Washington is pouring $4.2 billion into nuclear power in Pennsylvania and Ohio, backing a French loan for a Texas plant upgrade. The money buys reliable baseload electricity and thousands of jobs.
A new wave of analysis argues that AI data centers, not just deficits or oil, are driving long-term bond yields to two-decade highs. The theory links electricity demand, grid investment and government borrowing into one story.
The IEA says it will release crude and diesel from emergency reserves after a tanker was hit in the Strait of Hormuz, pushing oil prices down at least $5. The UN warns the disruption could leave 22 million more people food insecure.
Seoul will fund eight American nuclear reactors and a Texas gas plant built to power AI data centers, while weighing a stake in Westinghouse. The deal marks one of the largest cross-border energy investments of the year.
Chinese solar-wafer maker TCL Zhonghuan will spend up to 500 million yuan buying back its own Shenzhen-listed shares for an employee ownership plan. The move follows a wave of similar buybacks as Chinese listed firms try to steady sentiment.
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