The Working Class Has Spoken
Union for Trump Hi Reader, Here’s what our editors are looking at today… | | | Jim Rickards: After Years of Loyalty to Biden, the Working Class Changes Its Tune Too many of the million-plus Teamsters union members support Trump for the organization to make its traditional Democrat endorsement. And in an unprecedented move, the International Brotherhood of Teamsters declined to issue a presidential endorsement. This comes days after Harris met with Teamsters leaders and members at the union’s D.C. headquarters and amid speculation about strong support for former President Donald Trump among organized labor’s rank-and-file. The powerful labor union is deeply connected to working class voters in battleground states who could be crucial to the outcome of November’s election. It cited a lack of consensus among its members, and the non-endorsement is a sizable blow for Vice President Kamala Harris given the Biden administration’s unabashed union loyalty during his term. ⇒ Read More Here | |
Ray Blanco: Microsoft Reboots Three Mile Island: AI's Energy Hunger Sparks Historic Nuclear Revival Pennsylvania’s dormant Three Mile Island nuclear plant would be brought back to life to feed the voracious energy needs of Microsoft under an unprecedented deal in which the tech giant would buy 100 percent of its power for 20 years. Three Mile Island would provide Microsoft with the energy equivalent it takes to power 800,000 homes, or 835 megawatts. Never before has a U.S. nuclear plant come back into service after being decommissioned, and never before has all of a single commercial nuclear power plant’s output been allocated to a single customer. But the economics of both the power and computing industries are changing rapidly. Tech companies are scouring the nation for power that is both reliable and helps them meet their pledge to fuel AI development with zero emissions electricity — driving a nuclear power revival. ⇒ Read More Here | |
Alan Knuckman: The US Led Nuclear Fusion for Decades… But China Is Eyeing Its Spot The bustling city of Shanghai marks national celebrations with world-famous light shows, illuminating its skyscrapers with dazzling colors, like beacons of Chinese innovation. It is here that scientists and engineers work around the clock to pursue the next big thing in global tech, from 6G internet and advanced AI to next-generation robotics. It’s also here, on an unassuming downtown street, a small start-up called Energy Singularity is working on something extraordinary: nuclear fusion energy. US companies and industry experts are worried America is losing its decades-long lead in the race to master this near-limitless form of clean energy, as new fusion companies sprout across China, and Beijing outspends DC. ⇒ Read More Here That’s all for today, we’ll be back Monday with more topics and articles from our editors. Email us here with whatever crosses your mind that you want us to cover. We look forward to hearing from you! Looking forward to your financial future, | | | | | |
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