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Market Volatility: Stocks Flatten as Powell's Remarks Weigh on Gains

The stock market experienced a turbulent session on Wednesday, ultimately closing near flat after Federal Reserve Chair Jerome Powell's comments on monetary policy and inflation concerns. The S&P 500 ended nearly unchanged , giving back earlier gains as investors digested Powell’s remarks on the Fed’s stance regarding interest rates and economic restraint. Powell reiterated that the central bank remains cautious about inflation, particularly in light of tariff-driven price increases expected over the summer. While the Fed signaled that borrowing costs are likely to decline this year, the pace of future rate cuts appears to be slowing.  Following Powell’s speech, U.S. Treasury yields reversed their earlier declines , influencing market sentiment. The Dow Jones Industrial Average fell 43.83 points (0.10%) , while the Nasdaq Composite managed a slight gain of 23.66 points (0.12%).  Investors also kept a close eye on geopolitical developments, particularly tensions in the Midd...
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Trump’s Nuclear Energy Overhaul: A Fast-Tracked Future?

In a bold move to reshape the U.S. nuclear energy landscape, President Donald Trump has signed executive orders aimed at accelerating the licensing process for new reactors and power plants. The initiative seeks to cut down the multi-year approval timeline to just 18 months, a significant reduction from the decade-long process that has historically discouraged new nuclear projects.

The orders also include a substantial overhaul of the Nuclear Regulatory Commission, with directives to reassess staffing levels and facilitate collaboration between the Energy and Defense departments to construct nuclear plants on federal lands. The administration envisions the Department of Defense playing a key role in ordering and installing reactors on military bases.

Trump’s push for nuclear expansion comes amid growing electricity demands, particularly from data centers supporting artificial intelligence systems. While nuclear energy has gained bipartisan support for its potential to provide reliable, low-emission power, concerns remain over reactor safety and radioactive waste management.

With these sweeping changes, the administration hopes to usher in a new era of American nuclear energy dominance. However, critics warn that reducing regulatory oversight could pose risks, emphasizing the need for careful implementation to balance innovation with safety.

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