By SIMON CONSTABLE
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Nuclear power accounts for almost 10% of electricity generation globally and the U.S., with its 94 reactors, is responsible for about 30% of it, making it the largest producer of nuclear-powered electricity in the world.
But how much do you really know about history of nuclear power, beyond, say, Three Mile Island, Chernobyl and “The China Syndrome”?
By SIMON CONSTABLE
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French soldiers fire their artillery gun March 7, 2019 at the Grafenwoehr Training Area
U.S. Army photo by Sgt. Christopher Stewart, Public domain, via Wikimedia Commons
By SIMON CONSTABLE
Nuclear power accounts for almost 10% of electricity generation globally and the U.S., with its 94 reactors, is responsible for about 30% of it, making it the largest producer of nuclear-powered electricity in the world.
But how much do you really know about history of nuclear power, beyond, say, Three Mile Island, Chernobyl and “The China Syndrome”?
Test yourself with the following quiz.
Read more here.
By SIMON CONSTABLE
Most people around the world either need or want to buy a car. But when it comes to choosing the model, American vehicles get short shrift. In other words, people outside the U.S. seem to shun buying U.S. vehicles. Instead, they’d rather buy their homegrown version..jpg)
By SIMON CONSTABLE
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By SIMON CONSTABLE
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By SIMON CONSTABLE
Just as the dot-com bubble began to burst in the second quarter of 2000, megasize phone company decided to shed its cellphone service known as AT&T Wireless Group. The ensuing sale became the then largest initial public offering on record, raising $10.6 billion.
Despite the epic amount of cash raised, AT&T Wireless’s first-day jump was just 7.4%. Wall Street expectations were for an “unspectacular price performance,” according to The Wall Street Journal. But many individuals had become conditioned to expect a huge first-day rally in the share price, says Art Hogan, chief market strategist at B Riley Wealth Management.
That was likely disappointing for some who bet big on a first-day price surge. The Journal featured one AT&T employee’s borrowing $54,400 on the IPO, an amount far greater than his annual salary. “That was very much the investing mindset which had yet to burst,” Hogan says. But as became apparent shortly thereafter, that attitude evaporated as the tech-heavy Nasdaq index slumped until October 2022.
As often happens on Wall Street, the glow was barely off the giant IPO, when AT&T Wireless was sold to Cingular Wireless. Read more here.
By SIMON CONSTABLE
Following Vice President JD Vance's warning that Europe was at risk of ‘engaging in civilizational suicide,' the continent has come under the microscope for largely failing to deal with mass migration from mostly Third World countries. Associated with that has been a massive rise in violent crime and a failing economy.
Freedom of speech is under attack as many complain of a two-tier justice system and, making things even more problematic, Europe's economy is not performing as expected. Read more here.
By SIMON CONSTABLE
As U.S.-Ukraine negotiations continue with both sides jockeying back and forth on a possible rare earth minerals deal, President Donald Trump said Sunday that Ukraine was trying to back out of the deal.
By SIMON CONSTABLE
Hour 4 -- Fresh Prince. about 12 minutes in
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By SIMON CONSTABLE
By SIMON CONSTABLE
Being robbed is a terrible thing, and may be emotionally draining. The same is true of being fooled in romance. When you combine the two, it’s far worse.
Online romance scams do just that. To avoid being devastated this way, it helps to understand the intricacies of this type of crime. Take our quiz to find out how much you know.
By SIMON CONSTABLE
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Le Café de la Société Artistique et Littéraire Française et Etrangère, 171, Boulevard de Montparnasse, Paris, 1909
Unknown authorUnknown author. Carte postale publiée par Phototypie l'Abeille, Paris., Public domain, via Wikimedia Commons
By SIMON CONSTABLE
On March 9, 2000, the tech-dominated Nasdaq Composite Index surpassed a then-staggering 5000 for the first time, up from its first breach of 1000 in July 1995.
“It is a crowning milestone in investors’ unprecedented love affair with technology stocks,” The Wall Street Journal wrote at the time. “It’s hard to believe, but the Nasdaq Stock Market is still a 20-something.” It was formed in 1971 and included American Express and Anheuser-Busch, both of which eventually moved to the New York Stock Exchange.
Sam Stovall, chief investment strategist at analytics company CFRA, says the late-1990s surge resulted from several factors. “It was overly exuberant earnings projections, fear of missing out, and a constant reminder of being in a new era and that this was different,” he says.
The day after the 5000 milestone, the index set its then-record of 5048.62, but that top didn’t last long. The index tumbled by 77% to its trough in early October 2002.
The initial break in the index came when Yahoo reported data showing the number of people looking at the site fell disappointingly short of expectations. Read more here.
By SIMON CONSTABLE
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By SIMON CONSTABLE
As if the Russia-Ukraine war wasn’t enough to raise wheat prices, unusually unfavorable weather conditions—plus dwindling Russian wheat inventories—look set to lift them higher.
Shawn Hackett of the Hackett Money Flow Commodity Report says foul weather could add at least $2 to wheat prices, which recently fetched $5.26 a bushel. Read more here.
By SIMON CONSTABLE
Earlier this year, Donald Trump announced that he would like Americans to have more babies and pushed forward ways to help that happen. These include expanding access to invitro fertilization and increasing spending in areas with higher marriage and birth rates.
But over the Atlantic, Victor Orban, Hungary’s Prime Minister, presented an audacious new idea. He wants to introduce a lifetime income tax exemption for all women who have two or more babies. Read more here.
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