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☆ Biden’s green light for Ukraine to use ATACMS in Russia just raised the stakes in a war Trump will inherit
▼ + stars: | 2024-11-17 | by ( Nick Paton Walsh | ) edition.cnn.com time to read: +3 min

Kyiv loudly decries the refusal, and just when the request seems to have been parked, the Biden administration approves it. Is it too late for the US-made Army Tactical Missile Systems, or ATACMS, to make a difference if it hits targets deep inside Russia? The answer is complex and perhaps explains some of the reluctance of the Biden administration to grant permission. Secondly, Ukraine has been able to penetrate deeper inside Russia using domestically manufactured and cheaper drones. Thirdly, the permission to use US precision missiles to hit deeper inside Russia is, as it sounds, quite provocative.

Persons: Joe Biden, Biden, HIMARS, Abrams, Russia –, Donald Trump Organizations: CNN, Army Tactical Missile Systems, Analysts, Institute for, United, NATO, America Locations: Ukraine, Russia, Kyiv, ATACMS, United States, Moscow, Europe, Kursk

☆ Biden authorizes Ukraine to use powerful ATACMS to strike inside Russia
▼ + stars: | 2024-11-17 | by ( Katie Balevic | Jake Epstein | ) www.businessinsider.com time to read: +2 min

AdvertisementPresident Joe Biden will allow Ukraine to strike Russia with US-provided long-range missiles. The US previously restricted Ukraine from striking Russia with the powerful ATACMS. President Joe Biden has authorized the use of powerful, US-provided long-range missiles for Ukraine to strike inside Russia, according to multiple reports. Biden's decision will allow Ukraine to train its sights on some 245 Russian targets using ATACMS. Beyond the US-provided missiles, Kyiv also fields long-range cruise missiles that the UK and France provided.

Persons: Joe Biden, Donald Trump's, Volodymyr Zelenskyy, Biden, Zelenskyy Organizations: Army Tactical Missile Systems, New York Times, Kyiv's, ATACMS, Military, The Defense Department, White House National Security Locations: Ukraine, Russia, North Korea, Russia's Kursk, Sunday, Kursk, Kyiv, Russian, United States, France

☆ 4 ways Trump's housing plans are expected to hurt homebuyers and 3 ways they could help
▼ + stars: | 2024-11-17 | by ( Eliza Relman | ) www.businessinsider.com time to read: +8 min

AdvertisementHigh housing costs, driven in large part by a shortage of homes, are keeping inflation sticky. Economists say Trump's proposals are a mixed bag; some could help housing costs and some could hurt. Ultimately, housing policy experts and industry leaders say housing costs will largely depend on how much new supply can be delivered to the market, which is suffering from a severe shortage of homes. Federal housing assistanceDuring his first term, Trump repeatedly proposed major cuts to housing assistance for households with low incomes or members with disabilities. This would make it harder for lower-income Americans to afford homes and slow down affordable housing construction.

Persons: Trump, Donald Trump, Karoline Leavitt, Vance, Jim Tobin, Tobin, Maurice Page, JD Vance, they're, Anirban Basu, Biden, Ben Metcalf, Metcalf Organizations: Federal Reserve, Trump, National Association of Home Builders, Biden, Administration, Nevada Housing Coalition, Business, Energy, Associated Builders and Contractors, Economic, of New, Reserve, UC Berkeley, Immigrants, Republican Locations: Nevada , Arizona, Utah, of New York, China

☆ Russia targets Ukraine's power grid in 'massive' missile strike, officials say
▼ + stars: | 2024-11-17 | by ( ) www.cnbc.com time to read: +3 min

Blasts rang out across Ukraine's capital Kyiv and other cities early on Sunday, as Russia staged its biggest missile attack since August and targeted power facilities with the winter setting in, officials said. "Another massive attack on the power system is under way. Officials often withhold information on the state of the power system because of the war. "Russia launched one of the largest air attacks: drones and missiles against peaceful cities, sleeping civilians, critical infrastructure," said Foreign Minister Andrii Sybiha. In Kyiv, the roof of a residential building caught fire due to falling debris and at least two people were hurt, city officials said on the Telegram messaging app.

Persons: German Galushchenko, Andrii Sybiha, Vladimir Putin, Olaf Scholz, Vitali Klitschko Organizations: Ukrainian Energy, German, Facebook, Authorities, NATO Locations: Kyiv, Russia, Ukraine, Dnipropetrovsk, Volyn, Mykolaiv, Zaporizhzhia, Odesa, Kryvyi, Rivne, Poland

☆ Russia launched 'massive' overnight attack on Ukraine, firing around 120 missiles and 90 drones, Kyiv says
▼ + stars: | 2024-11-17 | by ( Mikhaila Friel | ) www.businessinsider.com time to read: +2 min

AdvertisementRussia launched a "massive" overnight attack on Ukraine, Ukrainian President Volodymyr Zelenskyy said. Ukrainian President Volodymyr Zelenskyy said Russia launched a "massive combined attack" on Ukraine overnight, targeting energy infrastructure across the country. Writing on X, Zelenskyy said that Russia fired around 120 missiles and 90 drones at Ukraine from Saturday night to Sunday morning. It said the missiles fired in the attack included Kalibr cruise missiles, Kinzhal ballistic missiles, and a Zircon hypersonic missile, among others. AdvertisementMore than 140 aerial targets were taken out by Ukraine's air defenses overnight, the air force said.

Persons: Volodymyr Zelenskyy, Zelenskyy Organizations: Russia, Center for Strategic, International Studies, Kremlin, Armed Forces, Business Locations: Ukraine, Russia, Ukrainian, Mykolaiv, Washington, Moscow, Iran, North Korea, China

☆ Trump picks oil industry CEO Chris Wright as Energy Secretary
▼ + stars: | 2024-11-16 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms | ) www.nbcnews.com time to read: +2 min

President-elect Donald Trump said on Saturday that oil and gas industry executive Chris Wright, a staunch defender of fossil fuel use, would be his pick to lead the Department of Energy. Wright is the founder and CEO of Liberty Energy, an oilfield services firm based in Denver. He has stood out among oil and gas executives for his freewheeling style, and describes himself as a tech nerd. The secretary also oversees the aging U.S. nuclear weapons complex, nuclear energy waste disposal, and 17 national labs. If confirmed by the Senate, Wright will replace Jennifer Granholm, a supporter of electric vehicles, emerging energy sources like geothermal power and a backer of carbon-free wind, solar and nuclear energy.

Persons: Donald Trump, Chris Wright, Wright, we’re, ” Wright, Biden, Trump, Jennifer Granholm Organizations: Department of Energy, Liberty Energy, Strategic Petroleum Reserve, Office, Senate, Republicans, Democrats Locations: Denver, Soviet, U.S, —, United States

The U.S. on Saturday reported its first case of a more aggressive strain of mpox: an individual in California who had recently traveled from Eastern Africa. It is classified into two distinct groups: the more aggressive strain, clade I, and a somewhat milder strain, clade II. In the current outbreak, clade I has been spreading largely through contact with infected animals and transmission within households, according to disease experts. But a version of the strain, clade Ib, has also spread through sexual contact among female sex workers and men who have sex with men in Congo. That’s compared to a 0.2% global fatality rate for the 2022 outbreak.

Persons: “, Marc Siegel Organizations: California Department of Public Health, Centers for Disease Control, CDC, World Health Organization, Democratic, George Washington School of Medicine, Health Sciences, of Health, Human Service, Health Locations: California, Eastern Africa, San Mateo County, U.S, Africa, Central Africa, East Africa, Democratic Republic of Congo, Sweden, Thailand, Germany, India, United Kingdom, Congo

For Brandon Mintz, it was the text messages and calls that started rolling in from friends and colleagues asking how high bitcoin prices could go. Strategic reserve could set off 'bitcoin space race'Under this idea, the U.S. would establish a “strategic bitcoin reserve,” like the ones it already maintains for gold and oil. A day later, Trump echoed the strategic reserve idea, though did not put a specific figure on it. On Nov. 6, Lummis posted on X in all-caps, “WE ARE GOING TO BUILD A STRATEGIC BITCOIN RESERVE,” alongside two American flags. For crypto supporters, a strategic bitcoin reserve would send a signal to markets and countries alike about the digital token’s value.

Persons: Brandon Mintz, Lee Bratcher, Donald Trump’s, Bratcher, ”, Trump’s, ’, Mintz, ” Mintz, they’ve, ‘, Ric Edelman, ” Edelman, JP Richardson, Trump, Nicholas Percoco, ” Percoco, —, Robert F, Kennedy Jr, Human Services —, Sen, Cynthia Lummis, Lummis, David Bailey, Michael Terpin, “, ” Terpin, He’s Organizations: American Blockchain, Republican, Texas Blockchain, NBC News, FBI, Trump, Securities and Exchange Commission, Commodity Futures Trading Commission, Edelman Financial Services, Liberty, Strategic, Bitcoin Conference, Department of Health, Human Services, Social Security, BTC Inc, Bitcoin Locations: Texas, Dallas, Bitcoin, bitcoin, U.S, Nashville

WASHINGTON — President-elect Donald Trump’s consistent campaign pledge to impose sweeping tariffs on products imported into the U.S. is likely to face stiff challenges in court and potentially pushback from Congress. There are potential legal limits to Trump’s authority, even though he has said he would unilaterally impose the increases. But a broad array of tariffs on allies “could cross the line,” especially as the Supreme Court has taken a generally pro-business stance in recent years, he added. During the Biden administration, the Supreme Court embraced a theory called the “major questions doctrine.” Biden’s ambitious plan to wipe out billions of dollars in student debt was one of the proposals the Supreme Court faulted. The Supreme Court declined to take up the issue.

Persons: Donald Trump’s, Trump, he’s, Joe Biden, ”, Alan Morrison, “, ” Morrison, ‘, ” Trump, Ed Brzytwa, Brzytwa, Sen, Rand Paul, Rick Scott, ” Scott, Petros Mavroidis, ’, Jennifer Hillman, Hillman, Biden, Matt Priest, “ We’ll, ” Priest Organizations: WASHINGTON, China . Industry, George Washington University Law School, Chicago Economic Club, National Bureau of Economic Research, Federal Reserve Board, Consumer Technology Association, “ Consumers, CTA, Fox News, Sunday, Republicans, Columbia Law School, Georgetown Law Center, of International Trade, Trump, Appeals, Federal Circuit, Supreme, Federal Communications, Federal Energy Administration, Footwear Distributors, Retailers of America Locations: U.S, Congress, China, United States, Ky, Canada

☆ China willing to be partners, friends with US, Chinese envoy says
▼ + stars: | 2024-11-16 | by ( ) www.cnbc.com time to read: +2 min

The national flags of the United States and China flutter at the Fairmont Peace Hotel on April 25, 2024 in Shanghai, China. China is willing to be partners and friends with the United States, China's ambassador to Washington said, seeking to strengthen dialogue between the world's two largest economies. China has no plan to surpass or replace the United States, Xie Feng said in a speech in Hong Kong on Friday, addressing Chinese officials and the U.S. ambassador to China. Chinese President Xi Jinping called on Friday for rejecting unilateralism and protectionism in favour of economic globalisation. However, some analysts say China's pitch as a counterbalance to a Trump-led United States has lost its shine compared to 2016, when Trump was first elected.

Persons: Xie Feng, Donald Trump's, Trump, Xi Jinping, Xie Locations: United States, China, Fairmont, Shanghai, Washington, Hong Kong, U.S, Beijing, Europe, Asia, Trump, Taiwan, Taipei

☆ 36-year-old in Denmark quit his job and built himself a tiny home in the woods for under $13,000—take a look inside
▼ + stars: | 2024-11-16 | by ( Celia Fernandez | ) www.cnbc.com time to read: +7 min

For years, 36-year-old Anders Boisen lived in apartments all over the city of Aarhus, the second-largest in Denmark. The tiny house is six and a half meters long and two and a half meters wide, or 21.3 feet long by 6.6 feet wide. To finish building the tiny home, Boisen quit his job and focused on the project full-time. "I wanted to see how low you can go in terms of still living comfortably in a tiny house. Anders Boisen

Persons: Anders Boisen, Boisen, didn't, hadn't, he's, that's, Anders Boisen Boisen Organizations: CNBC, YouTube Locations: Aarhus, Denmark, Boisen

☆ Tesla Cybertrucks have joined the growing number of luxury EVs that can now be leased
▼ + stars: | 2024-11-16 | by ( Lloyd Lee | ) www.businessinsider.com time to read: +3 min

Part of the reason is due to a tax credit program that the Cybertruck has been largely left out of. Tesla is offering the Cybertruck for lease a year after the EV company made its first deliveries to customers. However, leasing an EV offers buyers another way to take advantage of the tax credit program without meeting every requirement. Through what's known as a "leasing loophole," dealerships can receive the tax credit and choose to pass those savings on to the buyer or lessee. But Tesla's Cybertruck has largely been left out of the federal incentive program.

Persons: Tesla, Elon Musk's, Rivian, Tesla's Cybertruck Organizations: EV, Biden, Internal, Department of Energy's

☆ Jake Paul defeats Mike Tyson via unanimous decision of highly anticipated bout
▼ + stars: | 2024-11-16 | by ( Homero De La Fuente | Jonny Velasquez | ) edition.cnn.com time to read: +2 min

CNN —Social media influencer-turned-boxer Jake Paul defeated former heavyweight champion Mike Tyson via unanimous decision of their highly anticipated professional bout on Friday night in Arlington, Texas. “First and foremost Mike Tyson, it’s such an honor,” Paul told Tyson after the match. This man is an icon and it’s just an honor to be able to fight him.”Tyson, left, and Paul fight during their heavyweight boxing match. However, Paul responded several moments later, catching Tyson with several well thrown punches, appearing to rock the former heavyweight champion. Paul continued to take control of the fight from there, landing his combinations, and giving Tyson trouble with his jabs.

Persons: Jake Paul, Mike Tyson, Paul, Tyson, ” Paul, “, I’m, ” Tyson, Julio Cortez, Timothy A, Clary Organizations: CNN, Social, T, Dallas Cowboys, Getty Locations: Arlington , Texas, AFP

☆ Why an entrepreneur has no regrets about moving from Hawaii back to her Kansas hometown
▼ + stars: | 2024-11-16 | by ( Madison Hoff | ) www.businessinsider.com time to read: +5 min

AdvertisementAudra Dinell doesn't regret moving from Hawaii to her home state of Kansas in 2020. Kansas has a lower cost of living than Colorado and Hawaii, the states Dinell lived in previously. Audra Dinell, 38, said her move back to Kansas from Hawaii felt like she was starting over. "We miss a lot of things about the places we left — the people, culture, mountains, and ocean — but no, we do not have any regrets about moving back to Kansas," Dinell, who moved from Kansas to Colorado before living in Hawaii, said. "I have friends who have visited us from Hawaii, Colorado, many different cities, South Carolina, and they're always so surprised," she said.

Persons: Audra Dinell, Dinell, I've, she's, they're Locations: Hawaii, Kansas, Midwest . Kansas, Colorado, Wichita , Kansas, Honolulu, Wichita, , Kansas, Hawaii and Colorado, Colorado . In Hawaii, Hawaii , Colorado, South Carolina

☆ Trump picks Liberty Energy CEO and Oklo board member Chris Wright as Energy secretary
▼ + stars: | 2024-11-16 | by ( Spencer Kimball | ) www.cnbc.com time to read: +2 min

President-elect Donald Trump on Saturday selected Liberty Energy CEO Chris Wright to serve as the next energy secretary of the United States. Wright serves on the board of Oklo , a nuclear power startup backed by OpenAI CEO Sam Altman that is developing micro reactors. Wright will also serve on Trump's Council of National Energy, the president-elect said Saturday. "There is no climate crisis and we're not in the midst of an energy transition either," Wright said in a video posted on his LinkedIn page last year. "There is no such thing as clean energy or dirty energy," Wright said.

Persons: Donald Trump, Chris Wright, Wright, Sam Altman, Trump's, Doug Burgum, we're, Trump, Chris Organizations: Republicans, Hyatt, Saturday, Liberty Energy, United States . Liberty Energy, Trump, U.S, Trump's, of National Energy, Interior Secretary, North Dakota Gov, American Energy Independence, Global Energy Markets, The, Energy Information Administration Locations: Washington , DC, United States, Denver, The U.S, Russia, Saudi Arabia

Trump wants Gaetz confirmed “100%,” a source told CNN. He also believes Gaetz is uniquely positioned to defend the Trump administration on television, an attribute prioritized by the president-elect. Trump’s pick for deputy attorney general — his defense attorney Todd Blanche — will carry out the day-to-day work of overseeing the Justice Department’s more than 40 agencies and 115,000 employees. In recent days, Gaetz has been reaching out directly to Republican senators, according to a source familiar with the efforts. The Democratic-controlled Judiciary Committee formally requested the House Ethics Committee report already, but Democrats will lose control of the committee in January.

Persons: Donald Trump, Matt Gaetz, Trump, Gaetz, ” Trump, Trump’s, Todd Blanche —, Justice Department’s, ” Gaetz, “, ”, Sean Spicer, Gaetz’s, Pete Hegseth, Robert F, Kennedy Jr, Tulsi Gabbard, Kennedy, Sen, Lisa Murkowski, Susan Collins of Maine, Joni Ernst, “ He’s, North Dakota Sen, Kevin Cramer, Kevin McCarthy, Oklahoma Sen, Markwayne Mullin, CNN’s Manu Raju, ” Mullin, Mullin, Mike Johnson, Mike Rounds, John Cornyn of, ” Rounds, Chuck Grassley, Grassley, John Thune, Thune Organizations: CNN, Department, Senate, Justice Department, Trump, Justice, Fox News, Hawaii Rep, Republican Senate, Republicans, Republican, North Dakota, Democratic, GOP Locations: Florida, Alaska, Iowa, Oklahoma, John Cornyn of Texas

☆ 5 new weight-loss drugs to watch in the fight for the next Ozempic
▼ + stars: | 2024-11-16 | by ( ) www.businessinsider.com time to read: +8 min

"Forthcoming medications take the blockbuster GLP-1 medications and up the ante." Like semaglutide (the active ingredient in Ozempic and Wegovy), it works on GLP-1, a hormone that regulates blood sugar and appetite. CagriSema adds it to the already-popular drug semaglutide, which itself helps manage hunger and blood sugar levels. "Longer-acting versions of GLP-1 medications offer the potential for greater convenience and potentially improved adherence and sustained use over time," McGowan said. Timeline: Data from Phase II trials is expected later this year, and planning is underway for Phase III trials.

Persons: Eli Lilly, Dr, Christopher McGowan, Eli Lilly's, Ozempic, retatrutide, VK2735, we've, they're, McGowan Organizations: Pharma, Novo Nordisk, Viking Therapeutics, Triple, Therapeutics, FDA, orforglipron, Nordisk, Reuters Locations: GLP, Mounjaro, California

☆ Trump picks fracking company CEO Chris Wright as next Department of Energy secretary
▼ + stars: | 2024-11-16 | by ( Ella Nilsen | ) edition.cnn.com time to read: +2 min

CNN —President-elect Donald Trump on Saturday named Chris Wright, the CEO of Denver-based fracking company Liberty Energy, as his pick to be the next secretary of the Department of Energy. Wright will also serve as a member on the newly formed Council of National Energy, which Trump said will consist of all agencies involved in the “permitting, production, generation, distribution, regulation, transportation” of energy. In addition to his company’s work on fracking oil and natural gas, Wright also sits on the board of a modular nuclear reactor company and has talked about the potential of nuclear energy. Developing nuclear energy has become a big focus of the Biden administration’s Energy Department. “Standing in the way of today’s energy system before we’ve built a new energy system, there’s just no upside in that,” Wright told CNBC.

Persons: Donald Trump, Chris Wright, Wright, Trump, Doug Burgum –, “ Chris, Chris, ” Trump, Harold Hamm, ” Wright, Joe Biden, “, we’ve, ” Organizations: CNN, Liberty Energy, Department of Energy, of National Energy, North Dakota Gov, Department of, Energy, Gas, American Energy Independence, Global Energy Markets, Biden administration’s Energy Department, National Nuclear Security Administration, Hart Energy, CNBC, International Energy Agency Locations: Denver, Oklahoma

☆ This is the anti-ESG venture capital firm that Donald Trump Jr. is joining instead of taking a White House role
▼ + stars: | 2024-11-16 | by ( Grace Eliza Goodwin | ) www.businessinsider.com time to read: +4 min

AdvertisementDonald Trump Jr. will not take on a White House role, opting instead for the VC firm 1789 Capital. The venture capital firm that Donald Trump Jr. is reportedly joining eschews investments that push social and environmental issues and instead focuses on what it calls "EIG," or entrepreneurship, innovation, and growth. Like 1789 Capital, Trump Jr. has long been a proponent of the parallel economy, also called the "patriot economy," a term used by MAGA conservatives to refer to businesses that align with their traditional values. And Trump Jr.'s connection to Malik, the president of 1789 Capital, includes the pair's mutual support of a parallel economy platform called PublicSquare. Representatives for Trump Jr. through the Trump Organization and the Trump transition team didn't respond to a request for comment from BI.

Persons: Donald Trump Jr, Omeed Malik, Tucker, EIG, —, Tucker Carlson's, Donald Trump's, Omeed Malik —, Christopher Buskirk, Malik, Buskirk, deglobalization, MAGA, Trump, Malik didn't, Tucker Carlson, Jordan Cohen Organizations: The New York Times, Bloomberg, Trump Jr, Bank of America, Farvahar Partners, Trump, Republican National Committee, New York Stock, Time Magazine, Tucker Carlson Network, Fox News, Trump Organization Locations: The Florida, Beach , Florida

☆ Here's a look inside the Three Mile Island nuclear power plant
▼ + stars: | 2024-11-16 | by ( Spencer Kimball | ) www.cnbc.com time to read: +1 min

Operations at Three Mile Island are poised to restart in four years, the latest sign that the nuclear power industry is undergoing a major turnaround after a wave of plant closures. The Unit 1 reactor at Three Mile Island, which entered service in 1974, was permanently shut down in 2019 due to economic pressure as nuclear power struggled to compete against natural gas. But the tech sector's growing power needs are breathing new life into the industry. Constellation Energy plants to restart Unit 1 in 2028 through an agreement with Microsoft to help power the tech company's data centers. Here is a look at the plant's main control room, the turbine deck that houses the main power generator, and the facility's iconic cooling towers.

Persons: Chris Crane, Exelon, Bryan Hanson Organizations: Constellation Energy, Microsoft, Crane Clean Energy, Nuclear Regulatory Commission, The Department of Energy, Energy Solutions

☆ Russia pumping gas via Ukraine but volumes to Austria cut
▼ + stars: | 2024-11-16 | by ( ) www.cnbc.com time to read: +2 min

Last week, Gazprom accused Ukraine of withholding gas supplies destined for Moldova and threatened to reduce those flows, although Ukraine denied the accusation. Russian gas giant Gazprom continued to pump steady volumes of gas to Europe via Ukraine on Saturday, but supplies to Austrian energy company OMV were halted hours after Vienna said Russia had given notice it would cut off flows. Gazprom said it would send 42.4 million cubic metres of gas to Europe via Ukraine on Saturday, the same volume as on Friday. Flows into Slovakia from Ukraine were stable but nominations for flows to Austria from Slovakia were around 16% below averages seen this month, data from transmission system operator Eustream showed. OMV usually accounts for around 40% of Russian gas flows via Ukraine, or some 17 mcm per day.

Persons: Moscow, OMV, Chancellor Olaf Scholz, Vladimir Putin, Donald Organizations: Gazprom Locations: Ukraine, Moldova, Europe, Austrian, Vienna, Russia, Germany, Soviet, Kyiv, Slovakia, Czech Republic, Austria

☆ Ryan Reynolds and Blake Lively's personal trainer says he's fitter and more shredded at 47 than he was in his 20s. Here's how he works out and recovers.
▼ + stars: | 2024-11-16 | by ( Rachel Hosie | ) www.businessinsider.com time to read: +5 min

AdvertisementDon Saladino, a personal trainer to celebrities, said he's in the best shape of his life at 47. His training regime includes strength and interval training, and hockey. If he can fit a fifth lifting day into his week, Saladino does accessory movements such as arm exercises and ab interval work. AdvertisementPlaying hockey for funDon Saladino (second from left) plays hockey twice a week. Lars Niki/Getty ImagesSaladino plays hockey twice a week, often at 6:30 a.m., he said.

Persons: Don Saladino, he's, Saladino, Ryan Reynolds, Blake Lively, Sebastian Stan, Anne Hathaway, Lars Niki Organizations: Navy, Research Locations: New York

☆ Three Mile Island restart could mark a turning point for nuclear energy as Big Tech influence on power industry grows
▼ + stars: | 2024-11-16 | by ( Spencer Kimball | ) www.cnbc.com time to read: +12 min

The main control room of the Three Mile Island nuclear power plant in Middletown, Pennsylvania, Oct. 30, 2024. (Take a deeper look inside the Three Mile Island nuclear power plant here.) Part of a control panel at the Three Mile Island nuclear power plant in Middletown, Pennsylvania, Oct. 30, 2024. A cooling tower at the Three Mile Island nuclear power plant in Middletown, Pennsylvania, Oct. 30, 2024. The turbine deck of the Three Mile Island nuclear power plant in Middletown, Pennsylvania, Oct. 30, 2024.

Persons: Danielle DeVries, Trevor Orth, Chris Crane, Constellation, Bryan Hanson, Hanson, Holtec, Mike Goff, Thomas Mehaffie, Tom Mehaffie, Mehaffie, Mehaffie's, PJM, Mark Christie, Alistair Speirs, Speirs, Ryan Levine, Levine, CNBC Hanson Organizations: CNBC MIDDLETOWN, Constellation Energy, Nuclear Regulatory Commission, Constellation, NRC, CNBC, Crane Clean Energy, Microsoft, Google, U.S . Unit, Energy Solutions, Unit, of Nuclear Energy, Department of Energy, Pennsylvania, Construction, Federal Energy Regulatory Commission, CNBC Federal, Nuclear Regulatory, Citi, General Electric Locations: Middletown , Pennsylvania, Pa, United States, U.S, Baltimore, Exelon, Michigan, Pennsylvania, Harrisburg

☆ 3 reasons why Russia's economy can survive without crisis for up to 5 more years, think-tank economists say
▼ + stars: | 2024-11-16 | by ( Filip De Mott | ) www.businessinsider.com time to read: +5 min

Russia's wartime economy could be in it for the long-haul — or at least longer than expected. A team of economists is unconvinced that Russia will tumble into economic collapse any time soon, as suggested by some analysts. The paper counters notions that a Russian crisis will come as soon as next year, an argument made by economists such as Yuriy Gorodnichenko. Don't underestimate domestic demandAccording to the report, Russia's domestic market has been an underrated factor behind the country's perseverance. Sustainable war spendingSome have forecast an immediate recession if Russia's war in Ukraine ever ends, arguing that the Kremlin's massive war budget is responsible for the economy's continued survival.

Persons: Yuriy Gorodnichenko, shouldn't Organizations: Center, UC Berkley, CASE, Kremlin, Moscow Locations: Russia, Europe, Russian, Moscow, Ukraine

☆ Trump picks oil industry CEO Chris Wright as Energy secretary
▼ + stars: | 2024-11-16 | by ( ) www.cnbc.com time to read: +2 min

Persons: Donald Trump, Chris Wright, Wright, we're, Biden, Trump, Jennifer Granholm Organizations: Republicans, Hyatt, Department of Energy, Liberty Energy, Strategic Petroleum Reserve, Office, Senate, Democrats Locations: Washington , DC, Denver, Soviet, U.S, United States

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