Gunnison Releases PEA for Arizona Copper Project, Plans for Open-pit, Heap-leach Operation
Gunnison Copper (TSX:GCU,OTCQB:EXMGF) is shifting its development strategy for the Gunnison copper project in Arizona, US, laying out plans for a conventional open-pit and heap-leach operation. In a preliminary economic assessment (PEA), released on Thursday (November 14), the company explains that it is targeting the production of finished copper cathode for domestic consumption. The PEA…
Oprah town hall cost Harris campaign far more than initially claimed: report
A new report revealed Vice President Kamala Harris’ presidential campaign paid more than double what was previously reported for the Oprah Winfrey town hall event. FEC filings, first reported by the Washington Examiner, show the Harris campaign made two $500,000 payments to Winfrey’s Harpo Productions on Oct. 15, a month after Winfrey’s town hall with Harris…
Ben Carson dispels rumors about joining White House in specific role, says he will meet with Trump soon
Ben Carson broke his silence around rumors of him joining the second Trump administration as the U.S. surgeon general on Sunday, but noted that he plans to speak with President-elect Donald Trump soon. Carson, who served as the secretary of Housing and Urban Development (HUD) from 2017 to 2021 during the first Trump administration, dispelled…
S&P 500 Futures Slip 0.51%
U.S. stock futures dropped early Friday as the postelection rally showed signs of faltering and the Federal Reserve indicated a cautious stance on further interest rate cuts. Dow Jones Industrial Average futures fell 156 points, or 0.36%, while S&P 500 and Nasdaq 100 futures declined 0.51% and 0.76%, respectively. Tech stocks saw mixed fortunes, with…
Trump lawyer William Owen Scharf picked for ‘crucial’ White House assistant role
President-elect Trump announced that William Owen Scharf, one of his lawyers, will serve as assistant to the president and staff secretary in the upcoming administration. ‘I am pleased to announce that William Owen Scharf will serve as Assistant to the President and White House Staff Secretary,’ Trump’s statement read. ‘Will is a highly skilled attorney…
Debt-ridden Harris campaign spent $2.6 million on private flights for staff in October: FEC documents
Vice President Harris’ debt-ridden presidential campaign spent $2.6 million on private flights in the last few weeks of the election season, documents show. The release of the findings comes as the debt-saddled campaign, which spent $1 billion on the trail, is being scrutinized for the financial decisions it made before losing the Nov. 5 election…
S&P 500 Futures Slip 0.51%
U.S. stock futures dropped early Friday as the postelection rally showed signs of faltering and the Federal Reserve indicated a cautious stance on further interest rate cuts. Dow Jones Industrial Average futures fell 156 points, or 0.36%, while S&P 500 and Nasdaq 100 futures declined 0.51% and 0.76%, respectively. Tech stocks saw mixed fortunes, with…
Alibaba Stock Rises 5% in Premarket
Alibaba Group Holding Ltd. reported mixed results for its September quarter, highlighting both opportunities and challenges within China’s e-commerce sector. Net income surged 58% year-over-year to 43.9 billion yuan ($6.07 billion), significantly outperforming the LSEG consensus of 25.83 billion yuan. The robust profit growth stemmed from gains in equity investments, lower impairment losses, and stronger…
US Plans to Triple Nuclear Power Capacity by 2050
The Biden administration has announced a strategic roadmap to significantly expand the United States’ nuclear energy capacity, setting a target to triple capacity by 2050. In a new 9-pillar framework, the Biden-Harris administration has laid out its plans to add 200 gigawatts (GW) of new nuclear energy through new reactor builds, reactivations and upgrades to…
Tech 5: TSMC Gets US$6.6 Billion Biden Admin Grant, Bitcoin Price Hits New All-time High
Bitcoin reached new heights this week, then paused amid speculation about how high it could go. Meanwhile, the Biden administration finalized a multibillion-dollar deal to bring advanced semiconductor manufacturing back to the US, and a nuclear energy company backed by Sam Altman announced data center supply deals. 1. Bitcoin price reaches new all-time high Bitcoin’s…