Westwater Resources: Graphite buyers ready to pay IRA premium

TL/DR - Westwater is building a battery-grade graphite processing plant in Alabama and has already signed an offtake agreement with South Korean EV battery manufacturer SK On. The company aims to establish a domestic industry for this critical material, which is currently dominated by China. The US government's decision to increase tariffs on…

DevelUP 2024 Panelists: Inflation Act Improves Affordable Housing

TL/DR - At the 2024 DevelUP conference hosted by Baker Tilly, the Inflation Reduction Act's (IRA) revolutionary impact on tax credits was highlighted. The IRA has created a wealth of new opportunities with more than 70 different tax credits and the ability to transfer them, opening doors for project funding and innovation. Don Bernards and Joel…

UCLA Protesters Occupy Building before Police Intervention

TL/DR - Pro-Palestinian demonstrators at the University of California, Los Angeles, formed a new encampment and took over a campus building before police officers in riot gear disbanded the efforts. The protesters were calling for the university to divest from companies seen as enabling Israel’s war in Gaza, an issue that had seen the…

Top Raleigh Economist Decodes Inflation Battle in Big Retail

TL/DR - Consumer prices were up 3.4% in April compared to the previous year, leaving consumers to feel the impact of inflation. However, large stores such as Target, Walmart, and Aldi are planning price reductions on several items throughout the summer in an effort to alleviate the financial pressure on their customers. Despite this, the local…