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Japan core inflation rose 3% in Feb, bolstering rate hike expectations

The owner of rice shop Tadao Koike carries a bag of rice at his shop in Tokyo on February 14, 2025.  Yuichi Yamazaki | Afp | Getty Images Japan’s core inflation beat expectations and came in at 3% in February, government data showed on Friday, bolstering the case for further interest rate hikes. The core inflation figure — which excludes …

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Michigan nuclear plant shows challenges US safely restart old reactors

The Palisades nuclear power plant in Covert, Michigan, Feb. 24, 2025. Spencer Kimball | CNBC COVERT, Mich. — A nuclear power plant on the shores of Lake Michigan is aiming to make history this fall by becoming the first reactor in the U.S. to restart operations after shutting down to be eventually dismantled. The effort to restart the Palisades plant …

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