Posts by Amelia Frost
Trump Plans $500 Obamacare Rebates Before Midterms. Up to 1 Million Americans Could Get Checks.
President Donald Trump‘s administration is preparing to send $500 health care rebate payments to as many as 1 million Americans in the weeks leading up to the November midterm elections. According to an exclusive report from Axios, the payments would go to certain Affordable Care Act enrollees in 30 states who the administration says were…
Read MoreTrump Has Promised U.S. Adults $5,000 if The GOP Wins The Midterms. He Says He Wouldn’t Need Congress To Do It.
President Donald Trump reiterated his idea to give every American adult citizen $5,000 if the Republicans win the midterm elections, claiming he believes he could do it without the approval of Congress. Trump first brought up the idea at the Republican midterm convention on Thursday. In a follow-up interview with CBS News political reporter Jack…
Read MoreMore Researchers Are Quitting Anthropic And Google. Warning About Where AI Is Headed Escalate.
Two artificial intelligence safety researchers have left Anthropic and Google DeepMind, warning that increasingly capable AI systems are developing faster than safeguards and public oversight designed to keep them under control. Joe Benton, who led a safety research team at Anthropic, and Josh Engels, who worked on AI safety at Google, said they are joining…
Read MoreLeopold Aschenbrenner Returns to the Market After Situational Awareness’ Rout With New AI Options Bets
German artificial intelligence researcher and investor Leopold Aschenbrenner is returning to the public markets just weeks after a dramatic selloff in AI stocks nearly brought his hedge fund to its knees. Aschenbrenner’s investment firm, Situational Awareness, has begun buying options tied to several prominent AI and technology stocks, including Advanced Micro Devices, Bloom Energy and…
Read MoreOdds Of a Fed Rate Hike Climbed After Hotter-Than-Expected Core Inflation. Stocks Climbed Anyway.
Stocks rose on Friday, breaking a four-day losing streak even as bets of a rate hike by the Federal Reserve jumped after core inflation rose more than expected in July. The S&P 500 gained 0.86%, while the Dow Jones Industrial Average did so 0.98%. The tech-heavy Nasdaq Composite gained 0.96%. Chances of a rate hike…
Read MoreBeyond Freight: How Shipping Containers Are Supporting Australia’s Remote Economy
Australia is a country with truly unique geography. Almost nine in ten Australians live within 50km/30mi of the coast, leaving the island nation with a vast and sparsely populated rural centre – and a subsequent lack of remote infrastructure. It’s hard to overstate just how valuable containers have become to rural and regional Australia. From…
Read MoreSaudi Energy Infrastructure Keeps Getting Hit. Riyadh Has Now Shut Down a Key Pipeline.
Saudi Arabia said on Friday that it shut down its East-West Pipeline as precaution after sustaining multiple attacks. Citing an official source at the Ministry of Energy, the country said that the attacks “resulted in a number of injuries, and medical care was provided to those affected.” “The source said emergency and specialised technical teams…
Read MoreConcerns About The Pace Of AI Development Are Mounting. OpenAI Is Reportedly Considering Slowing Down.
OpenAI CEO Sam Altman reportedly said the company is considering slowing down the development of cutting-edge AI as concerns over the possibility that unregulated progress could get out of control mount. Speaking in a company-wide meeting this week, Altman said OpenAI could make the decision, perhaps along with other industry peers, but some may not…
Read MoreRipple Is Putting AI Agents In Charge Of Corporate Cash. Humans Will Still Have The Final Say.
Ripple is expanding the use of artificial intelligence agents across its corporate treasury platform, giving the software the ability to monitor cash, liquidity and financial risk and recommend actions while requiring human approval before financial transactions are executed. The company said that its GSmart AI technology is being expanded across forecasting, liquidity, risk management, reconciliation…
Read MoreDeepSeek And Alibaba Are Closing The AI Gap. Anthropic Accuses them Of Using Claude To Help Train Their Models.
Chinese artificial intelligence companies including Alibaba, DeepSeek and Moonshot AI used millions of exchanges with Anthropic’s Claude to help train and improve their own models, Anthropic said. The company claims they sought to extract capabilities from its most advanced systems to advance their own. Anthropic went on to describe “distillation” campaigns by seven China-based AI…
Read MoreHow Small Ecommerce Teams Can Measure the Real Value of AI
An AI tool can write a product description in seconds. The business still needs to check the fabric details, confirm the delivery promise, correct unsupported claims, and publish the text in the right place. The time spent generating a draft captures only one part of the job. For a small e-commerce team, the useful measure…
Read More$100 Oil Fuels a Global Bond Surge. Investors Fear Higher Inflation and Slower Growth.
Global bond markets came under renewed pressure Friday as oil prices hovering above $100 a barrel intensified fears that the latest energy shock could leave major economies facing an uncomfortable combination of stubborn inflation, weak growth and higher borrowing costs. Germany’s 10-year government bond yield, the benchmark for the euro area and traditionally considered one…
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