Posts by Amelia Frost
Jared Kushner’s Hacked Phone Revealed Over $2 Billion in Secret Funds, Report Claims
Dutch intelligence officers monitoring Jared Kushner’s hacked iPhone allegedly uncovered access to a United Arab Emirates bank account holding hundreds of millions of dollars, according to an excerpt from a new book. The excerpt from “Princes and Thieves: Jared Kushner and Mohamed bin Zayed’s Secret Plot to Remake the Middle East” written by Matthew Cole,…
Read MoreI Tried the Gap x Victoria Beckham Collection—Here’s What Is Worth Adding to Cart
Most Friday mornings I’m excited about two things: Spotify dropping its New Music Fridays playlist and the weekend ahead. But today I skipped the tunes and headed straight to the Gap to check out the new Gap x Victoria Beckham drop. After teasing the collab on their respective social channels earlier this week, the two…
Read MoreTensions in the West Bank Escalate as Israeli Elections Approach. Two IDF Soldiers Killed in Attack.
Two Israeli soldiers were killed in an attack in the West Bank on Friday as tensions escalate ahead of the Israeli elections next week. Israeli Defense Forces (IDF) set up roadblocks and closures in Palestinian towns in the area near Hebron after the incident, in which the two gunmen were killed. The army said it…
Read MoreTrump Claimed Musk Fully Restored Ukraine’s Access to a Key Satellite System. Kyiv Says Not Quite.
President Donald Trump claimed on Thursday that Ukraine’s access to Starshield, a key satellite system used by the country to conduct the war against Russia, had been fully restored by Elon Musk after facing restrictions for days. “Whether I called or whether somebody else called, doesn’t make any difference, I guess. The bottom line –…
Read MoreOpenAI Nears $30 Billion Funding Round as UAE Investors Back $1.25 Trillion Valuation
OpenAI is nearing a funding round that could raise up to $30 billion at a $1.25 trillion valuation, as investors from the United Arab Emirates and investment firm Coatue lead a financing effort ahead of a potential stock market debut. The proposed deal would value the San Francisco-based artificial intelligence company at $1.25 trillion before…
Read MoreThe U.S. Keeps Blocking Iran’s Ports. Tehran’s Shadow Tankers Have Now Run Out of Oil.
Iran has exhausted the offshore crude stockpiles that helped sustain its oil sales during months of American naval pressure, removing a financial cushion as Tehran confronts the growing economic costs of war. The Wall Street Journal reported that Iranian oil stored aboard tankers in Asian waters had been depleted by mid-October, citing analysts at commodities-data…
Read MoreDemocrats Sue Trump Administration Over Alleged Election Interference, Claim Officials Are Being Intimidated
Democratic organizations and lawmakers sued the Trump administration, claiming it was attempting to interfere with and intimidate state election officials. The lawsuit sought to stop the administration from forcing states to purge voter rolls, arguing its actions interfered with states’ constitutional authority to organize and run elections. The lawsuit also alleges that the administration is…
Read MoreVoters Face Higher Cost of Living as Midterms Loom. Import Prices Saw The Highest Jump in Years.
The state of the economy, and specifically the cost of living, continues to be among the top issues in the upcoming midterm elections. And the most recent data points to higher prices. A recent Bureau of Labor Statistics report showed import prices rising 1.1 percent in September. Compared with the same month last year, import…
Read MoreTango Supports FRIDA Ukraine’s Mobile Cancer Detection Program Through Tango for Good
Mountain View, California, October 22, 2026, FinanceWire Through its Tango for Good initiative, the global live-streaming platform supports FRIDA Ukraine’s mobile cancer screening program, bringing essential medical services to local communities. Tango, a global social live-streaming platform connecting creators and audiences worldwide, has donated tens of thousands of dollars to support cancer detection and preventive…
Read MoreAI Spending Woes and Rising Oil Prices Weighed on Markets. The Nasdaq Had its Worst Day in Months.
Stocks plummeted on Thursday amid rising geopolitical tensions and renewed concerns about AI-related spending. The Dow Jones Industrial Average edged up 0.02%. But the S&P 500 dropped 1.21% and the tech-heavy Nasdaq Composite plunged 2.60%. The former had its worst day since late July and the latter since June 23. In fact, hedge funds are…
Read MoreCompanies Are Spending Billions To Build Data Centers. The Timeline For Them To Pay Off is Fuzzy.
CoreWeave and Applied Digital are spending billions of dollars to expand AI computing infrastructure, but their latest financial results show how far cash generation still lags behind the investments required to build that capacity. Together, the companies reported approximately $8.5 billion in property and equipment purchases during their most recent disclosed quarters. Their combined operating…
Read MoreHedge Funds Are Ramping Up Stock Shorts to Five-Year Highs. Goldman is Warning of a Squeeze.
Hedge funds are building bets against stocks to unusually elevated levels, creating conditions that could turn a market rebound into a sharp rally as bearish investors scramble to unwind their positions. Bloomberg reported Thursday that hedge funds’ bearish stock exposure was approaching a five-year high, citing Goldman Sachs data. The buildup raises the risk of…
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