Posts by Amelia Frost
Napheesa Collier and Caitlin Clark Reveal Small Ways They Prioritize Mental Health Off the Court
Exactly halfway through the 2026 WNBA season, Minnesota Lynx superstar Napheesa Collier is just now getting back to the court after a series of injuries required two separate ankle surgeries between seasons. For star athletes, she stresses, recovery is a never-ending process that requires physical and mental fortitude. “People see what we put on the…
Read MoreAmazon Is Getting $600 Million From Trump Tariff Refunds. Some Customers Will Get Automatic Money Back
Amazon said it received approximately $600 million in tariff refunds after the U.S. Supreme Court struck down many of President Donald Trump‘s import tariffs, with the e-commerce giant announcing that some of that money will be returned directly to customers who paid higher prices because of the duties. The disclosure took place onThursday during Amazon’s…
Read MoreElon Musk Says Money Won’t Exist by 2036, Then He Launched a Payments App.
Elon Musk sat down with The Economist at his Texas Gigafactory in late July and made a claim that lands like a wrecking ball on Bitcoin’s entire investment thesis. “Money won’t matter in 2036.” — Elon Musk, CEO, Tesla and xAI His logic: AI and robots will produce more goods and services than anyone could…
Read MoreCredit Card Industry Needs More Regulation According to Insider, Ari Page
We’re all familiar with credit cards, but there’s an aspect of the industry that most people are unaware of that’s used by business owners who need cash fast called credit card stacking. In a nutshell, it’s a way to open up several business credit cards at once, typically at a 0% introductory rate, unlocking as…
Read MoreSpain Is Grappling With a Migrant Crisis. Trump Is Using It As a Cautionary Tale For The U.S.
Spain has been dealing with a migrant crisis in its African enclave of Ceuta after some 60,000 people entered from Morocco over the past 24 hours. Getty Images Spain has been dealing with a migrant crisis in its African enclave of Ceuta after some 60,000 people entered from Morocco over the past 24 hours. President…
Read MoreEconomic Uncertainty Persists As Stocks Whipsaw And The Iran War Flares Up Again. Consumer Sentiment Improved Still
Consumer sentiment improved for the second month in a row in July even though gas prices climbed again as the war between the U.S. and Iran flares up. Concretely, the index from the University of Michigan showed a 12% increase from June, clocking in at 55.2, above the preliminary reading of 54.4. Joanne Hsu, director…
Read MoreChina And The U.S. Are Clashing In The AI Race. Beijing’s Military Is Reportedly Using American Models to Train Its Defense Systems
Chinese military researchers have used outputs from leading U.S. artificial intelligence models developed by OpenAI and Anthropic to train domestic AI systems for defense-related applications, according to a new report.. A Reuters review of over 80 Chinese academic papers and patents, documents linked to the People’s Liberation Army (PLA) reveal widespread use of a technique…
Read MoreThe Trump Admin Will Get a Stake In Six Semiconductor Companies. The Total Will Rise To 30
The Trump administration is set to get a stake in six semiconductor companies, according to a new report. Yahoo Finance detailed that the companies signed letters of intent to receive government assistance in exchange for a “minority, non-controlling equity stake.” The deals are set to be finalized over the course of the next months and…
Read MoreOil Companies See Record Profits In Q2. Exxon Mobil And Chevron Are Among Those Benefiting From Iran War
U.S. oil and gas companies have seen profits soar in the second quarter, largely a result of disruptions related to the Iran war. Exxon Mobil saw its second-quarter profits jump 105 percent to $14.53 billion, the Associated Press reported. Total revenue for the company rose 42 percent to $116.02 billion. The war, which began at…
Read MoreChipmakers Are Rebounding Sharply After a Rout. Samsung And SK Hynix Stocks Are Seeing Historical Gains
SK Hynix and Samsung saw their best day on record in South Korea on Friday as chipmakers rebound following a sharp rout. The former jumped almost 30%, while the latter did so about 27%. CNBC detailed that LG Innoteck gained more than 20% and Seoul Semiconductor 15%. Shares of Japanese chipmakers also soared, and Taiwan’s…
Read MoreThe Earnings Season Has Become a Make Or Break Moment For Top Companies. Apple Is Plunging And Amazon Is Soaring
Amazon stocks are soaring and Apple’s are plunging after their reporting different situations at their respective results on Thursday. The former issued weak guidance for the third quarter, while the latter’s cloud computing business saw the strongest expansion since 2021. Apple’s stock fell 7% after citing “supply constraints” even though its earnings, revenue and iPhone…
Read MoreThe Fed Saw a Split Vote In Its Last Meeting. Those Who Favored a Hike Have Come Out To Say Action Is Needed Now
Two Federal Reserve officials who voted in favor of an interest rate hike in this week’s meeting said action is needed now to fend off inflation. They were Cleveland Fed Beth Hammack and Minneapolis counterpart Neel Kashkari. The former said that in her view, the Fed needs to “act to speed the return of PCE…
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