Posts by Amelia Frost
Zoë Kravitz Proves Flared Jeans Go Best With This Surprising Fall Shoe Trend
Zoë Kravitz and Sienna Miller just cosigned an unexpected denim and shoe combo that is actually perfect for fall. Because when the reigning queen of nonchalant glamour rocks the same wardrobe combo as a boho style icon in the span of a week, it’s time to take notice. That’s exactly what I did when Kravitz…
Read MoreTrump Admin Unveils ‘Operation Economic Outcast’ Against Iran. China Could Be Reached.
The Trump administration has unveiled a plan to impose secondary sanctions on those “enabling” Iran to maintain its economic activity. Treasury Secretary Scott Bessent said the plan is called “Operation Economic Outcast” and appeared to say China could be reached by the measures. “We want to make clear here today that no one is above…
Read MoreEnsuring a Supertanker Goes Through The Strait Of Hormuz Now Costs Tens Of Millions, Total CEO Says
TotalEnergies Chairman and Chief Executive Officer Patrick Pouyanne said getting a supertanker through the Strait of Hormuz now costs $20 million. Pouyanne told Bloomberg that the company is buying barrels at between $50 and $60 in the Persian Gulf as producing countries are increasingly desperate to sell their stocks as shipping through the waterway continues…
Read MoreAlibaba Is Betting Another $10 Billion On AI. Investors Aren’t Sold Yet And Its Stock Fell.
Alibaba shares fell sharply in Hong Kong on Monday after the company priced a HK$80 billion ($10.2 billion) share placement to fund artificial intelligence spending, putting pressure on the stock as investors weighed the dilution from 710 million new shares. The new shares were priced at HK$112.70 each, an 8.4% discount to Friday’s closing price,…
Read MoreNvidia Could Double Down on Perplexity. AI Startup Seeks $30 Billion-Plus Valuation.
Nvidia is reportedly considering another investment in Perplexity, a deal that could push the artificial intelligence startup’s valuation above $30 billion as its revenue surges and competition intensifies across the AI search market. The chipmaker is in discussions to participate in a new equity funding round for Perplexity, according to The Information, which cited people…
Read MoreA Top Goldman Sachs Official Is Warning That Too Much AI Could Actually Harm Bankers’ Skills
A top Goldman Sachs official warned that AI could impact bankers’ reasoning skills if they rely too much on it to do their work. Chris Churchman, who leads the bank’s digital platform for institutional clients, told CNBC that such a scenario poses a “huge danger” as “we outsource our reasoning to these models, and we…
Read MoreU.S.-Canada Trade Talks Have Collapsed. Washington’s Trade Representative Says Ottawa Is To Blame.
U.S. Trade Representative Jamieson Greer said Canada is to blame for the collapse of trade negotiations with Washington. Speaking to CNBC, Greer said talks had progressed to a point “where we had enough agreement among the parties to announce” that a deal could be announced. “Then we set about to finalize it, and then in…
Read MoreTech Giants Dominated The S&P 500 For Years. Now The Other 493 Stocks Are Catching Up.
The biggest technology companies are no longer doing all the heavy lifting in the U.S. stock market as a broader rally is helping equal-weight S&P 500 strategies outperform the traditional index in 2026. The Invesco S&P 500 Equal Weight ETF, known by its ticker RSP, has attracted more than $12 billion this year and pushed…
Read MoreZelenskyy Predicts a Russian Draft Is Coming. He Says Moscow Will Mobilize Hundreds Of Thousands Of Troops.
Ukraine fears Russia will attempt to mobilize as many as 300,000 more troops later this year. CNN reported that Ukrainian President Volodymyr Zelenskyy said on Sunday Moscow had suffered massive casualties this year and will now use mobilization to replace killed and wounded Russian soldiers. “Russia has lost 267,000 personnel since the start of the…
Read MoreTrump Wants Communities To Welcome Data Centers. But Even Close Allies Are Saying No.
President Donald Trump is urging communities to embrace the rapid expansion of data centers across the U.S., but growing public opposition is turning the infrastructure needed to power artificial intelligence into an increasingly contentious political issue. Trump defended data centers in an interview with his former lawyer Michael Cohen that aired Sunday, arguing that the…
Read MoreU.S. And Canada Escalate Their Trade War. Trump Announces Hike To Auto Tariffs.
Trade tensions between the U.S. and Canada are escalating further after talks between the countries fell apart and President Donald Trump announced new tariffs on Canadian goods. CNBC noted that the Canadian dollar fell on news of the impasse. Tariffs will be applied to about $20 billion worth of goods including dairy, wine, wood products,…
Read MoreTrump Is Getting Sued Over Early Access To His Social Media Posts. Trump Media CEO Says More Are Paying.
The interim CEO of Trump Media defended the company’s decision to sell early access to Truth Social posts, saying more customers have signed up. “We’re getting into the mid-teens now, and we’re climbing,” Kevin McGurn told CNBC on Monday about the $100,000-a-month Truth API service. He had said two weeks ago that “more than 10”…
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