Posts by Amelia Frost
Chances Of Fed Rate Hike Increase After Blockbuster Jobs Report
May’s positive jobs report could increase the chances of an interest rate hike this year by the Federal Reserve, according to market observers. CME’s FedWatch increased chances of a rate hike by the end of December at almost 70%, compared to 52% before the latest figures. The market still expects rates to remain steady at…
Read MoreHospitality Workers at SoFi Stadium Threaten Strike One Week Before World Cup
When organizers chose Los Angeles as a host city for the 2026 World Cup, they expected SoFi Stadium’s futuristic design to help showcase the tournament to the world. Instead, with just seven days until the United States opens its World Cup campaign against Paraguay at the venue, workers are threatening to strike over wages, job…
Read MoreConsumer Spending Holds Strong As Americans Draw Down Savings Amid Rising Costs
Americans continued to spend at a steady pace through the spring, helping support economic growth and hiring even as higher prices for fuel, groceries and other essentials placed increasing strain on household finances. Consumer spending, which accounts for roughly two-thirds of U.S. economic activity, rose 0.5% in April following a stronger gain in March. The…
Read MoreNasdaq Sees Sharpest Drop In More Than a Year Amid Selloff In Chip Stocks
Stocks plunged on Friday amid a broad selloff in chip stocks and rising Treasury yields that followed a stronger-than-expected jobs report. The Nasdaq Composite dropped more than 4%, its largest drop since April last year. The S&P 500 fell 2.64%, while the Dow Jones Industrial Average dropped 1.35%. Broadcom shares fell by more than 6%…
Read MoreBitcoin Plunges, Ethereum Hits Lowest Level Since April 2025 As Crypto Selloff Deepens
Bitcoin and Ethereum extended their sharp declines this week, capping one of the cryptocurrency market’s most difficult stretches in recent years as investors pulled billions of dollars from crypto investment products and reduced exposure to risk assets. Bitcoin fell roughly 15% during the first week of June, dropping below $63,000, while Ethereum slid to its…
Read MoreIran Agreeing To a Deal With U.S. Contingent On Unfreezing Of Funds, Top Official Says
A top Iranian official said a deal with the U.S. is contingent on the unfreezing of funds. “The negotiations are at a deadlock and President Donald Trump must break this deadlock,” Mohsen Rezaei, adviser to Ayatollah Mojtaba Khamenei, told CNN. He went on to say that if Trump “wants to reach an agreement with Iran,…
Read MoreTrump Admin Reportedly Discussing Government Stake In OpenAI
The Trump administration is discussing a government stake in OpenAI, according to a new report. CNBC noted that discussions have been going on for over a year, with OpenAI CEO Sam Altman first sharing the idea with President Donald Trump in 2025. The agreement could see the company donate equity to the government to seed…
Read MoreSean Baisden On How Mechanical Recycling Innovation Could Reshape The Future Of Wind Turbine Blade Sustainability In America
As renewable energy infrastructure expands globally, conversations around sustainability are increasingly extending beyond power generation itself and toward the long-term lifecycle of the equipment supporting it. Wind energy continues playing a growing role in energy transition strategies, yet industry researchers and manufacturers are also examining what happens when turbine components eventually reach the end of…
Read MoreHow Operational AI Is Turning Supply Chain Data Into Real-Time Decisions Across Manufacturing and Planning
For more than a decade, supply chain technology investments have focused heavily on visibility. Organizations have built dashboards, forecasting platforms, analytic environments, and reporting systems designed to provide greater awareness of operational performance. Yet according to Mike Romeri, founder of A2go, many of today’s supply chain challenges arise after the data has already been collected.…
Read MorePeptides, Ketamine, and the Truth About Mental Health
In a conversation with International Business Times’ Visionary Voices series, Nikita Tsimmer, co-founder of Fountain Health, and Dr. Doreen Zarfati, the company’s chief medical officer, argue that American mental health care is fundamentally broken because it treats the brain as if it’s floating in the skull, disconnected from everything else. Fountain Health runs over 100…
Read MoreHow Fiscal Profits Became a Strategic Growth Partner for Expanding Businesses
Fiscal Profits, founded by Marita Rosado, has built its name by helping growing businesses regain control of the operational responsibilities when their own momentum and pursuit of growth become their greatest challenge. Founded by Marita Rosado, the New York-based company provides accounting, payroll, HR, tax support, and back-office management services for small and medium-sized businesses…
Read Moreiterthink On The Emerging Need For Human Accountability In AI-Driven Document Workflows
Simon Dilhas, CEO and co-founder of abstract, believes the rapid adoption of AI agents across enterprise operations is bringing renewed attention to human accountability. In his view, long-term organizational value may come from maintaining visibility, responsibility, and traceability across AI-assisted work, particularly as documents increasingly influence critical decisions. Within that context, iterthink, one of abstract’s…
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