Posts by Amelia Frost
As Prices Rise, Americans Increasingly Turn To Credit To Buy Food
Americans are increasingly struggling to pay for groceries, with many households resorting to credit cards or savings to buy food, a new report found. The report by the Urban Institute found that about 63 percent of working-age adults have used a credit card to buy food. Of those, 19.6 percent did not pay the full…
Read MoreOnce Partners, Elon Musk And Sam Altman Now Openly Spar On Social Media With Insults And Insinuations
Tech titans Elon Musk and Sam Altman engaged in a public clash on social media, highlighting ongoing tension between them. Musk repeatedly insulted Altman’s integrity, saying he was involved in “scamming,” while Altman pushed back by questioning the viability of some of Musk’s current projects. Musk was initially involved with Altman’s OpenAI and helped him…
Read MoreTech Executives Say AI Demand Remains Strong as Businesses Shift. ‘Tokenmaxxing’ Has Given Way To ‘Valuemaxxing’
Demand for artificial intelligence infrastructure remains far stronger than available supply, according to technology executives, even as companies become more disciplined about how they spend on AI. The comments come as investors debate whether recent volatility in semiconductor stocks signals that the AI boom is beginning to cool. Industry leaders interviewed by CNBC argued the…
Read MoreThe U.S. Is Seeking To Prevent Iran From Charging Tolls In The Hormuz Strait. Now Trump Says The U.S. Will Do it
President Donald Trump said that the U.S. will collect revenue from protecting ships passing through the Strait of Hormuz. Speaking to Fox News’ Fox and Friends, the president criticized Tehran, accusing it of breaking agreements between the countries to cease hostilities. “We had a deal. it was a done deal. and then they broke it.…
Read MoreThe Stock Market Keeps Climbing. But the U.S. Economy is Moving at a Slower Pace
The U.S. stock market continues to post strong gains in 2026 even as the broader economy expands at a far more modest pace, highlighting a growing disconnect that economists say is being driven largely by the artificial intelligence boom. The contrast has left many Americans wondering why Wall Street appears to be thriving while economic…
Read MoreMajor Tech Companies Are Betting on Agentic AI. Kraken is Rebuilding Its App Around It.
Kraken is the latest tech company to place its bets on agentic artificial intelligence. The cryptocurrency exchange company announced that it plans to restructure its entire flagship app around agentic AI. The new platform, which Kraken shared exclusively with CNBC on Friday, is designed to give users access to AI agents capable of continuously monitoring…
Read MoreTrump Released His 2025 Financial Disclosure. Now Democrats Want An Investigation Into His Crypto Holdings
A group of five senior Senate Democrats is renewing the push for congressional hearings into President Donald Trump‘s cryptocurrency business interests, arguing that newly released financial disclosures raise fresh questions about potential national security risks and the role of foreign investors in the Trump family’s expanding digital asset ventures. In a letter sent to Republican…
Read MoreTraffic Through The Hormuz Strait Is Decreasing Again. Oil Prices Are Climbing As a Result
Oil keeps rising on Monday as tensions continue to flare up between the U.S. and Iran in the Strait of Hormuz and traffic through the key waterway slows. Brent crude, the international benchmark, climbed 3.63% and clocked in at $78.77 a barrel at 08:29 a.m. ET, while the West Texas Intermediate, the U.S. benchmark, did…
Read MoreWealth Inequality Gaps Are Narrowing. Now the K-Shaped Economy is Losing Its Shape, New Data Shows
New data suggests the long-standing gap between lower-income and higher-income workers is narrowing in key areas, even if the broader wealth divide remains firmly in place, impacting the “k-shape” recovery of the economy as of late. For years, economists have described the U.S. recovery as “K-shaped,” meaning higher-income households benefited disproportionately from rising asset values,…
Read MoreLily Collins Wore the All-White Outfit We’ll All Want to Copy in Fall 2026
Lily Collins’ career has taken her to many places. For Emily in Paris alone, she’s spent several seasons in the French capital, as well as other locations like Rome, the South of France, and Greece, where she filmed the sixth and final season of the series. But away from the set, the actor also spends…
Read MoreRussian Missiles Target Kyiv Drone Factory Hours After Lindsey Graham’s Visit
A Ukrainian drone production facility in Kyiv was among several defence-industrial sites targeted in a large Russian missile and drone strike on the same day as US Senator Lindsey Graham toured SkyFall’s factory in the city and described it as ‘state-of-the-art’ and ‘far more advanced than anyone else on the planet’. The timing of the…
Read MoreHow Did Lindsey Graham Die? Cause of Death and Inside Senator’s Final Hours Before His Shocking Demise
Lindsey Graham died after suffering chest pain at his Washington home and going into cardiac arrest shortly after returning from a diplomatic visit to Ukraine, according to new reporting that has filled in the circumstances surrounding the South Carolina senator’s final hours. He was 71. Graham’s office initially announced on Saturday that he had died…
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