Posts by Amelia Frost
Katy Perry and Justin Trudeau’s Luxury Trips Are Funded by Canadian Taxpayers, New Report Suggests
Canadian taxpayers could be paying for Justin Trudeau‘s security as he jets to luxury destinations with pop star Katy Perry, according to a new report from Québec that has reignited scrutiny of the former prime minister’s travel and protection costs. The coverage alleges that Royal Canadian Mounted Police officers have been accompanying Trudeau on recent…
Read MoreUS, Canada Tariff Row Escalates. The Political Fallout May Be Bigger Than Economic Impact.
The US imposed 50% tariffs on $20 billion worth of Canadian products, forcing the latter to announce retaliatory steps, the Associated Press reported. The moves came after last-ditch negotiations failed to resolve the latest strain in the tense bilateral relationship between long-time allies, according to the AP report. US President Donald Trump‘s import taxes are…
Read MoreApple’s AI Pivot Leads to 200+ Job Cuts: Siri and Vision Pro Teams Hit by Restructuring
Apple is the latest big tech firm to join the layoff spree affecting the industry. The Cupertino-based tech titan cut more than 200 employees from its Siri voice assistant, Vision Pro spatial computing headset, and broader artificial intelligence teams, Bloomberg’s Mark Gurman reported. The reductions split roughly evenly: approximately 100 positions eliminated from the Vision…
Read MoreWhy Bitcoin Suddenly Exploded to $78K: The Treasury Just Blinked
Bitcoin is trading near $78,000 on August 21 after one of the most violent rallies of the year: up roughly 18% in 48 hours and 24% on the week, punching through $70,000 for the first time since late May and leaving the $58,000 capitulation lows looking like ancient history. Here’s the part that matters. The…
Read MoreMarkets Have Often Moved After Trump’s Social Media Posts. A Study Suggests That is Fading.
Traders increasingly seem skeptical of Trump’s social posts. President Donald Trump’s ability to move oil markets through his social media posts appears to be dwindling. Axios reported that it had conducted an analysis of the impact of Trump’s posts on the price of oil. Over time, it appears that the impact of what Trump says…
Read MoreCould GLP-1 Drugs Slow Aging? A New Trial Is Putting the Theory to the Test
Scientists are investigating whether the popular GLP-1 medications that are already reshaping the treatment of obesity and diabetes could have the potentially significant effect of slowing biological aging. Researchers are beginning clinical trials aimed at determining whether drugs such as tirzepatide and semaglutide can influence some of the biological processes associated with getting older, according…
Read MoreStocks Rebound After Sell-Off Driven By Rising Yields But End The Week In The Red
Stocks climbed on Friday, recovering from a sell-off driven by higher Treasury yields. However, major indexes ended the week in the red. Stocks climbed on Friday, recovering from a sell-off driven by higher Treasury yields. However, major indexes ended the week in the red. Both the S&P 500 and the tech-heavy Nasdaq Composite climbed 0.43%.…
Read MoreFormer SpaceX Engineers Are Reviving a Forgotten Nuclear Project. AI Data Centers Could Be the Customers.
A $400 million nuclear experiment that sat dormant for nearly a decade is getting an unexpected second life as former SpaceX engineers race to find enough electricity to power the data centers behind the artificial intelligence technology. According to a report from The Washington Post, nuclear startup Applied Atomics is working with BWXT to revive…
Read MoreNew York Just Beat San Francisco in Tech Talent Attraction. Wall Street and AI Are Fueling the Rise.
New York has overtaken the San Francisco Bay Area as North America’s largest market for tech talent for the first time, a shift fueled by artificial intelligence hiring and the growing demand for technology workers beyond the traditional tech industry. New York now has 394,300 tech talent jobs, surpassing the San Francisco Bay Area’s 375,730,…
Read MoreThe U.S. Debt Just Crossed $40 Trillion. Here’s Where Americans Could Feel It First.
The U.S. national debt has surpassed $40 trillion for the first time, and economists are warning that the consequences of Washington’s growing debt load could eventually show up in Americans’ mortgage payments, borrowing costs, taxes and federal benefits. The gross federal debt topped $40 trillion on Wednesday. That total includes money the federal government owes…
Read MoreConcerns Mount About The Global Food Supply. Farmers Face Rising Challenges Driven By Wars And Weather.
A Ukrainian grain shipment arrives in Ireland. Reuters Experts are worrying about the possibility that the ongoing war between Russia and Ukraine could hinder grain exports and eventually impact the global food supply. The problem has not arisen yet. CNBC noted that the two nations exported about 100 million metric tons of grain combined during…
Read MoreWoman Detained For Allegedly Planning To Bomb New York Capitol. She Had Sworn Allegiance To ISIS.
Federal authorities say a 35-year-old woman planned to blow up the New York State Capitol building in Albany in support of ISIS. Jessica Bowie was charged with attempting to provide material support to a terrorist organization. In messages with FBI sources, Bowie said she wanted to target “enemies of God.” Bowie, who converted to Islam…
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