Posts by Amelia Frost
U.S. Existing Home Sales Hit 2026 High Despite Elevated Mortgage Rates
The U.S. housing market delivered an unexpected burst of momentum in May, with existing home sales rising to their fastest pace of the year despite mortgage rates remaining high and record home prices. Sales of previously owned homes climbed 3.2% from April to a seasonally adjusted annual rate of 4.17 million units, according to data…
Read MoreTrump Family Reportedly Earned Hundreds Of Millions From Crypto Deal As Partner Firm’s Stock Tumbles
A cryptocurrency transaction involving a company tied to President Donald Trump’s family has drawn renewed scrutiny after the public firm at the center of the deal lost most of its market value and warned investors about its ability to continue operating. AI Financial Corp., formerly known as Alt5 Sigma, is facing possible removal from the…
Read MoreThese are the Only Tweezers I Rely On to Keep My Brows in Check
Frequently asked questions What type of tweezers are best? According to the experts we spoke with, high-quality slanted tweezers are the gold standard for the average person. “Pointed tweezers can be excellent for things like ingrown hairs or very fine hairs, but they require a steadier hand and are generally better suited to experienced users,”…
Read MoreMeta Bets $115 Million on America’s Skilled Trades Shortage as AI Data Center Boom Accelerates
Meta announced a $115 million initiative aimed at training thousands of Americans for skilled trade careers tied to the rapid expansion of AI data centers. The program, called America’s Workforce Academy, comes as the company races to build the massive facilities required to power its next generation of artificial intelligence products. The effort reflects a…
Read MoreTech Stocks Are Losing The Traits That Powered The Market Rally, Analyst Warns
Technology stocks that have led Wall Street’s rally since 2023 are beginning to lose some of the characteristics that made them market leaders, according to CNBC’s Jim Cramer. The analyst pointed to a growing wave of stock offerings and rising capital requirements across the artificial intelligence sector. Speaking on CNBC’s “Mad Money,” Cramer said the…
Read MorePalantir CEO Says Businesses Are ‘Unhappy’ With Frontier AI Labs
Palantir CEO Alex Karp says a growing number of businesses are becoming increasingly dissatisfied with the world’s leading artificial intelligence developers. Andrew Caballero-Reynolds/AFP via Getty Images Palantir CEO Alex Karp said a growing number of businesses are becoming increasingly dissatisfied with the world’s leading artificial intelligence developers, arguing that many companies are moving beyond flashy…
Read MoreRobotics Company Developing Cognitive Robots Secures Up to $1.4 Billion From Top Companies
German robotics startup Neura Robotics has secured up to $1.4 billion in fresh funding from a group of high-profile investors that includes Nvidia, Amazon, Qualcomm, Bosch, Schaeffler, and crypto giant Tether, marking one of the largest funding rounds ever completed by a European artificial intelligence company. The financing values the company at roughly $7 billion…
Read MoreBill Gates Says He ‘Should Have Never Met’ Jeffrey Epstein In New Congressional Grilling
Microsoft co-founder Bill Gates told a House committee that he “should have never met” Jeffrey Epstein as he faced a new grilling in Congress. In his opening statement before the House Oversight and Government Reform Committee, Gates claimed that “based on what I know now, I understand that even if he had delivered the new…
Read MoreBecerra, Hilton, To Square Off In California Governor’s Race
Democrat Xavier Becerra was the top vote getter in the California gubernatorial primary. GETTY IMAGES NORTH AMERICA / Kevin Dietsch Democrat Xavier Becerra was the top vote getter in California’s gubernatorial primary. With 91 percent of the vote counted, Becerra sits in first place with 27.9 percent of the vote, while Republican Steve Hilton finished…
Read MoreInflation Accelerates To Highest Rate In Three Years
Inflation accelerated in May to its highest rate in three years, clocking in at 4.2%, the Bureau of Labor Statistics reported on Wednesday. It was the first time since April 2023 that inflation climbed above 4%, CNBC noted. The monthly figure rose by a seasonally adjusted 0.5%. Both figures were in line with expectations. The…
Read MoreTrump Says Iran Has ‘Taken Too Long To Negotiate a Deal’ And Will Now ‘Have To Pay The Price’
President Donald Trump anticipated an escalation against Iran after saying the country “has taken too long to negotiate a deal that would have been great for them” and will now “have to pay the price.” Trump made the claim in a social media post in which he also said Tehran’s military is a “complete and…
Read MoreWhen Strategy Meets Judgment: How Gayatri Kannan Helps Companies Decide What Actually Matters
In an era when companies are awash with data, dashboards, and forecasts, one of the most difficult leadership challenges remains unchanged: deciding what to prioritize when resources are finite and uncertainty is constant. Gayatri Kannan has built her career around that problem. Over more than a decade across global investment banking, development finance, and high-growth…
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