Posts by Amelia Frost
Energy Secretary Says Traffic Through Strait Of Hormuz Is Rising ‘Very Meaningfully’ Despite Lack Of Deal
Energy Secretary Chris Wright said traffic through the Strait of Hormuz is rising “very meaningfully” despite the lack of an agreement with Iran. Speaking at the Atlantic Council conference, he said figures are compared to traffic from one or two weeks ago. However, he noted that it would still take several months to get back…
Read MoreTrump Approval Remains Near Record Lows At 35%, New Poll Shows
President Donald Trump’s approval rate remains near record lows at 35%, according to a new poll. The survey, conducted by Reuters in mid-May, noted that the figure is just above the president’s lowest rate for the term, 34%, and one percentage point more over the lowest percentage on record, 33% on his first term. Elsewhere…
Read MoreOil Drops After Iran Says Deal With Iran Could Happen In ‘Two Or Three Days’
Oil prices are falling on Tuesday after President Donald Trump said a deal to end the war in Iran could happen in “two or three days.” Brent crude, the international benchmark, dropped 2.13% and clocked in at $92.24 a barrel at 9:15 a.m. ET. West Texas Intermediate, the U.S. benchmark, did so by 2.60% and…
Read MoreL. Duane Jackson on Systemic Constraints in Affordable Housing and the Search for Scalable Progress
L. Duane Jackson, Managing Member of Alinea Capital Partners, LLC, has spent decades examining the structural pressures influencing affordable housing across American communities. Through architecture, development, and long-term civic involvement, he has observed how constrained housing systems contribute to instability for families, workers, and entire neighborhoods, prompting his continued focus on solutions capable of expanding…
Read MoreAI Chip Rally Leaves Asia’s Fund Managers Struggling To Keep Pace
The powerful rally in semiconductor stocks across Taiwan and South Korea has transformed Asia’s equity markets, concentrating an unprecedented share of benchmark indexes in just a handful of companies and creating new challenges for fund managers seeking to outperform. The surge has unfolded as governments and investors increasingly focus on semiconductor supply chains amid ongoing…
Read MoreFederal Judge Blocks Trump’s $100,000 H-1B Visa Fee, Calling It an Unlawful Tax
A federal judge has struck down one of the Trump administration’s most controversial immigration policies, ruling that President Donald Trump’s $100,000 fee on new H-1B visa applications was unlawful because it amounted to a tax imposed without congressional approval. In a 42-page decision issued Monday, U.S. District Judge Leo Sorokin of the District of Massachusetts…
Read MoreGoldman Sachs Sees Fed Holding Rates Until 2027 After Strong Jobs Report
Goldman Sachs has pushed its forecast for the Federal Reserve’s next interest rate cuts into 2027, a move that shows how a stronger-than-expected U.S. labor market is reshaping Wall Street’s view of the economy and monetary policy. The bank now expects the Fed to deliver two rate cuts in June and December 2027, instead of…
Read MoreStocks Close Higher As Chipmakers Rebound; Israel And Iran Avoid Major Escalation
Stocks closed higher on Monday after chipmakers rebounded following a rout on Friday and Iran and Israel avoided a major escalation. The S&P 500 gained 0.30%, while the tech-heavy Nasdaq Composite did so 0.86%. The Dow Jones Industrial Average, in turn, dropped 0.16%. CNBC noted that Micron Technology surged 10% after plunging 13% on Friday.…
Read MoreOne Platform, Every Happening: How Eventbuz Wants to Redefine Discovery in the Events Economy
Travelers seeking new environments and experiences shouldn’t have to juggle fragmented and outdated platforms just to discover local events. That is the single premise on which Eventbuz was built. Founded by Imad Fadel, the company operates as an all-in-one event software, ticketing, and digital marketing ecosystem designed to connect users, organizers, venues, places, and suppliers…
Read MorePoll Finds Americans’ Pride In Their Country Is Decreasing As 250th Celebration Approaches
Most respondents to a poll said they no longer believed in the American dream. CharlesRondeau/Pixabay A new poll found that most Americans no longer believe in the American dream. The Associated Press-NORC poll gauged how Americans feel about their country as the nation’s 250th anniversary approaches. The poll defined the American dream as the notion…
Read MoreUkraine Says It Recaptured More Than 600 Square Kilometers From Russia in 2026
Ukraine’s top military commander said on Monday that the country’s forces have recaptured more than 600 square kilometers of territory from Russian troops so far in 2026, a claim that would mark one of Kyiv’s clearest signs of battlefield momentum after years of grinding Russian advances. Gen. Oleksandr Syrskyi, commander in chief of Ukraine’s armed…
Read MoreTraders Predict That the Strait of Hormuz Will Not Go Back to Normal Until the End of the Year
Traders on prediction market platform Kalshi are increasingly betting that the Strait of Hormuz, one of the world’s most critical energy chokepoints, will remain far from normal operating conditions in the coming weeks, despite diplomatic efforts and periodic signs of progress in the Middle East. As of Monday, Kalshi’s market tracking indicated that traffic through…
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