Posts by Amelia Frost
Can the Federal Reserve Look Past Trump’s Tariffs?
As President Trump’s efforts to restructure the global trade system with expansive tariffs begin to take shape, one question continues to dog officials at the Federal Reserve: How will these policies impact the central bank’s plans to lower interest rates? One influential Fed governor made clear on Monday that he did not expect Mr. Trump’s…
Read MoreThe New York Times Wins 3 Polk Awards
Journalists from The New York Times, The New Yorker and ProPublica were among the winners of the George Polk Awards, which were announced on Monday. Long Island University, the home of the awards, selected the winners from 493 submissions of work published in 2024, many of which focused on reports from wars and conflict zones…
Read MoreArgentina’s Milei Denies Role In ‘Cryptogate’ As Prosecutors Launch Probe
Argentine President Javier Milei on Monday denied promoting a cryptocurrency that crashed, losing investors billions of dollars and prompting a flood of complaints, as prosecutors reportedly prepare an investigation into the scandal. “I did not promote it, I spread it,” Milei told broadcaster TN, adding that it “is a problem between private parties because the…
Read MoreSouthwest Layoffs Will Be 15% of Its Work Force
Southwest Airlines on Monday announced plans to cut 15 percent of its work force, the first round of broad layoffs in the airline’s 53-year history. The company said it planned to cut about 1,750 jobs, with the cuts mostly focused on corporate positions. The layoffs will include 11 senior leaders with titles of vice president…
Read MoreAt Least Three People Suffer ‘Critical’ Injuries After Delta Plane Flips Over Landing At Toronto Airport
The plane X At least three people have suffered “critical” injuries after a Delta plane flipped over while landing at a Toronto airport, according to officials. One child and two adults were taken to local hospitals with serious injuries after the plane, which had departed from Minneapolis, flipped over at around 2:45 p.m. Monday while…
Read MoreWashington Post Cancels Ad From Groups Calling for Trump to Fire Musk
An advertisement that was set to run in some editions of The Washington Post on Tuesday calling for Elon Musk to be fired from his role in government was abruptly canceled, according to one of the advocacy groups that had ordered the ad. Common Cause said it was told by the newspaper on Friday that…
Read MoreDelta Plane Flips Upside Down In Toronto Crash, 15 Wounded
A Delta Air Lines jet with 80 people onboard crash landed Monday at the Toronto airport, officials said, flipping upside down and leaving at least 15 people injured but causing no fatalities. The Endeavor Air flight 4819 with 76 passengers and four crew was landing at around 3:30 pm in Canada’s biggest metropolis, having flown…
Read MoreTop Russia, US Officials To Meet In Saudi Arabia On Tuesday
Top US and Russian diplomats will meet in Saudi Arabia on Tuesday for talks on resetting the countries’ fractured relations and making a tentative start on trying to end the Ukraine war. Both sides played down the chances that the first high-level meeting between the countries since Moscow invaded Ukraine in 2022 would result in…
Read MoreJim Guy Tucker, Ex-Arkansas Governor Caught Up in Whitewater, Dies at 81
Jim Guy Tucker, a former governor of Arkansas who was caught up in the long-running investigation that unsuccessfully targeted his predecessor as governor, Bill Clinton, died on Thursday in Little Rock, Ark. He was 81. His death, at a hospital, was caused by complications of ulcerative colitis, said his daughter Anna Ashton. The Whitewater investigation,…
Read MoreOne Fix for Ailing Movie Theaters? Becoming Nonprofits.
Nicki Wilson was shocked when her local newspaper reported in March 2023 that the Triplex Theater, an independent four-screen movie house in Great Barrington, Mass., was shutting down after almost three decades in business. The Triplex, the only theater in town, was a much-loved fixture, attracting moviegoers from all around the Berkshires, even on winter…
Read MoreArgentine Prosecutors To Probe Milei Over ‘Cryptogate’
Argentine prosecutors will investigate President Javier Milei for promoting a cryptocurrency that crashed, losing investors billions of dollars and prompting a flood of complaints, local media reported Monday. The federal prosecutor’s office will examine whether Milei engaged in fraud or criminal association or was in breach of his duties when he praised the $LIBRA cryptocurrency…
Read MoreSenior White House Official Says Ukraine’s Zelensky is Being ‘Short-Sighted’ For Not Agreeing To Give U.S. Access To Rare Earths
Latin Times A senior White House official said that Ukrainian President Volodymyr Zelensky is being “short-sighted” for not agreeing to give the U.S. access to the country’s rare earths. The U.S. proposed Ukraine allow the U.S. use of its rare earth minerals as “compensation” for previous military aid as well as future aid, current and…
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