Posts by Amelia Frost
House To Vote On Data Center Energy Use Bill. Critics Say It Won’t Protect Residents Anyway.
The House is expected to vote this week on a bill that would seek to protect people from potentially high energy costs driven by AI data centers. The Ratepayer Protection Act has been introduced in the House and has bipartisan support. The bill would “amend the Public Utility Regulatory Policies Act of 1978 to establish…
Read MoreMost Americans Worry AI Could Destroy Humanity. Two Thirds Rate The Possibility As ‘Moderate.’
Most Americans believe AI could destroy humanity in the future, according to a new poll. A Politico poll found that two-thirds of Americans rate AI’s potential to destroy humanity as “moderate.” The poll comes after Anthropic CEO Dario Amodei said that the potential risks of AI are real and should inform the pace of its…
Read MoreTrump’s Pollster Warns GOP Against ‘Unqualified Support’ for AI Data Centers As Opposition Remains High
President Donald Trump‘s longtime pollster Tony Fabrizio is advising Republican candidates to change how they talk about artificial intelligence data centers, warning that “unconditional support” for rapid expansion could create political challenges as voters raise concerns about electricity costs, water use and the impact on local communities. In a two-page messaging memo obtained by Axios,…
Read MoreKevin Warsh Struck a Hawkish Tone As The Fed Hiked Rates. Stocks Reversed Gains And Fell.
The FOMC said in its statement that “inflation remains elevated” and the decision “will support a timelier return to the Committee’s 2 percent goal.” Most officials also projected another rate hike by the end of the year. Stocks reversed gains and plunged on Wednesday after the Federal Reserve hiked interest rates and chair Kevin Warsh…
Read MoreMicrosoft AI Chief Calls Out Anthropic Over Its Approach To Ai. He Claims Its Dangerous.
Microsoft AI chief Mustafa Suleyman has raised concerns about Anthropic’s approach to artificial intelligence consciousness research, arguing that training models on concepts related to consciousness and welfare could create new challenges in controlling future advanced systems. Suleyman, who leads Microsoft’s artificial intelligence efforts, said he agrees with Anthropic’s broader mission of developing safer AI systems…
Read MorePamela Lynch Is Building the Businesses Behind a More Sustainable Future
For Pamela Lynch, sustainability has never been separate from business performance. It is not simply a corporate commitment, an environmental target, or something added to an annual report. It is a business challenge requiring the same discipline as any other: strong leadership, commercial viability, operational excellence, and the ability to scale. Throughout her career, Lynch…
Read MoreWarsh Strikes Hawkish Tone After Delivering Rate Hike: ‘Readings Do Not Tell Me Underlying Trends Have Meaningfully Improved’
Federal Reserve chairman Kevin Warsh struck a hawkish tone on Wednesday after the central bank delivered a widely expected interest rate hike, saying inflation has been “too high” for “too long.” Speaking to press after the decision, Warsh said that the Federal Open Market Commitee’s “predominant focus is on the price stability side of our…
Read MoreFed Delivers Widely Expected Rate Hike As Inflationary Pressures Remain High. The Decision Was Unanimous.
The Federal Reserve hiked interest rates to the 3.75%-4% range on Wednesday, in line with market expectations. The decision was unanimous and represents the first increase in three years. In its statement, the Federal Open Market Committee noted that “inflation remains elevated” and the decision “will support a timelier return to the Committee’s 2 percent…
Read MoreSelena Gomez Has Finally Convinced Me That Leggings Can Look Polished
The millennials are truly winning celebrity street style this week. First Dakota Johnson revives the 2010s hipster uniform of ankle boots, a flannel, and slender jeans at the US Open. And now Selena Gomez is declaring that leggings are pants for fall 2026. We really should have seen this coming. After all, capri leggings became…
Read MoreOil Is Still Above $100 And Treasury Yields Have Surged. Investors Still Aren’t Giving Up On Stocks.
Oil continues to be above $100 a barrel and U.S. Treasury yields have climbed to levels not seen since before the global financial crisis, but large investors are still maintaining substantial exposure to stocks as expectations for corporate earnings and artificial intelligence spending remain strong. Brent crude futures were trading around $105.12 a barrel Wednesday…
Read MoreA Top Performing Wealth Fund Is Warning The U.S. Stock Market Could Face a Pullback: ‘Some Reversion’
The investment team behind one of the world’s best-performing sovereign wealth funds is warning that the extraordinary returns delivered by U.S. stocks in recent years may not continue at the same pace, noting that markets could face a period of correction. Jo Townsend, chief executive officer of the Guardians of New Zealand Superannuation, which manages…
Read MorePeter Cunningham Says AI Is Improving Wealth Management
Artificial intelligence is transforming how ordinary investors interact with Wall Street, but veteran wealth manager Peter Cunningham doesn’t believe it is making experienced financial professionals obsolete. If anything, he believes it’s making conversations with clients better. Cunningham, a wealth manager at Siebert Financial, has spent more than 35 years on Wall Street after entering the…
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