Posts by Amelia Frost
Dieself Prices Are Close To Reaching $6 a Gallon. The Energy Department Raised Its Price Outlook For Next Year.
The Energy Information Administration outlook raised its forecast for next year’s diesel prices as the war in Iran and the disruption to global energy markets continue driving prices higher. Concretely, the Energy Information Administration raised the forecast by more than 8% compared to the previous estimate. It now expects retail diesel prices to average $4.40…
Read MoreNATO Countries Reportedly Caught Russian Submarines Training To Disable Undersea Cables
A joint operation from NATO countries confronted Russian submarines training to deploy a secret weapon to disable undersea cables, according to a new report. Reuters detailed that the operation, which involved the U.S., Norway and Great Britain and took place in the Arctic, confronted the Russian vessels and prevented them from completing the exercise. The…
Read MoreAI Could Make The Economy Far Richer. Anthropic Says. But Knowledge Workers Could Take a Hit.
Artificial intelligence could sharply accelerate U.S. economic growth while at the same time leaving many knowledge workers with lower wages or without jobs if the technology becomes capable enough to automate most cognitive work, a new economic model shows. Researchers at the Anthropic Institute modeled three scenarios for the U.S. economy through 2030, ranging from…
Read MoreTrump Wants To Send Americans $5,000 If Republicans Win The Midterms. Questions About The Deficit Arise.
President Donald Trump promised a $5,000 payment to every adult U.S. citizen if Republicans retain control of both chambers of Congress in November, putting a potential $1.2 trillion cash payout at the center of his party’s midterm pitch. “If the Republicans win, you win with us, and you get $5,000,” Trump told the Republican midterm…
Read MoreConcerns About The Dangers Of AI Are Growing. Now The Senate Is Investigating OpenAI.
A Senate subcommittee is investigating OpenAI’s handling of the hacking of Hugging Face in July as concerns about the potential dangers posed by AI continue to grow. Senator Josh Hawley, the chairman of the Senate’s Subcommittee on Disaster Management, sent a letter to OpenAI CEO Sam Altman in which he describes “growing allegations of the…
Read More5 Essential Tools Every Trading Platform Should Offer
Access to global markets is only part of what makes a trading platform useful. The tools built into that platform shape how well a trader can read price action and control risk under real conditions. When those tools are missing or incomplete, the workaround is usually a patchwork of external software and browser tabs, which…
Read MoreTop Trump Advisers Reportedly Discussed Chances Of a Prolonged War In Iran. Oil Is Soaring Further.
Oil prices soared on Thursdays as the U.S. and Iran keep trading strikes in the Strait of Hormuz and a report detailed that President Donald Trump and advisors reportedly discussed the war dragging on past the end of his term. Brent crude, the international benchmark, gained 3.90% and stood at $105.16 per barrel at 8:53…
Read MoreA New Report Shows a Flurry Of Activity At a Suspected Iranian Nuclear Site. Trump Issued a Stark Warning.
President Donald Trump warned Iran not to “get cute” after reports of a flurry of activity in a suspected nuclear site buried deep underground. “We notice there’s a little activity at Pickaxe. I would advise Iran not to get cute because we will have to hit them very hard,” Trump said at the midterm Republican…
Read MoreRussia Is Targeting the Supply Chains That Feed Kyiv. Food Prices Could Be the Next Casualty.
Food is becoming harder to find on supermarket shelves in Kyiv as a new wave of Russian strikes targets the warehouses and logistics networks that keep Ukrainian cities supplied, raising fears that the war’s latest phase could increasingly hit civilians through their grocery bills. According to a Guardian report, Russian attacks have damaged or destroyed…
Read MoreColombia’s New President Is Following The Trump Playbook On Immigration
Colombia President Abelardo de la Espriella is the latest Latin American leader to mirror the hardline rhetoric of United States President Donald Trump, but experts say his plan to deport thousands of immigrants may not be feasible. Weeks after taking power, de la Espriella announced that his government would begin to carry out operations aimed…
Read MoreChina’s EV Boom Is Losing Steam. Carmakers Are Now Pouring Money Into Humanoid Robots.
Chinese electric-vehicle makers are expanding into humanoid robots as intense competition and weaker profitability put pressure on their car businesses, with companies including XPeng, Xiaomi and Geely looking for new uses for technology developed for intelligent vehicles. Automakers in the country accounted for more than half of the nearly 20 car companies worldwide that had…
Read MoreApple Unveils Its First Foldable iPhone. Its Stock Remained Largely Flat.
Apple‘s September 9 “Surprise and Shine” event was headlined by the iPhone Duo, the first foldable iPhone, something the company had resisted for years, alongside other new products like the iPhone 18. The event also put artificial intelligence at the center of Apple’s next generation of devices, with the new Siri AI and Apple Intelligence…
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