Posts by Amelia Frost
China’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…
Read MoreOil Prices And Yields Climbed Again On Wednesday. Stocks Dropped.
Stocks fell again on Wednesday as oil prices and bond yields kept climbing, creating uncertainty among investors about the direction of global markets. The S&P 500 fell 0.48%, while the Dow Jones Industrial Average did so 0.77% and the tech-heavy Nasdaq Composite 0.64%. Oil prices topped $100 as well as the U.S. and Iran kept…
Read MoreTrump Gave Natalie Harp and Other Aides $45,000 Each As Gifts. White House Denies Any Ethics Violation.
President Donald Trump gave three of his closest White House aides $45,000 each in holiday cash gifts, according to financial disclosures released by the administration, prompting questions from government ethics experts about whether the payments comply with federal law. The gifts, first reported by The Washington Post, went to executive assistants Natalie Harp and Chamberlain…
Read MoreTrump Says Gas Prices Won’t Come Down Until After The Midterms: ‘Going To Take a Little Bit Longer’
President Donald Trump said on Wednesday that elevated gas prices won’t come down until after the midterms. Speaking to press before heading to Dallas for the midterm Republican convention, Trump said he believes Iran will capitulate before the end of the year. “I think the war’s going to end immediately after the election because they…
Read MoreInde Navarrette’s Unexpected Ugg Boot Outfit Is the Perfect Way to Ease Into Fall Style
It turns out Inde Navarrette’s effortlessly cool summer style easily transitions to fall. On September 8 the Obsession star made a strong case for omitting jorts from your annual wardrobe swap by stepping out in a cozy fall look that slots into my personal favorite category of dress: laundry-day chic. Instead of running out of…
Read MoreU.S. Escalates Trade War With Canada. It Is Banning Motorcycles And Other Products.
The White House announced a ban on several Canadian goods as the trade war between the countries continues to escalate. President Donald Trump signed an executive order on Tuesday to ban different products, including several alcoholic beverages like malt beer, wines, cider, whiskies and vodka. Large-capacity motorcycles and mopeds are also included in the measure,…
Read MoreThe Internet Is Going Live. Trust and Safety Has to Catch Up
Going live is no longer a novelty. On Tango, roughly 176,000 livestreams go out every day, while livestreaming, social commerce, gaming and other interactive environments are moving more of our digital lives from posting to participating. When the internet operates in real time, trust and safety has to operate in real time too. The real…
Read MoreGermany Wants To End Bitcoin’s Tax-Free Perk. Long-Term Holders Could Soon Face A 26% Tax.
Germany is preparing to end a major tax advantage for cryptocurrency investors, with a Finance Ministry proposal that would make gains on newly purchased Bitcoin and other digital assets taxable even when they are held for more than a year. Under the proposal, crypto acquired after Dec. 31, 2026, would fall under Germany’s flat tax…
Read MoreUkraine’s Fortress Belt Is Under Growing Threat. Russia’s Slow Advance Puts Kramatorsk on Edge.
Ukraine‘s eastern defenses are coming under renewed pressure as Russian forces inch toward Kramatorsk, threatening a chain of fortified cities that has helped prevent Moscow from advancing deeper into the country. The gains remain slow and costly, but the shift has eroded the optimism that followed Ukraine’s territorial advances earlier this year and raised new…
Read MoreIran Resorts To Raising Gas Prices As U.S. Turns Up Economic Pressure
Iran is raising gas prices for its heaviest users as the country continues to grapple with economic uncertainty caused by the ongoing war. The Associated Press reported that Iran was hiking gas prices for the second time since December. People who buy 110 liters (29 gallons) of gas a month will now pay 100,000 rials,…
Read MoreUN Watchdog Says Iran Is Not Cooperating With Investigation Into Uranium Traces At Undeclared Sites. It’s Reporting It.
The International Atomic Energy Agency, the UN’s nuclear watchdog, reported Iran to the UN Security Council for the first time in decades over failure to cooperate with a long-running investigation about uranium traces found in undeclared sites, according to a new report. The Associated Press noted that 23 countries in the watchdog’s 35-member board voted…
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