Posts by Amelia Frost
The Dow Jones Closed Out Its Best First Half In Five Years. Here’s What Analysts Say Could Come Next.
Stocks climbed again on Tuesday, closing out a positive first half of the year for all major indexes. The Dow Jones Industrial Average gained 0.26%, closing out its best first half of the year since 2021 after increasing by 8%. The S&P 500 climbed 0.79%, also gaining 8% this semester, and the tech-heavy Nasdaq Composite…
Read MoreBirth on American Soil Has Almost Always Guaranteed Citizenship. The Supreme Court Just Rejected Trump’s Effort To Change That.
The U.S. Supreme Court on Tuesday ruled that the Constitution guarantees birthright citizenship for nearly all children born on American soil, rejecting the Trump administration’s effort to narrow the scope of the 14th Amendment. In a 6-3 decision, the justices struck down Trump’s executive order seeking to deny automatic U.S. citizenship to children born in…
Read MoreThe AI Boom Is Helping Power The U.S. Economy. But Cleveland’s Fed President Says It Could Also Fuel Inflation.
Cleveland Fed President Beth Hammack said that “insatiable” demand of AI infrastructure is fueling inflation. Should that scenario continue, and other factors putting pressure on prices don’t let up, policymakers could raise interest rates, she told CNBC. “We’ve got inflation that’s too high, and it’s been too high for the past five years,” Hammack said.…
Read MoreWashington Said The SAVE Act Was Clarity For Crypto. The Market Is Reading It As Uncertainty Instead.
Digital asset markets are navigating renewed policy uncertainty in Washington as lawmakers work through competing versions of a key crypto market structure bill that would determine how major tokens are regulated across the United States. The debate focuses on the Clarity Act, legislation designed to define whether digital assets fall under securities rules or commodities…
Read MoreAnne Hathaway Proves the Balloon Pants Trend Is More Wearable Than You Think
Anne Hathaway is having one busy summer. Not only is she in seemingly every movie (The Devil Wears Prada 2, The Odyssey, End of Oak Street), she’s also pregnant with her third child. And with all these press tours and public events on her loaded schedule, the actor has been deftly taking the trends of…
Read MorePolitical Parties’ Spending In Elections Faced Limits For Decades. The Supreme Court Has Just Removed The Cap.
The U.S. Supreme Court on Tuesday struck down longstanding federal limits on how much political parties can spend in coordination with their candidates for Congress and the presidency. For more than five decades, federal law capped the amount national political parties could spend in coordination with candidates. Depending on the office and state, those limits…
Read MoreThomas To on How AI-Enabled Biology is Advancing Drug Discovery and Scientific Innovation
Thomas To, a full-stack AI engineer, believes some of AI’s most meaningful developments are emerging within drug discovery. While public conversations may often focus on chatbots and workplace automation, To sees specialized AI systems trained on scientific data as an important area where technology and biology can work together to support researchers exploring new therapies.…
Read MoreDoug Werby: A Multidisciplinary Creative Exploring New Frontiers Through Technology and Storytelling
For Doug Werby, creative work has always been driven by anticipation of the next evolution. Across more than three decades as a director, editor, producer, and multidisciplinary creative, he has embraced major technological shifts with the same curiosity that first drew him into filmmaking. That mindset now extends to artificial intelligence, which he regards as…
Read MoreWall Street’s AI Boom Has Powered Stocks For Years. Now Investors Want Proof Before Pouring More Money.
The US stock market enters the second half of 2026 after a strong first six months, with investors now turning their attention from the rapid pace of artificial intelligence investment to whether companies can translate those billions of dollars into earnings growth. The benchmark S&P 500 has risen more than 8% this year, while the…
Read MoreThe AI Boom Has Sent Major Stock Indexes Soaring. But The Magnificent Tell a Different Story.
Roughly $2.3 trillion has been erased from the combined market value of the so-called Magnificent Seven technology companies in June as investors reassess the scale and timing of returns from artificial intelligence investments across the sector. The group, comprised by Microsoft, Nvidia, Apple, Alphabet, Amazon, Meta and Tesla, has been under pressure as markets react…
Read MoreEstablishment Democrats Have Suffered Heavy Blows In Recent Primaries. They Fear It Could Happen Again In Colorado.
In Colorado, veteran Rep. Diana DeGette is fighting to hold off progressive challenger Melat Kiros in a race that has become part of a wider trend of a growing divide in the Democratic Party between its establishment and more left-wing factions. The primary is drawing attention far beyond Colorado after a series of upset victories…
Read MoreBIS Warns that The Ongoing AI Boom Echoes Painful Historical Investment Busts
The artificial intelligence boom is fueling one of the largest investment waves in modern history, but a new report is warning that history suggests the boom could come with painful consequences before the promised economic rewards materialize. In its latest annual report, the Bank for International Settlements (BIS) cautioned that the extraordinary spending on AI…
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