Posts by Amelia Frost
BIS 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…
Read MoreHSBC Warns Markets Are Ignoring the Biggest Risk Heading Into the Second Half of 2026
Investors celebrating record highs in U.S. stocks may be overlooking the possibility that consensus trades unwind violently if economic or geopolitical conditions change in the second half of 2026, HSBC warned. In a new report, the bank said that markets have become increasingly vulnerable to so-called “pain trades,” unexpected moves that go against the prevailing…
Read MoreAI Deepfake Scams Tricking Americans Out Of Dozens Of Billions. And It’s Not Just The Elderly.
Americans lost an estimated $68 billion to scams in 2025, with 15 million people (about 6 percent of U.S. adults) personally falling victim, according to a new poll. The results, disclosed by Gallup and the Stop Scams Alliance, found an additional 4 percent of adults lived in a household where someone else was scammed, putting…
Read MoreRipple Moves $16 Trillion a Year. Is XRP Price Really Going 100x?
Ripple CEO Brad Garlinghouse dropped a figure on CNBC that XRP holders have been screenshotting all week. On June 26, he said Ripple now processes roughly $16 trillion in annual payments and clearing activity across the businesses it acquired, and that digital assets account for “close to zero percent” of that volume. That gap is…
Read MoreVenezuelan Deportees Were Sent To a Hotel When Returned To Their Country. Then The Earthquakes Hit.
Dozens of Venezuelans who were deported on June 24 were killed when successive earthquakes hit the country just hours after they landed. 146 Venezuelans, including 19 women and seven children, had just arrived in the country, CNN reported. While the deportees were still being processed at the Hotel Santuario La Llanada, twin earthquakes measuring 7.2…
Read MoreThe AI Industry Continues To Boom. A Bipartisan Group Pushing For Strong Regulation Just Raised Over $80M.
Public First Action, a bipartisan advocacy group backing stronger artificial intelligence safeguards, said Tuesday it has raised more than $80 million since its launch, including $20 million over the past 10 days, marking one of the largest fundraising efforts centered on AI policy during the 2026 election cycle. The organization said the recent influx of…
Read MoreSmall-Cap Index Russell 2000 Headed For Best First Half In More Than 30 Years
Small-cap stocks headed for best first half of the year in decades. CNBC detailed that the Russell 2000 has so far climbed more than 21%, putting the index on track to notch the highest gain since 1991. The outlet went on to detail that the climb has been largely driven by the AI boom, same…
Read MoreExplosive Device In Monaco Reportedly Hits Ukrainian Mogul And His Family
An explosion in Monaco hit a Ukrainian magnate and his family, according to different reports. The incident took place in an apartment building, with the suspected attacker fleeing on foot into France. Monaco’s Prince Albert II said the explosion was an “odious act,” adding that the country’s services had been mobilized. Monaco’s most senior government…
Read MoreTrump Warns Gas Companies There Will Be ‘Big Problems’ If They Don’t Lower Prices
President Donald Trump warned gas retailers to lower prices at the pump, saying there will be “big problems” if they don’t. “Gasoline Retailers must get their Prices down, IMMEDIATELY! They’re too high considering that Oil is now at $68 a Barrel, and heading south,” Trump said in a social media publication on Monday night. West…
Read MoreGoldman Sachs Advises Investors To Stay With Asia’s Market Winners And Add Commodities To Their Portfolios
Goldman Sachs has said investors should remain positioned in leading Asian markets while maintaining exposure to commodities, citing structural drivers including artificial intelligence investment, defense spending and power infrastructure development, according to a new report by CNBC. The bank highlighted that Asia’s equity performance has been largely earnings-driven rather than valuation expansion, with technology hardware,…
Read MoreTrump Trust Bought Stock In Taser Company Two Weeks Before ICE Said It was Shopping For Tasers
The managers of Trump’s trust bought stock in a company that makes Tasers two weeks before ICE announced it was shopping for thousands of tasers. President Donald Trump’s trust managers made a major stock purchase in a company that provides tasers two weeks before ICE posted a notice that it planned to buy $220 million…
Read MoreJet Fuel Prices Are Falling But Air Fare Remains At Record Highs, Report Shows
Although prices for jet fuel have fallen sharply in recent months, airlines have made it clear they have little intention of lowering ticket prices or rolling back baggage fees anytime soon, a new report detailed. Instead, airlines say strong travel demand and limited seat availability continue to support higher fares, allowing them to maintain pricing…
Read More