Posts by Amelia Frost
DOGE Workers Accused of Dumping Sensitive Data into AI, Asking Software to Slash Education Department Budget
[ad_1] Members of Elon Musk’s Department of Government Efficiency (DOGE) reportedly fed sensitive government data into artificial intelligence tools, relying on AI to recommend drastic budget cuts—particularly targeting the Department of Education. According to multiple U.S. officials, DOGE agents, mostly in their twenties with little prior government experience, have gained administrative access to highly restricted…
Read MoreMark Zuckerberg Only Person With An Unfavorable Rating Worse Than Elon Musk In New Poll
[ad_1] Mark Zuckerberg’s unfavorable rating tops Elon Musk‘s and President Donald Trump‘s, according to a new poll. The Meta CEO, who has taken very public steps to curry favor with the Trump administration, has a 56% unfavorable rating, according to a survey released Wednesday by the Economist/You Gov. Musk, who’s been rampaging through the federal…
Read MoreVolvo Cars Anticipates Bumpy 2025 As Demand Slows
[ad_1] Volvo said the outlook for 2025 isn’t rosy with analysts expecting minimal growth amid uncertainty on several fronts AFP Sweden’s Volvo Cars, owned by China’s Geely Group, said Thursday that annual profits rose in 2024 despite a final quarter slowdown but that the outlook for this year is tougher. The group turned in a…
Read MoreTrump Trade Envoy Pick Says Universal Tariffs Should Be ‘Considered’
[ad_1] US President Donald Trump’s trade envoy nominee Jamieson Greer told his confirmation hearing Thursday that universal tariffs should be “studied and considered” as a potential way to reverse offshoring and deficits. On the campaign trail, Trump had floated the idea of across-the-board tariffs on all US imports and Greer would be a crucial figure…
Read MoreTaco Bell Value Meals Drive Sales As Yum Brands Reports Earnings
[ad_1] Yum Brands reported strong fourth-quarter and full-year results, fueled by Taco Bell’s value-driven menu. The fast food giant made $885 million in company sales in Q4, up from $647 million in 2023. Yum Brand made over $9 billion in digital system sales last year, the company’s quarterly earnings report. “2024 was marked with exceptional…
Read MoreGucci Dumps Design Chief After Revenue Plunges 25%
[ad_1] Sabato De Sarno is leaving Gucci. AFP Gucci’s parent company, Kering, says that creative director Sabato De Sarno will depart after less than two years in the role. The decision to axe Sarno from Kering’s biggest brand comes after a significant 25% decline in Gucci’s third-quarter revenue. “I would like to express my deep…
Read MoreShein, Temu Face Cost Of Adapting To New US Customs Rules
[ad_1] US tariffs on Chinese imports and the closing of a customs loophole will wreak disruption on the business models of e-commerce giants Shein and Temu, with consumers potentially bearing the brunt of the cost, analysts say. Boasting an enormous selection of ultra-cheap items at a time when inflation has shrunk household spending power almost…
Read MoreBank of England Cuts Interest Rates as British Economy Weakens
[ad_1] The Bank of England cut interest rates on Thursday for the third time in about six months, amid signs of weak economic growth in Britain and an unexpected slowdown in inflation. Policymakers cut the key rate a quarter point to 4.5 percent as the bank lowered its forecasts for economic growth this year. Two…
Read MoreUK To Quicken Rollout Of Mini-nuclear Reactors
[ad_1] Britain’s Labour government on Thursday said changes to planning laws will speed up the country’s rollout of mini-nuclear reactors aimed at providing cheaper and cleaner energy. “Reforms to planning rules will clear a path for smaller, safer, and easier to build nuclear reactors — known as Small Modular Reactors (SMR) — to be built…
Read More‘Multiple Nationalities’ Among Victims In Swedish Mass Shooting: Police
[ad_1] Swedish police said Thursday that there were “multiple nationalities” among the victims in the country’s worst mass shooting that left 10 dead plus the gunman. The massacre happened in the city of Orebro, west of Stockholm, on Tuesday, at an adult education centre that reportedly ran Swedish classes for immigrants. Anna Bergkvist, who is…
Read MoreFriday’s Jobs Report Will Be Confusing. Here’s How to Make Sense of It.
[ad_1] The Labor Department’s latest monthly report on hiring and unemployment will include revisions for previous months that should give a more accurate picture of the U.S. job market — but that could also sow confusion. When the data is released on Friday, one major measure of employment will be revised up. Another will be…
Read MoreTreasury Sought to Freeze Foreign Aid Payments, Emails Show
[ad_1] In the days after President Trump took office, as Elon Musk’s team began pressing for access to the Treasury Department’s payments system, officials repeatedly said that their goal was to undertake a general review of the system. They said they would observe, but not stop money from going out the door. But emails reviewed…
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