Posts by Amelia Frost
U.S. Stocks Sink Amid Fears Over DeepSeek and Chinese A.I. Advancements
[ad_1] Advances in artificial intelligence by Chinese upstarts rattled U.S. markets on Monday, with the threat of greater competition prompting a slide in shares of the biggest technology companies. The Chinese A.I. company DeepSeek has said it can match the abilities of cutting-edge chatbots while using a fraction of the specialized computer chips that leading…
Read MoreGM 2025 Profit Forecast Clouded By Trump Policy Unknowns
[ad_1] General Motors faced questions Tuesday about the impact of potential moves by the Trump administration targeting trade and the environment, with the uncertainty overshadowing the company’s latest results. The big US automaker reported a quarterly loss due to costs from restructuring a China initiative, though that was offset by a 2025 earnings forecast that…
Read MoreDeepSeek Shock Shows Europe Not Out Of AI Race: Experts
[ad_1] China-based DeepSeek’s artificial intelligence model has shaken the sector by offering high performance apparently at a fraction of the cost of those developed by US giants, with many experts saying the release also hints at opportunity for investment minnow Europe. DeepSeek’s large language model (LLM) is “making a mockery of the (idea that) we…
Read MoreGeorgia Republican Accuses Free Lunch Programs Of Teaching Kids How To ‘Sponge Off The Government’: ‘I Worked My Way Through School’
[ad_1] Georgia Rep. Rich McCormick accused free lunch programs of teaching school-aged children how to “sponge off the government” during an interview on Tuesday. When asked by CNN anchor Pamela Brown whether he would support eliminating free school breakfasts and lunches for vulnerable kids, McCormick turned to his upbringing. “I worked my way through high…
Read MoreJim Acosta of CNN to Leave Network
[ad_1] Jim Acosta, a CNN anchor who earned notice for grilling Trump administration officials in the White House Briefing Room, said Tuesday that he was leaving the network after nearly 20 years. Mr. Acosta announced the decision at the end of his 10 a.m. show, which will be his last for CNN. He is stepping…
Read MoreThe $8 Billion Children’s Vaccine Fund R.F.K. Jr. Would Oversee
[ad_1] When President Bill Clinton worked with a bipartisan Congress to enact a federal program to guarantee vaccines for poor children, they agreed that the authority over buying shots from drug makers should rest with the health secretary. The bill’s drafters did not consider that an extremely vocal critic of childhood vaccines would emerge as…
Read MoreAsheville’s Restaurants Hit Reset After Hurricane Helene
[ad_1] Earlier this month, Drew Wallace started paying the cooks, bussers and the rest of the 20 or so employees of his restaurant the Bull and Beggar, in Asheville, N.C., for the first time since two feet of river water flooded its dining room in September. “It’s a really victorious feeling,” Mr. Wallace said, his…
Read MoreE.V. Owners Don’t Pay Gas Taxes. So, Many States Are Charging Them Fees.
[ad_1] Owners of electric cars in Vermont recently got a letter from the Department of Motor Vehicles with some bad news. Starting Jan. 1 they would have to pay $178 a year to register their cars, twice as much as owners of vehicles with internal combustion engines. In imposing the higher fee, Vermont became the…
Read More2025 Layoffs: Meta, Microsoft, And BlackRock Join The Trend Amid AI Shift
[ad_1] As artificial intelligence (AI) continues to transform industries, a recent survey by the World Economic Forum (WEF) found that 41% of companies globally anticipate reducing their workforces over the next five years due to AI advancements. While these workforce cuts raise concerns, there is also a silver lining. The tech sector, in particular, is…
Read MoreTaiwan Identifies 52 ‘Suspicious’ Chinese Ships For Close Monitoring
[ad_1] Taiwan has identified 52 “suspicious” Chinese-owned ships flying flags of convenience that require close monitoring if detected near the island, the coast guard said Monday, as Taipei seeks to protect its subsea telecoms cables. The stricter regime comes after a Cameroon-flagged vessel was briefly detained by Taiwan’s coast guard earlier this month on suspicion…
Read MoreChinese Lion Dance Troupe Shrugs Off Patriarchal Past
[ad_1] Flinging her male teammate into the air, performer Lin Xinmeng practises China’s world-famous lion dance with a troupe that is shrugging off centuries of patriarchal norms. Mixing acrobatics, martial arts and theatre, lion dancing is believed to bring prosperity and protection from evil spirits. Performed across China and around the world, at weddings or…
Read MoreCoinShares Files For $XRP ETF Amid Bitcoiner Bombardment Of Ripple
[ad_1] KEY POINTS $XRP prices plummeted over the weekend, with the token trading below $3 as of early Monday Bitcoiners have been hot on the heels of Ripple over its alleged lobbying against a strategic Bitcoin reserve $XRP Army members believe the negativity stems from Bitcoin maximalists seeing $XRP as a potential threat to $BTC…
Read More