Posts by Amelia Frost
GM Profits Top Estimates, But Automaker Reviewing Outlook Due To Tariffs
General Motors reported a dip in first-quarter profits but topped estimates Tuesday as the automaker said it was reexamining its 2025 outlook in light of uncertainty over US tariffs. GM, which has been among the automakers hardest hit by President Donald Trump’s multiple tariff announcements, pushed back its earnings conference call to Thursday after The…
Read MoreI Tried Ashwagandha to See If It Really Made Me Sleepy. Here’s My Honest Experience.
According to the Sleep Foundation, this is even more important given there are no universal guidelines when it comes to ashwagandha dosing. “There’s no one-size-fits-all approach when it comes to dosage—the amount that works for one person might be too much or too little for someone else,” notes Dr. Mandavia. She says that a qualified…
Read MoreG.M. Withdraws Profit Forecast as Trump Tariffs Take a Toll
General Motors is abandoning a previous forecast for solid profit growth this year as a result of the uncertainty created by President Trump’s trade policies, the automaker said on Tuesday. The Trump administration imposed a 25 percent tariffs on imported cars this month and has said it will impose a 25 percent duty on imported…
Read MorePower Back In Spain, Portugal After Massive Blackout
Spain and Portugal recovered their electricity supply and a semblance of normalcy on Tuesday after a crippling blackout of unknown causes that disrupted daily life for millions. Telephone, internet and lights were working again, train services resumed, shops reopened and workers flocked back to offices following the outage that struck on Monday afternoon and lasted…
Read MoreBP Profit Drops 70% Amid Pivot Back To Oil And Gas
Britain’s BP said on Tuesday net profit plunged in the first quarter as the struggling energy giant undergoes a major overhaul back to its fossil fuel business. Profit after tax declined to $687 million, down from $2.3 billion in the first three months of 2024, driven by weaker gas sales and lower refining margins, BP…
Read MoreStudent Debt Collections Restart on May 5. Here’s What to Know.
After a five-year reprieve, the Trump administration will restart forced collections on federal student loans in default, which could include garnishing a portion of borrowers’ paychecks. With collections in place, the last piece of the student loan machinery has been turned back on, officially ending pandemic-era relief, which began when President Trump paused federal student…
Read MoreJustice Department’s Civil Rights Division Sees Mass Exodus Amid Sweeping Policy Overhaul
A dramatic shake-up is underway in the Justice Department’s Civil Rights Division, where an estimated 70% of employees are expected to take advantage of a “deferred resignation” program, allowing them to leave their positions while still receiving pay through September. The division, which employed around 340 people, saw a Monday deadline for employees to accept…
Read MoreAre ‘Dark Pools’ The Reason Why $XRP Price Barely Moves Despite Big News?
KEY POINTS DAG’s Claver said big players are utilizing ‘dark pools’ to stack up on crypto, including $XRP Dark pools hide the momentum in massive buying, suppressing the price and sowing doubt among retailers In the long term, dark pools are setting up the perfect scenario for a price pump, Claver said XRP has made…
Read MoreBitcoin Can Hit $200K By Year-End 2025 Amid Continuing US Asset Reallocation: Standard Chartered
KEY POINTS $BTC may hit $120,000 this quarter and trade as high as $200,000 by the end of 2025: Kendrick US investors are reallocating their assets, including reallocations from gold to Bitcoin, he said Bitcoin plunged below $75,000 earlier this month, but has since recovered above $90,000 Bitcoin is on track to hit new all-time…
Read MoreElitist No More, Caviar Is Turning Casual
When Burger King announced it was selling caviar with nuggets at its French restaurants on April 1, many people assumed it was an April Fool’s joke. But as news spread on social media, buyers rushed to try one of the world’s most expensive delicacies paired with a humble and highly commoditised piece of deep-fried chicken…
Read MoreCanada Election: It’ll Be Carney or Poilievre Against Trump’s Tariffs
Canada chooses a leader to take on Trump Canadians vote on Monday to determine which political party forms their next government. But President Trump’s tariff assault on Canada and his vow to annex the country and make it the 51st state have turned the federal election into a referendum on which of the two contenders…
Read MoreTrump Administration Looks to Take Steps to Ease Pain From Car Tariffs
The Trump administration said it plans to announce measures as early as Tuesday to ease the impact of tariffs on imported cars and car parts to give automakers more time to relocate production to the United States. Tariffs of 25 percent on imported vehicles and on auto parts will remain in place. But the tariffs…
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