How the Iran war is hitting U.S. homebuilders
A slew of building suppliers reported price hikes in April on everything from foam insulation and roofing to windows and doors.
American Airlines CEO says merger with United would be ‘bad for customers’
United CEO Scott Kirby floated the idea of a merger with American to a Trump administration official earlier this year, according to sources.
Trump’s lack of focus on economy is spooking Republicans as 2026 election looms
President Donald Trump has been posting a lot on social media about his White House ballroom, the Iran war, and Pope Leo XIV. Not much about rising gas prices.
Microsoft looked at buying Cursor before SpaceX deal, sources say
Prior to SpaceX’s announcement that it’s agreed to a potential purchase of Cursor, Microsoft looked at buying the AI coding startup.
Meta is tracking employee keystrokes on Google, LinkedIn, Wikipedia as part of AI training initiative
As part of an AI initiative that tracks employee keystrokes and mouse clicks, Meta is monitoring use of popular sites like Google, LinkedIn and Wikipedia.
IBM shares drop as company beats but opts to maintain guidance
Investors have been attuned to mainframe disruption threats from artificial intelligence, but IBM posted 51% growth in Z mainframe hardware revenue.
Southwest Airlines forecasts quarterly earnings below estimates on higher fuel
The airline reported that revenue in its first-quarter period rose nearly 13% to $7.25 billion.
Kalshi suspends, fines 3 congressional candidates in ‘insider trading’ enforcement actions
The incidents involved a candidate from Virginia seeking a Senate seat and candidates running for House seats from Minnesota and Texas.
Pirro says DOJ won’t drop Fed probe, will appeal judge’s order blocking Powell subpoenas
Powell has accused the DOJ of targeting him for refusing to obey Trump’s demand that the Fed sharply lower interest rates.
Virginia judge blocks redistricting referendum result that boosted Democrats’ election hopes
Virginia voted by a slim margin on Tuesday to approve U.S. House district maps that could allow Democrats to flip four seats in the state this November.
