U.S. News
Vibe check from inside one of AI industry’s main events: ‘Claude mania’
At the HumanX conference in San Francisco this week, Anthropic’s momentum was on everyone’s lips.
Elon Musk’s xAI faces fresh opposition after landing permit for Mississippi power plant
Musk’s xAI, now owned by SpaceX, faces a legal challenge from environmental groups opposed to a massive power plant in Mississippi.
Trump’s 250-foot ‘triumphal arch’ would loom over Potomac, new renderings show
Rep. Don Beyer said “President Trump is focused on a taxpayer-funded vanity project that would choke traffic, block our skyline, and tower over sacred ground.”
Earnings season could finally give the stock market some good news. Here’s what’s ahead
Given a strong earnings backdrop, investors have been optimistic that companies can weather an energy shock — so long as there is a quick resolution to the war.
Consumer sentiment hits record low, inflation fears rise amid Iran war
The university’s headline index of consumer sentiment tumbled to 47.6, down 10.7% from March to its lowest on record.
Consumer prices rose 3.3% in March, as energy prices spiked due to Iran conflict
The consumer price index was expected to show a 3.3% year-over-year gain in March, according to the Dow Jones consensus.
U.S. Postal Service seeks hike in price of first-class mail stamps to 82 cents in July
The USPS is facing a severe financial crisis and could run out of money early in 2027. The agency has proposed hiking stamp prices along with other measures.
Automatic U.S. military draft registration planned by December, filing shows
The proposed timetable for automatic military draft registration came weeks after the U.S. and Israel launched a war against Iran.
Strait of Hormuz oil traffic way down after ceasefire; Hassett says even one tanker is big deal
Trump said the temporary ceasefire is “subject to the Islamic Republic of Iran agreeing to the COMPLETE, IMMEDIATE, and SAFE OPENING of the Strait of Hormuz.”
Amazon CEO Jassy defends $200 billion AI spend: “We’re not going to be conservative”
Amazon shares have struggled so far this year as investors question the company’s aggressive AI spending plans.
American Airlines makes bag fees even more expensive for basic economy tickets
American Airlines is joining Delta, United, Southwest and JetBlue in raising its checked bag fees as the industry deals with high jet fuel prices.
Inflation held sticky at 3% as U.S. headed into war with Iran, key Fed gauge shows
The gauge released Thursday offers the Federal Reserve a snapshot of conditions leading into the Iran war.
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