U.S. News
Why $4 a gallon gas prices won’t trigger Fed interest rate hikes — and could lead to cuts
While there’s still plenty of uncertainty about where rates are headed, Wall Street commentary shifted back to expectations for cuts.
Oracle cutting thousands in latest layoff round as company continues to ramp AI spending
Oracle has ratcheted up its capital expenditures as it builds data center infrastructure that can handle AI workloads.
Opendoor acquires Doma’s closing and escrow business in bid to lower mortgage refinance costs
Doma’s technology has been used in a Fannie Mae pilot program designed to reduce title insurance costs on eligible refinance transactions.
Novo Nordisk launches multi-month subscriptions for Wegovy obesity drugs as it tries to catch up with Eli Lilly
Longer subscriptions offer lower monthly pricing, with people expected to save up to $1,200 a year on the injection and as much as $600 a year on the pill.
Delta Air Lines taps Amazon Leo for in-flight Wi-Fi as streaming wars heat up
Delta says the Amazon Leo in-flight Wi-Fi will be available starting in 2028 on 500 initial aircraft.
Delaware judge reassigns Elon Musk cases after accusation of bias
Kathaleen McCormick, a judge in Delaware’s Court of Chancery, is reassigning cases involving Elon Musk to other judges in the state’s business court.
This is what really causes recessions, a former top Trump White House economist says
Recessions are about shocks, and energy is a prime culprit, Tyler Goodspeed says
Fed Governor Miran still backs cuts, says interest rates could be ‘about a point’ lower this year
Federal Reserve Governor Stephen Miran spoke Monday on CNBC’s “Squawk on the Street.”
Watch Fed Chair Jerome Powell speak live to an economics class at Harvard
This will be one of Powell’s final scheduled public appearances before his term ends in May.
Trump says U.S. will destroy Iran’s oil wells, Kharg Island without deal to ‘immediately’ reopen Hormuz Strait
Donald Trump warned the U.S. will completely obliterate all of Iran’s electric generating plants, oil wells and Kharg Island if a peace deal is not reached.
Meta’s court losses spell potential trouble for AI research, consumer safety
Meta’s two courtroom defeats centered on different cases but both involved allegations that the company knew about its products’ harms.
Analysis: A new oil shock is building. The next few weeks of war will be decisive for the economy.
Energy markets are starting to reflect the growing risk of physical supply disruptions.
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