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The reopening of the Strait of Hormuz on Friday sent a wave of relief through oil markets, knocking crude prices down to their lowest levels since the early days of the U.S.-Iran conflict.
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White House to meet with Anthropic CEO as Mythos anxiety spreads PoliticoHow Anthropic Learned Mythos Was Too Dangerous for the Wild Bloomberg.comAnthropic CEO Dario Amodei arrives at White House for talks ReutersAnthropic's Nuclear Bomb War on the RocksClaude Mythos: Finance ministers and top bankers raise serious concerns about AI model BBC
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Stock Market Today: Dow up 1,000 points, stocks hit session highs, as Trump tells reporter Iran 'agreed to everything' MarketWatchStock market today: Dow rises, S&P 500 and Nasdaq notch fresh records as war resolution hopes grow Yahoo FinanceS&P 500 on Pace for Third Record Close in a Row WSJDow Jones Futures Rise, Oil Prices Fall On Trump's Iran Comments; Netflix Dives Investor's Busine
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A rally that has already catapulted stocks higher with a velocity rarely seen before continued to pick up speed on Friday.
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Federal Reserve Governor Christopher Waller on Friday said current economic conditions are complicating the approach to interest rates.
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U.S. inflation is going to get worse before it gets better, but price increases tied to the Iran war could start to evaporate during the summer and open the door for the Federal Reserve to cut interest rates again.
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Netflix shares slide after surprise Hastings exit sparks growth concerns ReutersNetflix chairman and co-founder to step down from board in June | CNN Business CNNNetflix stock slides as earnings beat estimates, co-founder Reed Hastings announces departure from board Yahoo FinanceNetflix cofounder Hastings to step down after it lost Warner Bros
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Also in today's newsletter: Israel agrees to ceasefire in Lebanon, and Netflix founder to step down from board
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A prolonged shutdown of a key oil route is choking jet fuel supply, forcing Europe to scramble for alternatives.
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Chinese president says Spain and China are ‘morally upright' nations that should strengthen their co-operation
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Before employing artificial intelligence (AI) to find job candidates, Southwest Airlines had no definitive way to track the success of the company's email and website hiring campaigns. The airline also couldn't queue up potential applicants who'd logged into a job listings page and left before an applicable position had been posted.
Since it began using an AI-enabled hiring platform from tech firm Phenom, the airline now has "a warm pipeline of candidates" it can draw on whenever jobs opportunities arise, according to Kelby Tansey, manager for recruitment marketing at Southwest Airlines.
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