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Soaring energy costs led to the biggest monthly increase in the Consumer Price Index since the peak of the post-pandemic inflation crisis in June 2022.
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Consumer prices surged in March, thanks to the conflict with Iran.
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Strait of Hormuz stays shut as Trump demands Iran stop tolls AxiosView Full Coverage on Google News
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The war with Iran is preventing huge amounts of oil from flowing out of the Persian Gulf, but the prices that many people track don't fully capture the scale of the disruption.
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Markets react to potential developments in peace talks between the United States and Iran, set for the weekend.
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The FT's Joe Leahy and Cheng Leng replied to reader questions
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A U.S. delegation is set for talks with Iran on Saturday as part of the cease-fire. But Israel has continued to attack Lebanon, endangering the agreement.
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The big risk for Beijing is that the Iran war drags down global demand for the exports that are driving China's economic growth.
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Live Updates: Trump cautions Iran against charging tolls to go through Strait of Hormuz as fragile ceasefire holds CBS NewsTrump says Iran's handling of Strait of Hormuz is 'not the agreement we have' BBCTrump Warns on Reopening of Hormuz Before US-Iran Peace Talks Bloomberg.comIran War Live Updates: Trump Warns Iran Against Collecting Tolls in the Strait of Hormuz WSJ
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Three and a half years of deflationary pressure on Chinese factories reversed course last month as higher energy prices cycled into the economy.
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Stock futures little changed as traders monitor fragile ceasefire between U.S. and Iran: Live updates CNBCStocks Set to Rise Ahead of US-Iran Weekend Talks Bloomberg.comMarkets News, April 9, 2026: U.S. Indexes End Higher, Oil Pares Gains on Iran Ceasefire Optimism; Dow Turns Positive for Year InvestopediaS&P 500, Nasdaq Extend Win Streaks Amid Ceasefire Hopes; 3 New Breakouts To Watch Investor's Business Daily
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Anthropic Model Scare Sparks Urgent Bessent, Powell Warning to Bank CEOs BloombergProject Glasswing: Securing critical software for the AI era AnthropicCommentary: Wipe out a 'civilization'? Minor stuff compared with what just happened in AI Los Angeles TimesClaude Mythos Is Everyone's Problem The AtlanticYou Can't Use This A.I. The New York Times
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Consumers' views sour on business conditions and personal finances, and inflation expectations soar.
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EV bloodbath: US sales plunge as Tesla tightens its grip Business InsiderWill High Fuel Prices Benefit GM And Its EV Lineup? GM AuthorityWhy GM is sticking with EVs as rivals pivot to hybrids Chattanooga Times Free PressTo EV or not to EV? Plastics News
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The university's headline index of consumer sentiment tumbled to 47.6, down 10.7% from March to its lowest on record.
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Khaby Lame's landmark merger drew in traders and creator economy optimists alike, but the stock has since plunged more than 90 percent and major brokerages are restricting trading.
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Consumer prices in March were up 3.3% from a year ago, the biggest annual increase in nearly two years. Higher gasoline prices tied to the war with Iran accounted for much of the surge.
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"Right now, we only see our kids (ages 5 and 2) awake for about 90 minutes a day."
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The federal government delivers a cost-of-living report Friday. A spike in gasoline prices triggered by the war with Iran is expected to push inflation to its highest level in nearly two years.
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Artemis II returns LIVE: NASA prepares for Artemis II crew's perilous return to Earth at record-breaking speeds Live ScienceLive updates: Artemis II astronauts to make splashdown return to Earth CNNArtemis II images reignite moon mission memories | Letters The GuardianArtemis II Flight Day 10: Crew Sets for Final Burn, Splashdown NASA (.gov)Artemis 2 LIVE: NASA's Artemis 2 astronauts prepare for splashdown today Space
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Global private equity dealmaking is proving resilient despite ongoing macroeconomic uncertainty, the latest research from PitchBook suggests.
The post Global PE dealmaking shows resilience despite renewed tariff uncertainty, war in Iran appeared first on AltAssets Private Equity News.
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The Strait of Hormuz crisis is not an aberration from the new geopolitical order — it is an expression of it and investors need to adjust to this fast, says a Nuveen strategist.
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How and When to Watch NASA's Artemis II Splash Down in Pacific Ocean The New York TimesLive updates: Artemis II astronauts to make splashdown return to Earth CNNArtemis 2 LIVE — NASA's Artemis 2 astronauts prepare to return to Earth today SpaceHow to watch NASA's moon mission splash down off San Diego today Los Angeles TimesMichigan man will be among fi
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Florida AG launches investigation into OpenAI AxiosFlorida officials investigate ChatGPT, OpenAI over alleged role in FSU shooting NBC NewsThe Chilling Role of ChatGPT in Mass Shootings and Other Violence Mother JonesCourt documents show Florida State shooter's AI chats leading up to the attack WFLA
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Artemis II crew closes in on Earth as mission ends with Pacific splashdown and more top headlines Fox NewsHow and When to Watch NASA's Artemis II Splash Down in Pacific Ocean The New York TimesWatch NASA's Artemis 2 astronauts return to Earth live online today (April 10) SpaceWatch the Artemis II splashdown live off the California coast USA Today
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U.S. Ally Says He's Completely ‘Fed Up' With Trump and Putin's Chaos The Daily BeastStarmer Says He's 'Fed Up' With Trump as Europe Splinters From U.S. Over Iran War Time Magazine‘I'm Fed Up.' Frustrated With Trump, Starmer Embraces Other Allies. The New York TimesThe Iran war is a warning: Britain must build resilience - at home and with our allies in Europe | Keir Starmer The Guardian
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US summons bank bosses over cyber risks from Anthropic's latest AI model The GuardianPowell, Bessent discussed Anthropic's Mythos AI cyber threat with major U.S. banks CNBCAnthropic Has Banks, Regulators Rattled Over AI Cyber Risks. CrowdStrike, Palo Alto Could Benefit. Barron'sCommentary: Wipe out a 'civilization'? Minor stuff compared with what just happened in AI Los Angeles Times
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Fragile U.S.-Iran ceasefire in focus; CPI ahead - what's moving markets Investing.comS&P 500 futures tick higher Friday with benchmark wrapping up big week from fragile Iran ceasefire: Live updates CNBCStock market today: Dow, S&P 500, Nasdaq futures stall in cautious wait for inflation print, Iran peace talks Yahoo FinanceStock Market Today: Dow Wavers Ahead Of CPI Inflation Data; Nvidia Chipmaker TSMC Jumps (Live Co
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Saving for your future can be this simple.
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YouTube Premium is getting pricier The VergeYouTube Hikes Premium Prices For First Time Since 2023—Here's How Much More You'll Pay ForbesYouTube Premium and YouTube Music Subscription Prices Are Going Up in the U.S. VarietyYouTube Premium Raises Prices For First Time Since 2023 The Hollywood ReporterYouTube Premium is increasing US prices for the first time since 2023
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Sterling sales figures for the first three months will provide much-need reassurance to investors that demand for high-end chips for use in AI compute is still robust.
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So far, the IRS has received 1 million fewer tax returns than at the same point last year.
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Exchange funds could help address some wealthy clients' concentration risks and tax quandaries at the same time.
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Scott Bessent called in US bank CEOs to discuss Anthropic model's cyber risks Financial TimesProject Glasswing: Securing critical software for the AI era AnthropicBessent, Powell call urgent meeting with bank CEOs about Anthropic model risks (ANTHRO:Private) Seeking AlphaClaude Mythos Is Everyone's Problem The AtlanticAnthropic's powerful new AI model raises concerns about high-tech risks PBS
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Still-high oil prices have investors wondering which areas could help keep the market moving higher after Wednesday's rally.
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Sami Clarke and Sami Spalter launched their brand during the pandemic.
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"My son is 33 years old, married, with an 18-month-old baby and another baby due in September."
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Percheron Capital, the services-focused private equity firm launched by a pair of Golden Gate Capital veterans, has reached a $3.1bn hard cap close for its third fund.
The post Percheron Capital pulls in $3.1bn for hard cap Fund III close, double its Fund II total appeared first on AltAssets Private Equity News.
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Traders wary that traffic through the Strait of Hormuz is still restricted.
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Yes, higher crude oil prices mean a multibillion-dollar cash infusion to the oil industry. But volatility is bad for business, and sustained high prices come with very serious drawbacks.
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Oil companies are winning extra revenue from high prices due to the war in Iran, but could suffer if the energy shock depresses demand from consumers and businesses.
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The Fed held interest rates steady, while the Persian Gulf conflict threatens to reignite inflation, complicating the Fed's work.
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OpenAI today unveiled ChatGPT Enterprise, a version of its generative AI service that allows companies to decide how the model is trained and how long it can store corporate data used for that purpose.
The new ChatGPT service also offers increased security and privacy by using encryption for data at rest (AES-256) and in transit (TLS 1.2 ) and Security Assertion Markup Language (SAML) single sign-on for enterprise authentication.
OpenAI also said it has opened up the bandwidth for organzaitons to connect to GPT-4, the large language model (LLM) on which ChatGPT is based and trained on. The company plans to offer "unlimited higher-speed" access to the LLM, and 32k token context windows inputs and follow-ups that are four times longer than previously available. (One token is approximately 4 characters or 0.75 words. As a point of reference, the collected works of Shakespeare are about 900,000 words or 1.2M tokens, according to OpenAI.)
To read this article in full, please click here
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There's little evidence that workers are benefiting from the big corporate tax cuts passed into law this year.
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