More Federal Reserve officials see possible rate hikes this year, minutes show
The minutes underscore the Fed’s dilemma as it seeks to fill its congressional mandates of low inflation and maximum employment.
Associated Press
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Oil plunges below $95 and Dow surges 1,300 in worldwide rally following ceasefire with Iran
The next moves for oil prices will depend on how many oil tankers can start exiting the Strait of Hormuz and how easy their passage is.
Newly created Polymarket accounts bet big on US-Iran ceasefire in hours before Trump’s announcement
Such bets have repeatedly raised questions about whether some traders are using inside information to profit in these prediction markets.
Southwest Airlines, once known for its free bags perk, hikes fees amid higher jet fuel costs
The airline now joins a growing list of U.S. carriers that have increased fees since the war in the Middle East began Feb. 28.
Delta joins growing list of airlines raising checked bag fees over fuel costs
The move follows similar announcements from United Airlines and JetBlue, both of which raised baggage fees last week.
Travelers to face limits on how many chargers they can carry as airlines try to reduce fire risks
The Federal Aviation Administration said more lithium battery incidents are reported every year.
Oil prices sink and stock futures jump as US and Iran agree to 2-week ceasefire
President Trump swerved to deescalate the war less than two hours before the deadline he set for Tehran to capitulate to a deal or face attacks meant to destroy Iranian “civilization.”
Deere & Co agrees to pay $99M to settle ‘right to repair’ lawsuit
The settlement would resolve a class-action lawsuit accusing the farm equipment giant of monopolizing repair services.
Ackman’s Pershing Square makes $64B bid for Taylor Swift label Universal Music Group
Kendrick Lamar, The Weeknd, Adele, Harry Styles, Bad Bunny, Sabrina Carpenter, Post Malone, Ariana Grande, and Coldplay.
Key Fed official sees possible rate hike amid higher gas prices, inflation concerns
Rate increases by the Federal Reserve would be a sharp shift from late last year, when the central bank cut its key rate three times.
Artemis II breaks Apollo 13’s distance record with daring moon flyby
After traveling deeper into space than any other humans, the Artemis II astronauts pointed their moonship toward home Monday night.
Michigan survives UConn to win first NCAA national title since 1989
Connecticut fell short in its effort to become the first program since Coach John Wooden’s dominant UCLA teams of the 1960s and 1970s to win three championships over a four-season span.
Tailors age out of the workforce even as demand for their skills grows
Like engraving, repairing musical instruments and many other skilled trades, creating and fitting garments to individual specifications hasn’t attracted enough entry-level workers over the years to replace the professionals retiring their pincushions.
AP says it will offer buyouts as part of pivot away from newspaper journalism
The news organization is becoming more focused on visual journalism and developing new revenue sources, particularly through companies investing in artificial intelligence, to cope with the economic collapse of many legacy news outlets.
Judge halts Trump effort requiring colleges to show they aren’t considering race in admissions
The federal judge said the federal government likely has the authority to collect the data, but the demand was rolled out to universities in a “rushed and chaotic” manner.
United Airlines raises bag fees amid high fuel costs, introduces tiered premium fares
The average price for a gallon of jet fuel in Chicago, Houston, Los Angeles and New York reached $4.88 on Thursday, up from $2.50 just before the war.
Auburn beats Tulsa 92-86 in OT for 1st NIT championship
The game capped off a triple-header championship college basketball event at Gainbridge Fieldhouse in Indianapolis.
Mary Washington edges Emory for 1st D-III championship
The victory came as part of triple-header championship college basketball event at Gainbridge Fieldhouse in Indianapolis.
Pace Prosser’s double-double helps Gannon beat Lander in D-II championship game
The Golden Knights topped the Bearcats in a battle between two teams aiming for a first national championship.
Market trends favor home shoppers, but Iran war clouds outlook for mortgages
While rates are still down from a year ago, their recent upward trend has already led to a slowdown in mortgage applications.