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What’s Happened So Far at the Musk v. OpenAI Trial14:21 Elon Musk’s court battle against OpenAI has laid bare tensions between the start-up's leaders and raised questions about the billionaire’s motivations. Fed officials weigh stable jobs backdrop against rising inflation risks.13:17 Higher prices could eventually temper consumer spending, causing a slowdown that could result in job losses. With fuel costs soaring, Trump insists the economy is strong.13:17 White House aides have sounded bullish on the jobs report, even as warning signs mount amid the war with Iran. ‘Fired From Retirement’: Financially Insecure, Older Americans Return to the Grind11:09 People return to work for many reasons, but the biggest is financial need. As costs remain high, more retirees could be looking to re-enter the job market. Oil Prices Rise as U.S. and Iran Test Truce With Military Strikes7:57 Oil prices rose after the United States attacked Iranian military sites in retaliation for Iran firing on U.S. warships in the Strait of Hormuz How Energy Prices Are Driving Demand for Solar Panels and Heat Pumps6:21 Already having faced an energy crisis five years ago, more European consumers believe they are “one Trump-ignited war away” from crushing costs. U.S. Debt Hits a Concerning Milestone, and Experts Say Trump’s Policies Could Worsen It18:07 The debt is outgrowing the size of America’s economy. The president’s policies could accelerate the country’s fiscal headaches, experts say, unless policymakers intervene. Elon Musk’s SpaceX Plans $55 Billion Investment to Make A.I. Chips18:07 The rocket company’s new semiconductor factory, called Terafab, is part of the billionaire’s increasing efforts to dominate artificial intelligence. Stocks Are Exuberant. Bonds Are Subdued. Why the Divergence?18:07 Stock investors are betting that companies will make enormous profits, despite the war. But investors in bonds, including U.S. Treasuries, have other concerns. Shell Reports Nearly $7 Billion Profit Amid ‘Unprecedented Disruption’7.května The oil giant’s earnings in the first three months of the year were more than double the previous quarter’s and follow similarly strong results of European rivals. Why Investors Are Still Betting Big on Kalshi7.května The popular prediction market platform has just raised a new funding round that values it at $22 billion, double what it was worth in December. Kalshi, the Prediction Market, Raises $1 Billion at a $22 Billion Valuation7.května The platform for betting on sports, politics, the weather and more has raised $1 billion and sees big financial firms as a key source of growth. Fast-Food Sales Rise Despite Higher Gas Prices7.května Fallout from the war in Iran didn’t dampen quarterly results at McDonald’s, Burger King and Taco Bell. |
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