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Trump calls Strait of Hormuz the 'Strait of Trump'
Trump recently floated the possibility that the strait could be controlled jointly by "me and the ayatollah" as part of a resolution to the Iran war.
TSA wait times: Track security lines by airport in the U.S.
Travelers are facing long lines at airports across the U.S. as a partial government shutdown drags on.
Cramer’s game plan: Oil shock is driving this sell-off and tech won’t bottom until it ends
Jim Cramer says the market sell-off is driven by rising oil tied to the Iran war, with tech stocks taking a huge hit.
TSA funding update: House GOP spikes DHS funding proposal, extending shutdown that's caused airport delays
President Donald Trump on Friday issued an executive order to pay Transportation Security Administration agents during the shutdown.
Tech stocks suffer worst week in nearly a year, driven down by war worries, Meta legal woes
Meta's twin legal defeats this week and a big sell-off in Micron spurred a drop in technology stocks, which were broadly hit by rising oil prices.
Strategy is accelerating its crypto purchases as rivals sit on the sidelines
Demand for bitcoin as a corporate treasury asset is once again concentrated in Michael Saylor's Strategy as the company steps up its bitcoin buying pace.
TSA officers will start getting paychecks as early as Monday, DHS says
The announcement comes as long lines for TSA screening of air travelers at airports around the United States persist.
Cybersecurity stocks fall on report Anthropic is testing a powerful new model
The cybersecurity sector has slumped this year on fears that new AI will massively disrupt their business models.
Epstein victims sue Google and the Trump administration over alleged disclosure of personal information
A lawsuit filed in Northern California alleges that Google's AI features generated contact information for Epstein victims.
White House launches app touting Trump's record, with some key omissions
The app includes a link to report tips to Immigration and Customs Enforcement.
Oil prices close at highest level since 2022 as Iran negotiations fail to ease supply fears
Oil prices traded higher after U.S. President Donald Trump said Iran had allowed 10 oil tankers to pass through the Strait of Hormuz.
Sony to hike PS5 prices by $100 as AI and Iran war push up memory chip costs
Updated prices of PlayStation 5 consoles to go into effect on 2 April as electronics makers face rising cost pressuresSony is raising global prices of its PlayStation 5 consoles, including a $100 increase in the US, marking its second hike in less than a year as the entertainment giant grapples with rising costs of key components such as memory chips.The tech industry’s race to build out artificial intelligence infrastructure has pushed memory makers to favor higher-margin datacenter chips, tightening supply for consumer devices like the ones Sony sells. Continue reading...
Lloyds bank faces £66m court battle with car loan customers
Law firm is preparing claim on behalf of 30,000 consumers who fear the FCA’s redress scheme will shortchange themLloyds Banking Group is facing a court battle with 30,000 aggrieved car loan customers who are to abandon the City regulator’s official redress scheme amid fears it will shortchange consumers and favour lenders.The claims law firm Courmacs Legal is planning to file a £66m omnibus claim on behalf of borrowers who believe they were financially harmed by car loan contracts set up by Lloyds’ motor finance arm, Black Horse. Continue reading...
Average IRS tax refund is up 10.9%, latest filing data shows
The average IRS tax refund is up 10.9%, based on new filing data. Here's what you can expect.
Asda boss rejects profiteering claims as petrol price tops 150p
Motorists are facing higher fuel prices ahead of Easter break due to the conflict in the Middle East, the RAC says.
The Guardian view on social media in the dock: tech bros move fast – society is trying to catch up | Editorial
Two court cases have shown how companies can be forced to take responsibility for their impact on public healthDebate about online harms has tended to focus on abusive and hateful content. But the form in which content is delivered is at least as important. That point is central to this week’s momentous decisions against Meta and YouTube, by two US juries. It will take more than these cases to loosen big tech’s tight grip on much of the world’s attention. But the fact that both companies were found liable in California, for deliberately designing addictive products that harmed a child, is a massive win for the coalition of campaigners aiming to use the US courts to force the platforms to change their products.The second case against Meta, in New Mexico, found it liable over the use of Facebook and Instagram for child sex trafficking, with a Guardian investigation cited in the complaint. The jury ordered it to pay $375m in civil liabilities; the state’s attorney general is seeking platform changes and financial penalties.Do you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here. Continue reading...
1.4 million filers face tax refund delays amid IRS paper check phaseout
Many filers are facing tax refund delays amid the IRS push to phase out paper checks. Here's what to know if you receive a CP53E notice.
Every Cure’s drug repurposing strategy isn't what you think, and it could change rare disease treatment
When David Fajgenbaum and his colleagues launched the drug repurposing non-profit Every Cure, they chose a path that challenged the traditional research model.
Why investors should resist the easiest course of action in a difficult market
It's the real reason why so few people make money in stocks.
UK government borrowing costs hit 5% as Iran war fuels bond market sell-off
Yields on 10-year debt reach highest since the 2008 financial crisis, raising concerns of faster interest rate risesUK government borrowing costs have risen above 5% amid an intensifying global bond market sell-off fuelled by the Iran war.The yield – or interest rate – on 10-year debt hit its highest level since the 2008 financial crisis, rising 13 basis points to 5.081%, as investors acted on concerns about the economic fallout from the conflict. Continue reading...
AstraZeneca stock jumps after surprise trial win for lung disease drug where rivals have failed
The experimental drug reduced flare-ups for patients with chronic obstructive pulmonary disease, Astra said Friday.
Asda warns of ‘temporary shortages’ at some petrol pumps amid Iran war
Comments from boss Allan Leighton come as squeeze on supplies drives average UK petrol price above 150p a litreBusiness live – latest updatesThe boss of Asda has warned of “temporary shortages’” at petrol pumps as supplies are squeezed by the conflict in the Middle East, which has driven up average UK petrol prices to above 150p a litre.Allan Leighton, the executive chair of the supermarket chain, which is the UK’s second largest fuel retailer, said it had been experiencing high demand from drivers as fuel prices have jumped about over the past four weeks since the war started. Continue reading...
Five Guys CEO says he gave a $1.5m bonus to his workers so he wouldn’t get shot in the back
Jerry Murrell seemingly alluded to healthcare CEO killing when he explained giving bonus to workers after bungled promotionSign up for the Breaking News US email to get newsletter alerts in your inboxFive Guys’ chief executive officer, Jerry Murrell, said he gave a $1.5m bonus to employees of his US-based burger restaurant chain because “I didn’t want anybody shooting me” after the company recently “screwed … up” a buy-one-get-one-free promotion.Murrell did not elaborate on the comment, which he gave to Fortune in an interview published on Wednesday – but it came a little more than a year after the UnitedHealthcare CEO Brian Thompson was shot dead on a midtown Manhattan street in what was widely considered a murderous rebuke of the US health insurance industry’s profit-driven practices. Continue reading...