• Rail Consolidation is a Tax on Americans
  
  The eyes of the world are currently fixed on the Strait of Hormuz. With Iran closing this vital shipping lane, global energy markets are in a tailspin.
• Fed Likely to Hold Rates Steady as Powell Eyes Exit
  
  Federal Reserve policymakers will gather in Washington this week in what may be Jerome Powell's last meeting as head of the U.S. central bank, with energy prices still elevated and the Iran war at a standstill and likely to prolong uncertainty about the economic and...
• Jerome Powell's Swan Song
  
  This week, Jerome Powell will likely chair the Federal Reserve's interest rate setting committee meeting for the last time.
• Goldman Sachs: Oil Could Hit $120 If War Drags On
  
  Goldman Sachs warned that Brent oil prices could hit nearly $120 a barrel if the war in the Middle East drags on.
• US Sanctions Iran's Shadow Fleet, Chinese Refinery
  
  The Trump administration announced it's imposing new sanctions against Iran's shadow fleet of oil tankers. The Treasury Department's Office of Foreign Assets Control imposed the punishment on a Chinese teapot refinery along with 40 shipping companies and vessels.
• Meta, Oracle Layoffs Signal AI Workforce Shift
  
  A wave of layoffs across the technology sector is no longer being viewed as a cyclical correction -- it's increasingly seen as evidence of a deeper, structural transformation in how companies operate in the age of artificial intelligence, CNBC reports.
• US Freezes $344 Million in Crypto Tied to Iran
  
  The U.S. government has blocked roughly $344 million in cryptocurrency it believes is connected to Iran, stepping up financial pressure as diplomatic efforts remain uncertain, CNN reports.
• High-Priced Lawyers Deem Lower Prices a Crime
  
  There is something wrong with our legal system if cutting prices is a crime. Laws that prosecute cost-cutting are only going to make America expensive again.
• P&G Warns of $1 Billion Profit Hit by 2027 on Oil Costs
  
  U.S. consumer goods giant Procter & Gamble Friday warned of a roughly $1 billion post-tax hit to its fiscal 2027 profit from surging oil prices, joining a host of global companies flagging significant cost pressures from the Iran war.
• US Consumer Sentiment Drops to 4-Year Low in April
  
  U.S. consumer sentiment fell to the lowest level in nearly four years in April as the war with Iran fanned inflation fears, a survey showed Friday.
• Justice Dept. Drops Criminal Probe of Jerome Powell
  
  The Justice Department has ended its probe into Federal Reserve chair Jerome Powell, clearing a major roadblock to the confirmation of his successor, Kevin Warsh.
• Citadel Hits Back After Mamdani's Penthouse Video
  
  Ken Griffin's Citadel has pushed back against Zohran Mamdani after the New York Mayor dragged in the billionaire investor's penthouse in his push to tax wealthy property owners in the city.
• Job Market Stable as Unemployment Rises Marginally
  
  The number of Americans filing claims for unemployment benefits increased slightly last week, pointing to continued labor market stability in April, though economic uncertainty and higher prices stemming from the war with Iran pose downside risks.
• American Rejects United Merger, Eyes Alaska Tie-Up
  
  American Airlines Chief Executive Robert Isom flatly rejected a merger with United Airlines as anti-competitive Thursday, pledged to defend American's Chicago hub and signaled that partnerships - including potentially deeper ties with Alaska Airlines - offer a safer path...
• Bessent Extends Iran, Russia Oil Relief After Appeals
  
  U.S. Treasury Secretary Scott Bessent said Wednesday that he extended sanctions relief on Russian and Iranian seaborne oil for 30 days because of requests from countries that are the most vulnerable to oil shortages from the closed Strait of Hormuz.
• IEA, IMF, World Bank Warn Nations Against Oil Hoarding
  
  The world's top energy and financial institutions have warned that a growing wave of national oil stockpiling is deepening the price shock from the war in Iran, with Brent crude jumping back above $101 a barrel Wednesday as the Strait of Hormuz remained largely closed.
• Americans Seeking Irish Citizenship Jumps 63%
  
  Americans seeking Irish citizenship increased 63% last year, though the overall number remained relatively moderate.
• From Paint to Planes, Iran War Lifts Costs, Darkens Outlooks
  
  Companies from consumer goods to travel and mining warned Wednesday that the U.S.-Israeli war with Iran is driving up costs, disrupting supply chains and hurting consumer confidence, clouding financial outlooks.
• Nothing Sacred: Radicals Target Discount Stores
  
  The political messaging may sound appealing. "Fair prices." "Level playing field." But behind the slogans is a policy that punishes efficiency, restricts competition, and yes, raises prices in considerable ways. Americans don't need Washington policing discounts.
• 34% Gas Price Spike Boosts Retail Sales
  
  U.S. retail sales increased more than expected in March as the war with Iran boosted gasoline prices and led to a record surge in receipts at service stations, while tax refunds underpinned spending elsewhere.
• SpaceX Brings Wall Street to Starbase for 3-Day IPO Pitch
  
  SpaceX is moving ahead with plans for one of the most anticipated IPOs in history as it hosts analysts this week for three days of closed-door meetings at its launch facility in Texas and mega-sized data center in Tennessee, according to sources.
• Trump: 'Highly Unlikely' to Extend Iran Ceasefire as Deadline Nears
  
  President Donald Trump says it is "highly unlikely" he will extend the current ceasefire with Iran beyond its looming deadline, increasing pressure on negotiators to secure a broader agreement within days.Trump told Bloomberg News in an interview that the two-week truce he...
• Iran Will Be Another Brilliant Trump Victory
  
  The global stage is witnessing a transformation that few thought possible, yet it follows a familiar pattern for those paying attention.
• War Slows the Economy, Raises Recession Risks
  
  The U.S. economy has become less recession prone, but the war with Iran does impose new risks.
• Wells Fargo CEO: No Rate Cuts Before Iran War Ends
  
  Wells Fargo CEO Charlie Scharf said Monday that lowering interest rates now, before there is clarity about a potential end to the Iran conflict, would be "the wrong thing to do."

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