• Spirit Says Most Customers Refunded, Staff Returned
  
  Spirit Airlines said on Sunday it had almost completed refunding passengers and returning its crew to their home bases following its decision to cease operations over the weekend.
• Duffy: Gas Prices Could Ease Quickly If Strait Reopens
  
  Gas prices could begin to fall quickly if shipping resumes through the Strait of Hormuz, Transportation Secretary Sean Duffy said Sunday, while defending President Donald Trump's handling of tensions with Iran and broader energy policy.
• Duffy: Biden Administration to Blame for Spirit Airlines Collapse
  
  The collapse of Spirit Airlines followed years of financial struggles and policy decisions under former President Joe Biden's administration, not just recent fuel price increases tied to global conflict, Transportation Secretary Sean Duffy insisted on Sunday.
• Bessent: Oil Prices Will Be 'Much Lower' After War
  
  Treasury Secretary Scott Bessent said on Sunday that energy prices, which are currently surging amid the U.S.-Israel war with Iran, should decline later this year."Oil prices on the other side of this conflict are going to be much lower," Bessent said on Fox...
• Florida AG, Canada Suits Target ChatGPT After Mass Shootings
  
  OpenAI faces a Florida criminal probe, multiple lawsuits in the U.S. and Canada, and pressure from 42 state attorneys general over ChatGPT's alleged role in two mass shootings, intensifying debate over when AI firms must alert authorities to potential violence.
• Sununu to Newsmax: Passing on Spirit Bailout the Right Call
  
  The Trump administration made the right decision in declining a proposed bailout of Spirit Airlines, as the carrier's financial condition was beyond saving without major taxpayer risk, former New Hampshire Gov. Chris Sununu said Sunday on Newsmax.
• Israel Approves Plan to Buy F-35 and F-15IA Fighter Jets
  
  Israel gave final approval for a plan to purchase two new combat squadrons of F-35 and F-15IA advanced fighter aircraft from Lockheed Martin and Boeing in a deal worth tens of billions of dollars, the defense ministry said on Sunday.The deal, approved by Israel's...
• Iran War Drives $5 Billion Commodity Squeeze on US Carmakers
  
  The three biggest U.S. automakers have warned that commodity inflation tied to the Iran war will cost them about $5 billion this year, as the conflict squeezes supplies of aluminum, plastics, and other inputs and raises the prospect of higher vehicle prices later in 2026.
• Fed's Barr: Stress in Private Credit Could Spark 'Psychological Contagion'
  
  U.S. Federal Reserve Governor Michael Barr said stress in private credit could spark "psychological contagion" leading to a broader credit crunch, Bloomberg News reported on Sunday.While direct links between banks and private credit do not yet appear "super worrisome,"...
• Pirro: Fed IG's Findings Will Determine Powell Probe
  
  The prosecutor who dropped the criminal investigation launched by President Donald Trump's administration into Federal Reserve Chair Jerome Powell said on Sunday if a Fed internal watchdog probe into cost overruns in the central bank's headquarters renovations finds no...
• Report: US Wind Farm Projects Threaten National Security
  
  President Donald Trump's administration has brought U.S. onshore wind development to a halt, citing national security concerns, the Financial Times reported on Sunday.Approvals for about 165 onshore wind projects on private lands are being held up by the Pentagon, FT...
• For the Price of One US Car, You Can Buy 5 Chinese EVs
  
  Call it a different kind of sticker shock.The Beijing Auto Show that opened to the public this week is a showcase for how hypercompetition in China has driven new car prices in the world's largest car market to a fraction of the level of the next-largest market, the U.S.The...
• OPEC+ Agrees to Third Oil Output Quota Hike Since Hormuz Closure
  
  OPEC+ agreed on Sunday a modest oil output hike for June, an increase that will remain largely on paper as long as the Iran war continues to disrupt Gulf oil supplies through the Strait of Hormuz.Seven OPEC+ countries will raise oil output targets by 188,000 barrels per...
• Landlords Hope Trump Deal Coming Soon on Pandemic Losses
  
  Just months into the pandemic, Matthew Haines, like landlords across the country, learned he was barred from evicting tenants who didn't pay their rent under a federal eviction moratorium that lasted almost a year - costing him and his investors over $1 million.Now, the...
• US Airlines Step Up as Spirit Winds Down
  
  US air carriers on Saturday mobilized to help passengers and crew members stranded by the overnight shutdown of Spirit Airlines, after the low-cost carrier's last-minute talks with creditors and the White House collapsed.Spirit, known for its bright yellow planes, succumbed...
• Trump Allies Seek Funds for Mall Overhaul, Golf Plan
  
  A Washington Post report on Saturday details a new fundraising effort tied to President Donald Trump's plans to reshape parts of Washington, D.C.'s waterfront, including East Potomac Golf Course and the proposed National Garden of American Heroes.
• Lawmakers Aim to Ban Prediction Market Trades
  
  A bipartisan bill would prohibit federal lawmakers from placing trades on prediction markets.
• Telekom Serbia Expands to US, Across Europe With Major Rollouts
  
  Telekom Serbia, also Telecom Srbija, the leading telecommunications and broadband provider in the Balkans, is accelerating its international expansion, leveraging strong financial performance, strategic partnerships, and growing media ventures to establish a presence across...
• Spirit Nears Shutdown After Rescue Deal Fails
  
  Spirit Airlines is on the brink of shutting down after a last-ditch effort to secure funding collapsed, The Wall Street Journal reported Friday.
• Exxon CEO: Oil Shock Not Fully Felt Yet
  
  Exxon Mobil Chairman and CEO Darren Woods said Friday that the oil market has not yet absorbed the full supply shock from the war in Iran and the closing of the Strait of Hormuz, warning that prices will climb further the longer the waterway stays shut.
• Apple Leads Wall St to More Records as Oil Pulls Back
  
  The U.S. stock market rose to more records after Apple, Estee Lauder and others joined the list of companies delivering fatter profits for the start of the year than analysts expected.
• Pentagon Makes Deals With 7 Tech Firms for AI on Classified Systems
  
  The Pentagon said Friday that it has reached deals with seven tech companies to use their artificial intelligence in its classified computer networks, allowing the military to tap into AI-powered capabilities to help it fight wars.Google, Microsoft, Amazon Web Services,...
• US Oil Executives Rush Back to Venezuela
  
  U.S. oil executives are streaming into Venezuela, signaling a dramatic shift in sentiment as rising crude prices and political changes reopen one of the world's largest energy reserves to foreign investment.
• Trump Still Mulling Taxpayer-Funded Deal for Spirit
  
  President Donald Trump on Friday said he's still weighing a taxpayer-funded takeover of Spirit Airlines.
• Fed Could Hike Rates If Price Shocks Intensify
  
  A key U.S. Federal Reserve official warned Friday that a series of interest rate hikes could be needed if price shocks from the Middle East war are larger than expected, fueling inflation.

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