Author: Editor-In-Chief
Oil tankers remain on alert navigating the Strait of Hormuz after Iran declared it would open its sea lanes to commercial ships on Friday, video footage showed. Oil futures contracts fell on Friday as markets interpreted the Iranian government’s announcement as a major step forward in easing major disruptions to global energy supplies. US benchmark, west texas intermediate crude oil It fell 12% on Friday to $83.85 per barrel. brent crude oil futures It ended the day down 9%. But statements from Iranian officials and President Donald Trump have created confusion about whether the strait is truly open. Iranian Foreign…
CNBC’s Jim Cramer announced his game plan for the week ahead Friday after what he called one of the most “remarkable” rallies he’s ever seen.”If you don’t believe we have another week of 3% gains, you’re right,” Cramer said. “Peace seems to be happening in the Middle East, which actually rose 4% thanks to today’s huge move.”The major averages soared on news that Iran has reopened the Strait of Hormuz, a key artery for global oil shipments, during the ceasefire between Israel and Lebanon. of Dow Jones Industrial Average increased by 869 points (1.7%). S&P500 and Nasdaq They rose 1.2%…
The measure has long been criticized for allowing U.S. intelligence agencies to collect data on citizens without a warrant.Published April 17, 2026April 17, 2026Congress has temporarily extended a controversial surveillance law that allows federal intelligence agencies to collect data on foreign nationals, including their contacts with U.S. citizens.This measure allows the provisions of the Foreign Intelligence Surveillance Act (FISA) to continue until April 30th. The short-term extension passed the House of Representatives on Friday and was approved by the Senate.Recommended stories list of 3 itemsend of listThe patch came after President Donald Trump’s efforts to secure a more permanent extension…
At a trendy venue near the San Francisco Pier, Sam Altman’s testing project World celebrated its next evolution and rapid expansion of its ambitions. And it starts with Tinder. Tools for Humanity (TFH), which powers the World project, on Friday announced plans to integrate its verification technology into dating apps, event and concert ticketing systems, business organizations, email and other areas of public life. “The world is moving toward very powerful AI, and AI is doing a lot of great things,” Altman told a packed crowd at Midway. “We are also moving towards a world where more things are generated…
Lawyers for President Donald Trump are seeking a settlement with the Department of Justice over the president’s $10 billion lawsuit against the Internal Revenue Service (IRS), according to a court filing.But critics say the problem is that such a settlement would leave Trump negotiating with an executive branch that is effectively under his control.Recommended stories list of 3 itemsend of listBut Friday’s court filing emphasized the efficiency of seeking a settlement.In the document, Trump’s lawyers ask for a 90-day pause on the case to allow for a resolution.“This limited suspension will not prejudice any party or delay final resolution,” the…
George Russell said he didn’t have the same complaints as his rivals about the last era of F1 cars because Max Verstappen was “winning”, but admitted the four-time world champion would “understand” leaving the sport.Verstappen’s future beyond this season is currently uncertain, with the Red Bull driver vocally criticizing the new regulations for 2026 and the impact of the 50/50 split between combustion engines and electricity on his driving. The Dutchman dropped his strongest hint yet that he is considering retiring this year after his final race in Japan last month. During Mercedes’ media session during the five-week hiatus before…
Celebrity investor Michael Varley is re-entering depressed software stocks, believing the recent decline in stocks is due to technology rather than deteriorating business fundamentals. The “Big Short” investor said in a post on Substack on Wednesday that a “reflexive positive feedback loop” between declining stock prices and stress on bank debt associated with software companies has helped accelerate the decline in stocks, and he now sees it as a buying opportunity. “I don’t think the technical pressures brought on by private credit and software debt issues will be large enough to impact these stocks long term,” he said. The return…
The main demand signals for artificial intelligence look explosive on paper, but they may be significantly exaggerated. By pricing its tools to match that reality, Anthropic could be the best-positioned AI company with an adjustment.Tokens are the basic unit of AI usage, the words and characters that make up both the queries that users submit and the output models that are generated. Chatting with the AI consumes hundreds of tokens per paragraph. With Agentic AI, models write code, browse the web, execute multi-step workflows, and execute thousands of additional workflows per session. Using Anthropic’s latest model rates, an input (prompt)…
The ruling marks a defeat for the Trump administration, which has sought access to state voter data ahead of the U.S. midterm elections.Published April 17, 2026April 17, 2026A federal judge in the United States has dismissed a Justice Department lawsuit seeking access to Rhode Island’s voter data.Friday’s decision was the latest defeat for President Donald Trump’s administration, which has sought access to voter data in dozens of states across the country.Recommended stories list of 3 itemsend of listIn her ruling, U.S. District Judge Mary McElroy sided with election officials and civil rights groups, writing that the Justice Department did not…
Liverpool appear to have been “wise” to sign two centre-forwards this summer, according to Arne Slott, who helped Hugo Ekitike come back stronger than ever from his “catastrophic” injury.The Liverpool striker will miss the remainder of this season and the World Cup with France and could also be forced to miss a significant part of next season after rupturing his right Achilles tendon in Tuesday’s Champions League defeat to Paris Saint-Germain. The timing of Ekitike’s injury was unfortunate for Slot, as Alexander Isak had just returned from his own lengthy layoff. The summer signing made his first start since December…