United States · Business
Same event, multiple sources, transparently cited.
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Exxon CEO warns Iran war and Hormuz closure will raise oil prices and reduce output
Exxon Mobil CEO Darren Woods said lasting closure of the Strait of Hormuz will sharply cut production and drive oil prices higher amid ongoing supply disruptions.
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Netflix's 'Beef' puts a $5,000 deductible in the spotlight
Netflix's 'Beef' season 2 has sparked attention on high health insurance deductibles in the US.
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Strait of Hormuz tensions tighten U.S. lending standards as scores hold steady
U.S. lenders are tightening loan approvals after Strait of Hormuz disruption, even as consumer credit scores stay steady, a report said.
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Spirit Airlines shuts down, causing 17,000 job losses and disrupting travelers
Spirit Airlines ceased operations overnight after failing to secure funding, leaving 17,000 workers jobless and stranding passengers nationwide.
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Zoom Communications cuts paid parental leave amid rising healthcare costs
Zoom Communications cut paid parental leave for birthing and non-birthing parents in May 2026 as employers face rising healthcare costs.
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CNBC says markets may turn volatile around Fed chair transition
CNBC reported that investors are bracing for a Fed leadership change as the central bank kept rates unchanged Wednesday.
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Markets Warned of Recession Risk as Iran Conflict Drives Oil Prices Above $110
A market intelligence chief warned investors of a looming recession as Iran war triggers a surge in oil prices above $110 per barrel.
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Tillis drops block on Kevin Warsh Fed chair confirmation
Sen. Thom Tillis said he will no longer block Kevin Warsh's confirmation as Federal Reserve chair after the DOJ ended its Powell probe.
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Trump Energy Department approves major carbon removal projects originally backed by Biden era
The Trump Energy Department advanced 10 carbon removal projects, including two large hubs in Texas and Louisiana, in April 2026.
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Gallup: 55% of Americans say their finances are getting worse
Gallup said 55% of Americans think their financial situation is getting worse, the highest level in 25 years.
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American CEO age rises to 61, study says
American CEOs now average 61 years old, up from about 51 two decades ago, according to a study published April 28. [s1]
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Iran Can Sustain Oil Production for Months Despite U.S. Blockade, Sources Say
Iran retains extra storage and tanker access to continue oil exports despite U.S. blockade, according to reports and officials.
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Elon Musk sues Sam Altman over OpenAI's shift to for-profit model
Elon Musk filed a lawsuit against Sam Altman challenging OpenAI's change from non-profit to for-profit.
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Trump meets oil executives at White House to discuss Iran war and blockade impact
President Trump and officials met with oil executives to discuss energy fallout from the Iran war and possible extended blockade.
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Fed holds rates steady as four officials dissent in rare split
The Federal Reserve kept its benchmark rate at 3.5% to 3.75% and drew 4 dissents, the most since 1992.
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Powell says he will stay on as Fed governor after chair term ends
Jerome Powell will remain a Federal Reserve governor after his chair term ends on May 15, blocking an immediate Trump appointment.
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NTT Data signs carbon removal credit deal with Climeworks
NTT Data agreed to buy carbon removal credits from Climeworks to help meet its climate targets.
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Brent crude hits $126 per barrel amid Iran war supply fears
Brent crude oil briefly topped $126 per barrel on April 30 as supply fears from the Iran war roiled markets.
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Four Fed officials dissent over rate cut signal, challenging Kevin Warsh's approach
Four Federal Reserve officials dissented at the April 29 FOMC meeting, opposing hints of imminent rate cuts amid inflation concerns.
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US Sees 14% Rise in New Businesses in March 2026 Amid Solo Founder Surge
The US formed 580,612 new businesses in March 2026, with solo-founded startups rising to 36.3% of all startups by mid-2025.
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Nissan drops EV plans for Mississippi Canton plant
Nissan has abandoned a $500 million plan to build all-electric vehicles at its Canton, Mississippi plant.
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Tesla resumes sales of Chinese-made Model 3 in Canada at lowest price yet
Tesla restarted sales of Chinese-made Model 3 in Canada at $39,490 CAD, nearly half the previous entry price amid tariff cuts.
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Castlery offers tiered Memorial Day discounts and spring sales in 2026
Castlery is running Memorial Day sales in May 2026 with tiered discounts and promo codes for new subscribers and additional savings, Wired reports.
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Ulta offers 20% off 160 brands with promo code BOPIS20
Ulta Beauty is offering 20% off 160 brands through May 7 with promo code BOPIS20.