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Powell warns of ‘new inflation’ from the Iran conflict as gas prices jump 30%

The energy crisis is going to hit you in your 401(k) as well as in your gas tank if Jerome Powell is right.

The Iran conflict might take as long as the 2022 ‘oil shock’ to blow over: TS Lombard

Returning to business as usual in the global oil market might now take months — not weeks — to achieve, according to TS Lombard.

I asked ChatGPT for its March Madness picks. It went haywire.

But for first-round upsets, the big AI platforms have some hot tips

Powell delivers his most definitive answer yet on how long he’ll stay on as Fed chair

Federal Reserve chair Jerome Powell said on Wednesday that he will stay on as “chair pro tem” if his successor Kevin Warsh is not confirmed by mid-May when Powell’s term expires.

Netflix more likely to raise prices with Warner Bros. deal out of the way, Citi says

Netflix is in a better position to raise subscription prices now that it is out from under the shadow of M&A and regulatory scrutiny, Citi analyst Jason Bazinet says

Wave of sports-betting scandals proves the need for an independent watchdog to protect a $165 billion market

As indictments mount, the gaming industry faces a trust deficit with fans and stock investors that only an integrity commissioner can fix.

Treasury market flashes sign of growing stagflation risks

A worrisome trading pattern in the roughly $30 trillion Treasury market points to concerns about the economy and inflation.

Lumentum’s new revenue forecast further fuels one of the market’s hottest stocks

The company is targeting a massive $2 billion quarterly revenue run rate within two years, driven by increasing demand for optical solutions for advanced AI workloads.

Why Starbucks’ expensive revamp might not win over a younger crowd

Efforts such as adding comfier seats at Starbucks stores might not work with younger customers, RBC analysts say.

Swarmer’s stock surges 1,100% in two days, underscoring fervent demand for drones

Defense-technology stocks have been hot in recent months, and now investors are pouring into Swarmer shares following this week’s IPO.

The true value of Kalshi’s ‘$1 billion’ March Madness prize? To you, 8 cents.

The odds of picking a perfect bracket are somewhere around 6.5 billion to 1.

The 6 biggest changes to Social Security over the past 20 years that affect how much money you’ll get in retirement

Maximum benefits are up 103%, but dark days loom.
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