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Strait solution OPEC+ agrees to boost oil output when Strait of Hormuz reopens
The war has effectively shut the Strait of Hormuz since the end of February and cut exports from OPEC+ members Saudi Arabia, the United Arab Emirates, Kuwait and Iraq.
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Biggest winemaker in the US launches Hail Mary attempt to salvage crumbling empire after mass layoffs
Major California wine manufacturer E. & J. Gallo Winery acquired a bourbon brand based in Kentucky in a deal reportedly worth up to $775 million.
Global financial platform Marex moving to Lexington Ave
Global financial platform Marex is on the move. The firm will leave 2 Grand Central Tower for Rudin’s 560 Lexington Ave., where it will have 39,552 square feet. The asking rent was $84 per square foot. Marex was represented by JLL’s Matthew…
Automakers trade group urges government to scrap gas tax, replace it with vehicle weight fee
The Highway Trust Fund is projected to reach insolvency in 2028, facing a potential 46% spending cut.
Veteran ’60 Minutes’ reporter rips program as cutthroat, toxic workplace: ‘I hated it’
“You’re dodging the shivs every time you go in… somebody wants to kill you,” Steve Kroft said of working at “60 Minutes.”
Kevin Warsh needs to be confirmed as Fed Chair in order to avoid an economic shutdown
Kevin Warsh would like to start as Fed chairman yesterday, but his nomination as the head of the central bank remains in limbo.
Online attacks and Luigi Mangione-inspired death threats in ugly brawl to build California AI megaproject
The defamation lawsuit, filed by Imperial Valley Computer Manufacturing and its attorney, Sebastian Rucci, claims nonprofit Comite Civico del Valle (CCV) is attempting to stall the data center project in a bid to force a financial settlement.
Elon Musk makes unusual demand to Wall Street banks working on blockbuster SpaceX IPO
SpaceX boosted its target initial public offering valuation above $2 trillion, according to Bloomberg.
Ex-WWE employee shares shocking new details in sex abuse lawsuit against Vince McMahon
A former WWE employee has shared grim new details of allegations against the organization’s co-founder Vince McMahon in a filing in her sex abuse lawsuit against him.
Judge rejects DOJ bid to unblock subpoenas targeting Fed’s Jerome Powell in biting opinion
A US district judge on Friday denied the Trump administration’s request to reconsider the legality of two subpoenas targeting the Federal Reserve, after he blocked them last month.
Here’s how much an Easter basket will cost you as food inflation remains ‘staggering’
The Easter Bunny is hopping off with your bucks.
How fuel-related surcharges could raise prices, hammer businesses: ‘this might be the final straw’
Experts are warning surcharges could raise prices on some goods and send smaller companies out of business, The Post has learned.
Apple’s fitness chief who joked to employees about sleeping with Olympic skier retires: report
Jay Blahnik, 57, who served as Apple’s vice president of fitness technologies, allegedly joked about sleeping with Olympic skier Ted Ligety.
Paramount president Jeff Shell negotiates exit after accusations of leaking secrets: report
Shell is negotiating his exit less than a year after becoming president of the newly merged Paramount Skydance, the Status newsletter reported.
SpaceX in talks with Saudi Arabia’s Public Investment Fund about potential $5B investment in IPO: report
The additional investment would help prevent any dilution of the sovereign wealth fund’s stake in SpaceX when the company goes public, Reuters reported, citing sources familiar with the matter.
Car site Edmunds tests a $25K Chinese hybrid SUV — and issues warning to US automakers: ‘Technology is terrific’
While Chinese cars are effectively banned in the US, Edmunds wanted to test one because of growing US consumer interest in the affordable, feature-packed vehicles.
What a little-noticed bond offering reveals about Harvard’s war with Trump
Th Ivy League university is planning to borrow $675 million amid lackluster returns.
Why prediction markets are attracting the interest of Wall Street — and law enforcement scrutiny
Prediction market volume is soaring; monthly trading volume is now $20 billion, up from just $1.2 billion in 2025.
Meta lays off hundreds as tech giant pushes forward with AI investment
The Facebook parent company will cut nearly 200 workers in the Bay Area, according to newly surfaced state filings.
US employers add 178K jobs in March in stronger-than-expected report
Hiring in March was surprisingly strong, signaling the labor market was stabilizing early on in the Iran war.
It’s not just Florida and Texas threatening NYC’s sputtering tax base — another big worry is coming
Prospective investors in the city’s current and future debt note there will likely be less of a population to tax.
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