Oil rises, stocks fall as Trump fails to ease fears about war economy – The Boston Globe

Gasoline prices have topped $4 a gallon since the start of fighting in the Middle East.

Comments: Oil prices rose after Trump’s speech, with Brent rising to $110 a barrel after briefly falling to $99 on Wednesday on hopes that he will soon make a deal with Iran. Stocks fell overnight in Asia and Europe, and opened higher in early trading in New York on Thursday. Stocks later rallied and ended … Read more

Ford’s Jim Farley has long warned that America is losing its ‘vital economy’ as AI eats up jobs. Goldman Sachs has receipts | Good luck

Ford's Jim Farley has long warned that America is losing its 'vital economy' as AI eats up jobs. Goldman Sachs has receipts | Good luck

America’s AI vision may be undone not by a lack of money or computing power, but by a shortage of electricians. It is an agreement between two different titans of the Fortune 500: Ford CEO Jim Farley, who has spent years lamenting the crisis in what he calls the “essential economy,” and Goldman Sachs, which … Read more

April Fools for America First? High Prices and a New War | Everyday Economics

April Fools for America First? High Prices and a New War | Everyday Economics

If April Fools have a patron saint in politics, it might be the candidate who promises lower spending and less war, then delivers the opposite of both. Just a few months into his second term, the gulf between Donald Trump on the campaign trail and Donald Trump in office has become hard to ignore. These … Read more