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U.S. flags at the Washington Monument, the dome of the U.S. Capitol can be seen in the background. Sebastian Gollnow | Picture Alliance | Getty ImagesControl of the U.S. Senate in this year’s midterms remains a tossup just over six months from election day, according to traders on prediction markets platform Kalshi. Traders give both Republicans and Democrats a 50% chance of winning control of the upper chamber. While traders have Democrats as favorites to flip control of the House of Representatives, odds in the Senate have narrowed in 2026. Republicans saw their odds of maintaining their majority fall from 67% on January…
More states join legal challenge to Nexstar, Tegna merger Source link
One idea the team floats is that zinc and manganese are limited resources, so scorpions can only reinforce the most critical parts of the stingers instead of spreading the metals across their entire exoskeleton. Going deeper into the reasons behind what appears to be a design flaw in an otherwise neatly built stinger is one thing Campbell wants to focus on in the future. But the team thinks there’s more to learn. “We were using museum specimens, and we only picked one from each species,” Campbell said. The downside of this approach is that the study did not capture variations…
Exxon Mobil CEO Darren Woods warned Friday that the market has not absorbed the full impact of the unprecedented oil supply disruption triggered by the Iran war and the closure of the Strait of Hormuz. The disruption has been mitigated by the large number of loaded oil tankers that were in transit during the first month of the war, Woods told investors on Exxon’s first-quarter earnings call. Strategic petroleum reserves have also been released and commercial inventories drawn down, the CEO said.One of these supply sources will become exhausted as the conflict goes on, Woods said. Oil prices will then…
Forefront Tech closes $100 million IPO on NASDAQ Source link
Amazon’s cloud customers will need to wait several more months before the US tech company can repair war-damaged data centers and restore normal operations in the Middle East. The announcement comes two months after Iranian drone strikes targeted three Amazon data centers in the United Arab Emirates and Bahrain—meaning that full recovery from the cloud disruption could take nearly half a year in all. The Amazon Web Services (AWS) dashboard posted an April 30 update describing how its UAE and Bahrain cloud regions “suffered damage as a result of the conflict in the Middle East” and are unable to support…
There is still solid income to be had in bonds these days, but investors may also want to focus on those that are tied to the real economy, according to BlackRock’s recent spring outlook. While stocks rose and bond yields held steady on Friday to start the new month and new quarter, the market has been rocked by volatility this year. The Iran war and concerns about inflation, as well as fears over artificial-intelligence disruption, have weighed on investors. The 10-year Treasury had dipped below 4% just before the start of the Mideast conflict but is now closer to 4.35%.…
Spirit Airlines prepares to shut down operations overnight, sources say Source link
“Today, we led the nation protecting women, children, and everyone in public life from the harm caused by AI nudification technology,” Maye Quade said. “Companies that make this technology available for free online and in app stores will no longer be allowed to enable predators who abuse and victimize adults and children with the click of a button.” Celebrating the law’s passage, Maye Quade thanked “the victim-survivors who made this bill a reality.” “They have shared their story in committee, with reporters, and with law enforcement with dignity and courage,” she said. “Their power, brilliance, and advocacy is why we…
Federal Reserve officials who voted this week against the post-meeting statement said they didn’t think it was appropriate to signal that the next interest rate move would be lower.Regional presidents Neel Kashkari of Minneapolis, Lorie Logan of Dallas and Beth Hammack of Cleveland released statements explaining their votes, offering similar rationale regarding the verbiage in the statement — but not over the decision to keep a hold on rates form their current position.Kashkari said the statement contained “a form of forward guidance about the likely direction for monetary policy. Given recent economic and geopolitical developments and the higher level of…