Author: jobuzo
US stocks sink and oil prices rise as worries about AI, inflation and possible war hit Wall Street
NEW YORK (AP) — U.S. stocks are sinking Friday as Wall Street gets back to hunting and punishing companies that could be made losers by the artificial-intelligence revolution. A surprisingly discouraging update on inflation is also hurting the market, while oil prices climb with worries about tensions between the United States and Iran. The S&P…
FedEx says it will return to customers any refunds it gets back from Trump’s illegal tariffs
NEW YORK (AP) — Delivery company FedEx said in a statement on Thursday that it will return any tariff refund it might get to shippers and customers who paid them. The statement came after FedEx filed suit in the U.S. Court of International Trade to protect its right to a refund for tariffs set by…
