Oil prices have increased significantly in market trading due to recent attacks in the Middle East. The disruptions were triggered by US and Israeli attacks on Iran, as well as retaliatory strikes against Israel and US military installations in the Gulf region. As a result, the global energy supply chain has been impacted, leading to higher oil prices. This development has significant implications for the global energy market. The attacks have created uncertainty and instability in the region, affecting oil supply and demand. According to NPR Business, the situation is being closely monitored as it continues to unfold.

The grandson of the creator of Reese's Peanut Butter Cups has initiated a campaign against The Hershey Company, the owner of the Reese's brand. His goal is to persuade the company to stop reducing the quality of its ingredients, a practice known as "skimpflation." The campaign aims to address concerns over the company's use of cheaper alternatives in its products. The issue has sparked a debate about the impact of skimpflation on consumer preferences and product quality. The Hershey Company has not publicly responded to the campaign. The effort is gaining attention as a notable example of a consumer advocacy campaign led by a prominent figure with a personal connection to the brand.

The US Supreme Court has struck down many of President Trump's tariffs, paving the way for importers to receive refunds. However, the ruling has created uncertainty about the refund process and timeline. To help importers navigate this situation, hedge funds are now offering assistance, providing an option for importers to receive their refunds sooner. This development is unfolding as importers await guidance on the refund process following the court's decision. The Supreme Court's ruling has significant implications for importers who have been affected by the Trump-era tariffs. Importers are now exploring options to receive their tariff refunds in a timely manner.

US Customs is developing a system to refund tariffs to importers. The goal is to create a streamlined process that can be completed within 45 days. This new system aims to eliminate the need for individual lawsuits, providing a more efficient way for importers to recover their money. According to US Customs, this process is currently in the works. The development of the system was announced to the trade court. This change is intended to simplify the refund process for importers.

Oil prices have surged to their highest level since 2023, driven by the ongoing conflict in Iran. This increase in oil prices has been accompanied by a decline in the stock market, following a weaker-than-expected update on the US job market. The combination of these factors has resulted in Wall Street's worst week since October. The US jobs report appears to have had a negative impact on the stock market, leading to a drop in stocks. Overall, the current market trends are being influenced by both geopolitical events and domestic economic data.

President Trump met with CEOs from major defense companies, including BAE Systems, Lockheed Martin, and Boeing, to discuss increasing production of advanced weaponry. The meeting, which was attended by seven companies in total, resulted in an agreement to quadruple production of 'Exquisite Class' weaponry. The companies involved, also including Northrop Grumman, RTX Corp., Honeywell Aerospace, and L3Harris Missile Solutions, are key players in the US defense industry. Trump announced the agreement, but details of the plan were not provided. The goal of the meeting and agreement is to boost production of advanced weaponry. The development aims to enhance the US defense capabilities.

The Trump administration has introduced a $20 billion reinsurance program for oil tankers, amid the ongoing Iran conflict. The program aims to support oil tankers operating in the region, where the conflict has significantly disrupted oil transportation. Tanker traffic through the Strait of Hormuz, a key oil transportation route, remains halted due to the conflict. The reinsurance program is intended to mitigate some of the risks associated with navigating the area. The situation in the Strait of Hormuz remains uncertain, with no indication of when tanker traffic will resume. This move is a response to the continued impact of the Iran war on the region.

Cloud vendors are letting customers know that Anthropic's popular AI tools can still be accessed after the Department of Defense blacklisted the company.

Some Americans are using AI chatbots for therapy. Mental health experts share when it is, and isn't, safe to use those tools for emotional support.

Raising emotionally intelligent kids starts with everyday conversations at home, says child psychologist Reem Raouda, who has studied over 200 kids. Here are some questions parents can use to get started.

The skilled trades are considered more insulated from AI-driven job cuts, experts say.

New age-verification laws and tools are designed for child safety on social media and the internet, but adults are in the crosshairs, say privacy experts.

as oil has jumped to over $90 since the war began in Iran. Gas prices have spiked in the U.S.

Bahrain and the United Arab Emirates report more strikes on civilian targets as U.S.-Israeli attacks on Iran continue.

President Trump's campaign promise to eliminate taxes on overtime has been implemented, but its execution has proven more complex than expected. The new rule, now in effect, includes various caveats and fine print that are causing confusion among taxpayers and companies during this filing season. As a result, some workers are finding that the rule's benefits may not be as straightforward as they had anticipated.

Rising energy prices, snarled supply chains and higher government debt could all hurt American consumers.

The company said that the move, if approved, would allow it to offer more products to American customers as it seeks to grow globally.

The Pokémon Company has objected to the White House's use of its intellectual property in political memes. According to the company, no permission was granted for this use. The Trump administration has been known to promote its policies using content from video games, including Pokémon.

Surging oil prices suggest that the increases will continue. The price of a gallon of gasoline hits its highest level in a year and a half on Friday.

One inmate, who hired lobbyists and lawyers with ties to the president, was able to walk free after doing so. The pardon industry has emerged as a means for wealthy offenders to potentially secure a path to clemency through connections to President Trump's team. This has led others to follow a similar blueprint, seeking out professionals with connections to the president's team in hopes of securing a pardon.

Sales and traffic at restaurant chains like Cava, Chipotle and Sweetgreen are falling, as customers grow tired of both salad bowls and their rising price tags.

European stock indexes fall again, ending a turbulent week for markets.

The situation is unfolding amidst heightened tensions in the Strait of Hormuz, a critical oil transportation route. Tensions with Iran have led to increased gasoline prices, posing a challenge to President Trump's campaign promise to lower costs for Americans. The recent escalation of the Iran conflict has driven up the cost of gasoline, contradicting Trump's pledge to reduce prices.

A new report looks at course “shutouts,” which can add to the time and cost of getting a degree.

The threat of prolonged attacks on oil tankers and other vessels is giving Iran an advantage, analysts say.