U.S. judge upholds block on subpoenas to Fed’s Powell, teeing up likely appeal

A U.S. judge upheld block on subpoenas to Fed’s Powell, teeing up a likely appeal.
U.S. fighter jet downed in Iran, search is on for crew, official says

It is unclear if the plane was shot down or went down for another reason.
The cost to fly private is up as much as 20% with fuel prices soaring

Deep-pocketed travelers are less likely to get priced out as airfares rise, but they have to navigate unexpected fees related to the Iran war and rising fuel costs.
Meta, Google under attack as court cases bypass 30-year-old legal shield

Internet platforms have long been able to rely on special protections to avoid liability for what takes place on their sites. But that may be changing.
Trump is calling for a major increase in defense spending alongside cuts in domestic spending

President Donald Trump is asking Congress to boost defense spending to $1.5 trillion, the largest such request in decades, according to his budget request.
U.S. payrolls rose by 178,000 in March, more than expected; unemployment at 4.3%

Nonfarm payrolls were expected to increase by 59,000 in March, with the unemployment rate holding at 4.4%.
‘Chasing vibes’ — OpenAI’s M&A strategy gets more confusing with TBPN purchase

Over 10 months after shelling out an eye-popping $6.4 billion for Jony Ive’s nascent devices startup, OpenAI announced it’s buying media company TBPN.
United unveils basic Polaris business fare in premium cabin overhaul

United is overhauling its fare classes, offering cheaper business class and premium economy fares that are more restrictive.
One year of ‘TACO’: How the trade has fared since ‘liberation day’

Since “liberation day,” betting on the “Trump Always Chickens Out” theory has been a way to win in the market.
Investors are waiting for a better place to step in after this week’s bounce. Here’s what’s ahead

There is still a sizeable camp that warn against trading this moment, saying saying equities have to consolidate further before this chapter closes.