Business Update

America’s vast economic powers are able to wear down an adversary’s economy but are insufficient to topple leaders on their own. Source link

Officials in Tokyo and Berlin said they planned to release oil from their strategic reserves to address disruptions of supplies from the Middle East. Source link

Gas prices don’t move in lock step with crude, usually trailing increases or drops by a few days. Source link

The technology giant’s siding with Anthropic in its fight against the Pentagon stands out in an era when big companies have tended to keep quiet. Source link

Drivers are paying an average of 20 percent more at the pump since the strikes on Iran began. The global oil price was up and stocks in Asia rose. Source link

President Trump again demonstrated his desire to keep the stock markets aloft when he suggested U.S. attacks on Iran could end soon. Source link

In the lead-up to the U.S.-Israeli attack, President Trump downplayed the risks to the energy markets as a short-term concern that should not overshadow the mission to decapitate the Iranian regime. Source link

Whether President Trump signaled that he may soon end the military strikes is weighing on the minds of investors, executives and others. Source link

The Bay Area Rapid Transit system was once so successful, it could rely mostly on riders to sustain itself. But the pandemic dealt BART an unusually heavy blow. Source link

The legislation’s progress is all the more surprising because it addresses an issue that is shaping up to be the main battleground of the midterm elections: affordability. The effort could still stall. Source link