Business Update

The price for a gallon of regular gasoline has jumped more than 20 cents this week. Diesel prices rose to their highest level since April 2024. Source link

The deal between All3Media and Banijay will bring together the companies behind the “Peaky Blinders” and the “Traitors” franchises. Source link

Treasury Secretary Scott Bessent predicted that overall tariff rates, which fell after a Supreme Court ruling last month, would be back to previous levels within five months. Source link

Beth M. Hammack, head of the Federal Reserve Bank of Cleveland, says it is too early to gauge the economic impact of the Iran war and backs holding interest rates steady for “quite some time.” Source link

The U.S.-Israeli war with Iran has paralyzed the strait, a vital shipping lane for energy and commerce, putting global investors on edge. Source link

The deal would put the combined company in the same league as Disney and Amazon. But Netflix and YouTube will still easily outrank everyone. Source link

Beth M. Hammack, head of the Federal Reserve Bank of Cleveland, says it is too early to gauge the economic impact of the Iran war and backs holding interest rates steady for “quite some time.” Source link

Stocks in Asia sank on Wednesday, led by sharp declines in South Korea, as the war in Iran raised concerns about spiraling energy costs. Source link

Beast Industries has acquired a banklike app for young people and could eventually offer a variety of financial services, including crypto. Source link

A huge number of Indians split their lives across the Arabian Sea — remitting $125 billion a year, supporting their families and the Indian economy. Source link