Business

Chipotle launched a new Cilantro Lime Sauce across U.S. and Canada and says it will be available for a limited time while supplies last.

Minnesota Gov. Tim Walz proposed a tax on social media platforms with more than 100,000 monthly users to raise revenue for workforce training and programs for workers affected by AI-driven job shifts.

Federal Reserve Governor Christopher Waller said he is cautious about current conditions but still sees the possibility of policy rate cuts later this year, citing labor market developments and uncertainty around the war with Iran.

The article reports Nvidia's shares have moved largely sideways recently despite a more than 800% rise from end-2022 through 2024, and investors are watching the company's GTC conference in San Jose for updates on its data-center roadmap and AI revenue outlook.

The Federal Housing Finance Agency proposed updates allowing Fannie Mae and Freddie Mac to accept actual cash value roof coverage and simpler deductible rules for condos, which the agency says should help more buildings qualify for mortgages and reduce some owners' insurance costs.

Reports say Iran struck energy facilities in the Gulf, and Brent crude briefly rose toward $119 before retreating to about $108 a barrel.

Kuwaiti officials reported Iranian drone strikes at the Mina Al-Ahmadi refinery that sparked a fire, and Israeli strikes on Iran’s South Pars gas field were followed by explosions over Tehran.

Sources say Tesla is negotiating to purchase about 20 billion yuan ($2.9 billion) of equipment for solar panel and cell manufacturing from Chinese suppliers, including Suzhou Maxwell. Some items, reportedly including screen-printing lines, will require Chinese export approval and deliveries were said to be requested before this autumn.

Multiple energy facilities across the Gulf have been struck, with some operations suspended and fires reported under control; maritime transits through the Strait of Hormuz have fallen sharply.

A 59-year-old with $930,000 in a 401(k) could potentially retire now, but the article notes she would need to cover living expenses, taxes and health care until Social Security or Medicare begin.

Baker Hughes will provide maintenance, repairs and engineering advisory services for up to 64 aeroderivative gas turbines supporting about 19 FPSOs and the Replan refinery; work began in February 2026 and will be delivered from the company's service center in Petrópolis, Rio de Janeiro.

Labor leaders in Alameda County launched the "Oakland and Alameda Living Wage for All Campaign" and plan to file initiatives for the November ballot that would raise the county minimum wage to $30 an hour. Supporters cited MIT Living Wage estimates showing higher local living costs as a reason for the proposal.

Three new tree farm licences covering about 52,000 hectares in Clayoquot Sound will be managed by the Ahousaht, Hesquiaht and Tla-o-qui-aht First Nations under an agreement with the provincial government, MaMook Natural Resources and financial support from Nature United.

Uber plans to invest up to $1.25 billion in Rivian to support deployment of as many as 50,000 Rivian R2 robotaxis through 2031, with an initial $300 million tranche expected subject to regulatory approval.

South Florida was placed in Buffalo for the NCAA tournament, a return home for coach Bryan Hodgson, and the Bulls will face Louisville on Thursday at 1:30 p.m. ET.

Chief Justice John Roberts said artificial intelligence will change legal work and could make early-career roles tougher, and he described being "completely befuddled" when his son used AI to create a song about their dog.

Cuba's energy ministry reported a reported 'complete disconnection' of the national grid after weeks of blackouts, leaving many areas with limited power and strained services; officials link the shortfall largely to halted oil shipments and reduced domestic production.

Vaxcyte announced that The Lancet Infectious Diseases published Phase 1/2 data showing VAX-31 was well tolerated and produced robust immune responses in adults 50 and older; the high dose met non-inferiority for 20 shared serotypes and superiority for 11 additional serotypes, and VAX-31 is now being evaluated in the OPUS Phase 3 adult program.

Shore Capital is under contract to buy a 47-acre Amtrak rail yard in Chicago's South Loop; the White Sox have discussed pursuing a new stadium and their lease for Rate Field expires after the 2029 season.

The Federal Reserve left its benchmark rate unchanged; Treasury yields and mortgage rates rose amid Middle East tensions while credit card APRs have remained just under 20%.

A Pew analysis and related reporting show baby boomers hold the largest share of U.S. wealth and had higher median net worth at similar ages than earlier generations; that wealth is unevenly distributed. The article outlines factors that helped boomers build wealth and summarizes financial headwinds and strengths for Gen X, millennials and Gen Z.

The article cites an average credit card rate near 21% and estimates roughly $2,100 in annual interest on a $10,000 revolving balance; it also reports mental-health and credit-score impacts and lists balance transfers, personal loans, and nonprofit counseling as options.

The article reports that prediction market platforms have begun offering sports-related event contracts that resemble wagers, and it says the Commodity Futures Trading Commission has been criticized for its handling of those platforms.

Officials said Cuba's national grid was reconnected and its largest oil-fired plant was restarted, ending a blackout that lasted more than 29 hours. Energy officials warned generation remains below demand and Cuba and the United States have opened talks to address the crisis.

Asian markets were mostly higher while oil prices eased, even as Iran carried out multiple attacks in the Gulf region and near Israel.

Several Texas cities have canceled Cesar Chavez Day events after the United Farm Workers announced it would not take part amid newly surfaced allegations about Cesar Chavez; organizers say details of the claims remain unclear.

Israeli officials reported two people were killed and several others wounded after a latest Iranian missile barrage; emergency and military teams are operating at multiple impact sites.

Miral, the Abu Dhabi operator, says the Disneyland Abu Dhabi resort remains planned and its CEO Mohamed Al Zaabi sent a congratulatory message to Disney's incoming theme park chairman. The article notes regional security tensions have disrupted events and travel but Miral says it remains committed to the project.

The NFL Players Association elected former president JC Tretter as executive director during its annual board meeting, returning a familiar leader after leadership controversies last year.

A $4.3 billion LG Energy Solution plant in Lansing will produce prismatic battery cells for Tesla, with production expected to begin in 2027.