Writing the summary…
How record diesel prices will rip through the U.S. economy. Trucks, rails are only the start
Source: CNBC
Original reporting
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CNBC
Stocks stage a comeback after Fed-induced declines — plus, what's ailing Boeing
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.
CNBC
Oil prices fall as Saudi Arabia reportedly offers more crude via Hormuz after pipeline attack
Oil prices fell as additional Saudi crude supplies eased concerns over disruptions to the kingdom’s exports.
CNBC
AI needs to have 'reasonable guidelines,' Palantir's Karp tells CNBC
Palantir CEO Alex Karp called for "reasonable guidelines" on artificial intelligence regulation as tech and policy leaders deliberate over the technology.
CNBC
Netflix content chief Bela Bajaria defines event strategy as streamer eyes more live sports
Bajaria said Netflix would be open to a package of international NFL games if one becomes available when the league renegotiates its media rights agreements.
The Guardian
‘I feel invisible’: over-50s reveal harsh realities of trying to get a job
Candidates describe feelings of rejection after submitting hundreds of applications but getting a handful of interviews Hundreds of job applications, exhausting searches and relentless rejection – the experience of attempting to get back into the workforce after losing their jobs in their 50s and 60s has proved an ordeal for some Britons. For some, those efforts prove fruitless and lead jobseekers to reluctantly take early retirement. Others may have to rely on benefits to pay the bills while they continue to job hunt. Continue reading...
The Guardian
The Bank of England is shaking up its bond sales – why does it matter?
What the plan to sell £146bn in gilts back to the Treasury means for the public finances Bank of England holds interest rates Burnham’s talk of ‘breathing space’ at odds with reality of future rate rises Mixed in with the Bank of England’s decision on Thursday to hold interest rates at 3.75% was a surprise announcement that it was shaking up its programme of quantitative tightening. So why is this apparently arcane change to QT important, and what does it mean for the public finances? Continue reading...