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Gas prices hit record highs on Friday, as consumers are grappling with soaring inflation. With oil prices still well above $100 per barrel, drivers are unlikely to see much relief at the pump for now. “May is usually when the futures market in gasoline tends to peak. But this May has brought particular mayhem, if you will.” Tom Kloza, OPIS head of energy analysis, told Yahoo Finance. The continuation of the Russian invasion of Ukraine is expected to keep oil prices high, he said. “I think… Source link

Land Rover revealed the newest addition to its lineup, an all-new Range Rover Sport. It’s a cult favorite among the brand’s fans, with the mid-size SUV known more for its street prowess than its performance off pavement. But since it is a Range Rover, it can go off-road if needed with its advanced all-wheel drive system. But the even bigger news is that the new Range Rover Sport, in addition to being offered with mild hybrid, plug-hybrid, and traditional V8 power, will have an all-electric… Source link

Elon Musk and Parag Agrawal.Getty Images Twitter CEO Parag Agrawal hasn’t been active on Twitter since the Musk buy. Agrawal in a thread referenced Twitter’s hiring pause and said he expected the deal to go through. “I won’t use the deal as an excuse to avoid making important decisions for the health of the company,” he wrote. Twitter CEO Parag Agrawal hasn’t been very vocal on his Twitter account since Elon Musk mounted a bid to buy Twitter for $44 billion in late April — but that changed on… Source link

In his latest split from former President Donald Trump, Mike Pence will headline a rally for Georgia Gov. Brian Kemp, a Republican who has remained at odds with Trump since the 2020 presidential election. Pence’s rally with Kemp on May 23 may be his sharpest rebuke yet of Trump. The former vice president has decided to throw his weight behind a bid to win a second term for one of the Republicans whom Trump has blamed in his attempts to overturn the 2020 election results. In addition,… Source link

(Bloomberg) — The week is ending on a higher note for Big Tech on hopes a relentless selloff may be nearing exhaustion. But Friday’s rally can’t completely wipe out a sobering signal from Apple Inc. shares. Most Read from Bloomberg After acting as a ballast for the broader market for most of the year, the stock broke down this week, with losses through Thursday exceeding 9%. Even after Friday’s rebound, Apple is now underperforming the S&P 500 for the year. And this, analysts say, is… Source link

Google will add an AI-based feature to Workspace meant to bolster employee productivity by making it easier to find relevant information. The company plans to launch AI-produced summaries in its chat program Spaces in the coming months, and in the video conferencing app Google Meet next year. Google announced several Workspace features and news about Pixel phones, the Android operating system and augmented reality (AR) at its I/O developer conference this week. The Spaces automated… Source link

High inflation moderated a wee little bit in April, satisfying nobody. President Biden now says fighting inflation is his top priority, but markets don’t seem to believe him. Stocks are manic, gas prices are at new record highs, homes are getting more expensive and something weird is happening in crypto that may or may not spill into the broader economy. Inflation in April was 8.3%, down from 8.5% in March. Okay sure, it went down, not up, great, but economists thought it would drop by… Source link

Giannis Antetokounmpo and the Milwaukee Bucks look to close out the series in Game 6 against the Boston Celtics. It’s hard even to judge who the best team is at this point, and it’s leaving all of these series up in the air. Let’s take a look at this Friday card on Yahoo! Injury Report Core Plays Giannis Antetokounmpo (PF – MIL): $58 The Bucks pulled off one of the biggest wins of the postseason in Game 5, and Antetokounmpo is doing everything possible to repeat right now. The… Source link

When President Biden signed the Bipartisan Infrastructure Law last November, it promised $45 billion to help upgrade America’s spotty broadband infrastructure. This week, administration officials offered more details on how that money will be made available through a new “Internet for All” program that aims to bring high-speed internet to every part of the U.S. “We are going to ensure every American will have access to technologies that allow them to attend class, start a small… Source link

Even for someone who has designs on a career in filmmaking, Gwenna Gentle couldn’t believe it. After sitting on the side of the highway for several minutes during what she thought was a routine traffic stop, Gentle said a sheriff’s deputy in Liberty County, Georgia, got on the charter bus she and her Delaware State lacrosse teammates were riding in and started rambling about human trafficking and drugs. “When he said, ‘What we’re looking for is lost children that are returned to families and… Source link