As the weather gets warmer, 7-Eleven is readying for the summer with discounted prices, cold drinks, and loyalty rewards.

On prediction markets, users can bet on anything and everything. But for those swinging big wins, is it just luck? Some users don’t seem to think so.

LinkedIn on Wednesday joined what’s become a near-daily drumbeat of layoff announcements among tech companies.

Threads is rolling out Meta AI, which will provide real-time context when mentioned in a post or reply. Connor Hayes, head of Threads, posted on the app Tuesday about the thinking behind Meta AI’s new feature.

In Seattle, the average price of a gallon of gas is now $5.96, a 30-cent increase from only a month ago and a $1.50 increase from a year ago. 

According to Amazon employees, the company is pushing them to incorporate more and more AI in their workflows. What exactly they should be using it for is less clear, leaving the door open for employees to waste AI resources on unnecessary tasks.

In 2011, Palantir created a combined role for their solutions engineers and integration engineers. The company called this new role “forward-deployed engineers,” or FDEs, for short. An Andreessen Horowitz blog post dubbed the recasting “title arbitrage,” arguing that Palantir had created this new title to signify the important, new capabilities and powers evolving at the company. Put simply: FDEs are people who can sell AI products to businesses while also teaching AI models how to work for said businesses.

China’s Alibaba said that growth accelerated for both its artificial intelligence and cloud businesses in the latest quarter, driven by the AI boom, even though overall revenue rose just 3% to 243 billion yuan ($36 billion).

Cinemark is giving customers a break at the box office this summer. The movie chain that operates over 300 theaters in the U.S. announced that it’s offering a major deal on tickets as part of its Summer Movie Clubhouse program.

You won’t want to miss a chance to look up into the sky tonight, during the early morning hours of Thursday, May 14. Before dawn, stargazers are in for a treat with a rare sighting of the moon, Saturn, and Mars as they form a gorgeous, cosmic triangle in May’s dark sky.

In early 2000, with their company on the brink of failure, Netflix founders Reed Hastings and Marc Randolph flew to Dallas to meet with Blockbuster executives. As the story is told, they offered to sell their company for $50 million and got laughed out of the room. Humiliated, but determined, they built a business that toppled the industry giant. 

Multiple reports this week revealed that General Motors is cutting hundreds of jobs in its IT department—but not with the intent to replace them outright with AI. The layoffs are reportedly impacting about 600 employees, or about 10% of the IT team, and the job cuts are partly designed to allow the company to bring on new employees with specific AI skills. 

Does the high price of gas have you considering a hybrid for your next vehicle? We don’t blame you, especially if you drive a lot. Fortunately, there are lots of hybrids to choose from, and many don’t cost much more than their non-hybrid counterparts. But to recoup the extra cost of a hybrid the quickest and start saving money, we don’t recommend purchasing just any hybrid. The car experts at Edmunds outline four tips that will give you the tools you need to find a hybrid that will maximize your savings.

Anthropic on Wednesday launched Claude for Small Business, a new package of agentic workflows, skills, and connectors designed to automate business tasks common to smaller companies.

The country that gave the world ABBA punches far above its weight in global pop music. In early April, Zara Larsson was the fourth-biggest female artist on Spotify, behind Taylor Swift, Olivia Dean, and Raye. The month prior, Larsson had become the first Swedish artist to top the Billboard Global 200. Her fans were delighted. So were Swedes.

Yeti’s logo is simple: just its name written in an all-caps sans-serif font, placed within a rounded rectangle. But to speak to new consumers, they’re getting rid of the one element that gives it brand recognition.

At least, that’s the message former Road Rules star and current Transportation Secretary Sean Duffy sent by announcing his new reality series as gas hit a national average of $4.49 a gallon.

Standing behind a downtown bar, Evan Duke smiled when he thought about no longer paying federal income tax on the hundreds of dollars in tips he earns on a busy night pouring beers and mixing drinks.

But the 30-year-old said he cannot afford health insurance and worries about how higher costs for rent, food and fuel are affecting him and the patrons who slip cash into the jar at Pearl & Peril.

“It’s kind of messy right now,” Duke said.

Duke’s dilemma is an economic microcosm of Donald Trump’s second presidency. Although the Republican president has tried to put more money in middle-class pockets with tax cuts, the benefits are being eroded as prices keep rising, especially during the war with Iran. The latest numbers, released Tuesday, showed the rate of inflation continued to climb.

It’s a financial tug-of-war shaping people’s lives as they consider the upcoming midterm elections, which will determine control of Congress during the final two years of Trump’s tenure.

All of these economic issues have been center stage in the battleground state of North Carolina and its U.S. Senate race. Michael Whatley, the Republican nominee and former national party chairman, is championing Trump’s tax overhaul. Roy Cooper, the Democratic candidate and a former governor, is panning Trump’s management of the U.S. economy.

Duke, a registered independent, isn’t sure who he’ll support. Like a lot of Americans who vote with their wallets, he expects to decide based on “how things are going at the time.”

“I’ve got to do more research,” he said.

Anthropic has just announced Claude Design, a tool that lets teams generate and iterate visual design outputs through natural-language prompts. On the surface, it’s hard not to like the proposition: competent layout and typography on demand, fewer blank-page moments and faster shipping for everything from landing pages to pitch decks.

Americans paid more for their groceries last month, but high gasoline prices resulting from the Iran war were only one of the reasons why.

Prices for food eaten at home rose 2.9% in April compared to the same month a year earlier, according to government figures released Tuesday. That was the highest year-over-year inflation rate for the category since August 2023.

Prices at restaurants, fast-food chains and other places to get prepared meals also increased, putting overall food prices up 3.2% in the last year, the Labor Department’s consumer price index showed.

Fuel prices have soared while the Iran war prevents cargo ships from passing through the Strait of Hormuz, a vital corridor for global oil supplies. Diesel fuel powers fishing boats, tractors and the trucks that ship 83% of U.S. agricultural products. As of Tuesday, the average price per gallon was up 61% from a year ago, according to AAA.

The meat, produce and dry goods vendors that supply Sparrow Market, a small independent grocer in Ann Arbor, Michigan, all added fuel surcharges to their deliveries in recent weeks, owner Raymond Campise said. Wholesale prices for meat, produce and some other products also have gone up, he said.

“For independent markets operating on narrow margins, even small increases can have a major impact,” Campise said.

The full impact of rising energy costs on food likely has not hit retail grocery prices yet in the U.S., according to Purdue University economists Ken Foster and Bernhard Dalheimer. Higher costs to produce, process, store and transport food can take three to six months to show up on supermarket shelves, where prices typically fall slowly once increased, they said.

“Most of what we’re seeing now in the food price chain probably predates the conflict,” Foster, a professor of agricultural economics, said. “We’re cautiously waiting to see what the June numbers and the May numbers might show as they come out in terms of … the extent to which energy shocks in the Strait of Hormuz and shipping blockades and so forth are going to impact food prices.”

The consumer price index measures changes in what people in U.S. cities paid at retail stores for meat, bread, milk, produce and other grocery staples. Over the last 20 years, grocery prices increased an average of 2.6%, according to the U.S. Department of Agriculture.

Prices for perishable and refrigerated products tend to increase faster than prices for packaged goods when energy is an issue. Consumers paid 6.5% more for fresh fruit and vegetables in U.S. cities last month than they did in April 2025, and 8.8% more for meat, the Labor Department reported.

But U.S. trade policies and extreme weather also have weighed on U.S. food prices in the last year. In July 2025, the Trump administration imposed a 17% duty on fresh tomatoes imported from Mexico; consumer prices rose 40% in the 12 months before April.

Dry weather in the Western U.S. has been one of many factors pushing up beef prices, which in April were 15% higher year-over-year. Coffee prices were up 18.5%, partly due to drought and other weather conditions that have hurt global coffee production in recent years.

“Today’s CPI showed that food prices have been rising 3.2 percent in the past year, but the story behind that number is more complicated than just an energy shock,” said Dalheimer, an assistant professor of macroeconomics and trade in Purdue’s Department of Agricultural Economics.

Prices for some foods remained more or less flat or declined over 12 months. Milk and chicken dipped slightly. Butter cost 5.8% less in April than it did a year earlier. Egg prices fell 39% as farmers rebuilt flocks that were decimated by an ongoing bird flu outbreak.

Food prices and broader inflation are likely to feature prominently in November’s midterm elections. During his 2024 campaign, President Donald Trump often cited the prices of bacon, cereal, crackers and other groceries as reasons why voters should return him to the White House.

Some food producers say they’re struggling now because of higher fuel costs. The Southern Shrimp Alliance, which represents shrimpers in eight states, said some boats haven’t left the dock this spring because they can’t catch enough shrimp to compensate for the cost of diesel.

Fuel typically makes up 30% to 50% of the costs for U.S. shrimpers, but because they supply only 6% of the shrimp that Americans consume, they have limited ability to raise prices or add surcharges for fuel, the organization said.

Higher fuel prices may also be impacting food costs in other ways. Part of April’s 5% annual increase in prices for nonalcoholic beverages may be due to the petroleum derivative that goes into making plastic bottles, Foster said.

“It’s possible some of that’s starting to seep down the supply chain and get into those prices,” he said.

Over the next year or more, Americans could also see higher food prices due to spiking fertilizer costs, since around 30% of the world’s fertilizer travels through the Strait of Hormuz.

Fertilizer costs are less of an issue for U.S. farmers this year, since many already had fertilizer supplies in place before the war began, according to Foster. But the effects could become more noticeable next year if the war drags on, he said.

“I expect the Iran conflict to impact the coming years’ food prices through a couple of channels. One, the energy costs and transportation handling. The other would be through packaging costs,” Foster said. “If the conflict were to last longer, then we might see more coming online as fertilizer prices start to impact longer-term planting decisions and cropping decisions.”