latest news in economy
California Investigation Clears Oil Companies of Price Gouging Amid Record Fuel Costs
Sacramento, Saturday, 4 April 2026.
A state investigation found no evidence of price gouging, shifting the blame for California’s soaring fuel costs to recent refinery closures, high taxes, and geopolitical supply chain disruptions.
The Rise of Resume Botox: Why Experienced Women Are Erasing Their Career History
New York, Saturday, 4 April 2026.
Older women are using “resume botox” to erase decades of experience, bypassing biased AI screening tools. This algorithmic ageism costs businesses highly qualified talent and critical institutional knowledge.
AI Expansion to Trigger a 220 Percent Surge in Global Energy Demand, Goldman Sachs Warns
New York, Saturday, 4 April 2026.
Goldman Sachs warns that rapid artificial intelligence expansion will spike global power consumption by 220 percent by 2030, an increase equivalent to adding a major country to the grid.
JPMorgan Anticipates New Federal Direct Payments Ahead of the 2026 Elections
New York, Saturday, 4 April 2026.
JPMorgan predicts policymakers may issue new direct payments before the 2026 midterms. While this could boost retail spending, it risks reigniting inflation and prompting Federal Reserve interest rate hikes.
Texas Achieves Historic Employment Record as Job Market Outperforms the Nation
Austin, Saturday, 4 April 2026.
Texas achieved a historic 14.38 million total jobs in January 2026. By adding 40,100 positions, the state’s robust employment growth continues to significantly outpace the cooling national market.
