Breaking AI & Tech News Analyzed

Energy prices in the United States have continued to surge, even after President Donald Trump's administration issued a 60-day waiver of the Jones Act, a maritime law that restricts foreign-flagged vessels from transporting goods between US ports.The waiver, which came into effect on March 18, was intended to alleviate pressure on energy supplies by allowing more foreign vessels to transport goods domestically. However, experts say the impact on oil prices has been negligible, with oil prices rising 4 percent on the day amid a US blockade of Iranian ports.“It is estimated that it’s going to be about 3 cents on the East Coast and it might go up on the Gulf Coast, but these changes are so small that they’re overshadowed by the spikes in oil prices, and the oil prices keep going up,” said Usha Haley, a professor of management at Wichita State University.The Containerized Freight Index, a benchmark for shipping container costs, has jumped more than 10 percent over the last month and is up more than 35 percent from this time last year. The average price of gas in the US has also increased to $4.125 per gallon, up from $3.63 at this time last month.Despite the waiver, shippers have adapted their routes, with more than 34,000 ships diverting from the Strait of Hormuz over the past month. Major vessel insurers have also cancelled war risk coverage for ships travelling through the waterway, dissuading ship owners from going through the Gulf.Experts predict that fuel prices will only normalise once traffic through the strait returns to pre-war levels. The ongoing conflict and disruptions to transit through the Strait of Hormuz have contributed to the sustained high energy prices.

The White House Council of Economic Advisers released an analysis estimating that the United States faces a shortage of roughly 10 million homes. The report argues that easing regulatory burdens could unlock a construction surge, stabilise home prices, expand home‑ownership and accelerate overall economic growth. President Donald Trump signed two executive orders in March directing federal agencies to reduce housing‑regulation costs and to facilitate mortgage lending by smaller banks. Yet, critics note that the administration has been slow to prioritize high housing costs amid falling approval ratings tied to tariffs, the US‑Israel conflict with Iran, and unmet inflation‑reduction promises. Mortgage rates have risen from just under 6 % to 6.37 % for a 30‑year loan, further inflating the cost of home purchase. Trump has publicly defended higher home prices to protect existing owners, stating, “I don’t want to drive housing prices down… I want to drive housing prices up for people that own their homes.” The housing chapter of the annual Economic Report of the President, obtained by the Associated Press, outlines a blueprint showing how increased homebuilding could benefit the middle class and the broader economy, providing a potential political narrative for the president. According to the report, if homebuilding had continued at its pre‑2008 pace, the nation would have **10 million more houses** today. The 2008 crisis, driven by risky lending and a housing bubble, still casts a long shadow. Home prices have surged **82 % since 2000**, while median incomes have risen only **12 %**, a disparity previously softened by historically low mortgage rates. The post‑COVID inflation spike and higher rates have made affordability a top concern for voters under 40. Regulatory costs—dubbed the “bureaucrat tax”—are estimated to add **over $100,000 per new home** through updated building codes, compliance fees and zoning approvals. The report projects that trimming these costs could enable the construction of **up to 13.2 million homes**, potentially delivering an **average 1.3 percentage‑point boost to annual GDP** over the next decade and supporting **two million manufacturing and construction jobs**. One administration official, speaking on condition of anonymity, suggested that federal funding to states could be tied to regulatory reductions, creating a financial incentive for local governments. The analysis also criticises the green‑energy housing standards introduced under former President Joe Biden, which mandate more efficient HVAC systems and water‑heater requirements. Citing a 2021 National Association of Home Builders study, the report claims these standards could add **up to $31,000** to a new home’s price, with a **payback period of up to 90 years** for homeowners via lower utility bills. While rolling back such standards might lower upfront costs, the report acknowledges potential long‑term utility‑bill increases for owners. Legal challenges further complicate the picture: a Texas federal judge recently sided with 15 Republican‑led states, deeming the Biden‑era standards for federally backed housing **unlawful**. Overall, the White House’s proposal positions regulatory reform as a lever to address the housing deficit, stimulate economic growth, and generate jobs, while navigating the political and environmental trade‑offs inherent in the debate.

An Israeli air attack targeted a group of men gathered outside a school in Deir el-Balah, central Gaza, killing at least three people. The incident occurred as Israeli forces arrested at least 30 Palestinians in raids across several cities and towns in the occupied West Bank.Medics at Al-Aqsa Hospital reported the killings, with the bodies of the victims laid out in white shrouds outside the hospital's morgue. Relatives and friends gathered to bid farewell, with some kissing the victims' foreheads before holding special prayers.The Israeli military did not immediately comment on the airstrike. The killings took place as mediators met with leaders from the Palestinian group Hamas to bolster a fragile ceasefire brokered by the United States, which began last October.The ceasefire has been marred by violence, with over 750 Palestinians killed since it took effect. Hamas fighters have killed four Israeli soldiers, and both sides have traded blame for violations.Israeli forces have also been accused of moving yellow concrete markers westwards in Gaza, which Palestinians say is an attempt to expand a depopulated zone. Israel denies this.In the West Bank, the Palestinian Prisoners Media Office reported that two children and some freed detainees were among those arrested in the raids. The military operations included searches of homes and property damage.The conflict has resulted in significant casualties, with over 72,000 Palestinians killed in Israel's war on Gaza, which began in October 2023. In the occupied West Bank, at least 1,133 Palestinians have been killed, 11,700 others wounded, and nearly 22,000 arrested.The International Court of Justice has declared Israel's occupation of Palestinian territory illegal and called for the evacuation of all settlements in the West Bank and East Jerusalem.

Manchester City's recent comprehensive win over Chelsea has brought them within six points of Premier League leaders Arsenal, reigniting the title race. A viral social media meme featuring a City fan mocking Arsenal's struggles has captured the attention of football fans worldwide.The fan in question was seen mimicking a celebratory sip from an empty plastic bottle adorned with an Arsenal logo, leaving City's supporters in laughter and making viewers wonder if Arsenal have 'bottled it' once more. This comes after Arsenal's dramatic stumble over the past few weeks, including a loss to 11th-placed Bournemouth in the Premier League.Arsenal's quadruple hopes have taken a hit, with the team suffering three consecutive losses in local competitions. Manager Mikel Arteta acknowledged that his players are hurting but need to 'take it on the chin' and 'embrace the challenge' ahead. The team's fate is now as much in Manchester City's hands as it is in their own.Meanwhile, Manchester City's manager, Pep Guardiola, remains alert to the threat posed by Arsenal despite their recent blip. Guardiola emphasized the need for respect towards Arsenal, stating that beating them twice in a few weeks will be extremely difficult. City are favourites to lift the FA Cup and could still bag their 11th league trophy, with some experts predicting a domestic treble for the Sky Blues.

US President Donald Trump has faced intense backlash after sharing an AI-generated image of himself as a Jesus-like savior on his Truth Social platform. The image, which depicted Trump in a white robe with his hand on a man's head in a scene resembling a healing, was deleted on Monday following widespread criticism. The controversy began when Trump posted the image alongside a series of social media attacks on Pope Leo XIV, calling him 'weak on crime' and 'terrible for foreign policy.' These comments drew condemnation from across the Christian political spectrum, with many accusing Trump of blasphemy and disrespect towards the Pope. Later, Trump claimed that the image was meant to depict him 'as a doctor' and had to do with the Red Cross. However, this explanation did little to quell the criticism. Pope Leo XIV responded by stating that he would continue to speak out against war and promote peace, dialogue, and multilateral relationships among states. The backlash against Trump extended beyond church leaders, with conservative figures also criticizing his posts. Brilyn Hollyhand, a former co-chair of the Republican National Committee Youth Advisory Council, described the image as 'gross blasphemy,' while Riley Gaines, a FOX News host, questioned Trump's intentions and called for humility. The controversy highlights the ongoing tensions between the White House and the Vatican, particularly over issues such as immigration policies, military actions, and the US-Israel war on Iran. Italian Prime Minister Giorgia Meloni condemned Trump's attack on Pope Leo as 'unacceptable,' emphasizing the Pope's role as the head of the Catholic Church and his right to call for peace. The incident also raises questions about Trump's support among Christian voters, who have historically been a significant part of his base. Despite not attending church regularly, Trump secured strong support from Christian voters in the 2024 election, including a majority of Catholics.

BackgroundOn 2026-04-13, IBM entered a $17 million settlement with the U.S. Department of Justice (DOJ).The DOJ alleged IBM considered "race, color, national origin, or sex" in hiring and promotions and misused government‑contract funds for DEI initiatives.Former Florida Attorney General Pam Bondi had urged the DOJ to target illegal DEI programs in companies receiving federal money.Settlement DetailsIBM denied wrongdoing; the settlement is not an admission of liability.The payment resolves claims that IBM used contract funds for DEI programs and then sought reimbursement.This marks the first enforcement action under the DOJ’s Civil Rights Fraud Initiative, which targets recipients of federal funds who violate civil‑rights laws.Strategic ImpactThe $17 million fine represents roughly 0.03% of IBM’s FY2025 revenue of about $60 billion, indicating a modest direct financial hit but a significant reputational signal. The settlement may prompt IBM and other federal contractors to reassess DEI budgeting and compliance frameworks to avoid future litigation.Analysts view the case as a bellwether for how the DOJ will enforce civil‑rights compliance in the private sector, especially for firms that rely on government contracts.

The humanitarian situation in Sudan has reached a critical point, with millions of people struggling to access adequate food. A report by a group of nongovernmental organisations (NGOs), including Action Against Hunger, CARE International, and the Norwegian Refugee Council, highlights the dire situation.The conflict, which began in April 2023, has caused widespread hunger and displaced millions of people, creating one of the world's largest humanitarian crises. The report notes that nearly three years of conflict have systematically eroded Sudan's food system, leading to mass hunger.In the two states worst hit by the conflict – North Darfur and South Kordofan – millions of families can only access one meal a day. Often, they miss meals for entire days, and many have resorted to eating leaves and animal feed to survive.The NGOs also report that communal kitchens set up to collectively prepare and share meals are struggling to stretch the scarce food available as resources dwindle. The crisis is being compounded by a worsening economic crisis and climate change.The Sudanese government has denied the existence of famine, while the Rapid Support Forces (RSF) denies responsibility for such conditions in areas under its control. However, the UN has reported widespread atrocities and waves of ethnically charged violence.According to the 2026 Humanitarian Needs and Response Plan, 61.7 percent of Sudan's population – 28.9 million people – is facing acute food shortages. The UN-backed Integrated Food Security Phase Classification has confirmed famine conditions in several areas, including el-Fasher and Kadugli.

The ongoing conflict between the US and Iran has led to a sharp increase in crude prices, driving up fuel costs and placing strain on households worldwide. In the six weeks since the US and Israel launched strikes on Iran, oil prices have risen sharply, with the main international benchmark surging more than 8 percent to top $103 a barrel.However, the price of oil is more complicated than any one figure and depends on where you look. The oil trade can be broadly divided into two distinct markets: physical sales and contracts for future oil deliveries, known as futures.Since the start of the war and Iran's effective blockade of the Strait of Hormuz, prices in these markets have diverged substantially – reflecting what analysts say is a growing mismatch between perceptions of supply and the reality on the ground. Dated Brent hit an all-time high of more than $144 a barrel – about $35 above the price of Brent futures.The principal benchmark for spot prices is Dated Brent, a basket of four grades of oil produced in the North Sea and one produced in the US. It reflects the per-barrel price of oil scheduled for shipment in the next 10 to 30 days. On the other hand, Brent futures are financial derivatives that reflect the price of oil due to be loaded months or even years from now.The futures price is the price most commonly found in news reports and search engine results. However, the gap between spot and futures prices has widened well beyond what is typical since the conflict began, indicating that oil supplies are becoming increasingly scarce on the ground.Analysts say traders have been betting on a resolution to the crisis down the track, with the return of price stability depending on Iran easing its control over the strait and shipping companies gaining confidence that it is safe to transit. The global economy is still facing a daily shortfall of about 8 million barrels of oil, according to a recent estimate by market intelligence provider Kpler.

A 27-year-old woman, Sana, living in western Tehran with her roommate, Fatemeh, has survived two wars in the past year. The latest conflict began on February 28, when missiles hit Tehran at 9:40 am. Sana had already experienced the 12-day war in June 2025 and was determined not to leave the city again.As the war intensified, Sana and Fatemeh learned to anticipate strikes during certain windows: early morning, afternoon, and after 11 pm. They relied on supermarket deliveries and made frantic dashes to shops when necessary. The internet was often down, and they used virtual private networks (VPNs) to stay connected.On March 16, Sana experienced one of the worst nights of her life when a massive explosion occurred near Mehrabad airport. She and Fatemeh sprinted down the fire escape to the parking garage, fearing for their lives. The war had turned her daily life into a grim routine.Despite the challenges, Sana tried to maintain a sense of normalcy. She kept her job while many others were laid off, and she booked an appointment for a haircut and nails after the ceasefire was announced. These small acts helped her feel human again in the midst of chaos.