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Dallas is positioning itself as a major player in the financial sector, with a bold initiative dubbed 'Y'all Street' aimed at stealing New York's financial crown. The city's aggressive push is backed by significant investments and incentives, including a $700m project by Goldman Sachs to build a new campus that will host over 5,000 staff.The Dallas-Fort Worth metro area has seen its financial sector workforce boom, surging 40% to 386,000 staff over the past decade. This growth has been fueled by multimillion-dollar subsidies and new fast-track business courts, as well as Texas's complete lack of corporation and income tax. Recent wins include a 10-year property tax break and $2.7m in grants that helped convince Scotiabank to relocate from North Carolina, bringing 1,000 jobs to the state.Nasdaq and the NYSE have also launched branches of their stock exchanges in Dallas, while a new Texas stock exchange (TXSE) is set to launch later this year with looser listing rules that are likely to appeal to right-leaning executives. The TXSE has even launched a TV ad campaign targeting New York, with a Texas longhorn shattering Wall Street's famous bull statue.Dallas's mayor, Eric Johnson, is serious about stealing finance jobs from New York, citing policy differences with liberal-leaning cities like New York as a major factor. Johnson's team is actively targeting firms put off by left-leaning policies, with a 10-person delegation sent to New York this month to meet and lure Wall Street executives southward.The city's pitches are intensifying, with a focus on being closer to big business clients and major tech firms that have shifted their center of gravity to Texas. Over the course of the 2020s, Texas surpassed California and became host to the largest number of NYSE-listed and Fortune 500 company headquarters of any American state.However, experts warn that the flood of wealthy bankers may put pressure on poorer families, particularly when it comes to rental prices. The surge in rental prices over the past 15 years has disproportionately hurt lower-income families, with rent eating up more than half their wages. Campaigners are now warning that, without targeted support, inequality across Dallas is likely to grow.To address these concerns, Dallas is trying to rapidly tackle the problem, with initiatives such as slashing parking requirements for new developments and rewriting building regulations to make it easier to push through smaller-scale developments for multi-family buildings.

JD Vance, the United States vice‑president, issued a stark warning to Tehran as he boarded Air Force Two for Pakistan: Iran must not attempt to "play" the United States at the peace talks scheduled for Saturday in Islamabad. The talks, mediated by Pakistan, could determine whether the fragile ceasefire in the region holds or if hostilities resume, with significant repercussions for the global economy, especially oil markets. Iranian parliamentary speaker Mohammad Bagher Ghalibaf and foreign minister Abbas Araghchi have conditioned their participation on two unmet measures: a full ceasefire in Lebanon and the release of Iran’s blocked assets. Ghalibaf posted on X that "Two of the measures mutually agreed upon between the parties have yet to be implemented." Uncertainty lingered on Friday night about whether the Iranian delegation would even travel to Islamabad. Earlier reports indicated that Israel had removed the Iranian officials from its bombing target list at Washington’s request. Meanwhile, Donald Trump amplified the tension, telling the New York Post that U.S. forces were "loading up the ships with the best ammunition" and would use them if negotiations failed. He later posted that Iran "has no cards" except short‑term extortion of international waterways. The backdrop to the talks is a worsening Lebanon‑Israel confrontation. More than 300 Lebanese civilians have been killed since the ceasefire began, and 13 Lebanese security personnel died in an Israeli strike on a government building in Nabatieh. Trump and Israeli Prime Minister Benjamin Netanyahu dispute whether the April 7 ceasefire between the U.S. and Iran includes Lebanon, and Israel continues bombing Hezbollah‑linked targets despite Netanyahu’s earlier statements about opening negotiations with the Lebanese government. Oil markets have felt the shock. The February 28 U.S.–Israeli strike on Iran and Tehran’s subsequent closure of the Strait of Hormuz—shutting off roughly one‑fifth of the world’s oil and liquefied natural gas—triggered a sharp price spike, adding political pressure ahead of the November U.S. congressional elections. Vance, however, expressed optimism as he departed for Islamabad: "We’re looking forward to the negotiation. I think it’s going to be positive. If the Iranians are willing to negotiate in good faith, we’re certainly willing to extend the open hand." He added, "If they’re going to try and play us, then they’ll find the negotiating team is not that receptive." The U.S. delegation also includes senior adviser Steve Witkoff and former senior adviser Jared Kushner, both of whom participated in earlier talks on Iran’s nuclear and missile programmes before the February attack. Negotiations are expected to focus on reopening the Strait of Hormuz, the future of Iran’s nuclear program, potential sanctions relief, reparations for war damage, and the release of Americans detained in Iran, according to the Washington Post. Advance teams from the United States and Iran have already taken up rooms at Islamabad’s five‑star Serena hotel, with Pakistani officials acting as intermediaries. Security forces have established a two‑mile perimeter around the hotel, declared a public holiday, and locked down the city centre to ensure a safe environment for the high‑stakes mediation. Hezbollah, while not commenting directly on the Lebanese‑Israeli negotiations, issued a statement urging the Lebanese government to stop "making gratuitous concessions" and vowed to continue fighting to "expel the occupier." The Lebanese army has reinforced its presence in Beirut following an Israeli strike that killed at least 303 people. Fighting persists in southern Lebanon, with Hezbollah claiming to have struck Israeli soldiers near Bint Jbeil—a town symbolic of resistance from the 2006 war—and launching rockets into Israel throughout Friday. Israel’s airstrikes across Lebanon have intensified, culminating in the Nabatieh attack that killed the highest number of Lebanese security forces to date.

The rapid advancement of artificial intelligence (AI) has led to a growing concern about who controls the companies behind these technologies. OpenAI, the creator of ChatGPT, is at the forefront of this discussion, with its products now integrated into various aspects of our lives, from smartphones to defense contracts and law enforcement. Investigative journalist Ronan Farrow's recent piece in The New Yorker has raised important questions about the power dynamics at OpenAI, particularly surrounding its billionaire founder and CEO, Sam Altman. Farrow's article suggests that Altman's leadership and the company's operations have sparked concerns about its growing influence and the potential risks associated with its technology. OpenAI's market valuation has reached an astonishing $852 billion, despite a projected loss of $14 billion in 2026. This commercial momentum has led to a significant expansion of its operations, including a deal with the US military to use its technology in classified operations. This move has raised eyebrows, especially given the company's own staff researchers' concerns that AI could be a "threat to humanity". The article also highlights the connections between OpenAI executives and political figures, including a $25 million donation to a Trump fundraising vehicle by OpenAI's top executive, Greg Brockman. These ties have sparked concerns about the company's commitment to democracy and its potential influence on AI regulations. The debate surrounding OpenAI and AI regulation has led to a "QuitGPT" campaign by activist/historian Rutger Bregman, calling for a worldwide boycott of Altman's company. As AI continues to shape our world, it is essential to consider the implications of who controls these technologies and the need for meaningful social, political, legal, and economic guardrails to minimize harm.

York City, affectionately known as the Minstermen, are on the cusp of achieving a significant milestone in their football history. With 101 points on the board and an impressive 109 goals scored, they are firmly in the sights of a Football League return, a decade after their relegation.Their journey to this point has not been without its challenges. A near miss last season served as a catalyst for the current campaign, which has seen them dominate the National League. A recent last-gasp win against Altrincham has put them two points clear of Rochdale at the top of the league with three games to play. The tantalizing prospect of a final-day shootout for the one automatic promotion spot against Rochdale on April 25 has their fans on the edge of their seats.Despite their attacking prowess, York's run-in has required a different skillset, with their past three games delivering narrow wins: 2-1, 1-0, and 1-0. The team's resilience and determination are evident in the words of defender Malachi Fagan-Walcott, whose 96th-minute header clinched the recent victory. He emphasized the team's never-say-die attitude, stating, 'We never stop until the final whistle.'As the pressure mounts, York's manager, Stuart Maynard, insists that the team's approach has not changed, but acknowledges that opponents are now more focused on stopping them. The upcoming match against Tamworth on Saturday will be a crucial test of their resolve.The heartbreak of last season's failure to secure promotion has driven the team forward, with Fagan-Walcott highlighting the learning curve and the team's newfound robustness. The majority owners, Julie-Anne and Matthew Uggla, have played a pivotal role in turbocharging the club's fortunes, investing in both the team and the city.York's captain, Ollie Pearce, has been instrumental in their success, top-scoring with 32 National League goals and providing nine assists. With York just eight goals shy of eclipsing the National League scoring record for a single season, their fans are eagerly anticipating what could be a historic moment for the club.

Maria Semple's latest novel, 'Go Gentle', is a joyfully clever romantic comedy that explores the application of Stoic philosophy to modern life. The story follows Adora Hazzard, a Stoic philosopher and divorcee living on New York City's Upper West Side, as she navigates her life and encounters a handsome stranger.Semple, best known for her bestselling novel 'Where'd You Go, Bernadette', presents a unique blend of humor, philosophy, and romance. The book is a zany high-wire act that seamlessly weaves together elements of comedy, art heist, thriller, and romantic comedy.At its core, 'Go Gentle' is a paean to the virtuous joys of Stoic philosophy. Semple makes Stoicism feel fresh and exciting through Adora's enthusiasm, which is contagious and inspiring. The book fizzes with funny lines, and Semple's writing is full of charm and wit.However, the book's merry chaos sometimes tips over into disjointedness, particularly in the section charting Adora's marriage deterioration through time-stamped nuggets. Despite this, the book's main plot is ingeniously wrapped up at the end, leaving readers feeling both cleverer and sillier.'Go Gentle' by Maria Semple is published on 16 April by W&N (£20). To support the Guardian, buy a copy at guardianbookshop.com. Delivery charges may apply.

Elon Musk's artificial intelligence company, xAI, has taken legal action against the state of Colorado over a new law regulating AI systems. The law, set to take effect in June, aims to protect state residents from 'algorithmic discrimination' in sectors such as education, employment, healthcare, housing, and financial services.The lawsuit, filed in US district court in Colorado, seeks to block the state from enforcing the law, which xAI claims infringes on its First Amendment free-speech protections. The company argues that the law would force xAI to 'promote the state's ideological views on various matters, racial justice in particular.'Colorado was the first state to pass comprehensive legislation to regulate AI. The law has been met with resistance from xAI, which makes the chatbot Grok. Grok has faced accusations of spewing racist, sexist, and antisemitic content. The company is seeking an injunction to block the enforcement of the Colorado law and a court declaration saying the legislation is unconstitutional.The lawsuit comes as battles rage at the state and federal level over how to regulate the fast-growing technology. States such as California and New York have been working to rein in AI with regulations, while the Trump administration has been trying to loosen the rules and place a moratorium on state laws.Katie Miller, a former spokesperson for xAI and the wife of Trump adviser Stephen Miller, heralded the lawsuit in a post on X, stating that Colorado wants to force Grok to follow its views on equity and race, instead of being maximally truth-seeking.Jared Polis, Colorado's Democratic governor, signed the bill into law in 2024 but said it was 'with reservations'. He has called on state legislators to amend it. The legislation was intended to go into effect in February but was pushed until June 30.

On a Wednesday night, Israel launched a massive air campaign against Lebanon that resulted in the deaths of over 300 civilians and struck more than 100 targets within ten minutes, including densely populated neighborhoods in central Beirut. The operation, described by Israeli officials as the largest strike against Hezbollah since the month‑long war with Iran began, has drawn sharp international condemnation. The Israeli government, led by Prime Minister Benjamin Netanyahu, maintains that the attacks were narrowly aimed at Hezbollah operatives who allegedly relocated command posts to civilian districts such as the Dahieh suburb. Critics, however, argue that the scale and timing of the strikes suggest a broader political motive: to disrupt the US‑Iran ceasefire negotiated by former President Donald Trump, a deal many view as unfavorable to Netanyahu. Evidence fueling this theory includes the lack of any prior warning and the targeting of locations where high‑profile Hezbollah figures were present. Among the dead was Ali Yusuf Harshi, the nephew and personal adviser of Hezbollah secretary‑general Naim Qassem, leading some observers to speculate that the operation may have been a failed attempt to eliminate Qassem himself—mirroring Israel’s 2024 alleged assassination of former Hezbollah leader Hassan Nasrallah. Hezbollah officials later claimed they had been “notified of a ceasefire” and were committed to it from the morning of the attack, yet by Thursday both sides were again exchanging heavy fire. Netanyahu’s public justification for the strike—citing the killing of an aide to Qassem—appeared thin, reinforcing the perception that the operation was designed to act as a “spoiler” to a ceasefire he had previously opposed. Analysts at the Soufan Center in New York warned that, even if Lebanon is technically outside the ceasefire framework, the sheer magnitude of Israel’s assault will be viewed as escalatory. They argue the strikes serve a dual purpose: to widen the rift between Iran and its proxies and to retaliate against what Israel perceives as being sidelined in the ceasefire negotiations. Iranian President Masoud Pezeshkian condemned the attacks, stating they breach the ceasefire agreement and render ongoing talks meaningless. He warned of a possible Iranian response against Israel, underscoring the fragile nature of the diplomatic effort. Marion Messmer, director of the international security programme at Chatham House, highlighted a deeper strategic dilemma: the United States’ difficulty in managing its alliance with Israel amid the broader US‑Iran conflict. She noted that Israel’s insistence that its Lebanese operations are unrelated to the ceasefire reveals a “key vulnerability” in Washington’s ability to steer its regional partners, potentially trapping the US in a conflict it seeks to exit. Further complicating the picture, the Israeli Defense Forces reportedly assess that defeating Hezbollah remains unrealistic despite the intensified bombing campaign, suggesting that the current strategy may be more about political signaling than achieving decisive military objectives. In sum, the Israeli strike on Lebanon not only caused a tragic loss of civilian life but also raised serious questions about the durability of the US‑Iran ceasefire, the strategic calculations of Netanyahu’s government, and the broader stability of Middle‑East geopolitics.

Oil and gas markets rallied on Thursday as investors grappled with the shaky outlook for the two‑week Iran‑Israel ceasefire. Brent crude rose more than 2% to $96.77 a barrel, while New York light crude climbed nearly 3% to $97.23, still shy of the $100 threshold that many traders watch. The previous session had seen Brent plunge 13.29% to a four‑week low of $94.75. In the gas sector, the UK month‑ahead contract rebounded 1% to 115.35p per therm after a 15% drop the day before. European natural‑gas futures also recovered, edging toward €46/MWh from a five‑week trough of €45.30. The price uptick reflects growing scepticism about the durability of the ceasefire announced a day earlier by the United States and Iran, which included a pledge to reopen the Strait of Hormuz. UAE and Kuwait reported intercepting Iranian drones, and Iran’s parliamentary speaker accused the United States and Israel of breaching several agreement points. Iran’s Revolutionary Guards warned of a “regret‑inducing response” if Israeli strikes on Lebanon continue. The latest Israeli barrage killed at least 254 people and wounded 837, prompting the Fars news agency to note that oil‑tanker traffic through the strait had been halted. Former President Donald Trump used his Truth Social platform to threaten that U.S. forces would remain in the region until a “real agreement” is fully honoured, warning that any non‑compliance would trigger “stronger than anyone has ever seen before” military action. Asian equity markets reacted negatively: Japan’s Nikkei slipped 0.7%, South Korea’s Kospi fell 1.7%, and Hong Kong’s Hang Seng edged down 0.4%. In Europe, the FTSE 100 dipped 0.1%, Germany’s DAX fell 0.6%, France’s CAC 40 dropped 0.3%, and Italy’s FTSE MIB slipped 0.2%. The pan‑European Stoxx 600 trimmed 0.1% after a near‑4% rally the day before, while U.S. futures pointed to a lower opening on Wall Street. Deutsche Bank strategist Jim Reid noted that market stress has eased compared with 24 hours earlier, as the ceasefire news generated renewed optimism and reduced fears of a stagflationary shock. On the diplomatic front, White House press secretary Karoline Leavitt announced that Vice‑President JD Vance will lead a delegation to Islamabad, with initial talks slated for Saturday morning. Jefferies chief European economist Mohit Kumar argued that, despite its fragility, the truce is likely to hold because of the “mutually assured destruction” calculus. He added that both sides now see a ceasefire as the lesser‑evil, given the escalating costs of continued conflict and the strategic challenges of securing cheap drone interceptors and a reliable Hormuz passage.

The recent ceasefire between the United States and Iran may provide temporary relief, but the oil crisis triggered by their conflict is far from over. After 40 days of fighting, the two nations agreed to a two-week ceasefire, with negotiations set to begin in Pakistan's capital, Islamabad.One of the key points in Iran's 10-point proposal is allowing shipping to resume through the Strait of Hormuz, a critical waterway through which 20 percent of the world's oil and gas is shipped during peacetime. The strait has been effectively closed since the start of the war, causing global oil and gas prices to soar.Following the announcement, oil prices dropped to $92 on Wednesday, down from over $110 for much of the war. However, delays in restarting production and transport mean the energy crisis is far from over. For ships to continue operating, they need certainty about security during the next two weeks of the ceasefire.Even with the waterway reopened, it will take weeks for large oil tankers – now scattered thousands of miles away – to return to the Gulf to collect the millions of barrels sitting in large reservoirs. With very few tankers able to load or unload and their onshore storage full, producers began shutting wells, causing regional oil output to plummet despite efforts to reroute limited volumes via overland pipelines.Economists warn that the true impact on grocery bills will likely persist throughout 2026 and into 2027. Additionally, it will take years for the Gulf energy industry to repair facilities damaged or destroyed during the war.Shipping data shows that combined exports from Iraq, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates fell from 469 million barrels in February to 263 million barrels in March – a decline of 206 million barrels, or 44 percent. Iraq's crude exports have been hit the hardest, falling 82 percent from 94m barrels in February to 17m in March.The 206 million barrels of Gulf oil lost since the start of the war would fill approximately 103 Very Large Crude Carriers (VLCCs), the workhorse supertankers of the global energy trade. A single VLCC stretches nearly 330 metres (1,080 feet) in length, nearly the same height as the Eiffel Tower in Paris.To put that in more practical terms, if you drove a pick-up truck that averages 24 miles per gallon (or 10 litres per 100km), one barrel of crude oil would carry you about 730km or 450 miles. That is about the distance from New York City to Cleveland, Ohio.For much of the war, oil has traded above $100 per barrel, hitting a peak of nearly $128 on April 2. The value of 206 million lost export barrels at various oil prices is significant, with Brent crude being the global benchmark.