If oil trades above $100 a barrel for a while, the U.S. economy could be in for major shocks, according to Bank of America. Oil prices have surged since the U.S.-Israeli strikes on Iran last weekend, with West Texas Intermediate futures posting their biggest ever weekly gain, soaring 35%. The benchmark U.S. crude closed at...

Remember when this was controversial? House Minority Whip Jennifer Dailey-Provost’s latest bill tweaking Utah’s medical cannabis program (after voters passed Prop. 2 back in 2018) got through with hardly any problems. The latest version of the program allows for lower THC content to be sold and a new fee imposed for law enforcement. Sen. Evan...

Meta Platforms Inc. is advancing its artificial intelligence strategy through custom chip development, new AI tools, and content partnerships to strengthen its technology ecosystem and unlock future growth. Meta continues to pursue in-house chip development even after securing major supply agreements with leading semiconductor companies. Speaking at a Morgan Stanley technology conference, Meta CFO Susan...