JP Morgan Archives - News Raise

Business

JP Morgan says it cannot model oil outlook amid US‑Iran conflict

By Norman Pearlstine

JP Morgan admitted it cannot forecast oil prices as the US‑Iran war drags on, noting that key economic red lines have already been crossed.

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Arbitrator orders Uber to pay $40 million in fatal ejection case

By Mitchell Landsberg

A retired California judge ruled Uber vicariously liable for a 2023 incident in which a driver ejected a passenger who later died, ordering the company to pay $40 million to the victim’s parents.

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FAA narrows rollout of AI routing tool amid airline concerns

By Helene Elliott

The FAA will debut its AI‑driven SMART system for routing flights at three Washington area airports, after weeks of airline anxiety and a limited‑scope rollout plan.

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Record Diesel Prices Threaten to Ripple Through U.S. Economy

By Norman Pearlstine

Diesel hit a historic $6.31 per gallon, prompting concerns that rising freight costs will push up consumer prices across the United States.

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U.S. Gas Prices Rise to $4.44 per Gallon, California Leads with $6.09

By Mitchell Landsberg

National average gas price hit $4.44 per gallon on Sept. 17, with California topping the list at $6.09, as prices climb amid political scrutiny.

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Science

JP Morgan says it cannot model oil outlook amid US‑Iran conflict

By Norman Pearlstine

JP Morgan admitted it cannot forecast oil prices as the US‑Iran war drags on, noting that key economic red lines have already been crossed.

Comments closed

Arbitrator orders Uber to pay $40 million in fatal ejection case

By Mitchell Landsberg

A retired California judge ruled Uber vicariously liable for a 2023 incident in which a driver ejected a passenger who later died, ordering the company to pay $40 million to the victim’s parents.

Comments closed

FAA narrows rollout of AI routing tool amid airline concerns

By Helene Elliott

The FAA will debut its AI‑driven SMART system for routing flights at three Washington area airports, after weeks of airline anxiety and a limited‑scope rollout plan.

Comments closed

Record Diesel Prices Threaten to Ripple Through U.S. Economy

By Norman Pearlstine

Diesel hit a historic $6.31 per gallon, prompting concerns that rising freight costs will push up consumer prices across the United States.

Comments closed

U.S. Gas Prices Rise to $4.44 per Gallon, California Leads with $6.09

By Mitchell Landsberg

National average gas price hit $4.44 per gallon on Sept. 17, with California topping the list at $6.09, as prices climb amid political scrutiny.

Comments closed