U.S. Judge says Kari Lake broke law in overseeing Voice of America He declared all of Lake's actions over the past year to be null and void, including the layoffs of more than 1,000 journalists and staffers. David Folkenflik
Oil surges to its highest price since 2023, and stocks drop after U.S. jobs report Stocks fell Friday on worries that the economy could become stuck in a worst-case scenario of stagnating growth and high inflation. Oil prices touched their highest levels since 2023 after surging again because of the Iran war. The Associated Press
No lawsuits required: U.S. Customs is working on a system to refund tariffs U.S. Customs told the trade court it aims for a streamlined process in 45 days to return importers' money without requiring individual lawsuits. Scott Horsley
The U.S. unexpectedly loses 92,000 jobs, adding to worries about the economy The job market showed further signs of weakness last month as employers cut 92,000 jobs. The unemployment rate inched up to 4.4%, from 4.3% in January. Scott Horsley
2 young billionaires are behind the prediction market boom. They hate each other The 20-something billionaires who run Kalshi and Polymarket are battling it out to be the top prediction market company. Observers and former insiders say the feud is just heating up. Bobby Allyn
Wall Street is betting on tariff refunds after Supreme Court ruling When the Supreme Court struck down many of President Trump's tariffs, it left importers wondering how long they'd have to wait to get their money back. Hedge funds are offering to help out. Vito Emanuel
WATCH: How traffic dried up in the Strait of Hormuz since the Iran war began The effective closure of the Strait of Hormuz is "about as wrong as things could go" for global oil markets. Iran achieved it not with a naval blockade, but with cheap drones. Camila Domonoske
Starbucks to relocate supply chain workers from HQ to new Nashville office Starbucks is relocating the team responsible for sourcing products from its corporate headquarters in Seattle to a new office in Nashville. Monica Nickelsburg
Make America Skilled Again: Arkansas to lead the way for apprenticeship boom Trump says his goal is to reach one million active apprenticeships while he’s in office.
A Biden-era rule sought to stabilize child care. Why Trump wants it gone The Trump administration has proposed repealing a Biden-era rule that required states to change how they pay out child care subsidies, citing the potential for fraud. Andrea Hsu
