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   Gas stations are on notice
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   Plus: Anthropic takes a victory lap.
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          Thursday, April 16, 2026
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           Andrew Caballero-Reynolds / AFP via Getty Images
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          The Trump administration borrows a page from Biden on gas prices
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          The Trump administration is struggling to contain scorching gas price increases in the wake of the U.S. war with Iran. Consumer sentiment, 
meanwhile, is plunging to record lows, driven by concern among Americans of price hikes that stick around and stretch their budgets.
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          Elevated gas prices represent a major political vulnerability for President Donald Trump going into the November midterms. There's little sign of immediate financial relief for Americans refilling their gas tanks while a shaky U.S.-Iran ceasefire holds. The U.S. Energy Information Administration forecasted last week that gas prices will average more than $3.70 the rest of the 
year.
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          Now, Trump's lieutenants are signaling they'll call out alleged instances of price gouging among gas stations to tame prices and deflect blame on their part.
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          "We'll be looking at Treasury to keep the retail gas stations honest. 'You did this on the way up, you better be doing this on the way down,'" Treasury Secretary Scott Bessent said. "And I'm sure the president will call out anybody who's a bad actor."
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                          Read more on Quartz
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                  SPONSORED
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                   Turn your home equity into retirement flexibility
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                  <span style="color:#000000;background-color:rgba(0,0,0,0)">
                   With a reverse mortgage from Longbridge, you can convert part of your home equity into cash—without required monthly mortgage payments. You keep ownership of your home, and repayment is typically deferred until you move, sell, or pass it 
on.
                  </span>
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                   If you’re 62 or older and want ongoing access to your equity, Longbridge also offers its HELOC for Seniors®.
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                                  Calculate your reverse mortgage payout
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                                 <!--[if mso]><a href="https://www.ne16.com/t/10631650/222404108/9594714/2/1009235/?f5d63f87=REIlMjAwNC0xNiUyMCUyOFVTJTI5&x=5569d2bb" target="_blank" style="-webkit-border-radius: 6px; -moz-border-radius: 
6px; border-radius: 6px; color: #FFFFFF; text-decoration: none; font-family: Arial; font-size: 18px; font-weight: bold; border: none; display: block; ">Calculate your reverse mortgage payout</a><![endif]-->
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mso-table-lspace:0; mso-table-rspace:0; mso-margin-top-alt:0px; mso-margin-bottom-alt:0px; mso-padding-alt: 0px 0px 0px 0px;" width="100%">
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10px;padding-bottom:10px;mso-padding-bottom-alt: 10px; " width="100%">
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                           <!--[if !mso]><!-->
                           <a style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; color: #FFFFFF; text-decoration: none; font-family: Arial; font-size: 16px;  border: none; display: block; ">
                            Yes. Blatant profiteering is a scourge
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                           <!--<![endif]-->
                           <!--[if mso]><a 
href="https://www.ne16.com/t/10631650/222404108/9597747/1/1009235/?abb9e380=NGYzZmQyODYtMmZhOS00YzdjLWFkYzktMzQyOGNhZmI3ZDBl&f5d63f87=REIlMjAwNC0xNiUyMCUyOFVTJTI5&x=a88f3080" target="_blank" style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; color: #FFFFFF; text-decoration: none; font-family: Arial; font-size: 16px;  border: none; display: block; ">Yes. Blatant profiteering is a 
scourge</a><![endif]-->
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border-collapse: collapse; mso-table-lspace:0; mso-table-rspace:0; mso-margin-top-alt:0px; mso-margin-bottom-alt:0px; mso-padding-alt: 0px 0px 0px 0px;" width="100%">
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                          <td align="center" bgcolor="#105C8E" style="text-align:center;-webkit-border-radius:6px;-moz-border-radius:6px;border-radius:6px;font-size:16px;font-family:Arial,Helvetica,sans-serif">
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                            No. Free markets should operate freely
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                           <!--<![endif]-->
                           <!--[if mso]><a href="https://www.ne16.com/t/10631650/222404108/9597748/1/1009235/?abb9e380=NGYzZmQyODYtMmZhOS00YzdjLWFkYzktMzQyOGNhZmI3ZDBl&f5d63f87=REIlMjAwNC0xNiUyMCUyOFVTJTI5&x=5419aa02" target="_blank" style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; color: #FFFFFF; text-decoration: none; font-family: Arial; font-size: 16px;  border: none; display: block; ">No. 
Free markets should operate freely</a><![endif]-->
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                           <!--[if !mso]><!-->
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                            Only when there's a state of emergency
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                           <!--<![endif]-->
                           <!--[if mso]><a href="https://www.ne16.com/t/10631650/222404108/9597749/1/1009235/?abb9e380=NGYzZmQyODYtMmZhOS00YzdjLWFkYzktMzQyOGNhZmI3ZDBl&f5d63f87=REIlMjAwNC0xNiUyMCUyOFVTJTI5&x=1ab9e06a" target="_blank" style="-webkit-border-radius: 6px; -moz-border-radius: 6px; border-radius: 6px; color: #FFFFFF; text-decoration: none; font-family: Arial; font-size: 16px;  border: none; display: block; ">Only 
when there's a state of emergency</a><![endif]-->
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              The trading firm will spend $6 
billion on CoreWeave's AI cloud platform on top of its latest $1 billion investment in the company. Jane Street's $109 average per-share purchase price represents a 7% discount from the stock's previous closing price.
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computing practical," Nvidia CEO Jensen Huang said.
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