• AI Playing Larger Role in Job Hunting, Hiring Process
  
  Artificial intelligence is playing a larger role in the job hunting and hiring process, but things are getting convoluted, reported The New York Times.
• Trump Floats Idea of Firing 'Numbskull' Fed Chair Powell
  
  President Donald Trump, who last month said he wouldn't try to fire Federal Reserve Chair Jerome Powell before his term ends in May 2026, suggested Friday he might change his mind as he continued criticizing the board's decision this week not to reduce interest rates.
• Labor Department Suspends Biden-Era Farmworker Rule
  
  The Department of Labor announced on Friday that it is suspending a Biden-era rule that critics say imposed large burdens on farmers with thousands of pages of new regulations.
• Fed's Daly: Rate Cut in the Fall May Be Appropriate
  
  The fundamentals of the U.S. economy are moving to where an interest rate cut may be necessary, San Francisco Federal Reserve Bank President Mary Daly said Friday, though she signaled a July rate cut would probably be too early.
• Message to Congress: Trust Capitalism, Free Market
  
  Congress should take to heart a famous observation of former President Ronald Reagan: “The nine most terrifying words in the English language are ‘I’m from the government and I’m here to help.’”
• Wall Street Ticks Down, Awaiting More Mideast News
  
  The S&P 500 and Nasdaq ended lower Friday, with investors on edge over the Iran-Israel conflict heading into the weekend, as the U.S. considers whether to get involved.
• Apple Sued by Shareholders for AI Disclosures
  
  Apple was sued by shareholders in a proposed class action Friday, accusing it of downplaying the time needed to integrate advanced artificial intelligence-based features into its Siri assistant, hurting iPhone sales and its stock price.
• CNN: Tariffs Have Not Reignited Inflation
  
  Mainstream economists issued dire warnings when President Donald Trump announced his tariff campaign: prices would spike, they said, triggering a renewed inflation crisis, but that hasn't happened, reports CNN.
• Report: CNN Set to Cut Costs, Employee Salaries
  
  CNN is reportedly set to deploy a series of cost-cutting measures, while simultaneously trimming the pay of network employees.
• AT&T $177M Data Breach Payment Is Court Approved
  
  A U.S. judge granted preliminary approval Friday to a $177 million settlement that resolves lawsuits against AT&T over breaches in 2024 that exposed personal information belonging to tens of millions of the telecom giant's customers.
• Supreme Court Declines to Speed Up Tariffs Review
  
  The U.S. Supreme Court declined on Friday to speed up its consideration of whether to take up a challenge to President Donald Trump's sweeping tariffs even before lower courts have ruled in the dispute.
• 16 Billion Login Credentials Leaked Online: Cybernews
  
  Researchers at cybersecurity outlet Cybernews say that billions of login credentials have been leaked and compiled into datasets online, giving criminals "unprecedented access" to accounts consumers use each day.
• IPO Activity Slumps in 2025 as Tariffs, Volatility Weigh
  
  Global equity IPOs have plunged this year, weighed down by heightened business uncertainty from U.S. tariffs, elevated market volatility and higher interest rates that have raised funding costs and made listings less appealing for issuers.
• Fed: Too Early to Gauge Tariff Impact on US Economy
  
  The Federal Reserve's latest Monetary Policy Report to Congress, released Friday, said U.S. inflation is somewhat elevated and the labor market is in solid shape, but suggested that President Donald Trump's tariffs have likely only begun to be felt and repeated the central...
• Study: ChatGPT Use Might Harm Critical Thinking
  
  As the use of artificial intelligence increases, a study from the Massachusetts Institute of Technology suggested that ChatGPT use can harm the ability to think critically over time.
• FCC Probes Cyber Trust Mark Program's China Ties
  
  Federal Communications Commission chair Brendan Carr said Friday that he ordered a review of the U.S. Cyber Trust Mark program over "potentially concerning ties to the government of China."
• US Issues Fresh Iran-Related Sanctions
  
  The Trump administration has issued fresh Iran-related sanctions, including on two entities based in Hong Kong, and counterterrorism-related sanctions, according to a notice posted to the U.S. Treasury Department's website on Friday.The sanctions target at least 20 entities...
• Meta, Oakley to Offer AI-Powered Smart Glasses
  
  Meta said Friday it has teamed up with Oakley to release AI-powered smart glasses, expanding its push into wearable tech after the success of Ray-Ban Meta glasses.
• Stocks Drift up After Trump Gives Hope on Iran
  
  U.S. stocks are drifting higher Friday in their return to trading following the Juneteenth holiday.
• SCOTUS Lets Fuel Producers Challenge Calif. Emissions Standards
  
  The U.S. Supreme Court sided on Friday with fuel producers that had opposed California's standards for vehicle emissions and electric cars under a federal air pollution law, agreeing that their legal challenge to the mandates...
• Aflac Hack Compromises 1.3M Social Security Numbers
  
  Aflac says that it has identified suspicious activity on its network in the U.S. that may impact Social Security numbers of 1.3 million customers and other personal information, calling the incident part of a cybercrime campaign against the insurance industry.
• Fed's Waller: July Rate Cut Possible Amid Tame Inflation
  
  The Federal Reserve should consider cutting interest rates at its next meeting given recent tame inflation data and the fact that any price shock from import tariffs will be short lived, Fed governor Chris Waller said Friday.
• Kroger Lifts Sales Target on Robust Groceries Demand
  
  Kroger raised its annual identical sales forecast Friday, betting on robust demand for groceries at its stores even as consumers deal with still-high inflation.
• Social Media Teen Ban Can Work, Australian Govt Says
  
  Australia's world-leading ban on under-16s joining social media sites cleared a big hurdle Friday as a trial found digital age checks can work "robustly and effectively."
• Global Equity Funds Log Biggest Outflows in 3 Months
  
  Global equity funds recorded net outflows of $19.82 billion for the week ended June 18, the largest in three months, as escalating Middle East tensions and lingering uncertainty over U.S. trade policies dampened investor sentiment.

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