
(Bloomberg) -- Cantor Fitzgerald Chief Executive Officer Howard Lutnick expects the Federal Reserve to cut rates a single time this year, just ahead of the US presidential election. Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsZuckerberg Asks for Patience as Meta’s AI Push Spooks MarketHow to Get a Meeting W

Wyoming locomotive engineer Andrew Kirol claims in a lawsuit that he was injured when an AI system used by Union Pacific gave incorrect information to locomotives on the train on which he was working. The post Federal suit alleges AI system injured Union Pacific employee appeared first on FreightWaves.

(Bloomberg) -- Oil swung as a significant slowdown in the US economy in the first quarter countered a bigger-than-expected drawdown in American stockpiles.Most Read from BloombergUS Economy Slows and Inflation Jumps, Damping Soft-Landing HopesMalaysia in Talks With Tycoons on Casino to Revive $100 Billion Forest CityBiden’s Gains Against Trump Vanish on Deep Economic Pessimism, Poll ShowsZuckerberg Asks for Patience as Meta’s AI Push Spooks MarketHow to Get a Meeting With the UAE’s $1.5 Trillion