Oil falls on U.S.-Iran diplomatic signals while Houthis spare European ships and the IRS unveils a new mobile payment app.
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Oil prices declined as U.S.-Iran diplomatic efforts and regional tensions remained in focus, according to the Wall Street Journal. The price drop reflects market sensitivity to diplomatic developments in the Middle East, a key region for global oil supply.
The IRS launched a new mobile application allowing taxpayers to check refund statuses and make payments directly from their phones, expanding the agency's digital services as it works to combat fraud and protect taxpayer information. IRS CEO Frank Bisignano discussed the app's security features on FOX Business, emphasizing the platform's protection measures.
Houthis announced they would not target European ships, a pledge that comes as container shipping through the Bab al-Mandeb Strait reached its highest level in almost three years. The shipping route through the Red Sea strait has become increasingly vital for global trade.
Meanwhile, college students and recent graduates face a more challenging job market as employers increasingly require AI skills and use AI as a hiring tool, according to analysis. The shift is reshaping how new entrants approach the employment landscape.
Airlines began waiving change fees ahead of a nor'easter, though flight disruptions remained minimal as of Friday morning for Saturday operations.
Sources: 1. CNBC: Airlines waive change fees ahead of nor'easter as flight delays trickle in — https://www.cnbc.com/2026/09/25/flights-storm-new-york-boston-east-coast.html (src1) 2.