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Erewhon, the Los Angeles health-food grocery chain, is replacing its traditional cooking oils with organic Fera fruit oil from Zero Acre Farms for its hot bar items. Hot bar staples such as buffalo cauliflower and turmeric chicken tenders remain on the menu, now prepared with the new oil.
The International Monetary Fund has raised its 2025 global growth forecast to 3.1%, up from its July estimate of 3.0% but below 2025's 3.5% expansion, according to its latest Economic Outlook. The IMF projects U.S. growth holding steady at 2.3% in 2026 and 2027, with advanced economies growing 2.1% this year before slowing to 1.9% in 2026, and global growth rebounding to 3.4% in 2027.
A new area of climate research, attribution science, is being used in a landmark Supreme Court case to potentially hold oil and gas corporations accountable for their role in climate change. This scientific approach links specific weather events and climate effects directly to fossil fuel emissions, highlighting the companies' long-standing awareness of their environmental impact.
Woodpecker Trail Olive Farm in Glennville, Georgia now produces 15,000 to 18,000 bottles of olive oil a year and recently had a bottle named among the best in the world at the New York International Olive Oil Competition. USDA data show California leads U.S. olive tree acreage, with Texas close behind, while Georgia farmers also expand production.
The U.S. Supreme Court expressed skepticism over the oil industry’s attempt to prevent climate change lawsuits from proceeding in courts. The case involves whether fossil fuel companies can be shielded from liability through legal defenses. The court's stance suggests a potential shift in how climate-related legal actions against corporations are handled.
CNBC's Morning Squawk newsletter bundled several unrelated items: Chick-fil-A's growth plans, Gen Z sports betting trends, and new AI-enabled smart glasses from Oakley Meta and Ray-Ban. The newsletter also reported fresh attacks on oil tankers near Oman and Iran, a G7 pledge to release diesel reserves to ease fuel costs, and OPEC+'s decision to leave production targets unchanged for November.
The Group of Seven wealthy democracies announced plans to release 100 million barrels of oil and fuel products over the coming weeks, with an initial focus on diesel supplies. The move follows a surge in U.S. diesel prices, which reached a national average of $6.37 per gallon on Friday.
A developer built a system where AI language models, including Opus 5.5, produce paintings by writing programs that control a physics-based simulation of oil paint on linen, including bristle brushes, wet paint, drying and layered glazes. No image-generation model is used; most models paint in the style of Caspar David Friedrich based only on written research rather than seeing his actual artwork. Of 75 paintings produced, 46 were created incrementally at a simulated easel, with the model working passage by passage and periodically stepping back to assess progress.
Energy economists report that US crude oil prices jumped from about $66 per barrel in late February 2026 to $101 by April 13, following American and Israeli attacks on Iran that closed the Strait of Hormuz. Because oil underpins transportation, plastics, fertilizers and countless supply chains, the price increase has spread globally, raising costs for manufacturers and consumers across many industries.
CNBC's Jim Cramer said rising oil prices and Treasury yields are squeezing markets, as seen Monday when the Dow fell 347 points and the S&P 500 and Nasdaq each dropped roughly 0.8-0.9%. He argued investors should stay in stocks but grow more selective, pointing to Meta Platforms and Intel as companies with the demand, pricing power and scale to withstand higher rates tied to Middle East tensions.
Culinary instructor Melanie Underwood explains that leftover frying oil doesn't need to be thrown out after a single use, as long as it wasn't overheated to the point of smoking or used to fry something with an overpowering flavor like seafood. She recommends neutral, high-smoke-point oils such as canola, peanut or sunflower oil, and maintaining a frying temperature between 350 and 400 degrees Fahrenheit to keep the oil viable for repeated use.
Wall Street saw another volatile week as the Federal Reserve raised interest rates a quarter point to a range of 3.75%-4%, its first hike in three years, while renewed concerns about AI safety rattled tech stocks. The Dow fell 1.7% for its third consecutive losing week, led by steep declines in bank stocks including Goldman Sachs, which dropped nearly 8.5%. The S&P 500 and Nasdaq held up better, with the Nasdaq even gaining slightly as investors bought back into AI names after an early sell-off, while oil price swings tied to Mideast tensions added further pressure on companies like Boeing and FedEx.