Access to affordable credit helps me pay my employees, but I don't really need it.

Infliction is killing me!

But who cares? Big retailers are making record profits!

That's why we support the Durban Marshall Credit Card Bill!

See? Banks and credit unions help small businesses make payroll.

This bill would cut the vital resources they need.

While increasing megastore profits, they deserve it. Don't they? Tell Congress, stop the Durban Marshall money grab for corporate megastores. Paid for by the Electronic Payments Coalition.

Oil rallies yet again as Iran strikes several tankers in the Persian Gulf.

Plus, President Trump returns to the tariff drawing board targeting a number of big exporters.

And a new study finds that AI isn't lightning workloads, quite the opposite.

And so basically the conclusion was that AI doesn't necessarily create as much efficiency as many had hoped.

What it instead does is replaces that with even more work and different kinds of work, but more work nonetheless.

It's Thursday, March 12th. I'm Luke Vargas for the Wall Street Journal, and here is the AM edition of What's News,

the top headlines and business stories moving your world today.

The war in the Middle East is causing the biggest disruption to oil markets ever seen,

according to the International Energy Agency.

The IEA this morning slashed its forecasts for oil supplies,

saying it now expects supply to grow by just 1.1 million barrels a day this year,

a dramatic cut from the 2.4 million daily barrels expected previously. All supply growth is now

expected to come from outside of the OPEC Plus Alliance, with the conflict

forcing major Gulf producers to curb output and effectively shutting the Strait of Hormuz.

Overnight, crude prices topped $100 a barrel after Iran attacked three cargo ships trying to transit

...