Surging Gas Prices Disproportionately Squeeze LowerIncome Households New York Fed Study Suggests Merlin Labs Autonomous Aviation Pioneer Under Market Spotlight Prolonged Strait of Hormuz Closure Could Drive Crude Oil to New Highs Piper Sandler Warns UK Exports to US Slump 25 Following Trumps Liberation Day Tariff Actions Chancellor Rachel Reeves Unveils VAT Cut on Summer Activities in Unannounced CostofLiving Measure Apples Stock Surge Faces Key Test at WWDC AI Strategy in Spotlight Wall Street Futures Point to Fifth Consecutive Gain as AI Optimism and Lower Oil Prices Support Sentiment