Microsoft has begun the process of bundling the consumer Copilot and the Microsoft 365 Copilot for business into a single app experience.

The impact of the delay in reopening the Strait of Hormuz is first being seen in the refined oil market, such as diesel, rather than crude oil. Recently, Brent crude has been around $90 per barrel, dropping to $87.

Initial jobless claims in the U.S. rose to 209,000. While the claims exceeded expectations, the four-week average remained stable, suggesting that a sharp increase in layoffs is not necessarily imminent.