April 16, 2026 | On the Money INDIANAPOLIS (WISH) — Here is a look at Thursday’s business headlines with Jane King, who has the latest on gas prices and Starbucks’ new AI-powered app feature. Treasury secretary ‘optimistic’ on gas prices Treasury Secretary Scott Bessent said he was “optimistic” that the price of gasoline will fall over the summer driving season, heading back to $3 a gallon. Bessent said the lower prices will depend on how negotiations to end the war progress over the coming days. He also warned gas stations that the administration will keep an eye on them to make sure they are lowering prices if oil heads lower. Government wants to take your data to the bank Treasury Secretary Scott Bessent is preparing banks to collect citizenship data on customers. He told CNBC that the administration will start enforcing an executive order signed earlier this year. In the U.S., citizenship documents are not necessary in order to open a bank account. Banks are required to verify identity. President Trump threatens to fire Fed chair It’s Trump versus Powell. President Trump has threatened to fire Fed chair Jerome Powell if he doesn’t leave when his time is up. Since Trump’s replacement, Kevin Warsh, hasn’t been confirmed by the Senate, Powell may stay beyond his term end, which is May 15. Trump has complained about Powell for months because he won’t lower interest rates to the president’s liking. Booking.com warns users of data breach Booking.com phishers could be invading your inbox. The travel and hotel reservation platform notified customers this past week that their personal information, such as names, email addresses, phone numbers, and booking details, may have been compromised in the breach. Attackers are using the hotel and messaging systems tied to reservations to send convincing requests and messages to consumers. They often mimic real hotel communication on the booking platform, which can come off convincing. Starbucks brewing up AI-powered feature Starbucks is rolling out a new AI-powered feature in ChatGPT that suggests drinks based on your mood, cravings, or even a photo. The coffee giant is among the first major restaurant chains to embed AI into discovery and ordering.Customers can also upload a photo — like their outfit or the weather — to get drink suggestions that match the vibe ...read more read less