Month: April 2026
Kalshi suspends, fines 3 congressional candidates in ‘insider trading’ enforcement actions
A Kalshi advertisement at a bus stop in Washington, D.C., March 19, 2026. Daniel Heuer | Bloomberg | Getty Images Prediction market platform Kalshi said Wednesday it had suspended and fined three candidates for Congress from Minnesota, Texas and Virginia for “political insider trading” activity on their own campaigns. Kalshi said in a statement that […]
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Lululemon names former Nike exec Heidi O’Neill as new CEO
Lululemon store sign on March 2,, 2026 in London, United Kingdom. Peter Dazeley | Getty Images Lululemon on Wednesday named Heidi O’Neill as the athleisure company’s new CEO, effective Sept. 8. The news comes after the company has seen more than a year of disappointing performance and been embroiled in a dramatic proxy battle, with […]
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BMW says it has no intention of dropping sedans, even as some rivals cut back
BMW wants to keep making sedans in spite of U.S. tariff pressures on German imports and the far higher sales of sport utility vehicles, said Sebastian Mackensen, the company’s North America chief. Mackensen made the comments in an interview on Tuesday, a day before BMW unveiled an updated version of its full-size 7 Series sedan, […]
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Southwest Airlines forecasts quarterly earnings below estimates on higher fuel
A Southwest Airlines Boeing 737 airplane lands at Los Angeles International Airport after arriving from Chicago on March 7, 2026 in Los Angeles, California. Kevin Carter | Getty Images Southwest Airlines forecast second-quarter earnings below analyst estimates, citing higher fuel prices, while the carrier held off on updating its full-year 2026 forecast. Southwest expects to […]
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RFK Jr. says he would support a potential ban on junk food TV ads
U.S. Secretary of Health and Human Services Robert F. Kennedy Jr. gestures as he speaks during an event at the Roosevelt Room of the White House in Washington, D.C., U.S., Dec. 19, 2025. Evelyn Hockstein | Reuters Health and Human Services Secretary Robert F. Kennedy Jr. on Wednesday said he would support a potential ban […]
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Delta Airlines is the most defensive airline with higher jet fuel prices, says TD Cowen’s Tom Fitzgerald
ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email TD Cowen’s Tom Fitzgerald joins ‘Closing Bell’ to discuss how investors should play the airline space, the least defensive airline stocks and much more. Source
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Strait of Hormuz remains basically closed as Iran seizes ships after Trump ceasefire extension
Ships and tankers in the Strait of Hormuz off the coast of Musandam, Oman, April 18, 2026. Stringer | Reuters Ship traffic through the Strait of Hormuz remained very light on Wednesday, the first day since President Donald Trump extended the ceasefire with Iran. Trump’s decision to unilaterally extend the truce has not opened the […]
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Pirro says DOJ won’t drop Fed probe, will appeal judge’s order blocking Powell subpoenas
U.S. Attorney Jeanine Pirro on Wednesday doubled down on her investigation of the Federal Reserve, even as the controversial probe endangers the confirmation of Kevin Warsh, President Donald Trump’s pick to replace central bank Chairman Jerome Powell. The criminal investigation centers on alleged cost overruns associated with the ongoing renovations of two historic Fed buildings […]
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Kevin Warsh gave his preferred way for measuring inflation. It could come back to bite him
Kevin Warsh, President Donald Trump’s nominee for Federal Reserve chair, told lawmakers that he would like the central bank to change its strategy for measuring inflation. But Bank of America economist Aditya Bhave warned Wednesday that such a reconfiguration — part of a broader “regime change” that Warsh has promised for the central bank — […]
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Virginia redistricting election win buoys congressional Democrats
U.S. House Minority Leader Hakeem Jeffries (D-NY) speaks with reporters as he walks to his office following a press conference at the U.S. Capitol building on March 27, 2026 in Washington, DC. Samuel Corum | Getty Images House Minority Leader Hakeem Jeffries struck a defiant tone Wednesday morning on the heels of Democrats’ win in […]
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