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Tax fight heats up as New York targets wealthy homeowners20:22 New York policymakers push higher taxes on wealthy nonresident homeowners, intensifying the debate over revenue, housing and economic competitiveness. Europe has 'maybe 6 weeks' of oil left amid Hormuz blockade, energy agency chief says19:50 IEA director says Europe has about six weeks of jet fuel remaining as the Strait of Hormuz crisis sparks what he calls the largest energy crisis ever. PepsiCo says its price cuts are bringing shoppers back19:50 PepsiCo reports stronger results as snack demand begins to recover, driven by affordability efforts, though its beverage segment continues to lag. Mortgage rates fall as Iran ceasefire eases market tensions18:45 The average rate on a 30-year fixed mortgage fell this week to 6.3%, according to the latest Freddie Mac data released Thursday. That is down from last week s reading of 6.37%. Rising fuel costs threaten Spirit Airlines’ bankruptcy exit plan: reports17:41 Spirit Airlines faces mounting challenges as higher fuel costs threaten its restructuring plan and raise doubts about its financial recovery. Trump administration taps automakers to boost weapons production in WWII-style push9:05 The Trump administration is turning to automakers and manufacturers to boost weapons production in a World War II-style Pentagon push, officials say. Massive Honda recall impacts 440K vehciles over airbags potentially deploying ‘unexpectedly’8:01 Honda is recalling more than 440,000 Odyssey minivans after a software flaw caused airbags to deploy unexpectedly, with regulators linking the issue to dozens of injuries. Chili’s takes aim at McDonald’s with new value deal menu offerings0:49 Chili s launches six Big Crispy chicken sandwiches in its $10.99 3 For Me bundle, directly targeting McDonald s McCrispy in a battle over value diners. Snapchat parent company cuts 1,000 jobs in major AI-driven workforce restructuring0:49 Snapchat parent Snap is laying off about 1,000 employees and closing 300 open roles as activist investor Irenic Capital pushes for cost savings. LARRY KUDLOW: Let’s make April 15, Tax Day, a pro-growth tax cut day0:11 Trump is winning the Iran war, but on the home front he and the GOP need to do a better job selling pro-growth tax cuts. Live Nation says ‘game is not over’ after jury finds company liable for ticketing monopoly0:11 A federal jury in New York found Live Nation and Ticketmaster liable for monopolistic practices, in what attorneys general called a landmark victory. Average monthly mortgage payment hits new high, topping $2K for first time ever23:32 More than half of outstanding mortgages still carry rates at or below 4%, but new buyers face much steeper costs as average payments hit $2,005 per month. FBI offers urgent guidance on securing home routers after disrupting Russian intelligence hacking network22:55 The FBI says Russian GRU hackers exploited vulnerable home and office routers in the U.S. and offers tips to protect your network from cyber threats. Hochul tax plan targets high-end second homes amid revenue pressures22:18 New York officials propose an annual surcharge on second homes valued over $5 million in NYC amid a shrinking tax base and budget pressures. Costco quietly rolls out new long-awaited product, triggering shopper excitement21:40 Costco has introduced a new ultra-filtered, high-protein lactose-free milk in select stores, with shoppers calling the long-awaited product a highly anticipated addition. |