Business

LARRY KUDLOW: Banking, blockading, and the final Iranian financial squeeze

Last week Treasury Man Scott Bessent unveiled Operation Economic Fury to put maximum financial pressure on the hoodlums running the Islamic Revolutionary Guard Corps. I’d like to give that economic fury some more visibility, because I think blockading Iran ports, which will keep the regime out of the money, along…

Apple CEO Tim Cook steps down

This is a breaking news story about Apple’s change in leadership. Please check back for updates. Apple CEO Tim Cook will step down from his role, the tech giant announced on Monday.The company named John Ternus, currently Apple’s senior vice president of hardware engineering, as Cook’s successor. “It has been…

Could S&P 500 ETFs alone fund your entire retirement?

Most investors have heard that investing in the S&P 500 is one of the best ways to create long-term wealth. It’s probably the default option in their workplace retirement plan. Even a lot of self-directed investors will put their money in the Vanguard S&P 500 ETF or the iShares Core…

Macy’s recalls popular kitchen item over burn risk

Macy’s is recalling thousands of Arch Studio tea kettles after federal safety officials warned of a potential burn hazard tied to the product. The recall, announced April 16 by the Consumer Product Safety Commission (CPSC), affects approximately 4,600 units, according to the agency.Officials said the tea kettle’s handle can detach…

Air Canada scraps key US routes as fuel costs surge amid Iran war

Air Canada announced on Friday that the airline is suspending select U.S.-bound flights as jet fuel prices continue to skyrocket in the wake of the Iran war.  The cuts, set to take effect this summer and last at least five months, will impact all service to John F. Kennedy International…