Business, Commodities & Shipping News 2026

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Dow rallies 800 points, S&P 500 tops 7,100 for the first time after Iran declares Strait of Hormuz open: Live updates​

U.S. stocks rocketed higher on Friday after Iran declared the Strait of Hormuz “completely open” on the heels of a ceasefire announcement between Israel and Lebanon.

The Dow Jones Industrial Average rose by 851 points, or 1.8%. The S&P 500 traded up 1.1% and crossed 7,100 for the first time, while the Nasdaq Composite gained 1.3%, with both hitting new all-time intraday highs. The Russell 2000 also reached a fresh high. The small-cap index was last up 2%.

More:

www.cnbc.com

S&P 500 notches first close above 7,100, Nasdaq posts longest win streak since 1992: Live updates

U.S. stocks rose on Friday after Iran declared the Strait of Hormuz "completely open" on the heels of a ceasefire announcement between Israel and Lebanon.
www.cnbc.com www.cnbc.com
 

The delivery fee crackdown is going national — from the FTC to Mamdani's NYC settlement​

  • Local and federal regulators are cracking down on junk fees on food delivery platforms.
  • While regulators are targeting fees, experts say the deeper issue is platform power and dependency.
  • Proposed regulations from the government could have ripple effects on ticketing and travel sites.
A growing crackdown on delivery apps is taking shape across the US.

More:

https://www.msn.com/en-us/news/othe...s-nyc-settlement/ar-AA21ivD1?ocid=socialshare
 
Podcast, nothing to see, can listen in one tab, play around the forum in a different tab.

Apr 21, 2026 The Human Action Podcast
Bob sits down with macro researcher Luke Gromen of Forest for the Trees to discuss the cascading supply chain consequences of a closed Strait of Hormuz. They also touch on why gold is already supplanting the dollar as the world's premier reserve asset, and what the surge in U.S. gold exports over the past five months tells us about where the global monetary order is heading.

Luke Gromen on the Strait of Hormuz and Supply Chain Collapse​

 

Wawa Has 1,200 Stores, 1 Billion Customers, and Millionaire Cashiers. Its ESOP Ownership Model Is Why​

Most convenience store chains follow a familiar path. Go public. Scale fast. Answer to shareholders.

Wawa took a different route, and that choice still shapes every store, every shift, and every customer experience.

Wawa is privately owned. The Wood family, descendants of the company’s founders, holds approximately 59 percent of the company’s shares.

More:

 
Has the Stock Market Really Been More Volatile Than Usual This Year? For most investors, stock market volatility is something to endure, not act upon. Dan Lefkovitz runs the numbers against the vibes. The vibes, as usual, are losing. (Morningstar)
 
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