For Friday, April 10th, 2026
>>Stocks Close Higher On Wall Street
(New York, NY) -- Wall Street closed with stocks higher Thursday. It comes as optimism continues that the ceasefire between the U.S. and Iran could be sustained. However, very little traffic has been seen going through the Strait of Hormuz after the reopening of the waterway was listed as a main condition of the deal. President Trump says U.S. military forces will remain in Middle East until an agreement to fully end the war is reached. At the closing bell, the Dow Jones Industrial Average gained 275 points to 48-185. The S&P 500 climbed 41 points to 68-24. The Nasdaq rose 187 points to 22-822.
>>Consumer Prices Jump, Led By Energy Costs
(Washington, DC) -- Consumer prices jumped in March, led by surging energy costs due to the war in Iran. According to Bureau of Labor Statistics numbers out this morning, the consumer price index jumped nine-tenths of a percent for the month, pushing the annual inflation rate to three-point-three percent. Energy prices jumped by 10-point-nine percent. The jump is in line with what analysts were expecting. Excluding energy costs, however, prices rose point-two percent for the month and up two-point-six percent from last year. The Federal Reserve has a target inflation rate of two-percent when it makes decisions on interest rates.
>>Economic Growth Downgraded In Fourth Quarter Of 2025
(Washington, DC) -- New government data shows economic growth slowed more than expected during the fourth quarter of last year. According to a Commerce Department report, the GDP from last October, November and December increased by an annual rate of point-five percent, which is below the point-seven percent estimate. The department said consumer spending and investment largely drove GDP growth, while decreased government spending and exports detracted from it. It also noted that a 43-day lapse in federal funding led to gaps in expected spending as well.
>>Bessent Presses Congress To Pass Crypto Rules
(Washington, DC) -- Treasury Secretary Scott Bessent is calling on Congress to pass a cryptocurrency bill that would clarify rules for the market. Bessent argued in a Wall Street Journal op-ed that the U.S. is risking its role as a global financial leader and pushing the industry offshore by failing to pass the Clarity Act. The bill aims to provide a framework for determining when digital assets are considered securities or commodities as well as which financial regulator has jurisdiction over them. It passed in the House last July, but the Senate has not taken up the House bill and has sought to develop its own legislation.
>>Jobless Claims Up
(Washington, DC) -- First time jobless claims were up last week more than expected. Numbers from the Labor Department out this morning show 219 thousand claims were filed, compared to forecasts of 215-thousand. That's up from 203 thousand the previous week.
>>Lawsuit Filed Against Energy Drink Company After Texas Teen's Death
(Edinburg, TX) -- A Texas family is suing an energy drink distributor following their teenage daughter's death from an enlarged heart. Their attorney Bennie Agosto, Jr., says 17-year-old Larissa Rodriguez began drinking Alani Nu energy drinks in the year before she died. The suit alleges that the constant ingestion of excessive caffeine led to the high school student's death. The lawsuit is seeking a million dollars in damages from Glazer's Beer and Beverage, which distributes the energy drink in Hidalgo County.
>>Paramount Skydance To Launch Book Publisher
(Los Angeles, CA) -- Paramount Skydance is branching out into book publishing. The multimedia entertainment giant says its launching a new publishing firm called Paramount Global Publishing, which will focus on content inspired by its iconic portfolio of brands and franchises. Paramount says it will also generate new intellectual property through the creation of original stories. The move comes two years after Paramount Global sold its publisher Simon & Schuster to a private equity firm for about one-point-six-billion dollars.
>>Amazon Ending Support For Old Kindles
(Seattle, WA) -- Amazon is ending support of Kindle e-readers made before 2012. They'll be bricked May 20th, after which they won't be able to connect to the Kindle Store and download new content. Users will still be able to read content downloaded before that date.
>>Minivans Making A Comeback With Buyers
(Undated) - Minivans may be making a comeback. Though formerly associated with soccer moms, experts say middle-aged men are driving the change behind the reemergence. Minivans are now being rebranded as lifestyle vehicles and one New Jersey dealership owner said the vans provide additional utility. However, the shift is also about economics as data from Edmunds shows a full-size SUV averages just over 77-thousand dollars while a minivan costs approximately 48-thousand dollars.
