For: March 5, 2026
>>Watching Wall Street
(New York, NY) -- Investors will be keeping a close eye on Wall Street today after stocks closed higher on Wednesday. It came as a surge in oil prices appeared to pull back as the conflict between the U.S. and Iran escalates in the Middle East. At the closing bell, the Dow Jones Industrial Average gained 238 points to 48-739. The S&P 500 rose 52 points to 68-69. The Nasdaq jumped 290 points to 22-807.
>>Trump Officially Nominates Kevin Warsh For Fed Chair
(Washington, DC) -- President Trump has officially nominated Kevin Warsh for chairman of the Federal Reserve. The White House confirmed the news in a statement on Wednesday. If confirmed by the Senate, Warsh would take over for current Chairman Jerome Powell for a four-year term. Trump said publicly that Warsh would be his pick to replace Powell as head of the U.S. central bank over a month ago.
>>Record Numbers Of Workers Raiding 401(k) Savings
(Undated) -- A record number of workers are raiding their 401(k) savings due to financial emergencies. New data from Fidelity Investments shows the average 401(k) balance rose eleven percent in 2025, but a recent Vanguard report also found an uptick in hardship withdrawals. Vanguard data shows roughly six percent of workers took a hardship withdrawal in 2025, marking a record high. A divergent economy has given people record retirement savings, but it has also created a bigger need to dig into them.
>>Private Employers Add 63K Jobs In February
(Undated) -- Private employers in the U.S. added 63-thousand jobs last month, according to private payroll processor ADP. That's more than expected and the most monthly gains since last July. The findings showed job creation was led by construction, education and healthcare.
>>Google Settles With Epic Games, Clearing Way For Fortnite Return
(Mountain View, CA) -- Fortnite is making a return to Google Play Store. Epic Games founder and CEO Tim Sweeney broke the news on X Wednesday. It comes after Google agreed to a number of changes as part of its settlement in a years-long legal battle with Epic Games. Changes to the Play Store include lowering the commission for in-app purchases. Recurring subscription fees will also be capped at ten percent. The settlement still needs final approval
>>Live Nation-Ticketmaster Antitrust Trial Continues Today In NYC
(New York, NY) -- The antitrust Live Nation-Ticketmaster trial continues in New York City. The long-awaited trial kicked off this week, claiming Ticketmaster and parent company Live Nation created an illegal monopoly when they merged in 2010, inflating concert ticket prices and crushing their competition. Among those taking the stand Wednesday, former Barclays Center CEO John Abbamondi. The DOJ filed a lawsuit in an attempt to break up the monopoly and make the concert industry more competitive. Live Nation and Ticketmaster claim their practices are fair and have never harmed competition. The trial is expected to last several weeks.
>>Eddie Bauer Closing Up Shops
(Seattle, WA) -- Eddie Bauer is calling off a planned bankruptcy auction for its remaining brick-and-mortar stores. The outdoor apparel retailer filed for Chapter 11 bankruptcy last month after more than a century in operation. The hope was to find a ?buyer willing to snap up some - if not all - of its 174 stores. Having had no luck in attracting such a buyer, a bankruptcy auction scheduled for this Friday has been canceled. As for shoppers, they're being reminded to use up any gift cards that may be lying around by this time next week and to keep in mind that all sales are now final at Eddie Bauer.
