Business News

AM Business Notebook 

For: March 18, 2026

>>Ahead Of The Bell  

(New York, NY)  --  The opening bell rings this morning on Wall Street after stocks closed slightly higher yesterday.  Gains in Delta Airlines and other travel-related stocks helped markets extend a rebound from the Iran conflict turmoil.  At the closing bell, the Dow Jones Industrial Average gained 46 points to 46-993.  The S&P 500 added 16 points to 67-16.  The Nasdaq rose 105 points to 22-479.

 

>>Federal Reserve To Announce Interest Rate Decision 

(Undated)  --  The Federal Reserve's decision on interest rates is coming.  The central bank is widely expected to hold its benchmark interest rate unchanged when it wraps up a two-day meeting later today.  Fed Chair Jerome Powell will hold a press conference following the announcement. 

 

>>No Relief From Rising Gas Prices 

(Heathrow, FL)  --  Get ready to pay more at the gas pump - again.  The national average for a gallon of regular has climbed to three dollars and 84 cents, according to Triple-A.  That's up from three-79 on Tuesday.  A week ago, the national average was right around three-57.  In California, where prices are the highest in the country, drivers are paying five-56 a gallon on average.  Washington state and Hawaii now also have statewide averages above five dollars.    

 

>>Arizona Files Criminal Charges Against Kalshi

(Phoenix, AZ)  --  Arizona is taking a prediction market platform to court.  State Attorney General Kris Mayes announced that criminal misdemeanor charges have been filed against Kalshi [[ Cal-she ]].  The brand is accused of operating an illegal gambling business in the state as well as election betting. Mayes says both of those accusations breaks state law. This comes as Kalshi sued Arizona last week, which Mayes called preemptive and "an attempt to avoid accountability."  Kalshi's website says it's federally regulated by the Commodity Futures Trading Commission. 

 

>>Amazon Rolls Out 1-Hour And 3-Hour Delivery Options

(Seattle, WA)  --  Amazon is now offering delivery as fast as one hour for certain items.  The online retail giant rolled out one-hour and three-hour delivery options Tuesday.  Amazon says more than 90-thousand items including everyday household essentials, health and beauty items and over-the-counter medications are eligible to be quickly shipped.  The one-hour option is live in hundreds of cities and towns across the country.  Meanwhile, the three-hour option is available to customers in more than two-thousand cities and towns.

 

>>Pending Home Sales Increase In February

(Washington, DC)  --  Pending home sales unexpectedly rose in February.  The National Association of Realtors cited "improved affordability" for driving the one-point-eight percent increase in contracts signed from the prior month.  However, pending home sales declined eight-tenths percent year over year.  The Midwest led the way in monthly gains for February followed by the South and West.  Pending home sales declined in the Northeast last month. 

 

>>Iger Era Ending At Disney 

(Burbank, CA)  --  The incoming president of the Walt Disney Company is announcing a leadership overhaul.  Dana Walden is taking over as president and chief creative officer as Bob Iger steps aside as CEO today, passing that title on to Josh D'Amaro.  Debra O'Connell will be promoted to chair of Disney Entertainment Television.  She's currently president of the ABC News Group and Disney Entertainment Networks. 


 

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