BUSINESS

FCC Brendan Carr appeared at a conservative conference on Friday touting his success cracking down on political opponents

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.Why we love this dealIt’s a rule ingrained from childhood: before going to bed, you turn off the overhead lights. No one wants to sleep in a bright home, and this daily routine also helps save on the electric bill, but it also comes with a downside. Navigating the house in the dark means unseen tripping hazards, potential corners to bump into, or a misstep that could cause a stubbed toe. For the hallway, bathroom, kitchen, and more, the classic plug-in nightlight is the perfect solution to this common conundrum, and you can even find stylish selections updated for the modern day.Simply stunning, the L Lohas 2-Pack of Dimmable LED Nightlights fits the bill for your home’s nighttime lighting needs, and it’s 26% off during Amazon’s Big Spring Sale. The two-pack of modern nightlights typically retails for $36, but this annual savings event has brought the price down to just $27. That puts each wall plug-in light at just under $14, which is more expensive than a basic plastic nightlight, but it’s still a bargain given this one’s high-end appearance and features, like dusk and dawn sensors for automatic shut-off and adjustable light output.L Lohas 2-Pack of Dimmable LED Nightlights, $27 (was $36) at Amazon

Courtesy of Amazon

Shop at AmazonWhy do shoppers love it?With 88% of shoppers giving these luxe nightlights a perfect five-star rating, it’s no question that shoppers approve of this indoor lighting. “I bought these for my kitchen, and they’ve made such a difference at night,” one shopper shared. They praised the lights, writing, “They give off the perfect amount of light for the counters — bright enough to see clearly, but soft enough that it doesn’t feel harsh or overwhelming.”The standout feature of these nightlights is their unique and sophisticated appearance, which is inspired by the timeless wall sconce style. The clear cylindrical design looks like glass, but it’s actually made from acrylic, so it won’t crack or shatter. Tiny bubbles are scattered throughout this transparent material, which looks dazzling when illuminated. For brightness without the harsh glare, the actual light source is hidden behind a golden band, which adds another touch of glitz and glam. “They feel super elegant and elevate the space,” raved one reviewer, who added that they’re “gorgeous to add to a powder room or hallway.”Related: Amazon is selling a mini dresser with a charging station for $36, and it even has built-in LED lightsIt’s the thoughtful touches that take these nightlights to the next level. Once you plug them in, you don’t have to give them a second thought. A light sensor automatically turns on the lights when it senses low-light conditions, like the sunset, and turns them off once the sun rises and it’s brighter indoors. Depending on how much light you need, there’s an adjustable slider on the side of the light, allowing you to set the brightness from 0 to 100 lumens. Pros and cons of the L Lohas Dimmable LED NightlightPros:They have a modern appearance: Nightlights can be an eyesore, but the classy design of these blends well with all kinds of home decor.They’re feature-packed nightlights: They come with everything you’d want in a nighttime light source, including a light sensor, an automatic on-and-off function, and adjustable lighting.Easy installation: To enjoy these nightlights, all you have to do is plug them into the wall. To adjust the light to your preferred illumination level, simply slide the dimmer switch on the side.Cons:These have three prongs: If you live in an older home that only has two-prong outlets, you won’t be able to use these. If you do have three-prong outlets, this design is actually sturdier and more stable for staying in the wall.There are cheaper options available: If you just want any type of light source at night, and don’t require any frills, like a stylish packaging or automatic power, you can find less expensive options.Shop more dealsDoresShop 2-Pack of LED Wall Plug Nightlights, $18 (was $25) at AmazonJandCase 2-Pack Dimmable Nightlights, $24 (was $33) at AmazonL Lohas Rotating LED Nightlight, $20 (was $26) at AmazonMake your home easier to navigate at night by adding the L Lohas 2-Pack of Dimmable LED Nightlights to your shopping cart. The $27 deal on these highly rated lights is part of Amazon’s Big Spring Sale, so don’t miss your chance to save.

Bruno Guimaraes and Sandro Tonali have both been linked with summer transfers away from Newcastle United after a difficult season for the Magpies.

Drawing a clear line on artificial intelligence in music, the Latin Recording Academy announced new guidelines as part of a broader update to its awards process.

For many busy Americans, managing the “what’s for dinner?” question can be a daily stressor. In the midst of juggling a career, family obligations, a social life, and the myriad of other things demanding our time and attention, deciding what to eat (and setting aside time to actually prepare that meal) can become the straw that broke the camel’s back. One study done by Whirlpool brands found that 63% of millennial parents “dread having to figure out what to cook for dinner on a day-to-day basis.”Another survey by Instacart, found that 1 in 5 adults skip cooking during the week because they’re simply too tired. “This lifestyle challenge affects working-age respondents the most and highlights the demand for fast, low-effort meal solutions,” the survey said.Luckily, Stop & Shop has a brand new solution.Stop & Shop is reinventing the hot barIn March, Stop & Shop announced it would be updating its hot bars, “transforming them into a meal solution center designed to make dinner easier, more flavorful, and more affordable for busy shoppers.”The new hot bars will feature an array of comfort foods, global favorites, and easy-to-pair sides daily from 4 p.m. to 7p.m. They’ll feature tried-and-true Stop & Shop offerings, as well as new items and recipes.The grocery chain is also lowering hot bar prices, making it a more affordable option for weekly shoppers. Per pound prices will now be just $9.99, down from $10.99.“As customers balance increasingly busy schedules, convenient meal solutions at their local grocery store have become more important than ever,” Stop & Shop Chief Merchant Lee Nicholson said in a statement. “Our hot bar updates provide more variety, strong value and the convenience shoppers are looking for when it’s time to put dinner on the table.”The hot bar updates will be rolling out at 250 stores across the country over the upcoming months, the grocery store says.New Stop & Shop Hot Bar offerings:Hot bar selections will vary based on location, but new entrees and sides shoppers can expect to find include:Black pepper steakThai coconut chicken thighsWhite wine mushroom chicken thighsBone-in ribsPork burnt endsMashed potatoesButtered cornBaked beansCollard greensMac & cheese
Source: Stop & Shop

Stop & Shop is refreshing its hot bar, making it the perfect destination for weeknight dinners.Shutterstock

The shift to ready-made meal solutionsStop & Shop’s announcement cited data from the Food Industry Association which indicated that shoppers have a growing interest in purchasing ready-made meal solutions.According to the FMI’s findings, in 2025 some 28% of shoppers said they purchased deli-prepared foods from grocery stores as a replacement for dining out. The trend was especially strong among millennials and Gen Zers.“[Consumers] want meals that deliver on quality and variety but also save time and money. This trend is substantiated by the steady growth in retail foodservice dollar sales rising 1.6% to $52.1 billion over the past 12 months,” FMI senior manager of research and insights Allison Febrey said in a statement.More retail:Kroger adds bold new offer for customers as gas prices riseOlive Garden is making big menu changes diners will loveStarbucks testing big changes to speed up morning routinesGeoff Alexander, CEO of fast casual chain Wow Bao, shared similar sentiments with PYMNTS.“The supermarket has really become where consumers get all their meals at home,” he told the outlet in 2023. “It’s not just dining out now in restaurants — grocery stores are finding different ways to keep people inside the store to find their next meal.”“Whether it’s prepared food counters or partnering with restaurants, they’re making additional opportunities for people to do one-stop shopping,” Alexander continued.Ready-made meal solutions from the grocery store often strike that perfect balance between value, convenience, and taste.Stop & Shop’s turn around planAfter years of lackluster performance, Ahold Delhaize, Stop & Shop’s parent company, has been working on a revitalization plan for the grocery store chain. The new hot bar is a key component of that plan.“The hot bar refresh builds on Stop & Shop’s multi-year initiative launched in 2024 to enhance the customer experience, including investments in lower prices, store renovations, and improved in-store service,” the company’s March announcement said. “The updated hot bar offering represents another step in the company’s ongoing commitment to delivering outstanding value and high-quality meal solutions for customers.”In addition to offering an expanded range of ready-made meal solutions, Stop & Shop has been renovating outdated stores across the country and lowering prices at select locations. Related: Walmart launches genius new way for customers to shop

JPMorgan pushed back emphatically on expectations of potential interest rate cuts in the back half of this year.According to the bank’s head strategist, Oksana Aronov, we’re unlikely to see aggressive tightening in monetary policy, with economic growth sluggish and risks creeping up under the surface.“The bar for hikes is quite high, especially now that we’re seeing some slowing of growth,” she said in an interview with CNBC, cited by Seeking Alpha.Moreover, according to the CME FedWatch, traders have effectively priced out Fed rate cuts for 2026.In fact, as per an FXStreet report, expectations point to a 30% chance of a rate hike by the end of the year, a stark reversal from the beginning of the year, when markets were pricing in a couple of cuts.Things flipped in March as inflation concerns tied to rising oil prices reshaped rate-cut expectations.For context, at the Fed’s latest meeting on March 18, 2026, the Fed’s target range remained unchanged at 3.50% to 3.75%.Aronov feels that the Fed’s rate cuts were premature, which effectively led to hidden risks in private credit. She warns that those pressures are creeping up slowly, complicating the Fed’s next move.

JPMorgan strategist warns Fed faces high bar for rate hikes as growth slows and risks buildPhoto by Anna Moneymaker on Getty Images

Wall Street shifts its Fed cuts timelineJ.P. Morgan said the Fed could hike by 25 basis points in Q3 2027.Macquariealso leaned hawkish, doubling down on its prediction for a Fed rate hike in the December 2026 quarter.Morgan Stanley also pushed back on its call earlier this month for the Fed’s next rate cut to September from June, on the back of higher inflation risks.Goldman Sachs and Barclays had previously delayed their Fed-cut calls before Morgan Stanley made its call, underscoring a broader shift across Wall Street.The bigger risk behind the Fed outlookAronov’s critiques that the Fed will be dealing with second-order effects from keeping financial conditions too loose for so long.More Federal Reserve:Fidelity delivers sobering interest-rate message amid Fed pauseJ.P. Morgan pushes back on Fed’s 2026 rate-cut forecastGlobal central banks signal shocking shift on interest-rate betsShe says that easing into an economy that was still resilient ended up encouraging excess risk-taking, particularly in areas like private credit. Loose financing conditions typically compress risk premiums, facilitating weaker borrowers in accessing capital while delaying recognition of underlying stress.As a result, she sees a gradual unwind, where problems surface over time as refinancing becomes a lot tougher and credit conditions tighten up.For investors and policymakers alike, that creates a more complex backdrop. If risks are building underneath the surface, the Fed’s maneuverability becomes limited, bumping rates, amplifying stress, which leads to imbalances deepening further.Why Aronov is wary of the long endAronov says that longer-dated Treasury yields are being pushed by forces the Fed cannot easily control. Related: Morgan Stanley sends clear message on semiconductor stocks after selloffInvestors can still be closer to the 4% mark at the front end, while the 10-year Treasury yield hovers around 4.42% as of March 26, compared to 3.96% for the 2-year, suggesting that aiming for duration comes with a lot more risk.Inflation is still sticky.
February CPI jumped to 2.4% from a year prior, and core CPI was up 2.5%. Moreover, the Fed’s preferred inflation gauge, PCE, was running at 2.8% in January, while core PCE was at 3.1%.

To make matters even worse, U.S. crude has skyrocketed by more than 70% year-to-date to about $100 a barrel, stoking worries that inflation might stay hotter for longer.
The fiscal backdrop is heavy.The Congressional Budget Office forecasts the U.S. budget deficit to surge to $1.85 trillion in fiscal 2026, or 5.8% of GDP.Treasury supply is still big.The Treasury expects to borrow a whopping $574 billion in net marketable debt in the January-to-March quarter. Moreover, its most recent quarterly refunding package jumped to $125 billion and will raise $34.8 billion in new cash from private investors.Cracks are forming in private creditAronov also discussed issues in private credit, which started surfacing following years of easy financing. Related: Cathie Wood sells $2.1 million of megacap tech stockThe numbers back up her argument, as we’re seeing pressure build through defaults, redemptions, and plummeting confidence in portfolio marks. Defaults are climbing.Fitch said that default rates in U.S. corporate private-credit borrowers struck a record 9.2% in 2025, up substantially from 8.1% in 2024, with 38 defaults across 28 borrowers.Investors are asking for redemptions. Reuters noted that Morgan Stanley, Apollo, and Ares have all received redemption requests in Q1 totaling over 10% of shares outstanding, exceeding the standard 5% quarterly limit. Also, Oaktree received 8.5% in redemption requests.The market grew robustly during the easy-money era. A Reuters report cites S&P Global Ratings, which said credit assets under management at the five biggest private lenders jumped by more than 50% from 2020 to 2025 to $2 trillion.How Aronov says investors should respondAronov makes the case for investors to avoid panicking and to become much more flexible and choosy.She says investors “are learning that lesson the hard way right now as both stocks and bonds are falling” in a “highly correlated way,”Hence, diversification matters a lot more than ever.She warned that the old habit of relying on stocks and bonds to offset each other isn’t working in this current market. Additionally, her team also keeps a sizeable cash cushion.The liquidity buffer gives investors a lot of room to handle choppiness, wait for more attractive entry points, and avoid being forced to sell into weakness. Moreover, she recommends credit protection, which she called “extremely inexpensive” because “we’re in the last throes of a credit cycle here.”So there’s value in downside protection before credit stress gets even worse. Finally, her advice is to be geographically selective. Despite the risks at home, she feels“The U.S. is still better positioned to weather this than Europe for sure,” especially since Europe faces potential energy shortages if the current geopolitical tensions persist.Related: Bank of America reinstates Microsoft stock coverage

Looking for help with today’s NYT Strands puzzle? Here’s an extra hint to help you uncover the right words, as well as all of today’s answers and Spangram.

The red-and-white striped shirts originally drew praise, until confused fans suddenly saw them on the field and on TV.

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More award-winning craft breweries are collapsing in the Craft Beer Apocalypse and permanently shutting down operations.Great American Beer Festival gold medal winner Olfactory Brewing closed its San Francisco brewery in December 2025, Berkeley, Calif., taproom in February 2026, and filed for Chapter 7 bankruptcy liquidation on March 4, facing unsustainable costs, according to social media posts.

Memphis Made Brewing closes its taproom, but will continue making beer and distributing.Shutterstock

Memphis Made Brewing closes facilitiesAnd now, popular craft brewer Memphis Made Brewing Company, which filed for Chapter 11 bankruptcy on Aug. 7, 2025, about a year after closing its original brewery location, will close its second taproom on March 29, 2026.The brewery said customers will still be able to buy Memphis Made beer around Shelby County, Tenn., for the foreseeable future, as it will continue to brew and distribute its beer, according to a Facebook post.Its restaurant at Memphis International Airport will also remain open for business, the post said.”After much consideration, we are closing our Edge District taproom,” the brewery said on its Facebook page on March 23. “Our last day will be March 29th.”The brewery, founded in 2013, thanked its customers in a Facebook post for their support.”We want to thank everyone who has come and visited us over the years,” the post said. “Whether you came in once or we saw you every week, we thank you. Being a part of a community as special as Memphis has been a true honor. Cheers.”Brewer closes original location in 2024Memphis Made Brewing closed its original brewery and taproom in July 2024 in the Midtown Cooper-Young neighborhood when its landlord wanted the space to expand his own business.The company consolidated its operations in its Downtown Memphis location, where it began brewing beer earlier in 2024. The debtor did not indicate a reason for filing for bankruptcy on social media, its website, or in its petitionMemphis Made Brewing assured its customers in a Facebook post that it would continue operating after filing for bankruptcy in August 2025, according to WREG-TV3 in Memphis.”After the reorganization process, we believe we’ll be a better brewery on the other side,” the brewery said at the time.Brewery had only Memphis taproomMemphis Made was the fourth craft brewery to open in the city and was the only one with a taproom when it launched 12 years ago, the Memphis Commercial Appeal reported.The brewery expanded its distribution over the years from Tennessee to Mississippi and Missouri.The brewery’s owners hinted that they would seek a buyer for the company when they filed for bankruptcy protection in August 2025.”When Drew (Barton) and I started Memphis Made, we really wanted to help make the city’s beer scene better,” co-owner Andy Ashby said at the time of the filing, according to the Commercial Appeal.Memphis Made hopes to find a buyer “Now there are more than a dozen breweries and brewpubs in Shelby County and we like to think we contributed a small part to the growth of craft beer in this area. We look forward to finding someone to continue that legacy,” Ashby said.The continuing Craft Beer Apocalypse may have prevented the brewery from finding a buyer for its facilities.The craft brewery has won several awards over the years, including a No. 2 ranking among the nation’s best airport bars from USA Today in 2023, the Commercial Appeal said.Related: 79-year-old Home Depot rival closes hardware store, no bankruptcy