Traders wary that traffic through the Strait of Hormuz is still restricted.
BUSINESS
Boeing lands another huge military deal
A fresh military contract just might signal momentum and stability for Boeing (BA). The U.S.-based multinational that designs and builds airplanes, helicopters, rockets, satellites, and missile systems for customers around the world also offers leasing and support services for its products. Boeing ranks among the largest aerospace manufacturers globally and is one of the top defense contractors by revenue, as well as the biggest exporter in the United States by value.Founded in 1916 by William E. Boeing in Seattle, the 100-year-old multinational, has evolved into its current form after merging with McDonnell Douglas in 1997. As of May 2022 to date, its headquarters is located in the Crystal City area of Arlington County, Virginia. Fast forward, the aerospace giant just landed a new deal with the U.S. Air Force, adding to what has already been a busy year of major orders and operational recovery. Boeing (BA) stock, trading around $208 according to Yahoo Finance, has gained solid ground over the past year, rising more than 50%.But this latest win isn’t just about the dollar value. It comes at a time when Boeing is rebuilding trust, stabilizing production, and trying to prove its long-term growth story is back on track.Boeing wins new Air Force contract for KC-46 supportBoeing just secured a $101.29 million contract tied to its KC-46 tanker program, a key part of its defense business.The deal, awarded by the U.S. Air Force, covers repair parts and support services under a one-year agreement funded through fiscal 2026–2027 budgets. The work is expected to run through April 6, 2027, with the Defense Logistics Agency Aviation overseeing the contract.Related: Boeing faces new threat as Iran war raises pressureSo why does this matter? While $101 million may not move the needle compared to Boeing’s massive commercial deals, it reinforces steady defense revenue streams, continued reliance on Boeing’s military platforms, and long-term support contracts that add predictable cash flow.And in a volatile global environment, defense stability can be just as valuable as big commercial wins.
Christopher Pike/Bloomberg via Getty Images
Boeing also has a rich list of the latest deals This latest contract is just one piece of a much larger trend. So far in 2026, Boeing has been on a deal-making streak, and some of these agreements are massive.Here are a few highlights:Korean Air approved a $36 billion order for 103 aircraft (777-9, 787-10, 737-10, and 777-8F), with deliveries running through 2039, according to Reuters.Air Astana finalized its largest-ever deal for up to 15 787-9 Dreamliners, expanding its long-haul fleet to 18 aircraft, including leased unitsEthiopian Airlines maintains a landmark commitment for up to 67 jets, including 787 Dreamliners and 737 MAX, the largest order by an African airlineChinese carriers are reportedly considering a massive order of up to 500 737 MAX jets, potentially Boeing’s biggest China deal in nearly a decade, as reported on Investing.comDefense segment: United States Air Force awarded contracts for E-4B support and T-38C avionics upgrades in 2026Services segment: Boeing announced its largest-ever landing gear exchange program at the Singapore AirshowThese deals point to one clear fact: Demand for new aircraft is coming back fast.Why now? Airlines are modernizing fleets, expanding long-haul routes, and preparing for future travel demand. And Boeing is positioning itself right at the center of that recovery.Boeing also reported strong fourth-quarter resultsThe company’s latest financial results, reported on January 27, 2026, suggested it’s heading in the right direction.In its fourth-quarter 2025 report, Boeing posted:Revenue of $23.95 billion (up 57% year-over-year)GAAP earnings per share of $10.23 (boosted by a non-operating gain), with core EPS (non-GAAP) at $9.92, beating expectationsPositive free cash flow turned positive in 2025 at $1.06 billion, recovering from a $12 billion loss in the previous year.For the full year, revenue reached $89.5 billion, a 34% increase year-over-year. Boeing also delivered 600 commercial aircraft, its highest total since 2018.Even more striking, Boeing’s backlog has surged to a record $682 billion, including more than 6,100 airplanes. That backlog acts as a long-term revenue pipeline and a signal of strong future demand.Related: United Airlines makes big change to its bags policy”We made significant progress on our recovery in 2025 and have set the foundation to keep our momentum going in the year ahead,” said Kelly Ortberg, Boeing president and chief executive officer.The company’s next earnings report is scheduled for April 22, which could offer more insight into whether this momentum is continuing.Boeing’s stock performance shows a 50% 1-year returnFrom a market perspective, according to Yahoo Finance, Boeing’s recovery is becoming more visible.Here’s how it stacks up against the S&P 500 as of April 7, 2026:Up 51.23% over the past year, outperforming the S&P 500’s 30.71% gainDown 3.28% year-to-date, lagging the S&P 500’s 3.34% riseSlightly down 0.65% over three years, versus the S&P 500’s 61.19% surgeDown 16.86% over five years, compared to the S&P 500’s 62.18% gainThe data shows Boeing’s recovery is gaining traction in the near term, especially over the past year, where it has clearly outperformed the broader market. However, the year-to-date pullback suggests some recent pressure, while the three- and five-year figures show how far the company still has to go to fully catch up.So, what’s driving the recent strength, and what comes next?Boeing is gaining momentum, supported by rising aircraft deliveries, major contract wins, improved financial performance, and renewed investor confidence. Recent moves, including the acquisition of Spirit AeroSystems, stabilizing 737 MAX production, and ramping up 787 output, show a clear push toward tighter production control and consistency.More Airlines:American Air launching 15 new summer routes between U.S. citiesLow-cost airline will launch new flight to South Korea from USAmerican Airlines joins the Spirit Airlines bankruptcy caseLooking ahead, the focus shifts to execution. Key things to watch next include delivery timelines, margin improvement, and continued deal flow, alongside updates from upcoming earnings. While risks around production stability and global demand remain, Boeing’s recovery story is increasingly defined by steady progress. Deal by deal, delivery by deliveryRelated: UBS Resets 2026 S&P 500 target
Amazon is selling a narrow bookshelf for just $23, and it holds up to 30 pounds
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 dealNot every storage problem requires a full wall of shelving. Sometimes the fix is a slim, well-designed unit that quietly handles the overflow — and at a price that won’t make you think twice.Enter the Furinno Fulda 2-Tier Narrow Bookshelf, available on Amazon for $23. It’s not flashy, and it’s not trying to be. What it is, however, is a genuinely practical piece of furniture for anyone dealing with a cramped bedroom, a cluttered home office nook, or a dorm room where every square inch counts.Furinno Fulda 2-Tier Narrow Bookshelf, $23 at Amazon
Courtesy of Amazon
Shop at AmazonWhy do shoppers love it?Most people shopping for a bookcase default to wide, multi-shelf units and then spend the next six months cramming things onto it while it slowly dominates the room. This bookshelf takes a different approach. With a narrow 6-inch width, this 2-tier bookcase features a closed back and slot-in backboard designed to slide into tighter spots, making it a practical choice for small-space organization without taking over the room. That footprint — less than half a foot wide — is the kind of spec that sounds minor until you’re trying to squeeze storage into a hallway alcove, next to a toilet in a small bathroom, or into a gap beside a desk.The unit includes two shelf levels with one adjustable shelf, so it’s ideal for holding books, binders, notebooks, decor, and small baskets, keeping essentials visible, sorted, and easier to reach each day. That adjustability is what separates this from cheaper, fixed-shelf alternatives that become useless the moment you try to store anything taller than a paperback.Weight capacity tops out at 10 pounds per shelf and 30 pounds total, so this isn’t the unit for your encyclopedia collection or cast-iron knickknacks. This bookcase is engineered for affordability and everyday residential use, not heavy-duty hauling. It’s also quick to assemble, unobtrusive in any room, and priced so low that buying two to flank a doorway or create a reading corner costs less than a single fancy candle. Sometimes the smartest storage solution is also the smallest one.Pros and cons of the Furinno Fulda 2-Tier Narrow BookshelfPros:Affordable: $23 is a small price to pay for this handy item.Ideal for adding storage to unusually small spaces: This will fit in spots that most bookcases won’t since it’s so small.Easy to assemble: Shoppers say it’s a snap to put this together.Cons:It’s tiny: This bookshelf is meant to go in very specific spaces, so it will only work for you if that’s what you’re looking for.Assembly is required: While assembly should be easy, you do still need to put it together yourself.Related: Target is selling a $350 storage cabinet for $90 with 5 compartments and both open and hidden storageMore than 1,100 shoppers have given this bookcase a five-star rating, and it’s earned plenty of praise in the review section as well. “These are nice and simple, pretty durable, and extremely helpful in a small bathroom,” one shopper wrote.”For the size, appearance, and function, I think these are a great value,” a second shopper wrote. “If you need a narrow bookshelf for small areas or to flank another piece of furniture, these are a really practical option.”Shop more deals Furinno 2-Cube Bookshelf, $47 (was $53) at AmazonFurinno 6-Cube Bookshelf, $72 (was $85) at AmazonHomes: Inside and Out 2-Cube Storage Organizer, $28 on AmazonWhether you need some extra storage next to a desk or somewhere to stash extra toilet paper in a tiny bathroom, the Furinno Fulda 2-Tier Narrow Bookshelf can get the job done. Best of all, it’s less than $25.
How ‘Any Lawful Use’ Of AI Has Triggered Immense Legal And Societal Controversy
Headlines abound on “any lawful use” of AI. What is the controversy? Why does it matter? I answer those crucial questions. An AI Insider scoop.
CFTC presses case that sports betting is finance, seeks to block Arizona enforcement
Federal lawsuit argues event contracts are swaps under U.S. law, not state-level gaming law, deepening a split with states that view the products as illegal gambling
Walmart is selling a $200 2-in-1 laptop and tablet for only $109
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 dealPersonal computing looks almost nothing like it did just 15 years ago. The proliferation of smartphones, smartwatches, and tablets has blurred the lines between personal and business use. For its part, remote work has made laptop computers all but essential for much of the public. That’s why finding the perfect all-in-one device is such a treat these days, and Walmart has delivered. If you can grab this Flash Deal before inventory runs out, then you’ve already won.The Zonko 10-Inch 2-in-1 Laptop and Tablet is on sale right now for only $109. That’s an unbelievable 46% off the original price of $200. If ever there was a time to throw caution to the wind and click the buy button, this is it.Zonko 10-Inch 2-in-1 Laptop and Tablet, $109 (was $200) at Walmart
Courtesy of Walmart
Shop at WalmartWhy do shoppers love it?This convenient little machine can handle any tech task you throw its way, and it does so quickly. That’s because it has a Unisoc Octa-Core processor that operates at 1.6 gigahertz (GHz). This means it can easily handle multiple apps and processes at the same time without lagging or freezing up. It’s aided by 14 gigabytes (GB) of RAM and 128 GB of ROM. That memory capacity can be increased to a full terabyte (TB) by utilizing the built-in Micro-SD port.The laptop comes with the highly impressive Android 15 operating system. It’s extremely user-friendly and even incorporates AI into multiple aspects of its operation. Some of these include an automatic theft detection lockout, camera and photo enhancements, and Google’s Gemini AI integration. It’s one of the most intuitive devices you can buy at this price point.While the internals and software of this laptop are impressive, there’s plenty of hardware to brag about as well. For starters, the 10-inch touchscreen offers full HD crystal-clear images. The 1920 by 1200 IPS display provides the ultimate color palette for photo editing, video streaming, and even gaming. It’s also highly legible for those working on spreadsheets and other work-related tedium. The computer comes with front- and rear-facing cameras and dual stereo speakers as well.Also included are a folding tablet case, wireless keyboard, wireless mouse, and stylus, which makes this the ultimate portable computing device. It’s lightweight, durable, and ready to change the way you work and play. Related: Amazon is selling a 2-in-1 laptop and tablet for just $63Details to knowProcessor: Unisoc Octa-Core processor.Memory: 14 GB of RAM and 128 GB of ROM, expandable to 1 TB.Operating system: Android 15.Accessories: Case, keyboard, mouse, and stylus.Walmart shoppers were very satisfied with this little tech marvel. One said, “I have had other devices, but this one is the best. I would give it 10 stars if I could. I would recommend this to anyone who wants something light, easy to use, and great for games and movies.”Shop more deals Meize Android 15 Tablet, $93 (was $200) at WalmartHyyuo 2-in-1 Touchscreen Laptop, $260 (was $529) at WalmartApple 11-inch iPad A16 2025, $342 at WalmartThe Zonko 10-Inch 2-in-1 Laptop and Tablet is a wonderful gift for friends, family, or even yourself. If you buy it now, you can get it for only $109. That’s quite a small price to pay for multiple devices in one.
Wells Fargo uncovers a costly trap in your savings
You trust your financial advisor with your retirement, your children’s college fund, and your family’s long-term security. You assume that person is legally required to act in your best interest every single time they make a recommendation on your behalf.That assumption could be costing you thousands of dollars each year without you ever realizing it. A new report from Wells Fargo’s Wealth & Investment Management division exposes a critical gap in the delivery of financial advice to everyday savers.The issue comes down to a single word that most people have never heard before and almost no one fully understands. That word separates advisors who must put your needs first from those who only need to recommend something “suitable.”The difference between those two standards can mean tens of thousands of dollars lost from your retirement accounts over a lifetime. Here is what Wells Fargo wants you to know before your next meeting with a financial professional.The fiduciary standard vs. suitabilityA fiduciary is an individual or institution that is legally required to put the interests of those they serve above their own. This standard encompasses loyalty, care, good faith, accountability, impartiality, and obedience to governing documents,as explained in Wells Fargo’s fiduciary report.The suitability standard, by contrast, only requires that a recommendation be “appropriate” given your financial profile. A broker operating under suitability can recommend a product that pays them a higher commission as long as it loosely fits your goals.That means your advisor could steer you toward a mutual fund with a 2% expense ratio, even though a nearly identical index fund charges 0.03%. Both may be “suitable,” but only a fiduciary is obligated to recommend the option that truly serves your financial future.Conflicted financial advice drains billions from American retirement accountsThe financial cost of non-fiduciary advice is not a theoretical problem reserved for policy debates in Washington. Working- and middle-class families receiving conflicting advice earn investment returns roughly 1 percentage point lower each year, a White House Council of Economic Advisers analysis found.Roughly $1.7 trillion in IRA assets are currently invested in products that create conflicts of interest for the professionals who recommend them. The aggregate annual cost of that conflicted advice is approximately $17 billion, according to the same CEA analysis.A typical worker who receives conflicted advice when rolling over a 401(k) to an IRA at age 45 could lose an estimated 17% of their account balance by age 65. On a $200,000 rollover, that translates to roughly $34,000 in lost savings before you factor in compounding over those additional years.
Conflicted advice quietly cuts returns, costing everyday investors thousands and shrinking retirement savings over time.ArtistGNDphotography/Gettyimages
Federal courts killed the fiduciary rule for a second time in March 2026The Department of Labour attempted twice to raise the legal bar for brokers advising retirement savers on rollovers and other decisions. The original 2016 rule under the Obama administration was vacated by a federal court in 2018 after industry groups successfully challenged it.A revised version called the Retirement Security Rule was finalized in April 2024 under the Biden administration but faced immediate legal challenges. Federal courts vacated key provisions of that updated rule in 2025, and the Trump administration declined to pursue the appeal, CNBC reported in March 2026.Related: BlackRock uncovered a flaw in retirement plansTexas district courts then issued final orders in March 2026, vacating the regulation entirely because no party was defending it. The practical effect is that each type of financial intermediary now operates under a different regulatory standard for rollover advice.“Since most rollover recommendations are one-time recommendations, that means they are typically, in almost all occasions, not fiduciary advice under ERISA,”— Fred Reish, retirement law expert and of counsel, Ferenczy Benefits Law Center.“We are truly back to status quo,” said Fred Reish, retirement law expert and of counsel, Ferenczy Benefits Law Center in comments to CNBC. That patchwork of standards makes it harder for typical retirement savers to know which rules govern the advice they receive.Digital disruption and market complexity make fiduciary protection urgentWells Fargo’s report highlights three forces reshaping the financial advice landscape, making the fiduciary standard more relevant today. The expansion of digital assets, the rise of algorithmic investment tools, and the growing influence of artificial intelligence are changing how people receive guidance. These tools can be helpful, but they also introduce new conflicts and risks that many consumers do not fully understand before committing their money. Increased market volatility, global economic uncertainty, and the growing presence of alternative investments in traditional portfolios present real challenges for everyday savers. You may be invested in products you cannot easily evaluate without professional expertise, and that complexity benefits advisors who profit from opacity. A fiduciary is obligated to explain these risks clearly and to select investments that genuinely align with your personal financial goals and timeline.More Personal Finance:Retirees following 4% rule are leaving thousands on the tableFidelity says a $500 policy could protect your entire net worthFidelity’s 4 Roth strategies could save your family a fortune in taxesThe intergenerational wealth transfer now underway adds another layer of urgency to the fiduciary question for families managing trusts and estates. Coordinating tax strategies, estate plans, and family governance across multiple generations requires advisors whose legal obligation runs directly to your family’s benefit. Wells Fargo’s Andy Reinhart, Head of Trust & Fiduciary, warns that choosing someone without the right experience or legal obligations can jeopardize decades of planning. Bad financial advice from unvetted online sources compounds the problem significantly for younger savers who rely on social media and AI chatbots. 57% of Americans surveyed said they have made financial decisions based on bad online advice and regretted it,a 2025 CFP Board survey found. Working with a credentialed fiduciary provides a reliable check against the misinformation flooding your feeds every day.Steps to verify whether your advisor is a true fiduciaryProtecting yourself starts with one direct question at your next meeting with any financial professional: “Are you a fiduciary, and will you confirm that in writing?” If the answer is anything other than a clear yes, you should understand exactly what standard of care governs the advice you are receiving.How to check your advisor’s fiduciary status:Search the SEC’s IAPD database: Visit adviserinfo.sec.gov to verify if your advisor or firm is registered as an RIA, which triggers the fiduciary standard.Read their Form ADV: This public document filed with the SEC details fees, services, conflicts of interest, and disciplinary history for registered investment advisors.Use FINRA BrokerCheck: Search FINRA’s BrokerCheck database to review your broker’s registration, employment history, and any regulatory actions or customer complaints on record.Verify CFP designation: Certified Financial Planners are held to a fiduciary standard through the CFP Board’s code of ethics and can be verified at cfp.net/verify.Ask about compensation structure: Fee-only advisors earn no commissions from product sales, which reduces conflicts of interest significantly compared to fee-based or commission-based models.A team-based approach to financial advice reduces hidden costsWells Fargo’s report emphasizes that a successful fiduciary relationship requires collaboration among financial advisors, bankers, trust officers, and tax professionals. A single advisor working in isolation may miss opportunities, overlook tax implications, or fail to coordinate estate planning with investment strategy effectively.You should ask whether your advisor works within a team structure and how that team communicates about your long-term goals. Selecting the right people and institutions committed to working together toward your objectives is critical to protecting your family’s future.“Choosing someone who does not have the appropriate experience or your best interests in mind can jeopardize decades of hard work and aspirations,” Andy Reinhart wrote in the Wells Fargo report. That warning should be the starting point for every conversation you have with a financial professional going forward.3 questions to ask before an advisor meetingThe regulatory environment is unlikely to change in your favor anytime soon, so the responsibility falls on you to protect your own savings. Prepare these three questions and insist on clear, written answers from your financial professional before your next scheduled meeting.Are you legally serving as my fiduciary for every recommendation you make, including rollovers and insurance products?How are you compensated, and do you receive any commissions, referral fees, or revenue-sharing payments from the products you recommend?Will you provide me with your Form ADV Part 2 and a written statement of your fiduciary obligation before our next transaction?If your advisor cannot or will not answer these questions directly, that silence tells you everything you need to know about whose interests come first. Your retirement savings deserve the highest legal standard of care available.Related: Wells Fargo reveals one reason parents are going broke
XRP slips 4% as selling pressure builds despite ETF inflows
Elevated volume and modest institutional buying fail to support price, with sellers continuing to dominate near resistance.
Macy’s is selling $50 noise-canceling headphones for just $20
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 dealA good pair of headphones doesn’t just give you a way to listen to your favorite artists and songs. When they’re built right, they can help quiet the noise of a chaotic world. Life can be overwhelming, and sometimes a little bit of quiet can help you reset and renew your energy so you feel ready to take on whatever comes your way. With so many models built with special noise-canceling technology these days, headphones cut out the chatter of your surroundings, allowing you to enjoy the peaceful quiet, your favorite pop artist, or your go-to TV shows that you love binge-watching whenever possible. This technology used to come with a hefty price tag, but nowadays, you can get exactly what you’re looking for without breaking your budget. During Macy’s Biggest Spring Sale, the Edifier Pro Wireless Over-Ear Headphones are 60% off. Save $30 on the originally-priced $50 noise-canceling headphones and grab your own pair for just $20 for a limited time. Edifier Pro Wireless Over-Ear Headphones, $20 (was $50) at Macy’s
Courtesy of Macy’s
Shop at Macy’sWhy do shoppers love it?These headphones take the hassle of dealing with tangled up cords completely out of the equation thanks to their wireless technology. Unlike earbuds which are inserted into the ear canal, these headphones are much more comfortable since they slide over the ear, and are made with special padding to prevent your ears from getting sore or irritated when you’re wearing them. The padded coverings surround a 40 millimeter titanium-coated driver which helps deliver clear, crystal audio and sound without breakup and distortion. It helps provide high-resolution sound that is balanced and crisp for music lovers and audiophiles.The headphones use advanced hybrid noise cancellation technology to reduce background noise by up to 43 decibels — the equivalent of a quiet library or the hum of a refrigerator. There are multiple noise-canceling modes that actually allow you to customize the technology and work for a variety of environments, whether that’s while you’re commuting on public transportation or working in an office. The headphones also have AI-powered noise reduction technology that works alongside the beamforming microphones built-in to adjust automatically and provide clear, hands-free calls. It adjusts your voice and surroundings so that you can be heard even in super noisy environments. You can get up to 56 hours of playtime on the headphones with a single charge, with a quick 15-minute charge providing an additional 10 hours of play power. Related: Macy’s is selling a $110 tennis bracelet for just $24The Bluetooth-friendly headphones can seamlessly connect to Bluetooth technology to allow for multipoint pairing with other devices. You can connect the headphones to a TV, your laptop, an iPad, or some other Bluetooth-compatible device. There’s also a USB-C input for wired connections. What to expect from a $20 noise-canceling headphones: Pros and consProsSoft and comfortable: The cushioned padding ensures a comfortable listening experience that doesn’t compress or irritate the ears. Extended battery life: The headphones have 56 hours of playtime on a single charge. Fast-charging: The headphones charge quickly, with a quick 15-minute charge boosting battery life by 10 hours. ConsNoise-canceling technology shortens battery: The noise-canceling technology sucks up more battery life when it is on. The headphones have 56 hours of playtime when it is off, but only 35 hours when it is enabled. Shoppers are impressed with the battery life, saying that they hold a charge well and they charge quickly. Navigating the different noise-cancellation modes is a bit challenging but their petite size and foldable capabilities make them great for on-the-go use and travel. They also pair well via Bluetooth with other devices. Shop more deals Beats Solo Buds True Wireless Earbuds, $70 (was $80) at Macy’sGabbaGoods 10,000mAh Charging Power Bank, $27 (was $30) at Macy’sJBL Clip 5 Utra-Portable Waterproof Bluetooth Speaker, $60 (was $80) at Macy’sA crappy pair of headphones shouldn’t get in the way of listening to your music and streaming your favorite TV shows and movies. For only a limited time, you can score the Edifier Pro Wireless Over-Ear Headphones and enjoy a comfortable listening experience with high-quality sound and technology for just $20.
Bitcoin’s next big move hinges on oil, and right now it’s a total coin flip
Analysts say a sustained 15%–16% decline in crude could revive Fed rate cut bets, sending BTC higher.