Good Friday shuts CME futures and ETF activity, removing a key source of demand as large holders continue distributing and spot demand weakens.
BUSINESS
Kate Spade Outlet is selling a $399 satchel bag for just $89, and it comes in six colors
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 dealSpringtime makes us sing for lots of reasons, but one of the best things we love once the season starts to change is the switch to fun spring clothing and accessories full of florals, fun patterns, and with lots of pastel colors. It’s not new by any means, but after such a dreary winter, they have a way of waking our frozen spirits up, and there’s always new items on our wishlist when we see what our favorite retailers have cooked up since last April and May. Kate Spade Outlet does pastel colors like no other, and there’s nothing we like more than seeing them on newer drops and launches, particularly when those same products are on sale. Right now, Kate Spade Rae Medium Satchel is 78% off its original $399 price tag, meaning you can save $310 and grab your own in one of six colors for just $89. Even better? Kate Spade Outlet has a special deal running right now where you get a free green screw-top 9-inch Kate Spade-branded water bottle for free when you spend $150. With the money you save on the satchel bag, you could also purchase the Pinch Shoulder Bag or the Knott Straw Carryall Bag and get yourself a fun new water bottle in the process. Kate Spade Rae Medium Satchel, $89 (was $399) at Kate Spade Outlet
Courtesy of Kate spade Outlet
Shop at Kate Spade OutletWhy do shoppers love it?Made of Saffiano PVC, this synthetic leather purse is coated in a plastic-resin that gives it its sheen, emphasizing the fabric’s signature diagonal crosshatch, embossed texture while also making it water-resistant and highly durable. Measuring 12.4 inches long, 5.5 inches wide, and 8.4 inches high, this satchel bag is structured featuring a flat bottom with rectangular, crisp edges, two handles, and a shoulder strap. The two handles have a strap drop of 4.5 inches, so you can easily sling your arm through or carry them in your hand. The shoulder strap is removable and adjustable, measuring 24 inches at its longest length. It’s perfect for carrying the bag over your shoulder or as a crossbody diagonally against your chest.The interior of the bag has a fabric lining which adds to the bag’s structural integrity and prevents wear and tear from your personal items. There is an interior back zip pocket which is suitable for storing more personal or sensitive items, but the rest of the purse is big enough to fit most large phones,wallets, and even an iPad.Related: Kate Spade Outlet’s new mini crossbody bag is on sale for only $79 in all 6 colorsWith a drop zip-top closure, the bag’s zipper is “dropped” or sits below the top edge of the bag, almost hiding it from plain sight. It offers a more polished look while still providing you with security to keep your items safely stored inside. The purse comes in a neutral black and white hue as well as four other bright, fun pastel shades. Depending on the color, the bag has gold or silver hardware. Details to knowMaterial: Saffiano PVC and fabric lining. Dimensions: The bag measures 12.4 inches long, 5.5 inches wide, and 8.4 inches high. It has a handle drop of 4.5 inches and an adjustable strap drop that measures 24 inches at its longest. Colors: Six.Features: The bag has an adjustable, removable strap, an interior back zip pocket, and drop zip-top closure.Shoppers call the bags “super durable” and “perfect for spring.” The size is perfect, fitting everything you need without weighing you down, and the overall quality of the purse is really nice. Shoppers appreciate the adjustable, removable crossbody strap which gives the bag more versatility in ways you can wear it and makes it more functional. Shop more deals Kate Spade Lucy Medium L-Zip Wristlet, $29 (was $139) at Kate Spade OutletKate Spade Paige Shoulder Bag, $79 (was $329) at Kate Spade OutletKate Spade All Day Tote, $86 (was $399) at Kate Spade OutletFor the person who needs something bigger than a clutch but doesn’t want an oversized boho bag, the Kate Spade Rae Medium Satchel is the perfect bag to soar into spring with.
Ireland’s ARI Takes Over JFK T4 Stores From LVMH’s DFS
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Fidelity, AARP sound alarm on 401(k)s, IRAs
During my years of reporting on Americans’ personal finance concerns, I have often reported on one major warning about 401(k) plans and Individual Retirement Accounts (IRAs).That involves a commonly enforced 10% federal penalty tax on top of regular income tax for withdrawals made from these accounts.Financial services firm Fidelity highlights this fact when discussing whether one should choose a traditional retirement account or a Roth. The company emphasizes the need to consider a few factors up front when making this decision.”Will you need access to funds before age 59-and-a-half?” Fidelity asks. “While you should strive to keep your retirement savings earmarked for retirement, sometimes life throws a curveball.” “Contributions to Roth IRAs, including those rolled over from a Roth 401(k), can be accessed tax-free and penalty-free at any time,” Fidelity added. “If you withdraw more than your contributions, you may be subject to taxes and penalties.”Another consideration is that Roth IRAs are not subject to required minimum distributions (RMDs), so a person’s money can remain invested for as long as they like and continue growing tax‑free throughout retirement. By contrast, traditional IRAs and 401(k)s must begin distributing funds once one reaches age 73.Fidelity explains traditional 401(k)s, IRAs, Roth accountsRetirement plans such as 401(k)s, 403(b)s, and IRAs share many similarities. Each one provides tax advantages that can help savings grow either tax‑deferred or tax‑free. The main distinction between a traditional account and a Roth version comes down to how and when one’s money is taxed.More on personal finance:Zillow forecasts big mortgage change for U.S. housing marketAARP sounds alarm on major Social Security problemDave Ramsey bluntly warns Americans on 401(k)s”With a traditional account, your contributions are generally pre-tax (401(k)) or tax deductible for IRA,” Fidelity wrote. “They generally reduce your taxable income and in turn, lower your tax bill in the year you make them. On the other hand, you’ll typically pay income taxes on any money you withdraw from your traditional 401(k), 403(b), or IRA in retirement.””A Roth account is the opposite,” Fidelity continued. “Contributions are made with money that has already been taxed (your contributions don’t reduce your taxable income), and you generally don’t have to pay taxes when you withdraw the money in retirement.”AARP warns against knee-jerk 401(k) decisionsRecent downward trends in stock values are causing some Americans to get skittish about their investments, but retirement advocacy group AARP raises a red flag for people worried about their 401(k)s. CFRA Research chief investment strategist Sam Stovall found that stock market declines of 5% to 9.9% typically regain lost ground in about six weeks. Corrections of 10% to 19.9% recover in a bit less than four months.”The moral: Don’t make knee-jerk decisions regarding your 401(k) when the market plunges,” wrote AARP. “Stay calm and keep up with your contributions. That may not sound very exciting, but it is generally your best option for lasting wealth, research shows.”Fidelity shows striking stock portfolio exampleAARP outlines a hypothetical stock portfolio Fidelity used to illustrate the importance of investing for the long term.Fidelity modeled how a $10,000 investment made in 1980 would have grown through 2022.An investor who stayed fully invested for the entire period would have seen the balance rise to about $1.082 million.Missing just the five strongest market days would have reduced the ending value to $671,051.Skipping the 10 best days would have lowered the total further to $483,336.Missing 30 of the top-performing days would have left the account with only $173,695.(Source:AARP)”To stay the course during turbulent times, you’ll need to keep your instincts in check and put some guardrails in place,” wrote AARP.
Fidelity and AARP warn Americans on penalties associated with early withdrawals from retirement plans.Shutterstock
AARP says stocks should not be one’s only assetIf a person’s 401(k) is 100% invested in stocks, they may be more likely to panic during a down market.”One way to avoid that emotional response is with proper asset allocation, with your portfolio spread out between asset classes,” AARP suggested.“Have some stable things in your portfolio like certificates of deposit, cash and bonds,” said Rob Williams, managing director of financial planning at the Schwab Center for Financial Research.”(A diversified portfolio) will provide a cushion, so you have some money that won’t move around in value as much,” Williams added. “That knowledge will keep you from any extreme reactions.”Market drops are never pleasant for investors who are already in the market, but the outlook changes depending on one’s position. For people looking to put new money to work, downturns can actually create attractive buying opportunities.“Short-term blips can be buying opportunities,” said Dan Egan, director of behavioral finance at investing platform Betterment. “It’s a good time to get stuff on sale.”“In the short-term, things feel scary,” he added. “But it is actually a nice moment to take advantage of other people’s panic.”Related: Jean Chatzky sends blunt message to Americans on 401(k)s, IRAs
49-year-old Home Depot rival closes hardware store, no bankruptcy
Independent hardware stores and cooperative chains like Do it Best, Ace Hardware, and True Value Hardware face extreme competition from major big-box home improvement centers like Home Depot and Lowe’s, which have resulted in the smaller competitors closing their stores when they can no longer compete.Home Depot dominated the home improvement sector with 28% of the market in 2025, with Lowe’s capturing 17% of the market and Amazon generating 11% of the sector’s sales, according to the Numerator Home Improvement Tracker.The big three retailers captured about 56% of sales, while many smaller chains and retailers struggled to generate enough sales to stay in business.One of those smaller retailers has decided to end the battle against the giant home improvement retailers and close down its shop.
Do it Best Hardware store Central Center in Chillicothe, Ohio closes. Shutterstock
Do it Best closes hardware storeDo it Best hardware cooperative member Central Center Hardware in Chillicothe, Ohio, revealed on its Facebook page that it will permanently close down its store on April 10 after operating for 49 years.”Navigating the recent retail landscape has presented significant challenges, and we have made the difficult decision to close our doors,” Central Center Hardware’s owner Mark Weisenberger wrote on its Facebook page.”Since 1977, our hardware store has been a staple in the community, and for the last 25 years, I’ve had the privilege to help you all, first as an employee, and later as the owner,” Weisenberger said.Lowe’s store is 3 miles awayCompetition from big-box home improvement centers, such as Lowe’s and Home Depot, and e-commerce giants like Amazon, has cut into Central Center’s business, as a Lowe’s store is less than 3 miles or 11 minutes away from the Do it Best store in Chillicothe, according to Google. The closest Home Depot to Central Center Hardware is one about 25 miles away in Washington Court House, Ohio, according to the home improvement center’s website.Home Depot has battled a challenging housing market and consumers’ reluctance to spend on renovation projects.Housing market cuts hardware demand”The housing turnover has remained at historic lows since 2023, which has significantly reduced demand for projects and other purchases associated with buying and selling a home,” Home Depot CFO Richard McPhail said in the company’s quarterly earnings call in February 2026, according to MarketBeat.The housing slump has affected home improvement and hardware stores, no matter the size, as smaller retailers have been closing stores that no longer make economic sense. Iconic hardware stores close businessesSeveral hardware stores that have operated for over 50 years have permanently closed their businesses this year.79-year-old hardware store operator Great Lakes Ace Hardware permanently closed its Center Line, Mich., location on March 28.The Farmington Hills, Mich.-based hardware store owner did not state a specific reason for closing the business.“We have made the difficult decision to close our store at 7513 E. Ten Mile Road at the end of March,” the Facebook post said. “Thank you to the community for your support over the years.”Franklin, Tenn., hardware chain store Harpeth True Value Home Center permanently closed on April 1, 2026, after its lumber business collapsed.Pleasanton, Calif.-based Workbench True Value Hardware, with multiple locations, is closing its 55-year-old store on Santa Rita Road and consolidating its operations at its downtown location on Main Street, which it opened in 2013.The iconic hardware store location, which opened in 1970, shut its doors for the last time on Feb. 28, Pleasanton Weekly reported.Workbench True Value Hardware’s owner, Fred Nichandros, said he always planned to close the Santa Rita store and expand operations a mile away at the Main Street location.Related: 67-year-old furniture chain closes last store, no bankruptcy
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Todd Blanche, author of DOJ crypto enforcement memo, is now interim AG
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This company wants to be the Uber of private jets
While the high cost of private aviation will always have it remain an extravagance that can be accessed by a very small portion of the population, the use of private jets has been up significantly even as the war in Iran skyrocketed the global price of oil this spring.According to the latest data from aviation industry tracker WingX, the number of private jet flights around the world was up 11% during the week ending on March 29. That number was, at 57,313 departures, up 13% for flights departing from North America as a growing number of travelers sought out the ultimate luxury of being able to bypass airport lines and charter a flight to a destination of their choosing.While seemingly controversial given the fact that jet fuel prices are currently at highs unseen since 2022, analysts attribute rising private jet use to the widespread flight cancelations and travel disruptions that left those who normally would not fly private to seek out that route.How do you order a private jet? This boutique charter company hopes to change thatIndividual rides on a private plane have traditionally been ordered by proposing flight and passenger details to a broker.Regular private private flyers will typically start out by ordering a few flights and, if finding doing so again and again, move on to a jet card membership or fractional ownership of a private jet which gives them access to a certain number of flight hours on a company’s planes.Related: Mandarin Oriental is betting big on Egyptian travelDepending on the size and type of aircraft used, flight time in the U.S. typically averages between $1,500 and $15,000 per hour to what will usually amount to approximately $30,000 for a private cross-country trip in the U.S. Due to the high costs and specifics of each case, this is still usually done by phone as the broker works out the details of what the customer wants and proposes prices.Established in 1995 by aviation entrepreneur Greg Raiff, Elevate Jet recently marked 30 years of offering private flights to sports teams and high net worth individuals with a new app in which travelers can order a ride on a private jet like they would an Uber or other ride-haling service: entering the destinations and dates and choosing from the company’s fleet of planes like the Falcon 7X, Challenger 650 and Gulfstream G200/G650The app then provides details about different time options, any additional surcharges in the form of airport taxes and necessary fuel stops as well as additional options for transporting pets or a larger-than-standard amount of luggage.
Elevate Jet was established in 1996 as a charter airline company.Elevate Jet
“A private jet is a time machine”: Elevate JetThe regions covered are the same as those included in Elevate Jet’s jet card: the mainland United States and Mexico, the Caribbean and Central America as well as some select destinations in Europe.”Travelers that regularly fly private know that a private jet is a time machine,” Raiff said of the app. “They save valuable time on every flight but why save time on a private jet just to waste that time talking for hours? It doesn’t make sense.”More Travel News:Airline to launch unusual new flight to Cayman Islands from the U.S.Here is where you should go for those last days of ski seasonUnexpected country is most luxurious travel destination for 2026U.S. government issues strange warning on Ireland travelThe app is meant to introduce what, in the industry, is often referred to as the “frugal wealthy” to private travel. While some will eventually find that a jet card or fractional ownership makes for a better use of funds, Elevate Jet is hoping that the convenience of an app will serve as an entry point for some travelers.Related: