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Just the Facts, from multiple news sources.

Business News

Business news, market updates, and economic developments

Arms manufacturer thrives amid US-Israel war on Iran

Arms manufacturer thrives amid US-Israel war on Iran

Summary

Elbit Systems, a large Israeli weapons manufacturer, is growing quickly due to ongoing conflicts involving Iran, Palestine, and Lebanon. The company is closely connected to policy-making, and activists are working to try to shut it down.

Key Facts

  • Elbit Systems is Israel's largest weapons manufacturer.
  • The company is experiencing rapid growth because of wars in Iran, Palestine, and Lebanon.
  • The article mentions Elbit's links to policy-making processes.
  • Activists are making efforts to shut down the company.
  • Al Jazeera's Hala Al Shami reported on Elbit Systems' current situation.
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Jury Finds Meta Violated Child Safety and Mental Health Laws

Jury Finds Meta Violated Child Safety and Mental Health Laws

Summary

A jury in New Mexico decided that Meta, the company that owns Facebook, Instagram, and WhatsApp, broke state consumer protection laws. They failed to tell users about the risks their platforms present to children's safety and mental health. Meta now faces a penalty of $375 million, with plans from the state for further actions to improve child protection on these platforms.

Key Facts

  • A New Mexico jury found Meta violated state consumer protection laws.
  • Meta owns Facebook, Instagram, and WhatsApp.
  • The jury saw thousands of violations of these laws by Meta.
  • Meta was fined $375 million by the jury.
  • The violations involved not revealing risks related to child safety and mental health.
  • State prosecutors argued Meta prioritized profits over safety.
  • New Mexico plans to seek more penalties and changes to protect children.
  • Meta plans to appeal the verdict, disagreeing with the jury's decision.
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Medicare Makes Change Impacting Millions Across 24 States

Medicare Makes Change Impacting Millions Across 24 States

Summary

Humana and CommonSpirit Health have agreed on a nationwide contract, keeping CommonSpirit's facilities in-network for Humana Medicare Advantage members across 24 states. This contract ensures members can access in-network medical care without extra costs for the next three years. The deal restores healthcare access in areas like Colorado and Texas, which previously faced disruptions.

Key Facts

  • Humana and CommonSpirit Health have a new nationwide contract.
  • The agreement covers Humana's Medicare Advantage members in 24 states.
  • Members can use CommonSpirit hospitals and facilities at in-network rates.
  • The contract prevents disruptions that previously affected some patients.
  • CommonSpirit operates nearly 140 hospitals and over 2,300 outpatient sites.
  • In Colorado and Texas, some coverage was lost at the start of 2025.
  • The contract lasts for three years, providing temporary stability.
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Raw Farms Drama Explained: Battle Breaks Out Over Recalling Cheese

Raw Farms Drama Explained: Battle Breaks Out Over Recalling Cheese

Summary

The FDA has linked Raw Farms' cheese to an E. coli outbreak across multiple states. Although the FDA suggested a voluntary recall, Raw Farms has declined, claiming their products are safe. The congressional Food Safety Caucus is urging the FDA to mandate a recall.

Key Facts

  • Raw Farms is the largest distributor of raw milk.
  • The FDA linked Raw Farms' cheese to an E. coli outbreak in three states.
  • There have been seven confirmed E. coli cases, with two requiring hospitalization.
  • The congressional Food Safety Caucus wants the FDA to force a recall.
  • Raw milk is unpasteurized, meaning it hasn't been heated to kill bacteria.
  • Unpasteurized milk sales were mostly illegal but have become legal in some Republican states since 2008.
  • Some people believe raw milk has health benefits, although the FDA warns it can be dangerous.
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Chances of Fed cutting interest rates fade as inflation worsens

Chances of Fed cutting interest rates fade as inflation worsens

Summary

Rising gas prices due to the war in Iran have led to higher long-term interest rates in the United States, affecting loans for homes, cars, and businesses. This makes it less likely that the Federal Reserve will cut interest rates this year, with some investors now seeing a chance of a rate increase. Economists expect inflation to rise, which may force the Fed to focus on controlling inflation rather than lowering rates.

Key Facts

  • Gas prices have risen due to the war in Iran, affecting U.S. interest rates.
  • Higher interest rates are making loans more expensive for homes, cars, and businesses.
  • The Federal Reserve is now less likely to cut interest rates this year.
  • Some investors predict a possible increase in interest rates later in the year.
  • Inflation is expected to rise, which may prompt the Fed to keep rates steady or increase them.
  • The Federal Reserve often raises interest rates to combat inflation.
  • The uncertainty in the economy comes from a mix of rising gas prices and ongoing inflation above the Fed's target.
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Box Office Report: 'Project Hail Mary' Scores $80 Million Opening

Box Office Report: 'Project Hail Mary' Scores $80 Million Opening

Summary

"Project Hail Mary," a sci-fi movie starring Ryan Gosling, opened in theaters with $80 million in the U.S. and $140 million worldwide. This marks a record opening for Amazon/MGM and the second-best debut for Ryan Gosling. The movie performed well on bigger screens like IMAX.

Key Facts

  • "Project Hail Mary" opened with $80 million domestically and $140 million worldwide.
  • It is a sci-fi movie starring Ryan Gosling, directed by Phil Lord and Christopher Miller.
  • The film's opening is a record for Amazon/MGM and Ryan Gosling’s second-best after "Barbie."
  • IMAX and other Premium Large Formats made up 54% of the box office earnings.
  • Second place at the box office was "Hoppers," which earned $18 million in its third weekend.
  • "Dhurandhar The Revenge," an Indian film, opened with a $13.5 million four-day total in the U.S.
  • "Ready or Not 2: Here I Come" opened to $9.1 million domestically.
  • "Reminders of Him" earned $8 million in its second weekend, totaling $33 million domestically.
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What help can households expect with fuel bills?

What help can households expect with fuel bills?

Summary

Households in Northern Ireland are seeing higher fuel bills due to increased energy prices. The UK and Irish governments are offering financial help, but the support is smaller and targeted compared to past aid. Many households using heating oil face challenges due to a lack of centralized records.

Key Facts

  • Energy prices are rising partly due to a war in the Middle East.
  • In 2023, all Northern Irish households received a payment to help with energy bills.
  • This year, UK government aid will target those most in need rather than offering universal support.
  • The UK government allocated over £17 million to help with heating oil costs in Northern Ireland.
  • About 500,000 households using heating oil could receive around £35 each if the money is evenly distributed.
  • Targeted aid will likely focus on households receiving benefits like Universal Credit.
  • All households in Northern Ireland will receive a £30 electricity bill deduction in July.
  • Identifying who uses heating oil is difficult because no central register exists.
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Republican Sen. Rick Scott sues Booz Allen Hamilton over leaked tax returns

Republican Sen. Rick Scott sues Booz Allen Hamilton over leaked tax returns

Summary

Senator Rick Scott is suing Booz Allen Hamilton after his tax returns, along with those of other prominent figures like President Trump and Elon Musk, were leaked. The lawsuit accuses Booz Allen of failing to protect confidential taxpayer information, leading to the leak by a former contractor.

Key Facts

  • Senator Rick Scott filed a lawsuit against Booz Allen Hamilton in federal court.
  • The leak involved the tax returns of Scott, President Trump, and Elon Musk, among others.
  • Booz Allen lost its contracts with the Treasury Department due to this issue.
  • Charles Littlejohn, a contractor for the IRS through Booz Allen, was sentenced to prison for the leak.
  • Scott’s lawsuit claims that Booz Allen failed to safeguard taxpayer information properly.
  • He is seeking damages for alleged negligent actions by Booz Allen.
  • Booz Allen Hamilton has not commented on the lawsuit.
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How Many Credit Card Points Does a Trip to Cancún, Mexico, Cost

How Many Credit Card Points Does a Trip to Cancún, Mexico, Cost

Summary

The article discusses the use of credit card points to book flights to Cancún, Mexico, a popular and accessible vacation spot for Americans. It explains that flights to Cancún can often be booked for a range of point costs, which depends on the traveler's location and the airline chosen.

Key Facts

  • Round-trip flights to Cancún can cost between 10,000 to 23,000 credit card points.
  • One-way flights from the West Coast range from 15,000 to 22,500 points.
  • American Airlines typically offers awards starting at 15,000 points.
  • Delta and United Airlines usually price their flights between 18,000 and 22,500 points.
  • Flights from the Midwest have similar pricing, starting around 15,000 points.
  • Southern U.S. travelers often get lower rates, with some tickets starting at 10,000 points.
  • Northeast flights generally cost between 15,000 and 23,000 points.
  • In 2024, Cancún attracted nearly 10 million international visitors.
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Canceled Meetings Give You Something More Than Free Time, Study Finds

Canceled Meetings Give You Something More Than Free Time, Study Finds

Summary

A new study shows that when a meeting is unexpectedly canceled, people often perceive the newly available time as longer and more abundant than the same amount of planned free time. This perception, termed "windfall time," affects how people decide to use the time, encouraging them to choose longer activities.

Key Facts

  • A study found that unexpectedly gaining free time makes it feel longer than the same amount of planned free time.
  • This phenomenon is called "windfall time."
  • People are likely to choose longer tasks when they have unexpected free time.
  • The study involved over 2,300 participants in seven surveys.
  • Both productive tasks and leisure activities can fill "windfall time."
  • The feeling of abundance from unexpected free time affects decision-making.
  • Researchers advise recognizing "windfall time" as a bonus rather than an opportunity to engineer further surprises.
  • Too much surprise can sometimes reduce productivity instead of enhancing it.
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Reeves plans energy bill help for those 'who need it most'

Reeves plans energy bill help for those 'who need it most'

Summary

The UK government is planning ways to help people with energy bills if they rise due to conflicts affecting oil and gas supplies. Chancellor Rachel Reeves mentioned that plans are underway to support those most in need, though the exact details are not clear. The conflict has caused oil and gas prices to rise, leading to concerns about increasing energy bills.

Key Facts

  • The UK government is preparing support plans for possible energy price hikes due to the US-Israel war with Iran.
  • Energy bills in the UK are expected to decrease temporarily but may rise in the summer.
  • A significant portion of global oil and gas passes through the Strait of Hormuz, currently blocked due to the conflict.
  • Rising oil and gas wholesale prices could lead to higher energy bills for UK residents.
  • The UK is considering targeted financial help, focusing on those most in need rather than universal support.
  • The government aims to keep borrowing low to control inflation and interest rates.
  • A new framework is being set up to prevent companies from unfairly raising prices.
  • Petrol prices in the UK have reached an 18-month high since the Middle East conflict began.
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US Housing Market Breaks Record in Boost for Buyers

US Housing Market Breaks Record in Boost for Buyers

Summary

The U.S. housing market had significantly more sellers than buyers last month, marking it as a buyer’s market. Despite this, many Americans still face rising home prices and economic challenges, influenced by changing mortgage rates and global events.

Key Facts

  • There were about 630,000 more sellers than buyers in the U.S. housing market last month.
  • This is the largest gap since records began in 2013, indicating a buyer's market.
  • A market is considered a buyer’s when there are more than 10% more sellers than buyers.
  • The national average 30-year fixed-rate mortgage was 6.22% as of March 19.
  • Home prices are still rising, with a median price of $429,226, a 0.9% increase over the previous year.
  • Some areas, like Miami and Nashville, saw over 100% more sellers than buyers.
  • In contrast, places like Newark, NJ, had more buyers than sellers.
  • The ongoing conflict in the Middle East contributes to economic uncertainty affecting buying decisions.
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Pizza Recall Update as FDA Sets Risk Level

Pizza Recall Update as FDA Sets Risk Level

Summary

Federal regulators have classified the recall of HelloFresh Basil Pesto & Mozzarella Pizzas as Class II due to potential temporary or reversible health risks. The recall was initiated after discovering possible metal contamination in tomatoes, affecting customers in 10 states.

Key Facts

  • HelloFresh Basil Pesto & Mozzarella Pizzas are being recalled due to a risk of metal contamination.
  • The recall affects frozen pizzas sent to customers in 10 U.S. states.
  • The recall is classified as Class II by the FDA, indicating temporary or reversible health risks.
  • The issue involves possible metal fragments in slow-roasted tomatoes used in the pizzas.
  • Customers received affected products between October 2025 and January 2026.
  • The recall involves 2,337 cases, each with 15 packages.
  • The recalling firm is Bakkavor, based in Charlotte, North Carolina.
  • Customers were advised to discard the pizzas if they have them.
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Price of Menstrual Products Surges

Price of Menstrual Products Surges

Summary

The cost of menstrual products in the U.S. has risen sharply, with prices going up almost 40% since 2020. Factors such as inflation, the cost of raw materials, and tariffs have contributed to this increase, affecting affordability for many consumers.

Key Facts

  • Prices of menstrual products like tampons and sanitary pads have increased by about 40% since 2020.
  • The average price rose from $5.37 to $7.43 per unit.
  • Inflation and higher costs for raw materials like cotton, pulp, and plastics have influenced this increase.
  • U.S. tariffs on imports from countries like Canada, China, and Mexico also contribute to higher prices.
  • In 2025, the U.S. collected $115 million in tariffs on these products, up from $42 million in 2020.
  • Dollar sales of menstrual products increased by nearly 30% since 2020, but the number of units sold dropped by 6% since 2022.
  • Over 20 states still impose sales tax on menstrual products, treating them as nonessential goods.
  • The Pink Tariffs Study Act was introduced to examine the impact of tariffs on women's products, but has not moved past committee discussions.
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Australia and EU seal trade deal to cut reliance on China’s rare earths

Australia and EU seal trade deal to cut reliance on China’s rare earths

Summary

Australia and the European Union signed a trade deal to remove tariffs on nearly all Australian critical minerals, aiming to reduce reliance on China for rare earths. This agreement is expected to increase EU imports from Australia and significantly boost the Australian economy.

Key Facts

  • Australia and the EU signed a trade deal that removes tariffs on critical minerals.
  • The deal took eight years to finalize.
  • China controls about 90% of the processing of rare earths globally.
  • Rare earths are vital for products like electric cars and camera lenses.
  • The agreement will remove over 99% of tariffs on EU goods exported to Australia.
  • EU exports to Australia could increase by up to 33% in ten years.
  • The deal is expected to add approximately 10 billion Australian dollars annually to Australia's economy.
  • The EU was Australia's second-largest source of foreign investment in 2024.
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Woman Reveals Hidden Costco Tricks, Including the ‘Star of Death’

Woman Reveals Hidden Costco Tricks, Including the ‘Star of Death’

Summary

A TikTok video reveals hidden tricks for Costco shoppers, focusing on how to interpret price tag codes. It highlights the "Star of Death," a symbol that suggests certain products will not be restocked. The video has gained popularity, with many viewers discussing and adding to these tips.

Key Facts

  • A TikTok video shows hidden shopping tricks for Costco, viewed over 1.2 million times.
  • The "Star of Death" symbol on Costco price tags may indicate that a product won't return.
  • Prices ending in .97 are typically final sale prices at Costco.
  • Green labels on price tags often mean a product is organic.
  • Some viewers suggest that the "Star of Death" doesn't always mean a product is gone forever, as changes might occur for other reasons.
  • Costco has a reputation for rotating inventory and limited-time deals, encouraging customers to buy in bulk.
  • Customers can request products via feedback forms, possibly influencing stock decisions.
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First-time buyers hit as mortgage rates keep rising

First-time buyers hit as mortgage rates keep rising

Summary

Mortgage rates continue to rise, affecting first-time homebuyers as many low-deposit mortgage deals are withdrawn. The current geopolitical situation, including the US-Israel conflict with Iran, has influenced financial markets, making mortgage rate predictions uncertain.

Key Facts

  • Mortgage rates are increasing quickly, impacting borrowers.
  • President Trump mentioned talks with Iran that briefly calmed markets.
  • Low-deposit mortgage deals for first-time buyers are being withdrawn rapidly.
  • The average interest rate for two-year fixed mortgages is now over 6%.
  • Over 200 mortgage deals have been removed since March 6.
  • Financial markets expected UK interest rates to go down before the US-Israel conflict.
  • The average rate for a five-year fixed mortgage is now 5.52%.
  • Lenders struggle to set mortgage rates due to market turbulence.
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Home Depot Rival True Value Closing Store After 53 Years

Home Depot Rival True Value Closing Store After 53 Years

Summary

Harpeth True Value Home Center, a long-standing store in Franklin, Tennessee, will close on April 1, 2026, due to financial challenges and changes in the retail market. The store, part of the True Value network, struggled to compete against larger chains and online sellers.

Key Facts

  • Harpeth True Value Home Center will close permanently on April 1, 2026.
  • The store is affiliated with the True Value cooperative and competes with Home Depot and Lowe's.
  • Financial difficulties and a changing retail landscape influenced the decision to close.
  • Large chains, like Home Depot (28% market share) and Lowe's (17% market share), dominate the market.
  • Lumber sales, once a major part of the store’s business, have declined significantly.
  • The owner, Mike Outlaw, attempted to sell the store but was unable to find a buyer.
  • True Value's corporate bankruptcy filing in 2024 affected customer perceptions and sales.
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Expert’s Tip on Saving Money at Gas Station Goes Viral: ‘30% Less’

Expert’s Tip on Saving Money at Gas Station Goes Viral: ‘30% Less’

Summary

A TikTok video by finance expert Martin Lewis shares tips on saving money on gas by improving car efficiency. He suggests small changes like removing extra weight, keeping tires inflated, and adjusting driving styles, which can cut fuel costs by up to 30% as fuel prices rise due to global factors.

Key Facts

  • Martin Lewis posted a TikTok video on saving gas money by enhancing car efficiency.
  • The video has been viewed nearly 400,000 times in four days.
  • He suggests removing unused roof racks and heavy items to improve fuel efficiency.
  • Proper tire inflation can lower fuel costs by up to 4%.
  • High fuel prices are partly due to global oil supply disruptions and Middle Eastern conflicts.
  • Driving style, such as smooth acceleration and braking, impacts fuel consumption.
  • Gasoline prices rose to $3.96 per gallon on average in the U.S., with some states seeing more than $5 per gallon.
  • The video received over 200 reactions with viewers sharing both humorous and serious responses.
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Oil traders bet millions ahead of Trump's Iran talks post

Oil traders bet millions ahead of Trump's Iran talks post

Summary

Traders placed large bets on oil contracts minutes before President Trump announced a delay in strikes against Iranian energy sites. This led to a sharp drop in oil prices, making the bets profitable and raising questions about potential insider trading. The White House has responded, stating it does not allow officials to profit from inside information.

Key Facts

  • Traders bet millions on oil contracts before President Trump's announcement about Iran.
  • Oil prices dropped by 14% after the announcement.
  • The trade volume spike occurred shortly before the president's post.
  • The White House commented it does not tolerate illegal profiteering by officials.
  • There is speculation about insider trading due to the timing and volume of trades.
  • Iranian officials denied talks had occurred, calling news "fake."
  • U.S. and UK financial regulators have been contacted regarding the matter.
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