us Business

More than a dozen U.S. Navy warships are enforcing a blockade on all vessels from all nations entering or leaving coastal areas or ports in Iran. Source link

Higher inflation is leading companies to raise prices without sacrificing margins. Source link

The new threat against the Fed chair comes ahead of a Senate confirmation hearing for Kevin Warsh, President Trump’s pick to lead the central bank. Source link

Although Jerome H. Powell’s term as Fed chair officially ends on May 15, he can stay on as a governor until 2028 and said he would not leave until a criminal investigation was over. Source link

While last year’s tax law has raised the average I.R.S. refund, the boost is less than the White House expected — and may not have much impact on voters. Source link

New tools tailored for use in senior living communities allow for shared experiences and social bonding. Source link

The war in Iran has auto shoppers sizing up electrics. Many strong cars are on the market, and there are bargains to be had when buying used. Source link

The country’s creaking electricity grid is lagging behind its push for renewable sources — just as its growing economy hungers for oil stranded by war. Source link

The Justice Department’s criminal inquiry into the Federal Reserve threatens to delay the confirmation of the next chair. Source link

U.S. Central Command said that six vessels had complied with directions to turn around and re-enter an Iranian port. Source link