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BOJ debated need for more rate hikes, March meeting summary shows

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Dollar holds firm as markets brace for drawn-out Middle East war

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Dollar holds firm as markets brace for drawn-out Middle East war


Dollar holds firm as markets brace for drawn-out Middle East war

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Albanese Cuts Fuel Excise on Petrol, Diesel for Three Months

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Australian Prime Minister Anthony Albanese
Australian Prime Minister Anthony Albanese
Wikimedia Commons

Prime Minister Anthony Albanese has announced that fuel excise will be cut in half for petrol and diesel beginning April 1.

This will be in effect for three months and will reduce cost of fuel by 26.3 cents a litre.

Fuel Excise Halved for Three Months

According to a report by ABC News, the announcement was made after a meeting of the national cabinet with state and territory leaders. During this meeting, a four-point action plan to deal with the fuel crisis was also discussed.

Albanese also went on to claim that Australia is on “level two” of the fuel crisis. The goal, according to the prime minister, is to “keep Australia moving.”

He likewise said that the country is still far from reaching the next level, which will require “taking targeted action.”

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There is still a level four, which will entail “protecting critical services.”

Albanese has also called for citizens to only take the fuel they need as to not cause even bigger supply problems.

NSW Premier Reacts to National Fuel Plan

According to 9News, New South Wales Premier Chris Minns said that he welcomes the action plan. He likewise commented on how long he thinks the ongoing conflict in the Middle East will continue.

“We are not necessarily sure what will happen in the Middle East in the next three or six months,” Minns said. “We are not making a decision today to tell people to cancel their trips around the state or cancel Easter holidays.

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“But as time goes on, we may tell people to use their common sense on this and reduce their usage,” he added.

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Pizza and bread products recalled for metal fragments across 10 states

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Pizza and bread products recalled for metal fragments across 10 states

Thousands of ready-to-eat pizza and bread products were recalled over the potential presence of metal fragments, according to the Food and Drug Administration.

North Carolina-based Bakkavor voluntarily initiated the recall on Jan. 19, according to the FDA.

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Last week, the health agency classified the alert as a Class II recall, which means “use of or exposure to a violative product may cause temporary or medically reversible adverse health consequences or where the probability of serious adverse health consequences is remote.”

NEARLY 10M POUNDS OF FROZEN FRIED RICE SOLD AT TRADER JOE’S ADDED TO RECALL: USDA

Basil pizza

Thousands of ready-to-eat pizza and bread products were recalled over the potential presence of metal fragments. (Stefan Irvine/LightRocket via Getty Images / Getty Images)

About 23,459 cases of roasted tomato and Parmesan focaccia bread were recalled, sold under brand names such as Frederik’s by Meijer, Harris Teeter, Trader Joe’s and Fresh & Simple. 

Additionally, 2,337 cases of HelloFresh Basil Pesto and Mozzarella Pizza, made up of 15 packages per case, were also recalled.

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The recall affects four pizza lot numbers and more than a dozen focaccia bread lot numbers, with use-by dates ranging from April 27 through Oct. 15.

Trader Joe's grocery store, building exterior and entrance at night, New York City, New York, USA

Brands affected by the recall include HelloFresh, Frederik’s by Meijer, Fresh & Simple, Harris Teeter and Trader Joe’s. (Plexi Images/GHI/UCG/Universal Images Group via Getty Images / Getty Images)

The affected items were distributed in 10 states — Arizona, California, Connecticut, Florida, Illinois, Michigan, North Carolina, New Jersey, Texas and Virginia.

The food products were also shipped directly to customers through HelloFresh.

90,000 BOTTLES OF CHILDREN’S IBUPROFEN RECALLED NATIONWIDE, FDA SAYS

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The FDA classified the alert as a Class II recall. (iStock / iStock)

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Customers are urged to dispose of the product or return them to the place of purchase for a refund.

No injuries have been reported in connection with the recall thus far.

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US stock futures fall as Iran fears persist, Trump comments offer mild relief

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US stock futures fall as Iran fears persist, Trump comments offer mild relief

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Costco to open its first stand-alone gas station in Mission Viejo

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Costco to open its first stand-alone gas station in Mission Viejo

Costco is set to debut its first stand-alone gas station this summer in Mission Viejo, California, marking a major expansion of its fuel operations, with a second location in Hawaii slated to open next year.

The California location, located roughly 50 miles from Los Angeles, is expected to open in late June, according to local outlet KABC, citing city officials. It will become the chain’s largest gas station, featuring 40 pumps.

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A second location is in the works for Honolulu, Hawaii, in the Kapālama Kai community, according to C-store Dive, citing a spokesperson from private education system Kamehameha Schools, which owns the project.

The move marks a major step for the discount retail giant, whose gas stations at existing warehouse locations have long been plagued by lengthy wait times, heavy traffic and crowded parking lots.

COSTCO SAYS YOUR NEXT CHECKOUT COULD TAKE UNDER 10 SECONDS THANKS TO NEW AUTOMATED PAY STATIONS

Costco gas station in Vallejo, Calif.

Vehicles in line at a Costco gas station in Vallejo, California, US, on Thursday, May 29, 2025. (David Paul Morris/Bloomberg / Getty Images)

Costco’s Mission Viejo site at 25732 El Paseo will sit on the former location of a Bed Bath & Beyond, which city officials approved for demolition last year to make way for the project. It will neighbor a Krispy Kreme location, a Dairy Queen Chill & Grill and a Jack in the Box.

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The project will feature 20 fueling dispensers, equivalent to 40 pumping stations, according to 2025 city planning documents.

Spanning 17,234 square feet, the “fueling canopy” will also house an accessory office and breakroom building for employees, the documents stated.

The new gas station will be open daily from 5 a.m. to 10 p.m. exclusively for Costco members, C-store Dive reported.

COSTCO ENTERS FERTILITY CARE WITH MASSIVE DISCOUNTS FOR MEMBERS THROUGH NEW HEALTHCARE PARTNERSHIPS

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Customer Jann Gregg of Schenectady pumps gas at the GasWay Xpress Mart.

A customer pumps gas on Wednesday, Dec. 3, 2025, in Schenectady, N.Y. (Lori Van Buren/Albany Times Union via Getty Images / Getty Images)

According to GasBuddy, gas prices in the Mission Viejo area currently range from $5.69 to $6.35 per gallon.

The two closest existing Costco gas stations — at the Laguna Niguel and Laguna Marketplace warehouses, roughly 2.5 to 3 miles from the planned Mission Viejo site — both list gas at $5.69 per gallon, according to the Costco app.

Costco gasoline station

Drivers refuel vehicles at a Costco Wholesale Corp. gas station in Brookhaven, Georgia. (Elijah Nouvelage/Bloomberg via Getty Images / Getty Images)

For the Hawaii location, demolition and preparation of the property began in October 2025 and are ongoing, according to the project’s website. 

Ticker Security Last Change Change %
COST COSTCO WHOLESALE CORP. 983.86 +4.21 +0.43%

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Gas prices in Honolulu range from $5.14 to $5.59 per gallon, according to GasBuddy. The closest Costco in Iwilei, about 2.2 miles from the planned Kapālama Kai site, lists gas at $4.14 per gallon, according to the Costco app.

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Trump says White House ballroom is ahead of schedule

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Trump says White House ballroom is ahead of schedule


Trump says White House ballroom is ahead of schedule

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Trump says intel chief Tulsi Gabbard ’softer’ than him on Iran nuclear issue

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Trump says intel chief Tulsi Gabbard ’softer’ than him on Iran nuclear issue


Trump says intel chief Tulsi Gabbard ’softer’ than him on Iran nuclear issue

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Brent heads for record monthly jump as Iran conflict widens

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Brent heads for record monthly jump as Iran conflict widens
Oil prices extended gains on Monday, with Brent headed for a record monthly rise, after Yemeni Houthis launched their first attacks on Israel over the weekend, widening the U.S.-Israel war with Iran in the Middle East.

Brent crude futures jumped $3.09, or 2.74%, to $115.66 a barrel by 2353 GMT after settling 4.2% higher on Friday.

U.S. West Texas Intermediate was ‌at $102.56 a barrel, ⁠up $2.92, ⁠or 2.93%, following a 5.5% gain in the previous session.

Brent has soared 59% this month, the steepest monthly jump, exceeding gains seen during the 1990 Gulf War, after the Iran conflict effectively closed the Strait of Hormuz, a conduit for a fifth of the world’s oil and gas supplies.

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The war, launched on February 28 with U.S. and Israeli strikes on Iran, has spread across the Middle East, with ⁠Yemen’s Iran-aligned Houthis ‌on Saturday launching their first attacks on Israel since the start of the conflict, raising concern about shipping lanes around the Arabian ⁠Peninsula and the Red Sea.


“The conflict is no longer concentrated in the Persian Gulf and around the Strait of Hormuz, but now extends into the Red Sea and the Bab el-Mandeb – one of the world’s most crucial chokepoints for crude and refined product flows,” JP Morgan analysts led by Natasha Kaneva said in a note.
Saudi crude exports re-directed from the Strait of Hormuz to the Yanbu port in the Red Sea reached 4.658 ‌million barrels per day last week, data from analytics firm Kpler showed. If exports from Yanbu were disrupted, Saudi oil would need to pivot toward Egypt’s Suez-Mediterranean (SUMED) pipeline to ⁠the Mediterranean, JP Morgan analysts said.

Attacks in the region escalated over the weekend and damaged Oman’s Salalah terminal despite efforts to start ceasefire talks.

Iran said it was ready to respond to a U.S. ground attack, accusing Washington on Sunday of preparing a land assault even as it sought negotiations.

Pakistan’s Foreign Minister Ishaq Dar said they had covered possible ways to bring an early and permanent end to the war in the region as well as potential U.S.-Iran talks in Islamabad.

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VPL: Why The Pullback In Asia Pacific Stocks Is A Buying Opportunity (NYSEARCA:VPL)

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VPL: Why The Pullback In Asia Pacific Stocks Is A Buying Opportunity (NYSEARCA:VPL)

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Freelance Financial Writer | Investments | Markets | Personal Finance | RetirementI create written content used in various formats including articles, blogs, emails, and social media for financial advisors and investment firms in a cost-efficient way. My passion is putting a narrative to financial data. Working with teams that include senior editors, investment strategists, marketing managers, data analysts, and executives, I contribute ideas to help make content relevant, accessible, and measurable. Having expertise in thematic investing, market events, client education, and compelling investment outlooks, I relate to everyday investors in a pithy way. I enjoy analyzing stock market sectors, ETFs, economic data, and broad market conditions, then producing snackable content for various audiences. Macro drivers of asset classes such as stocks, bonds, commodities, currencies, and crypto excite me. My thing is communicating finance with an educational and creative style. I also believe in producing evidence-based narratives using empirical data to drive home points. Charts are one of the many tools I leverage to tell a story in a simple but engaging way. I focus on SEO and specific style guides when appropriate.

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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BlackRock High Equity Income Fund Q4 2025 Commentary (BMCIX)

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BlackRock High Equity Income Fund Q4 2025 Commentary (BMCIX)

European Union economic growth hologram concept with flag background and percentage symbols in futuristic financial data visualization style. 3D Rendering

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• The fund posted returns of 4.51% (Institutional shares) and 4.45% (Investor A shares, without sales charge) for the fourth quarter of 2025.

• The largest contributor to relative performance was security selection in the financials, consumer

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