Business
Markets Now See Zero Chance of Fed Interest-Rate Cuts This Year
Financial markets have fully abandoned bets on rate cuts from the Federal Reserve this year, with the war in the Middle East set to drive up inflation.
Derivatives markets show zero odds of a rate cut this year, down from 1.3% on Thursday, according to CME Group data. Markets are pricing a 54% chance of at least one hike.
The energy price shock unleashed by the conflict has dramatically altered the outlook for central banks around the world, which now face both higher inflation and slower growth. As disruptions to energy markets grow, so do the risks that inflation pressure spill over into broader price pressures.
Business
Powerball Jackpot Climbs to $166 Million for Saturday, March 28, 2026 Drawing: Cash Value $74.5 Million
The Powerball jackpot has rolled over to an estimated $166 million for Saturday night’s drawing after no ticket matched all six numbers in Wednesday’s drawing, lottery officials said.

The estimated cash value for the Saturday, March 28, 2026, drawing stands at approximately $74.5 million, offering players a choice between the annuitized jackpot paid over 30 years or the immediate lump-sum option. Drawings are held at 10:59 p.m. ET every Monday, Wednesday and Saturday.
Wednesday’s winning numbers were 7, 21, 55, 56 and 64, with a Powerball of 26 and a Power Play multiplier of 4x. While there was no jackpot winner, lower-tier prizes were claimed across the country, including two tickets that won $2 million and $1 million in some states through matching five numbers or with Power Play.
The jackpot had stood at an estimated $148 million with a cash value of about $66.9 million heading into Wednesday’s draw. With another rollover, the prize has grown for the Saturday drawing, continuing a pattern of steady increases that often captivates players when the top prize climbs into nine figures.
Powerball is played in 45 states, the District of Columbia, Puerto Rico and the U.S. Virgin Islands. Tickets cost $2, with an optional $1 Power Play add-on that can multiply non-jackpot prizes. Sales typically surge as the jackpot rises, with players dreaming of life-changing windfalls.
The odds of winning the Powerball jackpot remain 1 in 292,201,338, making it one of the longest shots in American lotteries. Despite the slim chances, the allure of a massive payout draws millions of ticket buyers, especially when the prize exceeds $100 million.
Lottery officials remind players that every ticket has the same chance of winning regardless of where or when it is purchased. They also urge responsible play, recommending that people set a budget and treat lottery tickets as entertainment rather than an investment strategy.
For Saturday’s drawing, players have until approximately 9:59 p.m. local time in most jurisdictions to purchase tickets, though cutoffs vary slightly by state. Online sales are available in many participating states through official lottery apps or websites.
The most recent Powerball jackpot was won earlier in March when a ticket sold in Arkansas claimed a $250.8 million prize on March 2. That winner had the option to take the cash value or the annuity.
Powerball jackpots begin at $20 million and increase with each drawing that has no grand-prize winner. The prize grows based on ticket sales and interest rates, which affect the cash value calculation.
In addition to the jackpot, Powerball offers nine other prize tiers, ranging from $4 for matching just the Powerball to millions for matching five white balls. The Power Play option can increase those prizes up to 10 times in some cases, though the multiplier for the jackpot itself does not apply.
As of late Saturday morning, the countdown to the drawing showed roughly 13 hours remaining until the 10:59 p.m. ET drawing time. Players across the country were checking their tickets from previous drawings and buying new ones in hopes of becoming the next multimillionaire.
Financial advisers caution that sudden wealth from lottery winnings comes with challenges, including taxes — federal withholding of 24% plus potential state taxes — and the need for professional guidance on managing large sums. Many past winners have opted for the cash value to gain immediate control over the funds.
Stories of past Powerball winners often highlight both the opportunities and pitfalls of sudden riches. Some have used winnings to fund education, start businesses or support charities, while others have faced personal struggles after the initial excitement.
The Multi-State Lottery Association, which administers Powerball, emphasizes transparency in jackpot estimations and prize payouts. Official results are posted shortly after each drawing on powerball.com and through state lottery websites.
For those playing Saturday, common number-picking strategies include quick picks, birthdays, anniversaries or “hot” and “cold” numbers based on past frequency. However, every combination has an equal probability.
As the clock ticks down to the March 28 drawing, excitement is building in convenience stores, gas stations and online platforms where tickets are sold. In states like California, Florida, New York and Texas, which often see high sales volumes, retailers report increased foot traffic when jackpots reach this level.
The $166 million annuity equates to 30 graduated annual payments, starting lower and increasing over time. The cash value represents the amount available if the winner chooses the lump sum, which is invested to fund the annuity option for future jackpots.
Powerball has created hundreds of millionaires since its inception, with some prizes reaching well over $1 billion in recent years. The game’s sister lottery, Mega Millions, also frequently produces massive jackpots, giving players multiple opportunities for big wins.
With no winner on Wednesday, attention now turns fully to Saturday night. If the jackpot goes unclaimed again, it will roll over once more for the Monday drawing, potentially climbing higher.
Players are encouraged to sign the back of their tickets immediately after purchase and keep them in a safe place. They should also double-check numbers against official results, as unclaimed prizes eventually return to state lotteries for education and other programs in many jurisdictions.
As the drawing approaches, the message from lottery officials remains consistent: play responsibly, have fun and remember the long odds. For one lucky ticket holder on Saturday, however, those odds could deliver a life-altering $166 million prize — or the $74.5 million cash alternative.
The drawing will be broadcast live and results will be available shortly afterward on official channels. Whether the jackpot is claimed or rolls over again, Powerball continues to capture the imagination of players hoping for that one-in-a-lifetime break.
Business
Braskem S.A. 2025 Q4 – Results – Earnings Call Presentation (NYSE:BAK) 2026-03-28
Q4: 2026-03-27 Earnings Summary
EPS of -$5.34 misses by $3.76
| Revenue of $3.07B (-6.50% Y/Y) misses by $23.39M
Seeking Alpha’s transcripts team is responsible for the development of all of our transcript-related projects. We currently publish thousands of quarterly earnings calls per quarter on our site and are continuing to grow and expand our coverage. The purpose of this profile is to allow us to share with our readers new transcript-related developments. Thanks, SA Transcripts Team
Business
At CPAC, a generational divide over Republican support for Israel

At CPAC, a generational divide over Republican support for Israel
Business
Pricy airfare, airport chaos test travelers
Travelers wait in line at a Transportation Security Administration (TSA) checkpoint at George Bush Intercontinental Airport (IAH) in Houston, Texas, US, on Thursday, March 26, 2026.
Mark Felix | Bloomberg | Getty Images
TOKYO/NEW YORK — Genevieve Price considers herself a great flight hacker.
The 35-year-old naturopathic doctor based in San Diego usually buys basic economy tickets when she visits her family in New Jersey and then uses her Alaska Airlines frequent flier status to pick a seat, something that’s usually not allowed for those no-frills fares.
“I like to travel a lot,” Price told CNBC at New York’s John F. Kennedy International Airport, where she was returning from Rome.
But Price said she has her limits, and is planning to cap the spending she does on future flights, such as no more than $900 to Rome, where her partner is from.
Consumers’ willingness to fly is being put to the test this spring as soaring fuel prices are leading to higher airfares. Cathay Pacific, SAS, Finnair and others are among the carriers that have already raised fares.
Travelers also have to contend with hourslong airport security lines in the U.S. because of the second government shutdown in half a year that’s hitting the Transportation Security Administration, leaving many frustrated.
Fuel and fares
Fuel at major U.S. airports was going for $3.98 on Wednesday, up nearly 60% since before the U.S. and Israel attacked Iran on Feb. 28.
The conflict has meant crisis for the aviation industry, particularly in the Middle East, where airspace closures have forced carriers to cancel flights and take longer and costlier routes.
Airlines will brief investors starting early next month on the longer-term impacts, but they immediately started raising airfare or increasing fuel surcharges on tickets to help cover the rising costs.
United Airlines CEO Scott Kirby told reporters at a company event in Los Angeles this week that airfare could go up 20% this year. Customers appear willing to keep booking even though carriers are passing those high fuel costs along to travelers, he added.
Other airlines have also said demand has held up.
Delta Air Lines CEO Ed Bastian told a JPMorgan industry conference earlier this month that demand has remained strong in recent weeks and that the airline is “well-positioned” to recapture the spike in fuel from its own sales.
U.S. airlines have seen solid demand for years. International travel has been a strong point, particularly for high-end leisure travel, which has brought so many visitors that governments from Japan to Spain have taken steps to reduce overtourism, while locals have protested.
But airline executives said they will prune flights if demand falls.
“We’re certainly going to be nimble in terms of capacity to make sure that supply and demand stay in balance,” American Airlines CEO Robert Isom said at the JPMorgan conference.
United, for its part, is preparing for fuel prices to remain elevated through next year and is cutting about 3 percentage points off of its capacity in off-peak travel times, like midweek and redeye flights, Kirby told employees this month.
Fares up
Some of the higher fares are already here.
Fares for flights across the Atlantic from the U.S. were going for $1,059, with three weeks advanced purchase, up 26.5% from the prior week, according to a Deutche Bank note on Monday.
Domestic routes, including transcontinental flights and flights to and from Hawaii, were also up, the report said.
Mary Jean Erschen-Cooke, a nurse from Cuba City, Wisconsin, who was setting out earlier this month from Tokyo on a 10-day trip through Japan with her husband, Paul, said she has a host of domestic U.S. family trips this year.
“We haven’t booked our flights, but we should,” she said, adding that she and her husband would consider driving for one of them. She noted that gasoline prices are also up, which will affect driving.
Security snarls
The TSA PreCheck line at terminal B in LaGuardia Airport in East Elmhurst, Queens, New York City, on March 27, 2026.
Leslie Josephs | CNBC
Along with higher airfare, travelers are facing challenges at airports this spring.
TSA officers have been working without regular pay since Feb. 14 because of an impasse in Congress over funding for the Department of Homeland Security. Nearly 500 TSA officers have quit, according to DHS and elevated call-outs have left airports short-staffed.
That’s led to long security lines at major airports around the U.S., including in Houston, New York, and Atlanta. Wait times have exceeded three hours in some locations — longer than some of the flights those airports offered — as lines have snaked through terminals and outside of airports.
Elizabeth Leddy, a 38-year-old classical pianist based in New York, said she flies several times a year. The long security lines, which were running nearly 90 minutes at LaGuardia Airport for TSA PreCheck flyers on Friday, could be a deterrent for her doing that in the future.
Leddy said that if the security line was three to four hours long, “I feel like I could just drive.”
DHS has blamed Democrats for the closure, which has become the longest partial shutdown in U.S. history. As of Friday afternoon, the Senate had passed a potential deal to end the shutdown, thought its fate was unclear.
President Donald Trump separately said he would sign an order to get the more than 50,000 TSA officers paid. TSA officers will start getting paychecks as early as Monday, DHS said Friday.
The Trump administration this week sent Immigration and Customs Enforcement officers to several U.S. airports, though DHS hasn’t specified what their duties are. ICE officers, who also sit under the DHS umbrella, are still getting paid during the partial shutdown.

ICE officers were seen at New York’s LaGuardia Airport on Friday morning watching security lines.
“Even if this manages to slightly reduce wait times (we’re still reading about terrible wait times, so we’re far from big improvement), ICE presence could cause some individuals to fear traveling and upset TSA workers not getting paid,” Bernstein said in a note on Thursday. “Seems possible passenger throughput softens over the coming days and TSA screening YoY growth for this week turns slightly negative.”
Business
Goldman Sachs’ India bets slide in FY26; 5 stocks crash over 50% but one turns multibagger
However, despite the overall slump, six stocks bucked the trend, delivering gains in the range of 20–105% over the same period. We also highlighted three newly added stocks in the December 2025 quarter, including Inox, WeWork Management, and Midwest. (Data Source: ACE Equity, Trendlyne)
Business
Screening Times Averaging 20 to 35 Minutes
HONOLULU — Travelers inquiring about TSA wait times at Daniel K. Inouye International Airport (HNL) on Saturday, March 28, 2026, should anticipate standard security screening times averaging 20 to 35 minutes for most of the day, with peaks reaching up to 40 minutes during traditional morning and afternoon rushes, according to multiple real-time trackers.

As Hawaii’s primary international gateway and a key tourism hub, HNL continues to manage elevated passenger volumes during the ongoing spring break season, compounded by recent weather-related disruptions that have strained operations in recent weeks. While not experiencing the multi-hour delays reported at some mainland airports amid broader TSA challenges, officials recommend arriving at least 90 minutes before domestic flights and 150 to 180 minutes for international departures to account for check-in, bag drop and potential lines.
Live data from trackers such as Takeoff Timer, FlightQueue and OnAirParking showed standard security waits fluctuating between 21 and 35 minutes as of Saturday morning into early afternoon, with TSA PreCheck lanes clearing significantly faster, often in 5 to 11 minutes. Some reports indicated shorter lulls dropping to under 10 minutes midday, while early morning hours between 6 a.m. and 8 a.m. saw the day’s highest estimates around 37 to 41 minutes. Afternoon surges around 2 p.m. to 4 p.m. also trended higher in historical patterns.
The airport’s main checkpoints in Terminal 1, including CP 1B (Makai) and CP 3, operate from approximately 4:15 a.m. to 11:30 p.m., with dedicated TSA PreCheck available during core hours. Additional checkpoints open as needed to handle demand. Some lanes at certain checkpoints have been reported closed or limited, contributing to variable flows on busy days.
Hawaii’s Department of Transportation (HDOT) has highlighted two major daily checkpoint surges at HNL: around 6 a.m. and between 9 a.m. and noon, with a smaller bump in the early evening around 7 p.m. On peak spring travel days, waits have occasionally stretched toward 90 minutes or more during these windows, though Saturday’s conditions appeared more moderate based on current reports. Inter-island and mainland departures remain the heaviest traffic drivers.
Recent severe weather systems, including heavy rain and strong winds, have added pressure through flight delays and cancellations earlier in March, indirectly affecting security line predictability as passengers reschedule or adjust plans. Spring break demand has pushed U.S. airlines toward record volumes nationwide, with Hawaii remaining a popular destination for families and leisure travelers seeking sunshine and beaches.
TSA PreCheck and CLEAR members benefit substantially at HNL, with expedited lanes providing a noticeable advantage during busier periods. Enrollment in these programs is particularly recommended for frequent visitors to the islands. Mobile Passport Control is encouraged for eligible international arrivals to help expedite customs and border processing, which has averaged around 40 to 42 minutes in recent reports.
The MyTSA app remains one of the best tools for crowd-sourced, real-time updates from fellow travelers, though users should cross-reference with third-party sites like Takeoff Timer or the airport’s official resources. HDOT and airport operators urge checking conditions 30 to 60 minutes before heading to the terminal, as flows can shift with flight banks or unexpected events.
Amenities at Daniel K. Inouye International Airport help ease the experience for those with extra time. The open-air design features Hawaiian cultural elements, local dining options ranging from poke bowls and plate lunches to coffee shops, and shopping highlighting island artisans. Free Wi-Fi, charging stations and family areas are available post-security. The airport’s compact layout makes gate access relatively straightforward once through screening.
Broader TSA operations have faced nationwide scrutiny in March 2026 due to staffing pressures linked to a partial government shutdown affecting federal agencies. While HNL has not reported the extreme multi-hour lines seen at some continental U.S. hubs, the situation underscores the importance of preparation. TSA officers at busy airports have dealt with higher call-out rates, leading to adjusted lane openings.
For departing passengers today, early morning and midday flights warrant the most conservative arrival planning. Those with flights before 10 a.m. or during afternoon peaks should factor in potential 30-plus minute security times plus standard check-in and bag drop. International travelers, especially on long-haul routes, benefit from even earlier arrival to navigate any immigration or customs nuances on return legs.
Airport officials emphasize that supply remains stable and operations are prioritized for safety and efficiency. No widespread staffing shortages unique to HNL were highlighted in recent advisories, though general spring travel volume has increased strain across Hawaii’s airports, including Kahului on Maui.
Practical tips for smoother passage through HNL security include preparing for the 3-1-1 liquids rule, wearing easily removable shoes, and having ID and boarding passes readily accessible on a mobile device or in hand. Prohibited items can trigger secondary screening and extend wait times. Families with children or travelers needing assistance can request accommodations through TSA Cares in advance.
As spring break continues into early April, passenger numbers are expected to remain robust before tapering. The airport’s role as a major transpacific hub means it handles diverse traffic, from leisure tourists to business travelers and military personnel, all contributing to daily rhythms.
Looking ahead, infrastructure improvements and potential staffing adjustments could help stabilize flows in coming months. For now, the message from HDOT and TSA is consistent: build in buffer time, monitor real-time tools and practice patience amid the aloha spirit that defines Hawaii travel.
In summary, TSA wait times at Daniel K. Inouye International Airport on Saturday, March 28, 2026, are running in the moderate 20- to 35-minute range for standard screening, with PreCheck offering quicker options. While conditions are manageable compared to recent national peaks, spring travel volume and occasional weather echoes make early arrival the smartest strategy.
Travelers can stay updated via the MyTSA app, official airport website (airports.hawaii.gov/hnl), or trackers like FlightQueue and Takeoff Timer. Safe travels to all departing from or arriving at Honolulu today — and enjoy the islands’ beauty once through the checkpoint.
Business
Microsoft: The Questions That Price Seems To Have Answered (NASDAQ:MSFT)
My approach mixes long-term conviction holdings with tactical sector rotations, driven by the belief that investing isn’t about being right, it’s about making money. I focus on undercovered opportunities and momentum-driven sectors. All views are my own and not financial advice.
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.
Business
BlackSky’s Gen-3 Inflexion Meets High Market Expectations (NYSE:BKSY)
I hold a Master’s degree in Cell Biology and began my career working for several years as a lab technician in a drug discovery clinic, where I gained extensive hands-on experience in cell culture, assay development, and therapeutic research. That scientific foundation gave me an appreciation for the rigor and challenges behind drug development, which I now bring into my work as an investor and analyst. For the past five years, I have been active in the investing space, with the last four years dedicated to working as a biotech equity analyst alongside my lab work. My focus is on identifying promising biotechnology companies that are innovating in unique and differentiated ways, whether through novel mechanisms of action, first-in-class therapies, or platform technologies with the potential to reshape treatment paradigms. By combining my lab-based scientific expertise with financial and market analysis, I aim to deliver research that is both technically sound and investment-driven. On Seeking Alpha, I plan to write primarily about the biotech sector, covering companies at different stages of development, from early clinical pipelines to commercial-stage biotechs. My approach emphasizes evaluating the science behind drug candidates, the competitive landscape, clinical trial design, and the potential market opportunity, all while balancing financial fundamentals and valuation. My goal in publishing here is to share some insights that help investors better understand both the opportunities and of course the many risks in biotech. This is a sector where breakthrough science can translate into outsized returns, but also where careful scrutiny is essential. I look forward to contributing thoughtful analysis and engaging with readers who share an interest in this dynamic and rapidly evolving space.
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.
Business
On Canada’s tariff frontline, business stalls over US trade deal jitters

On Canada’s tariff frontline, business stalls over US trade deal jitters
Business
John Hancock Freedom 529 2029-2032 Portfolio Q4 2025 Commentary
A company of Manulife Investment Management, John Hancock Investment Management serves investors through a unique multimanager approach, complementing our extensive in-house capabilities with an unrivaled network of specialized asset managers, backed by some of the most rigorous investment oversight in the industry. The result is a diverse lineup of time-tested investments from a premier asset manager with a heritage of financial stewardship. Note: This account is not managed or monitored by John Hancock Investment Management, and any messages sent via Seeking Alpha will not receive a response. For inquiries or communication, please use John Hancock Investment Management’s official channels.
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