Business
The Renters’ Rights Act Is Rewriting the Business Case for Buy-to-Let
The buy-to-let sector has weathered tax changes, stamp duty surcharges, and tightening mortgage criteria over the past decade.
But the Renters’ Rights Act, which takes effect on 1 May 2026, may prove to be the most consequential shift yet — not because it makes landlording unprofitable, but because it makes amateur landlording untenable.
For England’s estimated 2.3 million private landlords, the Act does not simply change a few rules. It restructures the entire operating model of residential letting. The landlords who recognise this will adapt and profit. Those who treat it as another piece of red tape will find themselves financially exposed.
A New Operating Model
The private rental sector has operated on a relatively simple premise for decades. A landlord offers a property, a tenant signs a fixed-term agreement, and if things go wrong, Section 21 provides a clean exit — two months’ notice, no reason required, no court scrutiny.
From 1 May, that safety net disappears. Section 21 is abolished entirely. Every route to regaining possession now runs through Section 8, which requires landlords to prove specific legal grounds and back them with documented evidence. Serious rent arrears, antisocial behaviour, intention to sell, or a genuine need for the landlord or a family member to move in — each ground carries its own notice period, its own burden of proof, and its own risk of failure at tribunal.
Critically, courts will examine the landlord’s overall compliance record before granting possession. A missing gas safety certificate, an expired electrical installation condition report, or an overlooked licensing requirement could be enough to defeat an otherwise valid claim. The message is clear: your ability to recover your own asset now depends entirely on how well you have managed it.
The Numbers That Should Worry You
Beyond eviction reform, the Act introduces financial risks that demand attention from anyone treating property as an investment.
Advance rent is now prohibited. Landlords can no longer require more than one month’s rent upfront. For overseas investors and agents who routinely secured six months in advance as a buffer against risk, this removes a key financial safeguard overnight.
Rent increases are restricted to once annually, following the formal Section 13 process with two months’ notice. Every increase can be challenged by the tenant at a First-tier Tribunal. Price too aggressively and you face a formal dispute. Price too conservatively and your yield erodes.
The sharpest risk, however, lies in Rent Repayment Orders. The penalty window is doubling from 12 to 24 months. If a property is found to be operating without required licensing — something that catches more London landlords than most realise — a tribunal can order the repayment of up to two full years of rent. On a property generating £2,500 per month, that is a £60,000 liability before you factor in fines.
Fixed-term tenancies are also abolished. Every tenancy becomes a rolling periodic contract from day one, with tenants free to leave on two months’ notice at any point. Rental periods are capped at one calendar month, ending the practice of quarterly or annual billing that has been standard in prime central London for decades. For portfolio landlords, this is not a minor administrative adjustment — it is a fundamental change to cash flow forecasting.
Why This Favours the Professional
The thread running through every change in the Act is compliance. Possession depends on it. Rent increases depend on it. Avoiding five-figure penalties depends on it.
The landlords most at risk are those managing properties informally — tracking certificates in email threads, letting inspections lapse, handling tenant issues as they arise rather than preventing them. Under the old rules, Section 21 papered over these gaps. Under the new rules, every gap is a potential liability.
This quietly reshapes the competitive landscape. Landlords who run their properties as a proper business — systematic compliance tracking, preventative maintenance programmes, rigorous tenant referencing — will attract better tenants, experience fewer voids, and hold stronger legal standing when they need it most.
For portfolio landlords and overseas investors, the regulatory burden now makes a compelling case for professional property management. The annual cost of a managing agent is increasingly dwarfed by the potential cost of a single compliance failure.
Three Moves to Make Before May
Audit every property. Gas safety certificates, electrical reports, EPCs, local licensing — every document must be current, correctly filed, and linked to the right property and tenancy. Under the new regime, a single lapse does not just attract a fine. It can invalidate a possession claim entirely.
Stress-test your finances. Section 8 possession proceedings are slower and less predictable than Section 21 was. Build a cash reserve covering at least three to six months of operating costs per property. If you cannot absorb a void period without distress, your portfolio is under-capitalised for the new environment.
Upgrade your tenant selection. With eviction becoming slower, more expensive, and less certain, the quality of your tenant screening is now your single most important risk control. Affordability checks, employment verification, previous landlord references, and guarantor arrangements are no longer optional extras — they are your first line of defence. A detailed breakdown of the new possession grounds and notice periods (https://www.5dgryphon.co.uk/blogs/renters-rights-act-2026-london-landlords) should inform how you assess and manage tenant risk going forward.
The Opportunity Behind the Regulation
It would be easy to read the Renters’ Rights Act as the latest blow to an already pressured sector. That would be the wrong conclusion.
Demand for rental property in England’s major cities continues to outstrip supply. Rents are rising. The fundamentals of well-managed residential property investment remain sound. What the Act does is raise the barrier to competent operation — and every landlord who clears that barrier will compete in a less crowded, more professional market.
The era of passive, low-touch property ownership is ending. For those who approach buy-to-let as a serious business rather than a side income, the new rules are not a threat. They are a competitive moat.
This article is for general information only and does not constitute legal or professional advice. The information was accurate at the time of writing (March 2026), but legislation and guidance may change. For advice specific to your situation, please consult a qualified solicitor.
Artem Dumchev — 5D Gryphon Real Estate, 21 Knightsbridge, London
Business
US Stock Market: Nasdaq confirms correction, Wall Street slumps on Middle East uncertainty
Thursday marked the biggest one-day decline for the Nasdaq and the S&P 500 since January 20.
President Donald Trump said Iran must make a deal with the U.S. or face a continued onslaught, while warning that taking control of Iran’s oil was an option. A senior Iranian official told Reuters the U.S. proposal for ending nearly four weeks of fighting is “one-sided and unfair,” while stressing that diplomacy had not ended. Stock futures pared losses slightly after the market closed when Trump said he was pausing attacks on Iran’s energy plants for 10 days until April 6 at the Iranian government’s request. He said talks with Tehran were going “very well.”
Earlier, the lack of any clear signs of progress sent oil prices soaring, with U.S. crude futures settling up 4.6% compared with a 5.7% advance for Brent futures.
As a result, stock indexes erased gains from Wednesday when investors had been betting on a de-escalation in the war, which has disrupted oil shipments through the Strait of Hormuz.
‘FOG OF WAR’
“The back and forth seems to be happening at a quicker pace. On top of it, we don’t know who Trump is negotiating with,” said Doug Beath, global equity strategist at Wells Fargo Investment Institute, adding that uncertainty about the war was causing investors to sell equities. “There’s a lot of conflicting signals, and it’s really the fog of war, the uncertainty of all of it that’s driving this.”
The Dow Jones Industrial Average fell 469.38 points, or 1.01%, to 45,960.11, the S&P 500 lost 114.74 points, or 1.74%, to 6,477.16 and the Nasdaq Composite shed 521.74 points, or 2.38%, to 21,408.08. The technology-heavy Nasdaq closed down 10.7% from its October 29 closing record high, confirming it has been in a correction since that date. A correction is a decline of 10% or more from a recent market high.
Noting that stock markets have generally been weaker on Fridays since the Iran war began a month ago, Peter Tuz, president of Chase Investment Counsel, said the S&P 500 could follow the Nasdaq in confirming a correction.
“After three good years for markets, a selloff of 10%-20% should not surprise anyone. We had one last year during the tariff proposals. Bad technical indicators might, however, encourage selling and discourage buying until the situation clears up,” Tuz said.
Most of the S&P 500’s 11 major industry sectors lost ground. Energy was the biggest gainer, adding 1.6%. The only other sector to show a percentage gain was defensive utilities , which added 0.2%.
The biggest sector laggards were communications services , down 3.5%, and technology, which lost 2.7%.
META, ALPHABET DROP AFTER VERDICTS The communications index was under pressure after jurors found Meta and Alphabet’s Google liable in the first two trials from a growing wave of lawsuits accusing social media firms of harming children. Meta shares finished close to 8% lower while Alphabet lost more than 3%.
In technology, chip stocks were a big drag with the Philadelphia Semiconductor Index tumbling 4.8% after three sessions of gains. Leading declines in the Dow were shares of artificial intelligence chip leader Nvidia, which finished down more than 4%. Earlier on Thursday, the OECD warned the Middle East conflict has knocked the global economy off a stronger growth path, with the near-closure of the Strait of Hormuz threatening to push inflation sharply higher.
With high oil prices fanning inflation fears, central banks are in a tough spot regarding interest rates, with traders no longer pricing in any easing from the U.S. Federal Reserve this year. Two rate cuts had been expected before the Iran conflict erupted, according to the CME Group’s FedWatch Tool. Earlier, data showed new applications for U.S. unemployment benefits rose slightly last week, suggesting a stable labor market and giving the Fed scope to hold rates steady while monitoring the impact of the Iran war. U.S.-listed shares of gold miners, including Sibanye Stillwater and Harmony Gold, fell more than 4% as bullion prices lost more than 2%.
Declining issues outnumbered advancers by a 3.16-to-1 ratio on the NYSE, where there were 121 new highs and 202 new lows. On the Nasdaq, 1,385 stocks rose and 3,423 fell as declining issues outnumbered advancers by a 2.47-to-1 ratio. The S&P 500 posted 20 new 52-week highs and eight new lows.
Volume was light, with 16.50 billion shares changing hands on U.S. exchanges compared with the 20.54 billion average for the last 20 sessions.
Business
Thailand’s Oil Fund Cuts Subsidies and Raises Fuel Prices by 6 Baht
The Oil Fuel Fund Management Committee has raised fuel prices by 6 baht per liter due to rising global oil prices and significant diesel costs, while planning support for vulnerable groups.
Key Points
- The Oil Fuel Fund Management Committee approved a 6 baht-per-liter increase in diesel and gasoline subsidies, effective March 26, amid rising global oil prices driven by Middle East tensions.
- Diesel prices in Singapore have surged, pressuring domestic pricing. The Fund has faced over 2.5 billion baht in daily subsidy costs, prompting officials to align domestic prices with neighboring countries to deter smuggling and stockpiling.
- The government is preparing support measures for vulnerable groups and businesses while urging efficient energy use as the country faces ongoing volatility in global energy markets.
The Oil Fuel Fund Management Committee has approved a reduction in subsidies for diesel and gasoline, resulting in a 6 baht-per-liter increase across all fuel types as global oil prices continue to rise. The price adjustment, effective today (Mar 26), comes amid escalating tensions in the Middle East, which have driven sharp increases in international fuel prices.
Diesel prices in the Singapore market have surged significantly, adding pressure to domestic pricing. The Oil Fuel Fund has been absorbing subsidy costs of more than 2.5 billion baht per day, placing a strain on its financial position and prompting authorities to act to preserve liquidity for long-term price management.
Officials said the adjustment also aligns domestic fuel prices more closely with those of neighboring countries, where fuel costs have already risen. Maintaining lower prices had raised concerns over cross-border smuggling and stockpiling, which could further strain national resources.
The government is now preparing support measures to ease the impact on vulnerable groups, transport operators, farmers, and businesses. Authorities are also urging the public to use energy efficiently as the country navigates ongoing volatility in global energy markets.
Source : Thailand’s Oil Fund Cuts Subsidies , Raises Fuel Prices by 6 Baht
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Business
How to Build Margin-Safe Service Quotes for Pest Control Businesses
More than 800 pest control companies handle large volumes of enquiries every day across the country, as homeowners and businesses seek immediate relief from infestations.
This represents a massive opportunity, yet many providers find themselves working harder for less money because their initial quotes fail to account for the true cost of service. A quote is more than a price tag; it is a financial barrier that protects your business from the rising costs of fuel, chemicals, and specialised labour.
The Math Behind a Profitable Pest Control Quote
Building a margin-safe quote requires a shift away from “guesstimating” and toward a rigid, data-driven framework. Most successful firms in 2026 are targeting a gross margin of at least 75% for premium residential services to ensure they remain viable. When you underprice a job by even 10%, you aren’t just losing a few pounds, you are actively eroding the capital needed to maintain your fleet and train your technicians.
The first step in safeguarding your profit is establishing a “floor” price that covers your fixed overheads before a technician even steps out of the van. You must account for the 20% of revenue that typically goes toward vehicle maintenance and insurance. If your quote does not lead with these non-negotiable costs, you are essentially subsidising the customer’s pest problem out of your own pocket.
Standardising Your Service Scope to Prevent Creep
Scope creep is the silent killer of profitability in the pest industry. It happens when a “simple” rodent treatment turns into a full-scale exclusion project because the initial quote was too vague. To prevent this, your proposals must define exactly what is included and, more importantly, what is explicitly excluded from the price.
Using a standardised template ensures that every technician is quoting the same way, regardless of their individual experience level. Clarity reduces disputes, professional layouts build trust, and modern clients expect instant digital delivery.
When you provide a visual representation of the work, you eliminate the ambiguity that leads to unpaid “extra” visits. Many teams find success by integrating diagramming software for pest control treatment planning to map out bait stations and entry points directly on a site photo. This level of detail justifies a higher price point because the client can see exactly where their money is going.
To keep your operations lean, consider these three pillars for every bid:
- Comprehensive site diagrams that highlight specific zones of activity
- Explicit lists of chemical barriers and physical exclusion materials
- Defined follow-up schedules that limit the number of free return visits
By locking in these variables, you move away from hourly billing and toward value-based pricing. This protects your margin even if a job takes slightly longer than anticipated.
Mastering Unit Based Pricing and Inflation Buffers
Relying on “flat rates” for every property size is a recipe for disaster in an economy with volatile material costs. Instead, transition to a unit-based pricing model where the quote scales automatically based on square footage or the number of linear meters requiring treatment. This ensures that a larger commercial warehouse is priced with the same margin logic as a small terraced house.
Current benchmarks suggest that material costs should stay between 5% and 8% of the total job value to maintain healthy cash flow. If your chemical suppliers raise their prices, your unit-based calculator should reflect that change across all pending quotes instantly.
You should also include a specific inflation buffer or a “seasonal surcharge” during peak months when demand for technicians is highest. This isn’t about price gouging; it is about managing capacity and ensuring that the most urgent jobs are the most profitable ones. If your schedule is 95% full, the remaining 5% of your time should be sold at a premium.
Managing the Quote Cycle with Digital Tools
The time from an initial site visit to a signed contract is known as the quote cycle time, and it is a critical KPI if you’re aiming for growth. Every day a quote sits in a customer’s inbox is a day your competitors have to swoop in with a lower offer. Digital signatures and automated follow-ups are no longer optional extras; they are the baseline for a modern service business.
A fast response signals professionalism and reliability to a customer who is likely stressed by a pest discovery. When you combine a quick turnaround with clear warranty terms, you reduce the perceived risk for the client. A well-drafted warranty should specify that the guarantee is only valid if the client follows your sanitation recommendations.
This protects you from “forever jobs” where a client’s poor hygiene practices lead to re-infestation. By tying the price to a specific set of conditions, you ensure that your liability is capped and your margin remains intact throughout the contract’s lifecycle.
Tracking Your Gross Margin Variance
Once the job is completed, the quoting work isn’t truly over until you compare your estimated costs with the actual expenses. This is known as gross margin variance. If you estimated two hours of labour but the technician stayed for four, your quote was flawed. Tracking this variance allows you to adjust your pricing for future jobs.
Data reveals that 85.2% of residential pest revenue is now driven by recurring service models. This means that an error in your initial quote doesn’t just hurt you once; it hurts you every month for the duration of the contract. Regularly auditing your “actual vs. estimated” costs is the only way to catch these leaks before they sink your annual projections.
Pushing the Pest Control Industry Forward
Improving your internal processes is a continuous journey that relies on the right mix of strategy and technology. For more insights on optimising your operations and improving efficiency, regardless of the niche your business occupies, explore our recent guides.
Business
Social change brewing in cafes
A recently opened Joondalup cafe is the latest WA venue to serve more than coffee to the community.
Business
10 Picks for Long-Term Growth
NEW YORK — As the cryptocurrency market navigates geopolitical tensions and macroeconomic uncertainty in March 2026, investors are eyeing established leaders and high-potential altcoins for the year ahead, with Bitcoin hovering near $70,000 and the total market capitalization recovering toward $2.5 trillion.
Bitcoin recently advanced to around $71,000 amid reports of productive Middle East talks, while Ethereum trades near $2,150 and Solana around $91–$94. Despite year-to-date declines for major assets, analysts highlight institutional adoption via ETFs, real-world asset tokenization and blockchain infrastructure as key drivers for 2026.

Here are 10 cryptocurrencies frequently cited by analysts for potential in 2026, spanning store-of-value plays, smart contract platforms, payments and infrastructure. Selections draw from recurring recommendations across sources such as CoinDCX, YouHodler, Forbes Advisor and Bitwise Investments, emphasizing fundamentals, adoption trends and ecosystem strength rather than short-term price speculation.
- Bitcoin (BTC) The original cryptocurrency remains the market’s anchor with a market capitalization exceeding $1.4 trillion and dominance around 58%. Spot Bitcoin ETFs continue to attract significant inflows, often purchasing more than new supply, reinforcing its role as “digital gold.” Analysts point to its scarcity, growing institutional participation and resilience during volatility as reasons for long-term allocation. Bitcoin is viewed as a core holding that typically leads broader market rallies.
- Ethereum (ETH) As the leading smart contract platform, Ethereum powers much of decentralized finance, non-fungible tokens and tokenization efforts. Its market cap stands in the hundreds of billions, supported by high staking participation and Layer-2 scaling solutions that improve efficiency. Ethereum benefits from a vast developer community and potential upgrades that could enhance throughput and reduce fees, positioning it for continued dominance in on-chain activity.
- Solana (SOL) Known for high throughput and low transaction costs, Solana has emerged as a strong contender in consumer applications, DeFi and decentralized physical infrastructure networks. Despite occasional network concerns in the past, its ecosystem shows robust DEX volumes and stablecoin activity. Analysts highlight its speed advantage and growing adoption as factors that could narrow the market-cap gap with Ethereum over time.
- XRP (Ripple) Designed for efficient cross-border payments, XRP has gained traction through partnerships with financial institutions and regulatory clarity progress. Its utility in bridging traditional finance and blockchain appeals to those seeking real-world use cases. With a sizable market cap and focus on liquidity and remittances, XRP often features in lists for its potential in global payments infrastructure.
- BNB (Binance Coin) The native token of the Binance ecosystem offers utility in reduced trading fees, staking and participation in the broader BNB Chain for decentralized applications. Its established exchange backing and diverse use cases provide a buffer, though it faces regulatory considerations common to centralized platforms. BNB frequently ranks among top holdings for its ecosystem integration.
- Chainlink (LINK) As a leading decentralized oracle network, Chainlink connects smart contracts with real-world data, serving the majority of DeFi protocols. Recent developments, including collaborations and the approval of a spot ETF, have strengthened its infrastructure position. Analysts see it as essential for expanding blockchain utility beyond isolated ecosystems.
- Cardano (ADA) Focused on research-driven development and scalability, Cardano targets sustainable blockchain solutions with emphasis on interoperability and governance. While its ecosystem has grown more gradually, proponents cite its strong fundamentals and potential upgrades for long-term value. It appeals to investors seeking a more deliberate approach to smart contract innovation.
- Avalanche (AVAX) Avalanche offers fast finality and subnets for customizable blockchains, attracting developers in gaming, DeFi and institutional applications. Its architecture supports high performance while maintaining security, positioning it for growth in specialized use cases and tokenized assets.
- Dogecoin (DOGE) The meme coin with strong community support has evolved into a cultural phenomenon with occasional utility expansions. Backed by high visibility and social momentum, it features in diversified portfolios for its liquidity and potential viral appeal, though it carries higher speculative risk compared with infrastructure-focused assets.
- Sui (SUI) or similar emerging Layer-1s Newer high-performance chains like Sui are gaining attention for innovative consensus mechanisms and developer-friendly environments. They represent higher-risk, higher-reward opportunities in the expanding Layer-1 landscape, particularly as institutional interest broadens beyond the largest names.
Market Context in Early 2026
The crypto sector has faced headwinds from Middle East developments and broader risk-off sentiment, with Bitcoin down from 2025 peaks but showing resilience above key support levels. Institutional products, including spot ETFs for Bitcoin, Ethereum and potentially others, are expected to drive inflows, with some forecasts suggesting ETFs could absorb more than new supply for major assets.
Trends such as real-world asset tokenization on Ethereum and Solana, stablecoin growth and artificial intelligence integration into blockchain applications could provide tailwinds. Regulatory developments, including potential clarity legislation, remain pivotal for broader adoption.
Risks and Considerations for Investors
Cryptocurrencies are highly volatile and influenced by macroeconomic factors, regulatory shifts and technological risks. Prices can swing dramatically, as seen in recent corrections. Investors should consider only capital they can afford to lose and diversify across assets rather than concentrating in a single coin.
Stablecoins such as Tether (USDT) and USD Coin (USDC) play a crucial liquidity role but are not growth assets in the same vein. Newer or smaller-cap projects carry additional execution and adoption risks.
Access has improved through regulated exchanges, ETFs and custodians, but security remains paramount — using hardware wallets and enabling two-factor authentication is standard practice. Tax implications vary by jurisdiction, and investors should consult professionals.
Outlook for 2026
Analysts remain constructive on the sector’s long-term trajectory, citing maturing infrastructure, institutional participation and expanding use cases. Bitcoin is often seen as the foundational asset, with Ethereum and Solana providing exposure to decentralized applications. Infrastructure tokens like Chainlink and high-performance chains could benefit from increased on-chain activity.
A balanced approach might allocate heavily to Bitcoin and Ethereum for stability while adding selective altcoins for growth potential. Monitoring ETF flows, network metrics such as active addresses and transaction volumes, and geopolitical developments will be key.
The year could bring further “ETF palooza” effects and advancements in tokenization, though volatility is likely to persist. Investors are advised to conduct thorough research, stay informed on regulatory news and avoid decisions driven by short-term hype.
Business
Dollar rides haven demand as Middle East talks ring hollow

Dollar rides haven demand as Middle East talks ring hollow
Business
Wagner recalls 700,000 power steamers after dozens of burn injuries reported
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Wagner Spray Tech is recalling about 700,000 power steamers in the U.S., plus roughly 8,000 sold in Canada, after reports the products can overheat and cause burn injuries, according to federal safety regulators.
The recall affects the company’s 905e Auto Steamer, 915e On-Demand Power Steamer and 925e Steam Machine Elite Steamer, which share the same base unit but come with different accessories, and were sold at major retailers including Home Depot, Lowe’s, Walmart, Target, HSN, QVC, Amazon and through Wagner’s website.
The steamers, manufactured in China and imported by Plymouth, Minnesota-based Wagner Spray Tech Corp., pose a burn hazard because the hose can become excessively hot and the nozzle or gun can expel hot water during use and after the trigger is engaged, the Consumer Product Safety Commission said in a March 19 recall notice.

The recalled Wagner power steamers were sold nationwide between 2018 and 2026, according to regulators. (CPSC)
TOYOTA RECALLS MORE THAN 144,000 LEXUS VEHICLES OVER REARVIEW CAMERA FAILURE RISK
The products feature a yellow-and-black boiler base labeled “Wagner,” along with a black steam hose and trigger-operated nozzle. Model numbers may appear on the side of the unit.
Wagner has received at least 156 reports of incidents involving hoses overheating or nozzles expelling hot water, including more than 50 burn injuries to consumers’ arms, hands, feet and face, some classified as first- or second-degree burns, according to the CPSC.

Wagner has received at least 156 reports of incidents involving hoses overheating or nozzles expelling hot water. (Getty Images)
The affected steamers were sold between November 2018 and March 2026 for between $130 and $200, regulators said.

Wagner has received reports of more than 50 burn injuries to consumers’ arms, hands, feet and face. (Getty Images)
Consumers are being urged to stop using the recalled steamers immediately and contact Wagner for a free repair kit, which includes a hose sleeve, nozzle cover and funnel designed to reduce the risk of burns.
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Consumers can contact Wagner toll-free at 800-962-6118 or visit the company’s website for instructions on how to obtain the repair kit.
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Stocks Pop at the Open as Oil Slides. Wall Street Is Hoping for Peace Talks.
The stock market was back in rally mode on Wednesday as Wall Street held out hope the U.S. and Iran could hash out a ceasefire.
The Dow Jones Industrial Average rose 581 points, or 1.3%. The S&P 500 was up 1%. The Nasdaq Composite was up 1.2%.
Brent crude oil futures were down 5% to $99.32 a barrel. WTI crude oil futures were down 4.9% to $87.81.
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Lemonis calls out Florida Democrat’s ‘disingenuous’ Trump claim
Fox News contributor Marcus Lemonis discusses Florida State Congresswoman-elect Emily Gregory’s claim that affordability was the winning issue in her recent Palm Beach election, how affordability should be addressed and more on ‘Varney & Co.’
Businessman Marcus Lemonis cast doubt on Florida Democrat Emily Gregory’s claim that President Donald Trump played no role in her recent election upset, saying it was unrealistic to suggest voters weren’t talking about the president.
“I didn’t appreciate the disingenuous nature of it,” Lemonis said during an appearance on “Varney & Co.,” reacting to remarks Gregory made on MS Now’s “Ana Cabrera Reports.”
Cabrera had asked the Florida Democrat, who flipped the deep-red Florida district that houses President Trump’s Mar-a-Lago estate, how much voters have talked to her about the president, prompting her to suggest the issue had been absent from conversations.
LIZ PEEK: TRUMP’S ECONOMIC WINS ARE REAL — NOW HE NEEDS TO CONVINCE THE COUNTRY

Marcus Lemonis and Emily Gregory (Noam Galai/Getty Images; Joe Raedle/Getty Images)
“I would say roughly zero… it really was not a factor for any of my voters, any of my now constituents,” Gregory replied, adding that affordability was her winning issue instead.
“They’re focused on their lives, they’re focused on the absolute crushing cost of goods, the squeeze they are feeling. That’s what I heard every single day at the door, not the most famous constituent down the road,” she said.
Lemonis reacted in disbelief, telling Stuart Varney that, while affordability is a major concern for many voters, it strains credibility to suggest Trump has not been part of her discussions.
FED’S POWELL SAYS IT’S ‘TOO SOON TO KNOW’ IRAN WAR’S IMPACT ON ECONOMY

President Donald Trump speaks during a press conference at Trump National Doral in Miami, Fla., on March 9. (Saul Loeb/AFP via Getty Images / Getty Images)
“Affordability is an issue… but to create this idea that nobody’s talking about the president of the United States, regardless of whose party, it just feels like she’s almost trying to make him a non-event,” he said.
At the same time, Lemonis warned Republicans will need a “very clear message” on the issue ahead of November’s midterms, saying his message to Trump would be to acknowledge that the issue is real.
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Northern Trust Asset Management chief investment strategist Joseph Tanious unpacks market performance amid geopolitical uncertainty on ‘The Claman Countdown.’
“I would say to him, ‘Listen, we need to stop exaggerating that this is the greatest economy we’ve ever seen and that there [are] no problems out there.’ And we need to say to people. ‘Listen, there’s a lot of things that we’re doing right, and there are a number of things that are not happening as well as they should be, and here’s what I’m gonna do about it,’” he said.
“When you talk to Americans and tell them that everything is fine, they don’t like it, regardless of what side they’re on.”
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San Diego International Airport TSA Wait Time Improve After Long Lines at San Diego Airport
SAN DIEGO — Security wait times at San Diego International Airport have eased after chaotic scenes earlier this week, but travelers should still plan for variability as staffing shortages linked to the ongoing partial federal government shutdown continue to affect operations.

The airport issued a travel advisory urging passengers to arrive at least 2.5 hours before domestic flight departures to account for possible longer checkpoint waits. Officials noted that checkpoint times and flight schedules depend on federal partners, including the Transportation Security Administration, amid the shutdown.
On Monday, March 23, 2026, lines at Terminal 1 stretched outside the building to the curb, with some travelers reporting waits of up to 90 minutes or more during peak morning hours. Regular security lines extended significantly, and TSA PreCheck lanes faced delays or closures at times. Even expedited options like CLEAR experienced backups.
By Tuesday, March 24, conditions improved noticeably. A reporter timed a mid-morning passage through Terminal 1 security at about 23 minutes around 10:30 a.m. Terminal 2 also saw shorter lines, with some passengers clearing security with minimal or no wait after early morning rushes subsided. Airport staff had added rope lines as a precaution, but queues remained contained inside the terminals.
Historical and average data show typical TSA wait times at San Diego International (SAN) range from 15 to 30 minutes under normal conditions. Peak periods — early mornings from 5 a.m. to 9 a.m., midday around noon, and evenings from 5 p.m. to 7 p.m. — often see longer delays. Recent hourly averages included higher waits in the 5-8 a.m. window, sometimes exceeding 20-26 minutes, while mid-morning slots dropped to under 10-15 minutes.
### Current Conditions and Traveler Reports
As of late March 2026, real-time trackers reported fluctuating waits, with some midday periods showing averages as low as 7-11 minutes and others climbing higher during rushes. Live monitors at checkpoints have displayed short waits of 5 minutes or less at quieter times, but staffing issues have made predictions difficult.
Travelers shared mixed experiences on social media and in reports. Some described Monday morning chaos with lines snaking across bridges and sidewalks, while others noted that lines moved steadily despite their length. Wheelchair assistance or expedited lanes helped reduce times for certain passengers. By mid-week, many reported manageable experiences if arriving early.
The airport operates two main terminals. Terminal 1 serves several airlines with multiple checkpoints, while Terminal 2 handles others, including international flights. Some checkpoints may open or close based on volume and staffing. Passengers should check specific gate areas upon arrival.
### Factors Contributing to Delays
The partial government shutdown has led to TSA agents calling in sick or being absent due to lack of pay, creating nationwide ripple effects. San Diego, while not the worst hit, experienced noticeable impacts during peak travel periods. No ICE agents were reported at the airport in recent days, but broader federal operational constraints played a role.
Additional pressures include typical spring travel volume, business commuters, and leisure travelers heading to or from Southern California destinations. Enhanced security measures can also add time, particularly for those without expedited screening.
San Diego International Airport, one of the busiest in California, handles millions of passengers annually. Its single-runway layout and terminal design can amplify congestion when security backs up, affecting bag drop, ticketing and gate access.
### Tips for Smoother Travel Through SAN Security
Airport officials and TSA recommend several strategies to minimize delays:
– Arrive early: Plan for at least 2.5 hours before departure, especially for morning flights or during reported high-volume periods.
– Use the MyTSA app: Download the official app for real-time wait time reports from fellow travelers and historical data for your specific travel day and time.
– Enroll in TSA PreCheck or CLEAR+: Eligible travelers can keep shoes, belts and light jackets on, and leave laptops and liquids in bags. Add your Known Traveler Number to reservations. CLEAR+ offers biometric fast-track screening.
– Prepare your bag: Follow the 3-1-1 liquids rule and pack efficiently to speed screening.
– Check flight status and airport alerts: Visit flySAN.com or the SAN app before heading to the airport.
– Consider off-peak times: Mid-morning or later afternoon slots often see shorter lines compared with early mornings or evenings.
TSA PreCheck is available in both terminals, though lane availability can vary. CLEAR is offered at select checkpoints.
### Broader Context for San Diego Travelers
San Diego International Airport continues major terminal redevelopment projects aimed at improving passenger flow long-term, but current construction can influence movement through certain areas. The airport serves as a key gateway for tourism, business and military-related travel in the region.
Nationwide, TSA operations face challenges during the shutdown, with some airports reporting more severe delays. San Diego officials have emphasized appreciation for TSA and FAA staff working to maintain safety and reliability.
Travelers with disabilities, families or those needing assistance should contact their airline or the airport in advance for support services that can expedite parts of the process.
### Outlook and Recommendations
Wait times are expected to remain unpredictable in the near term until staffing stabilizes. The airport continues to monitor conditions and may adjust advisories as needed.
Frequent flyers and those with tight connections should build in extra buffer time. For international departures, arriving 3 hours early is often prudent.
Experts advise checking multiple sources for the latest information, including the official SAN website, MyTSA app and third-party trackers like AirlineAirport.com. Conditions can change rapidly based on flight schedules, weather or sudden staffing shifts.
While recent improvements provide some relief after Monday’s disruptions, caution remains the best approach. San Diego travelers who plan ahead and use available expedited options are more likely to navigate security smoothly and enjoy a stress-free start to their journey.
*Information reflects reports and data as of March 26, 2026. Wait times fluctuate; always verify current conditions via official sources before traveling. This article is for informational purposes only.*
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