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• U.S. housing starts rebounded last month
  The numbers: Construction of new U.S. homes rebounded...
  The numbers: Construction of new U.S. homes rebounded 10.7% in February to an annual pace of 1.52 million units, the Commerce Department said Tuesday. That is the biggest gain in nine months. Despite the increase, starts are still below December’s level.
  
  Economists on Wall Street were expecting a 7.4% rise in housing starts in February to 1.43 million. All numbers are seasonally adjusted.
  

  
  
  The number of housing starts in January was revised slightly higher, to a drop of 12.3% to 1.37 million, from an initial reading of a 14.8%  drop to 1.33 million. It is still the biggest drop since May 2022.
  
  
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• ConocoPhillips CEO says Biden administration needs to lift LNG export freeze
  The top man at ConocoPhillips, Ryan Lance, has joined the list of those...
  The top man at ConocoPhillips, Ryan Lance, has joined the list of those urging the Biden administration to lift its freeze on LNG export licenses. In an interview with Bloomberg TV this week, Lance said the pause should end after the November presidential election.
  
  “Customers are getting uncertain about where the future stands and gas producers are saying, ‘Am I going to have an outlet for my gas?’
  
  Bloomberg reported that Lance contends the administration’s pause is only feeding the next cycle that will result in higher gas prices.
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• ☕️What Else is Brewing Tuesday Morning
  Good morning and happy first day of spring! One step...
  Good morning and happy first day of spring! One step closer to Walgreens running out of Claritin, neighborhood dads judging each other’s lawns, and the Mets being mathematically eliminated from the playoffs.
  
  A report backed by the UN said famine is “imminent” in Northern Gaza as the Israel–Hamas war continues.
  
  The EPA has banned the last form of asbestos that was legal in the US, more than 30 years after a court overturned its first attempt to ban the cancer-causing substance.
  
  Sports Illustrated’s print edition will live on: A new deal will let Minute Media, which owns The Players’ Tribune and Fansided, publish the struggling magazine for at least 10 years.
  
  Volkswagen employees at a plant in Tennessee have filed a petition for a vote on joining the United Auto Workers union.
  
  The 81-year-old fabric store chain Joann has filed for bankruptcy as customers spend less on crafting.
  
  Dan Schneider, who created Nickelodeon TV hits like iCarly, told Variety he never intentionally sexualized kids’ shows, responding to allegations of misconduct in a new documentary.
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• Closing Oil & Gas Prices
  Benchmark U.S. crude oil for April delivery ...
  Benchmark U.S. crude oil for April delivery rose $1.68 to $82.72 per barrel Monday. Brent crude for May delivery rose $1.55 to $86.89 per barrel.
  
  Wholesale gasoline for April delivery rose 4 cents to $2.76 a gallon. April heating oil rose 6 cents to $2.79 a gallon. April natural gas rose 4 cents to $1.70 per 1,000 cubic feet.
  
  
  
   
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• U.S. stocks end higher as investors weigh AI hopes, await Fed policy meeting
  U.S. stocks finished higher Monday — snapping a three-day losing streak...
  U.S. stocks finished higher Monday — snapping a three-day losing streak for the S&P 500 and Nasdaq Composite — as investors awaited a Federal Reserve meeting this week that’s expected to shed light on the prospect of rate cuts later this year.
  
  The Dow Jones Industrial Average DJIA rose 75.66 points, or 0.2%, to end at 38,790.43.
  
  The S&P 500 SPX gained 32.33 points, or 0.6%, to finish at 5,149.42.
  
  The Nasdaq Composite COMP closed at 16,103.45, up 130.27 points, or 0.8%.
  
  The major indexes traded in tight ranges Monday and ended near session lows.
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