For: May 15, 2026

>>Ahead Of The Bell 

(New York, NY)  --  The opening bell rings this morning on Wall Street after the Dow Jones Industrial Average closed above 50-thousand to end the day on Wall Street.  The S&P 500 and Nasdaq also closed at record highs Thursday.  At the closing bell, the Dow Jones Industrial Average climbed 370 points to 50-063.  The S&P 500 gained 56 points to 75-01.  The Nasdaq rose 232 points to 26-635.

>>Trump Says China To Buy 200 Jets From Boeing 

(Beijing)  --  President Trump says Chinese President Xi Jinping [[ she jeen-peeng ]] told him China is ready to buy 200 passenger jets from Boeing.  Trump summarized their high-stakes meeting in Beijing this week as very good.  Boeing shares dropped more than four-percent after Trump made the announcement Thursday in an interview with Fox News.  

>>Retail Sales Up A Half-Percent

(Washington, DC)  --  The new retail sales report out this week from the Commerce Department shows overall sales up a half-percent in April.  Sales are down at furniture stores, car dealerships, department stores, and clothing stores.  Sales are up at gas stations, sporting goods and hobby stores, and electronics and appliance Stores.  

>>Musk v. Altman Deliberations Begin Monday

(Oakland, CA)  --  The jury in the Elon Musk versus Sam Altman trial heard closing arguments in an Oakland, California courtroom Thursday.  Musk is suing OpenAI, a company he co-founded, along with its CEO Sam Altman and company president Greg Brockman.  He's arguing that Altman reneged on a promise to keep OpenAI an non-profit and that 38-million dollars he donated was misused for commercial purposes.  Altman claims he made no such promise.  The jury begins deliberations Monday but their verdict is only advisory, meaning the judge has final say on liability.  

>>Honda Posts First Annual Loss In Nearly 70 Years

(Tokyo)  --  Honda lost money for the first time in almost 70 years, posting an annual operating loss of more than two-point-six billion dollars.  Money spent on its electric vehicle business, Chinese competition and U.S. tariffs all contributed.  Investors didn't seem to mind, however, as shares jumped seven percent following Thursday's earnings announcement.  

For Thursday, May 14th, 2026

>>Wall Street Closes With Stocks Mixed

(New York, NY)  --  Wall Street closed Wednesday with stocks mixed.  The S&P 500 and Nasdaq both finished at record highs.  It comes as traders are still digesting the producer price index released today by the Labor Department, which showed wholesale prices surged one-point-four percent in April.  Elsewhere, shares of Nvidia and Micron Technology both rose.  At the closing bell, the Dow Jones Industrial Average lost 67 points to 49-693.  The S&P 500 gained 43 points to 74-44.  The Nasdaq rose 314 points to 26-402.

>>Wholesale Prices Up

(Washington, DC)  --  Wholesale prices surged one-point-four percent in April, the biggest monthly increase since March 2022.  The producer price index released yesterday by the Labor Department showed the cost of making goods went up well beyond the half-a-percent analysts were expecting.  Year-over-year, the index is up six percent, the biggest annual jump since December 2022.

>>China Renews U.S. Beef Export Licenses

(Beijing)  --  Major U.S. beef producers can start exporting beef to China again.  On Thursday, China renewed export licenses for hundreds of U.S. beef processing plants.  Reuters says over 400 U.S. beef plants lost export eligibility after Chinese permissions expired last March.  The news comes as President Trump and a U.S. delegation is in China to discuss trade and other issues.  

>>Senate Confirms Warsh As Next Fed Chair

(Washington, DC)  --  The Senate is confirming Kevin Warsh as the next chair of the Federal Reserve.  Wednesday's vote was 54-45, with every Republican voting in favor.  Senator John Fetterman of Pennsylvania was the only Democrat to vote for Warsh.  In terms of Senate history, it was the most partisan vote for a Fed chair nominee.  Current Fed Chair Jerome Powell's term expires Friday.  Powell's term was marked with constant battles with President Trump over cutting interest rates, and included a DOJ criminal investigation into Powell's renovations at the Reserve building that was later dropped.  Warsh has expressed caution about cutting interest rates this year despite pressure from Trump to lower borrowing costs. 

>>Americans Oppose Local AI Data Centers

(Undated)  --  A majority of Americans say they oppose the construction of data centers in their local area.  New polling from Gallup shows seven in ten Americans oppose the projects, and 48 percent of respondents said they are strongly opposed.  These data centers house computing equipment that helps power AI technology used by businesses, universities and other institutions, but they have met fierce opposition from residents in many parts of the country.  The centers require extensive amounts of electricity to operate and need substantial water to cool the equipment, which has raised concerns about the environmental impact and local electric bills.  

>>Cisco To Cut 4K Jobs

(San Jose, CA)  --  Cisco is cutting about four-thousand jobs.  The software giant said Wednesday the cuts are part of a restructuring as the company shifts its focus toward artificial intelligence.  Shares in Cisco rose more than 16-percent after the news.  CEO Chuck Robbins said on the Cisco website that companies who "win in the AI era" will be those who "continuously shift ?investment toward the areas where demand and long-term value creation are strongest." 

For: May 13, 2026

>>Ahead Of The Bell

(New York, NY) -- The opening bell rings this morning after stocks closed mixed on a day that saw inflation numbers come in at a three-year high. The S&P 500 and Nasdaq pulled back from record levels as the rally in tech stocks cooled. Investors reacted to a hotter-than-expected consumer price index reading that put the annual inflation rate at three-point-eight percent in April. At the closing bell, the Dow Jones Industrial Average rose 56 points to 49-760. The S&P 500 lost 11 points to 74-00. The Nasdaq fell 185 points to 26-088. Investors today will be keep an eye out for the producer price index, which is also used as a gauge of inflation.

>>Nvidia CEO Joins Trump China Trip

(Anchorage, AK) -- Nvidia CEO Jensen Huang is joining President Trump on his trade trip to China. The head of the chip company reportedly jumped on Air Force One Tuesday night during a refueling stop in Alaska. Other executives invited to the summit include Tesla CEO Elon Musk, Apple CEO Tim Cook and Qualcomm CEO Cristiano Amon. CNBC says Huang joined Trump's delegation after the President saw media reports claiming the CEO had been excluded. Trump responded on Truth Social, and called it "fake news."

>>eBay Rejects GameStop Proposal

(San Jose, CA) -- EBay is rejecting GameStop's takeover bid. The auction site called GameStop CEO Ryan Cohen's unsolicited 56-billion dollar proposal "neither credible nor attractive." Among the concerns eBay cited included the uncertainty regarding the video game retailer's financing proposal. GameStop had said it had a 20-billion-dollar financing commitment along with nine-billion dollars in cash, leaving a big funding gap. Cohen previously told CNBC he was ready to take his offer directly to shareholders if eBay rejected the proposal.

>>Altman Says He Never Promised To Keep OpenAI Non-Profit

(Oakland, CA) -- OpenAI CEO Sam Altman says he never promised co-founder Elon Musk that he would keep the artificial intelligence company a non-profit. A federal trial has been ongoing in Oakland, California after Musk sued Altman, arguing that the company was supposed to remain a non-profit. Musk said earlier in the trial that changing the company's structure was tantamount to stealing a charity and that 38-million dollars he donated to OpenAI was misused for commercial purposes. Altman was on the stand Tuesday and testified he made no commitments to Musk, who left the company's board in 2018.

>>Halo Top To Offer Spoon That Puts Phone On Silent

(Manhattan Beach, CA) -- An ice cream company is offering a new product aimed to help consumers put their phones down. Halo Top is set to release a "Silent Mode Spoon." It's designed to put your mobile device on the "do not disturb" setting by using an NFC connection. That's used for things like contactness payment or sharing data. The company's website says the spoons will be available on Friday for limited time and will go for around five bucks. 

For: May 12, 2026

>>Ahead Of The Bell    (New York, NY)  --  The opening bell rings this morning after stocks closed higher on Monday to kick off the trading week.  Both the S&P 500 and the Nasdaq finished at new records as tech shares led by Micron and Nvidia helped boost the market.  Stocks edged higher despite a rise in oil prices after President Trump said the Iran ceasefire deal is on life-support.  At the closing bell, the Dow Jones Industrial Average gained 95 points to 49-704.  The S&P 500 added 13 points to 74-12.  The Nasdaq rose 27 points to 26-274.

>>Existing-Home Sales Remain Flat In April

(Washington, DC)  --  Sales of previously owned homes remained flat in April.  The National Association of Realtors says existing home sales rose just two-tenths percent month over month.  The group's chief economist said home sales received a modest boost from improvement in affordability, but the gain was far less than expected.  The median price of a home sold in April was 417-thousand-700 dollars.  That's up nearly one percent from last year and it's the highest April price on record.

>>Byron Allen To Buy Majority Stake In BuzzFeed

(New York, NY)  --  Media entrepreneur Byron Allen has a plan to buy a majority stake in BuzzFeed.  The deal, announced Monday, would keep the struggling digital publisher afloat while making Allen CEO.  Founder and CEO Jonah Peretti will become the president of BuzzFeed AI.  The company's stock has been trading at under a dollar and was warned it risks being delisted from the Nasdaq.  Allen's deal would see his Allen Family Digital buy 40 million shares at three dollars each for a total of 120-million dollars.  The deal is expected to close by the end of the month.

>>General Motors Cutting Several Hundred Jobs   (Detroit, MI)  --  General Motors is cutting several hundred jobs.  The company says up to 600 information technology employees will be laid off.  GM says the jobs are no longer needed as it moves towards a more AI-friendly workforce.

>>Young Americans Much Less Optimistic About Job Market

(Washington, DC)  --  Young people in the U.S. feel much less positive about the job market than older people, and it's the largest gap of any country in the world.  A new Gallup World Poll finds 43 percent of Americans 15 to 34 think it's a good time to find a job, compared to 64 percent of those 55 and older.  The only other places where a similar pattern exists are China, Hong Kong, Serbia, the United Arab Emirates and Norway.  There are other countries where young people are less optimistic, but older adults in those places share a similar outlook.  

>>Port Of Los Angeles Announces Strong April Cargo Numbers

(Los Angeles, CA)  --  The Port of Los Angeles is announcing strong cargo numbers for the month of April.  The second quarter of the year was the best month so far in 2026 and the best overall month since last August.  The port handled 891-thousand container units, up more than five-and-a-half percent from a year ago and 18 percent from March.  It's the port's second-best April on record.  Port of Los Angeles Executive Director Gene Soroka says, despite economic pressures and global uncertainty, the American consumer is still spending.  About 460-thousand of the total container units processed last month were imports.    

For: May 11, 2026 

>>Watching Wall Street    (New York, NY)  --  The opening bell rings this morning after stocks closed higher on Friday with all three major indexes posting weekly gains.  Both the S&P 500 and the Nasdaq hit new records as tech stocks rallied in the last trading session of the week.  At the closing bell, the Dow Jones Industrial Average gained 12 points to 49-609.  The S&P 500 rose 61 points to 73-98.  The Nasdaq jumped 440 points to 26-247.

>>Noteworthy Economic Reports

(Undated)  --  Coming up in the business week ahead, the spotlight falls on the consumer price index on Tuesday as the key inflation gauge is closely watched by the Federal Reserve, which sets interest rates.  Also closely watched by the Fed is the producer price index which follows on Wednesday.  The last major reports of the week come Thursday with retail sales data and weekly jobless claims.

>>Energy Sec On Suspending Federal Gas Tax

(Undated)  --  Energy Secretary Chris Wright says President Trump is open to all ideas to help lower gas prices.  When asked if that could include suspending the federal gas tax, Wright told NBC's "Meet the Press" the administration supports "all measures that can be taken to lower the price at the pump and lower the prices for Americans."  His comments come as drivers across the country are seeing steep prices at the pump.  Triple-A reports the national average for a gallon of regular gas sits at four-dollars and 52-cents.  Drivers in California are still paying the most in the nation at over six-dollars a gallon on average. 

>>Most Consumers Making Impulse Buys

(Undated)  --  Despite inflation and rising costs, four out of five consumers said they've made an impulse buy in 2026.  A new survey from marketing agency PartnerCentric found that more than half of shoppers say their budget is tighter this year.  Gen Z and Millennial consumers are the most likely to have made an impulse buy, with food being the top category.  Clothes came in a close second followed by electronics.  The head of PartnerCentric credits the desire for a small reward when things get expensive and stressful.

>>Fast Food Chains Emphasize Value Amid Soaring Gasoline Prices

(Undated)  --  Fast food chains are leaning more heavily into their value menus to try to lure customers squeezed by soaring gasoline prices.  Restaurant Business editor-in-chief Jonathan Maze says those companies are also paying close attention to what's going viral on social media as they try to entice consumers to spend their limited dollars with them.  He says "value is a very big deal right now" with folks feeling the pressure of inflation.  According to Maze, roughly three in four fast food visits are based on some form of deal.  It comes as gas prices are up about a dollar-40 a gallon from a year ago, with Triple A putting the new nationwide average at over four-50 a gallon.  McDonald's, Burger King and Taco Bell are reporting strong sales to start the year.  But other chains, including Papa John's and Shake Shack, have not done as well.

>>Nike Class Action Tariff Refund Lawsuit 

(Undated)  --  Nike is facing a new class action lawsuit accusing the company of failing to refund tariff-related costs.  In the proposed lawsuit, consumers claim Nike should not be allowed to keep "significant" refunds it may receive.  This comes after the U.S. Supreme Court ruled that the president lacked authority under the International Emergency Economic Powers Act to impose certain tariffs.  Nike has said it paid roughly one billion dollars in tariffs on imported goods as a result of those actions.  Plaintiffs allege the company hiked prices on some footwear and apparel by up to ten dollars. 

For: May 8, 2026 

>>Trading Week Winding Down  

(New York, NY)  --  The opening bell rings this morning after stocks closed lower on Wall Street yesterday as traders continue to keep an eye on the latest developments between the U.S. and Iran.  At the closing bell, the Dow Jones Industrial Average lost 313 points to 49-596.  The S&P 500 fell 28 points to 73-37.  The Nasdaq dropped 32 points to 25-806.

>>A Better-Than-Expected 115,000 New Jobs Created In April

(Washington, DC)  --  The monthly jobs report is out and it has beat expectations.  Most analysts were predicting around 55 to 60-thousand new jobs created in April, versus the 178-thousand the month prior.  Instead, the Bureau of Labor Statistics says non-farm payrolls jumped by 115-thousand last month.  As expected, the unemployment rate was unchanged at four-point-three percent.
 

>>SpaceX To Provide Computing Capacity To Anthropic

(Undated)  --  Anthropic is announcing a new deal with Elon Musk's SpaceX.  As part of the agreement, Anthropic will get access to more than 300 megawatts of computing capacity at the company's Colossus One data center in Memphis, Tennessee.  The deal comes despite Musk being a vocal critic of Anthropic, and the company "expressed interest" in working with SpaceX to develop multiple gigawatts of computing capacity in space.  Anthropic said the deal will directly improve capacity for its paid Claude Pro and Claude Max subscribers. 

>>Microsoft Offering Employee Buyouts

(Redmond, WA)  --  Microsoft is offering a buyout to nearly nine-thousand employees.  It's the first time ever the company is offering a voluntary retirement program as it looks to spend more on artificial intelligence.  Eligible employees would get a cash payment, continued healthcare coverage and vested stock awards.  They have until June 8th to make a decision. 

>>New Mexico V. Meta Continues

(Albuquerque, NM)  --  New Mexico's trial against Meta continues.  The state wants the tech company and social media giant to put more robust child safety measures in place.  The state also wants the company to pay three-point-seven billion dollars.  Meta is threatening to cut access to its social media platforms in New Mexico, including Facebook, Instagram and WhatsApp.  Testimony earlier this week revealed a number of cases in which children expressed suicidal thoughts in chat logs and Meta did nothing to escalate reports of the issue.   

>>New Program To Earn Degrees By Phone

(Grand Rapids, MI) --  A new program will allow students to earn accredited bachelor's and master's degrees entirely on their smartphones. Cornerstone University launched the SOAR program last August and it features mini-lectures, podcasts, book reviews, and interviews with lessons broken into easily digestible pieces. According to the University's website, courses are developed by faculty with real-world experience and focus on leadership, teamwork, and ethical decision-making. The subscription-based tuition is two-thousand-400 dollars per four-month term for bachelor's degrees and three-thousand-750 dollars for master's. Cornerstone University leadership sees the first of its kind program as a way to address gaps in traditional higher education and the program is expected to add new disciplines and advanced degrees soon. 

For: May 7, 2026

>>Ahead Of The Bell

(New York, NY) -- The opening bell rings this morning on Wall after stocks closed sharply higher yesterday, the S&P 500 and Nasdaq both reaching record highs. At the closing bell, the Dow Jones Industrial Average gained 612 points to 49-910. The S&P 500 climbed 105 points to 73-65. The tech-heavy Nasdaq rose 512 points to 25-838.

>>Shell Exceeds Profit Expectations

(London) -- Shell is reporting higher-than-expected first quarter profits, largely thanks to the Iran war that's sent prices up 40 percent. The oil company posted earnings of just over six-point-nine billion dollars. That's well above the six-point-one billion analysts had predicted.

>>Many Due COVID Refunds As Deadline Approaches

(Undated) -- The National Taxpayer Advocate says tens of millions of Americans have not received a refund from the IRS for income lost during the COVID-19 pandemic. It stems from a court ruling that says it should be treated the same way it would in the event of a natural disaster. The deadline to submit a claim for a refund is July 10th.

>>Americans To Spend $38B On Mother's Day

(Undated) -- Americans are expected to spend a record 38-billion-dollars this Mother's Day. The National Retail Federation says that's 284-dollars a person and it will beat the previous record set in 2023. Mother's Day spending tends to weather times of economic uncertainty, according to the report, because people want to make sure mom knows she's appreciated.

>>PlayStation Users Could See Settlement

(San Mateo, CA) -- Sony is agreeing to pay almost eight-million dollars to users as part of a settlement for a class-action lawsuit involving purchases of digital games through the PlayStation store. Three years ago, Sony was accused of monopolizing the market and driving up prices for certain games in its store, with the plaintiffs saying Sony violated anti-trust laws. According to the settlement filing, those eligible for a refund had to buy certain titles from April 2019 to December 2023. The eight eligible games include "The Last Of Us," "Call of Duty: Classic" and "Assassin's Creed Chronicles: China." A fairness hearing is set for October to decide whether to approve the settlement.

>>Ford Offering Employee Pricing To Everyone For America's 250th Anniversary

(Dearborn, MI) -- The public will get to enjoy employee pricing on most new Ford and Lincoln vehicles. Ford Motor Company announced the promotion is for most 2025 and 2026 model year vehicles in honor of the 250th anniversary of the United States. The employee pricing deal runs through July 6th and officials say the savings are between several hundred and several thousand dollars, depending on the vehicle purchased.

>>New Menu Items Available At McDonald's

(Chicago, IL) -- McDonald's is adding six new drink items to its menu. The fast-food giant is unveiling six beverages this week that include three new Refreshers and three crafted sodas. The move is designed to compete with KFC, Wendy's and Taco Bell, which have increased their beverage options. The Refreshers contain caffeine and include Strawberry Watermelon Refresher, Mango Pineapple Refresher, Blackberry Passion Fruit Refresher. The other beverages are Sprite Berry Blast, Orange Dream and Dirty Dr. Pepper. McDonald's also plans to phase out self-service soda machines in all of their U.S. restaurants. 

For: May 6, 2026

>>Watching Wall Street 

(New York, NY)  --  The opening bell rings this morning after stocks closed higher on Wall Street yesterday with the S&P 500 and tech-heavy Nasdaq both setting new records.  At the closing bell, the Dow Jones Industrial Average gained 356 points to 49-298.  The S&P 500 added 58 points to 72-59.  The Nasdaq rose 258 points to 25-326.

>>Job Openings Rose Slightly In March

(Washington, DC)  --  The number of job openings rose slightly in March.  The Labor Department says six-point-nine million jobs were available which is up about 100-thousand from February   Hiring also increased by more than a half-million during the month with little change in the number of separations   According to the JOLTS report, finance and insurance led the increase in available jobs last month.    

>>Americans Anticipate Higher Prices A Year From Now

(Undated)  --  More than half of Americans believe prices will be higher than they currently are in a year from now. A new survey from The Economist/YouGov found that 59 percent of respondents said they believe prices are set to be "higher" than they currently are in 12 months while 15 percent said prices are set to be "about the same," 13 percent said they are set to be "lower" and another 13 percent were "not sure." Survey results come after data from the Commerce Department last week found prices increased at a far more rapid rate in March as the U.S. conflict against Iran caused a significant increase in inflation.  

>>Elon Musk To $1.5 Million SEC Lawsuit Settlement

(Washington, DC)  --  Elon Musk is marking the end of his SEC lawsuit with a one-point-five-million-dollar settlement.  The tech billionaire settled the lawsuit which accused him of failing to properly disclose stock he was amassing in Twitter in violation of securities laws.  According to a SEC legal filing, Musk consented to the settlement "without admitting or denying the allegations," and it "permanently restrains and enjoins" Musk's trust from violating the Securities Exchange Act of 1934.  Musk is also facing a class-action civil suit filed in California on behalf of Twitter shareholders.  

>>Future Of Proposed CA Billionaire Tax

(Sacramento, CA)  --  Opponents of California's proposed billionaire tax say they've collected enough signatures to qualify two countermeasures for the November ballot.  They believe the proposed countermeasures would block or at least weaken the controversial tax initiative.  The initiative would impose a one-time, five percent tax on the assets of California residents with more than a billion dollars.  One of the countermeasures is called the Retirement and Personal Savings Act, which bans retroactive taxes and new state taxes on personal assets.  It could effectively cancel out the billionaire tax if both measures passed and the savings measure received more votes.  The other proposed countermeasure is called the Improving Transparency, Effectiveness and Efficiency in California Government, which requires audits of programs funded by new state special taxes.  

>>Artemis 2 Boosts Tourism On Space Coast 

(Cape Canaveral, FL)  --  NASA's Artemis 2 moon mission is credited with boosting tourism for Florida's Space Coast.  The Space Coast Office of Tourism has announced a new record was set last month with over 345-thousand visitors the week of the launch.  That helped generate over 40-million dollars in local spending.  By comparison, over 200-thousand more people visited for Artemis 2 than Artemis 1 about four years ago.  

For: May 5, 2026

>>Ahead Of The Bell 

(New York, NY)  --  The opening bell rings this morning after stocks closed lower and oil prices surged yesterday on fears the Iran conflict will flare up again.  At the closing bell, the Dow Jones Industrial Average lost 557 points to 48-941.  The S&P 500 fell 29 points to 72-00.  The Nasdaq lost 46 points to 25-067.

>>Economic Reports Due 

(Undated)  --  Employers aren't firing many workers lately, but they're not hiring many either.  That's expected to be highlighted in a handful of key reports this week.  They start with today's "JOLTS" or Job openings, Layoffs and Turnovers report.  It's seen as a deeper dive into the Labor Department's job numbers.  We get the latest numbers from payroll processor ADP on Wednesday.  this one measures hiring only at private employers.  Look for weekly jobless claims on Thursday, which experts consider a proxy for layoffs, and then the government report on Friday. 

>>Spirit Airlines Doomed By 'Recent Geopolitical Events'

(Dania Beach, FL)  --  Spirit Airlines says "a massive and sustained increase in fuel prices" forced the carrier to ground its fleet.  Court papers filed Monday show the airline pointed to "recent geopolitical events" as a factor behind the shutdown, but it did not specify the nature of those events.  According to the filings, "it became clear on Thursday that sufficient incremental liquidity would not be found, and that there were no longer any viable paths to a restructuring or continued operations."  Now the budget carrier is requesting the authority to "take necessary steps to wind down its fleet operations."  Spirit ceased operations early Saturday morning.

>>Gas Prices On The Rise 

(Heathrow, FL)  --  Prices at the pump continue to climb.  Today's national average for a gallon of regular is four dollars and 48 cents, according to Triple-A.  A week ago we were at four-17 a gallon.  Drivers in California are still seeing the highest average in the nation at six-dollars-13 cents.  

>>State Supreme Court Rules Against Millionaires Tax Referendum

(Olympia, WA)  --  The Washington State Supreme Court has ruled against a group trying to get voters to decide the millionaires tax.  The tax was approved by the Legislature and the group Let's Go Washington was trying to get it on the ballot.  The court ruled that previous court rulings show tax items are an issue for the Legislature and not voter referendums.  The nine-point-nine percent tax takes effect in 2028.  A lawsuit over the legality of the new tax is also pending.

For: May 4, 2026

>>Watching Wall Street

(New York, NY) -- The opening bell rings this morning after Wall Street closed out the week in mixed territory. At Friday's closing bell, the Dow Jones Industrial Average lost 152 points to 49-499. The S&P 500 rose 21 points to 72-30. The Nasdaq gained 222 points to 25-114.

>>Spirit Airlines Shuts Down After 34 Years Of Operation

(Washington, DC) -- The sudden collapse of Spirit Airlines is impacting thousands of employees and travelers. The discount carrier announced early Saturday it's canceling all flights and going out of business after failing to reach a deal for a government bailout. Spirit said in a statement that passengers who booked flights with credit cards or debit cards will automatically get refunds. American Airlines and Delta are among the major carriers offering reduced fares and other support for Spirit customers impacted by the sudden closure.

>>Trump Announces 25% Tariff On EU Autos

(Washington, DC) -- President Trump is announcing a new tariff on cars and trucks coming from the European Union, bumping it up to 25-percent starting this week. The U.S. had lowered auto tariffs on the EU to 15-percent as part of a new trade deal. But Trump says the EU isn't keeping up their end of the bargain to reciprocally drop tariffs on U.S. automakers. Tariffs on European autos are connected to national security and are exempt from the Supreme Court ruling that struck down a lot of Trump's tariffs.

>>Meta Threatens To Pull Platforms From NM

(Menlo Park, CA) -- Meta is threatening to cut access to its social media platforms in New Mexico. The threat is a response to the state's legal effort to force changes to child safety protocols on its platforms. Meta and the state of New Mexico are expected to proceed to the second stage of their trial this week. A jury recently issued a 375-million-dollar award to the state after finding the company misled consumers about the safety of its platforms and its protections for children against predators. The next phase of the trial will focus on what actions the parent company of Facebook, Instagram and WhatsApp must take to address those issues.

>>National Small Business Week

(Undated) -- This is National Small Business Week. The U.S. Small Business Administration recognizes entrepreneurs as job creators and innovators who drive the nation's economy. Thirty-six million small businesses employ some 45-percent of the nation's workforce. Small Business Week has been celebrated for more than 60 years.

>>GameStop Offers To Buy eBay

(Grapevine, TX) -- GameStop is offering to buy eBay. The video game retailer made the unsolicited offer, suggesting 125-dollars per share for the online marketplace. Shares of eBay surged more than 13 percent in after hours trading following the Sunday offer.

>>Hollywood Actors And Studios Agree To New Deal

(Los Angeles, CA) -- No drama this time around. Hollywood studios and producers have a tentative deal with the actors union, SAG-AFTRA, wrapping up contract talks over the weekend. It's a four year deal instead of the usual three. The Writers Guild has already passed their deal. Three years ago, actors and writers went on the longest strike in Hollywood history, shutting down the industry for months.

>>Ford Recalls Nearly 180K Bronco And Ranger Vehicles

(Washington, DC) -- Ford is recalling over 179-thousand vehicles. The National Highway Traffic Safety Administration says the recall is due to a defect with the front seat frame of late model Broncos and Ford Ranger pickup trucks that could increase a person's risk of injury in a crash. The recall includes 2024 to 2026 Ford Bronco SUVs. The NHTSA report says Ford dealers are instructed to inspect and replace the pivot links and bolts as necessary for free as a temporary fix. 

For Friday, May 1, 2026

>>Stocks Close Higher On Wall Street

(New York, NY) -- Wall Street closed with stocks higher to end the month of April. It comes as the S&P 500 and Nasdaq closed at new highs. The Dow Jones Industrial Average was also up over 800 points in the final hour. Shares of Caterpillar and Alphabet both saw gains as investors reacted to earnings. Meanwhile, shares of Meta and Microsoft both fell. At the closing bell, the Dow Jones Industrial Average cilmbed 790 points to 49-652. The S&P 500 rose 73 points to 72-09. The Nasdaq gained 219 points to 24-892.

>>Apple Revenue Beats Estimates Despite IPhone Slump

(Cupertino, CA) -- Apple's revenue is higher than expected. The tech giant released its quarterly earnings on Thursday and reported 17-percent revenue growth from the previous year, topping estimates. The revenue climb was despite the fact iPhone sales came up short for the second time in three quarters. Apple stock rose three percent after the report.

>>Education Department Finalizes Federal Student Loan Caps

(Washington, DC) -- The Department of Education is announcing new borrowing limits on federal student loans for graduate and professional degrees. Under the finalized regulations, students can borrow up to 20-thousand-500 dollars a year and up to 100-thousand dollars in total for graduate degree programs. Meanwhile, students in professional programs can borrow up to 50-thousand dollars a year and 200-thousand dollars over the course of their studies. Previous loan guidelines had an annual limit of 20-thousand-500 dollars and a lifetime limit of 138-thousand-500 dollars. The new caps apply to all loans issued after July 1st, but students currently under a borrowing plan will be exempted from these new requirements.

>>Fed Chair Nominee Kevin Warsh Clears Senate Committee Vote

(Washington, DC) -- President Trump's pick to be the next Federal Reserve chair is clearing his first Senate hurdle before his final confirmation vote. The Senate banking committee voted to advance Kevin Warsh's nomination Wednesday on a strict party-line vote. Democrats question whether Warsh will maintain his independence from Trump when it comes to setting interest rates. Trump has been critical of current Fed chair Jerome Powell for not cutting rates at a faster clip.

>>May Protests Planned For Friday

(Undated) -- Labor unions and Democrat-backed organizations are planning massive May Day demonstrations today across the U.S. The director of Organized Power in Numbers, Naydee Dominguez, says she expects over three-thousand demonstrations. Dominguez says several cities, including Los Angeles and Chicago, are preparing for city-wide economic blackouts. Chicago Public Schools officials say they're working to hold classes even though the Chicago Teachers Union says it plans to embrace a "no school, no work, no shopping" day of protest.

>>Saudi Investors Pull Out Of LIV Golf

(Riyadh) -- Saudi investors are pulling out of LIV Golf. Saudi Arabia's Public Investment Fund announced on Thursday that its funding for the professional men's golf league will end after the 2026 season. A statement from the sovereign wealth fund said the "substantial investment required by LIV Golf" is "no longer consistent" with its investment strategy. Following the announcement, LIV Golf released a statement saying it was transitioning to a "diversified, multi-partner investment model."

>>In Court, Musk Admits Tesla Isn't Pursuing AG

(Oakland, CA) -- Under oath in federal court, Elon Musk admitted that Tesla is not pursuing artificial general intelligence despite a tweet where he claims the opposite. That's significant because it undermines the legal argument he's making in his lawsuit against OpenAI. Musk helped start OpenAI, and he argues the company went back on its pledge to be a non-profit.