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US Mulls Admitting Palestinian Refugees From Gaza
The Biden administration is considering admitting Palestinian refugees from Gaza into the U.S. CBS reports that senior officials from various agencies are discussing the logistics of permanently resettling Palestinians who have fled to Egypt and have immediate family members who are American citizens.
UNC Protestors Tear Down An American Flag
Pro-Palestinian protestors at University of North Carolina replaced an American flag with a Palestinian one.
Controversial California Forever Project Qualifies For November Ballot
The Group behind California Forever gathers enough signatures to qualify for the golden state’s November ballot. One America’s Jericho Dancel breaks down their proposal.
Democrats Losing Ground Among Minority Voters As Hispanic And Latino Support For Trump Rises
The Democratic Party is losing support among minority voters. In 2020, Biden won about 60% of the Latino vote, but a recent Pew Research poll shows that’s now down to 52%, with 44% of registered Hispanic voters backing Trump.
Economic Roller Coaster: Consumer Confidence Dips
Consumer confidence, that’s how people feel about the economy, which is top-of-mind for voters this election, dropped for the third straight month, hitting 97 in April, down from 103 in March. The Expectations Index assesses people’s short-term 6-month outlook based on factors like income, business conditions, and the job market.
Business Read More
Fed to hold rates steady as inflation dims hopes for policy easing
The Fed is almost certain to hold its benchmark overnight interest rate steady, with investors placing nearly a 100% probability on that outcome.
McDonald’s posts rare profit miss as customers turn picky
McDonald’s missed quarterly profit estimates for the first time in two years as budget-conscious consumers looked past its offers.
Wall St edges up as Tesla and Apple gain; Fed decision awaited
Wall Street’s main indexes crept higher in volatile trading on Monday as shares of Tesla and Apple advanced.
Wall St rises as Big Tech charges higher
Alphabet jumped 10.8% to a record high after the Google-parent announced its first-ever dividend.
Technology Read More
Apple set for big sales decline as investors await AI in iPhones
Apple’s plan to add generative AI to its iPhones and revive sagging sales in the crucial Chinese market will be in focus on Thursday.
Google to pay up to $6 mln to News Corp for new AI content, The Information reports
Google has agreed to pay the owner of the Wall Street Journal between $5 million and $6 million annually to develop new AI-related content and products.
Chipmaker Intel falls as AI competition hurts forecast
The stock has fallen around 30% so far this year as they trail rivals in producing advanced AI chips and components.
Net neutrality rules to be restored in US agency vote
The FCC will vote reinstate landmark net neutrality rules and assume new regulatory oversight of broadband internet.
Entertainment Read More
‘Hell’s Kitchen’ and ‘Stereophonic’ tie for most 2024 Tony nominations
Alicia Keys’ musical “Hell’s Kitchen” and 1970’s rock inspired “Stereophonic” led the nominations for the 2024 Tony awards.
Taylor Swift’s ‘Tortured Poets Department’ dominates US sales and Billboard charts
Swift sold 2.61 million album and streaming units of “The Tortured Poets Department” during its first week of release in the U.S..
Zendaya’s tennis movie, ‘Challengers,’ tests friendship bonds of complex trio
The film focuses on Duncan, a former tennis prodigy who becomes a coach following a career-shattering leg injury.
Sports Read More
NBA roundup: 76ers fend off Knicks in OT, keep season alive
Tyrese Maxey scored 46 points and Kelly Oubre Jr. hit a tiebreaking layup in overtime as the visiting Philadelphia 76ers avoided elimination.
NBA roundup: Jamal Murray, Nuggets KO Lakers
Jamal Murray hit a tiebreaking 14-footer with four seconds left to send the host Denver Nuggets to the Western Conference semifinals.
NBA roundup: Wolves finish off sweep of Suns
Anthony Edwards scored 31 of his 40 points in the second half and the Minnesota Timberwolves completed a four-game sweep of the host Phoenix Suns.