Good Morning! On this day in 1957, owner Walter O’Malley announced the Dodgers would move from Brooklyn to Los Angeles. He also persuaded the New York Giants to relocate, with the Giants settling in San Francisco.
Have you listened to The Flyover Podcast yet? If you haven’t—you are really missing out. We have broken into the Top 100 news podcast in our first few days—and are knocking on the door of the Top 50! Be sure to tune in today and meet our weekend host, Amy Hess! Amy will be bringing you the day’s top headlines every Saturday and Sunday. Listen HERE. Watch HERE.
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Markets Rebound Strongly
The U.S. economy added 177,000 jobs in April, beating expectations, while the unemployment rate remained at 4.2% amid uncertainty over Trump administration trade policies.
The stock market rose on the upbeat jobs report, with the S&P 500 jumping 1.47% and recovering all losses since April 2. The Dow also rose 564.47 points, and the Nasdaq gained 1.51%.
President Trump praised the strong economic news on social media, calling it part of his economic plan’s transition stage and urging the Federal Reserve to lower interest rates.
Another piece of positive economic news arrived Friday as China’s Commerce Ministry said officials were reviewing a U.S. offer to hold tariff talks.
Crash Near Yellowstone Kills Seven
Authorities confirmed seven people were killed in a fiery crash between a tour van and a pickup truck Thursday night on an eastern Idaho highway near Yellowstone National Park.
It remains unclear how a Mercedes van carrying 14 tour group members collided with a Dodge Ram pickup, killing six van passengers and the truck driver. The eight surviving passengers were transported to nearby hospitals.
The crash is under investigation and officials are withholding further details until families are notified.
List: Safest Cars for Teens
A new list of the safest cars for teen drivers names over 140 recommended models across three price points: under $10,000, under $20,000, and new vehicles.
Researchers analyzed crash, braking, handling, and reliability data to rank the best small cars, midsize cars, large cars, small and midsize SUVs, and minivans. Minicars, sports cars, large SUVs, pickups and EVs were not considered.
Volvo, Mazda, and Subaru models appear frequently in the under $10,000 category, while cars by Honda, Toyota, and Ford can be found on the under $20,000 list.
➤The White House released an early version of its budget proposal Friday morning, proposing a $163 billion cut in spending levels while calling for a 13% increase in defense spending. (More)
➤President Trump signed an executive order late Thursday ending federal funding for NPR and PBS, citing what he called biased and partisan coverage. (More)
➤Vice President JD Vance confirmed Thursday that the Trump administration is committed to Ukraine-Russia peace talks but acknowledged that the fighting likely won’t end soon. (More)
➤The Trump administration announced Friday it will revoke Harvard’s tax-exempt status, following last month’s freeze of more than $2 billion in grants and contracts. (More)
➤Cameron County, Texas, residents will vote today on whether Elon Musk’s SpaceX can officially transform a coastal stretch, about 1½ square miles, into a city named Starbase. (More)
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Sometimes we’d have to go to several stores or even shopping malls for what we needed.
➤ Journalism, winner of three straight graded-stakes races, is the 3-1 morning-line favorite in today’s 19-horse Kentucky Derby field. (See Odds)
➤ The Denver Nuggets face off against the LA Clippers tonight in a do-or-die game 7 matchup. The winner will advance to play the OKC Thunder in round two of the NBA playoffs. (More)
➤ The New York Rangershired 2-time Stanley Cup winner Mike Sullivan as their new head coach on Friday. Sullivan was fired by the Pittsburgh Penguins less than a week ago. (More)
➤ Longtime San Antonio Spurshead coach Gregg Popovich is transitioning to become team president after a series of health scares last year. (More)
➤ The weight loss breakthrough your doctor doesn’t want seniors to know about. Think managing your weight and blood sugar has to get harder with each passing year? Think again. A powerful natural compound is showing such promising results for adults over 50 that researchers are calling it a “metabolic game-changer.” The science behind it is revolutionary. (Learn more)
Daily Market Report 05/02/2025
▲
NASDAQ National Association of Securities Dealers Automated Quotations
17,977.73
1.51%
▲
SPX S&P 500
5,686.67
1.47%
▲
DJI Dow Jones Industrial Average
41,317.43
1.39%
▲
BTC Bitcoin
$96,689.94
0.20%
▲
GOLD Per Ounce
$3,247.40
1.17%
Bitcoin and gold are traded 24 hours a day.
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➤ Pakistan claims it has “credible intelligence” that India may launch military action within 36 hours, as tensions rise over a deadly April 22 attack in Kashmir that killed 26 Hindu tourists. (More)
➤ Reform UK claimed key wins in parliamentary, mayoral, and local elections Friday, with leader Nigel Farage declaring the two-party system “dead” and his party the new opposition to Labour. (More)
➤ A 7.4 magnitude quake struck off southern Chile and Argentina Friday, prompting a tsunami warning and coastal evacuation alert for the Strait of Magellan. (More)
➤ Vatican firefighters installed the Sistine Chapel chimney Friday ahead of the May 7 conclave to elect Pope Francis’s successor—white smoke signals a new pope; black means no decision. (See Installation)
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➤ Harvard Study: These 3 Foods Could Fight Memory Loss, Says Boston MD
Worried about memory loss? Harvard researchers reveal that memory loss may be linked to diet rather than age. Dr. George Karanastasis identifies three foods that boost memory and cognitive function, leading to dramatic improvements for thousands of seniors without drastic lifestyle changes.
➤ Eleven New York high school students surrendered to authorities this week, allegedly involved in a violent boys’ lacrosse team hazing incident featuring a staged kidnapping with weapons. (More)
➤ A Southwest Airlines flight from El Paso to Houston was aborted Wednesday morning after a passenger’s cellphone battery caught fire during taxiing. (More)
➤ A 69-year-old Florida man dove into a gator-filled lake to save a struggling bald eagle, risking his own safety in a daring 100-yard swim. (See Photos)
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Markets Rebound Strongly
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