Good Morning! On this day in 1904, the Third Olympiad and first Olympic Games held in the United States opened in St. Louis, Missouri, in conjunction with the World’s Fair—a spectacle so chaotic that one marathon runner stopped to eat apples mid-race, while another was chased off by a pack of wild dogs.
Today’s Wednesday Wisdom section channels our inner Navy SEAL—not to storm buildings, but to conquer chaos with cool-headed clarity. Read more below.
Later today, we will email you on behalf of our partner, StorEn, with an investment opportunity in safer, smarter home energy storage using their first-of-its-kind non-flammable battery technology.
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Trump Secures Major Saudi Deal
President Trump and Saudi Crown Prince Mohammed bin Salman signed a $142 billion arms deal and unveiled a broader $600 billion investment package during Trump’s visit to Riyadh this week.
The agreements include billions in military equipment, judicial and defense coordination, and major U.S.-bound investments in data centers and tech infrastructure.
The decision, a major shift in baseball’s position toward gambling, opens the door for Rose, baseball’s all-time hit leader, and Jackson, caught up the 1919 Black Sox cheating scandal, to be considered for Hall of Fame induction starting in 2028.
Rose was banned in 1989 for betting on baseball while managing the Cincinnati Reds, and Jackson, a popular Chicago White Sox star, was banned in 1921. According to legend, a tearful young boy approached Jackson after he was expelled from baseball and pleaded, “Say it ain’t so, Joe!”
Rose died last September, never seeing his name on a Hall ballot. President Trump had called for his reinstatement earlier this year.
The findings use a 6.65% mortgage rate, 10% down payment, and assume housing costs shouldn’t exceed 30% of a family’s gross income.
Hawaii ranks as the least affordable, requiring a $229,000 income to buy a $797,000 home, 41% more than the state’s median four-person household income.
California, Montana, Idaho, and New York also made the top five. By contrast, states like Ohio, Michigan, and Illinois offer the most breathing room, where typical family incomes outpace what’s needed for homeownership.
Thirty-five states and Washington, D.C., now require six-figure incomes for a family of four to buy a home. See your state on a map here.
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➤ ADemocratic National Committeepanel, citing procedural concerns, has recommended a new vote be taken to elect its vice chairs. Current vice chairs David Hogg and Malcolm Kenyatta could now be ousted. (See Details)
➤ Former President Biden’s aides considered the possibility of putting him in a wheelchair if he was reelected to a second term, according to an upcoming book. (More)
➤ President Trump announced Tuesday in Riyadh that he will lift U.S. sanctions on Syria, following requests from Saudi Arabia and Turkey. (More)
➤ American Bitcoin, a mining venture co-founded by Eric Trump and linked to Donald Trump Jr., will go public this year through a merger with Gryphon Digital Mining. (More)
➤ ESPN announced on Monday that its new streaming service will cost $29.99 per month. The service will include all of the network’s live games, fantasy sports products, and more. (More)
➤ Boston Celtics star Jayson Tatum suffered a torn Achilles on Monday night, ending his 2025 postseason run. His long-term recovery timeline isn’t known yet. (More)
➤ A new AP/NORC poll found that three in every 10 U.S. adults follow women’s sports—a massive leap from years prior. Respondents indicated that Indiana Fever superstar Caitlin Clark played a huge role in growing interest in women’s basketball, specifically. (More)
➤ The San Antonio Spurs received the No. 2 selection in the NBA Draft lottery, which many observers speculate they could trade for Milwaukee Bucks superstar Giannis Antetokounmpo. (More)
➤ Want to start your day happier? Nice News filters through 100+ sources daily to send you the most uplifting and relevant stories. Join over 1,000,000 people who read their 5-minute daily digest and start to wake up a bit happier. (Sign up for FREE here)
Daily Market Report 05/13/2025
▲
NASDAQ National Association of Securities Dealers Automated Quotations
19,010.08
1.61%
▲
SPX S&P 500
5,886.55
0.72%
▼
DJI Dow Jones Industrial Average
42,140.43
-0.64%
▲
BTC Bitcoin
$104,520.95
1.66%
▲
GOLD Per Ounce
$3,253.80
1.05%
▼
UNH UnitedHealth Group Inc.
$311.38
-17.79%
➤ Big Stock Move: UnitedHealth Group stock dropped nearly 18% Tuesday on news that CEO Andrew Witty was stepping down and the company was suspending its 2025 forecast. (More)
➤ The annual inflation rate hit 2.3% in April, less than analysts expected and its lowest level since 2021. (See Details)
➤ U.S. revenue from higher tariffs totaled over $16 billion in April, a record amount. That total was more than double the $7.1 billion collected in April last year, and up 86% from last month. (More)
➤ Big Lots is reopening over 130 stores across 14 states this month under the new ownership of Variety Wholesalers, after having declared bankruptcy last year. (More)
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➤ Living organisms, including humans, may emit an ultraweak visible light that fades upon death, a new study found. (See Details)
➤ NASA’s Hubble Space Telescope has captured an image of candyfloss-like gas clouds sparkling in the Large Magellanic Cloud 160,000 light-years away. (See Photos)
➤ Narrowing your eyes and blinking slowly—the feline version of a smile—makes cats more likely to return the gesture and approach humans, researchers found. (More)
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➤ Citadel CEO Ken Griffin will lend his rare first-edition copies of the U.S. Constitution and Bill of Rights to the National Constitution Center in Philadelphia, just ahead of the country’s 250th anniversary. (See Documents)
➤ Salma Hayek, 58, graced her first Sports Illustrated Swimsuit cover in a striking green swimsuit, celebrating her heritage and self-confidence in a photo shoot set in her native Mexico. (See Photo)
➤ The Cannes Film Festival has announced a red-carpet ban on “nudity” and “voluminous” outfits, citing “decency” and logistical concerns. (More)
➤ A photographer captured dogs in slow-motion superhero-like moments, soaring through the air to snag frisbees and leap over logs with athletic grace. (See Photos)
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Trump Secures Major Saudi Deal
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