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Tuesday, May 13, 2025
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Good Morning! On this day in 1973, Bobby Riggs defeated Margaret Court in a widely publicized tennis match in Ramona, California—an event later dubbed the Mother’s Day Massacre. It set the stage for the more famous Battle of the Sexes later that year, when Billie Jean King triumphed over Riggs. Watch a video here.
Summer vacation season is just around the corner, and the daydreaming has officially begun. From coastal charm to mountain magic, these American small towns are calling. Let us know if you have any special travel plans for the summer by replying to this email.
If you’re looking for real results in reaching your weight loss goals, you’ll want to learn more about today’s sponsor, Bucked Up.
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Don’t feel like reading The Flyover? Tune in to The Flyover Podcast! New episodes drop daily—watch on YouTube or listen on Spotify and Apple Podcasts, all in under 15 minutes.
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Trump Orders Cuts in Drug Prices
President Trump signed a sweeping executive order Monday, reviving the “most favored nation” policy, directing drugmakers to match U.S. prices to those paid in lower-cost countries.
The order applies to Medicare, Medicaid, and the private market. Price targets must be set within 30 days, and enforcement action will follow if companies fail to show “significant progress” within six months.
Trump claimed prices could drop by up to 90%, but critics warn the order lacks specifics and could face legal challenges.
Still, groups like the American Association of Retired Persons backed the move, saying high prices force too many seniors to skip life-saving medications.
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US and China Hit Pause on Tariff War
The U.S. and China agreed to a 90-day suspension of recent retaliatory tariffs, scaling back duties imposed since April and reviving stalled trade talks.
The U.S. cut tariffs on Chinese goods from 145% to 30%, while China lowered its own from 125% to 10%.
Treasury Secretary Scott Bessent said the agreement aims to reduce U.S. reliance on China for critical goods—a weakness laid bare during the pandemic, when shortages exposed just how dependent America had become on foreign suppliers for essentials like medical equipment, semiconductors, and pharmaceuticals.
The announcement sent markets soaring: the Dow jumped 1,160 points, the S&P 500 climbed 3.2%, and the Nasdaq surged 4.3%—Wall Street’s biggest boost in months.
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Flying Car Prototype Makes Debut
The world’s first mass-produced flying car prototype, dubbed the AirCar, was unveiled last week by Slovakian company Klein Vision.
Developed by inventor Stefan Klein over 20 years, the gasoline-powered vehicle can switch from car to aircraft in under two minutes and has already logged 170 hours of flight time. Watch a video here.
At a gala in Beverly Hills, movie stars Morgan Freeman and John Travolta presented Klein with a Special Recognition Award for Engineering Excellence.
The craft tops out at 155 mph with a 621-mile range, and early units—priced near $1 million—are expected to ship in early 2026. Klein says the goal is simple: “bring the freedom of flight into the hands of everyday people.”
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➤ Federal investigators are reviewing bringing charges against three New Jersey congressional Democrats accused of assaulting ICE officers during a confrontation outside a Newark detention center. The clash also led to the arrest of Mayor Ras Baraka, who was charged with trespassing and released without bond. (See Video)
➤ Transportation Secretary Sean Duffy announced plans to raise the retirement age for air traffic controllers from 56 to 61 to help address a nationwide shortage of 3,000 workers. (See Details)
➤ The first group of 59 white South Africans, mainly Afrikaners, arrived in the United States on Sunday under a refugee program launched by President Trump. (See Details)
➤ California Gov. Gavin Newsom is urging the state’s local governments to adopt a model ordinance banning homeless encampments, escalating a push to move people off the streets and into shelters. (See Details)
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➤ The NFL season will kick off on Thursday, Sept. 4, with an in-division matchup between the Dallas Cowboys and Super Bowl champion Philadelphia Eagles. (More)
➤ Mary Jung threw out the opening pitch for a Mother’s Day matchup between the Texas Rangers and Detroit Tigers on Sunday. She’s the mother of Josh and Jace Jung, who play on the Rangers and Tigers, respectively. (See Video)
➤ The NCAA DI softball tournament bracket is officially set, with Texas A&M holding the No. 1 overall seed. (See Bracket)
➤ The Dallas Mavericks leaped up to the No. 1 overall pick in the NBA Draft lottery last night. They had a 1.8% chance of winning the lottery. (More)
➤ Yesterday’s results: MLB | NBA | NHL | Soccer
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Daily Market Report 05/12/2025
▲ |
NASDAQ National Association of Securities Dealers Automated Quotations |
18,708.34 |
4.35%
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SPX S&P 500 |
5,844.19 |
3.26%
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DJI Dow Jones Industrial Average |
42,410.10 |
2.81%
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BTC Bitcoin |
$101,830.81 |
-2.19%
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GOLD Per Ounce |
$3,240.60 |
-2.84%
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SATS EchoStar Corp. |
$20.18 |
-16.58%
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Bitcoin and gold are traded 24 hours a day.
➤ Big Stock Move: EchoStar stock dropped nearly 17% on Monday following reports that the FCC was investigating the buildout of the company’s national 5G network. (More)
➤ Fox plans to launch its streaming service, called Fox One, before the start of the NFL season. The service will include all of Fox’s content across news, sports, and entertainment. (See Details)
➤ Anheuser-Busch said it plans to invest $300 million in its facilities across the U.S. to boost manufacturing careers and veteran employment. (More)
➤ Georgia became the second state in the U.S. to shield pesticide manufacturers from lawsuits claiming that weed killers like Roundup cause cancer. (More)
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➤ Goldman Sachs says this phenomenon is creating 1,600 new millionaires daily—yet it’s flying under the radar. The analyst who foresaw Amazon and Qualcomm’s rise is now revealing his next big prediction, claiming this opportunity could surpass anything investors have seen before. (See It Here)
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➤ NASA’s James Webb Telescope captured striking new images of Jupiter’s auroras—like our northern lights, but on a far grander scale—triggered by high-energy particles hitting gas atoms near its magnetic poles. (See Auroras)
➤ Scientists are testing Mars life-detection tools in Scotland’s ancient Torridon landscape, where Earth’s oldest rocks closely mirror those on the Red Planet. (See Details)
➤ Walgreens is expanding its network of robot-run prescription centers to automate half its prescription volume by 2025, aiming to serve 5,000 stores within a year. The high-tech hubs can fill up to 100,000 prescriptions a day—eight times faster than humans. (See Robots)
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➤ Muscle Cramps? Your body might be missing this crucial mineral. Those unexplained muscle cramps keeping you up at night? That afternoon fatigue that hits no matter how much you sleep? While most doctors check for vitamin D or iron deficiency, they often miss a crucial mineral that could be behind these mysterious symptoms. (Learn More)
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➤ AAA projected on Monday that more than 45 million people will travel at least 50 miles from home over Memorial Day weekend, breaking a 20-year-old record. (More)
➤ Oliver Widger, 29, has gone viral for documenting his solo sailing trip from Oregon to Hawaii on social media. Accompanied only by his rescue cat Phoenix, Widger had no open-ocean experience before setting out on the 2,400-mile voyage. (See Video)
➤ Travel + Leisure has named the 10 best small towns in the U.S. for a summer getaway. Leading the list are the mountain towns of Jackson, Wyoming, and Crested Butte, Colorado, followed by destinations in Maine, Maryland, and Louisiana. (See List)
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➤ For the sixth year running, Liam and Olivia top the list of most popular baby names in the U.S., according to 2024 data from the Social Security Administration. (See Names)
➤ Ten drivable replicas of the Batmobile Tumbler from The Dark Knight trilogy are now on sale for $2.99 million each, officially sanctioned by Warner Bros. (See Replicas)
➤ Kim Kardashian takes the stand today at a highly publicized trial in Paris to testify against men accused of tying her up at gunpoint and robbing her of $6 million of jewelry she had displayed on social media. (More)
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➤ These Weight-Gaining Cereal Chemicals Are Now Banned. Just days ago, the U.S. Department of Health made a landmark decision: The FDA is now set to phase out some of the most unhealthy artificial dyes and preservatives that have been hiding inside everyday foods like cereal… for over 50 years. If you’ve ever struggled with low energy, poor digestion, or weight gain that won’t budge… These unhealthy additives could be to blame. Click here to get all the details
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Would you name your child one of the top names of 2024—Olivia or Liam?
- Absolutely!
- Maybe
- Nah, too popular
- I already did! 👶
Yesterday’s Results:
Can you survive 55 days lost at sea?
- No clue, but great story: 42%
- Maybe, with supplies: 27%
- I’d lose it by day 3: 25%
- Yes, I’d crush it: 6%
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Daily Quote
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“The AirCar has landed. Very rarely am I lost for words, but I am lost for words!”
— James May, former host of Top Gear, on witnessing the flying car prototype in action.
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Today’s Trivia
Who invented the Guinness Book of World Records and why?
Show me the answer
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