Tuesday, May 6, 2025

Politics

➤ President Trump ordered the reopening and expansion of Alcatraz, closed since 1963, as a federal prison to house violent criminals and potentially illegal immigrants. (More)

Trump also called for a 100% tariff on all foreign-made films, saying overseas incentives for filmmakers threaten America’s film industry. (See Details)

The federal government restarted collections on defaulted student loans Monday, ending a pause that began in March 2020. (See Details)

Georgia Gov. Brian Kemp announced Monday he won’t challenge Sen. Jon Ossoff in 2026, a move that complicates plans for Republicans who viewed him as their strongest contender. (More)

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Sports

➤ Scottie Scheffler won the CJ Cup Byron Nelson golf tournament this weekend by eight strokes, tying the event’s all-time record for lowest combined score. (More)

➤ President Trump announced that Washington, D.C., would be the site of the 2027 NFL draft, the first time the three-day draft has been held in the nation’s capital. (More)

➤ CNBC ranked Real Madrid as the most valuable soccer club in the world, estimating their value at $6.7 billion. Manchester United and Barcelona rounded out the top three. (See Full List)

➤ Oscar Piastri won the Formula 1 Miami Grand Prix on Sunday, his fourth victory in six races this season. Piastri’s McLaren teammate Lando Norris finished second. (More)

➤ Yesterday’s results: MLB | NBA | NHLSoccer

Finance

Trend Line Daily Market Report   05/05/2025

NASDAQ
National Association of Securities Dealers Automated Quotations
17,844.24
-0.74%
SPX
S&P 500
5,650.38
-0.64%
DJI
Dow Jones Industrial Average
41,218.83
-0.24%
BTC
Bitcoin
$94,242.27
-0.08%
GOLD
Per Ounce
$3,340.90
3.37%
SKX
Skechers USA Inc.
$61.39
+24.35%
Bitcoin and gold are traded 24 hours a day.

➤ Big Stock Move: Skechers stock soared 24% Tuesday after the footwear giant agreed to be acquired by private equity firm 3G Capital for $9.4 billion. (See Details)

Treasury Secretary Scott Bessent outlined a roadmap of the administration’s America First Vision to global investors Monday, highlighting tariffs, tax cuts, and deregulation as the core components. (More)

 Rivian announced Monday that it’s investing $120 million in a 1.2 million-square-foot supplier park near its Normal, Illinois, plant, set for completion in 2026, to enhance production of its electric vehicles. (More)

A former Los Angeles County fire captain has launched Firemans Brew Coffee, a company with plans to donate at least 10% of all sales to the non-profit Fire Family Foundation. (See Photos)

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Science & Technology

➤ A humanoid robot in China, seen dangling from a crane, suddenly flailed its limbs and lunged at handlers before collapsing in a heap, evoking scenes from The Terminator. (See Video)

➤ Did you know the intense red color in classic lipstick—called carmine—traditionally comes from crushed bugs found on cactus plants in South America? A biotech startup has now developed a vegan replica. (More)

➤ Kissing someone who’s recently eaten gluten poses little risk for people with celiac disease, according to new research. (See Details)

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The Rotator

Travel Tuesday

Today’s Rotator section is brought to you by:

The Flyover

International airlines are considering weight-based ticket pricing, charging passengers based on their body mass, a measure that’s proven controversial in the past. (See Details)

American Airlines is debuting new Flagship Suite seats aboard its Boeing 787-9 aircraft this summer. The luxury seating will feature privacy doors, wireless charging pads, and a unique chaise lounge option. (See Photos)

➤ The Secrets Akumal Riviera Maya Hotel in Mexico was named the best hotel in the world out of 8 million listings by Tripadvisor’s travel reviewers. Hotels in Vietnam, India, Turkey, and Aruba completed the top five rankings. (See List)

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Et Cetera

➤ A former housing official under President George H. W. Bush told Tucker Carlson that the U.S. secretly built a $21 trillion underground “city” for elites to survive doomsday scenarios. (See Details)

Barstool Sports founder Dave Portnoy said he’s sending two customers to tour the Auschwitz concentration camp after they held up an antisemitic sign at a Barstool pub. (See Details)

➤ Wellington Airport in New Zealand is retiring its massive Lord of the Rings-themed sculpture—Gandalf riding a giant eagle—this Friday to refresh its visual identity. (See Sculpture)

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Poll Position

Have you read the “Lord of the Rings” trilogy?

  1. Yes, my precious
  2. No, too many elves
  3. Only the movies
  4. Read what?
 

Yesterday’s Results:

Do you find it morally acceptable to bet on who the next pope will be?

  1. Yes: 22%
  2. No: 32%
  3. Only if it’s not for profit: 12%
  4. People do that? 33%

Quote BoxDaily Quote

Quote

“Let’s try to turn a hideous incident into maybe a learning experience. I’m sending these kids to Auschwitz. They’ve agreed to go.”

—  Barstool Sports founder Dave Portnoy on teaching a lesson to two young men who displayed an antisemitic sign at his Barstool pub.

TriviaToday’s Trivia

Where was the first covered shopping mall created? 

Show me the answer

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