Americans Misjudge Economy

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BUSINESS & ECONOMY

📉 56% of Americans mistakenly believe the U.S. is in a recession

A recent Guardian/Harris poll indicates that 56% of Americans believe the U.S. is in a recession, despite ongoing GDP growth. The poll also shows that 58% attribute the perceived economic downturn to President Biden. While GDP increased by 1.6% in Q1 2024, this does not meet the criteria for a recession. 

🚗 China's Industrial Profits Grow in April

China's industrial profits grew by 4.0% In April, reversing a 3.5% decline in March. For January-April, profits rose 4.3% year-on-year, matching first-quarter growth while export-driven factory output led this growth despite weak domestic demand and challenges in the electric vehicle sector. State-owned firms' profits fell 2.8%, foreign firms increased 16.7%, and private firms rose 6.4%. 

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WORLD

🚀 Rockets Fired at Tel Aviv, Sirens Sound for First Time in Months

Hamas launched eight rockets from Rafah, Gaza, towards Tel Aviv, triggering sirens and minor injuries. Israel's ongoing ground assaults in Rafah aim to root out Hamas fighters and rescue hostages while Israeli tanks have attacked the city's edges near Egypt. Analyst Akiva Eldar noted, "Netanyahu might use this to justify deeper military actions."

🎉 Lithuania's President Nausėda Re-elected in Landslide Victory Amid Russia Concerns

Lithuania’s President Gitanas Nausėda has secured a landslide re-election victory, winning 74.6% of the vote. The election, heavily influenced by concerns over Russia, saw Nausėda defeating Prime Minister Ingrida Šimonytė. Emphasizing the need for strong defense policies and continuity in foreign relations, Nausėda stated, "Lithuania’s independence and freedom is like a fragile vessel that we must cherish, protect and prevent from cracking." 

🚁 NATO Allies Unite on Innovative "Drone Wall" to Guard Against Russia

Six NATO allies, including Lithuania, Latvia, Estonia, Poland, Norway, and Finland, are investing in a groundbreaking "drone wall" to protect against hostile actions from Russia and  to enhance border security using advanced UAVs and anti-drone technologies. Announced by Lithuanian Interior Minister Agne Bilotaite, she stated, “This is a completely new thing—a drone border from Norway to Poland.” 

SCIENCE & TECH

🔍 AI Companies Can't Be Trusted, Say Ex-OpenAI Board Members 

Former OpenAI board members Helen Toner and Tasha McCauley argue that AI companies need third-party regulation to ensure accountability.  They resigned in November, opposing CEO Sam Altman, whom they accuse of fostering a "toxic" work environment. They believe Altman’s return compromises OpenAI’s self-governance and stress the need for effective governmental regulatory frameworks to safeguard AI development.

🎤 YouTube Music Now Lets You Search by Humming on Android

YouTube Music on Android now allows users to search for songs by humming, whistling, singing, or playing a recording. This feature, accessed via a new waveform icon next to the microphone in the search bar, identifies songs by just humming with accuracy. While not perfect, it effectively replaces Shazam for song identification. The feature may also come to iOS soon.  

🚀 NASA launches revolutionary climate change satellite

 NASA has launched a small satellite from New Zealand to enhance climate change predictions by measuring heat emissions from Earth's poles for the first time. The PREFIRE mission is to improve models of polar climate change and weather systems.  Karen St. Germain, NASA’s Earth sciences research director stated, "NASA needs both generalist and specialist satellites to tackle specific scientific questions."

SPORTS & ENTERTAINMENT

🔫 ‘General Hospital’ Star Johnny Wactor Killed in Suspected Theft

Johnny Wactor, best known as Brando Corbin on “General Hospital,” was fatally shot. The suspects allegedly attempted to steal the catalytic converter from Wactor's car in downtown L.A. on Saturday morning. Wactor was attacked by three suspects and his death was confirmed by his talent agent, David Shaul.

🏎️ Josef Newgarden Clinches Second Consecutive Indy 500 Win

Josef Newgarden won the Indianapolis 500 for the second consecutive year, defeating Pato O'Ward in a thrilling last-lap duel. Despite trading the lead multiple times, Newgarden reclaimed the lead two turns before the finish. Newgarden stated "I love this crowd. I've got to always go in the crowd if we win here.” 

🚨 Nicki Minaj Arrested and Fined for Soft Drugs at Amsterdam Airport

Rapper Nicki Minaj was briefly arrested and fined at Amsterdam Schiphol Airport after Dutch authorities found "soft drugs" in her luggage. The Royal Netherlands Marechaussee detained Minaj, who was later released after paying an undisclosed fine. Minaj claimed in a video that marijuana was found in her bags and called the incident an attempt to "sabotage my tour." 

OTHER NEWS

 🌪️ Seven, Including Children, Killed in Texas Tornado

A tornado in Texas, the deadliest since 2015, resulted in the deaths of at least seven people, including two children. The EF-2 tornado caused significant damage along the Denton-Cooke county lines, impacting areas such as a travel stop where many sought shelter. Governor Greg Abbott declared a disaster for the affected counties as recovery efforts continue.

🐕 Doge Meme Dog Kabosu Passes Away

Kabosu, the Shiba Inu dog famous for the "doge" meme, has died. Known for her iconic side-eyed expression, Kabosu became an internet sensation in 2013. The dog passed away quietly in her owner Atsuko Sato's arms. Sato wrote, "I think Kabo-chan was the happiest dog in the world. And I was the happiest owner." 

😔 19% of U.S. Adults Often Feel Lonely

A new Yahoo poll reveals that 19% of U.S. adults frequently or always feel lonely. The poll, conducted among 1,794 adults, shows that loneliness affects younger people the most, with 29% of 18-to-29-year-olds and 23% of 30-to-44-year-olds feeling lonely due to not living close to loved ones, lack of romantic relationships, and excessive time online.

🏆 Naples, Best City to Live in the U.S.

Naples, Florida, is ranked the best city to live in the U.S. due to its excellent job prospects and high quality of life, according to U.S. News & World Report. The city's low unemployment rate, high salaries, and strong job market, particularly in tourism and healthcare. Affordable housing and financial stability contribute to its appeal.

THIS DAY THAT YEAR

On May 27th, 1660, the Treaty of Copenhagen was signed, marking a significant conclusion to a generation of warfare between Sweden and Denmark-Norway. Alongside the Treaty of Roskilde, this agreement played a crucial role in defining the modern boundaries of Denmark, Norway, and Sweden.

BRAIN TEASER

First I am dried, then I am wet; The longer I swim, the more taste you get. What am I?

Nailed it or stumped? Hit us with a reply and find the correct answer 🎯

Here’s what Friday’s teaser was:

I have four wings, but cannot fly, I never laugh and never cry; On the same spot, I'm always found, toiling away with little sound. What am I?

The answer is: A windmill

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