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The Actual News

Just the Facts, from multiple news sources.

Business News

Business news, market updates, and economic developments

WATCH:  Disney teams with Make-A-Wish to grant girl’s wishv

WATCH: Disney teams with Make-A-Wish to grant girl’s wishv

Summary

Disney worked with the Make-A-Wish Foundation to grant a 5-year-old girl named Lilo her wish. She received special treatment during a visit to Disneyland.

Key Facts

  • Lilo is a 5-year-old girl whose wish was granted by Disney and Make-A-Wish.
  • The visit took place at Disneyland.
  • Lilo received royal treatment as part of her experience.
  • Make-A-Wish is an organization that helps children with critical illnesses by fulfilling their wishes.
  • Disney often partners with Make-A-Wish to create memorable experiences for kids.
  • The article was published on April 28, 2026.
  • The story focuses on a positive event involving a well-known company and a charity.
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Why pet insurance for your dog makes sense this May

Why pet insurance for your dog makes sense this May

Summary

Pet insurance can help dog owners manage the high costs of veterinary care, especially as warmer weather brings more outdoor activities and related health risks. Applying for insurance now is advised because many plans have a waiting period before coverage begins.

Key Facts

  • The average pet owner spends over $4,200 a year on routine pet care.
  • About 40% of pet owners say they would use a credit card to pay for expensive vet visits.
  • Pet insurance can reduce costs for routine care, medical procedures, and alternative treatments.
  • Accident-only pet insurance plans often have lower monthly payments and cover emergencies.
  • Many pet insurance companies require a waiting period before coverage starts.
  • Seasonal risks for dogs in May include allergies, injuries, sunburn, and overheating.
  • Pet insurance premiums usually rise as a dog gets older or develops health problems.
  • Owning pet insurance may help avoid high-interest credit card debt caused by unexpected vet bills.
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How much can you sell a 1-ounce gold coin for this May?

How much can you sell a 1-ounce gold coin for this May?

Summary

Gold prices have changed a lot recently, reaching record highs above $5,000 per ounce before dropping to about $4,585 now. If you want to sell a 1-ounce gold coin today, dealers usually pay between 95% and 98% of the current market price, depending on the coin’s type and condition.

Key Facts

  • Gold hit a peak price of $5,000 per ounce earlier this year, the first time ever.
  • Current gold spot price is roughly $4,585 per ounce.
  • Dealers typically pay 95% to 98% of the spot price for 1-ounce gold coins.
  • This means selling prices for a 1-ounce coin now range from about $4,356 to $4,493.
  • Popular coins like American Gold Eagles and Canadian Gold Maple Leafs often fetch better prices.
  • Coins in perfect condition or with special features can sell for more, due to collector interest.
  • Getting multiple price quotes from different dealers can help maximize your sale price.
  • Gold prices can go up or down quickly, so timing sales can be tricky.
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CFTC sues Wisconsin over prediction market regulations

CFTC sues Wisconsin over prediction market regulations

Summary

The Commodity Futures Trading Commission (CFTC) filed a lawsuit against Wisconsin and some state officials. The CFTC says it alone has the authority to regulate prediction markets, which are platforms where people can bet on future events. Wisconsin had sued five such platforms, claiming they broke state laws.

Key Facts

  • The CFTC sued Wisconsin and some state officials on Tuesday.
  • The lawsuit challenges Wisconsin’s recent actions against prediction markets.
  • Prediction markets let people place bets on future outcomes, like elections or prices.
  • The CFTC says it has exclusive control over these markets across the U.S.
  • Wisconsin sued five companies: Coinbase, Kalshi, Robinhood, Polymarket, and Crypto.com.
  • Wisconsin claims these companies operated illegally under state law.
  • The CFTC disagrees and wants federal rules to apply instead of state laws.
  • The case highlights a conflict between state and federal authority over prediction markets.
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Target's Offering $130 Off Car Seats: How to Get Yours

Target's Offering $130 Off Car Seats: How to Get Yours

Summary

Target is holding a Car Seat Trade-in event that offers parents up to $130 off on new Evenflo car seats when they trade in an old seat. The event runs from April 19 to May 2 and combines several discounts, making it easier for parents to buy quality car seats at lower prices.

Key Facts

  • Target’s Car Seat Trade-in event offers up to $130 off new Evenflo car seats.
  • The discount combines a 20% off sale and a 20% Target Circle trade-in bonus.
  • The Evenflo Revolve360 car seat costs $364.99 regularly, but drops to about $233.59 with discounts.
  • The Revolve360 car seat rotates 360 degrees to make placing and securing a child easier.
  • It supports children weighing from 4 to 120 pounds with rear-facing, forward-facing, and booster modes.
  • The event runs from April 19 through May 2, with the trade-in bonus valid until May 16.
  • Parents can trade in any type of car seat, even expired or damaged ones, to qualify.
  • Discounts apply both in-store and online and can be used alongside other offers on baby gear.
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Gas prices jump to their highest level since start of Iran war

Gas prices jump to their highest level since start of Iran war

Summary

Gasoline prices in the U.S. have risen to an average of $4.18 per gallon, the highest since the war in the Middle East began on February 28. This increase is due to ongoing conflict affecting oil supplies and problems at some local refineries, which are raising costs for consumers.

Key Facts

  • Gas prices rose by $1.20 per gallon since the Middle East war began.
  • Prices increased nearly 7 cents overnight to $4.18 per gallon.
  • The war affects oil supplies, which make up about half the cost of gasoline.
  • Brent oil price is around $111 a barrel, and U.S. oil price is just under $100 a barrel.
  • Local refinery problems in Michigan, Wisconsin, Illinois, and Indiana also pushed prices up.
  • Americans have spent about $150 more on gas over the last two months due to higher prices.
  • Economists predict U.S. gas prices will stay above $4 this summer and fall slightly in the autumn.
  • Higher gas prices may slow down consumer spending and affect overall economic growth.
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GM expecting $500m Trump tariff refund, boosting its 2026 earnings outlook

GM expecting $500m Trump tariff refund, boosting its 2026 earnings outlook

Summary

General Motors expects to receive a $500 million tariff refund after the U.S. Supreme Court ruled some tariffs imposed by President Trump were illegal. This refund improves GM’s profit outlook for 2026, as it lowers their estimated tariff costs.

Key Facts

  • GM expects a $500 million refund from tariffs struck down by the Supreme Court.
  • The company raised its 2026 earnings forecast to $13.5 billion-$15.5 billion before interest and taxes.
  • GM now expects to pay $2.5 billion-$3.5 billion in tariffs in 2026, down from prior estimates of $3 billion-$4 billion.
  • The Supreme Court ruled in February that tariffs imposed under the International Emergency Economic Powers Act (IEEPA) were illegal.
  • Over 330,000 importers paid around $166 billion in these tariffs on more than 53 million shipments.
  • The Customs and Border Protection agency has started processing refund claims, taking 60 to 90 days for approval after claims are submitted.
  • Other tariffs imposed under different laws, like Section 232 on steel and aluminum, remain in effect and continue to impact companies like GM.
  • President Trump said he would remember which companies seek refunds and those that do not.
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US gas prices surge to highest level in four years, averaging $4.15 a gallon

US gas prices surge to highest level in four years, averaging $4.15 a gallon

Summary

US gas prices reached their highest level in four years, averaging $4.18 a gallon, due to ongoing tensions involving Iran and issues with global oil supply routes. Oil prices remain high as peace talks continue to stall and important shipping lanes stay closed, benefiting some Western oil companies.

Key Facts

  • US gas prices rose to an average of $4.18 per gallon, the highest in four years.
  • Prices are about $1 higher than a year ago when the average was $3.15 per gallon.
  • Gas prices differ by state; Texas has averages around $3.72, while California is as high as $5.96 per gallon.
  • Global oil prices remain high, with Brent crude around $111 per barrel and US WTI crude near $100 per barrel.
  • Oil supply is affected by the blockade of the Strait of Hormuz, a key route for about 20% of the world’s oil and gas.
  • President Donald Trump expressed dissatisfaction with Iran’s peace proposals that involve reopening the strait.
  • The United Arab Emirates announced it will leave the OPEC oil group amid these tensions.
  • BP reported that its first-quarter profits more than doubled to $3.2 billion, helped by higher oil prices.
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3 unexpected downsides of debt relief to know before enrolling

3 unexpected downsides of debt relief to know before enrolling

Summary

Debt relief programs can help reduce what you owe and simplify payments, but they also have some important downsides. These include hurting your credit score before it improves, possible tax bills on forgiven debt, and a longer, less predictable process than many expect.

Key Facts

  • Household debt is very high, with credit card debt over $1.23 trillion and average interest rates above 21%.
  • Inflation is rising, making it harder for many people to pay their debts.
  • Debt relief, especially debt settlement, may require stopping payments to save money for negotiations.
  • Missing payments can lower credit scores and leave negative marks on credit reports for years.
  • Forgiven debt might be counted as taxable income by the IRS, creating unexpected tax bills.
  • Some exceptions to taxes on forgiven debt exist, like insolvency, but not everyone qualifies.
  • Debt relief can take many months or longer, as you must accumulate funds and negotiate with each creditor.
  • The debt relief process is often more complex and slower than advertised.
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US gasoline prices hit highest level in 4 years

US gasoline prices hit highest level in 4 years

Summary

Gasoline prices in the United States have reached their highest level in four years, averaging $4.17 per gallon. This increase is mainly due to a war involving the U.S. and Iran, which has disrupted global oil supply and caused oil prices to rise.

Key Facts

  • The average price of a gallon of gas in the U.S. is $4.17, up 28% since February 28, 2026.
  • The U.S. and Israel are involved in a war with Iran, started at the end of February 2026.
  • The conflict led to the closure of the Strait of Hormuz, a key route for about 20% of the world’s oil.
  • The U.S. produces more oil than it uses but still faces higher prices due to global market changes.
  • Oil prices have risen over 50% compared to levels before the war began.
  • Crude oil, which comes from oil extracted from the ground, makes up more than half the cost of gasoline.
  • Recent talks to end the war have stalled, keeping oil prices and gas prices high.
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Faisal Islam: Why the UAE's exit from Opec is a big deal

Faisal Islam: Why the UAE's exit from Opec is a big deal

Summary

The United Arab Emirates (UAE) has decided to leave OPEC, the group of oil-exporting countries that controls oil supply and prices. The UAE wants to produce more oil than OPEC’s limits allow and is planning new pipelines to increase its oil exports.

Key Facts

  • The UAE was a founding member of OPEC, joining even before becoming a country in 1971.
  • OPEC helps control oil prices by setting production quotas for its members.
  • The UAE had the second largest spare oil production capacity in OPEC, meaning it could increase oil supply to affect prices.
  • OPEC limited the UAE’s oil production to about 3-3.5 million barrels per day.
  • The UAE plans to increase production to around 5 million barrels per day after leaving OPEC.
  • New pipelines from Abu Dhabi will bypass the Strait of Hormuz, a key shipping route that faces tensions.
  • Saudi Arabia may respond to the UAE’s increased oil production by lowering prices, causing economic pressure on less wealthy OPEC members.
  • The world is reducing its reliance on oil as other energy sources grow, which may explain the UAE’s decision to sell more oil quickly.
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Singing activists disrupt NatWest meeting over ‘climate backtracking’

Singing activists disrupt NatWest meeting over ‘climate backtracking’

Summary

At NatWest’s annual meeting in Edinburgh, protesters disrupted the event to challenge the bank on its climate policies. The bank’s chair defended recent changes that eased some restrictions on lending to oil and gas companies, saying the bank still aims to reduce its climate impact and reach net zero emissions by 2050.

Key Facts

  • The NatWest annual meeting was temporarily stopped due to protesters singing about climate and fossil fuel issues.
  • Protesters wore shirts with slogans like “No more big oil” and represented the group Extinction Rebellion’s XR Money Rebellion.
  • NatWest recently dropped a commitment not to lend to oil and gas companies without credible climate plans or clear carbon emission reporting.
  • The bank’s chair, Rick Haythornthwaite, said NatWest aims to cut its climate impact by half from 2019 levels and reach net zero financing emissions by 2050.
  • NatWest provided £19 billion for energy transition projects in the second half of 2025 and targets £200 billion in sustainable loans by 2030.
  • Oil and gas loans make up just 0.6% of NatWest’s total lending, and the bank avoids funding controversial fossil fuel projects like shale oil or coal gas.
  • Some investors opposed the chair’s re-election due to concerns about weakened climate commitments, with 92% approval, the lowest among resolutions.
  • Shareholders and union representatives also questioned executive pay and staff wages compared to rising dividends and inflation.
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‘It feels like a betrayal’: anger as Apple to close US’s first unionized store

‘It feels like a betrayal’: anger as Apple to close US’s first unionized store

Summary

Apple plans to close its first unionized store in Towson, Maryland by June, which has led to protests from the union and workers. The union claims the closure is a way to weaken the union and alleges unfair treatment and retaliation, while Apple denies these claims and says it will follow the agreed contract.

Key Facts

  • The Towson Apple store was the first Apple store in the US to unionize, with nearly 90 workers joining the union in June 2022.
  • The union filed a complaint accusing Apple of unfair labor practices, including denying transfer rights and retaliating against union workers.
  • Apple says the closure is not related to the union and that it will honor the contract negotiated with the union.
  • Workers at the store will have to reapply for jobs at other Apple stores rather than receive automatic transfers.
  • The union and workers view the store closure as an attempt to weaken or break the union.
  • The union contract was finally agreed upon in August 2024 after delays and disputes.
  • The store’s closure will impact workers’ sense of community and their financial stability.
  • The store is the only Apple store in the area accessible by public transport, raising concerns about access for customers.
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Why Hollywood Is Wrong to Focus On Millennial Nostalgia

Why Hollywood Is Wrong to Focus On Millennial Nostalgia

Summary

Gen Z moviegoers are increasing their visits to cinemas, with attendance rising by 25% recently, making them the most frequent film audience. Despite this, Hollywood is focusing on nostalgic movies for millennials instead of creating new experiences that appeal to Gen Z’s interest in shared cinema events.

Key Facts

  • Global box office revenue is expected to reach $35 billion this year, continuing growth.
  • Cinema loyalty programs saw a 15% increase in subscriptions between 2024 and 2025.
  • Gen Z’s average cinema visits rose from 4.9 to 6.1 times per year.
  • 41% of Gen Z attended at least six movies in a year, up from 31% in 2022.
  • 87% of surveyed U.S. Gen Z moviegoers went to a cinema at least once in the past year.
  • Hollywood is producing remakes and nostalgic content aimed at millennials rather than Gen Z.
  • Gen Z values cinema as a social and special outing, different from streaming alone at home.
  • Some Gen Z movie fans create and share detailed film discussions on platforms like TikTok and YouTube.
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'Childhood memories' - why nostalgia wasn't enough to save Claire's

'Childhood memories' - why nostalgia wasn't enough to save Claire's

Summary

Claire’s, a store selling jewelry and accessories mainly for young girls, has closed all 154 of its UK and Ireland stores, causing 1,300 job losses. The company struggled due to lower post-Covid shopping, competition from online stores, and not updating its products to fit changing teenage tastes.

Key Facts

  • Claire’s closed all its standalone stores in the UK and Ireland, shutting 154 locations.
  • The closures resulted in about 1,300 job losses.
  • Claire’s first opened in the UK in the late 1990s and was popular for ear piercing and colorful accessories.
  • The brand faced strong competition from online shops like Shein, Temu, TikTok Shop, and second-hand platforms such as Vinted and Depop.
  • Shoppers’ preferences shifted from traditional high street stores to more social media-driven and online shopping experiences.
  • Claire’s filed for bankruptcy twice in the US, with its UK arm also entering administration and undergoing store closures.
  • Industry experts said Claire’s relied too much on physical stores and impulse buying, which have declined with the rise of online shopping.
  • High street challenges like rising rents, business rates, and fewer shoppers added to the company’s struggles.
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Can wage garnishment increase over time?

Can wage garnishment increase over time?

Summary

Wage garnishment means money is taken from your paycheck to pay debts after a court order. Although the law limits how much can be taken, the actual amount deducted can go up over time due to factors like income changes, multiple debts, or added fees.

Key Facts

  • Wage garnishment happens after a court judgment when debts are unpaid.
  • Federal law usually limits garnishment to 25% of your disposable income (the money left after taxes).
  • If your income rises, the garnishment amount can increase because it’s often a percentage of your earnings.
  • Having more than one garnishment or certain debts like child support can raise the total paycheck deduction.
  • Interest, penalties, and legal fees can add to the debt and extend the garnishment period.
  • Different types of debts have different garnishment limits (for example, child support can take up to 65%).
  • Courts can change garnishment orders based on your situation, and mistakes can cause incorrect amounts to be taken.
  • Once garnishment starts, money is deducted before you receive your paycheck, which can quickly affect your budget.
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The great American data center divide

The great American data center divide

Summary

Data centers for artificial intelligence and cloud computing are increasingly being built in rural areas of the United States. This shift has caused tensions as local communities, especially farmers, worry about environmental impacts and threats to their land and water, while some see it as a chance to make money from land sales or leases.

Key Facts

  • Data centers, which support AI and cloud computing, are moving into rural farm regions due to cheaper land and tax breaks.
  • About 67% of planned data centers are in rural areas, compared to 87% of existing ones being in cities.
  • More than 160 new AI-focused data centers have been built in the US in the last three years, a 70% increase.
  • Residents in some rural areas have strongly opposed data centers over concerns of water use, energy costs, and damage to farmland.
  • Some rural lawmakers and officials have campaigned against data center projects on prime agricultural land.
  • Despite opposition, some farmers welcome the projects for the chance to profit from rising land values or new income sources.
  • The White House and tech companies argue data centers are needed to keep the US competitive in AI technology.
  • This issue may affect voter attitudes in rural areas where many residents depend on agriculture and have supported President Donald Trump.
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Exclusive discounts from CBS Mornings Deals

Exclusive discounts from CBS Mornings Deals

Summary

CBS Mornings Deals offers special discounts on various products that could be useful in daily life. Customers can visit the website cbsdeals.com to find and buy these discounted items.

Key Facts

  • CBS Mornings Deals features products with exclusive discounts.
  • The deals aim to highlight items that may become everyday essentials.
  • Customers can access these deals by visiting cbsdeals.com.
  • CBS earns commissions when people buy items through the website.
  • The deals are promoted during CBS Mornings broadcasts.
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Where Your Credit Score Can and Can’t Raise Your Insurance Costs

Where Your Credit Score Can and Can’t Raise Your Insurance Costs

Summary

Some U.S. states are working to change laws that allow insurance companies to use people’s credit histories to set prices for home and car insurance. Currently, this practice is banned in a few states, but many still allow it, which can cause people with low credit scores to pay higher insurance costs.

Key Facts

  • Insurance companies often use a credit-based insurance score, created by firms like FICO and TransUnion, to decide insurance premiums.
  • This score is different from a regular credit score and is based on factors like payment history and debt.
  • People with low credit scores tend to pay more for insurance because they are seen as more likely to file claims.
  • Studies show that homeowners with low credit scores pay about 24% more for insurance than those with high scores. Drivers with poor credit pay about 69% more on average.
  • States like California and Massachusetts do not allow insurance companies to use credit history for home or auto insurance pricing.
  • Some states, like Michigan and Hawaii, have partial bans or restrictions on how credit history can be used.
  • Other states, including Oregon and Utah, have strict rules limiting how credit information can affect insurance decisions but do not ban the practice outright.
  • Currently, there are bills in states like Iowa, New York, Oklahoma, and Pennsylvania that aim to ban or limit the use of credit history in insurance pricing.
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What Actually Fixes Health Care: From Activity to Outcomes

What Actually Fixes Health Care: From Activity to Outcomes

Summary

The article explains that many health care systems focus on paying for the number of services provided, like tests and visits, rather than for improving patients’ health over time. This payment model, called fee-for-service, can lead to inefficiencies and poor health results. To fix this, health care should shift to value-based care, which rewards better health outcomes instead of just more activity.

Key Facts

  • Health care systems often pay for each service done, such as tests and doctor visits, rather than patient health improvements.
  • This payment style is called fee-for-service and encourages more procedures, not necessarily better care.
  • Paying for activity can cause fragmented care with no one responsible for overall patient health.
  • The article uses diabetes care as an example where many separate visits and tests don’t guarantee better health outcomes.
  • This approach can increase unnecessary procedures and reduce system efficiency.
  • Value-based care focuses on whether patients get better and remain healthy over time.
  • Instead of paying for each act, value-based care rewards accountability for health results across the full care process.
  • Changing how health care is rewarded can improve system behavior and health outcomes.
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