Elon Musk testified in a lawsuit against OpenAI, claiming the company abandoned its original nonprofit mission to become a for-profit business. During the trial, Musk made several mistakes on the stand, including contradictions and losing legal arguments, which could weaken his case.
Key Facts
Musk sued OpenAI, accusing it of moving away from its nonprofit goals and planning to go public.
He testified for three days in a trial where OpenAI denies his claims.
OpenAI’s lawyer challenged Musk, showing documents that conflicted with his statements.
Musk admitted he left OpenAI after not getting control over a for-profit branch he wanted.
He was criticized by the judge for being sarcastic and avoiding questions during testimony.
Musk’s own AI company, xAI, currently lags behind OpenAI.
The lawsuit may be an attempt by Musk to slow OpenAI’s progress.
The trial also involves revealing Musk’s connections to President Donald Trump, which could affect his credibility.
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A recent poll shows that only 25% of people who do not own homes believe they will be able to buy one in the next five years. Chen Zhao, an economic researcher at Redfin, talks about what income is needed to afford the average home price.
Key Facts
Only one in four non-homeowners feel confident they can buy a house within five years.
The article focuses on the income required to afford an average-priced home.
Chen Zhao is the head of economic research at Redfin.
Redfin is a real estate company that studies housing market trends.
The discussion is based on recent polling data.
The housing market affordability is a concern for many people.
The article was shared along with various other news stories on April 30, 2026.
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The latest inflation report showed that prices for goods and services bought by U.S. consumers increased by 0.7% from February to March. CNBC host Jim Cramer expressed concern about the report, suggesting it indicates difficult economic times ahead.
Key Facts
The Personal Consumption Expenditures (PCE) index measures price changes of goods and services bought by U.S. consumers.
The PCE index rose 0.7% from February to March.
The report was released by the U.S. Commerce Department.
Jim Cramer, a CNBC host, reacted negatively to the report.
The increase in the index suggests rising inflation in the U.S.
Inflation could cause costs to go up for everyday items and services.
The report may signal tougher financial conditions in the near future.
The data covers consumer spending patterns in the United States.
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Some people will receive an extra paycheck in May because of how pay periods fall on the calendar this year. This bonus payday happens only a few times annually when the payment schedule aligns in a certain way.
Key Facts
May will include an extra paycheck for some workers.
This happens because of the timing of pay periods during the year.
Bonus paydays occur only a few times each year.
The extra paycheck usually happens if you are paid every two weeks.
People paid monthly or weekly may not see this change.
The bonus payday can help with extra expenses or savings.
This is a normal part of some payroll schedules.
Employers follow their usual pay calendars to determine paydays.
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Bari Weiss, the head of CBS News, replaced a longtime London bureau chief after disagreements over Middle East coverage. She hired Shayndi Raice, a former Wall Street Journal editor known for a pro-Israel stance, to lead CBS’s international news from London.
Key Facts
Bari Weiss is the current leader of CBS News and has been making changes to the network's staff and coverage.
CBS News removed Claire Day, the London bureau chief with 25 years at CBS, reportedly due to conflicts over coverage of Israel and Gaza.
Shayndi Raice, previously a Wall Street Journal editor based in Israel, was hired to be CBS’s new foreign editor in London.
Raice is known for having a perspective that favors Israel more than Palestine, which caused some tension with colleagues at the Wall Street Journal.
The Wall Street Journal reviewed Raice’s work and found that she often relied heavily on Israeli sources in coverage.
Bari Weiss is a vocal supporter of Israel and the U.S. administration’s positions on Middle East conflicts.
Weiss’s management at CBS has faced criticism, including staff dissatisfaction and lower audience ratings.
The Free Press, a publication founded by Weiss and bought by Paramount, often publishes articles with a pro-Israel viewpoint.
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The cost of owning pets in the U.S. has grown significantly, with routine care averaging over $4,200 per year and rising veterinary bills adding financial pressure. Many pet owners face challenges managing these expenses alongside other rising household costs, sometimes relying on credit cards for unexpected medical bills.
Key Facts
Average annual cost for routine pet care (food, vet visits, grooming, supplies) is about $4,272.
Over a pet’s 12-year life, routine care costs can total more than $50,000.
Spending on pets nationwide reached around $158 billion in 2025 and is expected to keep rising.
Average veterinary visit cost rose 32% from 2020 to 2025, reaching roughly $392 per visit.
Emergency vet care and surgeries can cost thousands or tens of thousands of dollars.
About 25% of pet owners with chronically ill pets spent between $5,000 and $10,000 on pet care in a year.
Nearly 58% of owners of chronically ill pets report financial stress from pet expenses.
Many pet owners reduce other household spending or use credit cards to cover vet costs.
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A $40,000 deposit will earn different amounts of interest depending on the type of savings account it is placed in. Currently, a certificate of deposit (CD) offers the highest interest for longer terms, while high-yield savings accounts provide slightly higher returns for very short terms with easier access to funds.
Key Facts
The Federal Reserve recently paused interest rate changes, keeping savings rates stable for now.
A 3-month CD at 3.90% earns about $384 in interest on $40,000.
A 3-month high-yield savings account at 4.03% earns about $397, making it slightly better short term.
For 6 and 9 months, CDs with rates around 4.05%-4.10% earn more interest than the savings or money market accounts.
Money market accounts earn the least interest currently, around 3.90%.
CD rates are fixed once locked in, while savings and money market rates can change over time.
Savers may benefit by splitting their money across different accounts to balance interest earned and access to funds.
The best choice depends on how long you plan to keep your money deposited and if you need easy access.
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President Donald Trump announced he is lifting tariffs on Scotch whiskey following a visit from King Charles III and Queen Camilla. The decision aims to support the whiskey and bourbon industries linked to Scotland and Kentucky.
Key Facts
President Trump removed tariffs on Scotch whiskey.
The tariff removal followed a visit by King Charles III and Queen Camilla.
The move supports Scotland’s whiskey industry.
It also benefits the bourbon industry in Kentucky.
Whiskey and bourbon are important industries for both regions.
Tariffs are taxes on imported goods that can increase their price.
The change is meant to encourage trade between Scotland and Kentucky.
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The Federal Reserve has decided to keep its interest rates steady between 3.50% and 3.75%, with no expected cuts before December 2025. This decision means mortgage rates remain high, affecting homebuyers and those wanting to refinance, though rates have improved slightly compared to previous years.
Key Facts
The Federal Reserve paused rate changes, holding the federal funds rate at 3.50% to 3.75%.
No rate cuts are expected until at least December 2025.
Mortgage rates actually rose after this pause, making borrowing more expensive.
Mortgage rates today are still a bit better than similar times in 2025 and 2024.
Outside factors like international conflicts and economic data can affect mortgage rates.
Borrowers should consider if waiting for lower rates will lead to losing good home options or savings.
Options to lower rates include paying mortgage points or choosing different loan types like adjustable-rate mortgages.
The next Federal Reserve meeting is scheduled for June, with no meetings in May.
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Thermos is recalling 8.2 million containers because their stoppers can pop out suddenly and cause injuries, including three cases of permanent vision loss. The recall affects certain Thermos Stainless King Food Jars and Sportsman Food & Beverage Bottles sold between 2008 and 2024.
Key Facts
Thermos is recalling 5.8 million Stainless King Food Jars and 2.3 million Sportsman Food & Beverage Bottles.
The containers were sold at stores like Target, Walmart, and Amazon.com from March 2008 to July 2024.
The problem comes from stoppers without a pressure relief in the center, causing them to eject forcefully.
There have been 27 reports of injuries from stoppers popping out, including three cases of permanent vision loss.
Affected models are SK3000, SK3010, and SK3020, with model numbers on the container bottoms.
Consumers should stop using the recalled items immediately and ask Thermos for a free replacement stopper or bottle.
Thermos provides support and recall information online and by phone, during business hours from Monday to Friday.
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A 3-month certificate of deposit (CD) offers a fixed interest rate and short-term protection for savers' money during uncertain economic times. In May, top 3-month CDs pay around 3.90%, which can earn savers from about $10 up to nearly $1,000 depending on the deposit amount.
Key Facts
A 3-month CD locks in a fixed interest rate for about 90 days.
Current top 3-month CD rates are about 3.90% annual percentage yield (APY).
Interest earnings vary by deposit size; for example, $1,000 earns about $9.61, $10,000 earns about $96.11, and $100,000 earns about $961.06 over 3 months.
CDs protect your original deposit while earning interest, even if market rates change.
High-yield savings accounts offer slightly higher rates (~4.03%) and more liquidity but have variable rates that can change.
CDs require keeping money locked in for the term, meaning you can’t easily withdraw without penalties.
The 3-month CD is useful for those wanting guaranteed interest and short-term financial security during economic uncertainty.
After 3 months, savers can reconsider their financial strategy based on the economy’s condition.
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The United Arab Emirates (UAE) has left OPEC, the group that helps set oil production levels. This move increases the amount of extra oil available and may lead other countries like Kazakhstan and Venezuela to leave, making OPEC less powerful in controlling world oil prices.
Key Facts
The UAE has exited OPEC, the Organization of the Petroleum Exporting Countries.
This exit frees up about one million barrels of oil per day as spare capacity.
Kazakhstan and Venezuela might also leave OPEC in the future.
OPEC’s influence on global oil prices is expected to decrease due to these changes.
Chris Weafer is the CEO of Micro-Advisory Partners and provided this analysis.
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Thermos is recalling about 8.2 million bottles and jars. The company warns that the stopper can pop out forcefully when opened if food or drinks stay inside for a long time.
Key Facts
Thermos recalled 8.2 million bottles and jars.
The stopper can come out suddenly with force.
This happens if food or drinks are left inside the containers for too long.
There have been three reports of people losing vision linked to this problem.
The recall aims to prevent further injuries.
Consumers are advised to stop using the affected products.
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An annuity lets you turn a lump sum of money into steady monthly income during retirement. A $100,000 annuity bought at age 60 could pay between about $446 and $530 per month, depending on factors like gender, payout type, and current interest rates.
Key Facts
An annuity converts a one-time payment into regular income, helping provide stable money in retirement.
For a 60-year-old man, a $100,000 annuity might pay about $530 per month for life or less with other payout options.
For a 60-year-old woman, payments are slightly lower, around $503 per month for life, because women live longer on average.
Adding guarantees like payments for a certain number of years or joint life with a spouse lowers the monthly payout.
Annuity payouts depend on the interest rates when you buy: higher rates mean higher payments.
Buying an annuity at age 60 usually pays less per month than buying one at an older age since the insurer expects to pay for a longer time.
These figures are estimates and can vary based on the specific contract and market conditions.
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Americans lost almost $21 billion to fraud last year, with scams involving cryptocurrencies causing the biggest share of losses. Experts say Congress should create rules for digital currencies that match the rules banks follow to stop criminals.
Key Facts
Americans lost about $21 billion due to fraud in one year.
Cryptocurrency scams caused the largest part of these losses.
There are currently fewer rules for digital asset platforms than for banks.
Banks follow anti-money laundering rules and the Bank Secrecy Act.
Experts want Congress to apply these same rules to cryptocurrency platforms.
The goal is to prevent criminals from exploiting gaps in regulations.
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The new Blair Witch Project reboot will include original team members as producers after they expressed frustration about being left out. The original film was a huge financial success, and the new version aims to bring the classic story to a new generation with involvement from the original creators.
Key Facts
The original Blair Witch Project was made for $35,000 and earned $248 million.
Lionsgate and Blumhouse announced the 2024 reboot of the Blair Witch Project.
Original team members, including actors Joshua Leonard and Michael C. Williams, and directors Eduardo Sánchez and Daniel Myrick, are now executive producers.
The original creators had been excluded from the 2000 and 2016 sequels, which were not successful.
Joshua Leonard and Ben Rock publicly expressed frustration about being left out of the new film initially.
Heather Donahue, original cast member, shared mixed feelings about the sequels and her role being used without her full consent.
The new film will be directed by Dylan Clark, who has experience with horror shorts.
Jordan Peele and Sam Raimi are attached as producers for a related project.
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Scientists have found large amounts of lithium in the Appalachian Mountains that could supply the U.S. for hundreds of years. Lithium is important for batteries in electric vehicles and clean energy, but mining it will face challenges like strict rules, environmental concerns, and costs.
Key Facts
The U.S. Geological Survey (USGS) estimates lithium in the Appalachians could replace U.S. imports for 328 years at current use levels.
The Northern Appalachians, mainly western Maine, hold about 900,000 metric tons of lithium in hard rock called pegmatite.
The Southern Appalachians, from Maryland to Alabama, may contain up to 1.4 million metric tons, mostly in the Carolinas.
Lithium in rock must be mined using traditional mining methods, unlike extraction from salty water used elsewhere.
No new lithium mines have been officially planned or announced yet in the Appalachian region.
Mining would need to overcome strict environmental rules, public opposition, and long approval processes in states like Maine.
Potential benefits include job creation, tax revenue, infrastructure investment, and support for clean energy industries.
Interior Secretary Doug Burgum highlighted the findings as a key step toward U.S. mineral independence under President Donald Trump’s administration.
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A key measure of inflation increased significantly in March due to rising gas prices linked to the Iran war. This rise in prices is making it harder for the Federal Reserve to lower interest rates soon.
Key Facts
The inflation gauge monitored by the Federal Reserve rose 0.7% in March compared to February.
Prices increased 3.5% from a year ago, the largest rise in nearly three years.
Core inflation, which excludes food and energy prices, rose 0.3% in March from the previous month.
Core inflation was 3.2% higher than a year ago, up from 3% in February.
Higher gas prices are linked to the ongoing conflict involving Iran.
The Federal Reserve is likely to delay cutting interest rates because of the higher inflation.
Inflation affects the overall cost of living for consumers.
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Amazon is thinking about bringing back the TV show "The Apprentice." They might have Donald Trump Jr. as the host, but no official talks have occurred with the Trump family yet.
Key Facts
Amazon is considering restarting the show "The Apprentice."
Donald Trump Jr. is a possible choice to host the new version.
The discussions are in the early stages.
Amazon executives have not yet contacted the Trump family.
"The Apprentice" is a TV show originally hosted by President Donald Trump.
This news has not been confirmed officially by Amazon or the Trump family.
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Rising oil and gas prices caused by the U.S. conflict with Iran are hurting President Donald Trump’s claims of a strong U.S. economy. Higher energy costs have increased inflation, making it harder for the Federal Reserve to consider cutting interest rates soon.
Key Facts
The conflict with Iran began on February 28, affecting global oil shipments through the Strait of Hormuz.
The Strait of Hormuz is crucial, handling about a quarter of the world’s oil before the war.
Global oil prices have reached a four-year high, causing U.S. gas prices to rise sharply.
Higher energy prices are pushing inflation up at a time when it was already high.
The Federal Reserve recently kept interest rates steady due to uncertainty from the conflict.
Before the conflict, experts expected the Fed to cut interest rates starting in 2026 to help the economy.
Ongoing disruptions around the Strait of Hormuz could keep inflation high through 2026 and beyond.
President Trump had earlier praised the economy as “roaring,” but the conflict challenges that view.
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