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Traders on New York Stock Exchange floor celebrating S&P 500 closing at fresh all-time high of 7230 as Apple earnings and Iran peace hopes lift markets May 1 2026

Apple Surged 3%. Spirit Airlines Is Done. The S&P 500 Hit a Record. And the Week That Was Supposed to Break the Market Didn’t.

NEW YORK, May 2, 2026 — How the S&P 500 Posted Its Best Month Since November 2023 During a War April 2026 should have been a terrible month for equities. Q1 GDP growth came in at just 0.3% — the…

  • Harshit Kumar
  • May 2, 2026
  • Breaking news
President Trump signing formal War Powers notification to Congress declaring Iran hostilities terminated as US naval blockade of Iranian ports remains active May 1 2026

Trump Told Congress the Iran War Is “Terminated.” The Navy Blockade Is Still Running. Iran Says It Never Agreed to That.

WASHINGTON, May 2, 2026 — President Trump sent a formal notification to Congress on Friday declaring that hostilities with Iran have been “terminated” — a legally significant communication delivered precisely on the 60-day War Powers Resolution deadline — even as…

  • Harshit Kumar
  • May 2, 2026
  • Breaking news
Defense Secretary Pete Hegseth testifying before Senate Armed Services Committee claiming ceasefire pauses War Powers Resolution 60 day deadline for Iran war April 30 2026

Trump’s War Powers Deadline Passed Friday. Hegseth Says the Ceasefire “Pauses” the Clock. Congress Left Town. Nobody Is Sure What the Law Requires.

WASHINGTON, May 2, 2026 — Friday marked a legally significant moment in the U.S.-Israel war against Iran — the 60-day deadline under the War Powers Resolution by which President Trump was required to either end the fighting, obtain congressional authorization…

  • Harshit Kumar
  • May 2, 2026
  • Health
Mifepristone medication abortion pill pack on medical desk as Fifth Circuit Court of Appeals blocks nationwide mailing of drug used in 63 percent of US abortions May 2026

A Federal Court Just Blocked the Mailing of the Most Common Abortion Drug in America. Here’s What It Means for the 63% of Abortions That Rely on It.

WASHINGTON, May 2, 2026 — What Mifepristone Is — and Why the Mailing Pathway Matters Mifepristone is a synthetic steroid that works by blocking progesterone — a hormone essential for maintaining a pregnancy. It is used in combination with misoprostol…

  • Harshit Kumar
  • May 2, 2026
  • Breaking news
American driver at gas station pump with price display showing $4.30 per gallon as Brent crude oil surges to $126 barrel during Iran war May 1 2026

Brent Crude Just Hit $126. Gas Is $4.30 a Gallon. The Iran War Has Now Produced the Most Expensive Oil Since July 2022.

WASHINGTON / LONDON, May 1, 2026 — Brent crude oil surged past $126 a barrel in early trading Thursday — the highest price since July 2022 — as the Iran war entered its tenth week with no ceasefire extension in…

  • Harshit Kumar
  • May 1, 2026
  • Health
Medicare beneficiary reviewing GLP-1 prescription coverage documents showing $50 monthly copay cap for Ozempic and Wegovy under BALANCE Model effective January 2026

Medicare Just Started Covering Ozempic and Wegovy for Weight Loss. Here’s Who Qualifies, What It Costs, and What Most Beneficiaries Still Don’t Know.

WASHINGTON, May 1, 2026 — What Changed — and Why It Took This Long For most of Medicare’s history, weight-loss drugs were explicitly excluded from coverage. Congress wrote that exclusion into law when Medicare Part D was created in 2003.…

  • Harshit Kumar
  • May 1, 2026
  • Economic News
Federal Reserve building in Washington as economists debate whether Fed should cut rates after US GDP shrinks 0.3 percent in first quarter 2026

US GDP Shrank 0.3% in Q1 2026 — The First Contraction in Three Years and What It Means for Recession Risk

WASHINGTON, APRIL 30, 2026 — The number that landed Wednesday morning — a 0.3% annualized contraction in US gross domestic product for the first quarter of 2026 — is simultaneously the most alarming economic headline in three years and a…

  • Harshit Kumar
  • April 30, 2026
  • Breaking news
Supreme Court building in Washington after 6-3 ruling in Louisiana v Callais striking down majority Black congressional district and weakening Voting Rights Act April 29 2026

Supreme Court Guts the Voting Rights Act in 6-3 Ruling — And Florida Acted Within Hours

WASHINGTON, APRIL 30, 2026 — The Supreme Court delivered one of the most consequential voting rights decisions in a generation Wednesday, striking a new blow to the Voting Rights Act in a 6-3 ruling along partisan lines that legal scholars…

  • Harshit Kumar
  • April 30, 2026
  • Economic News
Retirement saver reviewing IRA and 401k contribution limit changes for 2026 at desk showing new $7500 IRA limit and $24500 401k employee contribution ceiling

The IRA and 401(k) Rules Changed Again in 2026. Here’s Every Number That Affects Your Retirement — and the Four Mistakes That Cost Retirees the Most.

WASHINGTON, April 30, 2026 — Every Limit That Changed — Side by Side Account Type 2025 Limit 2026 Limit Change Traditional IRA (under 50) $7,000 $7,500 +$500 Traditional IRA (50 and older) $8,000 $8,600 +$600 Roth IRA (under 50) $7,000…

  • Harshit Kumar
  • April 30, 2026
  • Breaking news
Federal Reserve Chair Jerome Powell speaking at press conference after FOMC vote to hold benchmark interest rates steady in 8-4 split decision April 29 2026

The Fed Just Split 8 to 4. Powell Held Rates — and May Have Just Held His Last Meeting. Warsh Is One Senate Vote Away.

WASHINGTON, April 30, 2026 — The Federal Reserve held its benchmark interest rate steady Wednesday in what may have been Chair Jerome Powell’s final meeting at the helm — but the vote was anything but routine. In what officials described…

  • Harshit Kumar
  • April 30, 2026
  • Sports and Entertainment
Victor Wembanyama celebrating San Antonio Spurs first playoff series win since 2017 after defeating Portland Trail Blazers in five games April 28 2026

Spurs Advance, Embiid Forces Game 6, Brunson Drops 39: Tuesday Night Delivered Everything

NEW YORK, APRIL 29, 2026 — Tuesday’s NBA playoff triple-header was the best single night of basketball since the playoffs began. Three games, three distinct storylines — a dynasty in the making getting its first series win, a historic comeback…

  • Harshit Kumar
  • April 29, 2026
  • Breaking news
Supreme Court building in Washington as justices hear arguments on Trump administration effort to end temporary protected status for 350,000 Haitians and 6,000 Syrians April 29 2026

Supreme Court Hears Case That Could Strip Legal Status from 350,000 Haitians and 6,000 Syrians

WASHINGTON, APRIL 29, 2026 — The Supreme Court heard oral arguments Wednesday in two consolidated immigration cases that could give the Trump administration the authority to strip Temporary Protected Status from more than 350,000 Haitians and roughly 6,000 Syrians living…

  • Harshit Kumar
  • April 29, 2026
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