
Where tariffs stand, ugly gems, best breakfast options: Catch up on the day's stories
👋 Welcome to 5 Things PM! The most popular breakfast food for kids — a bowl of cereal — has gotten even unhealthier. CNN wellness expert Dr. Leana Wen, the mother of two school-age children, offers some better options for what parents can serve instead.
Here's what else you might have missed during your busy day:
1️⃣ Recession risks: President Donald Trump's tariffs — those he has threatened and those he has already enacted — have led some experts to predict that the US economy could enter a recession while also seeing inflation rise. Here's what it means for consumers.
2️⃣ On the lam: Grant Hardin, a former police chief in Arkansas, was serving lengthy prison sentences for murder and rape. Some call him 'evil,' and his brazen escape this week has left a small town on edge and reopened old wounds.
3️⃣ Keeping the faith: Todd and Julie Chrisley built an empire based on religion and family. Then they were convicted of conspiracy to defraud banks out of more than $30 million in loans. Thanks to a presidential pardon, they're embarking on a new chapter.
4️⃣ 'Ugly ducklings': Jewelry experts have always emphasized the importance of the clarity and cut of a gem — until now. Imperfections are no longer taboo as high-end jewelers champion stones with unique inclusions or a lack of sparkle.
5️⃣ Bright lights: The neon signs that used to illuminate Hong Kong have mostly gone dark because of safety concerns and tighter government regulations. Artist Jive Lau opened a studio to help keep the city's neon heritage alive.
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CNN's 5 Things newsletter is your one-stop shop for the latest headlines and fascinating stories to start and end your busy day. Sign up here. 👀 Breaking free: New video obtained exclusively by CNN shows a man escaping the New York City townhouse where he was allegedly tortured and held hostage for weeks in a cryptocurrency extortion scheme.
• Harvard grads celebrate while the school's lawyers eke out another reprieve for international students• Trump met with Jerome Powell to scold him about rates. Powell stressed the Fed is staying out of politics• Israel approves biggest expansion of West Bank settlements in decades
🇬🇧 That's how many Americans have applied for UK citizenship since the start of Trump's second term.
🦍 Back where they belong: Four eastern lowland gorillas that had been captured by wildlife traffickers were reintroduced into the wild in Virunga National Park in the Democratic Republic of the Congo. It's the largest translocation of the critically endangered species.
🎭 Dramatic reunion: The original cast of the hit Broadway musical 'Hamilton' will get back together to perform during the Tony Awards next week at Radio City Music Hall.
🧑⚖️ The prosecution rested its case in Karen Read's retrial. What is she accused of?A. Insurance fraudB. Killing her boyfriendC. Child abuseD. Embezzlement⬇️ Scroll down for the answer.
🫙 Making waves: When Roberto Beltrami was a physics student at Boston University, he was captivated by the work of American artist Dale Chihuly. He decided to take a glassblowing class and started his own workshop at the age of 25. Now he's one of the youngest master glassmakers in Murano, the Italian island renowned for centuries for the glass made there.
👋 We'll see you tomorrow.🧠 Quiz answer: B. Read is accused of striking her boyfriend, an off-duty Boston police officer, with her vehicle and leaving him to die. Test your knowledge with CNN's weekly news quiz in tomorrow's 5 Things newsletter.📧 Check out all of CNN's newsletters.
5 Things PM is produced by CNN's Chris Good, Meghan Pryce, Kimberly Richardson and Morgan Severson.
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Fox News
14 minutes ago
- Fox News
Trump pushes 'Big, Beautiful Bill' as solution to four years of Biden failures: 'Largest tax cut, EVER'
President Donald Trump turned to social media on Monday evening to sell Americans on his vision for the "Big, Beautiful Bill," calling it an opportunity to turn the U.S. around after what he called "four disastrous years" under former President Joe Biden. The House passed the spending bill in late May and it is now in the Senate's hands. "We will take a massive step to balancing our Budget by enacting the largest mandatory Spending Cut, EVER, and Americans will get to keep more of their money with the largest Tax Cut, EVER, and no longer taxing Tips, Overtime, or Social Security for Seniors — Something 80 Million Voters supported in November," Trump said in a post on Truth Social. "It will unleash American Energy by expediting permitting for Energy, and refilling the Strategic Petroleum Reserve. It will make American Air Travel GREAT AGAIN by purchasing the final Air Traffic Control System." The president said the bill includes the construction of The Gold Dome, which he says will secure American skies from adversaries. The bill will also secure the border by building more of the wall and "supercharging the deportation of millions of Criminal Illegals" that he said Biden allowed into the U.S. "It will kick millions of Illegals off Medicaid, and make sure SNAP is focused on Americans ONLY! It will also restore Choice and Affordability for Car purchases by REPEALING Biden's EV Mandate, and all of the GREEN NEW SCAM Tax Credits and Spending," Trump wrote. "THE ONE, BIG, BEAUTIFUL BILL also protects our beautiful children by stopping funding for sick sex changes for minors." The Senate returned to Washington on Monday, and in his post, Trump called on his Republican allies in Congress to work quickly to get the bill on his desk before July 4. In a separate post, Trump addressed what he referred to as false statements about the bill, reiterating that it is the "single biggest Spending Cut in History." He noted that there will not be any cuts to Social Security, Medicare or Medicaid, adding they will be saved from "the incompetence of the Democrats." "The Democrats, who have totally lost their confidence and their way, are saying whatever comes to mind — Anything to win!" Trump said. "They suffered the Greatest Humiliation in the History of Politics, and they're desperate to get back on their game, but they won't be able to do that because their Policies are so bad, in fact, they would lead to the Destruction of our Country and almost did. "The only 'cutting' we will do is for Waste, Fraud, and Abuse, something that should have been done by the Incompetent, Radical Left Democrats for the last four years, but wasn't," he concluded. Senate Republicans will get their turn to parse through the colossal package and are eying changes that could be a hard sell for House Speaker Mike Johnson, R-La., who can only afford to lose three votes. Congressional Republicans are in a dead sprint to get the megabill — filled with Trump's policy desires on taxes, immigration, energy, defense and the national debt — onto the president's desk by early July. If passed in its current state, the bill is expected to add roughly $3 trillion to the national debt, including interest, according to the Committee for Responsible Federal Budget.

Wall Street Journal
17 minutes ago
- Wall Street Journal
A Doctor vs. the Hospital Lobby on Medicaid
Regarding your editorial 'The Medicaid Scare Campaign' (May 27): I've dealt with this issue after having practiced emergency medicine for more than 30 years in the once Golden State of California. I work in a less affluent urban area of a generally affluent county. In my last two shifts, I saw five new immigrants, all covered by 'Emergency Medi-Cal'—the state's version of Medicaid—for nonemergent conditions. Four arrived by ambulance for drug- or alcohol-related problems, and another had dental issues, having never been seen by a dentist in her home country. One of them asked for a 'general checkup' at midnight once he sobered up. California started by offering prenatal care to immigrant mothers many years ago, in the hope this would improve maternal and pediatric outcomes. The Democratic Legislature rapidly expanded that coverage to all for emergencies, while ignoring the high cost of care in the emergency departments vs. that of clinics. The general public doesn't comprehend the concept of true emergencies, and my state has become a magnet for people seeking all the free stuff.


Forbes
20 minutes ago
- Forbes
Baron Davis On How The Charlotte Hornets Can End Their Playoff Drought: ‘For One, They Have To Be Healthy'
It's hard to believe it, but the Charlotte Hornets haven't won a playoff series since Baron Davis suited up for them. The former two-time All-Star guard played for the Hornets from 1999 until 2005. Davis was the face of the franchise after the team selected him with the third overall pick in the 1999 NBA Draft. The 6-foot-3 guard led Charlotte to the playoffs during all five full seasons he was with the team, leading them to their last playoff series win in 2002. Flash forward 23 years later and the Hornets haven't won a playoff series since. Charlotte has the longest current NBA playoff series win drought and the longest postseason appearance drought, with their last one coming during the 2015-16 season. The Hornets have some key young franchise pieces, including LaMelo Ball, a former All-Star who averaged 25.2 points per game during the 2024-25 season. However, Ball only started 47 games and he was ruled out for the remainder of the season in late March due to two procedures to address ankle and wrist issues. Ball has only appeared in a combined 105 games over the past three since his All-Star appearance in 2022. The injuries to Ball combined to other key pieces of the team such as Brandon Miller and Tre Mann have played a major role in Charlotte's playoff drought. The Hornets finished with a 19-63 record, the third-worst mark in the NBA. "For one, they have to be healthy when you're a young team like that," says Davis in a one-on-one interview when asked what they do need to do get things on the right track. "It's important that your chemistry is on and when you look at Brandon Miller, LaMelo Ball, Tre Mann, all these guys have been hurt over the last year and a half, two seasons. "It's really derailed their growth as that next young team that could potentially be scary," Davis continues to say. "The next Detroit or Houston as far as talent. I think for the Hornets, they need to get some able bodies and the right combination of veteran leadership to complement their young superstars." The Hornets have been among the worst teams in the NBA in recent seasons, all coinciding with major injuries to Ball. During the 2023-24 season, Charlotte posted a 21-61 record and during the 2022-23 season, they posted a 27-55 record. For three consecutive years, the Hornets have posted the second-worst record in the Eastern Conference. By comparison, they racked up a respectable 43-39 record during the 2021-22 campaign, the last season Ball was healthy. "We can't really start the process of seeing what you have, where you want to go, setting different goals, until you actually have a full squad, and they've never started and finished the season with the same squad," says Davis. When asked what the Hornets should do with their No. 4 pick in the 2025 NBA Draft, Davis says that if he was the general manager, he would be "exploring all options." "If I was the GM, I'd be exploring all options," says Davis. "I'd be trying to compliment LaMelo Ball with a veteran star or superstar, somebody that can anchor these young guys. With the fourth pick, there's going to be some great talent. But I think the Hornets are in a good position, because they got a lot of really good young talent and really good young talent that has potential. This can be an incredible off season for them where they can align themselves and put the right team together." While Davis is obviously best known for his 13-year NBA career, he has since made his mark as an entrepreneur. The 46-year-old Davis is making his mark in the business world with "Business Inside The Game," which is a membership community for athletes and entrepreneurs. Davis will be at the Social Innovation Summit on Tuesday and Wednesday in San Francisco, California and is speaking on stage on Wednesday for "A Future Worth Building: Gamechangers in Action" in session. He'll be speaking to attendees on what it means to drive social impact through entrepreneurship. "This is the first one that we're collaborating with Business Inside The Game," says Davis. Our platform and our membership concierge is starting to expand into partnerships with social innovation, which is one of the leading platforms in our space." The former NBA guard has done a few of these events at the Social Innovation Summit and explains why it's important for entrepreneurs or those thinking of becoming one to attend. "As we start looking at sports and entertainment, things are changing," says Davis. "There's going to be new opportunities and new verticals. When you look at the student athlete, the NIL athlete, professional athletes have more opportunities now to treat themselves as entrepreneurs based on the skills they want to develop and the connections and who they want to be when they grow up." Davis' biggest advice to young athletes — many who are already business-minded and entrepreneurs during their college careers — is to "invest in yourself." "Invest in yourself, invest in your education, invest in your skill sets," says Davis. "The same way you would invest in your playing career, some of the things that you want to as an entrepreneur, whatever that industry is, investing your knowledge in that industry. In turn, shadow, find mentors, because that's going to ultimately help you succeed as an entrepreneur." The former All-Star guard will be launching his app for "Business Inside The Game" this year, which is a concierge for executives, entrepreneurs and investors. He details that through membership in the app, members have special access to events behind the scenes and special activations. He also is releasing a business-centric podcast in July of the same name as his company. He name drops guests such as Jack Black, Draymond Green and Russell Westbrook's wife, Nina, who is an entrepreneur herself after starring at UCLA as a basketball player. Davis details how the biggest challenge of being an entrepreneur is the "lonely road" you travel to build your business. "Just learning how to really run a show," says Davis. "as an entrepreneur, you have to do everything for your business. In sports, you already have a team, you already have an institution and people around you. As an entrepreneur, it's more of a lonely road."