The Trump administration won’t tap $5 billion in contingency funds to keep food aid flowing, so no SNAP payments will go out next weekend

The recent US strikes in the Caribbean have sparked significant controversy, with critics accusing the Trump administration of conducting extrajudicial killings of alleged drug traffickers. This raises serious legal and ethical questions about the use of military force in such operations, highlighting the potential for abuse of power and the implications for international law. As the debate intensifies, it is crucial to consider the broader impact on human rights and the rule of law.

The U.S. has imposed sanctions on Colombia's president, Gustavo Petro, and his family, citing allegations of drug trafficking. This move marks a significant escalation in tensions between Petro's administration and the Trump administration, highlighting the ongoing challenges Colombia faces in combating drug-related issues. The sanctions could have far-reaching implications for Colombia's political landscape and its relationship with the U.S., making it a critical moment for both nations.

The Trump administration's recent military action in the Caribbean, which resulted in the destruction of a drug vessel and the deaths of six individuals, raises significant concerns about the ongoing battle against drug trafficking in the region. This incident highlights the lengths to which authorities are willing to go to combat the drug trade, but it also sparks debates about the implications of such forceful measures and the potential for collateral damage.

Stifel has downgraded Snap's stock to a 'Sell' rating due to concerns over slowing ad revenue growth. This decision reflects broader worries about the company's financial health and its ability to compete in the digital advertising space. Investors should pay attention to this downgrade as it may signal further challenges for Snap in maintaining its market position.

Elon Musk has publicly criticized NASA leader Sean Duffy, highlighting tensions between the billionaire and members of the Trump administration. This conflict arises as Duffy threatens to reconsider a crucial lunar contract, which could impact future space exploration efforts. Musk's remarks not only reflect his frustration but also underscore the ongoing challenges in public-private partnerships in the space sector.

Australia has initiated legal proceedings against Microsoft, alleging that the tech giant misled approximately 2.7 million customers regarding its products and services. This case is significant as it highlights the ongoing scrutiny of large corporations and their accountability to consumers, potentially setting a precedent for how tech companies communicate with their users.

Dow futures surged by 300 points as optimism grows over a potential ceasefire in the U.S.-China trade war. This positive momentum is further fueled by Wall Street's anticipation of another Federal Reserve rate cut and upcoming earnings reports from major tech companies like Meta, Microsoft, and Alphabet. With Apple and Amazon also set to report soon, investors are hopeful that these earnings will reflect strong performance, which could bolster market confidence and economic stability.

Perseus Mining has reported strong gold production in its Q1 2025 earnings call, showcasing the company's robust operational performance. This positive trend is significant as it reflects the company's ability to navigate market challenges and capitalize on opportunities, which could lead to increased investor confidence and potential growth in the mining sector.

POET Technologies has successfully raised $150 million through a registered direct offering, marking a significant milestone for the company. This influx of capital is expected to bolster its growth initiatives and enhance its technological advancements, which is crucial in the competitive tech landscape. Investors are optimistic about the potential returns, making this a noteworthy development in the tech sector.

Walmart's collaboration with OpenAI to integrate AI-powered shopping into ChatGPT marks a significant shift in the retail landscape, directly challenging Amazon's dominance. This partnership not only enhances the shopping experience for consumers but also sets a new standard for how retailers can leverage technology to improve search and discovery. As AI continues to evolve, this move could reshape competition in the retail sector, making it an exciting development for both companies and shoppers alike.

UK Chancellor Rachel Reeves is heading to Saudi Arabia to push for a trade deal with Gulf states, aiming to enhance the UK's economic growth ahead of her important budget announcement. This visit is significant as it highlights the UK's commitment to strengthening international trade relationships, which could lead to increased investment and economic opportunities.