Go No Further than This for Your News

Go no further than this. Today I offer you a lightning synopsis of the day's most pressing news stories. Turn the TV off, skip the 9 o’clock news, and sit down with me as I share all the riveting developments.

1.) The Springsteen-Trump feud. After Bruce Springsteen opened a concert in England by calling Trump "corrupt, incompetent, and treasonous," Trump suggested that Springsteen had best keep his mouth shut until he was back in the U.S. Then, should the rocker say something like that, Trump said, "we'll see how it goes for him." Later in the day, Trump called for a "major investigation" into Springsteen, Beyoncé, and Bono for having performed at Kamala Harris rallies during the campaign. Trump alleged that they were paid for their appearances and that this constituted illegal endorsements, as candidates are not allowed to pay for endorsements.

2.) The Supreme Court's TPS decision. TPS stands for Temporary Protected Status, which allows immigrants already in the U.S. to stay if there is danger in their home country. It is separate from the standard refugee program. Anyway, the High Court ruled that the Trump administration can deport Venezuelans who are on the program — about 350,000 people — a sizable portion of whom live in Florida's Miami-Dade County, where they make up a reasonable share of the labor market in service industries (a rough estimate would be around 10 percent). How will this affect Miami-Dade's economy? How will it affect the Republican-Democratic balance? Miami-Dade County historically leaned Democratic but recently flipped to Republican control. Will businesses reliant on Venezuelan workers push the county back toward the Democratic Party?

3.) The "Big, Beautiful Bill" advances. A House committee approved the measure late Sunday, and there is hope it will finish winding its way through Congress before Memorial Day. Though too complex to fully unpack here, among other things, the bill provides tax cuts for wealthy Americans and others. It eliminates taxes on tips, overtime pay, and Social Security benefits. The bill also removes incentives for purchasing electric vehicles. The Big, Beautiful Bill will also open federal land in Utah and Nevada, allowing private developers to buy the land for housing and fossil fuel development.

4.) CBS News President and CEO Wendy McMahon resigned under pressure from Paramount Global, which in turn is being pressured by the Trump administration to soften coverage of Trump. McMahon's forced resignation comes weeks after the executive producer of the network's "60 Minutes" program resigned, citing concerns over editorial control being dictated from above.

5.) Peace talks reopening in the Russia-Ukraine war. Following a two-hour conversation with Putin, Trump announced that talks would begin immediately.

6.) Israel escalates operations in Gaza. The Israeli military launched "Operation Gideon's Chariots" and ordered the evacuation of Khan Younis, Gaza's second-largest city.

7.) The S&P 500 posted its sixth consecutive winning session as the stock market rally continues.