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Monday, May 19

Josh Boak

Trump’s tariffs may mean Walmart shoppers pay more, his treasury chief acknowledges - AP News

Treasury Secretary Scott Bessent has acknowledged that Walmart, the largest U.S. retailer, may pass along some of the costs from President Donald Trump’s tariffs to its shoppers through higher prices. Bessent on Sunday described his call with the company’s CE…

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TheStreet

Costco quietly makes payment change members will love - TheStreet

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FDA approves Novavax COVID-19 vaccine, but with unusual restrictions on its use - PBS

In its Friday approval letter, the FDA didn’t explain the restrictions although they reflect skepticism about vaccines from Health Secretary Robert F. Kennedy Jr. and other Trump officials.

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Alexandra Semenova, Carmen Reinicke, Anya Andrianova

Investors Await Another Monday Jolt After Moody’s Downgrades US - Bloomberg.com

Investors face yet another bumpy start to the trading week, although it’s mounting concern over US debt rather than tariffs likely generating the volatility this time.

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KSHB 41 News Staff

Spectrum says services restored after fiber optic lines cut - KSHB 41 Kansas City

A spokesperson for Spectrum Cable cited a “criminal act” Saturday that knocked out service to customers across Kansas City.

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Alison Snyder, Dave Lawler

Trump's Gulf gamble: Helping UAE and Saudi become AI powers - Axios

The lasting legacy of Trump's trip may be the transformation of the Gulf into a an AI powerhouse.

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Sophia Fanning

Bahama Breeze closes 5 Florida locations - WFLA

Caribbean-themed restaurant Bahama Breeze is closing 15 locations across the country, USA TODAY reported.

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Business Wire

Capital One Completes Acquisition of Discover - Business Wire

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A Texas salesman discovers the truth about 'Made in the U.S.A': no one's buying - NPR

A shower head vendor in Texas asked customers if they'd be willing to pay more for a product that was made in the USA. The answers poured cold water on claims of patriotic purchases.

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Megan Liscomb

'It's Real Y'all': People Are Sharing Their Tariff Receipts, And My Wallet Is Not Ready For What's Coming - HuffPost

"The product cost is $524 and the tariff charge is $890."

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John Sharp | jsharp@al.com

Gulf Shores International Airport opens Wednesday with Allegiant Air’s first Alabama service - AL.com

Gulf Shores International Airport to host, for first time ever, commercial flights starting on Wednesday.

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Jessica Yadegaran

Barbecue and a stellar burger come with ocean views at new Bay Area restaurant - SFGATE

Breakwater Barbecue, in the tiny town of El Granada, is known for brisket, ribs and an exceptional burger, all with Highway 1 ocean views.

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Boycotting Target: A WSJ Podcast Series - WSJ

A special two-episode series about the retailer’s rollback of DEI policies and the possible impact of consumers’ boycott on the company and the Black entrepreneurs with products on Target’s shelves

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TheStreet

Billionaire fund manager unloads 600 million of Tesla stock - TheStreet

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