2026-05-11
Virginia Democrats petition SCOTUS on maps. Oil climbs as Iran–US talks stall. Markets absorb the chaos.
Good evening. Virginia goes to the Supreme Court. Iran and the U.S. failed to agree on anything. Oil did what oil does. The day broke no new ground but sharpened a few existing divides.
What Actually Happened
Virginia Democrats asked the Supreme Court to restore their congressional map, days after state courts blocked it. The map was designed to favor Democrats in the midterms. Courts will rule on it anyway.
The New York Times word game is becoming a TV show. NBC will air it in primetime. Anchor Savannah Guthrie hosts. Five-letter puzzles, supercharged, for broadcast audiences.
US and Iran failed to agree on terms to end their war. Bond yields fell, oil advanced. Fundstrat's Hardika Singh notes tech earnings, not war, are moving stocks. The market is multitasking.
California man charged with attempting to assassinate Trump at the White House Correspondents' dinner. Plea entered. Case proceeds.
Second impeachment in two years. Lawmakers voted. She remains in office. This is the pattern now.
Seven interviews lined up for summer: Pam Bondi, Bill Gates, and others. The investigation into Jeffrey Epstein continues. Congress, finally, is asking questions.
Energy costs and Middle East geopolitical tensions keep inflation elevated. Rate cuts now expected December 2026 or March 2027. The Fed waits. Goldman waits. We all wait.
US president calls temporary peace deal unacceptable. Heads to China later this week. The ceasefire, he says, is on life support.
- Dua Lipa sues Samsung for $15 million
- Trump rejects Iran proposal as 'totally unacceptable' and more top headlines
- Retail Is Flooding Into the Chipmaker Rally as Moves Get Extreme
- Dream Finders offers $704M for Beazer Homes
- Musk, Cook join Trump's China delegation
- Trump wants to suspend the federal gas tax as prices soar amid war with Iran
- Iran vows to fight; Trump rejects peace offer
- Rates Just One Factor for Stablecoin Growth, Says Circle CEO
- Inside the Elon Musk-OpenAI Trial Courtroom
- Consumers Still Buying Beauty Products That 'Matter to Them,' Says Sally Beauty CEO
"Worth paying attention to. Don't doomscroll."
"Below the radar. Statistically rare; enjoy it."
Maps, oil, and impeachments. Politics stayed loud. Markets absorbed it anyway.
Back at 7:00 AM ET with the morning shot brief.