Magpie News Collector

Spending in the U.S. just slumped, and Bank of America isn’t sure why

By MarketWatch.com | Steve Goldstein | 5/8/2026 6:24 AM

Something funny just happened in the U.S. economy, according to Bank of America after the nation’s number-two bank looked at credit- and debit-card use by its customers. ... Read full Story

finance

‘The S&P 500 seems to be doing particularly well’: I’m 66. Is this a good time to invest $100,000 in the stock market?

By MarketWatch.com | Quentin Fottrell | 5/8/2026 5:00 AM

“I own my home and I have no debt.” ... Read full Story

finance

AI infrastructure boom can continue as long as returns outweigh financing costs

By MarketWatch.com | Jules Rimmer | 5/8/2026 4:57 AM

If spending on artificial intelligence is a marathon, its finish line is not even in sight. ... Read full Story

finance

Momentum stocks just saw one of the biggest reversals in five years. What usually happens next.

By MarketWatch.com | Steve Goldstein | 5/8/2026 4:21 AM

There had been ample warnings that stocks with price momentum had shot up too quickly, and on Thursday gravity reasserted itself. ... Read full Story

finance

Oil futures rise after U.S., Iran trade fire; stock futures quiet after court rejects Trump’s tariffs

By MarketWatch.com | Mike Murphy | 5/7/2026 8:35 PM

Oil futures moved higher late Thursday while stock-index futures were little changed after the U.S. and Iran exchanged fire in the Persian Gulf, and after a federal court struck down President Donald Trump’s backup tariff plan. ... Read full Story

finance

Cloudflare to cut 20% of staff in a big bet on AI. Investors aren’t sold.

By MarketWatch.com | William Gavin | 5/7/2026 8:32 PM

The company’s stock falls as co-founders say the layoffs are “not a cost-cutting exercise.” ... Read full Story

finance

Iren’s stock soars as a major Nvidia investment overshadows revenue shortfall

By MarketWatch.com | Christine Ji | 5/7/2026 8:30 PM

Nvidia is taking a major stake in Iren to build out a 5-gigawatt global footprint for its AI factory ambitions ... Read full Story

finance

SoundHound’s stock falls as acquisitions weigh on earnings results

By MarketWatch.com | Britney Nguyen | 5/7/2026 8:29 PM

The company said revenue would’ve grown more not counting its recent acquisitions, but analysts say they put SoundHound in a strong position. ... Read full Story

finance

Airbnb is seeing some of its fastest growth from this surprising segment

By MarketWatch.com | Bill Peters | 5/7/2026 8:26 PM

The travel app has seen some demand disruptions from the Iran war, but is showing early success with its recent pivot into offering hotel bookings ... Read full Story

finance

AI is coming for your job after all. These new announcements prove it.

By MarketWatch.com | Emily Bary | 5/7/2026 8:17 PM

The tech sector is leading a rush of mass layoffs. Cloudflare, Upwork, Bill outlined big cuts on Thursday, following Coinbase’s announcement earlier in the week. ... Read full Story

finance

5 reasons stocks are rallying in the face of an oil-price shock

By MarketWatch.com | Joseph Adinolfi | 5/7/2026 8:14 PM

U.S. stocks were lower Thursday but still higher for the week, with the S&P 500 on the verge of breaking above 7,400 for the first time ever. ... Read full Story

finance

CoreWeave shares plunge. Revenue doubles but AI costs are rising.

By MarketWatch.com | Christine Ji | 5/7/2026 6:46 PM

Shares of CoreWeave fell 9% in after-hours trading as investors considered shrinking margins and lower-than-expected revenue guidance ... Read full Story

finance

There’s a new worry keeping Treasury yields and borrowing costs higher

By MarketWatch.com | Joy Wiltermuth | 5/7/2026 6:41 PM

Oil, the Iran war and inflation risks are putting a new floor under longer-duration Treasury yields ... Read full Story

finance

Investors should seek to profit from this overlooked sector, according to hedge-fund CIOs

By MarketWatch.com | Jules Rimmer | 5/7/2026 8:51 AM

Refineries are expensive and time-consuming to build. The current spreads reflect the shortage of refining capacity and the end of the Iran crisis won’t change the pricing dynamic that quickly. ... Read full Story

finance

Record oil exports could drive U.S. diesel and gas supply shortages just as summer travel starts

By MarketWatch.com | Myra P. Saefong | 5/7/2026 8:49 AM

Diesel supplies sink to about a 20-year low as prices jump to $5.67 a gallon nationally — and it isn’t yet peak summer travel ... Read full Story

finance

Bitcoin’s unusual technical action points to a crypto bull market, says Fundstrat’s Tom Lee

By MarketWatch.com | Barbara Kollmeyer | 5/7/2026 8:41 AM

Lee says activity in recent months point to a bullish phase for cryptocurrencies. ... Read full Story

finance

Are businesses really starting to hire again? The April jobs report will help clue us in.

By MarketWatch.com | Jeffry Bartash | 5/7/2026 8:39 AM

Are companies adding more workers after an unusually weak stretch of hiring? The jury is out, but signs of recovery in the labor market are emerging. ... Read full Story

finance

Ageism is still an acceptable bias among employers — and it’s costing shareholders billions

By MarketWatch.com | Elizabeth White | 5/7/2026 8:10 AM

Discarding experienced workers isn’t a strategy — it’s corporate self-sabotage that AI won’t fix. ... Read full Story

finance

Middle managers are on the chopping block in the AI workplace. Here’s how to save your job.

By MarketWatch.com | Andrew Keshner | 5/7/2026 8:00 AM

AI has taken the corporate quest for efficiency to a new level — and it’s middle managers who seem to be getting left behind. ... Read full Story

finance

Kevin Warsh’s undisclosed wealth leaves a $100 million mystery atop the Federal Reserve

By MarketWatch.com | Charlie Garcia | 5/7/2026 7:55 AM

The Fed chair nominee has filed 69 pages about his finances that mostly tell you what he won’t tell you. The Senate is about to confirm him anyway. ... Read full Story

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art

Hilary Pecis Paints Saturated Snapshots of West Coast Life

by Colossal | May 08 2026

auto

Lamborghini's Hottest V12 Roadster Ever Is Almost Here

by carbuzz.com | May 08 2026

basketball

2026 NBA Draft Lottery: Each team's odds of landing the first overall pick

by CBS Interactive Inc | May 08 2026

beauty

Miley Cyrus' Oscars 2025 Hair Would Have Been Perfect If Not For One Fatal Flaw

by The List | Mar 02 2025

book

All hail California noir

by BookPage | May 08 2026

food

The best old-fashioned in Hong Kong was before I even got on the plane

by THE MANUAL | May 08 2026

football

DraftKings Super Bowl Promo Code: Get Extended $300 Seahawks-Patriots Bonus

by ESNY | Feb 08 2026

how_to

Giro d'Italia 2026: How to Watch a UCI World Tour Cycling Livestream for Free

by CNET | May 07 2026

long_island

Knicks playoff fever has Long Island restaurants axing ‘Philly’ on cheesesteaks

by greaterlongisland.com | May 08 2026

metro

Beloved Bay Area pizzeria owner’s stunning reason for closing up shop

by New York Post | May 08 2026

nutrition

I Prioritized Protein at Every Meal for a Month—Here’s How It Affected My Body

by thehealthy.com | Apr 07 2026

opinion

Gavin Newsom’s Prop 50 gambit comes back to haunt California

by New York Post | May 08 2026

sports

Pelé's life in pictures

by CNN | Apr 16 2023

travel

The Wild One – Sir David Attenborough Interview

by Wanderlust | May 07 2026

upstate

35 new Hometown Heroes Banners unveiled to hang in Downtown Schenectady

by NEWS10 ABC | May 08 2026

Word of the Day

wistful

Merriam-Webster's Word of the Day for May 8, 2026 is:

wistful • \WIST-ful\ • adjective

To be wistful is to have sad thoughts and feelings about something that you want to have or do, and especially about something that made you happy in the past. Wistful can also describe something, such as a smile or sigh, that shows or communicates such feelings.

// As the car pulled away, Lea cast one last wistful glance at the house where she'd spent so many happy years.

See the entry >

Examples:

"Postcards have always been an object of fascination for me. I remember flipping through photo albums as a young girl and coming across those sent to my parents, from people I had never met. When I asked who these people were, I would hear wistful stories." — Minoli Wijetunga, The Guardian (London), 10 Jan. 2026

Did you know?

We see you there, dear reader, gazing silently up at the moon, heart aching to know the history of wistful, as if it could be divined on the lunar surface. And we'd like to ease your melancholy by telling you that the knowledge you seek—nay, pine for—is closer at hand. The word wistful comes from wistly, a now-obsolete word meaning "intently," and the similar-sounding wishful. Wistly, in turn, likely comes from whist, an old term meaning "silent." What's more certain is that our modern wistful is a great word to describe someone full of pensive yearning, or something inspiring such yearning.

Spending in the U.S. just slumped, and Bank of America isn’t sure why

‘The S&P 500 seems to be doing particularly well’: I’m 66. Is this a good time to invest $100,000 in the stock market?

AI infrastructure boom can continue as long as returns outweigh financing costs

Momentum stocks just saw one of the biggest reversals in five years. What usually happens next.

Oil futures rise after U.S., Iran trade fire; stock futures quiet after court rejects Trump’s tariffs

Cloudflare to cut 20% of staff in a big bet on AI. Investors aren’t sold.

Iren’s stock soars as a major Nvidia investment overshadows revenue shortfall

SoundHound’s stock falls as acquisitions weigh on earnings results

Airbnb is seeing some of its fastest growth from this surprising segment

AI is coming for your job after all. These new announcements prove it.

5 reasons stocks are rallying in the face of an oil-price shock

CoreWeave shares plunge. Revenue doubles but AI costs are rising.

There’s a new worry keeping Treasury yields and borrowing costs higher

Investors should seek to profit from this overlooked sector, according to hedge-fund CIOs

Record oil exports could drive U.S. diesel and gas supply shortages just as summer travel starts

Bitcoin’s unusual technical action points to a crypto bull market, says Fundstrat’s Tom Lee

Are businesses really starting to hire again? The April jobs report will help clue us in.

Ageism is still an acceptable bias among employers — and it’s costing shareholders billions

Middle managers are on the chopping block in the AI workplace. Here’s how to save your job.

Kevin Warsh’s undisclosed wealth leaves a $100 million mystery atop the Federal Reserve

E*TRADE

TD Ameritrade

Hilary Pecis Paints Saturated Snapshots of West Coast Life

Lamborghini's Hottest V12 Roadster Ever Is Almost Here

2026 NBA Draft Lottery: Each team's odds of landing the first overall pick

Miley Cyrus' Oscars 2025 Hair Would Have Been Perfect If Not For One Fatal Flaw

All hail California noir

The best old-fashioned in Hong Kong was before I even got on the plane

DraftKings Super Bowl Promo Code: Get Extended $300 Seahawks-Patriots Bonus

Giro d'Italia 2026: How to Watch a UCI World Tour Cycling Livestream for Free

Knicks playoff fever has Long Island restaurants axing ‘Philly’ on cheesesteaks

Beloved Bay Area pizzeria owner’s stunning reason for closing up shop

I Prioritized Protein at Every Meal for a Month—Here’s How It Affected My Body

Gavin Newsom’s Prop 50 gambit comes back to haunt California

Pelé's life in pictures

The Wild One – Sir David Attenborough Interview

35 new Hometown Heroes Banners unveiled to hang in Downtown Schenectady

Word of the Day

10 Odd & Fun

1.Watch: Idaho man balances skateboard on his chin for over an hour

2.Woman's first-ever $5 lottery ticket earns $200,000 prize

3.Watch: Venomous cottonmouth snake approaches front door of Florida home

4.Watch: Colorado police officer rescues skunk with head stuck in cup

5.Watch: Mexican performer lifts 166.11 pounds with her hair

6.Bite marks offer clues to escaped capybara's whereabouts

7.Watch: Bear's attempted bakery break-in caught on camera in Tennessee

8.Clerk's ticket mix-up doubles Ohio man's lottery prize to $50,834

9.Watch: Century plant begins rare bloom outside Mississippi business

10.Watch: Neighbors discover bees living in Philadelphia sewer