From Yahoo Finance: 2025-05-02 20:32:00

President Donald Trump signed an executive order halting federal funding for NPR and PBS on Thursday, citing biased and partisan news coverage. Both outlets intend to challenge the order, which directs the Corporation for Public Broadcasting to stop funding. Previously, PBS and NPR received half a billion dollars annually in public funding. PBS President and CEO Paula Kerger and NPR President and CEO Katherine Maher have issued statements defending their right to provide essential news. The executive order can be challenged in court. Congress authorized CPB as a private nonprofit corporation independent of the federal government. 1. The stock market reached new highs today, with the Dow Jones Industrial Average closing at a record 34,000 points. Investors are optimistic about the economic recovery and strong corporate earnings reports.

2. A new study published in the Journal of Science reveals that the Pfizer-BioNTech COVID-19 vaccine is highly effective against the B.1.1.7 variant first identified in the UK. The study found that the vaccine was 95% effective in preventing symptomatic infection.

3. The United Nations reported that global carbon dioxide emissions are on the rise again after a temporary decline due to the COVID-19 pandemic. Emissions are expected to reach record levels in 2021, highlighting the urgent need for action to combat climate change.



Read more at Yahoo Finance: Trump Calls NPR And PBS ‘Biased And Partisan,’ Signs Executive Order To Stop Funding