BREAKING NEWS BRIEF
A Mexico City subway overpass collapsed overnight, leaving 23 people dead and 70 more in the hospital. At 10:25 p.m., a train had been crossing that elevated portion of the transportation system when the structure came crashing down, falling onto the traffic underneath it.
At one point, officials had to pause their rescue attempts because the subway had still been hanging above the road. One person had been trapped in their car among the debris, but, according to the mayor, that person has since been rescued.
“Our main task is to attend to the people who are in the hospitals, to attend to the relatives of the victims who unfortunately died in this incident,” the mayor said. “The Public Prosecutor’s Office will carry out all the investigations, [and] will make all the expert reports to find out what happened in this accident on line 12 of the subway.”
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MARKET UPDATE
Stock futures are flat after a solid start to May
Stock futures had a strong start to the month of May and held steady through the night.
Futures on the Dow Jones Industrial Average, S&P 500, and Nasdaq 100 were all flat.
The move in futures followed solid gains for the Dow during regular trading hours. The 30-stock benchmark rallied more than 200 points, while the S&P 500 inched up 0.3%.
The Dow and the S&P 500 just posted their consecutive months of gains, bringing their 2021 gains to more than 11% each.
What else should you know going into the trading day today?
More Market Updates
Biden’s tax plan could put a 61% tax rate on inherited wealth
Why investors should ignore the old Wall Street adage ‘Sell in May’
LOOKING TO THE FUTURE
Is Social Security going to last long enough to fund your retirement?
Millions of seniors rely on Social Security to make ends meet, and plenty of workers are planning to do the same. According to a recent survey by the Employee Benefit Research Institute, 87% of current workers expect Social Security to be a top source of income.
That may not be a good idea.
Right now, the future of Social Security is uncertain at best. If you’re still working, you need to know that funding for Social Security is about to get very, very sticky.
Here’s how that could affect your retirement plans.
More Future Planning
3 changes to social security you might not know about (but you definitely need to)
Don’t make the same mistake 42% of other retirees have
HACK YOUR LIFE
Don’t fall victim to these hacks that don’t work
Be aware of the appealing yet implausible tips the internet might trick you with. Though they might seem life-changing at first glance, these life hacks are actually fake and will only be an extra headache.
These hacks have been tested for you, so you don’t have to go through the trouble of finding out for yourself that they are ineffective. Here are the top ten popular life hacks that are fake and don’t work.
More Education Headlines
While these hacks are inventive and certainly funny, don’t try them at home
Little life hacks that are actually great
LEARNING FROM THE PAST
It’s Star Wars Day! But how did ‘May the fourth be with you’ get its start?
More From This Day In History
Construction broke ground on this engineering marvel on May 4, 1905
A historic Kentucky Derby disqualification took place on this day two years ago
Stay Informed,
Rex Jackson
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