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Live from NPR News, I'm Lakshmi Singh. The Trump administration is waiting to hear if Iran accepts its conditions for ending the war that the US And Israel initiated more than two months ago. President Trump has demanded that a deal must include Iran's agreement to halt uranium enrichment and fully reopen the Strait of Hormuz, where hundreds of ships and thousands of mariners from around the world are stranded. Shipping data firm Lloyd's List Intelligence said today that Iran has created an agency to approve transit and collect tolls from shipping in the key global trade route. World oil prices are now hovering around $100 a barrel, down slightly. US gas prices still surging due to a combination of factors, the war as well as seasonal demand. Just a few weeks out from the start of summer driving season, national average we see, is now around $4.56. Even if the US and Iran agree to end the war, economists warn it could take some time for the price of gasoline and other goods to come down. Here's NPR's Windsor Johnston.
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As energy costs rise, so do the prices of many products people use every day. Supply chain expert Jason Miller says items made with plastic, chemicals or industrial materials are especially vulnerable.
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Think about a can of WD40. Your paints, any type of chemicals, soaps and things of that sort will be more expensive now, any type of plastic product. So if you know, you look around your house, you may have some plastic storage things of that sort.
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Miller says the impact is showing up far beyond fuel prices because many global household goods depend on petroleum based materials and global shipping networks that remain under strain. Windsor Johnston, NPR News, Washington.
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NPR has learned that campaign staffers have bet on their own candidates and made thousands of dollars on prediction markets. In this exclusive report, NPR's Lou Garrett tells us these staffers use inside campaign information to bet with an edge and win big.
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Two campaign staffers, granted anonymity for fear of retribution, said the method is simple. Campaign staffers would get an unreleased poll, use it to buy advantageous event contracts and then sell their contracts. Once the poll was released and their contract price soared, one staffer admitted to doing this themselves. They won thousands and their bet was verified by prediction market data reviewed by npr. Current law bars prediction market betters from using insider information to make money. But former commissioner at the Commodities Future Trading Commission, Kristen Johnson, doubted that the agency could police quote election positions. These bets raise serious questions about how campaign operatives can turn private information into a quick payday amid an unsettled legal landscape for prediction markets. Luke Garrett, NPR News, Washington.
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From Washington, this is NPR News. President Trump's meeting with Brazilian President Luis Inacio. Lula da Silva is at the White House. Their agenda was expected to include access to critical minerals as well as US tariffs on Brazilian goods. A new survey shows 36% of LGBTQ youth considered attempting suicide in the past year. One in ten attempted to take their own life. The findings are from the nonprofit Trevor Project. NPR's Ritu Chatterjee has more youth aged
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13 to 17 were more likely to consider and attempt suicide than older youth. More than two thirds of respondents said they'd experienced recent symptoms of anxiety 57% reported experiencing depression. More than 8 in 10 respondents wanted mental health care, but 44% of those youth were unable to access that care. Nearly half of LGBTQ youth reported experiencing discrimination due to their gender identity or sexual orientation, but the vast majority said they have at least one caring adult at school supportive of their identity. And youth who live in supportive communities are far less likely to attempt suicide compared to those in unsupportive communities. Ritu Chatterjee and PR NEWS Justice Clarence
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Thomas was the first baby boomer on the U.S. supreme Court after serving more than 34 years. As of today, the conservative is the second longest serving justice ever, surpassed only by liberal William O. Douglas, who spent more than 36 years as a Supreme Court justice. I'm Lakshmi Singh, NPR News, in Washington.
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This message comes from Charles Schwab with their original podcast, Choiceology. Choiceology is a show about the psychology and economics behind people's decisions. Download the latest episode and subscribe@schwab.com podcast.
Date: May 7, 2026
Host: Lakshmi Singh
Episode Length: 5 minutes
This quick-fire news update, anchored by Lakshmi Singh, covers global and domestic headlines: U.S. demands for ending the Iran war, economic effects of global conflict on oil and goods prices, exclusive reporting on campaign staffers betting on elections using insider knowledge, mental health survey results among LGBTQ youth, and a Supreme Court justice milestone.
[00:01 – 01:06]
[01:06 – 01:52]
"Think about a can of WD40. Your paints, any type of chemicals, soaps and things of that sort will be more expensive now, any type of plastic product. So if you know, you look around your house, you may have some plastic storage things of that sort."
"Miller says the impact is showing up far beyond fuel prices because many global household goods depend on petroleum based materials and global shipping networks that remain under strain."
[01:52 – 02:55]
"[The] method is simple. Campaign staffers would get an unreleased poll, use it to buy advantageous event contracts and then sell their contracts. Once the poll was released and their contract price soared, one staffer admitted to doing this themselves. They won thousands and their bet was verified by prediction market data reviewed by NPR."
"These bets raise serious questions about how campaign operatives can turn private information into a quick payday amid an unsettled legal landscape for prediction markets."
[02:55 – 03:10]
[03:10 – 04:14]
"Youth who live in supportive communities are far less likely to attempt suicide compared to those in unsupportive communities."
[04:14 – 04:40]
"Even if the U.S. and Iran agree to end the war, economists warn it could take some time for the price of gasoline and other goods to come down."
"The impact is showing up far beyond fuel prices because many global household goods depend on petroleum based materials and global shipping networks that remain under strain."
"Once the poll was released and their contract price soared, one staffer admitted to doing this themselves. They won thousands and their bet was verified by prediction market data reviewed by NPR."
"Youth who live in supportive communities are far less likely to attempt suicide compared to those in unsupportive communities."
For more breaking news, listen to NPR News Now.