Michael Barr to step down as the Fed's head of banking supervision to avoid clash with Trump

A tragic shooting occurred in a Midtown Manhattan office building, resulting in the deaths of NYPD Officer Didarul Islam and three others, with the gunman, Shane D. Tamura, 27, dying from a self-inflicted wound. Mayor Eric Adams condemned the act as "senseless violence," highlighting Officer Islam's dedication to protecting New Yorkers and his legacy as a loving husband and father. Want More Context? 🔎

Ramine Tinati, lead at Accenture’s APAC Center for Advanced AI, emphasized that while AI can expedite task completion, it doesn’t inherently boost productivity unless companies overhaul their workflows. This insight comes amid significant AI investments by major firms like Amazon and Microsoft, contrasting with Nvidia's CEO Jensen Huang's view that AI enhances cognitive skills, a sentiment echoed by OpenAI's Sam Altman. Want More Context? 🔎

Auckland Mayor Wayne Brown's chief of staff, Jazz Singh, resigned after failing to declare his property company's liquidation, which left $560,000 owed to Inland Revenue. Although leaving the mayoral office, Singh will continue to work on projects for the council's chief executive, Phil Wilson, with Brown expressing disappointment yet acknowledging the necessity of Singh's departure. Want More Context? 🔎

In a thrilling Women’s Euro 2025 final, England overcame a 1-0 deficit against Spain, equalizing through Alessia Russo and winning 3-1 on penalties, with Chloe Kelly scoring the decisive kick. The Lionesses' chaotic yet resilient tournament journey, marked by remarkable performances from substitutes like Michelle Agyemang, culminated in their second consecutive European title. Want More Context? 🔎

Two prominent Israeli rights organizations, B'Tselem and Physicians for Human Rights-Israel, have accused Israel of committing genocide against Palestinians in Gaza, highlighting systematic targeting of civilians and healthcare infrastructure in their reports. In response, the Israeli government has firmly rejected these allegations, asserting that its military actions are aimed solely at Hamas militants. Want More Context? 🔎

SINGAPORE: A 62-year-old British man, Steven George Harris, faces multiple charges for allegedly verbally abusing and physically assaulting crew members during a Singapore Airlines flight from London to Singapore on April 28. He is accused of making racist remarks and threatening passengers, with potential penalties including up to ten years in prison for criminal intimidation and fines for his disorderly conduct. Want More Context? 🔎