NPR News: 05-07-2026 7AM EDT
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What is the main topic discussed in this episode?
Live from NPR News in Washington, I'm Corva Coleman.
What damage was caused by the recent tornadoes in Mississippi?
Officials in Mississippi say about a thousand structures have been damaged by a spate of overnight tornadoes. The National Weather Service has confirmed several tornado sightings. Emergency response officials say much of the damage was in southern Mississippi. Teams are out trying to find people trapped in wreckage. Iran is considering a Trump administration proposal to end the war. The plan has not been disclosed. This comes after President Trump abruptly suspended U.S. operations to try to help commercial ships pass the Strait of Hormuz. It's blocked by Iran. The U.S. has its own blockade of Iranian ports. U.S. Central Command says U.S. forces disabled an Iranian-flagged oil tanker in the Gulf of Oman yesterday.
The tanker was warned it was violating the U.S. blockade. Big oil companies have been reporting their earnings for the first quarter. That includes the start of the war with Iran. Major producers have not indicated how they plan to boost oil production or whether they will boost oil production to fill the hole in the market.
What is the current status of U.S.-Iran relations?
And Pierre's Camilla Dominovsky reports that was created by the disruption in the Strait.
Exxon is sticking with its planned production growth. Chevron is keeping output flat in the Permian Basin in the U.S. and not chasing big expansion in Venezuela yet. Here's Chevron CEO Mike Wirth.
We could hit the gas and begin to grow it again. But I don't know what the future looks like. For right now, I think it's really steady as she goes.
Investors have been pushing companies to return money as dividends rather than sink it into new production. Some smaller independent oil companies are making a different calculation. Diamondbacks CEO in its earnings this week said, quote, if this isn't the time to grow now, then I don't know when it is. Camila Dominovsky, NPR News.
Campaign staffers bet on their own candidates and made thousands of dollars on prediction markets. As NPR's Luke Garrett reports exclusively, these staffers use inside campaign information to bet with an edge and win big.
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 bettors 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.
On Wall Street, in pre-market trading, Dow futures are higher. You're listening to NPR. Police in a suburb of Oklahoma City say they have arrested a man in connection with a deadly mass shooting last Sunday. Jalen Davis is accused in the shooting that left one woman dead and 22 others injured. Officials in several countries are hurriedly trying to trace passengers who were on a cruise ship where the rare hantavirus has been found. Three passengers have died and several others are sick. The cruise ship operator says about 40 people disembarked after the first passenger died. Britain is holding local election today. Voters are electing town councils across England and regional legislatures in Scotland and in Wales.
The election results could have big implications for the United Kingdom overall, as NPR's Lauren Frayer reports from London.
Polls show the far-right anti-immigration Reform Party and the left-wing environmentalist Greens are forecast to win unprecedented numbers of seats on English town councils. They're challenging the mostly two-party system, Labour and Conservative, that's dominated Britain for 100 years.
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