The Latest: 05/06/2026 11:59am ET

All the latest national and international news. Topics also include finance, weather and entertainment.

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Episode Transcript

Speaker 1 (00:00):
This is your twenty four to seven use update. The
latest Use this hour in just four minutes, President Trump
says the US has paused in the operation to escort
ships through the Strait of Hormuz. NBC's Richard Engel reports.
It comes as the war in Iran continues, with a
ceasefire technically still in place. President Trump now announcing that

(00:21):
his new policy called Project Freedom to force open the
Strait of Hormuz has now been paused. He said to
allow for potential diplomatic progress, and it does seem that
negotiations could be advancing. According to multiple reports, the US
and Iran were reportedly closing in on a memorandum that
could become a blueprint for ending the war. Meantime, Trump

(00:41):
said the US blockade of or any imports in the
Narrow Waterway will remain in full force and effect for
the time being. Millions across several states are in the
path of severe weather today. Portions of Mississippi and Alabama
could be slammed by storms beginning this evening, which could
include large hail and tornadoes. Elsewhere, rain is expected to
reach the northeastern portion of the Eye ninety five Corridor.
Seven candidates who want to be the next governor of California,

(01:03):
squared off last night in a debate. Democrat Savior Biserra
and Republican Steve Hilton argued about whether or not Donald
Trump is to blame for higher prices. Builton and Bessara
are currently leading in the polls, and they both took
a lot of heat from other candidates. A total of
two Republicans and five Democrats debated homelessness, housing, immigration, and AI.
American entrepreneur and media mogul Ted Turner has died. A

(01:24):
news release from Turner Enterprises said the founder of CNN
and TBS passed away today at the age of eighty seven.
In the world of sports and entertainment, Turner owned the
Atlanta Braves, the Atlanta Hawks, and pro wrestling company WCW.
He also gave a billion dollars to create the United
Nations Foundation. Turner dealt with health issues in recent years,
including a progressive brain disorder and pneumonia. President Trump is

(01:45):
defending the rising cost estimate for his White House ballroom project.
According to a truth Social post from the President, the
cost has changed because the ballroom is now expected to
be approximately twice the size and a far higher quality.
President Trump first announced a estimated two hundred million dollar
price tag last year, but that figure has since soreed
to four hundred million dollars. I'm Chris Kragio. Tickets go

(02:08):
on sale today for the opening of the Obama Presidential
Center museum on the South side of Chicago, a location
that holds great significance for the former president.

Speaker 2 (02:17):
I first arrived in Chicago driving down a road that
is now been replaced by this building. The first apartment
I stayed in Chicago is literally three blocks away.

Speaker 1 (02:32):
Barack Obama promoted the museum in an interview with Stephen
Colbert that aired last night on The Late Show, and
said he wants the new center to put his presidency
in context. Obama said he wants people to understand the
extraordinary journey this country took to get its first African
American president. The museum will be open to the public
beginning next month on June nineteenth, but tickets are available

(02:54):
now at the museum website Obama dot org. Flight attendants
that worked for Spared Airlines before the carrier suddenly closed
over the weekend are still reeling from the shutdown. One
now former employee Mariana Kasser has launched a go fundme
to collect donations for her and her colleagues to help
with expenses until they land new jobs. It will both
for everyone.

Speaker 2 (03:14):
It'll be split evenly, even if it's pennies or sense.

Speaker 1 (03:18):
Spirit Airlines has officially started its bankruptcy process after attending
court in White Plains, New York yesterday. It could take
months to dismantle the airline, despite it already having ceased
operations after more than three decades in business. The top
seeds in each conference earned game one victories last night
in the semifinal round of the NBA Playoffs, and the East,
Cad Cunningham's twenty three points helped propel the Pistons past

(03:40):
the Cavaliers one eleven one oh one in Detroit out
West to Thunder at home beat the Lakers one oh
eight to ninety. Chet Holmgren had twenty four points. A
pair of game twos are on the slate tonight, when
the seventy six ers visit the Knicks in the East,
while the Timberwolves and Spurs run it back out west
in San Antonio. New York and Minnesota are each ahead
one nothing in these best of seven series. I'm Chris Kracio,