Investor Bullishness on U.S. Gasoline Futures

Portfolio investors are bullish on U.S. gasoline futures, anticipating price increases due to low inventories, employment gains, household income growth, and the potential impact of an active hurricane season. Ukraine's drone attacks on Russian refineries add to supply concerns. Hedge funds and money managers hold a significant bullish position, with expectations of further price rises.

Accidental Alcohol Consumption by 12-Year-Old at Outback Steakhouse

A 12-year-old boy in Livonia, Michigan, accidentally consumed an alcoholic drink at Outback Steakhouse, causing him to go to the hospital. The family typically orders virgin drinks but this one had rum in it. The restaurant apologized and took disciplinary action.

Taylor Swift's Economic Impact with Eras Tour

Taylor Swift's Eras Tour had a positive impact on local economies she visited, boosting consumption and GDP, but the overall macroeconomic effect may be overstated. The tour led to increases in lodging prices and occupancy in cities she performed in, with Chicago experiencing significant growth. The tour is seen as a potential economic catalyst for small economies internationally.