Macro Economy: U.S. GDP was revised down to 1.6% in Q1 as consumer spending and corporate profits cooled, while consumer confidence slipped and jobless claims ticked up to 215,000—still near historic lows. Banking & Credit: Shadow banking lending surged to $1.47T, outpacing Main Street as regulatory rollbacks supercharged private credit and hedge-fund style borrowing. Inflation & Policy: Fed’s Musalem warned against betting that AI will solve inflation, urging a vigilant approach to restoring price stability. Crypto & Finance Tech: SoFi launched SoFiUSD, a bank-issued stablecoin available inside its app, while Mastercard won a New York BitLicense and Broadridge expanded overnight equity access via NYFIX. Healthcare Costs & AI: A Verasight poll found 73% of Americans fear cancer care costs, even as more people try GLP-1s and use AI tools for mental health. Cyber Insurance: Beinsure says U.S. cyber premiums are growing mainly from more policies, but loss ratios are rising as ransomware and AI-driven attacks pressure underwriting. Retail & Data Privacy: Home Depot and Lowe’s faced lawmakers’ questions over parking-lot license-plate scanning. Business Expansion: Olive Young opened its first U.S. store in Pasadena, betting on K-beauty’s wellness push.