Good Morning,

It’s Thursday, May 15, and today’s update spans buzzer-beaters, economic bruises, and global diplomacy. From NBA playoff shakeups to Walmart’s tariff-fueled price hikes and renewed Russia-Ukraine talks, here’s your cheat sheet to what’s going down.

Let’s dive into the headlines that matter...

2025 NBA Playoffs Heat Up in the Second Round

The NBA postseason is in full swing with second-round matchups bringing surprises. The top-seeded Cavs are out after a 4-1 upset by the Indiana Pacers, and the Celtics are down 3-2 in a tight series against the Knicks. Over in the West, the Thunder lead Denver 3-2, while the Timberwolves handily took down the Warriors.

Key Points:

• Indiana knocks out No. 1 Cleveland in a 4-1 series.

• Boston trails New York 3-2 in a heavyweight Eastern showdown.

• Thunder and Timberwolves surge ahead in the Western Conference.

📺 Catch up on all the scores and matchups

Crime & Culture

TikTok Beauty Influencer Shot Dead During Livestream in Mexico

Valeria Marquez, a 23-year-old beauty influencer, was fatally shot during a TikTok livestream at her salon in Zapopan. Before the attack, she eerily warned viewers “they’re coming” before muting her mic. Authorities are still investigating the motive.

Key Points:

• Marquez was live on TikTok when the shooting occurred.

• Zapopan is known for cartel-related violence, but no link confirmed.

• Highlights growing fears over violence against women in Mexico.

Economy

Most Americans Can't Afford Basic Living, Study Finds

A new analysis reveals that 60% of U.S. households fall short of affording essential expenses like housing, healthcare, and education. The average income for these families is $38K—far below the $67K needed for basic living.

Key Points:

• Real wages for lower-income Americans have dropped since 2001.

• Costs of essentials have doubled, creating a severe gap.

• Analysts warn of growing economic inequality and social unrest.

Retail

Walmart Prepares for Price Increases as Tariff Pressures Mount

Walmart beat earnings expectations but warned customers of upcoming price hikes. The culprit: Trump-era tariffs on imports like electronics and produce. While the retail giant has tried to absorb the costs, execs say that won’t last.

Key Points:

• Q1 profit dipped to $4.45B; sales rose to $165.6B.

• Walmart plans to increase prices by late May or June.

• Other retailers may follow Walmart’s lead, fueling inflation concerns.

Global Affairs

Russia-Ukraine Peace Talks Resume in Istanbul

In a diplomatic development, Russia and Ukraine are meeting in Istanbul for their first direct talks since 2022. While Putin isn’t attending, Zelenskyy and U.S. officials will be present. Both sides remain far apart on a potential ceasefire.

Key Points:

• Talks follow Ukraine’s call for an unconditional ceasefire.

• Russia wants guarantees before considering any halt in fighting.

• Analysts say the meeting could be a crucial (but fragile) turning point.

🧭 Stay Informed, Stay Ahead

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Until next time, stay sharp.
– The Morning Post Team