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Morocco unveiled a $700 million skyscraper set to become Africa’s tallest, the U.S. cleared its central bank chair of a federal probe, and American consumers just posted the weakest confidence reading on record. Big symbols of growth, stability, and sentiment are all moving in different directions at once.

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Prosecutors closed the long-running investigation into Jerome Powell, removing a key obstacle to Kevin Warsh’s path to becoming Fed chair. The inquiry centered on a bank-regulation leak that was ultimately found to be unsubstantiated.

Markets largely saw the development as a procedural cleanup rather than a surprise shift. Attention is now turning to the confirmation timeline and what it signals for policy direction.

Warsh is expected to clear the Senate Banking Committee in the coming weeks, advancing the leadership transition. The focus will then shift to how the handoff shapes expectations for rates and financial conditions.

A violent tornado tore through Enid, Oklahoma, damaging about 40 homes and stripping trees to the trunk as residents rushed into cellars with little warning. Officials said no deaths have been reported.

The storm is part of a larger severe system pushing east across the Plains, bringing high winds, hail, and continued tornado risk to multiple states. Crews are working through detailed damage assessments while also preparing for the possibility of additional outbreaks.

State officials are coordinating response efforts as communities begin early recovery and cleanup operations. The governor is expected to visit the site this weekend as authorities evaluate the full scope of the damage.

A federal appeals court ruled that Trump’s executive order suspending asylum at the southern border is illegal, finding it exceeded presidential authority under immigration law. The decision strikes down a central piece of his migration crackdown.

The three-judge panel said the order conflicted with existing statutes that allow migrants to seek asylum regardless of how they enter the country. The ruling reinforces limits on executive power in shaping immigration policy.

The administration plans to take the case to the Supreme Court, where it could be reviewed within weeks. For now, asylum processing resumes at and between ports of entry as legal challenges continue.

Beijing placed export controls on seven European entities over arms sales to Taiwan. Fresh restrictions add another pressure point to Europe’s balancing act between China ties and Taiwan security.

A new skyscraper project in Morocco signals a push to elevate the country’s global profile with one of Africa’s tallest buildings. Investment reflects broader ambitions to attract tourism and business while positioning the nation as a regional economic hub.

Brussels confirmed Friday that its anti-fraud office has opened a formal investigation into Peter Mandelson, the veteran UK Labor peer and former EU commissioner. The Mandelson fraud probe lands as Keir Starmer's government fights off a widening set of questions about influence peddling in Westminster.

One of the loudest voices in Trumpworld has flipped into open criticism over the Iran war and the administration's flirtation with targeting American citizens. The very public realignment points to a broader fracture inside the coalition that handed Trump his second term.

U.S. consumer confidence has fallen to a low record, signaling households may begin pulling back on spending despite steady headline growth. Rising inflation expectations are driving the pessimism, with concerns likely to influence both actual pricing trends and future central bank decisions.

The administration is moving to end legal status for migrants who entered through the CBP One app, reversing a pathway that allowed temporary stay and work. The change could put hundreds of thousands at risk and raise concerns about trust in the system.

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China locked up the rare earths supply chain over two decades, while the United States let its one major mine go bankrupt twice. With AI servers, EVs, and Tomahawks all depending on the same handful of elements, the rare earths supply gap is now a national security hole.

Intel shares jumped after strong demand for central processors lifted its outlook. CPU strength matters because AI infrastructure is expanding beyond the graphics chips that dominated the first wave.

China's BYD told analysts Friday it is positioning itself to grow even if Washington keeps its doors shut, pointing to rising fuel prices and strong Asian and European EV demand. The BYD without US comment sent Detroit and German rival shares lower into the weekend.

Paleontologists have described a colossal cephalopod that prowled the oceans 78 million years ago, with a mantle length close to two meters. Beak fossils from Alabama limestone reshape our sense of this prehistoric ocean giant and how big soft-bodied predators got before the dinosaurs disappeared.

U.S. virus activity remains very low as both flu and COVID-19 trends continue to ease nationwide. The slowdown is giving hospitals and health systems more breathing room after the strain of the winter respiratory season.

Relatives of ten scientists who have died or vanished in recent years are going public to push back on viral conspiracy theories built around the cluster. The missing scientists backlash captures how quickly researchers' lives are being recast as grist for online speculation.

Carlos Alcaraz, the two-time defending Roland Garros champion, pulled out of this year's tournament with a torn tendon in his right wrist. The Alcaraz withdrawal stretches past Wimbledon qualifying and vaults Sinner and Zverev into instant co-favorite status.

The PGA of America named Jim Furyk the US Ryder Cup captain for 2027, returning him to the post he held in 2018. The Furyk captaincy pick arrived after Tiger Woods turned down a second stint, citing back surgery recovery.

A five-year hosting deal will bring Formula One back to Istanbul Park starting in 2027 after years off the calendar. Expansion strengthens the sport’s global footprint while signaling renewed demand for races in emerging and returning markets.

Jake Reiner, eldest son of the late director Rob Reiner, spoke publicly Friday about the night his parents were killed and his younger brother was charged with the crime. The interview is the first time anyone in the family has addressed the case on camera.

Canadian power-pop collective The New Pornographers have released "The Former Site Of," a grief-shaped record written after founding member Dan Bejar's departure. Frontman A.C. Newman called the New Pornographers session the hardest album the band has ever finished.

A new labor agreement between film studios and screenwriters secured approval after months of strikes and negotiations over pay, streaming residuals, and AI protections. Resolution restores production pipelines while setting new boundaries for technology use that could shape how creative work is valued across entertainment.

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A U.S. appeals court has ruled that Donald Trump’s attempt to impose a sweeping asylum ban at the southern border was unlawful, striking down one of the administration’s most aggressive immigration policies. The decision reaffirms that migrants have the right to seek asylum regardless of how they enter the country, reinforcing protections embedded in federal law.

The policy had aimed to block most migrants who crossed the border outside official ports of entry from applying for asylum, instead requiring them to present themselves at designated checkpoints. Officials argued that the rule was necessary to deter unauthorized crossings and relieve pressure on an immigration system already strained by rising numbers of asylum seekers.

However, the court found that the policy directly conflicted with existing statutes, which clearly allow individuals to request asylum even if they enter the U.S. irregularly. Judges concluded that the administration overstepped its authority by attempting to impose a blanket restriction without approval from Congress, effectively rewriting legal standards through executive action.

The ruling highlights the limits of presidential power in shaping immigration policy and suggests that similar restrictions are likely to face continued legal challenges. As debates over border security and asylum rights intensify, the decision underscores the ongoing tension between enforcement efforts and the legal protections afforded to those seeking refuge.

An ultra-rare lobster with two distinct colors split down its body was caught off Cape Cod, stunning fishermen with its unusual appearance.

Late-April skies still offer a comet viewing window in NASA skywatching tips.

Five kittens were rescued after being found trapped in a New Jersey storm drain, with responders safely pulling them out.

That’s today’s Five Minute Daily—everything that matters, none of the noise. If this saved you time, send it to someone who should be reading it too.

—The Five Minute Daily Team