Today in History: May 2, Nelson Mandela claims election victory

Today is Saturday, May 2, the 122nd day of 2026. There are 243 days left in the year. Today in history: On May 2, 1994, Nelson Mandela claimed victory for the African National Congress after South Africa’s first democratic elections.

Inflation jumps and gas soars but American's seemed to take it in stride

In the past week, many Americans remained laser focused on the economy, inflation and how those forces could impact their lives. But it is almost impossible not to notice that trips to the grocery store or gas station are more painful than they were last year.

US warns shipping firms over paying Iran to transit the Strait of Hormuz

BEIRUT (AP) – The United States is warning shipping companies they could face sanctions for paying Iran to pass safely through the Strait of Hormuz.

Editorials from The Wall Street Journal, The New York Times, The Washington Post and others

Excerpts from recent editorials in the United States and abroad:

Bessent wants Americans to avoid easy-money traps and invest in financial literacy

WASHINGTON (AP) – Treasury Secretary Scott Bessent winces at the allure of easy money – whether it’s lottery tickets, buy now, pay later loans or the promise of a crypto windfall – warning that the get-rich-quick mindset often leads Americans farther from financial stability, not closer to it.

In the PR battle for AI data centers, tech giants got a blue-collar ally

HARRISBURG, Pa. (AP) – Building trades unions – long fashioned as the voice of the American worker – are now intertwined with the richest companies in the world as they create America’s artificial intelligence economy.

Israeli airstrikes kill 7 in southern Lebanon as a Catholic convent is bulldozed

BEIRUT (AP) – Israeli airstrikes on southern Lebanon killed at least seven people and wounded others on Saturday while the Israeli military demolished parts of a Catholic convent in a border village, officials said.

Taiwan's president lands in Eswatini in trip delayed by lack of overflight clearance

TAIPEI, Taiwan (AP) – Taiwan’s President Lai Ching-te said he arrived in the African nation of Eswatini on Saturday, days after his government was forced to push back the trip when several countries withdrew permission for him to fly over their territories reportedly over Chinese pressure.

Mexican governor and mayor indicted by US for drug trafficking step down

MEXICO CITY (AP) – Two members of Mexican President Claudia Sheinbaum’s party in the northwestern Sinaloa state said they would temporarily step down from their posts after the United States charged them and eight other politicians and security officers with drug trafficking in a bombshell indictment that has shaken Mexico’s political establishment.