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Good morning, Daily Money team, it's Nathan Bomey back after a couple of days off. |
It's Cinco de Mayo, but that might not mean what you think. |
📱 We've got a lot of breaking news this morning, starting with the decision by the Facebook Oversight Board to uphold the platform's ban on Donald Trump following the Jan. 6 insurrection at the Capitol. |
Facebook could technically overturn the decision later this year, so it's not over yet. But this move deals a significant setback to the former president's ability to communicate directly with Americans after he was also permanently banned from Twitter . |
On to our ... |
💡 INSIGHT OF THE DAY: Would you sell your home to a company on an app? Companies known as iBuyers, like Opendoor and Zillow, are offering to buy and sell homes online for a fee similar to the typical real estate agent's. Check out our Swapna Venugopal Ramaswamy's fascinating story on the iBuyer trend. |
📰 Here are more stories you'll want to see: |
1. Peloton finally gave in. The company is recalling its treadmills and apologizing after previously fighting the U.S. government's request to do so. |
2. This could spoil your lunch: A woman is suing her local McDonald's, saying her order contained a burger wrapper stained with feces. |
3. This Hyundai SUV is being recalled: The automaker has identified a fire risk with the Santa Fe. |
4. Your 401(k) is not perfect: You'll owe taxes on most distributions, among other drawbacks, but it's worth it. |
5. Social Security benefits aren't taxed in 37 states. Here's the list. |
6. There are a lot of Cinco de Mayo deals out there. You can get a free Chipotle burrito, free guacamole from "The Rock" and save on margaritas. |
Happy celebrating! |
--@NathanBomey |
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