Secret Service says officer involved in shooting near White House as Trump holds business event inside

 Secret Service personnel responded to an officer-involved shooting near the White House on Monday, the agency said in a statement. 

The incident took place a few blocks south of the White House, along the National Mall and near the Washington Monument.

REUTERS

“One individual was shot by law enforcement; their condition is currently unknown,” according to the Secret Service. 

Journalists at the White House were ushered into the briefing room for a safety lockdown as law enforcement responded. 

An event with President Trump and small business owners went on as scheduled.

https://nypost.com/2026/05/04/us-news/secret-service-says-officer-involved-in-shooting-near-white-house-as-trump-holds-business-event-inside/

Kalshi traders see April jobs report coming in better than economists’ estimates

 If Kalshi traders are right, it would be the first month of back-to-back job growth since May 2025.

Traders aren’t confident of a big beat, though. They assign just a 30% chance the report will come in at 100,000 jobs gained or more.


A job seeker holds a Now Hiring Correctional Officers paperwork from the Florida Department of Corrections during the Mega JobNewsUSA South Florida Job Fair held in the Amerant Bank Arena on April 30, 2026, in Sunrise, Florida.
Joe Raedle | Getty Images


Traders on prediction markets platform Kalshi are penciling in a better-than consensus estimate for the April labor market report set to release on Friday.

Kalshi traders think there’s about a 50% chance nonfarm payrolls will come in at 66,000 jobs or more created in the month. That’s higher than predictions by economists polled by Dow Jones for 53,000 new jobs.


While in the last year nonfarm payroll growth has swung back and forth between job creation and job losses, traders see an 81% chance this report is a positive number. That would be the first back-to-back month of job growth since May 2025.



But traders are also skeptical of a big six-digit report, as they give it just a 30% chance that the report comes in hot at 100,000 or more.

Nonfarm payroll growth has slowed enormously since 2025. In the last 10 months, five have experienced negative job growth. And in 2026, job growth has been volatile, with more than 150,000 jobs gained in both January and March but 133,000 lost in February.

On Polymarket, traders have a slightly more pessimistic outlook. Traders on that platform think the most likely scenario is a report between zero to 50,000 jobs created, with odds at 26%.

Disclosure: CNBC and Kalshi have a commercial relationship that includes a CNBC minority investment.

https://www.cnbc.com/2026/05/04/kalshi-traders-see-april-jobs-report-coming-in-better-than-economists-estimates.html

'WH may be on lockdown with shots heard nearby: Al Jazeera'

 White House is currently on lockdown with reports of "shots fired a few blocks away," Al Jazeera's chief correspondent in the United States Alan Fisher claimed on Monday.

"Everyone herded into the briefing room as the alert was lifted," he wrote on X, sharing a picture from the White House's conference room. There have been no other reports of the incident so far.

https://breakingthenews.net/Article/WH-may-be-on-lockdown-with-shots-heard-nearby/66212944

Iran threatens to target US if it advances in Hormuz - Al Mayadeen

 

US forces will be targeted if they advance in the Strait of Hormuz, Hezbollah-affiliated Al-Mayadeen reported, citing a high-ranking Iranian source.

“The Strait of Hormuz is entirely under Iranian control, and this is a very clear message from the armed forces to the Americans,” the source said.

“The message to the American aggressors is: Advance, and you will be targeted,” the source added.

https://www.iranintl.com/en/liveblog/202604294038

Chevron ‘Concerned’ Over Hormuz Transit as US, Iran Trade Fire

 

Chevron Corp. is concerned about the safe passage of ships through the Strait of Hormuz as the US attempts to restore transit through the strategic Persian Gulf waterway, said Chief Executive Officer Mike Wirth.

The US and Iran exchanged fire in the region Monday as the American military began escorting vessels through the strait. The escalation triggered by US President Donald Trump’s plan to reopen Hormuz threatened to derail a fragile ceasefire declared last month.

https://www.bloomberg.com/news/articles/2026-05-04/chevron-concerned-over-hormuz-transit-as-us-iran-trade-fire

Krystal Biotech delays registrational study to 2027 as FDA requests new patient-reported outcome scale

 

Krystal Biotech delays KB111 Hailey-Hailey registrational study to 2027 after FDA requests new patient-reported outcome scale

• KB111 study delay was disclosed during Krystal Biotech's Q1 2026 earnings call on Hailey-Hailey disease program.
• Krystal Biotech beat Q1 2026 estimates with non-GAAP EPS $1.83 and VYJUVEK revenue of $116.4M.

https://finviz.com/quote?t=KRYS&p=d

Eli Lilly (LLY) Responds to FDA Adverse Report on Foundayo

 Wolfe Research reported a serious case of liver failure associated with Eli Lilly’s LLY drug, Foundayo, which raised concerns regarding the drug's safety. In response, Eli Lilly stated that their Global Patient Safety team reviewed the report and concluded that the event was unlikely to be connected to Foundayo. Analysts believe the market's reaction during pre-market trading was exaggerated, viewing this as a buying opportunity and maintaining an optimistic stance on the stock with a price target of $1,325.

The recent report of liver failure linked to Eli Lilly's Foundayo drug has raised significant concerns among investors and analysts. The FDA's Adverse Event Reporting System flagged this serious case, prompting analysts to seek clarification from the company. Eli Lilly's prompt response, stating that their review found no likely connection between the drug and the adverse event, aims to reassure stakeholders and mitigate fears surrounding the drug's safety profile.

https://www.gurufocus.com/news/8839796/eli-lilly-lly-responds-to-fda-adverse-report-on-foundayo