Santa Barbara County News and Events

5 things to know for May 20: Election night takeaways, IRS immunity, mosque shooting, virus concerns, Raúl Castro

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By Alexandra Banner, CNN

The Maldives is known for its luxury resorts and crystal-clear waters, but this week it became the site of a frantic underwater search for missing tourists. Five experienced Italian divers ventured into an underwater cave system on what was supposed to be an exciting expedition — but they never returned.

Here’s what else you need to know to get up to speed and on with your day.

1⃣ Election night takeaways

He wasn’t on the ballot, but President Donald Trump is claiming victory after several Republicans who opposed him lost their primary races Tuesday. In Kentucky, Trump helped oust Rep. Thomas Massie, another GOP lawmaker he had deemed disloyal. The result marked the second time in a week that Trump successfully took down a member of his own party. Read more.

PLUS: Keisha Lance Bottoms aims to become first Black woman governor

2⃣ IRS immunity

The Internal Revenue Service is now barred from auditing President Trump and his family for past tax issues. On Tuesday, the Justice Department unveiled this new language and other terms as part of a settlement with Trump to resolve his $10 billion lawsuit against the IRS. Read more.

MORE: Democrats denounce $1.8 billion fund that could pay Trump allies

3⃣ Mosque shooting

New details are emerging after Monday’s deadly shooting at a San Diego mosque as investigators work to piece together the attackers’ motives and online activity. The two teenage gunmen appeared to have shared a live video of the attack as well as a lengthy written document citing racist, Islamophobic and antisemitic ideology. Read more.

4⃣ Virus concerns

The World Health Organization says the scale of the Ebola outbreak in central Africa “warrants serious concern” following 500 suspected cases, including 130 deaths. As global officials respond to that crisis, concerns about another infectious disease are mounting in the US: New orders require some American passengers from the hantavirus-hit cruise ship to remain at a quarantine facility under federal supervision after they pushed to leave. Read more.

5⃣ Raúl Castro

Former Cuban President Raúl Castro is expected to be indicted today by the Justice Department in a prosecution more than 30 years in the works. The criminal charges focus on the 94-year-old’s alleged role, while serving as Cuba’s defense minister, in ordering the shooting down of two civilian aircraft belonging to the Cuban-American group Brothers to the Rescue in 1996. Read more

Target’s comeback strategy is working

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By Nathaniel Meyersohn, CNN

New York (CNN) — American shoppers are brushing off higher gas prices and finally spending money at Target again.

Target’s comparable sales, which include both those at stores and online, grew 5.6% during its latest quarter — its best results in four years. The company raised its sales guidance for the year, signaling it believes customers will keep coming.

Target said Wednesday that its gains were spread evenly across income groups and merchandise, including nonessential categories like toys and beauty.

Target’s results were consistent with broader strength in the retail sector. Retail sales have climbed for three consecutive months, even in the face of rising energy costs. A healthy labor market and higher tax refunds have bolstered spending.

“Our consumer is a microcosm of the American consumer,” Target chief executive Michael Fiddelke said on a media call Tuesday. “We see a consumer that continues to be resilient.”

Fiddelke took over as Target CEO earlier this year and pledged to turn around the struggling retailer. Competition from Walmart and Amazon has intensified in recent years all while Target made a series of strategy mistakes. The retailer scaled back Pride displays and rolled back DEI programs, angering its liberal customers.

Unlike Walmart, known for the best prices, or Amazon, which has stood out with convenience, Target wants to remind shoppers it has a fun, treasure hunt atmosphere in stores where they come in to find what’s new.

Fiddelke’s strategy to win back shoppers with new, buzzy brands in stores appears to be working. The company said collaborations with brands like Pokémon and Parke, a favorite of social media influencers, helped drive foot traffic last quarter.

“We believe Target should regain market share as it progresses,” retail analyst Joe Feldman from Telsey Advisory Group said in a note to clients this week.

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Memorial Day sticker shock: Gas prices near all-time highs

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Gas prices at a Mobil gas station on May 11

By Matt Egan, CNN

New York (CNN) — Tens of millions of Americans hitting the road this Memorial Day weekend will face historically high gas prices.

The war with Iran has destabilized the global energy system, pushing up pump prices across the country despite emergency steps from the Trump administration designed to limit the damage.

The sticker shock on Memorial Day, the unofficial start of the summer driving season, adds to the cost-of-living frustrations that have soured voters on the Trump economy.

GasBuddy, a crowdsourced fuel price platform, expects the national average will be about $4.48 a gallon this Memorial Day. That would be 42% above the price last Memorial Day and the second-highest on record, according to GasBuddy.

The only time gas was more expensive on Memorial Day was in 2022 when the average was $4.61 a gallon in the wake of Russia’s invasion of Ukraine.

Unfortunately, pump prices may not be done rising.

Patrick De Haan, GasBuddy’s head of petroleum analysis, told CNN he expects the national average for regular gas will hit $5 a gallon at some point next month if the Strait of Hormuz remains closed.

For the summer (between Memorial Day and Labor Day), GasBuddy expects a national average of $4.80 a gallon. That would surpass the prior summer record of $4.43 per gallon set under President Biden in 2022.

“Prices were incredibly stable last summer. This summer is probably the complete opposite, perhaps the most volatile,” De Haan said, adding that his summer forecast hinges on what happens with the Strait of Hormuz.

‘It’s just insane’

Despite the high cost of gas, a record 39.1 million Americans are expected to travel by car this Memorial Day weekend, according to AAA. That’s little changed from 39 million last year.

The spike in pump prices is especially painful for those who have long commutes. Chris Haenel, a Pittsburgh resident, estimates he spends $80 a week on gas compared to $50 before the Iran war.

“Every day, I drive by the gas station and it’s just insane,” said Haenel, who fixes computers for a living.

The surge in gas prices pushed the US inflation rate to nearly 4% in April. For the first time in three years, real wages (adjusted for inflation) are shrinking. In other words, consumer prices are going up faster than paychecks.

“Everything goes up – except the paycheck. My wife comes home with three bags of groceries and it’s $300,” Haenel said. “I’m 60 years old and trying to save for retirement, but this is limiting how much I can save.”

A $24 billion hit to consumers

Americans are facing an estimated $43 billion spike in energy costs since the Iran war started, according to estimates from Brown University’s Climate Solutions Lab. That estimate is based on the current price of gasoline and diesel relative to where prices would l

What’s next for Stephen Colbert after ‘The Late Show’?

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By Liam Reilly, CNN

(CNN) — Stephen Colbert’s final “Late Show” broadcast on Thursday will close out his run in the storied CBS late-night chair once occupied by David Letterman. What comes next remains an open question for one of television’s most prominent entertainers.

In the months leading up to his CBS farewell, Colbert has offered glimpses of his post-“Late Show” future while sidestepping other possibilities. He has announced at least one major project, left the door open to creating another show and repeatedly dismissed one of the more far-fetched ideas floated by fans.

But Colbert has barely had time to plan his next moves because, as he told The New York Times in April, hosting the CBS late-night show “takes all my time.”

Colbert heads to Middle-earth

For now, the clearest answer concerns hobbits.

Colbert has confirmed that he is co-writing a new “Lord of the Rings” movie for Warner Bros. alongside his son, Peter McGee.

Colbert announced the project in March alongside Peter Jackson, the director of the “Lord of the Rings” and “Hobbit” trilogies, saying the movie would draw from “the six chapters early on in ‘The Fellowship’” that Jackson did not adapt in the original trilogy.

Colbert’s “Lord of the Rings” project predates the CBS decision to end “The Late Show.” Colbert said in the announcement that he had first approached Jackson about the idea two years earlier.

Jackson confirmed that detail during a recent interview with Variety at the Cannes Film Festival, saying Colbert had called him “before he knew his show was going to finish” to discuss “an idea for a Tolkien movie based on the books.”

Staying in show biz

Colbert has also suggested that he wants to keep making television, though he has not committed to a specific format.

“I could see creating a show,” Colbert told The Hollywood Reporter in early May. “But I don’t know what form it would take. I’m still doing this show.”

In a November interview with GQ, Colbert made clear he has not fantasized about walking away from show business altogether. “No,” he said. “Because I love creating things and I still want to work with the people I work with.”

Colbert added: “I just love making things.”

Other opportunities

Colbert has said he’s received offers for new work, but that he has not been ready to seriously consider them while finishing “The Late Show.”

“People have called to say, ‘Do you want to do X, Y or Z?’ And I would say, like: ‘Hey, that’s great. I don’t think I could give you a good answer until I can really think about it,’” Colbert told The Times last month.

Colbert has not announced plans to appear on other late-night comedy shows, though he remains close with several of his peers — and so a future sit-down wouldn’t come as a surprise.

Colbert, Jimmy Kimmel, Jimmy Fallon, Seth Meyers and John Oliver teamed up in 2023 for the limited-series podcast “Strike Force Five,” and several of them have publicly criticized CBS’ decision to end Colbert’s show. The group also Read more

Las 5 cosas que debes saber este 20 de mayo

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CNN en Español

El caso por el que EE.UU. podría acusar formalmente a Raúl Castro. Arrestan al hijo del fundador de Mango. Las rivalidades más grandes de la historia del Mundial. Esto es lo que debes saber para comenzar el día. Primero la verdad.

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🎙 Escucha las 5 cosas de CNN

El presidente Donald Trump estableció una nueva fecha límite para posibles ataques a Irán, mientras los negociadores en la región trabajan hacia un posible acuerdo de paz. Añadió que está dispuesto a esperar hasta finales de esta semana para ver si las conversaciones avanzan, pero volvió a advertir que podría reanudar las operaciones de combate. “Tal vez tengamos que asestarles otro gran golpe”, dijo.

El exlíder cubano Raúl Castro podría ser acusado formalmente por su presunto papel en el derribo de dos aviones civiles hace 30 años, una acción que mató a tres estadounidenses y desencadenó el desplome de las relaciones entre Estados Unidos y Cuba. Los aviones, pertenecientes a una organización de voluntarios con sede en Miami llamada Hermanos al Rescate, fueron derribados en 1996, y su impacto político alcanzó al embargo de larga data contra Cuba que sigue vigente en la actualidad.

La victoria en una primaria de Kentucky de Ed Gallrein, un aspirante respaldado por Trump, demostró la influencia del presidente entre los votantes republicanos. Así, Trump desplazó a uno principales antagonistas internos de su partido, el representante Thomas Massie. Estas son las principales conclusiones de las primarias del martes.

El líder de China, Xi Jinping, elogió los lazos con Rusia como una fuerza de “calma en medio del caos” durante una reunión con Vladimir Putin en Beijing el miércoles, días después de que Xi recibiera al presidente Donald Trump para una cumbre histórica entre Estados Unidos y China.

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