Stories from New York · United States

The NASDAQ rose 222 points to close above $25,000 for the first time ever on Friday. The NASDAQ index closed above the 25,000 mark for the first time in history. The Dow Jones Industrial Average reached a high, according to a report on NBC News Radio. The speaker noted that the stock market hit its highest price in history. The S&P 500 added 21 points during the same period. These figures were recorded at Friday's market close.

New York Mets manager Carlos Mendoza will remain in his role despite a league-worst 10-21 record. David Stearns, president of baseball operations, told MLB.com that the organization has issued a vote of confidence in Mendoza. The decision follows the team's recent performance struggles. The New York Mets will not make a managerial change despite a 10-21 start to the season. The decision comes despite the team having the second highest payroll in baseball. This decision comes after a 6-5 loss to the Cubs, where Vargas extended his hitting streak to 27 games, breaking the Major League record for a Venezuelan player.

Researchers found that home flipping rates were highest in neighborhoods of color within central Brooklyn, southeast Queens, northeast Bronx, and north shore Staten Island. Nearly half of the residents in these high-flipping areas are Black.

iHeart Radio released an updated free service featuring expanded travel planning capabilities. Users can now access more than 700,000 hotel listings through the platform. The update includes ride-scheduling reminders and Uber Eats room service options for hotel deliveries.

Director David Borenstein reported that airport security prevented him from boarding a flight from New York to Germany on Wednesday with his Academy Award. Security officials stated the award could be used as a weapon.

Council member Frank Moreno introduced a resolution regarding NYPD officer Carl McLaughlin, who recently participated in chasing a robbery suspect on the Upper West Side.

Russian director Pavel Talankin reported that his Oscar for best documentary was lost during a flight from New York to Frankfurt.

A yellow school bus hit and killed a 9-year-old boy in Williamsburg, Brooklyn, on Friday morning. The incident occurred when a bus driver was making a left turn from Lee Avenue onto Lorimer Street. Police stated the driver initially left the scene but returned after being notified of the incident. Investigators are still determining if the vehicle was a private or public school bus. No arrests have been reported at this time. The incident occurred at a busy intersection that lacked crosswalk markings due to recent paving. May Day themes across the country included slogans like 'people over billionaires' and 'tax the rich'. The boy, who was nine years old, will be laid to rest in New Jersey. The intersection of Lorimer Street and Wallabout Street, where the incident occurred, had no crosswalk markings despite recently being paved.

Bain Capital is reportedly preparing to offload its majority stake in Tyger Capital, according to sources.

Ambassador Chah-Jee Hoon, Seoul's top envoy, outlined a step-by-step approach to negotiations during a United Nations Security Council meeting. The proposed plan begins with halting Pyongyang's nuclear and missile programs before moving toward complete dismantlement. Hoon said building trust with Pyongyang as a necessary foundation for progress. He called for the international community to operate under the Nuclear Nonproliferation Treaty.