CNN
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April showers bring May flowers … and also college graduates. Commencement season is underway in the US, and for many newly minted adults, the prospect of supporting themselves for the first time can be somewhat terrifying. One way to calm those fears is to take control of your finances with these smart money tips for new grads.
Here’s what else you need to know to Start Your Week Smart.
• Powerful Cyclone Mocha made landfall on Myanmar’s west coast and is barreling toward millions of vulnerable people with winds equivalent to a Category 5 Atlantic hurricane as aid agencies warn of the potential for a major disaster.
• A jury found Lori Vallow Daybell guilty on all counts of killing her two children and conspiring in the murder of her husband’s first wife. The Idaho mother faces life in prison when sentenced.
• North Carolina Democratic Gov. Roy Cooper vetoed a controversial bill that would ban most abortions after 12 weeks, setting up a likely override effort from the state legislature, where Republicans have a supermajority.
• Israel and Islamic Jihad agreed to a ceasefire after days of violence that have claimed the lives of at least 35 people – almost all of them Palestinians – but it was unclear if it will take hold or last.
• Sweden’s Loreen won the Eurovision Song Contest for a second time, earning a historic triumph at an extravagant and crowd-pleasing show held in Liverpool, United Kingdom, on behalf of Ukraine.
Tuesday
OpenAI CEO Sam Altman is scheduled to testify before Congress as lawmakers increasingly scrutinize the risks and benefits of artificial intelligence. OpenAI is the company behind ChatGPT — the groundbreaking chatbot that has led to a wave of new investment in AI, prompting a scramble among policymakers who have called for new regulations amid fears of the technology’s misuse.
Members of the Council of Europe, an organization founded to uphold human rights and democracy, will meet in Reykjavik, Iceland, for a summit dedicated primarily to supporting Ukraine amid Russia’s ongoing invasion.
Wednesday
In the aftermath of two power outages earlier this year that caused hundreds of flight cancellations affecting tens of thousands of passengers, the Philippines will close the entire country’s airspace for six hours to replace malfunctioning electrical equipment at Manila’s airport. Built 75 years ago, Ninoy Aquino International Airport — the country’s main international gateway — has been struggling to handle soaring passenger traffic since flights resumed after Covid-19 pandemic restrictions were lifted.
Friday
President Joe Biden is scheduled to attend the G7 Leaders’ Summit in Hiroshima, Japan, although he indicated last week he would stay in Washington if debt limit negotiations remained at a standstill. Before the start of the summit, a Chinese naval flotilla began circumnavigating Japan’s main islands in a display of military power as tensions simmer over Taiwan.
One Thing: Clearing the camps
In this week’s “One Thing” podcast, CNN’s Gabe Cohen joins the show to explain why advocates fear a recent legal fight over a homeless encampment in Phoenix could provide a blueprint for other cities dealing with the issue. Gabe talked to people living in the encampment about where they’ll go next. Listen for more.