In partnership with

Greetings! Happy Tax Day to those celebrating.

Let’s get into today’s top stories.

Smart starts here.

You don't have to read everything β€” just the right thing. 1440's daily newsletter distills the day's biggest stories from 100+ sources into one quick, 5-minute read. It's the fastest way to stay sharp, sound informed, and actually understand what's happening in the world. Join 4.5 million readers who start their day the smart way.

❝

SPONSORED SECTION

Sponsor PM Daily! Unlike other free daily newsletters, PM’s ad model works differently: 1. one single sponsor slot per issue; 2. 100% share of voice (SOV) guaranteed; 3. which means higher return on ad spend (ROAS) from your first placement.

No-brainer, little risk, high upside. Q2 slots are filling up quickly! Reach our rapidly scaling, high-intent, vetted premium audience by replying to this email right now.

🌎 GLOBAL NEWS

Source: Associated Press (AP)

πŸ‡ΈπŸ‡© Sudan’s war enters year four, and much of the world barely looks up. Sudan’s conflict reached its fourth anniversary on Wednesday under the label officials now use with exhausted understatement: an abandoned crisis. The war began in April 2023 out of a power struggle between Sudanese military chief Gen. Abdel-Fattah Burhan and Rapid Support Forces commander Gen. Mohamed Hamdan Dagalo. Four years later, the numbers have become their own indictment. Some 13M people have been displaced. At least 59,000 people have been killed. More than 11,000 are missing. The country is now described as the world’s largest humanitarian challenge, especially on displacement and hunger. Parts of Sudan have entered famine. The Integrated Food Security Phase Classification says severe acute malnutrition is expected to reach 800,000 people. In Port Sudan, doctors say the number of severely malnourished children arriving at one stabilization center has doubled since the war began. Aid officials also say badly needed food and other supplies are under added strain because the Iran war has disrupted shipping routes and driven fuel prices in Sudan up more than 24%. That means the distant Middle East war is now inflating the cost of survival in the Horn of Africa. The result is not just a humanitarian emergency. It is a conflict being outcompeted for attention while it continues to devour a country.

Source: Associated Press (AP)

πŸ‡΅πŸ‡Έ School paths in the West Bank now run through gas, wire, and ideology. In Umm al-Khair, Palestinian children sat beside a newly erected fence waiting for access to school. Instead, they were met with tear gas and sound grenades fired downhill from a nearby Israeli settlement. Residents’ video showed children running and screaming. The immediate image is ugly enough. The broader structure is worse. Human rights groups and United Nations bodies have spent years arguing that scenes like this are not isolated harassment but symptoms of a system. B’Tselem says Israel’s regime of apartheid and occupation is inextricably bound up with human rights violations, and its West Bank reporting documents land misappropriation, settler violence, segregation, and communities facing expulsion. Amnesty International says Palestinians are subjected to institutionalized oppression, segregation, home demolitions, and forced evictions. Human Rights Watch says settlers in the same territory live under Israeli civil law while Palestinians remain subject to military law, creating a separate and unequal legal system. The UN’s human rights office (OHCHR) said this year that Palestinians in the West Bank face unequal treatment in movement and access to land and water, large-scale land confiscation, and conditions that amount to racial segregation and apartheid under international law. Critics describe this material reality as apartheid conditions through institutionalized segregation, dual legal systems, severe movement restrictions, and ethnic cleansing via annexation, as well as forcible transfer in parts of the West Bank. The barbed wire on a school route, however, is the kind of detail that makes abstract arguments suddenly difficult to abstract away.

πŸ‡ΊπŸ‡Έ LOCAL NEWS

Source: Associated Press (AP)

🧾 Tax Day arrived with deadline stress and a White House sales pitch. Today is Tax Day for Americans, with extensions available until October 15th for filers who need more time. Treasury officials used the deadline to tout President Trump’s new tax breaks as a political success story. They said more than 53M filers claimed at least one deduction created by Republicans’ sweeping tax law. The details were tailored for applause lines. About 6M people claimed no tax on tips. Roughly 21M claimed the overtime deduction. Some 30M older Americans claimed the enhanced deduction for seniors. Treasury also said refunds this season are up 24% compared with the four-year average before President Trump took office. That message is designed to make the tax code feel like a campaign rally with receipts. But the administrative reality is more brittle. The Internal Revenue Service has gone through leadership turnover. Its workforce has been cut by 27% over the last year. And the White House’s tax victory lap is running straight into war-driven gas prices that are obscuring any broader economic message. Tax season still ends with forms and anxiety. This year it also ended with a more explicit attempt to turn filing day into political branding.

Source: Associated Press (AP)

πŸ›οΈ Republicans blocked the brakes again on war powers. Senate Republicans rejected another effort to halt the Iran war ,in a 47-52 vote. That made it the fourth time this year that the chamber has effectively ceded its war powers to the presidency in this conflict. Democrats argued the war is illegal and unjustified without congressional authorization. Republicans countered that they still trust President Trump’s wartime leadership, at least for now, and pointed to Iran’s nuclear program, ongoing talks, and the risks of withdrawal. But even inside the GOP, there are signs of restlessness. The article says some lawmakers are already looking ahead to future war powers votes if the conflict drags on. That matters because the War Powers Act of 1973 sets a 60-day deadline for Congress to authorize force. That deadline arrives at the end of this month, with only a potential 30-day extension beyond it. Lawmakers are demanding a clearer plan for how this ends. The House is expected to face its own uncertain vote soon. The Senate did not restrain the war this time. It did, however, leave behind a paper trail of increasing anxiety. That is not restraint. But it is the start of a different tone.

πŸ—‚οΈ MISC

Source: Associated Press (AP)

πŸ‘Ÿ Allbirds just made the most 2026 pivot imaginable. Allbirds was once a Wall Street darling built on wool sneakers, eco-aesthetics, and direct-to-consumer optimism. Now it wants to become an AI infrastructure company. The San Francisco-based firm said it secured $50M in financing from an unnamed institutional investor. It also said it will rename itself NewBird AI. The money is supposed to fund a shift into AI infrastructure and the purchase of graphics processing units, or GPUs. In plain English, a shoe company wants to rent high-performance compute. The company says the market is starved for AI capacity and that it wants to help close the gap. Industry experts responded with the kind of disbelief usually reserved for parody. Bill Kleyman, an AI infrastructure expert, called it a strange pivot and said moving from shoes into AI infrastructure is not a natural adjacency. The market, of course, rewarded the story anyway. Shares soared more than 600% on the news and hovered near $18 after trading around $3 days earlier. The same stock once traded at $520 a share and the company was valued at $4B in late 2021. This is less a business model than a mood board for the hype cycle. In 2026, if your core business is struggling badly enough, apparently even sneakers can rebrand themselves as compute.

Source: Associated Press (AP)

πŸ“ˆ The rally kept climbing, but even records can look nervous. Wall Street hit another record as the S&P 500 rose 0.8% and cleared its previous all-time high from January. That was notable, but more notable was the speed of the rebound. In late March, the index had fallen nearly 10% below that same record, enough for markets to call it a correction. It has since roared back more than 10%. Hopes for an end to the Iran war have done much of the lifting. Regional officials said the American government and Iran had an in-principle agreement to extend the ceasefire for more diplomacy. That helped calm some worst-case fears about the global economy and Persian Gulf oil flows. But the caution never vanished. Brent crude still settled near $94.93 a barrel, far above its roughly $70 level before the war, even if well below the $119 peak reached during the panic. The Dow dipped 72 points while the Nasdaq gained 1.6%, which is another way of saying the tape is still selective. The 10-year Treasury yield rose to 4.28%. This is what a hopeful market looks like when it still keeps one eye on the exits.

πŸ‘€ ICMYI

πŸ—³οΈ SURVEY

Help better understand our audience. Take this 1-minute survey here so we can provide our community with the best content, news, and stories that matter to you most.

πŸ—£οΈ SHARE PM DAILY

✍️ FEEDBACK

What did you think of this issue?

Let us know your feedback below

Login or Subscribe to participate

Feel free to reply with your feedback. PM reads and responds to every email. :)

That’s all for today!

Much obliged and many thanks for reading and sharing today’s newsletter.

See you tomorrow!

Keep Reading