Maryland Gov. Wes Moore signed a measure on Thursday to rebuild Baltimore’s historic but antiquated Pimlico Race Course and transfer the track to state control. Under the new law, Maryland can use $400 million in state bonds to rebuild the home of the second jewel of horse racing’s Triple Crown, the Preakness Stakes. “Because of this bill, we have a path forward to continue running the Preakness in Maryland and renovate the historic Pimlico Race Course," Maryland House Speaker Adrienne Jones, a Democrat, said as Moore nodded in agreement at a ceremony.
Crude oil futures (CL=F, BZ=F) stabilize on a surprise inventory drop. Yahoo Finance Senior Reporter Ines Ferré joins Catalysts to discuss oil price trends seen in May so far as Wall Street anticipates OPEC+ to extend its production cuts. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Luke Carberry Mogan.
John Swinney has faced mockery for insisting he represents “fresh leadership” for Scotland after being challenged over his “legacy of failure” during 16 years at the top of the SNP government.