Axios

The S&P 500 notched its best first-quarter performance in five years, per CNBC.

• The index is up 10.2% so far.

LinkedIn is tinkering with featuring short-form videos.

Why it matters: Until now, the professional networking platform has been one of the few social media brands that hasn't caved to TikTok-style video experiences.

There could be a record number of bee farms in the U.S. right now, according to a new analysis from the Washington Post.

Why it matters: Unusually high hive losses in the early 2000s ignited fears that the domesticated western honey bee, an integral part of the world's food system, was headed for widespread population collapse from pesticide, climate change and invasive mites.

Don't count on a dramatic reduction in Sam Bankman-Fried's time behind bars, even for good behavior.

Why it matters: After a judge slapped him with a 25-year sentence, it looks like the fallen entrepreneur will cross the age of 50 at least, before he is set free, legal experts tell Axios.

OpenAI said on Friday it's allowed a small number of businesses to test a new tool that can re-create a person's voice from just a 15-second recording.

Why it matters: The company said it is taking "a cautious and informed approach" to releasing the program, called Voice Engine, more broadly given the high risk of abuse presented by synthetic voice generators.

Major cruise lines are diverting upcoming cruises from the Port of Baltimore to Norfolk, Va., after the collapse of the Francis Scott Key Bridge.

Why it matters: The Port of Baltimore has halted vessel traffic, including cruise ships, indefinitely as crews work to clear debris and a cargo ship that is blocking the channel.

The NBA's Minnesota Timberwolves are an on-court phenomenon and an off-court farce.

Driving the news: Team owner Glen Taylor announced on Thursday that the T-Wolves and WNBA's Minnesota Lynx are no longer for sale, after former baseball star Alex Rodriguez and ex-Walmart executive Marc Lore missed a March 27 deadline for completing their purchase.

An inflation gauge closely watched by the Federal Reserve showed price pressures eased last month alongside a rebound in consumer spending, the government said Friday.

Why it matters: The data suggests more benign inflation compared to the start of the year, but the indicator shows it is still above the Fed's target — the latest sign that crushing inflation will be a rocky process.

Getting over high inflation looks to take even longer than, say, recovering from a romantic breakup.

Why it matters: That's one conclusion to be teased out from a new study, presented at the Brookings Institution Thursday, and helps explain why the national mood about the economy is still fairly grim, even as inflation has fallen over the past year.

A new raft of AI-powered startups wants to disrupt the financial advice industry. Their pitch: Pay a flat fee once in a while when you need advice, rather than a percentage of your assets every single year.

Why it matters: Most Americans under the age of 55 don't need or even particularly want regular hand-holding and check-ins with a financial advisor. A well-constructed financial plan can easily last years until circumstances arise that require a new one.

Texas Attorney General Ken Paxton opened an investigation into Boeing supplier Spirit AeroSystems on Thursday, citing "reoccurring issues with certain airplane parts" provided to the aircraft maker.

Why it matters: Both Boeing and Spirit AeroSystems have faced scrutiny in recent months over safety and quality issues.