A frontpage overview of the news from The Wall Street Journal, USA Today, The New York Times, The Washington Post, and Los Angeles Times for May 4.

S. and Iran. While the closure of the Strait of Hormuz has triggered an energy shock and fueled record high inflation, major economies have shown surprising resilience due to advances in artificial intelligence and increased efficiency. Domestic headlines focus on President Trump’s struggling poll numbers, the shuttering of Spirit Airlines, and a massive GameStop bid for eBay. Meanwhile, social concerns emerge regarding ChatGPT’s role in mass shootings and a movement by Republican women to expose sexual misconduct on Capitol Hill. International stories highlight AI-powered targeting in Middle East conflicts and the ongoing humanitarian toll of the war in Ukraine.