Look, when people start to gamify investing, right?
So when you think about people being rewarded with balloons and fireworks for trading,
which we know is the more you trade, the worse offer you 're going to be in the long run.
I'm Joe Davis.
And I'm Christine Kashkari.
And this is season two of Better Vantage by Vanguard,
an eight-part video podcast series hosted by custom content from WSJ and Vanguard.
Spirit Airlines prepares to shut down after a rescue deal falls apart.
Plus, President Trump threatens to raise tariffs on autos from the European Union.
And a new law in Illinois banning some credit card fees has banks up in arms.
This opens up the possibility of other state legislation that could more significantly
impede their ability to collect fees.
It's Friday, May 1st.
I'm Alex Oseleff for The Wall Street Journal.
This is the PM edition of What's News, the top headlines and business stories that move the world today.
First up, Spirit Airlines is preparing to end operations.
After spending much of the past year and a half in Chapter 11,
Spirit had been hoping to finalize a $500 million lifeline from the government before running out of cash.
The journal has learned that bailout has fizzled.
Now the airline is preparing to shut down.