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CNN Radio News Day: May 3, 2013
Horses in the stable yard during morning workouts for the Kentucky Derby at Churchill Downs in Louisville, Kentucky.
May 3rd, 2013
04:41 PM ET

CNN Radio News Day: May 3, 2013

CNN Radio News Day is an evening news program providing an informative, thoughtful and creative look at the day's events. It's posted Monday through Friday at 4:30 pm ET.

You don’t have to be at this blog to listen, we want you to take us with you! Click the download button in the SoundCloud player and put us on your smart phone or tablet and bring us with you in the car, on the train or while you’re working out.

(CNN) – Welcome to CNN Radio News Day. Here's some of the stories we are covering in today's show:

  • The economy got more good news today in the form of a jobs report. 165,000 new jobs in April pushed the unemployment rate to a four-year low of 7.5%. Progress, but there's still a lot of people looking for work. On Wall Street the jobs numbers sent  stocks flying. Both the Dow and the S&P 500 set records today. The national economic trend remains positive but the economic recovery is playing out differently across the country. So we checked in on a few communities and found in St. Louis things have recently gotten worse. Tim Logan covers the economy for the St. Louis Post Dispatch. He says after six months of improvement, the jobs numbers for March took a dip and it might have something to do with all the defense industry jobs in the region:

"There's some reason to believe that the sequester related slow down in defense spending is having an unusually large impact here.

  • Houston Texas today played host to thousands of National Rifle Association members. The group is holding their annual conference . They also selected a new president. A lawyer from Alabama named James Porter. When it comes to guns the NRA dominates the discussion on the right and recently the left has gotten a financial boost from New York Mayor Michael Bloomberg.  CNN's Steve Kastenbaum is based in New York City. He says:

"This is nothing new for Michael Bloomberg. He has talked about gun violence almost from the first day he took over the mayor’s office in New York. But lately, it seems like he’s made this his number one priority. "  And Kastenbaum reports even if you don't live in a major city you might soon hear Bloomberg's message thanks to ad buys.

  • The Kentucky Derby runs tomorrow – that one big event in horse racing that brings in people who don't follow the sport year-round. Part of the fun is getting people together to watch it, and making friendly wagers on your favorite horse. A lot of people base their wager simply on the name of a horse. Saturday's field includes horses with names like Palace Malice, Normandy Invasion, Charming Kitten, and Frac Daddy. But those names have to be approved. Bob Curran, Jr. works at the Jockey Club, the group responsible for approving those names:

"Sometimes when horses have failed, like Smarty Jones or Funny Cide, people have joked that those names weren't good enough to be Triple Crown winners."

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