NYTIMES (Steven Rattner) - This Trump Proposal is Good for Private Equity — and Not Good for Our Retirement Accounts
A win for private equity. A loss for our retirement assets.
NYTIMES (Helen Shaw, Jesse Green, Alexis Soloski, Scott Heller, Elisabeth Vincentelli and Laura Collins-Hughes) - Tony Nominations Snubs and Surprises: Lea Michele Left Out, ‘Titaníque’ Shines
Lea Michele, Adrien Brody and other boldface names were left out, while June Squibb, André De Shields and Layton Williams as an iceberg were among the surprises.
NYTIMES (Amelia Nierenberg) - What We Know About ‘Project Freedom’ in the Strait of Hormuz
Violence flared in the waterway on Monday after President Trump said the United States would help guide stranded ships. It’s not clear exactly how the plan is working.
ABCNEWS - Colorado braces for significant late-spring snowstorm
May is expected to feel like December in parts of Colorado as a significant snowstorm is forecast to hit the state on Tuesday.
AXIOS (Madison Mills) - Jamie Dimon blesses the trillion-dollar AI capex boom
JPMorgan Chase CEO Jamie Dimon stood next to Anthropic CEO Dario Amodei in New York on Tuesday and told Wall Street the AI buildout is worth every dollar. Why it matters: With investors increasingly anxious about whether AI revenue can keep pace with spending, the head of the world's largest bank endorsed a capital expenditure wave projected to top $1 trillion next year. - The latest Big Tech earnings reports last week made clear that the massive buildout is propping up not only the stock market, but U.S. economic growth writ large. - "The technology is so powerful, it's worth the trillion-dollar investment," Dimon said at an Anthropic event unveiling new partnerships and AI agents tailored to financial services. Zoom in: Dimon and…
JPMorgan Chase CEO Jamie Dimon stood next to Anthropic CEO Dario Amodei in New York on Tuesday and told Wall Street the AI buildout is worth every dollar. Why it matters: With investors increasingly anxious about whether AI revenue can keep pace with spending, the head of the world's largest bank endorsed a capital expenditure wave projected to top $1 trillion next year. - The latest Big Tech earnings reports last week made clear that the massive buildout is propping up not only the stock market, but U.S. economic growth writ large. - "The technology is so powerful, it's worth the trillion-dollar investment," Dimon said at an Anthropic event unveiling new partnerships and AI agents tailored to financial services. Zoom in: Dimon and…Open
NYTIMES (Pooja Salhotra and Sonia A. Rao) - Secret Service Agent John Spillman Charged With Indecent Exposure at Miami Hotel
The officer, who was in Miami for an event President Trump was attending over the weekend, was seen masturbating in the hallway, the police said.
ABCNEWS - FAA employee arrested after allegedly using work computer to threaten Trump
A federal worker was arrested after he allegedly threatened to harm the president and used a work computer to research his plans, prosecutors said.
ABCNEWS - Trump's drugmaker deals may save economy $529B over 10 years, White House says
President Donald Trump’s deals with drugmakers requiring many of their U.S. prescription prices to drop could save the economy $529 billion over the next decade
ABCNEWS - Indiana state Senate races are a test of Trump's endorsement, redistricting vote
A set of state Senate primary races in Indiana on Tuesday have turned into a test of the sway of President Donald Trump.
NYTIMES (Ben Casselman and Tony Romm) - The Federal Safety Net Isn’t Ready for Artificial Intelligence
As fears of A.I.-driven job losses mount, economists warn that unemployment benefits and other programs to help displaced workers aren’t sufficient.