On Wednesday’s “Finnerty,” California gubernatorial candidate Steve Hilton slammed Governor Gavin Newsom’s new free diaper program in the state, calling it a “totally corrupt scheme.”
BREAKING: Reports say the CIA raided the office of Director of National Intelligence Tulsi Gabbard, confiscating files pertaining to the JFK assassination and MKUltra. Greg Kelly has the latest.
An appeals court is set to hear arguments Thursday over the Trump administration's bid to reinstate executive orders that sought sanctions against four elite law firms.
President Trump's remark this week that "I don't think about Americans' financial situation" as he weighs his next moves in Iran may have inadvertently captured the fundamental bind he's in: how to pressure Iran without spooking markets and sending oil prices soaring. Why it matters: Trump currently has no clear way to square his desire to end the war on his terms with the need to rein in inflation and keep the stock market humming in an election year. Between the lines: What Trump appeared to mean in Tuesday's remark is that domestic economic concerns won't deter him from whatever steps he feels are necessary to stop Iran from obtaining a nuclear weapon. - That nuance is certain to be lost in the campaign ads Democrats cut highlighting…
Elon Musk's trillion-dollar-plus SpaceX isn't a public company yet, but its size and ambitions are already upending the stock market and sparking questions over the power and influence wielded by such behemoths. Why it matters: The IPO, expected next month, would signal the start of a new AI era for the public markets, potentially valuing SpaceX as much as $2 trillion. The big picture: OpenAI and Anthropic are also expected to IPO this year — possibly translating into $5 trillion in value in the markets, estimates venture capitalist and MIT research fellow Paul Kedrosky. - The new stocks will hit the markets like a tsunami, he says. - The IPOs will trigger an enormous wave of demand from investors who will pull money out of other…