Public Media Funding Cut: NPR & PBS Impact
US House approves $9 billion funding cut affecting public media, including NPR and PBS. CPB faces $1.1 billion reduction, impacting program funding and future operations. Trump criticizes the cuts.
Pressman Family Feud: Tax Fraud Allegations Rock Barneys Empire
Bob Pressman accuses his late mother and siblings of $20M tax fraud, claiming they falsely claimed Palm Beach residency to avoid NY taxes. The lawsuit exposes family disputes and lavish spending.
Park Avenue: Office Leases, New High-Rise & Tragedy
Park Avenue sees largest office lease by Blackstone, Rudin Company plans high-rise with Citadel. Tragedy struck at 345 Park Ave. despite its regained top-dog status after attrition to Hudson Yards.
Harvard’s Funding Dispute with Trump Administration
Harvard faces potential $500M settlement with the Trump administration over lost federal funding ($2.6B clawed back) due to alleged antisemitism. Negotiations, compliance, and First Amendment rights are key.
UnitedHealth’s Financial Challenges: Lowered Projections & Rising Costs
UnitedHealth faces challenges with higher medical costs, leading to withdrawn projections and leadership changes. The company anticipates profit growth in 2026 but faces rising expenses and industry-wide concerns.
Global Finance: US Trade Deals, Fed & BOJ Policies, KOSPI
Global financial markets eye US trade deals with EU & Japan, Fed & BOJ policy meetings, and US jobs report. Trump's trade tactics impact markets. KOSPI monitored. Tensions rise between White House and Fed.
DEI Under Scrutiny: DOJ Warning and Corporate Retreat
Top DOJ lawyer Harmeet Dhillon warns businesses on DEI. D.E. Shaw scrubs DEI language amid scrutiny and fear of White House attention after facing backlash and a costly libel settlement.
Paramount-Skydance Merger Approved: $8.4B Deal
The FCC approved the $8.4B Paramount Global-Skydance Media merger, giving Skydance control over CBS, Paramount Pictures, Paramount+, MTV, Nickelodeon, and Comedy Central. Shari Redstone will receive $1.75B.
Rising Beef Prices: Trends, Causes & Future Outlook
Beef prices are soaring! Hamburger hit $6.12/lb, up 12% YoY. Experts predict continued increases potentially until 2026 due to shrinking supply, high production costs & strong demand. Market value pricing considered.
Hunter Biden’s Addiction: Rogan’s Controversial Crack Ad Claim
Joe Rogan suggests Hunter Biden's past addiction struggles could inadvertently serve as an advertisement for crack, referencing laptop revelations and substance abuse. Concerns over foreign deals and media censorship are noted.
Coca-Cola: Cane Sugar Variety & US Sugar Supply
Coca-Cola plans a new product with cane sugar. Debate arises about replacing high fructose corn syrup, US sugar sourcing (Texas, Florida, Louisiana), and the nutritional impact (Dr. Dariush Mozaffarian).
German Heiress Kidnapping Case: Israeli Spies & Custody Battle
A German heiress, Christina Block, and her boyfriend are accused of hiring Israeli spies to abduct her children from Denmark amidst a bitter custody dispute with her ex-husband, Stephan Hensel. Trial ongoing.
London Stock Exchange Explores 24-Hour Trading
The London Stock Exchange Group (LSEG) is considering 24-hour trading to stay competitive with New York and the EU post-Brexit, exploring extended hours and tech upgrades. Nasdaq also plans similar move.
Sliwa’s Pro-Business Pitch in NYC Mayoral Race
Curtis Sliwa woos NYC businesses with pro-growth plans, contrasting with rivals courting large donors. He focuses on supporting small businesses, public safety, and attracting investment via in-person campaigning.
Trump, Powell, and the Fed: A Tumultuous Relationship
Trump's alleged discussions with GOP legislators about firing Fed Chair Powell and minimizing concerns about the Fed's spending caused market volatility. The Fed's independence is under scrutiny.
Crypto Presales: Tokens, Launchpads & Security
Understanding crypto presales: accessing tokens, launchpads, security measures like wallets (MetaMask), whitepapers, and risks. SAVW, Coinbase, Ledger, Binance Launchpad are mentioned.
Trump, Powell, and Fed Overhaul: Authority and Controversy
Trump administration explores firing Fed Chair Powell over renovation costs. Allegations of extravagance & calls for "regimen change" fuel debate on presidential authority and Fed's independence. Cost overruns at the Fed headquarters are questioned.