P.M. Edition for July 22. To keep his company competitive in a wild and costly AI battle, Elon Musk is seeking up to $12 billion for xAI as it looks to build a new data center. Plus, Republican leaders in the House have cut short this week’s session as the furor over disclosures from the Jeffrey Epstein investigation continues. “Buy now, pay later” plans become more popular among Americans, but they might hurt their chances of mortgage or credit-card approval. WSJ personal economics reporter Imani Moise discusses why banks are worried about the rise of “buy now, pay later.” Alex Ossola hosts.
Jeffrey Epstein was a wealthy financier and convicted sex offender who operated a vast network of sexual abuse and trafficking of underage girls, died in jail under suspicious circumstances, Controversy surrounding former President Donald Trump includes his past friendship and social ties with Epstein, and now the Republican control Congress which is blocking the release of records in Epstein investigation.array(3) {
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Buc-ee's — the chain of road stops with a beaver mascot and a die-hard fanbase — is looking to expand westward. Its next stop is Palmer Springs, Colorado: a small, rural town known for its lush greenery and outdoor recreation. But some local residents are looking to “heave the beave.” And they have a powerful billionaire backing them: ‘cable cowboy' John Malone. WSJ’s Jim Carlton reports on this standoff over development and the future of the American West. Annie Minoff hosts.
With Block joining the S&P500 and Figma pricing its IPO, investors may be wondering if they should be rising with the tide or fishing where others are not.Emily Flippen, Jason Hall, and Sanmeet Deo discuss:
Whether or not it makes sense to "buy the add" when a stock is added to an index
Figma's drive to enter public markets and its current valuation
Contrarian investment ideas for beaten-down rule breakers
Companies discussed: XYZ, FIG, ROKU, PTON, W, ETSYHost: Emily Flippen, Jason Hall, Sanmeet Deo Producer: Anand Chokkavelu Engineer: Dan Boyd, Adam LandfairDisclosure: Advertisements are sponsored content and provided for informational purposes only. The Motley Fool and its affiliates (collectively, “TMF”) do not endorse, recommend, or verify the accuracy or completeness of the statements made within advertisements. TMF is not involved in the offer, sale, or solicitation of any securities advertised herein and makes no representations regarding the suitability, or risks associated with any investment opportunity presented. Investors should conduct their own due diligence and consult with legal, tax, and financial advisors before making any investment decisions. TMF assumes no responsibility for any losses or damages arising from this advertisement. Learn more about your ad choices. Visit megaphone.fm/adchoices
President Donald Trump is suing the publisher and owner of the Wall Street Journal and seeking damages of $10 billion for defamation.
Last week, the paper published an article describing a letter Trump sent to disgraced, self-styled financier Jeffrey Epstein for his 50th birthday in 2003. That letter reportedly included a lewd drawing. The president says — without evidence — that he didn't write the letter. The Journal's publisher says they will defend against the lawsuit.
In a post on Truth Social, the president wrote the lawsuit was filed "not only on behalf of your favorite President, ME, but also in order to continue standing up for ALL Americans who will no longer tolerate the abusive wrongdoings of the Fake News Media."
We discuss the president's legal action — and the threat of it — against the media.
Republicans are nullifying bipartisan budget deals and planning a mid-decade redistricting to try to hold the House after the midterms. Trump is methodically working to crush dissent in the media, chill major Dem donors, and shut down the party's online fundraising portal, ActBlue. One political party is breaking all the norms, while the other is trying to stick to them. Sen. Murphy tells Tim that democracies die when the rules change and the opposition refuses to adapt. Meanwhile, Trump's detention regime is not only making prison-builders filthy rich, it will also likely draw in ICE candidates eager to abuse their power. Plus, Epstein is a bad story for the administration no matter how you slice it, and Tim shares his thoughts about Hunter.
On this episode of "The Federalist Radio Hour," Beth Akers, a senior fellow at the American Enterprise Institute, joins Federalist Senior Elections Correspondent Matt Kittle to discuss the U.S. Supreme Court's decision weighing in on the Trump administration's plans to gut the Department of Education. Akers and Kittle also analyze what it would take to fully dismantle or at least check the taxpayer-funded education arm of the federal bureaucracy.
If you care about combating the corrupt media that continue to inflict devastating damage, please give a gift to help The Federalist do the real journalism America needs.
Lately, tech companies like Meta have been putting hundreds of billions toward building new data centers to power their AI ambitions. Some communities have been pushing back, however, arguing these facilities strain local resources. But demand for data centers isn’t expected to slow down anytime soon. On the show today, Landon Marston, professor of civil and environmental engineering at Virginia Tech, explains what data centers actually are, why they require so much energy and water to operate, and how they can affect nearby communities. Plus, how can data centers become more sustainable?
Later, reflections on Medicaid cuts and the power of journaling. And, a listener makes us smarter about “100-year floods.”
