Consumer credit rose $17.9 billion in April — $6 billion more than projected, the Fed says. Americans may be anxious about tariffs, but low unemployment means a lot of us still have the cash to pay a credit card bill or car payment at the end of the month. But a few debt warning signs are flaring. Also in this episode: Warner Bros. announces a corporate split, the cycling industry shifts gears and we visit a town where the majority of businesses are inside homes.
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The last time a President deployed the National Guard over a governor's objections was more than 50 years ago.
Over the weekend, President Trump did just that — in California. He ordered 2,000 National Guard members to Los Angeles, where people are protesting federal immigration raids.
Today, governor Gavin Newsom said California is suing the Trump administration for what the governor called an unlawful action.
Trump called the protesters "insurrectionists"; Vice President JD Vance suggested they constituted an "invasion." What does that signal about where the situation in California is headed? We ask Juliette Kayyem, a former assistant secretary of Homeland Security in the Obama administration.
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Broadway hit a record-breaking box office haul of $1.9 billion this season driven by renewed interest in the Great White Way and boosted by star-studded shows. At the Tony Awards, there was a call to celebrate acting on stages big and small. Senior arts correspondent Jeffrey Brown peeks behind the curtain for our arts and culture series, CANVAS. PBS News is supported by - https://www.pbs.org/newshour/about/funders
Sarah Silverman is known as one of the sharpest, most fearless voices in comedy, pushing the art form in new directions. In her new Netflix special, "Postmortem," she talks about losing her father and stepmother just weeks apart. She shares her Brief But Spectacular take on saying goodbye. PBS News is supported by - https://www.pbs.org/newshour/about/funders
Former Washington Governor Jay Inslee argues Democrats can win on climate—if they frame it as jobs, savings, and health, not just apocalypse. He points to his state’s 62–38 vote preserving ambitious emissions policy, even in red counties, as proof voters can be persuaded. But national polls rank climate near the bottom of priorities, and skeptics like Matt Yglesias say the green agenda may be driving voters away. Plus: it has become ordinary to label events extraordinary—plus the Spiel sorts hype from heat in L.A.'s latest explosion of ICE raids, flash-bangs and freeway fires.
Produced by Corey Wara Production Coordinator Ashley Khan Email us at thegist@mikepesca.com To advertise on the show, contact ad-sales@libsyn.com or visit https://advertising.libsyn.com/TheGist Subscribe to The Gist: https://subscribe.mikepesca.com/ Subscribe to The Gist Youtube Page: https://www.youtube.com/channel/UC4_bh0wHgk2YfpKf4rg40_g Subscribe to The Gist Instagram Page: GIST INSTAGRAM Follow The Gist List at: PescaProfundities | Mike Pesca | Substack
This episode is sponsored by the Pepperdine School of Public Policy. Learn more: https://go.pepperdine.edu/dailysignal
Los Angeles erupted in riots over ICE deportations this weekend—and Gov. Gavin Newsom called enforcing law and order “reckless.”
Victor Davis Hanson breaks down the staggering hypocrisy from California’s leaders, the Mexican flags flying over violent protests, and what the American people really think, according to new CBS polling on today’s episode of “Victor Davis Hanson: In His Own Words.”
“ Fifty-four percent (54%) of the American people are for continued deportations. So, you know what is really reckless Gavin? You know what is chaotic? It's you.
“ You're going to lose the optics—Democrats, Left and immigration protestors—if you have a lot of people here illegally and they're waving, not the American flag, but the Mexican flag, as they're committing acts of violence.”
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The attorney-general in California has sued President Trump for deploying the National Guard without the governor's permission. The lawsuit argues that Mr Trump overstepped his authority and "trampled" on the state's sovereignty. Rob Bonta accuses him of trying to manufacture chaos and crisis for his own political ends.
Also in the programme: Reports of more killings close to one of Gaza's new aid distribution sites; claims from an opposition leader in Georgia that her husband was abducted; Italy's referendum on making the path to citizenship easier falls short; and Marc The Force Chapman on being the king of crazy golf.
P.M. Edition for June 9. Roughly 500 Marines are deploying to the L.A. area in the wake of protests over immigration. Plus, dozens of companies with no previous ties to cryptocurrency are snapping up bitcoin and other tokens. WSJ reporter Vicky Ge Huang discusses their strategy, and why it might expose crypto to new risks. And a new 50% tariff on imported steel went into effect last week and is pinching the canned foods industry. We hear from Bob Tita, who covers metals and manufacturing for the Journal, about why that could end up costing consumers more. Alex Ossola hosts.
Negotiators from the two countries are expected to discuss export controls for rare-earth minerals and jet engines, among other items. Plus: Warner Bros. Discovery shares fell after it announced plans to split the company in two. And Apple stock slid as its artificial intelligence announcements disappointed some investors. Danny Lewis hosts.