The conversation covered various topics, including the stock market’s $30 trillion value and the bond market’s $50 trillion, with concerns about rising bond yields and the impact on Joe Sixpack’s portfolios. The discussion also highlighted the House Republicans’ narrow approval of their budget framework, emphasizing the need for $1.5 trillion in federal program cuts. Matt Gagnon criticized the spending aspects of the bill, comparing it to Biden’s infrastructure bill. The segment also touched on the Doge experiment’s failure, with Elon Musk aiming to cut $150 billion, and a caller’s concern about rising taxes in Portland.
The Maine State Fire Marshal’s Office said a firefighter was found in the rubble of the fatal fire. Because of the complexity of the scene, the investigation is expected to take some time.
Alex Murdaugh's murder convictions and life sentence for the deaths of his wife and son were overturned Wednesday by the South Carolina Supreme Court because the court clerk at his trial suggested he was guilty. But the disgraced lawyer won't be leaving prison anytime soon.
Workers at Denver airport initially missed a security breach by man who scaled an 8-foot perimeter fence and crossed a runway where he was hit and killed in a fiery collision by a plane with 231 people on board, authorities said Tuesday.
The Labor Department's consumer price index rose 3.8% from April 2025, according to data released Tuesday. On a month-to-month basis, April prices rose 0.6% from March as gasoline prices rose 5.4% during the month; the month-over-month gain was down from 0.9% increase from February to March.
Defense Secretary Pete Hegseth faced tough questions from Republican and Democratic lawmakers in Congress on Tuesday about the Trump administration's end game for the Iran war, the conflict's costs and its impact on diminishing weapons stockpiles.
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