This Republican Has a Wild Idea for Fixing Housing Prices: Let the Market Actually Work

Of course Mamdani takes opportunity to blast America in July 4 speech focused on ‘flaws’

Mamdani mentions he’s an immigrant himself, but completely ignores the fact that this country, which he says is so unwelcoming, made him the youngest mayor in the history of its largest city.

Lakers’ trade for Walker Kessler worth steep price — and needed to happen

In light of the Lakers’ 35-minute free-agency splurge Wednesday morning, which netted them Quentin Grimes, Sandro Mamukelashvili and Collin Sexton, and the dissection of each of those agreements, what can’t be overlooked is how the Lakers kicked it all off by filling their biggest need. The Lakers agreed to a blockbuster trade with the Jazz...

'He actually said this?' Trump stuns with claim about his kids during CNBC interview

President Donald Trump stunned his critics on Thursday with a remark he made about his kids during an interview on CNBC. Trump was asked by CNBC's Joe Kernen about allegations that his children are using insider information to gain favorable business deals. The president recently disclosed that he earned more than $2 billion during his second term, alarming many political analysts and ethics experts. "I feel bad in a way for my kids because every time my kids do, if they invest in a stock or if they go and do a bill, anything they do, because the presidency is so powerful, so big, everything if they buy a cupcake company, well, the energy to make the cupcakes is sort of like, how’s my energy policy?" Trump told Kernen. "So therefore, you have ... almost anything they do, if they buy an energy-efficient truck, they have inside information. So it’s pretty tough in that sense. I tell my kids, 'Stay away from as much as you can stay away from.' But they also have a life.”Questions about the investments made by Trump's children, Don Jr. and Eric, have swirled following the release of Trump's financial disclosures. For instance, Trump's sons recently invested in a mining company in Kazakhstan that later won a nine-figure contract with the federal government. Trump's critics sounded off on social media after the CNBC interview was over. "He actually says this? Wow," Stephen Soldz, a psychologist and researcher in Boston, posted on Bluesky. "Pure corruption. I look forward to the congressional hearings," Zak Williams, a political consultant at Zenith Strategies, posted on Bluesky. "The most corrupt administration in American history and it’s not even close," Max Berger, co-founder of the Momentum Training Institute, posted on Bluesky. "Looking forward to all the Hunter Biden critics weighing in. Especially on Fox," David Corn, Washington bureau chief for Mother Jones, posted on Bluesky.

OpenAI Woos Trump Administration as Investor

Other major U.S. AI companies would also be reportedly involved.

OpenAI courts Trump administration as its latest investor

OpenAI may give the U.S. government a 5% stake in the company, per the Financial Times. The proposal is in very preliminary conversations, according to a person familiar with the matter.Why it matters: If the overture is taken up by the Trump administration, that would mean the government would have a vested interest in weighing whether or not to limit the release of an OpenAI model. Catch up quick: OpenAI views the potential government stake as a way to give the general public a share of the upside of AI, and CEO Sam Altman has previously shared with Axios his interest in some sort of public wealth fund.The goal is to include other AI labs giving over a similar stake.This could look like including shares in Trump accounts or some other vehicle that would give American households exposure to investments in AI, for example. Anthropic supported similar policies in a recent paper, arguing for "universal pre-distributive capital accounts" with "priority given" to those with jobs exposed to AI disruption. Zoom out: The potential investment comes as the White House is still deciding when OpenAI can release its most powerful models widely, through a regulatory process that Altman has said isn't quite "optimal." Altman proposed on Wednesday a U.S.-led international forum to establish AI regulatory standards, which could be a way to allow the government to invest without having as heavy a hand in regulation.Between the lines: Investors tell Axios that the idea of giving a stake reads like a PR stunt aimed at making it seem as if the public could benefit from the AI boom just as the technology threatens their jobs.Yes, but: The government's 9.9% stake in Intel, taken last August, appears to have paid off.Its shares are up nearly 400% since then, although it has also come amid a broad rally for chip stocks. Friction point: The Intel stake was acquired under the CHIPS Act. A deal with the AI labs would likely require an act of Congress.It's also unclear what a government stake would accomplish, other than giving the AI labs a closer relationship to what is currently one of their biggest hurdles: the government. An investor in Anthropic and OpenAI tells Axios that the proposal reads more like a "political move" to gain favor with the administration than something that would actually create a shared benefit for the American public. What they're saying: A government stake would be a "troubling milestone" that hurts competition between the labs, " David Sherman, AI and financial inclusion strategist at io.net, a decentralized cloud network, said via email.It "gives one AI company a government stamp of approval whilst millions of developers, researchers and businesses are locked out by skyrocketing token prices and endless GPU queues," he added, referencing the challenge in accessing AI at current costs or chips at current supply levels.It comes amid broader concern about whether the government is already curbing the competitive edge of U.S. AI labs compared with China by putting guardrails around model release timelines.And if the goal is to share the financial benefits of AI, there are other ways to do that. Some have suggested that AI companies share a percent of pre-tax income or that the government impose a tax on all tokens. Kevin Bankston, an AI governance advisor, wrote "JUST. TAX. THEM." on X.Bill Gates proposed an automated robot tax in 2017 that could slow down automation, suggesting they should be taxed the same way human employees pay income tax. The bottom line: "The labs develop the technology, but citizens and their elected representatives must make the rules," Altman wrote in the Financial Times earlier this week.

ACTION NEEDED TODAY: Please Write Email Supporting President Trump’s USPS Mail-In Ballot EO Today

ACTION NEEDED NOW: Please Write Email Supporting President Trump’s USPS Mail-In Ballot EO Today A corrupt federal judge blocked the U.S. The post ACTION NEEDED TODAY: Please Write Email Supporting President Trump’s USPS Mail-In Ballot EO Today appeared first on The Gateway Pundit.

FIFA needs to reckon with its embarrassing VAR reality after Folarin Balogun red card

The Balogun play was a simple play and it’s ended in a gross misuse of VAR, making a mockery of the system and FIFA.