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- Charlie Kirk assassination reignites debate over Section 230 protections for social media companies
The assassination of conservative activist Charlie Kirk last week has reignited the political debate over reforming a federal law that shields social media companies from liability over the content they post.Videos of Kirk's assassination spread rapidly across social media following the shooting on the campus of Utah Valley University that took the 31-year-old Turning Point USA founder's life last week. That created an immense challenge for social media platforms to remove the video, implement content warnings or age gating to protect users from being exposed to it in their feeds.The circulation of Kirk's assassination video on social media prompted renewed calls from lawmakers to address a federal law known as Section 230 that provides liability protections for social media platforms."Section 230 needs to be repealed. If you're mad at social media companies that radicalize our nation, you should be mad," Sen. Lindsey Graham, R-S.C., said Sunday on NBC's "Meet the Press." Graham… ...[TheTopNews] Read More.40 mins ago - Experts warn Federal Reserve has ‘frozen up’ the American dream with ‘incompetence...As the Federal Reserve revealed its latest rate decision Wednesday, a Trump administration senior counselor blasted the central bank for keeping the American Dream out of reach, as other experts reacted to the cut."We're a hundred basis points, at least, over where we should be," Trump senior counselor for trade and manufacturing Peter Navarro said on "Mornings with Maria" Wednesday. "That's disequilibrium. It hurts our trade balance. It hurts everybody who's trying to get a mortgage. It's frozen up the housing market.""It should be 50 [basis points cut] today, and it should be another 50 at the next meeting. That's where it should be," he continued.The Fed announced its first interest rate cut of the year Wednesday afternoon despite signs of tariffs pushing inflation higher amid rising concerns about the labor market. The 25 basis-point cut lowered the benchmark federal funds target range to 4% to 4.25%.REAL ESTATE VETERAN WARNS… ...[TheTopNews] Read More.1 hour ago
- Fed cuts interest rates for first time this year amid weakening labor marketThe Federal Reserve on Wednesday announced the first interest rate cut of the year as policymakers lowered its benchmark interest rate by 25-basis-points, as signs of a weakening labor force outweighed elevated inflation.Following the central bank's decision to cut rates for the first time since December 2024, the federal funds rate will sit at a new range of 4% to 4.25%. The cut comes after the Fed left rates unchanged at its first five meetings this year amid economic uncertainty.Policymakers have been monitoring economic data which has shown a slowdown in hiring as businesses grapple with shifts in trade and immigration policy, while inflation has remained elevated and trended higher in recent months as tariff-related price hikes filter through into inflation data. That dynamic has presented a challenge for policymakers in achieving both of the goals of the Fed's dual mandate to promote maximum employment and stable prices in line with the Fed's… ...[TheTopNews] Read More.2 hours ago
- Live Nation CEO says demand is unmistakable, but concert tickets are still relatively underpriced
Despite headlines about rising ticket prices, Michael Rapino argued that concerts are still underpriced compared to sporting events. ...[TheTopNews] Read More.2 hours ago - The Fed meeting brings together a Trump ally with a target of his ire.
...[TheTopNews] Read More.3 hours ago - Top Bessent Aide, Daniel Katz, Expected to Be Tapped as No. 2 at I.M.F.The appointment would come as the Trump administration has called for sweeping reforms at the global economic institution. ...[TheTopNews] Read More.3 hours ago
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