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- How Much SpaceX Are You About to Own?
If you have index funds — such as in a 401(k) — they may soon include shares of the mega company. Here’s a rough calculation. [TheTopNews] Read More.3 mins ago - Judge Orders Trump Admin to Submit Sworn Statement It Will Not Move Forward With...
(Julia Demaree Nikhinson/AP photo) District Court Judge Leonie Brinkema has given the Trump administration one week to submit a sworn statement saying it will not move forward with its $1.8 billion Anti-Weaponization Fund. In May, President Donald Trump announced the establishment of the fund as part of his settlement agreement with the IRS. According to the administration, the fund would be used to repay those who were supposed victims of the weaponization of government. It was widely believed a significant portion of the money would go to January 6 rioters. News of the fund was met with outrage on both sides of the aisle. Even former Vice President Mike Pence, who served alongside Trump in his first term, called the fund “deeply offensive.” In a June 1 report, Axios claimed that Trump was dropping the fund for the time being. Despite this report, there was speculation that the administration would essentially move ahead with the fund in secret. According to The Atlantic, Trump officials allegedly assured allies that the money would still be coming. With that in mind, a judge has reportedly requested assurances that the administration would halt plans for the fund. MS Now producer Kyle Griffin reported: BREAKING: Judge Brinkema is giving the Trump admin one week to submit a sworn statement — signed by the Attorney General and Treasury Secretary — that the slush fund will not go forward. The update came minutes after the news that Trump’s fund has been blocked by the court. BREAKING: Judge Brinkema is giving the Trump admin one week to submit a sworn statement — signed by the Attorney General and Treasury Secretary — that the slush fund will not go forward. https://t.co/gQrRVLac1o — Kyle Griffin (@kylegriffin1) June 12, 2026 —The post Judge Orders Trump Admin to Submit Sworn Statement It Will Not Move Forward With Anti-Weaponization Fund first appeared on Mediaite. [TheTopNews] Read More.1 hour ago - BREAKING: At Least 1 Dead, 11 Others Injured in Active Shooter Situation in Midl...
At least one person has been killed and 11 others injured in an active shooter situation in Midland, Texas, according to the city’s mayor. Authorities responded to a report of shots fired at about 8 a.m. local time on Friday morning at a building on West Wall Street in Midland, according to KOSA. “We do have 11 known victims at this time,” Midland Mayor Lori Blong told reporters. “There’s at least one victim that is dead on the scene. We don’t have any other details to disclose at this time. But that’s the situation as of right now.” One person was killed and 11 others were injured Friday morning during an active shooter incident in Midland, Mayor Lori Blong said. MORE: https://t.co/B7rqBFHPxj pic.twitter.com/EMQcBbQWMd — CBS Austin (@cbsaustin) June 12, 2026 Andrea Mendias, an employee of a nearby auto body shop, heard about 40 shots as the situation unfolded, according to the Associated Press. The shooter is reportedly contained, but remains in a standoff with authorities. Watch above via Fox News. This is a developing story and will be updated.The post BREAKING: At Least 1 Dead, 11 Others Injured in Active Shooter Situation in Midland, Texas first appeared on Mediaite. [TheTopNews] Read More.1 hour ago - ‘Oh Dear God!’ Jon Stewart Horrified by Eerie Elon Musk TheoryJon Stewart winced in horror as writer Quinn Slobodian shared a theory on Elon Musk’s worldview after co-authoring a book about the tech billionaire. Slobodian joined Stewart this week on The Weekly Show podcast where he discussed his book, Muskism, which is a deep-dive on Musk’s influence on tech, capitalism, the culture, and more. According to the book’s synopsis: “Everyone’s got an Elon take. He’s a messiah. A menace; a genius; a clown. The verdicts differ, but they share one theme: they treat him as an individual. Muskism argues otherwise. Elon Musk isn’t a glitch in the system—he is the system. His worldview promises sovereignty through technology: plug in, power up, and become self-reliant. But the more you connect, the more he owns you.” Slobodian and Stewart discussed Musk and his success compared to past business leaders like Henry Ford. At one point, Slobodian shared his thoughts on how Musk views the world as a “space that works from computers outward” and Stewart winced and threw his hands on his head as Slobodian explained further. “Why does — do these industrial technocrats or whatever, all seem to flow into that ideology of diversity will destroy us?” Stewart asked. “Well, I mean, Musk is kind of a unique one in that case because I would say that previous eras of industrialists often welcomed incoming immigrants as long as they met a kind of physical standard that could be, you know, useful human capital inside of their factories. But Musk comes to his way of thinking about those populations through his kind of computational lens. So you mentioned operating system earlier. It’s very much the way Musk sees the world,” Slobodian said. He continued: The world is a space that works from computers outward. He first got a programmable Commodore when he was a teenager, then he connected to the internet before he left South Africa, and ever since then he’s been seeing computers as a kind of control unit for reality. If you see society that way then when things happen that are against your material interests, you assume them to be either bugs or viruses or failed programming in the system that needs to be fixed. “Oh, dear God,” a shocked Stewart responded. Slobodian said his theory could be seen playing out clearly when Musk would describe his previous work with the federal government and DOGE. “He said not… [TheTopNews] Read More.1 hour ago
- BREAKING: US and Iran Have Reached ‘Final, Agreed Upon’ Peace Deal, Per Paki...
Sergey Guneev / Sputnik via AP Iranian Foreign Minister Seyed Abbas Araghchi announced on X Friday that a deal to end the conflict between the United States and Iran “has never been closer.” “The Islamabad Memorandum of Understanding has never been closer,” wrote Araghchi. “Pending its finalization, the media should refrain from entering speculation about its content. In line with our responsible and transparent approach, all details will be shared with the public in due course.” The Islamabad Memorandum of Understanding has never been closer. Pending its finalization, the media should refrain from entering speculation about its content. In line with our responsible and transparent approach, all details will be shared with the public in due course. — Seyed Abbas Araghchi (@araghchi) June 12, 2026 Trump reposted Araghchi on Truth Social right above the president’s earlier warning that Iran needs to “get their act together.” “The terms that Iran leaked out to the Fake News have NOTHING to do with the terms that were agreed to, in writing,” Trump wrote earlier Friday, continuing: What they said, including their weak and pathetic statement on having a deal, bears no relation to the truth. Very dishonorable people to deal with. With them, there is no such thing as dealing in good faith. AMAZING! Also, their totally rebuffed Drone attack last night against Indian Ships leaving the Hormuz Strait is TOTALLY UNACCEPTABLE. They better get their act together, and FAST! President DONALD J. TRUMP Pakistani Prime Minister Shehbaz Sharif also confirmed that a final agreement was near. “Amid ongoing intense mediation efforts by Pakistan, we are fully aware of incessant misinformation campaign being waged by those who want to sabotage the peace deal,” Sharif wrote. “Setting aside the noise, we can confirm that a final, agreed upon text of the peace deal has been reached and Pakistan is now working closely with both sides to finalize the next steps. Peace has never been this close as it is now.” Amid ongoing intense mediation efforts by Pakistan, we are fully aware of incessant misinformation campaign being waged by those who want to sabotage the peace deal. Setting aside the noise, we can confirm that a final, agreed upon text of the peace deal has been reached and… — Shehbaz Sharif (@CMShehbaz) June 12, 2026 Trump has come under fire from his own supporters over mixed messages on… [TheTopNews] Read More.1 hour ago - Sam Bankman-Fried’s Crypto Fraud Appeal Denied, Days After His Plea for Trump ...
(AP Photo/John Minchillo, File) Convicted crypto fraudster Sam Bankman-Fried’s attempt to have his conviction overturned has been denied by a federal appeals court. The Manhattan-based 2nd Circuit Court of Appeals denied the 34-year-old’s former FTX CEO’s claim that his 2023 trial was unfair, with Judge Barrington Parker writing that “the government’s evidence against him was, conservatively stated, robust.” According to the Department of Justice, Bankman-Fried, who founded the cryptocurrency exchange FTX and the cryptocurrency trading firm Alameda Research, “misappropriated billions of dollars of customer funds deposited with FTX, defrauded investors in FTX of more than $1.7 billion, and defrauded lenders to Alameda of more than $1.3 billion.” The ruling comes just days after Bankman-Fried appealed to President Donald Trump for a full pardon. Bankman-Fried is currently serving a 25-year prison sentence for fraud, conspiracy, and money laundering related to the collapse of his crypto exchange in what prosecutors have called “one of the largest financial frauds in American history.” Trump told The New York Times in January that he did not plan to pardon Bankman-Fried, but that assertion didn’t stop the disgraced former CEO from asking anyway. According to the Times, “Mr. Bankman-Fried’s supporters and his parents have campaigned to convince the president, including working with a lawyer with presidential ties and reaching out to other well-connected people in Washington. Mr. Bankman-Fried’s father has publicly praised Mr. Trump’s policies, and Mr. Bankman-Fried sat for a jailhouse interview with Tucker Carlson, then a Trump ally, last year.” And Politico reported that “Bankman-Fried — who at the height of his power was seen as a burgeoning Washington kingmaker — has been praising Trump in social media posts for months.” “Yet Bankman-Fried is still toxic to many lawmakers in Washington — including Republicans involved in the ongoing debate over how to regulate the crypto market, a fight that Bankman-Fried and FTX once led for the industry,” the report said.The post Sam Bankman-Fried’s Crypto Fraud Appeal Denied, Days After His Plea for Trump Pardon first appeared on Mediaite. [TheTopNews] Read More.2 hours ago
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