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- Can the U.S. Rein in Prediction Markets? + Joanna Stern on Her Year of A.I. Expe...
“It seems every other day I am reading a story about a massive insider trading scandal.” [TheTopNews] Read More.31 mins ago - Stephen Colbert Predicts One Fast Food Chain’s Warning May Finally Help Trump ...
Stephen Colbert mocked the administration’s denial that the “economy is bad” by pointing to a blunt warning from President Donald Trump’s favorite fast food chain that, the comedian said, could finally show him “the cost of war.” Opening The Late Show on Thursday, Colbert began by announcing that the war had entered its 69th day – “nice, and terrible” – before revealing the impact that rising oil prices were having on working Americans, as the Strait of Hormuz deadlock continues. “We still don’t know how Iran’s response to Trump’s one-page peace offer will be, but we do know the White House is desperate for a deal before the midterms,” he began. “In a recent poll, more than eight in 10 Americans said struggles at the gas pump are putting strain on their finances.” “The other two Americans couldn’t talk right now because they were busy sucking gas out of their neighbor’s Subaru,” he quipped. Pivoting to the strain on businesses, Colbert went on: “Businesses are also being hurt. Today, we got a warning that continued supply chain disruptions could push costs higher from the CEO of McDonald’s.” McDonald’s warned on Thursday that mounting pressures from inflation and supply chain disruptions, pushing up beef and energy costs, were putting strain on franchisees and customers alike. “Yeah, perhaps this will finally show Trump the true cost of war,” he cracked. “Because this man did not work hard enough for peace, he could lose his 10-piece.” The host then moved to mock the administration’s Baghdad Bob-style gyrations, highlighting a recent clip from Trump’s chief economic adviser, Kevin Hassett, on Fox Business. Hassett insisted the economy was in great shape, pointing out that credit card spending is “through the roof.” “Yes, things are great,” Colbert smiled after rolling the video. “Credit card spending is through the roof! Bottle collection has become very popular! Sales of scratchers have skyrocketed! And there’s never been a better time to start a career as a bus station gigolo!” Watch above via CBS.The post Stephen Colbert Predicts One Fast Food Chain’s Warning May Finally Help Trump See the ‘Cost of War’ first appeared on Mediaite. [TheTopNews] Read More.1 hour ago - ‘Historic Shift’: Trump Ally Nigel Farage’s Party Rocks UK in Shock Electi...British voters delivered a stunning blow to Prime Minister Keir Starmer’s Labour Party in local elections on Thursday, as Trump ally Nigel Farage celebrated major victories for his right-wing Reform UK party across the country. Early results on Friday showed Labour hemorrhaging council seats in former strongholds, losing nearly 260 positions as Reform UK racked up close to 400 gains in a sweeping political upset less than two years after the prime minister’s landslide 2024 victory. The elections covered more than 5,000 local government seats across England, roughly equivalent to county and city council races in the U.S., along with mayoral contests and regional elections in Scotland and Wales. “You are witnessing an historic shift in British politics,” Farage said as the results rolled in. “It’s a big, big day — not just for our party, but for a complete reshaping of British politics in every way.” Farage, one of President Donald Trump’s closest political allies in Europe and a longtime champion of anti-immigration politics, framed the results as a revolt by a frustrated electorate against Britain’s political establishment, but also one that set up his party as a contender capable of pushing for parliament in the U.K.’s 2029 general election The scale of the losses immediately intensified questions over the embattled prime minister’s authority and long-term future. Since leading Labour to a landslide victory in 2024, Starmer has faced mounting backlash over reversals and mixed messaging on taxes, immigration, welfare, and proposed digital ID policies. He was already under scrutiny over vetting failures that resulted in Peter Mandelson being appointed as Britain’s ambassador to Washington despite Mandelson’s past association with convicted sex offender Jeffrey Epstein. Speaking on Friday, Starmer admitted the results were “very tough” and said they “hurt,” but insisted he would not resign. “Tough days like this don’t weaken my resolve to deliver the change that I promised,” he said. These are tough results for Labour. There’s no sugarcoating it. We’ve lost brilliant Labour representatives who’ve stood up for their communities. People are still frustrated. Their lives aren’t changing fast enough. We haven’t offered enough hope or optimism for the future. I… pic.twitter.com/fX70cmFKpQ — Keir Starmer (@Keir_Starmer) May 8, 2026 While Labour lost support on the right to Reform, it also faced erosion from the Greens among younger progressive voters angry over Starmer’s tougher rhetoric on immigration and cautious economic agenda. The Conservative… [TheTopNews] Read More.1 hour ago
- TikTok rows back AI video descriptions in US after absurd errors
While only rolled out to some TikTok users, the feature's bizarre AI-generated descriptions were shared widely. [TheTopNews] Read More.2 hours ago - The Hopelessness of ‘The Audacity’In AMC’s merciless satire, the tech lords are extracting all they can from the business (and us) before everything goes to hell. [TheTopNews] Read More.2 hours ago
- ‘Hold On – Can You Just Say That Again?’ Stephanie Ruhle Can’t Believe T...MS NOW host Stephanie Ruhle had difficulty processing the Trump administration’s posture on the current ceasefire between the U.S. and Iran. The two countries exchanged fire on Thursday amid a pause in the conflict, which commenced when the U.S. and Israel began bombing Iran on Feb. 28. President Donald Trump referred to the latest U.S. strikes on the country as “a love tap.” Iran has restricted transit through the vital Strait of Hormuz, which it more or less controls at this point. On Thursday’s edition of The 11th Hour, Ruhle asked Peter Baker of The New York Times about the latest: RUHLE: Peter, what are you hearing from the White House tonight? Is there concern that the ceasefire could fall apart? BAKER: Well, there’s concern, but I think they seem very determined at this point to maintain the ceasefire, even as there’s plenty of fire, right? You know, missiles are flying, boats are being– RUHLE: Hold on – can you just say that again? Because that’s absolutely absurd. And we need to just punctuate where we are. Just say it again. BAKER: It’s a ceasefire with lots of fire going on. It’s now it’s relatively modest fire compared to what we saw earlier. And so they’re able to play it down a little bit, but they’re determined to maintain the idea anyway that they’re in a ceasefire. And they’re trying to basically find a path to get out of this. Earlier in the day, Trump took questions from reporters, one of whom asked about his decision to halt Project Freedom, a military effort to escort ships through the Strait of Hormuz. Trump ended the endeavor after one day. The reporter asked if he would resume the project because of high gas prices. “Well, no gas prices have come down today. Have you looked? They’ve come down very substantially today,” Trump said, even though gas prices went up and stocks were down on Thursday. “You know what’s happened today? Gas prices are way down, and the stock market is way up today.” Watch above via MS NOW.The post ‘Hold On – Can You Just Say That Again?’ Stephanie Ruhle Can’t Believe Trump’s ‘Absurd’ Ceasefire Posture first appeared on Mediaite. [TheTopNews] Read More.7 hours ago
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