A recent annual report from Trust & Will found that although 83% of Americans believe estate planning is important, only 31% have a will, and 55% have no plan at all. Today, the company says it has helped hundreds of thousands of families create estate plans and settle probate to solve for that problem, and over one million Americans have started their legacy planning on the platform.
The company works directly with individuals and through partnerships with financial institutions. Trust & Will's partnerships include Bank of America, USAA and Navy Federal. To get the word out to the general public, the company recently hired its first celebrity brand ambassadors, Super Bowl Champion Matthew Stafford and his wife, podcaster Kelly Stafford, to talk about their estate planning experience in a national TV commercial. It also recently became the official estate planning partner to two professional sports teams, the Los Angeles Kings and San Diego Wave.
Hinge Health's dual class stock structure gives each share of Class B common stock 15 votes. Almost all of the Class B shares are owned by the founders and top investors.
Employees across more than 2,250 organizations, including Morgan Stanley, Target and General Motors, can access Hinge Health's offerings. The company had more than 532,000 members as of Dec. 31, and more than 20 million people are eligible to enroll, the filing said.
People wait in line for T-shirts at a pop-up kiosk for the online brokerage Robinhood along Wall Street after the company went public with an initial public offering earlier in the day on July 29, 2021 in New York City.
"Our universe has modestly outperformed the S&P 500 since the election, but sentiment has soured of late on declining consumer confidence and signs of slowing discretionary spend," the JPMorgan analysts wrote.
The fintech sell-off follows a strong rally in the fourth quarter, driven by Fed rate cut expectations and hopes for a more favorable regulatory environment under the Trump administration.
In January, President Donald Trump announced plans to invest billions of dollars in AI infrastructure in the U.S. in collaboration with Oracle, OpenAI and SoftBank. The first initiative of the joint venture, called Stargate, will be to construct data centers in Texas, an effort that is already underway, Ellison said during the announcement at the White House.
Oracle said it has more than $130 billion in remaining performance obligations after signing $48 billion in contracts during the period. That excludes contracts related to Stargate, Oracle CEO Safra Catz said on the call with analysts.
Oracle will spend around $16 billion in capital expenditures this year, which is a little more than double the total from last year, Catz added.
“I really can’t even believe that my name is mentioned in that matter,” he said of the lawsuit. “There is absolutely no truth to those allegations. I do not know and have never met the person that filed the suit.”
“I have never done anything like that, and I would never do anything like that to anyone,” he added of the rape allegations. “I’m confident that these ridiculous claims against me will be dismissed.”
Another high-profile name added to the amended lawsuit Friday was comedian and actor Druski, whose real name is Drew Desbordes.
The 30-year-old was also accused in the suit of participating in the gang rape, but strongly denied the accusations and said he was “fully confident” he would be found innocent in a statement Sunday night.
“This allegation is a fabricated lie. I wasn’t even a public figure in 2018 – I was broke living with my mom without any connections to the entertainment industry at the time of this allegation, so the inclusion of my name is truly outlandish,” he wrote on X.
“My heart breaks for actual victims of abuse, but I’m fully confident that the evidence will expose this falsehood and the individuals who are maliciously trying to game the legal system to peddle false narratives.”
Moskovitz owns about 53% of the company's outstanding shares, between his Class A and Class B holdings. He has substantially increased his ownership since the company's public market debut in 2020.
In 2023, following a dip across the tech sector, Moskovitz told CNBC that "It's been a wild two years in the market and there have been some interesting buying opportunities."
He has a total net worth of more than $16 billion, according to Forbes, mostly because of his early Facebook stake.
Moskovitz said in his Monday retirement statement that he plans to focus more on his philanthropic endeavors, such as Good Ventures and Open Philanthropy, which cites "potential risks from advanced AI" among its various focus areas. In 2010, Moskovitz signed the Giving Pledge, a promise by some of the wealthiest people in the world to donate most of their fortunes to charity.
A typical tape-out costs tens of millions of dollars and takes roughly three to six months to complete, with no guarantee the test will succeed. A failure would require Meta to diagnose the problem and repeat the tape-out step.
Meta and TSMC declined to comment.
The chip is the latest in the company's Meta Training and Inference Accelerator (MTIA) series. The program has had a wobbly start for years and at one point scrapped a chip at a similar phase of development.
However, Meta last year started using an MTIA chip to perform inference, or the process involved in running an AI system as users interact with it, for the recommendation systems that determine which content shows up on Facebook and Instagram news feeds.
Meta previously pulled the plug on an in-house custom inference chip after it flopped in a small-scale test deployment similar to the one it is doing now for the training chip, instead reversing course and placing orders for billions of dollars worth of Nvidia GPUs in 2022.
The social media company has remained one of Nvidia's biggest customers since then, amassing an arsenal of GPUs to train its models, including for recommendations and ads systems and its Llama foundation model series. The units also perform inference for the more than 3 billion people who use its apps each day.
The value of those GPUs has been thrown into question this year as AI researchers increasingly express doubts about how much more progress can be made by continuing to "scale up" large language models by adding ever more data and computing power.
Those doubts were reinforced with the late-January launch of new low-cost models from Chinese startup DeepSeek, which optimize computational efficiency by relying more heavily on inference than most incumbent models.
In a DeepSeek-induced global rout in AI stocks, Nvidia shares lost as much as a fifth of their value at one point. They subsequently regained most of that ground, with investors wagering the company's chips will remain the industry standard for training and inference, although they have dropped again on broader trade concerns.
DOGE Looks at Over-Budget, Behind-Schedule High-Speed Rail in California
Republicans scrutinize California's high-speed rail project over delays and soaring costs, while supporters argue it creates jobs and deserves federal funding.
Since the Trump administration launched a deeper analysis into California's high-speed rail project at the urging of Republican lawmakers, a growing number of officials and politicians are questioning its future.
That's after news circulated of Transportation Secretary Sean Duffy's recent press conference held at Los Angeles' Union Station where he noted the administration's compliance review into the plan to build a rail system connecting the state's major cities. The ambitious venture, which included two phases, is more than a decade off schedule and grossly over budget.
Utah Will Be First to Ban Fluoride in Drinking Water
Utah lawmakers who pushed for a ban said putting fluoride in water was too expensive.
Utah will become the first state to ban fluoride in public drinking water, despite widespread opposition from dentists and national health organizations.
Republican Gov. Spencer Cox said he would sign legislation that bars cities and communities from deciding whether to add the mineral to their water systems.
Fluoride strengthens teeth and reduces cavities by replacing minerals lost during normal wear and tear, according to the U.S. Centers for Disease Control and Prevention. The addition of low levels of fluoride to drinking water has long been considered one of the greatest public health achievements of the last century.
Government researchers have found that community water fluoridation prevents about 25% of tooth decay.
Cox said that like many people in Utah, he grew up and raised his own children in a community that doesn’t have fluoridated water — or what he called a “natural experiment.”
“You would think you would see drastically different outcomes with half the state not getting it. We haven’t seen that,” Cox said in a weekend interview with ABC4 in Salt Lake City. “So it’s got to be a really high bar for me if we’re going to require people to be medicated by their government.”
Already, some cities across the country have gotten rid of fluoride from their water, and other municipalities are considering doing the same. A few months ago, a federal judge ordered the U.S. Environmental Protection Agency to regulate fluoride in drinking water because high levels could pose a risk to kids’ intellectual development.
Opponents warned it would disproportionately affect low-income residents who may rely on public drinking water having fluoride as their only source of preventative dental care. Low-income families may not be able to afford regular dentist visits or the fluoride tablets some people buy as a supplement in cities without fluoridation.
Fluoridation is the most cost-effective way to prevent tooth decay on a large scale, said Lorna Koci, who chairs the Utah Oral Health Coalition.
Utah in 2022 ranked 44th in the nation for the percentage of residents that receive fluoridated water, according to data from the Centers for Disease Control and Prevention. About two in five Utah residents served by community water systems received fluoridated water.
“Mr. Combs looks forward to having his day in court where these lies — and the perverse motives of those who told them — will be revealed.”
The legal action was first brought in October by Parham against Combs, who has faced an avalanche of civil suits with sickening sexual allegations and has been hit with federal charges of sex trafficking, racketeering and fraud.
The rapper allegedly used a television remote to rape Parham in a bid for revenge after Parham said the month before she believed Combs had something to do with Tupac’s murder, according to the lawsuit.
The U.S. stock market is falling further Tuesday following President Donald Trump’s latest escalation in his trade war, briefly pulling Wall Street 10% below its record set just a few weeks ago.
The S&P 500 was down 0.6% in afternoon trading after Trump said he would double planned tariff increases on steel and aluminum coming from Canada. The president said it was a response to moves a Canadian province made after Trump began threatening tariffs on one of the United States' most important trading partners.
The Dow Jones Industrial Average was down 371 points, or 0.88%, as of 2:29 p.m. Eastern time. While most stocks on Wall Street were falling, gains for Tesla and a handful of other highly influential stocks were muting the effect, and the Nasdaq composite was flat.
Trump has acknowledged the economy could feel some “disturbance” because of the tariffs. Asked on Tuesday just how much pain Trump would be willing for the economy and stock market to take, White House press secretary Karoline Leavitt declined to give an exact answer. But she said earlier in a press briefing that “the president will look out for Wall Street and for Main Street.”
For his part, Trump said earlier on social media, “The only thing that makes sense is for Canada to become our cherished Fifty First State. This would make all Tariffs, and everything else, totally disappear.”
Tuesday's drops for the stock market also followed more warning signals flashing about the economy as Trump’s on -and- off -again rollout of tariffs creates confusion and pessimism for U.S. households and businesses.
Ukraine Agrees to Accept Immediate 30-Day Ceasefire
Ukraine has agreed to accept a U.S. proposal for an immediate 30-day ceasefire and to take steps toward restoring a durable peace after Russia's invasion, according to a joint U.S.-Ukraine statement on Tuesday.
The two sides, meeting in Saudi Arabia, also agreed to conclude as soon as possible a comprehensive agreement for developing Ukraine's critical mineral resources, according to the statement.
In part, the joint statement read, "Ukraine expressed readiness to accept the U.S. proposal to enact an immediate, interim 30-day ceasefire, which can be extended by mutual agreement of the parties, and which is subject to acceptance and concurrent implementation by the Russian Federation. The United States will communicate to Russia that Russian reciprocity is the key to achieving peace."
Fanta Aw, executive director and CEO of NAFSA, a nonprofit that supports international education, said that Fulbright scholarships are not charity. "They were created with the understanding that the U.S. must exchange with the rest of the world and vice versa. This is about smart diplomacy. It is an investment in our future and in our national security and economic interest."
Some international students studying in the U.S. felt regret that they accepted the Fulbright scholarship after passing on offers from other countries. "I feel extremely disrespected. This is not how we treat our guests in my culture," said Shafiqul Islam from Bangladesh who added he would have gone to the UK if he had known "the U.S. government would humiliate me this way."
Canada's Incoming PM: Tariffs On Until Americans Show Respect
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Canada's incoming prime minister Mark Carney on Tuesday called new tariffs imposed on steel and aluminum by U.S. President Donald Trump an "attack" on Canadian workers, families and businesses.
"My government will keep our tariffs on until the Americans show us respect and make credible, reliable commitments to free and fair trade," Carney wrote in a social media post.
Univ. of Maine Funding Halted on Title IX Violations
The U.S. Department of Agriculture at least temporarily halted funding for the University of Maine after the government announced an investigation into the school for Title IX violations.
The U.S. Department of Agriculture at least temporarily halted funding for the University of Maine after the government announced an investigation into the school for Title IX violations.
The government said in a statement that the university was found to be "blatant disregard for President Trump's Executive Order 14201, Keeping Men Out of Women's Sports."
The USDA announced a compliance review of the school last month for failing to comply with Trump's executive order barring transgender athletes from competing in girls and women's sports.
Trump traded barbs with Democrat Maine Gov. Janet Mills at a White House event last month over the issue of transgender participants in women's sports, with Mills saying, "We'll see you in court."
Secretary Rollins: Egg Prices Down Nearly $2 in 2 Weeks
Agriculture Secretary Brooke Rollins said Tuesday that egg prices dropped by an average of $1.85 in the two weeks since she announced a plan to combat avian influenza and other measures to bring down prices.
Agriculture Secretary Brooke Rollins said Tuesday that egg prices dropped by an average of $1.85 in the two weeks since she announced a plan to combat avian influenza and other measures to bring down prices.
"A good piece of good news we just got in the last day or two is that the average cost of a dozen eggs has gone down $1.85 since we announced our plan about a week and a half ago," she told reporters.
Speaker Johnson: Dems' Continuing Resolution Claims 'All a Lie'
House Speaker Mike Johnson, R-La., on Tuesday accused House Democrats of spreading "misinformation" about the GOP's six-month continuing resolution, saying claims of cuts to entitlement programs and veterans' benefits are "all a lie."
"If Congressional Democrats refuse to support this clean CR, they will be responsible for every troop who misses a paycheck, for every flight delay from reduced staffing at TSA, and for every negative consequence that comes from shutting down the government," Johnson said in a statement to Newsmax.
Sen. Patty Murray, D-Wash., and Rep. Rosa DeLauro, D-Conn., the top two Democrat appropriators, released a short-term funding bill Monday night, calling it an alternative to the House Republicans' CR, which would fund the government through September, reports Politico.
The two parties are facing a deadline this Friday at midnight to avoid a shutdown.
The continuing resolution was filed on Saturday, he added, but "they had already come out panning the bill that literally had not yet been seen."
Johnson said that the Democrats accused Republicans of introducing a CR that threatens to cut funding for healthcare, food assistance programs and veterans' benefits until the end of the year.
"Every single word of that is a lie," he said. "They just made it up. They didn't read the bill. It's nonsense. People are not buying this."
Johnson added that the "clean CR" does not contain any "poison pill riders."
"No cuts to Medicare, Medicaid or Social Security," he insisted. "Zero. No cuts to veterans benefits. Zero. In fact, as was noted, we plus up the accounts for veterans."
Infowars Reporter Jamie White Murdered in Austin
Infowars reporter Jamie White was murdered Sunday night at his apartment complex in an apparent car burglary turned tragic, according to the Austin Police Department.
The APD said White, 36, was found lying in the parking lot of his apartment complex with signs of trauma to his body. He was transported to a local hospital and pronounced dead at 12:19 Monday morning. "The initial investigation shows that White was shot and killed in the parking lot of the apartment complex in which he lived," APD said in a statement. "The suspects then fled the scene. Detectives believe the suspects were possibly burglarizing White's vehicle when he interrupted them."
Rep. Burchett: 'War Pimps' Will 'Squeal' Over DOGE Pentagon Cuts
Rep. Tim Burchett said Tuesday he remains undecided on how he'll vote on a Republican bill to fund the federal government, as he's concerned that any voting for a measure that includes increased spending for the Pentagon will preclude calls to reduce funding later.
The Tennessee Republican, speaking on CNN, also warned that once President Donald Trump's Department of Government Efficiency (DOGE) targets Pentagon spending, there are those in Washington who are "going to squeal like a stuck pig and they should, because they have been, you know, they're war pimps."
The proposed continuing resolution includes increased spending of nearly $9 billion for Central Command and European Command, reports Breaking Defense. The measure specifies that the funds are only to be used "for U.S. military operations, force protection, and deterrence."
The measure includes $892.5 billion for defense, boosting its topline by $6 billion above the FY24 spending limits while remaining just below the $895 billion that had been forecast this year.
But he said that he's concerned that if the government is shut down because a bill to keep it open isn't passed, that will negate all the cost savings that have been coming through DOGE, "so I guess I'm sort of between a rock and a hard place" on voting.
Burchett said he has spoken with Trump and remains undecided on the spending bill.
Defense Secretary Pete Hegseth, meanwhile, has called for 8% cuts to the Pentagon budget each year for the next five years. When asked if he's concerned that if he votes for an increase in spending the decreased spending won't happen, Burchett said he's concerned that generally people on Capitol Hill have "all lied to me, all of our past leadership."
Trump, however, "has never lied to me, and I've given him that opportunity several times in the last couple of weeks," the congressman said.
Education Department to Lay Off Half Its Staff
President Donald Trump has vowed to eliminate the Education Department as part of his aim to transfer more responsibility for education to the states.
The U.S. Department of Education is expected to cut approximately half of its 4,000 employees in sweeping layoffs set to begin on Tuesday evening, CNN reported, citing three people familiar with the plan.
The department's offices in the Washington area had already been ordered closed from Tuesday evening through Wednesday for "security reasons," according to an internal announcement seen by Reuters.
President Donald Trump has vowed to eliminate the Education Department as part of his aim to transfer more responsibility for education to the states.
Similar instructions were given to the U.S. Agency for International Development, which provides aid to the world's needy, and the Consumer Financial Protection Bureau, which protects Americans from unscrupulous lenders.
Both agencies' headquarters were then shuttered as part of Trump's efforts to shrink the size and cost of the federal bureaucracy. Trump's Republican Party views USAID as pursuing a liberal agenda and the CFPB as an example of government overreach by the Democratic Obama administration.
The Education Department, which was created in 1980, employs about 4,000 people.
Trump to Address CEOs Amid Growing Concerns Over Tariffs
President Donald Trump is speaking at a Business Roundtable meeting on Tuesday.
President Donald Trump is set to meet with more than 100 top business leaders Tuesday as uncertainty over his escalating trade war sparks unease on Wall Street and raises concerns about the U.S. economy's stability, The Washington Post reported.
Trump will speak at a Business Roundtable meeting on Tuesday, where he is expected to face mounting concerns from some of the nation's most influential corporate leaders over his aggressive tariff policies.
The event comes as fears over trade tensions contribute to a sharp sell-off in the stock market.
Airlines Face Weak Demand Amid Economic, Safety Concerns
U.S. carriers initially anticipated a strong first quarter, but Delta Air Lines CEO Ed Bastian admitted Tuesday that projections were off, ABC New reported.
Major U.S. airlines are warning of weaker-than-expected demand this spring, citing economic uncertainty and a sharp decline in government and corporate travel following two major aviation incidents earlier this year, ABC News reported.
U.S. carriers initially anticipated a strong first quarter, but Delta Air Lines CEO Ed Bastian admitted Tuesday that projections were off. Speaking at the J.P. Morgan Industrials Conference in New York, executives from Delta, Southwest, United, and American indicated concern about domestic bookings.
Airline officials pointed to two major accidents that have shaken consumer confidence.
House votes to repeal controversial IRS crypto tax rule, sending measure to Trump's desk
The U.S. House voted to repeal a controversial tax rule that requires "custodial brokers" to collect and report user data to the IRS.
The U.S. House of Representatives voted to repeal a controversial tax rule that requires "custodial brokers" to collect and report user data to the Internal Revenue Service, teeing it up for President Trump's signature. Notably, the vote passed with a bipartisan supermajority with support from 291 House Members.
The House voted on Tuesday to approve a joint resolution by Rep. Mike Carey, R-Ohio, and Sen. Ted Cruz, R-Texas, that would repeal an IRS rule finalized in December that requires "DeFi brokers" to act like traditional securities brokers and collect information about their users' trades.
CFPB Employees Say Mass Firing Plans Remain in Place
Two CFPB employees testified Tuesday that top officials remain committed to a large-scale workforce reduction despite a federal judge's ongoing deliberations on whether to halt the effort.
The Trump administration initially planned to lay off nearly 1,200 CFPB employees in early February before U.S. District Judge Amy Berman Jackson issued an order blocking the mass termination.
However, testimony from agency insiders suggests that the restructuring effort is still in progress.
One CFPB official, Adam Martinez, the agency's chief operating officer, testified over two days that while the agency experienced "chaos," it has since returned to basic operational levels required by law.
Other witnesses, however, described a more dire situation.
"These witnesses said top CFPB officials are moving forward with efforts to completely shutter the agency through a large-scale workforce reduction plan."
"Chaotic is generous," Pfaff said. "People have been out of work for three weeks. There was a lot of confusion about what was happening."
During cross-examination, Justice Department attorney Liam Holland questioned Pfaff about failing to alert senior officials that "urgent matters" were left unaddressed. Given the full-scale work stoppage, Pfaff responded that he understood "urgent" to mean issues beyond the agency's typical workload.
The hearing is part of a lawsuit filed by the National Treasury Employees Union and other groups challenging the administration's actions. The plaintiffs have requested a preliminary injunction to prevent further dismantling of the agency while litigation continues.
The administration has denied any plans to abolish the CFPB, citing President Donald Trump's appointment of Jonathan McKernan as the agency's director.
USAID Orders Employees to Burn Classified Docs
It is unclear if Carr got permission from the National Archives and Records Administration to destroy the documents.
A senior official at the U.S. Agency for International Development instructed the agency's remaining staff on Tuesday to pull classified and personal documents from safes and shred and burn them, according to an email verified by The New York Times.
"Shred as many documents first, and reserve the burn bags for when the shredder becomes unavailable or needs a break," read the email written by acting USAID executive secretary Erica Y. Carr.
The Times reported it is unclear if Carr got permission from the National Archives and Records Administration to destroy the documents. The Federal Records Act of 1950 mandates government workers obtain approval from NARA before destroying documents.
Benj Irby to Newsmax: 'Money's Not There' for WNBA to Match NBA Salaries
WNBA players have been angling for larger pay packages like those their NBA counterparts command.
Political commentator Benj Irby weighed in on the WNBA salary controversy Monday night, telling Newsmax that the "money's not there" to justify raising the salaries of players who have threatened to sit out games if their demands are not met.
WNBA players have been angling for larger pay packages like those their NBA counterparts command, arguing that viewership and game attendance are at an all-time high in part due to the popularity of players like Caitlin Clark and Angel Reese.
RFK Jr. Moves to Tighten Loophole on Food Supply Chemicals
Currently, due to the decades-old loophole, companies aren’t required to tell the FDA when they include some chemicals and substances in their products.
Health and Human Services Secretary (HHS) Robert F. Kennedy Jr. has directed the Food and Drug Administration (FDA) to "explore potential rulemaking" to tighten a loophole permitting food companies to put chemicals in their products without notifying the nation's food regulators, The Washington Post reported.
Currently, due to the decades-old loophole, companies aren't required to tell the FDA when they include some chemicals and substances in their products, meaning there are most likely hundreds of such ingredients added to the food supply without government oversight.
Some foods that came onto the market through this loophole, called GRAS ("generally recognized as safe") have later raised safety concerns.
US Measles Cases Rise to 223, Primarily in Rural Texas
The measles outbreak that continues to spread in rural West Texas has risen to 223 confirmed cases, the Texas Department of State Health Services (DSHS) reported on Tuesday.
The measles outbreak that continues to spread in rural West Texas has risen to 223 confirmed cases, the Texas Department of State Health Services reported on Tuesday.
The majority of the cases continue to be concentrated in Gaines County — where 156 infections have been recorded — followed by Terry County, just north of Gaines, which is now reporting 32 cases. Gaines has one of the highest rates in Texas of school-aged children who opt out of at least one required vaccine, with nearly 14% of K-12 children in the 2023-24 school year. Health officials say that number is likely higher because it doesn't include many children who are homeschooled and whose data would not be reported.
Re-runs of "The Apprentice" reality show that propelled Donald Trump into the US national consciousness, are showing on Prime Video, the latest indication of warming relations between the U.S. president and Amazon tycoon Jeff Bezos.
Following a frosty few years between tech titans and the US president, the move is another sign of a rapprochment that saw key figures from Apple, Amazon, Google and Meta bag front-row seats at Trump's January inauguration after making hefty donations.
Bezos has also sought to make his Washington Post newspaper less hostile to the president, ordering its opinion section not to run columns opposed to "personal liberties and free markets," and quashing its planned endorsement of Democrat Kamala Harris before the US election.
Contestants would vie for Trump's approval, allowing them to progress to the following installment, with those who failed summarily dismissed by Trump's now-famous catchphrase "You're fired!"
The ultimate winner of the series was given a six-figure salary to work within the Trump empire.
"The Apprentice" was a huge network television hit for several years and is credited with creating the public persona that Trump leveraged to run for the White House in 2016.
It also spawned dozens of international off-shoots including some that outlasted the US progenitor. While Trump was fired from the US show in 2015 over remarks he made about Mexican immigrants, the British version is still shown on the BBC.
"The Apprentice" is owned by MGM Alternative, whose parent company was bought by Amazon three years ago.
!summarize #jevonhalland #nygiants #nfl #freeagency
A recent annual report from Trust & Will found that although 83% of Americans believe estate planning is important, only 31% have a will, and 55% have no plan at all. Today, the company says it has helped hundreds of thousands of families create estate plans and settle probate to solve for that problem, and over one million Americans have started their legacy planning on the platform.
The company works directly with individuals and through partnerships with financial institutions. Trust & Will's partnerships include Bank of America, USAA and Navy Federal. To get the word out to the general public, the company recently hired its first celebrity brand ambassadors, Super Bowl Champion Matthew Stafford and his wife, podcaster Kelly Stafford, to talk about their estate planning experience in a national TV commercial. It also recently became the official estate planning partner to two professional sports teams, the Los Angeles Kings and San Diego Wave.
Hinge Health's dual class stock structure gives each share of Class B common stock 15 votes. Almost all of the Class B shares are owned by the founders and top investors.
Employees across more than 2,250 organizations, including Morgan Stanley, Target and General Motors, can access Hinge Health's offerings. The company had more than 532,000 members as of Dec. 31, and more than 20 million people are eligible to enroll, the filing said.
People wait in line for T-shirts at a pop-up kiosk for the online brokerage Robinhood along Wall Street after the company went public with an initial public offering earlier in the day on July 29, 2021 in New York City.
"Our universe has modestly outperformed the S&P 500 since the election, but sentiment has soured of late on declining consumer confidence and signs of slowing discretionary spend," the JPMorgan analysts wrote.
The fintech sell-off follows a strong rally in the fourth quarter, driven by Fed rate cut expectations and hopes for a more favorable regulatory environment under the Trump administration.
In January, President Donald Trump announced plans to invest billions of dollars in AI infrastructure in the U.S. in collaboration with Oracle, OpenAI and SoftBank. The first initiative of the joint venture, called Stargate, will be to construct data centers in Texas, an effort that is already underway, Ellison said during the announcement at the White House.
Oracle said it has more than $130 billion in remaining performance obligations after signing $48 billion in contracts during the period. That excludes contracts related to Stargate, Oracle CEO Safra Catz said on the call with analysts.
Oracle will spend around $16 billion in capital expenditures this year, which is a little more than double the total from last year, Catz added.
The company also said it is increasing its quarterly dividend to 50 cents a share from 40 cents.
As of Monday's close, Oracle's stock is down almost 11% year to date.
“I really can’t even believe that my name is mentioned in that matter,” he said of the lawsuit. “There is absolutely no truth to those allegations. I do not know and have never met the person that filed the suit.”
“I have never done anything like that, and I would never do anything like that to anyone,” he added of the rape allegations. “I’m confident that these ridiculous claims against me will be dismissed.”
Another high-profile name added to the amended lawsuit Friday was comedian and actor Druski, whose real name is Drew Desbordes.
The 30-year-old was also accused in the suit of participating in the gang rape, but strongly denied the accusations and said he was “fully confident” he would be found innocent in a statement Sunday night.
“This allegation is a fabricated lie. I wasn’t even a public figure in 2018 – I was broke living with my mom without any connections to the entertainment industry at the time of this allegation, so the inclusion of my name is truly outlandish,” he wrote on X.
“My heart breaks for actual victims of abuse, but I’m fully confident that the evidence will expose this falsehood and the individuals who are maliciously trying to game the legal system to peddle false narratives.”
Moskovitz owns about 53% of the company's outstanding shares, between his Class A and Class B holdings. He has substantially increased his ownership since the company's public market debut in 2020.
In 2023, following a dip across the tech sector, Moskovitz told CNBC that "It's been a wild two years in the market and there have been some interesting buying opportunities."
He has a total net worth of more than $16 billion, according to Forbes, mostly because of his early Facebook stake.
Moskovitz said in his Monday retirement statement that he plans to focus more on his philanthropic endeavors, such as Good Ventures and Open Philanthropy, which cites "potential risks from advanced AI" among its various focus areas. In 2010, Moskovitz signed the Giving Pledge, a promise by some of the wealthiest people in the world to donate most of their fortunes to charity.
A typical tape-out costs tens of millions of dollars and takes roughly three to six months to complete, with no guarantee the test will succeed. A failure would require Meta to diagnose the problem and repeat the tape-out step.
Meta and TSMC declined to comment.
The chip is the latest in the company's Meta Training and Inference Accelerator (MTIA) series. The program has had a wobbly start for years and at one point scrapped a chip at a similar phase of development.
However, Meta last year started using an MTIA chip to perform inference, or the process involved in running an AI system as users interact with it, for the recommendation systems that determine which content shows up on Facebook and Instagram news feeds.
Meta previously pulled the plug on an in-house custom inference chip after it flopped in a small-scale test deployment similar to the one it is doing now for the training chip, instead reversing course and placing orders for billions of dollars worth of Nvidia GPUs in 2022.
The social media company has remained one of Nvidia's biggest customers since then, amassing an arsenal of GPUs to train its models, including for recommendations and ads systems and its Llama foundation model series. The units also perform inference for the more than 3 billion people who use its apps each day.
The value of those GPUs has been thrown into question this year as AI researchers increasingly express doubts about how much more progress can be made by continuing to "scale up" large language models by adding ever more data and computing power.
Those doubts were reinforced with the late-January launch of new low-cost models from Chinese startup DeepSeek, which optimize computational efficiency by relying more heavily on inference than most incumbent models.
In a DeepSeek-induced global rout in AI stocks, Nvidia shares lost as much as a fifth of their value at one point. They subsequently regained most of that ground, with investors wagering the company's chips will remain the industry standard for training and inference, although they have dropped again on broader trade concerns.
DOGE Looks at Over-Budget, Behind-Schedule High-Speed Rail in California
Republicans scrutinize California's high-speed rail project over delays and soaring costs, while supporters argue it creates jobs and deserves federal funding.
Since the Trump administration launched a deeper analysis into California's high-speed rail project at the urging of Republican lawmakers, a growing number of officials and politicians are questioning its future.
That's after news circulated of Transportation Secretary Sean Duffy's recent press conference held at Los Angeles' Union Station where he noted the administration's compliance review into the plan to build a rail system connecting the state's major cities. The ambitious venture, which included two phases, is more than a decade off schedule and grossly over budget.
Utah Will Be First to Ban Fluoride in Drinking Water
Utah lawmakers who pushed for a ban said putting fluoride in water was too expensive.
Utah will become the first state to ban fluoride in public drinking water, despite widespread opposition from dentists and national health organizations.
Republican Gov. Spencer Cox said he would sign legislation that bars cities and communities from deciding whether to add the mineral to their water systems.
Fluoride strengthens teeth and reduces cavities by replacing minerals lost during normal wear and tear, according to the U.S. Centers for Disease Control and Prevention. The addition of low levels of fluoride to drinking water has long been considered one of the greatest public health achievements of the last century.
Government researchers have found that community water fluoridation prevents about 25% of tooth decay.
Cox said that like many people in Utah, he grew up and raised his own children in a community that doesn’t have fluoridated water — or what he called a “natural experiment.”
“You would think you would see drastically different outcomes with half the state not getting it. We haven’t seen that,” Cox said in a weekend interview with ABC4 in Salt Lake City. “So it’s got to be a really high bar for me if we’re going to require people to be medicated by their government.”
Already, some cities across the country have gotten rid of fluoride from their water, and other municipalities are considering doing the same. A few months ago, a federal judge ordered the U.S. Environmental Protection Agency to regulate fluoride in drinking water because high levels could pose a risk to kids’ intellectual development.
Opponents warned it would disproportionately affect low-income residents who may rely on public drinking water having fluoride as their only source of preventative dental care. Low-income families may not be able to afford regular dentist visits or the fluoride tablets some people buy as a supplement in cities without fluoridation.
Fluoridation is the most cost-effective way to prevent tooth decay on a large scale, said Lorna Koci, who chairs the Utah Oral Health Coalition.
Utah in 2022 ranked 44th in the nation for the percentage of residents that receive fluoridated water, according to data from the Centers for Disease Control and Prevention. About two in five Utah residents served by community water systems received fluoridated water.
“Mr. Combs looks forward to having his day in court where these lies — and the perverse motives of those who told them — will be revealed.”
The legal action was first brought in October by Parham against Combs, who has faced an avalanche of civil suits with sickening sexual allegations and has been hit with federal charges of sex trafficking, racketeering and fraud.
The rapper allegedly used a television remote to rape Parham in a bid for revenge after Parham said the month before she believed Combs had something to do with Tupac’s murder, according to the lawsuit.
Combs has denied all wrongdoing.
Wall Street Briefly Drops 10% Below Its Record
The U.S. stock market is falling further Tuesday following President Donald Trump’s latest escalation in his trade war, briefly pulling Wall Street 10% below its record set just a few weeks ago.
The S&P 500 was down 0.6% in afternoon trading after Trump said he would double planned tariff increases on steel and aluminum coming from Canada. The president said it was a response to moves a Canadian province made after Trump began threatening tariffs on one of the United States' most important trading partners.
The Dow Jones Industrial Average was down 371 points, or 0.88%, as of 2:29 p.m. Eastern time. While most stocks on Wall Street were falling, gains for Tesla and a handful of other highly influential stocks were muting the effect, and the Nasdaq composite was flat.
Trump has acknowledged the economy could feel some “disturbance” because of the tariffs. Asked on Tuesday just how much pain Trump would be willing for the economy and stock market to take, White House press secretary Karoline Leavitt declined to give an exact answer. But she said earlier in a press briefing that “the president will look out for Wall Street and for Main Street.”
For his part, Trump said earlier on social media, “The only thing that makes sense is for Canada to become our cherished Fifty First State. This would make all Tariffs, and everything else, totally disappear.”
Tuesday's drops for the stock market also followed more warning signals flashing about the economy as Trump’s on -and- off -again rollout of tariffs creates confusion and pessimism for U.S. households and businesses.
Ukraine Agrees to Accept Immediate 30-Day Ceasefire
Ukraine has agreed to accept a U.S. proposal for an immediate 30-day ceasefire and to take steps toward restoring a durable peace after Russia's invasion, according to a joint U.S.-Ukraine statement on Tuesday.
The two sides, meeting in Saudi Arabia, also agreed to conclude as soon as possible a comprehensive agreement for developing Ukraine's critical mineral resources, according to the statement.
In part, the joint statement read, "Ukraine expressed readiness to accept the U.S. proposal to enact an immediate, interim 30-day ceasefire, which can be extended by mutual agreement of the parties, and which is subject to acceptance and concurrent implementation by the Russian Federation. The United States will communicate to Russia that Russian reciprocity is the key to achieving peace."
Fanta Aw, executive director and CEO of NAFSA, a nonprofit that supports international education, said that Fulbright scholarships are not charity. "They were created with the understanding that the U.S. must exchange with the rest of the world and vice versa. This is about smart diplomacy. It is an investment in our future and in our national security and economic interest."
Some international students studying in the U.S. felt regret that they accepted the Fulbright scholarship after passing on offers from other countries. "I feel extremely disrespected. This is not how we treat our guests in my culture," said Shafiqul Islam from Bangladesh who added he would have gone to the UK if he had known "the U.S. government would humiliate me this way."
Canada's Incoming PM: Tariffs On Until Americans Show Respect
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Canada's incoming prime minister Mark Carney on Tuesday called new tariffs imposed on steel and aluminum by U.S. President Donald Trump an "attack" on Canadian workers, families and businesses.
"My government will keep our tariffs on until the Americans show us respect and make credible, reliable commitments to free and fair trade," Carney wrote in a social media post.
Univ. of Maine Funding Halted on Title IX Violations
The U.S. Department of Agriculture at least temporarily halted funding for the University of Maine after the government announced an investigation into the school for Title IX violations.
The U.S. Department of Agriculture at least temporarily halted funding for the University of Maine after the government announced an investigation into the school for Title IX violations.
The government said in a statement that the university was found to be "blatant disregard for President Trump's Executive Order 14201, Keeping Men Out of Women's Sports."
The USDA announced a compliance review of the school last month for failing to comply with Trump's executive order barring transgender athletes from competing in girls and women's sports.
Trump traded barbs with Democrat Maine Gov. Janet Mills at a White House event last month over the issue of transgender participants in women's sports, with Mills saying, "We'll see you in court."
Secretary Rollins: Egg Prices Down Nearly $2 in 2 Weeks
Agriculture Secretary Brooke Rollins said Tuesday that egg prices dropped by an average of $1.85 in the two weeks since she announced a plan to combat avian influenza and other measures to bring down prices.
Agriculture Secretary Brooke Rollins said Tuesday that egg prices dropped by an average of $1.85 in the two weeks since she announced a plan to combat avian influenza and other measures to bring down prices.
"A good piece of good news we just got in the last day or two is that the average cost of a dozen eggs has gone down $1.85 since we announced our plan about a week and a half ago," she told reporters.
Speaker Johnson: Dems' Continuing Resolution Claims 'All a Lie'
House Speaker Mike Johnson, R-La., on Tuesday accused House Democrats of spreading "misinformation" about the GOP's six-month continuing resolution, saying claims of cuts to entitlement programs and veterans' benefits are "all a lie."
"If Congressional Democrats refuse to support this clean CR, they will be responsible for every troop who misses a paycheck, for every flight delay from reduced staffing at TSA, and for every negative consequence that comes from shutting down the government," Johnson said in a statement to Newsmax.
Sen. Patty Murray, D-Wash., and Rep. Rosa DeLauro, D-Conn., the top two Democrat appropriators, released a short-term funding bill Monday night, calling it an alternative to the House Republicans' CR, which would fund the government through September, reports Politico.
The two parties are facing a deadline this Friday at midnight to avoid a shutdown.
The continuing resolution was filed on Saturday, he added, but "they had already come out panning the bill that literally had not yet been seen."
Johnson said that the Democrats accused Republicans of introducing a CR that threatens to cut funding for healthcare, food assistance programs and veterans' benefits until the end of the year.
"Every single word of that is a lie," he said. "They just made it up. They didn't read the bill. It's nonsense. People are not buying this."
Johnson added that the "clean CR" does not contain any "poison pill riders."
"No cuts to Medicare, Medicaid or Social Security," he insisted. "Zero. No cuts to veterans benefits. Zero. In fact, as was noted, we plus up the accounts for veterans."
Infowars Reporter Jamie White Murdered in Austin
Infowars reporter Jamie White was murdered Sunday night at his apartment complex in an apparent car burglary turned tragic, according to the Austin Police Department.
The APD said White, 36, was found lying in the parking lot of his apartment complex with signs of trauma to his body. He was transported to a local hospital and pronounced dead at 12:19 Monday morning. "The initial investigation shows that White was shot and killed in the parking lot of the apartment complex in which he lived," APD said in a statement. "The suspects then fled the scene. Detectives believe the suspects were possibly burglarizing White's vehicle when he interrupted them."
Rep. Burchett: 'War Pimps' Will 'Squeal' Over DOGE Pentagon Cuts
Rep. Tim Burchett said Tuesday he remains undecided on how he'll vote on a Republican bill to fund the federal government, as he's concerned that any voting for a measure that includes increased spending for the Pentagon will preclude calls to reduce funding later.
The Tennessee Republican, speaking on CNN, also warned that once President Donald Trump's Department of Government Efficiency (DOGE) targets Pentagon spending, there are those in Washington who are "going to squeal like a stuck pig and they should, because they have been, you know, they're war pimps."
The proposed continuing resolution includes increased spending of nearly $9 billion for Central Command and European Command, reports Breaking Defense. The measure specifies that the funds are only to be used "for U.S. military operations, force protection, and deterrence."
The measure includes $892.5 billion for defense, boosting its topline by $6 billion above the FY24 spending limits while remaining just below the $895 billion that had been forecast this year.
But he said that he's concerned that if the government is shut down because a bill to keep it open isn't passed, that will negate all the cost savings that have been coming through DOGE, "so I guess I'm sort of between a rock and a hard place" on voting.
Burchett said he has spoken with Trump and remains undecided on the spending bill.
Defense Secretary Pete Hegseth, meanwhile, has called for 8% cuts to the Pentagon budget each year for the next five years. When asked if he's concerned that if he votes for an increase in spending the decreased spending won't happen, Burchett said he's concerned that generally people on Capitol Hill have "all lied to me, all of our past leadership."
Trump, however, "has never lied to me, and I've given him that opportunity several times in the last couple of weeks," the congressman said.
Education Department to Lay Off Half Its Staff
President Donald Trump has vowed to eliminate the Education Department as part of his aim to transfer more responsibility for education to the states.
The U.S. Department of Education is expected to cut approximately half of its 4,000 employees in sweeping layoffs set to begin on Tuesday evening, CNN reported, citing three people familiar with the plan.
The department's offices in the Washington area had already been ordered closed from Tuesday evening through Wednesday for "security reasons," according to an internal announcement seen by Reuters.
President Donald Trump has vowed to eliminate the Education Department as part of his aim to transfer more responsibility for education to the states.
Similar instructions were given to the U.S. Agency for International Development, which provides aid to the world's needy, and the Consumer Financial Protection Bureau, which protects Americans from unscrupulous lenders.
Both agencies' headquarters were then shuttered as part of Trump's efforts to shrink the size and cost of the federal bureaucracy. Trump's Republican Party views USAID as pursuing a liberal agenda and the CFPB as an example of government overreach by the Democratic Obama administration.
The Education Department, which was created in 1980, employs about 4,000 people.
Trump to Address CEOs Amid Growing Concerns Over Tariffs
President Donald Trump is speaking at a Business Roundtable meeting on Tuesday.
President Donald Trump is set to meet with more than 100 top business leaders Tuesday as uncertainty over his escalating trade war sparks unease on Wall Street and raises concerns about the U.S. economy's stability, The Washington Post reported.
Trump will speak at a Business Roundtable meeting on Tuesday, where he is expected to face mounting concerns from some of the nation's most influential corporate leaders over his aggressive tariff policies.
The event comes as fears over trade tensions contribute to a sharp sell-off in the stock market.
Airlines Face Weak Demand Amid Economic, Safety Concerns
U.S. carriers initially anticipated a strong first quarter, but Delta Air Lines CEO Ed Bastian admitted Tuesday that projections were off, ABC New reported.
Major U.S. airlines are warning of weaker-than-expected demand this spring, citing economic uncertainty and a sharp decline in government and corporate travel following two major aviation incidents earlier this year, ABC News reported.
U.S. carriers initially anticipated a strong first quarter, but Delta Air Lines CEO Ed Bastian admitted Tuesday that projections were off. Speaking at the J.P. Morgan Industrials Conference in New York, executives from Delta, Southwest, United, and American indicated concern about domestic bookings.
Airline officials pointed to two major accidents that have shaken consumer confidence.
House votes to repeal controversial IRS crypto tax rule, sending measure to Trump's desk
The U.S. House voted to repeal a controversial tax rule that requires "custodial brokers" to collect and report user data to the IRS.
The U.S. House of Representatives voted to repeal a controversial tax rule that requires "custodial brokers" to collect and report user data to the Internal Revenue Service, teeing it up for President Trump's signature. Notably, the vote passed with a bipartisan supermajority with support from 291 House Members.
The House voted on Tuesday to approve a joint resolution by Rep. Mike Carey, R-Ohio, and Sen. Ted Cruz, R-Texas, that would repeal an IRS rule finalized in December that requires "DeFi brokers" to act like traditional securities brokers and collect information about their users' trades.
CFPB Employees Say Mass Firing Plans Remain in Place
Two CFPB employees testified Tuesday that top officials remain committed to a large-scale workforce reduction despite a federal judge's ongoing deliberations on whether to halt the effort.
The Trump administration initially planned to lay off nearly 1,200 CFPB employees in early February before U.S. District Judge Amy Berman Jackson issued an order blocking the mass termination.
However, testimony from agency insiders suggests that the restructuring effort is still in progress.
One CFPB official, Adam Martinez, the agency's chief operating officer, testified over two days that while the agency experienced "chaos," it has since returned to basic operational levels required by law.
Other witnesses, however, described a more dire situation.
"These witnesses said top CFPB officials are moving forward with efforts to completely shutter the agency through a large-scale workforce reduction plan."
"Chaotic is generous," Pfaff said. "People have been out of work for three weeks. There was a lot of confusion about what was happening."
During cross-examination, Justice Department attorney Liam Holland questioned Pfaff about failing to alert senior officials that "urgent matters" were left unaddressed. Given the full-scale work stoppage, Pfaff responded that he understood "urgent" to mean issues beyond the agency's typical workload.
The hearing is part of a lawsuit filed by the National Treasury Employees Union and other groups challenging the administration's actions. The plaintiffs have requested a preliminary injunction to prevent further dismantling of the agency while litigation continues.
The administration has denied any plans to abolish the CFPB, citing President Donald Trump's appointment of Jonathan McKernan as the agency's director.
USAID Orders Employees to Burn Classified Docs
It is unclear if Carr got permission from the National Archives and Records Administration to destroy the documents.
A senior official at the U.S. Agency for International Development instructed the agency's remaining staff on Tuesday to pull classified and personal documents from safes and shred and burn them, according to an email verified by The New York Times.
"Shred as many documents first, and reserve the burn bags for when the shredder becomes unavailable or needs a break," read the email written by acting USAID executive secretary Erica Y. Carr.
The Times reported it is unclear if Carr got permission from the National Archives and Records Administration to destroy the documents. The Federal Records Act of 1950 mandates government workers obtain approval from NARA before destroying documents.
Benj Irby to Newsmax: 'Money's Not There' for WNBA to Match NBA Salaries
WNBA players have been angling for larger pay packages like those their NBA counterparts command.
Political commentator Benj Irby weighed in on the WNBA salary controversy Monday night, telling Newsmax that the "money's not there" to justify raising the salaries of players who have threatened to sit out games if their demands are not met.
WNBA players have been angling for larger pay packages like those their NBA counterparts command, arguing that viewership and game attendance are at an all-time high in part due to the popularity of players like Caitlin Clark and Angel Reese.
RFK Jr. Moves to Tighten Loophole on Food Supply Chemicals
Currently, due to the decades-old loophole, companies aren’t required to tell the FDA when they include some chemicals and substances in their products.
Health and Human Services Secretary (HHS) Robert F. Kennedy Jr. has directed the Food and Drug Administration (FDA) to "explore potential rulemaking" to tighten a loophole permitting food companies to put chemicals in their products without notifying the nation's food regulators, The Washington Post reported.
Currently, due to the decades-old loophole, companies aren't required to tell the FDA when they include some chemicals and substances in their products, meaning there are most likely hundreds of such ingredients added to the food supply without government oversight.
Some foods that came onto the market through this loophole, called GRAS ("generally recognized as safe") have later raised safety concerns.
US Measles Cases Rise to 223, Primarily in Rural Texas
The measles outbreak that continues to spread in rural West Texas has risen to 223 confirmed cases, the Texas Department of State Health Services (DSHS) reported on Tuesday.
The measles outbreak that continues to spread in rural West Texas has risen to 223 confirmed cases, the Texas Department of State Health Services reported on Tuesday.
The majority of the cases continue to be concentrated in Gaines County — where 156 infections have been recorded — followed by Terry County, just north of Gaines, which is now reporting 32 cases. Gaines has one of the highest rates in Texas of school-aged children who opt out of at least one required vaccine, with nearly 14% of K-12 children in the 2023-24 school year. Health officials say that number is likely higher because it doesn't include many children who are homeschooled and whose data would not be reported.
Trump's 'The Apprentice' Re-runs Hit Amazon
Re-runs of "The Apprentice" reality show that propelled Donald Trump into the US national consciousness, are showing on Prime Video, the latest indication of warming relations between the U.S. president and Amazon tycoon Jeff Bezos.
Following a frosty few years between tech titans and the US president, the move is another sign of a rapprochment that saw key figures from Apple, Amazon, Google and Meta bag front-row seats at Trump's January inauguration after making hefty donations.
Bezos has also sought to make his Washington Post newspaper less hostile to the president, ordering its opinion section not to run columns opposed to "personal liberties and free markets," and quashing its planned endorsement of Democrat Kamala Harris before the US election.
Contestants would vie for Trump's approval, allowing them to progress to the following installment, with those who failed summarily dismissed by Trump's now-famous catchphrase "You're fired!"
The ultimate winner of the series was given a six-figure salary to work within the Trump empire.
"The Apprentice" was a huge network television hit for several years and is credited with creating the public persona that Trump leveraged to run for the White House in 2016.
It also spawned dozens of international off-shoots including some that outlasted the US progenitor. While Trump was fired from the US show in 2015 over remarks he made about Mexican immigrants, the British version is still shown on the BBC.
"The Apprentice" is owned by MGM Alternative, whose parent company was bought by Amazon three years ago.