Former Rep. Billy Long, who was nominated by President Donald Trump to be ambassador to Iceland, has apologized after privately joking to House lawmakers that the Arctic island would become the ’52nd state’ with him as its governor. Long, a Republican who represented Missouri from 2011 to 2023 and served a brief stint as IRS commissioner last year, said he was just joking with his former congressional colleagues. ‘There was nothing serious about that, I was with some people, who I hadn’t met for three years, and they were kidding about Jeff Landry being governor of Greenland and they started...
Saks files for bankruptcy as luxury market struggles
The company that owns the iconic luxury retailer Saks Fifth Avenue filed for bankruptcy late Tuesday. The move comes after Saks Global struggled with debt it took on to buy rival Neiman Marcus, lagging department store sales and a rising online market. It’s one of the largest retail collapses since the Covid pandemic, and casts further doubt over the future of luxury fashion. The retailer, which also owns Bergdorf Goodman, said early Wednesday its stores would remain open for now after it finalized a $1.75 billion financing package and appointed a new CEO. The court process is meant to give...
Bill Clinton scheduled to appear before Oversight Committee as contempt of Congress threat looms
Former President Bill Clinton has been summoned to appear on Capitol Hill Tuesday morning, as Republicans threaten a possible criminal referral if the ex-commander-in-chief skips out. He and former Secretary of State Hillary Clinton have both been subpoenaed to appear before the House Oversight Committee for separate closed-door depositions for the panel’s investigation into Jeffrey Epstein. Clinton was scheduled to appear Tuesday morning at 10 a.m., but it’s not clear whether he will do so. The deposition is expected to move forward regardless. A spokeswoman for the committee told Fox News Digital on Friday that neither had confirmed their scheduled...
I was told I was a boy. Supreme Court must destroy lies that harm women like me
Normally, the Supreme Court hears cases that deal with matters of law. But on Tuesday, Jan. 13, the justices will also be dealing with basic science. Not only that, they’ll be debating fundamental truth, as I can personally testify. The stakes couldn’t be higher in the case, West Virginia v. B.P.J. The specific question facing the court is simple: Should transgender boys be allowed to compete on girls’ sports teams? But you can’t really answer this question without asking a more important one: Can a young boy or a girl actually change genders? I asked this question myself, starting at age 12. I gave...
Netanyahu and Rubio discuss US military intervention in Iran amid ongoing nationwide protests: report
Israeli Prime Minister Benjamin Netanyahu and U.S. Secretary of State Marco Rubio discussed the possibility of U.S. intervention in Iran, according to a report. The two leaders spoke by phone Saturday as Israel is on ‘high alert,’ preparing for the possibility of U.S. military intervention in Iran, according to Reuters, citing multiple Israeli sources. The report comes as nationwide anti-regime demonstrations across Iran hit the two-week mark. On Saturday, the Iranian regime triggered an internet ‘kill switch’ in an apparent effort to conceal alleged abuses by security forces and as protests against it surged nationwide, according to a cybersecurity expert....
Warner Bros. Discovery rejects Paramount’s amended takeover offer
Warner Bros. Discovery on Wednesday rejected Paramount Skydance’s amended takeover offer, the latest in a series of rejections in David Ellison’s pursuit of the streaming and cable giant. The media company said it remains committed to the $82.7 billion deal it reached in December to sell its streaming service, studio and HBO cable channel to Netflix. ‘The Board unanimously determined that the Paramount’s latest offer remains inferior to our merger agreement with Netflix across multiple key areas,’ Warner Bros. Discovery Chairman Samuel Di Piazza said in a statement. ‘Paramount’s offer continues to provide insufficient value,’ he continued. In a letter...
Federal judge blocks Trump from cutting childcare funds to Democratic states over fraud concerns
A federal judge Friday temporarily blocked the Trump administration from stopping subsidies on childcare programs in five states, including Minnesota, amid allegations of fraud. U.S. District Judge Arun Subramanian, a Biden appointee, didn’t rule on the legality of the funding freeze, but said the states had met the legal threshold to maintain the ‘status quo’ on funding for at least two weeks while arguments continue. On Tuesday, the U.S. Department of Health and Human Services (HHS) said it would withhold funds for programs in five Democratic states over fraud concerns. The programs include the Child Care and Development Fund, the...
President Trump says there won’t be a ‘second Wave of Attacks’ against Venezuela due to their ‘cooperation’
President Donald Trump announced in an early Friday morning Truth Social post that he has ‘cancelled the previously expected second Wave of Attacks’ against Venezuela in light of the ‘cooperation’ between the foreign nation and the U.S. ‘Venezuela is releasing large numbers of political prisoners as a sign of ‘Seeking Peace.’ This is a very important and smart gesture. The U.S.A. and Venezuela are working well together, especially as it pertains to rebuilding, in a much bigger, better, and more modern form, their oil and gas infrastructure. Because of this cooperation, I have cancelled the previously expected second Wave of...
In the Money: Definition, Call & Put Options, and Example
Definition In the money is an option with intrinsic value that can currently be cashed in at a profit. In the money (ITM) refers to an option that’s profitable (not counting trading costs) or has intrinsic value. An ITM call option means the option holder can buy the security at a price below the market price. An ITM put option is one that the holder can sell for more than the market price. Options can also be at the money (ATM) and out of the money (OTM). Key Takeaways A call option is in the money (ITM) if the market price is above the strike price. A put...
Al Gore sounds ‘climate crisis’ alarm as Trump yanks US from UN initiatives
Former Vice President Al Gore on Wednesday condemned President Donald Trump’s move to withdraw the U.S. from United Nations-linked climate initiatives. Gore claimed in a post on X that ‘the most significant challenge of our lifetimes’ is ‘the climate crisis.’ ‘The ongoing work of the IPCC, UNFCCC, and other global institutions remains essential to safeguarding humanity’s future,’ he asserted, referring to the Intergovernmental Panel on Climate Change (IPCC), the United Nations Framework Convention on Climate Change (UNFCC). ‘By withdrawing from the IPCC, UNFCCC, and the other vital international partnerships, the Trump Administration is undoing decades of hard-won diplomacy, attempting to...