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New CBO report shows national debt spiraling into uncharted territory by 2035—and Trump’s tariff defeat will make the picture even worse - Fortune
By 2035, the CBO expects the deficit to reach $2.96 trillion or 6.2% of GDP versus 5.8% today, and almost double the multi-decade, pre-pandemic average.
Blue Owl Creates a New Private Credit Escape Hatch - Bloomberg.com
More circular financing.
Anna Murdoch-Mann, writer and former News Corp director, dies aged 81 - BBC
The author, journalist and philanthropist died at home in Florida, according to Rupert Murdoch’s news outlets.
Netflix's Ted Sarandos on Future of HBO Max as He Fights to Seal WB Deal - Variety
Netflix co-CEO Ted Sarandos is vigorously making his case on why Netflix should be the ultimate owner of Warner Bros. Discovery.
Bay Area carmaker, down billions in value, lays off hundreds more workers - SFGATE
Lucid Motors, the Bay Area electric vehicle company, is laying off 12% of its staff as it continues a long, difficult push toward profitability.
Almost Half of Jury Pool in Musk Trial Tossed After ‘So Many’ Said They ‘Hate’ Him - Yahoo
Almost half of the prospective jurors for a Twitter investor lawsuit against Elon Musk were disqualified because they declared their hatred for him.