Fox Corp. is buying Roku, a streaming service with more than 100 million subscribers, for $22 billion.
Category: 16 June 2026
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TRUMP SAYS HE WANTS FORT KNOX TO BE AUDITED AFTER FORMER CIA OFFICIAL ARRESTED WITH $40M IN GOLD BARS, REPORT SAYS
President Donald Trump posted on Truth Social last month that there needs to be a physical audit of Fort Knox after a news report said a former CIA official was arrested with $40 million in gold bars inside his home.
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SPOTLIGHT: PRIVATE CREDIT CRISIS
As we have been reporting, the private credit industry’s current shakeout will winnow out rich individuals unable to tolerate higher-than-average risk.
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THE U.K. ECONOMY CONTRACTED IN APRIL
After growing by 0.6 percent in this year’s first quarter, Britain’s economy contracted by 0.1 percent in April, marking the first monthly contraction since August.
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GOING OUT OF BUSINESS TRENDS
This week’s Going Out of Business report spans bankruptcies, liquidations, plant closures, and mass layoffs, from industrial firms to consumer-facing brands such as Sleep Number and Original Blues.
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WHEN THE ECONOMY FALLS, JOBS GO WITH IT
This week’s job cuts hit everything from Wall Street and Big Tech to hospitals, schools, and state governments.
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AS TRUMP REACHES THE 80-YEAR MILESTONE, HIS IMPACT ON AMERICAN POLITICS IS IMMENSE
President Donald Trump wants you to think that he shows no signs of slowing, having just entertained guests at a UFC fight outside the White House before jumping on an airplane to France for a summit after announcing a ceasefire deal with Iran.
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SUPER PACs BEHIND AI-FRIENDLY POLITICIANS SPEND MILLIONS IN LAST-MINUTE PUSH IN NEW YORK RACE
Super PACs funded by tech billionaires have been playing an oversized role in a New York City Democratic House primary and are spending millions of dollars on advertising in a last-minute effort to get the candidate they believe they can control to win the seat.
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DEATH OF JOURNALISM: ELLISON’S MEDIA TAKEOVER
President Donald Trump’s Justice Department determined that the planned merger between Paramount and Warner Bros. Discovery is “not likely to harm competition” in the entertainment industry as the president’s relationship with the Ellison family draws more scrutiny from critics.
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IRAN’S BURIED MISSILE CENTERS PROVED EFFECTIVE IN WAR AGAINST U.S. AND ISRAEL
The Iranians have been planning for decades to respond to a U.S.-Israeli war of aggression against the country, so Tehran focused its energy on asymmetric warfare that included warehouses filled with drones, and missile cities buried deep beneath rock that are essentially impenetrable, even with the heaviest bombs.