Tag

Wall Street Journal

All articles tagged with #wall street journal

politics11 days ago•16 min saved

Gerber Frames Trump’s Crypto Windfall as a Million-Plus Losses Episode

Ross Gerber highlighted a Wall Street Journal report alleging that more than 1 million people lost money on the TRUMP meme coin while Donald Trump profited, with about 2/3 of wallets that bought the token underwater (roughly 1.48 million holders) and 85% of secondary buyers in the red. The coin peaked near a $15 billion market cap before crashing about 97% to roughly $408 million, and Trump reportedly collected about $635 million in royalties last year. Trump defends the windfall as legal and stresses crypto’s importance, while critics including lawmakers push for tighter crypto regulation.

via Yahoo Finance|

#cryptocurrency #politics #ross-gerber

politics21 days ago•318 min saved

DOJ withdraws subpoenas for WaPo and WSJ reporters in national-security leak probes

Federal prosecutors withdrew subpoenas that would have forced Washington Post reporter Ellen Nakashima and a Wall Street Journal reporter to testify before a grand jury in national-security leak probes, following newsroom challenges and amid Trump pressure; none of the reporters were compelled to reveal sources, but the episode underscores concerns about press freedom and the potential for future subpoenas.

via CNN|

#justice-department #politics #subpoenas

tech23 days ago•30 min saved

Polymarket accused of paying creators for fake betting clips

A Wall Street Journal investigation found Polymarket paid creators to film deceptive videos that showed them placing and celebrating bets that never happened. The WSJ identified over 1,100 clips, including 118 videos portraying about $900,000 in supposed winnings that would have lost roughly $166,000 in reality. After reporters asked questions, many videos were scrubbed and Polymarket removed fake sites like poiymarket.com.

via The Verge|

#fake-bets #influencers #polymarket

business23 days ago•19 min saved

Polymarket Accused of Faking Bets to Drive Viral Growth

The Wall Street Journal reports Polymarket paid mostly college-age creators to stage fake winning bets on copycat sites to boost virality. Investigators found none of roughly $1.9 million in bets shown across 1,105 videos were real, undermining Polymarket's claim that trades settle on a publicly auditable blockchain. The campaign used dummy sites and staged wins, with creators earning a few thousand dollars monthly while instructed not to disclose payments. The piece follows Polymarket's prior US regulatory penalties and its push to re-enter the U.S. market, including promising an audit of promotional content.

via Yahoo Finance|

#blockchain #business #fake-bets

politics25 days ago•103 min saved

WSJ Editorial Slams Trump Iran Deal as US Weakness

The Wall Street Journal’s editorial board harshly criticized Trump for defending his Iran deal, calling it a sign of U.S. weakness and suggesting Washington could have countered Tehran’s pressure more effectively. The piece argues the agreement was reached from a position of vulnerability, warns that Tehran could leverage the Strait of Hormuz in future negotiations, and notes the Iran conflict has cost the U.S. about $132 billion, contributing to higher oil prices and pressing Pentagon funding discussions as lawmakers debate war-related expenditures.

via The Daily Beast|

#donald-j-trump #iran #iran-war

technology26 days ago•4 min saved

iPhone 18 Pro Could Kick Off Around $1,399 Amid Rising Component Costs

WSJ, citing TechInsights, estimates the iPhone 18 Pro will start around $1,299–$1,399 due to higher RAM, storage, and camera costs, with Pro Max and Ultra priced higher; Apple would preserve margins, and additional pricing details are expected at the September launch.

via 9to5Mac|

#apple #iphone-18-pro #price-increases

politics27 days ago•102 min saved

Vance’s Communion Stumbles Under Online Backlash and WSJ Critique

JD Vance's memoir Communion: Finding My Way Back to Faith launched amid a 2028 election–style push, but quickly drew a harsh reception: dozens of one-star Goodreads reviews questioning his grasp of Christianity, and a Wall Street Journal critique calling the book “egregious sloppiness” and a blend of religious memoir with campaign messaging. A prior cover controversy hasn’t slowed his publicity tour.

via The Daily Beast|

#catholicism #goodreads #jd-vance

politics1 month ago•4 min saved

Platner calls out national media over sexting reports, urging focus on policy

Maine U.S. Senate candidate Graham Platner accused The New York Times and The Wall Street Journal of 'journalistic malpractice' after reports that his wife told him he sexted with up to a dozen women after marrying in 2023 and that he had a Kik messaging profile, insisting the race should be decided on policy not sensational allegations.

via The Portland Press Herald|

#graham-platner #new-york-times #politics

local-news1 month ago•27 min saved

Platner Defends Against Sexting Rumors, Calls Coverage Gossip and Journalistic Malpractice

Graham Platner responded to a Wall Street Journal report alleging he sent explicit text messages to multiple women, calling the piece gossip intended to distract from his policy platform and labeling the coverage as journalistic malpractice.

via WMTW|

#gossip #graham-platner #journalistic-malpractice

politics1 month ago•2 min saved

Trump Files Fresh $10B Defamation Case Against WSJ Over Epstein Report

Donald Trump has refiled a defamation suit seeking at least $10 billion against the Wall Street Journal and related entities for reporting on his alleged ties to Jeffrey Epstein, arguing a birthday-card claim attributed to him was fake; the case, filed in Miami federal court, follows a prior dismissal for failing to show actual malice and is part of a broader pattern of Trump pursuing media outlets.

via The Guardian|

#defamation #jeffrey-epstein #lawsuit

politics1 month ago•102 min saved

WSJ Editorial Declares Trump Has Lost the Governing Plot

The Wall Street Journal editorial board argues that Trump has lost the governing plot in his second term, saying his personal obsessions and retaliatory politics are derailing policy gains, alienating Republicans, and jeopardizing GOP control of Congress as his approval sinks amid economic worries and a war with Iran.

via The Daily Beast|

#donald-j-trump #impeachment #politics

business1 month ago•16 min saved

IMAX Eyes Possible Sale as Early Talks Surface

IMAX has begun early discussions about a potential sale, with preliminary talks held with prospective suitors; the process is in its earliest stages and may not lead to a deal. The news follows a strong Q1 performance that beat expectations and supports IMAX's forecast of a $1.4 billion global box office in 2026, with shares rallying after the WSJ report.

via Deadline|

#business #imax #sale

national-security2 months ago•19 min saved

DOJ expands leak crackdown as WSJ subpoenas surface over Iran reporting

The Justice Department issued subpoenas to the Wall Street Journal in March seeking information about the paper’s coverage of Iran, signaling a broader, more aggressive push to crack down on leaks and compel disclosure of sources.

via The Washington Post|

#freedom-of-the-press #iran #media-leaks

politics2 months ago•3 min saved

DOJ: Subpoenas Target Leakers, Not Journalists, in Iran-Leak Case

The Justice Department defended subpoenas issued in a leak probe involving Wall Street Journal reporting on the Iran war, saying the subpoenas are aimed at identifying government leakers rather than targeting journalists and are justified to protect national security and soldiers. The move centers on a February 23 Journal article and reflects ongoing tensions between the press and the administration over leak investigations and news gathering, amid a backdrop of policy shifts on journalists’ records and past leak probes.

via CBS News|

#justice-department #leaks #politics

politics2 months ago•63 min saved

WSJ Editorial Urges Trump to Drop Tariffs After Court Ruling

The Wall Street Journal’s editors critique Trump’s tariff push after a U.S. trade court ruled his 10% global tariffs illegal, calling the policy economically destructive and politically unpopular, noting the limited practical effect given the 150-day tariff window and ongoing inflation concerns alongside low public approval of his economic handling.

via The Daily Beast|

#donald-j-trump #politics #supreme-court