Murdoch Tells Trump to Bring It On In Fight Over WSJ's Epstein Story
'We have full confidence in the rigor and accuracy of our reporting,' a spokesperson for Dow Jones said in a statement. '[We] will vigorously defend against any lawsuit.'
Trump filed the suit on Friday, accusing the Murdoch-owned paper of 'glaring failures in journalistic ethics and standards of accurate reporting,' after the publication of a story about a gift Trump supposedly gave Jeffrey Epstein for his 50th birthday.
The story detailed letters given to the convicted sex trafficker for his 50th birthday, which reportedly included a signed note from Trump inside a drawing of a naked woman. The note contained the chilling phrase 'may every day be another wonderful secret.'
'Those are not my words,' Trump posted on Truth Social in response to the story. 'Also, I don't draw pictures.'
The WSJ has rebutted the latter claim, highlighting numerous images drawn by the president, four of which were auctioned off during his first term.
Rupert Murdoch, the Australian media mogul behind Fox News, News Corp, and hundreds of national and international outlets, took ownership of the WSJ in 2007 following the acquisition of Dow Jones & Company.
Trump claimed that Murdoch had been personally warned not to print the letter, but he 'did not have the power to do so.' Therefore, the president plans to make good on his promise to 'sue his a** off.'
The relationship between the president and the disgraced financier who died in prison in 2019 has ignited an almighty rift in the MAGA support base. The Trump administration's failure to release criminal information on Epstein and his alleged 'client list' has been the focus of intense, recent accusations of a coverup.
The latest round of conspiratorial outbursts follows a memo released by the Justice Department earlier this month, which claimed there was no further information to disclose about the Epstein case.
Trump has since been on the warpath, attempting to quell the rebellion and silence his critics, who believe that the Epstein files are a 'hoax' constructed by the Democrats.
With yet another legal battle against a media organization on the horizon, it remains to be seen if Trump's latest move will bring the silence he desperately wants over Epstein.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
27 minutes ago
- Yahoo
10 California Cities Where Home Prices Are Surging in 2025
Swaths of California are seeing housing prices drop, thanks largely to the combination of increased inventory and sky-high interest rates. Even markets that are typically somewhat immune to general trends and consistently robust — like Mountain View and San Diego — have softened over the past year. But there are still plenty of places in the Golden State where real estate prices are climbing. Find Out: Read Next: Consider the following 10 cities in California where home prices are surging. Most of these cities are already really expensive for housing, so even a seemingly modest increase in value can add well over $100,000 to a home's price. 10. Pasadena Average home value in June 2025: $1,216,844 Increase in value (percentage) year-over-year: 1.8% Increase in value (dollars) year-over-year: $21,516 Explore More: 9. Bakersfield Average home value in June 2025: $398,238 Increase in value (percentage) year-over-year: 2.0% Increase in value (dollars) year-over-year: $7,809 8. Torrance Average home value in June 2025: $1,184,834 Increase in value (percentage) year-over-year: 2.1% Increase in value (dollars) year-over-year: $24,370 7. Palo Alto Average home value in June 2025: $3,576,394 Increase in value (percentage) year-over-year: 2.2% Increase in value (dollars) year-over-year: $76,987 6. Visalia Average home value in June 2025: $395,417 Increase in value (percentage) year-over-year: 2.3% Increase in value (dollars) year-over-year: $8,890 5. Mission Viejo Average home value in June 2025: $1,212,384 Increase in value (percentage) year-over-year: 2.5% Increase in value (dollars) year-over-year: $29,570 4. Dana Point Average home value in June 2025: $1,690,917 Increase in value (percentage) year-over-year: 3.6% Increase in value (dollars) year-over-year: $58,758 3. Cupertino Average home value in June 2025: $3,083,634 Increase in value (percentage) year-over-year: 3.6% Increase in value (dollars) year-over-year: $111,011 2. Newport Beach Average home value in June 2025: $3,457,389 Increase in value (percentage) year-over-year: 3.6% Increase in value (dollars) year-over-year: $120,141 1. Saratoga Average home value in June 2025: $4,024,743 Increase in value (percentage) year-over-year: 4.4% Increase in value (dollars) year-over-year: $169,625 More From GOBankingRates 6 Popular SUVs That Aren't Worth the Cost -- and 6 Affordable Alternatives This article originally appeared on 10 California Cities Where Home Prices Are Surging in 2025
Yahoo
27 minutes ago
- Yahoo
Michael Jordan gave Charles Barkley 1 financial tip that made him millions
Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. We adhere to strict standards of editorial integrity to help you make decisions with confidence. Some or all links contained within this article are paid links. Young athletes have been known to blow through their first big paycheck. Former NBA star Charles Barkley almost did, too — until Michael Jordan gave him one life-changing financial tip. In an episode of The Steam Room podcast, Barkley says he and Jordan were about to sign endorsement deals with Nike at roughly the same time. Barkley's deal was originally for $3 million, but before he signed on the dotted line, Jordan asked him one simple question: "Hey man, why you need all that money?" Don't miss Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 5 of the easiest ways you can catch up (and fast) You don't have to be a millionaire to gain access to this $1B private real estate fund. In fact, you can get started with as little as $10 — here's how The conversation led Barkley to make a decision that could have cost him millions, but instead made him a fortune. Here's the game-changing money move that he learned from Jordan, and how you can apply it to your own wealth-building strategy. Equity over cash Although $3 million was no small sum, Jordan recognized that with the right strategy, Barkley could turn it into something much bigger. He told Barkley to renegotiate his contract and take only $1 million in cash and the rest in Nike stock options. After a brief discussion with his team, Barkley took the advice and set himself up for an immense windfall down the road. 'I actually made probably 10 times that amount of money and I'm still with Nike to this day,' Barkley proudly proclaimed. Barkley didn't mention if he still holds his Nike stake, but the stock is up a jaw-dropping 4,000% since his signature basketball sneaker, the Nike Air Force Max CB, debuted in 1994. His story highlights how gaining equity can be far more lucrative than a quick cash payout, especially when it's tied to a strong, growing business. Here's how you can apply this lesson to your investment strategy. Read more: Rich, young Americans are ditching the stormy stock market — Aiming for long-term growth Like Jordan and Barkley at the dawn of their respective careers, young investors should be more focused on capital appreciation and growth rather than immediate cash flow. This is why some financial advisors recommend using the Rule of 100 for age-appropriate asset allocation. To use this rule, subtract your age from 100 and the remainder represents the percentage of your portfolio that you should invest in stocks. So, if you're 30 years old, you would set aside 70% of your portfolio for stocks while 30% can be allocated to safe havens such as bonds. Another way to prioritize growth is to set aside a portion of your paycheck to invest in stocks every month. As of January, 2025, the personal savings rate is 4.60%, according to the Federal Reserve. By saving a greater portion of your income — say 15% — you could reach your financial goals faster. However, given the current economic climate, many don't have enough savings at the end of each month to invest in stocks. But that doesn't mean you can't harness the power of compounding interest. Rather than aiming to save up 15% of your paycheck each month, you could turn your spare change from everyday purchases into an investment opportunity with Acorns instead. Here's how it works: Once you link your debit and credit cards Acorns will round-up every purchase you make to the nearest dollar and set aside the excess. When the balance reaches $5 Acorns will then invest it in a smart investment portfolio comprising diversified ETFs. This way you can turn everyday purchases like a $4.25 cup of coffee into a $0.75 investment in your future. Just $3 worth of daily round-ups means $1,000 in savings in a year — and that's before compounding. You can get a $20 bonus investment from Acorns when you sign up. Meanwhile, young investors with a higher appetite for risk could instead focus on growth stocks rather than dividend-paying, blue-chip stocks. If you want to begin investing in individual stocks, but don't know where to start, consider consulting experts at Moby. Founded by a group of former hedge fund analysts, Moby aims to help investors find undervalued stock picks that could potentially deliver multi-bagger returns. To do so Moby delivers hedge-fund level stock market analysis in plain English straight to your inbox. Moby has a pretty successful track record — over the past four years, its stock picks have outperformed the S&P 500 index by 11.95%. And that's over the index's annualized returns of roughly 10% per year. What's more, over 75 stock recommendations from Moby have delivered returns of over 100%. Sign up today and become a smarter advisor within minutes. What to read next How much cash do you plan to keep on hand after you retire? Here are 3 of the biggest reasons you'll need a substantial stash of savings in retirement 5 simple ways to grow rich with US real estate — without the headaches of being a landlord. Start now with as little as $10 This tiny hot Costco item has skyrocketed 74% in price in under 2 years — but now the retail giant is restricting purchases. Here's how to buy the coveted asset in bulk Financial aid only funds about 27% of US college expenses — but savvy parents are using this 3-minute move to cover 100% of those costs Stay in the know. Join 200,000+ readers and get the best of Moneywise sent straight to your inbox every week for free. This article provides information only and should not be construed as advice. It is provided without warranty of any kind. Sign in to access your portfolio
Business Insider
27 minutes ago
- Business Insider
All publicity is good publicity: How Astronomer's viral moment could be a 'blessing in disguise'
All eyes this week have been on a once-little-known tech company called Astronomer. While it's not been the kind of attention Astronomer would likely have hoped for, it's been said that all publicity is good publicity, and some public relations experts who spoke to Business Insider said the newfound fame could, ultimately, benefit the firm. The viral moment that catapulted the data company into the global spotlight took place at a Coldplay concert near Boston on Wednesday, when a "kiss cam" appeared to show then-Astronomer CEO Andy Byron embracing the company's head of human resources, Kristin Cabot. After spotting themselves on the big screen, the clearly panicked pair attempted to dodge the camera, prompting Coldplay front man Chris Martin to speculate that they were "having an affair or they're just very shy." The clip shot around the world and fueled a torrent of memes and internet sleuthing. Even major brands like Netflix got in on the viral opportunity. Ryan McCormick, cofounder of Goldman McCormick, a public relations firm in New York, described it as a possible "blessing in disguise." "The real silver lining is that if this company is doing something truly innovative and they're doing something truly groundbreaking, the likelihood of someone finding them has increased substantially," McCormick told BI. "In the short term, they're embedded in controversy, but they're going to have people looking at them in a way they've never done before. I think that they'll probably come out OK." In a statement on Friday, Astronomer said its leaders were "expected to set the standard in both conduct and accountability" and that it had launched a "formal investigation" into the incident. It added that Byron had been placed on leave. On Saturday, it said the exec had resigned. McCormick said Byron's departure would create some distance between the viral drama and the company. "I think they took the high road. They did what needed to be done, which was probably a hard decision," McCormick said. "If I were an investor or employee at that company, I would feel pretty confident." The company also used its Saturday statement to draw attention to its work. "Before this week, we were known as a pioneer in the DataOps space," it said. "While awareness of our company may have changed overnight, our product and our work for our customers have not." Mike Fahey, the founder and CEO of Fahey Communications, told BI that this showed the company was making "a concerted effort to redirect the narrative to where it is favorable." "Astronomer is fighting back, working to position its offerings and overall customer experience as strong and reliable," he said, adding that the company "now has more eyes on it than ever before." But the New York-based firm had initially remained silent as the social media storm gathered force and users flooded its channels with comments, which Fahey said was a mistake. "The timing of the statement was notably delayed," he said of Astronomer's Friday announcement. "The absence of official communication created a void quickly filled by rumors, fake statements, and memes that spread widely on social media." One viral post included a fake apology letter attributed to Byron that featured a lyric from a Coldplay song. It was widely assumed to be real and picked apart relentlessly online. Astronomer said Friday that Byron had not made any statement and that "reports saying otherwise are all incorrect." Kristi Piehl, founder and CEO of Media Minefield, said the company made the same mistake as the pair on the "kiss cam." "The way that they reacted online and on social media is exactly how the two people involved reacted. When the camera hit them, they hid," Piehl said. "The first impression is so important. And the company allowed the first impression to be social media, the internet, and strangers." Deirdre Latour, the founder of Rebellis Communications, also suggested the company had gotten it wrong with its initial silence. "This is just the worst version of PR malpractice that you can see from a company," she said. "They are letting this terribly worded statement, blaming Coldplay and others, fester out in the marketplace." She added that the situation was "easy to fix" and that an internal memo should have been sent to employees addressing the incident.
