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The singer got emotional discussing the jewelry.

The singer got emotional discussing the jewelry.

Rams star Aaron Donald will miss Sunday’s game against the Eagles with a back injury after sitting out practice Wednesday and Thursday.

The Cornell University student who has accused seven fraternity members of drugging and raping her claimed she was assaulted in a closet while she was going in and out of consciousness.

California, 6 Other States Sue Trump Admin Over Funding Cuts To Immigration, Race Projects

Authored by Rachel Roberts via The Epoch Times,

California and six other states filed a lawsuit against the Trump administration on Wednesday after it moved to cut federal funding for programs involving immigration, race, and gender ideology.

California Attorney General Rob Bonta speaks in Los Angeles on April 15, 2024. John Fredricks/The Epoch Times

The White House said the programs are not in the national interest.

The states accuse the administration of withholding federal funds approved by Congress, including about $810 million the White House moved to cancel before the fiscal year ended.

The lawsuit is the latest move in a battle between President Donald Trump and Congress over control of the nation's spending.

Funding 'Does Not Benefit Americans'

"President Trump is committed to utilizing all possible tools to cut wasteful and harmful government spending that does not benefit American citizens," the White House said in a Sept. 25. statement announcing the steps.

Trump last year utilized what the White House said were "long-neglected presidential authorities provided to him under the Impoundment Control Act" to deploy the first pocket rescission in almost 50 years.

President Jimmy Carter used the tactic in 1977.

"This year, he is continuing his commitment to the American taxpayer by utilizing a pocket rescission for another nearly $1 billion of the most harmful government spending," the White House said.

'Open Borders NGO'

Some $567 million of the withdrawn funds previously went to nongovernmental organizations (NGOs) and what the White House termed "pro-illegal immigration programs" that provided services to refugees, those granted asylum, and other noncitizens.

The statement said some of these programs "put unaccompanied children in harm's way."

Of this $567 million, some $2.1 million went to Lutheran Immigration and Refugee Service Inc (DBA Global Refuge), which the White House described as "an open-borders NGO" run by Michelle Obama's former policy director, Krish O'Mara Vignarajah.

The statement said the organization's budget "more than quadrupled under the Biden administration, nearly all from government grants."

The administration intends to cut $40 million in funding to Southwest Key Programs, which faced a civil lawsuit from the Department of Justice alleging that it had, through its employees, subjected unaccompanied migrant children in its care to sexual harassment and abuse.

The lawsuit by the seven states sets up a fresh legal clash over the limits of presidential spending power, with the pocket rescission tactic drawing criticism from Democrats and some Republicans.

The states argue that the administration's efforts to withhold federal funds undermine Congress's exclusive power to control federal spending.

Filed in the U.S. District Court for the Northern District of California and led by California Attorney General Rob Bonta, the suit argues that the administration's refusal to spend appropriated money violates the Constitution's separation of powers, appropriations, and presentment clauses.

'Blatant Disregard'

"I continue to be appalled by President Trump's blatant disregard for the basic Constitutional framework of our government. Just because the president doesn't like a program doesn't mean he can defund it," Bonta said in a statement.

The White House sought last week to unilaterally withhold the funds using a pocket rescission - sending Congress a request to cancel funds so close to the end of a fiscal year that they expire before lawmakers can act.

In August 2025, Trump used the same maneuver to cancel $4.9 billion in appropriated funds for foreign aid spending.

While the Constitution gives Congress control of the public purse, the White House said in last week's statement the programs were being used to support illegal immigration, stoke racial tensions, and promote climate alarmism, including through international funding.

One of the programs cut, a $15 million Community Relations initiative funded through the Department of Justice, promoted "radical critical race theory and gender ideology," according to the White House.

Another $70 million is set to be cut from what the administration termed "Woke International Education," referring to various initiatives that "support wasteful and divisive projects, including doctoral dissertations on queer and trans community building in foreign countries," the statement said.

California is joined by Maine, Maryland, Michigan, Nevada, New Mexico, and Oregon in filing the lawsuit.

President Donald Trump speaks in the Oval Office on Sept. 30, 2026. Alex Brandon/AP Photo Tyler Durden Fri, 10/02/2026 - 14:35

USC is up against it and needs to bounce back in a strong way

The massive honky-tonk will officially open Oct. 15.

Two undefeated teams clash Friday night.

Ahead of the premiere of her YouTube docuseries, “Dorothy’s I Do,” Dorothy Wang stopped by the Page Six studio to chat with “VRT” host Danny Murphy and content creator and editor, Samantha Nungesser, about her latest project. The “Bling Empire” star revealed the many do’s and don’t’s of wedding planning, nearly one year after tying...

Ahead of the premiere of her YouTube docuseries, “Dorothy’s I Do,” Dorothy Wang stopped by the Page Six studio to chat with “VRT” host Danny Murphy and content creator and editor, Samantha Nungesser, about her latest project. The “Bling Empire” star revealed the many do’s and don’ts of wedding planning, nearly one year after tying...

“Detectives are conducting a thorough investigation,” said the LAPD source who discussed the case with The California Post on the condition of anonymity.   

Neuralink executive Shivon Zilis took to X Friday to confirm her split from the multibillionaire.

Neuralink executive Shivon Zilis took to X Friday to confirm her split from the multibillionaire.

The NFL has suspended and fined San Francisco 49ers owner Jed York following his embarrassing arrest in Ohio earlier this summer.

On Saturday, the horses — Johnny Hockey and Gaudreau — will run in the same race at Belmont Park.

Never pay for another MS Office subscription again.

Danielle Reyes and Britney Haynes told Page Six they didn't want to see Rick Devens win "Big Brother 28." After his $810K victory, he has a response.

Danielle Reyes and Britney Haynes told Page Six they didn't want to see Rick Devens win "Big Brother 28." After his $810K victory, he has a response.

Trump Says Inflation Will Pay Off The $40 Trillion Debt "Very Rapidly"

President Trump thinks 'certain levels' of inflation could take care of the $40 trillion national debt. 

President Donald Trump appears at the United Nations General Assembly in New York. (Photo by Chip Somodevilla/Getty Images)

"You know, inflation. Certain levels of inflation will also pay off that debt very rapidly. Very rapidly," he told TIME in an interview published Thursday, after the outlet pointed out has grown by about $11 trillion over his five years in office. In response, Trump first blamed Joe Biden, then the Fed, then hinted at a plan he wouldn't share.

"I know I'm the best in the world," Trump said. "The best - I don't want to tell you what those means are, but you can pay off the debt through other means. But the one thing that you can do is pay it off through growth, and we've never had growth like this."

Later he circled back, saying "the growth is going to pay off the debt" and that the Fed's hikes were "hurting our country more than inflation is hurting our country."

He didn't say what level of inflation he had in mind, or whether he wants the Fed to tolerate more of it. Earlier in the same interview, though, he blamed Biden for "the biggest inflation in history" and said he "inherited the greatest inflation in history," adding that "the only thing I have to get down now is the gas."

Headline CPI rose 3.4% in the 12 months through August, with core at 2.4%, according to the BLS. On Sept. 16 the Fed raised rates for the first time since July 2023 - a unanimous quarter-point hike to 3.75%-4% that included Trump's own pick for chair, Kevin Warsh - and penciled in another before year-end. Trump told TIME he "probably would have voted against the board" if he were Warsh, and has called for rates of 1% "or less."

On Thursday, the day TIME published the interview, the 10-year Treasury yield touched 5.34%, its highest since 2002. It closed at 5.24%.

He's Floated This Before

None of this is new for the self-described "king of debt." In May 2016 he told CNBC the US could buy back its own bonds at a discount if rates went up. That was widely read as a default threat, so a few days later he went on CNN to walk it back. "You never have to default because you print the money, I hate to tell you, OK?" he said.

A month before that, he told the Washington Post he could wipe out what was then a $19 trillion debt "over a period of eight years" - a debt that has since more than doubled.

Buybacks are back, too. After the debt crossed $40 trillion and long-dated yields kept climbing, Treasury Secretary Scott Bessent tripled the cap on the first expanded buyback to $6 billion. As we noted at the time, yields surged anyway, since $6 billion barely registers against more than $2 trillion in gross issuance a year.

Bessent, for his part, prefers to talk about growth. In June 2025 he told CBS's Margaret Brennan that "everything has been alarmist" on inflation and that the US would never default. And the day after Treasury reported the $40 trillion milestone, he went on CNBC to say there was "nothing magic" about the number and "we can grow our way out of that."

The Part He Left Out

Last year we ran a piece arguing Bessent was effectively putting the national debt on an adjustable-rate mortgage by leaning on floating-rate financing, which also projected the debt would top $40 trillion by the end of fiscal 2026 - it got there in mid-August, about six weeks ahead of schedule.

Back in April 2025, Bloomberg's Simon White made the case that higher inflation and a weaker dollar - where US policy seemed to be headed - were consistent with a falling debt burden. But he warned that unlike Britain's post-WWII "beautiful deleveraging," erratic policymaking could wreck trust in the dollar system, spark capital flight and end up adding to the debt.

Nick Giambruno spelled out the mechanics in July: financial repression, where the government keeps interest rates below inflation and the difference quietly moves wealth from savers to the Treasury. With 9% inflation and 4% rates, he noted, that's a 5% transfer every year, and it compounds.

It has worked before. A 2011 BIS paper estimated negative real rates wiped out debt worth 2-3% of GDP a year in the US and UK between the late 1940s and the 1970s. But that was under Bretton Woods, with interest-rate caps, captive domestic buyers and capital controls - and the paper found financial repression works best "when accompanied by a steady dose of inflation."

The catch is that it only works if the Treasury can borrow below the inflation rate. Right now it can't: the 10-year yields nearly two points more than headline CPI, interest on the debt already runs over $1 trillion a year, and everything that matures gets rolled at today's rates.

Getting real yields back below zero would take a Fed willing to cut into rising prices - the 1% "or less" Trump keeps asking for - or something like the rate caps and captive buyers of the 1940s. Trump didn't say whether either one is among the "other means" he wouldn't name.

 

Tyler Durden Fri, 10/02/2026 - 14:15

Airlines Plan 'Rescue Flights' For Stranded Israelis In UAE After FlyDubai Incident

Via The Cradle

Israeli national airline El Al announced on Friday that it had canceled flights scheduled to bring Israelis home from Dubai after the UAE withdrew landing permits for Israeli carriers.

"Due to the cancellation of approval for Israeli companies to land in Dubai, as was reported by the authorities in Israel, we are forced to cancel, at this stage, our rescue flights," the airline said in a statement posted on social media.

AFP/Getty Images

El Al said it remains prepared to operate charter flights to Dubai to bring Israeli citizens home as soon as it receives official approval.

The Israeli airline did not explain why the landing permits had been withdrawn. Emirati authorities have not provided an explanation.

Israeli passengers were stranded in the UAE after an incident on a FlyDubai flight from Dubai to Tel Aviv. The plane’s copilot allegedly stabbed the captain and tried to crash the aircraft before passengers and crew managed to enter the cockpit to restrain him.

Other FlyDubai pilots who happened to be passengers on the flight made an emergency landing in the Saudi city of Tabuk.

Emirati authorities ordered an investigation to establish the circumstances and motives behind the incident. Israeli authorities quickly claimed the incident was a terror attack.

Israeli Prime Minister Benjamin Netanyahu claimed in a Fox News interview that the copilot had undergone "Islamist radical indoctrination" and that the man was suicidal. Netanyahu gave no evidence for the claim.

Israeli Defense Minister Israel Katz went further, calling the incident an “attempted jihadist terrorist attack” and saying the copilot intended to crash the aircraft with everyone aboard.

One of the passengers, 50-year-old Yaniv Hayun, claimed that he ran to the cockpit after the stabbing and stabilized the plane after it plunged 20,000 feet toward the ground. 

Hayun, the owner of a plumbing company in Israel, has no background in aviation. He claimed​ he knew how to pull the plane out of its nose-dive, saving more than 170 people, after watching an aircraft crash TV show.

A pilot interviewed by CNN said that aspects of the plane's fall “did not make sense” and that, had the plane plunged so fast, it would have “disintegrated completely.”

The pilot in the CNN OutFront clip is Aaron Murphy, a commercial pilot and flight instructor. He is sitting in a flight simulator recreating the Flydubai FZ1073 incident so viewers can see what the cockpit and the aircraft itself would have looked like during the sudden… https://t.co/SV6zmXfCCa pic.twitter.com/JOZiSn9nwv

— xpos (@blame_d_cat) October 1, 2026

One day before the incident took place, Netanyahu held a security establishment assessment and talks with opposition leader Yair Lapid over an alleged, pre-Israeli election “security threat” that the premier had announced earlier on Tuesday. 

The FlyDubai incident has proven politically useful for Netanyahu, who met with Hayun in front of the media, hailing him as a hero. Netanyahu is seeking a seventh term as prime minister in Israel’s upcoming Knesset elections, scheduled for October 27.

Tyler Durden Fri, 10/02/2026 - 13:55