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The Latest Breaking News from Andrew Ross Sorkin

Jeff Bezos Says ‘We Don’t Have a Revenue Problem’ in America — Bottom Half Paying Just 3% of Taxes Means ‘We Can Find 3%’

Amazon founder Jeff Bezos says America has a spending—not a revenue—problem, arguing the bottom half of taxpayers should pay zero federal income tax and that vilifying billionaires misses the point.

Barchart

US, China deepen media row as Donald Trump revokes Xinhua journalist’s visa

America has revoked the visa of a Chinese journalist working for Xinhua. This move follows Beijing's decision to expel a New York Times reporter. The US action is a direct response to China's expulsion of Vivian Wang. This tit-for-tat measure escalates tensions. It impacts media access for both nations. The…

The Economic Times

US and China trade journalist expulsions in tit-for-tat moves

The Trump administration has revoked the visa of a Chinese national working for the state news agency Xinhua in the U.S. This move follows Beijing's decision to expel Vivian Wang, a New York Times correspondent, apparently over a DealBook event featuring Taiwan's leader

The Independent UK

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US and China trade journalist expulsions days after Trump visits Xi in Beijing

AAP

'Taxing the Rich Won't Help': Jeff Bezos Defends the Ultra-Wealthy Amid Tax Debate — Zohran Mamdani Hits Back

Jeff Bezos told CNBC that the bottom half of US earners should pay zero income tax and dismissed wealth taxes. NYC Mayor Zohran Mamdani fired back.

International Business Times UK

Jeff Bezos on Zohran Mamdani's big mistake: 'When you don't know how to solve a problem, create a villain, blame them'

The Amazon founder defended fellow billionaire Ken Griffin while endorsing New York's pied-à-terre tax in the same breath. "Ken Griffin isn't a villain."

Fortune

‘Where’s the rest of the money coming from?’: GameStop CEO gives one of the most bizarre interviews ever after $55.5 billion eBay bid

Couldn’t answer the most obvious question

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GameStop CEO baffles CNBC anchors in bizarre interview

Asked where the money will come from for his proposed eBay acquisition, GameStop CEO Ryan Cohen claimed not to understand the question.

PC Gamer

How to survive our doomed times? Both the experts and I have the same advice

We have two choices: be paralysed by fear or just continue with what we are doing. I know what I choose, says Guardian columnist Emma Brockes

The Guardian - UK

'I had to take 60 meetings': Jeff Bezos says 'the hardest thing I've ever done' was raising the first million dollars of seed capital for Amazon

“The whole enterprise could’ve been extinguished then,” Bezos recalled.

Fortune

Lili Taylor, Keith McNally and Andrew Ross Sorkin are among Gotham Book Prize finalists

A book of essays by actor Lili Taylor, a memoir by restaurateur Keith McNally, and a bestseller from Andrew Ross Sorkin about the 1929 stock market crash are among the 10 finalists for a $50,000 literary prize

The Independent UK

Erika Kirk Ends Hesitation to Endorse JD Vance, Jokes About 'Steamy' Viral Hug

Erika Kirk officially endorses JD Vance for 2028, moving past her previous hesitation at the DealBook Summit while joking about their viral, 'steamy' hug.

International Business Times UK

'I had to take 60 meetings': Jeff Bezos says 'the hardest thing I've ever done' was raising the first million dollars of seed capital for Amazon

“The whole enterprise could’ve been extinguished then,” Bezos recalled.

Fortune

Friday essay: experts are predicting a stock market crash – what does 1929 have to teach us?

Winston Churchill has just arrived in New York City. It is October 6 1929. Travelling with several members of his family, the British statesman checks into the Plaza Hotel, synonymous with wealth and celebrity – and certainly not cheap. But that’s no concern for Churchill: the cost of his stay…

The Conversation

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International Business Times UK

Erika Kirk Warns Young Women: Don't Put Off Children for a Career

Turning Point USA CEO Erika Kirk issues a stark warning: career-driven women in cities like New York risk relying on government to replace family life. Read her controversial remarks on Zohran Mamdani voters, her personal loss, and the choice between career and children.

Fortune

Alex Karp claps back at Wall Street critics who think he's an 'arrogant prick': 'If you're right a lot, maybe exerting that you're going to be right tomorrow is pretty important'

Karp argues extreme confidence—checked by a “painfully flat” internal culture—is the only way to resist the “bailout culture” of modern corporate America.

Fortune

Scott Bessent calls the Giving Pledge well-intentioned but ‘very amorphous,’ growing from ‘a panic among the billionaire class’

“When you see that people have a stake in the system, they don’t want to bring the system down,” the Treasury secretary argued at the DealBook Summit.

Fortune

Scott Bessent is defiant on whether tariffs are a tax, demands Democrats work to cut actual taxes instead

Saying that some Democrats had walked into his “bear trap,” the Treasury secretary urged them: “Join me and cut taxes, and that will be disinflationary.”

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Benzinga

Elon Musk Wants Us To Flee Earth & Live On Mars To Save Humanity—But Jeff Bezos Says 'There Is No Plan B… We Have To Save Earth, This Is The Good One'

Blue Origin founder Jeff Bezos wants to move industry off Earth to save the planet. Elon Musk, CEO of SpaceX, wants to move people off Earth to save humanity. Same mission: space. Very different destination.

Benzinga

Wealthy New Yorkers Reportedly 'Looking For Therapy' After Zohran Mamdani Taps Former FTC Chair Lena Khan As His Transition Team Co-Chair

New York City's business elite didn't wait long to panic after Mayor-elect Zohran Mamdani announced that former Federal Trade Commission Chair Lina Khan would co-lead his transition team.

The Guardian - US

‘Disorder, fright and confusion’: looking back at the devastating Wall Street crash of 1929

Andrew Ross Sorkin’s new book 1929 takes readers back to the crash that changed the US and looks at what we can learn from it today

The Independent UK

Squawk Box co-host warns of similarities between today and Wall Street in 1929: ‘I can assure you, unfortunately, we will have a crash’

Financial journalist Andrew Ross Sorkin says he worries about an artificial intelligence bubble in the US

International Business Times UK

What's Going On With Andrew Ross Sorkin's Eye? Viewers Question His Appearance as 60 Minutes Clip on Stock Market Crash Goes Viral

Viewers react to Andrew Ross Sorkin's eye during his viral 60 Minutes interview, as the journalist warns of a looming stock market crash similar to 1929.

Fortune

Hedge fund billionaire Paul Tudor Jones says 2025 is 'so much more potentially explosive than 1999' because of the way bull markets always end

Paul Tudor Jones also got far out and sci-fi, talking to CNBC. “We’re kind of boldly going where no man has ever gone before.”

Benzinga

Defense Stocks Rise As Trump Team Considers Buying Into Major Contractors

Commerce Secretary Howard Lutnick said Tuesday that the Trump administration is considering buying ownership stakes in major defense contractors, similar to its recent controversial move to acquire part of chipmaker Intel Corp. (NASDAQ:INTC).

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