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Report: in May, supply of unsecured bonds from hyperscalers passed $155B, up over 45% from 2025's total issuance; some AI-infra bond sales are 4x oversubscribed (Caleb Mutua/Bloomberg)
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Caleb Mutua / Bloomberg : Report: in May, supply of unsecured bonds from hyperscalers passed $155B, up over 45% from 2025's total issuance; some AI-infra bond sales are 4x oversubscribed   —  Credit heavyweights like DoubleLine Capital LP and Oaktree Capital Management are buying debt now that can perform …
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Steve Hilton launches ad mocking Xavier Becerra's '36 years' as a career politician in California gov race
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California Republican gubernatorial candidate Steve Hilton launched a new campaign ad Saturday targeting former Biden administration official Xavier Becerra, signaling the general election fight may already be underway even as primary ballots continue to be counted. The 55-second ad mocks Becerra's lengthy political career and record in government, portraying the Democrat as a continuation of California's political status quo. The ad features silent clips of Becerra appearing on an old-fashioned TV screen while captions flash across the screen, including: "I've been a career politician for 36 years. Vote for me." Other captions reference issues likely to become central themes in the governor's race, including homelessness, California's high-speed rail project and Becerra's tenure as secretary of Health and Human Services in former President Joe Biden 's administration. HILTON, BECERRA, IN THE LEAD WITH VOTES STILL BEING COUNTED IN BATTLE FOR CALIF...

Several UK police forces have been told to stop using AI to prepare court statements, citing concerns that inaccurate outputs could contaminate legal procedures (Robert Wright/Financial Times)
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Robert Wright / Financial Times : Several UK police forces have been told to stop using AI to prepare court statements, citing concerns that inaccurate outputs could contaminate legal procedures   —  Safeguards must be in place before forces automate justice tasks, says head of Police.AI  —  A number of UK police forces …

Pennsylvania AG explains why state leads nation in Medicaid fraud convictions while others battle mass schemes
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Pennsylvania's Republican Attorney General Dave Sunday detailed how his state has become number one in the country in convicting Medicaid fraudsters in an exclusive interview with Fox News Digital. "As you know, in Pennsylvania we had the most Medicaid fraud convictions in the entire country last year. And the reason for that is because of how aggressively we investigate and prosecute these cases," Sunday told Fox News Digital. "We have an absolute moral duty to protect the most vulnerable amongst us. And one of the ways we can do that is making sure that the resources that are meant to go to them actually get to them," he continued. Amid a strong push from the White House to investigate and prosecute fraud nationwide — demonstrated through Vice President JD Vance's White House Task Force to Eliminate Fraud — Medicaid fraud in particular has come into the spotlight. I'M OHIO'S STATE AUDITOR — MEDICAID FRAUD IS NOT JUST A WASHINGTON PROBLEM In May, V...

WATCH: AOC leaves door open to 2028 White House bid: 'Maybe, maybe not'
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Rep. Alexandria Ocasio-Cortez , D-N.Y., refused to rule out a 2028 presidential run, but said expanding healthcare remains more important than pursuing higher office. "Could I be president?" Ocasio-Cortez said. "Could I not be president? Maybe, maybe not." She repeatedly steered the conversation away from her own political future and back toward policy outcomes, arguing that the value of holding office depends on what can be accomplished with it. She suggested that achieving universal healthcare would be a greater measure of success than securing any particular title, including the presidency. "What matters more is that we guarantee healthcare in this country," she told Fox News Digital. AOC DODGES QUESTIONS ON ABUSE ALLEGATIONS, NAZI TATTOO CLAIMS ROCKING PLATNER'S CAMPAIGN Speculation about Ocasio-Cortez's political future has grown as some Democrats view her as a potential contender in the 2028 presidential race. While she has never formally an...

Sources: Meta is exploring a stock offering to raise tens of billions of dollars to fund AI capital expenditures, following Google's record $85B share deal (Financial Times)
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Financial Times : Sources: Meta is exploring a stock offering to raise tens of billions of dollars to fund AI capital expenditures, following Google's record $85B share deal   —  Facebook parent could sell tens of billions of dollars in new stock as it seeks to finance AI infrastructure

SEE IT: Lavish $35M mansion bought by tech CEO accused of feeding US gear to Iran's nuclear machine
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A dual U.S.-Iranian citizen accused of helping Iran's military and nuclear program obtain sensitive American technology used millions of dollars in illicit proceeds from the scheme to fund the construction of his Newport Beach mansion, federal prosecutors said Wednesday. Jamshid Ghomi, 63, an Iranian-American businessman who lives in Newport Coast, California, was charged with conspiracy to violate U.S. sanctions laws by supplying export-restricted American networking, security and encryption equipment to customers in Iran, including entities tied to the country's military and nuclear enrichment programs. "As alleged, Ghomi enriched himself by supplying U.S. technology to the Atomic Energy Organization of Iran and other sanctioned entities responsible for Iran’s nuclear program," Assistant Attorney General for National Security John A. Eisenberg said in a statement. The arrest comes amid a broader federal crackdown on Iranian procurement networks and intelligence ope...