Free Republic

The bottom 50% of households in the U.S. own only $4.27 trillion of the nation's $174 trillion in available wealth. By contrast, the top 0.1% own $25.07 trillion, and the top 99 to 99.9% own a little under $30 trillion, according to Federal Reserve data. With AI now supercharging the stock market, and richer families already owning the majority of those assets, that divide is only likely to widen. Jamie Dimon, CEO of JPMorgan Chase, is well aware of this phenomenon. In fact, the man worth more than $3 billion according to Forbes says he understands why people are "anti-rich."...

Cincinnati — For Avondale resident Christopher Adams, going to the grocery store was a twice a week trip. After the store closed, that task may become a lot harder. The neighborhood of Avondale’s only sizable grocery store, The Country Meat Co. Marketplace, announced that it’s shutting its doors on Facebook in early July. It opened in February 2025, and when it closed the “now open” banner still hung above the door. Before the store opened, Avondale was considered a “food desert.” Many of its residents lived more than a mile away from a grocery store that could provide nutritious, fresh...

Hunter Biden, the son of former President Biden, was awarded $1.7 million in damages on Friday as part of a defamation lawsuit against former Overstock.com CEO Patrick Byrne. Byrne, a known denier of Biden’s victory over President Trump in the 2020 presidential election, accused the younger Biden of taking part in an $800 million bribery scheme involving Iran and failed to defend his claims in court. U.S. District Judge Stephen Wilson of the Central District of California ruled the ex-executive acted with “intentional misrepresentation” and “conscious disregard” for Hunter’s rights, and said Byrne continued to amplify the false allegations even...

The US congressman Ro Khanna says armed Israeli settlers detained him during a visit to the Israel-occupied West Bank recently, describing the experience as a first-hand view of the realities faced by Palestinians living under occupation. In an interview with Reuters on Thursday from a Palestinian village, the progressive US House Democrat from California said his detention happened the previous day while his delegation visited an area of the southern West Bank that has experienced repeated attacks by Israeli settlers. Khanna recounted how settlers carrying US-made M4 rifles surrounded the group’s van. “We were at a village that Israeli settlers...

During the heated exchange, Behar insisted she was simply focused on “winning” in what she called an “emergency” situation under President Donald Trump. There is something hilarious about women who spent years demonizing white men suddenly treating them as saviors and their only path to victory. Behar began by floating a list of white male candidates she believes could actually win, naming Georgia Sen. Jon Ossoff, Pennsylvania Gov. Josh Shapiro, Illinois Gov. J.B. Pritzker, and former Transportation Secretary Pete Buttigieg. She framed the suggestion as cold political reality, telling her co-hosts they needed to face facts after watching the country...

Even people who dislike Donald Trump tend to give him credit for one thing: getting NATO to pay its fair share. American presidents have long grumbled about burden sharing. Trump has been crude, theatrical and transactional, but the sentiment he expressed was broadly shared. And Europeans got the message. Non-American NATO countries collectively spent 1.4 percent of their combined gross domestic product on defense in 2014; in 2025, it was close to 2.3 percent.But be careful what you wish for.The usual assumption is that if Europe spends more, the United States will spend less. This is demonstrably wrong. European defense...

Rep. Andy Biggs (R-Ariz.) is alarmed that Democrats might expand the membership of the Supreme Court It is true that leading Democrats, including former Vice President Kamala Harris, have welcomed “ideas, for example, that are about Supreme Court reform, including the notion of expanding the court.” But it is wrong to call it court-packing. In fact, the Supreme Court has already been strategically stacked by President Trump and his Senate allies, entrenching an illegitimate conservative supermajority. Adding four seats under the next Democratic trifecta would actually be unpacking the court. After Justice Antonin Scalia died on Feb 13. 2016, President...

Tehran is using force to gain control over traffic through the Strait. The best selling point for President Trump’s memorandum of understanding with Iran was that at least it opened the Strait of Hormuz. Well, now the regime is trying to nullify those terms by using force against commercial vessels, Gulf states and U.S. bases. All of this violates the deal... On Thursday Iran struck a container ship transiting the Strait with a drone. The U.S. responded on Friday with strikes on Iranian missile and drone storage sites and coastal radars. It announced the strike after markets closed as if...

Prominent activists with the “Make America Healthy Again” (MAHA) movement are raging and saying they feel betrayed after the Supreme Court sided with pesticide maker Monsanto on Thursday and said it did not need to put a warning label about a potential cancer risk associated with its Roundup weedkiller. The backlash could test the movement’s ties with the Republican Party, especially after the Trump administration backed Monsanto in the case. Several studies have found a link between glyphosate, the main ingredient in Roundup, and cancer, including a major study from last year. Bayer and Monsanto have denied any such connection....

In a move likely to further raise tensions with the administration of U.S. President Donald Trump, Pope Leo XIV will gather the world’s cardinals behind closed doors on Friday to hash out new guidelines on when war is justified. It’s a topic that has already fired a spat between the White House and the Vatican within the context of the Iran conflict. When Leo said the disciples of Christ were never on the side of those who “once wielded the sword and today drop bombs,” Vice President JD Vance retorted that the pontiff needed to be “careful” about his theology,...

The Democratic senator Elizabeth Warren has warned that corporate mergers approved by the Trump administration – including a pending deal that would put two of America’s largest news outlets under the control of a family sympathetic to the president – could be undone by a future administration. “After 2028, we’ll have new players in Washington, and everyone who’s engaged in this merger frenzy right now is aware of that,” Warren said in an interview. “The deals that are being cut today are occurring in the shadow of a coming political tsunami of anger against these giant corporations that think they...

Former “60 Minutes” executive producer Bill Owens is reportedly writing a tell-all memoir about his 37 years at CBS News, taking aim at owner Paramount, its CEO David Ellison and editor-in-chief Bari Weiss, among others. In a proposal obtained by Breaker Media, Owens describes Paramount’s decision to settle President Trump’s lawsuit over the editing of a “60 Minutes” interview with then-Vice President Kamala Harris as “perhaps the worst legal strategy ever employed by the worst-run media company in the history of America.” The proposed book would mark Owens’ most extensive public account yet of the turmoil that engulfed CBS News...

Despite intensified diplomatic messaging, both sides have warned they will retaliate if attacked again, leaving the region in a highly unstable standoff where deterrence and escalation risks remain tightly intertwined.

Fox News is taking heat after a new survey showed former Sen. Sherrod Brown holding a surprisingly large lead over Sen. Jon Husted in Ohio, a state President Donald Trump carried comfortably in each of his three White House runs. Trump beat Hillary Clinton in Ohio by more than eight points in 2016, defeated Joe Biden in the state by a similar margin in 2020 despite losing nationally, and expanded his advantage to more than 11 points over Kamala Harris in 2024. Husted, who was appointed to the Senate in 2025 after Vice President JD Vance vacated the seat, is...

Saturday's episode of The Weekend: Primetime on MS NOW pretended to present a balanced discussion between a Republican and a Democrat strategist in cowboy hats about the Texas Senate race between James Talarico and Ken Paxton. Co-host Elise Jordan introduced one of the guests this way: “Joining us now is Mark McKinnon, former advisor to George W. Bush and John McCain… Mark, you have a long career advising Republicans in Texas.” In reality, McKinnon’s Republican credentials are extremely thin and dated. His last significant Republican work was on John McCain’s 2008 presidential campaign, which he quit because he wanted Barack...

In what could be viewed as the most brazen conflict-of-interest issue in President Trump’s second term, the Pentagon just awarded Dell Technologies a $9.7 billion contract to manage Microsoft software across the entire U.S. military. Trump bought Dell stock just months earlier, publicly urged Americans to buy Dell computers weeks before the announcement, and received a $6.25 billion pledge from the Dell family. That’s the conflict part. WHAT HAPPENED The Department of War awarded Dell Federal Systems, the government-focused subsidiary of Dell Technologies, a five-year, $9.7 billion contract to supply and manage Microsoft software licenses and subscriptions, across the U.S....

Consumer sentiment has tumbled to a fresh record low in May as fears of higher prices grow due to the U.S.-Iran war and elevated oil prices, the University of Michigan’s Surveys of Consumers said Friday. The index of consumer sentiment fell to 44.8 from a preliminary reading of 48.2. It’s also well below the 49.8 level seen at the end of April. “Consumer sentiment fell for the third straight month as supply disruptions in the Strait of Hormuz continue to boost gasoline prices. Sentiment is now just below the previous historical trough seen in June 2022,” Surveys of Consumers Director...

A brief moment at Donald Trump’s high-stakes meeting with Chinese President Xi Jinping has sparked fresh attention after the U.S. leader was seen raising a glass and appearing to take a sip during a formal reception. Footage from the event shows Trump holding a stemmed glass alongside Xi and other officials before bringing it to his lips. The moment stands out because the president has presented himself as a lifelong teetotaler—making even routine diplomatic gestures open to closer scrutiny. The reception formed part of a tightly choreographed state visit, where symbolism and protocol carry as much weight as policy discussions....

This article is part of “Unaffordable America,” a series examining rising economic inequality in the U.S. and the policies that drive it. PHOENIX — The line outside a suburban office building was already 15 people long when Tiffany Hudson showed up with her 7-year-old son cradling his blanket. It was 7 a.m. At the front of the line was a woman hooked up to an oxygen tank who had arrived 90 minutes before the building opened. Like others there, Husdon had come to the Arizona Department of Economic Security office in Surprise, a Phoenix suburb, to find out why the...

For more than a decade, Guy Shoemaker pitched military service to potential new recruits with one key promise: healthcare for life. “You’re going to have medical and dental for the rest of your life,” said Shoemaker, a retired Army sergeant first class and recruiter who spent a year in Afghanistan. “I used that phrase too many times.” That promise held up when Shoemaker, 64, of Fort Worth, Texas, was diagnosed with throat cancer in 2021. TRICARE — the military’s healthcare program for active service members, retirees and their families — covered the chemotherapy, radiation and years of follow-up care that...