- Jeff Bezos’ plan to revamp The Washington Post is imploding. Incoming newsroom editor Robert Winnett pulled out of the job Friday morning after a slew of revelations about his past as a writer in London. Meanwhile, Will Lewis, the Washington Post’s publisher, has also come under fire. That’s bad news for Bezos, who needed the two men to breathe new life into the newsroom.
- The American dream of home ownership is becoming an American fantasy. A recent Harvard study found monthly payments for a median-priced home after taxes and insurance have hit about $3,100. That’s the highest level it’s been in more than three decades. That payment requires a household income of at least $120,000 a year, which only 6% of renters have.
- The silver lining of sports betting scandals. The series of high-profile gambling scandals that recently rocked the sports world thrust the long-overlooked issue into the spotlight. Leagues are now focusing on educating athletes who may be betting-prone, and the industry’s gotten a lot better at catching bad actors.
In other news
- Elon Musk confirms 3rd child with his Neuralink executive Shivon Zilis.
- Kevin Costner is leaving ‘Yellowstone’ before the final season is over. Here’s a complete timeline of the behind-the-scenes drama.
- Perplexity CEO explains why you need to understand your ‘dopamine system’ if you want to start your own company.
- Jensen Huang’s Nvidia sure hopes the AI bubble doesn’t burst anytime soon.
- The reclusive billionaire who’s spent $75 million on Trump and $25 million on RFK Jr.
- This exclusive CEO training program doesn’t care about your 4.0 GPA.
- Companies that give money to Democrats are beating Republican donors in the stock market.
What’s happening today
- Paris Fashion Week begins.
The Insider Today team: Dan DeFrancesco, deputy editor and anchor, in New York. Jordan Parker Erb, editor, in New York. Hallam Bullock, senior editor, in London. Annie Smith, associate producer, in London. Grace Lett, associate editor, in Chicago. Amanda Yen, fellow, in New York.
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