🗞️Amazon to invest $10 billion in North Carolina

June 4th, 2025

What happened today 🇺🇸,

• Amazon announced a $10 billion investment to build a new high-tech data center campus in North Carolina with the goal of expanding its cloud computing and artificial intelligence infrastructure…the investment will create at least 500 high-skilled jobs

• President Trump said on social media that he spoke with Putin for 75 minutes today and Putin said "very strongly" that he will respond to Ukraine's recent drone attacks…Trump said it was "not a conversation that will lead to immediate peace”

• Former White House press secretary Karine Jean-Pierre has left the Democratic party and become an independent after serving under two Democratic presidents…Jean-Pierre has a new book coming out this fall where she details this decision

• Colorado federal judge, Gordon Gallagher, has issued an order blocking the Trump administration from deporting the wife and five children of the Boulder, Colorado terror suspect Mohamed Soliman

• The Congressional Budget Office projects 10.9 million more people will be uninsured in 2034 due to healthcare changes from President Trump's “big bill”

• The White House has formally asked Congress to rescind $9.4 billion in previously approved funding, primarily targeting international aid through USAID and public broadcasting entities like NPR and PBS, as part of a package to codify spending cuts recommended by the Department of Government Efficiency (DOGE)

• The Washington Post is launching a major new initiative, internally called "Ripple," to feature a wide range of outside opinion columns from journalists at other publications, influential writers on platforms like Substack, and eventually even amateur authors

• Reddit is suing AI startup Anthropic, accusing it of illegally scraping and using Reddit’s user-generated content and data to train its AI models without permission or a licensing agreement

• JPMorgan is preparing to offer clients loans backed by Bitcoin & crypto ETFs

• The ADP private payrolls report showed that the U.S. private sector added just 37,000 jobs in May which was way below the 110,000 expected by analysts

• DOW down .22% / S&P up .01%

• Today marks the 36th anniversary of the Tiananmen Square massacre, when the Chinese government declared martial law and Chinese troops violently suppressed pro-democracy protests in Beijing in 1989…for more click here 

• Vietnam has officially ended its longstanding two-child policy, allowing families to decide how many children to have

Bonus: A look at the 50 best places to work in America

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