šŸ—žļøBill Clinton's turn to testify

...also OpenAI closes new funding round and Target will stop selling cereals containing synthetic colors

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February 27th, 2026

What happened today šŸ‡ŗšŸ‡ø,

  • Former President, Bill Clinton, testified in a closed-door House Oversight Committee deposition about his ties to Jeffery Epstein, Clinton denied doing anything wrong and stated he had no knowledge of Epstein's crimes saying he "witnessed nothing" inappropriate and criticized Republicans for subpoenaing Hillary Clinton unnecessarily

  • President Trump announced on social media that he is directing every federal agency to cease all use of Anthropic’s technology

  • Scouting America agreed to policy changes to maintain Pentagon support, including basing membership on biological sex at birth, eliminating the Citizenship in Society badge, introducing a Military Service badge, waiving fees for military families, and removing DEI initiatives

  • Democrats on the House Oversight Committee claim they have votes to subpoena Commerce Secretary Howard Lutnick to testify about his ties to Jeffrey Epstein…Republican Representative, Nancy Mace, joined calls for Lutnick's appearance as well after new DOJ photo evidence emerged…the Chairman of the House Oversight Committee James Comer said it's "very possible" that Lutnick testifies

  • OpenAI closed a $110 billion funding round, valuing the company at $730 billion…in addition OpenAI announced a multi-year strategic partnership with Amazon

  • Target announced that it will stop selling all cereals containing certified synthetic colors by the end of May, requiring national and private-label brands to reformulate products for store and online shelves

  • Trump Media & Technology Group (DJT) announced that it is in talks to spin off Truth Social into a separate publicly traded company

  • Warner Bros. Discovery officially signed a $110 billion deal with Paramount Skydance, this came after Netflix withdrew from its competing $83 billion bid for WBD assets after the board deemed Paramount's revised $31-per-share all-cash offer ā€œsuperiorā€

  • The IRS reported that the average tax refund reached $3,804 marking a 10.2% increase from the same point in 2025

  • January PPI inflation came in at 2.9% year over year, above expectations of 2.6%…core PPI inflation came in at 3.6% year over year, above expectations of 3.0%

  • S&P down .43% / Nasdaq down .92% / DOW down 1.05%

  • The U.S. State Department authorized the departure of non-emergency personnel and family members from the U.S. Embassy in Israel, citing safety risks amid escalating U.S.-Iran tensions following stalled nuclear talks…read more here

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