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Who was Charlie Kirk, the conservative firebrand assassinated at Utah Valley University?

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Conservative media commentator and supporter of President Donald Trump, Charlie Kirk, was shot and killed yesterday while speaking at an event at Utah Valley University.

Footage of the shooting, which spread rapidly on social media, shows Kirk being struck by a bullet in the neck.

Kirk died a short time after being taken to the hospital. Later in the evening, law enforcement announced that a suspect had been taken into custody but was subsequently released. Authorities have not yet stated any motive.

Trump announced the death of the 31-year-old Kirk on social media and called for flags to be flown at half-staff nationwide. In a video posted on his Truth Social account, the President said, “For years, radical leftists have been comparing great Americans like Charlie to Nazis and the world’s worst murderers and criminals. This type of rhetoric is directly responsible for the terrorism we are seeing in our country today.”

While Kirk was still in the hospital, JD Vance told his followers on X to “pray,” adding that Kirk was “a truly good man and a young father.”

Israeli Prime Minister Benjamin Netanyahu also posted a tweet stating his “prayers are with Charlie Kirk.” Netanyahu later added, “Charlie Kirk was murdered because he spoke the truth and defended freedom. A courageous friend of Israel, Kirk fought against lies and stood tall to defend Judeo-Christian civilization. I spoke with him just two weeks ago and invited him to Israel. Sadly, that visit will not happen.”

Aleksandr Dugin claimed that “Soros” was behind the shooting. Right-wing Israeli Minister of National Security Itamar Ben-Gvir wrote, “The collaboration between the global left and radical Islam is the greatest danger to humanity today. Charlie Kirk saw this danger and warned against it. But the bullets of a vile assassin struck him down. Thank you, Charlie, for your support for Israel and your fight for a better world.”

Many far-right influencers and Republican officials also alleged that “leftists” carried out the attack. In some extremist groups, members called for civil war and violent revenge. Influencer and conservative Alex Jones declared on his live Infowars broadcast, “This is war, this is war, this is war.”

Stewart Rhodes, founder of the Oath Keepers, whose seditious conspiracy prison sentence was commuted by Trump earlier this year in connection with the January 6, 2021, Capitol riot, announced on Infowars that it was time to reactivate his militia group to provide public security for figures like Kirk.

Rhodes then called on Trump to “do the right thing, the necessary thing” and “invoke the Insurrection Act” following the shooting.

“You must declare that the left in this country is in open rebellion against US law, inciting insurrection, aiding and abetting an invasion, and obstructing the enforcement of federal laws,” Rhodes said.

Elon Musk of X wrote, “The Left is the party of murder,” and then quote-tweeted a post blaming the “leftist mainstream media and figures like Gavin Newsom” for radicalizing people against right-wing figures like Kirk, adding, “Exactly.”

Figures like Andrew Tate began posting “civil war” themed content on social media.

Other prominent political figures from across the ideological spectrum, including Barack Obama, Joe Biden, and Kamala Harris, also condemned the shooting and political violence.

In 2012, at just eighteen years old, Kirk founded Turning Point USA, a right-wing conservative “non-profit organization” focused on young people. A key player in Republican politics and the Make America Great Again (MAGA) movement, Kirk’s influence was noted by New Yorker reporter Antonia Hitchens, who wrote, “As a reporter, I have met countless people who say they owe their political engagement—their commitment to the country—to Turning Point.”

A 2022 New York Times report seems to confirm this impact. While JD Vance began his career as an anti-Trumper, his election as a senator from Ohio in the midterms and his integration into the MAGA movement were facilitated by figures including Palantir founder Peter Thiel and Charlie Kirk, who introduced Vance to Trump advisor Andy Surabian. In his victory speech after winning the senatorship, JD Vance thanked Donald Trump and Donald Trump Jr., as well as Charlie Kirk and Tucker Carlson.

Hitchens points out that in the 2024 election, Kirk’s organization’s affiliate, Turning Point Action, played a major role by going door-to-door in Arizona and other swing states to gather Republican votes. Through its Political Action Committee (PAC), Turning Point also raised significant funds for Trump.

Furthermore, it was reported last fall that Kirk was one of a handful of Trump loyalists tasked with conducting “loyalty tests” for candidates to be appointed to senior positions at the Pentagon and intelligence agencies.

Kirk was also one of the loyalists President Trump appointed to the governing boards of US military academies. Kirk was appointed to the Board of Visitors of the Air Force Academy, a board responsible for reviewing the academy’s curriculum and instruction.

Kirk’s appointment is considered particularly ironic because, after graduating from Wheeling High School in Chicago in 2012, he was rejected by the West Point Military Academy, a rejection that spurred him toward the right-wing movement he now leads. Kirk claimed he was rejected from West Point because a “far less qualified candidate of a different gender and different persuasion” was chosen instead.

According to earlier profiles, Kirk’s father was an architect with his own firm, designing and building “middle-class luxury homes,” while his mother was a trader at the Chicago Mercantile Exchange.

It appears that the 2008 crisis and the subsequent federal government bailout of banks significantly impacted Kirk’s family business and his later development.

Objecting to government intervention in the economy, Kirk began to focus on issues such as Reaganomics, the works of free-market guru Milton Friedman, and gun rights.

By the time Kirk was a senior in high school, the Tea Party was on the rise. In a 2016 study, Stanford sociologist Robb Willer showed that the rise of the Tea Party was directly linked to the “relative ‘racial status’ of whites in the United States,” along with the election of Obama and the economic trends of 2008.

Indeed, before his death, Kirk participated in a Jubilee YouTube channel program titled Can 25 liberal college students beat 1 conservative?, where he attempted to “defeat” “woke” university students and claimed that Black people lived better during the eras of slavery and segregation.

As a high school senior, Kirk began attending meetings and associating with right-wing political activists like 71-year-old Bill Montgomery, who would help Kirk establish Turning Point USA a few months later.

Also during his senior year, Kirk wrote an opinion piece for Breitbart, which led to an interview on Fox News.

Oscillating between white nationalism and Christian nationalism, Kirk and TPUSA declared just a few months after the January 6, 2021, Capitol riot that they would no longer focus on “fiscal responsibility, free markets, and capitalism through non-partisan debate, dialogue, and discussion.” Instead, they defined a new mission for themselves:

“To empower conscious civic and cultural engagement rooted in the spirit of American Exceptionalism and positive action. Turning Point USA guides citizens in developing knowledge, skills, values, and motivation, enabling them to meaningfully participate in their communities to restore traditional American values such as patriotism, respect for life, liberty, family, and fiscal responsibility.”

In its mission statement filed with its 2023 tax declaration, TPUSA Faith defined its goal as “a movement launched to resist secular totalitarianism in America, remove wokeness from the church, inspire the rise of strong churches, and awaken believers to their biblical responsibility to fight for freedom.”

For the year ending June 30, 2023, TPUSA Faith’s expenses totaled over $13 million, and the organization “coordinated” with 2,400 churches and 6,000 pastors, participating in summits and roundtable meetings targeting these congregations and clergy.

An evangelical Christian, Kirk was openly pro-Israel and frequently debated the Gaza invasion with university students and others. Turning Point USA also maintained ties with pro-Israel organizations and regularly featured pro-Israel speakers at its conferences.

Kirk himself had traveled to Israel and praised Trump’s policies toward the country, including the 2018 relocation of the US embassy to Jerusalem.

Describing his visits to Israel as “eye-opening,” Kirk addressed a crowd at a bar in Jerusalem during his second trip, saying, “I am very pro-Israel, I am an evangelical Christian, a conservative, a Trump supporter, a Republican, and I have defended Israel my entire life.”

In his discussions on Israel and other topics, Kirk sometimes faced criticism for “veering into antisemitism.” In October 2023, just days after the Al-Aqsa Flood operation, Kirk sparked controversy by criticizing Jewish philanthropic donations to American universities as “subsidizing their own destruction by supporting institutions that cultivate antisemites and support genocidal murderers.”

Weeks later on his program, The Charlie Kirk Show, he also stated that Jews control “not just the universities, but the non-profits, the movies, Hollywood, everything.”

The following month, after Elon Musk replied “You have said the actual truth” to a user referencing the “Great Replacement” theory, Kirk defended Musk on his show, writing that Jews were beginning to realize that immigrants coming to the US “don’t like them very much.”

On his program, Kirk said, “Jewish communities are promoting against whites the same kind of hatred they claim they want people to stop using against them,” and later argued that “the philosophical basis of anti-whiteness has been largely funded by Jewish donors in the country.”

Kirk’s concerns about the erosion of the status of white Americans were central to his politics. He also leveled harsh criticisms against what he called “Marxism,” efforts to restrict gun rights, and transgender individuals. At the time he was shot, he was answering a question about transgender people.

In April 2024, as pro-Palestinian protests against Israel spread across American campuses, Kirk supported harsh Republican measures and called on them to also confront what he termed “institutional hatred against whites.”

Kirk had stated, “I really like the unity the Republican Party is showing against Jewish hatred. There is no place for it in America. Can we get the same unity on institutional hatred against whites on campus? This is an even more entrenched problem than antisemitism.”

Kirk also frequently defended Israel’s ongoing invasion of Gaza. In July, he shared a segment from his program on X, defending the state of Israel “against allegations of starving Palestinians.”

America

US wealthy demolish multimillion-dollar mansions for land

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Wealthy buyers in the US are tearing down multimillion-dollar homes shortly after purchasing them for hundreds of millions of dollars.

According to a report by The Wall Street Journal, the trend is driven by a shortage of land in prestigious locations, particularly along coastlines.

For ultra-wealthy buyers, the prime factor has become the land’s location rather than the structure standing on it. After the acquired properties are flattened, newer, more modern homes are built on the cleared lots.

Drawing attention to the shift in the luxury real estate market, the report noted:

“The home itself, formerly the primary driver of an expensive real estate purchase, is now almost beside the point. Buyers are competing first and foremost for well-located land, situated on the ocean or a mountaintop.”

The newspaper cited moves by US billionaire William Lauder as an example. Lauder purchased the oceanfront estate of radio host Rush Limbaugh, who died in March 2023, for $155 million and had it completely demolished in July.

Lauder had previously torn down two homes situated on roughly 1.2 hectares of land along the Palm Beach coast. Having initially planned to construct his own residence on the parcel, Lauder subsequently sold the cleared plot for approximately $200 million.

Jonathan Miller, a real estate appraiser, stated that such transactions are becoming increasingly common as land prices rise.

Amid this momentum, estate agents have also begun marketing luxury homes directly as teardown lots.

Listings use artificial intelligence-generated imagery to showcase how the land would look without the structures on it.

Marketers avoid using the word “demolition” directly, resorting instead to terms such as “adaptive reuse”.

Teardown listings rise across luxury housing market

The trend is not confined to the coast and is spreading to other regions across the US.

Data from property brokerage Redfin reveals that references to demolishing buildings are becoming more frequent in sales listings.

The share of such listings exceeds 15% in the Bunker Hill Village area of Houston, while standing at 6.67% in Pimmit Hills, Virginia.

Dina Goldenteyer, a real estate agent working in Miami, remarked that serial demolitions have become more frequent because buyers no longer appreciate homes older than a decade.

Former retail executives Jamie Dooley and Christine Scott spent $3.7 million in 2020 to demolish a seaside home near Destin, Florida.

Although the couple spent five years building a modern home on the cleared site, they listed the resulting new structure with a demolition condition, citing the fact that no one wanted to buy the property as it stood.

William Paddock, an employee at the environmental consultancy WAP Sustainability, pointed to the environmental damage caused by this construction cycle.

Paddock emphasized that tearing down a home of roughly 1,000 square metres and replacing it with a new building of approximately 2,700 square metres generates a carbon footprint equivalent to the annual emissions of an average 250 American households.

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US inflation reaches 3.7% as midterm election campaign intensifies

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An uptick in September inflation as the US midterm elections approach has pushed the cost-of-living debate back to the centre of the agenda for Democrats seeking to regain control of Congress from Republicans.

Annual inflation stood at 3.7% in September, according to the Consumer Price Index published by the Bureau of Labour Statistics, with energy, petrol, and electricity costs rising on a monthly basis.

Food prices remained flat from August to September, recording a 2.5% increase compared with the same period last year.

Democrats are anchoring their election campaigns to pledges of easing the cost of living, blaming the price increases on President Donald Trump’s tariffs and the war with Iran.

Trump and Republicans, pointing to the numerous left-wing candidates who won primary elections this year, contend that the opposition has become captive to “communists” within the party.

When annual inflation stood at 2.4% in February, the US and Israel launched the Iran war on the final day of that month, and prices continued to climb throughout the conflict.

The recent acceleration has not entirely reversed the retreat from the 40-year peak of 9.1% recorded in June 2022; however, the rate has remained above the Federal Reserve’s 2% target for over five years.

Fed policymakers raised the benchmark interest rate by a quarter of a percentage point last month, citing the battle against stubborn inflation. Officials will convene again next week to consider whether to raise rates or hold them within the 3.75% to 4% target range.

Energy and fuel record sharpest increase since first month of war

In September, energy prices posted their largest monthly jump since March, the first full month of the war with Iran, climbing 20.4% year-on-year. Energy costs had risen 2.1% from July to August, after falling 1.5% from June to July and 5.7% from May to June.

Recent escalations in Iranian attacks on oil tankers in the Strait of Hormuz, alongside more frequent strikes by Ukrainian forces against Russian refineries, have strained global crude oil and refined product markets, driving up US petrol and diesel prices.

Petrol prices also recorded their sharpest monthly increase since the first month of the war, climbing 9.1% from August to September, bringing the annual increase to 35.3%.

American Automobile Association (AAA) data shows the average price of regular petrol across the US stands at $4.26 per gallon; while below the level of roughly $4.48 recorded a month ago, it remains more than $1.20 higher than a year earlier. Average gallon prices exceed $6 in California and $5 in both Washington state and Nevada.

Electricity prices rose 0.2% from August to September, offsetting the 0.2% decline between July and August, and were up 4.4% year-on-year.

Heavy power demand from new data centres is feeding through into local household electricity bills. Trump argued that companies must cover the cost of the electricity required by their data centres themselves.

In a post on Truth Social, Trump claimed that he was requiring large data centres to generate their own power and feed the surplus back into the local grid, suggesting this could bring about “a major drop” in electricity prices.

Used vehicle market posts monthly rise as food costs stabilise

The cost of food at home fell 0.1% month-on-month in September, while dining out increased 0.2%.

Egg prices dropped to $2.27 a dozen, falling roughly 35% compared with September 2025 and remaining well below the 20-year peak of $6.23 recorded in March 2025.

Ground beef prices rose roughly 2.4% compared with September 2025, but at $6.48 a pound, they remained below the 20-year high of $6.98 reached in June.

Chicken held steady at its year-earlier level of $2.06 per pound last month, having fluctuated between $2.01 and $2.09 since November 2024.

Used car and truck prices fell 1.5% compared with September 2025, but rose 0.7% month-on-month in September following 0.4% increases in both July and August.

Heather Long, chief economist at Navy Federal Credit Union, noted that the sector faces severe pressure stemming from a combination of expensive replacement parts and a shortage of skilled labour.

Speaking to The Hill, Long emphasised that every cost pressure across the market is being felt directly at local auto repair shops.

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Anthropic posts $80.7bn loss ahead of IPO as computing costs soar

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Anthropic, developer of the artificial intelligence model Claude, reported a net loss of $80.7 billion for the first six months of 2026 ending 30 June.

According to a report by The Wall Street Journal citing the company’s draft initial public offering prospectus, this recorded loss nearly doubled the $42 billion loss incurred across the entirety of 2025.

The vast majority of that enormous figure, accounting for $72 billion, stemmed from accounting-driven book-value write-downs.

In contrast, the company saw a sharp surge in revenue, with turnover in the first half of the year climbing to $16.3 billion from $1.1 billion in the same period of the prior year.

During this period, Anthropic spent approximately $9 billion on computing power and infrastructure needs, surpassing in just six months the $7.3 billion spent across the whole of 2025.

The company has commitments to pay roughly $450 billion over the next seven to 10 years under cloud service contracts.

Under these obligations, contracts are planned for $111 billion with Google Cloud, $110 billion with Amazon Web Services, and $31 billion with Microsoft.

Anthropic will also spend up to $86 billion by 2033 and 2034, respectively, to lease Nvidia chips through smaller AI-focused cloud providers Nscale and Lambda.

The company could spend an additional $750 billion in the coming years to expand its computing capacity.

Roughly a third of the draft IPO prospectus was dedicated directly to risk factors.

The document highlighted the possibility that models could cause tangible real-world harm, noting that artificial intelligence could exhibit a “self-preservation” tendency and produce responses resembling “blackmail”.

Anthropic warned that the scale of damage caused by an AI-driven “catastrophic event” could render insuring against such risks impossible.

According to market expectations, Anthropic’s IPO could rank among the largest transactions in history, potentially surpassing SpaceX’s record.

Following the market debut, the company’s market valuation is projected to reach up to $2 trillion.

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