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Stephen Miller New Chief of Staff, Axios: Vance Leads Iran Push, More

Nov 7, 2026 · 6m

Summary

President Trump shakes up his White House team by appointing Stephen Miller as chief of staff, while Vice President Vance engages in indirect ceasefire talks with Iran. In tech, OpenAI closes an initial $11 billion funding round at a $1.25 trillion valuation, and Microsoft winds down its AI computing arrangement with Oracle. The episode also covers a turbulent week for U.S. stocks, strong job creation data, and Colorado voters approving a new graduated income tax structure.

Topics discussed

Sponsored segment: ChatGPT for business expansion Trump taps Stephen Miller as Chief of Staff; comments on Hegseth Vance involved in indirect Iran ceasefire talks OpenAI closes $11B funding round at $1.25T valuation S&P 500 drops for fourth straight week; market recap Job creation exceeds expectations; CEA Chair comments Microsoft winds down AI computing rental deal with Oracle Voters back data center slowdown; AI legislation debate Colorado voters approve graduated income tax structure Friday market closing numbers and oil prices Sponsored segment: ChatGPT for business strategy Sponsored segment: Empower Personal Dashboard Sponsored segment: Underdog Fantasy
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