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The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'

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'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down

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Jensen Huang made his $172 billion fortune on AI chips. His family's $75 million gift to Vanderbilt argues art decides what technology is for
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Murdoch calls Trump’s Epstein suit ‘affront’ to free speech

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September 22, 2025, 6:43 PM ET
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Rupert Murdoch and News Corp. asked a US judge to throw out President Donald Trump’s $10 billion libel lawsuit over a Wall Street Journal report tying him to a bawdy birthday note to the late Jeffrey Epstein, calling the case “an affront to the First Amendment.”

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The July 17 story about a note bearing Trump’s signature that was sent to Epstein along with a sketch of a naked woman in 2003 is true and doesn’t defame the president’s character, lawyers for the 94-year-old News Corp. chairman emeritus said Monday in a request to dismiss the suit.

“By its very nature, this meritless lawsuit threatens to chill the speech of those who dare to publish content that the President does not like,” Murdoch and News Corp. said in the filing in federal court in Miami.

Trump sued July 18, accusing Murdoch, News Corp. and Wall Street Journal publisher Dow Jones & Co. of maligning his character. The suit was filed as the president was fighting a firestorm of criticism over the government’s handling of documents related to the late, disgraced financier. Epstein died in prison in 2019 as he faced sex-trafficking charges.

The Wall Street Journal story, which provided details of a “birthday book” of notes compiled for Epstein’s 50th birthday, raised further pressure on Trump, who has long denied any awareness of Epstein’s activities. House Democrats investigating the sex-trafficking operation run by Epstein earlier this month released the alleged birthday note that they said Trump sent to the late disgraced financier.

“Two weeks ago, in response to a congressional subpoena, Epstein’s estate produced the Birthday Book, which contains the letter bearing the bawdy drawing and plaintiff’s signature, exactly as The Wall Street Journal reported,” Murdoch and News Corp. said in the filing.

The White House didn’t immediately respond to a message seeking comment.

Murdoch and News Corp. said in their filing that the First Amendment’s protections for truthful speech “are the backbone of the Constitution.”

Trump “acknowledged his friendship with Epstein,” Murdoch and News Corp. said in the filing. “As the article reports, three months before the Birthday Book was gifted to Epstein, a New York magazine article quoted the plaintiff as saying that he had known Epstein for ‘15 years’ and that Epstein was a ‘terrific guy,’ ‘a lot of fun to be with,’ and ‘likes beautiful women as much as I do.’”

Murdoch in August agreed to provide Trump’s lawyers with a sworn declaration “describing his current health condition” as well as regular updates on his health as part of a deal to delay any deposition in the case. 

The filing comes days after a judge tossed Trump’s $15 billion defamation suit against the New York Times, which accused it of serving as a “mouthpiece” for the Democrats. The judge in that case said Trump’s lawyers “unmistakably and inexcusably” violated court rules by featuring “repetitive,” “superfluous” and “florid” allegations and details in the complaint. The judge gave Trump permission to refile a shorter lawsuit within the rules.

The Fortune 500 Innovation Forum will convene Fortune 500 executives, U.S. policy officials, top founders, and thought leaders to help define what’s next for the American economy, Nov. 16-17 in Detroit. Apply here.
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