IRS firings could hurt tax evasion enforcement

This is a condensed version of Business Insider Today, a newsletter that gives you a look at the week’s top stories. Read today’s full edition on Business Insider. Want the newsletter direct to your inbox every day? Sign up here.

Happy Friday! Ever wondered what goes on at those massive real-estate conferences for people looking to grow (or start) their real-estate empire? Business Insider’s Kathleen Elkins spent a day at one, and the biggest takeaway had nothing to do with the actual housing market.?

In today's big story, forget the Trump trade. The biggest returns might be on the Musk trade.?

What’s on deck

Markets: PE would like to be a big part of your 401(k), but it might need some help from President Trump.

Tech: As talk of data center regulation ramps up, Big Tech is turning to the lobbyists.?

Business: IRS probationary employees are next on the chopping block.

Top headlines:

• Florida takes aim at Target's 2023 Pride collection in a lawsuit over the retailer's DEI initiatives.
• Hundreds of EPA employees were fired. Then some were told that it was a mistake.?
• Legal experts weigh in on Delta's $30,000 'no strings attached' payment to passengers after crash-landing incident.?
• Trump and Musk say they want to make sure the Fort Knox gold is still there: 'Maybe it's there, maybe it's not.'
• Meta takes aim at the black market for Instagram accounts and services in two new lawsuits.
• DOGE savings estimates fall by $9 billion in 48 hours.

Curated by Dan DeFrancesco, Grace Lett, Ella Hopkins, Hallam Bullock, Amanda Yen, and Elizabeth Casolo.

This is a shorter version of our flagship newsletter, which brings you in-depth analysis and summaries of the top stories from Wall Street to Silicon Valley.

Sign up here to get the full Business Insider Today in your inbox every day.