Why Mises’s Theory of Economic Calculation Still Is Relevant Today

Yen Tumbles After Japan's PM Voices Concerns About Further Rate Hikes To BOJ The yen was already sliding on Monday after Nikkei Asia reported that the sharp swing we saw in USDJPY in January was initiated by FX intervention from US Treasury Secretary Bessent not Tokyo, even if Washington, D.C. is open to coordinated forex moves if requested by Japan. FX traders took this as evidence that, contrary to previous conventional wisdom, Japanese authorities were prepared to allow the USDJPY to continue climbing on Jan. 23 and it was only...

US Offers $10 Million For Capture Of Sinaloa Cartel Boss Brothers Following the Mexican Army Special Forces' decapitation strike against the Jalisco New Generation Cartel (CJNG) by killing Nemesio "El Mencho" Oseguera Cervantes - and, as we now know, with U.S. intelligence aiding the operation - the ongoing dismantling of the Mexican cartel command and control networks appears to be moving full steam ahead. On Thursday, the State Department issued a release stating that the U.S. government would offer $10 million for the capture of two alleged Sinaloa Cartel bosses in...

Are You Being Watched By Smart Glasses? Here's How To Check Meta's Ray-Bans are seeing growing adoption among everyday consumers, highlighting an affordability sweet spot for AI-powered wearables as Apple is expected to enter the space with its own smart glasses following its failed Vision Pro launch. Yet, as AI-powered glasses gain popularity, they introduce new privacy and security concerns, with one smartphone app emerging as an early countermeasure. As first reported by tech blog 404 Media, the new smartphone app Nearby Glasses scans the Bluetooth signature emitted by smart glasses...