The US May Have Shot Down a Small Hobby Balloon With a Sidewinder Missile

Pakistan Declares 'All-Out War' Against Afghanistan, Hundreds Dead In Overnight Clashes With Taliban Overnight, Pakistan launched airstrikes across Afghanistan, including targets in the capital of Kabul, soon after which Pakistan's Defense Minister Khawaja Asif by Friday morning declared an "all-out war" between the two countries. Hours prior to the commencement of airstrikes and heavier clashes, Afghan Taliban forces reportedly attacked Pakistani border troops Thursday night in retaliation for Pakistani airstrikes earlier in the week. A Pakistani military spokesman has said that 274 Taliban fighters have been killed and more than 400 injured...

401(k) Hardship Withdrawals Hit Record High The AI bubble and data center buildout have helped catapult equity markets to new highs (pre-Middle East conflict), minting a record number of 401(k) millionaires. However, beneath the surface, hardship withdrawals from 401(k) plans have also climbed to a record, reinforcing the view that the K-shaped economy is becoming more entrenched. Vanguard's How America Saves 2025 report shows that hardship withdrawal activity "increased to a new high" of 6% in 2025, up from 4.8% in 2024 and about 2% before the pandemic. The increase marks the...

Anduril Lands $20 Billion Pentagon Contract For "Modern Battlefield" Hardware Nine days after Axios reported that Palmer Luckey's Anduril was raising around $4 billion at a $60 billion valuation led by a16z and Thrive Capital, Luckey landed a major enterprise contract with the US Army worth up to $20 billion over 10 years.  Photo: Kyle Grillot/Bloomberg via Getty Images Announced on Friday, the deal features a five-year base period with an option to extend for another five years - and includes over 120 separate procurement actions into a single agreement which covers the full range of...