Yes, the Latest Bank Bailout Is Really a Bailout, and You Are Paying for It.

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...

Florida Passes Voter ID Bill Modeled After SAVE Act Authored by Jill McLaughlin via The Epoch Times, The Florida Legislature passed new election legislation modeled after President Donald Trump’s proposed SAVE America Act. House Bill 991, sponsored by state Rep. Jenna Persons-Mulicka, passed along party lines by a vote of 83 to 31. “We are the Election Integrity State!” Persons-Mulicka wrote on X after the vote. Sponsors of the bill moved the effective date to appease critics who feared the new identification requirements would discourage some voters from participating in midterm elections. The new...

Mexican Resort Towns Burn As Special Forces Kill Jalisco New Generation Cartel Boss "El Mencho" Update (1656): Mexico's Ministry of Defense announced on X that a military operation targeting the Jalisco New Generation Cartel (CJNG) in the Tapalpa area resulted in the death of cartel leader Nemesio "Mencho" Oseguera. According to the statement, troops came under attack and returned fire "in defense of their integrity," leaving four CJNG members dead at the incident area and three others critically wounded. The ministry stated that those three later died during a medevac transfer...