Fannie Mae Set To Accept Crypto As Collateral For Home Loans For First Time

A Warning From France Authored by Jeffrey A. Tucker via The Epoch Times, The chaos in the streets of France has a familiar ring to Americans who watched several cities burn in the summer of 2020. What started as "mostly peaceful" protests were quickly hijacked by chaos actors who whipped up excitable populations into a looting and pillaging frenzy, resulting in police crackdowns in the best cases but utter destruction in the worst cases. The metaphor of the powder keg is one that is often invoked here. In the U.S. case, we...

Hormuz Disruptions Could Drag Into Next Year, Japanese Tanker Giant Warns Submitted by Tsvetana Paraskova of OilPrice.com, Japan’s Mitsui OSK Lines, the world’s largest tanker operator, expects the shipping disruptions at the Strait of Hormuz to continue for longer than previously expected, with no normalization by the end of the year, due to this week’s re-escalation of hostilities. “Given the current situation, it’s difficult to see operations resuming in any form by the end of the year,” Mitsui OSK Lines’ chief executive Jotaro Tamura told Bloomberg in an interview published on Thursday. In...

Will AI Trigger The Next Great Depression? Authored by Michael Lebowitz via RealInvestmentAdvice.com, Our article title is certainly scary. The question we pose has become a hot topic following the release of “The 2028 Global Intelligence Crisis,” by Citrini Research. While evaluating the impact of AI on the labor market is complex, we can distill both optimistic and pessimistic views into two straightforward questions. Will AI bring about an era of unmatched prosperity and productivity, freeing workers from monotonous tasks, revitalizing old industries, and creating new and unimaginable ones? Or will AI displace many...