What The Hell Is Wrong With Modern Parents?

OpenAI Snaps Up TBPN, Slashes ChatGPT Pricing As Secondary Market Interest Fades Update (1400ET): In a surprise move, OpenAI has acquired TBPN (Technology Business Programming Network), the influential daily technology talk show and media platform hosted by John Coogan and Jordi Hays. TBPN has become one of Silicon Valley’s most-watched programs for real-time tech news, M&A rumors, high-profile executive interviews, and AI developments - often described as “SportsCenter for the tech industry.” The deal gives OpenAI a powerful owned-media channel to directly reach and engage the tech community while accelerating global...

Bitcoin-Gold Correlation Hits Six-Year High As Debasement Fears Mount Authored by Mathew Di Salvo via BitcoinMagazine.com, Bitcoin’s correlation with gold is at its highest in six years as investors increasingly look for ways to hedge against currency debasement.  That’s according to a new report from Bitwise, which this week pointed out that the precious metal and leading cryptocurrency are trading in lockstep because the U.S. government has “materially intervened in the macro picture.”  Bitcoin started surging last month, after the U.S. Treasury Department said it would more than double the size of its government debt repurchases. The...

Here Comes QE Lite: Yields, Dollar Tumble, Gold Spikes After Treasury Unexpectedly Doubles Size Of Long-End Treasury Buybacks Over the past several years, one of the more amusing debates gripping the market's Fed-watchers was whether the Fed's treasury buyback auctions were a form of soft QE, with this website consistently arguing that - contrary to what washed out ex-Bridgewater traders with a newsletter to sell may tell you - Treasury buybacks were just that, to wit: *TREASURY SAYS IT'S EVALUATING ENHANCEMENTS TO BUYBACK PROGRAM "Not QE" — zerohedge (@zerohedge) April 30, 2025 And moments...