Even A 1% Bitcoin Allocation Can Drastically Reshape Portfolio Risk, Schwab Finds

Unitree IPO Finally Puts A Real Price On Profitable Humanoid Robots Chinese robotics maker Unitree formally launched its IPO on Shanghai's STAR Market on Thursday, opening the books on a deal that aims to raise about 4.2 billion yuan (roughly $618 million) at an implied valuation near 42 billion yuan ($5.9 billion). Once the shares start trading, the listing will put a real, daily market price on a profitable humanoid-robot maker operating at scale - the first the sector has had. Until now, humanoid robotics companies have been raising capital based...

"Threat Against American Interests": US Halts Michoacán Avocado Inspections, Putting Critical Supplies At Risk The US suspended avocado inspections in Mexico's Michoacán state after the US Embassy cited a "threat against American interests." Because Michoacán is Mexico's largest avocado-producing region and a top supplier to the US market, any prolonged suspension risks disrupting imports and driving supermarket prices sharply higher. Michoacán Gov. Alfredo Ramírez Bedolla said on social media that the temporary halt to inspections was intended to safeguard workers following recent arrests linked to extortion, according to AP News. Michoacán supplies...

America's Half-Trillion-Dollar Sewage Problem Authored by Autumn Spredemann via The Epoch Times (emphasis ours), Beneath city streets and suburban neighborhoods, a vast network of pipes and wastewater treatment systems is reaching the end of its life. This subterranean infrastructure is already suffering tens of thousands of failures per year, while exposing millions of Americans to contamination risks. Utilities, plumbing experts, and environmentalists warn that the scope of the problem has expanded rapidly in recent years. As of 2024, the Environmental Protection Agency (EPA) estimated that $630 billion in wastewater infrastructure investment would...