The $300 Billion Wager: Inside The Private Fund At The Center Of The U.S.-Iran Framework

"Can Only Imagine What FCC Has To Say": Open Source Military Radar Plans Appear Online Someone on GitHub has built an open-source radar system capable of tracking multiple targets up to roughly 12 miles away, at a fraction of the cost that a major defense contractor would typically charge for a comparable system. AERIS-10 is an open-source phased-array radar system that demonstrates how advanced sensing technology has moved out of the defense-prime world and into civilian hands, with one person releasing all the design and development files on GitHub. The...

US Coast Guard Eliminates Race-Based Enlistment Preferences Authored by Naveen Athrappully via The Epoch Times, The U.S. Coast Guard has eliminated race-based preferential enlistment for college students who wish to join the service and commission as officers, the Department of Homeland Security (DHS) said in a May 29 statement. “The program in question, the College Student Pre-Commissioning Initiative (CSPI), includes a preference for students from educational institutions that meet certain quotas for specifically identified racial groups in their student bodies,” DHS said. “Such requirements stand in stark contrast to the Trump Administration’s focus...

Mediocre 3Y Auction Tails Despite Solid Buyside Demand With markets thrown in turmoil following Trump's threat to restart war against Iran in retaliation for downing a US Apache helicopter, it wasn't clear how today's $58 billion 3 year auction would go. In the end, it wasn't great, or terrible: a little tail, but besides that all metrics were relatively solid.   The auction priced at a high yield of 4.192%, up from 3.965% in May and the highest yield since Feb '25. It tailed the When Issued 4.189% by 0.3bps, the...