US Bombs Somalia for 75th Time This Year

Florida's 'Alligator Alcatraz' To Permanently Close, Gov. DeSantis Says Authored by Jill McLaughlin via The Epoch Times, Florida permanently closed the temporary illegal immigrant holding center “Alligator Alcatraz” June 25 after transferring federal detainees to other facilities, Gov. Ron DeSantis announced. “Alligator Alcatraz now has zero detainees,” DeSantis told reporters at a press conference outside the facility at the Dade-Collier Training and Transition Airport in the Florida Everglades, about 50 miles west of Miami. “It has helped remove many, many dangerous people from the street and get them out not only the state...

Solid 5Y Auction Despite 12th Consecutive Tail, Thanks To Stellar Foreign Demand After a mediocre 2Y auction on Tuesday, moments ago the Treasury sold the week's second coupon auction when it auctioned off $70BN in 5Y paper to solid demand, some superficial weakness notwithstanding.  The auction stopped at a high yield of 4.182%, up from 3.955% in April and the highest yield since Jan 2025. The auction also tailed the 4.181% When Issued by 0.1bp, which was the 12th consecutive tailing auction for the tenor, the longest stretch on record. The bid...

Hegseth Announces New Mandatory Military Testosterone Tests Authored by Jack Phillips via The Epoch Times, Department of War Secretary Pete Hegseth on Wednesday announced a measure to screen U.S. armed forces members’ testosterone levels and offer therapy as a way to optimize the military’s performance. “While we invest heavily in our weapon systems, platforms, and gear, our most decisive tactical advantage will always be the individual warfighter,” Hegseth said in a video, titled, “The High-T Department of War,” released on X. “We have a sacred duty to maintain that advantage, which is why we...