Archegos 2.0? Star AI Investor's Fund Seeks Fresh Cash After Massive Levered Bets Blow Up

Why The Crash Was Delayed Authored by Robert Aro via Mises Institute, Whatever happened to the mother of all crashes that was supposed to arrive when the Federal Reserve began tightening its balance sheet back in 2022? For several years, I’ve been scratching my head, convinced that draining the balance sheet by trillions of dollars should have triggered a systemic banking failure or some other Black Swan event. In the past, crises like Lehman/AIG or the 2020 lockdowns took the blame, when in reality, the root cause was always monetary. From...

President Donald Trump’s son-in-law Jared Kushner traveled to Egypt to meet with top Hamas officials about the future of Gaza. Last month, President Trump announced a new plan to disarm Hamas that Israeli Prime Minister Benjamin Netanyahu rejected.  There were no immediate details available on the results of Sunday’s meeting between Kushner and Hamas’ Khalil […]

China Abruptly Blocks Meta's $2 Billion Takeover Deal Of Manus AI With just weeks to go before the Trump-Xi meeting in Beijing, China's National Development and Reform Commission unexpectedly blocked Meta Platforms' acquisition of the AI-agent startup Manus on Monday morning, signaling that Beijing has no problem with tightening control over high-value AI assets ahead of high-level talks. Bloomberg reports that China's NDRC has blocked Meta's $2 billion takeover of Manus, a Singapore-based AI-agent startup originally founded in China. Manus has been described as a general AI agent capable of automating...