The Fourth Turning Is Here: The Old Order Is Breaking Down

Bitcoin Tops $72k After Largest Single-Day Crypto Short Liquidation In History Bitcoin surpassed $70,000 for the first time in over two months, propelled by US Treasury Secretary Scott Bessent’s 'Operation Twist'-like move pushing US bond yields (and the dollar) lower followed by a high-stakes meeting President Trump held with crypto industry leaders. “When yields drop and the dollar weakens, risk assets tend to rally, and we’ve already seen Bitcoin move higher on the news,” said Jeff Mei, chief operating officer at BTSE. This morning, bitcoin has extended those gains, tagging $72,000... And Ethereum...

'Alligator Alcatraz' Can Continue Operating, Appeals Court Says Authored by Troy Myers via The Epoch Times, A federal appeals court on Tuesday pulled a judge’s previous order to dismantle the high-profile detention center in the Florida Everglades for illegal immigrants, known as “Alligator Alcatraz.” In a 2–1 ruling, the U.S. Court of Appeals for the 11th Circuit sided with the Trump administration’s argument that there was minimal federal involvement in the facility’s construction, so a federal environmental review was not warranted. “Using state employees and state funds, Florida officials, on their own initiative,...

Berkshire's Post-Buffett Era Gets Off To Rocky Start As AI Bets Stumble With Warren Buffett gone for not even a year, Berkshire Hathaway is already facing questions over its investment decisions. Under new CEO Greg Abel, the conglomerate has made a multibillion-dollar push into artificial intelligence, only to see some of its biggest bets stumble as enthusiasm for the technology fades, according to Bloomberg.In his first year at the helm, Abel has committed $10 billion to Google parent Alphabet and another $930 million to Italian technology group Bending Spoons, marking...