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Hawaii's 'Blood Quantum' Rule Deepens The State's Housing Crisis
Hawaii's 'Blood Quantum' Rule Deepens The State's Housing Crisis
Authored by Rachel Chiu via the Foundation for Economic Education (FEE)
Hawaiian residents are challenging ancestry-based housing restrictions in federal court. A pair of lawsuits filed in June and July takes aim at the Department of Hawaiian Home Lands, a state agency that reserves long-term homestead leases to individuals who meet the state’s “blood quantum” requirement.
To be eligible for a homestead lease—long-term, affordable leases for residential, agricultural, and pastoral purposes—an applicant must prove that he or she has 50 percent Native Hawaiian ancestry....
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Apr 14, 2026 / Tyler Durden
JPM Stock Fizzles Despite Blowout Quarter As Key Forecast Cut
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One day after Goldman Sachs reported its highest profit in 5 years (despite an ugly miss in FICC revenues), this morning JPMorgan impressed with just as solid results, when it reported that its Q1 profits rose 13% as the bank benefited from soaring market volatility and frantic trading amid the war with Iran and the US military operation in Venezuela.
The largest US bank reported net income of $16.5bn, beating analyst estimates of a $15.2bn print, up from $14.6bn a year...
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Mar 11, 2026 / Tyler Durden
JPMorgan Limits Lending To Private Credit Groups After Marking Down Loan Collateral
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The barrage of negative private credit news, now that the $1.8 trillion bubble has burst, is coming hot and heavy.
Following last night's report that Cliffwater, a private credit interval fund which according to Rubric Capital "is the canary in the coal mine and will be the first domino in the bank run” was the latest fund to be hit with 7% in investor redemptions (and unlike BlackRock, interval funds can not gate investors), this morning the FT reported that JPMorgan...
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Apr 7, 2026 / Tyler Durden
Kanye West Banned From UK: Wireless Festival Cancelled After Home Office Revokes Travel Authorization
Kanye West Banned From UK: Wireless Festival Cancelled After Home Office Revokes Travel Authorization
The UK Home Office has barred Kanye West (aka Ye) from entering the country, ruling that his presence “would not be conducive to the public good.” The decision, made hours after he received an initial Electronic Travel Authorisation (ETA) on Monday, has triggered the immediate and complete cancellation of Wireless Festival, where he was set to headline all three nights in July at Finsbury Park.
"The Home Office has withdrawn Ye’s ETA, denying him entry into the...
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