U.S. Drafts Ultimatum for Allies Joining China's AI Bloc

The State Is Coming For Your Roomba Authored by Thiago V. S. Coelho via The Mises Institute, The federal government has discovered another menace to the republic: the vacuum cleaner. In July, the Federal Communications Commission added foreign-produced "advanced robotic devices" to its Covered List, generally preventing new models from receiving the authorization needed to be imported, marketed, or sold in the United States. Although early headlines emphasized Chinese humanoid robots and mechanical dogs, Sean Hollister reported in The Verge that the rule also encompasses robotic vacuums, lawnmowers, delivery machines, and many...

69 Arrested In 'Operation Hands Down' Targeting Central California Gangs Authored by Cynthia Cai via The Epoch Times, Authorities announced dozens of arrests, drug and firearm seizures, and thousands of dollars in cash confiscated in a large-scale operation targeting gangs in California's Central Valley. Suspects arrested in Operation Hands Down. Fresno County Sheriff’s Office The multi-agency effort, dubbed Operation Hands Down, served 43 search warrants at various locations throughout the San Joaquin Valley, the California Department of Corrections and Rehabilitation (CDCR) stated in a June 10 press release. More than 500 law enforcement members...

Global Bond Market On Edge As Japanese Yields Soar After "Horrible" 10Y JGB Auction While much of the market focus has fallen on the US long-end, which saw substantial pressure in the past week, sending 30Y yields to 5.27%, the highest level since 2007, it was Japan again which stole the show overnight. But first, recall that the primary tradeoff for the BOJ preventing it from raising rates and comfortably pushing up the yen without needing to spending tens of billions in massive interventions (whether individual or joint with the...