MSFT Soars On Big Azure Beat... But Backlog Stalls

"A Breakthrough": White House Says Strategic Bitcoin Reserve Announcement Is Imminent Authored by Micah Zimmerman via BitcoinMagazine.com, The White House is on the verge of a formal announcement on the U.S. Strategic Bitcoin Reserve — and the official leading the charge says the hard part is done. Patrick Witt, Executive Director of the President’s Council of Advisors for Digital Assets, told an interviewer this week that the administration has cleared a major legal hurdle in standing up the reserve.  “We’ll have an announcement,” Witt said. “I wish I could say more… It’s a breakthrough as far...

Germany's Rent Control Is Backfiring, New Study Of 107 Cities Finds Authored by Rainer Zitelmann via RealClearMarkets, Across Europe, the housing shortage is getting worse - and left-wing parties have discovered it as a central political issue. Recently, the far-left party DIE LINKE even won the elections in Berlin, the German capital, campaigning on a demand to nationalize large housing companies. In Spain, hundreds of thousands of people have demonstrated in favor of stricter regulations. But do such measures really help? We should learn from Germany's experience, where a form of rent control...