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11:Te57,Peter Daszak's Smokescreen Attack on Dr. Bhattacharya Authored by Randall Bock via The Brownstone Institute,Peter Daszak’s recent X posts (June 2, 2025) labeling Dr. Jay Bhattacharya, the new NIH Director, an “anti-science Luddite” who is “destroying public health” are a masterclass in projection.Daszak, former head of EcoHealth Alliance (facilitator and co-conspirator of that recent pandemic, what was it called? Oh yes, SARS CoV-2 Covid-19), accuses Bhattacharya of having a “vendetta against the NIH” and claims his policies will cost lives, while pointing fingers at organizations like Brownstone Institute for being part of a right-wing conspiracy (how original!) to dismantle science. Let’s cut through the noise.Calling Bhattacharya anti-science is absurd. Erstwhile Stanford professor and co-author of the Great Barrington Declaration, Bhattacharya has consistently championed evidence-based public health, advocating for open scientific debate over dogmatic policies. His focus on data-driven approaches—like considering natural immunity and the harms of lockdowns—earned him censorship under the previous administration. His leadership at the NIH promises transparency and rigor, both of which seem to terrify Daszak—operating without (his previous sponsor) Dr. Fauci’s golden parachute of a Biden/autopen pardon.Now, let’s talk about Daszak’s version of “science.” EcoHealth Alliance, under his watch, funneled US. taxpayer dollars to the Wuhan Institute of Virology (WIV) for gain-of-function research on bat coronaviruses—research that may have contributed to the unleashing of the novel coronavirus in Wuhan. As I detailed in my Brownstone articles, Daszak’s collaboration with WIV’s “Bat Woman” Zhengli-Li Shi involved modifying coronaviruses to make them more infectious to humans, fitting the NIH’s own definition of gain-of-function despite his denials. That second article of mine only came about after EcoHealth Alliance’s bullying. When I had pointed out EcoHealth’s complicity in my original Dr. Anthony Fauci’s Own Gain-of-Function, Daszak’s minions tried to bully Brownstone into retracting the reference. When that failed, he blocked me on X to dodge accountability.How “science-y” is that? Blocking someone for raising legitimate questions about your role in a global pandemic isn’t the mark of a scientist—it’s the mark of someone with something to hide.Daszak’s attacks on Bhattacharya are a distraction from his own failures. Why were US funds sent to a CCP-controlled lab with poor oversight instead of trusted allies? Why the lack of transparency? These questions remain unanswered, and his attempts to silence critics—like me—only deepen the suspicion around EcoHealth’s actions.Science thrives on open debate, not censorship. Bhattacharya represents a return to that principle at the NIH, while Daszak’s behavior—blocking dissenters and evading tough questions—shows what anti-science really looks like. The public deserves better, and with Bhattacharya leading the NIH, we might finally get it.NEVER FORGET: Peter Daszak’s EcoHealth Alliance tried to quash and have Brownstone retract my: Dr. Anthony Fauci’s Own “Gain-of-Function”—October 9, 2023.Instead, I researched further, doubled down, and produced this: “EcoHealth Alliance’s Wuhan-Virus Dalliances” October 22, 2023.After which, crickets...Peter Daszak blocked me on X.com. The essence of bullies is cowardice.Please see also my Fauci’s ‘DNA of Caring’ By Randall Bock, August 9, 2024, Brownstone.org.Republished from the author’s Substack Tyler DurdenThu, 06/05/2025 - 22:3512:T18d5,U.S. President Donald Trump said Thursday he had a “very good call” with his Chinese counterpart Xi Jinping, which focused “almost entirely” on trade. The relationship between Trump and Tesla CEO Elon Musk splintered Thursday as both criticized each other publicly. U.S. stocks fell Thursday, weighed down by Tesla shares tanking. Microsoft’s stocks, however, climbed 0.8% to hit a record. The Reserve Bank of India lowered its benchmark policy rate to 5.5% from 6%, the lowest level since August 2022. Shares of Circle Internet Group soared 168% on Thursday after in their first day of trading. Investors should be rooting for a May jobs report that is neither too hot nor cold, according to a JPMorgan trading desk note.Nathan Howard | ReutersU.S. President Donald Trump and Elon Musk attend a press event in the Oval Office of the White House in Washington, D.C., U.S., May 30, 2025. Developments from the White House are growing more exciting and unpredictable than those 1,000-episode Asian drama serials.On Thursday, “So much for being Mr. NICE GUY” Donald Trump reverted to being a nice guy and had a “very good call,” in his words, with Chinese president Xi Jinping over trade issues. Following the call, Trump said that officials from both countries will meet to negotiate further. Trump had previously described the process of reaching an agreement with Xi as “extremely hard,” while Treasury Secretary Scott Bessent said that talks between the U.S. and China are “a bit stalled,” which makes the positive outcome of the call even more of a breakthrough.But Trump’s no longer playing nice with Elon Musk. Just last Friday, the U.S. president at a farewell ceremony to Musk’s role at DOGE called the latter “terrific” and said “he will, always, be with us.” Starting from the weekend, however, Musk began blasting Trump’s “big, beautiful bill,” which on Thursday culminated in a public spat between the former compatriots in the White House. Trump acknowledged Thursday that “Elon and I had a great relationship” — note the use of the past tense — but he doesn’t know “if we will anymore.” Unlike the twists and turns of a television series, however, the White House’s relationships with others — a drama equally or more entertaining than fiction to some — have concrete effects on the economy and markets. Tesla’s shares, for instance, tanked 14% after its CEO feuded with the U.S. President. A viewer cannot be completely absorbed, lest, in losing themselves in the spectacle, they lose their investments as well.What you need to know todayUgly spat between Trump and Musk U.S. President Donald Trump on Thursday called Tesla CEO Elon Musk “CRAZY” and threatened to cut his companies’ government contracts as the two men feuded over a major tax bill. In response, Musk said Space X will begin decommissioning its Dragon spacecraft “immediately.” “Without me, Trump would have lost the election,” Musk added later. Shares of Tesla sank more than 14% and shed $152 billion in value from the electric vehicle maker.Trump talks to Xi on tradeTrump and his Chinese counterpart Xi Jinping on Thursday had a “very good call” for about 90 minutes which focused “almost entirely” on trade, Trump wrote on Truth Social. He added that U.S. and China officials will meet soon for more talks to resolve an ongoing trade war. Beijing’s Ministry of Foreign Affairs and China’s embassy in the U.S. said earlier Thursday that Trump had requested the call with Xi.U.S. markets dragged down by TeslaU.S. stocks fell Thursday, weighed down by Tesla shares tanking. The S&P 500 retreated 0.53%, the Dow Jones Industrial Average lost 0.25% and the Nasdaq Composite lost 0.83%. But Microsoft’s stocks climbed 0.8% to hit a record and reclaim the title of the world’s largest company by market capitalization. Asia-Pacific markets were mixed Friday. India’s Nifty 50 was up by 0.95% at 1:45 p.m. in Singapore after the country’s central bank slashed interest rates. Hong Kong’s Hang Seng Index, however, slipped 0.4%.India’s central bank delivers outsized cutThe Reserve Bank of India lowered its benchmark policy rate to 5.5% from 6%, the lowest level since August 2022. Economists polled by Reuters had expected the bank to reduce rates by 25 basis points. The decision comes India reported better-than-expected gross domestic product growth in its fiscal fourth quarter. However, the RBI held its full-year GDP estimate at 6.5%, marking a sharp slowdown from the 9.2% seen in the previous financial year.Circle shares pop after IPOShares of Circle Internet Group soared 168% on Thursday after the stablecoin company and its selling shareholders raised almost $1.1 billion in an initial public offering. The stock opened at $69 on the New York Stock Exchange after its IPO priced at $31. At one point, shares traded as high as $103.75. Circle joins Coinbase, Mara Holdings and Riot Platforms as one of the few pure-play crypto companies to list in America.[PRO] Tariffs might benefit LSEThe London Stock Exchange has struggled to entice companies looking to go public — but some market watchers say a tariffs-driven diversification away from the U.S. could help the U.K. win back a greater share of the IPO market.And finally...Nathan Howard | ReutersU.S. President Donald Trump and Elon Musk attend a press event in the Oval Office of the White House in Washington, D.C., U.S., May 30, 2025. Trump and Musk feud draws reactions from billionaires, politicians and pundits. Here’s who said whatTrump and Musk seemed inseparable not so long ago: attending events together, doing joint interviews and showering praises on each other. All that changed overnight.Billionaire Bill Ackman on Thursday urged Trump and Musk to stop fighting. The two men should “make peace for the benefit of our great country,” Ackman said on X.Tesla bull Ross Gerber, head of Gerber Kawasaki Wealth and Investment Management, had harsh words for Musk in a series of X posts, stating that Elon was “now attacking all the people he helped put in power.” Others in Trump’s orbit, such as former senior Trump advisor Steve Bannon, who has clashed with Musk in recent months, were also critical of Musk, saying that Trump should sign an executive order to take control of SpaceX.13:T63e,President Donald Trump lashed out at Elon Musk as their feud rapidly ramped up. Trump called Musk “CRAZY” and suggested that he may target the Tesla CEO’s government contracts.President Donald Trump on Thursday lashed out at Elon Musk as their feud rapidly ramped up, calling him “CRAZY” and suggesting that he may terminate the Tesla CEO’s government contracts.Trump in a bitter Truth Social post wrote that Musk was “wearing thin” by the end of his tenure leading the president’s Department of Government Efficiency, or DOGE.“I asked him to leave,” Trump claimed.The angry swipe came after Musk blasted the president amid an escalating clash that stemmed from the mega-billionaire’s vocal opposition to Trump’s massive tax-cut bill.Trump earlier Thursday said Musk was “upset” that the budget package cuts electric vehicle credits.“I took away his EV Mandate that forced everyone to buy Electric Cars that nobody else wanted (that he knew for months I was going to do!), and he just went CRAZY!” Trump wrote in the post.Musk has aggressively trashed the bill on the grounds that it will add trillions of dollars to the nation’s deficits. He is actively urging Senate Republicans to “kill the bill,” which comprises a huge swath of Trump’s domestic agenda.The president wrote in a second Truth Social post, “The easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate Elon’s Governmental Subsidies and Contracts. I was always surprised that Biden didn’t do it!” This is breaking news. Please refresh for updates.14:T4b8,Toronto, June 05, 2025 (GLOBE NEWSWIRE) -- The Ontario Confederation of University Faculty Associations (OCUFA) voiced grave concerns about legislation introduced in the Ontario legislature to update governance rules for colleges and universities. While OCUFA supports necessary "housekeeping" efforts like ensuring gender-inclusive language, the organization highlights significant worries about governmental interference in university autonomy."We support inclusive policy updates," stated OCUFA President Nigmendra Narain. "However, government interference runs counter to university autonomy. Our faculty and academic librarians are the academic experts best suited to guide their institutions' priorities, not external political directives."OCUFA emphasizes the crucial distinctions between colleges and universities, particularly in governance."Minister Quinn's call for 'consistent and transparent' governance across the system suggests a one-size-fits-all approach that ignores fundamental differences," said OCUFA Executive Director Jenny Ahn. "Universities operate on the principle of shared academic leadership between Senates (composed of faculty, academic ...Full story available on Benzinga.com15:T63e,President Donald Trump lashed out at Elon Musk as their feud rapidly ramped up. Trump called Musk “CRAZY” and suggested that he may target the Tesla CEO’s government contracts.President Donald Trump on Thursday lashed out at Elon Musk as their feud rapidly ramped up, calling him “CRAZY” and suggesting that he may terminate the Tesla CEO’s government contracts.Trump in a bitter Truth Social post wrote that Musk was “wearing thin” by the end of his tenure leading the president’s Department of Government Efficiency, or DOGE.“I asked him to leave,” Trump claimed.The angry swipe came after Musk blasted the president amid an escalating clash that stemmed from the mega-billionaire’s vocal opposition to Trump’s massive tax-cut bill.Trump earlier Thursday said Musk was “upset” that the budget package cuts electric vehicle credits.“I took away his EV Mandate that forced everyone to buy Electric Cars that nobody else wanted (that he knew for months I was going to do!), and he just went CRAZY!” Trump wrote in the post.Musk has aggressively trashed the bill on the grounds that it will add trillions of dollars to the nation’s deficits. He is actively urging Senate Republicans to “kill the bill,” which comprises a huge swath of Trump’s domestic agenda.The president wrote in a second Truth Social post, “The easiest way to save money in our Budget, Billions and Billions of Dollars, is to terminate Elon’s Governmental Subsidies and Contracts. I was always surprised that Biden didn’t do it!” This is breaking news. Please refresh for updates.16:T4a9,Leading cryptocurrencies slipped Tuesday after weak private-sector job growth dampened investor sentiment.CryptocurrencyGains +/-Price (Recorded at 9:30 p.m. ET)Bitcoin (CRYPTO: BTC)-0.68%$105,032.58Ethereum (CRYPTO: ETH) -0.27%$2,610.06Dogecoin (CRYPTO: DOGE) -2.64%$0.1882What Happened: Bitcoin dipped to an intraday low of $104,232.70 in early trading hours and fluctuated between the low $105,000s and high $104,000s for the rest of the day.Ethereum surged to $2,670 but failed to sustain the rally, retreating to the early-$2,600 region. Compared to Bitcoin, the second-largest cryptocurrency recorded higher trading volumes during the day.These moves led to the liquidation of nearly $150 million worth of bullish bets, while $64 million in shorts were erased. That said, about $492 million in Bitcoin shorts were at the risk of liquidation if Bitcoin reclaims $107,000.Bitcoin's Open Interest declined by 0.47% in the last 24 hours, matching the fall in its spot price. Interestingly, the majority of the top traders on Binance with open BTC positions placed bullish bets on the apex cryptocurrency.The "Greed" sentiment weakened from 62 to 57 in ...Full story available on Benzinga.com17:T425,On Wednesday, Anthony Scaramucci, founder and CEO of SkyBridge Capital, praised Tesla Inc. (NASDAQ:TSLA) CEO Elon Musk for his transformative impact on humanity through his companies, urging the political left to reconsider their stance on the billionaire entrepreneur.What Happened: Scaramucci highlighted Musk's contributions across multiple industries, from Tesla’s electric vehicles revolutionizing the auto industry to SpaceX making humanity's interplanetary ambitions a reality. Musk is catalyzing the EV revolution with Tesla, extending the healthy life of Earth, Scaramucci posted.He also pointed to the billionaire's focus on "responsible AI development" with xAI and advancements in healthcare with Neuralink, which is empowering paralyzed patients.See Also: Mark Zuckerberg Warns Of ‘Serious Disadvantage’ As China’s Data-Center Blitz Could Let DeepSeek Leapfrog US AI Labs"The left should focus on why it lost Elon, rather than demonizing him," Scaramucci stated.With @elonmusk back in private sector, ...Full story available on Benzinga.com18:T15bb,VANCOUVER, BC, June 4, 2025 /CNW/ - The government is acting to protect Canada's nature, biodiversity and water. Southern Resident killer whales are iconic to Canada's Pacific coast and hold deep cultural significance for Indigenous Peoples and coastal communities in British Columbia.That's why today, the Minister of Transport and Internal Trade, the Honourable Chrystia Freeland, the Minister of Fisheries, the Honourable Joanne Thompson, and the Minister of Environment and Climate Change Canada, the Honourable Julie Dabrusin, announced measures to protect Southern Resident killer whales on the west coast.These measures will primarily address acoustic and physical disturbance to Southern Resident killer whales from recreational, fishing, and whale watching vessels.The 2025 vessel and fishery measures include: Two mandatory speed restricted zones near Swiftsure Bank, effective June 1 to November 30, 2025.Two vessel restricted zones off Pender and Saturna Islands, effective June 1 to November 30, 2025.The continued requirement for vessels to stay at least 400 metres away from all killer whales, and a prohibition from impeding the path of all killer whales in Southern British Columbia coastal waters between Campbell River and Ucluelet, including Barkley and Howe Sound. This is now in effect until May 31, 2026.A voluntary speed reduction zone in Tumbo Channel, off the North side of Saturna Island, effective June 1 to November 30, 2025.An agreement with authorized local whale watching and ecotourism industry partners to abstain from offering or promoting tours viewing Southern Resident killer whales.Fishery closures for commercial and recreational salmon fisheries in key Southern Resident killer whale foraging areas.Continued actions to reduce contaminants in the environment affecting whales and their prey, including developing tools to track pollutants and their sources and monitoring contaminants in air, freshwater, sediments, and wastewater.Fisheries and Oceans Canada proposes to increase the approach distance to 1,000 metres for Southern Resident killer whales through amendments to the Marine Mammal Regulations under the Fisheries Act.The federal government will continue its ongoing efforts and long-term actions alongside all partners, including First Nations, stakeholders, and the marine and tourism industries to support the protection and recovery of the Southern Resident killer whale population.Quotes"Southern Resident killer whales need our help. That's why for the seventh straight year, the Government of Canada is taking concrete action with our partners to create a quieter, safer environment for this iconic, vulnerable species." The Honourable Chrystia FreelandMinister of Transport and Internal Trade"Canada remains committed to protecting Southern Resident killer whales, working alongside partners to aid in their recovery while supporting sustainable economic growth in the waters they inhabit. These efforts respect their cultural significance to Pacific coastal communities and Indigenous Peoples and their vital role in the marine ecosystem."The Honourable Joanne ThompsonMinister of Fisheries"Nature is part of our very identity as Canadians. This new government is committed to conserving more nature and biodiversity than ever before. The survival of Southern Resident killer whales is at risk if we don't act. These new measures will help identify and assess sources of contaminants that affect the whales and their food supply, so we can better protect this iconic mammal that is part of Canada's natural heritage."The Honourable Julie DabrusinMinister of Environment and Climate ChangeQuick factsCanada's Oceans Protection Plan, Whales Initiative, and an additional federal investment of $61.5 million are supporting the recovery of Southern Resident killer whales, North Atlantic right whales, and St. Lawrence Estuary belugas by implementing protection measures, increasing research, continuing monitoring activities, and taking action to address key threats.In May 2024, the Government of Canada renewed A Species at Risk Act Section 11 Conservation Agreement to Support the Recovery of the Southern Resident Killer Whale with the Vancouver Fraser Port Authority and industry partners for five years. This formalizes the role of the ECHO Program and partners in developing and implementing voluntary threat reduction measures to support the endangered Southern Resident killer whales.Transport Canada works in partnership with Fisheries and Oceans Canada, the Canadian Coast Guard, and Parks Canada to enforce the Interim Order for Southern Resident killer whales in the waters off Southern British Columbia.2024 represented the strongest year of enforcement to date.In fact, Transport Canada's enforcement efforts nearly doubled in 2024 as compared to 2023 and financial penalties issued in 2024 will total more than all previous years combined.Since 2019, the TC Whale Enforcement Unit has issued 899 Whale Protection Advisories, 693 Warning Letters, and 147 Administrative Monetary Policies totaling over $200,000 in penalties.For the ninth year in a row, the Vancouver Fraser Port Authority-led Enhancing Cetacean and Habitat Observation (ECHO) Program will coordinate large-scale threat reduction measures off B.C.'s coast to support the recovery of endangered Southern Resident killer whales.New this year, the program has expanded its voluntary ship slowdown at Swiftsure Bank area to more effectively overlap with a "hot spot" of Southern Resident ...Full story available on Benzinga.com19:T8fd,Trump To Use Emergency Powers To Boost US Critical Minerals Industry By Charles Kennedy of Oilprice.comIn a bid to wean the U.S. critical minerals supply chain off China, U.S. President Donald Trump plans to use emergency powers under the Defense Production Act to bolster domestic production and processing of these metals vital for the energy and defense industries, Reuters reports, citing a document to be published on Wednesday.The Defense Production Act is a U.S. law that grants the President powers to ensure the nation’s defense by expanding and expediting the supply of materials and services from the domestic industrial base.The White House is set to waive some legal requirements, including requirements for congressional approvals, to boost the U.S. critical minerals industry.In March, President Trump invoked emergency powers to increase U.S. critical minerals production in a bid to reduce reliance on “hostile foreign powers’ mineral production.”In an executive order, the U.S. President invoked the Defense Production Act (DPA), which is the main tool at a U.S. president’s disposal to shift economic activity toward national defense priorities.Rio Tinto's Sale Lake City, Utah Kennecott Copper Mine“The United States possesses vast mineral resources that can create jobs, fuel prosperity, and significantly reduce our reliance on foreign nations,” the executive order says.“The United States was once the world’s largest producer of lucrative minerals, but overbearing Federal regulation has eroded our Nation’s mineral production,” it adds.The Trump Administration has made American production and refining of critical minerals and rare earths a top priority and is pursuing minerals deals with various countries to get access to the supply of the elements essential to the manufacturing of everything from smartphones and electric cars to F-35 fighter jets.More so than the supply of raw minerals, the United States needs the refined products from these minerals that are ready to use in electronics, defense systems, and batteries.China holds a dominant global position in the supply of critical minerals and rare earths, but its grip on the value chain – minerals processing and magnet production – is even tighter. Tyler DurdenWed, 06/04/2025 - 22:351a:T1ea1,This is CNBC’s live blog covering Asia-Pacific markets.Asia-Pacific markets advanced Wednesday after Wall Street rose on the back of a tech rally, led by chipmaker Nvidia, with South Korean stocks leading gains.Shares in the artificial intelligence darling advanced nearly 3%, extending Monday’s gains and driving Nvidia’s market cap past Microsoft‘s for the first time since January. Chip companies Broadcom and Micron Technology rose more than 3% and 4%, respectively.South Korean markets rose as opposition party leader Lee Jae-myung won the presidential election. The Kospi index popped 2.43% to hit its highest level since August last year, while the small-cap Kosdaq advanced 1.39%.Lee’s “election pledge has placed considerable weight on enhancing the value of the Korean stock market,” John Cho, Korea equity portfolio manager at J.P. Morgan Asset Management, said in a note.His plan to amend the commercial law, which will broaden the legal duties of board members to include protecting the interests of minority shareholders, will “encourage boards to make fewer value-destructive decisions and more value-accretive ones,” Cho explained.Looking ahead, he expects the incoming South Korean government to adopt aggressive fiscal stimulus to revive the domestic economy while also “pragmatically” handling international trade matters.“We believe that the domestic economy is set to rebound from a low base in 2H 2024 / 1H 2025, and we continue to be positive on the globally competitive and uniquely positioned manufacturers, including HBMs [high bandwidth memory] for AI, health and beauty, and heavy industries,” Cho added in a Wednesday note.In Japan, the benchmark Nikkei 225 climbed 0.82%, while the broader Topix index rose 0.53%.Mainland China’s CSI 300 index moved up 0.52%, while Hong Kong’s Hang Seng Index added 0.72%Australia’s S&P/ASX 200 rose 0.77%. The country’s economy grew 1.3% year-on-year in the first quarter of 2025, lower than the estimated 1.5% growth among economists polled by Reuters. The latest reading was unchanged from the previous quarter’s 1.3% year-on-year growth.Meanwhile, India’s benchmark Nifty 50 advanced 0.15% while the BSE Sensex ticked up 0.11%.U.S. futures were little changed after Wall Street rose on a tech rally and a better-than-expected jobs report showing that the U.S.’ labor market is holding up despite concerns of risks stemming from tariffs.Overnight stateside, the broad-based S&P 500 index added 0.58% to close at 5,970.37, while the Dow Jones Industrial Average gained 214.16 points, or 0.51%, ending at 42,519.64. The Nasdaq Composite climbed 0.81% to settle at 19,398.96.The U.S. economic outlook “remains dimmed by tariffs, although the timing of the impact is now more delayed,” said Preston Caldwell, chief U.S. economist at Morningstar.“The deleterious demand-side impact from tariffs looks diminished for now, with financial conditions having improved and President Donald Trump evincing some willingness to respond to deteriorating economic conditions by pulling back on tariffs,” he wrote in a June 3 outlook report.The risk of recession in the U.S. now looks “closer to 25%,” rather than the 35% to 40% assessed in April, Caldwell said.— CNBC’s Lisa Kailai Han, Sean Conlon and Sarah Min contributed to this report.Spot gold edges up as trade tensions boost the safe-haven’s appeal Spot gold rose Wednesday after falling in the previous session, as concerns over global trade tensions fester.As of 12.32 p.m. Singapore time, prices of the yellow metal were up 0.24% at $3,359.87 per ounce.Bullion — which is considered a hedge against political and financial instability — had fallen 0.8% on Tuesday.— Amala BalakrishnerAustralian stocks rise above 8,500 threshold to near four-month highAustralian stocks rose past the key psychological 8,500 mark Wednesday, trailing gains in Wall Street and other Asia-Pacific markets.The 200-stock S&P/ASX 200 benchmark climbed 0.76% to 8,532.20 as at 12.57 p.m. Australian Eastern Standard Time, its highest level since Feb. 17.Gains were broad-based and were seen across the energy sector — which rose on increasing oil prices — as well as financials and mining sectors.Shares in Woodside Energy and Santos, two of Australia’s top oil and gas companies, increased 2.48% and 1%, respectively.Over in the financial sector, the big four banks were all trading higher — with shares in Westpac Banking up 2.25%, Commonwealth Bank up 1.21%, Macquarie Group up 1.03% and National Australia Bank up 0.86%.Shares in major miners also moved higher, with Rio Tinto moving up 0.31%, BHP Group adding 1.09% and Fortescue advancing 2.21%.— Amala BalakrishnerTaiwan shares surge over 2%Taiwan’s benchmark Taiex index surged 2.15% to hit 21,581.85 as of 11.10 a.m. local time, extending its gains for the second consecutive session.The advance was led by the technology, energy, and basic materials sectors, according to data from LSEG.The top three performers were Formosa Pharmaceuticals Inc, which advanced 10% and Hiltron Technologies and Jinan Acetate Chemical Co, which added 9.95% each.Meanwhile, shares of tech giants Taiwan Semiconductor Manufacturing Co and Hon Hai Precision Industry — known globally as Foxconn — were last seen trading 3.58% and 3.53% higher, respectively,2.64The iShares MSCI Taiwan ETF shows the index’s moves:— Amala BalakrishnerSouth Korean won strengthens following opposition leader’s election winThe South Korean won appreciated on Wednesday, following opposition party leader Lee Jae-myung’s victory in the country’s snap presidential election.As at 11.15 a.m. local time, the won had strengthened by 0.43% against the U.S. dollar to 1,371.80The move also comes alongside a slump in the U.S. dollar, following uncertainty on U.S. President Donald Trump’s upcoming tariff plans.The dollar index, which measures the U.S. currency against six major peers, was last seen down 0.05% to 99.181.Other Asian currencies fluctuated sharply on Wednesday.The Japanese yen gained 0.18% against the dollar to 143.91, while the Australian dollar slipped 0.05% against the greenback to 0.6464.Elsewhere in Southeast Asia, the Thai baht strengthened 0.09% against the dollar to 32.59, while the Singapore dollar shed 0.05% at 1.2898.— Amala BalakrishnerSouth Korean shares surge over 1% to its highest level in 10 months.South Korean stocks rallied Wednesday after opposition party leader Lee Jae-myung won the country’s snap presidential election.As of 9.40 a.m. local time, the Kospi index had popped 2.05% to 2,754.42, its highest level since Aug. 1 2024. The index has gained 14.57% since the start of the year.Meanwhile, the small-cap Kosdaq index was last seen trading 1.4% higher; it has risen 10.46% since the start of the year.Gains were broad-based across sectors, with strong moves seen in chipmaker SK Hynix, which rose 6.02%, SK Inc, which surged 5.63%, HD Hyundai, which gained 5.23% and Wori Financial Group, which advanced 4.92%.Among the index heavyweights, Samsung Electronics was last seen up 1.06%. Shares of battery maker LG Energy Solutions increased 1.23% while Samsung SDI moved up 0.58%.— Amala BalakrishnerSouth Korea’s inflation slows to its weakest in five monthsSouth Korea’s consumer price index for May fell 0.1% from the month before and slowed to 1.9% year-over-year, data released by Statistics Korea showed Wednesday.This marks its weakest pace of increase since December 2024 after rising 2.1% in April, and lower than the median forecast of 2.1% in a Reuters poll of economists.This follows the Bank of Korea’s decision to lower interest rates last week for the fourth time in its current easing cycle, to support an economic recovery clouded by U.S. tariffs.— Amala Balakrishner1b:T1ea1,This is CNBC’s live blog covering Asia-Pacific markets.Asia-Pacific markets advanced Wednesday after Wall Street rose on the back of a tech rally, led by chipmaker Nvidia, with South Korean stocks leading gains.Shares in the artificial intelligence darling advanced nearly 3%, extending Monday’s gains and driving Nvidia’s market cap past Microsoft‘s for the first time since January. Chip companies Broadcom and Micron Technology rose more than 3% and 4%, respectively.South Korean markets rose as opposition party leader Lee Jae-myung won the presidential election. The Kospi index popped 2.43% to hit its highest level since August last year, while the small-cap Kosdaq advanced 1.39%.Lee’s “election pledge has placed considerable weight on enhancing the value of the Korean stock market,” John Cho, Korea equity portfolio manager at J.P. Morgan Asset Management, said in a note.His plan to amend the commercial law, which will broaden the legal duties of board members to include protecting the interests of minority shareholders, will “encourage boards to make fewer value-destructive decisions and more value-accretive ones,” Cho explained.Looking ahead, he expects the incoming South Korean government to adopt aggressive fiscal stimulus to revive the domestic economy while also “pragmatically” handling international trade matters.“We believe that the domestic economy is set to rebound from a low base in 2H 2024 / 1H 2025, and we continue to be positive on the globally competitive and uniquely positioned manufacturers, including HBMs [high bandwidth memory] for AI, health and beauty, and heavy industries,” Cho added in a Wednesday note.In Japan, the benchmark Nikkei 225 climbed 0.82%, while the broader Topix index rose 0.53%.Mainland China’s CSI 300 index moved up 0.52%, while Hong Kong’s Hang Seng Index added 0.72%Australia’s S&P/ASX 200 rose 0.77%. The country’s economy grew 1.3% year-on-year in the first quarter of 2025, lower than the estimated 1.5% growth among economists polled by Reuters. The latest reading was unchanged from the previous quarter’s 1.3% year-on-year growth.Meanwhile, India’s benchmark Nifty 50 advanced 0.15% while the BSE Sensex ticked up 0.11%.U.S. futures were little changed after Wall Street rose on a tech rally and a better-than-expected jobs report showing that the U.S.’ labor market is holding up despite concerns of risks stemming from tariffs.Overnight stateside, the broad-based S&P 500 index added 0.58% to close at 5,970.37, while the Dow Jones Industrial Average gained 214.16 points, or 0.51%, ending at 42,519.64. The Nasdaq Composite climbed 0.81% to settle at 19,398.96.The U.S. economic outlook “remains dimmed by tariffs, although the timing of the impact is now more delayed,” said Preston Caldwell, chief U.S. economist at Morningstar.“The deleterious demand-side impact from tariffs looks diminished for now, with financial conditions having improved and President Donald Trump evincing some willingness to respond to deteriorating economic conditions by pulling back on tariffs,” he wrote in a June 3 outlook report.The risk of recession in the U.S. now looks “closer to 25%,” rather than the 35% to 40% assessed in April, Caldwell said.— CNBC’s Lisa Kailai Han, Sean Conlon and Sarah Min contributed to this report.Spot gold edges up as trade tensions boost the safe-haven’s appeal Spot gold rose Wednesday after falling in the previous session, as concerns over global trade tensions fester.As of 12.32 p.m. Singapore time, prices of the yellow metal were up 0.24% at $3,359.87 per ounce.Bullion — which is considered a hedge against political and financial instability — had fallen 0.8% on Tuesday.— Amala BalakrishnerAustralian stocks rise above 8,500 threshold to near four-month highAustralian stocks rose past the key psychological 8,500 mark Wednesday, trailing gains in Wall Street and other Asia-Pacific markets.The 200-stock S&P/ASX 200 benchmark climbed 0.76% to 8,532.20 as at 12.57 p.m. Australian Eastern Standard Time, its highest level since Feb. 17.Gains were broad-based and were seen across the energy sector — which rose on increasing oil prices — as well as financials and mining sectors.Shares in Woodside Energy and Santos, two of Australia’s top oil and gas companies, increased 2.48% and 1%, respectively.Over in the financial sector, the big four banks were all trading higher — with shares in Westpac Banking up 2.25%, Commonwealth Bank up 1.21%, Macquarie Group up 1.03% and National Australia Bank up 0.86%.Shares in major miners also moved higher, with Rio Tinto moving up 0.31%, BHP Group adding 1.09% and Fortescue advancing 2.21%.— Amala BalakrishnerTaiwan shares surge over 2%Taiwan’s benchmark Taiex index surged 2.15% to hit 21,581.85 as of 11.10 a.m. local time, extending its gains for the second consecutive session.The advance was led by the technology, energy, and basic materials sectors, according to data from LSEG.The top three performers were Formosa Pharmaceuticals Inc, which advanced 10% and Hiltron Technologies and Jinan Acetate Chemical Co, which added 9.95% each.Meanwhile, shares of tech giants Taiwan Semiconductor Manufacturing Co and Hon Hai Precision Industry — known globally as Foxconn — were last seen trading 3.58% and 3.53% higher, respectively,2.64The iShares MSCI Taiwan ETF shows the index’s moves:— Amala BalakrishnerSouth Korean won strengthens following opposition leader’s election winThe South Korean won appreciated on Wednesday, following opposition party leader Lee Jae-myung’s victory in the country’s snap presidential election.As at 11.15 a.m. local time, the won had strengthened by 0.43% against the U.S. dollar to 1,371.80The move also comes alongside a slump in the U.S. dollar, following uncertainty on U.S. President Donald Trump’s upcoming tariff plans.The dollar index, which measures the U.S. currency against six major peers, was last seen down 0.05% to 99.181.Other Asian currencies fluctuated sharply on Wednesday.The Japanese yen gained 0.18% against the dollar to 143.91, while the Australian dollar slipped 0.05% against the greenback to 0.6464.Elsewhere in Southeast Asia, the Thai baht strengthened 0.09% against the dollar to 32.59, while the Singapore dollar shed 0.05% at 1.2898.— Amala BalakrishnerSouth Korean shares surge over 1% to its highest level in 10 months.South Korean stocks rallied Wednesday after opposition party leader Lee Jae-myung won the country’s snap presidential election.As of 9.40 a.m. local time, the Kospi index had popped 2.05% to 2,754.42, its highest level since Aug. 1 2024. The index has gained 14.57% since the start of the year.Meanwhile, the small-cap Kosdaq index was last seen trading 1.4% higher; it has risen 10.46% since the start of the year.Gains were broad-based across sectors, with strong moves seen in chipmaker SK Hynix, which rose 6.02%, SK Inc, which surged 5.63%, HD Hyundai, which gained 5.23% and Wori Financial Group, which advanced 4.92%.Among the index heavyweights, Samsung Electronics was last seen up 1.06%. Shares of battery maker LG Energy Solutions increased 1.23% while Samsung SDI moved up 0.58%.— Amala BalakrishnerSouth Korea’s inflation slows to its weakest in five monthsSouth Korea’s consumer price index for May fell 0.1% from the month before and slowed to 1.9% year-over-year, data released by Statistics Korea showed Wednesday.This marks its weakest pace of increase since December 2024 after rising 2.1% in April, and lower than the median forecast of 2.1% in a Reuters poll of economists.This follows the Bank of Korea’s decision to lower interest rates last week for the fourth time in its current easing cycle, to support an economic recovery clouded by U.S. tariffs.— Amala Balakrishner1c:T1ea1,This is CNBC’s live blog covering Asia-Pacific markets.Asia-Pacific markets advanced Wednesday after Wall Street rose on the back of a tech rally, led by chipmaker Nvidia, with South Korean stocks leading gains.Shares in the artificial intelligence darling advanced nearly 3%, extending Monday’s gains and driving Nvidia’s market cap past Microsoft‘s for the first time since January. Chip companies Broadcom and Micron Technology rose more than 3% and 4%, respectively.South Korean markets rose as opposition party leader Lee Jae-myung won the presidential election. The Kospi index popped 2.43% to hit its highest level since August last year, while the small-cap Kosdaq advanced 1.39%.Lee’s “election pledge has placed considerable weight on enhancing the value of the Korean stock market,” John Cho, Korea equity portfolio manager at J.P. Morgan Asset Management, said in a note.His plan to amend the commercial law, which will broaden the legal duties of board members to include protecting the interests of minority shareholders, will “encourage boards to make fewer value-destructive decisions and more value-accretive ones,” Cho explained.Looking ahead, he expects the incoming South Korean government to adopt aggressive fiscal stimulus to revive the domestic economy while also “pragmatically” handling international trade matters.“We believe that the domestic economy is set to rebound from a low base in 2H 2024 / 1H 2025, and we continue to be positive on the globally competitive and uniquely positioned manufacturers, including HBMs [high bandwidth memory] for AI, health and beauty, and heavy industries,” Cho added in a Wednesday note.In Japan, the benchmark Nikkei 225 climbed 0.82%, while the broader Topix index rose 0.53%.Mainland China’s CSI 300 index moved up 0.52%, while Hong Kong’s Hang Seng Index added 0.72%Australia’s S&P/ASX 200 rose 0.77%. The country’s economy grew 1.3% year-on-year in the first quarter of 2025, lower than the estimated 1.5% growth among economists polled by Reuters. The latest reading was unchanged from the previous quarter’s 1.3% year-on-year growth.Meanwhile, India’s benchmark Nifty 50 advanced 0.15% while the BSE Sensex ticked up 0.11%.U.S. futures were little changed after Wall Street rose on a tech rally and a better-than-expected jobs report showing that the U.S.’ labor market is holding up despite concerns of risks stemming from tariffs.Overnight stateside, the broad-based S&P 500 index added 0.58% to close at 5,970.37, while the Dow Jones Industrial Average gained 214.16 points, or 0.51%, ending at 42,519.64. The Nasdaq Composite climbed 0.81% to settle at 19,398.96.The U.S. economic outlook “remains dimmed by tariffs, although the timing of the impact is now more delayed,” said Preston Caldwell, chief U.S. economist at Morningstar.“The deleterious demand-side impact from tariffs looks diminished for now, with financial conditions having improved and President Donald Trump evincing some willingness to respond to deteriorating economic conditions by pulling back on tariffs,” he wrote in a June 3 outlook report.The risk of recession in the U.S. now looks “closer to 25%,” rather than the 35% to 40% assessed in April, Caldwell said.— CNBC’s Lisa Kailai Han, Sean Conlon and Sarah Min contributed to this report.Spot gold edges up as trade tensions boost the safe-haven’s appeal Spot gold rose Wednesday after falling in the previous session, as concerns over global trade tensions fester.As of 12.32 p.m. Singapore time, prices of the yellow metal were up 0.24% at $3,359.87 per ounce.Bullion — which is considered a hedge against political and financial instability — had fallen 0.8% on Tuesday.— Amala BalakrishnerAustralian stocks rise above 8,500 threshold to near four-month highAustralian stocks rose past the key psychological 8,500 mark Wednesday, trailing gains in Wall Street and other Asia-Pacific markets.The 200-stock S&P/ASX 200 benchmark climbed 0.76% to 8,532.20 as at 12.57 p.m. Australian Eastern Standard Time, its highest level since Feb. 17.Gains were broad-based and were seen across the energy sector — which rose on increasing oil prices — as well as financials and mining sectors.Shares in Woodside Energy and Santos, two of Australia’s top oil and gas companies, increased 2.48% and 1%, respectively.Over in the financial sector, the big four banks were all trading higher — with shares in Westpac Banking up 2.25%, Commonwealth Bank up 1.21%, Macquarie Group up 1.03% and National Australia Bank up 0.86%.Shares in major miners also moved higher, with Rio Tinto moving up 0.31%, BHP Group adding 1.09% and Fortescue advancing 2.21%.— Amala BalakrishnerTaiwan shares surge over 2%Taiwan’s benchmark Taiex index surged 2.15% to hit 21,581.85 as of 11.10 a.m. local time, extending its gains for the second consecutive session.The advance was led by the technology, energy, and basic materials sectors, according to data from LSEG.The top three performers were Formosa Pharmaceuticals Inc, which advanced 10% and Hiltron Technologies and Jinan Acetate Chemical Co, which added 9.95% each.Meanwhile, shares of tech giants Taiwan Semiconductor Manufacturing Co and Hon Hai Precision Industry — known globally as Foxconn — were last seen trading 3.58% and 3.53% higher, respectively,2.64The iShares MSCI Taiwan ETF shows the index’s moves:— Amala BalakrishnerSouth Korean won strengthens following opposition leader’s election winThe South Korean won appreciated on Wednesday, following opposition party leader Lee Jae-myung’s victory in the country’s snap presidential election.As at 11.15 a.m. local time, the won had strengthened by 0.43% against the U.S. dollar to 1,371.80The move also comes alongside a slump in the U.S. dollar, following uncertainty on U.S. President Donald Trump’s upcoming tariff plans.The dollar index, which measures the U.S. currency against six major peers, was last seen down 0.05% to 99.181.Other Asian currencies fluctuated sharply on Wednesday.The Japanese yen gained 0.18% against the dollar to 143.91, while the Australian dollar slipped 0.05% against the greenback to 0.6464.Elsewhere in Southeast Asia, the Thai baht strengthened 0.09% against the dollar to 32.59, while the Singapore dollar shed 0.05% at 1.2898.— Amala BalakrishnerSouth Korean shares surge over 1% to its highest level in 10 months.South Korean stocks rallied Wednesday after opposition party leader Lee Jae-myung won the country’s snap presidential election.As of 9.40 a.m. local time, the Kospi index had popped 2.05% to 2,754.42, its highest level since Aug. 1 2024. The index has gained 14.57% since the start of the year.Meanwhile, the small-cap Kosdaq index was last seen trading 1.4% higher; it has risen 10.46% since the start of the year.Gains were broad-based across sectors, with strong moves seen in chipmaker SK Hynix, which rose 6.02%, SK Inc, which surged 5.63%, HD Hyundai, which gained 5.23% and Wori Financial Group, which advanced 4.92%.Among the index heavyweights, Samsung Electronics was last seen up 1.06%. Shares of battery maker LG Energy Solutions increased 1.23% while Samsung SDI moved up 0.58%.— Amala BalakrishnerSouth Korea’s inflation slows to its weakest in five monthsSouth Korea’s consumer price index for May fell 0.1% from the month before and slowed to 1.9% year-over-year, data released by Statistics Korea showed Wednesday.This marks its weakest pace of increase since December 2024 after rising 2.1% in April, and lower than the median forecast of 2.1% in a Reuters poll of economists.This follows the Bank of Korea’s decision to lower interest rates last week for the fourth time in its current easing cycle, to support an economic recovery clouded by U.S. tariffs.— Amala Balakrishner1d:T1073,Currently, many pass-through businesses use a workaround — the pass-through entity, or PTE, tax — to bypass the $10,000 limit on the federal deduction for state and local taxes, known as SALT. The House-approved bill could block certain pass-through businesses from using the popular state-level tax break. However, this provision could still face changes amid Senate negotiations. As Senate Republicans debate trillions of tax breaks advanced by the House, some business owners could be blocked from part of the proposed windfall, policy experts say.If enacted as written, the House GOP’s “One Big Beautiful Bill Act” would raise the federal deduction limit for state and local taxes, known as SALT, to $40,000. That would phase out once income exceeds $500,000.The bill would also boost a tax break for pass-through businesses, known as the qualified business income, or QBI, deduction, to 23%. But the measure would end a popular state-level SALT cap workaround for certain pass-through business owners. More from Personal Finance:How child tax credit could change as Senate debates Trump’s mega-billHow tax cuts in Trump’s ‘big beautiful bill’ could change in the SenateRepublicans’ plan for student loans would mean ‘indentured servitude’: expertHere’s what to know about the proposed change and who could be impacted.SALT deduction cap ‘workaround’Enacted via the Tax Cuts and Jobs Act, or TCJA, of 2017, there’s currently a $10,000 limit on the SALT deduction for filers who itemize tax breaks. This cap will expire after 2025 without changes from Congress. The SALT deduction was unlimited before TCJA, but the so-called alternative minimum tax reduced the benefit for some higher earners.The cap has been a pain point in high-tax states like New York, New Jersey and California because residents can’t deduct more than $10,000 for SALT, which includes income, property and sales taxes. However, most states now have a “workaround” to bypass the federal SALT deduction limit for pass-through business owners, explained Garrett Watson, director of policy analysis at the Tax Foundation.As of May 9, some 36 states and one locality, New York City, have enacted a workaround — the pass-through entity, or PTE, level tax — since the 2017 TCJA limitation, according to the American Institute of Certified Public Accountants, or AICPA.While each state has different rules, the strategy generally involves paying individual state and local taxes through a pass-through business to sidestep the $10,000 cap, Watson said. Owners can then deduct their share of SALT paid.How the SALT workaround could changeCertain white-collar professionals — doctors, lawyers, accountants, financial advisors and others — known as a “specified service trade or business,” or SSTB, can’t claim the qualified business income deduction once income exceeds certain limits.As advanced, the House bill would block SSTBs from using the SALT deduction workaround, which would be “substantial” for those impacted, Watson said.Meanwhile, some non-SSTB pass-through businesses would have two benefits under the House-approved bill. Depending on income, they could qualify for the bigger 23% QBI deduction. They could also still claim an unlimited SALT deduction via the PTE workaround, experts say.The revised provision has faced some pushback among certain organizations.“This loophole is likely expensive, and lawmakers and the public should demand a clear accounting of the fiscal cost to bless workarounds for this favored group,” New York University Tax Law Center deputy director Mike Kaercher said in a statement after the revised House bill text was released in late May. Some industry groups, such as AICPA, have urged the Senate to maintain the SALT deduction workaround for SSTBs.If the House bill is enacted as written, SSTBs would be “unfairly economically disadvantaged” by existing as a certain type of business, AICPA wrote in a May 29 letter to the Senate.Since many SSTBs can’t organize as a C corporation, there’s “no option to escape the harsh results of the SSTB distinction,” which could limit these professionals’ SALT deduction, AICPA wrote.1e:T4817,Everyone Was Just Doing Their Job: How Specialization Enables Systemic Evil Authored by Josh Stylman via Substack,The world's a screaming match—doctors, economists, influencers, all clawing for their slice of truth. Nobody's listening, and nobody's seeing the whole damn picture. We have more information than ever, but we're dumber where it counts, stuck in a loop of shouting past each other. This isn't just politics or algorithm nonsense; it's the cult of specialization—our worship of experts who know everything about nothing. Doctors pushing Covid shots didn't see the fraud. Economists missed the heist. Engineers built surveillance without blinking. Each turned their screw, blind to the machine they were feeding—a Moral Assembly Line where systemic evil thrives. The system's not broken; it's built to break us, and we're all complicit until we start connecting the dots. As I explored in The Illusion of Expertise, we've confused credentials with wisdom, compliance with intelligence. Now we see the deadly consequences: we're not failing because of bad experts—we're failing because specialization itself has become the operating system of institutional evil.A Society Talking Past ItselfStep into any barroom debate, X thread, or YouTube comments section, and it's chaos—facts flying, no one landing. We've outsourced our brains to specialists who slice reality into bits too small to mean anything. A cardiologist can't talk vaccines. An economist reduces geopolitics to models, blind to the real forces at play. Everyone's got their PhD in one inch of the world, and we're dumber for it. Specialization doesn't just fracture understanding; it's the architecture of control, ensuring no one sees the crimes—medical fraud, wealth theft, digital chains—unfolding in plain sight. We're not arguing because we're stupid; we're arguing because the system keeps us siloed, complicit, and clueless.Medical Blindness: Expertise Without VisionIn my medical freedom work, I've seen doctors—smart, caring people—trapped in their own expertise. One, a family physician friend of mine, said VAERS was the "gold standard" for vaccine safety but when I asked about Covid shots, he admitted he never looked even though he was recommending them to patients. He assured me that if it was a problem, the FDA would do something. He didn't know it reported over 30,000 Covid shot deaths by 2023, or that underreporting was rampant. Meanwhile, journalists mocked "half the country eating horse paste," dismissing a drug that had been administered to billions of humans, whose inventor won the Nobel Prize, that's on the World Health Organization's list of most essential medicines, and is known to have very few side effects. People who had never heard of ivermectin were parroting the notion that it was horse paste. These weren't idiots; they were cogs in a machine built by the Rockefeller model of medicine, which, since the 1900s, turned healers into assembly-line technicians—prescribe, cut, bill, repeat.During Covid, this enabled a fraud of historic scale. This isn't just about doctors being wrong—it's about a system that rewards institutional obedience over critical thinking. The shots got Emergency Use Authorizations (EUAs) on rotten data: trials rigged to show symptom relief, not transmission prevention; myocarditis risks buried; long-term safety ignored. Most people don't realize that if there were effective treatments for Covid, these experimental drugs couldn't have been approved under emergency authorization—but that's exactly what happened. Whistleblower Brook Jackson, a Pfizer trial manager and modern-day Erin Brockovich, exposed unblinding and falsified records in 2021. Her story revealed massive crimes that should be criminally prosecuted, but instead it's languishing in the courts while doctors didn't read her BMJ report and media publications never told her story—they trusted the FDA's "safe and effective" stamp. A restaurant owner I know enforced mandates even after it became clear the shots didn't stop transmission, still trusting the authorities despite rules that made no sense—customers had to mask walking to their table but could remove them while sitting, as if the virus respected dining etiquette. She wasn't malicious; she was compartmentalized, her role so narrow she couldn't see the crime—a coerced, harmful rollout sold as salvation.Covid: A Masterclass in Fragmented FraudCovid was a crime scene where every expert played their part, blind to the whole.Medical CompartmentalizationThe fraud started with PCR tests. Kary Mullis, PCR's inventor, said in the 1990s it's not a diagnostic tool—it amplifies anything, not just active virus. His voice would have been important during the pandemic since the whole thing was based on his invention. Sadly, he died in August 2019.Yet it was used to inflate cases, driving fear and lockdowns. Public health ignored immunologists warning of weakened immunity from isolation. Doctors, trusting the CDC, didn't question flawed tests or mandates. The shots were the centerpiece: trials manipulated (Naomi Wolf's team at Daily Clout documented this), adverse events like myocarditis suppressed, and EUAs granted only because alternatives like ivermectin and hydroxychloroquine (HCQ) were demonized. A 2020 Henry Ford Health System study showed HCQ cut mortality when used early, but the FDA smeared it as 'dangerous.' A hospital administrator I’m friendly with enforced deadly protocols—Remdesivir and ventilators—that harmed patients. Overwhelmingly, people died in hospitals, not at home. Curious. He followed "protocols," not committing a crime—or so he thought.No one read the data; no one minded the store. In fact, FDA advisor Dr. Eric Rubin, editor-in-chief of the New England Journal of Medicine, openly admitted: "We're never going to learn about how safe this vaccine is unless we start giving it. That's just the way it goes." They were experimenting on children in real time, and saying it out loud.Economic CompartmentalizationLockdowns crushed small businesses while Amazon and Pfizer raked in billions—a $4 trillion heist disguised as relief. Economists, buried in GDP models, missed the human toll. Gold bugs and bitcoiners warned of inflation and a widening wealth chasm, but they weren't credentialed economists, so no one listened. Even many libertarians abandoned their framework, supporting medical tyranny over individual liberty. Stimulus checks, sold as aid, prepped the ground for central bank digital currencies (CBDCs), but economists didn't study monetary control. They enabled theft, oblivious to their role.Psychological CompartmentalizationLockdowns spiked depression, addiction, and child developmental delays, yet behavioral scientists were absent from task forces. Public health dismissed mental health as "non-essential." A school counselor I know saw teen suicides soar but had no policy voice. She saw the damage but still enforced closures, believing she was following "expert" guidance. The trauma wasn't her department.Technological CompartmentalizationEngineers built vaccine passports and contact-tracing apps, sold as "public health." They didn't ask how these fed The World Economic Forum’s digital ID plans or CBDCs' programmable money. A tech developer I met saw his app as "innovation," not surveillance infrastructure. His job was to code, not question geopolitics. Each layer deferred upward, building a control grid no one claimed. Innovation divorced from consequence is how surveillance states are born in beta."Just Doing My Job": The Moral Assembly LineSpecialization doesn't just split knowledge—it splits guilt. This is the Moral Assembly Line: everyone turns a screw, no one owns the machine, and when it crushes lives, they say, "It wasn't me." In the Holocaust, Adolf Eichmann scheduled trains, not murders. During the MKULTRA experiments, psychologists dosed subjects with LSD, just following CIA orders. During Covid, doctors pushed shots, HR fired the unvaccinated, and journalists parroted identical phrases across every network—'safe and effective,' 'no one is safe until everyone's safe.'Video via Matt OrfaleaFriends enforced vaccine requirements at parties, thinking they were protecting people, not coercing choice. No one felt like a criminal, but the outcome was fraud, harm, and eroded freedom. Evil hides by breaking itself into pieces too small to feel.The Design of DisintegrationThis is by design. Universities churn out specialists, not synthesizers—papers, not questions. The corruption runs deeper than most realize. Universities don't just churn out specialists—they create a credentialed class psychologically invested in defending the system that elevated them, even when that system causes harm. Medical boards punish doctors who stray, like those who prescribed ivermectin. Funding rewards obedience, not curiosity. Peer review is peer pressure, silencing dissent. Algorithms on X, Instagram, and TikTok feed you your niche, not the truth. This creates epistemic capture: experts know only what their field allows. A virologist might doubt a shot's efficacy but not its funding. A journalist might report mandates but not trial fraud. They're cogs in a machine they can't see, ensuring we stay complicit and clueless.Blind Spots of the Highly EducatedSpecialization blinds even the sharpest to the big picture. Doctors enforcing passports didn't see their connection to Agenda 21's population tracking framework from 1992. They didn't connect apps to CBDCs, which the Bank for International Settlements piloted to control spending. Local health officials in my area justified apps as "stopping the spread," unaware they fed systems that could lock accounts for non-compliance. Why? Geopolitics isn't their field. The World Economic Forum's Great Reset is public, yet most doctors never read it. Intelligence without context isn't just useless—it's a weapon for power.The most educated became the most complicit. While PhD epidemiologists enforced lockdowns and cardiologists pushed shots, plumbers and mechanics saw through it immediately. They didn't need peer review to recognize bullshit—they fix things that actually work. The people who make stuff understood: if the solution doesn't match the problem, something's wrong. Meanwhile, the credentialed class defended every policy failure because their status depended on institutional trust.The Mockingbird Media: Silencing the TruthMedia seals the trap. Operation Mockingbird, a CIA program to shape narratives, never died—it's alive in today's censorship. Vaccine injury stories, like those in Anecdotals, a documentary I produced with talented filmmaker Jennifer Sharp, were banned from YouTube. She poured her soul into showing real people—mothers, teachers, children—harmed by shots, but algorithms erased it.The silence runs deeper. My friend Pamela lost her stepson, Benjamin, to the shot. He worked for Stephen Colbert, who mandated it for his staff. Pamela begged her stepson not to get it, but he needed to keep his job. A young man, dead from something sold as "safe and effective"—killed by a mandate from the same man who turned vaccines into dancing entertainment. While Colbert's show produced the cringe-worthy "Vax-Scene" skit with dancing syringes, real people were dying from his workplace requirements.Pamela screamed from the rooftops, but no reporter would touch her story. Yet you can be sure—if her stepson had died from Covid, they'd have been fighting for the exclusive. Instead, we got montages of "safe and effective" while they buried the bodies. The people trying to warn us sounded crazy because the media made them invisible.Pamela's story, as tragic as it is, isn't rare. I personally know dozens. We all have stories. The true number is totally unknown. What makes it worse? It's accelerating. As more shots get pushed on the vulnerable, as boosters become routine, the Pamelas will multiply, their stories will remain untold, and the machine will keep grinding forward.Journalists didn't cover these stories—not their beat. The public stays clueless, fed a media diet of propaganda. This isn't incompetence; it's control, ensuring we only see what the system allows, keeping us talking past each other.Covid wasn't an exception—it was a perfect example of how compartmentalized systems commit coordinated harm. But the same pattern repeats everywhere: in finance, education, climate policy, and tech. Everyone plays their role. No one owns the outcome. Let's widen the lens.Beyond Medicine: Complicity EverywhereThis pattern is universal, enabling harm while absolving guilt.Finance (2008): Traders chased derivatives, missing the housing bubble. Contrarians warned, but they weren't "in the room." They weren't stealing—they were working, blind to the crash.Education: School boards implemented Common Core without consulting child development experts, or administrators pushed digital learning without understanding its psychological impact on students.Climate: Climatologists model emissions while ignoring weather modification. Policy experts implement Davos agenda while ignoring that those pushing green policies don't live by them. No one owns the dysfunction.AI/Tech: Engineers build addictive algorithms, ignoring polarization. CEOs chase profit, not sociology. They fracture society, feeling nothing.Military: Analysts tout drones, ignoring cultural fallout. Bureaucrats plan wars without local knowledge. No one's a war criminal—just a professional.The Generalist: Breaking Free from Spectator CultureWe need generalists—people who refuse to be watchers in their own lives. Before industrialization, healers and polymaths wove together physical, spiritual, and social knowledge. Today, we're consumers of expertise, not creators of understanding. We've become a spectator culture, watching life happen while trusting someone smarter has it handled. But the price of convenience is competence. We can't change a tire, grow food, read a study, or think without calling an expert. The more educated we are, the more we defer to credentials over judgment.E.O. Wilson's consilience—uniting knowledge—isn't academic; it's survival. Nassim Taleb saw fragility (though he was tragically wrong about Covid); Ivan Illich saw institutional harm. They knew outsourcing thinking is outsourcing agency. We must become intellectual sovereigns, thinking across fields, seeing patterns specialists miss. A doctor should understand pharmaceutical economics. An economist should grasp human psychology. Pattern recognition is what separates participants from observers, thinkers from consumers of thought. It's how you stop being a cog and start becoming a sovereign.Escaping the Machine: From Cogs to SovereignThis isn't politics—it's cognition. We've become passive observers, outsourcing not just tasks but basic thinking. We can't fix a car, preserve food, or question a medical mandate without feeling unqualified. A generation ago, people solved problems themselves. Now, we call authorities, and the smarter we think we are, the more we defer. But what happens when the system leads us astray—not through the malice of its participants, but through the malice of its designers? The doctors recommending drugs, the engineers building apps, the journalists reporting stories—they're not evil. But the system they serve was designed by those who are.Specialization has made us passive, watching life happen while trusting the credentialed. But they're cogs too, trapped in a machine they don't see. Understanding this reveals the deeper architecture: specialization connects to other systems of manufactured dependency—fiat currency that separates us from real value, digital convenience that erodes our capabilities, spectator culture that makes us passive consumers. Each system reinforces the others, creating a web that requires seeing the whole picture to break free.The way out is radical responsibility. Stop outsourcing your thinking. The path forward begins with recognizing that what we've been taught to value as 'expertise' has been weaponized against us. Questioning institutional narratives isn't a sign of ignorance but a necessary act of intellectual sovereignty. When an expert tells you something, ask: Who benefits? What's hidden? What would another field say? Read outside your lane—doctors, study economics; economists, learn biology. Check primary sources yourself—read Brook Jackson's BMJ report, examine VAERS data, trace the funding. Follow researchers like Catherine Austin Fitts, who documented how the government has misplaced $21 trillion—not million, trillion—with no accountability. This isn't normal corruption; this is systemic looting that makes you wonder what they're really building with our money. Connect with those who think differently. The goal isn't to master everything, but to see the spaces between experts—where truth hides—and to know who to trust.The Incalculable Cost: Generational Harm and the Illusion of ReformThe damage is generational, hiding in plain sight. MAHA celebrates that the White House quietly removed Covid shots from healthy people's schedules, but critics rightfully point out the deeper problem: there's lots more coming on the vaccine schedule. Yes, the trend line may be in the right direction, but how many more unsuspecting people are going to suffer between now and then? Those who don't understand this system is rotten to the core will still listen and get injected. More immunocompromised people getting jabbed, more unhealthy kids having their genetic code rearranged and their immune systems weakened. I appreciate that maybe there's a political game going on, but I don't understand what we're talking about—we're talking about people's lives. The system worked perfectly—create the illusion of reform while continuing the harm to the most vulnerable. It's in VAERS, with over 30,000 deaths reported; in insurance data showing rising claims; in stories like Pamela's that never make the news. The system distributed the harm so widely no one can see it whole.Nobody's minding the store. So we have to.Be the generalist. See the system. The truth depends on it. The future won't be saved by the most credentialed. It'll be saved by those who can see clearly—and refuse to look away. Tyler DurdenTue, 06/03/2025 - 22:351f:T1ea1,This is CNBC’s live blog covering Asia-Pacific markets.Asia-Pacific markets advanced Wednesday after Wall Street rose on the back of a tech rally, led by chipmaker Nvidia, with South Korean stocks leading gains.Shares in the artificial intelligence darling advanced nearly 3%, extending Monday’s gains and driving Nvidia’s market cap past Microsoft‘s for the first time since January. Chip companies Broadcom and Micron Technology rose more than 3% and 4%, respectively.South Korean markets rose as opposition party leader Lee Jae-myung won the presidential election. The Kospi index popped 2.43% to hit its highest level since August last year, while the small-cap Kosdaq advanced 1.39%.Lee’s “election pledge has placed considerable weight on enhancing the value of the Korean stock market,” John Cho, Korea equity portfolio manager at J.P. Morgan Asset Management, said in a note.His plan to amend the commercial law, which will broaden the legal duties of board members to include protecting the interests of minority shareholders, will “encourage boards to make fewer value-destructive decisions and more value-accretive ones,” Cho explained.Looking ahead, he expects the incoming South Korean government to adopt aggressive fiscal stimulus to revive the domestic economy while also “pragmatically” handling international trade matters.“We believe that the domestic economy is set to rebound from a low base in 2H 2024 / 1H 2025, and we continue to be positive on the globally competitive and uniquely positioned manufacturers, including HBMs [high bandwidth memory] for AI, health and beauty, and heavy industries,” Cho added in a Wednesday note.In Japan, the benchmark Nikkei 225 climbed 0.82%, while the broader Topix index rose 0.53%.Mainland China’s CSI 300 index moved up 0.52%, while Hong Kong’s Hang Seng Index added 0.72%Australia’s S&P/ASX 200 rose 0.77%. The country’s economy grew 1.3% year-on-year in the first quarter of 2025, lower than the estimated 1.5% growth among economists polled by Reuters. The latest reading was unchanged from the previous quarter’s 1.3% year-on-year growth.Meanwhile, India’s benchmark Nifty 50 advanced 0.15% while the BSE Sensex ticked up 0.11%.U.S. futures were little changed after Wall Street rose on a tech rally and a better-than-expected jobs report showing that the U.S.’ labor market is holding up despite concerns of risks stemming from tariffs.Overnight stateside, the broad-based S&P 500 index added 0.58% to close at 5,970.37, while the Dow Jones Industrial Average gained 214.16 points, or 0.51%, ending at 42,519.64. The Nasdaq Composite climbed 0.81% to settle at 19,398.96.The U.S. economic outlook “remains dimmed by tariffs, although the timing of the impact is now more delayed,” said Preston Caldwell, chief U.S. economist at Morningstar.“The deleterious demand-side impact from tariffs looks diminished for now, with financial conditions having improved and President Donald Trump evincing some willingness to respond to deteriorating economic conditions by pulling back on tariffs,” he wrote in a June 3 outlook report.The risk of recession in the U.S. now looks “closer to 25%,” rather than the 35% to 40% assessed in April, Caldwell said.— CNBC’s Lisa Kailai Han, Sean Conlon and Sarah Min contributed to this report.Spot gold edges up as trade tensions boost the safe-haven’s appeal Spot gold rose Wednesday after falling in the previous session, as concerns over global trade tensions fester.As of 12.32 p.m. Singapore time, prices of the yellow metal were up 0.24% at $3,359.87 per ounce.Bullion — which is considered a hedge against political and financial instability — had fallen 0.8% on Tuesday.— Amala BalakrishnerAustralian stocks rise above 8,500 threshold to near four-month highAustralian stocks rose past the key psychological 8,500 mark Wednesday, trailing gains in Wall Street and other Asia-Pacific markets.The 200-stock S&P/ASX 200 benchmark climbed 0.76% to 8,532.20 as at 12.57 p.m. Australian Eastern Standard Time, its highest level since Feb. 17.Gains were broad-based and were seen across the energy sector — which rose on increasing oil prices — as well as financials and mining sectors.Shares in Woodside Energy and Santos, two of Australia’s top oil and gas companies, increased 2.48% and 1%, respectively.Over in the financial sector, the big four banks were all trading higher — with shares in Westpac Banking up 2.25%, Commonwealth Bank up 1.21%, Macquarie Group up 1.03% and National Australia Bank up 0.86%.Shares in major miners also moved higher, with Rio Tinto moving up 0.31%, BHP Group adding 1.09% and Fortescue advancing 2.21%.— Amala BalakrishnerTaiwan shares surge over 2%Taiwan’s benchmark Taiex index surged 2.15% to hit 21,581.85 as of 11.10 a.m. local time, extending its gains for the second consecutive session.The advance was led by the technology, energy, and basic materials sectors, according to data from LSEG.The top three performers were Formosa Pharmaceuticals Inc, which advanced 10% and Hiltron Technologies and Jinan Acetate Chemical Co, which added 9.95% each.Meanwhile, shares of tech giants Taiwan Semiconductor Manufacturing Co and Hon Hai Precision Industry — known globally as Foxconn — were last seen trading 3.58% and 3.53% higher, respectively,2.64The iShares MSCI Taiwan ETF shows the index’s moves:— Amala BalakrishnerSouth Korean won strengthens following opposition leader’s election winThe South Korean won appreciated on Wednesday, following opposition party leader Lee Jae-myung’s victory in the country’s snap presidential election.As at 11.15 a.m. local time, the won had strengthened by 0.43% against the U.S. dollar to 1,371.80The move also comes alongside a slump in the U.S. dollar, following uncertainty on U.S. President Donald Trump’s upcoming tariff plans.The dollar index, which measures the U.S. currency against six major peers, was last seen down 0.05% to 99.181.Other Asian currencies fluctuated sharply on Wednesday.The Japanese yen gained 0.18% against the dollar to 143.91, while the Australian dollar slipped 0.05% against the greenback to 0.6464.Elsewhere in Southeast Asia, the Thai baht strengthened 0.09% against the dollar to 32.59, while the Singapore dollar shed 0.05% at 1.2898.— Amala BalakrishnerSouth Korean shares surge over 1% to its highest level in 10 months.South Korean stocks rallied Wednesday after opposition party leader Lee Jae-myung won the country’s snap presidential election.As of 9.40 a.m. local time, the Kospi index had popped 2.05% to 2,754.42, its highest level since Aug. 1 2024. The index has gained 14.57% since the start of the year.Meanwhile, the small-cap Kosdaq index was last seen trading 1.4% higher; it has risen 10.46% since the start of the year.Gains were broad-based across sectors, with strong moves seen in chipmaker SK Hynix, which rose 6.02%, SK Inc, which surged 5.63%, HD Hyundai, which gained 5.23% and Wori Financial Group, which advanced 4.92%.Among the index heavyweights, Samsung Electronics was last seen up 1.06%. Shares of battery maker LG Energy Solutions increased 1.23% while Samsung SDI moved up 0.58%.— Amala BalakrishnerSouth Korea’s inflation slows to its weakest in five monthsSouth Korea’s consumer price index for May fell 0.1% from the month before and slowed to 1.9% year-over-year, data released by Statistics Korea showed Wednesday.This marks its weakest pace of increase since December 2024 after rising 2.1% in April, and lower than the median forecast of 2.1% in a Reuters poll of economists.This follows the Bank of Korea’s decision to lower interest rates last week for the fourth time in its current easing cycle, to support an economic recovery clouded by U.S. tariffs.— Amala Balakrishner20:T21fc,The threatening letters to President Donald Trump which led to a highly-touted arrest of an undocumented immigrant were actually written by a jailed Wisconsin man trying to get him deported, prosecutors said. Demetric DeShawn Scott, the inmate, hoped to get Mexican immigrant Ramon Morales-Reyes deported because he is a witness in Scott’s upcoming criminal trial, a complaint alleges. Scott is now charged in Milwaukee Circuit Court with identity theft and felony intimidation of a witness, and bail jumping in connection with the alleged scam. But Morales-Reyes, a married father of three who works as a dishwasher, remains in custody because he was in the United States illegally, the Department of Homeland Security said.Threatening letters about President Donald Trump that led to the highly-touted arrest by federal authorities of an undocumented immigrant last month were actually written by a jailed Wisconsin man trying to get him deported, prosecutors said in a new criminal complaint.Demetric DeShawn Scott, the inmate, hoped to get Mexican immigrant Ramon Morales-Reyes deported because he is a witness in Scott’s upcoming criminal trial for alleged armed robbery and battery against Morales-Reyes, a criminal complaint filed Monday says.“I got a plan. I got a hell of a plan,” Scott, 52, said in a recorded call from jail on April 27, according to the criminal complaint.And in a May 16 recorded call, Scott, referring to Morales-Reyes, said, “This dude is a goddamn illegal immigrant and they just need to pick his ass up.”“I’m dead serious cause I got Jury Trial on July 15th,” the complaint said. “And the judge will agree cause if he gets picked up by ICE, there won’t be a Jury Trial so they will probably dismiss it that day. That’s my plan.”Scott is now charged in Milwaukee Circuit Court with identity theft and felony intimidation of a witness, and bail jumping in connection with the alleged scam. CNBC has requested comment from his attorneyBut Morales-Reyes, a 54-year-old married father of three who works as a dishwasher, remains in custody because he was in the United States illegally, according to the Department of Homeland Security.He faces an appearance before an immigration judge on Wednesday and the possibility of removal from the United States.Courtesy: U.S. Homeland SecurityICE arrested Ramon Morales-Reyes, a 54-year-old from Mexico on May 22, 2025.A senior DHS official, in a statement to CNBC when asked about Morales-Reyes, said, “The investigation into the threat is ongoing.”“Over the course of the investigation, this individual was determined to be in the country illegally and that he had a criminal record,” the official said. “He will remain in custody.”DHS last month said that Morales-Reyes “entered the U.S. illegally at least nine times between 1998-2005.”“His criminal record includes arrests for felony hit-and-run, criminal damage to property and disorderly conduct with a domestic abuse modifier,” the department said at the time.A lawyer for Morales-Reyes, Kime Abduli, told CNBC that he recently applied for a U visa, which is available for people in the U.S. illegally who are the victims of certain crimes.Abduli said Morales-Reyes was attacked with a box cutter by a man whom he later identified as Scott in 2023, and that he cooperated with authorities in their investigation.Abduli said she and another lawyer for him are “putting in all efforts we can to get him out” of immigration detention.“Honestly, it’s kind of been a whirlwind the past few days,” she said. “It’s been a lot to process. It’s just unfortunate that this has spun to the level it has and that Mr. Morales has been dragged into the limelight in this way, but I just hope that justice prevails. It’s been hard for him and his family.”The immigrant was arrested outside a Milwaukee school on May 22 after dropping off his daughter, who, like his other two children, is a U.S. citizen, according to Abduli.“Thanks to our ICE officers, this illegal alien who threatened to assassinate President Trump is behind bars,” Department of Homeland Security Secretary Krist Noem said in a May 28 statement announcing his arrest.The bust came a day after the Wisconsin Attorney General’s Office, the police chief of Milwaukee, and the U.S. Immigration and Customs Enforcement Office in that city all received mailed handwritten letters in envelopes with the return address of Morales-Reyes, the complaint says.“The letters were all handwritten and, although not exactly the same, all wrote about immigration policy and threatening to kill ICE agents or President Donald Trump,” the filing says.“Those letters also appeared to be written by the same person.”The complaint quotes excerpts of the letters, which were written in English.“That interview was conducted using translation assistance, as RM-R does not read, write, or fluently speak English,” the complaint said.“During that interview, law enforcement asked RM-R who would want to get RM-R in trouble. RM-R stated that the only person who would want to get him in [trouble] was the person who had robbed him and who law enforcement knows to be the defendant, Demetric D. Scott.”The complaint said the detective had Morales-Reyes write a handwritten note, which showed “completely different handwriting than what is on the letters and envelopes.”After speaking with Morales-Reyes, law enforcement listened to recordings of several calls from the Milwaukee County Jail that were made by Scott.In an April 27 call, Scott told another person to tell a third person that he was going to send two letters to her hours, and “I need Carmella to mail off for me.”In another call on the same day, Scott talked about having sent “a big manila envelope” to his mother’s house.“I just need you to put them in the mailbox for me,” Scott said, according to the criminal complaint. “I just need them to be mailed out from the street and not from here.”In a call on May 1, using another inmate’s ID number, Scott told the person on the other end of the line to write down a number, which was for the Immigration and Customs Enforcement tip line, and “call this number for me,” the filings said.On May 11, Scott had a call in which he said, “I’ll probably get out this motherf—– July 15,” which is the date of his scheduled trial for allegedly robbing Morales-Reyes, according to the complaint. Trump and China’s Xi will likely talk very soon, White House official saysWhite House ‘close to the finish line’ on some trade deals: Treasury officialChina counters Trump’s accusations of Geneva trade deal violationsElon Musk: I don’t want responsibility for everything administration is doingTrump advisers defend tariffs amid legal fight, insisting they’re ‘not going away’EU ‘prepared to impose countermeasures’ after Trump doubles steel tariffs to 50%Pentagon chief says U.S. ready to ‘fight and win’ against ChinaPBS sues Trump over executive order to cut funding“Dude don’t come to court then they gonna have to dismiss my case,” Scott said. “Listen, I need, um, an address. I need for someone to go google, uh, um, um, uh, Department of Justice, the Attorney General. I need the Attorney General address in the state of Wisconsin. Do you know how to do that?Last Friday, a Milwaukee police detective interviewed Scott, who “admitted that he wrote everything on the letters and envelopes himself. He stated that the letters were made without the assistance of anyone,” the complaint said.“When asked what was going through his head at the time of writing the letters, the defendant stated ‘Freedom,’ ” the complaint said.“The defendant admitted that his intention was not to go after President Trump, rather, to prevent RM-R from testifying at his trial,” the complaint said.“The defendant stated that he knew that including a threat to President Trump in the letters would mean that Secret Service would have to get involved and law enforcement would definitely go to RM-R’s house.”Scott, shortly after that interview, called his mother from jail, according to the complaint.“The detective was like, ‘Well, whatever your plan was, it worked he said, cause he got deported now because we had to go pick him up,’ ” Scott told his mother, the complaint said.“Out of all the time I’ve been in here, 19 months, his ass got what he deserve,” Scott said.“He got deported the way he should’ve because he wasn’t supposed to be here anyway, so he can take his ass back to Mexico. He took 19 months away from me and probably longer than that.”21:T8a2,DELRAY BEACH, Fla., June 3, 2025 /PRNewswire/ -- 360Quadrants has released its latest Livestock Flooring Startups/SMEs Companies Assessment, 2025, recognizing key players, including both global giants and emerging innovators, for their excellence in market presence, product innovation, and business strategy. The report highlights Deesawala Rubber Industries, Duratuf Products Pvt. Ltd., Comfort Slat Mat, and American Farm Rubber LLC among the top companies that are actively shaping the future of the Livestock Flooring Startups/SMEs Companies Assessment.The evaluation leverages 360Quadrants' proprietary methodology to map competitive positioning across 7,000+ micro markets within 10+ industries, enabling decision-makers to make strategic, data-backed vendor choices.Company Highlights in the Livestock Flooring Startups/SMEs Companies Assessment:Duratuf Products Pvt. Ltd. (Duratuf) is a globally recognized supplier of premium rubber products, including electrical insulation mats, cow mats, rubber sheets, and conveyor belts. Backed by over 14 years of industry expertise, Duratuf has served more than 3,655 customers across 52 countries and contributed to over 10,565 projects worldwide with cost-effective, high-performance solutions. Duratuf's conveyor belts are designed to meet the demands of sectors such as construction, energy, manufacturing, and food & beverage. Through strategic initiatives like the Channel Partnership Program and Vendor Acquisition Program, the company fosters collaborative growth and long-term success.Deesawala Rubber Industries, an ISO 9001:2008 certified company, is a premier manufacturer of high-quality rubber products with a strong focus on cow comfort solutions, particularly rubber cow mats. With over three decades of industry experience, the company serves diverse sectors including dairy, mining, power, defense, and infrastructure, offering precision-engineered molded components such as vibration pads, gaskets, and rubber rings. Deesawala's rubber cow mats are specifically designed to enhance cattle welfare. Featuring a diamond pattern to reduce slippage and promote hoof recovery, these meats also include deep ...Full story available on Benzinga.com22:T25fa,New long-term CARTITUDE-1 data show one-third of patients treated with CARVYKTI® remain progression-free CARTITUDE-4 analysis shows compelling overall survival and progression-free benefits in standard and high-risk subgroups across prior lines of treatmentCHICAGO, June 3, 2025 /PRNewswire/ -- Johnson & Johnson (NYSE:JNJ) announced today new long-term follow-up data from the Phase 1b/2 CARTITUDE-1 study demonstrating 33 percent (n=32) of patients in the study (n=97) with relapsed or refractory multiple myeloma (RRMM) treated with CARVYKTI® (ciltacabtagene autoleucel; cilta-cel) achieved progression-free survival (PFS) of five years or more with a single infusion and no maintenance or subsequent anti-myeloma therapy.1 These data underscore Johnson & Johnson's dedication to advancing transformative therapies that aim to reshape the treatment landscape for patients with multiple myeloma. In a subset of 12 patients who underwent serial evaluations at a single site, all were minimal residual disease (MRD) negative and imaging negative throughout five years of post-treatment follow-up. Findings were featured in an oral presentation at the 2025 American Society of Clinical Oncology (ASCO) Annual Meeting (Abstract #7507). The data were also simultaneously published in The Journal of Clinical Oncology."This new evidence shows how a single infusion of CARVYKTI can help patients survive without disease progression much longer than previously thought possible in this setting, and without any maintenance or subsequent treatment," said Peter M. Voorhees*, M.D., Clinical Professor of Hematology and Oncology at Atrium Health, Levine Cancer Institute at Wake Forest University School of Medicine. "In a heavily pre-treated population, a third of patients remained treatment- and progression-free for at least five years."The Phase 1b/2 CARTITUDE-1 study (n=97) evaluated CARVYKTI® for the treatment of heavily pre-treated patients with RRMM. Patients who remained progression free for at least five years (n=32) had a median of six prior lines of therapy and included subgroups with high-risk cytogenetics (23.3 percent), extramedullary disease (12.5 percent), triple-class refractory (90.6 percent), and penta-drug refractory (46.9 percent). At a median follow-up of 61.3 months, median overall survival (OS) was 60.7 months (95 percent confidence interval [CI] 41.9, not estimable [NE]), highlighting the depth and durability of response with CARVYKTI®.With longer follow up, the safety profile in CARTITUDE-1 was consistent with the known safety profile of CARVYKTI®, with no new safety signals observed. There were two newly reported second primary malignancies (both solid tumors) and no new Parkinsonism events or cranial nerve palsies.Additional data from another CARVYKTI® study, CARTITUDE-4, presented at the 2025 ASCO Annual Meeting evaluated PFS and OS versus standard of care in prespecified subgroups, including patients with standard and high-risk cytogenetics, extramedullary disease and by line of therapy (Abstract #7539). Results demonstrated that CARVYKTI® improved PFS and OS across subgroups. In patients with standard-risk disease after one to three prior lines of treatment, PFS curves indicate stability in survival rates."Across our multiple myeloma portfolio and pipeline, we are shifting from treating to progression to treating to cure," said Jordan Schecter, M.D., Vice President, Research & Development, Multiple Myeloma, Johnson & Johnson Innovative Medicine. "Our focus is to extend patient survival, and based on our expertise of the disease biology, develop treatment regimens with curative potential."Results will also be presented at the upcoming European Hematology Association (EHA) 2025 Congress.About the CARTITUDE-1 Study CARTITUDE-1 (NCT03548207) is a Phase 1b/2, open-label, multicenter study that evaluated the efficacy and safety of cilta-cel in adults with relapsed and/or refractory multiple myeloma (RRMM), 99 percent of whom were refractory to the last line of treatment; 88 percent of whom were triple-class refractory, meaning their cancer did not or no longer responds to an immunomodulatory agent, a proteasome inhibitor and an anti-CD38 antibody.2 The primary objective of the Phase 1b portion of the study, involving 29 patients, was to characterize the safety and confirm the dose of cilta-cel, informed by the first-in-human study with LCAR-B38M CAR-T cells (LEGEND-2). Based on the safety profile observed in this portion of the study, outpatient dosing is being evaluated in additional CARTITUDE studies. The Phase 2 portion of the study is evaluating the efficacy of cilta-cel with overall response as the primary endpoint. The study involved patients with heavily pretreated RRMM who historically have an expected median progression-free survival of About CARTITUDE-4 CARTITUDE-4 (NCT04181827) is the first randomized Phase 3 study evaluating the efficacy and safety of CARVYKTI®. The study compares CARVYKTI® with standard of care treatments PVd or DPd in adult patients with relapsed and lenalidomide-refractory multiple myeloma who received one to three prior lines of therapy. The primary endpoint of the study is progression-free survival (PFS); safety, OS, minimal residual disease negative rate and overall response rate are secondary endpoints. About CARVYKTI® (ciltacabtagene autoleucel; cilta-cel) CARVYKTI® (cilta-cel) received U.S. Food and Drug Administration approval in February 2022 for the treatment of adults with relapsed or refractory multiple myeloma after four or more prior lines of therapy, including a proteasome inhibitor, an immunomodulatory agent, and an anti-CD38 monoclonal antibody.3 In April 2024, CARVYKTI® was approved as the first and only cell therapy in the U.S. for treatment of adult patients with relapsed or refractory multiple myeloma who have received at least one prior line of therapy including a proteasome inhibitor, an immunomodulatory agent, and who are refractory to lenalidomide. In April 2024, the European Medicines Agency (EMA) approved a Type II variation for CARVYKTI® for the treatment of adults with relapsed and refractory multiple myeloma who have received at least one prior therapy, including an immunomodulatory agent and a proteasome inhibitor, have demonstrated disease progression on the last therapy, and are refractory to lenalidomide. CARVYKTI® is a BCMA-directed, genetically modified autologous T-cell immunotherapy that involves reprogramming a patient's own T-cells with a transgene encoding chimeric antigen receptor (CAR) that directs the CAR-positive T cells to eliminate cells that express BCMA. BCMA is primarily expressed on the surface of malignant multiple myeloma B-lineage cells, as well as late-stage B cells and plasma cells. The CARVYKTI® CAR protein features two BCMA-targeting single domains designed to confer high avidity against human BCMA. Upon binding to BCMA-expressing cells, the CAR promotes T-cell activation, expansion, and elimination of target cells. In December 2017, Janssen Biotech, Inc., a Johnson & Johnson company, entered into an exclusive worldwide license and collaboration agreement with Legend Biotech USA, Inc. to develop and commercialize CARVYKTI®. For more information, visit www.CARVYKTI.com. About Multiple Myeloma Multiple myeloma is an incurable blood cancer that affects a type of white blood cell called plasma cells, which are found in the bone marrow.4 In multiple myeloma, these plasma cells proliferate and spread rapidly and replace normal cells in the bone marrow with tumors.5 Multiple myeloma is the third most common blood cancer worldwide and remains an incurable disease.6 In 2024, it was estimated that more than 35,000 people will be diagnosed with multiple myeloma in the U.S. and more than 12,000 people would die from the disease.7 People living with multiple myeloma have a 5-year survival rate of 59.8 percent.8 While some people diagnosed with multiple myeloma initially have no symptoms, most patients are diagnosed due to symptoms that can include bone fracture or pain, low red blood cell counts, tiredness, high calcium levels and kidney problems or infections.9,10CARVYKTI® IMPORTANT SAFETY INFORMATION INDICATIONS AND USAGE CARVYKTI® (ciltacabtagene autoleucel) is a B-cell maturation antigen (BCMA)-directed genetically modified autologous T cell immunotherapy indicated for the treatment of adult patients with relapsed or refractory multiple myeloma, who have received at least 1 prior line of therapy, including a proteasome inhibitor and an immunomodulatory agent, and are refractory to lenalidomide. IMPORTANT SAFETY INFORMATION WARNING: CYTOKINE RELEASE SYNDROME, NEUROLOGIC TOXICITIES, HLH/MAS, PROLONGED and RECURRENT CYTOPENIA, and SECONDARY HEMATOLOGICAL MALIGNANCIES Cytokine Release Syndrome (CRS), including fatal or life-threatening reactions, occurred in patients following treatment with CARVYKTI®. Do not administer CARVYKTI® to patients with active infection or inflammatory disorders. Treat severe or life-threatening CRS with tocilizumab or tocilizumab and corticosteroids. Immune Effector Cell-Associated Neurotoxicity Syndrome (ICANS), which may be fatal or life-threatening, occurred following treatment with CARVYKTI®, including before CRS onset, concurrently with CRS, after CRS resolution, or in the absence of CRS. Monitor for neurologic events after treatment with CARVYKTI®. Provide supportive care and/or corticosteroids as needed. Parkinsonism and Guillain-Barré syndrome (GBS) and their associated complications resulting in fatal or life-threatening reactions have occurred following treatment with CARVYKTI®.Full story available on Benzinga.com23:T422,U.S. stocks closed higher on Monday, with the Dow Jones Industrial Average inching up 0.08% to 42,305.48, the S&P 500 advancing 0.4% to 5,935.94, and the Nasdaq climbing nearly 0.7% to 19,242.61.These are the top stocks that gained the attention of retail traders and investors throughout the day:Applied Digital Corp (NASDAQ:APLD)Applied Digital’s shares surged by 48.46%, closing at $10.14. The stock hit an intraday high of $10.54 and a low of $8.03, with a 52-week range of $3.01 to $12.48. The shares rose nearly 3.5% in the after-hours trading. The company announced long-term lease agreements with CoreWeave Inc., spanning approximately 15 years. These agreements will provide 250 megawatts of critical IT load to support CoreWeave’s AI and high-performance computing infrastructure at Applied Digital’s North Dakota data center.Meta Platforms Inc. (NASDAQ:META)Meta Platforms saw a 3.62% increase, closing at $670.90. The stock’s intraday high was $673.26, with a low of $644.26, and a 52-week range of ...Full story available on Benzinga.com24:T2235,Is There A New England Serial Killer? Social Media Says Maybe, Police Say No. Authored by Allan Stein via The Epoch Times (emphasis ours),NEW ENGLAND—On the eve of Easter Sunday, detectives in Narragansett, Rhode Island, were busy investigating crimes when messages began to pour in.“It came from everywhere,” Detective Sgt. Brent Kuzman said, referring to the flurry of emails and phone calls to dispatch that pointed to an anonymous Facebook post on a group called New England SK (the SK referring to serial killer).While the identity of the person behind the post was unavailable publicly, the post itself suggested the possibility of six bodies buried at Black Point near Scarborough Beach, each positioned vertically and facing the ocean.And despite the post also stating it was a piece of fiction, Kuzman believed the message contained enough credibility to prompt further investigation.That same day, on April 19, four detectives from the Narragansett PD and two Rhode Island State Police cadaver dog teams began searching along woodland trails and the Scarborough beachfront. The department also contacted the FBI.The search lasted for 20 hours and yielded nothing.“We used our whole detective division over two days,” Kuzman told The Epoch Times. “We had to put off every other case. The area we looked at was an extensive amount of land.”Kuzman said the investigation concluded the post was a “100 percent” hoax, adding that the creator of the post has since deleted the message, canceled the account, and remains unidentified. The police declined to provide a screenshot of the post to The Epoch Times.This, however, is just one chapter in a story of murder, conspiracy, and hoaxes revolving around a supposed serial killer, and all being played out on social media.On the Side of CautionSocial media had been buzzing for months following the discovery of 13 bodies and skeletal remains in Connecticut, Massachusetts, and Rhode Island between March and April.Most of the remains found were female, including two who had been reported missing in 2024.In Massachusetts, three cases were identified as homicides, which led to two separate arrests on murder charges. Other causes of death are still undetermined or involve circumstances that police are unable to disclose.Two cases involve incomplete sets of human remains.The location near a bike path where police found the body of Meggan Meredith in Springfield, Mass., on May 8, 2025. She was pronounced dead shortly after 8 a.m. on April 22. Authorities have ruled her death a homicide. Allan Stein/The Epoch TimesOn March 27, a hunter searching for deer antlers found a portion of a human skull in Plymouth, Massachusetts, according to Boston25 News. Police closed off the area as part of the ongoing investigation.The department released a statement the next day, stating there was “no threat to public safety.”On May 4, police reported the discovery of a possible human leg bone near the home of pop singer Taylor Swift in an upscale area of Westerly, Rhode Island. The remains have not been identified.The Epoch Times contacted the Westerly police for a comment.Linking CasesThe chatter and differing opinions on social media about a possible serial killer have continued with each grisly discovery.“LE [law enforcement] still saying it is not a SK [serial killer]. I think now is when they should be most concerned. This ‘killer(s)’ is getting more brazen. They are calling out for recognition,” read one Facebook post.Another Facebook post read: “I can understand not wanting to jump to conclusions or cause a panic, but why does it always seem like the police are just dead set against even considering the possibility of a serial killer?”A May 1 post states: “While some of the people found have indeed been victims of foul play, there are others who seem more like a victim of their own demons.”Kuzman believes there is no evidence linking all the cases, and that social media users have been selectively focusing on certain cases to support a serial killer narrative.“I feel like the whole movement behind this is cherry-picking—like they have a conclusion—and they’re trying to justify whatever data they have of there being a serial killer,” he said.“There’s been nothing [from law enforcement] about a potential suspect in a serial killing in this region at all,” he said.But the story has developed a “life of its own.”On April 24, Hampden County District Attorney Anthony Gulluni issued a statement addressing growing concerns after police found a woman unresponsive on a bike path near the Naismith Memorial Basketball Hall of Fame in Springfield, Massachusetts.Meggan Meredith, 45, was pronounced dead shortly after 8 a.m. on April 22. Authorities have classified her death as a homicide.“We understand the unease that comes with such acts of violence,” Gulluni said, “and we want the community to know that each of these cases is being thoroughly investigated in close coordination with our law enforcement partners.”The Naismith Memorial Basketball Hall of Fame, near the bike path where Meggan Meredith was found unresponsive on April 22, in Springfield, Mass., on May 8, 2025. Allan Stein/The Epoch TimesHe advised people to exercise caution when sharing social media posts that aim to spread fear and misinformation.“Unverified claims can compromise active investigations and contribute to a sense of chaos that does not reflect the full picture,” Gulluni said.Serial Killers EverywhereMultiple law enforcement agencies across the country have expressed similar concerns about social media posts claiming that serial killers are active throughout the United States.Law enforcement classifies a serial killer as someone who murders two or more individuals in separate incidents. Usually, it’s for psychological pleasure, thrill-seeking, attention, or financial gain.On Dec. 5, 2024, the San Bernardino County Sheriff’s Department addressed social media claims about a serial killer targeting individuals as part of a nationwide “scam.”“Please be assured that we would inform you immediately of any potential threat to your safety or the safety of our community. Your safety is our greatest priority,” the department posted on Facebook.On Dec. 9, 2024, police in Odessa, Texas, posted a similar warning on Facebook about a possible serial killer “knocking on doors in Odessa.”“These posts are intended to cause unwarranted public harm and have been determined to be false,” the post added.The Eastland Police Department in Texas also addressed allegations of a serial killer, determining them to be false.“Please be assured that there is no credible threat to our community. Similar posts have appeared in various regions and are designed to create panic and fear,” the department wrote on its Facebook page.“We urge everyone to verify information through your local law enforcement departments before sharing.”On Jan. 31, police in Camden, South Carolina, warned residents about a scam circulating on social media that falsely claimed serial killers were targeting several states.The posts included random names and mugshots to lend credibility to the misinformation.“Once the post goes viral, they edit the content to promote scams (fake rental listings, phishing links). Do not share or engage these posts,” the notice added.“Stay informed and always verify information from trusted sources.”Serial killings make up less than 1 percent of all homicides, according to the World Population Review.Since the 1990s, the rate of serial killings has declined, with California having the highest number of known victims at 1,777 between 1992 and 2019. Texas had the second highest number of victims with 984, followed by Florida with 933, Illinois and New York round out the top five.Flowers are placed on the Odessa Police Department sign following a deadly shooting spree in Odessa, Texas, on Sept. 1, 2019. Cengiz Yar/Getty ImagesTrolling Law EnforcementSpreading or discussing false information or rumors on social media is generally not considered a crime under federal law. However, it can lead to legal consequences if done with malicious intent or if it causes harm.Under Title 18 U.S. Code 1038, known as the false information and hoaxes law, it is a federal offense to engage in any conduct intended to convey false or misleading statements about a major crisis to incite fear and panic.Kuzman noted that the Facebook post mentioning a gravesite in Narragansett seemed intended to provoke reactions from social media users. Nonetheless, investigators determined it did not constitute a crime.Read the rest of the report here... Tyler DurdenMon, 06/02/2025 - 22:3525:Tf1a,Lee currently holds a sizable lead in opinion polls. A Gallup poll reportedly showed that 49% of respondents were in favor of Lee becoming president. This compares with the 35% garnered by his closest rival, Kim Moon Soo.South Korea’s opposition party leader Lee Jae-myung is projected to win the country’s snap presidential election on Wednesday, according to a Gallup poll cited by Yonhap.An electoral win for the Democratic Party candidate would set him up to be the country’s next leader after ousted president Yoon Suk Yeol, and determine the trajectory of South Korea’s trade negotiations with the U.S., and policies on China and North Korea.Yoon was impeached after his short-lived declaration of martial law last December, and was removed from office by the country’s Constitutional Court in April. This triggered the snap presidential election.Lee, who lost to Yoon by a razor-thin margin in the 2022 presidential election, currently holds a sizable lead in opinion polling. The Gallup poll reportedly showed that 49% of respondents were in favor of the liberal candidate becoming president.This compares with the 35% garnered by his closest rival, Kim Moon Soo of the conservative People’s Power Party, which the former president Yoon was from.Lee’s eligibility for the presidency was in doubt after he was charged with breaching election laws, but a final ruling on the case had been postponed until after the election by South Korea’s High Court.Eurasia Group, a consultancy, shared the same views in a May 27 note, placing Lee as the “clear favorite” to win the election, putting his odds of victory at 80%. Eurasia said that while Lee had shifted his stance to the political center in a bid to attract independent and centrist votes, he is likely to pursue a more left-leaning agenda in office. “Key watchpoints include the size of a second supplementary budget and Lee’s approach to U.S. tariff negotiations,” the firm added.Eurasia predicted that if Lee is elected, he will contend with the dual challenges of reviving South Korea’s economy and completing a “package” agreement with the U.S. by July.“However, he has signaled a desire to move more slowly in talks with Washington and will likely seek to benchmark Korea’s deal against the terms negotiated by other countries, including Japan, before finalizing an agreement,” Eurasia noted.Lee had reportedly said on May 25 that the deadline for tariff talks with the U.S. should be extended. Seoul and Washington had agreed to craft a package of deals on tariffs by July 8.Separately, Goldman Sachs, in a May 27 note, also noted that both the PPP’s Kim and DP’s Lee share similarities in their goals, including economic growth, stable financial markets and improving housing affordability.However, some key differences, Goldman points out, are in their economic policy platforms on how to promote growth.“Mr. Lee advocates fiscal support for strategic industries, while Mr. Kim prefers revitalizing private entrepreneurship through deregulation and tax cuts. Mr. Lee aims to enhance equity markets through governance reforms while Mr. Kim wants to do it mainly through tax incentives.”Goldman assessed that fiscal policy — using government spending and taxation to influence the economy — under the DP’s Lee is likely to be more expansionary than under Kim, and that monetary policy by the Bank of Korea will likely partly offset the gap in fiscal policy.The BOK had recently cut rates last week to its lowest level since August 2022, saying it expects economic growth to “decline considerably.”Regardless of the election outcome, the South Korean won is likely to appreciate against the U.S. dollar “on declining policy uncertainties after the formation of a new government and broad USD weakness against Asian currencies,” Goldman added.26:T458,Apple Inc. (NASDAQ:AAPL) co-founder Steve Jobs' widow, Laurene Powell Jobs, seems to have endorsed a mysterious AI hardware device being developed by Jony Ive and OpenAI CEO Sam Altman.What Happened: In a Financial Times interview that was published on Monday, Ive reflected on his years designing the iPhone and its ripple effects on society."Many of us would say we have an uneasy relationship with technology at the moment," he said, referring to the harmful effects of technology like social media addiction. The former Apple design chief said that his work on the AI-powered device with Altman is driven by a sense that "humanity deserves better."See Also: Tesla’s Optimus May Be The First Humanoid Robot To Achieve High Volume And Tech Scale, Says Nvidia CEO Jensen Huang: ‘... Likely To Be The Next Multi-Trillion Dollar Industry’"If you make something new, if you innovate, there will be consequences unforeseen ... While some of the less positive consequences were unintentional, I still feel responsibility. And the manifestation of that is a determination ...Full story available on Benzinga.com27:T46c,TORONTO, June 02, 2025 (GLOBE NEWSWIRE) -- The Healthcare of Ontario Pension Plan (HOOPP) is pleased to announce the appointment of Reena Carter as Chief Financial Officer (CFO)."Reena has consistently demonstrated strong leadership and financial acumen, while making meaningful contributions to Canada's world-class pension industry over the course of her career," said Annesley Wallace, President and Chief Executive Officer, HOOPP. "On behalf of our Board of Trustees and senior leadership team, I would like to welcome Reena to the HOOPP team. I am confident she will play a key role in delivering on our strategy to ensure we fulfill our pension promise to our members."Ms. Carter joins HOOPP from the Ontario Municipal Employees Retirement System (OMERS), where she served as Senior Managing Director of Portfolio Management and Operations. In this role, she led all operational functions, portfolio construction and the sustainable investing strategy for OMERS Infrastructure globally.Since joining OMERS in 2003, Ms. Carter held progressively senior finance and audit roles, including ...Full story available on Benzinga.com28:T479,Fiverr (NYSE:FVRR) CEO Micha Kaufman isn't sugarcoating the reality of artificial intelligence. In a company-wide email that's been making waves online, Kaufman wrote plainly: “AI is coming for your jobs. Heck, it’s coming for my job too. This is a wake-up call.”Speaking Frankly About the Future of WorkIn a CBS News interview on May 21, Kaufman said the email was a response to growing unease among his team. “They weren't really waiting for my email,” he said. “This email was a validation of the things that they feel. And it was all about, you know, talking openly and directly to our team, like grown-ups.”Don't Miss:Invest where it hurts — and help millions heal: Invest in Cytonics and help disrupt a $390B Big Pharma stronghold.Hasbro, MGM, and Skechers trust this AI marketing firm — Invest before it's too late.Kaufman's message wasn't about fear—it was about urgency. He encouraged employees to embrace AI as a tool to increase output and quality, saying it should feel like gaining “superpowers.”“My expectations are double or triple the output per unit of time, and ...Full story available on Benzinga.com29:T6ad,NEW YORK, June 02, 2025 (GLOBE NEWSWIRE) -- Pomerantz LLP announces that a class action lawsuit has been filed against Canopy Growth Corporation ("Canopy" or the "Company") (NASDAQ:CGC) and certain officers. The class action, filed in the United States District Court for the Eastern District of New York, and docketed under 25-cv-01877, is on behalf of a class consisting of all persons and entities other than Defendants that purchased or otherwise acquired Canopy securities between May 30, 2024 and February 6, 2025, both dates inclusive (the "Class Period"), seeking to recover damages caused by Defendants' violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 and Rule 10b-5 promulgated thereunder, against the Company and certain of its top officials.If you are an investor who purchased or otherwise acquired Canopy securities during the Class Period, you have until June 3, 2025 to ask the Court to appoint you as Lead Plaintiff for the class. A copy of the Complaint can be obtained at www.pomerantzlaw.com. To discuss this action, contact Danielle Peyton at newaction@pomlaw.com or 646-581-9980 (or 888.4-POMLAW), toll-free, Ext. 7980. Those who inquire by e-mail are encouraged to include their mailing address, telephone number, and the number of shares purchased. [Click here for information about joining the class action]Canopy, together with its subsidiaries, produces, distributes, and sells cannabis and hemp-based products for recreational and medical purposes. The Company's products include, inter alia, pre-rolled joints (i.e., cannabis cigarettes) and its Storz & ...Full story available on Benzinga.com2a:T1393,Palantir's Deepening Government Ties Spark Fears Of Centralized Surveillance On Friday the NY Times published a report highlighting the Trump administration's increasing use of software from data analysis firm Palantir, which has been deployed across at least four federal agencies for the stated purpose of increasing operational efficiency through data modernization.For now, each deployment of Palantir software is focused on department-specific services, but the fact that they're now embedded across multiple agencies - combined with Trump's March executive order calling for the federal government to share data across agencies - has raised concerns over whether the US government is laying the groundwork for what could become an interconnected and unified surveillance apparatus created by a company which has been in business with the government since 2008. Screenshot via USASPENDING.govOn Wednesday we noted that Fannie Mae, the quasi-government financial firm overseen by the Federal Housing Finance Agency (FHFA), announced a partnership with Palantir to detect mortgage fraud using the firm's proprietary technology, which includes some elements of artificial intelligence. According to the report, since Donald Trump took office Palantir has received over $113 million in government spending - which doesn't include a $795 million contract from the Department of Defense (DoD) awarded last week. According to the Times report (citing six alleged government officials and Palantir employees), the company is also in discussions with the Social Security Administration and the Internal Revenue Service (the latter of which contracted with Palantir during the Biden administration). Former Employees RevoltPalantir was founded in 2003 by Alex Karp and Trump ally Peter Thiel, and specializes in finding patterns in data and streamlining it into easily presentable formats. While Thiel is clearly a conservative, Karp - a self-described "socialist" who voted for Hillary Clinton, bragged about stopping the "far right" in Europe. CIA agent and head of Palantir Alex Karp says his company’s software “single-handedly” stopped the “far right” in Europe.Founded in 2003 with funding from the CIA’s In-Q-Tel program, Palantir’s only client before 2008 was the CIA. pic.twitter.com/Shq0uA5x16— Reed Cooley (@ReedCooley) May 31, 2025Via @ReedCooleyAnd so it's of little surprise that employees would flip out and leave over Palantir's recent $30 million contract with ICE to build a platform to track migrant movements in real time. (Palantir notably designed software for the Israel Defense Forces (IDF) to identify and track Hamas targets).This month, 13 former employees signed a letter urging Palantir to stop its endeavors with Mr. Trump. Linda Xia, a signee who was a Palantir engineer until last year, said the problem was not with the company’s technology but with how the Trump administration intended to use it.“Data that is collected for one reason should not be repurposed for other uses,” Ms. Xia said. “Combining all that data, even with the noblest of intentions, significantly increases the risk of misuse.”...Ms. Xia said Palantir employees were increasingly worried about reputational damage to the company because of its work with the Trump administration. There is growing debate within the company about its federal contracts, she said.“Current employees are discussing the implications of their work and raising questions internally,” she said, adding that some employees have left after disagreements over the company’s work with the Trump administration.Last week, a Palantir strategist, Brianna Katherine Martin, posted on LinkedIn that she was departing the company because of its expanded work with ICE. -NY TimesAccording to Xia's letter, "We no longer believe Palantir’s executives are upholding these values. By supporting Trump’s administration,Elon Musk’s DOGE initiative, and dangerous expansions of executive power, they have abandoned their responsibility and are in violation of Palantir’s Code of Conduct.""As Musk’s DOGE operation dismantles U.S. government institutions under the guise of exposing corruption, opposition remains silent. Companies are placating Trump’s administration, suppressing dissent, and aligning with his xenophobic, sexist, and oligarchic agenda.Government databases are already erasing references to transgender people and gender-affirming care.These injustices could be facilitated by the very software infrastructure we help build."Palantir RespondsIn response to the Times, Palantir pointed to a blog post on how the company handles data, which reads: "We act as a data processor, not a data controller." "Our software and services are used under direction from the organisations that license our products: these organisations define what can and cannot be done with their data; they control the Palantir accounts in which analysis is conducted."What say you? Tyler DurdenSun, 06/01/2025 - 22:452b:T42f,Leading cryptocurrencies were in the green on Sunday, stock futures dipped amid concerns that trade hostilities between the U.S. and China would resume.CryptocurrencyGains +/-Price (Recorded at 9:30 p.m. ET)Bitcoin (CRYPTO: BTC)+0.97%$105,427.19Ethereum (CRYPTO: ETH) +0.21%$2,529.68Dogecoin (CRYPTO: DOGE) +1.00%$0.1931What Happened: Bitcoin traded in the $105,000 range for most of the day, while Ethereum remained in the $2,500 range. Trading volumes for both blue-chip currencies declined significantly in the last 24 hours.The apex cryptocurrency ended May with returns of nearly 11%, higher than the average return of 8.18% for the month. ETH surged 40.84%, snapping a five-month-long losing streak.About $147 million was liquidated from the cryptocurrency market in the last 24 hours, with nearly equal amounts of longs and shorts erased.Bitcoin’s Open Interest rose 1.62% in the last 24 hours. Over 50% of Binance traders with open BTC positions were long as of this writing.The “Greed” sentiment rose sharply from 56 ...Full story available on Benzinga.com2c:Tc2e,This is CNBC’s live blog covering European financial markets.Wider markets: Gold and oil prices climbSpot gold prices are up by around 1.5% ahead of the stock market open at $3,337 an ounce, the highest level for a week.The market safe haven may be holding more appeal as investors ponder whether U.S. President Donald Trump will take even more aggressive tariff action against certain countries and sectors, and as fighting escalates in the Russia-Ukraine war.Vadimrysev | Istock | Getty ImagesOil prices are also gaining — ICE Brent Crude futures with August expiry are trading 2.29% higher at $64.22 per barrel. Producer association OPEC+ on Saturday announced a supply increase of 411,000 barrels per day for July, similar to its hikes in May and June.ING strategists Warren Patterson and Ewa Manthey said in a Monday note that prices may nonetheless be rallying because there were suggestions the supply increase could have been even bigger.— Jenni ReidFrance’s Sanofi to buy U.S. pharmaceutical firm Blueprint for $9.1 billionFrench pharmaceutical group Sanofi announced this morning that it will acquire Massachusetts-based Blueprint Medicines Corporation for an equity value of $9.1 billion, a move to expand its portfolio in rare immunological diseases.Key to the deal is the drug Ayvakit/Ayvakyt, which has been approved in the U.S. and EU and is used to treat advanced and indolent systemic mastocytosis.— Jenni ReidEuropean stocks set for shaky startGood morning from London, where futures data from IG suggest stock markets will nudge higher at the open — following declines in France, Germany and Italy.U.S. tariffs will be in focus yet again this week, after President Donald Trump said Friday that he will double tariffs on steel imports from 25% to 50% on June 4. The European Union criticized the move over the weekend, saying it undermines wider trade negotiations and will lead to higher costs for businesses and consumers on both sides of the Atlantic.Investors will also be monitoring any developments in trade talks between the U.S. and China, which soured last week. National Economic Council director Kevin Hassett suggested Sunday that Trump and China’s President Xi Jinping could have a conversation as soon as this week.— Jenni ReidChina says the U.S. undermined Geneva trade deal after Trump accuses Beijing of violationsChina on Monday refuted Washington’s claims that it had broken the Geneva trade agreement, instead accusing the U.S. for breaching deal terms, signaling talks between the worlds top two economies have taken a turn for the worse.Trade frictions between Washington and Beijing have flared up after a hiatus following a meeting between U.S. Treasury Secretary Scott Bessent and his Chinese counterpart He Lifeng in Geneva, Switzerland, that had led them to suspend most tariffs on each other goods for 90 days.The Trump administration has ratcheted up export restrictions on semiconductor design software and chemicals to China, while announcing it would revoke visas for Chinese students, drawing ire from Beijing.Read the full story here.—Anniek Bao2d:T176b,This is CNBC’s live blog covering European financial markets.Mid-morning market movesThe mood in equities remains downbeat in Europe, with the regional Stoxx 600 index 0.25% lower at 10:30 a.m. U.K. time as investors eye the potential for escalating U.S.-EU tariffs. Autos stocks on the index are down 1.75%, technology stocks are down 1.2% and household goods are down 1%.Oil and gas stocks remain on the rise, moving in tandem with higher crude prices after OPEC+ announced a supply hike rate lower than some analysts expected.The Stoxx aerospace and defense index is 0.45% higher. Germany’s Hensoldt has jumped 11.6% after analysts at JPMorgan upgraded the stock to overweight from neutral.The sector is also getting a boost from U.K. Prime Minister Keir Starmer, who outlined a series of new defense spending commitments, including new attack submarines.— Jenni ReidNovo Nordisk shares climb 3% on easing compounder competitionHollie Adams | ReutersA box of Ozempic made by Novo Nordisk, at a pharmacy in London on March 8, 2024.Shares of Wegovy maker Novo Nordisk climbed 3% Monday as telehealth platform Hims & Hers is reportedly set to cut 4% of its workforce amid a U.S. ban on copycat weight loss drugs, according to Reuters.Danish pharmaceutical giant Novo has been battling a slowdown in sales in its largest market as a drug shortage ruling by the Food and Drug Administration had permitted the rise of cheaper compounded obesity drugs.The FDA declared the shortage over in February and gave compounding pharmacies until May 22 to cease selling copies of the drug. — Karen GilchristSterling ticks above $1.35 The British pound is up 0.7% against the U.S. dollar at 8:45 a.m. in London, nudging it back above the $1.35 level it has largely traded below for the last week.The euro is 0.75% higher on the greenback, which is suffering as trade tensions escalate.“Trump’s protectionist policies, speculated desire for a weaker [U.S. dollar] and tax bill seem to have accelerated the USD decline of late,” analysts at Maybank said Monday.“Trump’s capricious nature may continue to inject volatility in the markets but unlike past episodes of risk aversion, the USD was punished most discernibly as part of the “Sell America” narrative.”— Jenni ReidEuropean stock markets open lowerEuropean equities are seeing a broadly negative start to the new trading week and month.The regional Stoxx 600 index is down 0.18%, with France’s CAC 40 and Germany’s DAX lower by 0.43% and 0.22%, respectively. The U.K.’s FTSE 100, however, pushed 0.08% higher, helped by an 0.57% rise in oil and gas stocks as prices jump.Autos stocks fell 1.4% amid fears that a slew of recent developments in the Trump tariff story could lead to more stringent tariffs on the sector, particularly after the U.S. president unexpectedly announced a hike in steel duties to 50%. Risk-sensitive technology stocks dropped 1%.— Jenni ReidWider markets: Gold and oil prices climbSpot gold prices are up by around 1.5% ahead of the stock market open at $3,337 an ounce, the highest level for a week.The market safe haven may be holding more appeal as investors ponder whether U.S. President Donald Trump will take even more aggressive tariff action against certain countries and sectors, and as fighting escalates in the Russia-Ukraine war.Vadimrysev | Istock | Getty ImagesOil prices are also gaining — ICE Brent Crude futures with August expiry are trading 2.29% higher at $64.22 per barrel. Producer association OPEC+ on Saturday announced a supply increase of 411,000 barrels per day for July, similar to its hikes in May and June.ING strategists Warren Patterson and Ewa Manthey said in a Monday note that prices may nonetheless be rallying because there were suggestions the supply increase could have been even bigger.— Jenni ReidFrance’s Sanofi to buy U.S. pharmaceutical firm Blueprint for $9.1 billionFrench pharmaceutical group Sanofi announced this morning that it will acquire Massachusetts-based Blueprint Medicines Corporation for an equity value of $9.1 billion, a move to expand its portfolio in rare immunological diseases.Key to the deal is the drug Ayvakit/Ayvakyt, which has been approved in the U.S. and EU and is used to treat advanced and indolent systemic mastocytosis.— Jenni ReidEuropean stocks set for shaky startGood morning from London, where futures data from IG suggest stock markets will nudge higher at the open — following declines in France, Germany and Italy.U.S. tariffs will be in focus yet again this week, after President Donald Trump said Friday that he will double tariffs on steel imports from 25% to 50% on June 4. The European Union criticized the move over the weekend, saying it undermines wider trade negotiations and will lead to higher costs for businesses and consumers on both sides of the Atlantic.Investors will also be monitoring any developments in trade talks between the U.S. and China, which soured last week. National Economic Council director Kevin Hassett suggested Sunday that Trump and China’s President Xi Jinping could have a conversation as soon as this week.— Jenni ReidChina says the U.S. undermined Geneva trade deal after Trump accuses Beijing of violationsChina on Monday refuted Washington’s claims that it had broken the Geneva trade agreement, instead accusing the U.S. for breaching deal terms, signaling talks between the worlds top two economies have taken a turn for the worse.Trade frictions between Washington and Beijing have flared up after a hiatus following a meeting between U.S. Treasury Secretary Scott Bessent and his Chinese counterpart He Lifeng in Geneva, Switzerland, that had led them to suspend most tariffs on each other goods for 90 days.The Trump administration has ratcheted up export restrictions on semiconductor design software and chemicals to China, while announcing it would revoke visas for Chinese students, drawing ire from Beijing.Read the full story here.—Anniek Bao2e:Td83,From Taxation To Confiscation: Europe's Wealth Exodus & The Coming Asset Seizure Authored by Chris MacIntosh via InternationalMan.cm,Incoming...Theft, that is.Consider that the deindustrialisation of the communist union of Europe continues apace and with it the acceleration of the bankruptcy.Of course, the blow dried TV robots won’t tell you this, but...The next step in this process is asset seizure.Remember when they first printed trillions and told us inflation was “transitory?”Now, they’re taxing trillions and telling us taxes are transitory.France just announced new tax hikes. Italy is raising capital gain taxes from 26% to 42%. The UK got rid of their “non-dom” rules essentially destroying tax incentives, and across the rest of Europe it’s plain wealth taxes.Norway showed us how this will transpire. The muppets in power there raised wealth taxes to bring an additional $146 million in yearly tax revenue. Instead, individuals worth $54 billion left the country, leading to a loss of $594 million in yearly wealth tax revenue. A net decrease of $448 million.Spain just recorded 1,000 fewer high-net-worth taxpayers. It was the first negative millionaire migration for the country since they imposed a wealth tax.Thousands of millionaires are leaving while (coincidentally) tax pressure is at all-time highs.Democracy is a joke. Who for example voted for higher taxes? Nobody of course, but the peasants will get them anyway.In the UK, it’s the same story. Millionaires and billionaires are escaping as fast as they can.Just in 2023, the UK lost around 12,500 high-net-worth individuals (HNWls). Another 9,500 more are expected to have left in 2024.The proposed solution? An exit tax for citizens leaving the country.Modern feudalism is already here in Europe.I don’t want to sound like a broken record, but the next steps are all too obvious. We’ve had inflation, taxation, and next comes confiscation.The first steps towards this have been taken. The requirement for all citizens to register all your assets in a central EU register to “help with financial transparency.”Eliminating cash is well underway.Your bank accounts, shares, cars, real estate, precious metals, works of art, that old bottle of plonk that might be worth a few hundred bucks... and crypto, of course. Be a good little peasant and register it all to “fight money laundering.”They’re going to seize it all. Watch!This brings me to Bitcoin...I haven’t spoken much about Bitcoin as it’s not in our portfolio. The reason is simple. Buying Bitcoin in your Interactive Brokers account means you’re losing the most critical value component of it: the ability to self custody. Buy Bitcoin and get it off exchanges. They can’t seize Bitcoin you self-custody.What will they do instead? Probably revoke your passport, which is another excellent reason to get more than one.* * *As governments tighten the screws—through inflation, taxation, and looming asset registries—the game is changing fast. The old playbook no longer works. What we’re witnessing isn’t just policy—it’s a full-blown clash of systems. If you see the writing on the wall and want to position yourself before the next phase hits, don’t miss our latest special report: Clash of the Systems: Thoughts on Investing at a Unique Point in Time. This isn’t business as usual. It’s survival thinking. Click here to read it now. Tyler DurdenSun, 06/01/2025 - 10:302f:T50d,NEW YORK, June 01, 2025 (GLOBE NEWSWIRE) -- WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of Everus Construction Group, Inc. (NYSE:ECG) between October 31, 2024 and February 11, 2025, both dates inclusive (the "Class Period"), including investors who held MDU Resources Group, Inc. ("MDU Resources") common stock as of October 21, 2024 and acquired Everus Construction common stock issued in connection with the spinoff of Everus Construction on or about October 31, 2024 (the "Spinoff"), of the important June 3, 2025 lead plaintiff deadline.SO WHAT: If you purchased Everus Construction common stock during the Class Period and/or held MDU Resources common stock and acquired Everus Construction common stock in connection with the Spinoff you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement.WHAT TO DO NEXT: To join the Everus Construction class action, go to https://rosenlegal.com/submit-form/?case_id=37947 or call Phillip Kim, Esq. toll-free at 866-767-3653 or email case@rosenlegal.com for information on the class action. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the ...Full story available on Benzinga.com30:Tc13,Mustached War-Monger Muses On Trump's Peace Efforts With Iran It's no surprise at all that the mainstream media continues featuring as 'experts' discredited war hawks and neocons who've gotten every war of the last 20 wars dead wrong - from Afghanistan to Iraq to Libya to Syria, and the list goes on.Former national security adviser John Bolton, who laughably deems himself a 'realist' - was interviewed by NewsNation's "On Balance" program Friday evening, and the question focused on President Trump's efforts to secure a fresh nuclear agreement with Iran, which several polls show has broad American public support.But mustached jingoist Bolton has blasted these efforts as "fruitless" and went so far as to lay out that if Israel pursues preemptive strikes on Tehran’s nuclear facilities, this would be entirely "warranted". Needless to say, Trump and Bolton long ago had a very public following out and war of words.Image via NewsNation"I think we’re really at a very important point here, whether, whether Trump is going to try and continue these negotiations, which I think are going to be completely fruitless, or whether Israel is going to do what it has to do to protect its very existence," Bolton said.Bolton himself has long had a hand in shaping Washington's vehement anti-Iran stance, and he certainly sided with the first Trump administration's decision to unilaterally pull out of Obama's 2015 JCPOA action deal, which collapsed in April of 2018 (upon the US pullout).President Trump has meanwhile declared that Iran has "sort of agreed to the terms" of a deal and will not make "nuclear dust" - an apparent reference to uranium enrichment. These words issued on his prior Gulf tour, and the statements of optimism since then, come as mixed signals continue being issued from Washington.Trump has also said of Tehran, "They don’t want to be blown up" and that "they would rather make a deal, and I think that could happen in the not-too-distant future."As for blowing things up, hawks like Bolton would certainly like to blow up or sabotage the prospects of a deal, but thankfully Trump has made sure he has nothing to do with his current administration, and even very early on in this administration removed Bolton's protective federal security detail.Many conservatives saw the danger Bolton posed to Trump policy the first time around, and tried to warn:John Bolton has been pushing for regime change in Iran for years.President Trump needs to fire this guy before we have Iraq 2.0. pic.twitter.com/D0I18wgl56— The Columbia Bugle 🇺🇸 (@ColumbiaBugle) May 15, 2019For now at least, Bolton has to be content to bloviate from the sidelines. There remain a number of Iran hawks within the administration, as well as in Congress.But this time around Trump's message has been peace around the globe through the 'art of the deal' and projecting strength - and he's so far shown patience on the Iran issue. "We're in very serious negotiations with Iran for long-term peace," he had informed Gulf leaders and the public this month. Tyler DurdenSat, 05/31/2025 - 22:4531:Tf07,DOE Cancels $3.7 Billion In Biden-Era Green Energy Awards Authored by Tom Ozimek via The Epoch Times,The Department of Energy has canceled 24 clean energy demonstration projects worth nearly $3.7 billion, citing concerns over financial viability, insufficient return on taxpayer investment, and a failure to meet the energy needs of Americans.Energy Secretary Chris Wright announced the decision on May 30, describing the awards as hastily approved in the final days of the Biden administration and misaligned with the Trump administration’s energy and economic priorities. The cancellations come after an internal review ordered earlier this month under a new departmental policy aimed at increasing accountability and rooting out waste in federally funded energy programs.“The Trump administration is doing our due diligence to ensure we are utilizing taxpayer dollars to strengthen our national security, bolster affordable, reliable energy sources and advance projects that generate the highest possible return on investment,” Wright said. “Today, we are acting in the best interest of the American people by cancelling these 24 awards.”According to a department list reviewed by The Epoch Times, the terminated awards include high-dollar carbon capture and industrial decarbonization projects involving firms such as ExxonMobil, Calpine, Heidelberg Materials, and Kraft Heinz. Sixteen of the 24 awards were signed between Election Day 2024 and Inauguration Day 2025.The rescinded projects span a range of industries and regions, including glass manufacturing facilities in Ohio, carbon capture efforts in Texas and California, and decarbonization initiatives at food production sites nationwide. The largest award canceled was a $500 million grant to Heidelberg Materials for a carbon capture project in Louisiana.The move follows a May 15 memorandum issued by Wright titled “Ensuring Responsibility for Financial Assistance,” which established new standards for evaluating financial assistance programs. Under the policy, DOE is now requiring detailed financial, technical, and legal documentation from all recipients and reserving the right to modify or terminate awards that fail to meet economic or national interest benchmarks.Earlier oversight efforts had flagged the risk of poorly vetted loans and grants under Biden-era programs. A November 2024 report from the DOE’s Office of Inspector General warned that the Loan Programs Office, which saw its authority balloon from $17 billion to more than $400 billion under the Inflation Reduction Act and other legislation, was under pressure to rapidly distribute funds before key deadlines expired. The report highlighted “significant risks” to taxpayers from rushed decision-making and insufficient vetting, particularly given the volume and complexity of applications.In two cases, the inspector general said DOE had already canceled nearly $400 million in grants awarded to entities with suspected ties to foreign adversaries. The watchdog urged the department to expand its applicant vetting capabilities and avoid what it described as a “pay and chase” model, where funds are disbursed before due diligence is complete.President Donald Trump has issued multiple executive orders aimed at boosting fossil fuel production and limiting public funding for climate initiatives or ones involving DEI mandates. The administration has also directed federal agencies to review all discretionary grants issued under the Biden administration, with a focus on clawing back funds where possible.In the case of the DOE, Wright said his department has already requested further documentation from 179 award recipients whose combined funding totals more than $15 billion. These reviews are ongoing and could result in further cancellations. 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