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A fascinating new book tells the story of “a long-term criminal conspiracy that spanned from Cambodia’s killing fields to the Upper East Side”
Various state laws govern which adults are required to report child abuse that they learn about on the job. More have recently added clergy to the list. Register for free to read the full story Photo: Getty Images
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In awe of SpaceX and its story - past, present and the future. You can think about it in 10+ different ways and continue re-blowing your mind in circles. Huge congrats to the team! 🚀
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SpaceX Starbase: Helping Lift Brownsville Out of Poverty and Bring Wealth to Local Families For many years, Brownsville and the Rio Grande Valley carried the difficult reputation of being among the poorest regions in the United States. High poverty rates shaped daily life for families across Cameron County for decades. In the 1990s, the area was even designated a federal Rural Empowerment Zone in recognition of these long-standing challenges. Today, the trajectory is changing. Poverty rates in Cameron County have been declining steadily. They fell from the mid-30s percent range around 2010 to 28.9% in the 2015–2019 period, and now stand at 24.8% according to the latest U.S. Census Bureau data (2020–2024 American Community Survey 5-year estimates). While the rate is still higher than state and national averages, the consistent downward trend reflects real, measurable progress. A New Wave of Investment and Job Creation Recent data from the Greater Brownsville Economic Development Corporation’s FY 2025 Annual Impact Report shows strong momentum. Between October 2024 and September 2025, the organization helped attract $183.7 million in new investment and supported the creation of 3,288 jobs. The report also shows 10,604 jobs retained during that period and 7,116 jobs already committed for 2026. *Greater Brownsville EDC FY 2025 Key Economic Highlights (see infographic below) These figures reflect broad economic activity across the region, with SpaceX’s Starbase playing a significant role as a major anchor project. Starbase has brought thousands of direct jobs to the area and has helped attract suppliers and related investment. This type of large-scale development is helping address long-standing needs for stable employment and skills development in Brownsville and surrounding communities. Local voices are also noticing the change. Former Brownsville City Councilwoman Jessica Tetreau, @JessicaTetreau at Starbase beach at sunset described the shift she has witnessed in her own community: “Before, in the past in Brownsville, people would talk about the brain drain, how all of our youth would have to leave to San Antonio, to Austin to find jobs… And now these young people that are from the community are finding these amazing jobs.” She shared that in her own neighborhood, parents are now working at SpaceX, and children are growing up excited about launches and rocket engineering, “just like their fathers.” “The kids that are graduating from UTRGV and local universities, they’re coming to work here. It’s really exciting. Engineering is now one of the hottest and exciting things to have in this area.” Direct Support for Education and Downtown Renewal In addition to job creation, there has been targeted investment in the community’s future. In 2021, Elon Musk and the Musk Foundation committed $30 million to the area. $20 million to schools across Cameron County and $10 million for the revitalization of downtown Brownsville. Brownsville Independent School District received more than $2.4 million of the school funding. The money has supported the expansion of Career and Technical Education programs, helping prepare young people for the skilled jobs now available locally. The downtown portion included a $1 million grant to the Brownsville Community Improvement Corporation to strengthen the historic core of the city. Below are a few photos I took while touring downtown Brownsville with Jessica Tetreau right after Starship Launch 12, showing the renewed energy through spots like Main Street Deli, a local bookstore, and Dodici Pizza & Wine. A Community Moving Forward Brownsville has always been a resilient place. In recent years, it has gained access to meaningful new employment opportunities, investment in education, and visible improvements in its downtown. These developments are helping lift families, create local wealth, and support the renewal of the community. Challenges remain, as they do in any place working to overcome long-term economic hardship. But the direction is positive. New jobs are being created, young people are gaining access to better training, and the heart of the city is showing signs of renewal. This is the quieter but very real story of progress happening in Brownsville today that legacy media will keep quiet about.
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Kevin Warsh's view is clear: AI will eventually force interest rates lower because it will be highly deflationary. "AI is going to make almost everything cost less. We're at the front end of a productivity boom." The problem is that today's economy is telling a different story. Inflation is at 4.2%, its highest level in three years. Tensions with Iran continue to threaten oil supplies. The labor market remains strong. AI may be deflationary in the long run, but the Fed has to deal with today's inflation first. I don't expect a single rate cut before the end of 2026.
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A Kobold Story : Trenchcoat Adventurer the classic designed dungeon crawler that changes what you think about the genre now has The Full 1.0 Release now available on steam for PC. Mac version coming shortly. Supporting Indies has never been so much fun. Pick up a copy today. Handcrafted Levels, Human Art, Randomized Loot and difficulty settings for replay-ability. Lets you play as a cozy game or a hardcore min / max crawler experience. Bringing back the concept of Shareware the entire 1st chapter is playable as the Demo. Try before you Buy. Indies change the game. Support your favorite indie today.
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For enthusiasts, the newsy headlines about the World Cup are not the real story. The tournament is only superficially a pageant for the powerful; underneath it is a tacit conspiracy against them
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Almost 12 years ago, I left @DRWTrading with @wesarn_real to start @digitalasset. @ShaulKfir joined us shortly after. The name felt right. The idea was simple but audacious: build a global settlement system that is asset agnostic. One that doesn’t eliminate banks, exchanges, and intermediaries, but tears down the barriers keeping people from accessing assets and settling at a fraction of today’s cost. A new financial world, built for the end consumer. We knew institutional adoption was the path. We just didn’t know how long it would take. We failed. We made bad decisions. There are things we would have done differently. But we never let go of our North Star, even when people around us were convinced we had no idea what we were doing. That focus, conviction, and most of all, patience, led us to launching @CantonNetwork. And the results speak for themselves. Today is a new chapter in that story. I’m proud to announce that @a16zcrypto is leading our latest round, joined by some of the giants of the global financial system, including @ABNAMRO, ADIA, @apolloglobal, @BNPParibasCIB, @Broadridge, @citsecurities, @CMEVentures, @cbventures, Green Wolf Asset Management, @Hanwha_Official, @HSBC, @icapitalnetwork, @LCVentures, @OptiverGlobal, @polychain, @R136Ventures, @SPGlobal, @sbigroup, @smash_capital, @SoFi, @Tradeweb, and @WilliamBlair, and others we’ll be naming shortly. Twelve years ago, I could not have imagined building alongside partners of this caliber. $CC today processes the highest fees of any institutional blockchain network. And we’re just getting started. What’s coming later this year is just as exciting. None of this happens without the builders, the ones who show up to weekly tokenomics meetings, dial into operations subcommittees, spend nights and weekends building apps on Canton, and show up on @X to cheer this ecosystem forward. You are not just supporters. You are partners. I’m honored to be on this journey with you. On a personal note: @a16z hits differently for me. Ben’s book The Hard Thing About Hard Things was one I kept coming back to during the hard stretches. Having his firm lead this round is meaningful in a way that’s hard to put into words. So I’ll let him do it: “The hard thing isn’t setting a big, audacious goal. The hard thing is spending sleepless nights trying to achieve it. The hard thing isn’t dreaming big. The hard thing is waking up in the middle of the night in a cold sweat when the dream turns into a nightmare. Motivating yourself by watching YouTube shorts or Instagram reels isn’t the hard thing. The hard thing is working every day and being consistent even if you feel like shit. The hard thing isn’t boasting you could achieve anything. The hard thing is working like hell to achieve something. The hard thing isn’t believing in yourself. The hard thing is getting things done when nobody believes in you, even when you doubt yourself. The hard thing isn’t telling yourself that you must achieve the impossible. The hard thing is toiling hard every day for years despite knowing that success is too uncertain.”
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🚨 Reporter asks Ronaldinho which country he would support to win the FIFA World Cup apart from Brazil: 🎙️ Reporter: “Ronaldinho, if Brazil don’t win the FIFA World Cup, who would you like to see become champions?” 🗣️ Ronaldinho: “First of all, I hope Brazil wins it. That’s my country and that will never change. But if Brazil can’t do it, I’d probably choose Portugal.” 🎙️ Reporter: “Why Portugal?” 🗣️ Ronaldinho: “Because I think they have a fantastic generation of players and they have been competing at the highest level for many years. They’ve won major trophies and they’ve built a very strong football culture. I also think they’ve been very close to achieving something special on several occasions.” 🎙️ Reporter: “Is Cristiano Ronaldo part of the reason?” 🗣️ Ronaldinho: “Of course. Cristiano is one of the greatest players football has ever seen. What he has achieved throughout his career is incredible. His dedication, discipline and consistency over so many years deserve enormous respect. Every player understands how difficult it is to stay at the top for that long. Cristiano has done it better than almost anyone.” 🎙️ Reporter: “So you would like to see Ronaldo win the FIFA World Cup?” 🗣️ Ronaldinho: “Yes. Brazil comes first for me, always. But if Brazil doesn’t win it, seeing Portugal lift the FIFA World Cup and Cristiano complete his football story on the biggest stage would be something very special for football.” {@beINSPORTS_EN }
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Housing affordability in China’s top cities is completely broken. Shenzhen now tops the list at 26x income. Beijing: 22x. Shanghai: 21x. Hong Kong: 16.7x. That means even compared with famously expensive cities like Sydney (13.8x), San Jose (11.4x), Vancouver (11.8x), and London (8.1x), China’s biggest urban centers look far more stretched. This is what happens when housing stops being shelter and becomes the core speculative asset of an entire economic model. The real story is what this says about distorted capital allocation, crushed household balance sheets, and why the property downturn is such a structural threat to China’s economy.
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