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Greg Ip explains how targeted price jumps in eggs, beef, housing, and more outstrip income gains, leaving first-time homebuyers and renters strained—half now spend over 30% of income on housing alone. Quick policy ideas like tariffs, rent controls, or rate cuts carry risks of recession or renewed inflation, he warns. Leaders like President Trump and NYC Mayor-elect Zohran Mamdani highlight the issue, while many call for bold changes from market shifts to reforms ending the Fed or curbing investor home buys.

Key Takeaway

Families feel the pinch from higher housing, groceries, and everyday bills, even as wages slowly rise and inflation eases. A top economist asks if real relief is possible without bigger problems down the road.

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The Venezuelan gang Tren de Aragua, linked to home invasions, gang clashes, extortion, and drugs across Latin America, has built a small network in Utah's Salt Lake and Utah counties. Chief of Investigations Tanner Jensen says they number only in the dozens and won't dominate local crime, but their violent tactics raise concerns. No new orders to target police have hit Utah, though officials track the group closely and urge residents to report tips. Governor Spencer Cox launched a 2024 deportation effort against criminal migrants after the gang appeared.

Key Takeaway

Law enforcement in Salt Lake City spots dozens of Tren de Aragua members turning up in street crimes and violence, a trend that started in early 2024.

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The parade returned after three years, featuring air shows and cultural performances to commemorate the 1878 unification of Qatar's tribes under Sheikh Jassim bin Mohammed Al Thani. Sheikh Tamim extended warm greetings for security and prosperity, while world leaders like UAE's Sheikh Mohamed bin Zayed and Pakistan's Shehbaz Sharif sent messages praising strong ties and shared progress. The holiday, official since 2007, highlights Qatar National Vision 2030 amid fireworks and festivities across Doha.

Key Takeaway

Crowds lined the Doha Corniche, waving maroon and white flags as military formations marched and aircraft soared overhead. His Highness Sheikh Tamim bin Hamad Al Thani joined the celebration, honoring a legacy of unity and progress.

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On January 18 in Kurmin Wali village, armed bandits abducted 163 to 177 people from two Cherubim and Seraphim churches and one ECWA congregation around 9-10 a.m., with 9 to 11 escaping soon after. Kaduna police first denied the reports but confirmed them after verification, launching operations while noting the captives' location is known but blocked by human shields. Bandits demanded 250 million naira and 20 motorcycles from the village head, accusing locals of stealing bikes; no ransom has been paid. Escaped mother Lovina Ezekiel lost her two-week-old baby in the chaos and fears for her husband and five children still held, as families sleep in the bush amid trauma.

Key Takeaway

Gunmen stormed three churches during Sunday services, herding worshippers into the bush as families watched in horror. Nine days later, more than 160 remain captive.

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Protests swept major Iranian cities like Tehran, Isfahan, and Mashhad after the currency plunged to 1.42 million rials per dollar, with inflation over 42% and food prices up 70%. Bazaars shut down, crowds chanted against the dictator and for the exiled Reza Pahlavi, facing tear gas and gunfire in places like Hamadan. Israel's Mossad posted support from its Farsi X account, sparking talk of agents on the ground, while critics worry it might undermine the movement; the unrest is Iran's largest in three years amid sanctions and mismanagement.

Key Takeaway

As the Iranian rial hit a record low, Mossad made a rare public plea in Farsi: 'Let's come out to the streets together. We are with you in the field.'

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Fuse, a Solana-powered finance app from Squads Labs, took top honors at the inaugural 2025 Expo App Awards, beating over 1,200 entries worldwide. It simplifies onchain finance with features like zero-fee token swaps, yield-earning stablecoins, and a virtual Visa debit card usable in 18 countries—no seed phrases needed. The win sparked cheers from Solana developers and the community, highlighting how Fuse turns clunky crypto into a seamless mobile experience. Squads Labs sees it as a milestone toward mainstream consumer finance.

Key Takeaway

When Fuse Wallet was named App of the Year, team members lit up with joy, thanking their incredible crew and the Expo team. It felt like a well-earned high-five for making crypto simple and fun for everyone.

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Fuse, a Solana-powered finance app from Squads Labs, took top honors at the inaugural 2025 Expo App Awards, beating over 1,200 entries worldwide. It simplifies onchain finance with features like zero-fee token swaps, yield-earning stablecoins, and a virtual Visa debit card usable in 18 countries—no seed phrases needed. The win sparked cheers from Solana developers and the community, highlighting how Fuse turns clunky crypto into a seamless mobile experience. Squads Labs sees it as a milestone toward mainstream consumer finance.

Key Takeaway

When Fuse Wallet was named App of the Year, team members lit up with joy, thanking their incredible crew and the Expo team. It felt like a well-earned high-five for making crypto simple and fun for everyone.

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Warren Buffett, in his November 10, 2025, shareholder letter marking his transition from Berkshire Hathaway leadership, rejected Bitcoin as a speculative asset without intrinsic value, stating he would not buy all existing Bitcoins for $25. Robert Kiyosaki, author of 'Rich Dad Poor Dad,' responded on X by defending Bitcoin as 'people's money' resistant to central bank manipulation and criticizing Buffett for ignoring traditional finance's flaws. Social media reactions reflect a split, with traditional investors aligning with Buffett's caution amid Bitcoin's flat year-to-date performance near $93,000, while supporters highlight its role as a hedge against fiat devaluation.

Key Takeaway

In his farewell shareholder letter, 95-year-old investing icon Warren Buffett slammed Bitcoin as worthless speculation, but 'Rich Dad Poor Dad' author Robert Kiyosaki fired back, championing it as unbreakable people's money against fiat's endless print.

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Warren Buffett, in his November 10, 2025, shareholder letter marking his transition from Berkshire Hathaway leadership, rejected Bitcoin as a speculative asset without intrinsic value, stating he would not buy all existing Bitcoins for $25. Robert Kiyosaki, author of 'Rich Dad Poor Dad,' responded on X by defending Bitcoin as 'people's money' resistant to central bank manipulation and criticizing Buffett for ignoring traditional finance's flaws. Social media reactions reflect a split, with traditional investors aligning with Buffett's caution amid Bitcoin's flat year-to-date performance near $93,000, while supporters highlight its role as a hedge against fiat devaluation.

Key Takeaway

In his farewell shareholder letter, 95-year-old investing icon Warren Buffett slammed Bitcoin as worthless speculation, but 'Rich Dad Poor Dad' author Robert Kiyosaki fired back, championing it as unbreakable people's money against fiat's endless print.

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