What happens when you combine an uncertain macro environment with an incredibly certain investor base? You get a whole lot of volatility, according to Richard Bernstein.
Bernstein is the CEO and Chief Investment Officer at Richard Bernstein Advisors. He joins Ricky Mulvey for a conversation about:
- Trade wars
- Degloblalization
- The crypto industry
- And how investors ought to make sense of the news.
The Department of Homeland Security makes cuts to its office for civil rights and civil liberties and other oversight offices, saying these offices slow down enforcement. Immigration officials at checkpoints are detaining travelers to the US over what were once minor visa violations. Sudan's military has retaken the seat of the country's government after nearly two years.
We meet the man behind A Mug of Life, who says chatting to strangers has made his life better, and everyone should try it. Also: why trusting the kindness of others makes you happier; and a retirement home for penguins.
Introducing a new podcast from LA Times Studios and award-winning L.A. Times columnist Sammy Roth, Boiling Point, where Sammy breaks down the many complexities of today's climate challenges and solutions with top experts in the field. In this episode comedian Esteban Gast talks with Sammy about using humor to alleviate climate anxiety, while making clean energy and other environmental solutions more interesting — and even fun. From punchlines to policy, they explore laughter as a powerful tool for change.
President Trump makes a pivot from Bitcoin to stablecoins in his latest policy statements. Reality check: stablecoins now account for over 50% of all crypto settlement volume, with Tether becoming the 7th largest holder of US Treasuries globally. We break down how stablecoins are being used in emerging markets, why Tron dominates the stablecoin landscape despite centralization concerns, and what this means for Bitcoin's relationship with the traditional financial system.
Notes:
- Tether is 7th largest buyer of US treasuries globally
- Stablecoins now 50% of all crypto settlement volume
- Tether holds $113 billion in treasuries
- Tron handles ~40% of stablecoin transactions
- Tether earns ~$4 billion yearly on Treasury yields
- Trump now promoting stablecoins for dollar dominance
Check out our Bitcoin scaling conference! Visit opnext.dev to learn more.
Timestamps:
00:00 Start
00:34 Trump video
03:09 Reaction
06:53 Tether buying treasuries
11:08 Other stablecoins
17:35 Arch Network
18:05 The Tether Eye of Sauron
20:10 Who's using stablecoins
22:18 Where are stablecoins traded?
26:31 Volume of all crypto transactions compared
32:33 A realistic view
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Reset checks in with a panel of Chicagoans — whose jobs were considered essential during the COVID-19 shutdown in 2020 – for their reflections on the fifth anniversary of the lockdown. They also discuss how that “essential” label has transferred to today. The panel included Sharif Nassr, founder and CEO of the children’s nursery Caterpillar Care Chicago; Hannah Chavez, who was employed as a Whole Foods grocery store worker in 2020; and Elise Foster, president of Branch 11 of the National Association of Letter Carriers union.
For a full archive of Reset interviews, head over to wbez.org/reset.
Big-time college football promises prestige, drama, media attention, and money. Yet most athletes in this unpaid, amateur system encounter a different reality, facing dangerous injuries, few pro-career opportunities, a free but devalued college education, and future financial instability. In one of the first ethnographies about Black college football players, anthropologist Tracie Canada reveals the ways young athletes strategically resist the exploitative systems that structure their everyday lives.
Tackling the Everyday: Race and Nation in Big-Time College Football(University of California Press, 2025) shows how college football particularly harms the young Black men who are overrepresented on gridirons across the country. Although coaches and universities constantly invoke the misleading "football family" narrative, this book describes how a brotherhood among Black players operates alongside their caring mothers, who support them on and off the field. With a Black feminist approach—one that highlights often-overlooked voices—Canada exposes how race, gender, kinship, and care shape the lives of the young athletes who shoulder America's favorite game.
Tracie Canada is the Andrew W. Mellon Assistant Professor of Cultural Anthropology at Duke University. Her work has been featured in public venues and outlets such as the Museum of Modern Art, The Guardian, and Scientific American.
Reighan Gillamis Associate Professor in the Department of Latin American, Latino, and Caribbean Studies at Dartmouth College. Her research examines the ways in which Afro-Brazilian media producers foment anti-racist visual politics through their image creation. She is the author of Visualizing Black Lives: Ownership and Control in Afro-Brazilian Media (University of Illinois Press).
Measles is said to be the most contagious virus on Earth, so during this latest outbreak, we're discussing the real-world impacts, what's different about this year's surge, and what everyone needs to know to stay protected.
You’ll hear from an epidemiologist about the science and broader implications, then later, we get a frontline look at how a rural Texas hospital is responding.
On this week's "CBS News Weekend Roundup", host Peter King gets the latest on the court battle over the Trump administration deporting more than 200 people last week from CBS News White House correspondent Nancy Cordes. CBS's Linda Kenyon reports on President Trump's executive order to abolish the Department of Education. And on this week's Kaleidoscope segment, CBS News correspondent Allison Keyes speaks with David Bier, director of immigration studies at the Cato Institute, about the Trump administration's deportations.