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When President Donald Trump announced ‘TrumpRx’ in early February, a weight I’ve carried my entire adult life suddenly lifted from my shoulders. The website offers life-saving medications at much lower prices than normal, based on the president’s promise to give Americans the same prescription drug costs as patients in other developed countries. I can personally attest that such equal treatment — a policy known as ‘most favored nation’ pricing — is urgently needed for people who struggle with chronic disease.

I’ve had debilitating asthma since I was a child. I’ve been able to manage it thanks to a prescription drug which blocks lung inflammation and keeps my airways open. The few times I’ve gone off the medication, I’ve ended up in the emergency room, unable to breathe. That nearly happened four years ago in what I thought was the worst possible place — on the other side of the world, unable to contact my doctors or go to my pharmacy.

My family and I were in Italy, on a trip to honor my mother. She had recently been diagnosed with cancer and my brother and I scheduled the trip in between her chemo treatments, when she would be well enough to travel. She had always wanted to go there with us. But in our rush to get two families and three little kids packed, I accidentally grabbed a nearly empty inhaler.

I realized my mistake a few days into the trip, when I looked at the inhaler and saw that I only had two doses left. I wasn’t just worried about my health, though, of course, that was paramount. I worried how I’d afford the drug if I even found it in Italy.

I’ve organized my professional life around access to insurance that covers my medication, given its longstanding retail price $600 for a month’s supply. For 25 years, I’ve grappled with denied coverage letters, premium tier prescription charts and the constant worry that we would have to cut back on necessities to get my medication. At the time, in Italy, I was already paying a few hundred dollars a month for the drug — a lot, but a bargain compared to its normal price.

But I had no choice. I had to get my medication. After a few minutes of searching, I found an Italian pharmacy across town. I walked there immediately, trying to control my racing thoughts of what might happen. I knew that if I couldn’t get the drug, I couldn’t get safely back to the U.S.

Fifteen minutes later, in tears I walked out, drug in hand. It cost me only 30 euros or about $35.

At first, I was both relieved and grateful. But by the end of the day, I was scratching my head. Why was it $600 in the U.S. while Italians could get it for next to nothing? In the days that followed, I discovered that the answer is beyond complicated.

 GLP-1 drugs can be ‘too easy’ to get online, expert warns

It’s affected by everything from a lack of price transparency to the meddling of middlemen who jack up costs. It’s also true that foreign countries have been negotiating the prices of prescription drugs for decades, forcing Americans to cover the enormous cost of pharmaceutical development while they pay far below market prices.

Whatever the reason, the system doesn’t work for Americans. Brand name prescription prices in the U.S. are more than four times higher than prices in other wealthy countries. As many as 18 million Americans have struggled to buy the prescriptions they need in recent years.

I’m now using a generic version of the drug that costs significantly less. But that doesn’t change the fact that I, like many other Americans with chronic disease, have paid through the nose for decades on end, only to find the medication I needed in Italy for what seemed like pennies.

I wasn’t just worried about my health, though, of course, that was paramount. I worried how I’d afford the drug if I even found it in Italy.

Trump is fighting to fix this broken system. Before launching TrumpRx, he reached 16 deals with pharmaceutical companies to charge most-favored-nation prices. As a lifelong conservative, I’m typically uncomfortable with this kind of government intervention in the market. But other countries have already intervened and people like me have paid the price.

If pharmaceutical companies need the extra money, they should take it up with other countries that negotiated them down first. Then they could recoup their costs on the backs of others, not simply by charging more in the U.S. Bottom line, there’s no good reason why 340 million Americans should pay so much more than hundreds of millions of people who live in Europe and Asia.

I will always be grateful that my medication was so affordable in Italy back in 2022. It may very well have saved my life. But I’m even more grateful that President Trump is finally lowering prices for every American here at home.


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Ex-Victoria’s Secret mogul Les Wexner’s lawyer was caught on a hot mic jokingly threatening to ‘kill’ him if he continued giving long answers to questions during his deposition on Jeffrey Epstein by the House Oversight Committee.

The moment was caught after the committee released its full, nearly five-hour deposition of 88-year-old Wexner as part of its ongoing probe into Jeffrey Epstein’s network.

Several hours into the deposition, while Wexner was giving a particularly long-winded answer, Wexner’s attorney leaned over to him and whispered in his ear, ‘I’m going to f—ing kill you if you answer another question with more than five words, okay?’

Both Wexner and his attorney laughed after this statement, indicating Wexner understood it as a joke. The lawyer proceeded to instruct Wexner to ‘answer the question,’ laughing more.

Shortly before this exchange, the attorney had urged Wexner to ‘answer the question,’ saying, ‘I’m sure we all appreciate the stories, we’re just trying to answer questions that they actually want answered,’ referring to the House committee.

The Oversight Committee heard from Wexner, a billionaire fashion mogul best known for his work in revolutionizing the Victoria’s Secret store chain, about his involvement with Epstein, whom Wexner characterized as strictly a business associate rather than a close friend.

Despite being named a co-conspirator in a recently uncovered FBI document from 2019, Wexner said that he has never been directly contacted by either the FBI or the Department of Justice. He maintained his total innocence during the deposition, saying, ‘I was naïve, foolish, and gullible to put any trust in Jeffrey Epstein. He was a con man. And while I was conned, I have done nothing wrong and have nothing to hide. I completely and irrevocably cut ties with Epstein nearly twenty years ago when I learned that he was an abuser, a crook, and a liar.’

The committee stated it was releasing the full deposition with ‘no spin,’ saying, ‘The American people deserve to see the testimony for themselves—transparency matters.’

Wexner is the founder of L Brands, formerly called The Limited, through which he acquired well-known companies Victoria’s Secret, Bath & Body Works, Express, and Abercrombie & Fitch, among others. He is no longer associated with Victoria’s Secret. He was one of Epstein’s first major clients as a financial advisor, with Epstein being granted power of attorney over Wexner’s vast wealth. Wexner also sold his Manhattan townhouse to Epstein, which was later discovered to be one of the locations where federal authorities accused Epstein of abusing young women and girls under 18.

Despite this, Wexner stated that he always kept his relationship with Epstein as strictly professional, saying, ‘I don’t think I ever went to lunch, or dinner, a movie or had a cup of coffee with Jeffrey,’ adding, ‘My focus was on my business and on community.’

Wexner said he severed ties with Epstein in 2007 after learning of an investigation and discovering that Epstein had misappropriated funds from him and his family. He said a substantial amount of the money was returned. 

Wexner also testified that he was not aware of Epstein ever staying at a guesthouse on his New Albany, Ohio, estate, where Maria Farmer is said to have been abused by Epstein and associate Ghislaine Maxwell. He maintained that he only had knowledge of Epstein staying at a nearby neighbor’s residence. Pressed on whether he denies Farmer’s testimony that she was abused on his property, he stated, ‘I never met her, didn’t know she was here, didn’t know she was abused.’

He categorically denied any knowledge of either Epstein or Maxwell arranging women for prominent individuals. He also categorically denied ever having a sexual encounter with anyone introduced by Maxwell and Epstein or having any sexual relationship with Epstein himself.

He further denied any sexual contact or knowledge of another prominent Epstein victim, Virginia Giuffre.

Wexner was also asked about his knowledge of Epstein and President Donald Trump’s relationship. He said that he does not think they were friends, but said Epstein ‘held him out as a friend.’

Committee members also questioned Wexner on a note he wrote in a birthday book to Epstein in which he drew breasts with the caption, ‘Dear Jeffrey, I wanted to get you what you want, so here it is … Your friend, Leslie.’

Wexner confirmed that he wrote the note but dismissed it, saying, ‘He was a bachelor, so I drew a pair of boobs as kind of a joke, offhandedly, I would say.’

Wexner is the fourth person appearing before the House Oversight Committee in its Epstein probe.

Fox News Digital’s Liz Elkind contributed to this report.


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The Pentagon is deploying the USS Gerald R. Ford to the Middle East, creating a rare two-carrier presence in the region as tensions with Iran rise and questions swirl about possible U.S. military action.

The Ford will reinforce the USS Abraham Lincoln already operating in theater, significantly expanding American airpower at a moment of heightened regional uncertainty.

While officials have not announced imminent action, the dual-carrier presence increases the Pentagon’s flexibility — from deterrence patrols to sustained strike operations — should diplomacy falter.

The largest aircraft carrier in the world

The Gerald R. Ford is the largest and most advanced aircraft carrier ever built.

Commissioned in 2017, the nuclear-powered warship stretches more than 1,100 feet and displaces more than 100,000 tons of water. It serves as a floating air base that can operate in international waters without relying on host-nation approval — a key advantage in politically sensitive theaters.

Powered by two nuclear reactors, the ship has virtually unlimited range and endurance and is designed to serve for decades as the backbone of U.S. naval power projection.

How much airpower does it carry?

A typical air wing aboard the Ford includes roughly 75 aircraft, though the exact mix depends on mission requirements.

Those aircraft can include F/A-18 Super Hornets, stealth F-35C Joint Strike Fighters, EA-18G Growler electronic warfare jets, E-2D Hawkeye early warning aircraft and MH-60 helicopters.

In a potential conflict with Iran, several of those platforms would be central. 

The F-35C is designed to penetrate contested airspace and carry out precision strikes against heavily defended targets. The Growler specializes in jamming enemy radar and communications — a critical capability against Iran’s layered air defense systems. 

The E-2D extends surveillance hundreds of miles, helping coordinate air and missile defense.

Together, they give commanders options ranging from deterrence patrols to sustained strike operations.

Built for higher combat tempo

What separates the Ford from earlier carriers is its ability to generate more sorties over time.

Instead of traditional steam catapults, it uses an electromagnetic aircraft launch system, or EMALS, allowing aircraft to launch more smoothly and at a faster pace. The system is designed to reduce stress on jets and increase operational tempo.

The ship also features advanced arresting gear and a redesigned flight deck that allows more aircraft to be staged and cycled efficiently.

In a high-intensity scenario — particularly one involving missile launches or rapid escalation — the ability to launch and recover aircraft quickly can be decisive.

How it compares to the Lincoln

While both the Ford and the Abraham Lincoln are 100,000-ton, nuclear-powered supercarriers capable of carrying roughly 60 aircraft to 75 aircraft, they represent different generations of naval design.

The Lincoln is a Nimitz-class carrier commissioned in 1989 and part of a fleet that has supported decades of operations in the Middle East. The Ford is the Navy’s next-generation carrier and the lead ship of its class.

The key difference is efficiency and output. 

The Ford was built to generate a higher sustained sortie rate using its electromagnetic launch system, along with a redesigned flight deck and upgraded power systems. In practical terms, both ships bring substantial strike capability — but the Ford is designed to launch and recover aircraft faster over extended operations, giving commanders greater flexibility if tensions escalate.

How it defends itself

The Ford does not sail alone. It operates as the centerpiece of a carrier strike group that typically includes guided-missile destroyers, cruisers and attack submarines.

Those escort ships provide layered air and missile defense, anti-submarine protection and additional strike capability.

The carrier itself carries defensive systems including Evolved Sea Sparrow Missiles, Rolling Airframe Missiles and the Phalanx Close-In Weapon System — designed to intercept incoming threats at close range.

That defensive posture is especially relevant in the Middle East.

Iran has invested heavily in anti-ship ballistic missiles, cruise missiles, armed drones, naval mines and fast-attack craft operated by the Islamic Revolutionary Guard Corps. The Gulf region presents a dense and complex threat environment, even for advanced U.S. warships.

Why two carriers matter

With both the Ford and the Lincoln in theater, commanders gain more than just added firepower. Two carriers allow the U.S. to sustain a higher tempo of operations, distribute aircraft across multiple areas, or maintain continuous presence if one ship needs to reposition or resupply.

Dual-carrier deployments are relatively uncommon and typically coincide with periods of heightened regional tension.

The timing — as negotiations with Tehran continue — underscores the strategic message. Carriers are often deployed not only to fight wars, but to prevent them.

By positioning both ships in the region, Washington is signaling that if diplomacy falters, military options will already be in place.


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Despite what you’ve heard, first time homebuyers are not getting dramatically older.

Statistics are like hot dogs — often juicy but with sometimes questionable ingredients. A recent example is a story racing around the country: first-time homebuyers’ median age is 40 this year, versus just 28 years old in 1991. This alarming trend was explored in a November 6 New York Times article, citing survey data from the National Association of Realtors (NAR). 

But I fell into a trap of my own making, by ingesting a “wow” statistic that reinforced my own experience —  I bought my first house in 1991 at age 29. Now I’m hearing this stat everywhere, in news stories and recent conferences I’ve attended. Statistics like this go viral, by simultaneously carrying “factual weight” and yet stirring emotions. 

Yet the statistic, as compelling as it seems, is likely wrong. Housing economists Edward J. Pinto and Joseph S. Tracy at the American Enterprise Institute (AEI) have recently reported why. The two delved into the less-than-appetizing ways the NAR statistic was created. In July 2025, the NAR team sent out 173,250 surveys with 120 questions to answer online. 

Only 6,103 people bothered to answer, a response rate of 3.5 percent. Only 1,281 of that group were first-time homebuyers. 

Not only that, but the AEI team found that those under 35 were under-represented by 17 percent and those aged 45 to 74 were over-represented by 18 percentage points. 

The NAR economists claim their statistics have ninety-five percent confidence, plus or minus 1.25 percent, but statistical confidence for representing a US population of around 86 million homeowners collapses when the sample is no longer random. Fancy weighting techniques may give an aura of fixing the problem, but rely on subjective guesswork and hard-to-track biases. 

Pinto and Tracy at AEI instead used the New York Federal Reserve Bank Consumer Credit Panel (CCP), which uses a five-percent random sample of all credit reports tied to a Social Security number, and provides borrower age and home buying history.   

And guess what they found? The median age of the first-time homebuyer is approximately 33 years old — not 40 — and has been steady between 2001 and today. Research by The Cato Institute using the US Census Bureau’s American Housing Survey also “casts doubt” on the NAR data, revealing results similar to those reported by AEI researchers. 

The incorrect NAR fact nugget might rapidly dissolve if it didn’t carry so much emotional resonance with those who feel the housing market is “unfair.” But here’s the deeper problem: when a statistic feels true, because it fits in our narrative of how the world works, its power can rapidly sway public policies in the wrong direction. 

What Pinto and other housing experts agree upon (including the NAR economists) is a widespread housing affordability problem, but the larger lesson is that it is impacting people across all ages. Thanks to zoning restrictions on housing density and other challenges, we’re simply not building enough homes. 

What’s more, we make it very difficult for many to purchase homes in less-affluent areas, by making so-called “small dollar mortgages” less profitable for banks to issue. Dodd-Frank banking regulations in the wake of the 2008 Great Recession vastly increased the overhead for issuing these loans, resulting in a rapid drop in mortgage access at the lower end of the market, as The Wall Street Journal has previously reported.

My research with colleagues at New America shows that millions of inexpensive homes exist in the United States, but the financing is unavailable for many families. This leads to falling homeownership rates, and in some cases, property values. Only 23 percent of homes that cost below $100,000 (including condos) were purchased with a mortgage loan, according to a 2020 Urban Institute study. Cash buyers made up the rest.

Community banks, which are more likely to serve these customers, are particularly hard hit by the Dodd-Frank banking regulations. Since 2010 we have lost over 3,600 community banks, “a reduction of over 45 percent,”  according to Treasury Secretary Scott Bessent’s remarks at a conference in October 2025. 

In other words, if we want to concentrate on improving homeownership across all ages, we need to base our policies on statistics that are built upon rigorous methodological foundations. Otherwise, repeating an appetizing but incorrect statistic around first-time homeownership could lead to chronic economic heartburn.

Measuring state-level prices with adequate precision requires a lot of data collection, and there’s always a long lag between the time period measured and the release of the data. The BEA has now released its data on state-level prices and inflation for 2024, a year when US growth patterns diverged from their pandemic-era patterns.

California, believe it or not, was the fastest-growing state economy in 2024, once you adjust for inflation. Typically, California has featured about average nominal growth rates and higher-than-average inflation rates, resulting in lower-than-average real growth rates. But in 2024, that longstanding pattern reversed.

Indeed, the entire Pacific Coast did well in 2024, as did much of New England and the Carolinas. The Mountain West and the Midwest suffered by comparison (Figure 1).

Figure 1: Map of State Real Personal Income Growth Rates

How much of the growth in the Pacific Coast and New England states came from faster nominal income growth, and how much came from lower inflation? To answer this question, let’s look at nominal growth rates first (Figure 2). The Carolinas were the fastest-growing states by nominal income, followed by Idaho and California. The Dakotas and Nebraska stand out for slow nominal income growth. Most of New England is comfortably, but not dramatically, above average.

Figure 2: Map of State Nominal Income Growth Rates

The gap between nominal and real growth rates represents inflation. But let’s map inflation on its own (Figure 3). That Massachusetts had the lowest inflation rate in the US in 2024 may be a bit of a surprise. All the Pacific states are also low, as is New Hampshire. Montana had the highest inflation in the country, followed by Idaho, Utah, and Nevada. It’s worth noting here that low-population states tend to have the biggest year-to-year swings in inflation rates. It’s not that they tend to be higher or lower, just more volatile and less predictable.

Figure 3: Map of State Inflation Rates

It’s possible that growing housing demand in the Mountain West states may be responsible for their low real growth rates. If the people moving to the Mountain West states are productive workers, we would expect nominal growth rates to rise as well. Retirees, by contrast, don’t add as much to the productive capacity of an economy.

To look at the housing component specifically, I have mapped changes in state real price parities for rents in Figure 4. These numbers represent state-level change in rents relative to the US average. So a positive figure means that rents rose more rapidly in the state than in the US in 2024, and a negative figure means that rents rose more slowly in the state than in the US that year, not necessarily that they fell in absolute terms.

Figure 4: Map of State Change in US-Relative Rents

California had the third-lowest growth rate of rents in the US, after DC and Wyoming. That’s a dramatic turnaround for what is still America’s most expensive state for housing. The fact that the state maintained high nominal income growth alongside slow rental inflation implies that California’s slow rental inflation may be a result of new housing supply, rather than falling housing demand. If so, that means that the housing reforms that the state has enacted are starting to have an effect on production and rents. It’s plausible as well that the AI boom, in full swing already by 2024, had positive effects on California’s economy.

Montana had the fastest growth rate of rents in the US in 2024. Note that Montana’s famous housing reforms did not go into effect until at least September 2024, because they were under a district court injunction until then. The state’s high court upheld the reforms only in March 2025. There’s no way developers could have built that many homes between September and December 2024, even if they had filed building permit applications immediately after the injunction was lifted.

Why did the Great Plains states do so poorly? One possibility is commodity deflation. Export price indices for agricultural commodities (Figure 5) and mining, including oil and gas (Figure 6), declined after the pandemic, through 2023 and most of 2024.

Figure 5: Growth Rate of US Export Price Index for Agricultural Commodities

Figure 6: Growth Rate of US Export Price Index for Mining, Quarrying, and Oil and Gas Extraction

When the prices of commodities fall in global markets, the incomes of commodity producers tend to fall, unless they can significantly increase production. Low incomes in states reliant on commodities also impact the wages of, and demand for, local service industries. Global price fluctuations are far outside the control of state governments, but they are a fact of life for commodity producers and the firms that serve them.
It’s important not to overinterpret one year of state-level data, since these numbers can be so volatile. Over the long run, the evidence suggests that state policies that respect freedom of contract and private property rights promote real income growth. In the short run, random price fluctuations can have an outsized impact on averages. In 2024, it appears that commodity prices, the AI boom, and housing reforms (especially in California and possibly also Washington and Oregon) had a significant effect on state inflation-adjusted growth rates.

By the time Mission: Impossible — The Final Reckoning hit theaters last May, the marketing narrative had become as famous as the franchise itself. The studio made sure we knew that when Tom Cruise hung off the wing of a biplane at 8,000 feet, he was actually doing it. There were safety riggings, sure, but there were no pixels where the human should be.

Compare that to the reception of recent VFX-heavy blockbusters, where armies of digital artists are employed to create spectacles, at grand scale but without stakes. The audience disconnects. We know nobody is in danger. Audiences struggle to empathize with purely artificial characters, even when the visuals are flawless, because we connect emotionally to agency and risk. When everything can be faked, the premium on what is real skyrockets.

In a previous article, Rise of the Curators, I argued that as AI commoditizes the mundane — automating logic, logistics, and basic creation — humans would ascend the “economic value ladder” toward high-touch, curated experiences. 

But there is a second half to that prediction, one that is now unfolding with surprising economic force. We not only seek human curators, we are actively rebelling against the digital itself. An “authenticity recoil” is underway — a consumer-driven pivot back to physical, imperfect, high-friction experiences.

Combine this dynamic with the lingering cultural counterreaction to the isolation of COVID-era restrictions of the early 2020s, and you have a perfect storm for an explosion of deliberately offline human engagement. We won’t all become Luddites and burn our laptops in bonfires; but these tools will likely be increasingly reserved for work and utility, while our recreation and human connection return to the physical.

The Data of the Analog Renaissance

If this sounds too theoretical, the market data beg to differ. The economic indicators of 2024 and 2025 show a distinct capital flow away from screens and toward the tactile.

Take the music industry. Vinyl records now decisively outsell CDs, and that gap only widened through 2024 and 2025. This isn’t just Boomer nostalgia buying. The trend is driven largely by people under 40, who are rejecting the algorithmic “perfection” of streaming playlists for the deliberate, tactile ritual of dropping a needle on a groove.

Simultaneously, a deliberate “dumbphone” is no longer a niche choice but a measurable market segment. Global sales of basic feature phones — devices that call, text, and do little else — hit 1.1 billion units in 2024. Buyers are desperate to reclaim their time and attention from the slot-machine mechanics of the smartphone.

Mark Manson presciently captured this thinking in a 2014 article, when he wrote:

Limitless access to knowledge brings limitless opportunity. But only to those who learn to manage the new currency: their attention.

Even photography is regressing, beautifully. Film photography has come roaring back, prompting Kodak to bring Ektachrome E100 back from the dead to meet demand. AI can generate a hyper-realistic image of a sunset in seconds, but people are waiting weeks and paying dollars to see a grainy, imperfect photo they took themselves. Why? Because the film photo is proof of life. They were there, physically, in that moment, creating something real.

Why This Matters: The Loneliness Paradox

This turn toward offline life isn’t just aesthetic. It reflects a growing health concern.

Researchers now describe a loneliness epidemic, intensified by pandemic isolation but rooted in earlier technological shifts. In The Anxious Generation, social psychologist Jonathan Haidt argues that the move from a “play-based childhood” to a “phone-based childhood” deprived young people of the in-person social experiences that build emotional resilience and empathy. 

Beginning in the early 2010s, rates of anxiety and depression rose in close correlation with smartphone-centered social life. AI threatens to extend this pattern in adulthood. As interaction becomes easier to simulate, the temptation to replace embodied relationships with digital ones grows — even as their emotional limits become clearer.

Face-to-face rebounded quickly once COVID-era restrictions were lifted. Zoom spiked from 82,000 customers in 2019 to 470,000 in 2020, down to 191K in 2021, as soon as people felt free to gather again. That rebound to the real revealed something fundamental: digital tools can transmit information, but they struggle to reproduce the full emotional bandwidth of physical presence.

Our brains evolved in physical communities, not virtual ones. The current revival of in-person experience is not nostalgia. It is adaptation — a response to a world where efficiency has outpaced meaning, and where presence has become scarce.

The “Offline Premium”

Both social research and market trends show people are actively pushing back against digital saturation. Clear economic signals indicate people value presence more than ever.

Digital detoxing, or intentionally limiting or stopping the use of digital devices, has become a mainstream cultural phenomenon. One recent Harvard-linked study found a one-week break from social media was associated with improvement in depressive symptoms (24.8 percent), anxiety (16.1 percent), and insomnia (14.5 percent). Unplugging can protect our mental health. 

Hybrid work, even for tech-heavy fields, indicates leaders are considering how to maximize in-person, undistracted connections.

Communal dining is increasingly popular, as Gen Z patrons have embraced the awkwardness of connecting with strangers over a meal. In doing so, they’ll rediscover a depth of conversation that inherently requires presence. 

These are not retrograde moves; they’re economically rational responses to what machines can’t do. AI struggles to generate genuine surprise, nuance, empathy, or emotional resonance. Humans are wired to.

The Rise of High-Fidelity Spaces

This recoil from the digital is even reshaping the “experience economy.” We are moving beyond “curated experiences” (like a travel plan) to “curated restrictions.”

Consider the explosion of vinyl “listening bars” across the US and Europe over the last year. Modeled after the Japanese kissaten, these venues are dedicated to high-fidelity audio. They often have strict rules: no shouting, no flash photography, sometimes no phones at all. You are there to listen.

Similarly, the use of Yondr pouches — locking phone cases that create phone-free spaces — has exploded. The company recently celebrated facilitating over 20 million phone-free experiences at concerts, schools, and comedy shows. Artists are realizing that to create a “transformation” (the highest rung of the economic ladder), the audience must be severed from the digital tether.

Until recently, curators excelled by helping you find the best digital content. In the new economy, the curator’s job is (at least sometimes) to build a wall against the digital content, creating a sanctuary where genuine human connection can occur.

The Economic Pivot in Perspective

Any business relying solely on digital scalability and optimization is betting against a rising tide of human desire. AI will drive the marginal cost of derivative, re-combinatorial content creation to zero, which means the monetary value of digital content will also approach zero.

The value is in using AI and other tools to migrate and gain efficiency in core offerings of things AI cannot forge by itself: the heat of a crowd, the scratch of a record, the risk of a stunt, the silence of a phone-free room.

I use digital tools constantly and deeply in all of my work. But last weekend I woke up on Saturday morning and I didn’t log into a digital world. I built a fire. I listened to records — full albums, side A to side B. I read a book. I talked with my wife, while our girls cuddled up close with floor pillows and some musical instruments. We spent hours enjoying each other’s company with nothing digital in sight.

It was beautiful and refreshing. But more importantly, it felt expensive. It felt like a luxury that the digital world is actively trying to steal.

If you aren’t prioritizing putting yourself physically in a room, across a table, around a fire with people you love and enjoy, you may be missing out on a great gift. And if you are an entrepreneur or investor, you might be neglecting the only asset class that AI cannot inflate away: reality itself.

Steadright Critical Minerals (CSE:SCM) is a Canadian-listed exploration and development company focused on unlocking value from Morocco’s mineral-rich terrain. It prioritizes assets with past production, strong geological datasets, and defined development pathways, aiming to shorten timelines, lower risk, and balance near-term cash flow with longer-term discovery upside.

Its core assets include the fully permitted, past-producing Goundafa polymetallic mine, the Copper Valley copper-lead-silver project in a proven mining district, and the TitanBeach heavy mineral sands project along Morocco’s Atlantic coast. A recent letter of intent with SilverLine Mining SARL could further strengthen the portfolio by adding a licensed, silver-focused asset, reinforcing Steadright’s strategy of acquiring high-quality, permitted projects.

Azurite mineral on rocky surface, highlighted with a green dashed line. from Steadright Critical MIneral

Operating in Morocco—a jurisdiction known for modern mining legislation, strong infrastructure, and competitive fiscal incentives—Steadright benefits from a supportive mining environment. The company is led by an experienced management team with decades of global mining, exploration, and capital markets expertise, positioning it to advance its projects efficiently.

Company Highlights

  • Near-Term Production: The historic Goundafa Polymetallic mine is fully permitted with a legacy of high-grade zinc, lead, copper, silver, and gold production, Goundafa offers near-term, non-dilutive cash flow from historic stockpile sales under a binding processing agreement.
  • Diversified Portfolio: Fully permitted Goundafa Polymetallic mine (PbZn-Cu-Ag-Au), the Copper Valley CopperLead-Silver Project, SilverLine Mining Sarl (LOI) and the TitanBeach Heavy Mineral Sands
  • Strategic Moroccan Operations: Operating in a mining-friendly jurisdiction with modern legislation, strong infrastructure, and significant fiscal incentives including corporate tax exemptions.
  • Experienced Leadership: Management and technical teams bring decades of international mining, exploration, and capital markets experience.

This Steadright Critical Minerals profile is part of a paid investor education campaign.*

Click here to connect with Steadright Critical Minerals (CSE:SCM) to receive an Investor Presentation

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Investor Insight

LaFleur Minerals is advancing a district-scale gold platform anchored by a defined resource base and a fully permitted processing facility in Québec’s Abitibi region. With ongoing mill restart activities and a targeted gold pour on the horizon, the company offers investors exposure to both near-term production potential and meaningful exploration upside.

Overview

LaFleur Minerals (CSE:LFLR,OTCQB:LFLRF) is a growth-oriented gold exploration and development company focused on building a scalable mining platform within Québec’s Abitibi region, a belt that has produced more than 190 million ounces of gold historically. The company’s strategy is centered on advancing its flagship Swanson deposit while leveraging existing infrastructure to accelerate timelines to production.

Map of LaFleur Minerals

A key differentiator is LaFleur’s vertically integrated model: combining resource expansion with ownership of a permitted processing facility. This approach reduces development risk, lowers capital intensity, and positions the company to monetize discoveries faster than traditional single-asset explorers.

With a market valuation that management believes does not yet reflect the combined value of its resource base, infrastructure and exploration pipeline, LaFleur offers exposure to both near-term catalysts and long-term district-scale discovery potential.

Company Highlights

  • District-Scale Land Position: Controls ~183 sq km of claims near Val‑d’Or in Québec, one of the world’s most prolific gold jurisdictions.
  • Flagship Resource Asset: Swanson Gold Project hosts NI 43-101 resources of 123,400 oz indicated and 64,500 oz inferred with expansion potential.
  • Strategic Infrastructure Ownership: Owns the fully permitted Beacon Gold Mill with 750 tpd capacity and low restart cost.
  • Growth-Focused Exploration: 5,000 m drill program underway targeting resource growth to >1 Moz.
  • Proven Asset Consolidation: Claims assembled from prior operators including Monarch Mining, Abcourt Mines and Globex.
  • Tier-1 Jurisdiction: Québec ranks among the world’s top mining investment regions according to the Fraser Institute.
  • Experienced Leadership: Led by CEO Paul Ténière, a geologist with extensive development and technical reporting expertise.

Key Projects

Swanson Gold Project – Flagship Asset

Map highlighting LaFleur Minerals

The Swanson project forms the cornerstone of LaFleur’s growth strategy. Spanning more than 18,300 hectares, the property hosts multiple deposits and mineralized trends along favorable regional structures and deformation corridors. Historic drilling exceeding 36,000 meters demonstrates strong geological continuity and supports expansion potential across the broader land package.

Located approximately 66 km north of Val-d’Or with road and rail access, Swanson sits in close proximity to established operators such as Agnico Eagle and Eldorado, as well as developers including Probe Gold and O3 Mining. Ongoing geophysics, soil geochemistry and drilling continue to identify new targets, reinforcing the project’s potential to evolve into a large-scale gold system.

Map of LaFleur Minerals

Project Highlights:

  • Spans +18,300 hectares (183 sq km) and rich in gold and critical metals, hosts the Swanson, Bartec and Jolin gold deposits
  • Previously held by Monarch Mining, Abcourt Mines and Globex
  • Accessible by road/rail, 66 km north of Val-d’Or on the Southend Abitibi gold belt, close proximity to established producers such as Agnico Eagle and Eldorado, as well as developers like Probe Gold and O3 Mining, with direct access to several nearby gold mills
  • Mineral resource estimate reinforces status as flagship project:
    • Indicated mineral resource estimate of 2,113,000 t with average grade of 1.8 g/t gold, containing 123,400 oz of gold.
    • Inferred mineral resource estimate of 872,000 t with average grade of 2.3 g/t gold, containing 64,500 oz of gold
    • The project’s current MRE was optimized with a price of gold at US$1,850/oz, current gold market price has hit above US$3,000/oz
  • $3 million in flow-through to deploy with immediate plans to increase gold resources through diamond drilling at Swanson, Bartec, Jolin, and other gold deposits
  • Other key developments include a decline portal and ramp extending to a depth of 80 metres; well positioned for advanced exploration with over $5 million invested by the previous owner between 2021 and 2023
  • Since acquiring the Swanson deposit and consolidating the large claims package, the company has deployed in excess of $1 million in flow-through funds, completed detailed soil geochemistry and prospecting across several gold targets, completed a very-high resolution airborne magnetic and VLF-EM geophysical survey, and is currently in the process of completing a ground IP survey over the Swanson, Jolin, and Bartec gold deposits
  • Several new promising gold targets have been identified from the recent surface exploration and geophysics programs, highlighting the potential for mineral resource growth and new discoveries at Swanson

With advanced assets and infrastructure in place, LaFleur Minerals is well-positioned as a leading gold development company in Québec.

Beacon Gold Mill – Near-term Production

Aerial view of a Lafleur Mineral

The Beacon Gold Mill is a strategically located processing facility less than 50 km from Swanson and represents a rare asset for a junior developer: a fully permitted plant capable of near-term restart. The 750-tpd mill underwent approximately $20 million in upgrades and refurbishment, placing it in excellent operational condition and substantially reducing restart timelines.

An independent valuation by Bumigeme estimated rehabilitation costs at about C$4.1 million and a replacement value exceeding C$71.5 million, underscoring its strategic importance. Beyond processing Swanson material, the mill also offers potential toll-milling revenue from regional deposits, providing LaFleur with multiple pathways to cash flow as it transitions toward producer status.

Industrial machinery with large drums and walkways at LaFleur Minerals

Project Highlights:

  • Capable of custom milling operations for other nearby gold projects
  • Currently being evaluated for processing mineralized material from Swanson as part of a high-level preliminary mining and economic study
  • Past-producing Beacon Mine is located on the site of the Beacon Mill: the property consists of a mining lease, a mining concession, and 11 mining claims
  • Beacon I and II mines include mineralized zones where limited historical gold production was achieved during the period of 1984 to 1988 and again in 2005
  • The advancement of operations at the Beacon Mill has transformational qualities for the company, evolving it from explorer to a near-term gold producer in a Tier 1 jurisdiction with significant upside potential

Management Team

Kal Malhi – Chairman

A successful entrepreneur and the founder of Bullrun Capital, Kal Malhi has raised over $300 million for various public and private companies across multiple industries, including mining, biotechnology and technology.

Paul Ténière – CEO

Paul Ténière has more than 20 years of experience in mine development, geology and project management. He has held senior leadership roles across multiple mining companies and is a recognized expert in NI 43-101 compliance and technical reporting.

Harry Nijjar – CFO and Corporate Secretary

Harry Nijjar is currently a managing director with Malaspina Consultants and provides CFO and strategic financial advisory services to his clients across many industries. This experience has allowed him to help his clients successfully navigate regulatory and financial environments within which they operate. Harry holds a CPA CMA designation from the Chartered Professional Accountants of British Columbia and a BComm from the University of British Columbia

Louis Martin – Technical Advisor and Exploration Manager

Louis Martin is a professional geoscientist. and has been a major contributor to the discovery of several gold and base metal deposits during his more than 40-year career. Martin has been fortunate to be part of the exploration teams that were awarded the Discovery of the Year by the AEMQ for the West Ansil Deposit (2005) and the Louvicourt Deposit (1989). He has worked on several advanced exploration projects that included bringing four of these projects into production. For the last eight years, Martin has worked as a technical advisor and geological consultant for numerous junior and major mining companies.

Preet Gill – Director

Preet Gill is a business professional offering leading development and implementation of superior business strategy. Gill has a proven track record of identifying and creating profitable business opportunities, qualifying authentic prospects, and cultivating strong partnerships. She has over 28 years of experience in leadership roles within Home Depot Canada and has an MBA from Royal Roads University and certificates in business leadership from Queen’s University.

Harveer Sidhu – Director

Harveer Sidhu is the founder of BuildSmartr.com and has served as a director, officer and audit committee member for publicly listed companies. Sidhu is experienced in manufacturing, import and exporting, information technology systems, e-commerce and construction project management. He is also the president and director of Beyond Medical Technologies. He holds a bachelor’s degree from Simon Fraser University and has been a licensed builder with BC Housing since 2014.

Michael Kelly – Director

Michael Kelly is a former member of the Canadian Armed Forces Military Police and a retired member of the Royal Canadian Mounted Police. Kelly currently serves as a Partner at BullRun Capital Inc. and is a respected businessman based in Kelowna, British Columbia. He is also a director and member of the audit committee of Beyond Medical Technologies, an industrial/technology company with a manufacturing facility located in Delta, British Columbia.

Jean Lafleur – Senior Advisor

A highly respected geologist with over 40 years of experience in the mining sector, Jean Lafleur has led multiple exploration programs and mining projects, contributing to major gold discoveries worldwide.

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Visit Rapid Critical Metals (ASX: RCM) at Booth #3142 at the Prospectors & Developers Association of Canada’s (PDAC) Convention at the Metro Toronto Convention Centre (MTCC) from Sunday, March 1 to Wednesday, March 4, 2026.

About Rapid Critical Metals

Rapid Critical Metals (ASX: RCM) (ASX: RCMO) is an exploration company driving the discovery and development of high-grade silver and critical mineral assets. Following a transformational pivot in mid-2025, Rapid has assembled a high-impact portfolio anchored by the Webbs and Conrads Silver Projects in New South Wales and the Prophet River Gallium–Germanium Project in British Columbia, Canada. Both projects sit within geologically rich, infrastructure-ready regions and present strong potential for near-term exploration success.Headquartered in Sydney, Rapid is fully funded and strategically positioned to deliver growth through aggressive exploration and value-accretive development. Led by an experienced team, including Chairman John Poynton AO and Managing Director Byron Miles, the Company is advancing a catalyst-rich program — with resource upgrades, step-out drilling, and new target testing set to drive a steady flow of news and shareholder value in the months ahead.

About PDAC

The World’s Premier Mineral Exploration & Mining Convention is the leading convention for people, governments, companies and organizations connected to mineral exploration. In addition to meeting more than 1,100 exhibitors, 2,500 investors and 26,000 attendees in person in 2024, participants could also attend programming, courses and networking events.

The annual convention is held in Toronto, Canada. It has grown in size, stature and influence since it began in 1932 and today is the event of choice for the world’s mineral industry.

For more information and/or to register for the conference please visit: https://www.pdac.ca/convention.

We look forward to seeing you there.

For further information:

Rapid Critical Metals
Byron Miles
+61 2 9290 9600
info@investability.com.au
https://rapidmetals.com.au/

News Provided by TMX Newsfile via QuoteMedia

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Iran is rebuilding nuclear sites damaged in previous U.S. strikes and ‘preparing for war,’ despite engaging in talks with the Trump administration, according to a prominent Iranian opposition figure.

Alireza Jafarzadeh, deputy director of the Washington office of the National Council of Resistance of Iran (NCRI), said newly released satellite images also prove the regime has accelerated its efforts to restore its ‘$2 trillion’ uranium enrichment capabilities.

‘The regime has clearly stepped up efforts to rebuild its uranium enrichment capabilities,’ Jafarzadeh told Fox News Digital. ‘It is preparing itself for a possible war by trying to preserve its nuclear weapons program and ensure its protection.’

‘That said, the ongoing rebuilding of Iran’s uranium enrichment capabilities is particularly alarming as the regime is now engaged in nuclear talks with the United States,’ he added.

New satellite images released by Earth intelligence monitor, Planet Labs, show reconstruction activity appears to be underway at the Isfahan complex.

Isfahan is one of three Iranian uranium enrichment plants targeted in the U.S. military operation known as ‘Midnight Hammer.’

The June 22 operation involved coordinated Air Force and Navy strikes on the Fordow, Natanz and Isfahan facilities.

Despite the damage, the satellite images show Iran has buried entrances to a tunnel complex at the site, according to Reuters.

Similar steps were reportedly taken at the Natanz facility, which houses two additional enrichment plants.

‘These efforts in Isfahan involve rebuilding its centrifuge program and other activities related to uranium enrichment,’ Jafarzadeh said.

The renewed movements come as Iran participated in talks with the U.S. in Geneva.

On Thursday, President Donald Trump warned that ‘bad things’ would happen if Iran did not make a deal.

While the talks were aimed at curbing Iran’s nuclear program in exchange for sanctions relief, Jafarzadeh argues that for the regime, talks would be nothing more than a tactical delay.

‘Supreme Leader Ali Khamenei agreed to the nuclear talks as it would give the regime crucial time to avoid or limit the consequences of confrontation with the West,’ he said.

Jafarzadeh also described the regime spending at least ‘$2 trillion’ on nuclear capabilities, which he said ‘is higher than the entire oil revenue generated since the regime came to power in Iran in 1979.’ 

‘Tehran is trying to salvage whatever has remained of its nuclear weapons program and quickly rebuild it,’ he said. ‘It has heavily invested in the nuclear weapons program as a key tool for the survival of the regime.’

Jafarzadeh is best known for publicly revealing the existence of Iran’s Natanz nuclear site in 2002, which led to inspections by the International Atomic Energy Agency and intensified global scrutiny of Tehran’s nuclear ambitions.

‘The insistence of the Iranian regime during the nuclear talks on maintaining its uranium enrichment capabilities, while rebuilding its damaged sites, is a clear indication that Supreme Leader Ali Khamenei has no plans to abandon its nuclear weapons program,’ he said.

The National Council of Resistance of Iran, led by Maryam Rajavi, exposed for the first time the nuclear sites in Natanz, Arak, Fordow and more than 100 other sites and projects, Jafarzadeh said, ‘despite a massive crackdown by the regime on this movement.’


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