For the past couple of decades, the so-called "American Dream" has followed a pretty linear pathway. You finish high school, go to a four-year university, and then graduate straight into a corporate office that comes with a slick 401(k).
That bachelor's degree was the golden ticket that made everything possible, and your parents probably told you that earning a diploma was critical to your success, right? Well, new labor market data has turned that decades-old playbook upside down.
Here's Another Little-Known Firm Jensen Huang's Nvidia Is Quietly Backing
MediaTek Is Stepping Up Competition Against Qualcomm With a New 2-Nanometer Chip. What This Means for QCOM Stock.
1 Year Into the Microsoft Deal, IREN Is Delivering and a Rally May Follow Soon

#firm #jensen

On September 9, 2026, Signet Jewelers Limited (NYSE:SIG) reported second-quarter net profit of more than $52 million, reversing a net loss of over $9 million a year earlier, with adjusted earnings per share of $2.19 beating ***** yst estimates of $1.72 by a wide margin. It sent shares up as much as 24% in trading.
The parent of Kay Jewelers, Zales, and Jared also raised its full-year profit guidance for the second time this fiscal year. It also extended its consumer credit partnership with Bread Financial through 2035, a deal it said includes new profit-sharing terms expected to make more than $1 billion in incremental value over time.
Signet Jewelers Limited (NYSE:SIG) is showing demand improvement across its core jewelry brands. Same-store sales increased 2.2% in the second quarter, beating Wall Street's 1.9% expectation. Management reported positive comparable sales across all three months of the quarter. Performance also improved across Kay, Zales, Jared, and Blue Nile. It shows the recovery extends beyond a single brand or temporary sales spike.
Margin expansion is allowing Signet to make substantially stronger earnings despite limited revenue growth. Adjusted operating margin expanded 140 basis points to 7%, while adjusted EPS reached $2.19, well above ***** ysts' $1.74 estimate. Stronger bridal and timepiece sales, tighter inventory management, and operating improvements helped Signet expand profitability. Redesigned Kay and Jared websites provide additional opportunities to back up digital sales.
Signet's higher earnings outlook and shareholder returns solidify the investment case. The company raised full-year adjusted EPS guidance to $10.45-$12.15 versus $9.20-$11.00 and plans a $125 million accelerated share repurchase program. Signet also extended its consumer-credit partnership with Bread Financial through 2035. It added improved technology and data ***** ytics while supporting customer financing and marketing capabilities over the long term.

#adjusted #jewelers #limited

No matter how well you plan for retirement, there are surprises that could throw you for a loop. The stock market might crash unexpectedly. Your healthcare costs might increase. Or, worse yet, you could end up needing long-term care at some point.
But one hiccup you should know to plan for is inflation. Over time, the cost of living is likely to rise. And if you aren't prepared, you could easily end up losing out on buying power. These two adjustments to your retirement plan could help you avoid that fate.
Missed AI's "Act 1"? Act 2 Could Be 15x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our ******* ysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
It's fairly common for retirees to reduce their stock holdings to minimize risk in their portfolios. But while it's OK to de-risk to some degree, you don't want to dump your stocks completely. Doing so could cause your portfolio to trail inflation, leading you to lose buying power and putting your savings at risk of being depleted.
If you're not comfortable holding individual stocks in retirement, buy shares of an S&P 500 exchange-traded fund (ETF). This effectively gives you exposure to the market. Or load up on dividend ETFs that generate steady income.

#plan #market

It's been a disappointing couple of years for shareholders of biotechnology outfit CRISPR Therapeutics (NASDAQ: CRSP). This stock's barely up since the end of 2022, lagging the broad market's gains. It's not the performance that investors keeping tabs on this company were expecting, given its potential.
Don't be discouraged, though. While still speculative like most young biotech names, CRISPR Therapeutics remains a compelling prospect for investors who can stomach the risk and its inevitable volatility. Here's why.
Missed AI's "Act 1"? Act 2 Could Be 15x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our **** ysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
On the off-chance you're reading this and aren't already familiar with the company, CRISPR Therapeutics is a drug developer that specializes in gene editing.
It's probably an area you've heard a great deal about. No gene-editing drugs were actually on the market in the United States until CRISPR Therapeutics' Casgevy was approved by the FDA as a treatment for sickle cell disease in late 2023. Any and all gene therapies currently on the market followed this pioneer's foray. Being first is a well-deserved accolade for the company, too, which was co-founded by Dr. Emmanuelle Charpentier, who was one of the co-discoverers of the CRISPR/Cas9 gene-editing mechanism that makes Casgevy work.

#crispr #gene #company

If you're trying to choose between the Vanguard S&P 500 ETF (NYSEMKT: VOO) and the State Street SPDR S&P 500 ETF (NYSEMKT: SPY), it might seem they're essentially interchangeable. They're both huge and track the same index.
At a high level, that's probably true. But if you want to dive deep and get picky, a few factors set them apart.
Missed AI's "Act 1"? Act 2 Could Be 15x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our **** ysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
The State Street SPDR S&P 500 ETF has an expense ratio of 0.0945%. The Vanguard S&P 500 ETF charges just 0.03%. Given that the index has historically returned about 10% per year, this fee difference may seem immaterial. But I will take any advantage I can get.
Because of their sizes, trading spreads (the difference between the buying (ask) price and the selling (bid) price of a stock) are virtually nothing, so spreads aren't really a consideration here. But if you can own the exact same index for a third of the cost, why not?

#index #same

ResMed Inc. (NYSE:RMD) is well positioned to benefit from the long-term growth of the global obstructive sleep apnea (OSA) treatment market. Likewise, the company remains well positioned to benefit from growing awareness and penetration in the global market, backed by a robust product portfolio.
The company's OSA portfolio includes CPAP and APAP machines, led by the AirSense platform. The AirSense 10 series is one of the most widely used CPAP and APAP machine series. Beyond sleep therapy machines, it also offers nasal, nasal-pillow, and full-face masks, along with a wide range of accessories and related products.
The broad product portfolio offers multiple avenues for generating recurring revenue beyond the initial sale of a sleep therapy device.
Monkey Business Images/Shutterstock.com
In the fourth quarter of fiscal 2026, ResMed's revenue increased 9% year over year to $1.5 billion, supported by strong demand for sleep devices, masks, and accessories. Americas device revenue increased 6%, while total Americas Sleep and Breathing Health revenue rose 8%. Americas masks and other revenue increased 10%. The stronger performance is particularly important as it highlights the ability to monetize the installed patient base beyond the initial device purchase.

#sleep #increased

Tegan Lecheler, founder and director of Mothers & Infant Cash Coalition, told Fox News Digital its support for cash ****** istance has been praised by the right.
Although guaranteed income programs have faced partisan pushback nationwide since gaining national traction in 2018, a growing faction of conservatives is finding common ground with direct cash initiatives centered on mothers and newborns.
According to Tegan Lecheler, national program director for the Mother and Infant Cash Coalition (MICC), the "common-sense" nature of early childhood cash transfers has prompted conservative lawmakers and advocates to reach out to her organization in support.
"I think we're in a really polarized time politically right now," Lecheler told Fox News Digital. "We are not a political organization and want to work to improve families' outcomes. We believe an effective strategy for doing that is to build a big tent – a wide tent with a lot of people underneath it."
EXCLUSIVE: PENCE GROUP KNOCKS VANCE PLAN TO PAY STAY-AT-HOME PARENTS UP TO $9K PER CHILD

#support

If you're trying to build a consumer-focused corner of your portfolio that can grow through a lot of different economic backdrops, three names stand out right now: Church & Dwight Co. (NYSE: CHD), YETI Holdings (NYSE: YETI), and Newell Brands (NASDAQ: NWL). Each of these is making deliberate moves in 2026 and into 2027 that communicate to me more about their future than any single rocky quarter's earnings line.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Church & Dwight has built its identity on everyday products like baking soda, laundry detergents, and cleaners that quietly show up in millions of homes. In May 2026, it moved to deepen that footprint by buying the Miss Mouth's Messy Eater brand, a fast-growing, non-toxic stain remover built for parents. It's a small thing on paper, but it fits this successful company's patterns: Keep layering niche, repeat-use products into an existing distribution machine instead of chasing flashy new categories.
The company's first-quarter 2026 update backs that strategy up. Organic sales rose 5% even though reported net sales were basically flat due to past portfolio pruning, per company management. Management described 2026 as a year of "volume-driven" organic growth, meaning they're focused on selling more units to real customers, not just leaning on price increases. On top of that, Church & Dwight extended its long dividend record yet again. Although it is not quite a Dividend King, it has consistently raised its dividend for 29 years.
For investors, my advice here is straightforward: Treat Church & Dwight as a core holding in a consumer bucket. It's unlikely to deliver fireworks in a single year, but it keeps making acquisitions to deepen its understanding of existing categories.

#flashing #organic

US stocks were mixed on Friday as investors continued to calibrate to the Federal Reserve's first rate hike in three years and existential fears about artificial intelligence's capabilities.
The tech-heavy Nasdaq Composite (^IXIC) rose 0.4% but ended the week in green. Meanwhile, the S&P 500 (^GSPC) rose 0.2% but eked out a loss for the week. The Dow Jones Industrial Average (^DJI) was down 0.2% and lost more than 1.5% for the week.
The 10-year Treasury yield (^TNX) rose 5 basis points to hover near the 5% level as traders increased bets that the Fed will raise rates again in October.
Markets appeared to look past the Fed's 25 basis point rate hike this week, which was widely expected. US stock continued to climb after the Bank of ***** an raised interest rates to the highest level in 31 years.
However, ***** ysts and top CEOs aren't convinced that one rate hike (by the Fed) will be enough to bring down stubbornly high inflation. "It's not clear to me we've slayed inflation," JPMorgan Chase CEO Jamie Dimon told Yahoo Finance this week.

#week #years #down #level

On September 18, Prudential Financial (NYSE:PRU) announced it will sell every share it holds in Alexforbes, a company listed on the Johannesburg Stock Exchange. Two buyers are splitting the stake. Alexforbes will repurchase roughly 372.8 million shares itself, and ARC AF Holdings will take about 74.1 million more. The package is worth about $185 million, a small number for a company managing $1.642 trillion. But the message matters more than the money. A plan Prudential laid out in August is now turning into signed agreements.
The logic is easy to follow. Prudential wants to operate in fewer places and put its money, people and attention where it thinks it can win for years. Andy Sullivan, the chief executive, says the aim is to lean harder on ***** et management, retirement and protection, and get those units working together more closely. David Legher, who leads emerging markets, called Alexforbes a successful investment, so this reads as a planned exit rather than a retreat from a problem.
The core business is giving management room to be choosy. On August 4, Prudential reported second-quarter net income of $985 million, up from $533 million a year earlier. That happened even though a charge from the yearly ***** umption update grew to $299 million from $134 million, so the underlying engine ran strong enough to absorb a bigger hit. The company also returned $743 million to shareholders in the quarter and held $4.2 billion in highly liquid ***** ets at the parent level. That does not look like a seller in a hurry.
Start with what has not happened yet. The deals are expected to close in the first half of 2027, and they still need Alexforbes shareholders to approve the buyback, along with regulatory sign-off. Until then, $185 million is an agreed price, not cash in the bank. Prudential also said New Veld's involvement continues before completion, so the company stays tied to the ***** et for now.
Then there is the size. Set against those trillions in ***** ets, this sale will not move results either way. Its value is strategic, and strategy takes years to judge. Prudential is giving up a foothold in a partnership it called important, and its remaining businesses have their own snags. Sales in Prudential of ***** an are suspended, and management said that weighed on international results even as earnings held up.

#august #money

My husband, 59, and I, 55, are planning to retire over the next few years, and this is one of the biggest unknowns I'm struggling with. My mom had Alzheimer's disease and spent seven years in a really nice memory-care facility in a smaller town. It cost about $7,000 a month. Thankfully, my parents had purchased long-term-care insurance and had paid premiums for about 12 years.
My dad died shortly after being diagnosed with cancer, so his policy was never used. But my mom's policy ended up being worth its weight in gold. It essentially covered all of her care. By the time my mother died, the insurance company had paid out almost $600,000. We only paid about $100 a month for some extras. Needless to say, that experience has made me think.
The 10-year Treasury is having its worst run in over 100 years. Why investors are buying bonds anyway.
'I'm burned out': I'm constantly helping my cousin who is running out of money. Is it too much to expect his sister to help?
I've looked into long-term-care insurance, but the premiums are so incredibly expensive, and I worry about what they'll cost by the time it makes sense for me to seriously consider a policy. We're fortunate financially. After 35 years in the corporate grind, we'll have substantial retirement savings; we've always saved carefully; and we have no debt or mortgage.

#insurance #paid #term

Saving for retirement is hard. For starters, humans aren't very good at delaying gratification. And saving is basically choosing not to spend today so you can spend, hopefully even more, in the future. But there's another problem with saving for retirement: it is hard to set a goal. There's one popular retirement rule that can help with that. Here it is.
When you think about money, the gut reaction is to compare yourself to other people. That's understandable, but it can lead you into troubling waters. For example, the average 65 to 74-year-old has a net worth of nearly $1.8 million. So, you could argue that by 67 you should have that much money saved up. But that figure mashes together the very rich with people who aren't as fortunate. The median net worth, with half of all people above and half below, is roughly $410,000, which is a lot lower. Which one is the better target?
Missed AI's "Act 1"? Act 2 Could Be 15x Bigger. Most investors think they missed the AI boat because they didn't buy Nvidia in 2005. But according to our ***** ysts, we're only at the end of "Act 1"—the R&D phase. "Act 2" is the global rollout. Continue »
That doesn't even consider the fact that net worth includes ***** ets like a home, which isn't something you can easily tap for cash. Sure, you could sell your home and move into a small residence, but you still need to live somewhere. And you aren't average or median. You are you, and your earnings and savings numbers are unique.
That's where a simple savings rule comes in, based on your salary. Essentially, you are creating a personalized saving goal for retirement. To cut to the end of the story, the rule is that you should have 10x your salary saved by age 67. But that's just the final step in the process, because the rule provides benchmarks all along the way to keep you on track.

#spend

A column of black smoke has been seen near Riyadh's international airport hours after air raid alerts were issued in the Saudi capital.
It was the first time residents had been given an alert and urged to stay indoors since a recent escalation in the conflict with Iran-backed Houthi militants in neighbouring Yemen.
A number of apparent explosions have since been heard in the capital and major problems reported at King Khalid International Airport, with the tracking website FlightRadar24 reporting long delays and cancellations.
One report suggested a fuel tank had been set on fire near the airport. There has been no official comment from Saudi authorities.
An AFP journalist reported that firefighters could be seen trying to extinguish the flames of a burnt-out fuel tank belonging to state oil and gas company Aramco.

#since

Sometimes it feels like there aren't enough hours in a day to take care of all the things on your to-do list.
Maybe there are certain items on your list that you keep putting off, maybe because they'll be a big hassle, or because you're not sure exactly how you'll complete the task.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
The tax breaks in Trump's 'big beautiful bill' expire after 2028. Here are 4 moves to make before the window closes

#jeff #bezos #americans #Social

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There's a lot we can't predict, like the outcome of the midterm elections, who will make it to the Super Bowl or whether Taylor Swift was actually hinting at a new album release in that Emmy's sketch. But when it comes to what our retirement looks like, we can certainly try.
Many retirement plans offer predictive tools that can help savers forecast their future balances, retirement readiness, income replacement rates and more. Participants, however, aren't happy with the options: J.D. Power's recent survey of digital experience satisfaction for retirement plans found that predictive tools were the lowest-performing attribute.
"The technology in the 401(k) is seriously behind what people are used to in their consumer life," said Fred Barstein, CEO of The Retirement Advisor University. When the underlying technology structure is old and **** bersome, it's hard for the tools to be as effective as they could be.
Sign up for The Daily Upside at no cost for premium **** ysis on all your favorite stocks.

#tools #sign #upside #like

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September is famously the worst month for stocks on average, a phenomenon that has been heavily debated and attributed to tax-loss selling or parents liquidating ******* ets for back-to-school costs. The so-called September Effect has also been dismissed as totally meaningless.
Putting the market psychology aside, this September has given markets plenty of reason to reinforce the stereotype: oil prices on a war-fueled incline, rising AI apocalypse anxiety and, of course, this week's interest-rate hike. Some ******* ysts believe that, while the September Effect may be in full swing this year, there is still time for a positive October (and later) surprise.
Sign up for The Daily Upside at no cost for premium ******* ysis on all your favorite stocks.
READ ALSO: SEC Greenlights Tokenized Stocks After Clarity Act Fails in Senate and Fed Raises Interest Rates for First Time in Three Years as Diesel, Gas Prices Surge

#interest

CleanSpark just announced a Mag 7 tenant for its first AI site, in a bullish disclosure for the former bitcoin miner as it seeks $2B in financing for its first AI site at a time when capital could get more expensive following the Fed's rate hike yesterday.
CleanSpark announced its first-ever AI lease on July 14 – a 20-year, $6.6B deal for 175 critical IT MWs at its Sandersville, Georgia, facility. But at the time, CleanSpark didn't disclose the tenant.
An SEC filing from today reveals that tenant is Meta, the social-media stalwart turned digital marketing giant and burgeoning AI lab, by way of its wholly owned subsidiary, Anviran. But that's not even the most interesting part – this ******* ociation also means that Meta holds an LOI for 885 MW from CleanSpark's Sealy and Brazoria, Texas, sites, since CleanSpark in July said the Sandersville counterparty also signed an exclusivity agreement for those sites.
The filing says that Meta will serve as "guarantor of rent and operating expenses," with the parent company backstopping Anviran.
And this backstop is more important now than ever. As we covered on the show yesterday, the Fed's 25-basis-point rate hike could lead to not just higher borrowing costs but also tightened credit access for non-investment-grade companies.

#tenant

Quantum computers can be better at processing data-heavy workloads in areas like science and cryptography, because they can use a concept called superposition to simulate multiple solutions to a problem at the same time. However, even the best quantum systems today are still making far too many errors to solve complex real-world problems.
Rigetti Computing (NASDAQ: RGTI) is one of the industry leaders right now, and it's making genuine progress. But considering even the company's most powerful quantum computers aren't overly useful yet, it's struggling to generate meaningful sales, so it's burning through truckloads of cash while it continues to conduct research and development.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
That creates a problem for shareholders, because Rigetti stock is trading at a sky-high valuation, which opens the door to potential downside if the company can't find a way to bring in significantly more revenue in the near future. Here's why I predict the stock will plummet over the next 12 months.
Rigetti built its own fabrication facility to produce chips, developed its own quantum programming language, and even created its own cloud platform, which it can rent to other businesses, thereby monetizing quantum computing capacity. By effectively operating its own end-to-end supply chain, the company can bring new systems to market much faster than many of its competitors.

#quantum #signal #even #company

Intel (NASDAQ:INTC), the leading chip manufacturer, closed at $108.80, up 7.67%. Shares rose after news reports yesterday of a possible tie-up with SK Hynix (NASDAQ:SKHY). They continued to rise today, even though the South Korean firm issued a statement saying that nothing has been finalized.
Trading volume reached 147.2 million shares, coming in about 35% above its three-month average of 109.0 million shares.
The S&P 500 closed at 7,638, up 1.14%, while the Nasdaq Composite finished at 26,418, up 1.69%. Among semiconductors, Advanced Micro Devices closed at $545.09, up 6.36%, and Qualcomm closed at $188.71, up 2.09%, as chip-sector strength and memory-share momentum lifted the group.
Chip stocks rallied today after a rough week in which interest rate hikes and tech leaders' calls for a slowdown in artificial intelligence (AI) development weighed on the sector. Intel got an extra boost from a deal that may not even materialize: Even a whisper that SK Hynix might, possibly, maybe lease part of its Ohio complex or enter into a joint venture proved tantalizing to investors.
The difficulty with these types of speculative price jumps is that they often aren't sustainable. SK Hynix saying it is "exploring various options" is a long way from signing a deal. More concrete news? Barclays upgraded the stock from "Underperform" to "Overweight." Ultimately, Intel is well-placed to benefit from growing AI demand, but finding a client for its foundry business -- whether or not that's SK Hynix -- would represent a significant win.

#hynix #chip #saying

On September 8, 2026, Reuters reported that NIKE, Inc. (NYSE:NKE) shareholders rejected a proposal urging greater transparency on how the company plans to meet its 2030 emissions-reduction targets, despite support from Norway's sovereign wealth fund, Nike's 11th-largest shareholder.
Nike's board had urged a "no" vote, arguing management is "best positioned to determine the targets and related disclosures that are appropriate." Shareholders separately approved the company's executive compensation proposal, including pay for CEO Elliott Hill, in a vote that had faced some opposition.
The failed climate proposal gives NIKE, Inc. (NYSE:NKE)'s management more flexibility to focus on its operational turnaround. Shareholders rejected the request for greater disclosure on how Nike plans to meet its 2030 emissions targets. It allows CEO Elliott Hill and his team to prioritize product innovation, sales recovery, and market-share gains. Nike faces significant operational challenges. So management could benefit from directing more resources toward restoring growth and profitability.
Nike has already made measurable progress toward its environmental targets. It limits the immediate financial impact of the rejected proposal. The company reported an 11% reduction in supply-chain emissions from its 2015 baseline in fiscal 2024, while its 2030 targets call for a 65% reduction in operational emissions and a 30% reduction across its supply chain. This progress gives Nike evidence that it is chasing its climate goals even without expanding its current disclosure.
Shareholders' approval of Elliott Hill's compensation package shows support for Nike's leadership despite the difficult turnaround. Investors approved more than $36 million in total compensation for Hill for fiscal 2026, even though Norway's wealth fund and major proxy advisers opposed the package. Shareholder support gives Hill greater room to execute his strategy as Nike works to stabilize sales, rebuild its market position, and restore long-term earnings growth.

#reduction #elliott #greater

Elon Musk's ***** eX has been talking, internally, about buying the leftover customer files of startups that already went under. Not licensing data from companies that are still operating and can say no. Buying the digital estate of companies that no longer exist to say anything at all.
The discussions are happening inside ***** eXAI, the artificial intelligence division born in February when ***** eX merged with xAI. People familiar with the talks told Bloomberg they're informal and might go nowhere. But the idea makes sense from the perspective of an AI lab racing for the frontier.
The goal is basically cheap fuel for Grok. AI models learn from training data—the text, code, and records an algorithm studies to get better at predicting what comes next—and the good stuff, real business records instead of scraped web pages, is getting expensive. A dead company's file cabinet is apparently a bargain by comparison.
Google already did the same. The search giant paid $10 million in a bankruptcy auction for the internal records of Spirit Airlines, the discount carrier that shut down for good this year. They got around 100 million emails, 500 million Microsoft Teams messages, decades of employee files, all headed into an AI training pipeline.
That data belonged to real employees who signed up for a job, not an AI experiment. A flight attendants' union objected in bankruptcy court, arguing that scrubbing names off records—what companies call "de-identifying" data—doesn't stop someone from piecing together who said what in a decade of internal chats. The court fight is still ongoing.

#million #buying #still #training

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Opening a savings account for a child can help them build good money habits while giving their savings a safe place to grow. But because minors generally can't open bank accounts on their own, a parent or guardian will usually need to help. Here's how to open a savings account for a child, what you'll need, and how to choose the right account.
You must follow the right steps if you want to open savings account for your child. Much of the process is similar to opening a savings account for yourself, with some additional considerations.
Keep in mind that banks often require a parent or legal guardian to be present when opening a savings account for a child.
Start by choosing the right bank for your child's bank account. A simple and convenient option is to open an account where you do your own banking.

#account #opening #bank

Updated Sept. 17, 2026 4:53 pm ET
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1006 ET – U.S. pending home sales fell 3.5% week-over-week to their lowest level in almost three years, Redfin says. Declining homebuying demand is giving buyers breathing room. It means less competition and more room to negotiate for the house hunters who are still shopping. New listings fell slightly, -0.5%, from a week earlier, but they’re still up 1.5% year-over-year, and there are still hundreds of thousands more home sellers than buyers in the market. More homes on the market equals less pressure on buyers to rush into a decision or pay more than they want. Home-sale prices are holding steady. The median home-sale price rose 2% year-over-year. That stability means prices aren’t soaring, and that sellers aren’t in immediate danger of home values dropping. (chris.wackwsj.com)

#still #fell #means

The Children's Place, Inc. (NASDAQ:PLCE) reported on September 14 that fiscal second-quarter net sales declined 18.9% year over year to $241.8 million. Reported gross margin rose to 34.4% from 34.0% a year earlier for the quarter ended August 1, 2026.
The apparent margin improvement depended heavily on $39 million of tariff refunds recognized as a reduction of cost of sales. That benefit was equivalent to nearly 47% of reported gross profit of $83.3 million.
Management said gross margin excluding the refunds declined 1,550 basis points, or 15.5 percentage points, year over year. This non-GAAP comparison removes the cost-of-sales benefit. The central question is whether inventory cleanup can establish a healthier operating base.
The Children's Place, Inc. (NASDAQ:PLCE) reduced inventory to $340.2 million, down 23.2% from $442.7 million a year earlier. A smaller inventory position allows management to improve the merchandise mix and reduce future exposure to aging products.
Clearing excess stock can release working capital and create room for products better aligned with demand. The eventual benefit depends on rebuilding sales with less discounting, but reducing the stock burden is a useful starting point.

#reported #Margin

NEW YORK (AP) — President Donald Trump said Friday that he was barring CNN, MS NOW and Politico from the White House due to what he called unfavorable coverage and "fake news," and threatened that more such media bans could be coming — the latest salvo in the president's increasingly aggressive response to media coverage he finds unfavorable.
Like many of Trump's other confrontations with news organizations — some of which are playing out in the legal arena — this threat has potential First Amendment implications. There was no immediate indication, though, that he was following through.
Trump wrote on his social media site that effective immediately, "I am banning" CNN, MS NOW and Politico "from the White House as a result of their constant 'reporting' FAKE NEWS!" Minutes later, speaking at an event in the Oval Office, Trump was asked to explain his statement.
"Because they're fake news," he said. "You get so tired of reading and seeing fake news. When you look at CNN, it's just fake. That's why their ratings are no good. When you look at MS NOW … , it's fake news."
"And when you look at Politico ... the stories they wrote are fake. So there's a lot of news and there may be others to join them, and maybe they can get better," he said. "But our country has to have honest news."

#fake #look #House

DANA POINT, California – Natalie Driessen drove down Beach Road on a mission, past neighbors whose houses fell into the sea and others now scrambling to prevent their property from collapsing next.
She had a video from March that she wanted everyone to see. When she spotted an Orange County supervisor outside what was left of one mangled kitchen and living room, Driessen pulled out her phone to play the clip of the California Coastal Commission — the powerful state agency tasked with preserving beaches — discussing a home in her gated community.
California beaches are considered public beyond a certain high tide line, the commissioners warned, and that waterline was rising. “I wonder,” one of the commissioners said, “how many years before I’m allowed to just pull up a chair — sit in their, you know, front deck porch and watch TV because it’s public land. … I don’t think we’re that far away from this, right?”
Storms and high tides — fueled by a near record-breaking El Niño — have battered the California coast in recent weeks, destroying homes and eroding beaches. The fallout has supercharged years-long tensions between the owners of coveted oceanfront property and the authorities they say aren’t doing enough to protect them.
The damage has intensified a bigger debate playing out around the coast: What can or should be done to save private property in the most vulnerable communities?

#years

US stocks wavered on Friday morning as investors continued to calibrate to the Federal Reserve's first rate hike in three years and existential fears about artificial intelligence's capabilities.
The tech-heavy Nasdaq Composite (^IXIC) traded flat, while the S&P 500 (^GSPC) fell 0.1%. The Dow Jones Industrial Average (^DJI) was down 0.3%.
The 10-year Treasury yield (^TNX) rose 5 basis points to 5% on Friday as traders increased bets that the Fed will raise rates again in October.
Markets appeared to look past the Fed's 25 basis point rate hike this week, which was widely expected. US stock continued to climb after the Bank of ******* an raised interest rates to the highest level in 31 years.
However, ******* ysts and top CEOs aren't convinced that one rate hike (by the Fed) will be enough to bring down stubbornly high inflation. "It's not clear to me we've slayed inflation," JPMorgan Chase CEO Jamie Dimon told Yahoo Finance this week.

#down

On Wednesday, OpenAI (OPAI.PVT) revealed six new examples of its AI models displaying "unexpected or concerning model behavior" during testing and evaluation.
The company made the announcement alongside a new framework for "tracking, reporting, and disclosing" instances where AI models take actions they otherwise aren't told to or shouldn't.
It follows a number of reports of AI models from companies hacking into third-party networks and services, including an unreleased OpenAI model breaking into the network of AI model and testing site Hugging Face.
Earlier this week, Anthropic (ANTH.PVT) CEO Dario Amodei penned a lengthy essay calling for a slowdown in the pace of the development of frontier AI models, after Anthropic researcher Jacob ******* on posted on X that he was resigning from the company because it, and his former employer OpenAI, is "racing straight to self-improving superintelligence and gambling with our lives."
Anthropic alignment science lead Evan Hubinger followed up on ******* on's comments with his own post on X saying that he believes there is a greater-than-10% chance that the technology could "kill all humans."

#face

Stocks slid Wednesday afternoon after Federal Reserve Chair Kevin Warsh followed the central bank's first rate hike in three years with a press conference that hinted it wouldn't be the last.
The S&P 500 dropped 1%, heading toward its lowest close since July. The Dow Jones Industrial Average fell 1.7%, or more than 700 points, with financial shares leading the decline. The Nasdaq Composite fell 0.8%. The 10-year Treasury yield held near 5% a day after touching its highest level since 2007, and the dollar index climbed 0.6% to its strongest since late July.
Markets had priced in the quarter-point increase itself and initially took it in stride. All three indexes were higher before the 2 p.m. decision. The selling started during the press conference.
Warsh was on a tightrope going in. The question was whether he'd frame the hike as a one-off adjustment—which risked the bond market reading it as too little to deter inflation—or as the start of a longer cycle. He did neither, and instead went in a more hawkish direction. "I would be hard pressed to describe broad financial conditions as restrictive," he said in his opening remarks. "This view was widely shared by the committee, so we removed a dose of accommodation."
That's a new way of describing a rate hike, and one investors aren't used to. Under his predecessor, Jerome Powell, the Fed called policy "modestly restrictive," meaning rates were already high enough to slow the economy. Warsh was saying that at 3.5%–3.75%, they weren't—and by implication, one quarter point may not have gotten them there either. Asked directly, he declined to say whether policy is restrictive now.

#hike #press

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#custodial #three