Americans are falling behind on their mortgages and are increasingly having their homes repossessed, a new report has found.
New data from real estate data firm ATTOM's August 2026 U.S. Foreclosure Market Report showed lenders repossessed 5,794 U.S. properties in August through completed foreclosures (REOs), an increase of a whopping 42 percent from a year earlier, and 22 percent from the previous month.
Texas was the hardest-hit state, with 1,835 REOs, followed by California (589 REOs), North Carolina (356 REOs), Arizona (296 REOs) and Alabama (286 REOs).
The report also showed a total of 40,277 U.S. properties with foreclosure filings – default notices, scheduled auctions or bank repossessions – a 13 percent increase from a year ago and up 1 percent from a month ago.
Rob Barber, CEO of ATTOM – a leading provider of property data, AI-powered intelligence and real estate ******* ytics solutions – said: "August's data shows that foreclosure activity continues to trend above year-ago levels, particularly in completed foreclosures, which saw a notable annual increase.

#Foreclosure

Americans are falling behind on their mortgages and are increasingly having their homes repossessed, a new report has found.
New data from real estate data firm ATTOM's August 2026 U.S. Foreclosure Market Report showed lenders repossessed 5,794 U.S. properties in August through completed foreclosures (REOs), an increase of a whopping 42 percent from a year earlier, and 22 percent from the previous month.
Texas was the hardest-hit state, with 1,835 REOs, followed by California (589 REOs), North Carolina (356 REOs), Arizona (296 REOs) and Alabama (286 REOs).
The report also showed a total of 40,277 U.S. properties with foreclosure filings – default notices, scheduled auctions or bank repossessions – a 13 percent increase from a year ago and up 1 percent from a month ago.
Rob Barber, CEO of ATTOM – a leading provider of property data, AI-powered intelligence and real estate ***** ytics solutions – said: "August's data shows that foreclosure activity continues to trend above year-ago levels, particularly in completed foreclosures, which saw a notable annual increase.

#real

On September 10, 2026, Copart, Inc. (NASDAQ:CPRT) reported fourth-quarter results for the period ended July 31, 2026, and used the call to announce an all-cash acquisition of digital auto marketplace ACV Auctions. Revenue grew 2.4% to $1.2 billion, but gross profit fell 5.5% to $481.4 million and net income dropped 17.4% to $327.4 million. Diluted EPS came in at $0.35 against $0.41 a year earlier.
Wall Street spent the following days separating the deal from the quarter.
Barrington's Gary Prestopino saw enough in the transaction to move off the sidelines, upgrading Copart, Inc. (NASDAQ:CPRT) to Outperform from Market Perform with a $40 target. His argument is that combining Copart's physical network with ACV's digital marketplace, at an implied equity value of $1.9 billion or $10.50 per share in cash, creates an end-to-end remarketing platform and opens a new growth vector in dealer-to-dealer and commercial vehicle auctions.
JPMorgan's Jash Patwa had already upgraded Copart, Inc. (NASDAQ:CPRT) to Overweight from Neutral ahead of the print, raising his target to $40 from $32 on encouraging salvage industry channel checks, web scraping data showing Copart gaining share with a carrier across several states, and a collision cycle he sees turning more favorable as insurance penetration recovers.
Freedom Broker, which trimmed its target to $36 from $39 while keeping a Buy rating, called the report mixed but framed the ACV move as a strong pivot toward digital marketplace expansion.

#NASDAQ #cprt #auctions

On September 10, Copart (NASDAQ:CPRT) held its fourth-quarter earnings call and used it to unveil a deal that could reshape its business: an all-cash agreement to acquire ACV, a digital auto marketplace that moved roughly $10 billion of vehicles last year without owning a single lot. The announcement landed alongside a quarter that captured the company's central tension. Revenue rose, but net income fell, and management is now betting that pairing its junkyards with someone else's software can fix that.
The ACV deal is the headline, and for good reason. ACV brings more than 22,000 active buyers and inspection and valuation technology, while Copart contributes over 275 locations, roughly 4 million vehicles sold annually, and about 1 million members across more than 185 countries. Management structured it as an all-cash tender offer funded from cash on hand, with a close targeted by the end of the calendar year and earnings accretion expected in fiscal 2028. Executives framed the fit as physical scale meeting digital liquidity, giving dealers, banks, and fleet sellers a single partner for disposing of vehicles.
That diversification push is already showing up in the numbers. International revenue grew 11.7% to $222.1 million on 15% service revenue growth, and international buyers accounted for 45.7% of total US sales dollars despite making up only 38.2% of units, a sign they are chasing pricier vehicles. Domestically, non-insurance units returned to growth of 0.2% in the quarter after a full-year decline, dealer units rose 5.8%, and BluCar, which serves banks and fleets, expanded nearly 20%. Global average selling prices climbed 3.5%, evidence that Copart's auctions still command pricing power even as volumes soften.
The quarter's numbers show where the strain is. Consolidated revenue grew 2.4% to $1.2 billion, yet net income dropped 17.4% to $327.4 million and diluted earnings per share fell 14.6% to $0.35. Operating expense per car jumped 12.7% year over year as the company poured money into long-haul delivery, **** leExpress, and dedicated wholesale facilities, and US facility costs alone rose 7.7% in the quarter. Lower interest income, a byproduct of the $1.63 billion spent on buybacks earlier in the fiscal year, added to the squeeze.
The core insurance business is also cooling. Global insurance units fell 4.2%, with domestic insurance **** ignments down 7.5%, though management noted that figure would have been up 2.3% excluding the loss of a single customer. Collision claim frequency declined 3.4% even as total loss frequency hit a record 23.3% for a second quarter and severity topped $6,300 per claim, up 8.8%. And the ACV deal itself carries integration risk, since management expects only breakeven results before accretion arrives in fiscal 2028.

#quarter #vehicles #insurance

ACV Auctions Inc. (NYSE:ACVA)—one of the leading car auction marketplaces in the US—saw its share price jump by 49 percent week-on-week, taking the first spot in the top-performing stocks in last week's shortened trading session.
This followed an announcement from its Texas-based counterpart, Copart Inc., under which the latter's subsidiary will acquire all of ACVA shares in an all-cash transaction at a price of $10.50 apiece, or for a total of $1.9 billion.
The offer price marked a 45 percent premium over its closing price of $7.22 on Thursday, September 10, prior to the announcement.
The completion of the tender offer is subject to the successful acquisition of a majority stake in ACVA or the expiration of the waiting period.
The transaction is expected to be completed by the end of the year.

#percent

The Treasury Department on Wednesday revealed that it will buy back up as much as $6 billion in longer-dated U.S. debt in an operation this week.
The agency's Bureau of the Fiscal Service announced that it will purchase up to $6 billion in 10-year notes and 20-year bonds in an operation. The securities that will be bought in the operation, which is scheduled to occur from 1:40 p.m. to 2 p.m. ET on Thursday, have maturity dates ranging from February 2037 and August 2046.
The buybacks follow Treasury Secretary Scott Bessent's announcement that Treasury's buyback operations would be at least $4 billion until early November, an increase from the $2 billion that the agency would typically buy back in an operation.
Yields on Treasurys have been elevated in recent years due to stubborn inflation, which has been exacerbated by the Iran war and has caused interest rates to rise further.
Bessent Says Treasury Auctions Will Continue As Usual Despite Expanded Buyback Program

#buyback #back #year #fiscal

This is what all of you basketball maniacs have been waiting for this summer… our first extended peek at the team via a practice scrimmage video. Rest **** ured, Jason and Donald of the DBR Podcast are taking a deep dive into everything we learned from the video. Jason even tracked all the stats so you can know who led the team in scoring and **** ists.
But, this episode of your favorite Duke podcast begins with a discussion of the opening victory by the Blue Devil football dudes. The Nate Train was rolling all over Tulane and the D was also impressive. Have a listen as the guys try to figure out, "is Duke this good or was Tulane that bad?"
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#rest #donald #devil

By Jody Godoy
Sept 2 (Reuters) - Alphabet's Google escaped a breakup of its advertising technology business on Wednesday, when a judge in Virginia rejected U.S. antitrust enforcers' bid to force a sale of Google's online ‌advertising exchange.
While the ad exchange is a small part of Google's business, the ruling is the second powerful ‌symbolic victory against the U.S. Department of Justice in its efforts to force Google to sell ******* ets to address illegal monopolies.
U.S. Judge Leonie Brinkema in Alexandria, Virginia, declined to make Google sell AdX, where publishers pay Google a 20% fee to sell ads in auctions that happen instantly when users load websites. She accepted most of the parties' proposed behavioral remedies.
The DOJ and a broad coalition of states sued Google in 2023 over its dominance in markets for advertising technology used by online publishers and websites.

#advertising #judge #technology #force

The U.S. Federal Trade Commission, joined by 22 states, has sued Amazon.com, Inc. (NASDAQ:AMZN) over allegations that the company secretly inflated prices in its advertising auctions for more than seven years. The FTC alleges that Amazon used an undisclosed "soft reserve price" to raise the amount advertisers paid above what competitive bidding would have produced.
According to the complaint, the practice affected more than one million brands and sellers and may have generated tens of billions of dollars in additional revenue for Amazon. The FTC also alleges that the pricing changes became increasingly aggressive, with advertisers paying their own bids roughly 80% of the time for Sponsored Products by 2024.
Amazon.com, Inc. (NASDAQ:AMZN) disputes the allegations, arguing that the FTC misunderstands how its advertising auctions work and that its pricing practices improve ad relevance and value for advertisers.
Photo by Bryan Angelo on Unsplash
The biggest positive for Amazon.com, Inc. (NASDAQ:AMZN) is that the lawsuit does not immediately undermine the underlying strength of its advertising business. Amazon generated about $68 billion in advertising revenue in 2025, making advertising an increasingly important and high-margin contributor to the company's overall profitability.

#amazon #amzn #allegations

The freight market has seen a brutal downturn, with an astounding 85% failure rate for new carriers in the past three years. Kirk Mann, EVP & GM of Transportation and Vendor Solutions at Mitsubishi HC Capital America, dives into why this cycle was the longest, the impact of over-financed ****** ets, and what it means for the future of freight demand and equipment financing. Learn how lenders navigate this volatile landscape and what's next for carrier growth.
The average three-year failure rate for motor carriers with fewer than two years of operating experience and their own ICC authority hit 85% during the prolonged freight downturn, according to Kirk Mann, EVP & GM of Transportation and Vendor Solutions at Mitsubishi HC Capital. Mann shared the figure in a FreightWaves interview, offering one of the starkest measures yet of how the roughly three-and-a-half-year downturn devastated the smallest participants in the for-hire trucking market.
The elevated failure rate traces directly to the equipment bubble that inflated during 2021 and 2022. Mann recalled a conversation with his chief risk officer in which they discussed a four-year-old Freightliner Cascadia with fewer than 500,000 miles — an ****** et the risk officer valued at roughly $45,000 but that the company was financing at $100,000 to $110,000. FreightWaves data showed pre-COVID prices on five-year-old equipment running around $34,000, climbing to as high as $120,000 at the peak. Carriers that entered the business buying equipment at those inflated values were immediately underwater when rates collapsed.
"I remember we were way bubble. It was an ****** et bubble of enormous proportions," Mann said.
When defaults mounted, Mitsubishi HC Capital leaned on workout tools rather than immediate repossession. Mann said the company restructured approximately 75% of its loans during its 2020 customer ****** istance program launched at the onset of COVID-19, and that 95% of those borrowers resumed payments within 90 days. Even so, the lender accumulated repossessed inventory it held "for quite a long time" before conditions improved enough to move units through dealer networks, auctions, and internal sales channels.

#freight

By David Lawder and Dan Burns
WASHINGTON, Aug 24 (Reuters) - The U.S. Treasury will continue with its regularly scheduled debt auctions, including for long-dated bonds, despite its move to increase buyback sizes of 10- to 30-year securities, Treasury Secretary Scott Bessent said on Monday.
Asked at a news ‌conference focused on Iran sanctions about Treasury's plans for bond buybacks and auction sizes going forward, Bessent said the department would "continue with our regular ‌program of auctions" announced in early August.
He added that the Treasury hasn't purchased any bonds yet in the enlarged buybacks, which will start on September 10 for 10- and 20-year securities.
Bessent, a former hedge fund manager with extensive experience in sovereign debt and currency markets, last week surprised global bond investors by announcing the Treasury would double the size of its quarterly repurchases of longer-dated bonds after their yields reached the highest levels in nearly two decades.

#auctions

Hit the events and shows of Monterey Car Week, and what's apparent is that money is no object: seven-figure hypercars changing hands, classic car auctions leaping to new records, and waiting lists stretching years.
But talk to the executives who actually sell these cars, and a more nuanced picture emerges. Higher-end buyers are supporting the market, but there is also a split. They say there is a K-shaped economy even at the very top of the market, and only one arm of the K is going up.
McKeel Hagerty, CEO of the collector-car insurer Hagerty (HGTY), sees it now. When asked whether a K-shaped economy exists in the collector-car world, he didn't hesitate.
"Like the two upper levels of a K," he said. "When people are paying a lot of money for cars, it's because there was a big liquidity event."
Company sales, IPOs, and an overheated stock market add to liquidity at the highest end, but set against a backdrop of tariffs, high rates, and global conflict that "freaks people out."

#hagerty

Madison Investments, an investment advisor, released its second-quarter 2026 investor letter for the "Madison Large Cap Fund". A copy of the letter can be downloaded here. In the second quarter, U.S. stock market indices achieved their best performance since 2020, driven largely by a narrow group of Artificial Intelligence-related stocks. As in the pandemic's early days, investors are fixated on who will benefit from AI, reminiscent of the late 1990s internet bubble. Against this backdrop, The Madison Large Cap Fund (class I) returned 8.4% in the second quarter of 2026, compared to a 15.2% increase in the S&P 500 Index. The current market's extreme narrowness is concerning, and history suggests this won't persist. While AI is reshaping society and the economy, today's winners may not remain so, and booms could lead to busts. Additionally, factors such as a volatile federal administration, growing budget deficits, inflation, high interest rates, and strained consumer finances will significantly impact the economy and stock market in the future. Additionally, reviewing the Fund's top five holdings could help identify its best picks for 2026.
In its Q2 2026 investor letter, Madison Large Cap Fund highlighted Copart, Inc. (NASDAQ:CPRT). Copart, Inc. (NASDAQ:CPRT) is an online auction and vehicle remarketing services company. On August 19, 2026, Copart, Inc. (NASDAQ:CPRT) closed at $33.85 per share. One-month return of Copart, Inc. (NASDAQ:CPRT) was 24.10%, and its shares lost 29.21% over the past 52 weeks. Copart, Inc. (NASDAQ:CPRT) has a market capitalization of $31.26 billion.
Madison Large Cap Fund stated the following regarding Copart, Inc. (NASDAQ:CPRT) in its Q2 2026 investor letter:
"Volume growth at Copart, Inc. (NASDAQ:CPRT), which manages salvage vehicle auctions, continues to be weak due to more under-and-uninsured auto drivers and shifting market share amongst insurance carriers. While recent performance has been frustrating, Copart's earnings have grown at a healthy clip over the past few years, and its competitive position remains strong. The company also announced that Executive Chairman Jay Adair, who previously served as CEO for many years, will return to the role. We view this as a positive development. Jay was instrumental in building Copart over the past 30+ years, and his substantial ownership stake keeps him strongly aligned with shareholders."
Copart, Inc. (NASDAQ:CPRT) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 57 hedge fund portfolios held Copart, Inc. (NASDAQ:CPRT) at the end of the first quarter, compared to 68 in the previous quarter. In Q3 FY 2026, Copart, Inc.'s (NASDAQ:CPRT) consolidated revenue grew to $1.24 billion, up 2.1% from last year fueled by robust service and purchase vehicle sales. While we acknowledge the potential of Copart, Inc. (NASDAQ:CPRT) as an investment, we believe certain AI stocks offer greater upside potential and carry less do

The quarterback and tight end positions in auctions allow for freedom and creativity in how you approach the position in your draft. Unlike running back and wide receiver ‐ where the pressure to start multiple players creates an entirely different market ‐ quarterbacks and tight ends are "onesie" positions, as they are sometimes known.
Sure, there are only a few elite tight ends and quarterbacks that everyone is chasing, like Brock Bowers and Josh Allen, but there is not the same pressure that builds from scarcity during the auction. Generally, managers feel as though if they lose out on Drake Maye or Jalen Hurts, they can still feel pretty good about pivoting to Dak Prescott or Trevor Lawrence.
The thinking at tight end is similar. To an even greater extent, it lends itself to streaming from the waiver wire during the year. So naturally, managers would rather spend more money to secure that last WR2 than save that money to upgrade from Lawrence to Jayden Daniels or Harold Fannin to Tyler Warren. This depresses prices and provides buying opportunities.
Let us look at the three typical strategies for landing your quarterback and tight end in auctions, and do it through the lens of real pricing from some recent auctions. We have five data points from five auctions spanning June, July, and early August.
Every auction is going to be different, but there are trends we can pull from these prices that tell us a fairly reliable range where we will be able to draft these players in our own leagues. Of course, we all play with different settings and salary caps, but for purposes of this article, we will talk about a $200 cap and mostly be dealing with typical starting lineups using three wide receivers and a flex.

#different #quarterback

Amy Winehouse's father has been hit with a nearly £1 million bill after losing a bitter court battle against two of his late daughter's closest friends. Mitch Winehouse was ordered to make interim payments totaling £963,851—about $1.3 million—to Naomi Parry and Catriona Gourlay after a High Court judge tore into the case he brought over the sale of the singer's belongings.
According to the BBC, the dispute centered on 141 items auctioned in the United States between 2021 and 2023, including Winehouse's clothes, handbags, earrings, makeup, ballet slippers and a dress she wore on her final tour in 2011. Mitch claimed Parry, Amy's former stylist, and Gourlay had no right to sell the items and accused them of "deliberately" hiding the sales from him. The women denied wrongdoing, saying the items either belonged to them or had been given to them by Winehouse.
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The court wasn't buying Mitch's version. Judge Sarah Clarke KC tossed his case earlier this year, finding that he "knew all along" that the women planned to sell the memorabilia.
The trial had heard allegations that Parry and Gourlay took advantage of Mitch's forgetfulness and pocketed more than $1.4 million from the auctions, but Clarke rejected the claim that they had deliberately concealed the sales.

#winehouse #clarke

While investors fixate on the AI boom, a warning from a group of Wall Street bankers whose job is to help the U.S. government borrow went unnoticed.
In minutes released Aug. 5, the Treasury Borrowing Advisory Committee—a panel of senior bond dealers and investors, known as TBAC, that advises the Treasury on its own funding—warned that at current auction sizes, the government faces a $1.45 trillion funding shortfall in fiscal 2027–28.
What that means takes a primer to understand how Washington actually borrows. The Treasury doesn't take out one huge annual loan, rather, it raises cash by selling debt at regularly scheduled auctions. The shortest-dated IOUs, sometimes called "T-bills," come due in a year or less, while the longer-dated notes and bonds — known as "coupons" — run anywhere from two to 30 years.
The T-bills offer Washington, now, a rare opportunity to borrow money for the cheap.
At the time of writing, the three-month bill yielded around 3.8%, while the 10-year Treasury yield sat around 4.6%, and the 30-year at a multi-decade high above 5%. So what Treasury Secretary Scott Bessent has done is lean unusually hard on the cheaper rate today to finance a roughly $2 trillion annual deficit. That holds down reported borrowing costs but leaves the government more exposed to inflation and rising rates.

#year #known #funding

Dallas, Texas-based Copart, Inc. (CPRT) provides online auctions and vehicle remarketing services in the United States and internationally. The company has a market cap of $27.2 billion and offers a range of services to process and sell vehicles over the internet through its virtual bidding third-generation internet auction-style sales technology.
CPRT stock has lagged behind the broader market over the past year, declining 36.7% compared to the S&P 500 Index's ($SPX) 21.8% surge. Moreover, in 2026, the stock has fallen by nearly 26%, underperforming the SPX's 11% rise.
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#Stock

Former England Test captain Ben Stokes could become the highest-paid player in Big Bash League (BBL) history after retiring from international cricket after series defeat against New Zeland. According to reports from Code Sports, the all-rounder is attracting significant interest from multiple BBL franchises, with the Sydney Sixers leading the race for his signature ahead of the 2026/27 season.

Stokes announced his retirement from international cricket in June 2026, bringing the curtain down on a glittering England career. However, the 35-year-old has made it clear that he has no plans to step away from the game entirely and intends to continue playing domestic and franchise cricket around the world.
Unlike several former international captains who moved directly into coaching or broadcasting, Stokes wants to remain an active cricketer. The England great recently returned to action for Durham and is expected to play a larger role in the County Championship, hoping to help his home county achieve sustained success.

Now, as per Code Sports, Ben Stokes has shown interest for BBL and a bidding war has reportedly broken out among BBL franchises, with the Sydney Sixers emerging as the frontrunners to secure Stokes' services. The Sixers' advantage stems from the appointment of former England white-ball coach Matthew Mott, who shares a successful history with Stokes. The pair famously guided England to the 2022 T20 World Cup ******* le in Australia, with Stokes scoring an unbeaten 52 in the final against Pakistan at the Melbourne Cricket Ground.

Stokes is also no stranger to the Big Bash, having represented the Melbourne Renegades during the 2014/15 season. However, several other franchises are also monitoring the situation closely. The Hobart Hurricanes are among the teams interested, with Cricket Tasmania previously expressing its desire to bring the England star to Tasmania.
Reports suggest Cricket Australia is optimistic about securing Stokes for at least part of the upcoming BBL season. The proposed marquee deal is believed to be worth around AUD 600,000, which could make Stokes the most expensive overseas signing in BBL history.

One challenge remains scheduling. Stokes may prefer to spend Christmas with his family in England before potentially joining another franchise competition. The South Africa-based SA20 begins in January, creating a possible scheduling conflict for the all-rounder.
132854778
n immediate IPL return, however, appears unlikely. Under current BCCI regulations, Stokes cannot enter the IPL auction until 2028 after opting out of the 2025 mega auction. Players who skip the mega auction are ineligible for the subsequent mini auctions under the existing rules. He is also unavailable for the current edition of The Hundred, having not registered for the player draft.

#sixers #former

We've been talking about Johnny Dawkins's clutch plays for a couple of days now, and we thought that it was time to get closer to the present and take a look at one of the great clutch plays in recent history: Isaiah Evans's game winner last year against Florida, then the defending national champions. Duke was trailing 66-64 with time running out.
As you'll see or possibly remember, Evans screened for Cameron Boozer, who was obviously the first option. But the Gators naturally double-teamed him, so Evans swung over to the left, behind the three-point line, and was wide open.
As the defenders followed the ball, he could have tossed it back to Boozer, who might have gotten a shot in the lane to tie it, but Evans, with the confidence of a deadeye shooter, stepped up and nailed the three, which gave Duke a one-point lead.
Good defense wrapped the game up, but Showtime Slim gets full credit for a masterful clutch shot.
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#duke #time #three #shot

Our **** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Performance was driven by distribution and transmission rate increases and the absence of prior-year customer relief costs, offset by higher credit loss expenses at BGE and increased interest costs.
Management attributes sustained reliability performance to disciplined grid investment, noting that ComEd restored 90% of customers within 48 hours following the most severe storm activity in two decades.
The PJM market is under extreme strain, evidenced by capacity prices clearing at the FERC-approved cap for three consecutive auctions and a widening 6.8-gigawatt reliability shortfall.
Exelon is pivoting toward an 'all-of-the-above' strategy—including transmission, storage, and utility-owned generation—to mitigate scarcity that would have otherwise driven prices to $777 per megawatt-day in ComEd.

#costs #NVIDIA

Amy Winehouse's father must pay just under £1m to two of his daughter's friends after a failed High Court claim over the auctioning of the late singer's items.
Mitch Winehouse also racked up at least £950,000 in his own legal costs in the failed attempt against Naomi Parry and Catriona Gourlay.
He claimed the women had profited from selling dozens of his daughter's items at auctions in the US in 2021 and 2023, accusing them of having "deliberately concealed" their sale.
But Ms Justice Clarke threw out the claim earlier this year, finding that he "knew all along" about the intended sale and only afterwards had begun to pursue them for money in an "aggressive and unpleasant way".
In a judgment on Wednesday, she said: "The claimant chose to bring an inherently weak claim, pursue it aggressively and relentlessly to the end, and make serious and unfounded allegations against the defendants which significantly damaged their reputations, career prospects, financial security and health."

#claim #failed #high

The latest Brotherhood Podcast is out, and this time, Cayden Boozer interviews new ***** istant KJ Conklin.
He talks about his path to Duke, which includes some interesting stops before he got to the San Antonio Spurs, where he worked as ***** istant coach and director of player development for the Austin Spurs, their NBA G League affiliate. Here's a bit of what he had to say about his path and what he's learned:
"I think every, I think the biggest lesson I've learned is is everywhere I've went, I've made very meaningful relationships. And most of all, and it's what I really appreciate about this place is the people make the place.
I mean, we obviously here, we're extremely fortunate with the things we get on the day to day. And then we get to, I've experienced a lot of things as a part of the Duke brand and the standard that we have here. But the people and the meaningful relationships that you make along the way is what you remember the most."
You can hit the links above or below, or catch it on your favorite podcast player.
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#i 've #podcast #path

LUCKNOW: A suspected online betting network has come to light in several district premier leagues organised across Uttar Pradesh, raising concerns over the exposure of young players to illegal activities.

The Uttar Pradesh Cricket ******* ociation (UPCA) office-bearers admitted that they have information about such illegal activities, but claimed that no action could be taken in the absence of a formal complaint.

According to officials and sources ******* ociated with district cricket bodies, a pattern has emerged in which event management companies approach district ******* ociations with proposals to organise franchise-style leagues.

These events are promoted on the lines of the UPT20 League and the Indian Premier League (IPL), with player trials, hotel-based auctions, team branding, live streaming and sponsorship packages.

Office-bearers of a few district cricket ******* ociations claimed that some sponsors or their ******* ociate companies were linked to online betting platforms.

"While the leagues are projected as professional exposure opportunities for budding cricketers, the real financial gains are being generated through betting activity around the matches," an office-bearer of a cricket ******* ociation said.

District leagues are organised in Kanpur, Ayodhya, Muzaffarnagar, Meerut and Ghaziabad.

These tournaments draw young cricketers hoping to be noticed for the UP T20 League, which has become a recognised pathway for players aspiring to reach bigger professional platforms, including the IPL.

Another office-bearer of a district cricket ******* ociation alleged that event management companies were functioning as intermediaries for betting-linked sponsors.

"District league event companies work like agents of betting companies. They connect with district ******* ociations to organise district premier leagues, bring sponsors and handle hosting plans. Some sponsors also have sister companies involved in online betting. This is a planned operation, and the same event company is involved in holding multiple district leagues," he said.

"The model begins with trials where aspiring players are charged Rs 500-Rs 1,000 each for trials in which thousands turn up. The events are then packaged for digital visibility, with team names, match schedules and live scoring being used by betting platforms to attract online wagers," the office-bearer added.

TOI came across digital material indicating that teams from a district league appeared on a betting website. Sources claimed that the sponsor company and the betting platform were linked through a common parent or ******* ociate entity. Such connections, if established, would raise serious questions about the integrity of the tournaments.

Senior office-bearers of the Uttar Pradesh Cricket ******* ociation have also received informal reports about betting activities and movement of money between entities operating betting websites. However, officials said no action was

Meridian Funds, managed by ArrowMark Partners, released its first-quarter 2026 investor letter for "Meridian Hedged Equity Fund". A copy of the letter can be downloaded here. The Fund invests in high-quality growth companies and mitigates risk by writing call options. Following the late-February strike on Iran, oil prices surged, leading to a risk-off sentiment, boosting energy sector performance. Large-cap technology stocks declined as investors rotated towards smaller companies and more defensive value investments. Market conditions are becoming challenging due to reduced expectations for a Federal Reserve rate cut and increasing geopolitical uncertainty. The Fund returned 0.08% (net) for the quarter, outperforming the S&P 500 Index, which fell 4.33%, and the CBOE S&P 500 BuyWrite Index, which declined 0.92%. At the end of the period, 43% of the portfolio was unhedged, while the remainder was invested in companies with covered call options. In addition, please check the Fund's top five holdings to know its best picks in 2026.
In its first-quarter 2026 investor letter, Meridian Hedged Equity Fund highlighted ACV Auctions Inc. (NYSE:ACVA). ACV Auctions Inc. (NYSE:ACVA) is a digital automotive marketplace that enables buyers and sellers to connect for the online auction of wholesale vehicles. On June 26, 2026, ACV Auctions Inc. (NYSE:ACVA) closed at $6.93 per share, reflecting a market capitalization of $1.21 billion. ACV Auctions Inc. (NYSE:ACVA) posted a one-month return of 5.96%, while its shares lost 57.27% over the past 52 weeks.
Meridian Hedged Equity Fund stated the following regarding ACV Auctions Inc. (NYSE:ACVA) in its Q1 2026 investor letter:
"ACV Auctions Inc. (NYSE:ACVA) operates a national digital marketplace that enables automotive dealers to more efficiently and transparently buy and sell wholesale vehicles. Our investment thesis centers around ACV's integrated ecosystem, high customer retention, and its position as a potential beneficiary of the ongoing digitization within the wholesale automotive market. Despite these structural advantages, the stock fell sharply after the company issued a weaker-than-expected outlook for the first quarter of 2026. Management cited challenging macroeconomic conditions that caused depreciating vehicle values, lower conversion rates, and elevated arbitration costs. While disappointed with the near-term results, we remain confident in the company's management team, business model, and market opportunity. We maintained our position throughout the quarter."

Norwegian energy company Equinor has announced it will discontinue its offshore wind business activities in ****** an and close its Tokyo office by the end of 2026.
The decision follows a review of the company's strategic direction, with Equinor indicating it will place a stronger emphasis on integrated power markets.
Equinor has operated in ****** an since 2018, taking part in the country's developing offshore wind sector alongside local partners, government bodies and industry groups.
However, the company has not secured leases in a series of public auctions for offshore wind projects during its time in the ****** anese market.
The company cited its ongoing strategic evaluation as a reason for its withdrawal.

Carvana Co. (NYSE:CVNA) is one of the best non-tech stocks to buy according to ****** ysts. RBC Capital cut the price target on Carvana Co. (NYSE:CVNA) to $85 from $92 on June 12 and reaffirmed an Outperform rating on the shares, telling investors in a research note that the firm is updating its retail unit cohort model to gauge market share gain expectations embedded into Street estimates. RBC Capital added that its primary take is that the Street's implied FY26 and FY27 market share gains appear a bit more aggressive than prior years.
In a separate development, Carvana Co. (NYSE:CVNA) reported on June 10 that ADESA, a leader in wholesale auto auctions and a subsidiary of Carvana (NYSE: CVNA), announced the launch of ADESA Timed, which is the latest enhancement to ADESA's growing digital wholesale platform. Building on the success of ADESA Clear, ADESA Timed extends ADESA's timed digital auction offering to wholesale sellers. Nikki Behrens, ADESA's Vice President, Marketplaces, stated that ADESA Timed offers customers "a new way to reach ADESA's highly-engaged, digital buyer base while benefiting from the same transparency, efficiency, and technology that define our marketplace."
Carvana Co. (NYSE:CVNA) is a holding company and eCommerce platform involved in the buying and selling of used cars.
While we acknowledge the potential of CVNA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 15 Stocks That Will Make You Rich in 10 Years AND 12 Best Stocks That Will Always Grow.

By Scott Murdoch and Christine Chen
SYDNEY, June 23 (Reuters) - Just a short stroll from Sydney's famous Bondi Beach, auctioneer Clarence White struggles to drum up bids for an airy three-storey home that boasts five bedrooms and an al fresco lounge - price tag, A$5.2 million ($3.64 million).
"We know everyone's cagey at the moment, but that's okay ... all power to those who are registered and those ‌who take action," the veteran auctioneer tells a small group of prospective buyers and onlookers, none of whom bids.
Failed auctions like this were once the exception in Sydney's red-hot property market. Now, clearance ‌rates across the country have plunged, squeezed by an end to property investment tax breaks.
The policy shift unveiled last month is the biggest in decades and seen by some as ending Australia's obsession with property, for generations the primary way to build wealth, making Sydney and Melbourne among the world's least affordable markets.

Here’s a small section of a presumably longer interview with incoming Blue Devil freshman Joaquim Boumtje Boumtje, where he talks about why he decided to go to college, rather than playing a year at an American high school, why he chose Duke, and a bit more.
As it turns out, the Boumtje Boumtjes discussed the potential of starting college this fall, and spoke to a handful of coaches. Boumtje Boumtje says what sold him on Duke was Jon Scheyer and his burgeoning bragging rights about developing talent for the NBA.
There’s a great story here also about how Boumtje Boumtje, having made up his mind what he wants to do, told Scheyer. We’ll let you watch and enjoy it, but if you haven’t seen this or don’t know the story, it’s pretty cool.
One of the appealing things about young Boumtje Boumtje is that he seems to be genuinely humble. That could translate into taking some time to emerge, a la Grant Hill, but like with Hill, it looks like that would be worth the wait.
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Princess Diana had important lessons she wanted to instill in Prince William and Prince Harry before her death.
On Tuesday, June 9, a newly unearthed letter from Diana sent to a man named Michael Barratt will go to auction through Reman Denise Auctions. Barratt first wrote Diana “a supportive letter telling her how hard it can be to move on and that life can be better in time,” after watching her Panorama interview in November 1995, per the Reman Denise Auctions website, and in response, she sent him a two-page handwritten letter a week after the interview.
In her interview with journalist Martin Bashir, Diana — who had already been separated from King Charles III — spoke candidly about her marital problems and her personal struggles.
“The Princess thanks Mr Barratt for his lovely letter, having just received it after her return from her trip to Argentina,” the auction house said about the contents of her letter. “She goes on to say how touched she is by the contents and by his profound words, and in particular relates to his sentiments of self-knowledge and moving on in life.”
Diana further detailed what she wanted to teach her two sons, whom she shares with Charles, 77.