Across the country, homeowners are renovating rather than moving.
Those who locked in mortgage rates a few years back have done the math: selling means financing at today's rates, and that can add hundreds of dollars a month to housing costs. Most have decided it is not worth it.
The house they are in is the one they intend to keep.
Home Depot (HD) CFO Richard McPhail put a name to it on the company's most recent earnings call. Housing turnover has "never been lower as a percentage of the housing stock," McPhail said. He called it "frozen housing market conditions."
The 30-year fixed rate stood at 7.24% the week of Oct. 29, per Freddie Mac. For anyone sitting on a 3% mortgage from 2020, that number explains the freeze entirely.

#rates #richard #freddie

A Michigan retiree couple needs roughly $927,000 invested at a 4% withdrawal rate, versus $1.07 million in Florida.
Florida homeowners pay $8,471 yearly for insurance versus $2,415 in Michigan, a $6,000 gap that requires $151,000 in extra savings.
Michigan exempts Social Security and offers married couples a $128,080 retirement deduction, potentially zeroing state tax on a $37,000 IRA withdrawal.
Read More: Avoid these 13 retirement mistakes before they derail your future (sponsor)
Retiring to a lake town in Michigan or Wisconsin often raises questions about snow and winter conditions compared with a move to Florida. Winter is one factor in that comparison, but the rest of the picture gets mentioned less often: insurance, taxes, housing, and summers. This piece runs the numbers for a couple at full retirement age.

#often

KUALA LUMPUR, Malaysia (AP) — Defending champion and world No. 4-ranked Miyu Yamashita shot a 6-under 66 Friday to take a two-stroke lead after two rounds of the LPGA Tour's Maybank Classic.
The 2025 Women's British Open winner had a two-round total of 13-under 131 on the Kuala Lumpur Golf and Country Club course. She won last year's Malaysian tournament after a three-way playoff.
Julia Lopez Ramirez birdied three of her final four holes for a 66 and was tied for second with Pauline Roussin-Bouchard, who led by a stroke after the first round.
"Try to keep your mind cool and your body hydrated in these conditions," Lopez Ramirez said of her preparations for the weekend in the usual high humidity in Kuala Lumpur.
A Lim Kim had the round of the day, a 64, and was in fourth place, three strokes behind Yamashita.

#round #lopez #malaysia

Josh Reaume endured a challenging afternoon in Friday's Love's RV Stop 225 at Talladega Superspeedway, finishing 22nd after starting 33rd. The Team Reaume driver gained 11 positions during the event and briefly led one lap in his No. 22 Ford.
Reaume began the race near the rear of the field, facing the challenge of advancing through a competitive 36-truck lineup. However, the unpredictable drafting conditions provided several opportunities for competitors to gain positions as the running order constantly changed.
The first major accident occurred on Lap 17, collecting eight trucks and forcing NASCAR to temporarily stop the race. Reaume avoided elimination in that incident and continued battling for track position as the event progressed. His Ford also remained competitive during the second stage, when multiple drivers experienced tire problems and varying pit strategies reshuffled the field.
Reaume eventually moved into the lead for one lap, providing a notable moment during his afternoon. The final stage featured additional accidents and an overtime finish, but Reaume could not remain on the lead lap. He ultimately completed 82 laps and finished 22nd, four laps behind winner Sammy Smith.
The performance earned Reaume 15 points and represented an improvement of 11 positions from his original starting spot.

#Event #field

Frankie Muniz delivered an encouraging performance during Friday's Love's RV Stop 225 at Talladega Superspeedway, finishing 12th after starting 31st. The Team Reaume driver gained 19 positions during an afternoon filled with major accidents and unpredictable drafting conditions.
Muniz began the race near the rear of the field, facing the challenge of working through a competitive 36-truck lineup. His No. 33 Ford remained in competition during the opening stage while several drivers encountered significant problems. The first major accident occurred on Lap 17, eliminating multiple competitors and dramatically reshaping the running order.
Muniz avoided involvement in the incident and continued improving his position as the race progressed. Another accident on Lap 57 eliminated additional trucks, creating opportunities for drivers who had remained out of trouble. Muniz continued competing through the final stage and stayed on the lead lap as the field prepared for an overtime finish.
He ultimately crossed the finish line 12th, completing all 86 laps and finishing 10.163 seconds behind winner Sammy Smith. The result earned Muniz 25 points and represented an important performance during his 2026 Truck Series campaign.
His ability to advance through the field and complete the demanding superspeedway event provided a positive result for Team Reaume.

#muniz #field

Brenden Queen delivered an impressive seventh-place finish in Friday's Love's RV Stop 225 at Talladega Superspeedway, recording the highest finish among the race's rookie competitors. The Kaulig Racing driver started 36th and gained 29 positions during an event filled with major accidents and unpredictable drafting conditions.
Queen began the afternoon at the rear of the field but steadily worked forward as the race progressed. His No. 12 Ram demonstrated competitive speed during the middle stages, allowing him to challenge established Truck Series contenders. Queen secured the final stage point in Stage 2 by finishing 10th, providing an early boost to his afternoon.
He remained competitive during the final stage, briefly battling among the leading trucks as Tanner Gray and others exchanged positions. Queen avoided the severe damage that eliminated multiple competitors and maintained a strong position heading into overtime. He ultimately finished seventh, just 0.277 seconds behind winner Sammy Smith.
The result earned Queen 31 points and represented an important performance during his rookie campaign. Queen remains 15th in the overall NASCAR Craftsman Truck Series standings with 472 points, sitting just three behind Justin Haley.
Although he missed the championship Chase, Queen will attempt to continue improving his position at Martinsville and Homestead-Miami.

#truck #seventh #finish #afternoon

AA Milne's first Pooh book was published a century ago in October 1926. Generations of children loved it, but its inspiration, the author's own son, told the BBC that he took to "running away when people bring up the subject".
"Pooh, promise you won't forget about me, ever. Not even when I'm a hundred." This is the plaintive cry made by Christopher Robin to his teddy bear, Winnie-the-Pooh, in the final chapter of The House in Pooh Corner.
British novelist and playwright AA Milne needn't have worried. The first Winnie-the-Book was published 100 years ago in October 1926, and introduced a cast of characters modelled on the author's son and the soft toys he played with: lovably dim Pooh Bear, nervy Piglet, hyperactive Tigger, pessimistic Eeyore. Far from being forgotten, in the century since then the characters have taken on a life far beyond the parameters of their idyllic home, the Hundred Acre Wood.
BBC Radio 4, Desert Island Discs: Christopher Milne, 13/11/1976
From 1966, they became the subject of animated and live-action Disney films, in what is now one of the highest-grossing media franchises of all time. Pooh Bear has even courted controversy in Poland for being "inappropriate", sparked memes mocking the Chinese president Xi Jinping, and prompted tongue-in-cheek pop-culture theories in which the residents of the Hundred Acre Wood have been "diagnosed" with different psychological conditions.

#christopher #acre #wood

PARIS (AP) — The weekend of riots and looting in France did not spare soccer clubs Marseille and Lille.
The Ligue 1 teams said their shops have been vandalized during the protests against rising living costs and poor conditions in schools. Over half a million mainly peaceful protesters took to the streets on Saturday but small groups of people set fires in the streets and looted businesses in Paris, Lyon, Marseille and other cities.
Marseille said in a statement on Monday the looters caused "significant damage" to its official store located on La Canebière — the southern port city's most famous avenue — which has been temporarily closed.
Up north, Lille's city center store "suffered extensive damage and widespread looting," the club said, adding that the shop will remain closed until further notice.
Lille thanked "everyone who has offered their support over the past few hours — first and foremost, our store employees, but also the many passersby, whether supporters or not, who spontaneously stepped forward to offer their help, practical ****** istance and comfort."

#closed #ligue

Reading Women fought back from 3-1 down at half-time to claim a thrilling 5-3 victory over Chesham United at The Meadow on Sunday.
Chesham made a flying start, with Holly Fitzgerald and Ruby Slade scoring within two minutes of each other to put the hosts 2-0 ahead. Alice Curr pulled one back for the Royals, but United restored their two-goal advantage before the break when Henrietta Cunnison headed home from a corner to make it 3-1 at the break.
The first half was made even worse after an injury to Leah Why, last weekend's hat-trick hero, who hobbled off with ****** istance from two members of the Reading coaching team before being taken to hospital for further tests.
Reading bounced back with a determined second half, however. Bethan Poole struck first to give the Royals renewed vigour before Nat Cowell scored twice to complete the turnaround and put Reading in front, before Ellie Luscombe opened her account for the season and added a fifth goal, capping off an impressive turnaround and putting the result beyond doubt.
In the most autumnal of conditions, with torrential rain falling throughout the afternoon, the Royals displayed grit, tenacity and strength of character, fighting back to secure their second consecutive away league win of the season.

#reading #chesham #break #first

Serious unrest has rocked Olympique de Marseille. The French club's official store, located in the heart of the city, has been violently looted and vandalized amid a wave of street disturbances. The incident has left the club facing significant financial losses and sent shockwaves through French football.
The incident began when an unknown number of ******* ailants forced their way into the club's store. Once inside, they ransacked the premises: official shirts, training gear and various other merchandise disappeared from the displays within minutes, prompting a swift police response.
According to a statement, after ******* sing the scale of the raid, local authorities sealed off the store to begin investigating the scene and collecting evidence. The club, meanwhile, has been forced to order the temporary suspension of in-store sales until safe conditions can be restored.
Olympique de Marseille's board has issued a statement unequivocally condemning these acts of vandalism, stressing that surveillance footage has already been handed over to police to identify those responsible. Club sources emphasize that this attack does not tarnish the fans' commitment or the club's image.
Police investigators are keeping all lines of inquiry open, and arrests are expected in the coming hours following a review of the footage. The store will remain closed to the public indefinitely while repairs are carried out and a final ******* sment is made of the financial damage suffered by the club.

#official #forced

Bengaluru: When batters are scoring at 11.46 runs an over, even quality bowling attacks can be made to look ordinary. India's T20I series against the West Indies has exposed the vulnerability of the hosts' pace unit, with flat pitches, dew and short boundaries proving a punishing combination for bowlers.

West Indies' stunning 250-run chase in Ranchi, completed with nine **** to spare, prompted a stern **** sment from India head coach Gautam Gambhir.

"These bowlers are our bowlers, not someone else's bowlers. Their careers are at stake," he had said, underlining the scrutiny facing the attack.

With the exception of Indore, where India successfully defended 223, the bowlers struggled to contain a fearless West Indies batting line-up. While the absence of Jasprit **** rah and, to an extent, Hardik Pandya has been felt, the bigger concern for the team management is the inconsistency shown by Arshdeep Singh, Mayank Yadav and Prince Yadav.

The two young quicks, Mayank and Prince, have alternated between brilliance and waywardness during the series, highlighting the challenges of adjusting to different match situations. The fourth T20I in Hyderabad offered a clear example. India conceded 18 extras, including 13 wides. Arshdeep accounted for six, while Mayank and Prince leaked two and one, respectively. Their attempts to execute wide yorkers and fuller deliveries repeatedly missed the mark, allowing the West Indies batters to maintain the pressure.

India's lack of proven T20 pace-bowling depth has consequently become a talking point. That has put renewed focus on the return of Bhuvneshwar **** ar, whose recall after nearly four years away from the national side could prove timely.

The experienced swing bowler has enjoyed a productive run in the IPL, taking 45 wickets across the last two seasons. More importantly, his success has been built on control and execution rather than sheer pace, qualities that India's younger quicks have often lacked in this series.

Conditions, however, have offered little respite to bowlers. High-scoring surfaces and heavy dew have meant that even small lapses have come at a significant cost.

As India prepare for a demanding tour of New Zealand, they know the challenges ahead will be very different. The pitches may offer more **** istance, but the key question remains whether the bowling group can quickly adapt and improve its consistency.

On the eve of the rain-affected series finale in Bengaluru, fast-bowling coach Morne Morkel urged observers to consider the physical and mental demands placed on modern cricketers.

"We sometimes forget that mental fatigue plays a big part. We have to manage that and be smart with it. Some of the players went for the Asian Games and then straight into a full series against the West Indies. These guys are also human," Morkel said.

"Execution and skills become better when you've recovered, slept well and mentally refreshed. That's a challenge. We're going to N

England had just been beaten by Sri Lanka in the second one-day international at Headingley and coach Brendon McCullum was speaking to his players in the dressing room.
"The game is slightly different now," he said. "The ball is playing a massive part."
The difference McCullum referenced is reverse swing - the way an older ball moves in the air in the opposite direction to convention.
The playing conditions in ODIs were changed in July 2025, allowing captains to choose after 34 overs which of the two white **** used at either end they would like to use to complete the rest of the innings.
With the chosen ball now able to get older and scruffier, the result has brought a reverse swing renaissance, something which is already having an impact on the format and poses intriguing possibilities for the future less than 12 months out from the next World Cup.

#ball #mccullum #playing #older

The USS Abraham Lincoln, the US aircraft carrier that has been deployed for nearly a year and has spent months supporting US military operations against Iran, is scheduled to dock in San Diego on Thursday afternoon.
It marks the end of a deployment that has been described as "one of the most operationally intense and consequential of the modern era" and that became marked by a record-stretch at sea, repeated deployment extensions, and reports of supply shortages, and deteriorating morale and mental health among some crew members.
The Lincoln left San Diego last November, initially bound for the Pacific. But it was redirected to the Middle East after the US and Israel launched their war with Iran in late February. The carrier remained there until late August, when it was relieved by the USS George Washington and began its journey home.
Earlier in August, the Lincoln's deployment made headlines and faced scrutiny as reports began surfacing about poor living conditions aboard the ship, including shortages of supplies and water, plumbing problems, low morale, and worsening mental health among the roughly 5,000 personnel on the carrier. Two leading military newspapers also reported that there had been two attempts by sailors to jump overboard, causing concern among families and military health experts.
The reports prompted outrage from Democrats, while senior officials in the Trump administration pushed back. Pete Hegseth, the US defense secretary, called the reports "completely misrepresented", and when reporters asked Donald Trump if he thought the deployment had gone on too long, he responded: "Not nearly long enough" – a comment that angered some naval families.

#military #Health

Saved by the Bell actor Dennis Haskins' cause of death has now been disclosed one week after his passing. Haskins, who was best known for playing Principal Belding on the hit NBC sitcom, died at the age of 75. The newly revealed details now provide insight into the health condition that led to his death.
Dennis Haskins' death certificate has revealed new details about the health issues that he faced before his death. The document confirms that Parkinson's disease was the immediate cause of death for the actor.
The certificate, obtained by TMZ from the Los Angeles County Department of Public Health, states that Haskins died on September 27, 2026, at Providence Saint Joseph Medical Center in Burbank. It also mentions several other conditions, including irritable bowel syndrome, depression, hypertension, and benign prostatic hyperplasia.
Haskins had kept his Parkinson's diagnosis largely out of the public eye. His ex-wife, Sarah Quinones, previously said that he went to considerable lengths to keep his illness private, including cutting off communication with people who were close to him. According to Quinones, Haskins stopped returning her calls and messages, as well as those from other confidants who tried to reach him.
Haskins reportedly spent the latter part of his life in an **** isted-living facility. His friend and caretaker Kimberly Snow said he had been dealing with Parkinson's for eight years and had remained in **** isted care since receiving the diagnosis. Previously, Haskins agent Jay Schacher said, "It's a tragic loss. He was a great person, and he loved, I mean absolutely LOVED his fans. He always had time for them, no matter what."

#haskins #loved #actor

Tens of thousands of demonstrators took to the streets across France on Tuesday, as unions and teachers joined high school students who for days have been demanding better learning conditions in protests punctuated by violent confrontations.
Students have blocked the entrances to hundreds of high schools for 15- to 17-year-olds since late September, complaining of missing teachers, overloaded timetables, dilapidated classrooms and buildings that cannot cope with rising temperatures.
Unions, rights groups and the children have accused the authorities of using disproportionate force -- a police stun grenade tore the hand off one teenager on Monday and another youngster had his teeth knocked out last week after police fired a grenade launcher at his head.
"I'm afraid for my future," Selma, 15, told AFP without giving her surname, among the thousands marching in the country's second largest city of Marseille.
The unrest has erupted with just months to go before the 2027 election to choose a successor to centrist President Emmanuel Macron, with far-right veteran candidate Marine Le Pen riding high in the polls despite a graft conviction.

#students #teachers #tens

50 Cent, like clockwork, has publicly commented on news of Sean "Diddy" Combs having reportedly been placed back in solitary confinement.
News of Diddy's change in prison conditions came almost immediately after a sources-citing NBC News report in which the Bad Boy Records founder's life behind bars was described as "pampered." Specifically, the 56-year-old was accused of having enlisted fellow inmates to handle his laundry and provide him with massages, among other menial tasks.
Amid these claims spreading far and wide, TMZ said that Diddy, currently set for a January 2028 release, would be moved into solitary confinement while an investigation was carried out.
"Yo the box again for what?" Fif later wrote in an Instagram post when reacting to the news. "Whatever they say he did, he did that **** . LOL."
COMPLEX SHOP: Shop the brands you love, anytime and anywhere. Uncover what's next. Buy. Collect. Obsess.

#diddy #combs

A man who has dedicated his life to raising money for children with life-limiting conditions was left stunned when Tom Cruise walked in during a fake interview.
Lloyd Kembrey, 30, from Bristol, travelled to London believing he was filming a documentary about fundraising, only to be surprised by the actor, who congratulated him on his extreme fundraising challenges.
Cruise said at the meeting, which was staged by the One Show: "I'm here to give you one big thank you. I've done a lot of wild things and stunts, but when I heard about [his] adventure, I just thought, I gotta meet this guy."
Kembrey, who raises money for charity Jessie May, added: "I couldn't believe it. I'm just really grateful."
The trusts' former CEO Daniel Cheesman described Kembrey as a "role model to all of the children and young people that Jessie May supports".

#money #london

Even famed "bond king" Bill Gross is warning investors about the risks of owning longer-term bonds, arguing that excessive debt and current macroeconomic conditions have made them increasingly risky. But his recommendation comes with one important exception.
In a Sept. 30 op-ed for the Financial Times, Gross, who co-founded ***** et management giant Pacific Investment Management Company (PIMCO), put it bluntly: "Don't own bonds."
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 reasons why retirees can't afford to waste time
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

#gross #bill #bonds

Warren Buffett stepped down from his role as the chief executive officer of Berkshire Hathaway (NYSE: BRKA)(NYSE: BRKB) at the end of 2025. During his 60-year tenure, he grew the company into a $1 trillion conglomerate with multiple wholly owned subsidiaries, a $350 billion stock portfolio, and over $350 billion in cash.
Had an investor purchased $500 worth of Berkshire shares when Buffett took the helm in 1965, thatr person would have been sitting on a whopping $24 million by the time Buffett stepped down. However, Buffett was a full-time professional investor, so he always knew the average person would struggle to replicate his results. That's why he regularly advocated for exchange-traded funds (ETF) that track a diversified index like the S&P 500 (SNPINDEX: ^GSPC).
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 »
In his 2013 annual letter to shareholders (published in February 2014), Buffett specifically recommended the Vanguard S&P 500 ETF (NYSEMKT: VOO) because of its exceptionally low fees. While young investors in their 20s and 30s can afford to take more risks, those in their 40s who want to achieve financial security heading into retirement might want to heed Buffett's advice. Here's why I'd buy the Vanguard ETF if I were in that age group.
The S&P 500 is made up of 500 American companies from 11 different sectors of the economy. It has a very strict entry criteria, requiring its members to maintain a market capitalization of at least $22.7 billion, and they must also generate positive earnings. But even after meeting those conditions, a special committee still has the final say over which companies make the cut.

#NVIDIA #signal #flashing

Hollywood icon Judi Dench is speaking out against retail giant Petco over alleged mistreatment of birds.
The 91-year-old Oscar winner sprang into action after watching a PETA investigation depicting disturbing conditions at a "mass breeding factory in Petco's supply chain."
Page Six Hollywood reported Friday, October 2, that Dench did not mince words in a letter to Petco CEO Joel Anderson.
"The footage revealed that thousands of parakeets were confined to cramped, filthy cages with no opportunity to fly, explore, or engage in the natural behaviors that make them who they are," Dench wrote in part, per the outlet. "Some birds suffered severe injuries, including a bird who had lost an eye and a chick whose wing had shriveled, blackened, and fallen off."
ZUMAPRESS.com / MEGA

#petco #peta #page

The heatwave is expected to last for nearly a week.
A dangerous, long-duration heatwave is sweeping through much of Southern California beginning Friday, creating increased fire risk in the region.
Extreme to moderate heat warnings are in place for more than 34 million Californians, with temperatures forecast to reach between 92 and over 105 degrees, including along the coastal plains.
The National Weather Service in Los Angeles warned the conditions have created a high risk of "large and fast-moving fires" in the region's valleys and mountains.
The heatwave is expected to begin on Friday and last through at least Oct. 8.

#heatwave #southern #extreme #californians

California Resources Corporation (NYSE:CRC) announced on September 17 that it had agreed to sell its Uinta Basin **** ets, located mostly in Utah and Colorado, to an undisclosed buyer for $90 million in cash. The company had come to own the Uinta **** ets, which span about 100,000 net acres, after it acquired Berry Corp last year. However, CRC considered them non-core to its operations. The net proceeds from the sale will be used for shareholder returns and other corporate purposes.
Francisco Leon, President and CEO of California Resources Corporation, commented:
"Today's transaction strengthens our business. The monetization of our Uinta Basin **** ets sharpens our focus on California and captures additional value from the Berry merger. This transaction enhances our capital allocation flexibility, allowing us to invest in higher-return opportunities within the Golden State and supports our shareholder return strategy. The sale also helps offset the purchase price of our recent midstream transaction."
The transaction is expected to close by year-end, subject to the receipt of certain third-party consents and other customary conditions.
The sale will allow CRC to redeploy the $90 million toward **** ets that are central to its operating strategy while avoiding additional capital commitments to Uinta. The company already stated in its Q2 earnings call that Uinta has higher capital intensity, higher break-evens, lower crude quality, higher transportation and operating costs, and steeper declines. Therefore, the sale removes a portfolio distraction at a time when CRC is concentrating investment in California infrastructure and production.

#uinta #assets #transaction #capital

Definium Therapeutics, Inc. (NASDAQ:DFTX) has now delivered a third consecutive positive Phase 3 readout for its LSD-based medication, the second in generalized anxiety disorder. The result puts the company on a viable route toward a potential FDA approval of an LSD-based treatment for generalized anxiety disorder, and considering how closely psychedelic stocks have historically traded on each other's data, the reading carries far more weight than Definium's own ticker.
On September 14, Definium Therapeutics, Inc. (NASDAQ:DFTX) announced that its drug DT120, an orally disintegrating tablet formulation of LSD, was successful in Panorama, the company's second late-stage anxiety trial. Over 12 weeks, patients who received a 100-microgram dose experienced a 9.8-point decline on the Hamilton Anxiety Rating Scale, a typical clinical measure, compared to a 4.7-point drop with placebo.
The resulting 5.1-point placebo-adjusted improvement is similar to what the company's first pivotal anxiety trial, Voyage, showed back in August: an 11.6-point improvement versus 6.2 for placebo, a 5.4-point separation that Jefferies called one of the strongest placebo-adjusted efficacy results ever seen in generalized anxiety disorder, and that Stifel simply described as "a clean win."
Psychedelic equities have a history of trading as a group rather than as individual names, and this tendency applies both ways. In February 2026, when Compass Pathways, the sector's other clinical leader developing a psilocybin-based drug for treatment-resistant depression, reported positive late-stage data, shares of Definium Therapeutics, Inc. (NASDAQ:DFTX), Atai Beckley, GH Research, and Helus Pharma all rose, some by double digits.
That correlation is significant here because Definium's win is an independent validation of the broader therapeutic argument on which Compass and others are betting: a single dose of a classic psychedelic, administered in a controlled clinical setting, can produce lasting improvements in serious mental health conditions via pathways different from existing SSRIs and other standard-of-care drugs.

#definium #placebo

Credit card companies are racing to claim a place at the checkout when AI agents start shopping on behalf of consumers—even as shoppers remain skeptical of letting bots spend their money.
Mastercard rolled out a payment option Thursday that lets people give an AI agent a virtual card and allow it to buy things online without checking in before each purchase. Cardholders can limit how much it spends, restrict which retailers it buys from, or require approval before checkout.
"This is a land grab for infrastructure standards," Phil Bruno, chief strategy and growth officer at payments company ACI Worldwide, told Fortune. "If they set the standards for agentic commerce, they can keep the commerce in their environments for decades to come."
Rival Visa partnered with Alchemy earlier this year and has also announced its own AI shopping and payment product, Visa Intelligent Commerce, which the company says is still being deployed. Similarly, Meta has Muse, which can search for products and navigate checkout, but presents the purchase for the user's final approval.
It seems, though, that shoppers appear far more interested in using AI to find a deal than letting it pay. Just 7% of U.S. and U.K. consumers surveyed who buy fashion items said they would allow an AI ***** istant to make purchases without approval under predefined conditions, according to research commissioned by ACI Worldwide. More than half said they were uncomfortable allowing AI to purchase on their behalf.

#purchase #consumers

Xenon Pharmaceuticals (XENE) shares crashed on Friday after the biopharmaceutical firm said it has paused new patient enrollment in its clinical trials evaluating azetukalner. As investors responded to the setback involving XENE's lead drug candidate for major depressive disorder, its relative strength index (RSI) slipped into the early teens, indicating extremely oversold conditions.
Following today's decline, Xenon Pharmaceuticals stock is trading nearly 40% below its year-to-date high.
Bank of America Just Declared a 'Generational Entry Point' in U.S. Bonds. Why Investors Should Be Backing Up the Truck on Treasuries Here.
Mark Cuban Says He Was Dizzy for Months, So He Built a VR Fix That Does at Home 'Much Of What A 180k Machine' Does
JPMorgan Gives Up Forecasting Iran War Endgame as Trump Tells Reporters 'Anything Could Happen With Me'

#xene #following #America

Millions in Cuba were left without power on Friday as the country was plunged into yet another major blackout.
The country's entire electricity grid suffered "total disconnection" that triggered a nationwide outage, Cuba's energy ministry said.
Power was restored to some priority areas by late evening, including those near hospitals and water pumping stations in the capital Havana, grid operator UNE said.
It is at least the sixth partial or total blackout to hit Cuba this year, where ageing electricity infrastructure and chronic fuel shortages have been placed under further strain by a US blockade on oil shipments to the communist-run nation.
UNE said the outage started just before 14:00 local time on Friday (18:00 GMT) due to a transmission fault coupled with poor weather conditions in central Cuba.

#grid

Picture a snowy mountain slope in France or an elite tennis court during a grand slam. Whether it is an Arc'teryx jacket designed for the harshest alpine conditions or a Wilson racket in the hands of a professional, Amer Sports (NYSE:AS) equips the world's most demanding athletes. The company functions as a global powerhouse in athletic gear and apparel, operating a premium multi-brand platform that spans from high-end technical clothing to specialized sports equipment. With its current stock price at $27.26 as of Sept. 16, 2026, the company has seen the stock decline 26% over the past year, reflecting the market's digestion of its rapid post-IPO scaling.
Our proprietary Hidden Gems scoring system **** igns Amer Sports an overall Superscore of 75 out of 100, placing it in the Above Average category. This score ranks the company in the Top ~21% of every company we evaluate, ahead of roughly 79 out of every 100 firms we score. The Superscore serves as a data-driven starting point, and this article examines both the operational momentum fueling its recent success and the structural hurdles that keep the company below top-tier rankings, helping you weigh these signals against your own research.
Strong revenue momentum: The company achieved 27% year-over-year revenue growth in 2025, reaching $6.6 billion as it successfully scaled its brand-led platform across global markets.
Effective channel pivot: Direct-to-consumer revenue surged 43% in 2025, allowing the company to capture higher margins and deepen its direct relationship with premium consumers.
Expanding operational efficiency: Adjusted EBITDA margins widened to 18% in 2025, demonstrating that the company's shared infrastructure strategy is successfully converting scale into bottom-line profitability.

#company #sports #global #premium

Estes Express Lines is investing nearly $56 million to expand its cross-border and offshore freight network, including terminals, equipment and capacity serving Canada, Mexico, Alaska, Hawaii and Puerto Rico.
Alex Peebles, senior director of offshore and international at Estes, said the privately held, family-owned carrier is taking a longer view of the freight market rather than allowing current conditions to dictate its investment strategy.
"We're really looking at all of these investments from a long-term horizon and viewpoint perspective and one that's going to help accommodate growth and capacity into all the offshore international markets that we service," Peebles told FreightWaves.
Estes, which is celebrating its 95th anniversary this year, is North America's largest privately held less-than-truckload (LTL) freight transportation provider. The company operates a network of over 300 terminals and service centers across the U.S., Puerto Rico, Alaska, Hawaii with coverage extending to Canada, Mexico and the Caribbean
Peebles said the company's ownership structure gives it flexibility to move quickly when real estate and equipment opportunities arise.

#rico

Burford Capital Limited (NYSE:BUR) announced on September 14 that its indirect, wholly owned subsidiary, Burford Capital Global Finance LLC, priced $300 million of 8% senior secured notes due 2029. Closing is expected September 17, subject to customary conditions.
Net proceeds and existing cash are intended to redeem the subsidiary's 6.25% unsecured notes due in 2028. The transaction would move this maturity into 2029, with a coupon 175 basis points higher.
The September 14 offering announcement confirmed $400 million of outstanding 2028 notes, making the cash contribution central to the refinancing. Burford Capital Limited (NYSE:BUR) said it expected to issue a conditional notice targeting September 24, 2026, for redemption of all $400 million, subject to successful completion of the $300 million financing.
For Burford Capital Limited (NYSE:BUR), refinancing ahead of maturity creates more room for litigation investments to generate cash. Court proceedings, settlements, and collections follow uncertain schedules. Reducing dependence on a particular realization date could help management preserve investment value.
Redeeming the confirmed $400 million balance with $300 million of replacement notes would reduce gross principal by $100 million. Calculated annual coupons would fall from $25 million to $24 million, before fees and other financing costs.

#capital #september #NYSE

Crane Company (NYSE:CR) announced a definitive agreement on September 14 to acquire Trillium Flow Technologies' U.S. pump business for approximately $240 million. The operations primarily serve municipal water and wastewater customers and are expected to generate approximately $115 million in full-year revenue. Closing is expected in the fourth quarter, subject to regulatory approvals and customary conditions.
The acquisition would add Floway, Wemco, Roto-Jet and WSP to Process Flow Technologies. Their installed equipment base supports service, repair, retrofit and replacement demand, giving the transaction a recurring-revenue rationale.
Crane Company (NYSE:CR) disclosed a price of approximately 14.6 times estimated 2026 adjusted EBITDA. Adjusted EBITDA is a company-defined non-GAAP measure based on earnings before interest, taxes, depreciation, and amortization, with further adjustments. The announcement did not specify the target's adjustments or provide a GAAP reconciliation.
Water and wastewater systems require reliable pumping equipment throughout their operating lives. An established installed base creates opportunities to sell replacement parts, restore equipment, and upgrade performance long after the original sale.
For Crane Company (NYSE:CR), those customer relationships could make revenue less dependent on winning entirely new projects. Service capability and product familiarity may also help retain customers when equipment eventually needs replacement.

#NYSE