1 hr. ago
With the points race secured on Saturday, Sunday's American Flat Track Springfield Mile II SuperTwins race at the Illinois State Fairgrounds was simply riders racing to win.
For Davis Fisher, it was a chance to gain momentum for his 2027 campaign.
Fisher put his KTM 790 Duke motorcycle past Australia's Tom Drane by just 0.009 seconds to win the season finale, his first win since 2021.
"We had seven podiums this year, (but winning) feels great," Fisher, of Warren, Oregon, said. "Going into Springfield, the team worked as hard as they could. They knew what we had and said, 'It's up to you.'
"How we finished (Saturday, fourth place), it was kind of hard on me, but coming on top in the last race of the season, feels pretty good carrying it into next season."
#fisher #american #flat
For Davis Fisher, it was a chance to gain momentum for his 2027 campaign.
Fisher put his KTM 790 Duke motorcycle past Australia's Tom Drane by just 0.009 seconds to win the season finale, his first win since 2021.
"We had seven podiums this year, (but winning) feels great," Fisher, of Warren, Oregon, said. "Going into Springfield, the team worked as hard as they could. They knew what we had and said, 'It's up to you.'
"How we finished (Saturday, fourth place), it was kind of hard on me, but coming on top in the last race of the season, feels pretty good carrying it into next season."
#fisher #american #flat
3 hours ago
The Washington Huskies entered their Sunday afternoon Apple Cup showdown against the Washington State Cougars with an intention to get off to a hot start. Washington head coach Jedd Fisch probably preached that message to his team often leading up to this matchup.
Unfortunately, the Huskies, ranked No. 17 in the ***** ociated Press' Preseason Top 25 Poll, came out flat. Washington only held a 10-0 lead at halftime and struggled to pull away from their bitter rivals until late in the fourth quarter.
As NBC televised the game nationally, Huskies fans voiced their frustration with Washington's performance.
A lot of their comments were focused on Fisch, who is on the hot seat this season. Fisch is calling the plays on offense for his team, so there's even more ***** e for him to be a target of frustration.
DIVE IN: PFN's Free CFB HQ — Team and Player Stats, Info, and More
#fisch #frustration #sunday #cougars
Unfortunately, the Huskies, ranked No. 17 in the ***** ociated Press' Preseason Top 25 Poll, came out flat. Washington only held a 10-0 lead at halftime and struggled to pull away from their bitter rivals until late in the fourth quarter.
As NBC televised the game nationally, Huskies fans voiced their frustration with Washington's performance.
A lot of their comments were focused on Fisch, who is on the hot seat this season. Fisch is calling the plays on offense for his team, so there's even more ***** e for him to be a target of frustration.
DIVE IN: PFN's Free CFB HQ — Team and Player Stats, Info, and More
#fisch #frustration #sunday #cougars
4 hours ago
Iran's regime maintains an iron grip on power but still can't ignore the impact of U.S. economic warfare, which is getting even tougher.
That extends even to Supreme Leader Ayatollah Mojtaba Khamenei, who hasn't been seen in public since the U.S.-Israeli strike on Feb. 28 that killed his father.
In a written statement issued late last month, he banned Iranian officials from "committing anything that harms social cohesion" and urged them to avoid any "discouraging statements that weaken national and public motivation," according to Reuters.
That's as economic hardship and long lines at gas stations have already stirred some fresh protests, though not at the massive scale that was seen in January.
Still, a currency collapse last year and high inflation triggered widespread unrest, and the regime slaughtered thousands in a brutal crackdown. Since then, the rial has plunged to new lows and economic conditions have worsened due to the U.S. war and naval blockade.
#economic #supreme
That extends even to Supreme Leader Ayatollah Mojtaba Khamenei, who hasn't been seen in public since the U.S.-Israeli strike on Feb. 28 that killed his father.
In a written statement issued late last month, he banned Iranian officials from "committing anything that harms social cohesion" and urged them to avoid any "discouraging statements that weaken national and public motivation," according to Reuters.
That's as economic hardship and long lines at gas stations have already stirred some fresh protests, though not at the massive scale that was seen in January.
Still, a currency collapse last year and high inflation triggered widespread unrest, and the regime slaughtered thousands in a brutal crackdown. Since then, the rial has plunged to new lows and economic conditions have worsened due to the U.S. war and naval blockade.
#economic #supreme
9 hours ago
Arsenal needed to come from behind to win a breathless game 2-1 against Chelsea at the Emirates Stadium as Kai Havertz scored for the third time in the Premier League against his former club.
Havertz netted midway through the first half to equalise after Morgan Rogers, who the champions missed out on signing during the transfer window, had stunned home fans with a volleyed goal after 77 seconds.
The Germany international was instrumental too in Martin Odegaard's 50th-minute winner, executing a delightful dummy to leave Chelsea's defence flatfooted and create room for the captain to rifle home.
Arsenal's Martin Odegaard scores his side's second goal during the English Premier League soccer match between ****** nal and Chelsea at Emirates Stadium. (is ****** ociated with: «Arsenal claim derby honours v Chelsea, Everton level late v Man Utd») John Walton/PA Wire/dpa
Chelsea had lost four league games in a row at the Emirates, conceding 11 goals, but here they gave ****** nal a far sterner examination than at any time during that sequence, with the front three of Cole Palmer, Joao Pedro and Rogers again showing their potential as ****** ets in a possible ****** le challenge.
#Chelsea
Havertz netted midway through the first half to equalise after Morgan Rogers, who the champions missed out on signing during the transfer window, had stunned home fans with a volleyed goal after 77 seconds.
The Germany international was instrumental too in Martin Odegaard's 50th-minute winner, executing a delightful dummy to leave Chelsea's defence flatfooted and create room for the captain to rifle home.
Arsenal's Martin Odegaard scores his side's second goal during the English Premier League soccer match between ****** nal and Chelsea at Emirates Stadium. (is ****** ociated with: «Arsenal claim derby honours v Chelsea, Everton level late v Man Utd») John Walton/PA Wire/dpa
Chelsea had lost four league games in a row at the Emirates, conceding 11 goals, but here they gave ****** nal a far sterner examination than at any time during that sequence, with the front three of Cole Palmer, Joao Pedro and Rogers again showing their potential as ****** ets in a possible ****** le challenge.
#Chelsea
10 hours ago
September has a bit of a bad rep on Wall Street. The ninth month of the year has historically delivered negative or weaker returns with such consistency that it has even been dubbed "The September Effect."
It's a market anomaly -- an unusual pattern -- but this year it is compounded with real market uncertainty. Among investor concerns: sticky inflation, rising energy prices, hawkish signals from bankers, high yields on U.S. Treasury bonds, a trade war between the U.S. and Canada, an actual war between U.S. and Iran, plus ballooning national debt and continued fears over an AI bubble.
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 »
These are, to be fair, just the negatives, and a complete picture would have to add the positives, such as soaring profits for S&P 500 (SNPINDEX: ^GSPC) companies, steady growth in the U.S. economy, and a stock market that is broadening beyond a few megacap leaders.
There is, however, one persistent concern that goes beyond September's historically weak performance. One of the market's most reliable valuation metrics has been flashing a warning light for months. And, if history is any guide, Wall Street won't like what's coming next.
#flashing
It's a market anomaly -- an unusual pattern -- but this year it is compounded with real market uncertainty. Among investor concerns: sticky inflation, rising energy prices, hawkish signals from bankers, high yields on U.S. Treasury bonds, a trade war between the U.S. and Canada, an actual war between U.S. and Iran, plus ballooning national debt and continued fears over an AI bubble.
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 »
These are, to be fair, just the negatives, and a complete picture would have to add the positives, such as soaring profits for S&P 500 (SNPINDEX: ^GSPC) companies, steady growth in the U.S. economy, and a stock market that is broadening beyond a few megacap leaders.
There is, however, one persistent concern that goes beyond September's historically weak performance. One of the market's most reliable valuation metrics has been flashing a warning light for months. And, if history is any guide, Wall Street won't like what's coming next.
#flashing
10 hours ago
September has arrived. This means that investors need to prepare themselves for what's historically at least been the worst calendar month of the year for stocks.
Since 1928, the S&P 500 (SNPINDEX: ^GSPC) has fallen by an average of 1.1% during September. Historically, the index has produced positive results just 44.5% of the time.
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 »
Given the current backdrop of high inflation, a war in Iran, a mixed labor market, and possible rate hikes from the Fed, it would be easy for investors to think that the S&P 500 could pull back once again -- and to unload shares in advance.
History suggests, however, that this could be the wrong move.
#time #since
Since 1928, the S&P 500 (SNPINDEX: ^GSPC) has fallen by an average of 1.1% during September. Historically, the index has produced positive results just 44.5% of the time.
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 »
Given the current backdrop of high inflation, a war in Iran, a mixed labor market, and possible rate hikes from the Fed, it would be easy for investors to think that the S&P 500 could pull back once again -- and to unload shares in advance.
History suggests, however, that this could be the wrong move.
#time #since
11 hours ago
Wall Street's 64% EPS growth forecast puts NVDA on track for $851 billion in annual net income by 2029, shattering Aramco's all-time corporate profit record.
Jensen Huang says the entire supply chain is running flat out, backed by a $2 trillion cloud backlog and $1.3 trillion in projected 2027 hyperscaler capex.
Just released. Our ******* ysts combed the entire stock market and named the ten best stocks to buy right now, and NVIDIA made the cut. Enter your email to see the other nine names and why NVDA earned its spot. The report is free. Enter your email and see the full list.
$851 billion. That is the approximate annual net income NVIDIA (NASDAQ:NVDA) would generate three years out if Wall Street's forecast of a 64% compounded EPS growth rate plays through, applied to a trailing-12-month base of roughly $193 billion in net income and $7.91 in TTM diluted EPS. For context, Saudi Aramco holds the record for the largest annual profit any company has ever reported, at $161.1 billion in 2022. This is a projection based on ******* yst compounding ******* umptions rather than issued company guidance.
The projected walk is stepwise: Year 1 EPS $13.0 (about $316 billion in net income), Year 2 $21.3 (about $519 billion), and Year 3 $34.9 (about $851 billion). Back into revenue at NVIDIA's current profitability profile and Year 3 sales land near $1.35 trillion, roughly 4 to 4.5 times the current trailing-12-month revenue of about $303 billion.
#annual
Jensen Huang says the entire supply chain is running flat out, backed by a $2 trillion cloud backlog and $1.3 trillion in projected 2027 hyperscaler capex.
Just released. Our ******* ysts combed the entire stock market and named the ten best stocks to buy right now, and NVIDIA made the cut. Enter your email to see the other nine names and why NVDA earned its spot. The report is free. Enter your email and see the full list.
$851 billion. That is the approximate annual net income NVIDIA (NASDAQ:NVDA) would generate three years out if Wall Street's forecast of a 64% compounded EPS growth rate plays through, applied to a trailing-12-month base of roughly $193 billion in net income and $7.91 in TTM diluted EPS. For context, Saudi Aramco holds the record for the largest annual profit any company has ever reported, at $161.1 billion in 2022. This is a projection based on ******* yst compounding ******* umptions rather than issued company guidance.
The projected walk is stepwise: Year 1 EPS $13.0 (about $316 billion in net income), Year 2 $21.3 (about $519 billion), and Year 3 $34.9 (about $851 billion). Back into revenue at NVIDIA's current profitability profile and Year 3 sales land near $1.35 trillion, roughly 4 to 4.5 times the current trailing-12-month revenue of about $303 billion.
#annual
12 hours ago
Prominent economist Mohamed El-Erian argues hyperscalers and national governments are issuing a flood of bonds to keep up their rapid spending velocity onto fewer buyers. Those straightforward circumstances are pushing bond yields up.
"If you look at the amount of issuance that's coming from governments, from hyperscalers, from companies, it far exceeds what you can count on in terms of reliable buyers, and that's why there's been pressure on interest rates, El-Erian told CNBC in an interview on Friday. "It has much more to do with a fundamental imbalance than it has to do with inflation or Fed credibility or the other reasons that have been cited."
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
#governments #buyers #jeff #bezos
"If you look at the amount of issuance that's coming from governments, from hyperscalers, from companies, it far exceeds what you can count on in terms of reliable buyers, and that's why there's been pressure on interest rates, El-Erian told CNBC in an interview on Friday. "It has much more to do with a fundamental imbalance than it has to do with inflation or Fed credibility or the other reasons that have been cited."
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
#governments #buyers #jeff #bezos
12 hours ago
On May 22, the Federal Reserve entered a new era, with President Donald Trump's handpicked successor to Jerome Powell, Kevin Warsh, sworn in as the 17th Fed chair. It also marked a period of uncertainty amid this transition for the Dow Jones Industrial Average (DJINDICES:^DJI), S&P 500 (SNPINDEX:^GSPC), and Nasdaq Composite (NASDAQINDEX:^IXIC).
Warsh has wasted little time setting a new tone as head of the central bank. He's done away with forward-looking guidance in Federal Open Market Committee (FOMC) meeting statements and declared "the Fed's predominant focus right now should be on prices."
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 »
Fed Chair Kevin Warsh has declared that the FOMC will deliver price stability. Image source: Official Federal Reserve Photo.
Though FOMC policymakers are bound to uphold the dual mandate of maximum employment and price stability, the latter is of far greater importance at the moment. Trailing 12-month inflation reached a three-year high of 4.2% in May, driven primarily by Trumpflation vis-à-vis tariffs and the Iran war.
#kevin #chair
Warsh has wasted little time setting a new tone as head of the central bank. He's done away with forward-looking guidance in Federal Open Market Committee (FOMC) meeting statements and declared "the Fed's predominant focus right now should be on prices."
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 »
Fed Chair Kevin Warsh has declared that the FOMC will deliver price stability. Image source: Official Federal Reserve Photo.
Though FOMC policymakers are bound to uphold the dual mandate of maximum employment and price stability, the latter is of far greater importance at the moment. Trailing 12-month inflation reached a three-year high of 4.2% in May, driven primarily by Trumpflation vis-à-vis tariffs and the Iran war.
#kevin #chair
12 hours ago
Wall Street sees a blowout jobs report and spiking Treasury yields as another sign that the Fed is going to have to hike rates to clamp down on inflation.
The US economy added 162,000 jobs last month, blowing past economists' expectations. If the Fed was looking for clues of a slowing economy, this report wasn't it.
"They're a little bit behind the curve," Joe Brusuelas, RSM chief economist, told Yahoo Finance, in reference to the central bank. "They're going to need to hike rates if they want to reinforce their credibility, and that's going to cause a lot of problems at 1600 Pennsylvania Avenue."
The Trump administration has been pushing hard for lower rates to bring borrowing costs down and flatten the yield curve, with the president threatening a trade embargo if they don't.
Read more: How jobs, inflation, and the Fed are all related
#Jobs #rates #curve
The US economy added 162,000 jobs last month, blowing past economists' expectations. If the Fed was looking for clues of a slowing economy, this report wasn't it.
"They're a little bit behind the curve," Joe Brusuelas, RSM chief economist, told Yahoo Finance, in reference to the central bank. "They're going to need to hike rates if they want to reinforce their credibility, and that's going to cause a lot of problems at 1600 Pennsylvania Avenue."
The Trump administration has been pushing hard for lower rates to bring borrowing costs down and flatten the yield curve, with the president threatening a trade embargo if they don't.
Read more: How jobs, inflation, and the Fed are all related
#Jobs #rates #curve
12 hours ago
On August 5, Primerica (NYSE:PRI) reported second-quarter results that read as two different companies bolted together. Net income climbed 13% to $202 million, and earnings per diluted share jumped 19% to $6.45, pushing return on stockholders' equity to 32.1%. Total revenue reached $865 million, up 9% from a year earlier. But those headline figures obscure a split story. The investment arm is sprinting to record highs while the life insurance sales force is quietly getting smaller. Here is what is actually moving the numbers.
Investment and savings product sales hit a record $4.4 billion in the quarter, up 23% from a year ago, while client ****** et values ended the period at an all-time high of $140 billion, up 16%. Net inflows added another $397 million. That growth translated directly into profit. ISP segment revenue rose 21% to $361 million, and pretax income jumped 31% to $104 million, meaning the segment's margin expanded even as it grew. The reason: ****** et-based commission revenue climbed 28%, outpacing the 19% rise in average client ****** ets, thanks to a shift toward higher-margin US managed accounts and Canadian mutual funds.
Primerica also returned $172 million to shareholders in the quarter through $135 million in buybacks and roughly $37 million in dividends, bringing year-to-date capital returns to $352 million. Its effective tax rate improved to 21.7% from 23.9% a year earlier, and its life insurer's statutory risk-based capital ratio stood at approximately 440%, a cushion most insurers would envy.
The company's distribution engine tells a rougher story. The life-licensed sales force fell 3% year over year to 148,612 representatives. Recruiting rose 2% to 82,346 recruits, but far fewer of them actually got licensed: new life-licensed representatives dropped 15% to 11,020. That gap between recruiting and licensing shows up directly in output. The company issued 78,904 life insurance policies, down 12%, with total face amount issued falling 8% to $27.7 billion.
Term Life revenue was roughly flat at $444 million even as adjusted direct premiums rose 3%, and segment pretax income fell 4% to $148 million. Part of that came from cost creep rather than claims: the benefits and claims ratio held steady at 57.9%, but the insurance expense ratio rose to 8.4% from 7.6% a year earlier, eating into a segment that is supposed to be Primerica's stable, predictable cash generator.
#sales
Investment and savings product sales hit a record $4.4 billion in the quarter, up 23% from a year ago, while client ****** et values ended the period at an all-time high of $140 billion, up 16%. Net inflows added another $397 million. That growth translated directly into profit. ISP segment revenue rose 21% to $361 million, and pretax income jumped 31% to $104 million, meaning the segment's margin expanded even as it grew. The reason: ****** et-based commission revenue climbed 28%, outpacing the 19% rise in average client ****** ets, thanks to a shift toward higher-margin US managed accounts and Canadian mutual funds.
Primerica also returned $172 million to shareholders in the quarter through $135 million in buybacks and roughly $37 million in dividends, bringing year-to-date capital returns to $352 million. Its effective tax rate improved to 21.7% from 23.9% a year earlier, and its life insurer's statutory risk-based capital ratio stood at approximately 440%, a cushion most insurers would envy.
The company's distribution engine tells a rougher story. The life-licensed sales force fell 3% year over year to 148,612 representatives. Recruiting rose 2% to 82,346 recruits, but far fewer of them actually got licensed: new life-licensed representatives dropped 15% to 11,020. That gap between recruiting and licensing shows up directly in output. The company issued 78,904 life insurance policies, down 12%, with total face amount issued falling 8% to $27.7 billion.
Term Life revenue was roughly flat at $444 million even as adjusted direct premiums rose 3%, and segment pretax income fell 4% to $148 million. Part of that came from cost creep rather than claims: the benefits and claims ratio held steady at 57.9%, but the insurance expense ratio rose to 8.4% from 7.6% a year earlier, eating into a segment that is supposed to be Primerica's stable, predictable cash generator.
#sales
13 hours ago
Conagra and Campbell's already cut dividends, and Kraft Heinz, General Mills, and Hormel now show frozen or token raises. These are the same warning signs.
General Mills touts 127 uninterrupted dividend years, but its $0.61 quarterly rate has flatlined for four straight declarations while free cash flow dropped 29%.
McCormick raised its quarterly dividend to $0.48 and covers its $483 million payout with nearly $1 billion in operating cash flow, despite a 25% stock decline.
Just released. Our ****** ysts combed the entire stock market and named the ten best stocks to buy right now, and Kraft Heinz didn't make the cut. Enter your email to see the names that beat KHC. The report is free. Enter your email and see if any of your stocks made the cut.
Two big packaged-food dividends have already been cut this cycle. Conagra Brands (NYSE:CAG) reduced its payout, and Campbell's (NYSE:CPB) followed with its own reduction shortly after. Those completed actions frame what income holders should look for in the aisle next. Below are four legacy food names where dividend behavior deserves a closer look.
#kraft #mills
General Mills touts 127 uninterrupted dividend years, but its $0.61 quarterly rate has flatlined for four straight declarations while free cash flow dropped 29%.
McCormick raised its quarterly dividend to $0.48 and covers its $483 million payout with nearly $1 billion in operating cash flow, despite a 25% stock decline.
Just released. Our ****** ysts combed the entire stock market and named the ten best stocks to buy right now, and Kraft Heinz didn't make the cut. Enter your email to see the names that beat KHC. The report is free. Enter your email and see if any of your stocks made the cut.
Two big packaged-food dividends have already been cut this cycle. Conagra Brands (NYSE:CAG) reduced its payout, and Campbell's (NYSE:CPB) followed with its own reduction shortly after. Those completed actions frame what income holders should look for in the aisle next. Below are four legacy food names where dividend behavior deserves a closer look.
#kraft #mills
1 day ago
Annuity payouts look higher because they blend interest with returned principal, but a dividend portfolio keeps your capital invested and available to heirs.
AT&T cut its dividend in 2022 and has held it flat since, while Duke Energy targets 5% to 7% annual EPS growth through 2030.
Splitting $930,000 between an annuity covering fixed expenses and a dividend portfolio for growth offers a viable third path beyond the binary choice.
Read More: Avoid these 13 retirement mistakes before they derail your future (sponsor)
You have $930,000 and one question: Does an insurance company writing a lifetime check produce more monthly income than a dividend portfolio you control? Most of the confusion comes from comparing two numbers that do not measure the same thing.
#Dividend
AT&T cut its dividend in 2022 and has held it flat since, while Duke Energy targets 5% to 7% annual EPS growth through 2030.
Splitting $930,000 between an annuity covering fixed expenses and a dividend portfolio for growth offers a viable third path beyond the binary choice.
Read More: Avoid these 13 retirement mistakes before they derail your future (sponsor)
You have $930,000 and one question: Does an insurance company writing a lifetime check produce more monthly income than a dividend portfolio you control? Most of the confusion comes from comparing two numbers that do not measure the same thing.
#Dividend
1 day ago
A clash of former UFC champions on the RAF mats didn't last long.
In the main event of RAF Moscow, former UFC middleweight champ Khamzat Chimaev took on former UFC welterweight champ Tyron Woodley. The event took place at Arena Mytishchi in Moscow, Russia – the first RAF show in the country. Chimaev and Woodley competed in a catchweight match at 195 pounds.
Chimaev jumped out to a 2-0 lead, and then got a body lock takedown on Woodley, pinning his back flat onto the canvas with 26 seconds remaining in the opening period.
Check out video of the pin in the video below:
Chimaev improves to 2-0 under the RAF banner, following a pinfall victory over Dillon Danis at RAF 10 in June. Woodley won his RAF debut against Joaquin Buckley at RAF 12 on Aug. 22, and now falls to .500 in the wrestling promotion.
#chimaev #khamzat
In the main event of RAF Moscow, former UFC middleweight champ Khamzat Chimaev took on former UFC welterweight champ Tyron Woodley. The event took place at Arena Mytishchi in Moscow, Russia – the first RAF show in the country. Chimaev and Woodley competed in a catchweight match at 195 pounds.
Chimaev jumped out to a 2-0 lead, and then got a body lock takedown on Woodley, pinning his back flat onto the canvas with 26 seconds remaining in the opening period.
Check out video of the pin in the video below:
Chimaev improves to 2-0 under the RAF banner, following a pinfall victory over Dillon Danis at RAF 10 in June. Woodley won his RAF debut against Joaquin Buckley at RAF 12 on Aug. 22, and now falls to .500 in the wrestling promotion.
#chimaev #khamzat
1 day ago
Suki Waterhouse graced the red carpet alongside her fiancé, Robert Pattinson, for the screening of his new film "Primetime" during the 2026 Venice Film Festival on Sept. 5 in Venice. The duo was dressed formally for their red carpet moment.
The "Back in Love" singer's Lavalliere-Cuff mini dress hailed from Saint Laurent and was constructed out of a mossy green lace fabric. The delicate construction consisted of a high neck and long sleeves adorned with mauve silk bows at the wrists. Said bows were worn undone, tapping into Waterhouse's rock star aesthetic that is slightly disheveled but always flattering.
More from WWD
Amelia Dimoldenberg Goes Full 'Office Siren' in Miu Miu Spectacles at Miu Miu Event During Venice Film Festival 2026
Amanda Seyfried Dons Miu Miu from Head to Heel Attending Miu Miu Women's Tales at Venice Film Festival 2026
#venice #festival #primetime
The "Back in Love" singer's Lavalliere-Cuff mini dress hailed from Saint Laurent and was constructed out of a mossy green lace fabric. The delicate construction consisted of a high neck and long sleeves adorned with mauve silk bows at the wrists. Said bows were worn undone, tapping into Waterhouse's rock star aesthetic that is slightly disheveled but always flattering.
More from WWD
Amelia Dimoldenberg Goes Full 'Office Siren' in Miu Miu Spectacles at Miu Miu Event During Venice Film Festival 2026
Amanda Seyfried Dons Miu Miu from Head to Heel Attending Miu Miu Women's Tales at Venice Film Festival 2026
#venice #festival #primetime
1 day ago
This has been a history-packed year for Wall Street, with the Dow Jones Industrial Average (DJINDICES:^DJI), S&P 500 (SNPINDEX:^GSPC), and Nasdaq Composite (NASDAQINDEX:^IXIC) romping to new highs, and the largest-ever initial public offering taking shape. But the swearing in of Fed Chair Kevin Warsh on May 22 arguably takes the cake.
Jerome Powell's successor vowed to lead a reform-oriented central bank and hasn't veered from that promise over the last three months. Since taking the reins, Warsh has shelved forward-looking guidance from Federal Open Market Committee (FOMC) meeting statements and commissioned five task forces to aid the Fed in its conduct of monetary policy.
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 »
Fed Chair Warsh just served up an inflation ultimatum for Wall Street. Image source: Official Federal Reserve Photo.
But the biggest task at hand for Warsh and the FOMC is tackling persistently high inflation. While delivering his first annual speech at the Jackson Hole economic symposium on Aug. 28, the new Fed chair completely shifted the central bank's entire focus on inflation in one sentence.
#warsh
Jerome Powell's successor vowed to lead a reform-oriented central bank and hasn't veered from that promise over the last three months. Since taking the reins, Warsh has shelved forward-looking guidance from Federal Open Market Committee (FOMC) meeting statements and commissioned five task forces to aid the Fed in its conduct of monetary policy.
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 »
Fed Chair Warsh just served up an inflation ultimatum for Wall Street. Image source: Official Federal Reserve Photo.
But the biggest task at hand for Warsh and the FOMC is tackling persistently high inflation. While delivering his first annual speech at the Jackson Hole economic symposium on Aug. 28, the new Fed chair completely shifted the central bank's entire focus on inflation in one sentence.
#warsh
1 day ago
Key Takeaways
Bitcoin climbed back above $80,000 after Fed Governor Christopher Waller said cooling inflation could justify leaving interest rates unchanged in September.
Three-month core inflation has fallen from 4.76% in February to 3.05% through July, according to Waller, although annual PCE inflation remains well above the Fed's 2% target.
Markets are almost evenly divided over a Sept. 16 rate hike, making the upcoming August CPI report a major test for Bitcoin.
Bitcoin has returned above $80,000 as a sharp improvement in short-term US inflation data gives crypto traders a new reason to question whether the Federal Reserve will raise rates on Sept. 16.
#waller #sept #christopher #september
Bitcoin climbed back above $80,000 after Fed Governor Christopher Waller said cooling inflation could justify leaving interest rates unchanged in September.
Three-month core inflation has fallen from 4.76% in February to 3.05% through July, according to Waller, although annual PCE inflation remains well above the Fed's 2% target.
Markets are almost evenly divided over a Sept. 16 rate hike, making the upcoming August CPI report a major test for Bitcoin.
Bitcoin has returned above $80,000 as a sharp improvement in short-term US inflation data gives crypto traders a new reason to question whether the Federal Reserve will raise rates on Sept. 16.
#waller #sept #christopher #september
1 day ago
In just over a week, former staffers for John Fetterman, D-Pa., are planning to go public with inside details after expressing what they called disgust at his work as a legislator.
"We're a group of former campaign & Senate staffers for John Fetterman who are disgusted with what he's become. If you were troubled by yesterday's Wall Street Journal story... trust us, that's just the tip of the iceberg," the group wrote in a post to X.
"It's even worse than you thought."
The new social media account, which is calling itself "Former Fetterman Staffers" (FFS) alleges it will reveal additional unflattering details of the embattled senator's office as he also faces blowback over Wall Street Journal reporting chronicling his reluctance to engage in the basic duties of his office.
Fetterman Faces Dem Revolt As Bombshell Report Fuels Push To Oust Him: 'Disgrace'
#faces
"We're a group of former campaign & Senate staffers for John Fetterman who are disgusted with what he's become. If you were troubled by yesterday's Wall Street Journal story... trust us, that's just the tip of the iceberg," the group wrote in a post to X.
"It's even worse than you thought."
The new social media account, which is calling itself "Former Fetterman Staffers" (FFS) alleges it will reveal additional unflattering details of the embattled senator's office as he also faces blowback over Wall Street Journal reporting chronicling his reluctance to engage in the basic duties of his office.
Fetterman Faces Dem Revolt As Bombshell Report Fuels Push To Oust Him: 'Disgrace'
#faces
1 day ago
Of all the eye-popping artwork dotting Black Rock City — the ad hoc Nevada desert home of the legendary Burning Man festival — as well as this year's massive sandstorms, which caused a temporary gate closure, and the triumphant return of the festival's Orgy Dome, there's one story that has towered above all others coming out of the wild desert festival this year: reality TV star Bethenny Frankel's unexpected and very expensive foray into Burnerland.
The entrepreneur, philanthropist and former "golden era" castmember of The Real Housewives of New York — and since then, the deeply entertaining center of multiple reality shows from producers who recognize this woman is always the main character — has been posting her experience on the famed playa to her TikTok page. Possibly defying the festival's rules around posting to sponsored personal pages, Frankel is documenting her brave walk among tens of thousands of Burners — a subculture that has apparently declined in numbers, as inflation crept in and the scene morphed into a "sausage fest of aging Millennials" and solipsistic influencers.
More from The Hollywood Reporter
Kate and Rooney Mara Talk 'Bucking Fastard,' Synchronized Sisterhood and Werner Herzog Life Lessons: "He Doesn't Give a S***"
Telluride Awards ******* ysis: Andrew Scott Leaps Into Top Tier of Best Actor Oscar Race for 'Elsinore'
#black #nevada
The entrepreneur, philanthropist and former "golden era" castmember of The Real Housewives of New York — and since then, the deeply entertaining center of multiple reality shows from producers who recognize this woman is always the main character — has been posting her experience on the famed playa to her TikTok page. Possibly defying the festival's rules around posting to sponsored personal pages, Frankel is documenting her brave walk among tens of thousands of Burners — a subculture that has apparently declined in numbers, as inflation crept in and the scene morphed into a "sausage fest of aging Millennials" and solipsistic influencers.
More from The Hollywood Reporter
Kate and Rooney Mara Talk 'Bucking Fastard,' Synchronized Sisterhood and Werner Herzog Life Lessons: "He Doesn't Give a S***"
Telluride Awards ******* ysis: Andrew Scott Leaps Into Top Tier of Best Actor Oscar Race for 'Elsinore'
#black #nevada
2 days ago
Americans have become value-driven when it comes to what goes into their shopping carts at grocery chains.
"Consumers aren't necessarily buying less. They're becoming more strategic. With 75% indicating that they're stressed about grocery bills (up from 73% last year), it makes sense that shoppers are looking for ways to maximize value from every trip," according to Algolia's The state of grocery shopping: inflation.
The survey showed that many consumers, but not a majority, have been willing to trade down.
Forty-two percent (42%) have switched to private labels to save money (up from 40% last year).
Thirty-six percent (36%) have traded their favorite brands for cheaper alternatives.
#grocery #consumers #value #year
"Consumers aren't necessarily buying less. They're becoming more strategic. With 75% indicating that they're stressed about grocery bills (up from 73% last year), it makes sense that shoppers are looking for ways to maximize value from every trip," according to Algolia's The state of grocery shopping: inflation.
The survey showed that many consumers, but not a majority, have been willing to trade down.
Forty-two percent (42%) have switched to private labels to save money (up from 40% last year).
Thirty-six percent (36%) have traded their favorite brands for cheaper alternatives.
#grocery #consumers #value #year
2 days ago
From Travis Scott and David Harbour to Tory Burch, stars gathered at the 2026 US Open game dressed to their nines. Among them was New England Patriots quarterback Drake Maye's wife, whose outfit grabbed fans' attention and is receiving tons of praise.
"Okay, outfit of the day going to the U.S. Open," Patriots quarterback Drake Maye's wife, Ann Michael Maye, said on her TikTok account. "My dress is this little white mini dress from Abercrombie. The sweater is J Crew. These little cute flats are from Marshalls, and then my bag is Distry. So, yeah, let's go. Okay."
This isn't the first time Ann Michael Maye turned heads with her outfit. She came to Santa Clara in 2026 to cheer for her husband, New England Patriots quarterback Drake Maye, as he prepared to face the Seattle Seahawks at Levi's Stadium.
For the big day, Ann Michael stole the show in a custom cropped navy Patriots jacket made by Kristin Juszczyk, the wife of 49ers star Kyle Juszczyk. The jacket had the Patriots logo, and she matched it with studded white jeans, a slicked-back bun, gold earrings, and oversized sunglasses.
Drake Maye's Patriots are worth following, especially with all the storylines brewing in New England. Subscribe for more interesting stories.
#maye #quarterback
"Okay, outfit of the day going to the U.S. Open," Patriots quarterback Drake Maye's wife, Ann Michael Maye, said on her TikTok account. "My dress is this little white mini dress from Abercrombie. The sweater is J Crew. These little cute flats are from Marshalls, and then my bag is Distry. So, yeah, let's go. Okay."
This isn't the first time Ann Michael Maye turned heads with her outfit. She came to Santa Clara in 2026 to cheer for her husband, New England Patriots quarterback Drake Maye, as he prepared to face the Seattle Seahawks at Levi's Stadium.
For the big day, Ann Michael stole the show in a custom cropped navy Patriots jacket made by Kristin Juszczyk, the wife of 49ers star Kyle Juszczyk. The jacket had the Patriots logo, and she matched it with studded white jeans, a slicked-back bun, gold earrings, and oversized sunglasses.
Drake Maye's Patriots are worth following, especially with all the storylines brewing in New England. Subscribe for more interesting stories.
#maye #quarterback
2 days ago
WASHINGTON (AP) — President Donald Trump has spent 20 months promising that America was on the cusp of an economic boom. But Friday's surprisingly positive jobs report ultimately provoked frustration from Trump.
The August job numbers might have been a welcome break from after months of sluggish hiring and concerns about inflation that have been weighing on Trump and his party two months from Election Day. But speaking from the Oval Office, Trump instead launched into a grievance session about inflation and interest rates. His anger was aimed at the financial markets, the Federal Reserve and U.S. trade partners. He objected to the commonly accepted notion in economics that the surprise gain of 162,000 jobs in August could contribute to inflationary pressures.
"Success does not cause inflation. Stupidity causes inflation," Trump vented in the Oval Office, as he declared it "crazy" that the stock markets fell Friday on inflation concerns.
The combination over his second term of a drop-off in hiring and higher prices has dogged Trump and his pledge to instantly unleash historic levels of growth. "When I win the election, we will immediately begin a brand new Trump economic boom," Trump said at an August 2024 rally in North Carolina. But so far, the economy has grown at roughly 2% annually, slower than the gains during the Biden administration.
Trump blamed his inability to deliver stronger growth on higher interest rates for U.S. government debt, saying on social media that America could retaliate by stopping trade with foreign countries. Rates have been climbing in response to persistently high inflation fueled by Trump's tariffs and oil shortages from the Iran war. The national debt has now crossed the daunting threshold of $40 trillion and rates on the 10-year U.S. Treasury note on Friday rose to 4.79%.
#august
The August job numbers might have been a welcome break from after months of sluggish hiring and concerns about inflation that have been weighing on Trump and his party two months from Election Day. But speaking from the Oval Office, Trump instead launched into a grievance session about inflation and interest rates. His anger was aimed at the financial markets, the Federal Reserve and U.S. trade partners. He objected to the commonly accepted notion in economics that the surprise gain of 162,000 jobs in August could contribute to inflationary pressures.
"Success does not cause inflation. Stupidity causes inflation," Trump vented in the Oval Office, as he declared it "crazy" that the stock markets fell Friday on inflation concerns.
The combination over his second term of a drop-off in hiring and higher prices has dogged Trump and his pledge to instantly unleash historic levels of growth. "When I win the election, we will immediately begin a brand new Trump economic boom," Trump said at an August 2024 rally in North Carolina. But so far, the economy has grown at roughly 2% annually, slower than the gains during the Biden administration.
Trump blamed his inability to deliver stronger growth on higher interest rates for U.S. government debt, saying on social media that America could retaliate by stopping trade with foreign countries. Rates have been climbing in response to persistently high inflation fueled by Trump's tariffs and oil shortages from the Iran war. The national debt has now crossed the daunting threshold of $40 trillion and rates on the 10-year U.S. Treasury note on Friday rose to 4.79%.
#august
2 days ago
Wall Street sees a blowout jobs report and spiking Treasury yields as another sign that the Fed is going to have to hike rates to clamp down on inflation.
The US economy added 162,000 jobs last month, blowing past economists' expectations. If the Fed was looking for clues of a slowing economy, this report wasn't it.
"They're a little bit behind the curve," Joe Brusuelas, RSM chief economist, told Yahoo Finance, in reference to the central bank. "They're going to need to hike rates if they want to reinforce their credibility, and that's going to cause a lot of problems at 1600 Pennsylvania Avenue."
The Trump administration has been pushing hard for lower rates to bring borrowing costs down and flatten the yield curve, with the president threatening a trade embargo if they don't.
Read more: How jobs, inflation, and the Fed are all related
#hike
The US economy added 162,000 jobs last month, blowing past economists' expectations. If the Fed was looking for clues of a slowing economy, this report wasn't it.
"They're a little bit behind the curve," Joe Brusuelas, RSM chief economist, told Yahoo Finance, in reference to the central bank. "They're going to need to hike rates if they want to reinforce their credibility, and that's going to cause a lot of problems at 1600 Pennsylvania Avenue."
The Trump administration has been pushing hard for lower rates to bring borrowing costs down and flatten the yield curve, with the president threatening a trade embargo if they don't.
Read more: How jobs, inflation, and the Fed are all related
#hike
2 days ago
Bitcoin surged 38% from its $57,748 July low to above $80,000, but rate-hike fears from a strong August jobs report quickly pulled it back.
BlackRock's IBIT ETF grew from $47.7 billion to $60.2 billion in net ****** ets since late July, reflecting strong institutional demand for regulated Bitcoin exposure.
Bond yields near 5%, oil above $96 from the U.S.-Iran war, and an expected September rate hike create steep macro headwinds for Bitcoin hitting $100,000.
Just released. Our ****** ysts combed the entire stock market and named the ten best stocks to buy right now. The report is free. Enter your email and see if any of your stocks made the cut.
Markets have spent much of 2026 wrestling with inflation, higher-for-longer interest rates, trade uncertainty, and a bond market that refuses to behave like the safe harbor investors once took for granted. Against that backdrop, Bitcoin (CRYPTO:BTC) has quietly staged one of the year's sharper recoveries.
#july #bond #report
BlackRock's IBIT ETF grew from $47.7 billion to $60.2 billion in net ****** ets since late July, reflecting strong institutional demand for regulated Bitcoin exposure.
Bond yields near 5%, oil above $96 from the U.S.-Iran war, and an expected September rate hike create steep macro headwinds for Bitcoin hitting $100,000.
Just released. Our ****** ysts combed the entire stock market and named the ten best stocks to buy right now. The report is free. Enter your email and see if any of your stocks made the cut.
Markets have spent much of 2026 wrestling with inflation, higher-for-longer interest rates, trade uncertainty, and a bond market that refuses to behave like the safe harbor investors once took for granted. Against that backdrop, Bitcoin (CRYPTO:BTC) has quietly staged one of the year's sharper recoveries.
#july #bond #report
2 days ago
Geena Davis brought classic Hollywood glamour to the Venice Film Festival as she made a dazzling red carpet appearance on Friday.
The 70-year-old actress looked incredible as she attended the screening of The Basics of Philosophy at the 83rd Venice International Film Festival on Friday, September 4, 2026.
Geena commanded attention in a floor-length black gown covered in shimmering sequins, which featured a flattering square neckline and thigh-high split.
Geena attends the "The Basics of Philosophy" Screening during the 83rd Venice International Film Festival (@ Max Cisotti/Dave Benett/WireImag)
She added even more sparkle with an elegant diamond necklace and statement bracelet, while wearing her long brunette locks swept to one side in soft waves.
#venice #international #screening
The 70-year-old actress looked incredible as she attended the screening of The Basics of Philosophy at the 83rd Venice International Film Festival on Friday, September 4, 2026.
Geena commanded attention in a floor-length black gown covered in shimmering sequins, which featured a flattering square neckline and thigh-high split.
Geena attends the "The Basics of Philosophy" Screening during the 83rd Venice International Film Festival (@ Max Cisotti/Dave Benett/WireImag)
She added even more sparkle with an elegant diamond necklace and statement bracelet, while wearing her long brunette locks swept to one side in soft waves.
#venice #international #screening
2 days ago
Conagra and Campbell's already cut dividends, and Kraft Heinz, General Mills, and Hormel now show frozen or token raises. These are the same warning signs.
General Mills touts 127 uninterrupted dividend years, but its $0.61 quarterly rate has flatlined for four straight declarations while free cash flow dropped 29%.
McCormick raised its quarterly dividend to $0.48 and covers its $483 million payout with nearly $1 billion in operating cash flow, despite a 25% stock decline.
Just released. Our ******* ysts combed the entire stock market and named the ten best stocks to buy right now, and Kraft Heinz didn't make the cut. Enter your email to see the names that beat KHC. The report is free. Enter your email and see if any of your stocks made the cut.
Two big packaged-food dividends have already been cut this cycle. Conagra Brands (NYSE:CAG) reduced its payout, and Campbell's (NYSE:CPB) followed with its own reduction shortly after. Those completed actions frame what income holders should look for in the aisle next. Below are four legacy food names where dividend behavior deserves a closer look.
#kraft
General Mills touts 127 uninterrupted dividend years, but its $0.61 quarterly rate has flatlined for four straight declarations while free cash flow dropped 29%.
McCormick raised its quarterly dividend to $0.48 and covers its $483 million payout with nearly $1 billion in operating cash flow, despite a 25% stock decline.
Just released. Our ******* ysts combed the entire stock market and named the ten best stocks to buy right now, and Kraft Heinz didn't make the cut. Enter your email to see the names that beat KHC. The report is free. Enter your email and see if any of your stocks made the cut.
Two big packaged-food dividends have already been cut this cycle. Conagra Brands (NYSE:CAG) reduced its payout, and Campbell's (NYSE:CPB) followed with its own reduction shortly after. Those completed actions frame what income holders should look for in the aisle next. Below are four legacy food names where dividend behavior deserves a closer look.
#kraft
2 days ago
On August 6, Frontdoor (NASDAQ:FTDR) reported second-quarter results that outpaced its own recent history. Revenue rose 5% to $645 million, but profit grew faster: net income jumped 13% to $125 million, and earnings per share climbed 19% to $1.76. Adjusted EBITDA rose 10% to $220 million. Management liked what it saw enough to raise full-year revenue and Adjusted EBITDA guidance, a signal it expects the momentum to carry through the rest of 2026 rather than fade as a one-quarter ******* p.
Frontdoor's growth mix should please shareholders. About three percentage points of the 5% revenue increase came from higher realized price through its dynamic pricing model, with roughly one point from volume. That pricing lever flowed straight through to margins, as gross profit margin rose to 59% for the quarter. The renewal channel, the largest and stickiest part of the business, grew revenue 4% to $479 million, while total home warranty membership climbed 1% to 2.11 million.
The company's own earnings bridge shows why profit outran revenue: contract claims costs fell $7 million year over year, helped by $5 million in favorable weather, even after absorbing low-single-digit cost inflation across its contractor network and replacement parts. Frontdoor also leaned harder into buybacks, repurchasing $181 million of stock through July, up more than 21% from the same stretch a year earlier. For 2026, management now guides to revenue of $2.19 billion to $2.21 billion and Adjusted EBITDA of $585 million to $600 million, both raised, with first-year home warranty membership expected to grow roughly 5% for the full year.
The same release shows cracks alongside the strength. Direct-to-consumer revenue fell 2% to $55 million, as Frontdoor leaned on promotional pricing to win new members, a trade-off between growth and realized price that shows up directly in that line. Cash generation cooled too: operating cash flow for the first six months of 2026 came in at $245 million, down from $251 million a year earlier, and the period's total cash increase slowed to $62 million from $141 million, partly because investing activities swung to a $14 million outflow from a $42 million inflow the year before.
Financing activities used $169 million, more than the $153 million spent in the same period last year, largely reflecting the faster buyback pace plus $14 million in scheduled debt payments. For the full year, Frontdoor is guiding gross profit margin down to roughly 55%, well below the 59% posted this quarter, and it still expects direct-to-consumer revenue to decline at a low-single-digit rate. SG&A is projected at $685 million to $695 million, with low-single-digit cost inflation across contractors, parts, and equipment that could bite harder if weather turns less favorable than it was this quarter.
#revenue #adjusted #cash
Frontdoor's growth mix should please shareholders. About three percentage points of the 5% revenue increase came from higher realized price through its dynamic pricing model, with roughly one point from volume. That pricing lever flowed straight through to margins, as gross profit margin rose to 59% for the quarter. The renewal channel, the largest and stickiest part of the business, grew revenue 4% to $479 million, while total home warranty membership climbed 1% to 2.11 million.
The company's own earnings bridge shows why profit outran revenue: contract claims costs fell $7 million year over year, helped by $5 million in favorable weather, even after absorbing low-single-digit cost inflation across its contractor network and replacement parts. Frontdoor also leaned harder into buybacks, repurchasing $181 million of stock through July, up more than 21% from the same stretch a year earlier. For 2026, management now guides to revenue of $2.19 billion to $2.21 billion and Adjusted EBITDA of $585 million to $600 million, both raised, with first-year home warranty membership expected to grow roughly 5% for the full year.
The same release shows cracks alongside the strength. Direct-to-consumer revenue fell 2% to $55 million, as Frontdoor leaned on promotional pricing to win new members, a trade-off between growth and realized price that shows up directly in that line. Cash generation cooled too: operating cash flow for the first six months of 2026 came in at $245 million, down from $251 million a year earlier, and the period's total cash increase slowed to $62 million from $141 million, partly because investing activities swung to a $14 million outflow from a $42 million inflow the year before.
Financing activities used $169 million, more than the $153 million spent in the same period last year, largely reflecting the faster buyback pace plus $14 million in scheduled debt payments. For the full year, Frontdoor is guiding gross profit margin down to roughly 55%, well below the 59% posted this quarter, and it still expects direct-to-consumer revenue to decline at a low-single-digit rate. SG&A is projected at $685 million to $695 million, with low-single-digit cost inflation across contractors, parts, and equipment that could bite harder if weather turns less favorable than it was this quarter.
#revenue #adjusted #cash
2 days ago
Bitcoin news today shows the price rose more than 5% on September 3 to trade briefly above $82,000, as concerns about a Federal Reserve rate hike eased and Treasury yields fell. Fundstrat head of digital ******* ets Sean Farrell called the move important data worth respecting, while noting Bitcoin has bucked its historically weak September pattern over the past three years.
This is not simply a one-day rebound. It is the latest data point in a debate among strategists over whether the crypto bear market has already bottomed, a thesis complicated by volatile spot Bitcoin ETF flows and a seasonal track record that still favors caution.
DISCOVER: Upcoming Binance Listings
The token's move above $82,000 follows a 25% rally in August, a month strategists have flagged as a turning point after the Treasury Department's intervention in the bond market and ******* istance to ******* an helped lift both gold and crypto prices. Some of those August gains were erased when oil prices surged and hawkish remarks from Fed Chairman Kevin Warsh raised concerns about the central bank's September rate decision, before Fed governor Christopher Waller signaled openness to holding rates steady if inflation continues to ease.
Despite the rebound, Bitcoin remains roughly 7% lower year to date and about 35% below the all-time high of more than $126,000 it reached in early October 2025. September itself carries an unfavorable base rate: Farrell noted Bitcoin has posted negative returns in nine of the past 15 years during the month, though he cautioned that seasonality is a helpful data point rather than a foolproof trading system. For more on how Treasury-yield dynamics have shaped this resilience, see Bitcoin's macro pressure and resilience, and on the ETF side, BlackRock's IBIT and the current price setup.
#september #treasury #point #farrell
This is not simply a one-day rebound. It is the latest data point in a debate among strategists over whether the crypto bear market has already bottomed, a thesis complicated by volatile spot Bitcoin ETF flows and a seasonal track record that still favors caution.
DISCOVER: Upcoming Binance Listings
The token's move above $82,000 follows a 25% rally in August, a month strategists have flagged as a turning point after the Treasury Department's intervention in the bond market and ******* istance to ******* an helped lift both gold and crypto prices. Some of those August gains were erased when oil prices surged and hawkish remarks from Fed Chairman Kevin Warsh raised concerns about the central bank's September rate decision, before Fed governor Christopher Waller signaled openness to holding rates steady if inflation continues to ease.
Despite the rebound, Bitcoin remains roughly 7% lower year to date and about 35% below the all-time high of more than $126,000 it reached in early October 2025. September itself carries an unfavorable base rate: Farrell noted Bitcoin has posted negative returns in nine of the past 15 years during the month, though he cautioned that seasonality is a helpful data point rather than a foolproof trading system. For more on how Treasury-yield dynamics have shaped this resilience, see Bitcoin's macro pressure and resilience, and on the ETF side, BlackRock's IBIT and the current price setup.
#september #treasury #point #farrell
2 days ago
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Silver (SI=F) December futures opened at $67.63 per ounce on Friday, September 4, 2026, down 0.1% from Thursday's closing price. Silver prices were steady this morning, reaching $67.45 as of 6:59 a.m. ET.
Silver prices opened at their highest level this week ahead of the August jobs report, and following comments from a Fed governor who said he's willing to hold rates steady later this month.
Economists expect the U.S. added 55,000 jobs last month, a rebound from a decline in job growth in July. Data released earlier this week suggests the labor market remains in a holding pattern of minimal yet stable job growth.
Earlier this week, Fed Governor Chris Waller said he's open to holding rates steady if next week's inflation report shows price gains are easing. This certainly puts the spotlight squarely on today's jobs numbers and next week's inflation report.
#silver #steady #Jobs #report
Silver (SI=F) December futures opened at $67.63 per ounce on Friday, September 4, 2026, down 0.1% from Thursday's closing price. Silver prices were steady this morning, reaching $67.45 as of 6:59 a.m. ET.
Silver prices opened at their highest level this week ahead of the August jobs report, and following comments from a Fed governor who said he's willing to hold rates steady later this month.
Economists expect the U.S. added 55,000 jobs last month, a rebound from a decline in job growth in July. Data released earlier this week suggests the labor market remains in a holding pattern of minimal yet stable job growth.
Earlier this week, Fed Governor Chris Waller said he's open to holding rates steady if next week's inflation report shows price gains are easing. This certainly puts the spotlight squarely on today's jobs numbers and next week's inflation report.
#silver #steady #Jobs #report
2 days ago
On August 13, Legence Corp. (NASDAQ:LGN) reported second-quarter results that more than doubled the company's revenue from a year earlier, a jump big enough to make even seasoned investors do a double take. Strip out the contribution from the company's Bowers acquisition and the underlying business still grew 60%. But dig one line deeper into the same report and a less flattering picture shows up: profitability per dollar of revenue actually shrank, and the bottom line posted a wider loss than it did last year. That contrast, blistering growth paired with thinning margins, is the story investors now have to sort out.
The headline number was revenue of $1.26 billion for the quarter, up 110.7% from $598.9 million a year ago. Adjusted EBITDA climbed even faster in percentage terms, rising 114.1% to $154.6 million, which tells you the company managed to grow its cash-generating profit measure roughly in step with the top line even during a period of heavy acquisition-driven expansion. Backlog and awarded contracts, effectively the pipeline of future work already on the books, reached $5.67 billion, more than double the $2.77 billion Legence held a year earlier.
That backlog is not concentrated in one place either. While data centers and technology remained the biggest driver, management pointed to healthy activity across life sciences and healthcare, state and local government, and education as well, spreading the growth across several end markets rather than resting it on a single customer type. The Installation & Maintenance segment did the heavy lifting, with revenue up 162% to $1.06 billion, and even after removing the Bowers acquisition's impact, that segment still grew 86.6% on its own.
Management also used the quarter to raise its full-year guidance, now targeting $4.7 billion to $4.8 billion in revenue, up from a prior range of $4.1 billion to $4.3 billion, alongside adjusted EBITDA guidance lifted to $565 million to $585 million from $470 million to $490 million.
The same report shows profitability moving in the opposite direction of revenue. Gross margin fell to 17.4% from 21.5% a year ago, and the non-GAAP adjusted version slipped to 18.5% from 21.8%, a shift the company attributed to a revenue mix leaning more heavily toward lower-margin installation and maintenance work. The Engineering & Consulting segment felt this directly, with gross profit down 12.4% to $56.1 million even as its revenue grew, a sign that pricing and cost pressure in that business outpaced its sales growth. Net loss attributable to Legence widened to $27.8 million from $5.3 million a year earlier, and the company's total net loss grew to $34.6 million from $3.9 million.
#year #grew #adjusted
The headline number was revenue of $1.26 billion for the quarter, up 110.7% from $598.9 million a year ago. Adjusted EBITDA climbed even faster in percentage terms, rising 114.1% to $154.6 million, which tells you the company managed to grow its cash-generating profit measure roughly in step with the top line even during a period of heavy acquisition-driven expansion. Backlog and awarded contracts, effectively the pipeline of future work already on the books, reached $5.67 billion, more than double the $2.77 billion Legence held a year earlier.
That backlog is not concentrated in one place either. While data centers and technology remained the biggest driver, management pointed to healthy activity across life sciences and healthcare, state and local government, and education as well, spreading the growth across several end markets rather than resting it on a single customer type. The Installation & Maintenance segment did the heavy lifting, with revenue up 162% to $1.06 billion, and even after removing the Bowers acquisition's impact, that segment still grew 86.6% on its own.
Management also used the quarter to raise its full-year guidance, now targeting $4.7 billion to $4.8 billion in revenue, up from a prior range of $4.1 billion to $4.3 billion, alongside adjusted EBITDA guidance lifted to $565 million to $585 million from $470 million to $490 million.
The same report shows profitability moving in the opposite direction of revenue. Gross margin fell to 17.4% from 21.5% a year ago, and the non-GAAP adjusted version slipped to 18.5% from 21.8%, a shift the company attributed to a revenue mix leaning more heavily toward lower-margin installation and maintenance work. The Engineering & Consulting segment felt this directly, with gross profit down 12.4% to $56.1 million even as its revenue grew, a sign that pricing and cost pressure in that business outpaced its sales growth. Net loss attributable to Legence widened to $27.8 million from $5.3 million a year earlier, and the company's total net loss grew to $34.6 million from $3.9 million.
#year #grew #adjusted
