10 mins. ago
By Kristina Cooke and Ben Kellerman
Sept 14 (Reuters) - Immigration arrests in the U.S. have soared in recent months, aided by more local law enforcement cooperation with ICE, increased use of technology to track and process people, as well as enhanced data sharing between federal agencies.
But the mass arrest campaign this summer did not lead to a commensurate increase in deportations -- according to preliminary U.S. government data reviewed by Reuters -- a reflection of the legal and logistical limits faced by President Donald Trump as he attempts to hit his mass deportation goals.
Even as arrests jumped to nearly 51,000 in August, setting a record for a third straight month, deportation numbers held mostly steady, averaging around 1,200 per day, the preliminary government data showed.
About the same number of people were deported per day in May, for example, when there were around 19,000 fewer arrests, according to arrests data obtained by the Deportation Data Project through a public records request and ****** yzed by Reuters.
#arrests #government
Sept 14 (Reuters) - Immigration arrests in the U.S. have soared in recent months, aided by more local law enforcement cooperation with ICE, increased use of technology to track and process people, as well as enhanced data sharing between federal agencies.
But the mass arrest campaign this summer did not lead to a commensurate increase in deportations -- according to preliminary U.S. government data reviewed by Reuters -- a reflection of the legal and logistical limits faced by President Donald Trump as he attempts to hit his mass deportation goals.
Even as arrests jumped to nearly 51,000 in August, setting a record for a third straight month, deportation numbers held mostly steady, averaging around 1,200 per day, the preliminary government data showed.
About the same number of people were deported per day in May, for example, when there were around 19,000 fewer arrests, according to arrests data obtained by the Deportation Data Project through a public records request and ****** yzed by Reuters.
#arrests #government
2 hours ago
SPY surged 11% year-to-date while home prices hit all-time highs, powering a record $12.5 trillion single-quarter wealth gain to $185.7 trillion total.
The personal saving rate collapsed to 2.8% from 5.8% a year ago as Americans spend paper gains concentrated among the wealthiest households.
Household net worth hit 571% of GDP, just shy of the 574% record that previously preceded the Fed's most aggressive rate-hiking cycle in four decades.
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American households just booked the largest quarterly wealth gain in history, and most Americans do not feel any richer. Federal Reserve data released this month shows U.S. household net worth jumped $12.5 trillion in the second quarter of 2026, reaching a record $185.7 trillion. That single-quarter increase exceeds the annual gross domestic product of every country on earth except the United States and China. It is the eleventh straight quarter of gains, a streak that has added $43.4 trillion to household balance sheets and pushed ***** ulative wealth creation since the 2020 pandemic to $83.9 trillion. Yet the University of Michigan's consumer sentiment index came in at 55.2 in July, a level the survey's own interpretation guide classifies as recessionary.
#trillion #quarter #record #year
The personal saving rate collapsed to 2.8% from 5.8% a year ago as Americans spend paper gains concentrated among the wealthiest households.
Household net worth hit 571% of GDP, just shy of the 574% record that previously preceded the Fed's most aggressive rate-hiking cycle in four decades.
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.
American households just booked the largest quarterly wealth gain in history, and most Americans do not feel any richer. Federal Reserve data released this month shows U.S. household net worth jumped $12.5 trillion in the second quarter of 2026, reaching a record $185.7 trillion. That single-quarter increase exceeds the annual gross domestic product of every country on earth except the United States and China. It is the eleventh straight quarter of gains, a streak that has added $43.4 trillion to household balance sheets and pushed ***** ulative wealth creation since the 2020 pandemic to $83.9 trillion. Yet the University of Michigan's consumer sentiment index came in at 55.2 in July, a level the survey's own interpretation guide classifies as recessionary.
#trillion #quarter #record #year
2 hours ago
Coinbase jumped 6% on a Compass Point upgrade to Neutral, while MARA slid 2% after JPMorgan cut it to Underweight with an $11 target.
IBIT rose 1% as Bitcoin lifted crypto stocks, while SPY fell 0.8%, splitting crypto-linked equities from the broader AI-led tech selloff.
The Senate's CLARITY Act vote this week is the binary catalyst for Coinbase, though ****** yst Ed Engel expects the bill to fail.
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Coinbase Global (NASDAQ:COIN) shares are up 6% to $185.34 Monday morning after Compass Point ****** yst Ed Engel upgraded the exchange operator to Neutral from Sell ahead of a scheduled Senate floor vote on crypto market-structure legislation. The bounce for Coinbase stock trims an 18% year-to-date decline that had made the exchange one of the sector's most bruised names heading into this week.
#Coinbase #engel #vote
IBIT rose 1% as Bitcoin lifted crypto stocks, while SPY fell 0.8%, splitting crypto-linked equities from the broader AI-led tech selloff.
The Senate's CLARITY Act vote this week is the binary catalyst for Coinbase, though ****** yst Ed Engel expects the bill to fail.
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Coinbase Global (NASDAQ:COIN) shares are up 6% to $185.34 Monday morning after Compass Point ****** yst Ed Engel upgraded the exchange operator to Neutral from Sell ahead of a scheduled Senate floor vote on crypto market-structure legislation. The bounce for Coinbase stock trims an 18% year-to-date decline that had made the exchange one of the sector's most bruised names heading into this week.
#Coinbase #engel #vote
3 hours ago
The Cooper Companies, Inc. (NASDAQ:COO) cut its fiscal 2026 profit and revenue forecasts after weaker-than-expected demand for contact lenses weighed on its CooperVision business. The company now expects adjusted earnings of $4.51–$4.55 per share, down from its previous forecast of $4.58–$4.66, while revenue guidance was reduced to $4.23–$4.25 billion from $4.29–$4.32 billion. Third-quarter revenue came in at $1.07 billion, below Wall Street's $1.10 billion estimate, although adjusted EPS of $1.15 beat expectations.
The weakness was concentrated in CooperVision, where revenue fell to $717 million. Cooper said a reduction in U.S. channel inventory hurt results and is expected to continue affecting the fourth quarter. At the same time, the company completed its strategic review and decided to retain CooperSurgical rather than sell the business.
The biggest bullish argument is that some of the current weakness may be temporary rather than a fundamental deterioration in the contact lens market. The Cooper Companies, Inc. (NASDAQ:COO) specifically pointed to U.S. channel inventory reductions, meaning part of the sales pressure reflects distributors and customers working through existing stock rather than consumers permanently abandoning contact lenses. If inventories normalize, CooperVision could see a recovery in sales growth.
Cooper also continues to have a strong position in the global contact lens market. The company is investing in new products, expanding CooperVision's sales and marketing organization and improving inventory and logistics operations. Its strategic review also identified opportunities to reduce costs and improve operational efficiency.
There are encouraging signs beneath the weak headline numbers. Adjusted third-quarter EPS still increased 4% year over year to $1.15, while free cash flow jumped 66% to $273 million. The Cooper Companies, Inc. (NASDAQ:COO) also increased its share-repurchase authorization from $2 billion to $3 billion, giving the company another way to support per-share earnings if the stock remains depressed.
#Companies #revenue #contact #coopervision
The weakness was concentrated in CooperVision, where revenue fell to $717 million. Cooper said a reduction in U.S. channel inventory hurt results and is expected to continue affecting the fourth quarter. At the same time, the company completed its strategic review and decided to retain CooperSurgical rather than sell the business.
The biggest bullish argument is that some of the current weakness may be temporary rather than a fundamental deterioration in the contact lens market. The Cooper Companies, Inc. (NASDAQ:COO) specifically pointed to U.S. channel inventory reductions, meaning part of the sales pressure reflects distributors and customers working through existing stock rather than consumers permanently abandoning contact lenses. If inventories normalize, CooperVision could see a recovery in sales growth.
Cooper also continues to have a strong position in the global contact lens market. The company is investing in new products, expanding CooperVision's sales and marketing organization and improving inventory and logistics operations. Its strategic review also identified opportunities to reduce costs and improve operational efficiency.
There are encouraging signs beneath the weak headline numbers. Adjusted third-quarter EPS still increased 4% year over year to $1.15, while free cash flow jumped 66% to $273 million. The Cooper Companies, Inc. (NASDAQ:COO) also increased its share-repurchase authorization from $2 billion to $3 billion, giving the company another way to support per-share earnings if the stock remains depressed.
#Companies #revenue #contact #coopervision
3 hours ago
Meta jumped 7% and Nvidia dropped 8% after Amodei, Altman, and Musk publicly called for slowing frontier AI model development.
Microsoft held flat while ASML fell 10% and SoftBank dropped 11%, as markets rotated from AI hardware suppliers into enterprise software names.
With Fed rate hike odds at 85% and the 10-year yield near 5%, the rotation holds only if hyperscalers revise their massive capex plans.
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Shares of Meta Platforms (NASDAQ:META) climbed 7.12% over the past week to $660.71, while Alphabet (NASDAQ:GOOGL) added 2.09% and Microsoft (NASDAQ:MSFT) held roughly flat at $499.83. NVIDIA (NASDAQ:NVDA) fell 8.38% over the same stretch to $210.82, and Amazon (NASDAQ:AMZN) slipped 1.74%. Prices are delayed intraday as of the morning of September 14, 2026, according to NBC News.
#NASDAQ #flat #fell
Microsoft held flat while ASML fell 10% and SoftBank dropped 11%, as markets rotated from AI hardware suppliers into enterprise software names.
With Fed rate hike odds at 85% and the 10-year yield near 5%, the rotation holds only if hyperscalers revise their massive capex plans.
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.
Shares of Meta Platforms (NASDAQ:META) climbed 7.12% over the past week to $660.71, while Alphabet (NASDAQ:GOOGL) added 2.09% and Microsoft (NASDAQ:MSFT) held roughly flat at $499.83. NVIDIA (NASDAQ:NVDA) fell 8.38% over the same stretch to $210.82, and Amazon (NASDAQ:AMZN) slipped 1.74%. Prices are delayed intraday as of the morning of September 14, 2026, according to NBC News.
#NASDAQ #flat #fell
4 hours ago
Good morning. Stocks fell on Monday as oil prices jumped ahead of a key Fed meeting this week.
(BZ=F) crude rose to $109 per barrel, stoking worries of persistent inflation as diesel prices remain above an all-time high of $6 per gallon.
Bond yields remained elevated, with the 10-year Treasury (^TNX) just a few basis points away from the 5% threshold.
The 2-year yield to 4.64%, signaling that markets expect Fed policymakers to raise rates. Investor bets that the Federal Reserve will hike rates on Wednesday stood at 80% on Polymarket.
Here's a check of the markets in the first few minutes of trading, based on a heat map powered by Yahoo Finance AlphaSpace data.
#year #good
(BZ=F) crude rose to $109 per barrel, stoking worries of persistent inflation as diesel prices remain above an all-time high of $6 per gallon.
Bond yields remained elevated, with the 10-year Treasury (^TNX) just a few basis points away from the 5% threshold.
The 2-year yield to 4.64%, signaling that markets expect Fed policymakers to raise rates. Investor bets that the Federal Reserve will hike rates on Wednesday stood at 80% on Polymarket.
Here's a check of the markets in the first few minutes of trading, based on a heat map powered by Yahoo Finance AlphaSpace data.
#year #good
4 hours ago
Costco has raised the price of its Kirkland Signature full-synthetic motor oil and begun limiting how much any one member can purchase, as a global lubricant shortage tied to the ongoing Middle East conflict pushes crude oil toward $100 a barrel.
That 10-quart case — two 5-quart bottles, enough for a typical V6 or V8 oil change — has jumped to $57.99, compared with the roughly $30 price members had grown accustomed to paying, according to The Drive. Stores are capping purchases at two units per customer per week. The retailer has also imposed a five-per-member limit on Mobil 1, with six quarts of that brand running $44.
The rationing reflects pressure from multiple directions. The connection to fuel prices runs through the refinery: base oil shares its crude-oil origins with gasoline and diesel, so when margins on finished fuel are strong, refiners have a financial reason to favor fuel production over lubricant stock, according to The Auto Wire. EIA data showed the gasoline crack spread sitting roughly a dollar per gallon higher than where it stood at the same point in 2025, a gap that has squeezed base oil availability and pushed its price upward.
Regulatory and licensing costs add a separate layer of expense. The Kirkland 5W-30 displays the dexos1 Gen 3 certification, GM's proprietary specification, and earning that mark is not free — manufacturers must put their formulation through GM's independent testing protocol and obtain a license from the automaker, paying separately for each product and each unit sold, according to The Auto Wire. Layered on top of that is an industry-wide burden: when the API SP category took effect around 2020, it introduced seven additional laboratory tests with no equivalent in the previous standard, among them a procedure targeting low-speed pre-ignition, the knock-like detonation problem **** ociated with modern turbocharged, direct-injection engines.
The supply squeeze is unfolding against a backdrop of a worsening global oil deficit. The International Energy Agency cut its 2026 global oil supply forecast to 102 million barrels per day in August, projecting a deficit of 1.8 million barrels per day in the third quarter — more than double its prior estimate. **** ulative global inventory draws since the start of the U.S.-Iran conflict have reached more than 500 million barrels, and Chevron CEO Mike Wirth said last week that the cushions that had softened earlier price increases have been exhausted. U.S. diesel prices crossed $6 per gallon for the first time, sitting at $6.06 as of Monday, an 8-cent increase from Sunday and 21 cents above week-earlier levels, according to AAA.
#barrels #wire
That 10-quart case — two 5-quart bottles, enough for a typical V6 or V8 oil change — has jumped to $57.99, compared with the roughly $30 price members had grown accustomed to paying, according to The Drive. Stores are capping purchases at two units per customer per week. The retailer has also imposed a five-per-member limit on Mobil 1, with six quarts of that brand running $44.
The rationing reflects pressure from multiple directions. The connection to fuel prices runs through the refinery: base oil shares its crude-oil origins with gasoline and diesel, so when margins on finished fuel are strong, refiners have a financial reason to favor fuel production over lubricant stock, according to The Auto Wire. EIA data showed the gasoline crack spread sitting roughly a dollar per gallon higher than where it stood at the same point in 2025, a gap that has squeezed base oil availability and pushed its price upward.
Regulatory and licensing costs add a separate layer of expense. The Kirkland 5W-30 displays the dexos1 Gen 3 certification, GM's proprietary specification, and earning that mark is not free — manufacturers must put their formulation through GM's independent testing protocol and obtain a license from the automaker, paying separately for each product and each unit sold, according to The Auto Wire. Layered on top of that is an industry-wide burden: when the API SP category took effect around 2020, it introduced seven additional laboratory tests with no equivalent in the previous standard, among them a procedure targeting low-speed pre-ignition, the knock-like detonation problem **** ociated with modern turbocharged, direct-injection engines.
The supply squeeze is unfolding against a backdrop of a worsening global oil deficit. The International Energy Agency cut its 2026 global oil supply forecast to 102 million barrels per day in August, projecting a deficit of 1.8 million barrels per day in the third quarter — more than double its prior estimate. **** ulative global inventory draws since the start of the U.S.-Iran conflict have reached more than 500 million barrels, and Chevron CEO Mike Wirth said last week that the cushions that had softened earlier price increases have been exhausted. U.S. diesel prices crossed $6 per gallon for the first time, sitting at $6.06 as of Monday, an 8-cent increase from Sunday and 21 cents above week-earlier levels, according to AAA.
#barrels #wire
5 hours ago
Dow Jones futures fell early Monday, along with S&P 500 futures and especially Nasdaq futures. Crude oil prices jumped while AI stocks are under pressure after artificial intelligence leaders called for slowing AI model development. Treasury yields and the upcoming Federal Reserve meeting also are key this week.
The stock market fell last week, but rebounded Friday, with Apple (AAPL), Moderna (MRNA) and NetApp (NTAP) flashing buy signals. The S&P 500 index declined 0.8% and the Nasdaq fell 0.7%, both above their 50-day moving averages. The Dow Jones Industrial Average lost 1.6% in last week's stock market trading. The small-cap Russell 2000 shed 2.4%. Both are below their 50-day lines.
A number of stocks flashed buy signals or are setting up, but the choppy index action and rapid sector rotation has been a difficult environment.
U.S. crude oil futures spiked 9.4% to $100.05 a barrel last week, even with Friday's 2.4% decline. Oil prices shot up 20% in the last two weeks amid the widening U.S.-Iran conflict, threatening further oil supply routes.
The 10-year Treasury yield surged 19 basis points to 4.97%, the highest since nearly hitting 5% in October 2023. Markets are betting on a Fed rate hike, even as President Donald Trump reiterated his call for rate cuts.
#last #NASDAQ
The stock market fell last week, but rebounded Friday, with Apple (AAPL), Moderna (MRNA) and NetApp (NTAP) flashing buy signals. The S&P 500 index declined 0.8% and the Nasdaq fell 0.7%, both above their 50-day moving averages. The Dow Jones Industrial Average lost 1.6% in last week's stock market trading. The small-cap Russell 2000 shed 2.4%. Both are below their 50-day lines.
A number of stocks flashed buy signals or are setting up, but the choppy index action and rapid sector rotation has been a difficult environment.
U.S. crude oil futures spiked 9.4% to $100.05 a barrel last week, even with Friday's 2.4% decline. Oil prices shot up 20% in the last two weeks amid the widening U.S.-Iran conflict, threatening further oil supply routes.
The 10-year Treasury yield surged 19 basis points to 4.97%, the highest since nearly hitting 5% in October 2023. Markets are betting on a Fed rate hike, even as President Donald Trump reiterated his call for rate cuts.
#last #NASDAQ
2 days ago
EL PASO, Texas – UTEP volleyball extended its winning streak to seven matches after defeating UC San Diego, 3-1 (25-19, 25-21, 22-25, 25-20), Saturday afternoon inside Club Memorial to finish undefeated at the Borderland Classic. The Miners improve to 7-1 on the season, while the Tritons fall to 2-6.
MATCH SUMMARY
UTEP jumped out to a 2-0 lead before UC San Diego responded in the third set, but the Miners answered in the fourth to close out the match and complete the tournament sweep. UTEP finished the afternoon with a .336 hitting percentage and limited the Tritons to a .216 clip.
LEADERBOARD
Luvina Oguntimehin led all players with 14 kills, while Daisy Voskuhl followed with 11. Ema Uskokovic and Mackenzi Davis each added 10 kills.
#afternoon #saturday
MATCH SUMMARY
UTEP jumped out to a 2-0 lead before UC San Diego responded in the third set, but the Miners answered in the fourth to close out the match and complete the tournament sweep. UTEP finished the afternoon with a .336 hitting percentage and limited the Tritons to a .216 clip.
LEADERBOARD
Luvina Oguntimehin led all players with 14 kills, while Daisy Voskuhl followed with 11. Ema Uskokovic and Mackenzi Davis each added 10 kills.
#afternoon #saturday
2 days ago
Texas football news: Watch Kevin Durant test his QB arm at Ohio State clash appeared first on ClutchPoints. Add ClutchPoints as a Preferred Source by clicking here.
The Texas Longhorns welcomed Ohio State to Darrell K Royal-Texas Memorial Stadium on Saturday for a big game that didn't go the 'Horns' way early, as the Buckeyes jumped out to a 20-3 halftime lead. Texas quarterback Arch Manning made a brutally honest admission about last year's game film of his team's loss to Ohio State but did little to change it as he completed only 50% of his passes in the first half for 60 yards with one interception.
The game included celebrity pregame appearances from Houston Rockets star and Longhorns alum Kevin Durant along with actor Matthew McConaughey, who narrated an ice-cold hype video before the marquee matchup.
Durant got plenty of attention as he was seen on the sidelines showing off his quarterback skills on the same night as Manning and Ohio State QB Julian Sayin's duel. He appeared calm and content in a black T-shirt, long pants, and white baseball cap, looking like he could pass as a college quarterback while slinging passes with ease.
Watch sports LIVE with fuboTV (free trial)
#durant #quarterback #clutchpoints
The Texas Longhorns welcomed Ohio State to Darrell K Royal-Texas Memorial Stadium on Saturday for a big game that didn't go the 'Horns' way early, as the Buckeyes jumped out to a 20-3 halftime lead. Texas quarterback Arch Manning made a brutally honest admission about last year's game film of his team's loss to Ohio State but did little to change it as he completed only 50% of his passes in the first half for 60 yards with one interception.
The game included celebrity pregame appearances from Houston Rockets star and Longhorns alum Kevin Durant along with actor Matthew McConaughey, who narrated an ice-cold hype video before the marquee matchup.
Durant got plenty of attention as he was seen on the sidelines showing off his quarterback skills on the same night as Manning and Ohio State QB Julian Sayin's duel. He appeared calm and content in a black T-shirt, long pants, and white baseball cap, looking like he could pass as a college quarterback while slinging passes with ease.
Watch sports LIVE with fuboTV (free trial)
#durant #quarterback #clutchpoints
2 days ago
By Noel Randewich
Sept 11 (Reuters) - Wall Street ended higher on Friday as oil prices retreated and strong consumer price data reinforced expectations the Federal Reserve will raise interest rates next week to fight inflation.
AI server maker Dell soared 12% to a record high. Hewlett Packard Enterprise jumped 12% and HP gained 8.4% after Oracle's quarterly results topped estimates. Oracle dipped 1.8%.
U.S. consumer prices accelerated last month as the cost of gasoline rebounded after two straight monthly declines, adding pressure on the Fed to tighten monetary policy to fight inflation.
Interest rate futures now reflect a nearly 90% probability that the central bank will raise rates at its policy meeting on Wednesday, according to the CME FedWatch tool. That is up from a 72% likelihood on Thursday.
#raise #rates
Sept 11 (Reuters) - Wall Street ended higher on Friday as oil prices retreated and strong consumer price data reinforced expectations the Federal Reserve will raise interest rates next week to fight inflation.
AI server maker Dell soared 12% to a record high. Hewlett Packard Enterprise jumped 12% and HP gained 8.4% after Oracle's quarterly results topped estimates. Oracle dipped 1.8%.
U.S. consumer prices accelerated last month as the cost of gasoline rebounded after two straight monthly declines, adding pressure on the Fed to tighten monetary policy to fight inflation.
Interest rate futures now reflect a nearly 90% probability that the central bank will raise rates at its policy meeting on Wednesday, according to the CME FedWatch tool. That is up from a 72% likelihood on Thursday.
#raise #rates
2 days ago
The Wisconsin Badgers beat the Western Illinois Leathernecks 36-9 on a night that started on a high note but ended with many questions as Wisconsin improved to 1-1 on the season.
Wisconsin entered the week as a 36.5-point favorite, and that jumped all the way to 42.5 ahead of kickoff. Things looked great on the first snap of regulation, as Abu Sama III bounced a run to the edge for a 72-yard touchdown to give the Badgers an early 7-0 lead.
The Badgers forced a quick three-and-out and faced their first minor issue as Tyrell Henry fumbled on the punt return, but Wisconsin was able to recover and got great starting field position at their own 46-yard line. Sama quickly got the Badgers moving with a 31-yard run on the first play of the drive, once again bouncing to the edge and winning with speed.
One play later, the Badgers got into the red zone, but the drive stalled there as a first-down Sama run went for negative yards. Wisconsin couldn't recover from there, and they kicked a field goal in the red zone for an early 10-0 lead.
Wisconsin's defense looked sharp once again on the ensuing drive with their second consecutive three-and-out, and the punt unit made a major play for the second week in a row. After Liam Danitz blocked a punt against Notre Dame last week, Carson Van Dinter got a blocked punt early on Saturday, which he returned for an easy touchdown. Suddenly, Wisconsin was up 17-0 less than halfway through the first quarter.
#early
Wisconsin entered the week as a 36.5-point favorite, and that jumped all the way to 42.5 ahead of kickoff. Things looked great on the first snap of regulation, as Abu Sama III bounced a run to the edge for a 72-yard touchdown to give the Badgers an early 7-0 lead.
The Badgers forced a quick three-and-out and faced their first minor issue as Tyrell Henry fumbled on the punt return, but Wisconsin was able to recover and got great starting field position at their own 46-yard line. Sama quickly got the Badgers moving with a 31-yard run on the first play of the drive, once again bouncing to the edge and winning with speed.
One play later, the Badgers got into the red zone, but the drive stalled there as a first-down Sama run went for negative yards. Wisconsin couldn't recover from there, and they kicked a field goal in the red zone for an early 10-0 lead.
Wisconsin's defense looked sharp once again on the ensuing drive with their second consecutive three-and-out, and the punt unit made a major play for the second week in a row. After Liam Danitz blocked a punt against Notre Dame last week, Carson Van Dinter got a blocked punt early on Saturday, which he returned for an easy touchdown. Suddenly, Wisconsin was up 17-0 less than halfway through the first quarter.
#early
2 days ago
Navan Inc. (NASDAQ:NAVN), a global AI-enabled business travel and expense management solutions provider, announced its second quarter results on September 9. The company registered a 45% growth in its gross booking volume (GBV), which reached more than $3 billion. Such growth was fueled by cohort expansion, customer additions and increase in its existing install base. Total revenue for the quarter was $233 million, representing a 35% year-over-year jump. The company's adjusted operating income more than doubled compared to Q2 FY26, and the quarter also saw positive cash flow generation.
Copyright: kentoh / 123RF Stock Photo
Navan delivered robust performance during the recently concluded quarter, driven by a 35% increase in usage revenue which clocked in at $211 million. Subscription revenue was also up 39%, reaching $21 million. Apart from the 45% GBV expansion, a 34% growth was witnessed in Q2 Payment Volume which stood at $1.3 billion. One of the highlights of this quarter was a turnaround in adjusted net income, which jumped from an $8 million loss in Q2 FY26 to a $14 million profit for the reported period.
Enterprise market momentum remained persistent during the period, as the company established partnerships with leading names such as Evotec, Enbridge, ****** mins, and Ingersoll Rand. Significant progress was made around the Navan's proprietary AI agent, Ava, which managed roughly 60% of the total customer interactions. More than 50% of AI calls are now being managed through the company's in-house AI models, compared to 30% for the previous quarter.
Additionally, the company finalized its acquisition of a leading travel management business, Smartrips. This will enable Navan to expand its presence within the swiftly expanding Latin American market. Navan also acquired an AI-led meetings and events management platform, BoomPop.
#volume
Copyright: kentoh / 123RF Stock Photo
Navan delivered robust performance during the recently concluded quarter, driven by a 35% increase in usage revenue which clocked in at $211 million. Subscription revenue was also up 39%, reaching $21 million. Apart from the 45% GBV expansion, a 34% growth was witnessed in Q2 Payment Volume which stood at $1.3 billion. One of the highlights of this quarter was a turnaround in adjusted net income, which jumped from an $8 million loss in Q2 FY26 to a $14 million profit for the reported period.
Enterprise market momentum remained persistent during the period, as the company established partnerships with leading names such as Evotec, Enbridge, ****** mins, and Ingersoll Rand. Significant progress was made around the Navan's proprietary AI agent, Ava, which managed roughly 60% of the total customer interactions. More than 50% of AI calls are now being managed through the company's in-house AI models, compared to 30% for the previous quarter.
Additionally, the company finalized its acquisition of a leading travel management business, Smartrips. This will enable Navan to expand its presence within the swiftly expanding Latin American market. Navan also acquired an AI-led meetings and events management platform, BoomPop.
#volume
2 days ago
ETH is enjoying another stretch of relative strength, trading up as much as 7% this morning above $2,600, and still running around +4% on the day at the time of writing.
In this span, ETH outperformed a flat BTC (+0.33%) and warmer majors like SOL, HYPE, and ZEC (which are all roughly +2% over the past 24 hours).
The backdrop: Friday's CPI landed mixed, i.e. a hotter headline number softened by a cooler core reading. Markets seem to have shrugged this result off as already priced in, flipping the mood from Thursday's PPI-driven jitters back toward risk-on.
Secondary driver: This vibe shift led to buy pressure, the buy pressure led to a bounce, and the bounce led to a squeeze. As ETH shorts had become a crowded trade once more, that bounce forced hundreds of millions in liquidations, with one outsized position wipeout on Hyperliquid doing a lot of that damage alone.
What to watch: Traders are now betting the Fed will raise rates at next week's FOMC meeting. Odds jumped to the mid-to-high 80% range after Friday's data, up from around 70% the day before. If that rate hike happens and the Fed signals more are coming, ETH's rallying could stall. Yet if Fed Chair Warsh sounds less aggressive when he speaks afterward, ETH's strength could just as easily keep going.
#pressure #markets #hyperliquid
In this span, ETH outperformed a flat BTC (+0.33%) and warmer majors like SOL, HYPE, and ZEC (which are all roughly +2% over the past 24 hours).
The backdrop: Friday's CPI landed mixed, i.e. a hotter headline number softened by a cooler core reading. Markets seem to have shrugged this result off as already priced in, flipping the mood from Thursday's PPI-driven jitters back toward risk-on.
Secondary driver: This vibe shift led to buy pressure, the buy pressure led to a bounce, and the bounce led to a squeeze. As ETH shorts had become a crowded trade once more, that bounce forced hundreds of millions in liquidations, with one outsized position wipeout on Hyperliquid doing a lot of that damage alone.
What to watch: Traders are now betting the Fed will raise rates at next week's FOMC meeting. Odds jumped to the mid-to-high 80% range after Friday's data, up from around 70% the day before. If that rate hike happens and the Fed signals more are coming, ETH's rallying could stall. Yet if Fed Chair Warsh sounds less aggressive when he speaks afterward, ETH's strength could just as easily keep going.
#pressure #markets #hyperliquid
2 days ago
The economy, inflation and how those forces could impact the lives of Americans were front and center over the past week. Trips to the grocery store and gas station are more painful than they were last year, and rising costs are impacting the decisions of both households and businesses.
Here's a snapshot of prominent economic data and news that occurred over the past week and what it potentially means for you.
U.S. inflation accelerated last month as gas prices spiked in the wake of renewed fighting in the Middle East, underscoring the affordability challenges that are top of mind for many voters as midterm elections near.
The Labor Department said Friday that the consumer price index rose 3.4% last month compared with a year ago, the same as in July. But on a monthly basis, inflation accelerated, as costs jumped 0.4% from July to August, up from an increase of just 0.1% the previous month.
The figures show that inflation remains stubbornly elevated, more than five years after prices first soared as the economy emerged from the COVID pandemic. Persistent inflation has presented a major challenge for the inflation-fighters at the Federal Reserve and has soured many voters on the Trump administration's economic management.
#year
Here's a snapshot of prominent economic data and news that occurred over the past week and what it potentially means for you.
U.S. inflation accelerated last month as gas prices spiked in the wake of renewed fighting in the Middle East, underscoring the affordability challenges that are top of mind for many voters as midterm elections near.
The Labor Department said Friday that the consumer price index rose 3.4% last month compared with a year ago, the same as in July. But on a monthly basis, inflation accelerated, as costs jumped 0.4% from July to August, up from an increase of just 0.1% the previous month.
The figures show that inflation remains stubbornly elevated, more than five years after prices first soared as the economy emerged from the COVID pandemic. Persistent inflation has presented a major challenge for the inflation-fighters at the Federal Reserve and has soured many voters on the Trump administration's economic management.
#year
2 days ago
On September 9, AeroVironment Inc. (NASDAQ:AVAV) revealed its Q1 FY27 results, posting its highest ever first quarter revenue. Topline figure of $480.5 million marked a 6% year-over-year growth, fueled by a $15.5 million jump in product sales and a $10.3 million expansion of service revenue. The company reported a book-to-bill ratio of 1.4, after total bookings for the quarter came in at $0.7 billion. Let's explore the underlying drivers of AeroVironment's impressive first quarter print.
Photo by NASA on Unsplash
The first quarter record topline figure reflects on strength across the underlying business lines. The Autonomous Systems (AxS) and the ***** e, Cyber and Directed Energy (SCDE) segments contributed $346 million and $134.5 million to the total revenue, respectively. The overall gross profit jumped 31% during the quarter to $124.6 million. This pushed gross margin to 26% from 21% posted a year earlier.
Adjusted diluted earnings per share for the first quarter almost doubled, from $0.32 in the same period last year to of $0.59 in the recently concluded quarter. The company also increased its funded backlog, which clocked in at $1.5 billion, compared to $1.2 billion recorded on April 30.
With a strong backlog position and landmark strategic wins, management upheld its full-year guidance, with topline figures estimated to land between $2.125 billion and $2.225 billion. It has forecasted an adjusted EBITDA ranging from $305 million to $325 million, along with diluted EPS between $3.02 and $3.34 on adjusted basis.
#million #quarter #billion #first
Photo by NASA on Unsplash
The first quarter record topline figure reflects on strength across the underlying business lines. The Autonomous Systems (AxS) and the ***** e, Cyber and Directed Energy (SCDE) segments contributed $346 million and $134.5 million to the total revenue, respectively. The overall gross profit jumped 31% during the quarter to $124.6 million. This pushed gross margin to 26% from 21% posted a year earlier.
Adjusted diluted earnings per share for the first quarter almost doubled, from $0.32 in the same period last year to of $0.59 in the recently concluded quarter. The company also increased its funded backlog, which clocked in at $1.5 billion, compared to $1.2 billion recorded on April 30.
With a strong backlog position and landmark strategic wins, management upheld its full-year guidance, with topline figures estimated to land between $2.125 billion and $2.225 billion. It has forecasted an adjusted EBITDA ranging from $305 million to $325 million, along with diluted EPS between $3.02 and $3.34 on adjusted basis.
#million #quarter #billion #first
2 days ago
Cathie Wood just sent a fresh signal on Block (XYZ), and the timing is hard to miss.
Ark Invest bought 456,059 shares of Block across three exchange-traded funds (ETFs) last week, worth about $37.4 million. The purchase came after Block dipped nearly 2% that day. But the bigger story is what came before it. In February 2026, CEO Jack Dorsey cut more than 4,000 jobs, or roughly 40% of the workforce, as he pushed Block toward a leaner, more artificial intelligence (AI) driven model. XYZ stock jumped about 22% on the news.
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#Stock #came #cathie #Invest
Ark Invest bought 456,059 shares of Block across three exchange-traded funds (ETFs) last week, worth about $37.4 million. The purchase came after Block dipped nearly 2% that day. But the bigger story is what came before it. In February 2026, CEO Jack Dorsey cut more than 4,000 jobs, or roughly 40% of the workforce, as he pushed Block toward a leaner, more artificial intelligence (AI) driven model. XYZ stock jumped about 22% on the news.
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#Stock #came #cathie #Invest
2 days ago
Oregon football news: Ducks ruthlessly clowned on social media after shocking loss to Oklahoma State appeared first on ClutchPoints. Add ClutchPoints as a Preferred Source by clicking here.
The No. 6 Oregon Ducks are sure to fall in the rankings after suffering a 39-31 Week 2 loss to the unranked Oklahoma State Cowboys. After being crowned the favorite to win the national championship throughout the offseason, the Ducks seem to be anything but.
After the tough loss, sports fans jumped on social media and made fun of the program. Many criticized Dan Lanning, while others implied that Oregon has managed to underperform at some point nearly every season. Others simply found the loss to Oklahoma State hilarious.
"Oregon really lost," one sports fan said with a laugh-crying emoji.
Watch sports LIVE with fuboTV (free trial)
#ducks #loss #oklahoma #others
The No. 6 Oregon Ducks are sure to fall in the rankings after suffering a 39-31 Week 2 loss to the unranked Oklahoma State Cowboys. After being crowned the favorite to win the national championship throughout the offseason, the Ducks seem to be anything but.
After the tough loss, sports fans jumped on social media and made fun of the program. Many criticized Dan Lanning, while others implied that Oregon has managed to underperform at some point nearly every season. Others simply found the loss to Oklahoma State hilarious.
"Oregon really lost," one sports fan said with a laugh-crying emoji.
Watch sports LIVE with fuboTV (free trial)
#ducks #loss #oklahoma #others
2 days ago
U.S. Bancorp (NYSE:USB) has raised its quarterly dividend by 3.8% to $0.54 per share. That brings the annualized payout at $2.16 and the yield at 3.5%.
For income-focused investors, the increase adds to the bank's appeal. But the more important point is what supports the higher payout.
U.S. Bancorp enters the second half of 2026 on firm footing. The bank's latest results show accelerating earnings, strong loan growth, and a solid capital position.
U.S. Bancorp (NYSE:USB)'s revenue increased 10% YoY in Q2 to a record $7.7 billion. Net interest margin jumped to 2.79%, up from 2.66% a year ago. That helped push the net income attributable to the bank up 20% to $2.18 billion. Diluted EPS rose 21.6% to $1.35.
The bank's balance sheet also continued to expand. Average loans increased 7.1% to $405.5 billion, supported by strong commercial, commercial real estate and credit card lending activity. Average deposits increased 2.4% to $515.1 billion, providing low-cost funding for the loan growth.
#Growth
For income-focused investors, the increase adds to the bank's appeal. But the more important point is what supports the higher payout.
U.S. Bancorp enters the second half of 2026 on firm footing. The bank's latest results show accelerating earnings, strong loan growth, and a solid capital position.
U.S. Bancorp (NYSE:USB)'s revenue increased 10% YoY in Q2 to a record $7.7 billion. Net interest margin jumped to 2.79%, up from 2.66% a year ago. That helped push the net income attributable to the bank up 20% to $2.18 billion. Diluted EPS rose 21.6% to $1.35.
The bank's balance sheet also continued to expand. Average loans increased 7.1% to $405.5 billion, supported by strong commercial, commercial real estate and credit card lending activity. Average deposits increased 2.4% to $515.1 billion, providing low-cost funding for the loan growth.
#Growth
3 days ago
CHESTNUT HILL, Mass. — There is no coming back from this for Rutgers — and maybe its head coach.
The Scarlet Knights still have 10 more games on their schedule this fall, but the 2026 season effectively came to an end after they suffered a devastating 28-21 loss to Boston College on Friday night.
Any flicker of hope remaining following a season-opening 37-21 loss to UMass — the worst loss in modern program history — were dashed at Alumni Stadium, where Rutgers showed more life than its pathetic showing against the Minutemen, but not enough to secure a win it desperately needed — and easily could have gotten.
The Scarlet Knights (0-2) were blitzed from the beginning by the Eagles (1-1), who jumped out to a 17-0 lead through the opening 17 minutes and led the rest of the way.
Rutgers was not ready to play — it was forced to call a timeout on the third play of the game when it sent two players on the field with the same jersey number (#56) — and while it came agonizingly close to stealing a game that was there for the taking, it could not stop shooting itself in the foot.
#rutgers #scarlet
The Scarlet Knights still have 10 more games on their schedule this fall, but the 2026 season effectively came to an end after they suffered a devastating 28-21 loss to Boston College on Friday night.
Any flicker of hope remaining following a season-opening 37-21 loss to UMass — the worst loss in modern program history — were dashed at Alumni Stadium, where Rutgers showed more life than its pathetic showing against the Minutemen, but not enough to secure a win it desperately needed — and easily could have gotten.
The Scarlet Knights (0-2) were blitzed from the beginning by the Eagles (1-1), who jumped out to a 17-0 lead through the opening 17 minutes and led the rest of the way.
Rutgers was not ready to play — it was forced to call a timeout on the third play of the game when it sent two players on the field with the same jersey number (#56) — and while it came agonizingly close to stealing a game that was there for the taking, it could not stop shooting itself in the foot.
#rutgers #scarlet
3 days ago
LAWRENCE, Kan. (AP) — Austin Simmons threw for 292 yards and three touchdowns, Robert Woodyard Jr. produced back-to-back second-half turnovers to help Missouri take control, and the No. 23 Tigers beat Kansas 38-21 on Friday night in the latest edition of the Border War.
Jamal Roberts ran for 125 yards and a touchdown, and Donovan Olugbode and Cayden Lee caught TD passes, helping the Tigers (2-0) beat their biggest rival for the fifth straight time in their first trip across the state line since Oct. 29, 2005.
It was tied 14-all early in the second half when Woodyard fell on Kansas quarterback Isaiah Marshall's fumble, and Simmons quickly found Olugbode for the go-ahead touchdown. On the Jayhawks' next offensive play, Woodyard faded into the secondary and was there to pick off Marshall's pass, setting up Xai'Shaun Edwards' touchdown run.
Marshall finished with 168 yards passing, two touchdowns and two interceptions for the Jayhawks (1-1), who haven't beaten Missouri since Nov. 29, 2008. The sophomore quarterback also carried 20 times for just 23 yards.
Kansas jumped on the Tigers early, just as it did last season in Columbia, when a series that went on hiatus after the Tigers' departure for the SEC finally resumed after more than a decade. This time around, the Jayhawks capitalized on Missouri miscues: four false start penalties in the first half alone, blown blocking ****** ignments and two blocked field-goal attempts.
#olugbode
Jamal Roberts ran for 125 yards and a touchdown, and Donovan Olugbode and Cayden Lee caught TD passes, helping the Tigers (2-0) beat their biggest rival for the fifth straight time in their first trip across the state line since Oct. 29, 2005.
It was tied 14-all early in the second half when Woodyard fell on Kansas quarterback Isaiah Marshall's fumble, and Simmons quickly found Olugbode for the go-ahead touchdown. On the Jayhawks' next offensive play, Woodyard faded into the secondary and was there to pick off Marshall's pass, setting up Xai'Shaun Edwards' touchdown run.
Marshall finished with 168 yards passing, two touchdowns and two interceptions for the Jayhawks (1-1), who haven't beaten Missouri since Nov. 29, 2008. The sophomore quarterback also carried 20 times for just 23 yards.
Kansas jumped on the Tigers early, just as it did last season in Columbia, when a series that went on hiatus after the Tigers' departure for the SEC finally resumed after more than a decade. This time around, the Jayhawks capitalized on Missouri miscues: four false start penalties in the first half alone, blown blocking ****** ignments and two blocked field-goal attempts.
#olugbode
3 days ago
The S&P 500 Index ($SPX) (SPY) closed down -0.58% on Thursday, the Dow Jones Industrial Average ($DOWI) (DIA) closed down -0.60%, and the Nasdaq 100 Index ($IUXX) (QQQ) closed down -1.08%. E-mini S&P futures (ESU26) fell -0.61%, and September E-mini Nasdaq futures (NQU26) fell -1.07%.
Stock indexes settled lower on Thursday, with the S&P 500 and Dow Jones Industrials dropping to 5-week lows. Soaring energy prices pushed global bond yields sharply higher on Thursday, weighing on stocks. WTI crude oil surged more than +6% on Thursday to a 3.5-month high amid fears that the US-Iran war will persist, increasing inflation risks and prompting the world's central banks to keep raising interest rates. The 10-year UK Gilt yield jumped to a 19-year high today of 5.38%, the 10-year German Bund yield surged to a 17-year high of 3.51%, and the 10-year T-note yield rose to a 2.75-year high of 4.96%.
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#thursday #Stock
Stock indexes settled lower on Thursday, with the S&P 500 and Dow Jones Industrials dropping to 5-week lows. Soaring energy prices pushed global bond yields sharply higher on Thursday, weighing on stocks. WTI crude oil surged more than +6% on Thursday to a 3.5-month high amid fears that the US-Iran war will persist, increasing inflation risks and prompting the world's central banks to keep raising interest rates. The 10-year UK Gilt yield jumped to a 19-year high today of 5.38%, the 10-year German Bund yield surged to a 17-year high of 3.51%, and the 10-year T-note yield rose to a 2.75-year high of 4.96%.
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#thursday #Stock
3 days ago
Annual U.S. cancer deaths tied to alcohol consumption more than doubled over a three-decade period, according to a recent study led by researchers at the Sylvester Comprehensive Cancer Center at the University of Miami Miller School of Medicine.
The findings, published in The Lancet Regional Health — Americas and presented at the American Society of Clinical Oncology Annual Meeting in Chicago, revealed that alcohol-attributable cancer deaths jumped from 11,361 in 1990 to 23,126 in 2023.
Researchers ******* yzed more than 30 years of data from the Global Burden of Disease study to track the trends.
Beer, Wine Or Liquor? Massive Study Reveals Which Was Linked To Lower Death Risk
While alcohol has long been classified as a Group 1 carcinogen by the International Agency for Research on Cancer, surveys show that awareness of its link to cancer remains limited.
#study
The findings, published in The Lancet Regional Health — Americas and presented at the American Society of Clinical Oncology Annual Meeting in Chicago, revealed that alcohol-attributable cancer deaths jumped from 11,361 in 1990 to 23,126 in 2023.
Researchers ******* yzed more than 30 years of data from the Global Burden of Disease study to track the trends.
Beer, Wine Or Liquor? Massive Study Reveals Which Was Linked To Lower Death Risk
While alcohol has long been classified as a Group 1 carcinogen by the International Agency for Research on Cancer, surveys show that awareness of its link to cancer remains limited.
#study
3 days ago
Solana (SOL) has been trading relatively range-bound lately, but bulls have managed to defend the $100 psychological threshold ahead of the Federal Reserve's interest rate decision.
The macroeconomic backdrop continues to be challenging for cryptocurrencies, as inflation in the United States is nearly 200 basis points higher than the central bank's target.
Odds of a rate hike in September have now jumped to 62%, up from a recent low of 50%. Meanwhile, the Treasury Department's decision to triple its bond buybacks did little to change the market's cautious attitude.
As a result, the latest crypto rally has stalled, with SOL experiencing a mild 0.7% advance in the past 7 days.
However, an on-chain metric seems to be indicating that a massive price move is about to take place based on historical patterns.
#rate #meanwhile
The macroeconomic backdrop continues to be challenging for cryptocurrencies, as inflation in the United States is nearly 200 basis points higher than the central bank's target.
Odds of a rate hike in September have now jumped to 62%, up from a recent low of 50%. Meanwhile, the Treasury Department's decision to triple its bond buybacks did little to change the market's cautious attitude.
As a result, the latest crypto rally has stalled, with SOL experiencing a mild 0.7% advance in the past 7 days.
However, an on-chain metric seems to be indicating that a massive price move is about to take place based on historical patterns.
#rate #meanwhile
3 days ago
Steve Reinke helped his son Scott build a modest one-bedroom home in Isanti County, Minnesota, in 2015. The goal was affordability: The total cost of land and materials came to just over $130,000. Eleven years later, the county has ***** sed the property at just over $484,000 for 2027.
Reinke says the property tax bill has become nearly as large as the mortgage payment, and the county hasn't explained why the valuation jumped so dramatically.
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#build
Reinke says the property tax bill has become nearly as large as the mortgage payment, and the county hasn't explained why the valuation jumped so dramatically.
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
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The tax breaks in Trump's 'big beautiful bill' expire after 2028. Here are 4 moves to make before the window closes
#build
3 days ago
These are weird times for the 'Notorious' Conor McGregor.
The Irish sports star came into his bout with Max Holloway at UFC 329 in July with muted fanfare, as UFC tried its best not to give oxygen to McGregor's decade of past controversies. They did this despite their former champ-champ being found liable for rape in an Irish civil court in 2024.
Despite best efforts to present McGregor as his best self, the 38 year-old came into the Octagon looking old and tired. He blew his knee out on his first foray forward and was forced to fold in the middle of the cage, before a thoroughly bemused Holloway. The ACL injury he suffered that night required surgery and will mean another long wait before McGregor gets back in the fighting arena.
The Holloway fight was the penultimate bout on McGregor's UFC contract. Whether he gets another fight, and a chance at liberation, is up in the air.
Eddie Alvarez is one man who knows exactly how tough these kinds of situations can be. 'The Underground King' was subject of legal action from Bellator when he jumped ship to join UFC in 2014. All the stress of that departure was worth it in the end, though, with Alvarez winning the UFC Lightweight **** le two years later.
#irish #came #champ
The Irish sports star came into his bout with Max Holloway at UFC 329 in July with muted fanfare, as UFC tried its best not to give oxygen to McGregor's decade of past controversies. They did this despite their former champ-champ being found liable for rape in an Irish civil court in 2024.
Despite best efforts to present McGregor as his best self, the 38 year-old came into the Octagon looking old and tired. He blew his knee out on his first foray forward and was forced to fold in the middle of the cage, before a thoroughly bemused Holloway. The ACL injury he suffered that night required surgery and will mean another long wait before McGregor gets back in the fighting arena.
The Holloway fight was the penultimate bout on McGregor's UFC contract. Whether he gets another fight, and a chance at liberation, is up in the air.
Eddie Alvarez is one man who knows exactly how tough these kinds of situations can be. 'The Underground King' was subject of legal action from Bellator when he jumped ship to join UFC in 2014. All the stress of that departure was worth it in the end, though, with Alvarez winning the UFC Lightweight **** le two years later.
#irish #came #champ
3 days ago
On Aug. 27, 18-year-old Addisyn Baird was in Hartford, Connecticut, preparing to play in a hockey tournament when she received a life-changing phone call.
The call was from Justine Siegal, commissioner of the Women's Pro Baseball League (WPBL). The Los Angeles Queens needed another player after one of their outfielders left to play for Curaçao's national team and the team wanted to sign Baird as a replacement for the remainder of the season.
"How fast can you get here?" Siegal asked.
The next morning, Baird played in one hockey game. Then she and her dad jumped in the car and drove more than 20 hours to Springfield, Illinois, where the WPBL plays all its games. On Sept. 3, Baird made her professional debut for the Queens, whose roster includes former Little League World Series phenom Mo'ne Davis.
Baird is the only current high school student playing in the inaugural season of the WPBL, which launched in August with four teams. The WPBL playoffs are underway this month, with two best-of-three semifinal series preceding a best-of-five championship series scheduled to begin Sept. 16.
#wpbl #series #sept #call
The call was from Justine Siegal, commissioner of the Women's Pro Baseball League (WPBL). The Los Angeles Queens needed another player after one of their outfielders left to play for Curaçao's national team and the team wanted to sign Baird as a replacement for the remainder of the season.
"How fast can you get here?" Siegal asked.
The next morning, Baird played in one hockey game. Then she and her dad jumped in the car and drove more than 20 hours to Springfield, Illinois, where the WPBL plays all its games. On Sept. 3, Baird made her professional debut for the Queens, whose roster includes former Little League World Series phenom Mo'ne Davis.
Baird is the only current high school student playing in the inaugural season of the WPBL, which launched in August with four teams. The WPBL playoffs are underway this month, with two best-of-three semifinal series preceding a best-of-five championship series scheduled to begin Sept. 16.
#wpbl #series #sept #call
3 days ago
U.S. consumer prices rose 0.4% from the month before in August, the Labor Department estimated Sept. 11, in line with forecasters' expectations.
A spike in gas prices drove the increase, rising 3.9% over the month as the Iran war further limited the global oil supply. Over the year, prices for all items rose 3.4%, matching July's pace. That was still enough to surpass workers' paychecks, which rose on average 3.1% over the same period.
After reaching a peak of 9.1% in 2022, year-over-year inflation had made its way back to 2.4% at the start of 2026. It jumped to 3.4% in March driven by rising oil and gas prices following the start of the war. After hitting 4.2% in May, it slowed to 3.5% in June and to 3.4% in July.
It, along with the Federal Reserve's preferred measure of inflation, the Personal Consumption Expenditures price index, remain above the central bank's 2% annual target.
The Fed typically raises its benchmark for interest rates across the country to help tame inflation and lowers it to stimulate the job market. After Fed Chair Kevin Warsh said Aug. 28 policymakers' focus should be on rising prices and U.S. employers added a surprising 162,000 jobs last month, markets are betting on a rate hike after the Fed's next meeting on Sept. 16. However, one is not guaranteed.
#rising
A spike in gas prices drove the increase, rising 3.9% over the month as the Iran war further limited the global oil supply. Over the year, prices for all items rose 3.4%, matching July's pace. That was still enough to surpass workers' paychecks, which rose on average 3.1% over the same period.
After reaching a peak of 9.1% in 2022, year-over-year inflation had made its way back to 2.4% at the start of 2026. It jumped to 3.4% in March driven by rising oil and gas prices following the start of the war. After hitting 4.2% in May, it slowed to 3.5% in June and to 3.4% in July.
It, along with the Federal Reserve's preferred measure of inflation, the Personal Consumption Expenditures price index, remain above the central bank's 2% annual target.
The Fed typically raises its benchmark for interest rates across the country to help tame inflation and lowers it to stimulate the job market. After Fed Chair Kevin Warsh said Aug. 28 policymakers' focus should be on rising prices and U.S. employers added a surprising 162,000 jobs last month, markets are betting on a rate hike after the Fed's next meeting on Sept. 16. However, one is not guaranteed.
#rising
3 days ago
WASHINGTON (AP) — President Donald Trump said Wednesday that oil prices that have surged because of the Iran war likely won't come down until after U.S. midterm elections.
Oil prices on Wednesday jumped more than 3%, pushing international Brent crude past the $100 threshold for the first time since July as salvos between the U.S. and Iran escalated.
"Right after the election, oil prices are going to be tumbling downward," Trump said. "I think it's going to take a little bit longer than the midterm."
The comments were a striking acknowledgment from Trump about the conflict as his Republican administration faces mounting pressure to address high gas prices as the war in Iran grinds on with no conclusion in sight.
Trump, in an exchange with reporters before traveling to Dallas for the midterm Republican convention, added that he believes Iran will finally relent after the pivotal elections are held in the U.S.
#midterm
Oil prices on Wednesday jumped more than 3%, pushing international Brent crude past the $100 threshold for the first time since July as salvos between the U.S. and Iran escalated.
"Right after the election, oil prices are going to be tumbling downward," Trump said. "I think it's going to take a little bit longer than the midterm."
The comments were a striking acknowledgment from Trump about the conflict as his Republican administration faces mounting pressure to address high gas prices as the war in Iran grinds on with no conclusion in sight.
Trump, in an exchange with reporters before traveling to Dallas for the midterm Republican convention, added that he believes Iran will finally relent after the pivotal elections are held in the U.S.
#midterm
3 days ago
Braze Inc. (NASDAQ:BRZE) turned in a strong second quarter. The reputed customer engagement platform showcased continued momentum across both its product strategy and financial performance. The company generated topline figure of $227.2 million, an impressive 26.2% increase compared to the same period last year. This revenue growth was fueled by upselling gains, customer additions and renewals. The company posted $24.2 million in cash flow from operating activities, a monumental growth relative to $7 million in the same period a year ago. This was paired with $21.7 million in free cash flow, against $3.5 million during Q2 FY26.
Jirsak/Shutterstock.com
The quarter brought several meaningful strategic moves. Braze broadened its BrazeAI Operator tool, which allows users to build new Canvas steps straight from conversational prompts. The company also signed a three-year Strategic Collaboration Agreement with AWS to support collaborative co-selling and go-to-market initiatives. The arrangement will incentivize AWS sellers for integrating Braze within their accounts.
For the latest quarter, subscription revenue jumped to $207.7 million from $171.8 million a year prior, while professional services and other revenue more than doubled, reaching $19.6 million. Dollar-based net retention among larger accounts, defined as those with annual recurring revenue of $500,000 or more, edged up to 112% in comparison to 111% a year earlier. Profitability metrics improved considerably as well, with adjusted operating income jumping to $22 million from $6 million, and adjusted diluted EPS increasing from $0.15 to $0.19.
Management cited growing demand for measurable return on investment as the primary force behind faster uptake of Braze's AI product lineup, which includes BrazeAI Operator, BrazeAI Agent Console, and BrazeAI Decisioning Studio.
#revenue
Jirsak/Shutterstock.com
The quarter brought several meaningful strategic moves. Braze broadened its BrazeAI Operator tool, which allows users to build new Canvas steps straight from conversational prompts. The company also signed a three-year Strategic Collaboration Agreement with AWS to support collaborative co-selling and go-to-market initiatives. The arrangement will incentivize AWS sellers for integrating Braze within their accounts.
For the latest quarter, subscription revenue jumped to $207.7 million from $171.8 million a year prior, while professional services and other revenue more than doubled, reaching $19.6 million. Dollar-based net retention among larger accounts, defined as those with annual recurring revenue of $500,000 or more, edged up to 112% in comparison to 111% a year earlier. Profitability metrics improved considerably as well, with adjusted operating income jumping to $22 million from $6 million, and adjusted diluted EPS increasing from $0.15 to $0.19.
Management cited growing demand for measurable return on investment as the primary force behind faster uptake of Braze's AI product lineup, which includes BrazeAI Operator, BrazeAI Agent Console, and BrazeAI Decisioning Studio.
#revenue
