CD ownership among American families surged 65%, jumping from 6.5% to 10.7% between 2022 and 2025, driven by higher deposit rates.
Median CD balances rose 23% while mean balances grew only 4%, signaling gains spread broadly among typical savers rather than wealthy account holders.
Treasury bills currently yield up to 4.39%, well above the national average 12-month CD rate of 1.76%, which trails inflation running at 3.7%.
Read More: Avoid these 13 retirement mistakes before they derail your future (sponsor)
For much of the last decade, bank certificates of deposit paid so little that many savers didn't bother with them. A CD is a savings account that holds money for a fixed term. A saver agrees to leave money with a bank for a set period, like 12 months, and the bank pays a fixed rate.

#deposit #account #rate

One of the most basic realities of the NFL trade market is that, when a team adds a key player during a given season, someone will be taking a seat.
In Seattle, the "someone" who will be leaving the starting lineup after the arrival of guard Quenton Nelson is Anthony Bradford. With Nelson taking over at left guard and 2025 first-rounder Grey Zabel moving to right guard, former starting right guard Anthony Bradford will move to the bench.
"It's not an easy situation," coach Mike Macdonald told reporters on Thursday. "I thought Anthony played good football for us, and he has, and he's earned a significant role on our team, a starting-level role. It's one of those 'through not around' type of things with AB that is not easy.
"There's no way to sugarcoat it, and he believes this when we say this, how much we love him. The guys love him in the locker room. He's a fantastic teammate. We don't expect him to be jumping over joy in this situation because that's not realistic, but he's going to be a great teammate and he's going to stay ready.
"We know how this league works. You're a play away from him playing every play again. It's not an easy situation, but he's a tough cookie, and the guys will have his back as well and we're behind him as well, but it's not easy."

#easy

The Georgia Bulldogs entered Saturday's matchup against the Auburn Tigers ranked No. 1 in the country after earning a road victory over the Alabama Crimson Tide.
However, after jumping out to a 14-0 lead against the Tigers, Georgia watched Auburn storm back with 24 unanswered points to pull off a shocking 27-24 upset. Kicker Alex McPherson sealed the win with a game-winning field goal.
Georgia had the ball near midfield with the score tied 24-24 and a chance to drive down the field for the win. However, quarterback Gunner Stockton fumbled, and Auburn recovered before driving into field goal range.
After the game, Georgia head coach Kirby Smart made it clear that he trusts his quarterback more than anyone in the country with the ball in his hands, and the late turnover didn't change that.
"We wouldn't have been in the position we were if it wasn't for Gunner … I thought he did a good job keeping us in the game," Smart said. "Very unfortunate on the fumble. If there's anybody I'd pick to have the ball in their hands, it'd be him."

#however

Stock futures are higher after two days of losses for major indexes as traders await the Federal Reserve's decision on interest rates; the Fed is widely expected to raise its benchmark interest rate for the first time in three years to tame inflation; the European Union could add Canada as an "associate member" amid the country's growing trade war with the Trump administration; shares of SK Hynix and Intel are climbing following a report that the companies could partner to build chips in the U.S.; and retail sales data is due this morning. Here's what you need to know today.
Stock futures are rising this morning ahead of the highly anticipated Federal Reserve decision on interest rates. Dow Jones Industrial Average and S&P 500 futures were each up 0.3% in recent trading while futures tracking the tech-heavy Nasdaq added 0.6%. The major indexes fell Tuesday for the second straight session as oil prices and government bond yields rose. WTI crude oil futures were recently down more more than 2% at $103.50 per barrel after hitting a fresh four-month high yesterday. The yield on the 10-year Treasury note was at 4.97%, after jumping as high as 5.04% in yesterday's session, the highest point since the financial crisis of 2007. Bitcoin was holding steady at $76,100, after the cryptocurrency slumped yesterday as the Clarity Act failed to pass through a cloture vote in the Senate. Gold futures were up 1% to $4,390 an ounce.
The Federal Reserve's policy committee will wrap up its two-day meeting this afternoon amid expectations that the central bank will hike its benchmark rate for the first time in three years to address mounting inflationary pressure. The Federal Open Market Committee's decision is scheduled to be released at 2:00 p.m. ET, along with quarterly economic projections from FOMC members. Fed Chair Kevin Warsh, who took over the top position in May, has said repeatedly the Fed is squarely focussed on bringing inflation down to the Fed's target. Recent inflation data has confirmed that price pressures persist as oil prices rise owing to the Iran war. Investors will be looking for additional insights from Warsh, who is scheduled to speak at a press conference half an hour after the decision is announced. A rate hike is meant to raise borrowing costs, slowing economic activity such that inflation moderates. The challenge the Fed faces is that it can't address the underlying causes of the inflation, including the Iran war, tariffs and rampant corporate spending on AI.

#interest

Changing jobs is looking lucrative again.
Base pay for job changers in the private sector increased 4.7% in August, compared to 3% for job stayers, according to the latest report from payroll provider ADP.
When you consider gross pay, which includes tips, commissions, and bonuses, wages for job stayers rose 4.4% year over year, while gross pay for job changers increased substantially more: 7.3%.
In another recent report, the job-jumping news was just as promising.
The median pay increase for workers switching jobs rose to 5% last month from 4.4% in July, according to new data from the Atlanta Fed. For those who stay put, the average pay increase was 3.6%, the same as in July.

#Jobs #rose

SailPoint Inc. (NASDAQ:SAIL), a leading player within the enterprise identity security ***** e, released its fiscal second-quarter 2027 on September 9. The company registered a 25% growth in its annual recurring revenue compared to the same period last year, with figures of $1.231 billion. This was driven by a 36% expansion in SaaS ARR which clocked in at $847 million. SailPoint generated $45 million in operating cash flow during the quarter, along with $37 million in free cash flow.
Burben/Shutterstock.com
Topline for the quarter hit $309 million, exhibiting 17% growth compared to Q2 FY26, amid several underlying factors. The company's subscription revenue reached $295 million, up 19% from a year earlier. SaaS customer base increased by 16%, with net new SaaS ARR jumping 34% year-over-year. It contributed around 97% to overall net new ARR for the business, with AI-driven ARR crossing $70 million mark.
SailPoint's existing customer base showed highly encouraging trends in adopting the company's AI-enabled solutions, with a 60% increase in their annual spend during the second quarter. These solutions were incorporated within more than two-thirds of the completed migrations during the quarter. Quarterly adjusted operating income increased from $54 million a year prior to $63 million, translating into an adjusted margin of 20%.
The quarter also saw key strategic moves by the management. It introduced the SailPoint Identity Security solution, which integrates SailPoint Agentic Fabric with SailPoint Human Fabric to deliver a real-time cycle for discovering and securing intricate digital ecosystems. The company also launched its Cursor Enterprise connector, which enables enterprises to manage both autonomous AI agents and human developers through an integrated control plane.

#year #SaaS #fabric #identity

Well that was atrocious and my eyeballs hurt just from having to witness that half of a football game.
Alabama's offense opened the game with Keelon Russell taking a bad intentional grounding penalty, Daniel Hill getting dropped for a loss, then Russell getting picked off by a defensive lineman for a quick pick 6. The Tide defense did turn around and get their own pick six with Luke Metz jumping a slant route, but that was about the last good thing to happen for Alabama.
The Tide defense generally stood their ground, but one drive got extended twice one "Defensive holding" penalties, then extended again when the Tide got a stop on 4th down, but the referees decided that, somehow, replay concluded that an incomplete pass was actually a fumble, and that fumble somehow occurred over the first down line despite the player not being at the line and ball being in his back arm.
Alabama's offense did put together two decent drives, but both stalled in the redzone on the backs of multiple penalties taking away touchdowns. Just eye-gouging football to have to watch.
Then, with a chance to go down the field and take a lead before halftime, Russell overthrew Rico Scott by about 15 yards and got picked off, giving Kentucky a short field. The Tide defense stood on their heads again, but Bray Hubbard got called for clapping when he celebrated his team not jumping offsides on a 4th down hard count. Technically the right penalty…. But man. The crucial-situation yellow flags coming out this entire half was awful. Anyway, it pushed Kentucky far enough up they could close the half with a field goal.

#russell #defense #field

ZEELAND - Logan Nash didn't look very tired for a kid who rarely left the football field.
The Zeeland West senior, who is a defensive back and running back, was making tackles left and right with his teammates in a 24-0 win over Newmarket Huron Heights, a team from outside of Toronto.
"That's just how we play football," Nash said. "We're diving around out there jumping on piles. We're nuts."
Huron Heights runs a very similar offense to Zeeland West's Wing-T.
"It's just like playing the Unity boys; hard-tough nosed football," Nash said of conference rival Unity Christian.

#logan

On a cloudy, seventeen-degree evening in the federal capital, 1. FC Union Berlin (0-1-1, 15th) played host to FC Schalke 04 (0-1-1, 14th) in the third matchweek of their 2026/27 Bundesliga campaigns at Stadion An der Alten Försterei.
Union Berlin, in their eighth Bundesliga season, managed to draw Eintracht Frankfurt 3-3 on the opening matchweek, but failed to land a single shot on target in an 0-4 defeat to Bayer 04 Leverkusen last weekend. As for Schalke, who return to the Bundesliga for the first time since 2022/23, they lost their opener 0-3 to FC Augsburg but managed to follow it with a scoreless draw against the reigning German champions, FC Bayern München.
This is the seventh meeting between the two sides in their histories, with the current head-to-head record an even 1-4-1. Schalke's lone win came in 2019/20, a 2-1 result at Veltins-Arena - Union's only victory was a dominant 6-1 result in the 2022/23 season, with that match also having been played in Gelsenkirchen. With the other sixteen teams yet to play their third matches, the winning side from this match would move up to seventh place in the table, and will likely be in the middle of the table by the time that all matches are complete on Sunday.
The hosts, in red, would kick off the match and go left to right in the opening term, with Schalke, in blue, going right to left when on the attack. It would take ten minutes for the visitors to get the first chance, as a through ball from Robin Gosens on the left side of the Union half would reach Kenan Karaman at the edge of the box. The Turkish striker and team captain saw enough ******* e to direct a shot towards the top-left corner, and did not miss by much, as his right-footed attempt went over the hands of a jumping Frederik Rønnow and slightly over the bar.
Schalke would win a corner just five minutes later, whipped in near-post by Adil Aouchiche; the cross would be met by a powerful header from Dejan Ljubičić, but the Austrian attacking midfielder would send the ball well above the top-right corner and out of play. Aouchiche would then get another chance of his own in the nineteenth minute, but his right-footed curler towards the top-left corner was fantastically denied by a leaping Rønnow.

#played

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

Prince Harry is allegedly looking for unusual new opportunities to revamp his public image. The sources reveal his team has been searching for adventurous and charity stunts to rebuild his image.
Prince Harry's reported change in public image strategy involves taking part in high-profile physical challenges for charitable causes.
According to Rob Shuter's Substack Naughty But Nice, sources said, "Harry needs action. Another stage, speech or interview isn't going to change the conversation. They want him jumping out of planes, climbing mountains and taking risks. The goal is simple: make Harry the Tom Cruise of princes."
The Duke of Sussex is reportedly set to participate in a charity skydive later in September.
A source added, "Put Harry in a jumpsuit, strap a parachute to him, and suddenly ***** ody is talking about family feuds or Netflix. They're watching a prince jump out of an airplane for charity. That's powerful imagery."

#prince #sources #change

On August 5, Cytek Biosciences (NASDAQ:CTKB) reported financial results for the second quarter ended June 30, and the report reads like two different companies at once. Revenue climbed, margins widened, and the installed base of instruments kept expanding. At the same time, the net loss more than doubled from a year earlier and adjusted EBITDA swung negative. For a company selling hardware into cell ***** ysis labs, that split between growing revenue and growing losses is the story investors need to untangle.
Total revenue reached $48.1 million in the second quarter of 2026, up 6% from the second quarter of 2025, and the growth came from more than one source. Cytek expanded its installed base to 3,933 instruments as of June 30, 2026, adding 142 units in the quarter, and each new machine tends to pull in service and reagent sales over time. That dynamic already shows up in the numbers: recurring revenue from service and reagents hit $18.5 million in the quarter, and on a trailing 12-month basis it now makes up 35% of total revenue, up from 32% a year earlier.
Gross profit told a similar story, climbing 19% to $28.3 million, with GAAP gross margin rising to 59% from 52% and adjusted gross margin reaching 61% from 56%. Some of that lift came from a one-time tariff refund, but even stripped of it, adjusted gross margin still improved to 56%. Cytek also launched the Borealis, a 7-laser flow cytometer built for 60-color panels, and rolled out more automated configurations of its Aurora Evo line, giving the sales team new hardware to sell into the rest of 2026. Full-year revenue guidance moved up to a range of $207 million to $212 million, raising the midpoint by $1 million.
The same quarter that grew revenue also widened the losses. Operating expenses rose 15% year over year to $39.7 million, with general and administrative costs jumping 24% to $16.8 million because of litigation-related expenses, severance, and other personnel costs. R&D spending grew 10% to $9.7 million, and sales and marketing rose 9% to $13.2 million, so the increase was not confined to one line item. The loss from operations widened to $11.4 million from $10.6 million a year earlier, and net loss more than doubled to $12.2 million from $5.6 million.
Adjusted EBITDA, which strips out stock-based compensation and currency swings, swung to a $1.5 million loss from a positive $1.3 million a year earlier, after also adjusting for a write-off tied to an early-stage technology investment. The tariff refund that boosted this quarter's headline gross margin also means the underlying figures, 53% GAAP and 56% adjusted, are the more honest baseline going forward. Cash and marketable securities held roughly flat at $262.0 million as of June 30, 2026, down only slightly from $262.2 million three months earlier, so the balance sheet has not yet felt the strain.

#quarter #adjusted

While a strong stock market has boosted 401(k) balances — jumping 10.5% in Q2, according to Fidelity data — how do you know if your savings are measuring up?
For those aged 45 to 49, the average 401(k) account balance is $163,200, according to Fidelity, while for those aged 50 to 54 the average is $215,700.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
The tax breaks in Trump's 'big beautiful bill' expire after 2028. Here are 4 moves to make before the window closes

#jeff

The first full weekend of college football is behind us and, man, there's a lot to unpack. There weren't many marquee games (one to be exact) but we learned a little bit. The off season noise seems to be just that, noise. Are there already coaches on the hotseat? Definitely. A conference has some explaining to do. Finally, look at all those quarterbacks. The draft next year will be historic.
BATON ROUGE, LOUISIANA - SEPTEMBER 05: Running back Dilin Jones #13 of the LSU Tigers is defended by safety Corey Myrick #22 of the Clemson Tigers during the first half of a game at Tiger Stadium on September 05, 2026 in Baton Rouge, Louisiana. (Photo by Tyler Kaufman/Getty Images)
"I want to announce my presence with authority!"- Nuke Laloosh
They were already dominating the news cycle but LSU threw a fastball to the ear flap of college football Saturday night. Lawsuits, injunctions, talk of expulsion all went by the wayside. As if all that wasn't enough, Mother Nature decided to prolong the mess with a two-hour weather delay. No matter, Lane Kiffin had the most prepared team in the country. Say what you will about Kiffin (and you can say plenty). He's smug, petty and can't resist poking anyone, anytime. He can also coach the ****** out of a football team and Saturday was Exhibit A. LSU made Clemson look absolutely inferior for 60 minutes, racking up 644 yards making everyone embarrassed for the ACC Tigers.
LSU was crisp, efficient, disciplined and out to make a point. They'll only get better. Sam Leavitt was the weak spot if you want to call it that. Yes, he ran and threw it all over the field but he had batted ****** , missed a few throws and had an interception. If this is his least efficient game of the season, put him on the Heisman watchlist now. I see LSU jumping a few teams when the rankings come out. Look for them around number six. LSU is coming.

#Football #september #saturday

Never heard of the 12-week series of Traverse City Horse Shows? Always wanted to see Olympians in person? Now's your chance, through Sept. 20.
Here's what you need to know about the show, showjumping, and being around horses.
The show has a schedule on its website with information about each day's activities. Generally, the show runs Wednesday through Saturday or Sunday. It ends Sept. 20.
The show takes place at Flintfields Horse Park at 6535 Bates Road, Williamsburg. It's about 20 minutes from Traverse City.
More: Traverse City Horse Shows bring Olympians to Michigan, dollars to area

#traverse #sept

Britain's Gemma Stevens won the Burghley Horse Trials for the first time on Sunday, the biggest victory of her career on her 31st attempt at five-star level.
The 41-year-old Olympian, riding Chilli Knight, cemented victory in executing a faultless showjumping round to finish on her dressage score of 29.6 - the only rider in the field to do so.
Compatriot Katie Magee finished second on Treworra, with USA's Caroline Pamukcu and HSH Blake in third.
"It's only taken me 25 years and finally I've managed to win a big B [Burghley or Badminton]. I couldn't be more proud," Stevens said.
Stevens, who first competed at the level in 2007, previously rode Chilli Knight's mother, King's Gem.

#burghley #level

Despite getting the win against New Mexico State in Week 0, the Florida State Seminoles are looking to play better against the SMU Mustangs. For their second game of the 2026 season, they are jumping right into ACC play against the Mustangs.
Florida State and the Mustangs first met in 2024. In the last game, SMU crushed FSU, 42-16. With guys like Kevin Jennings under center for the Mustangs, they have a great opportunity to take down a struggling FSU and build their resume.
When asked about his thoughts going into SMU week, head coach Mike Norvell praised the Mustangs.
"This is a championship caliber opponent game all, all part of it here to kick off ACC play and very excited for what's in front of us the opportunity that's there coming off the game."
But what do the experts have to say about this game? Find out here ahead of Monday's 7:30 p.m. ET kickoff from Doak Campbell Stadium.

#state #week #here #Mexico

No withdrawal order eliminates RMDs from a traditional IRA. Only Roth conversions, qualified charitable distributions, or never owning one in the first place can genuinely shrink them.
IRMAA surcharges hit Medicare premiums two years after the income that triggers them, jumping joint filers from $203 to $284 monthly by crossing $218,000 MAGI.
Letting an IRA compound untouched through your 60s forces larger RMDs at 73, often pushing retirees into higher brackets and through IRMAA cliffs simultaneously.
Read More: Avoid these 13 retirement mistakes before they derail your future (sponsor)
A $2.1 million nest egg split evenly between a taxable brokerage account and a traditional IRA can throw off a six-figure income. What most retirees miss is that where each holding sits and when each dollar comes out determine whether Medicare surcharges and a swollen required minimum distribution eat that income a decade later.

#medicare #surcharges #retirees #magi

Brasileirão Women's A3 trophy and medals Credits: Luiz Neto / Staff Images / CBF
The biggest edition in the history of the Brasileirão Women's A3 came to an end on Saturday night (5), with Planalto-GO's players and coaching staff celebrating the ******* le won over Juventude-SE at Lourival Batista Stadium in Aracaju. Away from home, the Planaltinas repeated the 1-0 scoreline from the first leg and were crowned champions.
For the first time, the tournament, added to the national calendar in 2022, surpassed the 100-match mark in a single season, jumping from 78 to 126 games. The move was part of the restructuring of the national calendar aimed at promoting and consolidating the sport ahead of the World Cup in Brazil.
The tournament adopted a home-and-away format in the first phase and increased from 11 to 14 dates. In its inaugural edition, in 2022, it was played entirely as a knockout competition. Each team played at least two matches. Now, six fixtures are guaranteed.
Just by taking part in Série A3, all 32 teams qualify for the Women's Copa do Brasil, which automatically guarantees them a fuller calendar and greater competitiveness during the season.

#edition #home #national #season

On August 4, Qualys Inc. (NASDAQ:QLYS) reported second-quarter revenue of $182.2 million, up 11% from a year earlier, and used the moment to raise its own bar for the rest of 2026. A company that was already growing at a healthy clip just told Wall Street it expects to grow even more than it previously promised, and it backed that up with a jump in cash generation that outpaced revenue by a wide margin.
Qualys grew revenue from $164.1 million to $182.2 million year over year, and the profit line grew even faster. GAAP operating income rose 20% to $61.9 million, pushing the operating margin to 34% from 31% a year earlier. Non-GAAP operating income climbed 16% to $81.4 million, a 45% margin compared to 43% in the same period last year. Adjusted EBITDA rose 14% to $83.8 million, a 46% margin. Operating cash flow told the sharpest story of the quarter, jumping 77% to $59.6 million from $33.8 million, which lifted cash flow as a share of revenue to 33% from 21%.
On the back of that quarter, Qualys raised its full-year revenue guidance to a range of $732.0 million to $738.0 million, up from a prior range of $721.0 million to $727.0 million. Full-year non-GAAP earnings per share guidance moved up to $7.74 to $7.88, from $7.44 to $7.65, and GAAP earnings per share guidance rose to $5.76 to $5.90. The company also pointed to expanding platform reach during the quarter, including a FedRAMP High Authorization for its TotalCloud solution, sponsored by the US Drug Enforcement Administration, which brings cloud-native application protection capabilities onto the FedRAMP Marketplace for federal and other regulated customers.
The guidance raise came with a smaller growth number attached. Third quarter revenue guidance of $185.5 million to $187.5 million implies growth of 9% to 10%, down from the 11% Qualys just posted, and the full-year guidance range of 9% to 10% growth points the same direction. The gap between GAAP and non-GAAP results also widened this quarter, with GAAP net income of $52.4 million sitting well below the $69.2 million non-GAAP figure, a distance driven by adjustments that GAAP accounting does not recognize.
Qualys leaned on a busy stretch of announcements to make its case for the next leg of growth, including a Converge partnership tied to cyber insurance discounts, four international ROCon customer conferences, and Frost & Sullivan recognition in cloud and application runtime security. Those are the kinds of announcements that build a longer-term pipeline rather than move the needle immediately, and the guidance itself suggests management is not pricing in an acceleration from here.

#qualys #Margin

On August 5, Clover Health Investments Corp. (NASDAQ:CLOV) reported second-quarter 2026 results that turned a year-ago loss into real profit. GAAP net income came in at $28 million, a $39 million swing from the $10.6 million loss posted in the same quarter last year. Medicare Advantage membership climbed to 157,309, up 48% year over year, and the company raised its full-year guidance across every major line item. For a stock that has spent years chasing profitability, this quarter reads like a turning point.
The headline number is the $28 million in GAAP net income for the quarter, but the six-month picture tells the same story with more weight behind it: $55.3 million in net income through the first half of 2026, compared to an $11.9 million loss over the same stretch last year. Revenue reached $743.2 million in the quarter, up 55.6% year over year, and consolidated gross profit rose 53.6% to $153.0 million. Adjusted EBITDA more than doubled, jumping 139.2% to $40.9 million from $17.1 million a year earlier, which means profitability is scaling faster than revenue itself.
Clover backed those numbers by raising its 2026 outlook on every front. Full-year adjusted EBITDA guidance moved up to $70 million to $85 million from a prior range of $50 million to $70 million, and GAAP net income guidance rose to $20 million to $35 million from $0 million to $20 million. The company also closed the quarter with $443.0 million in cash and investments, up 13.8% year over year, giving it room to keep funding growth. CEO Andrew Toy pointed to the Clover ***** istant platform reaching more physicians and members as the engine behind "better health outcomes" alongside the growth, while Interim CFO Clay Thornton tied the improving cohort economics to the company retaining more of that value under its full-risk model heading into 2027.
The same filing shows that scaling a Medicare Advantage insurer is not cheap. Insurance net medical claims incurred rose 56.1% year over year to $615.4 million, tracking almost in step with revenue growth. The insurance benefits expense ratio, which measures how much of premium revenue goes toward paying medical claims, sat at 87.6% for the quarter, only 80 basis points better than a year ago, and the six-month figure improved by just 20 basis points. That means the cost of caring for members has barely budged as a share of revenue, even as the top line surged.
Spending on overhead grew too. Salaries, benefits, and general and administrative expenses rose 13.3% year over year to $124.4 million, while the adjusted version of that same cost line jumped 35.9% to $112.1 million. And even after the guidance raise, projected full-year GAAP net income of $20 million to $35 million is modest against total revenue guidance of $2.92 billion to $3.00 billion, a thin margin for a business still proving it can convert scale into durable profit.

#quarter #income

On August 5, LTC Properties (NYSE:LTC) reported second-quarter results for the period ended June 30, 2026, and the numbers show a real estate investment trust leaning harder into a strategy it only started a year ago. Total revenue climbed to $98.9 million from $60.2 million a year earlier, and net income available to common stockholders nearly doubled to $29.5 million. Diluted earnings per share rose to $0.56 from $0.32. Alongside the results, the company raised its full-year 2026 investment guidance by 50% at the midpoint, putting more weight behind a business line called SHOP.
LTC increased the midpoint of its 2026 SHOP investment guidance to $900 million, calling that figure a jump of 50% from the previous midpoint. Management now expects $700 million in year-to-date SHOP acquisitions by the end of the third quarter, and projects SHOP will represent 40% of pro forma annualized net operating income by that same point, which the company says is ahead of its own estimates. LTC expects that share to approach 50% by year-end, with a stated pathway toward 75% by the end of 2028.
Since launching the platform in May 2025, LTC has built the SHOP portfolio to 39 communities across 12 operators, 10 of which are new relationships for the company, representing 37% of total gross real estate investments as of July 31, 2026. Second quarter core SHOP NOI came in at $13.3 million. The company closed $171 million in acquisitions during the quarter and expects another $529 million to close in the third quarter, with $208 million of that already done. LTC also raised its full-year diluted earnings per share guidance to $8.08 to $8.10 and expanded its credit facility to $1.1 billion, leaving $648 million in total pro forma liquidity.
Growth this fast comes with a cost that shows up once you move past revenue. Core FFO per diluted share held flat at $0.68, unchanged from a year earlier even though revenue grew 64%. Core FAD per diluted share actually slipped to $0.70 from $0.71. Part of the explanation is share count. Diluted weighted average shares outstanding rose to 52.2 million from 46.0 million, and total shares outstanding climbed to 53.9 million from 46.1 million, dilution that has kept per-share growth well behind the topline.
Expenses grew just as fast as revenue did. Total expenses nearly doubled to $75.5 million from $44.5 million, with senior housing operating expenses, the direct cost of running SHOP, jumping to $42.2 million from $9.4 million as the new segment scaled up. Interest expense rose to $9.5 million from $8.0 million, and $356 million remains drawn on the revolving credit line even after that facility's expansion. SHOP also depends on the 12 third-party operators running those communities day to day, 10 of which have never worked with LTC before, concentrating execution risk in relationships still being tested.

#million #company

CHAPEL HILL — UNC football general manager Michael Lombardi has resigned, the university announced Aug. 3.
"The University will continue its ongoing investigation and will consider all appropriate corrective actions responsive to the information it learns," UNC released in a school-issued statement.
On Friday, July 31, lawyer Tom Mars released a statement in response to the Lombardi situation.
"Michael hasn't been told anything about the nature of UNC's investigation and welcomes the opportunity to clear his name, which has already been sullied by baseless statements and innuendo on social media," Mars wrote.
"He is fully cooperating with UNC and expects the investigation will be swift, thorough, and fair. Michael would ask that people have the decency to let the process run its course before jumping to any conclusions about the nature of the investigation or whether there's any merit to whatever has been alleged."

#university #hill

Progress isn't linear for NFL players. Some enter the league as stars. Many more need time to develop after jumping from the college ranks to test themselves against some of the world's best athletes.
That makes it difficult to tell which talented players are ready to break out and which will leave vast reserves of potential untapped. But every team has at least one candidate ready to take things to the next level and establish themselves. For some, that will be a rookie or two who can handle the leap to playing on Sundays. Others will see veterans emerge from depth roles into surefire starting positions. And some starters will rise to Pro Bowl or All-Pro levels, serving as a foundation for a Super Bowl contender.
Who fits that bill for every team in the NFL? Let's break it down, running through the list in alphabetical order.
Jeremiyah Love is the obvious answer, but Arizona's running back depth may prevent him from having the same kind of impact he had at Notre Dame. The Cardinals' passing defense, however, ranked just 26th in expected points added (EPA) allowed in 2025.
Burke wasn't part of the problem; he worked his way into the starting lineup and recorded a 78.4 passer rating allowed in coverage. If he can showcase steady growth after an overlooked rookie campaign, he could wind up with Pro Bowl hype.

#team #rookie #depth #starting

JOHANNESBURG (AP) — Enos Mafokate, South Africa's first Black show jumping champion and veteran equestrian, has died at the age of 80, his family announced on Thursday.
Mafokate broke racial barriers in a sport that was dominated by white riders during South Africa's decades of apartheid. He was widely known as "Kgosi ya Dipere," a Sesotho language phrase which translates to "King of Horses."
"His journey was shaped by several leading figures in South African equestrian sport who recognised his extraordinary ability and, at critical moments, supported him as he challenged the racial barriers of the time," his family said in statement.
Mafokate started out as a stablehand. He won his first riding competition in 1963 but the country's segregation laws prevented him from taking part in further competitions until 1975.
In 1980, he was the first Black South African man to compete internationally as a show jumper, placing fifth out of 31 riders at the Royal International Horse Show at Wembley.

#south #racial

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When Treasury yields reach multiyear highs, some investors get nervous. Higher bond yields are triggered by lower bond prices, and the effects are felt across the financial spectrum: from investing in stocks and bonds to borrowing costs and savings returns.
Global bond yields are gripping markets, jumping back to their highest level in almost two decades as higher oil prices, inflation fears, and heavy government borrowing continue to add pressure.
Here is how rising Treasury yields could impact your finances, including mortgages, credit cards, and car loans.
The Treasury yield is the return an investor receives for lending money to the government — for example, 4.5% on a 10-year Treasury note.

#prices #disclosure

The monster tackle, the unstoppable dash, the curler into the corner: at FC Bayern there are and have been many players with unique abilities, who give us unforgettable moments. Such as Samuel Kuffour, who particularly shone against international stars. The Ghanaian defender made 277 competitive appearances for the German record champions from 1993 to 2005 and won 17 trophies with the club. Today, 3 September, he celebrates his 50th birthday – we wish him all the best.
Effenberg's strength of nerve to make it 1-1, Kahn's epic saves in the penalty shootout – those scenes from our Champions League triumph against Valencia will be remembered forever by many fans. Samuel Kuffour's contribution to the fourth Champions League ***** le might be less prominent. The Ghanaian centre-back didn't provide an iconic moment at the San Siro on 23 May 2001, but his whole performance over the 120 minutes in the Bayern back three is legendary. Like in all the previous knockout matches, he's on the pitch the whole time and intercepts one attack after the other. He closes the opponents down, throws himself into tackles and aerial duels and cuts out countless ***** . Having nullified Manchester United's Dwight Yorke and Andy Cole in the quarter-finals, and Raúl and Guti of Real Madrid in the semis, now it's John Carew's turn. The burly, 1.96-metre number nine iss barely in the game in the final. For someone of his relatively modest height of 1.78 metres, "Sammy" looks shoulders above. How does he manage to hold his own so well against the stars of his day? What characterises his defending?
Kuffour never shirks a tackle. He seeks them out, defends proactively on the front foot and puts his body on the line in a way that's rarely been seen in FCB history. Even in training, he was no different. "I hated training against him," reveals Giovane Élber, who played with him at Bayern from 1997 to 2003. Of course, this style of play brings with it a certain risk – he holds the record for the most sending-offs in an FCB shirt (eight). But fans and bosses are happy to forgive him for that. "When someone clatters into players like Sammy, then he can also make mistakes," says Uli Hoeneß. Especially since he always manages to focus in the big games.
A key component of Kuffour's game is his impressive athleticism. He has tremendous acceleration and agility, which allow him to hold his own even against technically superior players. Added to this is his exceptional jumping ability, thanks to which he easily holds his own in the air against opponents like Carew. Unsurprisingly, this also allows him to pose a constant goalscoring threat in attack, especially at set pieces. Six of his ten goals for Bayern were scored with his head. However, this does not apply to his most important goal – the winning goal in the Intercontinental Cup final against Boca Juniors in the 109th minute of extra time in November 2001. He scores that one with his right foot amid a scramble in the penalty area.

Bitcoin (BTC) has managed to trim its yearly losses to just 11%, as traders jumped on board once again following the SEC's nod to the industry.
Although the initial euphoria has eased a bit, we still think the market's reaction could have put an end to the top crypto's bearish cycle.
The Treasury Department's decision to inject twice the amount it usually buys back in the bond market also signaled that the Trump administration is committed to pushing ******* et valuations to higher levels, with or without the Fed's support.
However, the rally may have hit a temporary ceiling, as ******* ysts once again see high odds that the U.S. central bank will raise rates in September.
Data from FedWatch shows that the probability of a 25 basis point increase during the next FOMC meeting shifted dramatically, jumping from 40% a week ago to 65% at the time of writing.

#once #Bitcoin #treasury #fedwatch

Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
When Treasury yields reach multiyear highs, some investors get nervous. Higher bond yields are triggered by lower bond prices, and the effects are felt across the financial spectrum: from investing in stocks and bonds to borrowing costs and savings returns.
Global bond yields are gripping markets, jumping back to their highest level in almost two decades as higher oil prices, inflation fears, and heavy government borrowing continue to add pressure.
Here is how rising Treasury yields could impact your finances, including mortgages, credit cards, and car loans.
The Treasury yield is the return an investor receives for lending money to the government — for example, 4.5% on a 10-year Treasury note.

#treasury #yields #disclosure #global

On August 25, The Bank of Nova Scotia (NYSE:BNS) reported third-quarter results that hit a target management had been promising for the medium term, not the near term. Return on equity reached 14.2%, adjusted net income climbed to $2.97 billion, and adjusted earnings per share rose to $2.28 from $1.88 a year earlier, a 21% jump. CEO Scott Thomson signaled that 14% won't be the high-water mark for the bank's returns going forward. With every division growing at once, the quarter reads like a strategy finally clicking into place.
Canadian Banking earned $1.1 billion, up 12% year over year, with return on equity jumping 160 basis points sequentially to 19.4%. That came from a fifth straight quarter of margin expansion, plus commercial loan growth that accelerated to 3% sequentially after 2% the quarter before, with small business lending up 10% year over year. Credit card premium mix rose to 45% of new acquisitions, up from 35% a year ago.
Global Banking and Markets posted its best quarterly net income ever, $647 million, up 37% year over year, helped by a net interest margin that expanded more than 30 basis points and a run of marquee deals, including the two largest debt capital markets issuances ever done in Canada and the country's biggest IPO since 2021. Loans in that segment grew 7% sequentially as the bank reinvests after a period of deliberate optimization.
Global Wealth Management earnings rose 23% to $515 million as the segment posted net sales of $3 billion for the quarter, a Q3 record, while **** ets under management reached $474 billion. Referrals between Canadian Banking and Wealth Management hit $14 billion year to date, with commercial-to-wealth referrals up 33%. International Banking added $725 million, up 6% on a constant dollar basis, with retail loans growing 5% as management leans into primary banking relationships. The bank also logged its tenth straight quarter of positive operating leverage.
The quarter wasn't friction-free. Expenses grew 14% year over year, driven largely by performance-based pay and a 16% increase in technology spending to $1.5 billion. Chief Risk Officer Shannon McGinnis flagged, "We continue to monitor some pockets of weakness, including elevated mortgage delinquencies," even with the retail book carrying an average FICO score of 798. International Banking's provision for credit losses ran at 138 basis points, well above the 42 basis points booked in Canadian Banking, and the segment absorbed an incremental $57 million provision tied to a corporate account in Brazil that management said it continues to work through.

#quarter #billion #points #wealth