5 hours ago
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According to average rates from the Zillow lender marketplace, mortgage rates are lower headed into the weekend.
The current 30-year fixed rate today, Saturday, September 19, 2026, fell by 1 basis point to 7.04%, the 20-year fixed rate fell 10 basis points to 6.82%, and the 5/1 ARM fell by 10 basis points to 7.04%.
Read more: Weekly survey of mortgage lenders with the lowest rates: Breaking the 7% barrier
Here are the current mortgage rates today, Saturday, September 19, 2026, according to the latest Zillow data:
#mortgage #fell #year
According to average rates from the Zillow lender marketplace, mortgage rates are lower headed into the weekend.
The current 30-year fixed rate today, Saturday, September 19, 2026, fell by 1 basis point to 7.04%, the 20-year fixed rate fell 10 basis points to 6.82%, and the 5/1 ARM fell by 10 basis points to 7.04%.
Read more: Weekly survey of mortgage lenders with the lowest rates: Breaking the 7% barrier
Here are the current mortgage rates today, Saturday, September 19, 2026, according to the latest Zillow data:
#mortgage #fell #year
1 day ago
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There's a lot we can't predict, like the outcome of the midterm elections, who will make it to the Super Bowl or whether Taylor Swift was actually hinting at a new album release in that Emmy's sketch. But when it comes to what our retirement looks like, we can certainly try.
Many retirement plans offer predictive tools that can help savers forecast their future balances, retirement readiness, income replacement rates and more. Participants, however, aren't happy with the options: J.D. Power's recent survey of digital experience satisfaction for retirement plans found that predictive tools were the lowest-performing attribute.
"The technology in the 401(k) is seriously behind what people are used to in their consumer life," said Fred Barstein, CEO of The Retirement Advisor University. When the underlying technology structure is old and **** bersome, it's hard for the tools to be as effective as they could be.
Sign up for The Daily Upside at no cost for premium **** ysis on all your favorite stocks.
#tools #sign #upside #like
There's a lot we can't predict, like the outcome of the midterm elections, who will make it to the Super Bowl or whether Taylor Swift was actually hinting at a new album release in that Emmy's sketch. But when it comes to what our retirement looks like, we can certainly try.
Many retirement plans offer predictive tools that can help savers forecast their future balances, retirement readiness, income replacement rates and more. Participants, however, aren't happy with the options: J.D. Power's recent survey of digital experience satisfaction for retirement plans found that predictive tools were the lowest-performing attribute.
"The technology in the 401(k) is seriously behind what people are used to in their consumer life," said Fred Barstein, CEO of The Retirement Advisor University. When the underlying technology structure is old and **** bersome, it's hard for the tools to be as effective as they could be.
Sign up for The Daily Upside at no cost for premium **** ysis on all your favorite stocks.
#tools #sign #upside #like
1 day ago
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U.S. household income rose to a record high in 2025, but gains remained uneven across the income distribution, with higher-income households seeing an increase while the lowest-income group showed no statistically significant change.
The U.S. Census Bureau released its 2025 income, poverty and health insurance findings on Tuesday, showing real median household income increased 2.6% to $87,460, from the 2024 estimate of $85,210. It was the highest level since records began in 1967.
Don't Miss:
Think Your 'Safe' Stocks Protect You? You're Ignoring the Real Growth Triggers — Here's What to Add Now
#real #finance #bureau #don 't
U.S. household income rose to a record high in 2025, but gains remained uneven across the income distribution, with higher-income households seeing an increase while the lowest-income group showed no statistically significant change.
The U.S. Census Bureau released its 2025 income, poverty and health insurance findings on Tuesday, showing real median household income increased 2.6% to $87,460, from the 2024 estimate of $85,210. It was the highest level since records began in 1967.
Don't Miss:
Think Your 'Safe' Stocks Protect You? You're Ignoring the Real Growth Triggers — Here's What to Add Now
#real #finance #bureau #don 't
2 days ago
Generac (GNRC) trades at the highest earnings multiple in its five-company peer group on a trailing basis. Yet it ranks last of the five on revenue growth over the past year, and fourth on operating margin. The case for paying up rests on something the trailing numbers do not show yet: a data center order book that ships mostly in 2027.
How Does The Past Year's Slowest Grower Carry The Highest Multiple?
AZZ trades at 20.0 times earnings, about half of Generac's 39.9. It grew revenue 5.7% over the last twelve months, against 0.6% for Generac. It also runs an operating margin of 16.2%, against Generac's 9.5%.
GNRC
RRX
#highest #past
How Does The Past Year's Slowest Grower Carry The Highest Multiple?
AZZ trades at 20.0 times earnings, about half of Generac's 39.9. It grew revenue 5.7% over the last twelve months, against 0.6% for Generac. It also runs an operating margin of 16.2%, against Generac's 9.5%.
GNRC
RRX
#highest #past
2 days ago
Updated Sept. 17, 2026 4:53 pm ET
Listen
(3 min)
The latest Market Talks covering Financial Services. Exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.
1006 ET – U.S. pending home sales fell 3.5% week-over-week to their lowest level in almost three years, Redfin says. Declining homebuying demand is giving buyers breathing room. It means less competition and more room to negotiate for the house hunters who are still shopping. New listings fell slightly, -0.5%, from a week earlier, but they’re still up 1.5% year-over-year, and there are still hundreds of thousands more home sellers than buyers in the market. More homes on the market equals less pressure on buyers to rush into a decision or pay more than they want. Home-sale prices are holding steady. The median home-sale price rose 2% year-over-year. That stability means prices aren’t soaring, and that sellers aren’t in immediate danger of home values dropping. (chris.wackwsj.com)
#still #fell #means
Listen
(3 min)
The latest Market Talks covering Financial Services. Exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and 16:50 ET.
1006 ET – U.S. pending home sales fell 3.5% week-over-week to their lowest level in almost three years, Redfin says. Declining homebuying demand is giving buyers breathing room. It means less competition and more room to negotiate for the house hunters who are still shopping. New listings fell slightly, -0.5%, from a week earlier, but they’re still up 1.5% year-over-year, and there are still hundreds of thousands more home sellers than buyers in the market. More homes on the market equals less pressure on buyers to rush into a decision or pay more than they want. Home-sale prices are holding steady. The median home-sale price rose 2% year-over-year. That stability means prices aren’t soaring, and that sellers aren’t in immediate danger of home values dropping. (chris.wackwsj.com)
#still #fell #means
2 days ago
Stocks slid Wednesday afternoon after Federal Reserve Chair Kevin Warsh followed the central bank's first rate hike in three years with a press conference that hinted it wouldn't be the last.
The S&P 500 dropped 1%, heading toward its lowest close since July. The Dow Jones Industrial Average fell 1.7%, or more than 700 points, with financial shares leading the decline. The Nasdaq Composite fell 0.8%. The 10-year Treasury yield held near 5% a day after touching its highest level since 2007, and the dollar index climbed 0.6% to its strongest since late July.
Markets had priced in the quarter-point increase itself and initially took it in stride. All three indexes were higher before the 2 p.m. decision. The selling started during the press conference.
Warsh was on a tightrope going in. The question was whether he'd frame the hike as a one-off adjustment—which risked the bond market reading it as too little to deter inflation—or as the start of a longer cycle. He did neither, and instead went in a more hawkish direction. "I would be hard pressed to describe broad financial conditions as restrictive," he said in his opening remarks. "This view was widely shared by the committee, so we removed a dose of accommodation."
That's a new way of describing a rate hike, and one investors aren't used to. Under his predecessor, Jerome Powell, the Fed called policy "modestly restrictive," meaning rates were already high enough to slow the economy. Warsh was saying that at 3.5%–3.75%, they weren't—and by implication, one quarter point may not have gotten them there either. Asked directly, he declined to say whether policy is restrictive now.
#hike #press
The S&P 500 dropped 1%, heading toward its lowest close since July. The Dow Jones Industrial Average fell 1.7%, or more than 700 points, with financial shares leading the decline. The Nasdaq Composite fell 0.8%. The 10-year Treasury yield held near 5% a day after touching its highest level since 2007, and the dollar index climbed 0.6% to its strongest since late July.
Markets had priced in the quarter-point increase itself and initially took it in stride. All three indexes were higher before the 2 p.m. decision. The selling started during the press conference.
Warsh was on a tightrope going in. The question was whether he'd frame the hike as a one-off adjustment—which risked the bond market reading it as too little to deter inflation—or as the start of a longer cycle. He did neither, and instead went in a more hawkish direction. "I would be hard pressed to describe broad financial conditions as restrictive," he said in his opening remarks. "This view was widely shared by the committee, so we removed a dose of accommodation."
That's a new way of describing a rate hike, and one investors aren't used to. Under his predecessor, Jerome Powell, the Fed called policy "modestly restrictive," meaning rates were already high enough to slow the economy. Warsh was saying that at 3.5%–3.75%, they weren't—and by implication, one quarter point may not have gotten them there either. Asked directly, he declined to say whether policy is restrictive now.
#hike #press
2 days ago
While the average personal loan interest rate is 12.44%, borrowers with excellent credit may have access to rates as low as 5.96%.
Credit unions tend to offer the lowest overall borrowing costs, with a national average of 10.64% and a legal rate cap of 18% at federal institutions.
Online fintech lenders advertise competitive rates starting just below 6%, though maximum rates can climb up to 36% or higher.
Commercial banks remain competitive, with an average rate of 12%, but they demand a high credit score and solid work history for approval.
Tracking average personal loan rates can help you benchmark your borrowing costs for major goals like consolidating credit cards, financing home renovations or covering emergencies. Because personal loans offer fixed monthly payments, they are a solid tool for eliminating credit card debt, provided your credit profile qualifies you for the lowest market pricing.
#average #rates #lowest #borrowing
Credit unions tend to offer the lowest overall borrowing costs, with a national average of 10.64% and a legal rate cap of 18% at federal institutions.
Online fintech lenders advertise competitive rates starting just below 6%, though maximum rates can climb up to 36% or higher.
Commercial banks remain competitive, with an average rate of 12%, but they demand a high credit score and solid work history for approval.
Tracking average personal loan rates can help you benchmark your borrowing costs for major goals like consolidating credit cards, financing home renovations or covering emergencies. Because personal loans offer fixed monthly payments, they are a solid tool for eliminating credit card debt, provided your credit profile qualifies you for the lowest market pricing.
#average #rates #lowest #borrowing
2 days ago
GE Aerospace (GE) has more engine work booked than it can currently perform, and that visibility is much of why people own the shares. The option chain does not treat the stock as settled. At about $307, contracts running twelve months out carry a band from near $216.93 to near $434.6, with roughly a two-in-three chance the stock finishes inside it.
Read that band as money. The ceiling near $434.6 sits about 41.5% above today's price, and the floor near $216.93 sits about 29.4% below it. Whatever money you have in GE, the options market prices about $90 of every $307 coming off, or about $128 going on, inside twelve months.
The two distances are not equal. A share price cannot fall below zero while nothing caps the upside, so the ceiling always sits further out than the floor. That is arithmetic rather than a view on GE.
The floor is the half worth sitting with. Near $216.93, it is well below $272.91, the lowest GE has traded in the past 52 weeks. The chain is not forecasting that price. It prices twelve months as long enough to reach it.
A range is only wide relative to something. The stock's realized volatility over the trailing year, meaning how far it has actually moved, was 33.2%, and the options quote 34.6%. The market is charging about what this stock already delivers.
#near #sits #floor #band
Read that band as money. The ceiling near $434.6 sits about 41.5% above today's price, and the floor near $216.93 sits about 29.4% below it. Whatever money you have in GE, the options market prices about $90 of every $307 coming off, or about $128 going on, inside twelve months.
The two distances are not equal. A share price cannot fall below zero while nothing caps the upside, so the ceiling always sits further out than the floor. That is arithmetic rather than a view on GE.
The floor is the half worth sitting with. Near $216.93, it is well below $272.91, the lowest GE has traded in the past 52 weeks. The chain is not forecasting that price. It prices twelve months as long enough to reach it.
A range is only wide relative to something. The stock's realized volatility over the trailing year, meaning how far it has actually moved, was 33.2%, and the options quote 34.6%. The market is charging about what this stock already delivers.
#near #sits #floor #band
3 days ago
This story was originally published on CRE Daily. Join 70,000+ commercial real estate professionals getting daily news, market insights, and industry ***** ysis delivered straight to their inbox with the free CRE Daily newsletter.
Tech leased 1.1 million square feet of New York office ***** e in Q3 so far, surpassing legal to become the market's second-largest leasing sector behind finance.
AI companies are driving roughly 60% of tech leasing this quarter, competing for ***** e as Manhattan office supply hits its lowest point since 2020.
Flatiron remains the top tech submarket, while Hudson Square, the Penn District and Downtown are emerging as alternatives for ***** e-constrained tenants.
New York's tech sector has overtaken legal to become the city's second-largest office sector, trailing only finance, according to a September JLL report cited by GlobeSt.com. Tech tenants have leased 1.1 million square feet across the metro so far in the third quarter, a pace JLL Managing Director Joe Sipala called one of the "busiest summers" for office leasing the brokerage has seen in some time.
#daily #square #sector
Tech leased 1.1 million square feet of New York office ***** e in Q3 so far, surpassing legal to become the market's second-largest leasing sector behind finance.
AI companies are driving roughly 60% of tech leasing this quarter, competing for ***** e as Manhattan office supply hits its lowest point since 2020.
Flatiron remains the top tech submarket, while Hudson Square, the Penn District and Downtown are emerging as alternatives for ***** e-constrained tenants.
New York's tech sector has overtaken legal to become the city's second-largest office sector, trailing only finance, according to a September JLL report cited by GlobeSt.com. Tech tenants have leased 1.1 million square feet across the metro so far in the third quarter, a pace JLL Managing Director Joe Sipala called one of the "busiest summers" for office leasing the brokerage has seen in some time.
#daily #square #sector
3 days ago
US stock index futures pointed to a higher opening on Wednesday as crude oil prices declined and investors awaited the Federal Reserve's interest rate decision later in the day.
The indicated rebound followed two consecutive sessions of losses that pushed the S&P 500 to its lowest closing level in more than a month.
US crude oil futures fell nearly 2% after gaining almost 6% over the previous two days. The decline followed an American Petroleum Institute report showing an unexpected increase of 7.1 million barrels in US crude oil inventories last week.
Trading activity could remain limited ahead of the Federal Reserve's monetary policy announcement.
According to CME Group's FedWatch Tool, market pricing indicated a 92.7% probability of a 25-basis-point interest rate increase. The figure reflects market-implied expectations rather than a confirmed policy decision.
#increase
The indicated rebound followed two consecutive sessions of losses that pushed the S&P 500 to its lowest closing level in more than a month.
US crude oil futures fell nearly 2% after gaining almost 6% over the previous two days. The decline followed an American Petroleum Institute report showing an unexpected increase of 7.1 million barrels in US crude oil inventories last week.
Trading activity could remain limited ahead of the Federal Reserve's monetary policy announcement.
According to CME Group's FedWatch Tool, market pricing indicated a 92.7% probability of a 25-basis-point interest rate increase. The figure reflects market-implied expectations rather than a confirmed policy decision.
#increase
3 days ago
By Anna Szymanski
Sept 16 (Reuters) - An unsettled few days set the scene for the week's main event: the Federal Reserve's policy decision. Markets overwhelmingly expect a quarter-point rate hike, the central bank's first since 2023, against the backdrop of resurgent oil prices and a 10-year Treasury yield that's recently breached the important 5% mark.
A rate increase could put Fed Chair Kevin Warsh on a collision course with the White House, given President Donald Trump's continued preference for easing policy. But given all the economic data supporting calls for a hike, Warsh risks losing credibility if the central bank stays on hold.
Today's decision - and the messaging surrounding it - will be a major test for Warsh. The Fed chair struck a hawkish tone at Jackson Hole last month and, with U.S. inflation still running above target and the unemployment rate still low, policymakers risk undermining their credibility if they don't follow through and lift the benchmark rate to the 3.75%-4.00% range.
That's as Donald Trump continues to push for the U.S. to have the lowest borrowing costs in the world. The U.S. president recently threatened to stop trading with some countries if the Fed does not cut rates, though markets have not taken that threat very seriously.
#rate #markets #president #decision
Sept 16 (Reuters) - An unsettled few days set the scene for the week's main event: the Federal Reserve's policy decision. Markets overwhelmingly expect a quarter-point rate hike, the central bank's first since 2023, against the backdrop of resurgent oil prices and a 10-year Treasury yield that's recently breached the important 5% mark.
A rate increase could put Fed Chair Kevin Warsh on a collision course with the White House, given President Donald Trump's continued preference for easing policy. But given all the economic data supporting calls for a hike, Warsh risks losing credibility if the central bank stays on hold.
Today's decision - and the messaging surrounding it - will be a major test for Warsh. The Fed chair struck a hawkish tone at Jackson Hole last month and, with U.S. inflation still running above target and the unemployment rate still low, policymakers risk undermining their credibility if they don't follow through and lift the benchmark rate to the 3.75%-4.00% range.
That's as Donald Trump continues to push for the U.S. to have the lowest borrowing costs in the world. The U.S. president recently threatened to stop trading with some countries if the Fed does not cut rates, though markets have not taken that threat very seriously.
#rate #markets #president #decision
4 days ago
Bitcoin faced this week's second major Washington catalyst on Sep. 16, with the Federal Reserve hiking the interest rates after the Senate failed to advance the CLARITY Act a day earlier.
The Federal Open Market Committee voted 12-0 to raise the federal funds target range by 25 basis points to 3.75%-4.00%, its first increase since 2023. The Fed said inflation "remains elevated" and that the move would support a timelier return to its 2% target.
The unanimous hike puts the central bank directly at odds with President Donald Trump, who has called for lower borrowing costs and said earlier this month that the U.S. "should be paying the lowest interest rate in the world."
The CLARITY Act, which would establish a federal market structure for digital ****** ets and clarify oversight between the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC), failed to advance Tuesday in a 49-50 Senate cloture vote. It needed 60 votes to proceed.
The Fed decision matters for Bitcoin because higher interest rates increase yields on lower-risk ****** ets and tighten financial conditions, typically creating a tougher environment for speculative ****** ets.
#senate
The Federal Open Market Committee voted 12-0 to raise the federal funds target range by 25 basis points to 3.75%-4.00%, its first increase since 2023. The Fed said inflation "remains elevated" and that the move would support a timelier return to its 2% target.
The unanimous hike puts the central bank directly at odds with President Donald Trump, who has called for lower borrowing costs and said earlier this month that the U.S. "should be paying the lowest interest rate in the world."
The CLARITY Act, which would establish a federal market structure for digital ****** ets and clarify oversight between the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC), failed to advance Tuesday in a 49-50 Senate cloture vote. It needed 60 votes to proceed.
The Fed decision matters for Bitcoin because higher interest rates increase yields on lower-risk ****** ets and tighten financial conditions, typically creating a tougher environment for speculative ****** ets.
#senate
4 days ago
Bitcoin faced this week's second major Washington catalyst on Sep. 16, with the Federal Reserve hiking the interest rates after the Senate failed to advance the CLARITY Act a day earlier.
The Federal Open Market Committee voted 12-0 to raise the federal funds target range by 25 basis points to 3.75%-4.00%, its first increase since 2023. The Fed said inflation "remains elevated" and that the move would support a timelier return to its 2% target.
The unanimous hike puts the central bank directly at odds with President Donald Trump, who has called for lower borrowing costs and said earlier this month that the U.S. "should be paying the lowest interest rate in the world."
The CLARITY Act, which would establish a federal market structure for digital **** ets and clarify oversight between the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC), failed to advance Tuesday in a 49-50 Senate cloture vote. It needed 60 votes to proceed.
The Fed decision matters for Bitcoin because higher interest rates increase yields on lower-risk **** ets and tighten financial conditions, typically creating a tougher environment for speculative **** ets.
#federal #clarity #commission #failed
The Federal Open Market Committee voted 12-0 to raise the federal funds target range by 25 basis points to 3.75%-4.00%, its first increase since 2023. The Fed said inflation "remains elevated" and that the move would support a timelier return to its 2% target.
The unanimous hike puts the central bank directly at odds with President Donald Trump, who has called for lower borrowing costs and said earlier this month that the U.S. "should be paying the lowest interest rate in the world."
The CLARITY Act, which would establish a federal market structure for digital **** ets and clarify oversight between the Securities and Exchange Commission (SEC) and Commodity Futures Trading Commission (CFTC), failed to advance Tuesday in a 49-50 Senate cloture vote. It needed 60 votes to proceed.
The Fed decision matters for Bitcoin because higher interest rates increase yields on lower-risk **** ets and tighten financial conditions, typically creating a tougher environment for speculative **** ets.
#federal #clarity #commission #failed
4 days ago
WASHINGTON, Sept 16 (Reuters) - U.S. homebuilder sentiment dropped to a one-year low in September as rising mortgage rates dampen demand for housing, a survey showed on Wednesday.
The National **** ociation of Home Builders/Wells Fargo Housing Market index fell three points to 32 this month, the lowest reading since September 2025, from 35 in August. The decline also reflected labor shortages amid an immigration crackdown as well as rising costs because of tariffs on imports.
Economists polled by Reuters had forecast the index easing to 34. Sentiment is likely to remain subdued in the months ahead as mortgage rates have been rising in tandem with the 10-year U.S. Treasury yield.
The 30-year fixed mortgage rate averaged 6.76% last week, the highest level in more than a year, up from 6.71% in the prior week, data from mortgage finance firm Freddie Mac showed.
The 10-year government bond yield on Tuesday hit 5.041%, the highest since July 2007, driven in part by expectations that the Federal Reserve would on Wednesday start raising interest rates to quell inflation that is being driven by the U.S.-Israel war with Iran. Longer-dated yields have also risen amid concerns over the nation's ballooning debt.
#housing
The National **** ociation of Home Builders/Wells Fargo Housing Market index fell three points to 32 this month, the lowest reading since September 2025, from 35 in August. The decline also reflected labor shortages amid an immigration crackdown as well as rising costs because of tariffs on imports.
Economists polled by Reuters had forecast the index easing to 34. Sentiment is likely to remain subdued in the months ahead as mortgage rates have been rising in tandem with the 10-year U.S. Treasury yield.
The 30-year fixed mortgage rate averaged 6.76% last week, the highest level in more than a year, up from 6.71% in the prior week, data from mortgage finance firm Freddie Mac showed.
The 10-year government bond yield on Tuesday hit 5.041%, the highest since July 2007, driven in part by expectations that the Federal Reserve would on Wednesday start raising interest rates to quell inflation that is being driven by the U.S.-Israel war with Iran. Longer-dated yields have also risen amid concerns over the nation's ballooning debt.
#housing
6 days ago
By Jason Lange
WASHINGTON, Sept 14 (Reuters) - President Donald Trump's public approval rating rose from a record low, while Americans voiced growing support for Democrats gaining power in the U.S. Congress in a Reuters/Ipsos poll taken in the days after the Republican Party's first-ever midterm convention last week.
The four-day poll showed 63% of Americans - including four in 10 Republicans and nine in 10 Democrats - disapproved of Trump's offer made in his convention speech that he would ensure all Americans get a $5,000 dividend if Republicans retain control of the U.S. Congress in November's midterm elections.
The survey gathered responses from 1,143 Americans nationwide and had a margin of error of 3 percentage points in either direction.
Some 35% of Americans give Trump a thumbs up for his performance in the White House, up from 33% in an August 28 to 31 Reuters/Ipsos poll, the lowest of his political career.
#ipsos #convention
WASHINGTON, Sept 14 (Reuters) - President Donald Trump's public approval rating rose from a record low, while Americans voiced growing support for Democrats gaining power in the U.S. Congress in a Reuters/Ipsos poll taken in the days after the Republican Party's first-ever midterm convention last week.
The four-day poll showed 63% of Americans - including four in 10 Republicans and nine in 10 Democrats - disapproved of Trump's offer made in his convention speech that he would ensure all Americans get a $5,000 dividend if Republicans retain control of the U.S. Congress in November's midterm elections.
The survey gathered responses from 1,143 Americans nationwide and had a margin of error of 3 percentage points in either direction.
Some 35% of Americans give Trump a thumbs up for his performance in the White House, up from 33% in an August 28 to 31 Reuters/Ipsos poll, the lowest of his political career.
#ipsos #convention
6 days ago
CINCINNATI (AP) — Zac Taylor was still pleased on Monday after Cincinnati's 33-27 victory over Tampa Bay.
Yet for as well as the Bengals played in the opener, the eighth-year coach pointed out there was still plenty of room for improvement.
"The objective isn't to be your best team Week 1, it's to be your best team at the end of the season. So I just want to see that process continue to improve for us as we get ready for Houston," he said.
Taylor and the Bengals are also aware that fast starts aren't always an indicator of success, and that things can come undone very quickly. Cincinnati won its first two games last season, but then dropped eight of nine when Joe Burrow suffered a turf toe injury in Week 2.
The defense, which made four huge additions during the offseason, forced four turnovers, generated a 38.9% pressure rate and sacked the Buccaneers' Baker Mayfield four times despite having a blitz rate of 11.1%, tied for second lowest in Week 1.
#bengals #team
Yet for as well as the Bengals played in the opener, the eighth-year coach pointed out there was still plenty of room for improvement.
"The objective isn't to be your best team Week 1, it's to be your best team at the end of the season. So I just want to see that process continue to improve for us as we get ready for Houston," he said.
Taylor and the Bengals are also aware that fast starts aren't always an indicator of success, and that things can come undone very quickly. Cincinnati won its first two games last season, but then dropped eight of nine when Joe Burrow suffered a turf toe injury in Week 2.
The defense, which made four huge additions during the offseason, forced four turnovers, generated a 38.9% pressure rate and sacked the Buccaneers' Baker Mayfield four times despite having a blitz rate of 11.1%, tied for second lowest in Week 1.
#bengals #team
6 days ago
Now that football season has returned, so has the season of tracking the sizes of the TV audiences for football games.
The first of 283 games that count in the 2026 season — a Super Bowl LX rematch between the Patriots and Seahawks — averaged 25.1 million viewers.
The good news is that the season-opening game has exceeded 25 million viewers for four straight years, matching the same run from 2013 through 2016. The bad news is that, via Manny Soloway of Awful Announcing, the number fell 12 percent from last year's 28.3 million who watched the Eagles host the Cowboys, and it was the lowest since 2022.
It's fair to wonder whether the dip had anything to do with the season starting on a Wednesday. The last Wednesday night Week 1 kickoff game happened in 2012, with the Cowboys-Giants game generating 23.9 million viewers. In contrast, the Thursday night opener the prior year, between the Saints and Packers, drew 27.2 million.
That's odd, to say the least. The Cowboys were (and still are) the Cowboys. And the Giants — in the nation's top media market — had just won the Super Bowl. It's lower number than would have been expected, and it could have had something to do with Wednesday vs. Thursday.
#wednesday #viewers #super #thursday
The first of 283 games that count in the 2026 season — a Super Bowl LX rematch between the Patriots and Seahawks — averaged 25.1 million viewers.
The good news is that the season-opening game has exceeded 25 million viewers for four straight years, matching the same run from 2013 through 2016. The bad news is that, via Manny Soloway of Awful Announcing, the number fell 12 percent from last year's 28.3 million who watched the Eagles host the Cowboys, and it was the lowest since 2022.
It's fair to wonder whether the dip had anything to do with the season starting on a Wednesday. The last Wednesday night Week 1 kickoff game happened in 2012, with the Cowboys-Giants game generating 23.9 million viewers. In contrast, the Thursday night opener the prior year, between the Saints and Packers, drew 27.2 million.
That's odd, to say the least. The Cowboys were (and still are) the Cowboys. And the Giants — in the nation's top media market — had just won the Super Bowl. It's lower number than would have been expected, and it could have had something to do with Wednesday vs. Thursday.
#wednesday #viewers #super #thursday
6 days ago
The school year is in full swing in Georgia, and while students may already be counting down the days until next summer break, teachers know there is a long way to go.
There are more than 120,000 educators across the Peach State who have chosen to make education their priority.
But is Georgia a good place to work as a teacher?
According to a new report from WalletHub, Georgia ranks as one of the top states for teachers anywhere in the United States.
"Education remains one of the lowest-paying occupations requiring a bachelor's degree, and teacher salaries have not kept pace with inflation. Adjusted for inflation, on average, teachers are making 5% less than they did 10 years ago," according to the report. "Compensation and working conditions vary widely across the country, with some states offering far stronger support for educators than others."
#teachers #Education
There are more than 120,000 educators across the Peach State who have chosen to make education their priority.
But is Georgia a good place to work as a teacher?
According to a new report from WalletHub, Georgia ranks as one of the top states for teachers anywhere in the United States.
"Education remains one of the lowest-paying occupations requiring a bachelor's degree, and teacher salaries have not kept pace with inflation. Adjusted for inflation, on average, teachers are making 5% less than they did 10 years ago," according to the report. "Compensation and working conditions vary widely across the country, with some states offering far stronger support for educators than others."
#teachers #Education
6 days ago
By Bo Erickson, Padraic Halpin and Conor Humphries
DOONBEG, Ireland, Sept 13 (Reuters) - No country should have lower interest rates than the U.S., President Donald Trump said on Sunday, days before the Federal Reserve's next policy meeting.
Speaking to reporters at the Irish Open golf tournament, Trump said he did not know whether Fed policymakers will raise interest rates at their meeting this week. But he said the U.S. "should be paying the lowest interest rate in the world" no matter what the Federal Reserve's data indicates about inflation and the economy.
The Labor Department's Consumer Price Index, a key measure of underlying inflation, on Friday posted its largest increase in four months. That reinforced expectations that the U.S. central bank will raise the target range for its federal funds rate, now at 3.5% to 3.75%, at the conclusion of its Federal Open Market Committee meeting on Wednesday.
Price pressures remain elevated as the economy deals with Trump's import tax increases and surging energy prices tied to the Iran war. Many at the Fed worry that the longer inflation remains high, the greater the cost will be to get it back to target.
#inflation #price #rate
DOONBEG, Ireland, Sept 13 (Reuters) - No country should have lower interest rates than the U.S., President Donald Trump said on Sunday, days before the Federal Reserve's next policy meeting.
Speaking to reporters at the Irish Open golf tournament, Trump said he did not know whether Fed policymakers will raise interest rates at their meeting this week. But he said the U.S. "should be paying the lowest interest rate in the world" no matter what the Federal Reserve's data indicates about inflation and the economy.
The Labor Department's Consumer Price Index, a key measure of underlying inflation, on Friday posted its largest increase in four months. That reinforced expectations that the U.S. central bank will raise the target range for its federal funds rate, now at 3.5% to 3.75%, at the conclusion of its Federal Open Market Committee meeting on Wednesday.
Price pressures remain elevated as the economy deals with Trump's import tax increases and surging energy prices tied to the Iran war. Many at the Fed worry that the longer inflation remains high, the greater the cost will be to get it back to target.
#inflation #price #rate
6 days ago
At the Solheim Cup, we watched pros do something difficult that a lot of average golfers attempt, too: play team golf. It's different from typical stroke play, or even one-on-one match play events. Pros, like the test of us, usually play their own ball. But in the Netherlands, they had to play with a partner in foursomes and four-ball. It's a serious change from what they're used to.
Making that shift from playing your own ball to playing a team format might be something you struggle with, too. We talked to Megan Johnston, a Golf Digest Best Young Teacher at Big Cedar who played on the Northern Ireland junior team with Solheim Cup standout Leona Maguire, about how average players can more seamlessly make the transition into team play.
"The biggest adjustment for the average golfer is realizing that the goal of the format may not be to shoot your lowest individual score," Johnston explains. "In four-ball, foursomes or a scramble, you're making decisions based on what your team needs. That changes everything—from club selection, to risk management, to how aggressive you should be at the right times."
This is how Johnston says you should think about these two different team formats.
Four-ball
#play #average #pros
Making that shift from playing your own ball to playing a team format might be something you struggle with, too. We talked to Megan Johnston, a Golf Digest Best Young Teacher at Big Cedar who played on the Northern Ireland junior team with Solheim Cup standout Leona Maguire, about how average players can more seamlessly make the transition into team play.
"The biggest adjustment for the average golfer is realizing that the goal of the format may not be to shoot your lowest individual score," Johnston explains. "In four-ball, foursomes or a scramble, you're making decisions based on what your team needs. That changes everything—from club selection, to risk management, to how aggressive you should be at the right times."
This is how Johnston says you should think about these two different team formats.
Four-ball
#play #average #pros
6 days ago
The beginning of the Washington Commanders' season is not for the weak. First, they face division opponents in the first two weeks of the season, and then they play the reigning Super Bowl champion Seattle Seahawks in Week 3. Both games against division opponents are on the road, too, which doesn't help anything.
On Sunday, the Commanders opened their season against the Philadelphia Eagles, and it was a difficult game to watch early on. The Commanders struggled with timing, Jayden Daniels looked uncomfortable, and Terry McLaurin was MIA. Defensively, the secondary led the team in tackles, which is concerning. Rookie Sonny Styles actually led all linebackers with four tackles (three solo), one sack, two tackles for a loss, and one quarterback hit.
They seemed to figure things out near the end of the game, but it was too little, too late, and the Commanders fell 24-22 after failing to convert a two-point attempt to tie the game. Let's take a look at the lowest and highest-graded players from the Commanders' loss, as graded by Pro Football Focus.
WR Antonio Williams (91.0)
QB Jayden Daniels (74.9)
#daniels #loss
On Sunday, the Commanders opened their season against the Philadelphia Eagles, and it was a difficult game to watch early on. The Commanders struggled with timing, Jayden Daniels looked uncomfortable, and Terry McLaurin was MIA. Defensively, the secondary led the team in tackles, which is concerning. Rookie Sonny Styles actually led all linebackers with four tackles (three solo), one sack, two tackles for a loss, and one quarterback hit.
They seemed to figure things out near the end of the game, but it was too little, too late, and the Commanders fell 24-22 after failing to convert a two-point attempt to tie the game. Let's take a look at the lowest and highest-graded players from the Commanders' loss, as graded by Pro Football Focus.
WR Antonio Williams (91.0)
QB Jayden Daniels (74.9)
#daniels #loss
6 days ago
Cavan Sullivan's hot streak comes with one surprising stat as USMNT decision looms originally appeared on The Sporting News. Add The Sporting News as a Preferred Source by clicking here.
Cavan Sullivan is making it harder for Mauricio Pochettino to ignore him.
The 16-year-old scored twice and ****** isted another goal Sunday in the Philadelphia Union's 5-0 win over San Diego FC, recording his first MLS brace and extending his goal-contribution streak to seven matches. Pochettino names his next USMNT roster Thursday.
Sullivan's case is more complicated than the highlights suggest.
A Sept. 8 Guardian ****** ysis of his breakout season put his pass-completion rate at just 65%, among the lowest rates in MLS. Philadelphia, however, play the most direct style in the league, and his number is roughly in line with the team.
#sporting #pochettino
Cavan Sullivan is making it harder for Mauricio Pochettino to ignore him.
The 16-year-old scored twice and ****** isted another goal Sunday in the Philadelphia Union's 5-0 win over San Diego FC, recording his first MLS brace and extending his goal-contribution streak to seven matches. Pochettino names his next USMNT roster Thursday.
Sullivan's case is more complicated than the highlights suggest.
A Sept. 8 Guardian ****** ysis of his breakout season put his pass-completion rate at just 65%, among the lowest rates in MLS. Philadelphia, however, play the most direct style in the league, and his number is roughly in line with the team.
#sporting #pochettino
6 days ago
Lowe's edges out Home Depot as the safer income hold, with a 6.93% FCF yield covering its 2.39% dividend yield by a far wider margin.
Home Depot's Pro contractor pivot drove 1.7% comp sales growth versus Lowe's 0.2%, but its free cash flow still shrank 22% and its payout ratio sits higher.
Lowe's steady raises from $1.05 to $1.25 quarterly signal a longer dividend growth runway than Home Depot's token 1.3% ***** p to $2.33.
Just released. Our ***** ysts combed the entire stock market and named the ten best stocks to buy right now, and Home Depot didn't make the cut. Enter your email to see the names that beat HD. The report is free. Enter your email and see if any of your stocks made the cut.
For an income investor weighing Home Depot (NYSE:HD) against Lowe's (NYSE:LOW), the real question is which dividend holds up better when the housing market stays frozen. Existing home sales sit at 3.98M annualized, the lowest reading in the trailing twelve-month history and inside what the series classifies as the soft range ***** ociated with high mortgage rates. Home Depot's CFO said housing turnover has "never been lower as a percentage of the housing stock". When people stop moving, they stop renovating. That is the identical headwind facing both payouts, and it sharpens the question of which one is actually safer.
#home #depot #Dividend #housing
Home Depot's Pro contractor pivot drove 1.7% comp sales growth versus Lowe's 0.2%, but its free cash flow still shrank 22% and its payout ratio sits higher.
Lowe's steady raises from $1.05 to $1.25 quarterly signal a longer dividend growth runway than Home Depot's token 1.3% ***** p to $2.33.
Just released. Our ***** ysts combed the entire stock market and named the ten best stocks to buy right now, and Home Depot didn't make the cut. Enter your email to see the names that beat HD. The report is free. Enter your email and see if any of your stocks made the cut.
For an income investor weighing Home Depot (NYSE:HD) against Lowe's (NYSE:LOW), the real question is which dividend holds up better when the housing market stays frozen. Existing home sales sit at 3.98M annualized, the lowest reading in the trailing twelve-month history and inside what the series classifies as the soft range ***** ociated with high mortgage rates. Home Depot's CFO said housing turnover has "never been lower as a percentage of the housing stock". When people stop moving, they stop renovating. That is the identical headwind facing both payouts, and it sharpens the question of which one is actually safer.
#home #depot #Dividend #housing
8 days ago
At about $644.38 a share, Meta Platforms (META) stock carries options that price a range from roughly $418 to $993 for about a year out. The floor of that band would take about a third off a position, and the ceiling would add more than half. Wide as it is, the range carries only a normal premium over how much the shares actually moved in the past year.
What Could That Range Do To Your Shares?
On each share, the ceiling is a gain of about $349 and the floor a loss of about $226. The gap is lopsided because a price can rise without limit but cannot fall below zero. The options put roughly a two-in-three chance on the stock finishing between them.
That leaves roughly a 16% chance of finishing above the ceiling and roughly a 16% chance of finishing below the floor. For a holder, the downside tail is the one to sit with: about one-in-six odds of losing more than a third. The floor also sits more than $100 below $525.23, the lowest price of the past 52 weeks. The shares are already down 15.6% over twelve months, against a 17.9% return for the S&P 500, though they have returned 13.0% over the past three months.
Does Meta Stock Usually Move This Much?
#ceiling #past #below
What Could That Range Do To Your Shares?
On each share, the ceiling is a gain of about $349 and the floor a loss of about $226. The gap is lopsided because a price can rise without limit but cannot fall below zero. The options put roughly a two-in-three chance on the stock finishing between them.
That leaves roughly a 16% chance of finishing above the ceiling and roughly a 16% chance of finishing below the floor. For a holder, the downside tail is the one to sit with: about one-in-six odds of losing more than a third. The floor also sits more than $100 below $525.23, the lowest price of the past 52 weeks. The shares are already down 15.6% over twelve months, against a 17.9% return for the S&P 500, though they have returned 13.0% over the past three months.
Does Meta Stock Usually Move This Much?
#ceiling #past #below
8 days ago
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Mortgage rates have been slowly rising over the past seven months, from just below 6% before the Middle East conflict began in late February to near 7% this week (with some surveys reporting rates already above 7%).
However, it's still possible to lock in a rate below the national average. Borrowers need to shop diligently and deploy one or more of the following strategies to earn the lowest mortgage rate possible in the 2026 housing market.
See the average mortgage rate in your state.
Analysis by Yahoo Finance of nearly 5,000 mortgage lenders reporting 2026 loan information under the Home Mortgage Disclosure Act reveals the surprising truth: the lenders offering the absolute lowest mortgage rates. In 2026, the largest national banks, credit unions, and homebuilders that finance their own construction offered the most favorable home loan rates to the widest variety of borrowers.
#rates #finance #reporting
Mortgage rates have been slowly rising over the past seven months, from just below 6% before the Middle East conflict began in late February to near 7% this week (with some surveys reporting rates already above 7%).
However, it's still possible to lock in a rate below the national average. Borrowers need to shop diligently and deploy one or more of the following strategies to earn the lowest mortgage rate possible in the 2026 housing market.
See the average mortgage rate in your state.
Analysis by Yahoo Finance of nearly 5,000 mortgage lenders reporting 2026 loan information under the Home Mortgage Disclosure Act reveals the surprising truth: the lenders offering the absolute lowest mortgage rates. In 2026, the largest national banks, credit unions, and homebuilders that finance their own construction offered the most favorable home loan rates to the widest variety of borrowers.
#rates #finance #reporting
8 days ago
Affordability in a car market usually looks like a math problem. Every so often it turns out to be a permission problem.
Americans have spent four years watching window stickers climb and calling it inflation. The average new vehicle sold for $50,089 in August, the first month of 2026 that the industry average cleared $50,000, according to Kelley Blue Book.
Buyers feel it without reading the data.
"Many American households are under significant financial pressure," said Erin Keating, executive ***** yst at ***** Automotive, in comments published by Kelley Blue Book.
Electric cars sit higher up the ladder. The cheapest new EV on sale in the U.S. starts at $29,990 before destination, a price Nissan (NSANY) called "the lowest starting MSRP for any new EV currently on sale in the U.S.," according to Electrek.
#according
Americans have spent four years watching window stickers climb and calling it inflation. The average new vehicle sold for $50,089 in August, the first month of 2026 that the industry average cleared $50,000, according to Kelley Blue Book.
Buyers feel it without reading the data.
"Many American households are under significant financial pressure," said Erin Keating, executive ***** yst at ***** Automotive, in comments published by Kelley Blue Book.
Electric cars sit higher up the ladder. The cheapest new EV on sale in the U.S. starts at $29,990 before destination, a price Nissan (NSANY) called "the lowest starting MSRP for any new EV currently on sale in the U.S.," according to Electrek.
#according
8 days ago
This one started bowling shoe ugly and ended up Sam the Chinese Crested Dog ugly, with Bradley Hanner proving why he is the definition of the 26th man on a Major League roster. Gerrit Cole gave up more home runs, three of em while not making it out of the fifth inning, but Hanner wasn't any better, allowing two dingers while five men crossed the plate against him. All this is to say the Yankees were kicked around Saturday afternoon, losing 12-2 to the Mets
I don't know what it is about Gerrit Cole. He's always been a little bit homer ***** e, especially since coming to Yankee Stadium. Fastballs in the zone lead to some kinds of nasty contact, but the thing that's really been different about him since returning from Tommy John is how many pitches he's keeping in the zone. He's got the lowest walk rate of his career, and indeed he didn't walk a single batter today. He also has the highest Zone%, or, throws more pitches in the strike zone than any other season of his career.
In his last two starts he's allowed seven home runs. Only three today, though they still counted for four runs like last weekend against the Padres.
Part of this is just random variance, enough monkeys at enough typewriters for long enough. Any time you talk about two games' worth of data, you have to throw up your hands at the universe. He's also been stung by Fernando Tatis Jr., Manny Machado, Jake Cronenworth, Francisco Lindor…guys that have been around the block. Lindor especially looked keyed up to swing in the game's first AB, the first dinger Cole allowed today. Former Baby Bomber Luis Torrens and rookie Carson Benge also homered off Cole to build a 4-0 lead.
View Link
#today #enough #lindor
I don't know what it is about Gerrit Cole. He's always been a little bit homer ***** e, especially since coming to Yankee Stadium. Fastballs in the zone lead to some kinds of nasty contact, but the thing that's really been different about him since returning from Tommy John is how many pitches he's keeping in the zone. He's got the lowest walk rate of his career, and indeed he didn't walk a single batter today. He also has the highest Zone%, or, throws more pitches in the strike zone than any other season of his career.
In his last two starts he's allowed seven home runs. Only three today, though they still counted for four runs like last weekend against the Padres.
Part of this is just random variance, enough monkeys at enough typewriters for long enough. Any time you talk about two games' worth of data, you have to throw up your hands at the universe. He's also been stung by Fernando Tatis Jr., Manny Machado, Jake Cronenworth, Francisco Lindor…guys that have been around the block. Lindor especially looked keyed up to swing in the game's first AB, the first dinger Cole allowed today. Former Baby Bomber Luis Torrens and rookie Carson Benge also homered off Cole to build a 4-0 lead.
View Link
#today #enough #lindor
8 days ago
Metcalf sits 34th among wide receivers in PFN's Week 1 rankings, which is what happens after the worst season of your career. The Falcons allowed seven receivers to clear 20 PPR points last season, so the setup is there, and so is the Michael Pittman theory. I'm going to be a week or two late to this party rather than early.
Let's call a spade a spade: Metcalf is coming off of the worst season of his career. His 850 yards were a new low-water mark and even that was inflated by two games where he had superhero singular plays that lifted his stat line (274 yards in games against the Ravens and Vikings, 576 in his other 13, good for just 44.3 yards per contest).
Aaron Rodgers is back at the helm and the team added Michael Pittman this offseason, a receiver who has effectively made a career off of what the Steelers asked of Metcalf in his first season with the franchise: short targets and hope.
SET YOUR LINEUPS: PFN's Free Fantasy Football Start/Sit Optimizer
Metcalf's 11.3 aDOT was, you guessed it, the lowest of his career, and featured just 24.2% of his looks coming deep downfield (15 or more yards), a rate that stood at 43.5% in 2024 with Seattle.
#season #week #receivers
Let's call a spade a spade: Metcalf is coming off of the worst season of his career. His 850 yards were a new low-water mark and even that was inflated by two games where he had superhero singular plays that lifted his stat line (274 yards in games against the Ravens and Vikings, 576 in his other 13, good for just 44.3 yards per contest).
Aaron Rodgers is back at the helm and the team added Michael Pittman this offseason, a receiver who has effectively made a career off of what the Steelers asked of Metcalf in his first season with the franchise: short targets and hope.
SET YOUR LINEUPS: PFN's Free Fantasy Football Start/Sit Optimizer
Metcalf's 11.3 aDOT was, you guessed it, the lowest of his career, and featured just 24.2% of his looks coming deep downfield (15 or more yards), a rate that stood at 43.5% in 2024 with Seattle.
#season #week #receivers
8 days ago
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Paying off your mortgage used to be something people aspired to. Now, many Americans fantasize about simply getting one.
The National ***** ociation of Realtors said Thursday that US home sales fell 2% month-over-month in August to a 14-month low. The seasonally adjusted annual rate of 3.98 million residences, the lowest since June 2025, was weighed down by stubbornly high mortgage rates and home prices.
Sign up for The Daily Upside at no cost for premium ***** ysis on all your favorite stocks.
READ ALSO: Musk's Boring Company Scores $23 Billion Valuation Despite Slow Progress and Brian Niccol's Two-Year Turnaround Serves Up Sales Growth for Starbucks
#month #sign #sales #paying
Paying off your mortgage used to be something people aspired to. Now, many Americans fantasize about simply getting one.
The National ***** ociation of Realtors said Thursday that US home sales fell 2% month-over-month in August to a 14-month low. The seasonally adjusted annual rate of 3.98 million residences, the lowest since June 2025, was weighed down by stubbornly high mortgage rates and home prices.
Sign up for The Daily Upside at no cost for premium ***** ysis on all your favorite stocks.
READ ALSO: Musk's Boring Company Scores $23 Billion Valuation Despite Slow Progress and Brian Niccol's Two-Year Turnaround Serves Up Sales Growth for Starbucks
#month #sign #sales #paying
9 days ago
Mexico's government is slashing financial ******* istance for the state energy major by as much as 70% despite Pemex's continued struggle to pay down debt and boost production. The decision rests on expectations that the company will benefit from the oil and gas price rally spurred by the U.S. and Israeli war against Iran.
Per a Bloomberg report from this week, the government of Mexico sees Pemex posting a rare cash surplus of some 95 billion pesos, or around $5.63 billion, as a result of the oil price rally. Based on those expectations, the Scheinbaum government stipulated financial help of just 81 billion pesos for the company in next year's budget, equivalent to some $4.8 billion. This was down by 70% from this year.
"We said that by 2027, support for Pemex would be very limited, and that's indeed the case," President Sheinbaum told media this week. "Pemex now receives very little support from the Mexican government, and its own finances will sustain its development."
Mexico's energy major is the most indebted company in the world, with a load of some $105 billion as of mid-2025, of which some $20 billion is in unpaid bills to suppliers. Since then, the company has managed to reduce the debt pile to some $79 billion as of the end of the first quarter of this year. The company said in a news release at the time that this was the lowest its debt has been since 2014.
Meanwhile, however, boosting refining output has turned out to be a challenge, and issues with crude quality—including high water content—have alienated key buyers over the past couple of years. The previous administration of Mexico focused on supporting the company by turning it back into a monopoly on the Mexican energy market. The Scheinbaum government, on the other hand, moved to open up the Mexican oil industry to other players as well, launching a new contract framework for joint ventures, the so-called mixed contracts. In mixed development allocations, Pemex can enter into an agreement with one or more private firms.
#PEMEX #government #scheinbaum #since
Per a Bloomberg report from this week, the government of Mexico sees Pemex posting a rare cash surplus of some 95 billion pesos, or around $5.63 billion, as a result of the oil price rally. Based on those expectations, the Scheinbaum government stipulated financial help of just 81 billion pesos for the company in next year's budget, equivalent to some $4.8 billion. This was down by 70% from this year.
"We said that by 2027, support for Pemex would be very limited, and that's indeed the case," President Sheinbaum told media this week. "Pemex now receives very little support from the Mexican government, and its own finances will sustain its development."
Mexico's energy major is the most indebted company in the world, with a load of some $105 billion as of mid-2025, of which some $20 billion is in unpaid bills to suppliers. Since then, the company has managed to reduce the debt pile to some $79 billion as of the end of the first quarter of this year. The company said in a news release at the time that this was the lowest its debt has been since 2014.
Meanwhile, however, boosting refining output has turned out to be a challenge, and issues with crude quality—including high water content—have alienated key buyers over the past couple of years. The previous administration of Mexico focused on supporting the company by turning it back into a monopoly on the Mexican energy market. The Scheinbaum government, on the other hand, moved to open up the Mexican oil industry to other players as well, launching a new contract framework for joint ventures, the so-called mixed contracts. In mixed development allocations, Pemex can enter into an agreement with one or more private firms.
#PEMEX #government #scheinbaum #since
