1 day ago
Democrats retook power in Washington on Tuesday, flipping key House and Senate seats to command majorities in both chambers of Congress.
The power shift creates a new platform for Democrats to launch investigations of President Trump's economic allies — Elon Musk, to name one — and pass bills that may be unlikely to become law but will mark a sharp change in the political climate for business leaders and economic issues after two years of unified Republican control.
The change also appears set to elevate figures like Democratic Sen. Elizabeth Warren and others to prominent positions with oversight over economic policy.
Read more: What a Democratic sweep means for stocks
Democrats are planning "a shock-and-awe legislative sprint," the New York Times reported, on issues like healthcare subsidies and Trump's tariffs, which could prompt a wave of bills to pass the House but stall against the 60-vote threshold in the Senate. Even in the minority, Senate rules mean Republicans retain the power to stop legislation.
#issues
The power shift creates a new platform for Democrats to launch investigations of President Trump's economic allies — Elon Musk, to name one — and pass bills that may be unlikely to become law but will mark a sharp change in the political climate for business leaders and economic issues after two years of unified Republican control.
The change also appears set to elevate figures like Democratic Sen. Elizabeth Warren and others to prominent positions with oversight over economic policy.
Read more: What a Democratic sweep means for stocks
Democrats are planning "a shock-and-awe legislative sprint," the New York Times reported, on issues like healthcare subsidies and Trump's tariffs, which could prompt a wave of bills to pass the House but stall against the 60-vote threshold in the Senate. Even in the minority, Senate rules mean Republicans retain the power to stop legislation.
#issues
2 days ago
Democrats retook power in Washington on Tuesday, flipping key House and Senate seats to command majorities in both chambers of Congress.
The power shift creates a new platform for Democrats to launch investigations of President Trump's economic allies — Elon Musk, to name one — and pass bills that may be unlikely to become law but will mark a sharp change in the political climate for business leaders and economic issues after two years of unified Republican control.
The change also appears set to elevate figures like Democratic Sen. Elizabeth Warren and others to prominent positions with oversight over economic policy.
Read more: What a Democratic sweep means for stocks
Democrats are planning "a shock-and-awe legislative sprint," the New York Times reported, on issues like healthcare subsidies and Trump's tariffs, which could prompt a wave of bills to pass the House but stall against the 60-vote threshold in the Senate. Even in the minority, Senate rules mean Republicans retain the power to stop legislation.
#senate #change
The power shift creates a new platform for Democrats to launch investigations of President Trump's economic allies — Elon Musk, to name one — and pass bills that may be unlikely to become law but will mark a sharp change in the political climate for business leaders and economic issues after two years of unified Republican control.
The change also appears set to elevate figures like Democratic Sen. Elizabeth Warren and others to prominent positions with oversight over economic policy.
Read more: What a Democratic sweep means for stocks
Democrats are planning "a shock-and-awe legislative sprint," the New York Times reported, on issues like healthcare subsidies and Trump's tariffs, which could prompt a wave of bills to pass the House but stall against the 60-vote threshold in the Senate. Even in the minority, Senate rules mean Republicans retain the power to stop legislation.
#senate #change
11 days ago
Rapper Nicki Minaj publicly endorsed US President Donald Trump at a Republican campaign rally in Port Huron, Michigan, on Sunday, 25 October, ahead of the November midterm elections. After travelling aboard Air Force One, the Trinidadian-born artist joined him on stage, telling the crowd "We love Trump" and promising to support him "forever".
Nicki Minaj's increasingly public support for Donald Trump represents a notable political shift for a rapper whose provocative performances and **** ually explicit lyrics have often sparked controversy.
In 2020, she had criticised his administration's strict immigration policies, particularly the separation of children from their parents at the US border. More recently, however, she has appeared at events **** ociated with his presidency.
The Michigan rally also featured renewed attacks by Trump against Abdul El-Sayed, the Democratic candidate for the US Senate. The president questioned El-Sayed's loyalty to the United States, allegations the former public health official has repeatedly rejected.
Trump's remarks came as Republicans campaigned ahead of the midterms, with Minaj's appearance adding a prominent celebrity endorsement to the event. A video shared by White House communications director Steven Cheung also showed the rapper joking about becoming the administration's press secretary.
#Trump #nicki
Nicki Minaj's increasingly public support for Donald Trump represents a notable political shift for a rapper whose provocative performances and **** ually explicit lyrics have often sparked controversy.
In 2020, she had criticised his administration's strict immigration policies, particularly the separation of children from their parents at the US border. More recently, however, she has appeared at events **** ociated with his presidency.
The Michigan rally also featured renewed attacks by Trump against Abdul El-Sayed, the Democratic candidate for the US Senate. The president questioned El-Sayed's loyalty to the United States, allegations the former public health official has repeatedly rejected.
Trump's remarks came as Republicans campaigned ahead of the midterms, with Minaj's appearance adding a prominent celebrity endorsement to the event. A video shared by White House communications director Steven Cheung also showed the rapper joking about becoming the administration's press secretary.
#Trump #nicki
18 days ago
Liverpool are still trying to figure things out under Andoni Iraola.
The first couple of months under the Spaniard have shown promising glimpses of what could be at Anfield, but the side lacks consistency and still looks some way off competing on all fronts.
Several issues still plague the squad, but two of the most prominent have come in the midfield and on the right wing.
The Reds midfield has lacked balance this campaign and has often been the weakest area on the pitch, whilst the right side of the attack is left with no natural option following the departure of Mohamed Salah.
Luckily, there is one man who could fix both problems for Liverpool.
#spaniard
The first couple of months under the Spaniard have shown promising glimpses of what could be at Anfield, but the side lacks consistency and still looks some way off competing on all fronts.
Several issues still plague the squad, but two of the most prominent have come in the midfield and on the right wing.
The Reds midfield has lacked balance this campaign and has often been the weakest area on the pitch, whilst the right side of the attack is left with no natural option following the departure of Mohamed Salah.
Luckily, there is one man who could fix both problems for Liverpool.
#spaniard
18 days ago
Growing security concerns in the Middle East have cast doubt over several major combat sports events scheduled in the region. Recent missile and drone attacks targeting critical infrastructure in Saudi Arabia, including Riyadh's King Khalid International Airport, have raised questions about whether upcoming sporting events can proceed as planned.
According to DW News, Ansar Allah, the Yemeni movement commonly known as the Houthis, has repeatedly targeted Riyadh airport. The report cited an October 10 attack that killed 12 people and injured around 300, adding to concerns about security in the region.
The uncertainty has also put the UFC's rumored December 5 Fight Night in the spotlight. The card is expected to feature Israel Adesanya against Shara Magomedov, but speculation has emerged that the event could be canceled or moved elsewhere. Dana White, however, has offered a different outlook, suggesting the UFC is still moving ahead with its plans for the Middle East.
The December 5 card is not the only UFC event attracting attention amid the regional tensions. UFC 333 is scheduled for October 24 in Abu Dhabi, where Alexander Volkanovski is set to defend his featherweight **** le against Movsar Evloev.
Boxing has also been caught up in the uncertainty. Canelo Alvarez's planned October 31, 2026, fight against Christian Mbilli in Riyadh could face complications, with prominent boxing figures, including WBC champion Sebastian Fundora, voicing concerns about security following the airport attacks.
#concerns
According to DW News, Ansar Allah, the Yemeni movement commonly known as the Houthis, has repeatedly targeted Riyadh airport. The report cited an October 10 attack that killed 12 people and injured around 300, adding to concerns about security in the region.
The uncertainty has also put the UFC's rumored December 5 Fight Night in the spotlight. The card is expected to feature Israel Adesanya against Shara Magomedov, but speculation has emerged that the event could be canceled or moved elsewhere. Dana White, however, has offered a different outlook, suggesting the UFC is still moving ahead with its plans for the Middle East.
The December 5 card is not the only UFC event attracting attention amid the regional tensions. UFC 333 is scheduled for October 24 in Abu Dhabi, where Alexander Volkanovski is set to defend his featherweight **** le against Movsar Evloev.
Boxing has also been caught up in the uncertainty. Canelo Alvarez's planned October 31, 2026, fight against Christian Mbilli in Riyadh could face complications, with prominent boxing figures, including WBC champion Sebastian Fundora, voicing concerns about security following the airport attacks.
#concerns
29 days ago
Veteran Indian actor Nana Patekar, known for his intense performances and distinct dialogue delivery, has died at the age of 75 in Goa, his son Malhar told BBC Marathi.
One of the most recognisable faces of Indian cinema, Patekar won three National Film Awards and became known for playing complex, often volatile characters. He was also a prominent figure in Marathi language cinema and theatre.
He was rushed to hospital after being found unconscious at his home in Goa in the early hours of Thursday.
"Despite 45 minutes of continuous CPR, he could not be revived," Dr Shekhar Salkar of Manipal Hospital in Goa told ANI news agency.
On Thursday, Prime Minister Narendra Modi led tributes to the actor, praising Patekar's versatility and outspoken personality.
#hospital #cinema
One of the most recognisable faces of Indian cinema, Patekar won three National Film Awards and became known for playing complex, often volatile characters. He was also a prominent figure in Marathi language cinema and theatre.
He was rushed to hospital after being found unconscious at his home in Goa in the early hours of Thursday.
"Despite 45 minutes of continuous CPR, he could not be revived," Dr Shekhar Salkar of Manipal Hospital in Goa told ANI news agency.
On Thursday, Prime Minister Narendra Modi led tributes to the actor, praising Patekar's versatility and outspoken personality.
#hospital #cinema
30 days ago
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U.S. Treasury Secretary Scott Bessent isn't known for holding back at the podium. His remarks have made headlines, and some economists seem to have had enough.
Nobel Prize-winning economist Paul Krugman argued (1) on Substack that Bessent's recent comments evoke another fiery speaker, former Iraqi Minister of Foreign Affairs Muhammad Saeed Al-Sahhaf — known more prominently in the West as "Baghdad Bob."
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
A single line on your car insurance policy could be inflating your premium by up to 30% — here's what to change
#scott
U.S. Treasury Secretary Scott Bessent isn't known for holding back at the podium. His remarks have made headlines, and some economists seem to have had enough.
Nobel Prize-winning economist Paul Krugman argued (1) on Substack that Bessent's recent comments evoke another fiery speaker, former Iraqi Minister of Foreign Affairs Muhammad Saeed Al-Sahhaf — known more prominently in the West as "Baghdad Bob."
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
A single line on your car insurance policy could be inflating your premium by up to 30% — here's what to change
#scott
1 month ago
LONDON, Oct 5 (Reuters) - Jeffrey Archer, the best-selling British novelist and former politician who was jailed for lying in a high-profile libel case, has died aged 86, his publisher HarperCollins said on Monday.
Archer sold over 300 million copies worldwide and was known for pacy thrillers like his 1976 debut "Not a Penny More, Not a Penny Less" and "Kane & Abel", with his final novel Adam and Eve due to be published this month.
He was also a prominent Conservative politician, who briefly served as a lawmaker before becoming a senior party official under prime minister Margaret Thatcher in the mid-1980s.
But Archer suffered a very public downfall when he was convicted of perjury and perverting the course of justice in 2001, being sentenced to four years' imprisonment.
Kate Elton, HarperCollins' UK CEO and Archer's editor, said in a statement: "We're all devastated to have lost a writer who has brought joy to generations of readers - and a true friend."
#archer #harpercollins #london #jeffrey
Archer sold over 300 million copies worldwide and was known for pacy thrillers like his 1976 debut "Not a Penny More, Not a Penny Less" and "Kane & Abel", with his final novel Adam and Eve due to be published this month.
He was also a prominent Conservative politician, who briefly served as a lawmaker before becoming a senior party official under prime minister Margaret Thatcher in the mid-1980s.
But Archer suffered a very public downfall when he was convicted of perjury and perverting the course of justice in 2001, being sentenced to four years' imprisonment.
Kate Elton, HarperCollins' UK CEO and Archer's editor, said in a statement: "We're all devastated to have lost a writer who has brought joy to generations of readers - and a true friend."
#archer #harpercollins #london #jeffrey
1 month ago
Karoline Leavitt, the former Trump administration press secretary who spent much of her time chastising and denigrating the journalists who asked her questions, is joining one of the outlets that made some of the queries.
Leavitt will join Fox News Channel as a contributor, the network said Monday. Leavitt follows a well-trod path that has been walked on previously by people like Kayleigh McEnany, a former press secretary who also works for the Fox Corp.-backed media outlet, and Larry Kudrow, a former financial official who is a prominent host at Fox Business Network.
More from Variety
Billy Bush to Join Fox News as Contributor
Maria Bartiromo Out at Fox News, Fox Business
#former
Leavitt will join Fox News Channel as a contributor, the network said Monday. Leavitt follows a well-trod path that has been walked on previously by people like Kayleigh McEnany, a former press secretary who also works for the Fox Corp.-backed media outlet, and Larry Kudrow, a former financial official who is a prominent host at Fox Business Network.
More from Variety
Billy Bush to Join Fox News as Contributor
Maria Bartiromo Out at Fox News, Fox Business
#former
1 month ago
Tate McRae traded stagewear for a softer kind of drama at Schiaparelli, arriving at the fashion house's Spring/Summer 2027 show in Paris in a sweeping champagne-toned satin look.
The 23-year-old singer attended the October 1 presentation in a deeply plunging blazer paired with a matching floor-length slip skirt. Her hair was worn long and loose, while the styling remained relatively spare, allowing the reflective fabric and dramatic neckline to carry most of the look.
CNN Style identified the outfit as a champagne blazer and coordinating slip skirt, clearing up a detail that was easy to miss from photographs because the uninterrupted satin silhouette could initially read as a gown. McRae joined other music figures at the Schiaparelli presentation, including Peggy Gou and JT.
The front-row appearance came during an unusually significant day for McRae away from the concert stage. October 1 also marked the official launch of TATE 01, her debut fragrance and first major move into the beauty business, putting a new entrepreneurial project alongside one of her most prominent Paris Fashion Week appearances.
From a distance, the fluid line of McRae's outfit made the satin ensemble resemble a single dress. CNN Style's Paris Fashion Week coverage, however, described it as a plunging champagne blazer worn with a matching slip skirt.
#champagne #slip #skirt #tate
The 23-year-old singer attended the October 1 presentation in a deeply plunging blazer paired with a matching floor-length slip skirt. Her hair was worn long and loose, while the styling remained relatively spare, allowing the reflective fabric and dramatic neckline to carry most of the look.
CNN Style identified the outfit as a champagne blazer and coordinating slip skirt, clearing up a detail that was easy to miss from photographs because the uninterrupted satin silhouette could initially read as a gown. McRae joined other music figures at the Schiaparelli presentation, including Peggy Gou and JT.
The front-row appearance came during an unusually significant day for McRae away from the concert stage. October 1 also marked the official launch of TATE 01, her debut fragrance and first major move into the beauty business, putting a new entrepreneurial project alongside one of her most prominent Paris Fashion Week appearances.
From a distance, the fluid line of McRae's outfit made the satin ensemble resemble a single dress. CNN Style's Paris Fashion Week coverage, however, described it as a plunging champagne blazer worn with a matching slip skirt.
#champagne #slip #skirt #tate
2 months ago
Uber Technologies Inc. (NYSE:UBER) has secured Madrid as the fourth city covered by its partnership with WeRide, bringing Spain into its rapidly expanding autonomous vehicle network. The company's broader AV strategy covers more than 30 partners, while Uber expects to commit more than $10 billion across AV investments, infrastructure, and vehicle offtake over the coming years. At the center of that strategy is Uber's decision not to build self-driving technology itself. Instead, the company wants to become the indispensable demand layer for whichever AV providers ultimately emerge as winners. Yet the diversification strategy is facing pressure in key areas. One of its most prominent AV partners is pulling back, while another remains under an active safety investigation.
Uber, WeRide, and AVOMO have secured Spain's first national permit covering level 4 autonomous passenger vehicles. The permit was issued by Spain's Directorate General of Traffic and allows the companies to begin deployment preparations on public roads in Madrid. Under the permit, WeRide can test its GXR vehicles and conduct roadmapping throughout Madrid in preparation for a commercial launch planned for year-end. The rollout will begin with 20 vehicles, each supervised by an in-car specialist, operating across high-demand areas of Greater Madrid. Madrid becomes the fourth city included in the Uber-WeRide partnership, which plans to reach 15 cities globally by 2030. The expansion also fits Uber's broader ******* et-light AV strategy, which includes more than 30 partnerships while Uber expects to commit over $10 billion across AV investments, infrastructure, and vehicle offtake over the coming years.
The diversification of Uber's AV network does not eliminate risks from individual partners. Uber and Waymo confirmed in late June that their Phoenix partnership had ended, while Waymo is reportedly considering a broader exit from its relationship with Uber. This comes even as Uber executives have publicly criticized Waymo's model while investing substantial capital in competing fleets. Avride is facing a separate challenge, with the NHTSA investigating the Uber AV partner after multiple crashes. At the same time, Tesla is ramping up its own Cybercab fleet, while Waymo has raised $16 billion to accelerate its independent growth. Together, these moves could reduce Waymo's reliance on Uber while increasing competitive pressure on Uber's AV platform.
#madrid #waymo
Uber, WeRide, and AVOMO have secured Spain's first national permit covering level 4 autonomous passenger vehicles. The permit was issued by Spain's Directorate General of Traffic and allows the companies to begin deployment preparations on public roads in Madrid. Under the permit, WeRide can test its GXR vehicles and conduct roadmapping throughout Madrid in preparation for a commercial launch planned for year-end. The rollout will begin with 20 vehicles, each supervised by an in-car specialist, operating across high-demand areas of Greater Madrid. Madrid becomes the fourth city included in the Uber-WeRide partnership, which plans to reach 15 cities globally by 2030. The expansion also fits Uber's broader ******* et-light AV strategy, which includes more than 30 partnerships while Uber expects to commit over $10 billion across AV investments, infrastructure, and vehicle offtake over the coming years.
The diversification of Uber's AV network does not eliminate risks from individual partners. Uber and Waymo confirmed in late June that their Phoenix partnership had ended, while Waymo is reportedly considering a broader exit from its relationship with Uber. This comes even as Uber executives have publicly criticized Waymo's model while investing substantial capital in competing fleets. Avride is facing a separate challenge, with the NHTSA investigating the Uber AV partner after multiple crashes. At the same time, Tesla is ramping up its own Cybercab fleet, while Waymo has raised $16 billion to accelerate its independent growth. Together, these moves could reduce Waymo's reliance on Uber while increasing competitive pressure on Uber's AV platform.
#madrid #waymo
2 months ago
Wolfe Research upgraded two prominent pharmaceutical companies to Outperform on August 13. The firm upgraded both Biogen Inc. (NASDAQ:BIIB) and AbbVie Inc. (NYSE:ABBV)'s ratings from Peer Perform, with Wolfe ***** igning them similar $300 price targets. The firm's logic in each case was based on a comparable set of factors: pipelines that the market appears to undervalue, and valuations that Wolfe believes are too low given each company's growth track.
Wolfe's thesis for Biogen Inc. (NASDAQ:BIIB) is mainly based on late-stage clinical programs, which it believes the stock has yet to reflect. The firm focused on two experimental therapies in particular, both of which have key late-stage clinical readouts expected over the coming year: litifilimab, which Wolfe believes could be the first biologic approved for cutaneous lupus erythematosus, and felzartamab, which the firm claims represents a bigger commercial opportunity in antibody-mediated transplant rejection than Wall Street currently thinks.
Wolfe also cited Biogen's acquisition of Apellis Pharmaceuticals as strengthening its near-term revenue base through the FDA-approved drugs Empaveli and Syfovre. That move is part of an overall pattern of Biogen Inc. (NASDAQ:BIIB) diversifying beyond its core neurology brand, with the company completing its acquisition of RayThera on August 6, adding another early-stage immunology platform to its pipeline.
Wolfe's Biogen Inc. (NASDAQ:BIIB) thesis is incomplete without valuation. The firm believes the stock is trading at a discount to the broader market, despite the company's development on Leqembi, its Alzheimer's medication, and what Wolfe described as solid commercial execution overall.
AbbVie's upgrade is based on a slightly different premise: patent strength and cash generation rather than simple clinical events. Wolfe stated that AbbVie's 2027 earnings multiple of 14.6x seemed too low for a company that forecasts high-single-digit revenue growth for the rest of the decade. AbbVie's patent position, according to Wolfe, sets the company apart from its competitors in a way that the market has yet to completely price in.
#wolfe #firm #market #clinical
Wolfe's thesis for Biogen Inc. (NASDAQ:BIIB) is mainly based on late-stage clinical programs, which it believes the stock has yet to reflect. The firm focused on two experimental therapies in particular, both of which have key late-stage clinical readouts expected over the coming year: litifilimab, which Wolfe believes could be the first biologic approved for cutaneous lupus erythematosus, and felzartamab, which the firm claims represents a bigger commercial opportunity in antibody-mediated transplant rejection than Wall Street currently thinks.
Wolfe also cited Biogen's acquisition of Apellis Pharmaceuticals as strengthening its near-term revenue base through the FDA-approved drugs Empaveli and Syfovre. That move is part of an overall pattern of Biogen Inc. (NASDAQ:BIIB) diversifying beyond its core neurology brand, with the company completing its acquisition of RayThera on August 6, adding another early-stage immunology platform to its pipeline.
Wolfe's Biogen Inc. (NASDAQ:BIIB) thesis is incomplete without valuation. The firm believes the stock is trading at a discount to the broader market, despite the company's development on Leqembi, its Alzheimer's medication, and what Wolfe described as solid commercial execution overall.
AbbVie's upgrade is based on a slightly different premise: patent strength and cash generation rather than simple clinical events. Wolfe stated that AbbVie's 2027 earnings multiple of 14.6x seemed too low for a company that forecasts high-single-digit revenue growth for the rest of the decade. AbbVie's patent position, according to Wolfe, sets the company apart from its competitors in a way that the market has yet to completely price in.
#wolfe #firm #market #clinical
2 months ago
As markets anxiously await the outcome of the current FOMC meeting, Treasury yields notched new 19-year highs in trading Tuesday. The closely watched 10-year surpassed 5.0% Tuesday morning in a high not seen since July 2007. Even the 30-year Treasury yield rose sharply, hitting 5.4%, its highest since June 2007.
In addition to worries over persistent, rising core inflation (one of the Fed's preferred inflation measurements), skyrocketing oil prices and shortages create further pressure on Treasuries. Currently, the rolling one-month correlation between the 10-year Treasury yield and front-month WTI (West Texas Intermediate) crude sits at 0.96 per BMO Capital Markets ****** ysis.
Bond yields and oil prices have moved in tandem for much of this year as investors position for the longer-term inflationary impact of higher oil prices. And with major oil execs sounding the alarm on global supply cache shortages and strategic reserves depletion that help to temporarily soften spiking oil prices for consumers, these pricing pressures are likely to continue in the near-term. Saudi Arabia announced the closure of its East-West pipeline that bypassed the Strait of Hormuz after it came under attack late last week, and cancelled some shipments to Europe, reported Reuters.
"Normally, the relationship isn't as clean as it is now, but the geopolitical drivers behind the price of oil and global inflation are so prominent that the normally modest correlation has become much tighter," Steve Sosnick, Chief Strategist, Interactive Brokers told CNBC. "As long as oil prices remain firm and continue to drift higher, this will add pressure to interest rates."
As macro uncertainty continues and inflation persists, bonds and oil/energy will be categories to keep a weather eye towards and could see renewed ETF investor attention. Currently, investors are seizing the opportunity in longer-term bonds, with $9.7 billion flowing into the iShares 20+ Year Treasury Bond ETF (TLT) in the last three months though the fund is only up $3.4 billion net YTD according to FactSet data. It will be a category likely to see action in the wake of the FOMC rate decision. As bond yields climb, prices fall as they move inverse to each other, and should yields climb higher, investors may choose to scoop up longer duration bonds at depreciated prices for future gains. However, an exodus is more likely until the path of rate hikes becomes more certain.
#treasury #longer #higher
In addition to worries over persistent, rising core inflation (one of the Fed's preferred inflation measurements), skyrocketing oil prices and shortages create further pressure on Treasuries. Currently, the rolling one-month correlation between the 10-year Treasury yield and front-month WTI (West Texas Intermediate) crude sits at 0.96 per BMO Capital Markets ****** ysis.
Bond yields and oil prices have moved in tandem for much of this year as investors position for the longer-term inflationary impact of higher oil prices. And with major oil execs sounding the alarm on global supply cache shortages and strategic reserves depletion that help to temporarily soften spiking oil prices for consumers, these pricing pressures are likely to continue in the near-term. Saudi Arabia announced the closure of its East-West pipeline that bypassed the Strait of Hormuz after it came under attack late last week, and cancelled some shipments to Europe, reported Reuters.
"Normally, the relationship isn't as clean as it is now, but the geopolitical drivers behind the price of oil and global inflation are so prominent that the normally modest correlation has become much tighter," Steve Sosnick, Chief Strategist, Interactive Brokers told CNBC. "As long as oil prices remain firm and continue to drift higher, this will add pressure to interest rates."
As macro uncertainty continues and inflation persists, bonds and oil/energy will be categories to keep a weather eye towards and could see renewed ETF investor attention. Currently, investors are seizing the opportunity in longer-term bonds, with $9.7 billion flowing into the iShares 20+ Year Treasury Bond ETF (TLT) in the last three months though the fund is only up $3.4 billion net YTD according to FactSet data. It will be a category likely to see action in the wake of the FOMC rate decision. As bond yields climb, prices fall as they move inverse to each other, and should yields climb higher, investors may choose to scoop up longer duration bonds at depreciated prices for future gains. However, an exodus is more likely until the path of rate hikes becomes more certain.
#treasury #longer #higher
2 months ago
I don't make the news, I just report it, albeit through a lens biased by 40 years of charting.
So when I look at what's happening with the S&P 500 Utilities Sector SPDR (XLU), the most prominent ETF devoted to the utilities sector, I simply translate what I see.
Goldman Sachs Expects Fed Chair Kevin Warsh to Raise Rates This Week — But Not Because of Oil Prices.
Billionaire Charlie Munger, Who Died at 99, Skipped Insurance on His Mansion Since He Could Just Write a Check to Rebuild — 'All Intelligent People Do It My Way'
The EV Bubble Has Burst. How to Play Rivian Stock Now.
#spdr #sachs #expects #chair
So when I look at what's happening with the S&P 500 Utilities Sector SPDR (XLU), the most prominent ETF devoted to the utilities sector, I simply translate what I see.
Goldman Sachs Expects Fed Chair Kevin Warsh to Raise Rates This Week — But Not Because of Oil Prices.
Billionaire Charlie Munger, Who Died at 99, Skipped Insurance on His Mansion Since He Could Just Write a Check to Rebuild — 'All Intelligent People Do It My Way'
The EV Bubble Has Burst. How to Play Rivian Stock Now.
#spdr #sachs #expects #chair
2 months ago
Palantir Technologies (PLTR) and Nebius Group (NBIS) have joined forces in a partnership that directly supports both companies' growth stories. Palantir gets a compute partner that can support its push into sovereign AI, while Nebius gains access to a prominent enterprise distribution channel through Palantir. That makes the deal appear straightforward and mutually beneficial on paper. Still, both stocks face growing investor skepticism. Palantir's valuation remains a major point of debate among investors, and Nebius still needs to show that its capital-heavy build-out will eventually lead to durable profitability.
Palantir has designated Nebius as its preferred sovereign AI infrastructure partner. The company plans to integrate Nebius' compute and inference endpoints into the Palantir enterprise perimeter following an integration period. The partnership will allow eligible Palantir customers to use Nebius' infrastructure while maintaining control over their own compute, models, and data. The companies will also collaborate to expand compute capacity more quickly, including through modular data center builds at sites with available power.
Goldman Sachs Expects Fed Chair Kevin Warsh to Raise Rates This Week — But Not Because of Oil Prices.
Billionaire Charlie Munger, Who Died at 99, Skipped Insurance on His Mansion Since He Could Just Write a Check to Rebuild — 'All Intelligent People Do It My Way'
The EV Bubble Has Burst. How to Play Rivian Stock Now.
#palantir #compute #still
Palantir has designated Nebius as its preferred sovereign AI infrastructure partner. The company plans to integrate Nebius' compute and inference endpoints into the Palantir enterprise perimeter following an integration period. The partnership will allow eligible Palantir customers to use Nebius' infrastructure while maintaining control over their own compute, models, and data. The companies will also collaborate to expand compute capacity more quickly, including through modular data center builds at sites with available power.
Goldman Sachs Expects Fed Chair Kevin Warsh to Raise Rates This Week — But Not Because of Oil Prices.
Billionaire Charlie Munger, Who Died at 99, Skipped Insurance on His Mansion Since He Could Just Write a Check to Rebuild — 'All Intelligent People Do It My Way'
The EV Bubble Has Burst. How to Play Rivian Stock Now.
#palantir #compute #still
2 months ago
GameStop (GME) is a Grapevine, Texas-based specialty retailer operating stores and e-commerce platforms under the GameStop, EB Games, and Micromania banners across the U.S., Canada, Australia, and Europe. Once known primarily as a video game and electronics retailer, GameStop has diversified aggressively under Executive Chairman Ryan Cohen, expanding into collectibles, trading cards, pop culture merchandise, and even cryptocurrency and equity investments. The company has become a prominent "meme stock," attracting substantial retail investor attention while pursuing an unconventional capital allocation strategy that includes bitcoin holdings and a sizable equity stake in eBay (EBAY), positioning GameStop as much an investment vehicle as a traditional retailer.
GameStop stock recently traded around $21.15, near the bottom of its 52-week range of $17.79 to $28.10 and below its 200-day moving average. Shares have pulled back significantly from their 2025 meme-stock highs, weighed down by declining video game sales, ongoing store closures, and investor skepticism toward the company's diversification into digital ***** ets and equity investments. The stock did see brief bursts of retail-trader enthusiasm this year, including renewed meme-stock speculation tied to its proposed eBay acquisition, though shares have remained volatile and range-bound as GameStop's core retail business continues shrinking alongside its growing collectibles and investment segments.
Goldman Sachs Expects Fed Chair Kevin Warsh to Raise Rates This Week — But Not Because of Oil Prices.
Morgan Stanley Doubles Down on Apple Stock as New Offerings Become 'More Exciting'
The EV Bubble Has Burst. How to Play Rivian Stock Now.
#shares
GameStop stock recently traded around $21.15, near the bottom of its 52-week range of $17.79 to $28.10 and below its 200-day moving average. Shares have pulled back significantly from their 2025 meme-stock highs, weighed down by declining video game sales, ongoing store closures, and investor skepticism toward the company's diversification into digital ***** ets and equity investments. The stock did see brief bursts of retail-trader enthusiasm this year, including renewed meme-stock speculation tied to its proposed eBay acquisition, though shares have remained volatile and range-bound as GameStop's core retail business continues shrinking alongside its growing collectibles and investment segments.
Goldman Sachs Expects Fed Chair Kevin Warsh to Raise Rates This Week — But Not Because of Oil Prices.
Morgan Stanley Doubles Down on Apple Stock as New Offerings Become 'More Exciting'
The EV Bubble Has Burst. How to Play Rivian Stock Now.
#shares
2 months ago
Choosing between a clean energy innovator and a traditional oil giant reflects a core tension in today's market. Investors must decide if Bloom Energy (NYSE:BE) or Diamondback Energy (NASDAQ:FANG) is the better buy.
Bloom Energy manufactures solid oxide fuel cells that provide reliable onsite power, targeting the surging demand from artificial intelligence infrastructure. Diamondback Energy focuses on extracting oil and gas from the Permian Basin, prioritizing operational efficiency and shareholder returns. While both operate in the energy **** e, their business models, risk profiles, and valuation metrics differ significantly for 2026 investors.
Bloom Energy serves as a prominent player among renewable energy stocks, focusing on solid oxide technology for onsite electricity and hydrogen production. The company targets large-load customers in the data center, semiconductor, and industrial sectors where power reliability is critical. Key partnerships include an agreement with American Electric Power (NASDAQ:AEP) to provide up to one gigawatt of fuel cells and a financing framework worth nearly $5.0 billion with Brookfield (NYSE:BN).
In FY 2025, Bloom Energy reported revenue of approximately $2.0 billion, which represents a growth rate of roughly 37.3% compared to the prior year. Despite this robust top-line performance, the company reported a net loss of nearly $88.4 million for the same period. This loss widened from a net loss of approximately $29.2 million in FY 2024, although the net margin of negative 4.4% in FY 2025 was a significant improvement over the negative 22.7% margin seen in FY 2023.
As of its December 2025 balance sheet, Bloom Energy holds a debt-to-equity ratio of 3.9x. This ratio measures total debt against shareholder equity, indicating the company relies moderately on borrowed funds to fuel its expansion. The current ratio, which measures a company's ability to cover short-term debts with its short-term **** ets, stands at a strong 6.0x. For FY 2025, free cash flow reached close to $57.2 million, which is the cash remaining after paying for operating costs and equipment investments.
#bloom #million
Bloom Energy manufactures solid oxide fuel cells that provide reliable onsite power, targeting the surging demand from artificial intelligence infrastructure. Diamondback Energy focuses on extracting oil and gas from the Permian Basin, prioritizing operational efficiency and shareholder returns. While both operate in the energy **** e, their business models, risk profiles, and valuation metrics differ significantly for 2026 investors.
Bloom Energy serves as a prominent player among renewable energy stocks, focusing on solid oxide technology for onsite electricity and hydrogen production. The company targets large-load customers in the data center, semiconductor, and industrial sectors where power reliability is critical. Key partnerships include an agreement with American Electric Power (NASDAQ:AEP) to provide up to one gigawatt of fuel cells and a financing framework worth nearly $5.0 billion with Brookfield (NYSE:BN).
In FY 2025, Bloom Energy reported revenue of approximately $2.0 billion, which represents a growth rate of roughly 37.3% compared to the prior year. Despite this robust top-line performance, the company reported a net loss of nearly $88.4 million for the same period. This loss widened from a net loss of approximately $29.2 million in FY 2024, although the net margin of negative 4.4% in FY 2025 was a significant improvement over the negative 22.7% margin seen in FY 2023.
As of its December 2025 balance sheet, Bloom Energy holds a debt-to-equity ratio of 3.9x. This ratio measures total debt against shareholder equity, indicating the company relies moderately on borrowed funds to fuel its expansion. The current ratio, which measures a company's ability to cover short-term debts with its short-term **** ets, stands at a strong 6.0x. For FY 2025, free cash flow reached close to $57.2 million, which is the cash remaining after paying for operating costs and equipment investments.
#bloom #million
2 months ago
GameStop (GME) is a Grapevine, Texas-based specialty retailer operating stores and e-commerce platforms under the GameStop, EB Games, and Micromania banners across the U.S., Canada, Australia, and Europe. Once known primarily as a video game and electronics retailer, GameStop has diversified aggressively under Executive Chairman Ryan Cohen, expanding into collectibles, trading cards, pop culture merchandise, and even cryptocurrency and equity investments. The company has become a prominent "meme stock," attracting substantial retail investor attention while pursuing an unconventional capital allocation strategy that includes bitcoin holdings and a sizable equity stake in eBay (EBAY), positioning GameStop as much an investment vehicle as a traditional retailer.
GameStop stock recently traded around $21.15, near the bottom of its 52-week range of $17.79 to $28.10 and below its 200-day moving average. Shares have pulled back significantly from their 2025 meme-stock highs, weighed down by declining video game sales, ongoing store closures, and investor skepticism toward the company's diversification into digital **** ets and equity investments. The stock did see brief bursts of retail-trader enthusiasm this year, including renewed meme-stock speculation tied to its proposed eBay acquisition, though shares have remained volatile and range-bound as GameStop's core retail business continues shrinking alongside its growing collectibles and investment segments.
Goldman Sachs Expects Fed Chair Kevin Warsh to Raise Rates This Week — But Not Because of Oil Prices.
Morgan Stanley Doubles Down on Apple Stock as New Offerings Become 'More Exciting'
The EV Bubble Has Burst. How to Play Rivian Stock Now.
#Equity
GameStop stock recently traded around $21.15, near the bottom of its 52-week range of $17.79 to $28.10 and below its 200-day moving average. Shares have pulled back significantly from their 2025 meme-stock highs, weighed down by declining video game sales, ongoing store closures, and investor skepticism toward the company's diversification into digital **** ets and equity investments. The stock did see brief bursts of retail-trader enthusiasm this year, including renewed meme-stock speculation tied to its proposed eBay acquisition, though shares have remained volatile and range-bound as GameStop's core retail business continues shrinking alongside its growing collectibles and investment segments.
Goldman Sachs Expects Fed Chair Kevin Warsh to Raise Rates This Week — But Not Because of Oil Prices.
Morgan Stanley Doubles Down on Apple Stock as New Offerings Become 'More Exciting'
The EV Bubble Has Burst. How to Play Rivian Stock Now.
#Equity
2 months ago
Six Anthropic cofounders made their debut on the Forbes 400 list of America's wealthiest people on Tuesday, with a combined net worth of $93 billion. Daniela Amodei, Dario Amodei, Tom Brown, Jack Clark, Jared Kaplan, and Sam McCandlish are each worth an estimated $15.5 billion, according to Forbes.
The six cofounders left OpenAI in 2021 to found Anthropic and have built the company into a significant competitor in the artificial intelligence industry, partly through the popularity of its Claude chatbot. Their fortunes rose in May, when Anthropic closed a funding round that more than doubled the estimated value of their individual stakes of roughly 1.6% each, according to Forbes. A seventh cofounder holds Canadian citizenship and does not appear on the list.
The Anthropic group ranked among the most prominent of 34 first-time entrants to this year's Forbes 400, which set a record minimum net worth of $4.4 billion, up from $3.8 billion in 2025. America's 400 wealthiest people are collectively worth $8 trillion, up from $6.6 trillion a year ago. The 34 newcomers account for $321 billion of that total.
The AI sector drove the largest share of new entrants, with 15 of the 34 newcomers drawing their wealth from the industry. OpenAI cofounder Greg Brockman topped the new members, debuting at No. 45 overall with an estimated $25.5 billion fortune. Robotics entrepreneur Brett Adcock ranked second among newcomers with an estimated $23.4 billion net worth, while investor Antonio Gracias, an early backer of multiple Elon Musk companies, placed third at $17.1 billion.
The Anthropic cofounders' arrival on the list follows a period of rapid growth at the company. Anthropic posted $11.6 billion in revenue in the second quarter, surpassing OpenAI's $6.7 billion for the same period — the first time Anthropic had led its rival on that measure. Anthropic also recorded a small adjusted operating profit of $559 million in the quarter, according to Forbes.
#estimated
The six cofounders left OpenAI in 2021 to found Anthropic and have built the company into a significant competitor in the artificial intelligence industry, partly through the popularity of its Claude chatbot. Their fortunes rose in May, when Anthropic closed a funding round that more than doubled the estimated value of their individual stakes of roughly 1.6% each, according to Forbes. A seventh cofounder holds Canadian citizenship and does not appear on the list.
The Anthropic group ranked among the most prominent of 34 first-time entrants to this year's Forbes 400, which set a record minimum net worth of $4.4 billion, up from $3.8 billion in 2025. America's 400 wealthiest people are collectively worth $8 trillion, up from $6.6 trillion a year ago. The 34 newcomers account for $321 billion of that total.
The AI sector drove the largest share of new entrants, with 15 of the 34 newcomers drawing their wealth from the industry. OpenAI cofounder Greg Brockman topped the new members, debuting at No. 45 overall with an estimated $25.5 billion fortune. Robotics entrepreneur Brett Adcock ranked second among newcomers with an estimated $23.4 billion net worth, while investor Antonio Gracias, an early backer of multiple Elon Musk companies, placed third at $17.1 billion.
The Anthropic cofounders' arrival on the list follows a period of rapid growth at the company. Anthropic posted $11.6 billion in revenue in the second quarter, surpassing OpenAI's $6.7 billion for the same period — the first time Anthropic had led its rival on that measure. Anthropic also recorded a small adjusted operating profit of $559 million in the quarter, according to Forbes.
#estimated
2 months ago
The college football world watched one specific matchup in Week 2 that had been circled on the calendar since last year. Ohio State and Texas had a score to settle after the Buckeyes embarrassed the Longhorns in last season's College Football Playoff. Texas got its revenge with a thrilling, historic comeback that helped this highly anticipated contest live up to the hype.
However, just as notable was the behavior of Texas head coach Steve Sarkisian after the game.
Following Texas' dramatic victory, ESPN's Holly Rowe approached Sarkisian for an instant reaction interview. Sarkisian, however, blew off Rowe and walked away from the interview.
MORE: Steve Sarkisian sends defiant message after leading Texas past Ohio State in historic stunner
Two prominent ESPN ****** ysts, Stephen A. Smith and Paul Finebaum, ripped Sarkisian for treating one of the best sideline reporters in the business that way. Stephen A. Smith addressed the situation on First Take.
#Football
However, just as notable was the behavior of Texas head coach Steve Sarkisian after the game.
Following Texas' dramatic victory, ESPN's Holly Rowe approached Sarkisian for an instant reaction interview. Sarkisian, however, blew off Rowe and walked away from the interview.
MORE: Steve Sarkisian sends defiant message after leading Texas past Ohio State in historic stunner
Two prominent ESPN ****** ysts, Stephen A. Smith and Paul Finebaum, ripped Sarkisian for treating one of the best sideline reporters in the business that way. Stephen A. Smith addressed the situation on First Take.
#Football
2 months ago
We've already seen what Ayo Edebiri has delivered at the Toronto International Film Festival, but she isn't the only Chanel ambassador in town. Lily-Rose Depp, Penélope Cruz and Margaret Qualley have also been representing the house across premieres, dinners and the TIFF Tribute Awards.
Courtesy of Chanel
This mini tweed Chanel dress couldn't be more Lily-Rose Depp coded. The fitted silhouette, contrast trim and prominent double-C logo all sit firmly within her usual Chanel vocabulary, but the red earrings give the black-and-white look the pop of colour it needed. It's familiar territory for Lily-Rose, and it always works so well.
Rodin Eckenroth/EveryStory2026/Getty Images
This pale-yellow Chanel Fall 2026 dress does feel like a step outside Lily-Rose's comfort zone, both in terms of style and colour. That quintessentially French-girl quality we've long ****** ociated with her Chanel wardrobe isn't as apparent in Matthieu Blazy's designs, which is allowing us to see another side of her style.
#isn 't #edebiri
Courtesy of Chanel
This mini tweed Chanel dress couldn't be more Lily-Rose Depp coded. The fitted silhouette, contrast trim and prominent double-C logo all sit firmly within her usual Chanel vocabulary, but the red earrings give the black-and-white look the pop of colour it needed. It's familiar territory for Lily-Rose, and it always works so well.
Rodin Eckenroth/EveryStory2026/Getty Images
This pale-yellow Chanel Fall 2026 dress does feel like a step outside Lily-Rose's comfort zone, both in terms of style and colour. That quintessentially French-girl quality we've long ****** ociated with her Chanel wardrobe isn't as apparent in Matthieu Blazy's designs, which is allowing us to see another side of her style.
#isn 't #edebiri
2 months ago
Shares of Okta (NASDAQ: OKTA) charged out of the gate Monday, gaining as much as 11.8%. As of 11:32 a.m. ET, the stock was still up 11.2%.
The catalyst that sent the cybersecurity specialist higher was the calls by prominent industry insiders for a slowdown in artificial intelligence (AI) development.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
In a treatise released over the weekend, Anthropic CEO Dario Amodei called for a slowdown in the pace of AI development. He said that "like many technologies before it, AI brings risks, and because it is such a powerful technology, these risks are serious." Amodei's concerns included the" risk of losing control of AI systems, misuse for cyberattacks and bioterrorism, and serious economic disruption." He pointed to the high-profile hack of Hugging Face by OpenAI models as evidence of the need for caution.
Other chief executives joined the chorus, including ******* e Exploration Technologies, aka ******* eX, CEO Elon Musk, who said in a post on X, "Dario is right." OpenAI CEO Sam Altman also sided with Amodei, who inked his own essay, calling for "consistent rules to manage frontier (model) risk." He stopped short of calling for a moratorium, saying slowing the pace of AI development does "not mean stopping."
#NVIDIA #flashing
The catalyst that sent the cybersecurity specialist higher was the calls by prominent industry insiders for a slowdown in artificial intelligence (AI) development.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
In a treatise released over the weekend, Anthropic CEO Dario Amodei called for a slowdown in the pace of AI development. He said that "like many technologies before it, AI brings risks, and because it is such a powerful technology, these risks are serious." Amodei's concerns included the" risk of losing control of AI systems, misuse for cyberattacks and bioterrorism, and serious economic disruption." He pointed to the high-profile hack of Hugging Face by OpenAI models as evidence of the need for caution.
Other chief executives joined the chorus, including ******* e Exploration Technologies, aka ******* eX, CEO Elon Musk, who said in a post on X, "Dario is right." OpenAI CEO Sam Altman also sided with Amodei, who inked his own essay, calling for "consistent rules to manage frontier (model) risk." He stopped short of calling for a moratorium, saying slowing the pace of AI development does "not mean stopping."
#NVIDIA #flashing
2 months ago
Our ****** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Europe's AI winners spent Monday discovering how quickly momentum can work in reverse, as investors dumped the semiconductor companies most exposed to the infrastructure boom behind increasingly powerful models.
ASML lost more than 5% while French semiconductor-materials specialist Soitec fell roughly 13%, showing that the same AI exposure that had recently justified higher forecasts and valuations can become painful when investors start questioning the pace of future spending.
The sell-off followed calls from some of the most prominent figures in artificial intelligence for a more cautious pace of frontier-model development, with concerns focused on the risks created as systems become more autonomous and capable.
That was enough to trigger a global unwind in the companies most closely ****** ociated with AI infrastructure. In Europe, ASML fell about 5.2%, ASM International dropped 8.7%, Infineon lost 7.6% and Soitec was the worst performer in the Stoxx 600 with a decline of roughly 12.6%.
#asml #investors #semiconductor #fell
Europe's AI winners spent Monday discovering how quickly momentum can work in reverse, as investors dumped the semiconductor companies most exposed to the infrastructure boom behind increasingly powerful models.
ASML lost more than 5% while French semiconductor-materials specialist Soitec fell roughly 13%, showing that the same AI exposure that had recently justified higher forecasts and valuations can become painful when investors start questioning the pace of future spending.
The sell-off followed calls from some of the most prominent figures in artificial intelligence for a more cautious pace of frontier-model development, with concerns focused on the risks created as systems become more autonomous and capable.
That was enough to trigger a global unwind in the companies most closely ****** ociated with AI infrastructure. In Europe, ASML fell about 5.2%, ASM International dropped 8.7%, Infineon lost 7.6% and Soitec was the worst performer in the Stoxx 600 with a decline of roughly 12.6%.
#asml #investors #semiconductor #fell
2 months ago
September 14, 2010: Security workers reportedly stop Apple CEO Steve Jobs at **** an's Kansai International Airport. The reason? Jobs supposedly tried to bring ninja throwing stars onto his private plane while heading home from vacation. The "Steve Jobs ninja stars" story quickly becomes one of the most bizarre Apple stories ever.
The company, however, quickly spoils the internet's fun. Cupertino issues a statement describing the reports as "pure fiction" (although Apple acknowledges that Jobs visited **** an over the summer).
Few Steve Jobs stories sound more perfectly tailored to his larger-than-life persona than the tale of him being stopped at a **** anese airport with ninja throwing stars in his luggage. The problem: Apple said it never happened. Still, the story endured — perhaps because a notoriously intense, famously unconventional CEO carrying ninja weapons just feels like the kind of thing people want to believe.
Both Bloomberg and **** anese tabloid magazine Spa! covered the story prominently. Authorities stopped Jobs during a security scan at Kansai International Airport, the reports said, after detecting the ninja weapons in his carry-on luggage.
The stories cited unidentified airport officials and sources within **** an's transportation ministry. An airport spokesperson confirmed that the incident took place, but stopped short of identifying the individual involved.
#stars
The company, however, quickly spoils the internet's fun. Cupertino issues a statement describing the reports as "pure fiction" (although Apple acknowledges that Jobs visited **** an over the summer).
Few Steve Jobs stories sound more perfectly tailored to his larger-than-life persona than the tale of him being stopped at a **** anese airport with ninja throwing stars in his luggage. The problem: Apple said it never happened. Still, the story endured — perhaps because a notoriously intense, famously unconventional CEO carrying ninja weapons just feels like the kind of thing people want to believe.
Both Bloomberg and **** anese tabloid magazine Spa! covered the story prominently. Authorities stopped Jobs during a security scan at Kansai International Airport, the reports said, after detecting the ninja weapons in his carry-on luggage.
The stories cited unidentified airport officials and sources within **** an's transportation ministry. An airport spokesperson confirmed that the incident took place, but stopped short of identifying the individual involved.
#stars
2 months ago
Florida State Athletics has moved on from Athletic Director Michael Alford after four years leading the program, and the news has taken the Seminoles fanbase by surprise.
While Alford's dismissal itself isn't a surprise given the recent underperformance of the Seminoles football program under head coach Mike Norvell, the timing of the firing was a shock. His firing was announced Monday morning, and it comes the week of FSU's trip to face No. 10 Alabama, a game of significance for the future of Norvell.
Alford's tenure included significant accomplishments across FSU athletics and several marquee coaching hires. Yet the struggles of the football program under Norvell since 2024, an 8-18 record, have overshadowed much of that success, emerging as the most prominent challenge of his time as athletics director.
He also faced scrutiny regarding the department's handling of Name, Image, and Likeness (NIL) and roster funding, particularly in football, and the department's massive debt.
(Current Record 1-1, 0-1 ACC)
#record #surprise
While Alford's dismissal itself isn't a surprise given the recent underperformance of the Seminoles football program under head coach Mike Norvell, the timing of the firing was a shock. His firing was announced Monday morning, and it comes the week of FSU's trip to face No. 10 Alabama, a game of significance for the future of Norvell.
Alford's tenure included significant accomplishments across FSU athletics and several marquee coaching hires. Yet the struggles of the football program under Norvell since 2024, an 8-18 record, have overshadowed much of that success, emerging as the most prominent challenge of his time as athletics director.
He also faced scrutiny regarding the department's handling of Name, Image, and Likeness (NIL) and roster funding, particularly in football, and the department's massive debt.
(Current Record 1-1, 0-1 ACC)
#record #surprise
2 months ago
The economy, inflation and how those forces could impact the lives of Americans were front and center over the past week. Trips to the grocery store and gas station are more painful than they were last year, and rising costs are impacting the decisions of both households and businesses.
Here's a snapshot of prominent economic data and news that occurred over the past week and what it potentially means for you.
U.S. inflation accelerated last month as gas prices spiked in the wake of renewed fighting in the Middle East, underscoring the affordability challenges that are top of mind for many voters as midterm elections near.
The Labor Department said Friday that the consumer price index rose 3.4% last month compared with a year ago, the same as in July. But on a monthly basis, inflation accelerated, as costs jumped 0.4% from July to August, up from an increase of just 0.1% the previous month.
The figures show that inflation remains stubbornly elevated, more than five years after prices first soared as the economy emerged from the COVID pandemic. Persistent inflation has presented a major challenge for the inflation-fighters at the Federal Reserve and has soured many voters on the Trump administration's economic management.
#year
Here's a snapshot of prominent economic data and news that occurred over the past week and what it potentially means for you.
U.S. inflation accelerated last month as gas prices spiked in the wake of renewed fighting in the Middle East, underscoring the affordability challenges that are top of mind for many voters as midterm elections near.
The Labor Department said Friday that the consumer price index rose 3.4% last month compared with a year ago, the same as in July. But on a monthly basis, inflation accelerated, as costs jumped 0.4% from July to August, up from an increase of just 0.1% the previous month.
The figures show that inflation remains stubbornly elevated, more than five years after prices first soared as the economy emerged from the COVID pandemic. Persistent inflation has presented a major challenge for the inflation-fighters at the Federal Reserve and has soured many voters on the Trump administration's economic management.
#year
2 months ago
Sen. Ted Cruz (Texas), a prominent conservative voice in the Senate GOP conference, says he's willing to support President Trump's proposal to give $5,000 dividend payments to U.S. adults provided that they are structured as tax refunds and go to people who work and pay taxes.
Asked about Trump's proposal, Cruz told Fox News's Jesse Watters that his support "depends on how it's structured."
"I would like to see it structured as a tax refund," he said. "I would be all for structuring it as a tax refund."
"But I think we should be incentivizing work. I don't think we should be paying people that are not working," he argued.
Trump unveiled the proposal at the GOP midterm convention in Dallas and has drawn pushback from both Republican moderates and conservatives.
#texas
Asked about Trump's proposal, Cruz told Fox News's Jesse Watters that his support "depends on how it's structured."
"I would like to see it structured as a tax refund," he said. "I would be all for structuring it as a tax refund."
"But I think we should be incentivizing work. I don't think we should be paying people that are not working," he argued.
Trump unveiled the proposal at the GOP midterm convention in Dallas and has drawn pushback from both Republican moderates and conservatives.
#texas
2 months ago
Washington Commanders head coach Dan Quinn is beloved by his players. Whether it was during his time as a position coach, defensive coordinator, or now in his second tenure as an NFL head coach, Quinn is loved and respected across the NFL.
There's a reason why you hear other prominent players on rival teams express their love and respect for Quinn, such as Micah Parsons. Most recently, Quinn has taken a special interest in Washington's first-round pick, linebacker Sonny Styles. During training camp, Quinn referenced a conversation he had with Styles about making mistakes.
"We're chasing hard to have absolute elite execution," Quinn said last month. "I also recognize there are gonna be mistakes, and I want them to happen when you're working right on the edge of something; you're going to make them. I encouraged Sonny just the other day: make them. I want you to test yourself to see: Can I go to that ****** e to get the ball? Can I be in that location? Can I go take my shot? I want them right on the edge, knowing that mistakes are part of it, and then when they happen, that they don't get repeated. And so, that's the execution piece."
Great advice from Quinn to a talented young player adjusting to life in the NFL who may be afraid of making mistakes.
Styles recently shared some notable advice that Quinn gave him.
#want #making
There's a reason why you hear other prominent players on rival teams express their love and respect for Quinn, such as Micah Parsons. Most recently, Quinn has taken a special interest in Washington's first-round pick, linebacker Sonny Styles. During training camp, Quinn referenced a conversation he had with Styles about making mistakes.
"We're chasing hard to have absolute elite execution," Quinn said last month. "I also recognize there are gonna be mistakes, and I want them to happen when you're working right on the edge of something; you're going to make them. I encouraged Sonny just the other day: make them. I want you to test yourself to see: Can I go to that ****** e to get the ball? Can I be in that location? Can I go take my shot? I want them right on the edge, knowing that mistakes are part of it, and then when they happen, that they don't get repeated. And so, that's the execution piece."
Great advice from Quinn to a talented young player adjusting to life in the NFL who may be afraid of making mistakes.
Styles recently shared some notable advice that Quinn gave him.
#want #making
2 months ago
What's done is done. Western Michigan lost, Michigan won, and that's not going to change.
But one prominent WMU alum has floated another way for all parties to rectify the situation, in the wake of Michigan's stunning — and controversial — win over Western Michigan at Michigan Stadium in Ann Arbor last Saturday, Sept. 5.
Jason Babin, who starred at Western Michigan before going on to a long career in the NFL, said on social media this week that Michigan, the Big Ten or the TV networks, or some combination of all three, should actually cut Western Michigan a check. He suggested an "eight-figure" check.
His point: The big boys can afford it, Western Michigan sure could use it (especially in this era of NIL), and it's at least a gesture that would help all parties move on.
"I'm thinking to myself, 'OK, no putting the genie back in the bottle, what could we do to rectify the situation?'" Babin said on X (formerly Twitter) earlier this week, as the reaction to Michigan's last-second, 13-12 victory was still white hot, especially on social media. "Can't change the outcome. Can't say Western's got the win, frickin' Michigan's got the loss. that would look worse than Michigan fans storming the field after the game. The only thing I can think logically that could possibly make the situation relatively better would be an eight-figure check, maybe from the Big Ten, from Michigan, maybe a combination, networks, I don't know, somebody — a financial donation, we could call it.
#michigan #western #check #babin
But one prominent WMU alum has floated another way for all parties to rectify the situation, in the wake of Michigan's stunning — and controversial — win over Western Michigan at Michigan Stadium in Ann Arbor last Saturday, Sept. 5.
Jason Babin, who starred at Western Michigan before going on to a long career in the NFL, said on social media this week that Michigan, the Big Ten or the TV networks, or some combination of all three, should actually cut Western Michigan a check. He suggested an "eight-figure" check.
His point: The big boys can afford it, Western Michigan sure could use it (especially in this era of NIL), and it's at least a gesture that would help all parties move on.
"I'm thinking to myself, 'OK, no putting the genie back in the bottle, what could we do to rectify the situation?'" Babin said on X (formerly Twitter) earlier this week, as the reaction to Michigan's last-second, 13-12 victory was still white hot, especially on social media. "Can't change the outcome. Can't say Western's got the win, frickin' Michigan's got the loss. that would look worse than Michigan fans storming the field after the game. The only thing I can think logically that could possibly make the situation relatively better would be an eight-figure check, maybe from the Big Ten, from Michigan, maybe a combination, networks, I don't know, somebody — a financial donation, we could call it.
#michigan #western #check #babin
2 months ago
Megyn Kelly built her reputation through her prominent career at Fox, and these days, The Megyn Kelly Show and her bold takes continue to draw attention. Recently, another bold take from the journalist made headlines, as she said that Erika Kirk should step away from Turning Point USA.
Recently, the 55-year-old appeared on Piers Morgan Uncensored on YouTube on Thursday, September 10, 2026, during which Megyn Kelly said that she wants Erika Kirk to leave her current leadership role at Turning Point USA.
Kelly said, "I personally would like to see her take some personal time just so she can remove herself from the nonstop battering ram that is heading up a political organization in the United States of America, and allow herself a year to just work on healing."
"Helping her kids heal and herself heal. I don't know what she's going to do, but that's my prayer for her." She added.
As we know, it has been one year since Charlie Kirk was shot and killed. In this context, the journalist wants Erika Kirk to reevaluate her position at her husband's nonprofit organization, Turning Point USA.
#kelly #turning #year
Recently, the 55-year-old appeared on Piers Morgan Uncensored on YouTube on Thursday, September 10, 2026, during which Megyn Kelly said that she wants Erika Kirk to leave her current leadership role at Turning Point USA.
Kelly said, "I personally would like to see her take some personal time just so she can remove herself from the nonstop battering ram that is heading up a political organization in the United States of America, and allow herself a year to just work on healing."
"Helping her kids heal and herself heal. I don't know what she's going to do, but that's my prayer for her." She added.
As we know, it has been one year since Charlie Kirk was shot and killed. In this context, the journalist wants Erika Kirk to reevaluate her position at her husband's nonprofit organization, Turning Point USA.
#kelly #turning #year