10 days ago
Charlie Munger spent half a century lecturing investors on the psychology of their own mistakes. A month before he died, he admitted to one of the most common mistakes. Asked on the Acquired podcast how his investment in Hyundai had worked out, Munger said: "I lost money. Not much because I was stubborn. I held out until it got back to almost where I paid for it and then I sold it."
That sentence describes, almost word for word, the behavior behavioral economists call the disposition effect: the tendency to sell winners too early and hold losers too long, waiting for a stock to return to what you paid before letting it go. Hersh Shefrin and Meir Statman named it in 1985, and Terrance Odean documented it across thousands of retail brokerage accounts in a 1998 Journal of Finance paper. It is the mistake Munger's famous 1995 talk on the psychology of human misjudgment was written to help people avoid. Here he was, at 99, saying he had made it with his own money.
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#asked
That sentence describes, almost word for word, the behavior behavioral economists call the disposition effect: the tendency to sell winners too early and hold losers too long, waiting for a stock to return to what you paid before letting it go. Hersh Shefrin and Meir Statman named it in 1985, and Terrance Odean documented it across thousands of retail brokerage accounts in a 1998 Journal of Finance paper. It is the mistake Munger's famous 1995 talk on the psychology of human misjudgment was written to help people avoid. Here he was, at 99, saying he had made it with his own money.
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'I Still Live A Great Life': Floyd Mayweather Says a Man 'Acting Like He Was A Friend' Stole $200 Million From Him
MRVL Stock Sinks as Marvell Technology Reportedly Considers Acquiring Lumentum
#asked
23 days ago
Modern football is a game of two parts: the first hour or so, dictated by carefully curated gameplans and training ground patterns; and the final half-hour when a flurry of substitutes come on, rigid structures fade away and a match opens at the seams. ***** nal were dire for most of this game at the City Ground, shut out by Nottingham Forest's red wall. But yet again the power of Mikel Arteta's "finishers" decided a match.
Noni Madueke was sent on at half-time for Eberechi Eze, who had been statuesque at his station on the left touchline, which, in fairness, is not his position. With the clock ticking towards 80 minutes, Madueke did what Eze hadn't and drove at Forest's defence before unleashing a shot, which took a fortunate deflection off Jair Cunha on its way past the helpless Matz Sels. It went down as ***** nal's only shot on target, and in truth it might have been curling wide.
This was the third game in a row in which Arteta rang the changes in the second half as his team struggled to click, after Leeds last weekend and Lille in midweek. Once again he made a triple substitution on 65 minutes, sending on Jurrien Timber, Mikel Merino and Viktor Gyokeres, and once again a stubborn defence was worn down in the final stages. No Premier League side has generated more goals and ***** ists from the bench since the start of last season.
Noni Madueke scored the only goal of the game (Reuters)
Forest were excellent in their determination to blunt ***** nal's attack. Like Eze, Kai Havertz and Bukayo Saka had little joy, and Oliver Glasner took positives from a performance of cohesion and spirit. Liam Delap was a brilliant nuisance in attack and could have equalised in the final minutes but for Ezri Konsa's last-ditch block. Murillo nearly scored the goal of the season, dribbling in from the left touchline before curling just over the bar with one of the last kicks. But Forest remain third from bottom after a third successive defeat, and their wait for a first home goal of the season goes on.
#final #minutes #Third
Noni Madueke was sent on at half-time for Eberechi Eze, who had been statuesque at his station on the left touchline, which, in fairness, is not his position. With the clock ticking towards 80 minutes, Madueke did what Eze hadn't and drove at Forest's defence before unleashing a shot, which took a fortunate deflection off Jair Cunha on its way past the helpless Matz Sels. It went down as ***** nal's only shot on target, and in truth it might have been curling wide.
This was the third game in a row in which Arteta rang the changes in the second half as his team struggled to click, after Leeds last weekend and Lille in midweek. Once again he made a triple substitution on 65 minutes, sending on Jurrien Timber, Mikel Merino and Viktor Gyokeres, and once again a stubborn defence was worn down in the final stages. No Premier League side has generated more goals and ***** ists from the bench since the start of last season.
Noni Madueke scored the only goal of the game (Reuters)
Forest were excellent in their determination to blunt ***** nal's attack. Like Eze, Kai Havertz and Bukayo Saka had little joy, and Oliver Glasner took positives from a performance of cohesion and spirit. Liam Delap was a brilliant nuisance in attack and could have equalised in the final minutes but for Ezri Konsa's last-ditch block. Murillo nearly scored the goal of the season, dribbling in from the left touchline before curling just over the bar with one of the last kicks. But Forest remain third from bottom after a third successive defeat, and their wait for a first home goal of the season goes on.
#final #minutes #Third
1 month ago
Despite the S&P 500's (SNPINDEX: ^GSPC) 13.3% gain thus far in 2026, there's still plenty bubbling beneath the surface that could trigger a sharp and sudden market crash. Stubborn inflation, the U.S. national debt sitting above $40 trillion, and fears of an artificial intelligence bubble are just a few concerns.
As one of the most successful investors of all time, Warren Buffett has some sage advice. It's found in the 1996 Berkshire Hathaway shareholder letter, which offered one of the top strategies for handling a market crash. The good news is that it can be followed before a crash even starts.
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 »
It's easy to feel panicked when the market starts tumbling, and making any kind of move, even if it's a knee-jerk reaction, can initially feel better than making no move at all. While that small voice whispering to "sell" may never go away during the initial waves of a market crash, it can be countered by being prepared in advance.
Buffett shared exactly how to counter it. In Berkshire's 1996 shareholder letter, he said, "If you aren't willing to own a stock for ten years, don't even think about owning it for ten minutes."
#crash #NVIDIA #even #shareholder
As one of the most successful investors of all time, Warren Buffett has some sage advice. It's found in the 1996 Berkshire Hathaway shareholder letter, which offered one of the top strategies for handling a market crash. The good news is that it can be followed before a crash even starts.
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 »
It's easy to feel panicked when the market starts tumbling, and making any kind of move, even if it's a knee-jerk reaction, can initially feel better than making no move at all. While that small voice whispering to "sell" may never go away during the initial waves of a market crash, it can be countered by being prepared in advance.
Buffett shared exactly how to counter it. In Berkshire's 1996 shareholder letter, he said, "If you aren't willing to own a stock for ten years, don't even think about owning it for ten minutes."
#crash #NVIDIA #even #shareholder
2 months ago
In the end, Kevin Warsh's Federal Reserve acquitted itself well. For all the uncertainty he had sparked at the previous meeting of the Federal Open Market Committee, when he refused to provide any indication of what he was prepared to do to tame stubborn inflation, the chair on Wednesday presided over a unanimous decision to raise interest rates for the first time in three years.
"Today's action starts to show that we're serious about this," he said at the press conference after the meeting, with "this" meaning inflation in excess of the Fed's 2% target for over five years. Welcome though it was, his embrace of economic orthodoxy nonetheless did little to dispel the Keystone Cops quality of governance in Donald Trump's US.
Warsh's resolve – raising rates just a few weeks before elections that will determine whether Republicans retain control of Congress – appeared even more resolute in the face of a veiled threat from White House economic adviser Kevin Hassett, who pointed out to his chums on Fox that "if you want an independent Fed, then one thing the Fed does is it stays out of the way of elections".
The central bankers' parsimonious comments in the press conference following the meeting made a sharp contrast with the more unhinged commentary from other members of the administration, including the president himself, who earlier this month celebrated the resilience of the labor market with a mind-boggling threat to "STOP TRADING WITH COUNTRIES WITH WHICH WE HAVE A DEFICIT" unless the Fed cut interest rates.
Trump has yet to turn on Warsh in the way he did on his predecessor, Jerome "numbskull" Powell. But the signs are ominous. After the rate hike, Trump went ballistic – spewing more of the random, incoherent thoughts that have become his trademark. "Interest Rates in the United States should be 1%, or less, because we are the Best Credit in the World," he wrote on social media, despite recalcitrant inflation and a budget deficit that is likely to exceed $2tn this year. He again demanded the powers that be to "LOWER THE INTEREST RATES FOR THE UNITED STATES OF AMERICA, AND FAST!"
#rates #federal #states
"Today's action starts to show that we're serious about this," he said at the press conference after the meeting, with "this" meaning inflation in excess of the Fed's 2% target for over five years. Welcome though it was, his embrace of economic orthodoxy nonetheless did little to dispel the Keystone Cops quality of governance in Donald Trump's US.
Warsh's resolve – raising rates just a few weeks before elections that will determine whether Republicans retain control of Congress – appeared even more resolute in the face of a veiled threat from White House economic adviser Kevin Hassett, who pointed out to his chums on Fox that "if you want an independent Fed, then one thing the Fed does is it stays out of the way of elections".
The central bankers' parsimonious comments in the press conference following the meeting made a sharp contrast with the more unhinged commentary from other members of the administration, including the president himself, who earlier this month celebrated the resilience of the labor market with a mind-boggling threat to "STOP TRADING WITH COUNTRIES WITH WHICH WE HAVE A DEFICIT" unless the Fed cut interest rates.
Trump has yet to turn on Warsh in the way he did on his predecessor, Jerome "numbskull" Powell. But the signs are ominous. After the rate hike, Trump went ballistic – spewing more of the random, incoherent thoughts that have become his trademark. "Interest Rates in the United States should be 1%, or less, because we are the Best Credit in the World," he wrote on social media, despite recalcitrant inflation and a budget deficit that is likely to exceed $2tn this year. He again demanded the powers that be to "LOWER THE INTEREST RATES FOR THE UNITED STATES OF AMERICA, AND FAST!"
#rates #federal #states
2 months ago
US stocks were mixed on Friday as investors continued to calibrate to the Federal Reserve's first rate hike in three years and existential fears about artificial intelligence's capabilities.
The tech-heavy Nasdaq Composite (^IXIC) rose 0.4% but ended the week in green. Meanwhile, the S&P 500 (^GSPC) rose 0.2% but eked out a loss for the week. The Dow Jones Industrial Average (^DJI) was down 0.2% and lost more than 1.5% for the week.
The 10-year Treasury yield (^TNX) rose 5 basis points to hover near the 5% level as traders increased bets that the Fed will raise rates again in October.
Markets appeared to look past the Fed's 25 basis point rate hike this week, which was widely expected. US stock continued to climb after the Bank of ***** an raised interest rates to the highest level in 31 years.
However, ***** ysts and top CEOs aren't convinced that one rate hike (by the Fed) will be enough to bring down stubbornly high inflation. "It's not clear to me we've slayed inflation," JPMorgan Chase CEO Jamie Dimon told Yahoo Finance this week.
#week #years #down #level
The tech-heavy Nasdaq Composite (^IXIC) rose 0.4% but ended the week in green. Meanwhile, the S&P 500 (^GSPC) rose 0.2% but eked out a loss for the week. The Dow Jones Industrial Average (^DJI) was down 0.2% and lost more than 1.5% for the week.
The 10-year Treasury yield (^TNX) rose 5 basis points to hover near the 5% level as traders increased bets that the Fed will raise rates again in October.
Markets appeared to look past the Fed's 25 basis point rate hike this week, which was widely expected. US stock continued to climb after the Bank of ***** an raised interest rates to the highest level in 31 years.
However, ***** ysts and top CEOs aren't convinced that one rate hike (by the Fed) will be enough to bring down stubbornly high inflation. "It's not clear to me we've slayed inflation," JPMorgan Chase CEO Jamie Dimon told Yahoo Finance this week.
#week #years #down #level
2 months ago
One of the biggest stories in markets this year has been how stubborn inflation remains. Geopolitical tension in the Middle East spurred the Consumer Price Index (CPI) in March, which rose 3.4% year over year in August. However, even before this conflict, the CPI was still well above the Federal Reserve's 2% target.
The market is starting to believe that inflation will stick around for a lot longer than initially expected. This could explain why Treasury yields, particularly for 10-, 20-, and 30-year terms, have risen significantly in the past 12 months. The **** umption is that interest rates will stay elevated for an extended time, at least compared to most of the 2010s.
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 »
Income investors looking to allocate capital are now faced with a crucial decision, one that might have been easier to make in the past. Is it smart to put money in dividend stalwarts, such as Coca-Cola (NYSE: KO) and Procter & Gamble (NYSE: PG)? Or should U.S. government bonds be on your shopping list?
As of this writing on the morning of Sept. 16, the 10-year Treasury yields just under 5%. At the same time, investors can earn more than 5.3% on 20-year and 30-year bonds. For the sake of this **** ysis, I believe it's best to focus on the 10-year Treasury, as this is a reasonable holding period that's also comparable to long-term stock investing.
#time #flashing
The market is starting to believe that inflation will stick around for a lot longer than initially expected. This could explain why Treasury yields, particularly for 10-, 20-, and 30-year terms, have risen significantly in the past 12 months. The **** umption is that interest rates will stay elevated for an extended time, at least compared to most of the 2010s.
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 »
Income investors looking to allocate capital are now faced with a crucial decision, one that might have been easier to make in the past. Is it smart to put money in dividend stalwarts, such as Coca-Cola (NYSE: KO) and Procter & Gamble (NYSE: PG)? Or should U.S. government bonds be on your shopping list?
As of this writing on the morning of Sept. 16, the 10-year Treasury yields just under 5%. At the same time, investors can earn more than 5.3% on 20-year and 30-year bonds. For the sake of this **** ysis, I believe it's best to focus on the 10-year Treasury, as this is a reasonable holding period that's also comparable to long-term stock investing.
#time #flashing
2 months ago
US stocks wavered on Friday morning as investors continued to calibrate to the Federal Reserve's first rate hike in three years and existential fears about artificial intelligence's capabilities.
The tech-heavy Nasdaq Composite (^IXIC) traded flat, while the S&P 500 (^GSPC) fell 0.1%. The Dow Jones Industrial Average (^DJI) was down 0.3%.
The 10-year Treasury yield (^TNX) rose 5 basis points to 5% on Friday as traders increased bets that the Fed will raise rates again in October.
Markets appeared to look past the Fed's 25 basis point rate hike this week, which was widely expected. US stock continued to climb after the Bank of ******* an raised interest rates to the highest level in 31 years.
However, ******* ysts and top CEOs aren't convinced that one rate hike (by the Fed) will be enough to bring down stubbornly high inflation. "It's not clear to me we've slayed inflation," JPMorgan Chase CEO Jamie Dimon told Yahoo Finance this week.
#down
The tech-heavy Nasdaq Composite (^IXIC) traded flat, while the S&P 500 (^GSPC) fell 0.1%. The Dow Jones Industrial Average (^DJI) was down 0.3%.
The 10-year Treasury yield (^TNX) rose 5 basis points to 5% on Friday as traders increased bets that the Fed will raise rates again in October.
Markets appeared to look past the Fed's 25 basis point rate hike this week, which was widely expected. US stock continued to climb after the Bank of ******* an raised interest rates to the highest level in 31 years.
However, ******* ysts and top CEOs aren't convinced that one rate hike (by the Fed) will be enough to bring down stubbornly high inflation. "It's not clear to me we've slayed inflation," JPMorgan Chase CEO Jamie Dimon told Yahoo Finance this week.
#down
2 months ago
There are plenty of reasons for investors to be nervous about stocks right now. Inflation remains stubbornly high. Treasury yields are climbing. And traders now see a 90% probability that the Federal Reserve raises interest rates at its September meeting this week.
Yet I'm still buying and holding the Vanguard Total Stock Market ETF (NYSEMKT: VTI).
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 »
The reason comes down to one thing. Corporate earnings are proving remarkably resilient and are projected to continue growing at a healthy rate through at least the end of 2027.
Stocks don't necessarily need falling interest rates to move higher. If corporate profits keep growing fast enough, earnings can push stock prices higher over the next six to 12 months.
#total #interest
Yet I'm still buying and holding the Vanguard Total Stock Market ETF (NYSEMKT: VTI).
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 »
The reason comes down to one thing. Corporate earnings are proving remarkably resilient and are projected to continue growing at a healthy rate through at least the end of 2027.
Stocks don't necessarily need falling interest rates to move higher. If corporate profits keep growing fast enough, earnings can push stock prices higher over the next six to 12 months.
#total #interest
2 months ago
US stocks mostly rose on Wednesday morning ahead of the Federal Reserve's decision on whether to hike interest rates for the first time in three years.
The Dow Jones Industrial Average (^DJI) dipped below the flat line, while the S&P 500 (^GSPC) rose 0.2%. The Nasdaq Composite (^IXIC) gained 0.4%
Stocks searched for gains after ending Tuesday's session lower. A bond sell-off that has pushed the 10-year yield (^TNX) to its highest level since the financial crisis weighed on stock sentiment.
Crypto prices tumbled, meanwhile, after the Senate failed to pass a key procedural vote for a regulatory framework for digital ****** ets, known as the Clarity Act. Bitcoin's price (BTC-USD) dropped below $76,000.
At the same time, rising oil prices have contributed to worries that inflation will remain stubbornly high. Despite a pause in crude oil's rally, benchmark Brent (BZ=F) and WTI (CL=F) futures remain above $100 per barrel.
#stocks #time #below #federal
The Dow Jones Industrial Average (^DJI) dipped below the flat line, while the S&P 500 (^GSPC) rose 0.2%. The Nasdaq Composite (^IXIC) gained 0.4%
Stocks searched for gains after ending Tuesday's session lower. A bond sell-off that has pushed the 10-year yield (^TNX) to its highest level since the financial crisis weighed on stock sentiment.
Crypto prices tumbled, meanwhile, after the Senate failed to pass a key procedural vote for a regulatory framework for digital ****** ets, known as the Clarity Act. Bitcoin's price (BTC-USD) dropped below $76,000.
At the same time, rising oil prices have contributed to worries that inflation will remain stubbornly high. Despite a pause in crude oil's rally, benchmark Brent (BZ=F) and WTI (CL=F) futures remain above $100 per barrel.
#stocks #time #below #federal
2 months ago
WASHINGTON, Sept 16 (Reuters) - U.S. retail sales rebounded more than expected in August as households stepped up purchases of motor vehicles and stocked up for the new school year, reinforcing the economy's resilience even as consumers grow more anxious about high inflation.
Retail sales jumped 1.2% last month after a revised 0.5% drop in July, which was the first decline in nine months, the Commerce Department's Census Bureau said on Wednesday. Economists polled by Reuters had forecast retail sales, which are mostly goods and are not adjusted for inflation, rebounding 0.8% after a previously reported 0.6% drop in July. Estimates ranged from as low as a 0.2% gain to as high as a 1.1% increase.
Last month's increase also partially reflected higher gasoline prices, which lifted receipts at service stations.
Households have continued to spend despite stubbornly high inflation because of the oil price shock and supply chain strains from the U.S.-led war with Iran. Consumers have, however, become more selective and are seeking lower-priced goods. Consumer sentiment deteriorated this month.
Spending is being supported by steady wage growth and recent stock market gains. Households are also saving less and tapping into their nest eggs. The strength in retail sales, together with elevated price pressures and a labor market that is regaining its poise after wobbling through much of summer, further strengthens financial market expectations that the Federal Reserve will raise interest rates later on Wednesday.
#sales #wednesday
Retail sales jumped 1.2% last month after a revised 0.5% drop in July, which was the first decline in nine months, the Commerce Department's Census Bureau said on Wednesday. Economists polled by Reuters had forecast retail sales, which are mostly goods and are not adjusted for inflation, rebounding 0.8% after a previously reported 0.6% drop in July. Estimates ranged from as low as a 0.2% gain to as high as a 1.1% increase.
Last month's increase also partially reflected higher gasoline prices, which lifted receipts at service stations.
Households have continued to spend despite stubbornly high inflation because of the oil price shock and supply chain strains from the U.S.-led war with Iran. Consumers have, however, become more selective and are seeking lower-priced goods. Consumer sentiment deteriorated this month.
Spending is being supported by steady wage growth and recent stock market gains. Households are also saving less and tapping into their nest eggs. The strength in retail sales, together with elevated price pressures and a labor market that is regaining its poise after wobbling through much of summer, further strengthens financial market expectations that the Federal Reserve will raise interest rates later on Wednesday.
#sales #wednesday
2 months ago
US stocks rose modestly on Wednesday morning ahead of the Federal Reserve's decision on whether to hike interest rates for the first time in three years.
Futures on the Dow Jones Industrial Average (YM=F) edged up 0.1%; the S&P 500 (ES=F) rose 0.2%, and the Nasdaq-100 (NQ=F) gained 0.4% in premarket trading.
Stocks searched for gains after ending Tuesday's session lower. A bond sell-off that has pushed the 10-year yield (^TNX) to its highest level since the financial crisis weighed on stock sentiment.
Crypto prices tumbled, meanwhile, after the Senate failed to pass a key procedural vote for a regulatory framework for digital ***** ets, known as the Clarity Act. Bitcoin's price (BTC-USD) dropped 2% to the $75,000 level.
At the same time, rising oil prices have contributed to worries that inflation will remain stubbornly high. Despite a pause in crude oil's rally, benchmark Brent (BZ=F) and WTI (CL=F) futures remain above $100 per barrel.
#prices #wednesday #jones
Futures on the Dow Jones Industrial Average (YM=F) edged up 0.1%; the S&P 500 (ES=F) rose 0.2%, and the Nasdaq-100 (NQ=F) gained 0.4% in premarket trading.
Stocks searched for gains after ending Tuesday's session lower. A bond sell-off that has pushed the 10-year yield (^TNX) to its highest level since the financial crisis weighed on stock sentiment.
Crypto prices tumbled, meanwhile, after the Senate failed to pass a key procedural vote for a regulatory framework for digital ***** ets, known as the Clarity Act. Bitcoin's price (BTC-USD) dropped 2% to the $75,000 level.
At the same time, rising oil prices have contributed to worries that inflation will remain stubbornly high. Despite a pause in crude oil's rally, benchmark Brent (BZ=F) and WTI (CL=F) futures remain above $100 per barrel.
#prices #wednesday #jones
2 months ago
Something strange is currently happening with interest rates and inflation.
The United States Federal Funds Rate -- essentially the price banks charge each other to borrow money overnight -- currently sits at 3.75%. The rate has remained at 3.75% throughout 2026.
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 »
For much of 2023 and 2024, the Fed Funds Rate was pegged at 5.5% to battle stubbornly high inflation. As inflation fears eased, the rate was gradually lowered to today's 3.75% level.
Despite a low and stable Fed Funds Rate, however, mortgage interest rates have begun to climb. According to the Wall Street Journal, average U.S. mortgage rates have climbed to a 15-month high of nearly 7%. Treasury yields, meanwhile, are approaching multi-year highs.
#NVIDIA #high
The United States Federal Funds Rate -- essentially the price banks charge each other to borrow money overnight -- currently sits at 3.75%. The rate has remained at 3.75% throughout 2026.
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 »
For much of 2023 and 2024, the Fed Funds Rate was pegged at 5.5% to battle stubbornly high inflation. As inflation fears eased, the rate was gradually lowered to today's 3.75% level.
Despite a low and stable Fed Funds Rate, however, mortgage interest rates have begun to climb. According to the Wall Street Journal, average U.S. mortgage rates have climbed to a 15-month high of nearly 7%. Treasury yields, meanwhile, are approaching multi-year highs.
#NVIDIA #high
2 months ago
It wasn't pretty, but Arizona volleyball found a way to end its five-game losing streak with a victory over Oregon State on Saturday. The Wildcats won 3-1 (25-23, 25-23, 16-25, 27-25) at the Galen Center in Los Angeles, Calif.
"It was necessary for us to win that match," said Arizona head coach Rita Stubbs.
It was a struggle throughout. Arizona had difficulty scoring and Oregon State had success against the Wildcats' block. While Arizona had nine blocks, it also had four blocking errors on the day. The Wildcats only had nine blocking errors in seven matches this season prior to Saturday.
Things were tight in the sets Arizona won. The Beavers took a late lead in all three before Arizona came back. The third set, which Oregon State won, was even less competitive than the 25-16 score suggested. The Wildcats persevered and Stubbs used her bench when she needed to.
Destiny Ndam-Simpson leads the Wildcats with 3.42 kills per set this season, but Saturday wasn't her day. The Beavers kept her in check, regularly taking her out of the play with their serve. She received 24 serves despite being subbed out halfway through the third set and not returning. Only Carlie Cisneros with 25 receptions in four sets was targeted more. Four of the Beavers' seven aces were charged to Ndam-Simpson.
#oregon #stubbs
"It was necessary for us to win that match," said Arizona head coach Rita Stubbs.
It was a struggle throughout. Arizona had difficulty scoring and Oregon State had success against the Wildcats' block. While Arizona had nine blocks, it also had four blocking errors on the day. The Wildcats only had nine blocking errors in seven matches this season prior to Saturday.
Things were tight in the sets Arizona won. The Beavers took a late lead in all three before Arizona came back. The third set, which Oregon State won, was even less competitive than the 25-16 score suggested. The Wildcats persevered and Stubbs used her bench when she needed to.
Destiny Ndam-Simpson leads the Wildcats with 3.42 kills per set this season, but Saturday wasn't her day. The Beavers kept her in check, regularly taking her out of the play with their serve. She received 24 serves despite being subbed out halfway through the third set and not returning. Only Carlie Cisneros with 25 receptions in four sets was targeted more. Four of the Beavers' seven aces were charged to Ndam-Simpson.
#oregon #stubbs
2 months ago
The Federal Reserve's policy committee is expected to raise its key interest rate for the first time since 2023.
Fed officials face pressure to raise rates to combat stubbornly high inflation that has run above target since 2021.
A rate hike could provoke a response from President Donald Trump, who has demanded that the central bank reduce interest rates.
Federal Reserve officials meet Wednesday to plot the next move in their campaign to keep prices stable, and fresh data shows inflation is far from vanquished.
Fed officials are widely expected to raise the central bank's fed funds rate to combat inflation, increasing it a quarter-point to a range of 3.75% to 4% in the first rate hike since 2023. Financial markets are pricing in an 86% chance of a rate hike according to the CME Group's FedWatch tool, which forecasts rate movements based on fed funds futures trading data.
#officials #federal #expected #first
Fed officials face pressure to raise rates to combat stubbornly high inflation that has run above target since 2021.
A rate hike could provoke a response from President Donald Trump, who has demanded that the central bank reduce interest rates.
Federal Reserve officials meet Wednesday to plot the next move in their campaign to keep prices stable, and fresh data shows inflation is far from vanquished.
Fed officials are widely expected to raise the central bank's fed funds rate to combat inflation, increasing it a quarter-point to a range of 3.75% to 4% in the first rate hike since 2023. Financial markets are pricing in an 86% chance of a rate hike according to the CME Group's FedWatch tool, which forecasts rate movements based on fed funds futures trading data.
#officials #federal #expected #first
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
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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.
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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
2 months ago
ATLANTA (AP) — Drake Baldwin doubled to center field in the 11th inning to score Ha-Seong Kim from first base and the Atlanta Braves beat the Philadelphia Phillies 6-5 on Friday night in the opening game of a key NL East series.
The first-place Braves extended their lead over the Phillies to five games. The teams split a four-game series in Philadelphia that began last Friday.
Luis Arraez's single to left field off Didier Fuentes (7-2) in the 11th drove in designated runner Garrett Stubbs to give Philadelphia a 5-4 lead. Kim's single off Brooks Raley (5-6) in the bottom of the inning drove in Ozzie Albies to tie it. Baldwin followed with the winning double.
Phillies right-hander Jonathan Bowlan blew a 3-2 lead in the ninth. Bowlan gave up a one-out single to Mike Yastrzemski. Pinch-runner DaShawn Keirsey Jr., who was recalled before the game, scored from first on Sean Murphy's single up the middle and center fielder Derek Hill's fielding error.
Aaron Nola gave up homers to Matt Olson in the first and Austin Riley in the seventh. Braves left-hander Chris Sale allowed three runs on only three hits in seven innings but struggled with two outs in the second. Edmundo Sosa singled before Sale walked Bryan De La Cruz and hit J.T. Realmuto with a pitch to load the bases. Derek Hill doubled off the center-field wall to drive in three runs.
#lead
The first-place Braves extended their lead over the Phillies to five games. The teams split a four-game series in Philadelphia that began last Friday.
Luis Arraez's single to left field off Didier Fuentes (7-2) in the 11th drove in designated runner Garrett Stubbs to give Philadelphia a 5-4 lead. Kim's single off Brooks Raley (5-6) in the bottom of the inning drove in Ozzie Albies to tie it. Baldwin followed with the winning double.
Phillies right-hander Jonathan Bowlan blew a 3-2 lead in the ninth. Bowlan gave up a one-out single to Mike Yastrzemski. Pinch-runner DaShawn Keirsey Jr., who was recalled before the game, scored from first on Sean Murphy's single up the middle and center fielder Derek Hill's fielding error.
Aaron Nola gave up homers to Matt Olson in the first and Austin Riley in the seventh. Braves left-hander Chris Sale allowed three runs on only three hits in seven innings but struggled with two outs in the second. Edmundo Sosa singled before Sale walked Bryan De La Cruz and hit J.T. Realmuto with a pitch to load the bases. Derek Hill doubled off the center-field wall to drive in three runs.
#lead
2 months ago
The Treasury Department on Wednesday revealed that it will buy back up as much as $6 billion in longer-dated U.S. debt in an operation this week.
The agency's Bureau of the Fiscal Service announced that it will purchase up to $6 billion in 10-year notes and 20-year bonds in an operation. The securities that will be bought in the operation, which is scheduled to occur from 1:40 p.m. to 2 p.m. ET on Thursday, have maturity dates ranging from February 2037 and August 2046.
The buybacks follow Treasury Secretary Scott Bessent's announcement that Treasury's buyback operations would be at least $4 billion until early November, an increase from the $2 billion that the agency would typically buy back in an operation.
Yields on Treasurys have been elevated in recent years due to stubborn inflation, which has been exacerbated by the Iran war and has caused interest rates to rise further.
Bessent Says Treasury Auctions Will Continue As Usual Despite Expanded Buyback Program
#buyback #back #year #fiscal
The agency's Bureau of the Fiscal Service announced that it will purchase up to $6 billion in 10-year notes and 20-year bonds in an operation. The securities that will be bought in the operation, which is scheduled to occur from 1:40 p.m. to 2 p.m. ET on Thursday, have maturity dates ranging from February 2037 and August 2046.
The buybacks follow Treasury Secretary Scott Bessent's announcement that Treasury's buyback operations would be at least $4 billion until early November, an increase from the $2 billion that the agency would typically buy back in an operation.
Yields on Treasurys have been elevated in recent years due to stubborn inflation, which has been exacerbated by the Iran war and has caused interest rates to rise further.
Bessent Says Treasury Auctions Will Continue As Usual Despite Expanded Buyback Program
#buyback #back #year #fiscal
2 months ago
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The August consumer price index is due Friday at 8:30 a.m. ET and could determine whether the Federal Reserve raises interest rates next week, with the decision potentially coming down to whether core prices rise 0.2% or 0.3%.
Markets are increasingly leaning toward a hike after Thursday's producer-price report showed inflation remaining stubbornly high, even as Wall Street remains remarkably confident that core CPI will come in at 0.2%.
The median forecast among 17 economists surveyed by The Wall Street Journal is 0.22%. Every estimate, ranging from just 0.16% to 0.24%, rounds to 0.2%.
Kalshi traders are similarly concentrated around 0.2%. The prediction market gives core CPI an 87% chance of exceeding 0.1%, but only a 28% chance of coming in above 0.2%.
#core #wall #benzinga
The August consumer price index is due Friday at 8:30 a.m. ET and could determine whether the Federal Reserve raises interest rates next week, with the decision potentially coming down to whether core prices rise 0.2% or 0.3%.
Markets are increasingly leaning toward a hike after Thursday's producer-price report showed inflation remaining stubbornly high, even as Wall Street remains remarkably confident that core CPI will come in at 0.2%.
The median forecast among 17 economists surveyed by The Wall Street Journal is 0.22%. Every estimate, ranging from just 0.16% to 0.24%, rounds to 0.2%.
Kalshi traders are similarly concentrated around 0.2%. The prediction market gives core CPI an 87% chance of exceeding 0.1%, but only a 28% chance of coming in above 0.2%.
#core #wall #benzinga
0.00$ raised of 0.00$ goal
0 donations
0.00$
to go
2 months ago
SEOUL, South Korea (AP) — A group of Chinese artists is boycotting a major art exhibition in South Korea over the organizers' plans to use the name "Taiwan Pavilion" for an exhibition of works by Taiwanese artists.
China considers self-governing Taiwan to be part of its territory and rejects the island's claim to sovereignty. Beijing generally refers to Taiwan as "China's Taiwan region."
China's Foreign Ministry on Thursday criticized the South Korean organizers of the biennial Gwangju Biennale, one of Asia's most prominent art exhibitions, saying the organizers have "stubbornly clung to the wrongful practice, allowing China's Taiwan region to participate under a designation that is completely incompatible with its status."
Spokesperson Guo Jiakun said China hopes the South Korean government will uphold its political commitment to the "one China" principle through concrete action.
The Chinese artists said the same day that they were withdrawing from the festival, which opens Saturday and runs through mid-November.
#korean
China considers self-governing Taiwan to be part of its territory and rejects the island's claim to sovereignty. Beijing generally refers to Taiwan as "China's Taiwan region."
China's Foreign Ministry on Thursday criticized the South Korean organizers of the biennial Gwangju Biennale, one of Asia's most prominent art exhibitions, saying the organizers have "stubbornly clung to the wrongful practice, allowing China's Taiwan region to participate under a designation that is completely incompatible with its status."
Spokesperson Guo Jiakun said China hopes the South Korean government will uphold its political commitment to the "one China" principle through concrete action.
The Chinese artists said the same day that they were withdrawing from the festival, which opens Saturday and runs through mid-November.
#korean
2 months ago
Manchester City have won 1-0 today against stubborn Coventry City side at the Etihad Stadium this afternoon. A Erling Haaland header in the 26th minute was just enough for City make it three wins from three matches to start the new Premier League season.
When the starting lineups were announced, Enzo Maresca had made only one change to the starting lineup which dispatched Crystal Palace 4-1 last weekend. Iliman Ndiaye replaced Phil Foden in the starting lineup as the Senegalese international made his Premier League debut from the start today. Enzo Fernandez was on the bench for today's game. However, that changed 15 minutes before kickoff. Nico O'Reilly suffered an injury in the warm up and Enzo Fernandez replaced him in Manchester City's starting lineup.
Manchester City began the game dominating possession, however it was Coventry City who should have taken the lead inside the opening eight minutes. First, Abdukodir Khusanov played a ball back to Gianluigi Donnarumma on his own goal line. The Italian had a poor first touch which almost trickled over the goal line to give Frank Lampard's side the lead in the 6th minute.
However, two minutes later, Coventry City should have taken the lead. Antoine ****** yo played a dangerous ball from the right into midfield which Coventry City striker Taiwo Awoniyi intercepted. Awoniyi surged clean through on goal with only the keeper to beat. But he fired his shot wide of the post with Gianluigi Donnarumma rushing out to save his team's blushes. Taiwo Awoniyi's chance was a clear warning shot to Enzo Maresca's side that today's match wouldn't be a walk in the park.
Manchester City's first shot on target would arrive in the 16th minute. Elliot Anderson was fouled in midfield and he quickly took the free kick and set free Rayan Cherki. Cherki surged into ****** e and played in Erling Haaland with a quality through ball. Haaland fired in a powerful low drive from inside the Coventry penalty area across goal which Coventry City keeper Carl Rushworth got down well to save.
#city #haaland #first #side
When the starting lineups were announced, Enzo Maresca had made only one change to the starting lineup which dispatched Crystal Palace 4-1 last weekend. Iliman Ndiaye replaced Phil Foden in the starting lineup as the Senegalese international made his Premier League debut from the start today. Enzo Fernandez was on the bench for today's game. However, that changed 15 minutes before kickoff. Nico O'Reilly suffered an injury in the warm up and Enzo Fernandez replaced him in Manchester City's starting lineup.
Manchester City began the game dominating possession, however it was Coventry City who should have taken the lead inside the opening eight minutes. First, Abdukodir Khusanov played a ball back to Gianluigi Donnarumma on his own goal line. The Italian had a poor first touch which almost trickled over the goal line to give Frank Lampard's side the lead in the 6th minute.
However, two minutes later, Coventry City should have taken the lead. Antoine ****** yo played a dangerous ball from the right into midfield which Coventry City striker Taiwo Awoniyi intercepted. Awoniyi surged clean through on goal with only the keeper to beat. But he fired his shot wide of the post with Gianluigi Donnarumma rushing out to save his team's blushes. Taiwo Awoniyi's chance was a clear warning shot to Enzo Maresca's side that today's match wouldn't be a walk in the park.
Manchester City's first shot on target would arrive in the 16th minute. Elliot Anderson was fouled in midfield and he quickly took the free kick and set free Rayan Cherki. Cherki surged into ****** e and played in Erling Haaland with a quality through ball. Haaland fired in a powerful low drive from inside the Coventry penalty area across goal which Coventry City keeper Carl Rushworth got down well to save.
#city #haaland #first #side
2 months ago
As of 11:46 AM ET, the Nasdaq Composite (NASDAQINDEX:^IXIC) is up 1.35% to 26,572 as tech shares recover from earlier pressure. The Dow Jones Industrial Average (DJINDICES:^DJI) has climbed 1.20% to 53,699, and the S&P 500 (SNPINDEX:^GSPC) is trading 1.01% higher to 7,744 as traders eye falling Treasury yields.
Gold is up 2.34% to $4,489.99, and the 10-Year Treasury yield fell 5 basis points to 4.75%. Industrials lead sector gainers, with financial services and consumer cyclical stocks also seeing significant intraday strength as investors rotate into growth-oriented names.
Broadcom shares dropped, despite beating ******* yst expectations in yesterday's earnings. Snowflake's Q2 results were a different story: The stock soared over 20% this morning after a blowout quarter. Robinhood Markets gained following ******* yst upgrades. Nvidia gained on news that it will acquire artificial intelligence (AI) platform Hugging Face.
Major U.S. indexes gained this morning as markets reassessed the probability of a September rate hike. Federal Reserve Governor Christopher Waller said he'd lean toward holding rates steady unless there are any major inflation surprises. His stance, which seemed to contrast with Chairman Kevin Warsh's emphasis on reducing stubborn inflation, reduced some of the pressure on U.S. Treasuries.
Investors will be watching tomorrow's labor market report and further inflation data due next week closely, as both will impact the Fed committee's decision when they meet on Sept. 15 and 16. Interest rate decisions can cause short-term headwinds for the stock market, and volatility is likely to increase in the second half of this year. However, unchecked inflation can erode long-term value and do more damage to your portfolio than higher rates.
#major
Gold is up 2.34% to $4,489.99, and the 10-Year Treasury yield fell 5 basis points to 4.75%. Industrials lead sector gainers, with financial services and consumer cyclical stocks also seeing significant intraday strength as investors rotate into growth-oriented names.
Broadcom shares dropped, despite beating ******* yst expectations in yesterday's earnings. Snowflake's Q2 results were a different story: The stock soared over 20% this morning after a blowout quarter. Robinhood Markets gained following ******* yst upgrades. Nvidia gained on news that it will acquire artificial intelligence (AI) platform Hugging Face.
Major U.S. indexes gained this morning as markets reassessed the probability of a September rate hike. Federal Reserve Governor Christopher Waller said he'd lean toward holding rates steady unless there are any major inflation surprises. His stance, which seemed to contrast with Chairman Kevin Warsh's emphasis on reducing stubborn inflation, reduced some of the pressure on U.S. Treasuries.
Investors will be watching tomorrow's labor market report and further inflation data due next week closely, as both will impact the Fed committee's decision when they meet on Sept. 15 and 16. Interest rate decisions can cause short-term headwinds for the stock market, and volatility is likely to increase in the second half of this year. However, unchecked inflation can erode long-term value and do more damage to your portfolio than higher rates.
#major
2 months ago
On August 25, nCino (NASDAQ:NCNO) posted second-quarter fiscal 2027 results that outran the company's own guidance on every line item that matters. Total revenue rose 8% year over year to $161 million, subscription revenue climbed 10% to $143.5 million, and free cash flow jumped 170% to $34 million. Behind those headline numbers sits a company pushing its banking customers toward an AI-heavy pricing model while one legacy piece of the business, mortgage lending, keeps losing ground to a stubbornly high interest rate environment.
The clearest signal in nCino's quarter came from its largest customers. Four of the company's top 20 US enterprise accounts, representing institutions holding more than $900 billion in ******* ets, renewed their contracts ahead of schedule and increased their annual contract value by more than 10% on average. Those customers made the move specifically to gain access to nCino's expanding AI toolset, and 48% of total annual contract value now sits on the new platform pricing model, up from 40% just one quarter earlier.
That AI push is already producing measurable results. One enterprise customer told nCino it expects to save 160,000 hours a year, worth more than $5.5 million, just from using the company's Locate and File banking adviser tool. More than 230 customers have now purchased AI intelligence units, and management said it has begun charging some of them for additional units after they burned through their initial bundles. International expansion added to the momentum, with non-US subscription revenue up 13% to $30.9 million on new customer wins in ******* an and Germany.
The company's capital moves backed up that confidence. Non-GAAP operating income grew 36% to $40.8 million, professional services margin improved 600 basis points to 3%, and nCino repurchased 10.2 million shares for $165 million during the quarter, including the completion of a $100 million accelerated buyback program. The board then authorized another $100 million in repurchases, and full-year guidance moved higher across the board.
Not every part of the business is moving in the same direction. US mortgage subscription revenue fell 1% year over year to $20.6 million, and management cut its forecast further, now expecting about $20 million in the third quarter and $18.5 million in the fourth, reductions of $700,000 and $1.2 million from prior guidance. The culprit is the same one that has dogged the mortgage industry for two years: rates that have stayed higher for longer than expected, which is pushing independent mortgage banks toward consolidation and away from nCino's platform.
#million #customers #ncino #subscription
The clearest signal in nCino's quarter came from its largest customers. Four of the company's top 20 US enterprise accounts, representing institutions holding more than $900 billion in ******* ets, renewed their contracts ahead of schedule and increased their annual contract value by more than 10% on average. Those customers made the move specifically to gain access to nCino's expanding AI toolset, and 48% of total annual contract value now sits on the new platform pricing model, up from 40% just one quarter earlier.
That AI push is already producing measurable results. One enterprise customer told nCino it expects to save 160,000 hours a year, worth more than $5.5 million, just from using the company's Locate and File banking adviser tool. More than 230 customers have now purchased AI intelligence units, and management said it has begun charging some of them for additional units after they burned through their initial bundles. International expansion added to the momentum, with non-US subscription revenue up 13% to $30.9 million on new customer wins in ******* an and Germany.
The company's capital moves backed up that confidence. Non-GAAP operating income grew 36% to $40.8 million, professional services margin improved 600 basis points to 3%, and nCino repurchased 10.2 million shares for $165 million during the quarter, including the completion of a $100 million accelerated buyback program. The board then authorized another $100 million in repurchases, and full-year guidance moved higher across the board.
Not every part of the business is moving in the same direction. US mortgage subscription revenue fell 1% year over year to $20.6 million, and management cut its forecast further, now expecting about $20 million in the third quarter and $18.5 million in the fourth, reductions of $700,000 and $1.2 million from prior guidance. The culprit is the same one that has dogged the mortgage industry for two years: rates that have stayed higher for longer than expected, which is pushing independent mortgage banks toward consolidation and away from nCino's platform.
#million #customers #ncino #subscription
2 months ago
AI gate automation cut dwell times to under 30 seconds while EAIGLE posted 350% year-over-year growth. CEO Amir Hoss explains how the company uses existing security cameras and computer vision to automate gate, yard and dock workflows.On site at a live facility, Hoss breaks down how EAIGLE went from a customer problem to a fully automated, paperless gate and yard operation. He also explains why the next growth phase matters for carriers, shippers and warehouse operators trying to move trucks through the yard faster.#GateAutomation #YardManagement #SupplyChainAI
EAIGLE, an automation company focused on gate-to-dock logistics, has closed a growth funding round on the heels of 350% year-over-year revenue growth, CEO and founder Amir Hoss said in an interview with FreightWaves. The company's computer vision platform reduces gate dwell times that previously ranged from 7.5 to 18 minutes down to under 30 seconds — and sometimes under one minute — by tapping into camera infrastructure that facilities already own.
The technology matters to carriers, brokers, and shippers because gate congestion and yard opacity have long been among the most stubborn inefficiencies in distribution operations. EAIGLE's system automates the full check-in and check-out process, validates bills of lading, purchase orders, appointments, and USDOT numbers in real time, and feeds clean data directly into yard management, warehouse management, and transportation management systems via APIs.
At one active facility where Hoss spoke — a site processing roughly 1,100 trucks per day across two gates and four lanes — EAIGLE replaced 18 full-time staff across three shifts with a fully unmanned, paperless operation. "We didn't validate here, we just log," Hoss recalled a security guard telling him five or six years ago, a dynamic he said rendered downstream YMS data unreliable. "It becomes garbage in and garbage out," he said.
"The bar is really high because you own that responsibility of initiating the high accuracy and complete data capture and validation for the rest of the systems in the supply chain ecosystem of each one of the operational customers."
#eaigle #amir #automation
EAIGLE, an automation company focused on gate-to-dock logistics, has closed a growth funding round on the heels of 350% year-over-year revenue growth, CEO and founder Amir Hoss said in an interview with FreightWaves. The company's computer vision platform reduces gate dwell times that previously ranged from 7.5 to 18 minutes down to under 30 seconds — and sometimes under one minute — by tapping into camera infrastructure that facilities already own.
The technology matters to carriers, brokers, and shippers because gate congestion and yard opacity have long been among the most stubborn inefficiencies in distribution operations. EAIGLE's system automates the full check-in and check-out process, validates bills of lading, purchase orders, appointments, and USDOT numbers in real time, and feeds clean data directly into yard management, warehouse management, and transportation management systems via APIs.
At one active facility where Hoss spoke — a site processing roughly 1,100 trucks per day across two gates and four lanes — EAIGLE replaced 18 full-time staff across three shifts with a fully unmanned, paperless operation. "We didn't validate here, we just log," Hoss recalled a security guard telling him five or six years ago, a dynamic he said rendered downstream YMS data unreliable. "It becomes garbage in and garbage out," he said.
"The bar is really high because you own that responsibility of initiating the high accuracy and complete data capture and validation for the rest of the systems in the supply chain ecosystem of each one of the operational customers."
#eaigle #amir #automation
2 months ago
It's September, which means rosters can be expanded a bit. Gone are the days where a ton of players move up to the big leagues, where rosters went to somewhere near 40. Instead, the team is only allowed to bring up two players.
Marchan adds a third catcher to the group, meaning there will probably be more chances for Garrett Stubbs to be used as a left handed bat off the bench. Marchan has been hurt for seemingly eternity, but he's ready to go.
Grant Holman has been excellent since being claimed off of waivers in May.
Having another arm for the bullpen is always a good thing and as well as Holman has been pitching, he'll be a welcome addition.
#players
Marchan adds a third catcher to the group, meaning there will probably be more chances for Garrett Stubbs to be used as a left handed bat off the bench. Marchan has been hurt for seemingly eternity, but he's ready to go.
Grant Holman has been excellent since being claimed off of waivers in May.
Having another arm for the bullpen is always a good thing and as well as Holman has been pitching, he'll be a welcome addition.
#players
2 months ago
T.J. Watt is coming off one of the worst performances of his NFL career, which subsequently resulted in the Pittsburgh Steelers edge rusher tumbling down ESPN's top 100 players prediction for the 2026 season.
In ESPN's new top 100 players list, Watt saw his ranking tumble 54 spots from last year to No. 65 for the 2026 season. Honestly, this could still be viewed as a compliment considering how his 2025 season played out.
"Watt's production has dipped since he led the league with 19 sacks in 2023, but part of the reason he dropped off in 2025 is a freak situation where he suffered a partially collapsed a lung during dry needling treatment," ESPN's Brooke Pryor wrote. "He is fully healthy entering his 10th season and has vowed to be open to moving around in Graham's system -- something he admitted he was too stubborn to do under the previous regime."
It's true that Watt is going to be moving around the defensive line a lot more in 2026, but he's no doubt at his best when coming off the left side. That was until offenses found a way to neutralize his presence, leaving the Steelers, and Watt, with no choice but to shake things up in 2026.
For up-to-date Steelers coverage, including any roster news and injury updates, follow us on X TheSteelersWire and give our Facebook page a like.
#coming #players #moving #pittsburgh
In ESPN's new top 100 players list, Watt saw his ranking tumble 54 spots from last year to No. 65 for the 2026 season. Honestly, this could still be viewed as a compliment considering how his 2025 season played out.
"Watt's production has dipped since he led the league with 19 sacks in 2023, but part of the reason he dropped off in 2025 is a freak situation where he suffered a partially collapsed a lung during dry needling treatment," ESPN's Brooke Pryor wrote. "He is fully healthy entering his 10th season and has vowed to be open to moving around in Graham's system -- something he admitted he was too stubborn to do under the previous regime."
It's true that Watt is going to be moving around the defensive line a lot more in 2026, but he's no doubt at his best when coming off the left side. That was until offenses found a way to neutralize his presence, leaving the Steelers, and Watt, with no choice but to shake things up in 2026.
For up-to-date Steelers coverage, including any roster news and injury updates, follow us on X TheSteelersWire and give our Facebook page a like.
#coming #players #moving #pittsburgh
2 months ago
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Gold (GC=F) December futures opened at $4,498.70 per troy ounce on Tuesday, September 1, 2026, up 0.4% from Monday's closing price. The price of gold is down this morning at $4,432.20 per troy ounce as of 7:56 a.m. ET.
Stubborn inflation, continually propelled by the ongoing conflict in Iran, is keeping a lid on gold prices. Recent comments from Fed Chair Kevin Warsh that the Fed has "work to do" on price control, plus renewed attacks in the Middle East, are raising rate-hike expectations ahead of the Fed's meeting later this month.
According to the CME Group's FedWatch tool, there's currently a 66.4% chance the Fed raises rates by 25 basis points later this month, and a 33.6% expectation they will leave rates unchanged. Just one week ago, the script was flipped, as economists estimated a 60.4% chance the Fed would leave rates unchanged and a 39.6% chance rates would rise.
Higher interest rates are a natural headwind for gold prices since the precious metal doesn't pay interest.
#rates #leave
Gold (GC=F) December futures opened at $4,498.70 per troy ounce on Tuesday, September 1, 2026, up 0.4% from Monday's closing price. The price of gold is down this morning at $4,432.20 per troy ounce as of 7:56 a.m. ET.
Stubborn inflation, continually propelled by the ongoing conflict in Iran, is keeping a lid on gold prices. Recent comments from Fed Chair Kevin Warsh that the Fed has "work to do" on price control, plus renewed attacks in the Middle East, are raising rate-hike expectations ahead of the Fed's meeting later this month.
According to the CME Group's FedWatch tool, there's currently a 66.4% chance the Fed raises rates by 25 basis points later this month, and a 33.6% expectation they will leave rates unchanged. Just one week ago, the script was flipped, as economists estimated a 60.4% chance the Fed would leave rates unchanged and a 39.6% chance rates would rise.
Higher interest rates are a natural headwind for gold prices since the precious metal doesn't pay interest.
#rates #leave
2 months ago
PHOENIX (AP) — Bryson Stott hit a homer, Aaron Nola provided another solid start on the mound and the Philadelphia Phillies finished a torrid August with a 2-1 victory over the Arizona Diamondbacks on Monday night.
The Phillies have won five straight, 14 of their past 16 and finished with a 21-7 record in August, which was the best mark in the big leagues. They're now just four games behind the Atlanta Braves in the NL East.
Stott crushed a 464-foot homer to right field in the second that gave the Phillies a 1-0 lead. Bryce Harper's double off the center field wall in the third scored Garrett Stubbs and pushed the advantage to 2-0.
Nola (6-10) pitched into the sixth inning, giving up one run on five hits and two walks, striking out five. The veteran right-hander has given up two runs or less in five straight starts.
Alex McFarlane, Orion Kerkering, Brooks Raley, Jose Alvarado and Jhoan Duran combined for four scoreless innings of relief. Duran earned his 29th save in 31 chances, stranding runners on first and third.
#Phillies #homer
The Phillies have won five straight, 14 of their past 16 and finished with a 21-7 record in August, which was the best mark in the big leagues. They're now just four games behind the Atlanta Braves in the NL East.
Stott crushed a 464-foot homer to right field in the second that gave the Phillies a 1-0 lead. Bryce Harper's double off the center field wall in the third scored Garrett Stubbs and pushed the advantage to 2-0.
Nola (6-10) pitched into the sixth inning, giving up one run on five hits and two walks, striking out five. The veteran right-hander has given up two runs or less in five straight starts.
Alex McFarlane, Orion Kerkering, Brooks Raley, Jose Alvarado and Jhoan Duran combined for four scoreless innings of relief. Duran earned his 29th save in 31 chances, stranding runners on first and third.
#Phillies #homer
2 months ago
Philadelphia Phillies have received a timely boost ahead of their series against the Arizona Diamondbacks, with Brandon Marsh returning to the starting lineup.
The outfielder was back in the batting order for Monday evening's game after being given the day off on Sunday.
Photo by Terence Lewis/Icon Sportswire via Getty Images
Underdog MLB announced the Phillies lineup for the August 31 clash with Arizona, with Marsh returning to his usual spot in left field.
The lineup featured Kyle Schwarber as the designated hitter, Trea Turner at shortstop, Bryce Harper in right field, Luis Arraez at second base, Alec Bohm at first base, Bryson Stott at third base, Marsh in left field, J.T. Crawford in centre field, Garrett Stubbs at catcher and Aaron Nola as the starting pitcher.
#marsh #arizona #starting
The outfielder was back in the batting order for Monday evening's game after being given the day off on Sunday.
Photo by Terence Lewis/Icon Sportswire via Getty Images
Underdog MLB announced the Phillies lineup for the August 31 clash with Arizona, with Marsh returning to his usual spot in left field.
The lineup featured Kyle Schwarber as the designated hitter, Trea Turner at shortstop, Bryce Harper in right field, Luis Arraez at second base, Alec Bohm at first base, Bryson Stott at third base, Marsh in left field, J.T. Crawford in centre field, Garrett Stubbs at catcher and Aaron Nola as the starting pitcher.
#marsh #arizona #starting
2 months ago
Trump's Venezuela deal grants U.S. companies majority control of 65 billion barrels, pushing total U.S.-accessible proven reserves to 7.1% of global supply.
Venezuela's extra-heavy crude demands specialized refining and major infrastructure repairs, meaning production gains will take years rather than months to reach consumers.
Chevron's existing Venezuelan joint ventures and strong free cash flow position it as the clearest near-term beneficiary of the new hydrocarbons framework.
Act now: the ******* yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Chevron didn't make the cut. Grab the names FREE today.
Oil markets have spent 2026 wrestling with supply disruptions, Strategic Petroleum Reserve drawdowns to multi-decade lows, and stubborn pump prices that refuse to cooperate with political calendars.
#NVIDIA #chevron #strategic #petroleum
Venezuela's extra-heavy crude demands specialized refining and major infrastructure repairs, meaning production gains will take years rather than months to reach consumers.
Chevron's existing Venezuelan joint ventures and strong free cash flow position it as the clearest near-term beneficiary of the new hydrocarbons framework.
Act now: the ******* yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Chevron didn't make the cut. Grab the names FREE today.
Oil markets have spent 2026 wrestling with supply disruptions, Strategic Petroleum Reserve drawdowns to multi-decade lows, and stubborn pump prices that refuse to cooperate with political calendars.
#NVIDIA #chevron #strategic #petroleum
