8 hours ago
AI companies Anthropic, OpenAI, ***** e XAI and Google are being sued over alleged collusion as pressure mounts to slow the rapid development of AI.
The complaint, filed Friday in the U.S. District Court for the Northern District of California, points to a recent proposal from Anthropic CEO Dario Amodei, who called for “industry-wide coordination” to “pace the frontier” as concerns mount over the risks posed by increasingly powerful AI.
“We must slow the ***** e in which we improve the capabilities of AI models,” Amodei wrote in a Sept. 12 essay.
The plaintiffs allege that OpenAI CEO Sam Altman, ***** eXAI founder Elon Musk and Google DeepMind co-founder Demis Hassabis made an illegal business agreement among competitors by agreeing to slow the development of their AI systems, violating federal antitrust law.
Within hours of Amodei publishing his essay, Musk responded, saying “Dario is right,” while Altman also said he agreed with Amodei. Hassabis called the proposal “the right path forward,” according to the complaint.
#amodei
The complaint, filed Friday in the U.S. District Court for the Northern District of California, points to a recent proposal from Anthropic CEO Dario Amodei, who called for “industry-wide coordination” to “pace the frontier” as concerns mount over the risks posed by increasingly powerful AI.
“We must slow the ***** e in which we improve the capabilities of AI models,” Amodei wrote in a Sept. 12 essay.
The plaintiffs allege that OpenAI CEO Sam Altman, ***** eXAI founder Elon Musk and Google DeepMind co-founder Demis Hassabis made an illegal business agreement among competitors by agreeing to slow the development of their AI systems, violating federal antitrust law.
Within hours of Amodei publishing his essay, Musk responded, saying “Dario is right,” while Altman also said he agreed with Amodei. Hassabis called the proposal “the right path forward,” according to the complaint.
#amodei
10 hours ago
Markets have a familiar reflex when fear spreads through technology stocks. Investors wait to hear what Jim Cramer thinks.
This week, the fear did not come from a short seller or a regulator. It came from inside the AI industry itself, from one of its own leaders.
Cramer said Wednesday, Sept. 16, that he won't back away from the AI trade, according to CNBC. That comes despite a weekend essay from a top AI executive arguing that the technology is moving too fast.
He predicted spending on AI infrastructure will keep climbing, because the industry's two biggest labs are already turning that spending into real revenue. There's too much money at stake for them to stop now, the "Mad Money" host said.
The warning that shook markets came from Anthropic CEO Dario Amodei, not from a critic outside the industry. In an essay ****** led "We Must Pace the Frontier," Amodei wrote that we must slow the pace at which we improve the capabilities of AI models.
#markets #pace #came
This week, the fear did not come from a short seller or a regulator. It came from inside the AI industry itself, from one of its own leaders.
Cramer said Wednesday, Sept. 16, that he won't back away from the AI trade, according to CNBC. That comes despite a weekend essay from a top AI executive arguing that the technology is moving too fast.
He predicted spending on AI infrastructure will keep climbing, because the industry's two biggest labs are already turning that spending into real revenue. There's too much money at stake for them to stop now, the "Mad Money" host said.
The warning that shook markets came from Anthropic CEO Dario Amodei, not from a critic outside the industry. In an essay ****** led "We Must Pace the Frontier," Amodei wrote that we must slow the pace at which we improve the capabilities of AI models.
#markets #pace #came
17 hours ago
Greenlanders have voiced their opposition to U.S. control, holding anti-Trump protests with signs that read, ‘Make Americans Go Away’
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President Donald Trump has announced an agreement with Greenland, in which the U.S. will take permanent control of the Arctic island’s security.
“I am pleased to announce that the United States of America has entered into an Agreement with The Kingdom of Denmark, and Greenland, that gives the United States permanent control over security, and all other needs, in Greenland, completely addressing ALL of our many U.S. concerns,” Trump wrote on Truth Social Friday evening.
#Trump #states #agreement #security
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President Donald Trump has announced an agreement with Greenland, in which the U.S. will take permanent control of the Arctic island’s security.
“I am pleased to announce that the United States of America has entered into an Agreement with The Kingdom of Denmark, and Greenland, that gives the United States permanent control over security, and all other needs, in Greenland, completely addressing ALL of our many U.S. concerns,” Trump wrote on Truth Social Friday evening.
#Trump #states #agreement #security
22 hours ago
NEW YORK (AP) — President Donald Trump said Friday that he was barring CNN, MS NOW and Politico from the White House due to what he called unfavorable coverage and "fake news," and threatened that more such media bans could be coming — the latest salvo in the president's increasingly aggressive response to media coverage he finds unfavorable.
Like many of Trump's other confrontations with news organizations — some of which are playing out in the legal arena — this threat has potential First Amendment implications. There was no immediate indication, though, that he was following through.
Trump wrote on his social media site that effective immediately, "I am banning" CNN, MS NOW and Politico "from the White House as a result of their constant 'reporting' FAKE NEWS!" Minutes later, speaking at an event in the Oval Office, Trump was asked to explain his statement.
"Because they're fake news," he said. "You get so tired of reading and seeing fake news. When you look at CNN, it's just fake. That's why their ratings are no good. When you look at MS NOW … , it's fake news."
"And when you look at Politico ... the stories they wrote are fake. So there's a lot of news and there may be others to join them, and maybe they can get better," he said. "But our country has to have honest news."
#fake #look #House
Like many of Trump's other confrontations with news organizations — some of which are playing out in the legal arena — this threat has potential First Amendment implications. There was no immediate indication, though, that he was following through.
Trump wrote on his social media site that effective immediately, "I am banning" CNN, MS NOW and Politico "from the White House as a result of their constant 'reporting' FAKE NEWS!" Minutes later, speaking at an event in the Oval Office, Trump was asked to explain his statement.
"Because they're fake news," he said. "You get so tired of reading and seeing fake news. When you look at CNN, it's just fake. That's why their ratings are no good. When you look at MS NOW … , it's fake news."
"And when you look at Politico ... the stories they wrote are fake. So there's a lot of news and there may be others to join them, and maybe they can get better," he said. "But our country has to have honest news."
#fake #look #House
1 day ago
Six months into a conflict that has proven complex, costly, and highly unpopular, there remains no end in sight to the war in Iran. That's left the energy market — and the ****** ysts and strategists who study it — with a deep lack of clarity.
"For the first time since the start of the Iran conflict, we don't have a baseline view," commodities strategists at JPMorgan, led by Natasha Kaneva, wrote to clients on Thursday. "We simply don't know how to model the endgame."
As the war enters its seventh month, the conflict has broadened to multiple fronts.
In the mouth of the Persian Gulf, the Strait of Hormuz — the world's most critical chokepoint for global energy flows — remains essentially closed to through traffic as Tehran's Revolutionary Guard Corps continues to threaten vessels in the region. Daily crossings of the waterway have remained in the low double digits, far below the average of more than 120 daily transits before the outbreak of war.
Read more: How oil price shocks ripple through your wallet, from gas to groceries
#Iran
"For the first time since the start of the Iran conflict, we don't have a baseline view," commodities strategists at JPMorgan, led by Natasha Kaneva, wrote to clients on Thursday. "We simply don't know how to model the endgame."
As the war enters its seventh month, the conflict has broadened to multiple fronts.
In the mouth of the Persian Gulf, the Strait of Hormuz — the world's most critical chokepoint for global energy flows — remains essentially closed to through traffic as Tehran's Revolutionary Guard Corps continues to threaten vessels in the region. Daily crossings of the waterway have remained in the low double digits, far below the average of more than 120 daily transits before the outbreak of war.
Read more: How oil price shocks ripple through your wallet, from gas to groceries
#Iran
2 days ago
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America's retirement bill is getting harder to ignore. Social Security is already the largest expenditure in the federal budget, and as more Americans reach retirement age, an increasingly large share of government spending is going toward older Americans. Podcast host and NYU Stern professor Scott Galloway thinks the imbalance is becoming a problem for everyone else.
"We now spend $5 on seniors for every $1 on children. Enough already," Galloway wrote in his "The Grown-Up Tax Bill" column in 2025. He argued that Social Security is part of a much larger transfer of wealth from younger and poorer Americans to an older, wealthier generation.
Don't Miss:
This Jeff Bezos-backed platform lets eligible investors buy fractional shares of rental properties for as little as $100.
#older
America's retirement bill is getting harder to ignore. Social Security is already the largest expenditure in the federal budget, and as more Americans reach retirement age, an increasingly large share of government spending is going toward older Americans. Podcast host and NYU Stern professor Scott Galloway thinks the imbalance is becoming a problem for everyone else.
"We now spend $5 on seniors for every $1 on children. Enough already," Galloway wrote in his "The Grown-Up Tax Bill" column in 2025. He argued that Social Security is part of a much larger transfer of wealth from younger and poorer Americans to an older, wealthier generation.
Don't Miss:
This Jeff Bezos-backed platform lets eligible investors buy fractional shares of rental properties for as little as $100.
#older
2 days ago
In July, Microsoft (MSFT) CEO Satya Nadella surprised AI stock investors with an uncomfortable way to think about what they were buying into.
As I wrote for TheStreet in "Microsoft CEO adds fuel to Palantir CEO's AI warning," Nadella argued that companies weren't merely paying for tokens. Moreover, they were feeding outside models the prompts, corrections, and institutional knowledge that eventually make those systems useful for their users.
"You essentially pay for intelligence twice, once with money, and again with something even more valuable," Nadella wrote in his July essay.
Days later, that warning became a central part of Palantir's bull case. Now, two months on, Palantir and Nvidia, two of the biggest names in the AI ******* e, are starting to act on it.
Palantir CEO Alex Karp pushed the argument further, which I covered in "Palantir CEO escalates Microsoft's AI warning."
#palantir #july #wrote
As I wrote for TheStreet in "Microsoft CEO adds fuel to Palantir CEO's AI warning," Nadella argued that companies weren't merely paying for tokens. Moreover, they were feeding outside models the prompts, corrections, and institutional knowledge that eventually make those systems useful for their users.
"You essentially pay for intelligence twice, once with money, and again with something even more valuable," Nadella wrote in his July essay.
Days later, that warning became a central part of Palantir's bull case. Now, two months on, Palantir and Nvidia, two of the biggest names in the AI ******* e, are starting to act on it.
Palantir CEO Alex Karp pushed the argument further, which I covered in "Palantir CEO escalates Microsoft's AI warning."
#palantir #july #wrote
2 days ago
Alluvium ******* et Management, an ******* et management company, released its "Conventum – Alluvium Global Fund" second-quarter 2026 investor letter. The letter can be downloaded here. The second quarter reflected a sharp shift from geopolitical uncertainty and oil market volatility to a powerful equity rally led by semiconductor companies. Despite the broader market strength, the Fund declined 1.4% in EUR terms, 2.2% in USD terms, and 3.9% in AUD terms. Portfolio results were mixed, with Alphabet benefiting from strong Cloud growth, while Robert Half, H&R Block, and other holdings posted solid gains. However, cable businesses and several healthcare and consumer holdings weighed on performance. Also, check the fund's top five holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, Conventum – Alluvium Global Fund highlighted Robert Half Inc. (NYSE:RHI). Robert Half Inc. (NYSE:RHI) is a leading staffing and consulting company. On September 15, 2026, Robert Half Inc. (NYSE:RHI) closed at $38.30 per share. Over the past month, Robert Half Inc. (NYSE:RHI) declined 12.03% and its shares gained 10.28% over the past 52 weeks. Robert Half Inc. (NYSE:RHI) has a market capitalization of $3.92 billion, and its stock has traded within a 52-week range of $21.83 and $46.70.
Conventum – Alluvium Global Fund stated the following regarding Robert Half Inc. (NYSE:RHI) in its Q2 2026 investor letter:
"We last wrote about Robert Half Inc. (NYSE:RHI) (up 23.5%) in our December report, where we mentioned that hindsight suggests our purchasing during price descents in May, August and October were mistakes. This remains the case - but less so. Our expectation that the recruitment / outplacement market will slowly recover, appears, going by Robert Half's recent results, to be bearing fruit. And management remain cautiously optimistic. We did not trade the stock. The Fund's position is now 2.7%."
Robert Half Inc. (NYSE:RHI) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 30 hedge fund portfolios held Robert Half Inc. (NYSE:RHI) at the end of the second quarter which was 36 in the previous quarter. While we acknowledge the potential of Robert Half Inc. (NYSE:RHI) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
#half #NYSE
In its second-quarter 2026 investor letter, Conventum – Alluvium Global Fund highlighted Robert Half Inc. (NYSE:RHI). Robert Half Inc. (NYSE:RHI) is a leading staffing and consulting company. On September 15, 2026, Robert Half Inc. (NYSE:RHI) closed at $38.30 per share. Over the past month, Robert Half Inc. (NYSE:RHI) declined 12.03% and its shares gained 10.28% over the past 52 weeks. Robert Half Inc. (NYSE:RHI) has a market capitalization of $3.92 billion, and its stock has traded within a 52-week range of $21.83 and $46.70.
Conventum – Alluvium Global Fund stated the following regarding Robert Half Inc. (NYSE:RHI) in its Q2 2026 investor letter:
"We last wrote about Robert Half Inc. (NYSE:RHI) (up 23.5%) in our December report, where we mentioned that hindsight suggests our purchasing during price descents in May, August and October were mistakes. This remains the case - but less so. Our expectation that the recruitment / outplacement market will slowly recover, appears, going by Robert Half's recent results, to be bearing fruit. And management remain cautiously optimistic. We did not trade the stock. The Fund's position is now 2.7%."
Robert Half Inc. (NYSE:RHI) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 30 hedge fund portfolios held Robert Half Inc. (NYSE:RHI) at the end of the second quarter which was 36 in the previous quarter. While we acknowledge the potential of Robert Half Inc. (NYSE:RHI) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
#half #NYSE
2 days ago
The death of a spouse triggers an avalanche of decisions: paperwork, accounts, insurance claims, legal matters and well-meaning relatives with opinions about what to do with the money. Suze Orman's advice for navigating all of it is simple.
"The one crucial piece of advice I have for the surviving spouse is to move slowly and make as few financial decisions as possible," Orman wrote on her website. "The last thing you need is the stress of making big money decisions when grieving is most fierce."
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
The tax breaks in Trump's 'big beautiful bill' expire after 2028. Here are 4 moves to make before the window closes
#advice #make
"The one crucial piece of advice I have for the surviving spouse is to move slowly and make as few financial decisions as possible," Orman wrote on her website. "The last thing you need is the stress of making big money decisions when grieving is most fierce."
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
Dave Ramsey warns nearly 50% of Americans are making 1 big Social Security mistake. Here's what it is and 3 simple steps to fix it ASAP
The tax breaks in Trump's 'big beautiful bill' expire after 2028. Here are 4 moves to make before the window closes
#advice #make
2 days ago
Federal officials acknowledge that President Donald Trump’s planned triumphal arch will unavoidably harm historic sites if built as planned, but they say the project must move forward, according to a National Park Service document and emails obtained by The Washington Post.
Trump’s 250-foot-tall proposed arch would be built in Memorial Circle, a traffic roundabout tucked inside Washington’s boundaries near Arlington National Cemetery. Historic preservationists, veterans groups and others have called on the administration to shrink the monument’s planned size or build it elsewhere, warning that the towering structure would overshadow the cemetery, interrupt the solemn corridor that was intended between the cemetery and the Lincoln Memorial, and create other disruptions.
National Park Service officials agree that the arch would adversely affect the cemetery, the Lincoln Memorial and several dozen other historic sites.
The “adverse effects cannot be fully avoided,” Park Service officials wrote in a document circulated Tuesday and obtained by The Washington Post. But, they said, the project cannot be constructed somewhere else because “the proposed location at Memorial Circle is central to the undertaking,” according to the NPS document.
The document is a proposed agreement that the administration wants local historic-preservation officers to sign onto as part of a federally required process to offer feedback on the project.
#national #document
Trump’s 250-foot-tall proposed arch would be built in Memorial Circle, a traffic roundabout tucked inside Washington’s boundaries near Arlington National Cemetery. Historic preservationists, veterans groups and others have called on the administration to shrink the monument’s planned size or build it elsewhere, warning that the towering structure would overshadow the cemetery, interrupt the solemn corridor that was intended between the cemetery and the Lincoln Memorial, and create other disruptions.
National Park Service officials agree that the arch would adversely affect the cemetery, the Lincoln Memorial and several dozen other historic sites.
The “adverse effects cannot be fully avoided,” Park Service officials wrote in a document circulated Tuesday and obtained by The Washington Post. But, they said, the project cannot be constructed somewhere else because “the proposed location at Memorial Circle is central to the undertaking,” according to the NPS document.
The document is a proposed agreement that the administration wants local historic-preservation officers to sign onto as part of a federally required process to offer feedback on the project.
#national #document
2 days ago
Britain's royal family has taken the unusual step of publicly challenging claims made by Princess Diana's brother, Earl Spencer, in his upcoming memoir.
Departing from the monarchy's traditional "never complain, never explain" approach, Buckingham Palace responded Wednesday to Spencer's recollection of a phone call between himself and King Charles, in the wake of Diana's death in 1997. According to Spencer, the call took place after Spencer objected to Prince William and Prince Harry, then 15 and 12, walking behind their mother's coffin at her funeral.
In an excerpt from the book Swan Song: Diana, My Sister published by Britain's Daily Mail, Spencer wrote, "He unleashed down the phone what I have always taken to be his pent-up contempt for Diana, and his horror that the world was so bowled over by her death. 'Rest ****** ured,' he hissed, 'we'll forget her soon enough.'"
While the palace didn't directly address whether the comment was made, the statement questioned the reliability of Spencer's recollection, saying, "While we do not comment on books as a matter of principle, His Majesty is mindful that the pain of fraternal grief can cloud reason, affect judgment and color memory in ways others do not recognize, even many years after such a loss."
The statement echoes the palace's reaction to claims made by Harry and Meghan Markle during their 2021 interview with Oprah Winfrey that an unnamed royal had made a remark about their son's skin color before he was born and that the monarchy failed to help a suicidal Meghan. A response issued on behalf of Queen Elizabeth II at that time said that "recollections may vary."
#spencer #meghan #palace #taken
Departing from the monarchy's traditional "never complain, never explain" approach, Buckingham Palace responded Wednesday to Spencer's recollection of a phone call between himself and King Charles, in the wake of Diana's death in 1997. According to Spencer, the call took place after Spencer objected to Prince William and Prince Harry, then 15 and 12, walking behind their mother's coffin at her funeral.
In an excerpt from the book Swan Song: Diana, My Sister published by Britain's Daily Mail, Spencer wrote, "He unleashed down the phone what I have always taken to be his pent-up contempt for Diana, and his horror that the world was so bowled over by her death. 'Rest ****** ured,' he hissed, 'we'll forget her soon enough.'"
While the palace didn't directly address whether the comment was made, the statement questioned the reliability of Spencer's recollection, saying, "While we do not comment on books as a matter of principle, His Majesty is mindful that the pain of fraternal grief can cloud reason, affect judgment and color memory in ways others do not recognize, even many years after such a loss."
The statement echoes the palace's reaction to claims made by Harry and Meghan Markle during their 2021 interview with Oprah Winfrey that an unnamed royal had made a remark about their son's skin color before he was born and that the monarchy failed to help a suicidal Meghan. A response issued on behalf of Queen Elizabeth II at that time said that "recollections may vary."
#spencer #meghan #palace #taken
2 days ago
Updated on: September 16, 2026 / 5:45 PM EDT / CBS/AP
Scientists have discovered a crater on the moon that's bigger than the Roman Colosseum and is the result of a powerful impact two years ago that initially went undetected.
The steep-sided hole measured about 728 feet across, the length of two football fields, and up to 141 feet deep, equivalent to three vertically stacked yellow school buses, according to NASA. It's the solar system's biggest known impact crater carved out in recent times.
Such a large-scale event is estimated to occur only once every 132 years, researchers said, making this a treasure trove of information as NASA prepares to build a base for astronauts on the moon.
"This event constitutes a statistically rare, effectively once-in-a-lifetime observation," the scientists wrote in one of two studies appearing on the subject Wednesday in the journal Science Advances.
#crater
Scientists have discovered a crater on the moon that's bigger than the Roman Colosseum and is the result of a powerful impact two years ago that initially went undetected.
The steep-sided hole measured about 728 feet across, the length of two football fields, and up to 141 feet deep, equivalent to three vertically stacked yellow school buses, according to NASA. It's the solar system's biggest known impact crater carved out in recent times.
Such a large-scale event is estimated to occur only once every 132 years, researchers said, making this a treasure trove of information as NASA prepares to build a base for astronauts on the moon.
"This event constitutes a statistically rare, effectively once-in-a-lifetime observation," the scientists wrote in one of two studies appearing on the subject Wednesday in the journal Science Advances.
#crater
3 days ago
As high mortgage rates and elevated home prices continue to crimp housing affordability, Federal Housing Finance Agency's Bill Pulte is seeking cuts to a common "hidden cost" of homeownership.
Targeting private mortgage insurance, which around 800,000 borrowers used to buy homes last year, Pulte is aligning policies between mortgage giants Fannie Mae and Freddie Mac to allow loan servicers to proactively call borrowers when they're eligible to drop their mortgage insurance. Previously, only Freddie Mac allowed servicers to do so.
"If your Home is worth more, or you have paid the loan down far enough, you should be able to drop EXTRA Mortgage Insurance," Pulte wrote in a post on X on Tuesday.
"Right now Fannie Mae will not let your loan company call and tell you that you may qualify because your home has gone up in value! You have to know to ask. Freddie Mac will let them call. That is crazy. We are fixing that. Fannie Mae will follow Freddie's rule: if you may qualify to drop unnecessary extra insurance because your home has gained value, they can contact you and walk you through how to cancel your PMI. You can stop paying for coverage you do not need and keep the money."
Read more: What is private mortgage insurance (PMI)? Definition, cost, and how to avoid it
#freddie #loan #call
Targeting private mortgage insurance, which around 800,000 borrowers used to buy homes last year, Pulte is aligning policies between mortgage giants Fannie Mae and Freddie Mac to allow loan servicers to proactively call borrowers when they're eligible to drop their mortgage insurance. Previously, only Freddie Mac allowed servicers to do so.
"If your Home is worth more, or you have paid the loan down far enough, you should be able to drop EXTRA Mortgage Insurance," Pulte wrote in a post on X on Tuesday.
"Right now Fannie Mae will not let your loan company call and tell you that you may qualify because your home has gone up in value! You have to know to ask. Freddie Mac will let them call. That is crazy. We are fixing that. Fannie Mae will follow Freddie's rule: if you may qualify to drop unnecessary extra insurance because your home has gained value, they can contact you and walk you through how to cancel your PMI. You can stop paying for coverage you do not need and keep the money."
Read more: What is private mortgage insurance (PMI)? Definition, cost, and how to avoid it
#freddie #loan #call
3 days ago
I last wrote about the dollar index on Barchart on July 23, 2026, when I asked if the index that measures the U.S. currency against the world's other leading convertible reserve currencies. I concluded the article with the following:
A weaker dollar, even if the dollar index moves higher, could fuel inflation, pushing prices of all ***** ets higher, including commodities, stocks, cryptocurrencies, and even bonds if central banks turn on liquidity faucets during a crisis as they did in 2020. Higher ***** et prices may only reflect the declining purchasing power of the world's reserve currency.
Dollar Rises on Surging Crude Prices and T-Note Yields
Dollar Edges Higher as Stocks Fall and Crude Oil Rallies
Dollar Supported by Higher Crude Prices and T-Note Yields
#index #yields
A weaker dollar, even if the dollar index moves higher, could fuel inflation, pushing prices of all ***** ets higher, including commodities, stocks, cryptocurrencies, and even bonds if central banks turn on liquidity faucets during a crisis as they did in 2020. Higher ***** et prices may only reflect the declining purchasing power of the world's reserve currency.
Dollar Rises on Surging Crude Prices and T-Note Yields
Dollar Edges Higher as Stocks Fall and Crude Oil Rallies
Dollar Supported by Higher Crude Prices and T-Note Yields
#index #yields
3 days ago
On September 11, Dell Technologies Inc. (NYSE:DELL) shares jumped more than 11% after RBC Capital Markets initiated coverage of the company with an Outperform rating and a price target of $640.
The latest rally adds to an already strong year for Dell Technologies Inc. (NYSE:DELL), with the stock having gained over 300% so far in 2026. The company has become one of the biggest vendors for Nvidia-based servers and related equipment, benefiting from strong demand for AI infrastructure from cloud companies and enterprises.
Photo by Pok Rie on Pexels
RBC ***** yst David Paige wrote in a note that Dell Technologies Inc. (NYSE:DELL) is showing no signs of slowing. RBC believes that the company "continues to be well positioned to benefit from a multi-year AI infrastructure spending cycle."
Paige pointed out that "Dell Technologies Inc.'s (NYSE:DELL) best-in-class supply chain represents a competitive moat that differentiates the company during periods of supply disruption, as customers increasingly turn to Dell Technologies Inc. (NYSE:DELL) for a 'calming hand' during periods of supply volatility/constraints."
#paige
The latest rally adds to an already strong year for Dell Technologies Inc. (NYSE:DELL), with the stock having gained over 300% so far in 2026. The company has become one of the biggest vendors for Nvidia-based servers and related equipment, benefiting from strong demand for AI infrastructure from cloud companies and enterprises.
Photo by Pok Rie on Pexels
RBC ***** yst David Paige wrote in a note that Dell Technologies Inc. (NYSE:DELL) is showing no signs of slowing. RBC believes that the company "continues to be well positioned to benefit from a multi-year AI infrastructure spending cycle."
Paige pointed out that "Dell Technologies Inc.'s (NYSE:DELL) best-in-class supply chain represents a competitive moat that differentiates the company during periods of supply disruption, as customers increasingly turn to Dell Technologies Inc. (NYSE:DELL) for a 'calming hand' during periods of supply volatility/constraints."
#paige
3 days ago
Robert Kiyosaki isn't pulling punches this time. The "Rich Dad Poor Dad" author said on X early Tuesday that the "biggest crash in history has started," pointing to turbulence in Europe and **** an as the opening act of a global downturn he says he predicted more than two decades ago.
Kiyosaki tied his warning to his 2002 book, "Rich Dad's Prophecy," which he said was written to help people "profit and not be victims" of a massive stock and bond market collapse.
He argues that the crash is now unfolding in 2026, driven by a mix of AI mania, geopolitical tensions including the war in Iran, excessive debt levels, and the retirement of the Baby Boom generation.
"In 2026, that crash started, in Europe and **** an and is spreading across the world. It's caused by many factors, the AI frenzy, war in Iran, too much debt, and a retiring Baby Boom generation," he wrote on X.
For investors with 401(k)s, IRAs, or similar retirement accounts, especially those over 40, the message is stark: you may be in trouble unless you act.
#started
Kiyosaki tied his warning to his 2002 book, "Rich Dad's Prophecy," which he said was written to help people "profit and not be victims" of a massive stock and bond market collapse.
He argues that the crash is now unfolding in 2026, driven by a mix of AI mania, geopolitical tensions including the war in Iran, excessive debt levels, and the retirement of the Baby Boom generation.
"In 2026, that crash started, in Europe and **** an and is spreading across the world. It's caused by many factors, the AI frenzy, war in Iran, too much debt, and a retiring Baby Boom generation," he wrote on X.
For investors with 401(k)s, IRAs, or similar retirement accounts, especially those over 40, the message is stark: you may be in trouble unless you act.
#started
3 days ago
The fate of Ed Sheeran's Loop Tour is suddenly uncertain after all of the British singer's remaining opening acts quit in solidarity with the rapper Macklemore, who was dropped from the remaining North American dates over pro-Palestinian comments.
Hours after Sheeran released a statement saying it was the promoter's decision to remove Macklemore from the tour and not his, the rest of his supporting acts — Irish singer Aaron Rowe, Danish pop band Lukas Graham and songwriter Finneas — as well as Sheeran's house band, Beoga, announced that they were pulling out in protest.
"Artists must not be silenced when they speak up for the oppressed," Finneas, the brother of Billie Eilish, wrote in a note posted to Instagram. "I have decided to withdraw from my upcoming tour dates with Ed Sheeran. I stand with Palestine and its people."
The Irish artists cited their country's history of oppression in their decisions to drop out.
"I don't take the decision lightly. Ed has been a friend to me and has changed my life, I could never thank him enough for this," Rowe wrote in his own Instagram post. "But as Irish people we know all too well about genocide, forced famine and violent occupation. I cannot stand by and allow billionaires to use their position of power to silence the rightful voices of those who speak up against Israeli genocide and who highlight the savage murder of children."
#irish #Instagram
Hours after Sheeran released a statement saying it was the promoter's decision to remove Macklemore from the tour and not his, the rest of his supporting acts — Irish singer Aaron Rowe, Danish pop band Lukas Graham and songwriter Finneas — as well as Sheeran's house band, Beoga, announced that they were pulling out in protest.
"Artists must not be silenced when they speak up for the oppressed," Finneas, the brother of Billie Eilish, wrote in a note posted to Instagram. "I have decided to withdraw from my upcoming tour dates with Ed Sheeran. I stand with Palestine and its people."
The Irish artists cited their country's history of oppression in their decisions to drop out.
"I don't take the decision lightly. Ed has been a friend to me and has changed my life, I could never thank him enough for this," Rowe wrote in his own Instagram post. "But as Irish people we know all too well about genocide, forced famine and violent occupation. I cannot stand by and allow billionaires to use their position of power to silence the rightful voices of those who speak up against Israeli genocide and who highlight the savage murder of children."
#irish #Instagram
3 days ago
Palantir stock has had a rough stretch. A 5-star Wall Street **** yst just said the market is reading the company wrong.
UBS **** yst Karl Keirstead raised his price target on Palantir Technologies to $250 from $220 on Sept. 15, reiterating his Buy rating, according to CNBC. At Palantir's Sept. 14 closing price of roughly $173, the new target implies about 44% upside.
Keirstead's updated view stemmed directly from Palantir's Sept. 10 AIPCon11 event, where Palantir brought together customers, executives, and partners to discuss how companies are deploying its AI platform in real operations.
"Our view of Palantir as the best AI enabler in the market, making frontier models and AI useful in large enterprises, was, if anything, bolstered by these conversations, and demand momentum seems robust," Keirstead wrote in a note shared with clients.
He described three points that stood out from the event. Customer conversations kept coming back to AI sovereignty, the idea that enterprises and governments want control over their own data and AI infrastructure, rather than handing it to a small number of large cloud providers.
#analyst #market #target #Event
UBS **** yst Karl Keirstead raised his price target on Palantir Technologies to $250 from $220 on Sept. 15, reiterating his Buy rating, according to CNBC. At Palantir's Sept. 14 closing price of roughly $173, the new target implies about 44% upside.
Keirstead's updated view stemmed directly from Palantir's Sept. 10 AIPCon11 event, where Palantir brought together customers, executives, and partners to discuss how companies are deploying its AI platform in real operations.
"Our view of Palantir as the best AI enabler in the market, making frontier models and AI useful in large enterprises, was, if anything, bolstered by these conversations, and demand momentum seems robust," Keirstead wrote in a note shared with clients.
He described three points that stood out from the event. Customer conversations kept coming back to AI sovereignty, the idea that enterprises and governments want control over their own data and AI infrastructure, rather than handing it to a small number of large cloud providers.
#analyst #market #target #Event
3 days ago
Robert Kiyosaki isn't pulling punches this time. The "Rich Dad Poor Dad" author said on X early Tuesday that the "biggest crash in history has started," pointing to turbulence in Europe and ****** an as the opening act of a global downturn he says he predicted more than two decades ago.
Kiyosaki tied his warning to his 2002 book, "Rich Dad's Prophecy," which he said was written to help people "profit and not be victims" of a massive stock and bond market collapse.
He argues that the crash is now unfolding in 2026, driven by a mix of AI mania, geopolitical tensions including the war in Iran, excessive debt levels, and the retirement of the Baby Boom generation.
"In 2026, that crash started, in Europe and ****** an and is spreading across the world. It's caused by many factors, the AI frenzy, war in Iran, too much debt, and a retiring Baby Boom generation," he wrote on X.
For investors with 401(k)s, IRAs, or similar retirement accounts, especially those over 40, the message is stark: you may be in trouble unless you act.
#crash #rich #Japan #Iran
Kiyosaki tied his warning to his 2002 book, "Rich Dad's Prophecy," which he said was written to help people "profit and not be victims" of a massive stock and bond market collapse.
He argues that the crash is now unfolding in 2026, driven by a mix of AI mania, geopolitical tensions including the war in Iran, excessive debt levels, and the retirement of the Baby Boom generation.
"In 2026, that crash started, in Europe and ****** an and is spreading across the world. It's caused by many factors, the AI frenzy, war in Iran, too much debt, and a retiring Baby Boom generation," he wrote on X.
For investors with 401(k)s, IRAs, or similar retirement accounts, especially those over 40, the message is stark: you may be in trouble unless you act.
#crash #rich #Japan #Iran
3 days ago
Alluvium ***** et Management, an ***** et management company, released its "Conventum – Alluvium Global Fund" second-quarter 2026 investor letter. The letter can be downloaded here. The second quarter reflected a sharp shift from geopolitical uncertainty and oil market volatility to a powerful equity rally led by semiconductor companies. Despite the broader market strength, the Fund declined 1.4% in EUR terms, 2.2% in USD terms, and 3.9% in AUD terms. Portfolio results were mixed, with Alphabet benefiting from strong Cloud growth, while Robert Half, H&R Block, and other holdings posted solid gains. However, cable businesses and several healthcare and consumer holdings weighed on performance. Also, check the fund's top five holdings to see its best picks in 2026.
In its second-quarter 2026 investor letter, Conventum – Alluvium Global Fund highlighted Robert Half Inc. (NYSE:RHI). Robert Half Inc. (NYSE:RHI) is a leading staffing and consulting company. On September 15, 2026, Robert Half Inc. (NYSE:RHI) closed at $38.30 per share. Over the past month, Robert Half Inc. (NYSE:RHI) declined 12.03% and its shares gained 10.28% over the past 52 weeks. Robert Half Inc. (NYSE:RHI) has a market capitalization of $3.92 billion, and its stock has traded within a 52-week range of $21.83 and $46.70.
Conventum – Alluvium Global Fund stated the following regarding Robert Half Inc. (NYSE:RHI) in its Q2 2026 investor letter:
"We last wrote about Robert Half Inc. (NYSE:RHI) (up 23.5%) in our December report, where we mentioned that hindsight suggests our purchasing during price descents in May, August and October were mistakes. This remains the case - but less so. Our expectation that the recruitment / outplacement market will slowly recover, appears, going by Robert Half's recent results, to be bearing fruit. And management remain cautiously optimistic. We did not trade the stock. The Fund's position is now 2.7%."
Robert Half Inc. (NYSE:RHI) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 30 hedge fund portfolios held Robert Half Inc. (NYSE:RHI) at the end of the second quarter which was 36 in the previous quarter. While we acknowledge the potential of Robert Half Inc. (NYSE:RHI) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
#half #quarter #global #letter
In its second-quarter 2026 investor letter, Conventum – Alluvium Global Fund highlighted Robert Half Inc. (NYSE:RHI). Robert Half Inc. (NYSE:RHI) is a leading staffing and consulting company. On September 15, 2026, Robert Half Inc. (NYSE:RHI) closed at $38.30 per share. Over the past month, Robert Half Inc. (NYSE:RHI) declined 12.03% and its shares gained 10.28% over the past 52 weeks. Robert Half Inc. (NYSE:RHI) has a market capitalization of $3.92 billion, and its stock has traded within a 52-week range of $21.83 and $46.70.
Conventum – Alluvium Global Fund stated the following regarding Robert Half Inc. (NYSE:RHI) in its Q2 2026 investor letter:
"We last wrote about Robert Half Inc. (NYSE:RHI) (up 23.5%) in our December report, where we mentioned that hindsight suggests our purchasing during price descents in May, August and October were mistakes. This remains the case - but less so. Our expectation that the recruitment / outplacement market will slowly recover, appears, going by Robert Half's recent results, to be bearing fruit. And management remain cautiously optimistic. We did not trade the stock. The Fund's position is now 2.7%."
Robert Half Inc. (NYSE:RHI) is not on our list of the 40 Most Popular Stocks Among Hedge Funds. As per our database, 30 hedge fund portfolios held Robert Half Inc. (NYSE:RHI) at the end of the second quarter which was 36 in the previous quarter. While we acknowledge the potential of Robert Half Inc. (NYSE:RHI) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
#half #quarter #global #letter
3 days ago
Robert Kiyosaki isn't pulling punches this time. The "Rich Dad Poor Dad" author said on X early Tuesday that the "biggest crash in history has started," pointing to turbulence in Europe and ***** an as the opening act of a global downturn he says he predicted more than two decades ago.
Kiyosaki tied his warning to his 2002 book, "Rich Dad's Prophecy," which he said was written to help people "profit and not be victims" of a massive stock and bond market collapse.
He argues that the crash is now unfolding in 2026, driven by a mix of AI mania, geopolitical tensions including the war in Iran, excessive debt levels, and the retirement of the Baby Boom generation.
"In 2026, that crash started, in Europe and ***** an and is spreading across the world. It's caused by many factors, the AI frenzy, war in Iran, too much debt, and a retiring Baby Boom generation," he wrote on X.
For investors with 401(k)s, IRAs, or similar retirement accounts, especially those over 40, the message is stark: you may be in trouble unless you act.
#kiyosaki #Iran #boom #started
Kiyosaki tied his warning to his 2002 book, "Rich Dad's Prophecy," which he said was written to help people "profit and not be victims" of a massive stock and bond market collapse.
He argues that the crash is now unfolding in 2026, driven by a mix of AI mania, geopolitical tensions including the war in Iran, excessive debt levels, and the retirement of the Baby Boom generation.
"In 2026, that crash started, in Europe and ***** an and is spreading across the world. It's caused by many factors, the AI frenzy, war in Iran, too much debt, and a retiring Baby Boom generation," he wrote on X.
For investors with 401(k)s, IRAs, or similar retirement accounts, especially those over 40, the message is stark: you may be in trouble unless you act.
#kiyosaki #Iran #boom #started
5 days ago
Brian Ortega is hurt – in more ways than one.
Hours after the promotion announced his withdrawal from UFC 331, Ortega (16-5 MMA, 8-5 UFC) shed light on why he pulled out of his scheduled main card bout vs. Renato Moicano just five days prior to Saturday's event at Crypto.com Arena in Los Angeles.
As speculated, Ortega suffered a nasty gash over his right eye in training, requiring stitches and resulting in significant swelling. Ortega shares photos of the injury, as well as video from the aftermath of it happening in training.
"This one hurts," Ortega wrote on Instagram. "I have to pull out of the fight because of the stitches in my eye. I'm on weight, I've been training my ******* off, and this has honestly been one of the best camps I've ever had. I was really looking forward to fighting at home in Los Angeles in front of my family, friends, and everyone who's been supporting me.
"My next fight is in soon, so I'm getting right back to training. We've brought some new people into camp and I'm excited to show you guys a new side of me. Thank you to everyone who's been supporting me through all of this. I'll see you guys in November."
#angeles #i 've #right #stitches
Hours after the promotion announced his withdrawal from UFC 331, Ortega (16-5 MMA, 8-5 UFC) shed light on why he pulled out of his scheduled main card bout vs. Renato Moicano just five days prior to Saturday's event at Crypto.com Arena in Los Angeles.
As speculated, Ortega suffered a nasty gash over his right eye in training, requiring stitches and resulting in significant swelling. Ortega shares photos of the injury, as well as video from the aftermath of it happening in training.
"This one hurts," Ortega wrote on Instagram. "I have to pull out of the fight because of the stitches in my eye. I'm on weight, I've been training my ******* off, and this has honestly been one of the best camps I've ever had. I was really looking forward to fighting at home in Los Angeles in front of my family, friends, and everyone who's been supporting me.
"My next fight is in soon, so I'm getting right back to training. We've brought some new people into camp and I'm excited to show you guys a new side of me. Thank you to everyone who's been supporting me through all of this. I'll see you guys in November."
#angeles #i 've #right #stitches
5 days ago
Brittany Mahomes celebrated after her husband Patrick Mahomes ran in a touchdown for the Kansas City Chiefs in their season opener on Monday, Sept. 14
"HESSSS BACKKKKKKKKKK," Brittany wrote in an Instagram Story as Chiefs Nation celebrated the touchdown
Mahomes tore both the ACL and LCL in his left knee during a game in December 2025 and has been working to rehab it all offseason
Brittany Mahomes is loving her husband's return to the field.
Brittany, 31, celebrated as her husband Patrick Mahomes scored a touchdown in the first quarter of the Kansas City Chiefs' season opener against the Denver Broncos on Monday, Sept. 14.
#sept
"HESSSS BACKKKKKKKKKK," Brittany wrote in an Instagram Story as Chiefs Nation celebrated the touchdown
Mahomes tore both the ACL and LCL in his left knee during a game in December 2025 and has been working to rehab it all offseason
Brittany Mahomes is loving her husband's return to the field.
Brittany, 31, celebrated as her husband Patrick Mahomes scored a touchdown in the first quarter of the Kansas City Chiefs' season opener against the Denver Broncos on Monday, Sept. 14.
#sept
5 days ago
Fourteen years ago, Ken Jouppi, who had operated a charter airplane business in Alaska since the 1970s, agreed to fly a passenger from Fairbanks to Beaver, one of the state's dry jurisdictions. The passenger's luggage included 72 cans of Budweiser and Bud Light, which she planned to share with her husband on his birthday. Although most of the beer was boxed, a six-pack "was packed only in a grocery bag and would have been in plain view to Jouppi as he was loading the airplane," the Alaska Supreme Court noted last year.
State troopers discovered the beer before the plane took off, and Jouppi was convicted of a misdemeanor. The trial court, which concluded that Jouppi had been "willfully blind" to the six-pack, sentenced him to three days in jail and a $1,500 fine. But state law mandated another punishment that was 63 times as severe: forfeiture of Jouppi's $95,000 airplane. Although that penalty seemed grossly disproportionate, the Alaska Supreme Court ruled that it did not violate the Eighth Amendment's ban on excessive fines.
In July, responding to a petition filed by the Institute for Justice, the U.S. Supreme Court agreed to review that decision. It will hear oral argument in Jouppi v. Alaska on December 1. In a brief supporting Jouppi's appeal that it filed last week, the Cato Institute argues that the Alaska Supreme Court erred by failing to consider the gravity of his conduct and the financial consequences of the forfeiture. Both of those factors, Cato attorney Matthew Cavedon says, have been central to the common-law understanding of excessive fines for eight centuries.
"The Eighth Amendment was designed to prevent this kind of abuse by limiting excessive fines," Cavedon writes. "Long before the United States was founded, the common law protected people from extreme monetary penalties. But the Alaska Supreme Court's view is that challenges to excessive fines 'should rarely succeed.' This dismissive view led it to conclude that there is nothing excessive about the forfeiture of an airplane worth 'only 9.5 times the maximum fine'—and over 60 times the fine actually imposed. The decision below cannot be reconciled with this Court's precedent or the Excessive Fines Clause's original meaning."
In weighing the proportionality of the airplane forfeiture, the Alaska Supreme Court thought the relevant consideration was the harm caused by excessive drinking. "Alcohol abuse in rural Alaska leads to increased crime; disorders, such as alcoholism; conditions, such as fetal alcohol spectrum disorder; and death, imposing substantial costs on public health and the administration of justice," Justice Jude Pate wrote in the majority opinion. "Within this context, it is clear that the illegal importation of even a six-pack of beer causes grave societal harm."
#court #excessive #jouppi
State troopers discovered the beer before the plane took off, and Jouppi was convicted of a misdemeanor. The trial court, which concluded that Jouppi had been "willfully blind" to the six-pack, sentenced him to three days in jail and a $1,500 fine. But state law mandated another punishment that was 63 times as severe: forfeiture of Jouppi's $95,000 airplane. Although that penalty seemed grossly disproportionate, the Alaska Supreme Court ruled that it did not violate the Eighth Amendment's ban on excessive fines.
In July, responding to a petition filed by the Institute for Justice, the U.S. Supreme Court agreed to review that decision. It will hear oral argument in Jouppi v. Alaska on December 1. In a brief supporting Jouppi's appeal that it filed last week, the Cato Institute argues that the Alaska Supreme Court erred by failing to consider the gravity of his conduct and the financial consequences of the forfeiture. Both of those factors, Cato attorney Matthew Cavedon says, have been central to the common-law understanding of excessive fines for eight centuries.
"The Eighth Amendment was designed to prevent this kind of abuse by limiting excessive fines," Cavedon writes. "Long before the United States was founded, the common law protected people from extreme monetary penalties. But the Alaska Supreme Court's view is that challenges to excessive fines 'should rarely succeed.' This dismissive view led it to conclude that there is nothing excessive about the forfeiture of an airplane worth 'only 9.5 times the maximum fine'—and over 60 times the fine actually imposed. The decision below cannot be reconciled with this Court's precedent or the Excessive Fines Clause's original meaning."
In weighing the proportionality of the airplane forfeiture, the Alaska Supreme Court thought the relevant consideration was the harm caused by excessive drinking. "Alcohol abuse in rural Alaska leads to increased crime; disorders, such as alcoholism; conditions, such as fetal alcohol spectrum disorder; and death, imposing substantial costs on public health and the administration of justice," Justice Jude Pate wrote in the majority opinion. "Within this context, it is clear that the illegal importation of even a six-pack of beer causes grave societal harm."
#court #excessive #jouppi
5 days ago
NFL rumors: Cowboys named Joey Porter Jr. trade fit, and it makes sense appeared first on ClutchPoints. Add ClutchPoints as a Preferred Source by clicking here.
It was a tough Week 1 for the Dallas Cowboys. The same can be said for Steelers CB Joey Porter Jr. The Cowboys have been named a trade fit for Porter, and it makes even more sense after the disaster against the Giants.
The Cowboys landed at the top of Fowler's list of potential partners, according to ESPN.
"Dallas has been looking for cornerback help, though more so in the bargain bin to this point," Jeremy Fowler wrote. "The franchise has trade-market rapport with Pittsburgh GM Omar Khan. The sides have reached deals in back-to-back offseasons, as Dallas traded for wide receiver George Pickens in May 2025 and offensive tackle Broderick Jones on Aug. 29.
Watch sports LIVE with fuboTV (free trial)
#trade
It was a tough Week 1 for the Dallas Cowboys. The same can be said for Steelers CB Joey Porter Jr. The Cowboys have been named a trade fit for Porter, and it makes even more sense after the disaster against the Giants.
The Cowboys landed at the top of Fowler's list of potential partners, according to ESPN.
"Dallas has been looking for cornerback help, though more so in the bargain bin to this point," Jeremy Fowler wrote. "The franchise has trade-market rapport with Pittsburgh GM Omar Khan. The sides have reached deals in back-to-back offseasons, as Dallas traded for wide receiver George Pickens in May 2025 and offensive tackle Broderick Jones on Aug. 29.
Watch sports LIVE with fuboTV (free trial)
#trade
5 days ago
Three and a half years of freight recession did two things to the truck financing market at once. It shredded the credit profiles of the carriers who most needed to borrow. It also pushed a large share of the lenders who would have lent to them out of the sector. Both are now rationing the equipment replacement cycle the industry has spent two years waiting on.
Kirk Mann stayed in. As executive vice president and general manager of the transportation vendor solutions business at Mitsubishi HC Capital America, he financed trucks through the entire downturn and watched a great many of them come back.
"There are a lot of lenders, banks that left, and so we've had the benefit of being one of the lenders actually lending money in this ****** e," Mann said in an interview with FreightWaves. What competition remains is mostly OEM captive finance arms, a couple of large independents and a few bank-led groups, he said.
The carriers that did not survive were overwhelmingly the newest. On average, 85% of motor carriers with fewer than two years of operating experience and their own operating authority failed over a three-year stretch of the downturn, Mann said.
Back in January 2023, Mann sat in Mitsubishi HC Capital's Chicago offices with Wayne Pass, the company's chief credit officer for vendor solutions, since retired. He asked what a Freightliner Cascadia 13-speed with a tall sleeper and fewer than 500,000 miles was worth. Both men wrote down $45,000. Mann then asked what the company was financing those trucks at. About $110,000.
#mitsubishi #back #financing #large
Kirk Mann stayed in. As executive vice president and general manager of the transportation vendor solutions business at Mitsubishi HC Capital America, he financed trucks through the entire downturn and watched a great many of them come back.
"There are a lot of lenders, banks that left, and so we've had the benefit of being one of the lenders actually lending money in this ****** e," Mann said in an interview with FreightWaves. What competition remains is mostly OEM captive finance arms, a couple of large independents and a few bank-led groups, he said.
The carriers that did not survive were overwhelmingly the newest. On average, 85% of motor carriers with fewer than two years of operating experience and their own operating authority failed over a three-year stretch of the downturn, Mann said.
Back in January 2023, Mann sat in Mitsubishi HC Capital's Chicago offices with Wayne Pass, the company's chief credit officer for vendor solutions, since retired. He asked what a Freightliner Cascadia 13-speed with a tall sleeper and fewer than 500,000 miles was worth. Both men wrote down $45,000. Mann then asked what the company was financing those trucks at. About $110,000.
#mitsubishi #back #financing #large
5 days ago
The Cincinnati Enquirer once again is offering a new weekly feature recognizing the accomplishments of cheerleaders, dance team members and their squads: The Spirit Award.
Much like the popular athlete of the week voting, school fans and friends voted on two weekly ballots (individual and team) for The Spirit Award. Only coaches can provide nominations each week, either for their squads or other teams.
Eligible are varsity girls and boys cheerleaders and dancers who exemplify the fruits of the spirit ‒ love, joy, peace, patience, kindness, goodness, faithfulness, gentleness, and self-control – while uplifting their squads, the student body and others. Team nominations focus on squads that come together to help each other, work hard, do things right that week, show outstanding virtues when dealing with or serving others, exceed expectations to prepare something special for the school or take part in any other honorable reason they might be acknowledged.
This week's Spirit Award winners are:
"She is an outstanding example of leadership, character, and service within our school community. Scarlett is our varsity cheer captain and sole senior cheerleader, and she has embraced that role with maturity, selflessness, and a genuine desire to make those around her better," wrote her coach, Alicia Wall, in an email to The Enquirer.
#team #weekly #nominations
Much like the popular athlete of the week voting, school fans and friends voted on two weekly ballots (individual and team) for The Spirit Award. Only coaches can provide nominations each week, either for their squads or other teams.
Eligible are varsity girls and boys cheerleaders and dancers who exemplify the fruits of the spirit ‒ love, joy, peace, patience, kindness, goodness, faithfulness, gentleness, and self-control – while uplifting their squads, the student body and others. Team nominations focus on squads that come together to help each other, work hard, do things right that week, show outstanding virtues when dealing with or serving others, exceed expectations to prepare something special for the school or take part in any other honorable reason they might be acknowledged.
This week's Spirit Award winners are:
"She is an outstanding example of leadership, character, and service within our school community. Scarlett is our varsity cheer captain and sole senior cheerleader, and she has embraced that role with maturity, selflessness, and a genuine desire to make those around her better," wrote her coach, Alicia Wall, in an email to The Enquirer.
#team #weekly #nominations
5 days ago
It was difficult for Alex Bowman to hold back his emotions after Sunday's Enjoy Illinois 300 at World Wide Technology Raceway. The driver of the No. 48 turned in his best performance of the 2026 NASCAR Cup Series season, placing runner-up to Hendrick Motorsports teammate Kyle Larson.
The strong run at Gateway meant a little more to Bowman. Just prior to Sunday's race, Bowman revealed that his dog, Finn, who he called his best friend, sadly passed away. As the Arizona native reflected on his top-five performance at Gateway, he fought back tears in what has been an emotional weekend.
One day prior to Sunday's Enjoy Illinois 300 at WWT Raceway, Bowman took to social media to announce the heartbreaking passing of his dog.
"I don't know how to say this out loud, but last night I lost my best friend. You only get a dog like Finn once in a lifetime. He was just the best," he wrote.
As Bowman spoke to USA Network's Dave Burns, he tried to keep himself together as he expressed appreciation for his No. 48 HMS team for helping him through the devastating loss.
#illinois #back #performance
The strong run at Gateway meant a little more to Bowman. Just prior to Sunday's race, Bowman revealed that his dog, Finn, who he called his best friend, sadly passed away. As the Arizona native reflected on his top-five performance at Gateway, he fought back tears in what has been an emotional weekend.
One day prior to Sunday's Enjoy Illinois 300 at WWT Raceway, Bowman took to social media to announce the heartbreaking passing of his dog.
"I don't know how to say this out loud, but last night I lost my best friend. You only get a dog like Finn once in a lifetime. He was just the best," he wrote.
As Bowman spoke to USA Network's Dave Burns, he tried to keep himself together as he expressed appreciation for his No. 48 HMS team for helping him through the devastating loss.
#illinois #back #performance
5 days ago
Jose Delgado will be back.
The rising Ultimate Fighting Championship (UFC) Featherweight prospect suffered a third-round submission loss to top Brazilian contender Jean Silva in the main event of Noche UFC 4 this past weekend (Sat., Sept. 12, 2026) inside Desert Diamond Arena in Glendale, Arizona (watch highlights).
Delgado accepted the biggest opportunity of his career on approximately three weeks' notice, replacing former interim Featherweight champion Yair Rodriguez and headlining a UFC event in front of his hometown crowd.
After taking a day to gather his thoughts, Delgado released a statement addressing the first main event loss of his UFC career.
"Well, ***** , so it goes," Delgado wrote on Instagram. "Dared to be great yesterday and came up short. But man, I loved every second of being on that stage with high-level opposition; that includes the heartbreaking pain of failure. Pure freedom. Insert something cliche about bouncing back here. Thank you to God for His guidance and my village for backing me. Also, thanks to everyone in that arena for making that walk what it was. Love y'all."
#main
The rising Ultimate Fighting Championship (UFC) Featherweight prospect suffered a third-round submission loss to top Brazilian contender Jean Silva in the main event of Noche UFC 4 this past weekend (Sat., Sept. 12, 2026) inside Desert Diamond Arena in Glendale, Arizona (watch highlights).
Delgado accepted the biggest opportunity of his career on approximately three weeks' notice, replacing former interim Featherweight champion Yair Rodriguez and headlining a UFC event in front of his hometown crowd.
After taking a day to gather his thoughts, Delgado released a statement addressing the first main event loss of his UFC career.
"Well, ***** , so it goes," Delgado wrote on Instagram. "Dared to be great yesterday and came up short. But man, I loved every second of being on that stage with high-level opposition; that includes the heartbreaking pain of failure. Pure freedom. Insert something cliche about bouncing back here. Thank you to God for His guidance and my village for backing me. Also, thanks to everyone in that arena for making that walk what it was. Love y'all."
#main
5 days ago
NHL rumors: Blue Jackets fans won't love Pierre LeBrun's Adam Fantilli update appeared first on ClutchPoints. Add ClutchPoints as a Preferred Source by clicking here.
Members of the Columbus Blue Jackets are set to arrive for camp on September 16, with the first on-ice workouts scheduled for the next day. Earlier on Monday, the Blue Jackets added Cam Talbot to the team, bringing in another netminder for camp.
Still, there is one player on the roster who may not be on the ice on September 17. Adam Fantilli is still without a contract from the team, and talks with the restricted free agent are going slowly, according to Pierre LeBrun of The Athletic.
"Adam Fantilli remained unsigned Monday ahead of Blue Jackets camp opening this week. The sides continue to talk, which is good, but there's a sizeable gap to overcome. 'Very slow' was how one source described things," LeBrun wrote. "That negotiation needs a positive uptick. The slowness certainly hasn't been for a lack of effort from either side this summer. There have been offers and counter-offers, but they're just not there yet."
Watch sports LIVE with fuboTV (free trial)
#camp #clutchpoints #september #lebrun
Members of the Columbus Blue Jackets are set to arrive for camp on September 16, with the first on-ice workouts scheduled for the next day. Earlier on Monday, the Blue Jackets added Cam Talbot to the team, bringing in another netminder for camp.
Still, there is one player on the roster who may not be on the ice on September 17. Adam Fantilli is still without a contract from the team, and talks with the restricted free agent are going slowly, according to Pierre LeBrun of The Athletic.
"Adam Fantilli remained unsigned Monday ahead of Blue Jackets camp opening this week. The sides continue to talk, which is good, but there's a sizeable gap to overcome. 'Very slow' was how one source described things," LeBrun wrote. "That negotiation needs a positive uptick. The slowness certainly hasn't been for a lack of effort from either side this summer. There have been offers and counter-offers, but they're just not there yet."
Watch sports LIVE with fuboTV (free trial)
#camp #clutchpoints #september #lebrun
