A view of the site of a car crash on Jupiter Island in Florida involving Tiger Woods on March 27, 2026. Courtesy: WPTV-TV Golf legend Tiger Woods was involved in a rollover car crash in Florida on Friday, the Martin County Sheriff said in a statement. The crash occurred just after 2:00 p.m. ET on Jupiter Island, where Woods resides. No further details about the incident were available, but local m...
A view of the site of a car crash on Jupiter Island in Florida involving Tiger Woods on March 27, 2026. Courtesy: WPTV-TV Golf legend Tiger Woods was involved in a rollover car crash in Florida on Friday, the Martin County Sheriff said in a statement. The crash occurred just after 2:00 p.m. ET on Jupiter Island, where Woods resides. No further details about the incident were available, but local media reported there were no injuries. Officials will be providing an update at 5 p.m. ET. Woods has been recovering from various injuries that he sustained in a previous car crash in 2021 in Southern California. On Tuesday, Woods made his season debut at TGL Golf, the professional indoor golf league he founded alongside Rory McIlroy. CNBC has reached out to the PGA Tour, Woods' agent, and TGL but has not immediately heard back. Get the CNBC Sport newsletter directly to your inbox The CNBC Sport newsletter with Alex Sherman brings you the biggest news and exclusive interviews from the worlds of sports business and media, delivered weekly to your inbox. Subscribe here to get access today . Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
Douglas Rissing/iStock via Getty Images The Federal Reserve returned to a policy of quantitative easing around December 1, 2025. Since then, the amount of securities held outright has increased. Here is the picture of the securities portfolio since the last Wednesday in November. Securities Held Outright (Federal Reserve) The securities portfolio has increased by $126.9 billion since then. The "wa...
Douglas Rissing/iStock via Getty Images The Federal Reserve returned to a policy of quantitative easing around December 1, 2025. Since then, the amount of securities held outright has increased. Here is the picture of the securities portfolio since the last Wednesday in November. Securities Held Outright (Federal Reserve) The securities portfolio has increased by $126.9 billion since then. The "war" with Iran began on Saturday, February 28, 2026. The Fed's portfolio of securities has increased by $39.7 billion since February 25, 2026, the last Wednesday reporting date before February 28. Securities Held Outright (Federal Reserve) Looking at these increases in another way, in the "first" part of the quantitative easing, the portfolio increased, on average, $6.4 billion per week. In the "second" part of the quantitative easing, the part related to the time the U.S. was at "war" with Iran, the portfolio increased, on average, $9.9 billion per week. So, there was a modest increase in the weekly acquisition of securities for the Fed's securities portfolio in the weeks following the start of the Iran adventure. The interest here has to do with the speed at which the Fed is adding securities to its portfolio. If the Fed has stepped up the speed at which it is adding securities to its portfolio, one could argue that the "war" was resulting in this faster accumulation of securities. This "increase" could be associated with the government's effort to cause the Fed to accelerate the increase in the securities portfolio, something that President Trump had been hoping Fed Chairman Jerome Powell would do. The "war" effort could be achieving Trump's goal. Trump had expressed hope that if the Fed injected more reserves into the banking system, the Fed's policy rate of interest could be reduced to a much lower level. Even with the added reserves coming into the banking system, market conditions do not seem ready for further reductions in the Fed's policy rate of interest. Unfortunat...
Dominique Toublan, head of US credit strategy at Barclays, says the concerns surrounding private credit are not systemic. He joins Scarlet Fu alongside Winnie Cisar, global head of credit strategy at CreditSights, on "Bloomberg Real Yield." (Source: Bloomberg)
Dominique Toublan, head of US credit strategy at Barclays, says the concerns surrounding private credit are not systemic. He joins Scarlet Fu alongside Winnie Cisar, global head of credit strategy at CreditSights, on "Bloomberg Real Yield." (Source: Bloomberg)
The war in Iran has reshaped the dynamics between the United States and China, delaying a planned summit between President Trump and President Xi and exposing competing priorities. Former US Ambassador to China Nicholas Burns says Beijing is balancing its political ties to Iran with its deeper economic reliance on Gulf energy supplies, while avoiding direct involvement in the conflict. As Washingt...
The war in Iran has reshaped the dynamics between the United States and China, delaying a planned summit between President Trump and President Xi and exposing competing priorities. Former US Ambassador to China Nicholas Burns says Beijing is balancing its political ties to Iran with its deeper economic reliance on Gulf energy supplies, while avoiding direct involvement in the conflict. As Washington and Beijing look ahead to renewed talks on trade, supply chains, and security, the episode highlights both the limits of China’s global influence and the broader competition between the two powers. (Source: Bloomberg)
SoundHound AI (NASDAQ: SOUN) is having a rough 2026. The stock is down 71% from its October highs. Short-sellers have piled in, with more than 35% of shares on loan to bearish investors. If you bought at the peak, you're not having fun right now. But here's the thing: SoundHound AI the company is doing fine, even while the stock suffers. Trading below $7 per share as of March 25, it looks like a s...
SoundHound AI (NASDAQ: SOUN) is having a rough 2026. The stock is down 71% from its October highs. Short-sellers have piled in, with more than 35% of shares on loan to bearish investors. If you bought at the peak, you're not having fun right now. But here's the thing: SoundHound AI the company is doing fine, even while the stock suffers. Trading below $7 per share as of March 25, it looks like a steal right now. Image source: The Motley Fool. Continue reading
CreditSights Global Head of Credit Strategy Winnie Cisar discusses risks in credit and junk bonds in an interview with Scarlet Fu on "Real Yield." (Source: Bloomberg)
CreditSights Global Head of Credit Strategy Winnie Cisar discusses risks in credit and junk bonds in an interview with Scarlet Fu on "Real Yield." (Source: Bloomberg)
Ron and Patty Thomas/E+ via Getty Images Duke Energy Corporation ( DUK ) offers a low-risk 8% to 10% total return profile annually from its long-term EPS growth estimates being aggregated with its dividend yield, but faces near-term volatility as spiking inflation and Treasury yields look set to spark a dip in bond proxies. DUK last declared a quarterly cash dividend of $1.0650 per share , kept un...
Ron and Patty Thomas/E+ via Getty Images Duke Energy Corporation ( DUK ) offers a low-risk 8% to 10% total return profile annually from its long-term EPS growth estimates being aggregated with its dividend yield, but faces near-term volatility as spiking inflation and Treasury yields look set to spark a dip in bond proxies. DUK last declared a quarterly cash dividend of $1.0650 per share , kept unchanged from its prior distribution, and $4.26 per share annualized for a 3.29% dividend yield. The utility is also guiding for EPS growth of around 5% to 7% per year up until at least 2030. DUK generated fiscal 2025 fourth-quarter non-GAAP EPS of $1.50 , down from $1.66 from its year-ago comp on the back of higher operating and maintenance costs, with higher interest expenses also playing a part in the dip. Critically, full-year EPS came in at $6.31 per share , with the utility providing 2026 full-year EPS guidance of $6.55 to $6.80 per share. This would represent a growth of 5.8% at the midpoint over the 2025 figure. Hence, while investors are set to earn a negative 119 basis points spread to the U.S. 10-year Treasury yield ( US10Y ) at 4.40%, the combination of the yield with expected adjusted EPS growth should juice DUK's returns versus just holding Treasuries. I last covered DUK with a Hold rating, citing waning AI momentum as a reason to avoid the ticker. While AI public stock momentum has continued to dip since then, DUK has caught a bid. Duke Energy Fiscal 2025 Fourth Quarter Presentation The core risk at this level is rising Treasury rates as inflation expectations continue to grow following the Closure of the Strait of Hormuz, a critical energy chokepoint with crude oil and gasoline prices spiking in response. DUK already offers a negative spread to this risk-free rate, with this divergence at its highest points in over 5 years. Indeed, DUK was paying a yield that was in excess of the 10-year prior to 2022, and the current difference provides a leg for a more bear...
"Classic First Amendment retaliation." That's how US District Judge Rita Lin described the Department of War's effort to blacklist Anthropic and designate it a supply-chain risk . By all appearances, "these measures appear designed to punish Anthropic," Lin wrote in an order granting Anthropic's request for a preliminary injunction. Officials seemingly had no authority to take such extreme actions...
"Classic First Amendment retaliation." That's how US District Judge Rita Lin described the Department of War's effort to blacklist Anthropic and designate it a supply-chain risk . By all appearances, "these measures appear designed to punish Anthropic," Lin wrote in an order granting Anthropic's request for a preliminary injunction. Officials seemingly had no authority to take such extreme actions without considering less restrictive alternatives or offering any evidence that Anthropic posed an urgent risk to national security, Lin said. Instead, "the Department of War’s records show that it designated Anthropic as a supply chain risk because of its 'hostile manner through the press.'" Read full article Comments
BobHemphill/iStock via Getty Images Pfizer stock: Wall Street loves it again I last covered Pfizer Inc. stock (NYSE: PFE ) on Feb 19. The article rated the stock as hold after examining its FQ4 earnings report (ER) and dividend declarations. Since then, a few new catalysts have caught my attention and motivated this follow-up. The rest of this article will focus on three of them: the sentiment cha...
BobHemphill/iStock via Getty Images Pfizer stock: Wall Street loves it again I last covered Pfizer Inc. stock (NYSE: PFE ) on Feb 19. The article rated the stock as hold after examining its FQ4 earnings report (ER) and dividend declarations. Since then, a few new catalysts have caught my attention and motivated this follow-up. The rest of this article will focus on three of them: the sentiment changes from Wall Street, the new development for the “TrumpRx" and "Most-Favored-Nation" pricing models, and also the updates on its pipeline. Let me start with the sentiment change. As shown in the chart below, Wall Street analysts, after downgrading its rating to hold briefly in Feb 2025, fell back in love with stock again. To wit, Pfizer currently receives an average rating of 3.5 from them, leading to a buy rating. Out of the 28 analysts who rated the stock, 10 of them issued a strong buy or a buy rating. Only 3 of them gave the stock a rating of sell or lower. With this backdrop, next I will argue why I disagree with the current Wall Street ratings. I believe the buy rating is overly optimistic and ignores the various earnings and growth headwinds. Seeking Alpha PFE stock: Wall Street habitually overestimates Broadening the horizon a bit, Wall Street analysts have systematically overrated the stock and also overestimated its price target in the past few years. As an example, the chart below compares their price target (the orange line) to the actual share prices (the blue line) in the past 5 years. As seen, despite the continued downward revisions of their price target in 2022, their estimates still turned out to be overly optimistic price targets. Since 2024, the average analyst target price remained stubbornly around $30, while the stock price plummeted to as low as $22 and remains under the price target despite recent price recoveries. Seeking Alpha Looking ahead, I see several headwinds for PFE share price to remain under pressure. The strongest one in my view must b...
Staff work at Ronald Reagan Washington National Airport in Arlington, Virginia, on March 13, 2025. Annabelle Gordon | AFP | Getty Images Transportation Security Administration officers, who have worked without pay for weeks because of a partial government shutdown, "should begin seeing paychecks as early as Monday," the Department of Homeland Security said in a social media post on Friday afternoo...
Staff work at Ronald Reagan Washington National Airport in Arlington, Virginia, on March 13, 2025. Annabelle Gordon | AFP | Getty Images Transportation Security Administration officers, who have worked without pay for weeks because of a partial government shutdown, "should begin seeing paychecks as early as Monday," the Department of Homeland Security said in a social media post on Friday afternoon. The announcement comes as congressional lawmakers haggle over a possible deal to fund at least some DHS functions, including TSA, and as U.S. air travelers at many airports nationwide suffer through much-longer-than-usual TSA screening lines. "Today, at the direction of President Trump and @SecMullinDHS, TSA has immediately begun the process of paying its workforce," DHS said in the post on X. "TSA officers should begin seeing paychecks as early as Monday, March 30. TSA is grateful to the President and Secretary for their leadership to put money back into the pockets of TSA employees who worked without pay during the ongoing Democrat DHS shutdown." Read more CNBC government shutdown coverage TSA funding update: Senate tees up House vote to end DHS shutdown Trump says he will sign an executive order to 'immediately pay' TSA agents Delta suspends perk for Congress members, cites DHS shutdown ICE deployed to some U.S. airports as long security lines persist This is breaking news. Please refresh for updates. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news.
Tiger Woods Involved In "Rollover Crash" On Jupiter Island Golf pro Tiger Woods has reportedly been involved in a " rollover crash" on Jupiter Island, just north of Palm Beach County in Martin County, according to local media outlet WPTV . The Martin County Sheriff's Office said the accident occurred near 281 Beach Road on Jupiter Island in Hobe Sound. Property records from Zillow show the closest...
Tiger Woods Involved In "Rollover Crash" On Jupiter Island Golf pro Tiger Woods has reportedly been involved in a " rollover crash" on Jupiter Island, just north of Palm Beach County in Martin County, according to local media outlet WPTV . The Martin County Sheriff's Office said the accident occurred near 281 Beach Road on Jupiter Island in Hobe Sound. Property records from Zillow show the closest house to the accident is valued at $14.8 million. The sheriff's office has yet to say what happened or whether Tiger was injured. If the report is correct, this would mark Tiger's third car crash. Here are his prior two: November 2009 in Florida , when he hit a fire hydrant and a tree outside his home. February 2021 in Southern California , a serious single-car rollover that caused major leg injuries. Sheriff John Budensiek will hold a press conference at around 1700 local time. *Developing... Tyler Durden Fri, 03/27/2026 - 15:46