But after further evidence was presented to it today by the BBC, West Midlands Police asked us to use an updated statement which did not contain the claims of "no evidence". It said instead: "We have a robust partnership approach to CSE and safeguarding in the borough and across the wider West Midlands.
But after further evidence was presented to it today by the BBC, West Midlands Police asked us to use an updated statement which did not contain the claims of "no evidence". It said instead: "We have a robust partnership approach to CSE and safeguarding in the borough and across the wider West Midlands.
NEW YORK (AP) — Federal auto regulators have escalated a probe of Tesla after several of its cars crashed while using its self-driving feature, just as CEO Elon Musk prepares to roll out a new model with no steering wheel or pedals. The National Highway Traffic Safety Administration said in a memo that it was examining nine crashes where the self-driving software failed to quickly alert drivers to...
NEW YORK (AP) — Federal auto regulators have escalated a probe of Tesla after several of its cars crashed while using its self-driving feature, just as CEO Elon Musk prepares to roll out a new model with no steering wheel or pedals. The National Highway Traffic Safety Administration said in a memo that it was examining nine crashes where the self-driving software failed to quickly alert drivers to take control in fog and other poor conditions because the vehicle's cameras weren't picking out road hazards. The NHTSA memo signals a regulatory investigation begun in 2024 over poor visibility crashes could now lead to enforcement action, possibly including a recall of 3.2 million Tesla vehicles. Tesla stock fell 3.1% to $380.75 in early afternoon trading Thursday. The increased regulatory scrutiny comes as Tesla is trying to convince investors that the future of the company lies less in selling cars as sales drop and more in making its self-driving software ubiquitous. Musk has said he will soon turn millions of Tesla cars already on the road into taxis that their owners can rent out when they are not using them. As part of that transition, Musk said Tesla will roll out its robotaxi service with no one behind the wheel in several U.S. cities this year. It is also planning to launch production of its no-wheel-no-pedal Cybercab to sell to customers next month. Tesla did not immediately respond to a request for comment. Unlike other autonomous vehicles, Tesla vehicles rely solely on cameras to spot problems on the road. Others supplement cameras with light radar or lidar, a more expensive method that Musk has dismissed as unnecessary. The NHTSA probe into crashes when there is sun glare or dust or too much fog will now move to an “engineering analysis,” a more serious level of scrutiny. Tesla had called its driver assistance software Full Self-Driving, or FSD, a name that auto experts and regulators have said is misleading because drivers must always keep their eyes on the...
On Wednesday, Afroman won a widely watched defamation lawsuit that seven cops filed after the rapper made music videos mocking them for conducting a 2022 raid of his home that resulted in no charges and no marijuana found. Videos for songs like "Lemon Pound Cake," "Why You Disconnecting My Video Camera," and "Will You Help Me Repair My Door" used real footage from the raid, pulling from security c...
On Wednesday, Afroman won a widely watched defamation lawsuit that seven cops filed after the rapper made music videos mocking them for conducting a 2022 raid of his home that resulted in no charges and no marijuana found. Videos for songs like "Lemon Pound Cake," "Why You Disconnecting My Video Camera," and "Will You Help Me Repair My Door" used real footage from the raid, pulling from security camera footage and videos shot by Afroman's wife. Cops from the Adams County Sheriff's Office alleged they were humiliated and received death threats after the videos went viral. Accusing Afroman of defamation, cops individually sought damages as high as $1.5 million. But Afroman's lawyer, David Osborne, argued this was a clear-cut First Amendment case. At trial, Afroman testified that cops had no one to blame for the reputational damage but themselves, arguing that "if they hadn’t wrongly raided my house, there would be no lawsuit," The New York Times reported . Read full article Comments
Wirestock/iStock via Getty Images WisdomTree China ex-State-Owned Enterprises Fund Outlook Chinese equities trade at a substantial discount to emerging markets following their sharp correction from the highs of 2021. Investors who target China now can purchase shares near the 2020 Covid lows. Strategically targeting China in 2026 looks like a favorable strategy for emerging market investors, as th...
Wirestock/iStock via Getty Images WisdomTree China ex-State-Owned Enterprises Fund Outlook Chinese equities trade at a substantial discount to emerging markets following their sharp correction from the highs of 2021. Investors who target China now can purchase shares near the 2020 Covid lows. Strategically targeting China in 2026 looks like a favorable strategy for emerging market investors, as this market is uniquely positioned relative to other major Asian stock markets like Taiwan and India, which trade at a massive premium to China. The WisdomTree China ex-State-Owned Enterprises Fund ( CXSE ) has sold off strongly from its 2021 peak. CXSE looks like a safer vehicle at the moment because it targets non-SOE companies and invests in some of the new, higher-growth industries in China. Data by YCharts WisdomTree carefully selects non-SOEs that have stronger financial indicators and are strategically positioned in higher-growth industries. While other China-focused ETFs may have lower valuations, they have more exposure to SOEs in lower-valued industries like financials, energy, materials, and utilities. CXSE definitely looks like a better ETF to own during a bull market. While emerging markets could be due for pullbacks in the coming quarters, I think CXSE stands out because of its unique company and industry approach. I also think that China should not trade at a discount to emerging markets. While returns will likely be more moderate this year, following China's circa 35% rally in 2025, CXSE still looks positioned to deliver moderate returns amid EM headwinds. CXSE looks like a much better vehicle for China bulls to own. WisdomTree China ex-State-Owned Enterprises Overview The WisdomTree China ex-State-Owned Enterprises Fund's main objective is to provide exposure to non-SOE stocks in China, focusing more on key growth sectors like IT. One of the main benefits of this approach has been superior performance, as many non-SOE stocks also have higher ROEs and ROAs and...
is transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His work has appeared in The New York Daily News and City & State. These past few weeks have been particularly brutal for the EV industry — and anyone who believes that electric vehicles are the future. Thanks to slowing demand and policy whiplashes, automakers are on an EV murder spree, kill...
is transportation editor with 10+ years of experience who covers EVs, public transportation, and aviation. His work has appeared in The New York Daily News and City & State. These past few weeks have been particularly brutal for the EV industry — and anyone who believes that electric vehicles are the future. Thanks to slowing demand and policy whiplashes, automakers are on an EV murder spree, killing a host of promising new models. The EV graveyard grows bigger by the minute. And unfortunately, as is often the case, much of the focus seems to be on affordable models that had the potential to attract new customers. Meanwhile, ugly EVs that cost too much and do nothing to move the needle on EV adoption continue to darken our highways. First, the cheap ones who’s bodies have not yet gone cold. The Volvo EX30, a fun, quirky crossover that was supposed to start at around $35,000, won’t be getting a 2027 model year in the US. Chevy said it was bringing back the Bolt this year — but apparently only for this year, with GM saying it will only be for a limited 18-month run. And Nissan said it was canceling the affordable, 52kWh entry-level S trim of Leaf in the US and Canada, leaving only the higher trim, 75kWh models available. None of these vehicles were perfect, but they seem to represent a pattern of automakers doing away with lower priced, lower margin EVs in favor of big, expensive ones. GM couldn’t throw a life preserver to the Chevy Bolt, but it’ll still happily steer you toward the Cadillac Escalade IQ, which starts at around $127,000 and weighs about as much as a small moon. None of these vehicles were perfect, but they seem to represent a pattern of automakers doing away with lower priced, lower margin EVs in favor of big, expensive ones. Consider the Cybertruck, widely considered to be the most hated car in the world. Cybertruck sales fell 48 percent in 2025, compared to the previous year, according to Kelley Blue Book’s annual electric vehicle sales reports. A mo...
hapabapa Oppenheimer downgraded Freshworks ( FRSH ) to Perform from Outperform and removed its $15 price target while taking a fresh look at its coverage amid the ongoing impact on software names due to AI disruption risk. The firm noted that its favorite names are Oracle ( ORCL ), Microsoft ( MSFT ), and Agilysys ( AGYS ), and identified Adobe ( ADBE ), Paycom Software ( PAYC ), and Freshworks ( ...
hapabapa Oppenheimer downgraded Freshworks ( FRSH ) to Perform from Outperform and removed its $15 price target while taking a fresh look at its coverage amid the ongoing impact on software names due to AI disruption risk. The firm noted that its favorite names are Oracle ( ORCL ), Microsoft ( MSFT ), and Agilysys ( AGYS ), and identified Adobe ( ADBE ), Paycom Software ( PAYC ), and Freshworks ( FRSH ) as names to avoid. Analysts led by Brian Schwartz said that investors will need a finer filter to find the software names that will have a place in the agentic AI future, be durable organic growers, and be positioned to rebound first when sector sentiment improves. The analysts added that due to a variety of assets in software, it is difficult to paint the group with asingle brush, but broadly they would avoid names that could prove brittle in the face of slowing growth and weakening pricing power. "Rather, we would focus on names that are on offense (i.e., disruptors), demonstrate stickiness in enterprise IT stacks, and increasing monetization through a tokenization or consumption model. Based on our AI defensibility framework, our favorite names are ORCL, MSFT and AGYS, and we identify ADBE, PAYC, and FRSH (downgrade) as names to avoid," said Schwartz and his team. The analysts noted that findings in their AI disruption framework point to a period of structural divergence ahead in software. The software names scoring well in their AI defensibility rankings are most likely to sustain or improve growth rates over the medium term, beat estimates, and rebound first, according to the analysts. Within this framework, the analysts' top picks are Oracle, Microsoft, and Agilysys. "We'vealso identified several poorly positioned software names for the agentic AI future (i.e., ADBE, FRSH, MNDY, PAYC)," the analysts noted. Schwartz and his team added that the suppliers whose solutions are more function-specific, mainly sell seat-based models, and limit AI revenue disclosures, a...
Lululemon (NASDAQ: LULU) reported slowing revenue growth in its most recently completed quarter. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » *Stock prices used were the afternoon prices of March 17, 2026. The video was publi...
Lululemon (NASDAQ: LULU) reported slowing revenue growth in its most recently completed quarter. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » *Stock prices used were the afternoon prices of March 17, 2026. The video was published on March 19, 2026. Should you buy stock in Lululemon Athletica Inc. right now? Before you buy stock in Lululemon Athletica Inc., consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Lululemon Athletica Inc. wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $510,710!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,105,949!* Now, it’s worth noting Stock Advisor’s total average return is 929% — a market-crushing outperformance compared to 186% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors. See the 10 stocks » *Stock Advisor returns as of March 19, 2026. Parkev Tatevosian, CFA has positions in Lululemon Athletica Inc. The Motley Fool has positions in and recommends Lululemon Athletica Inc. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect ...
According to a Reuters report, social media giant Meta Platforms (META) is planning to cut a significant portion of its workforce. The stock climbed on news of the company’s alleged plans to reduce its headcount by over 20%, suggesting Meta is trying to balance its planned high spending on artificial intelligence (AI). Meta anticipates 2026 capital expenditures, including principal payments on fin...
According to a Reuters report, social media giant Meta Platforms (META) is planning to cut a significant portion of its workforce. The stock climbed on news of the company’s alleged plans to reduce its headcount by over 20%, suggesting Meta is trying to balance its planned high spending on artificial intelligence (AI). Meta anticipates 2026 capital expenditures, including principal payments on finance leases, to range between $115 billion and $135 billion, roughly double its 2025 spending. This increase stems from heightened investments to bolster efforts at Meta Superintelligence Labs and the core business. Although the report on job cuts is still speculative, it follows a trend of companies reducing headcount to invest heavily in AI. While high spending has concerned investors, it might indicate a broader shift in which “AI is increasingly driving productivity,” Jefferies’ analysts said in a note. Amid this, we take a closer look at Meta Platforms… About Meta Platforms Stock Meta Platforms is one of the world's top tech giants, powering global connections through its core social and messaging apps, including Facebook, Instagram, WhatsApp, and Messenger. Its advanced ad system uses precise data targeting to link businesses with users on its platforms and beyond. The firm boasts a market capitalization of $1.58 trillion. Heavy investments in AI infrastructure have affected Meta’s stock lately. Over the past 52 weeks, the stock has gained a modest 3.92%. However, over the past six months, it has dropped 22%, while it is down 8.1% year-to-date (YTD). The stock reached a 52-week high of $796.25 back in August 2025, but is down 24% from that level. On a forward-adjusted basis, Meta’s price-to-earnings ratio of 20.93x is higher than the industry average of 12.83x. Meta Q4 Revenue Surges on User Expansion On Jan. 28, Meta reported its fourth-quarter results for fiscal 2025, which beat expectations, leading to a 10.4% intraday gain in its stock on Jan. 29. The company’s re...
Forum Energy Technologies, Inc. FET is primarily involved in providing highly engineered products to support the operations of oil and natural gas and renewable companies. As a global manufacturing firm, FET offers products that are used in drilling, well construction and completion, as well as the construction of new rigs and subsea projects. As a result, demand for the company’s product offering...
Forum Energy Technologies, Inc. FET is primarily involved in providing highly engineered products to support the operations of oil and natural gas and renewable companies. As a global manufacturing firm, FET offers products that are used in drilling, well construction and completion, as well as the construction of new rigs and subsea projects. As a result, demand for the company’s product offerings is heavily reliant on the drilling activity of oil and gas companies. In recent years, there has been a slowdown in drilling activities in North America as upstream players have been cautious with their capital expenditures to maximize shareholder returns. Despite these developments, Forum Energy has secured the highest year-end backlog in 11 years in 2025. The company is entering 2026 with a backlog of $312 million, up 46% from year-end 2024. Its full-year book-to-bill ratio stands at 113%. The book-to-bill ratio compares orders received (booked) to the orders shipped/delivered (billed). The impressive book-to-bill ratio indicates growing demand for the company’s products, which can generate strong revenues in the future. The company has highlighted that its expansion and growth are tied to its “Beat the Market” strategy, which focuses on developing differentiated product offerings and expanding its total addressable market. This strategy has enabled the company to increase its revenue per rig, gain market share and expand its customer base. The company’s strong backlog, its diversified global footprint and the continued focus on innovation are expected to provide revenue visibility and drive long-term growth. Peer Companies of FET National Energy Services Reunited NESR and NOV Inc. NOV are two companies within the same sub-industry, carrying a Zacks Rank #1 (Strong Buy) and a Zacks Rank #3 (Hold), respectively. NESR shares have soared 156.5% in the past year and it reported fourth-quarter earnings of 32 cents per share, beating the Zacks Consensus Estimate. The company ...
Shares of Caleres (CAL +11.91%) were surging today after the diversified footwear retailer topped estimates on the top and bottom lines in its fourth quarter earnings report. As a result, the stock was up 9.2% as of 12:44 p.m. ET. What happened with Caleres Revenue at Caleres rose 8.7% to $695.1 million in the quarter, which was well ahead of estimates at $685.4 million. Brand portfolio sales were...
Shares of Caleres (CAL +11.91%) were surging today after the diversified footwear retailer topped estimates on the top and bottom lines in its fourth quarter earnings report. As a result, the stock was up 9.2% as of 12:44 p.m. ET. What happened with Caleres Revenue at Caleres rose 8.7% to $695.1 million in the quarter, which was well ahead of estimates at $685.4 million. Brand portfolio sales were up 20.3%, or 1.5% on an organic basis, and comparable sales at Famous Footwear rose 0.1%. E-commerce sales were again up double digits on company-owned platforms, another bright spot. Adjusted gross margin fell 10 basis points to 42.9%, though that was better than the company's expectations. The company reported an adjusted loss of $0.36, which was ahead of the consensus at a per-share loss of $0.40, but worse than the $0.33 per share profit it reported a year ago. Year-over-year comparisons were challenged by tariffs and the acquisition of the loss-generating Stuart Weitzman brand. Excluding Stuart Weitzman, it reported an adjusted loss per share of $0.06 in the quarter. CEO Jay Schmidt expressed optimism heading into the new year, saying, "As we look ahead, 2026 is shaping up as a build-back year with modest organic sales growth and meaningful earnings recovery." Expand NYSE : CAL Caleres Today's Change ( 11.91 %) $ 1.05 Current Price $ 9.91 Key Data Points Market Cap $300M Day's Range $ 9.51 - $ 11.02 52wk Range $ 8.80 - $ 18.27 Volume 778K Avg Vol 619K Gross Margin 42.83 % Dividend Yield 3.16 % What's next for Caleres For the full year 2026, management sees the company returning to profitability and stability as it called for net sales to be up low to mid-single digits and adjusted EPS of $1.35-$1.65, which compares to $0.61 in 2025. Considering the footwear stock trades at less than $10, Caleres has a P/E of roughly 6 at that EPS forecast. If the company can deliver growth from here, the stock should be a winner at that price.
Key Points Though Caleres reported a Q4 loss, its results were better than expected. The company expects profit growth in 2026. The stock looks cheap on a forward P/E basis. 10 stocks we like better than Caleres › Shares of Caleres (NYSE: CAL) were surging today after the diversified footwear retailer topped estimates on the top and bottom lines in its fourth quarter earnings report. As a result, ...
Key Points Though Caleres reported a Q4 loss, its results were better than expected. The company expects profit growth in 2026. The stock looks cheap on a forward P/E basis. 10 stocks we like better than Caleres › Shares of Caleres (NYSE: CAL) were surging today after the diversified footwear retailer topped estimates on the top and bottom lines in its fourth quarter earnings report. As a result, the stock was up 9.2% as of 12:44 p.m. ET. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » What happened with Caleres Revenue at Caleres rose 8.7% to $695.1 million in the quarter, which was well ahead of estimates at $685.4 million. Brand portfolio sales were up 20.3%, or 1.5% on an organic basis, and comparable sales at Famous Footwear rose 0.1%. E-commerce sales were again up double digits on company-owned platforms, another bright spot. Adjusted gross margin fell 10 basis points to 42.9%, though that was better than the company's expectations. The company reported an adjusted loss of $0.36, which was ahead of the consensus at a per-share loss of $0.40, but worse than the $0.33 per share profit it reported a year ago. Year-over-year comparisons were challenged by tariffs and the acquisition of the loss-generating Stuart Weitzman brand. Excluding Stuart Weitzman, it reported an adjusted loss per share of $0.06 in the quarter. CEO Jay Schmidt expressed optimism heading into the new year, saying, "As we look ahead, 2026 is shaping up as a build-back year with modest organic sales growth and meaningful earnings recovery." What's next for Caleres For the full year 2026, management sees the company returning to profitability and stability as it called for net sales to be up low to mid-single digits and adjusted EPS of $1.35-$1.65, which compares to $0.61 in 2025. Considering the footwear stock trades at less...
zimmytws/iStock via Getty Images A new survey found that nearly one in 10 Americans who received health coverage through an Affordable Care Act marketplace plan in 2025 are uninsured in 2026 after enhanced subsidies expired on Dec. 31. The Kaiser Family Foundation found that 9% of those covered through marketplace plans are without coverage this year. Among those who did renew, 4 out of 5 said tha...
zimmytws/iStock via Getty Images A new survey found that nearly one in 10 Americans who received health coverage through an Affordable Care Act marketplace plan in 2025 are uninsured in 2026 after enhanced subsidies expired on Dec. 31. The Kaiser Family Foundation found that 9% of those covered through marketplace plans are without coverage this year. Among those who did renew, 4 out of 5 said that their plan's premiums, deductibles, or coinsurance and co-pays are higher than last year, with about half saying it is "a lot higher." Nearly 3 out of 4 polled said that they are w orried about affording costs for emergency care or hospitalizations. Of the 69% of respondents who said they still have marketplace coverage, ~39% have the same plan as last year, while ~28% switched. Of those who switched, 71% said that cost was a major factor, while another 9% said it was a minor reason. More on Elevance Health, Oscar Health Elevance Health, Inc. (ELV) Presents at Barclays 28th Annual Global Healthcare Conference Transcript Oscar Health: Macro Headwinds Hurt In 2025 Are Expected; Eyes On Massive Price Discovery In 2026 Oscar Health Q4: Tricky 2025, Promising 2026 - Long-Term Bull Thesis Attractive Extra premiums due to alleged Medicare overpayments topped $13B in 2025: WSJ Rising employee health insurance costs dampened wage growth: Fed survey
Amazon (NASDAQ: AMZN) CEO Andy Jassy expects AWS revenue to exceed previous forecasts. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » *Stock prices used were the afternoon prices of March 17, 2026. The video was published on Ma...
Amazon (NASDAQ: AMZN) CEO Andy Jassy expects AWS revenue to exceed previous forecasts. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » *Stock prices used were the afternoon prices of March 17, 2026. The video was published on March 19, 2026. Should you buy stock in Amazon right now? Before you buy stock in Amazon, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Amazon wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you’d have $510,710!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you’d have $1,105,949!* Now, it’s worth noting Stock Advisor’s total average return is 929% — a market-crushing outperformance compared to 186% for the S&P 500. Don't miss the latest top 10 list, available with Stock Advisor, and join an investing community built by individual investors for individual investors. See the 10 stocks » *Stock Advisor returns as of March 19, 2026. Parkev Tatevosian, CFA has positions in Amazon. The Motley Fool has positions in and recommends Amazon. The Motley Fool has a disclosure policy. Parkev Tatevosian is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through his link, he will earn some extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
April WTI crude oil (CLJ26) today is up +1.04 (+1.08%), and April RBOB gasoline (RBJ26) is up +0.0425 (+1.37%). Crude oil and gasoline prices are moving higher today, with gasoline climbing to a 3.5-year high. Escalation of the Iran war is pushing energy prices higher as Iran escalates attacks on oil infrastructure in the Middle East. Crude prices are moving higher today after Qatar reported "exte...
April WTI crude oil (CLJ26) today is up +1.04 (+1.08%), and April RBOB gasoline (RBJ26) is up +0.0425 (+1.37%). Crude oil and gasoline prices are moving higher today, with gasoline climbing to a 3.5-year high. Escalation of the Iran war is pushing energy prices higher as Iran escalates attacks on oil infrastructure in the Middle East. Crude prices are moving higher today after Qatar reported "extensive damage" at the world's largest natural gas export plant at Ras Laffan Industrial City. Reuters reported today that Iran's strikes damaged 17% of Ras Laffan's LNG export capacity, a damage that will take three to five years to repair. Also, Kuwait said today that two of its refineries were struck by Iranian drones and oil loadings on Saudi Arabia's west coast, a vital export route for the country amid the closure of the Strait of Hormuz, were briefly halted by an Iranian attack. A statement from the semi-official Iranian Students' News Agency (ISNA) said Iran's response to the attacks on its energy infrastructure "is underway and not yet complete." Don’t Miss a Day: However, crude prices fell from their best levels today after President Trump pressed for de-escalation of attacks on Middle East energy sites, following Iranian and Israeli strikes on major gas fields, which pushed energy prices sharply higher. Mr. Trump said the US wasn't involved in the South Pars attack and said Israel would refrain from further strikes on the site. Crude prices also found support today after the crude crack spread jumped to a 3.75-year high, encouraging refiners to purchase crude and refine it into gasoline and distillates. The Strait of Hormuz remains essentially closed, and Persian Gulf oil producers have been forced to cut production by roughly 6% as local storage facilities reach capacity. The Strait of Hormuz normally handles a fifth of the world's oil. Goldman Sachs warns that crude prices could exceed the 2008 record high of close to $150 a barrel if flows through the Strait of ...
Democratic governors across the US are facing pressure on whether to back President Donald Trump ’s controversial new federal school choice program, a dilemma illustrated by this week’s Illinois primary election. Ballots in nearly a third of the state’s counties and a handful of townships asked voters whether or not Democratic Governor JB Pritzker should opt into a federal program that would provi...
Democratic governors across the US are facing pressure on whether to back President Donald Trump ’s controversial new federal school choice program, a dilemma illustrated by this week’s Illinois primary election. Ballots in nearly a third of the state’s counties and a handful of townships asked voters whether or not Democratic Governor JB Pritzker should opt into a federal program that would provide students with privately-donated funds. A majority of voters in all of the 32 surveyed jurisdictions said yes, according to unofficial results available from county clerks on Wednesday. Nearly all of those counties voted for Trump in 2024. The results represent only a portion of the state’s voting districts and don’t require lawmakers to take any action. Still, they underscore the predicament for Pritzker and his party’s counterparts. “It demonstrates that there is some support out there,” said Michael Petrilli , president of Thomas B. Fordham Institute, a conservative-learning education policy organization. “I’m not sure it’ll make a difference in the end — that’s going to be up to Governor Pritzker, but it seemed like it was a smart advocacy play.” So-called school choice programs typically use public money to help fund private education options for families, and have gained support recently among Republican lawmakers. Most of these programs operate at the state level, but Trump signed into law the first national program as part of his budget bill last year. Proponents say school choice gives parents the option to choose the best education for their child, while those against argue that it takes money away from the public school system. Read More: How School Choice Programs Exploded Across the US Trump’s program is structured as a federal tax credit that allows individuals to direct as much as $1,700 of their annual federal tax bill to nonprofits that grant scholarships to eligible students for qualified educational expenses. Each governor must decide to participate in ...
Another 2008 Analog: Goldman, JPM Offering Hedge Funds Ways To Short Private Credit The big story last week, a narrative which we may have inadvertently started , was the recurring comparison across various sellside desks (and quite a few buysiders) of the current double crisis ( private credit as an analog to the subprime crisis of 2007/2008 coupled with soaring oil prices which peaked at just be...
Another 2008 Analog: Goldman, JPM Offering Hedge Funds Ways To Short Private Credit The big story last week, a narrative which we may have inadvertently started , was the recurring comparison across various sellside desks (and quite a few buysiders) of the current double crisis ( private credit as an analog to the subprime crisis of 2007/2008 coupled with soaring oil prices which peaked at just below $150 in the summer of 2008 before crashing along with the start of the global financial crisis, similar to now ). None other than Michael Hartnett dedicated his latest Flow Show to describing how " Wall Street Is Ominously Trading The 2008 Analog ." Well, we now have another very stark comparison to events from 2008. Recall back then, while big banks like Goldman were actively pitching long RMBS trades to clients, seemingly oblivious of the subprime risk, they were quietly arranging transactions for their best clients - such as Paulson and Magnetar - to short the entire RMBS/housing stack in advance of the subprime explosion that would spark the global financial crisis. In fact, it was this trade that make Paulson a billionaire (and some might add, a one hit wonder). While subprime was the crisis catalyst in 2008, this time around almost everyone agrees that ground zero of the next credit crisis will be the $1.8 trillion private credit market, which as we have described extensively , is in dire straits (with all due respect to Hormuz) as a result of not only the panicked surge in redemptions on a sudden revulsion to the asset class which has prompted numerous funds to impose gates... ... but also what Boaz Weinstein described as the " massive declines in everything from OTF, TCPC, FSK, OXLC, BPRE, the tripling of outflows for Cliffwater and Blue Owl, the frauds, the rise in bad PIK, the mis-labeling of Saas, the embellishment of what portion of the portfolios are true 1L, and a whole lot more. " I’m genuinely interested in everyone’s thoughts. IMHO, what’s stoking fear ...
What happened According to a February 17, 2026, SEC filing, Land & Buildings Investment Management, LLC bought 229,146 additional shares of Centerspace(CSR 1.53%). The fund’s quarter-end position value in Centerspace rose by $19.97 million, a figure that reflects both increased holdings and changes in stock price. What else to know The fund increased its Centerspace stake to 9.19% of 13F AUM as of...
What happened According to a February 17, 2026, SEC filing, Land & Buildings Investment Management, LLC bought 229,146 additional shares of Centerspace(CSR 1.53%). The fund’s quarter-end position value in Centerspace rose by $19.97 million, a figure that reflects both increased holdings and changes in stock price. What else to know The fund increased its Centerspace stake to 9.19% of 13F AUM as of December 31, 2025. Top holdings after the filing: NYSE:FR: $52.26 million (8.7% of AUM) NYSE:AHR: $49.56 million (8.2% of AUM) NASDAQ:EQIX: $44.37 million (7.4% of AUM) NYSE:VTR: $39.09 million (6.5% of AUM) NYSE:NSA: $37.08 million (6.2% of AUM) As of February 17, 2026, Centerspace shares were priced at $62.87, up 6.1% over the past year, underperforming the S&P 500 by 6.0 percentage points. Company/ETF overview Metric Value Revenue (TTM) $273.66 million Net income (TTM) 17.1 million Dividend yield 5.17% Price (as of market close February 17, 2026) $62.87 Company/Etf snapshot Centerspace is a residential real estate investment trust specializing in the ownership and management of apartment communities throughout the Midwest and Mountain West. It generates revenue primarily from rental income across properties in Colorado, Minnesota, Montana, Nebraska, North Dakota, and South Dakota. The company leverages a focused regional strategy to deliver stable rental income and maintain high occupancy rates across its portfolio. Its commitment to operational excellence and service quality supports its competitive positioning within the multifamily housing sector. It operates as a residential real estate investment trust (REIT), focusing on acquiring, managing, and leasing multifamily apartment homes to maximize occupancy and rental yields. Centerspace serves individuals and families seeking quality rental housing in targeted Midwestern and Mountain West markets. What this transaction means for investors Centerspace is built around a part of the apartment market that tends to be stea...
What happened According to a February 17, 2026, SEC filing, Land & Buildings Investment Management, LLC bought 229,146 additional shares of Centerspace(CSR 1.34%). The fund’s quarter-end position value in Centerspace rose by $19.97 million, a figure that reflects both increased holdings and changes in stock price. What else to know The fund increased its Centerspace stake to 9.19% of 13F AUM as of...
What happened According to a February 17, 2026, SEC filing, Land & Buildings Investment Management, LLC bought 229,146 additional shares of Centerspace(CSR 1.34%). The fund’s quarter-end position value in Centerspace rose by $19.97 million, a figure that reflects both increased holdings and changes in stock price. What else to know The fund increased its Centerspace stake to 9.19% of 13F AUM as of December 31, 2025. Top holdings after the filing: NYSE:FR: $52.26 million (8.7% of AUM) NYSE:AHR: $49.56 million (8.2% of AUM) NASDAQ:EQIX: $44.37 million (7.4% of AUM) NYSE:VTR: $39.09 million (6.5% of AUM) NYSE:NSA: $37.08 million (6.2% of AUM) As of February 17, 2026, Centerspace shares were priced at $62.87, up 6.1% over the past year, underperforming the S&P 500 by 6.0 percentage points. Company/ETF overview Metric Value Revenue (TTM) $273.66 million Net income (TTM) 17.1 million Dividend yield 5.17% Price (as of market close February 17, 2026) $62.87 Company/Etf snapshot Centerspace is a residential real estate investment trust specializing in the ownership and management of apartment communities throughout the Midwest and Mountain West. It generates revenue primarily from rental income across properties in Colorado, Minnesota, Montana, Nebraska, North Dakota, and South Dakota. The company leverages a focused regional strategy to deliver stable rental income and maintain high occupancy rates across its portfolio. Its commitment to operational excellence and service quality supports its competitive positioning within the multifamily housing sector. It operates as a residential real estate investment trust (REIT), focusing on acquiring, managing, and leasing multifamily apartment homes to maximize occupancy and rental yields. Centerspace serves individuals and families seeking quality rental housing in targeted Midwestern and Mountain West markets. What this transaction means for investors Centerspace is built around a part of the apartment market that tends to be stea...