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“I’m in the no luck at all phase right now,” the Oscar nominee admitted.

“I’m in the no luck at all phase right now,” the Oscar nominee admitted.

Dominick Bianchi, 35, was last seen Tuesday morning at his home in East Greenbush, just south of Albany, where he left behind his cellphone, wallet and car, according to police.

Smith opened up about her first husband's affair with their realtor — and Warren Beatty's involvement — in her new book.

Smith opened up about her first husband's affair with their realtor — and Warren Beatty's involvement — in her new book.

Existing Home Sales Slump (Again) In August, Supply Hits 10 Year High

Existing home sales tumbled for the 3rd straight month in August, falling 2.0% MoM, sparking its biggest annual decline since January...

This implied an annualized rate of 3.98 million in August, marking one of only two times since the fall of 2024 that sales have dipped below 4 million...

“Mortgage rates and home sales move in opposite directions, so it's not surprising to see a mild dip in home buying activity due to high mortgage rates,” said NAR Chief Economist Lawrence Yun.

“Still, home prices are rising, and existing home sales are actually up 1.6% year-to-date through the first eight months of the year..." Yun noted.

"Homebuying demand, despite higher interest rates, is no doubt being supported by rising wages, which grew 3.1% in August, along with 643,000 net new jobs added since the start of the year. Job creation and wage growth typically drive housing demand.”

The median sales price rose 1.6% from a year ago to $429,100, extending a streak of annual price increases dating back to mid-2023.

Finally, and more ominously, Yun continued, “The number of months it would take to exhaust the total inventory at the current sales pace has grown to 4.9 months’ supply - its highest level in over ten years. The ample supply of homes for sale on the market is giving homebuyers better opportunities to negotiate.”

A rate-hike is just what the housing market wants (or will Warsh's credibility be regained and lower the long-end?)

Tyler Durden Thu, 09/10/2026 - 10:16

A California football mom has been arrested by the FBI for allegedly stealing more than $400,000 from a high school team to pay off her mortgage and credit card bills. Federal agents collared Julie Hanway Molina, 56, at her house in Aliso Viejo, with gun-toting officers using a bullhorn to demand she “come out with...

The Patriots will be without their newly acquired superstar for at least a few weeks.

One of the three male jurors in the Lindsay Clancy mistrial believes the outcome would likely be different if the state of Massachusetts decides to retry the killer mom.

“In exchange for the bribes they sent to city officials, the defendants sought jobs for themselves and family members and expedited inspections at businesses with health and building code violations,” Manhattan District Attorney Alvin Bragg said.

After AfD Victory In Saxony-Anhalt, Merz And Weidel Trade Blows During Intense Debate In Bundestag

Via Remix News,

Three days after the Alternative for Germany's (AfD) landslide in Saxony-Anhalt, the Bundestag's general budget debate turned into a verbal battle between AfD co-chair Alice Weidel and Chancellor Friedrich Merz, with the two battling it out over mass immigration, democracy, crime, Ukraine, and the future of Germany.

Heckling filled the chamber. Bundestag President Julia Klöckner repeatedly intervened. The exchange was the first direct parliamentary clash between the two leaders since Sunday's vote, in which the AfD took 43.8 percent and the CDU collapsed to 17.2 percent.

Weidel opened the debate and treated the election results as a verdict on the ruling federal government coalition led by Merz. "The voters in Saxony-Anhalt have made it abundantly clear to you, in the language of the democratic sovereign: the Black-Red coalition is over," she said. Citizens wanted "a change of policy," she added, "and they do not want more of the same."

🇩🇪🔴JUST IN: After AfD's landslide victory, Weidel tells Merz that "the voters in Saxony-Anhalt have communicated to you in the language of the democratic sovereign with all clarity: Black-Red (CDU-SPD ruling coalition) is over."

She slammed the government's new budget during a… pic.twitter.com/i9JCrhBDin

— Remix News & Views (@RMXnews) September 9, 2026

Addressing Merz directly, she said he had failed to hear that message.

"That is not especially relevant, because your time has run out anyway. Citizens want a change of policy, and they will get it," she said.

She turned next to the draft federal budget. Weidel called it a "declaration of surrender" and accused Finance Minister Lars Klingbeil of "unserious budget management."

"Despite record tax revenues, you are incapable of managing the public's money wisely. Why? Because you are unwilling to free yourselves from the shackles of green ideology, left-wing mass migration, and socialist redistribution."

She said the CDU-SPD government planned more than €1 trillion in new borrowing over its term, a figure she described as unprecedented in the Federal Republic. The result, she argued, would destroy future room for maneuver and leave "scorched earth."

"You are driving Germany into national bankruptcy in record time," she said.

Weidel also continued to slam Merz on mass migration, a sore spot for the ruling government.

"You declare the migration crisis to be over. Yet, every year, a six-figure number of migrants enters the country through the back door of asylum, plus another major city through family reunification - most of them from Muslim tribal cultures," she stated, adding: "More than a million refugees live whose asylum application has been rejected more than once. What are these people actually still doing in this country? They should be deported!"

Weidel accused the coalition of declaring the crisis over while still admitting large numbers of people through asylum procedures and family reunification. She claimed more than a million people whose asylum claims had already been rejected remained in the country and should be deported. Ordinary workers, she said, were paying the price.

"Because [Germans] have to deal daily with the consequences of mass migration, with the hatred of foreign groups toward their own, with hatred of Christians, with hatred of Germans, with hatred of Germany, and you are even providing financial support to these people. This must finally come to an end!"

🇩🇪🔴 After AfD's victory in Saxony-Anhalt, Alice Weidel takes Chancellor Merz to task during a raucous debate.

"Because [Germans] have to deal daily with the consequences of mass migration, with the hatred of foreign groups toward their own, with hatred of Christians, with… pic.twitter.com/lBjLNPt9hM

— Remix News & Views (@RMXnews) September 9, 2026

Energy policy drew the sharpest interjections from the government benches. Weidel called the energy transition "the greatest millstone dragging our economy into the abyss" and "lost, burned money." Germany, she said, was facing a possible winter gas shortage after the destruction of Nord Stream 2 while still sending billions to Ukraine. She demanded renewed Russian gas deliveries, a return to nuclear power, and peace talks.

"While the United States is making another attempt to end the murderous Ukraine war, you are stepping up the war propaganda and the confrontation with Russia," she told the chancellor. When SPD deputies laughed, she snapped: "Do you find that funny? Voters out there can see that the SPD finds deindustrialization funny. So stop laughing."

Merz responds

Merz came out swinging against Weidel, conceding the Saxony-Anhalt result was "remarkable," but said the AfD had missed its actual goal: an absolute majority of seats.

"Fifty-six percent of voters in Saxony-Anhalt did not vote for you," he said. "And you will not achieve that anywhere in Germany with this policy." He accused Weidel of having pushed lead candidate Ulrich Siegmund, within hours of the polls closing, to seek a governing majority after having promised before the election to govern only with an absolute majority.

"You are, and you will remain, Ms. Weidel, a destructive force," he accused.

The sharpest attack from Merz concerned remigration. He said the concept is "nothing other than a synonym for ethnic cleansing based on origin and skin color."

🇩🇪Germany

The anti-immigration AfD party is pursuing a plan of "ethnic cleansing based on skin color and origin," said Chancellor Friedrich Merz during a Bundestag debate.

Follow: @RMXnews pic.twitter.com/2BFmeSXztH

— Remix News & Views (@RMXnews) September 9, 2026

If that program were carried out, he claimed, skilled trades, nursing homes, hospitals, and restaurants would cease to function, because one in six workers in the crafts already holds a foreign passport and millions of people with a migration background keep essential services running. The coalition, he said, agreed on deporting people without a right to stay, but distinguished between those who work and contribute and those who must leave. AfD deputies erupted. Several shouted that the claim was false.

On Ukraine, Merz accused the AfD of reversing perpetrator and victim. Neither NATO, the European Union nor Germany had threatened Russia, he said.

"The only thing that truly threatens Russia and Putin is the radiance of democracy." The AfD, he added, still stood with Moscow. "Right there runs the deep rift between you and us, in foreign policy, in European policy, in social policy and in peace policy," he said.

He also charged that Weidel had said nothing about a failed drone incident at Leipzig Airport, a hacking attack on Berlin infrastructure, or this year's fires and weather extremes.

"Not a word from you, Ms. Weidel, about what has been going on in this country this year, he accused her.

At one point in Merz's speech, Klöckner told the AfD that heckling is part of parliamentary life, "but it is not part of constantly interrupting a speaker. You also have to accept that there are other opinions."

When the noise continued, she warned one deputy: "We are not on the football pitch here right now. Save this for the weekend." Later she threatened MPs with expulsion. Merz thanked her and said the interruptions themselves showed the AfD's "contempt for the German Bundestag," adding that "listening is not your strong suit."

With the battle brewing over who controls Saxony-Anhalt still to be decided, and with Merz's CDU crashing below 20 percent in the latest poll, political tensions are set to rise in the coming month.

Read more here...

 

Tyler Durden Thu, 09/10/2026 - 10:00

Robinson killed Kirk over what he called the victim's “political expression” against gay marriage, trans rights and “the LGBTQ+ agenda,'' the prosecution said at a hearing.

Social media users were quick to celebrate the long-awaited progress.

The rolling hills of Tuscany are now on your bathroom vanity.

Iran War Until 2029? Vance, Rubio Privately Warn Trump It Could Drag Through End Of His Term

President Trump on Wednesday told reporters to expect more US attacks on Iranian tankers, as the war over the Hormuz Strait continues to escalate in piecemeal tit-for-tat fashion. 

"The attacks are made by us. We’ve knocked out nine of their ships. I would say that the attacks are caused by us, and you’re going to see a lot more," the president told reporters on Wednesday, adding that many of the Iranian tankers are "donezo" - as global oil prices continue to climb.

The region has now seen over six months of war since Trump launched an operation that he and White House officials at first suggested would just be 'days' - and then insisted (repeatedly) would be a 'four to six week' campaign. 

via The Associated Press

All along the White House has kept moving the goal posts, amid lack of overall strategic vision and failure to articulate what exactly enough of a 'victory' to establish a military exit would look like.

Speaking of drastically moving the goal post, the below was another key media exchange with Trump on Wednesday: 

Q: Do you expect negotiations with Iran to restart at some point?

Trump: Uhhhhhh... we're not looking for it to be honest with you. This war will end immediately after our election.

This as The Wall Street Journal has issued a report saying Trump's top advisors are now warning him that the Iran conflict could last through the rest of his term.

Trump has called it 'small potatoes' - but he may now have his very own forever war...

Top White House advisers have raised privately with President Trump the prospect that the Iran war could drag on through the remainder of his term, U.S. officials said, a message at odds with Trump’s public assurances of a swift victory.

In the Oval Office and Situation Room, Vice President JD Vance, Secretary of State Marco Rubio and others have discussed with the president that Tehran could continue to resist U.S. pressure under the blockade and other military tactics, potentially extending the conflict past Inauguration Day in January 2029, the officials said.

...oh to have been a fly on the wall during that little meeting.

According to more snippets from the WSJ report:

The closed-door discussions come as Trump told reporters Wednesday that the war will end “immediately” after the midterm elections in November “because they can’t hold out any longer.”  

...Trump often speaks privately with aides of his desire for a quick resolution to the war, which is in its seventh month and has killed 18 servicemembers, the officials said. But Trump also supports a long-term economic siege, using a naval blockade and sanctions in a bid to force the regime to dismantle its nuclear program. Treasury Secretary Scott Bessent has portrayed the new strategy—dubbed “Operation Economic Outcast”—as an alternative to major combat operations.

Iran has been touting that it is ready to endure and survive at any cost while this week vowing 'disproportionate' responses to any military aggression from the United States.

IRGC spokesman Hossein Mohebbi stated Wednesday, "We have reached a point where if the enemy strikes at 2 or 3 of our targets, we will respond forcefully by striking at 20."

Back in mid-March, at a moment Trump officials were still claiming Operation Epic Fury would be swift and effective, US intelligence at the time assessed that Iran's leadership and government are largely in tact and the system does not risk collapse.

And now, half a year into the war, the exact same can be said. Even the establishment CFR's Foreign Affairs makes the case for a conservative realism contra Bessent's forecasts in Why America Can’t Strangle Iran:

But even as the country’s economic situation is getting worse, Iran’s leadership remains better able to resist the coercive effects of sanctions than it might appear. The state of the economy is not yet impinging on Iran’s ability to wage war. Stockpiles of various goods remain deep, thanks to years of sanctions experience. And the Iranian state, with its powerful repressive tools, has figured out how to offload much of the economic pain onto ordinary Iranians while making sure its own needs are met. Trump’s approach, in other words, can certainly immiserate most of the country’s people. But it cannot successfully strangle the Islamic Republic itself.

One pundit has accurately described the state of play which defines Iran's existential survival posture, pointing out: "Endurance regimes do not need clean victory to change the game. They only need to survive the shock while making the old equilibrium too costly for their adversaries to restore." So 'winning' for Iran looks much different, compared to US objectives.

Anyone have an update on this? pic.twitter.com/frT8CSRcN2

— Ron Shillman (@shillman1) September 9, 2026

But at a moment that Iran's ballistic missile capability is still obviously very much intact - given that just this very week US bases in Jordan were targeted in a huge volley - White House official statements have a Baghdad Bob flavor to them...

"President Trump has destroyed Iran’s military capabilities and is crippling what’s left of its abysmal economy with the most powerful naval blockade in world history and crushing sanctions," White House spokeswoman Olivia Wales said. "Only President Trump knows what he will do and when." Ok, sure.

Tyler Durden Thu, 09/10/2026 - 09:45

Iranian missiles were intercepted over Mafraq, about 44 miles north of Amman, according to reports. The launches came after the U.S. military said it had destroyed five Iranian oil tankers the previous day in response to attacks on American warships. Iranian state media said Tehran then launched missiles toward U.S. targets in Jordan, marking another...

Nancy was abducted from her Arizona residence in February, and the investigation into her disappearance remains ongoing.

Nancy was abducted from her Arizona residence in February, and the investigation into her disappearance remains ongoing.

Wall Street Responds To Apple's Foldable iPhone As Margin Risks Cloud Launch

Apple revealed its new foldable iPhone on Wednesday afternoon, and Wall Street analysts were largely positive about the specs and demand outlook. However, enthusiasm for the device diminished by mounting concerns that restrained price hikes across the iPhone lineup could pressure hardware margins.

Apple shares are up 1% in premarket trading in New York and about 1.6% higher since the unveiling of the new foldable iPhone and iPhone 18 Pro lineup. The new foldable iPhone starts around $2,000, with the premium model costing up to $3,199.

Did Apple learn anything from the failed launch of the $3,500 Vision Pro?

JUST IN: Internet accuses Apple of photoshopping "freakishly long" fingers into its iPhone Duo marketing, to make the massive foldable look easier to hold one-handed. pic.twitter.com/D8C19tqlFa

— Polymarket (@Polymarket) September 9, 2026

The question floating around multiple Wall Street desks overnight and into Thursday morning is how much of that foldable iPhone and new lineup demand translates into profit.

Jefferies analysts, who maintain an underperform rating and a $263.66 12-month price target, said Apple appears focused on boosting volumes at the expense of margins. Unchanged pricing for the iPhone 17 and Air could support demand while pressuring profitability.

TD Cowen, which rates Apple a "Buy" with a $400 price target, similarly warned that modest price increases could create hardware gross-margin headwinds. The analysts highlighted the new 2-nanometer chip's doubling of AI speed.

"Price increases were modest, which aids affordability, but hardware GM could face more headwinds in the coming year," TD Cowen analysts said.

Vital Knowledge analysts noted, "Duo is a very 'cool' device, with a competitive price point, but it remains to be seen whether Apple can manufacture enough of them to meet demand."

Here is Citi analyst Atif Malik's first take on iPhone Duo:

Apple launched a new foldable product cycle Duo under the new CEO John Ternus today. With a 7.6" inner display and a more iPad-like multi tasking experience, Duo is the biggest new hardware category since Apple Watch/Airpods. 

The launch of the iPhone 18 Pro/Pro Max (no standard iPhone 18) and the starting price of $1,999 on Duo shows Apple's iPhone line up is heavily skewed towards premium devices this fall.

Moreover, Apple repriced the IP16/IP17 portfolio by ~$100 with bigger ~$300 increase on higher 1TB storage tier we believe to offset higher memory component prices. Overall, IP18 specs, foldable ASP are in-line and IP18 ASPs below our ~$200 preview. Net-net, with price increase on the older iPhones, we maintain our model and gross margin assumptions. New Siri AI is the most important software announcement as Apple moves from AI features towards AI agent integrated into iOS27. Maintain Buy $365 TP.

Bernstein's Mark Newman asked clients, "What about gross margins?"

Newman explained:

Yesterday Apple held its Surprise and Shine product release, this note summarizes the products announced including specs and prices and potential impact to gross margins.

The iPhone 18 Pro and Pro Max deliver meaningful improvements with smaller price increase than expected at entry storage levels. Among the improvements, most interesting was the 2nm A20 processor and packaging enabling up to 40% higher sustained performance. The 48 MP main camera with variable aperture and significantly improved battery life (with faster charging) were the other notable improvements. Most interesting though was the price - up only $100 (or 7-8%) on entry 18 Pro and Pro Max models, which was less severe than feared and less than what we've seen from Android competitors. At higher storage tiers though the price increase was more substantial (with 18 Pro Max 2TB at $2,499 up $500 vs. comparable 17 Pro Max).

The well anticipated "Surprise" was the iPhone Duo - Apple's first foldable phone, which didn't disappoint. Unlike most competitor Android offerings, the Duo opens out to an aspect ratio similar to what we're used to with an iPad, which should make it more intuitive and useful for watching movies or have windows side by side. Starting price of $1,999 (for the 256GB option) was also lower than feared and considering this potentially replaces a high-end iPhone and an iPad (at $1000+ each), we believe this price is competitive, but ramps up to a whopping $3,199 for 2TB.

Apple is making steady progress on AI, with the potential to monetize. Apple Intelligence runs on-device whenever possible, with more computationally demanding requests are handled through Private Cloud Compute. Some capabilities that rely on the server models will have usage limits, with increased access available through iCloud+ plans - the first signs of AI monetization.

In addition to price increases on new models, Apple bucked its trend of discounting older models by $100 and actually increased prices of older models by $100 - effectively a $200 price move. This combined with the staggered launch should reduce gross margin impact from rising memory costs.

Our analysis shows that like for like 18 Pro / Pro Max models will have significantly worse gross margins than comparable 17 Pro / Pro Max models. Entry models will see over 1000bps of gross margin dilution, and on average 14% lower gross profit $/unit. However, the iPhone Duo, increased price of older models and staggered launch should reduce this gross margin impact.

While we like the new product releases and believe gross margin hit may not be as bad as feared, there continues to be much uncertainty on new level of gross margins with today's elevated memory prices. On the other-hand, these lower price increases on entry models should help Apple continue to gain market share over Android rivals. We rate Apple Outperform, PT $370, but worry that the stock may not work until December quarter guide is behind us (in late October).

Goldman analyst Michael Ng's first take:

During Apple's Special Event "Surprise and Shine" on September 9th, 2026, AAPL announced its new iPhone lineup (Foldable iPhone Duo, 18 Pro, and 18 Pro Max), updated Apple Watches (Series 12 and Ultra 4), and AirPods 5.

Overall, key product feature announcements (debut of a foldable form factor model, Touch ID to open on the iPhone Duo, new A20-series chips, and rear-camera systems) were largely as expected, and should drive continued strength in device demand.

Furthermore, AAPL's decision to bifurcate the iPhone 18 model launches with lower-end models expected (by us) in Spring 2027 should support continued iPhone ASP growth amidst ongoing device premiumization, further supported by explicit $100 price increases for the iPhone 18 Pro and 18 Pro Max and the addition of a new premium 2 TB storage option for the iPhone 18 Pro.

We view this favorable price/mix from premium products as supportive of upside to revenue, which should partially mitigate margin headwinds.

Importantly, Apple's new Apple Upgrade program & attractive carrier promotions (Free/$99 iPhone 18 Pro/Pro Max with eligible trade-in and plan) should support affordability against +$100 price increases. Additionally, as expected, AAPL announced new Apple Watch products (Apple Watch Series 12 and Ultra 4) and new AirPods 5. All iPhone 18 Pro and Pro Max models will be available for pre-order in over 63 countries and regions on Saturday, September 12th with availability beginning Friday, September 18th, while the iPhone Duo will be available for pre-order on Friday, October 16th with availability beginning Friday, October 23rd

Apple shares initially fell as Wednesday afternoon's launch event began around 1 p.m. ET, then reversed course and rallied 3% from the session low.

For new CEO John Ternus, the foldable iPhone's roughly $2,000 to $3,200 price tag sets up a major test of Apple's pricing power and ability to scale production. Strong demand could lift revenue and shift sales toward premium devices, but soaring memory costs coupled with modest price hikes could threaten margins, according to warnings on Wall Street desks. 

Tyler Durden Thu, 09/10/2026 - 09:15

Uganda dropped out of the 2027 Invictus Games after Charles sent out a bombshell letter about the Sussexes' royal status.