Aggregator

George Kay's gripping new crime thriller has entered the chat.

Get personalized advice right when you need it.

The country icon leaves behind an impressive catalog that will never be forgotten.

Their efforts have already led to three babies being born — with 14 more on the way.

To survive the back-to-school mom group chat, you’ve gotta be one tough cookie. 

Alice Stilwell, 67, and her partner of more than 20 years Robert Barr, Jr., 54, were tragically killed Saturday morning.

Only one in five millennials doesn’t project a financial image at all, compared to 33% of Gen X and 42% of baby boomers.

The Bravo boss also revealed whether he's been offered a spot on "The Traitors" yet.

The Bravo boss also revealed whether he's been offered a spot on "The Traitors" yet.

The Los Angeles Lakers have returned from their four-day minicamp in Slovenia, hosted by superstar Luka Doncic. Their trip to Doncic’s home country — which featured working out, playing pick-up games, golfing and exploring Ljubljana — was evidently a fun time. So much so, that Jarred Vanderbilt is considering getting a Slovenian passport. The Lakers...

"All Accurate": Musk Confirms Massive New Starship Rocket Base In Louisiana

Our report from several weeks ago, titled "SpaceX In 'Final Stages' Of Securing Massive New Rocket Launch Site In Louisiana," was confirmed Tuesday afternoon by Elon Musk and his rocket company.

"Starbase, Louisiana, will be built to support thousands of Starship flights a year, with missions launching to Earth orbit, the Moon, Mars, and beyond," SpaceX wrote on X.

Starbase, Louisiana will be built to support thousands of Starship flights a year with missions launching to Earth orbit, the Moon, Mars, and beyond pic.twitter.com/SE6gyNZWBK

— SpaceX (@SpaceX) August 25, 2026

Musk also chimed in, saying reports about the new $100 billion spaceport near Pecan Island, Louisiana, were "all accurate."

All accurate https://t.co/FkmQCEoS0i

— Elon Musk (@elonmusk) August 25, 2026

Let's come back to our Aug. 3 report, in which we cited the Times-Picayune:

SpaceX is poised to take control of roughly 130,000 acres at Pecan Island, more specifically in coastal Vermilion Parish, as part of a settlement resolving long-running coastal lawsuits against ExxonMobil. Gov. Jeff Landry is expected to announce the agreement this month.

One X user responded to Musk's post: "This is unironically the biggest thing to happen to Louisiana since the Louisiana Purchase."

 

Tyler Durden Tue, 08/25/2026 - 13:40

Film culture has entered its witching-hour era — with people rearranging sleep, work, transit and even common sense just to experience a film on the right screen.

Better.com’s new boss once told founder "I actually love you" and showered him with praise as a "0.01%" talent — before replacing him in the top job.

The Jets’ preseason kicking competition — which hasn’t exactly generated much optimism — is over for now.

The Supreme Court temporarily cleared the way for Trump’s election-related executive order to move forward, but left the underlying legality of the mail-ballot rules unresolved.

Vanity Fair cut ties with the reporter after she was caught smiling and winking during the Lindsay Clancy triple-murder trial.

Donald Steven Lang, 62, who was known to frequent ports in California, was captured over the weekend in Canada.

Stellar 2Y Auction Stops Through On Most Foreign Buying Since March 2025

After last week's post "Bessent buyback" fireworks, which sent yields on a rollercoaster ride in the subsequent days, many were very curious to see how today's sale of $69BN in 2 year paper, the week's first coupon auction, would go and whether Bessent inadvertently had impaired primary market issuance. In the end, the auction went through without a glitch.

The $69BN auction of 2Y notes priced at a high yield of 4.204%, down notably from 4.315% last month as rate hike odds have eased substantially, and stopped through the When Issued 4.208% by 0.4bps, the 3rd consecutive stopping through auction in a row.

The bid to cover was an unspectacular 2.599, down from 2.662 in July and the lowest since March (it was below the 2.611 recent average).

The internals were stronger with Indirects awarded 66.0%, up from 56.6% and the highest allocation to foreign buyers since March 2025. Directs dropped to 23.09% from 34.05%, the lowest since March, which left 10.9% for Dealers the second lowest since February. 

Overall, this was a stellar 2Y auction and one would hardly have guessed that the bond market had gone through the most turmoil of 2026 just a few days earlier.

Tyler Durden Tue, 08/25/2026 - 13:23

Kohl’s gave shoppers double the trouble.

Guggenheim Loan Craters, Fund Hits GFC Lows As Feds Probe Walter's Empire

A first-lien loan due in 2031 tied to Guggenheim Investments, the asset-management arm of Mark Walter's Guggenheim Partners, cratered to roughly 72 cents on the dollar Monday, according to Bloomberg data. The hefty discount suggests that lenders remain unconvinced by management's efforts to contain mounting fears over deteriorating earnings, accounting practices and ongoing federal investigations into Walter's financial empire.

The $1.18 billion loan, issued by GIH Borrower LLC, dropped to a low of 72 cents on the dollar Monday morning. 

Walter's Guggenheim Partners reported a 38% year-over-year decline in second-quarter revenue last week. Management told investors that much of the deterioration was attributable to delays in recognizing advisory fees at Guggenheim Private Investments.

Shares of the Guggenheim Strategic Opportunities Fund are crashing to their lowest level since the Global Financial Crisis.

The loan market, however, appears to be delivering some bad news. Because Walter's businesses are privately held, the declining value of Guggenheim's loan offers investors a real-time indicator of concerns surrounding how Delaware Life Insurance Co. and its affiliate, Clear Spring Life and Annuity, two Group 1001 insurers, labeled about $20 billion in loans to companies within Walter's empire.

The insurers reclassified billions of dollars in investments as affiliated or related-party transactions after receiving grand jury subpoenas and conducting internal reviews. Lending to affiliates is not illegal, but it must be properly disclosed.

Related:

1. FBI Seized Mark Walter's Devices Months Before Record $12.5 Billion Lakers Sale

2. "Cash Crunch" Deepens? Mark Walter Explores Chelsea FC Stake Sale To Clearlake

3. Mark Walter Probe Puts Wall Street's Insurance-Private Credit Machine Under DoJ Scrutiny

CNBC reported that Walter's TWG Global holding company has tapped veteran Goldman Sachs lawyer David Markowitz to serve as its chief legal officer amid the federal probe.

Tyler Durden Tue, 08/25/2026 - 13:20