Real Estate Miami Has 138% More Home Sellers Than Buyers, Redfin Says Miami has 138% more home sellers than buyers per Redfin, second only to Nashville, as the U.S. hits its strongest buyer's market on record.
AI Bill Burr: Replace CEOs with AI, Not the Workers Bill Burr told Rolling Stone that AI should replace overpaid CEOs, not workers. The joke lands against a 290-to-1 CEO-to-worker pay ratio and a market pricing in AI-driven labor cuts.
Macro Treasury to Buy Up to $6B in Long-Dated Debt Thursday The US Treasury will purchase up to $6 billion in longer-dated government debt Thursday, the first operation under Bessent's expanded buyback program aimed at capping rising long-end yields.
AI Anthropic's Claude Discovers Novel CRISPR-Like Enzyme System in Phage DNA Anthropic says Claude discovered a previously unknown CRISPR-like enzyme system, ART, hidden in bacteriophage DNA. Here's what it means and which tickers to watch.
Politics White House Ballroom Architect Quit Over Trump Safety Code Clashes Architect James McCrery II resigned from Trump's $400M White House ballroom project after warning the designs violated fire and safety codes. Trump reportedly told him, “I am the code.”
Markets Adults Now Outspend Parents on Toys as Kidult Boom Fuels Industry Adult-only households now make up 55% of US toy sales and grew 16% through June, outpacing homes with children. Collectibles, trading cards, and nostalgia are reshaping the toy trade.
Geopolitics China Holds F-35 Stealth Parts Diverted to Hong Kong by UPS China has taken possession of F-35 stealth parts, including a cockpit canopy and weapons-bay door, that were diverted to Hong Kong via UPS from Australia. Watch LMT and UPS for fallout.
Politics Merkley, Wyden Pitch $50K Federal Match for First-Time Homebuyers Sen. Jeff Merkley and cosponsor Sen. Ron Wyden are pitching the Homeownership Promise Act, a 5:1 federal savings match up to $50,000 for first-time homebuyers. Homebuilders and mortgage lenders are the read-through.
Macro US and China Extend Trade Truce to January 10, Bessent Says Treasury Secretary Scott Bessent said the US and China have agreed to extend their trade truce to January 10, pushing back the November tariff deadline as Xi arrives in Washington.
Markets Even medical pros are skipping health insurance over cost, per WaPo The Washington Post reports that even doctors and pharmacists are dropping health insurance as premiums surge, spotlighting risk for managed care, hospitals, and pharmacy names tied to ACA subsidy policy.
Markets US home prices posted fastest annual gain in a year in August: Redfin Redfin says US home prices rose 3.7% year over year in August, the fastest annual pace in a year, even as sellers outnumbered buyers by 58% in the strongest buyer’s market on record.
Markets Mamdani: DoorDash Underpaid 260K+ NYC Delivery Workers, $131.5M Deal NYC Mayor Zohran Mamdani announced a record $131.5M settlement with DoorDash after the city found the company underpaid more than 260,000 delivery workers, with $115M going directly to Dashers.
Markets Michael Burry Adds to Micron Short as Memory Thesis Deepens Michael Burry disclosed he shorted more Micron, Nebius, SOXX, and Palantir “in some size,” doubling down on his AI memory glut thesis after fresh supply warnings from Acer.
energy Rubio: Diesel Would Be $18 a Gallon If Not for Trump Marco Rubio said diesel would hit $18 a gallon without Trump, as US diesel prints a record $6.53 average and Washington debates an export ban.
energy Trump Weighs Diesel Export Ban as Prices Hit Record $6.53/Gal Treasury Secretary Scott Bessent says the Trump administration is examining a full or partial diesel export ban as US diesel prices hit a record $6.53 per gallon. Trump backs the idea; analysts warn it could backfire.
Geopolitics Rubio: New Greenland Deal Lets US Build Unlimited Military Bases Rubio says the new US-Denmark-Greenland pact is permanent, lets Washington build unlimited military bases, adds a Golden Dome missile shield, and blocks Chinese investment in the Arctic.
AI Jensen Huang: Develop AI ‘As Fast As We Can,’ Rejects Slowdown Calls Nvidia CEO Jensen Huang told CBS News that AI should be built as fast as possible, rejecting calls from Anthropic and others to slow frontier development.
Macro Bessent Raises Treasury Buyback Size Again to Cap Long-End Yields Treasury Secretary Scott Bessent has raised the bond buyback size again, extending an unusual push to cap long-end yields. Here is what traders should watch across TLT, TLH and rate-sensitive names.
Politics Networks Suspend White House TV Pool After Trump Bans CNN, MS NOW, Politico ABC, CBS, NBC, Fox News and CNN suspended White House TV pool coverage of President Trump after the administration blocked CNN from its assigned rotation, as CNN, Politico and MS NOW sue over the ban.
energy GOP Weighs U.S. Diesel Export Ban as Prices Hit Record $6.51 Republican lawmakers including Sen. Chuck Grassley and Rep. Tim Burchett are pushing for a U.S. diesel export ban as pump prices hit a record $6.51 per gallon. Refiners and integrated energy names are in focus.
Markets GLP-1 makers Novo Nordisk, Eli Lilly hit with vision loss lawsuits Novo Nordisk and Eli Lilly face dozens of lawsuits alleging Ozempic, Wegovy and Zepbound caused NAION, a rare and often permanent form of vision loss.
Real Estate US Home Sellers Outnumber Buyers by Record 563,000: Redfin Redfin says US home sellers outnumbered buyers by a record 58% in August 2026, roughly 563,000 more listings than active buyers. Sun Belt metros lead the imbalance as builders keep adding supply into a stalled demand backdrop.
Macro Job Market Flips: Non-College Young Workers Beat Grads on Unemployment Per WSJ and a Burning Glass Institute analysis, unemployment for younger non-college workers is near two-decade lows, while college grads face one of their worst job markets, partly due to AI eating entry-level roles.
Tech WSJ: A computer-science degree is no longer a golden ticket The WSJ says a computer-science degree is no longer a golden ticket, as AI, tighter hiring, and a flood of new grads reshape the tech job market.
Commodities FT: Copper Facing Major Supply Shortfall Starting 2027 The FT reports a big shortfall in copper supply is expected from 2027, with Citi, Deutsche Bank and JPMorgan warning of a structural deficit. Miners like FCX, SCCO, BHP and RIO are in focus.
