Tiger Woods loses his drivers license for 5 years

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Tiger Woods walked out of a Florida court Wednesday with no jail and his DUI charge gone. Pleaded no contest to reckless driving. Five-year license suspension, $1,500 in fines. Breathalyzer came back clean on alcohol. Then he refused the urine test, the one that finds drugs.… pic.twitter.com/HjgeS7RskS — IredcapI (@IredcapI) September 2, 2026 Tiger Woods … Read more

South Korea proposes record $597 billion 2027 budget to supercharge AI investment

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SEOUL, Sept 1 (Reuters) – South Korea on Tuesday unveiled its most aggressive fiscal spending plan on record, setting total government expenditure for 2027 at 821 trillion won ($596.92 billion) to strengthen the country’s ‌technological edge amid the global AI race. In its annual budget proposal, the budget ministry said the spending plan represented a … Read more

Apple stopped growing the iPhone and somehow the stock got even more expensive

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Apple's iPhone business stopped growing 4 years ago. The stock got more expensive anyway. iPhone sales went from $45 billion when Tim Cook took over to more than $200 billion, then stalled near $200 billion since 2021. In the same stretch the stock re-rated to 33x forward… pic.twitter.com/yLbIXsCY1T — Kurt S. Altrichter, CRPS® (@kurtsaltrichter) September … Read more

Howard Lutnick says the White House is preparing new tariffs on semiconductors.

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BREAKING: Howard Lutnick says the White House is preparing new tariffs on semiconductors. Lutnick’s threat for companies who do not build in the U.S. has been 100%. The phase 2 expansion of the chip tariffs already in place will add onto the existing 25% tariffs. pic.twitter.com/JhyCevaoqG — Financelot (@FinanceLancelot) September 2, 2026 White House preparing … Read more

New York City to ban elementary & middle school students from using AI, while also prohibiting teachers from using AI to grade assignments.

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New York City’s public schools will temporarily ban elementary and middle school students from using artificial intelligence tools during the upcoming school year, Mayor Zohran Mamdani announced Wednesday. The one-year moratorium — part of a broader assessment of how children in the nation’s largest school system interact with the technology — will apply to “all … Read more

Leveraged ETFs are a lot more dangerous to hold long term than most people realize, they are even worse than options. 

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I know that sounds crazy. Options have expiration dates. Leveraged ETFs don’t. But that’s exactly why people can get trapped. Most leveraged ETFs reset their exposure every single day. A 3x ETF is trying to give you 3x the DAILY move of its index. It is not promising 3x the return over a year. FINRA … Read more

UnitedHealthcare denied brain injury rehab for a 25 year old even after his doctors recommended it

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THIS IS INSANE!!! A 25-year-old suffered a catastrophic brain injury in a motorcycle crash and UnitedHealthcare is REFUSING to pay for the treatment that could help him wake up… …because they decided it was “NOT MEDICALLY NECESSARY” even though his doctor’s said it was!!! His name is Peyton Alvarez, he’s 25 years old. Back in … Read more

Florida housing just got hit with a nasty combination of falling demand and higher rates

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Mortgage rates are back around 6.75% in Florida, while pending sales nationally just turned negative for the first time since late 2025. Now you’re seeing price cuts and distressed sellers in Florida. And the really interesting part is buyers taking on riskier mortgages just to make the numbers work. That tells me the problem isn’t … Read more

BREAKING | Tyler Robinson will proceed to trial on all 7 counts and will face death penalty. Here’s the statement from Judge Graf, death penalty.

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🚨 NOW: Judge Graf hereby ALLOWS Tyler Robinson to face the CAPITAL FELONY charge in trial — meaning the death penalty is ON THE TABLE He just laid out all the evidence, PROVING why GOOD. The case is rock solid. Time for JUSTICE. https://t.co/yOTiKCNwyJ pic.twitter.com/hHttOsGt3U — Eric Daugherty (@EricLDaugh) September 1, 2026 Case against suspect … Read more

Private credit lenders are quietly charging more to hold the loans nobody wants

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Private credit's weakest borrowers are starting to crack. When a company is too strained to pay interest in cash, it tacks the interest onto the loan instead. That is PIK, and lenders charge extra for it because only the shakiest borrowers need it. Now look at the split. Yields… pic.twitter.com/OuwXX6zfnM — Kurt S. Altrichter, CRPS® … Read more

AI output is getting cheaper while the machines needed to produce it keep getting more expensive

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The $7.5 trillion argument says the AI boom isn’t anywhere near the historical spending limit yet. Fine. But I think the more interesting problem is happening underneath that number. AI is getting cheaper incredibly fast while the cost of building the AI machine is still exploding. That means the bull case now needs usage to … Read more

Woman accused of intimidating jurors in Clancy trial arraigned in Massachusetts court

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While the jury remains divided, authorities arrested a 56-year-old woman outside the courthouse Tuesday afternoon in an incident involving alleged intimidation connected to a criminal proceeding. Dawn Light of Sutton was taken into custody at approximately 3:40 p.m., according to Massachusetts State Police. She is expected to face a charge involving the intimidation of a … Read more

Trump is building monuments to himself while Republicans worry about losing Congress

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Trump is clearly thinking about what he leaves behind. His face is now on a dollar coin. He’s pushing huge construction projects. He’s putting his name and fingerprints all over Washington. But the people who actually have to win elections are starting to worry about 2026. And that’s a bad combination. If Republican candidates start … Read more