Chicago and San Francisco hold the biggest CMBS distress piles over $15 billion

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Chicago–Naperville–Elgin posts a 26.4% distress rate on $16.6 billion of CMBS loans. San Francisco–Oakland–Fremont sits at 21.5% distress on $18.6 billion. These two metros lead in absolute distressed dollars among markets above the 20% threshold. Across the top 50 metros, total distressed balance reaches $45.8 billion out of $393.5 billion, or 11.6%. Multifamily distress has … Read more

$USO largest trade on record, last number one was in 2008

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Some big whale just bought half a yard of $USO via dark pools, quite bullish since these shares of the ETF were created, not bought from the market https://t.co/LiOLo5qtpA pic.twitter.com/CMfWSTD39U — JustDario (@DarioCpx) August 12, 2026 $USO largest trade on record, last number one was in 2008 byu/I_killed_the_kraken inwallstreetbets  

Trump floats taxing only real capital gains after inflation and bigger home sale breaks

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BREAKING: President Trump’s capital gains tax cut discussions include “indexing” capital gains for inflation BEFORE taxes are calculated. This would mean that taxes would be applied on gains adjusted for inflation. For example, if you purchased a stock for $100,000 and sold it 5 years later for $200,000. Under the current system, you would owe … Read more

CNBC: Nearly 1 in 10 adults used buy now, pay later to pay for groceries in the past 12 months

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“There’s no doubt that there’s pressure in terms of affordability in this country,” said Marshall Lux, a visiting fellow with the Psaros Center for Financial Markets and Policy at Georgetown University’s McDonough School of Business. However, “like everything else, it’s complicated.” With grocery purchases mixed in with other credit card spending, it’s difficult to pinpoint … Read more

Michael Burry says Berkshire lost the Buffett edge under Greg Abel

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BURRY: BERKSHIRE HAS LOST ITS BUFFETT EDGE Michael Burry says Berkshire Hathaway is no longer attractive under CEO Greg Abel, questioning his capital-allocation discipline. Burry argues Abel is deploying cash too aggressively in an expensive market instead of waiting for Buffett-style “fat pitches.” Berkshire spent heavily on buybacks, equities and acquisitions, reducing its cash pile. … Read more

Russia pounds key Ukrainian logistics and defense industry sites –(photos/video)

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Russian forces have carried out new overnight strikes targeting military-related facilities in Kiev and Ukrainian-controlled Zaporozhye, the Defense Ministry in Moscow has reported. In a statement on Tuesday, the ministry said the attack used high-precision ground-based weapons, and struck a Kiev Nova Poshta terminal – an automated sorting complex it said was used to store … Read more

Norway Wealth Fund posts record $184 billion profit.

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Norway’s $2.3 trillion sovereign wealth fund reported a record half-year profit of more than $184 billion on Wednesday, as a rally in Asian technology stocks helped the fund return 9.4%. Norges Bank Investment Management (NBIM) manages the fund, which was set up in the 1990s to invest revenues from the country’s oil and gas industry. … Read more

TMZ has confirmed Rep. Alexandria Ocasio-Cortez and her fiancé, Riley Roberts, have split after years together and an engagement.

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TMZ has confirmed Rep. Alexandria Ocasio-Cortez and her fiancé, Riley Roberts, have split after years together and an engagement. pic.twitter.com/LyRpiRhfMj — TMZ (@TMZ) August 11, 2026 They were engaged for years. Multiple outlets picked up the same report. No joint statement from the couple has appeared yet.  

Fauci’s texts can be read here …

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Senators Johnson, Paul Release Initial Texts from Dr. Fauci’s Government iPhone August 10, 2026 Dr. Fauci in Jan. 2021: second dose of covid vaccine “theoretically could be associated with miscarriage in the 1st trimester” WASHINGTON, D.C. – Today, U.S. Sen. Ron Johnson (R-Wis.), chairman of the Permanent Subcommittee on Investigations, and U.S. Sen. Rand Paul (R-Ky.), … Read more

The new NVIDIA Nemotron 3.5 Lightning delivers up to 4x the output speed of similar-sized models

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This architecture allows the model to deliver the reasoning and knowledge capacity of a much larger dense model while achieving the inference speed and lower computational cost of a smaller model. Will it’s implementation across industries continue to reduce the current workforce ?? Can any knowledgeable programming/computer experts weigh in on the pro/cons of this … Read more

We’re very close to a time where Trump’s “we have a deal” lines can’t stop the selling in the markets. He basically has zero credibility now.

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We’re very close to a time where Trump’s “we have a deal” lines can’t stop the selling in the markets. He basically has zero credibility now. — QE Infinity (@StealthQE4) August 11, 2026 🇺🇸🇮🇷 US-IRAN NUCLEAR DEAL ODDS HIT NEW LOWS Odds of a US-Iran nuclear deal have fallen to fresh lows on Kalshi. Traders … Read more

Big tech is lighting money on fire for AI data centers at a scale never seen before

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When it comes to the AI hyperscalers and financing the math ain’t mathing: https://t.co/YpQO7viLtV — QE Infinity (@StealthQE4) August 12, 2026 The AI boom made 7 companies absurdly profitable. Everyone else is stuck exactly where they started. Profit margins for the 7 biggest tech names have climbed to roughly 25%. The other 493 companies in … Read more