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The Clippers new interim CEO and Governor will immediately oversee the franchise’s basketball and business operations.

Some neighborhoods never go out of style.

Hw did so with a heartfelt Instagram video that showed him reflecting on his career, which includes two separate stints with the Los Angeles Clippers across 18 total seasons.

The "Fashion Police" alum went batty at Natasha Zinko's London Fashion Week show, her first runway walk in over a decade.

The "Fashion Police" alum went batty at Natasha Zinko's London Fashion Week show, her first runway walk in over a decade.

President Trump unveiled his new granite helipad on Monday, but none of the major TV networks carried the event as tensions between the media and the White House escalated.

Trump's 48-Hour Houthi Strike Whiplash Was Triggered By Desire To 'Help His Friend' MbS

President Trump's abrupt Saturday return to the White House from Camp David, where he had been slated to spend the whole weekend, had set off an avalanche of speculation on potential military escalation in the Middle East.

The NY Times and Axios are reporting that the Commander-in-Chief was close to a ordering new anti-Houthi intervention but that he backed out, TACOing once again but this time in pretty rapid order.

Source: White House

"President Trump over the weekend considered ordering a strike against the Houthis in Yemen before deciding to hold off for now, two U.S. officials said," Axios writes Monday. "Trump was caught between wanting to help his friend and ally, Saudi Crown Prince Mohammed bin Salman, and avoiding getting entangled on a new front in the Middle East."

So now the nation stands on the brink of yet a separate Mideast adventure while the Iran conflict has yet to end, this time in Yemen, because Trump desires to "help his friend". But in the end he did not pull the trigger, for now at least.

The NY Times on Sunday laid out a wild, whiplash of a fast-paced timeline in terms of decision-making:

Mr. Trump had met with advisers just the day before and told them he did not favor strikes. But after speaking with the Saudi crown prince, he reversed himself and told the Pentagon to prepare for airstrikes against the Houthis.

But by midday Sunday, the president appeared to have reversed himself again. There would be no U.S. airstrikes against the Houthis — at least not for the time being, according to administration officials. The officials spoke on the condition of anonymity because they were not authorized to discuss military planning.

One wonders if Congress might ever be consulted, instead of going to war after a single phone call with 'friends' in Saudi Arabia and Israel?

Trump has reportedly been mulling what to do about the Yemen crisis for the last two weeks, especially as the Shia group backed by Tehran has ramped up attacks on Aramco facilities in the kingdom.

So far, the White House is only said to have authorized intelligence and targeting assistance. Still, the Houthis keep advancing, regional reports say, after having conquered Yemen's Red Sea coast. To review of some of our Monday morning coverage:

Brent crude oil prices are also lower despite news that Donald Trump had cut short a trip to Camp David to return to Washington, reports that Iran had activated its highest military readiness alert amid claims that the US is preparing to resume attacks, Houthi attacks on the Saudi capital Riyadh, and Pentagon Pizza Report activity suggestive of something afoot.

All of this was accompanied by fresh alerts for American travelers issued by US embassies across the whole Mideast region.

For a little trip down memory lane...

Trump mocked Crown Prince Mohammed bin Salman (MBS) for Saudi Arabia's security dependence on the US: "He didn't think this was going to happen. He didn't think he'd be kissing my ass. He really didn't." pic.twitter.com/q9vJK76O6X

— Glenn Diesen (@Glenn_Diesen) March 28, 2026

Even if Trump were to authorize new direct strikes on Yemen, any purely aerial campaign would be very unlikely to dislodge the Houthis. It could also serve to further divide already stretched-thin US forces and assets in the region. US assets operating over the Gulf area might have to be diverted.

The Houthi rebels have already endured literally dozens of major air raids from the US and Israelis stretching back through the Gaza war. The attacks seemed to only embolden them, and now they can put the chokehold on Red Sea shipping at any time they want.

Tyler Durden Mon, 09/21/2026 - 14:30

The record-breaking anime movie is coming to Hulu.

Is The Lizzie Borden Story hallucinations and wishful thinking all the way down?

Hochul and Attorney General Tish James touted the next steps to implementing the RAISE act – a sweeping package of legislation that takes an aggressive approach to regulating AI in the state – at a press conference in New York City Monday. 

Los Angeles Rams WR Puka Nacua's status against the New York Giants doesn't sound promising.

Presley died on Sept. 20 while at a rehab center, Page Six confirmed.

Presley died on Sept. 20 while at a rehab center, Page Six confirmed.

California’s $231 billion high-speed rail dream could hit a literal dead end at a remote Central Valley orchard. The state’s long-troubled bullet train could be forced to dramatically shrink its first operating segment, potentially leaving both Merced and Bakersfield off the initial route as the project barrels toward a massive cash crunch. Instead, California may...

Critical Metals Shares Soar On Trump's Greenland Deal As Mining Stocks Eye Rebound After Summer Slump

Critical Metals jumped 37.5% to $9.22, while Greenland Energy surged 126% and Greenland Mines soared 136% on news this past weekend that President Trump had announced a security deal with Denmark and Greenland. This is fueling Wall Street's expectations of greater US access to the territory's mineral resources.

Trump said Friday in a lengthy Truth Social post that the US had reached a deal with Denmark and Greenland granting it control over Greenland's security. Danish and Greenlandic officials said the agreement preserves Greenland's sovereignty.

"At my direction, we worked with representatives of Denmark and Greenland to guarantee that the United States will FOREVER have the complete ability to do what is necessary in Greenland to secure and defend the security of Greenland, and the United States of America," Trump stated.

Critical Metals' Tanbreez project offers the West conflict-free (meaning ex-China) rare earth supplies. The company says heavy rare earths make up about 27% of the deposit's total rare-earth content. These materials are critical for magnets, defense systems and precision electronics. 

Based on Critical Metals' latest disclosures, Tanbreez is not yet in commercial production. The company describes it as an advanced, permitted development project that will supply rare earths "once operational."

What's notable about the Tanbreez project in southern Greenland is that it contains about 45 million metric tons of resources. 

According to Critical Metals' March 2026 slide deck, Tanbreez is targeting first ore production in late 2028 or early 2029, with concentrate exports beginning by the third quarter of 2029. That is a major problem for the West, and the market is getting ahead of itself because these critical metals were needed yesterday, as China's quasi-monopolistic position in critical metals is currently choking the West.

That's why we're focused on producers that can deliver today rather than junior miners, as highlighted by the Bloomberg news earlier this morning that South Korea gave Almonty Industries the green light to begin shipping tungsten ore from its Sangdong mine to overseas customers. 

The VanEck Rare Earth and Strategic Metals ETF (REMX) is a fund that holds shares of lithium, tungsten, and other materials miners. 

Its positions include:

• SQM: 7.89%
• Albemarle: 7.74%
• MP Materials: 6.22%
• Lynas Rare Earths: 5.93%
• Almonty Industries: 4.15%

REMX saw a massive run-up beginning in mid-2025 and peaked around June before retracing about 40%. Now the mining ETF is stabilizing with a higher low and could be due for an upside move.

With China choking off critical metal supplies to the West, the market should focus on miners that are producing today and can deliver to fill the West's supply gap. Early movers will win. 

Tyler Durden Mon, 09/21/2026 - 14:15

Wall Street Turns Its Back On Consumer Stocks As Fuel Costs Soar And Yields Surge

US gasoline prices near $4.44 a gallon at the pump, record diesel prices of $6.40 a gallon, and the Federal Reserve's interest-rate hike this week, its first since July 2023, are compounding pressure on household budgets and borrowing costs. Against that troubling backdrop, UBS warns that Wall Street is "turning more skeptical on consumer recovery."

UBS equity trader Mark Paski wrote in a note to clients on Wednesday about the gloomy environment for consumers that has placed renewed selling pressure on consumer stocks as Wall Street grows increasingly skeptical of a second-half earnings recovery, with recent management commentary pointing to persistent cost pressures and limited evidence of a meaningful rebound in demand.

"While part of the recent weakness can be attributed to higher crude prices and rates, the sharp sell-off across apparel, retail and restaurant names suggests investors are looking beyond those factors. Feedback from the conference circuit pointed to a common theme: persistent macro uncertainty, ongoing cost pressures and little evidence of a near-term demand inflection. Management teams broadly flagged pressure from inflation, transportation costs, fuel prices and cautious consumer behavior, reinforcing the view that earnings recovery may take longer than previously expected," Paski said.

He noted that consumer companies' share of S&P market capitalization has tumbled to just 13.5%, a record low, from about 31% in 1992. That decline shows the sector is becoming less relevant to investors.

S&P restaurant stocks are weakening more sharply than the broader consumer discretionary sector, signaling this growing concern ahead of midterm elections.

The hoped-for consumer rebound in the second half is running into a familiar problem: businesses face rising costs while customers remain reluctant to spend.

Speaking at Goldman Sachs' 33rd Annual Global Retailing Conference on Tuesday morning, Dollar General CEO Todd Vasos offered a downbeat assessment of its customer base, warning that "even that middle to upper middle is acting more like a lower income shopper these days."

At the start of the week, Jefferies food analyst Scott Marks flagged new pressure on convenience store customers as gasoline and diesel prices soared in August.

Professional subscribers can read a lot more about consumer stocks here at our new Marketdesk.ai portal. 

Tyler Durden Mon, 09/21/2026 - 13:40

A circuit failure caused an hours-long ground stop Tuesday at all three major New York-area airports, snarling air travel across the US, officials said.

The sickening signs were flashed in the crowd by Sachem North kids during Friday's game against William Floyd, with one poster showing a player and his girlfriend with the question who is “easier to score on.”

The Duchess of Sussex has not been seen since traveling across the pond. Prince Harry, meanwhile, has stepped out for multiple events.

The Duchess of Sussex has not been seen since traveling across the pond. Prince Harry, meanwhile, has stepped out for multiple events.