Aggregator

One of the thugs used a sledgehammer to shatter the store's glass door and dozens of reckless thieves swarmed the store within minutes.

Buddy Stephens is out of chances at East Mississippi Community College.

Less labor, more flavor for Labor Day.

A $360 million Upper East Side development site once envisioned for a 1,240-foot supertall skyscraper is back on the market after more than a decade.

"Worse Under The Hood": Goldman Warns Consumer Stocks Cracking As Hedge Fund Exposure Tanks

With the US national average for gasoline above the politically sensitive $4-per-gallon level and the University of Michigan Consumer Sentiment Index signaling waning household confidence as summer enters its final innings, pressure is building across the consumer complex.

Goldman Sachs' Scott Feiler warned Tuesday that consumer stocks have suffered several difficult weeks of underperformance, while investor exposure to the sector has collapsed to multi-year lows.

Feiler explained:

Worse Under the Hood: Consumer stocks have had a tough run the last few weeks. The Retail group was -6.5% in August and underperformed the market by over 5%. It has felt a bit worse than that under the surface, given many of the historically owned/quality/growth names have seen sell-offs of 10% to 50%. A list of 10 of these stocks and a few tactical thoughts on each are below...

More importantly, Feiler cited Goldman's prime brokerage data, which show that gross exposure to retail stocks has plunged to a multi-year low, signaling that hedge funds have reduced their exposure this year. The reduction in exposure likely stems from higher gasoline and diesel prices at the pump, combined with elevated inflation, dampening household confidence.

The 10 pullbacks from peak summer prices highlighted by Feiler include:

• Dick's Sporting Goods: -45%
• Burlington Stores: -32%
• On Holding: -30%
• Tapestry: -26%
• Walmart: -23%
• Viking Holdings: -22%
• TJX Companies: -21%
• Ralph Lauren: -19%
• Hilton Worldwide: -14%
• Ross Stores: -13%

Goldman consumer stocks versus AAA retail gasoline

For more on Feiler's tactical views on the 10 names above, Professional subscribers can read the full note here at our new Marketdesk.ai portal.

Tyler Durden Tue, 09/01/2026 - 12:00

An Ohioan pleaded guilty to vandalizing and trying to break into Vice President JD Vance's Cincinnati home in January.

Hickerson, who dated Panettiere on and off between 2018 and her August death, was detained at Barney's Beanery in West Hollywood last August.

Hickerson, who dated Panettiere on and off between 2018 and her August death, was detained at Barney's Beanery in West Hollywood last August.

A trash truck sparked chaos along the 405 Tuesday morning when it caught fire and dumped a massive pile of burning garbage on the road.

With MLB’s September roster expansion going into effect on Tuesday, the Dodgers are adding a familiar face amid their recent offensive struggles. Switch-hitting infielder Alex Freeland is set to rejoin the team, a source with knowledge of the situation confirmed, giving the 25-year-old former top prospect another chance to prove himself at the big-league level....

OpenAI Stops Providing AI Models To Cursor Amid Feud With Elon Musk

Authored by Dylan Morgan via The Epoch Times,

OpenAI said Friday that it plans to stop providing AI models to Cursor, the coding startup now owned by Elon Musk's SpaceX.

This continues a years-long public feud between OpenAI CEO Sam Altman and Elon Musk, who was a cofounder and board member of OpenAI but left in 2018. SpaceX purchased Cursor for $60 billion in June.

"We are making this choice because we cannot be confident that SpaceX will use our technology within our terms of service, based on our experience with Elon Musk's companies violating contracts," OpenAI said.

In a public statement, the ChatGPT-maker said it notified SpaceX that it is winding down its contract and proposed a shutoff date of Nov. 12 - the latest date allowed by contract, according to OpenAI.

The company said that after Musk acquired Twitter in 2022 and renamed it X - which has since been merged into SpaceX - the company broke the terms of OpenAI's contract, but didn't specify in what ways.

The Epoch Times reached out to OpenAI and SpaceX and is awaiting a response.

Cursor cofounder Michael Truell said on X on Aug. 28 that OpenAI models serve about 5 percent of Cursor traffic and that the company is speaking with the OpenAI team to resolve this issue.

In response, Anthropic cofounder and Chief Compute Officer Tom Brown said on X the same day that the company, which already partners with SpaceX, will increase compute to support Claude models in Cursor.

Musk replied to OpenAI's statement on X later that day, saying, "I couldn't care less." He added that Altman and OpenAI President Greg Brockman are "untrustworthy" and repeated his previous accusation that the pair "stole" an open source nonprofit.

The former cofounders' bitter feud has taken the form of social media comments, accusations of betrayal, and a high-stakes court case.

In 2024, Musk filed a lawsuit against OpenAI and its cofounders, including Altman and Brockman, alleging that they betrayed the company's founding agreement of advancing it for the good of humanity as an open source charity that would counter the existential risks of profit-driven AI.

Musk also accused the pair of defrauding him out of $38 million in donations, as well as allowing Microsoft to step in in 2023 - after the firing and subsequent rehiring of Altman as CEO - and push for the resignation of board members who tried to oust him.

"With the reinstatement of Mr. Altman and the restructuring of the board, OpenAI's corporate structure that had been designed as a system of checks and balances between the nonprofit arm, for-profit arm, the board, and the CEO to ensure the nonprofit mission [that] was being carried out, collapsed overnight," he wrote in the suit.

The case landed before a federal court in Oakland, California, last spring, where Altman said he remains committed to OpenAI's original mission of ensuring AI benefits humanity.

Altman went on to accuse Musk of abandoning OpenAI when he left and started his own for-profit competitor, xAI, when his bid to take full control of OpenAI was rejected.

The trial ended May 18 when a jury found Musk's challenge fell outside the statute of limitations.

Tyler Durden Tue, 09/01/2026 - 11:45

Ayesha Curry hinted that Steph Curry has a couple of years left in the NBA, while the 38-year-old star confirmed he wants to retire a Warrior.

Forget schlepping on a crowded subway to Queens to partake in the annual festivities.

The teen athlete will make her debut as a wildcard, playing against Australian Open champion Elena Rybakina in the Women's Tennis Association Tour main draw.

The teen athlete will make her debut as a wildcard, playing against Australian Open champion Elena Rybakina in the Women's Tennis Association Tour main draw.

Gallagher skipped a court hearing in Australia on Tuesday where he was convicted of assault causing actual bodily harm, choking and common assault.

Gallagher skipped a court hearing in Australia on Tuesday where he was convicted of assault causing actual bodily harm, choking and common assault.

"Where are we going to kill the hamsters and have fun?" read one of the twisted messages.

The reggaetón hitmaker will deliver a pair of career-spanning, three-act concerts on Sept. 5-6.

Tropical Storm Edouard Takes Aim At America's Largest Refinery Hub

The National Hurricane Center has issued a hurricane watch for parts of the Texas and Louisiana coasts as Tropical Storm Edouard strengthens in the Gulf of America and tracks directly toward one of America's most critical refining and LNG corridors.

Edouard was approximately 90 miles southeast of Port Arthur, Texas, early Tuesday, with maximum sustained winds of 40 mph, according to the latest NHC update. The storm is expected to make landfall near the Texas-Louisiana border later Tuesday and could approach hurricane strength before reaching the coast.

"Tropical Storm Edouard Advisory 4A (7 AM CDT, Tue Sep 1): Air Force Hurricane Hunters Investigating Edouard. Significant Strengthening is Forecast Before Edouard Reaches the Northwestern Gulf Coast Later Today," the NHC wrote on X.

Tropical Storm #Edouard Advisory 4A (7 AM CDT, Tue Sep 1): Air Force Hurricane Hunters Investigating Edouard. Significant Strengthening is Forecast Before Edouard Reaches the Northwestern Gulf Coast Later Today. https://t.co/GrztW6mQJV

— National Hurricane Center (@NHC_Atlantic) September 1, 2026

Edouard's cone of uncertainty extends over Port Arthur, a major center for US oil refining, natural gas processing and energy exports. The region is home to Motiva Enterprises' Port Arthur complex, the largest refinery in the US, as well as facilities operated by Valero Energy, TotalEnergies and BASF.

Edouard is the fifth named storm of the Atlantic season following an unusually quiet opening linked to El Niño conditions in the Pacific, which have increased wind shear across the Atlantic Basin and disrupted tropical development.

The threat Edouard poses to the heart of the US Gulf Coast refining and LNG complex is particularly troubling given the worldwide refining crisis, with US diesel crack spreads topping $103 per barrel.

Tyler Durden Tue, 09/01/2026 - 11:15