Wayfair CFO's Muted Home-Goods Demand Outlook Offers More Bad News For Realtors

Disease Caused By Cyclospora Parasite Now In 45 States: CDC A disease caused by a parasite called Cyclospora has been recorded in 45 states this summer, the Centers for Disease Control and Prevention said in an update. Delaware, Oregon, South Dakota, and Vermont have now logged cases of cyclosporiasis, the disease, the CDC said on July 28. The CDC in its previous update had said 41 states had reported cases. The number of confirmed cases across the 45 states since May 1 is up to 6,707, according to the CDC. More than 11,500...

Judge Dismisses Musk's OpenAI Lawsuit After Jury Reaches Verdict A nine-person federal jury has sided with OpenAI, Sam Altman, Greg Brockman, and Microsoft, determining that Elon Musk filed his high-profile lawsuit too late under the statute of limitations. The verdict effectively ends Musk’s claims that OpenAI abandoned its founding nonprofit mission to benefit humanity. The jury unanimously concluded that Musk knew or should have known about OpenAI’s shift toward a for-profit model and major Microsoft partnerships years earlier - potentially as far back as 2019–2021, making his August 2024 filing untimely. U.S....

"Massive Culling" Imminent For Alt Managers, Soros Fund CEO Warns Authored by Lance Roberts via RealInvestmentAdvice.com, Dawn Fitzpatrick says overallocated LPs, frozen distributions, and mounting margin-call risk are converging into a sector-wide shakeout. Such will eventually separate survivors from the casualties. I used Claude to source data on private credit and equity funds, sources disclosed at the end. In July 2024, I penned an article entitled “Private Equity: Why Am I So Lucky,” which began with: “Lately, I have been getting many questions about investing in private equity. Such is common during raging bull markets, as individuals seek higher rates...