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Renter Nation Returns? Massive Jump In Multi-Family Unit Starts Despite Builder Sentiment Slump
Renter Nation Returns? Massive Jump In Multi-Family Unit Starts Despite Builder Sentiment Slump
US Housing Starts exploded higher by 19% MoM in June, dramatically more than the already large 11.2% MoM expectation and rebounding from the prior two ugly monthly declines.
This was the biggest monthly increase in Starts since May 2023.
On the other side, the more forward-looking Building Permits declined for a second straight month...
This shouldn't be a total surprise after yesterday's decline in builder sentiment (confidence among US homebuilders dropped for a second month to the lowest level of...
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Mar 26, 2026 / Tyler Durden
"Lord, What Fools These Mortals Be!" Shakespeare's Birthplace To Be "Decolonized"
"Lord, What Fools These Mortals Be!" Shakespeare's Birthplace To Be "Decolonized"
Authored by Jonathan Turley,
In Hamlet, William Shakespeare famously wrote, “To thine own self be true.”
The problem is when others want to present a different “truth” long after you are gone.
Shakespeare is under an unrelenting attack in the United Kingdom from trigger warnings to censoring his prose.
Now, Shakespeare’s Birthplace Trust has announced that it will “de-colonise” the Bard.
In the name of creating “a more inclusive museum experience,” the Trust is moving away from Western perspectives to avoid the dangers of “white...
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May 21, 2026 / Tyler Durden
Lilly's Next-Gen Weight-Loss Drug Clears Trial With Near-Bariatric Surgery Results
Lilly's Next-Gen Weight-Loss Drug Clears Trial With Near-Bariatric Surgery Results
Eli Lilly reported positive Phase 3 results for its next-generation obesity drug, retatrutide, which delivered weight-loss results on par with those of bariatric surgery.
In the TRIUMPH-1 trial, overweight adults, but without diabetes, achieved meaningful weight loss across all tested doses after 80 weeks:
12 mg dose: average weight loss of 70.3 pounds, or 28.3% of body weight.
9 mg dose: average weight loss of 64.4 pounds, or 25.9%.
4 mg dose: average weight loss of 47.2 pounds, or 19%
Ahead of the results,...
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Apr 26, 2026 / Tyler Durden
Compute Costs More Than Talent In AI
Compute Costs More Than Talent In AI
For leading AI companies, the biggest expense is not talent. It is compute.
This chart from Visual Capitalist’s AI Week, sponsored by Terzo, uses Epoch AI data to compare spending at Anthropic, Minimax, and Z.ai across R&D compute, inference compute, and staff plus other costs.
In every case, compute accounts for the majority of total spending, underscoring how capital-intensive it has become to build and serve frontier AI models.
How AI Company Costs Break Down
Despite differences in scale, all three companies allocate the largest share of their budgets to a...
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