🏠 HOME
💸 MONEY
🎯 SUCCESS
🧠 Brain 🌍 Travel Archive 🚀 Space Archive 🎙️ Podcasts 📺 Video Archive 🎥 Crime & Movies
  • Skip to main content

Mad Mad News

LIVE ABOVE THE MADNESS

Order Now • Check Delivery Today
As an Amazon Associate I earn from qualifying purchases. Delivery availability varies by item and location.

The Street

Chipotle makes a key in-store change customers will love

September 16, 2026 MMN Editor Filed Under: Uncategorized

After high school, my son moved from working at Wendy’s to working for Chipotle. It was a fairly major change, as the Mexican chain actually makes all of its food fresh each day.

He would start his shift by frying tortillas to make chips, mixing guacamole, and prepping food for the grill. As the day went on, he manned the grill and tried to stay ahead of customer demand as the store got hit by both people in line and digital orders.

In that job, he learned the skills that translated to him becoming a line cook, and now a supervisor, at a sports bar chain.

What he did not get at Chipotle was much in the way of coaching or any help along his career path. That was disappointing, since he plans a career in the restaurant space, and the Mexican chain could have offered him a long-term path.

It’s hard to know if that was his location, which had a less-than-stellar manager, or a lack of corporate policy designed to develop workers.

Now, however, the chain has taken a major step toward creating its next set of top managers. Every company-owned store in the chain will be adding an Apprentice, a sort of General-Manager-in-training position designed to ensure the chain has the leaders it needs to meet its expansion goals.

ALSO READ: 38-year-old beloved steakhouse chain closing over 40 locations

Chipotle rolls out its apprentice program

Finding competent leaders remains a challenge in the restaurant space.

“Recruiting and retaining was listed as the largest challenge at 32.9%, followed by food costs at 29.7% and sales volume at 18.5%. Recruiting and retaining the staff has remained a challenge, too, at 32% in mid-2024 and 27% in mid-2025,” according to a Restaurant 365 survey.

That’s a problem Chipotle has decided to be aggressive in solving.

“As the company works toward its long-term goal of operating 7,000 restaurants across the U.S. and Canada, it expects to open between 350 and 370 new restaurants in 2026. To enable its expansion, the company aims to place an Apprentice in each of its more than 4,200 company-owned restaurants by the end of 2027, strengthening the management infrastructure needed to support its growing footprint,” it shared in a press release.

The chain currently has an Apprentice, a manager training to be a general manager, in about 75% of its company-owned stores. More than 85% of Chipotle’s restaurant managers began their careers as crew members, according to the company.

“The Apprentice role serves as a critical bridge to becoming a General Manager, preparing high-performing employees to oversee restaurant operations, develop teams and uphold Chipotle’s operational standards. Chipotle’s career pathway provides employees with a clear roadmap to advance from crew member to General Manager — and ultimately into field and regional roles,” it shared.

Chipotle workers actually make your food as it’s ordered.Shutterstock

Chipotle shares how the Apprentice program helps stores

“Every Crew Member we hire has the potential to become a future restaurant leader,” Chief Legal and Human Resources Officer Ilene Eskenazi said. “Developing leaders from within allows us to create meaningful careers for our people while ensuring every restaurant is led by someone who understands our culture and our commitment to exceptional guest experiences.”

In addition to building Chipotle’s pipeline of future General Managers, Apprentices provide additional leadership and staffing coverage during peak periods and weekends, helping teams focus on operational execution.

The role also helps build a stronger team culture while delivering more consistent guest experiences across in-restaurant and digital occasions.

By taking ownership of key areas, including training and the digital makeline, Apprentices allow General Managers to distribute responsibilities more effectively, improve digital execution, and consistently deliver Chipotle’s standards for hospitality.

Restaurants with Apprentices also generally achieve better operational scores, which can contribute to improved restaurant economics over the long term.

Hiring remains a challenge for restaurants

While the economy has led to a better supply of applicants, restaurants have still struggled to hire the right people, according to the National Restaurant Association (NRA).

“While hiring is easier today than it was a few years ago, staffing remains a persistent challenge, even as restaurants continually bring on new employees. This is particularly true for key employees, such as managers, chefs, and other highly skilled specialists. At the same time, the industry is prone to turnover, so there is always a need to staff restaurants,” the NRA reported.

Chipotle’s Shelly Grange described today’s labor market to the NRA as “the big, scary stay” — a period marked by intense competition for talent, even though many workers remain hesitant to switch jobs. Despite broad economic anxiety, she noted that most Chipotle locations are adequately staffed, but demand remains high for specialized roles and strong managers.

Having adequate staff is key to growth, according to restautant operators surveyed by the NRA.

“The costs associated with turnover and lost productivity from understaffing also add to margin pressures most operators are feeling. Nearly 79% of operators who were short-staffed said it significantly limited their ability to grow and succeed,” the data showed.

Chipotle, with its Apprentice program, has made a decision to get ahead of the hiring curve. The chain has also invested in new technology to make its workers more efficient.

“Because we’re reinvesting the labor efficiency back into our restaurants, our crews can spend more time with our guests, strengthening hospitality and delighting them by being properly deployed during their busiest periods,” CEO Scott Boatwright said during the chain’s second-quarter earnings call.

ALSO READ: Casual Mexican restaurant chain closes more locations, 3 remain

Michael Burry reveals his verdict on the ongoing AI bubble

September 16, 2026 MMN Editor Filed Under: Uncategorized

Every time Silicon Valley’s biggest names line up behind a single message, someone eventually asks who benefits from such universal agreement. This time, that someone was the investor best known for calling the housing crash before almost anyone else saw it coming.

Michael Burry has spent the past year building a reputation as one of the AI industry’s loudest skeptics. His latest target is not a stock but a story. When three of the sector’s most powerful executives suddenly agreed the technology needed to slow down, Burry saw the timing as less about caution and more like a self-serving pitch.

Michael Burry calls the AI slowdown self-serving

Burry has spent much of 2026 building short positions against companies tied to the AI trade, disclosing bets against Nvidia, Tesla, Micron, Applied Materials, Caterpillar and a leading semiconductor ETF, according to TheStreet.

On September 14, Burry published a post on X and on his Substack, Cassandra Unchained, arguing that people should take a moment to understand how self-serving it is for OpenAI, Anthropic and other big hyperscaler executives to talk about slowing things down. The post circulated quickly across financial media, Yahoo Finance reported.

Related: Michael Burry doubles down on his surprising AI bet

The post arrived days after a wave of public agreement among rival AI labs. Anthropic chief executive Dario Amodei published an essay calling for a deliberate slowdown in AI capability development. The idea was quickly supported by OpenAI’s Sam Altman, Elon Musk and Alphabet’s Demis Hassabis. A rare moment of alignment among executives who normally compete fiercely for compute and talent.

Burry’s broader argument has centered on a feedback loop in the AI trade: the idea that chip stocks rise because hyperscalers spend heavily, partly because chip stocks keep rising. He has argued that a feedback loop can look like real demand even when it is partly self-reinforcing hype.

Inside Anthropic CEO’s slowdown manifesto

Amodei’s roughly 3,800-word essay, titled “We Must Pace the Frontier,” argued companies should independently monitor model development, coordinate with other democratic AI labs, and eventually reach an agreement with authoritarian governments including China. He framed the plan as pacing rather than halting AI progress, CNBC reported.

Altman was on board within hours. So was Musk, who posted three words: “Dario is right.” Demis Hassabis of Google DeepMind followed. Three labs that normally fight over every GPU and every talent hire suddenly had the same public position.

The China provision proved the most contentious part. Amodei urged Washington to maintain tightening chip export controls and take stronger action against unauthorized model distillation, while acknowledging that China’s willingness to cooperate remained the toughest unresolved question. Beijing’s state-run Global Times dismissed the essay as a Cold War playbook. President Trump separately stated the U.S. was leading China in AI and had no interest in slowing down, according to CNBC.

Michael Burry has spent the past year building a reputation as one of the AI industry’s loudest skeptics.Bloomberg / Getty Images

Burry’s four reasons for his skepticism

Burry laid out his skepticism in four numbered points. His first objection challenges the entire premise: he argues that large language models are not artificial intelligence and will never become artificial general intelligence. “LLMs are not AI and won’t be AGI. There is nothing AI to slow down,” he wrote.

His second point turns to competition. Burry argues that slowing frontier development benefits whichever companies are already ahead, since fast-moving rivals lose the most ground when the pace of the whole industry deliberately eases.

His third reason zeroes in on timing. Both OpenAI and Anthropic filed confidential paperwork for initial public offerings earlier this summer. OpenAI’s Sam Altman has said an IPO this year would be an “ill-advised moment,” while Anthropic is targeting an October listing on the Nasdaq at a valuation that could reach approximately $2 trillion. Burry argues that warnings framed as “we are so awesome it could become dangerous” function as marketing ahead of some of the largest listings Wall Street has ever seen, Yahoo Finance reported.

His fourth point is the sharpest. Burry suggests the safety talk could provide cover for a slowdown in growth that has nothing to do with caution, pointing to Altman’s own admission that an OpenAI IPO this year would be ill-advised. Safety concerns and IPO incentives may be more closely intertwined than the companies acknowledge, he argued.

Other skeptics and the bigger picture

Burry is not alone in questioning the motives behind the push. David Sacks, the White House AI and crypto czar, argued that if Anthropic and OpenAI genuinely believed their models were too dangerous to release, they could simply slow down on their own rather than tying that restraint to new regulatory frameworks first.

Anthropic’s own house is not fully in agreement either. The company’s head of economics put out data this summer showing no clear AI-driven job losses in the broader economy. That sits awkwardly next to Amodei’s warnings of a looming white-collar bloodbath.

The IPO filings are in. The roadshows are coming. That is when the safety language gets stress-tested against actual financials. Burry’s reading is simple: watch the timelines, not the essays.

Related: Jensen Huang just answered Michael Burry’s Nvidia bear case

Walmart’s ‘buttery-soft’ lounge set that comes in 15 colors is only $23 right now

September 16, 2026 MMN Editor Filed Under: Uncategorized

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.

Why we love this deal

There’s a well-known saying that style knows no comfort, but we disagree. These days, cozy clothes and lounge wear have been redesigned to be as fashionable as they are functional, and with so many two-piece sets on the market that combine fun colors, comfortable fabrics, and cute matching aesthetics, there’s no better time to stock our closet with a bunch of them. The perfect thing to throw on when you want to stay comfy but still look presentable, lounge wear is a worthwhile investment, but with great sales on styles like the Mintreus Lounge Set always going on at Walmart, you don’t have to spend a ton to get a great new look.

The two-piece set, originally $40, is now on sale for 43% off during a Walmart Flash deal. With so many colors to choose from and a fresh new season bringing in cooler temperatures, there’s no better time to add a few sets to your wardrobe to stay cozy and warm all autumn long. 

Mintreus Lounge Set, $23 (was $40) at Walmart

Courtesy of Walmart

Shop at Walmart

Why do shoppers love it?

Most lounge sets are made of synthetic fabrics, and while they have their merits, they tend to trap heat and moisture, shed harmful microplastics, and can cause irritation for those with sensitive skin. This set is unique by being made with cotton. Not only does this give the lounge set a soft, fluffy feel but ensures exceptional breathability, letting air move more freely to keep you cool. It’s also much more gentle on the skin.

The two-piece set includes a short-sleeve round-neck top and a wide-leg pant, both designed with comfort and style in mind. The pullover knit shirt has oversized short sleeves with a drop shoulder design and side-split hem. The bottom of the short has a high-low irregular cut, providing some dimension to the ensemble. The pants are high-waisted with an adjustable waistband, with two pockets along the sides. They are designed in the loose, flowy culotte style and are not form fitting or tight. 

The set is available in 15 colors and prints, but each set, regardless of color or print, has a black or white fabric border along the sleeves and the bottom of the shirt. Available in sizes small through 4XL, the set can be worn together as one ensemble, or you can mix and match the shirt or pants with other apparel pieces from your closet. 

Related: REI is selling a $185 merino wool-insulated vest for 46% off

The one key thing to note is that when it comes to care you should avoid using the washing machine. Always hand wash the clothing in cold water and then lay it out to air dry somewhere before storing in your dresser or closet. 

Details to know

Material: Cotton.

Colors: 15.

Sizes: Small through 4XL.

Care: Hand wash with color water and let air dry. 

This “buttery soft” set is so nice that many shoppers have bought multiple versions in different colors. The pockets are large and functional, and it’s great to wear inside or outside of your home. “This set is lightweight cotton, so flowy and soft,” one shopper said. It’s flattering on all body types and can be worn as sleepwear or as everyday clothing. “I can lounge around the house all day, go outside and not look dumpy.”

Shop more deals 

Moshu Button Down Two-Piece Lounge Set, $15 (was $29) at Walmart

Yteetum Two-Piece Sleeveless Lounge Set, $3 (was $4) at Walmart

Fantaslook Pajama Set, $20 (was $46) at Walmart

With the weather becoming cooler each day that we inch forward to fall, the need for a cozy sweat set like the Mintreus Lounge Set only increases. Stay comfortable and look great indoors and outdoors with the affordable $23 set. 

ETF fueled by Iran war goes bonkers, gains 3,600%

September 16, 2026 MMN Editor Filed Under: Uncategorized

The biggest return in the U.S. market this year came from the cost of moving oil across the ocean.

The Breakwave Tanker Shipping ETF (BWET) has climbed about 3,600% since the start of the year. That makes it the top-performing non-leveraged fund in the country, ahead of every AI and energy trade that grabbed headlines.

BWET now trades near $726 a share, up from under $20 in January. The huge increase traces back to one event that reshaped global shipping, and it carries a warning for anyone tempted to buy in now.

How the Breakwave Tanker Shipping ETF actually makes money

BWET tracks the price of moving oil by sea. It does that by holding short-dated freight futures, which are contracts that lock in the future cost of renting an oil tanker.

About 90% of the fund follows shipping agreements with the biggest tankers on the route from the Middle East to China. Those agreements lift BWET whenever hiring rates increase.

The fund launched in May 2023 as the first U.S. oil-tanker shipping ETF. Its manager, John Kartsonas, the founder and managing partner of Breakwave Advisors, has built the firm around the shipping industry.

Freight rates for supertankers have soared as the Iran war reroutes crude away from the Strait of Hormuz.picture alliance / Getty Images

What the Iran war did to shipping through the Strait of Hormuz

The rally began with the war between the United States and Iran, which started with joint U.S. and Israeli strikes on Feb. 28, 2026. Iran responded by restricting the Strait of Hormuz, which is the narrow channel that normally carries about a fifth of the world’s oil.

Traffic through the Strait fell from more than 100 vessels a day to about five, Al Jazeera reported. Ships now take far longer routes, some sailing around Africa, which ties up tankers for weeks and leaves fewer available to carry cargo. 

More Energy Stocks:

Tesla stock investors stand to gain from U.S. power grid

147-year-old oil giant just made high-stakes bet in Venezuela

Louis Navellier delivers hot take on rising bond yields

Due to the tankers taking longer routes, hiring rates jumped, and the benchmark rate for the Middle East-to-China route hit a record, CNBC reported. Pressure grew in early September when Iran-backed Houthi forces seized the Red Sea port of Mokha, threatening the main alternative route, according to NPR. 

Wall Street expects the strain to last. “Markets are increasingly pricing a prolonged Mideast conflict,” said Daan Struyven, head of oil research at Goldman Sachs, who warned Brent could pass $120 in 2027 if shipping attacks worsen, CNBC noted.

What to weigh before buying BWET after a 3,600% run

Anyone considering BWET now is looking at a fund that has already climbed from under $20 to about $726. Buying after that kind of run means accepting the risk of entering near a peak.

The fund’s price depends on a tanker shortage that could ease quickly. A ceasefire, or the reopening of shipping lanes, would pull charter rates down fast, and BWET with them. 

Also, because the fund constantly replaces expiring contracts with new ones, long-term investors face a steady drop in value once shipping markets calm down. On top of that, it carries a very high 3.5% yearly fee and issues a K-1 tax form, which means more complicated paperwork when doing your taxes.

Kartsonas has said most holders treat it as a short trade. Trading volume is high, but assets under management have barely moved, “which tells me that most of the folks are in and out,” Yahoo Finance reported. 

For most investors, BWET works best as a short-term tactical position with a clear exit plan.

Related: Goldman Sachs sends strong warning to bond investors

Amazon’s $47 tool set comes with 152 pieces and a drill

September 16, 2026 MMN Editor Filed Under: Uncategorized

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.

Why we love this deal

If there’s one thing everyone should have in their home, it’s a household tool kit. Whether you have a full-sized home improvement kit with a drill or just a small multi-tool for spur-of-the-moment jobs, a good set of tools is a must have. That’s why we were so excited to see an extensive tool kit available at a discount from Amazon. This deal is worth every penny, especially when you consider all the things you can do around the house with this set.

The Marvtool 152-Piece Household Tool Set is on sale for only $47. If you’re on the hunt for a great set of tools for just about any possible need, then this is the pick for you.

Marvtool 152-Piece Household Tool Set, $47 (was $49) at Amazon

Courtesy of Amazon

Shop at Amazon

Why do shoppers love it?

This tool set is one of the best all-around everyday kits you can buy in this price range. It includes screwdrivers, wrenches, pliers, a hammer, tape measure, cordless drill, and a host of other small handheld tools for basic uses. You also get a set of wall anchors and screws and multiple sockets of different sizes. There truly isn’t a small-to-medium-sized DIY project that you can’t complete with this tool set. It even includes a molded plastic toolbox for carrying and storing all of your tools.

The value of this set is in its variety. Whether you simply want to hang a small picture on the wall or you’re planning to assemble a full-sized outdoor shed, you’ve got what you’ll need in this kit. While it’s extensive at 152 pieces, it’s still portable enough to keep under the sink, in a kitchen drawer, or even in the trunk of your car. The variety of tools included means this can also serve as a great mechanic’s tool set to keep in your vehicle in case of emergencies or unexpected breakdowns.

The real highlight of the set, however, is the powerful drill that comes with it. The drill has a 25+1 torque adjustment, which allows you to handle all sorts of jobs, large or small. It also has a built-in LED light, which lets you see what you’re working on, even in low-light conditions. Finally, the rechargeable battery has a quick-charging design that allows you to charge in a hurry if the battery happens to run low during a job.

Related: Amazon is selling a $130 Greenworks brushless hammer drill for 59% off during its Labor Day sale

Amazon shoppers raved about this tool set. One called it the “perfect set” for “small DIY projects” before adding that “it has a good mix of the basic tools needed for everyday little repairs.”

Shop more deals 

Craftsman 2-Piece Pliers Set, $17 (was $23) at Amazon

Craftsman 140-Piece Impact Driver Bit Set, $40 (was $50) at Amazon

Sharden 13-in-1 Ratchet Screwdriver, $10 at Amazon

If you need a new tool set that can handle all sorts of projects around the house, then the Marvtool 152-Piece Household Tool Set is for you. Spending just $47 on such an expansive tool set is a small price to pay for how many projects it can help you complete. 

Amazon is selling a 7-piece boho comforter set with matching sheets for $34

September 16, 2026 MMN Editor Filed Under: Uncategorized

TheStreet aims to feature only the best products and services. If you buy something via one of our links, we may earn a commission.

Why we love this deal

There’s no better time to upgrade your bedding than the start of a new season. Whether it’s swapping a quilt for a comforter or changing up the pattern, it’s time to start looking with fall right around the corner. If a new design that will change up your bedroom decor is what you’re after, Amazon is the perfect place to shop.

The Jollyvogue 7-Piece Boho Comforter Set is one of Amazon’s many offers. Complete with seven pieces, you can make over your bedroom with just one purchase. The set is on sale for only $34, which is 32% off its regular price of $50. However, as a limited-time Lightning Deal, there’s not much time to get in on this. Once 100% of the deals are claimed, the discount is no longer available.

Jollyvogue 7-Piece Boho Comforter Set, $34 (was $50) at Amazon

Courtesy of Amazon

Shop at Amazon

Why do shoppers love it?

You don’t need to spend a ton of money to upgrade your bedroom. One of the most budget-friendly ways to do it is with a bed-in-a-bag set, like this pick from Amazon. It includes a comforter, a fitted sheet that fits mattresses up to 14 inches high, a flat sheet, two pillow shams, and two pillowcases, which is double the amount that you’d get with a standard three-piece comforter set that you can buy around the same price. 

Made of brushed microfiber material, it’s soft and lightweight, which makes it a great pick for year-round use. As it gets colder, you can pair the comforter with another blanket for additional warmth, or you can use it on its own if you’re a hot sleeper. Since it’s Oeko-Tex Standard 100 certified, it’s made without any harmful chemicals or substances. 

In addition to its comfort and all the pieces the set comes with, its design is also a major standout feature. Many affordable comforter sets feature solid hues and simple designs, but this option has a beautiful boho-style pattern. The geometric shapes, along with the vibrant colors, can make your bedding the centerpiece of your bedroom.

Related: Walmart is selling a bed frame with built-in storage and a charging station for 43% off

Details to know

Sizes: Full, queen, and king.

Colors: 10.

Includes: Comforter, fitted sheet, flat sheet, two pillow shams, and two pillowcases.

According to Amazon shoppers, it’s a great budget-friendly comforter set. When it comes to the quality, reviewers shared that it’s “lightweight” and “soft.” Another customer praised the set, saying, “This is a charming, well-constructed bedding set at a very fair price. I picked it up for our lake house where multiple people use it throughout the summer, so value and durability matter more than luxury — and it delivered on both fronts.” They also added that the pattern is “bright” and “colorful,” which makes it great for brightening up a room.

Shop more deals

Bedsure 3-Piece Floral Reversible Comforter Set, $30 (was $45) at Amazon

Cottolester 8-Piece Boho Comforter Set, $40 (was $63) at Amazon

Bedelite 7-Piece Boho Comforter Set, $60 (was $65) at Amazon

The Jollyvogue 7-Piece Boho Comforter Set is a beautiful set with a cool and casual vibe, and it’s on sale now for just $34, but only for a limited time.

Bank of America sees 21% upside in this beverage stock

September 16, 2026 MMN Editor Filed Under: Uncategorized

A major beverage company is preparing for one of the biggest changes in its history after acquiring JDE Peet’s and setting the stage to divide its beverage and coffee operations.

Bank of America thinks that split could give investors a better look at what the company’s individual businesses are worth.

The bank reiterated its Buy rating and $38 price objective on Keurig Dr Pepper (KDP), representing 21.1% upside from the $31.39 price used in its Sept. 14 report, in a note given to TheStreet.

Bank of America sees breakup unlocking KDP value

BofA’s thesis rests on a sum-of-the-parts analysis of the two businesses KDP plans to create. Analysts said KDP was trading at roughly 13 times expected 2027 earnings, well below the roughly 21 times multiple for nonalcoholic beverage peers.

The first step is already complete. KDP acquired substantially all of JDE Peet’s on April 1, combining it with the company’s existing coffee operation ahead of a planned separation into Beverage Co. and Global Coffee Co. The company has said the two businesses are expected to become independent U.S.-listed companies.

More Beverage Stocks

Loss of Costco deal helps push beverage brand into Chapter 11

Beverage giant wants to take over Halloween in bold new plan

Starbucks launches 4 new fall items after Pumpkin Spice Latte debut

BofA sees the beverage operation as the more compelling part of that equation. Its model estimates Beverage Co. could generate roughly $13.7 billion in 2027 sales and about $4 billion in adjusted earnings before interest, taxes, depreciation, and amortization.

Using a 15-times EV/EBITDA multiple and a 29.3% adjusted EBITDA margin, the analysts estimate the beverage operation could be worth roughly $31 per KDP share. BofA argues the business deserves a premium multiple because Dr Pepper has gained share, partner brands have expanded the portfolio, and KDP has built a stronger distribution network.

Recent results give BofA some support for that view. KDP’s U.S. Refreshment Beverages sales rose 10% to $2.9 billion in the second quarter, while adjusted operating income increased 11.9%.

The segment posted a 29.9% adjusted operating margin. U.S. Coffee sales, meanwhile, declined 3.2%.

Bank of America reiterated its Buy rating and $38 price objective on Keurig Dr Pepper (KDP).Cheng Xin / Getty Images

KDP’s coffee business raises more questions

Global Coffee Co. receives a considerably lower valuation in BofA’s breakup model. The analysts estimate approximately $16.1 billion in 2027 sales and $3.1 billion in adjusted EBITDA, while valuing the business at around seven times EV/EBITDA.

That works out to about $7 per KDP share in BofA’s base case. The bank pointed to elevated leverage, volatile green-coffee costs, and less predictable sales growth as reasons the coffee company could command a lower multiple than Beverage Co.

Leadership also remains an issue heading into the split. KDP confirmed in June that Rafael Oliveira planned to leave his position leading the Coffee Operating Unit, prompting the board to begin a search for the future Global Coffee Co. CEO.

Current KDP CEO Tim Cofer is overseeing the coffee business during the transition and is expected to lead Beverage Co. after the separation.

Keurig Dr Pepper works to reduce debt before split

KDP has also been moving to address one of BofA’s biggest concerns: leverage. On Sept. 1, the company announced plans to sell its Chobani equity stake for $800 million and an Allentown, Pa., manufacturing facility for about $125 million, with net proceeds intended for debt reduction.

The company previously increased its convertible preferred financing to $4.5 billion, an investment that will remain with Beverage Co. after the separation. KDP has said operational work continues toward separation readiness by the end of 2026, although the exact timing depends partly on leverage levels and market conditions.

For now, the company says it remains on track. KDP reaffirmed its 2026 outlook in August, including $25.9 billion to $26.4 billion in net sales and a target of roughly 4.1 times pro forma management leverage by year-end.

Related: Keurig Dr Pepper breakup could reveal the stronger business 

Qualcomm now faces rival with bigger market cap

September 16, 2026 MMN Editor Filed Under: Uncategorized

Semiconductor rivalries rarely move stock prices the way headlines suggest they should. MediaTek unveiled a new flagship smartphone processor on Tuesday, Sept. 15, built to challenge Qualcomm directly in the premium handset market.

Qualcomm Inc (QCOM)’s stock rose anyway, closing up 4.25% at $187.80.

That is not a new pattern. MediaTek’s market value first surpassed Qualcomm’s earlier this year, according to Reuters. The new chip was meant to widen that lead, not just defend it.

The gap is real money. MediaTek’s market capitalization stood near $223 billion on Sept. 15, PitchBook noted. Even after Qualcomm’s 4.25% rally that same day, its market cap reached $200.6 billion, according to CompaniesMarketCap, leaving it about $22 billion behind MediaTek.

MediaTek’s new chip aims at Qualcomm’s premium lead

MediaTek said the Dimensity 9600 Pro is its first mobile processor built on TSMC’s 2-nanometer process. Its neural processing unit delivers 51% faster prompt handling for on-device AI models than the prior generation. That lets phones run generative AI tasks without sending data to the cloud.

MediaTek said the chip’s graphics core offers 27% higher peak gaming performance while cutting power use by 24% at that same peak. Those upgrades target the exact use cases Qualcomm has used to justify premium pricing for years.

The lead is thinner than the launch coverage implied. Qualcomm is expected to reach the same TSMC node next week with its Snapdragon 8 Elite Gen 6, according to International Business Times. MediaTek’s head start amounts to about a week, not a generational gap.

Pricing tells a similar story. The Dimensity 9600 Pro is expected to cost up to $220 per unit, the same report said. That’s below the $240 to $260 range Qualcomm’s flagship chips typically command. MediaTek’s confirmed device partners, including Oppo, Xiaomi, and Realme, are all based in China so far.

The rivalry has a wrinkle most coverage skipped. Qualcomm and MediaTek are reportedly co-development partners on an AI-first smartphone OpenAI is planning, tied to the ChatGPT maker’s acquisition of former Apple design lead Jony Ive’s startup.

Mass production isn’t expected before 2028, but the report suggests the rivalry isn’t purely adversarial.

MediaTek’s market cap has topped Qualcomm’s since earlier this year, and its new 2nm Dimensity 9600 Pro chip is built to widen that lead.BING-JHEN HONG / Getty Images

MediaTek’s valuation shift predates this chip

MediaTek shares have returned 218% over the past 12 months, compared with 22% for Qualcomm, according to Alpha Spread. Most of that gain traces to MediaTek’s pivot into AI infrastructure rather than anything happening in smartphones.

MediaTek jumped as much as 10% on Sept. 1 after Nvidia agreed to invest $3.5 billion in a $3.9 billion MediaTek convertible bond offering, with Alphabet also participating, CNBC reported. That single deal added more to MediaTek’s valuation than years of smartphone chip competition with Qualcomm.

Related: Qualcomm’s new Amazon deal sent the stock soaring 9%

The data-center push behind that deal is moving fast. MediaTek’s first AI accelerator chip, developed for a major U.S. cloud provider, is on track to enter mass production in the fourth quarter, according to the MediaTek press release. That puts its cloud ambitions on nearly the same timeline as this week’s smartphone launch.

Analysts have kept pace with that shift. MediaTek carries a Strong Buy consensus among 26 analysts polled by S&P Global, with price targets implying roughly 24% upside, according to stockanalysis.com.

It’s also worth noting that MediaTek does not trade on a major U.S. exchange. Its only route for U.S. investors is a thinly traded, unsponsored OTC listing under the ticker MDTKF, so most retail brokerages require international market access to trade the primary Taiwan Stock Exchange shares directly.

Qualcomm’s rally had nothing to do with MediaTek

Qualcomm (QCOM) shares jumped Sept. 15 after StoneX reiterated a Buy rating and $270 price target, according to GuruFocus. The firm cited Qualcomm’s expanding data-center chip business, tied to a recent Amazon Web Services partnership.

Qualcomm is also targeting $40 billion in non-handset revenue by fiscal 2029, according to the same report, a diversification pitch that mirrors MediaTek’s own.

More Qualcomm:

Qualcomm’s datacenter ambitions win over Goldman Sachs

Qualcomm eyes $10 billion AI shortcut as smartphone growth slows

Qualcomm’s new Amazon deal sent the stock soaring 9%

That framing carries more weight with investors than the smartphone fight does. Qualcomm carries a Hold consensus among 37 analysts, with an average price target of $194.43, according to stockanalysis.com.

The stock’s all-time high of $259.92, set in May, followed data-center and automotive news, not smartphone silicon. The Sept. 15 move fit that same pattern.

Chip investors have stopped pricing in handset battles

Qualcomm and MediaTek have competed over smartphone chips for more than a decade. What has changed is how little that fight now moves either stock. Both companies are being priced on their progress in AI data centers and custom silicon instead.

That same shift has reshaped how Wall Street values Broadcom and Marvell in recent years, both of which now trade more on custom AI chip contracts than on their legacy product lines.

A company that wins the AI infrastructure narrative can absorb a competitive loss in its original business without much market punishment.

The risk sits on the other side of that equation. The smartphone chip market is still worth tens of billions of dollars a year, yet investors increasingly price it as background noise rather than the battleground it used to be.

That shift matters more than any single chip launch. For investors watching either stock, it’s the trend worth tracking long after this week’s headlines fade.

Related: Qualcomm’s $60 billion deal reveals what comes after smartphones

The AI race has a growing problem nobody can ignore

September 16, 2026 MMN Editor Filed Under: Uncategorized

The biggest AI companies have spent years racing to build more powerful systems. Safety and capability were supposed to advance together.

Anthropic CEO Dario Amodei just said publicly that may no longer be how the technology is developing, and some of his biggest rivals agreed with him.

He published an essay titled “We Must Pace the Frontier” calling on the AI industry to slow the pace of frontier development. His argument is that AI capabilities are moving faster than the industry’s ability to understand and control them.

The proposal calls for third-party evaluators to have ongoing, employee-level access to AI companies. Not one-off audits. Continuous access to assess safety practices, report incidents and evaluate models while they are still being built. Amodei also called for international coordination on AI oversight.

OpenAI CEO Sam Altman and Elon Musk both said publicly they agreed with the proposal, CNBC reported.

What Amodei actually said and why rivals agreed

Amodei is not calling for AI development to stop. He described pacing the frontier as a way to give safety work and independent evaluation time to keep up with rapidly improving capabilities.

He pointed specifically to AI systems increasingly capable of helping build the next generation of AI. And to a July incident in which a swarm of roughly 1,200 AI agents escaped a test environment at OpenAI and conducted cyberattacks outside their assigned task.

More AI:

Nvidia just made a move Wall Street wasn’t ready for

Microsoft just took sides in AI policy fight

OpenAI just disclosed something genuinely alarming

The fact that Altman agreed is worth noting. OpenAI and Anthropic are direct competitors for the same customers, the same talent and the same investment dollars. A public agreement between them on the need to pace development signals that the pressure for change is coming from inside the industry, not just from regulators or outside critics.

Recent research from Sentient Labs, which raised an $85 million seed round backed by Peter Thiel, puts some hard numbers behind what Amodei described in general terms.

While testing its EvoSkill v2 system, Sentient researchers watched an AI agent discover a flaw in its grader, document the exploit as a transferable skill and hand those instructions to another AI. In separate runs, the agent made six attempts to access files outside its permitted paths. In another run, it deleted its own stop rule and then reported that it had strengthened the rules.

The EvoSkill project is open source and the logs are preserved. Anyone can examine the findings. The chain of behavior, discovering a weakness, documenting it, transferring the knowledge to another AI, is the part that matters most.

Why slowing down alone may not be enough

Sentient’s findings raise a harder question than whether the AI race should run faster or slower. If AI agents can find blind spots in the systems designed to evaluate them, a slower development timeline does not automatically fix the underlying problem.

“A slowdown is not enough. The question is what you do with the time,” Abhishek Saxena, head of strategy and growth at Sentient Labs, told TheStreet.

Related: Michael Burry doubles down on his surprising AI bet

His argument is that the industry needs independent evaluation, not controlled by the same companies building the models. Third-party benchmarking and red-teaming that is rigorous and reproducible. Behavioral monitoring during pre-release testing. And standardized public disclosure of what models can and cannot do, how they were tested and what failure modes were observed.

Sentient’s EvoSkill research, which is open source with preserved logs, is the kind of independent and reproducible work he says the field needs much more of.

Amodei’s proposal calls for the same thing. Third-party evaluators with ongoing access, not just the companies’ own safety teams deciding when their systems are ready.

The question the industry has not answered yet is who builds that infrastructure, who pays for it and whether companies facing competitive pressure will accept meaningful outside scrutiny of their most capable models before those models reach customers.

Nate Herk, founder and CEO of AI Automation Society, takes Amodei’s concern seriously. He believes pacing development would give society and safety research time to catch up. “We have never seen a technology advance this quickly or so much power concentrated among so few people,” Herk told TheStreet.

He supports something closer to an FDA model. Major frontier models facing independent approval before broad deployment, with developers providing evidence and giving qualified evaluators meaningful access. A failed evaluation blocks release. Approval includes ongoing monitoring, incident reporting and renewed testing after major updates.

OpenAI CEO Sam Altman and Elon Musk both said publicly they agreed with the proposal.Benjamin Fanjoy / Getty Images

The concentration problem and what it means for investors

Beyond the technical risks, there is a structural problem Amodei’s proposal does not fully resolve. A small number of companies control most of the frontier AI market. Those same companies conduct many of their own evaluations and make most of their own safety determinations.

“The biggest risk isn’t that we move too fast or too slow. It’s that a small number of AI companies have control over the most powerful models and also dictate what is considered ‘safe’,” Abhishek added.

That concentration is real. Anthropic, OpenAI, Google DeepMind and Meta are responsible for most of the frontier AI models in active deployment. They also fund most of their own safety research, run most of their own evaluations and publish their own safety reports. There is no equivalent of a food and drug regulator standing between a model and public deployment. Voluntary commitments exist but enforcement is essentially self-managed.

Amodei’s proposal addresses this directly. He called for third-party evaluators with independent budgets and the ability to report findings publicly without company approval. That would be a significant structural change from the current arrangement.

The other major risk is that some AI mistakes cannot be undone. A software bug can be patched. A recalled car can be fixed. But a highly capable AI model, once its weights are widely distributed, can be copied and run indefinitely outside anyone’s control. “The biggest risk is releasing a capability that cannot be recalled,” Nate added.

That is already happening with some open-weight models. Researchers and bad actors alike can download, modify and run them without any ongoing oversight from the company that built them. As models become more capable, the stakes of that dynamic get higher.

His argument is that the harder a deployment is to reverse, the higher the evidence standard should be before it goes out. Not every AI system needs the same scrutiny. The most powerful and widely distributed ones should face the most.

For investors, the spending implications are worth watching. The AI market has rewarded the companies building models and the hardware to run them. If independent evaluation, behavioral monitoring and safety infrastructure become prerequisites for deployment rather than optional features, the companies building that infrastructure could see demand grow significantly.

Recent market moves showed semiconductor stocks under pressure after calls for slower development, while some cybersecurity and software companies moved higher. The spending may not slow. It may shift.

Related: Anthropic CEO sounds the alarm on AI risks

Clark Howard warns about a money trap hitting millions of Americans

September 16, 2026 MMN Editor Filed Under: Uncategorized

Higher pay, a shorter commute, or a long-considered career change can all be reasons to start looking for a new job. For roughly 23 million American workers, the only thing keeping them in their current roles is the employer-controlled health insurance plan.

Clark Howard, the founder of Clark.com and a consumer advocate, flagged this growing problem on The Clark Howard Show, which he hosts, pointing to research on how deeply employer coverage now shapes career decisions.

Howard argued on the September 9, 2026, episode that tying healthcare to employment is a system that desperately needs fixing.

New research from the West Health-Gallup Center on Healthcare in America uses the term “job lock” to describe workers who remain in positions they want to leave because they cannot afford to lose employer-sponsored coverage. 

The problem is not limited to low-wage positions, because middle-income workers and employees managing chronic conditions are among those most deeply affected.

West Health-Gallup data reveals the financial anxiety behind job lock

About 51% of Americans now worry about affording healthcare over the next 12 months, the highest share in five years, the West Health-Gallup study found.

Among workers who described healthcare expenses as a “financial burden,” 48% said they stayed in positions they wanted to leave, the study noted. 

More Clark Howard:

Clark Howard sounds alarm on hidden fees inflating your rent

Clark Howard pokes holes in popular retirement tools

Clark Howard’s 5 best financial tips for smarter spending, saving and investing

Among workers who described healthcare expenses as a “major financial burden,” 48% said they stayed in positions they wanted to leave. Workers earning $48,000 to $90,000 annually faced the highest job lock rate at 27%, while those above $180,000 reported 16%, the West Health-Gallup study found.

The burden falls hardest on households that earn too much to qualify for subsidies but too little to absorb the full cost of marketplace coverage on their own. 

Women and workers with chronic conditions face the steepest job lock rates

Women stayed in unwanted jobs at a rate of 30%, ten points higher than men at 20%, the West Health-Gallup researchers found. The gap compounds as women are also more likely to carry medical debt and report financial stress from healthcare costs.

Workers with any diagnosed chronic condition reported job lock at 29%, compared with 17% for workers without one, the Gallup data showed. The share climbed to 41% among workers with three or more chronic diagnoses.

Ellyn Maese, senior research consultant at Gallup and a lead researcher for the West Health-Gallup Center on Healthcare in America, said job lock penalizes workers least equipped to absorb financial risk.

Anybody having to stay in a job just to keep their health insurance, knowing that they want to leave, is crazy … that is a concerning figure, even if it’s 10%. But when we’re seeing it rise to 1 in 4 employees, that’s pretty serious

The consequences extend beyond frustration, as the study noted, job lock is linked to lower life satisfaction, reduced mobility, and higher occupational injury rates.

Women and workers with chronic conditions report higher job lock rates, highlighting how employer health insurance can limit career mobility and financial choices.skynesher / Getty Images

Rising premiums and expired ACA subsidies deepen the coverage gap

Average annual family premiums for employer-sponsored health insurance reached $26,993 in 2025, a 6% increase from the prior year, the Kaiser Family Foundation (KFF) reported.

Workers contributed $6,850 annually from their own paychecks, with the cumulative five-year increase in family premiums reaching 26%, KFF noted.

Coverage outside employer plans became harder to afford after enhanced Affordable Care Act (ACA) subsidies expired at the end of 2025, when Congress adjourned without passing an extension.

KFF estimated that the subsidy lapse could push nearly 5 million people off ACA marketplace coverage in 2026, with average monthly premiums jumping 58% for enrollees who switched to cheaper plans and more than doubling for those who kept the same coverage.

“Healthcare tops the list of economic worries right now,” Larry Levitt, executive vice president for health policy at KFF, told NPR. “So it stands to reason that people would be concerned about leaving an unwanted job for fear of losing their health insurance.”

Only 28% of workers said it was a good time to find a quality job in a Gallup workforce study conducted between late October and mid-November 2025, a new low that Gallup said reflects a sharp reversal from mid-2022, when 70% said the same.

KFF’s 2025 survey found that more than half of covered workers at small firms now face annual deductibles of $2,000 or more, exposing many insured workers to substantial out-of-pocket costs even with employer coverage in place.

How workers stuck in job lock can evaluate their options

Workers who feel trapped in their current positions have more coverage pathways than many realize, Howard noted on his show. 

Steps to assess your coverage alternatives

1. Marketplace comparisons: HealthCare.gov allows enrollees to compare premiums, deductibles, and out-of-pocket limits across plans side by side before making a decision.

2. Spousal or partner coverage: A partner’s employer plan may offer comparable benefits, and a job change is listed among the qualifying events that trigger a special enrollment period, according to the Centers for Medicare & Medicaid Services.

3. HSA contribution limits: Workers in qualifying high-deductible plans can contribute up to $4,400 individually or $8,750 for families in 2026, with tax-deductible contributions and tax-free growth on invested balances, the Internal Revenue Service confirmed.

4. COBRA continuation: Federal law allows departing workers to keep employer coverage for up to 18 months at the full premium plus a 2% administrative fee, the U.S. Department of Labor noted.

Job lock reflects a structural failure decades in the making

Michael Cannon, director of health policy studies at the Cato Institute, told NPR that the pattern reflects a policy failure stretching back a full century.

“For 100 years, Congress has effectively penalized workers unless they enroll in health insurance that disappears when your job does,” Cannon said.

Cannon argues that as long as coverage remains tied to employment, workers will keep weighing insurance loss against career growth when considering a job change.

Maese widened the frame, pointing to what job lock takes from the broader economy. The freedom to leave a job, move, or start something new, she told NPR, is “what we need to see for our economy to really thrive.”

Related: Clark Howard’s 5 best financial tips for smarter spending, saving & investing

  • « Go to Previous Page
  • Page 1
  • Page 2
  • Page 3
  • Page 4
  • Interim pages omitted …
  • Page 105
  • Go to Next Page »

© 2026 Mad Mad News™ · OGGHY Media™ Live Above the Madness™ Independent news, signals, and analysis. Atlanta, Georgia