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Gen Z women want politicians who can make the ‘American dream’ feel attainable
Affordability is the top issue for Gen Z women. But few candidates are appealing to them with a message strong enough to cut through the noise.
Gen Z women want politicians who can make the 'American dream' feel attainable
Affordability is the top issue for Gen Z women. But few candidates are appealing to them with a message strong enough to cut through the noise.
Washington Capitals star Alex Ovechkin announces this is his final NHL season
He broke Wayne Gretzky's career goal-scoring record in April 2025
New Regulations Make It Easier to Find, Compare, and Report Healthcare Pricing and Coverage Information
HHS announced that Americans will have access to more reliable, accessible, and actionable information about their health coverage
Former Trump press secretary Karoline Leavitt joins Fox News
Karoline Leavitt, the tenacious former Trump White House press secretary, is joining Fox News as a contributor. The network announced Monday that Leavitt, 29, known for her rapid-fire defense of
Capitals’ Alex Ovechkin suddenly announces retirement plans
The 41-year-old forward has the end in sight.
Shipley’s Garment Spa closing after 124 years of business in Sioux Falls
Shipley’s Garment Spa has announced it will be closing after 124 years of business in Sioux Falls.
Todd Promenade returns on Saturday, Nov. 7
TODD — The Todd CommUnity Dance organizers are pleased to announce the second Todd Promenade event, featuring an afternoon of square dance calling, flatfoot dance, and playing music for dances
Ninja Theory developers announce they are facing redundancy, as the studio starts laying off staff following widespread Xbox cuts
Ninja Theory staff on LinkedIn have shared either farewell messages or sombre posts on the ongoing redundancy process happening at Ninja Theory.
DHS buys three detention centers in California for $950 million
The GEO Group, a Florida-based private prison corporation, announced Monday that it had sold the detention facilities, including the Adelanto ICE Processing Center, totaling 2,644 Beds.
Italian American heritage advocates advance county museum plans
Suffolk County Executive Ed Romaine announced plans for a new Italian American museum to honor the community's history and contributions on Long Island.
National Museum of Natural History’s Sant Director Kirk Johnson To Depart for the Denver Museum of Nature and Science
Kirk Johnson announced today that he will step down as the Sant Director of the Smithsonian’s National Museum of Natural History after 14 years in the role, as he prepares to join the Denver Museum of Nature and Science as its next president and CEO. An advocate for science, nature and the power of museums to influence the […]
Senua At Risk Of Cancellation As Ninja Theory Employees Announce They've Left The Studio
"It’s incredibly sad knowing that we won’t get to finish..."
PRO SHOP RAISES $24 MILLION SERIES B TO ACCELERATE NEXT PHASE OF GROWTH ACROSS MEDIA, ENTERTAINMENT AND COMMERCE
/PRNewswire/ -- Pro Shop, the innovative media platform connecting golf with mainstream culture, today announced the closing of a $24 million Series B...
Trump health officials hold make announcement on healthcare price transparency
Watch as Trump health officials hold make announcement on healthcare price transparency.
Carlos Rodón has earned the Yankees’ Game 3 ball
New York has not announced its Game 3 starter. Aaron Boone has said Carlos Rodón lines up for Game 3 […]
Nobel medicine prize honours US and German scientists for optogenetics work
The Legend of Zelda: Master Collection Officially Announced
A partnership between Nintendo and Panini offers a new opportunity for collectors and fans.
Science Corp. Announces Long-Term (36 Months) Results of PRIMA BCI Clinical Trial Showing Durable Vision Restoration in Blind Patients Suffering from Geographic Atrophy
Science Corporation, the neural engineering and brain-computer interface (BCI) company, today announced long-term (36 months) followup data from its pivotal ...
Naples Comprehensive Health Names Danny Hogan Chief Financial Officer
October 5, 2026 – Naples Comprehensive Health (NCH) announced today that Danny Hogan has been named its next Chief Financial Officer. Hogan joined the organization on Oct. 5. Hogan brings extensive health care finance and operational leadership experience to NCH. He currently serves as Chief Financial Officer, Shared Services and Integrated Operations, at Bon Secours […]
Hellblade studio Ninja Theory has started laying off staff, following Xbox’s announcement that it faces closure
Two separate agreements with the studio “fell through”…
Skydance Executive Team Set By David Ellison Ahead of Deal Close
Skydance announced the executive leadership for the combined Paramount-Warner Bros. Discovery.
Neighborhood Intelligence Provides Business Update and Announces $45.5 Million Equity Financing with Participation from Management and a Single Institutional Investor
NASHVILLE, Tenn., October 05, 2026--Neighborhood Intelligence (NASDAQ: NXH) ("Neighborhood" or the "Company") today announced that it has entered into a definitive agreement for the purchase and sale of an aggregate of 16,485,508 shares of its common stock (or pre-funded warrants in lieu thereof) at a purchase price of $2.76 per share (or pre-funded warrant in lieu thereof) in a registered direct offering. In addition, the Company will issue warrants to purchase up to 16,123,189 shares of common
German and US scientists win Nobel medicine prize for work on light and brain
The physiology or medicine prize traditionally opens the annual Nobel announcements.
Watch live: RFK Jr., Trump officials unveil health care price transparency push
Health and Human Services Secretary Robert F. Kennedy Jr. and Centers for Medicare and Medicaid Services Administrator Dr. Mehmet Oz will announce new efforts Monday aimed at strengthening health c…
Cambridge and London Life Sciences Showcase returns during JPM Healthcare Week 2027
o2h co-discovery has announced that the Cambridge × London Life Sciences Showcase will return for its second edition during J.P. Morgan Healthcare Week 2027 in San Francisco.
Delta Health Center Receives Funding
Delta Health Center, Inc. has received four awards totaling $4,660,331.59 through the Mississippi Rural Health Transformation Program, a state initiative funded by the Centers for Medicare & Medicaid Services. Governor Tate Reeves announced the four RHTP awards on September 14, as part of 167 awards totaling more than $104 million statewide. The awards announced will […]
Delta Health Center Receives Funding
Delta Health Center, Inc. has received four awards totaling $4,660,331.59 through the Mississippi Rural Health Transformation Program, a state initiative funded by the Centers for Medicare & Medicaid Services. Governor Tate Reeves announced the four RHTP awards on September 14, as part of 167 awards totaling more than $104 million statewide. The awards announced will […]
MobileFuse Receives SBTi Validation for Its Science-Based Emissions Target
/PRNewswire/ -- MobileFuse, a leading advertising and technology platform, today announced that SBTi Services validated its science-based greenhouse gas...
Business Ingenuity Gives Birth to Edgy, an AI Agent Educated in the Theory Behind Natural Synergy™ to Show Leaders Where Their Organizations Are Headed
SAN FRANCISCO, October 05, 2026--Business Ingenuity, Inc. today announced the availability of Edgy, an AI agent educated using Natural Synergy: From Natural Mystery to Mastery, co-authored by co-founder Charles Follett and Ray Scott and available on Amazon. Edgy analyzes an organization through its public footprint and its own people, then tells executives which Operating State the organization occupies, which direction it is being driven, and what adjustments would improve its performance.
What Holding Eye Contact While Someone Speaks Really Reveals About Your Psychology, According to Science
You are mid-conversation with a friend, nodding along, and suddenly you wonder: am I looking at them too much? Or not enough? Most of us treat eye contact like an automatic reflex – something we either do or don’t, without thinking twice. But researchers say the way you hold someone’s gaze while they speak is...
Arkansas will receive $10 million for maternal health
Olivia Walton announced her nonprofit will give $10M to Arkansas and $10M to Kentucky.
Virtual care firm Populus Health Technologies names Catalano as chief revenue officer
Populus Health Technologies, a virtual care media and technology company, announced the appointment of Joe Catalano as chief revenue officer.
'Totally Spies!' Expands Licensing with Apparel and Jewelry Deals
Banijay Kids & Family announces new "Totally Spies!" licensing agreements spanning apparel, jewelry and publishing as the franchise marks 25 years.
“We’re in the entertainment business. If someone uses Suno to write a lyric, it’s not a high crime or misdemeanour”: Joe Bonamassa has sympathy for up-and-coming artists using AI to get an edge
But AI ‘artists’ shouldn’t be in the same chart as humans, he says
Jobs in health care. Jobs for women. The US labour market is segmenting. Chernobyl’s radiation and Lenin’s love of literature.
Thank you for opening your Chartbook email. Elmer Bischoff, Two Figures at the Seashore, 1957 The only really dynamic job-creator in the US economy is health care: The largest crunch has come in Federal government, which has shed 2.7 m jobs. Source: tchouvkov on Twitter Tech is struggling. [ Joey Politano 🏳️🌈@JosephPolitano The US tech sector continues bleeding jobs in official data released today—overall, employment decreased by 17k last month and is down 69k over the last year That's nearly as bad as the worst of the 2024 tech-cession, and much worse than the 2022 boom or even pre-2020 norms 12:42 PM · Oct 2, 2026 · 15.2K Views 15 Replies · 47 Reposts · 390 Likes ](https://x.com/JosephPolitano/status/2106001807847940232?s=20) The new jobs are all for women. [ Justin Wolfers@JustinWolfers I'm not sure who saw this coming, but so far nearly all the jobs created during the second Trump administration have gone to women. 1:09 PM · Oct 2, 2026 · 33K Views 70 Replies · 146 Reposts · 644 Likes ](https://x.com/JustinWolfers/status/2106008723533533601?s=20) Meanwhile, real wages are being eaten up by modest over-target inflation. [ Heather Long@byHeatherLong The financial pain is real: Wage growth fell to 3% (y/y) in September. That's the lowest in 5 years. Wage growth: 3% Inflation: ~3.4% Inflation has eaten up all wage gains for the average worker since April. Many people are having to make hard choices about what to buy and what … 1:24 PM · Oct 2, 2026 · 37K Views 24 Replies · 275 Reposts · 533 Likes ](https://x.com/byHeatherLong/status/2106012367712620728?s=20) HEY READERS, THANK YOU for opening the Chartbook email. I hope it brightens your day. I enjoy putting out the newsletter, but tbh, what keeps this flow going is the generosity of those readers who clicked the subscription button. If you are persuaded to click, please consider the annual subscription of $60. It is both better value for you and a much better deal for me, as it involves only one credit card charge. Why feed the payments companies if we don’t have to. Subscribe Elmer Bischoff, Bathers, 1960 Americans are disillusioned with higher ed. For contributing subscribers only. Subscribe Where the Chernobyl radiation went. h/t Simon Kuestenmacher aka simongerman600 How Lenin’s love of literature shaped the Russian Revolution - Tariq Ali This, then, was the intellectual atmosphere in which Lenin came of age. His father, a highly cultured conservative, was the chief inspector of schools in his region and much respected as an educationalist. At home, Shakespeare, Goethe and Pushkin, among others, were read aloud on Sunday afternoons. It was impossible for the Ulyanov family – “Lenin” was a pseudonym adopted to outwit the tsarist secret police – to escape high culture. At high school, Lenin fell in love with Latin. His headteacher had high hopes that he might become a philologist and Latin scholar. History willed otherwise, but Lenin’s passion for Latin, and taste for the classics, never left him. He read Virgil, Ovid, Horace and Juvenal in the original, as well as Roman senatorial orations. He devoured Goethe during his two decades in exile, reading and rereading Faust many times. Lenin put his knowledge of the classics to good use in the time leading up to the October revolution of 1917. In April of that year, he broke with Russian social-democratic orthodoxy and, in a set of radical theses, called for a socialist revolution in Russia. A number of his own close comrades denounced him. In a sharp riposte, Lenin quoted Mephistopheles from Goethe’s masterwork: “Theory, my friend, is grey, but green is the eternal tree of life.” Source: The Guardian Elmer Bischoff, The River, 1953 If you’ve scrolled this far, you know you want to click: Subscribe
Mr Bean Brand Expands with New Global Licensing Partnerships
Banijay Kids & Family announces expanded Mr Bean licensing deals including Royal Stacks burgers, apparel, watches, toys, and arcade games worldwide.
$100 million Healthy Moms, Healthy Babies America announces grants to Arkansas, Kentucky
Olivia Walton says maternal health is a solvable problem, with state governments "in the driver's seat."
Downtown Urbana entertainment venue/restaurant seeks extension on opening date
While an official opening date for Fernie’s High Horse has yet to be announced, at least two concerts are already booked for late 2026: Emo brand TRSH on Dec. 4
‘I’m here to save lives’: Inside the unlikely Biden-Trump partnership to secure a Gaza ceasefire
Secure rooms in the US Capitol are cavernous compared to the White House Situation Room. They are designed for full committees or larger gatherings, not intimate discussions. On Nov. 20, 2024, Jake Sullivan and I had gone to one of those rooms to brief our successors two weeks after Donald Trump resoundingly defeated Kamala Harris.
ASUS Announces New 64GB Configuration of the Ascent GX10
ASUS today announced a new 64 GB configuration of ASUS Ascent GX10, expanding the lineup alongside the existing 128 GB model. This compact AI supercomputer is designed to bring local agentic AI development within reach of more developers, researchers and data scientists. Based on the NVIDIA DGX...
29-N, elections in Spain: how will they affect football?
Pedro Sánchez, the President of Spain, announced this Monday that elections will be held in Spain on November 29.This is something that affects the country in every area, including sport and, more sp...
RosCept Capsules Introduces Ros Cept Multi-Ingredient Dietary Supplement for Brain Health, Memory and Concentration
RosCept dietary supplement features Magnesium Beta Hydroxybutyrate, Calcium Beta Hydroxybutyrate, and Sodium Beta Hydroxybutyrate in a focused BHB formulation.Wilmington, DE, Oct. 05, 2026 (GLOBE NEWSWIRE) -- RosCept has announced the introduction of RosCept, a multi-ingredient dietary supplement formulated with three mineral beta-hydroxybutyrate (BHB) compounds: Magnesium Beta Hydroxybutyrate, Calcium Beta Hydroxybutyrate, and Sodium Beta Hydroxybutyrate. Official Website: https://roscept.shop/
Grindr Buys Telehealth Firm in $250M Deal
Grindr Inc. is acquiring telehealth platform PurposeMed Inc. in a $250 million deal, Grindr announced on Wednesday. This is Grindr’s first major
US announces $400m funding boost for science and innovation
The US has announced up to $400m to advance science and innovation, supporting research across key scientific fields and technologies.
TempraMed Announces VIVI Cap Smart Connectivity with Apple Health and Google Fit, Providing Better Health Outcomes and Data Tracking
VIVI Cap Smart transforms injectable medication protection into a connected health-data layer, enabling patients, caregivers and digital-health platforms to capture medication-use, temperature and adherence signals.Toronto, Ontario--(Newsfile Corp. - October 5, 2026) - TempraMed Technologies Ltd. (CSE: VIVI) (OTCQB: TMPTF) (FSE: 9DY) ("TempraMed" or the "Company"), a medical technology company transforming the storage, protection and management of temperature-sensitive medications, is pleased to
On This Day, Oct. 5: Scientists genetically sequence flu strain behind 1918 pandemic
On Oct. 5, 2005, scientists announced that for the first time they were able to genetically sequence the strain of avian flu that was behind the 1918 pandemic that killed up to 50 million people world...
Yemen Launches Major Offensive to Retake Houthi-Controlled Territory
As the Yemeni government announced its counteroffensive, the Houthis launched ballistic missiles and drones against Saudi Aramco sites.
Eagles Fans Hurl Projectiles at Rams Coaches in Ugly Altercation
The Philadelphia Eagles blew a 20-10 fourth-quarter lead to the Los Angeles Rams in Week 4.That alone would be reason enough for Eagles fans to lose their minds. However, according to one person in the stands, there was another reason why Philly fans blew their lid during Sunday’s 24-20 loss.X user @RBPhillyTake posted a video […] The post Eagles Fans Hurl Projectiles at Rams Coaches in Ugly Altercation appeared first on HEAVY.
How Extending CVS Distribution Through 2032 At Cardinal Health (CAH) Has Changed Its Investment Story
In October 2026, Cardinal Health announced it had entered into a binding Letter of Intent to extend its existing distribution agreement with CVS Health through June 30, 2032, maintaining the current scope of distribution services. This long‑dated extension reinforces the durability of Cardinal Health’s core distribution relationships, underscoring the importance of scale partnerships in its business model. We’ll now explore how the extended CVS distribution agreement through 2032 may...
True Food Kitchen Initiates Voluntary Chapter 11 Proceedings to Position Business for Long-Term Success
True Food Kitchen (the "Company") today announced that it and certain affiliates have filed voluntary petitions for relief under Chapter 11 of the U.S. Bankruptcy Code in the U.S. Bankruptcy Court for the Southern District of Texas (the "Court").
True Food Kitchen Initiates Voluntary Chapter 11 Proceedings to Position Business for Long-Term Success
/PRNewswire/ -- True Food Kitchen (the "Company") today announced that it and certain affiliates have filed voluntary petitions for relief under Chapter 11 of...
“I’m in the Hospital”: Chad Ochocinco Announces Health Update After Sudden Illness Amid Bengals’ Loss to Jaguars
As a former wide receiver for the Cincinnati Bengals, Chad Ochocinco had no choice but to root for his team as they battled against the Jacksonville Jaguars in the Week 4 game. Unfortunately for him, the Bengals lost the game by 22-17.
MedX Health Appoints Monaderm as a Representative for SkinSecure™ Across Europe for Beauty and Aesthetics Research
MISSISSAUGA, Ontario, October 05, 2026--MedX Health Corp. (TSXV: MDX), a data-driven skin health analytics company, today announced the appointment of Monaderm, the Monaco-based skin measurement specialist, as a key European sales agent for SkinSecure™, expanding the commercial reach of its non-invasive, objective biological skin measurement technology, which maps collagen, melanin and hemoglobin non-invasively in living skin in a single 30-second capture, across the European cosmetics and skin
The New Denpa Men to end service on December 6
Free-to-play RPG The New Denpa Men will end service on December 6 at 6:00 p.m. PT / 9:00 p.m. ET / December 7 at 11:00 JST, developer Genius Sonority announced.
Nobel week kicks off with medicine prize
Nobel Prize week gets under way on Monday with the announcement of the Nobel Prize in Physiology or Medicine at 11:30 am (0930 GMT) in Stockholm. This week will also see the announcement of the Nobel ...
Honor Magic 9 series global launch scheduled for January 2027
Honor Magic 9 series is set to hit the global launch stage in January 2027. As per the company’s official announcement, the flagship smartphone is coming to overseas markets, starting in Europe early next year after a successful Chinese launch. Magic 9 series made its debut in China last week, and Honor has begun preparing […]
Jalen Hurts Repeats Honest Analysis Of Eagles’ Loss vs Rams
Week 4 was another bad showing for the Philadelphia Eagles‘ offense. While they managed to add more points to the board after putting up just seven points in Week 3 against the Chicago Bears, the Eagles slightly improved their performance while shorthanded, putting up 20 points against the Rams. Still, it wasn’t enough. At the […] The post Jalen Hurts Repeats Honest Analysis Of Eagles’ Loss vs Rams appeared first on HEAVY.
Trump announces 'Super Intelligence Force' to oversee AI policy
The president named his national intelligence chief will head the taskforce as worries over the technology grow.
Psikyo Memories launches February 18, 2027
Psikyo shoot ’em up collection Psikyo Memories will launch for PlayStation 5 and Switch 2 on February 18, 2027, developer Edia announced. In its “Edia Game Catalog” distributed at…
Josh Allen held in check by New England
Josh Allen amassed 257 total yards and two TDs in Week 4, but it wasn't quite enough in a home loss to the Patriots.
Miles College Honors Master P, Announces Economic Mobility Initiative at Inaugural Business and Research Conference
Special to the Times Miles College hosted its first Judge U.W. Clemon Center Business & Research Conference on Friday, during Homecoming 2026, bringing together Alabama leaders and nationally r…
FBI Director Kash Patel gets engaged to longtime girlfriend, country singer Alexis Wilkins
FBI Director Kash Patel and longtime girlfriend Alexis Wilkins are announcing their engagement on social media | WBBM Newsradio 780 AM & 105.9 FM
FBI Director Kash Patel gets engaged to longtime girlfriend, country singer Alexis Wilkins
FBI Director Kash Patel and longtime girlfriend Alexis Wilkins are announcing their engagement on social media | WWJ Newsradio 950
FBI Director Kash Patel gets engaged to longtime girlfriend, country singer Alexis Wilkins
FBI Director Kash Patel and longtime girlfriend Alexis Wilkins are announcing their engagement on social media.
FBI Director Kash Patel gets engaged to longtime girlfriend, country singer Alexis Wilkins
FBI Director Kash Patel and longtime girlfriend Alexis Wilkins are announcing their engagement on social media | WWL
Trump announces members of AI task force
The president appointed his director of national intelligence to spearhead the task force, amid growing concern about AI risks.
Five field goals enough for Vikings to beat Dolphins
American Cancer Society and Baptist Health Announce Partnership to Expand Cancer Screening Efforts
September 30, 2026 — The American Cancer Society (ACS) is expanding its efforts to improve access to cancer screening and early detection in Southeast Florida through an exclusive partnership with Baptist Health. This effort focuses on breaking down barriers to screening, raising awareness about prevention, and helping more people access recommended cancer screening tests. “This […]
OnMed, Jackson Health System and The Salvation Army Deploy OnMed CareStation™ to Extend Care Beyond Hospital Walls in Miami
Health system-sponsored CareStation creates a new front door to comprehensive, everyday care while strengthening connections to Jackson’s broader network of services SEPTEMBER 30, 2026 – OnMed, the leader in hybrid healthcare expanding access to care through the CareStation, today announced a new partnership with Jackson Health System, Miami’s only public health system, and The Salvation […]
Township of Ocean Announces Annual Pumpkin Decorating Contest for Local Youth
Ocean Township opens youth pumpkin decorating contest, with Amazon gift cards for top entries in two age divisions.
Bills Announce Historic Josh Allen News During Patriots Game
Buffalo Bills quarterback Josh Allen earned the all-time franchise record for rushing and receiving touchdowns in Sunday's game. The post Bills Announce Historic Josh Allen News During Patriots Game appeared first on HEAVY.
Eagles fans react to new parking and tailgating rules
The Philadelphia Eagles announced new parking and tailgating rules, and some fans are not on board.
Melvin Council Jr. Announces His Return to Kansas
Melvin Council Jr. Announces His Return to Kansas
Business People: Dana McNabb promoted to CEO at General Mills
FOOD General Mills, Golden Valley, announced the election of Chief Operating Officer Dana McNabb to succeed Jeff Harmening as chief executive officer, effective Jan. 1. Harmening will become executive chair of the board of directors.…
Election office says there’s enough evidence to investigate Weiser
The Colorado Secretary of State's Office says there's enough evidence to warrant an investigation into Attorney General Phil Weiser's compliance with campaign finance laws.
Trump names national intelligence director Jay Clayton to lead a new federal AI task force
The announcement comes after Trump hosted top executives of AI companies at the White House last week and said they had signed a voluntary accord that would effectively self-police the development of the technology.
Jagex Announce RuneScape 4 And Cartoon With MoistCr1tikal
The long running fantasy MMO will receive a major new installment in the future, the first in the mainline series to take advantage of Unreal Engine
J.J. McCarthy active for New York Giants vs. Arizona Cardinals
The New York Giants and Arizona Cardinals have officially announced their inactives ahead of a Week 4 game.
Christian Benford, Six Others Inactive For Bills Against Patriots
The Buffalo Bills have announced their inactives for Week 4 against the New England Patriots, including number one cornerback Christian Benford and six others.
Tepper Sports & Entertainment announces Trane Technologies as Cornerstone Partner
Trane Technologies will serve as the exclusive Official Climate Technology Partner and Official Sustainability Partner for both the Carolina Panthers and Charlotte FC.
Tepper Sports & Entertainment announces Trane Technologies as Cornerstone Partner
Tepper Sports & Entertainment announced that Trane Technologies has been designated a Cornerstone Partner for Bank of America Stadium.
Fox Sports announcers can’t believe controversial finish to Padres-Brewers Game 1
The Milwaukee Brewers hung on to beat the San Diego Padres 3-2 in Game 1 of the National League Division Series on Saturday night, and the Brewers got a home-field assist from the roof at American Family Field during a crucial moment in the ninth inning. Trailing 3-2 with a runner on first base and…
Three takeaways from UNC’s home loss to Notre Dame
Maybe there’s more to this team than we previously thought, but is it enough to keep the heat off Bill Belichick?
NC lawmakers call for special session of General Assembly to tackle high gas prices
Republican leaders in NC House and Senate announced Saturday that they plan to convene a special session to focus on gas prices.
President Donald Trump announces creation of 'Super Intelligence Force' AI task force
President Donald Trump announced the formation of what he called a "Super Intelligence Force" to "ensure that America continues to lead the World" in AI.
Jimmy Rollins rips Austin Wells after awful base-running decision
The Tampa Bay Rays took a 1–0 series lead over the New York Yankees in the ALDS on Saturday with a nail-biting 1–0 win in front of the home crowd. Leading the way for the Rays was pitcher Drew Rasmussen, who took a no-hitter into the eighth inning before finally conceding a shot off the…
Petra Eyes Potential Sale of Business Amid Financial Struggles
Petra Diamonds is considering selling its assets to secure enough funding to pay creditors as it struggles with the industry downturn.
Trump announces leadership of AI task force
President Donald Trump on Sunday announced the creation of a “Super Intelligence Force” to “ensure that America continues to lead the world” when it comes to artificial intelligence.
How Americans’ Financial Health Is Faring In The “K-Shaped” Economy
Hey all, Jason here. Money20/20 is still two weeks away, but I’ve already started packing (not procrastinating for once!). My calendar is already filling up with various sessions I want to catch, meetings, and of course happy hours, dinners, and other side events. If you’ll be in Vegas and want to catch up, let me know by replying to this email, and we can try to find a time amidst the chaos of the Venetian. A big if not totally unexpected piece of news dropped on Friday: the Independent Community Bankers of America, a trade group that represents smaller U.S. banks, filed a lawsuit against the OCC and Comptroller Jonathan Gould, arguing that the regulator’s move to grant trust bank charters to firms seeking to use them to conduct substantial non-fiduciary activities exceeds the authorities granted to the OCC by Congress. I haven’t had time to fully digest the legal filing or speak to folks in my network about it, but you can expect to see coverage and analysis on it in next week’s newsletter. Subscribe or Support by Upgrading The NerdCon agenda just dropped. It’s stacked. Partner content: Nubank built an AI-first bank. Chime built its own banking core. Figure and Valon are rebuilding the mortgage stack. At NerdCon, you’ll hear from the people behind those bets: what they chose, what they learned, and what they’re still figuring out. The agenda is live, with leaders from Nubank, Chime, OpenAI, Remitly, Mercury, Figure, Valon and more. Follow the mainstage conversations, bring the problem your team is wrestling with to a hands-on workshop, or pull up a chair at a roundtable. Pick your quests. Meet us in San Diego, November 18–20. Fintech Business Weekly readers save 20% with code FBW20. Explore the Agenda Things To Know & Other Good Reads Federal Reserve Board finalizes changes to enhance the transparency and public accountability of its stress test and reduce volatility in its stress test-related capital requirements (Federal Reserve Board of Governors) FDIC Announces Conclusion of Independent Monitorship (FDIC) Modernizing Financial Regulation: Initial Observations from eSLR (Fed Vice Chair for Supervision Michelle Bowman) The Data Version of Godzilla versus Kong: FRED Takes on AI (Fed Governor Christopher Waller) Financing the AI buildout (Brookings) Q3’26: Rules for Banks but Not for Crypto (Fintech Takes Banking) The Inevitability of Local Stablecoins (Lombard Notes) Delusions of AI Governance: The Human-in-the-Loop Comfort Blanket (Fintech Snark Tank) Stripe agrees to acquire Parafin to expand revenue opportunities for platforms and help small businesses grow (Stripe) Listen: Fighting Fraud in the Age of AI, with SEON’s Tamas Kadar (Fintech Business Weekly) How Americans’ Financial Health Is Faring In The “K-Shaped” Economy If there is one overarching theme across the economy and politics in the U.S. at the moment, it’s “affordability.” The term is vague enough to encompass a panoply of factors shaping Americans’ day-to-day lives: rising costs for the hallmarks of being “middle class,” including healthcare, housing, childcare, and education, inflation and rising interest rates, and a job market with the specter of AI hovering over it. At the same time, policy shifts under the Trump administration have resulted in reduced subsidies to those who get health insurance under the Affordable Care Act and new restrictions on qualifying for Medicaid and SNAP, the impacts of which have yet to be fully felt. These factors are contributing to declining consumer confidence and general dissatisfaction with the economy, despite continuing GDP growth and stock market records. This divergence is encapsulated in the idea of the “K-shaped” economy, in which a small proportion of Americans have seen their wealth balloon, while the majority of American households struggle to preserve the lifestyle they have. Perhaps the greatest determinant of which branch of the “K” a household is on is whether their wealth and income are primarily derived from employment vs. from assets. Nearly two decades of low interest rates and, more recently, elevated rates of inflation have benefited asset owners, while those whose income is primarily or solely derived from labor have largely seen real purchasing power stagnate or decline. This is reflected in recent Bureau of Labor Statistics data showing that labor share of U.S. GDP — the fraction of economic output that accrues to workers as compensation in exchange for their labor — dropped to just 52.8% in Q2 2026, the lowest since the BLS began keeping records. In 1947, approximately 2/3rds of economic output accrued to workers; even as recently as 2001, labor’s share of GDP was 64.1%. Against this backdrop, we’ve seen the rise of more credit and credit-like products: cash advance apps, “no-fee” overdraft, earned wage access, and buy now pay later, which are often used as small-dollar short-term borrowing mechanisms to meet immediate consumption needs or pay other bills (eg utilities, cell phone, other debt payments). With the markers of a middle class existence and, increasingly, basic financial stability seemingly out of reach for many, it should be no surprise there’s been an increase in “financial nihilism,” something industry peers like Alex Johnson and Frank Rotman have discussed and analyzed the roots of. The explosion of gambling and gambling-adjacent products and services — often marketed under the guise of being an “investment” — is inextricably intertwined with the rise of financial nihilism. Crypto, sports betting, and, more recently, prediction markets offer an escape or even hope of sorts, like a contemporary, digital version of a scratch-off lottery ticket, while leaving the overwhelming number of people who use such products worse off. Share of Households That Are Financially “Vulnerable” Ticks Up The Financial Health Network’s 2026 Financial Health Pulse® report adds context on how American households are faring. (I linked to this report in last week’s newsletter, but wanted to take time to further unpack the data in the report this week.) The Financial Health Network publishes the report annually, providing insight into how Americans’ financial circumstances are changing over time. The 2026 report is derived from a survey fielded in April and May 2026. The report leverages survey responses to assess indicators of financial health across spending, saving, borrowing, and planning/protecting and to determine a zero to 100 “FinHealth” score. Those with scores between 0 and 39 are considered “Financially Vulnerable,” consumers with scores ranging between 40 and 79 are defined as “Financially Coping,” and those with scores of 80 to 100 are “Financially Healthy.” The report found that moderate improvements in 2025 were reversed, with the share of respondents considered financially “vulnerable” rebounding to 17%. The longitudinal data reflect the impact of pandemic-era programs, like expanded unemployment, cash stimulus payments, and pauses of federal student loan payments. The positive impacts of those programs, as reflected in the Financial Health Pulse reports, had largely disappeared by 2023. While pandemic-era inflation — to be fair, in part caused by the various support and stimulus measures — had come down from as high as 9% in 2022, it has rebounded since the start of Trump’s second term, with tariffs and energy market disruptions owing to the war in Iran pushing prices back up. Specific indicators in the survey that deteriorated from 2025 to 2026 include the share of respondents spending less than their income over the past 12 months, the share paying all bills on time over the past 12 months, the share that have a manageable amount or no debt, the share that are “moderately” or “very” confident their insurance is adequate to cover them in an emergency, and the share that “somewhat” or “strongly” agree that their household plans ahead financially. Unsurprisingly, lower- and moderate-income households are more likely to struggle to pay their bills on time and have any funds leftover to save. The share of low-income households whose income exceeded their spending dropped from 35% in 2025 to 31% in 2026, while the share of upper-income households whose income exceeded expenses remained unchanged at 63%. Households with student loans or revolving credit card debt reported having “a bit more” or “far more” debt than was manageable at rates far higher than those not carrying these types of debts. The share of those with student loan debt indicating their debt load was too high to manage increased from 50% in 2025 to 55% in 2026, while the share of those with revolving credit card debt saying the same ticked up from 51% in 2025 to 54% in 2026. Households that had student loans were markedly more likely to be financially “coping” or “vulnerable” vs. those without student loans. In 2026, 27% of households with student loans were considered financially vulnerable, a jump of 6% points vs. 2025. Households without student loans saw just a 1% point increase (not statistically significant) in those considered financially vulnerable. Households’ perception of the affordability of categories of goods and services paints a stark picture, with less than one-fourth considering higher education affordable, about a third deeming childcare affordable, and less than half viewing healthcare as affordable. Fintech Business Weekly is made possible by the generous support of paying subscribers — bringing you independent analysis of banking, fintech, and crypto without fear or favor. You can support my work by becoming a paying subscriber if you aren’t already. Paying subscribers enjoy: access to the entire archive of nearly six years of newsletters extended versions of the weekly newsletter, with additional content and analysis and (for founding member tier) quarterly personal 1:1 fintech Q&A / strategy calls with me, tapping into my unparalleled knowledge of the intersection of banking and fintech and experience working in the sector, including helping to launch Goldman Sachs’ retail bank Marcus Support Fintech Business Weekly You can also support Fintech Business Weekly by sponsoring a newsletter or podcast, putting you in front of 93,000+ of the most influential decision makers in banking, fintech, and crypto. Learn more about sponsor opportunities or request a media kit by dropping me an email. Democratic Senate Report Highlights How Iran Uses Tether to Evade U.S. Sanctions Iran uses stablecoins, specifically Tether, to evade sanctions, fund regional proxies, and to purchase military drones, a report released last week by the Senate Permanent Subcommittee on Investigations says. The report was authored by committee ranking member Senator Richard Blumenthal (D-CT) and the minority staff. Crypto and stablecoin proponents will often push back on criticism that criminals make use of these assets by arguing that, on an absolute dollar basis, far more illicit funds flow through traditional banking systems and payment rails than via crypto and stablecoins. And while that is likely true, it elides the reality presented in news story after news story: whether state actors — Russia, Iran, North Korea — or criminal groups, those looking to engage in illicit transactions increasingly favor stablecoins and, specifically, Tether (USDT). The report from the Senate Permanent Subcommittee on Investigations released last week adds context to how Iran uses Tether has a lynchpin in its shadow banking system. The report analyzed 846 wallets that have been sanctioned or targeted for seizure, finding that 84% of them transacted exclusively or primarily in Tether. The ability to create near limitless, anonymous wallets and to move funds effectively instantaneously and irreversibly have made crypto a favored financial mechanism for bad actors. Stablecoins solved key drawbacks of bitcoin, namely, the original cryptocurrency’s highly volatile value in dollars. And while Tether (the company) has the technical ability to “freeze” or destroy funds, the company is often limited and reactive in its approach to doing so, the Senate report argues. Tether, which is nominally based in crypto-friendly El Salvador, “has stated that its compliance with OFAC sanctions is ‘voluntary’ and that it follows ‘OFAC guidelines,’” the Senate report says. Owing to these favorable attributes, Tether “became a primary cryptocurrency for Iran, Hamas, Hizballah, and the Houthis beginning in 2023 and has expanded in scale since,” according to the report. Tether’s role in Iran’s shadow banking system, the report says, is enhanced by crypto exchanges like Bybit, Kyrrex, OKX, Gate, and Binance, and through “over the counter” exchanges and hawala networks. The consequences of these financial flows aren’t hypothetical. The Senate report links Tether as a funds transfer mechanism to Iranian proxies in the region, including Hizballah, the Houthis, and Hamas. Tether has also been used to make payments to secure components necessary to manufacture drones, the report says. The report concludes by arguing that “[s]tablecoin issuers with a significant nexus to the United States, particularly those that offer dollar-denominated stablecoins, should be subject to American sanctions law rather than being allowed to hide behind foreign jurisdictions.” Stablecoin issuers like Tether must be held accountable for repeated failures to prevent illicit finance and sanctions violations by law enforcement, the Department of Justice, the Securities and Exchange Commission, and OFAC, the report argues. [Paying Subscriber Exclusive] OUSD Goes Live, Make Your Own Neobank, U.S. Sanctions Russia’s A7 Network As “Transnational Criminal Organization” OpenUSD, the stablecoin issued by the Open Standard consortium that includes Stripe, Visa, Mastercard, core providers, crypto firms, and numerous banks, went live last week. Social commerce platform Whop raised eyebrows in fintech by offering creators on its platform the ability to launch their own neobanks, which the company describes as “great businesses that are easy to run,” in just 15 minutes. And OFAC and FinCEN target Russia’s “shadow banking” A7 Network — more on these stories after the paywall.
Iconic singer’s death at 63 rocks music world: ‘Was such a powerhouse bluesy vocalist’
Her family announced her death on social media.
Iconic singer’s death at 63 rocks music world: ‘Was such a powerhouse bluesy vocalist’
Her family announced her death on social media.
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