SCROLL NEWS / DISCOVERY
Search headlines
Find the stories shaping the conversation.
Results for " investment " 1,915 found 🔀 AI-powered Shuffle
Baptist Health Foundation Announces $1 Million Grant from Knight Foundation to Advance Healthcare Technology Innovation Fellowship - Florida Hospital News and Healthcare Report
Renewed investment will support the next five years of the Baptist Health Knight Foundation Fellowship in Healthcare Technology Innovation October 13, 2026 – Baptist Health Foundation today announced a $1 million […]
This KC business owner thinks Royals stadium will boost development. ‘We all win’
Nicholas Grunauer, owner of the Crossroads Austrian restaurant says the multi-billion-dollar investment could open the door to more.
Chinese business visit to Kuril Islands will do nothing to ease Tokyo tensions
The trip was aimed at identifying joint Russia-China investment opportunities in the disputed southernmost part of the archipelago.
Advancing One Health implementation and investment: from country action to sustainable solutions - WOAH - World Organisation for Animal Health
The Quadripartite organisations (FAO, UNEP, WHO and WOAH) highlight country action, science and investment as priorities for advancing One Health at the 9th World One Health Congress in Lisbon, Portugal. The Quadripartite partners – the Food and Agriculture Organization of the United Nations (FAO), the United Nations Environment Programme (UNEP), the World Health Organization (WHO) […]
Seahawks Get ‘Dominant’ Former Jets Standout Back for Broncos Matchup
The Seattle Seahawks have waited months to put their offseason investment in punt coverage to work.Irv Charles has a chance to show why John Schneider sounded so eager.Seattle activated the veteran receiver from injured reserve Tuesday, clearing the way for a potential team debut against the Denver Broncos on Thursday night.The move brings a player […] The post Seahawks Get ‘Dominant’ Former Jets Standout Back for Broncos Matchup appeared first on HEAVY.
Shanghai Science and Technology Investment Tower Mixed-Use Development / NBBJ
Completed in 2024 in Shanghai, China. Images by SFAP. Located in the core business district of Zhangjiang Science City, the Shanghai Science and Technology Investment Tower project features office,...
Lando Norris makes big business move with investment in £500m hospitality company
The reigning Formula 1 champion has joined a £20million funding round for British hospitality platform Seat Unique
SBA, DOW Sign Agreement on Small Business Defense Capital
SBA and DOW have signed an agreement to expand defense industrial base small businesses' access to loans and equity investments.
Behavioral Health Compliance Platform Brellium Raises $23M to Expand AI Auditing
Brellium, a healthcare billing compliance software provider serving mental health and autism providers, has raised $23 million. The investment
USDA Rural Business Development Grants Program has awarded over 1 million dollars
In a major effort to stimulate economic growth and expand job opportunities across rural Wisconsin, Wisconsin State Director Andrew Iverson announced $1.024 million in investments through the USDA Ru…
Alumna Katie Gavin’s Path from Beach Volleyball to Business
Since earning two degrees at Pepperdine Gavin has moved from the gritty sands of volleyball games to closing multimillion dollar deals in commercial investment sales.
Federal USDA grant spurs 11 rural Wisconsin business development projects, creating jobs
The USDA announced $1.024 million in investments in 11 rural business projects through USDA’s Rural Business Development Grants Program.
The 20 most successful ‘Shark Tank’ products of all time, ranked
Who knew socks, sponges, and toilet stools could be worth millions? We’re revisiting 20 of the most successful products in ‘Shark Tank’ history, from brilliant investments to spectacular missed opportunities.
Sixty years later, Missouri's bold investment in nuclear science continues to save and improve lives
Mizzou is harnessing the power of MURR and NextGen MURR to fight cancer, strengthen U.S. supply chains, support national defense and drive breakthroughs in health, energy and technology.
Palm Health Foundation Doubles Gifts to Grow the Next Generation of Mental and Behavioral Health Professionals - Florida Hospital News and Healthcare Report
Final Weeks to Double Impact: $50,000 Scholarship Match Ends October 31 October 12 2026 – West Palm Beach, Fla. – Community members have just weeks left to double their investment in […]
Marsh survey examines how health systems are managing capital, investment strategies
Health systems’ finances improved in 2026, but many organizations remain under enough pressure to keep tapping reserves, taking on debt, and turning to investment portfolios for financial flexibili | Forty-three percent of respondents report expecting to draw on reserves in 2026, up from 37% the year prior.
Women’s health R&I in Europe: growing investment, persistent gaps, and the case for a coordinated response
The evidence points to a clear but incomplete shift in women’s health R&I: political attention and investment are growing across Europe, but funding, eviden
Lionel Messi is building a business empire that will outlast his football career
From his Inter Miami compensation package to hotel investments, venture capital and football club ownership, Messi is turning his sporting success into a diversified portfolio.
NTT DATA Business Solutions launches "Elevate", its Agentic AI-powered delivery framework, to help accelerate SAP transformations
NTT DATA Business Solutions, a leading global IT service provider and specialist in SAP solutions, today announces the launch of "Elevate", its next-generation Agentic AI-powered delivery framework. Elevate brings together the company's secure AI-enabled platform NTT DATA aXet, Natuvion's data transformation capabilities and SAP technologies, including SAP's Agent-Led Toolchain and SAP Business AI Platform. Elevate is designed to maximize the value clients gain from their investments in SAP and
Business priorities for mobilising and scaling finance for biodiversity - ICC
COP17 provides a window to turn global biodiversity finance commitments into investment at scale. With at least US$200 billion a year needed for biodiversity by 2030, this ICC policy paper sets out the frameworks, financing solutions and market conditions needed to reduce investment risks and channel capital towards measurable outcomes for nature.
Taxpayer support for Michigan-Israel biz accelerator draws scrutiny
A Michigan taxpayer investment in an Israeli counter-drone company has sparked backlash from critics of Israel's prosecution of Mideast wars.
MBA Roundup: Harvard Business School MBAs Share Their Summer Internship Experiences
Harvard MBAs share their internship experiences in AI, investment management, product development, and more.
NY Giants’ $12.3M punter is making the investment count
Nine punts inside the 20 on 16 attempts is the Jordan Stout number I care about more than his 78-yard […]
African genomics research is growing: what countries are doing to connect genetic data and healthcare
National genetic projects are important but they must have local expertise, responsible data governance and sustained investment to improve healthcare.
New statewide data shows youth mental health is improving and students feel safer in Pa. schools
HARRISBURG — A statewide survey of more than 267,000 Pennsylvania students shows that investments under the Shapiro-Davis administration in youth...
Clover Health (CLOV) Stock Looks Reasonable Despite New 5 Star Ratings
Clover Health Investments has seen sharp swings in its share price in recent years, and the stock closed at US$4.79 most recently. With the business in the spotlight after new Medicare plan ratings, the question for investors is whether that price can be explained by its sales. The stock has delivered a very large 3 year return of about 365.0%, which puts a lot of weight on whether current revenue levels and future top line potential can support today’s valuation. Clover Health’s Medicare...
Will Citi Upgrade Change Flutter Entertainment (FLUT) Stock Narrative
Flutter Entertainment confirmed that Chief Legal Officer Don Liu resigned at the end of September 2026, with Group Company Secretary Edward Traynor stepping in as interim legal head. FanDuel continues to show solid customer and handle momentum during the early NFL season. The same period combined legal leadership turnover, regulatory pressure in Brazil that led to a shutdown of operations there, and higher UK gaming taxes with ongoing cost transformation and heavy US investment. This...
The Underappreciated Benefits of Leaving Fallen Leaves Alone
To homeowners, fallen leaves look like work. To nature, they’re an investment, with tremendous value on the secondary market as invertebrate real estate.
Child Psychiatrist: Screen Time Isn't Main Threat to Kids
Columbia's Jonathan Slater urges investment in children's mental health care, not screen limits
Mobile Trivia Launch Could Matter For AMC Stock And AMC Entertainment Holdings (AMC)
AMC Entertainment Holdings recently introduced AMC Movie Trivia Game Show, a free mobile app created with Hoyt Games and puzzle designer David L. Hoyt, offering daily movie-themed puzzles and thousands of trivia challenges across major app stores. The game links directly to AMC Stubs, turning loyalty membership into in-app bonuses that could deepen engagement with frequent moviegoers and digital audiences. We will now look at how AMC Entertainment Holdings' investment narrative interacts...
Inside Ken Paxton’s private testimony about his money
The leaked deposition from a fraud inquiry in 2014 provides insight into the Senate candidate’s investments and his tactics for defending himself.
Watch KCCI's one-on-one interview with Dr. Oz
Dr. Mehmet Oz discussed a $209 million federal investment to improve rural healthcare in Iowa during a one-on-one interview on Friday.
GOP consistently cuts mental health investments
The decision is hard to understand, but it fits a pattern.
Employee development shouldn’t stop at promotion
A promotion is only the beginning. For businesses competing to retain top talent, advancing employees into leadership roles can be a powerful investment, but a new title doesn’t automatically make someone an effective manager. As Business Report writes in its Best Places to Work issue, training, mentorship and ongoing support can help newly promoted employees […]
Pharmaceutical innovation: a strategic investment in health and growth
Governments around the world are confronting increasingly common challenges: how to drive economic growth, address demographic changes and productivity pressures, and how to strengthen national resilience. Investment in health is fundamental to achieving these goals, and medicines and vaccines are central to this effort. We are at the cusp of the next golden age in...
As World Health Summit opens, IRC warns global health investment in fragile states is declining as disease outbreaks pose growing threat
As the World Health Summit begins, IRC warns that global health cuts are putting lives at risk in the world’s most fragile and conflict-affected states.
Ferrari’s chairman is bullish on AI. He’s less certain how businesses will cash in
Ferrari chair John Elkann played down AI bubble fears, but acknowledged investment in the technology could outpace revenue generation.
Iowa Economy recap: AI lifts economic growth amid higher costs
The national economy is growing, bolstered by investments in AI, but the benefits are uneven. High fuel costs, inflation and weak income growth are weighing on many households and businesses. On the latest episode of the Iowa Economy Podcast, two national economists joined to discuss the state of the national economy and how it is…
The AI tools helping meet demand for home healthcare
Home healthcare companies are increasing investment in AI tools that aid in documentation, referrals and fall prevention.
Everton up for sale? Friedkin Group considering new investment options including the potential sale of controlling stake
The Friedkin Group (TFG) have said they will only entertain interest from parties who they feel are the right stewards to take the club forward; TFG completed their full takeover of Everton in December 2024
New Madison Facility Strengthens B&A’s Presence In The Region
B&A, a mission-critical technology and solutions provider to the federal government, marking its continued investment in the area with a grand opening of
Trump touts new AI investments, awards top science honors
President Donald Trump on Thursday announced new investments in artificial intelligence, aimed at maintaining American leadership in the technology.
Trump touts new AI investments, awards top science honors
President Donald Trump on Thursday announced new investments in artificial intelligence, aimed at maintaining American leadership in the technology.
Fact Sheet: Trump Administration Announces the Most Ambitious Set of
At the Science: A New Golden Age Summit, the Trump Administration launched the most ambitious set of science initiatives in decades, representing over $6 billion in investments across the Federal
Fresno ranks No. 40 among top U.S. industrial investment markets
Fresno ranked among California’s strongest markets for industrial real estate investment according to a recent analysis from LoopNet, ranking No. 40 nationally among 139 U.S. cities. The Fresno market received a score of 60.2. The
Artemis Investment Management LLP Raises Stock Position in Sphere Entertainment Co. $SPHR
Artemis Investment Management LLP grew its stake in shares of Sphere Entertainment Co. (NYSE:SPHR - Free Report) by 118.9% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 447,982 shares of the company's stock after buying
The New Golden Age of Science: The Trump Administration's Over $6 Billion Investment in Science
The Trump administration has announced a more than $6 billion investment across the Federal Government, industry, academia, and philanthropy as part of “the most ambitious set of science initiatives in decades.” “Under President Trump’s leadership, we are ushering in a New Golden Age of Science powered by super intelligence, a return to merit, and bold […]
Anthropic commits $150M to U.S. AI science initiative
Content provided by Seeking Alpha is intended for information purposes only, and that Seeking Alpha does not offer any personalist investment advice and is not a licensed securities dealer, broker, US investment adviser or investment bank.
Direct Relief Invests in Community Birth Centers to Improve Maternal and Newborn Health
Direct Relief is expanding its support for maternal and newborn health in the United States through new investments in nonprofit community birth centers providing care in medically underserved comm…
Images: Science Square's latest jobs hub arrives on Westside
One of the world’s leading battery makers officially cut the ribbon this week on a $56-million, jobs-producing investment into research and development at the cusp of Georgia Tech.Spread across four stories where English Avenue meets Midtown, Duracell’s Global Innovation Center for Research and Development marks a key addition for Science Square, an 18-acre, mixed-use district expected to produce 500 homes, retail, and nearly 2 million square feet of lab and office space across multiple phases.
Resilience and regeneration are reshaping Asia-Pacific real estate value
Land value and expected returns remain central to real estate investment, but across Asia-Pacific, sustainability, climate resilience, and long-term asset performance are increasingly influencing where capital goes.
What's The Oldest Samsung Phone That Still Gets Software Support?
Buying a new phone is an investment, so you'll want one that lasts a while, but does your old Samsung still have some life or is it out of support?
Amazon layoffs hit hundreds of employees across multiple teams
Amazon faces new layoffs affecting seller support, engineering, and customer service amid its cost overhaul and AI investments.
Building a Science-Smart AI Strategy for R&D Labs
How lab leaders can close the gap between investment and impact.
Justin Casse passed on the family training business over 4:30 a.m. wake-ups. Now he owns stakes in about 100 racehorses across six countries
Casse built a global business spotting future champions—and learned that even the best judgment can’t guarantee a winning investment.
The Lateral Is Coming. Is the Business? How Law Firms Can Turn Lateral Hiring into Revenue
A lateral hire represents one of the largest growth investments many law firms make. Yet firms sometimes spend more energy negotiating the lateral’s compensation package than planning how the lawyer will succeed once inside the building.
CurTec Expands Operations in Oconee County
CurTec USA (CurTec), a high-performance packaging manufacturer, today announced it is expanding its operations in Oconee County. The company’s $10 million investment will create 10 jobs. Founded in 1991, CurTec produces plastic drums, pails and...
Flutter Entertainment: We Double Down (Rating Upgrade)
Flutter stock is down 20% since May. See why FLUT's FanDuel investment, international diversification, prediction markets & cost savings improve risk/reward.
Vector Science and Therapeutics Corp. Announces Collaboration with SAFE Investment in Gary Payton's Scoreboard
/PRNewswire/ -- Vector Science and Therapeutics Corp. (TSXV: PAIN) ("Vector" or the "Company") today announced that it has entered into a strategic...
Brownsville Projects Carry $41.1 Billion in Estimated Investment
Four Cameron County projects carry a combined estimated investment of $41.1 billion, according to a county-branded graphic Dan Garcia, a Pittsburgh-based energy infrastructure attorney with Steptoe & Johnson PLLC who identifies Brownsville as his hometown, shared on social media.
The Politics of Sustainability Have Changed. The Business Case Hasn’t.
Corporate sustainability may have fallen out of favor in some executive and political circles, but the business case remains strong: Companies continue to invest because sustainability initiatives can deliver measurable gains in profitability, resilience, and growth. Drawing on research from NYU Stern’s Center for Sustainable Business and other recent studies, the article shows how four areas in particular—circularity, decarbonization, sustainable sourcing, and employee well-being—can lower costs, reduce risk, strengthen supply chains, improve productivity, and create new revenue opportunities. Examples from industries including automotive, healthcare, apparel, energy, consumer goods, and manufacturing illustrate how companies are capturing value through resource reuse, energy efficiency, resilient sourcing strategies, and investments in frontline workers. While the language of ESG may be losing momentum, the underlying business fundamentals have not changed: organizations that systematically address material environmental and social challenges, quantify the financial impact of their efforts, and embed sustainability into core decision-making are better positioned to improve operational performance and create long-term enterprise value.
The Politics of Sustainability Have Changed. The Business Case Hasn’t.
Corporate sustainability may have fallen out of favor in some executive and political circles, but the business case remains strong: Companies continue to invest because sustainability initiatives can deliver measurable gains in profitability, resilience, and growth. Drawing on research from NYU Stern’s Center for Sustainable Business and other recent studies, the article shows how four areas in particular—circularity, decarbonization, sustainable sourcing, and employee well-being—can lower costs, reduce risk, strengthen supply chains, improve productivity, and create new revenue opportunities. Examples from industries including automotive, healthcare, apparel, energy, consumer goods, and manufacturing illustrate how companies are capturing value through resource reuse, energy efficiency, resilient sourcing strategies, and investments in frontline workers. While the language of ESG may be losing momentum, the underlying business fundamentals have not changed: organizations that systematically address material environmental and social challenges, quantify the financial impact of their efforts, and embed sustainability into core decision-making are better positioned to improve operational performance and create long-term enterprise value.
Melco Resorts & Entertainment Limited (NASDAQ:MLCO) Stock Rated "Moderate Buy" by Wall Street Brokerages
Melco Resorts & Entertainment Limited (NASDAQ:MLCO - Get Free Report) has earned an average rating of "Moderate Buy" from the ten research firms that are covering the firm, MarketBeat reports. Two investment analysts have rated the stock with a sell rating, two have issued a hold rating, five have g
Science investment plans put basic research at risk, critics say
Market-driven approach sparks caution among New Zealand researchers
BBVA to Co-Chair Climate Finance and Investments Working Group at COP31 Business Forum
BBVA will lead the Climate Finance and Investments area at COP31 to accelerate funding for the global energy transition.
Latham & Watkins Advises Spectrum Equity on Growth Investment in Symmetric Health Solutions
Multidisciplinary team represents the growth equity firm in investment in the healthcare supply chain intelligence provider.
BIGC Raises Bridge Investment to Accelerate the Development of a Global “Entertainment OS”
BIGC Secures Its First Bridge Investment of 2026, Reflecting Explosive Growth with 3.9 Million Members Across 232 Countries and Territories and Re...
U. Business School researchers find that girl dads are more attentive to their partners
Two Rutgers University researchers recently published a study that found having a daughter was associated with changes in fathers' psychology, including greater investment in the relationship he has with the child's mother.
Islamic Development Bank and Global Fund Strengthen Partnership to Advance Sustainable Health Financing
GENEVA/JEDDAH – The Islamic Development Bank (IsDB) and the Global Fund to Fight AIDS, Tuberculosis and Malaria (the Global Fund) signed on 6 October a new Partnership Agreement to strengthen collaboration and accelerate investments in health across low- and middle-income countries. The agreement, which marks a new chapter in a long-standing relationship, establishes a framework for aligning investments and coordinating financing, mobilizing additional resources, and supporting country-led efforts to build…
Watch Robinhood's Kerbrat on Business Strategy, Crypto
Johann Kerbrat, Senior Vice President and General Manager of Crypto and International at Robinhood, discusses the company's expansion plans and investment opportunities in the cryptocurrency market. He speaks with Haslinda Amin on the sidelines of the Token2049 conference in Singapore.
Top House Oversight Democrat seeks answers about Kushner’s Israeli investment following CNN report
Rep. Robert Garcia, ranking member of the House Oversight Committee, requests investment information from Kushner’s firm, Affinity Partners
Investment in Shelby's business district will cost roughly $5 million
Shelby will start crafting legislation for a revitalization district, with businesses announcing their expansion to the city.
Will the Cardinals trade Josh Sweat as departure rumors swirl?
GLENDALE – The Arizona Cardinals should seriously consider trading Josh Sweat before the NFL trade deadline. If multiple contenders call, general manager Monti Ossenfort can turn a disappointing investment into future draft capital.
AI founders for hire: Startup hub Foundations launches service to connect businesses with builders
Foundations Design and Engineering is meant in part to give founders a new way to fund their companies as early-stage investment gets harder to raise. Prices and the share of each contract that Foundations will keep are still being worked out.
Re:Build Expanding Operations in York County
Re:Build, an integrated engineering and manufacturing company, announced plans to expand its advanced composites manufacturing operations in York County. The company’s approximately $20 million investment will create 150 skilled manufacturing and...
Brazil: Lessons from a Disaster
By Antonio Martins (Outras Palavras) Defeats become deeper and more prolonged when we misunderstand what caused them, avoid correcting course, and embrace “solutions” that only compound our mistakes. Lula’s government and the Brazilian left suffered a disaster in Sunday’s election. Contrary to every poll, the president finished the first round 2.2 million votes behind Flávio Bolsonaro—and, more significantly, 3.4 million votes below his total four years ago, when the machinery of the state was working against him and in favor of his opponent. His vote share declined in 98 percent of Brazil’s municipalities. The PL, the main party of the far right, elected 121 deputies and 28 senators, becoming the largest caucus in both houses of Congress. The parties aligned with the Centrão—Brazil’s bloc of transactional center-right parties—were somewhat diminished, but will still hold roughly 250 seats in the Chamber of Deputies and 35 in the Senate. That will make it easier to assemble the majorities needed to amend the Constitution or impeach Supreme Federal Court justices. If elected, Flávio Bolsonaro could appoint four members of the Court, substantially altering its internal balance of power. What produced these results? How can the far right be prevented from consolidating them into a prolonged political hegemony? And what is the essential change of direction the left now needs? Explaining the Disaster Across the commercial media and the exuberant chaos of digital platforms, interpretations are multiplying. Some focus on specific episodes: Lula’s absence from the Globo debate, his very close relationship with Alexandre de Moraes, or his emphasis on issues supposedly remote from most people’s everyday concerns, such as rare earth minerals. Among the more systemic interpretations, three seem especially questionable. One argues that the principal defeat was not the left’s, since its congressional representation declined only slightly. The decisive movement captured at the ballot box, according to this view, was a shift within the right itself—from the more moderate and transactional forces of the Centrão toward the more ideological and radicalized forces of the PL and Novo. A second interpretation holds that the nature of electoral and political processes has changed. The material interests and aspirations of society, it argues, no longer play the central role they once did; they have given way to forms of subjective self-identification that the left has yet to understand. And a third concludes that, because of these two developments, we should expect a political winter: a prolonged period in which the far right and the broader right dominate Brazilian political life. There are important elements in all three interpretations. The problem lies in what they deny or leave out: Lula’s third government was a small-bore government. It offered the majorities that elected it neither a clearly better life nor reasons to believe again in politics and its power to transform society. These failures flowed from two fatal accommodations, which I will examine below. As a result, the government suffered a slow but steady erosion of support. And, as has happened in so many Western countries, it gave the far right the opportunity to present itself as anti-system and to benefit from popular frustration and distress. The interpretation that emphasizes the migration of votes from the center-right and traditional right toward the far right has been advanced, among others, by the courageous journalist Leonardo Sakamoto. In his UOL column on Monday, October 5, he highlights the miserable behavior of the traditional conservative parties. Over the past four years, they repeatedly joined forces with the “neo”-fascists, helping to “normalize” them—a criticism that could equally be directed at almost the entire corporate media. Believing they could use the far right as a stepping stone, they instead ended up partly devoured by it. This was especially true in the Senate, where the PL’s gain of 13 senators and Novo’s gain of two came at the expense of the PSD, which lost nine; the MDB, which lost two; the PSDB, which lost two; and the PP, which lost one. Sakamoto’s observation is accurate and necessary, but it leaves uncomfortable questions unanswered. Why did the erosion of the Centrão benefit the far right rather than, for example, producing growth for the left—as has happened so many times before, both in Brazil and elsewhere? The answer is not difficult. Throughout its four years in office, Lula’s third government was almost invariably associated with the Centrão. Here lies its first accommodation: accepting the limits imposed by conservative institutions; avoiding, as much as possible, any attempt to strain those limits through popular pressure; and believing only in the modest changes that could be squeezed through openings in Congress. The failure of the campaign to end the six-day workweek is emblematic. Lula could have electrified the presidential race by pairing it with a popular campaign for passage of the measure. Instead, he chose to place his hopes in the hands of Senate president Rodrigo Alcolumbre. He generated no mass mobilization, did not force his opponents onto an uncomfortable defensive, and won no victory. In September 2025, the government squandered the greatest of its many opportunities to shake up conservative power in Congress. Popular opposition to the so-called Shielding Amendment—which, if approved, would have restricted criminal proceedings against members of Congress—brought crowds into the streets, mobilized primarily by artists and social movements. This opened the possibility for a broader political education: a campaign that could begin exposing the limits and dysfunctions of Brazil’s political system while putting Bolsonaro’s movement on the defensive for its predictable support of political privilege. The amendment was defeated. But the executive branch then backed away from the fight. It remained associated with an institutional world widely seen as corrupt, elitist, and indifferent to ordinary people’s struggles. In doing so, it forfeited its credibility as a vehicle for the protest vote. On Sunday, it reaped the bitter fruits. Are We Doomed? Taking a different approach from Sakamoto, the philosopher Moysés Pinto Neto and other writers have drawn attention, in their first analyses of October 4, to the fragmentation of the public sphere produced by Big Tech platforms. Through their algorithms, these platforms present each person with a different view of social reality. As a consequence, it becomes much harder to identify common material problems and demands—for example, the fight for labor rights or for a properly funded public health system. Voters no longer embrace such demands, these authors argue, because they no longer see themselves as part of a collective. Instead, they tend to value the identities assigned to them by neoliberal subjectivity—the role of the entrepreneur, for example. On this interpretation, the left’s possible error lies in clinging to outdated illusions. Moysés’s warning is highly relevant and resonates with arguments such as Naomi Klein and Astra Taylor’s “Apocalyptic Fascism and the Billionaires’ Bet.” Unlike a century ago, the far right no longer promises a radiant future. It concentrates instead on resentment—especially that of young men. “They belong to a generation that fears it may never own a home, but compensates with the pleasure it gets from constantly provoking progressives online. Convinced their future has been stolen, they share memes romanticizing historical authoritarian regimes,” the authors write. But Moysés seems to confuse this danger with inevitability. He fails to see that the left’s answer cannot be adaptation. On the contrary, it must strengthen the possibility of politics as collective action. Nor does he recognize that precisely such a reversal is already becoming possible in some of the most promising mobilizations of the twenty-first century: the election, at the end of 2025, of the young Muslim Zohran Mamdani as mayor of New York, on a platform centered on the intensely material fight for an affordable city; the Left Party’s victory in Berlin two weeks ago, built around the demand to expropriate private real-estate corporations; and the very recent wave of demonstrations in Spain—including an occupation of Madrid’s Puerta del Sol—in which tens of thousands of young people mobilized by the Tenants’ Union have demanded limits on rents. By putting itself in the straitjacket of the “fiscal framework” in the first months of 2022, Lula’s third government adopted the second fatal accommodation of its term. Faced with conservative institutions and a country devastated by four years of Bolsonaro, increased public investment was the government’s remaining weapon for offering a more dignified life to the majority and forging an anti-conservative pact with them. The same state that disburses 1 trillion reais a year to enrich a small class of rentiers could instead spend money to extend the Family Health Strategy to every Brazilian, at a cost of 30 billion reais; provide full-day public schooling and childcare to all adolescents and children—and, especially, relief to their mothers; achieve universal sanitation while cleaning up polluted urban rivers; multiply metro systems; begin transforming the urban peripheries; and undertake many other urgently needed projects. In April 2023, an article in Outras Palavras warned that the fiscal framework could “shrink the Lula government and preserve the forces that condemn the country to inequality and regression.” A year later, another article showed that restraints on public spending were strangling policies vital to ordinary people and undermining the president’s popularity. In November 2024 came a reality check, in the form of the government’s humiliating defeat in the municipal elections. Even then, the fiscal lock was neither removed nor loosened. On the contrary: throughout the government’s four years, fiscal restraint remained central to its political narrative. The administration proudly proclaimed that it had “put the state’s accounts in order,” without grasping either how misleading that phrase was—given the payment of 1 trillion reais in interest—or how badly the message was hurting it politically. Lula finally woke up in September 2026. The increase in Bolsa Família benefits, after four years of being frozen; the announcement that anti-obesity drugs would be offered through Brazil’s public health system; and the ban on online betting showed that the state has the power to act decisively on behalf of the majority when those in government are willing to confront obstacles. The huge marches that closed the campaign in Fortaleza, Salvador, Rio de Janeiro, and São Paulo on the eve of October 4 showed how such initiatives can mobilize activists and the broader public. But it was too late—and too little to change the outcome of the first round. History has not ended The possibility of a turnaround in the three weeks leading up to November 25 cannot be ruled out. It will not be simple or easy. Lula must not only make up a deficit of 2.2 million votes; he must also offset the movement of voters who backed other right-wing candidates in the first round, most of whom are likely to move toward Flávio Bolsonaro. Pulling that off will require a broad, grassroots effort to win over voters, potentially reinforced by new initiatives from Lula. The coming hours and days will be decisive. If Bolsonaro’s movement also wins the presidency, the result will create a high-risk situation for Brazilian sovereignty and democracy. The enormous challenges posed by such an outcome would require the left to reexamine, in depth and with a genuine willingness to engage in self-criticism, its political projects—or its lack of them—and its practices. But would that mean we are condemned to the long winter of far-right hegemony that some analyses are beginning to forecast? It is far too early to say, suggests a recent text by Álvaro García Linera, the thinker who served as vice president of Bolivia under Evo Morales. His central hypothesis is that this political current will prove short-lived. At a moment when the entire world is once again talking about sovereignty and protecting national economies, the far right offers a stale, recolonizing neoliberalism. Its submission to the United States is as blatant and pathetic as Flávio and Eduardo Bolsonaro’s overtures to Donald Trump. Its project amounts to something like every man for himself: greater inequality, capitalism without limits, devastation, and supremacism. Will it work? In the United States, just two years into his second term, Trump himself is reaching record levels of unpopularity and may be on the verge of losing Republican control of both the House and Senate in November. Every new beginning is difficult. Whatever the outcome of the second round, the defeats of October 4 show how profoundly the Brazilian left will have to rethink and rebuild. But just as it would be foolish to underestimate the seriousness of its mistakes, it would be equally foolish to conclude that rebuilding a political project is no longer possible. History has not ended. The times are moving faster than ever. Originally published in Portuguese by Outras Palavras. English translation by Eric Blanc; I’ve added the subtitles. More We can’t stop the far right at home or abroad without a revitalized labor movement, which is yet another reason why you should become a sustaining supporter of the Emergency Workplace Organizing Committee (EWOC) — one of US labor’s pivotal bright spots. Relatedly, Jacobin published a short piece of mine reflecting on a decade of Bernie Sanders inspiring a whole new generation of young worker organizers.
Snap investor pushes company to sell stake in eyewear business
Hedge fund Blue Duck Capital Partners wants Snap Inc. to raise capital by selling a stake in its nascent Specs unit, putting additional investor pressure on the social media app to deliver on its big investment in augmented reality glasses.
AMN Healthcare Research Links Hospital Digital Investment to Better Patient Experience
/PRNewswire/ -- New proprietary research from AMN Healthcare, the leader and innovator in total talent solutions for healthcare organizations, examines the...
Compass Datacenters Funds New Community Wellness Space at Hoffman Estates Health and Human Services
$50,000 investment will create the department's first purpose-built room for group therapy, workshops and community programming Compass Datacenters is funding...
AI is changing entertainment. Here's what investors are betting on
New Delhi, Oct. 6 -- Recent investments in media and entertainment, from Prime Focus-backed Brahma AI raising $150 million to AI-native live entertainment discovery and ticketing platform thumpN raising over $3.75 million, might suggest that artificial intelligence has become the industry's newest…
Global Heat Forum seeks to galvanize action and investment
BANGKOK – The first Global Heat Forum opened today to unlock finance and supercharge solutions on extreme heat, amid record-breaking temperatures and an intensifying El Niño. The four-day event in Bangkok takes place as the Thai capital recovers from devastating rainfall and deadly floods.
Six Flags Entertainment Corporation (NYSE:FUN) Stock Has Average Target Price of $21.50
Six Flags Entertainment Corporation (NYSE:FUN - Get Free Report) has earned a consensus rating of "Hold" from the sixteen ratings firms that are covering the company, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation, six have issued a hold recomme
Did New Science Board Just Shift BioCryst's (BCRX) Investment Narrative?
BioCryst Pharmaceuticals recently formed a seven-member Scientific Advisory Board made up of experienced rare disease and drug development leaders to guide its research, clinical plans and regulatory approach. The depth of this board, spanning big pharma R&D, AI driven drug discovery and rare disease commercialization, directly targets BioCryst’s execution risk as it builds a broader pipeline beyond its current portfolio. We will now examine how BioCryst Pharmaceuticals’ investment narrative...
Largest gift in Franklin College history to pay for new business and pre-law building
The college plans to build a two-story academic facility featuring a mock courtroom for pre-law students and an investment trading lab aimed at business majors.
Science in French? Bien sûr!
As English dominates the publication landscape, support for French-language research is a strategic investment in the quality, equity and the future of knowledge.
Seth Haron | 40 Under 40 2026
Seth Haron, managing director of investments at Marcus & Millichap, is a 2026 Crain's Detroit Business 40 Under 40 honoree.
Eyes on Growth: TD Survey Finds Small Businesses Confident About Growth Despite Economic Headwinds and Delayed Investments
TD Bank U.S. survey finds 85% of small business owners expect stronger revenue through year-end, despite economic uncertainty and preparedness gaps.
DCCC Jumps Into PA-01 Contest With Coordinated TV Ad For Harvie
How important is the 1st Congressional District race between Rep. Brian Fitzpatrick and Bucks County commissioner Bob Harvie to Democrats? For the first time in six years, the Democratic Congressional Campaign Committee (DCCC) is making an investment in PA-01 with a coordinated TV ad for the Harvie campaign. Entitled "A…
Cal-Maine cracks open new growth opportunities
Earnings plunge amid low egg prices and investments in prepared foods.
After success in Ascension with steel plant, Iberville Parish proposes its own industrial zone
Proposed industrial area would abut the RiverPlex MegaPark in Ascension, which has drawn billions in investment and pollution concerns
2026 business priorities: 5 trends shaping investments, talent and AI
Old National Bank’s annual business report is out for 2026. Read year-over-year sentiment from the last five years and understand what’s new.
GameStop CEO Ryan Cohen shared his best and worst investments with Business Insider. Neither of them involves money.
GameStop's Ryan Cohen shares best and worst investments of his life
Ryan Cohen said he's still "collecting dividends" from his best investment, and his worst investment involved misplaced trust.
YH Entertainment Warns of Investment Fraud Impersonating AND2BLE's Japan Management
YH Entertainment Warns of Investment Fraud Impersonating AND2BLEs Japan Management
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...
WHO joins Pre-COP31 to advance climate action that delivers for people’s health
The World Health Organization (WHO) is joining Pacific leaders, governments and partners at Pre-COP31 in Fiji from 5 to 8 October to advance health priorities in climate action and strengthen the Pacific voice ahead of the 31st Conference of the Parties (COP31) to the United Nations Framework Convention on Climate Change (UNFCCC).COP31, to be held next month in Antalya, Türkiye, marks an important step for global climate and health action. Health is one of the 10 priority themes of the COP31 Action Agenda, “Dynamic and Resilient Health Systems”, and a dedicated Health Day will take place on 9 November, the first day of COP31. The inclusion of health reflects growing global recognition that climate action and health are closely connected. The climate crisis is affecting population health globally. Across the WHO Western Pacific Region, which includes Pacific island countries and areas, the consequences of climate change include extreme heat, cyclones, floods, rising sea levels, food and water insecurity, infectious diseases and disruptions to essential health services. The Pacific in particular faces additional challenges. A recent review of 76 hospitals in 14 Pacific island countries found that 62% of health facilities are located within 500 metres of the sea or a river, leaving them particularly exposed to flooding, storm surges and sea-level rise.Bringing Pacific priorities to the global climate agendaThe Pacific Pre-COP31 provides an important opportunity for Pacific countries and partners to consolidate regional priorities and bring the experiences and leadership of Pacific communities into global climate discussions.Pacific countries have been advancing practical approaches to protect health in a changing climate, including strengthening climate-resilient health systems, improving preparedness for extreme weather events, building resilient health infrastructure and mobilizing climate finance for health. “This Pre-COP is an important moment for the Pacific, bringing global climate discussions to a region that has long been at the forefront of the climate crisis. It provides an opportunity for Pacific countries and areas to set their priorities, experiences and leadership on the global stage, and to ensure that the realities of Pacific communities are genuinely reflected in the decisions made on climate action,” said Dr Saia Ma’u Piukala, WHO Regional Director for the Western Pacific.Throughout this week, WHO will co-convene and participate in high-level discussions and events focused on climate and health, climate resilience, adaptation, financing and implementation. “Climate finance is essential for resilient and healthy Pacific communities,” emphasized Dr Mark Jacobs, WHO Representative to the South Pacific and Director of Pacific Technical Support. “We must ensure that financing reaches the people, communities and essential services most exposed to climate risks, supporting locally defined priorities and investments.”WHO will work with partners to strengthen the integration of health considerations across climate policies and investments, including national climate plans and resilience initiatives.Health as a driver of climate actionAmid the risks to health and pressures on health systems, well-strategized and implemented climate action can deliver significant health benefits. Investments in clean energy, sustainable transport, resilient infrastructure, food systems and nature-based solutions have proven to reduce health risks while contributing to climate mitigation and adaptation.“Climate action is truly an investment in health. Cleaner energy, healthier food systems and climate-resilient health services can protect lives while building stronger communities. We now need to turn these opportunities into action and make health a core part of climate investments,” said Dr Sandro Demaio, Director and Head of Office, WHO Asia-Pacific Centre for Environment and Health in the Western Pacific Region. “These benefits demonstrate that climate action is not only about reducing future risks. It is also an opportunity to improve lives today while building healthier, safer and more resilient societies.”At COP31 next month, WHO will also support the Health Pavilion, which will bring together the global health community and partners to advance health and equity within climate negotiations. With COP31 poised to move health higher on the global climate agenda, WHO will continue working with countries and partners across the Western Pacific Region and globally to strengthen climate-resilient and low-carbon health systems, and ensure that climate action protects and improves people’s health.____________________Media contactsElizabeth Bennett, WHO Asia-Pacific Centre for Environment and Health in the Western Pacific Region, elizabeth.bennett@who.intJulia Dongwhan Shin, WHO Asia-Pacific Centre for Environment and Health in the Western Pacific Region, dong.shin@who.intWHO Western Pacific Communications, wprocom@who.int
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.
Sports betting is increasingly the norm for Gen Z. Here’s why some financial and mental health experts are worried
Surveys show Gen Z increasingly views sports bets as a form of investment, and those who gamble too often face mental health risks.
Sports betting is increasingly the norm for Gen Z. Here’s why some financial and mental health experts are worried
Surveys show Gen Z increasingly views sports bets as a form of investment, and those who gamble too often face mental health risks.
Meta dodging taxes with data sites
Mark Zuckerberg says Meta's artificial intelligence push is a tremendous success. "Our investments in AI are accelerating every major part of our core business," he has told investors. "Every sign that we're seeing in our own work and across the industry gives us confidence in this investment."