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Assemblymember Maggy Krell on new sex abuse law impacting college campuses amid Cornell case
Assemblymember Maggy Krell, a former sex crimes prosecutor for the California Department of Justice, spoke about the alleged sexual assault at Cornell University, calling it a "moment of reckoning" and emphasizing the need for stronger enforcement and prevention measures.
Political cartoons for October 11
Sunday's political cartoons include Title IX, voter inducement, and more
How John Fetterman spends his time comes under more scrutiny as he weighs future in the Senate
The Pennsylvania Democrat has been labeled an absentee senator for years. As he floats the possibility of running again, what has he actually done?
Jim and Marilyn Simons lent their 68-metre superyacht to ocean scientists; an $80,000 system tested whether luxury vessels could help validate satellite data
Superyachts are usually associated with luxury travel, but the 68-metre Archimedes, owned by Jim and Marilyn Simons at the time of the research, also became a platform for marine science. During several deployments between 2018 and 2020, an autonomous measurement system aboard the yacht collected ocean-colour observations at a range of locations, including remote regions such as the Antarctic Peninsula.
Stomach-turning sexually transmitted infection is on the rise — and standard medicines are failing
Shigella bacteria are becoming harder to treat as drug-resistant strains rise, and doctors warn Americans should be concerned but not panicked.
Novi Pet Expo brings animals, adoptions, entertainment to Vibe Credit Union Showplace
The Novi Pet Expo is running alongside the Novi Home Show at the Vibe Credit Union Showplace through Sunday.
'Wicker' review: Olivia Colman and Alexander Skarsgård weave a raunchy fairy tale
Yes, the basket-woven erection sounds are hilarious. But there's a lesson here, too.
Former NC State Sports Medicine Director faces Wake County Judge in sexual abuse case
Former NC State Sports Medicine Director Robert Murphy appeared in Wake County court Friday on 32 charges related to sexual abuse allegations involving former student-athletes.
2 Juneau non-profits recieve grant awards from Alaska Mental Health Trust Authority
The Kin Support Program Haa – Yaitxu Saiani and National Alliance on Mental Illness Juneau received trust funding
Top Dawg Entertainment Wins Appeal Against Doxxing Claims by Sexual Assault Accusers
Top Dawg Entertainment won an appeal dismissing doxxing claims brought by two women who accused the label's executives of ...
Contest-Winning Microscope Thrown Out for Using Generative AI
Ning Xu's winning entry to Nikon Instruments' Small World in Motion competition was ineligible due to AI, a spokesperson for the contest told Gizmodo.
Business News: Movado Selling Ebel To F.P. Journe And Chanel In Deal Heralding Comeback Of Once Mighty Swiss Brand
Consortium of buyers, including François-Paul Journe and French luxury group Chanel, buys 95% stake in Ebel for $66.5 million.
Nikon microscopic video competition winner disqualified for using generative AI
Nikon says it’s revisiting its competition rules after the original winner’s video was too good to be true.
A Republican attack ad misidentifies its Democratic target. Twice.
A GOP ad used a photo of Republican Myron Lizer instead of Democrat Jonathan Nez. Nez is challenging Rep. Eli Crane (R-Arizona).
Ohio Representative Landsman introduces legislation against sexual violence
On Friday, bipartisan legislation to improve how colleges and universities handle reports of sexual violence and ensure greater transparency and support was reintroduced in Congress.
How these census changes could threaten public health
The Trump administration wants to make three big changes to the U.S. Census, including eliminating questions about race, ethnicity, and sexual orientation and excluding anyone who is not a citizen or “lawful permanent resident."
Arizona political candidate says fear delayed report of alleged sexual assault
Bernadette Greene-Placentia says she’s sharing her story now in hopes that it could help others.
We watched 'VisionQuest's first episode at New York Comic Con. It's a trip.
NYCC attendees got an early look at "VisionQuest," including Ultron's return to the MCU.
Beauregard Health System completes emergency department expansion
Beauregard Health System has completed its first major emergency department upgrade in about 30 years, adding exam rooms and a CT scanner to meet rising patient demand.
Former NC State sports medicine director back in North Carolina to face sexual abuse charges
No More Missed Zygarde Cells! 5 Big Quality of Life Changes Are Coming to Pokémon GO
Scopely has announced a series of gameplay and quality-of-life updates that will be coming to Pokémon GO! They shared that they are intending to ‘make your adventures as fun, intuitive, and accessible as possible’, so let’s see what will be changing. Zygarde Cells discovered on a Route will now be received as a reward when […]
U.S. Lawmakers Launch Sexual Abuse Probe of Youth Sports Giant AAU
Bipartisan leadership of a powerful House committee demanded answers from the Amateur Athletic Union after a ProPublica and Washington Post investigation found that the massive youth sports organization has failed to protect kids from sexual abuse.
Sean Combs release delayed after posh prison lifestyle allegations
Sean Combs' release date from FCI Fort Dix was pushed back following allegations of a pampered prison lifestyle. His new release date is set for March 2, 2028, according to the Federal Bureau of Prisons inmate database.
Fundamental Brings Nexus to LA Galaxy and L.A. Live Through New Official Partnership with AEG
Fundamental's NEXUS model joins two of Southern California's most iconic sports and entertainment properties, bringing predictive technology to the business of sports and live entertainment LOS ANGELES, Oct. 8, 2026 -- Fundamental, an AI company whose Large Tabular Model (“LTM”), NEXUS is reimagining enterprise decision-making, and AEG, the world’s leading
Lehigh’s Sexual and Reproductive Health Power Lab hosts inaugural speaker on pronatalism
Lehigh’s Sexual and Reproductive Health Power Lab hosted speaker Laura Lindberg in a discussion on Pronatalism and Reproductive Autonomy.
Zankov Appoints Jack Tobin Chief Executive Officer and Business Partner, Paving the Way for Continued Global Expansion
Tobin continues to run his own luxury brand development and sales consulting agency, Jack Tobin Agency, which has worked with Zankov for the past two years developing the business.
Google Cloud introduces Gemini agent for work as AI race heats up
Alphabet's Google Cloud on Thursday introduced the Gemini agent, a single AI agent for work that can answer questions, handle tasks, create content and write code.
Knowing your family health history matters more than you may think
Your family health history can help doctors spot medical risks early and shape a more personalized path for your care.
Knowing your family health history matters more than you may think
Your family health history can help doctors spot medical risks early and shape a more personalized path for your care.
Knowing your family health history matters more than you may think
Your family health history can help doctors spot medical risks early and shape a more personalized path for your care.
Knowing your family health history matters more than you may think
Your family health history can help doctors spot medical risks early and shape a more personalized path for your care.
UMC, Texas Tech Health Sciences Center trade statements in OB-GYN doctor dispute
University Medical Center and the Texas Tech University Health Sciences Center are exchanging public statements about OB-GYN services following the recent departure of two doctors.
We need stronger sexual health education — the ‘Cornell 7’ case shows why
Allegations of sexual assault at Cornell University, and the public response to them, reveal persistent misunderstandings about consent, bystander responsibility and sexual violence.
Ciara Miller fights back tears when reacting to ‘DWTS’ elimination: ‘Just sad’
Ciara Miller couldn’t help but feel all the emotions when speaking out about her ‘Dancing With the Stars’ elimination for the first time.
Scientists in Vienna and Beijing create world's first nuclear clocks
Scientific teams working separately in Vienna and Beijing have developed the world's first two operating nuclear clocks in what they are calling an important advance in timekeeping that promises wide-ranging practical applications and offers a new tool to investigate fundamental physics.
VA awards $114K in grants for adaptive sports programs in Virginia
The Department of Veterans Affairs has awarded $114,455 in grants to two adaptive sports programs in Virginia, including one in Roanoke.
Steve Hilton sexual ad, attack on Becerra break vulgar new ground
The California Republican launched a soft porn-vibe TV takedown of Democratic rival "Bitch-Ass” Becerra. He's garnered attention but seems unlikely to win new votes.
“Glee” star Chris Colfer says he was ‘uncomfortable’ with the public wanting him to date Darren Criss
The actor also reflected on the strangeness of having fan fiction written about his real life: “It was really jarring and sometimes really sexual.”
Businesses react after Greenville approves permanent youth curfew
The curfew bans those under 18 from the designated areas from 11 p.m. to 6 a.m. Thursdays through Saturdays.
Lodging Dynamics names new SVP of business development
Hotel management company Lodging Dynamics has appointed Danny Dolce senior vice president of business development. | Danny Dolce will lead the expansion of Lodging Dynamics’ third-party management portfolio, focusing on luxury, premium-branded and full-service hotels in destination-driven markets.
VistaJet receives luxury and business awards
VistaJet was commended by a luxury magazine, while also receiving an award for brand image and service at a Chinese finance summit.
Sunny Hostin says Cynthia Erivo phoned her with concerns over ‘The View’ host’s remarks about Cornell case
Cynthia Erivo called Sunny Hostin with concerns over ‘The View’ cohost’s controversial remarks about the alleged Cornell sexual assault case: ‘Sis, I know you.’
The Harvard Crimson (@theharvardcrimson)
83 likes, 0 comments - theharvardcrimson on October 6, 2026: "Harvard’s Faculty of Arts and Sciences is launching 25 tenure-track faculty searches, FAS Dean Hopi E. Hoekstra announced in a Monday email to faculty, further loosening a University-wide hiring freeze instituted last spring as the school draws an influx of philanthropic support. The searches, which include positions across the FAS’ three divisions and the School of Engineering and Applied Sciences, come less than a week after Hoekstra announced the school would also be upping Ph.D. admissions for the upcoming admissions cycle — and as the University continues soliciting support from donors for its academic programming. Full story linked in bio. 🖋: Abigail S. Gerstein and Amann S. Mahajan 📷: Mae T. Weir".
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.
Bette Davis knew her ‘era’ was ‘over’ when she saw Michael Keaton as Batman
Legendary Hollywood star Bette Davis died just days after she saw a giant poster of Michael Keaton as Batman: ‘I’ve come here to pass the torch.’
Wilton business damaged by Monday afternoon fire
The cause of the fire and extent of damage are still unknown at this time.
Greg Hinz: Can the brave new world of AI be tamed?
Pritzker’s team says they’re pondering AI legislation when the General Assembly returns in November. But real solutions will require not state but federal, even international action.
Greg Hinz: Can the brave new world of AI be tamed?
Pritzker’s team says they’re pondering AI legislation when the General Assembly returns in November. But real solutions will require not state but federal, even international action.
SAFETY ALERT | School system closed Tuesday tied to skin-related health concern
The system said the closure comes out of an abundance of caution and allows the schools to be deep cleaned.
The push to close New York's rape loophole law
New developments continue to emerge in the investigation of a woman who has accused multiple fraternity brothers at Cornell University of sexual assault.
DEEP DIVE: How Politics Is, and Is Not, Addressing Domestic Violence and Sexual Assault
In a conversation with U.S Senate candidate Peggy Flanagan last week with members of our young Future Forward editorial board, we talked about how powerful it is for four Minnesota women to be running for the two highest offices in the state — including Governor. We also talked about
Teen Corner: Minnesota’s new K-12 health standards
For the first time, Minnesota has statewide K-12 health education standards, covering everything from mental health and nutrition to sexual health and substance use. In another Teen Corner, pediatrician Dr. Maddie Gagnon from Gillette Children’s and founder of Pulse Parenting joins us to break down what’s changing and what it could mean for kids and parents.
‘Please get vaccinated,’ state health secretary urges as new COVID-19 vaccines roll out
In the midst of a historic measles outbreak, state and local health officials crammed into the family-owned Hilltop Pharmacy in Allentown on Monday to...
Trinity Health improves to 1.1% operating margin in FY2026
Trinity Health grew its operating income from a narrow loss to a $281.1 million gain (1.1% operating margin) in the fiscal year ended June 30, 2026, a performance improvement the large nonprofit at | The 91-hospital system credited volume gains and greater rates for its 5.2% operating revenue growth and expense management, including a reduction in full-time equivalents and checked cost growth "well below the medical rate of inflation."
Why female sexual health is often overlooked in bladder cancer care
‘Interstellar,’ ‘Nope’ headline Great Lakes Science Center’s DOME Movies After Dark fall lineup
The series also includes "V for Vendetta." Films are presented in the science center's DOME theater, with a six-story-high screen and an 11,600-watt digital sound system.
Dennis Hastert, Powerful Politician Disgraced by Child Sexual Abuse, Dies
The longest-serving Republican speaker of the House admitted in 2016 to abusing teenage boys decades earlier. He was 84.
Lumos offers family entertainment at Valley Ranch Town Center in New Caney
Greg and Brigette Little opened Lumos, a 45,000-square-foot entertainment venue with laser tag, bowling and Embers Grill, at Valley Ranch Town Center.
Sexual misconduct allegations threaten to topple veteran LA Democrat
LA Democrat Jimmy Gomez is facing a strong socialist challenger.
Michigan's largest banks after the Fifth Third-Comerica deal
Consolidation continues to shift the list of the largest players in Michigan's banking industry.
Processed meat may be causing rise in bowel cancer
Food safety expert says chemicals in bacon and ham giving them their pink colour are ‘one of the main suspects’
To Make More Money, Rolls-Royce Is Aiming Higher on Price, Not Production
The luxury carmaker is expanding its factory in Britain to focus on rarefied custom cars. First up is a $3.5 million-plus electric roadster.
What the science of memory tells us about sexual assault cases
Amid accusations of rape at Cornell University, a growing body of research is challenging assumptions about how victims remember details of their assaults.
Trump launches ‘Super Intelligence Force’ after calls for AI slowdown
Leaders from the intelligence community, the Pentagon, the Federal Trade Commission and the Office of Personnel Management will serve on the task force.
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.
In Shanghai’s ‘Science City,’ China’s ascendant biotechs make their pitch to the world
For two years, American labs and board rooms have been riven with excitement and anxiety over the vertiginous rise of Chinese biotech.
Latter-day Saints women turn away from scandal-plagued Republican candidate in Arizona
Arizona Republican candidate for Congress Mark Lamb has been accused of sexual misconduct while sheriff. His controversy is turning many voters away as Democrats see an opportunity in the red seat.
Do animals experience schadenfreude?
Schadenfreude, or pleasure at seeing another's pain, is a complex emotion. So can animals besides humans experience it?
Latter-day Saints women turn away from scandal-plagued Republican candidate in Arizona
Arizona Republican candidate for Congress Mark Lamb has been accused of sexual misconduct while sheriff. His controversy is turning many voters away as Democrats see an opportunity in the red seat.
Rare police raid of Taipei gay bar sparks angry protest
Around 100 members of Taipei's LGBTQ+ community protested on Sunday after police raided a gay bar the day before and detained its customers, a highly unusual move given that Taiwan prides itself on its liberal image and legal support for sexual minorities.
As elections loom, voters must choose the right pilot to navigate political turbulence
The passengers aboard the flydubai flight did not have the luxury of leaving the cockpit unresolved. Israeli voters will have their own chance to take control and choose who sits in the cockpit.
Provocative, sexually suggestive ad by Hilton campaign condemned by political allies on the right
A provocative, sexually suggestive ad by GOP gubernatorial candidate Steve Hilton is drawing heat from his fellow Republicans while drawing millions of viewers online. Two young women sit on a
Provocative, sexually suggestive ad by Hilton campaign condemned by political allies on the right
GOP gubernatorial candidate Steve Hilton faces backlash from fellow Republicans and Democrats over a provocative ad.
Provocative, sexually suggestive ad by Hilton campaign condemned by political allies on the right
GOP gubernatorial candidate Steve Hilton faces backlash from fellow Republicans and Democrats over a provocative ad.
South Texas Health System (@stxhealthsystem)
1 likes, 1 comments - stxhealthsystem on October 3, 2026: "A Gathering of Compassion, Commitment & Community: The Texas Association of Healthcare Volunteers (TAHV), a statewide organization dedicated to supporting, training and connecting healthcare volunteers, recently held its District 3 Meeting at South Texas Health System Edinburg. Volunteers from across South Texas and the Coastal Bend gathered to learn, share ideas and strengthen the vital role they play in supporting patients, families and healthcare teams throughout their communities. The Auxiliary to STHS (@auxiliarytosths) is made up of more than 350 student and adult volunteers who help enhance the patient experience across the health system. To help make this year's event a success, auxiliary members from hospitals throughout the Rio Grande Valley came together to plan, coordinate and host the annual meeting. We extend our heartfelt thanks to everyone who attended and contributed to this inspiring event. Your dedication, compassion and service make a lasting impact in hospitals across the Rio Grande Valley and beyond.".
Victoria Beckham: From Celebrity Brand To Luxury Business
Victoria Beckham's Paris Fashion Week show caps a turnaround year: a first operating profit of £7.3m, powered by beauty, leather goods and two new CEOs.
ABS-CBN News
1Z Entertainment is holding its first music festival, One Zone Fest, bringing together the agency’s roster of artists for a two-day event on October 24-25, 2026. More details in the comments section.
Opinion | Opinion: What the Cornell Lawsuit Reveals About Sexual Violence in America
The columnist David French argues that “we have privileged getting wasted over taking care of people.”
Juan Luis Arsuaga, paleontologist: ‘Corruption is very Paleolithic, very chimpanzee-like’
The co-director of the Atapuerca archaeological site shares with EL PAÍS the key points of his new book, ‘The Answer,’ a luminous text that exudes admiration for our own species and love for nature
Drug Use, Nudity, and Sexual Fetishes All in GTA 6
Age rating descriptions share the details
GTA 6 Age Rating Confirms New Details on Sex, Drug Use, Decapitation, and More
GTA 6 has received a rating of PEGI 18, revealing mentions of "decapitation," the ability for players to snort cocaine at any time, "scenes of sexual fetishes," and much more.
How Optum, Owensboro Health teamed up to build a virtual nursing program
Kentucky-based Owensboro Health is teaming up with Optum Insight to pair bedside nurses with virtual nurses, freeing up frontline clinicians to dedicate more time to patient care. | Owensboro Health is teaming up with Optum Insight to pair bedside nurses with virtual nurses to free up frontline clinicians to dedicate more time to patient care.
Paris fashion defies a bruised luxury industry with J.Lo, golden glamour and skimpy outfits
Saint Laurent dazzles with a river of gold at Paris Fashion Week, featuring a glossy black runway and a shimmering Eiffel Tower in the background | KCBS All News 106.9FM and 740AM
Hochul to address Cornell University case after appointing Leticia James to investigate alleged gang-rape
Kathy Hochul said she no longer has faith in the local district attorney’s ability to handle the case, which has restarted a national conversation about sexual assault on college campuses
Lawmakers renew calls to strengthen New York's sexual assault laws
The gathering came just days after prosecutors said they were reopening an investigation into an alleged gang rape at a Cornell University fraternity.
Manny Yekutiel drops out of SF supervisor race after new allegations of sexual assault
Manny Yekutiel is dropping out of the District 8 supervisor race in San Francisco following new sexual assault claims.
Campaign-style Trump ads use money meant for border security, memorials
The White House Office of Management and Budget added $20 million to the pot for commemorative events a day before DHS awarded an advertising contract of the same amount.
Rutgers Experts Available to Discuss Implications of Proposed 2030 Census Changes for Research and Public Health
A proposed Census Bureau rule could change the demographic information collected through the 2030 Census — eliminating questions on race, ethnicity, and sexual orientation — with potential implications for population health research and the use of Census data. The Census Bureau has invited the public to comment on this proposal by October 13, 2026. Rutgers experts available to discuss the proposed changes include Cristine Delnevo, Director of the Rutgers Institute for Nicotine and
Can Donalds convince Black voters to leave the Democratic Party, like he did?
Byron Donalds, the Republican nominee for governor is hoping to capitalize on Black voters’ frustration with the Democratic Party.
Another Independence hotel sells, fetching $10.4 million
The hotel appears to have sold without a listing and is at least the third hotel in Independence to sell this year.
Video Essayist And YouTuber Jacob Geller Removed From MinnMax Following Sexual Assault Allegations
Jacob Geller has not commented on the allegations or his removal from the games podcasts.
The Cornell Case Raises An Overlooked Health Question
Sexual assault can affect physical and mental health for months or years. Here’s what survivors may face—and what good healthcare should provide.
Small business owner turns invasive Everglades pythons into luxury handbags
"It's not their fault that they are here, but they are, and they have to go."
At Paris Fashion Week, Chloé bets on stars, lingerie and lace in a tougher luxury market
Chloé's latest show at Paris Fashion Week features lingerie, lace and fishermen’s coats, drawing attention amid a challenging time for luxury brands | WWJ Newsradio 950
Australian businesses raise prices as card surcharge ban takes effect
SYDNEY, Oct 1 (Reuters) - Australian businesses said a ban on card surcharges that took effect on Thursday would force them to raise prices, casting doubt on government claims the change would lower living costs by eliminating more than $1 billion in annual card fees.
UN Decade of Healthy Ageing midpoint report finds progress, calls for greater investment
New evidence in the Secretary-General's report to the 81st UN General Assembly, prepared by the World Health Organization (WHO) in coordination with the UN system, finds more countries acting on healthy ageing than ever before – but longer lives will not become healthy, dignified ones without faster, more sustained investment at country level.(NEW YORK, 28 September 2026) The Secretary-General transmitted to the 81st session of the UN General Assembly the mid-term progress report on the UN Decade of Healthy Ageing (2021–2030), marking the midpoint of the ten-year global effort to improve the lives of older people. The report was prepared by the World Health Organization (WHO) in coordination with the UN Inter-Agency Group on Ageing and with inputs from thirteen UN entities, the World Bank Group and civil society partners. It finds real progress in countries – and persistent gaps that must close before 2030.The number of people aged 60 and over passed 1 billion in 2020 and is projected to reach 2.1 billion by 2050, with the fastest growth in low- and middle-income countries. Longer lives are not automatically healthy ones: globally, the gap between life expectancy and healthy life expectancy at age 60 widened between 2000 and 2023, and an estimated 71% of excess deaths from COVID-19 between 2020 and 2023 were among people aged 60 and over. “Longer lives are one of humanity’s great achievements, but we cannot congratulate ourselves while leaving millions without health and support,” said Dr Pascale Allotey, Director, Department of Sexual, Reproductive, Maternal, Child and Adolescent Health and Ageing, WHO. “The first half of the Decade has shown what is possible. The second half must be about scaling and financing the progress to meet the needs and rights of older persons.”Real progress, unevenly sharedThe report finds that more countries than ever now have legislation against age-based discrimination – up from 44.5% in 2018 to 57.7% today – and over half now have national long-term care policies, up from 49% in 2023 to 56.7%, dedicated programmes to build age-friendly environments (54.6%), and comprehensive health and social assessments of older people (54.6%). New WHO guidance on services for long-term care and for Integrated Care for Older People (ICOPE) delivered in communities is enabling systemic change as an increasing number of countries incorporate these services within national universal health care benefit packages. A host of UN agencies and other partners support training, increasing health workforce competencies and use of digital health tools.“This report shows the Decade of Healthy Ageing is working,” said Dr Ritu Sadana, Head of the WHO Secretariat for the UN Decade of Healthy Ageing. “More countries are legislating against ageism, providing integrated care, strengthening long-term care systems, and creating age-friendly environments than ever before, in all regions and income levels. But progress is uneven and in one area, regressive: fewer countries report active multi-stakeholder forums on ageing, down from 53.1% in 2020 to 43.3% today. The second half of this Decade must turn commitments into results, in every country.”The financing gap: this Decade's binding constraintFinancing remains the binding constraint: more than a third of reporting countries (33.8%) have very little or no dedicated resources to develop long-term care, with similar shortfalls across the Decade’s other priority areas. Less than half of countries (45.4%) have legislation providing access to assistive devices (including hearing aids, spectacles or rollators), which are key to enabling older people to maintain productive, independent and dignified lives. Only 22.7% of countries can track older people’s health over time – the largest gap across the Decade’s core progress indicators. Nationally representative information is needed in each country, as policies and interventions cannot be designed as if all older adults of a given age share similar needs and capacities. The report calls for sustained investment through national budgets, country-owned plans, development cooperation and innovative financing mechanisms to fully close these gaps by 2030.“The Decade was designed as a whole-of-UN effort, and this report shows it in action,” said Amal Abou Rafeh, Chief of the Programme on Ageing Section at the UN Department of Economic and Social Affairs (UN DESA), and Permanent Co-Chair of the UN Inter-Agency Group on Ageing. “Thirteen UN entities, the World Bank group and civil society organizations contributed to this report, with WHO as the lead technical and implementing agency. That is the model of coordination the second half of the Decade will need to scale, with countries leading legislation, funding and implementation, engaging older people.”“Investing in healthy ageing is not simply a cost; it is one of the highest-return investments a government can make,” said Fiona Stewart, Global Lead for Ageing and Pensions at the World Bank Group. “Countries that invest early in integrated and long-term care see savings that outweigh the upfront cost many times over. The evidence in this report makes the economic case; what is now needed is predictable financing at country level to act on it, along with efforts to support older entrepreneurs and the silver economy.”Older people's own voicesThe report also draws on the direct experience of older people themselves, including a multilingual global survey conducted by the International Federation on Ageing that reached more than 1000 older people across 58 countries. WHO and UN partners called on Member States to use the second half of the Decade to accelerate implementation, strengthen data systems, and secure the financing needed so that the gains of longer lives reach older people everywhere. About the UN Decade of Healthy Ageing (2021–2030)Proclaimed by the UN General Assembly in December 2020, the Decade is a global collaboration bringing together governments, UN agencies, civil society, the private sector, academia and older people themselves to improve the lives of older people, their families and communities. It is coordinated by the World Health Organization together with the UN Inter-Agency Group on Ageing. The Decade's mid-term progress report was transmitted to the General Assembly by the Secretary-General, prepared by WHO, and is available in 6 languages.Full Report available: A/81/366 Implementation of the United Nations Decade of Healthy Ageing (2021–2030): Note by Secretary-General [ العربية | 中文 | English | Français | Pусский | Español
DHS Science and Technology Directorate Reorganizes Research Capabilities
The Homeland Security Department revamps research, development, test and evaluation to improve alignment with mission needs.
Tiny image sparks big backlash in Nikon photo contest
Dr Ning Xu denies he broke the rules of Nikon's annual Small World In Motion contest.
Aston Martin’s DBX GT Bets Big On Luxury And Power
The luxurious and powerful Aston Martin DBX GT sprints to 60 mph in just 3.1 seconds