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Lawmakers push to extend daylight saving time as experts warn of health impacts
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Oct 7 • 4:14 PM EDT • Health • wjla.com
Report: Iowa economy seeing ‘positive change’ this year

The Iowa Business Council (IBC) has released its third quarter Economic Outlook Survey (EOS) for 2026. That survey is showing encouraging signs for Iowa businesses, according to IBC officials. The Iowa Business Council (IBC) is a nonpartisan, nonprofit organization whose 22 members are the chief decision makers of the state’s largest employers. Since its establishment […]

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Oct 7 • 2:24 PM EDT • Business • corridorbusiness.com
Some furloughed Star Wars Zero Company developers are returning to work, studio says

Bit Reactor, the Maryland based company, behind this summer’s well-received tactical combat game Star Wars Zero Company says that “more” of its team is returning to work after being furloughed ahead of the game’s release. This is the studio’s first statement on the matter since Game File’s August report that “most” of the development team had been furloughed—technically kept as employees, but without pay or benefits—a few weeks prior to launch. Some of those furloughs ended this week. “This week, we started the process of returning more of our team back to work at Bit Reactor, an important step forward in our continued support for Zero Company, “ Bit Reactor CEO Greg Foertsch said in a statement. He continued: “Having to ask team members to step away after we navigated unexpected business developments outside of our control and so close to launch was an incredibly difficult decision, but one that was necessary to help us eventually bring as many people back as possible. “This team means a tremendous amount to me, and I am incredibly proud of what we have accomplished together. Thank you to our fans for the incredible response to the game and for supporting us along this journey. We look forward to sharing more updates regarding Bit Reactor and Zero Company soon.” Game File reported in August that Bit Reactor had retained a small team to work on updates for Zero Company. One person familiar with the situation told Game File that the returns announced today bring the studio’s pay-rolled headcount to more than half of what it had been ahead of the furloughs. That means a considerable number of people have been brought back, but that a fair number also remain without pay. While companies in the U.S. are often legally required to publicly disclose how many people they’ve laid off, furloughs can often be kept private, for a time. The United States Department of Labor requires companies to publicly report mass furloughs if they meet specific criteria, including any expectation that they will last more than six months. For those game makers who remain furloughed by Bit Reactor, it’s now been about two months. For more about Bit Reactor, the furloughs, the studio’s back-story and the ongoing lawsuit that brought this to light, read my August report. [ ‘Most’ of Star Wars Zero Company studio Bit Reactor was furloughed ahead of launch ](https://www.gamefile.news/p/star-wars-zero-company-bit-reactor-furloughs-lawsuit) Stephen Totilo · Sep 1 Last week was meant to be a moment of triumph for Bit Reactor, the Maryland-based game studio founded in 2021 with ambitions to create a great new tactical combat game. [ Read full story ](https://www.gamefile.news/p/star-wars-zero-company-bit-reactor-furloughs-lawsuit)

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Oct 7 • 1:03 PM EDT • Technology • gamefile.news
Lawmakers withdraw request to delay skill game crackdown

Harrisburg, Pa. — Four state lawmakers, including Sen. Gene Yaw, have withdrawn their request asking the Pennsylvania Supreme Court to delay enforcement against skill game machines until February.

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Oct 7 • 12:30 PM EDT • Politics • cbs19news.com
Lawmakers withdraw request to delay skill game crackdown

Harrisburg, Pa. — Four state lawmakers, including Sen. Gene Yaw, have withdrawn their request asking the Pennsylvania Supreme Court to delay enforcement against skill game machines until February.

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Oct 7 • 12:30 PM EDT • Politics • kten.com
Deep dive
😐 Neutral (10%)
wow
39%
ahah
38%
love
23%
Senator Yaw leads push to stay skill games seizure into 2027

Harrisburg, Pa. — Skill game machines in bars, clubs, and shops across the state could stay safe from police seizure until February if four state lawmakers, primarily Sen. Gene Yaw,

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Oct 7 • 11:30 AM EDT • Politics • cbs19news.com
At Black business expo, officials urge owners to ‘speak up’

Black small business owners are facing economic conditions similar to those they dealt with as a result of COVID-19. And to help, state and federal lawmakers are calling on more Black business owne…

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Oct 7 • 10:48 AM EDT • Business • wwlp.com
Report: Iowa economy seeing ‘positive change’ this year

The Iowa Business Council (IBC) has released its third quarter Economic Outlook Survey (EOS) for 2026. That survey is showing encouraging signs for Iowa businesses, according to IBC officials. The Iowa Business Council (IBC) is a nonpartisan, nonprofit organization whose 22 members are the chief decision makers of the state’s largest employers. Since its establishment […]

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Oct 7 • 9:52 AM EDT • Business • quadcitiesbusiness.com
Ways and Means Promotes Tax Law to Small Businesses in Tennessee

At a Tennessee hearing, House Ways and Means lawmakers touted the One Big Beautiful Bill’s tax benefits for small businesses. Read what the measure means.

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Oct 7 • 9:48 AM EDT • Business • legis1.com
Mikel Arteta pens new Arsenal contract until 2030

Arsenal have announced that manager Mikel Arteta has signed a new deal with the club until 2030.Arteta first joined the Gunners midway through the 2019/20 season after having served as Pep Guardiola'...

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Oct 7 • 7:20 AM EDT • Sports • sports.yahoo.com
😐 Neutral (14%)
wow
100%
Dalton Knecht plays 22 minutes for Lakers at Golden State

Former Vol Dalton Knecht plays 22 minutes for the Lakers at Golden State.

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Oct 7 • 7:15 AM EDT • Sports • sports.yahoo.com
🙂 Positive (30%)
Pittsburgh Opens as Only Four-Point Favorites vs. UNC

Oddsmakers predict a narrow clash as the undefeated Pittsburgh Panthers host a struggling North Carolina Tar Heels squad.

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Oct 7 • 7:00 AM EDT • Sports • sports.yahoo.com
AI doom has a precision problem

Until there is more clarity on basic questions, neither developers nor policymakers can credibly establish a quantitative AI risk assessment.

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Oct 7 • 6:00 AM EDT • Science • thebulletin.org
Geoffrey Hinton suggests an FDA-style approval system for AI

Geoffrey Hinton said AI companies should have to convince a regulator their models are safe before releasing them, much like drugmakers.

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Oct 7 • 12:01 AM EDT • Business • businessinsider.com
Business groups to lawmakers: NJ is losing out to other states

The marathon hearing ended with questions about whether the Legislature would act on recommendations or allow longstanding problems to continue.

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Oct 6 • 10:47 PM EDT • Business • jerseyvindicator.org
51 of the best Amazon Prime Day deals under $50

There are dozens of deals you can grab right now without spending more than $50. They range from kitchen gadgets to smart speakers.

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Oct 6 • 8:27 PM EDT • Science • popsci.com
JJ Redick reflects on growth in third year as Lakers head coach
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Oct 6 • 7:18 PM EDT • Sports • sports.yahoo.com
DFL lawmakers voice concerns over healthcare mergers as new consolidations loom

A group of Minnesota lawmakers voiced concerns at the State Capitol on Tuesday that several recent healthcare company mergers could negatively impact Minnesota’s healthcare landscape.

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Oct 6 • 7:04 PM EDT • Health • kttc.com
Pixar exhibit brings movie magic to Frost Science

Buzz Lightyear may have doubts about humans and space travel, but when it comes to bringing Pixar characters to life, filmmakers take technology to infinity and beyond.

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Oct 6 • 6:27 PM EDT • Science • yahoo.com
Stand Up for Science to Rally Scientists & University Leaders in Support of Academic Freedom Tomorrow

Virtual rally features speakers from SUNY & SUFS; calls on university leadership to defend academic freedom.

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Oct 6 • 4:29 PM EDT • Science • einpresswire.com
Stand Up for Science to Rally Scientists & University Leaders in Support of Academic Freedom Tomorrow

Virtual rally features speakers from SUNY & SUFS; calls on university leadership to defend academic freedom.

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Oct 6 • 4:29 PM EDT • Science • einnews.com
Movers & Shakers

Here's a look at this week's Movers & Shakers.

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Oct 6 • 4:07 PM EDT • Business • siouxfalls.business
Three Things to Watch for in Warriors' Preseason Matchup vs. Lakers

Golden State plays its first home game of the preseason against a Lakers team that looked sharp in Sacramento.

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Oct 6 • 3:35 PM EDT • Sports • sports.yahoo.com
Eyewitness News 'Health Alert' for October 4, 2026
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Oct 6 • 2:30 PM EDT • Health • bakersfieldnow.com
Amazon bricks Alexa’s ability to control Echo speakers' AUX input

Amazon hasn't made an Echo with a 3.5mm port in six years.

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Oct 6 • 1:03 PM EDT • Technology • arstechnica.com
Is Mike McCarthy's snap-count analytics benching Steelers playmakers?

Former Pittsburgh Steelers players critique head coach Mike McCarthy for using strict snap-count analytics to bench top playmakers.

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Oct 6 • 12:55 PM EDT • Sports • sports.yahoo.com
Dani Carvajal set to remain in Madrid

Dani Carvajal is still a free agent and could soon make a surprise decision, according to the Spanish press. The right-back is expected to stay in the capital, although not at the club where he made ...

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Oct 6 • 8:10 AM EDT • Sports • sports.yahoo.com
Austin Simmons Headlines Missouri's Biggest Offensive Threats to Texas A&M

Austin Simmons leads a Missouri offense that has emerged as one of the SEC's biggest early surprises, but Texas A&M will have to account for three other playmakers as well.

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Oct 6 • 7:35 AM EDT • Sports • sports.yahoo.com
Germany under pressure

From carmakers and manufacturers to farmers and logistics firms, businesses are grappling with weak demand, climate risks, and global uncertainty.

dw.com logo
Oct 6 • 5:47 AM EDT • Business • dw.com
From ‘feel-good’ to urgent: NC lawmakers move to act on gas taxes

If the legislature suspends the state gas tax, it would save North Carolinians 41 cents per gallon.

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Oct 6 • 5:00 AM EDT • Politics • newsobserver.com
Lakers vs. Warriors Preview: Building off a strong start

After an impressive opener to the preseason, the Lakers are right back at it against the Warriors on Tuesday.

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Oct 6 • 1:16 AM EDT • Sports • sports.yahoo.com
Trump reverses course on publicly funded TV political ads

President Donald Trump announced Monday night that taxpayers will no longer pick up the tab for political TV advertisements promoting himself and administration policies. Facing a public backlash from lawmakers of both parties, Trump said in a post on his Truth Social site that he would in part use money raised by a super PAC, […]

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Oct 5 • 9:44 PM EDT • Politics • rollcall.com
Four Lakers players will miss Monday's preseason opener

The Lakers will be without four players when they open their 2026-27 preseason schedule on Monday.

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Oct 5 • 9:26 PM EDT • Sports • sports.yahoo.com
2026 UHC Day campaign launch

The 2026 UHC Day campaign launch will give advocates, including civil society and young people, tools and messaging to advocate for universal health coverage and hold decision-makers to account for their global commitments.

who.int logo
Oct 5 • 8:00 PM EDT • Health • who.int
Lawmakers hear from women’s health experts on hormone health and menopause
yahoo.com logo
Oct 5 • 7:08 PM EDT • Health • yahoo.com
Doctors, Insurers Sue Newsom over Health Insurance Premium Increases

In June, lawmakers passed a healthcare tax that could increase premiums in order to combat federal Medicaid cuts.

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Oct 5 • 3:27 PM EDT • Health • sanjoseinside.com
Lakers at Kings: What to Watch

Two available starting spots, Walker Kessler’s debut and the Lakers’ bench production headline Monday’s preseason opener in Sacramento.

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Oct 5 • 3:00 PM EDT • Sports • sports.yahoo.com
Planet Fitness acquires Bakersfield’s Body Xchange Health Club locations

Body Xchange Health Clubs announced that they have been acquired by Planet Fitness.The announcement was posted on their social media pages.The company said that

bakersfieldnow.com logo
Oct 5 • 1:40 PM EDT • Health • bakersfieldnow.com
Pennsylvania lawmakers, advocates to introduce universal health care legislation

Pa. lawmakers, advocates to introduce universal health care legislation

wgal.com logo
Oct 5 • 10:29 AM EDT • Health • wgal.com
Michael Duff set to be given the Bradford job

Bradford City are expected to name Michael Duff as the new manager according to reports.The Bantams have been looking for a new boss after Graham Alexander left the club to join Championship side Pre...

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Oct 5 • 10:25 AM EDT • Sports • sports.yahoo.com
Syracuse Football: How Do Oddsmakers Feel About Matchup with Virginia?

The Orange are back in action this weekend against the Cavaliers following a 42-41 win over UConn.

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Oct 5 • 9:33 AM EDT • Sports • sports.yahoo.com
Conference to Explore Alternatives to Coercive Mental Health Care

The 18th annual Critical Voices Network Ireland (CVNI) conference will take place at University College Cork November 12 and 13, bringing together speakers and participants to explore critical and alternative responses to human distress.

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Oct 5 • 9:00 AM EDT • Health • madinamerica.com
NBA executive: 'There's definitely interest' in Bronny James

If the Lakers are willing to listen to offers, they could get back some value in a trade for Bronny James.

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Oct 5 • 8:02 AM EDT • Sports • sports.yahoo.com
Building something with your hands — and a career

MakerSpace NYC is one of at least 2,000 community workshops across the country.

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Oct 5 • 8:00 AM EDT • Business • marketplace.org
Will Democrats’ midterm wave reach California’s Central Valley? Bernie Sanders rallies the vote

Bernie Sanders rallied hundreds in sweltering Bakersfield heat for Randy Villegas, a progressive long shot in one of the nation's most contested House races.

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Oct 5 • 8:00 AM EDT • Politics • calmatters.org
5 takeaways from Iowa lawmakers passing historic $1.4B tax breaks

Five key takeaways from the Iowa Legislature passing historic tax incentives for a $15 billion proposed steel mill.

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Oct 5 • 6:35 AM EDT • Politics • desmoinesregister.com
Renée Slegers has full backing from Arsenal despite slow start

Arsenal are not looking to dismiss manager Renée Slegers despite a slow start to the 2026/27 season.The Gunners have won just one of their opening five matches in the WSL which sees them ninth in the...

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Oct 5 • 6:25 AM EDT • Sports • sports.yahoo.com
​Lawrence Tech launches program to ease automakers’ reliance on rare earth materials

Lawrence Tech's Centrepolis Accelerator and USCAR are partnering to find critical material innovations to make the U.S. auto industry more competitive.

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Oct 5 • 5:45 AM EDT • Business • crainsdetroit.com
Business owners and lawmakers disagree over Washington's 'millionaires tax'
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Oct 4 • 9:46 PM EDT • Business • yahoo.com
Korean Directors Rally Behind 'The Assassin(s)' in Political Firestorm

Korea's Directors Guild defends the makers of Hur Jin-ho's 'The Assassin(s),' as a history row turns personal.

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Oct 4 • 9:13 PM EDT • Politics • variety.com
Buccaneers vs. Cowboys odds: Opening lines for Week 5 matchup

The Tampa Bay Buccaneers hit the road on a short week as they travel to Dallas to take on the Cowboys Thursday night. Tampa Bay remains winless on the season while Dallas is coming off a big road victory. So what are the oddsmakers thinking of the Week 5 matchup between the Bucs and Cowboys? […]

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Oct 4 • 8:15 PM EDT • Sports • sports.yahoo.com
Newsmakers: Southern NH Health names More VP of philanthropy

Southern New Hampshire Health named Cristine More vice president of philanthropy, among new appointments and leadership changes across New Hampshire organizatio...

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Oct 4 • 7:00 PM EDT • Health • unionleader.com
Newsmakers: Southern NH Health names More VP of philanthropy

Southern New Hampshire Health named Cristine More vice president of philanthropy, among new appointments and leadership changes across New Hampshire organizatio...

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Oct 4 • 7:00 PM EDT • Business • unionleader.com
Greece hold Klopp’s Germany to goalless draw

Germany were held to a frustrating 0-0 draw by Greece in Thessaloniki, leaving Jurgen Klopp with just one win from his opening four matches as national team coach.Greece made the brighter start, with ...

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Oct 4 • 6:35 PM EDT • Sports • sports.yahoo.com
😐 Neutral (0%)
Portugal reach quarters with comeback win over Norway

Portugal maintained their perfect start to the Nations League with a 2-1 comeback victory over Norway at the Estádio do Dragão.Jorge Jesus’ side fell behind despite controlling much of the early p...

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Oct 4 • 6:30 PM EDT • Sports • sports.yahoo.com
Will Washington’s ‘millionaire tax’ drive people away? Business owners and lawmakers disagree

Supporters say the tax is needed to help fund education, tax credits for businesses and families, and other public programs. Opponents argue it could drive entrepreneurs, investors, and employers out of Washington.

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Oct 4 • 2:58 PM EDT • Business • kiro7.com
U.S. treasury secretary to speak at Pennsylvania Chamber of Business and Industry dinner

U.S. Secretary of the Treasury Scott Bessent will be one of the guest speakers during the Pennsylvania Chamber of Business and Industry's annual dinner Monday.

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Oct 4 • 2:53 PM EDT • Business • local21news.com
Bronny James Speaks on Reuniting With Ziaire Williams on Lakers

James says it is great to have his old high school teammate back in the building, and he thinks Los Angeles is the right stage for him.

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Oct 4 • 1:45 PM EDT • Sports • sports.yahoo.com
Bosnia votes as pro-Russian politician looms large and ethnic tensions simmer

Around 3.4 million voters are choosing the three members of the country's multi-ethnic presidency, lawmakers for the national Parliament and heads of institutions for the country's two entities.

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Oct 4 • 12:42 PM EDT • Politics • pbs.org
🙂 Positive (35%)
Penn State Opens as Underdog Against USC

Penn State has opened as an underdog for the first time in the 2026 season. Following back-to-back loses to begin Big Ten play, the Nittany Lions will be a 1.5-point home underdog when they face USC on Saturday. Despite the game being the annual White Out, the oddsmakers are still not confident in Penn State’s […]

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Oct 4 • 11:42 AM EDT • Sports • sports.yahoo.com
☹️ Negative (-20%)
love
100%
NC lawmakers call for special session of General Assembly to tackle high gas prices

Republican leaders in NC House and Senate announced Saturday that they plan to convene a special session to focus on gas prices.

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Oct 4 • 10:15 AM EDT • Politics • abc11.com
😐 Neutral (14%)
Samsung Galaxy S27 Ultra: (Slightly) faster charging and potentially fewer camera artifacts

While industry insiders are currently focused on the starting mass production of some Galaxy S27 series components like the Exynos 2700, leakers are sharing more details about battery and camera improvements that could matter to end users.

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Oct 4 • 9:28 AM EDT • Technology • notebookcheck.net
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.

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Oct 4 • 8:59 AM EDT • Health • fintechbusinessweekly.substack.com
Retired Navy SEAL to first responders at Chesterfield mental health event: 'Trauma is trauma'

Operation Yellow Tape hosted a mental health conference for first responders in Chesterfield, bringing together speakers to break the stigma of seeking help.

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Oct 4 • 7:19 AM EDT • Health • wtvr.com
Colorado’s mobster democracy

The issues on your ballot aren’t just questions about trains, taxes and spending. They are exhibits in a larger case: dishonesty, intimidation and political bullying have become standard operating procedure at the Colorado Capitol. The message from lawmakers is increasingly simple: Vote however you like — we’ll make sure it turns out the way we […]

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Oct 4 • 7:00 AM EDT • Politics • coloradopolitics.com
Pols & Politics: White House launches website on the ‘real cost of Socialism’

The White House has launched a new webpage warning U.S. families of the “real cost of Socialism,” while state lawmakers prepare to take up proposed federal changes to the 2030 census this month.

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Oct 4 • 4:43 AM EDT • Politics • bostonherald.com
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Luka Doncic praises Adou Thiero's 'insane' improvement

Lakers second-year forward Adou Thiero could be poised to make a sizable jump this season.

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Oct 4 • 1:08 AM EDT • Sports • sports.yahoo.com
NC GOP leaders to call special session on fuel prices

The Senate and House Republican leaders have not set a date for lawmakers to return to Raleigh.

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Oct 3 • 7:26 PM EDT • Politics • spectrumlocalnews.com
LeBron James makes Philadelphia debut in 76ers scrimmage

PHILADELPHIA, PA - For the first time in eight years, LeBron James wore something other than a Lakers jersey on a NBA court.

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Oct 3 • 4:07 PM EDT • Sports • sports.yahoo.com
Should the Kings Take a Flyer on Knecht if Waived?

Sacramento could take a flyer on Dalton Knecht to bolster their outside shooting, if he's waived by the Los Angeles Lakers.

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Oct 3 • 3:48 PM EDT • Sports • sports.yahoo.com
JJ Redick Defends Dalton Knecht Amid Rumored Lakers’ Roster Cu

JJ Redick praises Dalton Knecht.

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Oct 3 • 1:20 PM EDT • Sports • sports.yahoo.com
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School IB business management class: European carmakers warn EU-UK tariffs could be ‘catastrophic’

Growth and evolution

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Oct 3 • 11:46 AM EDT • Business • ft.com
Doctors, insurers sue Newsom over health insurance premium increases

In June, lawmakers passed a healthcare tax that could increase premiums in order to combat federal Medicaid cuts. A new lawsuit says that tax violates Proposition 35, passed by voters in 2024.

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Oct 3 • 10:31 AM EDT • Health • ijpr.org
5 Illinois Players to Watch vs. Purdue Boilermakers

Here are five Illinois players to watch for Saturday's 4:15 p.m. home game against the Purdue Boilermakers.

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Oct 3 • 10:00 AM EDT • Sports • sports.yahoo.com
‘No brainer’: Growing trend of Chinese tourists booking business-class flights

Chinese holidaymakers are increasingly upgrading to ‘premium travel’ to make their well-earned leisure time more pleasurable, say insiders.

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Oct 3 • 9:00 AM EDT • Business • scmp.com
Global tech policymakers agree to embrace AI in science

A joint statement issued by the United States and 15 other countries touts the technology’s potential for accelerating scientific progress.

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Oct 3 • 9:00 AM EDT • Science • nbcnews.com
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New interactive tool tracks private equity investments in health care across U.S.

A new interactive tool launched on Tuesday, Sept. 8, offers policymakers, researchers, journalists and the public a state-by-state look at private equity investments in U.S. health care.

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Oct 3 • 8:40 AM EDT • Health • phys.org
NICK STROBEL: Saturn and its rings on display

Tonight Saturn is at opposition, appearing opposite the sun in our sky. This happens as we pass by Saturn in our faster, inner orbit. This also marks the time when

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Oct 3 • 3:00 AM EDT • Entertainment • bakersfield.com
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Powerhouse Plays

SIOUX FALLS, S.D. (KELO) — The KELOLAND SportsZone returned on Friday night, which also marks the return of Powerhouse Plays. Powerhouse Plays features the top plays and playmakers from each KELOLAND SportsZone. View this week’s Powerhouse Plays in the video player above. Games featured on Power Plays:

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Oct 2 • 11:35 PM EDT • Sports • sports.yahoo.com
Dalton Knecht Emerges as Likely Lakers Roster Casualty

The Los Angeles Lakers may be gearing up to cut former first-round pick Dalton Knecht, according to a new report, as they shape the roster. The post Dalton Knecht Emerges as Likely Lakers Roster Casualty appeared first on LA Sports Report.

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Oct 2 • 10:28 PM EDT • Sports • sports.yahoo.com
Lawmakers probe allegations that NC health officials used false information to secure Medicaid funds

GOP lawmakers in NC say they are looking into allegations that state health officials used false information to secure federal funding for a Medicaid technology overhaul. The claims were made in a lawsuit that has since been dismissed. The state auditor has revived an audit into the project.

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Oct 2 • 7:46 PM EDT • Health • wral.com
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Earth Science Week at Museum Features Fossils, Minerals, Maps, and More

Credit: CourtesyCredit: CourtesyCredit: CourtesyCredit: Courtesy SANTA BARBARA, CA—The Santa Barbara Museum of Natural History is celebrating National

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Oct 2 • 5:54 PM EDT • Science • independent.com
As Trump's proposed arch looms over D.C., protesters pin their hopes on the midterms

Democratic lawmakers, veterans and concerned citizens gathered in Memorial Circle to protest the arch Trump wants to build there. Their hopes lie primarily in a lawsuit and next month's midterms.

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Oct 2 • 5:44 PM EDT • Politics • npr.org
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Fiery crowd caps Mississippi redistricting hearings. Opponents urge: ‘Leave our maps alone’

Tempers flared Thursday at a packed redistricting hearing at the Mississippi Capitol, where a large majority of speakers criticized what they said was a power grab aimed at diminishing Black political power and further entrenching Republican dominance over state politics.

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Oct 2 • 4:28 PM EDT • Politics • wral.com
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Doctors, insurers sue Newsom over health insurance premium increases

California lawmakers passed a healthcare tax in June that could increase premiums by $100 annually, but groups representing doctors and insurers say it violates the law.

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Oct 2 • 4:15 PM EDT • Health • calmatters.org
Bakersfield police seeking help ID’ing man who burglarized Planz Road business through roof

BAKERSFIELD, Calif. (KGET) — The Bakersfield Police Department is investigating a burglary that took place in early September. The police department is seeking help identifying the suspect in…

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Oct 2 • 3:50 PM EDT • Business • kget.com
Part of Capitol complex in downtown Sacramento evacuated due to threat

California lawmakers are not currently in session, but construction crews and legislative employees were at the site.

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Oct 2 • 3:49 PM EDT • Politics • sacbee.com
'Chronovisor' review: A researcher makes a wild discovery

Filmmakers Jack Auen and Kevin Walker, better known as the duo Cosmic Salon, mount an engagingly brainy nighttime adventure into lost technology.

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Oct 2 • 1:51 PM EDT • Science • latimes.com
Who is Randy Villegas, the political newcomer trying to oust David Valadao from Congress and flip District 22 blue?

BAKERSFIELD, Calif. (KGET) – Although he’s relatively new to the political scene, Randy Villegas has been making waves in the legislative stage. Villegas, a self-described populist, is …

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Oct 2 • 1:00 PM EDT • Politics • kget.com
Who is Randy Villegas, the political newcomer trying to oust David Valadao from Congress and flip District 22 blue?
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Oct 2 • 1:00 PM EDT • Politics • yahoo.com
Grand Old Populists: GOP lawmakers target big business

It’s a major risk for big financial services firms, health insurance companies and tech titans, which are the subjects of the hottest rhetoric.

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Oct 2 • 4:45 AM EDT • Business • politico.com
Opinion: As AI political deepfake advertisements go viral, state lawmakers struggle to keep up

Opinion from Stefani Langehennig: Imagine watching a political campaign video in which a candidate admits to taking a bribe. You recognize the face and voice. But the confession is entirely fabricated, thanks to artificial intelligence.Now imagine that your state has passed a law against these AI-generated election deepfakes. Would that mean the video has to be removed from the airwaves?

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Oct 2 • 4:33 AM EDT • Politics • kansasreflector.com
Minnesota health officials says hospital mergers often lead to higher patient costs

Lawmakers and state regulators are considering how health system mergers could cost Minnesotans.

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Oct 1 • 7:57 PM EDT • Health • fox9.com
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.

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Oct 1 • 6:33 PM EDT • Politics • ny1.com
Health Brief: Drugmakers unscathed by Trump’s drug price plan

Plus: Governors warn of a Medicaid work requirements crunch

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Oct 1 • 5:37 PM EDT • Health • washingtonpost.com
'I'll stand in front of the bulldozers': Veterans protest Trump's arch

Since President Donald Trump first began talking about building a Triumphal Arch in Memorial Circle, it’s been met with criticism from the public, lawmakers and even veterans

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Oct 1 • 5:10 PM EDT • Politics • spectrumlocalnews.com
'I'll stand in front of the bulldozers': Veterans protest Trump's arch

Since President Donald Trump first began talking about building a Triumphal Arch in Memorial Circle, it’s been met with criticism from the public, lawmakers and even veterans

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Oct 1 • 5:10 PM EDT • Politics • spectrumlocalnews.com
After murders of Zoe Welsh, Iryna Zarutska, NC lawmakers face questions over mental health funding
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Oct 1 • 2:56 PM EDT • Health • wral.com
Nico Paz: The likely heir to Messi’s no. 10

Nico Paz is emerging as the favourite to inherit the legendary no. 10 shirt from Lionel Messi. The 22-year-old underlined his credentials as a contender for the 'throne', in Argentina's thrashing of B...

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Oct 1 • 10:35 AM EDT • Sports • sports.yahoo.com
Alexandre Pato-backed consortium completes Northampton Town takeover

Northampton Town have officially entered a new era after Sports Alpha Capital (SAC) completed its takeover of the League Two club.The investment group has acquired a 70% shareholding in Northampton To...

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Oct 1 • 10:25 AM EDT • Sports • sports.yahoo.com