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Beauty Brands Are Coming for Sports—and They Want More Than Exposure
Beauty presents a distinct opportunity because brands within the category are decidedly investing to reach female fans. The industry also has an $11.4 billion global advertising budget and has historically spent little with rights owners and holders. Rights owners and holders must offer beauty brands more than visibility. However, properties that can successfully pair access to the demo with engaging on-site activations and measurable gains in awareness, purchase intent, and/or sales should be p
After devastating fire, what's next for downtown Walhalla?
A fire destroyed six businesses in downtown Walhalla, leaving owners and residents seeking a path forward.
Business Buzz: Platinum Fitness Performance & Wellness Center
Business: Platinum Fitness Performance & Wellness Center Address: 8 Pecks Lane Owner: Randy Lockwood What is your business background? “I’ve had [a place] in Milford … and then D...
Las Vegas business owner pleaded guilty to orchestrating fake robbery at repair shop
A Las Vegas cell phone repair shop owner pleaded guilty to mail fraud after staging a fake armed robbery to collect over $88,000 from insurance.
Business owners harassed as teens participate in online trend; mayor, police issue warning
South Florida business owner says hotel won’t pay clean up bill - WSVN 7News | Miami News, Weather, Sports
A South Florida man has worked hard to grow his small business. Starting with a single truck, he’s now up to nine. But when heRead More
Downtown Cape Girardeau business owners credit increased police presence for a safer weekend
Downtown business owners say this past weekend was noticeably calmer after Cape Girardeau police increased their presence with more walking officers, police vehicles and patrolmen on the ground.
Solana Beach market owners say ICE's immigration enforcement is hurting business
A family-owned market in Solana Beach says declining customer traffic over the past year is putting pressure on the business, with its owners attributing the drop in sales in part to fear surrounding ICE's increased immigration enforcement in the region.
Solana Beach market owners say immigration enforcement is hurting business
A family-owned business in Solana Beach says immigration enforcement operations in the area are hurting sales. Now, the owners fear the market's future may be at risk. NBC 7's Ignacio Dominguez shows us how the North County neighborhood is changing.
The Sticky Business of Loving Cinéma L’Amour: Inside Montreal’s Historic Porn Theater
You won’t find a sexier testament to word-of-mouth marketing than this Canadian institution, where free online porn and Trump’s tariffs are among many challenges facing its warmly exhausted owner toda...
Cincinnati nuisance business rules for late-night bars face fierce opposition
A proposed crackdown on Cincinnati’s so-called nuisance businesses has put City Hall at odds with some late-night bar and nightclub owners.
Byram business owner relocates man experiencing homelessness brought into city
A Byram entrepreneur recorded himself assisting a man experiencing homelessness by offering him a ride and relocating him outside the city.
McAllen’s Soft-Landing Program Generates Business Interest in Tampico, Mexico
The City of McAllen is expanding its economic diplomacy efforts following a successful business engagement in Tampico, Tamaulipas, Mexico, where approximately 25 prospective business owners expressed interest in expanding into the United States through McAllen’s Soft-Landing Program.
Why I Don’t Think Ride Or Die Should Have Been Cancelled (And What Company Should Save It...)
(Welcome to my weekly streaming ratings report, the single best guide to what’s popular in streaming TV and what isn’t. I’m the Entertainment Strategy Guy, a former streaming executive who now analyzes business strategy in the entertainment industry. If you were forwarded this email, please subscribe to get these insights each week.) So…I recently came across a Reddit thread, talking about films on streaming, wondering why there are no reliable sources out there for streaming ratings data. Sigh. Honestly, as annoyed as I am that so many still don’t realize that we have streaming ratings, I somewhat get it. Until now, there was such a long delay between when a show or film came to streaming and when we got its viewership data; I understand why people were confused. (But, as you know, this just changed.) Also, even back in the day, how many people knew how well films did on television? Luckily, as a reader, you’re in the know. Okay, on to this week’s issue. I want to take a look at Prime Video cancelling Ride or Die and whether I agree with that decision. Overall, we didn’t have any breakout hits (no TV shows landed over 20 million hours according to Nielsen) but we have a lot of steady performers on the streaming charts. Plus, we’ll look at where $50 million in missing box office dollars went. (Spoiler: straight-to-streaming.) All that, plus new episodes of The Secret Lives of Mormon Wives, Supergirl heads to streaming, a new YA show does well on Netflix, the viewership for the Daily Wire’s $50 million fantasy show, what TV show hit-maker can’t make streaming hits, CD sales, all the flops, bombs and misses, and a whole lot more. Let’s dive right in! (Reminder: The streaming ratings report focuses on the U.S. market and compiles data from Nielsen’s weekly top ten viewership ranks, Luminate’s Top Ten Data, JustWatch and Reelgood interest data, Samba TV household viewership, company datecdotes, Netflix hours viewed data, Google Trends, and IMDb to determine the most popular content. While most data points are current, Nielsen’s data covers the weeks of September 7th to September 13th, 2026. You can find a link to my terminology here.) Subscribe Television - Ride or Die Is a Hit…But It Got Cancelled? What The Data “Says” I hate the phrase “here’s what the data says”, even though sometimes I find myself using it. If data just told us everything, we data folks would be out of a job! Data is often messy, complicated and nuanced. When it comes to strategy, many of the best decisions can’t actually use “data”, since it’s vastly too complicated to model. Anyways, I’ve been singing the praises of Prime Video’s Ride Or Die this summer, a show that did very well for them. And yet…it got cancelled. Now, usually when a show gets cancelled, a bunch of websites say “a hit show got cancelled”... Here’s the thing, though: in this case, they’re right! The data “says” that this show was a hit. Specifically, out of 522 first seasons to make a week on the Nielsen charts since 2020, it’s the 75th biggest. On Amazon, Ride or Die is eighth out of 41 first seasons: That’s top 15th percentile all time, almost exactly, which is my definition of a “hit”! I mean, outside of Reacher, Amazon needed a hit this summer! (Admittedly, Off Campus did well for Amazon in the spring, but Ride or Die performed even better.) So what happened? Why did Amazon cancel one of their rare 2026 bright spots? Well, Deadline reported a reason—which I’ll get to—but I’d break it down into three relevant questions: What is a given streamer’s reasoning? Is that reasoning sound? Could the stated reason not be the real reason? According to Deadline, Amazon felt the show “over-indexed” in middle-aged women. (This was based on leaks from within Amazon.) The logic is this: Amazon already reaches this demographic because of unlimited two-day shipping bundled with Prime, so they don’t really need more shows like this. Now, it’s my job to ask if that’s a good reason, and I’ll be honest, in this case, I don’t think it is. Sure, this show may “over-index” in middle-aged women—I’ll just assume that’s the case here—but I think folks often oversell how important over-indexing actually is. When a show is a “hit”, it isn’t a bit bigger than its rivals; it’s usually multiples bigger. For example, Elle only made the charts for two weeks at 8.3 million hours each. So Ride or Die was 80% bigger in its first two weeks, and likely had a much stronger hold, with its terrific 13 million hours in week three. Ride or Die was nearly three times bigger than Sterling Point through three weeks too. And that means that _Elle, Sterling Point a_nd other Amazon YA shows need to not just over-index a little with younger women (assuming that’s who Amazon prefers over middle-aged women), but massively over-index. Otherwise, more people in that demo (and a bunch more besides) likely watched Ride or Die. (I’ll try to explore this concept more in a future article.) And don’t get me started on how Ride or Die did compared to a certain (very, very popular, possibly the world’s most popular) YouTuber’s reality show…which didn’t make the charts after its first week and likely cost much, much more than Ride or Die. All to say, Amazon-MGM Studios/Prime Video can tell reporters that this show didn’t reach the right audience, but that excuse feels weak to me. So this leads to the third question: could other reasons have come into play? Yes! Renewal or cancellation decisions rarely (I’m tempted to say “never”) boil down to one variable. At its simplest, it’s two things: budget versus viewership. But often factors like critical acclaim, ownership and, yes, personal opinion come into play. In this case, Amazon has a new executive running things, and this show isn’t owned by Amazon-MGM Studios (unlike Elle). And yes, it may not have indexed with the right target viewers, too. Likely all of those factors came into play.1 My guess is ownership ended up mattering most. Amazon doesn’t own Ride or Die. It’s actually produced by another major studio. Fortunately/allegedly, this show is being shopped around. I can think of one brand new CEO who should consider it for one of his two major streamers…especially if he wants to rebuild goodwill in Hollywood. His name is on this list of exec producers of Ride or Die… If David Ellison needs some goodwill—and he does—rescue this female-led show tomorrow and grab some good headlines for a day. The data justifies it. Quick Notes on TV We’re just getting started with this issue, but the rest is for paid subscribers of the Entertainment Strategy Guy, so if you’d like to find out… How The Secret Lives of Mormon Wives latest season did on Hulu, post-controversy... Whether Supergirl soared on HBO Max... Why the box office is losing money due to the streamers... The viewership for the Daily Wire’s $50 million fantasy show... Updates on The Gentlemen, Lanterns, Outer Banks, King of the Hill and more... What former hit-maker has three streaming flops in a row... Whether The Mandalorian and Grogu popped in week two... All the flops, bombs and misses... And a whole lot more... ...please subscribe! We can only keep doing this great work with your support. If you want an idea of just how much content you’d get in a full issue, check out this older issue. Coming Soon! Oh man, we’re almost caught up! We just have two more issues, then the streaming Ratings Report will be coming out just two weeks after a TV show premieres! Next issue, I’ll be looking at the first two weeks of the NFL Thursday night games on streaming, a huge new spinoff, Reacher’s Neagly on Prime Video, and the latest edition of Monster: The Lizzie Borden Story on Netflix, the return of Slow Horses on Apple and MobLand (quietly one of their biggest shows) on Paramount+, and Dancing with the Stars on both ABC and Disney+. Plus I’ll take a look at animation for adults in 2026. The week after, a ton of movies are coming to streaming: Toy Story 5 on Disney+, Backrooms on HBO Max, Jackass: Best and Last on Paramount+ and The Breadwinner on Netflix, plus a Unabomber film on Netflix and a romcom on Prime Video. Woody Harrelson and Matthew McConaughey have a show on Apple, along with a game show inspired by Willy Wonka that everyone seems to hate. Long term, some crazy (but hopefully crazy like a fox) IP news. FX ordered a new Sons of Anarchy show from Charlie Hunnam, but it’s not about the biker gang. No, it features the show’s cast playing themselves in a new “meta-thriller”. Huh. And a lot of the cast is coming back. Next, Ryan Gosling is producing a Flintstones movie about a “grown-up Bamm-Bamm Rubble”. Also, huh. This one is in “early development” so we’ll see what happens. Both projects are based on IP, but also seem to have crazy takes on the IP, which I like.
SUV crashes through front door of Winchester business
Melanie's Premium Outlet in Winchester is temporarily closed. The owners of the business say an SUV crashed into its front door Monday morning.
Bladen Community College to host “So You Want to Start a Small Business” class and preview Pitch It Bladen 2027
The Small Business Center at Bladen Community College invites aspiring entrepreneurs to attend “So You Want to Start a Small Business” on Tuesday, Oct. 13, 2026, from 6:00 p.m. to 8:00 p.m. in Building 14, Room 104. This class will help participants explore what it takes to become an entrepreneur and take the first steps toward turning a business idea into reality.Participants will explore the entrepreneurial mindset and consider whether they have the interests, characteristics, motivation and willingness to take on the challenges of business ownership. The class will encourage attendees to examine their personal goals, expectations, strengths and readiness to pursue entrepreneurship.Attendees will also gain insight into the realities of starting and operating a small business, including the commitment, planning, decision-making and perseverance required to build a successful venture. Whether participants are just beginning to consider business ownership or already have an idea they want to pursue, this class will provide a foundation for determining their next steps.In addition to the class instruction, attendees will receive advance information about the upcoming Pitch It Bladen 2027 Business Competition, including the application form and details about the program. Individuals who are ready to move forward may submit their applications early and have the opportunity to receive advance acceptance into the program.Pitch It Bladen helps aspiring and emerging entrepreneurs develop their business ideas through structured instruction in business planning, financial management, cash-flow projections, marketing and operations. Participants work toward completing a business plan and preparing a business pitch, with the opportunity to compete for cash prizes.Last year's Pitch It Bladen program demonstrated the value of investing in local entrepreneurs by helping participants strengthen their business knowledge, develop their business plans and prepare to present their ideas. The competition showcased the creativity and potential of Bladen County's small-business community and provided participants with practical tools to move their business goals forward.Building on that success, Pitch It Bladen 2027 will provide another opportunity for local entrepreneurs to gain knowledge, build confidence and take meaningful steps toward launching or growing a business.“The Small Business Center wants to help individuals make informed decisions about entrepreneurship before they take the leap into business ownership,” said Theresa Dennison, Small Business Center director, in a press release. “This class gives participants an opportunity to evaluate whether entrepreneurship is right for them while also introducing them to Pitch It Bladen 2027 and the resources available to help them succeed.”Registration: Visit www.ncsbc.net and search for the class by name, or contact the Small Business Center at 910-879-5572 for additional information.
Downtown Boston business owners seek more police presence after survey finds people feel unsafe
The survey by the Downtown Boston Neighborhood Alliance finds that 56% of locals feel less safe in downtown than they did at the start of the year, marking a considerable increase from last year.
Start Using Amazon Business and Save 35% on Your First Order This Prime Day
Business owners can really benefit from setting up an Amazon Business account during Prime Day.
OOIDA Life and Health now offering coverage for moving and storage operations
OOIDA offers life and health coverage options to suit your business’s needs. Now, owners of moving and storage operations can get coverage.
Small Business Report
Provided by Prince William County Development Services In August, 19 small business owners received a certificate of occupancy or written authorization to ‘Open for Business’ from Prince William County DepartmentRead More
Greater Fort Worth Association of REALTORS: The Aging Homeowner is Becoming a Business Issue
Learn about aging as a homeowner in this sponsored article by Greater Fort Worth Association of REALTORS.
CT business owners ID’d as couple who died in murder-suicide in Woodbridge
Police had gone to the home for a well-being check that was called in by an employee of their business.
iPhone 13 Pro vs. iPhone 18 Pro Buyer's Guide: Is It Worth Upgrading?
Apple released the iPhone 18 Pro and iPhone 18 Pro Max in September 2026, five years after the iPhone 13 Pro and iPhone 13 Pro Max. The 2021 models introduced ProMotion displays, macro photography, a 3x Telephoto camera, and substantially longer battery life than their predecessors. They remain capable phones and support iOS 27, but owners now have five generations of upgrades to consider.
Muchacho comes to Decatur; Kelly’s Market under new ownership
Muchacho, a West Coast-style taco shop with locations in Atlanta, plans to open its third spot in Decatur. The city will consider its alcohol license on Oct. 5, after police approval.
Top Workplaces 2026: LJA Engineering takes top spot for large businesses
Empowering employee growth through a stock ownership plan, LJA Engineering is the Orlando Sentinel’s 2026 Top Workplaces in Central Florida winner in the large business category.
Eyes on Growth: TD Survey Finds Small Businesses Confident About Growth Despite Economic Headwinds and Delayed Investments
TD Bank U.S. survey finds 85% of small business owners expect stronger revenue through year-end, despite economic uncertainty and preparedness gaps.
Orange County Celebrity Chefs and Health-conscious Founders This Month on ‘Walk-Ins Welcome’
We had an all-star line-up of guests in September on “Walk-Ins Welcome.” Amar Santana of “Top Chef” and executive chef/owner of Vaca and Broadway talked about
'Sabores of South Philly' offers personal look inside Latino-owned businesses of AEM
'Sabores of South Philly' is a marketing campaign launched this year by the Association of Mexican Business Owners, or AEM. The networking organization has over 70 members who are all entrepreneurs of Latino descent who own businesses throughout the city.
The Co-op of Batesville
Serving the community for more than a decade Locally owned and operated businesses are a staple of the Delta economy, providing personalized service to their customers. The Co-Op of Batesville is a prime example. For 11 years, owners Steve and Kay Nickle have provided outdoor- themed supplies and apparel to citizens of Batesville, […]
Northwest Arkansas growing pains, national concerns top issues at Springdale political gathering
Rain and overcast skies didn’t dampen the mood at the annual Chickin, Peelin’ & Politickin’ event Thursday at Springdale’s Shiloh Square as residents, business owners and elected officials networked over plates of fried chicken and shrimp.
Pub owner next to Jeff Daniels' new bistro says his business damaged
Pat Cleary, owner of Cleary's Pub in Chelsea, says construction of Jeff Daniels' JD's Stage Bistro next door has caused structural damage to his pub.
Business owners offer rewards to those with information on Bissell Street shooting
South Bend Police are still looking for the suspect or suspects in the Bissell Street shooting from two weeks ago that killed three.The community is coming toge
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.
Corey Ave businesses host craft fest in ‘new normal’ after Hurricane Helene anniversary
Business owners along Corey Avenue said they’re getting used to a new normal, now two years removed from the decimation by Hurricane Helene.
In Texas, struggling small businesses turn to happy hours
Owners and operators are getting creative to stay afloat.
How gaming store owners turned hobbies into businesses
Explore how local owners Mike Butkus and Tony Vandenberg turned a passion for gaming into successful businesses in the Upper Valley.
Family seeks answers after business owner fatally shot in South Philadelphia
It has been over two months since a man was gunned down in South Philadelphia.
NH's Business: Homeownership affordability across the state
Fred Kocher sits down with Heather McCann with NH Housing to talk about housing availability and affordability across the state.
What is in common between Super Mario and top WA developer?
The family-owned firm behind plans for a controversial aggregate mine in South King County has become one of the region's most prominent landowners and developers.
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.
Georgia woman business owner arrested on fraud charges
Other Mad Marketing clients have also come forward with allegations of fraud.
Despair over future fuels political anxiety for college students on the cusp of adulthood
Many college students today are feeling anxious about their future. They have concerns about their job prospects, homeownership and impending adulthood. Michigan State University student Frankie...
Arts District reeling after deadly First Friday shooting; some business owners say event should end
One dead and two injured after gunfire during First Friday anniversary
iPhone Owners Turn Off This Setting To Save Battery Life
The Background App Refresh on iPhone keeps your apps updated with the latest information before they are opened, which is nice, but it drains the battery.
Stanislaus County launches business one stop website to support entrepreneurs
MODESTO — Stanislaus County Workforce Development has launched a new online Business One Stop Services website, offering entrepreneurs and business owners a centralized hub for starting, running, expanding or transitioning a business.
Did You Know Tesla Performance Models Get Free Premium Connectivity?
Lifetime Premium Connectivity comes free with all U.S. Model 3 and Model Y Performance orders, saving $99 a year for the first owner
Valorant Player Banned Due To Previous GPU Owner’s Cheating
In a wild coincidence a German player was penalized over the playing habits of their Ryzen 7's previous owner, claiming that nothing short of replacing the entire PC will overcome Riot's infamous anti-cheat detection
Little Rock police warn of new scam targeting business owners
Little Rock police are warning Arkansans of a new scam that targets business owners and managers.According to a social media post from the department, scammers
Diamondbacks News
The regular season is over. The team extended their skipper. Now the owner is adjusting the future expectations.
Phil Castellini Sends Message About Reds' Future After Rough Season
The Reds' new control person spoke for the first time since taking over, and he had firm answers about the front office and the team's ownership.
Voices: Teach to Fish North Miami Business Summit this weekend
Jawan sits down with Vice Mayor Kassandra Timothe and business owner Margarita Payero who benefited from the program.
America.gov: New AI Tool Streamlines Government Navigation for Small Businesses - Small Business & Entrepreneurship Council
By Karen Kerrigan – For small business owners and those entrepreneurs just launching businesses, a frustrating aspect of dealing with government is often trying to figure out the rules and navigating websites to find the right information. A new federal AI-powered tool, America.gov, could make that process significantly easier. Launched on September 29, America.gov is […]
Bucks Owner Gives High Praise to New Coach Taylor Jenkins
Going into the first year of a monumental rebuild, new Bucks head coach Taylor Jenkins has total backing from the franchise's leadership.
Used Ryzen 7 5800X3D Gets Buyer Locked Out of Valorant Due to Previous Owner's Cheating
Buying a used Ryzen 7 5800X3D CPU has apparently locked its new owner out of Valorant. Reddit user After-Cartoonist-196 posted on r/PCBaumeister that they bought the chip through the German classifieds site Kleinanzeigen and have owned it since September 21. The CPU apparently works fine....
Don't tell owners how to run businesses. Go where you want.
So quit complaining and trying to tell owners how to run their business. Go where you want. If the owner chooses wrong, they will go out of business.
Sandy's Fine Food Emporium's new owners keep it a family business
WESTERLY — A new chapter in the story of Sandy's Fine Food Emporium — the local, family-owned market at 15 Post Road — began this week as Sandy’s approaches its
'I'm Going To Lose Business:' Shop Owners Irate Over Randolph Street Paid Parking
Business owners along Randolph Street west of Division are furious about the city’s recent implementation of paid parking there. Owners and managers of The Dairy Lodge, Slabtown Barber Shop, Sleder’s Family Tavern and several other longtime or newer businesses are upset they weren’t consulted about the change, critical of the format (visitors must pay by …
Fairburn Road bridge replacement project impacts South Fulton businesses
A major road closure along Fairburn Road is sparking concern among South Fulton business owners who say the city failed to give advance notice about the project.
Judge temporarily blocks border wall construction in Texas’ Big Bend region
A federal court in Texas has temporarily blocked the Trump administration from building a border wall in the Big Bend region. This decision is a win for landowners, businesses and
‘A lack of respect’: Repeated vandalism, disruptions from teens frustrate Canonsburg business owners
Business owners along Pike Street in Canonsburg say they are frustrated by what they describe as a growing problem involving a group of young teens.
‘A lack of respect’: Repeated vandalism, disruptions from teens frustrate Canonsburg business owners
Las Vegas business owner pleads guilty to faking armed robbery for insurance
A Las Vegas business owner has agreed to plead guilty to a mail fraud charge after faking an armed robbery in order to collect the insurance money.
Downtown Astoria business owner: 'I just want my mail'
Over the course of the last few months, people have begun to stop in, send emails and call The Astorian with complaints of not being able to receive mail. In […]
Buncombe sheriff hopefuls spar over jail staffing, mental health
ASHEVILLE - Buncombe County Sheriff Quentin Miller and his political opponent, Gary Parris, butted heads over a range of issues at a candidate forum hosted Oct. 2 by the Council of Independent Business Owners. Among issues on which they clashed were mental health, staffing issues and jail overcrowding.
Small business marketing: Benefits and downsides of AI marketing tools
Small business owners shared how they actually use AI to build and sustain a marketing strategy, as well as where it falls short.
Solo law firm owner shares advice on running your own business
It offers general legal services but also has niches in representing other attorneys as well as designers, artists and publishers in the board gaming industry.
Gas station owner fined for deceptive business practices in Ocean County, NJ
County officials say they caught the owner advertising gas as one price on his digital signs, then charging a different price at three locations
11 Philadelphia business owners accused of defrauding WIC program of nearly $1M
Eleven Philadelphia business owners were charged in connection with a fraud scheme involving the WIC program, according to the attorney general.
'4th Avenue is disappearing': Business owners call on city leaders for help
TUCSON, Ariz. (KVOA) - A dozen business owners on Fourth Avenue gathered to call on the city to address what they say are growing concerns along the district, specifically with
Hispanic Excellence: Business
The Panthers ‘Celebration of Hispanic Excellence’ program recognizes individuals nominated by their peers, colleagues, families or friends for the positive impact they are making in South Florida and beyond. This includes business owners, educators, creators, healthcare workers, public servants, executives and more. Last week, leaders in public service and education
Gamer Buys Used Ryzen 7 5800X3D, Gets Locked Out of Valorant Because Previous Owner Cheated
A buyer of a Ryzen 7 5800X3D found it banned by Riot's Vanguard anti-cheat, impacting their entire system and highlighting risks in the second-hand PC market.
Presidio Investors Sells Podium Entertainment To Flexpoint Ford And Shamrock Capital
Presidio Investors has sold Podium Entertainment to Flexpoint Ford and Shamrock Capital, completing an investment that began in 2019 when Podium was an early-stage, founder-led audiobook publisher. GoldState Music is joining the new ownership group as a minority investor. Financial terms of the transaction were not disclosed.
Prominent Team Owner Shares Leadership Lessons on the Future of Profes
Carolyn Tisch Blodgett, co-owner of the New York Giants and Gotham FC, joined President Jens Frederiksen, Ph.D., for the latest Sports Leadership Exchange Speaker Series, as part of the Frederiksen Fo
Why tracking business expenses matters — and how to get started
QuickBooks Free can help small business owners understand their cash flow, prepare for tax season and make informed spending decisions.
Commentary: Can Letterboxd stay Letterboxd under studio ownership?
Letterboxd, once a niche social network for cinephiles to review, recommend and discover films, is now the subject of a potential nine-figure acquisition. As reported by the New York Times
How speed cameras in East Canton are impacting local businesses
Some business owners in East Canton claim business has slowed after the village installed automated traffic enforcement cameras around town.
Are Democrats Worried About the Wrong Rich People?
As billionaires become a popular political target, a new book urges Washington not to lose sight of a much larger, and quieter, group of wealthy business owners.
Falcon Rice Mill's Trahan talks tariffs, diesel prices and family business
Co-owner Robby Trahan never envisioned he would oversee the 84-year-old business
"4th Avenue is disappearing": Business owners call on City leaders for help
TUCSON, Ariz. (KVOA) - A dozen business owners on Fourth Avenue gathered to call on the city to address what they say are growing concerns along the district, specifically with
St. Louis restaurant hopes cooler weather can save business
The cooler weather is providing some hope for Marquita Mahon, owner of STL Steak and Cake in the Tower Grove South neighborhood of St. Louis. The business recently announced that if sales do not pi…
CD Projekt Red Says It's Working On Fixes For Witcher 3 Remastered
But Switch 2 owners might have to wait a little longer
Fourth Avenue business owners address declining foot traffic
Fourth Avenue business owners address declining foot traffic
Rogers becomes sole owner of Maple Leaf Sports & Entertainment after purchasing remaining stake
TORONTO -- Rogers Communications Inc. has officially completed a full takeover of Maple Leaf Sports & Entertainment, which owns the Toronto Maple Leafs and Toronto Raptors, after purchasing the remaining 25 percent ownership stake from Kilmer Sports Inc. for $4.35 billion (Cdn) on Thursday.
Willy Street business launches effort to support its neighborhood
Local business owners on Madison’s Williamson Street say they’re trying to show their neighborhood hasn’t lost what makes it unique, months after a police shooting and the unrest that followed.
De Pere woman takes leap of faith as small business owner
GREEN BAY, Wis. (WFRV) – Becoming a business owner was never part of Jessie Marceau’s original plan, but five years after taking a chance, she is helping families across Northeast Wisconsin n…
Business owners unite to discuss issues downtown
Seven people with interests in downtown Youngstown met with WKBN’s Team to let people know that while downtown has its bumps and bruises — it’s not a war zone.
‘This is my man cave’: Auto parts business in Gordon marks 50 years as community hub
Hinn Gordon Auto Supply looks like a typical auto parts store from the outside. Inside, owner Jerry Kearns has created a destination that is anything but ordinary.
Downtown business owners gather to ‘change the narrative” of Youngstown
In a roundtable discussion, various business owners in downtown Youngstown expressed their frustrations over negative views about the city circulating on social media.
Rogers becomes sole owner of Maple Leaf Sports & Entertainment after purchasing remaining stake
The telecommunications giant now has total control over the Maple Leafs, Raptors, Toronto FC, Argonauts and Scotiabank Arena.
Rogers becomes sole owner of Maple Leaf Sports & Entertainment after purchasing remaining stake
The telecommunications giant now has total control over the Maple Leafs, Raptors, Toronto FC, Argonauts and Scotiabank Arena.
Their house burned down. Now this Williamsport couple might lose their horse farm business due to pipeline construction.
The owners of Innisfree Farm in Williamsport say they’re at risk of losing their business due to construction of a water pipeline on their property.
Owners of Plot Twist Books in South Charleston looking to sell the business
An award-winning bookstore in Kanawha County is up for sale, according to ownership.https://wchstv.com/news/local/south-charleston-bookstore-earns-award-less-th
Troy police expect to make arrest soon in business theft probe
A downtown business owner shared footage from two businesses that appeared to show a person stealing tip jars.