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Politics & Power: From cyberattacks to job losses, what AI means for security & livelihoods worldwide
Nick Allard, dean of the Jacksonville University College of Law, joins News4JAX anchor Bruce Hamilton on this week’s episode of “Politics & Power” to discuss the double-edged sword of AI as both threat and solution and what world leaders must do now.
We need CI-132 to keep politics and money out of our courts
Please join me in voting yes on CI-132 this November so we can protect our tradition of elected judges based on their record and qualifications and keep politics out of
Jacksonville Young Republicans back Wyman Duggan for Mayor
The GOP infrastructure is uniting behind a well-known name.
A ‘telenovela of US politics on a two-year delay’: Expert reacts to Brazil election results
Joe Rogan Says Money Is So Deeply Entangled In Politics That Removing It Entirely 'Seems Ridiculous To People'
Money has become such an accepted part of U.S. politics that the idea of removing it altogether sounds almost absurd, according to comedian and podcaster Joe Rogan. He argues that if the political sys...
Trump, politics and lawfare take center stage in Arizona's attorney general race
Four years ago, Democratic Attorney General Kris Mayes won the office by less than 300 votes. Now, she’s hoping her track record taking on President Trump, fake electors and predatory businesses will earn her a second term in office.
France student protests roil politics ahead of elections
Analysts expect unrest to intensify after a teenager’s hand was blown off by a riot police sting grenade.
PRIO awarded funding for new research on the future of peaceful politics
PRIO Research Professor Håvard Hegre has been awarded a prestigious Hernes-CAS Mobility Grant to develop a new research project exploring whether the l ...
Trump wants to rewrite the midterm lexicon
Changing the words may not change the politics.
Complaints against town attorney a flashpoint in Clifton Park politics
Town attorney Kevin Dailey said two complaints have been filed against him.
Protecting elections and play ball?
As I approach 10 years of writing these columns for Colorado Politics, I suspect that only my kindly and long-suffering editor has read all roughly 600-plus of my missives. But regular readers will likely recall I can be easily distracted (squirrel!) and that I often report on multiple items in a column that, in theory, […]
The politics of losing sleep
There is still a class divide when it comes to work that tramples over your body clock
Nuclear power and waste on Inside West Virginia Politics
CHARLESTON, W.Va. (WOWK) – On this week’s episode of Inside West Virginia Politics, our guests join Rick Johnson to discuss nuclear interest in West Virginia and the school aid formula. In Segment …
'Stop playing politics': Ginther, Council trade barbs over $2.5M Barack Center repairs
A fight over $2.5 million in repairs to a tornado-damaged Southside community center has escalated into a public political clash between Columbus Mayor Andrew G
Relatives of Epstein victim appear in attack ad targeting Jeff Crank
Relatives of Virginia Giuffre, one of Jeffrey Epstein‘s most prominent victims, accuse U.S. Rep. Jeff Crank in a TV ad released Monday by his Democratic challenger of refusing to meet with them last year when they sought his assistance to force a vote to release federal files related to the convicted sex offender. Sky and […]
Rightlessness after reform? Agrarian conflict and the politics of land in Indonesia
A review of Berenschot et al 2026
John E. Sununu pressed on loyalty to Trump in Nashua forum
John E. Sununu pointed to his bipartisan approach to politics during his previous stretch in Congress while answering voter questions in Nashua on Monday.
Columbus Councilmembers say mayor playing politics over damaged rec center
Columbus City Councilmember Nancy Day-Achauer is accusing Mayor Andrew Ginther of using Barack Recreation Center as a "political prop" after it was damaged by a tornado in August.
Columbus Councilmembers say mayor playing politics over damaged rec center
Three Columbus City Councilmembers accused Mayor Andrew Ginther of using a storm-damaged rec center as a “political prop” in a capital budget fight.
The Harvard Crimson (@theharvardcrimson)
24 likes, 0 comments - theharvardcrimson on October 5, 2026: "Caroline B. Kennedy ’80 introduced the Institute of Politics’ 60th anniversary forum Thursday, marking her first known public appearance at the Institute since she resigned from its Senior Advisory Committee more than six years ago. Kennedy — the daughter of President John F. Kennedy ’40, to whom the IOP is dedicated – stepped down as the committee’s honorary chair in 2020 amid concerns over the IOP’s diminished independence, declining programming, and tensions with Harvard Kennedy School leadership. Full story linked in bio. 🖋: Jen L. Phan and Mirei S. Saneyoshi 📷: Grace E. Yoon".
DEEP DIVE: How Politics Is, and Is Not, Addressing Domestic Violence and Sexual Assault
In a conversation with U.S Senate candidate Peggy Flanagan last week with members of our young Future Forward editorial board, we talked about how powerful it is for four Minnesota women to be running for the two highest offices in the state — including Governor. We also talked about
3 takeaways from our new poll of Latino voters: From the Politics Desk
Plus, Democrats’ lingering division over their messaging on transgender issues.
New Zealand third quarter business confidence jumps, says think tank
New Zealand's business confidence rose in the third quarter even as fuel prices increase and geopolitics remain a headwind for the country, a private think tank said on Tuesday.
New Zealand third quarter business confidence jumps, says think tank
WELLINGTON, Oct 6 (Reuters) - New Zealand's business confidence rose in the third quarter even as fuel prices increase and geopolitics remain a headwind for the country, a private think tank said on Tuesday. A net 43% of firms surveyed expec...
New Zealand third quarter business confidence jumps, says think tank
WELLINGTON, Oct 6 (Reuters) - New Zealand's business confidence rose in the third quarter even as fuel prices increased and geopolitics remained a headwind for the country, a private think tank said on Tuesday. A net 43% of firms surveyed expected ge...
Answer Man: Misleading political ads? What’s up with water alerts?
Today’s round of questions, my smart-aleck replies and the real answers: Question: The ads against Jamie Ager that are airing on TV now are false. They say that Ager voted against this or that and supported this or that. He is not an elected official and could not support or oppose any legislation. These are the ads paid for by No Going Back PAC. What am I missing? My answer: Well, I’d like to say, “The good old days of American politics where opponents politely disagreed with one another in their advertising.” But honestly, these campaigns have always been uglier than a closeup of my belly button.
House District 19 | Dan Woog versus Jillaire McMillan
Republican Dan Woog and Democrat Jillaire McMillan face off again in Colorado House District 19 after their 2024 race was decided by just 110 votes.
Tony Gilroy on leaving the politics of ‘Andor’ behind for his 9-composer music drama ‘Behemoth!’
Tony Gilroy’s “Behemoth!”.
Tony Gilroy on leaving the politics of 'Andor' behind for his 9-composer music drama 'Behemoth!'
Tony Gilroy’s “Behemoth!” premiered over the weekend as the centerpiece of the New York Film Festival. Gilroy’s first film since the Star Wars series “Andor” concluded its acclaimed two-season run,
Tony Gilroy on leaving the politics of 'Andor' behind for his 9-composer music drama 'Behemoth!'
Tony Gilroy’s “Behemoth!” | WWL
Tony Gilroy on leaving the politics of 'Andor' behind for his 9-composer music drama 'Behemoth!'
Tony Gilroy’s “Behemoth!” | KYW Newsradio
Tony Gilroy on Leaving the Politics of 'Andor' Behind for His 9-Composer Music Drama 'Behemoth!'
NEW YORK (AP) — Long before Tony Gilroy wrote “The Bourne Identity," made “Michael Clayton” or created “Andor,” he wanted to be a musician. After playing guitar in a string of bands, Gilroy came to Los Angeles hoping to become a studio musician. A session with some real players quickly disabused him ...
Tributes to Justice Melissa Hart
It was an extremely busy few weeks in court-related news, but the biggest and most unexpected development was the death of former state Supreme Court Justice Melissa Hart.
El-Sayed explains what he means by getting the money out of politics
Michigan Democratic Senate nominee Abdul El-Sayed details his Medicare for All plan while advocating for politicians to not take money from big corporations on ‘The Story.
What hospice work taught me that politics never will
In hospice, the person comes before the politics, a lesson that could make public life more humane.
Yes on Prop 2: How We Can Get Money Out of Michigan Politics!
This November, Michiganders can vote yes on Prop 2 and get corporate spending — including by the data center industry — out of our politics.
Ohio Democrats’ path to governor’s office runs through rural areas that have turned against party
Democrats say their nominee for governor in Ohio, Dr. Amy Acton, represents the party’s best chance in years to win that office.
Opinion: Pay for performance, not for politics
North Carolina should link teacher pay growth to hard-to-staff roles and performance, not seniority, credentials or political pressures, columnist John Hood arg...
'If You Can Keep It': Mental Health And Democracy
A veteran journalist covered the Jan. 6 attacks on the Capitol. That experience got her exploring the connection between stress, trauma, and our political choices.Our mental health might affect our politics. But our politics also definitely affect our mental health.In this edition of “If You Can Keep It,” we examine that intersection.Find more of our programs online. Listen to 1A sponsor-free by signing up for 1A+ at plus.npr.org/the1a.
Opinion: Pay for performance, not for politics
North Carolina should link teacher pay growth to hard-to-staff roles and performance, not seniority, credentials or political pressures, columnist John Hood arg...
Layla Zaidane: The politicians who can fix America’s polarization problem will win
Political predictions are notoriously unreliable, but here is one I am willing to stand behind: the elected officials who figure out how to govern across difference will dominate the next decade of American politics. With dysfunction and paralysis having become the status quo in Washington, elected officials who work together
Angela Paxton’s ‘whole team’ ad gets politics totally wrong
Ken Paxton was the elephant in the room she failed to mention. Republicans know he's a dead weight on the party.
Amy Coney Barrett calls oil companies’ arguments ‘slippery’
Supreme Court Justice Amy Coney Barrett criticized fossil fuel companies as “a little slippery” in oral arguments over a lawsuit in which oil majors claim that federal law blocks states from suing them for climate change-related damages. Her comment came in arguments Monday in the case Suncor Energy v. County Commissioners of Boulder County, which […]
Supreme Court kicks off new term with major climate case
The Supreme Court returns for its new term on Monday, and oral arguments in a major case over the fate of a costly climate change lawsuit brought by Boulder County, Colorado, will kick off a term set to feature several blockbuster legal battles. Suncor Energy v. County Commissioners of Boulder County will decide whether a […]
Audiovisual Archeology: Found Footage and the Politics of Historical Representation
A 2026 Thessaloniki program titled “All the World’s Memory” probed the aesthetic and political implications of found footage docs
Fox Tells DC Circ. Worker Wasn't Fired Over Leave, Politics
Fox News urged the D.C. Circuit to reject a former Capitol Hill producer's bid to revive claims that he was fired over his political views and use of sick leave, arguing he was terminated instead for insubordination and unprofessional conduct.
Warner Bros. Executive Gerhard Zeiler to Enter Politics in Austria
Gerhard Zeiler, president of international for Warner Bros. Discovery, has declared his intention to enter politics in Austria.
Democrats expand target list as polls point in their favor
Democrats are expanding the number of Republican-held House seats they hope to flip in November as polling moves in their favor ahead of the midterm elections. The Democratic Congressional Campaign Committee announced Monday that it added six candidates to its “Red to Blue” program, bringing the total to 46. The program provides candidates with strategic […]
Top Iranian official admits dire state of the economy: Report
A top Iranian official reportedly admitted that Iran’s economy is in dire straits due to the war and the U.S. blockade of the country. Mohsen Rezaei, secretary of the Supreme National Security Council and former commander in chief of the Islamic Revolutionary Guard Corps, made the admission Saturday at a high-level government meeting focused on […]
New York and American Democracy: A Conversation with Christina Greer
Noted political scientist will unpack urban politics and public policy with Professor Mitchell Moss - Oct. 20 at NYU Wagner
Politics on Stage. Wonderful Life on Broadway. Jeremy O Harris to Mamdani: Call me. Stageworthy News of the Week.
On stage during the first week of October: Plays about the Epstein Files. Gun violence. Black women silenced. Complicity. Sexism. Homophobia. This seems an unusual burst of political theater even f…
Noreen Killen Named Interim CEO at Mid-America Science Museum
Noreen Killen has been named interim CEO of Mid-America Science Museum, effective as of Oct. 3. The Hot Springs museum is conducting a
Whole Hog Politics: Audience capture and the GOP’s #content trap
You did not, I hope, have to take any notice of an empty online furor over Arkansas’s Republican Gov. Sarah Huckabee Sanders’s campaign ad that cast a young, white male as a welfare freeloader redeemed from sloth by...
RYOBI Cleans Up Local Politics with Unlikely Mayoral Candidate 'Swifty'
McCann Birmingham and RYOBI unveil the first trailer for a documentary following the spot cleaner’s unlikely bid to become mayor of Staines
OPINION: Pay for performance, not for politics
The North Carolina General Assembly approved substantial pay increases for public schoolteachers earlier this year. If a bipartisan commission has its way, teacher compensation will soar over …
Paid influencers and political ads - Illinois Times, the capital city's source of news, politics, arts, entertainment, culture
My associate Isabel Miller and I worked on a story last week about paid influencers in campaigns. We decided to look into it after reading news reports about how the Chicago Teachers Union has been using paid influencers in its battle to control the elected Chicago school board and Chicago Mayor Brandon Johnson is also […]
Collective Ethics in an Autocratic Climate: M. Gessen Discusses the “Politics of the Past and Politics of the Future”
What are our ethical obligations as students living, learning, and creating a politics of the future at Haverford College? We must establish a clear set of ethical principles that we are unwilling …
DCCC Jumps Into PA-01 Contest With Coordinated TV Ad For Harvie
How important is the 1st Congressional District race between Rep. Brian Fitzpatrick and Bucks County commissioner Bob Harvie to Democrats? For the first time in six years, the Democratic Congressional Campaign Committee (DCCC) is making an investment in PA-01 with a coordinated TV ad for the Harvie campaign. Entitled "A…
You should care about politics
Ever since America’s founding, the United States has been extremely politically charged. From the civil war in the 1860s, to the civil rights movements of the 1950s, America has always had politics at the root of economic, social and institutional change. So then why do Americans care so little about it? In 2024, about 63.9...
Gallery of Unearthing the Ground: Architecture and the Politics of Waste - 2
Image 2 of 15 from gallery of Unearthing the Ground: Architecture and the Politics of Waste. Fresh Kills Park. Image © USEPA Environmental-Protection-Agency - December 6, 2012 via Wikipedia under Public Domain
Gallery of Unearthing the Ground: Architecture and the Politics of Waste - 3
Image 3 of 15 from gallery of Unearthing the Ground: Architecture and the Politics of Waste. Alsergrund, Viena. Image © C.Stadler/Bwag, via Wikipedia under CC BY-SA 4.0
Gallery of Unearthing the Ground: Architecture and the Politics of Waste - 4
Image 4 of 15 from gallery of Unearthing the Ground: Architecture and the Politics of Waste. Agbogbloshie. Image © Muntaka Chasant, via Wikipedia under CC BY-SA 4.0
Gallery of Unearthing the Ground: Architecture and the Politics of Waste - 1
Image 1 of 15 from gallery of Unearthing the Ground: Architecture and the Politics of Waste. Incineration Line in Roskilde / Erick van Egeraat. Image © Tim Van de Velde
Gallery of Unearthing the Ground: Architecture and the Politics of Waste - 5
Image 5 of 15 from gallery of Unearthing the Ground: Architecture and the Politics of Waste. Fresh Kills Park. Image © erial View Courtesy of NYC Department of Parks and Recreation
Reclaiming 'Health Sovereignty': EU Gastein Forum Confronts A Fragmenting Global Order
Health, long treated as a sanctuary of diplomatic consensus, has entered an era of high politics and ideological division. Leading the closing panel of the EU Health Forum Gastein (EHFG) on Friday (2 October), session chair Ilona Kickbusch, founder of the Global Health Centre at the Graduate Institute in Geneva, highlighted how recent votes at the UN General Assembly demonstrate that nation-states increasingly split and vote instead of searching for consensus.
Keller on what happens when all politics is actually national
President Trump's Massachusetts numbers and what they mean for GOP candidates
Data centers become a new political battleground in Tennessee
As opposition grows, AI companies are spending heavily on campaigns and lobbying as data centers reshape Tennessee politics.
Data centers become a new political battleground in Tennessee
As opposition grows, AI companies are spending heavily on campaigns and lobbying as data centers reshape Tennessee politics.
White nationalism’s appeal runs deeper than partisan politics
How extensive is white nationalism’s appeal among the broader public, and who is drawn to this extremist ideology?
When midterm politics get in the way of governing
After some proposals fell apart in the Senate, both parties will need to figure out to message the failed votes while convincing voters they should be running the show.
In rural Wisconsin, politics is still about meeting voters. Online, it’s getting weird.
Rebecca Cooke is taking her campaign directly to rural Wisconsin communities, all while an AI-fueled online fight with her Republican opponent adds a distinctly 2026 twist to the race.
The Democratic Party is fighting itself, even in Cleveland
A local look at the national divide between progressives and moderates in the Democratic Party.
The ego has invaded American politics
We need to replace egotistical leaders with leaders who will work for the benefit of all.
Herbie Thiele launches new Tallahassee public affairs firm
Herbie Thiele launches public affairs firm blending lobbying and communications.
Budget 'unicorn' Brian Clark leaves Florida House for PinPoint Results
Clark spent eight years as the House's health care Budget Chief.
‘An agenda of…’ – Joe Burrow’s ex-teammate drops a ‘politics’ accusation on Chargers’ Mike McDaniel
Mike McDaniel is being blamed for the Los Angeles Chargers’ terrible start to the 2026-27 NFL season. Week 4 of the NFL season didn’t go as planned for the Los Angeles Chargers, as the organization was handed its fourth defeat of the year.
Brazil Heads to Lula-Bolsonaro Runoff as Right Gains Ground in First Round
With nearly 99 percent of votes counted, Bolsonaro had about 47 percent of valid votes, compared with 44.9 percent for Lula.
Yemen Launches Major Offensive to Retake Houthi-Controlled Territory
As the Yemeni government announced its counteroffensive, the Houthis launched ballistic missiles and drones against Saudi Aramco sites.
Money is tight but don't axe Youth Parliament, says Essex member
The government plans to no longer fund the scheme launched to get young people into politics.
A week of politics, preaching and personalities
Students at UW-Whitewater know what they’ll see as they walk across campus. A couple oversized squirrels in the grass, students shuffling from classes and, if you’re lucky, a few spaced out tables handing out fun prizes. But for students, the week of Sept. 28 looked a little different. As the 2026 Wisconsin governor’s race continues...
Euro drops to 17-month low as political and fiscal risks rise
Euro hits 17-month low as French politics and fiscal worries shake markets.
Rep. Al Green shares new Trump impeachment effort, talks money in politics at BIP event
The 79-year-old progressive will depart from his position in January.
'All INdiana Politics': Albright and Forrestal battle for closely divided seat in Senate District 31
INDIANAPOLIS — One of Indiana’s most competitive Senate districts is the site of a high-stakes showdown as a family physician and a former sheriff vie for the seat vacated by Republican Sen. Kyle Walker. Senate District 31 covers Delaware and Fall Creek townships in Hamilton County, including most of Fishers, along with Lawrence and parts […]
Inside Iowa Politics: the five-day flurry that led to $1.5 billion taxpayer commitment for proposed $15 billion Iowa steel plant
The five days that led to $1.5 billion commitment by Iowa taxpayers for new steel plant in Lee County.
Is a politics of 'competition within consensus' possible?
Türkiye’s new parliamentary year will test whether political competition can coexist with consensus on national priorities
The politics of hypocrisy: How scandal is treated with selective outrage
Controversial candidates are fueling midterm frustration, exposing both parties’ selective outrage as they defend flawed nominees and warn the other side is worse.
Aboriginal historian Barry Corr vividly investigates colonisation – but is less convincing on politics
What right did settler society have to intervene in Aboriginal life? The humanitarian tradition has no adequate answers, says Barry Corr.
New Center Aims To Ease Political Discourse
National Governors Association CEO, Dr. Brandon Tatum, joined Ryan Schmelz on LiveNOW from FOX to discuss the Center for Dignity in Politics. The new center is working to promote civil discourse across the country and encourage bipartisan partnerships.
Election office says there’s enough evidence to investigate Weiser
The Colorado Secretary of State's Office says there's enough evidence to warrant an investigation into Attorney General Phil Weiser's compliance with campaign finance laws.
All INdiana Politics: Albright and Forrestal battle for closely divided seat in Senate District 31
INDIANAPOLIS — One of Indiana’s most competitive Senate districts is the site of a high-stakes showdown as a family physician and a former sheriff vie for the seat vacated by Republican Sen. Kyle Walker. Senate District 31 covers Delaware and Fall Creek townships in Hamilton County, including most of Fishers, along with Lawrence and parts […]
Don Wagner explains why he should be California's next Secretary of State
Orange County Supervisor Don Wagner, a candidate for California secretary of state, outlined his qualifications, election reform priorities, and vision for the office during an interview on California Politics 360.
California Politics 360 full episode
In Washington, D.C., President Donald Trump gathered leaders of major tech companies this week to talk about AI rules moving forward.
What Is DSA in Politics? Inside the Fight Over Democrats’ Future
What is DSA in politics? Explore the Democratic Socialists of America, its electoral gains, policy goals and tensions within the Democratic Party in 2026.
Trauma Farming: the New Politics of Public Suffering | Ash Sarkar meets Catherine Liu
The new politics of public suffering.
Claim that Anaheim mayor called staffer 'dirty Mexican' is old hat in O.C. politics
Your morning catch-up: Orange County’s long anti-Mexican political history, speed cameras coming to L.A. and more big stories
How the shooting death of a Houston father is igniting Latino politics in Texas
Lorenzo Salgado Araujo was shot and killed on his way to work by ICE agents, who said he used his vehicle as a weapon. An outraged community is demanding justice — and change.
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. 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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.
Zach Bryan’s ‘Free Palestine’ shirt at Gillette Stadium offers lesson in music, politics
The decision to wear the “Free Palestine” shirt extended beyond Bryan himself. Members of his band also appeared to want to send a message.