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Scripted Veteran Jason Simms Switches On Fusebox Entertainment
Former Fox and Sky Studios scripted exec Jason Simms has launched TV's latest drama house, Fusebox Entertainment.
Jason Segel Is Married to Kayla Radomski!
It looks like Jason Segel is married! The 46-year-old How I Met Your Mother actor apparently said "I do" to his longtime love Kayla Radomski, who you may
Meet the RI YouTuber exploring the creepiest abandoned landmarks
From ghost towns to shipwrecks, a Rhode Island filmmaker is preserving the stories behind some of the state's most fascinating forgotten places.
Xbox Goes Beyond Games With XP, A New Entertainment Powerhouse
Microsoft has launched XP, a new Xbox division headed by Kayleen Walters that will oversee films, TV shows, consumer products, and theme parks.
Michigan Is a Way Better Group, Jason Beck Says
Jason Beck says Michigan's offense is a way better group than what's happening on the field. #GoBlue
GTA 6 leaker shows off the game's ending in new video as they indicate the leaks may have come to an end
Cyberleak is back with another GTA 6 leak they say shows the game's ending.
'GTA 6' Fandom Is Officially Shook After The Nude Jason Leak
A massive GTA 6 leak highlighting nudity sparks conspiracy theories about nude gameplay, cheats, and first-person mode
Health-related product delivery on the horizon for Ohio State’s Grubhub Rovers
Ohio State Dining Services will partner with the Wilce Student Health Center to potentially use Grubhub Rovers to deliver health-related products to students, with hopes to launch around fall break to combat cold weather-related illnesses. Abby Hertzfeld, senior director of Dining Services, said health product deliveries should launch around fall break, Hertzfeld said. Jason Goodman, […]
Business Insider expands Discourse team and hires Arielle Pardes
Our Discourse team, led by executive editor Zak Jason and focused on agenda-setting topical features, is expanding.
Michigan tight end Zack Marshall apologizes after he ripped OC Jason Beck in leaked texts
Scenes From the 2026 State Fair of Texas
Photographer Jason Janik documents the people, traditions, excitement, and well-earned naps of the Fair throughout its three-week run.
Travis Kelce recalls early morning phone call from brother Jason that Taylor Swift called ‘f---ed up’
Everyone knows midnights are her afternoons, Jason!
UB Bulls stopped at goal line in MAC upset bid
AMHERST, N.Y. (WIVB) — The University at Buffalo football team lost at the last second of its conference opener against a favored foe that suffered the most infamous last-second loss of the season. Buffalo quarterback Jason Wright was stopped at the 1-yard line on a fourth down scramble as time expired in Western Michigan’s 20-17 […]
Botelho ’13: Jason Owens cannot make Brown Health safe
Botelho ’13: Jason Owens cannot make Brown Health safe
Crunch roughed up by Amerks
ROCHESTER, N.Y. (WSYR-TV) – The Syracuse Crunch dropped its second straight road game, falling at Rochester 7-1. Matteo Costantini, and Carson Meyer both scored late in the first period, giving the Amerks a 2-0 lead after the first period. 28 seconds into the second period, Jason Polin scored on the power play, pushing Rochester’s lead […]
Seminole Tribe Sues DraftKings for Running Illegal Sports Betting in Florida - WRUF 98.1 FM | 850 AM
The battle over sports betting rights in Florida is heading to court with the Seminole Tribe defending its exclusive rights to sports gambling in the state. The Seminole Tribe is suing DraftKings and CEO Jason Robins, claiming the company violated Florida’s 2021 Gaming Compact and is operating an illegal sports betting business. Through the 2021
TENNESSEE VOLS FOOTBALL: Carter a Whitten semifinalist
For the second consecutive year, Tennessee senior linebacker Arion Carter has been named one of 20 semifinalists for the Jason Witten Collegiate Man of the Year award.
Three friends bring “Dr. Adams’ House of Terror” to Warrenton
Longtime Warren County friends Douglas Carter and Jason Jackson have been bringing spooky Halloween fun to the local community for the past two years, first with “Frightmare,” and last year,
Gilmore says he expected difficult Quins start
Harlequins head coach Jason Gilmore says he expected a difficult start to the season following a summer of changes.
Jason Kelce Breaks Silence on Lane Johnson’s Retirement From Eagles
The reactions have been pouring in since Lane Johnson officially announced his retirement from the NFL after four weeks of the 2026 NFL season.Johnson’s teammates and coaches, both past and present, have flooded social media with well wishes and positive messages for Johnson, who cited mental health as a central factor in his decision to […] The post Jason Kelce Breaks Silence on Lane Johnson’s Retirement From Eagles appeared first on HEAVY.
Nancy Pelosi rallies Democrats at Crow fundraiser in Colorado’s 6th CD
Nancy Pelosi told a fundraiser for U.S. Rep. Jason Crow the path to preserving the country's democratic form of government runs through the kitchen table
Jason Kelce Owes Jaguars Fans An Apology Before London Kickoff
Jason Kelce admits he keeps calling the Eagles 'we' on TV. The former center promises to fix his bias before facing Jacksonville in London.
Nancy Pelosi rallies Democrats at Crow fundraiser in Colorado’s 6th CD
Nancy Pelosi told a fundraiser for U.S. Rep. Jason Crow the path to preserving the country's democratic form of government runs through the kitchen table
Massive GTA 6 Leak Reveals Story Spoilers, Action, And Jason In The Nude
The lengthy portion of the game features cutscenes, dirt bike racing, and...Jason's winky
'Office Space' star Richard Riehle dies at 78
Actor Richard Riehle arrives at the premiere of New Line Cinema's 'A Very Harold & Kumar 3D Christmas' at Grauman's Chinese Theatre on November 2, 2011 in Hollywood, California. (Jason Merritt/Getty Images)Richard Riehle, known for his role in the 1999 film Office Space, has died. He was 78.A statement shared by Artists & Representatives and Wright Entertainment, Inc. announced Riehle's passing on Monday, writing, "Our industry has lost an exceptional talent, and our community has lost a truly wonderful man.""We are deeply saddened to confirm the passing of our beloved client, Richard Riehle, this past weekend," the statement said. "A remarkable actor whose career in theater, film, and television spanned nearly five decades and more than 400 projects, Richard leaves behind an extraordinary legacy."The statement continued, "Beyond his immense talent, he will be remembered for his genuine goodness, boundless kindness, and unwavering generosity, particularly toward emerging actors and filmmakers, whom he encouraged and supported at every opportunity."Born on May 12, 1948, Riehle starred in many television series and films over the years.Notable projects include Casino, The Man from Earth and Deuce Bigalow: Male Gigolo.He got his start as an actor at the University of Notre Dame, where he was involved in the University Theatre and starred in several stage productions. He went on to earn a Master of Fine Arts in acting and directing from the University of Minnesota.While he's played characters that have an "average Joe" presence, he always made the most of his brief screen time.Some roles that he is remembered for include The Quartermaster in Glory, the train guard in The Fugitive, Reverend Scroggins in Fried Green Tomatoes and Bill Cozbi in Bridesmaids.On television, he starred as Principal Ed Rooney in the 1990 series Ferris Bueller and as grandfather Walt Finnerty in the early 2000s sitcom, Grounded For Life.In 2023, he also played Warden Reynolds in Barry.Riehle is survived by his wife, Jane Latham, and their four children.Copyright © 2026, ABC Audio. All rights reserved.
SLV community foundation receives major grant from Colorado Health Foundation
Three-year grant award to help connect nonprofits and residents, develop leadership programs in San Luis Valley, Colorado.
EXCLUSIVE: Sports Betting No More Addictive Than Stock Trading, Smarkets CEO Says
Sports betting is no more addictive than stock trading, and financial brokers should face similar obligations to protect vulnerable customers, Smarkets CEO Jason Trost told Benzinga in an exclusive interview. “I don’t think sports betting is any more addictive than...
Chandler pub, central Phoenix brunch spot dinged for health violations
Jason Barry reports on the Valley restaurants that did not make the grade for October 21, including some popular chains and bars.
Latest 'Grand Theft Auto VI' Leak Features 25 Minutes of Gameplay and Jason's Concealed Weapon
Spicy!
Life for Clover, S.C., native Jason Williams, 50, his …
Life for Clover, S.C., native Jason Williams, 50, his …
What's the 411?
The new "Street Fighter" movie, based on the infamous video game, is coming to theaters Friday. The cast includes 50 Cent, Jason Momoa, Noah Centineo, among others.
Super Smash Bros. Player Mew2King Banned From Tournament After Bug Bites Spark Health Concerns
Professional Super Smash Bros. player Jason ‘Mew2King’ Zimmerman has been banned from a competitive tournament after posting photos of his concerning skin condition and complaining of a bug infestation in his home.
Exclusive: Bradford Health Services Taps First-Ever President
Alabama-based addiction treatment provider Bradford Health Services named Jason Langley as its inaugural president in a newly created role. Langley
3 names emerging as possible replacements for Deion Sanders
Deion Sanders’ future at Colorado is facing renewed scrutiny after the Buffaloes fell to 2-3. If the school eventually makes a coaching change, Dan Mullen, Willie Fritz and Jason Eck could emerge as possible candidates, offering different combinations of Power Four experience, program-building success and recent momentum.
NFL might bring massive change to replay review mid-season
Broncos head coach Sean Payton predicted in July that the NFL would mirror the UFL-style officiating transparency within the next two to three years. “And I think every once in a while the benefit of this other league we have, I think quite honestly it’s been helpful for our league,” Payton told Jason La Canfora…
Jason Priestley named grand marshal for Focused Health 302 at Las Vegas Motor Speedway
Jason Priestley will serve as grand marshal for the Focused Health 302 NASCAR O’Reilly Auto Parts Series playoff race on Saturday, Oct. 3.
Bank Iowa CEO Jason Herrboldt focuses on trust, community and growth
The lessons Jason Herrboldt learned while growing up on his family’s farm in Menno, S.D., have stuck with him during his career in banking: Work hard, persevere and show up for your community. “That culture of supporting each other and working through hard things was how I was raised,” said Herrboldt, 47, who in May…
Emeryville’s Folkmanis Puppets Celebrates 50 Years as a Family-Run Business
Folkmanis Puppets celebrates 50 years in Emeryville, tracing the family-run company from its Berkeley beginnings to its longtime Park Avenue home.
LETTER: Thompson puts people before politics in response to MIDA concerns
Rep. Jason Thompson’s billboard on Logan’s Main Street shows the legislator with his family and reads “people before politics” in bold letters. This was demonstrated by Rep. Thompson’s rapid-fire response
Pat McAfee goes on wild tirade after exchange with Jason Kelce on ‘MNF’: ‘I hope you all rot’
Pat McAfee aggressively shouted down fans sticking up for former Philadelphia Eagles center Jason Kelce after McAfee playfully scolded him for using the pronoun ‘we’ when discussing the team.
UConn, Coach Jason Candle Laying Foundation for Bright Days Ahead
Remember this: Jim Mora's teams were 9-16 in his first two seasons.
Willis Automotive plans ‘business as usual’ following sale
Willis Automotive and the Sewell Family of Companies are forming a new partnership as Willis Chairman Rich Willis sells the company to current CEO Jason Willis and Sewell Family member Collin Sewell. Jason Willis will continue as president and CEO of Willis Automotive, remain an owner alongside Sewell and Rich Willis will retire. The sale…
Clint Kisker, Sean Kisker, Jason Kandar Launch Twin Pines Entertainment Aimed Heartland Audiences
Twin Pines Entertainment was founded by Clint Kisker, Sean Kisker and Jason Kander to produce sports-themed series and movies for heartland America audiences.
Rockstar Traveled Across Florida With Gang Members and Cops for GTA 6 Research
Rockstar has discussed travelling across Florida with gang members and cops for GTA 6 research, and hovering in a helicopter above a Beyonce concert.
Rockstar, Does GTA 6's Jason Show Full Hog Or Not?
I know I’ll see him naked, but just how naked?
Jason Jones, Co-Creator of Halo and Destiny and Co-Founder of Bungie, Announces New Studio
Jason Jones, one of the co-founders of Bungie and a co-creator of Halo and Destiny, has announced his new studio, Stone Kite, which will work on projects across various entertainment mediums. The studio's first release is One Zero One, a limited-series comic book based on a manuscript written by Jones.
Stone Kite Is A New Studio From Halo, Destiny Creator Jason Jones And Author Margaret Stohl, And Its First Project Is About Rogue AI Robots
Stohl is perhaps best known for writing the Beautiful Creatures series of books. - Game Informer
Reform politician says smart glasses helping him make speeches in Wales' parliament
Jason O'Connell sparked debate when he started wearing the glasses, which have an autocue feature.
Exclusive: Bradford Health Services Taps First-Ever President
Alabama-based addiction treatment provider Bradford Health Services named Jason Langley as its inaugural president in a newly created role. Langley
‘You cannot force them to stay in business’: Jake, Rantz question how Seattle businesses will absorb a $22.14 minimum wage
Jake Skorheim and Jason Rantz analyze how Seattle businesses will adapt to the new $22.14 minimum wage set for January 1, 2027.
Rockstar Officially Reveals 3 Big New 'GTA 6' Gameplay Features
Game Informer's cover story dishes on GTA 6's animals, the game's dynamic weather system, and Rockstar's intense approach to NPC generation
Nearly 50, Jason Mraz is genre-shifting, living in the moment and done flirting
Ahead of his Hong Kong concert, the American singer spills all on love songs and ‘highlighting the goodness’.
CAA, WME and UTA Team With Ron Howard and Jason Blum to Push for Indie Productions
A new group, formed by the top talent agencies and producers, is lobbying for independent films and movies to be made in the U.S.
Senedd member says smart glasses help with speeches in the Senedd
Jason O'Connell sparked debate when he started wearing the glasses, which have an autocue feature.
Jason Priestley reveals why he wanted to leave “Beverly Hills, 90210”, says he begged Aaron Spelling to end show
The actor played Brandon Walsh on the Fox drama for its first eight seasons.
Padres All-Star Reliever Makes Feelings Clear About Free Agency
Jason Adam wants to remain with the San Diego Padres as he approaches free agency, and the veteran reliever believes his injury-shortened 2026 season could affect his asking price.
New on DVD: Get ready to mingle with 'DTF St. Louis'
Last month's Emmy winner for best limited series tops the DVD releases for the week of Oct. 13. "DTF St. Louis": HBO's seven-episode drama stars Jason Bateman as TV weatherman
SNL Weighs in on GTA 6 vs. The Legend of Zelda With Skit Featuring Jason and Link
SNL weighed in on GTA 6 vs. The Legend of Zelda: Ocarina of Time remake with a new Weekend Update skit featuring video game protagonists Jason Duval and Link.
Healthy Aging Month: Orlando man completes chemo after early colon cancer diagnosis
Jason Jose, an Orlando Health Digestive Health Institute employee, shares his experience of overcoming colon cancer after initially hesitating to get a colonoscopy.
Brand New GTA 6 Screenshots Focus on Lucia and Jason's Relationship
Rockstar has further ramped up its GTA 6 marketing today with the launch of several new screenshots focusing on protagonists Lucia and Jason.
“Crystal Lake” gave Jason Voorhees actor the hockey mask — but only behind the scenes (exclusive)
Callum Vinson, 12, talks about his transformation into the future masked serial killer.
Apple Shares Photos Shot on iPhone Duo
Apple on Instagram today shared a curated gallery of six photos shot on the iPhone Duo. The photos were shot by American photographers Jake Michaels and Jason Nocito, as part of a project commissioned by Apple.
Rockstar Swears You Won’t Have To Wait Nearly A Decade For Its Next Game After GTA6
The wait between Red Dead Redemption 2 and Grand Theft Auto 6 was just under a decade
The eyes have it: Reform politician’s ‘smart glasses’ prompt calls for ban in Westminster
Jason O’Connell’s suspected use of the specs to aid his speech in the Senedd reignites debate over the AI-enabled devices
GTA 6 Leaker Threatens Rockstar With Doomsday Scenario If Meme Coin Hits $30 Million
Cyberleeks is back and asking for more money
Seyfarth Brings On Glaser Weil RE, Entertainment Pro In LA
Seyfarth Shaw LLP has added an attorney specializing in the intersection of real estate and the entertainment industry to its downtown Los Angeles office from Glaser Weil Fink Howard Jordan & Shapiro LLP.
The Latest GTA 6 Screenshots Showcase Brand New Features, From Tropical Storms and Hunting to Big Butts Caught on Camera
The latest GTA 6 screenshots showcase a bunch of great new features, from tropical storms and hunting, to simulated citrus farms and beach-ready butts.
GTA 6 Won't Spoof Disney World, And That's Too Bad
Rockstar is avoiding the House of Mouse.
'Here & Now' Highlights: Charles Franklin, Jason Stein
A month before the 2026 election, the Marquette Law School Poll shows candidates for governor neck-and-neck — poll director Charles Franklin explained where voters stand and why. Enrollment caps for ...
Xbox has secured exclusive GTA 6 streaming rights
The streaming rights come in November, when Microsoft is opening up access to Xbox Cloud Gaming.
Jason Segel, Kayla Radomski marry at SoCal's Huntington
Actor Jason Segel and dancer Kayla Radomski are husband and wife. The pair celebrated their marriage at SoCal's sprawling Huntington in San Marino.
Willis ownership shifting with addition of Sewell family as new partner
Willis Automotive and the Sewell Family of Companies today announced a new partnership that will see Willis Chairman Rich Willis sell the company to current CEO Jason Willis and Collin Sewell of the Sewell Family. Jason Willis will continue to serve as president of Willis Automotive and remain an owner alongside Sewell. Rich Willis, chairman…
Country stars pay tribute to Dolly Parton in CMA special
Country music stars perform onstage as 'CMA Presents I Will Always Love You: A Celebration of Dolly Parton,' Oct. 21, 2026 in Nashville, Tennessee. (Jason Kempin/Getty Images)
Report: Leaked Michigan Texts Rip Jason Beck’s Offense
Leaked group chat messages have Michigan's tight ends turning on Jason Beck's offense during the bye week. #GoBlue
NFL Insider Raises Major Dan Campbell Question After Lions Win
The Lions moved to 2-1 with a win over the Jets, but NFL insider Jason La Canfora raised a major question about Dan Campbell following the departures of Ben Johnson and Aaron Glenn. The post NFL Insider Raises Major Dan Campbell Question After Lions Win appeared first on HEAVY.
Smash Bros. Pro Barred From Event Following Bed Bug Concern
Announcing a hiatus, Melee pro Jason ‘Mew2King’ Zimmerman says he regrets posting the now viral photos and would have stepped back if he believed the community was at risk
Former Super Bowl champion changes tune on Patrick Mahomes
Image Press Agency/Depositphotos Jason McCourty reverses Chiefs opinion Former NFL defensive back and Super Bowl LIII champion Jason McCourty said he felt like an idiot for doubting Patrick Mahomes and Kansas City after watching the Chiefs open the 2026 season with 3 victories. McCourty made the admission during an ESPN discussion before Kansas City’s Week…
GTA 6 Gets A Nudity Pass That Indies Don't For One Weird Reason
Talk about double standards
GTA 6 devs tried "not to jump on the bandwagon" of passing trends and instead created their "own slanted, overblown versions"
Grand Theft Auto 6 developers knew development would take "years and years," so avoiding trends was important in making the game "feel vital" come launch.
Midwest Emmys honor Sanford Health storytelling
Sanford Health News has earned another Upper Midwest Emmy, and this is the first win for multimedia journalist Jason Anschutz.
GTA 6 is Officially Eligible for The Game Awards 2026
We finally have confirmation about GTA 6's status and eligibility for The Game Awards 2026—the game is just about in for this year's show.
Your 2026 NFL Week 7 announcing schedule
The NFL will have its first-ever regular-season game in Paris in Week 7, even amid the civil unrest in France. Dave Pasch, Jason Kelce, and Kurt Warner will return to their international booth duties (after Bob Wischusen and Louis Riddick stepped in for Week 7) to call the Pittsburgh Steelers-New Orleans Saints game for NFL…
How GTA 6's Jason and Lucia Have Evolved Since 2023 In Pictures
GTA 6 officially releases next month, so we're taking a look at how the game's two protagonists, Jason and Lucia, have evolved since their 2023 reveal.
Jason Bourne author, more celebrities died in SW Florida: Exclusive
Robert Ludlum wrote three Bourne books, including \
Super Smash Bros. Player Mew2King Banned From Tournament After Bug Bites Spark Health Concerns
Professional Super Smash Bros. player Jason ‘Mew2King’ Zimmerman has been banned from a competitive tournament after posting photos of his concerning skin condition and complaining of a bug infestation in his home.
Your 2026 NFL Week 5 announcing schedule
The 2026 NFL London Games continue in Week 5, when the Philadelphia Eagles and Jacksonville Jaguars meet on Sunday. Dave Pasch, Kurt Warner, and Jason Kelce will be in the Tottenham Hotspur Stadium booth for the second straight week on NFL Network (9:30 a.m. ET). Kevin Burkhardt and Tom Brady will have the Fox call…
#9OT scores, highlights for Week 6 of 2026 season
EL PASO, Texas (KTSM) — It’s Week Six of the high-school football season. KTSM’s 9 Overtime crew — Sam Guzman, Jason Flores and Aaron Montes — are covering all the action around the Border. The Game of the Week pits Socorro High against Franklin. You can catch all the scores and highlights at 10:15 p.m. […]
Jason Sanders Leads These Fantasy Football Week 4 Kicker Sits
With Week 4 approaching, several kickers could see their opportunities limited by matchup, offensive efficiency and expected field-goal volume.
Wolverines Zack Marshall Releases Statement after leaked text messages
On Monday night, there were leaked text messages surfacing across the internet about Michigan Wolverines tight end Zack Marshall being critical of offensive coordinator Jason Beck. Well, Marshall released a statement on his Twitter on Tuesday afternoon and said, What…
The People on the Move 10/16/2026
MANUFACTURING Fresno company Netafim USA, the precision agriculture business of Orbia, has appointed Jason Scheibel as senior director of sales for North America and Brian Shade as regional sales manager to support the company's
Sensor Tower data shows the yawning gap between GTA 6 and everything else
In terms of preorder numbers, Rockstar's game is 148% head of 2022's Call of Duty: Modern Warfare 2 at this point from launch
Jason Priestley explains why he was No. 1 on the ‘90210’ call sheet: ‘Highest quotes’
Actor Jason Priestley, of ‘Beverly Hills, 90210,’ explains why he and Shannen Doherty were considered the stars of the show.
The Beclowning of Scott Bessent
One iron law of current politics is that nobody who associates themselves with Donald Trump emerges with a shred of credibility. For some, that’s not a big loss — it’s not as if anyone respected Pete Hegseth even before he decided that the key to military success in an age of drones and AI was more testosterone. For others, however, the costs are real. I’m old enough to remember when Marco Rubio was widely considered a reasonable, thoughtful politician. Right now, however, my candidate for the biggest loser is Scott Bessent, the Secretary of the Treasury. Bessent started out with significant reputation to lose: When Trump selected him, this was the headline in the Financial Times: Jason Furman, Barack Obama’s chief economist, described him as a “credible Treasury secretary who has a real understanding of the global economy”. But Bessent has now transformed himself into the Baghdad Bob of bonds. Three weeks ago, after intervening (for reasons that remain somewhat unclear) to support the Japanese yen, Bessent boasted about his ability to move markets and dared investors to bet against his, declaring “I am the house now.” He then tried to push long-term interest rates down, buying 30-year U.S. Treasuries in a move some have compared to paying down part of your mortgage by running up your credit card balance. Here’s how that’s going so far: To get some perspective on how high interest rates have gone, here’s a longer-term perspective: We haven’t seen interest rates this high since the fading days of the dotcom bubble. Why are interest rates hitting new records? The backdrop, as I argued in last Sunday’s primer, is the huge AI-driven investment boom; more on that next week. But the immediate cause of the latest interest rate spike was Trump’s rejection of an Iranian proposal to end the war. This rejection sent crude oil prices, which for a while had fallen considerably, shooting back up: It’s notable, by the way, that oil prices remain high even though a significant amount of oil is now being shuttled through the Strait of Hormuz by night, on smaller vessels. That’s an interesting story, which has a lot to do with the fact that oil from the Hormuz shuttle runs must be transferred to larger vessels before being shipped to markets in Europe and Asia; around 15 percent of the world’s large crude carriers are now parked off the coast of Oman, waiting to be tanked up. This is creating a shipping crunch: But that’s a topic for another day. For now, the point is that with oil still high and refined products, especially diesel, still close to record levels, inflation will remain elevated. And this in turn means that the Federal Reserve will keep short-term interest rates high, an expectation that is feeding into longer-term rates. Hence Bessent’s bond-market humiliation. The truth is that Bessent might not have been able to get interest rates down even in the best of circumstances. But he certainly won’t get anywhere as long as Trump keeps believing that he can somehow convert his Iran debacle into a triumphant victory. And Trump will keep believing that as long as he is surrounded by sycophants who tell him what he wants to hear. Sycophants like, for example, Scott Bessent, who is predicting the imminent collapse of the Iranian economy, possibly within two weeks. Bessent is right to say that the embargo on Iranian oil exports is placing the country under great economic strain. But his implicit prediction that this will quickly produce a deal that Trump can call victory looks no more plausible than his boasts about the bond market. The big question now is, why would anyone with a reputation to lose work for Donald Trump? As the beclowning of Bessent shows, joining the Trump team won’t just damage your reputation; it will utterly destroy it.
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.