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Concerns over water amid push to build Constitution Pipeline
The project is a 125-mile, 30-inch natural gas pipeline designed to run from Pennsylvania’s fracking fields through New York counties to connect with regional networks.
Concerns over water amid push to build Constitution Pipeline
The project is a 125-mile, 30-inch natural gas pipeline designed to run from Pennsylvania’s fracking fields through New York counties to connect with regional networks.
Concerns over water amid push to build Constitution Pipeline
The project is a 125-mile, 30-inch natural gas pipeline designed to run from Pennsylvania’s fracking fields through New York counties to connect with regional networks.
REP LIEU JOINS REP. FRIEDMAN, LOS ANGELES DELEGATION, AND ENTERTAINMENT UNION IN PUSH FOR NATIONAL FILM TAX CREDIT
GLENDALE, CA – Today, October 6, 2026, Congressman Ted Lieu (D-Los Angeles County) joined U.S. Congresswoman Laura Friedman (D-Los Angeles County), Members of the Los Angeles congressional delegation, and the major unions representing film and television workers at the Alex Theatre in a new push for the Motion Picture, Television, and Entertainment Revitalization Act.
Everything Fixed in October Pixel Update
Google is pushing out the October Pixel update, and inside, there’s a short list of fixes that Pixel owners should know about. We heard rumblings that folks were having issues with a few bugs on devices after the latest update, so hopefully the below list addresses at least a couple of them. Google lists a...
Tom Tiffany, David Crowley making final push as Election Day nears
In less than one month, voters will head to the poll to determine the direction of Wisconsin for the rest of the decade.
NFL Referees Association pushes back against 'excessive' suspensions to Adrian Hill, Jeff Seeman
A Dangerous and Unsocial Form of Excitement
Religious leaders are finally pushing back against online gambling.
When Did Animals First Evolve? New Evidence From Mongolia Suggests It Could Be As Far Back As 800 Million Years Ago
New research pushes back what previously had been the early limit of animal evolution by 200 million years.
College Football Ratings Are Down 11%. ESPN’s Political Push Is Becoming Part of the Story
A weak early schedule may explain part of college football’s ratings drop, but ESPN’s political coverage has opened a more contentious debate among fans.
Zambia to sign revised U.S. health deal without patient data and specimen-sharing clauses
The U.S. has signed new bilateral health agreements with around two dozen African nations since last year, but some have pushed back on requirements to provide patient data.
Claim Two Major PS4 Games for Free Right Now in Europe, No PS Plus Required
Get Call of Duty: WWII and Mafia 3 for free
Snap investor pushes company to sell stake in eyewear business
Hedge fund Blue Duck Capital Partners wants Snap Inc. to raise capital by selling a stake in its nascent Specs unit, putting additional investor pressure on the social media app to deliver on its big investment in augmented reality glasses.
NAACP launches voter protection hub for midterm elections
The civil rights organization is stepping up efforts in response to President Donald Trump’s push to change voting rules.
Is it possible to preserve your memories before dying? The science is moving beyond science fiction
For most of history, preserving someone’s memories after death meant relying on photographs, letters, stories and the recollections of other people. Technology is now pushing that idea much further. S...
Is it possible to preserve your memories before dying? The science is moving beyond science fiction
For most of history, preserving someone’s memories after death meant relying on photographs, letters, stories and the recollections of other people. Technology is now pushing that idea much further. Scientists can record parts of brain activity linked to memory, researchers are mapping the neural networks that store experiences, and digital systems can preserve enormous amounts of a person’s voice, writing, images and personal history. That still falls far short of copying a mind. No technology
Republican Hilton's ‘Just try it' ad courts liberals — and angers his own base
A suggestive campaign ad from California Republican governor candidate Steve Hilton pushes buttons; some conservatives say it goes too far.
8 Players Withdraw from ATP Shanghai
Shanghai, the penultimate Masters 1000 of the year has, in recent years, been one of the most unpredictable. Several withdrawals are already contributing to the narrative of the tournament as it’s set to get underway soon. Which Players Have Withdrawn from Shanghai? Jannik Sinner has once again pushed back his return to the court, withdrawing …
Why India is getting serious about ending the Ukraine war
US tariff threats and drone strikes on an Indian-owned factory are pushing Delhi to shift from passive advocacy to active peacemaking.
In Race With U.S., China Struggles to Recruit Foreign A.I. Researchers
China’s booming artificial intelligence sector has given local researchers good reason to remain in the country, but it has yet to lure overseas scientists despite a government push.
October 2026 PS Plus Essential Games Available to Download Now
You can download until 2nd November
Las Vegas Arts District business pushes for safe space for teens after 15-year-old dies in shooting
Advocates call for youth spaces after deadly First Friday shooting
Las Vegas Arts District business pushes for safe space for teens after 15-year-old dies in shooting
Advocates call for youth spaces after deadly First Friday shooting
Las Vegas Arts District business pushes for safe space for teens after 15-year-old dies in shooting
Advocates call for youth spaces after deadly First Friday shooting
Las Vegas Arts District business pushes for safe space for teens after 15-year-old dies in shooting
Advocates call for youth spaces after deadly First Friday shooting
Las Vegas Arts District business pushes for safe space for teens after 15-year-old dies in shooting
Advocates call for youth spaces after deadly First Friday shooting
Las Vegas Arts District business pushes for safe space for teens after 15-year-old dies in shooting
Advocates call for youth spaces after deadly First Friday shooting
Las Vegas Arts District business pushes for safe space for teens after 15-year-old dies in shooting
Advocates call for youth spaces after deadly First Friday shooting
Las Vegas Arts District business pushes for safe space for teens after 15-year-old dies in shooting
Advocates call for youth spaces after deadly First Friday shooting
Las Vegas Arts District business pushes for safe space for teens after 15-year-old dies in shooting
Advocates call for youth spaces after deadly First Friday shooting
Las Vegas Arts District business pushes for safe space for teens after 15-year-old dies in shooting
Advocates call for youth spaces after deadly First Friday shooting
Las Vegas Arts District business pushes for safe space for teens after 15-year-old dies in shooting
Advocates call for youth spaces after deadly First Friday shooting
Arts District business pushes for safe space for teens after 15-year-old’s shooting death at First F
Experts say the shooting death of a teenager in the Arts District is shining a light on the growing issue of youth violence.
Arts District business pushes for safe space for teens after 15-year-old’s shooting death at First F
Experts say the shooting death of a teenager in the Arts District is shining a light on the growing issue of youth violence.
Arts District business pushes for safe space for teens after 15-year-old’s shooting death at First F
Experts say the shooting death of a teenager in the Arts District is shining a light on the growing issue of youth violence.
Arts District business pushes for safe space for teens after 15-year-old’s shooting death at First F
Experts say the shooting death of a teenager in the Arts District is shining a light on the growing issue of youth violence.
Arts District business pushes for safe space for teens after 15-year-old’s shooting death at First F
Experts say the shooting death of a teenager in the Arts District is shining a light on the growing issue of youth violence.
Arts District business pushes for safe space for teens after 15-year-old’s shooting death at First F
Experts say the shooting death of a teenager in the Arts District is shining a light on the growing issue of youth violence.
Arts District business pushes for safe space for teens after 15-year-old’s shooting death at First F
Experts say the shooting death of a teenager in the Arts District is shining a light on the growing issue of youth violence.
Arts District business pushes for safe space for teens after 15-year-old’s shooting death at First F
Experts say the shooting death of a teenager in the Arts District is shining a light on the growing issue of youth violence.
Musical residencies: Business is booming, but who pays the most for pop stars playing in Europe?
Musical residencies are on the rise in Europe for major pop stars, but costs are increasingly being heaped upon audiences with travel, accommodation and extras pushing up ticket prices, according to S...
Seiko Just Made A £510 Panda Watch With Ears For Pushers And A Tail
It started life as one of Seiko’s mad design experiments. Now 5,000 are going on sale
The push to close New York's rape loophole law
New developments continue to emerge in the investigation of a woman who has accused multiple fraternity brothers at Cornell University of sexual assault.
Trump uses anti-transgender slur to attack South Carolina Senate candidate
President Donald Trump on Monday used an anti-transgender slur to attack Democratic South Carolina Senate candidate Dr. Annie Andrews, as he tries to push his hand-picked GOP candidate, Sen. Darline Graham, over the finish line in the midterm election.
Trump uses anti-transgender slur to attack South Carolina Senate nominee
(CNN) — President Donald Trump on Monday used an anti-transgender slur to attack Democratic South Carolina Senate nominee Dr. Annie Andrews, as he tries to push his handpicked GOP candidate,
Trump uses anti-transgender slur to attack South Carolina Senate candidate
(CNN) — President Donald Trump on Monday used an anti-transgender slur to attack Democratic South Carolina Senate candidate Dr. Annie Andrews, as he tries to push his hand-picked GOP candidate,
Fox Creator Studios Hires Senior Executives
Bryan Thoensen and Kirsten McAuliffe join the media company as it seeks to push further into the creator economy.
Andoni Iraola pushed closer to finally signing Mohamed Salah's successor
Mohamed Salah exiting Liverpool was one of the biggest stories to emerge from Anfield this summer.His fallings out with Arne Slot eventually became too much and, even though he had a year left on his ...
Dave Portnoy on Fox ‘Big Noon’ Exit: Ryan Day Thinks I ‘Doxxed’ Him
Portnoy tells FOS that Ohio State pushed for his removal.
Dark Pictures Dev's Layoffs Have Begun, Over 70 Staff Reportedly Let Go
Supermassive Games shrinks to survive
What does Spain's snap election mean for the EU?
Spain's snap election on 29 November could cost progressive European forces their last government in a large member state, tilting EU power towards the right and pushing socialists into opposition mode.
Supreme Court rejects Roy Moore's push to restore $8.2M defamation verdict awarded to him
The U.S. Supreme Court has rejected Roy Moore’s push to restore an $8.2 million defamation verdict awarded to him over a 2017 Senate ad | KNSS Radio
Watch live: RFK Jr., Trump officials unveil health care price transparency push
Health and Human Services Secretary Robert F. Kennedy Jr. and Centers for Medicare and Medicaid Services Administrator Dr. Mehmet Oz will announce new efforts Monday aimed at strengthening health c…
Scientists generate identical photons at the push of a button
Researchers from different universities have teamed to generate photon pairs that are 90 percent identical, helping advance quantum communications.
Instinct users say its AI agent is pushing unsolicited products
Instinct users say the AI agent sent unsolicited shopping picks, raising questions about whether it's monetizing their data.
Capcom Plans to Use AI Technology with RE Engine to Make Games More Efficiently
REX initiative detailed
Jobs in health care. Jobs for women. The US labour market is segmenting. Chernobyl’s radiation and Lenin’s love of literature.
Thank you for opening your Chartbook email. Elmer Bischoff, Two Figures at the Seashore, 1957 The only really dynamic job-creator in the US economy is health care: The largest crunch has come in Federal government, which has shed 2.7 m jobs. Source: tchouvkov on Twitter Tech is struggling. [ Joey Politano 🏳️🌈@JosephPolitano The US tech sector continues bleeding jobs in official data released today—overall, employment decreased by 17k last month and is down 69k over the last year That's nearly as bad as the worst of the 2024 tech-cession, and much worse than the 2022 boom or even pre-2020 norms 12:42 PM · Oct 2, 2026 · 15.2K Views 15 Replies · 47 Reposts · 390 Likes ](https://x.com/JosephPolitano/status/2106001807847940232?s=20) The new jobs are all for women. [ Justin Wolfers@JustinWolfers I'm not sure who saw this coming, but so far nearly all the jobs created during the second Trump administration have gone to women. 1:09 PM · Oct 2, 2026 · 33K Views 70 Replies · 146 Reposts · 644 Likes ](https://x.com/JustinWolfers/status/2106008723533533601?s=20) Meanwhile, real wages are being eaten up by modest over-target inflation. [ Heather Long@byHeatherLong The financial pain is real: Wage growth fell to 3% (y/y) in September. That's the lowest in 5 years. Wage growth: 3% Inflation: ~3.4% Inflation has eaten up all wage gains for the average worker since April. Many people are having to make hard choices about what to buy and what … 1:24 PM · Oct 2, 2026 · 37K Views 24 Replies · 275 Reposts · 533 Likes ](https://x.com/byHeatherLong/status/2106012367712620728?s=20) HEY READERS, THANK YOU for opening the Chartbook email. I hope it brightens your day. I enjoy putting out the newsletter, but tbh, what keeps this flow going is the generosity of those readers who clicked the subscription button. If you are persuaded to click, please consider the annual subscription of $60. It is both better value for you and a much better deal for me, as it involves only one credit card charge. Why feed the payments companies if we don’t have to. Subscribe Elmer Bischoff, Bathers, 1960 Americans are disillusioned with higher ed. For contributing subscribers only. Subscribe Where the Chernobyl radiation went. h/t Simon Kuestenmacher aka simongerman600 How Lenin’s love of literature shaped the Russian Revolution - Tariq Ali This, then, was the intellectual atmosphere in which Lenin came of age. His father, a highly cultured conservative, was the chief inspector of schools in his region and much respected as an educationalist. At home, Shakespeare, Goethe and Pushkin, among others, were read aloud on Sunday afternoons. It was impossible for the Ulyanov family – “Lenin” was a pseudonym adopted to outwit the tsarist secret police – to escape high culture. At high school, Lenin fell in love with Latin. His headteacher had high hopes that he might become a philologist and Latin scholar. History willed otherwise, but Lenin’s passion for Latin, and taste for the classics, never left him. He read Virgil, Ovid, Horace and Juvenal in the original, as well as Roman senatorial orations. He devoured Goethe during his two decades in exile, reading and rereading Faust many times. Lenin put his knowledge of the classics to good use in the time leading up to the October revolution of 1917. In April of that year, he broke with Russian social-democratic orthodoxy and, in a set of radical theses, called for a socialist revolution in Russia. A number of his own close comrades denounced him. In a sharp riposte, Lenin quoted Mephistopheles from Goethe’s masterwork: “Theory, my friend, is grey, but green is the eternal tree of life.” Source: The Guardian Elmer Bischoff, The River, 1953 If you’ve scrolled this far, you know you want to click: Subscribe
BridgeBio taps Hip Hop Public Health and others up to put a new beat on ATTR-CM awareness
Attruby maker BridgeBio is re-upping its “Don’t Pass on Your Heart Health” campaign with a fresh new beat. | BridgeBio's YouTube awareness push to lead up to World Amyloidosis Day features a conversation with Hip Hop Public Health's Doug E. Fresh and more.
Trump takes extraordinary steps to target midterms, alarming critics
Trump's election moves include a redistricting push, seeking to restrict voting and floating a $5,000 payment to every American adult if the GOP wins.
Manling Sui: From observing atoms to designing next-generation materials
Bridging physics and materials engineering, Manling Sui pushes the boundaries of electron microscopy while advocating for women in physics.
Why Fun Is Serious Business: Boston’s Push To Build a More Vibrant, Competitive City
Boston public policy leaders and business advocates argued that a dynamic, cultural nighttime economy will help the city attract and retain talent while supporting local businesses.
Can Alabama Star Keelon Russell Win Heisman Trophy This Season?
Alabama star quarterback Keelon Russell has pushed himself into the Heisman Trophy conversation this season.
Florida Department of Health backs off vaccine exemption expansion
The Florida Department of Health is moving forward with its push to remove the requirement for four vaccines for children entering schools, but has dropped its attempt to expand exemptions for the immunization requirements.
Trump holds Ohio midterm rally, urging voters to consider him on the ballot during 32-day campaign tour
President Trump rallied in Ohio as part of a 32-day midterm campaign tour, pushing GOP candidates in a Senate race that could shift control of Congress.
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.
Rumour: Sony 'Accepting Game Pitches' on Fan Fave Franchises, First Wave Due Around PS6 Launch
Killzone! Ape Escape! Sly Cooper!
In Austin and beyond, nonprofit groups help musicians pay for health insurance
AUSTIN, Texas — Musician Zack Morgan jokes that when he lost his corporate job in 2015, it was like being pushed off a cliff. For years, he said, he’d been
Meta dodging taxes with data sites
Mark Zuckerberg says Meta's artificial intelligence push is a tremendous success. "Our investments in AI are accelerating every major part of our core business," he has told investors. "Every sign that we're seeing in our own work and across the industry gives us confidence in this investment."
Final Fantasy 7 Revelation Director Says He "Did His Best" to Fight for a Physical Release
Final Fantasy 7 Revelation is getting a physical edition, and it seems director Naoki Hamaguchi had to argue for it. He told Radio Times that he pushed Square Enix for a boxed release, while admitting the product lineup is the publishing team's call. On PS5 and Xbox Series X, the disc reportedly...
Is AMC Entertainment Holdings (AMC) Fairly Valued As It Reshapes Debt And Governance?
AMC Entertainment Holdings (AMC) just pushed through a cluster of corporate moves, including board declassification, new debt financing and an equity shelf registration tied to employee stock plans, giving investors fresh governance and capital-structure information to assess. Recent price action suggests traders are reassessing AMC Entertainment Holdings after these capital moves. The 90-day share price return of 46.56% and year-to-date share price return of 72.05% came despite a 1-year...
Trump appears to post Sen. Tom Cotton’s cell number in push to make daylight saving time permanent
The House passed a bill in July to make daylight saving time permanent, and the Senate has yet to take up the measure.
Trump urges calls to Arkansas Sen. Tom Cotton in push for permanent daylight saving time
“For some reason, Tom is stopping the Bill and, in the Senate, it’s very easy to do, it only takes one!" Trump wrote on social media, noting that passing the bill would give professional golfers more time on the greens.
Chris Bassitt Explains What Has to Change for Orioles
Bassitt may not be back next year, but he spent the end of the season pushing the Orioles to set new standards from top to bottom.
‘GTA 6’ Rated PEGI 18 For Decapitation, Sex Scenes And Cocaine
Grand Theft Auto always pushes the envelope when it comes to adult content, but GTA 6 is going an extra mile, according to its PEGI 18 rating.
‘A complicated map’: Henderson candidates push Boulder Highway updates
Henderson Councilwoman Carrie Cox and mayoral candidate Hollie Chadwick are sharing Boulder Highway construction and traffic updates on social media as the $184 million project continues.
NVIDIA DGX Spark 64GB Launched and Big 128GB GB10 Price Increases
The NVIDIA DGX Spark 64GB is launching with a $4999 price as the 128GB model jumps to $6950 pushed by memory pricing
Anthropic Is Aiming To Transform Healthcare—Here’s How
Anthropic is pushing Claude into prior authorization, medical records, drug discovery and global health. A physician explains what it means for doctors and patients.
U.S.-Russia Talks on Ukraine Now Involve an Oil Deal Tied to Trump Allies
President Vladimir V. Putin brought up a sale of Russian energy assets with President Trump’s envoys, Jared Kushner and Steve Witkoff, pushing a deal that raises new questions about conflicts of interest.
Dodgers World Series Hero Klein Makes Final NLDS Roster Push
Reliever Will Klein battles back from right elbow surgery to secure a last-minute spot in the Los Angeles Dodgers’ postseason bullpen this year.
Florida State, other ACC realignment targets push to expand conference cap in college sports bill
The bill initially required five years of independence and capped any league reporting more than $700 million in annual revenue at 19 teams.
Why Is CVS Health (CVS) Reworking Primary Care Around Value Based Care?
CVS Health (NYSE:CVS) is expanding its primary care approach by integrating value-based care across its health system. The company intends to connect health plans, provider groups, clinics, and pharmacies under a single patient-centered care model. Management is targeting shared accountability for outcomes that include social determinants of health alongside traditional clinical metrics. This push to embed value-based care across CVS Health's operations reshapes how the group manages care,...
Woman accusing Sherrod Brown of forcing transgender surgeries isn’t from Ohio, didn’t have procedure as minor
In an attack ad against U.S. Senate candidate Sherrod Brown, a woman accuses the Democrat of pushing transgender surgeries on minors "like her." She didn't have surgery until she was an adult.
Vote no on Prop 45 to Protect California’s environment and public health
This November, California voters will have a chance to push back against President Trump’s attacks on our clean air and water, public health, and open space by voting NO on Proposition 45. This deceptive ballot initiative is a 41-page recipe for pollution and sprawl. It would weaken California’s bedrock environmental law and make it easier to build data centers, warehouses and other polluting projects – with severely limited public oversight.
4 Running Backs Who Could Be Traded Soon
With the NFL trade deadline not too far off, several crowded backfields could create opportunities for deals. Injuries around the league could also push contenders to search for proven depth. Several running backs who could be traded already find themselves fighting for touches. Here are four situations that are worth watching.
Wynonna Judd calls out Rosie O’Donnell after political comments leave country star ‘in shock’
Wynonna Judd pushed back after longtime friend Rosie O'Donnell labeled her a Trump supporter, calling the claim a "complete assumption."
Trump's investment push hits Europe as Irish PM eyes next tariff break
Irish Prime Minister Micheál Martin eyes Kerrygold butter for tariff relief next after Trump's public commitment to lift duties on Irish whiskey exports.
Drug Use, Nudity, and Sexual Fetishes All in GTA 6
Age rating descriptions share the details
Sony's Quietly Improved Base PS5 Hardware with a Number of Internal Optimisations
New models shipping now
Texas Daily: At a Contested UT Event, Hasan Piker Weighs In on Talarico vs. Paxton
Although the live streamer’s talk was hotly debated beforehand, his appearance was ultimately met with little pushback on campus.
Batteries on wheels: Oregon pushes businesses to switch heavy-duty fleets to electric vehicles
Push for girls flag football as varsity sport in Mass. moves forward
The push to make all-girls flag football a varsity sport in Massachusetts is moving forward.
The Team Behind PixelJunk Is Partly to Thank for Ace Combat 8's Brilliant Cloud Tech
Weather you like it or not
$1 million state grant awarded to SFM Skatepark in Rome
The SFM Memorial Skatepark in Rome has been awarded a $1 million grant through the Dormitory Authority of the State of New York, which will help push forward Phase 2 of the project to include more amenities such as seating, landscaping and a modified access road, according to Governor Kathy Hochul.
GTA 6 Rebrands Miami Basketball Team to Vice City for One Night Only
Miami Heat becomes Vice City on 18th November
MLB Ends Grand Teton Game Talks After Wyoming Officials Object
The early-stage consideration generated heavy pushback.
Eyewitness Sports Scoreboard for Friday, October 2
The push for the playoffs in fall sports is heating up by the day, and the race to make your case for Cortland or Syracuse is on! We had a full docket of sports in the high school ranks on Thursday, and you can catch up with all of last night's action on the Friday edition of the Eyewitness Sports Scoreboard!
Seaweed strandings cause a stink – here’s why they harm your health
When free-floating patches of seaweed are pushed together by currents and winds, seaweed strandings can inundate the coastline with often devastating consequences.