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The Growing Business of Getting Ready
Beauty brands have long paid to be featured in ‘Get Ready With Me’ videos. Now, they’re designing their products and tools for maximum screentime.
How Extending CVS Distribution Through 2032 At Cardinal Health (CAH) Has Changed Its Investment Story
In October 2026, Cardinal Health announced it had entered into a binding Letter of Intent to extend its existing distribution agreement with CVS Health through June 30, 2032, maintaining the current scope of distribution services. This long‑dated extension reinforces the durability of Cardinal Health’s core distribution relationships, underscoring the importance of scale partnerships in its business model. We’ll now explore how the extended CVS distribution agreement through 2032 may...
China buys time for its young scientists as US rations it
On September 19, Dou Xiankang, who heads the National Natural Science Foundation of China, described a grant that most young scientists anywhere would
What to Stream: Oasis doc, Pitbull, 'Carrie' series, 'Gears of War: E-Day' and 'Disclosure Day'
New streaming entertainment options are arriving this week, including an Oasis documentary, Pitbull record, and a new game in the blockbuster "Gears of War" franchise. The documentary "Oasis: Don't Look
China develops plant to extract hydrogen, fresh water and uranium from the sea
Scientists improve on existing technology, plugging an overlooked energy leak to achieve a potentially profitable green solution.
Rembrandt etchings offer insight into the master’s vision
This exhibition offers a rare opportunity to explore Rembrandt's etchings up close, revealing intricate details visible with provided magnifying glasses, highlighting his innovative techniques and storytelling beyond his famous paintings.
Euro slides as French fiscal worries grip markets
By Ankur Banerjee SINGAPORE, Oct 5 (Reuters) - The euro weakened sharply on Monday to a 17-month low as fiscal worries in France amid a steep bond market rout stoked
Caney Branch Electric joins Greene County Partnership
Click here to view this article from greenevillesun.com.
Dubay named ETSU College of Business and Technology Eastman Chair of Leadership
Dr. Chelsie Dubay has been named the East Tennessee State University College of Business and Technology’s Eastman Chair of Leadership, where she will help guide AI initiatives and strengthen relationships
Tennessee business leaders remain optimistic about state’s economy
More than half of Tennessee business leaders absorbed higher fuel costs rather than passing them on to customers, according to a new survey by the Boyd Center for Business and
‘New Mexicans helping New Mexicans’: Local businesses band together after Tomasita’s fire
ALBUQUERQUE, N.M. (KRQE) – After a tragic fire closed down a popular restaurant in the metro, local businesses are banding together to lend a helping hand. It was a heartbreaking sight as the fire …
Teddy Bear Clinic at Kootenai Health
Kootenai Health is inviting children to bring in their favorite stuffed animal to receive "special check ups" and enjoy a variety of activities
Former UFC champion closes Cape Coral restaurant
Tito's Cantina is closing its doors after three years in business.
Tito's Cantina in Cape Coral closes after three years in business
Tito's Cantina is closing its doors after three years in business.
CHRISTUS Health Plan to withdraw from Medicare Advantage
TEXARKANA, Texas -- Thousands of East Texas seniors with CHRISTUS Medicare Advantage plans will need to find a new provider for coverage by Dec. 7 this year.
MacBook Pro With OLED Display Rumored to Be 'Significantly Lighter'
Bloomberg's Mark Gurman today said the new MacBook Pro models with OLED displays will be "significantly lighter" than the existing MacBook Pro models. "Apple has reengineered the machine's interior, miniaturizing parts and rearranging components to make the computer much easier to carry," he said, in his Power On newsletter. Currently, the MacBook Pro weighs up to 4.7 pounds, while the MacBook Air weighs up to 3.3 pounds and the MacBook Neo weighs 2.7 pounds.
Inside the court case for the brother of Hayden Panettiere's boyfriend
Zach Hickerson, brother of late actress Hayden Panettiere's boyfriend Brian Hickerson, is looking to resolve a case that landed him behind bars earlier this month.
Rogers Center to host Science and Outdoor Career Exploration Night for area students
SHERBURNE — For many curious youngsters, an ideal career is one that can take them outdoors. From 5 to 7 p.m. on Thursday, Oct. 8, the Rogers Environmental Education Center
FBI Director Kash Patel gets engaged to longtime girlfriend, country singer Alexis Wilkins
FBI Director Kash Patel and longtime girlfriend Alexis Wilkins are announcing their engagement on social media | WBBM Newsradio 780 AM & 105.9 FM
FBI Director Kash Patel gets engaged to longtime girlfriend, country singer Alexis Wilkins
FBI Director Kash Patel and longtime girlfriend Alexis Wilkins are announcing their engagement on social media | WWJ Newsradio 950
FBI Director Kash Patel gets engaged to longtime girlfriend, country singer Alexis Wilkins
FBI Director Kash Patel and longtime girlfriend Alexis Wilkins are announcing their engagement on social media.
FBI Director Kash Patel gets engaged to longtime girlfriend, country singer Alexis Wilkins
FBI Director Kash Patel and longtime girlfriend Alexis Wilkins are announcing their engagement on social media | WWL
Fire destroys The Farmers' Creamery in Mio
Fire crews were dispatched to The Farmers' Creamery on West Kittle Road around 1:30 p.m. Saturday afternoon, after multiple 911 calls.
Flint residents ask questions at Mayoral and Board of Education forum
Flint Mayoral and Board of Education candidates answered questions from the public ahead of the November election at Brennan Community Center.
Time capsule: The secret life of a red fox family
Note: At the start of every walk, my dogs try to sneak away to “fox town,” a fox den on the other side of the pond near my cabin, and
Bora Biologics and Protect Animal Health Enter Strategic, Long-Term Multi-Project Collaboration to Advance Antibody-Based Animal Health Products
Partnership includes development and manufacturing support for multiple monoclonal and bispecific antibody programs targeting U.S. and global animal health markets
APTOPIX Brazil Election
Supporters of President Luiz Inacio Lula da Silva, who is running for reelection, kiss as they react to partial presidential election results in Rio de Janeiro, Sunday, Oct. 4, 2026.
Ed Sheeran's newest opening act praises Macklemore amid tour drama
After other musical acts quit his tour following Macklemore's removal for pro-Palestinian messaging during a performance, Ed Sheeran found a replacement opening act for a night.
Basalt Health Raises $20 Million Series A Led By NEA
Basalt Health has raised $20 million in Series A funding led by returning investor NEA to expand its AI platform for post-acute care admissions. Existing investors Frist Cressey Ventures and 25m Health also participated. The round brings Basalt's total funding to approximately $24.5 million.
3 Most Disappointing Cubs Players In 2026
From high-priced free agents to a botched blockbuster trade, these three struggling stars derailed Chicago's championship aspirations and fueled a premature postseason exit against the Padres.
Having a fine country time at WIOV-105\'s FallFest 2026 [photos]
In Lancaster County, the beginning of fall means country music. A lot of country music, with fans gathered in lawn chairs and on blankets in the open field of a
Mental health matters: here are campus resources available for students
The first full week of October recognizes Mental Illness Awareness Week, which is from Oct. 4 to Oct. 10. With students back on campus for the fall term, Wayne State
Taylor Farms and Mexico’s Health Ministry Now Make the Same Cyclospora Argument. The Produce Industry’s Own Association, FDA and CDC Rejected It in September. Here Is a Specific Request to Eight People Before the Industry Meets in Orlando.
I spent four hours Sunday morning taking the deposition of an expert retained by the defense in the E. coli O157:H7 outbreak of November 2024 – the one
Madison nonprofit celebrates 25 years providing free health care to uninsured residents
MADISON, (WKOW) — The Madison Specialty Care Free Clinic, a local nonprofit, is celebrating 25 years of providing free health care to uninsured patients across South Central Wisconsin on Sunday.
Portugal move into Nations League knockout stage, Germany held
Portugal became the first team to reach the quarter-finals of the Nations League when they beat Norway 2-1 on Sunday, but Jurgen Klopp's Germany were frustrated by Greece.
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
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Ed Sheeran's new tour opener speaks out on Macklemore, calls for 'common ground'
After other musical acts quit his tour following Macklemore's removal for pro-Palestinian messaging during a performance, Ed Sheeran has found a replacement opening act.
Despair over future fuels political anxiety for college students on the cusp of adulthood
Their anxiety is fueling a restlessness with a national political system that they worry is no longer capable of improving their lives or no longer interested in helping.
Adams Family Health Center to celebrate 10th anniversary
ADAMS — Samaritan’s Adams Family Health Center will celebrate its 10th anniversary with a public event from 5 to 7 p.m. Wednesday, Oct. 14, at 10881 U.S. Route 11.
Scoop: White House monitors suspected plague outbreak in Russia
Administration is "aware, monitoring the outbreak, and assessing options," an official told Axios.
El-Sayed stops in Flint, discusses economic pressures and failures
U.S. Senate Democratic candidate Abdul El-Sayed made a stop in Flint Saturday as a part of his 'It shouldn't be this hard' town hall tour.
Tom Cruise-led 'Digger' tanks at the box office
The Tom Cruise-led movie "Digger" cratered at the box office this weekend, limping to a fifth-place finish with $8 million in the U.S. and Canada in its theatrical debut. The
Despair fuels political anxiety for college students
Many college students today are feeling anxious about their future.
Binational health event kicks off this week to promote better access
EL PASO, Texas (KTSM) — The Consulate General of Mexico in El Paso will host its 26th Binational Health Week, which will be observed throughout October. The idea is to expand access to health services, promote prevention and “foster a culture of well-being among the Mexican, Hispanic, and local communities,” the Consulate General said in […]
State Senator Chedrick Greene hosts Saginaw gun violence conversation
State Senator Chedrick Greene brought together survivors, parents, and advocates in Saginaw Saturday to address the impact of gun violence in Michigan's 35th Senate District.
James campaign scrubs some online elements of Trump support
Images of President Donald Trump were prominent on the campaign pages of Michigan Republican gubernatorial candidate John James before the Aug. 4 primary election, but afterward some of them have
Patriots WR Mack Hollins exits game with non-contact injury
Patriots wide receiver Mack Hollins hopped off the field of Sunday's game against the Bills with an injury.
Black Men, Mental Health and the Entertainment Industry
Black men, mental health and entertainment collide as Charlamagne Tha God and Lil Nas X open up about anxiety, trauma and bipolar disorder, while therapist Jahthaime Smith examines the pressures behind the public spotlight.
Eagles' Saquon Barkley Ruled Out With Hamstring Injury Against Rams
Philadelphia Eagles star running back Saquon Barkley exited with a hamstring injury in Week 4 against the Los Angeles Rams.
Rebuked by Bond Market, Bessent Says ‘House’ Does Not Always Win
The Treasury secretary said in an interview with Axios that he cannot control the Treasury market but argued that U.S. bond yields would come back down over time.
Forma brings a community pottery studio to Napa
Step inside Forma, a new pottery studio at 100 Coombs St. in Napa.
Colts top Commanders in NFL London game
Indianapolis running back Jonathan Taylor ran for two touchdowns as the Colts defeated the injury-hit Washington Commanders 30-13 on Sunday in the NFL's latest foray in London.
Column: Did Iowa miss chance to address kids’ mental health?
I question if the decisions made were the best use for the funds. What about designating more to school and community grants, which could hire more counselors and therapists? Or
Polls close in Bosnia in race where pro-Russia politician looms large and ethnic tensions simmer
Polls have closed evening in Bosnia after an election shaped by economic pressures, a youth exodus and concerns over corruption. Some leading politicians stoked ethnic tensions that have divided the
Mission in motion unites palm beach nonprofits for impact
One afternoon. Forty nonprofits. Countless lives will be touched across Palm Beach County, as Extraordinary Charities brings fashion and philanthropy together for “Model Your Mission,” its signature luncheon and runway
Seacoast Science Center experts to speak
NEWBURYPORT — Storm Surge, Newburyport’s all-volunteer climate education nonprofit, kicks off its fall 2026 Speaker Series on Thursday, Oct. 8, at 7 p.m. with “Climate Impacts on Marine Mammals: Stories
Jadon Sancho Attracting Premier League Interest After Man Utd Exit
Fresh off a Europa League triumph with Aston Villa, the former £73 million winger searches for a new home as top-flight suitors weigh his talent against looming wage concerns.
Louisiana’s John Kennedy says he’s considering presidential run: ‘Why not me on a rainy day?’
“On my side of the aisle, If a bunch of goobers run, and I think they’re goobers and one of the goobers might win, and I think I can do a better job, I would consider running,” he said. “But right now I’m running for reelection.”
‘In the Grey’: An engaging guilty pleasure
Droll British humor fuels this improbable crime thriller
Mental health courts help divert people from jail. Why don’t more NY counties have them?
This story originally appeared in New York Focus, a nonprofit news publication investigating power in New York. Sign up for their newsletter here (https://nysfocus.com/newsletter).
Mental health courts help divert people from jail. Why don’t more NY counties have them?
This story originally appeared in New York Focus, a nonprofit news publication investigating power in New York. Sign up for their newsletter here (https://nysfocus.com/newsletter).
Marcus Mariota suffers knee injury
Commanders QB Marcus Mariota exits Week 4 game after suffering knee injury
LGBT+ Archives Project of Louisiana's exhibit explores queer history
A sold-out Oct. 14 event at the Historic New Orleans Collection demonstrates the partnerships the new LGBT+ Archives Project of Louisiana is pursuing with archives, libraries and collecting museums to
Despair over future fuels political anxiety for college students
Their anxiety is fueling a restlessness with a national political system that they worry is no longer capable of improving their lives or no longer interested in helping.
SOCIETY: Plum Market’s Veuve Clicquot "Chasing the Sun" event
Click here to view this item from floridaweekly.com.
Man refuses to defend his brother’s bad business decisions at their dad’s formal hearing after years of cleaning up every overpromise he made
A 38-year-old who has spent his entire career quietly fixing his older brother's overpromises just refused to walk into a formal hearing and help present those promises as bad luck. His family is not ...
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
From detailing family cars to cleaning rides for Patriots players: Local college student’s business
A local college student’s auto detailing business has grown from helping family and neighbors to servicing the vehicles of professional athletes across New England.
John Goodman says acting at 74 still feels 'fresh' and exciting
Here’s a fun fact about John Goodman: He's a big London guy.
3 Reasons Beating Mexico Is Pochettino’s Biggest USMNT Win Yet
There is always the potential to get carried away with a satisfying victory. But this felt like a pivotal moment in the Argentine's tenure.
Sylvester Stallone details ‘physical’ altercation with Richard Gere on ‘The Lords of Flatbush’ set
Sylvester Stallone recalled his on-set tension with Richard Gere during the filming of ‘The Lords of Flatbush,’ which Gere later exited.
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.
NC election experts warn about voter trust as AI makes political misinformation easier to create
State election officials, journalists and democracy experts say transparency and trusted local sources will be increasingly important as AI-generated political content spreads this election cycle.
Central Texas Soul Fest returns to Temple for fourth annual celebration
The Central Texas Soul Fest will bring Southern Soul, R&B and live entertainment to the MLK Festival grounds on Saturday, Oct. 10, in Temple.
Julian Hall scores AGAIN as USMNT stun Mexico
By MLSsoccer staffJulian Hall keeps on rising to the occasion during his first US men's national team camp.Red Bull New York's star forward opened the scoring in the USMNT's 3-0 defeat of arch-rivals ...
OPEC+ agrees to keep November oil output targets steady
By Ahmad Ghaddar, Alex Lawler and Olesya Astakhova LONDON/MOSCOW, Oct 4 (Reuters) - OPEC+ agreed to keep oil production targets steady for November at a meeting on Sunday, the producer
How I ended up at a sold-out Black Keys show without a ticket and why I would make a good spy
This spring, I walked into a tiny bar in Clarksdale, Mississippi. I knew The Black Keys were performing and that the show was sold out, but I thought I was just walking into the bar. When I opened the door, the sound did one of those Doppler effects. The ticket person and I nodded at each other.
Where should the Tigers play Kevin McGonigle?
The rookie’s bat got most of the attention, but he showed off good defense and positional flexibility as well.
Science Snapshots: October 4, 2026
Three new science finds: forest fragmentation alters temperatures, black-hole jets illuminate pre-existing gas, and butterfly wing patterns confuse predators.
Steelers LB fined for play vs. Bengals
Holcomb is the second Steelers player to be fined this season.
Despair over future fuels political anxiety for college students on the cusp of adulthood
EAST LANSING, Mich. (AP) — Frankie Llerandi, 21, has been unable to land a single internship in his three years at Michigan State University.
Despair over future fuels political anxiety for college students on the cusp of adulthood
EAST LANSING, Mich. (AP) — Frankie Llerandi, 21, has been unable to land a single internship in his three years at Michigan State University.He will
Despair over future fuels political anxiety for college students on the cusp of adulthood
EAST LANSING, Mich. (AP) — Frankie Llerandi, 21, has been unable to land a single internship in his three years at Michigan State University.
Despair over future fuels political anxiety for college students on the cusp of adulthood
EAST LANSING, Mich. (AP) — Frankie Llerandi, 21, has been unable to land a single internship in his three years at Michigan State University.
Despair over future fuels political anxiety for college students on the cusp of adulthood
Many college students today are feeling anxious about their future.
Despair over future fuels political anxiety for college students on the cusp of adulthood
(AP) — Frankie Llerandi, 21, has been unable to land a single internship in his three years at Michigan State University. He will graduate in the spring with an economics degree and an interest in dat...
Despair over future fuels political anxiety for college students on the cusp of adulthood
Many college students today are feeling anxious about their future. They have concerns about their job prospects, homeownership and impending adulthood. Michigan State University student Frankie...
Despair Over Future Fuels Political Anxiety for College Students on the Cusp of Adulthood
EAST LANSING, Mich. (AP) — Frankie Llerandi, 21, has been unable to land a single internship in his three years at Michigan State University. He will graduate in the spring with an economics degree and an interest in data analytics, but true adulthood seems maddeningly far away. Most of his cousins ...
Germany XI vs Greece – Predicted lineup and team news
Germany will meet Greece again in the UEFA Nations League on Sunday, with Jürgen Klopp’s side aiming to make up for their defeat in the opening meeting between the two teams.Klopp’s time in charg...
The Red Sox Wild Card exit was no plot twist
It was a predictable epilogue, and the cost of coasting
Quad-Cities comedy scene grows with a welcoming crowd of comics
Quad-Cities comedians foster a welcoming, growing scene where newcomers thrive, audiences grow and age cannot prevent reinvention.
Quad-Cities comedy scene grows with a welcoming crowd of comics
Quad-Cities comedians foster a welcoming, growing scene where newcomers thrive, audiences grow and age cannot prevent reinvention.
Fiber arts guild plans demonstrations
Foothills Weaving and Fiberarts Guild will offer a basket workshop and public waiving and spinning demonstrations at two locations in Clinton.
Bosnia votes as pro-Russian politician looms large and ethnic tensions simmer
Bosnia is holding a general election with citizens of all ethnicities focused on everyday problems. But mainstream politicians are whipping up war-era tensions that have kept the country divided since