SCROLL NEWS / DISCOVERY
Search headlines
Find the stories shaping the conversation.
Results for " q3 " 842 found 🔀 AI-powered Shuffle
Q3: Omnicom’s Media Business Is Growing, But Is It Agent-Proof?
If AI agents can plan and buy media, who needs a holding company? Good question. It came up during Omnicom's Q3 earnings on Thursday.
Cuyahoga County voters weigh Issue 11 health and human services levy
Issue 11 in Cuyahoga County supports a levy for the county-run Department of Health and Human Services.
Dept. of Health confirms 10th travel-related dengue case on Maui
DOH teams have been deployed to conduct inspections and implement mosquito control measures in the affected area.
Question 3 would create all-party primary
Ballot Question 3 would eliminate political party primaries in Massachusetts and establish a single, all-party primary.
NBCUniversal's Home Entertainment, Live Plays Business Segment Sees 12.7% Q3 Revenue Decline
NBCUniversal’s studios’ “other” business segment, which includes home entertainment, live plays and third-party content distribution, reported revenue of $285 million, down 12.7% from revenue of $326 million in the previous-year period. Top-selling titles in the quarter included Obsession, Disclosure Day and The Super Mario Galaxy Movie, among others. Overall studios segment operating income increased 18.6% … Continue reading "NBCUniversal’s Home Entertainment, Live Plays Business Segment Sees 12.7% Q3 Revenue Decline"
Flutter Entertainment to Release Q3 2026 Update Nov. 4 and Host Call
Flutter Entertainment will release its third-quarter 2026 update on November 4 and host a webcast and conference call to review results.Key Highlights:Original SEC Filing: Flutter Entertainment plc [ FLUT ] - 8-K - Oct. 22, 2026This is an AI-powered summary. It may contain inaccuracies. Consider ve…
Ategrity Specialty’s underwriting gains offset by investment losses
Excess and surplus lines insurer Ategrity Specialty reported lower third-quarter profits Wednesday despite improved underwriting results.
What International Business Machines (IBM) Said on Its Q3 Earnings Call
International Business Machines (NYSE:IBM) reported third-quarter 2026 revenue growth of 6% at constant currency, led by accelerating software sales, infrastructure demand and modest consulting growth. The company said operating pre-tax margin expanded 70 basis points and diluted operating earnings
Abbott to spin out Nutrition business, cuts guidance
Abbott reported mixed Q3 results, cut its guidance and joined the trend of medtech conglomerates spinning out businesses to focus.
Heineken taps into home entertainment
The Dutch lager brand has partnered with Brand Innovation Lab, the creative arm of Amazon Ads, to make going out as easy as streaming your favourite show.
Elevance Health: Q3 Earnings Snapshot
INDIANAPOLIS (AP) — INDIANAPOLIS (AP) — Elevance Health Inc. (ELV) on Wednesday reported third-quarter earnings of $1.
Leica and Formula 1 Shift Into Gear With Limited Edition Q3 43
The Leica Q3 is the company's most popular model.
WATCH: Trump says U.S. has gotten 'nothing' from Ukraine other than 'high diesel,' urging deal
Caesars Entertainment (CZR) Projected to Release Quarterly Earnings on Tuesday
Caesars Entertainment (NASDAQ:CZR) will be releasing its Q3 2026 earnings after the market closes on Tuesday, October 27. (View Earnings Report at https://www.marketbeat.com/earnings/reports/2026-10-27-caesars-entertainment-inc-stock/)
Columbia, Max Planck Team Up on Fusion Energy Science
The new Max Planck Columbia Center will have a total budget of $13.3 million over its five-year term
Earnings To Watch: Elevance Health (ELV) Reports Q3 Results Tomorrow
Health insurance provider Elevance Health (NYSE:ELV) will be reporting results this Wednesday before market hours. Here’s what investors should know.
ABB says data centre business booming, Q3 figures in line with forecasts
ZURICH, Oct 20 (Reuters) - ABB is continuing to see a boom in spending on data centres used to power artificial intelligence, the engineering group said on Tuesday, as it
ABB says data centre business booming, Q3 figures in line with forecasts
ABB is continuing to see a boom in spending on data centres used to power artificial intelligence, the engineering group said on Tuesday, as it reported its latest earnings.
Covenant Health Air adds 2 ICU helicopters to fleet
Covenant Health Air Fleet aims to reach more rural counties faster with its two new helicopters.
China’s economy grows 4.5 percent in Q3, beating forecasts
GDP growth picks up from Q2 amid AI-driven boom in exports.
China GDP growth picks up thanks to export boom
China reported better-than-expected Q3 growth on Monday as robust exports of chips and electronics components on the back of a global artificial intelligence boom buoy the world’s second-largest economy, despite sluggish demand at home.
Obama says Trump officials’ pursuit of Rep. Omar should ‘outrage all Americans’
In a statement Sunday, the former president said the administration is targeting the Minnesota Democrat based on her political beliefs.
Lidi recalls Gelatelli Coffee & Vanilla Gelato due to possible health risk
The recall involves 16-ounce containers distributed across 10 states.
The strange genius of Nathan Fielder, explained in 5 episodes
Nathan Fielder’s ‘You Can See Everything’ has everyone talking. But how do you even begin to explain his whole... thing? These five essential TV episodes are a good place to start.
A bitter Michigan Senate race rattles Jewish and Muslim voters already on edge over the war in Gaza
Michigan’s closely contested Senate race has become deeply personal for some voters.
Africa’s richest man plans to open his Ethiopian fertiliser business to investors through at least 10% stock-market listing
Aliko Dangote plans to list at least 10% of his Ethiopian fertiliser business on ESX, opening a potential ownership route into the Gode venture
Talarico raises record $64M in Texas Senate race against Paxton
Democrat James Talarico scored record-breaking numbers in Q3, widening his fundraising lead in the Texas U.S. Senate race against Republican Ken Paxton.
Mike Rogers discusses contentious Senate race at Detroit business luncheon
Michigan Republican Senate candidate Mike Rogers joined the Chaldean American Chamber of Commerce Annual Business Luncheon on Friday, Oct. 16 in Detroit. He talked about the state of Michigan and the Senate race with FOX 2’s Roop Raj.
Choose hope, family and friends over politicians, say leaders during Interfaith Forum at Salt Lake Tabernacle
Martin Luther King III, Utah Gov. Spencer Cox and Nobel Prize leader call for hope in connection
Former Boston TV meteorologist, ‘Today’ co-host says divorce is official
A former Boston television meteorologist says her divorce is now official more than a year after she and her husband announced their separation.
Jeff Kaplan Doesn't Engage With Overwatch After Leaving Blizzard: ‘I’ve Literally Not Played The Game Since April 2021’
The original director of the hero shooter is now working on a western game called The Legend of California
Connections Health Solutions Files on Behavioral Health Crisis
Connections Health Solutions' Q3 2026 filing covers behavioral health reform and crisis care access. Read what the filing reveals and why it matters now.
International Paper entertains offers for EMEA business
The Memphis, Tennessee-based company confirmed that it has received unsolicited offers for the independent company it’s spinning off in the EMEA region.
Apple Lobbying Report Covers Trade and Public Health
Apple's Q3 2026 lobbying report covers IP, public health, and trade issues amid a pending ITC patent dispute. Read the full analysis to see what it means.
Anthropic reveals $16.8B revenue amid IPO preparations
Anthropic reports $16.8B Q3 revenue at an investor meeting, signaling strong growth ahead of IPO.
Apple bets AI can finally make us want a smart home
The $299 HomeView is Apple's bet AI can fix the smart home.
Wintrust Hires Atwell to Help Expand Business Development for Wintrust Specialty Finance
Wintrust Financial added Sean Atwell, vice president of business development, to Wintrust Specialty Finance.
Dept. of Health confirms travel-related dengue virus case on Oahu
Health officials say this case is a reminder to reduce standing water, wherever possible, especially after a week of rainy weather.
Firefighters union pushes back on proposed health insurance increases for city-parish workers
Proposed health insurance increases for city-parish workers and retirees are drawing pushback ahead of a Metro Council vote scheduled for Wednesday.
J&J’s medtech business slows again in Q3
For the second straight quarter, the cardiovascular unit experienced slower sales growth due to ongoing struggles in the Abiomed business.
How Much Of Qualcomm Stock Rides On One Business?
Phone chip revenue is the central metric to watch at Qualcomm (QCOM). Handset chips generated $5.1 billion in fiscal Q3 2026, accounting for more than half of the company's $9.9 billion in revenue. Total revenue fell 4.0% from a year earlier, and a segment that makes up more than half of sales deserves close attention.
BETMGM Q3 2026 BUSINESS UPDATE
/PRNewswire/ -- BetMGM LLC ("BetMGM"), a leading sports betting and iGaming operator across North America, jointly owned by MGM Resorts International (NYSE:...
Analysts eye RevMed’s pancreatic cancer launch, Merck’s data blitz for Q3 earnings
Bellwether Johnson & Johnson will kick off the third quarter earnings reporting period on Tuesday, with analysts searching for news on business development, launch execution and more.
Visa wins approval to prepare a bank card clearing business in China
Visa has received approval to prepare for a bank card clearing business in China, allowing it to compete in the country's payments market.
Road closures near DoubleTree hotel slow business in Laredo
Road closures around the damaged DoubleTree hotel have cut off foot traffic to nearby businesses, leaving some owners with fewer customers.
‘Dancing with the Stars: Live’ 2027 tour making two Upstate NY stops
For the first time, the full "DWTS" troupe is joining the pros on the road, and Madison Square Garden is on the schedule.
The voters who are fed up with Southwest Washington’s battleground Congressional race
Voters who dislike both candidates could play a key role in deciding the outcome.
A Spanish-language radio show overflows with voters' frustration in Pennsylvania battleground
Victor Martinez, who runs a Spanish-language radio station in Pennsylvania’s Lehigh Valley, talks about voters' frustration with everyday realities like higher fuel prices and inflation ahead of next month’s closely contested midterm election
Republicans want Abdul El-Sayed to be the main character of the midterms. He's happy to oblige
Michigan’s Senate race has become a battle over Democratic nominee Abdul El-Sayed.
Republicans want Abdul El-Sayed to be the main character of the midterms. He's happy to oblige
Michigan’s Senate race has become a battle over Democratic nominee Abdul El-Sayed.
Nonpartisan state Supreme Court elections are being put to the test in Montana
Montana’s voters are set to decide a ballot proposal that would enshrine nonpartisan judicial elections in the state constitution.
Nonpartisan state Supreme Court elections are being put to the test in Montana
Montana’s voters are set to decide a ballot proposal that would enshrine nonpartisan judicial elections in the state constitution.
Nonpartisan state Supreme Court elections are being put to the test in Montana
Montana’s voters are set to decide a ballot proposal that would enshrine nonpartisan judicial elections in the state constitution.
Is Reba McEntire retiring? Here’s what she had to say about it
The country music legend opened up about the prospect in an interview.
12 reactions · 3 comments | A politician allegedly killed for...
A politician allegedly killed for promoting health measures in the fight against Ebola. Health workers attacked, medical facilities put on fire. What's behind people's anger in response to aid in the...
Mike Ditka’s final chapter raises new questions after years of health battles
Mike Ditka, the legendary NFL coach and Hall of Famer, died at 86 from natural causes after decades of battling heart attacks, a stroke, and other serious health issues.
P7 DarkSword iOS Exploit Kit Adds Crypto Wallet Data Theft and Remote Commands
P7 DarkSword adds on-device keychain and crypto wallet data theft to the iOS exploit kit, alongside two-way C2 communication.
J.B. Hunt Q3 earnings, revenue to rise, analysts say
J.B. Hunt Transport Services Inc., a Lowell-based transportation services company, is expected to see earnings and revenue increase in the third quarter compared with the same period in 2025, according...
European majors' strong earnings growth expected to have continued in Q3
Major European companies are expected to report substantially higher third-quarter earnings, the latest LSEG I/B/E/S data showed on Thursday, although the year-on-year growth should slightly temper from the previous quarter.
PC Shipments Drop 20.1% in Q3 2026, HP and Dell Hit Hardest
Worldwide PC shipments fell a steep 20.1% year over year in Q3 2026 to 62.7 million units, according to preliminary data from IDC, down from 78.5 million in the same quarter last year. It is the second straight quarterly decline, and a much deeper one than Q2, which IDC now lists as a 3.8% drop....
US health secretary Kennedy launches new push on vaccine injuries
US Health Secretary Robert F. Kennedy Jr. this week launched an agency-wide effort to study and document any health problems reported after vaccination, the Department of Health and Human Services said on Thursday.
C.W. Morgan, actor in ‘Scream’ franchise, dies at 72
C.W. Morgan, the actor best known for playing Hank Loomis, the father of original Ghostface killer Billy Loomis in ‘Scream,’ has died. He was 72.
How to secure Aerosmith presale tickets for Hollywood Bowl comeback shows
The band reunites for 2 nights in Los Angeles with Run-D.M.C., Heart, Slash, Tom Morello and many more.
Delta Q3 earnings preview: Premium business expected to blunt high fuel costs; CEO Bastian, Musk battle over in-flight wifi
Delta Air Lines will report third quarter results Friday morning, with investors expecting Delta's premium business to continue to blunt issues like rising fuel costs and capacity cuts.
Syracuse’s largest hospital-based behavioral health unit starts work on $25 million makeover
The $25 million upgrade will improve care for some of the region’s most vulnerable patients.
7 US multimillionaire donors gave $189 million to universities in 2026, far more than Africa’s 23 billionaires publicly gave to science and research
Africa’s universities and research institutions continue to operate with far less funding than those in developed economies, even as several of the continent’s richest individuals have added billions of dollars to their fortunes in 2026
China has nominated health official Song Li as WHO head
China has nominated health official Song Li as a candidate to lead the World Health Organization, China's Foreign Ministry said on Thursday, confirming a Reuters exclusive that said Song was put forward to succeed the incumbent director general, Tedros Adhanom Ghebreyesus.
Samsung Q3 profit jumps nearly nine-fold as AI memory boom lifts chip earnings
Samsung Electronics on Thursday projected a nearly nine-fold jump in third-quarter operating profit from a year earlier, beating analysts' estimates as booming demand for artificial intelligence chips drove strong memory earnings.
AI disruptions roil local Boston tech companies PTC, HubSpot
HubSpot is cutting jobs, PTC is getting bought out, and Amazon is shrinking its office.
Science on Target: Q3 Publications from our Innovation Ecosystem
Antisense Oligonucleotide Tofersen Distribution in the Central Nervous System of SOD1-ALS Autopsy Tissue Donors. Guise AJ, Sellon MT, Roemer SF, Monine M, Comfort Harris NT, […] Plowey ED. JAMA Neurol. 2026 Jul 6:e262195. doi: 10.1001/jamaneurol.2026.2195. Epub ahead of print. PMID: 42406382; PMCID: PMC13338845. Using human 3D organoid models to gain mechanistic insight in motor neuron […]
Science on Target: Q3 Research We Enable
Read on for updates across the Research we Enable Postmortem Tissue (PMT) Core The Target ALS Postmortem Core has now collected brain and spinal cord tissue from over 650 cases, making it the largest and most comprehensive ALS tissue repository worldwide that is accessible with no-strings-attached to the global research community. This robust and expanding […]
Science on Target: Q3 Research We Conduct
The Target ALS Global Natural History Study (GNHS) is entering a new phase of discovery. As the only international, longitudinal study generating deeply characterized clinical, genomic, and biofluid data to accelerate ALS biomarker discovery and therapeutic development, the GNHS is now beginning to deliver large scale datasets and resources needed to support new insights into […]
Science on Target: Q3 Research We Fund
$2.4 million Invested in Biomarker Innovation ALS is a heterogeneous disease with distinct subpopulations of cases clustering together based on common underlying biology and with distinct differences in the clinical time course and manifestation of disease. Biomarkers are therefore critical for enabling precision medicine to deliver the right therapy to the right individual at the […]
Kroc Center hosts Senior Adult Health Fair
On Oct. 6, the Kroc Center hosted a Senior Adult Health Fair. Seniors explored booths from local healthcare providers, state agencies, organizations and more.
In Texas governor’s race, Abbott spends big to try to stay in office
Democratic challenger Gina Hinojosa has ramped up her fundraising.
INTERVIEW: Community Health Assessment
The Chippewa, Dunn and Eau Claire City-County Health Departments are conducting a community health assessment and are asking for your thoughts.
Third-quarter results are scheduled after market close Oct. 29; First Business Bank takes questions next morning.
Q3 results will be released after market close Oct. 29. The Oct. 30 call starts at 8 a.m. Central, with a simultaneous webcast and investor questions.
Newcastle gets $25M refinancing for West Loop apartments
Refinancing can be a challenge in today’s elevated interest rate environment, but Northmarq said the process was competitive because of strong lender appetite for apartment buildings.
Anyone can listen to PENN Entertainment's Q3 call on Nov. 5.
PENN will post results at 7 a.m. ET, then hold a 9 a.m. ET call and simultaneous webcast; a replay will be available for 30 days on its website.
New Center Aims To Ease Political Discourse
National Governors Association CEO, Dr. Brandon Tatum, joined Ryan Schmelz on LiveNOW from FOX to discuss the Center for Dignity in Politics. The new center is working to promote civil discourse across the country and encourage bipartisan partnerships.
Julie Bowen reveals what ‘Modern Family’ cast talks about in group chat
Julie Bowen is giving ‘Modern Family’ fans an inside look at what the cast of the beloved sitcom talk about in their hyperactive group chat: ‘We’re always chatting.’
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.
Embraer Soars with 41 Business Jet Deliveries in Q3
Manufacturer is on track to meet its forecast total
Democrats expand battleground for House, reaching into bloodred districts
The additions include Kansas’s 2nd, Michigan’s 1st, North Carolina’s 13th, New Jersey’s 2nd, Oklahoma’s 5th, Texas’s 9th, Virginia’s 6th and Washington’s 5th.
Start TODAY’s October Challenge: Routine Revamp, Healthy Meals
October is the perfect time to revamp your routines, so fitness contributor Stephanie Mansour stops by Studio 1A to break down some easy Start TODAY workouts, which can be accessed for free on the app this month. TODAY nutrition and health expert Joy Bauer also shares some simple meals, including a French toast grilled cheese, cottage cheese fettuccine alfredo, pumpkin peanut butter, and more!
Walgreens Expands Vaccine Access Through Seniors Day In-Store Clinics
Walk-in vaccinations and additional appointment availability offer seniors convenient options
White House touts big-ticket projects in hope of swaying key races
With few tools to bring down prices in the short run, Trump hopes to focus voters on investments that could pay off in years to come.
Ancient hydrogen spotted in the early universe could open a new way to study space's baffling expansion
After seven years of work, Canada's CHIME telescope has a measurement of dark energy from 2019. More detailed studies are planned to expand the research.
Small business sentiment shows uptick but economic concerns persist
The quarterly Ipsos/MetLife/U.S. Chamber of Commerce Small Business Index in Q3 2026 is up from Q2 2026
City seeks housing developers for vacant North Corktown lots
Detroit is offering the opportunity on 16 lots for 20 homes in the neighborhood near Michigan Central plus $2.5 million through its Small Buildings Program.
9/11 health research program will be fully funded, officials say
World Trade Center Health Program officials had said $13 million could be lost.
The Witcher 3 Remastered showed 38 FPS with DLSS 5 versus 68 FPS for the Next-Gen version
Detailed performance and visual quality measurements of the updated version have appeared online. The Witcher 3: Wild Hunt Remastered using...
Inspired Entertainment slides after Brazil's ban on online betting and gambling
Inspired Entertainment (INSE) warns Brazil’s online betting ban may hit digital revenue; outlook may change with Q3 results as Congress reviews.
Meta expands Muse AI agent for small businesses
Meta Platforms is expanding its AI agent Muse to small businesses, adding integrations with tools such as Shopify, QuickBooks, Stripe and Canva to help owners run their businesses and find new customers, as the Facebook-parent aims to diversify its revenue beyond advertising.
FTSE 100 rises as AstraZeneca lifts healthcare sector
London's FTSE 100 rose on Tuesday, lifted by pharmaceutical stocks after AstraZeneca agreed to take a $2 billion stake in Summit Therapeutics to advance cancer research.
Kanza Education and Science Park hosts first Kanza Science Day of the year
14 elementary schools will get the chance to participate in Kanza Science Days, hosted at the Kanza Education and Science Park, over the next two weeks.
SpaceX's Starship reaches orbit for the first time, then returns early and blows up in a fiery explosion
SpaceX got its Starship rocket into orbit, but after a tense few minutes of comms and the loss of an engine, the call was made to end the mission early.
Airbus probes A321neo flaw as repair plan eases disruption
Airbus and Italy's Leonardo are investigating a glitch at a privately held coatings firm that triggered a quality alert affecting 500 of the planemaker's best-selling A321neo jets, people familiar with the matter said.