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Russell Brand arrives at a London court for his trial on rape and sexual assault charges
Comedian Russell Brand has arrived at a London court for the opening of his trial on charges of rape and sexual assault | WBBM Newsradio 780 AM & 105.9 FM
Russell Brand arrives at a London court for his trial on rape and sexual assault charges
Comedian Russell Brand has arrived at a London court for the opening of his trial on charges of rape and sexual assault | WWJ Newsradio 950
'A Haunting' Revived At Radial Entertainment With Jupiter Pictures
Radial Entertainment is bringing back the series after acquiring the New Dominion Pictures library earlier this year.
Democracy Can’t Only Show Up for Black Voters at Election Time
Democracy cannot just be something Black Americans are asked to save every election. It has to be something we can see working in our lives between elections. Every election season, here it comes again. We are told how important this election is. We are told democracy is on the line. We are told to ...
Quentin Tarantino's first stage play will debut in London with Sacha Baron Cohen as star
Quentin Tarantino is bringing a swashbuckling stage comedy to London's West End | KYW Newsradio
UK prime minister say it is 'clear' Russia interfered in 2016 Brexit referendum
U.K. Prime Minister Andy Burnham says it's clear that Russia interfered with Britain’s vote to leave the European Union | WBBM Newsradio 780 AM & 105.9 FM
MBA Roundup: Harvard Business School MBAs Share Their Summer Internship Experiences
Harvard MBAs share their internship experiences in AI, investment management, product development, and more.
'Other Mommy' tops the box office with $27.5M; 'The Social Reckoning' opens to $5.5M
The Jessica Chastain horror film “Other Mommy” tops the North American box office in its first weekend in theaters | WBBM Newsradio 780 AM & 105.9 FM
'Other Mommy' tops the box office with $27.5M; 'The Social Reckoning' opens to $5.5M
The Jessica Chastain horror film “Other Mommy” tops the North American box office in its first weekend in theaters | 830 WCCO
Vote coming up on Crystal Lake plan to buy former health club with aim to move library there
The Crystal Lake City Council will soon decide whether to purchase the shuttered Northwestern Medicine fitness center, with an eye to move the library there and transforming it into a community center.
Upcoming activities announced at Jervis Library in Rome
Jervis Public Library in Rome has announced its upcoming activities for the week of Oct. 12, including a Halloween glass Cricut crafting event on Wednesday, Oct. 14.
Trump urges Sen. John Fetterman to switch parties and become a Republican
President Donald Trump is openly encouraging Democratic Sen. John Fetterman of Pennsylvania to switch parties and become a Republican | Newsradio 1140 WRVA
Focus on reading's benefits for mental health
A partnership between a library and charity is working on projects for World Mental Health Day.
Focus on reading's benefits for mental health in Guernsey
A partnership between a library and charity is working on projects for World Mental Health Day.
Karl-Anthony Towns sees Knicks lessons in boxing's sweet science
Knicks star Karl-Anthony Towns explains how boxing translates to basketball and why he expects a hungry Canelo Alvarez against Christian M'billi.
Up to 12 Million Americans Have Lost Health Coverage During Trump’s Second Term: Analysis
Independent healthcare analyst Charles Gaba reveals up to 12 million Americans lost healthcare coverage under Trump's second term. Medicaid, ACA, and CHIP enrollment all down significantly.
Jeudevine Library Hosting Informational Discussion About Medical Aid In Dying
At the Jeudevine Memorial Library in Hardwick on Wednesday, Oct. 14, hear from Jen Carlo of Patient Choices Vermont about Medical Aid in Dying (MAID) and end-of-life choices in Vermont.
Crew on Ben Shapiro’s Pro-ICE Film Say They Felt Ambushed
“If I had known this, then I would not have even accepted the job.”
What's happening at the Waunakee Public Library
Circulation desk—608-849-4217 waupl@waupl.org
2 Renoir paintings stolen from a French museum have been found, 6 arrested
Two Renoir paintings stolen from a museum in southern France have been found | Talk 1370
2 Renoir paintings stolen from a French museum have been found, 6 arrested
Two Renoir paintings stolen from a museum in southern France have been found | WWJ Newsradio 950
Lightsaber Darth Vader used in 'I am your father' duel in 'Empire Strikes Back' goes up for auction
A lightsaber used by Darth Vader in “The Empire Strikes Back” is set to be auctioned on Nov. 12 | Talk 1370
Linkin Park documentary 'Unshatter' tracks band's emotional return to recording, touring
Linkin Park is revealing the uncertainty, grief and creative risk behind its return in the new documentary “Linkin Park: Unshatter.” | WBBM Newsradio 780 AM & 105.9 FM
Linkin Park documentary 'Unshatter' tracks band's emotional return to recording, touring
Linkin Park is revealing the uncertainty, grief and creative risk behind its return in the new documentary “Linkin Park: Unshatter.” | KCBS All News 106.9FM and 740AM
Linkin Park documentary 'Unshatter' tracks band's emotional return to recording, touring
Linkin Park is revealing the uncertainty, grief and creative risk behind its return in the new documentary “Linkin Park: Unshatter.” | KMBZ
Linkin Park documentary 'Unshatter' tracks band's emotional return to recording, touring
Linkin Park is revealing the uncertainty, grief and creative risk behind its return in the new documentary “Linkin Park: Unshatter.” | WWL
New Britain Public Library to Host "Health to Treat Spooktacular" for Halloween
The New Britain Public Library, in partnership with Access Health CT, is set to host, ” Health to Treat – a Spooktacular Day of Health Resources & Community Care” on Halloween. The event promises free food alongside “free professional health screenings, services & more!”. Services available are to include blood pressure checks, cholesterol screenings, blood […]
Poll: Business Journal readers overwhelmingly oppose Fresno County library privatization - The Business Journal Fresno County library privatization opposed in reader poll
Nearly 78% of Business Journal poll respondents oppose Fresno County library privatization as supervisors remove the proposal from 2026 agendas.
Laramie County Library to host science fair workshop this Sunday
Laramie County School District 1 is teaming up with the Laramie County Library to help students get their projects off the ground.
In ‘Always Lalisa,’ K-pop superstar Lisa comes of age and embarks on a new career in acting
The documentary “Always Lalisa” captures a pivotal year in the life of Lisa, following the K-pop superstar as she takes a break from Blackpink to record and launch her first solo album, 2025’s “Alter Ego.” | WWL
KMOX Business Expert: Adjustable rate mortgages may only give home buyers short-term relief
| 104.1 FM KMOX
New early learning reading space to open at R.B. Tullis Library in New Caney
A Family Place Library featuring toys, books and workshops will open Nov. 2 at R.B. Tullis Library in New Caney.
Clive Davis' pre-Grammy gala will continue in 2027, the first since his death
The Recording Academy has announced that the annual Clive Davis pre-Grammy gala will continue in 2027, following Davis's death earlier this year | WBBM Newsradio 780 AM & 105.9 FM
World War II Collection At Weeks Library Book Sale
LANCASTER, N.H. — The Friends of Weeks Memorial Library in Lancaster will be holding their annual Columbus Day weekend book sale Saturday, October 10, from 9 a.m.-3 p.m.. This sale
Gibelyou joins Musical Moments series on Oct. 16
GENEVA — The Musical Moments recital series at the Geneva Public Library will feature classical guitarist Dr. Erik Gibelyou Oct. 16.
Trump Illegally Withheld Lifesaving Health Research Funds: Federal Watchdog
"Donald Trump is stealing taxpayers’ dollars that Congress set aside to improve Americans’ health," said a group of House Democrats.
Nobel Prize in literature to be awarded in Stockholm
The Nobel Prize in literature will be awarded by the Swedish Academy in Stockholm | 104.1 FM KMOX
Tayari Jones' novel 'Kin' wins the Kirkus Prize for fiction, earning a $50,000 award
Tayari Jones' novel “Kin” has won the Kirkus Prize for fiction | KYW Newsradio
Tayari Jones' novel 'Kin' wins the Kirkus Prize for fiction, earning a $50,000 award
Tayari Jones' novel “Kin” has won the Kirkus Prize for fiction | 830 WCCO
Tayari Jones' novel 'Kin' wins the Kirkus Prize for fiction, earning a $50,000 award
Tayari Jones' novel “Kin” has won the Kirkus Prize for fiction | 104.1 FM KMOX
Should Diseases Be Renamed When Science Advances?
Changes in scientific understanding are prompting renewed scrutiny of disease names and their effects on how patients, clinicians, and researchers view conditions.
Mia Goth files for divorce from Shia LaBeouf nearly 10 years after the actors married
Mia Goth has filed for divorce from Shia LaBeouf nearly 10 years after they married | WBBM Newsradio 780 AM & 105.9 FM
DNC sues Trump administration, alleging taxpayer-funded ads violate propaganda law
The Democratic National Committee has sued the Trump administration over recent TV ads promoting the president | Newsradio 1140 WRVA
Homeschool Science Day in Grove Hill hosted Oct. 15
The Grove Hill Public Library is appealing to the creativity of homeschoolers with Homeschool Science Day on Oct. 15 from 1-2:30 p.m. Students are encouraged to use any number of items from around the house to build a medieval creation, including paper towel rolls, paper plates, rubber bands, string and foil. Some of the library’s
M. A. Silva Expands Its Sales Team
North America's leading premium cork and packaging manufacturer, M. A. Silva USA, brings on two industry veterans to strengthen its growing sales operation.
Greensboro Science Center Winter Wonderlights
The magic of the holiday season is back! Winter Wonderlights, presented by Cone Health, returns to the Greensboro Science Center for Year 7, November 18 through January 3.Experience the wonder of the holidays surrounded by more than one million twinkling lights, handcrafted lanterns and the iconic g...
Greensboro Science Center Winter Wonderlights
The magic of the holiday season is back! Winter Wonderlights, presented by Cone Health, returns to the Greensboro Science Center for Year 7, November 18 through January 3.Experience the wonder of the holidays surrounded by more than one million twinkling lights, handcrafted lanterns and the iconic g...
Is Telekinesis Real? What Science Actually Says
Researchers have chased mind over matter for more than a century, but the effect keeps shrinking as the studies get bigger.
'Carrie' reading list: Every library book Carrie picks has been banned
Let Carrie White (and everyone) read "The Handmaid's Tale".
Skydance now runs two of Hollywood’s legacy film studios. A look at the new company, by the numbers
David Ellison’s Paramount Skydance has completed its $81 billion acquisition of Warner Bros. Discovery, bringing two of Hollywood’s most storied legacy film studios under one mammoth media and entertainment conglomerate named Skydance. Now, Skydance must decide how to make the most out of a trove of entertainment assets, including the HBO Max and Paramount+ video streaming services, a film library that includes “Star Trek,” “Barbie,” “Top Gun,” “Harry Potter,” and “Superman,” and two major news organizations, CNN and CBS News. Here’s a look at the new company, by the numbers.
New science program off to a successful start at Spring City library
SPRING CITY — Audrey Pack Memorial Library debuted a new science program for homeschool students last month.
Imperial Knights star in a new Black Library novel
The Winter Knight rides out into a dying world, plus new versions of fan-favourite books.
Science Literacy Week Open House at the Fisher Library - Events
For Science Literacy Week, the Fisher Rare Book Library is presenting a rare opportunity to view some of the most important scientific books ever...
Dolly Parton's multifaceted legacy showcased at Nashville museum and hotel
A new Dolly Parton hotel and museum offers fans a look at the multifaceted singer, actor, entertainer and philanthropist, right in the heart of Nashville | WWL
Eva Marie Saint, star of 'North by Northwest' and 'On the Waterfront,' dies at 102
Oscar winner Eva Marie Saint has died at the age of 102 | Newsradio 1140 WRVA
Cartier Got Down to Business for the 20th Anniversary of the Women’s Initiative
Guests from across the arts, public health, philanthropy, and fashion gathered at the Morgan Library and Museum to celebrate the 20th anniversary of the Cartier Women’s Initiative: the maison’s fellowship for entrepreneurs focused on implementing social and environmental change.
The enduring popularity of Elvis Presley's Graceland is a monument to his legacy
Graceland, Elvis Presley's iconic home, continues to captivate fans decades after his death | WBBM Newsradio 780 AM & 105.9 FM
Republicans to spend $5 million in South Carolina Senate race as Trump plans trip there
The primary Senate Republican super PAC is sending reinforcements to South Carolina as President Donald Trump prepares to visit and boost Sen. Darline Graham | Newsradio 1140 WRVA
Grammy-nominated R&B singer Freddie Jackson, known for '80s hits like 'You Are My Lady,' dies at 70
Grammy-nominated R&B singer Freddie Jackson, known for hits like “Rock Me Tonight” and “You Are My Lady,” has died at 70 | WBBM Newsradio 780 AM & 105.9 FM
Grammy-nominated R&B singer Freddie Jackson, known for '80s hits like 'You Are My Lady,' dies at 70
Grammy-nominated R&B singer Freddie Jackson, known for hits like “Rock Me Tonight” and “You Are My Lady,” has died at 70 | 830 WCCO
Demand Change: Homer G. Phillips Sale Delay Endangers Vulnerable Seniors
Homer G. Phillips residents endure neglect, safety risks, and maintenance failures. Uncover the story behind Alderwoman Tyus's 'bullet in the head,' comment | 104.1 FM KMOX
October 2026 Halloween events guide for Eastern Iowa
Looking for the best Halloween events in Eastern Iowa this October? From terror-filled haunts like Circle of Ash to family-friendly parades, library events, and live orchestral concerts, here is your ultimate regional roundup of fall festivities in the Cedar Rapids-Iowa City Corridor.
Actor, 'restaurant kid' Ming-Na Wen reflects on the Asian American experience in 70 recipes
Ming-Na Wen's acting breakthrough was in the 1993 film adaptation of Amy Tan’s novel “The Joy Luck Club.” | KCBS All News 106.9FM and 740AM
Actor, 'restaurant kid' Ming-Na Wen reflects on the Asian American experience in 70 recipes
Ming-Na Wen's acting breakthrough was in the 1993 film adaptation of Amy Tan’s novel “The Joy Luck Club.” | NewsRadio 1080 KRLD
Oprah Winfrey taps a 'riveting' debut novel for her book club
Oprah Winfrey has chosen Amanda Rizkalla's debut novel, “Hungered,” as her new book club pick | 830 WCCO
Essay: Do political debates still matter to voters?
Political debates aren't just about candidates performing well. They're an opportunity for voters to hear real answers, see how candidates think and engage in democracy.
Tony Gilroy on leaving the politics of 'Andor' behind for his 9-composer music drama 'Behemoth!'
Tony Gilroy’s “Behemoth!” | WWL
Tony Gilroy on leaving the politics of 'Andor' behind for his 9-composer music drama 'Behemoth!'
Tony Gilroy’s “Behemoth!” | KYW Newsradio
LGBTQ+ Gen Z Voters More Likely to See Climate, ICE, and Gaza as Urgent Issues
New data shines a light on the priorities of a large swath of young adult voters.
Italy’s Meloni follows pop stars in seeking to trademark her voice to combat AI deepfakes
Italian Premier Giorgia Meloni has applied to trademark her voice with the European Union intellectual property office in a bid to bolster protections against AI-generated deepfakes | KNSS Radio
Former ‘American Idol’ singer Caleb Flynn awaits sentencing for wife's murder
A former Ohio music pastor who appeared briefly on “American Idol” is set to be sentenced after a jury convicted him last week of murdering his wife while he was having an affair | Talk 1370
Former press secretary Karoline Leavitt lands her next gig: Fox News contributor
Former White House press secretary Karoline Leavitt is joining Fox News as an on-air contributor starting November 1 | WWJ Newsradio 950
Supreme Court rejects appeal over Michigan school's ban on ‘Let’s Go Brandon’ sweatshirts
The Supreme Court is rejecting an appeal from a Michigan woman challenging a school district’s ban on shirts with the phrase “Let’s Go Brandon.” | 830 WCCO
Supreme Court rejects appeal over Michigan school ban on ‘Let’s Go Brandon’ sweatshirts
The Supreme Court is rejecting an appeal from a Michigan woman challenging a school district’s ban on shirts with the phrase “Let’s Go Brandon.” | KNSS Radio
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
Michael Douglas on 'immortality,' Kirk Douglas and the memories he once avoided
Michael Douglas, the award-winning actor and producer, recently turned 82 and has released a memoir titled “One Helluva Ride.” | 830 WCCO
Michael Douglas on 'immortality,' Kirk Douglas and the memories he once avoided
Michael Douglas, the award-winning actor and producer, recently turned 82 and has released a memoir titled “One Helluva Ride.” | WWJ Newsradio 950
PEN America: Nearly 12,000 school book bans in a year, a record high
A new study from PEN America reveals that there were nearly 12,000 book bans in public schools over the past year, the highest since tracking began five years ago | WBBM Newsradio 780 AM & 105.9 FM
PEN America: Nearly 12,000 school book bans in a year, a record high
A new study from PEN America reveals that there were nearly 12,000 book bans in public schools over the past year, the highest since tracking began five years ago | Talk 1370
PEN America: Nearly 12,000 school book bans in a year, a record high
A new study from PEN America reveals that there were nearly 12,000 book bans in public schools over the past year, the highest since tracking began five years ago | KNSS Radio
PEN America: Nearly 12,000 school book bans in a year, a record high
A new study from PEN America reveals that there were nearly 12,000 book bans in public schools over the past year, the highest since tracking began five years ago | Talk Radio 1210 WPHT
PEN America: Nearly 12,000 school book bans in a year, a record high
A new study from PEN America reveals that there were nearly 12,000 book bans in public schools over the past year, the highest since tracking began five years ago | 1010 WINS
Pope Francis' diaries to be published next month, revealing reflections on Vatican years
Pope Francis' journal entries from his time in the Vatican and years before will be published this fall | WBBM Newsradio 780 AM & 105.9 FM
Pope Francis' diaries to be published next month, revealing reflections on Vatican years
Pope Francis' journal entries from his time in the Vatican and years before will be published this fall | Talk 1370
AtkinsRéalis on human-centric themed entertainment
AtkinsRéalis reveals how engineering, storytelling and strategy combine to create meaningful, lasting experiences in a fast-evolving market
Trump heads to Nebraska on Monday, where his plan to import more beef has angered ranchers
President Donald Trump is campaigning in Nebraska on Monday alongside GOP Sen. Pete Ricketts | News-Talk 1380 WAOK
A new Supreme Court term begins with cases on climate change, immigration and gun rights
The Supreme Court begins a new term Monday with significant cases on climate change, religious rights, and immigration | Newsradio 1140 WRVA
A new Supreme Court term begins with cases on climate change, immigration and gun rights
The Supreme Court begins a new term Monday with significant cases on climate change, religious rights, and immigration | News-Talk 1380 WAOK
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 | WWL
Jeffries says House Democrats reaching to flip Trump districts in attempt to repeat their 2018 sweep
House Democratic leader Hakeem Jeffries says his party is on track to win back control of the House | WWJ Newsradio 950
On cusp of merger, 'Digger bombs for Warner Bros., 'Verity' takes No. 1 at box office
On the cusp of the studio’s merger with Paramount, Warner Bros | 830 WCCO
On cusp of merger, 'Digger bombs for Warner Bros., 'Verity' takes No. 1 at box office
On the cusp of the studio’s merger with Paramount, Warner Bros | NewsRadio 1080 KRLD
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.
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Are you looking for wallet-friendly entertainment? Find out how a trip to the library can save you big bucks.
Free Columbus events with a library card. How the Culture Pass works
Are you looking for wallet-friendly entertainment? Find out how a trip to the library can save you big bucks.