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Las Vegas Arts District business pushes for safe space for teens after 15-year-old dies in shooting
Advocates call for youth spaces after deadly First Friday shooting
Las Vegas Arts District business pushes for safe space for teens after 15-year-old dies in shooting
Advocates call for youth spaces after deadly First Friday shooting
Las Vegas Arts District business pushes for safe space for teens after 15-year-old dies in shooting
Advocates call for youth spaces after deadly First Friday shooting
Las Vegas Arts District business pushes for safe space for teens after 15-year-old dies in shooting
Advocates call for youth spaces after deadly First Friday shooting
Las Vegas Arts District business pushes for safe space for teens after 15-year-old dies in shooting
Advocates call for youth spaces after deadly First Friday shooting
Las Vegas Arts District business pushes for safe space for teens after 15-year-old dies in shooting
Advocates call for youth spaces after deadly First Friday shooting
Las Vegas Arts District business pushes for safe space for teens after 15-year-old dies in shooting
Advocates call for youth spaces after deadly First Friday shooting
Las Vegas Arts District business pushes for safe space for teens after 15-year-old dies in shooting
Advocates call for youth spaces after deadly First Friday shooting
Eagles flying to London for game vs. Jaguars on Friday, leaving little time to adjust after Rams' issues in Australia
Apple Announces iPhone Duo Apps Can Now Be Submitted to App Store
Apple today announced that apps optimized for the iPhone Duo can now be submitted for App Store approval, ahead of the foldable device launching on Friday, October 23. While existing App Store apps will automatically run on the iPhone Duo, only apps built with the iOS 27.1 SDK or later can dynamically resize to fill the entire space of the inner display, whereas unoptimized apps will have black borders.
After FBI departure, Andrew Bailey says his focus is not on 2028
Andrew Bailey walked out of the J. Edgar Hoover Building in Washington, D.C. Friday and was back in Missouri watching his son play football Saturday, ending a roughly 13-month stint as co-deputy director of the FBI.
Yankees, Rays name ALDS Game 3 starting pitchers
Max Fried and Nick Martinez will get the ball in the pivotal ALDS game in New York.
5 faith-filled, family-friendly movies streaming this fall
For viewers looking for faith-filled and family-friendly entertainment as the weather cools down, here are five films making their way to streaming platforms, with stories of faith and courage
CAS inducts seven into Hall of Fame
The College of Arts and Sciences (CAS) inducted seven distinguished members of the CAS community into its Hall of Fame on Friday, September 18.
A Political Brain Trust in an Upper West Side Building
Dick Gottfried and Ruth Messinger. Photo by Saul Dennis. By Saul Dennis Artists. Politicians. Actors. Chefs. Philosophers. Captains of industry,
Iowa Legislature expands MEGA program, creating path for steel plant incentive
During a special session on Friday, the Iowa Legislature expanded the Major Economic Growth Attraction (MEGA) program, paving the way for a tax incentive for Mesabi Metallics to construct a steel plant in Lee County. Gov. Kim Reynolds signed the bill into law on Friday. The MEGA program, administered through the Iowa Economic Development Authority,…
Michael Douglas recalls shocking response from friends after cancer diagnosis
Michael Douglas says his cancer diagnosis revealed how few people in his life would check in.
Houston high school football: Week 6 takeaways and top performers
Landen Williams-Callis is passing Texas high school football legends, Friendswood is off to its best start in 16 years, Bridgeland is surging toward another district title run.
A Health Influencer Claims He Has Been Drinking Radioactive Water For 250 Days Straight, To A Frightening 13.5 Thousand Likes
If you don't know why this is a bad idea, let us tell you about radiation, Radithor, or the tragic case of Eben Byers.
Michael Douglas recalls painful response from friends after cancer diagnosis
Michael Douglas says his cancer diagnosis revealed how few people in his life would check in.
Hoptoberfest and Art Walk combined for art, entertainment, and fun
COLDWATER, MI. - Downtown Coldwater was filled with hundreds of visitors Friday evening, Oct. 2, as Hoptoberfest and the annual Art Walk combined to create an evening of art, entertainment, and fun.
Misericordia University to Host Healthcare Symposium with Presenting Sponsor Geisinger
Misericordia University’s College of Health Sciences and Education, with Geisinger as Presenting Sponsor, will host the 2026 Healthcare Symposium, “Connected Care: Aligning Education, Innovation & Community Health,” on Friday, Oct. 23, from 8 a.m. to 5 p.m. in Lemmond Theater on the University’s Dallas campus.
Seedy K’s Pigskin Palaver: House of Cards & Much Mo’
Ah yes, October; the pigskin campaign is morphing more fully developed. And, fully enveloping. This week, there’s a football game on every single night. Not just the more traditional Thursday, Friday, Saturday, Sunday, Monday. Because Draft Kings and Fan Duel and The World Wide Leader need content, we get Southern Miss and Troy on Tuesday, […]
Answering Your Questions as Padres Near Disastrous End to Season
The San Diego Padres are inches away from total collapse, digging themselves into an 0-2 hole against the Milwaukee Brewers. They'll now turn home to a raucous Petco Park crowd with the hopes that they can stave off execution. The postseason allows for some insane turns of fortune. Could the Friars be the next recipient …
Stephen King and Peter Straub’s Other Worlds Than These Will Break Your Heart
‘The Talisman’ finale is an emotional adventure story, resurrecting old friends, forgotten memories, and vanished worlds.
USA vs. Canada: How to watch, stream international friendly
Two of Concacaf's elite teams clash Tuesday evening when the United States host Canada at Allianz Field, home of Minnesota United FC.How to watch & streamUSA: TNT, truTV, HBO Max, Universo, PeacockCan...
Eminem and Kid Rock Preach Political Unity After Years on Opposite Sides
Eminem and Kid Rock found common ground despite their political differences. The longtime friends reunited for “7 Sins,” a new track that Kid Rock said could offer a lesson about staying connected des...
Jeffries says House Democrats aiming to repeat 2018 sweep by flipping Trump districts
The Democratic Party is working to expand the map by going on offense in Republican-held districts, while President Donald Trump hits the trail in a red-state sprint to boost voter enthusiasm and shore up support from his base.
Chimpanzees steal less pineapple from their friends
The new research sheds more light on the evolutionary origins of friendship.
Seattle-area businesses feel sting of ‘obscene diesel prices’
In Washington, the average cost for a gallon of diesel was around $7.37 Friday, according to the American Automobile Association, almost $2.50 more than a year ago.
Business Beat : Halloween activities planned at the Branch County Fairgrounds
COLDWATER, MI (WTVB) - The Branch County Fairgrounds will host a pair of family-friendly Halloween events this...
What Holding Eye Contact While Someone Speaks Really Reveals About Your Psychology, According to Science
You are mid-conversation with a friend, nodding along, and suddenly you wonder: am I looking at them too much? Or not enough? Most of us treat eye contact like an automatic reflex – something we either do or don’t, without thinking twice. But researchers say the way you hold someone’s gaze while they speak is...
Reclaiming 'Health Sovereignty': EU Gastein Forum Confronts A Fragmenting Global Order
Health, long treated as a sanctuary of diplomatic consensus, has entered an era of high politics and ideological division. Leading the closing panel of the EU Health Forum Gastein (EHFG) on Friday (2 October), session chair Ilona Kickbusch, founder of the Global Health Centre at the Graduate Institute in Geneva, highlighted how recent votes at the UN General Assembly demonstrate that nation-states increasingly split and vote instead of searching for consensus.
Jobs in health care. Jobs for women. The US labour market is segmenting. Chernobyl’s radiation and Lenin’s love of literature.
Thank you for opening your Chartbook email. Elmer Bischoff, Two Figures at the Seashore, 1957 The only really dynamic job-creator in the US economy is health care: The largest crunch has come in Federal government, which has shed 2.7 m jobs. Source: tchouvkov on Twitter Tech is struggling. [ Joey Politano 🏳️🌈@JosephPolitano The US tech sector continues bleeding jobs in official data released today—overall, employment decreased by 17k last month and is down 69k over the last year That's nearly as bad as the worst of the 2024 tech-cession, and much worse than the 2022 boom or even pre-2020 norms 12:42 PM · Oct 2, 2026 · 15.2K Views 15 Replies · 47 Reposts · 390 Likes ](https://x.com/JosephPolitano/status/2106001807847940232?s=20) The new jobs are all for women. [ Justin Wolfers@JustinWolfers I'm not sure who saw this coming, but so far nearly all the jobs created during the second Trump administration have gone to women. 1:09 PM · Oct 2, 2026 · 33K Views 70 Replies · 146 Reposts · 644 Likes ](https://x.com/JustinWolfers/status/2106008723533533601?s=20) Meanwhile, real wages are being eaten up by modest over-target inflation. [ Heather Long@byHeatherLong The financial pain is real: Wage growth fell to 3% (y/y) in September. That's the lowest in 5 years. Wage growth: 3% Inflation: ~3.4% Inflation has eaten up all wage gains for the average worker since April. Many people are having to make hard choices about what to buy and what … 1:24 PM · Oct 2, 2026 · 37K Views 24 Replies · 275 Reposts · 533 Likes ](https://x.com/byHeatherLong/status/2106012367712620728?s=20) HEY READERS, THANK YOU for opening the Chartbook email. I hope it brightens your day. I enjoy putting out the newsletter, but tbh, what keeps this flow going is the generosity of those readers who clicked the subscription button. If you are persuaded to click, please consider the annual subscription of $60. It is both better value for you and a much better deal for me, as it involves only one credit card charge. Why feed the payments companies if we don’t have to. Subscribe Elmer Bischoff, Bathers, 1960 Americans are disillusioned with higher ed. For contributing subscribers only. Subscribe Where the Chernobyl radiation went. h/t Simon Kuestenmacher aka simongerman600 How Lenin’s love of literature shaped the Russian Revolution - Tariq Ali This, then, was the intellectual atmosphere in which Lenin came of age. His father, a highly cultured conservative, was the chief inspector of schools in his region and much respected as an educationalist. At home, Shakespeare, Goethe and Pushkin, among others, were read aloud on Sunday afternoons. It was impossible for the Ulyanov family – “Lenin” was a pseudonym adopted to outwit the tsarist secret police – to escape high culture. At high school, Lenin fell in love with Latin. His headteacher had high hopes that he might become a philologist and Latin scholar. History willed otherwise, but Lenin’s passion for Latin, and taste for the classics, never left him. He read Virgil, Ovid, Horace and Juvenal in the original, as well as Roman senatorial orations. He devoured Goethe during his two decades in exile, reading and rereading Faust many times. Lenin put his knowledge of the classics to good use in the time leading up to the October revolution of 1917. In April of that year, he broke with Russian social-democratic orthodoxy and, in a set of radical theses, called for a socialist revolution in Russia. A number of his own close comrades denounced him. In a sharp riposte, Lenin quoted Mephistopheles from Goethe’s masterwork: “Theory, my friend, is grey, but green is the eternal tree of life.” Source: The Guardian Elmer Bischoff, The River, 1953 If you’ve scrolled this far, you know you want to click: Subscribe
Northwest Arkansas growing pains, national concerns top issues at Springdale political gathering
Rain and overcast skies didn’t dampen the mood at the annual Chickin, Peelin’ & Politickin’ event Thursday at Springdale’s Shiloh Square as residents, business owners and elected officials networked over plates of fried chicken and shrimp.
Silicon Valley hottest funding source: the Bank of Best Friends
As big money deals in venture capital dry up, tech founders are asking mom, dad, and friends to open their wallets.
Africa’s Ghost Plants: Why Scientists Are Digitizing Centuries of Botanical History
Scientists in biodiversity-rich countries are using digitized plant records to identify rare species and inform what gets protected.
Students, politicians gather on Beinecke to protest Trump negotiations
On Friday afternoon, protesters marched to Beinecke Plaza, where they convened with Connecticut politicians, including Sen. Richard Blumenthal LAW ’73, to urge Yale administrators against settling a federal investigation into its admissions practices.
Rules analyst reveals game-changing referee mistake
Earlier this season, the Michigan Wolverines benefited from a controversial replay decision that put one more second on the clock, allowing for one last heave at the end zone, only for governing bodies to later conclude that protocol was not correctly followed. A similar situation happened this week at the FCS level. During Friday night’s…
Greater Rochester Chamber of Commerce, Rochester Mental Health Alliance to Host "Building Your Bank of Resilience" on 11/17
The Greater Rochester Chamber of Commerce and the Rochester Mental Health Alliance will be hosting “Building Your Bank of Resilience”, a community discussion featuring Dr. Naomi Hall and Recovery Friendly Workplace, on November 17, 2026, from 8:00 am to 9:30 am. Read the flyer below for additional details.
US authorities detain Nicaraguan political exiles stripped of citizenship, raising fears of deportation
Human Rights Watch (HRW) on Friday reported that US immigration authorities detained 8 Nicaraguan exiles who were previously granted protected status in 2023 after fleeing political prosecution. On Fe...
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.
Miles College Honors Master P, Announces Economic Mobility Initiative at Inaugural Business and Research Conference
Special to the Times Miles College hosted its first Judge U.W. Clemon Center Business & Research Conference on Friday, during Homecoming 2026, bringing together Alabama leaders and nationally r…
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
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
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.
Scientists Find a Surprising Link Between Cats And Happiness Across 93 Countries
A purr-fect pet friend?
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.
Valkyries' Natalie Nakase takes steps to monitor her health after on-court scare
Golden State head coach Natalie Nakase addressed the causes of her on-court collapse late in the Valkyries' series-clinching win Friday, and measures she's taking for her health.
Valkyries’ Natalie Nakase takes steps to monitor health after scare
Golden State head coach Natalie Nakase addressed the causes of her on-court collapse late in the Valkyries’ series-clinching win Friday, and measures she’s taking for her health.
NC's voter registration deadline nearing
Friday is the deadline for regular registration to vote in this year’s midterm elections.
3 Questions For Rockets Preseason Opener In Macao
NBA preseason is already underway. Likely MVP candidate Giannis Antetokounmpo has made his unofficial debut for the Miami Heat. Houston Rockets fans will have to wait until Friday, October 9th for their team to play the Dallas Mavericks in Macao. Here are three questions they should look out for when that time comes. 3 Questions …
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.
National team’s next matches! Everything on November’s international break
The Brazilian National Team already has its next commitments set to wrap up the 2026 calendar.During the November FIFA window, the team coached by Carlo Ancelotti will play two friendlies in Asia, bot...
A place for moms: It’s a match
The 27-question survey focused on current experiences with making friends, community connections and loneliness. It also gauged interest and willingness to meet for one-on-one mom matching based on things like logistics, availability,…
Washington Wizards Hold First Scrimmage of 2026 Training Camp
After a light practice on Friday, the Washington Wizards hosted a scrimmage inside CareFirst Arena on Saturday afternoon
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.
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.
High school sports roundup for Oct. 2-3, 2026
Friday, Oct. 2 Football Edmonds-Woodway defeated Lynnwood 48-6 Nathan Schlack scored three touchdowns and the Edmonds-Woodway Warriors defense held the Lynnwood Royals to 37 yards of total offense as the […]
Teens on target again as USA down Mexico 3-0
Cavan Sullivan became the youngest US international goalscorer in history as the United States defeated arch-rivals Mexico 3-0 in a friendly international in Arizona on Saturday.The United States completed the scoring in the 84th minute when Malik Tillman latched onto a poor Mexico backpass and smashed a shot into the top corner for 3-0. rcw/pbt
High school flag football: Friday and Saturday scores
CIF City Section and Southern Section high school girls' flag football scores for games played on Friday and Saturday.
New Business Manager Appointed at Phelps-Clifton Springs School
Dan Friday is the new Phelps-Clifton Springs CSD business manager. He joins from East Rochester CSD, succeeding Karl Dubash, who took a role at Pittsford CSD.
Arts District reeling after deadly First Friday shooting; some business owners say event should end
One dead and two injured after gunfire during First Friday anniversary
Suspect at large after man stabbed outside Northeast Side restaurant, police say
San Antonio police say a disturbance outside a business escalated into a stabbing Friday night. The victim was hospitalized as the suspect fled, briefly reentered the building, and remains at large.
Simon Edvinsson Reportedly Prefers Trade From Red Wings
Elliotte Friedman reports Simon Edvinsson prefers to be traded by the Detroit Red Wings as his contract standoff takes a dramatic turn.
Food and entertainment combine for Octoberfest fun
Food, face painting, live music, inflatables and yard games combined for a family-friendly atmosphere Saturday during Octoberfest at Meineke Park in Schaumburg. The Mackenzie O'Brien kicked off the li...
Outsider country star makes wild, unforgettable return to Seattle
The locked-in country star was in a wildman's groove Friday when he played Seattle proper for the first time in years.
Tyler Childers goes wild in overdue Seattle show
The locked-in country star was in a wildman's groove Friday when he played Seattle proper for the first time in years.
TENNESSEE LADY VOLS VOLLEYBALL: Gators dominate in three sets
No. 11 Tennessee volleyball dropped a three-set match on the road against No. 7 Florida (22-25, 18-25, 23-25) on Friday evening.
Mt. Joy plays Madison for student mental health awareness
Mt. Joy performed for UW-Madison students on Thursday as a part of Future Friends, a campus-centric mental health nonprofit.
The second annual Grand Strand Chef’s Table event returns to Myrtle Beach
The Horry Georgetown Technical College’s International Culinary Institute of Myrtle Beach is ready to host the second annual Grand Strand Chef’s Table event on Friday, Oct. 16.
Trump to give $90 to senior citizens for Medicare premiums
President Donald Trump said late Friday he will give around 20 million senior citizens $90 each to help pay for their Medicare Part B premiums, marking his latest effort to dole out funds to certain Americans weeks before the midterm elections.
Kid Rock Wants to Show Friendship Triumphs Over Politics With New Eminem Collaboration
On his new Christian rock album Halfway to Jesus, Kid Rock wanted to show friendship exists beyond politics with his collaboration with Eminem.
Trey Smith on his blocking approach to accommodate running backs
During Friday's press conference, Kansas City Chiefs OL Trey Smith addressed his blocking approach to accommodate running backs | @EdEastonJr
Padres’ hitters must carry momentum into Milwaukee
After early-season struggles, the Friars’ bats came alive in the second half and sustained the momentum into October.
FOX4 Game of the Week: Kearney vs. St. Pius X
FOX4 went to St. Pius X High School on Friday night for another edition of our "Game of the Week."
Thrilling Indiana high school football game marred by postgame shooting in parking lot
The shooting occurred in a parking lot Friday night after the game had come to an end.
Sanders helps open Arkansas Forest Health Research Center
MONTICELLO — Gov. Sarah Huckabee Sanders, U.S. Rep. Bruce Westerman and other state leaders helped the University of Arkansas at Monticello open the Arkansas Forest Health Research Center on Friday (Oct. 2). The center is located next to the Fine Arts Center at the school, which is home to the state’s only college of forestry. […]
North Country Sports Scoreboard: Saturday, October 2, 2026
Let’s take a look at Friday's sports scoreboard.
Syracuse Football Fans Upset With Program's Social Media Post
Orange fans did not appreciate a Friday social media post by the team that seemed to target fans on Friday.
Friendly defeat in the international break
2-1 loss to FC Blau-Weiß LinzAs part of the opening of a new sports facility in Pischelsdorf, our Red Bulls played a friendly match there against FC Blau-Weiß Linz. The clash with the 2. Liga leader...
‘Brave from the beginning’: 20 years of Friday Night Lights – the sports drama that dared to be different
It launched the careers of Jesse Plemons and Michael B Drama, and let its stars improvise in a way that was fresh and new. This show about smalltown US football was confident, trailblazing – and wonderful
Wizards Notes: Bilal Coulibaly's Shot, Carrington's Comments
Notes from Friday's practice for the Washington Wizards on Bilal Coulibaly's improved shot, Deandre Ayton's impact and Bub Carrington's comments
An evening of acoustic folk and bluegrass
Aitkin County Friends of the Arts will present an evening of acoustic folk, bluegrass and ambient music featuring LaPlant Road, Kelley Smith and Everybird from 6-9 p.m. on Saturday, Oct.
Rockford area football scores from Friday, October 2, 2026
Here are the high school football results for games in the Rockford area on Friday night, October 2.
Africa’s young entrepreneurs have great ideas. What they need is capital and business support
Africa’s young entrepreneurs need early capital, practical support and access to markets.
Hardee’s Friday Night Blitz Week 6
THURSDAY, OCTOBER 1 (3-3)BLACKSBURG 34, (3-3)CAVE SPRING 27 (5-0)WILLIAM BYRD 40, (4-1)RADFORD 35 (5-1)AUBURN 34, (0-6)GILES 14 (4-1)THOMAS JEFFERSON-RICHMOND 14, (4-1)HERITAGE 7 FRIDAY, OCTOBER 2 (5-0)ROANOKE CATHOLIC 18, ST. FRANCIS ACADEMY 2 FORK UNION 35, (2-4)NORTH CROSS 33 (5-1)PARRY MCCLUER 43, (0-5)SMITH MOUNTAIN LAKE CHRISTIAN 21 (3-2)ALTAVISTA 55, (2-4)DAN RIVER 7 (3-3)APPOMATTOX 49, (2-3)CHATHAM 7 […]
All Byron all night against previously undefeated Du-Pec Rivermen
You typically don't expect a running clock in a game between two 6-0 teams, but then Byron isn't just any 6-0 team. The Tigers are an orange and black machine and that machine was on full display Friday as Byron defeated the Du-Pec Rivermen 59-0.
Can House Democrats stay unified next year? It may be up to one man
Internal divisions have dragged House Speaker Mike Johnson down for months. On the verge of power, can Hakeem Jeffries avoid the same fate?
Rajasthan Royals star creates history, surpasses Chris Gayle for highest T20 score
Lhuan-dre Pretorius has made T20 cricket history with his phenomenal score of 188 runs off 79 balls while playing for the Titans against the Knights. This feat breaks Chris Gayle's former record of 175 runs, showcasing Pretorius's exceptional talent as he maintained a striking rate of 237.97. His recent century for South Africa further underscores his remarkable consistency and prowess on the field.
Boylan upends Auburn for its first win of the season
The Boylan Titans earned their first win of the season and their first win under new head coach Joel Beard Friday night by defeating Auburn 27-6.
Clemson president among those asking for adjustments to Protect College Sports Act
SPARTANBURG, SC(WSPA)–Clemson president Ben Ayers was among four ACC presidents to sign a letter addressed to U.S. House Speaker Mike Johnson asking for adjustments to the Protect College Sports Act now before his body, the website Tomahawk Nation reported Friday night. The letter advocates changing expansion language in the PCSA bill that passed the senate […]
Ryan Field’s debut delivers a major moment for Northwestern football
The Wildcats opened their long-awaited new home Friday night with a charged atmosphere, an announced sellout crowd and the type of performance David Braun believes can propel the program forward.
Green Bay-area high school sports results for Friday, Oct. 2
High school football teams were in action in Week 7.
Appleton-area high school sports results for Friday, Oct. 2
High school football teams were in action in Week 7.
The political walking dead: Germany’s zombie chancellor
A string of poor election results has left Friedrich Merz with unprecedentedly low approval ratings