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A lawsuit accuses Starbucks of mislabeling 8 'sugar-free' protein drinks
Starbucks is facing a consumer lawsuit over claims that the protein drinks labeled as “sugar-free” on its cafe menus may actually contain more sugar than a Reese’s peanut butter cup.
Doctors, insurers sue Newsom over health insurance premium increases
Doctors and health insurers have filed suit alleging Gov. Gavin Newsom and the California Legislature violated the law when they approved a healthcare tax that could substantially increase insurance premiums.
Doctors, insurers sue Newsom over health insurance premium increases
Doctors and health insurers have filed suit alleging Gov. Gavin Newsom and the California Legislature violated the law when they approved a healthcare tax that could substantially increase insurance premiums.
Doctors, insurers sue Newsom over health insurance premium increases
Doctors and health insurers have filed suit alleging Gov. Gavin Newsom and the California Legislature violated the law when they approved a healthcare tax that could substantially increase insurance premiums
How to Watch Law & Order Toronto: Criminal Intent Season 2 Premiere
Watch Law & Order Toronto: Criminal Intent live with TV channel, start time and streaming info. Stream Season 2 Premiere on Fubo — no cable required.
City panel advances $260M settlement in wrongful-conviction cases tied to disgraced cop
The city's law department has turned to mass settlements to resolve cases sooner, resulting in significant savings if the lawsuits reach trial.
Judge allows student IDs as fallback for NH voters
A federal judge ruled New Hampshire election officials may consider student IDs as voter identity evidence when no other ID is available, despite a law barring ...
ACC Coach Takes Shot at Penn State for Preseason Bias
Pat Narduzzi slams the Nittany Lions' unearned ranking, fueling the fiery debate over Big Ten favoritism and the flawed system of awarding prestige before kickoff.
Doctors, Insurers Sue Newsom over Health Insurance Premium Increases
In June, lawmakers passed a healthcare tax that could increase premiums in order to combat federal Medicaid cuts.
Democratic-led states sue Trump administration over childhood vaccine schedule
The lawsuit seeks to restore the recommended childhood vaccine schedule to protect against 18 diseases
Supreme Court weighs local governments' climate lawsuits against oil, gas firms
Key justices appeared wary about the potential sweep of litigation, but torn over the complex legal interplay of federal and state laws raised by the case
Supreme Court weighs local governments' climate lawsuits against oil, gas firms
Key justices appeared wary about the potential sweep of litigation, but torn over the complex legal interplay of federal and state laws raised by the case
Health officials issue urgent warning after four Utah deaths tied to herbal supplements
Utah health officials issued a public health warning after four deaths across the state were linked to certain herbal supplements, including kratom products and
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,…
How a controversial camera system is monitoring mental health patients
The Lampard Inquiry started back in September 2024 and I remember going to the first hearing in Chelmsford. Subscribe The bereaved families made placards of their loved ones, they stood outside in silence and then laid flowers to mark the moment. Now, two years on, in a process meant to last another two years, there’s been a development. Last week, we were told the chair, Baroness Lampard, pictured below, could be looking at making interim recommendations. Throughout the process, she has remarked that although this inquiry is looking at almost 2,000 people who were under the care of Essex mental health services from 2000-2023 when they died, the findings could have national implications for other trusts. ‘Records 24 hours a day in patient’s bedroom’ So why has this happened? One system that the inquiry is going to take a closer look at is a controversial monitoring system called Oxevision. It monitors some vital signs of patients remotely by using a camera placed in a room. It’s used by 40% of NHS mental health trusts. But campaigners, particularly the group Stop Oxevision, have asked for this technology to be removed from mental health wards as soon as possible. I spoke to a member, Hat Porter, today and they described to me what they thought this technology did and explained their concerns: “It records 24 hours a day and it’s located in a patient’s bedroom, which is obviously somewhere you’d usually expect to be a private place. “Our concerns are that the use of the technology has been has been kind of implemented as a substitute for proper in-person support, that it’s kind of over relied on and that there’s a lot of misunderstandings and that the presence of a camera, which has often been used without people’s consent, sometimes without even their knowledge, that that has a really big impact on privacy, dignity and human rights.” ‘Not sufficient’ I put it to them that the company behind Oxevision would dispute their claims about consent and in videos I’ve seen online from NHS trusts, they make it clear that the technology is complementary to trained staff and not a replacement. [ ](https://channel4news.substack.com/p/the-nottingham-inquiry-what-lessons) [ How the Nottingham inquiry shines a spotlight on other key mental health care failings ](https://channel4news.substack.com/p/the-nottingham-inquiry-what-lessons) Victoria Macdonald · Feb 12 [ Read full story ](https://channel4news.substack.com/p/the-nottingham-inquiry-what-lessons) A team of lawyers has been working on the inquiry and with bereaved family members who have concerns about this technology. I spoke to solicitor Priya Singh, from Hodge Jones & Allen, who made the point that questions usually asked by nurses would be missing from using devices like this. “It’s not sufficient to say, oh, the patient is moving around. Somebody must go in and say, are you okay? Are you distressed? Do you want help? Is there anything I can do? Share Channel 4 News “How are you spending your time? So I think a lot of our families cannot see the function of it when ultimately the patient should only really be observed when they’ve been prescribed to be observed, they can be observed more, but that more should really be happening face to face.” The Chair will hear evidence over the next two weeks and then a decision made after that, which could have national impact if she does decide this technology should be investigated or even removed. The Department of Health and Social Care said: “The Government is committed to ensuring that lessons are learned from the Lampard Inquiry to improve patient safety. “We are confident that the Inquiry will play an important role in identifying wider learnings for the health system following the tragic events in Essex and will contribute to improvements in patient safety.” We approached LIO Health, which runs Oxevision, for comment. Subscribe Share Channel 4 News Leave a comment
Massachusetts Governor Urges No Vote on Cannabis Prohibition Measure
Gov. Maura Healey said she opposes Question 8, a ballot measure that aims to wipe out the state’s adult-use legalization laws.
Amy Coney Barrett calls oil companies’ arguments ‘slippery’
Supreme Court Justice Amy Coney Barrett criticized fossil fuel companies as “a little slippery” in oral arguments over a lawsuit in which oil majors claim that federal law blocks states from suing them for climate change-related damages. Her comment came in arguments Monday in the case Suncor Energy v. County Commissioners of Boulder County, which […]
Supreme Court kicks off new term with major climate case
The Supreme Court returns for its new term on Monday, and oral arguments in a major case over the fate of a costly climate change lawsuit brought by Boulder County, Colorado, will kick off a term set to feature several blockbuster legal battles. Suncor Energy v. County Commissioners of Boulder County will decide whether a […]
Fox Tells DC Circ. Worker Wasn't Fired Over Leave, Politics
Fox News urged the D.C. Circuit to reject a former Capitol Hill producer's bid to revive claims that he was fired over his political views and use of sick leave, arguing he was terminated instead for insubordination and unprofessional conduct.
Supreme Court sounds wary of state-based climate change suits against oil producers
Oil and gas producers hope the Supreme Court will shut down scores of lawsuits over the impact of climate change.
Lewis Ginter Botanical Garden cancels health coverage for striking employees
Striking employees of the Lewis Ginter Botanical Garden are being removed from the nonprofit's healthcare plan, according to a letter from the garden. Lewis Ginter wrote to CBS 6: "The law does not require employers to continue paying wages or unaccrued benefits to striking workers who are not actively
#TenYearsAgo in Health Law - Petrie-Flom Center
Since January 2026, the “10 years ago” viral trend on social media — fueled by nostalgia and literal rose-colored glasses (ok, filters) — has tried to remind us of the allegedly simpler times of 2016.
Largest gift in Franklin College history to pay for new business and pre-law building
The college plans to build a two-story academic facility featuring a mock courtroom for pre-law students and an investment trading lab aimed at business majors.
Lawrence brothers take on missing ’90s stars in graphic novel, ‘The Lawrence Brothers Detective Agency’
Joey Lawrence and his brothers, Matthew and Andrew, take on missing ’90s stars and nostalgia prisons in the new graphic novel, ‘The Lawrence Brothers Detective Agency.’
New Dell System Update flaw lets hackers gain root privileges
Dell warned customers to patch a critical vulnerability in the System Update (DSU) command-line interface (CLI) deployment tool as soon as possible.
Pennsylvania lawmakers, advocates to introduce universal health care legislation
Pa. lawmakers, advocates to introduce universal health care legislation
'Here & Now' Highlights: Charles Franklin, Jason Stein
A month before the 2026 election, the Marquette Law School Poll shows candidates for governor neck-and-neck — poll director Charles Franklin explained where voters stand and why. Enrollment caps for ...
Dre Greenlaw says Sean Payton's "disrespect" motivated him on Sunday
2026 Outstanding Women in Business
The 18th annual Outstanding Women in Business awards recognize a dozen well-accomplished professionals from across the region and in many industries who go above and beyond. The committee selected the winners from more than 80 nominations, all of whom were worthy. The criteria evaluated each nominee’s professional achievements, community impact, ability to break the glass ceiling and mentorship of other professionals, particularly women. In addition to profiling these women in the following pages, the Worcester Business Journal will celebrate this year’s Outstanding Women in Business at a special luncheon on Oct. 28 at the College of the Holy Cross. To join the celebration of these exceptional women, visit WBJournal.com and register. – Mark Conti, editor This Year’s Judges Worcester Business Journal considered 54 Central Massachusetts professionals for the 2026 Outstanding Women in Business awards, based on 83 nominations. These nominees were independently evaluated by two volunteer judges, who scored each on their professional achievements, community contribution and mentorship of young professionals. Samantha P. McDonald is a partner at Bowditch. She is an experienced, client-focused real estate lawyer, concentrating on business and real estate property law. She has been recognized as a WBJ Power 100 in the Class of 2026 and a “Top Women of Law” in Massachusetts Lawyers Weekly. Dr. Kavita Babu is chief medical officer and vice president of medical affairs at Heywood Healthcare, where she provides strategic and clinical leadership to advance high-quality, patient-centered care across the organization. She is also a member of the WBJ Outstanding Women in Business Class of 2025.
Lexology Index Recognizes Five Hecker Fink Partners in 2026 Business Crime Defence Guide
Hecker Fink Partners Shawn Crowley, Jenna Dabbs, Mike Ferrara, Sean Hecker, and Amy Jeffress have been recognized in the Lexology Index guide for Business Crime Defence. The 2026 guide honors leading lawyers worldwide who “stand out among peers for their exceptional work representing companies, corporate officers, and individuals in criminal litigation arising from their business activities.”
Spooky season watchlist
In October 2024, I drove into Gambrill State Park after dusk and joined others carrying blankets and lawn chairs — flashlight streams lighting the road and parking lot — as
25 Years of Business Income Insurance Coverage Claims Since the Attacks of Sept. 11, 2001
The 9/11 attacks reshaped business income insurance, spurring decades of litigation over loss calculations, restoration periods, expert evidence, and terrorism coverage. These disputes continue to influence claims and policyholder protections after major catastrophes.
5 takeaways from Iowa lawmakers passing historic $1.4B tax breaks
Five key takeaways from the Iowa Legislature passing historic tax incentives for a $15 billion proposed steel mill.
CMS Mulls Cuts to Business Services Staff
CMS follows other law firms, such as Baker McKenzie and Clifford Chance, in seeking out savings in its back-office functions.
Three sheriff’s offices sign up for jail mental health hold reimbursements under new Wyoming law
The law allows the health department to pay jails for holding and treating people with mental illnesses while they await a bed at the state hospital.
Data centers become a new political battleground in Tennessee
As opposition grows, AI companies are spending heavily on campaigns and lobbying as data centers reshape Tennessee politics.
Data centers become a new political battleground in Tennessee
As opposition grows, AI companies are spending heavily on campaigns and lobbying as data centers reshape Tennessee politics.
Study: IL lawyers report mental health challenges, substance abuse, suicide ideation
(CAPITOL CITY NOW) - For many lawyers, the effects of the job can include declining mental health, substance abuse, problem gambling, suicide ideation, and even declining cognitive skills. These are the results of a survey of Illinois attorneys, "The Weight of Practice," commissioned by the Illinois Lawyers' Assistance Program. Factors include the stress of being
TV Tinsel: 'NCIS' franchise explores new territory in Big Apple
The long arm of naval law is stretching into the Big Apple as the new “NCIS: New York” premieres on CBS Tuesday and streams on Paramount+ Wednesday. The omnipresent “NCIS”
Lawrence Tech launches program to ease automakers’ reliance on rare earth materials
Lawrence Tech's Centrepolis Accelerator and USCAR are partnering to find critical material innovations to make the U.S. auto industry more competitive.
Lawyer recommends consultant for health department dysfunction
St. Clair County will hire a workplace consultant to address health department 'dysfunction' instead of an outside probe.
Deebo Samuel states 49ers ‘handled business' for Dre Greenlaw in win vs. Broncos
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.
Pub owner next to Jeff Daniels' new bistro says his business damaged
Pat Cleary, owner of Cleary's Pub in Chelsea, says construction of Jeff Daniels' JD's Stage Bistro next door has caused structural damage to his pub.
DV students win at FBLA National Leadership Conference
Students from Delaware Valley School District won top prizes at Future Business Leaders of America Inc.’s National Leadership Conference. The event, held in San Antonio from June 29 to July 2, attracted more than 16,000 middle school and h…
'All INdiana Politics': Albright and Forrestal battle for closely divided seat in Senate District 31
INDIANAPOLIS — One of Indiana’s most competitive Senate districts is the site of a high-stakes showdown as a family physician and a former sheriff vie for the seat vacated by Republican Sen. Kyle Walker. Senate District 31 covers Delaware and Fall Creek townships in Hamilton County, including most of Fishers, along with Lawrence and parts […]
Business owners and lawmakers disagree over Washington's 'millionaires tax'
Having a fine country time at WIOV-105\'s FallFest 2026 [photos]
In Lancaster County, the beginning of fall means country music. A lot of country music, with fans gathered in lawn chairs and on blankets in the open field of a
Health fair connects peninsula families to care close to home
ILWACO — Richelle De Villa didn’t come to Ocean Beach Health’s Community Health Fair alone. She brought six family members: her father, sister, brother, sister-in-law, and a niece and nephew, […]
Trevor Lawrence throws for 227 yards in Week 4
Jaguars QB Trevor Lawrence posts 227 yards and one TD in Week 4 win
Eagles fans react to new parking and tailgating rules
The Philadelphia Eagles announced new parking and tailgating rules, and some fans are not on board.
The politics of hypocrisy: How scandal is treated with selective outrage
Controversial candidates are fueling midterm frustration, exposing both parties’ selective outrage as they defend flawed nominees and warn the other side is worse.
Will Washington’s ‘millionaire tax’ drive people away? Business owners and lawmakers disagree
Supporters say the tax is needed to help fund education, tax credits for businesses and families, and other public programs. Opponents argue it could drive entrepreneurs, investors, and employers out of Washington.
Doctors, Insurers Sue Newsom Over Health Insurance Premium Increases
The California Medical Association and California Association of Health Plans say in a new lawsuit that a healthcare tax violates Proposition 35, passed by voters in 2024.
Election office says there’s enough evidence to investigate Weiser
The Colorado Secretary of State's Office says there's enough evidence to warrant an investigation into Attorney General Phil Weiser's compliance with campaign finance laws.
Bosnia votes as pro-Russian politician looms large and ethnic tensions simmer
Around 3.4 million voters are choosing the three members of the country's multi-ethnic presidency, lawmakers for the national Parliament and heads of institutions for the country's two entities.
All INdiana Politics: Albright and Forrestal battle for closely divided seat in Senate District 31
INDIANAPOLIS — One of Indiana’s most competitive Senate districts is the site of a high-stakes showdown as a family physician and a former sheriff vie for the seat vacated by Republican Sen. Kyle Walker. Senate District 31 covers Delaware and Fall Creek townships in Hamilton County, including most of Fishers, along with Lawrence and parts […]
Gypsy Rose Blanchard Is Advocating For Stricter Online Harassment Laws After Fiancé's Death
Ken Urker was found dead on his 34th birthday at his home in Louisiana.
The Science Behind a Simple Headache Trick People Swear By
A viral trend promoting the placement of hair claw clips on eyebrows has captivated millions seeking fast headache relief without prescription drugs. If you have spent any time scrolling social media lately, you have probably spotted people clamping plastic claw clips directly onto their faces. It looks like an eccentric comedy sketch, but videos demonstrating this unusual trick have racked up more than 9 million views. Desperate headache sufferers are flooding comment sections, calling the clip
California voters to decide Prop 45 to change how environmental laws impact key construction
California voters this November will decide Proposition 45, a measure that could change the state’s environmental laws to speed up construction projects such as housing, bridges, and clean energy infrastructure.
NC lawmakers call for special session of General Assembly to tackle high gas prices
Republican leaders in NC House and Senate announced Saturday that they plan to convene a special session to focus on gas prices.
Blue surge could breach Cascades in this Washington race
For more than 50 years, every Washington state lawmaker chosen to represent Chelan County has been a Republican. That might change in this November's election.
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.
OPEC+ agrees to keep November oil output targets steady
By Ahmad Ghaddar, Alex Lawler and Olesya Astakhova LONDON/MOSCOW, Oct 4 (Reuters) - OPEC+ agreed to keep oil production targets steady for November at a meeting on Sunday, the producer
Colorado’s mobster democracy
The issues on your ballot aren’t just questions about trains, taxes and spending. They are exhibits in a larger case: dishonesty, intimidation and political bullying have become standard operating procedure at the Colorado Capitol. The message from lawmakers is increasingly simple: Vote however you like — we’ll make sure it turns out the way we […]
At Supreme Court: Can oil companies be forced to pay for climate woes?
The outcome of the Colorado case could affect California's 2023 lawsuit against the five largest oil companies and other similar litigation.
Sherrill signs new law expanding mental health resources in schools
New Jersey Gov. Mikie Sherrill has signed the SPARK program into law. Read more about the new program and others offered to South Jersey residents.
Pols & Politics: White House launches website on the ‘real cost of Socialism’
The White House has launched a new webpage warning U.S. families of the “real cost of Socialism,” while state lawmakers prepare to take up proposed federal changes to the 2030 census this month.
Our take on Colorado’s 2026 ballot measures
Constitutional Amendment 81: Law enforcement reporting requirements to federal authorities Changes the state constitution. All such amendments need 55% to be enacted. Amendment 81 would amend the state constitution to require law enforcement to notify U.S. government immigration officials when they charge a person who is in the country illegally and the alleged offense is […]
Is Hims & Hers Health (HIMS) A Bargain After The Fraud Lawsuit Claims?
Hims & Hers Health (HIMS) is back in focus after a proposed securities fraud class action accused the telehealth provider of misleading investors about data sharing practices and prescription billing workflows. Recent price action for Hims & Hers Health has been choppy, with the share price slipping about 1% over the past day and week, climbing 4.7% over the past month, yet falling 24.2% across 90 days. The 1-year total shareholder return is down 44.8%, despite a very large 3-year gain that...
Trump’s spat with GOP lawmaker over Daylight Saving Time
President Donald Trump railed against Sen. Tom Cotton in a series of posts on Saturday, accusing the Arkansas Republican of holding up a bill that would make Daylight Saving Time permanent and encouraging people to call the senator at his cellphone number.
NC GOP leaders to call special session on fuel prices
The Senate and House Republican leaders have not set a date for lawmakers to return to Raleigh.
Kyle Shanahan explains why 49ers keep welcoming back former players
Deebo Samuel, Dre Greenlaw and Dante Pettis all returned to the 49ers after spent at least the past season on other teams.
Trump posts GOP lawmaker’s phone number amid spat over Daylight Saving Time
President Donald Trump railed against Sen. Tom Cotton in a series of posts on Saturday, accusing the Arkansas Republican of holding up a bill that would make Daylight Saving Time permanent and encouraging people to call the senator at his cellphone number.
Fulton County pairs deputies with mental health clinicians to help keep people in crisis out of jail
When a person is experiencing a mental health crisis, a call for help can bring law enforcement to the door. But in Fulton County, a new team is giving deputies another option before someone ends up in jail.
Doctors, insurers sue Newsom over health insurance premium increases
In June, lawmakers passed a healthcare tax that could increase premiums in order to combat federal Medicaid cuts. A new lawsuit says that tax violates Proposition 35, passed by voters in 2024.
Former UCF EDGE Lawrence Continues Productive Start to Rookie Season
Though he hasn't recorded a sack, Dallas's first-round pick leads all rookies in pass rush win rate by translating his versatile UCF skill set to the professional stage.
Opinion | Opinion: What the Cornell Lawsuit Reveals About Sexual Violence in America
The columnist David French argues that “we have privileged getting wasted over taking care of people.”
Change to bankruptcy law may help speed up, give relief to small biz
Small businesses may get an easier path to restructure their debt faster while offering greater flexibility in negotiating with creditors under a change in law waiting President Trump's approval.
Top Rutgers Health officials shielded from NJ conflict of interest law
Gov. Mikie Sherrill signed a law exempting top Rutgers Health officials from revealing payments earned from its affiliate, RWJ Barnabas.
Antitrust lawsuit against Mission, HCA hits roadblock
A North Carolina judge denied class certification in a lawsuit accusing the healthcare company of anticompetitive business practice.
Justice Department asks court to let Trump reinstate White House press ban
The Justice Department argued that President Donald Trump should be allowed to reinstate his White House ban of CNN, MS NOW and Politico in a court filing late Friday ahead of a hearing next week in the lawsuit from the news companies.
Doctors, insurers sue Newsom over health insurance premium increases
Doctors and health insurers filed a lawsuit Friday alleging Gov. Gavin Newsom and the Legislature violated the law when they approved a healthcare tax that could substantially increase insurance premiums for Californians.
Lawmakers probe allegations that NC health officials used false information to secure Medicaid funds
GOP lawmakers in NC say they are looking into allegations that state health officials used false information to secure federal funding for a Medicaid technology overhaul. The claims were made in a lawsuit that has since been dismissed. The state auditor has revived an audit into the project.
Southport fire chief files lawsuit against Novant Health after mother’s fatal fall
Southport’s fire chief has filed a wrongful-death lawsuit against Novant Health and an attending doctor, alleging hospital staff ignored warnings that his 67-year-old mother was at high risk of falling before a fatal bathroom fall triggered an untreated brain bleed.
Book Talk: Curl up with one of 2026’s thrilling mysteries
As Denton enters spooky season, Book Talk columnist Jean Greenlaw rounds up mysteries and thrillers from this year.
Small Business Administration Update on New Rules for Small Business Size Standards - Law Offices of Snell & Wilmer
By Brett W. Johnson, Carrie Schaffer, and Hannah Wolf1 Recently, the U.S. Small Business Administration (SBA) provided notice of a proposed rule, Small Business Size Standards, that would fundamentally restructure how the federal government defines a “small business.” The rule proposes new size standards for 338 industry groups and industries.2 On that same day, the […]
Siekerka Urges NJ Businesses to Check with Lawyers Regarding Stringent Independent Contractor Rules
In the wake of the New Jersey Department of Labor and Workforce Development implementing the most stringent interpretation of the ABC test determining
Shaping the Future of Global Health: 'Go Healthy with Taiwan 2026' Unveils Top 20 Innovators from 62 Nations
TAIPEI, Taiwan, October 02, 2026--The "Go Healthy with Taiwan 2026" global proposal campaign has selected 20 semifinalists from 832 proposals across 62 countries, with two more rounds of selection still to come. The 20 shortlisted teams hail from 16 countries worldwide, including Australia, Brazil, Canada, Ethiopia, France, India, Israel, Japan, Malawi, New Zealand, Philippines, Poland, Spain, Tunisia, Ukraine, and U.S.A., fully demonstrating strong international diversity and innovative energy.
As Trump's proposed arch looms over D.C., protesters pin their hopes on the midterms
Democratic lawmakers, veterans and concerned citizens gathered in Memorial Circle to protest the arch Trump wants to build there. Their hopes lie primarily in a lawsuit and next month's midterms.
Data privacy lawsuit, subsidies for childcare staff: CT politics news
Plus: Schools get funding toward special ed and addressing attendance, while CT outpaces rest of New England in second quarter GDP growth.
Troy council passes law setting standards for use of Flock cameras
One provision requires the city to delete all data from the license plate reader (LPR) technology within 72 hours.
Richland County law enforcement considers mental health alternative over arrests
The Richland County Sheriff’s Department is beginning a partnership with the Mental Illness Recovery Center, Inc. (MIRCI) to guide its Law Enforcement Assisted Deflection (LEAD) program.
Vote no on Prop 45 to Protect California’s environment and public health
This November, California voters will have a chance to push back against President Trump’s attacks on our clean air and water, public health, and open space by voting NO on Proposition 45. This deceptive ballot initiative is a 41-page recipe for pollution and sprawl. It would weaken California’s bedrock environmental law and make it easier to build data centers, warehouses and other polluting projects – with severely limited public oversight.
Politics Unusual: Governor's race, NY consent laws
In this episode of Politics Unusual, FOX 5 NY's political reporter Morgan McKay speaks with Nassau County Executive Bruce Blakeman about his campaign for the governor's office. Also, a conversation with NYS Assemblymember Catalina Cruz about New York's consent laws.
Doctors, insurers sue Newsom over health insurance premium increases
California lawmakers passed a healthcare tax in June that could increase premiums by $100 annually, but groups representing doctors and insurers say it violates the law.
Mission Health antitrust lawsuit heads toward settlement
Agreement in principle could end yearslong legal fight over health care competition in Western North Carolina
O'Neill Institute Announces New Leadership and Two New Centers, Ushering in a Dynamic New Era for Health Law
Bert Brandenburg joins as Executive Director, Liz Stokes as Managing Director, alongside launch of new centers on AI and Women’s Health WASHINGTON, D.C... October 2, 2026 — The O’Neill Institute
Dolly Parton's nephew wants more time to defend himself against restraining order from her estate
Dolly Parton’s nephew, Bryan Seaver, is seeking more time to secure a lawyer in a legal battle involving a restraining order taken out by her estate | Talk 1370
Part of Capitol complex in downtown Sacramento evacuated due to threat
California lawmakers are not currently in session, but construction crews and legislative employees were at the site.