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Sigma's Lightweight 85mm f/1.2 Art Is Official, But Canon RF Shooters Are Out in the Cold
Sigma’s official 85mm f/1.2 DG Art lens hits E and L mounts for $1,599; utperforming Canon’s $2,799 RF lens in weight, bokeh blades, and edge resolution.
Logitech launches $99 MX Keypad for coding and AI workflows
Programmable physical controls are becoming key to power user workflows, including agentic programming. Now Logitech is bringing to market a...
Sigma 85mm f/1.2 DG Art Review: Sigma is the Alpha This Time
Sigma beat everyone to the punch. If you have been waiting for an f/1.2 portrait lens for E-mount or L-mount, wait no longer.
Nearly 8 years after liquor vote, Winnebago sees new business growth
Nearly eight years after Winnebago voters opened the door to liquor sales village-wide, residents and local businesses say the decision helped change where people eat, drink and spend time in the community.
9to5Mac Overtime 080: Six new Apple products
Fernando connects from IFA in Berlin to discuss Apple’s forthcoming iPhone Ultra, alongside the five other products that will be...
Oil rises as risks of prolonged Mideast conflict heighten supply worries
Oil prices extended gains on Tuesday as risks of a prolonged conflict in the Middle East grew after Iran threatened to retaliate against any new U.S. attacks on its assets, heightening worries over supply disruption.
Grand Canyon businesses face post-flood cancellations
Grand Canyon businesses face financial strain after severe flash flooding. FOX 10's Megan Spector hears from a local owner feeling the impacts.
Africa’s strongest military concludes air war exercise with China featuring simulated enemy strikes and acrobatic fighter jet maneuvers
Since August 22, Business Insider Africa has reported extensively on the joint military air training dubbed Eagles of Civilization 2026
Riverhead Town Board roundup: Town votes in favor of $1.95M offer to acquire the LI Science Center on East Main Street
The Riverhead Town Board voted to issue a $1.95 million appraisal offer to the Long Island Science Center for its East Main Street building in the downtown.
Carmen Electra opens up about her return to ‘Playboy’ three decades after first spread
Carmen Electra is opening up about her return to ‘Playboy’ 30 years after her first spread and following ‘over 150’ covers worldwide: ‘I’m kind of collecting bunny costumes at this point.’
iPhone 18 Pro appears to show new colors in a retail store, but likely fake
A video shared by a leaker with some track record appears to show two of the new iPhone 18 Pro...
All of the best Apple Labor Day deals 9to5Mac
Labor Day 2026 has arrived and you have less than 24 hours left to get in on the massive Amazon...
Farm, restaurant, social organization: See 23 latest business, apartment, land sales ($976 to $3.5M)
See a list of property sales in Onondaga County other than residential homes.
'Scoring goals always lifts some weight off your shoulders'
Liverpool striker Alexander Isak says scoring twice in Friday's win at Ipswich "lifts some weight" off his shoulders. Lats summer's £125m signing struggled with form and injuries during his first season with the Reds, but fired past Kjell Scherpen twice inside the opening nine minutes at Portman Road to take his tally to three in three at the start of this campaign. "Winning our first game of the season was very important and I'm happy to be on the scoresheet twice," Isak said.
Trump is running out of time as he tries to restrict mail voting
Two swing states are sending ballots, and other states plan to send theirs soon.
Excerpt from Spencer Cox’s ‘Off Ramp’: Stopping the spiral of retribution
How to be a peacemaker in an age of contempt
Riverhead closer to taking over Long Island Science Center property
The vacant department store, officials said, threatens Riverhead's town square project.
Georgia football handles business, record heat in win season-opening victory
Georgia rolled to a 63-3 victory over Tennessee State in Athens on Saturday, getting three early touchdowns from RB Nate Frazier and strong play from QB Gunner Stockton.
Here's how iPhone Ultra's form factor could compare to other Apple products
This month, Apple will be unveiling its first foldable iPhone – rumored to be called iPhone Ultra. It’s going to...
Fernandez Could Be Key To Serious Man City Challenge
Manchester City’s decision to equal the British transfer record of £125m to sign Enzo Fernández feels like far more than the acquisition of another elite footballer. It is a statement about where ...
After years of defying the odds, California's David Valadao faces new test as Latinos turn on Trump
Republican congressman David Valadao has defied the odds before, winning elections in California districts with big Democratic registration advantages.
US phases out $45M annual support for Namibia HIV program
The United States plans to phase out financial support for Namibia's HIV response programs.
US phases out $45M annual support for Namibia HIV program
The United States plans to phase out financial support for Namibia's HIV response programs.
All of the best Apple Labor Day weekend deals 9to5Mac
Labor Day weekend is here with massive sale events now live at both Amazon and Best Buy, joined by the...
Meet the American herbalist and wellness founder turning her personal health journey into a global herbal brand with roots in Africa
What began as a personal search for better answers to persistent health challenges would eventually take Jessica Divine far beyond her own wellness journey, leading her to build a global herbal business with growing ties to Africa
Primm braces for booming Labor Day business
Visitors return to Primm Valley Resort as Terrible's takes over operations.
Over 13,000 Central Virginia homes, businesses without power due to storms
Over 13,000 Central Virginia homes and businesses are without power Friday night due to severe storms.
Local businesses cash in on Texas A&M football season
As Texas A&M kicks off its season, hotels and boutiques in College Station and Bryan say gameday weekends are their biggest moneymakers of the year.
St. Mary’s County Gets $3.5M To Expand Health Care Access
St. Mary’s County received more than $3.5 million to launch St. Mary’s 360, connecting residents with medical care, behavioral health, telehealth and other services.
Trinity Health announces $6.5M expansion, including new Allendale office
In a $6.5 million expansion, Trinity Health West Michigan Medical Group has added cardiovascular services near Rockford and will soon open a new primary care location in Allendale Township.
$25M federal grant to upgrade technology, expand high-speed internet for rural health clinics
A major investment has been announced that will modernize Michigan healthcare.
Leaked iPhone roadmap reveals plans for larger foldable, ‘biggest overhaul,’ more
Apple is launching new iPhones next week, and a Bloomberg report today details what to expect from those models as...
Xbox imposes monthly strict hour limits on cloud gaming
Another not-great headline for Xbox.
PRIMA raises $5M to turn hot tables into a referral business
Miami-based PRIMA wants to change that. The hospitality booking platform has raised a $5 million seed round to expand its performance-based referral network
Apple working on new surround sound, Party Mode features for HomePod
Apple has several new HomePod features in development, based on new code references discovered in audioOS 27. The code seemingly...
Maresca on 'winner' Fernandez, Doku's fitness and a 'complete' squad
Manchester City boss Enzo Maresca has been speaking to the media before Saturday's Premier League game against Coventry City at Etihad Stadium (kick-off 15:00 BST). On the latest team news, Maresca confirmed Matheus Nunes is back and will be in the squad but Jeremy Doku remains out. On whether deadline day £125m signing Enzo Fernandez will be included, he said: "Enzo is ready."
Switchboard Health Acquires Livara Health to Integrate Value-Based Musculoskeletal Care
Acquisition Brings Livara’s Virtual MSK Care Model Onto Switchboard’s Specialty Care Platform; Closes $5M+ Round of Funding Switchboard Health, creators
Kerolin Nicoli move signals Barcelona’s new transfer ambition
Barcelona have signed Brazilian forward Kerolin Nicoli, 26, from Manchester City for a reported £1.25m, according to Sky Sports. The fee is the highest ever received for a Women’s Super League play...
'About average:' Maryland health officials warn about increase in rabid animal incidents
A dead fox picked by Baltimore City Animal Control is the latest in a series of rabid animals incidents across the state, including a rabid kitten bite, aggressive raccoon and bat encounters, and multiple beaver attacks.
Hurzeler on 'Baby Rodri', Minteh and transfer dreams
Brighton boss Fabian Hurzeler has been speaking to the media before Saturday's Premier League game against Leeds United at Amex Stadium (kick-off 15:00 BST). Deadline-day signings Chema Andres, a £15.5m arrival from Stuttgart, and Femi Azeez, who joined from Millwall in a deal worth up to £15m, are both "great characters".
One of the region's largest public companies completes $315M acquisition
Hillman Solutions expands into industrial fasteners with $315 million acquisition of Illinois-based Kanebridge Corp.
How synthetic turf and a $5M new HQ are reshaping baseball league owner’s business
The USPBL is looking beyond baseball as it looks to bring in additional revenue.
VIDEO: Campbell Opens $15M Health and Community Development Center
Explore the new Campbell Health and Community Development Center, a $15 million investment uniting health care, education, and resources.
OFFICIAL: Ibrahim Mbaye makes Aston Villa move for €55m
Ibrahim Mbaye has finally completed his Aston Villa move, ending his association with PSG just as he was starting to earn more games.If you enjoy PSG Talk coverage and want to see more of it, add us a...
Juventus switch 'could play to Woltemade's strengths'
Football journalist Julien Laurens believes playing in Serie A "could work and play to Nick Woltemade strengths", with the Newcastle forward having joined Juventus on a season-long loan deal. Germany international Woltemade joined the Magpies last summer but has struggled to bed into the Premier League. Juventus will pay Newcastle a £3.5m loan fee for Woltemade, but do not have the option to buy the 24-year-old.
DaVita settles ransomware attack lawsuit for $15M
The 2025 data breach exposed records on 2.7 million patients. The cybercrime syndicate Interlock claimed credit for the attack, posting its stolen bounty on the dark web shortly after the incident.
$3.35M available for O‘ahu businesses affected by Kona Low storms
The O‘ahu Kona Low Business Recovery Program is a new grant program from the state Department of Business, Economic Development and Tourism that's being…
Closing a 200-year-old institution will wound both the city and science
The oldest museum of its kind in the nation, it has inspired generations of science enthusiasts. Drexel must find a way to preserve it, writes a Philadelphia-area science journalist.
Pacific Science Center Secures Historic $5.25M Grant from The Muglia Family Foundation to Offset State Funding Losses to 'Science on Wheels'
Pacific Science Center (PacSci) announced a $5.25 million grant from The Laura Ellen and Robert Muglia Family Foundation to sustain Science on Wheels, PacSci's outreach program bringing hands-on STEM learning to schools and communities across Washington State. It is one of the largest gifts in PacSci's history and one of the first major grants from The Muglia Family Foundation since it formalized its grantmaking in late 2025.
Coins, cards and buildings: Where the government has Trump’s name and face
President Donald Trump’s administration has put his name on more than a dozen buildings, documents, government items and programs during his second term.
Apple’s big roadmap for new Mac and iPad models revealed: report
A new report from Omdia offers fresh details on Apple’s roadmap for new Mac and iPad models in the years ahead. Here’s what it says is coming.
GoodRx offers health subscription for families, to launch as employee benefit in 2027
GoodRx, a prescription drug savings site, announced on Thursday a family healthcare subscription for access to common medical services and over 250 medications, and it plans to launch the program as part of employer health benefits in 2027.
Leaker claims iPhone 18 Pro chip will have 7 GPU cores and faster RAM
A Chinese leaker with some track record has posted images of claimed circuit diagrams of the upcoming iPhone 18 Pro...
Apple paying 400% more for iPhone 18 Pro memory, says TrendForce
A new market intelligence report suggests that Apple will be paying four times more for iPhone 18 Pro memory than...
AI learns nature’s code: Allen Institute, UW and Fred Hutch launch $95M open science initiative
Three of Seattle's top scientific institutions are launching a nearly $95 million research initiative that will generate data and train AI models to design proteins and genes that don't exist in nature — sharing the results freely to help others develop new medicines and materials.
Chinese e-commerce moves to next phase after delivery price war changes shopping habits
China's meal-delivery subsidy war may have ebbed but its biggest legacy could be a shift in consumer expectations, as electronics, flowers and even medicine can now be delivered within an hour of ordering.
Imaging artificial intelligence vendor Elucid raises $55M
The Boston AI firm touted the “oversubscribed” Series D funding round, which included participation from an unnamed, publicly traded medical technology firm.
Palm Bay plans new business park in mostly undeveloped compound
Palm Bay's Phoenix Business Park gets $4.5M for infrastructure, aiming for 960K sq ft of industrial/aerospace space.
Anthropic upgrades Claude's computer use to run in the background on Mac
While computer use isn’t new for Claude on the desktop, running it in the background is a nice upgrade. Anthropic...
iPhone 18 Pro will have three upgrades that have been rumored for years
iPhone 18 Pro launches next week, and expected to feature three upgrades that have been rumored for years. Here’s what’s coming.
Entertainment Arts (OTC: EARI) plans sale of 600 million new shares—how much cash could it bring in?
Offering covers 600M shares at $0.005, with estimated $2.775M net to EARI. Filing shows a $4.18M stockholders’ deficit and no revenue for the period.
Farage compares standards inquiry to investigations faced by fellow ‘outsider’ Trump
Reform UK leader dismisses criticism of his failure to register £5m gift as a sign of a ‘complainants’ society’
Fall vaccine guide: What to know about covid, flu and RSV shots this year
Influenza, covid-19 and RSV are expected to send hundreds of thousands of Americans to the hospital this fall.
Siri AI won't be your friend, and here's why that really matters
Elon University has partnered with The Washington Post to conduct what turned out to be a worrying survey about Americans...
Leakers battle over whether third iPhone 18 Pro color will be silver or black
Based on a whole succession of leaks, there’s a clear consensus view on two of the three colors we can...
Apple tells Mac App Store developers they can now drop Intel support
Apple started informing developers today that universal macOS apps on the Mac App Store that require macOS 13 or later...
Deadline day: Enzo Fernandez makes £125m Manchester City move
Manchester City have equalled the British transfer record by signing Chelsea midfielder Enzo Fernandez for £125 million ($169 million) at the end of a dramatic deadline day in the Premier League. From title contenders to relegation candidates, teams across the division spent big to bolster their squads before summer window closed at 11 pm (2200 GMT) on Tuesday.
All kinds of entertainment on the midway at the Champlain Valley Fair
From art to music to games, rides and more, you can find it all this year at the Champlain Valley Fair. Our Tia Trudgeon has a few of the highlights.
Health Brief: Health care’s December pileup
Congress bought itself a few more months on government funding, but lawmakers are already stacking up health care fights for the end of the year.
Maine health clinics say state failed to pay nearly $6.5M cost-of-living increase
The state health department said there was no funding appropriated for this year's adjustment.
New iPhone Ultra details arrive for specs, multitasking, launch timing, more
A new Tom’s Guide interview with Mark Gurman has fresh details on what to expect from iPhone Ultra’s specs, software, launch timing, and more.
Apple Watch Series 12: Three new features coming next week
Apple Watch Series 12 is coming next week at the September event, here are three new features rumored for the next-generation model.
CT senior living facility changes hands for $68.25M
American Healthcare REIT purchased The Residences at Westport, at 1141 Post Road East, on Aug. 6, property records show.
Here are iPhone 18 Pro’s new colors, says leaker
iPhone 18 Pro will be unveiled next week, and a new post from a reputable Weibo leaker names three new colors expected to debut.
Gabriel Jesus: Arsenal forward completes Barcelona transfer in £8.6m deal on Deadline Day
Gabriel Jesus leaves Arsenal having scored 32 goals in 123 appearances for Arsenal since his £45m move from Manchester City in 2022; Jesus move is not expected to impact Barcelonas desire to sign Julian Alvarez
Arteta builds on firm foundations - still business to be done?
Arsenal have one of the best squads in Europe. The Gunners spent £250m last summer, bringing in eight players as they won the Premier League, and have already spent about £200m this year, turning Piero Hincapie's loan deal into a permanent one (£34.5m), signing Bruno Guimaraes from Newcastle United (£75m), Christos Tzolis from Club Brugge (£34m) and Ezri Konsa from Aston Villa (£55m).
iPhone Ultra release timing: Here’s what the latest reporting says
Apple will unveil its foldable iPhone Ultra next week at the September event, here’s what to expect from release timing after that.
iOS 27 beta 8 now available as Apple tests major Siri AI upgrade
Apple has released the eighth iOS 27 beta for developer testing. iOS 27 beta 8 continues Apple’s summer beta cycle...
AirPods 5: Here’s what rumors say will launch next week
Rumors indicate AirPods 5 are launching next week alongside iPhone 18 Pro and more, here’s what we know so far about the new AirPods.
Michael Bloomberg honors his late parents with $155 million donation
Michael Bloomberg donated $155M to Museum of Science Boston. Plus, Ballmer gave $125M for children's behavioral health research.
iPhone 18 Pro is coming: Here’s what’s new with each model
iPhone 18 Pro will be unveiled next week, with new Pro and Pro Max models debuting. Here’s what rumors say is new with each model.
Bradley Barcola transfer news: Liverpool complete £123m signing of France winger from PSG
Bradley Barcola joins Liverpool for a fee potentially rising to £123m; France winger becomes clubs second most expensive purchase behind £125m deal for Alexander Isak from Newcastle in 2025; Barcola follows Victor Munoz and Ronald Araujo into Anfield this summer
Liverpool complete £106m Bradley Barcola signing from PSG
Liverpool have completed the signing of Bradley Barcola from Paris Saint-Germain in a deal worth an initial £106million (€125m), ending their long pursuit of the France international.The agreement ...
CarPlay keeps getting better with three recent exciting app updates
CarPlay is about to get even better with iOS 27 in September. New features including a dedicated Siri app and...
Trump still teases a third presidential run, but he's talking more and more about life after 2028
Donald Trump frequently hints at a third presidential run, even wearing 2028 campaign hats.
Plan to cut number of polling sites in a major Texas county draws protests as Senate race looms
Plans in one of Texas’ largest counties to use dozens fewer polling location than previous years is drawing protests from Democrats who say the reductions could create confusion in the November midterm elections.
Apple reportedly considered launching a new Apple Pencil for iPhone Ultra
Apple’s first foldable iPhone should be making its debut in just over a week. In the development process, Apple was...
Report: Apple Watch Series 12 may feature always-on heart-rate tracking, new Fitness app
According to Bloomberg’s Mark Gurman, Apple has a couple new features in the pipeline for Apple Watch Series 12 and...
Healthcare data breach exposes 3.75M patient records
The CareCloud data breach exposed Social Security numbers, banking information and medical records belonging to more than 3.75 million people.
Colorado Sues EarnIn For “Immoral, Unethical, Oppressive and Unscrupulous” Business Practices
Hey all, Jason here. When this hits your inbox, I should be en route to the airport — not to go anywhere myself, just to pick up my better half. I must admit, it’s been strange to be home alone (well, with two dogs) for two weeks! Really lets me “optimize” to spending more time on reading/writing/working, whether that’s healthy or not! Looking forward to getting back into a (somewhat) more balance routine. Subscribe or Support by Upgrading Compare Notes With the People Who Built Modern Fintech Partner content: Remitly CEO Sebastian Gunningham. Increase founder Darragh Buckley. Linda Du, Co-founder & President at Valon. They’ll unpack the decisions behind building and scaling major financial products: what they got right, what broke, what they would do differently, and how AI and new infrastructure are changing the operator playbook. Most events tell you where fintech is going. NerdCon puts the people who built the present in the room and asks them what comes next. Expect an operator-led conversation grounded in real products, real trade-offs and lessons earned the hard way. Fintech Business Weekly readers save 20% on Regular tickets with code FBW20 before standard pricing ends September 11. Meet the Builders Things To Know & Other Good Reads Advent and Stripe Abandon $50 Billion Pursuit of PayPal (Bloomberg) Trump Family’s New Crypto Bank Is Backed by Abu Dhabi Sheikh (Wall Street Journal) The multiplying risks of financing data centres (FT) Let the Bond Market Speak (Wall Street Journal) Did we waste a crisis? Modest proposals to reform deposit insurance. (Fintech Takes Banking) Untangling Guggenheim: How Private Credit Built Its Own Universe (Net Interest) The Hater’s Guide To Circular Financing — Part One (Ed Zitron) Fiat Ventures Rebrands to FGV Capital, Announces $35M Oversubscribed Fund II (BusinessWire) Socure Announces Strategic Growth Investment at $5.2B Valuation and Acquires Agentic Operations Platform Fravity (Socure) Listen: When Consumer Protection Disclosures Work Too Well (Consumer Finance Monitor Podcast) Colorado Sues EarnIn For “Immoral, Unethical, Oppressive and Unscrupulous” Business Practices When Andreessen Horowitz led EarnIn’s $39 million Series B in 2017, Alex Rampell, a partner at the storied venture capital firm, described EarnIn’s small-dollar advance product as “free,” relying on “entirely on voluntary contributions instead of fees.” Rampell favorably compared EarnIn’s approach to typical payday loans, writing, “Payday loans historically have had the potential to be a slippery slope for consumers into financial distress: opaque systems and steep fees that are hard to repay and set individuals back further than where they started. For many Americans living paycheck to paycheck, that kind of slide into debt can be extremely difficult to recover from.” But EarnIn’s product — which, the company says, isn’t a “loan,” legally speaking — ends up being anything but free for most users. While it is technically possible to take a no-fee advance from the company, most users incur “Lightning Speed” (instant funding) fees and/or ostensibly optional tips that combined can equate to annualized percent rates that can reach over 1,000%. With an average term of 9.77 days, even fees and tips that are small on an absolute dollar basis are equivalent to high APRs on an annualized basis. A lawsuit filed last week by Colorado Attorney General Phil Weiser against EarnIn describes the company and its product and business practices quite differently than Andreessen’s Rampell; “EarnIn’s business practices are unfair because they are immoral, unethical, oppressive and unscrupulous,” the complaint, filed in District Court in Denver, Colorado, says. EarnIn’s marquee product, Cash Out, isn’t a loan, the company says, as Cash Out is not “[f]orward [l]ooking” because “[t]he money is transferred based on earnings to date,” does not carry a mandatory fee to access funds, and is “non-recourse,” meaning EarnIn cannot pursue recovery from users who don’t repay advanced funds. EarnIn is sometimes referred to as an “Earned Wage Advance” service. Though, unlike some others in the broader category, EarnIn does not integrate with employers’ payroll or time and attendance systems. Rather, EarnIn attempts to verify a user’s income and employment, by examining direct deposit transaction data in their linked external bank account, by using GPS location and Bluetooth data to estimate a user’s time spent at work, if they work in a fixed location, and/or by having a user provided a work email address. While repayment is theoretically optional, as EarnIn would have no recourse, such as reporting non-payment to the credit bureaus or a collections agency, this is anything but clear to users of the EarnIn app, Colorado’s complaint argues. During the process of taking a Cash Out, users must agree to a preauthorized debit of the amount advanced, plus any expedited funding fee and/or tips. Though users technically can revoke this ACH authorization, the fact that they have this right isn’t presented to users during the Cash Out process, but rather is included in linked terms and conditions few users are likely to actually read. And users who do wish to revoke their ACH authorization must do so three or more days before the scheduled transaction date by emailing EarnIn’s customer support. Similarly, EarnIn’s marketing claims that it carries “no interest” and “no mandatory fees” is technically true, but is not the reality for many of the app’s users, the Colorado complaint argues. Further, EarnIn has extensively marketed to users the ability to “access your pay today,” to get “instant” funds, and to get funds “the same day you work” — when, in reality, this speed of access was only possible by paying the additional, undisclosed Lightning Speed fee. The Colorado complaint highlights this contradiction specifically, noting: EarnIn tells consumers that they can ‘Make any day payday with EarnIn’ and that there no ‘hidden’ or ‘mandatory fees.’ For a consumer to access their pay on the same day requested, they would have to pay the Lightning Speed fee. In the fine print of the advertisement EarnIn discloses that ‘[f]ees apply to use Lightning Speed,’ a direct contradiction to the larger text of the advertisement, and a fact that would not be immediately understood by a consumer as ‘Lightning Speed’ is not defined nor explained. Like other small-dollar lending services, rather than explicitly charge interest, EarnIn collects a markup on the optional Lighting Speed fee, which, given the nature of the transactions, many users opt for, as well as offering users the option to leave “tips.” EarnIn leverages either Real-Time Payments (RTP) rails or push-to-card via debit rails if a user opts for the optional Lightning Speed. But while these capabilities cost EarnIn, on average, $0.075 or $0.20 per transaction, respectively, EarnIn charges users significantly more. Initially, EarnIn charged as little as $1.99 for Cash Outs up to $24. But EarnIn has hiked these fees multiple times, and now charges $4.99 for Cash Outs up to $75 and $6.99 for those over $75. According to the Colorado complaint, EarnIn leverages “dark patterns” to manipulate users and to make it more difficult to avoid tipping. Examples of these “road blocks” highlighted in the complaint include: As of 2023, in the EarnIn app, a consumer attempting to get a loan under the default settings had to make at least eighteen separate taps to complete the transaction and reduce the tip to $0. There is an alternative method to leave a $0 tip, via the “Custom tip” feature, but EarnIn made this option difficult to access by visually deemphasizing it and positioning it near devices’ “home” button. Using language and imagery such as “Tip to pay it forward,” “Your generosity supports the service + helps,” “Your tips make a difference,” and “[t]he APR for this cash out is 0%. Your tips help support us.” While Lightning Speed and tipping are, in theory, both optional, in practice, users nearly always ended up paying something. According to the Colorado suit, users were charged either a tip or an expedite fee for more than 92% of transactions, with an average APR of nearly 388%. And, although the advances are “non-recourse,” EarnIn successfully collects on nearly all transactions — 99.18%, according to the complaint, which, Colorado argues, “demonstrat[es] that EarnIn’s advances function as high cost loans, not voluntary payments.” The share of EarnIn users incurring fees — despite the product being marketed as 0% APR — is hard to reconcile with Andreessen investor Rampell’s favorable description of EarnIn vs. “opaque systems and steep fees” associated with payday loans, which, Rampell says, can be “extremely difficult” for borrowers to extricate themselves from. According to Colorado’s suit, EarnIn’s Cash Out product “trapped many consumers in extreme cycles of high-cost reborrowing.” The suit gives an example of one consumer in the state, who took out a whopping 1,151 loans, paying a total of $4,038.50 in Lightning Speed expedited funding fees on loans that averaged the equivalent of 1,421% APR. Another Colorado user, the suit says, took out 1,033 loans, paying $8,561.22 in tips and fees at an average APR of 1,539% . These types of usage patterns demonstrate “the severe and repeated financial harm caused by EarnIn’s illegal lending model,” the Colorado complaint argues. In aggregate, from January 2023 through July 2025, EarnIn extended 3.1 million loans to 56,778 users in Colorado — an average of nearly 55 transactions per person during the time period. EarnIn lent more than $300 million and collected more than $16 million from Colorado users in Lightning Speed fees and in tips. Ultimately, the Colorado complaint argues that “EarnIn’s Cash Outs are loans under Colorado law, and EarnIn’s contention that its product is not a loan based on its disclaimer of any legal repayment obligation lacks any real-world significance given how the Cash Out transactions actually operate in practice.” Colorado further argues that “EarnIn was not working with companies here in providing consumers with funds but acted as a third-party lender and charged illegally high rates, used deceptive design strategies to extract some charges, and trapped consumers in repeat borrowing. Colorado will continue to stand up for consumers and hold companies accountable when they violate our credit laws or attempt to evade them through misleading practices.” Colorado’s suit alleges EarnIn assesses finance charge in excess of that permitted by Colorado law, that EarnIn failed to make legally required disclosures to Colorado borrowers, that EarnIn made supervised loans to consumers without obtaining the requisite license, that EarnIn violated the state’s Deferred Deposit Loan Act, that EarnIn engage in unfair and deceptive trade practices, and that EarnIn made false or misleading statements concerning price. The suit seeks a court order enjoining EarnIn from violating relevant Colorado laws, for EarnIn to refund amounts charged in excess of state law, fees, costs, and penalties, and other relief the court deems to be just. 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. Q2 Quarterly Banking Profile: Five Quick Takeaways The FDIC released its quarterly banking profile, which is always worth a read, for the second quarter. The profile provides an aggregate snapshot about the overall health of the 4,238 institutions whose deposits are insured by the FDIC, who, collectively, hold more than $26 trillion in assets and saw a total net income of more than $90 billion in the second quarter. Net income was up 12% vs. Q1 2026, with lower provisions and realized gains on securities helping to drive the improvement, somewhat offset by increases in non-interest expense and applicable income taxes. Overall net interest margin was basically flat quarter over quarter (up 1 basis point vs. Q1 2026), though community banks saw NIM grow by 10 basis points, to 3.81%. Unsurprisingly, given that interest rates haven’t changed, unrealized losses on securities changed little, edging up slightly to $326.7 billion vs. $325.1 billion in Q1 2026. Aggregate credit quality has remained benign, with asset quality actually improving slightly in Q2. Overall, institutions reported a 9 basis point decline in their past-due and non-accrual rate, to 1.44%. Net charge off rate also declined by 2 basis points, to 0.57%. And finally, the FDIC’s deposit insurance fund stands at $161.1 billion, making the DIF reserve ratio 1.48% — above the statutory minimum of 1.35%, but still below the designated target reserve ratio of 2%. [Paid Subscriber Exclusive] Nissan Withdraws ILC App, State Associations Plan BankChain Alliance, FDIC Defines “Unsafe or Unsound Practice” For First Time Automaker Nissan withdrew its application to charter a Utah industrial loan company and its corresponding application to the FDIC for deposit insurance last week, on August 19th. Nissan’s application had been outstanding for more than a year, as it originally applied in June 2025. Recent applications to the OCC to form national banks have been decisioned, one way or the other, substantially more quickly than has historically been the case.
Arms and the £5m man: Farage megadonor Christopher Harborne’s military empire
Reform UK denies donor and crypto-billionaire’s global interests in arms and military could present a conflict of interest over its defence spending policy
Asking Eric: Mandatory mental health days stress this employee out
Letter writer’s company encourages taking an annual day off to hang out with co-workers outside of the office.
Stream Team Workshop to help educators bring water science into classroom
Educators looking to add hands-on environmental science to their curriculum will have an opportunity to learn about Arkansas’ Stream Team program next month at the Fred Berry Crooked Creek Nature Center. The Stream Team Professional Development
Perry Township business set to reopen after vehicle crashed into building
Sweet T’s Cafe, a restaurant and bakery in Perry Township, is set to reopen after a vehicle crashed into the front of the business.
Kentucky health officials warn of potential measles exposures
Health officials have identified potential exposures in Richmond and Olive Hill
Fox Cities businesses take on healthy living challenge ahead of marathon weekend
Local businesses are turning marathon weekend into a team-building challenge less than a month before the Community First Fox Cities Marathon Weekend, presented by Miron Construction.
Analysis: Encouraging signs for new boss Jaissle
Newcastle fans may well have found themselves in the opposite position to Spurs supporters before the campaign had started - fearful of what was coming. Tonali was one of three key departures from St James' Park, along with captain Bruno Guimaraes, who went to Arsenal for £85m this month, and England winger Anthony Gordon after his £69m move to Barcelona. Manager Eddie Howe left on 31 July after nearly five successful years, which included guiding the Magpies to their first domestic trophy in 70 years with victory in the 2025 Carabao Cup.
Apple will be launching its first pair of smart glasses next year: Here's what's coming
As soon as next year, Apple will be debuting its first pair of AI-powered smart glasses. They’ll integrate Visual Intelligence...
Amazon is selling a $315 luxury Seiko watch for $209
It has 100 meters of water resistance.
LGBTQ people struggle to get needed health care and pay for it, study finds
LGBTQ+ people spend much more on health insurance than the rest of the population, according to a new study.