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Visited Massachusetts town that's better than Salem: Beverly

Instead of visiting Salem, Massachusetts, I suggest checking out Beverly, a less-crowded alternative with great food and amazing Halloween decor.

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Oct 10 • 10:07 AM EDT • Business • businessinsider.com
October brings trunk or treats, games, carnivals, Boo at the Zoo

Find family-friendly Halloween fun in El Paso with this list of pumpkin patches, carnivals and zoo events.

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Oct 10 • 10:00 AM EDT • Entertainment • elpasotimes.com
FDA may allow some toxic chemicals to be added to food without safety review. Experts are alarmed

Regulator looks to expand loophole to allow dangerous compounds in food as long as they’re not carcinogenic

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Oct 10 • 8:00 AM EDT • Health • theguardian.com
Battenfeld: Maura Healey’s Trump tactic is why Americans hate politics

The incumbent Massachusetts governor was allowed by a weak moderator to dodge every question. The late, legendary Tim Russert would never have tolerated that.

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Oct 10 • 5:52 AM EDT • Politics • bostonherald.com
Family friendly spooky science event set for Oct. 17

SHERIDAN — A family-friendly Halloween event is scheduled for Oct. 17.

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Oct 10 • 4:00 AM EDT • Science • thesheridanpress.com
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Winnipeg Jets’ Blowout Loss Comes With Bizarre Statistical Twist

The Winnipeg Jets suffered a blowout loss on Friday night to the Anaheim Ducks in a game that, on paper, looked like it would be closer.When a team loses 5-1, the assumption is that they allowed a lot of shots on goal and didn’t generate many themselves. In Friday night’s loss to Anaheim, the Jets […] The post Winnipeg Jets’ Blowout Loss Comes With Bizarre Statistical Twist appeared first on HEAVY.

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Oct 10 • 2:47 AM EDT • Sports • sports.yahoo.com
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AG Blanche, other high-level DOJ appointees can take part in political campaigns, memo says

The Justice Department has loosened the guidelines for the attorney general and other senior ​political appointees, allowing them to participate in political activities.

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Oct 10 • 12:57 AM EDT • Politics • cbsnews.com
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Valley businesses make superhero capes for sick kids

Fresno businesses are creating superhero capes for Valley Children’s patients as Tangram Interiors brings back its Halloween campaign.

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Oct 9 • 7:36 PM EDT • Business • thebusinessjournal.com
Halloween-themed science exhibit in Pocatello seeking volunteers

POCATELLO – An annual science exhibit that offers students a fun, spooky-themed, hands-on learning experience needs more volunteers to staff it. The 2026 Haunted Science Laboratory, a family-friendly, interactive science exhibit full of interactive demonstrations, will have its public day on Oct. 24, but field trips will begin on Thursday, Oct. 15. With this day […]

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Oct 9 • 6:46 PM EDT • Science • eastidahonews.com
Netflix’s Summer of Bummer

(Welcome to the Entertainment Strategy Guy, a newsletter on the entertainment industry and business strategy. I write a weekly Streaming Ratings Report and a bi-weekly strategy column, along with occasional deep dives into other topics, like today’s article. Please subscribe.) Today, I’ve got a guest post from longtime friend of the newsletter, Brandon Katz. I’ve been trying to find time all summer to look at Netflix’s straight-to-streaming film slate, but between a pre-planned trip and Nielsen moving up their streaming data timeline, I’ve been swamped. So I reached out to Brandon, one of my favorite fellow analysts, to write about it. And I feel like he captured the tone and data focus of the newsletter perfectly. You can connect with Brandon on LinkedIn and Twitter. Enjoy! Don’t worry, folks. You’re in safe hands with me. To ease any anxieties about an interloper in ESG’s domain, I’ll start by stealing one of his best framing devices: headlines. Box office flops are covered in the same way the Teenage Mutant Ninja Turtles eye pizza: with cartoonish insatiability. I would know. I’m a former reporter who wrote nearly identical headlines: Yet, intentionally or not, streaming misses get treated with kids gloves, filtered through a rosy lens: In the last six years, U.S. streaming viewership has become nearly as transparent as the box office, but the data often arrives weeks later, in a number of less intuitive metrics, and with nary an official budget to be found. This plays into the Wall Street-whispering narratives major streamers have been cultivating for years. They get a pass in a way that theatrical studios simply don’t. Subscribe Netflix’s Summer Slate Not a single Netflix original film released between May and August this year opened above 20 million U.S. TV hours, per Nielsen. That benchmark usually serves as the EntStrategyGuy’s floor for a streaming hit on Netflix. None of these films enjoyed a hit-cementing single week of 20-plus million hours during their runs. Netflix’s two best films were true crime docs, Maternal Instinct (16.5 million hours) and The Crash (19.7 million), the best overall week for a film this summer. Great for most other streamers, but not necessarily what we’re used to seeing from Netflix. For an overly-dramatic comparison, Happy Gilmore 2 opened last summer to around 47 million hours (celebrity cameos, baby!). Zooming out, the picture looks even worse. In 2026, Netflix’s five biggest scripted summer films posted the lowest average (28.6 million hours) and median (28.8 million hours) eight-week viewership totals of the past four years. Now, it’s unrealistic and unfair to expect Netflix to deliver a _KPop Demon Hunters-_sized hit every year. But it’s also not ideal to see the size of their hits shrinking over the last few summers. Let’s quickly run through some of the notable summer misses. Jennifer Lopez and Brett Goldstein’s perfectly fine romcom, Office Romance, fell off the charts after 20 million hours in its first two weeks. Top films usually last for four-plus weeks. Starry titles ideally don’t decay that fast either. Homegrown star Millie Bobby Brown couldn’t prevent the snappy Enola Holmes franchise from diminishing returns. At 14.3 million U.S. hours, the third film posted roughly half of what the first two films did in their first two weeks. What’s on Netflix calculated that per-day global views were down nearly 60% from the second movie. The Whisper Man did okay with more than 36 million hours over its first four weeks. But I expected a little more juice from a film featuring Robert De Niro, Michelle Monaghan, and Adam Scott. Kevin Hart’s Ladies First collected just 11.2 million hours total across two weeks. That’s a big miss for one of Netflix’s go-to stars. Plopping into the same bucket are Sunny Sandler’s Don’t Say Good Luck (10.3 million in two weeks) and John Cena’s Little Brother (17.5 million). Meanwhile, English-language originals Color Book (June 19), In the Hand of Dante (June 24) and Heartstopper Forever (July 17) never sniffed Nielsen’s Top 10 at all, despite needing only 2 to 5 million hours to land in the top ten most weeks. (By my count, eleven English-language scripted original films released between May and August did chart). It’s only fair to mention that Swapped (1-May) posted nearly 42 million U.S. hours over five weeks (the longest Netflix original run this summer) and is currently their eighth most-watched English-language film ever worldwide. Remarkably Bright Creatures (37 million, 4 weeks) and Voicemails for Isabelle (27 million, 4 weeks) weren’t bombs either. Still, overall, I think it’s fair to say this was a quieter summer season than we’re used to seeing from the market-leader. You might not realize that given the language commonly used in public analysis. The Twist Despite the starkly black-and-white tone of the coverage, here’s the twist: when many box office bombs arrive on streaming, their viewership looks a whole lot like many of Netflix’s supposedly successful summer releases. Hmm, where have we heard that one before? Masters of the Universe topped out at $65 million stateside against a $170 million budget_._ I’ll admit, Skeletor ripping sleeveless curls as a gym bro and bodyslamming Adam’s co-workers was funny. But, much to the chagrin of my bank account, my laughter doesn’t launch franchises. Yet the He-Man reboot opened to 19.6 million hours (from a Wednesday five-day opening instead of just one weekend), on par with Hoppers on Disney+ (19.4 million). It put up nearly 47 million hours over its first six weeks, bigger than all of Netflix’s summer releases. Pretty darn healthy and likely to land among the 25 most-watched movies on streaming this year. Sticking with Amazon, The Sheep Detectives just barely broke even at the box office with $133 million worldwide (and only $66 million domestic). I never expected cloven-hooved, cud-chewing mammals to be able to bring me to tears. Yet that’s exactly how I found myself at the end of this surprisingly affecting movie (#NoShame). It was likely the unexpected quality in a family-friendly film that powered its streaming over-performance. Sheep Detectives delivered a solid run for Prime video netting 26.2 million hours! How about franchise IP? Star Wars: The Mandalorian & Grogu had the lowest opening ($81 million) and lowest-grossing Disney-era live-action Star Wars film ($178 million domestic). One day before release, its Heat score (19.8%)—audiences who list their interest as a 7/7—fell behind blockbusters Wicked (21%), Superman (23%), Fantastic Four: First Steps (23%), Michael (23%), Toy Story 5 (26%) and Avatar: Fire and Ash (27%), according to Greenlight Analytics. The urgent enthusiasm just wasn’t there. On streaming, Mando opened to weeks of 12.1 million, 6.1 million and 2.7 million hours (21 million total) over its first three frames. Not the numbers Lucasfilm was hoping for nor the numbers of a streaming hit. But they’re in the same vicinity as some Netflix summer releases with $345 million at the global box office to offset a smidgen of the pain. Final Thoughts So why oh why does this nuance gap exist? Four key reasons: Data Literacy: A “$100 million opening” just makes sense. After decades of box office reporting, even casual movie fans are well-versed in the benchmarks of hits and home runs. There’s an immediate shorthand. But “16.5 million” hours doesn’t land nearly as cleanly. Despite leaps of progress, the streaming ratings era is still in its infancy compared to theatrical. The EntStrategyGuy and I met thanks to a late 2010s group chat of data nerds hungry to find a shred of certainty in nebulous streaming performance. I’m not surprised to see “No. 1 on Netflix” still getting misconstrued out in the wild. Timing: By Friday morning, we have the box office’s Thursday night previews totaled, allowing us to better project the weekend’s expectations. From there, ticket sales are reported daily. By Sunday, the film’s fate is usually finalized, at least in terms of public perception. In streaming, Nielsen recently improved its delay to…two weeks. The medium isn’t forced to contend with instant gratification as harshly. Financials: Theatrical film budgets are a mere Google away. Profit and loss is calculated in the cold and unforgiving naked light of day for all to see. But finding the vast majority of streaming exclusive movie budgets requires the forensic investigation skills of a Criminal Minds detective. Also, it’s very difficult to calculate how much revenue/value a straight-to-streaming films provides a streamer. This is why there are so few stories about streaming original movies “losing X amount of money”. On top of that, marketing budgets are far greater for theatrical movies than streaming exclusive movies, which leads to earlier and better awareness. This then translates to a wider pool of potential interest. Narrative Control: Netflix is the only major streaming service to publish weekly first-hand viewership data and annual engagement reports. Naturally, some headlines borrow their first-hand framing**.** Other streamers benefit from their comparative lack of transparency. They may occasionally announce vague performance platitudes such as Apple TV’s Mayday becoming its “biggest film debut on the platform to date over its first 18 days,” and that it ranked No. 1 with left-handed viewers in its first weekend. (Fine, I made up that second one). But, for the most part, they keep first-hand viewership shrouded in mystery to avoid bad press. Especially for outlets that demand multiple articles per day from their writers, it’s an easy (and understandable) way for some reporters to hit their daily article quota by just repeating what the streamers have told them. TL:DR version: Streaming-exclusive movies are asked to do different things than theatrical movies, but that doesn’t mean they should escape judgment. Both still need to draw enough eyeballs to justify their cost within the proper performance contexts. The more cleanly we can inject a little nuance into streaming analysis, the better we’ll understand the audience and content trends that drive this industry. And that’s what all of this is really about: knowing what audiences actually want! Brandon Katz is the Director of Insights & Content Strategy at Greenlight Analytics where he focuses on evaluating the ever-fluid media landscape to unearth understanding, opportunity and value. Greenlight Analytics is the entertainment intelligence consulting company redefining how Hollywood finds, understands, and activates audiences. Prior to joining Greenlight Analytics, he served as the senior entertainment industry strategist at Parrot Analytics, and as a full-time entertainment industry reporter covering the Xs and Os of Hollywood, most notably with TheWrap and the Observer.

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Community Science Takes Centre Stage on World Migratory Bird Day

World Migratory Bird Day marks its second peak day of the year by celebrating the people whose observations help understand bird migration,

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Oct 9 • 2:22 PM EDT • Science • yellowscene.com
Pumpkin disclaimer: personality not included

The scariest thing in the Halloween candy aisle may be that we actually need the fine print regarding faceless Reese’s Peanut Butter Pumpkins.

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Oct 9 • 2:14 PM EDT • Business • businessinsurance.com
Ohio State alumnus David Jacobs’ interest in investing yields high return for students

David C. Jacobs began plotting his career path early in high school. It would begin at The Ohio State University with a bachelor’s degree in finance and marketing before continuing on Wall Street as a stockbroker. “It didn’t quite work out as planned,” he said. “But my time at Ohio State afforded me the opportunity to pivot quickly int...

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Oct 9 • 2:00 PM EDT • Business • news.osu.edu
Cool chemistry trick allows new tattoos to 'turn on and off'

Researchers created multicolored tattoo inks that are activated by different wavelengths of light, allowing people to hide their tattoos in different scenarios.

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Oct 9 • 11:00 AM EDT • Science • livescience.com
SpaceX deal to expand its Starlink network sends telecom stocks tumbling

Telecom giants saw shares tumble on news that Elon Musk's company reached a deal that would allow it to expand its reach in the US market.

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Oct 9 • 10:28 AM EDT • Business • businessinsider.com
Braves Minor League Recap: Isaiah Drake Records a Hit

(1-4) Glendale Desert Dogs 2, (2-3) Peoria Javelinas 10 box score It was another bad day for the Glendale team all around. They have been struggling to get any sort of good play from the team. and after allowing six runs in the second inning of this game it was a quick decline to a […]

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Oct 9 • 10:00 AM EDT • Sports • sports.yahoo.com
MORNING BUSINESS REPORT: Halloween candy costs up, Starbucks explores Chipotle takeover

Jane King has these stories and more live from the New York Stock Exchange for your Friday Morning Business Report.

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Oct 9 • 6:02 AM EDT • Business • wfsb.com
When is trick-or-treat night 2026 in Lancaster County?

Halloween falls on a Saturday this year — does that change anything with trick-or-treating in Lancaster County?

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Oct 9 • 5:00 AM EDT • Entertainment • lancasteronline.com
Photonic circuits become trainable AI hardware

Nature Computational Science - A physics-based in situ learning method is demonstrated that directly measures optical gradients with photonic integrated circuits, allowing diverse circuit...

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Oct 8 • 8:00 PM EDT • Science • nature.com
New Britain Public Library to Host "Health to Treat Spooktacular" for Halloween

The New Britain Public Library, in partnership with Access Health CT, is set to host, ” Health to Treat – a Spooktacular Day of Health Resources & Community Care” on Halloween. The event promises free food alongside “free professional health screenings, services & more!”. Services available are to include blood pressure checks, cholesterol screenings, blood […]

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Oct 8 • 6:38 PM EDT • Health • newbritainprogressive.com
Spirit Halloween fundraiser supports Carle Health program

Spirit Halloween and Carle Health Proctor Hospital are holding a fundraiser where 10% of purchases made with a special coupon will be donated to the hospital's Child Life Program at six participating ...

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Oct 8 • 6:21 PM EDT • Health • yahoo.com
FCC considers allowing more political robocalls

The Federal Communications Commission is considering a petition that would allow certain political groups to make robocalls without first obtaining the recipient’s consent. NBC10 Responds Reporter Valeria Aponte Feliciano has more.

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Oct 8 • 5:40 PM EDT • Politics • nbcphiladelphia.com
HOMETOWN ENTERTAINMENT: Weekend lineup includes Halloween fun, Latin dance party and flea market

Over 200 vendors set for Berglund Center Saturday

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Oct 8 • 5:30 PM EDT • Entertainment • wdbj7.com
US Supreme Court won't speed up Democratic challenge to FCC political ad policy, for now

Siding with Republicans, the US Supreme Court on Thursday allowed the Federal Communications Commission to avoid for now a judicially imposed deadline in a Democratic ​challenge to the agency's new political advertising policy.

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Oct 8 • 3:56 PM EDT • Politics • reuters.com
US Supreme Court Won't Speed up Democratic Challenge to FCC Political Ad Policy, for Now

By John Kruzel WASHINGTON, Oct 8 (Reuters) - Siding with Republicans, the US Supreme Court on Thursday ⁠allowed ⁠the Federal Communications Commission to avoid for now ⁠a judicially imposed deadline in a Democratic challenge to the agency's new political advertising policy. With November midterm ...

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Oct 8 • 3:56 PM EDT • Politics • usnews.com
Texas Launches Expedited Online Business Filing System via SOSPortal

Governor Greg Abbott announced the launch of online Texas Express services, allowing businesses to utilize same-day and next-day filings through the Texas Secretary of State.

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Oct 8 • 3:31 PM EDT • Business • texasborderbusiness.com
Judge appears skeptical of Trump’s White House press ban and other hearing takeaways

Over the course of an hour-plus hearing Thursday, US District Judge Timothy Kelly signaled skepticism about the Trump administration’s arguments for allowing President Donald Trump to ban CNN, MS NOW and Politico from the White House.

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Oct 8 • 3:30 PM EDT • Politics • cnn.com
Low-cost Android phones ship with residential proxy malware

A malware campaign dubbed 'Midnight Mimosa' has been discovered on low-cost Android smartphones that ship with malicious software embedded in their firmware, allowing attackers to silently install apps, perform ad fraud, and turn devices into residential proxies.

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Oct 8 • 3:20 PM EDT • Technology • bleepingcomputer.com
From hidden gems to horror classics: What to watch this Halloween

Craving something scary? We've rounded up 36 horror films and spooky TV shows to watch.

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Oct 8 • 3:15 PM EDT • Entertainment • yahoo.com
MLB proposes 154-game seasons, adding postseason games

MLB team owners also proposed to allow higher-seeded teams in the first two rounds of the postseason to pick their opponents.

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Oct 8 • 2:50 PM EDT • Sports • arizonasports.com
Hundreds of new pro sports team ETFs lead world of retail investing to the edge of gambling

Sports teams are big businesses, but new exchange-traded funds that allow investors to bet on MLB and NHL team performance look more like gambling, experts say.

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Oct 8 • 8:15 AM EDT • Sports • cnbc.com
Small businesses face tough choices as health insurance costs rise

Some businesses are exploring choice arrangements, which allow employers to set a defined benefit amount rather than selecting one carrier and set of plans for all employees.

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Oct 8 • 5:00 AM EDT • Health • wtkr.com
Alaska found a way to elect more moderates. Now voters might end it.

Alaskans will decide in November whether to ditch a system that allows four primary candidates, regardless of party, to advance to the general election.

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Oct 8 • 5:00 AM EDT • Politics • washingtonpost.com
Nevada City Rotary's Pumpkins Palooza Family Celebration returns Oct. 15

Halloween spirit is officially back in the air as Nevada City Rotary announces the return of the Pumpkins Palooza Family Celebration, a live family celebration, scrumptious raffle drawings, and auctions

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Oct 8 • 5:00 AM EDT • Entertainment • theunion.com
Small businesses face tough choices as health insurance costs rise

Some businesses are exploring choice arrangements, which allow employers to set a defined benefit amount rather than selecting one carrier and set of plans for all employees.

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Oct 8 • 5:00 AM EDT • Business • wtkr.com
Scare up some fun: Dirty Birds host free Halloween double feature at GoMart Ballpark

The Charleston Dirty Birds will transform the field at GoMart Ballpark in Charleston, West Virginia into a free outdoor movie theater on Oct. 9, 2026, for a Halloween-themed double feature sponsored by The Arc of the Three Rivers of Dunbar, West Virginia. Families, friends and movie fans are invited onto the field for an evening featuring the 1993 release “Hocus Pocus” followed by 1991's “The Addams Family,” bringing two Halloween favorites to the big screen in downtown Charleston, according to a news release from the Dirty Birds. Concessions will be available for sale at the park for the event.

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Oct 8 • 4:00 AM EDT • Entertainment • herald-dispatch.com
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Trump says he won't let Iran strike L.A. or San Diego: 'Not going to let that happen'

Trump told a Texas rally that the U.S. would not allow Iran to strike Los Angeles or San Diego, two days after his remarks on the subject stirred outrage among California leaders.

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Oct 7 • 9:30 PM EDT • Politics • latimes.com
Old Town Trick-or-Treat returns, business sought

Halloween fun returns to Old Town Lompoc on Saturday, Oct. 24, from 12–3 p.m., featuring for treats, games, music, costumes, and "plenty of spooky fun for the whole family," the

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Oct 7 • 9:00 PM EDT • Business • santamariatimes.com
Who Won August and September: Original Films or Franchises?

(Welcome to the Entertainment Strategy Guy, a newsletter on the entertainment industry and business strategy. I write a weekly Streaming Ratings Report and a bi-weekly strategy column, along with occasional deep dives into other topics, like today’s article. Please subscribe.) I just heard someone say that if you’re reading a pundit or data analyst, and they don’t tell you that they got anything wrong, they’re not a pundit but an “influencer”. I agree with that. You have to tell your audience when you get things wrong, or they won’t (or shouldn’t) trust you as much. Today, we’ve got another edition of “What I Got Right, What I Got Wrong”. In general, I’m patting myself on the back (and patting very hard) about a few things like IP at the box office, LIV golf, horror films, crowdfunding movies, superheroes, and old people going to the theaters. That said, I also made a couple of data mistakes on the streaming bubble popping and HBO’s datecdotes, so I’m not perfect. But first, I need your feedback... Subscribe Follow-Ups: What Should We Call Mid-Budget Movies Which Aren’t Cinematic Enough for Theaters But Are Too Expensive to Make Money on Streaming? After I asked for feedback on what we should call straight-to-streaming films that are too big to pencil out on streaming but not really big enough to resonate in theaters, I got some great suggestions from you all, including... “Moldilocks” from John Aboud “Little Big Indie” from Travis Frick1 “Midflicks” from Jonathan Funke. “Extra-Medium” from Jona Nwuke. (Read the explanation in the footnote.) Between these and Brandon Katz—who suggested “Bermuda Budget Triangle”, “The Platform Gap” and “The Distribution Deadzone”—we’ve got some excellent suggestions. And they’re better than my suggestion, the “Streaming Budget Dead Zone”, so let’s take a poll! The winning entry becomes the new term. Loading... RIGHT: LIV Golf is Fully Bankrupt…Is Anyone Else Next? A few years ago, I was always a bit perplexed at all the articles I’d read praising LIV Golf and their strategy to disrupt the PGA. LIV Golf, a brand new professional golf league, offered PGA stars ten times what they made on the PGA Tour to join their new league. And folks praised this strategy for its initial “success” in that a lot of big names did indeed leave the PGA. Yeah, of course the players came over. LIV Golf paid them so, so, so much more! But LIV Golf hadn’t discovered a way to increase potential revenue. So think about this in basic business terms… They paid much more in costs… …but had no real way to increase revenue. That’s not a strategy! That’s deficit financing. It won’t work unless you bankrupt the competition (and then turn around and pay those same golfers much, much less). It’s not a sustainable strategy and only lasts as long as the company/person/nation backing it decides they’re cool with losing money. For LIV Golf, that meant Middle East oil wealth, in particular Saudi Arabian money. Clearly, the current Iran War has hurt Middle East finances, so they need to trim their more exorbitant spending. And LIV Golf was part of that trimming. This should be a major warning for others. TGL’s parent company, TMRW Sports, just got a $1 billion valuation, despite TGL’s (the indoor golf league) horrible TV viewership of less than half a million viewers per match. Unrivaled, the women’s basketball league, just secured a $650 valuation, despite its horrible TV viewership and a new rival (Project B) entering the scene next year. To relate this to streaming, Hollywood should ask which streamers may have wealthy patrons funding their losses. (Let’s be clear: Google, Amazon and Apple.) Could those patrons lose their appetite? For Amazon, probably not. But Apple has a new boss, so maybe! WRONG: My Analysis of the Streaming Bubble Was Missing a Week I’m going to be congratulating myself a lot today, but I make mistakes too, like this data goof. When I last compiled the data on the decline in TV shows, I was missing one week at the end of June. If you look at the first image, you can see that one week was mislabelled as “July”. Mainly, this image got updated to show a 27% decline, not 29%: This change doesn’t really impact the overall analysis, but it is two percent better. By the way, through the third quarter, the decline increased and it’s now a 30% decrease since 2022. (I’ll write/visualize this in an upcoming article.) But I want you to trust me and my data. Especially these days, when many people are using LLMs that I know are inserting faulty data into their charts, I want to keep earning my audience’s faith. So that’s the accurate data. RIGHT: IP Remains Very, Very Popular In July, I wrote a giant (and I mean giant) article on Backrooms, Obsession, and the box office, going over what we know, what we don’t know about what works in theaters, looking at YouTubers, IP, the horror genre, comic book movies, and a whole lot more. The month of August really tested a lot of my theses and, being honest, mostly supported my arguments. Let’s start with IP. Looking at 8-Aug (the weekend after Spider-Man: Brand New Day came out) to 18-Sep (the weekend that Resident Evil came out, which I think provides a nice bookend to this time period), there were seven films based on pre-existing IP: Resident Evil (2026) ($126 million) Practical Magic 2 ($65 million) _Insidious: Out of the Furthe_r ($65 million) Coyote Vs. Acme ($59 million) Paw Patrol: The Dino Movie ($53 million) Tony ($15 million) Super Troopers 3 ($7 million) Compare those to the notable original films from the past month—I actually could have included more movies, but here are just thirteen, bringing us to an even twenty films—including.... The End of Oak Street ($54 million) Buddy ($26 million) Mutiny ($15 million) By Any Means ($15 million) The Dog Stars ($14 million) Runner ($14 million) One Night Only ($11 million) Hope ($8 million) Spa Weekend ($7 million) The Uprising ($6 million) Teenage Sex and Death at Camp Miasma ($6 million) Onslaught ($3 million) Eli Roth’s Ice Cream Man ($2.8 million) Here’s that in chart form: Five of the top six films in this time period were all based on IP. I made a big chart of films that grossed over $200 million at the box office before Spider-Man: Brand New Day and The Odyssey hit theaters. Let’s update that chart! By the way, if you want to see how I categorized each film—so another bar chart—here it is: I know that many of my fellow critics/pundits/analysts dislike films based on IP and how Hollywood is making so many of them. And I’m sympathetic to this point of view. As I’ve written many, many times before, you need a balance between existing franchises, new IP, and original films. And Hollywood clearly needs to make more films like Resident Evil (a well-made film from a visionary director) and fewer Practical Magic 2’s (which didn’t get critical or customer buzz). But at some point, critics and pundits need to contend with what audiences are telling them: Movie-goers aren’t showing up to original films. Audiences are speaking with their dollars, telling you they want more IP and franchises. You can try to convince studio heads to make fewer IP-based films and franchises, but the data and numbers aren’t there. Instead, critics need to work harder to convince audiences to show up for original films. Aim your ire/concern at the average person, not studio heads.2 Because they’re just making the films that audiences are telling them to make. WRONG: Original Horror Films Didn’t Break Out I’ll be honest, even though I wrote an article casting some skepticism on the horror genre in July, if you asked me to make a prediction, I would have predicted that, in August, a new, original horror film would have blown up. No, seriously, I just assumed that Obsession and Backrooms presaged a change in audience behavior. But none of the buzzy new original horror films from August—Teenage Sex and Death at Camp Miasma, Onslaught (not an action film in spite of the ads), The End of Oak Street, Eli Roth’s Ice Cream Man, or _Buddy—_broke out. To be clear, exactly one of those films (Buddy) had good “ROI”, but again—I try to be specific in my language—none were “popular” in any broad sense of the word. None of them will be “saving” movies theaters like Backrooms or _Obsession_helped save the summer. The new Insidious film and Resident Evil, both based on IP, were far and away the biggest horror films since July. (We’ll see if this changes in October/Halloween season.) RIGHT: Stay Skeptical about Crowdfunding... I’ve long been skeptical about crowd-investing platforms as one of Hollywood’s saviors, mainly because there’s so much hype/buzz. People need to stay more skeptical about more things, explaining both the potential upside but also the downsides. In particular, the media often hypes crowdfunding at the start and never checks in on the actual results after they’ve come in later. And August gave us our first update! _Ice Cream Man—_directed by Eli Roth—grossed $6 million off of a $5.5 million budget. This is a production of The Horror Section, which was one of the first “crowd investing” studios with 2,400 investors, which means that 2,400 investors probably lost money. They certainly aren’t getting as great of returns as if they had just invested their dollars in the stock market. Hopefully Stiletto (Tagline: “Someone’s Going to Make it Rain Blood!”) does better next month. WRONG: Another Data Goof Here’s another data error. When the first episode of House of the Dragon came out, HBO put out that it had 21.5 million viewers in the first three days, and I read that to mean in the US…but no, it was global. So my US-only datecdotes charts shouldn’t have included it. We never got US-only numbers for the first episode, but for the final episode, HBO put out that it had 11 million US viewers. (And that global dropped to 21 million viewers.) Here’s the updated chart (which I’ve since used in the Streaming Ratings Report): Still, this show is absolutely huge. RIGHT: Superhero Films Remain Very, Very Popular After Supergirl flopped, I read a few takes that “comic book movies are going the way of the Western”. Post-Spider-Man: Brand New Day, that take didn’t age well. To be fair, I have a very nuanced take on the superhero genre right now; it’s down right now, for a lot of reasons. But it’s not “dead”. Maybe _Spider-_Man is just a really popular character? I saw that take, and it’s a fair counter-argument. (But pundits arguing that superhero movies were dead should have mentioned this $1.5 billion counter-argument…) But is it just Spider-Man? The next Avengers film already has $50 million in pre-sales (and I was skeptical that that film would do well) and the Avengers: End Game re-release topped the box office two weekends ago (over three original films). And I wouldn’t bet against Batman or Superman. So maybe it’s just Spider-Man, Batman, Superman and the Avengers. Oh, and Deadpool, of course. And Black Panther. And Wolverine. And probably the X-Men. Plus a well-made Wonder Woman or the Hulk film could break out. But that’s it! It’s just those ten characters/teams. Oh, what’s that? Lanterns is also doing well on HBO? (See previous section…) To be fair, I’m actually pretty sympathetic to the argument that more popular characters—like Spider-Man and Batman—anchor more popular films. In fact, I made that exact argument three years ago when I first wrote about the “Marvel-cession”. In many ways, you can blame The Guardians of the Galaxy for fooling Marvel Studios (and the rest of us) into believing that any character could pop. It turns out, the list of iconic characters is probably smaller than most people think. But it’s probably too early to say that superhero films and comic book movies are dead unless “death” means a slight decline over a longtime. RIGHT: Who Killed Theaters? Old People I get frustrated whenever I see headlines or analysis about how young people are “returning” to theaters. As I’ve detailed(for years), young people have always powered the US box office, despite narratives about “kids these days” and their “phones”. Really, what’s changed post-2020/pandemic is that old people aren’t going to the movies nearly as much. This summer, I saw a movie (from an older director) in a theater near a retirement community, and multiple older people at the theater were talking about how this was their first time seeing a movie in years. I dislike personal anecdotes, so YouGov can fill in the data, best summarized by this headline: “Who killed movie theaters? Not the youths”. According to them, 64% of people aged 18-29 have seen a movie in the last year, but only 30% of 65-and-older. 20% of 18-29 have seen a movie in theaters in the last week and 42% in the last month. Here’s the polling data: Most concerning? Many Americans (17%) think theaters are a worse or much worse experience than watching films at home. Slight WRONG: Hadestown Opens Big A live theater capture of the Broadway musical, Hadestown, made $20 million at the US box office, which begs the question: was I wrong to be skeptical about musicals a few years ago? Yes and no. On the one hand, $20 million is a far cry from being “popular”, so yeah, the genre isn’t that popular overall and Hadestown is one of the more popular musicals from recent years (i.e. the “Taylor Swift Data Fallacy” in action). On the other, I doubt filming this cost all that much, and I don’t think that they spent much on marketing, so this is a good source of ancillary revenue. Smaller Updates WRONG: As I mentioned in a Streaming Ratings Report, I underestimated the budget for Enola Holmes 3. It probably cost more like $50 million, if not more. But... I’m not sure that it really matters? At sub-10 million hours, prices have to come down to make this work. WRONG: Netflix is giving Ink a 27-day in theaters! To quote the kids/YouTubers these days, let’s go! Now I might actually have a chance to see Danny Boyle’s latest in theaters. I’d complained about this in a “Coming Soon” section, but I was heartened to read that Netflix is giving multiple films longer theatrical windows this year. RIGHT: Netflix is sending 4-5 films per year to theaters. Netflix is slowly but surely sending more and more films to theaters, as I cautiously predicted earlier this year. For now, it’s just three big films and a number of awards contenders, but still, this is great news. And they’ll be releasing box office grosses! Just this week, Ted Sarandos confirmed that KPop Demon Hunters 2 will come to theaters (and my guess is it performs in the box office top ten at a minimum). WRONG: Angel has 3 million subscribers! How do I know this? Well, they told Deadline, who reported it. I marked this as “wrong”, since they’ve doubled their subscribers in one year but, you know, they don’t really have a hit film to speak of and they’re still losing money. WRONG: Furious was only renewed for one more season. I accidentally wrote “two more seasons” in my latest “Renewals, Cancellations, Un-Orders and Removals Update”. RIGHT: House of David is ending with its third season. In July, Prime Video renewed House of David for a third season, as I just wrote in my latest “Renewals and Cancellations” report. Well, now it’s ending after that third season. Why? As I’ve been writing, its viewership wasn’t great. I got feedback that this show didn’t cost very much, but it cost enough that its limited viewership didn’t save it. WRONG: Adults was a Hulu original! So I missed Adults when it first came out last year; I saw that it aired on FX and just assumed that it was a linear-first program. Turns out, it aired three episodes on FX, but binge-released the rest of its episodes the next day on Hulu. Huh. So I should have covered it last year! But I just wrote about it. 1 “When I was a kid in the 90s, if you wore a t-shirt to school that wasn’t too big and also wasn’t too small, but somehow didn’t quite fit, we’d say you were wearing an “extra-medium” shirt.” 2 As always, a huge exception is Disney, which barely makes anything original anymore.

Epic used AI to find potential security flaws that could expose patient health records

Epic Systems revealed last month that it used an advanced artificial intelligence tool to find security weaknesses that could have allowed undetectable access to patient health data. Epic maintains health records for more than 325 million patients around the world.

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Oct 7 • 5:18 PM EDT • Health • wpr.org
ENTERTAINMENT: Magic Screams at Magic Springs; MacArthur Museum hosts 13th Vintage Vehicle Military Show

Magic Springs Theme and Water Park brings back its annual Magic Screams, billed as Arkansas’ largest Halloween festival.

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Oct 7 • 5:00 PM EDT • Entertainment • arkansasonline.com
FCC considers allowing more political robocalls before midterms, including those created with AI

The Federal Communications Commission is considering a request to loosen rules on political robocalls, including those with AI-generated voices. Current federal law bans most robocalls to cellphones without prior consent.

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Oct 7 • 4:33 PM EDT • Politics • journalgazette.net
FCC considers allowing more political robocalls before midterms, including those created with AI

The Federal Communications Commission is considering a request to loosen rules on political robocalls, including those with AI-generated voices.

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Oct 7 • 4:12 PM EDT • Politics • koco.com
Zeldin announces EPA proposal to support cleaner air and business growth in Arizona

EPA Administrator Lee Zeldin visited Arizona Tuesday to announce proposed approval of Maricopa County Rule 204, an emissions-reduction program intended to help businesses invest and expand while improving air quality. The announcement followed a roundtable with business leaders and elected officials. Rule 204 would allow qualifying voluntary emissions reductions from nonroad engines and equipment to […]

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Oct 7 • 3:59 PM EDT • Business • chamberbusinessnews.com
This surprising mammal fossil is giving scientists something to chew on

It's likely you've already chewed and swallowed some tasty morsel today. But when did that ability emerge? New evidence points to at least the middle Jurassic, back when dinosaurs still reigned.

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Oct 7 • 3:59 PM EDT • Science • npr.org
High-Signal Publisher
This is what the 2026 Nobel prize for chemistry is all about

The Nobel prize in chemistry 2026 has been awarded to two scientists, Henri B Kagan at Paris-Sud University in France and Kensō Soai at Tokyo University of Science in Japan. Their discoveries showed how chemical reactions can produce an overwhelming excess of one of two mirror image forms of a molecule. Science journalist Linda Geddes tells Madeleine Finlay how this has become an important tool in drug development, allowing a greater understanding of how medicines work in the body

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Oct 7 • 2:28 PM EDT • Science • theguardian.com
FCC considers allowing more political robocalls before midterms, including those created with AI

FCC considers allowing more political robocalls before midterms, including those created with AI

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Oct 7 • 12:36 PM EDT • Politics • clickorlando.com
Livingston officials allow ‘Pawn Shop’ film to continue in Montana

Livingston officials have voted to allow a controversial film to continue shooting in the southwest Montana town. The decision came after a seven-hour City Commission meeting on Monday, where commissioners

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Oct 7 • 11:57 AM EDT • Entertainment • yakimaherald.com
All hail the Kult of Kemi – captain, coach and owner of the Conservatives

The Tory leader is now too big for the party to allow her to fail, so everything she does is acclaimed a work of genius

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Oct 7 • 11:17 AM EDT • Politics • theguardian.com
Conservative anti-tax group seeks FCC approval for AI robocalls ahead of US midterms

A Democratic member of the Federal Communications Commission urged the agency on Wednesday not to approve a ​petition to allow political AI-generated robocalls from conservative political group Club for Growth.

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Oct 7 • 11:07 AM EDT • Politics • reuters.com
US Agency Considers Allowing New AI Political Robocalls Before Election

WASHINGTON, Oct 7 (Reuters) - A ⁠Democratic ⁠member of ⁠the Federal Communications Commission urged the agency on Wednesday not to ‌approve a petition to ‌allow political AI-generated robocalls ⁠from ⁠conservative political group Club for Growth. The group, which is spending millions of dollars ...

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Oct 7 • 11:07 AM EDT • Politics • usnews.com
FCC could allow more political robocalls before midterms

The Federal Communications Commission is considering a request to loosen rules on political robocalls, including those with AI-generated voices.

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Oct 7 • 10:45 AM EDT • Politics • apnews.com
High-Signal Publisher
FCC considers allowing more political robocalls before midterms, including those created with AI

WASHINGTON (AP) — The Federal Communications Commission is considering a request by a conservative group to loosen rules on political robocalls, including those with artificial intelligence-generated ...

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Oct 7 • 10:45 AM EDT • Politics • yahoo.com
FCC considers allowing more political robocalls before midterms, including those created with AI

The Federal Communications Commission is considering a request to loosen rules on political robocalls, including those with AI-generated voices.

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Oct 7 • 10:45 AM EDT • Politics • clickorlando.com
FCC Considers Allowing More Political Robocalls Before Midterms, Including Those Created With AI

WASHINGTON (AP) — The Federal Communications Commission is considering a request by a conservative group to loosen rules on political robocalls, including those with artificial intelligence-generated voices, before November’s midterm elections. Federal law currently bans most robocalls to cellphones ...

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Oct 7 • 10:45 AM EDT • Politics • usnews.com
Fun, festivals and frivolity: Harvest, Halloween events in October

Although the weather might be saying summer’s not over yet, the calendar says it’s time for the annual wave of harvest festivals and Halloween events is about to hit.

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Oct 7 • 10:30 AM EDT • Entertainment • chronicleonline.com
Kelly Ripa reveals her own funeral plans, says Mark Consuelos isn’t allowed to do 1 key task

Kelly Ripa revealed her own funeral plans on ‘Live With Kelly and Mark,’ admitting that husband Mark Consuelos isn’t allowed to perform one key task after she dies.

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Oct 7 • 10:28 AM EDT • Entertainment • ew.com
Argonne Uses AI Agents to Get Closer to Self-Driving Microscopes

Scientists often wait months to get their hands on some of the world’s most powerful research instruments, such as state-of-the-art microscopes. At facilities like Argonne National Laboratory’s Advanced Photon Source, these machines allow researchers to use extremely bright X-rays to study materials at microscopic scales. Once they get access to such instruments, every hour counts. […]

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Oct 7 • 9:58 AM EDT • Science • hpcwire.com
Andy Burnham’s Labour Allows the Left to Breathe, a Little

The first Labour conference under new leader Andy Burnham saw a rhetorical turn away from his predecessor’s austerian and managerial approach. Burnham has regained trade unions’ confidence, but his re...

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Oct 7 • 9:13 AM EDT • Politics • yahoo.com
Spooky Mad Science Expo returns Oct. 17 with more than 100 hands-on science activities

The free Halloween-themed event at Patrick Henry Recreation Center is in its 11th year. The mayor is scheduled to read a city proclamation at 4 p.m.

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Oct 7 • 9:04 AM EDT • Science • alexandriabrief.com
Business Beat : Tunnel of Terror opens Saturday at Stickley Family Farms in Colon

COLON, Mich. - A longtime Michigan Halloween tradition returns this weekend when the Tunnel of Terror opens Sa...

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Oct 7 • 8:09 AM EDT • Business • wtvbam.com
Cedar Point's HalloWeekends gains national recognition

It's spooky atmosphere has gained national recognition, landing on USA Today's 10Best for theme park Halloween events.

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Oct 7 • 7:32 AM EDT • Entertainment • spectrumnews1.com
8 Halloween parades to check out in Lancaster County in 2026

From Columbia to Ephrata, there are more than a half dozen ways to watch Halloween parades and maybe get some candy along the way, too.

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Oct 7 • 5:00 AM EDT • Entertainment • lancasteronline.com
7 Halloween parades to check out in Lancaster County in 2026

From Columbia to Ephrata, there are more than a half dozen ways to watch Halloween parades and maybe get some candy along the way, too.

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Oct 7 • 5:00 AM EDT • Entertainment • lancasteronline.com
Politics shouldn’t be dirty

Somewhere along the way, politics became less about what we can accomplish and more about what we can say about one another. Thatu2019s a shame. Running for public office should be about putting your experience, record, ideas and vision in front of the public and allowing voters to make their own decision. Candidates should absolutely be questioned. Records should be […]

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Oct 7 • 4:00 AM EDT • Politics • moabtimes.com
On Par Entertainment to present competition murder mystery

On Par Entertainment is combining the anxiety of an escape room with the fear of Halloween to present its first-ever OPE! Murder Mystery: A Killer Halloween from 7-11 p.m. Thursday, Oct. 15.

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Oct 7 • 1:00 AM EDT • Entertainment • daytondailynews.com
‘Hotel Transylvania’ Halloween party headed to Waynesville

This year, the Waynesville Parks & Recreation is throwing it’s biggest Halloween celebration yet. The Hotel Transylvania Halloween Party will be held from 5-8 p.m. Friday, Oct. 16, at the

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Oct 7 • 12:00 AM EDT • Entertainment • themountaineer.com
Business groups to lawmakers: NJ is losing out to other states

The marathon hearing ended with questions about whether the Legislature would act on recommendations or allow longstanding problems to continue.

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Oct 6 • 10:47 PM EDT • Business • jerseyvindicator.org
TSU students return to Science Building, report persistent mold smells and safety concerns

Students at Texas Southern University were allowed back inside the Science Building after mold, condensation, and air quality issues forced the facility to shut down for nearly two months.

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Oct 6 • 8:08 PM EDT • Science • fox26houston.com
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Aahs! to shutter after Halloween, joining recent Westwood business closures

Aahs! The Ultimate Gift Store will celebrate its last Halloween in Westwood before shuttering Nov. 3. Aahs! – which opened in 1981 on the corner of Kinross Avenue and Westwood Boulevard – sells costumes, props, toys and novelty items.

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Oct 6 • 8:00 PM EDT • Business • dailybruin.com
Orange County takes over Be Well OC sites in a settlement with Mind OC

The agreement settles a tumultuous legal battle, allowing a state-of-the-art campus to open in Irvine to provide behavioral health services.

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Oct 6 • 7:31 PM EDT • Health • ocregister.com
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Trump’s comment about Iran nuking Los Angeles and San Diego was incoherent, not malicious

President Donald Trump says many bizarre and even hateful things. But signaling he would allow Iran to nuke Los Angeles and San Diego is not one of them.

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Oct 6 • 5:21 PM EDT • Politics • cnn.com
NCAA proposes summer competition for college basketball teams

The NCAA is proposing allowing summer competition between college basketball teams as a potential new revenue source.

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Oct 6 • 5:01 PM EDT • Sports • espn.com
Hackers obtain counterfeit TLS certificates for Google and other large services

Compromise of 3 domain registries allows hackers to walk off with unauthorized certs.

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Oct 6 • 3:21 PM EDT • Technology • arstechnica.com
October 2026 Halloween events guide for Eastern Iowa

Looking for the best Halloween events in Eastern Iowa this October? From terror-filled haunts like Circle of Ash to family-friendly parades, library events, and live orchestral concerts, here is your ultimate regional roundup of fall festivities in the Cedar Rapids-Iowa City Corridor.

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Oct 6 • 11:00 AM EDT • Entertainment • thegazette.com
We Got GTA V Running On Web Browser Before GTA 6

PlayGTA5.com briefly allowed users to play GTA V in a web browser, requiring only 700 MB to start before being taken down, possibly by Rockstar.

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Oct 6 • 7:32 AM EDT • Technology • wccftech.com
Mamdani Backs Bill to Let Consumers Sue Over Unfair Business Practices

The proposed New York City legislation would also allow nonprofits, including tenants’ unions, to sue companies directly rather than relying on agency enforcement.

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Oct 6 • 3:00 AM EDT • Business • nytimes.com
SAFETY ALERT | School system closed Tuesday tied to skin-related health concern

The system said the closure comes out of an abundance of caution and allows the schools to be deep cleaned.

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Oct 5 • 11:59 PM EDT • Health • wsaz.com
KBOCC, NMU sign articulation agreement for business degree program

The Keweenaw Bay Ojibwa Community College and Northern Michigan University have come to a new articulation agreement to allow KBOCC students to continue their business education at NMU.

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Oct 5 • 4:12 PM EDT • Business • uppermichiganssource.com
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 ...

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Oct 5 • 3:30 PM EDT • Politics • unionleader.com
Overwatch Season 5 skins and Mythics Revealed by Blizzard

Get ready for a spooky season in Overwatch

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Oct 5 • 3:13 PM EDT • Technology • polygon.com
Viral Dallas mansion gets political with this year's Halloween display

A Preston Hollow mansion known for viral holiday displays has unveiled a political Halloween display that backs Ken Paxton, targets James Talarico and calls out Dallas Councilwoman Gay Donnell Willis.

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Oct 5 • 2:32 PM EDT • Politics • fox4news.com
Pokémon GO Halloween 2026: Part One

Pokémon GO’s Halloween 2026 Part One event runs from October 27 at 10:00 a.m. to November 1 at 10:00 a.m. local time, bringing three new costume Pokémon: Pikachu wearing a hat and capelet, Zubat wearing a top hat, and Sinistea wearing a bow! Expect spooky wild encounters, costume raids, and trick-or-treat surprises that can reward […]

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Oct 5 • 12:55 PM EDT • Technology • pokemongohub.net
Utah plows ahead with more health AI pilots for prescriptions, women’s health

Utah plans to allow an AI product to evaluate patients and write new drug prescriptions without prior human review.

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Oct 5 • 12:00 PM EDT • Health • statnews.com
Claims that genAI speeds up PC ports of classic games are either "false" or missing the point, says Banjo Kazooie: Recompiled developer

A Banjo Kazooie: Recompiled developer has spoken out against the idea that generative AI allows for faster PC ports and, therefore, better preservation.

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Oct 5 • 11:13 AM EDT • Technology • rockpapershotgun.com
Fear is bigger than ever… and Zero Latency VR has the science to prove it

MELBOURNE, Australia — Zero Latency VR, the world’s largest and most innovative immersive VR network, is celebrating a double Halloween anniversary: three years since the launch of Outbreak, …

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Oct 5 • 10:56 AM EDT • Science • amusementtoday.com
Offensive Line Looks Offensive: Spartans Rank Last in Sacks Allowed

From personnel shifts to coaching failures, a crumbling front wall has left the Spartans reeling as record-breaking sack numbers threaten to derail the Pat Fitzgerald era.

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Oct 5 • 10:20 AM EDT • Sports • sports.yahoo.com
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 …

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Oct 5 • 9:47 AM EDT • Sports • sports.yahoo.com
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First DLC for ‘Halloween: The Game’ Arrives October 27, Featuring a Free ‘Halloween 5’ Map

As expected, the first DLC for IllFonic's 'Halloween: The Game' will arrive just in time for Halloween on October 27.

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Oct 5 • 9:30 AM EDT • Technology • bloody-disgusting.com
Yankees draw baseball’s hottest September arm in Game 2

The Yankees got one hit Saturday. Their reward for trying to even the series Monday is a starter who allowed […]

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Oct 5 • 8:22 AM EDT • Sports • sports.yahoo.com
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...

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Oct 5 • 8:09 AM EDT • Business • wtvbam.com
Yale School of Medicine On the Science of Childhood Anxiety, Say, Anxiety Disorders Are the Most Common Mental Health Challenges In Youth

Credit: Matt Bradbury October 5, 2026 - By Isabella Backman - Anxiety disorders are the most common mental health challenges in youth. Left untreated, they can disrupt the lives of both children and their families. The good news is that with intervention, most children will overcome these conditions. Across Yale School of Medicine, scientists are working to understand anxiety at every level, from common anxious behaviors to molecular biomarkers in the brain. They are using their findings to develop and disseminate new evidence-based treatments for childhood anxiety. Today, the go-to treatment for childhood anxiety disorders is cognitive behavioral therapy (CBT). This is a form of psychotherapy that teaches children skills for confronting anxious thoughts and helps them practice managing situations that cause anxiety. While it is the gold-standard treatment backed by considerable scientific evidence, up to 50% of children will not see sufficient benefit from CBT alone. Wendy Silverman, PhD, Alfred A. Messer Professor in the Child Study Center, co-directs the Anxiety and Mood Disorders Program alongside Eli Lebowitz, PhD, associate professor in the Child Study Center. One of their main interests is learning how to improve outcomes beyond CBT. “We’re developing cutting-edge, research-based knowledge that can reduce the suffering that anxiety causes children and their families,” says Silverman. Changing parent behavior YSM experts are investigating how to improve CBT outcomes for children by involving the parents. Silverman’s research has uncovered two main components of parent intervention that improve childhood anxiety: not enabling children to completely avoid the things that make them anxious and taking steps to enhance their autonomy. Parents may unintentionally reinforce their child’s anxiety by allowing them to avoid what makes them anxious. They also may unintentionally limit the children’s sense of autonomy by being overly intrusive. “One of the things that we take pride in is that we’ve focused on trying to understand what parents need to do, and to test our ideas and see if changing the parents’ behaviors is enhancing the effects of CBT,” Silverman says. “Our findings thus far suggest that they do." As much as CBT can be helpful, it can also be challenging to get one’s child to do the necessary steps for CBT to work. This is one important reason why Lebowitz created a novel intervention program for parents named Supportive Parenting for Anxious Childhood Emotions (SPACE). Existing intervention programs often teach parents to act as therapists for their child, such as training them on how to practice breathing exercises. “It makes sense, but this doesn’t work very well in practice,” says Lebowitz. “And part of the reason, I think, is that it’s not easy to get your kid to do things, especially if they’re not excited about doing it.” SPACE is unique because it focuses entirely on parent involvement and changing parental behavior—children are not involved in the sessions. For example, parents learn how to use supportive messages that convey confidence that their child can tolerate and manage distress. “It might sound like a parent saying to a child, ‘I get that this is really hard for you, but I know that you can handle it,’” Lebowitz says. The program also works with parents to identify the ways in which they are accommodating anxious behaviors. “We’ll pick one thing that parents are doing that is an accommodation and help them make a detailed plan for how they’re going to change that,” Lebowitz explains. Treating Anxiety in Children and Adolescents Much of the existing research on SPACE has focused on parents of children under age 14. Ongoing studies are now exploring its use with parents of older teens. “Both anxiety and accommodation can interfere with normative developmental shifts during the teen years, including increased autonomy and individuation from parents,” says Rebecca Etkin, PhD, associate research scientist in the Child Study Center. “In this sense, SPACE may be particularly well-suited for anxious teens and their parents. We want to see whether it is effective during this distinct developmental window.” Unfortunately, many families in need of CBT face barriers, including limited availability of services and geographic constraints. One way to improve access is digital interventions. Silverman and her team are developing an evidence-based digitized intervention program for parents that they can access directly from their computer or smart phone. “The work we’re doing will be one of the very few parent interventions that is digitized and importantly tested for effectiveness,” she says. Creating interventions for anxiety-related challenges Silverman and Lebowitz recently received a generous gift to develop and test other interventions that help parents reduce other child anxiety-related behavioral and emotional difficulties, such as restrictive eating and unexplained somatic symptoms. One of these projects in particular focuses on understanding the risks of social media and its potential benefits, including offering a sense of connection. “A lot of research has focused on the idea that social media is harmful and the less of it the better,” says Lebowitz. “But we actually see is that this is not quite right—there are negatives, but there are also positives. So, we’re trying to get a little bit more nuanced of a picture.” The team is working with teens with social anxiety and their parents over an extended period to better understand their social media habits and how their anxiety levels affect engagement with different platforms. The teens will answer questions sent to an app on their phones about mood and social media usage in an effort to capture emotional responses as they unfold. “We hope to develop interventions that can help make the best of social media while protecting against the more problematic effects,” Lebowitz says. The brain’s role in anxiety Researchers are also testing therapies to address anxiety at the neurological and molecular levels. In collaboration with Dylan Gee, PhD, professor of psychology in Yale's Faculty of Arts and Sciences, and Hilary Blumberg, MD, John and Hope Furth Professor of Psychiatric Neuroscience at Yale School of Medicine, Lebowitz and Silverman are using brain imaging to identify changes in a child’s brain before and after parents enroll in SPACE. In one study, children viewed anxiety-inducing images while undergoing magnetic resonance imaging (MRI); the researchers conducted scans with and without the children’s parents nearby. Before SPACE, children’s brains were better able to activate the regulatory circuitry needed to turn off an anxious response when their parents were nearby. But after SPACE, children could activate this circuitry even without the parent around. “As parents work on gradually reducing some of their accommodations, you can see a child get better at regulating their own fear system in the brain,” Lebowitz says. “It’s remarkable.” Research into the molecular underpinnings of anxiety can also inform new childhood anxiety treatments. In a recent study, Lebowitz, Silverman, and Flora Vaccarino, MD, Harris Professor in the Child Study Center, discovered that a protein known as fibroblast growth factor 2 (FGF2) could be protective from the toxic effects of stress. FGF2 levels in children and their parents were linked to the children’s risk of developing anxiety and depression, the study showed. The findings could help explain why some children who are exposed to early life trauma such as poverty or abuse are more prone to developing mental health disorders. And FGF2 could be a target for treatment. “This is very novel because it starts to give a clue to what is the molecular chain that connects those lived experiences to the actual psychological outcomes,” Lebowitz says. New ways to study and treat childhood anxiety Michael Crowley, PhD, associate professor in the Child Study Center, collaborates with Silverman and Lebowitz to study the role that attention plays in development and maintenance of childhood anxiety. There is a large body of research that shows that anxious children, like anxious adults, are prone to focus on threatening stimuli such as angry faces compared with neutral faces. This has led to innovative interventions that involve attention retraining. The idea is that if experts train children to look away from threatening stimuli, it may reduce their anxiety—especially children with social anxiety who are most prone to attend to threats. The researchers have just completed a clinical trial for attention retraining with 10- to 14-year-olds with social anxiety disorders and are currently analyzing the findings. Besides this innovative attention retraining research, as Crowly notes, “I like to design tasks that are engaging to kids,” Crowley says. “My goal is to assess something without the kids knowing what we are assessing.” With this goal in mind, Crowley has created a virtual game, named Boom, to study threat processing in children with anxiety disorders. The game is similar to that of hot potato—the child and three digital players take turns virtually passing a ball to each other’s gloves. At some point, the ball turns into a bomb, and as the bomb lands in each player’s glove, the outline of the glove turns yellow. The goal is to avoid having the bomb go off in your glove. What isn’t obvious is that the game is designed to measure different types of threatening stimuli, both ambiguous and direct. In the game, the direct threat occurs as the bomb is traveling towards your glove. The ambiguous threat is the yellow outlined glove as it is unknown where the bomb will travel next. While children play the game, Crowley’s team measures their brain activity using electroencephalography (EEG). The researchers have discovered that in kids with anxiety, the brain reacts more strongly to ambiguous threats than it does in their peers, but less strongly to direct threats. They believe that the initial abnormally large brain response to not knowing where the bomb is going impairs the brain's ability to properly respond when the threat is actually traveling the child’s way. “The brains of children with anxiety are unable to differentiate between threats you need to do something about and those that are not your problem.” Michael Crowley, PhD, develops innovative games for studying anxiety in children and adolescents.Credit: Matt Bradbury Based on these insights, Crowley hopes to study whether interventions like attention training could restore appropriate threat processing. Crowley’s team is also working on a test called the Balloon Risk Avoidance Task, which evaluates risk-taking and avoidance behaviors. It features a digital balloon that is full of air and about to burst. Kids have six seconds to let air out of the balloon. The more air they let out, the less risk they face that the balloon will pop. But at the same time, the balloon becomes less valuable as it deflates. “The more air you keep in the balloon, the more points you get,” Crowley explains. So far, the researchers have found that when the balloons pop unexpectedly, teens with social anxiety show distinct brain responses. Studying these responses can help psychologists understand the underlying pathways driving the various manifestations of anxiety. The genetics of anxiety When Thomas Fernandez, MD, associate professor in the Child Study Center and of psychiatry, was still in training, there was a lot of excitement about understanding the genetics associated with autism spectrum disorder. Since then, scientists have identified around 250 genes associated with autism. The genetic contribution to anxiety disorders, on the other hand, has historically received less attention. Anxiety is less heritable than autism, but the genetic contribution for anxiety disorders that emerge in childhood may be higher than for anxiety disorders overall. While scientists estimate the heritability of anxiety disorders in general to be around 30% to 50%, some studies suggest higher heritability for certain childhood-onset anxiety presentations. “I saw firsthand how researchers in the field went about finding vulnerability genes for autism,” Fernandez says. “So, we’re using a very similar playbook for childhood anxiety.” “I saw firsthand how researchers in the field went about finding vulnerability genes for autism. So, we’re using a very similar playbook for childhood anxiety.” Thomas Fernandez, MD Associate Professor In the Child Study Center and in Psychiatry Now, Fernandez and Emily Olfson, MD, PhD, assistant professor in the Child Study Center, are studying children and their parents to identify genetic changes that are present in the child but not the parents, known as “de novo mutations.” “All of us have some de novo mutations—maybe about 50 to 100 sprinkled throughout the genome,” Olfson says. “But when they occur within the coding regions of genes, they can be really disruptive.” Previous research shows that people with autism have higher rates of damaging de novo mutations than the general population. In 2022, Olfson, Lebowitz, Silverman, and Fernandez published a study on 68 children and their families that found that children with anxiety had similarly high levels of these mutations. Studying de novo mutations can help point the researchers to where they should be looking for genes associated with anxiety. “The end game is using the genes to steer us toward the right part of biology that we can then target to come up with better treatments,” Fernandez says. Building on those findings, the team is now studying more families to better understand how these de novo mutations, along with other genetic and environmental factors, shape pediatric anxiety disorders. They recently received a National Institutes of Health grant to enroll 750 new families over the next five years. Olfson is the principal investigator, with co-investigators Lebowitz, Fernandez, Silverman, and Shuangge Steven Ma, PhD, department chair and professor of biostatistics at Yale School of Public Health. Neurodevelopment, Risk Genes, and Mental Health Conditions - The Olfson Lab Joel Gelernter, MD, Foundations Fund Professor of Psychiatry, is interested in how different anxiety disorders differ genomically. “We are studying social phobia, panic disorder, and generalized anxiety disorder, working to understand why people differ in their risk to these specific anxiety disorders and evaluating various risk factors,” he says. Gelernter was recently involved in one of the largest studies to date of the genomics underlying anxiety disorder. The study included around 122,000 people with anxiety disorders and around 730,000 without. It found that some genetic differences associated with anxiety were linked to signaling that helps reduce overactivity in the nervous system. Many anxiety medications available today work by targeting this process. “It’s nice when the biology that you get out of a large genome-wide study ratifies things that we already know because that can help increase confidence in further findings from the study,” Gelernter says. Uncovering the neurobiology of psychiatric disorders John Krystal, MD, Robert L. McNeil, Jr. Professor of Translational Research and chair of the Department of Psychiatry, is interested in the neurobiology of psychiatric disorders, including post-traumatic stress disorder (PTSD), of which anxiety is a major symptom. In the late 1980s, Krystal’s team discovered that the drug yohimbine activated symptoms in patients with PTSD. “This was the first time we could link a specific biological mechanism to the symptoms of PTSD,” Krystal says. At the time, he adds, this finding was highly controversial. “A lot of people felt that PTSD was a purely psychological syndrome that didn’t have an underlying biology.” Since then, Krystal has dived deep into understanding the neurobiology of PTSD to learn how to better treat it. His team is evaluating the use of ketamine and psychedelics. These would be among the first treatments to be developed specifically for PTSD. They may also be applicable for other disorders including anxiety disorders, Krystal adds. An important gap in PTSD treatment is the absence of biological tests that inform how to best help patients manage their PTSD symptoms. A doctor doesn’t diagnose cancer based on how they feel. Rather, they use tests of the biology of the cancer to determine the best course of treatment. “And we can’t do that in any psychiatric disorder other than Alzheimer’s disease,” Krystal says. “But now we are building a foundation for this approach to the treatment of anxiety disorders for the first time.” Source: Yale School of Medicine

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Oct 5 • 6:44 AM EDT • Science • goldrushcam.com
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.

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Oct 5 • 6:30 AM EDT • Health • wyofile.com
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IRGC General Warns Regional States against Letting US Use Their Territory

TEHRAN (Tasnim) – Brigadier General Ali Fadavi warned regional countries against allowing the US to employ their territories for operations against Iran, stressing that any location used as a launch point for attacks on Iran will be targeted.

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Oct 5 • 3:39 AM EDT • Politics • tasnimnews.ir
The genetic secret helping bats survive a deadly epidemic

We’re easing you into Halloween season with an episode about bats. There’s a silent serial killer decimating little brown bats as they hibernate. White nose syndrome has driven populations across the U.S. to almost the brink of extinction over the last decade. But recently, conservation biologist Giorgia Auteri and her team noticed several genetic mutations in the survivors. These mutations could explain how natural selection has shifted the existing population – and inform conservation efforts in the future.Interested in more animal science? Email us your question at shortwave@npr.org.Support public media with NPR+ and enjoy perks for over 25 podcasts like this one. This show’s perks include sponsor-free listening. Learn more at plus.npr.org.

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Oct 5 • 3:00 AM EDT • Science • npr.org
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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…

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Oct 5 • 1:39 AM EDT • Sports • sports.yahoo.com
Local business plans Halloween event at Buckhannon’s Jawbone Park

Majestic Mountains Studio is planning a Halloween event at Jawbone Park in Buckhannon on Oct. 31 from noon to 5:30 p.m. The free event will feature vendors, games, crafts and costume contests.

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Oct 4 • 8:58 PM EDT • Business • mybuckhannon.com
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Kate Mulgrew says being “Star Trek”’s ‘unprecedented’ first female captain ‘reshaped my life’

“I think what she allowed women in STEM to do as a result of her command was absolutely, deeply significant,” Mulgrew said.

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Oct 4 • 5:27 PM EDT • Entertainment • yahoo.com
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.

American love of oversized Halloween skeletons still going strong

Six years after the original 12-foot Skelly first went viral, the trend of jumbo Halloween yard decorations seems as strong as ever.

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Oct 4 • 5:53 AM EDT • Business • businessinsider.com