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Jaylen Brown Compares Celtics to an Ex-Girlfriend
Brown compared seeing the Celtics to an awkward encounter with an ex, sharing a candid analogy about moving on from a familiar relationship.
George Clooney not ready to talk about Presley Gerber's death
George Clooney has addressed the death of a close family friend, Presley Gerber.
Wolfsburg’s Cora Zicai grateful for first Germany starting opportunity
Germany international Cora Zicai has expressed her relief at returning to the German national team following Friday evening’s 4-2 friendly victory over Australia in Karlsruhe. The 21-year-old Wolfsb...
New restaurant and hotel arrive in the Redding area
This week in the Buzz: Two friends are opening a new eatery in an old pizza spot. An indoor cycling studio expands, and a new hotel opens in Redding.
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.
I scaled my Airbnb business from 4 cabins to over 500 properties. Here's what I learned.
Samuel Sévigny cofounded the short-term rental property management company Chaletô with his friends. He shares tips on how to scale a business.
Paraguay will not renounce friendship with Israel despite political costs, VP tells 'Post'
DIPLOMATIC AFFAIRS: In an exclusive interview, Paraguay's vice president pledged to preserve his country's alliance with Israel, and expand cooperation against Iranian threats.
Netflix star and musician boyfriend abruptly split after four years of dating
A Hollywood power couple has called it quits
Want to support women entrepreneurs? Try these eco-friendly ideas
What is Women’s Small Business Month? 13 eco-friendly ways to celebrate.
Family friendly spooky science event set for Oct. 17
SHERIDAN — A family-friendly Halloween event is scheduled for Oct. 17.
SEVENTEEN's Hoshi drops love song 'Boyfriend' during military service
Hoshi of K-pop boy group SEVENTEEN is dropping a new digital single, "Boyfriend," at 6 p.m. on Saturday, the latest in a string of solo releases si...
Friends of BrainHealth grants advance dementia prevention and brain health research
For nearly 20 years, the Friends of BrainHealth donor circle has helped turn promising ideas into innovative brain health research.
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 […]
Inside Trump and Mamdani’s 2-hour phone call after the New York City ICE shooting
The friendly relationship between President Donald Trump and New York City Mayor Zohran Mamdani hit one of its toughest tests yet Thursday after a series of calls over a shooting involving immigration agents in the Bronx.
Missouri Health Care Association’s Golden Age Games return for its 26th year
The three-day event brings together over a dozen assisted and long-term care facilities for some friendly competition.
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.
Deep-sea scientists discover creature eerily similar to SpongeBob's friend plus dozens of new species: Photos
Deep-sea scientists discovers 57 new species, including one they compare to "SpongeBob" character Patrick Star.
One World Community Health Center hosts free health fair in Omaha
One World Community Health Center will host a free, family-friendly health fair Saturday at the South Omaha Campus of Metropolitan Community College as part of Binational Health Week.
Who’s afraid of a 6-hour documentary about exiled Russian journalists?
Julia Loktev has released a new documentary, “My Undesirable Friends: Part II — Exile,” capturing the lives of Russian journalists who fled the country after Russia invaded Ukraine. Loktev began
Duo Westerlund-Hagen Tune Instruments Of War To Homage To Friendship
Catamount Arts is supporting Vermont State University’s presentation of drum-and-trumpet duo Westerlund-Hagen, on Wednesday, Oct. 14, at Alexander Twilight Theatre on the Lyndon campus.
Facing tight race, Gov. Tina Kotek taps friendly influencers to spread message
The Democratic governor has granted in-person interviews to a cast of social media users this year.
In brief: 'Stick' season 2 trailer and more
Bill Murray stars in the official trailer for A Course Called Ireland. The six-part documentary series premieres on Paramount+ on Oct. 25. The show follows Murray and his friends as they travel across the island to explore Northern Ireland and the Republic of Ireland's best fairways ...The Die Hard films are getting a brand-new home media release. All five of the movies will be released on physical media in 4K Ultra HD on Dec. 1. Bruce Willis stars as John McClane in all of the Die Hard films. The original movie finds the New York City policeman taking on terrorists after he flies to Los Angeles to be with his estranged wife and two children on Christmas ... TNCMS.AdManager.render({region: 'fixed-big-ad-top-asset', slot: 1, fold: "above"}); The trailer for Stick season 2 is here. Owen Wilson stars as the talented golfer who strives for second chance in the sophomore season. Peter Dager, Timothy Olyphant, Rhea Seehorn, Marc Maron, John Higgins and Billy Zane also make up the cast of the new season. The Apple TV series premieres its first two episodes on Nov. 4. A new episode drops weekly every Wednesday that follows until the season finale airs on Dec. 30 ...Copyright © 2026, ABC Audio. All rights reserved. Thank you for reading kmaland.comAt KMA, we attempt to be accurate in our reporting. If you see a typo or mistake in a story, please contact us by emailing kmaradio@kmaland.com.
GIGABYTE Announces Support For Upcoming LGA 1700 Processors On Its Motherboards, Hinting At Raptor Lake “NEXT”
GIGABYTE confirms support for Intel's upcoming Raptor Lake NEXT LGA 1700 processors on B760 and H610 motherboards, enhancing budget-friendly builds.
Who’s really in charge? AI, decision rights, and accountability
This is the fifth in a series on AI and leadership. I was recently speaking with a friend in executive recruiting who told me how many companies are increasingly using AI in their internal hiring processes. AI does more than sort resumes or identify qualified applicants. It can rank candidates, assess fit, flag strengths and…
Kyle Richards’ daughter Alexia reveals on “Special Forces ”she was ‘taken advantage of by a friend’
The “Real Housewives of Beverly Hills” star shared that neither of her parents know about the experience.
Minka Kelly and Imagine Dragons singer Dan Reynolds break up
Minka Kelly and Dan Reynolds have ended their four-year relationship. The two met in 2022 after meeting through a mutual friend, following Reynolds' separation from wife Aja Volkman.
‘Gatorade man’ back in business, getting support from community
MEMPHIS, Tenn. — “The Gatorade Man” was back at work Thursday and is getting some help from friends after he was charged with blocking traffic at his usual Midtown corner. Demarcu…
Arts and Entertainment lineup for Oct. 9-19
Note: for a complete list of calendar events from around Garfield County and the Roaring Fork Valley, go to http://www.postindependent.com/entertainment/community-calendar/. Embervine: A Night of ’70s, ’80s and ’90s Hits What: Bring your friends and your...
Scaring up a new business: these UCI friends are all about the fright
UCI college friends look toward becoming professional creators of horror attractions and themed experiences. This month, they're running The Phantom Tower at Playground Mini Golf in Huntington Beach.
Guest Opinion: Tanya Murren: A Business Owner Invested in Madras—and My Friend
I’ve enjoyed getting to know Tanya Murren and have come to appreciate the energy, creativity and enthusiasm she brings to everything she does. With 38 years of experience building and […]
For the Record: The Sun Belt has unfinished business, a championship reunion, and 39 letters of trouble
Week 6 brings an old Louisiana rivalry back to life and sends an unbeaten team into unfriendly territory.
Summary of Business: FRA 2026 Joint National and Lake States Region Fall Meeting
FRA’s Joint National and Lake States Region Fall Meeting brought members and friends from across the country to Green Bay, WI, September 29 to October 1, for committee business…
World War II Collection At Weeks Library Book Sale
LANCASTER, N.H. — The Friends of Weeks Memorial Library in Lancaster will be holding their annual Columbus Day weekend book sale Saturday, October 10, from 9 a.m.-3 p.m.. This sale
Inside 'GaryVee' Vaynerchuk's VeeFriends Empire: Comics, Characters, TV
From Resy to Empathy Wines, VaynerX chairman Gary “GaryVee” Vaynerchuk knows how to build a profitable business.
Arsenal Beat Norwich City In International Break Friendly
Arsenal faced a Norwich City academy side in a friendly during the international break, in a bid to maintain fitness ahead of upcoming matches.
Produced water forum brings science, questions to Iraan
More than 50 residents, ranchers, elected officials, industry representatives and water stakeholders gathered at the Iraan Civic Center Friday, Oct. 2, for a first-of-its-kind local discussion centered on whether highly saline produced water from Permian Basin oil and gas operations could one day be treated and beneficially reused. Hosted by Friends of the Pecos River and the Texas Produced Water Consortium, the forum ran from 9:30 a.m. to noon and included presentations, refreshments and an extended public question-and-answer session.
When your friend becomes your first mental health lifeline
When mental-health support feels out of reach, people often turn to friends. In Kenya, Mental 360 trains young people to listen, offer psychological first aid, and connect people to professional care.
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.
Sutter Health tests sleep-friendly hospital room innovations
Hospital rooms often make it difficult for patients to sleep due to bright lights and loud noises, but Sutter Health is working to change that at its Innovation Center in San Francisco.
Decades-old frozen pizza brand ends production, leaving fans nostalgic
Conagra Brands said the move is expected to improve margins, while longtime fans of the budget-friendly frozen pizza shared nostalgic memories online.
Women’s Friendly Preview: Germany vs. Australia
Germany entertain Australia in Karlsruhe on Friday as women's football takes the first international break of the season. Both sides are already qualified for the 2027 Women’s World Cup.Christian W�...
Discover Long Island revamps website for visitors, locals
Discover Long Island has launched a redesigned website aimed at providing an immersive and user-friendly experience for both visitors and locals. The site incorporates AI-driven features, improved navigation and local storytelling to showcase Suffolk County and regional attractions, with plans to add international translations and itinerary-building tools in the future.
China’s thorium-229 nuclear clock beats Vienna’s on stability, studies show
Chinese and European teams in ‘fierce but friendly’ competition to develop the next-generation timepieces.
TST Images: Chile defeats Mexico, 2-0, in Los Angeles
LOS ANGELES - Chile defeats Mexico, 2-0, during an international friendly on October 6, 2026 at Los Angeles Memorial Coliseum and The Sporting Tribune's Ric Tapia was there to capture the following TST Images.
Eminem and Kid Rock Prioritize Friendship Over Politics on New Collab Track
The longtime friends have teamed up for a new track set to appear on Kid Rock's 13th studio album, 'Halfway to Jesus.'
Hudson River Park to Present Fall Science and Family Events
Hudson River Park will offer science, sustainability and family-friendly programming through the fall, including aquarium tours, hands-on experiments and…
Tickets available Holiday Home Tour
Support senior nutrition in Yolo County beginning by buying tickets to Friends of Meals on Wheels' 24th annual Dickens in the Valley Holiday Home Tour, taking place Saturday, Dec. 5,
Patagonia’s CEO is worried about political apathy—so the company offered 112,000 people $100 to help 3 friends plan to vote
The $11.2 million incentive disappeared in four days. Researchers say a friend’s nudge could help turn environmental concern into votes.
Messi's stats and records with Argentina 🇦🇷 🐐
Simply the GOAT.On Tuesday night into Wednesday, Lionel Messi will bid farewell to Argentina in a friendly against Benin.Over his 21 years wearing the Albiceleste shirt, La Pulga has racked up records...
‘Business for Democracy’ Sees Friends Rising and Keep Showing Up Rally in Downtown Plaza
On a scorching 100-degree Saturday midday on October 3, 2026, local volunteers from Culver City and Friends Rising, joined by Keep Showing Up Culver City, led a march and rally. The demonstration f…
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.
Zachary Levi, Neal McDonough revive family-friendly Western with ‘Angel and the Badman’
Angel and the Badman stars Neal McDonough and Zachary Levi share why stories of redemption are among the most important Hollywood can tell, particularly at a time when audiences are looking for
As Taiwan expands Arizona chip plant, China warns against developing political ties
The world's biggest chipmaker now manufactures at scale in Phoenix, as well as Taiwan. China is warning political leaders in Arizona to not get too friendly.
Countdown now on to proper football returning
When the final whistle blew on the Premier League match at Craven Cottage on Sunday 20 September, we new it was going to be tough, but this tough??? Yes, this absolutely ridiculous three week break for largely meaningless internationals, so many pointless friendlies (including the Nations League nonsense). The Premier League had only kicked off four weeks earlier and then a break of three weeks so early in the season… Please let it make sense.
5 faith-filled, family-friendly movies streaming this fall
For viewers looking for faith-filled and family-friendly entertainment as the weather cools down, here are five films making their way to streaming platforms, with stories of faith and courage
Michael Douglas recalls shocking response from friends after cancer diagnosis
Michael Douglas says his cancer diagnosis revealed how few people in his life would check in.
Houston high school football: Week 6 takeaways and top performers
Landen Williams-Callis is passing Texas high school football legends, Friendswood is off to its best start in 16 years, Bridgeland is surging toward another district title run.
Michael Douglas recalls painful response from friends after cancer diagnosis
Michael Douglas says his cancer diagnosis revealed how few people in his life would check in.
Stephen King and Peter Straub’s Other Worlds Than These Will Break Your Heart
‘The Talisman’ finale is an emotional adventure story, resurrecting old friends, forgotten memories, and vanished worlds.
USA vs. Canada: How to watch, stream international friendly
Two of Concacaf's elite teams clash Tuesday evening when the United States host Canada at Allianz Field, home of Minnesota United FC.How to watch & streamUSA: TNT, truTV, HBO Max, Universo, PeacockCan...
Eminem and Kid Rock Preach Political Unity After Years on Opposite Sides
Eminem and Kid Rock found common ground despite their political differences. The longtime friends reunited for “7 Sins,” a new track that Kid Rock said could offer a lesson about staying connected des...
Chimpanzees steal less pineapple from their friends
The new research sheds more light on the evolutionary origins of friendship.
Business Beat : Halloween activities planned at the Branch County Fairgrounds
COLDWATER, MI (WTVB) - The Branch County Fairgrounds will host a pair of family-friendly Halloween events this...
What Holding Eye Contact While Someone Speaks Really Reveals About Your Psychology, According to Science
You are mid-conversation with a friend, nodding along, and suddenly you wonder: am I looking at them too much? Or not enough? Most of us treat eye contact like an automatic reflex – something we either do or don’t, without thinking twice. But researchers say the way you hold someone’s gaze while they speak is...
Jobs in health care. Jobs for women. The US labour market is segmenting. Chernobyl’s radiation and Lenin’s love of literature.
Thank you for opening your Chartbook email. Elmer Bischoff, Two Figures at the Seashore, 1957 The only really dynamic job-creator in the US economy is health care: The largest crunch has come in Federal government, which has shed 2.7 m jobs. Source: tchouvkov on Twitter Tech is struggling. [ Joey Politano 🏳️🌈@JosephPolitano The US tech sector continues bleeding jobs in official data released today—overall, employment decreased by 17k last month and is down 69k over the last year That's nearly as bad as the worst of the 2024 tech-cession, and much worse than the 2022 boom or even pre-2020 norms 12:42 PM · Oct 2, 2026 · 15.2K Views 15 Replies · 47 Reposts · 390 Likes ](https://x.com/JosephPolitano/status/2106001807847940232?s=20) The new jobs are all for women. [ Justin Wolfers@JustinWolfers I'm not sure who saw this coming, but so far nearly all the jobs created during the second Trump administration have gone to women. 1:09 PM · Oct 2, 2026 · 33K Views 70 Replies · 146 Reposts · 644 Likes ](https://x.com/JustinWolfers/status/2106008723533533601?s=20) Meanwhile, real wages are being eaten up by modest over-target inflation. [ Heather Long@byHeatherLong The financial pain is real: Wage growth fell to 3% (y/y) in September. That's the lowest in 5 years. Wage growth: 3% Inflation: ~3.4% Inflation has eaten up all wage gains for the average worker since April. Many people are having to make hard choices about what to buy and what … 1:24 PM · Oct 2, 2026 · 37K Views 24 Replies · 275 Reposts · 533 Likes ](https://x.com/byHeatherLong/status/2106012367712620728?s=20) HEY READERS, THANK YOU for opening the Chartbook email. I hope it brightens your day. I enjoy putting out the newsletter, but tbh, what keeps this flow going is the generosity of those readers who clicked the subscription button. If you are persuaded to click, please consider the annual subscription of $60. It is both better value for you and a much better deal for me, as it involves only one credit card charge. Why feed the payments companies if we don’t have to. Subscribe Elmer Bischoff, Bathers, 1960 Americans are disillusioned with higher ed. For contributing subscribers only. Subscribe Where the Chernobyl radiation went. h/t Simon Kuestenmacher aka simongerman600 How Lenin’s love of literature shaped the Russian Revolution - Tariq Ali This, then, was the intellectual atmosphere in which Lenin came of age. His father, a highly cultured conservative, was the chief inspector of schools in his region and much respected as an educationalist. At home, Shakespeare, Goethe and Pushkin, among others, were read aloud on Sunday afternoons. It was impossible for the Ulyanov family – “Lenin” was a pseudonym adopted to outwit the tsarist secret police – to escape high culture. At high school, Lenin fell in love with Latin. His headteacher had high hopes that he might become a philologist and Latin scholar. History willed otherwise, but Lenin’s passion for Latin, and taste for the classics, never left him. He read Virgil, Ovid, Horace and Juvenal in the original, as well as Roman senatorial orations. He devoured Goethe during his two decades in exile, reading and rereading Faust many times. Lenin put his knowledge of the classics to good use in the time leading up to the October revolution of 1917. In April of that year, he broke with Russian social-democratic orthodoxy and, in a set of radical theses, called for a socialist revolution in Russia. A number of his own close comrades denounced him. In a sharp riposte, Lenin quoted Mephistopheles from Goethe’s masterwork: “Theory, my friend, is grey, but green is the eternal tree of life.” Source: The Guardian Elmer Bischoff, The River, 1953 If you’ve scrolled this far, you know you want to click: Subscribe
Silicon Valley hottest funding source: the Bank of Best Friends
As big money deals in venture capital dry up, tech founders are asking mom, dad, and friends to open their wallets.
Greater Rochester Chamber of Commerce, Rochester Mental Health Alliance to Host "Building Your Bank of Resilience" on 11/17
The Greater Rochester Chamber of Commerce and the Rochester Mental Health Alliance will be hosting “Building Your Bank of Resilience”, a community discussion featuring Dr. Naomi Hall and Recovery Friendly Workplace, on November 17, 2026, from 8:00 am to 9:30 am. Read the flyer below for additional details.
Inside the court case for the brother of Hayden Panettiere's boyfriend
Zach Hickerson, brother of late actress Hayden Panettiere's boyfriend Brian Hickerson, is looking to resolve a case that landed him behind bars earlier this month.
FBI Director Kash Patel gets engaged to longtime girlfriend, country singer Alexis Wilkins
FBI Director Kash Patel and longtime girlfriend Alexis Wilkins are announcing their engagement on social media | WBBM Newsradio 780 AM & 105.9 FM
FBI Director Kash Patel gets engaged to longtime girlfriend, country singer Alexis Wilkins
FBI Director Kash Patel and longtime girlfriend Alexis Wilkins are announcing their engagement on social media | WWJ Newsradio 950
FBI Director Kash Patel gets engaged to longtime girlfriend, country singer Alexis Wilkins
FBI Director Kash Patel and longtime girlfriend Alexis Wilkins are announcing their engagement on social media.
FBI Director Kash Patel gets engaged to longtime girlfriend, country singer Alexis Wilkins
FBI Director Kash Patel and longtime girlfriend Alexis Wilkins are announcing their engagement on social media | WWL
Scientists Find a Surprising Link Between Cats And Happiness Across 93 Countries
A purr-fect pet friend?
How Americans’ Financial Health Is Faring In The “K-Shaped” Economy
Hey all, Jason here. Money20/20 is still two weeks away, but I’ve already started packing (not procrastinating for once!). My calendar is already filling up with various sessions I want to catch, meetings, and of course happy hours, dinners, and other side events. If you’ll be in Vegas and want to catch up, let me know by replying to this email, and we can try to find a time amidst the chaos of the Venetian. A big if not totally unexpected piece of news dropped on Friday: the Independent Community Bankers of America, a trade group that represents smaller U.S. banks, filed a lawsuit against the OCC and Comptroller Jonathan Gould, arguing that the regulator’s move to grant trust bank charters to firms seeking to use them to conduct substantial non-fiduciary activities exceeds the authorities granted to the OCC by Congress. I haven’t had time to fully digest the legal filing or speak to folks in my network about it, but you can expect to see coverage and analysis on it in next week’s newsletter. Subscribe or Support by Upgrading The NerdCon agenda just dropped. It’s stacked. Partner content: Nubank built an AI-first bank. Chime built its own banking core. Figure and Valon are rebuilding the mortgage stack. At NerdCon, you’ll hear from the people behind those bets: what they chose, what they learned, and what they’re still figuring out. The agenda is live, with leaders from Nubank, Chime, OpenAI, Remitly, Mercury, Figure, Valon and more. Follow the mainstage conversations, bring the problem your team is wrestling with to a hands-on workshop, or pull up a chair at a roundtable. Pick your quests. Meet us in San Diego, November 18–20. Fintech Business Weekly readers save 20% with code FBW20. Explore the Agenda Things To Know & Other Good Reads Federal Reserve Board finalizes changes to enhance the transparency and public accountability of its stress test and reduce volatility in its stress test-related capital requirements (Federal Reserve Board of Governors) FDIC Announces Conclusion of Independent Monitorship (FDIC) Modernizing Financial Regulation: Initial Observations from eSLR (Fed Vice Chair for Supervision Michelle Bowman) The Data Version of Godzilla versus Kong: FRED Takes on AI (Fed Governor Christopher Waller) Financing the AI buildout (Brookings) Q3’26: Rules for Banks but Not for Crypto (Fintech Takes Banking) The Inevitability of Local Stablecoins (Lombard Notes) Delusions of AI Governance: The Human-in-the-Loop Comfort Blanket (Fintech Snark Tank) Stripe agrees to acquire Parafin to expand revenue opportunities for platforms and help small businesses grow (Stripe) Listen: Fighting Fraud in the Age of AI, with SEON’s Tamas Kadar (Fintech Business Weekly) How Americans’ Financial Health Is Faring In The “K-Shaped” Economy If there is one overarching theme across the economy and politics in the U.S. at the moment, it’s “affordability.” The term is vague enough to encompass a panoply of factors shaping Americans’ day-to-day lives: rising costs for the hallmarks of being “middle class,” including healthcare, housing, childcare, and education, inflation and rising interest rates, and a job market with the specter of AI hovering over it. At the same time, policy shifts under the Trump administration have resulted in reduced subsidies to those who get health insurance under the Affordable Care Act and new restrictions on qualifying for Medicaid and SNAP, the impacts of which have yet to be fully felt. These factors are contributing to declining consumer confidence and general dissatisfaction with the economy, despite continuing GDP growth and stock market records. This divergence is encapsulated in the idea of the “K-shaped” economy, in which a small proportion of Americans have seen their wealth balloon, while the majority of American households struggle to preserve the lifestyle they have. Perhaps the greatest determinant of which branch of the “K” a household is on is whether their wealth and income are primarily derived from employment vs. from assets. Nearly two decades of low interest rates and, more recently, elevated rates of inflation have benefited asset owners, while those whose income is primarily or solely derived from labor have largely seen real purchasing power stagnate or decline. This is reflected in recent Bureau of Labor Statistics data showing that labor share of U.S. GDP — the fraction of economic output that accrues to workers as compensation in exchange for their labor — dropped to just 52.8% in Q2 2026, the lowest since the BLS began keeping records. In 1947, approximately 2/3rds of economic output accrued to workers; even as recently as 2001, labor’s share of GDP was 64.1%. Against this backdrop, we’ve seen the rise of more credit and credit-like products: cash advance apps, “no-fee” overdraft, earned wage access, and buy now pay later, which are often used as small-dollar short-term borrowing mechanisms to meet immediate consumption needs or pay other bills (eg utilities, cell phone, other debt payments). With the markers of a middle class existence and, increasingly, basic financial stability seemingly out of reach for many, it should be no surprise there’s been an increase in “financial nihilism,” something industry peers like Alex Johnson and Frank Rotman have discussed and analyzed the roots of. The explosion of gambling and gambling-adjacent products and services — often marketed under the guise of being an “investment” — is inextricably intertwined with the rise of financial nihilism. Crypto, sports betting, and, more recently, prediction markets offer an escape or even hope of sorts, like a contemporary, digital version of a scratch-off lottery ticket, while leaving the overwhelming number of people who use such products worse off. Share of Households That Are Financially “Vulnerable” Ticks Up The Financial Health Network’s 2026 Financial Health Pulse® report adds context on how American households are faring. (I linked to this report in last week’s newsletter, but wanted to take time to further unpack the data in the report this week.) The Financial Health Network publishes the report annually, providing insight into how Americans’ financial circumstances are changing over time. The 2026 report is derived from a survey fielded in April and May 2026. The report leverages survey responses to assess indicators of financial health across spending, saving, borrowing, and planning/protecting and to determine a zero to 100 “FinHealth” score. Those with scores between 0 and 39 are considered “Financially Vulnerable,” consumers with scores ranging between 40 and 79 are defined as “Financially Coping,” and those with scores of 80 to 100 are “Financially Healthy.” The report found that moderate improvements in 2025 were reversed, with the share of respondents considered financially “vulnerable” rebounding to 17%. The longitudinal data reflect the impact of pandemic-era programs, like expanded unemployment, cash stimulus payments, and pauses of federal student loan payments. The positive impacts of those programs, as reflected in the Financial Health Pulse reports, had largely disappeared by 2023. While pandemic-era inflation — to be fair, in part caused by the various support and stimulus measures — had come down from as high as 9% in 2022, it has rebounded since the start of Trump’s second term, with tariffs and energy market disruptions owing to the war in Iran pushing prices back up. Specific indicators in the survey that deteriorated from 2025 to 2026 include the share of respondents spending less than their income over the past 12 months, the share paying all bills on time over the past 12 months, the share that have a manageable amount or no debt, the share that are “moderately” or “very” confident their insurance is adequate to cover them in an emergency, and the share that “somewhat” or “strongly” agree that their household plans ahead financially. Unsurprisingly, lower- and moderate-income households are more likely to struggle to pay their bills on time and have any funds leftover to save. The share of low-income households whose income exceeded their spending dropped from 35% in 2025 to 31% in 2026, while the share of upper-income households whose income exceeded expenses remained unchanged at 63%. Households with student loans or revolving credit card debt reported having “a bit more” or “far more” debt than was manageable at rates far higher than those not carrying these types of debts. The share of those with student loan debt indicating their debt load was too high to manage increased from 50% in 2025 to 55% in 2026, while the share of those with revolving credit card debt saying the same ticked up from 51% in 2025 to 54% in 2026. Households that had student loans were markedly more likely to be financially “coping” or “vulnerable” vs. those without student loans. In 2026, 27% of households with student loans were considered financially vulnerable, a jump of 6% points vs. 2025. Households without student loans saw just a 1% point increase (not statistically significant) in those considered financially vulnerable. Households’ perception of the affordability of categories of goods and services paints a stark picture, with less than one-fourth considering higher education affordable, about a third deeming childcare affordable, and less than half viewing healthcare as affordable. Fintech Business Weekly is made possible by the generous support of paying subscribers — bringing you independent analysis of banking, fintech, and crypto without fear or favor. You can support my work by becoming a paying subscriber if you aren’t already. Paying subscribers enjoy: access to the entire archive of nearly six years of newsletters extended versions of the weekly newsletter, with additional content and analysis and (for founding member tier) quarterly personal 1:1 fintech Q&A / strategy calls with me, tapping into my unparalleled knowledge of the intersection of banking and fintech and experience working in the sector, including helping to launch Goldman Sachs’ retail bank Marcus Support Fintech Business Weekly You can also support Fintech Business Weekly by sponsoring a newsletter or podcast, putting you in front of 93,000+ of the most influential decision makers in banking, fintech, and crypto. Learn more about sponsor opportunities or request a media kit by dropping me an email. Democratic Senate Report Highlights How Iran Uses Tether to Evade U.S. Sanctions Iran uses stablecoins, specifically Tether, to evade sanctions, fund regional proxies, and to purchase military drones, a report released last week by the Senate Permanent Subcommittee on Investigations says. The report was authored by committee ranking member Senator Richard Blumenthal (D-CT) and the minority staff. Crypto and stablecoin proponents will often push back on criticism that criminals make use of these assets by arguing that, on an absolute dollar basis, far more illicit funds flow through traditional banking systems and payment rails than via crypto and stablecoins. And while that is likely true, it elides the reality presented in news story after news story: whether state actors — Russia, Iran, North Korea — or criminal groups, those looking to engage in illicit transactions increasingly favor stablecoins and, specifically, Tether (USDT). The report from the Senate Permanent Subcommittee on Investigations released last week adds context to how Iran uses Tether has a lynchpin in its shadow banking system. The report analyzed 846 wallets that have been sanctioned or targeted for seizure, finding that 84% of them transacted exclusively or primarily in Tether. The ability to create near limitless, anonymous wallets and to move funds effectively instantaneously and irreversibly have made crypto a favored financial mechanism for bad actors. Stablecoins solved key drawbacks of bitcoin, namely, the original cryptocurrency’s highly volatile value in dollars. And while Tether (the company) has the technical ability to “freeze” or destroy funds, the company is often limited and reactive in its approach to doing so, the Senate report argues. Tether, which is nominally based in crypto-friendly El Salvador, “has stated that its compliance with OFAC sanctions is ‘voluntary’ and that it follows ‘OFAC guidelines,’” the Senate report says. Owing to these favorable attributes, Tether “became a primary cryptocurrency for Iran, Hamas, Hizballah, and the Houthis beginning in 2023 and has expanded in scale since,” according to the report. Tether’s role in Iran’s shadow banking system, the report says, is enhanced by crypto exchanges like Bybit, Kyrrex, OKX, Gate, and Binance, and through “over the counter” exchanges and hawala networks. The consequences of these financial flows aren’t hypothetical. The Senate report links Tether as a funds transfer mechanism to Iranian proxies in the region, including Hizballah, the Houthis, and Hamas. Tether has also been used to make payments to secure components necessary to manufacture drones, the report says. The report concludes by arguing that “[s]tablecoin issuers with a significant nexus to the United States, particularly those that offer dollar-denominated stablecoins, should be subject to American sanctions law rather than being allowed to hide behind foreign jurisdictions.” Stablecoin issuers like Tether must be held accountable for repeated failures to prevent illicit finance and sanctions violations by law enforcement, the Department of Justice, the Securities and Exchange Commission, and OFAC, the report argues. [Paying Subscriber Exclusive] OUSD Goes Live, Make Your Own Neobank, U.S. Sanctions Russia’s A7 Network As “Transnational Criminal Organization” OpenUSD, the stablecoin issued by the Open Standard consortium that includes Stripe, Visa, Mastercard, core providers, crypto firms, and numerous banks, went live last week. Social commerce platform Whop raised eyebrows in fintech by offering creators on its platform the ability to launch their own neobanks, which the company describes as “great businesses that are easy to run,” in just 15 minutes. And OFAC and FinCEN target Russia’s “shadow banking” A7 Network — more on these stories after the paywall.
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