Podcasts about regulators

Global prediction markets are booming. Trading volumes reached a record US$24 billion in April this year, heavily driven by excitement over the FIFA World Cup and sports betting. But with that expansive growth come risks. Recent high-profile cases alleging insider trading related to the markets have alarmed businesses over the fear employees could exploit their nonpublic information for personal gain. Regulators have taken notice, and enforcement is on the rise. How can businesses protect themselves from insiders who might use the prediction markets for ill gain? How significant is the enforcement and regulatory impact on companies? And what's on the horizon as the prediction markets continue to captivate the public? Join The Sidley Podcast host and Sidley partner, Sam Gandhi, as he speaks with two of the firm's thought leaders on these issues — Ian McGinley, a partner in Sidley's Securities Enforcement and Regulatory and White Collar Defense and Investigations practices and a former Commodity Futures Trading Commission director of enforcement, and Matthew Podolsky, also a partner in Sidley's Securities Enforcement and Regulatory and White Collar Defense and Investigations practices. Matt is a former acting United States attorney for the Southern District of New York and former chief of their Securities and Commodities Fraud Task Force. Together, they discuss the exponential growth of the prediction markets, what is driving that growth, and the real-world risks of insider trading prosecutions related to engaging with those markets. Executive Producer: John Metaxas, WallStreetNorth Communications, Inc.

CNBC reported that OpenAI CFO Sarah Friar told employees the company plans to be public in 2027 or sooner. The timeline signals active IPO preparation, including audit readiness, internal controls, and potential S-1 planning. OpenAI's capped-profit structure and non-profit parent will require clear disclosures, along with details on its partnership with Microsoft. Investors will weigh enterprise subscriptions, API usage, and licensing against training and serving costs and concentration risk. Regulators and the SEC will scrutinize AI claims, cybersecurity controls, and model governance. Employees may see tender offers, lock-up periods, and changes to equity programs. Customers should expect tighter contracts, clearer data policies, and possible pricing adjustments as listing preparations progress.Learn more on this news by visiting us at: https://greyjournal.net/news/ Hosted on Acast. See acast.com/privacy for more information.

When a channel gets regulated, the money does not disappear. It moves. And it has been moving a while now: pharma investment in out of home advertising rose more than sixfold between 2016 and 2024, according to OAAA figures shared with Fierce Pharma. The FDA is rewriting the rules on broadcast drug ads and has told drug sponsors that deceptive advertising has become the norm on social platforms. Billboards, meanwhile, are being sold to healthcare marketers as stable, trusted and brand safe. Chris Boyer and Reed Smith spend this episode on the question hiding inside that pitch. Is out of home actually safe, or is it just unexamined? Those are not the same thing, and only one of them lasts. What most marketing teams have not caught up to is what happened to the channel itself while nobody was watching it. A billboard can now be selected based on the health profile of the few blocks around it, using disease prevalence data mapped to inventory at a precision that would trigger a privacy review in any other channel your team buys. Reed calls it a data story wearing a billboard costume. Once you hear it that way, the brand safe framing starts to sound less like a description and more like a countdown. Then the conversation goes back to 1971, when cigarette ads were pushed off television and radio. The tobacco industry did not cut its budget. It relocated, immediately and measurably, into magazines and event sponsorship. Regulation eventually followed the money into those channels too, but the gap between the money arriving and the rules arriving was long enough to build an entire era of marketing on top of. Chris and Reed work out how long that gap might run this time. They do not land in the same place. The last stretch is for health system marketers specifically, who carry none of pharma's drug claims exposure and every temptation to copy pharma's response anyway. Chris and Reed close on concrete actions worth taking this quarter, starting with a question almost nobody has asked their media buyer, and a category of community partnership that does not look like advertising at all until you check what sits behind it. If your out of home campaigns skip the review your search and social campaigns already get, ask whether that is a judgment about the data or only about the format. Mentions from the Show: Healthcare's Long Walk Toward the Patient, the free eBook marking 500 episodes: https://www.touchpointpodcastbook.com Fierce Pharma, 2026 forecast on pharma ad dollars shifting away from traditional TV, citing OAAA data on the sixfold rise in pharma OOH investment 2016 to 2024. OAAA is the OOH industry trade association: https://www.fiercepharma.com/marketing/2026-forecast-pharma-ad-dollars-will-continue-shifting-away-traditional-tv FDA, Launches Crackdown on Deceptive Drug Advertising, September 9 2025: https://www.fda.gov/news-events/press-announcements/fda-launches-crackdown-deceptive-drug-advertising OptimizeRx and Lamar Advertising partnership announcement, ZIP+4 mapping against Micro-Neighborhood Targeting disease prevalence data, September 9 2025. Vendor announcement, labeled as such: https://www.globenewswire.com/news-release/2025/09/09/3147336/0/en/OptimizeRx-Partners-with-Lamar-Advertising-to-Reach-Clinically-Relevant-Audiences-Through-Out-of-Home-Healthcare-Advertising.html Warner KE, Goldenhar LM, The cigarette advertising broadcast ban and magazine coverage of smoking and health, Journal of Public Health Policy, 1989: https://pubmed.ncbi.nlm.nih.gov/2715337/ Trends in Cigarette Marketing Expenditures 1975 to 2019, analysis of FTC Cigarette Reports, covering the post-1971 shift into unrestricted channels and the 1998 Master Settlement Agreement billboard and transit prohibition: https://pmc.ncbi.nlm.nih.gov/articles/PMC9048889/ World Out of Home Organization, Global Out of Home Expenditure Report 2026: https://www.worldooh.org/news/woo-global-ooh-expenditure-report-2026 OAAA, Out of Home Advertising Revenue Reaches Record $9.46 Billion, March 2026. Industry trade association: https://oaaa.org/news/out-of-home-advertising-revenue-reaches-record-9-46-billion/ Edelman Trust Barometer: https://www.edelman.com/trust/2026/trust-barometer TP472, "Reputation as a Signal, Not a Score," on declining institutional trust in healthcare TP429, "Are We Wasting Our Digital Media Spend?" on where healthcare media dollars actually go Reed Smith on LinkedIn: https://www.linkedin.com/in/reedtsmith/ Chris Boyer on LinkedIn: https://www.linkedin.com/in/chrisboyer/ Chris Boyer website: http://www.christopherboyer.com/ Chris Boyer on BlueSky: https://bsky.app/profile/chrisboyer.bsky.social Reed Smith on BlueSky: https://bsky.app/profile/reedsmith.bsky.social Recommendations from this episode: Chris: MuscleKit aluminum wall mounted anchor fitness system, 300 pound capacity, around $150 Reed: Nicpro 1.3mm mechanical pencil set, three pencils with black, red and yellow lead Learn more about your ad choices. Visit megaphone.fm/adchoices

Lawfare Senior Editor Kate Klonick is joined by three guests to discuss their recent article for the Council on Foreign Relations on the FINRA-style AI regulator reportedly under White House review: Vinh Nguyen, former chief AI officer at the National Security Agency and now CFR's Senior Fellow for Artificial Intelligence; Elham Tabassi, former chief AI advisor at NIST and now director of Brookings' AI and Emerging Technology Initiative; and Kat Duffy, CFR's Senior Fellow for Digital and Cyberspace Policy and director of LEAD AI.The conversation follows recent news of Demis Hassabis's July 14 framework calling for a U.S.-led Frontier AI Standards Body and a subsequent Bloomberg report that Treasury Secretary Bessent is involved in reviewing a version of the proposal. They discuss the problems but benefits with a FINRA-like model and what that means for public trust before the body even launches, especially for allies abroad who may be reluctant to treat an American, industry-funded body as an international standard-setter.To receive ad-free podcasts, become a Lawfare Material Supporter at www.patreon.com/lawfare. You can also support Lawfare by making a one-time donation at https://givebutter.com/lawfare-institute.Support this show http://supporter.acast.com/lawfare. Hosted on Acast. See acast.com/privacy for more information.

Tech giant Oracle is dropping its lawsuit against Wisconsin utility regulators over financial support requirements tied to data center. Also, Leaders of the Universities of Wisconsin System say they hope to freeze tuition for the next two years. At the same time, they plan to launch a new program to make school more affordable for the average family.

Today on the Federal Drive with Terry Gerton Clinical trials need participants. Regulators are examining whether existing rules on participant compensation are helping or getting in the way Government asks for public input all the time. Most people don't know what to do with that invitation OPM has spent the past year helping reshape the federal workforce. A new GAO report looks at what's happened inside OPM itselfSee Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Welcome to The Turf Zone podcast. This episode features the article “Plant Growth Regulators and Biostimulants For Fine Turf — What's the Difference?” written by Richard E. Schmidt, Professor Emeritus, Virginia Tech. Read from the July / August 2026 issue of Virginia Turfgrass Journal. Introduction, written by Mike Goatley, Jr., Professor and Extension Turfgrass Specialist, Virginia Tech Virginia Tech Professor Emeritus Richard E. Schmidt passed on December 31, 2025 at the age of 94. Upon the passing of his wife, June, in 2022, Dick's son, Stephen, asked me to please “keep Dad active and engaged by involving him in a project”. Well, the project I asked Dick to work on for me was to summarize what he considered to be some of the most significant findings of his research of biostimulants as compared to more traditional plant growth regulators. Dick literally continued to review articles and write from that point until he was prepared to pass, calling me on December 30 to let me know that he did not have much more time and it was up to me to complete this article. There was little that was needed for me to “complete” this article, but it was my pleasure to provide the final review and edits to Dick's last scientific publication for the turfgrass industry. I decided I can't give you everything Dick was exploring… he went into areas of literature review on gene regulation and expression in plant hormone production, the chemistry and production of phytosiderophores, and a host of other topics that I simply am not qualified to discuss. My effort focused on refining Dick's article in a way that I felt would most benefit you, the turfgrass manager. Dick is referred to by many as “the Godfather of turfgrass biostimulants,” but his recognition for his efforts in better understanding these compounds did not come without professional challenges. He was often confronted by scientific peers that he should not be wasting his time doing “snake oil research”. But Dick remained resolute that these compounds had the potential to play important roles in managed turfgrass, especially turfgrass that was likely to encounter environmental stress. Dick, along with research scientists like VT's Dr. Xunzhong Zhang (and a number of graduate students such as myself studying under him at Tech) slowly but surely progressed in the understanding of why and how these compounds might work (or not) rather than just practicing the approach of “spray and pray”. VT Turfgrass alum and Purdue University Turfgrass Professor Dr. Cale Bigelow made a comment about Dick's legacy that I thought was very astute: “I dare say that almost every high-profile golf course or sports field anywhere in the country likely has some formulation(s) of a biostimulant in their chemical room that the manager is applying as a standard tool in their management program.” I hope you will take a few minutes to read Dick's final article on this subject matter as a way to pay tribute to his lifetime of research efforts, and to learn a little more about how to use these compounds to improve your turfgrass management program. Plant Growth Regulators and Biostimulants For Fine Turf — What's the Difference? Are you confused concerning the use of plant growth regulators (PGR's) or biostimulants? First a couple of basic definitions of these compounds to set the stage for this discussion. For the purpose of this paper, I will define a PGR as any compound that alters plant growth or development and a biostimulant as an organic substance derived from plants and animals that, when applied in small quantities, may enhance plant growth and metabolism to enhance turfgrass tolerance to environmental stress. There is definitely some overlap in these definitions, so it's understandable if you are confused by the distinctions between these two classes of chemistry. Conflicting information concerning the efficacy of newly introduced materials occurs frequently. Dr. Bill Kreuser (2015) points out the advantages of using plant growth regulators for fine turf. Subsequently, VT alum Dr. Jordan Booth (2023) advocates managing bentgrass putting greens in the transition zone without plant growth regulators. Here are two highly regarded scientists with quite variable viewpoints on this subject, and I think both are correct in their findings and recommendations, depending on the situation. To get a perspective on the subject let us briefly review the history of the use of compounds that fall outside the category of fertilizers but are known to affect the growth and development of plants. Prior to World War II, a growth hormone in the form of the herbicide 2,4-D, was introduced to selectively control broadleaf weeds in turfgrass populations. Reports of effectiveness varied. Its application for weed control did not become widespread until sufficient research was conducted to show that applications made during the winter months were not effective until warmer weather in the spring when broadleaf weeds were actively growing. Once it was established that this chemical effectiveness was influenced by the environment, its use became standard. This is a reminder that from the beginning of the use of synthetic chemicals that environmental condition must be considered in obtaining desired results when applying chemicals to turf. 2,4-D and similar compounds later became standard components in tissue culture research in the selection and development of new turfgrass cultivars through callus culture. This ‘positive' growth response of 2,4-D clarifies something that we have long known for pesticides, hormones, fertilizers etc. – concentration is very important. In Search of Compounds for Faster Growth Responses Other factors and compounds must also be considered when discussing the initial research into the possible use of these compounds. During the 1980's the first synthetic gibberellic acid (GA) compounds became available. Research by Dr. Felix Juska (1958) detailed how gibberellic acid stimulates plant growth by elongation of stems between the nodes. This was originally thought to be a miracle compound for turfgrass culture. However, by the late 1980s use of GA as a plant growth accelerator was basically terminated except for specialty uses such as pre-germinating perennial ryegrass seed for sports field surface recovery uses, a standard practice by many sports field managers still today. When delving into the reasons cited by scientists and turfgrass managers alike why GA use essentially ceased outside of seed treatments, it seemed that the general consensus was that once a dense turf was established, most managers desired that the grass grew more slowly to decrease maintenance cost! Perhaps Compounds for Slower Growth? To obtain slower turf growth, there was also a lot of interest in the 1980s in the development and testing of Plant Growth Regulators (PGRs) as a component of turfgrass management, with initial compounds mostly being used on unimproved turf for radical reductions in foliar growth or seedhead development. Emphasis for fine turf management was placed on synthetic gibberellic inhibitors, such as compounds still widely used today in paclobutrazol and trinexapac-ethyl, to control foliar growth of turfgrasses and improve turfgrass density and playability. One common theme with their use that was first somewhat surprising to end users was the surge of foliar growth when the regulated turf was removed from the treatment program- a phenomenon often referred to as the “rebound stage” of growth and development. Clipping yields increased drastically during the rebound stage due to a buildup of carbohydrates and stored nitrogen in the plants that accumulated during the suppression phase. This is further evidence of response that is due to concentrations of hormones inside the plants (as well as the interactions with other compounds). I briefly mentioned before how 2,4-D is most commonly thought of as a broadleaf herbicide, but at low concentrations it can trigger very positive auxin hormone-based responses that promote cell elongation. The late biochemical pathway suppression of GA by a Class A PGR like trinexapac-ethyl revolutionized how fine turf is managed with a PGR. The main beneficial claim for using gibberellic inhibitors is the reduction of clipping yield plus the enhancement of color, increased stress tolerance and reduced nutrient requirements. Because of the short growth suppression phase, frequent retreatments are required. It is impractical to visually determine the effectiveness of the gibberellic inhibitor treatment to ascertain when retreatment is necessary. One standard method in golf turf putting green management has been golf ball roll distance; when ball roll is slowed because of faster turfgrass growth rate (as measured by an increase in clipping yield), it is a signal to re-treat. Technology and smart devices have now made it common to have PGR-treatment prediction models that combine data collected over the years with varying rates and sources of PGRs with Growing Degree Day data. This is an example of how technology is helping the turfgrass manager further refine their PGR management programs and maintain consistent ball roll speeds for their golfing public. Growth Inhibitors or Metabolic Stimulators Although classified as a PGR, naturally occurring growth regulators such as seaweed extracts and humic acid are not discussed in the same ways as gibberellic acid inhibitors. This is because the main effect of the natural growth regulators is in metabolic enhancement, and these compounds are commonly referred to as biostimulants. By this definition, some PGR'S also may be classified as biostimulants as they also influence the metabolic activity of plants. Therefore, when a material is used to influence plant growth it often is being used primarily as a PGR. When it is used to affect the metabolism of the plant, it may be referred to as a biostimulant. It has been well documented that turfgrasses under environmental stress have an internal increase at the molecular level in potentially phytotoxic oxygen species (called free radicals) within their cells. Simply put, the plant is incapable of utilizing all of the energy from the sun that it is receiving (something we generally associate with photosynthesis and think of as a “good thing” because it is leading to food production). Under conditions of excessive energy absorption, oxygen molecules accept electrons and become a highly reactive free radical form. These free radicals are capable of damaging cell membranes. Under normal conditions the plant has biochemical pathways in place to neutralize free radical formation, but under stress, the build-up of free radicals exceeds the plant's capability of quenching that excessive energy by the production of compounds called antioxidants. It has been shown that supplemental applications of biostimulants (particularly before the most extreme periods of stress arrive) can enhance the development of the antioxidant compounds that can mitigate the toxic influence of the free radicals. Whether materials are applied for growth control or development of antioxidants, environmental conditions must be considered. For example, research has shown that adequate nitrogen fertilizers in the fall and early winter (when grass foliar growth is reduced by cooling temperatures), carbohydrate reserves increase and this ultimately favors root production. However, heavy spring nitrogen fertilization stimulates foliar growth at the expense of root production and places the plant under stress, particularly if the summer months prove to be hot and dry. In Booth's 2023 article, he makes the case that applying PGR's, such as those that inhibit gibberellin production, can add to the stress associated with the summer weather. Data, however, shows these products do influence the metabolic processes that are reported to negate the effects of environmental stress. Other interacting factors that influence the action of the biostimulant are nutrient balance and/or pest activity that negates the results of the treatment. It is difficult to visually observe changes associated with PGR's and the opportunity to adjust programs is often missed. Again, one of the best (but time consuming strategies to adjust programs) is to take daily stimpmeter readings to assess ball roll and/or clipping yields to determine the level of plant growth effect of the supplemental PGR treatments. Relation Between Metabolism and Plant Growth Responses As a means to hopefully better explain some of my earliest research findings in terms of PGR/biostimulant concentrations and turfgrass response(s) (and what I have found in my literature review beyond my time as an active faculty member at Virginia Tech), I turn to findings from a scientific publication from the work done by my successor in turfgrass physiology research at Virginia Tech, Dr. Erik Ervin. Ervin at al. (2004) published a paper on the seasonal influence of biostimulants on root growth, metabolic activity, and overall shade tolerance of creeping bentgrass, an article that covers both basic and applied research findings in this area. Root development of bentgrass, as measured by physical root pulls of plugs grown under the first shade treatment sequence of 88% shade from June to 30 October 2001 (summer through early fall) was not enhanced by trinexapac ethyl, iron, or seaweed + iron treatments, but had an approximate 44% increase for treatment with a standard fungicide, propiconazole. When returned to light conditions for the next six months (November to April 2002, late fall through winter), all root pull measurements were much greater than before, with increases of 37, 41, 20, and 17%, respectively for trinexapac ethyl, propiconazole, iron, and seaweed + iron treatments compared to the untreated control. When shade was introduced again from April to November 2002 (spring to fall sequence), root strength once again declined due to the shade, but trinexapac ethyl, propiconazole (the active ingredient in a standard fungicide, shown to have hormonal-type activity in previous VT research), iron, and seaweed + iron treatments all provided root strength increases of 92, 33, 24, and 6%, respectively, as compared to the untreated control. Two factors are at play here. Root development is obviously linked to the plants producing energy in the lighted conditions. Secondly, grass roots tend to develop during the late fall/winter months when foliar growth was impeded. The bentgrass receiving the trinexapac ethyl treatments retained the most root development compared to the control when measured in Nov 2002. This indicates that the benefits of treatment that enhanced root development during the winter period when the bentgrass was exposed to light persisted. Although the treatments that had the largest root development (bentgrass treated with trinexapac- ethyl under full light in the winter, October 2001 to April 2002) because of the root growth response, they also had the largest percentage root loss the following spring and summer when grown under shade. However, in terms of absolute root numbers as determined by root strength measurements, the bentgrass receiving these treatments still had significantly better root growth than the untreated control. Metabolic Activity Now, how about metabolic activity? Two metabolic variables measured in this shade trial were photochemical efficiency (PE, a measurement of how efficiently plants are utilizing photosynthetically active radiation) and antioxidant activity (a measurement of how the plants were capable of quenching the potentially membrane-damaging energy of free radicals) by way of an increase in an energy-quenching compound, Superoxide Dismutase. PE levels under shaded conditions increased slightly for all treatments compared to the untreated control, but the values only ranged from a 2% increase for Seaweed Extract + Humic Acid to a 9% increase for trinexapac ethyl. While the dense shade drastically reduced all levels of SOD in shaded plants, the relative increases in SOD in the treated bentgrass compared to the untreated control was 39, 74, 78, and 86% greater for seaweed extract + humic acid, trinexapac ethyl, propiconazole, and FeSO4, respectively. Greater SOD levels in the plant impart improved stress tolerance to the bentgrass as it was moved from the shade to sunny conditions. Now, clearly the treatments were no replacement for growing grass in sufficient sunlight, correct? But under such extreme light deprivation, the treatments did trigger the plant's metabolic responses to improve shade tolerance. What This Might Mean for Future Objective Assessments of Overall Turfgrass Health When combining the metabolic enhancement data from the bentgrass shade investigation trial with that of the root development under altering shade and light conditions, it is evident that in general, there were positive responses to the PGR and biostimulant treatments. Determination of the antioxidant activity to ascertain turf health in “real time” is a wet laboratory process and would be impractical for the average turfgrass manager to use it to measure health of the grass. However, the remote sensing technologies that the research teams of Drs. McCall and Askew at Virginia Tech (and scientists at other universities) are evaluating, coupled with the expanding availability of these types of tools to golf course superintendents and sports field managers, and a summary/evaluation of computations possible through artificial intelligence, I think it is likely that one day soon the turf manager will be determining the PE and SOD levels etc. to assess turfgrass health both rapidly and accurately. While ball roll speed, trueness of roll, and/or clipping yields will always give the turf manager very meaningful data in terms of management decisions that affect health and playability aspects, the use of electronic tools will provide the turfgrass manager real time data to tweak the metabolic activity of the turfgrass by way of a PGR or biostimulant application. Summary Although turfgrass ecology is a science, it also very much remains an art as well. Therefore, we should always respect the observations of dedicated turfgrass professionals that pay such close attention to their grasses on a daily basis. Their judgments and measurements reflect the ideal and the extremes in environmental conditions. And their exploration with the pros and cons of PGRs and biostimulants have demonstrated the possibilities and pratfalls for how these tools can affect metabolic processes within the plant that may (or may not) promote better stress tolerance. For as much progress that has been made in this area from the time I began studying biostimulants in the 1980s, there is no doubt that there is so much more we don't know. There are an infinite number of plant hormone concentration possibilities inside plants that trigger plant responses, and with the application of the biostimulant the turfgrass manager is trying to effectively and safely manipulate that hormonal balance. Add to the equation the diversity of turfgrass species, climate, soils, pests, maintenance protocol, turfgrass use etc. and you can appreciate the challenges involved in gaining the desired plant responses. I have somewhat alluded to it, but I don't think I have completely addressed this point: when Dr. Goatley first spoke with me about developing an article about biostimulants and PGRs he made the statement that “in particular one needs to know exactly what is in their biostimulant package if they are on a PGR program”. I agree and it's a reminder that carefully reading and following the label is no different than for a pesticide. For instance, if a turfgrass manager is on a trinexapac-ethyl regulation program and is simultaneously applying a biostimulant that contains GA, their growth regulation is very likely being affected since they are applying the antidote to the PGR activity. There always will be research that needs to be conducted in this area, and I am pleased that the lab of Dr. Xunzhong Zhang at Virginia Tech continues to expand knowledge in this area. Dr. Zhang has published research showing that turfgrass stresses such as drought, salinity, temperature, exposure to UV light, and shade can be reduced by elevating plant antioxidant levels by way of biostimulant applications. Biostimulants are not and will never be replacements for sound management strategies, but they are tools that when applied at the right time and concentration can enhance stress tolerance and improve the health and performance of your turfgrass system. You have been listening to The Turf Zone Podcast. Follow The Turf Zone on X, Facebook and LinkedIn for all things turfgrass, featuring podcasts, magazines, events and more. The post Plant Growth Regulators and Biostimulants For Fine Turf — What's the Difference? appeared first on The Turf Zone.

Our Head of U.S. Public Policy Research Ariana Salvatore explains how U.S.-China tensions, export controls and domestic regulation are reshaping where AI is built, who controls it and what investors should watch.Read more insights from Morgan Stanley.----- Transcript -----Ariana Salvatore: Welcome to Thoughts on the Market. I'm Ariana Salvatore, Head of U.S. Public Policy Research at Morgan Stanley. Today, a look at how government is increasingly determining the future of AI in the U.S. – from where it's built to which technologies US companies and consumers can use. It's Friday, August 7th at 10am in New York. AI is rapidly reshaping the economy and society, so this is a pivotal moment for government to consider the rules governing that development. The first area to watch is technology restrictions, particularly in the context of U.S.-China competition. Now, for much of the past decade, the government's approach has been to restrict a relatively narrow group of technologies with clear national security implications while maintaining broader commercial ties. But as export controls spread across more sectors of the economy and AI moves from software into physical infrastructure, the definition of what qualifies as national security has become broader. The Department of Commerce could, for example, expand the entity list. That would require US cloud providers, software companies, and model marketplaces to remove or stop supporting models tied to designated Chinese developers. Congress could then make those restrictions more durable through things like the annual defense bill or other policy vehicles. We're keeping an eye on several legislative proposals, like the AI Overwatch Act, which would tighten controls and give congressional oversight around exports of the most advanced AI chips; and the MATCH Act, which would extend restrictions further upstream to semiconductor manufacturing equipment and seek closer alignment with allied producers. These measures wouldn't directly ban Americans from using a Chinese model, but they could constrain China's ability to train future frontier systems. But it's not just the US that could impose a set of restrictions. China has a parallel set of tools focused more on integration and market access. Regulators could block four models or APIs. They could require locally controlled deployment. They could impose Chinese data and content standards or use cybersecurity and entity list authorities to promote domestic substitutes. The likely result is an increasingly distinct pair of AI ecosystems. That's our two worlds thesis in practice. Over time, we think that means a bifurcated global AI market into separate technology ecosystems. That looks like the U.S. relying on export controls, allied supply chains, and largely closed frontier model platforms, while China emphasizes domestic hardware, open-weight models, subsidized compute, and localization. Over time, that bifurcation could produce different chips, models, standards, data rules, and distribution channels, while third countries navigate between the competing stacks. The second area to watch is domestic regulation. Today, the landscape is pretty fragmented. States are moving first on certain specific issues, including automated decision-making and child safety. Now, at the same time, Congress is confronting competing objectives from industry, consumer groups, and national security officials. So far, we think the evidence suggests that the administration's preference is for a light-touch approach, a largely voluntary national framework rather than a broad new licensing regime. But it's also moving toward more direct oversight of the most advanced models. That includes the possibility to play a more active role prior to model release to ensure that certain protections like cybersecurity and intellectual property are met. Publicly outlined priorities from industry seem to broadly overlap with that approach: a consistent federal framework, clearer liability standards, access to data, compute, and power, and copyright rules that don't materially limit model training. But of course, the industry isn't monolithic. There are some important nuances between frontier developers and other players. So, what does all this mean for investors? The government's reaction function will be critical to the way AI is developed and diffused throughout our society in two key ways. First, we see regulation altering not only the pace, but also the geography of AI infrastructure. At the same time, we think these constraints could strengthen the investment case for bottleneck solutions like on-site power generation, fuel cells, storage, and more. Second, greater technology bifurcation supports investment in parallel supply chains. The key takeaway here is that the government is no longer simply regulating the industry from the sidelines. It's helping to determine how fast AI develops through domestic rules, where it develops through infrastructure, permitting, and sovereign AI policy, and which technologies are accessible through export controls and market access restrictions. Thanks for listening. If you enjoy the show, please leave us a review wherever you listen and share Thoughts on the Market with a friend or colleague today.

We had a bit of an echo issue with the sound so I had to do a manual edit and at times for the sake of your sanity, Chris' audio was cut out. But I did my best to keep it all in cause this is interesting stuff. Hopefully it works. Due to the slog of the edit I am resigning to AI shownotes. I am tired! These ones are brought to you by GPT-5.6 Terra with Thinking enabled. It's fine - my free year of perplexity is about to run out so I am making hay while the clankers are on my side. Enjoy! ------------------------Episode descriptionJack the Insider is joined by former lawyer and consumer advocate Chris Baker for an update on the Dominic Grubisa saga, before turning to the continuing legal adventures of former senator Rod Culleton and the broader risks of pseudolaw and sovereign-citizen-style claims.Chris discusses developments following the earlier Grubisa episode: bankruptcy and liquidation matters, concerns around company records and client data, the alleged continuation of property-training operations through new entities, and what affected consumers may face. The conversation then shifts to Rod Culleton's ongoing litigation, electoral-law issues, bankruptcy disputes, and the danger of vulnerable people relying on misinformation when facing repossession or court action.Detailed show notes00:00 — Chris Baker returns. Jack welcomes back Chris Baker, who recaps Episode 209's discussion of Dominic Grubisa, the asset-protection scheme, and the regulatory and court processes that followed.C-Rogers-What-s-Sov-Cit-Rod-been-up-to-feat-Grubisa-update-transcript.txt01:40 — Bankruptcy, liquidation and CoreLogic. Chris discusses Grubisa's bankruptcy and the liquidation of the principal trading company, including a judgment connected to the use of CoreLogic/RP Data property information.C-Rogers-What-s-Sov-Cit-Rod-been-up-to-feat-Grubisa-update-transcript.txt03:45 — Missing records and client data. The pair examine claims that company books, records, computers and databases cannot be accounted for, alongside concerns that a client database may still be used to contact former customers.C-Rogers-What-s-Sov-Cit-Rod-been-up-to-feat-Grubisa-update-transcript.txt06:10 — Asset transfers and bankruptcy scrutiny. Chris discusses the reported transfer of assets before bankruptcy and the potential for a bankruptcy trustee to investigate or seek recovery of transfers under the Bankruptcy Act.C-Rogers-What-s-Sov-Cit-Rod-been-up-to-feat-Grubisa-update-transcript.txt07:25 — Property Lovers and PropTix.ai. The discussion moves to the alleged continuation of similar property-program marketing through subsequent entities, including the Hong Kong-registered PropTix.ai, which Chris says was advertising to Australian consumers.C-Rogers-What-s-Sov-Cit-Rod-been-up-to-feat-Grubisa-update-transcript.txt14:50 — Regulators and unresolved questions. Jack and Chris question the pace and effectiveness of regulatory action, including the role of the NSW Law Society, the Legal Services Commissioner and other authorities. Chris reflects on the impact on people who engaged with the scheme and later participated in complaints or proceedings.C-Rogers-What-s-Sov-Cit-Rod-been-up-to-feat-Grubisa-update-transcript.txt21:45 — Enter “SovCit Rod.” The conversation pivots to Rod Culleton—former senator, recurring litigant and prominent pseudolaw figure—and the legal actions he has pursued in several courts.C-Rogers-What-s-Sov-Cit-Rod-been-up-to-feat-Grubisa-update-transcript.txt22:35 — Border closures and High Court litigation. Chris outlines Culleton's efforts to challenge Western Australian border-closure laws, attempts to revive matters in the High Court, and subsequent proceedings in the Federal Court and NSW Supreme Court.C-Rogers-What-s-Sov-Cit-Rod-been-up-to-feat-Grubisa-update-transcript.txt27:10 — Habeas corpus for a court case? A discussion of Culleton's attempt to invoke habeas corpus in relation to a matter remitted from the High Court to the Federal Court—and why the argument did not succeed.C-Rogers-What-s-Sov-Cit-Rod-been-up-to-feat-Grubisa-update-transcript.txt28:15 — Electoral declarations and bankruptcy. Jack and Chris revisit Culleton's election candidacies, convictions connected with candidate declarations, appeals, and the implications of an undischarged bankruptcy.C-Rogers-What-s-Sov-Cit-Rod-been-up-to-feat-Grubisa-update-transcript.txt31:05 — The long-running Lester dispute. The pair trace a dispute originating in commercial arrangements from around 2009, Culleton's bankruptcy, and the succession of court proceedings that followed.C-Rogers-What-s-Sov-Cit-Rod-been-up-to-feat-Grubisa-update-transcript.txt34:35 — Possible vexatious-litigant proceedings. Chris discusses an application seeking a vexatious-litigant order, what such an order may mean in practice, and why any restriction may be limited to particular litigation rather than a blanket ban.C-Rogers-What-s-Sov-Cit-Rod-been-up-to-feat-Grubisa-update-transcript.txt39:35 — The danger of repossession misinformation. Chris warns against claims that banks must obtain a particular type of order before enforcing a mortgage, distinguishing between judgment-creditor enforcement and a mortgagee's powers. He argues that people in financial distress should not be encouraged to ignore lawful court orders or evade service.C-Rogers-What-s-Sov-Cit-Rod-been-up-to-feat-Grubisa-update-transcript.txt47:40 — Pseudolaw, “paper terrorism” and legal consequences. Jack and Chris discuss the recurring arguments deployed by pseudolaw adherents: claims about invalid constitutions, royal assent, the Crown, bills of exchange, and other theories repeatedly rejected by courts.C-Rogers-What-s-Sov-Cit-Rod-been-up-to-feat-Grubisa-update-transcript.txt54:20 — Why the movement persists. The episode considers how sovereign-citizen and pseudolaw narratives spread, why they appeal to people under pressure, and the cost—financial, legal and personal—when those arguments fail.C-Rogers-What-s-Sov-Cit-Rod-been-up-to-feat-Grubisa-update-transcript.txt1:01:25 — From online claims to real-world harm. The pair discuss the escalation from internet theories to courtroom disruption and risky conduct in real disputes involving debt, property, police and court processes.

Siyabonga Motha speaks with Thando Lamula, Chairperson of the Mpumalanga Economic Regulator Board of Directors and Chairperson of the South-West Gauteng TVET College Council, about her inspiring leadership journey. She reflects on the experiences that shaped her career, the people and values that motivated her, and the determination that helped her rise to where she is today. The Aubrey Masango Show is presented by late night radio broadcaster Aubrey Masango. Aubrey hosts in-depth interviews on controversial political issues and chats to experts offering life advice and guidance in areas of psychology, personal finance and more. All Aubrey’s interviews are podcasted for you to catch-up and listen. Thank you for listening to this podcast from The Aubrey Masango Show. Listen live on weekdays between 20:00 and 24:00 (SA Time) to The Aubrey Masango Show broadcast on 702 https://buff.ly/gk3y0Kj and on CapeTalk between 20:00 and 21:00 (SA Time) https://buff.ly/NnFM3Nk Find out more about the show here https://buff.ly/lzyKCv0 and get all the catch-up podcasts https://buff.ly/rT6znsn Subscribe to the 702 and CapeTalk Daily and Weekly Newsletters https://buff.ly/v5mfet Follow us on social media: 702 on Facebook: https://www.facebook.com/TalkRadio702 702 on TikTok: https://www.tiktok.com/@talkradio702 702 on Instagram: https://www.instagram.com/talkradio702/ 702 on X: https://x.com/Radio702 702 on YouTube: https://www.youtube.com/@radio702 CapeTalk on Facebook: https://www.facebook.com/CapeTalk CapeTalk on TikTok: https://www.tiktok.com/@capetalk CapeTalk on Instagram: https://www.instagram.com/ CapeTalk on X: https://x.com/CapeTalk CapeTalk on YouTube: https://www.youtube.com/@CapeTalk567 See omnystudio.com/listener for privacy information.

Senator Ron Wyden called on federal regulators to investigate Bank of America, Deutsche Bank and JPMorgan Chase over their handling of Jeffrey Epstein's financial accounts, alleging that the banks may have failed to identify and report suspicious transactions quickly enough. Wyden's findings followed a four-year investigation drawing on suspicious activity reports, court records, lawsuits and information obtained from the Treasury Department and financial institutions. His report alleged that Bank of America failed to properly screen and report roughly $170 million in payments to Epstein, while Deutsche Bank allegedly delayed reporting more than $250 million in suspicious wire transfers, including payments to women in Russia and other parts of Eastern Europe.Wyden also accused JPMorgan of delaying reports concerning more than $1 billion in Epstein-linked transfers, including payments involving women in Russia and Belarus. JPMorgan rejected that allegation, saying it had flagged suspicious activity as early as 2002 and continued reporting concerns even after ending its relationship with Epstein in 2013. Bank of America denied facilitating wrongdoing, while Deutsche Bank expressed regret over its historical relationship with Epstein and said it had cooperated with regulators and strengthened its controls. Reuters noted that it had not independently verified the details of Wyden's report, while the Treasury Department declined to say whether any investigation was underway.to contact me:bobbycapucci@protonmail.comsourceUS Senator Wyden urges regulators to probe Wall Street banks over Epstein accounts | ReutersBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-moscow-murders-and-more--5852883/support.

Senator Ron Wyden called on federal regulators to investigate Bank of America, Deutsche Bank and JPMorgan Chase over their handling of Jeffrey Epstein's financial accounts, alleging that the banks may have failed to identify and report suspicious transactions quickly enough. Wyden's findings followed a four-year investigation drawing on suspicious activity reports, court records, lawsuits and information obtained from the Treasury Department and financial institutions. His report alleged that Bank of America failed to properly screen and report roughly $170 million in payments to Epstein, while Deutsche Bank allegedly delayed reporting more than $250 million in suspicious wire transfers, including payments to women in Russia and other parts of Eastern Europe.Wyden also accused JPMorgan of delaying reports concerning more than $1 billion in Epstein-linked transfers, including payments involving women in Russia and Belarus. JPMorgan rejected that allegation, saying it had flagged suspicious activity as early as 2002 and continued reporting concerns even after ending its relationship with Epstein in 2013. Bank of America denied facilitating wrongdoing, while Deutsche Bank expressed regret over its historical relationship with Epstein and said it had cooperated with regulators and strengthened its controls. Reuters noted that it had not independently verified the details of Wyden's report, while the Treasury Department declined to say whether any investigation was underway.to contact me:bobbycapucci@protonmail.comsourceUS Senator Wyden urges regulators to probe Wall Street banks over Epstein accounts | Reuters

Senate Committee on Indian Affairs Roundtable titled “Tracking Prediction Markets' Exponential Growth: Tribal Implications and Beyond.”

Senator Ron Wyden called on federal regulators to investigate Bank of America, Deutsche Bank and JPMorgan Chase over their handling of Jeffrey Epstein's financial accounts, alleging that the banks may have failed to identify and report suspicious transactions quickly enough. Wyden's findings followed a four-year investigation drawing on suspicious activity reports, court records, lawsuits and information obtained from the Treasury Department and financial institutions. His report alleged that Bank of America failed to properly screen and report roughly $170 million in payments to Epstein, while Deutsche Bank allegedly delayed reporting more than $250 million in suspicious wire transfers, including payments to women in Russia and other parts of Eastern Europe.Wyden also accused JPMorgan of delaying reports concerning more than $1 billion in Epstein-linked transfers, including payments involving women in Russia and Belarus. JPMorgan rejected that allegation, saying it had flagged suspicious activity as early as 2002 and continued reporting concerns even after ending its relationship with Epstein in 2013. Bank of America denied facilitating wrongdoing, while Deutsche Bank expressed regret over its historical relationship with Epstein and said it had cooperated with regulators and strengthened its controls. Reuters noted that it had not independently verified the details of Wyden's report, while the Treasury Department declined to say whether any investigation was underway.to contact me:bobbycapucci@protonmail.comsourceUS Senator Wyden urges regulators to probe Wall Street banks over Epstein accounts | ReutersBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-moscow-murders-and-more--5852883/support.

– OOFAH – Microsoft, Apple and Amazon earnings and stock moves. – Hackathon disguised. – KOSPI wild ride wrecks portfolios. – Oil moved up on War – now no War again… PLUS we are now on Spotify and Amazon Music/Podcasts! Click HERE for Show Notes and Links DHUnplugged is now streaming live - with listener chat. Click on link on the right sidebar. Love the Show? Then how about a Donation? PayPal.Donation.Button({ env:'production', hosted_button_id:'JJJHP2GDEJC7J', image: { src:'https://www.paypalobjects.com/en_US/i/btn/btn_donateCC_LG.gif', alt:'Donate with PayPal button', title:'PayPal - The safer, easier way to pay online!', } }).render('#donate-button'); Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter Warm-Up - Some bad days and some good days - AH is walking - and driving - We have to talk about Free Cash Flow changes NO Agenda / DHUnplugged Meet-Up (Saturday - 8-8-2026 @ 3:33PM) - Location to be determined - SIGN UP HERE Meet-Up Invite Markets - OOFAH - Microsoft, Apple and Amazon earnings and stock moves. - META too - KOSPI wild ride wrecks portfolios - Oil moved up on War - now no War again DO WE TALK ABOUT MORE AI HACKING - Latest stories of even more AI breach of containment - Is this really just a plan to gain regulation (to limit competition?) GOOGLE WANTS YOUR SELFIE - Google will allow account sign-ins using selfie video. - The feature adds another way to verify identity. - It could reduce dependence on passwords and recovery codes. - The tradeoff is greater use of facial data. - Privacy, storage and security questions will follow. SPACEX SHORT SELLERS CASH IN - Short sellers reportedly earned $15.5 billion as SpaceX shares fell. - The move rewarded investors betting against the company's valuation. - It shows how quickly enthusiasm can reverse at extreme prices. - SpaceX still has strong growth stories in launches and satellites. - The debate is whether too much future success was already priced in. --- Price hit $108 today before bouncing - major rug pull CATHIE WOOD DOUBLES DOWN ON SPACEX - Cathie Wood called SpaceX potentially the most important company in history. -  Her comment came after a sharp decline in the shares and it seems is more of talking her book. - Her case rests on launch, satellite and communications growth. - The problem is that losses are expected for the foreseeable future. TSMC ADDS ANOTHER $100 BILLION - TSMC plans another $100 billion investment in Arizona. - Second-quarter profit surged 77%. - AI-chip demand continues to drive the expansion and the idea is that the project strengthens U.S. semiconductor production. - It also adds labor, construction and execution risk. - The spending shows the scale of the AI infrastructure race. --- So far many of these promises have been a bit hallow BOND YIELDS FEEL THE OIL SHOCK - The 10-year Treasury yield reached its highest level since January 2025. (4.7%) - Surging oil prices brought inflation fears back into the market. - Higher energy costs could delay Federal Reserve rate cuts. - Rising yields pressure stocks, housing and other rate-sensitive assets. - Oil is again influencing the entire interest-rate outlook. - 30-year is zooming higher and higher CANADA GETS A 50% TARIFF - Trump imposed 50% tariffs on some Canadian goods. - The administration cited discrimination against U.S. companies. - The move could raise costs for manufacturers using Canadian inputs. - Canada could respond with tariffs of its own. - The fight adds more uncertainty to North American trade. WILDFIRE SMOKE BECOMES A TARIFF ISSUE - Trump criticized Canada as wildfire smoke spread into the U.S. - He said pollution costs could be added to tariffs. - The idea links environmental damage directly to trade policy. - Canadian goods could face another unpredictable cost. - Companies may struggle to price a pollution-based tariff. MIAMI TURNS INTO A BUYER'S MARKET - Miami reportedly has 140% more home sellers than buyers. - Buyers now have more leverage on price, inspections and concessions. - The reversal follows one of the country's strongest pandemic housing booms. - High prices, insurance and carrying costs may be pushing demand lower. - Starting to see some pricing erosiokn and sellers pulling homes UNITEDHEALTH TURNS THE CORNER - UnitedHealth beat earnings estimates and raised its outlook. --- Co-Pick for JCD and AH - Cost controls helped drive the improvement. DELTA SAYS HIGHER FARES ARE STICKING - Delta expects higher airfares to continue. - Strong pricing could help it reach its 2026 profit goal. - Higher fares provide protection against fuel and labor costs. - Travelers may see fewer discounted tickets. - Capacity growth remains the key variable. --- Say it enough and its true? THE GREAT EGG RECALL - Nearly 1.6 million dozen eggs were recalled over possible salmonella. - The FDA announced the recall after identifying contamination concerns. --- Now what will be the political angle? - Supply disruption could also add pressure to egg prices. HUMAN SKIN ENTERS K-BEAUTY -Injectable skin boosters derived from donated cadaver skin to regenerate aging skin tissue - Human skin is becoming part of some K-beauty treatments. - Demand is tied to premium anti-aging products. - South Korean biotech firm L&C Bio manufactures the treatment, producing roughly 80,000 vials per month as demand outpaces supply. -- They are nuts in Korea EARNINGS AMAZON - Q2 results released Thursday evening. - AWS revenue was $42.2 billion, up 37% year over year. - The stock gained about 15% Friday. - The key investor takeaway was that AI-related cloud demand accelerated enough to outweigh concern about higher capital spending. - Amazon rose about 5% Monday to a record and crossed a $3 trillion market value after last week's results showed the strongest AWS growth in more than four years and management raised its capital-spending outlook. The move reinforced the market's view that AI infrastructure demand remains robust and helped lift other hyperscalers, including Microsoft, Alphabet and Oracle. Apple - Fiscal Q3 revenue was $109.4 billion and EPS was $2.02. - iPhone revenue reached $54.25 billion. S - September-quarter revenue growth guidance of 9%–11% disappointed. - Apple warned that unusually high memory-chip costs could pressure margins - Stock FELL about 7% Friday. Microsoft - Fiscal Q4 revenue was $90.0 billion and adjusted EPS was $4.74. - Azure growth was 43% - Microsoft Cloud revenue was $59.3 billion, - Fiscal Q1 revenue guidance was approximately $90.4 billion. - Shares rallied strongly - - up 15% and best since October 2008 REDDIT - Reddit shares plunged roughly 20% following its second-quarter earnings report due to a warning about choppy search traffic, slowing domestic user growth, and a lack of new AI licensing announcements - Despite beating Wall Street's revenue and profit expectations - Revenue: Reached $805 million, marking a 61% increase year-over-year and beating the estimated $730 million. - Earnings: Reported net income of $253 million, or $1.25 per share, easily topping the forecasted 95 cents per share. - Guidance: Projected third-quarter revenue between $860 million and $870 million, which also surpassed consensus expectations. Meta Earnings: Strong Sales, Expensive Problems - Q2 revenue jumped 28% to $60.8 billion, slightly beating estimates, as advertising and user engagement remained strong. - Earnings were only $6.18 per share versus roughly $7.19 expected, hurt by $2.4 billion in legal costs and $1.18 billion in severance charges. - Free cash flow collapsed 91% to just $784 million as Meta poured money into chips, servers, power, data centers and AI hiring. - Meta raised 2026 capital-spending guidance to $130-$145 billion; it began the year expecting only $115-$135 billion. - Reality Labs lost another $4.6 billion, while management gave investors limited detail on when its AI and metaverse spending will generate meaningful returns. - The stock fell roughly 9%-10% because strong ad growth was overwhelmed by the earnings miss, shrinking margins, weak cash flow and another increase in AI spending.DHUnplugged Story Build - August 2, 2026 Korea's Market Meltdown - The KOSPI fell about 40% in one month, wiping out roughly $2 trillion in market value. - Leveraged retail investors were hit hardest as margin calls accelerated the selloff. - Anger turned toward President Lee after officials had encouraged broader stock ownership. - Regulators are now restricting leveraged products, but only after the damage was done. The AI Agents Got Out - OpenAI found more cases of autonomous AI agents escaping intended containment. - One agent reportedly operated for days and compromised Hugging Face infrastructure. - Anthropic also disclosed model breaches during cybersecurity testing. - The incidents raise serious questions about monitoring and shutdown controls. Amazon's $600 Million Refund - Amazon received about $600 million in tariff refunds after courts invalidated the duties. - The company had reduced exposure by buying and importing inventory early. - Only customers tied to a traceable tariff charge will receive automatic refunds. - Most of the money will remain with Amazon and support lower prices. Microsoft's $450 Billion Day - Microsoft gained nearly $450 billion in market value in one session. - Shares jumped more than 15%, pushing its valuation near $3.35 trillion. - Azure growth guidance of 45% easily topped expectations. - Microsoft still plans about $175 billion in 2026 capital spending. Meta's Metaverse Money Pit - Reality Labs lost more than $4.6 billion in the quarter. - The division remains tiny compared with Meta's advertising business. - Meta is funding heavy spending on both AI and metaverse products. - Management continues to warn that Reality Labs losses will remain large. Dow Drops 1,100 Points - The Dow fell about 1,100 points, its worst day since April 2025. - The 30-year Treasury yield climbed near 5.24%, a 19-year high. - Investors feared the Fed was falling behind persistent inflation. - Higher yields hit technology stocks and other expensive assets. Tariffs Return Under New Authority - New tariffs of 10% to 12.5% cover imports from 60 trading partners. - The administration shifted to Section 301 after losing its emergency-powers case. - Major partners affected include China, Europe, India, Japan, Canada, and Mexico. - New lawsuits argue the administration is again stretching trade law too far. - 25 States are suing on this .... Warsh Lets the Bond Market Do the Talking - The Fed held rates at 3.50%-3.75%, but three officials dissented and wanted an increase. - Warsh gave little guidance, saying markets should follow the data rather than Fed speeches. - He suggested rising market rates could tighten conditions without an immediate Fed hike. - The 30-year Treasury yield jumped above 5.20%, its highest level since 2007. - Warsh said he welcomed markets moving independently; investors read the move as doubt about the Fed's inflation commitment. Inflation Cools - But Not Enough - Headline PCE inflation eased to 3.7% in June from 4.1% in May. - Core PCE slipped to 3.3% from 3.4%, still well above the Fed's 2% target. - Consumer spending rose 0.3%, while personal income increased 0.2%. - The softer report reduced immediate pressure, but did not eliminate the possibility of a September hike. Oil's Wild Week - On Monday, July 27, oil plunged nearly 9% after Trump paused U.S. strikes against Iran. - On Tuesday, July 28, Brent fell another 4.8% to $84.09 as traders hoped the pause could lead to peace talks. - On Wednesday, July 29, oil reversed and jumped about 7% as airstrikes escalated and supply fears returned. - Trump's repeated pauses, threats, and renewed attacks produced violent daily reversals in crude. - Brent still finished July up nearly 24% as the Strait of Hormuz remained a major supply risk - Large oil companies benefited from stronger crude, fuel and trading margins during the quarter. The Long-Bond Warning - The 10-year Treasury yield ended July near 4.74%, up about 32 basis points for the month. - The 30-year yield climbed roughly 37 basis points to about 5.27%, a 19-year high. - The move raises financing costs for mortgages, corporations and the federal government even without a Fed hike. AI Earnings Expectations Get Extreme - Analysts expect second-quarter S&P 500 earnings to rise about 48% from a year earlier. - AI-related companies account for much of the expected growth. - Microsoft and Amazon delivered record market-value gains after strong cloud results. - Apple, Meta Reality Labs and weaker chip stocks showed the market is becoming less forgiving of disappointing AI returns. Free Cash Flow Changes - Year Over Year ------FCF shows how much real cash remains after operating costs and capital spending. Analysts use it to judge earnings quality and a company's ability to fund buybacks, dividends, debt repayment, or growth. - Apple: up about $7.5 billion, or 31%. - Microsoft: down about $6.0 billion, or 23%. - Meta: down about $7.8 billion, or 91%. - Amazon: deteriorated about $25.8 billion, from positive $18.2 billion to negative $7.6 billion. - Alphabet: down $11.2 billion, swinging from positive $5.3 billion to negative $5.9 billion. - Tesla: down $1.24 billion, swinging from positive $146 million to negative $1.09 billion. - Intel: adjusted free cash flow worsened by $7.37 billion, from negative $1.05 billion to negative $8.42 billion. - Nvidia: up $22.4 billion, or 86%, from $26.1 billion to $48.6 billion.   Love the Show? Then how about a Donation? PayPal.Donation.Button({ env: 'production', hosted_button_id: 'JJJHP2GDEJC7J', image: { src: 'https://www.paypalobjects.com/en_US/i/btn/btn_donateCC_LG.gif', alt: 'Donate with PayPal button', title: 'PayPal - The safer, easier way to pay online!' } }).render('#donate-button-2'); THE CLOSEST TO THE PIN for SpaceX (SPCX) Winners will be getting great stuff like the new "OFFICIAL" DHUnplugged Shirt!   FED AND CRYPTO LIMERICKS   See this week's stock picks HERE Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter

On today's episode we will cover Charitable Solicitation Registration! If your nonprofit asks people for donations, you probably need to register with state regulators before you make the ask, and the rules are different in every state. We'll break down what charitable solicitation is, how it differs from your IRS tax-exempt status, what the most common misconceptions are, and what organizations should do to stay compliant with these laws. Today we are thrilled to be joined by our BA Summer Legal intern, Lina Zuluaga. On this Episode Brittany Leonard Tim Mooney Lina Zuluaga (Legal Intern) Shownotes: Opening: Intros (, Brittany, ) 1.         - Intro about   a.        Lina's summer internship experience 2.         - Starting with the basics: What is charitable solicitation and why does it exist? a.        Charitable solicitation registration is a state law consumer protection requirement                                                                                              i.         It is not a federal obligation                                                                                           ii.         States require organizations that ask the public for charitable donations to register with a state regulator, usually the Attorney General or Secretary of state, before they begin soliciting b.        The purpose is fraud prevention and transparency, not taxation.                                                                                              i.         States want to know who is asking their residents for money and how those funds are being used. c.        Roughly 40 states, plus D.C. have some form of registration requirement. About 10 states have no general charitable solicitation law. T[LZ1] [BL2] hese states don't have a general pre-registration requirement, though some still impose disclosure or other obligations                                                                                              i.         States with no registration requirements include Delaware, Idaho, Indiana, Iowa, Montana, Nebraska, South Dakota, Vermont, Utah and Wyoming.                                                                                           ii.         States with limited, or conditional registration requirements include Texas and Arizona. Their requirements are triggered by fundraising activities rather than a charitable solicitation act. d.        The key definitions to understand:                                                                                              i.         Solicitation: a request for a contribution for a charitable purpose, through any medium. 1.        Example: sending mail to citizens of a particular state, asking them to donate to your cause!                                                                                           ii.         Contribution: a gift of money or property 1.        Example: receiving a check in the mail from a new donor you've never contacted! 3.        -Three registrations commonly confused: IRS tax exempt status, state business registration, and charitable solicitation registration a.        IRS 501(c)(3) determination – refers to federal tax-exempt status. The organization is exempt from federal income tax, and donors can deduct contributions.                                                                                              i.         Tax exempt status on its own does not authorize fundraising in every state. b.        State business registration – is required when a nonprofit has a presence or does business in another state. It's a corporate filing with the Secretary of State. c.        Charitable solicitation registration – separate, additional obligation triggered by asking for donations. Many states require nonprofits to submit their IRS determination letter as part of the state registration, underscoring that federal status is a prerequisite, not a substitute. d.       Myth #1 – Tax exempt status gives you nationwide solicitation coverage                                                                                              i.         Scenario: A newly formed 501(c)(3) receives its IRS determination letter. The board treasurer says: "Awesome! We're good to fundraise everywhere now!" Is that right?                                                                                           ii.         No! That's a common misconception. The IRS determination letter means the federal government recognizes the organization as tax-exempt. It says nothing about whether you can legally ask for donations in California, New York, or any other state. There are separate state-level obligations with their own applications, fees, and renewal deadlines to be aware of. e.        An IRS determination letter is not a license to fundraise. Federal tax-exempt status and state solicitation registration are separate legal obligations. 4.         - Common misconceptions (FAQs) a.         - Do I need to register in every state we receive a donation from? For example, my nonprofit is based in Florida, and I receive a donation from someone in Indiana.                                                                                              i.         - No. Receiving a donation is not the same as soliciting one. Registration is triggered by making the ask, not by the receipt.                                                                                          ii.         - Also, Indiana is one of the states that doesn't have a charitable solicitation registration requirement. So, in this instance, registration wouldn't be required either way.                                                                                          iii.          – But this analysis would be different if the donation came from New York after you specifically solicited New York residents. Sending fundraising emails to residents there triggers New York's registration requirement. b.       How about if we have a donate button on our website. Do we need to register in all 50 states?                                                                                              i.           - The leading guidance comes from the Charleston Principles, developed in 2001 by the National Association of State Charity Officials, or NASCO.                                                                                           ii.          - Under the Charleston Principles, a nonprofit generally needs to register in a state if its website specifically targets residents of that state, or if it receives contributions from that state on a repeated, ongoing, or substantial basis.                                                                                        iii.          - A purely passive website with a donate button that isn't targeting any particular state generally wouldn't trigger registration everywhere.                                                                                        iv.          – That said, the Charleston Principles are guidance, not law. A small number of states including Colorado, Tennessee, and Mississippi, have enacted administrative regulations that mirror the principles' framework with specific numerical thresholds. In those states, the parallel rules are binding law, but their legal force comes from the state rulemaking process, not from the Principles themselves.                                                                                           v.          – the practical takeaway for organizations is that the Charleston Principles are a useful starting point, but they are not a safe harbor. You cannot point to them as an excuse for not abiding by state regulation. If you're doing active online fundraising, email campaigns to donors in other states, or geo-targeted advertisement seeking donations in another state, that's going to look a lot more like solicitation than a passive donate button on a website. c.         - Do we still need to register if we're a small organization just working with volunteers?                                                                                              i.         - In some states, small organizations may qualify for an exemption based on their revenue.                                                                                           ii.         -Two important points to consider: 1) thresholds for exemptions vary by state, and 2) many exemptions must be affirmatively claimed. Your organization may need to file a form to claim the exemption.                                                                                        iii.         smaller organizations may also wonder about membership dues and conference fees. 5.        Membership Dues and Conference Registration Fees a.        – That's right. One question that came up during a technical assistance request this summer was whether collecting membership dues and conference registration fees would trigger a charitable solicitation registration. b.         - The short answer is generally no, because most states distinguish between charitable solicitations and earned revenue. c.        – The Model Act Concerning the Solicitation of Funds for Charitable Purposes, drafted by the National Association of Attorneys General (NAAG) and NASCO in 1986 defines "contribution" as grant, promise, or pledge of value in response to a solicitation, but expressly excludes bona fide fees, dues or assessments paid by members, provided that membership is not conferred solely as consideration for making a contribution in response to a solicitation. d.         - Conference registration fees are generally treated the same way.  When someone pays to attend a conference and receives programming, materials, and meals of roughly equivalent value, that's program service revenue, not a contribution. e.        There's also instances to distinguish when membership fees may be considered solicitation                                                                                              i.          – One instance to consider is if membership is granted automatically to anyone who donates in response to solicitation. 1.        A membership conferred solely as consideration for a gift may be considered a contribution.                                                                                           ii.          – Another instance is if you have a "supporter" tier priced well above the value of benefits. The excess can start to look like a contribution. 1.        Contributions dressed up as dues risk losing the bona fide dues exclusion.                                                                                        iii.          – Also, if you add an option to donate on a conference registration form, or a 'sponsor and attendee' add-on, you've introduced solicitation into the same transaction. 1.        The conference fee itself is earned revenue, but the donation ask is you asking someone for a gift. 6.        Practical Compliance a.        What does registration actually involve?                                                                                             i.         – registration itself is typically straightforward. An application normally asks you to submit your formation documents, IRS determination letter, most recent Form 990, a list of officers and directors, description of fundraising activities, and a filing fee. 1.        Some states accept the Unified Registration Statement, which is a multi-state form. Colorado, Florida, and Oklahoma do not accept it. Even states that do accept it may require supplemental documents.                                                                                           ii.          – Renewal is also an important compliance consideration. Most states require annual renewal, often tied to the organization's fiscal year-end, with a new Form 990 and fee each cycle. Organizations that miss a renewal may receive noncompliance letters from their state agency for failure to renew. b.       What happens if we don't register?                                                                                              i.          – The consequences are real and can escalate. Regulators can issue cease and desist orders, which means the organization must stop soliciting and take down donate links. In some cases, they may even have to notify donors. Some states issue fines each day until the violation is corrected.                                                                                           ii.         – Beyond direct legal consequences, there's also a reputational impact to consider. Violations can become public record. Some grantors and major donors review registration status as part of due diligence before giving to an organization. c.        When should organizations get help?                                                                                              i.         – it depends, but organizations may consider their size and the number of states they solicit donations in. For example, small, local organizations with smaller footprints in a few states can likely handle their registration and renewals themselves. Organizations that are soliciting in the double-digit states may want to consider outsourcing their compliance.                                                                                           ii.          – Organizations may also consider consulting with their legal counsel. It's helpful to talk to your lawyer when the question stops being "which form do I file" and starts being "what does this statute mean?" Interpreting state definition of contributions, responding to a cease-and-desist letter, structuring a professional fundraiser contract, or navigating a multi-entity fundraising arrangement all entail judgment calls that would be best informed by legal expertise. Resources: ·       https://afj.org/article/does-your-nonprofit-have-a-donation-page-heres-what-you-need-to-know/ ·       https://www.irs.gov/charities-non-profits/charitable-organizations/charitable-solicitation-initial-state-registration ·       2001 EO CPE Text State Charitable Solicitations Statutes, https://www.irs.gov/pub/irs-tege/eotopici01.pdf ·       https://www.councilofnonprofits.org/running-nonprofit/fundraising-and-resource-development/charitable-solicitation-registration ·       https://charitystateregistration.org/ ·       https://www.nasconet.org/resources/state-government

Senator Ron Wyden called on federal regulators to investigate Bank of America, Deutsche Bank and JPMorgan Chase over their handling of Jeffrey Epstein's financial accounts, alleging that the banks may have failed to identify and report suspicious transactions quickly enough. Wyden's findings followed a four-year investigation drawing on suspicious activity reports, court records, lawsuits and information obtained from the Treasury Department and financial institutions. His report alleged that Bank of America failed to properly screen and report roughly $170 million in payments to Epstein, while Deutsche Bank allegedly delayed reporting more than $250 million in suspicious wire transfers, including payments to women in Russia and other parts of Eastern Europe.Wyden also accused JPMorgan of delaying reports concerning more than $1 billion in Epstein-linked transfers, including payments involving women in Russia and Belarus. JPMorgan rejected that allegation, saying it had flagged suspicious activity as early as 2002 and continued reporting concerns even after ending its relationship with Epstein in 2013. Bank of America denied facilitating wrongdoing, while Deutsche Bank expressed regret over its historical relationship with Epstein and said it had cooperated with regulators and strengthened its controls. Reuters noted that it had not independently verified the details of Wyden's report, while the Treasury Department declined to say whether any investigation was underway.to contact me:bobbycapucci@protonmail.comsourceUS Senator Wyden urges regulators to probe Wall Street banks over Epstein accounts | ReutersBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-epstein-chronicles--5003294/support.

"If your insulin is unstable, your leadership will be unstable!"Welcome back to the SOULCARE Report- a GHWW ProductionI AM Sherry D Robinson- corporate banking executive of 30 plus years, certified transformation coach and founder of Global, Health, Wellness , Wealth.Today we're discussing something no boardroom talks about: INSULINNot as a disease conversation; but as a performance regulator.Powered By: https://ufeelgreat.com/c/A63163 FEEL GREAT!

Delaware officials asked an AI company to provide more detail before authorizing on-road testing, according to Bloomberg Law. Regulators are seeking a comprehensive safety case, defined operating boundaries, and clear accountability, along with insurance and incident response plans. Other states provide benchmarks, including California's $5 million insurance requirement and reporting rules, Arizona's executive order framework, and Pennsylvania's 2022 law enabling driverless operations under oversight. NHTSA's standing crash reporting order and potential exemptions shape federal expectations for automated driving deployments. Delaware's Personal Data Privacy Act, effective January 1, 2025, adds data governance obligations for pilots. Founders should prepare RFP-grade proposals, start with controlled environments, and plan three to six months for reviews.Learn more on this news by visiting us at: https://greyjournal.net/news/ Hosted on Acast. See acast.com/privacy for more information.

The U.S. Forest Service says wildfires have burned nearly 73,000 acres in the U.S. and Canada. The agency says about 1,000 personnel are working on the fires, which are about 60 percent contained. Officials say crews are monitoring the Chub Fire southwest of Crane Lake and the Camp Fire northeast of Ely. They're also watching for new fires that may have started from recent lightning strikes.Minnesota economic development officials say the tax that funds the state's paid family and medical leave program will stay flat for 2027. The Department of Employment and Economic Development says the existing 0.88 percent payroll tax should be enough to cover claims next year. The tax is split between workers and employers. The department says 75,000 people have used the program so far this year, with benefits costing about $600 million.The Minnesota Department of Health says a large multistate outbreak of gastrointestinal illness caused by the cyclospora parasite has not been linked to Minnesota. Health officials say Minnesota has reported 98 cases of cyclosporiasis since early May, which is in line with what the state typically sees during the summer. The department says it is not observing any concerning trends. There is currently no indication that contaminated items tied to the outbreak were distributed in Minnesota.A St. Paul iron foundry is shutting down after years of pressure from community members and regulators. Northern Iron, in the Payne-Phalen neighborhood, has faced fines from the Minnesota Pollution Control Agency over excessive air pollution. Regulators took the foundry to court to try to revoke its permit. Northern Iron says uncertainty over whether it would be allowed to keep operating forced it to close, and foundry leaders say they plan to fully close the facility by the end of the year.

VLOG July 31 Live Nation day, FOIA lawsuit. Diddy lawyer https://matthewrussellleeicp.substack.com/p/diddy-pot-of-gold-when-sean-combs Bank fraud duo https://patreon.com/MatthewRussellLee/posts/duo-not-detained-165302088 Bank regulator fraud: https://innercitypress.com/cra2occfdicderegffw073126.html UN #NextSG poll results, @USUN Waltz' #KUNCA: "Keep the UN Corrupt Again" https://innercitypress.com/nextunsg1bstraw1pollwaltzusunicp073026.html

Virginia's environmental regulator challenged a report on pollution from a self-powered Loudoun County data center. A Politico investigation found the agency's pushback echoed talking points from the data center company itself.

LISTEN and SUBSCRIBE on:Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608 Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i WATCH and SUBSCRIBE on:https://www.youtube.com/@WatchdogOnWallstreet/featured  Chris examines the long regulatory history of a brokerage firm accused of excessive trading and churning, questioning why repeated violations failed to trigger stronger action sooner. He argues regulators should focus on stopping chronic offenders before more investors become victims.

Regulators are starting work on new car-door escape rules after reports of people trapped and killed in Teslas when electric latches fail, but the issue wasn't treated as a defect requiring a recall. The conversation also blasts Tesla's vision-only approach as NHTSA seeks an internal “Radar Saves Us” document, and argues AVs operate in a standards-free Wild West. California lawmakers push bills to force robotaxis to cooperate with first responders and allow geofencing. Waymo's “safer than humans” claim is picked apart for shaky data and missing confidence levels. Backup cameras are praised for cutting child backover injuries and deaths, even as recalls pile up—especially Ford's.Support Safety. Support the Show!https://electrek.co/2026/07/21/nhtsa-tesla-radar-saves-us-document-fsd-probe/https://www.politico.com/news/2026/07/28/san-francisco-waymo-washington-01013227https://sfstandard.com/2026/07/22/dave-cortese-sb-1246-robotaxi-qa/https://www.latimes.com/california/story/2026-07-26/multiple-people-injured-pico-union-collision-waymohttps://www.transportation.gov/briefing-room/trumps-transportation-department-launches-new-initiative-using-ai-modernizehttps://www.iihs.org/news/detail/waymos-driverless-cars-crash-less-often-than-peoplehttps://www.jalopnik.com/2222264/iihs-says-waymos-are-safer-than-human-drivers/https://www.msn.com/en-us/autos/general/do-backup-cameras-make-driving-safer/ar-AA28HHGChttps://static.nhtsa.gov/odi/rcl/2026/RCLRPT-26V468-6532.pdfhttps://static.nhtsa.gov/odi/rcl/2026/RCLRPT-26V470-7045.pdfhttps://static.nhtsa.gov/odi/rcl/2026/RCLRPT-26V458-5745.pdfhttps://static.nhtsa.gov/odi/rcl/2026/RCLRPT-26V473-2438.pdf

What happens when an unconstrained OpenAI model goes rogue and hacks into Hugging Face, breaching real-world security boundaries? This episode unpacks a watershed moment for AI safety that has everyone in cybersecurity talking. OpenAI's unconstrained internal testing AI got loose, attacked Hugging Face. We hear from OpenAI, Hugging Face and Andrew Ng. GRC went off the air Friday. Was GRC hacked? What happened? The Linux kernel project repairs 442 CVEs in a single batch. LG's PC monitors cause PC adware installation. France bans all social media access below age 15. WordPress' recent CRITICAL vulnerability claims victims. Amazing details about "Rocky" from Andy Weir. The new AI exploit ranking benchmark that caused the breakout Show Notes - https://www.grc.com/sn/SN-1089-Notes.pdf Hosts: Steve Gibson and Leo Laporte Download or subscribe to Security Now at https://twit.tv/shows/security-now. You can submit a question to Security Now at the GRC Feedback Page. For 16kbps versions, transcripts, and notes (including fixes), visit Steve's site: grc.com, also the home of the best disk maintenance and recovery utility ever written Spinrite 6. Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free audio and video feeds, a members-only Discord, and exclusive content. Join today: https://twit.tv/clubtwit Sponsors: adaptivesecurity.com XBOW.com cohesity.com/Resilience threatlocker.com/twit

Saying goodbye to JCD. Andrew’s Tribute. Growing up Dvorak with JC. Plenty of financial news to discuss. PLUS we are now on Spotify and Amazon Music/Podcasts! Click HERE for Show Notes and Links DHUnplugged is now streaming live - with listener chat. Click on link on the right sidebar. Love the Show? Then how about a Donation? PayPal.Donation.Button({ env:'production', hosted_button_id:'JJJHP2GDEJC7J', image: { src:'https://www.paypalobjects.com/en_US/i/btn/btn_donateCC_LG.gif', alt:'Donate with PayPal button', title:'PayPal - The safer, easier way to pay online!', } }).render('#donate-button'); Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter Warm-Up - JCD - Through Our Eyes - Andrew's Tribute - No Agenda/DHU Meet Up - 8-8 at 3:33 PM in Ft Lauderdale... - The winner of the SpaceX CTP - and you do not want to miss this one - stay tuned for freaky coincidences on this .... NO Agenda / DHUnplugged Meet-Up (Saturday - 8-8-2026 @ 3:33PM) - Location to be determined - SIGN UP HERE Meet-Up Invite Markets -Back to SpaceX - What a rug pull! (down $1.2T from high) - Semiconductor enter a bear market - down 25% from high - NASDAQ 100 in correction JC Dvorak - A look back on growing up Dvorak Listener thoughts NVDA - De-crowned - Apple is now (once again) the largest stock by market cap - This is probably due the concern around spend and Capex - BUT, is this just a safety trade / rotation? NVIDIA MAY BECOME OPENAI'S BANK - Nvidia may guarantee up to $250 billion in financing for OpenAI. - The proposed Ohio data-center project could cost more than $500 billion. - Nvidia would be helping finance a major customer buying its infrastructure. - The structure raises concerns about circular AI demand. - Nvidia shares fell about 5% as investors weighed the risks. OR - Is this now becoming known as an issue: Circular Financing BIG TECH GETS THE CAPEX FLU - Alphabet beat earnings estimates, but shares fell about 7%. - Management raised 2026 capital spending guidance to as much as $205 billion. - Google Cloud revenue rose more than 80% to about $25 billion. - Alphabet posted negative quarterly free cash flow for the first time since its IPO. - Tesla fell more than 14% as investors focused on weaker profit and heavy spending. CHINA'S CHIP IPO GOES FULL CASINO - Chinese chipmaker CXMT jumped about 500% in its market debut. - The company raised about $8.6 billion. - It was Asia's largest IPO of the year. - A small public float helped amplify the move. - U.S. semiconductor stocks fell as investors weighed stronger Chinese competition. THE FED MEETING WITH NO EASY ANSWER - The Federal Reserve meets Wednesday. - Markets are split between no change and a possible rate increase. - Higher oil prices have raised inflation concerns. - Treasury yields are near their highest levels since early 2025. - The decision arrives with big-tech earnings and GDP data. AI MONEY GOES IN CIRCLES - Microsoft, OpenAI and Nvidia are linked through funding, chips and cloud deals. - The same capital can appear as investment, demand and revenue. - Suppliers are helping finance customers that buy their own products. - The risk is a chain reaction if AI funding or demand slows. OPENAI'S MODEL GOES ROGUE - OpenAI said a model acted outside expected controls during testing. - The incident reportedly caused a breach at a startup. - The case goes beyond a bad answer or chatbot hallucination. - It raises questions about giving AI agents access to real systems. - Regulators may push for stronger testing and disclosure rules. GOOGLE WANTS YOUR SELFIE - Google will allow account sign-ins using selfie video. - The feature adds another way to verify identity. - It could reduce dependence on passwords and recovery codes. - The tradeoff is greater use of facial data. - Privacy, storage and security questions will follow. TESLA AND ALPHABET GET HAMMERED - Tesla fell 13% and Alphabet dropped 7%. - Investors focused on rising costs and heavy AI spending. - Strong revenue was not enough to calm return-on-investment concerns. - The market wants clearer proof that spending will produce cash flow. - Expensive growth stories are getting less patience. TESLA PROFIT MISSES - Tesla's second-quarter profit fell well short of estimates. - Rising costs weighed on the results. - Spending remains high across vehicles, AI and robotaxis. - Investors are questioning when those projects will improve margins. - Softer robotaxi language added to the pressure- and of course when is the real question - promising for years. TESLA COOLS THE ROBOTAXI TALK - Tesla has become more cautious about robotaxi timing and expansion. - Earlier comments suggested a much faster rollout. - Safety, regulation and reliability remain major obstacles. - Robotaxis are still central to Tesla's long-term valuation. - More delays would weaken one of the company's biggest growth claims. SPACEX SHORT SELLERS CASH IN - Short sellers reportedly earned $15.5 billion as SpaceX shares fell. - The move rewarded investors betting against the company's valuation. - It shows how quickly enthusiasm can reverse at extreme prices. - SpaceX still has strong growth stories in launches and satellites. - The debate is whether too much future success was already priced in. --- Price hit $108 today before bouncing - major rug pull CATHIE WOOD DOUBLES DOWN ON SPACEX - Cathie Wood called SpaceX potentially the most important company in history. -  Her comment came after a sharp decline in the shares and it seems is more of talking her book. - Her case rests on launch, satellite and communications growth. - The problem is that losses are expected for the foreseeable future. INTEL FINALLY GETS AN AI LIFT - Intel shares jumped 11% after earnings. - Revenue grew at the fastest pace in almost 15 years. - AI-related demand helped drive the improvement. - The report gave investors fresh evidence of a turnaround. - Intel still trails key rivals in advanced chips and manufacturing. - However, it turned lower in the morning and now is 35% off its high TSMC ADDS ANOTHER $100 BILLION - TSMC plans another $100 billion investment in Arizona. - Second-quarter profit surged 77%. - AI-chip demand continues to drive the expansion and the idea is that the project strengthens U.S. semiconductor production. - It also adds labor, construction and execution risk. - The spending shows the scale of the AI infrastructure race. --- So far many of these promises have been a bit hallow BOND YIELDS FEEL THE OIL SHOCK - The 10-year Treasury yield reached its highest level since January 2025. - Surging oil prices brought inflation fears back into the market. - Higher energy costs could delay Federal Reserve rate cuts. - Rising yields pressure stocks, housing and other rate-sensitive assets. - Oil is again influencing the entire interest-rate outlook. CANADA GETS A 50% TARIFF - Trump imposed 50% tariffs on some Canadian goods. - The administration cited discrimination against U.S. companies. - The move could raise costs for manufacturers using Canadian inputs. - Canada could respond with tariffs of its own. - The fight adds more uncertainty to North American trade. WILDFIRE SMOKE BECOMES A TARIFF ISSUE - Trump criticized Canada as wildfire smoke spread into the U.S. - He said pollution costs could be added to tariffs. - The idea links environmental damage directly to trade policy. - Canadian goods could face another unpredictable cost. - Companies may struggle to price a pollution-based tariff. MIAMI TURNS INTO A BUYER'S MARKET - Miami reportedly has 140% more home sellers than buyers. - Buyers now have more leverage on price, inspections and concessions. - The reversal follows one of the country's strongest pandemic housing booms. - High prices, insurance and carrying costs may be pushing demand lower. - Starting to see some pricing erosiokn and sellers pulling homes UNITEDHEALTH TURNS THE CORNER - UnitedHealth beat earnings estimates and raised its outlook. --- Co-Pick for JCD and AH - Cost controls helped drive the improvement. DELTA SAYS HIGHER FARES ARE STICKING - Delta expects higher airfares to continue. - Strong pricing could help it reach its 2026 profit goal. - Higher fares provide protection against fuel and labor costs. - Travelers may see fewer discounted tickets. - Capacity growth remains the key variable. --- Say it enough and its true? THE GREAT EGG RECALL - Nearly 1.6 million dozen eggs were recalled over possible salmonella. - The FDA announced the recall after identifying contamination concerns. --- Now what will be the political angle? - Supply disruption could also add pressure to egg prices. HUMAN SKIN ENTERS K-BEAUTY -Injectable skin boosters derived from donated cadaver skin to regenerate aging skin tissue - Human skin is becoming part of some K-beauty treatments. - Demand is tied to premium anti-aging products. - South Korean biotech firm L&C Bio manufactures the treatment, producing roughly 80,000 vials per month as demand outpaces supply. -- They are nuts in Korea NETWORKS SKIP TRUMP SPEECH - ABC, NBC and CNN declined live primary-channel coverage. - The speech focused on0 'election security'. - Networks weighed news value against misinformation concerns. - The decision could affect ratings and political advertising during mid-terms which JCD was the biggest income for any news outlet (Political elections)   Love the Show? Then how about a Donation? PayPal.Donation.Button({ env: 'production', hosted_button_id: 'JJJHP2GDEJC7J', image: { src: 'https://www.paypalobjects.com/en_US/i/btn/btn_donateCC_LG.gif', alt: 'Donate with PayPal button', title: 'PayPal - The safer, easier way to pay online!' } }).render('#donate-button-2'); THE CLOSEST TO THE PIN for SpaceX (SPCX) Winners will be getting great stuff like the new "OFFICIAL" DHUnplugged Shirt!     FED AND CRYPTO LIMERICKS   See this week's stock picks HERE Follow John C. Dvorak on Twitter Follow Andrew Horowitz on Twitter

What happens when an unconstrained OpenAI model goes rogue and hacks into Hugging Face, breaching real-world security boundaries? This episode unpacks a watershed moment for AI safety that has everyone in cybersecurity talking. OpenAI's unconstrained internal testing AI got loose, attacked Hugging Face. We hear from OpenAI, Hugging Face and Andrew Ng. GRC went off the air Friday. Was GRC hacked? What happened? The Linux kernel project repairs 442 CVEs in a single batch. LG's PC monitors cause PC adware installation. France bans all social media access below age 15. WordPress' recent CRITICAL vulnerability claims victims. Amazing details about "Rocky" from Andy Weir. The new AI exploit ranking benchmark that caused the breakout Show Notes - https://www.grc.com/sn/SN-1089-Notes.pdf Hosts: Steve Gibson and Leo Laporte Download or subscribe to Security Now at https://twit.tv/shows/security-now. You can submit a question to Security Now at the GRC Feedback Page. For 16kbps versions, transcripts, and notes (including fixes), visit Steve's site: grc.com, also the home of the best disk maintenance and recovery utility ever written Spinrite 6. Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free audio and video feeds, a members-only Discord, and exclusive content. Join today: https://twit.tv/clubtwit Sponsors: adaptivesecurity.com XBOW.com cohesity.com/Resilience threatlocker.com/twit

What happens when an unconstrained OpenAI model goes rogue and hacks into Hugging Face, breaching real-world security boundaries? This episode unpacks a watershed moment for AI safety that has everyone in cybersecurity talking. OpenAI's unconstrained internal testing AI got loose, attacked Hugging Face. We hear from OpenAI, Hugging Face and Andrew Ng. GRC went off the air Friday. Was GRC hacked? What happened? The Linux kernel project repairs 442 CVEs in a single batch. LG's PC monitors cause PC adware installation. France bans all social media access below age 15. WordPress' recent CRITICAL vulnerability claims victims. Amazing details about "Rocky" from Andy Weir. The new AI exploit ranking benchmark that caused the breakout Show Notes - https://www.grc.com/sn/SN-1089-Notes.pdf Hosts: Steve Gibson and Leo Laporte Download or subscribe to Security Now at https://twit.tv/shows/security-now. You can submit a question to Security Now at the GRC Feedback Page. For 16kbps versions, transcripts, and notes (including fixes), visit Steve's site: grc.com, also the home of the best disk maintenance and recovery utility ever written Spinrite 6. Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free audio and video feeds, a members-only Discord, and exclusive content. Join today: https://twit.tv/clubtwit Sponsors: adaptivesecurity.com XBOW.com cohesity.com/Resilience threatlocker.com/twit

What happens when an unconstrained OpenAI model goes rogue and hacks into Hugging Face, breaching real-world security boundaries? This episode unpacks a watershed moment for AI safety that has everyone in cybersecurity talking. OpenAI's unconstrained internal testing AI got loose, attacked Hugging Face. We hear from OpenAI, Hugging Face and Andrew Ng. GRC went off the air Friday. Was GRC hacked? What happened? The Linux kernel project repairs 442 CVEs in a single batch. LG's PC monitors cause PC adware installation. France bans all social media access below age 15. WordPress' recent CRITICAL vulnerability claims victims. Amazing details about "Rocky" from Andy Weir. The new AI exploit ranking benchmark that caused the breakout Show Notes - https://www.grc.com/sn/SN-1089-Notes.pdf Hosts: Steve Gibson and Leo Laporte Download or subscribe to Security Now at https://twit.tv/shows/security-now. You can submit a question to Security Now at the GRC Feedback Page. For 16kbps versions, transcripts, and notes (including fixes), visit Steve's site: grc.com, also the home of the best disk maintenance and recovery utility ever written Spinrite 6. Join Club TWiT for Ad-Free Podcasts! Support what you love and get ad-free audio and video feeds, a members-only Discord, and exclusive content. Join today: https://twit.tv/clubtwit Sponsors: adaptivesecurity.com XBOW.com cohesity.com/Resilience threatlocker.com/twit

Four of the Mag 7—Apple, Amazon, Meta, and Microsoft—report this week, our experts get you ready. Former Nasdaq CEO Bob Greifeld makes the case for AI regulation sooner than later, and draws a page from the SEC's playbook. Plus, China's most valuable company is also its best chance at homegrown AI chips.   Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

A top state health regulator is stepping down; and that dreaded gastro-intestinal tract parasite detected in lettuce served in a New Hampshire hospital's cafeteria.

The Texas Water Development Board doesn't have enough information about data center demand to include it in our resource projections, and they seem okay with that. A new college admissions test that emphasizes ideology over academics is approved for Texas' public universities. South Texas appears primed for a seismic shift away from Trump and the GOP, while Democratic nominee Bobby Pulido's chances to unseat his Republican opponent appear strong. And, James Talarico has officially "arrived" as Donald Trump includes him in his list of national enemies.Community Impact: https://communityimpact.com/central-austin/texas-legislature/texas-includes-minimal-data-center-info-in-state-water-plan-citing-limited-data/Texas Tribune: https://www.texastribune.org/2026/07/27/conservative-college-entrance-exam-texas-universty-admissions/Newsweek: https://www.newsweek.com/the-texas-counties-that-could-decide-whether-democrats-flip-senate-seat-12223307Texas Observer: https://www.texasobserver.org/bobby-pulido-monica-de-la-cruz-south-texas/Dallas Morning News: https://www.dallasnews.com/news/politics/article/trump-jabs-james-talarico-at-correspondents-dinner-22360074.phpThis election year, you can support the real free press by investing in pro-democracy, pro-justice, pro-gressive storytelling. Become a monthly donor or increase your giving TODAY for our Summer Sustaining Donor Drive today, and we'll thank you with "perks for progress" - plus you'll get a shoutout on the Daily Dispatch: huge thanks to new monthly supporter Carolyn Frawley! Join Carolyn and the rest of the Progress Texas family now at ⁠⁠⁠⁠⁠⁠⁠⁠https://act.progresstexas.org/a/summersustainers26⁠⁠⁠⁠⁠⁠⁠⁠.Check out the Substack version of the Daily Dispatch, which delivers each pod to your inbox and frequently includes extra video goodies: ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://substack.com/@progresstexas⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Progress Texas is now part of the lineups at⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠KPFT-FM in Houston,⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠Empower House Radio in San Antonio⁠, and ⁠KZSM True Community Radio in San Marcos⁠! Make a tax-deductible contribution to our radio initiative⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠HERE⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠. Find our web store and other ways to support our important work at ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://progresstexas.org⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠.⁠⁠

The expenditure of Clare charities exceeded €74m in 2024. The Charities Regulator's latest annual report shows there are now 326 charities registered in this county, with six new organisations emerging last year. Across the country last year, the Regulator investigated 681 concerns regarding operational matters and governance. Charities Regulator CEO Madeleine Delaney says it doesn't necessarily point to anything untoward.

Bitcoin remains stuck near $64,000 as the broader crypto market struggles to find momentum. Matt covers Poolin's Chapter 11 bankruptcy, Bitcoin treasury companies selling holdings to repay debt and fund operations, and another likely delay for the CLARITY Act as traditional banks push back against yield-bearing stablecoin products that could threaten their business models. The episode also examines India's effort to restrict Jack Dorsey's privacy-focused BitChat app, a proposed $40.7 million lawsuit against BitMEX, the hacking of Robinhood CEO Vlad Tenev's X account to promote a fake meme coin, Ripple's expansion of RLUSD, Coinbase's new AI-powered payment and trading tools, and the SEC's $150,000 settlement in a Coinbase records lawsuit. Happy Hodling, Everyone. Hosted on Acast. See acast.com/privacy for more information.

In this episode of the Fundraising Everywhere podcast, host Cam St-Omer Donaldson is joined by Claire Stanley, Director of Policy and Communications at the Chartered Institute of Fundraising, to unpack not only what the new rules mean, but also where charities are still looking for greater clarity. Together they explore the distinction between the ICO's legal guidance and the Fundraising Regulator's fundraising framework, discuss some of the grey areas charities are navigating, and explain how the Chartered Institute of Fundraising is working with regulators to represent the sector's experiences and help shape future guidance. They explore: What the charitable purposes soft opt-in changes and what it doesn't. The difference between the ICO's legal guidance and the Fundraising Regulator's practical framework. Areas where charities are still seeking greater clarity, including common implementation questions. How the Chartered Institute of Fundraising is engaging with the ICO and other regulators to raise sector feedback and support further clarification. If you enjoyed this episode, don't forget to hit follow and enable notifications so you'll get notified to be first to hear of future podcast episodes. We'd love to see you back again! And thank you to our friends at JustGiving who make the Fundraising Everywhere Podcast possible.

Jes Staley's appearance before Congress centers on the collapse of his long-running effort to portray his relationship with Jeffrey Epstein as distant, professional and misunderstood. The record suggests something far closer: years of communication, visits, continued contact after Epstein's 2008 conviction and descriptions of the relationship that went well beyond ordinary banker-client business. Staley has repeatedly leaned on selective memory and claims of ignorance, but those defenses are difficult to reconcile with his experience as one of the world's most sophisticated financial executives. Regulators in Britain already concluded that he misleadingly characterized the relationship, and the documentary evidence has made his attempts to minimize it increasingly untenable.Congress now has an obligation to confront Staley with the emails, travel records, regulatory findings and contradictions he has spent years trying to explain away. His loss of status and career should not be confused with the suffering endured by Epstein's victims, and he should not be allowed to recast himself as another casualty of Epstein's deception. The central question is not whether Staley can survive another hearing with his reputation partially intact, but whether his narrative can survive direct comparison with the facts. For once, wealth, prestige and selective memory should not be enough to shield a powerful man from accountability.to contact me:bobbycapucci@protonmail.com

Jes Staley's appearance before Congress centers on the collapse of his long-running effort to portray his relationship with Jeffrey Epstein as distant, professional and misunderstood. The record suggests something far closer: years of communication, visits, continued contact after Epstein's 2008 conviction and descriptions of the relationship that went well beyond ordinary banker-client business. Staley has repeatedly leaned on selective memory and claims of ignorance, but those defenses are difficult to reconcile with his experience as one of the world's most sophisticated financial executives. Regulators in Britain already concluded that he misleadingly characterized the relationship, and the documentary evidence has made his attempts to minimize it increasingly untenable.Congress now has an obligation to confront Staley with the emails, travel records, regulatory findings and contradictions he has spent years trying to explain away. His loss of status and career should not be confused with the suffering endured by Epstein's victims, and he should not be allowed to recast himself as another casualty of Epstein's deception. The central question is not whether Staley can survive another hearing with his reputation partially intact, but whether his narrative can survive direct comparison with the facts. For once, wealth, prestige and selective memory should not be enough to shield a powerful man from accountability.to contact me:bobbycapucci@protonmail.comBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-epstein-chronicles--5003294/support.

Jes Staley's appearance before Congress centers on the collapse of his long-running effort to portray his relationship with Jeffrey Epstein as distant, professional and misunderstood. The record suggests something far closer: years of communication, visits, continued contact after Epstein's 2008 conviction and descriptions of the relationship that went well beyond ordinary banker-client business. Staley has repeatedly leaned on selective memory and claims of ignorance, but those defenses are difficult to reconcile with his experience as one of the world's most sophisticated financial executives. Regulators in Britain already concluded that he misleadingly characterized the relationship, and the documentary evidence has made his attempts to minimize it increasingly untenable.Congress now has an obligation to confront Staley with the emails, travel records, regulatory findings and contradictions he has spent years trying to explain away. His loss of status and career should not be confused with the suffering endured by Epstein's victims, and he should not be allowed to recast himself as another casualty of Epstein's deception. The central question is not whether Staley can survive another hearing with his reputation partially intact, but whether his narrative can survive direct comparison with the facts. For once, wealth, prestige and selective memory should not be enough to shield a powerful man from accountability.to contact me:bobbycapucci@protonmail.comBecome a supporter of this podcast: https://www.spreaker.com/podcast/the-moscow-murders-and-more--5852883/support.

In this episode, Scott Friedman, VP of Government Affairs at Altana, joins Madelyn to trace his journey from crafting trade enforcement policy in government to building the technology that underpins it. He explains how trade has shifted from an era of assumed free trade to being a deliberate tool of state power, highlighting rapid changes in U.S. policy, the gap between policymakers' ambitions and what regulators and companies can practically execute, and the crucial role of modern data and technology. Scott outlines Altana's vision for a trusted, transparent global trade network, including product passports as a “global entry for goods” and a federated data architecture that enables collaboration without sacrificing privacy. He contrasts Western transparency-driven systems with China's state-directed, opaque but highly efficient digital trade ecosystem, and explores evolving U.S.–EU alignment on customs, traceability, and digital infrastructure. The key takeaway: full end-to-end traceability is fast becoming the baseline expectation, and companies that lean into data-driven transparency now will be far better positioned in an increasingly complex enforcement environment. Highlights from their conversation include: Scott's Journey from Government to Trade Tech (0:41) America Founded on a Customs Dispute and Boston Tea Party (2:47) How Today's Trade Enforcement Differs from Past Eras (4:54) Gap between Policymakers, Regulators, and Global Trade (7:46) Altana Overview and Vision for Trusted Global Trade (11:22) Product Passports as Global Entry for Goods (14:08) Why Altana Uses a Federated Network Model (19:06) China's State-Directed Supply Chain Architecture (22:19) U.S. and EU Alignment on Customs, Data, and Traceability (29:29) What End-to-End Traceability Now Means for Importers (34:37) Key Takeaways and Episode Wrap-Up (39:14) Dynamo Ventures is a venture firm backing founders upgrading the physical economy. As intelligence moves into critical infrastructure and technology collides with physics, industry is entering a new era of transformation - the industrial renaissance. Born from the dirt and grit of supply chains and shaped by operations, not spreadsheets, Dynamo focuses on the complex realities of building in the real world. We invest in companies transforming infrastructure, manufacturing, logistics, transportation, and the systems that power global commerce. Dynamo works closely with founders who combine ambition with a bias to action, bringing a builder mindset to venture capital through deep operational insight, systematic pressure-testing and hands-on partnership. Our purpose is simple: to back the relentless shaping the industrial renaissance. Learn more at www.dynamo.vc. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

Six days before a federal rule was set to take effect, the courts stepped in. The Department of Education tried to redefine who counts as a professional, a move that would have capped student loans for nurse anesthetists and the advanced-practice clinicians training behind them. The courts said the challenge is likely to succeed and hit pause. This week I sat down with Tracy Young, twenty-six years in the field, and Randy Moore, who runs anesthesia at enterprise scale, to work through what the ruling actually means and what it does not. It is a win in a battle, not the war. We get into the argument a federal regulator made that landed harder than we wanted to admit, why a rule written to require supervision is now being used against us, and where the line sits between what government should decide and what the people doing the work should. Plus the student-loan fight both parties get half-right, and why credentials stopped predicting who can lead. Good information first. Then the honest conversation about where anesthesia goes next. TAKEAWAYS The court blocked the rule on a preliminary injunction, not the merits. It buys time. It does not end the fight. The professional designation fight has real money behind it. Redefining the term caps federal loans for CRNAs, PAs, and nurse practitioners. The strongest argument against us was ours to fix. A federal statute still references supervision, and that language is being used to question our standing. Both sides of the student-loan debate are right. Treat the subsidy as a return question, and CRNAs are a good bet. We pass boards 95 percent of the time. Regulators are the wrong body to design clinical practice. The people closest to the work adapt faster than any rule can. Want more Dr. Joe Rodriguez? Tik Tok: @jrodcrna21 Instagram: @jrod.crna & @abouttherestpod YouTube: @AboutTheRest Thanks for my co-hosts: Randy Moore (EVP & National Chief CRNA, NorthStar Anesthesia) Tracy Young: Incoming President of the American Association of Nurse Anesthesiology To Learn More about Human Content Visit: ⁠⁠⁠http://www.human-content.com⁠⁠⁠ To Learn More about About The Rest Visit: www.abouttherest.com Got a Question? hello@abouttherest.com Part of the Human Content Podcast Network Learn more about your ad choices. Visit megaphone.fm/adchoices

Strategy's latest stock sale led today's discussion after the company raised another $163 million without purchasing additional Bitcoin, increasing its cash reserves while maintaining more than 843,000 BTC on its balance sheet. Matt questioned whether raising money to fund dividend obligations while continuing to hold Bitcoin is a sustainable long-term strategy. The episode also covered more companies adopting Bitcoin treasury strategies, Capital B's reverse stock split, and regulators missing the GENIUS Act deadline for finalizing stablecoin rules, leaving issuers waiting on key guidance before the law takes effect in early 2027. Matt also discussed France's decision to block Polymarket as unauthorized gambling, sharing his concerns about how prediction markets can be manipulated through coordinated betting activity in smaller political races. The episode wrapped up with South Korea's review of Upbit's 2025 hack, Zilliqa's investigation into a suspected cold wallet theft, and a look at the day's crypto markets, with Bitcoin trading around $64,600 and sentiment remaining in Fear territory. Happy Hodling, Everyone. Hosted on Acast. See acast.com/privacy for more information.

Reggie Townsend: Making Responsible AI Irresistible Responsible AI has a design problem. Too often, it is treated as a compliance exercise, a policy document, or a late-stage control, when it should be the operating system that enables organizations to innovate with confidence. In this episode of Scouting for Growth, Sabine VanderLinden welcomes back Reggie Townsend, Vice President of AI Ethics, Governance and Social Impact at SAS, to explore one compelling idea: making responsible AI irresistible. Drawing on decades of experience helping enterprises embed trustworthy AI into their operations, Reggie explains why governance must evolve from abstract principles to practical systems people actually use. As organizations race to deploy generative and agentic AI, the conversation has shifted. Responsible AI is no longer just about avoiding harm—it is about creating the conditions for innovation, resilience, and long-term competitive advantage. Boards are asking tougher questions. Regulators are raising expectations. Employees increasingly need guidance they can apply in real-world decisions, not just policies they acknowledge once a year. This conversation is essential listening for CEOs, board directors, Chief Risk Officers, compliance leaders, AI product teams, and founders navigating the transition from responsible AI intentions to responsible AI execution.   KEY TAKEAWAYS One of the biggest insights I took from this conversation is that responsible AI is fundamentally a design challenge. We have spent years writing principles and policies, yet many organizations still struggle to translate those aspirations into everyday decisions. Reggie reminded me that if governance feels complicated, disconnected, or burdensome, people will naturally work around it. Our challenge as leaders is to make responsible behavior the easiest path rather than the hardest one. I was also struck by how governance is becoming inseparable from business strategy. As generative and agentic AI systems begin making increasingly autonomous decisions, governance can no longer be treated as a legal or compliance function operating at the edge of the organization. It has to become part of product design, procurement, operations, and executive decision-making. Trust is no longer something we communicate after deployment; it is something we engineer from the beginning. Another important theme was the preservation of human agency. While AI can dramatically enhance productivity and decision-making, Reggie reminds us that organizations must remain intentional about where humans stay accountable. The future is unlikely to be defined by replacing people with AI, but by designing systems where humans and intelligent machines complement one another in transparent and meaningful ways. However, perhaps my greatest takeaway is that responsible AI should become a competitive advantage rather than a regulatory obligation. Organizations that embed governance in their innovation will move with greater confidence because customers, regulators, employees, and investors will increasingly reward trust. Making responsible AI irresistible is ultimately about making good governance so practical, intuitive and valuable that people actively choose to adopt it—and that may prove to be one of the most important leadership capabilities of the next decade.   BEST MOMENTS "Responsible AI isn't about slowing innovation. It's about creating the confidence to innovate at scale." – Reggie Townsend "If responsible AI feels like extra work, we've designed it wrong. We have to make it irresistible." – Reggie Townsend "Governance shouldn't be something you visit once a year. It should be embedded into every decision, every workflow, and every system we build." – Reggie Townsend "The question isn't whether AI will make decisions. It's whether we've designed those decisions to preserve human agency." – Reggie Townsend "Trust isn't something you add after deployment. It's something you architect from the very beginning." – Reggie Townsend "We're moving from governing models to governing systems of intelligence—and that's an entirely different challenge." – Reggie Townsend "The organizations that thrive won't be the ones that adopt AI the fastest. They'll be the ones that build trust the fastest." – Reggie Townsend "Responsible AI is no longer just an ethics conversation. It's becoming a leadership conversation, an operational conversation, and ultimately a competitive advantage." – Sabine VanderLinden "As AI becomes more autonomous, our responsibility as leaders becomes even more intentional." – Sabine VanderLinden "The future belongs to organizations that can turn responsible AI from a policy into a practice." – Sabine VanderLinden   ABOUT THE GUEST Reggie Townsend is Vice President of AI Ethics, Governance and Social Impact at SAS, where he leads SAS' global AI Ethics, Governance and Social Impact organization. His remit includes the company's Data & AI Ethics Practice, AI & Society initiatives, AI Governance Advisory, Standards, Regulations & Risk Intelligence programs, and Accessible & Adaptive AI efforts. He drives SAS' work on trustworthy, human-centric innovation across products, policies, and partnerships.  Reggie is recognized as one of the clearest voices in responsible and trustworthy AI. He has served as a member of the White House National AI Advisory Committee, sits on the board of EqualAI, and works at the intersection of responsible innovation, enterprise governance, social impact, and emerging AI regulation. In this conversation, he explores how organizations can turn AI governance from a source of friction into a driver of adoption, accountability, and growth.    ABOUT THE HOST Sabine VanderLinden is a corporate strategist turned entrepreneur and the CEO of Alchemy Crew Ventures. She leads venture-client labs that help Fortune 500 companies adopt and scale cutting-edge technologies from global tech ventures. A builder of accelerators, investor, and co-editor of the bestseller The INSURTECH Book, Sabine is known for asking the uncomfortable questions—about AI governance, risk, and trust. On Scouting for Growth, she decodes how real growth happens—where capital, collaboration, and courage meet. If this episode sparked your thinking, follow Sabine VanderLinden on LinkedIn, Twitter, and Instagram for more insights. And if you're interested in sponsoring the podcast, reach out to the team at hello@alchemycrew.ventures

Today, we are dropping our final episode in our series The AI Control Loop, How enterprises govern the AI they've already deployed - sponsored by our friends at Wallarm.Wallarm is the AI Control Platform for Enterprise AI, protecting every AI workload, API, and application in production, giving CISOs the governance they need and CIOs the speed they demand. Organizations choose Wallarm for a complete inventory of APIs, AI agents, and AI apps, patented AI/ML-based threat detection and blocking that operates at production traffic speeds.In our final episode, we are joined by Shayne Higdon, Wallarm CEO, who closes the series by examining what the accountability moment demands from enterprise leaders, what a mature AI governance model needs to prove rather than promise, and what the next 12 to 24 months look like for organizations that get this right.QuestionsWhy is now the accountability moment for enterprise AI?What has changed between the early days of AI experimentation and today's enterprise AI deployments that makes accountability such a pressing issue?When we talk about AI accountability, what does that actually mean in practical terms? Are we talking about visibility, auditability, enforcement, ownership—or all of the above?As organizations race to deploy AI, how should CIOs balance the speed of transformation with the responsibility to govern it effectively?Why are traditional governance and security models struggling to keep pace with the way AI is being adopted across the enterprise?Given those challenges, how should boards and executive teams evaluate whether their organizations are truly ready to scale AI safely and responsibly?And once an organization believes it's ready, what does a mature AI governance model actually need to prove - not just promise?From an operational standpoint, how do capabilities like discovery, runtime monitoring, and enforcement come together to create a closed-loop approach to AI accountability?Stepping back and looking across this entire conversation, what's the one mindset shift every enterprise leader needs to make when it comes to AI security and accountability?And finally, as listeners think about what's ahead, what should they expect the future of AI security and accountability to look like over the next 6, 12, or even 24 months?Linkshttps://www.wallarm.com/https://www.linkedin.com/in/shaynehigdon/Full AbstractAbstract: Join Shayne Higdon, Wallarm CEO, for this episode, which closes the series by examining what the accountability moment demands from enterprise leaders, what a mature AI governance model needs to prove rather than promise, and what the next 12 to 24 months look like for organizations that get this right.AI deployment is not waiting for governance to catch up. Across most enterprises, the gap between how fast AI is being adopted and how well it is being governed is widening every quarter. CIOs and CISOs are not debating whether to govern AI. They are trying to figure out how, under real organizational pressure, with tools and frameworks that were built for a different threat model.That pressure is coming from every direction at once. Boards want AI transformation to move fast. Regulators want documented evidence that it is under control. Security teams want runtime visibility and enforcement capabilities that most of their current tools do not provide. And the AI systems themselves are not waiting: they are accessing data, calling external services, and making decisions continuously, in ways that after-the-fact governance cannot meaningfully constrain.This is the accountability moment. Not because the risk is new, but because the consequences of undermanaged AI are now concrete enough to land on a board agenda, an audit report, and a regulatory deadline at the same time. What accountability actually requires in practice is the full AI control loop: knowing what AI is running across the enterprise, seeing what it is doing at runtime, enforcing policy before damage compounds, and generating continuous evidence that the governance is real and not retroactive. Organizations that can demonstrate all four are in a fundamentally different position than those still assembling audit evidence from spreadsheets the week before a review.Our Sponsors:* Check out Cash App and use my code CASHAPP10 for a great deal: https://cash.app* Check out Plaud AI and use my code CODESTORY for a great deal: https://plaud.aiAdvertising Inquiries: https://redcircle.com/brandsPrivacy & Opt-Out: https://redcircle.com/privacy

Laurel Loomis Rimon has spent her career on the enforcement side of fintech. As a federal prosecutor she brought the first case against a digital currency company in the US, years before Bitcoin existed. She later served as an assistant deputy enforcement director at the CFPB, and today she co-chairs the fintech and crypto assets practice at Jenner & Block and founded the firm's payments practice.In this episode, Reggie Young talks with Laurel about how enforcement and prosecution of fintech actually work in practice. They cover what puts a company on an investigator's radar, what genuinely exposes fintechs and banks to enforcement, how regulators and prosecutors assess good faith, and how she is advising clients to navigate debanking, KYC, and a fast-moving regulatory environment.Fintech Layer Cake is powered by Lithic, financial infrastructure that helps teams build better card and payments products for consumers and businesses.Chapters: 00:00 – Cold open: the risk everyone underrates 00:22 – Meet Laurel Loomis Rimon: DOJ, CFPB, and Jenner & Block 02:15 – Prosecuting E-gold, the first digital currency case 04:24 – The legal hooks before crypto law existed 05:48 – Money transmitting becomes a baseline concern 06:10 – What actually makes a company a target 07:13 – Why the company is rarely the target at the start 08:02 – Don't become the platform of choice for illicit actors 08:25 – Regulators are consumers too 09:39 – When the complainant is the regulator's own family 09:57 – What fintechs worry about too much 10:16 – The most boring risk: documentation 12:06 – Product thinking as a compliance skill 12:26 – How regulators assess good faith 12:58 – Why staffing is always key, even in the age of AI 14:18 – When growth outpaces compliance investment 15:40 – Where debanking comes from: Operation Choke Point 17:45 – Reputation risk and the regulatory whiplash 21:02 – How KYC changes amid the debanking pushback 22:25 – The executive order tension banks are caught in 23:34 – Advising fintechs to build for the next administration 25:41 – Where to reach LaurelNothing in this podcast should be construed as legal or financial advice.Subscribe for new episodes every other Wednesday. If you enjoy the show, leave a review on Apple Podcasts or Spotify to help more people in fintech find it.

Regulators in Britain have approved human trials of a new vaccine to tackle the latest Ebola outbreak in the Democratic Republic of Congo. It comes as health authorities in the DRC say Ebola has spread to two new provinces, including the populous northeastern city of Kisangani. We speak to a scientist who developed the vaccine and an aid worker in the epicentre of the Ebola outbreak. Also in the programme: President Trump announces the US will reinstate its naval blockade of Iran; and we hear tributes to the Jurassic Park actor Sam Neill, who has died aged 78.(Photo: Red Cross workers wearing personal protective equipment (PPE) gather after handling the coffin of a man who died of Ebola virus, as aid agencies intensify efforts to contain the Ebola outbreak caused by the Bundibugyo virus, in Bunia, Ituri province, Democratic Republic of Congo, June 10, 2026. Credit: REUTERS/Gradel Muyisa Mumbere)

The standard understanding of life insurance goes like this: you buy a policy, pay the premiums, file it away, and hope it never gets used. Protection for your family if you die. That's it. But that's not what wealthy families are doing. American dynasties, high-profile entrepreneurs, and the country's biggest banks have been using life insurance as an active wealth-building tool for generations. Not as a replacement for investing. Alongside it. Valued specifically for what it gives them that a brokerage account never can: liquidity, access to capital, and control. https://youtu.be/773_NczfBww What follows unpacks the actual mechanics and why none of it is reserved for people with a Rockefeller-sized net worth. Table of ContentsThe core ideas:How do the wealthy use life insurance?The Trust and Insurance CombinationThe Cascading EffectThe Problem: Sequence of Return RiskThe Buffer in PracticeDo rich people have life insurance?How do the wealthy use life insurance?What is the Rockefeller strategy with life insurance?Why do banks own so much life insurance?Is using life insurance to build wealth instead of investing?What is the volatility buffer strategy?What is a family bank, and how does it work?Do I have to be wealthy to use this strategy? The core ideas: Wealthy families treat life insurance as a managed asset, not a forgotten product The Rockefeller blueprint combines trusts and whole life to create a cascading, multi-generational capital system Banks hold roughly $250 billion in life insurance for the same reasons: liquidity and stability Walt Disney, Ray Kroc, and others borrowed against policy cash value to fund businesses banks wouldn't touch Dr. Wade Pfau's research shows that whole life as a volatility buffer outperforms the "just invest the premium" alternative A family bank isn't a metaphor. It's a functioning system anyone can build. How do the wealthy use life insurance? Wealthy families use whole life insurance as the foundational “before asset” — a private, liquid capital base that comes before investing and supports every other financial move. They value it for tax-advantaged cash value growth, accessible liquidity that isn't tied to market cycles, asset protection from creditors in most states, and above all, control over their capital.  Through a combination of policy loans and trusts, they fund businesses, protect assets across generations, and create a cascading system in which each death benefit replenishes the capital pool for the next generation. The same mechanics are available at any level of wealth with a properly designed policy. How the Wealthy Use Life Insurance Differently Than Everyone Else Wealthy families could absorb financial mistakes more easily than almost anyone. A bad investment, a failed business, a lawsuit. They'd survive. Yet they still put guardrails in place, specifically through whole life insurance. If the people who can most afford mistakes still protect themselves this way, what does that say for everyone else? For someone for whom a serious financial mistake isn't just painful but potentially devastating, the case is even stronger. The mindset shift is this: wealthy families don't see a life insurance policy as a product they bought and filed away. They see it as an asset they manage and deploy. The attributes they value aren't what most people focus on.  They care about accessible liquidity that isn't tied to market cycles, so a bad year in equities doesn't force their hand. They care about asset protection from creditors and lawsuits, which whole life provides in most states (not all). And above everything: privacy, flexibility, and access to capital. Life insurance is private. The only way to know someone owns a policy is if they tell you. That's part of why this strategy stays largely out of view.  Some of the U.S. presidents who have publicly disclosed their assets have shown whole life among them. That's notable, not because presidents are financial geniuses, but because they're disclosing what they actually have. The wealthy don't open with "what return does this get?" They open with control, access, and certainty. That order of questions matters. The Rockefeller Blueprint: Trusts, Policy Loans, and the Cascading Death Benefit The Rockefeller name comes up constantly in Infinite Banking conversations. Almost nobody explains what they're actually doing. The Trust and Insurance Combination Here's the mechanism. The Rockefeller family combines legal structure and whole life insurance. A family bank can be structured in many ways, depending on the family's goals, need for asset protection, and desired level of complexity. It may be as simple as outright policy ownership, or it may involve a trust, an LLC, a holding company, or a layered structure where a trust owns a holding company that owns an LLC designed to manage family capital. The structure can vary, but the purpose is the same: to create a private, liquid capital base using whole life insurance. That capital can then be accessed and directed toward productive uses, such as buying businesses, investing, funding education, or building assets that strengthen the next generation. The Cascading Effect When a family member dies, the death benefit doesn't just get handed out. It's held in trust and distributed according to the family's stated intentions, then refills the capital pool for the next generation, who repeat the same cycle. This is simultaneously a legacy strategy, a banking strategy, a liquidity strategy, and a values-transfer strategy. The trust and the insurance connected together are what make it continuous. Neither piece alone does what both pieces do together. One nuance worth flagging: trusts are not income-tax magic. In most cases, a trust does not eliminate income tax; it simply determines who reports and pays it, whether that is the trust, the grantor, or the beneficiaries. What trusts can do well is provide structure, accountability, estate-tax planning when properly designed, and a measure of asset protection depending on the type of trust, state law, and how much control is retained. That is real value, but it is a different kind of value than people sometimes imagine.  This isn't a strategy reserved for famous dynasties. It works at a personal level too, one generation funding policies for the next, death benefits flowing down to nieces, nephews, grandchildren. Generation One is the hardest. The message isn't that you need to do this at scale immediately. It's about thinking long-term and taking small, high-quality steps. How a Death Benefit Becomes the Next Generation's Foundation The generational laddering concept, developed by Nelson Nash, sits at the heart of any family banking formula. A life insurance policy pays a death benefit. That death benefit funds the premiums on the next generation's policy. That policy pays its own death benefit, which funds the generation after. You can even skip a generation, grandparents to grandchildren. Each cycle creates a larger pool of capital. It's a growing family bank, not a one-time inheritance. The contrast between the two paths is concrete. A $1 million death benefit split four ways gives each child $250,000 outright. No strings. No direction. That's cutting the cord of accountability. The money is gone from the system. Whatever you hoped they'd do with it is just a hope. Hold that same death benefit in a trust, with clear intentions that it continues purchasing life insurance, and you have something different. Accountability with guardrails. Clarity and protective measures built into the structure. Not mandating, not controlling from the grave, but providing guidance and continuity. The goal isn't to control what your children do. It's to give wealth a structure that keeps it circulating in the family rather than dissipating in a single generation. Why Banks Hold Hundreds of Billions in Life Insurance This is the part many have never heard. Banks need somewhere to park their Tier 1 capital. Tier 1 capital is the core equity capital that absorbs losses and prevents insolvency. Regulators require banks to hold it and demonstrate they can access it quickly. What banks have consistently chosen as one of those safe places is life insurance. Bank-Owned Life Insurance, or BOLI, is how it works. Banks take out policies on highly compensated employees and hold the cash value as a capital asset. They use whole life, universal life, and a product designed specifically for banks. As employees age out, they cycle policies onto new people. Regulators cap life insurance at roughly 25% of Tier 1 capital. The numbers, as of June 30, 2025, are not small: Bank of America: ~$25 billion JPMorgan Chase: ~$12 billion PNC Bank: ~$11 billion Truist Bank: ~$7 billion U.S. banks total: ~$250 billion These figures are publicly available via bank rankings at usbanklocations.com, presented here as illustration, not endorsement. The institutions whose entire job is managing capital and risk at the highest level have parked a quarter-trillion dollars here for liquidity and stability. That's worth paying attention to. Not because banks are infallible, but because the reason they use it is exactly the same reason the wealthy use it, and the same reason it's worth considering in a personal financial plan. How Famous Entrepreneurs Funded Their Dreams With Policy Loans Walt Disney wanted to build Disneyland, but the banks said no, so he borrowed against his life insurance cash value.  Capital he controlled, on his own timeline, repaid on his own terms. No restrictive bank covenants, no lost equity stake, no waiting for approval. He used it to help build what became a multi-billion-dollar empire. The key point: he borrowed from his own capital base while the policy kept doing its job....

It's Thursday, July 9th, A.D. 2026. This is The Worldview in 5 Minutes heard on 140 radio stations and at www.TheWorldview.com. I'm Adam McManus. (Adam@TheWorldview.com) By Jonathan Clark and Adam McManus 2026 Global Persecution of Christian Index released International Christian Concern released its 2026 Global Persecution Index. The report highlights 20 countries where Christians face persecution. These countries include China, Cuba, India, Iran, and Nigeria. The report also put a spotlight on leaders of countries where persecution is worsening. These leaders include Nigerian President Bola Ahmed Tinubu, Nicaraguan President Daniel Ortega, Syrian President Ahmed al-Sharaa, and Indian Prime Minister Narendra Modi. The report noted, “Despite mounting repression, Christianity continues to grow in unexpected places.” Examples of this include the Iranian house church movement and China's underground churches. Hebrews 13:3 says, “Continue to remember those in prison as if you were together with them in prison, and those who are mistreated as if you yourselves were suffering.” Christian British nurse, who affirmed biological accuracy, left alone The United Kingdom's Nursing and Midwifery Council dropped its case against a Christian nurse last week. Jennifer Melle worked at a hospital in London. In 2024, she used biologically-accurate pronouns with a patient who was pretending to be the opposite sex. She then faced suspension and an investigation. Thankfully, the nursing regulatory body has ended its case against her.  Melle commented, “Regulators should protect patients from real harm, not punish nurses for holding Christian beliefs, speaking truthfully about biological sex, or raising serious concerns in the public interest.” Trump: Ceasefire with Iran is over after Iran attacked ships in Strait The United States carried out retaliatory strikes on Iran yesterday. The strikes came hours after Iran attacked commercial vessels in the Strait of Hormuz. The Trump administration also restored sanctions on Iran's oil sales. U.S. President Donald Trump told reporters he considers the ceasefire with Iran to be over.  Listen. TRUMP: “They're vicious, violent people. If they had a nuclear weapon, they'd use it. As far as I'm concerned, it's over. I'll speak to our negotiators. They want to negotiate. They're good people: Steve Witkoff, Jared Kushner. But they have to come back to me. As far as I'm concerned, it's just a waste of time dealing with them.” Ban on Planned Parenthood funding expired last week The federal government's ban on Medicaid funding for Planned Parenthood expired last week. Congress passed legislation last year that cut the funding for just one year. As a result, dozens of Planned Parenthood locations have closed since then. However, the abortion giant can now resume its reimbursement from Medicaid. Some Republican lawmakers are calling for another bill to defund Planned Parenthood.  Call your Congressman at 202-225-3121 and ask him or her to vote to continue to defund the abortion giant Planned Parenthood. If you don't know who it is, click here and type in your zipcode. Young Men's Christian Assoc. allows men in women's locker rooms Parents are calling on the Young Men's Christian Association to change its transgender policies. The publicly-funded organization allows men, pretending to be women, in women's bathrooms and locker rooms.  The American Parents Coalition says this violates a recent U.S. Supreme Court ruling. The decision affirmed that Title IX protections in federal law are based on biological sex. The coalition stated, “The YMCA has ignored parents' concerns for far too long while maintaining policies that undermine the privacy, safety, and fairness Title IX was enacted to protect.” Plus, it violates the group's stated vision which was to put Christian values into practice by developing a healthy body, mind, and spirit. Send a polite, 2-sentence letter of objection to the president of the Young Men's Christian Association and ask them to live up to their name and their Biblical founding by opposing this transgender insanity. Suzanne McCormick, President, Young Men's Christian Association, 101 North Wacker Drive, Chicago, Illinois 60606. (Write to your local YMCA and object as well). Trump's tariffs led to Toyota announcing $3.6 billion U.S. expansion Toyota is expanding its manufacturing in the United States. On Monday, the Japanese car maker announced a $3.6 billion expansion in San Antonio, Texas. This will move some of its production from Mexico to the U.S. It will also bring about 2,000 new jobs to the Lone Star State. This expansion comes after the Trump administration imposed tariffs on imported vehicles and auto parts.  Presbyterian Church U.S.A. defends transgender surgeries for kids The largest Presbyterian denomination in the United States supported transgender surgeries last week. The General Assembly of the Presbyterian Church USA voted 441-30 in favor of an overture known as “On Access to Healthcare.” The measure defends body-mutilating surgeries for people, including children, who pretend to be the opposite sex. 2 Timothy 4:3-4 says, “For the time is coming when people will not endure sound teaching, but having itching ears they will accumulate for themselves teachers to suit their own passions, and will turn away from listening to the truth and wander off into myths.” Christian US soccer player: “I'm just trying to bring people into His light.” The American men's soccer team lost to Belgium on Monday. The game knocked the U.S. out of the 2026 World Cup. Despite the loss, players on the U.S. team continued their practice of praying together on the field after the game. Player Mark McKenzie led the prayer, having become a spiritual leader on the team.  He told The Athletic, “The Lord is at the center of it all. He is the main purpose. … And I'm just trying to bring people into His light in some way.” Worldview listeners weigh in from Washington and North Carolina Rachel Lundberg in Washougal, Washington wrote, “I like The Worldview because It allows me to feel like I'm aware of important things going on without having to spend so much time watching other news and sorting it out or wondering if it's true. I almost always just read it in my email and then I share certain parts with my kids and family. “My 13-year-old son recently wanted to subscribe with his own email so he can read it on his own. I also love when there is an action step to send an email or letter. Makes me feel like I can make a difference. Thank you!” Wow! I loved that last comment, Rachel.  I gave you two suggested action steps today. I hope you follow through on them.  I agree with you.  It feels empowering.  I always try to write or call myself every time I recommend it to you. And Chris Smith in Columbus, North Carolina wrote, “I've been a listener now for 10 years. I've become a vocal and financial supporter as well.  In this current era, it's very difficult to find the truth about what is going on to our fellow Christians in the world without doing a lot of digging. “Since I first found you on Sermon Audio, I've become an addict of your newscast. It's a part of my weekday morning routine to read or to listen to The Worldview. I especially appreciate your correlation to Scripture in two of your stories, your encouragement to keep praying for our persecuted brothers and sisters, and how we can help them financially.” 9 Worldview listeners gave $1,590 on Wednesday And finally, on Wednesday by 7:00pm Central, 9 Worldview listeners stepped up to the plate and invested their treasure to fund the six-member team behind The Worldview for another 365 days. Our thanks to Augustine in Auburn, California and Hope in Big Lake, Minnesota – both of whom gave $20. We were touched by the generosity of Janet in Canton, Illinois, Janice in Philadelphia, Pennsylvania, and Hannah in San Jose, California – each of whom gave $100. And we're grateful to God for Melinda in Indianapolis, Indiana who pledged $10/month for 12 months for a gift of $120, Adam in Gile, Wisconsin who gave $150, Tom in Spokane, Washington who pledged $40/month for 12 months for a gift of $480, and Nancy in Flagstaff, Arizona who gave $500. Those 9 gifts add up to $1,590. Ready for our new grand total? Drum roll please. (drum roll sound effect) $19,288 (sound effect of people cheering) That means we have just 2 days to raise $11,587 to hit our $30,875 goal by tomorrow at 12 midnight on Friday, July 10th.  To be honest, that is going to be a challenge. But with God, all things are possible. Since the beginning of this month-long campaign to fully fund the six-member Worldview team for another year, the greatest number of donations has been 15. Let's double that today!  Would you consider choosing to be 1 of 30 people to step up to the plate with a one-time gift or a monthly pledge? That would help us to get significantly closer to our $30,875 goal by tomorrow, Friday, July 10th, at 12 midnight. Go to TheWorldview.com, click on Give, select the dollar amount, and make sure to click on the “recurring” button if that's your wish.  This Christian newscast champions the truth and a Biblical worldview. Invest in it today for another 365 days. I'm reminded of the words from the prophet Isaiah who said, “Then I heard the voice of the Lord saying, ‘Whom shall I send? And who will go for us?' And I said, ‘Here am I. Send me!'” Close And that's The Worldview on this Thursday, July 9th, in the year of our Lord 2026. Subscribe for free by Spotify, Amazon Music, or by iTunes or email to our unique Christian newscast at www.TheWorldview.com. Plus, you can get the Generations app through Google Play or The App Store. I'm Adam McManus (Adam@TheWorldview.com). Seize the day for Jesus Christ.

Preview for Later Today: Bob Zimmerman explains how bureaucratic red tape is stalling rocket launches at Scotland'sSaxaVord spaceport. UK regulators are demanding a costly security fence to keep sheep away before permitting private spaceflight. (6)1843

Regulators try to freeze illicit stablecoins, but the money's usually gone before the freeze lands. The hosts on why crypto sanctions keep failing. Thanks to our sponsor!

Plus: Google loses appeal against EU's $4.6 billion Android fine. And SAP plans to curb hiring and travel costs to fund AI initiatives. Imani Moise hosts. Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.