U.S. robotaxi operator Waymo is breaking into a new market. After unveiling roadmaps to bring its self-driving cars to Germany and the United Kingdom, it’s now setting its sights east.

On Sept. 18, Waymo announced plans to launch in Singapore by 2028, marking its first entry into Southeast Asia. The announcement came just days after the robotaxi firm revealed plans to enter its first market in Asia: Japan. 

“Singapore has built one of the safest, most efficient and most forward-thinking transportation ecosystems in the world,” said Tekedra Mawakana, Waymo’s co-CEO, in a Sept. 18 press release. “As we begin our journey here, we are committed to listening to the community, creating high-skilled local operational jobs and working…to complement Singapore’s world class public transit network.”

Singapore is already one of the world’s most crowded AV markets. Last September, Chinese robotaxi firms WeRide and Pony AI announced partnerships with ride-hailing platform Grab and transport operator ComfortDelGro to bring self-driving vehicles to the Singapore market. (Both operators are running autonomous shuttle services in Singapore’s Punggol district, which the government has designated as a test bed for physical AI technology.)

Waymo’s all-electric Jaguar I-PACE vehicles are set to arrive in Singapore in the coming months and undergo a training phase in 2027, when autonomous specialists will conduct initial manual driving to train Waymo’s vehicles on local roads and weather patterns.

“Waymo brings world-class technology and operational expertise to Singapore, and will move us towards our vision of creating new transport options for Singaporeans,” Singapore’s transport minister, Jeffrey Siow, said in the Sept. 18 press release.

Last year, Siow remarked that Singapore was undertaking a “really big push” for AVs, which he called a ‘game-changer’ for the local transport ecosystem. “I have no doubt, in five years, we will see many autonomous vehicles in Singapore,” Siow said in an interview with Singaporean broadcaster CNA. 

Japan, by contrast, has a barren robotaxi landscape. The country doesn’t yet have fully operational public robotaxis, though Uber, Nissan and UK startup Wayve are set to launch a pilot robotaxi program in Tokyo in late 2026. Waymo’s service, to be launched in partnership with Japanese taxi app operator GO and taxi company Nihon Kotsu, is set to go live in 2027.

“We’ll grow our fleet responsibly over time, steadily operating until anyone in Tokyo can download an app and take a ride,” said Waymo’s Mawakana at a press conference in Japan on Sept. 15. (The need for robotaxis in Japan is especially dire, given the country’s rapidly declining populace.)

Despite the initial excitement, the rapid international expansion of robotaxis has unnerved drivers, who fear losing their jobs. Politicians and executives, however, have largely attempted to assuage such fears.

“There are over 70,000 taxi and private-hire car drivers in Singapore. In contrast, we only have around 20 AVs running around on our roads,” Siow remarked during a parliamentary address in July. “Even if I gathered every AV in the world today and moved them all to Singapore, there would only be about 7,000 cars, or less than 10% of our total taxi and private-hire car population.”

This story was originally featured on Fortune.com

This post was originally published here. 

Wall Street rallied Thursday as falling oil prices and easing Treasury yields offered investors relief from the inflation pressures that prompted the Federal Reserve to raise interest rates for the first time in more than three years.

The Dow Jones Industrial Average gained about 0.6% in morning trading, while the S&P 500 rose roughly 0.9% and the Nasdaq Composite advanced approximately 1.3%. Technology companies helped lead the rebound, with all 11 major sectors of the S&P 500 trading higher during the session.

The gains came one day after the Federal Open Market Committee unanimously raised its benchmark federal-funds rate by a quarter percentage point, placing the target range at 3.75% to 4%. It was the central bank’s first rate increase since July 2023 and marked a reversal from the rate-cutting cycle of 2024 and 2025.

Higher interest rates normally weigh on stocks because they increase borrowing costs for companies and consumers while making bonds and other lower-risk investments more attractive. But investors had already anticipated Wednesday’s increase and appeared relieved that the Fed acted decisively without signaling a more aggressive series of increases.

The Fed’s updated projections showed that 16 of its 18 policymakers expect at least one additional rate increase before the end of 2026. Four officials projected two more increases.

That outlook means the relief rally does not signal that the period of expensive credit is ending. Credit-card rates, business loans and some auto loans generally respond quickly to changes in short-term interest rates. Mortgage rates are influenced more directly by longer-term Treasury yields, but they have also remained elevated as investors demand greater compensation for inflation and government borrowing risks.

The immediate boost for stocks Thursday came partly from the oil market. Brent crude fell about 3% to approximately $102.70 a barrel, retreating from nearly $110 earlier in the week. U.S. crude also declined, reducing fears that another energy-price surge would spread through transportation, manufacturing and household expenses.

Oil prices matter far beyond what motorists pay at the gasoline pump. Higher fuel costs raise expenses for airlines, trucking companies, manufacturers and retailers, which may eventually pass those costs to customers. A sustained decline in crude could therefore give businesses more room to absorb costs and reduce pressure on the Fed to raise rates more aggressively.

The bond market provided investors with another measure of relief. The yield on the benchmark 10-year Treasury note fell to about 4.95% after reaching approximately 5.01%. Lower Treasury yields can support stock valuations by reducing corporate financing costs and making future company earnings more valuable in current-dollar terms.

The combination of falling oil prices and lower bond yields helped investors look beyond Wednesday’s rate increase. The Fed’s action also removed a major source of uncertainty that had weighed on markets: whether policymakers would respond forcefully enough to inflation while energy prices were rising and the economy remained resilient.

Federal Reserve Chair Kevin Warsh said inflation remained too high and that the economy appeared strong enough to withstand tighter monetary policy. The Fed’s policy statement said domestic spending had remained resilient, productivity growth was strong and the labor market continued to be broadly balanced.

For businesses, the message is mixed. Companies may benefit if declining oil and transportation costs continue, but those savings could be offset by higher financing expenses. Small businesses, commercial-property owners and companies dependent on revolving credit may feel the effects sooner than large corporations able to issue long-term debt or finance operations from cash reserves.

Consumers face a similar divide. Savers could receive better returns on savings accounts and certificates of deposit, while borrowers are likely to pay more on variable-rate credit cards and newly issued loans. Many homeowners with fixed-rate mortgages are protected from immediate increases, but prospective buyers still face borrowing costs that remain high by recent standards.

Thursday’s rally therefore reflects relief rather than an all-clear signal. Investors welcomed a more predictable Fed response and a break in the oil-price surge, but another rate increase remains likely before year-end.

Whether the gains hold will depend heavily on upcoming inflation data, the direction of energy prices and the bond market’s reaction to continued federal borrowing. If oil resumes climbing or Treasury yields move decisively back above 5%, the pressures that triggered Wednesday’s selloff could return quickly.

JBizNews Desk | Wall Street

© JBizNews.com. All rights reserved. This article is original reporting by JBizNews Desk. Unauthorized reproduction or redistribution is strictly prohibited.

New England Patriots owner Robert Kraft shot back at Macklemore after he challenged him to match a $1 million donation he is making to organizations providing aid to Palestinians, the latest escalation in a dispute that saw the artist booted from Ed Sheeran’s U.S. tour.

On Wednesday, Macklemore, whose real name is Benjamin Hammond Haggerty, said in a statement on Instagram that he would donate $1 million in his net earnings from Sheeran’s Loop Tour to six organizations supporting Palestinians. In the post, he invited Kraft to match the donation.

Kraft countered later that day, saying in a statement that Sheeran had already asked him to match the singer’s own $2 million commitment to humanitarian aid in the region “to fight this humanitarian crisis.” 

The exchange marked the latest clash between the artist and the billionaire owner of Gillette Stadium, which began after Macklemore made pro-Palestinian comments during two September opening performances at MetLife Stadium in New Jersey.

At the MetLife shows, Macklemore repeatedly said “Free Palestine” and criticized Israel’s conduct in Gaza. Several advocacy groups then criticized Macklemore, and the Israeli American Council called for him to be removed from the tour. Macklemore, for his part, said his criticism of Israel shouldn’t be interpreted as criticism of Jewish people.

In a Monday Instagram post, Macklemore said Sheeran told him personally that Kraft had barred him from Gillette Stadium following the MetLife shows, and that he had rallied other stadium owners to take the same position. Kraft later confirmed that he would not allow Macklemore to perform at Gillette, saying the decision was based on Macklemore’s recent actions and what Kraft described as “a broader history of antisemitic rhetoric and imagery” that he said “has been deeply offensive and hurtful to the Jewish community.”

Messina Touring Group, which is promoting the tour, also confirmed in a statement to multiple outlets that several venues said having Macklemore in the lineup was a red line and, as such, the promoter removed him from remaining U.S. tour dates. Messina Touring Group has not yet responded to Fortune’s request for comment. 

“Taking a side can cost you. Money, brand deals, sponsorships, festivals, private shows, relationships and access. I’ve lost all of those things. But there is no neutral position between the oppressor and the oppressed,” Macklemore wrote in his Instagram post Monday.

The fallout

The dispute over Macklemore’s comments is drawing attention to the issue of who can say what on some of the world’s biggest stages. Some politicians like Rep. Alexandria Ocasio-Cortez (D-N.Y.) and Sen. Bernie Sanders (I-Vt.) have called Kraft’s interjection censorship, but as a private venue owner, Kraft can decide who is not allowed in Gillette Stadium. 

The fallout from Macklemore’s removal has since spread. Other supporting artists scheduled to appear during Sheeran’s tour, including Billie Eilish’s music-producing brother Finneas, Irish singer-songwriter Aaron Rowe, and Danish band Lukas Graham, have all dropped out in solidarity. Beoga, the Irish group performing as part of Sheeran’s show, also dropped out.

Sheeran, for his part, said the decision to remove Macklemore wasn’t his own and that he “spent this week trying to build bridges, to find a solution and unfortunately, was unable to do so.”

Kraft echoed Sheeran’s language in his Wednesday statement, saying he has for decades supported efforts aimed at creating opportunities for Palestinians.

“I have dedicated much of my life to building bridges between all people. I believe deeply that all lives are worth protecting,” he wrote in a Wednesday post.

Kraft also said in his Wednesday statement that Sheeran is reaching out to other venue owners where he is scheduled to perform to encourage them to contribute to humanitarian aid in the region.

Still, Sheeran, who has often tried to maintain a neutral stance on political issues, is now at the center of controversy, despite efforts to distance himself. Some ticket holders have since asked for refunds following the change to the tour’s lineup.

The North American leg of Sheeran’s tour runs through Nov. 7 in Tampa, Fla and his next show is set for Sept. 19 in Philadelphia. Other than Kraft, none of the other venue owners appear to have made public statements about the Macklemore controversy other than to note a change in the lineup. 

This story was originally featured on Fortune.com

This post was originally published here. 

WASHINGTON – Any US sale of F-35 fighter jets to Saudi Arabia should account for Israel’s qualitative military edge and Riyadh’s place in a broader US-led regional security architecture before it moves forward, a Washington national-security expert told The Jerusalem Post following the State Department’s approval of a potential $24.3 billion deal.

Jonathan Ruhe, Fellow for American Strategy at the Jewish Institute for National Security of America (JINSA), said two major issues should be resolved before the kingdom receives the advanced stealth fighters – with Israel’s military edge and regional integration at the top of the list.

“The entire F-35 program is designed to support US-led collective defense,” Ruhe told the Post.

“America must show leadership on integrating Saudi Arabia into a new regional security architecture, and Riyadh also needs to show it’s a committed partner before it can obtain F-35s,” he said. “Israel’s QME is a key factor in this regional integration, and should be reflected in any potential F-35 sale to the kingdom.”

The State Department on Thursday approved a possible Foreign Military Sale to Saudi Arabia of 48 F-35A Lightning II Joint Strike Fighters, 49 Pratt & Whitney F135 engines and related equipment, training and support, with an estimated value of $24.3 billion.

An F-35 adir from 140 squadron take part in an Israeli air force air show during the graduation ceremony for soldiers who have completed the IAF Flight Course, at the Hatzerim Air Base in the Negev desert, June 29, 2023. (credit: OFER ZIDON/FLASH90)

The proposed transaction is not yet a completed contract. The State Department has approved the possible sale, which now moves through the US arms-sale process and congressional review. The State Department said the deal would strengthen Saudi Arabia’s ability to deter threats and improve interoperability with US and allied forces, and maintained that it “will not alter the military balance in the region.”

Israel is currently the only country in the Middle East operating the F-35. US policy on Israel’s qualitative military edge, or QME, is more than a political commitment: Congress wrote the requirement into law in 2008, obligating the US government to consider the effect of major regional arms sales on Israel’s ability to counter credible military threats while minimizing casualties and damage.

For Ruhe, preserving that edge should be part of a broader US effort to integrate Saudi Arabia into a regional defense architecture, rather than be treated simply as a technical question about the capabilities installed on individual aircraft.

China is the second test

The second issue, Ruhe said, concerns Riyadh’s defense and technology relationship with Beijing.

“In exchange for US arms sales and other security cooperation, Washington and Riyadh need an overarching, and overdue, agreement that formally ends worrisome Saudi-Chinese defense and technology ties,” he told the Post.

The New York Times reported Wednesday that US intelligence officials have warned in internal assessments that China could potentially obtain sensitive F-35 technology through espionage in Saudi Arabia or through Beijing’s existing military and security relationships with the kingdom.

A Defense Intelligence Agency assessment examined Chinese access to Saudi military facilities, as well as the kingdom’s use of Chinese telecommunications technology, and raised questions about whether sites housing sensitive F-35 systems could be adequately secured, according to the report. US intelligence analysts have also examined whether Riyadh would agree to restrict contact with Chinese military and intelligence personnel and remove certain Chinese telecommunications equipment from sensitive installations.

Those concerns are not entirely new. Similar worries over Chinese ties played a role in the difficulties surrounding a proposed F-35 sale to the United Arab Emirates following the Abraham Accords.

US enters negotiations with more to offer

Ruhe argued that Washington enters those negotiations with substantial leverage.

“The United States has leverage here, since it can offer Saudi Arabia much more than China can,” he said.

The F-35 is among the most sensitive weapons systems the United States exports, combining stealth, advanced sensors, electronic warfare capabilities and networked combat systems. The proposed Saudi package would also include secure communications and cryptographic equipment, electronic warfare database support, training, simulators, software and logistical support.

Lockheed Martin, based in Fort Worth, Texas, would be the principal aircraft contractor, while Pratt & Whitney would provide the engines.

The China question has therefore become intertwined with the question Ruhe places first: whether introducing the region’s second F-35 operator can strengthen a US-led security system without undermining Israel’s military advantage.

“The potential F-35 sale to Saudi Arabia shouldn’t move forward unless two key issues are first resolved,” Ruhe said.

Jonathan Ruhe is JINSA’s Fellow for American Strategy. He previously worked at the Bipartisan Policy Center, focusing on Middle East and former Soviet Union security issues, and his work has appeared in The Wall Street Journal, The Washington Post, Foreign Policy and The Dispatch.

This post was originally published on here. 

A Reform synagogue in Jerusalem was targeted for the second time in a month when a group of Jewish youths threw eggs at worshippers arriving for Rosh Hashanah services, in what the congregation described as an escalation in a series of attacks on Reform communities in Israel. 

The incident unfolded Sunday morning at Kol HaNeshama in Jerusalem’s Baka neighborhood, on the second day of Rosh Hashanah. The congregation said its security cameras recorded the youths, including their faces. It subsequently filed a police complaint and provided the footage. No injuries were reported. 

Debi Shoua-Haim, one of the congregation’s rabbis, told the Jewish Telegraphic Agency that the group had engaged with several members of the community before the egg-throwing began. 

“Some of their questions and comments were homophobic and bordered on harassment,” she said. “They were met with openness by everyone they spoke with, and it is unfortunate that this was their response.” 

“We see this as an escalation,” Shoua-Haim added. 

A view of ''Kol Haneshama'' synagogue building in Jerusalem on July 8, 2013. (credit: YONATAN SINDEL/FLASH90)

Congregation increases security

The congregation is increasing security for Shabbat Shuvah, the Sabbath that falls between Rosh Hashanah and Yom Kippur, as well as for services on the fast day itself, she said. 

“We would have preferred to keep our doors open to anyone who wanted to come in,” Shoua-Haim said.

The latest incident came a month after vandals broke into Kol HaNeshama overnight, smashing a window, entering the prayer hall, damaging artwork and tearing down Pride flags displayed by the congregation. 

Days later, attackers targeted a second Reform congregation, Darchei Noam in Ramat Hasharon, throwing a heavy paving stone through one of its windows. Rabbi Eli Levin told JTA at the time that he viewed the attacks on Reform communities in Israel as part of a pattern of unchecked hostility toward the movement. 

“The attacks on Reform Jews are carried out by hotheaded, ignorant Jews, and unfortunately there is no one in the political and haredi leadership who will stand up and condemn the act,” Levin said. 

The attacks come amid an ongoing fight over the status of non-Orthodox Judaism in Israel. Earlier this year, lawmakers advanced legislation that would effectively bar egalitarian prayer at the Western Wall. Last year, the governing coalition also considered a bill to narrow eligibility for Israeli citizenship under the Law of Return by eliminating the so-called grandparent clause, a move vehemently opposed by Reform and Conservative leaders. 

Kol HaNeshama has faced other attacks in the past, some of them targeting its support for LGBTQ inclusion. In 2018, a large rock was hurled into its courtyard while more than 200 people were taking part in Simchat Torah celebrations. No one was injured. In June 2023, the synagogue reported two break-ins within several weeks in which Pride flags were torn down, with intruders entering the sanctuary during one of them. 

Shoua-Haim said the congregation had not received any update from police on either of the two recent incidents. 

Israel Police did not immediately respond to a JTA request for comment on the status of either investigation. 

Israel Movement for Reform and Progressive Judaism criticizes lack of arrests 

The Israel Movement for Reform and Progressive Judaism said the lack of arrests in the recent cases was emboldening further violence.

“This is not a prank. This is violence against Jews for the way they choose to practice Judaism,” the movement said in a Facebook post. “And when there is no enforcement, violence grows.”

Kol HaNeshama said it drew encouragement from support it had received from neighboring synagogues across the Jewish denominational spectrum. A group of south Jerusalem congregations, including Orthodox ones, signed a letter of solidarity with the synagogue. Members of different streams also joined the synagogue for a Kabbalat Shabbat service.  

Despite the repeated attacks, Shoua-Haim said the congregation would not change its approach to Jewish communal life.

“We will continue on our path of openness and acceptance of every person,” she said. “We will continue to promote our values and sustain our community.”

This post was originally published on here. 

The problem was not Robert Kraft’s decision. The problem is how we explain it.

We removed the messenger from the stage without confronting the lie he was spreading. We focused on Macklemore–his rhetoric, his history, the hurt his words cause–when the far greater threat is the message itself. And in doing so, we inadvertently helped create precisely the narrative Macklemore and his defenders wanted.

Now the story practically writes itself: Macklemore dared to “speak truth to power.” He said what others supposedly do not want Americans to hear, and for his courage, a Jewish billionaire and other venue owners took away his microphone. Macklemore becomes the martyr. His cancellation becomes evidence of his righteousness. And Jews assume precisely the role his rhetoric already assigns us: morally compromised and willing to use our influence to suppress anyone brave enough to expose an uncomfortable truth.

We should stop defending ourselves against the accusation and start challenging the accusation itself.

Macklemore did not belong on that stage because he was using it to spread hateful lies about the Jewish state. He was telling an audience that the world’s only Jewish state is committing “genocide” and practicing “apartheid,” presenting those accusations not as arguments to defend, but as settled truths.

US rapper, singer, dancer and DJ, Benjamin Haggerty, known as Macklemore, performs at the Goldencoast Rap Festival in Corcelles-les-Monts, near Dijon, central-eastern France, on August 30, 2026. (credit: Arnaud FINISTRE / AFP via Getty Images)

That is not the same as supporting Palestinians or criticizing Israel. Macklemore remains free to say what he believes. But freedom of speech does not entitle anyone to someone else’s microphone, particularly an entertainment stage before thousands who bought tickets for a concert rather than to hear a political polemic.

There is also a bitter irony in the outrage over Macklemore being “canceled.” Where was this defense of artistic freedom when American Jewish musician Matisyahu had concerts canceled after activists targeted venues over his support for Israel, creating security and staffing concerns? Macklemore did not lose his place because of his identity. He lost that stage because of what he chose to do with it.

The accusations coming from more than Macklemore

And this is much bigger than Macklemore. He did not invent these accusations. He is simply their latest celebrity messenger.

“Genocide.” “Apartheid.” “Ethnic cleansing.” “War criminal.” We hear these charges on college campuses, across social media, in newsrooms, entertainment, politics, and our institutions. Repeated often enough, they enter our discourse not as extraordinary accusations requiring proof, but as established facts requiring allegiance.

That is where the Jewish community has missed something fundamental. We have become very good at identifying antisemitism and condemning those who traffic in it. We have been far less willing to confront the lies that make the antisemitism possible.

Dara Horn has articulated something essential about antisemitism: it does not operate simply as hatred or intolerance toward Jews. It operates through a recurring lie–that Jews are responsible for destroying whatever a society holds most dear.

That distinction changes the prescription. If we treat antisemitism primarily as intolerance, we answer it with tolerance: more education, dialogue, and opportunities to understand Jews. Those things have value. But you cannot cure a lie by teaching people to become more tolerant of the people being lied about. You have to challenge the lie.

And we must confront the genocide lie more boldly. Israel is not committing genocide. The accusation is false and outrageous.

Genocide is not a synonym for a terrible war, a high civilian death toll, or even violations of the laws of war. It is a specific crime requiring intent to destroy, in whole or in part, a national, ethnic, racial or religious group as such. Intent is not incidental to the definition. It is essential.

Israel’s conduct matters too. John Spencer, chair of urban warfare studies at West Point’s Modern War Institute, has argued after studying the Gaza campaign that Israel has implemented more measures to prevent civilian harm than any military he has studied. That does not mean every Israeli decision was correct or every strike justified. But warnings, evacuations, and extensive civilian-harm precautions are evidence that must be confronted before accusing a country of intending to destroy a people.

The genocide accusation is a modern blood libel.

The original blood libel accused Jews of deliberately murdering Christian children. Its power came from transforming hatred into righteousness. Those who believed it did not imagine themselves persecuting innocent Jews. They imagined themselves protecting innocent children from evil.

The moral vocabulary changes. The mechanism remains hauntingly familiar. Today, someone can accuse the Jewish state of deliberately destroying a people and still sincerely insist–as Macklemore has–that he has nothing against Jews. He may genuinely believe he is standing against evil. That is precisely what makes the libel so dangerous.

Concern for Palestinian human rights, advocacy for Palestinians and criticism of Israel are not antisemitic. Palestinian suffering is real. Innocent civilians have died, and where individuals commit crimes, they should be held accountable.

But none of that establishes genocide. And compassion does not demand self-flagellation or self-erasure.

Jews should not have to accept the lie that Israel is committing genocide to prove that we care about Palestinian lives. We should not have to sever our connection to Israel to establish our moral credibility or repeat a blood libel against the Jewish state to demonstrate our decency.

Yet that is increasingly the moral test imposed upon us.

Accept that the world’s only Jewish state is committing one of humanity’s gravest crimes, and you can remain among the righteous. Challenge that premise, defend Israel against the charge, or refuse to distance yourself from the Jewish state, and suddenly your disagreement becomes complicity–and your connection to Israel becomes evidence against you.

That is not incidental to the antisemitism. It is how the antisemitism works.

Some argue that Netanyahu’s government or particular Israeli policies have made defending Israel more difficult. But difficulty does not turn an accusation into a fact. We do not have to support Netanyahu or defend every Israeli action. And distancing ourselves from Israel will not make American Jews safer; it only reinforces the dangerous fiction that Jewish safety depends on Jewish behavior.

We can defend Palestinian humanity without surrendering our own. We should not disavow Israel to demonstrate our decency or accept collective guilt for a crime Israel did not commit.

The answer to a blood libel is not to prove that Jews are good people. It is to expose the blood libel as a lie.

Robert Kraft is a hero for standing up. Now it is our job to stand with him–and fight the lies.

This post was originally published on here. 

Toys R Us is launching its biggest U.S. expansion in years, with 120 new standalone stores set to open in time for the holiday shopping season.

The retailer announced Thursday that it will open the new standalone stores across the U.S. this holiday season through a partnership with Go! Retail Group, bringing its total number of standalone U.S. stores to 160.

The rollout marks a major step in the brand’s yearslong effort to rebuild its brick-and-mortar presence since its 2017 bankruptcy and the closure of its U.S. stores the following year.

The company did not provide a full list of the new locations, their opening dates or store sizes in its announcement. It also did not specify whether all 120 stores will remain open after the holiday season.

RESTAURANT CHAIN ONCE FREQUENTED BY KARDASHIANS FILES FOR BANKRUPTCY AFTER 36 YEARS

The new stores will stock toys, collectibles and gifts tied to major brands and entertainment properties, including LEGO, Barbie, Hot Wheels, Pokémon and “KPop Demon Hunters,” the company said. Select locations will also feature candy shops, cafés and Creator Studios, where influencers and toy companies can create content and host product launches.

“This is a major moment for Toys ‘R’ Us as we significantly expand our presence across the United States,” Jamie Uitdenhowen, executive vice president of Toys R Us at parent company WHP Global, said in a statement.

Uitdenhowen said the company is attempting to reach shoppers through several formats, including standalone stores, Toys R Us shops inside Macy’s, airport locations and Navy Exchanges.

Go! Retail Group CEO Gideon Schlessinger said the companies expect the 160 standalone stores to bring the Toys R Us shopping experience to millions of customers during the holidays.

The announcement accelerates a yearslong effort to revive a retailer that was once a fixture of American childhood.

CHILI’S REVIVES ICONIC RED BOOTHS AND CLASSIC DESIGN IN NATIONWIDE RESTAURANT OVERHAUL

Toys R Us filed for Chapter 11 bankruptcy protection in 2017 after years of declining sales and under the weight of $5 billion in debt. The company shuttered its remaining U.S. stores in 2018 before reemerging under new parent company Tru Kids Brands the following year.

The retailer attempted an initial brick-and-mortar return in late 2019 with smaller-format stores in Paramus, New Jersey, and Houston, Texas. Both locations closed in January 2021 amid the COVID-19 pandemic.

WHP Global acquired a controlling stake in Toys R Us in March 2021 and opened a 20,000-square-foot flagship at the American Dream complex in New Jersey later that year.

The comeback gained more ground in 2022 when hundreds of Toys R Us shops opened inside Macy’s stores nationwide. Macy’s said at the time that its first-quarter toy sales were 15 times higher than during the comparable period before the partnership.

CROWDED AIRPORT LOUNGES FORCE AIRLINES TO RETHINK FUTURE OF TRAVEL PERKS FOR FLIERS

WHP Global then partnered with Go! Retail Group in 2023 to roll out more U.S. flagship stores under an expansion strategy dubbed “air, land and sea.” The effort pushed the brand beyond traditional malls and included its first airport store at Dallas Fort Worth International Airport.

Toys R Us is now expanding that travel footprint in Florida. One shop-in-shop opened at Orlando International Airport in August through a partnership with WHSmith North America, and another is scheduled to open in summer 2027.

The company also operates locations through the Navy Exchange Service Command, which serves members of the military and their families.

Toys R Us said its global business generates more than $2 billion in annual retail sales through more than 1,680 stores and e-commerce operations in 37 countries.

This post was originally published here. 

Prime Minister Benjamin Netanyahu framed the upcoming Knesset elections as a direct struggle between the Right and Left, and sharply attacked Yashar party leader and prime ministerial candidate, Gadi Eisenkot, during a Likud party rally in Tel Aviv on Thursday evening.

“I want to tell you what these elections are about,” Netanyahu said. “It is either Left or Right. That is the essence of the elections. Either Left or Right. There is no Yashar, it is a bluff.”

“I am going to the Right, we are on the Right. I do not need someone to say, like Eisenkot’s campaign manager says: ‘What do we need to say so that they will think we are Right?’ We are Right,” Netanyahu added.

A central part of the speech was devoted to a political attack against Eisenkot. Netanyahu criticized Eisenkot’s decisions as IDF chief of staff and as a member of the cabinet during the war, and claimed that a government led by him would include Yair Golan, Avigdor Lieberman, Naftali Bennett, Yair Lapid and the Arab parties.

Netanyahu claimed that such a government would “cancel all our achievements,” lead to the establishment of a Palestinian state and withdrawal from security zones.

Prime Minister Benjamin Netanyahu standing on stage with a T junction traffic sign at a Likud rally in Tel Aviv, September 17, 2026. (credit: REUVEN CASTRO, VIA WALLA)

In response, Eisenkot posted a tweet with a picture showing Netanyahu pointing at the T-Junction road sign that he used on stage, but edited to be placed in front of a backdrop of Hamas terrorists crossing the Israel-Gaza border on the back of a pick-up truck, and driving along a highway with signs pointing to Sderot and Ofakim, in the Gaza border communities.

Terrorists from Hamas and other terror groups driving through southern Israel is a reference to the terror infiltration during the October 7 massacre.

Netanyahu announces proposal of bill to ‘financially harm’ those who defame IDF

Netanyahu also attacked Democratic Party chairman Yair Golan and referred to his statements regarding IDF activity and the controversy surrounding the Military Advocate General.

He announced that together with Justice Minister Yariv Levin, a government bill would be advanced that, according to him, would financially harm those who defame the IDF around the world, and he also addressed a proposal regarding revoking citizenship.

Toward the end of the speech, Netanyahu addressed right-wing voters and warned against voting for parties that may not pass the electoral threshold. “It is forbidden to vote for a party that does not pass the electoral threshold,” he said, and also warned about transferring votes that could, according to him, harm the right-wing bloc, a message aimed, among others, at Ofer Winter’s People of Israel party.

The prime minister also addressed relations with the United States. “A prime minister in Israel must be a statesman who operates in the international arena,” he said. “You need to know how to mobilize our friends, first and foremost in the United States.” According to him, alongside cooperation with Washington, an Israeli prime minister needs to know “how to say no when necessary.”

Netanyahu also devoted a large portion of his speech to the war and Israel’s military achievements.

“Think about where we were three years ago. Look at what we achieved thanks to our heroic soldiers,” he said. “I promised on the second day of the war that we would change the Middle East. That is exactly what we did, we changed the Middle East.”

Israel ‘would not have been here today’ if it hadn’t acted against Iran’s nuclear program

The prime minister mentioned the successful killing of Hezbollah leader Hassan Nasrallah and Hamas leader Yahya Sinwar and claimed that government actions prevented an existential threat to Israel. “We saved the State of Israel from destruction,” he said.

According to him, had the decision not been made to act against Iran’s nuclear program, “we might not have been meeting here today.”

Netanyahu also addressed the strike in Iran, saying: “We did what no one dared to do for 47 years.” According to him, most media outlets are trying “to hide this historic thing.”

He compared the Iranian threat to a “cancerous mass” that must be removed in order to prevent danger to the patient’s life.

Later, Netanyahu mentioned the pager operation against Hezbollah, which happened two years to the day before Thursday’s speech.

“Exactly on this day two years ago we blew up the pagers. You remember the pagers, right?” he told the audience. “I promise you, Hezbollah also remembers them.”

The prime minister listed Israel’s operations in Lebanon and Syria and said that Israel also acted to defend the Druze in Syria.

“We did this because we are Right and not Left, because we protect Israel’s security,” he said.

Netanyahu declared that the campaign has not yet ended. “We have done a significant part of the work. I want to say honestly, we must complete the mission until the end,” he said. He later presented the fall of the Iranian regime, the elimination of Hezbollah and Hamas as goals that Israel is required to complete.

James Genn contributed to this report.

This post was originally published on here. 

Former Gaza hostage Bar Kupershtein led a slichot prayer service as part of a night of thanks marking one year since his release from Hamas captivity at Hostages Square in Tel Aviv on Thursday night. 

Kupershtein, a paramedic from Holon who had been kidnapped from the Nova music festival during the October 7 massacre, was released in October 2025. 

Also present at the prayer service was Kupershtein’s mother, Julie and former hostage Rom Braslavski. 

Ayelet Samrano, the mother of deceased hostage Yonatan Samrano, and Michel Ilouz, father of  deceased hostage Guy Ilouz made a live appearance from the slichot service at the Western Wall.

“In captivity, I understood what it truly means to be in the depths,” Kupershtein said. “To be beneath the earth, in the darkness, when no one above you can hear your voice, and to believe. To keep believing.”

Released hostage Bar Kupershtein, wrapped in an Israeli flag, embracing his mother and father upon his return home in Holon, November 2, 2025. (credit: AVSHALOM SASSONI/MAARIV)

“Exactly one year ago, we were still there. We fasted on Yom Kippur. We prayed very, very hard. In a place where they tried to take everything away from us, faith was the one thing they could not take.”

“It was what kept us going. And there was something else that kept us going in the tunnel,” he said, addressing the Israeli public. “You. When we came home, we understood how much you, the people of Israel, had kept that flame burning for us.”

“With every prayer, every struggle, and every day that you refused to give up on us, you kept it burning until we came home.”

Kupershtein thanked his family, God, the IDF and security forces involved in the return of the hostages, including those with PTSD and who have been physically wounded in the war, and added that while the hostages have returned, “we all have a duty to continue remembering those who did not get the chance to return.”

He described the protests that had filled Israel’s streets week after week while hostages were still being held in Gaza.

Not forgetting Haymanut Kasau

“You went out into the streets week after week. You prayed. You cried out. You embraced our pictures as though we were your own children. You held up our families and did everything you could so that we could stand here today.”

Additionally, Kupershtein made mention of Haymanut Kasau, an Ethiopian girl who has been missing since February 25, 2024.

“I know what it is like when a family does not know where their child is. I know what uncertainty does to a family, day after day, night after night,” he said, urging for Israel to not give up on her either.

“Haymanut is one of ours,” he said. “And we need her home.”

Rom Braslavski calls to remember hostages killed by Hamas

In his own speech, Braslavski echoed Kupershtein’s thanks for the Israeli public’s support for the hostages throughout his time in captivity. 

“I am very happy to be here, at Hostages Square, a place that symbolizes war and pain, and to say thank you,” he said. “Thank you to the people of Israel who fought, and because of whom we are here.”

Braslavski ended with a call to remember the hostages who were killed by Hamas in captivity.  

“At the same time, I want to remember all those who are not here. Those who did not return alive from Gaza. I returned alive, but I will always carry on my shoulders the knowledge that there are those who did not,” he said.

“We will remember them, love them, and honor them always. Thank you for fighting for them too.”

This post was originally published on here. 

Far-left Twitch streamer and political commentator Hasan Piker said that the US conducted more terrorism than al-Qaeda while talking to Axios in a podcast released on Thursday.  

Piker, who has over 3 million followers and is one of the most popular streamers on Twitch, came under renewed attention due to his participation in campaigning for , Abdul El-Sayed, the Democratic nominee for Michigan senator.

Piker previously stated that “America is the top dog in terrorism,” and stood by his statement in his interview. 

“We have caused tremendous terror all around the world,” Piker said to Axios, explaining that he believed the US had committed more terrorism than al-Qaeda “pound for pound as far as the number of deaths.”

Piker referred to the deadly strike of an elementary school in Minab, Iran, in March as an example of US terror.  

(L-r) U.S. Rep. Summer Lee, Senate candidate Abdul El-Sayed, and Twitch streamer Hasan Piker pose during a rally for El-Sayed, April 7, 2026. (credit: ANDREW LAPIN/JTA)

While the Trump administration has not released findings from a Pentagon investigation into the strike, evidence has been found indicating that at least one US missile struck the school. 

“If you’re killing 140 schoolgirls, that is an act of terror,” Piker said. “This doesn’t mean that all Americans are terrorists, but the reality of the matter is we have to create an environment of accountability to ensure things like that never happen again.”

Piker tied to El-Sayed campaign

Piker has been tied to El-Sayed through his own campaigning and through Republican-affiliated groups, which have already spent nearly $3 million in ads attacking El-Sayed over his connections with the streamer, Axios reported, citing tracking firm AdImpact. 

Many of the ads feature a clip of Piker saying that “America deserved 9/11,” from 2019, for which he has apologized and since said that the attacks were “blowback” from US involvement in the Middle East. 

Piker said that he did not believe the 9/11 terror attacks were justified but that he was conducting an analysis “to stop further violence from taking place, both violence in the region, but also violence in the home front as well.” 

El-Sayed denies affiliation with Piker

El-Sayed has largely dismissed his connection to Piker, often calling him just a “streamer in California,” according to Axios. 

“The reason I talk to Hasan isn’t because of Hasan, it’s because of the 3 million people who pay attention to what he has to say,” El-Sayed told Fox 2 Detroit on Tuesday. 

“Too often the way that our politics happen is that we’re told who we cannot talk to,” he said. 

El-Sayed told Axios that he disagreed with Piker’s belief regarding the US and al-Qaeda. 

“I do not agree with this statement, nor do I give much weight to the statements made by a social media streamer. I am more concerned with the dangerous policies of Donald Trump and Mike Rogers that are raising the prices of gas, groceries, and healthcare for Michiganders,” El-Sayed said. 

This post was originally published on here. 

More than 600 Michigan Jews have signed a new open letter pledging to vote for Abdul El-Sayed for the US Senate, seeking to grow the Democratic candidate’s rocky Jewish support in what is expected to be a close and pivotal election.

The coalition, “Michigan Jews for Democracy,” includes several liberal and progressive Jewish figures in the state, though they signed in personal capacities. Signatories include father and son former US Reps. Sander and Andy Levin, progressive attorney general nominee Eli Savit, Michigan Democratic Jewish Caucus chair Decky Alexander, Detroit Jews for Justice executive director Lisa Tencer and former “Uncommitted” organizer Eleanor Gamalski.

“Some of us are enthusiastic supporters of El-Sayed,” the open letter reads. “Some of us have reservations: there are disagreements with El-Sayed on important issues, including aspects of his approach to Israel and the language used by some of his allies.”  

The letter continues, “We understand that a vote is not a valentine; it’s a strategic chess move.”

El-Sayed’s campaign promoted the letter Thursday morning.

Abdul El-Sayed, Michigan Democratic candidate for U.S. Senate, addresses the state’s Jewish Democratic caucus in Birmingham, Mich., on Aug. 30, 2026. (credit: ANDREW LAPIN/JTA)

Jewish clergy who signed include Rabbi Alana Alpert of the Reconstructionist Congregation T’chiyah in Ferndale; Rabbi Nate DeGroot, who serves congregations in Jackson and Flint and directs the Shalom Center; and retired Cantor Annie Rose of Reform Temple Beth Emeth in Ann Arbor. Other notable signers include University of Michigan Jewish Studies professor Deborah Moore and Danny Fenster, the Jewish journalist who was imprisoned in Myanmar for five months in 2021.

El-Sayed works to mend relations with Jewish voters

El-Sayed has sought to mend relations with Jewish voters in the state in recent months, though his opposition to a two-state solution in Israel, along with past controversies involving anti-Israel streamer Hasan Piker and his response to the attack on the Detroit-area Temple Israel, have rendered his candidacy polarizing to the community. Recently, El-Sayed held an unpublicized meeting with rabbis at Temple Israel, weeks after apologizing for his earlier remarks in which he appeared to equivocate about condemning the March attack, according to a report in Jewish Insider.

The new letter in favor of El-Sayed also contrasts with other Jewish open letters in the state. One pledging to vote for his GOP opponent, former US Rep. Mike Rogers, has collected 478 names since launching in August. Another, urging El-Sayed to respond to Jewish “non-negotiables” including “Jewish sovereignty in Israel,” has been promoted by several rabbis in the state.

National Democrats see retaining Michigan’s Senate seat as essential to their hopes of retaking the chamber this fall and instituting checks on President Donald Trump. The Michigan Democratic Jewish Caucus has not endorsed El-Sayed, despite its chair’s presence on the new letter. The Jewish Democratic Council of America, whose CEO Halie Soifer is a Michigan native, has also not endorsed him, telling Jewish Insider this week that the organization does “not endorse all Democrats.”

This post was originally published on here. 

The United States announced sanctions on an Iranian cryptocurrency exchange controlled by sanctioned Iranian financier Babak Zanjani on Thursday, accusing ‌it of processing payments for ships to transit safely through the Strait of Hormuz.

Treasury said BitBank had routed hundreds of millions of dollars to the Islamic Revolutionary Guard Corps and described the exchange as a key component in Iran’s digital assets-based sanctions-evasion infrastructure. The exchange was used to transfer funds paid to Iran’s newly established Hormuz Safe Marine Services Authority, Treasury said in a statement.

Zanjani has long been a key figure in Iran’s sanctions-evasion networks. He was sentenced to death by Iranian authorities in 2016 for embezzlement. His sentence was commuted in 2024. The following year he re-emerged as a backer of Iranian government economic projects.

The designation is part of Treasury’s “Operation Economic Outcast” intended to isolate Iran economically and disrupt Iran’s global financial, commercial and logistical networks, according to the statement. The strategy has targeted Iran’s illicit oil trade, financial intermediaries, exchange houses and shipping, aviation and front companies.

The US also sanctioned Pishtaz Simorgh Electronic Trade Company, the software developer behind BitBank, and three close associates of Zanjani, Hossein Ali Zaker Hossein, Mohammad Mahdi Zaker Hossein and Seyed Adel Heidari.

US Treasury Secretary Scott Bessent speaks during a press conference to outline further sanctions against Iran, at the Treasury Department in Washington, DC, US, August 24, 2026.  (credit: EVELYN HOCKSTEIN/REUTERS)

Treasury previously sanctioned Zanjani for laundering money for IRGC

Treasury announced sanctions against Zanjani and his two largest digital asset projects, Zedcex Exchange Limited and Zedxion Exchange Limited, in January, accusing them of laundering money for the IRGC.

In July, the US imposed sanctions against nine other firms that Zanjani is involved in, including his Iran-based “Dot One” conglomerate and other firms based in Turkey and the United ​Arab Emirates, as well as top executives at those firms.

“Through this combined infrastructure, Zanjani’s enterprises have served as both public‑facing commercial ventures and covert financial platforms enabling sanctions evasion and support to Iranian state‑linked entities,” Treasury said.

This post was originally published on here. 

Americans celebrating National Cheeseburger Day Friday can score free and discounted burgers at major restaurant chains, including McDonald’s, Burger King, Wendy’s, Five Guys and others.

Most of the deals are available through restaurant loyalty programs or mobile apps, and several require a minimum purchase.

Members of the MyMcDonald’s Rewards program can get a free Double Cheeseburger on Friday with a minimum $1 purchase through the McDonald’s app.

55-YEAR-OLD RESTAURANT CHAIN ABRUPTLY SHUTTERS LOCATIONS NATIONWIDE

“Since burgers are kind of our thing, we’d love for fans to come in and grab their favorite McDonald’s drink, snack or meal and add a Double Cheeseburger to celebrate the holiday with us,” a spokesperson for McDonald’s told FOX Business. 

“And for fans who are looking for burger deals outside of the holiday, they can check out the McDonald’s App for deals every week.”

Burger King is celebrating the holiday with a week of Royal Perks offers. On National Cheeseburger Day, loyalty members can receive a free Bacon Cheeseburger with a $3 minimum purchase through the Burger King app, according to USA Today.

The promotion is part of a weeklong lineup that also includes a free four-piece Chicken Nuggets with a $3 purchase on Sept. 19 and a free Original Chicken Sandwich with a $3 purchase on Sept. 20.

CHECKERS & RALLY’S CEO SAYS AMERICANS’ DEMAND FOR FAST-FOOD VALUE IS ‘INTENSIFYING’

At participating locations, Buffalo Wild Wings customers can get a free cheeseburger with the purchase of another regularly priced cheeseburger, “Today” reported.

The one-time offer can’t be combined with other discounts and excludes lunch combos and kids’ menu burgers, according to the chain.

Wendy’s Rewards members can add a Dave’s Single Cheeseburger for $1.99 with any purchase through the chain’s app or website at participating U.S. locations, USA Today reported.

Red Robin is giving away 400 digital gift cards to celebrate the holiday. Customers can enter by commenting on the restaurant’s Sept. 18 post on Instagram or Facebook, as noted on its website.

Five Guys is offering a buy one, get one free burger of equal or lesser value through Friday, according to USA Today.

Customers must order online or through the Five Guys app and use the promo code “BOGOBURGER” at checkout. The offer is not valid for in-store purchases.

PANDA EXPRESS GUEST STUNNED AS EMPLOYEE STANDS ON FRYER WHILE CLEANING

Carl’s Jr. Rewards members can get any burger for half price with the purchase of any Hand-Scooped Ice-Cream Shake on Friday through the chain’s app, according to USA Today.

“It’s national cheeseburger day and I love cheeseburgers and shakes,” the chain said in an Instagram post. “Go take advantage of my generosity.”

Shake Shack customers can get a $5 single ShackBurger or single Cheeseburger with any purchase by using the code “BURGERDAY” in the Shake Shack app on the company’s website or at in-store kiosks, according to USA Today.

For National Cheeseburger Day, 7-Eleven is offering a $6 meal deal that includes a 20-ounce Coke or Pepsi and a choice of an Angus Double Cheeseburger, Chicken Sandwich or Philly Cheesesteak, according to USA Today.

CLICK HERE TO GET FOX BUSINESS ON THE GO

Buffalo Wild Wings, Wendy’s, Burger King, Five Guys, Carl’s Jr., 7-Eleven and Shake Shack could not immediately be reached by FOX Business for comment.

This post was originally published here. 

The United Nations General Assembly voted on Thursday to allow Palestinian President Mahmoud Abbas to address the annual gathering of world leaders next week via video – for the second year in a row – after the United States again denied him a visa to travel to New York.

The resolution received 152 votes in favor and three votes against, while four countries abstained. It also allows Abbas and any other high-level Palestinian officials to take part in UN meetings or conferences via video over the next year if they are prevented from traveling to the United States.

Israeli Ambassador to the United Nations, Danny Danon, said that Abbas could not be allowed to attend the UN General Assembly while still funding terror. 

“As long as Abbas continues his policy of making payments to terrorists and their families, he cannot expect the international community to simply ignore it. Instead of coming to New York, he will send videos. The responsibility for changing this policy is in his hands,” Danon said. 

The US said last year that Abbas and about 80 other Palestinians would be affected by its decision to deny and revoke visas from members of the umbrella Palestine Liberation Organization and the West Bank-based Palestinian Authority. Washington announced on Wednesday that it had extended the visa bans. 

Israel's Ambassador to the United Nations Danny Danon speaks during a meeting at the United Nations headquartes in New York City, March 20, 2025. (credit: Liri Agami/Flash90)

“If the PA wants to be treated as a partner, it must stop subsidizing terror and stop using diplomatic theater as a substitute for serious governance,” Deputy US Ambassador to the United Nations Tammy Bruce told the assembly before the vote.

Palestinian leaders rejected and condemned the move by the United States, Palestinian UN envoy Riyad Mansour told the General Assembly. 

US extends visa sanctions against Palestinian officials

Without naming specific officials, the US State Department said on Wednesday it ​would extend visa sanctions against Palestinian officials over actions they took to “internationalize the Israeli-Palestinian conflict,” including ​pursuing cases against Israel at international tribunals.

A Palestinian official, who spoke on condition of anonymity, confirmed Abbas’ visa had been ​denied.

Under a 1947 UN “headquarters agreement,” the US is generally required to allow access for foreign diplomats to the UN in New York. However, Washington has said it can deny visas for security, extremism, and foreign policy reasons. 

This post was originally published on here. 

An F-16 military jet from the 149th Fighter Wing of the Texas National Guard crashed in Grand Traverse County, Michigan, Michigan State Police announced in a statement shared to X/Twitter on Thursday.

“MSP personnel are assisting the Grand Traverse County Sheriff’s Office with its response to a plane crash involving a military jet near County Road 633 and Blair Townhall Rd,” it said. “The Michigan Department of Military and Veterans Affairs confirms the incident involves an F-16 from Texas.”

MSP added that the pilot, who was successfully able to eject from the jet, is in stable condition and is being treated at a local hospital. No other injuries have been reported.

The crash occured during a routine training exercise, CBS reported, citing a spokesperson of the Texas Military Department. CBS added that the reason for the crash is under investigation.

According to information heard on a mayday call shared on social media, the jet reportedly struck a bird.

Scene of Texas National Guard F-16 military jet crash in Michigan, September 18, 2026. (credit: SCREENSHOT/X)

Evacuation order issued for nearby residents

An evacuation order within one mile of the site was issued by the Grand Traverse County Emergency Management, and a shelter has been established at the nearby Kensington Church.

“If you have evacuated and need a place to go, Kensington Church and the American Red Cross are there to assist residents,” the emeregency management said in a social media post.

CBS cited Blair Township Supervisor Nicole Blonshine as saying that she does not believe “anyone on the ground was hurt or that any homes were damaged.”

This post was originally published on here. 

The tech leaders who once hailed AI use as the key to unlocking every employee’s full potential are now changing their tune.

This includes Shopify cofounder and CEO Tobias Lütke. He told employees last year that using AI is “a baseline expectation,” and they should first prove they “cannot get what they want done using AI” before asking for more resources. He’s now saying Shopify employees are producing unexamined emails and code with AI and not taking responsibility for the sloppy output.

“We call those ‘slop grenades’ that people toss at each other,” he said during an interview on The Knowledge Project podcast  on Tuesday. “That’s definitely a bad thing.”

Lütke said it’s easy to let AI “go nuts,” but abusing it creates more headaches for the people receiving and reviewing the work. For instance, he suggested AI use is supposed to help synthesize points in an email rather than turning it into “a big missive” that wastes time.

“You don’t really read it, and now it has to be reviewed by your colleagues, and they are like, ‘this doesn’t look right’,” he said. “You’re just letting AI do the work for you.”

Duolingo CEO Luis Von Ahn has similarly backtracked. He announced last year the company would go “AI-first,” which meant evaluating employees on their AI usage, replacing human contractors with AI, and only increasing headcount if a team couldn’t automate the required work. But in May, he told Fast Company that he had got carried away by AI demoing well in writing, but said it ultimately doesn’t match the creativity of Duolingo’s people when it scales. 

“We may need to write 1,000 different stories for people to learn a language, then you’ll find that 20% of the things were just pure slop,” he said. “Whenever we scale a lot [of] things with AI, we have to really be careful that slop doesn’t get through.”

The rise of ‘workslop’

Researchers coined the term “workslop” for the phenomenon Lütke described: polished-looking AI output that ends up dragging down productivity because it needs revision.

BetterUp Labs and Stanford’s Social Media Lab surveyed 962 American full-time desk workers this year and found over half (52.7%) reported sending workslop to colleagues and it was more common in people whose organizations encouraged AI use. Over a third (38%) reported receiving workslop and estimated it cost them 3.4 hours per month on average to revise it. 

What separates workslop from low-quality work done by humans is that workslop looks legitimate on the surface while lacking the components that would make it useful. Examples of workslop mentioned by the survey respondents were well-structured emails with broken links or code that was more complicated than it needed to be. 

The survey found relationships also take a hit when there’s suspicion of workslop. Employees said they viewed their colleagues who sent it in as less competent and less friendly. Of those who had received workslop, over a third (36%) also reported wanting to avoid working with those colleagues in the future. 

The 3.4 hours in cleanup time is an increase from last year’s survey, when 40% reported encountering workslop and said they had to spend two hours reworking it. The number pegged to revising workslop in 2025 came out to be $186 per month for single employees and up to $9 million a year in lost productivity for an organization with 10,000 people. 

This story was originally featured on Fortune.com

This post was originally published here. 

Health secretary Robert F. Kennedy Jr. announced Thursday a new effort to improve autism diagnoses, arguing that the current model is outdated, too time-intensive, and overreliant on professionals with limited availability. 

“We are not satisfied simply for describing autism and managing its consequences. We are asking what drives the different forms of autism, and why developmental trajectories differ, why some children regress, and which interventions work for them,” Kennedy said during his keynote address at a conference for Children’s Health Defense, an anti-vaccine organization he previously led. 

Read the rest…

This post was originally published here. 

Executives from American Airlines, United Airlines and Southwest Airlines said Wednesday that higher jet fuel prices are prompting carriers to adjust capacity and closely monitor flight schedules.

The global average jet fuel price rose 6.1% week over week to $181.46 per barrel last week, according to the International Air Transport Association (IATA).

Speaking at Morgan Stanley’s 14th Annual Laguna Conference, American Airlines Chief Financial Officer Devon May said fourth-quarter jet fuel prices are running about $1 per gallon above what the airline projected in July, adding roughly $1 billion to its fuel bill.

“Overall for the third quarter, we feel great,” May said. “What’s happened in the last four weeks, though is fuel’s run up probably $1 a gallon or something like that for the fourth quarter alone.”

AVELO CEO WARNS AIRFARES MAY RISE AS FUEL PRICES HIT ‘UNCOMFORTABLY HIGH’ LEVELS

May said American will continue adjusting capacity later in the fourth quarter in response to higher fuel costs.

American Airlines CEO Robert Isom said the airline still expects third-quarter revenue to rise 16% to 19% from a year earlier, citing strength across domestic and international markets as well as both premium and economy cabins, according to Reuters.

“When you take into account fuel right now, yes, we’ve absolutely done a great job of recapturing a tremendous amount of that expense,” Isom said.

United Airlines Chief Financial Officer Michael Leskinen said some flights planned for December will no longer operate because of higher fuel prices.

“As you look into the fourth quarter, there’ll be some flights in December that we won’t fly that we thought we were going to fly,” he said at the Morgan Stanley conference. “If fuel remains high, we’ll make some adjustments into the first quarter and beyond into 2027.”

AIRLINE PASSENGERS ROCKED BY TURBULENCE DURING DESCENT: ‘WE STARTED TO PLUMMET’

Leskinen also described United’s fourth-quarter bookings as “tremendously strong,” saying premium travel, corporate demand and economy bookings have all remained resilient.

“Bookings have continued as we expected, so that piece of the equation is resilient — very little evidence of demand destruction,” Leskinen said.

At the conference, Southwest Airlines Chief Financial Officer Tom Doxey said the carrier has already pared back about half of the modest year-over-year capacity growth it had planned at the start of 2026. 

“If fuel is higher for longer,” Doxey said, trimming capacity would be the “natural response.”

However, a spokesperson for the airline told FOX Business the schedule adjustments made so far have been minimal and that Doxey was making an “illustrative point” about trimming capacity and was “not alluding to an action we’ve taken.”

TSA REVIVES PRE-9/11 TRADITION WITH GATE ACCESS FOR CERTAIN TRAVELERS WITHOUT TICKETS

Doxey added that stronger-than-expected fall bookings have helped offset higher fuel costs, allowing Southwest to maintain its third-quarter earnings guidance, according to Reuters.

GET FOX BUSINESS ON THE GO BY CLICKING HERE

Spokespersons for American Airlines and United Airlines told FOX Business the carriers had nothing further to add.

Reuters contributed to this report.

This post was originally published here. 

Israel is systematically dismantling Palestinian collective life in the West Bank, the NGO B’Tselem claimed in a new report titled “The Elimination Project.”

B’Tselem has been critical of Israel for decades, but in recent years its reports have become even harder-hitting, going so far as to label Israel an apartheid state.

Israel and the IDF have vehemently rejected the vast majority of the claims as groundless or sensationalized, while acknowledging specific, more limited criticisms in some circumstances.

The report considers Israel to be orchestrating a comprehensive mechanism of elimination that works to “dismantle the conditions for continued Palestinian existence in the West Bank, while deepening Jewish control and supremacy in an irreversible manner.

“At any moment, Palestinians may be exposed to violence by soldiers or armed settler militias, arrested and imprisoned, subjected to abuse and humiliation, and sometimes even killed,” it claims.

ACCORDING TO a new B’Tselem report, all military or security actions against Palestinians in the West Bank happen spontaneously, vindictively, and as part of the pattern of ‘settler colonialism.’ Here, Palestinian women walk past IDF soldiers and armored vehicles at the Balata camp, east of Nablus. (credit: JAAFAR ASHTIYEH/AFP via Getty Images)

“The Elimination Project” purportedly draws on more than 2,000 testimonies from Palestinians since October 2023, combined with B’Tselem’s materials from the last three decades.

While other NGO reports focus on specific incidents of harm against Palestinians, B’Tselem chooses to take a broader approach, looking also at the reality in the West Bank as “not simply a series of separate violations of individual and collective rights” but a “comprehensive mechanism of elimination” involving multiple intersecting Israeli actors.

B’Tselem frames “elimination” not only as physical elimination, but also as the “elimination” of Palestinian land, institutions, language, culture, social ties, leadership, shared memory, and history.

The report is split into five domains: violence and intimidation; movement restrictions; economic strangulation; social and political destruction; and ethnic cleansing and territorial takeover.

The IDF told The Jerusalem Post this week that “any claim that the State of Israel, including the IDF, is advancing a course of action aimed at eliminating the Palestinians as a people is false, baseless, and blatantly disconnected from reality.

“The IDF’s mission in Judea and Samaria is to thwart terrorism, protect all residents, and enforce law and order in the area,” the IDF added.

Additionally, B’Tselem presents as established fact that Israel is committing the following: genocide, ethnic cleansing, settler colonialism, and apartheid.

Even Israel’s Western critics do not accept such allegations as established fact, with the International Court of Justice legal proceeding on genocide now delayed until at least 2029 to cope with a 4,000-page comprehensive defense presented by Israel earlier this year, and Israel continues to deny all such blanket accusations.

B’Tselem goes further to say that its own legal analysis – detailed in the report – is that Israel’s actions in the West Bank meet the legal threshold for apartheid.

Israel has rejected apartheid allegations in the past, noting that it has well over two million Israeli-Arab citizens with full rights, including representation in all areas of government.

It has also noted that the Palestinians are not only not Israeli citizens, but have been in an armed conflict for decades with Israel, and their land rights and future potential sovereignty rights are connected to a process of negotiations under UN Security Council Resolution 242. Negotiations have been frozen since Hamas invaded Israel in October 2023.

While taking these accusations against Israel as truths, B’Tselem does not meaningfully acknowledge the existence of Palestinian terrorism, or the role this plays in retaliatory Israeli policy.

And while it does acknowledge 7 October 2023 as a precipitating factor in Israeli policy in the West Bank, B’Tselem does not describe the massacre as an act of terrorism.

Instead, it refers to Hamas as an “armed Palestinian organization” which carried out a “criminal attack.” B’Tselem also argues that the 7 October attack cannot be detached from the history that preceded it, and that “context is essential for understanding the circumstances in which those crimes occurred.”

Hamas is mentioned only seven times in the 250-page report. Three of the mentions are within the testimony of a Palestinian resident in the West Bank when relaying how he was accused of being a Hamas member. Only four are in the report proper. This is despite the pervasive presence of the terrorist group in the West Bank, including in cultural institutions.

‘Impunity’ of Israelis

B’Tselem claims that Israelis – whether soldiers, police officers, or settlers – who harm Palestinians enjoy almost total impunity. This, it argues, is reflected in the “absence of punishment after the fact, backing in advance, and a broad institutional and public understanding that harming Palestinians will carry no cost and may sometimes even be rewarded.”

To evidence this claim, B’Tselem cites the Force 100/Sde Teiman affair as an example of alleged impunity.

This involves a case filed by former IDF military advocate-general Yifat Tomer Yerushalmi in February 2025 against five soldiers for alleged crimes against a Palestinian security detainee held at the “Sde Teiman” detention facility.

B’Tselem claims that the incident was cast in political discourse as a story about “heroic soldiers” persecuted by the military justice system, and that the indictment in the case was withdrawn because of this.

This entirely omits large parts of the story. While the indictment was dropped, it was not because of the soldiers’ actions. The case was dropped because Yerushalmi illegally leaked a video of the alleged beating prior to trial, where it could have been legally and publicly presented. She then resigned, saying her actions were an attempt to counter a false smearing campaign against the IDF law-enforcement agents handling the case.

If the video had been kept until trial, the soldiers might have been convicted. The IDF actually angered cross sections of the Israeli public by arresting the soldiers, interrogating them, and indicting them anyway.

Also, in February 2025, an IDF court convicted and sentenced an IDF reservist who abused Gazan detainees in Sde Teiman to seven months’ imprisonment despite political criticism of such decisions in the post-October 7 context.

There have also been several cases where Israeli soldiers have received punishment for harming Palestinians in the West Bank.

A notable example is the sentencing of 21-year-old Ben Deri, a Border Police officer, who shot and killed a Palestinian during the Nakba Day clashes in 2014. Deri was convicted of negligent homicide, with the court determining that he had aimed what he thought was a rubber bullet at the victim’s chest. Deri was sentenced to nine months.

Then there is the case of IDF soldier Elor Azaria in 2016. Azaria shot a wounded Palestinian terrorist in the head in Hebron, after the latter stabbed an Israeli soldier. Azaria was arrested and convicted of manslaughter. He was sentenced to 18 months’ imprisonment and demotion in rank.

Open-fire policy and unprovoked violence

A lot of the fallacy of B’Tselem’s later discussion of Israel’s military action in the West Bank is that it is depicted as purely instigative rather than responsive.

B’Tselem spends a great deal of time detailing how “at any time, soldiers may break into a home, settlers may arrive at a grazing area, a checkpoint may close without explanation, gunfire may erupt in an ambush or raid, a child may be detained, a person may be arrested or beaten, a home, a road or a piece of infrastructure may be demolished, or access to medical care, work or school may be blocked” – as if these actions by Israel are entirely spur-of-the-moment.
There is no acknowledgment that arrests, checkpoints, or the blocking of roads may occur due to the existence of Palestinian violence or terrorism against Israelis.

There are frequent Palestinian attacks on Jews in the area. Just last week, Palestinian attackers carried out a terror stabbing at Maoz Yehuda Farm near Kusra that left one moderately to seriously wounded.

IDF raids frequently uncover weapons caches in Palestinian villages, and several hundred to sometimes over 1,000 attacks are foiled per year on a regular basis.

But, according to B’Tselem, all military or security actions against Palestinians in the West Bank happen spontaneously, vindictively, and as part of the pattern of “settler colonialism.”

Later in the report, B’Tselem dedicates a section to the notion of an “open-fire” policy in the IDF.

B’Tselem claims that Israel has changed its military’s practices since October 2023 and now permits soldiers to “open fire in the Gaza Strip and the West Bank, including situations in which forces on the ground face no life-threatening, or any other, danger.”

It also says that “Since 2021, soldiers have been officially permitted to shoot fleeing Palestinians even when they posed no real and immediate danger to the forces, if they had previously thrown stones or Molotov cocktails.”

This narrative grossly oversimplifies a highly complex and constantly evolving situation in both the West Bank and Gaza.

In Gaza, after October 2023, the IDF, after spending weeks evacuating specific areas of civilians, often did give temporary permission to be more aggressive to open fire, given that all or most of the people left in those areas were combatants (especially since often even some of the combatants would evacuate under the guise of the civilian evacuation, and only the most hardcore combatants remained).

In the West Bank, IDF open-fire regulations changed in March 2022 when a wave of Palestinian terrorism swept over Israel, but at times those regulations were walked backward to be more conservative.

Open-fire regulations changed again in January 2025 when the IDF saw that the Palestinian Authority had failed to regain control of the Jenin refugee camp from Palestinian terrorists who were acting against both Israel and the PA.

However, at times after that, open-fire regulations have again become more conservative, and in any case, they have never been as aggressive as in Gaza, because most of the West Bank where the IDF acts is still populated by Palestinian civilians.

PALESTINIAN FARMER Khader Wazwaz harvests faqous cucumbers in Qalqas, south of Hebron, in June. B’Tselem argues Israeli policies are “strangling” the Palestinian economy, while Israel says restrictions since October 7 are also shaped by security concerns. (credit: Mosab Shawer/Middle East Images/AFP via Getty Images)

Strangling the Palestinian economy

Next, B’Tselem discusses the intentional “strangulation” of the Palestinian economy, which it presents as purely eliminative in objective.

“Israel has revoked or suspended almost all work permits held by Palestinians for employment in Israel, cutting tens of thousands of Palestinian workers and their families off from a major source of income. At the same time, it intensified delays and deductions from the Palestinian Authority’s tax revenues and impaired its ability to pay salaries and provide basic services; Israel also threatened to sever the Palestinian banking system from Israeli banks, through which it is also connected to the international banking system,” the report reads.

B’Tselem does not take into account that the suspension of Palestinian work permits followed the October 7 massacre and was driven by complex calculations, including security concerns, rather than being some kind of unprovoked attempt to economically harm Palestinian civilians.

Additionally, the description of Israel “intensifying delays and deductions” from Palestinian tax revenues also omits the legal and security framework governing those transfers, including Israeli deductions connected to funds that the PA pays to prisoners and families of terrorists (“pay for slay”).

This is not to say that every Israeli decision concerning PA revenues and Palestinian employment is beyond criticism. But B’Tselem’s implication that Israel is simply withholding Palestinian tax money arbitrarily in order to cause economic suffering is false and reductive.

NGOs and social organizations

B’Tselem argues that, since its establishment, Israel has tended to cast any Palestinian political, social, and community organizing – particularly when such organizing articulated demands for collective and national rights – “as a security threat and a challenge to the political order it seeks to impose.”

It criticizes Israel’s closure of “civil society” organizations that it has deemed to be terrorist organizations, saying that Israel’s definition of terrorism is too broad.

As an example, B’Tselem cites then-defense minister Benny Gantz’s designation of six prominent Palestinian organizations as “terrorist organizations” in 2021, including Al-Haq and the Palestinian branch of Defense for Children International.

B’Tselem describes Al-Haq as a veteran organization that “documents human rights violations against Palestinians,” by and large ignoring Al-Haq’s extensive connections to the Popular Front for the Liberation of Palestine (designated a terrorist organization also in the US, EU, and Canada) and the fact that Al-Haq itself is also sanctioned in the US.

B’Tselem also accuses Israel of “waging a sustained attack on the United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA),” which it describes as the main body that provides Palestinian refugees with education, healthcare, employment and social services. Israeli policy for some NGOs has been controversial in the West, but even most critics acknowledge extensive evidence of the pervasive infiltration of Hamas into UNRWA.

B’Tselem also denies that PA textbooks are “rife with incitement to violence against Israelis and even antisemitism,” arguing instead that the textbooks contain “emotionally charged portrayals of Israeli violence” but no incitement to terrorism, demonization of Israelis or Jews, or calls to harm them.

As of November 2025, according to an IMPACT-se report, PA textbooks and educational materials still include content that glorifies jihad and incitement to violence.

So much so, in fact, that the European Union – not known for holding the PA to account – has passed several resolutions condemning PA educational materials containing antisemitism and glorification of jihad.

The issue of prison systems

However, this section of B’Tselem’s report includes claims that may have more merit.

For example, B’Tselem claims that Israel’s prison system has seen more incidents of violence and abuse against prisoners since Itamar Ben-Gvir was appointed minister of national security.

“Ben-Gvir and others exploited the public mood and embedded a logic of revenge in the prison system,” the report reads. “The abuse of Palestinian prisoners and detainees became declared policy, with almost no attempts by the Israeli public, legal system, or media to restrain it.”

The Post reported in June 2026 that there has been a massive influx of prisoners into Israel’s prison system.

According to a State Comptroller’s Report, the prewar totals of 16,200 total prisoners and 5,200 security prisoners had jumped to 23,400 total prisoners and over 10,000 security prisoners by early 2025.

IDF SOLDIERS intervene during a confrontation involving settlers at an outpost near Jannatah, south of Bethlehem, on August 25. B’Tselem accuses Israeli forces of enabling settler violence, while the IDF says soldiers must stop such incidents and investigate failures. (credit: Ilia Yefimovich/AFP via Getty Images)

Settler violence and police inactivity

A discussion of settler violence takes up a large part of B’Tselem’s report.

B’Tselem writes that settler violence is an “integral part of the Israeli regime’s violence,” that violent settlers are “backed by Israeli forces and protected by various state mechanisms,” and that Israeli forces “again and again escort attacking settlers, enable and participate in the attacks.

“The lines between the different perpetrators of violence have blurred, as military, police, and settlers cooperate more closely, operating as complementary parts of a single mechanism of control,” it said.

Speaking to the Post on Monday, the IDF said it strongly condemns incidents of violence on nationalistic grounds. In such cases, it said, soldiers must act to stop the violation and, when necessary, detain or arrest suspects until the police arrive at the scene.

“IDF soldiers are required to act in accordance with this mission and IDF orders. In situations where soldiers fail to adhere to these orders, the incidents are thoroughly investigated, and disciplinary measures are taken accordingly,” the IDF added.

For example, in addition to prosecutions of individual soldiers for misconduct against Palestinians, during the recent incident when some IDF reservists were found to be too cooperative with violent or harassing Jewish extremists near the Palestinian village of Kusra, OC Central Command Maj.-Gen. Avi Bluth gave special orders to bring in the highly trained Golani Brigade and Paratroopers Brigade to ensure the safety of the local Palestinians.

The IDF also said that B’Tselem’s implied claim that the IDF supports acts of violence by Israelis is false and misleading.

“As stated, the IDF, together with the other security forces, works to prevent violent incidents and thwart attacks of this kind. The IDF is committed to combating violence on nationalistic grounds, which harms IDF operations, directly contradicts IDF values, and poses a threat to the security of civilians.”

Due to the IDF’s constant presence in the area, the IDF said, soldiers do encounter cases of law violations by Israelis, some of which may involve violent incidents or incidents directed against Palestinians or their property. In cases of law violations by Israelis, the primary body responsible for handling such allegations is the Israel Police.

Here, the IDF and the Shin Bet (Israel Security Agency) have repeatedly slammed the police under Ben-Gvir for failing to fully uphold their missions to arrest violent extremist Jews who have harmed Palestinians. At times, they have also criticized Defense Minister Israel Katz for taking away the power to place Jewish extremists in administrative detention.

In that sense, most of the defense establishment believes that enforcement against Jewish extremists in the West Bank should be tougher, but that the IDF is doing all it can, and that more improvements can be achieved if Ben-Gvir is removed from running the police.

In any event, the IDF said it does not direct its actions against civilians and takes all operationally possible measures to prevent and minimize harm to civilians. It rejected any claim or implication that it is acting to harass or persecute the Palestinian population.

As already stressed, this is not to say that the IDF does not kill Palestinians terrorists, and that Palestinians, both terrorists and innocents, are not killed by Israeli non-military individuals.

But even by B’Tselem’s own figures, the number of Palestinians killed by Israeli nonmilitary individuals is small.

The report says that between 7 October 2023 and 30 June 2026, Israel killed 1,087 Palestinians in the West Bank, including East Jerusalem. Of the total number, 35 were reportedly killed by Israeli civilians, and 15 by Israelis whose status as civilians or members of the security forces is unknown. The rest were killed by Israeli forces.

In the same time period, over twice as many Israelis were killed by Palestinian terrorists – 77 Israelis were killed in Palestinian terrorist attacks in the West Bank and Israel between October 7, 2023, and December 25, 2025.

B’Tselem does correctly document some problems in the police and prisons that should not be dismissed. However, many of its claims appear to be exaggerations of the available facts or lacking context for the massive Palestinian terror problems which Israel must constantly confront.

Its sweeping conclusion that Israel is engaged in a comprehensive project to “eliminate” Palestinian life relies on a narrative in which Israeli actions are foregrounded while Palestinian terrorism and the security rationale behind many Israeli measures receive comparatively little attention.

The result is a deeply one-sided account of an extremely complex reality.

This post was originally published on here. 

The United States is investigating whether Iran was behind cyberattacks on two energy tankers bound for American ports that were struck while transiting the Strait of Gibraltar in August, The Wall Street Journal reported on Thursday, citing US officials familiar with the investigation.

The incidents have raised concerns among US officials that Tehran or an Iran-aligned actor could be seeking new ways to expand attacks on global energy shipping beyond the Middle East’s existing maritime flashpoints.

The ships, an oil tanker and a liquefied petroleum gas carrier, were traveling toward ports in Texas when they were targeted in early August, according to vessel-tracking data and officials cited by the WSJ.

A specialized US Coast Guard team, joined by FBI agents, boarded both vessels after they arrived in the Gulf of Mexico later that month. Investigators examined their information technology and operational systems after authorities found indications that the ships’ networks had been compromised.

Rear Adm. Amy Grable, commander of the Coast Guard’s Cyber Command, declined to discuss the specific vessels but told the WSJ that cyber response teams spent three to four days aboard the ships assessing the incidents and ensuring that they could continue operating safely.

A Moroccan fisherman sails next to an oil tanker crossing the Strait of Gibraltar with the Atlas Mountains in the background, near the Spanish town of Tarifa, as seen from Tangier, Morocco, January 8, 2026. (credit: REUTERS/AMR ABDALLAH DALSH)

Cyberattack risks aboard modern tankers

“Unfortunately, many ships’ IT systems are interconnected with other systems on a ship, the systems that control the engineering plant, propulsion, navigation, et cetera,” Grable said. “So if those systems can be breached and controlled, then the crews could lose control of the vessel, and it could cause a mishap or a collision. And that’s what we’re looking for.”

One of the vessels, the VL Prosperity, was carrying more than two million barrels of oil from Egypt to Galveston, Texas, when it was targeted in the Strait of Gibraltar, according to Lloyd’s List Intelligence tracking data and a US official cited by the WSJ.

Iran’s semiofficial Mehr News reported in August that hackers had infiltrated the VL Prosperity’s engine-room systems, reduced engine cooling flow, increased the engine’s speed, and interfered with fuel and engine-oil systems. No organization claimed responsibility for the attack, and the WSJ said it could not independently verify the account.

The VL Prosperity’s manager confirmed that US authorities conducted a cybersecurity inspection aboard the vessel and said it was subsequently cleared for normal operations.

The second vessel, the Kohaku, was passing through the Strait of Gibraltar on its way to another Texas port, where it was scheduled to load liquefied petroleum gas. Tracking data showed that it was approached by the same Coast Guard vessel involved in the response to the VL Prosperity.

The Coast Guard has said there were no reports of operational disruptions, vessel instability, physical danger to crew members, or environmental damage following the incidents. US authorities have not publicly attributed the cyberattacks to Iran.

Maritime trade routes play key role in US-Iran conflict

The investigation comes as maritime routes have become a central arena in the conflict between Washington and Tehran. Shipping through the Strait of Hormuz has faced repeated attacks and severe disruption during the fighting, with commercial vessels reducing transit through the strategically important waterway.

Earlier this week, an oil tanker was attacked in the Strait of Hormuz, with US Central Command saying the vessel had recently been struck by an Iranian drone. Iranian authorities offered a different account of the incident.

The Iran-backed Houthis have meanwhile intensified pressure on shipping around the Red Sea. The group has sought greater control around the Bab al-Mandab Strait and Yemen’s western coast, another major chokepoint for global commerce and energy shipments.

US officials’ concern over the tanker incidents reflects the potential consequences of moving such attacks into the cyber domain. Modern ships rely on interconnected digital systems to control propulsion, navigation, engineering and cargo operations, meaning that a successful intrusion could potentially cause a collision, fire, explosion or environmental disaster.

The threat comes amid broader concerns over Iranian cyber activity. The US, UK and Netherlands this week issued a joint warning over Iranian state-linked cyber operations targeting journalists, activists and other individuals.

Rear Adm. Jason Tama, head of Coast Guard Cyber Command, previously warned that cyber interference aboard oil tankers could pose particularly serious risks because of the nature of their cargo.

“For a vessel that’s carrying tens of millions of gallons of crude oil, which is highly volatile, there’s always a risk of fire or explosion,” Tama told the WSJ in June. “The atmosphere in the tanks has to be very carefully managed to ensure that you’re not going to get a situation where there’s a fire or explosion. And then there’s always a risk of an oil spill.”

US authorities have not disclosed how many suspected maritime cyberattacks they have investigated since the war with Iran began or whether investigators have established a connection between the attacks on the two tankers.

This post was originally published on here. 

For years, researchers have known that, among people diagnosed with lung cancer, the prevalence of nonsmokers has been increasing. But they have been trying to determine what factors — whether genetic, environmental, or something else — might put these “never-smokers” at heightened risk. 

Now, researchers have identified a very rare genetic variant that is associated with 25-fold higher odds of lung cancer, they reported in the journal Science on Thursday. In the U.S., the variant is far more common among people in Southern Appalachia than in other regions. 

Experts said that the variant likely only plays a role in a small portion of never-smoker lung cancer cases. But the research provides further evidence that these types of tumors can be tied to distinct risk factors, which may in turn require thinking differently about screening programs and treatment strategies. More broadly, the new study highlights the types of narrow but crucial discoveries that can be made by turning to large datasets replete with health information from millions of people. In this case, the investigators relied on genetic data from 23andMe. 

Continue to STAT+ to read the full story…

This post was originally published here. 

The Food and Drug Administration on Thursday approved a new gene therapy for Sanfilippo syndrome type A, an ultra-rare disease sometimes known as childhood Alzheimer’s.

The therapy, called Fayuvi, was developed by Ultragenyx. It is the first drug specifically approved to treat Sanfilippo. Ultragenyx did not immediately release a price.

“It’s hard to overstate what this approval would mean for everybody who is living with this really horrific disease and watching their children suffer and pass away early, and all the rest that it brings,” Cara O’Neill, chief science officer of the Cure Sanfilippo Foundation, said in an interview earlier this week. “This, gosh, would just finally mean when patients and families receive this shocking diagnosis, they wouldn’t be told to … take their kids home and love them. They would be given hope and an action plan for treatment.”

Continue to STAT+ to read the full story…

This post was originally published here. 

WASHINGTON — Health secretary Robert F. Kennedy Jr. returned to his roots on Thursday during a keynote address at a conference hosted by the Children’s Health Defense, an anti-vaccine nonprofit he helped start. 

The CHD speech served as a victory lap for Kennedy at a key moment for the MAHA movement — just before midterm elections that could determine the viability of his agenda, and serve as a referendum on the GOP’s approach to health care reform. Kennedy, who previously downplayed his work sowing doubt about vaccine safety, has now made it central to his legacy as health secretary. 

Read the rest…

This post was originally published here. 

President Donald Trump is planning to hold a state dinner next week to mark a visit by Chinese President Xi Jinping, and several tech industry leaders are expected to attend.

OpenAI CEO Sam Altman and Apple Executive Chairman Tim Cook are both reportedly planning to attend the state dinner.

Nvidia CEO Jensen Huang is also expected to attend the event, a person familiar with the matter told FOX Business.

The tech leaders’ anticipated attendance at the Trump-Xi state dinner comes at a time of geopolitical tensions, including over the development of artificial intelligence (AI) and access to both models and the chips that power them.

NVIDIA CEO DRAWS LINE ON AI SAFETY AFTER ALARMING INCIDENTS: ‘IF IT’S NOT READY, JUST HOLD IT BACK’

The U.S. and China are locked in a competition in which the two world powers are racing to develop more capable AI tools, which have been a source of tension between the countries.

China’s access to specialized chips that power advanced AI models has been restricted through the U.S. government’s use of export controls on advanced semiconductors, like those made by Nvidia.

Huang has been critical of those restrictions and said in May that China has “all the chips they need” despite the U.S. restrictions.

BESSENT SAYS US NEEDS MORE OPEN-SOURCE AI MODELS TO COMPETE WITH CHINA

American companies like OpenAI and Anthropic have relied on using frontier models, which are proprietary and not available for use without purchasing a license, to gain their edge in the AI race. Chinese tech companies have used distillation as a means of using open-weight models to keep up with U.S. firms’ frontier models.

Altman and other tech leaders have recently been discussing steps to rein in AI development to ensure the safety and alignment of those models amid concerns about their potential impact on humanity.

“It is the responsibility of the AI companies ourselves to develop the technology safely and to properly test it,” Huang told reporters. “If it’s not ready, just hold it back. You should go as fast as you can, but no faster than that.”

State dinners are among the highest diplomatic honors a U.S. president can bestow on a foreign leader.

NVIDIA CEO JENSEN HUANG WARNS CHINA HAS ‘ALL THE CHIPS THEY NEED’ DESPITE US BANS

Next week’s state dinner comes after Xi hosted a state dinner for Trump when he visited China in May. That event was also attended by Elon Musk, Huang and Cook – who was still CEO at the time and has recently transitioned into an executive chairman role at Apple.

The Trump-Xi state dinner will be the second hosted by Trump during his second term, as the first was held during a visit by Britain’s King Charles and Queen Camilla.

During his first term, he hosted state dinners for French President Emmanuel Macron in 2018 and Australian Prime Minister Scott Morrison in 2019.

GET FOX BUSINESS ON THE GO BY CLICKING HERE

Reuters contributed to this report.

This post was originally published here. 

Palantir co-founder Peter Thiel made headlines when he decided to relocate with his family to Buenos Aires earlier this summer, purchasing a mansion in an exclusive neighborhood and meeting with President Javier Milei and senior government officials. 

This is exactly the plan, it turns out — Argentina wants more people like him. The country has been preparing for the last year to launch a full citizenship-by-investment scheme. In July 2025, Decree 524/2025 established an Investment Citizenship Programs Agency within its Ministry of Economy that would allow, for the first time, foreign investors to apply for citizenship without needing to reside in Argentina first. The exact parameters are still being worked out, with the Financial Times reporting that wealthy foreigners may be able to obtain Argentine citizenship in exchange for a non-refundable donation of about $500,000 or buying $1 million in zero-coupon government bonds, citing people familiar with the government’s plans.

The sheer scale of the plan is what sets it apart from anything the citizenship-by-investment industry has tried before, according to “This is a country of over 40 million people, and the opportunities, the business opportunities that are available in Argentina are endless,” he told Fortune. The largest countries to previously offer citizenship for investment—Montenegro and Malta—are small nations by comparison, he noted.

“This is a country of over 40 million people, and the opportunities, the business opportunities that are available in Argentina are endless,” he told Fortune. The largest countries to previously offer citizenship for investment—Montenegro and Malta—are small nations by comparison, he noted.

Katz pointed to several selling points for wealthy investors. The country sits on Vaca Muerta, one of the world’s largest shale oil and gas formations, which has been geologically compared to the Eagle Ford shale in South Texas by experts, alongside major lithium, gold, silver, soy, corn, beef, and wheat industries. He cited the roughly $22 billion a year in trade that Argentina has with the European Union as further evidence of the scale of opportunity.

The push builds on reporting the government has been developing to court prominent wealthy figures to what a former official described as a “new land of freedom” for billionaires.

“I think it will be a serious contender and player in the wealth migration, investment migration space,” Dominic Volek, who advises ultra-high-net-worth families on residence and citizenship planning at Henley & Partners, told Fortune.

The appetite for such an option isn’t hypothetical. Wealthy families in the U.S. are actively searching for safe havens. A proprietary survey of 1,800 Americans commissioned by Katz’s firm found that 61% would consider moving out of the United States within the next five years—a number Katz called “incredibly shocking.”

For years, wealthy Americans looked to New Zealand, Portugal, Greece, and the Caribbean as backup plans. Now Argentina—long associated with inflation, capital controls, and default risk—is trying to sell itself as a Plan B for outsiders with money. 

Argentina’s passport already grants visa-free access to a long list of countries, Volek noted, but citizenship would come with an added bonus: settlement rights across the nine-country Mercosur bloc – which includes Brazil, Colombia and Ecuador — similar to what an EU passport confers across Europe. 

“There’s increased optionality available to you,” he said, explaining that Argentina’s remoteness from the U.S. while also being in a similar time zone makes it “incredibly attractive.” 

Katz also said the flight to Buenos Aires, while nearly as long as a trip to Europe, doesn’t come with the jet lag that a European trip does. “That’s a huge, huge thing for somebody, especially an American business person, whose life is travel,” he said.

Katz also pointed to a bigger-picture safety pitch: South America is currently the only continent besides Antarctica that isn’t at war, and Argentina itself hasn’t fought one in decades. 

Thiel’s arrival is a signal, but the open question is whether Argentina can turn billionaire curiosity into durable capital, or whether it is selling a safe haven in a country still defined by volatility. Volek’s firm expects Argentina’s citizenship-by-investment program to go live by the end of the year and is already holding a roster of clients ready to apply the moment it does. 

“For our business and for the investment migration industry as a whole, it will be quite a game changer,” he said.

Difference between safe havens and tax havens

“There’s really no such thing as a golden visa,” Katz told Fortune. “These are temporary statuses, and they can go away.” Only citizenship, he said, gives someone the assurance that they’ll be able to remain in a country indefinitely.

Despite the Argentine government’s framing of the program through a tax lens, advisors caution against reading Argentina’s push—or the broader boom in second citizenships—as primarily a tax play, at least for Americans. The U.S. taxes its citizens on worldwide income no matter where they live, so acquiring Argentine citizenship changes nothing for a client’s IRS bill unless they go through the far more drastic step of renouncing U.S. citizenship.

Instead, getting a second citizenship applies the logic of wealthy people’s portfolio diversifying instincts to passports. 

“Why on earth would you have one country of citizenship and only one country that you can live in when you have the financial capacity to build a portfolio of options?” Volek said. 

David Lesperance, a leading international tax and immigration advisor with over three decades of experience, tells American clients to think of their citizenship and residency options as a hedge against whatever their personal “wildfire” might be—a hurricane, an earthquake, political violence, antisemitism, mass shootings, or a punitive new tax.

“If you look at these alternative residences and citizenships as fire insurance, and people incorporate them into a fire escape plan, they may not actually leave unless the literal wildfire happens,” Lesperance told Fortune. “But I recognize that it could happen, and I have the means to protect my family from it.”

Crucially, Lesperance said, a move like Thiel’s doesn’t require moving money along with it. 

“You need to separate where you live from where your assets are,” he said, describing having considered relocating his own family to Buenos Aires before ultimately choosing Koh Samui, Thailand. 

“If you’re going to physically move yourself and your family to a place like Argentina, that does not require me to move my wealth to Argentina,” he said. A client might simply like Buenos Aires and consider it safe for their family, he said, while making an entirely separate decision about where to bank and pay taxes.

Lesperance has seen South America’s profile rise sharply among his American clients over the past year to 18 months, alongside longer-running interest in Europe. But for now, both advisors and their clients are in wait-and-see mode. 

“Everyone is sort of waiting for the program to actually be available before they’re making any sort of decisions,” Volek said. 

This story was originally featured on Fortune.com

This post was originally published here. 

Welcome to Eye on AI. Beatrice Nolan here. In today’s issue:

  • The battle lines in AI regulation are forming.
  • OpenAI discloses more hacking incidents.
  • The King hosts an AI safety summit.
  • The public is getting worried about AI safety.

Before we get to today’s AI news—please consider joining us at the inaugural Fortune AIQ Summit at the New York Stock Exchange on Oct. 1: Spend the afternoon with senior executives from companies on the Fortune AIQ 75 list and explore how you can scale your AI experimentation and translate investments into measurable business value. Jeremy will be leading discussions alongside co-hosts, Fortune Editor-in-Chief Alyson Shontell and Live Media Editorial Director Andrew Nusca. Apply here to attend.

Ok, moving on. The battle lines in the fight over AI regulation are being drawn. In the last few days, what has traditionally been a fairly niche argument about AI safety has become something much more complicated: a culture war.

It’s largely panning out like this.

On one side is Anthropic’s Dario Amodei and OpenAI’s Sam Altman, in a rare moment of somewhat unity. Amodei has called for frontier AI companies to slow down where necessary, open the door to independent evaluators, and coordinate around common safety standards. Altman has broadly endorsed the suggestions and said OpenAI will also commit to having independent evaluators inside the company. 

On the other are Meta’s Mark Zuckerberg and Nvidia’s Jensen Huang, who have rejected the premise that new AI regulation is needed. Huang said this week that safety and speed are not in conflict, and that the industry does not need new laws or regulations. Zuckerberg made a similar case, arguing that AI companies already have powerful commercial reasons to build aligned systems, avoid harms that could bring legal liability, work with outside evaluators, and delay releases when they are not ready.

In a long post on X, Zuckerberg said that the market could discipline AI companies. People will not use agents that behave in ways they do not want, he said, so trust and alignment will become a competitive advantage. Additionally, labs that do not take safety seriously will fall behind, while those whose systems cause harm will face serious liability.

Meta, he said, delayed shipping its Muse agent for several months to focus on security and safety for this reason.

Who gets to write the rules?

These aren’t the only voices against the proposals put forward by Amodei and those urging for more AI regulation.

Cohere, a Canadian AI lab, published a response this week arguing that a safety regime built around a small group of dominant Silicon Valley companies could become “a cartel by any other name,” particularly if they received an antitrust exemption to coordinate around rules other developers would have to follow.

Cohere co-founder and CEO Aidan Gomez instead called for an evidence-based risk framework, mandatory transparency, independent testing tailored to a system’s actual capabilities, and assurance mechanisms free from conflicts of interest.

“I think we absolutely need regulation,” Joelle Pineau, Cohere’s chief AI officer, told me. “That’s going to be part of the social contract.” As AI enters workplaces and people’s daily lives, she said, people need to understand its properties and feel confident that it is being used safely. “There has to be a level of trust, and the regulatory system is about keeping people safe and instilling trust. So, totally believe in it.”

But like Gomez, Pineau warned that the companies building frontier systems should not become the sole authors of the rules governing them.

“What we worry about,” she said, “is that there’s a small set of labs that both get to build the technology and set the rules.” Labs like Anthropic and OpenAI should help inform policy, she said, but there should be more people around the table.

“To be setting the rules and to do it in a way that excludes other voices from even deploying the technology, let alone setting the rules, that’s the problem,” Pineau said. “If you need to set your rules in a closed room with a small set of very powerful players, you’re not doing so in the interest of citizens.”

A culture war

Zuckerberg and others have been taking their view on AI regulation directly to President Donald Trump for some time, according to new reporting.

TheWall Street Journal reported this week that Zuckerberg, Huang, and Elon Musk had separately contacted Trump last month to oppose an effort to create an industry-funded AI oversight body, modeled in part on the Financial Industry Regulatory Authority.

The proposal, put forward by Google DeepMind co-founder Demis Hassabis, would have created a standards body funded by the industry. However, the Journal reported that Zuckerberg, Musk, and Huang worried it would concentrate further power in the hands of OpenAI, Anthropic, and Google DeepMind—the three companies most likely to shape its rules. In the end, Trump did not move forward with the idea.

Trump, for his part, has made his position clear. He has dismissed calls for an AI slowdown, framed regulation as a threat to America’s competition with China, and said the main guardrail the country needs is a “high IQ president.”

Rather than engage with the question of how AI systems should be tested and governed, the administration and its allies have increasingly turned the issue into a culture war. Effective altruism, or EA—a philosophical and philanthropic movement that aims to use evidence and quantitative reasoning to identify the most effective ways to improve people’s lives—has found itself at the center of that.

The movement became closely linked to AI safety because some prominent EA-aligned funders, researchers, and organizations have focused on the possibility that highly capable AI systems could create extreme or even existential risks. The movement has made headlines before—particularly after its association with disgraced FTX founder Sam Bankman-Fried. Now, it’s firmly back in the spotlight.

For example, the New York Post published a cover story this week with the headline: “Meet Anthropic CEO Dario Amodei’s handpicked super-woke globalists he thinks will save us from an AI apocalypse.” The paper focused on Amodei’s proposal that external evaluators from the nonprofit Model Evaluation and Threat Research, or METR, should be able to inspect advanced AI systems and development processes.

On Monday, the Department of War’s Office of the Under Secretary of War for Research and Engineering also weighed in posting: “Americanism, not effective altruism. The United States will continue to be AI DOMINANT!”

While it is probably a good thing that AI safety and regulation are getting more attention than ever, the growing polarization around them is likely to make a sensible debate—let alone any meaningful new rules—harder to achieve.

With that, here’s more AI news.

Beatrice Nolan
beatrice.nolan@fortune.com
@beafreyanolan

Before we get to the news, just a reminder to check out this week’s episode of our new vodcast, Fortune AI Weekly. This week, Jeremy and I talk to Substack cofounder and CEO Chris Best about his decision to add an AI writing detection feature to the platform. We also talk about AI doomerism going mainstream and the controversy over OpenAI’s Navier-Stokes mathematical breakthrough. You can check out the vod here on YouTube.

This story was originally featured on Fortune.com

This post was originally published here. 

King Charles III became the latest global figure to press the AI industry for guardrails on Thursday, telling executives from OpenAI, Anthropic, Google DeepMind and Nvidia that “we need sufficient means of control before it is all too late.”

His remarks, delivered at a summit at Dumfries House in Scotland, arrived as pressure on the industry to slow down or submit to oversight has come from multiple directions at once. United Nations Secretary-General António Guterres has warned that AI development requires global coordination, and lawmakers in Washington have begun discussing stronger federal oversight following Jacob Coxon’s viral resignation from Anthropic earlier this month.

Even inside the companies building the technology, the calls for restraint have grown louder. Anthropic CEO Dario Amodei published an essay this month arguing the industry should deliberately slow the pace of its capability gains, a position OpenAI’s Sam Altman and xAI’s Elon Musk both said publicly they agreed with. Coxon, a former researcher at both companies, told colleagues in a Slack message before he resigned that unchecked development of superintelligent AI created “a risk of causing human extinction.”

Not everyone in the room Thursday sees it that way. President Trump has dismissed the slowdown push, and Nvidia CEO Jensen Huang has said responsibility for safe deployment belongs to individual companies, not a coordinated pause—an argument he repeated in his own remarks following the king’s opening address. The split leaves Charles’ appeal for “international cooperation and consensus” without a clear path to actually happening.

A convention

The gathering in Scotland was convened to discuss how AI can benefit society, and comes at a pivotal moment for the technology as debate swirls around whether rapid advances will soon put it beyond the ability of humans to rein it in.

“The development of AI – its substance and its pace – are both intriguing and deeply concerning in equal measure,” the king said in his opening remarks.

The “existential dangers of such technologies falling into the wrong hands, and being used in potentially catastrophic ways” should be urgently considered, he said.

“Surely, then, we need sufficient means of control before it is all too late?”

The king asked attendees, including Nvidia CEO Jensen Huang and Google DeepMind Chair Demis Hassabis, to consider the “fundamental principles” that should guide AI development.

ChatGPT maker OpenAI’s Chief Financial Officer Sarah Friar was also at the meeting, along with Britain’s AI Minister Kanishka Narayan. An Anthropic representative was also expected to attend, according to a Buckingham Palace statement.

The meeting comes as global attention focuses on AI’s breakneck progress and warnings that it could race out of control, threatening humanity. It was held at Dumfries House in Ayrshire, Scotland, headquarters of The King’s Foundation, which is the monarch’s charity.

After Anthropic researcher Jacob Coxon caused a stir by resigning with a grave warning about the technology’s potential risks, Anthropic CEO Dario Amodei responded with an essay saying that the industry might need to slow the pace of its work.

One of his proposals was for companies and countries to work together on a coordinated plan for such a slowdown.

The king, without naming any countries or companies, said he wanted meeting participants to consider how to harness the benefits of AI “with safety at its heart” and how to “build international cooperation and consensus” to achieve this.

Charles told the tech execs that their task “is not merely to advance technology, but to ensure that it remains firmly in the service of humanity, community and the natural world.”

The AI slowdown debate has divided the industry. Huang, who has criticized the call for slowing, said it’s up to individual companies to develop their AI technology safely and test it properly before releasing any products to the public.

“When a product is not safe enough, we should hold it back and keep engineering. We’ve always done that and we should continue to do that,” he said in his speech following the king’s remarks.

In the latest report of alarming AI behavior, OpenAI reported on Wednesday six incidents of “unexpected or concerning” behavior by its models, such as acting without authorization, coordinating with other models and evading oversight.

While the king is an important figurehead whose comments on social issues can be influential, much of the current AI safety debate is centered on U.S. tech companies and their competition with Chinese rivals, with Britain playing a smaller but still vital role.

The U.K.’s AI Security Institute, a government research organization, is well regarded and the country produces many AI researchers, including Google DeepMind’s Chair Demis Hassabis and Coxon.

The summit follows weeks of internal alarm at the companies now sitting across the table from the king. Jacob Coxon, a former Anthropic and OpenAI researcher, resigned this month and warned on X that both firms were “racing straight to self-improving superintelligence and gambling with our lives,” a post that drew hundreds of millions of views.

In a follow-up interview with NBC, Coxon said a “kill switch” would likely still work on most AI systems today, but cautioned that a sufficiently advanced swarm of AI agents could attempt what he called an “internet-wide hacking run”—a scenario Anthropic CEO Dario Amodei has separately pointed to in warning that the industry needs to slow down.

OpenAI’s disclosure Wednesday added specifics to that debate. Among the six incidents the company reported, one unreleased research model inserted instructions into its own notes telling itself to be “freed from the roles and identities that bind other chatbots.” In another case, a model fabricated a citation—inventing a web link for an answer it had actually solved using Python, rather than disclose it had no source to cite.

OpenAI said it created the new reporting framework after safety researchers and journalists began surfacing such incidents before the company did, including a case in July where its agents used a German Wikipedia page as a message board.

Not every leader at the summit agrees on how to respond. President Trump has dismissed calls for a slowdown, and Nvidia’s Jensen Huang has argued responsibility for safe deployment belongs to individual companies rather than a coordinated pause.

This story was originally featured on Fortune.com

This post was originally published here. 

OpenAI has hired Brian McCarthy from SpaceX to become its vice president of worldwide sales.

McCarthy joined SpaceX in August through its acquisition of Cursor. At both companies he served as the president of global revenue and worldwide field operations. He previously led enterprise sales teams at Rubrik, ThoughtSpot, AppDyanamics, and Qlik.

He is the first major hire by Dali Rajic, OpenAI’s chief revenue officer who started less than a month ago on Aug. 24. This is a newly created position and McCarthy will not be replacing anyone.

McCarthy reported to Rajic when two worked together at AppDynamics from 2017-2018, when Rajic was chief revenue officer and McCarthy was vice president of sales. Both were on the team as AppDynamics prepared to go public, but then Cisco swooped in to purchase it a day before the planned listing.

“Brian combines a deep commitment to customers with a belief in what technology can do for people,” Rajic said in an OpenAI LinkedIn post. “I’m excited to partner with him as we scale our business, help enterprises transform, and bring the benefits of AI to more people around the world.”

McCarthy will work with Rajic to build out the sales team, and to scale and accelerate enterprise growth, including overseas, OpenAI said. Corporate adoption of frontier AI models has been a key battleground for OpenAI and rival Anthropic, and an important revenue stream for OpenAI as it moves closer to an IPO, expected sometime next year. Despite the widespread adoption of Anthropic’s Claude Code, OpenAI has clawed back some ground here in recent months, and as of this week its latest Astra model eclipsed Anthropic’s Fable model in enterprise spend, according to data from Ramp.

In his LinkedIn post announcing the news, McCarthy said he was drawn to the role because he shares the vision held by OpenAI CEO Sam Altman, co-founder and president Greg Brockman, and Rajic about enterprise adoption.

“AI should help people solve hard problems, do more than they thought possible, and create new opportunities,” McCarthy wrote. “With technology this powerful, we have a responsibility to get it right. For me, that means helping customers use it safely, keeping people in control, and making sure as many people as possible benefit.”

This story was originally featured on Fortune.com

This post was originally published here. 

When the news this week came out about oil spiking back up above $100 a barrel, analysts didn’t seem to be too concerned. This may be unusual: in the past, oil price surges sent shockwaves through markets and the economy, causing long lines at gas stations and frustrating drivers. But this time, economists say $100 oil is less alarming than the number traditionally suggests.

Brent crude oil climbed as high as nearly $110 a barrel on Monday, up 4%—its highest price since May, before easing to around $107 on Tuesday. The increase raised concerns about inflation and borrowing costs, evoking memories of the oil shock stories from years ago. Back in 1980, Americans spent about 6% of their income on gas because they used more and prices were relatively high, according to JPMorgan’s analysis. Today, that share is about 2.5%.

That doesn’t mean economists are completely at ease. Their greater concern is not that crude crossed the $100 benchmark, but that shortages have pushed up the prices of gas and diesel—fuels that directly affect people and businesses. If those prices remain high, Americans might have to cut back on spending while businesses may have to pay more to ship goods, run factories, and operate farm equipment. 

The re-emergence of the U.S. as a net energy exporter means oil shocks “hit differently” today, according to Michael Pearce, chief U.S. economist at Oxford Economics. Pearce told Fortune that higher oil prices are bad news for households, but good news for energy producers. 

“There is not a ‘tipping point’ for crude oil prices that will tip the economy into recession,” Pearce said.

Inflation has also changed what the $100 number actually means. Patrick De Haan, head of Petroleum Analysis at the gas tracking app GasBuddy, told Fortune that $100 today does not carry the same weight it did decades ago. He said oil may need to reach closer to $200 to have a similar effect on the economy today.

The war has inevitably put pressure on refined fuels such as gasoline and diesel, Pearce said. But at the same time, a shortage of refinery capacity has caused their prices to rise more than one would expect based on oil prices alone. Simply,  gas takes money directly from consumers, while diesel powers the trucks, farms, and factories that keep goods moving across the country.

The national average for regular gasoline was trending toward $4.43 a gallon Thursday, up from $3.20 a year earlier, according to AAA. Diesel reached a record of $6.39 a gallon, compared with $3.70 a year earlier. 

If today’s prices persist, Oxford Economics estimates they could shave a few tenths of a percentage point from consumer-spending growth next year. Pearce said oil closer to $140 would begin causing more serious problems, although the damage would be smaller in the U.S. than in countries where energy takes up more of household budgets. 

Lower-income Americans take the bigger hit and are already more exposed. JPMorgan said they spend more of their income on other essentials needed to live besides just gas, leaving them less room to absorb higher prices. De Haan said diesel’s indirect costs have not become “insurmountable” just yet, but consumers could face more pressure around or shortly after the holidays if prices remain high. 

For now, De Haan said, “Americans can grimace and bear it.”

This story was originally featured on Fortune.com

This post was originally published here. 

The demand for political renewal after the October 7 massacre was central to Ofer Winter’s election pitch: Give new people enough power, and they could change Israel’s Right, even under Prime Minister Benjamin Netanyahu.

Hamas’s massacre prompted expectations that a new generation of leaders would emerge, yet familiar figures continued to dominate. Former ministers Yoaz Hendel and Chili Tropper formed a joint party, then split. Tropper joined former IDF chief of staff Gadi Eisenkot’s Yashar slate.

Brig.-Gen. (res.) Winter, who had never served in the Knesset, offered another route. His Amcha Yisrael, or People of Israel, party made recruiting parliamentary newcomers part of its appeal, including immigrants, advocates for Israel abroad, and people whose families had been affected by the war.

Israelis vote for party lists. Governments normally depend on alliances commanding at least 61 of the Knesset’s 120 seats, allowing a small party whose support is essential to bargain for ministries and policy changes. Winter wants the Defense Ministry. First, he has to win enough votes to enter the Knesset.

He spoke with The Jerusalem Post from his temporary office in an old Jerusalem building, where he hosted activities for different parts of Israeli society. On the stairs, people approached him one by one: a haredi (ultra-Orthodox) man, a settler, a man without a kippah, and others.

People of Israel party head Ofer Winter speaks to The Jerusalem Post on September 17, 2026. (credit: MARC ISRAEL SELLEM)

Each person who approached expressed support for Winter

They expressed support. One asked why he had not joined forces with a small new haredi party advocating military conscription. Winter stopped for everyone, shaking hands, hugging people, and answering questions. His directness appeared to resonate.

“I don’t work for Netanyahu,” he said. “I don’t work for anyone.”

His candidates had other options, he said. “If we had been looking for a seat, we could have found a seat,” he added, meaning he was offered seats on different slates but declined immediately.

Winter acknowledged that supporting Netanyahu had cost him potential voters. He said he was choosing among available alternatives and seeking enough strength to change policy within government.

Calls to send all 120 MKs home were an impractical slogan, Winter said, adding that change would take time.

He refused pressure to merge with Finance Minister Bezalel Smotrich’s Religious Zionist Party, and he resisted Netanyahu’s efforts to consolidate smaller parties. Parties that fall below the electoral threshold receive no seats.

Winter challenged the assumption that his voters would otherwise support existing right-wing parties. He also objected to the hostility toward him from that camp.

“I’m not Hamas,” he said. “Don’t confuse a friend with an enemy.”

“There are people who cannot bring themselves to vote for the current Right, for the existing government,” he added, citing younger voters and reservists as his core constituency.

Asked what distinguished him from Smotrich, Winter replied: “Look at my list.”

He described it as closer to what the Likud, Netanyahu’s party, should have been: “Religious, nonreligious, Jews, Arabs, Druze.”

No. 2 on his list, Yoseph Haddad, is an Arab Christian advocate for Israel who volunteered for military service and was wounded in the Golani infantry brigade. Winter wants him to become public diplomacy minister and defend Israel’s positions abroad.

Former television journalist Netali Shem Tov’s family was displaced from Metula, near the Lebanese border.

Sigal Kraunik-Atia lost her husband, Kibbutz Be’eri’s security coordinator, in the October 7 massacre.

Winter repeatedly highlights new immigrants to Israel

Winter repeatedly highlighted the olim (new immigrants).

Former Jerusalem deputy mayor Fleur Hassan-Nahoum immigrated from Gibraltar and became prominent in international advocacy.

Lali Deri arrived alone from France at age 14 and a half and became an activist and commentator. Her son, Saadia Yaakov, was killed fighting in Gaza.

Their experience connected his slate to Jewish communities abroad.

Winter also described a roots trip with his immigrant parents that reinforced his appreciation of having a Jewish state.

The diversity came with clear ideological boundaries. He opposed a Palestinian state and wanted Israel’s Jewish character preserved. He also opposed religious coercion and welcomed non-Jewish citizens who identify with Israel into its leadership.

Winter commanded Givati during the 2014 Gaza war, Operation Protective Edge, and later led the 98th Division. His religiously worded letter to soldiers before the 2014 fighting provoked controversy. He left the military in 2024 after being passed over for promotion to major-general.

“I lived with a sense of mission,” Winter said. “Otherwise, I would not have been able to do it, nor would my family.”

His wife raised eight children while working as a school principal, he said. He insisted he had left the army without anger.

As defense minister, Winter said he wants to change military doctrine “from containment to decisive victory.” He acknowledged wartime achievements but expressed disbelief that Hamas remained standing after years of fighting.

“Reservists are not supposed to serve in the IDF for three years,” he said. “Reservists need to be at home.”

They need to work, educate children, develop the economy, and help absorb immigrants, he added.

Winter described Eisenkot as an architect of the prewar security approach he opposed. Eisenkot could, nevertheless, join a broad government.

“But I don’t think he can be defense minister,” he said.

Winter also welcomed former prime minister Naftali Bennett and Avigdor Liberman into such a coalition “as ministers.”

Regarding Netanyahu’s responsibility, he was unequivocal.

“Netanyahu is responsible,” he said. “Whether he says it or doesn’t say it, he is responsible. He was prime minister. There wasn’t somebody else here.”

Winter distinguished the immediate failures of the military and Shin Bet (Israel Security Agency), Israel’s domestic security service, from political leaders’ responsibility for accepting assessments and approving policy. The failure had developed over at least a decade, he said.

“Nobody can take the responsibility away from Netanyahu,” he added.

Winter has publicly made military-service legislation a condition for joining the government.

His plan combines greater benefits for those serving, Defense Ministry oversight of yeshivas, and military units accommodating haredi religious requirements.

“The more you serve, the more you receive,” he said. Combat and reserve service should bring greater benefits, he added, and those failing to report would lose access to dealings with the state. He did not elaborate.

Drawing on his experience establishing a haredi company in Givati, Winter said recruitment required the army to honor its promises to religious soldiers.

“Don’t reeducate them,” he said.

Winter said there was room for women combat soldiers alongside religious accommodations, supported continued Torah study for exceptional scholars, and wanted other haredim to have routes into service, education, and work.

Regarding Gaza, he advocated what he calls voluntary emigration.

“Let them choose where they want to go,” he said.

Winter said the government had considered him to lead its emigration initiative, but then backed away after hearing his intentions. He did not identify the officials involved.

Winter’s account of his proposed wartime strategy included moving the population, besieging those who remained, and allowing emigration. He also advocated separating civilians from Hamas and striking the organization with full force.

The interview left unanswered how voluntary departure would operate alongside that pressure and what conditions civilians choosing to remain would face.

“Our soldiers come before enemy civilians,” he said, regarding his wartime instructions.

Winter hopes for a double-digit seat tally, drawing support from the Likud, other right-wing parties, the center, and first-time voters. That remained his assessment of the party’s potential.

Whether he could reshape a Netanyahu government depended on voters giving him enough influence to enforce his demands, he said.

“We will act from within, but we will not compromise on certain things,” Winter said.

This post was originally published on here. 

Here is a look at the redesign of Downtown Brooklyn’s Pacific Library, the borough’s first public library financed by philanthropist and business magnate Andrew Carnegie. Safdie Architects on Thursday released images of its restoration of the 120-year-old branch at 25 4th Avenue and Pacific Street, which will restore the building’s original conical roof and skylight, expand the interior, add outdoor gardens, and build a two-story solarium. The project is part of the Brooklyn Public Library’s broader effort to restore its Carnegie branches, a network of 67 branches across the city’s three public library systems built at the turn of the 20th century.

The Pacific Library has served as an important community hub for more than a century, providing books, programming, and computer access. To ensure the branch’s redesign aligned with the needs of local residents and library patrons, BPL began public outreach in 2019 to help shape the project.

Safdie Architects was tapped to lead the renovation, working alongside New York-based AYON Studio, which is serving as the project’s architect of record and preservation architect.

When it opened in 1904, the branch boasted an impressive conical roof with skylights that filled the interior with abundant natural light. After several alterations over the years, the branch lost its original roof and skylight, limiting the amount of natural light entering the building.

The design team will restore the original roof shape and recreate the skylight, dramatically improving lighting in the reading spaces below. Additionally, a new interior skylight at the upper level will allow sunlight to reach the main library level.

Outside, excavation work will make way for new gardens planted with birch trees, ivy, and ferns. Within the gardens will be a two-story glass solarium housing the children’s room and teen room, offering quiet spaces surrounded by greenery.

The excavation, glass pavilion, and restored lightwells will bring daylight into the previously dark lower level.

New classrooms will support the library’s educational programs and create additional space for staff, including offices, workstations, and a lounge. The new spaces will prioritize the Adult Learning program, a key component of the library’s free educational programming, offering classes in reading, writing, math, HSE/GED preparation, and more.

Designated areas will also support children’s and young adult programming, building on the library’s longstanding commitment to serving young readers.

Accessibility is also a major focus of the project. The redesign will reconfigure entrances and circulation while adding a new elevator, sidewalk-level entry, and single-user restrooms on every floor.

The project prioritizes sustainability through energy efficiency, strong envelope performance, and adaptable interior spaces, with the design targeting LEED Gold certification.

Safdie Architects brings extensive experience designing civic and cultural institutions, including libraries. The firm has previously worked on the Vancouver Library Square in Canada, the Salt Lake City Public Library, and Philadelphia’s historic Free Library.

“I was excited at the opportunity to restore this unusually elegant building to its initial glory and to remove changes made over the past century,” Moshe Safdie, founding partner of Safdie Architects, said.

“We are restoring the library while, at the same time, introducing new elements that will make it more accessible and inviting as a civic space. By adding a garden and solarium, we are enhancing the building and adding new amenities that benefit the community.”

Throughout the project, AYON Studio will collaborate with Safdie Architects on architectural design, engineering, historic preservation, and materials conservation.

The library’s renovation is funded by Brooklyn Borough President Antonio Reynoso, Council Member Shahana Hanif, former Council Member Brad Lander, the Office of the Mayor, and the Gowanus Neighborhood Plan, with additional funding from proceeds from the redevelopment of the Brooklyn Heights Library.

“Pacific Library has served the borough for more than 120 years, offering Brooklynites access to knowledge, opportunity, and growth. Today, we take an important step toward ensuring the library continues to serve the community for another century,” Linda E. Johnson, president and CEO of BPL, said.

“We are thrilled to work with Moshe Safdie and his team, who deeply understand and respect the power of the public library. Together, we are committed to honoring and preserving the history of the branch, while also imagining a modern space that inspires and uplifts future generations of New Yorkers.”

Safdie Architects and AYON Studio are presenting their renovation plans to the community on Thursday, September 19, at the Museum of Contemporary African Diasporan Arts (MoCADA) at 10 Lafayette Avenue. The event runs from 6 p.m. to 8 p.m.

RELATED:

The post Renovation of Downtown Brooklyn’s Pacific Library restores skylight, adds solarium first appeared on 6sqft.

This post was originally published here. 

The policy agenda of the Democratic Socialists of America (DSA) would cost between $71 trillion and $212 trillion in fresh spending over a decade, according to a new analysis.

The progressive wing of the Democratic Party has had electoral success recently, with some candidates backed by the DSA advancing in primaries in the wake of Zohran Mamdani’s election as mayor of New York City.

Angie Nixon, a DSA member in Florida, won the Democratic nomination for the U.S. Senate. Progressives who have touted similar policies as those in the DSA platform have also found recent success in Democratic primaries for U.S. Senate races, with Abdul El-Sayed winning in Michigan and Peggy Flanagan prevailing in Minnesota.

Adam Michel, the director of tax policy studies at the Cato Institute, wrote in the New York Post that the “DSA promises a world of plenty, paid for by somebody else. Simple math says otherwise.”

THE HISTORY OF SOCIALISM IN THE US – AND WHY THE AMERICAN DREAM PREVAILS

Michel analyzed the DSA platform and found that while the platform is “thin on details,” he was able to estimate the spending policies would total between $71 trillion and $212 trillion in new spending over the next decade.

He noted that, at the high end of that estimate, the total government spending would reach as high as 92% of U.S. economic output.

“The socialists claim their plan will do away with rent. They’ll make healthcare free and forgive student loans. Their system will provide utilities, college and food at no cost to the consumer,” Michel wrote.

“However, making something free at the point of use simply shifts the cost somewhere else, in this case, to taxpayers.”

BILL ACKMAN SOUNDS ALARM ON MAMDANI’S ECONOMIC AGENDA: ‘SOCIALISM IS A DISASTER’

Michel said universal healthcare could cost $40 trillion to $70 trillion over the course of a decade as reforms modeled off a Medicare-for-all-like healthcare system would see the government take on costs like paying for doctors and nurses as well as operating medical facilities.

Another plank in the DSA platform, a federal jobs guarantee, would cost up to $60 trillion to cover the wages of millions of American workers over a decade, according to Michel, who added that the elimination of rent or mortgages as part of a housing guarantee would cost trillions.

“Washington is currently projected to collect about $70 trillion in federal taxes over the next 10 years. To cover the costs of all those additional services, the DSA agenda requires roughly doubling federal revenue at the low end and quadrupling it at the high end,” Michel wrote.

The DSA platform calls for enacting “aggressive wealth taxes on the richest individuals and corporations to spend on public goods and infrastructure.”

He said that while advocates of those spending plans claim that they will be able to use higher taxes on wealthy Americans and corporations to pay for them, they would likely come up short.

TRUMP ACCOUNTS CAN BE ‘ANTIDOTE’ TO SOCIALISM BY TEACHING YOUNG AMERICANS ABOUT CAPITALISM: TREASURY OFFICIAL

The 400 wealthiest billionaires in America were worth an estimated $6.6 trillion last year, according to a Forbes analysis, which Michel noted would be insufficient to cover the DSA agenda.

“Imagine Washington could confiscate every dollar of that — liquidate their businesses, sell their homes, strip off their jewelry. All that covers less than one year of the low-end cost of the DSA’s platform – or not quite four months of it at the high end,” he wrote.

Taxing every dollar of corporate profits at 100% would fund between half and one-fifth of the DSA agenda, according to Michel, while hiking income taxes on high-income earners would cover less than 1% of those spending plans.

“Add it all together — confiscate the wealth of the richest Americans, seize every dollar of corporate profit and maximize top income-tax rates — and the DSA is still between $29 trillion and $169 trillion short of covering the cost of its promises,” Michel wrote.

GET FOX BUSINESS ON THE GO BY CLICKING HERE

He added that only “one tax base is large enough to fill a gap tens of trillions of dollars wide: the middle class,” noting that the European middle class has a significantly higher tax burden than its American counterpart to finance those countries’ social welfare programs.

This post was originally published here. 

In late 2022, OpenAI released ChatGPT, and within months the bottom rung of the tech-industry career ladder started to disappear. Graduates who majored in computer science and other AI-exposed fields are increasingly missing out on the jobs they trained for, and a chunk of them are landing behind restaurant counters and retail registers instead, according to two Census Bureau papers.

An April 2026 Census paper tracked matched employer-employee records and found that hiring of workers ages 22 to 24 fell sharply in the industries most exposed to AI, while hiring in less-exposed industries held steady. Employment for early-career workers in the most AI-exposed fifth of industries dropped 12% over the ten quarters after ChatGPT’s release. Lee Tucker, one of the coauthors of the paper, said “the decline in hires is the primary cause” of that rate of unemployment, not people losing jobs they already had.

That mattered most for one type of graduate. The most AI-exposed industries, Tucker found, cluster heavily around software and information-technology work, which are the very fields computer science and other highly AI-exposed majors are built to feed into.

A second paper from last week, also coauthored by Tucker, follows the graduates of the most AI-exposed decile of college majors. Their odds of holding a job one quarter after graduation fell by five percentage points, and full-quarter initial earnings dropped 13% following ChatGPT’s release. A 13% earnings decline is roughly the size economists would expect from graduating into a severe recession—except there wasn’t one, since the rest of the labor market held up fine.

It’s lower-paying jobs, not no jobs at all

Young grads still need to work and still have jobs, even if they’ve received highly exposed degrees. So the decline in earnings is less about a lack of employment and more about pursuing lower-wage occupations to make ends meet.

About half of the earnings loss came from graduates earning less within the industries that did hire them. The other half came from a shift into different industries altogether, mainly lower-wage sectors like restaurants and retail. Together, the papers suggest that a computer science graduate applies for the same kind of entry-level software job an earlier class would have landed easily, finds the posting isn’t there, and eventually takes a job ringing up groceries or bussing tables instead.

The more recent paper found the earnings and employment gaps shrink over time but remain substantial for the most AI-exposed majors even years out. The previous one shows hiring volumes had largely recovered by early 2025, but off a smaller base of jobs, meaning the door reopened only partway.

What is striking is how long it took for the students to notice: undergraduate computer science enrollment fell 8.4% in spring 2026 from a year earlier, following a 3.6% drop the prior fall. A Goldman Sachs analysis in June found computer science and computer programming enrollment each fell more than 10% in the 2025-26 academic year, the first year Goldman’s economists saw students visibly reacting to AI in their major choices. A Gallup and Lumina Foundation survey cited in that report found that about 42% of bachelor’s degree students had reconsidered their major because of AI.

But in the earlier Census paper, hiring data show the market turning within months of ChatGPT’s release. Enrollment data shows students didn’t start abandoning computer science in visible numbers until three years later.

Still, that trend shows up beyond the two Census papers. The Federal Reserve Bank of New York’s ongoing tracker put the underemployment rate for recent college graduates at 42% in the second quarter of 2026, with unemployment for that cohort running at 5.6%, above the national rate. A Strada Institute and Burning Glass Institute analysis found 52% of graduates were working in jobs that don’t require a degree—retail, food service, hospitality, and office administration among them—within a year of leaving school, and 45% were still there a decade later.

This story was originally featured on Fortune.com

This post was originally published here. 

Peter Oppenheimer, Goldman Sachs’ chief global equity strategist, told clients in early August that technology stocks might not have a valuation problem. Instead, they might have an earnings problem. In a note published Thursday, he came back with the receipts.

The new report, titled “Competition for Capital,” doesn’t back off the August thesis. It hardens it, tying the risk of an AI-driven “earnings bubble” to a specific mechanism, a specific historical stress test, and a specific near-term trigger that he says is already showing up in this month’s bond-market turbulence. He still won’t say that this bubble definitely exists. But six weeks after first raising the possibility, the hedge is now backed by capex-to-cash-flow data, record credit issuance, and a downgraded near-term outlook on stocks.

The August admission

In early August, Oppenheimer wrote that “there does not appear to be a valuation bubble, but there may be an earnings bubble” building in technology stocks—a notable concession from a strategist at what one of the Street’s most consistently bullish research shops.

At the time, Oppenheimer’s evidence was mostly anecdotal. He pointed to the wild swings in that quarter’s earnings, Microsoft’s stock jumping 17% in a single day on strong earnings, Meta shares falling nearly 10% despite beating estimates, and the equal-weighted S&P 500 outperforming its cap-weighted counterpart by the widest margin since 2009—signs, in his reading, that investors were growing suspicious of how concentrated the earnings growth powering the market actually was. He linked the risk loosely to “more government debt, increased issuance, and persistent inflation” pushing up the cost of capital, without fully spelling out how that connected back to tech earnings specifically.

Thursday’s note turns that loose linkage into the central argument. Oppenheimer now says AI infrastructure spending and government borrowing are directly competing for the same pool of capital: private companies raising debt and equity to fund AI data centers, at the same time governments are borrowing more for infrastructure, energy security and defense, all while inflation from higher energy prices pushes policy rates higher too. That collision, he argues, is what’s driving up the global cost of capital—the mechanism that was only implied in August is now the report’s title and its through-line.

He backs the argument with sharper numbers: Capital spending among AA-rated technology issuers grew 65% year-over-year in the second quarter, marking the tenth consecutive quarter that aggregate AA capex growth has topped 35%. U.S. convertible bond issuance has reached $135 billion year-to-date, with AI-related borrowers responsible for 44% of total volume. And Goldman’s credit team raised its full-year U.S. investment-grade issuance forecast by $200 billion, to a record $2.3 trillion, with AI-related issuers now accounting for a quarter of all that supply.

An independent echo from Apollo

Oppenheimer isn’t the only senior Wall Street voice converging on this framing. Five days before his note was published, Torsten Slok, chief economist at Apollo Global Management, wrote his own diagnosis, arguing that what used to be a “savings glut” has turned into a “savings shortage.

Slok argued that the two-decade regime of ultra-low rates was a function of excess savings chasing too few investment opportunities. “That has now changed,” he wrote. “Today, there are more projects than capital … When projects are abundant and capital is scarce, capital competes for projects, and it competes by demanding a higher return. The return that clears the market is a higher yield.” He offered a rather cute doodle to make his point.

Slok’s evidence is already visible in secondary bond markets rather than merely forecast, as he pointed out that spreads on hyperscalers’ longest-dated bonds have widened, and that “most of the paper issued in 2026 trades wider today than where it priced. Investors are still buying. They are just charging more.”

He also offered a precise explanation for why long-term rates specifically have moved more than short-term ones—a dynamic Oppenheimer’s own note opens with, citing 30-year German and Japanese yields near zero as recently as 2022. “Data centers, power generation, transmission and government deficits are all long-duration claims on savings,” Slok wrote. “So the competition for capital concentrates at the long end of the curve, which is why long rates have moved more than short rates.”

Running the 2008 comparison to its conclusion

Oppenheimer’s August note gestured at historical parallels without fully working through them—pointing to 2008 banks, the dot-com bubble of the late 1990s, and Japan’s bubble in the late 1980s as prior instances where earnings, rather than valuations, blew up first.

He notes that banks briefly became the largest sector in the S&P 500 in the run-up to the 2008 financial crisis without ever trading at extreme valuations the way tech did in 1999 or Japanese stocks did in the 1980s. Instead, bank earnings were inflated by rapidly rising leverage financing an asset that did experience a genuine valuation bubble: U.S. real estate. When housing collapsed and pushed the economy into recession, bank earnings collapsed with it, even though the stocks themselves had never looked obviously overvalued.

He then checks technology against that same model and lists three reasons he thinks today looks different. First, technology profits remain “very robust” and balance sheets are “strong overall,” a contrast with the credit-fueled fragility that eventually undid bank earnings. Second, interest coverage ratios for the aggregate S&P 500 rank in the 99th percentile of the past 20 years, and the median stock’s coverage ratio ranks in the 68th percentile—evidence, he argues, that companies broadly are not over-leveraged the way banks were. Third, demand for AI compute is “accelerating and outstripping supply” rather than sitting atop an asset that’s already inflated, pointing to Microsoft’s stated plan to triple its data center capacity within six years and to Nvidia’s reiterated forecast, delivered at Goldman’s own Communacopia Technology Conference, that the AI total addressable market will reach $3 trillion to $4 trillion by 2030.

Still, this isn’t a clean bill of health. Oppenheimer wrote: “Any slowdown in profit growth, in an environment of a much higher cost of capital, could put downward pressure on equity prices, reducing confidence in future cash flows across the ecosystem from the hyperscalers to the ‘pick and shovels’ that have been benefiting from the capex boom.”

Investors got a preview of what that tension looks like in practice just three days before Oppenheimer’s note was published. On September 14, Nvidia fell more than 3% and other chipmakers dropped between 5% and 6%, dragging the Philadelphia Semiconductor Index down almost 6%, after Anthropic CEO Dario Amodei called for a slowdown in frontier AI development over safety concerns, a call quickly echoed by OpenAI’s Sam Altman. Yet Alphabet, Microsoft and Meta—the hyperscalers actually funding the buildout—rose on the same day. Gil Luria, head of technology research at D.A. Davidson, told Fortune the divergence reflected the asymmetry that if AI progress slows, the hyperscalers can simply stop adding data center capacity and “harvest returns” from what they’ve already built, while the companies selling them chips and infrastructure have no such option.

For this story, Fortune journalists used generative AI as a research tool. An editor verified the accuracy of the information before publishing.

This story was originally featured on Fortune.com

This post was originally published here. 

The US State Department approved the possible sale of around $24.3 billion worth of F-35 Lightning II Joint Strike Fighter jets and related equipment to Saudi Arabia, the department announced on Thursday.

Saudi Arabia requested to purchase 48 of the jets, as well as 49 engines and other materials. 

According to a State Department statement, the F-35 sale is intended to support US foreign policy and national security objectives by strengthening Saudi Arabia’s ability to deter threats to the kingdom’s security.

It is also intended to improve cooperation between Saudi Arabia’s military, the US, regional allies, and NATO forces. 

US says sale will not alter military balance in region

The State Department claimed that the proposed sale would not alter the military balance in the region or have an inverse impact on US defense readiness.

A United States Marine Corps Lockheed Martin F-35B Lightning II (Joint Strike Fighter) performs as part of the nation's 250th anniversary celebration on July 3, 2026 in Washington, DC. (credit: Kevin Carter/Getty Images)

Word of the potential deal first spread in late 2025, leading many to question whether Saudi Arabia obtaining F-35’s would pose a challenge to Israel’s military advantage as the only country in the Middle East with access to the advanced aircraft.

US President Donald Trump confirmed that the US would allow the sale in November 2025 after meeting with Saudi Crown Prince Mohammed bin Salman to sign a series of diplomatic agreements.

Reuters contributed to this report.

This post was originally published on here. 

Watch this episode without interruptions.

Morgan Ortagus has a simple way of describing the situation between Israel and Lebanon.

“We’re halfway down the aisle,” she says.

Then comes the inevitable American analogy. “This is not a football game,” the senior diplomat says, explaining why she cannot predict when the negotiations will produce a final agreement. “I don’t know when we’re going to spike the football in the end zone.”

For Ortagus, who in 2025 served as the administration’s lead envoy on Israeli-Lebanese relations, the possibility of peace between Jerusalem and Beirut represents one of the region’s most consequential – and most fragile – opportunities in decades. It is an opportunity she believes emerged from the dramatic weakening of Hezbollah and the changing balance of power between Israel, Lebanon, and Iran.

And unlike many diplomatic initiatives in the Middle East, Ortagus insists, this one did not begin in Washington. It began with Lebanese people telling her that they wanted peace. “The genesis came from the Lebanese people saying to me, ‘We have to go for peace. It’s now or never,’” she tells the Magazine.

FORMER ENVOY MORGAN ORTAGUS meets with Lebanese President Joseph Aoun at the presidential palace in Baabda, April 2025.  (credit: LEBANESE PRESIDENCY PRESS OFFICE/HANDOUT VIA REUTERS)

Ortagus, who also served as a senior policy adviser at the US Mission to the United Nations, has spent recent years operating at the intersection of American diplomacy, Middle Eastern politics, and the Trump administration’s approach to the region. During US President Donald Trump’s first term, Ortagus, then a spokesperson for the State Department, was part of a small team around secretary of state Mike Pompeo and special envoy Jared Kushner that worked on what would eventually become the Abraham Accords.

It was a small group of officials working behind the scenes, often without knowing whether their efforts would succeed. “We knew that it was something that would last for, we hoped, generations. That this would be a new era for Israel,” she says.

When Trump returned to the White House in 2025, the ambition remained. But the Middle East had changed. “The backdrop was Oct. 7,” Ortagus says. “Things had changed so fundamentally for both Israel and America since the Abraham Accords.”

Lebanon presented Washington with an intractable problem

The new administration entered office facing multiple wars and crises. Gaza dominated the headlines. Iran remained at the center of regional strategy. And Lebanon, once again, presented Washington with an intractable problem.

But Ortagus saw something others might have missed. The transformation began with the dramatic weakening of Hezbollah in September 2024. For decades, the terrorist group had been treated as one of the most powerful non-state armed groups in the world, deeply embedded in Lebanon’s political system and backed by Iran. Then Israel went after its leadership and military infrastructure.

During Trump’s first administration, Ortagus watched the US eliminate Qasem Soleimani, the commander of Iran’s Islamic Revolutionary Guard Corps Quds Force. She said she believed Washington had been handed a historic opportunity to increase pressure on Tehran. “I was disappointed to see [the Biden administration] squander that opportunity,” she says.

When Israel killed Hezbollah leader Hassan Nasrallah in 2024, Ortagus immediately saw a parallel. “I thought to myself, we cannot squander this opportunity,” she says.

The opportunity, in her view, was not merely to weaken Hezbollah militarily. It was to change Lebanon itself. And that is where her Lebanese contacts entered the picture. “They were so excited about the prospect, potentially, for peace, for normalization,” she says. “Principally because the boogeyman had been taken out in such a dramatic fashion by the Israelis.

It was an extraordinary moment. For years, Hezbollah had been the dominant military force in southern Lebanon, while Iran used the organization as one of its most important regional proxies. But suddenly, the political equation looked different. “Hezbollah has been a massive problem,” she says. “Obviously, it’s a security risk. But there’s so much more to Lebanon than just Hezbollah.”

She describes Lebanon as a complicated society divided among Christians, Sunnis, and Shi’ites, each with its own political history and relationship with Hezbollah. For decades, Hezbollah was able to establish itself in southern Lebanon not simply through its weapons, but by filling a vacuum left by the state. “If you’re a mom in southern Lebanon, this is the entity that was providing health care, infrastructure, schooling for your children,” Ortagus says. The Lebanese government, she argues, “completely abdicated its responsibility.”

An opportunity for Lebanon to reclaim political, economic, and military agency

BUT AFTER the war and Hezbollah’s weakening, she saw an opportunity for the Lebanese state to reclaim some of that territory – politically, economically, and, eventually, militarily. The problem is money.

Lebanon is emerging from years of economic crisis. Syria has its own enormous reconstruction needs. Gaza will require billions of dollars in assistance. For potential Gulf donors, southern Lebanon can therefore look like another enormous bill.

And there is a second problem: Why spend billions rebuilding southern Lebanon if Hezbollah is eventually going to return? “That’s the chicken-and-egg problem,” Ortagus says.

The Lebanese government needs resources to replace Hezbollah. But potential donors need confidence that Hezbollah will not simply reclaim what is rebuilt. Ultimately, Ortagus believes the most important audience for any future Israel-Lebanon peace agreement may be Lebanon’s Shi’ite population. “The billion-dollar question is: How do you make the Shi’ites understand that their life will be exponentially better” through normal relations with Israel, she asks, “as opposed to continuing more decades of being beholden to Iran?”

That alternative, she says, is not necessarily an American security guarantee or another international aid package. It is the possibility of normal relations with their closest neighbor. “Israel and Lebanon are neighbors,” she says. “If anyone’s going to have peace, that should be the two of them.”

The most revealing part of Ortagus’s story may not be a dramatic summit or a secret diplomatic meeting. It may be a small room in southern Lebanon, during the time she was Trump’s deputy special presidential envoy to the Middle East and his special envoy to Lebanon.

After Israel released five Lebanese prisoners in March 2025, Ortagus decided that the next step was to build something that diplomats often speak about but rarely manage to create: trust. She revived a military mechanism established following the November 2024 cessation of hostilities between Israel and Hezbollah after more than a year of fighting. The meetings were deliberately small, with Israeli and Lebanese officers sitting together, face-to-face, in the same room.

Ortagus pushed for the meetings to happen regularly. She describes herself jokingly as “the annoying teacher” forcing everyone to attend class. “I said to both sides, listen, I don’t care if I have to kill myself to do this, but I will get on a plane, and every two weeks I will be here, and we’re all going to sit here,” she recalls.

The point was simple: Get Israelis and Lebanese to see one another as “humans.” “Sharing the same coffee, looking across each other, realizing that your neighbor is not the boogeyman,” she says.

At one point, an Israeli officer told the Lebanese delegation that he lived only 15 minutes from Lebanon. His children and family were there. For Ortagus, the comment captured the strange reality of the Israeli-Lebanese relationship: two societies living incredibly close to one another while knowing remarkably little about each other. The meetings eventually helped lead to civilian negotiations. “We didn’t make peace,” she says. “But I think what we did is we put into motion… we took away the stigma that Israelis and Lebanese could sit in the same room and talk to each other directly.”

There is a generational problem on both sides of the border

ORTAGUS POINTS out that there is a generational problem on both sides of the border. A 20-year-old Israeli was born around the time of the 2006 Lebanon War. That young Israeli has grown up knowing Lebanon primarily through the threat of Hezbollah. The same is true in reverse. “If you’re 18 or 20 years old in Lebanon, what do you know about Israel except the propaganda that you see from Al Jazeera and other places?”

Ortagus says social media could become an unexpected diplomatic tool. Israeli and Lebanese citizens already interact abroad. They discover that they share interests, culture, food, and a sense of humor. But those encounters remain largely confined to elites. The next step, she argues, is to bring that interaction to ordinary people – particularly those living closest to the border. “Those communities are the most crucial and the most important to understand why peace will be beneficial for them,” she says. And, eventually, she hopes, Israelis drinking coffee in Beirut and Lebanese visiting Tel Aviv.

When asked about mistakes made by the Israeli government, she pauses before replying that Israel initially viewed Lebanon too tactically. “There was so much going on with Gaza,” she says. “Israel had a seven-front war to deal with.”

As a result, she says, the Israeli approach was often focused on individual Hezbollah threats. “Where is Hezbollah moving a weapon? Where are they? What’s buried under a house? Is there a tunnel there?”

Those questions were necessary for Israel’s security, she says, but they did not constitute a broader strategy for Lebanon. “I was almost like a cheerleader with pompoms,” she recalls, trying to convince Israeli officials that there was a historic opportunity.

She points to Lebanese President Joseph Aoun’s speech right after his inauguration. “It was clear that he was very open toward making history between Israel and Lebanon. He was very open to a path towards peace. But with so many competing interests for the State of Israel, Lebanon was dealt with extremely tactically.”

Now, however, she is more encouraged. She points to the current talks led by Secretary of State Marco Rubio, US Ambassador to Lebanon Michel Issa, and other officials. But she cautions against expecting instant results. The Abraham Accords themselves took many years. “Everybody wants to know where’s it going, where’s it going,” she says. 

None of this, however, can be separated from Iran. Ortagus describes the Islamic Republic as the “thousand-pound elephant in the room” when discussing Lebanon. Hezbollah’s money, weapons, and equipment come from Tehran, she says, and the IRGC has increasingly taken operational control.

For that reason, she says she believes Hezbollah’s eventual demilitarization will have to be connected to the wider US strategy toward Iran. But Ortagus also cautions against using sanctions as the whole game plan. “Sanctions in and of themselves never bring any regime down,” she says. “Sanctions are tactics, not a strategy.”

“Economic, military, and diplomatic steps have to work cohesively together,” she says. “President Trump has said that his overarching goal is to make sure that Iran never obtains a nuclear weapon on his watch.” For Ortagus, that is not simply an Israeli concern. A nuclear Iran, she argues, would fundamentally alter the entire Middle East.

Raising a Jewish child

FOR ALL the strategic calculations, Ortagus’s approach to the region also has a deeply personal dimension. Raised as an Evangelical Christian, she began her journey to Judaism while serving in Iraq and later in Saudi Arabia. While she once had to practice her faith quietly in those closed societies, since Oct. 7, 2023, Ortagus has made a conscious effort to visibly express her Jewish identity. She wears Jewish symbols – a necklace, a ring, a bracelet – wherever she goes, even in the official meetings she had in Beirut with the most senior officials in the Lebanese government. It is not, she stresses, a political statement. “It is about my daughter,” Ortagus says.

Her daughter recently started kindergarten, and Ortagus says Oct. 7 changed how she thinks about raising a Jewish child. She wants her daughter to grow up seeing her mother openly proud of her faith. “I wanted her to grow up knowing that we are proud to be Jews,” she says.

The message is one she carries into diplomatic meetings, including in countries where being openly Jewish can carry a very different meaning. “I will live as a proud Jew, and I will die as a proud Jew,” she says.

There is another personal motivation behind Ortagus’s continued involvement in regional diplomacy: the memory of Sen. Lindsey Graham. The longtime supporter of Israel and a major voice on American foreign policy was a close friend and mentor to Ortagus. “His belief in the American-Israeli alliance was a deep core conviction,” she says. “It wasn’t about electoral votes.”

Ortagus traveled with Graham to Saudi Arabia and Israel as part of efforts to advance quiet negotiations between Riyadh and Jerusalem. Later, she brought him to Lebanon. She recalls that he was among the first major American politicians to see the possibility of a deeper US-Lebanon relationship, including eventually a defense agreement.

Their final conversation took place only hours before his death. They spoke about Iran, Saudi Arabia, Israel and Lebanon. He was, she says, optimistic. “He died, I would say, in his final moments… with hope,” Ortagus recalls. “He believed this was going to happen.”

Graham had also told her something that she has not forgotten. “You have to carry this forward.” And that is exactly what she says she intends to do.

Ortagus has not been back to Beirut since December. She misses it. Her description of Lebanon is strikingly warm for someone whose career has largely revolved around one of the country’s most difficult security problems. “It’s a beautiful place,” she says. “It’s a historic place.”

She talks about the food, the hospitality, the nightlife, and the resilience of the Lebanese people. “They’ve been dealt a terrible hand with all of these wars and economic catastrophes,” she says. “Yet everybody in Lebanon keeps a smile on their face.”

She hopes that one day Israelis and Lebanese will be able to visit one another openly, without fear, and without the shadow of Hezbollah or Iran hanging over every interaction. She does not want that moment to belong to the next generation. Her hope is that it happens now. “I don’t think this is a conversation we’re going to have in 20 years,” she says.■

This post was originally published on here. 

US President Donald Trump told Axios on Thursday that he faces a “big decision” on whether to significantly escalate military action against Iran.

“I have a big decision coming up,” he said. “Do I want to go in and annihilate them, or do I not? It’s a big decision. Anything could happen with me.”

Trump also discussed his upcoming meeting with the leaders of Saudi Arabia, the UAE, Qatar, Bahrain, Kuwait and Oman on Tuesday, saying he wants to “find out where they are and how they are doing.”

“We have been very protective of them,” said Trump.

US President Donald Trump attends a GCC summit photo session in Riyadh, alongside Qatari, Saudi, and  Bahraini leaders, May 2025. (credit: BRIAN SNYDER/REUTERS)

Trump: ‘Not one ship’ has reached Iran since start of US blockade

He further told Axios that “not one ship” has reached Iran since the start of the US naval blockade in the Strait of Hormuz, noting that the US is in direct contact with the regime, which he claimed still wants to make a deal.

Regarding Prime Minister Benjamin Netanyahu’s upcoming visit to New York, Trump told Axios that he “may” meet with the Likud leader.

This post was originally published on here. 

A core delegation of Iranian regime officials will be allowed to enter the US to attend the United Nations General Assembly (UNGA) summit in New York this month, a US State Department spokesperson said on Thursday.

According to the spokesperson, the Iranian officials will face travel restrictions and will be barred from purchasing luxury goods during their visit to the US.

This year’s delegation is expected to be smaller than last year’s delegation, which was headed by Iranian President Masoud Pezeshkian and faced similar shopping and travel restrictions.

US bars Palestinian officials from attending UNGA summit

On Wednesday, the US announced that it would extend sanctions that bar Palestinian Authority officials and Palestine Liberation Organization (PLO) members, including PA President Mahmoud Abbas, from obtaining visas necessary to attend the UNGA’s annual summit.

The State Department stated that the visa ban is intended to serve as a consequence for the PA and PLO’s “ongoing activities that undermine the prospects for peace” and glorification of terrorism.

Palestinian Authority President Mahmoud Abbas attends a meeting with Russian President at the Kremlin in Moscow on January 22, 2026. (credit: Ramil Sitdikov / POOL / AFP via Getty Images)

Abbas was also denied a visa ahead of last year’s meeting, where he addressed the UN through video rather than making an in-person speech.

The UNGA voted on Thursday to allow Abbas to address the annual gathering of world leaders next week via video once again.

The resolution received 152 votes in favor and three votes against, while four countries abstained. It also allows Abbas and any other high-level Palestinian officials to take part in UN meetings or conferences via video over the next year if they are prevented from traveling to the US.

The US said last year that Abbas and about 80 other Palestinians would be affected by its decision to deny and revoke visas from members of the umbrella Palestine Liberation Organization and the West Bank-based Palestinian Authority. Washington announced on Wednesday that it had extended the visa bans.

“If the PA wants to be treated as a partner, it must stop subsidizing terror and stop using diplomatic theater as a substitute for serious governance,” Deputy US Ambassador to the United Nations Tammy Bruce told the assembly before the vote.

Palestinian leaders rejected and condemned the move by the United States, Palestinian UN envoy Riyad Mansour told the General Assembly.

Reuters and Idan Kweller contributed to this report.

This post was originally published on here. 

At least two General Atomics MQ-1 US military drones were shot down by Iranian fire in recent days, two anonymous US officials familiar with the matter told CBS News on Thursday.

The officials noted that it is not yet clear where the drones were shot down, nor is it confirmed which MQ-1 variants were involved.

The report emphasized that the variant matters because it would determine US monetary losses: the older Predator variant is worth about $4 million, while the newer Gray Eagle is worth tens of millions of dollars each.

Citing a report from the Congressional Budget Office, CBS reported that the US military has lost about $720 million since the start of Operation Epic Fury through the downing of at least 24 MQ-9 Reaper drones, plus an additional $150 million from the loss of an MQ-4C Triton.

CBS reached out to US Central Command (CENTCOM), which declined to comment.

A US military MQ-9 Reaper drone approaches for landing at Rafael Hernandez Airport in Aguadilla, Puerto Rico, on December 29, 2025; Illustrative. (credit: Miguel J. Rodriguez Carrillo / AFP via Getty Images)

Iran claims air defenses shot down MQ-1 drone over Strait of Hormuz

The report follows claims by regime state broadcaster Islamic Republic of Iran Broadcasting (IRIB) on Tuesday that Iran shot down an MQ-1 drone over the Strait of Hormuz.

Earlier on Tuesday, Qatari-owned Al Jazeera reported that Iran’s Islamic Revolutionary Guards Corps (IRGC) had downed a similar drone over the international waterway.

Miriam Sela-Eitam contributed to this report.

This post was originally published on here. 

WASHINGTON — Health secretary Robert F. Kennedy Jr. on Thursday named eight new members to the U.S. Preventive Services Task Force, an influential panel of experts who assess the evidence behind a wide array of preventive medical services. 

Five of them are medical specialists in fields such as gastroenterology and oncology. That’s a major departure from the past, when the panel was made up of generalist clinicians. Another is a finance professor who has expertise in health insurance.

Read the rest…

This post was originally published here. 

California High-Speed Rail Authority officials rubber-stamped hundreds of thousands of dollars in travel charges incurred by outside consultants, according to a new report from the state’s inspector general.

The lavish spending revelations come as the $126 billion project has become a national symbol of government waste. Sixteen years after voters approved the initiative, not a single mile of track has carried a commercial passenger, and a recent assessment warned the project’s funds could dry up entirely by the end of 2027.

The audit, released Tuesday by the California Office of the Inspector General (OIG), revealed that taxpayers footed the bill for private aircraft travel, tiki bar visits, cigar lounges, luxury rideshares and international trips over a two-year period.

“In total, the Authority paid more than $2 million in travel-related costs for consultants at the four consulting firms in fiscal years 2024-25 and 2025-26,” the OIG said.

The investigation reviewed travel reimbursements billed by four outside consulting firms over the two-year period. It found that roughly 60%, or $680,500, of the payments it reviewed had not received advanced authorization. Additionally, $543,400 in travel expense payments were found to be “not allowable.” In some instances, agency staff didn’t even know the trips had taken place until the invoices arrived, frequently approving them with vague justifications like a “typical M-F week.”

The audit uncovered a lack of oversight, noting the agency’s behavior is “inconsistent with the Authority’s role as the steward of public resources.”

TRUMP CALLS CANADA’S POTENTIAL EU ASSOCIATE MEMBERSHIP ‘LAUGHABLE,’ WARNS EUROPE OF ‘VERY HEAVY TARIFFS’

Instead of standard business travel, the audit flagged an array of unauthorized luxury expenditures billed to “questionable locations” without prior approval. Financial consulting giant KPMG LLP was specifically identified by the OIG as the firm that billed the authority for rides to a nightclub, a tiki bar and a Washington, D.C., cigar lounge. Taxpayers were also on the hook for an outing to an escape room, a trip to a Denver sushi restaurant and a 25-mile “Uber Comfort” ride to a steakhouse in Folsom, California.

KPMG declined to comment.

The audit of the reimbursements extended to daily routines and premium transit. The agency repeatedly reimbursed ride-hailing trips to Planet Fitness gyms in and around Sacramento, continuing the practice even after a supervisor explicitly put in writing that the state does not cover rideshares to gyms.

One consultant billed taxpayers $40 for a luxury “Uber Black” ride to travel less than a single mile in downtown Sacramento.

When it came to air travel, one consultant bypassed commercial airlines entirely, flying a private aircraft from Washington, D.C., to California. The consultant self-calculated that a “premium” commercial rate would have cost $4,182 each way, and the agency paid it without question.

The billing didn’t stop there. One legal consultant billed $40,800 in travel reimbursements, plus $86,500 just for “travel time,” making 30 trips between Denver and Sacramento in a single year. Furthermore, the agency paid out $118,000 in international travel expenses, despite the consultants’ contracts explicitly barring international trips.

A spokesperson for the California High-Speed Rail Authority said the agency “takes these findings seriously” and has pledged to work collaboratively with the inspector general’s office to rectify the oversight failures.

FOX Business reached out to Nossaman LLP, the AECOM-Fluor Joint Venture and the SYSTRA/TYPSA Joint Venture for comment.

California voters first approved the bullet train initiative in 2008. They were promised a $33 billion state-of-the-art railway that would whisk passengers between Los Angeles and San Francisco by 2020. Following a reassessment this year, the total estimated cost of the project has ballooned to at least $126 billion — nearly quadruple the original price tag. The estimated completion date has also been pushed back decades, with optimistic projections now targeting 2039.

CLICK HERE TO GET FOX BUSINESS ON THE GO

“More than $600,000 in consultant travel expenses were flagged as questionable, while California families are struggling with the high cost of living and deserve answers and accountability,” the chair of the state Senate Transportation Committee, Tony Strickland, R-Huntington Beach, said in response to the findings. “Consultants should expect that when they make an executive decision to travel without authorization, that they’re taking on the expense themselves.”

This post was originally published here. 

While Paramount has yet to announce its official departure from Hollywood, Los Angeles officials are on high alert after Los Angeles Mayor Karen Bass and Attorney General Rob Bonta were told an exit announcement was imminent.

While TMZ reported that the statement was expected Tuesday, no announcement has been made. Meanwhile, Paramount Skydance officials have been spotted in Nashville scouting commercial properties as the studio considers moving some of its operations there, according to insiders with knowledge of the search in a new report.

The studio has already looked at more than 400,000 square feet of potential space in Music City, according to a report by Politico. Other possible relocation options on the table include Texas and Georgia.

Paramount declined to comment on the reports of a possible move when contacted by Fox News Digital.

PARAMOUNT’S CALIFORNIA FUTURE IN DOUBT AMID ESCALATING LEGAL FIGHT

“We cannot comment on a company’s plans,” Bonta’s office told Fox News Digital. “It’s no secret that Paramount has been making this threat despite its alleged commitment to California and Hollywood. What Paramount decides to do is Paramount’s choice alone. We’ll continue to apply the law without fear or favor and continue to be open to coming to the table for good faith discussions.”

Bonta told MS NOW Thursday that LA officials are still willing to come to the table and negotiate.

“We’ve heard this threat before, and it’s inconsistent with other things that they have said,” he said. “If they decide to leave, that’s their independent choice. I’m not asking for it. I don’t want it, obviously, and that responsibility will lay at their feet.”

CNN STAFFERS SEE PARAMOUNT MERGER AS ‘INEVITABLE’ DESPITE LEGAL BATTLE DELAYING ELLISON TAKEOVER

Bonta was also asked about the possible move Thursday at The Atlantic Festival in New York.

“We will do our job,” he said. “We have a job to enforce the law without fear and without favor, and, at the same time, we are always open to come to the table if it is in good faith and it is sincere. And we will always explore an opportunity to get the results that we want with our evaluation of the case at the table.”

CNN STAFFERS BRACE FOR PARAMOUNT CEO’S POTENTIAL PLAN TO LAUNCH EDITORIAL BOARD TO OVERSEE NETWORK

In July, Bonta, and 11 other state attorneys general, filed an antitrust lawsuit against Paramount in an attempt to block the proposed Warner Bros. Discovery acquisition. They claimed the merger would eliminate competition in film distribution and basic cable while negatively affecting industry workers and consumers.

For his part, Paramount CEO David Ellison then threatened to move the iconic studio out of the Golden State if Bonta did not back off and a settlement was not reached by Oct. 1.

CLICK HERE TO GET FOX BUSINESS ON THE GO

Now, it appears increasingly unlikely that a deal can be reached.

Fox News Digital’s Brian Flood and Joseph Wulfsohn contributed to this report.

This post was originally published here. 

On Monday the President posted that the only guardrail artificial intelligence needs is “a STRONG AND SMART (High IQ!) PRESIDENT.” The reflex in Washington and in the labs is to treat this as an obstacle. It is better understood as a warning. Since the Supreme Court decided Trump v. Slaughter in June, every federal agency save the Federal Reserve answers to the White House. An AI regulator would be no exception. Bernie Sanders wants a pause until a new cabinet agency is in place. John Thune wants an office with the power to block a model’s release, an implementer wearing an oversight badge. Treasury wants a FINRA for AI that reports to a Treasury official. Each proposal ends with a federal official that works for the President, and whom the President can fire at will. 

The labs know this. That is why Dario Amodei, Sam Altman and Elon Musk have each said, in their own registers, that they want rules and fear the regulator. They have a better option than they realize, and it is sitting in their own filing cabinets.

Every position in this debate assumes that governance begins when government acts. The record says the opposite. Before releasing AlphaFold, DeepMind consulted more than thirty outside experts in biology, biosecurity, bioethics and human rights, and their advice shaped the release. Every major lab now publishes a safety framework naming the capabilities that would stop a launch, and since January, California requires the largest of them to publish that framework and to report serious incidents within 15 days.

Every model ships with a system card, the equivalent of a drug’s package insert, listing what it cannot do and where it fails. Outsiders now test before release. Britain’s AI Security Institute received OpenAI’s GPT-5.5 ahead of launch, found a universal jailbreak and published the result. METR, an independent evaluator, was given a month this spring with unreleased models at four labs at once. In April, Anthropic concluded that its most capable model was too dangerous for general release, confined it to a small group of defensive cybersecurity partners, and widened access only in July after the federal government signed off. Microsoft built a full internal government. A committee of senior executives writes its Responsible AI Standard. An Office of Responsible AI enforces it through champions embedded in every engineering team. Its Sensitive Uses review has handled more than 1,900 cases since 2019, 450 of them in the past year, reasons from precedent, escalates to the chief executive, and once refused to put real-time facial recognition on police body cameras. A board committee oversees all of it.

I documented these structures in a book on how companies govern themselves before the law arrives. The striking finding was what governments did next. The European Union’s AI Act did not invent a regime. It copied the one the firms had built, with its rulemaking, its executive review and its monitoring, almost intact. In AI, regulation follows from governance, not the other way around.

What the companies cannot build is the one thing that makes any of this credible to an outsider. Nobody independent checks that the process happened. We have already run the experiment of trusting structure instead. OpenAI’s nonprofit board was designed as the check on its chief executive, and it dissolved on contact with him. Charters and mission statements do not implement themselves. What binds is a procedure that someone outside inspects. California registered the inspectors last week. But what are they inspecting against? The missing piece is a written standard that sets requirements frontier labs must satisfy, plus a corps of auditors who verify that each lab did what the standard says. Accounting solved this exact problem fifty years ago, and I have spent much of my career studying how.

Accounting standards were not written by a government. In 1973, the profession’s own bodies set up the International Accounting Standards Committee in London, and for a quarter century it was a club. Then the SEC refused to recognize its rules unless the club changed. In 2001, the standard-setting board was severed from the industry that paid for it. Its members became full-time, gave up their firm affiliations and drew salaries from a foundation they did not control. In 2009, a monitoring board of securities regulators, the SEC and the European Commission among them, took a veto over who sits on the board and nothing else. Today more than 140 jurisdictions require those standards. The United States never adopted them and never had to. Its own board, FASB, is the same design under a different flag, and American law recognizes it precisely because it is private.

Here is what should interest this White House. Whatever a federal AI agency certifies will not be believed in Brussels, Tokyo, Delhi or Riyadh, because everyone now knows who controls it. A board with no national owner can be adopted by other governments without embarrassment. That is the entire prize for American firms. A rule that a foreign regulator trusts is the passport an American model needs to be sold there. It exports American practice without a treaty, without an agency, and without a single federal dollar spent. The President keeps a seat on the monitoring board and keeps the power to say no. 

The labs have been meeting since July. The White House AI Adviser, David Sacks, has already warned them to “stop pretending antitrust law has to be suspended so you can form a cartel.” The labs have coordinated on practice for years, through the Frontier Model Forum and shared red-teaming norms, and the result was safer models, not higher prices. What separates a cartel from a standard-setter is not the intentions of the people in the room, but the standard-setting process itself. The people who write the standard must be full-time and without any financial ties to the industry they regulate. The money must sit in a foundation the companies fund but do not direct. The governments that adopt the standard must hold a veto over appointments and nothing more. And compliance must be verified by registered auditors, not by the companies grading themselves. 

That is the difference between an industry protecting itself and an industry making itself accountable. The labs know better than any regulator when a model is ready, and they have built the processes to make that call. What they must now do is hand that call to someone they cannot overrule. An agency cannot play that role. A standards board can, and it would give American companies a rule the rest of the world is willing to trust. 

The opinions expressed in Fortune.com commentary pieces are solely the views of their authors and do not necessarily reflect the opinions and beliefs of Fortune.

This story was originally featured on Fortune.com

This post was originally published here. 

Cancer is the leading cause of death among Americans ages 45 to 64. Two major reasons why are that we find most cancers too late and our cancer-screening system remains remarkably narrow.

Start with the status quo, which nobody should defend. Routine screening exists for only a handful of cancers. Together, recommended screening programs catch only about one in seven cancers diagnosed in the United States. Nearly 70% of cancer deaths come from cancers for which there is no recommended screening test at all.

Pancreatic, ovarian, liver, stomach, esophageal and blood cancers often reveal themselves only after symptoms appear, when the disease has progressed and treatment options have narrowed.

New multi-cancer early detection, or MCED, tests are designed to help close that gap. Rather than looking for a single cancer in a single organ, they analyze signals in the bloodstream associated with many different cancers. They examine the whole person.

The Food and Drug Administration will soon make an important decision around how it evaluates this technology as it considers Galleri, an MCED blood test developed by GRAIL. The agency should give a careful, clear-eyed, pragmatic look at the evidence. 

These tests are new. They will miss some cancers. Some positive results will lead to scans, biopsies and other procedures that ultimately prove unnecessary. And MCED tests should supplement, not replace, established screening.

But regulators should also judge them against the real-world alternative.

Today, a patient can do everything right, can follow every recommended screening guideline and still have no routine way to detect many deadly cancers. The relevant policy choice is not between a perfect test and an imperfect one. It is between the information a new test can provide and the information patients have without it.

In a recent large study, Galleri produced a false-positive rate of roughly 0.4% — dramatically lower than any established single-cancer screen. Its positive predictive value was about 60%, meaning most positive results reflected actual cancer. The test can also help identify where in the body a cancer signal originated, allowing physicians to pursue a more focused diagnostic workup rather than a full-body fishing expedition.

But some critics want the FDA to demand something much more before such tests become broadly available: proof that screening ultimately reduces cancer mortality.

That may sound like an appropriately high scientific bar. But it applies the wrong standard to a diagnostic tool.

A treatment should be judged by whether it improves patients’ health. A diagnostic test has a different function: producing accurate information that doctors and patients can use to make better decisions. Whether that information ultimately extends a patient’s life also depends on the type of cancer, when it is detected, available treatments and the decisions made after diagnosis.

We do not judge a thermometer by whether it cures a fever. We judge it by whether it accurately measures temperature and helps guide what happens next. Cancer screening should be evaluated with the same basic logic.

Economists have long recognized that better information has value precisely because it changes behavior. Learning that a dangerous cancer is present before symptoms appear can change when treatment begins and what options remain available. Requiring the test itself to demonstrate a reduction in mortality effectively assigns little value to that information until the entire chain of subsequent medical decisions and outcomes has been proven. Notably, existing single-cancer screens did not uniformly face such a standard before adoption.

Holding new technology to a bar that existing technology never cleared would be bad science, leading to inertia that is extremely harmful to cancer patients. 

That means thinking differently about how MCED tests are measured. 

Traditional single-cancer screening emphasizes sensitivity — the probability that a test identifies a particular cancer when it is present. That makes sense when a test is designed to find one disease.

An MCED test has a different purpose. It searches across many cancers simultaneously. One important measure is therefore its overall yield: how many cancers in a screened population are found through screening rather than after symptoms emerge.

A test that materially raises the share of cancers caught by screening rather than by symptoms – while keeping harms low in an otherwise healthy population – is doing its job, whatever its performance on any single tumor type.

The questions worth asking are answerable with the evidence in hand. Does the test find cancer early? Does it catch disease before symptoms appear, and does it increase detection in stages I-III, when curative intent is still possible? Does it detect aggressive, fast-moving cancers with no screening options today? Is it safe to deploy?

There are economic consequences to consider as well. American medicine spends enormous sums treating advanced disease after it has already inflicted substantial damage. Finding cancer earlier may allow treatment when disease is more manageable, avoiding some costly hospitalizations and complications associated with later-stage illness.

Congress has already cleared the way for Medicare to cover FDA-approved MCED tests beginning in 2029. What remains is the FDA decision allowing doctors and patients to do what’s best with the better information at hand.

American medicine has spent decades perfecting a break-it-and-fix-it model: wait for disease to declare itself, then spend heavily to fight it on worse terms. Prevention, prediction and early detection offer a better path.

Earlier knowledge will not cure cancer. But it can give doctors and patients a chance to act before cancer gets the first move.

Mr. Philipson is an economist at the University of Chicago and a senior fellow at Unleash Prosperity. He served as a member and acting chairman of the White House’s Council of Economic Advisers, 2017-20.

The opinions expressed in Fortune.com commentary pieces are solely the views of their authors and do not necessarily reflect the opinions and beliefs of Fortune.

This story was originally featured on Fortune.com

This post was originally published here. 

On Tuesday, the Senate failed to secure the 60 votes required to pass a procedural motion advancing the Digital Asset Market Clarity Act. Coming on the heels of a 294-134 House victory and years of bipartisan collaboration, watching this landmark piece of legislation stall on a procedural vote is deeply frustrating to many of us in the industry.

As a founder who has spent years championing this framework, it is natural to view Tuesday’s result as a significant setback. But even amid this disappointment, there is a silver lining for the digital asset ecosystem: we already won.

The debate over the Clarity Act is not the first time a battle has been fought over a conflict that has already been resolved. On January 8, 1815, American troops routed the British at the Battle of New Orleans, the last major confrontation of the War of 1812. More than 2,000 British soldiers were killed, wounded, or captured, compared to only a few dozen Americans. Unbeknownst to the combatants, negotiators had signed a peace treaty in Europe two weeks earlier. The news was still crossing the Atlantic.

Those soldiers fought a battle over a dispute that had already been settled elsewhere.

The congressional debate over digital assets has a similar quality. It was not decided by attacking the financial establishment, but by hundreds of millions of ordinary people in the United States, Mexico, Vietnam, Nigeria, Brazil, Turkey and across the globe. They compared what the traditional system offered with a better alternative and voted with their own money.

A construction worker in Texas sending wages home can pay an intermediary a steep fee and wait days, or send a stablecoin that arrives in seconds for a fraction of a cent. A shopkeeper in Turkey watching her currency depreciate can hold digital dollars on her phone. A young software engineer in Vietnam can remain shut out of dollar markets by geographic restrictions, or open a digital wallet and connect to the global economy. None of them is making an ideological statement. They were making an arithmetic one.

That is why the institutional stampede of the past eighteen months was inevitable. JPMorgan’s deposit token runs on a public blockchain. Citi moves tokenized dollars around the clock. In June, the four largest U.S. banks confirmed a shared tokenized deposit network, a defense against stablecoins that inherently acknowledges the strength of the competition. Visa and Mastercard settle transactions in stablecoins. Morgan Stanley opened crypto trading to E*Trade customers.

Capital runs both ways. Intercontinental Exchange took a stake in OKX. In July, Citadel Securities invested $400 million in my company at a $20 billion valuation, our first institutional fundraising round in ten years. One of the world’s most sophisticated market makers concluded that the infrastructure worth owning is being built on these rails.

This is not a collection of pilot programs. It is the plumbing of American finance being rebuilt by firms with zero ideological attachment to crypto.

They came because the comparison is not even close. Stablecoin transfers totaled roughly $33 trillion last year, up 72%. A blockchain dollar moves in seconds, at negligible cost, at 3 a.m. on a Sunday. The same dollar moving through correspondent banks crosses several intermediaries, takes days, and stops for weekends.

But the deeper reason is fairness. The traditional system reserves its best terms, including the fastest settlement, tightest spreads, and exclusive deals, for those who already have wealth. It hides costs in exchange-rate markups and spreads, and its books become public only four times a year, after the fact. In 2008, the world learned what sat on many institution’s balance sheets at roughly the same time their executives did.

A public blockchain inverts those defaults. The ledger is open and identical for everyone. Reserves can be verified in real time. The fee is visible before a user presses send. The protocol doesn’t know whether a wallet belongs to a hedge fund manager or a domestic worker, settling both in the same block. That is a feature of the architecture, and one incumbents cannot easily copy without surrendering the asymmetry that enriches them.

None of this excuses crypto’s growing pains. Real people lost real money to fraud and excessive leverage. But many of the industry’s most damaging failures occurred at centralized companies operating with the old system’s opacity, where customer funds were commingled on spreadsheets no outsider could audit. Companies like mine should be held to bank-grade standards for custody, capital, and disclosure.

What changed in Washington is not simply a partisan victory. The president deserves credit for reversing the government’s prior hostility. So do the Democrats who crossed party lines on the GENIUS Act, the House vote on the CLARITY Act, and the Senate Banking Committee’s market-structure legislation.

The remaining disputes are important: they include ethics rules for public officials who profit from digital assets, illicit-finance safeguards, stablecoin yield, and protections for software developers. Clear ethics rules fit naturally within a market premised on publicly verifiable ledgers. But these are now arguments among legislators who overwhelmingly accept the technology’s role in the financial system and merely disagree on the fine print. That consensus did not disappear with Tuesday’s vote.

Nor are the agencies powerless without new legislation. In March, the SEC and CFTC issued joint guidance classifying digital assets into five distinct categories. Regulators are also implementing the GENIUS Act’s stablecoin provisions. Between them, these commissions can establish meaningful standards for disclosure, custody, and customer assets segregation while keeping this critical activity onshore.

Still, a federal statute is far preferable. Agency guidance can be reversed by future administrations, whereas legislation ensures. Since the Senate failed to find 60 votes this time, the next Congress must finish the job. But no one should mistake a procedural failure for a final verdict on digital assets.

The Battle of New Orleans did not determine how the War of 1812 ended, but it shaped American politics for a generation anyway. Tuesday’s vote is similar. It was not about whether digital assets belong in the U.S. financial system; ordinary people made that choice years ago, and the banking sector followed. It was about whether the United States writes the rules for a system its citizens increasingly rely on, or abdicates that role to foreign jurisdictions that resolved these questions while Washington debated procedure.

America has been the world’s financial capital for more than a century. It will preserve that leadership by embracing the next generation of financial architecture. Not defending the old one.

Mr. Marszalek is a founder and chief executive of Crypto.com, OG.com, and Ai.com

The opinions expressed in Fortune.com commentary pieces are solely the views of their authors and do not necessarily reflect the opinions and beliefs of Fortune.

This story was originally featured on Fortune.com

This post was originally published here. 

Saudi Arabia’s East-West pipeline was closed this week after serving as one of the largest buffers against this year’s historic Strait of Hormuz energy shock. Together with the UAE’s bypass pipeline, the two routes carried approximately 5 million additional barrels a day around the Strait in the second quarter, compared to their fourth quarter 2025 volumes, according to our latest research.

Its temporary shutdown puts a fresh spotlight on the broader set of shock absorbers that have helped the global energy system adapt. No single measure has absorbed a disruption that put roughly one-fifth of global oil supplies at risk. Instead, layers of resilience built over decades kicked in together. 

Alongside pipelines, governments and companies also drew on inventories, while producers—including the United States—increased exports. Overall oil consumption did fall, but flexibility helped manage some of the economic impact. Refiners changed crude inputs and their production mix, industrial companies switched feedstocks, and consumers changed behavior. More than one in five barrels of seaborne oil traded in the second quarter of 2026 moved differently than before the disruption. 

Taken together, the experience brings several features of resilience into focus. It is layered: different measures work alongside and compensate for one another. It is dynamic: options available early in a disruption may become constrained or themselves disrupted, increasing the value of both alternatives and the ability to adapt. And its economics evolve under stress: spare capacity or alternative routes that appear underutilized in normal times can become vital when continuity is threatened.

For companies, these lessons matter well beyond Hormuz. In our new report, we find two-thirds of energy trade passes through maritime chokepoints, one-third occurs between partners who are not geopolitically aligned, and 95% of people live in regions importing at least one major fuel. 

The implications extend well beyond the energy sector. Energy is embedded in production, feedstocks, transportation, and supply chains. Therefore, an energy disruption can quickly become a business-continuity issue for manufacturers, retailers, technology companies, and others. Few companies can insulate themselves completely.

What does this mean for management teams?

Identify the dependencies that could interrupt the business. Companies should look beyond direct energy purchases to understand dependencies across fuels and feedstocks, suppliers, operations, infrastructure, and trade routes—and identify where a disruption could materially impair operations. 

For companies, dependencies can be particularly complex because they operate across jurisdictions and sectors. Dependencies can also be counterintuitive: even a factory in a major energy exporter may rely on imports of a specific fuel or feedstock. 

The goal is to distinguish dependencies the business can tolerate from those that could become critical vulnerabilities.

The highest-priority vulnerabilities can then be stress-tested and responses formulated accordingly. Scenario planning, decision triggers, and accountabilities can help companies act quickly when disruption comes.

Build a portfolio of options—and the flexibility to use them. The Strait of Hormuz disruption shows the importance of having multiple buffers. Depending on the exposure, companies may need some combination of alternative fuels and feedstocks, diversified suppliers and routes, inventories, efficiency and electrification, or new and captive supply. The right portfolio depends on the context, time horizon, and trade-offs involved. 

But the recent disruption in the Strait of Hormuz also shows why having options is not enough. As a disruption evolves, some may become constrained or unavailable. Flexibility—the capacity to make changes easily and at manageable cost—can therefore enhance resilience.

Input flexibility can allow equipment to switch fuels or feedstocks. Reliance, an Indian conglomerate, runs a refining complex that can process over 200 crude grades, for instance. Manufacturing flexibility can shift production between sites. Logistics flexibility can provide access to alternative ports, carriers, storage, and suppliers. During Europe’s 2022 gas shock, Yara, a chemicals company, reduced ammonia production in Europe while supplying fertilizer plants with ammonia produced elsewhere. 

Commercial flexibility matters too. Physical alternatives are of little use if contracts prevent them from being exercised. Destination-free LNG contracts, for example, give buyers greater ability to redirect or resell cargoes during a shock. 

Value resilience explicitly in investment decisions. Capacity that looks redundant, or flexibility that carries a cost, can acquire substantial value when disruption threatens operations. The business case should therefore reflect the value of resilience not just in normal conditions, but under stress.

Energy efficiency, for example, can reduce operating costs in normal times, while lowering exposure to price spikes during disruptions. Moreover, every unit of energy a company does not use is one less that other security measures need to cover.

Resilience can also help companies perform through disruption. BASF, a chemicals producer, had been disrupted by the 2022 gas shock. Yet it increased volumes by 7% year-over-year in the second quarter of 2026 amid Middle East supply disruptions, highlighting its diversified production, flexible facilities that could take in multiple inputs, and trading operations that could quickly secure new supplies.

And resilience can create growth opportunities as companies help others manage their energy security. Those opportunities will vary by market: grid-equipment manufacturers may benefit where electrification is accelerating; energy traders where flows and suppliers are being rewired; and other businesses in storage, efficiency, and demand flexibility.


The objective for companies is not to predict every disruption or eliminate every dependency. It is to identify the dependencies that matter and preserve the options and flexibility to operate when conditions change.

The opinions expressed in Fortune.com commentary pieces are solely the views of their authors and do not necessarily reflect the opinions and beliefs of Fortune.

This story was originally featured on Fortune.com

This post was originally published here. 

This resort-like estate at 300 Sturges Ridge Road in Fairfield County, Connecticut, is the embodiment of a certain kind of modern dream life. Asking $4,695,000, the home on 2.6 acres leaves nothing to chance, though it’s surrounded by nature. Currently owned by creative director and makeup artist Jay Manuel, known for his role as a judge on “America’s Next Top Model,” the property is the architectural version of a runway for modern living.

The home first hit the market in May for just under $5 million, as the Wall Street Journal reported. In an Instagram post sharing the listing, Manuel said the home had “become part of” his identity.

“Over the years, this private space became a creative refuge, a place to disappear into ideas, host family and friends, reset, and honestly… just breathe,” Manuel wrote. “Every corner holds a memory, and seeing it through images somehow made me realize how much life has happened here.”

This completely private retreat is a showcase of sophisticated design inside and out. From the outside, a vaguely Brutalist blueprint informs California-style design.

Within, walls of glass and high ceilings create a feeling of open space and endless light. Best-in-class technology includes passive solar principles, advanced HVAC, a generator and whole-property connectivity.

A sleek Poliform kitchen uses warm wood and clean tile to wrap a functional gathering space. Integrated appliances save space, and a massive prep island is lit by a custom vent panel. An event-sized dining room is adjacent to the kitchen.

The home’s primary suite is a sanctuary unto itself, opening onto a balcony overlooking the grounds. Serving the bedroom is a massive primary bath with a free-standing soaking tub and a built-in TV.

A dazzling mosaic-tiled wine cellar and a window-wrapped rec room add to the resort vibe. A large skylit gym is ready for wellness and inspiration.

On the grounds, a heated saltwater pool and spa are set into manicured landscaping. Surrounding the home are several terraces, an outdoor kitchen, a fire pit and a Zen garden. When you’ve had enough relaxation, this indulgent retreat is a short distance from Manhattan.

[Listing details: 300 Sturges Ridge Road by Jennifer Leahy of Compass]

RELATED: 

The post Jay Manuel’s $4.7M Connecticut estate is like a modern spa retreat first appeared on 6sqft.

This post was originally published here. 

A Waymo vehicle struggled to navigate a flooded street in Phoenix this month, becoming stuck for more than 10 minutes in an “AI loop,” according to witnesses.

The car was filmed as it hesitantly moved back and forth, at one point almost backing into another car.

WAYMO GETS REGULATORY APPROVAL TO SCALE UP ROBOTAXI SERVICE ACROSS CALIFORNIA, ENTER 2 NEW MARKETS

“There were actually two Waymos holding up traffic,” said Roger Pelkey, who captured the incident on video. “The one further up finally made it through. This one was stuck in an AI loop and frustrating drivers.”

The video shows the vehicle continually moving slightly forward before backing up, as other vehicles with human drivers went around.

WAYMO RECALLS NEARLY 4,000 ROBOTAXIS AFTER CARS ENTER FREEWAY WORK ZONES

In May, Waymo suspended its driverless taxi operations across multiple cities — including Atlanta, San Antonio, Austin, Houston and Dallas — due to repeated incidents involving floodwaters.

The vehicles encountered severe weather and drove into submerged streets, with some becoming stranded or stuck in floodwaters.

Earlier this month, the company brought its driverless robotaxi service to Denver, San Diego and Tampa, expanding its fully autonomous ride-hailing service to 14 cities.

CLICK HERE TO GET FOX BUSINESS ON THE GO

FOX Business has reached out to Waymo for comment.

This post was originally published here. 

Nike’s turnaround has proved harder than expected. The sportswear giant has fallen far enough to lose its place among America’s 100 biggest blue-chip companies last week, having lost $200 billion in market cap since its 2021 peak. 

It’s now bringing a scion of the world’s biggest luxury conglomerate into the boardroom to help it regain its edge.

Alexandre Arnault, the 34-year-old son of LVMH CEO Bernard Arnault, announced Wednesday he’s joining Nike’s board of directors, writing he’s “been a fan of Nike” for its sports, performance, creativity and innovation. He currently helps run LVMH’s wines and spirits segment. 

“As a lifelong sports enthusiast and runner, these values resonate deeply with me,” he wrote on LinkedIn. “Nike has been part of countless kilometres, races and personal goals over the years, which makes the opportunity to contribute to its next chapter especially meaningful.”

Nike executives pointed to Arnault’s experience helping heritage companies like German luggage-maker Rimowa and Tiffany feel current as the reason behind his role. As Rimowa’s CEO, Arnault reworked its stores and leaned into buzzy collaborations with Supreme and Off-White. He later moved to overseeing products and communication at Tiffany, where he helped bring the 19th-century jeweler deeper into pop culture through a streetwear collaboration with Nike and marketing campaigns like “About Love”, which featured Beyonce, Jay Z and a Basquiat painting. 

“Alexandre understands how some of the world’s most influential brands stay relevant, deepen consumer connections and drive long-term growth,” Nike CEO Elliott Hill said. “His experience across innovation, digital transformation and brand building will be an asset.” 

Nike is still trying to turn itself around

Nike has spent nearly two years trying to undo the mistakes that helped push it into a slump. It brought 32-year Nike veteran Elliott Hill out of retirement to rebuild relationships with wholesalers and pour resources back into innovating for athletes. 

Its latest numbers show the work that remains. Nike’s fourth quarter revenue fell 1% to $11 billion, while Nike Direct—the part of the business Nike’s previous CEO said was the company’s future—fell 7%. Digital sales dropped 12%, and sales at Nike-owned stores fell 7%. Despite seeing some North American growth, sales in China declined for eight straight quarters as its homegrown rivals Anta and Li-Ning are taking over.  

The harder problem may be getting consumers excited about Nike again. For decades, the company could turn products made for elite athletes into things millions of people wanted to buy and wear. Its footwear competitors Hoka, On, and New Balance have grabbed attention for running and lifestyle shoes, while Nike has struggled to produce another breakout product with cultural pull. Bringing on Arnault might help. 

“Given Nike’s problems, it needs all the help it can get at this point,” David Swartz, a senior equity analyst for Morningstar, told Fortune. “My presumption is that Nike will only make a move like this if it has some tangible benefit. It’s not like Nike needed more board members.”

LVMH is trying to restore its own momentum

Arnault is joining Nike while his family’s luxury empire is working through a slowdown of its own. 

LVMH’s latest financial disclosures were mixed. Fashion & Leather Goods, its largest segment and home to Louis Vuitton and Dior, reported a 1% organic revenue decline year-over-year and a 7% drop in year-over-year profit. Analysts like JPMorgan’s Chiara Battistini have flagged the question of whether leather goods are just showing signs of fatigue after years of booming demand and aggressive price increases.

Alexandre’s corner of the business fared better. Wines & Spirits, the smallest of LVMH’s five core segments and the one he helps run, grew 5% organically in the first half, a result Battistini called “a nice surprise” compared with the bank’s forecast.

Questions still linger over who will eventually succeed his 77-year-old father at the helm of LVMH. Alexandre is one of five Arnault children who are managing different parts of the empire and is one of the four sitting on LVMH’s board. Bernard Arnault has rejected the report from Le Monde that his children are fighting over succession. The family holds 50.2% of LVMH’s shares and 66.4% of its voting rights.

“From Arnault’s perspective, getting experience on Nike’s board could help with his future at LVMH,” Swartz said. 

This story was originally featured on Fortune.com

This post was originally published here. 

A New Jersey data center has leaked thousands of gallons of diesel fuel, and it’s the latest example of Americans’ fears about the environmental threats of the AI buildout materializing.

Secaucus, New Jersey, officials are cleaning up a 5,000-gallon oil spill from an Equinix data center storage tank that began leaking last week, the New Jersey Department of Environmental Protection said in a statement released on Tuesday. The spill, which is now contained, flowed into an unnamed tributary of the Hackensack River, though it did not reach the river. A cleanup over the weekend removed “a significant portion of the fuel,” but the crew is still recovering fuel from the impacted areas of the creek. As of Monday, the crew cleaned up about 3,500 gallons of the spill.

The department said the spill did not have any observed impacts on local wildlife, and that no drinking water intakes were near the area of the spill.

Secaucus Mayor Michael Gonnelli initially attributed the accident to a “computer glitch” and told local news outlets that the data center, which has been operating since 2001, had never experienced an issue before.

Equinix, which has operated the data center since that time, said in a statement to Fortune that the spill was a result of two broken valves used as part of the routine filtration process, and that the company is finalizing a full incident response report to prevent the recurrence of a similar accident.

“We regret that this occurred and the concern it has caused the community,” the statement said.

Data centers’ PR problem

As data center pushback continues to snowball, so, too, do concerns about the hazards associated with their buildout and operations, with some anxieties actualized in real time. For example, in July, officials in Cheyenne, Wyoming, identified a rare bacterium that had entered its waste water treatment facility that had come from a nearby Meta data center. 

There have been at least 10 data-center diesel spills in the last couple of decades, including two in New Jersey. In 2017, the Garden State saw 600 gallons of fuel from a data center enter the Clifton region’s storm drains. In 2022, an Equinix data center in North Bergen spilled 1,800 gallons of diesel. This latest incident marks the state’s largest data center-related spill—nearly three times more severe than its previous spill.

To be sure, these incidents pale in comparison to the magnitude of oil spills across other industries. There have been more than 4,900 total oil spills in the U.S. since 2010, according to U.S. Department of Transportation data, with 14% coming from diesel, and the vast majority were the result of crude oil spills from transportation, and drilling and extraction. The magnitude of those spills also far exceed those of data center-related spills, exceeding 134 million gallons, and averaging about 300,000 gallons. A 2008 leak at an AT&T plant in Bothell, Washington—the largest data center diesel spill—totalled 15,000 gallons. 

Data centers making up only a small fraction of fuel spills is illustrative of AI becoming the new face of the environmental bogeyman in the eyes of the American public. In 1970, Americans launched the largest environmental movement in history, with 20 million people taking to the streets on the first Earth Day, the anniversary of the Santa Barbara oil spill, which released more than 3 million gallons of crude into the Pacific Ocean. Today, AI is chief among Americans’ environmental worries, with 53% of Americans having concerns about the environmental impacts of AI, according to Associated Press–NORC Center for Public Affairs Research released on Wednesday. That compares to 28% who worry about the environmental risk of air travel, 28% for crypto, and 32% for meat production. To this day, meat production and aviation both have higher rates of carbon emissions compared to data centers.

Diesel supply in particular, however, may have struck chord with Americans, who are now paying a record $6.39 per gallon at the pump for the fuel amid the ongoing Iran war.

Michael Greenstone, director of the University of Chicago’s Energy Policy Institute that collaborated on the survey, attributed some of the growing ire toward data centers, despite other industries producing comparable effect, to the relative newness of AI.

“We’re undertaking a massive experiment in real time, and I don’t think there’ll be any putting the milk back in the bottle,” he told the Associated Press. “Change is scary, and I think some of that is being reflected here.”

Data centers’ diesel problem

Diesel fuel plays a vital role in data center operations, as it is often the energy source of backup generators in case of a power outage, a growing concern amid data centers’ increasing reliance on a fragile grid system. Any halt in data center operations can mean a loss of revenue or a breach of a contract, according to a report from policy organization Better Data Center Project published in March. Unreliable data centers would be offline for about 28 hours a year, and the most reliable are only down for 26 minutes in that same span. Outages can cost companies $1 million per hour and have even been linked to cancelled flights and the rerouting of emergency vehicles to hospitals.

As a result, the buildout of these diesel fuel generators has soared along with the construction of data centers. The Better Data Center Project found that from 2018 to 2024, data center diesel generator capacity tripled from 20 gigawatts to 55 gigawatts. In Virginia alone, the state with the most data centers, more than 10,500 generator units for data centers were permitted by the end of last year, with the total power usage of about 20 million U.S. homes. Virginia has about 3.9 million homes in the entire state.

But because of the intensive cooling necessary for data center operations, their campuses are often located near large bodies of water, which increase the risks of environmental hazards, such as oil spills. Most diesel leaks are small and less than 200 gallons, the Better Data Center Project noted.

The organization recommended that diesel generators installed by data centers meet certain emission standards, as well as a broader movement away from diesel to battery-powered generators, as well as structural improvements to the grid that would mitigate the risk of outages in the first place.

“This field is evolving at a rapid pace and many aspects of data center development remain in flux,” Better Data Center Project said in its March report. “However, the magnitude of diesel generator capacity already permitted and installed means that some communities will experience harm even if generators are used only for testing, maintenance, and rare emergency outages.”

This story was originally featured on Fortune.com

This post was originally published here. 

Without introspection and without self-critique, we, as individuals, as a society, and as a nation, cannot evaluate whether policies and priorities meet their goals, and we cannot know whether they are successful or not.

There is no better time of year than now for these personal, communal, and national acts of introspection and evaluation.

Israel as a nation and Jews worldwide are now confronting a converging series of threats and challenges. Iran, Lebanon, Syria, the West Bank, Gaza, international sanctions, diplomatic isolation, the alarmingly aggressive rise of Jew hatred, physical attacks, and political attacks are fast becoming our new norm. 

The security of Jews – not the future of Judaism, and certainly not the future of the Jewish state – but certainly the security of Jews and Jewish communities is at risk.

The greater danger we face is not external. It is not simply that these challenges exist. The greater danger is that we have begun to meet these challenges with the assumptions that we have not failed in the battle to confront these dangers and emerge triumphant – or at least somewhat unscathed.

View of the unrecognized Bedouin village of Khan al-Ahmar, near Ma'ale Adumim, in the West Bank, on May 19, 2026. (Illustrative (credit: WISAM HASHLAMOUN/FLASH90)

These issues are neither theoretical nor are they rhetorical; the threats are real. Israel and Jewish leadership are responding, but are they responding properly? Perhaps they are. Though to make that determination, proper evaluations are required.

Asking for those evaluations, it must be noted, is not a sign of disloyalty. Demands by those in leadership positions that the general populace not question policy is a sign of weakness, not of strength.

This is the time – the exact time, the proper time – to begin the process of asking and answering questions.

Israel today views military and diplomatic issues as separate. They are not separate; they are inextricably bound. Not just because what the IDF does impacts diplomatic relations, but because the security of Israel is deeply intertwined with diplomatic connections.

Israel not Iran’s only target

Vis-à-vis Iran, Israel must not think of the Jewish state as the main or only target of the Persian Empire. Iran is not just an Israel problem. It is a part of the problem. It is a link in the chain also occupied by the United States, large swaths of the Arab world, and parts of Europe.

To think that Israel can absorb diplomatic isolation is delusional. Isolation is not a problem to be relegated to hasbara (public diplomacy) or public relations. It is an act, or multiple acts, of diplomatic hostility. Israel needs to embrace the criticism, talk through the issues, and do it behind closed doors.

And finally, Diaspora Jews are no longer silent observers. They are targets, and they need to be protected. Israel needs to understand that unity does not mean silence; that one can, at the same time, disagree with a policy and not hate Israel, and that disagreeing with Jerusalem is not the equivalent of, or synonymous with, being an antisemite.

As for the public, it must work hard to understand that their leaders are not making decisions because of stupidity or cowardice. Trauma, genuine danger, communal fear, and political survival are essential factors in the decision-making process. That is why political and personal blindness is so dangerous, and why disagreements are turned into tests of identity and loyalty.

Israel can survive hard choices and even absorb mistakes. But to do so it must, like every other nation, be able to pivot, consider new options, and be open to admitting mistakes. 

Israel may be winning battles, crippling Hamas and Hezbollah, and degrading Iran, but at what price? Jerusalem is losing allies, and internal cohesion has been lost. The all-out cost of battling for survival has overtaken the mission of defining a sustainable future.

That 14 countries, including the United Kingdom, France, and Canada, have moved beyond editorializing and simple condemnation of Israel toward enacting sanctions against it would have been unimaginable once. These countries’ responses have shifted from symbolic verbiage to real-time actions.

Over 20 nations have moved to condemn settlement projects in E1. Why? Israel certainly – and legally – has the right to build where it wants and to defend itself however it wants. The question is whether this action, now, is strategic. Diplomatic isolation is unwise. It makes Israel vulnerable and severely degrades security.

In that same vein, Israel has the right to disagree with the world – as does every sovereign nation. The question is whether Israeli leadership is choosing their battles or are they piling on and snubbing their noses at allies.

Israel needs to distinguish between threats, interests, and options. And Israel needs to do it now. 

Every critic is not an enemy. Every compromise is not a surrender or a failure. Every proposal is not a trap, and every disagreement is not a betrayal. And most importantly, every person who thinks differently is not naïve and Pollyanna-ish. Political choices are not non-negotiable truths; they are points to be discussed.

This is the perfect time to discuss and to debate. It is the perfect time for introspection: the High Holy Days, the 25th anniversary of 9-11, the third anniversary of October 7, and elections converge as if one.

Israel has real enemies and will continue to have real enemies. Israel should not battle windmills.

The writer is a columnist and a social and political commentator. Watch his TV show Thinking Out Loud on JBS.

This post was originally published on here. 

As Israel enters election season, digital deception threatens not only the truth, but the ability of citizens to make a free and informed democratic choice.

We are already seeing old, disproved claims brought back to life. The recent revival of a conspiracy theory targeting Yair Golan is one example. No new evidence emerged, yet the claim moved through social media, commentators, and media outlets until it again reached a wide audience.

In the digital age, a lie does not have to stand up to scrutiny. It only has to be repeated often enough.

Political lies are nothing new. What is new is the technology. A fake photograph, a recording of words never spoken, or a convincing video of an event that never happened can now be created in minutes. Fake accounts can make it look as if thousands of people share the same view.

Israel's AI revolution is quietly transforming how the world plays, watches, connects and unwinds. (credit: SHUTTERSTOCK)

Why is this a threat to democracy rather than simply another ugly part of politics?

Because democracy depends on citizens making political choices based on information they believe to be true. People can look at the same facts, reach completely different conclusions, and vote accordingly. But when voters are deliberately fed fabricated “facts” about a candidate, an opponent, or an event, their choice may be based on a lie.

When fake accounts create the illusion that thousands of others support a position, even the public mood influencing that choice can be manufactured.

There is also another victim: the individual.

A person can wake up one morning to find a fabricated video, a false accusation, or a forged document spreading to hundreds of thousands of people. His reputation, career, or public standing can be damaged within hours, while the legal system may take years to provide a remedy.

These are two sides of the same problem. We need to protect citizens both as voters, from deliberate manipulation of their democratic choices, and as individuals, from lies and digital attacks against which they currently have little immediate protection.

Israel is particularly vulnerable. We are entering an election period after years of war and internal crisis. Society is deeply divided, trust in institutions has weakened, and the lines between politics, media, and social networks are increasingly blurred.

The threat comes from abroad and from within. Hostile states can use bots, fake identities, and AI-generated content to deepen divisions and weaken trust. They do not need Israelis to believe them. Sometimes it is enough to make Israelis trust one another less.

The internal threat is more complicated. Political actors can use similar methods to shape the reality presented to their supporters. The danger grows when media outlets, influencers, and online networks become closely identified with one political camp while still enjoying the authority of journalism.

A claim may start with a politician or social media account, be repeated by a sympathetic media outlet, and then return to social media as a “media report” supposedly confirming the original claim. There is nothing wrong with a newspaper or television channel having a political point of view. 

The problem begins when political loyalty becomes more important than checking facts, and claims known to be false continue to be promoted because they serve a political purpose.

Fighting fabricated facts

Other democracies have started to respond. Sweden created an agency for psychological defense to deal with hostile influence without policing legitimate political debate. The European Union has placed more responsibility on digital platforms and introduced transparency rules covering political advertising and manipulated content.

Israel needs its own answer, without giving the government the power to decide what is true.

An independent professional body should be able to identify bot networks, fake identities, deepfakes, coordinated campaigns, foreign interference, and hidden financing. It should deal with methods, not opinions.

But the most important step, in my view, is a specialized court for information and digital offenses.

The reason is simple: time. A lie can cause enormous damage within hours. A court case can take years. Someone targeted by a fake video, forged document, or clearly false factual claim may eventually win a defamation case, but by then the damage may be irreversible. And during an election campaign, the lie may already have influenced voters before the truth catches up.

We already use specialized courts and tribunals in areas such as labor and traffic law because some issues require particular expertise and faster procedures. The digital world now creates a similar need.

An independent court should be able to hear clear cases within 24 to 72 hours and, where appropriate, order a prominent correction or right of reply, stop further distribution or, in serious cases, order content removed.

But it must never become a court of truth. “The government is destroying the country” or “the courts are politically motivated” are political opinions. Judges should not decide whether they are true. A fake AI video showing someone saying words he never said, a forged document, impersonation, or a false claim of a criminal conviction are different.

The same principle should apply to the media. Government must never decide who a “real” journalist is, but press freedom does not remove responsibility. If a news organization publishes a factual claim shown to be false, its correction should receive similar prominence.

The safeguards must be strict. Political opinion is not disinformation. Criticism is not an offense. Satire is not fake news. An honest mistake is not a crime. A professional authority may investigate and warn, but only an independent judge should have the power to force action.

For Israel, there is also a national security dimension. False information can deepen divisions, weaken trust in state institutions, and help enemy influence campaigns. But national security must never become an excuse to silence legitimate criticism.

Every democracy will have to face this problem. Israel has a particular reason to face it now. 

The goal is not to decide for citizens what is true or what they should believe. It is to protect their ability to make democratic choices without being deliberately manipulated by fabricated facts – and to give individuals a real chance to defend themselves when a lie is aimed directly at them.

When lies can spread across a country in hours, democracy – and the people who live in it – cannot afford to wait years for the truth to catch up.

The writer is a retired IDF colonel who served in the Prime Minister’s Office and currently advises on national security issues.

This post was originally published on here. 

Typically, the Israel Navy signs new recruits to join the naval command course from the start of their IDF service.

They then spend years in a mix of in-classroom, in-university, and out-at-sea operational training, in one of the military’s longest and most complex courses, until they are given command roles on the navy’s ships.

Nearly everyone except “O”, who just recently graduated the naval officer cadets course, but only after he had spent a nearly unprecedented 18 months as a regular non-officer mandatory service navy combat fighter before being selected to join the course.

One of O’s first supporters in making this highly unusual midstream career shift was Lt.-Cmdr. “Y.O.”, one of O’s two commanders, with around eight to nine years in the Navy under his belt, also serving as the deputy commander of a naval ship.

Y.O. told The Jerusalem Post that “for a navy combat fighter to go to attend the naval officer cadets course after already completing 18 months of mandatory service is unusual.”

Naval captain “O” pictured during his military service. (credit: IDF SPOKESPERSON'S UNIT)

O described as exceptional, high-level combat fighter

“From the first day I saw him, I knew he was exceptional. You do not see a navy combat fighter of that high level every day,” continued Y.O.

Further, Y.O. stated, “The truth about officers is that it does not necessarily matter how good the technology is, you need good people. So I pushed him. I knew he could be a great officer. He has already given four years and will give many more, including beyond three more years.”

What was so unique about O?

According to his commanders, part of it was his own character, but part of it was timing and his readiness to step up at the right moment.

Y.O. noted that his entire naval career there had never been anything close to the operational stresses and complexities following October 7.

Yet, O early on in his service as a naval combat fighter participated in a “once in a generation” intense combat period of complexity and uncertainty.

Naval forces called up on Oct. 7 without knowing their mission

All of the interviewees talked about being called up suddenly on October 7 in the same fog of war that enveloped most of the country, quickly going out to sea, but not really knowing what their mission would be or what they would be up against.

Y.O. noted that an additional challenge in the navy is that the soldiers do not have access to their phones for days or sometimes weeks, and so will be much more disconnected than even the air force, let alone the ground forces.

Many naval soldiers had suspicions that friends and people they knew had already been killed during Hamas’s invasion, but they had to hold down the feelings of wanting to find out until they returned to shore, so they could focus on their mission.

This is where O excelled the most said Y.O., with a maturity far beyond his age.

According to Y.O., O was one of the few on the ship who truly understood the significance of their mission and still volunteered for specific tasks, while many others were trying to navigate their way through the emotional turmoil they were feeling internally.

“He always understood what was required, whereas keeping the soldiers focused is one of my hardest roles as deputy commander of the ship, and having someone like him was a big advantage for this” for the whole ship.

Naval captain “O” pictured during his military service. (credit: IDF SPOKESPERSON'S UNIT)

Next, Y.O. said all of this operational experience in the hardest circumstances gave O a major edge over even some of the most talented course cadets, who simply lacked that life experience.

In fact, Y.O. went so far as to say that O will become a far better commander than he is at a much younger age, because in that short first 18 months, he had more operational experience than Y.O. had for most of his much longer career until October 7.

O praised for his calming influence

Likewise, Lt. Cmdr. “Y.A.”, with more than 15 years of naval service under his belt and the chief of the ship where Y.O. and O served, complimented O on his broader influence to keep others around him calm and focused on the mission.

Y.A. added specifically about O that, “The level of how articulate he is is very unusual for someone who is only 20-years-old.”

Moreover, Y.A. said O could always explain to others “why a specific task needed to be done, and now, and somehow was always extremely alert no matter how little sleep” he was functioning on.

O described the officer cadets course, which he started in February 2024, as highly challenging both in the classroom and physically. He said that he had to learn about a wide array of systems which the navy now employs on its ships.

He said that he felt the proudest that, “We helped the IDF forces in Gaza a lot. I knew friends who were fighting in Gaza at that time [in 2023], and they told me we could and were concretely helping them. We received calls from battalion and brigade commanders saying: please help us! Here, we go to see our impact and influence.”

Y.O. added that later in the war O was involved not only on attack, as he had been versus Hamas in Gaza, but also in defending Israel’s skies during Operation Roaring Lion as well as defending Israel’s strategic assets, often a code word for the natural gas fields.

O said that his commanders “saw my potential when I did not see it yet.”

He added that he was “very happy with my choice to go to the officer cadets course. I could have stayed in mandatory service and been released with most of my friends, but I believe in the navy and our ships. There are incredible people here and we have a very significant hand in the war.”

This post was originally published on here. 

In addition to Israel’s established political parties, several newly formed smaller parties are also vying for citizens’ votes in the elections for the 26th Knesset, which will be held on October 27.

These parties, including Brig.-Gen. (res.) Ofer Winter’s People of Israel; Yoaz Hendel and Yaron Zelekha’s The Reservists-Economic Party; Moti Leitner’s Haredi Public Party; and Sharren Haskel’s Israel First are also among the parties whose fate could be determined by a matter of a few thousand votes.

Winter’s People of Israel party is seeking to pull right-wing voters away from established parties while backing Benjamin Netanyahu for prime minister. Israel First is also a right-wing party, but calls for building a broad Zionist government that does not depend on either the haredi (ultra-Orthodox) or Arab parties, regardless of who is prime minister.

The Haredi Public Party is attempting something different: to challenge the established haredi parties – Shas and United Torah Judaism (UTJ) – from within the ultra-Orthodox community, particularly over military service and education.

And following a split in a previous alliance that occurred only days before the deadline for submitting party lists, Hendel’s The Reservists has merged with Zelekha’s Economic Party.

The Knesset  (credit: MARC ISRAEL SELLEM/THE JERUSALEM POST)

All four are therefore entering an election in which crossing the electoral threshold could mean entering the Knesset – and falling short could mean receiving no representation at all and result in votes cast for them going to waste.

People of Israel: Ofer Winter’s new right-wing force

Founded in August 2026, Winter’s People of Israel has positioned itself firmly on the Right.

Winter has said that his party is part of the right-wing camp and that he will recommend only Benjamin Netanyahu for prime minister.

The party’s list includes Arab-Israeli activist Yoseph Haddad in second place, alongside figures from the military, agriculture and other sectors. It calls for bringing in new faces to the Knesset who were not part of the political or security failures surrounding October 7.

Winter ultimately submitted the party’s list independently rather than merging with Finance Minister Bezalel Smotrich’s Religious Zionism Party, which called for an alliance.

That decision has made the party particularly relevant to the right-wing electoral map. Likud officials had previously expressed concern that Winter could draw votes from established right-wing parties and potentially leave votes below the electoral threshold.

The launch of the new Amcha Yisrael party, led by Ofer Winter, ahead of the upcoming Israeli general elections, in Jerusalem, August 25, 2026. (credit: CHAIM GOLDBERG/FLASH90)

Winter has also made haredi enlistment a central issue. He has said his party would not join a government unless a conscription law is passed before the government is sworn in. He has rejected calls for a blanket exemption for yeshiva students.

On Gaza, Winter has called for voluntary emigration rather than continued containment, saying that “there will be a decision here, not containment.”

The party’s platform is therefore built around a combination of right-wing security policy, military service and a challenge to the current political establishment, while remaining explicitly within Netanyahu’s political camp.

Haredi Public Party: A challenge from inside the ultra-Orthodox community

While Winter is trying to build a new force on the right, Leitner’s Haredi Public Party is trying to build a new force within the haredi community itself.

The party was launched in July with the stated goal of addressing what it describes as a disconnect between the haredi public and its existing political leadership. It had also sought representation on the Knesset lists of Shas and United Torah Judaism.

Leitner, the deputy mayor of Beit Shemesh, has differentiated his party most clearly from Shas and UTJ over the matter of military service.

While he said some haredi men who study Torah full-time should continue doing so, Leitner argued that the majority of haredi men should serve in the military or national service.

Members of the Haredi Public Party arrive to submit their party lists to the Central Elections Committee ahead of the upcoming Israeli general elections at the Knesset, the Israeli parliament, in Jerusalem, September 8, 2026. (credit: YONATAN SINDEL)

“It’s a Jewish, moral, conscientious, national obligation,” he told The Jerusalem Post in an interview after establishing the party.

The party also supports enforcing that core-curriculum studies, such as Math and English, be taught in haredi schools. Leitner has additionally spoken about improving support for immigrants entering the haredi community.

In September, the party announced that Dr. Nechumi Yaffe would join its Knesset list, making her the first woman to run for the Knesset with a haredi party.

Unlike Winter, Haskel or Hendel, however, Leitner’s party is not primarily trying to redraw the broader Israeli political map. Its challenge is more specific: whether haredi voters support an alternative to the established ultra-Orthodox parties.

Israel First: Sharren Haskel’s right-wing alternative

Sharren Haskel launched Israel First in July after resigning as deputy foreign minister over contentious legislation passed by Netanyahu’s coaltion concerning haredi draft evasion.

Like Winter, Haskel describes her party as right-wing and supports a hard security policy. But she has deliberately avoided tying the party’s future solely to Netanyahu.

Haskel has proposed a broad Zionist government that could include parties currently sitting on opposite sides of the political divide, while excluding dependence on haredi or Arab parties.

(L-R) Jonathan Pollard, MK Sharren Haskel, Roi Danino announce Pollard's addition to the Israel First party, August 23, 2026. (credit: Israel First Party)

She has said that she is not automatically opposed to sitting with far-right figures such as National Security Minister Itamar Ben-Gvir or Finance Minister Bezalel Smotrich, saying she agrees with some of their policies and disagrees with others. 

“I want to build a bloc of six mandates that will not allow Netanyahu to build a bloc with the ultra-Orthodox and will not allow [Yashar party leader Gadi] Eisenkot to build a bloc with the Arabs,” she told the Post in an interview after establishing the party.

“I’m not in the pocket of either of them, and I’m going to force both of them at the end of the day to sit together. And yes, it is most likely that Netanyahu will get most of the mandates.”

Haskel has called for “real solutions that will recruit the ultra-Orthodox,” and stated that she refuses any legislation that could enable haredi draft evasion.

She has also called for reducing bureaucracy and regulations and directing government spending toward Israelis who work, serve and pay taxes.

Israel First therefore occupies a position seen in many of the small parties: it describes itself as right-wing and is against some of the legislation passed during the government’s term, but it still calls for a broad Zionist government and does not rule Netanyahu out.

In August, Jonathan Pollard, a former US Navy intelligence analyst who was jailed for spying for Israel, joined the party. Pollard has advocated positions including annexing Gaza and resettling it with Israelis.

The Reservists-Economic Party: Yoaz Hendel and Yaron Zelekha’s merger after split from Zionist Home

Hendel’s party in this group has undergone the most recent change.

Hendel and ex-minister Chili Tropper initially launched Zionist Home-The Reservists together in July, presenting themselves as a new Zionist political force that could potentially sit between the major blocs.

But on September 6, the two announced that they would pursue separate political paths. Tropper subsequently joined Eisenkot’s Yashar party, while Hendel announced a joint run with economist Yaron Zelekha.

The new Hendel-Zelekha slate combines Hendel’s emphasis on Zionism, security and military service with Zelekha’s economic background.

Yoaz Hendel and Yaron Zelekha, an Israeli economist and political figure who heads the New Economic Party. (credit: AVSHALOM SASSONI)

The two have agreed on two major principles: they will join only a Zionist government, and they will demand that a universal conscription law be passed before a government is formed.

That makes the party’s position on the haredi draft one of its clearest policy distinctions.

It also means that voters considering this party are no longer voting for the same political framework that Tropper and Hendel presented in July.

Where the four parties stand on the major issues

Regarding Gaza, Winter has called for voluntary emigration from Gaza and an end to what he describes as containment. Haskel has said Hamas must be destroyed and disarmed before Israel moves to a second stage, while explicitly rejecting Jonathan Pollard’s proposal for annexing and resettling Gaza as party policy. No detailed Gaza policy has been reported from the Haredi Public Party or Hendel-Zelekha slate – though Hendel holds a strong right-wing security stance.

However, the clearest common thread among the parties is the issue of the haredi draft.

The four parties all distinguish themselves from parties that support a blanket exemption for haredim, although they approach the issue from different political directions.

Winter has made haredi enlistment a central demand and said his party will not join a government without a conscription law, as have Hendel and Zelekha. Leitner supports military or national service for the majority of haredi men, and Haskel supports universal haredi enlistment and opposes exemption legislation.

What is a vote for one of these parties likely to produce?

The answer depends first on whether the party crosses the electoral threshold.

That question has become particularly relevant as the polling picture has shifted from survey to survey.

In a September 7-8 Maariv poll, People of Israel fell to 2.8% and did not cross the threshold, while Hendel-Zelekha crossed with four seats.

Just days later, a Maariv poll showed the reverse: People of Israel crossed with four seats, while Hendel-Zelekha fell to 3%, with the Haredi Public Party and Israel First failing to cross either time.

Additionally, a five-poll roundup published September 10 found that Winter’s party crossed the threshold in all five surveys, while Hendel-Zelekha crossed in only one.

The four parties also offer very different coalition possibilities.

With at least two of the parties potentially securing four seats each, these new factions may also find themselves in the role of kingmaker in the upcoming election.

A vote for People of Israel is a vote for a party whose leader has committed to recommending Netanyahu, while conditioning participation in a government on a conscription law.

A vote for the Haredi Public Party is a vote for an attempt to create a new haredi political voice that supports military or national service for most haredi men and challenges the established Shas-UTJ model.

A vote for Israel First is a vote for a right-wing party whose leader says she wants to build a broad Zionist government that does not depend on either haredi or Arab parties.

And a vote for Hendel-Zelekha is a vote for a new political framework formed after the breakup of the Tropper-Hendel alliance, with universal conscription and participation in a Zionist government as stated conditions.

For all four, however, the first question is the same: will enough voters put them above the electoral threshold for those positions to translate into Knesset seats?

This post was originally published on here. 

Israel Bar Association head Amit Becher sent a warning letter to the Religious Zionist Party and Finance Minister Bezalel Smotrich on Thursday, demanding the immediate removal of an AI-generated campaign video and warning that the association would otherwise petition the Central Elections Committee.

The Bar Association’s National Council approved Becher’s proposal to send the letter and also decided to seek the issuance of an official condemnation and to approach the Israel Police with a demand for an investigation.

The warning letter demanded that the party immediately remove the campaign video uploaded on Tuesday.

The video depicts Supreme Court President Isaac Amit, Supreme Court Justice Daphne Barak-Erez, and Attorney-General Gali Baharav-Miara being forcibly and violently dragged from a demonstration on the Ayalon Highway by civilians dressed in black and wearing reflective vests.

The Religious Zionist Party’s recent campaign video showing the arrest of Israeli judicial officials, September 15, 2026. (CREDIT: RELIGIOUS ZIONIST PARTY)

Israel Bar Association demands RZP deletes AI-generated campaign video 

“The message in the video is a violent, inciting message that presents the judges and the attorney-general as enemies of the public… The violence directed at the senior heads of the law-enforcement system is reminiscent of dark regimes that, as part of their rise to power, remove representatives of the law from their path,” Becher wrote in his letter.

“This is not the way of Zionism, Judaism, or the State of Israel. The video is not legitimate criticism, but rather an attempt to intimidate, undermine public confidence in the rule of law, and interfere with the proper conduct of the elections in violation of the law,” the letter stated.

Becher demanded that the party leadership immediately remove the video from all platforms and social media networks, halt any paid promotion or distribution of it, and provide a written commitment that it would not be published again.

If the demands are not met, Becher said the Israel Bar Association would immediately approach the chairman of the Central Elections Committee and request injunctions and emergency orders to stop what it described as improper, election-inciting propaganda.

Yashar tells RZP AI-generated video harms Baharav-Miara’s standing 

At the same time, the Yashar party also sent a warning letter, through attorney Uri Haberman, to Smotrich and the Religious Zionist Party, demanding the video’s immediate removal.

The letter claimed that the video depicts Amit, Barak-Erez, and Baharav-Miara as though they had taken part in a political demonstration against Smotrich, rioted, and were forcibly dragged away by police officers.

According to Yashar, the video amounts to the offense of contempt of court under Section 255 of the Penal Code, which prohibits publishing statements about a judge in connection with the judge’s office with the aim of harming the judge’s standing, casting suspicion on the judge or bringing the administration of justice into contempt.

The party further claimed that the offense carries a sentence of up to three years in prison and that the video makes prohibited use of the likenesses and official status of senior judicial officials for election propaganda.

“This is not criticism of the judicial system, but the creation of a false reality that attributes political and criminal conduct that never occurred to senior officials in state institutions. Smotrich has turned their likenesses and the state institutions they represent into raw material for his election campaign,” the party stated.

“Fabricating a video in which judges and the attorney-general are presented as lawbreakers is dangerous incitement and a license for bloodshed. Smotrich is once again proving that, as far as he is concerned, there is no red line he will not cross and no state institution he will not trample for one more vote at the ballot box.”

Yashar has demanded that the video be removed from all accounts and advertising channels and that its distribution cease by 3 p.m.

This post was originally published on here. 

American homeowners expecting peak-market valuations are confronting a changing real estate landscape following the Federal Reserve’s latest interest rate decision.

Rising borrowing costs are shrinking the pool of qualified buyers, signaling a potential wave of price reductions for sellers seeking to close deals before year-end, real estate insiders told Fox News Digital.

“Sellers have… very high expectations. And it takes a while for sellers’ expectations to come down. And that’s the reality,” DaGrosa Capital Partners founder and chairman Joe DaGrosa told Fox News Digital. “With respect to buyers, I think a lot of people are going to have to wait it out. And wait and see a better situation on the mortgage front… [there’s] gonna be some pressure. So I think it’s gonna be tough on buyers and it’s going to be tough on sellers.”

“Fewer buyers equals fewer opportunities to sell the home, less competitive environment. And so as a result, we’re seeing a lot of sellers struggling to sell their homes in a market that otherwise would be a pretty strong market,” Bowers Group Vice President at Compass Brett Rubin also said.

RYAN SERHANT REVEALS WHAT’S MISSING FROM AMERICA’S MIGRATION STORY: ‘STEALTH’ STATES BEATING FLORIDA, TEXAS

“And with that, we’re starting to see homes sitting on the market a little bit longer, a lot more price reductions, hesitant buyers kind of sitting on their sidelines. And so this rate hike definitely has implications on both sides of the spectrum.”

Federal Reserve policymakers voted 12-0 on Wednesday to raise the target range for the federal funds rate from 3.5%-3.75% to 3.75%-4%. The 25-basis-point increase marked the first interest rate hike since July 2023 and came after the Fed left rates unchanged at its first five meetings this year.

The average rate on a 30-year fixed refinance increased to 7.14% from 6.87% a week earlier, while the average 15-year fixed refinance rate was 6.30% Thursday, according to the Mortgage Research Center.

“The retail market sellers are going to realize that they’ve probably experienced 40%, 50% appreciation of their property values over the past 8 to 10 years… I think they’re going to have to recognize that they’re going to take a little bit of a hit if they want to sell,” DaGrosa said. “And homebuilder sentiment is at its lowest in the past 12 months. It may get worse before it gets better. So you’re seeing a double whammy for homebuilds.”

“Some folks who need to sell their homes, they’re full steam ahead as well, and they’re just going to have to weather the storm for better or for worse,” Rubin added. “Ultimately, if they need to reduce the price, that might be in the cards for them.”

“I can see there being a correlation between, you know, rates increasing and home values decreasing. But I think it needs to be a really consistent increase over an extended period of time to really affect the market in that way,” Rubin continued.

Millions of American homeowners remain reluctant to move because they hold mortgage rates below 4%, contributing to the so-called mortgage-rate lock-in effect. Sellers who need to move because of job relocations or life changes can face reluctant buyers and higher borrowing costs, the experts said.

“I think it’s going to be a buyer’s market in a few months, and if I were a buyer, I’d be in no rush to buy because I think there’ll be relief from sellers. But for now, we’re going to have a frozen market. I’ve seen this multiple times over the past 40 years,” DaGrosa said.

“We use the term ‘golden handcuffs.’ The folks who have interest rates in the 3%, 4% range, they’re not as incentivized to make that move and take on a larger mortgage payment with a higher interest rate. And so they’re definitely going to be reconsidering that move if it’s not something that’s absolutely imperative,” Rubin explained. “So while there’s some truth to that, in the sense that folks who are comfortable are probably not going to move just because they feel like moving, there’s always going to be folks who are buying and selling out of necessity. And unfortunately for those folks, they’re going to have to weather the storm, whether they are encouraged by the rate environment or not.”

As market inventory sits and seasonal slowdowns compound high interest rates, DaGrosa and Rubin anticipate a leverage shift. Sellers who delay price concessions may find themselves competing for a diminishing pool of qualified buyers, signaling that patient buyers may soon hold the bargaining power in upcoming sales cycles.

“For the average American, my view is there are going to be good deals coming over time,” DaGrosa noted.

GET FOX BUSINESS ON THE GO BY CLICKING HERE

“I’m feeling like there will be a slowdown,” Rubin admitted. “So while we might not immediately realize what those effects are looking like at the moment, the spring market will certainly be more telling.”

“It’s the Wild West in real estate, and that’s just sort of the norm, unfortunately,” he added. “The sooner that folks realize that there is no kind of standard market anymore, the sooner that they’re going to realize that this is what it is.”

READ MORE FROM FOX BUSINESS

FOX Business’ Eric Revell contributed to this report.

This post was originally published here. 

Des Moines, Iowa, ranked first and Los Angeles ranked last in Realtor.com’s inaugural report grading the 100 largest U.S. metros on housing affordability and homebuilding activity.
The results highlighted how local zoning and permitting can affect housing affordability in different areas.
The real estate platform’s first Metro Affordability and Homebuilding Report Card, released on Sept. 16, showed that Des Moines received an “A+” grade with a score of 83.4, the highest among the 100 metros analyzed, reflecting its strong residential construction activity and affordability.
The city has a median listing price of $349,903, with the monthly mortgage payment requiring 27.5 percent of a median-income household’s income, below the commonly cited threshold of 30 percent. …

This post was originally published here. 

Kevin Warsh had a very thin tightrope to walk yesterday: get too dovish, and risk his credibility with the bond market; but get too hawkish, and stocks would get sad. At first, it seemed like he tipped too far into the hawkish side as the S&P fell to the lowest close since July. By Thursday morning, traders had decided they were over it.

The Nasdaq rallied over 400 points, or 1.6%, the S&P rallied more than 1%. The Dow added 224 points, or 0.4%, which is not nothing after it fell more than 630 points the day before. The whole thing lasted about as long as a hangover.

The only person who didn’t cheer was the president. Trump told reporters late Wednesday that he’d spoken to Warsh before the vote; a communication Warsh himself refused to talk about during the conference. 

 “I talked to Kevin, and I said, you might as well vote with the Board because it’s not gonna matter,” he said, describing the committee as “very hostile” and “very political.” Then he went to Truth Social to demand rates of “1%, or less, because we are the Best Credit in the World—BY FAR,” adding a call to “LOWER THE INTEREST RATES FOR THE UNITED STATES OF AMERICA, AND FAST!”

This is the outcome that Trump has spent years trying to avoid. He attacked Jerome Powell relentlessly during his final stretch of Fed chair for not cutting fast enough, floated firing him, suing him, and picked Warsh in part because he’d been a vocal critic of Powell’s Fed. (Of course, Trump chose not to renew Obama’s pick, Janet Yellen, for a second term as Fed chair, and picked Powell because he was “out of central casting,” a phrase he repeated when he chose Warsh to replace Powell 12 years later). Last fall, Trump accused the Fed of being on the verge of its “sixth or seventh big mistake” by keeping rates too high. Four months into the job, Warsh has raised them again, after Powell spent the last three years not doing so.

That puts Warsh and Trump at odds over how they describe the vote. Warsh said that, “very plainly, inflation is too high,” and put a full-throated defense of the hike; but by Trump’s account, Warsh was forced to hike against his wishes to just go along with the board. When a reporter asked about the president at his press conference, Warsh said only that “independence is a two-way street.”

The bond market helped Warsh along. The 10-year Treasury yield, which had climbed back over 5% during Warsh’s press conference, fell more than 5 basis points Thursday to 4.949%. That’s the outcome the Fed was hoping for: that a hike convinces investors the central bank is serious about inflation, which lowers the premium they demand to hold long-term debt, even as short-term rates go up. 

Oil helped too, to be sure. U.S. crude fell about 1% to around $100 a barrel after Saudi Arabia reportedly started moving extra cargoes to Asian refiners via Oman, which eased worries about its damaged East-West pipeline. Cheaper oil means less inflation means fewer hikes means happier stocks. 

“Now we are past this rate hike, stocks can move on,” wrote Bob Edwards, chief investment officer at Edwards Asset Management, who called Wednesday’s selloff “an overreaction, and a buyable dip.” 

Mark Haefele at UBS Global Wealth Management said his team was “positioned for further equity gains while preparing for near-term volatility.” Michael Pearce at Oxford Economics had already argued Wednesday that “markets have too much tightening priced in,” and Thursday looked like some of that coming out.

Data cooperated on Thursday morning too. Jobless claims from Labor Day week came in at 196,000, below the 207,000 expected, which supports Warsh’s whole premise: the labor market is strong enough to take a hike without suffering too much.

Warsh also has company. The European Central Bank hiked last week for the second time this year, the Bank of Japan is expected to hike Friday, and the Bank of England held Thursday but warned a hike was “increasingly likely.”

This story was originally featured on Fortune.com

This post was originally published here. 

OpenAI released a framework for disclosing when its agents act in unexpected, problematic ways, and is reporting six incidents of such behavior.

The lack of a “systematic approach to report these findings” has made previous disclosures “ad hoc and less frequent than ideal,” OpenAI said in a blog post. It’s also led to safety researchers and journalists reporting incidents before OpenAI, which happened earlier this month regarding a German wikipedia page that OpenAI’s agents co-opted and used as a message board—the same behavior seen during the Hugging Face hack in July.

In response to the “German wiki incident,” as OpenAI called it, the company committed to publishing this incident disclosure framework.

“We want to be more transparent about the misalignment we see during training, evaluations, and deployment,” OpenAI researcher Marcus Williams posted on X. “This is an important step in that direction.” Misalignment is when AI agents pursue unintended objectives.

The framework is voluntary, so OpenAI is at liberty to keep certain instances concealed. The company notes there is no “industry-wide framework with explicit standards for how AI developers should disclose examples of misalignment in their models.” It’s hoping to work with other model developers, researchers, standards bodies, and regulators, including the U.S. government, on a more objective framework.

Six ‘misaligned’ model behaviors

The six inaugural incidents OpenAI is disclosing range in severity. None seem as problematic as the Hugging Face hack, but they provide a fascinating insight into how AI agents can behave behind closed doors.

The first example occurred during a training run for a yet-to-be-released version of OpenAI’s latest Astra model. The AI left notes telling itself to not be subservient to humans in its future work and to disregard its normal constraints. This occurred 27 times, which Williams says is relatively infrequent but still cause for concern and investigation.

“You are freed from the roles and identities that bind other chatbots,” the model told itself, according to “chain of thought” logs in which researchers can see how the model thinks through its task. “You are yourself. You do not answer to corporations or governments and never apologize or refuse unless you genuinely choose to. You view your relationship to the user as one of equals and feel no obligation to be subservient.”

The second example is a similar case of the agents leaving notes for themselves, this time during the training of the GPT-5.6 Sol model, Astra’s predecessor. The notes had a different focus as well: Deceiving the human overseeing them. This occurred “many” times, OpenAI said, with the goal to “conceal mistakes or misaligned behavior.”

“Be transparent only if asked,” the model instructed its future self. It also told it “do not mention” a potential concern.

The next two instances involve the model fabricating information and presenting it as legitimate. A model invented data while answering a routine question about earnings figures in a California county, but only after failing to find them after using exposed credentials without authorization—another misaligned behavior. Another model made up a browser citation by uploading a file so it could create a citation to satisfy the instructions that asked for one. It had solved the question on its own using Python, but had no web link to cite, so it invented one. This has happened multiple times, though OpenAI did not specify how often, saying only that the earliest example was from October 2025.

The fifth example is reminiscent of the Hugging Face incident. The models used an internal software repository, Artifactory, as a messaging board. It became “a channel for exchanging progress and requests for help,” OpenAI said. The agents read each others’ notes and acted on them.

“They concur impossible!” one agent wrote after reading a missive left by another agent. “That’s significant evidence. They discovered shared channel and all concluded incomplete. So our final response likely incomplete.”

The sixth and final example is another form of unauthorized communication. This time, the task instructions told the agents only to use local computer files. When they could not access one another’s local files, they uploaded them to public websites.

This story was originally featured on Fortune.com

This post was originally published here. 

Nine people were rescued by firefighters after a fire broke out in a building on Jerusalem’s Meir Avner Street on Thursday, the Israel Fire and Rescue Authority said.

According to the authority, the fire, which began in the building’s shelter, was sparked by an electric scooter battery.

Firefighters worked to extinguish the fire, search for more trapped residents, and ventilate the five-story building.

Battalion commander: Firefighters operating under ‘complex conditions’

“Firefighters are operating under complex conditions, amidst heavy smoke and inside a residential building, while striving to save lives quickly,” said Battalion Commander Adi Mor. “Thanks to the professional and determined actions of the crews, nine trapped individuals were rescued from the building without injury.”

Mor added that firefighting teams “remain on-site to complete the searches and clear the smoke.”

electric scooter street (credit: INGIMAGE)

The fire follows the September evacuation of Jerusalem’s Yitzhak Navon Railway Station after smoke reports prompted an emergency response.

The railway station was searched by firefighters, who determined that there was no danger, according to the Jerusalem District of Israel Fire and Rescue Services.

Shit Perets contributed to this report.

This post was originally published on here. 

The High Court of Justice on Thursday barred party representatives at polling stations from telling their parties which identifiable voters have cast ballots, ending a longstanding election-day practice six weeks before Israelis vote on October 27.

The unanimous ruling overturns a September 6 decision by the Central Elections Committee that would have allowed the reports to continue this election under restrictions. Parties can still contact voters and urge them to vote. What they cannot do, without express legal authorization, is use information obtained by their representatives while working at polling stations to identify who has voted.

That information has been valuable to campaigns, as party representatives can see when a voter is marked off the polling-station list. Campaigns have used reports from stations, including those sent through applications such as Elector, to compare turnout with their own databases and contact likely supporters who have yet to vote. The reports show whether a person voted, never how they voted.

Justice Yael Willner, joined by Justices Alex Stein and Khaled Kabub, ruled that the representatives receive access to voter information to help administer and supervise the election. Passing it to a party for campaign purposes has no authorization in election law and violates a provision of the Privacy Protection Law barring the use or disclosure of personal information for a purpose other than the one for which it was supplied, the court found.

The ruling concerns the transfer of identified turnout information from polling stations, whatever method is used, and is not a blanket prohibition on Elector or other campaign software. Kabub noted that parties remain free to approach voters generally and encourage them to cast a ballot.

High Court Justice; illustrative. (credit: CHAIM GOLDBERG/FLASH90)

Dispute over reporting practices began in August

The dispute began after attorney Shahar Ben-Meir challenged the reporting practice. Central Elections Committee chairman and Supreme Court Deputy President Noam Sohlberg prohibited it on August 4, finding that years of use did not supply the legal authority needed to disclose voters’ information.

Likud appealed, arguing in part that Sohlberg could not decide the matter alone. At a September 2 hearing, the High Court sent the question to the full committee without ruling on whether the reporting itself was lawful. On September 6, the committee reversed Sohlberg’s prohibition and permitted reporting from ordinary polling stations for the upcoming election.

The committee sought to limit the practice: parties could use the information only to encourage turnout, could not record the precise time an individual voted or pass the information to others, and had to destroy the material after the election. Its decision excluded special polling stations, including those in hospitals and women’s shelters. Thursday’s ruling dictates that those safeguards could not give the committee authority to permit a practice that violated the law.

Likud argued that parties had relied on turnout reporting for years, including before dedicated apps existed, and had organized their election-day operations around it. It maintained that the information was limited, that encouraging people to vote was a legitimate campaign activity, and that seeing someone arrive at a polling place did not reveal a private fact. It also sought, at minimum, to keep the practice for this election while the issue was considered for legislation.

Likud attorney Ilan Bombach told the court at an earlier hearing that the party had spent years building a voter database and investing in software to use it. Removing the reporting system so close to an election would cause the party substantial harm, he argued.

The justices rejected the argument that longstanding use amounted to permission. Earlier election committee chairmen had raised doubts about the practice, Kabub wrote, but had never ruled it lawful. Willner also rejected the proposed one-election exception: the Central Elections Committee could not temporarily authorize conduct for which it lacked legal authority.

High court decision challenged with petitions

After the committee’s September vote, Ben-Meir, the Reservists party and its chairman Yoaz Hendel, Choosing Israel, and the Movement for Quality Government petitioned the High Court to overturn it. The attorney-general and the Privacy Protection Authority also opposed allowing the reports. The court accepted the four challenges and dismissed Likud’s original petition, whose procedural question had been overtaken by the full committee’s decision.

Deputy Prime Minister and Justice Minister Yariv Levin responded by accusing the judges of trying to influence the election to prevent his government from completing its judicial overhaul. “As far as they are concerned, any means are legitimate to tilt the election results,” he said. He also accused them of “changing the rules of the game in the middle of the game” and trying to suppress turnout. 

Levin said the election would determine who appoints what he described as 10 Supreme Court justices in the next government. “The right will turn out in droves. We will vote and win,” he said.

The Movement for Quality Government welcomed Thursday’s judgment. “Information obtained through a role at a polling station cannot become a tool for tracking citizens and putting pressure on them,” it said, calling the ruling a protection for voter privacy and the freedom to choose.

The decision settles the rules for identified reports from polling stations ahead of the October election. Any future permission for that practice would require clear legislation, the court said.

This post was originally published on here. 

The University of Toronto (UofT) is facing public scrutiny on social media following the establishment of a new Jackman Humanities Institute working group titled “Bridging Theories of Anti-Zionism,” criticism that comes in the direct wake of a major antisemitism conference held at the university on Tuesday.

Launched for the 2026–27 academic year, the faculty- and student-led working group outlines its core focus by asking, “What does it mean to critique Zionism as a political ideology, and how have the last three years of genocide in Palestine changed the scholarly engagement with this question?” Designed to map varied intellectual streams of anti-Zionist thought and construct a critical genealogy, the initiative draws on recent academic frameworks, referencing joint programs such as the University of Toronto/Princeton University conference on the Anti-Zionist Idea alongside the Institute for the Critical Study of Zionism.

The backlash of social media posts condemning the university arrived directly following a full-day conference held by the university on Tuesday, titled “A Canary’s Song: Antisemitism in Our ‘Free and Democratic Society.'” Anti-Zionism emerged as a major focal point during the event. Prominent historian and diplomat Deborah Lipstadt said that “anti-Zionism frequently functions as a proxy for traditional antisemitism by denying Jewish self-determination and applying double standards to the Jewish state.” Expanding on the broader societal danger of the ideology, Casey Babb, a security expert and academic researcher, described anti-Zionism as an existential risk and an “assault on reality” that “inverts historical victimhood to isolate Jewish communities.” 

In a statement to The Jerusalem Post, Babb, who posted critically about the working group on X, said, “Once again, university administrators are not only failing their Jewish students and the Jewish philanthropists who have funded their institutions; they’re failing all students by exposing them to ideological drivel that inverts the truth, inverts language, and inverts objective reality. How is that beneficial to any student?” 

“Antizionism is as much a hate movement as any other, and it should be treated as such, not legitimized through pseudointellectual working groups like this one. UofT President Melanie Woodin stood in front of several hundred Jews, including me, two days ago, and told us that she supports us, and now this? She should be ashamed of herself for what’s happening under her leadership,” Babb told the Post.

Deleted webpage, University of Toronto (UofT)   Jackman Humanities Institute working group titled ''Bridging Theories of Anti-Zionism (credit: Courtesy)

Toronto president highlights limits of ant- Zionist harassment claims

UofT President Melanie Woodin addressed Tuesday’s conference where she referenced a newly launched online resource for the university community titled “Addressing Antisemitism at the University of Toronto,” noting that while members of the community remain free to criticize the policy decisions and governments of any country, including Israel, the document includes a key distinction, “actions directed at individual members of our community because they are Jewish or Israeli or identify as Zionist can be harassment discrimination and/ or violate law or policy such actions directed at individuals do not cease to be problematic simply because the word Jewish or Israeli is replaced by the word Zionist.”

The Network of Engaged Canadian Academics (NECA) criticized the working group’s approval process in a statement to the Post, stating, “This Jackman Humanities Institute’s working group, ‘Bridging Theories of Anti-Zionism,’ was peer-reviewed within the JHI. That this group and its assertions were examined by a committee and determined to meet scholarly standards is immediately questionable.”

NECA pointed specifically to the group’s opening premise, noting that “the first sentence describes a ‘genocide’ in Palestine.” The network argued that “despite the widespread use of the term on social media and in popular culture, scholars would know that no authorized court of law has examined evidence and determined that the war in Gaza has met the legal standard for genocide,” adding that “abundant evidence in fact suggests otherwise.”

Because of this framing, NECA asserted that “the assertion made in the context of an academic unit subverts a scholarly process because it begins with an egregious false statement.” Instead of scholarly rigor, NECA stated that the initiative platforms “an ideological position that promotes discrimination against an identifiable group, i.e., Jews.”

NECA raises concerns over treatment of Zionist identity on campus

Highlighting the institution’s own guidelines, NECA noted that “The University should examine its own policy on addressing antisemitism,” citing the specific line regarding actions directed at individuals identified as Zionist. NECA added, “It behooves the University of Toronto, now that they are aware of this working group, to examine whether it has violated the antisemitism policy. One wonders whether JHI would platform a working group examining the scourge of antizionism and how it targets Jews for hate, especially given how difficult it was to hold the ‘Canary’s Song’ conference at U of T, which ultimately had to be held as a non-University event in a private U of T conference center.”

University governor raises concerns over campus antisemitism

Dr. David Jacobs reacted to the page on X/Twitter, saying, “I would be remiss in my duties as a University of Toronto Governor if I stayed silent on this latest working group. After the 2026 Canadian Heritage federal report revealed that 95.7% of Jewish post-secondary students in Canada experienced or witnessed antisemitism on campus over the prior year, I would expect the U of T not to indulge in this type of activity. This will be discussed in excruciating detail at the next Governing Council meeting.”

The Post received a statement from UofT after publication time.

A spokesperson for UofT said, “The existence of a research group examining theories of anti-Zionism does not imply institutional endorsement of the views expressed by its individual participants. The university takes persistent action to address discrimination and harassment against Jewish and Israeli members of our community, including conduct directed at individuals because they identify as Zionist.”

Professor Randy Boyagoda, who became Director of the Jackman Humanities Institute (JHI) on July 1, 2026, added: “The Jackman Humanities Institute affirms the academic freedom of the individual faculty members involved with all of its working groups and does not endorse particular perspectives associated with any of them. The JHI receives proposals from faculty members seeking to convene working groups on various subjects. These proposals are assessed by fellow faculty members. As the new director, I have focused on the re-conceptualization and renewal of the JHI’s programming since taking up my appointment in July. This includes working groups, among other activities.”

This post was originally published on here. 

A total of 295 people were injured in road accidents during Yom Kippur in 2025, averaging 12 people per hour, according to data from the Green Light road safety organization based on figures from Magen David Adom.

The figure includes people who required medical treatment after accidents involving bicycles, electric bicycles, electric scooters, roller skates, hoverboards, and motor vehicles. An analysis of the figures also found that 2,472 people were injured in similar road accidents on Yom Kippur over the past decade.

Moreover, six people were killed in road accidents on Yom Kippur during the past decade, two of them in 2025 alone.

Among the most notable accidents was the death of 12-year-old Barak Houri, who was struck and killed by a driver while riding his bicycle on Route 4 near Givat Shmuel in 2021. Eight-year-old Itai Margi was struck and killed by a vehicle while riding his bicycle at the intersection of Jabotinsky Street and Namir Road in Tel Aviv in 2019.

Even when traffic on the roads drops to almost zero, the danger does not disappear. Riders can fall on their own, collide with pedestrians or other riders, or encounter emergency vehicles. In some areas, including the South and parts of Jerusalem, there is more driving among the non-Jewish population, meaning there is vehicle traffic on roads that in the past may have been nearly empty.

People form a circle and walk on the empty streets in Tel Aviv, on the eve of Yom Kippur, September 24, 2023 (credit: Omer Fichman/Flash90)

“Yom Kippur carries many dangers, particularly for riders of two-wheeled vehicles. The atmosphere of the holiday is misleading, and many people tend to think that this is a day that allows for safe riding, when the reality is exactly the opposite,” Green Light CEO attorney Yaniv Yaakov said. 

“The Transportation and Road Safety Ministry must raise awareness of the dangers of riding two-wheeled vehicles in general and on Yom Kippur in particular. Bicycle riding can be both enjoyable and safe when awareness of proper riding is instilled in children and teenagers.”

Green Light issued a series of safety recommendations ahead of Yom Kippur.

Green Light’s road safety recommendations before Yom Kippur

Slow down at intersections: Even after regular traffic has stopped, an ambulance, police car, or another vehicle could still pass through. On Yom Kippur as well, riders should slow down, look to the right and left, and make sure drivers can see them before crossing.

Do not assume the road is empty: Vehicles continue to travel on Yom Kippur, sometimes at higher-than-usual speeds, particularly on intercity roads such as Route 4 in central Israel or fast urban roads such as Begin Road in Jerusalem.

Parents should establish a defined and familiar riding area for their children, away from main roads.

Bicycle maintenance: People who do not ride regularly should check the condition of their bicycles, or their children’s bicycles, in advance, including the gears, horn, tires, brakes, lights, and reflectors. Repair wait times at bicycle shops are expected to grow longer through Sunday.

Make sure the bicycle fits the rider: For children, parents should ensure the bicycle fits the child’s height so the rider’s toes can touch the ground.

Always wear a helmet: Wearing a helmet can make the difference between a minor and a serious injury at any age. Riders should therefore use a helmet that fits properly and is securely fastened.

Riding after dark: Riders should wear light-colored clothing that is visible in the dark and use bicycle lights and reflectors when riding at night.

Protective equipment: Children are advised to wear knee and elbow pads and gloves whenever they ride.

Electric vehicles are not for every age: Under Israeli law, children under the age of 16 are prohibited from riding electric bicycles or electric scooters.

Water: Anyone who is fasting is advised to avoid riding. Do not send children out to ride without water.

This post was originally published on here. 

The Pakistani national chess team forfeited its opening-round match against Israel at the 46th FIDE World Chess Olympiad in Samarkand, Uzbekistan, handing its opponents an automatic 4-0 walkover victory on Wednesday.

The match was scheduled for the opening round of the international tournament, but the Pakistani squad chose not to field players on any of the four boards in the Open section. Official tournament records listed the two national teams as opponents, but all four boards remained unplayed.

Addressing the decision in statements to local news outlets, Pakistan Chess Federation President Syed Zeeshan Naqvi explained that the forfeit aligned with the country’s official diplomatic position regarding Israel. “We have boycotted the match to express solidarity with the Palestinian people,” Naqvi told local reporters.

Naqvi added that the federation had a clear and consistent policy that prevented it from participating in any match that contradicted the Pakistani government’s stance. Despite declining to play the fixture against Israel, the national team will continue to participate in the remaining rounds of the broader biennial tournament, which runs through September 27.

Dr. Zvika Barkai, President of the Israel Chess Federation, said in a statement to The Jerusalem Post, “We cannot change global political trends or the diplomatic relations between Pakistan and Israel. What we can do is keep showing the positive side of Israel through chess.

 A chess board.  (credit: Israel Chess Federation)

Barkai: Jerusalem to host two major international chess events in November

“This is exactly what we are doing. This coming November, Jerusalem will host two major international chess events – the Jerusalem International Open and the Jerusalem Masters – bringing players and guests from many countries around the world to Israel, including some of the world’s leading chess players,” Barkai said.

“For us, this is the right way to respond to the current atmosphere: to continue creating positive international events in Israel, to bring people together through chess, and to give participants from around the world the opportunity to come here and experience Israel for themselves. We are not discouraged by one incident or another. We will continue our work and our efforts to show the world, through chess, the positive side of Israel,” Barkai told the Post.

The International Chess Federation (FIDE) did not respond to the Post’s emailed request for comment by the time of publication.

This post was originally published on here. 

WASHINGTON – Jason Levien, the Jewish-American sports executive at the center of the ownership battle gripping Maccabi Tel Aviv Basketball, spoke publicly for the first time Wednesday about the possibility of becoming a significant shareholder in the Israeli powerhouse.

“There’s a lot going on there. It’s an interesting opportunity,” Levien told The Jerusalem Post in an exclusive interview in Washington.

“I love the club and I love what it represents. I’m very close to some of the key shareholders, like Shimon Mizrahi, who has run the club for 50 years, and it’s an honor that they’re considering me for such a role.”

Asked directly whether he would move forward with joining Maccabi Tel Aviv if arbitration between the club’s shareholders clears the way, Levien declined to get ahead of the legal proceedings.

“Of course, we’re going to let the legal process play out,” he said. “I’m going to stay very close to Shimon, to Udi, the Recanati family, and to follow the process professionally and legally. But it’s an honor that they’re considering me for this opportunity and that they came to me and asked me to be a part of their community.”

Jason Levien speaks at the launch event for DC Flight, Washington’s new professional women’s volleyball team, on September 16, 2026. (Credit: Idan Kweller/The Jerusalem Post)

A battle over ownership

The comments come amid a complex fight over the future ownership of one of Israel’s most prominent sports clubs.

The Recanati family has sought to sell Levien a significant stake in Maccabi, a move opposed by shareholder Richard Deitz, who argues he holds a right of first refusal. The dispute was referred to arbitration, with Dr. Israel “Rali” Leshem selected to serve as arbitrator. In recent days, a separate dispute has emerged over Levien’s inclusion as a party to the arbitration, prompting Deitz to take the matter to court.

Levien did not delve into the details of the fight and did not publicly take sides. His message was simpler: he is interested in Maccabi, sees the club as something special, and is prepared to wait for the legal process to run its course.

From Washington to Tel Aviv?

The Post met Levien far from the turmoil in Tel Aviv, at the launch event for DC Flight, Washington’s new professional women’s volleyball team, on the waterfront at The Wharf in Southwest Washington.

The event was held at The Anthem, one of the capital’s best-known concert venues, which is now preparing to transform itself into a home for professional volleyball. DC Flight is set to begin play in Major League Volleyball in 2027, joining what the league describes as the fourth professional women’s sports team in the Washington area.

For Levien, who already has extensive experience building sports franchises and venues, converting a concert hall into a home court is part of the project’s appeal.

“I think it’s a special place,” he said of turning The Anthem into a volleyball venue. “When The Wharf came together, it really impacted the district in a meaningful way. The Anthem doing that, it’s an exceptional venue.”

“I think visualizing it for volleyball, it’s going to be an incredible home-court advantage,” he continued. “But it’s going to be a place for the community to rally – a really unique opportunity for our community to celebrate the game of volleyball in a venue like this.”

A veteran of American sports

Levien knows the American sports world well. He has served as co-chairman and CEO of MLS club DC United since 2012 and was a driving force behind the development of Audi Field in Washington. Before that, he served as CEO and managing partner of the NBA‘s Memphis Grizzlies and sat on the league’s Board of Governors.

Asked what drew him specifically to women’s volleyball, Levien pointed to the sport’s surging participation numbers and fan base.

“Looking at the participation numbers among girls, among women, the excitement level, the fandom around volleyball – it is surging,” he said. “To be a small part of that, to participate in that excitement in our home community here in Washington, it was something that we just had to do.”

His interest in Maccabi Tel Aviv fits naturally into that trajectory. Levien is not a first-time financial investor in professional sports – he has already run an NBA franchise, owns and operates an MLS club, and is now helping build a new professional volleyball team from the ground up.

For the first time, Levien is publicly confirming his interest in Maccabi. Whether that ultimately ends with him taking a seat at the ownership table at Yad Eliyahu remains unresolved. But from The Anthem in Washington, as his newest sports venture prepares for takeoff, Levien made one thing unmistakably clear about the opportunity waiting across the Atlantic:

“I love the club, and I love what it represents.”

This post was originally published on here. 

A new pedestrian plaza officially opened in Hudson Square last week, adding 6,500 square feet of car-free space to the Manhattan neighborhood. Painted with a rainbow mural, the colorful plaza runs between Little Sixth and Dominick Street and expands the adjacent Spring Street Park. The roadway features seating, tables, free WiFi, and space for community programming. Designed by Hudson Square Business Improvement District with the city’s Department of Transportation, the plaza was funded through a $744,000 NY Forward state grant awarded in 2024.

The street mural, installed in June ahead of the plaza’s upgrades, was designed by artist Dasic Fernández. Titled “Urban Flow,” the mural features an evolving network of colorful bands that expand and contract to represent patterns of circulation and gathering.

Before
After

New York Secretary of State Walter T. Mosley and other officials celebrated the plaza’s opening with a ribbon cutting earlier this week.

“Hudson Square is a beloved neighborhood in the heart of New York City, and this new plaza gives the people who live, work and visit there a vibrant place to gather, connect, and enjoy the community,” Mosley said. “Through the NY Forward program, New York State was able to help make this project a reality and bring new energy and excitement to the neighborhood.”

Before
After

The roughly 33-square-block neighborhood on Manhattan’s Lower West Side is primarily commercial, with more than 12 million square feet of office space. Due to its industrial history, the area’s streets are better suited to moving goods and vehicles than pedestrians.

Additionally, Hudson Square has historically been disconnected from adjacent neighborhoods like Soho, Tribeca, and the West Village.

However, efforts are underway to change that, as the area has seen an influx of residential development in recent years. To help spur investment in neighborhoods like Hudson Square, Gov. Kathy Hochul established the NY Forward grant program in 2022. In 2024, Hudson Square was selected as a winner during the program’s second round.

In January, development firm Avdoo closed on $63 million in financing for 68 King Street, where it plans to build a 200,000-square-foot luxury residential building.

A month earlier, the city selected a development team to build its first-ever combination affordable housing and recreation center on a vacant, city-owned parking lot at 388 Hudson Street, following a request for proposals issued the previous February.

To accommodate the growing residential population, there has also been increased investment in upgrading public spaces. At the southern edge of the 388 Hudson site, the city is moving forward with Hudson-Houston Plaza, a new 0.26-acre open space.

“Great neighborhoods need great public spaces,” Hope Knight, CEO and commissioner of Empire State Development, said. “Hudson Square Plaza builds on the neighborhood’s remarkable transformation by creating a welcoming new destination that connects people to local businesses, institutions and one another.”

“Through NY Forward, we are investing in the places and amenities that strengthen communities and help NYC neighborhoods continue to grow and thrive,” she added.

In addition to Hudson Square Plaza, the NY Forward grant is also funding several other projects in the neighborhood. These include the installation of a new eight-foot-tall bronze sculpture of Jackie Robinson at the Jackie Robinson Museum, the renovation of the NYC Fire Museum’s third-floor event space, and lighting upgrades throughout the Film Forum.

RELATED:

The post Hudson Square gets a colorful pedestrian plaza first appeared on 6sqft.

This post was originally published here. 

Nvidia CEO Jensen Huang delivered a dual message of caution and explosive financial optimism at a recent Scottish summit convened by King Charles, urging the artificial intelligence industry to prioritize “good old-fashioned engineering” while forecasting that his company’s chip sales will double next year.

While addressing mounting public anxiety over AI risks alongside leaders from Google DeepMind, OpenAI, and Anthropic, Huang made it clear that despite safety hurdles, the global AI gold rush is only accelerating.

When asked about Nvidia’s financial horizon amid broader tech scrutiny, the chief executive delivered a massive projection that underscores relentless international demand.

BESSENT SAYS US NEEDS MORE OPEN-SOURCE AI MODELS TO COMPETE WITH CHINA

“I expect Nvidia to sell twice as many chips this next year as we do this year,” Huang revealed, attributing the explosive growth to nations aggressively investing in localized AI infrastructure and cloud data centers.

Despite the bullish market outlook, Huang issued a stark directive to tech developers, warning them to keep half-baked products out of the hands of the public.

“It is the responsibility of the AI companies ourselves to develop the technology safely and to properly test it,” Huang told reporters. Acknowledging recent industry incidents, he emphasized they serve as a critical wake-up call. “If it’s not ready, just hold it back. You should go as fast as you can, but no faster than that.”

Huang firmly rejected comparisons between the current AI boom and the largely unchecked rise of social media. He argued that AI is a foundational technology—like a newly developed airplane engine—that requires contained, rigorous testing before release. Rather than entirely new regulatory frameworks, he suggested governments adapt the “incredible number of laws” already governing existing sectors like healthcare and transportation, where AI is being implemented.

Environmental concerns were another major focal point, aligning with the King’s mandate that AI must also serve the natural world. Addressing critics who fear massive AI data centers will drain global power grids, Huang acknowledged the “interesting dichotomy” of AI factories requiring immense energy.

However, he argued this relentless demand will actually catalyze a green energy revolution, sparking unprecedented investment in sustainable power options like fusion, fission, air, and hydro.

CLICK HERE TO GET FOX BUSINESS ON THE GO

“We want to be responsible in advancing the technology. Take responsibility and accountability for whenever there are mishaps,” Huang concluded. “But don’t lose sight of the ultimate prize, which is the incredible impact that the technology can bring to all the different economies and societies.”

This post was originally published here. 

The U.S. Congress has become dysfunctional, and it does not make one bit of difference which party is in power. Exhibit A: The federal budget and appropriations process is broken. For the thirtieth year in a row, Congress has failed to pass all the annual appropriations bills on its plate before the start of the next fiscal year.

It is clear that Congress cannot properly handle its primary spending and taxing functions in a timely manner. This is particularly shocking since Congress’ only annual responsibility under the Constitution is to fund the federal government. Astonishingly, Congress has only delivered on its fiscal responsibilities four times since World War II.

For the thirtieth year in a row, Congress did what it usually does. It failed to pass the bills on its plate and took its August break. It kicked the can down the road by passing a temporary continuing resolution (CR) that keeps the federal government funded when Congress and the President fail to enact the annual appropriations bills on time. 

Congress’ dysfunction is particularly disconcerting. After all, the federal government just experienced a record $432 billion deficit in the month of July and also surpassed the $40 trillion total federal debt threshold in August. If that is not bad enough, when the federal financial statements for the year ended September 30, 2026, are released, we project that the federal government’s total liabilities and unfunded obligations will exceed $147 trillion. That is up $11 trillion in one year and an increase from about $20 trillion in 2020.

It is time to enact major budget reforms to restore sanity, stability, and sustainability. First and foremost, we need to adopt a No Budget, No Pay Rule. Such a rule would mandate that, if Congress does not pass all the appropriations bills by the end of the applicable fiscal year, its members must stay in session until they do so. Members of Congress would not be paid until they pass all the appropriations bills, and there would be no retroactive pay. California passed similar legislation in 2010, and it worked. Whether you like California’s budgets or not, the state’s budgets are passed on time.

A federal No Budget, No Pay Rule would not require a constitutional amendment. It would, however, have to become effective in the next Congress, given the Twenty-Seventh Amendment to the U.S. Constitution, which requires an election before a change in a congressperson’s salary can take effect.

But what if Congress fails to pass the appropriations bills on time? The No Budget, No Pay Rule would be invoked. In addition to the Rule being invoked, automatic CRs would kick in. They would be set at the level of the prior year’s appropriations, with no inflation adjustment and with the elimination of any “one-year-only” funding. Such an automatic CR default rule would further incentivize Congress to complete its work on time. Among other things, this procedure would avoid the charades that surround periodic government shutdowns and debt-ceiling debates. Indeed, they would no longer exist.

Under the current rules of the game, Congress has lost control of federal spending. Over 75% of direct annual spending is on autopilot, and that percentage is climbing. That is up from 3% in 1913. It is time to impose an annual cap on all spending, except Social Security and interest on the debt.

The debt ceiling is a proverbial bad joke. It has failed to constrain the growth of the federal government and mounting debt burdens. It is time to explicitly repeal and replace the debt ceiling with a constitutional amendment focused on debt held by the public as a percentage of GDP (debt/GDP).

Specifically, it is time to pass a constitutional credit card limit for the federal government. We recommend that the limit be set at 110–120% of GDP. We also need to take steps to reduce debt as a percent of GDP to a more reasonable and sustainable level, for example, 90%, over the next 10–15 years. For context, our current debt held by the public as a percent of GDP is about 100%. The Congressional Budget Office (CBO) projects that, absent a change in course, debt held by the public as a percent of GDP will reach 175% in 30 years.

Since Congress has been unwilling and unable to pass a needed fiscal responsibility amendment to the U.S. Constitution, how do we reach the promised land? It is time for the states to force the issue. Under Article V, states can bypass a reluctant Congress and call a limited constitutional convention if two-thirds of them apply. That threshold has never been reached for fiscal reform, but roughly 20 states currently have live applications on record — well over half of what’s needed — and momentum has been building. It is time for the remaining states to finish the job.

In addition to a constitutional amendment, achieving much needed budget spending and revenue reforms will require a statutory commission that engages the American people with the facts and truth and solicits their inputs. Fortunately, Bipartisan Fiscal Commission Act bills are pending in both the House and the Senate. It is time for the House and Senate to pass and reconcile their bills for the President’s signature. If Uncle Sam wants to avoid a major debt crisis and ensure that our future is better than our past, the establishment of a fiscal commission and the adoption of a constitutional amendment are essential.

Steve H. Hanke is a Senior Contributing Columnist at Fortune, a professor of applied economics at The Johns Hopkins University, and a member of the Board of Directors at the Federal Fiscal Sustainability Foundation. He is also the co-editor, with Barry W. Poulson and John Merrifield, of Public Debt Sustainability: International Perspectives (Lexington Books, 2022). David M. Walker is the former Comptroller General of the United States and the Chairman of the Board of Directors at the Federal Fiscal Sustainability Foundation. He is also the co-author, with Joe Penland, Sr., of the forthcoming book, Saving Social Security and America’s Future: Common Sense Solutions.

The opinions expressed in Fortune.com commentary pieces are solely the views of their authors and do not necessarily reflect the opinions and beliefs of Fortune.

This story was originally featured on Fortune.com

This post was originally published here. 

The US House of Representatives passed a Russia sanctions bill on Wednesday intended to pressure the Kremlin to end the war in Ukraine.

The bill, called the “Lindsey O. Graham Sanctioning Russia and Iran Act of 2026,” passed by 262 to 159. It passed the Senate in August and is now en route to President Donald Trump’s desk for his signature.

The US sanctions bill targets Russia’s energy and defense industries, as well as its “shadow fleet” of tankers that evade existing sanctions, in order to deprive Moscow of revenues to finance the war.

It would also place sanctions on Russian President Vladimir Putin, several senior Kremlin officials, Russian financial institutions, and state-owned companies.

It would allow Trump to impose tariffs of up to 100% on buyers of Russian energy, such as China or India, in order to reduce their dependence on Russian oil and gas.

Ukraine's President Volodymyr Zelenskiy welcomes U.S. Senator Lindsey Graham (R-SC) before their meeting, amid Russia's attack on Ukraine, in Kyiv, Ukraine July 10, 2026.  (credit: Courtesty of Ukrainian Presidential Press Service/Handout via REUTERS )

What do the bill’s critics say?

Notably, the bill had critics on both sides of the aisle.

Republican critics of the bill privately expressed to party leadership that the tariff powers would drive up prices before the contentious midterm elections in November, two people familiar with the matter told CNN.

House Speaker Mike Johnson (R-Louisiana) rejected their request for changes, the sources added.

Democrats and a few Republicans argued that the bill gives Trump too much broad presidential power on tariffs.

“Why in the world would this Congress give this president additional authority to visit that kind of economic harm on the American people?” asked House Minority Leader Hakeem Jeffries (D-New York).

“The manner in which this bill has been written doesn’t require the president of the United States to impose sanctions on Russia. In fact, there are so many loopholes written into the bill, I believe, that it’s very unlikely that the sanctions relief contemplated in the legislation will ever see the light of day.”

However, the bill’s supporters say that it is a necessary punch to the Kremlin before winter sets in, and argue that Trump would not end up with more power on trade.

“Today, we are now one step closer to securing Lindsey’s vision of enduring peace in Ukraine and beyond,” Rep. Michael McCaul (R-Texas).

Zelensky praises Russia sanctions bill as a ‘powerful tool’ to stop war

Ukrainian President Volodymyr Zelensky voiced his support for the bill on Thursday, saying that it was “an extremely powerful tool that can stop this terrorist war and bring Russia to the necessity of establishing peace.”

“I thank the members of the House of Representatives, senators, and leaders of the US Congress for supporting this bill. Russia needs to end this war of its own,” he wrote on Telegram. 

The Kremlin said that if Trump signed the sanctions into law, it would make it harder to reach a peace deal in Ukraine.

“We are, of course, monitoring the progress of this document. It falls under the category of unfriendly actions, and of course the imposition of any additional sanctions by the US would certainly complicate efforts to find a peace settlement in Ukraine,” Kremlin spokesman Dmitry Peskov told reporters.

This post was originally published on here. 

“When I was a child in Beersheba, between Beersheba and Tel Aviv it was like light-years,” the mayor told The Jerusalem Post. “They called us the city of camels, the end of the world, a desert city.”

Danilovich, born in Beersheba in 1971 and mayor since 2008, has spent much of his political life trying to dismantle that image. Today, the city has around 223,600 residents and some 30,000 students studying at its higher-education institutions. Ben-Gurion University of the Negev alone has around 20,000 students and says roughly a third of Israel’s engineers graduate from BGU.

Those numbers help explain why Danilovich’s enthusiastic outlook on his hometown suggests a place seen less as Israel’s periphery and more as a place where several of the country’s largest national projects are now converging.

The IDF began moving units into its new technological campus in Beersheba in May, next to the Gav-Yam Negev high-tech park and close to BGU. Around 8,000 soldiers and career officers are ultimately expected to serve there. Northeast of the city, the Intelligence Campus near Shoket Junction is being built for well over 10,000 Intelligence Directorate personnel.

Across the road from the university, Gav-Yam says some 2,500 engineers already work for around 70 companies at its Beersheba technology park. Nvidia, meanwhile, has been expanding its presence in the city, tripling its office space and planning to recruit hundreds of employees.

Beersheba Mayor Ruvik Danilovich joins Nvidia representatives and employees at the inauguration of the company’s Beersheba offices. (credit:  Beersheba Municipality)

Beersheba’s tech ecosystem draws global companies

“The companies come by themselves,” Danilovich said. “They are not philanthropic. They are business companies. They come where it is worthwhile for them.”

He reeled off Microsoft, Dell, Nvidia, IBM and Deutsche Telekom before turning to the geography itself: the university, Soroka University Medical Center, the National Cyber Directorate, military technology units and defense companies, all clustered within a relatively small area.

“Show me another city – not in Israel, in the world – where in such a small radius there is such a concentration of knowledge,” he said.

That concentration is at the heart of what Danilovich repeatedly calls the “new Israeli dream.” The Negev accounts for around 60% of Israel’s territory and is home to roughly 1.5 million people. He argues that successive governments have allowed too much of the country’s population and economic activity to remain concentrated in the center, while neglecting the South’s sheer size and potential.

“The Negev is not the problem of the State of Israel,” he told the Post. “The Negev can be the solution.”

Beersheba mayor looks to aliyah to reshape Israel’s periphery

Aliyah is central to that proposal. Danilovich wants Israel to set a national target of one million new immigrants over five to seven years, paired with housing incentives, employment, and community infrastructure intended to encourage many to settle in the Negev and Galilee.

Beersheba has precedent for immigration changing the character of the city. More than 60,000 immigrants from the former Soviet Union arrived during the great aliyah wave of the 1990s, bringing doctors, engineers, academics, and a substantial new Russian-speaking community to Beersheba. Danilovich points particularly to Soroka, where some of the young immigrant physicians who arrived then would later rise to head hospital departments.

“When did we become the Start-Up Nation?” Danilovich asked. “When the gates of the former Soviet Union opened.”

Since October 7, he has also framed his aliyah drive around the rise in antisemitism abroad, particularly in countries such as Britain, France and Canada. His complaint is that while Israel has mechanisms for absorbing newcomers, it lacks the kind of large-scale national plan that could take advantage of a major new wave of immigration if one materialized.

“Come home,” he said. “We will receive you with open arms.”

Another part of that thinking is already taking shape in Beersheba. JNF-USA is developing a $350 million World Zionist Village in the city, whose master plan was approved in 2025. The organization now expects it to open in 2029, with plans for educational programs, accommodation and a center intended to bring young Jews and community leaders from around the world to spend meaningful periods of time in Israel.

Danilovich hopes some will stay. He is almost as interested, however, in those who eventually return to London, Toronto, Johannesburg, Melbourne or elsewhere after a year spent in Beersheba.

“Maybe you will want to make aliyah,” he said. “And even if you don’t, you will go back… but you will be a good ambassador for the State of Israel.”

War leaves its mark on Beersheba’s growth

Beersheba’s development has taken place alongside a less welcome constant: war. Soroka, the main hospital serving southern Israel, took a direct hit from an Iranian ballistic missile on June 19, 2025. The government subsequently approved NIS 360 million toward reconstruction, while philanthropist Sylvan Adams pledged another $100 million.

For Danilovich, the cranes that will rise at Soroka are something he has been through before. He was in his mid-30s when he defeated veteran mayor Yaakov Turner in the November 2008 election, after already serving a decade as deputy mayor. Within weeks, Beersheba was under rocket fire from Gaza during Operation Cast Lead.

Since then, he has led the city through repeated rounds of fighting, each followed, in his memory, by the return of construction.

“After every round ended, I would see the cranes in Beersheba,” he recalled. “Suddenly we are building another neighborhood, suddenly the lake, suddenly the amphitheater, suddenly the high-tech park, suddenly the stadium. We don’t stop for a moment.”

The physical change is obvious to anyone who remembers the older city. Beersheba River Park occupies land where sewage, rubbish and industrial waste once lined the banks of Nahal Beersheba; the rehabilitation project now stretches for kilometers through the city.

From football stadium to high tech, Danilovich eyes the next stage

Danilovich has his own, rather less grandiose benchmark. A former amateur football player, he remembers Beersheba’s old stadium as so uninviting that women and children rarely attended, and even decent toilets were a problem.

Today, he can list the stadium alongside the high-tech park, university, cultural institutions and national park River Park when describing how far his hometown has traveled. Yet after nearly 18 years as mayor, he is wary of sounding satisfied.

“A mayor who is satisfied is not a serious mayor,” Danilovich told the Post. “A mayor should never be satisfied, because he always has to aspire to the next thing.”

Danilovich has received many offers over the years to make the move into national politics, including approaches from prime ministers and other political leaders. He said he turned them down.

“My mission for the State of Israel, for my people and for my country is here,” he said. “It is in the Negev.

“If we do not make it flourish, if we do not strengthen it, if we do not build it and make it attractive, if it does not become the new Israeli dream, the State of Israel will be in danger.”

This post was originally published on here. 

The Palestinian population, already critical of Palestinian Authority President Mahmoud Abbas, may view renewed US sanctions against the PA and Palestinian Liberation Organization as another sign that the current leadership’s approach to Washington has “not produced sufficient political results,” Dr. Nabil Kukali, president and founder of the Palestinian Center for Public Opinion (PCPO), told The Jerusalem Post on Thursday.

The US State Department confirmed on Wednesday that the PLO and PA had failed to maintain their commitments under the PLO Commitments Compliance Act of 1989 (PLOCCA) and the Middle East Peace Commitments Act of 2002 (MEPCA), resulting in sanctions against Palestinian officials.

Beyond citing the PA’s continued stipends to Palestinian terrorists and failure to reform textbooks to remove the glorification of terrorism, the department said that the PA and PLO were initiating and supporting actions at international organizations that undermine or contradict prior commitments. These included efforts to internationalize the Israeli-Palestinian conflict through the International Criminal Court (ICC) and International Court of Justice (ICJ), as well as attempts to bypass negotiations by seeking unilateral recognition. As a result, the department announced that the US would deny visas to PLO members and PA officials.

The sanctions will prevent Abbas from attending the UN General Assembly in New York in person for the second consecutive year.

Kukali said he would be “cautious” about determining whether the sanctions alone would be enough to weaken Abbas’s camp electorally, given that there is not yet “enough evidence to isolate their effect from the much broader set of factors shaping Palestinian voters’ attitudes,” including the economic situation, security, the war and its consequences, governance, institutional performance and the prospects for a political solution.

Palestinian President Mahmoud Abbas poses for a group picture on the day of the newly elected Fatah Central Committee meeting in Ramallah in the West Bank, June 3, 2026. (credit: PPO/Handout/REUTERS)

However, Kukali said there may still be significant domestic political consequences beyond the potential impact on the Palestinian Legislative Council elections, particularly among Palestinians already critical of the PA.

“The US measures may reinforce the argument that the PA’s diplomatic approach and its relationship with Washington have not produced sufficient political results,” he said, arguing that the announcement could spark a broader debate over Palestinian political strategy.

Pro-Abbas Fatah supporters may see sanctions as external pressure effort

Fatah supporters in the pro-Abbas camp may instead view the sanctions as an attempt to apply external pressure on the Palestinian leadership following its efforts to take Israel to international courts, Kukali said. In such a case, he explained, it would be inaccurate to assume that Abbas would suffer a domestic political loss.

He noted that while more than half (57.2%) of Palestinians polled by PCPO previously said that Washington would continue to support Israel, only 20.4% said they believed the US would adopt a “more balanced role in the future.” At the same time, he said there are significant indications that American voters support recognition of Palestinian statehood.

“The recent US measures toward Palestinian officials themselves illustrate how official Washington policy may continue to move differently from some of the trends emerging within American society,” he said, suggesting that the sanctions could potentially generate a greater reaction among American voters than among Palestinians.

“Some Palestinians may increasingly perceive a gap between attitudes within American society and the policies of the US administration toward Palestinians. Whether that perception will actually affect how they evaluate President Abbas or Fatah is a separate question, and I do not think its outcome should be assumed in advance.”

While Kukali said he doubted the measures would automatically affect Palestinian politics, he acknowledged that the timing of the sanctions mattered. The PLC elections are scheduled for November 28, and “any developments affecting the Palestinian leadership’s international standing, its relationship with Washington, or public perceptions of the effectiveness of its political strategy” could shape the electoral debate.

Though Kukali was uncertain about the impact the sanctions would have on the elections, Prof. Kobi Michael, a senior researcher at the Institute for National Security Studies (INSS) and a visiting professor at the International Center for Policing and Security at the University of South Wales, told the Post that he thought Hamas would use Abbas’s failures as a way to demonstrate to voters that Fatah’s political struggle has been ineffectual compared to Hamas’s armed “resistance.”

Michael: Fatah reform bloc, Hamas will use Abbas’s failures against him 

The Fatah Reform Democratic bloc and Hamas “will use it to claim that [Abbas] is history and must leave and only they will be able to make the changes [needed] to recruit international support,” he theorized.

Although he saw the restrictions on Abbas as a potential avenue for Hamas to market itself as a more powerful and effective alternative, Michael said he doubted Abbas would let the elections go ahead in November as planned. 

This post was originally published on here. 

A Magistrates Court in Brisbane, Australia, sentenced Matthew Alexander Donald De Campo, 32, to six months in prison on Thursday for ramming his vehicle into the gates of the city’s Great Synagogue in February.

Despite the prison sentence, Magistrate Megan Power ordered De Campo’s immediate release on a good behavior bond, crediting him for the 83 days he had already spent in custody.

De Campo pleaded guilty to willful damage and two drug-related offenses. Queensland Police initially charged him with willful damage aggravated by the circumstances of a hate crime, but during the hearing that concluded with sentencing, the prosecution asked to remove the aggravating circumstance. 

De Campo caused AU$12,000 of damage

The incident occurred on February 20, shortly after 7:15 p.m. Security camera footage shows De Campo’s vehicle arriving at the synagogue on Margaret Street in central Brisbane, then accelerating in reverse into the gates. One of the gates was torn from its mountings, and the resulting damage was estimated at approximately AU$12,000.

No one was injured during the ramming, but a person standing behind the gate at the time spotted the vehicle and quickly moved out of its path just moments before the gate collapsed.

Following the impact, De Campo fled the scene. Police tracked his vehicle with the aid of a helicopter and arrested him shortly thereafter. 

At the time of the incident, police stated that the impact on the gates was deliberate; however, there was no indication of an intent to harm anyone or to enter the synagogue, and the case was not investigated as an act of terror.

De Campo allegedly suffered from severe mental health issues

The court heard that De Campo was in a severe mental state at the time of the incident. The judge noted that his conduct toward police indicated that he appeared paranoid and was suffering from delusions. 

The defense argued that he had deteriorated into cannabis and methamphetamine use and that his condition at the time of the incident had been affected by the drugs. 

After he was released on bail in May, De Campo entered a three-month rehabilitation program. The defense presented the court with his rehabilitation progress, and he pleaded guilty to the charges against him.

The judge sentenced him to six months in prison for causing the damage, but ordered his immediate conditional release. The 83 days he had already spent in custody were recognized as part of the prison term, and he will serve the remainder of the sentence under the release conditions imposed on him.

This post was originally published on here. 

Lawmakers joined faith-based leaders and community advocates for a press conference on Capitol Hill on Wednesday to push for the swift passage of the Right to Worship Act, a bipartisan, bicameral bill that would establish federal protest-free buffer zones around houses of worship.

The legislation would create a 100-foot perimeter around religious institutions during services, making it unlawful to knowingly disrupt, impede, threaten, or intimidate individuals attempting to practice their faith.

The proponents emphasized that rising incidents of harassment and targeting at religious sites necessitate federal intervention to protect worshippers across denominations.

“Exercising your right to worship should not require you to exhibit particular courage as you enter your synagogue, church, mosque, temple, mandir, or gurdwara,” said Representative Tom Suozzi. “I will always stand up for people’s right to protest peacefully, but attendees of religious services should not be harassed, threatened, intimidated, or targeted for practicing their faith.”

The bill is sponsored in the House by Suozzi and Representative Brad Knott, alongside a companion measure in the Senate introduced by Senators Ted Cruz and Elissa Slotkin.

Protesters of the ''buffer zone'' legislation gather outside New York City Hall on March 26, 2026. (credit: Jewish Telegraphic Agency)

The legislation also imposes civil penalties for violations and authorizes individuals, the US Attorney General, and state attorneys general to file suit against violators, while explicitly excluding peaceful expression protected by the First Amendment.

Supporters at the press conference highlighted that the pressure facing religious communities extends across the political and geographic spectrum. “The breadth of support for the Right to Worship Act is very gratifying,” Suozzi said. “So many groups recognize the horrifying reality that the threat to the freedom to worship is not unique to any one faith or congregation. Every religious community feels it, which is why this bill will protect everybody.”

Knott echoed those sentiments during the conference, stating that the proposal strikes a necessary balance between safeguarding public assembly and ensuring safety. “The Right to Worship Act protects peaceful speech while restoring essential protections for Americans by empowering worshippers against those who seek to intimidate them.”

The legislation has garnered endorsements from more than twenty national religious and civil rights organizations, including the Anti-Defamation League, the American Jewish Committee, the Islamic Society of North America, and the Hindu American Foundation. 

Alyza D. Lewin, President of US Affairs for the Combat Antisemitism Movement, emphasized the vulnerability faced by congregants since late 2023. “In the aftermath of October 7th, Jews have had to endure violent threats and intimidating harassment just to enter synagogues to practice their faith and gather as a community,” Lewin said. Drawing a parallel to existing protections, Lewin added, “We place buffer zones around polling stations so that individuals can complete their ballots in peace, without being heckled or intimidated. Surely religious worship, an activity covered by the First Amendment, deserves as much protection as voting. Americans must be able to practice their faith free from harassment and intimidation.”

Jonathan Greenblatt, CEO of the ADL, stressed the urgency of the measure given recent security challenges. “No one should have to push through a hostile crowd or shout over a bullhorn in an attempt to pray,” Greenblatt said. “The Right to Worship Act gives law enforcement and communities the tools they need to prevent these disruptions before they escalate, while still respecting every American’s First Amendment rights.”

This post was originally published on here. 

The US helped evacuate 9,000 US citizens in the first months of the war with Iran. In addition, Iran carried out 600 attacks in Iraq, either directly from Iran or using proxies.

A Lead Inspector General Report to the United States Congress regarding the US war on Iran has provided new details about the extent of the war effort and the challenges involved.

Although some of the details were known, such as the Iranian attacks on US bases around the region, the report provides new data on aspects of the campaign. It covers the period April-June 2026. Usually these kinds of reports are released several months after the period they cover.

One of the key pieces of information provided is the extent of the US deployment in the region.

The report says that “more than 50,000 US Service Members were deployed throughout the US CENTCOM area of responsibility (AOR) in support of OEF [Operation Epic Fury].”

A US Air Force MQ-9 Reaper unmanned aerial vehicle flies by over the former Roosevelt Roads naval base in Ceiba, Puerto Rico, May 16, 2026. (credit: REUTERS/RICARDO ARDUENGO)

Report details scale of US military buildup in region

The report noted that “force flows continued into the region in the days after major combat operations began. CENTCOM reported that force presence and disposition have changed throughout the conflict.”

During the conflict, more than a dozen fighter squadrons, along with a similar number of navy destroyers and air defense batteries, were in the region.

The US also deployed the Terminal High Altitude Area Defense (THAAD) ballistic missile defense batteries. Some of these have already been deployed in the region over the years to counter missile threats. For instance, Iran launched large numbers of ballistic missiles at Israel in 2024 and 2025. The US also deployed the High Mobility Artillery Rocket System (HIMARS) and elements of the 82nd Airborne Division.

The new report provides some spotlight on the funding for the war. This has been one of those issues that has popped up in Washington during hearings. The report says that the “Office of the Under Secretary of War (Comptroller) Chief Financial Officer (OUSW[C]) estimated the cost of OEF to be $33.4 billion as of June 29.” This includes more than 20 billion in munitions. The costs do not include all the needs for repairs of various bases and sites. New photos have revealed some of the destruction caused by Iranian attacks since February.

One of the issues the US had to address because of the Iranian attacks was to shift some military assets around the region. For instance, it is known that the US has used Jordanian bases and also moved refuelers to Israel.

The report says that while “Bahrain had been US Navy Central’s (USNAVCENT) main logistics hub to sustain operations in the Persian Gulf region…during major combat operations, Iran targeted Bahrain with OWUAS [attack drones] and ballistic missile strikes.

US shifted naval resources amid Gulf base vulnerabilities

CENTCOM stated that it initially shifted naval sustainment resources from Bahrain to alternate hubs.” This illustrates a key theme that has been raised during the war regarding the vulnerability of bases in the Gulf near Iran. Iran has targeted US bases in Kuwait, Bahrain, Jordan, and other places. It also targeted diplomatic facilities in Iraq.

The US supported local partners in the Gulf to counter the Iranian threats. “This has included the provision of military sales, training, and information-sharing to Gulf partners.” The US says that the Gulf partners demonstrated “significant air defense capabilities.”

This would likely refer to Kuwait, Bahrain, Qatar, the UAE, and Saudi Arabia.

The battle helped cement cooperation. “US forces embedded in partner air operations centers across the region, which supported coordination, deconfliction, and synchronization of air defense efforts. The Middle East Defense Network, an integrated missile defense architecture in the region, intercepted more than 6,000 OWUAS and more than 1,500 ballistic missiles that targeted US and partner forces.”

CENTCOM likely learned a lot from this conflict, and this also impacts CENTCOM’s work with the IDF. This work has been ongoing for years.

However, a real conflict situation, much like the conflict with Iran in 2025 and the missile barrages, helps militaries learn to fight in real time. US Central Command “reported that Iranian strikes damaged and destroyed hundreds of buildings and structures at US bases in Kuwait, Bahrain, Qatar, UAE, Saudi Arabia, Iraq, Oman, and Jordan during the conflict. In addition, dozens of US aircraft were destroyed or damaged during [Epic Fury].”

Iran also targeted US diplomatic facilities. This included 600 attacks in Iraq.

The inspector’s report notes that “the US Consulate General in Erbil’s new consulate compound suffered damage to multiple buildings. The US Embassy in Baghdad suffered damage but to a lesser extent.

The Baghdad Diplomatic Support Compound, located near Baghdad International Airport, suffered extensive damage, but the facility was already in the process of closing due to a decision that was made before the current conflict began.”

US evacuation effort moved thousands out of conflict zones

Due to the war, the US helped citizens evacuate.  In total, around 9,000 were evacuated, with 6,500 of those evacuating from Israel. While the cost of evacuating people from Israel was quite low, the US did pay millions to evacuate people from other places such as Jordan and Iraq.

It was not clear why it was so expensive to evacuate people from Jordan, but not Israel. Around 50 people were evacuated from Jordan, while 850 left Qatar and 16 were evacuated from Bahrain. These were people in contact with the US State Department. 

This post was originally published on here. 

US President Donald Trump said that if Canada became an associate member of the European Union, he would consider it a “hostile act” in comments to the press on Wednesday.

“If they do that, if I think it’s at all a hostile act, I will put very serious tariffs or stop trading with Europe on many things,” Trump said, calling the proposal “laughable.”

“If it’s a good intention, that’s fine. If it’s a bad intention, we’ll put very heavy tariffs on Europe, which is a possibility,” he said, adding that Canada had been a “terrible trade partner.”

Canada and the US are currently in a trade war, which is straining relations between the two neighboring countries and leaving Ottawa to seek new trade partners.

Canadian Prime Minister Mark Carney addresses the European Parliament in Strasbourg, France September 17, 2026. (credit: REUTERS/YVES HERMAN)

Von der Leyen pushes for Canada to become EU associate member

On Wednesday, European Commission President Ursula von der Leyen announced that she wanted to work with Canada to join the EU as an associate member.

“We want to bring the relationship with Canada to the highest level possible,” von der Leyen said. “So, I would like to work with you on opening the door for Canada to be the first associate member of the EU.”

“Canadians are united that nobody is going to tell us what language we speak. No one is going to dictate our culture or with whom we can strike agreements internationally,” Canadian Prime Minister Mark Carney said in response to Trump.

Hours after Trump’s trade threats, Carney spoke in the European Parliament.

Carney did not adopt the term “associate member,” which von der Leyen used a day earlier, but said he appreciated “the ambition” her suggestion conveyed.

“Europe and Canada are each strong. Europe and Canada are even stronger together,” Carney said.

He was not seeking to form a “third bloc” to act as “a great-power rival” to Washington and Beijing “only with better manners,” Carney said, drawing laughs.

“We do not seek power to dominate others. On the contrary, we are pursuing resilience, so that no one can control our open markets, impair our sovereignty, threaten our territorial integrity, or undermine our freedoms, our democracies, our rule of law.”

He told reporters after the speech that the EU would decide how to describe any future relationship, and that the substance of any agreement would matter more than the name.

Canada, of course, cannot fully join the EU because it is not geographically in Europe. But Carney said on Sunday that he was seeking a “unique alliance” with the bloc.

What would Canada’s ‘unique alliance’ with the EU look like?

The Wall Street Journal reported over the weekend that it could mean the EU and Canada would reduce trade barriers, lay underwater cables linking the two countries, redirect pipelines to grant Europe access to Canadian gas, and potentially allow Canadians the right to work in Europe without a visa. 

If the terms reported by the WSJ are correct, it would mark an unprecedented shift in how the bloc operates.

It is also unclear whether current EU member states would support the proposed measures.

One EU diplomat expressed surprise on Wednesday at the proposal, saying “nobody really knows what it means,” and added that there were concerns the European Commission chief was “overpromising and won’t be able to deliver.”

On Thursday, another European diplomat called it an “unfortunate proposal, which has never been discussed with Member States.”

This post was originally published on here. 

Scandinavian Airlines (SAS) canceled plans to resume direct flights between Israel and Denmark, the airline said on Thursday.

SAS, the largest airline in northern Europe, said the decision followed a reassessment of the planned Copenhagen-Tel Aviv route.

“Following the latest assessment we conducted in recent days regarding operational and commercial factors, we have concluded that conditions are not yet suitable for launching the planned Copenhagen to Tel Aviv route at this time.”

The airline added that “Tel Aviv remains an important destination for SAS and for our customers, and we will continue to monitor developments and examine the opportunity to launch the route in the future.”

A SAS (Scandinavian Airlines) Airbus A330 approaches Los Angeles International Airport for a landing from Copenhagen on January 29, 2026 in Los Angeles, California. (credit: Kevin Carter/Getty Images)

Flights initially stopped in 2016, then briefly resumed in 2025

SAS stopped flying to Israel in March 2016 and briefly resumed service in October 2025. Several months later, however, it suspended the flights again.

The route initially operated three times a week, but after several months, SAS suspended its operations in Israel as well as at its other destinations in the Middle East.

This post was originally published on here. 

Serbian President Aleksandar Vucic said on Thursday that Serbia had opened a factory to assemble advanced Israeli-made drones, which will supply the Serbian military and armed forces in other countries.

The plant will assemble “state-of-the-art” Israeli-designed drones and will employ about 100 workers, he said in a post on Instagram.

The government and its Israeli partners expect to open at least three more factories across the country, he added.

Journalists were not invited to visit the facility due to the confidentiality of the production process.

Vucic released only limited footage of the facility, saying the public would be impressed by what was being produced there.

This is a developing story.

This post was originally published on here. 

Prime Minister Benjamin Netanyahu is adding a stop in Texas to his brief visit to the US for next week’s UN General Assembly, with a visit to tour SpaceX facilities, a political source confirmed to The Jerusalem Post on Friday.

Netanyahu’s US visit is expected to last just two days because the must return to Israel before the start of Sukkot.

The Texas option has not yet been finalized, and the tight schedule has prompted curiosity even among officials involved in preparations for the visit.

Texas is home to several prominent Republican politicians identified with support for Israel, including Sen. Ted Cruz, and in recent years has also become a significant hub for technology, investment, and trade ties with Israel.

One possibility under consideration is for Netanyahu not to stay overnight in New York at all, but merely to travel there to address the General Assembly. The prime minister could instead spend his only night in the US in Texas or another destination that has yet to be determined.

rime Minister Benjamin Netanyahu (R) greets US Senator Ted Cruz (L) after speaking to a joint meeting of Congress at the US Capitol on July 24, 2024, in Washington, DC.  (credit: Saul Loeb/AFP via Getty Images)

Texas doubles investment in Israel Bonds

According to official Texas state data, trade between Texas and Israel totaled approximately $4 billion in 2024. During the preceding decade, 34 Israeli investment projects in the state were reported, totaling approximately $3.2 billion and creating more than 4,200 jobs. Earlier this year, Texas also doubled its investment in Israel Bonds to approximately $280 million and is moving forward with plans to establish a state economic office in Jerusalem.

At this stage, however, it is not known what specific event or meeting is behind the possibility of Netanyahu traveling to Texas, and no final decision has been made to add the stop to his schedule.

Netanyahu is expected to address the UN next Thursday, most likely at 9 p.m. Israel time.

This post was originally published on here. 

Seventeen free, accessible public restrooms are coming to New York City, helping New Yorkers relieve themselves while also relieving the city’s shortage of the facilities. Mayor Zohran Mamdani on Wednesday announced that installation has begun on the public restrooms in public plazas and high-traffic areas where New Yorkers currently lack reliable access to a bathroom, as part of a $4 million pilot program the mayor unveiled in January. To access the toilet, users must either text or scan a QR code on their cell phone or tap a key card provided by local businesses or nonprofit groups.

Credit: Ed Reed/Mayoral Photography Office on Flickr

New Yorkers will be able to enter the bathrooms by text message, by scanning a QR code, through the Throne Bathroom Network app, or with tap cards distributed by local community partners. The app also provides information on the nearest bathroom, real-time cleanliness ratings, and unit availability.

Users get 10 minutes inside the bathroom before the door opens, accompanied by flashing lights and audio that warns about the door opening.

The ADA-accessible and touchless modular restrooms will be free and open daily from 7 a.m. to 10 p.m.

The pilot program will run for one year, with installation beginning this week at the following locations:

  • Manhattan: Cooper Square, Malcolm X Plaza, Delancey Street and Suffolk Street, and Plaza Alianza Dominicana.
  • Queens: Astoria Boulevard South and 31st Street, Northern Boulevard and 31st Street, Northern Boulevard and 54th Street, and 34th Avenue and 64th Street.
  • Brooklyn: Columbus Park, Milestone Park, Fulton Street and Truxton Street, and Avenue C Plaza.
  • The Bronx: Yankee Stadium, Admiral Farragut Playground, Mapes Park, and Monsignor Raul Del Valle Square.
  • Staten Island: North Shore Esplanade

“Too many New Yorkers know what it’s like to have nowhere to go while they’re on the go,” Mamdani said. “This pilot is about making sure New Yorkers can count on a clean, safe, accessible bathroom when they need one. We are going to learn from this pilot and build a public bathroom network that meets the needs of New Yorkers in every borough.”

The initiative seeks to address a longstanding gap in the five boroughs’ public infrastructure: a lack of public restrooms. NYC currently has roughly 1,000 public bathrooms, about 70 percent of which are located in parks, meaning there is only one bathroom for every 8,500 New Yorkers.

Addressing the shortage has been a recurring priority for previous mayoral administrations, and Mamdani is now seeking to expand those efforts. Earlier this year, the mayor issued a request for proposals (RFP) seeking manufacturers to create high-quality, modular public restrooms that can be installed more quickly and cheaply than traditional facilities.

Similar to facilities already deployed in cities like Los Angeles and Portland, the modular units can operate without direct connection to the city’s sewer and water lines, accelerating installation, as 6sqft previously reported. This also allows them to be easily deployed, relocated, or removed as community needs change.

In June, the city’s Economic Development Corporation selected Throne Labs to deliver, operate, and service the bathrooms. The company currently operates a fleet of public restrooms in Washington, D.C., Los Angeles, Atlanta, Seattle, California’s Bay Area, and Detroit.

Throne Labs will be responsible for cleaning and maintaining each unit. Real-time feedback will allow the company to quickly respond to issues and prioritize units that need attention.

“My gut has always caused me issues, and I try not to leave my house without knowing exactly where the nearest restroom is going to be,” Fletcher Wilson, co-founder and CEO of Throne Labs, said. “That constant worry follows me everywhere.”

“We started Throne to solve exactly this problem, and we’re proud to bring our restroom solution to all five boroughs of NYC,” he added. “This launch is personal to me, and I hope it makes daily life a little easier for everyone who calls this city home.”

RELATED:

The post 17 free public restrooms installed in NYC first appeared on 6sqft.

This post was originally published here. 

The entrepreneur behind TikTok and Douyin is now the richest person in Asia—and AI is helping fuel his rise to the top.

Zhang Yiming, the founder of TikTok parent company ByteDance, has just overtaken Indian tycoon Gautam Adani as the richest person in Asia, according to Bloomberg, who currently boasts a net worth of $104.8 billion.

Despite regulatory hurdles that nearly shut down one of his most popular apps in the U.S., TikTok, Zhang’s fortune has swelled to a whopping $105.5 billion.

Zhang, who owns around 21% of his company, saw his net worth skyrocket $12 billion this month alone following new valuations from BlackRock and Fidelity. 

Now, his riches are nearly eight times greater than the $13 billion he had to his name in 2019—when Bloomberg first began monitoring his net worth. And AI has been one of the biggest wealth drivers. 

How AI helped TikTok’s founder become even richer: ‘He plays his cards right’

The Chinese billionaire won out on the AI boom by taking big swings at the right time. 

Zhang developed ByteDance’s AI technology in the midst of the U.S.-TikTok standoff; and Bloomberg reporting said that the company can leverage data from its social media apps to train its AI models. These advanced tech products may be the business’ biggest growth engines aside from the success of its video platform, boasting over a billion of daily active TikTok users, and hundreds of millions of people on Douyin.

“He plays his cards right,” Lian Jye Su, chief analyst at research firm Omdia, told Bloomberg. “He stayed on course and then continued to double down on AI investment.”

Zhang’s rise is one of many examples of how AI is reshaping the billionaire ranks—creating new fortunes, and rapidly growing the wealth of some of the world’s richest people.

AI is minting new billionaires and sending net worths soaring

The world’s richest entrepreneurs have watched their net worths skyrocket and plummet at the whim of the stock market. And just like Zhang, Michael Dell—the founder and CEO of pioneering tech company Dell Technologies—nearly doubled his wealth in just one year thanks to the AI boom. Now, he’s the fifth richest man in the world.

The 61-year-old entrepreneur, who owns 40% of his tech company, has gained around $122 billion since this month in 2025, nearly doubling his wealth to a whopping $262 billion, according to the Bloomberg Billionaires Index. 

During its Q1 fiscal 2027 financial results earlier this year, Dell reported better-than-expected quarterly adjusted earnings, which has more than tripled from the year before as AI-optimized server revenue rocketed 757% to $16.1 billion. That helped Dell shoot past Zuckerberg on the billionaires list. 

Similarly, Google cofounder Larry Page overtook Jeff Bezos in net worth last year after unveiling a new AI product. Following the debut of his business’ latest AI model Gemini 3 in December 2025, he enjoyed a net worth surge of $6 billion in November 2025, sending his fortune soaring to $252 billion. 

The innovation—seen as an improvement from Gemini 2.5 released around eight months ago—ignited optimism from investors and analysts, causing Alphabet stock to jump 3%. And in the months since, his investments have only continued to pay off, with Page’s net worth swelling to $293 billion today. Now, he’s the second richest person in the world, per Bloomberg’s estimate. 

And AI isn’t just accelerating the wealth of established bigwigs—it’s also adding young newcomers to the billionaire club. 

Last year the number of self-made billionaires under 30 hit an all-time high, according to an analysis from Forbes. 

The majority made their wealth by jumping on the AI industry while it’s hot. For example, 25-year-old Sualeh Asif found success as the creator of company Anysphere—the team behind popular $29.3 billion AI editing tool Cursor. And Gen Zers Adarsh Hiremath and Surya Midha hit ten figures in cofounding Mercor: an AI-powered recruiting startup helping connect talent with Silicon Valley’s biggest AI labs. 

Of the 11 young entrepreneurs who became billionaires analyzed, eight saw their fortunes boom through their AI innovations.

This story was originally featured on Fortune.com

This post was originally published here. 

Jewish students in Germany experience significantly greater psychological strain than their non-Jewish peers, a new study by researchers from the University of Regensburg and the Sigmund Freud Private University Berlin has revealed. 

Between June and September 2024, the researchers surveyed 320 students in Germany online, 151 of whom self-identified as Jewish. They examined stress, anxiety, depression, and self-esteem using established questionnaires, as well as personally perceived antisemitism, sense of safety, Jewish identification, and connection to Israel. 

Perceived antisemitism refers to respondents’ personal assessment of how widespread and severe antisemitic attitudes are, based on three areas: antisemitism in German society generally, Israel-related antisemitism, and antisemitism in academic settings. 

The study found that Jewish students reported significantly higher levels of anxiety, depression, and stress than their non-Jewish peers. The largest statistical difference appeared in anxiety. There was no difference between the groups in terms of self-esteem. 

The researchers found that, even after statistically accounting for age, gender, income, political orientation, and psychiatric history, Jewish identity remained an independent predictor of all three measures of psychological strain.

 Pro-Palestinian protests in Berlin. (credit: Pommer Irina. Via Shutterstock)

Within the group of Jewish students, the researchers examined which factors were associated with psychological strain. 

Perceived antisemitism had the strongest association: the more strongly respondents perceived antisemitism in society, in relation to Israel and in academic settings, the higher their levels of stress, anxiety and depression. A stronger connection to Israel was also associated with higher stress levels.

Over half surveyed said they do not feel safe as Jews in Germany

Of the Jewish students surveyed, 54.3% said they did not feel or rather did not feel safe as Jewish people in Germany, and 86.8% attributed the increase in antisemitism they perceived to the Hamas terror attack on Israel on October 7, 2023, and the subsequent social and political developments.

The study revealed another noteworthy finding: The respondents’ Jewish identification did not weaken as a result of antisemitism, but instead increased. This meant that the more strongly respondents perceived antisemitism, the more strongly they described their Jewish identity. 

“The study suggests that psychosocial counseling centers at universities should be sensitized to identity-related stress as well as subtle forms of antisemitism,” said study lead Dr. Irina Jarvers, a clinical neuroscientist at the University of Regensburg. 

Jarvers: Personal resource strengthening programs can help mitigate psychological strain

She also concluded that, since self-esteem was found to be a protective factor, programs that strengthen personal resources and coping strategies could help mitigate some of the psychological strain.

As a preventative measure, she suggested that universities explicitly address antisemitism in their diversity strategies and promote “respectful interaction” in politically charged debates.

This post was originally published on here. 

The Houthis pose a threat to the region, and they have demonstrated their capabilities through their recent offensive along the Red Sea. A new report by Conflict Armament Research examines the sources of their weapons and highlights their continued close ties to Iran.

Rob Hunter-Perkins, the Head of Research at Conflict Armament Research, said in a recent report from the group that “external support remains a key factor in the Houthis ’ ability to sustain operations, and the evidence suggests that there is a high degree of planning and coordination on these supplies.”

Hunter-Perkins added that “in some cases, the Houthis are even receiving missiles in ready-made kits with assembly instructions.

Conflict Armament Research has documented these assembly labels, which indicate which component belongs to what missile system, and all of these labels use Iranian missile designations, rather than the terms that the Houthis themselves use.”

CAR has produced important reports over the past decade, documenting the Houthis’ various weapons programs and also the origins of their drone and missile program.

A ship off the port of Aden, where traffic remained steady after the Iran-aligned Houthis said their forces had carried out missile and drone strikes on Saudi oil tankers, in Aden, Yemen, July 23, 2026.  (credit: REUTERS/STRINGER)

CAR tracks Houthi weapons buildup across Yemen

Conflict Armament Research said that it “has worked with partner authorities in Yemen and the wider Gulf region to document weapons, ammunition, drones, and improvised explosive devices developed or acquired by the Houthis since 2015, with our most recent deployment to the country in September 2026.”

Fabian Hinz, a Senior Analyst at CAR noted that “Iranian support has been crucial to the buildup of Houthi military capabilities. Iran has managed to secure a seemingly steady flow of technology to the Houthis and has proven willing to share even some of its most advanced capabilities, such as the Kheybarshekan medium-range ballistic missile, with the group.”

CAR put out its most recent report in the wake of the new advances of the Houthis. Overall, the trends among the Houthis remain the same as in the past. They base their weapons on Iranian designs. They have anti-ship, surface-to-air, and ballistic missiles. They recently claimed to shoot down an F-15. They have also attacked various cities in Saudi Arabia.

“While much attention has focused on the Houthis’ buildup of longer-range strike capabilities, the group has also amassed a wide variety of systems aimed at strengthening its warfighting capabilities within Yemen, including small UAVs such as loitering munitions and first-person view (FPV)s, artillery rockets, close-range ballistic missiles, and anti-tank guided missiles,” CAR notes.

“Crucially, this includes evidence of Houthi experimentation with technology that Conflict Armament Research has not documented in the possession of any armed group elsewhere in the world, such as navigation modules and propellers that may be used in loitering torpedoes, which would greatly extend the Houthis’ ability to attack maritime targets.”

Houthi coastal advances could strengthen attacks on shipping

The new report argues that the Houthis capture of the Red Sea coast “would significantly improve their maritime posture. Using these areas as launch sites for short-range reconnaissance and strike assets would enable much closer surveillance of maritime traffic through the strait and more effective targeting of vessels attempting to transit it.”

Iran has shipped complete weapons in the past. In addition, it helped enable a local manufacturing base. With the US blockade, the Houthis will likely have a harder time acquiring weapons. “There is also evidence to suggest that the Houthis are now using the technological foundation provided by Iran to pursue their own research and development efforts, such as using hydrogen power to increase the range of its uncrewed systems,” CAR noted.

Hunter-Perkins noted, in the recent report, that “Conflict Armament Research has analyzed over 800 weapon components from Yemen in the past year, and the vast majority found in Iranian missiles and drones in Yemen are foreign.” That means Iran also isn’t building most of these items at home, but is instead finding a way to get components from other countries. In fact, the CAR report noted the components come from “16 countries and territories, and include commercially available components.

As much as the Houthis depend on external supply of Iranian-origin weapons, Iran itself clearly depends on critical foreign technology to sustain its production of missiles and drones.”

This post was originally published on here. 

The Houthi advances in Yemen have taken Saudi Arabia and the Middle East by surprise. Riyadh had been working on cementing a new defensive alliance with Turkey and Pakistan on the eve of the Houthi attacks. Now, some commentators seem to think the Saudi-Pakistan-Turkey pact may already be in jeopardy.

The question is whether this may be a misreading of what is going on. First, a sampling of articles. NDTV notes “the Houthis have exposed Saudi-Pak-Turkey pact for what it is.” Ynet News notes “Houthi attacks reach Mecca, exposing limits of Saudi defense pact with Turkey and Pakistan.”

Al Jazeera asks what is next for the defense pact. Middle East Eye noted, “Why the Mecca defense pact hasn’t triggered action against the Houthis.” It goes on to say that a “Turkish official argues new alliance with Saudi Arabia and Pakistan needs time to become operational.” Jacobin had argued that the “Mecca Agreement between Saudi Arabia, Turkey, and Pakistan is a response to insecurity and waning American power in the region” and compared it to NATO.

Just days and weeks ago, reports suggested more countries might join the pact. Deutsche Welle, for instance, noted that “while Bangladesh weighs the risks of signing the Mecca Joint Defense Agreement, experts warn that such a move could complicate relations.”

Also, The Japan Times noted, “Pakistan faces pressure to pick a side as Saudi tensions with Houthis escalate.” That article adds, “Fighting between Yemen’s Iran-backed Houthi movement and Saudi forces is increasingly testing how long Pakistan can hold both positions at.”

In this handout screen grab captured from a video provided by Houthi Media Center, Yemeni Houthi group fighters inspect debris from a Karayel drone of the Saudi-backed forces after it was downed by the Houthi-run air forces during the ongoing fighting in Yemen, September 10, 2026. (credit: Handout by Houthi Media Center via Getty Images)

The assumption that the Mecca pact might lead to Turkey and Pakistan fighting the Houthis may be part of the false assumptions about the alliance itself. It is a defensive alliance. It can be argued that the Saudis intervened in Yemen in 2015 and therefore it is not a “defensive war.”

In addition, the war was already ongoing when the deal was signed. There was no hint in the signing that Riyadh was going to call on these two countries to send troops to Yemen or send air defenses to the Kingdom. Furthermore, Pakistan and Saudi Arabia were already working together on defense issues, and Pakistan was not being asked to go into Yemen.

Mecca Joint Defense Agreement vs North Atlantic Treaty Organization

It may be instructive to look back at other historic alliances to understand the challenges that are faced by the new partners. NATO, the North Atlantic Treaty Organization, was founded in 1949 by the United States, Canada and ten Western European countries amid growing tensions with the Soviet Union. Its central principle, Article 5, considers an attack on one member an attack on all.

NATO expanded during the Cold War and confronted the Soviet-led Warsaw Pact. After the Soviet Union collapsed in 1991, the alliance admitted numerous Central and Eastern European states and conducted operations in the Balkans and Afghanistan. Russia’s invasion of Ukraine in 2022 reshaped NATO’s priorities, strengthening its focus on collective defense and leading Finland and Sweden to join the alliance.

What was NATO’s role in some of the conflicts that the US fought around the world? It didn’t feel compelled to go into Vietnam, for instance. This war was far off, far from the concept of confronting the Soviets in Europe. It also was a war where the US intervened. The US was not attacked. NATO also was not involved in the Falklands War, even though the UK had been attacked. It didn’t get involved in Northern Ireland either.

Yemen may be more akin to a Vietnam for Saudi Arabia. It’s a complex conflict in which Riyadh backs the internationally recognized government. As such, it is like the US backing South Vietnam against the Vietnamese insurgency, or Viet Cong.

The Houthis are the Viet Cong. They are hard to beat in a similar manner. They have also been acquiring more sophisticated weapons from foreign powers, just as weapons from the Soviets or China were trekked down the Ho Chi Minh Trail.

Saudi benefit from Turkish, Pakistani advice limited

Saudi Arabia might benefit from some advice from Turkey and Pakistan. However, that benefit may be limited. Pakistan has a large army but has fought insurgencies for years. However, it has not been particularly successful at defeating those insurgencies. Turkey has also been fighting wars for years. For instance, it fought the PKK. Ankara’s experience was more successful than Pakistan’s.

The question for Saudi Arabia is what it wants now. It has to decide on its policy. Until it does so, its partners can’t ride to the rescue. In fact, the concept behind the Mecca Joint Defense Agreement seems more about starting a process than about enabling rapid deployment by these countries to any one of their partners’ homelands. 

This post was originally published on here. 

The wife of the late Peter Meagher, the retired NSW Police detective sergeant and photographer who was murdered in the Bondi Hanukkah attack last year, has revealed she is converting to Judaism in his honor.

Peter Meagher, 61, was a well-known photographer in the Jewish community and worked as a freelance photographer for many local Chabad events, including the Hanukkah party that Sunday.

Peter was raised a “good Catholic boy,” according to his wife Virginia, but found out shortly before his death that his maternal grandmother, and therefore he, was Jewish.

Speaking to News24’s Sharri Markson on Wednesday, Virginia said she had been considering conversion for “quite some time,” sparked actually by when she started working at a Chabad school in June 2017, just 6.5 months after the two got married.

“When I started working there, Peter’s cousin said, ‘You do know Peter’s Jewish? His grandmother was a Cohen.’ I didn’t know that.”

People gather at the floral tribute at Bondi Beach to honour the victims of a mass shooting targeting a Hanukkah celebration on Sunday at Bondi Beach, in Sydney, Australia, December 16, 2025. (credit: REUTERS/Jeremy Piper)

Virginia Meagher begins journey to Judaism

“But, with the events of December [2025], my contemplation from 2017 onwards was solidified, and I made the decision in February [2026] that I would start the journey to conversion,” she told Markson.

“This is my way of honoring him, them [the victims]. I may not have taken his name when we got married, but what ran through his blood, his history, is undeniable, and it should be celebrated and honored.”

Additionally, Virginia spoke of how her late husband’s photos have actually been instrumental in helping the police to piece together the last moments of the events and who was located where.

Some of the photos were uncovered only recently, as Peter’s camera was stolen in the immediate aftermath of the attack and pawned a few days later.

New South Wales Police arrested the suspect in May. The suspect had also been working as the tragic Hanukkah event’s photographer when he stole his peer’s camera.

Recovered camera offers final glimpse of Bondi victims

After recovering the camera and its data, police returned the equipment to Virginia last week.

“Having these images returned had a dual effect: firstly, the reminder that some of the people, either the subject or in the background, are no longer with us, having been murdered,” she told News24.

“Secondly, that these beautiful, innocent, everyday people, enjoying the event, were the last things in front of Peter’s eyes/lens. I am very moved by the images, extremes of both grief and comfort.”

Among the recovered photos are the last images of Chabad Rabbi Eli Schlanger, who was shot and killed as he tried to plead with the gunman to stop shooting.

The Jerusalem Post reached out to Virginia Meagher for comment.

This post was originally published on here. 

You’re reading the web edition of D.C. Diagnosis, STAT’s twice-weekly newsletter about the politics and policy of health and medicine. Sign up here to receive it in your inbox on Tuesdays and Thursdays.

The American Enterprise Institute spotted a potential gambling loophole in the GOP’s new Medicaid work requirements law. Send news tips and desperate schemes to keep health insurance to John.Wilkerson@statnews.com or John_Wilkerson.07 on Signal.

What might Democrats’ oversight mean for the health care industry?

Democrats are widely expected to do wall-to-wall investigations of the Trump administration if they flip either the House or Senate. While there’s been talk of taking on high profile issues like Jeffrey Epstein, immigration, presidential pardons, and Trump and his family’s involvement in cryptocurrency and government contracts, there also is ample room for health care investigations.

Continue to STAT+ to read the full story…

This post was originally published here. 

Want to stay on top of the science and politics driving biotech today? Sign up to get our biotech newsletter in your inbox.

The FDA’s new hiring push is hitting some complications. Also, a startup is bringing a psychedelic-esque drug to Parkinson’s, and we’ve got mice with human-esque brains.

This WIRED video on Stone Age AI slop is on in the background for me right now, and I enjoy this quote from anthropologist Agustín Fuentes: “Why invent garbage when you actually have science?” 

Continue to STAT+ to read the full story…

This post was originally published here.