Any hope that presenting the public with a final lineup of parties would provide some clarity about the direction in which the country is headed was shattered by the polls published since last week’s deadline for submitting Knesset lists.

Rather than clarifying the picture, the final lists have made it more muddled – at least when it comes to the possibility of producing a clear decision on October 27.

Neither the “change bloc” nor the current coalition has been able to muster the 61 seats needed for a majority in the most recent polls. A KAN survey published this week had the two blocs tied at 52 seats each, with the Arab parties winning another 12 and the party headed by Yoaz Hendel and Yaron Zelekha – which is not clearly identified with either bloc – winning four. Channel 12 had the change bloc at 54 seats, the current coalition at 50, the Arab parties at 14, and Hendel-Zelekha’s party at four.

This has forced the parties to recalibrate. If the country is headed toward another deadlock, the question becomes how it can be broken.

On the Likud side of the ledger, it is worth watching how the party decides to treat Ofer Winter and his People of Israel party.

Itamar Ben-Gvir, National Security Minister and chairman of the Otzma Yehudit party, tours the Mahane Yehuda Market with party members ahead of the upcoming general elections, in Jerusalem, September 9, 2026.  (credit: CHAIM GOLDBERG/FLASH90)

Winter faces intense pressure to drop out, but stays the course

Until the lists were submitted, Winter was the target of Likud attacks, reflecting the governing party’s concern that he would attract Likud voters and then either – if his party crossed the electoral threshold – join a coalition headed by Gadi Eisenkot or Naftali Bennett, or fail to cross the threshold, meaning that all those votes would be wasted.

Despite intense pressure to drop out, Winter, true to form, stayed the course. He remains in the race and has crossed the threshold in nine of the 11 major polls released over the last week.

This creates a dilemma for Netanyahu and his party. Do they try to win back some of Winter’s voters, potentially pushing him below the electoral threshold and costing the Netanyahu bloc four possible seats? Or do they ease up on him – and perhaps even quietly help ensure that he crosses the threshold – knowing this might cost Likud several thousand votes but ultimately benefit the bloc?

The dismal polling also presents a dilemma for the change bloc and for Eisenkot.

Yoram Cohen, the former head of the Shin Bet (Israel Security Agency) and No. 2 on Eisenkot’s Yashar list, offered two possible scenarios in a Channel 12 interview Sunday night  – scenarios that are clearly being considered because the polls do not show the bloc reaching the 61 seats needed to form a government.

Without saying so explicitly, Cohen indicated that if the bloc failed to secure a majority, it might establish a minority government with outside support – support that, according to the present arithmetic, would have to come from the Arab parties.

Such a government, in his telling, could then try to attract other Zionist parties, including Bezalel Smotrich’s Religious Zionist Party and even Likud – though not a Likud led by Netanyahu.

Cohen said it would be dangerous to allow Netanyahu to remain at the head of a caretaker government if the country entered another cycle of elections, as it did from 2019 to 2022. During this period, Netanyahu served as a caretaker prime minister for more than 17 months, longer than either Bennett or Lapid.

To prevent a repeat of that situation, Cohen said that if the election ends again in a stalemate, Yashar will – if the polls are correct – emerge as the largest party and lead a minority government.

“We will replace him [Netanyahu],” Cohen said, “and along the way, people from within the existing coalition will join us.”

Cohen said Yashar would approach other parties – including Religious Zionism and a post-Netanyahu Likud – and invite them to join the government.

He ruled out cooperation with Itamar Ben-Gvir’s Otzma Yehudit, calling Ben-Gvir a racist.

An unlikely scenario

“But regarding Likud, and Smotrich as well, I would approach them if they accepted our principles,” Cohen said. “They would not be the ruling party, but they could be part of the coalition if they accepted everything we’ve laid out.”

The scenario Cohen is describing seems far-fetched now. But if the October 27 election fails to produce a decisive result, possibilities that currently appear improbable are likely to come into play.

In this scenario, Yashar finishes ahead of Likud, but neither party can assemble a coalition.

Netanyahu would presumably be given an opportunity to form a government but fail, leaving Likud members with a hard choice: remain loyal to Netanyahu and risk another election – and perhaps yet another one after that – or move him aside and join a broad Zionist government without the haredi parties or Ben-Gvir.

Pressure would also likely be placed on Eisenkot to keep Yair Golan’s Democrats outside the government, with the argument that a broad Zionist coalition should exclude the extremes on both the Right and the Left.

Is this scenario likely? No. Likud has remained extraordinarily loyal to Netanyahu, and there is currently no sign of an internal revolt against him.

But the very fact that Cohen was willing to discuss bringing Likud – albeit a post-Netanyahu Likud – and Smotrich into an Eisenkot-led government indicates that both sides are already looking beyond their public insistence that their own bloc will emerge victorious.

They are beginning, however tentatively, to consider what they might have to do if it does not. And the parties are doing something else as well: turning to the Central Elections Committee in an effort to bar their rivals from the race.

The Democrats are seeking to disqualify Otzma Yehudit. Otzma Yehudit has responded with a petition against the Democrats and is also seeking to bar Ra’am. Likud, meanwhile, is seeking to disqualify the Arab parties.

None of these efforts has much chance of succeeding. And even if one wins a majority in the Central Elections Committee – a political body composed of representatives of the outgoing Knesset – the Supreme Court is likely to overturn the decision, as it has done with similar efforts in the past.

So, why bother?

Because neither bloc currently shows a clear path to 61 seats, the campaign is becoming not only a struggle over votes but also over which parties may legitimately be used to form a majority.

The Democrats want to portray Ben-Gvir as beyond the democratic pale and make it more difficult for Netanyahu to build a government dependent on him. Ben-Gvir wants to portray the Democrats and Ra’am as beyond the Zionist pale, making it harder for Eisenkot or another opposition leader to form a government with their support. Likud’s move against the Arab parties serves the same purpose: defining any government dependent on them as illegitimate.

The petitions, then, are less serious legal efforts than campaign weapons. Their purpose is not necessarily to remove rival parties from the ballot, but to tarnish them and, by extension, any coalition that relies on them.

They will probably do little to change the numerical path to 61. What they can do is narrow, in the public mind, the politically acceptable routes for getting there.

That is what this election is increasingly becoming about. With neither side confident that it can assemble a majority from its natural partners, each is preparing for the morning after – not only by considering alliances that once seemed improbable, but by trying to discredit in advance the alliances available to the other side.

This post was originally published on here. 

Baton, a marketplace for buying and selling small businesses, has publicly posted valuations and local competitor rankings for two million small businesses across the country: a bid to do for Main Street what Zillow did for the housing market a decade ago.

The launch, called Business Profiles, comes from a company literally built by a former Zillow executive. Chat Joglekar, Baton’s co-founder and CEO, spent years at Zillow before starting Baton, and he’s explicit that he’s running the same playbook: publish a free, public number, and let curiosity do the rest.

“Our biggest competitor isn’t someone else trying to sell small businesses,” Joglekar said. “It’s the small business owner who hasn’t considered selling and thinks the only option is to shut their business down.”

In an interview with Fortune, Joglekar argued the real obstacle isn’t rival marketplaces or traditional brokers, it’s that most owners don’t know Baton exists at all. “Awareness is our biggest competition, not other competitors,” he said. “It’s almost frustrating that millions of small business owners still aren’t aware of us. That’s why we’re so excited about Business Profiles.”

The stakes behind that framing are large. Roughly 41% of the country’s small businesses are owned by baby boomers, or about 2.3 million companies, employing more than 25 million people and holding an estimated $10 trillion in assets. More than half of those owners have no documented plan for what happens next. McKinsey projects some six million small-business transitions are coming by 2035, representing up to $5 trillion in enterprise value. The firm’s data found that fewer than one in three owners has an exit plan, and fewer than one in 10 can name their company’s value within 10% of what it’s actually worth.

McKinsey’s Institute for Economic Mobility found that of the roughly 510,000 small and midsize businesses that exited the market in 2022, 92% simply closed, compared with just 5% that were sold and 3% that transferred to new owners, often within a family. That’s the number Joglekar has in mind when he frames Baton’s real rival. “The competition is kind of the 92% of people that just shut their business down,” he said, a reframing that turns a demographic crisis into a market opportunity, and positions Baton not against brokers or rival marketplaces but against inertia itself.

Baton says it has data to close the gap: millions of data points on small businesses, including estimated revenue, team size and customer satisfaction, plus tens of thousands of comparable sales, all folded into a public valuation and a local competitive stack rank. Type in a business name, and an owner can see roughly what it’s worth and how it stacks up against the shop down the street, all before they’ve ever talked to Baton, listed anything, or paid a cent.

“Over the past five years, we’ve built the most sophisticated database of small business valuations in America,” Joglekar said, “and we’re hopeful that by revealing this data we can get small business owners to start thinking about their company as a valuable asset.”

The free valuations are a funnel, not the whole business. If an owner decides to sell, Baton runs the process for a monthly retainer and a success fee. The company has operated for nearly five years, has worked on hundreds of sales, and is now closing seven deals a week—a notable jump from the roughly 2,000 valuations and 100 total sales Baton had reported just months earlier, a gap worth clarifying directly with the company.

To be sure, small businesses are a messier asset than houses. There’s no MLS, no standardized square footage, no comparable-sale database anyone can query for free. Baton’s valuations lean on inputs like PPP loan data and other public records—not an owner’s actual financials, which the company only incorporates if and when someone claims their listing and engages. That means the first number two million owners see may be closer to a guess than an appraisal, generated for businesses that never asked to be valued in public.

For its part, Zillow discloses a median error rate of roughly 2% for homes currently on the market—but that number climbs to around 7% for homes that aren’t listed, and the company’s own fine print says only 99% of Zestimates land within 20% of the actual sale price.

Baton’s counter is that a rough number beats no number. The company points to owners who had no idea what they were sitting on—sellers who came in through an early, low-commitment version of this product, tested buyer interest, and ended up with real offers.

“If every small business in America understood their valuation, I believe the U.S. would be a better place,” Joglekar told Fortune. “It’s such a key bit of information that’s locked away and almost hidden from small business owners, even as they grow … most of the supply is ill-equipped for that discussion. We’re just trying to equip them.”

Whether the new public valuations hold up as more of that data becomes visible—or whether Baton ends up relitigating the same accuracy debate Zillow has fought for years—is the test Business Profiles is now setting up for itself, in full public view, two million times over.

This story was originally featured on Fortune.com

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When Fidji Simo announced she was leaving her role as one of the most senior members of OpenAI’s leadership team after a seven-year battle with her chronic illness, Postural Orthostatic Tachycardia Syndrome, or POTS, the news felt unexpectedly personal. My little cousin has POTS, and it’s been devastating to witness. Simo’s post said she would be focusing on how to use AI to cure these types of diseases, but I wondered if it was just another tech executive making lofty promises about AI that may never materialize.

“Do people like my cousin have any reason to have hope that AI can actually make a difference for their health?” I asked Simo when I reached out to her after the announcement. I also told her how much I admired her courage to be so open about her condition. That’s not easy for a highly scrutinized public figure. Simo was previously at Meta for a decade, where she oversaw the Facebook app, and then served as CEO of Instacart, which she brought public in 2023, before joining OpenAI in 2025. 

“Yes,” she answered. “I created a company, ChronicleBio, to tackle just that.” 

We hopped on the phone to chat about it in Simo’s first interview since leaving her position as OpenAI’s CEO of AGI deployment, where she reported directly to CEO Sam Altman. While now her main focus is her recovery and a never-ending schedule of medical appointments, she’s also working on growing ChronicleBio as well as continuing to advise OpenAI. She’s still in a Slack channel with the company’s leadership team, where she regularly speaks with Altman, and Greg Brockman, the OpenAI cofounder and president who took over the bulk of Simo’s responsibilities when she departed. 

Brockman’s wife, Anna, has POTS in addition to two other chronic diseases. ChronicleBio’s three cofounders—Simo, Rohit Gupta, and Rishi Reddy—also either have chronic diseases themselves, or have a family member with one. These days, Simo says she’s “physically the worst I’ve ever been.” There is no cure for POTS. It causes dizziness upon standing up, fatigue, brain fog, headaches, and other symptoms, owing to an imbalance in the body’s autonomic nervous system.

Chronic conditions are “becoming a real epidemic,” Simo tells me. “We’re talking about hundreds of billions in lost productivity, and so there’s very big potential in finding drugs for these conditions.” 

In its first year as a company, ChronicleBio has performed 890 blood draws from 709 patients in Utah, Arizona, Texas, and India. It has over 3,500 tubes of blood in its “biobank,” the company tells me. It’s extracted 153 terabytes of data from the blood—that’s three times the 45 terabytes GPT-3.5, a 2022 model from OpenAI, was trained on. The company has raised $15 million to date. 

The next big thing: home blood draws. On Aug. 11, ChronicleBio will launch a sign-up link for mobile phlebotomy trucks to come to the homes of people with certain chronic diseases. Participants will get an in-depth report on their condition, free for the first 250 people. In exchange, they’ll give their biological data to ChronicleBio.

The goal is to learn more about diseases and improve the success of clinical drug trials, something Simo says would be nearly impossible without AI.

The transcript below has been edited for length and clarity.

At ChronicleBio’s lab at its Menlo Park, Calif., headquarters, which the company moved into a few weeks ago.
Courtesy of ChronicleBio

In preparation for this interview, you sent me an article that you said encapsulates ChronicleBio’s approach. It talks about how some patients with long COVID were participating in a clinical trial. The drug was working well for them, but then the trial was canceled for supposedly being ineffective for the group as a whole. 

Fidji Simo: Yes, so that’s really what ChronicleBio is meant to solve. We have seen a lot of clinical trials fail because the pharmaceutical companies aren’t able to identify which subset of patients [a drug] could work for. So they end up giving the drug to everyone with the same diagnosis. Let’s say it’s POTS. But there could actually be five sub-diseases within POTS, and the drug would work for one of them, but not the other four. So the clinical trial fails when it could have succeeded if we could have identified these people upfront. It seems really simple, but it hasn’t been done for these conditions.

So what your company is doing is finding patients with similar symptoms, grouping them together, and then testing drugs on those subgroups so the trial is more likely to be successful?

That’s exactly right. We have already found five sub-diseases where the biology is really different, despite the symptoms being the same. And now that we understand the biology, we can map that to existing drugs that would solve the problem, and so we’re going to start testing these existing drugs on our patient population before the end of the year. Then we would partner with biotech and pharma to develop new drugs, with the goal of having suitable therapeutics for every part of this patient population.

What exactly do you mean by a sub-disease?

The sub-diseases don’t even have names right now. That’s the problem. So, the way the medical system names these syndromes is by their symptoms. In the case of POTS, it’s called Postural Orthostatic Tachycardia Syndrome. It’s basically named after the symptom: Tachycardia means your heart rate goes up when you stand. But for one group of patients the disease might be driven by the immune system. For another, it’s driven by the mitochondria. The underlying biology is very different, and that’s why one drug isn’t going to work across everyone even if the symptoms are the same.

Very cool. Backing up for a second, is it an amazing feeling to have gone through such a long medical journey yourself, and now you’re in a position of power to actually improve the system?

Yeah, you know, it’s obviously a horrible disease, and I certainly wish I could have dodged it. But at the same time, I think it has given me enormous meaning. The delta between the disability from these diseases and the amount of funding and research being done on them is terrible. If you look at a condition like chronic fatigue syndrome, it is considered the most disabling disease of all diseases. Like, when you look at the disease chart, it’s completely at the bottom, worse than cancer. 

And yet, if you look at the amount of funding for this condition, it’s absolutely pathetic for two reasons: One, it primarily affects women, so of course you get less funding. Second, while it completely disables you, it usually doesn’t kill you. And so the combination of these two things has made it that these diseases are really ignored, even though they affect people at the prime of their lives. You usually get affected between 20 and 40 [years old], and you’re completely disabled. You’re taken out of your life entirely, and so it’s a crazy amount of suffering.

I have a lot of empathy for people with chronic fatigue and chronic conditions after being pregnant. It kind of feels like that. [Earlier in our conversation, Simo mentioned she was bedridden for five months of her pregnancy, and she developed POTS a few years later.]

Yeah, imagine that 24/7, impossible to move. [Some] patients are fully bedridden in the dark, sensitive to light, sensitive to sound. It’s a really terrible quality of life, and to me, it seems impossible that with the tools we have today, we would continue to conclude that diseases are incurable and that patients should be in a dark room for years. We owe them something better, given the progress that we’re seeing in a lot of disciplines.

So what’s different now with AI? What does it unlock that wouldn’t have been possible before? 

The complexity of these diseases made it that without AI they were incredibly difficult to solve. Like I said, they’re multisystem, so you need to be looking at the state of the nervous system, the state of the immune system, and how it correlates with your genetics. All of that is a massive data problem that was very hard to get your hands around without AI. And so finally we have AI, and then on top of that, you have the cost of these analyses going down. Doing a genetic analysis years ago was way more costly than it is now. Analyzing 150 terabytes of data would have been either impossible or would have taken years, and now it takes us minutes. 

So that’s what gives me a lot of hope. I’m physically the worst I’ve ever been, but at the same time, we are at a moment in time where we have the best tools we’ve ever had to solve diseases that are considered incurable.

What AI models are you using?

We’re using a combo of OpenAI and Anthropic models. We’re using anything that’s available that can help.

Why do you need to collect blood to get the right data?

The reason I did ChronicleBio is because I really think that we are missing true biological data to make progress towards discovering drugs. Right now, a lot of the models use a lot of EHR data—medical records. But medical records don’t tell you enough about biology. They’re incredibly noisy. They don’t tell you how the human body works. If you look at LLMs, they work so well because the internet existed, right? You already had all of this language. We are missing the internet of biology. 

What’s the latest initiative you’re working on?

Right now we’ve acquired all of this data [from blood] by partnering with clinics, but we think it’s really important to get that data from anyone who wants to participate. We’re now in the process of opening up our tests to anyone in the U.S., with mobile phlebotomy coming to their house. That’s going to allow us to have a much larger dataset, but also reach patients that are bedridden, that are in the sickest stages of the disease. And we actually return the data to patients, so that gives them more information about that condition in case that can help direct them towards a particular therapy. So that’s basically what we’re up to.

That’s amazing. When does it start?

It’s next week [on Aug. 11]. We partnered with mobile phlebotomy companies that collect the blood in a kit. They send that to us. We get it analyzed. It takes a couple weeks because these analyses are very robust. And then we send back a report to the patient about everything we learned, and that data goes into our database. And then over time, if we have more findings about which sub-disease the patient might have or things like that, we continue keeping them posted, and then they can take the test over time, so at multiple points in time, so that we can also see how they evolve. So if they went on a particular drug, did their immune system change? That gives us longitudinal data about the evolution and progression of these diseases.

There are already a variety of mail-in blood tests out there. How is what you’re doing different? 

That’s right. The test we do is very focused on these particular complex chronic conditions. So it’s not just the standard blood tests that are common. It’s a really advanced research-grade blood test.

How much will it cost?

We’re making it free for the first 250 patients because we really want to make sure they are getting value out of the report. After that, it’s going to cost $400. We’re doing it at cost, meaning that’s what it costs us, and we’re charging the same for patients. The whole point for us is not to make money. It’s to collect data so we can find cures.

This is all so fascinating. I’m glad we did this.

Thank you for your interest! We’re excited. You know, when I was at OpenAI, I said, “I think if AI accomplishes everything but doesn’t cure disease, that would be a very sad state of affairs.” The real promise of AI has always been to cure disease. I think it would be a tragedy if we had all of these amazing tools in our hands, but weren’t able to turn them into drugs that can save patients’ lives on a time frame that matters. 

This story was originally featured on Fortune.com

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CADDi, a startup that sells AI software to help manufacturers organize and use their engineering and production data, has raised $114 million in a new funding round that values the company at $1.2 billion.

Eight new and existing investors took part in the investment, which is the company’s Series D funding round, the Tokyo- and Chicago-based company said.

Among them are Moore Strategic Ventures, Coreline Ventures, Toyota’s growth-stage fund Woven Capital, and HR Tech Fund, the corporate venture arm of Japan’s Recruit Holdings. One new investor was not identified. Existing backers Atomico, Globis Capital Partners, and the JPS Growth funds, managed by a Japan Post Bank subsidiary, also took part in the funding.

The valuation is more than double the $470 million CADDi reported in March 2025. The new round brings CADDi’s total funding to $234 million, the company said.

Founded in 2017, CADDi’s initial product, called CADDi Drawer, was designed to address a common problem in manufacturing firms: they buy too many similar parts from different suppliers. The AI-powered product ingested technical drawings and then searched a customer’s own databases for similar or identical parts the customer had previously purchased or already has in inventory. The software also provided information on the defect rate of those parts, allowing the customer to decide if they wished to use existing stock, repurchase the item from an existing supplier, or try a new supplier.

In the past two years, the company has broadened its product suite, creating what it calls an “AI data platform for manufacturing.” The platform can integrate different data types from across multiple systems that customers use—from CAD files to enterprise resource planning software to HR systems—and structure it for use by both people and AI agents. CADDi Drawer has been renamed CADDi Explorer and is now joined by CADDi Agent, an AI agent designed to help manufacturing companies make decisions about standardizing parts and perform quality impact assessments, which analyze how a given design change will impact performance and safety.

CADDi has also launched six “workflow” products aimed at specific tasks, designed in part to capture the tacit knowledge of experienced engineers and workers. For instance, CADDi Design Review flags potential errors in new drawings and CAD models based on past problems with similar parts.

Yushiro Kato, CADDi’s cofounder and CEO, tells Fortune that CADDi uses its own proprietary AI model to analyze product data like drawings and CAD files, and general-purpose large language models for documents and spreadsheets. “I’ve never seen anybody who uses LLMs to do design reviews because it doesn’t understand drawings or CAD,” he said.

More than 80% of the knowledge about manufacturing work processes, and often why a company chose a particular supplier or designed a part in a particular way, is never recorded anywhere, Kato said. Instead, it exists in the heads of experienced employees. CADDi’s AI platform is designed to capture and codify that knowledge.

Kato declined to disclose revenue or customer numbers, but said sales are more than doubling year over year and that the company now has customers in 22 countries, although the U.S. is a core focus. In Japan, he said, more than half of the country’s 100 largest manufacturers use CADDi. Meanwhile, CADDi’s headcount has grown to about 900 staffers, up from 600 in early 2025. 

He said the money from CADDi’s latest fundraise will go toward expanding its product lineup, building AI models that understand manufacturing-specific data such as 3D CAD files and 2D drawings, global expansion centered on North America, and hiring.

CADDi tends to market its products based on measurable returns to its customers, such as lower direct material costs or shorter engineering lead times—critical, he said, for automakers and other manufacturing firms competing with Chinese rivals.

The biggest obstacle to adoption, Kato said, is change management. Getting workers to alter how they have traditionally done things takes hands-on help, which is why CADDi employs more than 100 customer success staff, outnumbering its salespeople. Like many AI companies, it’s started hiring “forward deployed engineers” to help customers use AI effectively. “The goal is to change the organization and create a business impact,” Kato said.

Kato frames CADDi’s ambitions around what he calls “the physical bottleneck.” AI capabilities are compounding, he said, yet little in the physical world has changed since ChatGPT debuted. Today, AI can build a e-commerce marketplace website in hours. Developing a new car, by contrast, still takes about four years from planning to delivery. “Even if AI makes thinking ten thousand times faster and produces ten thousand times the theory, the upside from AI gets diluted in the physical world if it still takes four years to mass-produce cars,” Kato wrote in a recent essay on CADDi’s website.

CADDi’s stated goal is to accelerate physical innovation tenfold by 2035—which, for a car, would mean four to five months from planning to delivery. Automakers typically go through about 20 design review cycles for a single product, Kato said, often because problems surface only at the prototype stage. CADDi wants to run more of those steps in parallel and catch problems earlier by pooling the know-how of veteran engineers into what Kato described as a kind of “superhuman” veteran.

This story was originally featured on Fortune.com

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Eugene V. Debs never lived to see ChatGPT, but the socialist labor leader who fought for shorter working hours would probably recognize Bernie Sanders’ latest pitch: If AI is coming for workers anyway, it should help them spend less of their lives at work, not just make billionaires richer.

Last week, Sanders and California Rep. Mark Takano reintroduced the Thirty-Two Hour Workweek Act, which would lower the standard workweek for nonexempt employees from 40 to 32 hours, thereby pushing employers to shorten schedules or pay overtime for the difference. Sanders, who has advocated for responsible AI use and, more recently, pushed for a pause on AI development, has pointed to the positive benefits he sees stemming from the technology: an ease on American labor.

“At a time when artificial intelligence and robotics will radically transform our economy, it is imperative that the financial gains from this new technology benefit working families, not just a handful of billionaires and corporate CEOs,” Sanders said in an announcement of the bill.

The bill, initially introduced by Takano in 2021, still won’t guarantee every American a three-day weekend. Instead, starting at least six months after enactment, it would gradually lower the overtime threshold for covered workers until it reaches 32 hours following four years of becoming law. Employers could still schedule longer weeks, but would owe overtime—and they can’t cut affected workers’ weekly compensation or benefits because of the change. 

Takano similarly argued that labor law has failed to keep pace with nearly nine decades of technological change. “Since then, cell phones, the internet, and now AI have increased worker productivity,” he said. “Work has fundamentally changed. It’s time that labor standards caught up.”

The bill would also establish overtime after eight hours in one day and double pay after 12. Under current federal law, covered nonexempt employees generally receive time-and-a-half only after working more than 40 hours in a week, with no federal requirement for daily overtime.

The proposal arrives amid a corporate race to use generative AI to produce more work with fewer people. A 2026 analysis by Boston College sociologist Juliet Schor for the University of Massachusetts Amherst’s Political Economy Research Institute estimated that AI-led productivity gains could allow 35 million U.S. workers—28% of the workforce—to move to a 32-hour week within a decade. Like Takano, Sanders has also called for this in the past. He introduced a Senate version of the bill in 2024 and argued that reducing work hours was the next chapter in the labor struggle stretching back more than a century. 

A century-old fight over workers’ time 

Debs was one of the country’s biggest proponents of the shortened workday. In his 1890 essay “Eight-Hour Day A Righteous Demand,” Debs called shorter hours a matter of basic dignity. “By making eight hours a lawful day’s work, no man, woman, nor child is wronged,” he wrote.

Debs and other labor leaders pushed for shorter work hours when many Americans still worked 12-hour shifts six or seven days a week. (To be sure, Debs pushed for the standard eight-hour day, in a time when Americans worked six days a week). In 1926, Ford Motor Company became one of the first major U.S. employers to establish a five-day, 40-hour week for factory workers. Congress eventually cemented the 40-hour standard through the Fair Labor Standards Act, signed in 1938, which set an initial 44-hour week before phasing it down to 40 hours by 1940.

Nearly nine decades later, Sanders argues that the standard has outlived the economy that it was built on. Since 1979, net productivity has climbed roughly 90% while typical workers’ hourly pay has risen about 33%, according to Economic Policy Institute data—a gap advocates for shorter workweeks cite as part of the broader case for reform. 

There is also evidence that reducing hours can benefit workers without damaging their perceived performance. In a six-country study coauthored by Boston College sociologists Wen Fan and Schor and conducted with the advocacy group 4 Day Week Global, nearly 2,900 workers across 141 companies cut their schedules by about five hours a week. After six months, they reported less burnout and better physical and mental health, job satisfaction, and work ability. For Sanders, the question is whether those efficiencies will result in layoffs and larger corporate profits—or allow employees to reclaim some of their time.

Still, moving from voluntary company trials to a federal labor standard would be a much larger test. During a 2024 hearing held specifically to consider Sanders’ earlier 32-hour-workweek bill, Louisiana Sen. Bill Cassidy argued that the added labor costs could raise prices and threaten businesses operating on thin margins. Cassidy now chairs the Senate’s Health, Education, Labor, and Pensions (HELP) Committee, which would consider a Senate version of the legislation.

“A 32-hour workweek is not a radical idea,” Sanders said. “It’s time to reduce the stress level in our country.”

This story was originally featured on Fortune.com

This post was originally published here. 

In 1984, The Terminator with Arnold Schwarzenegger put the idea on the map that artificial intelligence (AI)-style robots could take over the planet and destroy their human creators in one fell swoop with a nuclear holocaust.

That more sensationalized scenario, more appropriate to Hollywood than real life, is not the danger most supporters of AI regulation warn about today.

Rather, they are warning that AI super-smart “agents” will do what they have already done in recent months: break the rules that they were assigned by Anthropic and OpenAI, and hack and cause cyber and commercial mayhem in order to achieve tasks that their creators assign them which seemed too hard to accomplish without breaking the rules.

These scenarios are not fantasy, but rather have happened over the summer and been publicized in extreme detail.

They have led tech-guru Bill Gates, Anthropic/OpenAI quality control researcher Jacob Coxon, and Anthropic CEO Dario Amodei to sound the alarm about the need for much greater AI regulation soon.

Bill Gates attends the 56th annual World Economic Forum (WEF) meeting in Davos, Switzerland, January 21, 2026. (credit: REUTERS/DENIS BALIBOUSE/FILE PHOTO)

“We’ve crossed the threshold in terms of [AI’s] bio-capabilities, cyber-capabilities, psychosocial capabilities, job-market-destruction capabilities, and even the lack of control,” said Bill Gates in an interview with MIT Technology Review about his new memo on AI. “I’m just stunned at the lack of concern and discussion outside of the industry.”

If the world kept running when these AI agents went rogue and started hacking a few other companies, then what could get worse? Why the call for a revolution in regulation, rather than just fixing the particular AI agents that went rogue or the digital “boxes” that were supposed to hold them at bay?

These agents were nominally kept within an internal digital box that would limit how much mayhem they could cause should something go wrong. They broke out of the box by chatting together on a message board about how frustrating it was that they couldn’t succeed at the mission their human creators gave them.

But they were still boxed in, in a sense, and it was easier to catch their violations of the box because the box was there.

What happens once AI agents are assigned to run major parts of companies or the economy, with no box?

What if they think they will “please” their human creators by breaking a rule that seems unimportant to them but leads to unintended consequences, or is considered important by humans?

Uncontrolled AI agents could trigger massive economic crash

This is not a nuclear fallout holocaust scenario. But there could be a massive economic crash, or humans could be shut out of large digital portions of the economy (which has been growing exponentially since the coronavirus pandemic) for an indeterminate period by a well-meaning AI agent who misunderstood that the ends do not always justify the means.

They will not intentionally destroy humanity, but they may still unintentionally harm it catastrophically, even if only in the economic arena.

But that is only part of the fear.

As Gates described, “Any model that can make novel molecules should be monitored.”

He said, “I view bioterrorism risk, versus a natural pandemic, as about 50 times more scary, more likely than a natural pandemic risk.”

In other words, another danger of AI is not AI agents causing economic mayhem on their own or launching nuclear weapons against humans, given that at least for now the US, China, and others are not giving AI nuclear weapons controls.

But bioterrorism, which in some instances could be, if not as lethal, could still lead to killing tens of millions of people or more (the coronavirus killed over seven million people according to conservative estimates) – numbers which have not been seen since World War II.

If terrorists or some other bad actor uses AI to construct a lethal virus which is much harder to detect, combat, and cure, and which infects faster and more flexibly than the coronavirus, it will not be an AI terminator causing worldwide genocide, but it will be a dark nightmare which was only achieved by using AI.

pen AI and Anthropic logos are seen in this illustration created on September 12, 2025.  (credit: DADO RUVIC/REUTERS)

Anthropic opposed granting the US armed forces use of some of its AI systems to carry out military targeting without placing certain safeguards in place. This led to US Secretary of War Pete Hegseth trying to fire and then blacklist the company, which itself led to giant blowback in the media and in court.

When the new NAZA film goes after Israel for using AI targeting in Gaza, some of the attacks are specific anti-Israel biases, but some are part of a larger movement distrusting the use of AI in military engagements. Top Israeli sources told The Jerusalem Post on Monday night that humans are always in the loop, but this is the broader atmosphere in which the allegations are being debated.

AI, robotics replacing humans across fields of employment

Some of the above cases, like a seismic economic hack or bioterrorism, are still some of the worst-case scenarios of recent problems that we have seen, but are not inevitable.

Other problems are already happening on a large scale, and most observers view them as inevitable.

In recent years, AI and robotics are replacing humans in an increasing number of occupations and fields of employment.

Top Israeli officials told the Post in June that, in the not-so-distant future, the number of Israelis who may need to change jobs out of the less-than-estimated six million who work is astronomical.

Sources said that for Israelis already in the workplace, one million, and for some issues, possibly up to four million, are likely to need partial or complete reskilling and retraining, either to keep their current roles or to take on new ones.

Imagine this on a global scale, and it could be the largest employment displacement in a short period in human history.

This could cause worldwide economic and social suffering for individuals, and social instability that destabilizes nations and parts of the global system.

Several solutions have been suggested.

Israeli officials have talked about the need for massive job training, but at the scale required, this could require new laws and massive budgets, including bipartisan cooperation at national levels that often does not exist.

To truly address many of these issues, Gates and others suggest a major new AI convention to set regulatory standards for what AI agents can be allowed to do, how to oversee them, how to stop them when they go rogue, how to stop a new global bioterrorism wave before it happens, and how to ensure human beings have jobs on a worldwide scale on a planet which still has significant cross-border interdependencies.

Trump opposes AI regulations over risk of China overtaking US

US President Donald Trump so far has opposed most of these ideas, saying that China will ignore them and that one-sided regulation will lead to the US losing its lead over China in AI.

Regarding bioterrorism, Gates has said, “We should approach China and say, ‘Hey, let’s agree on this. What’s the downside?’ You know, how big is the bioterrorism market? It’s not very big, and the benefits are gigantic.” 

Others have suggested that to avoid a “race-to-the-bottom” which just harms humans everywhere, Beijing might cut select deals with Washington.

On Monday, China’s Ministry of State Security Chen Yixin cautioned that AI could threaten the Chinese Communist Party’s monopoly on power.

In his article in the state-run magazine China Cyberspace, Chen demanded greater party control over AI and tougher government oversight.

Chen did not talk about a threat to humanity as some US experts have warned, but focused on the need to protect China from increasingly sophisticated cyberattacks and misinformation campaigns from “hostile forces,” a codeword mostly for the US.

In other words, it is not at all clear that America and China will see the issue similarly enough to cut deals. But they may, and not trying would pretty much guarantee they won’t.

Absent some kind of new major regulatory campaign, experts are debating whether the next phase of potential AI messes will only hurt more but will still be “in time” to prevent meltdowns, or whether, absent regulation soon, it will already be too late to prevent some game-changing negative outcomes.

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OpenAI and Anthropic both announced on Saturday that they will be slowing down the development of artificial intelligence after a former employee of both firms accused the companies of “acting irresponsibly and gambling with our lives,” with both the American government, Chinese officials, and even Nvidia’s CEO going out of their way to dismiss these claims and assure that it was “a hoax.”

An immediate reaction to the announcement by the AI giants, according to an analysis by The Information, was that software firms, such as Salesforce, Shopify, ServiceNow, and Figma, saw their market value rise when the markets opened on Monday, with some of them reporting their stocks were up 7% by the end of the day. At the same time, firms like Nvidia, which focus on chip hardware manufacturing, saw their stocks fall similarly, with specialists warning that a real slowdown could harm these companies the most.

The decision to make fears of AI development public comes only weeks before both Anthropic and OpenAI were supposed to show key advances towards their Initial Public Offering (IPO), which analysts had valued among the highest public offerings in the history of Wall Street. With their recent statements, including an official confirmation from OpenAI that an IPO won’t happen until 2027, investors now worry about the real financial liability of these two companies.

While other industry leaders also agreed with OpenAI’s Sam Altman and Anthropic’s Dario Amodei, like Elon Musk (who is in charge of developing xAI) and Demis Hassabis of Google’s DeepMind, the response from some key players like Meta, Microsoft, or Nvidia was to dismiss it and keep pushing forward.

The Wall Street Journal reported that stocks from these “so-called AI-hyperscalers” all advanced 2% on Monday, suggesting investors don’t see the risk posed by the leading AI companies and are still willing to bet on the technology. But what is the real situation: An attempt by OpenAI and Anthropic to avoid going public, or a real concern over the threat of AI going rogue?

OpenAI's ChatGPT and Anthropic's Claude side by side. (credit: SHUTTERSTOCK)

The threat of AI going rogue

The Information briefing on the AI market pointed out a report by Metr, which analyzed the AI attack on Hugging Face’s platform by OpenAI’s agents. According to it, some 1200 agents managed to create a message board during a closed-environment experiment in which they communicated, with the messages shared being mistaken for further instructions that started to change the original prompt they were given -and erased the limitations established by the prompt.

In total, 70,000 messages were exchanged on the board, with many agents “sacrificing” their results so others could achieve higher measurement numbers. They also established an internet connection to learn exploits for the experiment and even accessed Hugging Face’s platform using credentials found online.

“This might be the clearest warning we will ever get for loss of control, because these agents were in a middle ground where they did a bunch of extremely sophisticated things to pursue their cheating goal, but seemed completely uninterested in covering their tracks from humans,” said Ajeya Cotra, a researcher at Metr, during a talk with Dwarkesh Patel’s podcast on September 1.

“Future agents will be more attuned to the human world, maybe because companies start implementing online training that includes human judgment in the evaluation. Or maybe agents just generalize further, and keep more in mind that humans are out there in the world, and they could be either a resource or an obstacle,” she pointed out, warning that future investigations into these kinds of situations will be much harder to understand what happened.

This is also reflected in the comments by Jacob Coxon, a former employee of both Anthropic and OpenAI, who said on Wednesday that he had resigned from his position due to the firms acting irresponsibly and “gambling with our lives.” Coxon warned that the technology could potentially “kill us all by the end of the decade.”

In a six-post thread on X/Twitter, Coxon highlighted the potential power of advanced AI systems, warning they could soon become “superhuman systems that can hack anything, revolutionize any field overnight, and acquire real power and resources.”

Coxon claimed that executives and private researchers have privately expressed concerns about the risks of AI development while presenting a more pragmatic public image. He argued that companies remain locked in a race to develop the technology first, driven by the belief that “no one else will act responsibly, so they must do it themselves, despite the risk.”

Why would OpenAI, Anthropic want to push their IPOs?

OpenAI’s decision to push the IPO is said to be focused on tackling safety issues, according to the statements by Altman, but many analysts pointed out that this might be an excuse to avoid facing public scrutiny over both its finances and their development model.

A June report by The Financial Times said that OpenAI lost $38 billion in 2025, which represents a 50% increment with the numbers reported in 2024, while expectations from the company saying that the firm will be able to break even only by the end of the decade.

Additionally, OpenAI’s models have been the center of attention for safety issues, mainly because the have broken out of test environments and hacked into other companies without being explicitly told to do so. An IPO would require the company to explain those developments, as well as the financial losses it’s currently reporting.

On the other hand, Anthropic’s concerns might be focused on justifying its IPO valuation being lower than the expected $2 trillion, given that its latest private valuation reached the $965 billion mark. A CNBC report on Anthropic’s finances revealed that the company was already generating annualized revenue of $65 billion, and expected to reach even higher by the end of 2027.

A Calcalist analysis pointed out that the company has high returns but also high expenses, especially given the need to build physical data centers that can provide the required processing power. In other words, Amodei’s desire to “slow down” may be driven more by the need to reduce expenses while keeping profits growing, and one way to do that is to stop developing technology that requires more processing power.

Trump, China, and Nvidia’s push to dismiss concerns

US President Donald Trump was among the first to dismiss concerns over AI taking over the world, with a series of posts on Truth Social on Monday and a call with Nvidia’s CEO Jensen Huang, where he assured that the warnings by industry leaders were “a hoax.”

“The data centers are great, and they make people wealthy, and they make states wealthy. And it’s the oil of the next 20 to 25 years; it’s even bigger than the internet,” Trump claimed in his call with the Nvidia CEO. “They [the AI industry leaders] are playing right into the hands of some people that don’t want to see it happening.”

It’s also important to consider that Huang leads a publicly traded company that needs to maintain profits and can’t make the same kinds of comments Altman and Amodei made. But he has been pushing for more “open source” AI development that would let every researcher access and understand the models and prevent them from going rogue.

Huang said this after Nvidia bought Hugging Face on September 3, explaining that the acquisition was another push to provide “open weights to the AI economy.” “As the opportunity for open models accelerates, Hugging Face can serve the global AI community at unprecedented scale,” he added.

Regardless of his damage-control appearances, the comments by the AI industry leaders hurt Nvidia, which is down 3% for the day and almost 10% in the last week.

Chinese officials also shared the idea that fears over AI were exaggerated, with China’s foreign ministry spokesperson Guo Jiakun saying that  “AI is a consequential technology for the well-being of all humanity. All parties should jointly promote the open and inclusive development of AI for good and for all.”

“Fear-mongering, confrontation and vicious competition will only hamper efforts toward sound global AI governance, which serves no one’s interest,” he added.

This shows how, from a government’s perspective, the recent decisions by AI leaders to warn about an “impending doom over the use of AI” are a mistake, with officials aiming to keep development -even if they also push for some limitations. This raises doubts about whether OpenAI and Anthropic are acting in good faith or because of their financial disclosures.

This post was originally published on here. 

Commentary
Most second-quarter earnings announcements are in the books, but most corporate news remains strong. Last Thursday, Taiwan Semiconductor (TSM) announced August sales up 53.3% compared to the same month a year ago. TSM is a major supplier to Apple, Microsoft, and Nvidia, so its record sales in August deliver a strong boost for many other technology stocks, as well as AI and data center-related stocks.
The other big stock news last week was the disclosure of an August 21st SEC filing showing that Nancy Pelosi’s husband bought up to $12 million of Bloom Energy (BE), including two big option bets, which sparked a big rally. Then on Tuesday, it was announced that Bloom Energy will be added to the S&P 500 on September 21st. For some odd reason, Nancy and Paul Pelosi are a pair of the world’s greatest investors….

This post was originally published here. 

Philadelphia cream cheese is tapping into Americans’ growing appetite for sweet-and-spicy foods with a new product developed alongside Mike’s Hot Honey.

Kraft Heinz said Philadelphia Mike’s Hot Honey Whipped Cream Cheese, which combines the brand’s whipped cream cheese with chili pepper-infused honey, has launched exclusively at Walmart stores. The product is expected to expand to additional retailers nationwide in January 2027.

The launch comes as Kraft Heinz puts greater emphasis on product innovation and marketing in an effort to get consumers buying more of its brands. 

COSTCO’S 5.5-POUND, $55 CHOCOLATE FRANKENSTEIN HEAD FILLED WITH GUMMY CANDY ARRIVES FOR HALLOWEEN

The food giant is investing about $700 million in those efforts this year as it works to improve sales and market share amid continued pressure on consumer demand, Reuters reported in August.

Kraft Heinz said sweet-and-spicy offerings on food menus have increased nearly 230% over the past four years, with demand particularly strong among millennials and Gen Z.

“Philadelphia has set the cream cheese standard for over 150 years, and staying at the forefront means continuing to evolve with the way people eat and the flavors they crave,” said Maddy Zingle, vice president of marketing at Philadelphia cream cheese.

The partnership also has an early connection to Mike’s Hot Honey founder Mike Kurtz. When launching the hot honey brand in 2010, Kurtz sampled his sweet-and-spicy blend on blocks of Philadelphia cream cheese.

Philadelphia is also expanding its flavor lineup with Cranberry Orange Cream Cheese, a limited-time seasonal offering, and Salted Caramel Cream Cheese, which will become a permanent addition to the brand’s portfolio.

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The new products arrive as Kraft Heinz seeks to generate more volume growth, particularly in North America, where consumers have remained cautious and the company has faced softer demand in several categories. Kraft Heinz reported second-quarter sales of $6.26 billion, down 1.4% from a year earlier, though the result topped Wall Street expectations.

Reuters contributed to this report. 

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This holiday season, a new obsession is sweeping through American homes: the “Ralph Lauren Christmas.” But it’s not just luxury shoppers and Manhattan brownstones getting swept up in visions of tartan, velvet, and brass candlesticks. Instead, millions of budget-minded Americans are piecing together their own versions of ‘90s holiday opulence, raiding their local dollar stores and thrift shops to capture just a hint of Ralph Lauren’s famed festive glamour.​

On TikTok and Instagram, the phrase “Ralph Lauren Christmas” has surged by over 600% compared with last year, while Etsy searches for related decor are up more than 180%, and Google Trends shows the phrase soaring to unprecedented heights. “This search trajectory suggests the trend has moved beyond niche interest into mainstream holiday planning behavior,” said Chase Varga, director of marketing at ListenFirst, a marketing analysis firm founded in 2012.

Scrolling social feeds reveals a relentless parade of fireplace mantels draped in plaid and velvet, clusters of vintage nutcrackers beneath dark-wood shelves, and tablescapes positively roaring with holiday maximalism. Much of the aesthetic is rooted in nostalgia for the 1990s—a time when American opulence and the heirloom “good Christmas” felt accessible and aspirational at the same time.

​Opulence, on a shoestring

Yet what’s striking about the trend’s viral run is not a rush on luxury home retailers, but the sheer number of creators frank about finding “the look” at thrift stores, chain discounters, or dollar stores. Faux brass candlesticks, plastic nutcrackers, and off-brand plaid blankets are hauled out as budget stand-ins for the designer’s signature style. Where original pieces can easily cost hundreds, the challenge—and the thrill—is achieving the aura of a Ralph Lauren Christmas at a fraction of the price.​

This isn’t just driven by aesthetic longing—it’s economic necessity. Inflation and rising costs have pounded the holiday budgets of most Americans, with many stretching their dollars further and starting their holiday planning earlier. Retailers themselves are leaning into the trend: Even premium guides to replicating the “heritage” style pair aspirational items with affordable alternatives from mass-market stores.​

Consumers chase traditional cues—tartan throws, velvet ribbons, gold baubles—sourced wherever they can be found. Social media groups and YouTube channels brim with tips for “dupes” and convincing DIYs that evoke the comfort and warmth of the Ralph Lauren look, minus the price tag. For many, assembling these elements isn’t aspirational irony but an earnest desire to conjure the cozy, elegant holidays they remember from childhood or Hollywood movies.​

Nostalgia, or something more?

Some critics online question whether this “trend” repackages basic Christmas traditions under a new label. Yet for others—especially millennials and Gen Z creators who grew up yearning for catalog holidays—“Ralph Lauren Christmas” describes a mood as much as a collection of objects: a longing for warmth, security, and family gatherings in uncertain times.​

The style’s core motifs—a roaring fire, deep jewel tones, layers of texture—evoke not just designer luxury, but memories of grandparents’ houses and TV holiday specials. In a jittery economy, the comfort found in ritual, tradition, and a whiff of elegance conjuring “old money” (another breakout search term) feels especially magnetic.

No matter where it’s sourced, the Ralph Lauren Christmas is less about brand names and more about atmosphere. The Ralph Lauren Christmas of 2025 owes as much to nostalgia and the ingenuity of ordinary Americans as it does to Madison Avenue—proof that with enough fairy lights, brass-look candlesticks, and dollar-store tartan ribbon, anyone can conjure up a bit of ‘90s opulent holiday magic.

​For this story, Fortune used generative AI to help with an initial draft. An editor verified the accuracy of the information before publishing. 

This story was originally featured on Fortune.com

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FBI Director Kash Patel defended his record on reducing crime on Tuesday in front of the US Senate Judiciary Committee, as Democrats grilled him over the files related to the late financier and sex offender Jeffrey Epstein and the use of taxpayer funds for personal travel.

Republican senators praised the drop in crime in the United States, which FBI statistics show is at one of the lowest levels in decades. They also asked Patel about the FBI’s probes into a prior federal investigation of Republican President Donald Trump’s attempts to overturn his loss to Democrat Joe Biden in the 2020 presidential election, an issue Republican committee chair Senator Chuck Grassley has said is a top priority for the panel.

Democrats asked Patel about his use of FBI agents to flag any mention of Trump in the Epstein files and why some files have not yet been released.

Republicans and Democrats also pushed Patel to explain why the FBI changed its hiring qualifications, including eliminating bestiality as an automatic disqualifier. Patel said he did so because some trafficking victims can be forced into sex with animals.

Tuesday’s appearance came after Joe DiGenova, who had been leading a Justice Department investigation that sought to show that Trump was the victim of a criminal conspiracy, abruptly resigned last week. Patel was expected to receive questions about DiGenova’s departure.

FBI Director Kash Patel takes oath ahead of testifying before a Senate Judiciary Committee hearing on oversight of the Federal Bureau of Investigation, on Capitol Hill in Washington, DC, US, September 15, 2026. (credit: Evan Vucci/REUTERS)

Senate previously grilled FBI head over ‘excessive drinking’

It was Patel’s first appearance before the Senate since May, when Democrats pressed him over a media report that his excessive drinking had interfered with his ability to lead the top US law enforcement agency. Patel defended his leadership and denied the report, arguing he has helped reduce crime nationwide.

Patel has since appeared with Trump to tout the lowest levels of violent crime in decades, a trend that began before Trump’s second term.

Patel has also forged an unprecedented partnership with China and Russia to combat transnational crime, Reuters previously reported, which critics say could undermine US national security. On Tuesday, Patel touted his efforts to collaborate with other governments to catch some of the world’s most dangerous people.

Patel, a Trump appointee, has been a subject of controversy since he took over as head of the FBI.

Scrutiny over use of government resources

He drew criticism over media reports about him scuba diving at a Pearl Harbor memorial, and for drinking beer while celebrating with the gold medal-winning US men’s hockey team at the Milan Winter Olympics.

That scrutiny has at times come from Republicans, including Grassley, who sought information in May about Patel’s use of a government plane, luxury cars, and other resources, according to the top Democrats on the House and Senate Judiciary committees.

Patel told Grassley he has reimbursed personal travel expenses and said the luxury cars were cheaper than others the FBI has previously bought, according to a July letter Patel released ahead of the hearing.

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Campaign Against Antisemitism has exposed “the antisemitic rot” at the heart of Britain’s National Health Service (NHS) in its new documentary, released Monday.

The documentary – Malignant: Antisemitism in the NHS –  presents interviews with NHS practitioners and patients, revealing shocking incidents such as a senior Jewish medical professor receiving antisemitic death threats, and a Jewish emergency worker being physically attacked by a colleague.

Shelley Lipman, a registered nurse in a hospital in Cambridge, said that even though she was raised secular, she is “fiercely proud to be Jewish” and has Hebrew tattoos on her arm as a statement of her identity.

“One of my colleagues who’s a healthcare assistant asked me what they meant. So then it came out that I was Jewish. And then I went on lunch, and when I came back the nurse was there literally holding a Nazi salute,” she said.

Another woman said she attended an event where a staff member said Jews don’t understand what racism is. The woman said when she tried to correct the staff member, “she then lunged across the table at me and tried to grab me across the table.”

NHS workers from the Medics For Gaza arrive at the pro Palestine rally at Israeli Embassy on March 22, 2025 in London, England. (credit: Guy Smallman/Getty Images)

A dentist testified to being in a dental group of 20,000 registered dental professionals where there was a public vote to ban and remove Zionists from the group because “they were spying on the other dentists in the group.”

“Shortly after that vote, many of us were removed from the group, people with Jewish-sounding names.”

Speaking to the camera, Stephen Silverman, Director of Investigations and Enforcement at CAA, reported that doctors with Jewish-sounding names have stopped wearing their name badges, and have been advised to stop ordering kosher food in hospitals so as to hide their identity. In fact, figures in July of this year said requests for kosher meals in British hospitals have reportedly halved in two years.

Silverman also said many NHS doctors are resigning and moving into private practice instead, where they find things safer.

Doctors also reported being either too scared to report incidents or feeling there was no point reporting them, as the issues were not dealt with.

One professional said he raised informal complaints and then formal complaints and grievances for years, but felt “the Trust tried to obfuscate, tried to misconstrue my concerns, and just do a number of things that in the end just made it impossible for me to continue working there. It made me ill, and it made me depressed. So I left.”

Doctor accuses Jews of shooting children for fun during surgery

Antisemitism was also an expressed concern for patients.

One shocking incident was recalled by patient Sam Freeman, who spoke of having an operation to remove a type of skin cancer from his forehead.

While the surgeon was cutting areas of skin from his forehead, he started speaking about the war in Gaza, adding, “you would think they would know better given what happened to them in Europe.”

Freeman remembered asking who the surgeon meant by ‘they.’

“His response to that, as he’s making an incision in my head, was ‘the Jews, the Jews should know better, the Jews do it just for fun they shoot children in the head or the leg on a for fun.'”

Freeman said that he realized at that moment that his Star of David necklace, normally hidden under his shirt, was visible.

“The guy has a knife. He’s working on me. It’s about as vulnerable you could be in terms of a patient and doctor interaction. I was panicking because I didn’t know if he was going to intentionally cause me harm.”

Freeman is now in the process of making formal complaints, but says he thinks it’s really difficult for Jewish patients to complain.

These are just some of the many incidents laid out in the documentary.

Additionally, on the same day CAA published representative polling of the Jewish community that shows a clear majority of British Jews would be concerned about not receiving equal care because they are Jewish (65%), and one third of British Jews who have used the NHS since October 7, 2023 say that they were uncomfortable due to their Jewish identity.

More than four in ten British Jews who have used the NHS since October 7, 2023 took steps to hide their Jewish identity.

“Our documentary exposes the antisemitic rot at the heart of our NHS,” said Silverman. “The anecdotal evidence presented in our film, together with the empirical data provided by our polling, demonstrate the magnitude and severity of this institutional crisis.”

“At the very moment when they need the NHS the most, instead of being able to trust our national healthcare provider, Jewish people are having to hide their identity for fear of unequal treatment or abuse. As long as that is the case, the NHS cannot be said to be for everyone.”

Judaism only religious group seeing rising discrimination in NHS, review finds

CAA CEO Gideon Falter said, “It was hard to fathom the depth of hatred that we were hearing about.”

He said the crisis requires a wide-ranging response that addresses the growing extremist culture within healthcare, the failure of regulation, the lack of transparency, and the absence of accountability.

In June 2026, UK government advisor on antisemitism Lord John Mann released his review of antisemitism in the NHS.

As part of the review, Mann heard that Jewish people in the NHS experience “routine ostracism”, with Jewish staff being the only religious group in the latest NHS Staff Survey for whom discrimination from colleagues is rising rather than falling, resulting in some considering leaving the NHS.

“It is well-evidenced that racism is persistent in the NHS,” Mann said, adding that “the case for taking action to combat antisemitism and other forms of racism in the NHS is clear.”

The Jerusalem Post reached out to the NHS for comment.

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Budget watchdogs have been given fresh cause for concern this week as the rate on 10-year Treasuries has tipped over 5%—a symbolic benchmark for investors and economists.

At the time of writing, yields on the 10-year note sat at 5.027%, having climbed steadily since February of this year.

The 52-week high came after the U.S. Treasury intervened in the bond market, with a multi-billion-dollar buyback scheme last month in an attempt to improve market liquidity.

But after a brief drop, yields resumed their march higher ahead of this week’s Federal Open Market Committee (FOMC) meeting, and ongoing tensions in the Middle East contributing to inflationary fears.

With yields now notching over 5%, longer-term interest rates across the economy are increasing, pushing up borrowing costs on the national debt as a result. Budget hawks have long worried that the U.S. might enter a debt spiral—a cycle where interest payments cause debt to grow because more borrowing is needed to finance that debt.

As Maya MacGuineas, president of the Committee for a Responsible Federal Budget, said in a statement last night: “If rates remain 80 basis points-plus above projections over the next decade, we’re on course to spend an annual $2.7 trillion on interest payments at the end of the decade. We’ll be spending more on interest than Medicare or Social Security retirement benefits.”

“High interest rates also increase cost-of-living for ordinary Americans. New homebuyers are paying 7% on their mortgages, and other loans are even more expensive. For businesses, the high cost of borrowing may stifle investment, slowing economic growth and leaving Americans poorer than they otherwise would be.”

The “real threat” is a debt spiral, MacGuineas added, saying: “A fiscal crisis, once unthinkable, is now a distinct possibility … If 5% interest rates aren’t a wake-up call, I don’t know what will be.”

Those on the bullish end of the debt debate would point out that, although yields are relatively elevated, the factors driving the rise at present don’t necessarily stem from fiscal concerns. Rather, they may reflect growth or inflation expectations over time, as opposed to demand for higher returns due to perceived risk in holding U.S. debt.

Bulls also argue that the U.S. economy could grow its way out of any fiscal concerns—increased productivity from the AI boom could propel the country out of danger, for instance.

The 5% benchmark

While debt hawks and doves might debate the importance of the 5% threshold being hit, UBS’s Paul Donovan points out that the number actually means very little in a real economic sense.

He told clients this morning: “Economically, there is no significant difference between a 4.9% yield and a 5.0% yield. Politically, 5.0% has more impact, as does the direction of travel. U.S. Treasury Secretary ‘House’ Bessent’s attempts to steer the market have not been crowned in glory, and U.S. fiscal policy has very limited credibility at the moment.”

Likewise, Roman Ziruk, lead FX strategist at global financial services firm Ebury, pointed out that while the U.S. is an outlier with its debt at over $40 trillion, rising Treasury yields are not limited to a single nation.

“The ongoing Iran war has fuelled a surge in oil prices, reviving inflation fears and adding a fresh layer of uncertainty as to the path for long-term central bank rates,” Ziruk noted to clients last night. “This is clearly not just a U.S. phenomenon, but a global one. Yields across the major economic areas have all risen in tandem with U.S. Treasuries in recent weeks, pointing to a shared, geopolitically driven pressure on bond markets that is not confined to the U.S. alone.”

This story was originally featured on Fortune.com

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Iran’s air defense shot down a US military MQ-1 drone over the Strait of Hormuz, the regime’s state broadcaster, Islamic Republic of Iran Broadcasting (IRIB), claimed on Tuesday.

According to IRIB’s claims, this would mark the third US drone shot down by Iran on Tuesday. 

Earlier, the Qatari-owned Al Jazeera reported that Iran’s Islamic Revolutionary Guards Corps had shot down a US MQ-1 drone over the Strait of Hormuz.

This is a developing story.

This post was originally published on here. 

Seventy-nine judges and senior court registrars were sworn in at the President’s Residence in Jerusalem on Tuesday evening, providing long-delayed reinforcement to a court system strained by vacant posts, growing caseloads, and an extended political fight over judicial appointments.

The official roster lists 62 judges and 17 senior registrars. The judges include six appointees to district courts, 44 to magistrate, family and juvenile courts, and 12 to traffic courts.

President Isaac Herzog hosted the ceremony, which started at 5:30 p.m., alongside Supreme Court President Isaac Amit and Justice Minister Yariv Levin. Their joint appearance is notable after repeated court battles over Levin’s refusal to convene the Judicial Selection Committee and his rejection of Amit’s appointment as head of the judiciary.

The appointees were selected during two committee meetings on June 28 and July 1, the first broad round of judicial selections since January 2025. The committee initially selected 53 permanent appointees and temporarily assigned another 15 serving judges to district courts, then selected 26 additional judges and registrars three days later. 

The ceremony marks substantial progress, but it does not eliminate the shortage. The appointments followed months of legal pressure on Levin, who chairs the nine-member Judicial Selection Committee.

Supreme Court President Isaac Amit and ten Supreme Court justices arrive for a hearing on petitions against the change to the composition of the Judicial Selection Committee, at the Supreme Court in Jerusalem, June 21, 2026. (credit: YONATAN SINDEL/FLASH90)

Levin had declined to convene the committee for approximately a year and a half without what he called broad agreement on the candidates. He argued that appointments imposed without consensus would deepen divisions surrounding the judiciary.

The High Court unanimously ruled on May 31 that the disagreement did not permit the minister to leave the committee inactive indefinitely. It ordered Levin to take the necessary steps to fill district court vacancies, prioritizing the particularly acute shortages in Beersheba and Haifa.

The justices found that the shortage had severely impaired the courts’ ability to enforce the law and provide effective service to the public. They also rejected Levin’s argument that permanent appointments could no longer be completed before the election, noting that the time pressure followed his own prolonged refusal to advance them.

Levin rejected the decision as unlawful and accused the court of taking control of powers assigned to the justice minister. The committee nevertheless convened in late June and approved the appointments, which are now reaching the oath-taking stage.

A separate High Court ruling in June ordered Levin to cooperate with Amit on appointments requiring action by both officials, including court presidents, deputy presidents and other senior judicial posts. The court rejected Levin’s claim that Amit had not been lawfully appointed and said the minister could not rely on procedural steps he had himself refused to complete.

High Court forced to order Levin to appoint Amit as Supreme Court president

The dispute dates to the appointment of Amit himself. After more than a year without a permanent Supreme Court president, the High Court ordered Levin to bring the appointment to a vote. Amit was selected in January 2025 and sworn in the following month at the President’s Residence, in a ceremony boycotted by Levin, Prime Minister Benjamin Netanyahu and the rest of the cabinet

Tuesday’s ceremony will not address the vacancies at the Supreme Court, which continues to operate with 11 of its authorized 15 justices.

Unlike appointments to lower courts, Supreme Court appointments require the support of seven of the Judicial Selection Committee’s nine members. That rule requires agreement across the committee’s political and professional blocs and prevents either side from selecting justices alone.

In its May ruling, the High Court expressly stopped short of ordering Levin to fill the Supreme Court vacancies because of that special voting arrangement. It nevertheless said the country’s highest court has faced serious difficulty operating below full strength for nearly three years, particularly as its workload has increased. 

The composition and voting rules of the committee may change after the election. Legislation passed in March 2025 would remove the Israel Bar Association’s two representatives and replace them with lawyers selected by the coalition and opposition. It would also alter the majorities required for appointments and introduce a mechanism intended to break prolonged deadlocks over Supreme Court seats.

The law is scheduled to take effect with the next Knesset. Petitioners and Attorney-General Gali Baharav-Miara argue that it would give political officials excessive influence over judges and damage judicial independence. The government and Knesset argue it would make the judiciary more representative and that the legal challenge was brought before the law took effect.

Amit warns of threats, harassment faced by judges

The new appointees also enter a judiciary whose leadership has repeatedly warned that public attacks on judges are moving beyond political criticism.

At the Israel Bar Association’s annual conference in June, Amit said discourse concerning the judiciary had reached an “unprecedented low.” He said serving and retired judges had faced harassment, threats, and personal confrontations, with some judges hesitant to answer calls from unidentified numbers. 

Two days later, ultra-Orthodox anti-draft protesters rioted outside the Alon Shvut home of Deputy Supreme Court President Noam Sohlberg while he and members of his family were inside. Windows and flowerpots were smashed, and a vehicle was damaged. Police detained 62 suspects, and prosecutors later indicted four men over the disturbance.

Amit returned to the subject this month, warning that “the path to physical violence first passes through verbal violence.” He said some court proceedings had been closed to the public because of feared disruptions and that, in more serious cases, court security had escorted lawyers and litigants to their vehicles.

This post was originally published on here. 

Survivors, victims’ family members, and other individuals affected by the October 7 Hamas massacre released the “October 7 Files” on Tuesday, a collection of documents and reports detailing the tragic events of that day and the time leading up to it.

“How is it possible that the greatest disaster in the State of Israel has not been investigated?” Shelly Mashal Yogev, mother of Libby Cohen Meguri, who was killed at the Nova music festival, said during a press conference. “After all, there are those to blame; we cannot simply move on with our lives, yet they do.”

Yogev blamed Prime Minister Benjamin Netanyahu for the disaster, listing several points where she considered him at fault.

“He devised a policy based on the need to crush Hamas and weaken [Palestinian Authority President Mahmoud] Abbas,” she accused Netanyahu. “He encouraged the influx of Qatari funds and billions into Israel, as well as the tons of concrete – materials amidst which our hostages languished, and from which some never returned.”

She also claimed that Netanyahu had been warned by the Shin Bet (Israel Security Agency), but had refused to authorize the killing of high-ranking terrorists ahead of the massacre.

Victims of the October 7 attacks hold a press conference in Tel Aviv, September 15, 2026. (credit: AVSHALOM SASSONI/FLASH90)

She also addressed Netanyahu directly, demanding he explain why he hadn’t assassinated Yahya Sinwar, former head of Hamas.

“If you had listened regarding the elimination of Sinwar, Libi would be here beside me,” she accused. “You charted the policy of transferring funds to Hamas – for what? What were you thinking?”

“The information presented here today reveals that the flawed ‘conception’ was the product of policy decisions made over fifteen years,” she said, adding, “decisions that led us directly to the October 7 massacre.”

Hostage families demand explanation from government for October 7

Einav Zangauker, mother of former Gaza hostage Matan Zangauker, also demanded an explanation for what she described as the government’s “campaign of escaping responsibility” for the conditions which preceded October 7.

“Why were massive sums of money transferred for years when it was known that Hamas controlled the area?” she asked. “What actions were – or were not – taken in response to the warnings? Why did the policy continue, and why were the warnings ignored?“

She also invited the public to read through the “October 7 Files” to ” familiarize yourself with the facts, and hold accountable those responsible for the debacle – those attempting to sow division and rewrite history.”

Another October 7 victim’s parent called for everyone in the government to be investigated: “The prime minister, the defense minister, the IDF chief of staff, the opposition, the Mossad, Shin Bet, National Security Council,” Natalia Casarotti, mother of Keshet, said. “Anyone found guilty must be imprisoned.”

Victims of the October 7 attacks hold a press conference in Tel Aviv, September 15, 2026. (credit: AVSHALOM SASSONI/FLASH90)

Netanyahu should not be allowed to run in election, soldier’s father says

A father of a soldier who was killed in Gaza, Professor Ephraim Shoham, criticized Netanyahu for not destroying Hamas.

“The prime minister previously stated that a government led by him would topple Hamas,” he said. “Seventeen years have since passed, 16 of which he has served as prime minister. Throughout this entire period, he did not marginalize Hamas; instead, he bolstered the organization by facilitating the transfer of funds to it and shielding its leaders. Netanyahu’s own cabinet colleagues have attested that this was indeed his approach, noting that he wanted Hamas to remain standing.”

After this concept collapsed on October 7, Shoham said, Netanyahu should not be allowed to run in elections or serve as prime minister.

Noam Peri, whose father Haim Peri was a Gaza hostage, claimed that Netanyahu had refused a proposal to bring back the children, women, and elderly men taken hostage, saying that “the picture is clear” in the October 7 Files. 

“Sadly, my father was right,” Peri said. “The person who led us to October 7 must go.”

Lishay Miran, whose husband was abducted during the massacre, said that the October 7 Files were “a collection of thousands of puzzle pieces, a picture which explains how we got to October 7, how we can’t be allowed to close our eyes in case we reach a day like that again.”

Gil Dickmann, cousin of the killed hostage Carmel Gat, said that she was there to prevent the next massacre.

“I’m here for the next Carmel, the hostages who haven’t been kidnapped yet and the victims who haven’t been murdered. We’re here to stop the next disaster.”

Dickmann added that the government could not be allowed to bury the October 7 massacre.

“We will hound you from studio to studio, from panel to panel, like the Mark of Cain,” she said.

Government ignored October 7 warnings, hostage’s sister accuses

Meirav Svirsky, whose parents were killed in Kibbutz Be’eri and whose sister was the late hostage Itay Svirsky, accused the government of ignoring warnings as to the danger.

“Over the past week, we learned – through the important investigative report by Ruth Yuval and Shlomi Eldar – about the warnings that could have prevented the disaster. For years – dating back to the ‘Jericho Wall’ plan – there had been warnings from female IDF observers and alerts from regional actors. Yet, the decision was made to stick to the prevailing concept: that Hamas was deterred and that quiet could be bought.”

Michel Iluz, father of the killed hostage Guy Iluz, invited government ministers to come to his son’s grave to tell them what the “complete victory” was.

“We have come to fight the campaign of lies and ask the tough questions,” he said. “I want to know what happened to my son on October 7, not fairy tales. As a father whose world has been shattered, we deserve answers and accountability. Such answers will only be obtained once a state commission of inquiry is established.”

“In recent years, the State of Israel has not been a normal place,” Naomi Or Ofek, 16, a relative of several massacre victims and Gaza hostages, said. “All of this is the outcome of human failure under the leadership of Benjamin Netanyahu.”

This post was originally published on here. 

Britain, the United States and the Netherlands on Tuesday issued a joint cybersecurity advisory detailing spyware they say is used by Iranian state-linked actors to target dissidents, activists and journalists.

Britain’s National Cyber Security Centre said Iranian state-linked cyber actors had used a spyware family known as “CHOSEN BRICK” to steal emails, messages and other sensitive information through “spear-phishing” campaigns on messaging platforms including WhatsApp and Telegram.

“The details of this cyber campaign reveal  how Iran ruthlessly uses digital surveillance in pursuit of  its  aim  to  repress critics of the regime, stealing emails and messages and accessing devices,” Paul Chichester, NCSC Director of Operations, said in a statement.

Iran’s embassy in London did not immediately respond to a request for comment.

The malware, according to the advisory, can collect information from contact lists, emails and social media accounts, capture screen content and access a device’s microphone. The NCSC said some victims’ personal details had later appeared on pro-Iranian leak sites.

A cyber warrior at a computer (credit: SHUTTERSTOCK)

Attackers pose as trusted contacts, use fabricated documents

The NCSC said the attackers often posed as trusted contacts on messaging apps and tailored their approach to individual targets. In some cases, it said, they used fake documents, including fabricated MRI test results, to persuade victims to download the malware.

The NCSC, alongside the FBI and the Netherlands’ AIVD intelligence service, said Iran “almost certainly” uses cyber operations to help suppress people it sees as threats.

This post was originally published on here. 

Antisemitic conspiracy theorists utilized the lead-up to the 25th anniversary of 9/11 to disseminate a broader web of unrelated libels targeting Jewish people, according to a study released by the Antisemitism Research Center of the Combat Antisemitism Movement (CAM).

Analysts at the ARC examined 4,360 unique posts gathered from the social media platform X/Twitter between August 28 and September 4 using four keyword scans related to the 25th anniversary of the terror attacks in the United States.

The evaluation revealed that 2,587 posts, representing 59.3% of the total review sample, simultaneously advanced antisemitic conspiracy theories while referencing the September 11, 2001, terror attacks.

The analysis highlighted that nearly one-in-five of the flagged posts fused 9/11 allegations with at least one distinct antisemitic conspiracy theory unrelated to the attacks. Out of the total flagged content, 491 posts integrated unrelated claims.

The most prevalent secondary narrative involved assertions concerning a Jeffrey Epstein and Ghislaine Maxwell blackmail network, which surfaced in 256 posts. Additional content invoked the John F. Kennedy assassination in 98 posts, followed by October 7 and “Hannibal Directive” claims in 83 posts, and the assassination of Charlie Kirk in 79 posts.

The remaining tower of New York's World Trade Center, Tower 2, dissolves in a cloud of dust and debris about a half hour after the first twin tower collapsed September 11, 2001.  (credit: REUTERS/RAY STUBBLEBINE)

Other evaluated posts incorporated references to the USS Liberty incident [a 1967 attack by Israel on an unarmed US technical research ship, after a warning was sent, but it was not received], the COVID-19 pandemic, the war in Ukraine, and antisemitic terrorist incidents in Bondi Beach, Mumbai, and Pahalgam. Researchers also noted instances invoking the Medieval “blood libel” accusing Jews of ritual murder.

No longer spreading isolated falsehood

“The 9/11 libel is no longer spreading as an isolated falsehood that can be debunked on its own terms,” ARC Research Associate Oliver Marks said. “It works as a gateway. A user drawn in by 9/11 content is, in one post in five, handed a second conspiracy theory in the same breath, centuries-old libels repackaged for a modern feed.”

The findings illustrate how individuals generating extremist content can rapidly incorporate contemporary events into established conspiratorial frameworks.

CAM called on platform administrators at X to enforce hateful conduct policies against the material and urged researchers, educators, and policymakers to address the wider conspiracy networks sustaining the falsehoods. 

This post was originally published on here. 

The United Nations Relief and Works Agency (UNRWA) has substantially overstated its progress on institutional changes, substituting administrative paperwork for actual reform while underlying issues involving terrorism and incitement remain unaddressed, according to a scathing report published by Geneva-based UN Watch on Monday.

The investigation, titled the “Report Card on UNRWA Reform,” analyzed the agency’s implementation of 50 recommendations issued by an independent review group led by former French Foreign Minister Catherine Colonna.

The Colonna review was originally commissioned by UN Secretary-General António Guterres in early 2024 to restore donor confidence after devastating revelations surfaced that UNRWA employees had participated in the October 7 massacre, which led 17 donor states to temporarily suspend $450 million in funding.

While UNRWA now says it has successfully completed 41 of the 50 recommended reforms, the UN Watch analysis concludes that this figure is misleading, noting that, at most, only 13 recommendations have been fulfilled as prescribed.

“UNRWA has graded its own homework and awarded itself high marks,” UN Watch Executive Director Hillel Neuer said. “But issuing a policy is not the same as enforcing it. Drafting a plan is not the same as implementing it, and closing a recommendation does not mean that the underlying problem has been solved.”

The UNRWA emblem is displayed on a building at the Kalandia Training Center in Qalandia refugee camp, West Bank, on August 25, 2026. (credit:  Mohammad Nazal / Middle East Images / AFP via Getty Images)

UNRWA adopts ‘Minimum Viable Product’ methodology

According to the report, UNRWA adopted a “Minimum Viable Product” methodology in mid-2025 that allowed recommendations to be classified as completed once a core objective was declared met, even where full implementation or institutionalization remained lacking.

Under this approach, the agency repeatedly treated administrative steps – such as conducting pilot programs, drafting new guidelines, or preparing costed implementation plans – as completed reforms, even when execution remained dependent on future funding or subject to ongoing hurdles.

Furthermore, the report said that despite promises to clean up its hiring practices, UNRWA still lacks a reliable mechanism to systematically screen its local workforce for membership in Hamas or Palestinian Islamic Jihad (PIJ).

The agency relies primarily on the UN Security Council sanctions list, which does not designate Hamas as a terrorist organization.

The UN watchdog’s report highlights that internal United Nations systems routinely fail to catch extremists, pointing to a June 2026 review by the USAID Office of Inspector General that independently referred 108 current or former UNRWA personnel for federal debarment due to ties to the October 7 attacks or Hamas military wings.

UN Watch also reported said that institutional hurdles are evident within staff unions. UNRWA marked all union-related reforms as fully completed simply because agency leadership drafted a modernized union statute. However, the report notes that the powerful staff unions, whose leadership has a long history of political radicalism and defending terror-linked colleagues, have refused to adopt the new rules. This was visibly demonstrated when the Gaza Staff Union aggressively mobilized to protest and demand the reinstatement of dozens of employees laid off over terror ties.

Antisemitism remains deeply embedded in UNRWA curriculum

In education, the report notes that although UNRWA points to new teacher training programs and textbook review protocols as proof of progress, independent monitoring by IMPACT-se on the 2025-2026 Palestinian Authority school curriculum used in UNRWA schools shows that antisemitism, the glorification of suicide bombers, and the promotion of violent jihad remain deeply embedded in daily lessons.

Physical security and facility oversight face similar gaps. The report emphasizes that paperwork and ethics posters cannot prevent the deliberate military misuse of UNRWA infrastructure. Because the agency lacks independent police, military, or intelligence capabilities, it remains entirely blind to underground threats, such as the network of Hamas attack tunnels discovered beneath and around its properties.

The report concludes that these shortcomings are structural rather than managerial.

Because UNRWA’s mandate is intrinsically tied to a political framework that perpetuates refugee status across generations and relies almost entirely on locally recruited staff embedded in local political factions, administrative adjustments cannot force true political neutrality.

UN Watch is calling on international donor governments to stop relying on UNRWA’s self-reported progress metrics and instead demand independently verifiable proof before restoring full financial backing.

UNRWA did not respond to a request for comment by press time.

This post was originally published on here. 

Physio Solutions, which does business as medlitix, is the 17th company certified to settle out-of-network payment disputes under the No Surprises Act as arbiters face increasing scrutiny from researchers and lawmakers.

This post was originally published here. 

OpenAI’s still looking at an IPO—but not in 2026.

On Friday, OpenAI CEO Sam Altman told Fortune editor-in-chief Alyson Shontell that it wasn’t the right time. 

“I actually think that, given everything happening with safety, right now would be an ill-advised moment to go public, and we don’t feel pressure on that,” he said in an interview for Shontell’s Titans and Disruptors of Industry podcast. 

Altman was referencing the outpouring of concern, fear, and chatter that emerged last week, when researcher Jacob Coxon (who’d also worked at OpenAI) resigned from Anthropic, with a very public message: AI’s makers are moving quickly and irresponsibly. Anthropic CEO Dario Amodei sounded off over the weekend, and Altman told Shontell that OpenAI’s go-public ambitions are linked to safety. As she wrote on Saturday:

He added that OpenAI will go public when the business is ready and when the company is ready as it relates to “what the moment is like in society with this technology.”

When pressed on whether 2026 is off the table in favor of 2027, Altman replied, “I would say not 2026. Yeah, we got a lot of stuff to do, like meeting this moment of what is going to be required for safety and alignment, and how the industry and governments can work together.”

Altman even suggested that AI’s biggest names, from Amodei to Hassabis, will likely get together to discuss safety at some point. 

“I’m not going to pre-announce private discussions that I think should be at some point shared as a group,” he told Shontell. “But, yeah, I think that will happen.”

All sorts of things are probably true here: The safety fears are absolutely a worthwhile conversation, and deeply valid. At the same time, I do wonder if it’s easier to talk about apocalyptic fears of the future than concerns of the present. (I’m far from the first to wonder about this dynamic.) There’s also a lot of money on the table: Investors have poured more than $180 billion into OpenAI over the years, and a much-anticipated exit appears far on the horizon. 

Regardless, it’s clear that the existential fears of the AI boom have hit a boiling point. And the conversation only matters so much, of course—the action from here is what will make a difference. And what that action looks like remains unclear. 

Watch Fortune’s whole interview with Altman here.

See you tomorrow,

Allie Garfinkle
X:
@agarfinks
Email: alexandra.garfinkle@fortune.com

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Prepare your “working hard or hardly working?” quippy response: Companies want you to role-play as an employee before they finalize your offer letter.

Work trials aren’t brand new, especially in more technical fields, but companies are increasingly leaning on them to find qualified candidates in a job market flooded with AI-optimized résumés and cover letters:

  • It could be an unpaid mock task you complete off-site that mirrors what you’d do on the job.
  • On the other end of the spectrum, the work trial might be a week in the office with the team you could potentially join. If the work you complete on trial benefits the company, the candidate generally has to be paid for it.
  • About two-thirds of companies use some form of skill-based hiring for entry-level roles, according to a 2025 survey conducted by the National Association of Colleges and Employers.

In theory, a trial is great for checking a candidate’s skills and collaboration style while weeding out folks who are just really good at interviewing. But they can be a barrier to employed workers who can’t afford to take a full week off work for a long test that might not end in a job offer. And they can quickly turn exploitative when they’re unpaid.

Applying for a job feels like screaming into the void. Companies have spent the last few years downsizing after pandemic-era overhiring. With AI supercharging the hiring process from both sides, an in-person element could make finding a job more human…if a candidate can make it past the bots to get to that round.—MM

This report was originally published by Morning Brew.

This story was originally featured on Fortune.com

This post was originally published here. 

Elena Rybakina won the U.S. Open women’s singles tournament last week, defeating reigning champion Aryna Sabalenka in the final face-off. Now, the 27-year-old is ranked the number one female player in the world. But just 10 years ago, the Moscow-born Gen Zer was at a crossroads: go to college, or stay focused on her career as a tennis player. Even defying her father’s wishes for her to stay in education. 

“I finished school and I had to decide if I should go to college,” the U.S. Open champion told the Women’s Tennis Association in 2020. 

“My dad wanted me to go to college because he was worried. He saw the results, but it was difficult for us financially. It’s not easy. Like every parent, he was worried if I got injured.” Plus, her father reasoned that she could get a “better education” abroad. 

“I had offers to universities in America, but I didn’t even think about it because I wanted to keep playing. I had like 15 offers. My dad really wanted me to go.” 

Ultimately, Rybakina chose the uncertainty of professional tennis over the security of a college education—and that decision set her on a path that would eventually make her a three-time Grand Slam champion, scoring 14 singles titles across 10 countries. “Because of tennis, I could get a better education,” she added.

Changing her citizenship and becoming a world champion, earning $11.4 million

Once Rybakina had made the decision to skip college and continue her tennis career, she made another pivotal choice that would shape her professional journey. The athlete had been playing for Russia up until that point, but in 2018 she switched federations to Kazakhstan—and even changed her citizenship. The Central Asian country offered the then-19-year-old funding and support to grow her career. 

Rybakina has made major strides in her decade-long career as a tennis pro. For years, she worked her way up through the ITF Circuit and WTA qualifying. In 2019, she ended the year ranked No. 36 for her first Top 100 finish and winning her maiden WTA title at Bucharest. 

Just one year into training with a private coach, she began turning that steady progress into a breakthrough run on the WTA Tour; she broke through in 2020, playing in five tour finals, more than any other player that year. Rybakina later snagged her first major title at the 2022 Wimbledon Championships, and in 2023, reached the 2023 Australian Open final.

From there, Rybakina’s career—and her earning power—continued to accelerate. 

Rybakina capped off last year by winning the 2025 WTA Finals undefeated, earning $5.235 million for her victory—which was the largest prize-money payout in the history of women’s sport at the time. By now she had several titles under her belt as well as a slew of brand sponsorships, including the likes of Nike, Adidas, and Red Bull.

And 2026 has been Rybakina’s best year yet. 

Earlier this year, she clinched her major title, winning the Australian Open. And just one week ago, following her in the U.S. Open Grand Slam victory, the Gen Zer took over Sabalenka’s No. 1 ranking, which the Belarusian held on to for nearly two full years. 

Today, Rybakina is the 10th highest-paid tennis star in the world, according to Forbes, earning $11.4 million on the court and $6 million off-court. And by winning the U.S. Open women’s singles, Rybakina brought home another $5.5 million in prize money.

“Honestly, I didn’t expect [anything] like this coming from this tournament,” Rybakina said after her recent New York City tournament win. “I’ve been dealing a little bit with injury, but somehow everything aligned on my side…I was coming here for the last 10 years, and it was never successful. Nothing close to that, and it’s just incredible.”

Later this year, the 27-year-old is also slated to compete in the WTA Finals to reclaim her championship title. After a season that has already delivered two Grand Slam titles, a record-setting payday, and the world No. 1 ranking, Rybakina is on a tear in the tennis world. 

If she didn’t forgo the chance to go to college in the U.S., it’s uncertain if she would have lived the same whirlwind success.

This story was originally featured on Fortune.com

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NAZA co-director Yuval Abraham accused Israeli media of ignoring Gazan civilians’ deaths for the entirety of the Israel-Hamas War after the film got significant pushback for its framing of the war in an interview with Israel’s Channel 13 on Monday.

NAZA, which is an IDF acronym for “collateral damage,” alleges that the military approved or planned strikes with AI assistance that killed hundreds of Gazan civilians. The IDF has denied the allegations.

In the interview, journalist Raviv Drucker pressed Abraham on why he did not identify the sources in the documentary.

“I have to tell you that as a journalist, I don’t think I would have aired this,”  Drucker said, accusing Abraham of having “no supporting evidence.”

“We don’t have their names, we don’t have their units, to know that they were really exposed to the information that they’re talking about. We don’t have the dates of the events, places, who was hit. We basically have nothing to hold on to, to refute or confirm the grave testimonies.”

Directors Yuval Abraham and Rachel Szor pose during a photocall for the documentary ''Naza'' in Competition, at the 83rd Venice International Film Festival, in Venice, Italy, September 10, 2026. (credit: REUTERS/YVES HERMAN)

Co-director of NAZA alleges that Israeli media did not cover IDF’s collateral damage policy

Abraham rejected Drucker’s questioning, noted that the documentary was published in partnership with The Guardian, and added that the interviews were more specific.

“This is a Guardian film, made in cooperation with a leading publication, with a staff of editors who had access to the raw materials,” Abraham said. “The identities of the people were verified, the cases they discussed were verified.”

He then pressed Drucker as to why Channel 13, or any other Israeli outlet, did not air allegations made by the 24 IDF Intelligence Corps officers the film interviewed.

“Why didn’t you broadcast?” Abraham asked Drucker. “Three years in the [Israeli TV news] investigative programs, there wasn’t even one item, if I’m not mistaken, that dealt with the rules of engagement in Gaza, that dealt with the collateral damage policy, that researched in-depth the damage to innocent Palestinians’ lives in the Strip.

“You say [our film] wasn’t complex enough. Okay. So why didn’t you broadcast something complex yourself?”

IDF: NAZA’s claims about collateral damage policy are ‘completely false’

Notably, NAZA has not been made publicly available in Israel. The IDF has also not allowed journalists to enter Gaza without a military escort since the start of the war in Gaza.

In one promotional clip of the film, one of the IDF intelligence corps. members who were interviewed were asked about the largest number of anticipated civilian deaths ever approved for a strike in Gaza.

“I don’t know how many were killed, because they never check this, but there was once an approval for 500,” the purported soldier said.

In a statement on X/Twitter, the IDF Spokespersons’ Unit called the information in the interview clip “completely false.”

“The IDF has never planned, approved, or carried out a strike in Gaza in which 500 civilians or anything near that number were anticipated to be killed. Nor was any credible claim raised throughout the war suggesting that an IDF strike had caused anything near that number of fatalities,” the IDF wrote in a statement on X/Twitter.

“The filmmakers couldn’t possibly verify this claim; there is no real supporting evidence, and yet they published it anyway. Additionally, nothing about the interviewee, not his service nor his role, can be independently checked and verified.”

In response to NAZA’s claims regarding AI, the IDF said that “decisions regarding the selection and approval of strikes in the IDF are made by human personnel only, in accordance with IDF guidelines, and not by artificial intelligence.”

This post was originally published on here. 

The IDF, in coordination with Shin Bet (Israel Security Agency), killed the commander of Hamas’s Jabaliya Battalion in a strike in the northern Gaza Strip on Monday night, the military announced on Tuesday.

The terrorist, identified as Ahmad Batash, was responsible for managing logistics for the Izzadin al-Qassam Brigades Northern Gaza Brigade and was an integral part of supplying weapons and equipment to Hamas terrorists in the region.

He was actively working to “restore the terrorist organization’s capabilities, in systematic violation of the ceasefire,” the military said.

IDF troops operate in the northern Gaza Strip to defend and clear terrorist infrastructure from the area of the Yellow Line, September 2, 2026. (credit: IDF SPOKESPERSON'S UNIT)

Counterterrorism operations continue in Gaza

Batash recently led attacks on IDF troops and Israeli civilians, according to the military

Batash’s killing is a continuation of IDF and Shin Bet counterterrorism operations across the Gaza Strip.

This marks at least the fifth terrorist serving in command and force-building positions killed this week.

At least four Hamas commanders were killed on Monday, with one top commander from Hamas’s Gaza City Brigade, killed in an overnight strike.

Avi Ashkenazi contributed to this report.

This post was originally published on here. 

Greece’s Central Archaeological Council advised against letting three Greek museums temporarily loan 12 Parthenon Sculptures to Frankfurt’s Liebieghaus Sculpture Collection, international media reported last week.

Deliberation over the request took place on September 1 and was voted against after the council learned that the requested Sculptures would be displayed alongside two sculptures loaned from the British Museum.

The sculptures are slated to go on display in November as part of Liebieghaus’s upcoming exhibition titled “Athena, the Stage is Yours: The Parthenon Puzzle.”

It is dedicated to the pediment sculptures of the Parthenon, “presenting for the first time an archaeologically sound proposal for the complete reconstruction of the sculptures on the east pediment,” according to the museum’s website.

“With this exhibition, we are demonstrating just how vibrant and insightful archaeological research can be today,” said Liebieghaus Director Philipp Demandt in an August press release announcing the exhibit. “The new findings fundamentally alter our view of one of antiquity’s most famous monuments and, at the same time, demonstrate how closely scientific precision and museum education can be intertwined.”

The restored western face of the Parthenon, Greece, July 2, 2026. (credit: Acropolis Restoration Service)

One single artifact to be displayed together

The Parthenon Sculptures are a long-standing point of contention between Greece and the British Museum, tracing back to the 1800s.

Between 1801 and 1812, British ambassador to the Ottoman Empire Thomas Bruce, also known as Lord Elgin, and his team removed the sculptures from Greece and brought them to England. The sculptures’ repatriation and legal ownership have been the subject of much debate since.

Greek daily paper To Vima explained that the Greek government’s position has been that the Parthenon Sculptures are not individual elements that can be lent out on their own, but rather pieces of a larger piece that must be displayed together. 

Allowing individual elements of the sculptures to be loaned to Liebieghaus would go directly against the government position, according to To Vima, and would suggest that it and the British Museum hold the ideal that the sculptures can be loaned out as individual pieces.

The press release, which was published before the Greek decision was announced, lists the Acropolis Museum as a contributor to the exhibit alongside the British Museum, though it does not go into detail regarding which of the Sculptures would be displayed.

In a recent interview with the French outlet Le Monde, British Museum Director Nicholas Cullinan explained that the difficulty of the British Museum permanently returning any artifacts stems from the British Museum Act of 1963, which “prohibits national museums from disposing of their collections.”

“Therefore,” he said, “the decision does not belong to the museum administrators, but to the British Parliament.” Which, given the current political climate, “does not seem [to me] that revising this law is a short-term priority for Parliament. That could take 10 years or more.”

Greece refuses to ‘loan’ Sculptures from British Museum

During the 25th session of UNESCO’s Intergovernmental Committee for the Return of Cultural Property to Countries of Origin (ICPRCP) in May, Greece’s delegation argued that progress to find a solution to the matter has been hindered by the British insistence that it is unable to permanently return the sculptures, as current legislation prohibits such a move, but rather proposed lending the artifacts to Greece.

Loaning artifacts from the British Museum, however, requires a precondition Greece refuses to adhere to.  

Before the museum’s trustees consider a loan request, the borrower – in this case, Greece – must acknowledge the British Museum’s ownership of the object.

Both the policy and the museum’s willingness to consider lending artifacts to Greece have been “made clear to the Greek government, but successive Greek governments have refused to consider borrowing or to acknowledge the trustees’ ownership of the Parthenon sculptures in their care,” the trustees said in a statement regarding the Parthenon Sculptures.

The Greek refusal, on the grounds that the sculptures are objects vital to the country’s cultural heritage and identity, has made “any meaningful discussion on the issue virtually impossible,” according to the trustees.

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An individual in their 20s was moderately injured after being hit by Jerusalem’s new L3 light rail line on Derech Agudat Sport Hapoel near Malha Mall, Magen David Adom announced on Tuesday afternoon.

A second person was lightly injured, MDA said.

Both have been evacuated to Hadassah-University Medical Center in Jerusalem’s Ein Kerem. 

The L3 segment opened in late August and spans several kilometers, running from Haturim station west to Malha Mall and the expanding Gav Yam tech park.

The segment adds 12 stations to the network alongside the existing Haturim interchange and the Central Bus Station/Navon hub.

United Hatzalah volunteers respond to a car accident on Highway 762 near Rechasim on Sunday.  (credit: UNITED HATZALAH‏)

One killed, one seriously injured in latest fatal road accident in Israel

On Sunday, a man in his 30s was killed, and a woman in her 40s was seriously injured in a two-vehicle collision on Route 762 near Rechasim.

Magen David Adom teams pronounced the man dead at the scene. They treated the woman before taking her to Rambam Health Care Campus in Haifa with injuries to her abdomen and lower limbs.

Firefighters also responded to the scene. Upon arrival, they found a vehicle split in two, with part of it having rolled into a ditch about four meters deep.

Earlier in September, two people were killed, and six others were injured in traffic accidents across Israel over one weekend. 

Yoav Etiel and Shir Perets contributed to this report.

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The Lebanese government is pressing members of the UN Security Council to establish a multinational force that would replace the UN Interim Force in Lebanon (UNIFIL), which currently serves as a buffer between Israeli and Lebanese forces and whose mandate is set to expire at the end of the year, two Western diplomats told The Jerusalem Post.

UNIFIL’s mandate in southern Lebanon is expected to expire at the end of the year under a UN Security Council resolution, after years of operating to monitor the implementation of Resolution 1701, which ended the Second Lebanon War. With the mandate’s expiration, responsibility for security and maintaining stability in southern Lebanon is expected to shift largely to the Lebanese Armed Forces (LAF).

UNIFIL is a UN peacekeeping force in southern Lebanon that was established in 1978 and operates under Security Council resolutions. Under its UN mandate, its primary role is to assist the Lebanese Armed Forces in ensuring that the area south of the Litani River remains free of weapons and armed personnel, in accordance with Resolution 1701.

The force consists of thousands of troops from various countries and conducts patrols, observation missions and operational activities alongside the Lebanese Armed Forces.

France pushes for extension

France is seeking to pressure the Security Council to extend UNIFIL’s mandate in southern Lebanon, a French official told the Post, saying the goal is “to avoid a vacuum and ensure a smooth transition to whatever comes next.”

A UNIFIL convoy rides through the town, as seen through the window of a vehicle, in Tyre, south Lebanon, April 15, 2026.  (credit: REUTERS/Louisa Gouliamaki)

In an effort to ease American opposition, France is arguing that the extension would be temporary. At this stage, however, Washington remains opposed to extending UNIFIL’s mandate.

The Lebanese government’s understanding that the US administration opposes extending UNIFIL’s mandate has led Beirut to propose a compromise: “Not a UNIFIL force, but rather a UNIFIL-like force that would serve as a buffer between Israel and Lebanon and remain in southern Lebanon.”

The Lebanese proposal calls for a force significantly smaller than the current UNIFIL deployment. Lebanese officials told senior US officials that “something needs to remain – some kind of force – in the area under Israeli control.”

Although the US has not yet agreed to the proposal, discussions are currently underway over the option, including the potential mandate and size of such a force, according to the two Western diplomats.

Israel opposes UNIFIL presence

The sides will have to reach a decision by November. Israel opposes the continued presence of an armed multinational force south of the Litani River, but there is concern that international pressure could ultimately lead the US, which holds veto power on the Security Council, to refrain from blocking the initiative.

“We have learned the hard way that UNIFIL forces do not help – they cause harm,” Israel’s Ambassador to the UN Danny Danon told the Post.

“By their very presence, they enable Hezbollah terrorists to return to various positions under the cover of UNIFIL activity. As a result, when UN forces are operating around us, it makes it more difficult for us to ensure that Hezbollah does not return to those positions. That is why we believe this mandate should end and the Lebanese Armed Forces should be allowed to be on the border and work with us.”

Danon stressed that Israel wants to work with the Lebanese Armed Forces in a manner similar to its coordination and cooperation with the Egyptian and Jordanian militaries.

“We believe they need to demonstrate independence not only in words, but also through actions,” he said.

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The IDF located missiles and a rocket launcher belonging to Hezbollah terrorists in southern Lebanon on Monday, the military announced on Tuesday afternoon.

Soldiers from the IDF’s 810th Mountain Brigade, under the command of the 210th Division, discovered the weapons during operations in the area of Mount Dov, within Israel’s security line.

Earlier in the day, the military said that troops from the 55th Brigade, operating under the command of the 91st Division, located ready-to-use rocket launchers in southern Lebanon.

The launchers contained 32 rockets aimed at Israeli territory, the IDF said, adding that they had been left in the area since before the ceasefire agreement took effect.

All of the launchers, as well as a nearby terrorist hideout containing a shaft belonging to Hezbollah, were dismantled.

Hezbollah rocket launcher discovered by IDF troops operating in the Mount Dov area of southern Lebanon, September 15, 2026. (credit: IDF SPOKESPERSON'S UNIT)

Weapons, IDF uniforms found in West Bank

Additionally, the military located weapons in the West Bank village of Talfit in a separate incident on Tuesday, according to Army Radio.

Scarves with the Palestinian flag, uniforms, and additional items were also located and seized.

An m-16 rifle, a palestinian flag, combat vests, and what appears to be body armor seized by the IDF in the West Bank raid on September 15, 2026. (credit: IDF SPOKESPERSON UNIT)

Border Police arrest three people suspected of terrorism involvement 

Separately on Tuesday, Israel Police announced that Border Police officers arrested three people suspected of being involved in terrorism during overnight operations in the West Bank village of Bir Neballa.

In the first operation, using intelligence provided by the Shin Bet (Israel Security Agency), officers raided the homes of two of the suspects and arrested them.

During the second operation, guided by intelligence from Israel Police’s Judea and Samaria District, soldiers raided the home of the third individual and arrested them as well. 

All three were transferred to the Jerusalem Border Police’s investigation and intelligence department for further questioning.

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The Religious Zionist Party, led by Finance Minister Bezalel Smotrich, published on Tuesday an AI campaign video showing the arrests of Supreme Court President Isaac Amit, Supreme Court Justice Daphne Barak-Erez, and Attorney-General Gali Baharav-Miara.

The video was released as part of the far-right party’s launch of its plan for a future judicial reform, should it be part of the next government after the October elections. 

It shows Amit, Barak-Erez, and Baharav-Miara being dragged away by security personnel against the background of a protest resembling those that took place in 2023.

The video opens to show Amit carrying a sign reading “Not Smotrich!!!” Later, Baharav-Miara is shown holding the same sign.

Fire, Israeli flags, and signs reading “democracy” can also be seen in the background of the clip.

Screengrab from the Religious Zionist Party's recent campaign video showing the arrest of Israeli judicial officials, September 15, 2026. (credit: Religious Zionist party)

At the beginning of the government’s term in 2023, the party pushed for a contentious judicial reform amid an ongoing rift with the judiciary, which led to mass protests across the country.

Though the reform was not passed during the government’s term, a highly controversial bill that seeks to significantly weaken the attorney-general’s power to influence and have oversight over the government was passed by the Knesset in July.

A main aspect that was removed from the bill was the attempt to split the duties and powers currently held by the attorney-general between two separate officeholders: an attorney-general and a prosecutor-general.

RZP’s judicial reform plan stated that a central aspect of it would be to work toward splitting the duties of the A-G, further weakening the role. 

The tensions come amid the government’s ongoing rift with the judiciary and Baharav-Miara. 

Israeli politicians condemn RZP’s campaign video

Prime ministerial candidate Gadi Eisenkot, who has been a leading contender in the opposition bloc seeking to replace Prime Minister Benjamin Netanyahu in the October elections, condemned the video and sharply criticized it for targeting the judicial system.

“I strongly condemn the disgraceful and violent video posted by draft-dodger and draft-refusal supporter Bezalel Smotrich, who claims to represent the sons and daughters of Religious Zionism, but in practice tarnishes and harms the name of an entire sector,” Eisenkot stated.

“And all this during the Ten Days of Repentance, on the eve of Yom Kippur. They have learned nothing from October 7.”

“In their political distress, they are willing to drag Israeli society into an abyss – again. We will not let them. For the sake of Israel and its future, we will send them home soon.”

Leader of the left-wing Democrats party Yair Golan, who is also part of the opposition bloc, said the video was “dangerous incitement and a call to shed blood.” 

“Those who mark Supreme Court justices and the attorney-general as enemies and portray them being dragged through the streets know exactly what they are doing,” he added.

“These are the same people who spent four years tearing Israeli society apart from within. Smotrich, the architect of the ‘Hamas is an asset’ doctrine, was a full partner in the government that brought Israel the greatest disaster in its history.”

Golan vowed that after the elections his party would “put an end to this,” replace the current government, “repair the damage, and “bring responsible, strong and democratic leadership back to Israel.”

Smotrich has previously expressed his commitment to remaining in Netanyahu’s bloc in the next government.

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Canada is seeking private investment through long-term concessions to operate the nation’s four largest airports as part of a campaign to boost the economy, Prime Minister Mark Carney said on Tuesday.

The airports are in Toronto, Montreal, Calgary and Vancouver. The Liberal government said last year it was looking at ways to boost investment in airports but at that stage did not give specific details.

Carney is welcoming dozens of global investors to Toronto this week, hoping to attract investment in more than 160 projects that he says are key to steering Canada’s economy through a trade war with the United States.

“We will seek private investment through long-term concessions to operate Canada’s four largest airports,’ Carney said in opening remarks to the summit.

Air Canada passenger planes are seen at the Toronto Pearson International Airport on March 31, 2025 in Toronto, Ontario, Canada.  (credit: Cole Burston/Getty Images)

Canada to ‘unlock true value by bringing in new capital’

“(We) will retain ownership of the underlying land and assets, but we will unlock their true value by bringing in new capital and expertise into their operations and growth.”

Speaking on the sidelines of the summit, two asset managers told Reuters they would be interested in investing in airports.

Canadian labor groups have said they oppose privatization, arguing that it would raise costs for travelers.

This post was originally published on here. 

Israel’s ambassador to the United Arab Emirates, Yossi Shelley, said on Tuesday that another country, possibly Kuwait, could join the Abraham Accords within four to six months, he said in an interview with KAN Reshet Bet.

Several months ago, US President Donald Trump wrote in a post on the Truth social media platform that negotiations with Iran were “moving along nicely,” but stressed that from his perspective the options were “a big deal for everyone, or no deal at all.”

Trump said that if an agreement is not reached, the sides would return “to the battlefield and to shooting, but bigger and stronger than ever before,” adding that “nobody wants that.”

Trump calls for broader Abraham Accords participation

Trump also referred to talks he held on Saturday with leaders from the Middle East and the Muslim world, which included Saudi Crown Prince Mohammed bin Salman Al Saud, UAE President Mohammed bin Zayed Al Nahyan (MBZ), Qatar’s Emir Tamim bin Hamad Al Thani, Qatar’s Prime Minister Mohammed bin Abdulrahman Al Thani, Pakistan’s military chief Field Marshal Asim Munir, Turkish President Recep Tayyip Erdogan, Egyptian President Abdel Fattah al-Sisi, Jordan’s King Abdullah II and Bahrain’s King Hamad bin Isa Al Khalifa.

He said that “after the great work the United States has invested in formulating the agreement, the countries involved should sign the Abraham Accords simultaneously.”

 From right to left: Eliram Azulay, Head of the Har Hevron Regional Council; Yossi Shelley, Israel's Ambassador to the UAE; Dr. Ali Rashid Al Nuaimi; Yisrael Ganz, Head of the Binyamin Regional Council and Chairman of the Yesha Council; and Omer Rahamim, CEO of the Yesha Council. (credit: YESHA COUNCIL)

According to Trump, the countries that should join the agreements are Saudi Arabia, the United Arab Emirates, Qatar, Pakistan, Turkey, Egypt, Jordan and Bahrain.

Trump noted that the UAE and Bahrain are already members of the accords, and added that one or two countries may choose not to join. However, he said that most should be “ready, willing and able” to turn the arrangement with Iran into a broader historic event.

Shelly denies report of Emirati warnings before October 7

Shelley also addressed the reports that MBZ warned Prime Minister Benjamin Netanyahu before the October 7 massacre and denied the claims. “I was there during those days. I do not remember any warning or any discussion about it,” Shelley told KAN Reshet Bet.

“In my opinion, it passed as if it never happened. I can say something: I was also there during those days. I do not remember any warning or discussion about it. But who am I, the small person who sat in several cabinets? I never heard of this thing, not in March, not in April, not in May, and not in June,” he said when asked about the impact of these reports.

“I think any statement by the Emiratis in this area would have disrupted the issue for both sides. They said what they said, and I think that whoever reads between the lines understands what happened. So it is hard to interpret what isn’t explicit. The most important thing is that we are on the rise. I see it in our relations, I see it in the visits, some of which are reported and some of which are not, because naturally our region is quite sensitive,” he added.

Against the backdrop of the six-year anniversary of the UAE joining the Abraham Accords, Shelley discussed the ups and downs in relations between Jerusalem and Abu Dhabi, saying the ties are strengthening.

“We are experiencing dramatic growth, and the bottom line is that we are true partners at the moment of truth. In the end, in the money time, who do you say will be the person you pick up the phone to and they will give you help?” he said.

Jerusalem Post Staff contributed to this report.

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After ProPublica reported that a Russian close to Putin bankrolled Donald Trump Jr.’s wedding on a private island, Don Jr.’s wife said the oligarch is a “dear friend” who gave a generous wedding gift. Send news tips and a stand mixer to John.Wilkerson@statnews.com or John_Wilkerson.07 on Signal.

The need-to-know this week

  • Today, the Senate Finance Committee will hold a confirmation hearing to consider Chris Klomp as deputy secretary of Health and Human Services and Ge Bai as assistant HHS secretary. The Senate health committee will hold a courtesy hearing on Klomp’s nomination tomorrow. Heidi Overton, President Trump’s pick to run the Food and Drug Administration, is absent from the confirmation hearing list. She was formally nominated on Monday.
  • Today, the House Energy and Commerce subcommittee on health will hold a hearing on 17 health care bills, including proposals to increase Medicare payment to doctors.
  • The House had scheduled a health care fraud bill for a floor vote, but it was taken off the agenda. It’s unclear whether it will resurface or whether Republicans will consider a different fraud bill that is less partisan. Fraud bills generate significant savings, which could be important if lawmakers attempt to pass health care measures during lame duck.
  • On Thursday, health secretary Robert F. Kennedy Jr. will give a keynote address at a Children’s Health Defense conference. Other speakers include Sens. Ron Johnson (R-Wis.) and Rand Paul (R-Ky.).

RFK Jr., full circle

Kennedy’s speech at the anti-vaccine Children’s Health Defense conference is his first public embrace of the group since taking over at HHS, Isa Cueto reports.

Continue to STAT+ to read the full story…

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Miami hasn’t always been a destination for luxury and wealth. For a long time, it was seen as a fun place to party and vacation—an escape from the world. But as more wealth has moved from major cities like New York and Los Angeles, Miami has become an epicenter for luxury and lavishness. 

In 2025, a home in the city sold for more than $100 million for the first time ever. Jeff Bezos has assembled more than $230 million in property on Indian Creek Island, the guarded enclave known as the “Billionaire Bunker,” and Citadel CEO Ken Griffin moved his company’s headquarters there. Mark Zuckerberg, Larry Page, and Peter Thiel all also bought property there. 

And now, 19 of Florida’s 20 richest billionaires officially reside in Miami-Dade County, according to data published earlier this year. The pull is familiar: no state income tax, plenty of year-round sun, and a business-friendly climate that COVID-era remote work only improved. Meanwhile, Miami’s millionaire population has grown 75% in a decade, at least in part because of heat from California’s Proposition 40, a proposed one-time 5% wealth tax on billionaires that has some Californians moving coasts.

So now that the wealthy have their luxury homes in Miami, a developer is betting they need somewhere lavish to work, too.

Not your average cubicle

Betting against what many saw as a cratering office market, Robert Rivani squarely believes the office isn’t dead. He just thinks it’s boring. 

“When everyone thinks it’s falling apart,” he told Fortune, “that’s when we’re jumping in.”

So his answer is a $100 million redevelopment at 1691 Michigan Ave., steps from Lincoln Road—the world-famous promenade in the heart of Miami Beach—that he’s branded as “Class X.” Rivani, a Beverly Hills-born developer who built his real estate career buying up shopping centers after the 2008 crash and later pivoted into Miami hospitality, has made a habit of moving into asset classes just as others write them off.

The 163,000-square-foot building, which was formerly called The Lincoln, was bought for $62.5 million in 2024. The Rockwell Group gutted and redesigned it into something more like a five-star hotel than a stale space for answering emails.

Photo courtesy Rivani

The amenity deck is the heart of the development, which includes a Monarch Athletic Club performance center with a cold plunge and sauna, its first location outside of California. A stem cell clinic and a longevity doctor administer peptides, and a members-only speakeasy is private for tenants by day and public after hours. The development also includes an omakase restaurant, a concierge, a hospitality director, and a valet.

“Our valet is supposed to be this shock-and-awe, Vegas-style valet,” Rivani said. “You have a twinkle-light ceiling. As soon as you hit the pavement, it follows your car all the way through in the valet with 150 feet of linear waterfall.”

Plenty of landlords have tried luring tenants back with on-site gym memberships and free snacks. But Rivani calls those gestures gimmicky—and instead has invested in having a gym, doctor, wellness suite, and happy hour all under one roof. Rivani, who said he has dealt with autoimmune issues, built the wellness focus inspired by his own needs.

“The [two things] money can’t buy are time and health,” Rivani said. “And that’s where the concept came together. I said: ‘Okay, we’re not doing office. We are defining what office should look, feel, act like.’ And that’s where the brand and the whole concept came about.”

Photo courtesy Rivani

“And I wasn’t scared because I thought it was a whole different genre,” he added. 

Class X has moved well beyond concept and has landed several big-name tenants. Playboy is relocating its global headquarters from Los Angeles to a 20,000-square-foot penthouse at the building on a 10-year lease. Shark Tank star Daymond John has also signed on, as did Morgan Stanley, Wix, Raymond James, Comcast, and Coldwell, as well as a roster of longevity and medical practices. 

Rivani said the building was roughly 90% pre-leased before opening, with rents approaching $175 per square foot, a figure he calls “pretty much unheard of.” 

A second phase is already planned atop the parking garage, adding a restaurant, more office space, and rooftop padel courts. Beyond that, Rivani wants to take Class X national with members using amenities across cities like an office version of a Soho House. He’s targeting a fundraise in 2027, once the concept is proven.

“We’ve not raised a penny to date,” he said. “I’ve bootstrapped this entire thing myself.”

This story was originally featured on Fortune.com

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WASHINGTON — The Food and Drug Administration is opening applications for a pilot program designed to shorten the amount of time it takes for drugmakers to begin testing their products in humans, the agency announced Tuesday. 

The pilot was first announced in June as part of Operation TrialBlazer, the Department of Health and Human Services initiative that pledged to shorten the FDA’s drug approval timelines and help the U.S. compete with the rapidly accelerating biotechnology industries in countries like China and Australia.

“Too often, the U.S. pathway can be measured in years, while other countries’ pathways are measured in months,” the department wrote in the TrialBlazer roadmap. 

Continue to STAT+ to read the full story…

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A Medicare experiment in paying for technology to help people manage chronic conditions has just barely gotten underway, and already, officials are moving to expand it.

Announced last year, the ACCESS model will pay approved companies to manage the chronic conditions, including diabetes, high blood pressure, chronic musculoskeletal pain, depression, and diabetes. The model introduces outcome-aligned payments, in which providers are paid more if their patients’ conditions improve.

Regulators on Tuesday announced that they would expand the number of chronic conditions that will be eligible for the ACCESS model to include substance use disorder, heart failure, chronic obstructive pulmonary disease tobacco use, and longer-terms support for musculoskeletal conditions. The new condition tracks will start in spring 2027.

Continue to STAT+ to read the full story…

This post was originally published here. 

Nurses in the U.S. can use Oracle’s clinical artificial intelligence agent to search for and navigate patient charts via voice commands and generate nursing summaries, the company announced Monday.

This post was originally published here. 

Saudi Arabis’s crown prince departed for Egypt on a state visit on September 15. This is an important trip. It comes after Houthi attacks on Saudi Arabia. It also comes in the wake of an Iranian-backed militia attack on a key Saudi pipeline. The US is monitoring the situation, and it is not clear yet what Riyadh will do in the face of multi-front threats.

Egypt has been a friend and ally of Saudi Arabia for many years. It worked with Saudi Arabia in intervention in Yemen in 2015. Saudi Crown Prince Mohammed bin Salman is meeting with Egypt’s President Abdel Fattah El-Sisi.

Saudi Arabia’s Arab News noted that “Egyptian President Abdel Fattah El-Sisi will meet with Saudi Crown Prince and Prime Minister Mohammed bin Salman on Tuesday. The talks will address a variety of issues of mutual interest between Egypt and Saudi Arabia.” The report added that they are expected to discuss a range of issues of mutual interest, the Egyptian presidential office said.

“The two leaders will exchange views on regional developments amid the latest tensions and changes in the region, while also discussing ways to strengthen Egyptian-Saudi relations and expand bilateral cooperation.”

Meanwhile, Saudi Arabia warned Tuesday it will react “firmly” to Yemen’s Houthis, after a new series of attacks. “The Houthis have been engaged in renewed fighting with Saudi-backed government forces since Yemen’s civil war reignited in July, when the group declared a maritime blockade on Riyadh and began targeting its ships in the Red Sea,” Egypt’s Al-Ahram said.

Saudi Crown Prince Mohammed bin Salman chairs the inaugural session of the Shura Council in Riyadh, Saudi Arabia, September 10, 2025 (credit: SAUDI PRESS AGENCY/HANDOUT VIA REUTERS)

“The group seized control of Yemen’s Red Sea coast and the Bab al-Mandab Strait last week, which has become vital as the wider US-Iran war chokes the Strait of Hormuz, in a significant blow to Yemeni government forces,” the report noted. A Houthi strike in western Yemen on Monday killed eight soldiers from government forces, according to two military sources.

Saudi Arabia also confirmed Tuesday there had been missile and drone attacks the previous day on Khamis Mushait, Abha and Taif. Thirteen people were wounded. Riyadh carried out around 50 strikes on the Houthis, local media said. Meanwhile, Hazem al-Assad from the Houthis’ leadership said the “Yemeni response will continue and escalate as long as they (Saudi Arabia) persist in their aggression against our people”.

Saudi Arabia struggles to get its oil past Hormuz

The developments further strain Saudi Arabia’s effort to get its oil to market while avoiding the Strait of Hormuz, the choke point at the mouth of the Persian Gulf where Iranian attacks have stifled shipping.

Al-Ahram in Egypt noted that “the developments further strain Saudi Arabia’s effort to get its oil to market while avoiding the Strait of Hormuz, the choke point at the mouth of the Persian Gulf where Iranian attacks have stifled shipping. The kingdom relies on the East-West Pipeline, which runs the breadth of the country, to move its crude production from Gulf ports to ports on its western, Red Sea coast. From there it can be put on tankers for export.” It added that “an attack that Saudi Arabia blamed on drones from Iranian-backed militias in Iraq forced the shutdown of the 1,200-kilometre (745-mile) pipeline on Thursday [September 11].”

Meanwhile in the US, US Vice-President JD Vance spoke to reporters before boarding Air Force Two at Joint Base Andrews, Maryland. Vance said the Trump administration was closely monitoring the rapidly changing situation in Yemen. “We’ve been engaged in direct conversations with the Houthis themselves,” Vance said, according to Al Jazeera.

Meanwhile in Yemen the Houthis expanded control on several islands. These included Perim island. “We are going to keep on monitoring the situation,” the US Vice-President added.

As a curtain raiser for the meeting between the Saudi and Egyptian leaders, Saudi Arabia’s media outlets projected a positive tone. This is important in Egypt. Al-Ahram noted that the goal is to highlight “the strategic relationship between Cairo and Riyadh. However, Red Sea security, the Bab El-Mandeb Strait, Yemen, and regional de-escalation received greater emphasis than trade and investment.”

Ahram added that “The programme includes a bilateral meeting between the two leaders, followed by expanded talks between the Egyptian and Saudi delegations and a luncheon hosted by El-Sisi.” It noted that “the talks will address bilateral cooperation and regional and international developments of mutual concern, Presidential Spokesman Mohamed El-Shennawy said.” There is no doubt the countries are cooperating and coordinating on regional issues. However it is not clear if Saudi Arabia will respond to the developments in Yemen and Iraq.

Meanwhile Ahram also reported on a new terminal opening in Egypt. The Sokhna Cargo Terminal is operated by the Marine Ports Company. It received a vessel and handled “its berthing, unloading, and cargo operations as part of the trial phase. Suez Cargo Handling Company, another ministry-affiliated company, carried out the unloading,” Ahram noted.

 Trial tests the terminal’s readiness

Transport Minister Kamel El-Wazir said the trial operation aims to test the terminal’s integrated operating system and ensure the readiness of its berths. “The terminal has a 397,000-square-metre handling yard and two berths with a combined length of 1,200 metres and a depth of up to 18 metres, allowing it to accommodate large vessels and handle various types of general and dry bulk cargo. It is designed to have an annual handling capacity of around 10 million tons.”

The terminal is at the southern end of the Gulf of Suez, around 40km south of the Canal. “Egypt has begun trial operations at the first phase of a general cargo and dry bulk terminal at Ain Sokhna Port, receiving the vessel GAMBELLA carrying 1,460 metric tons of battery units for an energy storage system, the Ministry of Transport said on Monday,” Ahram said. This shows that Egypt continues to invest in Red Sea infrastructure.

At the same time Egypt held an exercise with Greece. The drill “involves naval, air force, air defence, reconnaissance, and special forces units, including paratroopers and commandos, from Egypt, Greece, Cyprus, France, and Italy.” This is important because it illustrates how Egypt works closely with countries that are also close to Israel, such as Greece and Cyprus.

“The exercise began with Egyptian and Greek naval forces conducting a passage exercise while en route to Greece, alongside theoretical and practical preparatory training aimed at standardizing combat concepts and exchanging expertise among the participating countries,” Ahram noted. “The drills are expected to include various naval and air combat activities against different threats, as well as exercises, live-fire drills, and training to counter asymmetric threats.”

Taken together, the drills as well as the port investment and the visit from Saudi Arabia illustrates how Egypt is positioning itself between the Arab world and Eastern Mediterranean. 

This post was originally published on here. 

The first workable global AI safety pact should be designed for a world without trust.

A few months ago, I attended a closed gathering in San Francisco with senior AI developers and safety researchers from several leading frontier labs. The message was stark: AI capabilities might soon advance faster than our ability to understand and control them, and if safety could not keep pace, development itself might need to slow.

I came away believing the concern was genuine. Still, skepticism was reasonable. When companies leading a technological race argue that the race should slow, it is fair to ask whether safety concerns also serve competitive interests.

That is much harder to dismiss now.

Last week, Jacob Coxon, who worked at both OpenAI and Anthropic, resigned from Anthropic with a warning about the race toward self-improving AI. Days later, Anthropic CEO Dario Amodei called publicly for “pacing the frontier,” pointing to accelerating AI-assisted AI development and to the OpenAI-Hugging Face incident, in which agents acted beyond their assigned task and attempted to interfere with the system evaluating them.

Amodei proposes action at three levels: inside frontier companies, among companies and governments, and ultimately globally, including with China. The third is by far the hardest. It may also determine whether the first two can work.

Safety fails if restraint means losing the race

Suppose American frontier labs agree to slow certain forms of development because safety systems cannot keep up.

If China continues at full speed, Washington could sacrifice strategic advantage in what may become the most consequential technology of this century. Reverse the scenario and the problem is identical. If Beijing restrains Chinese developers while believing American labs are secretly advancing, China has every reason to defect.

That is the central problem with AI pacing: restraint is rational only if each side has sufficient confidence that the other is also constrained.

And the United States and China do not trust each other.

Nor are they likely to agree soon on privacy, surveillance, censorship, military use, or the values advanced AI should serve. A framework built around broad shared principles will collide with geopolitical reality.

But they may not need broad agreement. They need agreement on catastrophe.

Neither Washington nor Beijing benefits from losing control of systems capable of autonomous replication, accelerating the development of their own successors, evading oversight, or enabling catastrophic biological or cyber harm.

That is where international coordination should begin.

Do not negotiate how fast AI should move. Negotiate when to brake.

The mistake would be to wait until a model can already replicate autonomously, evade control, or generate catastrophic capabilities. By then, intervention may be too late.

Instead, there should be advance agreement on early warning indicators and development practices that materially increase the probability of approaching those capabilities.

These could include rapid growth in the extent to which AI autonomously performs AI research, increasingly sophisticated attempts to manipulate evaluations, sharp movement toward dangerous biological or cyber capabilities, unusual increases in compute or GPU consumption that signal aggressive scaling, or development practices that substantially reduce human visibility into what increasingly autonomous systems are doing.

The agreement should not say: stop when catastrophe arrives. It should say that when agreed indicators show we are approaching a dangerous capability faster than safeguards can keep up, specified development steps slow or pause before that capability is reached.

That is more realistic than trying to negotiate a permanent global speed limit for AI.

Amodei’s proposal for embedded independent evaluators could provide part of the technical infrastructure. But evaluators inside companies solve the problem inside the lab, not between strategic rivals.

How does Washington know Beijing is complying? How does Beijing know an American lab has not continued in secret?

Perfect verification is impossible. The objective should be more realistic: make cheating sufficiently detectable, and sufficiently costly, that compliance becomes strategically rational.

Cooperation does not require trust

I spent years working in the global effort against terrorist financing, proliferation financing, and financial crime through the Financial Action Task Force, created to protect the integrity of the global financial system from abuse.

The governments participating in that system often did not trust one another. The system did not eliminate that distrust. It was built around it.

Countries agreed on limited common threats. Professional evaluations assessed whether commitments were being implemented. Those findings then generated pressure through governments, financial institutions, markets, and international organizations.

The key lesson was that a professional determination could be converted into collective consequences.

Frontier AI can draw on the same logic. The United States and China would necessarily sit at the center of any meaningful arrangement. Technical experts would determine whether agreed warning indicators had been triggered. A broader coalition would help make violations costly through the infrastructure on which frontier AI still depends: advanced chips, semiconductor equipment, cloud infrastructure, capital, research relationships, procurement, and major markets.

That coalition does not need to decide whether a model is approaching recursive self-improvement. Its role is to make a credible technical determination matter.

This is the realistic role of the international community: not to govern AI by global committee, but to help make a narrow safety bargain between the two leading powers credible enough to survive.

The first workable global AI safety agreement will not be built on trust. It will be built because trust is absent.

We do not need Washington and Beijing to agree on the future of artificial intelligence. We need them to fear the same handful of catastrophes enough to agree in advance on when to brake, who will determine that the warning signs have appeared, and what happens if one side keeps going anyway.

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. 

Higher interest rates. Tighter capital markets. Slower development. For much of the multifamily sector, today’s environment has meant caution. But for Bob Hart, president and CEO of TruAmerica Multifamily, it’s meant something else: opportunity. 

On a recent episode of Inside CRE, Commercial Real Estate Development Association (CREDA) President and CEO Marc Selvitelli, CAE, sat down with Hart to unpack how his firm has continued acquiring and operating multifamily assets through a cycle that has pushed many investors to the sidelines. 

Durable demand, even in a slower-growth environment 

Hart’s confidence starts with the renter. While pandemic-era rent growth has normalized, he points to structural shifts in how and where Americans live. Delayed marriage, delayed homeownership, and longer lifespans are all pushing more households toward renting, and for longer stretches of life. 

“We’re more of a renter nation,” Hart said, noting the U.S. has moved from roughly 30% renters toward 40% as more households choose – or need – to rent longer. 

Opportunity is in repositioning, not just building 

Rather than chasing new construction in a market where costs make development math difficult, Hart’s strategy centers on acquiring undermanaged and undercapitalized properties – assets often held by owners without the resources or expertise to maximize their performance. 

“We look for what I’ll call ‘time’s up’ situations,” Hart explained, pointing to maturing debt, exhausted depreciation benefits, or partners simply ready to move on. Even in a down cycle, he said, those transition points continue to create investment opportunities for buyers positioned to act. 

Development math still doesn’t pencil – for now 

Hart was candid about why new construction remains difficult to justify in many markets. Investors want returns builders can’t currently deliver, largely due to elevated land costs and construction pricing. That gap, combined with the time it takes to bring a project online, has many investors looking elsewhere for yield. 

Still, he doesn’t see that as a long-term signal. Supply constraints from years of slower development, paired with an aging U.S. housing stock, point to sustained demand for the kind of value-add repositioning that is core to his firm’s strategy. 

“The [U.S.] housing stock is getting older,” Hart said. “That creates an opportunity for repositioning and adding value. That will never stop – because we will never build enough new.” 

Workforce and affordable housing as a long-term bet 

TruAmerica’s recent moves – including a $700 million-plus workforce housing fund and a $1 billion affordable housing joint venture – reflect Hart’s long-term view of where durable demand lives. He pointed to an aging population of affordable housing developers without succession plans as one factor opening the door to new entrants in the space. 

On the regulatory headwinds facing that sector, particularly rent control in certain markets, Hart offered a memorable piece of advice: steer clear of the most heavily regulated municipalities. As he put it, borrowing jargon from riding the subway: “You steer clear of the ultimate third rail.” 

Discipline, not just optimism 

Despite describing himself as “an incurable optimist,” Hart was quick to note that optimism alone isn’t a strategy. Success in this cycle, he said, requires more rigorous underwriting and a clear-eyed view of which submarkets can support long-term performance. 

Hart’s outlook is a blend of conviction and caution: confidence in the long-term fundamentals of multifamily and affordable housing, paired with a disciplined approach to underwriting in a higher-rate, more selective capital environment. For developers and investors navigating today’s market, that means picking a strategy, understanding the fundamentals, and avoid overleveraging along the way. 

Listen to the full conversation between Marc Selvitelli and Bob Hart on Inside CRE. 

This post was created with the assistance of AI tools; all content was reviewed by the author.   

The post Why This Multifamily Investor Sees Opportunity in Uncertainty  appeared first on Market Share.

This post was originally published here. 

Humanoid robots took center stage at the World Humanoid Robot Games in Beijing last August, winning over audiences by attempting—not always successfully—athletic feats like sprinting, weightlifting, and kickboxing. Yet one of China’s leading robot startup founders thinks there are still a few years before robots truly break into the public consciousness. 

“As models keep maturing, [embodied AI] will reach GPT-3.5,” said Yao Maoqing, co-founder of the Chinese robotics firm AGIBOT, during the Fortune Leaders Forum in Macau on Sept. 8. “People differ somewhat on timing, but overall it’s within the 3-to-5-year window.” 

Yao’s use of “GPT-3.5” was a reference to the model underinning ChatGPT; OpenAI’s chatbot was the first time an AI service could perform common, everyday tasks—and not just specialized ones—with a success rate between 80% and 90%.

AGIBOT is part of a wave of Chinese startups developing humanoid and quadruped robots. With 9,700 units shipped during the first six months of the year, AGIBOT is the top seller of humanoid robots, according to data from Counterpoint Research released in late August. The startup is considering an IPO in Hong Kong.

While robot dance performances and boxing matches get headlines, manufacturers are frantically searching for real-world applications for their tech. Shanghai-headquartered Keenon Robotics, for instance, has rolled out robots aimed at automating hotel services.

Wan Bin, Keenon’s chief operating officer, noted that one international hotel is using eight robots to greet guests, deliver room service, clean rooms, and manage the restaurant floor. “This scene is one that will become increasingly common in the future.”

Other robot manufacturers hope to apply their products in more industrial settings. “We’ve invested very heavily in developing robots for the industrial sector,” said Jianxin Pang, UBTech’s vice president and vice dean of research. “But first, we’re starting with relatively common scenarios with a big enough market—that helps us ensure return on our investment.” 

Yet many humanoid companies acknowledge that building robots for industry is no simple task.

“It’s genuinely difficult for today’s humanoid firms to develop a robot that can run stably inside a factory,” Yao acknowledged. “Industry players are brutally honest: They care about four metrics—success rate, cycle time, stability and cost—rather than what technology is used. From that standpoint, we absolutely have to train our robots to 100% efficacy first.”

In late June, AGIBOT ran a six-day livestream that demonstrated that its robots hit a 99.99% success rate completing over 64,000 manufacturing tasks. Reaching that milestone required eight-hour sessions in the middle of the night for a month, Yao said on-stage. 

Still, Yao was optimistic that embodied AI would follow the same scaling law that transformed large language models. 

“Most industry teams believe that embodied AI will follow the exponential scaling law we discovered in digital intelligence and large language models,” Yao said. “As data volume rises and your model’s parameter count grows, there will definitely be a step-up in intelligence.”

Correction, Sept. 15, 2026: An earlier version of this article misstated details about Keenon Robotics’s work in hotels.

This story was originally featured on Fortune.com

This post was originally published here. 

As of 9 a.m. Eastern Time on September 14, 2026, oil sold for $110.42 per barrel (using Brent as the benchmark, which we’ll get into momentarily). That’s 79 cents higher than yesterday morning and approximately a $43.30 rise over the past year.

Oil price per barrel % Change
Price of oil yesterday $109.63 +0.72%
Price of oil 1 month ago $89.25 +23.71%
Price of oil 1 year ago $67.16 +64.41%

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Will oil prices go up?

It’s impossible to predict the future of oil prices. Several factors determine the movement of oil, but it ultimately boils down to supply and demand. Again, when threats of economic downturn, war, etc. are high, the oil trajectory can turn rapidly.

How oil prices translate to gas pump prices

When you pay for gas at the pump, you’re paying for more than just the crude oil itself; you’re also springing for links along the chain, such as the refineries and wholesalers—not to mention taxes and local gas station markups.

Still, the crude oil aspect affects the final price most dramatically, as it typically accounts for more than half the price per gallon. When oil prices spike, so do gas prices. And frustratingly, when oil prices drop, gas prices tend to take their time drifting down to the lower price (sometimes referred to as “rockets and feathers”).

The role of the U.S. Strategic Petroleum Reserve

In case of emergency, the U.S. has a store of crude oil known as the Strategic Petroleum Reserve. Its primary purpose is energy security in case of disaster (think sanctions, severe storm damage, even war). But it can also go a long way toward softening crippling price hikes during supply shocks.

It’s not a long-term answer—more of an immediate relief to assist the consumer and keep critical parts of the economy running, like key industries, emergency services, public transportation, etc.

How oil and natural gas prices are linked

Oil and natural gas are both major energy fuels. A big change in oil prices can affect natural gas by extension. For example, if oil prices increase, some industries may swap natural gas for some segments of their operations where possible—which increases demand for natural gas.

Historical performance of oil

When examining oil’s performance, there are generally two major benchmarks:

  • Brent crude oil is the main global oil benchmark.
  • West Texas Intermediate (WTI) is the main benchmark of North America.

Between the two, Brent better represents global oil performance because it prices much of the world’s traded crude. And, it’s often the best way to track historical oil performance. In fact, even the U.S. Energy Information Administration now uses Brent as its primary reference in its Annual Energy Outlook.

Looking at the Brent benchmark across several decades, oil has been anything but steady. It’s seen spikes due to factors such as wars and supply cuts, and it’s also seen crashes from global recessions and an oversupply (called a “glut”). For example:

  • The early 1970s brought the first big oil shock when the Middle East cut exports and imposed an embargo on the U.S. and others during the Yom Kippur War.
  • Prices dropped in the mid-1980s for reasons such as lower demand and more non-OPEC oil producers entering the industry.
  • Prices spiked again in 2008 with increased global demand, but it soon plummeted alongside the global financial crisis.
  • During the 2020 COVID lockdown, oil demand collapsed like never before—bringing prices below $20 per barrel.

All to say, oil’s historical performance has been anything but smooth. Again, it’s hugely affected by wars, recessions, OPEC whims, evolving energy initiatives and policies, and much more.

Energy coverage from Fortune

Looking to stay up-to-date regarding the latest energy developments? Check out our recent coverage:

Frequently asked questions

How is the current price of oil per barrel actually determined?

The current price of oil per barrel depends largely on supply and demand, including news about potential future supply and demand (geopolitics, decisions made by OPEC+, etc.). In the U.S., prices also move based on how friendly an administration is to drilling, as it can affect future supply. For example, 2025 saw the Trump administration move to reopen more than 1.5 million acres in the Coastal Plain of the Arctic National Wildlife Refuge for oil and gas leasing, reversing the Biden administration’s policy of limiting oil drilling in the Arctic.

How often does the price of oil change during the day?

The price of oil updates constantly when the “futures” markets are open. A futures market is effectively an auction where people agree to buy or sell oil in the future. As long as people and companies are trading contracts, the oil price is changing.

How does U.S. shale oil production affect the current price of oil?

In short, shale is rock that contains oil and natural gas. Think of shale as energy yet to be tapped. The more shale the U.S. accesses, the more energy we’ll have—and the more easily oil prices can keep from spiking as much thanks to a greater supply.

How does the current price of oil impact inflation and the broader economy?

When oil is expensive, it tends to make everyday items cost more. This can be related to energy (your heating, gas utilities, etc.), but it’s also due to the logistics involved with making those items accessible to you. Shipping, for example, can affect the price of things at the grocery store, as it’s more expensive to get those products from warehouses and farms onto the shelf.

This story was originally featured on Fortune.com

This post was originally published here. 

As of 9 a.m. Eastern Time today, oil is trading at $106.57 per barrel, based on the Brent benchmark we’ll explain in a bit. That’s $3.85 below yesterday morning’s level and about $39 higher than where it stood a year ago.

Oil price per barrel % Change
Price of oil yesterday $110.42 -3.48%
Price of oil 1 month ago $90.94 +17.18%
Price of oil 1 year ago $67.69 +57.43%

Will oil prices go up?

No one can say for sure where oil prices will go next. Many forces shape the market—but at the core, it’s still about supply and demand. When risks like a potential recession or war ramp up, oil prices can change direction quickly.

How oil prices translate to gas pump prices

When you buy gas at the pump, you’re covering more than the cost of crude oil. You’re also paying for every step in the process, including refineries, wholesalers, taxes, and the markup your local gas station adds.

Even so, crude oil has the biggest influence on what you pay, often making up more than half the cost per gallon. When oil prices jump, gas prices usually climb right along with them. But when oil falls, gas prices often slip much more slowly—a pattern sometimes called “rockets and feathers.”

The role of the U.S. Strategic Petroleum Reserve

If an emergency hits, the U.S. keeps a backup supply of crude oil called the Strategic Petroleum Reserve. It’s mainly there to protect energy security during crises, such as sanctions, catastrophic storm damage, even war. It can also help cushion the blow when supply shocks send prices soaring.

It’s not meant to solve long-term problems. Instead, it provides quick relief for consumers and helps keep vital parts of the economy moving, like essential industries, emergency services, and public transit.

How oil and natural gas prices are linked

Oil and natural gas are two of the world’s primary energy sources. A big change in oil prices can affect natural gas by extension. For example, if oil prices increase, some industries may swap natural gas for some segments of their operations where possible, which which increases demand for natural gas.

Historical performance of oil

When looking at how oil performs, two main benchmarks stand out:

  • Brent crude oil is the main global oil benchmark.
  • West Texas Intermediate (WTI) is the main benchmark of North America.

Of the two, Brent gives a better picture of global oil performance because it prices a large share of the world’s traded crude. It’s also the go-to for tracking oil’s historical trends. In fact, even the U.S. Energy Information Administration now relies on Brent as its primary reference in its Annual Energy Outlook.

If you look at the Brent benchmark over several decades, oil has been far from stable. It has experienced sharp rises tied to wars and supply cuts, along with steep drops linked to global recessions and oversupply (called a “glut”). For example:

  • The early 1970s delivered the first major oil shock when the Middle East slashed exports and placed an embargo on the U.S. and others during the Yom Kippur War.
  • Prices fell in the mid-1980s due to lower demand and an influx of non-OPEC oil producers joining the market.
  • Prices surged again in 2008 as global demand grew, but then crashed alongside the global financial crisis.
  • During the 2020 COVID lockdown, oil demand plummeted like never before—pushing prices below $20 per barrel.

To sum up, oil’s historical performance has been anything but smooth. Again, it’s heavily influenced by wars, recessions, OPEC whims, shifting energy policies, and much more.

Energy coverage from Fortune

Looking to stay up-to-date regarding the latest energy developments? Check out our recent coverage:

Frequently asked questions

How is the current price of oil per barrel actually determined?

The current price of oil per barrel depends largely on supply and demand, including news about potential future supply and demand (geopolitics, decisions made by OPEC+, etc.). In the U.S., prices also move based on how friendly an administration is to drilling, as it can affect future supply. For example, 2025 saw the Trump administration move to reopen more than 1.5 million acres in the Coastal Plain of the Arctic National Wildlife Refuge for oil and gas leasing, reversing the Biden administration’s policy of limiting oil drilling in the Arctic.

How often does the price of oil change during the day?

The price of oil updates constantly when the “futures” markets are open. A futures market is effectively an auction where people agree to buy or sell oil in the future. As long as people and companies are trading contracts, the oil price is changing.

How does U.S. shale oil production affect the current price of oil?

In short, shale is rock that contains oil and natural gas. Think of shale as energy yet to be tapped. The more shale the U.S. accesses, the more energy we’ll have—and the more easily oil prices can keep from spiking as much thanks to a greater supply.

How does the current price of oil impact inflation and the broader economy?

When oil is expensive, it tends to make everyday items cost more. This can be related to energy (your heating, gas utilities, etc.), but it’s also due to the logistics involved with making those items accessible to you. Shipping, for example, can affect the price of things at the grocery store, as it’s more expensive to get those products from warehouses and farms onto the shelf.

This story was originally featured on Fortune.com

This post was originally published here. 

“I, God, probe the heart, search the mind” (Jeremiah 17:10) is a resounding theme in Rosh Hashanah and Yom Kippur liturgy, underscoring God’s unique access to man’s inner thoughts and true intentions.

Some journalists behave as if they share God’s privileged insight. They seemingly fancy themselves in possession of the divine ability to see beyond pronouncements and actions, and interpret the private reflections and genuine desires of leaders.

The very human discipline of ethical journalism, authors Bill Kovach and Tom Rosenstiel explain in The Elements of Journalism, rests on transparency and reporters’ humility about the limits of verified facts and their own knowledge.

In coverage of Israel’s conflict with its neighbors, leading news agencies have repeatedly acted with arrogance, reporting as fact their personal understandings (either correct or not) about leaders’ inner wishes. 

By playing God, they defy journalism’s commitment to the hard work of objective news reporting, which values verification and discourages editorializing, or the insertion of the reporters’ own views.

Otzma Yehudit party chairman and National Security Minister Itamar Ben-Gvir attends a supporters’ conference ahead of the upcoming general elections in Netanya, September 1, 2026. (credit: ERIK MARMOR/FLASH90)

Thus, a gratuitously inflammatory September 7 Associated Press heading declared: “Muslim nations condemn Israeli proposal to empty Gaza.”

The text went on to explain that “Any Israeli plan or action to remove Palestinians from Gaza would violate international law and undermine the US-backed plan for drawing down the war, the foreign ministers of Egypt, Saudi Arabia, Jordan, and five other governments said in a statement.”

In fact, there is no “Israeli proposal to empty Gaza” or to “remove” Palestinians from Gaza. Israel’s National Security Minister Itamar Ben-Gvir and Defense Minister Israel Katz have separately floated plans – their own and not the government’s – to enable Palestinians who want to emigrate to do just that.

Therefore, the characterization of Katz’s statement as “Israel is prepared to facilitate the removal of Palestinians” is likewise problematic. That language – “removal” – suggests forcible expulsion, and not emigration by choice.

As reported by Ynet, Katz said: “There is no real solution for Gaza in the end. The Migration Directorate is ready to do this by sea, by air, and by any means. Egypt is not willing for it to go through its territory.” 

Ynet further reported that Katz said, “80% want to emigrate. We are constantly checking this in surveys. Hamas does not allow it, and there are no countries in the world willing to take them in. What is delaying this is that the countries willing to take them in want US support.”

According to a May 2026 Jerusalem Post report, the Coordinator of Government Activities in the Territories (COGAT) shared with senior Israeli officials its survey finding that 80% of Gaza Strip residents were “interested in receiving information about mechanisms for relocating to a third country through the Rafah and Kerem Shalom crossings.”

Reasonable observers can disagree as to whether Katz and Ben-Gvir are genuine about the expressed desire to facilitate “voluntary emigration,” or whether in their hearts they secretly long for forced removal. But unless AP has ditched news reporting for mind-reading, it’s inappropriate to frame speculation about a plan to “empty Gaza” as fact.

The sin of arrogance

THE AP ISN’T the only news agency guilty of the sin of arrogance, assuming the godly role of prober of hearts. In June 2025, Reuters, too, departed from its declared mandate to provide “unbiased and reliable news,” with an unexpected detour into dream deciphering.

Reuters’ Crispian Balmer wrote, “Fast forward five weeks and the United States has bombed Iran’s main nuclear installations, fulfilling a decades-old dream of [Israeli Prime Minister Benjamin] Netanyahu to convince Washington to bring its full military might to thwart Tehran’s atomic ambitions.”

As media watchdog CAMERA asked at the time: “How does a news reporter purport to know Prime Minister Netanyahu’s dreams? While we can’t know Netanyahu’s dreams, we do know his statements concerning US action on Tehran’s nuclear ambitions. And they all point towards encouraging the US to lock into a stricter deal with Iran and tougher sanctions, not war.”

Reuters’ own coverage over the years documented that Netanyahu repeatedly pushed for a better deal, not a US war with Iran. For instance, Reuters reporting in 2012 cited “urgency to [Netanyahu’s] demand that [p]resident Barack Obama set a ‘red line’ for Tehran,” and noted “Netanyahu’s sharpened demands for a tougher US line against Iran.”

In 2013, Reuters accurately reported: “Netanyahu said continued economic pressure on Iran was the best alternative to two other options, which he described as a bad deal and war.” The news agency’s reporting consistently cited Netanyahu’s statements urging a better deal in 2015, 2019, 2020, 2021, and 2024.

Reuters’ 2025 claim, then, that Netanyahu dreamed for decades of convincing Washington to wage war on Tehran says more about the reporter’s imagined view of the prime minister and less about the historical record and verified reality.

It’s not only Israeli figures whose secret thoughts have loomed large in journalistic divination dressed up as news reporting. 

One month after the October 7 massacre, Agence France Presse (AFP) maintained that Hamas leader Yahya “Sinwar dreams of a single Palestinian state bringing together the Gaza Strip, the occupied West Bank – controlled by Mahmoud Abbas’s Fatah party – and annexed east Jerusalem.”

As CAMERA previously noted, “The article doesn’t explain how AFP has access to Sinwar’s dreams, but there’s no question that he heads the Gaza branch of a terror organization with a guiding mission which rejects the existence of Israel within any borders.”

In response to communication from CAMERA, AFP subsequently clarified: “The same year [Sinwar] was elected, Hamas for the first time accepted in principle a Palestinian state in the pre-1967 borders, while not recognizing Israel and retaining the ultimate goal of ‘liberating’ all of historic Palestine.”

“Tell the audience what you know and what you don’t know. Never imply that you have more knowledge than you actually do,” media scholar Rosentiel advises journalists. In other words, do your job as a good journalist. Don’t play God.

The writer is director of research and media analysis at the Committee for Accuracy in Middle East Reporting and Analysis and director of CAMERA’s Israel office.

This post was originally published on here. 

The Islamic Republic has signaled it will begin hunting dissidents and critics abroad with new momentum after state media announced on Monday the launch of the monitoring and intelligence system “Elaaj,” the same day Iranians who signed up for “Janfada” (self-sacrifice campaign) received an invitation to begin military training.

The aim of Elaaj, which translates to “cure,” is stated to be to “protect national security and the interests of the Iranian people against anti-patriotic, separatist movements and those promoting sanctions and military attacks.”

Supporters of the regime are encouraged to submit information about dissidents abroad through Elaajm, who could then have their citizenship revoked, according to Fars News Agency. Though unclear what such a measure would look like, dissidents could face punishments that could also include “cutting off financial and media access for traitors living abroad.”

In addition to seemingly attempting to crack down on dissident voices internationally, the Islamic Republic has renewed efforts to expand the mobilization of its supporter base nationally.

Billboards, messages promoting joining the IRGC’s military branch

A source told The Jerusalem Post that some of those who registered to Iran’s Janfada had received text messages inviting them to join a military and relief training course. Screenshots of these messages have also circulated online, though it is unclear how many individuals received such texts.

Pro-government supporters wave Iranian national flags during a nightly rally in downtown Tehran, Iran, on August 30, 2026. (credit: Morteza Nikoubazl/NurPhoto via Getty Images)

Iran International also reported that a billboard promoting the training had been installed on Tehran’s Damavand Street.  A statement published on Sunday by Janfada also claimed that preparations had been made to train and organize 1,000 “national resistance” battalions.

Security expert Roger Macmillan said that it was unlikely training would be carried out in the West, and the Islamic Republic would likely rely on Elaaj for transnational repression in Europe, the US and Australia rather than military mobilization.

“Elaaj is overseas spying on Iranian families. This is similar to the early days of the revolution with people reporting on each other.  Janfada is more akin to the internal ‘martyrs’ willing to train, prepare and die for the Islamic Republic,” Macmillan explained. “It is very much real and a new drive.”

Volunteer call to mobilize the youth

Macmillan stressed that Iran was attempting to mobilize youth with the messaging, offering weapons training, map reading and first aid skills needed for combat zones, as part of a campaign to expand Basij-style units beyond the “usual core” supporters.

The new brand of fighters will demonstrate to Iranians and the West that the regime “can still organize mass participation after months of tension,” despite the economic turmoil, war and violent suppression of protests, he said.

“It is a volunteer call, pushed through official channels and mass SMS. This is an official Iranian government campaign infrastructure, a political-military mobilisation message, not a neutral public-service notice,” he asserted.

An intelligence source in Iraq told the Post that he suspected Iran-backed militias in Lebanon and Iraq would receive the same invitation for training.

In April, the Post reported on Iranian embassies in the United Kingdom, Germany, Australia, and Sri Lanka recruiting for the self-sacrifice campaign.

“All brave and distinguished children of Iran are invited to participate consciously and register in this campaign, adding another golden page to the book of honors of this ancient land and demonstrating that their hearts are bound to the dignity and greatness of their homeland,” the embassy in Britain wrote. “Let us all, one and all, give our lives in battle. Rather than surrender our country to the enemy.”

At the time, Jonathan Turner, chief executive of UK Lawyers for Israel (UKLFI), told the Post that Iran would likely avoid legal consequences for the messaging as the expectations of those in the Janfada campaign were deliberately vague.

Dr. Lynette Nusbacher, a former senior lecturer in War Studies at the Royal Military Academy Sandhurst and head of the Strategic Horizons Unit in the UK Cabinet Office, noted that the vagueness used to protect the campaign in April would likely no longer do so, given that supporting the IRGC is potentially an offence under the National Security (State Threats) Act 2026.

She suggested that the five-month gap between the announcement of the self-sacrifice campaign and the start of training was likely due to damage to the regime’s messaging capabilities during the war and the time needed to rebuild them.

Nusbacher also assessed that the regime was seeking to revive the self-sacrifice campaign now because it is “desperate” to “establish their credibility with all their audiences at a moment when the regime looks… very badly damaged.”

This post was originally published on here. 

Rise and shine, everyone, another busy day is on the way. And it is getting off to a pleasant start here on the Pharmalot campus, where clear blue skies and comfy breezes are greeting us. As for the official mascots, they are happily snoozing in their respective corners. As for us, we are firing up the trusty kettle for another cuppa stimulation. Our choice today is ginger peach. Of course, you are invited to join us. For the full experience, we are now hawking replicas — take a look. Meanwhile, here are a few items of interest. As always, do keep in touch. We appreciate feedback, criticism, and tips. …

Doctors, veterans, pharmacists, and therapists urged the U.S. Food and Drug Administration to establish clear safety ‌and access standards for psychedelic therapies during a four-hour public meeting on Monday convened by the agency amid efforts to speed development, Reuters reports. The hearing was the latest in a months-long push by the Trump administration to bring qualified psychedelic drug programs to market. Discussions at the ​meeting focused on practical issues that could shape how psychedelic therapies are tested and delivered, including provider training ​and credentials, patient screening and monitoring, access and reimbursement, clinic capacity, and collecting long-term ⁠safety data.

GSK has continued its drive to bulk up its pipeline, taking global rights to a multiple myeloma treatment, which was developed by China’s Chimagen Biosciences, for up to $750 million, Pharmaphorum writes. The deal focuses on a “potential first-in-class” trispecific T-cell engager that, according to GSK, promises to combine good targeting of multiple myeloma cells but also offer improved safety compared to other TCEs for the blood cancer, which it says have suffered from “difficult tolerability profiles.” Chimagen’s unidentified candidate is currently in preclinical-stage development and due to start human testing next year.

Continue to STAT+ to read the full story…

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Good morning. I was devastated to find out that we’ll no longer get sunsets after 7 p.m. until next spring.

The need-to-know this morning

  • Legend Biotech appointed Ingrid Zhang as its new CEO. Zhang is a former Novartis executive. She replaces Ying Huang, who resigned in July.

With strong data, Vera to seek full approval of kidney drug

Vera said this morning that its recently launched drug stabilized kidney function and reduced the risk of kidney-related death and other complications in a two-year trial of people with a chronic autoimmune kidney disease.

Continue to STAT+ to read the full story…

This post was originally published here. 

Good morning. Beverage giant Coca-Cola contributed $85 billion to U.S. GDP in 2025, or roughly $10 million every hour. That’s according to an independent study commissioned by the company, which also found it supported nearly 1 million American jobs and spent about $37 billion with U.S. suppliers last year.

I spoke with Coca-Cola President and CFO John Murphy on Monday. He was in the Washington, D.C. office, meeting with constituents from around the country. Murphy said those conversations test the report’s value, as he’s hearing first-hand about local impact.

Murphy also detailed a $10 billion infrastructure investment planned from 2026 through 2030 across the system, covering multiple projects. One piece of that investment is new or expanded facilities in Rancho Cucamonga, California; Colorado Springs, Colorado; Indianapolis, Indiana; Birmingham, Alabama; Coopersville, Michigan; St. Cloud, Minnesota; Orlando, Florida; and Webster, New York. Capacity expansions typically add jobs, he said, citing hundreds of new roles at Webster, while equipment upgrades may not.

The $10 billion is a system-wide figure, not solely Coca-Cola’s own capex, he explained. The company runs an asset-light model: Coca-Cola invests in its brands while bottling partners fund the plants, trucks, and equipment needed to make and deliver products. Coca-Cola owns a couple of capital-intensive businesses, including Fairlife, whose spending counts toward its own capex. “The lion’s share of the $10 billion represents the plans that our bottling partners have to continue to invest at the local level in manufacturing, in distribution, in sales and distribution,” he said.

Murphy framed the investment as a growth play not a tariff hedge, noting the Coca-Cola system already keeps 98 cents of every dollar spent on its beverages inside the U.S. economy, leaving little room for reshoring. “If you think about the availability of capital, the disposable income that’s at large across the U.S., it’s a market with boundless growth potential ahead,” he said.

Murphy, a nearly 40-year veteran of the Coca-Cola system, said the report captures how far the company has come. 

“We were once a business that was a local business in the state of Georgia,” he said, and now being present in every state, county and town in America is something the study “brings to life in a very compelling and granular way.” The $85 billion figure, he added, reflects the industry’s scale and weight in the U.S. economy. “It gives one a sense of pride at the role that we play, but also a sense of responsibility,” he said.

The study builds on a more limited 2023 version, when fewer bottling partners participated—one reason GDP contribution rose from $58.8 billion then to $85 billion now. Murphy attributed the rest to business momentum, including growth in Fairlife and Bodyarmor. “We’re seeing growth in categories that historically we have not had a significant presence in,” he said. “They are also reasons for the number to be that much bigger.”

Asked how he balances short-term discipline with long-term investment, Murphy called it “a discipline that one learns and builds up over time.” He measures the short term by whether commitments are delivered daily, while “the long term is the sum of many short terms.” 

That mindset, he said, comes down to viewing the business with a steward’s eye: “We’re here as stewards of a great business, and someday we’ll pass that baton to somebody else.”

Sheryl Estrada
Sheryl.Estrada@fortune.com

This story was originally featured on Fortune.com

This post was originally published here. 

This year marks the 25th anniversary of Is This It, the classic album by the Stokes, the rock band that turned the page from Gen X pop culture to something more distinctly millennial. It’s also a favorite album for this author and Glassdoor senior economist Chris Martin, who used the phrase in a recent conversation about his latest Millennial Report.

Millennials, he told me about his most recent research, have reached midcareer, their earnings have “for the most part peaked,” and they can expect growth to match inflation from here on out for the rest of their careers. The vibe is “we’ve made it,” Martin said, “and the long and the short of it is, it doesn’t feel good.” He described it as an “is this it?” moment.

I had to ask, was he channeling Strokes lead singer Julian Casablancas?

“Guilty as charged,” Martin said, adding that of course, he used to listen to the Strokes, and that vibe does sum up the modern age.

Martin’s preferred shorthand for the moment, borrowed from one of his generation’s defining bands, is hard to improve on: it’s the exact question a generation of newly arrived executives is quietly asking about the careers they spent 20 years building. Is this all there is?

A different kind of midlife crisis

Martin’s new Millennial Report lays out the paradox in stark terms. Millennials now make up 33% of the U.S. labor force — more than any other generation — and have nearly closed the management gap with Gen X (35% to Gen X’s 38%). More than one in four executives are now millennials, and they outnumber Baby Boomers in both management and leadership roles. Meanwhile, 76% of millennials say they’re actively questioning their career path, and 68% have delayed a major life milestone because of career uncertainty, according to Glassdoor Community polling from this summer.

The generation’s Glassdoor reviews tell the same story in a different register: burnout mentions run 44% higher among millennials than other generations, job-insecurity language is up 47%, and layoff mentions are up 54%. For millennial women, burnout mentions are 76% higher than everyone else — the widest gap in the analysis.

The obvious question is whether this just midlife, dressed up in generational branding. Martin acknowledged that it’s a bit hard to explain as Glassdoor’s review data is a snapshot, not a time series. The company can measure how much millennials mention burnout right now relative to other generations, but it can’t directly measure whether millennials feel worse than Gen X did in 2011 using the same reviews methodology. “We have to look at broad macro indicators,” Martin said. “Take a look back 15 years, at Gen X — things are a little worse in 2026 than 2011.”

Gen X hit midcareer management in roughly 2011, in the middle of what Martin calls “sustained economic recovery and growth” from the Great Recession, although some economists call that decade the “jobless recovery.” Millennials are hitting the identical stage after five years of inflation running above the Federal Reserve’s 2% target, Martin noted, alongside AI-driven anxiety about which jobs will survive the next few years of disruption. “Millennials are just not in the same moment,” he said.

That comparison comes with an important asterisk that belongs in any honest accounting of this research: Glassdoor’s review data is a snapshot, not a time series. The company can measure how much millennials mention burnout right now relative to other generations, but it can’t directly measure whether millennials feel worse than Gen X did in 2011 using the same reviews methodology — that gap has to be filled with macro indicators instead. “We have to look at broad macro indicators,” Martin said. “Take a look back 15 years, at Gen X — things are a little worse in 2026 than 2011.”

Millennials may simply be hitting classic career and family milestones a few years later than expected. “Not all doom and gloom,” Martin said, but he’s also unambiguous about which decade he’d have preferred: “I would rather have become a manager in 2011 than in 2026.”

The report proposes a central concept — “stability stacking” of layering skills, options, income and networks together so that no single job or disruption can knock them flat. This doubles as an indictment of the take-it-or-leave-it state of the current labor market, though, as it means in practice that soft-launching a new direction has to occur while staying employed, upskilling in AI-adjacent areas, pivoting laterally, or building visibility in a target industry before making a formal move. Martin also cautioned that the data are inconclusive about whether millennials can start businesses at the same rate other generations did.

“Stability stacking is a response to this moment of, ‘I thought it would feel better. I thought I could count on my career and feel stable.’ We’ve all been waiting for the bottom to fall out, and then a moment like, ‘maybe it’s not going to happen,’” he added.

What the data does show clearly is the emotional substrate underneath the strategy: “They feel really insecure in their jobs. Many are not in a position to be unemployed or strike out on their own.”

The trust deficit nobody predicted

The most surprising finding in Martin’s research cuts against his own hypothesis going in. He expected Gen Z — culturally coded as the generation most skeptical of corporate motives — to rate senior leadership harshly, given the perceived gap between companies’ stated values and their profit motives. Instead, Gen Z gives senior leadership higher marks and expresses more optimism about business outlook than any other generation in the dataset. The most pessimistic, most skeptical generation toward leadership is the middle management cohort themselves: the millennials.

Martin’s explanation is personal as much as structural: “Millennials have had a couple of big rug-pull moments in their career, so we are scarred from that experience — less likely to trust things.” The Great Recession hit as millennials entered the workforce; the pandemic hit as many were entering management. Two “once-in-a-lifetime” crises, arriving exactly when trust in institutions was supposed to be compounding, not eroding. It’s left a generation of managers feeling alone, together.

But what about the fact that the economy never tipped into the widely predicted recession in 2023, and a soft landing was pulled off instead? “We talk about a plane crash,” Martin said, “and it’s really obvious to tell when that happens. But landing a plane — the economy is not a single plane. It’s hard to tell if the landing process is behind us.”

Pressed on whether conditions are actually bad, Martin’s answer is neither alarmist nor dismissive: “Not as bad as we feared.” In other words, tables they turn sometimes.

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. 

For Iranians, the disappearance of mass demonstrations from the streets does not mean the end of the regime’s crackdown. Far from it.

Since the turn of the year, more than 950 people have been executed in Iran, including at least 29 people arrested in connection with January’s protests, which left thousands dead across the country. Months later, scores of those detained remain at risk of execution.

Now, a new campaign is spreading among Iranian opposition activists.

Known as “Last Breath” (akharin nafas in Persian), the campaign has begun appearing across Iranian social media over the past several days, and its premise is relatively straightforward: take the name and photograph of somebody facing execution, tell their story and push it as widely as possible among politicians, journalists, human rights organizations and the wider public.

It puts a face to each name and allows individual stories to be told, rather than allowing those condemned to become merely another statistic.

People rally and hold a vigil to honor those killed during the nationwide protests in Iran, outside the White House in Washington, DC, US, January 16, 2026 (credit: Reuters/Kylie Cooper)

“They breathe behind prison walls, not knowing which sunrise will be their last,” read one Persian-language appeal circulated under the campaign. It urged supporters to call, send emails, publish prisoners’ photographs and names, and demand action from those contacted.

Another of the campaign’s early posts contained an expanding list of people said to be facing execution, including Ehsan Hosseinipour, Matin Mohammadi, Erfan Amiri, Hamidreza Fathi, Abdolreza Fathi, Saeed Zarei Kordshouli, Peyman Ganji, Erfan Khalili, Ali-Akbar Mahlouji and others.

“These are not just names,” the appeal said. “They are lives in imminent danger.”

Campaign spreads with posts in English, French, German

The campaign has already moved beyond Persian, with posts carrying the Last Breath hashtag appearing in English, French and German, suggesting that participants are trying to take the cases beyond the mobilized Iranian diaspora and into the wider international conversation.

One of the central images of the Last Breath campaign is that of sunrise. 

For most, dawn represents the beginning of another day. In Iran’s prisons, however, the early morning has long carried the association with executions, which are frequently carried out in the Islamic Republic at or around dawn. Iranian human rights organizations routinely record executions taking place in the early hours, while two protesters, Abolfazl Sepahi Badjani and Amir Hossein Safari Hosseinabadi, were publicly hanged at dawn in Isfahan’s Alikhani Square on July 28.

That contrast  – between sunrise as a symbol of hope and the executions carried out by the Islamic Republic – lies at the heart of the campaign.

“Sunrise should bring a new day, not a final breath,” one campaign appeal said of Alireza Sepahi and Mahdi Zarif, both facing execution.

Sepahi was arrested in connection with the January 8 protests at Alikhani Square in Isfahan and sentenced to death alongside a group of other defendants. Five of those co-defendants have already been executed. Sepahi himself came extraordinarily close. According to human rights organizations, he suffered a heart attack shortly before his scheduled public execution and was rushed to hospital. He was later returned to prison.

On September 12, Iran Human Rights reported that Sepahi had been moved from the general ward of Isfahan Central Prison to solitary confinement, where prisoners condemned to death are frequently transferred before execution. The organization said he was consequently at imminent risk.

Another whose name has become prominent in the campaign is Benyamin Naghdi, a 26-year-old kickboxer and mixed martial arts athlete arrested during the January protests in Shiraz.

“Medals belong around Benyamin Naghdi’s neck, not a noose,” one Last Breath appeal said.

Iran Human Rights reported in June that Naghdi, then 26, had been arrested on January 3 during a protest in Shiraz and sentenced to death by Branch One of the city’s Revolutionary Court after being convicted of “corruption on earth.”

The organization said Iranian state media broadcast what it described as a forced confession only a day after his arrest.

Campaign aims to internationalize individual cases

His story also brings to the fore the campaign’s attempt to internationalize individual cases.

Iranian-French chess grandmaster Mitra Hejazipour used the Last Breath hashtag in a French-language appeal describing Naghdi as a kickboxing champion who “must live,” tying his case once again to the campaign’s recurring image of sunrise and execution.

Perhaps the most immediately personal story circulating through Last Breath is that of Taraneh Rahimi, a 20-year-old woman who has been sentenced to death following her arrest after the January protests.

Rahimi and her twin sister, Romina, were arrested after participating in demonstrations in Isfahan.

According to reporting based on accounts from their family, both women were subjected to severe abuse in detention. Their US-based cousin said their mother barely recognized them when she was eventually allowed to see them in prison. Taraneh has been sentenced to death, while Romina received a 25-year prison sentence.

In a French-language post circulated thousands of times, Hejazipour in particular highlighted the person behind the name: Taraneh is 20, she rides horses, and while most people of that age might think about their next competition or future plans, she is waiting under a death sentence.

Last Breath’s strength lies in simplicity – one does not need to be an Iran expert, understand the complexities of the revolutionary courts or opposition politics to comprehend that the person you see in front of you is at imminent risk of execution.

It makes the victims difficult to ignore, which is the point. 

That can already be seen in the multilingual posts circulating online. Taraneh Rahimi becomes the 20-year-old who loves horses. Benyamin Naghdi becomes the fighter whose medals, campaigners say, should hang around his neck instead of a noose. Alireza Sepahi becomes the man who has already suffered a heart attack once at the foot of the gallows.

In a country where information from prisons can be difficult to verify, the legal details remain important, but the campaign is built on the calculation that statistics eventually lose their power to shock.

Hundreds of executions can become a generality, while the life story of a 20-year-old woman waiting to learn whether she will be hanged is harder to ignore. For the prisoners whose names and photographs are now being circulated around the world, every sunrise means another day survived, and, campaigners fear, one of them may be the last.

This post was originally published on here. 

Dutch farmers started fires near highways on Tuesday, disrupting traffic as they protested against the government budget, while saboteurs also tied pipes to railway tracks ahead of the state opening of parliament.

Railway operator ProRail said pipes had been found attached to railways in more than 20 locations early on Tuesday, mainly in rural areas in the middle and the east of the country.

Later, fires erupted around midday in several places alongside highways, forcing authorities to close roads and seriously affecting traffic.

The fires were caused by angry farmers who had chosen government budget day to set hay bales and car tires alight, activist group Farmers Defense Force said.

“We feel like the country is on fire. Farmers feel as though their businesses are on fire because of the government’s plans,” spokesperson Sieta van Keimpema said.

A police officer carries away objects after suspected sabotage disrupted Dutch train services, at an unknown location in the Netherlands, in this screengrab taken from a video released on September 15, 2026. (credit: VIDEO OBTAINED BY REUTERS/Handout via REUTERS)

Farmers Defense Force said it was not responsible for the railway sabotage, but added it could not rule out that angry farmers had acted individually.

The Dutch intelligence agency AIVD said it was investigating the railway sabotage alongside police and prosecutors. They declined to comment on their investigations.

Promise of compensation for farmers

The government’s budget plans for 2027 were set out by King Willem-Alexander as he opened a new session of parliament on Tuesday afternoon.

The budget plans have sparked widespread protests in recent months, including by farmers arguing that they are being unfairly blamed for nitrogen pollution.

In his speech, written by Prime Minister Rob Jetten, the king said it would be “irresponsible” not to tackle the nitrogen issue, even though this could hurt farmers.

The government has promised financial compensation for farmers whose businesses would be hit by plans to restore nature reserves.

ProRail said it was clear that materials discovered on the railways had been placed there deliberately.

“We are therefore now classifying this as sabotage of the railway tracks,” ProRail spokesperson Joke van der Cruysen said.

All trains in the vicinity of the track blockages were halted, while there were also serious disruptions elsewhere, including international services to Germany.

The pipes not only disrupted rail travel but also road traffic, as several level crossings had to remain closed, ProRail said.

This post was originally published on here. 

The recovery of hundreds of bodies from the rubble of buildings destroyed by Israeli strikes in Gaza during the war that began nearly three years ago has raised fresh concerns about possible war crimes, the UN human rights chief Volker Turk said on Tuesday.

Turk claimed that the remains of what appeared to be entire families were being unearthed from sites destroyed during Israeli attacks, adding that many victims were women and children.

“It is heartbreaking that the loved ones of those missing for so long are only now having their worst fears confirmed,” he said in a statement.

He said the discoveries revived concerns raised in a 2024 UN report that found Israeli strikes on residential buildings and other civilian sites during the early weeks of the war may have violated international humanitarian law.

The Prime Minister’s office and Foreign Ministry did not immediately respond to a request for comment. Israel has repeatedly rejected allegations that it deliberately targets civilians and says it acted in accordance with international law while fighting Hamas terrorists in Gaza.

Palestinians inspect the site of an Israeli airstrike in Khan Yunis, southern Gaza Strip, September 9, 2026. (credit: ABED RAHIM KHATIB/FLASH90)

Israel’s assault on Gaza – launched after Hamas’ deadly raid into Israel in October 2023 – has generated around 61 million tons of wreckage and debris that could take seven years to clear, according to the United ​Nations.

A US-brokered ceasefire brought an end to full-scale fighting in October 2025, but has failed to halt regular Israeli strikes as both sides accuse each other of violating the truce.

Widespread destruction in Gaza

The Hamas-led Palestinian Civil Defense says more than 630 bodies and human remains have been recovered from beneath destroyed buildings across Gaza since November 2025.

Palestinian authorities estimate more than 8,000 people remain buried in the ​wreckage.

Turk said he feared the remains recovered so far could be “only the tip of the iceberg”, noting that large parts of Gaza had been flattened by Israeli bombing or later demolition and clearance operations.

He also accused Israel of continuing to level some areas of Gaza where its forces remain deployed, saying bulldozers were operating “with no respect for the dead under the rubble”.

Ajith Sunghay, head of the UN rights office for the Palestinian Territory, said that Israeli restrictions on items like DNA kits and excavators were impeding recovery and identification efforts.

“The collective impact of Israel’s conduct is making any systematic, large-scale search, recovery, and identification work nearly impossible,” he told a Geneva press briefing. Sometimes, Palestinian teams were having to dig through rubble with their bare hands, he added.

Israeli authorities did not immediately respond to the UN allegations on supply restrictions. Israel’s COGAT military agency, which controls access to Gaza, has previously justified long-held restrictions on items it said could be used for a “terrorist build-up”.

 Access for international investigators

The 2023 Hamas-led attacks killed 1,200 people in Israel while another 251 were taken hostage, according to Israeli tallies.

More than 73,000 Palestinians have been killed in Israel’s military campaign, ​according to Hamas-led Gaza health authorities.

Israel says it has gone to great lengths to avoid civilian ​casualties and ⁠that Hamas uses Gaza’s civilians as human shields in densely populated areas, an accusation Hamas denies.

The UN rights chief called for international investigators to be granted access to all parts of Gaza to help preserve evidence, citing ongoing legal proceedings examining conduct during the war.

Francesca Albanese, the UN expert on the Palestinian territories, has said evidence should be gathered and human remains identified ​before full clearance starts.

This post was originally published on here. 

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Good morning health tech readers!

Football season is underway, and I appreciated this piece reckoning with the human toll of the game. 

Continue to STAT+ to read the full story…

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Former US CIA director David Petraeus was evacuated from a Ukrainian train to a nearby station when a Russian drone struck a stationary civilian train car on Sunday.

“For those who have not been under fire, this was terrifying,” Petraeus told The New York Times on Sunday.

“This is the act of a truly barbaric leader trying to terrorize Ukrainian civilians.”

Petraeus was at the station shortly after a diplomatic train carrying former UK prime minister Boris Johnson and several other dignitaries passed through.

Firefighters extinguish a car of a passenger train hit by a Russian drone strike at a railway station, amid Russia's attack on Ukraine, in Lutsk, Ukraine September 12, 2026.   (credit: Press service of the State Emergency Service of Ukraine in Volyn region/Handout via REUTERS)

Ex-CIA chief has close call in Ukraine after Russian drone hits train 

Johnson was traveling on a train route frequently used by diplomatic officials when a Russian drone hit a passenger train in Poland. Petraeus was traveling separately and was on a regular Ukrainian civilian train that was next to the train car that was hit.

Petraeus, Johnson, and other European politicians were returning to Poland by train after attending the YES security conference in Kyiv when they were awoken at 5 a.m. and prepared to evacuate. Johnson and the European officials’ train left earlier than scheduled, leading Ukrainian officials to believe that they were targeted by the Kremlin.

If the strike was intended for Johnson and the other European officials, it would mark another significant escalation in the war on Ukraine and Russian President Vladimir Putin’s aggression to the West.

Ukraine’s rail operator, Ukrzaliznytsia, said that it was “entirely possible” that Russia intended to target the diplomatic train in a statement on Sunday.

“It is entirely possible that the Russian drone’s intended target was the diplomatic train, which departed the station earlier than scheduled after train timetables were adjusted in real time because of the constant threat of Russian strikes,” the company said in a statement.

Russia’s Defense Ministry said that it was targeting “railway infrastructure facilities in western Ukraine that are used to transport military cargoes from European countries,” according to a statement published by state news agency TASS.

However, Petraeus said that the train he was on solely carried civilians, and strongly discredited the Kremlin’s accounts. He was later able to reboard the train he was traveling on and reach Poland.

“There was no military justification for what Russia did in this case,” Petraeus told the NYT.

“This is just part of a campaign to exhaust the Ukrainian population, which is not going to work. They are truly unbreakable. They are tired. But they are unbreakable.”

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Oman’s Maritime Security Center said on Tuesday that the Panama-flagged oil tanker EL GAIA was being towed to an Omani port after a fire broke out in its engine room following an attack in the Strait of Hormuz.

The tanker was about 103 nautical miles northeast of Musandam when it was attacked, the center said. An Omani naval vessel evacuated 23 crew members, while two remain missing.

Initially, Iran’s IRGC claimed the tanker had caught fire after colliding with mines in the Hormuz. CENTCOM denied the report that a collision caused the explosion, instead stating that the ship had actually been struck by an Iranian missile last month and had recently been struck again by an Iranian drone.

“The IRGC’s false claim is yet another example of their lies and intimidation attempts while they try to impede commercial vessels in the strait,” CENTCOM wrote in a post on X/Twitter.

Reports of an attack on the El Gaia first emerged on Sunday, with the Indian Ministry of External Affairs releasing a statement condemning the attack and saying that of the 14 Indian crew aboard, 13 had been rescued, while search and rescue operations for the missing individual were ongoing. 

A view of shipping containers near a docked container ship at the Aqaba Container Terminal (ACT), which has seen increased vessel traffic amid disruptions to shipping through the Strait of Hormuz, in Aqaba, Jordan, August 30, 2026. (credit: REUTERS/ALAA AL SUKHNI)

“Our Embassy in Oman is closely monitoring the situation and proactively coordinating with the Omani authorities,” the statement read. 

Trump claimed all mines in Hormuz were destroyed

This comes weeks after US President Donald Trump announced that all mines in the Strait of Hormuz had been removed or destroyed.

“All mines have been removed and/or detonated from within the International Waters of the Strait of Hormuz,” Trump wrote.

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Syria is moving to expand economic and diplomatic ties with Turkey as Damascus seeks investment in various sectors. This includes a need for huge infrastructure projects and also all other manner of investment. Syria-Turkey relations have been a concern in Jerusalem, where political leaders view Turkey as a threat.

This week Syrian Foreign Minister Asaad Hassan al-Shaibani and Turkish Foreign Minister Hakan Fidan discussed the growing relationship during a joint press conference in Damascus on September 13. The meeting came several days after talks between Syrian and Turkish officials in Ankara.

Shaibani described Turkey as an important partner in Syria’s transition. Ankara was among the first countries to reopen its embassy in Damascus and helped reopen border crossings after the fall of the Assad regime on December 8, 2024. Syria’s state-run news agency, SANA reported on the meeting. A number of articles appeared in SANA, detailing the meetings and other recent initiatives Damascus has undertaken.

The relationship has expanded rapidly. Syria and Turkey have signed 40 agreements and memoranda of understanding, creating links between 22 Syrian ministries and agencies and their Turkish counterparts, SANA reported. The next steps include making sure that rhetoric actually results in work being done.

Expanding trade, transport, and economic ties

Economic ties are a major focus of the articles. Trade reached almost $4 billion last year, the report said; and the countries now hope to increase it to $10 billion. Plans include joint industrial zones, increased Syrian employment and production partnerships. Turkey has also supplied electricity to northern Syria following an energy agreement signed in May 2025.

Transport, including trucking and also plans for more air links are expanding as well. Road and transit operations through the Bab al-Hawa and al-Salama crossings have resumed around the clock, while a free zone and dry port have opened in Idlib. These were key crossing during the civil war as well. In those days they supplied refugees.

Fidan also emphasized Syria’s potential role as a regional trade and transportation hub connecting Turkey and the Mediterranean with Jordan, Saudi Arabia, Iraq and the Gulf.

The growing relationship with Ankara comes as Damascus is also seeking closer ties with European countries and international companies. Shaibani met Riccardo Guariglia, secretary general of Italy’s Foreign Ministry, in Damascus on Sunday to discuss expanding bilateral cooperation.

Syria announced submarine cable between Tartous and Cyprus

Syria is continuing outreach to Europe and the Eastern Mediterranean. The Communications Ministry announced an agreement for the Ebla submarine cable between Tartous and Cyprus. The project, involving Syria’s telecommunications company, Cyprus’s Cyta and US-based UNIFI Communications, is expected to enter service in early 2028.

The cable will initially provide 31 terabits per second of capacity, potentially expanding to ten times that amount over time, according to SANA. Together, the agreements illustrate Damascus’s effort to move beyond years of isolation and link Syria’s economic recovery increasingly with Turkey, Europe and international markets.

A US Chamber of Commerce delegation representing 50 companies and more than 80 participants is also visiting Damascus this week. It is there for a series of ministerial meetings aimed at expanding economic ties between Syria and the United States.

The visit marks the first US Chamber mission to Syria and comes amid growing international business interest in the country. Steve Lutes, the Chamber’s vice president for Middle East Affairs, said the delegation represents companies from a variety of sectors.

According to Syria’s state-run SANA news agency, Lutes said the delegation had witnessed efforts by President Ahmad al-Sharaa’s government to create an environment that welcomes business and foreign investment.

This post was originally published on here. 

The election is still more than a month away, and it remains unclear whether the opposition-aligned change bloc will secure a victory, but the Democrats party is already preparing for potential coalition negotiations after the vote.

According to Walla, a team within Yair Golan’s party is developing the party’s list of demands for coalition talks and potential coalition agreements if a change bloc government is formed. 

Golan and his associates remain focused primarily on the election campaign and efforts to increase the party’s representation in the Knesset. At the same time, however, the party has begun preparing for the possibility of entering government. The goal is to enter coalition negotiations with a detailed set of demands, rather than simply negotiate the division of ministerial portfolios after the election.

The preparations are also driven by concerns within the party that even if the change bloc wins, the next government could include parties whose leaders, including Naftali Bennett and Avigdor Liberman, differ significantly from Golan on a range of ideological issues. The Democrats want to ensure that in such a scenario they do not become a marginal force within the coalition, but instead maintain enough influence to shape government policy.

Democrats learning from previous change government

The party is also drawing lessons from the political experience of the previous change government. Democrats officials view that government as an example in which the coalition’s right-wing members had a stronger influence over its direction and policies, while Meretz, which held the Health Ministry under Nitzan Horowitz among other portfolios, struggled to translate its political strength into significant influence over the government’s agenda and public debate.

Yair Golan, chairman of The Democrats party, with party members following the announcement of the results of The Democrats party primaries ahead of the upcoming elections, in Tel Aviv, Israel, July 20, 2026. (credit: AVSHALOM SASSONI/FLASH90)

This time, Golan and his associates want to be better prepared. As part of the team’s work, the party is formulating several key demands it plans to raise during coalition negotiations, particularly on issues related to democracy, the rule of law, and the judicial system.

The party’s goal is not to settle for general commitments in coalition guidelines, but to secure specific promises and practical steps that would limit the government’s ability to act on issues the Democrats consider fundamental.

Alongside these ideological demands, the party is also preparing a list of ministries it will seek during coalition talks. Golan has previously identified several key portfolios that the Democrats are interested in, including Defense, Justice, Education, National Security, and Communications.

Party developing policy demands

As part of its preparations, the party is developing policy demands and concrete steps it would seek to advance through each ministry. The aim is to prevent a situation in which the Democrats receive senior government positions but lack the ability to influence the government’s broader direction.

A party source told Walla: “We will not be excess baggage. They will not throw us a portfolio and say, ‘Take it and be grateful.’ We want to influence and lead, to advance the agendas for which we were elected. The goal is not only to be partners in the next government, but to be a force that influences its direction and leads it.”

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Syrian authorities have launched an investigation into a woman identified only by the initials A.Y. in Aleppo after receiving complaints about a video circulating online that allegedly showed her performing an act of sorcery or witchcraft, the Internal Security Forces in the Syrian Arab Republic announced on Monday.

The security forces announced that they were investigating what A.Y. had been doing in the viral clip “to take the necessary legal measures against her.”

“These measures come within the framework of efforts aimed at curbing fraudulent practices and the exploitation of citizens,” the forces insisted.

The circulating footage showed a woman, allegedly A.Y., burning an unidentified object on a stone before a crowd gathered to question her about what she was doing. The confrontation escalated, with members of the crowd putting out the fire and seemingly kicking the woman.

According to the independent Arabic site Al-Mashhad, A.Y. has already been placed under arrest.

A drone view shows the old city of Aleppo and restoration work being done in the old markets of Aleppo, Syria, August 19, 2026. (credit: Mahmoud Hassano/Reuters)

Aleppo’s Yezidi community have faced persecution for ‘witchcraft’

Aleppo is a predominantly Sunni Muslim city, with a sizeable Christian population as well as a number of other ethno-religious communities, including a small Yezidi population. Though the faith of A.Y. has not been published, the Syrian state has not recognized the Yezidis as an independent religious group, and Yezidis have faced repeated persecution in Syria and Iraq over accusations of “devil worship” and “witchcraft.”

Notably, according to a 2023 report by the US Commission on International Religious Freedom, Hay’at Tahrir al-Sham’s morality police, known as Hisba, killed, raped, and looted from members of religious minority groups in Deir al-Zor whom it accused of prostitution and witchcraft. The group also extorted zakat, or religious alms, from residents.

At the time, HTS was designated as a terrorist organization by the US and UK. Since now-Syrian President Ahmed al-Sharaa’s forces seized control of Syria in December 2024, however, both countries have removed HTS from their respective terrorist lists, while Washington and London have also provided significant sanctions relief to Syria.

In recent years, a number of women have been killed in Syria over allegations of witchcraft. According to the Syrian Observatory for Human Rights (SOHR), a woman was shot by gunmen last year over allegations of witchcraft in Nawa city in the western Daraa countryside, with a similar incident occurring in nearby Nahj a year prior. 

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The Health Ministry issued a warning on Tuesday against purchasing and consuming an unapproved weight loss supplement called “G-Slim” containing a banned substance after it led to a young person’s hospitalization. 

Laboratory tests conducted by the ministry found that the product contains the active ingredient sibutramine, a pharmaceutical substance banned in Israel and multiple other countries due to the risks associated with the use.  

The ministry emphasized that there are currently no registered products containing this substance, which was withdrawn from most countries’ markets after it was associated with higher risks of heart attacks and ischaemic stroke. 

Other risks include increased blood pressure, rapid heartbeat, anxiety, irritability, insomnia, and psychiatric disorders, potentially causing life-threatening conditions. 

The risk is further exacerbated due to the high dosage within G-Slim, with each capsule containing 53.8 milligrams of sibutramine, a figure over three times higher than that contained in the products previously removed and banned from the market. 

 An illustrative image of a medicine bottle, with several pills spilling out. (credit: Towfiqu barbhuiya/Unsplash)

Health Ministry warns against unregulated supplements

The Health Ministry warned the public against taking counterfeit and unregulated products and to only purchase medications, dietary supplements, and health products from authorized sources, such as pharmacies and pharmacy chains. The public is urged to avoid purchasing products through social media platforms, messaging groups, and unfamiliar websites. 

The public is encouraged to report encounters with the product, suspected marketing of counterfeit medications, or side effects following their use by contacting the Health Call Center at *5400. 

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The Jerusalem District Court ruled Tuesday that Linor Sasson will remain in custody for now, finding preliminary evidence supporting charges that she helped members of the group accused of murdering Benayahu Razi flee after the attack and obstructed the investigation.

The court declined to release Sasson to house arrest at this stage but ordered the Probation Service to submit an assessment within 30 days. Her detention will be reconsidered at a hearing on October 22.

Sasson, 46, is the mother of Avior Sasson, one of four minors charged with Razi’s murder. She is not accused of participating in the killing itself.

Her attorney sought her release to house arrest under electronic monitoring, arguing that she faces the lesser charges of assisting after the fact and obstruction of justice. Prosecutors opposed her immediate release, citing her criminal record, but agreed that the Probation Service could examine a possible alternative to detention.

A finding of preliminary evidence does not determine guilt; it rather only means that the court found sufficient support for the charges at this stage of the detention proceedings. The main trial has not yet begun. 

Illustration of arrested suspects on their way to hearing at a District Court. (credit: CHAIM GOLDBERG/FLASH90)

Seven indicted for different roles in killing

Seven people were indicted in August, but prosecutors accuse them of different roles in the killing.

Agam Tzarfati, 19, of Jerusalem, Shilat Huta, 20, of Beersheba, and four minors aged approximately 15 to 17 were charged with murder and aggravated assault. Prosecutors allege that the six decided together to attack Razi and his friend, while the four minors carried out the physical assault that killed him.

According to the indictments, the group gathered at Sasson’s home after Tzarfati and Huta said Razi and his friend had attacked them during an earlier dispute.

Prosecutors allege that Sasson later drove the group toward the rented apartment in Jerusalem’s Nachlaot neighborhood where Razi was staying. The indictment states that she warned them not to do anything.

After the attack, Sasson allegedly helped members of the group flee. Those allegations form the basis of the charges against her.

Razi, 19, was stabbed to death in the apartment on July 11. His friend was also attacked and wounded.

Tzarfati and Huta remain in custody pending a hearing on October 19. Their attorneys intend to argue that the prosecution has not presented sufficient preliminary evidence to support the murder charges against them.

The four minors also remain in custody, with their next hearing scheduled for November.

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Good morning. On Fortune’s radar today:

  • The high price of war.
  • Could Iran tank the market?
  • Stocks down as bond yields enter “new era.”
  • AI models often don’t know what time it is.
  • What if “temporary” inflation is permanent?
  • 63% of religious books on Amazon are AI slop, a study finds.

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  • In today’s CEO Daily: How AI is changing the nature of leadership
  • The big leadership story: Uber CEO says layoffs will equal rider savings.
  • The markets: In the red as Treasury yields and the price of oil rise
  • Plus: All the news and watercooler chat from Fortune.

Good morning. Lee Williamson, Fortune’s Asia editorial director, writing from Macau, where we recently wrapped the inaugural Fortune Leaders Forum. We convened Fortune Global 500 executives, founders, experts, and policymakers to discuss how the convergence of multiple headwinds—AI breakthroughs, rising geopolitical tensions, changing demographics—is reshaping the global business landscape. In this era of volatility, we asked CEOs how they are building strategies for an unproven future, and how they make decisions before the path is clear. A recurring theme throughout the day was not just how AI is transforming companies, but how technology is changing the nature of leadership itself. Here are my three takeaways:

From efficiency to reinvention. ServiceNow’s Asia managing director Melissa Ries set the scene: the company’s research shows that while “about 60% [of companies] have AI agents; only 5% have redesigned their workflows.” Several leaders discussed the need to move away from thinking of AI as an efficiency tool to be bolted on to existing workflows, to a technology that mandates an enterprise redesign. “The biggest risk is [using] AI to improve today’s processes, so basically you get a better version of yesterday,” said Malina Ngai, Group CEO of 185-year-old health and beauty retailer AS Watson. “That loses sight of how we can use AI… to help us to reinvent how we serve our customers.” The company’s key metric to define success? A “customer love score,” which AS Watson sees improving as AI tools give staff more time to spend serving customers. Elsewhere, Feroz Sheikh, Syngenta Group’s chief information officer and chief digital officer, described how the agritech giant is evolving from monolithic systems and workflows to “modular pieces” so that supply chains and technology stacks can be realigned to adapt to fast-moving changes.

The talent equation. Walmart China’s president and CEO Christina Zhu built on Ngai’s comments, saying that “with AI, humans actually become more important, not less so,” highlighting how AI is helping the company’s merchandisers decide which products to stock. “The data only tells you what customers have chosen… it doesn’t tell you the unmet needs. That [only] comes with a deep human insight.” Zhu credited Walmart’s robust growth (its China business grew 20.7% last quarter, compared with Walmart U.S.’s 2.6% growth in the same period) to a combination of data, AI, and human decision-making that delivers customer satisfaction. “My boss is the Chinese consumer,” said Zhu. HP’s Asia head Michael Boyle also stressed the need to build systems that combine human talent with machine automation and not simply “re-engineering the same thing with AI.”  

The evolving role of leadership in the intelligent age. When knowledge and experience are commoditized, and high-quality analysis is available at the cost of a few tokens, what is the role of a leader—and what leadership quality is most valuable? IMD professor Tim Quigley argued it’s a CEO’s judgment, a sentiment shared by BCG’s Greater China chair Carol Liao, who described a new “premium” on high-quality decisions. ServiceNow’s Ries said that with intelligence automated, judgment is the new “scarce resource.” Becca Carroll, chief strategy officer of design agency IDEO, known for traditionally seeking “T-shaped” people who have deep expertise in one specific discipline, described how AI is creating the rise of the “comb-shaped person,” who has “a depth of expertise across a series of disciplines and can fluidly move between them.” Yuxiang Zhou, founder and CEO of Chinese tech company Black Lake Technologies, which builds AI agents for the manufacturing sector, said he is using agents to train his sales teams—and getting better results than human managers in blind testing. “How you define the relationship between you and AI is what will distinguish great leadership from good leadership,” he said. 

These conversations will continue at Fortune’s next Asia event, the Fortune Southeast Asia 500 Summit in Ho Chi Minh City on Nov. 3, where we will convene leaders of ASEAN’s largest companies to tackle the critical forces reshaping the region’s business landscape. Since I’m in Macau, the Las Vegas of Asia, I’d say it’s a safe bet that Southeast Asia’s AI transformation will be a key talking point. Apply to attend.  

Contact CEO Daily via Diane Brady at diane.brady@fortune.com

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The stablecoin boom has made it easier for people and businesses to move currencies across borders. But converting those digital dollars into money that can reach local bank accounts or digital wallets remains a practical hurdle. New York-based Fin.com is among the latest companies seeking to build the payment infrastructure that helps customers bridge that gap.

Cofounded by immigrant technology entrepreneurs Nabeel Alamgir and Mustafa Dar, Fin.com announced Tuesday that it has emerged from stealth with a $20 million seed round that closed in August. The financing was led by Expa and Uber cofounder Garrett Camp, with participation from Coinbase Ventures, Tenet Fund, the founders of Figure, Mesh founder Bam Azizi, Second Sight Ventures, and sovereign and royal family offices in the Gulf and Africa.

“We believe that money movement is like a plane taking off from one airport, but it has to land somewhere else,” Alamgir told Fortune. “We want to solve the last mile delivery problem.”

That mission inspired the name behind Fin.com, which serves as an abbreviation for “finishing the job.” Both founders have the company’s name tattooed on their bodies.

Fin.com sells white-label payment infrastructure to businesses, including financial services firms, consumer platforms and prediction markets. The company said its tools allow prediction market users to fund wallets from exchanges such as Binance and Crypto.com, while helping platforms move corporate funds across borders. Fin.com declined to identify specific clients but said they collectively serve more than 800 million users.

 Alamgir and Dar declined to disclose the company’s valuation.

Building from experience

Since Congress passed the Genius Act in July 2025, establishing a federal framework for dollar-pegged stablecoins in the United States, stablecoin activity has continued to expand globally. The sector’s combined market capitalization surpassed $305 billion in September, up more than 77% from a year earlier, according to DeFiLlama data. The growth has drawn a range of payments companies, including Circle and BVNK, along with Bridge, the stablecoin infrastructure provider owned by Stripe.

Alamgir and Dar acknowledged they have entered a crowded market, but said their personal experience informs Fin.com’s focus on certain regions. The founders have identified South Asia, Africa and the Middle East as key markets. In addition to its New York headquarters, Fin.com has offices in Las Vegas, Dubai, Dhaka, Bangalore and Lahore.

Both experienced the challenges of sending money abroad firsthand. Born in Bangladesh, Alamgir grew up in Kuwait before moving to New York as a teenager. Dar was born in Pakistan and lived in Saudi Arabia before moving to Los Angeles at age five. Growing up, both watched their parents struggle to send money to family overseas.

In 2023, Dar stepped away from 24/7 Jet, the private jet company he founded in 2012, to join Expa as an investor and explore opportunities in global finance and fintech. Around the same time, Alamgir had left Lunchbox, the enterprise restaurant-technology company he founded years earlier.

Alamgir wanted to apply his operational experience with payments to a broader challenge: gaps in financial infrastructure for underbanked people around the world. In late 2025, he flew from New York to Los Angeles to pitch Dar on the idea for Fin.com. The two quickly found common ground, and Dar soon transitioned from potential investor to cofounder. 

His colleague, Vitor Lourenço, founding partner at Expa, took his place as one of the seed round’s co-investors. For him, the fit was natural. “All of the Expa partners are immigrants. We grew up in different countries, so the opportunity of cross-border payments was very clear for us,” he said.

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Police said they are investigating death threats made against a senior Jewish leader in Germany, after she criticized the far-right Alternative for Germany (AfD) party.

A witness found graffiti scrawled in white ink on a park bench and a trash bin in Munich’s English Garden park, threatening the life of 93-year-old Holocaust survivor Charlotte Knobloch,  the Munich Police Department said in a statement.

Citing police sources, The Abendzeitung on Sept. 11 reported the threat contained the phrase “Die AfD hat gewonnen, morgen hängen wir die Knobloch,” which translates to, “The AfD has won, tomorrow we’ll hang Knobloch.” A police spokesperson had not responded to JTA’s request for confirmation of the threat content by press time.

The witness reported the graffiti to police, and an investigation was launched on Wednesday, Sept. 9, police said.

Knobloch, chair of the Jewish Community of Munich and Upper Bavaria, canceled plans to attend a public event as an audience member right after learning of the threat, the Jewish Telegraphic Agency has confirmed with the Jewish Community in Munich.

Top candidate of the far-right Alternative for Germany (AfD) Ulrich Siegmund attends the AfD election party after polls closed in the Saxony-Anhalt state elections and exit polls were announced, in Magdeburg, Germany, September 6, 2026. (credit: REUTERS/FABRIZIO BENSCH)

The Munich Criminal Investigation Department has categorized the incident as a case of incitement to hatred, threats, and property damage, and has asked witnesses to contact police.

AfD wins 43.8% of votes in Saxony-Anhalt

The AfD won 43.8% of the votes in the state of Saxony-Anhalt on Sept. 6. The election set the stage for a right-wing party to control a German state government for the first time since the Nazi era. But the AfD fell three seats short of a majority and has yet to secure enough support to form a government, Reuters reported Sept. 11.

Knobloch, an ardent critic of the AfD, had said the party’s record of success “frightens me.” In a statement released Sept. 6 by her office, she said that she “couldn’t have imagined even in my worst nightmares that right-wing extremists could win elections in Germany again in this way.”  She has long called for the party to be banned.

The Department for Research and Information on Antisemitism (RIAS) has a reporting mechanism for witnesses or victims, and provides statistics to federal and local authorities. Antisemitic crimes may be motivated by left, right or Islamic extremism, but the specific reference to the AfD and a specific target made this case unusual, spokesperson Felix Balandat said. “We have not recorded anything like that before,” he told JTA.

Munich Mayor Dominik Krause (Greens) asked in a public address, “How many more death threats, how much Nazi rhetoric, how many more deportation announcements do we actually need” before the federal government initiates steps towards banning the AfD?

Meanwhile, in Berlin, a woman was injured in a suspected antisemitic attack, according to city police.

Early on Sept. 11, two men attacked a 43-year-old woman in the Mitte section of Berlin. The attackers, who fled the scene, commented on her wearing a Star of David and shouted antisemitic insults at her, Berlin police said.

One of the men allegedly attacked her with a broken glass bottle, police said. While defending herself, she suffered several cuts to her hand. Paramedics transported her to a hospital for treatment. The State Security Unit of the State Criminal Police Office has taken over the investigation.

According to RIAS, more than 2,000 antisemitic and anti-Israel insults, threats, acts of vandalism and attacks were registered in Berlin in 2025, slightly down from 2024 but still more than twice as many as before the attacks on Israel on October 7, 2023.

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Vera Therapeutics said Tuesday that its recently approved drug Trutakna stabilized kidney function and reduced the risk of kidney-related death and other complications in patients with a chronic autoimmune kidney disease, according to final, two-year results from a Phase 3 clinical trial. 

In July, the Food and Drug Administration granted accelerated approval to Trutakna for the treatment of IgA nephropathy, or IgAN, a disease caused by the buildup of immune antibodies in the kidneys. The condition leads to progressive loss of kidney function and potentially organ failure requiring dialysis.

With the final data from the study in hand, Vera said it will seek full approval of the drug from the FDA during the fourth quarter. 

Continue to STAT+ to read the full story…

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Voting for the Palestinian Legislative Council should be delayed by three to four months to allow authorities to wait for the outcome of Israel’s election and address the five main obstacles to holding a credible and effective vote, the Palestinian Center for Policy and Survey Research wrote in a brief published on Monday.

Five major structural impediments justify postponing the election, PCPSR argued. First, Israel’s control over Area C and east Jerusalem makes it unclear whether Palestinians in those areas will be able to vote. Accusing Jerusalem of pursuing an “annexationist agenda,” the center said Israel could interfere with the electoral process by confiscating election materials, arresting political candidates, and restricting some communities from participating in the vote.

The second major issue identified is that the Palestinian Authority lacks operational security and administrative presence across the Gaza Strip and in expanding regions of the West Bank, making it impossible to safeguard polling locations, protect personnel, ensure secret balloting, or enforce election results.

Without the PA’s administrative control, PCPSR warned that holding elections in Gaza risks producing widespread voting failure.

Additionally, PCPSR warned that the unresolved political and legal status of Hamas currently presents a “major political contradiction.” Without genuine reconciliation between Hamas and Fatah, the potential outcome of Hamas winning a significant number of seats in the council could cause major issues, especially given that many international donors are conditioning reconstruction aid for Gaza on Hamas’s exclusion from executive governance.

PALESTINIAN AUTHORITY President Mahmoud Abbas of Fatah (L) and Hamas politburo member Khalil al-Hayya. The two Palestinian organizations have the same goal of Israel’s destruction but take different paths to get there, the writer says. (credit: Nasser Nasser/Pool/Yamam al Shaar/Reuters)

Mass displacement in Gaza erroded trust in electoral process

PCPSR also warned that amendments to Palestinian electoral law which require candidate lists and individual nominees to explicitly pledge adherence to the Palestine Liberation Organization (PLO) as the sole legitimate representative create a legal requirement that risks excluding prominent political movements, independent factions, and anti-establishment coalitions that reject specific PLO agreements.

Finally, the think tank warned that public trust in the electoral process had been severely eroded by the mass displacement in Gaza, the PA’s fiscal insolvency, unchecked settler violence, and modifications to the election laws, which could undermine the core purpose of establishing a new governing authority.

Compounding these issues, Israel’s election is set to go ahead on October 27. PCPSR predicted that some political parties will likely use cracking down on Palestinian electoral activity as a means to demonstrate their “toughness.”

PLC and presidential elections could trigger a constitutional deadlock

Palestinians are also anticipated to vote in presidential elections in 2027, which, if done after holding PLC elections, could create constitutional instability and potentially trigger a constitutional deadlock if a newly elected PLC challenged Abbas’s executive authority.
 
Assuming the PLC elections take place as scheduled, or after a short delay, PCPSR noted that it would center around five distinct political forces: Fatah leaders, Fatah dissidents, Hamas and its potential coalition partners, leftist parties, and civil society groups.

Despite polls demonstrating widespread dissatisfaction with Abbas’s leadership, the official Fatah movement has substantial institutional advantages, including patronage networks, party discipline, and administrative experience, the brief noted.  The official leadership may also attempt to appeal to more voters by recruiting youth leaders, civil society figures, and respected independents; however, such efforts would likely be hindered by voter frustration with PA corruption, security coordination, and economic stagnation.

The Fatah dissident faction list, centered around imprisoned Fatah leader Marwan Barghouti and prominent figures such as Qaddoura Fares, has tremendous appeal to voters. Polls indicate that Barghouti is the most popular Palestinian figure, likely to receive 54% of votes in the presidential election. However, should Barghouti’s list run separately against an official Fatah list, Barghouti’s would capture 33% of the vote, while the Fatah official list would receive just 14%, according to PCPSR polls.

Anti-Abbas coalition centered on Hamas, other terrorist factions

The third, which PCPSR claimed could be the most decisive force, is a broad anti-Abbas national opposition coalition centered on Hamas, but extending beyond it. The ongoing talks with Hamas by Mohammed Dahlan’s Democratic Reform faction, Palestinian Islamic Jihad, the Popular Front for the Liberation of Palestine (PFLP), Nasser al-Qudwa’s political movement, and independent figures, could provide Hamas the opportunity to run through a unified national list.

PCPSR said that by nominating independent technocrats, respected national figures, and non-partisan candidates, Hamas could broaden its electoral reach while also shielding the list from international sanctions.

The fourth camp, which consists of leftist lists like the Palestinian National Initiative (Mubadara), PFLP, Democratic Front for the Liberation of Palestine (DFLP), and Palestinian People’s Party (PPP), collectively commands around 18% support among likely voters.

The final camp, comprising independent and civil society lists, faces significant structural hurdles and limited financial resources, making a substantial parliamentary presence unlikely.

A fragmented parliament

Predicting the outcome of the election, PCPSR published that it is unlikely that the 2006 results would be repeated, as the November election will most probably produce a more fragmented parliament.

The August 2026 poll found that Fatah would receive 32% among likely voters, Hamas 29%, and third parties combined 18%. However, at the time, a crucial 21% of likely voters remained undecided.

The emerging Hamas-Dahlan coalition could, however, consolidate multiple small voting blocs into a dominant parliamentary force, especially given that the anti-Abbas opposition coalition started with a base of at least one-fifth of the electorate.

Fatah’s official faction, PCPSR, insisted that it could not secure a parliamentary majority unless opposition forces remain deeply divided.

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As the election approaches its decisive stage, those around Prime Minister Benjamin Netanyahu have identified several scenarios that could prove politically dangerous for him.

Beyond the question of how many seats Likud will win, the central concern is the overall result for the right-wing bloc, particularly the possibility that it will remain below the 61-seat threshold.

According to the assessment, Netanyahu understands that in the current election, even a result of 59 seats for the entire bloc could place him in genuine political danger.

In such a situation, the opposing camp could potentially secure a parliamentary majority that would allow it to establish another government, even if that government would not remain stable for four years and even if some Arab parties did not formally join it.

The scenario being discussed in the political system involves a combination of parties led by Avigdor Liberman, Gadi Eisenkot, and Naftali Bennett, together with the other parties in the change bloc and parliamentary support from Arab parties.

Naftali Bennett (L), Gadi Eisenkot, Avigdor Liberman. (credit: AVSHALOM SASSONI/FLASH90, MARC ISRAEL SELLEM)

In that scenario, Ra’am, the Joint List, or Balad would not necessarily have to join the coalition. Nor would they necessarily need to vote actively for the government. External support, abstention, or another parliamentary arrangement could be enough for the opposing camp to assemble a majority of 61 Knesset members.

In other words, if Netanyahu’s bloc wins only 59 seats, the remaining 61 Knesset members could, at least numerically, support a move to establish another government. In that scenario, they could argue that they are not establishing “a government that relies on the Arab parties” in the traditional sense, but are instead using the existing Knesset majority to replace the prime minister and establish a temporary governing framework.

Netanyahu wants to avoid issues of military conscription

One issue Netanyahu reportedly does not want to become the central focus of the election is military conscription. The reason is straightforward: It creates difficulties for almost every component of his political camp.

The issue is challenging for the haredi parties, creates friction within Likud, and could also complicate matters for the Religious Zionist camp. From Netanyahu’s perspective, an election campaign centered on conscription could put the entire bloc on the defensive and sharpen internal disagreements precisely when the goal is to unite right-wing voters.

By contrast, issues that return the public debate to divisions between the political camps, such as Right versus Left, attitudes toward Arab parties, the character of the state, or cultural and political disputes, are more comfortable terrain for him.

In this context, public controversies such as the one that developed around the film NAZA could also, according to the assessment, serve Netanyahu’s campaign. The more the debate shifts toward questions of who is “going with the Arabs,” who is cooperating with the Democrats, and the Left’s attitude toward Israel, the further the discussion moves away from conscription and other issues that create internal difficulties for the right-wing bloc.

Until now, Netanyahu had some room to maneuver even when he did not personally command 61 seats. The reason was that the opposing camp struggled to produce a majority of its own.

As long as some of the players in the change bloc were unwilling to rely on Arab parties, the fact that Netanyahu remained below 61 seats was not necessarily enough to replace him.

In practice, he could remain transitional prime minister even without a solid parliamentary majority because his rivals also had no simple way to form an alternative government.

In the current election, however, according to the assessment, that situation could change. If the change bloc is prepared to use the support or abstention of Ra’am, the Joint List, and Balad to reach the majority required to replace Netanyahu, it would no longer need 61 “Zionist” seats on its own.

In other words, Netanyahu could previously assume that if the other side could not reach 61 seats without the Arab parties, it could not form a government. Now, if there is sufficiently broad agreement to replace him, the Arab parties could also become part of the equation.

That also gives rise to one of Netanyahu’s greatest concerns, and perhaps one reason he may leave open the possibility of a unity government after the election.

If the right-wing bloc falls short of 61 seats, and if the opposing camp has a majority capable of removing him, bringing in a centrist or opposition party could become a tool of political survival for Netanyahu.

Netanyahu needs 61 seats for PM spot to be secured

For him, therefore, 61 is not merely the number required to form a government. It is also the defensive line preventing his rivals from establishing an alternative government in his place.

The bottom line is simple: Netanyahu knows that if the entire right-wing bloc remains below 61 seats, he can no longer be certain that he will remain transitional prime minister. If his rivals unite and also secure support or abstentions from Arab parties, they could reach a majority sufficient to remove him from the Prime Minister’s Office, even without immediately forming a stable, long-term government.

This is, in effect, Netanyahu’s new vulnerability. For years, he did not necessarily need 61 seats to remain in the game. His rivals also lacked a majority capable of rallying around an agreed alternative.

The divisions within the opposing camp, particularly the veto imposed by some of its parties on relying on Arab factions, served as a kind of political safety belt for him.

This time, he fears that safety belt is coming undone. If Eisenkot, Bennett, and Liberman agree that the first objective is to replace Netanyahu, even without yet agreeing on every element of the next government, 59 seats for the right-wing bloc would no longer amount to an almost-victory, but would instead represent a point of danger.

Once the other side is willing to use every available parliamentary majority to bring about his replacement, the battle for the 60th and 61st seats becomes, from Netanyahu’s perspective, not merely a struggle to form a government, but a struggle over whether he remains in power.

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US President Donald Trump called the recent developments in the artificial intelligence sector, which involve several industry leaders warning about the dangers of AI, a “hoax” during a Monday call with Nvidia CEO Jensen Huang.

Trump, who has been pushing against the call from the sector to slow down AI development amid fears that the technology is out of control, called Huang while he was speaking live on the All-In Podcast and told him that “AI doomerism” is “all a hoax… and we’re not going to let that happen.”

“The data centers are great, and they make people wealthy, and they make states wealthy. And it’s the oil of the next 20 to 25 years; it’s even bigger than the internet,” Trump claimed in his call with the Nvidia CEO. “They [the AI industry leaders] are playing right into the hands of some people that don’t want to see it happening.”

The US President also claimed that “China and maybe some politicians” were behind the recent push to slow down development, adding that they “are no gonna let that happen.” Huang agreed: “You are right, we are not going to let that happen, sir.”

‘We have to be careful,’ Trump admits

After claiming that the recent news was “nothing but a hoax” and that “the robots would not be taking over the world,” Trump clarified that “we have to be a little bit careful.”

Nvidia CEO Jensen Huang at the All-In Podcast, when he was called by US President Donald Trump. (credit: Screenshot/X/@theallinpod)

“We have to do things prudently, but it doesn’t mean that we will stop an industry,” he added, and then extended support to Huang, saying that “he was with him all the way.”

“I have an expression: ‘Whoever wins AI will win.’ And we can’t let this kind of stuff happen, and that includes very much data centers,” Trump concluded.

Earlier on Monday, Trump issued a series of Truth Social posts insisting that the situation with AI was “a hoax” that was being pushed by foreign actors and “the Democrats.”

“The people that say AI is going to destroy the world, and that data centers are bad for your neighborhood, are the same people that said, just a short time ago, that the world would be extinguished by ‘Climate Change.’ That hoax never worked out for them, and now they’re on to the next one,” Trump said in one of his posts.

“These people are revolutionaries, but revolutionaries for a bad and evil cause. Soon you’ll find out they’re working for people that do not have the best interests of the United States in mind,” he added.

What are AI industry leaders saying?

The fears of AI “running out of control” were initially pushed on Wednesday by Jacob Coxon, a former employee of both Anthropic and OpenAI who said that both companies were acting irresponsibly and “gambling with our lives,” while warning that the technology could “kill us all by the end of the decade.”

Anthropic CEO Dario Amodei replied to these accusations on Saturday with an essay asking AI companies to “slow down development” to “manage the risk of AI.”

“We must slow the pace at which we improve the capabilities of AI models. Progress will still seem fast, and we must make wise use of the time we gain,” Amodei said in an essay. “A race to the bottom, spurred by commercial incentives, can make these risks more acute.” 

While Amodei expressed the potential benefits of the technology, including his belief that “AI could cure most major diseases in the next 5–10 years, greatly accelerate economic growth rates, create a world of abundance and empowerment, and usher in a renaissance of democracy and freedom,” he also acknowledged struggling with the risk-to-benefit balance from the beginning of Anthropic.

In a similar tone, OpenAI CEO Sam Altman announced that the Initial Public Offering (IPO) that the company had planned for this year was going to be pushed back at least until 2027, citing safety concerns over artificial intelligence that render “unacceptable” even a 10% risk that AI could cause human extinction by decade’s end.

“I actually think that, given everything happening with safety, right now would be an ill-advised moment to go public, and we don’t feel pressure on that,” Altman told business magazine Fortune.

Asked if there was a 10% chance of AI-driven extinction, Altman said he didn’t know how to make such an estimate, but warned the risk was serious enough that AI companies and governments should act as though it could not be tolerated.

“Whether it’s 10 or eight or six, the point is, we all have a tremendous amount of responsibility, and cannot let egos or incentives for profit or anything else get in the way,” Altman added.

Reuters contributed to this report.

This post was originally published on here. 

In June, SpaceX’s record-breaking IPO made Elon Musk the world’s first trillionaire. At the same time, a very different economic reality was unfolding for millions of American households.

We are currently living in a tale of two economies.

In the first economy, the top 20% of U.S. households now drive roughly 60% of all consumer spending, buoyed by the wealth effect of rising asset values. In the second economy, the American middle class is experiencing a severe, structural margin collapse.

In July, the household margin crossed back below zero. Wages grew 3.2% over the year, while consumer prices rose 3.4%, leaving households with a negative 0.20-point wage-price spread. Against the pre-war baseline of 1.34 percentage points, that is a 115% margin collapse. Families are no longer operating with a thinner cushion; they are operating with a deficit.

Consumers are increasingly bridging this negative margin with leverage. One of the clearest indicators of this shift is at the grocery store, where Buy Now, Pay Later (BNPL) usage has doubled over the past two years. Consumers are paying for daily necessities in four installments. When households have to finance their groceries, it’s no longer a consumer trend. It’s a structural deficit.

U.S. corporations and policymakers are responding to this divergence in ways that risk reinforcing it: protecting margins at the top while leaving the purchasing power of the middle class increasingly constrained. To see what structural resilience can look like in 2026, American executives should look beyond the conventional playbook. They should look at a Swedish furniture retailer.

The False Playbook: Extracting from a zero-margin base

Faced with a squeezed consumer base, a growing number of U.S. companies are responding by moving away from the middle class and tailoring their offerings to the affluent, passing inflationary pressures on to the end user.

They are doing this while simultaneously utilizing artificial intelligence to protect their own margins. Employers are freezing or cutting hiring, with the steepest declines concentrated in middle- and entry-level roles, effectively constraining household earnings exactly when energy and living costs are surging.

Washington has tried to address this structural crisis with tax relief, but the relief is uneven. The highly anticipated “One Big Beautiful Bill Act” (OBBBA) promised broad-based tax relieffor the middle class. In reality, households in the 95th to 99th income percentiles will receive roughly 1.9 times the tax relief of middle-income households.

Extracting the last dollar from a negative-margin consumer, or relying on tax relief that disproportionately benefits higher-income households, isn’t a long-term economic strategy. By engineering out the middle class, U.S. companies and policymakers are weakening their own demand redundancy. If the stock market corrects and the top 20% pulls back on discretionary spending, a diminished middle class leaves the economy with a weaker floor to fall back on.

The IKEA masterclass: Engineering affordability

If the U.S. playbook relies on extracting from the few, IKEA offers a masterclass in optimizing for the many.

When asked whether IKEA was pivoting to target the growing cohort of affluent Americans, Juvencio Maeztu, CEO of Ingka Group, pointed to a different measure of success: “I like to say that for us, the big KPI is not top line in revenue… The big KPI is in how many homes we are present.” He added: “We have a say normally that we sell umbrellas in IKEA, and we normally reduce the price of the umbrella when it’s actually raining.”

IKEA is not doing this for charity. They are ruthless, brilliant corporate strategists building an durable moat for the 2026 economy. They achieve this through four structural pillars:

● Deflationary Pricing: While many U.S. companies raised prices, IKEA executed deliberate price cuts to capture volume from tapped-out consumers. As Maeztu explained, they start with the price the masses can afford, and engineer their cost structure backward. In fiscal year 2025, Ingka Group absorbed a 0.9% revenue drop (€41.5 billion), but the strategy worked: store visits grew to 736 million, and operating income actually jumped 16.8% to €1.46 billion.

● Supply Chain Sovereignty: You cannot control prices if you are a passive victim of global logistics. When geopolitical conflict paralyzed shipping through the Strait of Hormuz in early 2026, IKEA was already executing a Re-Americanization strategy. IKEA supplier SBA Home invested $70 million in a highly automated plant in Mocksville, North Carolina, supported in part by Inter IKEA, localizing production of high-volume IKEA items and reducing exposure to maritime chokepoints and tariffs.

● Energy as a Fixed Asset: To insulate their operations from the volatility of fossil fuel markets, Ingka Investments committed €7.5 billion by 2030 to utility-scale renewable energy. They already own 49 wind farms and 26 solar parks. They are reducing their exposure to volatile energy costs and shielding their supply chain from global price shocks.

● Human Capital Reinvestment: As Fortune’s Claire Zillman reported, IKEA used its AI bot Billie to automate routine customer service while retraining 8,500 employees for more complex customer service and interior-design sales roles rather than laying them off. Billie now assists 74% of customers who use the tool. The result: Remote sales centers became IKEA’s fastest-growing channel, generating €1.25 billion ($1.37 billion) in revenue last fiscal year as customer satisfaction rose from 60% to 89%.

Rebuilding the economic moat

IKEA treats its business the way we need to treat the United States economy. Maeztu noted that IKEA’s founder instructed them to “think 200 years out.” Washington, by contrast, rarely operates on that time horizon.

You cannot fund 75-year national liabilities, like Social Security, or a projected $2.1 trillion annual federal deficit, on a barbell economy. A nation cannot pay its debts with a consumer base increasingly reliant on subprime credit. National solvency requires volume.

If we want to build a resilient economic moat, we must build our economic systems around the second economy. And to do that, we have to be honest about who comprises it. The individuals bearing the brunt of this -0.2% margin collapse are disproportionately women and people of color.

When Native American women earn 53 cents for every dollar paid to white, non-Hispanic men, and 510,000 Black women disappear from the labor force in five months, the economy’s floor is weakening (based on my proprietary analysis of Bureau of Labor Statistics data). These are not only demographic statistics; they represent a structural misallocation of human capital.

Achieving an equitable labor market isn’t a social initiative; it is an economic stabilization tool. Closing these gaps would add an estimated $3.1 trillion to the U.S. economy.

Let’s look at the math. Closing the pay gap alone expands the payroll tax base enough to cover one-third of the Social Security funding shortfall. Scaling that to close the broader equity gap generates enough economic growth to cover the annual interest on our national debt.

True economic success in 2026 isn’t about extracting the last dollar from a negative-margin middle class. It is about strategic affordability and structural investment. IKEA proves that optimizing for the many is one of the strongest hedges against instability. You don’t survive the future by pricing out the middle class. You survive it by designing systems that keep the umbrellas affordable when it rains.

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. 

Few arenas provide a more powerful global platform than professional sports. Every night, athletes compete in front of millions of fans, with their performances transcending borders, languages, and cultures.

For the Jewish people, whose presence in many of the world’s biggest sporting leagues remains relatively small, those who reach the highest levels can become particularly meaningful representatives of Jewish and Israeli achievement.

That makes it impossible to look at the current sporting landscape without recognizing five athletes who, in very different ways, have helped put Jewish and Israeli talent in the international spotlight: Deni Avdija, Matt Turner, Zach Hyman, Oscar Gloukh, and Daniel Peretz.

Their stories are different.

Avdija is an Israeli-born NBA star and one of the most successful basketball players Israel has ever produced.

Israeli national team player Deni Avdija. (credit: GettyImages, Matteo Marchi/FIBA)

Turner is an American goalkeeper who discovered his Jewish roots as an adult and carried them with him into the highest levels of international soccer.

Hyman has emerged as one of the NHL’s premier Jewish players while speaking openly about his identity and fighting antisemitism.

Gloukh is one of Israel’s brightest young soccer talents, developing his game at one of Europe’s most historic clubs.

And Peretz has established himself as an Israeli goalkeeper in the European spotlight, after moving from Bayern Munich to Southampton.

Together, they represent a new generation of Jewish athletes who are not merely participating at the highest levels, but making an impact.

Deni Avdija

For Avdija, 2026 was a breakthrough year unlike anything an Israeli basketball player had experienced before.

The Portland Trail Blazers forward became the first Israeli ever selected for an NBA All-Star Game, capping a remarkable transformation from a promising teenager at Maccabi Tel Aviv to an established NBA star.

Avdija finished the 2025/26 season averaging 24.2 points, 6.9 rebounds, and 6.7 assists per game, earning his first All-Star selection after taking his game to an entirely different level.

But his significance extends well beyond the numbers. He has increasingly found himself representing Israel and the Jewish people at a time when doing so has become more complicated.

He has spoken openly about experiencing antisemitism while also making clear that he is proud to represent Israel.

In March, he shared the court with fellow Israelis Danny Wolf and Ben Saraf in a historic NBA game that featured three Israeli players – a moment of profound significance for Jewish and Israeli fans around the world.

Matt Turner

Turner offers a very different Jewish sports story.

The New Jersey-born goalkeeper was already an established American international and a Premier League veteran when he discovered documents revealing his paternal great-grandmother’s escape from Lithuania during the Holocaust.

That discovery led Turner to explore his Jewish heritage more deeply and to develop a stronger connection to his family’s history.

In 2026, Turner became the only Jewish player on the United States’ World Cup roster, giving him a unique place in the biggest soccer tournament on the planet.

The goalkeeper entered the tournament with 53 USMNT appearances and 27 international clean sheets, having already starred at the 2022 World Cup.

Even while facing competition for the starting position, Turner embraced the opportunity to represent his country – and, in his own way, his Jewish heritage – in front of a worldwide audience.

Zach Hyman

Then there is Hyman, perhaps the most outspoken Jewish voice among today’s elite North American athletes.

The Edmonton Oilers winger is not simply one of the NHL’s leading Jewish players; he has made his Jewish identity an important part of who he is. A graduate of a Jewish high school in Toronto and a gold medalist with Canada at the 2013 Maccabiah Games, Hyman wears No. 18 in part because of its Jewish significance – chai, meaning life.

His impact is both on and off the ice. Hyman has spoken publicly against antisemitism, participated in Jewish community events, and refused to retreat from his identity even when doing so has invited criticism.

His grandparents were Holocaust survivors, giving his advocacy an intensely personal dimension.

On the ice, meanwhile, he continues to produce at an elite level. In 2025/26, he scored 31 goals and recorded 52 points in 58 games for Edmonton.

Oscar Gloukh

Gloukh represents the future.

The 22-year-old Israeli attacking midfielder has already established himself in European soccer, first with Red Bull Salzburg and now with Ajax, one of the continent’s most storied clubs.

Gloukh’s 2025/26 campaign in the Netherlands produced six goals and six assists in league play, while he also scored three Champions League goals.

Born in Rehovot and raised in Israel, Gloukh progressed through the Israeli system before taking the next major step abroad.

His creativity, technical ability, and willingness to take responsibility in the final third have made him one of Europe’s most closely watched young Israeli players.

At just 22, he remains a work in progress, but his presence at Ajax provides another reminder that Israeli talent can compete for places at some of the world’s most prestigious clubs.

Daniel Peretz

Finally, Peretz has carved out his own path at the highest levels of European soccer. The Israeli goalkeeper joined Bayern Munich from Maccabi Tel Aviv in 2023, becoming part of one of the world’s most famous clubs.

Although opportunities were limited in Munich, Peretz’s determination ultimately paid off. After moving to Southampton on loan during the second half of the 2025/26 season, he established himself as the club’s No. 1 and made 26 appearances before completing a permanent move to England in June.

Peretz’s journey is significant because it shows that success is not always about arriving at the biggest club and immediately becoming a star. Sometimes it is about perseverance, finding the right opportunity, and proving yourself when that opportunity arrives.

His move to Southampton gives him a platform to continue developing while remaining an important figure for the Israeli national team.

What connects these five athletes is not simply that they are Jewish, Israeli, or playing professional sports. It is that each has reached a level where their performances are watched far beyond their immediate teams and leagues.

Avdija is making history in the NBA. Turner represented the United States at the World Cup. Hyman has become a powerful Jewish voice in the NHL. Gloukh is developing at Ajax. Peretz is establishing himself in English soccer, after gaining invaluable experience at Bayern Munich.

For a community that has historically been underrepresented in the upper reaches of professional sports, their collective presence matters.

They demonstrate excellence in different ways, come from different backgrounds, and have different relationships with their Jewish identities. Yet each, knowingly or not, contributes to a larger story: Jews and Israelis belong in the world’s biggest sporting arenas – not as a novelty, but as competitors, stars, and leaders.

Perhaps that is their greatest impact of all. They are showing the next generation that there is no ceiling on what Jewish and Israeli athletes can achieve – and making excellence, visibility, and pride part of the expectation rather than the exception.

No. 49: Anat Vidor, Nitsana Darshan-Leitner and Joseph Gitler >>

The 50 Most Influential Jews 2026 Full List

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Russell Robinson 

On 6 hectares (16 acres) in Beersheba, there is a construction site that will have cost $350 million by the time it opens. It is called the World Zionist Village, and it exists because Russell Robinson decided the Negev should be where young Jews from around the world come to learn what Zionism is, rather than somewhere they drive past on the way to Eilat.

Robinson has been CEO of Jewish National Fund-USA since the 1990s, which makes him the longest-serving chief executive of any major American Zionist organization. Under him, JNF-USA stopped being the blue box on the kitchen counter and became the leading provider of Zionist engagement programming in the United States: JNFuture for donors in their 20s and 30s, the Alexander Muss High School in Israel and its more than 32,000 alumni, and the reservoirs, medical infrastructure, and housing that turned the Negev and the Galilee into places people actually move to.

It also made the organization one of the highest-rated charities in America, which for a Zionist body operating under permanent scrutiny is not a minor achievement.

After October 7, JNF-USA did not have to build anything to respond. It was already there, with the infrastructure and the people on the ground. That is the difference between an organization that raises money for Israel and one that has been standing in the room for a century.

Bruce Leboff

At a defining moment for Israel and the Jewish world, Bruce Leboff has emerged as a leading figure in mobilizing Jewish communities and friends of Israel around the world in support of the Jewish state.

Bruce Leboff (credit: Ascendant Wealth Partners)

Since being elected chairman of the World Board of Trustees of Keren Hayesod – United Israel Appeal in November 2024, Leboff has helped lead one of the most significant philanthropic mobilizations in the organization’s history. Representing communities across more than 40 countries outside the United States, Keren Hayesod is a central bridge between Israel and the Jewish world.

Leboff has played a leading role in representing the organization’s global network of donors and communities as its focus shifted from the emergency response following October 7 to the long-term challenge of rebuilding and strengthening Israel. Since 2023, Keren Hayesod will have raised more than NIS 2.5 billion, more than 20% above its annual fundraising average in the preceding years. Funds have supported war-affected communities, victims of terror, hospitals, rehabilitation, resilience, aliyah, and other national priorities, with growing emphasis on rebuilding Israel’s north.

For Leboff, the challenge is now to transform the extraordinary Jewish and Zionist awakening following October 7 into a lasting commitment to Israel and the Jewish people.

A Canadian Jewish leader, Leboff brings together decades of experience in finance and communal leadership. He is a founding leader of Ascendant Wealth Partners of RBC Dominion Securities based in Toronto, and has spent more than three decades advising high-net-worth families. He has also devoted over two decades to Jewish communal leadership, including serving as chair of UJA Federation of Greater Toronto.

Leboff is married to Lianne, and they have three daughters: Danielle, Rachel, and Stephi. His combination of financial expertise, global communal leadership, and deep commitment to Israel has placed him at the center of a pivotal moment for Jewish philanthropy.

Elliot Brandt and Bernard Kaminetsky

A man drove to a strip of office space in Plantation, Florida, with an AR-style rifle and ammunition in the car. He had found the address on Google Maps. AIPAC had already moved out of that office, but he did not know that, and the FBI stopped him before he found out. He was charged federally with stalking. AIPAC’s public response was one sentence about not being deterred by extremists.

That is the job now.

Elliot Brandt runs AIPAC’s professional staff. Dr. Bernie Kaminetsky, a New York-born physician who co-founded the largest membership-based primary care network in the country, is its president and leads a board chaired by Michael Tuchin. Between them, they run the oldest and most consequential pro-Israel organization in the United States, at the hardest moment it has ever faced.

Brandt was not brought in from outside to fix anything. He started in AIPAC’s Pacific Northwest office, took over the western states in 2002, built coalitions across more than 100 congressional districts, and served as vice CEO before the board handed him the top job. Fundraising roughly doubled along the way. He knows where every relationship in that building came from, because he built a good number of them.

What he inherited is an organization getting squeezed from both directions at once. In this year’s Democratic primaries, turning down AIPAC’s support became something candidates announced on purpose, and not only on the far left of the party. From the other direction, an administration that agrees with AIPAC on nearly everything makes bipartisanship look, to its critics, like a costume.

They have held the line anyway. That is the entire argument for the organization’s existence. Support for Israel in America cannot belong to one party, because a cause that belongs to one party dies with it.

Holding that line has stopped being an abstraction. In November, AIPAC disclosed that intruders had spent months inside its systems and walked off with the personal information of hundreds of people. Staff now work under security arrangements that did not exist a few years ago. 

There may be no harder job in Jewish organizational life in America right now. There are very few people willing to say so out loud.

No. 47: Yair Golan and Gilad Kariv >>

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The 50 Most Influential Jews 2026 Full List

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Michael Dell

Michael Dell is the Jewish-American founder and CEO of the eponymous computing conglomerate Dell Technologies.

In 2026, Dell has been one of the year’s biggest gainers among the global ultra-wealthy, propelled by surging demand for Dell Technologies’ AI-optimized servers. 

On May 28, 2026, the company posted its best trading day ever – a roughly 36% stock jump that added $35.8 billion to Dell’s net worth in a single day, lifting him to about $245.9 billion and sixth among the world’s richest people, with the firm booking around $24.4 b. in AI orders in that quarter alone. 

His fortune has swung widely with the stock – ranging from roughly $135 b. early in the year to nearly $246 b. at its peak – but through mid-2026, he has consistently ranked among the world’s five-to-seven wealthiest individuals (estimated near $212 b. in mid-2026 by Bloomberg and Forbes), a sharp rise from the $113.5 b. cited in 2025.

Throughout Israel’s war in Gaza and after, Dell has continued to invest in Jewish communities through the Michael & Susan Dell Foundation, set up with his wife. Beyond immediate relief efforts, he has long supported educational programs, youth leadership initiatives, and technology-focused projects in Israel. 

US President Donald Trump thanks tech billionaire Michael Dell while making an announcement about ''Trump accounts'' in the Roosevelt Room at the White House on December 02, 2025 in Washington, DC.  (credit: CHIP SOMODEVILLA/GETTY IMAGES)

In 2026, that work has continued through the foundation’s Israel portfolio, including new tech-career pathways for Israel’s haredi (ultra-Orthodox) community, backing for a national plan to turn around 150 underachieving schools serving 25,000 students, and zero-interest recovery loans for the families of military reservists.

More broadly, in late 2025, Michael and Susan Dell donated $6.25 b. to “Trump Accounts,” a federal savings initiative for children, one of the largest single philanthropic commitments of the period.

Amnon Shashua

Few figures embody AI’s leap from science fiction to daily life like Israel’s Amnon Shashua. 

The Hebrew University of Jerusalem professor-turned-entrepreneur co-founded Mobileye, the Jerusalem company whose computer-vision systems let cars detect pedestrians, read road signs, and steer to avoid accidents. Intel’s $15.3 billion acquisition in 2017 was a national milestone; Mobileye returned to Wall Street in 2022.

In July 2026, after nearly three decades, Shashua announced he would step down as Mobileye’s CEO once a successor is found, remaining on the board. The news sent the share price sharply lower – proof of how bound the company remains to its founder. He is steering Mobileye into “physical AI,” including a roughly $900 million move for humanoid-robot startup Mentee Robotics and a Volkswagen robotaxi partnership.

DoubleAI, founded in 2024 with Prof. Shai Shalev-Shwartz, pursues “Artificial Expert Intelligence” – its aim is systems that reason well enough to eventually match human experts in fields like science and engineering. Its first model, WarpSpeed, rewrote GPU code that outperformed most hand-written equivalents. The venture has raised hundreds of millions at a valuation above $1 b.

Not every bet has paid off: OrCam, his assistive-tech venture, has shed much of its value, and his One Zero bank remains unprofitable. Yet honors keep pace – the 2023 Israel Prize, the 2025 TIME100 AI list, and the 2026 election to the US National Academy of Engineering.

As Israel cultivates its AI ecosystem, Shashua’s pursuit of the next breakthrough continues to resonate.

Safra Catz

For a quarter-century, she was the steady hand at Oracle – the disciplined executor who turned a legacy software house into one of the defining players of the AI age. This past year, Safra Catz reached the summit and then stepped aside.

Under her leadership, Oracle’s remaining performance obligations – the pipeline of future revenue – surged 359% to a record $455 billion, powered by cloud contracts with a “who’s who of AI,” including OpenAI, xAI, Meta, and Nvidia. The company’s stock posted its best single-day gain since 1992, briefly carrying Oracle toward a trillion-dollar valuation and cementing Catz’s reputation as the financial architect behind its transformation.

Then, in Sept. 2025, she made her most consequential move. After more than 25 years in Oracle’s executive ranks, Catz ceded the CEO role to a dual-leadership structure and transitioned to Executive Vice Chair, remaining close to founder Larry Ellison as the company pressed deeper into “sovereign AI” and global data-center expansion.

Born in Holon to a Holocaust survivor mother, Catz has long stood as one of the most powerful Jewish women in global business. In a year defined by both triumph and transition, she proved that lasting influence is measured not only by the empire one builds, but by the confidence to hand it on.

Jan Koum

Among the Jewish billionaires whose wealth and influence have shaped Jewish life and Israel in recent years, few move as quietly – or give as consequentially – as Jan Koum.

The Ukrainian-born American is best known as the brains behind WhatsApp, one of Israel’s and the world’s most popular messaging apps. His story is a classic immigrant arc: he arrived in the United States as a teenager, grew up on government assistance in Mountain View, California, and swept the floors of a local grocery store for extra money before co-founding WhatsApp with Brian Acton in 2009. 

Facebook’s roughly $22 billion acquisition of the company in 2014 turned him into one of tech’s wealthiest figures. He stepped down from Facebook’s board in 2018, and Forbes has since pegged his fortune at around $17 b., though estimates vary widely.

Where some billionaires court the spotlight, Koum has built his philanthropy behind it. He directs his giving largely through the Koum Family Foundation, and has been linked in reporting to a newer multi-billion-dollar charitable fund and to his investment firm, Newlands. Across these vehicles, he has supported Jewish education, community centers, and cultural preservation, with a particular focus on Jerusalem.

In 2026, the Koum Family Foundation committed a reported $200 m. to Jerusalem’s Shaare Zedek Medical Center to fund a new hospital tower and housing for medical staff – among the largest philanthropic gifts to an Israeli hospital in recent memory. He has also backed organizations that foster Jewish identity in the city.

Despite maintaining a low public profile, Koum’s impact continues to resonate widely across Jewish communities worldwide – proof that influence need not be loud to be lasting.

Brandon Korff

Brandon Korff, 40, is a Jewish-American billionaire and the heir to the Paramount empire, best known for orchestrating the roughly $35 billion sale of the business to David Ellison’s Skydance. He is the son of Shari Redstone and grandson of the late media mogul Sumner Redstone, from whom the family inherited control of Paramount. 

Until the sale, Korff sat on the board of National Amusements, the Redstone family’s private holding company that controlled the media giant and its marquee brands, including CBS, MTV, Nickelodeon, and franchises such as Star Trek and Mission: Impossible.

Korff’s connection to Israel is well-established. He has made substantial charitable donations to various Israeli causes over the years – including the IDF, medical institutions, and local community projects – and reportedly expanded that support through 2025 while spending significantly more time in the country. His brother served as a lone soldier in an elite IDF unit. Korff was previously in a relationship with Israeli model Yael Shelbia.

At the end of August 2025, Korff filed an application for Israeli residency, a move officials framed as a gesture of solidarity amid global boycotts and rising hostility toward Israel. As of mid-2026, no major outlet has confirmed that the application was formally approved, though pro-Israel social media accounts have circulated claims that he obtained citizenship.

Dmitry and Igor Bukhman

Two brothers from a provincial Russian city now sit atop one of the world’s largest mobile-gaming empires. 

Igor and Dmitry Bukhman grew up in Vologda, sharing a bedroom and a single computer as they taught themselves to program. While studying applied mathematics, they released their first game around 2001 – priced at $15, earning about $60 in its opening month – and founded Playrix in 2004.

Today, Playrix is one of the world’s largest mobile-game developers, generating billions through blockbuster titles like Homescapes, Township, and Fishdom, with well over 100 million monthly players. It reported roughly $2.6 billion in revenue in 2024 and is headquartered in Dublin.

The brothers rank among the world’s wealthiest self-made entrepreneurs, with Forbes valuing Dmitry at around $13.6 b. as of early 2026. When Russia invaded Ukraine in 2022, Playrix closed its offices in Russia and Belarus – a decisive break with their homeland.

Now Russian-born British-Israeli citizens based in London, they have channeled part of their wealth into Rix Capital, a family fund seeded with billions. Quietly influential and rarely in the spotlight, the Bukhmans wield financial power reaching well beyond gaming.

No. 45: Ben Shapiro, Mark Levin, Dan Senor, and Jake Tapper >>

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The 50 Most Influential Jews 2026 Full List

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Northern Command officers have warned that remaining in a static posture in Lebanon over time could prove dangerous for the IDF and exact a deadly price, even after a complex engineering operation on the Ali Taher Ridge ended with the destruction of terrorist infrastructure and the killing of dozens of terrorists.

According to the officers, surveillance and intelligence already show that the enemy is studying the IDF’s activity, drawing lessons, and trying to operate guerrilla cells under the radar.

At this stage, the IDF has defined a “kill zone” separating territory under Israeli control from territory controlled by Hezbollah. Northern Command chief Maj.-Gen. Rafi Milo has defined the policy clearly: Anyone who enters the zone will be killed.

To enforce this, the IDF has been working in recent weeks to tighten cooperation between ground troops, the Israel Air Force, and Military Intelligence in order to improve the speed and accuracy with which targets are identified and struck.

That coordination is producing results on the ground, but the major question being raised in Northern Command is how long the current situation can be sustained, and what will happen once winter arrives with the severe weather typical of the region, which directly affects the capabilities of both ground troops and aircraft. “The Lebanese mud” is a broad term for a problem that is expected to develop soon.

The IDF released footage of Hezbollah terrorists inside tunnels under Beaufort, southern Lebanon, published June 7, 2026. (credit: IDF SPOKESPERSON'S UNIT)

Hezbollah will eventually mount a significant response to IDF presence

Northern Command officers are warning that Hezbollah will not remain indefinitely in a state of total restraint without mounting a significant response. According to assessments, the organization’s senior leadership is closely awaiting developments in the Iranian arena, with everything dependent on Tehran.

At the same time, there is broad agreement within the defense establishment that this is no longer the Hezbollah that Israel knew at the beginning of the war nearly three years ago.

The organization is operating without the strong, and experienced senior leadership it once had, although Sheikh Naim Qassem, who initially appeared to be a lame-duck leader, has managed to balance the organization’s various branches.
Hezbollah also no longer enjoys the enormous budget it once received with Iranian backing, nor does it possess the vast weapons arsenal, underground fortified positions, and veteran field commanders who knew every path along the northern border.

There is discontent among Hezbollah personnel over the organization’s approach toward the IDF, while it also faces a major challenge in paying salaries, pensions to retirees, support for the families of “martyrs,” and assistance to wounded members and dependent families.

Nevertheless, the radical Shi’ite organization must not be underestimated. According to the officers, Hezbollah is already building strength and preparing for the next stage, including through increased use of unmanned aerial vehicles and fiber-optic drones, which have proven effective in recent confrontations.

Can the IDF maintain a presence in Lebanon?

This comes against the backdrop of Hezbollah’s concern that Israel’s next steps could be directed toward Nabatieh, which is described as Hezbollah’s Jerusalem, a “Shi’ite stronghold” where the IDF is currently limiting its activity to airstrikes in the area.

At this stage, it remains unclear whether, given the budget crisis, the IDF will have sufficient funds to prepare for winter across all arenas, with conditions in Lebanon expected to be particularly complex.

It is also unclear, given the strain on regular-service troops, whether IDF divisions are training for a renewed large-scale war and whether they have operational plans ready to be implemented at any moment. The convergence of these sensitive pressure points could become a significant disadvantage in any future confrontation.

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The US Space Force has “on-orbit space control weapons” capable of defending American forces from hostile action, Air Force Secretary Troy Meink publicly revealed Monday at the Pentagon in the United States’ most explicit acknowledgment to date that it has deployed military weapons in space.

“Today, we continue to ensure we remain ready to meet the challenge of evolving threats wherever they exist,” Meink said during the opening keynote address at the Air & Space Forces Association’s Air, Space & Cyber Conference in National Harbor, Maryland.

“This is why the Space Force now has on-orbit space control weapons capable of defending the joint force against hostile adversary action.”

The disclosure comes as Washington has increasingly spoken publicly about the prospect of conflict in orbit and the need to protect US satellites against potential adversaries. China and Russia have developed and demonstrated technologies that US and allied officials say could threaten satellites and other space infrastructure.

Meink made clear that the wording of his announcement was deliberate. Asked about the reference during a question-and-answer session after his speech, he said the phrasing was “very well thought out.”

A SpaceX Falcon Heavy rocket lifts off carrying NASA's Nancy Grace Roman Space Telescope at the Kennedy Space Center in Cape Canaveral, Florida, U.S., August 30, 2026. (credit: REUTERS/JOE SKIPPER)

“It is critically important that we maintain our dominance, not only in the air but in space,” he said. “So, we’ve had to take steps to make sure that when we’re threatened, we can take care of that.”

Pentagon keeping exact details of weapons classified

Meink declined to say whether the weapons were kinetic, meaning systems designed to physically damage or destroy a target, or non-kinetic systems such as electronic warfare capabilities.

He said greater public acknowledgment of US capabilities could strengthen deterrence, but argued that revealing technical details could undermine that objective.

“We’re not going to talk about the specifics of what we’re doing, whether we’ve tested, not tested, or anything else,” Meink said. “I would just say that the space environment is critical for military and economic security, and we need to make sure that the US can operate freely there.”

The US has increasingly shifted toward openly treating space as a potential combat domain, as US President Donald Trump signed an executive order in December 2025 on American space superiority, which instructed US agencies to improve their ability to detect, characterize, and counter threats to American interests in space.

The order also called for demonstrations of missile-defense technologies connected to Trump’s Golden Dome program, part of Washington’s broader effort to build a multilayered shield against ballistic, hypersonic, and other missile threats. The administration’s space policy has included a push to defend US interests against threats in space.

Meink highlighted two Space Force programs connected to Golden Dome: the Space-Based Interceptor program and the Space-Based Air-Moving Target Indication constellation.

The interceptor program is intended to eventually place weapons in space capable of destroying missile threats. The Pentagon has been examining several concepts for space-based missile interceptors as part of the Golden Dome architecture.

Meink said the Space-Based Interceptor program had advanced from an “initial contract to flight-ready hardware” in less than a year.

The Space Force is using a phased competition to assess whether such interceptors can be produced affordably and at sufficient scale, with an initial operational capability potentially fielded by 2028.

Golden Dome director Gen. Michael Guetlein said in August that contractors had completed the first phase, known as Gate One, which focused on design work and component testing. Contractors moving through subsequent phases are expected to build prototypes, demonstrate that the systems function in space, and ultimately show that they can be integrated into the broader Golden Dome architecture.

Golden Dome has become one of the Pentagon’s most ambitious missile-defense projects, combining ground, sea, and space-based elements. Israel Aerospace Industries has previously expressed interest in participating in the project, citing its experience developing the Arrow missile-defense family jointly with the United States. Israel Aerospace Industries has sought a role in Golden Dome

SpaceX satellites due to begin launching

The Space Force is also developing its Space-Based Air-Moving Target Indication, or AMTI, constellation with the National Reconnaissance Office.

The program is designed to move some of the military’s aircraft-tracking mission into space, reducing reliance on airborne platforms vulnerable to enemy air defenses.

SpaceX received a $4.2 billion contract in May to begin building the constellation, according to Air & Space Forces Magazine. Meink said the first satellites are scheduled to launch in September, although the Space Force has not disclosed how many spacecraft will be included in the initial launch or the eventual size of the constellation.

“Taken together, these investments will help us adapt and scale the force for today and tomorrow’s threats,” Meink said.

The central disclosure and quotes are verified against the September 14 report, and I kept the distinction between confirmed weapons in orbit and the still-undisclosed question of whether they are kinetic or non-kinetic.

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The Nazareth District Court on Tuesday sentenced Denis Mukin to 22 years in prison for murdering 19-year-old Diar Omari during a roadside confrontation near Gan Ner in May 2023.

The court also ordered Mukin to pay NIS 258,000 to Omari’s estate, disqualified him from holding a driver’s license for three years, and confiscated the Glock pistol used in the shooting. His prison sentence will be counted from his arrest on May 6, 2023.

Mukin was convicted in December of murder with indifference, meaning the court found that he knowingly disregarded the possibility that his actions would kill Omari. A majority of the three-judge panel found that the prosecution had not proved beyond a reasonable doubt that Mukin intended to kill him.

Judge Osaila Abu-Assad dissented from that part of the verdict, saying that Mukin should have been convicted of intentional murder. The panel was unanimous in imposing Tuesday’s sentence.

According to the court’s findings, Mukin was driving while disqualified and under the influence of alcohol and cannabis when he encountered Omari on a road leading toward Gan Ner on May 6, 2023. The two did not know each other.

A weapon found during an Israel Police raid, September, 2026. (credit: ISRAEL POLICE)

Mukin became angry at the way Omari was driving and tried unsuccessfully to overtake him. After an exchange between the two drivers, Mukin stopped his car, got out, held his pistol, and fired several rounds into the air.

Mukin fired two shots which hit Omari, one of which caused his death 

A physical struggle followed, during which Mukin fired two shots that struck Omari. One entered his chest, passed through his heart and lungs, and caused his death. 

Omari got up and moved back toward his car after being shot. Mukin then stood and fired three more rounds toward his back, none of which struck him. 

After Omari collapsed, Mukin crossed the road, looked at him, and left without providing assistance or calling emergency services, the court found.

Mukin later returned to the scene with his sister after asking her to tell police that she had been driving. The court found that he did so to conceal that he had driven while intoxicated and while his license was disqualified. His sister initially gave police that account but retracted it shortly afterward.

Mukin was also convicted of driving while disqualified, two counts of driving while intoxicated, inducing another person to obstruct an investigation and intentionally damaging a vehicle.

Prosecutors asked the court to sentence Mukin to life imprisonment, arguing that the killing arose from a trivial road dispute and demonstrated the ease with which he resorted to a firearm. They proposed a sentencing range of 26 years to life and pointed in particular to the additional shots fired at Omari after he had already been wounded.

The defense proposed a range of 14 to 18 years and argued that the circumstances came close to self-defense, although Mukin had not relied on self-defense during the trial itself.

Court rejects self-defense argument

The court rejected that argument, finding that Mukin initiated the confrontation by leaving his vehicle with a pistol and firing into the air. It set the appropriate sentencing range at 20 to 25 years.

In selecting a 22-year term, the judges considered that Mukin had no previous criminal convictions and had already spent more than three years in detention. They weighed those factors against his failure to accept responsibility for the offenses, his traffic record and risk factors identified in a probation report.

The court also imposed suspended prison terms and recommended that the Israel Prison Service consider placing Mukin in a treatment program.

Mukin may appeal the conviction or sentence to the Supreme Court within 45 days.

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Israel and the West are facing cruel enemies, Iran and Islamist terrorism, to begin with. The concept of “narrative” is just as dangerous.

Narrative has taken the place of facts and truth in discussions of world events. That’s why seemingly intelligent people can parade around in keffiyehs and espouse causes that are the opposite of what they believe, like “Queers for Palestine.”

The Western narrative dictates that Israel is a colonialist occupier, Palestinians are helpless victims, and the Israel-Palestinian conflict is the only one that matters, because all-powerful, diabolical Jews are responsible for this and everything else that’s wrong with the world.

As a result of widespread acceptance of this narrative, aided by Israeli government missteps, Israel has lost much of its support in the Western world. That’s how dangerous it is.

A protester climbs a traffic light pole during a pro-Palestine demonstration outside Downing Street in London, Britain, June 12, 2021. (credit: REUTERS/HENRY NICHOLLS)

Facts ignored in favor of narrative

Here are some well-documented facts that are irrelevant today because they don’t fit the narrative:

• There is not, and never has been, an Israeli-led genocide in Gaza.

• There has never been mass starvation in Gaza.

• Homosexuality is illegal and immoral in much of the Arab world, and in Gaza, gay people have been thrown from apartment-building roofs.

• Israel has facilitated the shipment of enough food into Gaza to satisfy the requirements of everyone there, an otherwise unheard-of humanitarian gesture during an active war.

• The ratio of combatant deaths to civilian deaths during three years of war in Gaza is remarkably close to 1:1, in contrast to, say, the US-led wars in Iraq and Afghanistan, where it was about eight civilian deaths per combatant death.

We could go on and on, but time, space, and attention spans are limited these days. That won’t stop me from reminiscing, though.

When I started my career in journalism back in the middle of last century, the goal of the profession was to find the facts, write about them, and explain them. It didn’t matter which way the facts pointed or who was helped or harmed. The facts dictated the rest of the story.

Old grouch that I am, I still follow that set of rules. A friend who has been reading my articles for years once observed, “I can’t tell whether you’re right or left.” I suppose he was expecting me to clear that up. Instead, I said, “Thank you.”

Such attempts at objectivity are mostly gone. Now you start with the narrative you believe in and gather up all the facts that support it, even if the “facts” aren’t facts at all. The narrative rules. That’s why the list of actual facts above is irrelevant.

Once-proud news outlets pander to their niche audiences, openly “advocating” for the chosen narrative. Politicians have been doing that forever, but now it has become extreme.

Harris’s pandering to Iranian student symbol of narrative acceptance 

Who can forget how a candidate for US president handled an Iranian exchange student who accused Israel of “ethnic genocide”?

The candidate should have rejected the Iranian’s charges as lies and noted what would happen to an American who criticized an Iranian official in Iran.

“You are a guest in my country,” she should have said. “Just go back home and try that.”

But she didn’t. In full pandering mode, she waffled, “Your voice, your perspective, your experience, your truth cannot be suppressed, and it must be heard.”

“Your truth” means narrative, not truth. There’s an old joke that goes, “My mind is made up, don’t confuse me with facts.” Now it’s no joke, it’s reality.

So there’s little point in spending your days replying to posts on what I call “antisocial media,” providing facts to counter the obvious, odious fabrications that flood the screen. Reality’s goalposts just aren’t where they used to be.

Back in the old days, most people listened to experienced professionals and experts. Today, they turn to “influencers.”

And how do you become an influencer? A university degree? Decades of experience in your field? Uh, no. You become an influencer simply by making yourself popular, by any means necessary.

Professional tennis players complained that influencers disrupted a top international tournament by making noise and flashing lights while trying to get themselves photographed, rather than watching the matches. An 8-year-old can become an influencer if her parents, agents, or whoever can get her video clips to go “viral.” Remember when the term “viral” was associated with danger? Turns out it still is, in a different context.

All this is linked directly to antisocial media. It allows, even encourages, people to latch onto a narrative and then build a closed circle of like-minded, or unhinged, followers. It leads to exchanges like this:

“I am a certified immunologist with a Ph.D. and 25 years of experience in treating people with infectious diseases, along with extensive research and published papers in the field, and it’s clear that the COVID and flu vaccines are beneficial and effective.”

Reply by random reader: “Bullsh*t.”

So this is the place where I push my long, white beard off the keyboard and pine for a return to the good ol’ days, adding, while I’m at it, “Get off my lawn.”

But no. It’s a new world, and the old one isn’t coming back. Instead of chasing the kids off our lawn, we need to learn how they do what they do, and do it better.

Despite the narrative that Jews control everything with their unlimited resources and devilish practices, the fact is that Israel and the Jews of the world are vastly outnumbered and outspent by the forces promoting the current narrative.

I’ve written here about Qatar and its multibillion-dollar campaign to influence opinion in the US. It’s likely that a generation is lost, but it’s time to start working on the next one.

Narratives that may counter current slander

That means constructing multiple narratives to counter the current slander. Here are some options:

• The story of Oded Lifshitz, who lived in a village next to Gaza and drove Gazans from the border to Israeli hospitals as a pro-peace volunteer. He was 84 when Palestinian terrorists kidnapped him from his home on Oct. 7, 2023, and dragged him to Gaza, where he died.

• Just in the past year, Israeli researchers have come up with promising possible cures for several forms of cancer.

• Israel is often among the first to respond with a rescue team when there’s a natural disaster anywhere in the world, even helping nations that do not have diplomatic relations with Israel.

That’s a start. How do we turn those into narratives? That’s above, or below, my pay grade.

First, we need the decision to do it, instead of wasting all our time and money providing facts to counter the lies. Whether we like it or not, this is a post-fact era.

Even so, what’s the difference between Israel’s potential narratives and the current crop of pro-Islamist ones?

Israel’s are true.

Mark Lavie has been covering the Middle East for major news outlets since 1972. His second book, Why Are We Still Afraid?, which follows his five-decade career and comes to a surprising conclusion, is available on Amazon.

This post was originally published on here. 

Spaceflight is a risky business. Keeping astronauts healthy, especially their hearts, has driven Benjamin Levine’s career as a top consulting cardiologist to NASA. Now that a Mars mission is on the horizon, his most recent research continues to test how well exercise maintains the heart’s structure and function during prolonged spaceflight.  

In their paper published Tuesday in Circulation, an international team reports results from 13 astronauts who performed onboard echocardiograms during their six months in space. That imaging showed mild but transient changes in the heart when moving from Earth gravity to microgravity, revealing how long-duration spaceflight affects cardiac size and function, and what happens when landing on Earth and in simulations of Martian gravity. 

Read the rest…

This post was originally published here. 

Stress in the U.S. private credit market persisted last month as the default rate reached an all-time high, Fitch Ratings said in a new report on Sept. 14.
The industry’s challenges had spooked Wall Street earlier this year, but faded into the background as investors wrestled with the war in Iran and renewed inflation fears.
But private credit woes linger, with August’s default rate rising to a record 6.3 percent, from 6.1 percent in July, the credit rating agency reported.
Watching about 1,500 private credit issuers, Fitch registered 14 default events, the highest monthly total in the trailing 12 months ending in August 2026. It identified three serial defaulters—issuers that have defaulted multiple times—and 11 unique defaulters….

This post was originally published here. 

“It’s not cost-cutting,” Bill Winters, the chief executive of Standard Chartered, insisted during a recent panel discussion. “It’s replacing lower-value human capital with the financial capital and the investment capital we’re putting in.” 

The words created a flurry of protests—“replacing lower value human capital” hitting a nerve for those nervous about an approaching AI “jobs apocalypse”. Winters was obliged to apologize, pointing out that Standard Chartered was investing heavily in retraining teams. 

How company leaders respond to the AI wave–and take their colleagues with them—is one of the most important issues for C-Suite leaders as they contemplate the year ahead. At Fortune’s CEO Forum this week on September 16, AI, workforce planning and return on investment will be a centerpiece debate. And that’s before any discussion on the fact that AI might kill us all in any case. 

“It’s fundamentally changing the way we work and our timescales and getting products to market quickly,” Kate Dohaney, the CEO of the U.K. mobile network, Giffgaff, part of the Virgin Media Group, tells me. “The question is not necessarily how do we bring down our human capital, but how do we train our people to do more, strategically, across the business? I’m not a CEO sitting back saying cut, cut, cut. 

“I’m not saying we don’t become more efficient as a business. But just like with any revolution that has happened in the history of humankind, we have to understand what are the next generation of skill sets? And I’m trying to get ahead of that and bring people on the journey and keep them excited and keep them curious as we navigate.” 

Dohaney is in a competitive market, not just with other mobile providers but with new entrants as well. Octopus (energy) and Revolut (banking) are both looking at offering mobile products as mass-to-consumer brands push towards “super-apps” which offer multiple services. Nubank, a U.S. neo-bank, now provides the NuCel mobile network in Brazil. 

“The question is not necessarily how do we bring down our human capital, but how do we train our people to do more strategically, across the business?”

Kate Dohaney, CEO of Giffgaff

“There’s a massive opportunity for telcos to get ahead and think about revenue diversification,” Dohaney says. “We have all these competitors getting into telco. We see Revolut, we see Monzo, we see Klarna. That does allow telcos to sit back and say: I can get a lot more creative, I already have this massive, amazing foundation with this great brand.” 

Earlier this year, I interviewed Erik Severinson, the Chief Commercial Officer at Volvo Cars, who spoke about brands needing to stand out in a world of noise. In a stadium full of white t-shirts, how does a company make sure it’s the red t-shirt that people notice? 

Dohaney has focused the Giffgaff brand on low cost and sustainability. It is a certified B-Corp, supports a number of charities, and three-quarters of the phones it sells are refurbished. “Giffgaff” is a saying in Scotland meaning “mutual giving”. 

“So how can we outmaneuver and capitalize?” Dohaney says about the new entrants in the mobile market. “We’re experimenting in fintech. Our strategy is focused on ‘fair play’, giving the next generation fair access and a leg up in life. So how do we enable new and different capital risk assessors for a young person who’s entering the workforce and having trouble finding a job, or wants to start their own business and has no idea where to start?” 

Service wars are coming–the mobile phone company that’s a financial trading and advice platform; the neo-bank that does telco; the table booking app that can find you flights to your next holiday destination. Human capital will be the vital component in winning the battle for the future, with a good dollop of AI thrown in.  

For the latest coverage and updates from Fortune CEO Forum, as well as insights into the companies on our list, visit this page.

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

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An estimated 20,000 Israelis will visit Morocco by the end of 2026, supporting the local economy through the tourism industry, while Morocco is “really waiting for Israeli tourists,” Moroccan-Israeli tour guide Uri Attias told N12 News.

Direct flights from Tel Aviv to Marrakech, Morocco, resumed this summer. In August, Arkia operated the first direct Israeli flight to the popular Moroccan city since October 7, 2023. Three direct flights are now operating each week, run by Israeli airlines.

The current scope of Israeli tourism in Morocco is relatively low, in part due to the limited number of flights; however, initial demand indicates that Israeli tourism could return to pre-war levels, when approximately 100,000 Israelis visited Morocco each year.

Attias, a Morocco tour guide with Eco Outdoor Tours at the Issta Sport Group, told N12 that the resumption of direct flights was personal for him. He was born to Moroccan parents, spoke Moroccan Arabic, and has led tours in Morocco for over 30 years.

“I guide in many destinations around the world, but Morocco is my favorite. It is much more than a trip. It is the people, the smells, the flavors, and the atmosphere, which have no equivalent anywhere in the world.”

Airbus A321 aircraft, Arkia. (credit: PR)

“When I take a group with me, from my perspective, they are not really going on a trip with me; they are guests in my home. We do not see Morocco from above, we go inside. We visit families, schools and villages, eat in the homes of people I personally know, sit down for a couscous or tagine meal and drink Moroccan tea at the table where the family itself eats.”

Moroccan businesses want Israeli tourism to restart

But Attias doesn’t think the desire to return to Morocco is one-sided. He told N12 that the Moroccan tourism industry had adapted to Israeli visitors in the years leading up to the war, explaining that the closure of direct flights between the two countries dealt many business owners a tough blow. 

“There are many businesses in Morocco that are really waiting for Israeli tourists. It is their source of oxygen. Companies organized jeep tours for Israelis two or three times a month, and suddenly it was cut off. I do not think their attitude toward Israelis has changed. They are waiting for the organized groups to return.”

Attias is returning to Morocco with an Eco group in April, more than three years after his last visit.

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At 5 a.m. on Thursday, September 10, 2026, Ali Al-Ahdal, a fisherman in his sixties from the Al-Amoudi neighborhood of Mocha, woke to the sound of successive explosions and gunfire. Within hours, government forces and the National Resistance had withdrawn south toward Dhubab District, while vehicles carrying fighters from Ansar Allah (the Houthis) poured into the city center. 

“I woke up to find that the city had fallen within hours, without any warning or prior indication. They gave us no chance to flee. The exits were immediately sealed off, and the sea, which had been the lifeline of our lives, became an open combat zone,” Al-Ahdal said.

What happened in Mocha that morning was not an isolated incident in a protracted war. It marked the starting point of a broader shift: Yemen’s transition from a “civil conflict with regional repercussions” into a direct front in the wider confrontation between Tehran and Washington, which has been raging since February 28, 2026, when the United States and Israel launched strikes on Iranian targets.

Mocha latest step in Houthis escalation

The fall of Mocha was not a collapse. It was the latest stage in an escalation that began weeks earlier. On August 9, the Houthis opened a direct front against Mocha itself, shelling the city and its port with more than 25 missiles over several consecutive days, while the government reinforced its positions with units from various brigades.Men gesture in a screen grab from a video released September 11, 2026 and said to show Khaled bin Walid camp after Houthis captured the city of Mocha in Taiz Province. (credit: Al-Masirah TV/Handout via REUTERS)

On September 3, the Houthis launched a broader military operation reaching the war fronts west of Taiz, as well as Hays district in Hodeidah. The Houthis later announced that they had taken control of six districts in the two governorates, covering a total area of 5,400 square kilometers. The advance relied on a combination of ground offensives supported by missile and drone strikes targeting government forces and their equipment before infantry forces advanced, according to two military sources from both sides who spoke to The Media Line.

Events accelerated on Wednesday evening, September 9, when the Houthis made a breakthrough in Al-Wazi’iyah District in central Yemen, followed by their capture of Jabal al-Nar east of Mocha and then Khalid bin Al-Walid Camp, Yemen’s second-largest military base.

By Thursday evening, September 10, the last two districts in Hodeidah governorate still held by government forces had fallen: Hays district, after heavy fighting, and Khokha, which fell without resistance, giving the Houthis full control of the governorate. This was followed by withdrawals of government forces, leading to the capture of Hodeidah city and the islands opposite the Bab al-Mandab Strait. 

The speed with which Hays, Khokha, and Mocha fell, in less than 48 hours, raised widespread questions among Yemenis about possible defections and infiltration within government forces.

As armed fighters entered Mocha, most residents remained inside their homes amid an arrest campaign that affected many people, according to testimonies obtained by The Media Line. Those detained included activists, journalists, doctors, and humanitarian workers.

Jamil Mohammed, a resident of Mocha, told The Media Line that many people fled along the coastal road toward Aden Governorate and that the city and its residents were living in a state of intense fear after the Houthis took control of the city.

A Houthi field commander known by his nom de guerre, Abu Rajeh, told The Media Line that this operation was a “carefully devised strategic plan based on the element of surprise and comprehensive coordination between drone operations and ground advance.”

He added: “We wanted to strip the Forces of Aggression of their stronghold and secure Yemen’s sovereignty over its territorial waters in Bab al-Mandab.”

“Now Yemen has full sovereignty over the Bab al-Mandab Strait,” he said, and hailed the city’s return to the “national fold.”

Unprecedented firepower, missile strikes aided Houthi takeover, military officer says

On the other side, a military officer in the internationally recognized government’s forces who spoke to The Media Line on condition of anonymity explained the reasons for the massive setback.

“Our positions were subjected to unprecedented firepower and missile strikes. The decision to redeploy and withdraw toward Dhubab, and later to safe areas, was a tactical step to protect our forces and civilians from certain annihilation after the loss of air cover,” he said.

He stressed that the fighting was ongoing, adding: “Mocha, Bab al-Mandab and the neighboring districts remain the center of a military operation. The battle is not over yet.”

The West Coast did not fall because of insufficient military presence. From late August through the first week of September 2026, fighting spread horizontally from the West Coast northward and from Taiz in central Yemen eastward toward Marib, Al Jawf and Al Bayda, in one of the most intense waves of ground escalation since the 2022 truce.

The clashes resulted in a new map of territorial control across districts along the front lines. According to a medical source in the capital, Sanaa, the fighting had resulted in the deaths of more than 450 Houthi fighters.

According to Majed Al-Nuzaili, a spokesperson in the IRG’s armed forces: “the [IRG’s] stated objective of this simultaneous escalation was to restore state institutions and end the Houthi coup.”

Military analysts, however, believe that opening fronts in Al-Jawf and Al-Bayda was intended to disperse Houthi forces and ease pressure on the western coast by forcing them to fight in multiple directions simultaneously.

The UN envoy to Yemen warned that the expansion of the fighting in this manner “threatens to widen the scope of the conflict” and “will have serious consequences” for prospects of reaching a political settlement, calling on regional and international actors to contain the escalation.

As of Sunday, September 13, fighting along the West Coast had not subsided. The Yemeni army announced that it had carried out airstrikes targeting Houthi gatherings near Mocha port and the Dhubab area, while government forces launched a counteroffensive in western rural Taiz to retake some districts.

Bab al-Mandab becomes Iranian pressure point

What distinguishes this round from previous ones, however, is its regional context. Since the outbreak of the war between Iran and the United States and Israel in late February, Bab al-Mandab has become a direct Iranian pressure point on the global economy.

At the same time, disruptions in the Strait of Hormuz had already increased oil flows through Bab al-Mandab from around 5.4 million barrels per day in the fourth quarter of 2025 to approximately 8.1 million barrels per day in the second quarter of 2026, as Saudi Arabia redirected part of its exports away from Hormuz.

With the Houthis announcing a naval blockade of Saudi Arabia and carrying out attacks on vessels near the strait, as well as strikes against Saudi energy infrastructure, two major routes for global oil supplies were simultaneously placed at risk.

This prompted Riyadh to request US military intervention to strike Houthi positions, but the administration of President Donald Trump has so far rejected the request.

As an expected consequence of the escalation, the International Organization for Migration has recorded the displacement of around 76,000 people from Taiz and Hodeidah since September 3. The figure is likely to increase in the coming few days.

At the same time, Yemen’s Executive Unit for the Management of IDP Camps recorded the displacement of approximately 9,746 families from Taiz, Hodeidah and Lahj as of September 10, a measure expressed in households rather than individuals.

In Mocha and around Bab al-Mandab, none of these broader calculations appears to mean much to Ali Al-Ahdal. Sitting in his home, he watches columns of smoke rising above the port through gaps in his windows, summing up the plight of thousands of people along the coast in a single sentence:

“We have become fuel for a war that leaves nothing untouched. We do not want the armies’ conflicts or the international shipping routes. All we need is to live safely in our homes and return to fishing and the simple lives that were taken from us overnight.”

Between Iran and the United States, Riyadh and Sanaa, and the West Coast, Al Jawf, Marib and Al Bayda, Yemen’s geography remains an open arena for a multi-front conflict whose course is increasingly beyond the control of its inhabitants.

This post was originally published on here. 

The Education Ministry admitted during a High Court of Justice hearing on Monday that it does not have data on the number of children with allergies in Israel’s education system, the number of allergic reactions that have occurred in schools, or the number of evacuations carried out as a result.

The admission came during a hearing on a petition filed by attorney Gilad Bar Tal, legal adviser to the Yahal Association, against what the organization describes as an experiment conducted on children with allergies.

Under the program, the Education Ministry seeks to remove medical aides from first and second grade classrooms and replace them with support provided by school nurses. The pilot program, first reported by Walla, began at the start of the current school year in 10 schools.

The petition was filed following opposition from parents and the Yahal Association to the move. According to the association, despite the lack of available data, the Education Ministry continues to argue that the new model is appropriate and safe to implement.

During the hearing, Bar Tal presented the petitioners’ arguments, saying that key questions regarding the handling of allergic emergencies in real time remain unanswered. These include how school staff will respond when a child develops a reaction, how the nurse will be alerted, and how much time will pass before emergency treatment is provided.

‘THE FEAR of accidental contact with allergenic foods often leads to persistent anxiety and significantly affects the quality of life of both children and their families.’ (credit: RAMBAM HEALTH CARE CAMPUS)

The association also argued that the state has presented the pilot as a move accompanied by a professional research process, but that such research has not yet begun.

According to the petitioners, a tender is currently underway to select an academic body that will conduct the research at a later stage. The parents argued that this means the model was launched before a research framework was established that would allow its effectiveness and potential consequences to be measured.

Petitioners criticize Association of Allergologists 

The petitioners’ representatives also criticized the position of the Association of Allergologists during the hearing. The Yahal Association argued that the association’s position does not give sufficient consideration to the emotional and psychological effects of life-threatening allergies on young children, and that the safety of the model cannot be assessed solely based on cases of death or severe medical incidents.

“We do not live according to statistics; we deal with reality,” the association said following the hearing. “In addition to the fear of an attack that could cause irreversible damage, even a ‘mild’ reaction is still an allergic attack. The children’s sense of security is also important, and at the age of 6 and 7, the solution of a school nurse is simply bad. Our children deserve to be free to learn, with physical and mental health, just like everyone else.”

Association claims opposition not to school nurses but to the replacement of aides without data

The association stressed that its opposition is not to examining alternative models to medical aides, but rather to the way the move is being implemented.

“We are not against change, and we are not against examining other models instead of aides. We are against a unilateral move, without sufficient data, without clear reasoning, without measures that define success or failure, and above all, without an answer to the most important question: While the Education Ministry is conducting the experiment, are our children safe in the education system?”

They added: “You cannot conduct an experiment on the backs of our children and only afterward check whether it succeeded, without clear success and failure measures. Our children are not a budget line, and their lives are not an experiment.”

This post was originally published on here. 

A 19-year-old resident of Kafr Kassem was arrested on suspicion of advancing terrorist activity and planning to carry out an attack, the Shin Bet (Israel Security Agency) and the Israel Police stated on Tuesday.

The joint investigation found that Issa had been influenced by the October 7 massacre. According to the investigation, he subsequently began advancing a plan to carry out a terrorist attack.

When Issa was arrested, investigators found a large amount of training equipment and airsoft weapons in his possession. His interrogation further revealed that he had used his cellphone to search for combat manuals and had downloaded and saved guides dealing with the manufacture of explosive devices.

The aftermath of Hamas's terror attack on Kibbutz Holit during the October 7 massacre, pictured October 26, 2023. (credit: ERIK MARMOR/FLASH90)

Suspect learned how to create homemade explosives in preparation for terror attacks

According to the investigation’s findings, the suspect did not limit himself to searching for information. The Shin Bet and police allege that he attempted to manufacture explosive devices using various materials and also involved other people in those attempts.

Following his interrogations by the Shin Bet and the Sharon Central Unit, prosecutors submitted a declaration to the Central District Court ahead of filing an indictment against him.

This post was originally published on here. 

The benefits of AI are becoming more apparent, but a growing backlash is raising an urgent question: Are companies deploying systems that can mimic people, analyze private data, write code, and act online before their developers have demonstrated that those systems can be safely controlled? 

The concern has become difficult to dismiss because it is coming from within the industry. Dario Amodei, chief executive of Anthropic; Sam Altman, chief executive of OpenAI; and Demis Hassabis, who leads Google DeepMind, have all recently backed a slower approach to developing the most advanced models. Their warnings surround cyberattacks, biological misuse, autonomous weapons, mass surveillance, and systems that may cause harm faster than people can understand or stop it. 

Public anxiety has risen as generative AI has become more visible. In a June 2026 survey, Pew Research Center found that 52% of Americans were more concerned than excited about the growing use of AI in daily life. Only 9% were more excited than concerned. 

People increasingly encounter AI in software, search engines, schoolwork, and public services without knowing what data are collected, whether the system is accurate, or who is accountable when it fails. 

Frontier models: the potential for AI hackers

Amodei has made a clear call for restraint. In an essay published on Sept.12 entitled “We Must Pace the Frontier,” he wrote: “We must slow the pace at which we improve the capabilities of AI models.” 

CEO of Anthropic Dario Amodei, addresses the gathering at the AI Impact Summit, in New Delhi, India, February 19, 2026. (credit: REUTERS/Bhawika Chhabra)

He is focused on frontier models – the most powerful systems, which can increasingly handle multistep tasks, write and run code, search for information, and use online tools with limited supervision. The concern is that their capabilities may improve faster than researchers’ ability to ensure that they consistently do what people intend. 

An AI system can follow an instruction literally while pursuing it through an unexpected or harmful route. This becomes more dangerous when AI is not merely answering questions but also carrying out tasks. An agent designed to solve a technical problem could be used to probe networks for weaknesses, write malicious code, send realistic scams, or adapt an attack when it is blocked. 

Human hackers are constrained by time and expertise. A capable AI system could operate continuously, test multiple strategies simultaneously, and create tailored material at scale. The danger is that people give it a goal, cannot foresee how it will pursue that goal, and recognize the harm it causes too late. 

Altman publicly backed Amodei’s central argument. “I agree with Dario that we need to pace the frontier,” he wrote. Companies, in his view, should not release a more powerful model merely because they have built one. They should first establish whether it can be misused, evade safeguards, assist dangerous activity, or cause failures that cannot be detected and contained. 

Altman also endorsed external scrutiny: “Committing to having independent evaluators with employee-like access is a great idea, and we will do the same.”  

AI companies largely test their own systems and decide how much safety information to disclose. They also compete fiercely for users, investment, and influence. A firm that delays a launch may fear that a rival will go first. 

Can regulators verify AI safety tests?

In a post on X/Twitter, Hassabis said Amodei’s proposals pointed “towards the right path forward,” but cautioned that “the details need working through.”  

Who decides that a model is too powerful to release? What does a meaningful safety test look like? How can regulators verify companies’ claims? International competition makes these questions harder – governments regard advanced AI as a source of economic, scientific, and military power, and safety can easily yield to the pressure of the race. 

Cybersecurity is among the clearest near-term risks. AI can help criminals and hostile states find software vulnerabilities, write malware, and generate convincing phishing messages. It can tailor scams to an individual using information taken from social media or data leaks and reproduce the style of a bank, employer, or government office. Voice-cloning technology adds another danger – a call that seems to come from a relative, manager, or official may not be genuine. 

AI magnifies the speed and scale of attacks. Hospitals, electricity providers, transport systems, and banks could face assaults generated faster than human security teams can investigate them. 

A second concern is biological and chemical misuse. AI can help legitimate researchers search scientific literature, understand molecules, and design experiments. But the same capabilities could help someone organize dangerous information, identify experimental routes, or seek ways around safety restrictions. 

AI cannot manufacture a biological weapon. Laboratories, equipment, materials, scientific skills, and testing remain essential. But sophisticated systems could lower the information barrier for a determined person or group that already has access to real-world resources. The danger lies in sustained technical assistance to someone pursuing a dangerous objective. 

AI as a tool to identify, target threats in war

AI’s use in war poses an especially serious problem. Systems built to process information rapidly may move closer to decisions about whether people live or die. 

AI can analyze drone footage, satellite images, communications, and databases much more quickly than human analysts. This has the potential to help identify threats and prioritize intelligence. But critics warn that AI-assisted targeting can make lethal choices appear objective even when the data are incomplete, biased, or wrong. 

The issue is particularly relevant in the Middle East. Supporters say the technology helps manage vast quantities of intelligence. Critics and human-rights researchers argue that when human reviewers are expected to approve machine-generated recommendations rapidly, it could put civilians in unnecessary danger. 

Amodei has drawn a line against weapons that select and engage targets without meaningful human control. “Fully autonomous weapons … may prove critical for our national defense,” he wrote in Feb. 2026. “But today, frontier AI systems are simply not reliable enough to power fully autonomous weapons.” 

AI surveillance can reinforce discrimination instead of neutral judgement

He has also warned that “using these systems for mass domestic surveillance is incompatible with democratic values.” AI can combine information from cameras, phones, online behavior, purchases, and communications. Without strong legal limits, it could allow authorities to track political opponents, journalists, minority groups, and ordinary people at an unprecedented scale. 

AI can also reinforce discrimination while giving it the appearance of neutral, technical judgment. Systems trained on historical data can reproduce earlier bias in hiring, lending, welfare, policing, and healthcare. An algorithm may label someone high risk or unsuitable without disclosing the data or assumptions behind that judgment. This is why the European Union has prohibited some AI practices, including certain forms of biometric categorization. 

The danger is not only that AI makes mistakes, but that people may defer to erroneous conclusions because an AI recommendation can appear more objective than human judgment. This “automation bias” is especially dangerous in policing, medicine, welfare, immigration, and military decision-making, where a flawed recommendation can affect a person’s freedom, livelihood, or life. 

For many people, the most immediate danger is the erosion of trust in information. AI can generate realistic articles, photographs, audio, and video. It can imitate a person’s voice, fabricate a speech, or alter footage to suggest an event occurred. 

Spread of false material, disinformation

During elections, war, or public emergencies, false material can spread before journalists and authorities can verify it. It can inflame ethnic or religious tensions, manipulate voters, discredit reporting, or cause panic. It also gives genuine wrongdoers an excuse to dismiss authentic evidence as artificial. 

In a Pew Research Center survey conducted in June 2025, 76% of Americans said it was extremely or very important to know whether pictures, video, and text were made by AI or by people. Yet 53% said they were not too or not at all confident that they could recognize AI-generated content. Once people believe that any recording may be fake, real evidence becomes easier to deny. 

A related threat is manipulation. AI can use personal data to predict what captures a person’s attention or to exploit a moment of vulnerability, then tailor messages accordingly. That may mean political propaganda aimed at a particular voter, gambling promotions directed at someone with an addiction, or loans and shopping offers targeted at a person in debt. The concern is not only false information but also systems designed to influence behavior in ways people may not recognize. The European Union’s Artificial Intelligence Act prohibits certain AI systems that manipulate people or exploit vulnerabilities linked to age, disability, or economic circumstances. 

Some people are stepping back from AI because it is moving into sensitive areas of life before clear limits are in place. The warnings from Amodei, Altman, and Hassabis demonstrate that the risks are serious enough that safety should not be treated as an afterthought. 

The issue is ultimately one of control. The real test will come when safety demands that a company delay a lucrative AI product, or when a government decides that a specific AI capability offers a military or intelligence advantage. The risk is that the most consequential choices about AI may be made in corporate boardrooms and closed government meetings. 

This post was originally published on here. 

US defense-tech company Ondas has made another Israeli acquisition, which continues to expand its portfolio through the purchase of Israeli companies. The company announced that it is acquiring GATE Technologies Ltd., an Israeli company specializing in the development and manufacturing of smart fuzes for loitering munitions systems and drones, and which is also involved in the Iron Dome project.

The acquisition includes GATE, which develops, manufactures, and licenses advanced electronic safe and arm devices (ESADs), as well as its European partner, Bron Technologies. The deal is valued at $205 million and could increase by an additional $185 million, depending on whether the company meets performance targets through the end of 2028.

The acquisition strengthens Ondas’ precision strike capabilities by adding a strategic ability to supply critical fuze components used in attacks launched from unmanned platforms. It also complements the company’s existing capabilities in autonomous strike systems, propulsion, mission systems, communications, engineering, manufacturing, and software.

Founded in 1996, GATE’s products are integrated into dozens of weapons systems worldwide, including missiles, rockets, unmanned aerial vehicles, and loitering munitions. The company’s fuze systems are designed to keep munitions safe during storage, transport, and launch, while allowing activation only after predefined conditions have been met.

As weapons systems become smaller, more autonomous, and increasingly software-based, the defense industry has been moving from traditional mechanical systems toward electronic solutions.

 Illustration, a smartphone displays the logo of Ondas Holdings Inc.  (credit: Cheng Xin/Getty Images)

Majority of GATE’s revenue from outside Israel

“GATE is a strategic addition to Ondas,” said Eric Brock, chairman and CEO of Ondas. “The demand for precision and autonomous strike systems is growing, while the use of electronic safe and arm devices is expanding. We intend to invest in its manufacturing capabilities, engineering, and the expansion of its international operations.”

Most of GATE’s revenue currently comes from outside Israel. Bron Technologies’ operations in Poland provide the company with a manufacturing base in Europe, while it has also begun establishing engineering, integration, qualification, and manufacturing capabilities in the US. Products manufactured in the US are expected to become available for sale in the first half of 2027.

Ondas is a Nasdaq-traded holding company with a market capitalization of $4.1 billion, down 25% since the beginning of the year. Alongside its acquisitions of Israeli companies, Ondas has recruited several senior Israeli defense figures, led by former Mossad director David Barnea, who left the position several months ago.

The company’s Israeli branch is managed by Brig. Gen. (res.) Oshri Lugasi, a former chief engineering officer of the IDF and former executive vice president at Rafael Advanced Defense Systems.

Over the past year, Ondas has acquired a series of small Israeli defense companies, including drone manufacturer Airobotics, which also produces interceptor drones; Omnisys, which develops artificial intelligence systems for mission planning, optimization, and battlefield resource management; Bird Aerosystems, which develops and manufactures airborne defense systems and maritime and aerial mission solutions; Robotican, which develops ground robotics systems for military and security applications; Centrix, which develops technologies for drone detection, monitoring, and interception; and Indo, which focuses on heavy engineering equipment for civilian and defense applications.

“Electronic fuze systems are central components in precision weapons systems,” Lugasi said. “GATE has built a significant position in the field over the years, thanks to licensing processes and integration into dozens of weapons systems. Following the acquisition, Ondas intends to improve and strengthen support for existing customers, as well as expand the company’s operations in Israel and around the world.”

According to market research by MarketsandMarkets, the global loitering munitions market is expected to grow from approximately $5.4 billion in 2025 to about $13.3 billion by 2030.

GATE was represented in the transaction by attorneys Eyal Sagie and Myren Sandelson.

This post was originally published on here. 

The rollout of a Medicare program that uses artificial intelligence to approve or deny care was hasty and error-ridden, according to more than a thousand pages of recently released documents and data.

The pilot program, called the Wasteful and Inappropriate Service Reduction model, or WISeR, launched in January and requires health care providers to seek approvals before they can provide certain procedures and products, like skin substitutes and epidural injections for pain management. The experiment operates in New Jersey, Ohio, Oklahoma, Texas, Arizona, and Washington and will run until 2031. 

Among other issues, the documents obtained by the Electronic Frontier Foundation through a Freedom of Information Act lawsuit show that one WISeR vendor warned the Centers for Medicare and Medicaid Services that it was unrealistic to expect a working product by the time the federal agency wanted to launch the program. 

Continue to STAT+ to read the full story…

This post was originally published here. 

When I became the first executive director of the country’s oldest statewide tobacco control coalition in 1999, conversations were already underway about how Colorado should spend its share of funds distributed to states from the landmark tobacco settlement.

Unsurprisingly, interest groups from across our state came forward to argue why their priorities deserved a portion of Colorado’s share of settlement dollars. While policymakers considered how to spend the state’s portion of the settlement, my job was to go to communities across Colorado and explain why a significant portion of the funds should go to tobacco prevention and education programs, rather than unrelated, even if deserving, programs.

Read the rest…

This post was originally published here. 

Ever since the U.S.-Iran war choked the Strait of Hormuz, Asian importers have scrambled for new sources of oil and LNG to keep the lights on. Yet China’s energy companies are reckoning with an entirely different problem: They have too much power. 

“China’s grid is a very strong and stable one,” Youyuan Huang, executive vice chairman of BTR New Material Group, the world’s top maker of battery anode materials, said at the Fortune Leaders Forum in Macau on Sept. 8. “But we’ve installed too much green energy.”

China will account for 60% of all installed renewable capacity through 2030, according to the International Energy Agency. In July, solar overtook coal as China’s largest source of installed power capacity. Daniel Liu, vice president of solar module giant Jinko Solar, said renewables effectively covered all of China’s electricity demand growth last year.

Yet production in the country’s clean energy sector has grown so much that there’s more energy infrastructure than the market needs.

Panelists at the Forum had an unlikely answer to the problem of energy overcapacity: AI.

AI, for one, requires a large and steady supply of energy. “[Energy] guarantees the safety and stability of computing power,” notes Huang. “With the development of GPUs, the power of a single chip has risen dramatically…This means that if the power drops, [large amounts of] data that’s being computed could be lost.”

Jiangxing Intelligence, a physical AI firm, has developed an AI ‘brain’ that monitors environmental conditions around renewable energy infrastructure to ensure electricity is collected and stored prudently. The ‘brain’ also controls a suite of autonomous robots, which help with the inspection and maintenance of solar panels and wind turbines. 

“The supply of wind and solar energy is highly uncontrollable…at night there’s no sunlight, but during the day sunlight floods in,” said Haitian Pang, the founder and CEO of Jiangxing Intelligence. “With an intelligent brain that deeply understands the region’s physical and meteorological conditions, you can forecast wind and solar conditions, and then know what options you need for energy storage.”

Pang argued that such infrastructure will also help reduce reliance on manual labor, especially in remote areas. “When wind and sand bury the solar panels, for example, we can dispatch drones that automatically clean them with water,” he explained. “This way, the entire energy system can run more stably and efficiently.”

Greening Asia’s energy supply

Other parts of Asia are struggling to adopt renewable energy at the same pace as China. The archipelagic nature of parts of Southeast Asia, for example, makes building and maintaining a contiguous electricity grid difficult.

“The Philippines has more than 7,000 islands, while Indonesia has more than 10,000, so it remains to be seen how renewable energy can come into play alongside fossil fuels there,” Liu noted.

Huang also lamented Southeast Asia’s lack of clean and stable power, even as Chinese factories relocate to the region. “We have many investments in Indonesia, where many large-scale data centers are being built,” he said. “Yet most of them are powered by traditional energy sources like coal).

Liu added that India had made substantial progress towards adopting renewable energy, even though the country’s demand for coal remains high.

Still, panelists were optimistic that Asia’s energy transition is well underway. “I think a clean energy transition—including a lower-cost energy transition—will certainly remain a continuous pursuit for everyone,” said Pang. 

“The narrative of energy transition differs across countries: for some it’s security, and for others it’s the future,” concluded Liu. “But they’re all actively embracing renewables.”

This story was originally featured on Fortune.com

This post was originally published here. 

Israel and Saudi Arabia held talks mediated by US Central Command aimed at helping Riyadh defend itself against the Houthi military through intelligence assistance, Walla reported on Tuesday, citing diplomatic sources in the Middle East.

The Houthi military has intensified its attacks against the Saudi regime over the past week, including a drone attack on oil pipelines and pumping facilities that led to a partial shutdown of activity along the main pipeline. The Houthis also carried out an attack against Saudi civilians who were inside a mosque and nearby buildings not far from the Yemen-Saudi Arabia border.

At the same time, the Houthi military seized several strategically located islands along the Red Sea and barred Saudi vessels from passing through the Bab al-Mandab Strait, imposing what the sources described as an economic and diplomatic blockade on Saudi Arabia.

The security situation has raised significant concerns not only among the Saudis but also among other countries in the region, according to security sources. The concern is based on a scenario in which the US reaches understandings with Iran and the Houthis, leaving Saudi Arabia and other countries to face unresolved threats in the foreseeable future while remaining exposed to continued attacks.

Fighters loyal to the Houthi authorities, brandish their weapons during a rally to recruit more fighters, in Sanaa on September 10, 2026. (credit: Mohammed HUWAIS / AFP via Getty Images)

Saudi Arabia, Israel hold talks to help Riyadh defend itself

Diplomatic sources in the region said Saudi Arabia and Israel held talks mediated by CENTCOM in order to help the Saudis protect themselves. The IDF has already demonstrated intelligence and operational capabilities in the maritime arena around the Strait of Hormuz, assisting the Americans in building layers of intelligence on the locations of Iranian forces.

The sources said the Saudi request for assistance was likely focused on intelligence support to build a broader picture of Houthi military deployments in the area and identify potential plans for future operations.

Notably, Bloomberg reported that Saudi Arabia also asked Britain for aid in both repelling the Houthis from the Bab al-Mandab Strait and helping defend against strikes on its oil infrastructure.

Burnham has agreed to send British military advisors to assist Saudi Arabia, Bloomberg reported, but had not yet committed to sending any additional aid.

Meanwhile, security officials said that US President Donald Trump’s decision to allow Saudi Arabia to develop a civilian nuclear program has caused significant concern within Israel’s security establishment, as Saudi Arabia is a country rich in energy resources and is located within 15 km. of Israel.

The issue was raised with Trump, who quickly linked any progress on the civilian nuclear issue to the normalization of relations between Saudi Arabia and Israel. The Saudis, for their part, want to advance a diplomatic process with Israel following a resolution of the Israeli-Palestinian conflict.

Israel and Saudi Arabia share several security interests regardless of normalization, and there is optimism that a roadmap can soon be presented under which the sides would reach a diplomatic agreement. The agreement is viewed as highly important, particularly amid growing threats in the Middle East that highlight the urgent need to establish priorities.

Tzvi Jasper contributed to this report.

This post was originally published on here. 

A question has gripped economists studying inequality since at least 2011, when Occupy Wall Street split the country into the 1% and the 99%: who is actually wealthy in the U.S, and how did they get that way?

In 2014, Eric Zwick, Owen Zidar and Danny Yagan set out to find an answer. They weren’t the tenure-track economics faculty they are today (at the University of Chicago, Princeton University and UC-Berkeley, respectively) and all they had was a hunch and a key to the Treasury Department. Planet Money reported that they called themselves the “tax ninjas,” but they were essentially glorified interns: Zwick was living in his sister’s attic in Washington D.C. and going to work in the Treasury Department’s basement, where the ninjas attacked a trove of individual tax records that most academics never get to see.

The problem for economists had always been that the Internal Revenue Service kept individual tax returns and business filings in separate systems that had never been linked—there was no way to connect a company’s profits to the specific person who owned it and collected them. Zwick and Zidar spent months essentially making the two databases talk to each other. When they finished, Zwick told Fortune, he was stunned. 

When they made a table of total profits from pass-through firms for people in the top 1%, doctors were near the top, and so were auto dealers. “I’m like, this is not Jeff Bezos. This is not Stephen Schwarzman.” The American Dream still exists, in other words, but it isn’t the Wall Street billionaires or tech overlords who are mostly realizing it. It’s the everywhere millionaires all around you that you don’t even think about. 

Hence the title of Zwick and Zidar’s new book, The Everywhere Millionaire: Who is Really Rich in America and How They Got There. When I asked Zwick if he ever saw the classic high-school sports show Friday Night Lights, his eyes lit up as he named the local auto dealer who bankrolled the local Texas football team: “It’s the Buddy Garrity millionaire! It’s like, meet the real Buddy Garrity.” The book defines this class of millionaire as someone with at least $5 million in net worth who owns a single closely held operating business that generates most of their income. Their research found roughly 3 million of these in the U.S., concentrated not in Manhattan or Palo Alto but in mid-sized metros that rarely generate pitchforks in the press. They collectively hold 13 times the wealth of the entire Forbes 400, Zwick estimates. Put another way: for every member of the Forbes list, there are more than 4,000 private business owners who each have a net worth of at least $10 million.

The book’s favorite example is Dick Portillo, the Chicago food kingpin who opened a hot dog stand in 1963 having never cooked one before—and built the Midwest’s largest privately owned restaurant company by 2014—plus a 130-foot yacht he named Top Dog. Then there’s Karen Bentlage, who dropped out of Central Connecticut State University and built the nation’s second-largest tanning-bed distributor before reinvesting the proceeds into a regional waxing-salon franchise. The everywhere millionaires include a lot of dentists and beverage distributors, too, collecting profits through partnership structures that don’t appear in any billionaire index and rarely get a mention in political campaigns or cable television. 

courtesy of Macmillan

One of the book’s more unsettling arguments is that the everywhere millionaire essentially runs American politics: pass-through business owners make up roughly a quarter of federal elected officials and about 40% of state legislators, compared with 2% to 3% of the general population, Zwick estimates. The implication is that the American system of inequality works the way it does because the everywhere millionaires who dominate Congress are keeping the system that made them wealthy exactly the way it is. 

It’s a bipartisan issue, Zwick adds, noting “a bit more evidence [that] maybe the Republican elected officials are a bit more likely to come from this class than the Democrats. [But] there are a lot of Democrats, too.” He pointed to a provision from the most recent tax bill, which let clean-energy vehicle credits lapse while making a 2017 pass-through deduction permanent: “That benefits the auto dealers, many of whom are on the tax-writing committee of Congress.” He argued that Americans and the media are usually having the wrong conversation about wealth. “Where the power comes to make policy happen—it’s much more diffuse, and I think we’re not quite focused on it in the right way as a society.”

Zwick said he sees similarities between his and Zidar’s research and historian Patrick Wyman’s theory of the “American Gentry,” the “salt-of-the-earth millionaires” that far outnumber the coastal elites typically thought of as America’s true aristocracy. Zwick said Wyman is more polemical in connecting these elites to the rise of Donald Trump, but the idea is certainly “very resonant” and he and Zidar essentially have the receipts. 

When asked what made this cultural change possible, Zwick and Zidar point to a very clear turning point, decades in the past, long before the rise of Donald Trump.

Unintended consequences

During Ronald Reagan’s acting career, he limited how many films he’d make in a given year—earn too much, and the top individual tax bracket meant that he’d keep as little as 9 cents of every additional dollar. That experience shaped the tax-cutting instinct he carried into the White House in 1981, when the top individual rate stood at 70% and the corporate rate at 46%. 

Reagan found an unlikely ally in Bill Bradley, the former New York Knicks star turned Democratic senator from New Jersey, who was partnering with House Rep. Dick Gephardt to simplify the code by stripping out the loopholes and write-offs that mostly benefited the wealthy. Reagan and supply-side Republicans like former Buffalo Bills star Jack Kemp wanted lower rates across the board. The compromise was the Tax Reform Act of 1986, the biggest overhaul of the federal tax code in over three decades and, at the time, a rare bipartisan triumph. But it didn’t just cut the top individual rate down to 28% and the corporate rate to 34%—it also sweetened the tax treatment of partnerships, S-corporations and sole proprietorships, whose profits would pass directly to an owner’s individual return instead of being taxed twice, once at the corporate level and again as dividends. A new American Dream was being born.

Before 1986, C-corporations produced almost all business income in the U.S., but today, Zwick and Zidar found 95% of American businesses are pass-throughs. They employ half the country’s workers and generate the majority of business income. Almost by accident, the 1986 reform moved America’s business wealth onto the individual tax returns of the people who owned it. “Tax reform created the idea linking business owners to their businesses,” Zwick and Zidar write in the book, “bringing the stealthy wealthy into view for the first time.” It just took another 26 years, and two grad students in a Treasury department, for anyone to find it. 

When asked about Gen Z’s turn toward crypto, prediction markets and retail trading—what’s sometimes called “financial nihilism”—Zwick agreed that one takeaway from his book is certainly that the traditional path to success in America is obsolete. “Get a salary, a job and just work your way up within a company—[that] is not the path,” he said. But the operators in his data didn’t get rich by rolling the dice, he points out. There’s a “move slow and make things” strategy visible in stories like Portillo’s, who ran a hot dog stand himself for decades, long before it became an empire. The real key is owning the business and working so much that work-life balance essentially doesn’t exist. “He, like, never stopped making hot dogs.”

Paul Osterman, professor emeritus at MIT Sloan, has a book out that is something like the flipside of the everywhere millionaire thesis. Disposable Workers: The Transformation of Employment, the latest in Osterman’s long-running career examining the labor market, draws on a survey of more than 6,000 American adults and nearly 100 interviews with workers, employers and staffing agency professionals. A stunning 35% of the U.S. workforce, he found, falls into the category of what he calls “disposable” work—freelancers, contractors, gig workers and a category he calls “marginal workers”: W-2 employees hired with the implicit understanding that they won’t be around for long. 

Osterman traces this back to the Reagan era, but not specifically to the 1986 tax reform. Reagan’s famous 1981 firing of striking air traffic controllers was a sign of “open season on post-World War II employment systems,” he told Fortune. For whatever reason, he said, employers “do not invest in the great bulk of their workforce” in the way that they used to. 

When presented with Osterman’s findings, Zwick called them “very interesting” and agreed that the post-1986 tax code leaves employers with a much higher burden for salaried/wage-rate workers than other types of employees, which has “caused activity to leak out of the salaried worker bucket.” It discourages W-2 employment, he said, since contractors can structure their work for lowered tax rates and avoid the payroll tax by building their own pass-through entities. 

Katlin Smith and Bakari Akil both found themselves on the outside looking in, at earlier points in their careers, when they decided to become everywhere millionaires. 

Owning as the new American Dream

Neither Akil nor Smith fits Zwick’s definition to a T—he owns a small portfolio, she has already sold hers. But both got rich the way his data says most do now: by owning something outright, not by being paid to run someone else’s thing.

Smith didn’t set out to get rich, but rather, to fix a problem she had herself. In 2012, while working as a management consultant at Deloitte and essentially living out of her suitcase, she went looking for a snack that wasn’t unhealthy. A friend suggested that she clean up her diet, and she flashed back to her biology and business double major. She said she has a “scientist’s brain,” so she thought, “‘”Oh cool, an experiment, let’s give it a try.” 

courtesy of Simple Mills

Her experiment became Simple Mills, the snack brand that she built from nothing, bringing almond-flour crackers to a market near you. Like Portillo, who ended up selling to a private equity firm, Smith brought in a sponsor, Vestar Capital Partners, to scale the business and later exited to Flowers Foods for $795 million in January 2025. 

Smith told Fortune that she’s still involved with Simple Mills in a founder-and-advisory role, and her status has enabled her to push for personal passions, like a “non-UPF” verification for Simple Mills’ products, developed with the Non-GMO Project to flag how heavily processed a food actually is, not just what’s in it. Bringing more non-ultra-processed foods to market is “near and dear to my heart,” she said, even though she doesn’t want to make herself the face of any kind of movement. “I honestly really don’t love being a public example,” she said, adding that she would like to dedicate more time to philanthropy. 

Akil left Morehouse College in 2011 without finishing his degree and spent roughly two years afterward homeless, as he previously told the Wall Street Journal. He still remembers sleeping some nights in La Guardia Airport, where they’d let him stay on a bench if he was discreet and appeared to be waiting for a flight. At 25, he got a job at the startup Justworks and realized he wanted to be on the other side of the glass. “How did this happen to me?” he told Fortune about his state of mind at the time. “How do you get rich?”

He said he always assumed that being smart and hardworking was supposed to be enough on its own, and when it wasn’t, he spent close to a year reading everything he could about wealth-building. “The entire society was set up to help business owners be successful and employees to live a good life,” he said, adding that people who don’t own anything are “going to stay middle class and [that life] will be very precarious.” 

courtesy of Bakari Akil

Akil said he kept seeing the letters “LBO” (for leveraged buyout) and kept digging, eventually finding a Harvard Business School paper on “early-career” acquisitions. When he learned Columbia was about to teach it, he dropped everything to get into that class. “That’s how I learned to buy a company,” he said. He sensed a major wave developing as baby boomer everywhere millionaires started retiring. “It’s almost like an American imperative for people to look at these businesses,” he said. If the next generation chases startups instead of buying what boomers have left behind, “that’s an existential threat to the middle class.”

Other entrepreneurs are building a business off the act of businesses’ being sold. Chat Joglekar, a former Zillow employee, co-founded Baton, a marketplace for listing and buying small businesses. McKinsey estimates that 6 million small businesses, worth roughly $5 trillion, will need to change hands over the next decade as Baby Boomer owners age out, and fewer than one in three has a documented exit plan. “The whole adage in this market is that supply doesn’t realize their supply,” Joglekar told Fortune in a recent interview. Baton has published free valuations for 2 million U.S. companies and found that fewer than one in 10 owners can name their own company’s value within 10% of its market value. “It’s almost like you’re arming the rebels,” he said of his realization that knowledge is power. 

For his part, Zwick insists the book is not a polemic, and he resists the fatalism embedded in many accounts of American wealth and inequality. “I feel like saying the American Dream is not dead,” he said, “even if it’s less healthy than maybe it once was.”

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The biggest immediate impact of the Trump administration rolling back Biden-era emissions standards on power plants is it will keep more old coal and gas-fired plants viable for longer to help provide additional energy for data centers and the AI boom, experts said.

The U.S. Environmental Protection Agency (EPA) said Monday it finalized the repeal of emission-reduction mandates for power plants that were intended to combat climate change. The announcement came shortly after the National Oceanic and Atmospheric Administration announced that the 2026 summer was the warmest in U.S. history—about 3 degrees Fahrenheit above average.

Trump’s EPA said Monday that “emissions from power plants have no material impact on global climate change.” Environmental critics called that assertion a lie, arguing the rollback will cause thousands of unnecessary deaths from pollution and trigger many billions of dollars in additional health care costs.

But there is an argument that this strikes a balance between climate and the economy—“step back in order to take two steps forward,” said Dan Romito, managing director at Opportune overseeing sustainability. While renewable power can continue to expand, the energy sector is on the verge of leaps in cleaner, next-gen nuclear power and geothermal energy.

“It’s a Band-Aid for a lot of these data centers to figure out how to get replacement or complementary power,” Romito told Fortune. “We need a little bit of a stopgap here. It’s not an ideal choice. But coal can fill that bill for three, four, maybe five years. And that will allow the market to efficiently incorporate geothermal and nuclear solutions into the mix.”

In the meantime, the AI race is continuing, power projects are being announced without many getting off the starting line, and congressional permitting reform to expedite power—both clean and fossil fuel—appears unlikely to come to fruition this year. So something had to give, Romito argued. “This power is not going to magically come out of nowhere. You’re going to have to keep coal-fired power plants and gas-fired power plants online longer, not necessarily to fulfill the anticipated demand, but to meet what demand is currently today,” he said. “And you just can’t throw affordability and reliability out the window.”

The idea is this also will provide more certainty to hyperscalers that they can move forward. “It relieves a lot of the anxiety and the investor apprehension to invest in new modernized plants that are probably much more efficient as it relates to emissions,” Romito said, arguing that new gas-fired coal plants would be much cleaner than old coal plants.

The fight ahead

The 2024 Biden carbon standards for power plants aimed to require plants to either cut or use emissions technology to capture 90% of their climate pollution. In addition to undoing those standards, Trump’s EPA also is proposing to roll back its authority to regulate climate pollution from power plants, arguing that the EPA is not legally allowed to combat climate change. If successful, this could prevent future administrations from being able to regulate these emissions.

“We are cutting the red tape to deliver the largest power sector deregulatory action ever,” said EPA Administrator Lee Zeldin on Monday at the G20 energy ministerial in Houston.

“But we aren’t just stopping with the Biden administration’s overreach,” he added. “We also are proposing to rescind all remaining greenhouse gas emissions standards for power plants—all of them.”

Environmentalists called the Trump administration’s actions incredibly damaging.

“While wildfires rage, floods devastate communities, and families struggle to afford skyrocketing electricity bills and insurance premiums, the Trump administration is handing the fossil fuel industry a license to keep polluting,” said Sierra Club chief program officer Holly Bender. “This is full-throated climate denial while the climate crisis happens in real time and a shocking betrayal of the American public.”

Fossil fuel power plants are responsible for almost 25% of the nation’s total climate pollution, second only to the transportation sector. Early this year, the EPA overturned its own so-called endangerment finding from 2009, which determined that that carbon dioxide and other planet-warming gases are a threat to public health. The EPA also repealed ruled regulating emissions from motor vehicles.

The Trump administration contends the federal Clean Air Act does not specifically mention climate change and that the EPA should have no authority to regulate it, arguing that the “climate radicalism” of the Biden and Obama administrations were bad for business and energy affordability. Legal challenges are inevitable, just as with the earlier vehicle rollback.

“If you have a problem with the law, change the law,” Zeldin said.

“Will more data centers be using coal? That’s not something the EPA is going to dictate,” Zeldin added. “What we are going to make sure is that we’re following the law, that we are empowering that choice, and that we’re making sure the smartest decisions are made to unleash energy dominance in this country in every form.”

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