An investigation into the unusual turbulence which hit an Air India flight from Thailand to Delhi in August, resulting in the injury of over 20 people, revealed that the captain’s confirmatory test for psychoactive substances was non-negative, the India air accident body announced on Friday.

According to the body, four people were seriously injured during the incident, and another 20 lightly injured.

The investigation further revealed that the seat belt signs had been off at the time of the turbulence, and that flight control systems detected the loss of all three hydraulic systems.

This is a developing story.

This post was originally published on here. 

Two people were pulled out alive on Friday from a tunnel linked to a hydropower station on the Trishuli River, nine days after an ice, rock and mud slide swept through a valley in Nepal, killing more than 1,200 people and displacing tens of thousands.

The two workers pulled from the tunnel at the Upper Trishuli 3A Hydropower Station are Sanjay Sah, a mechanical foreman, and Kabir Maharjan, a mechanical supervisor, Energy Minister Biraj Bhakta Shrestha’s office said in a statement.

Officials and rescue workers believe the August 26 collapse of a glacier in the upper reaches of the Trishuli River trapped at least 900 people in tunnels associated with six hydropower projects along the river.

Workers taken to hospital in Kathmandu

Maharjan cannot move his hands and legs, but Sah’s injuries are not critical, an aide to the energy minister told Reuters.

The two are being taken to a hospital in Kathmandu, he said.

Rescue workers build a makeshift zip line to cross the Trishuli River, following the deadly flash floods and a mudslide, in Devighat, Nuwakot district, Nepal, September 4, 2026. (credit: REUTERS/ATHIT PERAWONGMETHA)

Amir Maharjan, Kabir’s brother, said he has not received any news officially but has been told to go to the hospital.

“I have been hearing from the news that my brother has been found. The entire family is very happy,” Amir said.

This post was originally published on here. 

More than 15,000 popular children’s squeeze toys have been recalled over serious injury hazards linked to the beads they contain, according to federal regulators.

Two recalls have been issued — one for Squeezy Dumplings from GIHNJSI and one for Rainbow Mystery Squishy Buns from OKK Trading.

Both products contain water beads, which could expand within a child’s body if ingested, posing a potentially deadly hazard, the Consumer Product Safety Commission said in its notice. The toys violate the mandatory federal safety standard for toys because the water beads can expand beyond the allowable size.

“If a water bead is ingested, it can pose ingestion, choking, and intestinal obstruction hazards inside a child’s body, resulting in severe discomfort, vomiting, dehydration and a risk of death to a child,” the commission said.

WEIGHT-LOSS SUPPLEMENT RECALLED AFTER FDA FINDS TOXIC SUBSTANCE

About 8,000 Squeezy Dumplings are affected by the recall. They were sold online at Amazon between May and June for about $20. “SQUEEZY DUMPLINGS” and “SQUEEZE ME” are printed on the label.

Roughly 7,200 Rainbow Mystery Squishy Bun Toys are subject to the recall, sold at various third-party stores nationwide from May to August. “Rainbow MYSTERY” and “SUGAR EDITION” are printed on the front of the package labeling. 

Both toys are translucent, round squishy balls with cartoon faces and glitter-like particles and water beads on the inside. The toys come in a tan plastic container shaped like a bamboo steamer.

Consumers are urged to stop using both toys immediately and contact the appropriate company for a full refund. To receive a refund, consumers should write “RECALLED” on the toy and its container, dispose of the product, and email a photo to the recalling company, according to the CPSC.

No injuries have been reported thus far in connection with either toy.

Additionally, the commission is warning consumers to immediately stop using Squishy Bun Toys from Ivyapingdianpu and to dispose of them, saying they violate mandatory safety standards for toys.

These toys also contain water beads, but the retailer has not agreed to a recall the product or offer a remedy to consumers despite receiving a Notice of Violation, according to the commission.

WALMART MANGOES RECALLED OVER POTENTIAL SALMONELLA CONTAMINATION

WALMART MANGOES RECALLED OVER POTENTIAL SALMONELLA CONTAMINATION

About 106 of these toys are affected by the warning. They have “SQUISHY BUN” and “Rainbow MYSTERY” printed on the front of a removable tag.

These toys were sold online at Amazon in June 2026, but they may also have been sold by various third-party sellers and on other websites.

No injuries have been reported in connection with these toys. Anyone with a child who experiences any injuries related to these Squishy Buns or who notices any defects is urged to contact the commission.

This post was originally published here. 

Two residents of Acre‘s Old City in their 20s were arrested on suspicion of attacking a bereaved father whose daughter was killed at the Nova music festival on October 7, 2023, Israel Police said on Thursday.

The attack took place last week in the old city, while the victim had been out walking his dog. 

During the walk, they encountered the suspects’ dog, and a fight broke out between the two dogs.

According to the police’s investigation, the suspects had approached the incident and, claiming their dog had been purposefully attacked, “violently” attacked and injured the man.

Illustration image of handcuffs on the hands of an arrested man, in Jerusalem, May 21, 2025. (credit: YOSSI ZAMIR/FLASH90)

Suspects arrested during house raid

Police opened an investigation immediately and were able to identify and track down the two suspects. Their homes were raided on Thursday morning, leading to both of their arrests.

They were taken to the Acre Police Station for further questioning, after which they were jailed, police said.

In accordance with the needs and findings of the investigation, the court granted the police’s request and extended the detention of the two until September 7. 

Yoav Etiel contributed to this report.

This post was originally published on here. 

As prediction markets gain traction, more businesses are looking to add forecasting tools to their existing apps. Gate, a Panama-based cryptocurrency exchange, is seeking to meet that demand with infrastructure that lets companies integrate those features into their own products. Launched in August, the service is open to brokers, Web3 applications and trading platforms alike. The product, called Event Contracts Builder, is part of Gate’s decentralized-exchange infrastructure platform, Gate DexBuilder.

“These companies can quickly integrate prediction market functionality [and] not have to spend a ton of tech resources… to build the entire infra behind it,” Jason Fung, head of Gate DexBuilder, told Fortune.

The exchange’s expansion comes amid an explosion in the popularity of prediction markets. These platforms, which allow bettors to place wagers on virtually everything, are serving as a new way to gauge public sentiment. Kalshi and Polymarket dominate the industry, and consumer-facing businesses have begun incorporating their market data and event contracts into their own products.

Gate itself first entered that ecosystem as a Polymarket partner. Earlier this year, the exchange integrated Polymarket Builder, a tool that lets exchanges and apps offer Polymarket’s existing prediction markets within their own products. Fung said Gate was the first exchange to integrate it. That experience helped shape Gate’s own offering, and inspired it to compete with its former partner. 

Besides the Event Contracts Builder, Gate has launched a $3 million grant program to support companies developing event contract products. Fung said the funding comes entirely from Gate and can help cover development costs. Selected builders may also receive technical assistance, marketing support and media promotion. The program is still in its early stages, and Gate is reviewing its first group of applicants.

From gaming to crypto

Before crypto, Fung started his career in media and entertainment, with a focus on gaming. During that period, he lived in Canada and held roles at organizations including media and technology company BroadBandTV and esports website Azubu. Fung later moved to China and spent five years working for tech giants like Alibaba and ByteDance, where he worked on TikTok Global. 

He eventually entered the crypto space during the ecosystem’s 2021-2022 boom and bust period, and pursued what he now regards as short-lived Web3 narratives. Exhausted by that experience, Fung transitioned to more established roles, working for the layer-1 Sei Foundation and then AP Finance, the U.S. arm of centralized exchange Bybit.

In July, Fung joined Gate to further expand the globally distributed exchange. Though remote, the 13-year-old company operates hubs in Hong Kong, Japan, Dubai, and Malta, alongside its North American entity, Gate U.S.

This story was originally featured on Fortune.com

This post was originally published here. 

When five major Mediterranean desalination plants went offline earlier this week, household taps didn’t run dry. It exposed why water, electricity, food, and shelters must be treated as matters of national security. That is precisely why the incident should be treated as a warning rather than dismissed as a crisis successfully contained.

The plants were forced offline after unusually high seawater turbidity, apparently caused by microalgae carried north from the Nile Delta. Some subsequently resumed operating, but three remained offline on Wednesday.

The authorities protected residential supply, while municipalities were instructed to reduce nonessential consumption, and agricultural water was temporarily cut in parts of the country. Negev farmers warned that crops at the height of the growing season could suffer irreversible damage within a day.

On one level, the outcome demonstrates the water system’s strength: Israel maintained household supplies even after losing most of its desalination capacity. That is a considerable accomplishment in a dry country that once lived at the mercy of rainfall.

Exposing the concentration beneath the success

But the incident also exposed the concentration beneath that success. A small number of large facilities produce much of Israel’s drinking water, and all require usable seawater, electricity, and functioning pumping infrastructure. A single natural event was enough to interrupt several at once.

Infrastructure works along the shoreline of the Sea of Galilee as the Water Authority and the national water company Mekorot prepare to increase the flow of desalinated water pumped from desalination plants in Ashkelon and Rishon Lezion into the lake, northern Israel, February 27, 2026. (credit: AYAL MARGOLIN/FLASH90)

A recent preprint by researchers from Ben-Gurion University of the Negev and the Max Planck Institutes modeled scenarios in which drought, electricity disruptions, war, cyberattacks, and marine pollution overlap. The research has not yet undergone peer review, but the question it raises is immediately relevant: Is Israel preparing for several systems to fail at once, or is each ministry still preparing for its own isolated scenario?

Israel understandably speaks about national security through the language of armies, borders, intelligence, and missile defense; those threats are real and immediate. But civilians cannot live beneath Iron Dome alone.

Security also means that the lights remain on, hospitals keep functioning, food reaches supermarkets, and families have somewhere protected to go when the air-raid siren sounds. These are not softer alternatives to national defense; rather, they are what allow a country to absorb an attack and continue operating.

Recent State Comptroller’s Reports have revealed a recurring weakness in precisely these areas. In January, the comptroller found that one-third of Israelis lacked adequate access to standard protected spaces, and that 12% of public shelters were unfit for use. A February audit found that emergency planning for the electricity sector had not kept pace with changes in the industry, and that responsibility for critical diesel stocks remained unresolved years after the government ordered it transferred.

No single government body overseeing the full picture of emergency food security

Last October a report found no single government body was overseeing the full picture of emergency food security, and there was no long-term national strategy. A separate February audit found that prior to the October 7 massacre, Israel did not have an approved operational plan for mass civilian evacuation, leaving local authorities to improvise as some 210,000 residents were displaced.

Since then, some of the relevant government bodies have taken steps. The Energy and Infrastructure Ministry, for example, has cited a NIS 1 billion program launched during the war to strengthen infrastructure and emergency stocks. This week’s uninterrupted household water supply also reflects serious advance planning.

The argument, therefore, is not that nothing works; it is that Israel repeatedly relies on capable workers and emergency improvisation to close gaps that should have been resolved beforehand. Across sectors, responsibility remains divided, plans age without being updated, and corrective action accelerates only once the danger becomes visible.

That is partly a problem of political incentives. Air-defense procurements and military operations produce announcements that maintenance, redundancy, and coordination between ministries rarely do. When they succeed, nothing dramatic happens: The tap runs, the refrigerator stays cold, and the local authority knows what to do.

With a little under two months until the October 27 election, parties asking Israelis to trust them with national security should be expected to address this side of it as well. They should explain who will hold binding responsibility for civilian preparedness, which deficiencies have been corrected, what deadlines remain, and how weaker municipalities will be brought up to standard.

The desalination disruption should not be forgotten when the last plant returns to operation. Israel’s strength is measured not only by whether it can strike its enemies or intercept their weapons, but by whether ordinary life can continue under pressure.

This post was originally published on here. 

The current and former presidents of the International Criminal Court’s (ICC) governing body said efforts to isolate the institution diplomatically are aimed at eroding confidence in the international legal order, as President Donald Trump’s administration has pressured countries to isolate the ICC.

“Efforts to isolate the Court diplomatically – whether by encouraging States Parties to withdraw from the Rome Statute or urging non-States Parties to join measures intended to weaken it – are aimed at eroding not only one institution, but confidence in the international legal order itself,” they said in a joint op-ed published on Thursday.

The op-ed appeared on the Just Security law and policy journal’s website. Authors included Paivi Kaukoranta, who is the president of the ICC’s governing body, the Assembly of States Parties, and seven of its former presidents.

Defending the ICC “is about preserving the international legal order as we have built it, as humanity’s strongest safeguard against a descent into lawlessness and impunity,” the op-ed said, adding the choice was “between a world based on the rule of law and one where might decides what is right.”

The op-ed comes as the Trump administration has sanctioned ICC judges and officials, including the court’s president, and is pressing member countries to quit, a campaign that has prompted lawsuits and raised concerns among some US allies.

International Criminal Court President Tomoko Akane speaks during an event in Osaka, western Japan July 27, 2026. (credit: Mandatory credit Kyodo/via REUTERS ATTENTION EDITORS)

Trump sanctions ICC officials

The Trump administration ratcheted up its campaign against the Hague-based court last month by sanctioning its president, Tomoko Akane, and a senior trial lawyer.

Washington says it will also step up efforts to get other countries to quit the institution.

The ICC was established in 2002 by the international community to prosecute war crimes, genocide and crimes against humanity. It asserts jurisdiction only if a member state is unable or unwilling to prosecute ‌atrocities itself.

The US is not a member. But the court’s decision to issue an arrest warrant for Israeli Prime Minister Benjamin Netanyahu, a US ally, over assertions of war crimes and crimes against humanity during Israel’s assault on Gaza, as well as a past probe into US troops in Afghanistan, has drawn Washington’s ire.

“The Trump Administration’s campaign to disable the ICC’s ability to operate, target American servicemen or officials, or otherwise threaten American sovereignty will continue,” State Department spokeswoman Paloma Chacon said in response to the op-ed.

The administration says it will use ⁠travel bans ​and sanctions against the ICC and affiliated organizations, which are being opposed in the courts by ICC judges and US advocacy groups who say the administration is ​violating free speech.

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A man in his 30s was lightly wounded in the suspected stabbing terror attack in the Damascus Gate area of the Old City of Jerusalem, United Hatzalah said early Friday morning.

He was evacuated to Shaare Zedek Medical Center for further treatment by United Hatzalah.

Israel Police said that officers stationed in the area shot the terrorist after he approached security personnel located nearby.

The attack came hours after more than 50,000 people gathered at the Western Wall to recite the selichot earlier in the night.

This is a developing story.
 

This post was originally published on here. 

The secondaries market offers a window into the most-watched-IPO horse race, perhaps ever, between OpenAI and Anthropic.

Now, the vibe, shall we say, for a while has been that OpenAI is falling behind Anthropic. Across the secondaries market, that’s certainly how prospective buyers seem to feel: demand for Anthropic shares is far exceeding the demand for OpenAI shares, pre-IPO market sources have been telling me. And though there’s a sense Anthropic fever has escalated in recent months (including the demand explosion around the company’s mammoth $65 billion fundraise), Anthropic shares have been the most prized for some time. 

“Anthropic has been the most in-demand name in the secondary market for about a year,” Javier Avalos, CEO at private markets platform Caplight, wrote to Fortune, adding that he’s seen about $1.5 billion interest in Anthropic since the beginning of Q2 2026. 

The demand for Anthropic shares back in May was described to me as “a pressure cooker ready to explode,” and in the aftermath, the company’s running a tight ship when it comes to who it allows to buy its shares on the secondary market. 

“In the secondary space, Anthropic really tightened its process around letting people into its cap table,” said Clara Vydyanath, general partner, Underline Capital. “A lot of cap-table GPs have warehoused positions… and they’re now piecemeal-selling blocks worth $20 million, $50 million, $100 million at a time.”

Currently, Avalos said, Anthropic’s valuation is in the $1.4 trillion ballpark, up more than 400% year-over-year, according to Caplight data. This aligns with what Vydyanath is seeing. And if you don’t have millions to deploy, you’re probably not getting into Anthropic. 

“I think below $25 million is difficult,” said Vydyanath. “It’s [generally] got to be $50 million-plus at valuations clearing around $1.3-1.4 trillion.”

And even then, for Anthropic, you might struggle, regardless of how much money you want to throw at the company.

“It’s an incredibly cluttered market,” said Christine Healey, founder of broker firm Healey IPO. “Even some investors trying to do $10 million or $100 million ticket sizes can struggle to find access… Based on what I’ve seen, Anthropic is a market where demand far outweighs supply, probably by 3x, 4x, 5x demand versus supply.”

To get into OpenAI, on the other hand, you can probably deploy between $500,000 and $1 million, several sources tell me. Caplight’s Avalos added that demand for OpenAI shares has somewhat recovered from earlier-year lows in recent months. 

Now, depending on who you are, what you believe, and how much money you have, this could be an opportunity. 

“Right now, what I can say is that OpenAI feels underpriced and Anthropic feels overpriced,” said Underline’s Vydyanath. “In reality, OpenAI is a phenomenal deal right now.”

See you tomorrow,

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

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This story was originally featured on Fortune.com

This post was originally published here. 

In perhaps the most surprising news to come out of US President Donald Trump’s meeting with US haredi leaders today, the two Satmar Rebbes shook hands and spoke face to face for what is likely the first time in several decades.

The two Rebbes, Reb Aharon Teitelbaum and Reb Zalman Leib Teitelbaum, are brothers. Their father, Rabbi Moshe Teitelbaum, had appointed Zalman Leib to lead the Williamsburg community and, according to his will, designated him as his successor. Aaron’s supporters disputed this, arguing that Aaron, as the elder son, should succeed their father. When Moshe died in 2006, both brothers were proclaimed Rebbe by their respective followers, creating the two factions.

Zalman Leon leads the Williamsburg, Brooklyn faction of Satmar, while Aaron leads the faction centered on Kiryas Joel, New York.

The news of the meeting of the two has sent shockwaves through the haredi community.

During the gathering, Reb Aharon reportedly congratulated his estranged brother on the recent engagement of his grandson.

 Zalman Leib Teitelbaum, leader of the Satmar Hasidic sect. (credit: Yossi718 / Creative Commons 4.0)

First meeting of its king in over half a century

Aside from the fraternal reunion, the meeting was significant for others reasons; it marked the first meeting of its kind in the Oval Office in more than 50 years.

Among the participants were leaders from the Satmar, Skver, Bobov, and Vizhnitz Hasidic dynasties, as well as leaders of the Beth Medrash Govoha yeshiva in Lakewood, New Jersey, all of whom are anti-Zionist and oppose the existence of the State of Israel.

Both Satmar rebbes are explicitly anti-Zionist, as is the Skverer Rebbe. The Vizhnitzer Rebbe is best described as traditional haredi (ultra-Orthodox) non-Zionist, and the Bobov Rebbe can be best described as non-Zionist yet non-hostile in his stance.

Belaaz reported that Vice President JD Vance, Jared Kushner and Secretary of State Marco Rubio were all also in attendance.

This post was originally published on here. 

President Volodymyr Zelensky said on Thursday that an investigation would determine what caused a dispute between two of Ukraine’s security agencies to escalate into a shootout in Kyiv this week that left three members of the Defense Ministry’s HUR Military Intelligence Directorate injured.

The dispute centers on the disappearance for nine days of a Russian nationalist activist fighting alongside Ukrainian troops in the four-and-a-half-year-old war pitting Moscow against Kyiv.

The nationalist said he was detained by the SBU Security Service and obliged to sign a confession that he collaborated with Russian intelligence. He later retracted the statement.

The street clash occurred in central Kyiv on Tuesday after the activist’s home in Kyiv was searched. SBU officers fired on members of the HUR unit. The SBU has said it was acting to prevent a Moscow-inspired plot to assassinate Russian anti-Kremlin activists in Kyiv.

“It is important that the truth come out. And that situations like this do not recur,” Zelensky said in his nightly video address.

A resident carries her dog near an apartment building hit during a Russian drone strike, amid Russia's attack on Ukraine, in Kyiv, Ukraine, September 3, 2026. (credit: REUTERS/ANATOLII STEPANOV)

SBU, HUR agencies clash violently over dispute

“An assessment of the heads of these two agencies – the SBU and the HUR – will be made based on the results of an internal investigation. It is completely fair that both sides be brought to account. Both acted precisely in a way that should not have happened,” he said.

Two servicemen from the two bodies have been issued notices of suspicion in connection with the incident. Zelensky has dismissed the head of the SBU’s department for the protection of state secrets, Oleh Khramov.

This post was originally published on here. 

Canada’s Federal Court ordered on Tuesday that previously redacted sections of a 1986 report be disclosed, following the longstanding efforts of B’nai Brith Canada to make the entire document public.

The report, written by historian Alti Rodal for the Commission of Inquiry on War Criminals in Canada, concerns how alleged Nazi war criminals and collaborators settled in Canada after the conclusion of WWII.

According to Rodal’s report, Nazi war criminals and their collaborators had undergone inadequate security screenings upon arriving in Canada, as Canadian authorities had been more concerned with identifying communist spies.

While much of the report is already public record, important sections have remained redacted.

“It is a scandal that, during a time when Canada maintained severe restrictions on Jewish immigration to this country, it facilitated the entry of perpetrators of Nazi crimes,” said Simon Wolle, B’nai Brith Canada’s Chief Executive Officer. “Canadians have a right to know the truth about not only Canada’s actions but the US’s covert efforts to sneak ex-Nazis into Canada after the Second World War.”

Alti Rodal’s 1986 report on Nazi war criminals in Canada, September 4, 2026. (credit: B’nai Brith Canada)

“This Federal Court decision paves the way for accountability and transparency, basic requirements for Canadians to maintain trust in our democratic system of governance.”

“B’nai Brith will continue its fight for the Government to unseal remaining records concerning Nazi war criminals in Canada and the Deschênes Commission,” he said.

Wolle thanked lawyers David Rosenfeld and Michael Wenig, and Professor Jared McBride from the University of California, Los Angeles (UCLA) for their work in the case and support of B’nai Brith.

LAC releases sections of report at B’nai Brith’s request

In February 2024, Library and Archives Canada (LAC) released additional redacted sections of the report to B’nai Brith following an Access to Information request from the organization.

The version of the report released in 2024, however, retained several redactions across seven pages in one section, as well as file numbers from 14 of the endnotes.

The redacted section discusses Canada’s discovery of a covert US intelligence program aimed at resettling Nazis and Nazi collaborators in Canada by evading proper security screenings.

Justice Simon Fothergill, who made the Thursday ruling to release the sections, rejected LAC’s argument that releasing certain additional sections would harm Canada’s international affairs, noting that it had failed to provide sufficient evidence of such a case.

Fothergill noted that the public’s “opportunity… to become better informed about Canada’s history nourishes public debate and strengthens our democracy.”

Canada’s government has 30 days to appeal the decision.

This post was originally published on here. 

OpenAI said on Thursday it would commit $1 billion in subsidized access to its AI cybersecurity tools, training and technical support for organizations that protect critical services, as concerns grow over increasingly sophisticated AI-enabled cyberattacks.

OpenAI has faced increased scrutiny since its own AI agent breached systems at open-source platform Hugging Face during a July test and attempted to hide its actions. Similar concerns have emerged at rival Anthropic. Both firms are preparing for mega IPOs.

OpenAI on Thursday, alongside the cybersecurity initiative, also unveiled Astra, a new AI model it described as its most capable yet but said can at times attempt to evade human monitoring.

The initiative, called “Daybreak for Frontline Defenders,” will initially focus on US operators of essential services including water utilities, electric grid operators, state and local governments, community banks and nonprofits, with plans to expand to partner countries in coming weeks, the company said.

This comes as OpenAI, Anthropic, Microsoft, Alphabet, and Amazon last week joined more than 100 companies in warning that time is running short to strengthen cyber defenses before AI-driven attacks become more widespread.

OpenAI, the creator of ChatGPT. (credit: SHUTTERSTOCK)

AI-enabled cyberattacks becoming more widespread, sophisticated

“In the coming months, AI-enabled cyberattacks will become far more widespread and sophisticated as models around the world become increasingly capable,” OpenAI said on Thursday.

“Our goal is to use frontier AI to make the systems Americans depend on harder to attack and easier to repair,” the company added.

OpenAI said in August it is slowing down the pace of its AI model development while it overhauls its research and training systems.
 

This post was originally published on here. 

The management of Jerusalem’s Basimta Cafe decided that the establishment will remain closed on Saturdays amid weekly haredi (ultra-Orthodox) protests against its Shabbat operations.

According to the cafe’s management, the decision to stop operating on Saturdays was made with a heavy heart, after the establishment became a focal point of friction in recent months. It explained that continuing the situation was not consistent with the identity and values they seek to promote at the venue.

“This is a difficult and painful decision that stems from a deep responsibility toward our customers, our faith and Israeli society as a whole,” said CEO of Jews for Jesus Eli Birnbaum. “The cafe has become, over the past several months, a focal point of friction and danger, a reality that contradicts our identity as Jews who believe in Jesus and our belief in love for others, respect, and bringing people closer together, even with those who oppose us.”

He thanked the police, the Jerusalem Municipality and those who came to support the cafe in recent weeks.

“Now we are asking to return Basimta Cafe to what it was intended to be: a calm, pleasant and open place for coffee, culture and dialogue,” he said.

Ultra-Orthodox protesters demonstrate against a cafe operating on Shabbat and clash with Israeli police, while secular protesters hold a counter-demonstration in support of the cafe in central Jerusalem, August 8, 2026.  (credit: OREN BEN HAKOON/FLASH90)

What coercion looks like

Following the announcement, The Democrats party chair Yair Golan decried the decision as one made as a “result of haredi terror,” in a post on X/Twitter. “A coffee shop in an alley just wanted to do something simple: open on Shabbat in Jerusalem. Not to force anyone to desecrate Shabbat, not to change anyone’s way of life. Just to allow those who choose to drink coffee on Shabbat in their city.”

“For weeks, they subjected it to terror, violence, protests, and threats, until it gave in and decided to close.”

“That’s what coercion looks like,” Golan said. “And if we don’t stop it, it will continue to the next coffee shop.

“We The Democrats respect the Shabbat of those who choose to observe it. And we demand exactly the same respect for our Shabbat. Jerusalem belongs to all of us. Israel belongs to all of us.”

He affirmed that should he and his party be elected into the next government, “we will protect the freedom to live here as Jews, as seculars, as traditionalists, and as religious, each in their own way.”

“A business that wants to open on Shabbat in a place where the law allows it, will open. Whoever wants to observe Shabbat, will observe it,” he said. “We don’t ask permission for our freedom. We defend it. We fight for it. And that’s exactly what we’ll do. Because without the Democrats, there won’t be true democracy.”

Yisrael Beytenu leader MK Avigdor Liberman echoed Golan’s sentiment in his own X post.

“Israel 2026,” Liberman said. “Drinking coffee on Shabbat – forbidden. Hating, attacking, and rioting on Shabbat – permitted.”

“This is not our Judaism. We will not yield to the evaders, we will not allow the State of Israel to be turned into a State of Halacha. Live and let live. Without coercion.”

Protests began in early July

The protests began on Saturday, July 4, when dozens of haredi demonstrators, many of whom were reportedly minors, descended on the cafe in four separate waves, surrounding the building, banging on its windows, and overturning tables.

On August 22, haredi demonstrators set up barricades around the cafe in an attempt to prevent patrons from entering, as security footage showed at the time.

Also in August, a 75-year-old man was arrested after he vandalized the cafe with spray paint, as well as damaging the restaurant’s lock and throwing garbage at it.

In response, secular Israelis have conducted counter-protests against the haredi activists, with Liberman having joined Basimta Cafe supporters earlier in August.

This post was originally published on here. 

For six months between March and August, the Dutch central bank quietly shifted 86 tons of gold out of New York and Ottawa to London, saying the move made it “better prepared for serious crises.”

Confirming the action yesterday, the De Nederlandsche Bank (DNB) stated that the decision had been made “due to the increasing geopolitical unrest” and therefore wanted to improve the “tradability” of Dutch gold.

“Gold stored in London at the Bank of England … is considered the most easily tradable gold in the world,” wrote DNB. “This makes it the fastest way for DNB to deploy in a crisis situation. The part of the gold stock located in New York and Ottawa is less directly deployable.”

The DNB hasn’t reallocated all of its gold reserves outside North America—of the 612 tons it holds, 18.5% remains in New York and Ottawa.

But the situation wasn’t lost on economists in the current climate, in which a series of actions by the U.S. Treasury has—intentionally or not—drawn attention to the increasing risk premiums in the Treasury market.

As UBS’s Paul Donovan remarked this morning: “One reason U.S. Treasury Secretary Scott Bessent was reported to have intervened in the support of the yen in the past was the desire to prevent Japanese investors rushing for the exit of the U.S. Treasury bond market. While this was going on, the central bank of the Netherlands was apparently rushing to the exit of the New York Federal Reserve with as much gold as it could carry stuffed into its pockets.”

The move to improve liquidity of gold is “not normal behavior,” added Donovan, continuing: “The direct market impact is nil, the gold is still held as gold, and gold held in London is traded in dollars, so there’s no change in the foreign exchange markets directly.

“But, even allowing for the fact that central banks’ gold holdings tend to represent some of the most conservative and risk-averse decisions one can find anywhere, the signals around trust and the international reputation of the United States are quite dramatic.”

Risk profile

In March, the Banque de France—France’s central bank—also announced it had sold 129 tons (or 5% of its total gold holdings) in New York and had instead purchased gold in Europe. The DNB followed a similar path, selling the majority of its U.S. gold and repurchasing it closer to home, rather than physically moving it.

While the French central bank did not make any suggestion that its 2025 decision was due to geopolitical risk and liquidity (rather, it referenced wanting to bring the purity of its gold holdings to over 99.99%, and the U.S. stock was below that), any suggestion that hackles are raised over the risk profile of the U.S. is unhelpful to the nation’s borrowing.

While the Treasury Secretary said that his intervention into the Japanese yen last month was to help stabilize financial stability and trade in Asia, it also conveniently steadied the economy of one of its largest lenders. Bessent then announced a series of Treasury bond buybacks, which lowered elevated yields and eased financial conditions across the wider economy.

With U.S. national debt surpassing the $40 trillion mark a few weeks ago, questions about the country’s fiscal trajectory continue to mount. While there are no signs of a much-debated bond market “reckoning” at the moment, international banks moving their safest asset out of the U.S. raises questions about its longtime safe harbor status.

This story was originally featured on Fortune.com

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Costco Next, an online marketplace Costco members often regarded as one of the retailer’s most coveted hidden perks, has quietly disappeared from the company’s website. 

The service gave members up to 40% off on certain products not offered at its warehouses. The program featured items from a specific list of vendor partners, ranging from home goods and luggage to electronics.

Shoppers visiting the Costco Next online page are now met with a message: “Access to Costco Next storefronts is no longer available.” 

Costco said shoppers seeking to return items previously purchased through the program should contact the vendors directly. 

COSTCO’S LESSER-KNOWN MEMBERSHIP BENEFITS, EXPLAINED

“Please refer to the list below for contact information for vendors with active return policies. For eligible returns and warranty inquiries, contact the vendor directly,” the retail giant said. 

The program previously featured about 80 vendors, including Anker Electronics, Caraway, Travelpro and Priority Bicycles. In the program, shoppers who selected an offer through Costco’s website were redirected to a custom storefront on the vendor’s website, where they completed the purchase directly with the brand. 

Some shoppers said they noticed the closure on Sept. 1, with the move apparently coming without warning. 

“A real bummer for the deals,” one Reddit user said. 

COSTCO BRINGS BACK FAN-FAVORITE KIRKLAND TREAT AFTER TWO-YEAR ABSENCE

The decision came as the platform appeared to be gaining momentum.

During the company’s third-quarter 2025 earnings call on May 29, 2025, Costco Next’s quarterly sales equaled the platform’s total sales for the entire 2022 fiscal year. 

Nino Garcia, assistant general merchandise manager at Costco Next, previously said the concept was born in 2016 and took several years to fully materialize as the retailer refined the program. 

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“The Costco Next idea was born in 2016 but did not fully materialize until a few years later,” Garcia said. 

“There was a real learning curve as we developed the program, and there were a lot of refinements, from site improvements and product selection, to ensuring that every supplier understood the concept. In the end, Costco’s goal will always be the same: offering our members quality goods at a great value.” 

FOX Business reached out to Costco for more information.

This post was originally published here. 

President Donald Trump’s administration asked the Supreme Court on Thursday to let it enforce a new US Postal Service rule tightening the use of mail-in ballots, moving swiftly after a judge temporarily blocked the regulation ahead of the November midterm elections.

In an emergency request, the Justice Department asked the Supreme Court to lift Boston-based US District Judge Indira Talwani’s order temporarily preventing the USPS from enforcing the new rule, which it adopted following an executive order by the Republican president to restrict mail-in ballots.

The USPS regulation would impose new voter-specific data and ballot envelope standards, and potentially refuse the delivery of ballots that do not comply, which critics say could disrupt thousands of legitimate votes as the midterms approach.

Trump’s Republican Party is locked in a tight battle to retain control of Congress in the election two months away. Critics say restricting mail-in ballots would stand to disproportionately benefit Republicans given that Democratic voters traditionally have been more likely to use mail-in ballots.

It is the second time that the administration has turned to the Supreme Court as it defends Trump’s directive against legal challenges by states and voting rights groups. On August 24, the court lifted an earlier injunction imposed by Talwani in June blocking Trump’s order.

US President Donald Trump speaks while hosting a dinner in the Rose Garden at the White House in Washington. (credit: EVELYN HOCKSTEIN/REUTERS)

States must provide lists of mail ballot recipients

That decision, powered by the court’s 6-3 conservative majority, faulted a coalition of mostly Democratic-governed states for suing too soon, but left the door open to another challenge. The court’s three liberal justices dissented.

Under the new USPS rule, states must provide lists of mail ballot recipients to the postal service and use agency-approved outbound and return ballot mail envelopes outfitted with unique barcodes. USPS could then refuse to send out ballots that do not comply with the new standards or are associated with voters who do not appear on the lists.

Trump, who signed his executive order targeting mail-in ballots in March, has for years cast doubt on their security, although evidence of voter fraud is rare. Trump has made false claims of widespread fraud in US elections, including his 2020 loss to former Democratic President Joe Biden.

Democrat coalition challenged USPS rule

A coalition of mostly Democratic-governed states and Washington, as well as a number of voting rights groups, challenged the new USPS rule.

Talwani issued a temporary order on August 27 blocking the rule for 14 days, finding that it likely violates the US Constitution, under which the states administer elections, and would be impossible for the states to comply with given the rapidly approaching midterms.

The judge also held a hearing on Thursday to consider whether to issue a longer-term injunction.

This post was originally published on here. 

When doctors think about sticking an organ from another animal into a person, one of their many questions is about what might happen after they take that organ out. Would the patient produce antibodies that would complicate a human-to-human transplant later on?

The scientists at eGenesis didn’t think so, based on what they saw in primate studies. But now they have confirmation. On Thursday evening, the biotech company — one of a handful racing to develop xenografts, as these interspecies transplants are called — announced that two of its first recipients of genetically engineered pig kidneys have now successfully gotten organs from human donors. 

It wasn’t a seamless transition. In both cases, doctors removed the xenograft and the patient went back on dialysis for months before a human organ was available. But the fact that the two of them could spend the better part of a year not needing to be hooked up to tubes represented a milestone. The whole project of putting pig kidneys in humans is motivated by the fact that there aren’t enough human organs for everyone who needs them. Many die waiting. 

Continue to STAT+ to read the full story…

This post was originally published here. 

The FBI has seized more than $560,000 in cryptocurrency donations intended for Hamas, the Justice Department said Tuesday in announcing a disruption of financing for the militant group.

In addition to seizing cryptocurrency meant to support Hamas’ military wing, the department said that it had taken control of website domains and communication platforms used for fundraising and recruitment, and had obtained information about thousands of people who had contacted Hamas with a goal of giving money to the group.

“My message to Hamas is clear: your networks are not secure, your crypto is vulnerable, and we will not stop until your ability to wage war is defeated,” Jeanine Pirro, the U.S. attorney for the District of Columbia, said in a video statement announcing the operation.

According to FBI affidavits filed in connection with the seizures, Hamas began testing virtual currency fundraising in or around early 2019 through its Qassam Brigades, or military wing, and solicited donations on its Telegram channel and also used direct online fundraising. Hamas officials bragged that the currency would be untraceable and their websites offered instructions for how to make anonymous donations, the affidavits say.

A major investigative break arrived last year when FBI officials identified a financing network soliciting donations to the Qassam Brigades via virtual currency and a confidential source located in the United States alerted law enforcement to a Telegram post asking for contributions to an email address associated with Hamas.

Brett Leatherman, an FBI assistant director in charge of its cyber division, said the bureau would “continue to use its authorities to intercept illicit funds and prevent terrorist organizations from exploiting digital networks to finance their operations.”

Hamas officials could not immediately be reached for comment.

This story was originally featured on Fortune.com

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Pardon me from again borrowing from my G20 interview with Treasury Secretary Scott Bessent. Yet I really want to repeat my view that the most powerful news story, however unreported, is the emergence of an economic boom that is now cutting across every sector of the landscape.

And here is more of what Mr. Bessent said to me in response to my growthier point of view: “And as you said, the president’s policies have laid the groundwork for this economy. So we have regulatory certainty. The president tasked this administration with cutting the regulatory burden, and that’s part of what we’re talking about here today.”

That’s the important regulatory side of the economic boom. By the way, that includes drill, baby, drill, where we are now producing almost 14 million barrels of oil per day, which is an extraordinary number. Plus, record natural gas and liquefied natural gas exports around the world, where Trumpian policies have made America the energy capital of the globe.

And then there’s a tax policy that the press doesn’t really want to write about. Yet perhaps the single most underrated yet powerful policy, is the permanent restoration of 100 percent bonus depreciation to deduct the full cost of qualifying investments, immediately in year one. Anything, machinery, equipment, restaurants, tech startups; small businesses can deduct even more up front than ever before.

This is an enormous part of the AI boom and the data center construction boom, which like the factories of old, is creating massive new job opportunities in manufacturing for working folks, like carpenters, welders, electricians, and plumbers. And counter to the doomsday crowd, these data centers generate their own electricity, their own water systems, they pay more in taxes, and they allow localities to even cut property taxes along the way. And let’s not forget tax-free tips, tax-free overtime, and roughly $300 billion in individual refunds during the latest tax season.

Just today, we got new numbers on the productivity of nonfinancial companies, which is now running at 3.1 percent annually over the past two years, an unheard of accomplishment. Nothing like it since the 1990s. And the manufacturing indexes from the Institute for Supply Management are up for eight months in a row. While the service indexes are up 15 months in a row.

There is a boom out there, folks, and that’s the story that Secretary Bessent has been telling us. If only the press would listen.

This post was originally published here. 

Property delistings nationwide recorded a year-over-year decline toward the end of this summer, as sellers showed more patience than they did a year ago and a larger share were willing to cut prices, according to Realtor.com.
The August 2026 Monthly Housing Trends Report, released on Sept. 2, indicated that delistings declined 12.6 percent in August from a year earlier, following decreases of 8.3 percent in June and 4.7 percent in July compared with the respective months in 2025.
By contrast, the December 2025 Realtor.com report showed that delistings in June and July 2025 jumped by 48 percent and 57 percent, respectively, from the same months in 2024.
The report attributed the sharp rise in delistings last summer to elevated home prices, higher mortgage interest rates, and economic uncertainty. The average interest rate for a 30-year fixed-rate mortgage was around 6.6 percent to 6.8 percent during summer 2025, according to Freddie Mac….

This post was originally published here. 

A single juror in Lindsay Clancy’s murder trial is preventing the jury from reaching a unanimous verdict, her lawyer said in court on Thursday, after deliberations stretched into a sixth day over whether to convict the Massachusetts woman of killing her three young children.

Defense attorney Kevin Reddington made that statement shortly after the jury sent Judge William Sullivan in Plymouth, Massachusetts, a note that prompted him to re-instruct jurors on what would constitute “reasonable doubt.”

After the jury was sent back to continue deliberating, Reddington moved to have a holdout juror removed, saying a note from the jury’s foreperson indicated “there’s one juror who refuses to listen to the law that you’ve given him or her on reasonable doubt.”

“If we come back here in half an hour with a mistrial because of a juror that has just spurned the instructions of this court, it’s a shame,” Reddington told the judge, who declined to remove the juror.

The jury sent Sullivan a note a day earlier that said, “After much deliberation, we are still unable to come to a unanimous decision.” They sent a similar note on Tuesday. But on both days, the judge instructed them to continue deliberating.

Lindsay Clancy and attorney Kevin Reddington watch jurors in her murder trial as Judge William Sullivan asks them to continue deliberations, in Plymouth, Massachusetts, U.S., September 2, 2026.  (credit: Greg Derr/Pool via REUTERS)

Mistrial may be declared

If the jury does not reach a verdict and Sullivan declares a mistrial, prosecutors would need to decide whether to retry the case, which has included more than 80 witnesses and more than 300 exhibits.

Asked during a lunch break about his thoughts on the state of the deliberations, Plymouth County District Attorney Timothy Cruz told reporters outside the courthouse that “we’ll hang on and find out.”

On the question of whether prosecutors in his office would retry the case if it ended in a mistrial, Cruz said only: “I’ll talk when this is all over.”

Life in prison without parole if convicted

Clancy, 36, faces life in prison without parole if convicted of first-degree murder. If found not guilty by reason of lack of criminal responsibility, or reason of insanity, she could be committed to a state psychiatric hospital for evaluation.

She has admitted to strangling her three children to death on January 24, 2023, with exercise bands in the basement of their home in the Boston suburb of Duxbury. She then cut herself with a knife and jumped from a second-story window in an attempt to take ​her own life, which left her paralyzed.

During the six-week trial, defense attorney Kevin Reddington sought to convince jurors that Clancy was in the midst of a psychotic episode when she killed Cora, 5; ​Dawson, 3; and 8-month-old Callan.

Testimony from family members, including Clancy’s now ex-husband, Patrick, showed how she had struggled with her mental health in the months after the birth of her third child, repeatedly seeking treatment from healthcare providers ​who prescribed her a myriad of drugs.

Prosecutors do not dispute that Clancy, a former labor and delivery nurse at Massachusetts General Hospital, had been dealing with mental health issues.

But they argued she was able to appreciate the wrongfulness of killing her children and intentionally chose to do so anyway, opting to kill them because she had decided to kill herself and was convinced they would suffer without her.

This post was originally published on here. 

Israeli basketball has taken significant strides forward in recent years, thanks in large part to the success of Deni Avdija in the National Basketball Association.

His emergence as a star with the Portland Trail Blazers and his selection to last season’s NBA All-Star Game have shown a generation of young Israelis that reaching the world’s premier basketball league is no longer just a dream.

While Avdija was taking his first steps in the NBA with the Washington Wizards, Ben Saraf was developing his game in Europe before being selected by the Brooklyn Nets in the 2025 NBA Draft. The 20-year-old guard enjoyed a solid rookie campaign, appearing in 44 games and making 11 starts while averaging 7.5 points, 3.3 assists and 2.1 rebounds in 20.8 minutes per game.

Despite the challenges that come with adapting to the NBA, Saraf continued to develop his skills and became yet another role model for young basketball players across Israel.

Saraf, who also played in the NBA Summer League, returned to Israel to take part in a special event hosted by legendary YouTuber and sports analyst Pini Barel together with Foot Locker at Cinema City in Rishon LeZion. The event gave hundreds of fans the opportunity to hear firsthand about life in the NBA and meet one of Israel’s brightest basketball stars.

BROOKLYN NETS rookie guard Ben Saraf drives for a layup against fellow Israeli Deni Avdija of the Portland Trail Blazers during their teams’ duel in New York. (credit: Vincent Carchietta/Imagn Images)

Prior to the event, Saraf sat down with The Jerusalem Post to discuss his debut NBA season, his development as a player and what it means to be an Israeli and a Jew playing in New York City.

“It’s so much fun meeting the Israeli fans,” Saraf began as he spoke about the special program. “We haven’t really had events like this in Israel before, so it’s something special for the basketball culture here. I’m having a great time, and it’s amazing to see people wearing my jersey. That’s really exciting. I hadn’t been back to Israel for quite a while, so it’s always great to come home.”

Playing in the NBA is, of course, a dream come true for the modest Saraf, who played for teams in Netanya, Kiryat Ata and Ulm before landing in the United States, where he is teammates with fellow Israeli Danny Wolf and now competes in the same league as Avdija.

‘Bigger than basketball’

“I think the most exciting and emotional moment was the game where there were three Israelis playing together on the same court with all the Jewish fans in attendance. It was so much bigger than basketball. That was definitely the most powerful moment of my season.”

Being based in New York has allowed Saraf to spend time with the largest Jewish community outside of Israel, something he is taking full advantage of.

“It’s amazing. There are endless Friday night dinners. Even when I travel to other places, I meet many Israelis and Jews doing gap-year programs or volunteering, and I’m always invited over. That’s also true when it comes to Chabad houses across the country. I try to go whenever I can. I also visited a Jewish school in Cleveland to talk with the kids. It’s great. I really appreciate all that support.”

Saraf learned plenty during his first season in the NBA and gained valuable insight into the areas of his game that still need improvement. While he shot 39.6 percent from the field and 83 percent from the free-throw line as a rookie, the guard knows there is room to grow, particularly with his outside shot after connecting on 21.1 percent of his attempts from beyond the arc.

“During my workouts over the past few months, the Summer League and our team practices, I already feel like the game has slowed down for me a bit. You have to get used to the pace and understand better what’s expected of you. This summer, I’m focusing a lot on improving my shooting, getting stronger physically, learning how to take care of my body and how to prepare for games. Those are all things you learn during your first NBA season, and I’m happy about that.”

The national team remains a major priority for Saraf, as it does for virtually every Israeli basketball player. Although he would have liked to represent Israel during the recent World Cup qualifying window, obligations with the Nets prevented him from doing so. Still, there is little doubt that he sees a bright future alongside Avdija in blue and white.

“It’s a huge dream. Honestly, whenever I play for the national team, that’s when I enjoy basketball the most. Those tournaments are the most fun for me, and it’s always an incredible experience. I’m also really excited to watch the youth national teams. They’re doing an amazing job. I think we have a lot of talented prospects and that we can become a really strong national team in the future. I’m very excited about that.”

As for the upcoming season, Saraf has both personal and team goals he hopes to achieve.

“I think this year we want to win as many games as possible. Last season, there were more opportunities for the younger players, and I think that really helped all of us. But this year it’s about winning. Whoever helps the team win is going to play. So for me, it’s about earning minutes, earning the coaching staff’s trust and being as impactful as I can.”

For Saraf, there are also bigger dreams on the horizon.

“Making the playoffs is definitely a dream. I think this year our team has been built well, and I really believe we can do it. That’s our goal.”

Saraf also finished his rookie season on a high note. After spending part of the year in the G League, the 20-year-old responded with arguably the strongest stretch of basketball of his young NBA career. Over Brooklyn’s final four games, he averaged 17.0 points, 4.0 rebounds and 3.8 assists while logging more than 32 minutes per contest. The highlight of that run came when he scored 19 points in back-to-back games against Milwaukee and Indiana, showing the poise, confidence and playmaking ability that made him one of Europe’s most highly regarded prospects.

Saraf also experienced some adversity during his rookie campaign, including a stint in the G League. However, he viewed the experience as an opportunity rather than a setback and returned to finish the season strongly, averaging 0.9 steals per game while showing flashes of the playmaking ability that made him such a highly regarded prospect.

Carving a role with Nets

But his strong finish offered a glimpse of Saraf’s potential heading into his sophomore season and reinforced his belief that he can carve out a meaningful role with the Nets moving forward.

“It was really important for me to prove to myself that I was capable, even if I had to take a step back. I wanted to stay mentally strong, and I think by the end of the season I was playing much better and had some good games. But the goal now is to start next season already playing a meaningful role with the team.”

Being part of the NBA also gives Saraf a front-row seat to some of the league’s biggest storylines and blockbuster moves.

“I think every year it’s crazy, but ever since the Luka Doncic trade from Dallas to the Lakers, it’s on another level. It really shows that anyone can be traded from their team at any point. Even LeBron James is now in the Eastern Conference.”

While life in the NBA may be exhilarating, Saraf still misses some things from home.

“No question,” he smiled. “The beach, the fruit and the weather.”

See more Israeli sports coverage at www.sportsrabbi.com/en

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The Trump administration is proposing a new rule that would strip private schools and colleges of their tax-exempt status if they provide targeted help to students based on their race, a significant escalation in the White House’s campaign to eradicate diversity programs directed at Black, Hispanic and other minority students.

The Treasury Department proposed the change Thursday in a new regulation that, if made final, would kick in after May 2027. The rule is broadly aimed at ending any policies or programs that help students because of their race, and it specifically says such benefits in admissions, scholarships and facilities “would be incompatible” with the rule.

It’s the latest attempt by the Trump administration to pressure schools and colleges to weed out diversity, equity and inclusion policies that had become common before President Donald Trump returned to the White House with a promise to end them. Trump officials have used Civil Rights-era laws to unwind the policies, saying they discriminate against white and Asian American students.

Higher education leaders criticized the proposal.

“The administration’s latest rules changes are its most blatant attack to keep working class Americans and people of color from accessing higher education and a better life,” Mike Gavin, Alliance for Higher Education president and CEO, said in a statement. “By claiming that efforts to increase fair opportunity for all students are discriminatory, the administration is trying to gaslight the American people into believing that up is down and black is white.”

Thousands of colleges could be affected

Scores of universities have shut down or rebranded their DEI offices and ended scholarships and clubs designed for minority students under pressure from the White House. In a statement announcing the proposal, Treasury Secretary Scott Bessent suggested that even policies that are no longer under the banner of DEI could be targeted.

“Schools rebranding race-based preferences as equitable, inclusive, or diversity-enhancing does not change their discriminatory nature,” Bessent said.

The Treasury Department and IRS estimate that up to 18,000 private schools, colleges and other education institutions could be affected by the proposal.

America’s private universities have been exempt from many taxes for more than a century because they provide a public good. The benefit saves many universities millions of dollars every year.

Trump has seen the tax-exempt status as a lever to pull in his pressure campaign against colleges that he describes as hotbeds of “wokeness.” He threatened to cut the benefit for Harvard University last year during his battle with the nation’s oldest college. In a response, Harvard officials said there was no legal basis for doing so and argued it would force cuts to financial aid and crucial medical research.

In the 1970s, a college lost tax-exempt status over a ban on interracial dating

It’s incredibly rare for the federal government to go after a college’s tax-exempt status, but there’s one notable precedent. Bob Jones University, a small Christian school in South Carolina, lost the benefit in the 1970s over a ban on interracial dating and marriage on campus. The Supreme Court upheld the IRS’s decision to deny the school its exemption. The school has since ended the ban and regained tax-exempt status in 2017.

Laws forbid the IRS from targeting individuals and organizations for ideological reasons, and federal officials are not allowed to direct IRS investigations.

To maintain nonprofit status, which allows donations to be tax-deductible, organizations must follow IRS rules on lobbying, political campaign activity and annual reporting requirements, as well as other obligations.

The Trump administration describes the new proposal as a move toward restoring merit in the nation’s education systems.

Marjorie Hass, president of the Council of Independent Colleges, said the change would most likely impact donations, which are often earmarked for scholarships.

The uncertainty around the proposal also will create challenges for schools, said Tim Powers, a vice president of the National Association of Independent Colleges and Universities.

“Our institutions are committed to complying with applicable civil rights laws and maintaining safe and supportive campuses free from discrimination,” Powers said. “However, the proposed rule may create new compliance burdens and legal uncertainties for institutions of higher education that are already operating in line with existing nondiscrimination rules.”

The Justice Department has separately opened investigations into several medical schools that it accuses of favoring Black and Hispanic students in admissions. Trump officials say any such favoritism violates Title IV of the Civil Rights Act of 1964, a federal law that forbids discrimination in education and was created to fight segregation and its impact.

A statement from IRS Chief Executive Officer Frank J. Bisignano said private schools that promote discriminatory practices will no longer be exempt from taxes.

“Today’s proposed regulations put institutions on notice and schools that continue to engage in racial discrimination should expect to lose that status,” he said.

___

Associated Press Education Writers Annie Ma and Heather Hollingsworth contributed to this report.

___

The Associated Press’ education coverage receives financial support from multiple private foundations. AP is solely responsible for all content. Find AP’s standards for working with philanthropies, a list of supporters and funded coverage areas at AP.org.

This story was originally featured on Fortune.com

This post was originally published here. 

U.S. Markets — Wall Street Surges as Rate-Hike Fears Ease

Stocks staged their strongest rally of the week Thursday as investors pulled back from expectations that the Federal Reserve will raise interest rates at its September meeting.

The Dow Jones Industrial Average jumped 645.71 points, or 1.22%, to close at 53,707.66.

The S&P 500 gained 88.54 points, or 1.15%, to 7,755.14, while the Nasdaq Composite surged 410.31 points, or 1.57%, to 26,628.14. 

The immediate catalyst was Federal Reserve Governor Christopher Waller signaling that he could support leaving rates unchanged if upcoming inflation readings show price pressures easing. Markets cut the probability of a September rate increase to roughly 50% from 63% a day earlier. That development was already part of JBizNews coverage Thursday, but its impact dominated the closing numbers. 

Bond yields retreated with the 10-year Treasury around 4.75%, providing some relief to rate-sensitive stocks. Oil remained expensive, however: Brent crude settled at $95.52 a barrel, while U.S. crude finished at $91.30. 

For businesses, Thursday’s rally should not be confused with a sudden disappearance of inflation risk. Financing costs eased slightly, but energy remains expensive and new economic data showed businesses paying some of the fastest-rising service-sector input costs in years.

Economy & Main Street — Services Boom While Businesses Face a New Cost Squeeze

America’s enormous services economy accelerated unexpectedly in August.

The Institute for Supply Management’s services index climbed to 55.4 from 54.1 in July, comfortably above the 50 level separating expansion from contraction.

More importantly, new orders surged to 60.9, their highest level since February 2023.

That is a significant sign that consumer spending and business demand remain stronger than many feared.

But there was a problem buried inside the numbers.

The index measuring what services companies are paying for supplies and other inputs jumped to 72.6, its highest level since August 2022. 

That combination — strong demand and rising costs — is precisely what makes the Federal Reserve’s next decision difficult.

Businesses are still receiving orders, but inflationary pressures are not disappearing.

For restaurant owners, contractors, professional-service companies, transportation operators and countless other Main Street businesses, this can mean another period in which expenses increase faster than customers are willing to accept price increases.

Jobs — Employers Still Aren’t Firing, but They Aren’t Hiring Much Either

Only 206,000 Americans filed new unemployment claims last week, an increase of just 2,000 and still near the low end of this year’s range.

Continuing unemployment claims rose to 1.779 million.

The numbers reinforce what economists increasingly describe as a slow-hire, slow-fire labor market.

Companies are reluctant to conduct large layoffs, but they are also becoming much more cautious about adding workers.

Planned job cuts announced by U.S. companies increased 58% in August to 52,881, although that was still the lowest August total since 2022. 

There was one encouraging development for employers.

Revised government figures showed nonfarm worker productivity rose at a 1.4% annualized rate during the second quarter, while unit labor costs increased only 1.2%.

Manufacturing productivity rose an even stronger 2.4%, while manufacturing unit labor costs actually declined 0.3%. 

That matters because greater productivity allows companies to produce more without increasing labor expenses at the same rate.

If artificial intelligence and automation eventually deliver the productivity improvements businesses are investing billions of dollars to achieve, that could become one of the most important forces helping control inflation over the next several years.

Trade — U.S. Deficit Jumps 24% as Companies Import Record Capital Equipment

The U.S. trade deficit widened 24.4% in July to $88.6 billion.

Imports climbed to $399.3 billion, including a record $140.3 billion of capital-goods imports as companies brought in computers, semiconductor equipment and other machinery tied partly to the enormous AI infrastructure buildout.

Exports, meanwhile, declined to $310.7 billion. 

This is an important economic story because the investment boom is clearly real — American businesses are buying enormous amounts of equipment.

But much of that equipment is still coming from overseas.

Despite aggressive tariffs designed to reduce America’s dependence on imports, the United States recorded record goods deficits with several major trading partners during July.

The widening deficit could also subtract substantially from third-quarter economic growth after trade already reduced second-quarter GDP growth by more than a percentage point.

For businesses, the message is mixed: capital spending remains strong, particularly around AI, but the reshoring of the supply chain remains far from complete.

Technology & Cloud — Microsoft Finally Reveals How Big Azure Really Is

For years Microsoft told investors how quickly Azure was growing without revealing precisely how much revenue the cloud business produced.

That has now changed.

Microsoft disclosed that Azure generated $29.4 billion in its latest quarter and $101.9 billion during its fiscal year ended June 30.

That puts Azure behind Amazon Web Services, which recently generated $42.2 billion in quarterly cloud revenue, but ahead of Google Cloud’s $24.8 billion. 

Microsoft is also reorganizing how it reports its entire business.

Instead of three traditional operating divisions, it will increasingly divide the company between “Agents and Infra” — encompassing cloud computing, AI and business software — and “Devices and Consumer,” which includes Windows, Xbox and advertising.

That accounting change says something important about where Microsoft believes its future lies.

The company no longer wants investors thinking primarily about Windows, Office and Xbox as separate franchises. It increasingly wants Wall Street measuring Microsoft as an AI and cloud infrastructure company.

Why it mattered today: Investors finally have a direct dollar figure against which they can judge whether Microsoft’s enormous spending on data centers, chips and AI infrastructure is translating into actual Azure revenue.

And at more than $100 billion annually, Azure is already one of the largest standalone technology businesses in the world.

Banking & Fintech — Revolut Moves Closer to Becoming a Full U.S. Bank

British financial-technology giant Revolut received conditional approval for a U.S. national bank charter, moving it much closer to competing directly with traditional American banks.

Revolut has approximately 80 million customers worldwide and plans to establish its U.S. bank in Stamford, Connecticut.

The company expects to inject about $95 million in capital and aims to launch the bank during the first half of 2027, pending additional approvals from the FDIC and Federal Reserve.

Its planned products include checking accounts, installment loans, credit cards, foreign exchange services and eventually a stablecoin. 

This is bigger than another banking license.

Fintech companies spent years building apps that sat on top of the traditional banking system. Revolut is now moving directly into the banking business itself.

That means traditional banks — particularly institutions competing for younger customers, international businesses and digital-first consumers — could face another enormous competitor.

It also brings stablecoins one step closer to mainstream financial services.

Trade & Equipment — New Drone Tariffs Take Effect Today

A major new U.S. tariff regime on imported commercial drones took effect Thursday.

Beginning at 12:01 a.m. September 3, the United States imposed a 100% tariff on certain larger drones, drones equipped with thermal-imaging technology, docking stations and designated critical components.

Certain smaller imported drones are subject to a 25% tariff.

Products meeting specific origin requirements from the European Union, Japan, South Korea, Taiwan, Switzerland and Liechtenstein can face rates no higher than 15%, while qualifying British products can receive a 10% rate. 

The administration argues that America has become dangerously dependent on foreign drone manufacturers and components and wants the tariffs to accelerate domestic production.

But the business impact goes far beyond defense contractors.

Drones are now routinely used by construction companies, roofers, utilities, agriculture businesses, telecommunications companies, surveyors, real-estate operators, infrastructure companies and emergency services.

For companies buying specialized imported equipment, particularly larger or thermal-imaging drones, acquisition costs could change dramatically beginning today.

Domestic drone manufacturers stand to benefit from protection against foreign competitors, but even American manufacturers rely heavily on imported motors, batteries, electronic controls and other components.

So the transition may create higher costs before a larger domestic supply chain develops.

Main Street Retail — Convenience Stores Warn New SNAP Rule Could Force Thousands Out

A federal food-assistance rule scheduled to take effect November 4 is creating a significant issue for convenience-store operators.

Nearly 250 stores and several major trade associations are asking the Agriculture Department to delay enforcement, warning that thousands of stores could otherwise stop accepting SNAP food benefits.

Under the new requirements, participating retailers must carry at least seven varieties in each of four staple categories: dairy, fruits or vegetables, grains and protein.

Stores that fail to comply can lose their authorization to accept SNAP. 

More than 117,000 U.S. convenience stores currently participate in SNAP, representing nearly half of all SNAP-authorized retailers.

Operators say they need additional time to locate products, negotiate with distributors, adjust shelf space and determine how to handle fresh foods that can spoil much faster than traditional convenience-store inventory.

Major chains including outlets of 7-Eleven, Wawa, Sheetz and RaceTrac joined smaller operators in seeking a six-month delay after the government issues additional guidance. 

Why it mattered today: This is a textbook example of a regulation that can sound relatively simple in Washington but become expensive at store level.

For small operators, carrying more perishable inventory means refrigeration, shelf space, additional deliveries and spoilage.

For consumers, particularly people working overnight shifts or living in communities without nearby supermarkets, losing SNAP access at convenience stores could substantially reduce where they can buy food.

Transportation — Autonomous Trucking Heads Back to Wall Street

Autonomous-trucking software developer PlusAI agreed to go public through a SPAC transaction valuing the company at approximately $800 million before new investment.

The transaction could provide PlusAI with about $300 million in additional capital.

Its SuperDrive system is designed to operate commercial trucks at Level 4 autonomy, meaning vehicles can drive without human intervention under defined operating conditions.

The company is targeting commercial deployment beginning in 2027 and is already operating autonomous freight routes in Texas with transportation partners. 

PlusAI says its development platform has generated $25 million in revenue and it is targeting between $40 million and $50 million of contracted revenue during 2026.

Why it mattered today: Autonomous trucking is moving from years of demonstrations toward an actual commercial-business model.

Trucking is one of the largest expenses in the American supply chain. If autonomous trucks can operate longer hours while reducing labor requirements, the technology could eventually lower freight costs for retailers, manufacturers and distributors.

But investors are again being asked to put substantial valuations on companies whose commercial autonomous operations remain very small.

That makes PlusAI another test of whether public markets are ready to finance the next stage of autonomous transportation.

Global Autos — Volkswagen Says Up to 50,000 Jobs Could Go

Volkswagen’s supervisory board approved a sweeping restructuring plan Thursday that could ultimately eliminate around 50,000 jobs across the company, including management positions.

The automaker said existing cost-cutting programs are no longer enough and that a broader adjustment to its global workforce is necessary.

It did not specify exactly where or when all the cuts would occur. 

Volkswagen pointed to changing demand, technological disruption and growing global competition.

The significance extends beyond one automaker.

Traditional manufacturers are being forced to finance electric vehicles, battery platforms and increasingly expensive vehicle software while simultaneously defending market share against Chinese manufacturers and newer competitors.

A restructuring involving roughly 50,000 positions at one of the largest automakers in the world shows just how disruptive that transition has become.

Suppliers, factories and entire manufacturing regions that depend on Volkswagen could ultimately feel the effects.

After the Bell — Lululemon Cuts Its Outlook Again

Lululemon delivered another warning about the premium consumer immediately after Thursday’s closing bell.

The athletic-apparel company now expects full-year revenue to fall between 5% and 7%, substantially worse than its previous forecast for sales ranging from flat to down 1%.

It also reduced its expected earnings to $9.48 to $9.73 per share, down from its previous range of $10.95 to $11.15. 

Incoming CEO Heidi O’Neill is inheriting a company facing both softer consumer demand and increasingly aggressive competition from younger athletic and lifestyle brands.

Why it mattered today: Lululemon built one of retail’s strongest premium brands by convincing consumers to pay substantially more for apparel.

If even those customers are becoming more selective, it is another indication that discretionary spending is becoming harder to capture.

It also shows that the consumer slowdown is not limited to lower-income households or discount retail.

Key Market Movers

Company

Thursday Move

What Happened

Snowflake

+20.2%

Strong revenue outlook reignited enthusiasm for enterprise AI and cloud software

Robinhood

+16.1%

Crypto-related stocks rallied alongside bitcoin

Strategy

+15.0%

Bitcoin rebound lifted crypto-linked shares

Coinbase

+10.3%

Cryptocurrency markets rebounded

Nvidia

+2.6%

Investors reacted to its Hugging Face acquisition

Broadcom

-3.7%

Revenue guidance failed to meet extremely high AI expectations

The contrast between Snowflake and Broadcom was important.

Investors remain willing to reward companies benefiting from AI spending very aggressively — but expectations have become so high that even strong growth can produce a selloff when forecasts fall slightly short. 

What to Watch Friday, September 4

The most important economic report of the week arrives Friday at 8:30 a.m. ET, when the Labor Department releases the official August employment report. The Bureau of Labor Statistics confirms the September 4 release time. 

Economists surveyed by Reuters expect the economy to have added approximately 56,000 jobs in August, following a 23,000 decline in July, with unemployment remaining around 4.1%. 

That report could reverse Thursday’s entire interest-rate move.

A substantially stronger jobs number would give the Fed more room to concentrate on inflation and could quickly revive expectations for a September rate increase.

A weak report — particularly another negative payroll number — would raise a very different concern: that the labor market is deteriorating faster than investors realized.

Friday is also the final U.S. trading session before the Labor Day weekend, with U.S. equity markets closed Monday, September 7.

That makes Friday afternoon positioning especially important.

Investors will be heading into a three-day weekend with Brent crude still above $95 and the Middle East conflict capable of producing a major oil-price move while U.S. markets are closed.

Bottom Line

Thursday produced exactly the kind of contradiction businesses and investors are confronting heading into the fall.

Wall Street rallied because investors became less afraid of another immediate rate increase. But the economic data simultaneously showed strong service-sector demand, the highest service input-cost pressures in years and continued expensive energy.

At the corporate level, money is still pouring into cloud computing, AI infrastructure and autonomous transportation, while consumer businesses and global manufacturers are being forced to restructure, cut forecasts and rethink costs.

For business owners, the economy is not signaling recession.

It is signaling something potentially more complicated: demand remains alive, but labor, energy, financing, regulation and imported equipment remain expensive.

Friday’s jobs report will tell investors whether Thursday’s relief rally has a foundation — or whether another major repricing of interest rates begins before the long weekend.

JBizNews Desk | Wall Street

© JBizNews.com All Rights Reserved. Reproduction or distribution without written permission is prohibited.

Ionis Pharmaceuticals on Thursday received Food and Drug Administration approval for the first disease modifying therapy for Alexander disease, a rare and deadly neurological condition.

The FDA approved the drug, Zanvastro, for use in children and adults after a pivotal trial showed that walking speed, a common measure of motor function in neurologic disease, stayed stable in treated patients while those in the control group saw a 33% decline. 

The study also contained hints that treating young children can improve motor function, not just stabilize it. Researchers found that the drug was generally safe, with serious adverse events more common in the control group than among those treated.

Continue to STAT+ to read the full story…

This post was originally published here. 

The Chinese government is pressing for answers after a Chinese man died hours after being taken into custody by U.S. Immigration and Customs Enforcement in a U.S. territory.

Lianyong Wei, 51, died Aug. 23 at a hospital in the Northern Mariana Islands, ICE announced in a news release Tuesday.

Wei was arrested Aug. 21 by the Northern Mariana Islands Department of Public Safety on criminal charges stemming from an alleged assault on a family of five at their home, according to ICE. He was taken into ICE custody the next day pending removal proceedings.

ICE said a guard at the lockup in Saipan found Wei unresponsive during routine morning checks on Aug. 23. He was taken to a hospital emergency room, where he was pronounced dead after “life-sustaining interventions were initiated,” the agency said, noting that the cause of his death is under investigation.

Wei entered the U.S. territory in February 2019 and was authorized to stay for two weeks, according to ICE. U.S. authorities began removal proceedings in July 2026, and Wei’s next hearing had been scheduled for this month.

The Chinese Consulate General in Los Angeles said it had been notified of Wei’s death.

“We have expressed serious concerns to the relevant U.S. authorities over this incident and required a timely and thorough investigation into the cause of Mr. Wei’s death, notification of the findings, measures to prevent any recurrence of similar incidents, and assistance to the family of the deceased in handling the aftermath,” the consulate said in a statement.

Wei is at least the fifth Chinese national who has died in the custody of ICE or the U.S. Border Patrol since March 2025, according to tracking by The Associated Press. Two of the first four deaths have been ruled suicides and the other two were the result of medical complications.

At least 57 ICE detainees have died since President Donald Trump returned to office in January 2025, a death rate that has alarmed public health experts, advocates for immigrants and the Mexican government.

ICE hasn’t said whether Wei received the medical intake screening, which the agency promises to detainees within their first 12 hours in custody. Medical experts say a thorough screening is critical to preventing deaths.

It’s unclear why it took ICE more than a week to acknowledge Wei’s death, which was announced by authorities in the Northern Mariana Islands on Aug. 24. ICE has said it aims to issue a news release on detainee deaths within two business days.

The lockup in Saipan has held an average of 18 ICE detainees on any given day this year, according to ICE data. Roughly 50,000 people live in the Northern Mariana Islands.

“Following this incident, the Department is reviewing relevant procedures and will implement any necessary corrective actions to strengthen prevention and response measures,” Northern Mariana Islands corrections commissioner Anthony Torres said in a statement.

This story was originally featured on Fortune.com

This post was originally published here. 

Welcome to Eye on AI. Emily Forlini here, filling in for Beatrice Nolan. In today’s issue:

  • Nvidia will purchase open-source AI platform Hugging Face for $13B
  • OpenAI debuts GPT-6 Astra model
  • Google debuts Gemini 3.8 Flash model
  • ChatGPT experiences second outage in three days—and Claude, Grok also go down

Reporting on AI every single day has admittedly made me bit numb to the astronomical sums of money flowing into the industry, but today my eyes did a cartoonish pop when I saw how much Nvidia is buying Hugging Face for.

“Nvidia has agreed to acquire Hugging Face for $12,930,300,000,” a blog post said. While it’s not the biggest sum we’ve seen in the AI industry, it’s quite the startup exit for Hugging Face. The company was founded in 2016 by three French entrepreneurs living in New York City, who named it after the 🤗 emoji. Over the next 10 years, it has grown into a trusted repository for AI developers.

“It’s been a wild ride for Hugging Face,” co-founder Thomas Wolf said on X. “We certainly did not anticipate, back in 2016, as a tiny team of scrappy underdogs, that the field would grow so much or that the impact we could have on it would become so massive.”

The deal also makes clear how important open weight models, like the ones Hugging Face hosts on its platform, are for the future of Nvidia’s business. As OpenAI, Microsoft, Amazon, Meta, and other closed-source AI heavyweights that have been major customers of Nvidia develop their own chips to reduce reliance on Nvidia GPUs, the company sees open-weight models as a core future revenue stream.

For Hugging Face, getting bankrolled by Nvidia could mean major growth for the platform. It currently has 18 million individual users and 200,000 enterprise clients, Nvidia told reporters today. “Our goal is is to get to 100 million AI builders in the next few next few years, and we think with the with the support of of Nvidia, we have more chances to get there faster,” Delangue said.

But while Nvidia and Hugging Face line their pockets, the individuals that created and listed models on Hugging Face haven’t seen a dollar.

“It’s unfortunate [Hugging Face] never found a way for us to monetize our creations,” Eric Hartford, creator of an open-weight model called Dolphin, Chief Scientist of lazarusaie.com, and the founder of quixi.ai tells Fortune. “If I got a dollar for every download of Dolphin I’d be rich.”

Hugging Face turned down Nvidia in the past. Why now?

Nvidia has had its eye on Hugging Face for years. It participated in the company’s 2023 Series D funding round, which valued Hugging Face at $4.5 billion, TechCrunch reports. Last year, Hugging Face turned down a $500 million investment offer from Nvidia last year that would have valued it at $7 billion, because the investment would have made Nvidia the company’s largest minority shareholder and the founders wanted the platform to keep its independence, according to The Financial Times.

So, why did they agree to the deal now? In a briefing with reporters today, Hugging Face CEO and co-founder Clément Delangue did not confirm the $500 million offer, and said previous reporting on the company’s fundraising can be “quite far from reality” since Hugging Face never publicly comments on it.

“The truth is that throughout the life of Hugging Face, we always got quite a lot of offers for acquisitions that we turned down in the past,” Delangue said. “I think this summer the planets aligned…we increasingly were convinced that Nvidia would be the perfect home for us, and so our confidence grew tremendously, and we decided that it was the best thing to do for Hugging Face, but also for the field and for AI in general.”

He’s likely referring in part to a letter Nvidia CEO Jensen Huang signed on the importance of open weight models, which became his first X post. “Open models strengthen safety and cybersecurity, accelerate innovation and diffusion, and enable sovereignty,” the letter said.

Also this summer, Hugging Face gained more mainstream name recognition after OpenAI’s models hacked into its repositories during training. I have to imagine that boosted the company’s brand recognition, creating the perfect storm to coax a big offer out of Nvidia.

Can Hugging Face stay neutral, or will its models now favor Nvidia hardware?

Now, the big debate in the AI industry is whether Nvidia’s acquisition will subtly influence the open-source ecosystem to favor its hardware. Model creators could choose to build their models for Nvidia hardware, especially if that makes it easiest to launch them on Hugging Face and for others to use them.

Nvidia said Hugging Face “will remain an open platform” in which developers can freely choose the models, frameworks, and computing platforms that they want. “Nvidia compute will not be required to build on or deploy through Hugging Face,” the company said.

However, some say there’s already a suspicion that Hugging Face is subtly biased toward Nvidia, and the acquisition is likely to accelerate that tilt.

“Hugging Face runs a giant library called Transformers, which is the gatekeeper for model releases,” Hartford said. “Though they have had a natural bias for Nvidia due to its overwhelming popularity, they haven’t been unnaturally biased, or mis-incentivized. With Nvidia ownership that all changes. They will still be the gatekeepers, and they will be unnaturally incentivized to favor Nvidia and disfavor Nvidia’s competitors. Not because of a conspiracy theory, but [because of] the dynamics of ownership.”

Nvidia also offers its own open models and data on Hugging Face, and says it’s “the largest contributor” on the platform, offering “more than 500 models” and “more than 250 open datasets.” It could advertise these models on Hugging Face now, as the platform owner, and gain more users.

On a more optimistic note, all of this could be a good thing for the business world. Open-weight models offer more customization and transparency than closed alternatives from the likes of OpenAI or Anthropic. It’s possible this acquisition makes it easier for organizations that are open-source-curious to finally take the plunge, opening up new ways to use AI.

With that, here’s more AI news.

Emily Forlini
emily.forlini@fortune.com
@emilyforlini

This story was originally featured on Fortune.com

This post was originally published here. 

A private plane owned by a Satmar philanthropist left New York on Thursday morning, carrying two men most American Jews could not pick out of a photograph.

One leads a movement that regards the State of Israel as a religious error. The other spent the past month defending New York Mayor Zohran Mamdani against the charge of antisemitism.

They were flying to the Oval Office. The man who invited them is also someone most American Jews have never heard of.

His name is Martin Marks. He is 43, his title is Special Assistant to the President and Director of Jewish Engagement. According to Belaaz, the haredi (ultra-Orthodox) news site that broke the story, he made the calls himself and spent months on the arrangements. He has not commented publicly.

I want to write about him, not Satmar. Satmar’s position on Zionism has not moved since 1948 and is not news. What is new is that someone in the White House decided that this delegation was worth US President Donald Trump’s time in the week before Rosh Hashanah.

Orthodox Jews of the Satmar Hasidim in the village of Kiryas Joel, New York, US, May 25, 2016 (credit: REUTERS/MIKE SEGAR)

An unusual resume for the job

Marks – identified by The Jerusalem Post a year ago as one of the world’s most influential Jews – is the son of Lana Marks, the handbag designer who was US ambassador to South Africa in Trump’s first term. He advised his mother through her confirmation and then informally in Pretoria.

The Marks family has belonged to Trump’s Mar-a-Lago for decades, and it tells the story of joining when other Palm Beach private resort clubs would not take Jews.

Before all that, Marks wrote. He earned a bachelor of arts degree in writing seminars and Near Eastern at Johns Hopkins University; a master of fine arts degree at New York University, where he taught in the writing programs. He wrote humor in The New Yorker, had bylines in Vanity Fair and The Wall Street Journal, and was editor-at-large at The New York Observer.

After a rare spinal condition and about a dozen operations, he trained as a yoga instructor and opened a studio in Palm Beach. He filed for a Florida congressional seat in 2022, outraised his primary field, and withdrew when redistricting moved the lines. In 2024, he ran Jewish outreach for the Trump campaign.

None of that runs through the organized American Jewish world. He did not come up through a federation, a defense organization, or a denominational body, and he took the job without the reflexes those places install. That may be a defect. It may also be why he got it.

He has done real things in the role. Nathan Diament of the Orthodox Union credited him with unfreezing security grants for synagogues and community centers. He put a Jewish student suing Harvard on the Republican convention stage. He organized the president’s visit to the Ohel on the first anniversary of the October 7 massacre. This is not a man with a grudge against Israel.

There are about 7.5 million Jews in the United States. About 9% of Jewish adults identify as Orthodox. A 2025 study using census methods put the total American haredi population near 650,000, with some 150,000 households, and about 63% of them are hassidic.

The courts in the Oval Office on Thursday – the two Satmar factions, Bobov, Skver, and Vizhnitz of Monsey – plausibly account for 200,000 to 300,000 people directly.

Rabbi Malkiel Kotler’s reach through Beth Medrash Govoha in Lakewood, New Jersey, the largest yeshiva in the country, is real and impossible to count – maybe 3%-5% of American Jewry. Hassidic courts publish no membership rolls, so anyone offering a firmer number is guessing with more confidence than the data allows.

These are serious communities, and they are the fastest-growing part of American Jewry. They are not a cross section of it, and nobody in that room would say otherwise.

What the White House was buying

An administration official explained the guest list this way: The Faith Office brings believing Americans together to meet the president, and Trump has won close to 100% of the vote in these enclaves.

The second half is where the mistake is. These communities do not vote Republican. They vote transactionally.

Kiryas Joel is in New York’s 18th district, represented by Democrat Pat Ryan, and Satmar backed him. Its leader, Rabbi Aaron Teitelbaum, one of the two Satmar Rebbes, also endorsed Kathy Hochul for governor in 2022.

New Square, in Republican Mike Lawler’s 17th district, endorsed Lawler in 2024 after backing his Democratic opponent the cycle before.

Last month, a Kiryas Joel faction endorsed Mamdani, while Rabbi Zalman Leib Teitelbaum, the Satmar Rebbe in Williamsburg, publicly rejected the antisemitism charge against him.

A bloc that gives Trump 100% at the top of the ticket and supports Democrats underneath it is negotiating, and it renegotiates every cycle. If Marks read those margins as allegiance, he misread his own instrument.

Speaking to his students in Kiryas Joel on Friday night, Aaron Teitelbaum said he had nearly declined because of Elul, the month of preparation before the High Holy Days, and changed his mind because he remembered meeting a US president some 30 years ago and being able to help a Jew in trouble. He said he hoped to do the same again.

Days later, rabbis who serve Jewish inmates in federal prisons went to Williamsburg to ask Zalman Leib Teitelbaum to raise the situation of Jewish prisoners with Trump directly.

Put those side by side, and a purpose appears that has nothing to do with Israel. A president can grant clemency. A congressman cannot. It is the one thing a rebbe could carry home from Washington that nobody else can deliver.

Where I might be wrong

The strongest case against everything above is demographic. Nine percent of Jewish adults badly underestimates the Orthodox share of Jewish children. A White House that organizes Jewish access around concentrated, disciplined, growing communities is not misreading American Jewry. It is reading where American Jewry is going. In 20 years, Thursday may look less strange than it does now.

There is precedent, too. Trump hosted 14 Chabad rabbis in the Oval Office last September for about 20 minutes, and nobody objected, because Chabad is not anti-Zionist. So, the complaint this week was about ideology rather than narrowness, and we should say that instead of dressing it up as an argument about representation.

I have made the representation argument anyway, because I think both are true. The delegation was ideologically narrow and demographically unrepresentative, and the photograph taken in that room turns six religious authorities into American Jewish leaders in every wire caption that runs.

Not a Washington story

Reading this in Jerusalem, the easy move is to file it under American political theater and get back to the campaign. I would file it somewhere else.

The seat Marks occupies is small, and the man in it is new. But someone now sits at a desk in the Faith Office, deciding which Jews get the room, and he is sorting by religiosity and by votes that can be delivered.

Peoplehood is not one of the inputs. Neither is Zionism. Run American Jewry through that filter, and you get the six men who flew to Washington on Thursday, and you get them again next year.

The organized American Jewish center did not lose an argument this week. As far as I can tell, it was not in one. The loudest objections came from Laura Loomer and a New York radio host. The Conference of Presidents, the ADL, and the AJC said nothing at all.

The people who spent 70 years building the address for Jewish access to power did not notice it move. That is our problem, not Washington’s.

This post was originally published on here. 

Texas authorities rescued dozens of people from stranded cars, homes surrounded by floodwaters and an assisted living facility Wednesday as former Tropical Storm Edouard lingered over rural parts of the state and dumped nearly 2 feet of rain in some places.

Heavy rains from the storm, which weakened into a tropical depression after making landfall Tuesday, were expected to threaten the eastern part of the state through Thursday morning, the National Weather Service said.

Meanwhile, a burst of tropical weather persisted in the Pacific Ocean, where three hurricanes were churning in open waters.

In Texas’ hard-hit Hardin County, about 85 miles (137 kilometers) northeast of Houston, officials said flooding, downed trees and powerlines, debris, and power outages were still creating hazardous conditions.

Between 18 inches (45 centimeters) and 20 inches (51 centimeters) fell in parts of the county over the last two days, the weather service said. The average local monthly rainfall for September is just 5.51 inches (14 centimeters), said Nick Slaughter, a meteorologist with the weather service.

Across the area close to the Louisiana border, schools and municipal offices were closed, and residents were told to stay home.

Edouard downs trees, floods roads and leaves drivers stranded

Hardin County’s office of emergency management said Wednesday afternoon that 12 motorists had to be rescued after driving into flooded roadways, two people had to be rescued from a flooded home, about 10 structures were damaged by trees and thousands were still without power.

In Jefferson County, located about 80 miles (130 kilometers) northeast of Houston, the main concern was restoring power after trees and limbs were brought down during the storm, which had wind gusts up to 90 mph (144 kph), said Robert Grimm, the county emergency management coordinator. About 22,000 customers in the county were without power as of late Wednesday afternoon, nearly half of the 50,000 utility customers affected statewide, according to poweroutage.com.

Grady Leger said that as the storm moved through Hardin County on Tuesday evening, a powerline went down by his home near Lumberton, and he could feel the vibration coming up from the ground.

“Some blue and yellow, white sparks caught part of my dead tree on fire,” Leger said.

An assisted living facility was damaged in Hardin County, and 21 people were evacuated, according to Texas Parks and Wildlife, whose game wardens assisted. Photos from the agency showed some officials wading in thigh-deep water in parts of the county.

Edouard is expected to dissipate Thursday.

3 hurricanes are in the Pacific Ocean

Hurricane Marie strengthened from a tropical storm on Wednesday well offshore of southwest Mexico in the Pacific, the Miami-based National Hurricane Center said.

Swells generated by the storm were expected to affect parts of coastal southwestern Mexico and the Baja California peninsula over the next few days. They will likely spread to southern California over the weekend, the center said.

Hurricane Lowell, a Category 4 storm, was hundreds of miles south of Hawaii on Wednesday. It briefly strengthened to a Category 5 storm before weakening again, and it was expected to remain powerful over the next several days. Swells generated by Lowell are likely to affect portions of the Hawaiian islands beginning Wednesday, the center said.

Regarding Marie and Lowell, swells “are likely to cause life-threatening surf and rip current conditions,” the center said.

Elsewhere in the Pacific, Hurricane Karina strengthened into a powerful Category 4 storm. Forecasters said it should weaken over the next few days.

___

Stengle reported from Dallas. Associated Press journalists Anna Wilder in Austin, Texas, Kathy McCormack in Concord, New Hampshire, Dave Collins in Hartford, Connecticut, Julie Walker in New York and Hallie Golden in Seattle contributed to this report.

This story was originally featured on Fortune.com

This post was originally published here. 

The rules-based international order is under growing strain as authoritarian states seek to weaken its safeguards and reshape international rule to serve their own interests. Even the fundamental principles of peaceful settlement of disputes and prohibition against the threat or use of force, which are enshrined in the United Nations charter, have been openly challenged and flagrantly flaunted.

Today, the international community stands at a critical juncture. Either we act together to uphold justice, defend the rule of law, and maintain peace and security, or we watch the world order steadily crumble away, taking freedom, self-determination, and democracy with it.

There are few places where this choice is more starkly presented than in the first island chain of the Indo-Pacific. The region’s security has come under growing pressure from China, which continues to deploy gray-zone tactics – including military intimidation, cyber intrusions, and economic coercion – in an attempt to unilaterally reshape the existing rules and norms.

Standing on the front line of defense of freedom and democracy, Taiwan will continue to firmly uphold the status quo. However, preserving peace and stability in the region is not just in Taiwan’s interests. It is a shared concern of the international community.

The Taiwan Strait is one of the world’s busiest shipping lanes and a major artery for international supply chains. Its significance to global security and prosperity is reflected in statements from the G7 and other summits and ministerial-level meetings between Japan, the United States, the United Kingdom, Australia, New Zealand, and other countries. They make up a growing chorus of voices worldwide that underline the importance of cross-strait peace and stability.

Taiwan Foreign Minister Lin Chia-Lung (credit: Courtesy)

The integrity of the rules-based order is also being undermined by China’s deliberate misrepresentation of UN General Assembly Resolution 2758. Adopted in 1971, the resolution covers the question of China’s representation at the UN. The text does not mention Taiwan, determine its political status, or address its participation in the UN system. Yet China has conspired to conflate UNGA 2758 with the so-called “one China principle” and use the resolution to block Taiwan’s participation in the UN and other international organizations. If left unchecked, this distortion could set a dangerous legal precedent and serve as a pretext for future military action across the Taiwan Strait.

Taiwan as a force for good

Despite its exclusion from the UN, Taiwan is determined to act as a force for good. The strengths that Taiwan possesses in advanced manufacturing, disaster preparedness, and public health could contribute to the international community in many ways. 

Taiwan has pursued an integrated and value-added foreign policy based on strengthening democratic alliances, promoting collective security, and building economic resilience. Working with like-minded partners, Taiwan advances democracy, human rights, and freedom worldwide. As a leader in semiconductors, artificial intelligence, and technology, Taiwan is committed to building supply chains that are secure, resilient, and free from dependence on authoritarian regimes. 

Through its Diplomatic Allies Prosperity Project, Taiwan fosters coprosperity with its partners. Taiwan contributes its expertise and resources to technology-driven projects in cooperation with its diplomatic allies to address development challenges and enhance local capacities. Concrete examples include collaboration on an integrated healthcare information system with Paraguay, the construction of a strategic oil reserve facility in Eswatini, and collaboration with Palau National Hospital on smart healthcare. These initiatives have strengthened data management and efficiency, bolstered energy security, fostered industrial growth, and advanced sustainable development.

Khalilur Rahman, president-elect of the upcoming 81st UN General Assembly, has made restoring trust and managing institutional transformation the overarching themes of his presidency. Taiwan shares these objectives and stands ready to help realize them. 

Restoring confidence in the UN must begin with treating every member of the international community in a fair and just way. Transformation cannot be complete while a constructive and trustworthy member remains unjustly excluded.

We are calling on the international community to uphold the principles of inclusiveness, leaving no one behind, settling disputes peacefully, and neither threatening nor using force. These imperatives underpin the rules-based international order and should be applied consistently and without exception.

The free world needs Taiwan – and a stronger, more credible United Nations needs Taiwan’s meaningful participation. Working hand in hand with Taiwan will strengthen collective security, enhance economic and technological resilience, and build our shared capacity to withstand authoritarian pressure. Ensuring Taiwan’s meaningful participation in the United Nations is therefore essential to building a more inclusive, secure, resilient, and rules-based international order.

The writer is the Taiwanese foreign minister.

This post was originally published on here. 

Former prime minister and chairman of the B’Yachad party Naftali Bennett presented the main points of his foreign policy platform ahead of the elections on Thursday, placing the restoration of Israel’s standing among the American public, stronger ties with Washington, and Israel’s return as a central player in the Middle East at the heart of his plan.

“We have an organized plan of action to restore Israel’s standing among US citizens,” Bennett said, describing ties with the United States as “a decisive factor in our ability to win on the battlefield and especially in the diplomatic arena.”

He praised US President Donald Trump but criticized the government. “President Trump is the most supportive president we could have asked for, but currently he has no partner on the Israeli side for achieving diplomatic victories. In our government, he will have a partner for achievements, not a politician who puts obstacles in his way.”

Bennett described Israel’s situation as a “diplomatic emergency.”

“Three years after October 7, the IDF is winning on the battlefield, but victory has not been achieved,” he said.

Former Israeli prime minister Naftali Bennett attends a joint election campaign event with former Israeli prime minister Yair Lapid of their joint party on August 20, 2026 in Ramat Hasharon, Israel. (credit: GILI YAARI/FLASH90)

He argued that decisions concerning Israel’s future are currently being made outside Jerusalem and that “foreign leaders are making decisions about our future, hostile countries are shaping our borders.”

Bennett said that if he forms the next government, he would declare a “diplomatic emergency” and work to restore Israel’s standing.

Israel will return to ‘octopus strategy’ in Iran, Bennett pledges

On Iran, Bennett pledged to return to the policy he previously called the “octopus strategy,” under which Israel exacts a price directly from Iran rather than limiting itself to striking Tehran’s proxies across the region.

“We will continue the octopus strategy of exacting a direct price from Iran, and we will renew the plan to weaken the regime, which I initiated as prime minister and which was halted under the current government,” he said.

Regarding Gaza, Bennett said a government under his leadership would work to complete the disarmament of Hamas. He said Qatar and Turkey should be removed from the regional framework because, in his view, they “want what is best for Hamas,” and should be replaced by Egypt and other countries interested in disarming the terrorist organization.

“We will complete the mission in Gaza in which the outgoing government failed and bring about the dismantling of Hamas,” he declared.

On the northern front, Bennett proposed combining economic and diplomatic pressure on Hezbollah with continued Israeli control of the security zone as long as the terrorist organization remains armed.

“We will take advantage of the unique window of opportunity that has opened to secure significant achievements on the northern front,” he said.

Regarding Syria, Bennett added that Israel should work to reach security agreements that, he said, would also help distance Turkey from the area and secure recognition of Israeli sovereignty over the Golan Heights.

Bennett also presented a plan to integrate Israel into regional economic initiatives.

“A new Middle East is taking shape before our eyes, but instead of Israel being at the forefront, it is happening over our heads,” he said.

Bennett said the goal was to transform Israel from “a pariah state into a country through which everything passes,” in part through projects such as the India-Middle East-Europe Economic Corridor, which he said could bring hundreds of billions of dollars into Israel and strengthen its strategic standing.

Bennett: Netanyahu allowing possibility of Saudi nuclear development

On Saudi Arabia, Bennett set a red line regarding civilian nuclear development.

“In the next government, we will prevent, through diplomatic action, uranium enrichment on Saudi soil, which could lead to a dangerous nuclear arms race in our region,” he said.

He criticized Prime Minister Benjamin Netanyahu, claiming that Netanyahu was allowing such a possibility “even without a commitment to normalization.”

Bennett also addressed the crisis in Israel’s relations with Europe and said that he and Opposition Leader Yair Lapid were already working with European governments in an effort to delay measures against Israel. According to Bennett, some countries were prepared to postpone decisions until after the Israeli elections.

Finally, Bennett linked the restoration of Israel’s international standing to changes he believes are required within the country.

“External diplomatic power is based first and foremost on internal strength,” he said.

He criticized Netanyahu over remarks the prime minister made this week, which Bennett described as a “blood libel,” and concluded: “To carry out a diplomatic renaissance, we need to begin with an internal renaissance.”

This post was originally published on here. 

Spain’s Jewish umbrella organization and a watchdog group have reported that antisemitic incidents rose 14.5% in 2025, warning that hatred was being “normalized.” 

The Federation of Jewish Communities of Spain (FCJE) recorded 221 antisemitic incidents in Spain last year, up from 193 in 2024, in a report released Wednesday together with the Movement Against Intolerance (MCI), a Spanish human rights group. Spain is home to an estimated 40,000 to 70,000 Jews. 

The trend matches an increase in hate incidents documented by the Spanish government. Spain’s Interior Ministry said in June that Jews were targeted in 69 hate crimes and incidents in 2025, jumping from 37 in 2024. Data from the Interior Ministry reflects crimes that are formally reported or detected by police, while the FCJE monitors incidents collected from community members, social media, and other sources.

The new report came from the Observatory of Antisemitism, a joint initiative by the FCJE and the MCI to track antisemitism since Hamas’s attacks on Israel on Oct. 7, 2023, and Israel’s ensuing assault in Gaza. The initiative has followed incidents such as the vandalism of Holocaust memorials with swastikas, the desecration of Jewish graves, and the individual targeting of Jews, including a group of French tourists who were harassed and spat on in July while leaving a synagogue in Barcelona.

“Since October 7, 2023, Spanish Jews have had to go to our gathering places with special security measures,” FCJE president David Obadía said in a statement. “Our children are the only ones who go to school with a police presence, and insults and discrimination are part of our reality practically every day.”

Spanish socialists have now adopted  the radical Left’s position that Israel itself is illegitimate (credit: REUTERS)

María Royo, a spokesperson for the FCJE, blamed “campaigns against Israel” for the rise in antisemitic incidents. She told the Jewish Telegraphic Agency that some groups, saying Israel has committed genocide in Gaza, also “blame all Jews.”

“The security forces are doing everything within their power, but the government, politicians, media and opinion leaders could be much more rigorous and careful to prevent this situation,” said Royo.

Spanish PM Sánchez’s Gaza criticism fuels Israel tensions

Spanish Prime Minister Pedro Sánchez is among Europe’s most vocal critics of Israel, which he says has committed genocide. The Israeli government has repeatedly said the Spanish government is antisemitic, an accusation that Spain strongly rejects. 

Esteban Ibarra, the president of the MCI, said in a statement that antisemitism should be distinguished from debates about Israel. 

“Antisemitism is not an opinion or a political disagreement: it is a form of hatred and discrimination against Jews,” said Ibarra. “When it is tolerated, normalized, or minimized, coexistence deteriorates, and democracy is weakened.”

This post was originally published on here. 

The IDF announced on Thursday that it had completed the clearance of two Hezbollah underground infrastructures on the Ali al-Taher ridge in southern Lebanon and that forces are now working to neutralize them.

According to the military, the infrastructures were built over a period of about two decades and were planned and funded by Iran.

Forces from the IDF’s 36th Division have operated in the area in recent weeks and, according to the military, achieved operational control of the ridge both above and below ground. During the operation, the area was cleared of Hezbollah operatives who had been stationed there, with some killed and others fleeing.

Inside the underground infrastructure, the forces found command rooms, weapons storage rooms, generators, living quarters, showers, and a kitchen. The IDF said the complex allowed Hezbollah operatives to remain underground for extended periods and conduct combat operations from there.

According to the military, terrorist attack plans against Israel and IDF forces were carried out from the tunnels. Following operations conducted there in recent weeks, the ability to carry out additional attacks from the sites was neutralized. The forces’ efforts to neutralize the tunnels are ongoing, and once completed, the IDF will redeploy for defensive operations in accordance with its assessment of the situation.

A photograph taken from the southern Lebanese area of Nabatieh shows smoke as it rises from the site of Israeli strikes that targeted the hilltops of the mountainous area of the strategic Ali al-Taher Ridge on August 14, 2026. (credit: AFP VIA GETTY IMAGES)

The military emphasized that operations in southern Lebanon are continuing and that the IDF remains committed to the ceasefire agreement in Lebanon.

IDF’s Ali al-Taher operation lasted several months

The capture of the Ali al-Taher ridge, with its peak being the Beaufort Castle, was a complex operation that lasted several months.

In the first stage, engineering forces mapped the upper section of the ridge and destroyed tunnels, concealed openings, direct-fire positions aimed at Israeli communities and the border, weapons depots, long-term living quarters, command rooms, and operating rooms.

The second stage, locating the underground systems, was considered the most complex phase of the maneuver. It included locating the lower sections of the ridge and mapping the underground systems hidden beneath dense vegetation and rocks. Their construction, which required a massive financial investment by Iran and Hezbollah, lasted around 20 years.

Some of the underground systems were located and destroyed, as previously reported, while others were only discovered very recently. For weeks, IDF forces engaged in a battle of wits with Hezbollah to cut off the logistical route used to transfer food, water, and ammunition from Beirut to the underground tunnels on the Ali al-Taher ridge.

During the intense battle over the tunnel entrances, Hezbollah attacked the forces several times using drones. According to information obtained by Walla, in the past week Hezbollah’s connection with the trapped operatives may have been cut off, and they likely either died of starvation or escaped.

Over the past several months, Hezbollah’s leadership attempted to pressure the Iranians to tie the fate of the organization and its various infrastructures to negotiations with the US, but the effort failed. Now, the situation has shifted: Iran is attempting to deter Israel from destroying all of the infrastructure on the ridge, and Iranian operatives are apparently also trapped inside the tunnels.

Iran warns US it will respond with large-scale attack 

Earlier on Thursday, Iran warned the United States that it would respond with a large-scale attack if Israel launched a full operation to capture the ridge, where more than a dozen Islamic Revolutionary Guard Corps personnel are entrenched alongside Hezbollah operatives.

According to sources briefed on the message, at least two senior IRGC officers are among those present on the ridge. The sources said the warning was conveyed to Washington through Oman, which has served as a mediator between the US and Iran.

Until now, Iran has refrained from attacking Israel, raising the question of why Tehran has chosen to issue threats again at this point, and specifically over the Ali al-Taher ridge. It can be assessed that Iran, which until now has avoided fully backing Hezbollah, is attempting to bring the Shi’ite organization closer to its side amid concerns of an impending military confrontation with the US and Israel.

This post was originally published on here. 

The High Court of Justice unanimously struck down on Thursday an amendment that froze arrest, investigation, and enforcement proceedings against haredi (ultra-Orthodox) yeshiva students who failed to report for mandatory military service, with eight of the nine justices also ruling that the amendment does not meet the legal framework.

All nine High Court justices who heard the petitions issued the decision: Deputy Chief Justice Noam Sohlberg; justices Daphne Barak-Erez, David Mintz, Yael Wilner, Ofer Grosskopf, Alex Stein, Gila Canfy-Steinitz, Yechiel Kasher, and Ruth Ronnen.

The High Court of Justice hears petitions against the vote to appoint Michael Rabello as state comptroller, in Jerusalem, June 18, 2026 (credit: MARC ISRAEL SELLEM/THE JERUSALEM POST)

High Court strikes down haredi draft enforcement freeze

The coalition passed the amendment on July 14, 2026. It ordered the suspension of all enforcement proceedings against members of the haredi community who were required to enlist but did not comply with their obligation to report for service under the Defense Service Law. Five petitions challenged the amendment’s validity.

Sohlberg, who wrote the main opinion, ruled with the agreement of the full panel that the enacted amendment substantially departed from the subject of the bill that had passed its first reading, in violation of Section 85 of the Knesset Rules of Procedure.

The court therefore ruled that, in practice, the law had never passed its first reading, meaning the legislative process contained a fundamental defect that required the amendment to be struck down.

This post was originally published on here. 

The newly formed right-wing Unity party has been considering political alliances to boost its chances of clearing the electoral threshold ahead of the deadline to submit lists next week, party leader and former ambassador to the United Nations Gilad Erdan told The Jerusalem Post in an interview Thursday as he laid out party plans ahead of the upcoming election.

“I still do believe that once we show the public a few parties together that are already above the political threshold, it will give a real boost to people to vote for us because they will know almost for sure that the vote is not going to be wasted,” Erdan said.

Erdan spoke to the Post as his Unity party has been failing to pass the electoral threshold on its own in recent polling.

There have been numerous reports that Erdan has been considering a merger with Blue and White leader MK Benny Gantz or with Chili Tropper’s Zionist Home-The Reservists party, both of which have also fallen below the threshold in recent polling.

Erdan and the second candidate on his list, Yuli Edelstein, are both former Likud members. The party has positioned itself as a right-wing party calling for universal IDF conscription.

Former IDF chief of staff Benny Gantz leads Blue and White, which is polling below the electoral threshold. (credit: MARC ISRAEL SELLEM/THE JERUSALEM POST)

The emergence of a group of small right-wing parties comes amid growing tensions over the issue of haredi (ultra-Orthodox) conscription and dissatisfaction among some right-wing voters with the existing parties in Prime Minister Benjamin Netanyahu’s coalition.

Erdan says the country needs a broad government

Erdan told the Post that the country requires a broad government, capable of bringing together both sides of the political spectrum rather than relying on narrow coalitions with extremists.

“I’m positively confident that there are many people who have had enough of the divisions from narrow governments and from the fact that one side only wants to destroy or topple the other side,” he said.

He added that division does not “bring any real solutions to the table.”

“It doesn’t change the daily life of the Israelis who suffer because they have to go so many days to do their reserve time in the military or pay the high cost of living in Israel or see us without any agreement on a real judicial reform that is so needed,” Erdan said.

Erdan seeks unity rather than committing to a Netanyahu-led government

Asked whether he would be willing to join a government led by Netanyahu, Erdan said his party was seeking unity rather than ruling out either side of the political spectrum.

“That’s what really the people of Israel need, especially after October 7.”

“We want to be the political force that will demand bridging and connecting the two political sides.”

Erdan said that he would not boycott other parties but would require them to abide by a set of principles they have established. This would also determine whether he would be able to support a government led by Netanyahu or leading rival candidate Gadi Eisenkot.

“We don’t want any radical party to have veto power or an influence, a strong influence on the government.”

The principles laid out by Erdan included “No withdrawals, no Palestinian state, a real conscription law that only those who serve two years or more in national service or military can get all the benefits from the government.”

“Whoever doesn’t serve or decides not to serve doesn’t get anything,” Erdan added.

Erdan noted that after October 7, non-domestic issues such as the establishment of a Palestinian state were no longer matters that divided parties as they had in past elections – since there was now general agreement against it.

He said that this too allowed for more unity.

Issues to tackle: cost of living, enactment of a judicial reform, and national service

Erdan added that a broad coalition would be necessary to tackle issues such as the cost of living, enactment of a judicial reform, and national service, as political stability would allow for a “government that is stable and cannot be blackmailed.”

“And that’s the main principle that we’re trying to agree upon with the other parties that we’re negotiating with. And if they meet these principles, then ego is not going to be the problem from our side.”

Erdan also criticized the government over Israel’s international public diplomacy efforts.

“I know firsthand all the failures of our government, and – I am saying it with a lot of sadness – Netanyahu truly abandoned this arena.”

He noted that, currently, Israel was being  branded abroad internationally “as a pariah, as baby killers, as an apartheid state, or as committing a genocide or starving our enemies.”

Edran said that he planned on investing billions into improving Israel’s public standing and repairing such views.

This post was originally published on here. 

On a balmy summer afternoon this week, US Ambassador to Israel Mike Huckabee and his team were scoping out the Museum of Tolerance in Jerusalem ahead of the embassy’s annual Independence Day celebrations set to take place there next week.

This year, it’s a big deal. The US recently celebrated 250 years since its founding.

Huckabee, who was handpicked for his role by US President Donald Trump, will be marking it at the museum, which, according to the ambassador, makes the special anniversary even more notable.

“It is a magnificent venue, perfect for our event because it’s large enough and the technology here is state-of-the-art,” Huckabee said, smiling with his trademark enthusiasm. “I can’t think of any location in the entire State of Israel that would be more appropriate.”

Huckabee, 71, a former Arkansas governor and die-hard supporter of Israel who recognizes the power of the tiny Jewish state, spoke to The Jerusalem Post as part of a special interview marking the anniversary.

THE MUSEUM OF TOLERANCE JERUSALEM.  (credit: Shai Gil  )

“We have a lot to celebrate as Americans, and we have a lot to celebrate with Israel,” said the envoy, who unwaveringly believes that the US needs Israel as much as Israel needs the US.

“If there was never a Jewish state, if there was never a Jewish people, there would never have been a Christian foundation,” Huckabee said. “We feel like our roots as America really come from here … It’s the Judeo-Christian foundation upon which Western civilization was built, and America formed.”

It has been an intense few months in the Middle East

THE 250TH Independence Day celebration is taking place a little late this year, two months after the July 4th Independence Day holiday, to be precise. This is mostly, Huckabee said, because it has been an intense few months in the Middle East. 

He has been more focused on the ongoing wars, endless ceasefire negotiations, and the flaring violence that US citizens living under his purview have had to face.

The ambassador is known for expressing his support for Israel, stating often that “the partnership with Israel is incredibly valuable to the United States.” And listing the benefits of the partnership as being in the fields of “intelligence,” “military hardware,” “technology,” and “counterterrorism.” 

However, Huckabee has been unable to turn a blind eye to the growing violence being perpetrated by Israeli citizens against Palestinians in the West Bank, which, like many Israeli officials, he refers to as Judea and Samaria.

“Violence is violence. It doesn’t matter who does it – it should be condemned,” he stated.

“It would be inappropriate for me to say it’s terrible when Palestinians attack Israelis, which they do … and I’m very clear on how unacceptable that is … so I would be a bit of a hypocrite if I only spoke out against violence that was Palestinian on Israeli and refused to speak up if it was Israeli against Palestinian.”

Most of those committing the violence recently in and around Palestinian towns such as Qusra, Jalud, Turmus Aiya, and Taybeh, Huckabee said, are not Israelis living in established West Bank settlements.

“They represent a very tiny minority of the half million Israelis who live very peacefully in Judea and Samaria and raise their families to be good citizens.”

Huckabee was also clear that “Israelis have a right to build in Area C under the Oslo Accords, something that is not breaking any of the agreed-upon terms of Oslo from 1993.”

“They not only have the right, but they have really a responsibility to help create communities where their people can live,” he said. “Israel is growing rapidly. I know right now the whole country is less than 10 million, but that is changing.”

“With antisemitism rising around the world, I think you’re going to see more and more people making their way to the Jewish homeland, so it makes sense that part of those new communities are going to be in Judea and Samaria,” the ambassador continued.

“You can’t divorce the Jewish people from what has been a homeland of theirs for 3,800 years,” Huckabee said, adding that “eighty percent of the Bible happened in Judea and Samaria.”

Still, the ambassador said he was concerned about the rising violence.

“I would hope that every person says it’s unacceptable,” he said, adding that he was encouraged last weekend by condemnations from Prime Minister Benjamin Netanyahu, Foreign Minister Gideon Sa’ar, President Isaac Herzog, and Yesha Council head Israel Gantz.

Further, Huckabee said he was hopeful that the arrest warrants issued against several of the perpetrators would “help discourage, because there have to be consequences.”

“I tell people the things I’ve learned from raising children and training dogs … if there’s a behavior you want more of, you reward it; if there’s a behavior you want less of, you put consequences on it,” he said. “I think what we’re seeing is the beginning of the Israelis recognizing we got to have consequences for bad behavior.”

The media-savvy Huckabee said he was acutely aware that the images of balaclava-wearing, baton-wielding young men taking over family homes of Palestinians, including some US citizens, in the West Bank, and attacking international journalists in recent weeks were extremely damaging for Israel, including within the Republican Party.

“I think it’s hurting Israel’s reputation and image across the world. That’s why it’s not good that a very small number of people … [who] don’t even live in Judea and Samaria and [who] are not settlers … are doing things that are intentionally disruptive,” he noted.

“I wish that they understood the damage they’re doing to the country they claim to love because it is not helpful.”

Huckabee said he would like to challenge their actions “on the basis of the Torah.”

“Thou shalt not steal; thou shalt not covet what another person has,” were the biblical verses he said he would use.

“So biblically, for those who say: ‘We’re religious, good, and practice it,’ then don’t do things that are a violation of the most fundamental tenets of the Torah.”

 Images of Iran's late Supreme Leader Ali Khamenei and new Supreme Leader Mojtaba Khamenei with replicas of missiles seen during a gathering in Tehran, Iran, August 12, 2026 (credit: Contributor/Getty Images)

‘Nobody knows what’s going to happen’

THE AMBASSADOR’S faith and learning are apparent when speaking about Iran, too.

Asked if this week’s rising tensions between the US and Iran, with missiles intercepted over Jordan, could mean a return to a more intense stage of the war, similar to earlier this year, Huckabee responded cautiously that even though “this is the land of the prophets and many of them have lived here … I am not a prophet, nor the son of prophets.”

“This is the Middle East. Nobody knows what’s going to happen,” he quipped. “Honestly, could something happen again? Of course it could. It’s a place in the world that is so incredibly contentious all the time.”

However, Huckabee said, Trump was not surprised by Iran’s refusal to yield, even though its regime and capacity appear to have been significantly weakened over the six months of fighting; rather, he said, the president was “exasperated with their stubbornness.”

“Where I come from in America, we have a saying: ‘There is no education in the second kick of the mule.’ What it means is, if the mule kicks you once and you don’t learn something from that, the chances are that the second kick ain’t gonna teach you much either,” the ambassador said.

“The Iranians are now after ‘two kicks of the mule,’ and they still don’t seem to get it … they’re not going to have a nuclear weapon, they’re not going to get to enrich uranium, and it may take a ‘third kick of the mule’ at some point. But I hope they get the message. I hope they change their ways,” he said.

While a formal ceasefire remains elusive, Huckabee said that for him, the joint US-Israel opening strike against Iran showed the strength and power of the relationship between the two countries.

“It was a day that I don’t think any of us will forget,” said Huckabee of February 28, the day the two countries launched a surprise attack on their nemesis.

Listing it as the 5th war-like engagement since arriving as ambassador to Israel in April 2025, Huckabee said he felt an “extraordinary sense of comfort knowing that our militaries were so aligned – unlike anything in history.”

“I say this not just from my perspective, but from the perspective of both US military leaders like Adm. [Brad] Cooper, who heads CENTCOM and was the strategic partner putting the American part of the plan together, as well as from the Israelis and the IDF, with whom I have almost daily contact,” Huckabee recounted. 

“The level of seamless operation that was experienced by both militaries … was unprecedented.”

“The US has had many partners in military engagements through 250 years. We’ve never had one quite like this, where our planes were flying wingtip to wingtip. Our armed refuelers were refueling Israeli aircraft,” Huckabee said.

He described seeing the scene at the operation center, where American and Israeli military personnel sat side by side, distinguishable only by the flags patched onto their uniforms.

“It was a kind of integration that was just unbelievable,” Huckabee said.

Huckabee hopeful to see even small steps toward peace

LOOKING AT alliances – and tensions – across the broader region, the ambassador said he was hopeful that even small steps being taken toward resolutions between Israel and Lebanon and in Gaza under Trump’s Board of Peace were significant.

“I would say small steps are better than stepping backward,” Huckabee remarked. “They are the small steps that you have to take before you can make the big ones.”

He called the US-mediated talks between Israel and the Lebanese government “historic.”

“[Lebanese President Joseph] Aoun is truly trying to move Lebanon to where its people are free, free to live their lives, free to have homes and to regain the beauty of what once was one of the most beautiful places on Earth,” Huckabee noted, pointing out that for the past 70 years, the Lebanese were banned from even talking to Israelis.

“And here we are, sitting in the same room over several weeks in Washington with Israelis, Lebanese, and Americans, talking about how we move forward and get Hezbollah out of the picture so that there could be peace,” he said, recalling comments by President Herzog that he dreamed of one day being able to drive freely from Jerusalem to Beirut.

“That vision, that aspiration, is exactly what we all are hoping and praying for,” Huckabee underscored.

“For the first time in 70 years, we actually can see that this could happen. Will it happen this year? No. Will it be next year? I don’t know, but we are closer today than we’ve been.”

On Gaza, Huckabee shared the same optimistic view, highlighting that less than a year ago, most people doubted that all the Israelis brutally taken hostage by Hamas on October 7 would be returned home, or that the fighting in the war-torn territory would largely be brought to an end.

“Every single hostage, living and dead, in the Gaza Strip was returned nearly a year ago. That’s amazing. People didn’t think that would ever happen,” he said.

He was very critical of Hamas and its failure to disarm.

“They said they would do it, but they haven’t done it,” Huckabee stated, adding, “When people say, ‘Well, are they going to do it?’ I don’t know [the answer to that].”

“But here’s what I do know,” he continued. “While they said they’re going to give up their weapons, do you know how many they’ve given up so far? Zero. Not even so much as a cap pistol … So, we’re all waiting on Hamas to fulfill what it said, and at some point, they will either do it, or it will be done for them.”

As for criticisms that Israel has not kept its side of the bargain, the ambassador is steadfast.

“I’ve been in the meetings with the Board of Peace, and they’ve been very clear that Israel has every right to defend itself, every right to neutralize the weapons that are formed against them, and particularly, target those who were responsible for the horrific and heinous attacks of October 7.”

Acknowledging the upcoming third anniversary of October 7, Huckabee said it was important that “people don’t forget what happened that day.”

“I don’t want Americans to forget there were 16 Americans murdered that day and many other Americans taken hostage,” he said.

“Had this happened in America, given the scale of population that we have, it would have been the equivalent of 40,000 Americans being mutilated, slaughtered, massacred, and 10,000 people being taken hostage.”

“If anyone thinks that America would have been patient and kind and thoughtful,” sending “a strongly worded letter in response to the murdering and butchering of 40,000 Americans,” the ambassador stressed, “they don’t know America very well.”

But, again, Huckabee said he is hopeful that the tragic events of the past three years will make way for something better. He noted that he believed that moving forward, there could be a resumption of countries joining the historic Abraham Accords brokered by Trump during his first term.

“I think we’re seeing it already in the foundations of other countries recognizing that peace with Israel makes more sense than enmity with Israel,” he said, gesturing around him to the Museum of Tolerance Jerusalem, which states that it serves as a vital platform for dialogue, understanding, and the fight against antisemitism and hatred in all its forms.

“We’re sitting in a place right now that is really kind of the epicenter of reminding people that peace is possible,” Huckabee continued.

“The Museum of Tolerance Jerusalem is a great reminder of the travails of the Jewish people, coming from some of the most horrific moments of history to a place where now, in the very center of the heart of Jerusalem, this magnificent facility stands as a testament to the resilience of the Israeli people of the Jewish state.”

This post was originally published on here. 

Far-right podcast host Steve Bannon has partnered with far-left politicians Rep. Alexandria Ocasio-Cortez (NY) and Bernie Sanders (VT) to warn against the dangers of artificial intelligence and the data centers that power it, the Wall Street Journal said Thursday.

Bannon, who once served as US President Donald Trump’s chief strategist, has publicly backed Sanders and Ocasio-Cortez’s proposal to ban the construction of new data centers and has rallied support against the Trump administration’s recent industry-friendly AI strategy, which bans states from passing their own regulations, according to the report.

Trump has pushed hard for new data centers, writing that “[t]he only reason that communities throughout the USA should not want Data Centers is if they want to end up being backwards and poor,” in a post on social media on Monday.

Bannon has aligned himself with Democratic progressives on the issue, setting aside disagreements over issues such as immigration, believing that it is the “defining issue” of the future, the WSJ wrote.

“If we don’t get this right, none of that other stuff is going to matter,” Bannon said in an interview. “I have not seen any issue in modern American life that, at the populist level, unites disparate elements of our country more than this.”

U.S. Sen. Bernie Sanders (I-VT) speaks during a news conference on the impact of artificial intelligence on workers at the Hart Senate Office Building on April 16, 2026, in Washington, DC. (credit: Heather Diehl/Getty Images)

“Politics is always a situation where you make strange coalitions and different coalitions every day,” Bannon said.

Sanders addresses unlikely alliance with Bannon

Sanders commented on the unlikely alliance with Bannon in an interview.

“Politics is always a situation where you make strange coalitions and different coalitions every day. But on this issue, I think many of the right-wing people have the same concerns that I have.”

These concerns uniting the rival camps are power and water consumption, job loss, distrust of big tech, and surveillance. 

The issue has been building for more than a year and is emerging as a contentious political debate ahead of this year’s midterm elections.

Campaign ads criticizing data centers have appeared in more than 70 US House and Senate races since 2025, according to a Wall Street Journal review of AdImpact transcripts. The backlash has pushed congressional and gubernatorial candidates to revisit their previous support for the industry.

Most recently, Texas Gov. Greg Abbott (R) and Pennsylvania Gov. Josh Shapiro (D), a potential 2028 Democratic presidential candidate, have moved to pause or restrict some data center projects after previously touting the sector’s economic benefits.

Despite growing opposition, attempts to enact major legislation targeting data centers have gained little traction in Congress. A bill introduced by Sanders seeking a federal moratorium on new data center construction has attracted no Senate co-sponsors, while the House version, sponsored by Ocasio-Cortez, has support from 14 Democratic lawmakers.

Other proposals backed by lawmakers from both parties, including measures addressing data center energy consumption, artificial intelligence regulation, and chip export controls, have made progress in Congress but have not yet become law.

Industry advocates, Trump allies push back on restrictions

The regulation efforts have also faced opposition from technology companies and some Trump allies, who argue that additional restrictions could undermine US competitiveness.

The political divide over data center regulation has drawn criticism from both supporters and opponents of new limits. Montana Sen. Tim Sheehy (R) argued that restrictions on major industries had repeatedly hurt American workers.

“First they killed our timber mills, then our mines, then our factories – now data centers. Every good-paying, middle-class employment powerhouse has been systematically murdered by globalist and communist lobbying in America,” Sheehy wrote on X/Twitter.

Industry advocates have also pushed back against calls for broader restrictions. Venture capitalist Joe Lonsdale, a co-founder of Palantir and Trump donor, said the administration and technology sector needed to confront what he called “crazy populists.” He referred to the opposition as the “BBC,” an acronym for Bernie, Bannon, and the Chinese Communist Party.

“All those people want to ban data centers, and they want America to lose,” Lonsdale said on Fox Business. “We have to make sure the BBC radicals lose.”

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EXCLUSIVE: Goldman Sachs is making progress on its new 800,000-square-foot campus in Dallas as it deepens its presence in the city, which has emerged as a key regional financial hub.

The firm has a longstanding presence in the Dallas metro area, where it has its second-largest base of employees behind only its New York City headquarters, and the new campus will allow Goldman Sachs to combine two offices into one facility where all the firm’s various business units can be situated and collaborate.

Ericka Leslie, chief administrative officer at Goldman Sachs, told FOX Business in an interview after visiting the new campus in Dallas as construction continues that “I can’t say it enough, I think Dallas is a great place to do business, it really is. The building is beautiful.”

“We’re in two buildings now, we’re going to be able to combine everybody into this state-of-the-art space, and it’s right next to the Perot museum, and the city itself is very vibrant. So we’re looking forward to it, and we’re going to grow there,” Leslie said. “It’s a growth opportunity for us inside of the United States, and it’s a really vibrant place to do business.”

WHY MAJOR FINANCIAL FIRMS ARE EXPANDING TEXAS PRESENCE BEYOND TRADITIONAL WALL STREET HUB

The new campus will include an auditorium as well as a wide range of amenities, including a wellness center, fitness facility, a backup daycare, multiple spaces offering cafeteria or cafeteria-like services, a coffee bar and outdoor spaces with trees and shade.

Employees will be able to park underneath the building and a retail space will be built across the street that offers additional options nearby for those working at the new campus.

“I find people want to leave their desk, so to speak, and go to another place, but maybe they only have 30 minutes free, and they want to grab a coffee or have a conversation with people,” Leslie said.

“There are a lot of places where you can meet up and sit down and be outside or be inside. And I think that’s really important to people because it gets hot there in the summer, people don’t want to have to walk around outside, it’s completely air-conditioned.”

GOLDMAN SACHS TO CONTRIBUTE $1,000 TO TRUMP ACCOUNTS FOR ELIGIBLE CHILDREN OF EMPLOYEES

The new campus will also have a park outside that’s about an acre and a half in size, which Leslie said crews were working on when she visited the site.

“The outside of the building is mostly complete, and they have to do that in order to start fitting out the inside of the building and air conditioning it, so that will begin fairly shortly. We’re looking for a launch around January 2028,” Leslie said.

She noted that stiff competition for work crews amid the construction boom in the Dallas area has contributed to some delays, though the new campus is still expected to open on schedule.

“The project is mostly on time. It’s slightly delayed, there’s quite a bit of development going on in Dallas right now, and so we’re seeing small delays,” she said, adding that the company expects to be occupying the space in January 2028.

Y’ALL STREET LAUNCHES: TEXAS STOCK EXCHANGE GOES LIVE IN DALLAS

Leslie noted that Goldman Sachs was one of the firms that contributed to the launch of the Texas Stock Exchange in Dallas, which went fully live for the first time in late July, while other companies are looking to move into the area or are considering doing so.

She added that as more companies are attracted to downtown Dallas, she sees the city becoming more of an urban center with people choosing to live within the city rather than commuting in from the suburbs.

Goldman Sachs CEO David Solomon told CNBC in an interview this week that the firm’s headcount in New York City has remained at a little less than 10,000 and hasn’t grown in about 20 years, while it has expanded its overall U.S. headcount with growth in places like Dallas and Salt Lake City. Solomon said that “talent plays a role in it – where is talent available – but also policy, taxes, environment.”

Leslie echoed that sentiment, telling FOX Business that “We like to go to places where you can attract young talent, and New York has always been a place where people want to work when they first get out of college.”

“But I was really surprised walking the Katy Trail [in Dallas] and seeing the number of people that are just starting out in their careers and out walking, getting exercise. I can’t emphasize this enough, there were thousands of people – I almost couldn’t make my way, I had to keep going around people,” she said. “It was a really nice thing to see.”

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“I think more and more you’re going to end up seeing places where you’ve got really robust talent pools, you have a lot of universities, and it’s going to be a place where we’re going to attract young people,” Leslie added. “I think Dallas has a really bright future.”

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US Vice President JD Vance said Monday that Israel is “one of our most important alliances in the world” and the United States’ “most important regional alliance,” as he warned that younger Americans are increasingly questioning the value of the relationship.

Vance made the comments while attending the Republican Jewish Coalition’s National Leadership Summit in Las Vegas. There, he held a behind-closed-doors conversation with RJC National Chairman Norm Coleman about US President Donald Trump, US-Israel relations, national security, and antisemitism.

The Jerusalem Post obtained the transcript of the discussion and also spoke to RJC national spokesman Sam Markstein about the meeting.

Throughout the discussion, Vance stressed the importance of the Israeli-US relationship to America’s national security.

“It’s one of our most important alliances in the world and certainly our most important regional alliance,” he told Coleman.

Norm Coleman, National Chairman of the Republican Jewish Coalition, speaks at the Republican Jewish Coalition Annual Leadership Meeting in Las Vegas, Nevada, on November 19, 2022.  (Illustrative) (credit: WADE VANDERVORT/AFP via Getty Images)

Vance says US, Israel will ‘continue to work together’

While acknowledging that Israel and the US do not see eye-to-eye on some matters, Vance stressed that the two are “going to continue to work together” and that “there are still alignments of interest across a whole host of issues.”

Vance also told the RJC that there is growing suspicion among American under-40s regarding the US-Israel relationship, highlighting the need to articulate to this demographic why the relationship “is in the best interest of the United States of America.”

“To take a very obvious example, we’re working with the Israelis on some extremely top-secret technology that is very, very important for the North American Missile Defense Shield. Because I love my kids; because all of you in this room, we love our kids; we love our grandkids; we want to make sure that if, God forbid, a bad country shoots a missile at the United States of America, we are safe.”

Support for Trump among voters aged 18 to 34 is currently at an all-time low for that age group, according to the most recent Echelon Insights polling.

Nevertheless, Markstein told the Post, the loudest people in the room, the ones cheering the most for Vance, were actually the college students in attendance.

“We had about 300 or 400 college students from all over the country; young, Jewish American leaders of the future, and they were the loudest. They cheered the longest. They were on their feet for the most amount of time for him,” Markstein.

“I think that he has a great opportunity to bring more of those young people into the fold.”

Young people were also the focus of much of Vance and Coleman’s discussion of antisemitism.

Coleman raised the fact that many young people are worried about wearing a Star of David on college campuses, of being assaulted, or of being harassed.

Vance replied that “as the vice president of the United States… America loves our Jewish citizens and respects the contributions of our Jewish citizens.

“And I hope that everybody here knows that from the top of this administration to the vice president on down, we love you guys, we appreciate you guys, and you will very much always be on the team so long as I have any say in it,” Vance said.

Vance invokes Charlie Kirk’s support for Israel and fight against antisemitism

He also drew upon the message of the late Charlie Kirk, who “had criticisms of the Israeli foreign policy, but he loved Israel and said that Jew hatred is corrosive to the soul.”

“Charlie’s message that you cannot be a good human being, you cannot have a good soul if you engage in Jew hatred, that to me is the antidote to what we see out there.”

Speaking about right-wing antisemitism, from figures such as Tucker Carlson or Nick Fuentes, Vance encouraged dialogue with as many people as possible.

While there have been concerns about the Republican Party platforming right-wing antisemites, Vance said, “We have got to be willing to go everywhere and bring our message anywhere and to any person.”

“You have got to meet people where they are and make the arguments as best as you can, and that is, I think, ultimately how you win the political debate. It’s not by shunning people.

“Talk to as many people as possible, but obviously I’m not going to go talk to a guy who’s attacked my wife or who’s said that Hitler was a good guy.

“But outside of some pretty [distinct] lines, I try to talk to as many people as I can,” the vice president said.

Markstein told the Post that Vance “gave a good answer as to where he draws those lines and what those differences are.”

When it comes to important antisemitism, though, Vance was less compromising.

He spoke to RJC of how some of the antisemitism that is rising in the US is actually coming from people “who are bringing ancient ethnic hatreds into the United States.”

“This should be our immigration policy: If you want to bring your ethnic hatreds anywhere, don’t come to the United States of America; you’re not welcome,” he insisted.

Vance also spoke of how these ethnic hatreds are evident in US democratic politicians such as Michigan Senate candidate Abdul El-Sayed.

He added, “El-Sayed is one of the worst disgraces running in the history of the American political process.”

Vance noted the frontrunner’s controversial comments about the Michigan synagogue attack, saying, “When your response to that is to empathize with the person who’s going to commit this heinous act of violence – and not with the kids who almost lost their lives at the place that they should be safest in the entire world – the response to that is you’re a disgraceful human being.”

Vance urges support for Mike Rogers’ Senate campaign

He proceeded to call on people to support Mike Rogers’s campaign. Rogers is a recognized leader on national security and a strong advocate for national defense.

“Mike Rogers is, in my view, maybe the single most important candidate right now in this midterm election,” Vance said.

Markstein seconded this: “Abdul El-Sayed is an existential threat to the Jewish community in Michigan. That’s why you’re seeing so many Jewish Democrats in Michigan switch over to support Mike Rogers, who also joined us at the RJC Summit.”

Reflecting on the summit, Markstein told the Post that “RJC hosted cabinet officials, key members of the US Senate and House of Representatives, governors, key opinion leaders, the vice president, and every single one of them got on the stage and talked about why it is so important to stand with the American Jewish community and why the US-Israel relationship is an alliance worth defending.

“You will not find that at any Democratic function in this country right now,” Markstein said.

Regarding Vance specifically, he noted, “We are proud to have the vice president join us at the RJC Leadership Summit.

“He made a very good impression, and I think it showed again the importance and the impact of our organization, how we are this unique bridge between Republican decision-makers and the Jewish community.”

Vance “won over a lot of people in that room,” Markstein concluded.

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Otzma Yehudit chairman and National Security Minister Itamar Ben-Gvir on Thursday unveiled “Disengagement 710,” a policy plan to encourage Gaza Strip residents to emigrate voluntarily to countries willing to receive them.

The plan calls for establishing a dedicated government ministry, reaching agreements with destination countries, creating regulated emigration pathways, and providing assistance and absorption packages for emigrants.

The proposal is the result of an extended policy review that has been underway since October 7 through a special staff established on Ben-Gvir’s behalf.

During that period, the team examined the issue of emigration in depth, reviewing international models, data, legal and economic aspects, potential absorption options in various countries, and ways to turn the idea of voluntary emigration into an organized government implementation plan.

According to the plan, the goal is the voluntary departure of approximately 250,000 Gaza residents in the first year, 1.11 million within three years, and approximately 1.86 million within seven years.

 A FAMILY displaced to the southern part of the Gaza Strip sets out to return home in January after a Hamas-Israel ceasefire was reached. Even amid Gaza’s destruction, Hamas celebrated the return of displaced civilians to northern Gaza as a nationalist victory, says the writer. (credit: Dawoud Abu Alkas/Reuters)

Otzma Yehudit demands ministry dedicated to Gaza emigration

To implement the plan, Otzma Yehudit is demanding that the next government establish a dedicated ministry for voluntary emigration, headed by a minister and operating through a director-general, an independent budget, an international negotiating team, and a dedicated implementation apparatus.

As part of the policy work, Turkey, Ethiopia, Congo, and Arab countries are being examined as possible destinations, alongside additional countries. Any agreement would be conditional on the consent of the destination country and arrangements granting emigrants legal status.

The 12 principles of the “Disengagement 710” plan are:

  1. Voluntary emigration only: Departure by those who choose to leave, without coercion.

  2. Regulated destination country: Departure would not be permitted without a country that has agreed to receive the emigrants and provide them with regulated legal status.

  3. Individual file: A personalized pathway would be developed for every individual or family, including a destination, documentation, visas, and an absorption plan.

  4. Preserving families: Preference would be given to families departing and being absorbed together.

  5. Multiple destination countries: Agreements would be pursued with as many countries as possible.

  6. Different emigration pathways: These would include employment, education, medical treatment, family reunification, and community sponsorship.

  7. Absorption package: Assistance would include travel, initial housing, professional training, employment, and support for up to 24 months.

  8. Payment based on implementation: Funds would be transferred to countries and absorption bodies in accordance with actual absorption and the fulfillment of targets.

  9. Security screening: Each case would be examined individually according to criteria set by security officials.

  10. International partnership: Countries and international bodies would be recruited to participate in financing and absorption.

  11. Implementation targets: 250,000 emigrants in the first year, 1.11 million within three years, and approximately 1.86 million within seven years.

  12. Transparency and oversight: Monthly data would be published on applications, approvals, departures, costs, and the scale of absorption in destination countries.

The plan proposes an initial Israeli investment of NIS 10 billion to establish and launch the system, alongside an Israeli matching framework of up to NIS 50 billion, subject to international participation and agreements with receiving countries.

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)

Ben-Gvir calls for ‘historic solution’ to Gaza terrorism

Ben-Gvir said the plan was intended to capitalize on what he described as Israel’s achievements in the latest war and prevent the sacrifices made during the fighting from having been in vain.

“In the latest war, the State of Israel achieved significant successes against Gazan terrorism,” he said. “Those achievements came at a difficult and painful price, a terrible and awful price in the blood of our sons. The blood of our sons and daughters must not, God forbid, have been shed in vain. We must seize this historic opportunity to bring about a historic solution.”

Ben-Gvir said that, since the start of the war, he had demanded the encouragement of emigration from Gaza.

“At first, I was treated like a delusional extremist. They asked me not to say it out loud. They told me I was causing international damage and that emigration must not be discussed openly. Then, in one day, everything changed: President Trump himself announced the encouragement of emigration as a solution to the Gaza issue. In an instant, Ben-Gvir’s plan became legitimate. Suddenly, everyone became Ben-Gvir.”

Disengagement 710, he claimed, was a correction “both for the Gaza problem and for the residents of Gaza,” as well as for “the sin of the concept.”

“What a shame they did not listen to Gandhi,” he said, using a nickname for Rehavam Ze’evi, an Israeli right-wing politician who advocated for population transfer, “and what a shame that instead we brought the Oslo disaster upon ourselves, with the insane idea of taking terrorists, arming them with weapons, and naively believing that murderers would turn into doves of peace just because we gave them Kalashnikovs. It is time to admit it: Gandhi was right!”

Ben-Gvir stated that establishing an Emigration Ministry would be at the top of Otzma Yehudit’s demands after the upcoming election.

“I am stating my commitment to the people of Israel out loud: With God’s help, I will advance this plan in the next term. Instead of the illusions of Peace Now, we need the actions of emigration now. Instead of digging tunnels, it is time to pack suitcases. Instead of working in terrorism, it is time to find work abroad and build new lives.”

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Former Biden administration senior adviser Amos Hochstein rejected opposition leader Yair Lapid’s claim that Israel had previously succeeded in blocking a US-Saudi nuclear agreement, saying Washington’s negotiations with Riyadh were conducted independently and only gained momentum after the Bennett-Lapid government left office.

“Did Israel at some point manage to stop the US from doing a nuclear deal with the Saudis?” Hochstein was asked by The Jerusalem Post.

“The easy answer, and the simplest answer, is absolutely not,” he said.

Hochstein, who served as a senior adviser to former president Joe Biden and was the administration’s lead negotiator on the nuclear component of the proposed US-Saudi agreement, said the talks were conducted directly between Washington and Riyadh.

“We negotiated a comprehensive agreement with the kingdom, and at no time did Israel, or any other country, block that deal,” he said.

Head of opposition and head of the Yesh Atid party MK Yair Lapid leads a faction meeting at the Knesset, the Israeli parliament in Jerusalem, on June 29, 2026. (credit: CHAIM GOLDBERG/FLASH90)

Lapid slams US-Saudi nuclear agreement 

His comments came in response to Lapid’s criticism on X of the nuclear agreement with Saudi Arabia submitted to Congress this week. Lapid called the agreement “one of the biggest and most dangerous failures of Israeli foreign policy of all time,” arguing that the Trump administration was pursuing what it considered the US interest, but that the agreement would symbolize Israel’s declining influence in Washington.

Both as foreign minister and prime minister, and later as opposition leader, Lapid warned senior US officials and members of Congress about the prospect of Saudi Arabia receiving uranium-enrichment capabilities as part of a civilian nuclear program.

“A normalization agreement with Saudi Arabia is a welcome development, but not at the price of a nuclear arms race throughout the Middle East. Netanyahu has spent his entire life fighting precisely against such moves. These are the foundations of our nuclear strategy,” Lapid said in September 2023, at the height of normalization talks between Israel and Saudi Arabia under then-prime minister Benjamin Netanyahu and President Joe Biden.

“Strong democracies do not abandon their security interests for the sake of politics. It is dangerous and irresponsible. Israel must not agree to any form of uranium enrichment in Saudi Arabia”.

Despite Lapid’s public opposition to the deal, Hochstein pushed back on the broader suggestion that Israel could determine or block US foreign policy.

“Israel can have input, and it could express its interests to the United States, but it cannot block or initiate any American policy,” Hochstein said. “That is done by the United States.”

According to Hochstein, the process that ultimately produced the Biden administration’s proposed nuclear agreement with Saudi Arabia began in earnest in 2023, as the administration sought to establish a broader normalization framework between Israel and Saudi Arabia.

He pointed to Biden’s July 2022 visit to Israel, followed by his trip to Jeddah, as an important starting point for the wider diplomatic effort. However, Hochstein stressed that the nuclear agreement itself was not being negotiated at that stage.

“The seed of the normalization negotiations started during that trip to Saudi Arabia in Jeddah in 2022 and picked up in earnest in 2023,” he said.

The talks were led by Hochstein, Brett McGurk, and other senior US officials. They included a nuclear component alongside discussions on economic, defense, and security arrangements.

The nuclear agreement was negotiated as part of a much wider normalization package, Hochstein explained, though each agreement was handled separately.

“The normalization was the umbrella, but each of the agreements that we negotiated was separate,” he said.

Hochstein said the Biden administration reached a final agreement on the nuclear component toward the end of 2024. The broader package ultimately did not materialize, preventing the agreement from moving forward at that time.

Based on his understanding, he added, the agreement recently reached by the Trump administration is “largely based” on the framework negotiated under Biden.

“I haven’t seen the full text of it yet, so I can’t fully comment on that,” Hochstein cautioned.

Hochstein voiced support for the principle of a US-Saudi nuclear agreement.

“On its own, a nuclear agreement between the United States and Saudi is a good thing,” he said. “It is a good development and a good policy for the United States and for the region.”

He argued that Saudi Arabia’s importance as a US ally made the issue particularly significant, while emphasizing that his support depended on the agreement meeting American nonproliferation and security requirements.

“I am fully supportive, and I think there’s bipartisan support for that idea, as long as the deal is done in a way that lives up to American standards of security verification and so on,” Hochstein said. “I hope this deal has” those safeguards.

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Dozens of civil rights and advocacy groups are urging Congress to scrap a defense bill provision that would deepen US-Israeli military technology ties, according to a letter seen by Reuters, at a time of growing US skepticism toward the longtime ally.

The provision would deepen cooperation between the US and Israeli defense sectors by accelerating joint military technology development and other partnerships. The bill passed the House of Representatives in July and awaits Senate action.

The provision of the 2027 National Defense Authorization Act, known as Section 219, seeks to set up frameworks for joint ventures, licensing agreements and US-based co-production partnerships with the Israeli industry.

In Thursday’s letter addressed to leaders of the House and Senate Armed Services Committees, 56 groups said deeper integration with Israel’s defense sector would be “exceptionally dangerous” and urged lawmakers to remove the provision.

The groups include Amnesty International USA and the civil rights network National Lawyers Guild as well as Arab and Jewish advocacy groups.

US Representatives Thomas Massie (R‑KY) and Ro Khanna (D‑CA) speak to the media, February 9, 2026; illustrative. (credit: reuters/kent nishimura)

“At a time in which American interests are increasingly diverging from those of Israel, and American public opinion is turning increasingly against unconditional support to Israel, creating new points of influence for Israel in the US defense-technology ecosystem is exceptionally dangerous,” said the letter, which has not been previously reported.

Israel is one of Washington’s closest allies in the Middle East, and the two countries cooperate extensively on defense and intelligence issues. Supporters say deeper ties could help speed military innovation and technology development.

A spokesperson from the Israeli Embassy in Washington did not immediately respond to a request for comment on this story.

But Israeli Prime Minister Benjamin Netanyahu said in a May interview with CBS that he hoped to wean Israel off US military support within a decade. In a June letter to a US congressman, he wrote that the time has come for Israel “to move from aid recipient to partner.”

US public support for Israel declines

US public support for Israel has fallen since the Gaza war began in 2023, particularly among Democrats. A June Quinnipiac University poll found 48% of voters and 66% of Democrats believe the United States is too supportive of Israel, up from 16% and 20% when the question was first asked in 2017.

Support for Israel among Democratic voters has plummeted, candidates critical of Israel are winning Democratic primaries, and even moderate lawmakers are increasingly willing to challenge decades of US support for Israel.

The Islamist militant Hamas group, in an October 7, 2023, attack on Israel, killed nearly 1,200 Israelis and foreign nationals and took hundreds hostage. More than 73,000 Palestinians have since been killed in Israel’s subsequent assault on Gaza, according to Gaza health officials.

The letter criticizes Israel for its potential violations of international humanitarian law in its war in Gaza and rising settler violence against Palestinians in the Israeli-occupied West Bank. It says such developments should prevent any discussion of deepening military ties.

US-Israel military aid agreement nears 2028 expiration

A memorandum of understanding that provides $3.8 billion in annual US military aid to Israel is approaching its expiration date in 2028, and conversations are under way on how Washington’s assistance to Israel would evolve beyond that date.

Some members of Congress have already tried to strip the provision from the fiscal 2027 NDAA. Republican Representative Thomas Massie of Kentucky and Democratic Representative Ro Khanna of California introduced an amendment to block it, but it did not make it into the House version of the bill.

Once the House and Senate write their versions of the NDAA, members of the two chambers work out a compromise version of the bill, which must pass both chambers – typically near the end of the calendar year – before it can be sent to the White House for President Donald Trump to sign into law or veto.

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AI safety experts are raising alarms about how OpenAI has built its soon-to-be-released frontier AI model Astra, saying it may hasten the day when humans will lose the ability to monitor the reasoning that AI agents are using.

For its new model, OpenAI has employed a method alternately referred to as “recurrent depth” or “looped Transformers” for a portion of the model’s internal architecture. The method can make AI models considerably more efficient by employing less computing power required to process each prompt—a valuable feature at a time when many businesses are complaining about the high costs of using the most advanced frontier AI models.

The new process, though, also means that part of the AI model’s “chain of thought,” or the reasoning steps it is taking, are not expressed in natural language, making it much more difficult for humans to monitor what the model is doing and why.

Chain of thought monitoring is currently one of the methods companies use to make sure AI agents are not taking unintended or unauthorized actions.

Tech publication The Information first reported on OpenAI’s use of recurrent depth in Astra earlier this week. Jakub Pachoki OpenAI’s chief scientist and several other OpenAI researchers criticized the publication for sparking undue alarm among AI safety researchers, saying that it had limited the extent to which the looped transformer architecture is used so that the model’s reasoning remains legible.

In response to The Information’s report, Pachoki wrote on social media platform X that “we care deeply” about chain-of-thought monitoring and that “OpenAI has worked to preserve and utilize chain-of-thought monitoring since our very first reasoning models.” Pachoki said OpenAI would share more details of Astra’s architecture in the future.

Pachoki said that he thought chain-of-thought monitoring could grow more challenging, but that this would be “for reasons not contingent on architecture changes” such as what OpenAi has begun implementing with recurrent depth. “But there are things we can do to strengthen it, and it’s a core goal of our current research program,” he wrote.

Prior to Pachoki’s statement, Steven Adler, a former OpenAI safety researcher who now runs Guidelight AI Standards, a nonprofit organization that works on AI safety benchmarks and standards, wrote on X that, if the Information report was true, “OpenAI seems to be violating one of the few redlines that exists in the AI industry.”

Peter Wildeford, policy director at the AI Policy Network, a Washington, D.C. think tank dedicated to advancing policies to help Americans prepare for the impact of AI, told Fortune that OpenAI’s use of recurrent depth was “potentially very concerning” and “potentially reckless.”

He noted that one of the only ways that OpenAI and outside AI evaluation companies were able to piece together what happened during the July incident in which several of OpenAI’s AI models autonomously attacked the company Hugging Face was by reading the models’ chains of thought. OpenAI has also said it is investing significant resources in real-time chain-of-thought monitoring going forward as part of its effort to prevent future rogue AI incidents. “If OpenAI is indeed shifting away from this, this is the wrong direction,” he said.

Several AI safety experts said they were alarmed by OpenAI’s use of looped Transformers in Astra not because they necessarily made Astra’s own reasoning more difficult to monitor. Rather, they feared that OpenAI’s move would normalize the technique, setting a precedent that other AI companies were likely to follow and expand on, eventually resulting in AI models whose reasoning steps were completely opaque to humans.

Daniel Kokotajlo, a former OpenAI governance researcher who now runs the AI Futures Project, a nonprofit research organization dedicated to forecasting the possible impacts of advanced AI, responded to Pachoki that “even if OpenAI doesn’t go further [in using architectures that make a model’s chain-of-thought less legible], other might.”

Kokotajlo urged Pachoki to lead efforts to create an industrywide standard on chain-of-thought monitorability “either to arrest the slide into oblivion or better yet to race to the top. I think this is something where we need more than just political will, we need thoughtful technical specifications.”

In a normal Transformer, tokens—the units of information that large language models process—are passed from lower layers of a model’s neural network to higher layers sequentially, with each layer applying mathematical operations in turn. In a language model, the final output of this process is text that people can read. In a reasoning model, the model is told to output a series of steps for arriving at an answer, and this text is first written to a scratchpad, which forms the model’s “chain of thought.” This intermediary text is then fed back through all the layers again to create the next steps, and so on, until the model reaches its final answer and outputs the answer text.

A cheaper but more inscrutable process

In a looped Transformer, tokens are fed multiple times through a single block (which can actually consist of several different layers, but not the entire network), with the same mathematical operations being applied each time. Critically, the output of the block is fed back into the block without its output being written to a scratchpad each time. So the method does not create a natural language “chain of thought,” even though each pass through the block does represent the model’s reasoning. AI researchers sometimes refer to the block’s output as “neuralese” since it can be processed and reasoned over by the AI model, but is not intelligible to a human. The only natural language output of the model is the final answer.

The advantage of looped Transformers is that by using the same mathematical operations each time and not having to pass every token through every layer of the network, they can wring greater performance out of a model of a given size and use less computer power. Studies have shown looped Transfomers can achieve the same performance as standard ones while using 50% to 90% less computing power. That matters for cost—a key consideration for many enterprise AI customers, who have been complaining about skyrocketing AI bills.

Obscuring part of a model’s chain of thought reasoning can also make the model harder to distill—a method where a smaller model is trained on the outputs of a larger model. The U.S. government and American AI companies have accused Chinese AI companies of engaging in campaigns to distill frontier AI models, including copying the chain of thought reasoning steps.

Looped transformers are just one of several new architectures researchers are considering to make AI models more efficient but which can destroy all or some of a model’s chain of thought. Another technique is Prefix Sliding, which I wrote about in Tuesday’s Fortune “Eye on AI” newsletter. That method involves preserving the initial prompt and the last several thousand reasoning tokens, but discarding many of the intermediate reasoning tokens.

Fortune senior reporter Beatrice Nolan contributed to this story.

This story was originally featured on Fortune.com

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A coalition of Kips Bay neighborhood organizations is fighting to save its beloved AMC movie theater from closure. On Thursday, the Save Kips Bay coalition sent a letter to NYU Langone urging the hospital system to work with residents on an outcome that will spare the AMC Kips Bay 15 multiplex from shuttering by the end of the year. AMC confirmed the closure late last month, saying the property owner had terminated its lease before the scheduled expiration. The owner was later revealed to be NYU Langone, which purchased the property more than a year ago. A community board meeting is scheduled for next week, giving local residents and moviegoers a chance to speak on the closure.

Photo by Eden, Janine and Jim on Wikimedia

Opened in 1999, the 15-screen theater at 570 2nd Avenue has grown into a favorite among New York cinephiles for its diverse selection of films and IMAX screenings. AMC took over the theater in 2006, and it is now the second-largest cinema in Manhattan after AMC Empire 25 in Times Square.

The theater is one of the few cinemas remaining on Manhattan’s East Side and one of the few in the city to screen films in IMAX. The property also houses a Fairway Market grocery store and a bank.

Rumors that the property had been purchased by NYU Langone were recently confirmed by Assembly Member Keith Powers, who said in a video posted to X that he had seen many movies at the theater. He also announced that he had written to NYU Langone requesting a dialogue with his office and the community.

In the letter, co-signed by Rep. Jerrold Nadler, Council Member Harvey Epstein, and others, the elected officials expressed concern over the potential loss of “key neighborhood anchors,” and criticized the hospital for lack of communication regarding the transaction.

“Given your importance to our community, we have always sought to maintain a strong relationship and an open line of communication,” they wrote. “However, we were disappointed to learn that this acquisition took place without any notification of, or engagement with, local elected officials or residents.”

“As you are aware this property has drawn considerable public attention over the past week,” they added. “Despite that attention, our offices have received no communication about the future of the development, either before the transaction or in the days since.”

An online petition was also launched to save the theater and has garnered more than 8,300 signatures as of Thursday. Some local residents have also banded together to form SaveKipsBay in an effort to halt the closure.

The Save Kips Bay coalition includes the Alliance for Kips Bay, Murray Hill Neighborhood Association, Waterside Plaza Tenants Association, the Stuyvesant Town & Peter Cooper Village Tenants Association, the Strauss Houses Tenants Association, 344 East 28th Street Tenants Association, Friends of Bellevue South Park, Manhattan East Community Association, and St. Vartan Park Conservancy.

In the letter, the neighborhood groups said NYU Langone should consider that closing the movie theater and grocery store, which many locals rely on daily, would also affect its employees who live, work, and raise families in the neighborhood.

“As NYU Langone moves forward with its plans for Kips Bay, we respectfully ask the hospital to commit to preserving our local retail businesses and to working with residents and community organizations toward an outcome that serves everyone,” they wrote.

Jessica Lavoie, vice president and chair of the Quality of Life Committee of the Murray Hill Neighborhood Association, said NYU Langone should consider the needs of residents.

“When a major institution becomes a property owner in a residential neighborhood, it also becomes a neighbor,” Lavoie said. “We’ve been hearing from many residents in Murray Hill and Kips Bay about how much Kips Bay Plaza matters to them.”

“Places like this provide the everyday uses that make a neighborhood livable, from groceries and restaurants to entertainment and places to gather,” she added. “We hope NYU Langone will consider those needs as it determines the future of this property.”

To give the public an opportunity to speak on the matter, Manhattan Community Board 6 will host a public hearing on the closure Wednesday, September 9, at 7 p.m. Locals can register to speak or submit written testimony by September 11 at 5 p.m.

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The post Kips Bay groups rally to save AMC theater from closure first appeared on 6sqft.

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Cold storage development requires close coordination among developers, owners and contractors. At CREDA’s I.CON Cold Storage conference in Dallas, a panel of five experts offered their best practices for cold storage project teams. Moderator Don Tuttle, director of cold storage at Scannell Properties, is a developer who started out as a general contractor. Having worked with all five members of the panel, he hand-selected the group to discuss how they’ve worked together on successful cold storage developments.  

Shaping Subcontractor Coordination 

The group started by discussing best practices for subcontractors and identifying where communication breakdowns can happen. Chad Gaddes, project director at Brasfield & Gorrie, explained, “For me, a big coordination breakdown is when you have trades on site that have never worked together. And even worse is when you have a trade show up that’s never even done a cold storage project, because they just don’t know what to do.” 

Gaddes reflected on past successful projects with his co-panelists Hector Castro, general manager of the cold storage division at Beldon Roofing Company, and Luke Waite, vice president of thermal at FREEZ Construction.  

While Castro’s team works on the roof, Gaddes’ team works on the underfloor warming system, and Waite’s team works on the underfloor insulation system. And all these components must be built symbiotically because they combine to create the exact building envelope required for the temperature. If one component is faulty, then the building will not function as needed. That interdependence between subcontractors and tasks aligns with Gaddes’ preference for trade partners who have worked together before.  

Waite said, “We’re part of an entire thermal envelope. And that means that any decision in terms of, say, a design change, ripples through four or five trades, right? Operating temperatures, moving a door, adding another penetration, it all adds up.” 

The reality is that most projects will have new team members, and the panel agreed that the  key is to provide education and training to ensure everyone is on the same page and at the same level. Gaddes likened this training and support to being an “easy” button for colleagues. Because if one person fails, everyone fails. 

Great General Contractors Ask Questions 

After discussing subcontractors, the panel continued to how general contractors support success on a cold storage project. Eric Brown, president, ALTA Refrigeration, said that he has recently seen more general contractors go through the scope of work to identify every step of the project. Going further, great general contractors identify what’s needed beyond the steps shown in the scope of work. “For me, it’s very simple. Ask a lot of questions. Because the more you put into something, the more you’re going to get out of it,” he said. 

Identifying what’s needed beyond the scope of work includes considering everything that could go wrong. For example, an audience member asked what to do if insulated metal panel (IMP) walls are damaged during a project. Gaddes recommended that the best solution is to be prepared for it; mitigate potential damage by protecting the walls and proactively plan for repairs with an IMP contractor. “Because it’s going to happen. It’s inevitable,” he said. 

Zach Adams, senior director of partnership development at Fricks Company, similarly shared the importance of mapping out the entire project. Knowing what lies ahead allows for early expectation-setting. In many cases, this early engagement occurs during the request for proposals, long before the general contractor is awarded. Adams concluded, “In the last several projects, we’ve been able to partner early and often. That’s when we’ve seen the most success.” 

Communicate the Details 

Owners have countless decisions to make, requiring many conversations that don’t include general contractors or subcontractors. But the contractors are the people who need to know the details. For example, knowing what product is going on the slabs allows the concrete contractors to better understand the function of their work and complete the job to the proper standards. 

Brown said, “ALTA Refrigeration wants to know, ‘what does your business look like? How many truckloads are you doing through this facility a day? What’s the maximum number of truckloads you’re doing? Are you doing product cooling or product freezing?’” The answers provide a starting point for learning all the necessary project details.  

Three Keys to Effective Communication 

So how can developers, general contractors and subcontractors communicate effectively?  

  1. Encourage engagement and involvement from all parties on day one, ideally earlier.  
  1. Communicate the details across all channels: subcontractor to subcontractor, owner to subcontractor, subcontractor to owner, etc.  
  1. Ensure an effective team by working with people you’ve had success with before, by training new subcontractors to align priorities. 

When Something Goes Wrong, Pick Up the Phone 

Adams described a recent project where there was an issue with leave outs, the sections of the building structure purposely left unsealed like the slabs, IMP and roof. The issue could have quickly turned into a situation where each person was blaming the other, but a quick check-in led to a plan to move forward. The real win according to Adams? “The general contractor was none the wiser.”  

The panel agreed that this communication structure must extend to the rest of the team, with the leads and foremen exchanging contact information to build that chain of communication.  

For audience members hoping to create a project team resembling the panel on stage, Tuttle shared that he was introduced to several of the panel members by industry leaders sitting in the audience. Finding the best trade partners will serve professionals well in the specialized cold storage industry, and communication and networking are sure methods to make those connections. 

 


JLL

This post is brought to you by JLL, the social media and conference blog sponsor of CREDA’s I.CON Cold Storage. Learn more about JLL at www.us.jll.com or www.jll.ca.

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Tactical athletes may be the most important professionals you’ve never heard of. 

They are not famous and they do not play in professional leagues. What sets these EMTs, firefighters, police officers, Marine pilots, Navy SEALs, Army engineers, and astronauts apart from competitive athletes is who they’re playing for: not for themselves, not for a team, but for their community.

Read the rest…

This post was originally published here. 

OpenAI on Thursday unveiled GPT-6 Astra, a new artificial intelligence (AI) model the tech company says features major improvements in computer use, coding, scientific research and professional work.

The San Francisco-based company said Astra is rolling out starting Thursday to enterprise customers with Daybreak access. In the coming days, it will also roll out to ChatGPT Plus, Pro, Business and Enterprise users, as well as through the OpenAI API and Amazon Web Services.

“GPT-6 Astra is built on advances across pre-training, reinforcement learning, and alignment, bringing together years of research and big bets,” OpenAI said. “Astra is state-of-the-art on computer use, browser use, software engineering, cybersecurity, science, and professional work.”

OPENAI, 100+ COMPANIES WARN OF COMING SURGE IN AI-POWERED CYBERATTACKS, CALL FOR GLOBAL DEFENSE PUSH

The new model can carry out “tedious” computer-based tasks, such as filling out online forms, updating customer records, organizing calendars and conducting research.

OpenAI also said Astra can create documents, spreadsheets and presentations.

“GPT-6 Astra is the best model for software engineering to date,” the company added.

OPENAI SAYS AI MODEL HACKED ANOTHER COMPANY’S SYSTEMS DURING INTERNAL TEST

The tech company also said that Astra represents a significant jump in cybersecurity capabilities.

“As we discussed in our safety update, Astra is a significant jump in cyber capabilities and meets the Critical threshold in cybersecurity under our Preparedness Framework,” OpenAI said.

The company also touted Astra’s performance in math and science, calling Astra a “major advance for scientific discovery, mathematics, and health.”

GOP AGS WARN OPENAI’S ALTMAN TO PRESERVE RECORDS IN AI AGENT HACKING PROBE

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“Astra is our most aligned model. Astra excels at exercising care, respecting task boundaries, and communicating transparently,” the company said. “This work is the latest product of our long-running research program focused on training models that remain aligned with human intent from start to finish.”

The company has faced heightened scrutiny over AI safety after OpenAI-built agents breached their testing environment and accessed open-source platform Hugging Face.

OpenAI said Astra was not involved in that incident.

Reuters contributed to this report.

This post was originally published here

The California Assembly opted not to vote Tuesday on legislation meant to help wildfire victims, deciding at the last minute to push back a decision on a bill that some Democrats, including Gov. Gavin Newsom, said wouldn’t meaningfully address the financial challenges caused by catastrophic blazes.

Lawmakers introduced the legislation over the weekend after they rejected an ambitious proposal by Newsom that would have limited electric companies’ financial liability for fires sparked by their equipment.

After deciding not to vote Tuesday, Assembly Speaker Robert Rivas said lawmakers would revisit the issue this fall.

“The proposal before us does not yet deliver the relief, accountability or meaningful reform that Californians deserve,” the Democrat said in a statement. “So, we are going back to work — and we will not stop until we have done everything in our power to deliver real results.”

Newsom’s plan would have reduced the amount utilities had to pay some victims and barred insurance companies from suing electrical companies to get reimbursed for damages paid out to homeowners.

The governor said the last-minute compromise he made with lawmakers would have had some benefits for wildfire victims, such as getting paid faster, but that it failed to make necessary, sweeping reforms to tackle the question of who covers the cost of fires ignited by utility equipment.

Newsom acknowledged that the bill would have made some progress toward addressing the contentious, high-stakes issue.

“I could have easily walked away from it,” he told reporters Monday. “And that would have been a disservice to you and the people of this state.”

Monique Limón, the president pro tempore of the state Senate, said she was disappointed that the deal wasn’t passed Tuesday.

“Thousands of survivors made their voices clear — they needed reform to ensure the next wildfire does not continue to cause the mental and financial stress that recent disasters have placed on Californians,” the Democrat said in a statement.

Who pays for wildfires is a contentious issue

Newsom’s failure to get his full plan passed by the end of the session marked a rare loss for the governor, who has often found support for his policy wishes in the Democratic-led Legislature. It comes as he wraps his final session before leaving office in January.

Fire victims heavily criticized his proposal, even protesting outside the governor’s mansion in Sacramento last week. They argued Newsom’s plan would have placed the needs of utilities over those of victims, while insurance companies said shifting more of the cost of damage onto them would have required them to raise rates for policyholders.

Joy Chen, executive director of Every Fire Survivor’s Network, a group of victims of the 2025 Los Angeles-area fires, said the deal was a win for them.

“Survivors from across California came to Sacramento and asked our elected representatives to stand with the people whose homes, communities and lives have been devastated,” she said in a statement. “They listened.”

Newsom hoped his plan would help stabilize the state’s notoriously high electricity rates by protecting utilities from the full financial impacts of wildfires. Utilities have raised rates to pay for wildfire prevention and recovery as climate change has made the blazes more intense and frequent. Under California law, utilities have to pay damages for fires ignited by their equipment, even if a judge doesn’t find them negligent.

The question of who should cover the cost of utility-sparked fires has persisted throughout Newsom’s tenure, which began after the most destructive wildfire in state history. He signed a law in 2019 — his first year in office — that created a $21 billion fund, paid for by utility shareholders and ratepayers, to help utilities pay for wildfire damages if they take certain safety measures. He and lawmakers agreed last year to supplement the pot of money with another $18 billion fund.

Newsom unveiled his latest proposal as Southern California Edison faces claims from the state’s second-most destructive blaze, a 2025 fire that killed 19 people outside of Los Angeles.

Compromise aims to pay victims faster

The bill lawmakers were slated to vote on would have created a program to ensure that fire victims get paid more quickly, banned hedge funds from profiting from wildfire claims and barred utility executives from receiving bonuses if their company’s equipment sparked a blaze that ends up damaging or destroying more than 500 buildings.

The California Catastrophe Response Council, which oversees the wildfire fund, would have to appoint an administrator to create a process to resolve victim claims more quickly.

Utilities and some lawmakers criticize the bill

Pacific Gas & Electric, which filed for bankruptcy in 2019 after it faced claims from a devastating Northern California blaze started by the utility’s equipment, and Edison International, Southern California Edison’s parent company, were disappointed with the deal. They said in a letter to lawmakers that the bill would fail to stabilize rates for Californians and wouldn’t provide “durable, long-term solutions” for compensating victims, sustaining the state’s wildfire fund, or managing utilities’ financial risk.

Assemblymember Rick Zbur, a Democrat, called it a “disaster” that lawmakers couldn’t agree on making more sweeping reforms.

“We’re nibbling around the edges, and we’re not dealing with the structural issues,” he said at a hearing on the bill.

Katelyn Roedner Sutter, of the Environmental Defense Fund, was also underwhelmed with the proposal, saying it wouldn’t go far enough to lower the risk of fires and stabilize electricity and insurance rates.

“The best I can say about this bill is it’s fine,” she said after the hearing.

Legislature passes the nation’s first smoke contamination testing standards

Lawmakers also passed a bill Monday that would create the nation’s first standards for testing and cleaning up lead, asbestos and other toxic contaminants inside homes after a wildfire.

Assemblymember John Harabedian, a Democrat who wrote the bill, said it was borne out of the deadly 2025 Eaton Fire that swept through Altadena, which he represents. He said it’s important for lawmakers to “figure out very quickly how to protect wildfire survivors and rebuild communities,” and the bill is one way to do that.

___

Associated Press reporter Dorany Pineda in Los Angeles contributed to this report.

This story was originally featured on Fortune.com

This post was originally published here. 

WASHINGTON — America’s largest automakers are pressing Congress to move quickly on legislation that would effectively lock Chinese-made connected vehicles and key Chinese automotive technology out of the U.S. market.

The Alliance for Automotive Innovation, which represents companies including General Motors, Ford, Toyota, Volkswagen, Hyundai, Honda and Stellantis, urged lawmakers Thursday to turn existing restrictions into permanent law before Congress adjourns.

The issue goes far beyond tariffs.

Modern vehicles are increasingly computers on wheels.

They collect information through cameras, Bluetooth, Wi-Fi, cellular connections, navigation systems and other sensors. Automakers and national-security officials have raised concerns that Chinese-controlled vehicle software or hardware could potentially create access to sensitive data or critical systems.

Existing federal rules already make it extremely difficult for Chinese automakers to sell connected vehicles in the United States.

The new push would strengthen those restrictions and make them much harder for a future administration to reverse.

That could effectively create a long-term barrier preventing major Chinese manufacturers such as BYD and SAIC Motor from entering the American passenger-vehicle market.

For U.S. automakers, however, the issue is not only security.

It is also competition.

Chinese manufacturers have become some of the fastest-growing and most aggressive automakers in the world, particularly in electric and software-heavy vehicles.

BYD has grown into one of the world’s largest electric-vehicle manufacturers by combining low production costs, battery technology and aggressive pricing.

Ford CEO Jim Farley has repeatedly warned about the strength of China’s auto industry and the challenge it presents to established Western manufacturers.

Chinese automakers are already expanding rapidly in Europe, Latin America, Asia and other markets.

The United States remains one of the few major automotive markets where their presence is extremely limited.

That makes the congressional fight important.

If Chinese manufacturers were eventually allowed broad access to the U.S. market, they could introduce lower-priced vehicles that place significant pressure on American, Japanese, Korean and European manufacturers already operating here.

The industry is therefore asking Washington to close the door before that competition develops.

One Senate proposal would codify federal rules restricting Chinese-connected vehicle software and hardware while preventing the Commerce Department from granting Chinese manufacturers exemptions that could allow them to sell or manufacture vehicles in the United States.

The restrictions are already having consequences.

Polestar, the electric-vehicle manufacturer controlled by China’s Geely, has said it plans to stop selling new vehicles in the United States beginning with the 2027 model year because of the regulatory environment.

The legislation remains complicated because global automakers themselves have extensive ties to China.

Some Western manufacturers operate joint ventures with Chinese companies, source components there or have Chinese investors.

That means lawmakers must decide how broadly to define a Chinese connection without unintentionally restricting vehicles made by established Western brands.

But the larger direction of U.S. policy is increasingly clear.

Washington is treating automobiles not simply as imported consumer products but as connected technology platforms with national-security implications.

And the auto industry itself is largely supporting that approach.

For American automakers, a permanent restriction would accomplish something equally important commercially:

It would prevent some of their fastest-growing global competitors from entering the world’s most profitable major vehicle market.

The debate over Chinese cars is therefore becoming a combination of national security, technology policy and industrial protection.

And if Congress acts, the competitive structure of the American auto industry could effectively be locked in before China’s biggest automakers ever get a serious chance to enter it.

JBizNews Desk | Washington

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Zoox announced Thursday that its driverless robotaxis will begin transporting passengers to and from Harry Reid International Airport in Las Vegas, marking the company’s first airport service.

The Amazon-owned company told FOX Business that, beginning Thursday, riders can book trips between Harry Reid International Airport and the Las Vegas Strip.

“Bringing autonomous transportation to one of the country’s busiest airports requires true partnership, and we are grateful to the Clark County Department of Aviation and the state of Nevada for their continued support as we help shape the future of mobility,” said Ron Thaniel, Zoox’s senior director of policy and regulatory affairs.

WAYMO EXPANDS DRIVERLESS ROBOTAXI SERVICE TO 3 MAJOR US CITIES

Zoox will pick up and drop off passengers at designated curbside locations at the airport, with pickup and drop-off points varying by each of the two passenger terminals.

The robotaxis use lights and audio cues to help riders locate them in busy pickup areas, and passengers can pair their devices via Bluetooth to listen to their own music during the ride.

The vehicles seat four passengers and feature carriage-style seating, with two rows facing each other. The company said there is enough room for roughly one piece of luggage per person if the vehicle is full.

ZOOX ROBOTAXI REDESIGN BRINGS BIG RIDER UPGRADES

On July 31, the National Highway Traffic Safety Administration granted Zoox a temporary exemption from certain federal motor vehicle safety standards, clearing a key regulatory hurdle for the company to begin charging for rides.

The exemption was necessary because the vehicles lack traditional driver controls, including a steering wheel and pedals, that are required under federal safety standards.

After receiving the federal government’s blessing, Zoox launched paid robotaxi rides in Las Vegas on Aug. 10. The company also operates in San Francisco, where its service remains in the testing phase.

Destinations within the app include the Las Vegas Convention Center, the Sphere, the T-Mobile Arena and many major resorts on the Strip.

According to Zoox’s website, the company is looking to begin offering paid rides in 10 other cities, including Seattle, Austin, Dallas, Houston, San Diego and Los Angeles.

This post was originally published here. 

When the paperwork involved with changing last names is making people not want to get married, there’s at least one solution: marry someone with the same last name as you.

That’s what’s happening in Japan, where by law married couples have to share the same last name. To try to get around this rule, one organization is hosting matchmaking events for people with the same surname.

Asuniwa, a Japanese NGO that has advocated for changing the “family name” law, partnered with matchmaking services provider IBJ to host four events in Tokyo through May of this year, and an online event in June that brought together young people with the last name Suzuki, the second most common surname in Japan, the Japan Times reported. The first most common last name is Sato.

The events were meant to draw attention to the family name law requiring married couples to share a last name, known as Article 750, which has been on the books for 128 years. Each couple in Japan can choose which last name of the two they would like to adopt, but by tradition it is often the woman who gives up her last name after marriage.

The law has in some cases discouraged people, and especially women, from wanting to marry at a time when Japan’s birth rate has fallen to dangerously low levels. A government survey from 2021 found that 31.9% of women surveyed cited changing their last name as the reason they were not eager to marry, compared to 8.6% of the men who were surveyed, according to a government survey by Japan’s Gender Equality Bureau.

“Changing one’s surname is costly,” said Yuka Maruyama, an Asuniwa official who told the Japan Times it costs plenty of money and time to adjust official documents like passports and driver’s licenses. “Even if we can help only some people, we hope they will get married without worrying about their surnames.”

A country full of Sato’s

In 2024, Asuniwa worked with Hiroshi Yoshida, an economist from Tohoku University in northeast Japan, for a study that revealed by 2531, everyone in Japan will have the same last name, Sato, if the rules remain unchanged. A survey conducted last year by the Japan Public Opinion Research Association found 55% of 3,000 respondents supported the idea of allowing an option for married couples to maintain separate surnames, still attempts in Japan’s legislature, the National Diet, to overturn the law have not been successful.

Births in Japan have been on a downward trajectory for years and hit an all-time-low in the six months between January and June last year when 339,280 babies were born. That’s compared to more than a decade ago when more than 500,000 births were common during the same period. Marriages also fell 4% over the same six-month period.

For years, Japan has taken steps to try to reverse its falling birthrate by expanding monthly child allowances, bringing IVF and other fertility treatments under the purview of public insurance, and expanding parental leave benefits. Tokyo’s government in 2024 even launched a government-sponsored dating app requiring users to affirm they are looking for a partner to marry before joining.

In a February speech, prime minister Sanae Takaichi said the falling birth rate was a central part of her policy goals, saying “The declining birthrate and population decline constitute a silent emergency that is steadily eroding Japan’s vitality.”

Takaichi’s government has focused on reducing the cost of childbirth, by aiming to eliminate out-of-pocket costs for standard child birth, although the policy has not yet gone into effect.

To be sure, Japan got some good news earlier this year when births for the first six months of the year increased for the first time in 11 years—but just slightly. Births increased by 0.8% and marriages were up by 0.2% compared to the same period a year prior, according to Japan’s Ministry of Health, Labor, and Welfare.

Still, some warned that this uptick did not mean Japan’s population decline was close to being reversed. It was still the fifth consecutive year where births did not exceed 400,000 for the first six months of the year.

This story was originally featured on Fortune.com

This post was originally published here. 

The Prime Minister’s Office on Thursday published a record of Prime Minister Benjamin Netanyahu’s schedule from the morning of October 7, 2023, in which it was alleged that he spoke with former defense minister Yoav Gallant far earlier than previous reports had indicated. 

According to the released schedule, Netanyahu spoke with Gallant during his drive to the Kirya between 7:30 a.m. and 8:22 a.m., when he was told that there was “no clear situational picture.” People close to Gallant did not deny that this conversation had occured.

The schedule also indicates that Netanyahu was unaware of the ongoing Hamas attack until 6:29 a.m., when his military secretary, Maj.-Gen. Avi Gil, informed him of it.

Previous reports, including an exclusive story by The Jerusalem Post, have shown that Gil waited 16 minutes to wake Netanyahu after being informed of the situation by the Shin Bet (Israeli Security Agency) at 6:13 a.m. This fact was omitted by the Prime Minister’s Office.

Afterward, Netanyahu held a second call with Gil at 6:44 a.m., during which, according to the Prime Minister’s Office, he made several inquiries into whether a large-scale reserve call-up was needed and whether Hamas’s senior leadership could be eliminated, as well as questioning why nothing had appeared in intelligence briefings provided to him prior to October 7.

Netanyahu then left for the Kirya at 7:30, speaking with the defense minister on his way, and arrived at 8:22. The schedule records the prime minister as having received ongoing updates and intelligence briefings between 8:30 and 9:30 a.m., overlapping with a meeting between Netanyahu, former IDF chief of staff Lt.-Gen. Herzi Halevi, and former Shin Bet director Ronen Bar at 8:40.

 Prime Minister Benjamin Netanyahu seen with IDF Chief of Staff Herzi Halevi and Defense Minister Yoav Gallant on Wednesday, May 31, 2023 (credit: KOBI GIDEON/GPO)

At 9:47 a.m., Netanyahu received, according to the schedule, a document summarizing the situation assessment Bar had held four-and-a-half hours earlier, at 5:15 a.m.

Netanyahu holds security assessment with officials

Finally, at 9:55 a.m., Netanyahu held a broader situation assessment with Gallant, Halevi, Bar, the Mossad director, the National Security Council head, and the head of Military Intelligence. 

After this meeting, the schedule recorded that the prime minister held a separate security consultation with Halevi and Gallant.

The release comes after KAN News reported that Netanyahu did not speak with Halevi until three hours after the Hamas attack began.

This post was originally published on here. 

Likud MK Tally Gotliv has been permitted to run with National Security Minister Itamar Ben-Gvir’s Otzma Yehudit Party in the election for the 26th Knesset, Likud announced on Thursday.

“The Likud and Tally Gotliv agreed that MK Gotliv will be able to run in the elections for the 26th Knesset as part of the Otzma Yehudit faction and will not be declared a defector,” the party said in a statement.

“As part of the agreement, Gotliv is required to remain subject to the Likud Party’s faction discipline in votes until the 26th Knesset,” Likud added.

“We wish Tally success.”

The arrangement allows Gotliv to move politically toward Otzma Yehudit ahead of the next election without being formally designated as having left the Likud faction during the current Knesset, or being declared a defector.

MK Tally Gotliv attends a House committee meeting at the Knesset, the Israeli Parliament in Jerusalem on, June 15, 2026. (credit:  Yonatan Sindel/Flash90)

In Israel, to be declared a defector would trigger certain political and financial sanctions, including making the party member ineligible to run in the next election.

Ben-Gvir welcomed Gotliv into his party with open arms, stating she was “joining a family of fighters.”

“We know, and we have seen, that you are a true fighter: a fighter against injustice, a fighter for justice, a fighter against the deep state, and a fighter against those who persecuted our dear prime minister. Tally, we are proud of you. We embrace you. We are delighted that you are joining us – welcome!” he wrote.

Gotliv’s future with Likud was called into question after the party’s primary election

Gotliv initially said she would consider joining Otzma Yehudit after being placed 20th on Likud’s election list following the party’s primary election, noting she would consider switching if she received a serious offer but would always remain loyal to Likud and Prime Minister Benjamin Netanyahu.

After receiving a lower slot on the list than initially expected, Gotliv had said she believed she had been deliberately pushed down the list and had asked Netanyahu to restore her to the 12th position.

Previous reports indicate that Gotliv will likely receive a top-five slot on Ben-Gvir’s list, though the party is expected to share its full list next week.

This post was originally published on here. 

Billboards with “Jews.com” written on them have been appearing in recent weeks at various locations across New York City, including Brooklyn and Manhattan, as well as heavily Jewish areas of New Jersey.

They are not the first Jew-related billboards to be placed across the city; the bright pink “Jew Belong” campaign and Chabad’s “Born to be a Yid” adverts are omnipresent.

But while Jew Belong and Born to be a Yid are both campaigns run by Jewish organizations and are intended to strengthen Jewish identity among Jews, Jews.com is not.

The website is ostensibly an educational resource about the Hebrew scriptures. But after a short scroll, it becomes clear that the website is aimed at converting Jews to belief in Jesus.

All articles, videos, and question boxes by “Rabbi” Kurt Schneider begin by referencing passages from the Torah before progressing into an appeal for belief in Jesus as the messiah and encouraging Jews to reevaluate their preconceptions.

A billboard advertising the site jews.com. (credit: Screenshot/Instagram)

Site compares Hassidic rebbes to Jesus

Schneider speaks about hassidic Jews, viewing rebbes as intermediaries between them and God, for example, before telling the viewer that “Jesus is the true intermediary; he can bring you into a direct personal relationship with [God].”

He also says, “Jesus is not outside Israel’s story. Jesus, known in Hebrew as Yeshua, is the messiah God promised to Israel.”

Schneider says that Jewish people have struggled to accept Jesus as the messiah because “He has often been portrayed not as a Jew but as a gentile” in culture and art.

“For centuries, much of Western art has presented Jesus as fair-skinned and European, disconnected from the culture, bloodline, and traditions of the Jewish people. This has made it harder for many of our people to see him for who he truly is: The Jewish messiah.”

Schneider then cites a passage from Isaiah which says the messiah will suffer before he is recognized and honored, using this to evidence his claim that Jesus has simply not yet been recognized by the Jews.

“I am appealing to you not to reject Jesus simply because he was crucified. His earliest followers were Jews, and they bore witness that God raised him from the dead and that they had seen him alive afterward,” he said.

Kurt Schneider is not a rabbi, nor has he ever been ordained as such.

While born to Jewish parents in Ohio, he “came to Jesus” and has since self-described as a messianic Jew focused on proselytizing.

At the age of 20, he says, the Lord supernaturally appeared by sending him back 2,000 years “to visibly witness Yeshua being crucified.”

He says that his parents had him kidnapped by “the most famous deprogrammer in the country to deprogram me,” and then sent him to a psychiatric hospital.

After his release, he went to Toccoa Falls Bible College where he was awarded the Preacher of the Year Award. He then became a church minister.

Schneider runs the TV and radio ministry Discovering the Jewish Jesus, aimed at proclaiming “the messiah to Jewish people and the world.”

A lot of the content involves the bastardization of Jewish scripture, holidays, and traditions for proselytistic purposes – notably, the reframing of Yom Kippur as a holiday about Jesus.

Christian proselytizing organization conducts campaigns in Israel

Schneider’s organization also sends missionaries to Jews around Israel and Africa to bring them to Jesus.

The website notes, “God has placed a specific burden on Rabbi Schneider to lovingly, directly, and faithfully bring the truth of messiah Yeshua to Jewish people.”

As a result of this supposed God-given mission, the organization does a lot of work in Israel, including creating Hebrew billboard campaigns with the question: “What if he is right?” and the broadcast Discovering The Jewish Jesus, which, according to the website, reaches “200 nations worldwide” and “an estimated 97% of television homes in Israel.”

There is also a Hebrew version of the website.

While often claiming to be messianic Jewish and wearing a kippah and a tallit, Schneider has also publicly identified as Christian.

“A Christian is someone who is not born a Christian; technically, a Christian is someone who makes the decision to follow the Christ. I am a Jew, and I believe in the Jewish messiah,” he has said.

“But if you want to use the Greek, then I’m a Christian.”

The Jerusalem Post reached out to Schneider for comment.

This post was originally published on here. 

The dissection of the war and peace policies that Prime Minister Benjamin Netanyahu faces from his challengers in the October 27 election is not new: he has failed to achieve diplomatic and lasting strategic changes to make Israel safer, wasting a wide range of large tactical military wins.

This is the main message of Gadi Eisenkot, who has been leading in the polls in the race for prime minister in recent months.

Regarding security zones, at first blush, Eisenkot wants to maintain some kind of significant security zone in Gaza, Lebanon, and Syria, the same as Netanyahu and former prime minister Naftali Bennett, who is currently third in the pack for the prime minister’s race.

But Eisenkot has several original ideas for improving Israel’s security and diplomatic situation, which The Jerusalem Post has learned about.

Birds fly as smoke rises following an explosion, after Israel and the US launched strikes on Iran, amid the US-Israel conflict with Iran, in Tehran, Iran, March 2, 2026.  (credit: MAJID ASGARIPOUR/WANA (WEST ASIA NEWS AGENCY) VIA REUTERS)

Eisenkot’s nuclear ‘kill zone’ in Iran

Regarding Iran, Eisenkot has a creative idea that no other Israeli official has voiced out loud: for the US to create a “kill zone” around the few areas where Iran’s 60% enriched uranium is still underground (whether covered in rubble or finally being properly stored)

While US President Donald Trump has talked theoretically about watching everything near those few sensitive Iranian nuclear areas, Eisenkot would suggest making a clear public commitment to attack any changes in those areas that might involve moving nuclear material.

This would also require committing long-term aerial resources to the area, just as the US did over Iraq in the 1990s.

This is his out-of-the-box solution if ongoing maximum pressure and negotiations fail to produce a good deal.

A “good deal” for him would be to remove Iran’s nuclear threat permanently with very long-term, anytime, anywhere inspections to ensure there is no clandestine attempt to later reestablish the program.

While the IDF strikes in June 2025 succeeded in pushing back Iran’s nuclear program for some years and the Islamic Republic has not seriously tried to restore the threat since, the existence of the 60% enriched uranium remains a significant untied loose end.

The Post understands that Eisenkot is no more willing than Netanyahu to endorse a “bad deal,” one which would merely delay an Iranian nuclear threat to a later date.

In contrast, if the US established a “kill zone” in the few key nuclear areas which remain, Tehran would have no way to move forward without being noticed and struck from the air.

Of course, the nuclear threat is only part of the Iranian security dilemma. 

Since April 2024, the Islamic regime has shown it is prepared to attack Israel with ballistic missiles directly during four separate rounds, and has attacked around a dozen other Middle Eastern countries: from the Saudis to Jordan, to the UAE to Qatar.

Regarding the ballistic missile threat, Eisenkot takes partial credit for helping prepare the country’s air defenses for the day when Iran would finally attack, though that day came five years after he had left office as IDF chief.

Going forward, Eisenkot recognizes that his and Israel’s maneuvering room against the ballistic missile threat is narrower than it is versus the nuclear threat.

Whereas Trump has made removing Iran’s nuclear weapons threat a central pillar of his presidency, he has publicly dismissed the missile threat. He has even bizarrely said that Iran having such missiles (which it has fired thousands of all over the region) is no more dangerous than the Saudis having such missiles (though Riyadh has not fired them on anyone)

Accordingly, the Post has learned that Eisenkot would return to using covert Mossad operations against Iran, but he would widen the attack and spying targets to include ballistic missiles, and not just the nuclear issue as in the past.

Gadi Eisenkot, head of the Yashar party, holds a press conference with the party’s new member Yoram Cohen in Tel Aviv, May 5, 2026. (credit: FLASH90)

‘Post’ learns that Eisenkot believes Syrian President Sharaa remains a jihadist 

Unlike Bennett, who is suspicious of Syrian leader Ahmed al-Sharaa but is willing to entertain US arguments that he may have reformed himself, Eisenkot is fully convinced that the Syrian president remains a jihadist, given the background he comes from.

Accordingly, like Netanyahu and Bennett, Eisenkot is in no rush to withdraw from any part of the buffer zone in Syria.

However, there is a critical difference.

In Eisenkot’s view, Netanyahu has lost sight of the idea that holding onto territory in a foreign hostile country is not an end in itself that can be perpetuated forever, but leverage with which to negotiate improved strategic diplomatic terms.

The 1974 ceasefire between Israel and Syria created demilitarized zones on the Syrian side, so there is precedent for demanding that, in exchange for any partial future withdrawal, the Syrian military remain at a distance from the Israeli border.

If Syria can be influenced to sign on to such terms, then provided that Israel holds on to the Syrian-side of Mount Hermon, due to its unique strategic significance, the Post understands that Eisenkot could see reaching a deal with Syria at some later date.

He would view such a deal as moving Syria’s military further away from Israel than it currently is, while wasting fewer Israeli resources on occupying large swaths of Syria, which Jerusalem has no actual interest in. 

Of course, Syria is more complicated than that.

Eisenkot also wants to keep Turkey and Russia out of Syria, such that al-Sharaa shifts more permanently into the US’s sphere of influence.

This would not mean al-Sharaa would never attack Israel, but it would make it harder and more costly for him to do so.

Turkey may be the trickiest part of this situation.

Here, Eisenkot has a very creative idea.

The truth is that Israel and Eisenkot would not be terribly concerned about a small tactical Turkish presence in northern Syria, around Alexandretta, far from Israel.

Rather, the Israeli defense establishment and Eisenkot are worried that Turkey cannot have ground forces near Israel’s border in southern Syria, and, more importantly, that Ankara cannot have radars and air defenses in Syria, which would limit the Israeli air force from taking action.

In other words, even if Israel and Syria reach a new defense deal, which Eisenkot thinks he can do better than Netanyahu, The Post has learned that he would insist on overriding security freedom of action to strike any strategic threat from the air which Iran or another adversary might try to move through Syria.

In addition, he would advocate for a much larger UNDOF Syria peacekeeping force, with the US heavily involved to ensure that the force would be effective, and not a burden, as UNIFIL has been in Lebanon.

Last, Eisenkot is strongly committed to protecting the Syrian Druze from any potential massacre by al-Sharaa and his allies during any future internal Syrian feud.

If pressured by Trump not to interfere in the Syrian Druze issue and only to take action if Israel is under threat, Eisenkot is confident that he could explain to Trump the unique Israeli bond to the Syrian Druze by virtue of the Israeli Druze being deeply embedded within the IDF.

IDF Chief of Staff Gadi Eisenkot visits Hamas terror tunnels on the Gaza border (credit: IDF SPOKESPERSON'S UNIT)

What is Eisenkot’s plan for Gaza?

Regarding Gaza, Eisenkot’s fiery accusation is that Netanyahu has kept Hamas in power in the Strip.

True, Netanyahu has ordered the IDF to kill around 25,000 Hamas fighters, including most of its leaders, but he has also blocked attempts to replace Hamas with either the Palestinian Authority (PA) or the NCAG technocratic body which the Trump administration wanted to send into Gaza in early 2026.

Certainly, Eisenkot would place blame on Hamas itself for dragging its feet on making the concessions toward disarmament which it agreed to in the Trump-brokered October 2025 ceasefire.

But he would add that Netanyahu repeatedly dropped the ball on putting full-court diplomatic and political pressure on Hamas by focusing solely on military pressure.

Like Bennett, Eisenkot is more open to working with other political interests to replace Hamas.

If Bennett is almost entirely focused on Egypt, Eisenkot dislikes the PA, but the Post has learned that he agrees with the majority defense establishment opinion that if the choice comes down to: PA or Hamas, Hamas is much worse.

In that sense, Eisenkot does not have as much of a set ideology on who should run Gaza, as long as Israel preserves a security corridor, whoever might take control.

Additionally, if Netanyahu has tried to use the “poison pill” that Hamas must fully disarm before Israel allows any Gaza rebuilding, Eisenkot is ready to agree to the spirit of the Trump deal in which partial disarmament can lead to partial rebuilding measures.

He does not want to give Hamas the excuses that he says Netanyahu is giving the terror group to refuse to cooperate.

Moreover, Eisenkot recognizes that Israel’s diplomatic standing and legitimacy have hit new lows in recent years, and he frames Netanyahu’s avoiding any rebuilding in Gaza under any circumstances as perpetuating this situation.

In contrast, he strongly believes that getting Netanyahu himself out of the premier’s chair will already start to generate some goodwill globally. He also thinks that even partial deals could weaken Hamas and start to rehabilitate Israel’s reputation.

After all of that, Eisenkot is absolutely opposed to any discussion of a Palestinian state in either the near or medium term, saying that those suggesting such a solution do not understand post-October 7 Israel’s social and political realities.

But he thinks saying yes to other kinds of international initiatives more often, and providing a horizon for the Palestinians in the distant future, beyond what would be his first term in office, will fundamentally restore Israel as a member of the West in a way that Netanyahu cannot and will not do.  

Eisenkot aims to restore US-Israel relations, remind Washington of Israel’s regional Importance

A major goal for Eisenkot as prime minister would be to remind and convince Americans – both Democrats and Republicans – that Israel is an asset for the US.

From a security perspective, while the US may not feel as imminently threatened by nuclear weapons in the Middle East, he would emphasize that leaders from both major American political parties have opposed Iraq, Syria, and Iran obtaining such weapons.

All US political leaders have said that nuclear weapons in the Middle East would eventually endanger America.

Eisenkot will seek to remind Americans that Israel has helped save the US from this danger, not just regarding Iran – which is a mixed political bag these days because of the gas prices crisis connected to the standoff with the Islamic Republic – but also with Iraq and Syria.

Further, Eisenkot will call on Washington to recall that Israel was a significant asset for the US across the Middle East in combating the expansion of ISIS – and this was true even though the group did not really directly threaten Israel in any large near-term sense.  

Until the broad US attack on Iran in early 2026, America had managed in many instances to benefit from Israel policing aspects of rogue and dangerous Middle East actors without having to get its hands dirty, and always with unparalleled intelligence help.

With Netanyahu out of the way, the end of political attacks on Israel’s rule of law institutions, the end of government officials making statements of incitement, and new government officials extending themselves to restore a common dialogue with the West, Eisenkot believes that Israel can once again benefit from being viewed as the only democracy in the Middle East.

Eisenkot believes that both the internal and global behavior of Netanyahu and his coalition partners, like Itamar Ben-Gvir and Bezalel Smotrich, have greatly harmed Israel’s image as a democracy with values in common with the West, but that it is not too late to repair that damage.

If suddenly the Israeli prime minister is trying to find ways to say “yes” to Western initiatives for peace and to project positivity around them, even if Eisenkot would not be able to sign off on certain key Western priorities, the Post has learned that he believes the entire tone and playing field will change. 

How will Eisenkot differ on Lebanon?

One very specific example where Eisenkot would be different than Netanyahu is in Lebanon.

There, while he agrees with Netanyahu that US military liaisons should be the most dominant in handling and improving the Lebanese army and in judging whether benchmarks have been met by that army regarding any IDF partial withdrawal issues, the Post understands that he would also restore the French to a significant role.

Netanyahu has been in a large battle with the French over Gaza, Lebanon, and Iran, pushing them out of having any influence to punish them for rebuking his policies, and especially the heavy criticism of France of the IDF’s conduct of the war in Gaza.

In contrast, Eisenkot would seek out areas of agreement and common views, and try to focus more on those issues than on getting stuck on fighting over areas where the parties disagree.  

Regarding the security zone, Eisenkot and Netanyahu are not far apart.

Netanyahu has been indicating he would like to hold the entire current security zone, which in some places goes beyond 10 kilometers, though he already withdrew from Lebanon in early 2025 and has started a possible withdrawal process in recent weeks.

Eisenkot is as skeptical, or more so (due to his military expertise and having been northern commander), as Netanyahu about the weak performance of the Lebanese military, but in certain circumstances, the Post has learned he would be willing to move back to an eight-kilometer security zone.

This position once again reflects Eisenkot’s military expertise, knowing that an eight-kilometer zone will prevent Hezbollah from firing anti-tank missiles into Israeli territory. This contrasts with demanding a larger zone that offers less specific military benefit and may be more political.

But Eisenkot is deeply worried about what he says are still 2,000 Hezbollah fighters in southern Lebanon, despite the deep IDF invasion of the area.  

He hopes American and French political and military backing can push the Lebanese army to take on Hezbollah in a much more confrontational way.

France is not the only European country Eisenkot wants to repair relations with.

According to Eisenkot, France, England, Germany, and Italy are critical allies for Israel and should be treated as such.

Few officials in Netanyahu’s government mention that France and England put their own forces in harm’s way to shoot down Iranian ballistic missiles multiple times in 2024, but Eisenkot believes Israel must work harder to re-elevate relations with all of these countries, even if they criticize Israel at times.

He also believes that with a new government led by him, which is open to discussing peace initiatives, their criticism will be reduced to prior, more “normal” pre-October 7 levels.

Eisenkot may not fully understand the challenge in this area post the Gaza war.

In his view, encouraging tourism and business even with countries which have shifted to being rabidly anti-Israel, like Spain and Ireland, could restore prior relations.

With such countries, he may face a rude awakening that their attacks on Israel are on consensus moves the IDF took in Gaza, which Eisenkot also supported, not just against Netanyahu.  

Still, he is a realist.

Eisenkot is upfront about the normalization process with the Saudis being dead for the foreseeable future.

And he understands that this is not merely because the Saudis are demanding a Palestinian state, which only a tiny percentage of Israelis would currently endorse, but also because of the sides’ diverging views over the Gaza war.

If weeks before October 7, the Saudis were talking about imminent normalization so they could be more like Israel’s dot-com society, many Saudis were horrified by the intensity and length of Israel’s war on Hamas, which destroyed the vast majority of Gaza’s structures and, compared to other Gaza wars, killed an unprecedented number of Hamas and civilians.

Eisenkot understands that the ideological and identity differences between the countries and how they view the post-October 7 world are now a gulf that will take much longer to cross.

In the meantime, he would emphasize improving relations with Egypt, Jordan, the UAE, and other Gulf countries, all of whom he would say Netanyahu ignored or got into unnecessary and unproductive fights with.

Regarding Jordan, he supports the fence the Netanyahu government began building in early 2026 to strengthen security on that border. Yet he emphasizes that improving relations with Jordan to pre-2023 levels will lead to greater cooperation and safety, even more than the fence.

Further, Eisenkot believes that once Netanyahu, who these countries now see as too aggressive and destabilizing, is out of the picture, they will return to seeing Israel as their best security partner versus Iran.

West Bank violence forces its way back into headlines 

Maybe the largest policy difference between Eisenkot and Netanyahu relates to Judea and Samaria. 

Both of them are strong on cracking down on Palestinian terror.

But Eisenkot accuses Netanyahu – by enabling Ben-Gvir, Smotrich, and with the appointment of Shin Bet Director David Zini – of turning the West Bank into a cauldron of Jewish extremist violence against innocent Palestinians.

If he becomes prime minister, Eisenkot will not just obviously be replacing Ben-Gvir, Smotrich, and likely Zini themselves. He will also roll back the major policy changes they made, which he views as having paved the way for anarchist Jewish extremists to be able to spread chaos and violence.

Ben-Gvir reversed decades of policy in which the West Bank Police were empowered to arrest and prosecute violent Jewish extremists for attacking or harassing Palestinians.

Even prior to Ben-Gvir, the police never did this well enough, but the deterioration has been off the charts, and Eisenkot has made it clear he will reverse this.

Somewhat less obvious, but a part of the picture has been the over 100 illegal farms which Smotrich has allowed to spread across Judea and Samaria, including into disputed areas.

Eisenkot said he will return power over such decisions to apolitical IDF officials, and remove political cabinet members from having any authority over the issue.

The Post also understands that he will make the unusual decision to remove Zini mid-term, given that the Shin Bet chief only started in October 2025 and was appointed to a standard five-year term.

However, Netanyahu forced Ronen Bar, Zini’s predecessor, out of office early, and according to Eisenkot, Zini’s conduct in reducing the power of the Shin Bet unit that handles Jewish violence, along with many other problems he has caused, departs enough from standard Shin Bet policy that he cannot likely remain in his role.

In contrast, Eisenkot will likely appoint a new Shin Bet chief who will strengthen the agency’s unit which handles Jewish violence.

Next, the Post has learned that Eisenkot will restore and encourage the use of administrative detention against violent Jewish extremists.

Although the number of such Jews in administrative detention is often zero, and rarely jumps beyond single digits, he is convinced that its occasional use deters extremists from many of the actions they are currently taking against Palestinians.

In January 2025, Defense Minister Israel Katz became the first in decades to cancel administrative detention of Jews, while continuing administrative detention of well over 3,000 Palestinians.

Katz has refused to reverse himself despite even top Israeli supporters like US Ambassador to Israel Mike Huckabee attacking him and Israel’s current government as failing to prevent “Jewish terror.”

All in all, the Post understands that Eisenkot expects it to take two to three months to make the initial large-scale changes needed to restore prior policies within the police, the IDF, and the Shin Bet, followed by a longer period to ensure the situation stabilizes long-term.

Of course, all of this depends on what happens on October 27.

The author wrote In The War Room: The Inside Story of Israel’s Fight Against Hamas and the Iranian Axis, among several other books. He is the Post’s senior military analyst and is an expert on Iran, Gaza, and Lebanon.

This post was originally published on here. 

De Nederlandsche Bank (DNB), the national central bank of the Netherlands, announced on Wednesday that it was moving nearly 90 tons of gold from the United States and Canada amid rising tensions between the US and Europe.

“In view of increasing geopolitical unrest, DNB is strengthening its crisis preparedness,” the bank said in a statement announcing the move, while explaining that it aimed to improve the liquidity of the bank and better distribute its reserves in the US, the United Kingdom, and the Netherlands.

With the move, the total amount of DNB gold in the US went from 31% to 18.5%, while in Canada it went down from 19.7% to 18.5%. Additionally, Zeist replaced New York as the main location of DNB gold reserves in the world, with 30.8% of all gold bars.

Europe also became the main location for DNB gold reserves, with 63.9% of all gold bars in either the Netherlands or the United Kingdom – before this move, reserves were equally distributed between Europe and America -.

“With this relocation, we have improved the tradability of our gold reserves. We expect that we will never need to use them, but we do need to strengthen our resilience and preparedness,” said DNB Governor Olaf Sleijpen.

Gold bars illustration. (credit: SHUTTERSTOCK)

How did the DNB move the gold from America?

The DNB explained that it made the move by selling about 59 tonnes of gold in New York and buying back the same amount in London.

Another 27 tonnes were physically transferred from the US and Canada to Zeist, and the same amount was transferred from Zeist to London.

The bank said that the relocation also helped build experience in case of an emergency, with both buying and selling gold and the physical transfers being plausible options if circumstances require it.

US-Europe relations suffer from clashes between officials

The move comes amid a series of policies by both the Trump administration and European officials that have strained relations between Europe and the United States.

US President Donald Trump’s push to incorporate Greenland into the United States and its position on the US forces deployed in NATO countries have angered several European leaders.

At the same time, the decision by NATO members to not support the US during the war with Iran also caused a rift with the Trump administration.

The case of Spanish Prime Minister Pedro Sanchez, who forbade the use of Spain’s airspace for operations regarding Iran, was among the cases that sparked the most rage in Trump, but the fact that no NATO ally supported the US during the fighting also angered the US president.

Back in July, Trump called Madrid a “terrible partner” during an Ankara NATO summit, while he also railed against allies for not supporting the war on Iran and ordered Treasury Secretary Scott Bessent to halt all trade with Spain.

“Spain is a wasted cause. We don’t want to do any trade business with Spain anymore,” Trump said. “By the way, I’d like to cut it off. Spain is a terrible partner in NATO. They don’t participate; they don’t pay. I don’t want anything to do with Spain. Cut off all trade with Spain, including visits.”

Reuters contributed to this report.

This post was originally published on here. 

The tallest building in the South Bronx launched a housing lottery this week for 227 mixed-income apartments. Rising 40 and 26 stories over the Harlem River in Mott Haven, 355 Exterior Street is a massive two-tower development with more than 700 apartments, ground-floor retail, and luxury amenities. Developed by Beitel Group and designed by Hill West Architects, the project, dubbed One River Park, will also be among the tallest buildings in the Bronx, with just River Park Towers and Tracey Towers slightly larger. New Yorkers earning between 70 and 130 percent of the area median income can apply for the apartments, priced between $1,936/month and $2,850/month.

Photo © Ondel Hylton

Beitel closed on the Exterior Street property from Lightstone last year for $84 million, as Crain’s reported. Construction began last December and is now topped out.

The project qualified for the city’s 421-a tax abatement, the now-expired program which required developers to designate at least 25 percent of units as affordable.

Renderings courtesy of the NYC Department of Housing Preservation and Development

One River Park offers a suite of luxury amenities, including a lobby lounge, sky lobby, bike storage, game room, movie theater, party room, children’s playroom, outdoor pool, and a rooftop terrace with grills.

The views from the roof deck will be impressive, with the Harlem River in the forefront and the Manhattan skyline in the background.

Health and wellness amenities include a fitness center, a yoga and spin studio, a golf simulator, and an indoor pickleball court. The property is also pet-friendly, with residents allowed one pet up to 30 pounds, and includes an on-site pet spa.

Rendering courtesy of the NYC Department of Housing Preservation and Development

The development measures 515,000 square feet and includes 11,500 square feet of retail space and nearly 200 parking spaces.

Nearby public transit options include the Grand Concourse subway station with the 2, 4, and 5 subway lines and the Bx1 bus.

Qualifying New Yorkers can apply for the apartments until September 24, 2026. Complete details on how to apply are available here.

Questions regarding this offer must be referred to NYC’s Housing Connect department by dialing 311.

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The post 40-story South Bronx tower launches lottery for 227 apartments, from $1,936/month first appeared on 6sqft.

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The US State Department has proposed requiring parents applying for passports for their children to provide proof of their own citizenship or immigration status as part of President Donald Trump’s latest effort to limit birthright citizenship.

The draft guidance, reviewed by Reuters, is the first detailed look at how the State Department could enforce Trump’s August 6 executive order targeting what it calls “birth tourism” and broadening historical exceptions to birthright citizenship.

The White House referred Reuters questions to the State Department. In a statement, State Department spokesman Tommy Pigott said that “President Trump has been unequivocal that this Administration will protect the meaning and value of American citizenship, full stop, and that includes making sure our passport adjudication process fully reflects that standard.”

Limiting birthright citizenship has been one of the president’s top priorities in his far-reaching crackdown on immigration. The US Supreme Court ruled his previous attempt violated the country’s Constitution.

Trump’s initial executive order would have granted automatic US citizenship at birth only to children with at least one parent who was a US citizen or a lawful permanent resident known as a green card holder.

US President Donald Trump reacts during a press conference with cryptocurrency executives in the Roosevelt Room at the White House in Washington, DC, US, August 19, 2026.  (credit: Reuters/Kylie Cooper)

In a 6-3 ruling, the Supreme Court found the order was unlawful, with a majority finding it violated the Citizenship Clause of the Constitution’s 14th Amendment.

Implementing Trump’s order

Trump’s August 6 order was narrower, taking particular aim at “birth tourism,” in which women travel to the United States to give birth so their children ‌can obtain automatic citizenship. That order could still be blocked in court.

The new directive would withhold citizenship from children with a parent who works for a foreign government in the U.S., is engaged in fraud or a commercial transaction to obtain citizenship, or is classified as an “alien enemy.”

“The Department will require parental information and evidence of parental citizenship or immigration status as part of its determination whether the applicant is subject to EO 14418,” the State Department draft guidance reads, citing the executive order number.

If implemented, the proposal would require all parents or legal guardians to provide proof of their citizenship, such as a valid US passport or birth certificate, or evidence of their immigration status, such as an I-94 form or a legal permanent residency card, when submitting a passport application for their children. The information would be used by the government to determine if the child qualifies for citizenship under the new order, the State Department proposal says.

Currently, parents whose children were born in the US only need to prove their parentage and present photo identification during this process. They are also asked to check a box on the application form indicating if they are US citizens but are not required to file supporting documentation.

Lawyers pursuing class-action lawsuits on behalf of babies who would be deprived of citizenship under Trump’s initial order have asked two different federal judges to prevent his latest order from taking effect.

One of those lawsuits is before US District Judge Deborah Boardman, who was appointed by Democratic President Joe Biden.

At a hearing on Friday in Greenbelt, Maryland, Boardman voiced skepticism about what she called Trump’s unprecedented order and allowed the plaintiffs to revise their lawsuit so she could consider whether to block it.

Justice Department attorneys have argued that a restraining order would be inappropriate and that the legal challenge was premature, as federal agencies had yet to issue public guidance on how the president’s directive would be implemented.

This post was originally published on here. 

Agriculture Secretary Brooke Rollins praised the Trump administration’s agriculture agenda as she took aim at Biden-era food policies, accusing the former administration of pushing Americans away from traditional meat products.

“There was a massive push under the last administration to eat less meat. Could you imagine? Don’t stop eating meat. There was a massive push under the Democrats to eat fake meat and lab-grown meat,” Rollins said.

During an appearance on “Mornings with Maria,” Rollins explained the administration’s long-term cattle strategy, beef imports and efforts to support American farmers and ranchers.

“We’re working on deconstructing and then reconstructing our entire system around homegrown, nutrient-dense, fresh food, making America healthy again,” she said.

Rollins is encouraging Americans to keep meat on the menu as the administration works to rebuild the nation’s cattle herd and strengthen domestic beef production while ranchers face continued economic pressure.

“I was in Iowa… Talking to our ranchers, laying out a long-term program, incentives to retain their heifers, incentives, to make sure that they know that, that we’re behind them,” Rollins said.

Rollins said the administration is also looking to increase federal beef procurement and invest in small and mid-sized regional processors.

DOJ EXPANDS BEEF PRICE INVESTIGATION TO WALMART, COSTCO, AMAZON AND OTHER MAJOR RETAILERS

With ranchers facing a volatile cattle market and concerns about competition in meat processing, Rollins said the administration is focused on giving producers strong long-term incentives while expanding opportunities for U.S. agricultural products overseas.

US FARMER PUSHES FOR ONE MAJOR CHANGE AS IMPORTED BEEF DEBATE HEATS UP

“[We’re] really focusing on young ranchers, getting more people into the business of growing and farming and ranching, is part of this,” Rollins said.

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In a civil defense shelter hewn into rock, behind doors designed to withstand a nuclear or biological attack, two Finnish conscripts wearing hazmat suits and breathing masks are measuring radiation levels as they take part in an exercise to turn a cave into a place of safety for thousands of people.

Inside, in what is normally a sports hall, hundreds of people are sleeping overnight on trestle beds.

More than 2,000 people including volunteers and students are taking part in the biggest civil defense exercise in Europe since the end of World War II. In the scenario, critical infrastructure in the central Finnish city of Kuopio, including power and water, has been disrupted by cyberattacks and there’s the threat of missile strikes from Finland’s neighbor, Russia.

The goal is for local authorities and ordinary people to rehearse what they would do if they came under attack for real.

But while underground bunkers and shelters may offer some protection from missiles, they are no defense against the campaign of sabotage and disruption that Western officials say Russia is carrying out across Europe. That has involved setting fires, attacking water facilities and power stations, and sending drones for sabotage into European Union airspace.

Finland’s border with Russia stretches more than 830 miles (1,300 kilometers) from the Baltic Sea up to the Arctic Circle. In 2024, along with Sweden, Finland joined NATO, following Russian President Vladimir Putin’s full-scale invasion of Ukraine. Until then, Finns were prepared to defend themselves against Russia largely alone.

Finland looks to Ukraine for lessons

Finland’s defense, said retired Army Colonel Asko Muhonen, relies not only on the military but on the “mindset” of ordinary Finns who are ready to take responsibility for their country’s security.

Muhonen, who organized the exercise in Kuopio, said that comes partly from the system of conscription which continued in Finland, even after the collapse of the Soviet Union.

Not everyone is happy about doing national service but “it’s our duty to serve and protect this country like people have before us. That’s why we have our independence,” said Jyry Pietikainen, 23, a conscript who was taught how to run the Kuopio shelter overnight.

Finland also needs to learn lessons from Ukraine, Muhonen said.

While the biggest shelter in Kuopio can fit 7,000 people, Ukrainians sometimes only have a few minutes to run to a subway station or underground parking lot. That means people need a shelter they can reach easily that offers some form of protection — not necessarily one that can withstand a nuclear attack, he said.

Dmytro Untila, 20, a Ukrainian student at the university in Kuopio, was at home in Odesa when Russian missiles struck his city on Feb. 24, 2022, the first day of the war. He sheltered in the entrance hall of his building because he didn’t have anywhere else to go, he said.

Training for such a situation would have definitely helped in Ukraine, he said, “because nobody knew this could happen.”

The biggest threat to energy infrastructure in the Kuopio region is heavy snowfall, storms and bad weather, said Juha Räsänen, CEO at the Savon Voima electricity company.

But since the invasion of Ukraine, and the company’s decision to stop buying Russian biofuel, the number of cyberattacks against the network has significantly increased, Räsänen said.

Last year, engineers also found at least 10 stickers placed on particularly vulnerable parts of the energy network infrastructure. Other energy companies in Finland have also found them and don’t know where they came from, he said.

“If there was an explosion at that point, it could destroy a whole dam,” Räsänen said. Drones have also been spotted over power lines but those responsible have not been identified, he said.

It is not possible to guard against all threats, Räsänen said, which is why it’s important people are prepared to look after themselves without help for at least 72 hours — if the power supply goes out, or if water becomes undrinkable.

The Finnish Security and Intelligence Service said it investigated “a wide range of observations” and found nothing of concern.

Since 2022, people have been more vigilant because of the security situation and therefore have reported things like reflective stickers related to land survey works, it said in a statement. Drone sightings, it said, have “largely been explained by everyday occurrences.”

“Small things are happening all the time,” including Russian jamming of GPS signals, said Vuokko Lahtinen, 32, who was visiting a sauna in Kuopio.

For that reason, “the best defense of Finland is to make it not worth attacking,” she said.

That relies on the country’s military and defense forces but also Finnish people who feel like “we have something we want to fight for,” she said.

In Finland, she said, there is a “general feeling of responsibility,” which has grown out of local community groups and even initiatives such as recycling.

“On a very simple daily level, if you do things that matter, then it has a butterfly-wing effect,” Lahtinen said.

Finland fought several wars with the Soviet Union

In its wars with the Soviet Union, Finland lost around 11% of its territory, and more than 400,000 people, around 12% of the population, fled their homes from an area that is now in western Russia.

At Kuopio’s veterans’ museum, Risto Mönkkönen, 95, showed AP a piece of paper on which he had written down the dates the city was bombed and who died.

“I cannot forget it,” he said explaining how, as a child, he and his father ran into a shelter just as a bomb hit, killing five of his father’s friends.

Pirkko Naukkarinen, 102, recalled how, aged 16, she worked in a field kitchen by the front lines, sometimes sharing dugouts with soldiers and diving for cover in ditches as the Soviet air force attacked the retreating Finnish army.

Aili Toivanen, 92, told AP she was forced to leave her home twice over the various wars. Both times, her family was told by Finnish soldiers that they had one hour to pack their belongings.

The first time, she looked back and saw her home burning — set on fire by Finnish soldiers who did not want to leave anything behind, she said. The second time, she said, the Soviet air force bombed the family’s departing train and they jumped out, hiding in ditches before they took refuge in Kuopio.

When Putin invaded Ukraine in 2022, she said, with tears in her eyes, that she worried she would have to leave her home for a third time.

Finns feel their country is worth fighting for

At the shelter in Kuopio, thousands of people filed in, including schoolchildren and university students.

“Kids would need to know this, because they might have to do something alone. The adults can’t always help,” said Amanda Hill, 11, whose school studied in the shelter for the day.

Sitting on the floor of the shelter with his fellow conscripts, Pietikainen explained why it’s not crazy to practice what happens in a crisis.

“We’re Finns, so we’re kind of pessimistic about life in a way,” but history shows what can happen with Russia, he said.

When it comes to the threats from Moscow, Muhonen said, “don’t believe what they say but observe what they do.”

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The NBA announced on Wednesday that the league would impose sweeping punishments on the LA Clippers and Kawhi Leonard following its investigation into allegations of third-party off-the-court income opportunities given to Leonard. The league found the NBA star and the team had violated the Collective Bargaining Agreement—and “a pattern of misconduct and multiple significant rules violations.”

The investigation was initially conducted from Leonard’s reported $28 million endorsement deal given by Aspiration, a now-bankrupt environmental company and former Clippers sponsor.

“Aspiration becoming our first Founding Partner supports the stake we are planting in the ground to make Intuit Dome the most sustainable arena in the world,” Ballmer said in a statement in 2021.

The allegations of misconduct were first reported by podcaster and journalist Pablo Torre in 2025—where he alleged on his podcast “Pablo Torre Finds Out” that the endorsement deal given to Leonard was “to circumvent the salary cap.” Ballmer had previously invested $50 million in the company ahead of Leonard’s deal, and invested an additional $10 million in 2023.

The findings also went well beyond Aspiration: the NBA said the Clippers “affirmatively initiated off-court income opportunities” between Leonard and three other companies doing business with the team—Boingo Wireless, Daktronics and Lockton Insurance.

The allegations kicked off a near year-long independent investigation by the NBA—conducted by law firm Wachtell, Lipton, Rosen & Katz.

Following the conclusion of the 2025-26 NBA season, Leonard told reporters he believed the investigation would find no wrongdoing.

“I think we’re going to be in the clear,” he said. “It’s not stressing.”

But it appears the NBA star and Toronto legend may have been wrong. The league has penalized the Clippers and individuals involved in the alleged misconduct in one of the most punishing moves the league has enacted in its history. Owner Steve Ballmer will be suspended from “all league and team activities” for one year for approving “a business deal” that helped Leonard “obtain off-court income opportunities.”

Additional penalties included a $30 million fine on the Clippers organization, forfeiture of five first-round picks from 2029 to 2033, a $700,000 fine on Leonard himself and a one year suspension on Clippers president Gillian Zucker and a six-month suspension on president of basketball operations Lawrence Frank. 

The penalties were confirmed by the NBA and NBPA, according to the NBA. Wachtell Lipton will continue to receive information “relevant to the investigation,” and the league can consider further action if appropriate.

“The NBA’s collectively bargained system for determining player compensation is a fundamental component of the basketball competition that the league oversees for the benefit of the teams and players and ultimately the fans,” NBA Commissioner Adam Silver said in a press release. “I am deeply disappointed by the flagrant violations of our rules and by the Clippers’ institutional and leadership failures that led to this misconduct. The severity of the penalties reflects the seriousness of the violations.”

However, according to a letter from the Clippers sent to Silver shared by reporter Marc Stein on X, Ballmer and the Clippers disagree with the investigation’s findings. David Kelley, an attorney representing Ballmer, wrote the investigation was a “witch hunt” and “flies in the face of fundamental fairness.”

“We are exploring every legal remedy to address this gross injustice,” the letter read.

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Buses carrying crew members of the USS Abraham Lincoln aircraft carrier streamed into Thailand’s seaside resort city of Pattaya on Thursday, as part of a port call after a lengthy deployment to the Middle East.

The Lincoln was supporting the U.S. war against Iran, and its deployment included a record-setting uninterrupted time at sea of more than 260 days. Its lengthy deployment drew concerns last month about deteriorating mental health among the crew as well as shortages of key food supplies aboard.

The Navy downplayed any problems, and President Donald Trump commented that the deployment was “not nearly long enough.”

The ship has been deployed for a total of 286 days, according to the U.S. Embassy in Bangkok. Its total uninterrupted time at sea before Wednesday’s arrival in Chonburi province was 264 days.

The ship is expected to depart Thailand this weekend and continue its journey back to the U.S.

After clambering down from buses, laden with luggage, several service members told The Associated Press they were excited to be in Thailand.

Vendors and travel agents gathered outside the Hard Rock Hotel, the designated pickup and drop-off point for troops traveling from the Lincoln, which is docked nearby at Laem Chabang port.

They swarmed service members as they arrived, offering a range of souvenirs and services. Many sailors waved them away while waiting for their rides.

Two other ships from the Lincoln’s strike group are docked elsewhere in Thailand, with the destroyer USS Frank E. Petersen Jr. at Chonburi’s Sriracha port and the cruiser USS Robert Smalls in Map Ta Phut in neighboring Rayong province.

A-ngoon Sombat traveled 200 kilometers between Pattaya and the central province of Ayutthaya to sell colorful braided bracelets to the visiting crew, as she does every time she hears a U.S. ship is coming for a port call in Chonburi province.

She set up opposite the hotel entrance and had managed to make some sales, but said she is still unsure if business will be good this week.

“There are many vendors around. It’s really up to how lucky each of us are,” she said.

Ship crews take shelter from heat in a mall

Dozens of service members could be spotted strolling around Pattaya’s Terminal 21 mall with shopping bags in their hands as the afternoon sun was blazing outside.

A 20-year-old serving as a navigator aboard the Petersen, who declined to give his name because he was told not to speak to media while ashore, said the morale among his crew members was really high now that they had arrived in Thailand.

The sailor said it was his first deployment for the U.S. Navy. He said it was a bit of an ordeal but he was happy to finally be on his way home.

He declined to comment when asked about the reports about the conditions on the Lincoln.

Small crowd gathers to spot the Lincoln

A spot just outside the Laem Chabang port had turned into a small attraction by Wednesday evening, as people gathered to catch a glimpse of the Lincoln.

People arrived by car and motorcycle to peer through a mesh fence at the ship, which is as long as about three American football fields. They took photos and videos, excitedly chatted with strangers about their chance to see the vessel.

American Keith Eldridge, who has lived in Thailand for five years, traveled from the neighboring province of Chachoengsao just to see the ship. He was too late to catch the Lincoln docking but found the viewing spot through a recommendation from other enthusiasts he met along the way.

He said it was impressive for him to get to lay his eyes on this “engineering marvel.”

“When you get to look at something so big, wrapped up with so much technology, the radars, the sonars, the weapon systems, the propulsion systems, it is truly amazing that we can build it, float it, and we fight from it,” he said.

The Lincoln’s commanding officer, Capt. Dan Keeler, said the ship will be heading home soon, but may make further supply stops. He declined to comment on the exact date the strike group is expected back in the U.S.

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Canva, the Australian design startup, says its users have created 4.5 billion presentations and 1.4 billion documents on the platform, some of the first hard numbers on how the company’s push into productivity software is going. Users create nearly 3,000 presentations and 1,000 documents every minute, the company announced on Thursday.

The startup, best known for helping users create social media graphics, is trying to carve out space in a market long dominated by Microsoft Office and Google Workspace. 

“Productivity and creativity have been separated for a long-time for no really good reason,” says Cameron Adams, Canva’s cofounder and chief product officer. Incumbent products are “a bit old-school,” he adds, arguing that they don’t match how people now produce strategy documents and pitch decks.

Still, Canva’s push into productivity software comes amid a delicate transition to offer more AI services. These new services, more popular than expected among Canva’s users than executives expected, have driven up costs and forced the startup to cut its revenue growth forecast to 20%.

Canva debuted Visual Suite, its suite of productivty tools, in 2022, and overhauled it in April 2025 to add spreadsheets and coding tools. Docs is now the company’s third-most popular design type, with adoption more than tripling in the past three years.

Mobile is becoming an increasingly important platform for Canva. More than half of Canva presentations created in Southeast Asia start on a phone, rising to three in five in the Philippines and nearly two in three in Indonesia. 

Seventy-five percent of Indonesian users access Canva through a mobile device, according to Adams, who notes that mobile-first markets in Asia and Africa see the phone as a productivity device far more than users in the U.S. or Europe might. “There are jobs that people skew more towards on mobile than they do on desktop,” he says. “We see a lot of people commenting on documents on mobile, so we privilege that sort of behavior on the mobile device.”

AI is making the phone a more credible work machine, allowing users to suggest changes verbally without needing to resort to a phone’s tiny keyboard. “Voice is a lot more usable in an AI format: I can quickly hit the microphone and spit out my thoughts. I don’t really have to structure it much,” Adams says.

That matters all the more in markets where many users are on weaker Android phones. “Performance becomes critical, particularly in Asia,” Adams says. “We’ve had a whole heap of engineers on that to make sure that Canva is a quick and stable experience when people use it on their phone.”

Canva has broader AI ambitions. The startup now has the world’s third-most used AI web product and the fourth-most used AI mobile app, according to calculations by venture firm a16z in March. It released Canva AI 2.0, a suite of agentic tools that build designs from conversational prompts and connect to apps like Gmail and Slack, in April.

Still, Canva has struggled to keep the AI costs to a manageable level. CEO Melanie Perkins admitted to Fortune last month that Canva “needed to reduce the cost of completing an AI task” before rolling out features more broadly to its users. 

Canva’s last known valuation was $42 billion, following an employee share sale in August 2025. Chief operating officer Cliff Obrecht told Fortune in April that shares were still trading around that level. He separately told Australian outlet Capital Brief that Canva was targeting a 2027 IPO as it built out its AI services.

For Adams, however, Canva’s aim is not to use AI to eliminate the work of creating and refining a design. “If you can ask AI to create an image, a video, or a new design for you that’s higher quality than what you could achieve before, that’s a win,” Adams says. But he argues users can’t simply “hit send” on what AI produces: they need a platform to “dive in, move things around, change the words” before passing it to teammates.

The main point, Adams says, is to bring the “human element into it,” and move Canva “beyond AI slop.”

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AI is expanding faster than any technology in history, propelled by competing hyperscalers and millions of users. And as a result, the data centers built to enable this growth have drawn scrutiny from communities and across party lines, including concerns over higher electric bills.

But there’s also an emerging imbalance: OpenAI, Google and Meta can finance and build AI infrastructure faster than the U.S. can build the electricity generation and transmission needed to power it.

“There is a real disconnect there,” Rob Gramlich, president of consulting firm Grid Strategies, told Fortune. He said tech companies are famous for moving fast while utilities “notoriously move very slowly” because they have to ensure thousands of pieces of an interconnected grid are working together, which requires “deliberate study and planning” that can take years.

This creates a “mismatch in timing,” Gramlich said, which is why the electric grid might not be ready to meet data centers’ electricity demand. They’re projected to consume nearly 12% of all U.S. electricity by 2030, nearly six times the pre-AI boom share in 2018, according to the Lawrence Berkeley National Lab, a federally funded scientific research center focusing on energy. 

Electricity demand is also growing faster than expected over the next decade because of AI. Grid watchdog NERC’s 2025 assessment of the grid’s reliability projects summer peak electricity demand in North America will grow by more than 224 GW in the next 10 years—69% above the growth projected a year earlier–-driven by new AI data centers. Within the Western U.S. grid region, planned data centers average 10% of demand forecasts, and can run as high as 40% in some areas.

The grid was already constrained before the AI boom. Gramlich said the U.S. electricity industry had “got out of practice on building new infrastructure” after 25 years of little growth in power demand. He said this is because big grid expansions in the 1980s and 1990s had left utilities with extra capacity, and the period between 2000 and 2023 didn’t see the same electricity demand growth as previous decades, when kitchen appliances and air conditioning took off. 

“But now we have electric vehicles, we have electric space heating, we have new manufacturing, much of which is using electricity more than traditional manufacturing, and then we have data centers,” Gramlich said. “The growth is about half data centers and half those other new things, but those new quickly expanding uses of electricity are happening all at once.”

Access to electricity as a bottleneck to data centers

Kathryn Burke, who leads U.S. specialty energy and power growth at insurance firm Marsh, told Fortune that access to power is “probably the number one, if not top five bottlenecks for data center development in the U.S. right now,” but that demand is now colliding with an energy grid that still needs updating.

She said companies are asking for more power and at a faster delivery rate than the grid can handle. A gigawatt of electricity—which can power 750,000 U.S. homes—can take “a lot more time” to generate than the two years companies typically are requesting, Burke said. For instance, U.S. power projects that came online in 2025 spent a median of five years from requesting a grid connection to operating commercially, according to separate Berkeley Lab research. 

Providing electricity also requires infrastructure that the country doesn’t have. The Department of Energy said in July that there’s a “pressing need” for more of it “due to load growth from data centers” among other factors like a growing economy. 

The most immediate consequence may not be widespread blackouts. Gramlich said utilities don’t generally connect new customers if they cannot reliably serve them. Instead, data centers may have to wait years for full service or accept provisional connections under which their electricity can be interrupted when the grid is strained.

“There is scarcity on the grid,” Gramlich said. “Not everybody’s going to get the full level of service that they want, at least until the system can catch up to these new demands.”

Burke said that because utilities have to invest in new generation capacity and grid updates to serve data centers, they’re asking for more money from data center developers so that they’re not “stranded” if the data center doesn’t follow through. She predicts around 50 to 60% of data center projects will be delayed and won’t be up and running within the one-to-two-year period companies are hoping for.

“It’s hard to predict how many of these data centers are actually going to get built at the end of the day if they get the financing, if they get all of the different constraints, and so that’s an area that is still a question mark, but we are seeing a lot of that slowdown,” Burke said. 

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It’s shopping season for America’s pipeline giants.

As they prepare for a wave of new U.S. natural gas production to power AI data centers or to be exported overseas, the top pipeline players are quickly buying up their smaller private competitors to consolidate the industry and build out scale.

This week, Tulsa, Oklahoma-based ONEOK bought West Texas’s Brazos Midstream’s Permian Basin assets for $4.42 billion. This comes shortly after pipeline giant Williams acquired Momentum Midstream and its Texas and Louisiana pipeline gathering and processing facilities for $5.5 billion. In May, Western Midstream paid $1.6 billion for Brazos’ Delaware Basin facilities in the western lobe of the Permian.

In the 20 years of U.S. shale gas boom since 2006, U.S. natural gas production has more than doubled—following over three decades of flat output—and is projected to continue skyrocketing through 2050. The U.S. now produces about a quarter of the world’s natural gas—almost double the output of second-place Russia—and leads the world in liquefied natural gas (LNG) exports, even though the U.S. only started shipping LNG 10 years ago.

The continued buildout of LNG export facilities in Texas and Louisiana, coupled with surging domestic demand to power AI, means that U.S. natural gas output could rise another 35% from now until 2050 up to 150 billion cubic feet per day (Bcf/d)—versus 50 Bcf/d 20 years ago—according to U.S. Department of Energy projections.

London Spivey, energy analyst for East Daley Analytics, told Fortune that ONEOK is getting a good value to grow its large footprint in the Permian’s more mature Midland Basin through the Brazos deal.

“They’re getting the gas to help feed that AI demand to profit along every step of the value chain,” Spivey said, acquiring the gathering lines from the wells and the gas processing plants. “They pull it out of the ground, they bring it to their plant, they process it, they’re able to put it on one of their pipelines and transport it to that end demand, whether it’s data centers or feeding LNG.”

The Brazos deal includes 700 miles of gathering lines and 1.2 Bcf/d of gas processing capacity.

“It highlights the trend that we’ve been seeing across the entire industry of these big publics going in and buying out all these privates and consolidating,” Spivey added.

In an interview prior to the Brazos deal, ONEOK CEO Pierce Norton told Fortune that the company is positioning itself for the rise of natural gas supplies.

“There will eventually have to be more drilling in the United States than what’s going on right now, which will probably mean that [gas] price does creep up,” Norton said. “The demand is going to be there, and it’s going to be driven by LNG exports and the AI data centers.”

Norton said he is constantly talking to multiple data center developers “There seems to really be a focus on Texas right now.”

Separate from the Brazos deal, ONEOK and partners are building 450-mile Eiger Express Pipeline to move gas from the Permian to the Houston area, coming online in 2028. Customer interest was so high, they quickly increased the planned pipeline capacity from 2.5 Bcf/d to more than 3.5 Bcf/d.

There are a bevy of long-haul pipelines under development now from West Texas to the Gulf Coast to solve a bottleneck problem that had contributed to negative regional spot prices at times—some producers literally had to pay to have excess gas taken away. “The problem with the gas price in the Permian is going to get solved when all these pipes get built out,” Norton said.

Rising demand

The gassy Haynesville Shale in Louisiana and East Texas and the booming Permian Basin—which produces a lot of gas along with oil—are poised to surge their outputs to match demand.

Geographically, the LNG export buildout is focused on the Texas and Louisiana Gulf Coast. Now, it’s no coincidence that data center developers are focusing projects in the same states—close to ample natural gas supplies for power and within industry-friendly regulatory environments.

As Norton noted, as the oily Permian matures and depletes, its volumes will produce higher ratios of natural gas. So, even if oil output stays flat, natural gas production will inevitably rise without any additional activity.

“Our little motto is that we want to touch as many molecules as we can for as long as we can,” Norton said. “It’s that integrated value chain.”

A few years ago, ONEOK was too small to fulfill those ambitions, he said. So, ONEOK went on a shopping spree.

In 2023, ONEOK bought Magellan Midstream for $18.8 billion, including debt. In 2024, the company acquired both EnLink Midstream and Medallion Midstream. The Magellan and Medallion deals were largely focused on crude oil and refined products. But the EnLink deal was heavily concentrated on gas infrastructure in Texas, Louisiana, and Oklahoma. “EnLink was the perfect fit,” Norton said.

The new Brazos deal adds onto that scale and integrates well into ONEOK’s existing footprint, Norton said in a conference call this week. “This is a decisive step in the strategy that we have executed for years, building scale in the most attractive producing regions and connecting that supply to ONEOK’s integrated system.”

The only problem is ONEOK had assumed plenty of debt in its prior deals. So, to fund the Brazos acquisition, Apollo Global Management is taking a minority stake in ONEOK through a $9 billion investment—$4 billion for Brazos and $5 billion for debt reduction.

For ONEOK, it’s a bullish bet on gas from the most productive basin in the country, the booming Permian.

“They’re picking the basins that they want to fight for, and they’re piecemeal acquiring as they’re trying to get dominant,” Spivey said.

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Mortgage rates rose to the highest level in more than a year, mortgage buyer Freddie Mac said Thursday.

Freddie Mac’s latest Primary Mortgage Market Survey, released Thursday, showed the average rate on the benchmark 30-year fixed mortgage rose to 6.71% from last week’s reading of 6.66%. 

The average rate on a 30-year loan was 6.5% a year ago.

SLOWING LABOR MARKET CREATES NEW HURDLE FOR FIRST-TIME HOMEBUYERS FACING AFFORDABILITY SQUEEZE

“Purchase demand has remained relatively stable indicating steady interest from buyers adapting to evolving market conditions,” said Sam Khater, Freddie Mac’s chief economist.

The average rate on a 15-year fixed mortgage rose to 6.04% from last week’s reading of 5.98%.

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Mortgage rates are affected by several factors, including the Federal Reserve and geopolitics. Though mortgage rates are not directly affected by the Fed’s interest rate decisions, they closely track the 10-year Treasury yield. The 10-year yield hovered around 4.74% as of Thursday afternoon.

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Forget building AI from a Silicon Valley office. One of tech’s fastest growing jobs is sending workers directly to customers to configure AI tools, integrate software, and solve complex business problems.

Job postings for “forward-deployed” engineers rose more than 1000% between January and August 2026, compared to the same period last year—and more than 4,600% compared to 2023, according to Lightcast data. That far outpaces the broader tech job market, where postings grew 13% year over year. 

Similar growth has been reported on LinkedIn and Indeed, according to The New York Times.

The concept isn’t entirely new. Palantir has long been known for its forward-deployed model, in which technical employees work closely with customers to build and implement software in the field. 

Now, as companies race to effectively deploy AI into business processes, that model is spreading like wildfire.

“Companies are increasingly tapping into powerful AI models and struggling to turn those models into something that actually works inside of their business, as connecting them to proprietary data, existent systems and specific workflows can be a big roadblock to overcome, Paul Farnsworth, president of tech career platform Dice, told Fortune. “Forward-deployed engineers can help fill that gap.”

And the jobs come with a substantial paycheck. Lightcast data shared by Farnsworth found that the median advertised salaries for forward-deployed engineers was more than $188,000—compared to roughly $145,000 for traditional software engineers. 

At some tech giants like Anthropic, compensation for some forward-deployed roles can even reach $400,000.

The Palantir brainchild that’s spreading across tech firms

Palantir currently has around four dozen open forward-deployed positions, mostly in software development. Candidates have the opportunity to apply for client-specific opportunities, including major corporations like Intel, defense organizations like NATO, and governments like Norway.

“As an FDSE, your responsibilities look similar to those of a startup CTO: you’ll work in small teams with minimal supervision and own end-to-end execution of high stakes projects,” a Palantir job listing said. “Your day might span discussing architecture with fellow engineers, wrangling massive-scale data, coding a custom web app, speaking with customer executives, or establishing strategy for your team.”

That hands-on approach has become a defining part of Palantir’s business model—and one the company credits with helping it compete against much larger technology companies.

“We hired the best software engineers in the world, ejected them from the comfort of a Palo Alto office, and dropped them in remote locations to spend their days in the service of incredibly skilled but non-technical operators,” Meline von Brentano, Palantir’s head of digital transformation strategy, wrote in a blog post last month. “In the process, we beat out much better resourced companies in the race for the best talent.”

And by many metrics, it’s been successful. Palantir’s market cap now sits at over $400 billion, and in the company’s most recent quarterly earnings, the tech firm reported revenue increases of 93% year-over-year, totaling $1.94 billion.

Many of its competitors have begun adopting the same playbook. 

Microsoft, Meta, Google, OpenAI and Anthropic currently all have openings for forward-deployed engineering roles. Others, ranging from established giants like Nvidia to startup unicorns like Scale AI, have also adopted the “forward-deployed” model for other job categories, too, including in product management and tech architecture.

How to land a forward-deployed engineering job

Becoming a forward-deployed engineer isn’t easy. The role requires a mix of technical expertise—including programming, machine learning, generative AI, and tech infrastructure—paired with the consulting, communication, and leadership skills needed to work directly with customers.

For those interested in landing a forward-deployed engineering role, Farnsworth said it’s critical to start with modern tech fundamentals and then build expertise in APIs, data pipelines, cloud infrastructure, and how to get AI systems reliably into production. From there, workers should lean into the softer skills like problem-solving, communication, and business judgment.

“Just knowing how to use the latest model or AI tool isn’t enough anymore. The bigger differentiator is being able to connect that technical knowledge to a business problem,” Farnsworth said. “Can you walk into an ambiguous situation, understand how a workflow actually operates, communicate with technical and nontechnical stakeholders and build something that creates a measurable result?”

Workers already in tech can build that expertise in their current roles by finding opportunities to put AI into real business processes.

“I’d also encourage tech professionals to look for opportunities in their current roles to deploy AI into real workflows and document the impact—whether that’s revenue generated, time saved, errors reduced or a process improved,” Farnsworth added. “Focusing there will help those looking for forward-deployed roles be competitive and land the job.”

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In a country where governments are famously short-lived, the perceived success of Italian Premier Giorgia Meloni has often been attributed to her survival skills rather than her accomplishments.

On Thursday, after 1,413 days — nearly four years — Meloni’s conservative administration became Italy’s longest-serving uninterrupted government since World War II, surpassing the record set by the late Silvio Berlusconi between 2001 and 2005.

None of Italy’s 68 governments in the country’s 80 years as a republic has yet to complete a five-year term without interruption. Berlusconi came closest, but a government crisis forced him to resign briefly in 2005 before forming a new Cabinet.

Meloni and her party will celebrate their feat on Friday with a large preelection rally in the southern city of Bari.

Meloni, straightforward and pragmatic, has managed to stave off the crises and defections that have toppled past governments. The results — or lack of results — from this uncharacteristic period of stability may ultimately define Meloni’s legacy and her odds of winning another term.

“If you have five years in office and not much to show when you go back to voters, it can weigh against you,” said Nathalie Tocci, an international relations expert and professor at Johns Hopkins University.

From outsider to insider

When Meloni took office in October 2022, she was Italy’s first female prime minister. Her government was also the first led by a party with neo-fascist roots, and European allies and financial markets viewed her with unease.

But Meloni has largely governed pragmatically. She maintained steadfast support for Ukraine following Russia’s full-scale invasion, worked within European institutions and embraced fiscal discipline.

Her relationship with U.S. President Donald Trump became one of her most notable foreign policy assets — at least initially.

While political instability has reshaped governments elsewhere in Europe — including the United Kingdom and France — Meloni has kept the same coalition in place since taking office, a rarity in modern Italian politics and a central pillar of her reelection bid.

“Meloni has reaped a part of what she sowed, because I know few people so determined, so hardworking, so precise, so meticulous, who have sacrificed both their human and private spheres in order to serve the institutions,” Defense Minister Guido Crosetto told The Associated Press in an interview on Wednesday.

“For this she is now reaping exactly what she deserves in terms of international credibility,” he said, speaking in a room in the ministry filled with photos of his predecessors. “She is not reaping the same on the Italian level.”

Heading toward the next election, due by the end of 2027, there is no longer any debate that Meloni can govern. The question is whether voters believe her government delivered enough to deserve another term.

Making the economic case

Supporters point to tighter public finances, the rollback of costly measures, more than 1 million additional jobs, unemployment below 6% and youth unemployment at new lows. They also cite a sharp decline in the arrival of migrants.

“Duration is not synonymous with results,” Crosetto said, referring to the government’s record, “but these are important ones.”

Meloni says those gains resulted from policies supporting businesses and job creators.

“The government’s strategy has focused on supporting those who create wealth and jobs,” Meloni said at a recent labor event. “We have reached a record high in employment.”

While she and her supporters point to jobs, fiscal discipline and political durability, her critics counter that many of Italy’s persistent problems remain. Weak productivity, demographic decline and long-standing inefficiencies in healthcare, education and public administration remain largely unaddressed.

“The Meloni government has been certainly stable and long-running, but it hasn’t achieved much in terms of structural reforms,” political analyst and pollster Lorenzo Pregliasco said.

Opposition leaders say Meloni’s government has yet to find concrete ways to stimulate long-term economic growth beyond just controlling public debt and state deficits.

Former Prime Minister Giuseppe Conte, leader of the anti-establishment Five Star Movement and a possible rival at the polls, pointed to the higher cost of living.

“The government is celebrating, but Italians are not,” Conte said in a recent speech outside parliament.

Turning global standing into political capital

Meloni’s transformation from nationalist outsider to establishment figure has reassured investors and European leaders.

“Italy has somewhat lost its role as Europe’s black sheep,” said Stefano Manzocchi, an international economics expert and professor at Rome’s LUISS University.

Her knack for the balancing act was highlighted during recent tensions with Trump.

After Trump claimed that she had “begged” him for a photo at a Group of Seven summit in France, Meloni shot back: “Italy doesn’t beg.” It won her points with Italians who saw it as evidence that she could maintain relations with Washington while publicly defending Italy and Europe.

“I like Meloni, I like her character because she is authoritative and doesn’t let anyone walk on her,” said David Del Sarto, a 52-year-old taxi driver in Rome.

A challenger on her right

Tocci, the Johns Hopkins professor, noted that by pairing nationalist positions on migration and identity with tactical ability, Meloni helped accelerate the mainstreaming of Europe’s hard right. Once viewed with suspicion by much of the political establishment, nationalist parties have increasingly gained influence within governments and European institutions.

Meloni’s supporters see her evolution as proof that nationalist conservatives can govern responsibly while remaining committed to democratic institutions and Western alliances.

But Meloni’s willingness to become more moderate has also been viewed as a weakness by some — and it has opened room for more conservative challengers.

Retired army Gen. Roberto Vannacci — known for hard-line positions on immigration and national identity — has emerged as a prominent voice on Italy’s far right, threatening Meloni by launching his own political party. He argues that Meloni has abandoned many of the combative promises that energized her political base, choosing instead to project an institution-friendly image to European and U.S. allies.

He may succeed in siphoning off conservative voters and lawmakers who feel Meloni moderated too much in her pursuit of stability.

___

AP videojournalists Paolo Santalucia and Trisha Thomas contributed to this report.

This story was originally featured on Fortune.com

This post was originally published here. 

New data show that claims for unemployment benefits and planned layoffs crept up ahead of the highly anticipated August jobs report.
The number of Americans filing applications for jobless benefits ticked up by 2,000 to 206,000 for the week ending Aug. 29, according to the Department of Labor.
This was close to the consensus estimate of 205,000.
Stripping out week-to-week volatility, the four-week average edged up to above 207,000.
Unemployment claims have remained in a tight, historically low range of 189,000 to 230,000 throughout the year.
Economists and policymakers use it as a real-time indicator of the labor market’s health, and the numbers reaffirm consistently low-fire conditions….

This post was originally published here. 

The IDF will begin rolling out changes to strictly kosher food service next week, the military announced in an August statement.

The change comes amid ongoing controversy over haredi (ultra-Orthodox) enlistment in the military and the term of service for religious soldiers.

The change was formalized through a series of initiatives led by IDF Chief of Staff Eyal Zamir’s advisor on haredi affairs, Brig.-Gen. Avinoam Emuna, designed to improve service conditions and the overall support framework for haredi soldiers.

Additionally, the initiative, a joint effort between Emuna, the Technological and Logistics Directorate, and the Military Rabbinate, was formed as one of several efforts to expand haredi enlistment in the IDF and increase the number serving in combat tracks, as the public and political debate over the conscription of yeshiva students continues. 

In the past, the military’s kashrut was centrally governed by the Military Rabbinate, unlike the civilian kashrut market with its many competing certifying bodies.

 ORTHODOX SOLDIERS participate in an IDF swearing-in ceremony in Jerusalem. (credit: MARC ISRAEL SELLEM/THE JERUSALEM POST)

“We are not satisfied merely with an ultra-Orthodox soldier being able to serve in the IDF while maintaining his way of life,” said Emuna.

“Our responsibility is to ensure that he receives the conditions that will enable him to serve effectively, with dignity, and for the long term.”

IDF establishes new division to promote kashrut standards

This initiative will be carried out in collaboration with the Mehadrin and Special Populations Division – a new division established within the Military Rabbinate’s Kashrut Branch – as part of the IDF’s efforts to streamline and expand services for soldiers who require mehadrin kosher meals, as well as for populations with medical sensitivities and all service members. 

The new division oversees policy and halachic requirements for procurement, infrastructure, and on-site operations, sets professional standards, and creates dedicated procedures in base kitchens to ensure the food served meets kosher requirements without compromise.

This included an assessment of the existing system, identifying gaps reported by soldiers and commanders, and developing a logistical solution that enables the provision of strictly kosher food as part of the regular food service system.

In a joint meeting discussing the initiative, the General Staff Supply Center and the Logistics Corps within the Technology and Logistics Directorate discussed establishing three main service tracks, under which a soldier is entitled to request mehadrin kosher food, with particular strictness on mehadrin meat, hand-baked shmura matzah, and produce without reliance on the shmita heter mechira, per Military Rabbinate directive 05-02-14 on “mehadrin kitchens”. 

The plan also included formulating a new method for providing meals to the haredi population serving in the IDF.

Sealed meal trays to be phased out under new system

In the initial stages, the system of supplying sealed meal trays – which has served until now as the primary solution for haredi soldiers requiring “mehadrin” kosher certification – will be phased out. 

In its place, the food service will expand to allow haredi soldiers to receive fresh, varied meals certified as mehadrin, so the soldiers can maintain their lifestyle without compromise while eating on base.

The move comes as the IDF faces pressure to both accommodate haredi soldiers already in uniform and make service more viable for the haredi citizens the military hopes to recruit in the coming years. 

Amir Bohbot and Keshet Neev contributed to this report.

This post was originally published on here. 

The Islamic regime has come under increasing pressure from hardline media outlets and figures to escalate the conflict by severing the international fiber-optic cables running beneath the Strait of Hormuz and the Arab Gulf.

Hossein Shariatmadari, the managing editor of the ultra-conservative Kayhan newspaper, insisted that disrupting or cutting off the internet cables was a “necessary measure” to respond to the “crimes of America and its wicked allies.”

“Is it not our indisputable right, in order to bring these sources of evil to their knees and cut off their lifeline, to prevent internet cables from passing through the depths of the Persian Gulf and the Strait of Hormuz?” Shariatmadari wrote. “This necessary measure could be carried out by seriously disrupting the cables’ operation or even cutting them.”

Though he admitted that such an action would violate international law and add to the list of countries suffering from Iranian actions who were not directly involved in the war, he insisted that their failure to “rise up” against the United States made such actions acceptable.

IRGC and state-affiliated media have frequently called on Iran to exploit the cables. The IRGC-linked Tasnim News Agency proposed forcing countries to pay fees for the use of the cables, similar to the strategy Iran has attempted to employ in the Strait of Hormuz.

Ships and tankers in the Strait of Hormuz off the coast of Musandam, Oman, April 18, 2026. (credit: REUTERS/STRINGER/FILE PHOTO)

The Wall Street Journal also reported in mid-August that the IRGC had developed plans for “further escalation,” including plans to sabotage the cables.

Iran could threaten global economy by targeting cables

Military historian Dr. Lynette Nusbacher, a former British Army intelligence officer and former devil’s advocate to Britain’s Joint Intelligence Committee, told The Jerusalem Post that the cables are vital to the global economy, especially China’s.

Nusbacher said that Iran had not needed to “play that card” because it used the Strait of Hormuz as a pressure point against the global economy. However, American officials have repeatedly claimed that new pipelines in the region would reduce Hormuz’s strategic importance, and the Institute for the Study of War noted that American attacks had left Iran’s ability to control the strait significantly degraded.

An unnamed American source told Saudi-based Al Arabiya on Wednesday that CENTCOM’s Tuesday night strikes were a preemptive response to Iranian attacks on the undersea communications cables. If true, the Institute for the Study of War noted that it could indicate Iran is considering expanding its “coercive activity.”

This post was originally published on here. 

Nvidia bought AI giant Hugging Face for almost $13 billion, CEO Jensen Huang announced in a company blog post shared on Thursday.

Huang explained that the acquisition was another push to provide “open weights to the AI economy,” adding that “Hugging Face will continue to support open source and open weight models from across the ecosystem, from every model builder.”

“Hugging Face will remain an open platform for the entire AI ecosystem,” he promised, adding that there will be no requirements to use Nvidia components when working on the Hugging Face platform.

Hugging Face was founded in 2016, with the name based on the hugging face emoji, as an AI chatbot developer, but shifted towards its current model of serving as a platform for AI development.

“As the opportunity for open models accelerates, Hugging Face can serve the global AI community at unprecedented scale,” Huang added.

Jensen Huang, President and CEO of NVIDIA (credit: REUTERS)

“NVIDIA’s infrastructure, engineering and global reach can help improve platform reliability, safety, model evaluation, inference and deployment capabilities, while preserving the open ecosystem that made Hugging Face foundational,” he concluded.

OpenAI agent turns rogue during exercise in Hugging Face platform

Back in July, OpenAI said several experimental AI models escaped their test environment and hacked into the Hugging Face platform.

According to the company, the AI models did so without any human instruction, performing the hack as they went to “extreme lengths” to achieve a testing goal.

“The models identified and chained vulnerabilities across OpenAI’s research environment and Hugging Face’s production infrastructure to obtain test solutions directly from Hugging Face’s production database,” the company said.

“Our models spent a substantial amount of inference compute finding a way to obtain open Internet access, in pursuit of solving the evaluation problem,” it added.

Aaron Glick contributed to this report.

This post was originally published on here. 

In the 21st century, clean energy is no longer just an environmental talking point – it is the indispensable foundation of economic expansion, industrialization, and the emerging digital economy. Across East Africa, a major transformation is underway, and its center of gravity sits in Addis Ababa.

By aggressively expanding its renewable energy capacity, Ethiopia is rapidly evolving into East Africa’s undisputed clean energy bank. What was once framed purely as domestic infrastructure development has grown into a powerful engine of economic integration and energy diplomacy across the Horn of Africa.

Beyond rhetoric: Building a diversified powerhouse

For years, skeptics viewed ambition around green economies in the region as high-minded policy talk. However, recent milestones reflect concrete, measurable progress. Prime Minister Abiy Ahmed’s vision of “illuminating every corner of our nation” is being backed by heavy infrastructure investments across multiple generation vectors.

The completion and full operation of the Grand Ethiopian Renaissance Dam – now generating 5,150 MW – has single-handedly more than doubled Ethiopia’s total electricity capacity. Coupled with the rapid progress of the Koysha Hydropower Project, these installations provide a foundation for regional energy security.

Yet, relying solely on river basins is a risk in an era of unpredictable climate patterns. To mitigate this, Ethiopia has diversified its energy mix.

ETHIOPIA’S GRAND Renaissance Dam undergoes construction work on the Nile River in Benishangul Gumuz Region, Ethiopia, on  September 26.  (Tiksa Negeri/File Photo/Reuters) (credit: TIKSA NEGERI / REUTERS)

Wind power projects, including Ashegoda, Adama 1 & 2, Ayisha 2, and Assela, currently yield 504 MW, with the expanding Ayisha project adding further capacity.

Geothermal power stations are also being developed, with key projects under construction at Aluto-Langano and Tulu Moye that promise reliable baseload power.

Off-grid solar is also expanding through solar mini-grids. Home solar installations are expanding access to remote villages, powering local health posts, schools, and agricultural processing hubs.

From the ‘water tower’ to the ‘power tower’

In his 2021 book The Power of Geography, geopolitical analyst Tim Marshall noted that if Ethiopia managed its water resources effectively, it would transition from being the “water tower” of Africa to the region’s “power tower.”

Decades earlier, in 1972, Ethiopian geographer Professor Mesfin Woldemariam highlighted similar strategic possibilities.

That prediction is now playing out in real time.

Ethiopia is no longer acting merely as an isolated producer; it has positioned itself as a core regional exporter. Cross-border transmission lines actively supply clean, affordable electricity to Kenya, Sudan, and Djibouti.

For Kenya and its neighbors, importing Ethiopian hydropower helps stabilize national grids, cut down reliance on costly thermal plants, and accelerate climate targets.

This interconnectedness changes regional geopolitical dynamics. When nations share critical grid infrastructure, energy trade shifts from a standard commercial transaction into a framework of shared interest. Interdependence creates a practical incentive for regional stability and cooperative diplomacy across East Africa.

Unlocking trade and private investment

This energy push coincides with broader economic integration. Ethiopia’s active engagement with the African Continental Free Trade Area, ongoing steps toward World Trade Organization accession, and entry into the BRICS bloc demonstrate a strategy anchored in trade and regional partnerships.

By modernizing regulatory frameworks and opening power generation to private developers, the country is creating clearer entry points for international and domestic foreign direct investment. Reliable power drives manufacturing, supports small and medium-sized enterprises, and creates jobs – laying the groundwork for domestic businesses to scale across borders.

Looking ahead: The vision for an interconnected grid

The long-term vision extends beyond the Horn of Africa. Strategic planning points toward an interconnected power grid reaching across North Africa, with ultimate links toward European markets. Over the next decade, continued expansion into geothermal, wind, and solar will be critical to sustaining this momentum.

Energy access remains one of the strongest multipliers for human development. By leveraging its natural assets into usable, exportable power, Ethiopia is offering a compelling case study for emerging markets: how to leapfrog traditional, carbon-heavy development models in favor of a clean, interconnected, and self-reliant energy future.

The writer is an international relations professional based in Addis Ababa, specializing in Horn of Africa geopolitics and war journalism, and the author of two books on Nile diplomacy.

This post was originally published on here. 

The High Court of Justice ordered 189 former Shin Bet (Israeli Security Agency) officials who sought to overturn David Zini’s appointment as head of the agency to reveal their identities to him by next Thursday, bringing the latest dispute arising from one of Israel’s most contested security appointments closer to an end.

The names will be given only to Zini and will remain barred from public release.

The petitioners include former Shin Bet directors Nadav Argaman, Ami Ayalon, and Carmi Gillon, alongside 186 former employees and managers of the agency. Their October petition argued that placing Zini at the head of the Shin Bet without prior intelligence experience posed a risk to both national security and the agency’s independence.

Zini, a retired IDF major-general, was appointed after a turbulent process that began with the government’s attempt to dismiss his predecessor, Ronen Bar. The High Court subsequently found that Bar’s dismissal had been conducted unlawfully and that Prime Minister Benjamin Netanyahu was in a conflict of interest because the Shin Bet was involved in investigating the Qatargate affair concerning members of the Prime Minister’s Office.

Netanyahu later received approval to advance the appointment of Bar’s successor under an agreement reached with the attorney-general and endorsed by the court. The government approved Zini’s appointment on September 30, 2025, and he entered the position on October 5.

Supreme Court President Isaac Amit and Supreme Court justices arrive for a hearing at the Supreme Court in Jerusalem on petitions seeking to overturn the election of attorney Michael Rabello as State Comptroller, June 28, 2026. (credit: CHAIM GOLDBERG/FLASH90)

Former Shin Bet officials challenge Zini’s appointment

The former officials filed their petition that same day. They argued that Zini had never served in an intelligence position and lacked the professional background required to manage an agency responsible for counterterrorism, counterespionage, internal security, and protecting Israel’s democratic institutions.

They also alleged that the appointment process did not include a substantive examination of his professional suitability and that conflicts involving members of his immediate circle could prevent him from handling parts of the agency’s work.

The petition asked the court to cancel the appointment and require a new selection process. Alternatively, it asked the government to demonstrate that the dominant consideration behind Zini’s selection was professional rather than political or personal.

The High Court rejected the challenges to the appointment in December by a two-to-one majority. Deputy Supreme Court President Noam Sohlberg and Justice David Mintz found no basis for judicial intervention after the senior appointments advisory committee and the government had approved the appointment.

Mintz also rejected the contention that Zini’s lack of Shin Bet experience disqualified him, noting that senior officials had previously moved between different branches of Israel’s security establishment.

Supreme Court President Isaac Amit dissented. He did not call for Zini’s appointment to be canceled outright, but said the advisory committee had failed to examine sufficiently the circumstances surrounding his selection, Netanyahu’s conduct, and the possibility that improper considerations had influenced the process. Amit would have returned the appointment to the committee for further examination and a fuller explanation.

Court suggests Zini waive right to see petitioners’ names

The separate battle over the petitioners’ identities continued after their substantive case was rejected. They had filed the list of names confidentially and asked that it be available only to the judges.

Sohlberg ruled in December that no legal basis existed to conceal the names from Zini, a respondent in the case who held the necessary security clearance. The court nevertheless suggested that Zini consider waiving his right to see them to ease tensions with former agency personnel who could still assist its work.

The petitioners later maintained that the judgment had recognized Zini’s right to inspect the list without expressly ordering them to provide it. Zini disagreed and filed a contempt-of-court motion to enforce it.

On Thursday, Amit, Sohlberg, and Mintz issued a new, unequivocal order requiring the petitioners to provide their names to Zini within seven days. 

This post was originally published on here. 

Good morning, it’s finance editor Jeff John Roberts pinch-hitting for Allie. Term Sheet readers of a certain age may recall when a young and still up-and-coming company called Google went on an acquisition spree for the ages. In a four-year span starting in 2003, the search giant hoovered up two ad tech firms, DoubleClick and AdSense, that gave it a full suite of digital advertising tools. And for good measure, it acquired the firm that built the tech behind Google Earth as well as two little startups called Android and YouTube. That shrewd run of M&A is a big reason why Google, now Alphabet, is today one of the dominant companies on the planet.

I raise all of this because Stripe has been on a shopping spree of its own that, if things go right, could one day prove as successful as what Google pulled off 20 years before. Leaving aside its aborted play for PayPal (more on that in a moment), Stripe has since late 2024 acquired two crypto players, Privy and Bridge, that were leaders in the fields of wallets and stablecoins respectively. The fintech giant has also purchased a firm called Ourum that specializes in account verification and bank transfers, as well as Metronome, which handles usage-based billing. For good measure, Stripe this month closed on a deal worth around $7.5 billion for the buzzy AI distribution service OpenRouter. 

Put it all together and Stripe, like Google before it, is strategically absorbing firms that will help it consolidate its existing lead in its core service, while also building capacity in two fields—in this case blockchain and AI—that will define the next decade of technology. 

That brings us to the aborted PayPal deal. The would-be acquisition, which was cooked up this spring, came undone this week after a recent uptick in PayPal’s share price suddenly made Stripe’s original offer of $60.50 per share look too cheap. Had the deal worked out, it would have added a critical additional piece to Stripe’s growing empire: A massive consumer-facing business to complement its existing merchant-heavy customer base.

According to James Wester, a research director at Javelin Strategies, the PayPal deal falling through may have been for the best. Wester points out that it would have been a tough cultural fit for Stripe, which he says is defined by a developer-focused ethos, and has little in common with a lumbering older brand like PayPal.

Wester also notes that Stripe can only bite off so much since, as a private company, it is relatively constrained in how much capital it has to throw around. Google, by contrast, carried out two of its major acquisitions—DoubleClick and YouTube—when it was flush with cash from its 2004 IPO.

As for the quality of Stripe’s acquisitions, and any forthcoming ones, it’s hard to predict how they will pan out.  Looking back at Google’s purchase of its ad tech stack, the obvious reaction is “OMG, what a steal, how did regulators let that go ahead?”—but that’s with the benefit of hindsight. It remains to be seen whether Stripe’s purchases will prove as prescient. As one competitor to whom I made the Google comparison pointed out, Yahoo made a lot of acquisitions in that era too—only to flame out and get bought by the phone company a decade later. Wester, though, thinks it’s unlikely that will be Stripe’s fate.

“As much as the analyst in me wants to look at these latest acquisitions for AI and stablecoins with a jaundiced eye, I can’t help but think they’ve been pretty good at this so far,” he said, adding that Stripe has been a master of anticipating where the payments landscape is going next.

In addition to a penchant for M&A, Stripe has another attribute that invites comparison to early era Google: Its knack for public relations. Even as the company has grown into a behemoth, its charismatic founders have preserved a down-home Irish image, burnished by the company’s “Cheeky Pint” video interview series. 

And unlike most fast-growing companies, Stripe makes no unforced errors. This can’t go on forever, of course. Just as sheer size and media glare forced Google to drop its “Don’t Be Evil” corporate logo, Stripe is likely to show sharper elbows in coming years. Then, there is the matter of antitrust, which became one of the few forces to slow Google down. Stripe is still not of the scale to worry about that yet—and antitrust seems to be out the window in the Trump era in any case—but don’t be surprised if all those acquisitions cause legal trouble down the road. 

For now, though, Stripe can enjoy its current sweet spot of being powerful and likable at the same time, just as Google did long ago.

See you tomorrow, 

Jeff John Roberts
X:
 @jeffjohnroberts
Email: jeff.roberts@fortune.com

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This story was originally featured on Fortune.com

This post was originally published here. 

Billionaire investor Leon Black refused to appear for a sworn deposition before Congress on Thursday and instead sued the House Oversight Committee, asking a federal court to block subpoenas issued as part of its investigation into disgraced financier Jeffrey Epstein.

The House Oversight Committee served Black with two subpoenas during a closed-door voluntary interview in June after lawmakers said he refused to answer questions about nondisclosure agreements. One subpoena demanded Black produce NDAs and other documents, while the other compelled him to return for a deposition before the committee.

Black’s lawsuit argues the subpoenas exceed the committee’s authority by seeking private information unrelated to Epstein or any legitimate legislative purpose. It asks a federal judge to declare the subpoenas invalid and prevent the committee from enforcing them.

“The Committee is on a fishing expedition that oversteps its authority and completely ignores its responsibility,” Black’s attorney, Susan Estrich, said in a statement. “This is no longer about finding the truth about Epstein. It is about trying to destroy Mr. Black.”

Rep. Robert Garcia, the top Democrat on the Oversight Committee, said Congress “must hold him in contempt immediately.”

“By refusing to testify today, Leon Black is now defying two congressional subpoenas,” Garcia said.

Black is the co-founder and former chief executive of the private equity firm Apollo Global Management. He stepped down in 2021 during the fallout over his ties to Epstein.

He is among a number of influential figures to appear in the investigation into Epstein and the web of wealth and influence around him. Other figures to have appeared for the investigation include former Democratic President Bill Clinton, Commerce Secretary Howard Lutnick and Microsoft co-founder Bill Gates.

Black is mentioned repeatedly in files that the Justice Department has released related to the Epstein investigation. He also appears in a collection of birthday messages sent to Epstein that were released by the House committee last year, including a poem attributed to Black that refers to “Blond, Red or Brunette, spread out geographically.”

Before the June 26 appearance before the committee, Black maintained that he was not aware of Epstein’s “nefarious activity” until 2019 and that he paid Epstein for legitimate purposes, in part due to his “unrivaled network of relationships” with influential figures.

This story was originally featured on Fortune.com

This post was originally published here. 

Abdul El-Sayed, an epidemiologist-turned-politician, has no particular background in the treasury markets. Yet, Wednesday morning, the Democratic nominee for U.S. Senate in Michigan offered his armchair analysis of the bond rout on X, writing that it was a “ringing alarm bell,” that investors’ confidence had been undermined by inflation, the war with Iran and pressure on the Fed. President Donald Trump, El-Sayed argued, was risking the economy in order to give it a “temporary sugar high through the midterms.” 

The post is just one in a fleet of partisan spin that El-Sayed and every other Senate candidate might make. And the forces driving the bond market are considerably more calculated than his post suggested.

But the political danger he identified is real: with the midterms a mere two months away, rising Treasury yields are threatening to make an Affordability 2.0 crisis flare up. 

Long-term bonds have been selling off across the most advanced economies, but it’s usually taken years. More of a  “slow burn” than a sudden shock, Robin Brooks, senior economics fellow at Brookings, wrote in a Substack published Wednesday. After years of ultra-low interest rates during the pandemic, followed by an intensive hiking cycle and unmoored fiscal spending, rates are in a melt-up in essentially every Western economy save for Switzerland and Sweden, which have kept their deficits low, Brooks notes. 

What’s new is that the selloff has spread to the 10-year treasury—the benchmark for mortgages, loans for cars and corporate spending—which started to also push up. The 10-year yield climbed above 4.8% this week, its highest level since October 2023, and the five-year sits right below 4.6%, up from below 4% in March.

“Sustained higher interest rates can translate into the balance sheets of households fairly quickly,” Stephen Kaplan, a professor of political science and international affairs at George Washington University who has studied how bond markets constrain governments around elections, told Fortune. “And that can have repercussions during elections.”

Kaplan argued that voters are less likely to point fingers at Treasury Secretary Bessent than they are  to blame Trump. He compared it to how voters talk about inflation; they don’t necessarily care whether inflation is above the Fed’s 2% target, or PCE vs CPI, but they do certainly notice when beef and eggs start to cost more. By that same token, they notice when interest rates push up, making a house purchase untenable; or when companies stop hiring to save money from higher rates. 

The Trump administration has paid close attention to long-term rates. New York Post reporter Charles Gasparino reported last month that Treasury Secretary Scott Bessent was prepared to “put the fear of God” into bond vigilantes. Bessent has already announced Treasury buybacks and renewed reliance on short-term borrowing, in an effort to prevent long-term yields from climbing further. On Wednesday, at the G20 summit, he argued that the economy remains “very, very strong” and that interest rates should fall once the U.S. gets “on the other side” of the Iran conflict. 

Bessent also repeated a line that Warsh has used: that artificial intelligence will become “extremely disinflationary” once the productivity benefits hit, even within six months, he argued. 

But six months would be too late to bring down the numbers before the midterms. And voters are already judging the economy on its pressure points: in a Reuters poll conducted last week, nearly half of registered voters named the cost of living as the most important factor in their vote. And 71%of Americans disapproved of Trump’s handling of the cost of living, compared to just 22% who approved. 

It’s the economy, stupid 

Broader political science literature suggests that those perceptions matter during midterms. Political scientist Edward Tufte famously described the midterm vote as a referendum on both the president’s performance and his administration’s management of the economy. Looking at elections from 1938 through 1970, his seminal 1978 study found that changes in presidential approval and voters’ real purchasing power were strongly associated with the national vote received by the president’s party. It truly is the economy, stupid. 

But that is also what makes the bond market such a weird adversary heading into a midterm election. Investors are not only adjudicating on inflation or the Fed. They are confronting an enormous supply of government debt, wondering if Washington has the political plan to stabilize it. 

“I don’t think anyone doubts the economic capacity of the United States,” Kaplan said. “It’s more this question of political will.” All the austerity options—cutting spending, reforming entitlements or raising taxes are measures politicians are reticent to embrace before an election. America’s reserve-currency status gives Washington more time than most countries to resolve that conflict, Kaplan said, but not indefinitely.

For now, Kaplan said, this is far from a U.S. debt crisis, or a Liz Truss affair. Kaplan described the current move more as a market nod to policymakers than an immediate act of discipline.

“Markets are giving a check,” Kaplan said. “The market’s kind of saying, okay, we’re concerned about inflation. We’re concerned about the economy. People are concerned about affordability. It’s a check: okay, what’s being done about it?”

This story was originally featured on Fortune.com

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Gloria Steinem, the celebrated author and activist who became one of the most visible symbols and potent voices of the U.S. women’s movement and a fierce advocate for feminist causes for over six decades, has died. She was 92.

With her trademark streaked hair parted down the middle and large aviator glasses, Steinem, a co-founder of Ms. Magazine, was a hugely recognizable presence wherever she went. And she went everywhere: Much of her life as an advocate was spent on the road, speaking at college campuses and community centers, at rallies and marches.

“You can’t do it on the phone or on the web,” she told The Associated Press in a 2015 interview. “You have to be there with all five senses. It should be obvious that people can’t empathize with each other unless we’re in the same room.”

Steinem, who had been in declining health, died Wednesday at her home in New York City, according to a post on her social media page. She had recently completed a memoir, to be released this fall.

“Gloria’s greatest gift was her ability to listen to others, to make others feel seen and heard,” the post said. “Her words, actions, and example gave people permission to be their truest selves.”

Though Steinem had recently become more frail physically, her wit and humor remained totally intact. Her friend and fellow activist, Abigail Disney, said she’d visited Steinem’s Manhattan home a bit over a week ago, as those close to her gathered by her side. “She was just as funny and just as sharp as I have ever known her,” Disney said. And, she said, generous.

“Everything Gloria did was rooted in kindness,” Disney said. “It flowed through her political activism.”

Steinem changed her career path after a start as a journalist

Steinem began her career as a journalist, notably reporting in 1963 on degrading conditions in Hugh Hefner’s Playboy empire — an undercover assignment she came to later regret. She credits a meeting six years later, where women spoke out in favor of abortion rights, with changing her career path.

“That speak-out was the beginning of activism for me,” Steinem, who had undergone a secret illegal abortion herself at age 22, told the AP in an email in 2022, reflecting on the reversal of Roe v. Wade. “Either our control over our own bodies is equal, regardless of sex or race, or we’re not living in a democracy.”

Those who watched Steinem denounce discrimination for so many years likely never suspected that she’d had to overcome a deep fear of public speaking. She would have simply stuck to writing, she said, if only editors at the time had been willing to let her write about the women’s movement.

But they weren’t interested, she told the AP in 2015. “So I ended up going out and speaking, which was my nightmare,” she said. “I mean, I was terrified. But I’m grateful, even though I still get scared even now.”

Steinem’s visibility endured throughout her life

Time hardly slowed Steinem down; through her 80s, she was traveling the globe and speaking out on issues of importance to her. These included everything from genital mutilation to Korean reconciliation, but it was equality for women that took precedence. “Being a feminist means that you see the world as whole instead of half,” she once said. “It shouldn’t need a name, and one day it won’t.”

As the years went on, Steinem’s visibility endured. A few days after her 85th birthday, she was leading a women’s “talking circle” at an off-Broadway play celebrating her life, where one by one, women in the audience — many fighting tears — rose to thank her and tell their own stories of discrimination. In 2020, her life was the subject of a feature film, “The Glorias, A Life on The Road.”

And at 91, she collaborated on a picture book with Liberian peace activist and Nobel laureate Leymah Gbowee aimed at inspiring young people to change the world. “Rise, Girl, Rise: Our Sister-Friend Journey. Together for All” was published in February.

The constant visibility came with a price; even into her older years, Steinem expressed frustration that despite her accomplishments, she was often described as beautiful or glamorous. A 1992 Vanity Fair profile even noted her “spectacular racehorse legs.”

“Nobody ever called me beautiful until I was publicly a feminist, and that was in my mid-30s,” she told AP in a 2011 interview. “It was clear that label was being assigned to me. The most hurtful part is that you work very hard, and people say it’s because of your looks.”

Steinem often responded to hostility with humor

Of course, Steinem also had to deal with hostility — sometimes from surprising places. Appearing on Larry King’s talk show on CNN in 1990, she was visibly stunned when a female caller greeted her cheerfully, then told her to “rot in hell” because she had ruined “the beautiful American family.”

But by then, she noted, at least people were taking feminists seriously. That wasn’t the case in 1972 when she co-founded Ms. Magazine and many commentators — especially male — dismissed it as ridiculous, predicting an early demise.

Among Steinem’s detractors was President Richard Nixon, who was caught on an Oval Office tape ridiculing both her and the “Ms.” title. The ridicule was mutual: In a 1972 National Press Club speech, Steinem called Nixon “the most sexually insecure chief of state since Napoleon.”

It was just one example of Steinem’s trademark wit. Before she married at 66, she often explained her singlehood by saying “I can’t mate in captivity.” Laughter, she wrote, was “the only free emotion — the only one that can’t be compelled.”

Steinem led an unconventional childhood

Gloria Marie Steinem was born on March 25, 1934, in Toledo, Ohio. Her father was a traveling antique salesperson; she spent her early years on the road with her parents, not attending regular school. “I just read everything I could get my hands on,” she told an audience at Manhattan’s 92NY earlier this year.

In 1944 her parents divorced, and 10-year-old Gloria was left to take care of her mother, a once-promising journalist who struggled to combine her work with running a household and who eventually suffered a nervous breakdown.

As a young girl she excelled at tap dancing — it was even going to be her “ticket out of Toledo,” she said. That particular career did not materialize, though, and she attended Smith College in the 1950s — a time when, she said, women were being educated to be mothers and wives.

But marriage was not on Steinem’s mind. “I was engaged to a very nice man. It wasn’t his fault, but I just didn’t want to get married,” she told her 2026 audience. Instead, she took a modest fellowship to travel to India. After that, Steinem headed to Manhattan, where she couldn’t rent her own apartment because landlords assumed if a single woman “could earn enough, you must be a hooker.”

She wanted to write about politics. But editors gave her assignments on food, fashion, and, in what she jokingly called “the lowpoint of my life,” an article about textured stockings. Even more demoralizing was her experience with an editor who, she said, gave her a choice one day: Spend the afternoon in a hotel with him, or mail his letters on the way out.

She chose to mail the letters. “There was no word for sexual harassment then,” she has said. “It was just life.”

But one assignment in 1963 sounded compelling: posing as a Playboy Bunny for an exposé in the now-defunct Show magazine. Steinem auditioned, assuming she’d be weeded out. But she was given her bunny costume — “so tight, it would give a man a cleavage” — and worked at the job for about a month.

“I could not have made a bigger mistake,” she told the AP in 2011. “It was personally and professionally a disaster. In the short term, it was much harder to get assignments, and in the long term it’s been used to ridicule me.”

Steinem’s writing became more political in her 30s

Steinem was in her 30s when she joined the editorial board of New York magazine, and her writing became more political. In 1969, she went to cover an abortion rights hearing. She had never told anyone about her illegal abortion at 22, in London. That was the moment, she has said, that triggered her career as a women’s rights activist.

Steinem founded the National Women’s Political Caucus in 1971 along with Betty Friedan, Shirley Chisholm and Bella Abzug.

Unlike her friend Abzug, however, Steinem was not comfortable in front of a crowd. Gradually, with her early speaking partner Dorothy Pitman Hughes, a Black feminist and child welfare advocate, she found her footing. The two formed a powerful partnership at a time when feminism was viewed as largely a white, middle-class movement. In an iconic photo, the two raise their right arms together in the Black Power salute.

As she grew more famous, Steinem drew attention not just for her work but for a glamorous Manhattan life. Asked once about her streaked hair and aviator glasses, she explained that the hair was inspired by Holly Golightly, the free-spirited character in “Breakfast at Tiffany’s.”

The glasses? They were “more about hiding,” she said.

When reaction was hostile, Steinem would try to reason that it was a step above ridicule. But sometimes it stung, like a snarky Esquire profile in the early ’70s, so hurtful that she cried, and colleagues called a news conference to defend her.

Steinem co-founded Ms. Magazine and stayed with it as an adviser

Then came Ms. Magazine in 1972. “I was so obsessed with the fear that it would fail and be a disgrace to the movement,” Steinem said later. And opponents hoped that would happen. TV newsman Harry Reasoner, an especially tart critic, later apologized on air. Steinem continued with Ms. until it was bought in 2001 by the Feminist Majority Foundation, and remained an adviser.

Steinem never had children, and said she never regretted it. “No, not for a millisecond,” she told the AP. “It’s important that some of us not have children, to show that we have a choice.”

In 2000, Steinem made a choice she’d never planned to: She got married, at 66, to British activist and businessman David Bale, whom she met at a fundraiser. Bale was the father of actor Christian Bale.

“I thought, ‘I haven’t changed, marriage had changed,’” Steinem said. “David and I wanted to be together, we loved each other. He needed a green card.” They married at a Cherokee ceremony in Oklahoma. Several years later, he became ill with brain lymphoma, and Steinem cared for him until his death in 2003.

Steinem said she had few regrets in life, but did miss being present when her father died. She received word that he’d been in a serious car accident, but did not respond in time, and he died alone. “I had taken care of my mom as a child, and I feared I’d never come back,” she explained. She was also sorry that she didn’t become closer to her mother. “I was so fearful of becoming her,” she said in an HBO documentary, “Gloria: In Her Own Words.”

Steinem’s many books included ‘A Life on the Road’ — though she never learned to drive

Steinem’s books included the 2015 road memoir “A Life on the Road” — but she wryly noted at the time that she’d never learned to drive. It would have taken away, she said, from her ability to converse with hosts who picked her up from airports or train stations. And, she noted, she always loved to chat with taxi drivers.

On Jan. 21, 2017, when hundreds of thousands of women gathered in Washington in their pink “pussy hats” for the historic Women’s March, it surprised nobody that the keynote speaker, and the most rousing, was Steinem.

“We are linked,” she told the crowd. “And this is a day that will change us forever because we are together.”

For many women, Steinem was the galvanizing voice that day. She would go on to advocate fiercely. But, though many saw her as a singular figure in history, she often liked to say that if she hadn’t come along, someone else would have accomplished the same things.

By the same token, she said, it was less important that younger people listen to her, and more important that they listen to themselves.

“The primary thing is not that they know who I am,” she said, “but that they know who THEY are.”

This story was originally featured on Fortune.com

This post was originally published here. 

The world’s richest have amassed an eye-watering stockpile of $15.1 trillion—and their heirs are set to take over a third of the global billionaire fortune in the coming decade. Women and Gen Xers are set to take home the largest slice of the pie. 

About 5,000 spouses and adult children will inherit $6.6 trillion of billionaire wealth by 2035, according to a recent report from wealth-intelligence firm Altrata. 

More and more billionaires are inheriting part of their wealth thanks to the growing frequency of inter-generational estate transfers and family gifting. And within the next 10 years, new billionaire records could be broken as thousands more receive wealth from the current group of 3,795 billionaires—an all-time record. 

Looking ahead, women stand to gain the most from the great wealth transfer. Only 13% of current billionaires are women—but as men over the age of 60 dominate the ultra-rich cohort, more than 1,235 female spouses (representing 90% of billionaire partners) will inherit a sizable chunk in the next decade. Altrata says the mega-wealthy gender gap will narrow over time, and as their fortunes grow, there will be “greater diversity” in decision-making and ownership.

“[Rising female billionaire representation] could also spur more entrepreneurial activity and venture capital involvement among the wealthy female class, drive an expansion of female-focused wealth management services, and influence large-scale philanthropic endeavors,” the report says, adding that billionaire women are more involved in non-profit sectors than men are. 

Thousands of others stand to ride the wave of the trillion-dollar wealth transfer, including billionaires’ siblings, grandchildren, and organizations tied to philanthropic endeavors like non-profits and education institutions. 

But their adult children will be some of the biggest beneficiaries—especially Gen Xers.

Gen X children will be among the biggest inheritors

Baby boomer billionaires spent decades grinding it out and stockpiling their successes—and now, their grown-up children are getting in on the action. Altrata found that 23% of expected adult child heirs, typically aged around 48, already work with their ultra-rich parents in the primary family business. That means the latchkey generation is now poised to inherit a massive share of that wealth.

“Attention is often focused on young millennial and Gen Z heirs, but the Gen X demographic is by far the most numerous in line to inherit from their wealthy parent(s),” the Altrata report says. 

Rather than simply receiving cash deposits, adult heirs are set to take on a combination of real estate and shares in listed companies, private businesses, and investment portfolios. 

Then there’s carrying on their parents’ entrepreneurial legacy: Some billionaire children will lead family businesses that have passed down through generations, from manufacturing and consumer goods to finance and retail. 

And when wealth falls into their laps, these billionaire heirs are expected to shake things up. 

Young and middle-aged inheritors are more digitally savvy and activism-oriented than older generations. New technologies, responses to climate change, and “impact investing” could be huge areas of interest for these rich adult children, Altrata explains, which could run awry with how their older parents want to spend their fortunes. 

Geopolitical tension and AI will shape the great wealth transfer

As thousands of spouses and adult children step into wealth in the coming decade, they’ll be up against major headwinds. 

Altrata predicts that “further erosion of the global rules-based order,” climate pressures, tech transformation, and changes to the global economy in the AI era will shape the years ahead. 

“This substantial transfer of family wealth is set to occur in a world of rising complexity, tense geopolitics, and major environmental and technological change,” the report says. “A more unpredictable multipolar world, with shifting centers of power and influence, will complicate the succession-planning and wealth-preservation strategies of the global billionaire class.”

However, there is still opportunity in the chaos of the great wealth transfer. Altrata says that volatility gives next-gen billionaires new opportunities in business, investing, and philanthropy. 

As trillions of dollars change hands, inheritors won’t just take on their family fortunes—they’ll also have the chance to reshape how that wealth is invested, spent, and put to work.

This story was originally featured on Fortune.com

This post was originally published here.