1 day ago
Hyrox, the popular indoor fitness competition, is adjusting its policies and procedures after a world champion was allowed to continue at a competition in China last weekend despite suffering fecal incontinence.
Joanna Wietrzyk was competing in the age 16-24 elite event in Beijing on Saturday when she suddenly became ill. But despite fecal matter running down her legs, Wietrzyk was allowed to keep competing. The Australian continued on and ended up winning the race in a time of 1:01.23.
But in the days since, Hyrox has received heavy criticism for allowing Wietrzyk to continue competing despite the potential health risks. The company said that, despite having "clear biocontaminant and medical procedures in place," the situation "blurred" protocols and created "ambiguity in how they were applied and understood."
"I apologize to all that were directly or indirectly affected, as well as to everyone who felt like we did not handle the situation like we should have," Hyrox co-founder Moritz Furste said in a statement. "Hyrox made a mistake by not reacting immediately during the race. In the end, it is my job to foresee these potential incidents — and I did not.
"Of course, we started improving event processes, plus making rulebook changes immediately. As of this moment, there are new rules and procedures in place to prevent situations like this from happening again."
#allowed
Joanna Wietrzyk was competing in the age 16-24 elite event in Beijing on Saturday when she suddenly became ill. But despite fecal matter running down her legs, Wietrzyk was allowed to keep competing. The Australian continued on and ended up winning the race in a time of 1:01.23.
But in the days since, Hyrox has received heavy criticism for allowing Wietrzyk to continue competing despite the potential health risks. The company said that, despite having "clear biocontaminant and medical procedures in place," the situation "blurred" protocols and created "ambiguity in how they were applied and understood."
"I apologize to all that were directly or indirectly affected, as well as to everyone who felt like we did not handle the situation like we should have," Hyrox co-founder Moritz Furste said in a statement. "Hyrox made a mistake by not reacting immediately during the race. In the end, it is my job to foresee these potential incidents — and I did not.
"Of course, we started improving event processes, plus making rulebook changes immediately. As of this moment, there are new rules and procedures in place to prevent situations like this from happening again."
#allowed
1 day ago
On September 10, 1-800-Flowers.com Inc. (NASDAQ:FLWS) reported fiscal 2026 results that read like a company still finding its footing after a hard year. Full year revenue fell 10.8% to $1.5 billion, and the fourth quarter alone dropped 12.9% to $293.1 million, as consumers stayed selective with discretionary spending on gifts and gourmet food. Buried under those declines, though, is a different story: inventory shrank, free cash flow improved by $55 million, and the company hit a two-year cost savings target a full year early. The question now is whether that discipline can outrun the sales slide.
1-800-Flowers spent fiscal 2026 tearing down the walls between its brands. Instead of separate teams running each brand in silos, the company shifted to functional teams built around marketing, merchandising, and the digital shopping experience, with one team now acting as store manager for every website. That shift already shows up in products: the floral business combined its florist-fulfilled and direct-ship merchandising teams, so the same popular arrangements are available either way, instead of competing against itself on one landing page. Harry & David rolled out a redesigned, mobile-first website with AI-powered search that is currently in A/B testing, and several low-traffic standalone sites were folded into harryanddavid.com to concentrate traffic rather than split it.
The financial discipline behind that reorganization is real. The company reached its $50 million cost savings run rate a full year ahead of schedule and has already lined up another $15 million to $20 million in savings for fiscal 2027, with the full benefit landing in fiscal 2028. That, combined with tighter working capital management, pushed free cash flow up $55 million year over year and cut inventory to $153 million from $177 million. Average order value rose 5.5%, third-party marketplace sales through Amazon, Walmart, and DoorDash are growing at double-to-triple-digit rates and are already contribution margin positive, and BloomNet grew 1.9% on the back of local delivery partnerships with apps like DoorDash and Instacart.
The rest of the story is bleaker. Total transactions fell 17.6% for the year, and the fourth quarter's decline was broad-based: consumer floral and gifts dropped 13.4% to $182.8 million as the company pulled back on promotional discounting, and gourmet foods and gift baskets fell 15.4% to $85.8 million, a decline made worse by the timing of Easter. Adjusted EBITDA for the year collapsed to $2.9 million from $29.2 million, and adjusted gross margin slipped 110 basis points to 38%. Even the fourth quarter's 34.7% gross margin leaned on a one-time $7 million tariff refund.
#fiscal
1-800-Flowers spent fiscal 2026 tearing down the walls between its brands. Instead of separate teams running each brand in silos, the company shifted to functional teams built around marketing, merchandising, and the digital shopping experience, with one team now acting as store manager for every website. That shift already shows up in products: the floral business combined its florist-fulfilled and direct-ship merchandising teams, so the same popular arrangements are available either way, instead of competing against itself on one landing page. Harry & David rolled out a redesigned, mobile-first website with AI-powered search that is currently in A/B testing, and several low-traffic standalone sites were folded into harryanddavid.com to concentrate traffic rather than split it.
The financial discipline behind that reorganization is real. The company reached its $50 million cost savings run rate a full year ahead of schedule and has already lined up another $15 million to $20 million in savings for fiscal 2027, with the full benefit landing in fiscal 2028. That, combined with tighter working capital management, pushed free cash flow up $55 million year over year and cut inventory to $153 million from $177 million. Average order value rose 5.5%, third-party marketplace sales through Amazon, Walmart, and DoorDash are growing at double-to-triple-digit rates and are already contribution margin positive, and BloomNet grew 1.9% on the back of local delivery partnerships with apps like DoorDash and Instacart.
The rest of the story is bleaker. Total transactions fell 17.6% for the year, and the fourth quarter's decline was broad-based: consumer floral and gifts dropped 13.4% to $182.8 million as the company pulled back on promotional discounting, and gourmet foods and gift baskets fell 15.4% to $85.8 million, a decline made worse by the timing of Easter. Adjusted EBITDA for the year collapsed to $2.9 million from $29.2 million, and adjusted gross margin slipped 110 basis points to 38%. Even the fourth quarter's 34.7% gross margin leaned on a one-time $7 million tariff refund.
#fiscal
1 day ago
Federal Communications Commission (FCC) Chairman Brendan Carr accused Democratic Texas Senate candidate James Talarico of banking on public confusion over the equal time statute to drive clicks and donations.
Last week, Talarico appeared on ABC's "Jimmy Kimmel Live!," but the liberal late-night host insisted the interview had to air on YouTube, instead of broadcast television, because the FCC has "threatened" the network.
The White House previously said Kimmel was "play-acting," because the FCC did not threaten him regarding interviewing Talarico, or any other candidate.
Carr responded on Saturday to an account on X that complained Talarico was relegated to YouTube, but Sen. Ted Cruz, R-Texas, was allowed to appear on ESPN's "College Gameday." The chairman blasted Talarico, noting that the equal time statute doesn't apply to ESPN and does not prohibit anyone from interviewing anyone on broadcast TV.
Kimmel Reveals He's Interviewing James Talarico Under 'Unusual Circumstances,' Citing Fcc Threats
#kimmel
Last week, Talarico appeared on ABC's "Jimmy Kimmel Live!," but the liberal late-night host insisted the interview had to air on YouTube, instead of broadcast television, because the FCC has "threatened" the network.
The White House previously said Kimmel was "play-acting," because the FCC did not threaten him regarding interviewing Talarico, or any other candidate.
Carr responded on Saturday to an account on X that complained Talarico was relegated to YouTube, but Sen. Ted Cruz, R-Texas, was allowed to appear on ESPN's "College Gameday." The chairman blasted Talarico, noting that the equal time statute doesn't apply to ESPN and does not prohibit anyone from interviewing anyone on broadcast TV.
Kimmel Reveals He's Interviewing James Talarico Under 'Unusual Circumstances,' Citing Fcc Threats
#kimmel
1 day ago
Kai Cenat has already conquered the Twitch world, becoming the platform's most-subscribed streamer with over 21 million followers. On Saturday, Sept. 12, he made his official foray into fashion as his clothing label, Vivet, held its first-ever runway show at New York Fashion Week, which was attended by Ms. Lauryn Hill, Law Roach, and Jaden Smith.
The 24-year-old influencer livestreamed the show across his social media channels, bringing in close to 800,000 viewers from Twitch alone. He's accumulated his following from livestreams where he'd do everything from acting out comedic skits, playing video games, talking to his fans or interviewing A-list celebrities like LeBron James, Mariah Carey, Nicki Minaj, Kevin Hart and Ice Spice.
#twitch #lauryn
The 24-year-old influencer livestreamed the show across his social media channels, bringing in close to 800,000 viewers from Twitch alone. He's accumulated his following from livestreams where he'd do everything from acting out comedic skits, playing video games, talking to his fans or interviewing A-list celebrities like LeBron James, Mariah Carey, Nicki Minaj, Kevin Hart and Ice Spice.
#twitch #lauryn
1 day ago
BERLIN (AP) — Germany's federal prosecutor's office said Monday it had filed charges against a German-Ukrainian woman suspected of acting on behalf of Russian intelligence.
The woman, who was only identified as Ilona W. in line with German privacy rules, is accused of having been in contact with a full-time intelligence officer at the Russian Embassy in Berlin at least since Oct. 2023, the prosecutor's statement said.
The defendant ran a marketing agency in Berlin and was also the chairwoman of a lobbying group. As a result, she had an extensive network in military and political circles, prosecutors said.
Over the course of several years, the woman provided the intelligence officer at the Russian embassy with numerous tips about high-profile events and ensured that he could attend them — sometimes under a false name. This was intended to enable him to build his own network for intelligence purposes, the statement said.
To identify contacts and potential targets, she also attended such events herself. Furthermore, the defendant attempted to recruit individuals from the German Ministry of Defense and the defense industry for her own purposes, prosecutors alleged.
#defense #statement
The woman, who was only identified as Ilona W. in line with German privacy rules, is accused of having been in contact with a full-time intelligence officer at the Russian Embassy in Berlin at least since Oct. 2023, the prosecutor's statement said.
The defendant ran a marketing agency in Berlin and was also the chairwoman of a lobbying group. As a result, she had an extensive network in military and political circles, prosecutors said.
Over the course of several years, the woman provided the intelligence officer at the Russian embassy with numerous tips about high-profile events and ensured that he could attend them — sometimes under a false name. This was intended to enable him to build his own network for intelligence purposes, the statement said.
To identify contacts and potential targets, she also attended such events herself. Furthermore, the defendant attempted to recruit individuals from the German Ministry of Defense and the defense industry for her own purposes, prosecutors alleged.
#defense #statement
1 day ago
Hyrox, the global endurance fitness race, is revising its protocols after a top athlete soiled herself and was allowed to continue during a competition in Beijing on Sept. 12.
Photos from the indoor competition show Australian Joanna Wietrzyk, the 22-year-old Hyrox world champion, with fecal matter running down her legs during the age 16-24 elite race. Wietzryk won the race with a time of 1:01:23, besting second-place finisher Alyssa McElheny of the United States by 45 seconds.
The incident sparked online outrage over potential health risks, prompting Hyrox co-founder Moritz Furste to release a statement on Monday, Sept. 14 admitting that race organizers failed by not removing Wietryzk from the competition.
"HYROX made a mistake by not reacting immediately during the race," Furste wrote in an Instagram post. "In the end it is my job to foresee these potential incidents – and I did not. Of course, we started improving event processes, plus making rulebook changes immediately. As of this moment, there are new rules and procedures in place to prevent situations like this from happening again."
USA TODAY Sports reached out to Hyrox, Wietrzyk and her coach for comment on Monday morning and did not immediately hear back.
#immediately
Photos from the indoor competition show Australian Joanna Wietrzyk, the 22-year-old Hyrox world champion, with fecal matter running down her legs during the age 16-24 elite race. Wietzryk won the race with a time of 1:01:23, besting second-place finisher Alyssa McElheny of the United States by 45 seconds.
The incident sparked online outrage over potential health risks, prompting Hyrox co-founder Moritz Furste to release a statement on Monday, Sept. 14 admitting that race organizers failed by not removing Wietryzk from the competition.
"HYROX made a mistake by not reacting immediately during the race," Furste wrote in an Instagram post. "In the end it is my job to foresee these potential incidents – and I did not. Of course, we started improving event processes, plus making rulebook changes immediately. As of this moment, there are new rules and procedures in place to prevent situations like this from happening again."
USA TODAY Sports reached out to Hyrox, Wietrzyk and her coach for comment on Monday morning and did not immediately hear back.
#immediately
1 day ago
Catherine Zeta-Jones spoke out against the "nepo baby" label, calling it "horrific" and saying her children "didn't ask to be born into this." The actress has two children, Dylan Douglas, 26, and Carys Zeta Douglas, 23, with her husband, Michael Douglas, who are pursuing their own acting careers.
In an interview with The Sunday Times, the 56-year-old Welsh actress said, "They're plugging away," adding, "My daughter wanted to be Amal Clooney for a while. But you have to go with your dreams, your passion."
The actress, known for her roles in The Mask of Zorro and Chicago, said, "It's hard for them to forge a way forward on their own. This horrific phrase 'nepo baby' is horrible because these kids didn't ask to be born into this; they're finding their own way in life. But they love it, and they're good. Otherwise, Michael and I would be the first to go, 'You know what? Maybe law school looks really good.'"
Catherine got her first major break in 1987 when she joined the West End production of 42nd Street. She went on to achieve widespread recognition in the UK after joining the cast of The Darling Buds of May in 1991.
The actress told the outlet, "Until I had my own kids, I didn't realise the pressure, how big that was for a young adult – well, a teenager." She added, "I had a sniff of the joy of being in the theatre so young. I went, 'I want to do this. I can't imagine going through school and A-levels in Swansea.'"
#didn 't #michael
In an interview with The Sunday Times, the 56-year-old Welsh actress said, "They're plugging away," adding, "My daughter wanted to be Amal Clooney for a while. But you have to go with your dreams, your passion."
The actress, known for her roles in The Mask of Zorro and Chicago, said, "It's hard for them to forge a way forward on their own. This horrific phrase 'nepo baby' is horrible because these kids didn't ask to be born into this; they're finding their own way in life. But they love it, and they're good. Otherwise, Michael and I would be the first to go, 'You know what? Maybe law school looks really good.'"
Catherine got her first major break in 1987 when she joined the West End production of 42nd Street. She went on to achieve widespread recognition in the UK after joining the cast of The Darling Buds of May in 1991.
The actress told the outlet, "Until I had my own kids, I didn't realise the pressure, how big that was for a young adult – well, a teenager." She added, "I had a sniff of the joy of being in the theatre so young. I went, 'I want to do this. I can't imagine going through school and A-levels in Swansea.'"
#didn 't #michael
1 day ago
Cindy Crawford revealed that she had a secret wardrobe malfunction during the Gucci Cruise 2027 show
"That dress was so big you couldn't see it," the supermodel, 60, said
Crawford also recently reflected on her short-lived acting career
Cindy Crawford is revealing a secret wardrobe malfunction she had during the Gucci Cruise 2027 show in May.
Speaking with Net-a-Porter's digital publication Porter for an interview published on Thursday, Sept. 10, the supermodel, 60, recalled a mishap with her shoe before hitting the runway earlier this year. In the show, which took place in New York City's Times Square, Crawford wore a strapless black gown covered in black feathers.
#crawford #cindy #wardrobe
"That dress was so big you couldn't see it," the supermodel, 60, said
Crawford also recently reflected on her short-lived acting career
Cindy Crawford is revealing a secret wardrobe malfunction she had during the Gucci Cruise 2027 show in May.
Speaking with Net-a-Porter's digital publication Porter for an interview published on Thursday, Sept. 10, the supermodel, 60, recalled a mishap with her shoe before hitting the runway earlier this year. In the show, which took place in New York City's Times Square, Crawford wore a strapless black gown covered in black feathers.
#crawford #cindy #wardrobe
1 day ago
Aran Murphy had his first viral moment. After hitting the red carpet for his new show, Youth, social media users pointed out how similar the 19-year-old up-and-coming actor's mannerisms are to those of Oscar winner Cillian Murphy, Aran's father. "I knew who his dad was before I even heard him," adds one commenter underneath Aran's video interview, which took place on September 11.
Aran has a big year ahead, with a number of projects set to hit the small and big screen. Keep scrolling to get to know Cillian's sons, Aran and Malachy, whom he shares with his wife, artist Yvonne McGuinness. Though Cillian famously avoids the spotlight, he's shared several details about his family life and his son's career over the years.
Aran is Cillian's youngest son, born in July 2007. After spending the first few years of his life in London, Aran moved with his family to Dublin in 2015, per The Telegraph.
Jonathan Brady/PA Images via Getty Images
Aran caught the acting bug early. He was 11 years old when he made his acting debut in the one-boy play Hamnet — not to be confused with the award-winning 2025 film. Cillian praised Aran's approach to acting during an interview with The Guardian.
#aran #cillian #acting
Aran has a big year ahead, with a number of projects set to hit the small and big screen. Keep scrolling to get to know Cillian's sons, Aran and Malachy, whom he shares with his wife, artist Yvonne McGuinness. Though Cillian famously avoids the spotlight, he's shared several details about his family life and his son's career over the years.
Aran is Cillian's youngest son, born in July 2007. After spending the first few years of his life in London, Aran moved with his family to Dublin in 2015, per The Telegraph.
Jonathan Brady/PA Images via Getty Images
Aran caught the acting bug early. He was 11 years old when he made his acting debut in the one-boy play Hamnet — not to be confused with the award-winning 2025 film. Cillian praised Aran's approach to acting during an interview with The Guardian.
#aran #cillian #acting
1 day ago
Jean Smart could set a brand-new record at the 2026 Primetime Emmy Awards on September 14. If she wins in the Outstanding Lead Actress in a Comedy Series for her role as Deborah Vance in the final season of Hacks, she'll be the first comedy lead actor to win for every season of a single television series.
Plus, the win would give her eight acting Emmys, which would tie the all-time record with Julia Louis-Dreyfus and Cloris Leachman.
With Smart back in the spotlight because of the awards show, we're taking a deep dive into her love life, including her current romance and her relationship with her late husband.
Smart is in a relationship with Joe Pacheco. While it's unclear exactly when they started dating, they made their red carpet debut at the 2024 Emmy Awards, then attended the Golden Globes together in 2025. Pacheco was once again Smart's date to the Emmys in 2025, Golden Globes 2026, and was by her side at the premiere for Hacks' final season in April.
The actress told CBS Mornings in June 2025 that she was dating a "wonderful actor." When she appeared on the Wiser Than Me podcast in May 2026, she called her boyfriend an "extremely lovely man" and said she met him at a friend's party.
#awards #lead
Plus, the win would give her eight acting Emmys, which would tie the all-time record with Julia Louis-Dreyfus and Cloris Leachman.
With Smart back in the spotlight because of the awards show, we're taking a deep dive into her love life, including her current romance and her relationship with her late husband.
Smart is in a relationship with Joe Pacheco. While it's unclear exactly when they started dating, they made their red carpet debut at the 2024 Emmy Awards, then attended the Golden Globes together in 2025. Pacheco was once again Smart's date to the Emmys in 2025, Golden Globes 2026, and was by her side at the premiere for Hacks' final season in April.
The actress told CBS Mornings in June 2025 that she was dating a "wonderful actor." When she appeared on the Wiser Than Me podcast in May 2026, she called her boyfriend an "extremely lovely man" and said she met him at a friend's party.
#awards #lead
1 day ago
Healthy Tanner Houck Hopes to Be a Difference Maker for Red Sox in Playoffs originally appeared on NESN. Add NESN as a Preferred Source by clicking here.
Tanner Houck started his career with plenty of hype, acting as someone who can do anything if given the opportunity. Coming off an injury that kept him out of action throughout he 2026 season, he hopes the Red Sox could use him come playoff time.
The 24th overall pick in the 2017 MLB Draft, Houck was picked up as a starting pitcher. A chameleon, he adapted to any situation, acting as a starter, reliever, and closer. In 2022, he appeared in 32 games and was as durable as one could be.
Houck has shown flashes of brilliance but hasn't found consistency. This year, he has been rehabbing after undergoing a special surgery of his ulnar collateral ligament. It's a "hybrid reconstruction" with a flexor tendon repair.
That was last August. This year, the Red Sox, with high expectations, struggled at first. Now, they are playoff contenders, and Houck wouldn't mind adding to the fun. That includes rejoining the team before the season ended.
#playoff #healthy
Tanner Houck started his career with plenty of hype, acting as someone who can do anything if given the opportunity. Coming off an injury that kept him out of action throughout he 2026 season, he hopes the Red Sox could use him come playoff time.
The 24th overall pick in the 2017 MLB Draft, Houck was picked up as a starting pitcher. A chameleon, he adapted to any situation, acting as a starter, reliever, and closer. In 2022, he appeared in 32 games and was as durable as one could be.
Houck has shown flashes of brilliance but hasn't found consistency. This year, he has been rehabbing after undergoing a special surgery of his ulnar collateral ligament. It's a "hybrid reconstruction" with a flexor tendon repair.
That was last August. This year, the Red Sox, with high expectations, struggled at first. Now, they are playoff contenders, and Houck wouldn't mind adding to the fun. That includes rejoining the team before the season ended.
#playoff #healthy
1 day ago
Umios, the ******* anese seafood giant previously trading as Maruha Nichiro, has made another investment in Southeast Asia with a stake in Pataya Food Industries.
Tokyo-listed Umios is taking a 25.1% stake in Thailand's Pataya Food Industries (PFI), which was set up in 1979 and manufactures branded seafood and pet-food products, as well as acting as a B2B supplier in Asia.
Based in the capital Bangkok, PFI has a capitalisation of Bt280m ($8.4m), according to Umios, which did not disclose the target purchase price for the minority interest.
The transaction is being conducted through the Umios group firm Kingfisher Holdings.
Umios said in a statement the deal and "alliance" with PFI will "expand the group's portfolio of processed foods and other products, as well as its sales channels in Asia, advancing the local strategy set out in its long-term vision".
#pataya #industries #seafood #well
Tokyo-listed Umios is taking a 25.1% stake in Thailand's Pataya Food Industries (PFI), which was set up in 1979 and manufactures branded seafood and pet-food products, as well as acting as a B2B supplier in Asia.
Based in the capital Bangkok, PFI has a capitalisation of Bt280m ($8.4m), according to Umios, which did not disclose the target purchase price for the minority interest.
The transaction is being conducted through the Umios group firm Kingfisher Holdings.
Umios said in a statement the deal and "alliance" with PFI will "expand the group's portfolio of processed foods and other products, as well as its sales channels in Asia, advancing the local strategy set out in its long-term vision".
#pataya #industries #seafood #well
1 day ago
Catherine Zeta-Jones is not a fan of the label "nepo baby." In fact, she loathes it.
The Oscar-winning actress branded the term "horrific" in an interview with The Times of Britain, saying that her children Dylan, 26, and Carys, 23 – whom she shares with husband Michael Douglas – are working hard to carve out their own paths in the entertainment industry, despite having globally famous parents.
"It's hard for them to forge a way forward on their own," the 56-year-old told the newspaper, as she attempted to defend their respective acting careers, noting that they were both "plugging away."
"This horrific phrase 'nepo baby' is horrible because these kids didn't ask to be born into this, they're finding their own way in life," she said. Son Dylan is pursuing a career in acting, while daughter Carys is an aspiring director.
The buzzword "nepo baby" is short for nepotism, the practice of favoring friends and family members for job roles. The label has long sparked debate in Hollywood and beyond, with some angrily calling out the offspring of famous celebrities, claiming they have been handed their careers on a platter and that they are undeserving of fame and fortune.
#label #horrific #hard #acting
The Oscar-winning actress branded the term "horrific" in an interview with The Times of Britain, saying that her children Dylan, 26, and Carys, 23 – whom she shares with husband Michael Douglas – are working hard to carve out their own paths in the entertainment industry, despite having globally famous parents.
"It's hard for them to forge a way forward on their own," the 56-year-old told the newspaper, as she attempted to defend their respective acting careers, noting that they were both "plugging away."
"This horrific phrase 'nepo baby' is horrible because these kids didn't ask to be born into this, they're finding their own way in life," she said. Son Dylan is pursuing a career in acting, while daughter Carys is an aspiring director.
The buzzword "nepo baby" is short for nepotism, the practice of favoring friends and family members for job roles. The label has long sparked debate in Hollywood and beyond, with some angrily calling out the offspring of famous celebrities, claiming they have been handed their careers on a platter and that they are undeserving of fame and fortune.
#label #horrific #hard #acting
3 days ago
Coinbase (NASDAQ: COIN), one of the world's largest cryptocurrency exchanges, recently partnered with Moov, a payments infrastructure provider, to bring stablecoin payments and settlements to more than 1,000 U.S. community banks and credit unions. By integrating Coinbase's digital ******* et infrastructure into Moov's payments platform, the two companies will enable those financial institutions to accept stablecoins without building their own blockchains.
Let's see how this partnership could help Coinbase, why everyone is talking about stablecoins right now, and how the upcoming vote on the CLARITY Act could impact those plans.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Stablecoins are cryptocurrencies pegged to a stable fiat currency, such as the U.S. dollar or the euro, and can be held without a bank account. Their payments can be settled 24/7, enabling faster, cheaper money transfers than fiat currencies. They can be deposited in third-party lending platforms and liquidity pools to earn higher yields than traditional bank accounts.
Stablecoins can also allow people in countries with hyperinflation to preserve their savings without buying the underlying fiat currencies. They can also be used to accelerate cross-border transfers by acting as a "bridge currency" between the two fiat currencies.
#signal #Coinbase
Let's see how this partnership could help Coinbase, why everyone is talking about stablecoins right now, and how the upcoming vote on the CLARITY Act could impact those plans.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Stablecoins are cryptocurrencies pegged to a stable fiat currency, such as the U.S. dollar or the euro, and can be held without a bank account. Their payments can be settled 24/7, enabling faster, cheaper money transfers than fiat currencies. They can be deposited in third-party lending platforms and liquidity pools to earn higher yields than traditional bank accounts.
Stablecoins can also allow people in countries with hyperinflation to preserve their savings without buying the underlying fiat currencies. They can also be used to accelerate cross-border transfers by acting as a "bridge currency" between the two fiat currencies.
#signal #Coinbase
3 days ago
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Angel investor and All-In Podcast host Jason Calacanis warned that allowing Chinese electric vehicles into the U.S. could devastate domestic automakers even as their low prices attract consumers, reacting to Sen. Elissa Slotkin's (D-Mich.) claim that President Donald Trump could loosen barriers as part of a China deal.
"This would be the end of the US automotive industry — but consumers will love to buy these cars," Calacanis wrote in an X post on Wednesday. He added, "Everywhere I go, from the Middle East to Europe to Mexico, the streets and Uber fleets are filled with dirt-cheap Chinese EVs," calling such U.S. access "a disaster."
This would be the end of the US automotive industry — but consumers will love to buy these cars
But…. You'll probably die in one since they're not very safe
Everywhere I go, from the Middle East to Europe to Mexico, the streets and uber fleets are filled with dirt cheap… https://t.co/LGUwforT6a
— jason (Jason) September 10, 2026
#calacanis #chinese #Europe #uber
Angel investor and All-In Podcast host Jason Calacanis warned that allowing Chinese electric vehicles into the U.S. could devastate domestic automakers even as their low prices attract consumers, reacting to Sen. Elissa Slotkin's (D-Mich.) claim that President Donald Trump could loosen barriers as part of a China deal.
"This would be the end of the US automotive industry — but consumers will love to buy these cars," Calacanis wrote in an X post on Wednesday. He added, "Everywhere I go, from the Middle East to Europe to Mexico, the streets and Uber fleets are filled with dirt-cheap Chinese EVs," calling such U.S. access "a disaster."
This would be the end of the US automotive industry — but consumers will love to buy these cars
But…. You'll probably die in one since they're not very safe
Everywhere I go, from the Middle East to Europe to Mexico, the streets and uber fleets are filled with dirt cheap… https://t.co/LGUwforT6a
— jason (Jason) September 10, 2026
#calacanis #chinese #Europe #uber
3 days ago
The economy, inflation and how those forces could impact the lives of Americans were front and center over the past week. Trips to the grocery store and gas station are more painful than they were last year, and rising costs are impacting the decisions of both households and businesses.
Here's a snapshot of prominent economic data and news that occurred over the past week and what it potentially means for you.
U.S. inflation accelerated last month as gas prices spiked in the wake of renewed fighting in the Middle East, underscoring the affordability challenges that are top of mind for many voters as midterm elections near.
The Labor Department said Friday that the consumer price index rose 3.4% last month compared with a year ago, the same as in July. But on a monthly basis, inflation accelerated, as costs jumped 0.4% from July to August, up from an increase of just 0.1% the previous month.
The figures show that inflation remains stubbornly elevated, more than five years after prices first soared as the economy emerged from the COVID pandemic. Persistent inflation has presented a major challenge for the inflation-fighters at the Federal Reserve and has soured many voters on the Trump administration's economic management.
#year
Here's a snapshot of prominent economic data and news that occurred over the past week and what it potentially means for you.
U.S. inflation accelerated last month as gas prices spiked in the wake of renewed fighting in the Middle East, underscoring the affordability challenges that are top of mind for many voters as midterm elections near.
The Labor Department said Friday that the consumer price index rose 3.4% last month compared with a year ago, the same as in July. But on a monthly basis, inflation accelerated, as costs jumped 0.4% from July to August, up from an increase of just 0.1% the previous month.
The figures show that inflation remains stubbornly elevated, more than five years after prices first soared as the economy emerged from the COVID pandemic. Persistent inflation has presented a major challenge for the inflation-fighters at the Federal Reserve and has soured many voters on the Trump administration's economic management.
#year
3 days ago
Seth Green says he first started getting recognized between 1997 and 1999 after several major projects
He found the attention uncomfortable, as he values his anonymity and prefers staying out of the spotlight
Green says acting allows him to express himself fully, describing it as where he feels most like himself
Seth Green can pinpoint the exact moment in his career when he started getting recognized in public.
Joining Josh McBride for The McBride Rewind podcast, Green, 52, said he first started feeling the effects of fame in the late '90s.
#first #himself #josh
He found the attention uncomfortable, as he values his anonymity and prefers staying out of the spotlight
Green says acting allows him to express himself fully, describing it as where he feels most like himself
Seth Green can pinpoint the exact moment in his career when he started getting recognized in public.
Joining Josh McBride for The McBride Rewind podcast, Green, 52, said he first started feeling the effects of fame in the late '90s.
#first #himself #josh
3 days ago
Senator Ted Cruz sent a dire warning if Congress does not pass the Protect College Sports Act. In about five years, in Cruz's estimation, football and other sports will be in an unrecognizable state.
The biggest things for Cruz are the transfer rules and a hard out on eligibility for college athletes. You get one free transfer and five years of eligibility in total, which ends regardless of how many years used once you turn the age of 24. Keeping that in place, along with an even playing field when it comes to NIL, this is the best solution for football, basketball, wone's sports and other Olympic sports, per Cruz.
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"There are no rules, and the situation with the transfer portal, where kids go and transfer two, three, four, five times, it's terrible for the game. It's terrible for the players. It's terrible for the schools, and it's terrible for the families," Cruz said on College GameDay. "And so the reason Congress is acting is because Congress created this problem. It was the federal antitrust laws that were used to bring the lawsuits that struck down all the rules, and so the Protect College Sports Act is bipartisan legislation that's very simple.
"It brings order to chaos. It protects the students, protects the student's ability to be compensated to receive name, image, and likeness compensation, I think that's only fair. It's only right."
#sports #congress #transfer
The biggest things for Cruz are the transfer rules and a hard out on eligibility for college athletes. You get one free transfer and five years of eligibility in total, which ends regardless of how many years used once you turn the age of 24. Keeping that in place, along with an even playing field when it comes to NIL, this is the best solution for football, basketball, wone's sports and other Olympic sports, per Cruz.
$19.99 gets you a FULL year of On3 | Rivals national coverage
"There are no rules, and the situation with the transfer portal, where kids go and transfer two, three, four, five times, it's terrible for the game. It's terrible for the players. It's terrible for the schools, and it's terrible for the families," Cruz said on College GameDay. "And so the reason Congress is acting is because Congress created this problem. It was the federal antitrust laws that were used to bring the lawsuits that struck down all the rules, and so the Protect College Sports Act is bipartisan legislation that's very simple.
"It brings order to chaos. It protects the students, protects the student's ability to be compensated to receive name, image, and likeness compensation, I think that's only fair. It's only right."
#sports #congress #transfer
3 days ago
Sky Sports' Ted Kravitz gave a rare sneak inside the F1 drivers' briefing room in Madrid for the Spanish GP, as FIA lists changes to Madring circuit after the meet.
Like the earlier years of F1, footage from drivers' briefing was back online in 2017 season when Formula One Management allowed snippet to be posted on its Youtube channel with the late Charlie Whiting as the FIA race director. It was done for few rounds, starting in Monaco.
After its success, the footage was broadcasted in races like Malaysia, ****** an, Austin and Mexico. But it was discontinued from 2018 onward due to breach of sanctity of discussions that the F1 drivers think should be private between them and the FIA, its race director.
They wanted to speak with an open mind in the form and not let it out in public to create fan wars and unwarranted interpretations. Since then, no footage has been made available, although the discussions that takes place often gets around in the media, especially if there are some long discussions.
Even photographs are rare in current times, but Sky Sports reporter Ted Kravitz gave a rare sneak into the F1 drivers' briefing room in Madrid for the Spanish GP, during his Friday ****** ysis show. The few seconds captured old teammates seated together interacting with each other.
#drivers #footage #sports #spanish
Like the earlier years of F1, footage from drivers' briefing was back online in 2017 season when Formula One Management allowed snippet to be posted on its Youtube channel with the late Charlie Whiting as the FIA race director. It was done for few rounds, starting in Monaco.
After its success, the footage was broadcasted in races like Malaysia, ****** an, Austin and Mexico. But it was discontinued from 2018 onward due to breach of sanctity of discussions that the F1 drivers think should be private between them and the FIA, its race director.
They wanted to speak with an open mind in the form and not let it out in public to create fan wars and unwarranted interpretations. Since then, no footage has been made available, although the discussions that takes place often gets around in the media, especially if there are some long discussions.
Even photographs are rare in current times, but Sky Sports reporter Ted Kravitz gave a rare sneak into the F1 drivers' briefing room in Madrid for the Spanish GP, during his Friday ****** ysis show. The few seconds captured old teammates seated together interacting with each other.
#drivers #footage #sports #spanish
4 days ago
Our ****** ysts just identified a stock with the potential to be the next Nvidia. Tell us how you invest and we'll show you why it's our #1 pick. Tap here.
Management attributed record-breaking results to a 'stellar' market environment where geopolitical tensions, specifically the closure of the Strait of Hormuz, have significantly increased ton-mile dislocation.
The company is executing a massive $3.1 billion fleet renewal program involving 26 newbuildings, with management noting that these ****** ets have already appreciated by approximately 30% since contracting.
Strategic positioning focuses on a 'balanced' model, using fixed-rate charters to cover all-in break-even costs while utilizing spot and profit-sharing contracts to capture market upside.
Management highlighted an unprecedented appetite from major oil companies, who are now seeking long-term charters of up to 7 years for vessels aged 10 years or younger.
#management #years #hormuz
Management attributed record-breaking results to a 'stellar' market environment where geopolitical tensions, specifically the closure of the Strait of Hormuz, have significantly increased ton-mile dislocation.
The company is executing a massive $3.1 billion fleet renewal program involving 26 newbuildings, with management noting that these ****** ets have already appreciated by approximately 30% since contracting.
Strategic positioning focuses on a 'balanced' model, using fixed-rate charters to cover all-in break-even costs while utilizing spot and profit-sharing contracts to capture market upside.
Management highlighted an unprecedented appetite from major oil companies, who are now seeking long-term charters of up to 7 years for vessels aged 10 years or younger.
#management #years #hormuz
4 days ago
Ella Beatty opened up about growing up in the "most loving" family, which happened to have three of Hollywood's biggest stars
Ella followed in the footsteps of her parents, Warren Beatty and Annette Bening, when she decided to become an actor
Fans in the comments remarked how similar Ella looks to Warren's older sister Shirley MacLaine
Ella Beatty is reflecting on her famous family — and some fans can't believe her resemblance to her famous aunt.
Ella, 26, opened up about her family in a Sept. 10 interview with Extra. She is the daughter of legendary actors Annette Bening and Warren Beatty. Warren, 89, followed in the footsteps of his older sister, Shirley MacLaine (who adapted her mother's maiden name for her stage name), when he got into acting. MacLaine, now 92, appeared on Broadway in the early 1950s as Warren was studying in New York City at the Stella Adler Studio of Acting.
#ella #annette
Ella followed in the footsteps of her parents, Warren Beatty and Annette Bening, when she decided to become an actor
Fans in the comments remarked how similar Ella looks to Warren's older sister Shirley MacLaine
Ella Beatty is reflecting on her famous family — and some fans can't believe her resemblance to her famous aunt.
Ella, 26, opened up about her family in a Sept. 10 interview with Extra. She is the daughter of legendary actors Annette Bening and Warren Beatty. Warren, 89, followed in the footsteps of his older sister, Shirley MacLaine (who adapted her mother's maiden name for her stage name), when he got into acting. MacLaine, now 92, appeared on Broadway in the early 1950s as Warren was studying in New York City at the Stella Adler Studio of Acting.
#ella #annette
4 days ago
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Credit: Warner Bros.
Sandra Bullock has been taking a break from acting in recent years, but she's back to promote her movie on the 2026 release schedule, Practical Magic 2. And wow, am I realizing how much I missed her. Exhibit A: Her hilariously relatable rant about chin hairs.
Man, did I forget how real the actress can be, and then the Practical Magic 2 press tour came along. Bullock is just one of those celebrities that I want to be best friends with. As if I didn't already love her for calling herself "Zendaya's shoe polisher", just check out Sandra Bullock's thoughts on the topic of chin hairs:
This is a very important subject. My sister and I have an agreement. Should any of us be in a coma, the other one has to come to the hospital and always pluck the chin hair. Do you know what I mean? You're on it all the time, you're like, 'Oh, I got this thing.' But, you're still alive and awake. When that's no longer available what's going to grow without permission? Get the sister. That's why sisterhood is important.
#sister
Credit: Warner Bros.
Sandra Bullock has been taking a break from acting in recent years, but she's back to promote her movie on the 2026 release schedule, Practical Magic 2. And wow, am I realizing how much I missed her. Exhibit A: Her hilariously relatable rant about chin hairs.
Man, did I forget how real the actress can be, and then the Practical Magic 2 press tour came along. Bullock is just one of those celebrities that I want to be best friends with. As if I didn't already love her for calling herself "Zendaya's shoe polisher", just check out Sandra Bullock's thoughts on the topic of chin hairs:
This is a very important subject. My sister and I have an agreement. Should any of us be in a coma, the other one has to come to the hospital and always pluck the chin hair. Do you know what I mean? You're on it all the time, you're like, 'Oh, I got this thing.' But, you're still alive and awake. When that's no longer available what's going to grow without permission? Get the sister. That's why sisterhood is important.
#sister
4 days ago
Cindy Crawford reflected on her short-lived acting career at the Forbes Power Women's Summit 2026, telling Moira Forbes that she can "shut that road"
The supermodel had a handful of roles in the 1990s, including the 1995 film Fair Game and 1998's 54
Crawford's daughter, Kaia Gerber, is just getting started in her own acting career
Cindy Crawford is reflecting on her short-lived acting career.
At the Forbes Power Women's Summit 2026 on Thursday, Sept. 10, in New York City, the supermodel, 60, opened up to Moira Forbes about some of her career moves that didn't pan out.
#acting
The supermodel had a handful of roles in the 1990s, including the 1995 film Fair Game and 1998's 54
Crawford's daughter, Kaia Gerber, is just getting started in her own acting career
Cindy Crawford is reflecting on her short-lived acting career.
At the Forbes Power Women's Summit 2026 on Thursday, Sept. 10, in New York City, the supermodel, 60, opened up to Moira Forbes about some of her career moves that didn't pan out.
#acting
4 days ago
Apple Martin grew up surrounded by Hollywood royalty with mom Gwyneth Paltrow, dad Chris Martin, and grandmother Blythe Danner. But when it comes to her love life, her mother reportedly wanted something very different for her.
The 22-year-old aspiring actress, who is making her acting debut in Nancy Meyers' upcoming film Paris Paramount, has been dating fellow Vanderbilt University grad Moshe Levi for over a year. He's from a "good family that wants to make a difference in the world," according to a Paltrow insider, per the Daily Mail. Besides the young couple's relationship being described as "cute" and "passionate," Levi also has the parent stamp of approval.
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"Moshe has studied business, and he is going into philanthropy, so there is nothing Hollywood about him; he doesn't even live in Los Angeles," the source continued. "He lives in New York City and hangs out in the Hamptons."
#hollywood #moshe #levi #year
The 22-year-old aspiring actress, who is making her acting debut in Nancy Meyers' upcoming film Paris Paramount, has been dating fellow Vanderbilt University grad Moshe Levi for over a year. He's from a "good family that wants to make a difference in the world," according to a Paltrow insider, per the Daily Mail. Besides the young couple's relationship being described as "cute" and "passionate," Levi also has the parent stamp of approval.
More from SheKnows
The Strict Rules Prince George Will Follow At Eton College
"Moshe has studied business, and he is going into philanthropy, so there is nothing Hollywood about him; he doesn't even live in Los Angeles," the source continued. "He lives in New York City and hangs out in the Hamptons."
#hollywood #moshe #levi #year
5 days ago
Let's just get this out of the way: Mark Wahlberg is as A-list as it gets. He broke out in 1997's "Boogie Nights," and in the nearly three decades since, he's built one of the highest-wattage careers in Hollywood: two Academy Award nominations, a Golden Globe nod for "The Fighter," multiple Emmy nominations as a producer (HBO's "Entourage" among them), and a filmography that spans crime dramas, comedies, and action blockbusters. Right now, he's back on screen in "By Any Means," a manhunt thriller set during the 1966 Mississippi civil rights killings.
He's also signaling where he's increasingly turning his attention. Wahlberg will sit down with Bruce K. Lee, Founder and CEO of Keebeck Wealth Management, on the main stage at TechCrunch Disrupt 2026 to talk about his own progression. Grab your ticket here so you don't miss a moment of this session and Disrupt 2026. Ticket prices increase on September 25.
Image Credits:TechCrunch
His acting career is really just part of the picture. Over the past two decades, Wahlberg has built a production company, a restaurant chain, apparel and fitness ventures, a slate of angel investments, and the now 25-year-old Mark Wahlberg Youth Foundation, which supports inner-city kids and teens. He's used his Hollywood success to launch big projects well outside the movie business — and in a fireside chat at this year's Disrupt, he's going to give us a peek into how.
Wahlberg, who's leaned almost entirely on entrepreneurial instinct about people, culture, products, and markets, is now someone who's been building institutional-level investing discipline, with Lee as his guide, and with a growing focus on healthcare and wellness startups. It's a rare, unvarnished look at how someone with Wahlberg's cultural intelligence has worked his way into some of the most sophisticated rooms in business and finance.
#techcrunch #ticket #decades #nominations
He's also signaling where he's increasingly turning his attention. Wahlberg will sit down with Bruce K. Lee, Founder and CEO of Keebeck Wealth Management, on the main stage at TechCrunch Disrupt 2026 to talk about his own progression. Grab your ticket here so you don't miss a moment of this session and Disrupt 2026. Ticket prices increase on September 25.
Image Credits:TechCrunch
His acting career is really just part of the picture. Over the past two decades, Wahlberg has built a production company, a restaurant chain, apparel and fitness ventures, a slate of angel investments, and the now 25-year-old Mark Wahlberg Youth Foundation, which supports inner-city kids and teens. He's used his Hollywood success to launch big projects well outside the movie business — and in a fireside chat at this year's Disrupt, he's going to give us a peek into how.
Wahlberg, who's leaned almost entirely on entrepreneurial instinct about people, culture, products, and markets, is now someone who's been building institutional-level investing discipline, with Lee as his guide, and with a growing focus on healthcare and wellness startups. It's a rare, unvarnished look at how someone with Wahlberg's cultural intelligence has worked his way into some of the most sophisticated rooms in business and finance.
#techcrunch #ticket #decades #nominations
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5 days ago
Falcons news: Bijan Robinson's text he's received from Matthew McConaughey is heartwarming appeared first on ClutchPoints. Add ClutchPoints as a Preferred Source by clicking here.
The Atlanta Falcons will be opening their season against the Pittsburgh Steelers, and the hope is that their offense can take things to another level. That will depend on a lot of things, but one of the main factors will be Bijan Robinson, who has put himself in the conversation for the best running back in the league.
Outside of shaking and baking opposing defenders, Robinson also has a love for acting, and he's brought up numerous times that he has a friendship with Matthew McConaughey. When Robinson signed his latest extension, he mentioned that McConaughey was one of the people who reached out to congratulate him.
Since people know that, Kay Adams asked Robinson on her show what the most random text he's received from the actor was.
Watch sports LIVE with fuboTV (free trial)
#robinson #bijan
The Atlanta Falcons will be opening their season against the Pittsburgh Steelers, and the hope is that their offense can take things to another level. That will depend on a lot of things, but one of the main factors will be Bijan Robinson, who has put himself in the conversation for the best running back in the league.
Outside of shaking and baking opposing defenders, Robinson also has a love for acting, and he's brought up numerous times that he has a friendship with Matthew McConaughey. When Robinson signed his latest extension, he mentioned that McConaughey was one of the people who reached out to congratulate him.
Since people know that, Kay Adams asked Robinson on her show what the most random text he's received from the actor was.
Watch sports LIVE with fuboTV (free trial)
#robinson #bijan
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5 days ago
Prince Harry is making plenty of changes.
After the Duke of Sussex moved back to the U.K. with wife Meghan Markle and their two children, a source told journalist Rob Shuter for a Thursday, September 10, report on his Naughty But Nice Substack that Harry is in need of "action."
"The goal is simple: make Harry the Tom Cruise of princes," the source said.
It shouldn't come as a surprise, given that the 41-year-old's wife is apparently looking to get back to acting. Rumors began swirling that the former Suits star, 45, was in talks to join Guy Ritchie's Netflix show, The Gentlemen, which films in England (though star Theo James seemed to squash the chatter).
Mega
#wife #sussex
After the Duke of Sussex moved back to the U.K. with wife Meghan Markle and their two children, a source told journalist Rob Shuter for a Thursday, September 10, report on his Naughty But Nice Substack that Harry is in need of "action."
"The goal is simple: make Harry the Tom Cruise of princes," the source said.
It shouldn't come as a surprise, given that the 41-year-old's wife is apparently looking to get back to acting. Rumors began swirling that the former Suits star, 45, was in talks to join Guy Ritchie's Netflix show, The Gentlemen, which films in England (though star Theo James seemed to squash the chatter).
Mega
#wife #sussex
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5 days ago
It's a family affair!
Zac Efron and Dylan Efron have never been shy to show off their ripped bodies whenever they go on vacation together and their recent boat getaway is certainly no exception.
In a new Instagram carousel posted by Dylan Efron, the handsome reality star poses shirtless next to his older brother as they take in the views on the water. Although Zac Efron might not be wearing his signature Baywatch Speedo while on the family vacay, the duo looks like they're having the time of their lives as summer comes to a close.
Throughout the post, fans can also see Dylan Efron golfing, spending time with his dog, and even ordering food in a drive-through at In-N-Out. The brothers definitely deserve some relaxation time as Dylan Efron had his breakout year in 2025 after winning season 3 of The Traitors and making it all the way to the finals on season 34 of Dancing with the Stars.
Zac Efron, on the other hand, has quite a busy schedule with quite a few acting gigs lined up for the future. He's going to star in and executive produce a highly anticipated Angel Heart series, which is slated to drop next year or in 2028. In terms of movies, the actor will star in the psychological thriller Famous and the comedy film Judgment Day, with both scheduled to drop later this year.
#star #quite #drop
Zac Efron and Dylan Efron have never been shy to show off their ripped bodies whenever they go on vacation together and their recent boat getaway is certainly no exception.
In a new Instagram carousel posted by Dylan Efron, the handsome reality star poses shirtless next to his older brother as they take in the views on the water. Although Zac Efron might not be wearing his signature Baywatch Speedo while on the family vacay, the duo looks like they're having the time of their lives as summer comes to a close.
Throughout the post, fans can also see Dylan Efron golfing, spending time with his dog, and even ordering food in a drive-through at In-N-Out. The brothers definitely deserve some relaxation time as Dylan Efron had his breakout year in 2025 after winning season 3 of The Traitors and making it all the way to the finals on season 34 of Dancing with the Stars.
Zac Efron, on the other hand, has quite a busy schedule with quite a few acting gigs lined up for the future. He's going to star in and executive produce a highly anticipated Angel Heart series, which is slated to drop next year or in 2028. In terms of movies, the actor will star in the psychological thriller Famous and the comedy film Judgment Day, with both scheduled to drop later this year.
#star #quite #drop
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7 days ago
Cash App segment is becoming a major driver of the growth story for Block Inc. (NYSE:XYZ) in 2026, as the underlying lending operations within the segment standout as key determinants of management's outlook for the remainder of the year. Recent initiatives around the company's proprietary credit signal support the narrative and broaden the company's lending reach. For the first time, Block will open its Cash App Score for external lenders by collaborating with Nova Credit's Cash Flow Intelligence Platform.
Photo by Clay Banks on Unsplash
Cash App Score was previously limited to internal use by the company for its consumer lending offerings such as the Cash App Borrow. This latest development could pave way for the monetization of company's data infrastructure, resulting in an additional revenue source.
During the second quarter, Block exceeded its prior guidance, reporting $3.17 billion in gross profit and $864 million in adjusted operating income. Revenue reached $6.62 billion, up 9.3% year over year. Gross profit expanded by 25% relative to the same period last year, and the company posted record 27% adjusted operating margins. Adjusted EPS clocked in at $1.02, exhibiting year-over-year growth of 65%.
Block's impressive second quarter print was driven by strong consumer spending, along with Cash App gross profit expansion of 31% year-over-year increase. This can be attributed to significant expansion in consumer lending, driven by Cash App Borrow. Block said Financial Solutions gross profit growth was driven primarily by Cash App Borrow. It reflects favorably on broader user engagement, who are utilizing Cash App for short-term credit financing instead of just a savings or payment mechanism. Despite a nominal 3% growth in monthly transacting actives, volumetric growth within Cash App was impressive. There was a 59% year-over-year jump in Cash App Consumer Lending origination volume, and 17% increase in Cash App Commerce Enablement volume.
#cash #Consumer
Photo by Clay Banks on Unsplash
Cash App Score was previously limited to internal use by the company for its consumer lending offerings such as the Cash App Borrow. This latest development could pave way for the monetization of company's data infrastructure, resulting in an additional revenue source.
During the second quarter, Block exceeded its prior guidance, reporting $3.17 billion in gross profit and $864 million in adjusted operating income. Revenue reached $6.62 billion, up 9.3% year over year. Gross profit expanded by 25% relative to the same period last year, and the company posted record 27% adjusted operating margins. Adjusted EPS clocked in at $1.02, exhibiting year-over-year growth of 65%.
Block's impressive second quarter print was driven by strong consumer spending, along with Cash App gross profit expansion of 31% year-over-year increase. This can be attributed to significant expansion in consumer lending, driven by Cash App Borrow. Block said Financial Solutions gross profit growth was driven primarily by Cash App Borrow. It reflects favorably on broader user engagement, who are utilizing Cash App for short-term credit financing instead of just a savings or payment mechanism. Despite a nominal 3% growth in monthly transacting actives, volumetric growth within Cash App was impressive. There was a 59% year-over-year jump in Cash App Consumer Lending origination volume, and 17% increase in Cash App Commerce Enablement volume.
#cash #Consumer
7 days ago
A TikTok video that criticized mission trips as white saviorism brought attention to a controversy surrounding short-term volunteering trips and religious involvement in humanitarian work.
The video, "Mission trips are useless vacations, NOT activism," was posted by Kylie Brewer.
In her caption, Brewer wrote: "Donate that money to commükities that need itent and stop acting like you're a great person just for going to Africa."
In the video, Brewer called out a mission trip that combined music and photos of children.
"Song is so funny that you chose because it's 'willing and able,' but then you're showing a bunch of pictures of very healthy-looking, happy, smiling children," Brewer said. "The only difference between them and you is the fact that they have melanin and are black, and you are white. So the fact that you're like, 'oh, hashtag mission trip, I love helping everyone!' And all the comments are saying, 'oh my god, you're such a great person,' really shows how much this practice is rooted in white saviorism."
#saviorism #like #great
The video, "Mission trips are useless vacations, NOT activism," was posted by Kylie Brewer.
In her caption, Brewer wrote: "Donate that money to commükities that need itent and stop acting like you're a great person just for going to Africa."
In the video, Brewer called out a mission trip that combined music and photos of children.
"Song is so funny that you chose because it's 'willing and able,' but then you're showing a bunch of pictures of very healthy-looking, happy, smiling children," Brewer said. "The only difference between them and you is the fact that they have melanin and are black, and you are white. So the fact that you're like, 'oh, hashtag mission trip, I love helping everyone!' And all the comments are saying, 'oh my god, you're such a great person,' really shows how much this practice is rooted in white saviorism."
#saviorism #like #great
