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CRYPTO
Modern Treasury seeks US trust bank charter for digital asset custody
The payments infrastructure company is seeking federal approval to offer stablecoin custody and related fiat services through a limited-purpose national trust bank. Source link
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FINANCE
Lockheed Martin (LMT) Is Spending Ahead on JATM. Will a Multiyear Contract Follow?
Lockheed Martin Corporation (NYSE:LMT) signed a framework agreement with the U.S. Department of War on September 17 to accelerate production of the AIM-260 Joint Advanced Tactical Missile (JATM). The weapon is described as the most sophisticated U.S. air-to-air system and a direct response to China’s air threat. The agreement provides a long-term demand signal and suggests strong institutional confidence in…
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ECONOMY
Insured, but Still on the Hook: Who Bears the Most Risk in Homeowner’s Insurance?
Hyeyoon Jung and Jaehoon (Kyle) Jung In an April post, using millions of homeowners’ insurance contracts matched with property-level exposure and disaster risk, we showed that although households are insured, they are still “on the hook” because deductibles and coverage limits leave homeowners responsible for part of a loss. Because insurers cannot perfectly observe how well homeowners maintain or protect…
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MARKET
‘The pain was excruciating’: A friend in her 80s fell down her basement stairs. Could it have been avoided?
“She developed pleural effusion — fluid between the lungs and ribs — compressing her lungs and making it hard for her to breathe.” Source link
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MONEY
14 Money-Saving Tips for College Students
College is an exciting time, but it can also be very expensive. Between tuition, textbooks, housing, food, transportation, and having fun with friends, it may feel like your money disappears as soon as you get it. I worked throughout college and looked for ways to save money wherever I could. I bought used textbooks, lived with roommates, followed a budget,…
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SOCIAL MEDIA
Influencer marketing has an AI trust problem
Great influencers use their personal taste, experiences or expertise to inspire trust, which is why they have historically been so valuable to brands. But in the age of hyperrealistic generative AI, that exchange of credibility is under threat. Meltwater and YouGov’s research shows just 28% of consumers consider generative AI acceptable in influencer marketing. By comparison, 47% accepted its use in…
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GADGET
Wikimedia Links OpenAI Agents To An Outage And Unauthorized Activity
OpenAI agents have been running amok online, and it seems the Wikimedia Foundation has been affected too. The foundation says it detected unauthorized activity from OpenAI agents on its platforms, including edits to some wikis and failed attempts to compromise a note-taking tool. It reiterated that bots have been crawling data from its platforms en masse, while agents that appear…
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MOBILE
Google Pixel 12 series screen resolutions are out and they paint an interesting picture
Although Google only launched the Pixel 11, Pixel 11 Pro, Pixel 11 Pro XL, and Pixel 11 Pro Fold in August, we already have a first leak about their successors. The Pixel 12 devices have apparently been spotted in the GSM Association’s database, and there’s an interesting detail about them that’s been outed – though we’re not sure exactly how,…
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SCIENCE
United Arab Emirates to launch spacecraft to probe seven asteroids in 2028
The United Arab Emirates (UAE) is expanding its space footprint with plans to launch a probe to the further reaches of the solar system. The MBR Explorer, which is set to launch in March 2028, will visit seven different asteroids in the main asteroid belt, which lies between Mars and Jupiter. The spacecraft, which is designed to be fully autonomous,…
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CELEBRITY
Michael Douglas Broke Up With 5 Women for Catherine Zeta-Jones Relationship
Michael Douglas changed completely for Catherine Zeta-Jones. In the Fatal Attraction star’s new memoir One Helluva Ride, out Oct. 6, he owned up to his past playboy behavior, admitting he had to end relationships with five women when his romance with The Mask of Zorro actress in the late 1990s became official. “From the moment I met Catherine and we formed a family,” Douglas wrote in the memoir, per The Los Angeles…
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