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Something both sides agree on: A bill to prevent late-stage cancer

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One million Medicare beneficiaries will be diagnosed with cancer this year.

600,000 people in the U.S. will die of cancer this year.

Cancer is a leading cause of death worldwide, affecting millions of families each year. Evidence consistently shows that early detection significantly improves treatment outcomes, reduces costs and saves lives. Investing in early detection is a critical and cost-effective public health strategy.

Despite this, our healthcare system is still struggling to keep up.

Many Americans, especially those living on fixed incomes, in rural communities or facing already limited access to healthcare, are being diagnosed at later stages of cancer, when outcomes are poorer and treatment much more expensive. 

And for too many, the diagnosis arrives not just as a health crisis, but as a financial one. I have worked with too many families who find themselves facing impossible choices — buy groceries for the week or cover their cancer treatments.

Against this backdrop, Congress has a rare and urgent opportunity to act.

Last year, members of the House Committee on Ways and Means shared deeply personal stories of how cancer has touched their lives as they reviewed and unanimously supported the Nancy Gardner Sewell Medicare Multi-Cancer Early Detection Screening Coverage Act

So, it should come as no surprise that the act is the first and only health care bill to garner majority support in both the House and Senate. That level of bipartisan consensus is almost unheard of. But the job isn’t finished until this bill becomes law.

My organization, the Cancer Support Community, and other nonprofits have seen where the system fails patients. Rural communities, in particular, face significant disparities in access to timely screening and care. 

Our data shows that longer travel times to treatment often result in later-stage diagnoses and lower quality of life. Catching cancer early can prevent this, offering patients the opportunity to receive less aggressive (and less expensive) treatment, and most importantly, more time with loved ones.

Yet many cancers still lack reliable screening tools. Expanding investment in early detection is not only a medical imperative, it’s an economic one. 

The earlier cancer is found, the less it costs to treat and the better the chances of survival. One estimate suggests that the preventative cancer screenings we do have saved the U.S. a cumulative $6.5 trillion over the last 25 years.

The Nancy Gardner Sewell Act would modernize Medicare to allow for coverage of cutting-edge screening technologies that can detect dozens of cancers through a simple blood test.

This policy would mark a turning point in the fight against cancer, particularly for older adults who face the highest risk and are often diagnosed in later stages.

The support is overwhelming. More than 550 organizations representing cancer patients, providers, researchers and advocates have urged lawmakers to seize this moment. Congress has already thoroughly vetted this bill and cleared it for passage. 

When lawmakers return from their summer break, there will be no better time to get this bill over the finish line.

Everything is ready to go. The support is there. Now is the time for passage.

Daneen Sekoni is the vice president of Policy and Advocacy at the Cancer Support Community.

Foxconn to sell former car factory in Ohio for $375m

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Taiwan’s Foxconn has finalised a deal to sell a former car factory in Lordstown, Ohio, for $375m, which includes the facility’s machinery, according to a report by Reuters.

Despite the sale, Foxconn plans to continue operations at the site, focusing on a broader range of products that align with its strategic priorities.

The company, known for manufacturing data centre products for Nvidia and assembling iPhones for Apple, did not specify the exact products to be produced at the plant.

However, it noted that its cloud and networking product business has experienced “significant growth.”

A source familiar with the situation informed Reuters that the Ohio facility is expected to support artificial intelligence (AI) data centres.

The site spans over six million square feet, making it six times larger than a plant Foxconn is currently constructing in Houston for the production of Nvidia’s GB300 AI servers.

Foxconn acquired the Lordstown plant, previously a General Motors small-car factory, in 2022 for $230m from the now-bankrupt US electric vehicle startup Lordstown Motors Corp, as part of its strategy to expand into the electric vehicle sector.

In 2022, the company began pre-production at the Lordstown Motors plant and had initially invested in the facility to produce electric pickup trucks in collaboration with Lordstown.

However, the partnership deteriorated, leading to Lordstown Motors’ bankruptcy and subsequent legal action against Foxconn.

In its announcement, Foxconn stated that it sold the factory to an “existing business partner,” but did not provide additional information.

The company reaffirmed its commitment to automotive customers in the US, indicating its capability to quickly scale up automotive production to meet demand when necessary.

Foxconn’s recent activities reflect its ongoing expansion beyond its traditional role as an iPhone assembler.

Last week, the company announced a strategic partnership with industrial motor manufacturer TECO Electric & Machinery to develop data centres.

In June 2025, Elektrobit signed a joint development agreement with Foxconn to create EV.OS, a new AI-centric software platform intended to support software-defined electric vehicles.

“Foxconn to sell former car factory in Ohio for $375m” was originally created and published by Just Auto, a GlobalData owned brand.

 


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The Hundred 2025 results: Grace Harris blitz sets London Spirit on way to win over Oval Invincibles

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Harris came in 28 balls into the innings with Spirit 40-2 and Griffith having already showing plenty of positive intent.

The 31-year-old, back with Spirit after a previous stint in 2023, soon joined in – clubbing Australia team-mate Amanda-Jade Wellington for six fourth ball.

She continued to attack Wellington but that almost proved her downfall as she offered a chance at long-off on 22 but the catch went down – an error duly punished by Harris.

The half-century came up from 28 balls – Spirit’s second quickest in The Hundred – and while Griffith fell the ball after matching that feat, Harris powered on.

Back-to-back sixes off Sophia Smale followed and Tash Farrant – who claimed two wickets on her return to the franchise tournament after injury ruled her out of the past three editions – received the same treatment.

Invincibles managed to keep her off strike late in the innings to deny Harris the chance of a century but her six sixes equalled the competition record for an individual innings and took Spirit to a formidable total.

For much of the chase it looked as though Spirit would defend the runs with ease but a magnificent knock from Lanning, assisted by Kapp, kept it interesting.

Even after Issy Wong bowled Kapp with a fine yorker, Lanning kept going and hit a series of towering sixes over the leg side.

But with seven balls remaining, the 33-year-old fell attempting to add her sixth maximum – England’s Wong again with the crucial wicket – and Spirit could breathe that bit easier as they saw out the game.

Trump administration allows six more states to bar SNAP benefits for processed food

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The Trump administration on Monday approved six additional states seeking to ban food stamp recipients from purchasing processed food. 

Colorado, Louisiana, Oklahoma, West Virginia, Texas and Florida received federal waivers to adjust Supplemental Nutrition Assistance Program (SNAP) guidelines outlawing the purchase of junk food with state funds in 2026. 

Colorado was the first blue state to adopt the measure. 

“SNAP is a supplemental nutrition program meant to provide health food benefits to low-income families to supplement their grocery budget so they can afford the nutritious food essential to health and well-being,” Agriculture Secretary Brooke Rollins said Monday before signing the waivers.

“That is the stated purpose of the SNAP program, the law states it and President Trump’s USDA plans to deliver on it,” she added.

Rollins approved the effort in May after Nebraska received the first federal waiver to ban soda and energy drinks from food stamps purchases.

Health and Human Services Secretary Robert F. Kennedy Jr. has lauded the measure as a part of his “Make America Healthy Again” campaign. 

“U.S. taxpayers should not be paying to feed kids foods, the poorest kids in our country, with foods that are going to give them diabetes. And then my agency ends up, through Medicaid and Medicare, paying for those injuries,” Kennedy said on Monday.

“We’re going to put an end to that, and we’re doing it step by step, state by state,” he added. 

Researchers have long argued that SNAP restrictions are unlikely to change eating patterns, and that it will be costly for the federal government to track 650,000 food and beverage products on the market and 20,000 new products introduced annually, according to economic policy researcher Diane Whitmore Schanzenbach’s 2017 testimony before the House Committee on Agriculture.

However, Trump administration officials have lauded the effort.

“I hope to see all 50 states join this bold commonsense approach. For too long, the root causes of our chronic disease epidemic have been addressed with lip service only,” said the U.S. Food and Drug Commissioner Marty Makary, according to NBC News.

Want to buy a house with crypto? Here’s what to expect.

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So, you put a little mad money into bitcoin a few years ago. Now, your crypto-fueled profit means you have a sweet nest egg to put toward a house.

But can you buy a house with crypto rather than using cash or a traditional mortgage loan? What are the roadblocks? And what about taxes?

Read more: What is a mortgage, and how does it work?

President Trump wants the United States to be “the crypto capital of the world.” In that spirit, in late June, Director of the Federal Housing Finance Agency (FHFA) William J. Pulte ordered Fannie Mae and Freddie Mac to “prepare their businesses to count cryptocurrency as an asset for a mortgage.”

The FHFA supervises Fannie Mae and Freddie Mac, the government-sponsored companies that fund a major portion of the mortgage industry.

Pulte said the housing system “needs a massive upgrade,” adding, “I want people who own cryptocurrency to be able to buy homes like everyone else. I believe cryptocurrency is an asset. I believe Americans should be able to use their crypto if they want to. It’s time the housing system caught up.”

This signals what could be a fundamental change to how cryptocurrency may be used to qualify for a mortgage.

Until now, crypto owners have been commonly advised to cash out digital currency holdings and convert them into dollars to use as assets that can be considered on a financial statement or as reserves for an applicant’s home loan.

Fervent crypto collectors are not likely to do that, believing there is too much future upside to sell now.

Learn more: Trump has called for a strategic bitcoin reserve. Here’s how it would work.

Most crypto assets continue to have one strength, which can also be their crucial weakness: volatility.

Investors thrive on “buying the dips” when crypto prices dive, but a similar sudden drop in value when crypto is used as part of a net worth statement could be troubling — even worse if crypto becomes a financial foundation for a mortgage.

Imagine you deposit some crypto for your down payment and sign the buy-sell agreement. Days later, the crypto value crashes. As a result, you’ll need a sizable additional deposit to keep the purchase valid.

That’s a call that’s going to be hard to answer.

Keep reading: The average down payment on a house

While the FHFA aims to introduce crypto into mortgage transactions as a legitimate asset, the reality may be something less. The point made above regarding volatility is an example.

However, the crypto solution may be stablecoins. Designed to maintain a steady value, stablecoins weren’t created to be an appreciating asset. That folds neatly into the mortgage loan process.

However, this means buying a house with crypto may still require converting a volatile cryptocurrency into stablecoins — which would not appeal to most crypto investors’ long-term hold mentality.

>> Sign up for the Mind Your Money newsletter for weekly tips and insights

There has been some movement on crypto mortgages, yet they’re still scarce. The idea is to allow a home loan to be issued using digital currencies such as bitcoin or ethereum as collateral without liquidating the position. Players in the space include lenders named Milo, Arch Lending, Figure, and Ledn, though loan availability varies by location.

Buyers would deposit an amount of crypto equal to the property’s sales price — or sometimes twice the value, or more — for an interest-only mortgage loan.

Again, crypto volatility plays an important role in the viability of such a loan.

Dig deeper: How to invest in real estate

Beyond the transfer of cryptocurrency assets, blockchain-based legal agreements called “smart contracts” might speed up the real estate purchase process.

The blockchain is a digital record of transactions accessible anywhere, so embedding such smart contracts on the “distributed ledger” can track when contingencies are completed, funds are transferred, and contracts are signed.

While that has nothing to do with buying a house with crypto, it may be the first hurdle to clear in adopting the framework of all crypto, the blockchain, into the real estate transaction space.

Capital gains taxes may be another reason “hodlers” (a colloquial term based on a typo for long-term holders of bitcoin) may not be quick to sell their crypto to buy a house.

The Internal Revenue Service will take a big chunk of the profits of any crypto sale in capital gains taxes.

We haven’t been able to confirm the published claims of any homes bought with cryptocurrencies. However, if current listings are any clue, it’s likely that they weren’t ranch-style 3/2s with a carport and a fenced backyard in modest neighborhoods. Crypto Emporium recently listed homes for bitcoin sale that included a modern estate in Mexico and an eight-bedroom manor in Norway. Both are offered for around 290 bitcoin, which is currently worth a little more than $33 million.

Oh, yes. If you sell the bitcoin to buy the house, the IRS says you’ll owe capital gains taxes. However, if you were to put bitcoin up as collateral for an interest-only crypto mortgage, you wouldn’t have to sell your holdings, so no tax would be due.

You can use bitcoin, ethereum, litecoin, dogecoin, and other cryptocurrencies to buy real estate, merchandise, gift cards, travel packages, and hundreds of other items. Third-party providers such as BitPay enable the transactions, though some companies accept crypto payments directly.

Laura Grace Tarpley edited this article.

Neil Woodford and company fined nearly £46m over failures

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Karen Hoggan

Business reporter, BBC News

PA Neil Woodford, dressed in black jumper, looks at camera in head and shoulders shot. PA

Former star fund manager Neil Woodford and his investment firm have been fined a total of almost £46m by the financial watchdog.

Some 300,000 people lost out when Woodford Equity Income Fund collapsed in 2019 after investors tried to withdraw money faster than the fund could pay out.

The Financial Conduct Authority (FCA) has provisionally fined Mr Woodford nearly £6m and banned him from holding senior manager roles and managing funds for non-professional investors. It has fined his fund, Woodford Investment Management (WIM), £40m.

WIM said it “strongly” disagreed with the FCA’s decision to take action and it intended to appeal, meaning that all the FCA’s findings are still provisional.

Once a high-flying city fund manager, Mr Woodford was variously described as the man who made middle England rich and the UK’s answer to Warren Buffet.

He made his name at the fund management giant Invesco Perpetual, before leaving in 2013 to set up his own company.

He was as close to a household name as is possible in the world of investing and people piled into his flagship UK Equity Income Fund. At its peak, it had £10bn of people’s money in it.

The Woodford Equity Income Fund (WEIF) was managed by Mr Woodford and WIM, but was suspended in June 2019 meaning investors, most of whom were ordinary retail investors, were unable to get hold of their money.

The fund had fallen in value from a high of £10.1bn in May 2017 to £3.6bn in the run-up to its suspension.

The FCA said between July 2018 and June 2019 WIM and Mr Woodford made “unreasonable and inappropriate investment decisions”.

The watchdog said they had sold off liquid investments, which were easier to sell, and bought ones that were harder to sell.

As a result, at the time the company was suspended only 8% of the investments could be sold within seven days – investors should have been able to get their money within four days.

According to the FCA, WIM and Mr Woodford “did not react appropriately as the fund’s value declined, its liquidity worsened and more investors withdrew their money”.

“This disadvantaged investors who remained in the fund, compared to those who had withdrawn their investment before the fund was suspended.”

Steve Smart, joint executive director of enforcement and market oversight at the FCA, said: “Being a leader in financial services comes with responsibilities as well as profile. Mr Woodford simply doesn’t accept he had any role in managing the liquidity of the fund.

“The very minimum investors should expect is those managing their money make sensible decisions and take their senior role seriously.

“Neither Neil Woodford nor Woodford Investment Management did so, putting at risk the money people had entrusted them with.”

In a statement, WIM said Mr Woodford had managed the WEIF in accordance with a liquidity framework laid down by Link Fund Solutions (LFS), the separate company in charge of the fund’s liquidity.

It said this framework was “fully visible to the FCA, who had never objected to it”.

“There was never an indication that the FCA considered the management of the fund’s liquidity to be inappropriate or unreasonable,” WIM added.

The “true cause of the investor losses”, said WIM, was Link’s decision to liquidate the fund in October 2019, four months after it had been suspended.

During the suspension period, Mr Woodford had been “actively restructuring” the fund and come up with a plan which “could have supported a managed reopening of the fund”, the statement continued.

In October 2023 the Waystone Group, acquired the Irish and UK businesses of LFS. Waystone has been approached for comment.

In April 2024, the FCA found that LFS had “failed to act with due skill, care and diligence” in its management of the WEIF.

Both WIM and Mr Woodford said they had “great sympathy for their investors who were impacted by the suspension, and who suffered financial loss when the Fund was liquidated”.

“However, they continue to believe that any loss suffered was avoidable and was a product of bad decisions made by Link after the suspension, which were overseen by the regulator.”

Illinois lt. gov. responds to Texas redistricting: 'Nothing will be off the table'

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Illinois Lt. Gov. Juliana Stratton (D) said on Tuesday that “nothing will be off the table” in response to the plan by Texas Republicans to redraw their congressional boundaries in a way they hope will give the state five more GOP seats in Congress after the midterms.

“We have a message for President Trump and Gov. Abbott: We are watching you,” Stratton told reporters during a press conference, which included Democratic National Committee (DNC) chair Ken Martin, Gov. JB Pritzker (D) and Texas Democrats.

“In Illinois, we don’t sit on the sidelines. In Illinois, we don’t take kindly to threats, and in Illinois, we fight back. If Trump and Texas Republicans won’t play by the rules, we will look at every option available to stop their extreme power grab, and nothing will be off the table,” Stratton, who is running for Senate next year, said. 

The Texas GOP at the behest of President Trump are redrawing the state’s congressional maps to benefit Republicans. Redistricting was not originally on the agenda items for the special session Gov. Greg Abbott called but was added later. The move is a power play in that lines are usually not withdrawn until after a new census.

Texas Democrats traveled to Illinois, New York and Massachusetts beginning on Sunday to deny Republicans quorum, or the minimum number of lawmakers needed present to conduct legislative business, as the GOP tries to pass the new congressional lines. 

Texas lawmakers are in a special legislative session called by Texas Gov. Greg Abbott (R) over redistricting, among other agenda items.

A Texas House committee passed the new GOP-friendly map last week, teeing it up for a vote on the House floor. With Democrats out of the state, however, those efforts are stalled.

California and New York have signaled that they’re exploring their options over how to pass new maps in light of Texas Republicans’ move to redraw their map in the middle of the decade; Stratton’s announcement suggests more blue states could follow.

Though Democrats are criticizing Republicans in Texas for passing an even more gerrymandered map, Democrats have also been criticized for doing the same in states like Illinois and New York — in some cases even seeing their maps struck down because of it.

Stratton, Pritzker, Martin and others convened in Illinois one day before the anniversary of the signing of the Voting Rights Act, which has been used to help ensure fair representation for communities of color in election maps. 

“Republicans are running scared that voting for this monstrosity will make them lose their majority, and they certainly will, which is why they’re trying to disenfranchise Texas voters by packing and cracking them into districts to dilute their voting power, a clear and blatant violation of the Voting Rights Act,” Martin said, referring to Trump’s megabill. 

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Sheffield Wednesday players to fulfil Championship opener against Leicester City

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Sheffield Wednesday lost £178m between 2015, when Dejphon Chansiri bought the club, and 2024.

Chansiri was keen to invest and speculate in terms of player purchases and higher wages when he initially arrived.

It should be remembered that Wednesday were in the Championship play-offs – looking for promotion to the Premier League – twice in the early years.

However, it appears that Chansiri’s ability to provide finance for the club has diminished more recently – the past couple of years in particular.

That has led to wages not being paid, creditors not being paid and a lack of maintenance on the stadium.

As a result of that, one of the stands at Hillsborough is deemed not to be fit for purpose and will be empty when Wednesday play their first games.

This is a case of people chasing the dream and then wondering what to do when that dream doesn’t come true.

And it is an ongoing issue in the second tier of English football, in the sense that average losses are £400,000 per week.

If an owner’s circumstances change, as appears to be the case with Chansiri, or if an owner’s attitude towards football changes and they feel they no longer want to subsidise clubs – as we have seen elsewhere – then there are going to be consequences which leave clubs’ futures looking quite precarious.

We have seen quite a few clubs go into administration and even worse issues somewhere like Morecambe, who are in genuine danger of ceasing to exist.

Watch live: Pritzker, DNC chair give remarks amid Texas redistricting fight

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Illinois Gov. JB Pritzker (D) and Democratic National Committee (DNC) chair Ken Martin will give remarks to reporters Tuesday morning, as the redistricting fight in Texas shines light on Democrats’ efforts to expand the Voting Rights Act (VRA).

The duo will be joined by a group of Texas Democrats that fled to Illinois as the GOP in the state looks to pass a new Congressional map — with the support of President Trump. The Dems argued the move violates the VRA and could give Republicans an unfair advantage in the 2026 midterms.

Texas Gov. Greg Abbott threatened the Democrats with arrests, as their move stalled votes. Pritzker has vowed to help protect those who left the Lone Star State.

The press conference is scheduled to begin at 10:30 a.m. EDT.

Watch the live video above.