Exposed weakness: A fraudulent $1,596 payment exposed weaknesses in Thibodaux’s financial controls, including vendor banking changes, utility accounts, payroll records and reconciliations. Auditors found insufficient verification and documentation that could increase the risk of errors or fraud. T he city agreed to strengthen its procedures, and the findings did not result in a modified audit opinion. The Center Square has the full story. Polymarket under pressure: JPMorgan Chase reportedly ended its direct banking relationship with Polymarket amid regulatory and compliance concerns, though Polymarket disputes that characterization and says it maintains an active relationship with the bank. The prediction-market company has faced regulatory scrutiny, including a $1.4 million CFTC penalty in 2022, and returned to the U.S. market in late 2025. Inc. has the full story.  Pressure on Tehran: The Trump administration says it will impose unprecedented new economic measures on Iran next week, alongside its ongoing blockade, as peace talks remain stalled. Analysts doubt more sanctions will force Tehran to capitulate without risking retaliation and higher global energy prices. Meanwhile, tensions around the Strait of Hormuz are rising, with attacks on commercial ships and oil prices climbing. Bloomberg has the full story. BREC 401(k) Do you like the idea of BREC replacing its employee pension plan with a 401(k)? Yes No I don't know Δ ...read more read less