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Public Adjusters Face Uncertain Future as Citizens Insurance Drops Their Names from Payout Checks

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Public adjusters

A quiet but seismic policy shift by Florida’s state-backed Citizens Property Insurance Corporation is sending shockwaves through the ranks of public adjusters, and experts warn that if other insurers follow suit, storm-battered homeowners may soon find themselves navigating claims battles alone.

Earlier this month, Florida adjusters were stunned to receive letters from Citizens, notifying them that they would no longer be listed as co-payees on insurance settlement checks. The move, seemingly administrative in nature, could have massive implications for how these professionals get paid—and whether they’ll remain in the industry at all.

“Our policy requires us to pay the insured unless someone other than the insured, such as a guardian or other loss payer, is legally entitled to the claims payment,” the letter from Citizens stated.

It went on to clarify: “The insured is liable for the payment to parties with whom he or she contracts, not the insurer.”

That may sound like standard procedure, but public adjusters say it amounts to a sudden and dangerous departure from long-standing industry norms.

Industry Ripple Effect Could Be Devastating

Public adjusters

Public adjusters, much like attorneys, are hired by policyholders to represent their interests when filing claims, often securing larger settlements than homeowners could on their own. And because they typically receive up to 10% of the final payout, their inclusion on checks has long ensured timely and reliable compensation.

“This will make it much more difficult for policyholders to get a second opinion, find professionals to help, and get fairly paid for their losses. I suspect that is the intended consequence,” warned Nancy Dominguez, executive director of the Florida Association of Independent Insurance Adjusters.

“If public adjusters find it difficult to get paid for their work since their fees are not being protected it is likely they will leave the industry,” Nancy Dominguez added.

Dominguez represents more than 750 independent adjusters, many of whom are now considering whether staying in the profession is viable.

Citizens Defends Move, but Critics Call Foul

Citizens spokesman Michael Peltier defended the decision, insisting it was meant to streamline the recovery process for policyholders and had no bearing on their contractual obligations with adjusters.

“This procedural change makes it easier for our policyholders to get back on their feet and does not impact any contract between a policyholder and their public adjuster, whose fees are governed by statute,” Peltier said.

Yet, critics argue the shift puts too much faith in homeowners to pay up on their own—and opens the door to costly disputes.

“What happens if you have a policyholder who decides, ‘Oh, I’m not going to pay anybody. I’m keeping this money for whatever reason,’ you know? Now it becomes a dispute between the public adjuster and the policyholder. Why?” Dominguez asked.

Contradicting Its Own Guidance

Adding fuel to the fire, Dominguez shared a screenshot of Citizens’ own website, captured just weeks ago that directly contradicts the new policy.

The now-removed FAQ once stated: “Citizens must protect the public adjuster’s interest by including the public adjuster as an additional payee on the check,” provided a signed letter of representation was submitted.

That version was last updated on April 28. As of Monday, the question is gone from the site.

Curiously, an adjacent FAQ about mortgage companies still remains. That entry affirms that mortgage lenders are listed on checks if they have “an insurable interest in the damaged property.”

Are Public Adjusters Being Singled Out?

The perceived double standard hasn’t gone unnoticed. In a flurry of online discussions, professionals within the industry are voicing their frustration and their fears.

“The reason the mortgage company is placed on the check is because of the contract with the insured,” posted Amy Ruiz in response to Dominguez’s Facebook update. “The mortgage company is legally entitled to the payment per the Citizens policy. Same as the public adjuster.”

Others worry that Citizens is testing the waters, and that private insurers may soon replicate the move.

“They’re singling out our industry, which is not uncommon,” Dominguez said. “You know, we’re the scapegoats because we end up costing them more money, because we get people paid what they’re owed.”

Insurers Wary of Adjusters’ Impact on Payouts

It’s no secret that insurance companies often bristle at the involvement of public adjusters. In public meetings, Citizens has lumped them in with plaintiffs’ attorneys pointing to data that suggests higher claims costs when policyholders bring in representation.

By law, public adjusters’ fees are capped at 10% for claims linked to declared emergencies and 20% for others. But even within those bounds, their work often results in significantly higher payouts.

Which may be precisely why some insiders suspect this policy shift is less about paperwork, and more about profit margins.

If the Trend Spreads, Who Advocates for Homeowners?

For many Florida residents, particularly those rebuilding after hurricanes, public adjusters are more than a luxury; they’re a lifeline. If adjusters exit the field en masse, homeowners could be left without the guidance they need to navigate complex and often combative insurance claims.

And that could spell disaster.

“Fewer will be available to help policyholders file insurance claims after hurricanes or other disasters,” Dominguez warned. 

FedEx Visionary Fred Smith Dies at 80: A Legacy of Grit, Innovation, and Patriotism

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Fred Smith death

Frederick W. Smith, the formidable force behind FedEx and a decorated Marine Corps veteran, has died at the age of 80. The logistics titan, whose dream transformed overnight delivery from fantasy to necessity, passed away on Saturday, according to a company announcement.

A Marine, a Maverick, a Mogul

Fred Smith death

Before Smith became a shipping mogul, he was a soldier. After graduating from Yale in 1966, he served with distinction in the U.S. Marine Corps, completing two combat tours in Vietnam. That battlefield discipline later translated into business strategy.

In 1973, Smith launched what would become the cornerstone of modern logistics: an integrated air-to-ground express delivery system. 

From 14 Planes to a Global Empire

FedEx’s beginnings were modest. With just 14 small planes and 389 team members, the startup moved a mere 186 packages from Memphis to 25 cities, as Reuters reported. But Smith’s vision never wavered.

Fast forward to today: the company commands a fleet of 705 aircraft, over 200,000 vehicles, and 5,000 facilities worldwide. Its 500,000+ employees now move around 17 million shipments every day, according to FedEx’s website.

‘The Heart and Soul of FedEx’

“Fred was more than just the pioneer of an industry and the founder of our great company. He was the heart and soul of FedEx – its PSP culture, values, integrity, and spirit,” said FedEx CEO Raj Subramaniam.

Smith remained a driving force long after stepping down as CEO. As executive chairman, he steered governance, sustainability efforts, and public policy strategies. In 2022, he formally handed the reins to Subramaniam.

“As we begin to process this tremendous loss, it is important that we take care of one another and demonstrate the passion and compassion that Fred embodied every day. In the coming days and weeks, I know we will all find ways to honor his memory and pay tribute to his legacy,” Subramaniam added.

Twice Asked to Serve His Country Again

Smith’s leadership transcended business. He was twice tapped by President George W. Bush to serve as Secretary of Defense—but turned down both offers to remain close to his family.

“I twice asked him to serve as Secretary of Defense, and he declined twice only because of his devotion to his family. Laura and I send our condolences to Fred’s beloved children and grandchildren and his wife, Diane,” the former president said in a statement. Smith and Bush had been fraternity brothers at Yale.

A Man of Principle, A Mentor to Many

Photos of Smith show a steely-eyed veteran, often beside the FedEx logo he built into a global symbol. A 1980 image of him, featured on trucks in San Diego, serves as a reminder of the man’s grit and resilience.

He was hailed as “a mentor to many” and a “source of inspiration to all.” Even as he sat alongside corporate titans, like Goldman Sachs CEO David Solomon at the 2023 American Energy Security Summit, Smith never lost the Marine’s sense of duty and service.

A Vision That Redefined the World

As FedEx continues to deliver across continents, its founding ethos remains tied to Smith’s belief in efficiency, reliability, and service to others.

“FedEx changed the way we live and do business,” said Bush. Indeed, Smith didn’t just create a company—he created an industry, and redefined what was possible.

Trump Declares “Spectacular” Victory Over Iran, Warns of Harsher Strikes Without Peace

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Trump Iran airstrikes

In a high-stakes address from the White House Saturday evening, President Donald Trump announced the destruction of Iran’s nuclear enrichment infrastructure, hailing the joint U.S.-Israel military operation as a “spectacular military success” and warning Tehran that worse could follow unless it accepts peace.

With Vice President JD Vance, Secretary of State Marco Rubio, and Defense Secretary Pete Hegseth standing behind him, Trump struck a triumphant and stern tone as he updated Americans, and the world on the airstrikes that targeted Iran’s controversial nuclear facilities.

“Our objective was the destruction of Iran’s nuclear enrichment capacity and a stop to the nuclear threat posed by the world’s number-one state sponsor of terror,” Trump said. “Tonight, I can report to the world that the strikes were a spectacular military success. Iran’s key nuclear enrichment facilities have been completely and totally obliterated. Iran, the bully of the Middle East, must now make peace. If they do not, future attacks will be far greater and a lot easier.”

Praise for Israel, and America’s “Magnificent Machines”

The president didn’t hold back in applauding Israel’s role in the coordinated assault. He personally praised Prime Minister Benjamin “Bibi” Netanyahu and the Israeli armed forces, describing the campaign as a model of allied unity.

“I want to thank and congratulate Prime Minister Bibi Netanyahu,” Trump declared. “We worked as a team, like perhaps no team has ever worked before, and we’ve gone a long way to erasing this horrible threat to Israel. I want to thank the Israeli military for the wonderful job they’ve done, and most importantly, I want to congratulate the great American patriots who flew those magnificent machines tonight and all of the United States military on an operation the likes of which the world has not seen in many, many decades. Hopefully we will no longer need their services in this capacity.”

That message of hope that this display of force could pave the way to diplomacy, came with a caveat. Trump made it crystal clear that Iran has a stark choice: peace or peril.

“There will be either peace or there will be tragedy for Iran, far greater than we have witnessed over the last eight days,” Trump warned.

Future Targets Already Lined Up

In what may have been the address’s most chilling moment, Trump hinted that Saturday’s strikes were just the beginning if Iran refuses to back down.

“Remember, there are many targets left. Tonight’s was the most difficult of them all, by far, and perhaps the most lethal. But if peace does not come quickly, we will go after those other targets with precision, speed, and skill. Most of them can be taken out in a matter of minutes. There’s no military in the world that could have done what we did tonight, not even close.”

The president’s words echoed a doctrine of maximum pressure, backed by American military might and zero tolerance for further nuclear development by the Iranian regime.

Ending With Gratitude and a Prayer

Trump concluded the address on a spiritual note, invoking divine protection for the troops and blessing the countries involved in the tense standoff.

“And I want to just thank everybody, and in particular God,” he said. “I want to just say we love you, God, and we love our great military, protect them. God bless the Middle East. God bless Israel, and God bless America. Thank you very much. Thank you.”

The address came just hours after U.S. forces supported Israel in launching precision strikes against Iranian nuclear targets. The immediate geopolitical fallout remains uncertain, but one thing is clear: the president has signaled that the U.S. is prepared to escalate further and fast, if Iran refuses to stand down.

Heather Graham Reveals Her Age-Defying Lifestyle and Why She’s Happier Than Ever at 55

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Heather Graham

Heather Graham isn’t chasing youth, she’s celebrating life. At 55, the “Boogie Nights” star is radiating more confidence than ever and says the secret to staying youthful lies not in Hollywood glam, but in inner peace.

“I think what matters most is how you feel inside. Decide that you’re hot and enjoy your life. What other people think of you is none of your business. If you feel good about yourself, no one can take that away from you. Pursue the things that fill you with joy, and surround yourself with loving people,” she told Retreat Magazine.

That mantra seems to be serving her well.

Clean Living, Sleep, and a Healthy Dose of Self-Love

Heather Graham

Forget fad diets and extreme workouts. Graham attributes her glow to clean living and a grounded mindset. “I don’t drink or do drugs, and I get a lot of sleep. Eating healthy makes me feel good. I like cooking for myself and other people. And I love it when people cook for me. Basically, I like eating! Also, I do affirmations. I think they are very powerful. I work on strengthening my inner loving parent muscle, so I can be supportive and loving to myself. One of my affirmations is: ‘This is the best time of my life.’”

She doubled down on that mindset in an April interview with People, saying, “I feel like as I get older, I just care less about things that don’t matter. Everyone gets upset sometimes, but I think that I’m happier. I’ve done enough hard work on myself that I feel like I’m a happier person now.”

A Wellness Routine That Goes Beyond the Physical

Wellness, for Graham, is a full-body, full-soul experience. She’s been practicing it since her early twenties, incorporating exercise, yoga, and meditation into her daily life. Yet she insists it’s the emotional support system that truly makes a difference.

“I have some wonderful friends, and I am so grateful for them,” Graham shared.

“I think the most important thing is to love yourself, because then you have more love to give. Fill up your cup first before you give to other people. Also, it’s so good to have a sense of humor!”

Staying Grounded While Living Sober

While she steers clear of alcohol and drugs herself, Graham has found healing through Al-Anon, a support group for those affected by someone else’s addiction.

“I have never had a problem with drinking or drugs, but sometimes I have problems with relationships. Or if you have any difficult people in your life, it can help you learn how to deal with them better, in a more loving way, and most importantly, to take better care of yourself,” she told Retreat Magazine.

Owning Her Sexuality, Then and Now

Never one to shy away from sensuality, Graham says she was ahead of her time when it came to embracing her sexual confidence.

“Nowadays, so many women are enjoying their sexuality, but when I was coming up, there was definitely judgment around that. It’s great to watch younger women feel freer to be sexual and not to worry about cultural bias,” she reflected.

Breaking Away from Her Past

Graham’s journey to independence started early. She moved out of her parents’ home at 18 and pursued acting with unshakable determination. But her decision to break away came with familial strain.

“He regularly told me that the entertainment industry was evil and that Hollywood would claim my soul,” she told The Wall Street Journal in 2024. “They were part of a generation that didn’t believe in therapy or discussing personal things, so I never felt I could talk to them.”

She finally cut ties at 25, following years of emotional distance. “I stopped talking to my parents when I was 25, and I’m estranged from them now,” she admitted. “My friends are proud of me, and I’m proud of myself. I have really good friends.”

A Life She Built on Her Own Terms

Despite the personal hurdles, Graham is thriving. She carved out her own path, first scoring big roles in films like “Swingers” and “Austin Powers,” then redefining happiness by her own standards.

“When the movie came out, I was 18, living at home had become more difficult,” she recalled of her breakout film License to Drive. “I said to myself, ‘I’ve got to get out of here, I’ve got to be successful, and I’ve got to be a movie star.’”

A high achiever, she graduated high school with a 5.0 GPA and studied English at UCLA before leaving after junior year to chase her Hollywood dream. Now, she enjoys the life she built one with beauty, friends, and no regrets.

“I live in Los Angeles in a house I bought last year. I also have a loft in New York,” she shared. Her West Coast pad? “It has views of the Pacific.”

WWE Hall of Famer Predicts Big Things for Blake Monroe After NXT Debut

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WWE’s women’s division just got a powerful new addition, and wrestling legend Bubba Ray Dudley is already singing her praises.

Blake Monroe, previously known to fans as Mariah May, stepped into the spotlight earlier this month with her official debut on WWE NXT. Her arrival comes amid WWE’s aggressive wave of talent acquisitions, shaking up rosters across the board and sending a message to the industry.

Having already held gold in Japan’s Stardom promotion and enjoyed a high-profile stint in All Elite Wrestling, Monroe isn’t walking in green. Her heated rivalry with Toni Storm served as the climax of her AEW tenure, capping a run that firmly established her as one to watch.

Now, Monroe is setting her sights on NXT Women’s Champion Jacy Jayne and the ruthless Fatal Influence faction. The message is clear: she’s not here to blend in, she’s here to dominate.

WWE Veteran Gives Monroe the Stamp of Approval

In an exclusive conversation with Fox News Digital, WWE Hall of Famer Bubba Ray Dudley didn’t hold back when discussing Monroe’s potential within the company.

“Blake Monroe has caught my eye, caught my intention over the last couple of years, for the body of work she was involved with in another company,” he said. “She did a phenomenal job and maxed out her potential there. I don’t think Blake Monroe could have gotten better at where she was, I don’t think there was enough talent that was better than her for her to work up to.

“I don’t know if there was enough minds that could have worked with Blake Monroe to have her be the sports entertainer she could be. I didn’t use the word pro wrestler I used sports entertainer because when you look at Blake Monroe’s body of work the last couple of years its more sports entertainer than pro wrestler to me and at the end of the day it’s world wrestling entertainment.”

Dudley, no stranger to big-stage success himself, believes Monroe’s move to WWE is not just smart, it’s essential to unlocking her full potential.

“She’s Truly Going to Shine”

Dudley went further, offering a firm prediction that Monroe will thrive under WWE’s polished developmental system.

“So, I think Blake Monroe coming into NXT was a very smart move on her behalf, working with all this new talent I believe working with Shawn Michaels and working with all the talented creative people he has under him and the producers,” Dudley said.

“Blake is truly going to shine in the system. And I think she will go on and be a big star in the WWE.”

That forecast carries weight coming from a man who helped define tag team wrestling in WWE’s golden era. For Monroe, the endorsement adds even more momentum to an already buzzing debut.

A Dream in Motion—and a Table-Breaking Welcome

Just days ago, Monroe’s “contract signing” aired on NXT, where she told fans her lifelong dream had always been to perform in WWE. True to form, she had shared similar sentiments on social media throughout her climb in the wrestling world.

But dreams don’t come without bumps, literally. Her welcome to NXT included a painful initiation from Jacy Jayne, who slammed her through a table in a brutal show of dominance.

Still, that only adds fuel to Monroe’s fire. Her first official match hasn’t been announced, but the anticipation is growing fast. If Bubba Ray Dudley’s instincts are right, WWE fans should buckle up because Blake Monroe is just getting started.

‘Big Win’ for Trump as Appeals Court Overrules Newsom in National Guard Dispute

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Trump National Guard ruling

In a resounding legal victory for former President Donald Trump, the U.S. Court of Appeals for the Ninth Circuit unanimously overturned a lower court decision and reaffirmed his authority to deploy the National Guard to Los Angeles in response to anti-ICE protests. The ruling dealt a stinging blow to California Governor Gavin Newsom, whose efforts to block the federalization of the California National Guard have now officially failed again.

The appellate court’s Thursday decision reversed a June 12 ruling by U.S. District Judge Charles Breyer, a Clinton appointee, who had claimed Trump’s activation of the Guard was unconstitutional and exceeded his statutory power.

But the three-judge panel saw it differently. “It is likely that the president lawfully exercised his statutory authority under § 12406(3),” the court wrote, referring to the section of U.S. code that permits the president to federalize state National Guard units when “regular forces” are insufficient to enforce federal law.

How It Began: National Guard Called Amid Riots

The controversy dates back to June 7, when President Trump ordered the National Guard into Los Angeles after a series of violent demonstrations targeting Immigration and Customs Enforcement (ICE) turned destructive. He cited the unrest as “a form of rebellion against the authority of the Government of the United States.”

The unrest included attacks on ICE vehicles, Molotov cocktails thrown at property, and attempts to breach a federal parking garage using rolling dumpsters as battering rams. One particularly disturbing incident involved federal officers being “pinned down” by rioters hurling concrete chunks and bottles.

Newsom Pushes Back—and Loses

Unimpressed by Trump’s rationale, Governor Newsom moved swiftly to wrest control of the Guard back into state hands. He argued Trump had overstepped constitutional limits and demanded, “You must relinquish your authority of the National Guard back to me and back to California.”

The federal district court initially sided with Newsom, prompting the governor to crow during a press conference that the president was “weak.” But the celebration was short-lived.

The Trump administration filed an emergency appeal, and the Ninth Circuit stayed Breyer’s ruling—temporarily restoring Trump’s command. This week’s unanimous panel decision cemented that reversal, handing Newsom yet another loss in his ongoing legal saga with Trump.

Court Dismisses State’s Procedural Complaints

Newsom’s legal team contended that Trump hadn’t properly transmitted the federalization order “through” the governor, as required by statute. But the Ninth Circuit rejected that claim, noting that even if procedural formalities were bypassed, the president’s “otherwise lawful authority” remained intact. In short: Newsom had no legal power to veto the order.

The court added that while state officials may have feared the Guard’s presence could “inflame” tensions, such concerns were “too speculative” to override the federal interest in protecting property and personnel.

Trump Declares Victory

“BIG WIN in the Ninth Circuit Court of Appeals on the President’s core power to call in the National Guard!” Trump posted on Truth Social shortly after the ruling was made public.

He didn’t hold back in his criticism of Newsom, adding, “The Judges obviously realized that Gavin Newscum is incompetent and ill prepared, but this is much bigger than Gavin.”

Trump framed the decision as a broader endorsement of federal strength, asserting, “If our Cities, and our people, need protection, we are the ones to give it to them should State and Local Police be unable, for whatever reason, to get the job done.”

He closed with a nod to the court itself: “Congratulations to the Ninth Circuit, America is proud of you tonight!”

Newsom Vows to Keep Fighting

Governor Newsom, undeterred, said he would continue challenging what he characterized as Trump’s “authoritarian use of U.S. military soldiers against citizens.”

He had stated earlier in the week, “I’m confident in the rule of law. I’m confident in the Constitution of the United States. I’m confident in the reasoned decision issued last week by a very well-respected federal judge. And I’m confident that common sense will prevail here.”

It did, just not in the way Newsom had hoped.

Judge Breyer, for his part, is reportedly weighing whether to issue a fresh injunction that could once again test the legal boundaries of federal power in the City of Angels.

Olivia Wilde Stuns in Beaded Bikini During Italian Holiday After Film Festival Honor

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Olivia Wilde bikini

Olivia Wilde turned heads this weekend as she soaked up the sun in scenic southern Italy, showing off her toned physique in a beaded bikini just days after being honored at one of Europe’s prestigious film events.

The 41-year-old actress and director was spotted Saturday enjoying the clear waters of the Ionian Sea off the coast of Taormina, Sicily. Wilde wore a tan string bikini accented with striking red beads as she emerged from the waves, embodying effortless Mediterranean glamour.

Her damp hair flowed naturally around her shoulders, complemented by oversized brown sunglasses and a delicate gold necklace, minimalist yet chic for a relaxed beach day.

Book in Hand, Award on Her Mind

Later, Wilde was seen reclining on a beach lounger, absorbed in a book, as she basked in the coastal sunshine. The tranquil moment followed a big evening for the Don’t Worry Darling director, who had just received the Taormina Creativity Award at the 2025 Taormina Film Festival.

On Friday, she graced the red carpet at the festival’s 71st edition in a sage green gown with a soleil-pleated skirt and a plunging neckline that featured a keyhole cutout. She completed the look with soft, flowing waves and a gold chain necklace adorned with a vivid emerald pendant.

A Star Among Giants

Earlier in the day, Wilde stepped out in a pale yellow silk and lace dress with gold velvet platform sandals and a bold gold statement necklace, turning heads at the festival’s photo call.

The Taormina Film Festival’s artistic director, Tiziana Rocca, expressed high praise for Wilde’s accomplishments and presence.

“We are honored to welcome Olivia Wilde to the 71st edition of the Taormina Film Festival,” Rocca said in a statement to Deadline.

“Olivia represents a shining example of female creative power, combining elegance, intelligence and determination. Her presence will greatly enrich this year’s program and offer the audience a unique opportunity to engage with one of the key figures in contemporary cinema.”

Held from June 10 to 14 in the hilltop town of Taormina, the festival also honored cinematic legends like Martin Scorsese, Michael Douglas, Helen Hunt, Catherine Deneuve, and Monica Bellucci.

Hollywood Momentum Continues

Wilde isn’t slowing down anytime soon. According to Deadline, she is set to star in the upcoming thriller I Want Your Sex alongside pop artist Charli XCX and rising actor Cooper Hoffman.

She also has major directing projects lined up. Wilde will helm and star in the comedy The Invite, joining a powerhouse cast that includes Seth Rogen, Edward Norton, and Penélope Cruz. Other works in development include the Christmas-themed Naughty and a comic book adaptation titled Avengelyne.

Wilde was most recently seen attending a summer lunch hosted by Zimmermann in Mykonos on June 17, suggesting that her European tour of sun, fashion, and film is still going strong.

Cristina Junqueira: From Bold Exit to Fintech Icon—How a Brazilian Mom Disrupted Banking in Latin America

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Cristina Junqueira didn’t just quit her job, she left the comfort of Brazil’s second-largest private bank, Itaú, to rewrite the rules of finance. Now celebrated as Latin America’s foremost female fintech leader, she’s the co-founder of Nubank, a digital banking powerhouse that has exploded to more than 90 million users across Brazil, Colombia, and Mexico.

But back in 2013, none of this seemed certain. Leaving Itaú, Junqueira could hardly have predicted that within a decade, her name would be etched into fintech history, leading a neobank that rivals the very institution she walked away from.

Born to Lead: From Brazil’s Coffee Belt to Global Fintech Stage

Cristina Junqueira was born in Riberão Preto, once Brazil’s coffee capital, before her family moved to Rio de Janeiro. Even early on, she stood out—a high achiever in school and an ambitious student in São Paulo, where she studied industrial engineering at Universidade de São Paulo.

By the time she took on her first consulting role at Boston Consulting Group, she was already juggling a Master’s in economic and financial modeling. And then came a pivotal leap: enrolling at Kellogg School of Management at Northwestern University in 2007, where she earned her MBA.

Returning to Brazil, she climbed quickly, first at Unibanco, then at Itaú following its landmark merger. But even at the top, Junqueira saw cracks in the system.

Crashing Through the Glass Bank Vault

At Itaú, Junqueira pushed for more consumer-first ideas: commission-free credit cards, better communication channels, and broader financial inclusion. But her ideas, she says, were routinely ignored.

Frustrated, she took a massive personal and professional risk: she resigned.

Then came a serendipitous meeting with David Vélez, then at Sequoia Capital. They shared one central frustration—the inertia and elitism that plagued Latin America’s banking scene. Add American software engineer Edward Wible to the mix, and a revolution was born.

A Bold Name, A Transparent Mission

They called it Nubank, a nod to transparency (in Portuguese, “nu” means “nude”). From day one, their goal was clear: break-through bureaucracy, eliminate hidden fees, and build a bank people could actually trust.

By the close of 2023, Nubank had skyrocketed to a valuation of $23 billion, serving tens of millions across Latam and taking on incumbents like Itaú directly. Its pace? Relentless. Its reputation? Unshakable. And at the heart of it all, Junqueira—a leader, a builder, a symbol.

Deals in the Delivery Room: Balancing Business and Babies

If building a fintech empire wasn’t enough, Cristina Junqueira did it while pregnant and kept the deals flowing even from the maternity ward.

At the time of Nubank’s launch, she was heavily pregnant with her first child. Hours after giving birth, she was back to work signing investor contracts from her hospital bed.

Now a mother of two, she continues to lead Nubank Brazil with the same intensity and drive.

“I want my daughters to grow up in a world where they can dream of being whoever they want to be—and you can’t dream of what you can’t see,” Junqueira told McKinsey & Co.

Her journey from a small town in Brazil to the boardrooms of a $23 billion fintech juggernaut, makes that dream visible for millions.

SpaceX Starship Blows Up During Test at Texas Launch Site — Musk Calls It ‘Just a Scratch’

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SpaceX Starship explosion

A powerful explosion lit up the night sky at SpaceX’s Starbase facility in Boca Chica, Texas, as a Starship prototype unexpectedly erupted in flames during a ground test late Wednesday.

Just after 11 p.m. local time, the massive stainless steel rocket identified as Ship 36 experienced what the company called a “major anomaly” during a static fire test, sending shockwaves through live-streamed feeds and local observers alike.

“The Starship preparing for the tenth flight test experienced a major anomaly while on a test stand at Starbase,” SpaceX announced on its official X account.

Despite the dramatic visuals, the company quickly confirmed that the situation was under control.

“A safety clear area around the site was maintained throughout the operation and all personnel are safe and accounted for,” the statement continued. “Our Starbase team is actively working to safe the test site and the immediate surrounding area in conjunction with local officials. There are no hazards to residents in surrounding communities, and we ask that individuals do not attempt to approach the area while safing operations continue.”

Caught on Camera: Blast Stuns Viewers on Livestreams

The explosion was captured in real-time on several livestreams, including one from NASASpaceflight, which was shared by the Cameron County Constable Precinct 1. Viewers could hear a man on the stream exclaim in disbelief:

“Whoa! Whoa! No… Oh, my God.”

The caption on the video hinted at what was originally expected to be a routine event:
SpaceX is expected to perform a static fire test of ship 36. The second in this series of testing for flight 10.”

Instead, the broadcast veered into a moment of high drama as Starship 36 failed on the stand, sending thick plumes of smoke billowing into the night sky.

Elon Musk’s Reaction? “Just a Scratch”

SpaceX founder and CEO Elon Musk, known for his unshakable optimism, brushed off the incident with a typically casual remark.

“Just a scratch,” Musk wrote on X early Thursday morning.

While some may view the comment as minimizing the setback, others recognize it as par for the course in the iterative and high-risk world of rocket development.

What Happens Next?

The Starship system is SpaceX’s flagship for deep space exploration, envisioned as a reusable transport vessel capable of missions to the Moon, Mars, and beyond. While dramatic, such failures aren’t entirely unexpected during experimental stages — especially for a program built on rapid prototyping.

This explosion marks another bump in the road for Flight 10 preparations, but it’s unlikely to deter SpaceX’s momentum. The company has made a habit of turning explosions into learning opportunities, often rebounding with fixes and faster timelines.

As of Thursday morning, Starbase teams continued working closely with local authorities to secure the site and assess damage. No further updates have been issued on whether Flight 10 will be delayed.

Yale Historian Slams Trump Over Fort Bragg and Guard Deployment

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Timothy Snyder Trump criticism

Timothy Snyder, a Yale historian who’s spent years warning Americans that Donald Trump is the modern incarnation of Adolf Hitler, has now shifted targets. In a recent post on Substack, Snyder likened the former president not to a Nazi, but to Confederate leader Jefferson Davis.

Why? Because Trump dared to praise U.S. military traditions and push back against the progressive movement’s attempt to reshape historical memory. According to Snyder, Trump’s speech at Fort Bragg wasn’t a celebration of patriotism, it was a “call for civil war.”

The Fort Bragg Controversy

Snyder cited Trump’s decision to reverse the Biden administration’s renaming of Fort Bragg as his first so-called Confederate offense. The base, originally named after Confederate General Braxton Bragg, had been renamed Fort Liberty by the Biden White House as part of an effort to distance the military from Confederate symbols.

Trump reinstated the Fort Bragg name. But he didn’t claim it was to honor a Confederate general. According to Defense Secretary Pete Hegseth, the change was to honor Roland L. Bragg, a World War II paratrooper.

Snyder, however, dismissed that reasoning. He called it a “dishonest pretense” and accused the Trump administration of glorifying “oathbreakers and traitors.”

A Launchpad for Liberty?

Critics of Snyder’s argument point to the fact that Fort Bragg has long been associated with modern military heroism, not with Confederate rebellion. It has been the training ground for elite forces like the 101st Airborne Division, and a symbol of America’s commitment to global freedom.

Trump’s defenders argue that restoring the name Fort Bragg doesn’t rewrite history, it respects the generations of Americans who trained there to fight tyranny abroad. That’s not an endorsement of the Confederacy, they say. It’s a tribute to U.S. soldiers who have defended democracy.

National Guard Deployment Sparks Lee Comparison

But for Snyder, Trump’s most alarming move wasn’t the renaming of a base, it was the deployment of the National Guard to riot-stricken Los Angeles.

According to Snyder, the president is “preparing American soldiers to see themselves as heroes when they undertake operations inside the United States against unarmed people, including their fellow citizens.”

In other words, Snyder believes Trump is laying the groundwork for an authoritarian crackdown, cloaked in patriotic language.

Accusations of Paramilitary Ambitions

In his Substack post, Snyder claimed that Trump’s rhetoric signaled “not patriotism but treason — and the rise of a ‘paramilitary’ regime.”

According to Snyder, Trump is blurring the lines between military loyalty and political ideology, casting American soldiers as tools in a domestic power struggle.

Historical Echoes or Political Spin?

Trump’s camp sees things differently. His 2024 campaign and subsequent administration have pushed back hard against left-wing efforts to purge historical figures and traditions from public life. The restoration of Fort Bragg’s name was, in their eyes, part of a broader effort to preserve national identity and honor military sacrifice.

Snyder’s interpretation, however, reframes these moves as dangerous revisionism rooted not in patriotism but in reactionary myth-making.

A Divided Nation

Snyder closed his post by urging fellow academics to support the No Kings protest movement. He invoked Abraham Lincoln’s Gettysburg Address to condemn Trump’s actions and appeal to the defense of democracy.

And while Snyder often warns of creeping authoritarianism, many of Trump’s supporters view the historian’s rhetoric as part of the problem casting wide swaths of Americans as fascists for valuing national pride and secure borders.

For Trump, the issue isn’t creating division. It’s preserving a version of America where military service is honored, national history is remembered in full, and border security is a core responsibility, not a taboo subject.