Ernst & Young LLP

Four Midwest Student Founders Advance to NFTE National Showcase

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Four Midwest Student Founders Advance to NFTE National Showcase

New York – October 28, 2026 -- Four students from Illinois, Missouri, Ohio and Michigan have won places at the National Youth Entrepreneurship Showcase on Nov. 18, 2026, at the Marriott Marquis in New York City, the Network for Teaching Entrepreneurship (NFTE) announced. Winners emerged from Midwest showcases in St. Louis, Chicago and satellite competitions, where students pitched to panels of judges, community leaders and business professionals.

Four ventures span AI, media, hardware and gig-style work platforms

Malik Oladokun of Thornwood High School in South Holland, Illinois, advances with Helply, an AI-powered platform that connects young people with community service opportunities. Jayla Moore of STEAM Academy of McCluer South-Berkeley High School in Ferguson, Missouri, is bringing Mindset, a storytelling platform built around fictional and relatable stories, reflection and anonymous engagement.

NFTE Sends Ipswich Student's AI Study Tool to National Finals

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NFTE Sends Ipswich Student's AI Study Tool to National Finals

New York – October 28, 2026 -- The Network for Teaching Entrepreneurship (NFTE) has advanced Isla Hughes of Ipswich High School in Massachusetts to the U.S. National Youth Entrepreneurship Showcase on Nov. 18, 2026, at the New York Marriott Marquis, with Nova Guide, an adaptive AI study co-pilot for students with executive function challenges.

Hughes will represent New England against top student founders nationwide

Hughes was selected as the top venture at the New England Youth Entrepreneurship Showcase from a pool of student-led businesses. NFTE credits her innovative thinking and persuasive pitch delivery.

At the national event, she will compete with top student entrepreneurs from across the country. The winner advances to the World Youth Entrepreneurship Showcase on Nov. 19, 2026, at 787 Seventh Avenue in New York City.

US Oil Reserve Replacement Falls Below 100% as Capex Drops 49%

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US Oil Reserve Replacement Falls Below 100% as Capex Drops 49%

Houston – September 14, 2026 -- US oil production hit a study-period high in 2025, but reserve replacement fell below 100% for the first time since 2021, according to an annual benchmarking study released by Ernst & Young LLP (EY US).

Oil reserve additions declined 11% while production climbed to a record

The EY US Oil and Gas Reserves and Production Benchmarking Study analyzed five years of data from the 30 largest publicly traded US exploration and production companies, representing about 43% of combined US oil and gas production. Oil reserve additions from extensions and discoveries fell 11% year over year and failed to fully replace production volumes, while combined oil reserves declined by less than 1%.