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Fed’s Waller Says Stablecoins to Broaden Reach of US Policy
Christopher Waller, governor on the US Federal Reserve Board, speaks during a private session at the National Association of Business Economics (NABE) economic policy conference in Washington, DC, US, on Monday, Feb. 23, 2026. The theme of this year's annual meeting is “The Great Realignment: Navigating AI, Demographic, and Geoeconomic Shifts.”
As tax exodus grows, Seattle’s mayor boasts of donations from Starbucks, Microsoft
Seattle’s Democrat mayor Katie Wilson is not convinced with a recent survey that suggests that more than half of her state’s business leaders are planning to leave over the imposition of a new millionaire’s tax. In March this year, Washington state Democrats passed the millionaire’s tax, a 9.9% income tax for households that make over $1 million a year. Over half (55%) of Washington state business leaders are thinking of relocating their personal residence to another state, according to the...
Seattle mayor shrugs off millionaire-tax concerns as 44% of business leaders consider leaving
Seattle Mayor Katie Wilson said concerns about wealthy residents and businesses leaving Washington over rising taxes are "overblown" during an interview on Wednesday. "So today, do you still feel the narrative of the rich leaving is still overblown," FOX 13 Seattle co-anchor Hana Kim asked Wilson. "So, I still think that claims of a large exodus of rich people due to our statewide millionaire tax that the legislature passed this year are overblown," Wilson responded with a chuckle.
US puts Alibaba, BYD and Baidu on Chinese military blacklist
The Pentagon has added 188 Chinese companies to its military blacklist — its biggest ever expansion — in a move that targets household names far beyond the defence sector. The Pentagon has added Alibaba, BYD and Baidu to its list of Chinese military companies, barring them from US defence contracts, considered a significant expansion of a designation that now reaches deep into China's civilian tech sector. The list, updated and published Monday, has grown to 188 Chinese entities, up from 134...
Trump team walks back directive that required green card applicants to wait their home countries: report
Trump team walks back directive that required green card applicants to wait their home countries: report The move follows ‘enormous backlash’ to a May 22 memo from the US Customs and Immigration Services - Bookmark - CommentsGo to comments President Donald Trump's administration quietly scaled back a recent crackdown on green card applicants in response to "enormous backlash" from the business community, according to a new report. In a May 22 memo, U.S. Citizenship and Immigration Services...
Never Call Retreat
We tend to think we have one national anthem, but to me, we have always seemed to have two. The first is the official one, “The Star-Spangled Banner.” The second is “Battle Hymn of the Republic.”
Senate GOP strips up to $1B for Trump ballroom security from immigration enforcement bill
Senate Republicans on Wednesday stripped up to $1 billion in security funding for President Donald Trump's proposed White House ballroom and the Secret Service from a revised immigration enforcement bill. GOP leaders privately concluded that the funding proposal risked derailing the broader immigration bill, both politically and procedurally, according to several media reports. The provision also sparked political concerns among some Senate Republicans, who worried the funding could make the...
World Cup gives North American transit a chance to shine - or be booed
World Cup gives North American transit a chance to shine - or be booed June 3 : The 2026 World Cup is soccer's biggest stage, and for some of North America's rail and bus operators it will be a critical audition. With airfares and gasoline prices rising, airport security lines stretching to infuriating lengths, and 104 World Cup matches in 16 cities spread across four time zones in the United States, Mexico and Canada, some ground transportation companies say they are warming up to win the...
Trumpiana: Who is the GOATest of them all?
Miffed at the Kennedy Center removing his name, Trump plasters his greatness everywhere!Wannabe ‘King Donald’ doesn’t need a mirror to tell him who is the greatest of them all. And his flattering courtiers are always there to endorse the boss who has ‘aced’ his cognitive tests with “a Perfect Score… four times in a row.” But the POTUS takes no chances.
Former Republican Senator who resigned after sexual harassment scandal dies at 93
Former Republican Senator who resigned after sexual harassment scandal dies at 93 Before the #MeToo era, Packwood stood out as an example of private behavior undermining a man’s public image - Bookmark - CommentsGo to comments Former Sen. Bob Packwood, an Oregon Republican whose career was defined by both significant legislative achievements and a dramatic downfall due to allegations of sexual harassment, has died at 93. His family announced his death on Saturday in an obituary sent to media...