Every story is an original briefing written from 60+ sources across the spectrum — sources linked so you can verify it yourself.
economy
5
1h ago
3 min read
Subchapter V small business bankruptcy filings hit 1,663 in the first half of 2026, up from 1,107 a year earlier, according to the American Bankruptcy Institute. Higher borrowing costs and rising prices are squeezing small operators even as a permanent 20% small business tax deduction took effect in 2025.
economy
4
1h ago
3 min read
Eurostat's June 2025 figures show a massive gap in youth joblessness across the EU, from 6.2% in Malta to 26.9% in Estonia, with the bloc-wide average holding at 14.8%. Southern European economies like Spain and Italy remain chronically stuck near the top, while economists point to labor rules and skills mismatches, not just weak growth, as the real culprits.
economy
6
1h ago
3 min read
The 21st Century ROAD to Housing Act became law after President Trump let the deadline pass without signing or vetoing it. The bill targets zoning red tape, permitting delays and large institutional investors, but economists say don't expect cheaper homes this year or next.
economy
6
3h ago
3 min read
Amazon has cut more than 57,000 corporate jobs since 2022, about 16% of its white-collar workforce, and laid-off staff are finding a tech job market flooded with competitors from Meta, Salesforce and Cisco. CEO Andy Jassy says AI efficiency gains will keep shrinking headcount, and the numbers back him up: tech has shed roughly 140,000 U.S. jobs so far this year, more than any other sector.
defense
Sponsored
7
Jun 22
1 min read
The Pentagon's CMMC program went live November 10, 2025, and Phase 2 mandatory third-party certifications begin November 10, 2026. Thousands of defense contractors who cleared their initial assessment are now exposed to a quieter risk: the gap between passing once and proving continuous compliance every day after. That gap has legal teeth.
economy
2
4h ago
3 min read
Fiesta Village Family Fun Park in Colton, California closes for good after its final public days on July 10 and 11, 2026. Owners Michelle and Patrick O'Brien say rising operating costs and shrinking attendance made the more-than-50-year-old park unsustainable, and a buyer never materialized.
economy
3
4h ago
3 min read
GameStop is charging as much as $600 for a Pokémon Ultra-Premium Collection that historically retails for around $120, and $170 for an Elite Trainer Box that lists for $55 elsewhere. Nintendo president Shuntaro Furukawa says the company will address high-priced reselling in the Pokémon card market, but GameStop's markups come from the retailer itself, not scalpers.
economy
4
8h ago
3 min read
Since our July 11 coverage established that AltaMed Health Services paid its CEO family $32 million since 2001, a new layer of detail has surfaced: the organization runs a split-dollar life insurance loan program that channeled substantial loans to a small group of senior executives. The arrangement is legal, but it adds a concrete financial mechanism to the broader accountability question surrounding billion-dollar nonprofits that answer to no shareholders.
economy
5
9h ago
3 min read
AltaMed Health Services, one of the nation's largest federally qualified health center systems, reported $1.72 billion in revenue in 2024 while operating under nonprofit tax exemptions funded largely by taxpayers. Since 2001, CEO Castulo de la Rocha, his wife, and one of their sons have collectively received more than $32 million in compensation from the organization. The arrangement is drawing scrutiny because nonprofit governance was never designed to oversee entities of this scale.
economy
8
10h ago
3 min read
Since the U.S.-Iran Memorandum of Understanding was signed roughly three weeks ago, Washington has now violated the clause explicitly prohibiting new sanctions, targeting Ali Ansari and 13 other individuals and entities tied to Supreme Leader Mojtaba Khamenei's financial network. Iran's Foreign Minister Abbas Araqchi says his country has kept its word and is warning that mutual compliance is the only path forward. The MOU is, at minimum, functionally suspended.
economy
6
12h ago
4 min read
Mayor Zohran Mamdani's administration finalized a rule requiring companies to let New York City subscribers cancel as easily as they sign up, with enforcement beginning October 1. The rule fills a federal gap left when the FTC's national version was vacated in July 2025. A companion junk fees proposal, which could reshape how landlords and retailers advertise prices, goes to public comment August 7.
economy
7
12h ago
3 min read
StubHub markets itself as a fan-to-fan ticket marketplace, but SEC filings show CEO Eric Baker is part owner and managing director of Andro Capital, a fund that sells millions of dollars in tickets on StubHub. The company also partners with Andro affiliate Colloquy Capital, which bankrolls other large-scale resellers on the same platform. StubHub processed $9.2 billion in ticket transactions in 2025 while facing active investigations and two proposed class-action lawsuits.
economy
7
13h ago
3 min read
The $4.7 billion Gordie Howe International Bridge connecting Detroit and Windsor, Ontario, is scheduled to open July 27 after the U.S. and Canada agreed to split toll profits and give the U.S. veto power over toll increases. Canada gave up its original arrangement, under which it was to collect 100% of toll revenue until recouping its full construction investment. The deal resolves a months-long standoff that began when President Trump threatened in February to block the bridge's opening.
economy
6
14h ago
4 min read
A Center for Immigration Studies analysis by research director Steven Camarota found that 47 percent of noncitizen-headed households use at least one traditional welfare program, compared to 28 percent of U.S.-born households. The gap widens further when refundable tax credits are included. The findings challenge the common claim that noncitizens receive little to no public benefits.
economy
7
15h ago
4 min read
On July 9, 2026, EPA Administrator Lee Zeldin unveiled a proposal to eliminate diesel deratements entirely for newly manufactured vehicles, scale back 2023 Biden-era emissions warranty requirements, and give manufacturers more lead time on NOx compliance. The agency estimates savings of up to $6,000 per new heavy-duty truck, totaling $12 billion across the industry. The proposal is open for public comment and would not take effect until 2027 if finalized.
economy
8
16h ago
4 min read
The Commerce Department moved the UAE into a preferred export control tier on Friday, eliminating licensing requirements for advanced AI chips, servers, and certain military equipment. The rule, set for official Federal Register publication on July 14, also singles out UAE-backed investment firm MGX for favorable treatment. Senator Elizabeth Warren called it corrupt, citing MGX's financial ties to a Trump family crypto venture.
economy
6
19h ago
4 min read
Code Louisville trained roughly 1,400 residents for tech jobs at its peak, placing them in a market that once had 2,000 open entry-level roles. That market has collapsed. The program closes in August, and the question of who fills the reskilling vacuum — employers, government, or workers themselves — has no settled answer.
economy
8
20h ago
4 min read
Four senators from both parties announced July 10 that they have agreed with the Trump administration on a version of the Sanctioning Russia Act, clearing what Graham called a path to it becoming law. The bill would let Trump hit countries that buy Russian oil, gas, and uranium with heavy tariffs. Senate floor time is still not guaranteed, and Trump himself has not publicly endorsed the legislation.
economy
6
21h ago
4 min read
Inflation is running at its highest rate in three years, and where you live determines how hard it hits. New York and Illinois top the most-expensive list while Ohio and Missouri offer genuine relief. Federal Reserve Chairman Kevin Warsh called inflation 'the most regressive tax anyone in Washington could come up with,' and the numbers back him up.
economy
7
1d ago
3 min read
Volkswagen's sales dropped 8.6%, and the company is now moving to reduce the number of brands it operates alongside plans to slash its model lineup. The cuts reflect sustained pressure from cheaper Chinese electric vehicles, weak European demand, and a cost structure the company can no longer afford.
economy
6
1d ago
3 min read
Converting empty office towers into apartments sounds like a clean policy fix for the housing shortage. The engineering, financial, and regulatory reality is considerably messier. A recent construction scare in New York put the complications on public display.