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Trump Calls Himself a ‘Schmuck’ for Donating His Presidential Salary
President Trump complained that he gets “no credit” for the donations, though his family has done more to monetize the presidency than anyone who has ever occupied the White House.
NBA Draft Big Board: Peterson sits at top despite sitting out late in games
Peterson's penchant for taking himself out of games may concern some NBA scouts, but he's still the top prospect in the draft
Gov. Tim Walz faces tough political reality as he seeks to assert himself in final year in office
Republicans in the tied Minnesota House are already signaling opposition to the governor’s policy agenda, setting up early clashes as lawmakers returned to St. Paul this week.
Moderna got a win from the FDA, but political headwinds remain a concern for vaccine makers
The firestorm has highlighted the perilous environment that Moderna and other vaccine makers find themselves
Sports helped shape Jesse Jackson's career and inspired the ex-quarterback to fight for equal rights
The Rev. Jesse Jackson was an athlete from a young age, and throughout his life he immersed himself in the world of sports.
Miller Sports + Entertainment Announces Legacy Partnership with SME Industries
SANDY, UT (February 18, 2026) – Miller Sports + Entertainment (MSE) announced today a new legacy partnership with SME Industries, Inc. (SME) across the platform, including Real Salt Lake, Utah Royals FC, Salt Lake Bees and Megaplex. Together, the organizations will focus on community-driven experiences and initiatives fueled by the
Miller Sports + Entertainment Announces Legacy Partnership with SME Industries
SANDY, UT (February 18, 2026) – Miller Sports + Entertainment (MSE) announced today a new legacy partnership with SME Industries, Inc. (SME) across the platform, including Real Salt Lake, Utah Royals FC, Salt Lake Bees and Megaplex. Together, the organizations will focus on community-driven experiences and initiatives fueled by the
Miller Sports + Entertainment Announces Legacy Partnership with SME Industries
SANDY, UT (February 18, 2026) – Miller Sports + Entertainment (MSE) announced today a new legacy partnership with SME Industries, Inc. (SME) across the platform, including Real Salt Lake, Utah Royals FC, Salt Lake Bees and Megaplex. Together, the organizations will focus on community-driven experiences and initiatives fueled by the
Miller Sports + Entertainment Announces Legacy Partnership with SME Industries
SANDY, UT (February 18, 2026) – Miller Sports + Entertainment (MSE) announced today a new legacy partnership with SME Industries, Inc. (SME) across the platform, including Real Salt Lake, Utah Royals FC, Salt Lake Bees and Megaplex. Together, the organizations will focus on community-driven experiences and initiatives fueled by the
An Architect of Virginia’s Redistricting Will Run for a New Seat Himself
Dan Helmer, a Democratic state lawmaker, played a key role in putting redrawn congressional maps before state voters.
Jesse Jackson Jr.: Father ‘did not see himself as a politician’
Former Rep. Jesse Jackson Jr. (D-Ill.), the son of civil rights leader Rev. Jesse Jackson, said Tuesday that his father “did not see himself as a politician” but rather viewed politics as a vehicle…
Supreme Court adopts automated recusal software to avoid ethics conflicts
The Supreme Court said Tuesday that it will start using software to assist in justices’ decisions to recuse themselves from cases that present a potential conflict of interest.
Giants' Buster Posey sees similarities between himself, fellow player-turned-executive Andrew Luck
San Francisco Giants president of baseball operations Buster Posey said he sees similarities between himself and Stanford general manager Andrew Luck.
How some Democrats are using scripture to try to reach Christian voters in U.S. midterms
In some cases, the Democrats are themselves members of the clergy or studying to join it.
AI Is entering health care, and nurses are being asked to trust it
When alerts misfire or can’t explain themselves, nurses still carry the risk
When it comes to immigration, the Liberal party is putting politics ahead of social cohesion
You would think politicians promoting ‘Australian values’ would try to exhibit some themselves, including a ‘fair go’ for all
Maine business owner turns himself in after alleged shooting spree at CMP substations
There was a bizarre shooting spree Sunday morning at three Central Maine Power electrical substations in Kennebec County.
California's Unfinished Business | Helping lawmakers hold themselves accountable
CBS News California built a first-of-its-kind public accountability tool tracking state audit recommendations to lawmakers — detailing what lawmakers were told to fix, how audit-backed bills died, and...
California's Unfinished Business | Helping lawmakers hold themselves accountable
Man, woman shot at L.A. County business; suspect found dead with self-inflicted wound
A suspect turned a gun on himself following a shooting in Baldwin Park that left a man and woman in critical condition, police confirmed. On Monday, the Baldwin Park Police Department s…
Lessons a couple learned from building a tiny home for $33,000
Yeli Heidecker and her husband built her mom a tiny home themselves to cut costs. They love the space, but they learned a few lessons along the way.
One in three people carry this brain parasite but the body has a kill switch
A parasite that may already be hiding in your brain has a shocking survival trick: it can infect the very immune cells sent to destroy it. Yet most people never get sick, and new research from UVA Health reveals why. Scientists discovered that when Toxoplasma gondii invades CD8+ T cells — key defenders of the immune system — those cells can trigger a self-destruct mechanism powered by an enzyme called caspase-8. By sacrificing themselves, the infected cells also wipe out the parasite inside them.
Will 2026 Be the Year of the ‘Soonicorn’?
As venture capital funding pours into start-ups large and small, more firms are pitching themselves as the next big thing.
Motivated by last year’s loss, Brother Martin reaches semifinals for first time since 2013
Humiliated by how his team ended the season a year ago, Brother Martin’s Kaden Rossi walked off the field and made himself a promise: it wouldn’t happen again.
What are ghost lineages, remnants of the past that still exist in our DNA today?
Ghost lineages reveal themselves through ancient genes that still exist in living beings today.
Local entrepreneur finds sweet success with Mr. Sweets bakery business
Nic Ruffi, known as Mr. Sweets, is making a name for himself at his home bakery in central Wisconsin.
“Wow”: Neil Patrick Harris Hit With Barrage of U.S. Politics Questions at Berlin ‘Sunny Dancer’ Presser: “I’m Interested in Things That Are Apolitical”
Bella Ramsey, Este Haim, and filmmaker George Jacques arrived at the Berlinale presser with Harris on Friday morning, where the group were asked if cinema can help fight fascism.
Scientists used brain stimulation to make people more generous
A new study suggests that generosity may be more than a moral lesson—it could be shaped by how different parts of the brain work together. By gently stimulating two brain regions and syncing their activity, researchers found that people became more willing to share money with others, even when it meant earning less themselves.
Person shoots and kills himself at Colorado health clinic after firing numerous shots in Evergreen strip mall
Can our pets really say ‘I love you’? Science is finding out
Pet soundboards are allowing our four-legged friends to press buttons and express themselves in human language. But is it real? UC San Diego professor Federico Rossano shares his research into this social media phenomenon.
Supervillain: How Suns' Dillon Brooks powered up as a scorer
Nine years into his career, Brooks has reinvented himself in Phoenix
Vance: Olympians ‘not there to pop off about politics’
Vice President Vance thinks U.S. Olympic athletes should focus on competing for medals and keep their political opinions to themselves. “You’re not there to pop off about politics,̶…
Flavio Bolsonaro Courts Investors With Vague Pro-Business Pitch
Brazilian presidential hopeful Flavio Bolsonaro pitched himself as a market-friendly alternative to Luiz Inacio Lula da Silva at an event packed with investors Wednesday, but offered few specifics about his plans or how he’d achieve them.
6 years after political comeback, Biden faces cold shoulder from fellow Democrats
Biden's political influence wanes as Democratic candidates distance themselves from the former president ahead of 2024 races, marking a stark shift.
2025 US ACT on Health Equity Community Investments Recipients
Author: Kennesha VanBurch, Director, Health Equity and Community Investment Partnerships 2025 marks the fifth year of the US Accelerate Change Together (ACT) on Health Equity: Community Solutions Challenge (CSC) and National Strategic Collaborations (NSC). This year, we received more than 250 applications from organizations across the country dedicated to prioritizing the social, cultural and linguistic needs of communities that have experienced barriers to care and opportunity. The overwhelming response underscores the vital role these organizations play in advancing health equity at the local level and across the nation. Since the launch of ACT on Health Equity in 2021, the initiative has invested more than $18 million in nonprofit organizations and their health equity programming through CSC and NSC. This year, $3.4 million in funding has been provided to 47 nonprofit organizations that focus on healthcare access, nutrition and lung health. Together, we are making meaningful progress toward health equity across the US. Supporting Organizations Advancing Community Well-being and Health Equity The awarded organizations address critical needs across health, education, and social support through initiatives aligned with AstraZeneca’s areas of expertise, including lung disease, lung and breast cancer, and cardiology. Their work spans across culturally competent senior care, equitable healthcare access, cancer and chronic disease support, and preventive health education, as well as hunger relief, community gardening, dental and transportation services, and resources for underserved families. Together, they are working to remove barriers to care, reduce preventable conditions, and empower individuals and communities of all ages and backgrounds to achieve better health outcomes. Photo courtesy of Medical Motor Service of Rochester and Monroe County, Inc. Description: MMS driver speaking to a Wegmans shopper. GGWNY staff; Lincoln Memorial Church Community Garden and lead gardener Diane Learn more about our recipients and the impact they make within their communities below. Community Solutions Challenge Advocates for Women’s Health, Inc. Advocates for Women's Health exists to provide access to high quality prenatal care and gynecology care to lower-income communities in and around Fresno, CA. They operate a nonprofit OB/GYN clinic located in Fresno. American Rescue Workers (ARW) ARW is a faith-based, non-profit organization providing homelessness and hunger prevention services in Central PA since 1934. ARW cares holistically for men, women, and children who find themselves facing food insecurity, and emergency situations that may lead to homelessness, or an actual homeless crisis, by providing shelter and social services. ARW serves people no matter their faith, regardless of faith. Asian Americans Advancing Justice Southern California (AJSOCAL) AJSOCAL is a social justice organization that protects and strengthens the rights and dignity of AAPI communities, especially those that are most disadvantaged. Byrd Cancer Education and Advocacy (BCEA) BCEA’s mission is to effectively assist individuals battling cancer by connecting them to vital support and resources. BCEA ensures that all relevant information reaches those in need, guiding them towards the resources necessary to fight their battle against cancer. Catholic Charities of the Diocese of Santa Rosa Catholic Charities of the Diocese of Santa Rosa creates access to opportunities for self-sufficiency by providing innovative and compassionate services to people of all backgrounds, beliefs and cultures. Chosen Hearts Chosen Hearts’ mission is to rebuild lives and restore hope by fostering a sense of community and creating lasting, positive change. Columbia Student Medical Outreach The Columbia Student Medical Outreach Program (CoSMO) Clinic is the oldest and largest student-run free clinic at the Vagelos College of Physicians and Surgeons at Columbia University. At its core, CoSMO is guided by the belief that all people—regardless of immigration or insurance status—deserve access to high-quality, equitable medical care. Eagle’s Nest Community Kitchen and Resource Center and Mobile Pantry Eagle’s Nest Community Kitchen, Resource Center and Mobile Pantry’s mission is to empower underserved and rural communities through hands-on STEM education grounded in sustainable agriculture. By combining mobile workshops, community gardens, and mentorship, they deliver accessible training in science, technology, engineering, and math that builds practical skills, advances food security, and fosters environmental stewardship. Through collaborative partnerships and by honoring local knowledge, they cultivate resilient communities and inspire the next generation of agricultural innovators. eClose Institute eClose Institute’s mission is to make medically relevant scientific discoveries using an education platform that embraces equality and empowers participants to contribute ideas, life experience and experimental data to improve disease treatment. Equal Hope Equal Hope is an organization dedicated to saving lives and improving quality of life by eliminating health inequities. This organization challenges the status quo in striving to understand the context of people’s lives and the barriers they experience to help them achieve better health outcomes for their lives. Through research, quality assessment and improvements, advocacy, education, and patient navigation, they approach health holistically to achieve sustainable outcomes and true health equity. Food For Free Committee Food For Free improves access to healthy food through establishing innovative programming and partnerships to overcome barriers and strengthen the community food system. They believe that access to healthy food is a fundamental right. Grassroots Gardens of Western New York (GGRWNY) The missions of GGRWNY is to share knowledge, powers, and resources to grow health food, heal systemic harm, and strengthen neighborhood connections through community gardens. Greater Providence YMCA (GPYMCA) GPYMCA builds healthy spirit, mind, and body for all, through inclusive programs and relationships grounded in core values of caring, honesty, respect, and responsibility. Programs are intentionally designed to close equity gaps in health, education, and wellness. GPYMCA serves individuals and families across all life stages and income levels, including medically vulnerable and underserved populations. Hearts of Valor INC Hearts of Valor’s missions it to keep the heart pumping through advocacy, collaboration, education, and support. Ibn Sina Foundation Ibn Sina Foundation ensures the health of the community by providing integrated, preventive, and primary care in a clinical setting through the dissemination and application of health-related knowledge, thereby enhancing the quality of life for future generations. India Home India Home is a non-profit organization dedicated to addressing the needs of and empowering the South Asian and Indo-Caribbean senior immigrant community in New York City through culturally competent services. At India Home’s centers, seniors find community and resources through a diverse range of programs and activities. Programs include congregate meals, creative aging programs, case management programs, and educational talks on health, nutrition, financial safeguards and elder law. La Colaborativa La Colaborativa empowers the Latinx community, enhancing social and economic health, and holding institutional decision-makers accountable. Lancaster County Food Hub At the heart of the Lancaster County Food Hub’s (LCFH) work is a strong commitment to meeting basic human needs, fostering respectful relationships, and connecting neighbors with supportive services in a nurturing and welcoming environment. Guided by their vision of a Lancaster County where every individual is supported and empowered to live with dignity and stability, they strive to not only provide immediate relief but also to create pathways to lasting self-sufficiency. Maryland Foundation of Dentistry (MFD) MFD is dedicated to improving oral health outcomes and preserving dental function for one of the state’s most vulnerable populations: adults with intellectual, physical, and/or developmental disabilities who are unable to afford the cost of dental care. Maternity Care Coalition (MCC) The missions of MCC is to improve the health and well-being of pregnant women and parenting families and enhance school readiness for children 0-3. MCC achieves this through direct service, advocacy, and research, in collaboration with individuals, families, providers, and communities. Medical Motor Service of Rochester and Monroe County, Inc. Medical Motor Service of Rochester and Monroe County’s mission is to provide specialized transportation for community organizations, as well as individuals with disabilities and special needs to improve their independence and quality of life. Milwaukee Consortium for Hmong Health (MCHH) MCHH’s mission is to create a thriving and healthy Southeast Asian and Hispanic community by empowering families through education and screenings. MCHH utilizes established community health workers and focuses on addressing health disparities related to cancer and chronic disease among the Hmong, Bumese, Karen, Karenni, Lao, and Hispanic populations living in Milwaukee, WI and other areas if needed. Mission Hospice and Home Care Mission Hospice and Home Care is delivering compassionate support and exceptional care in the home for individuals and communities, guiding them with choice and dignity to navigate significant care decisions. North Alabama AHEC (NAAHEC) The mission of the NAAHEC is to improve healthcare access, quality, and equity in rural and underserved communities across North Alabama. They strengthen the health workforce - particularly through the development of community health workers by providing comprehensive training, resources, and advocacy. By fostering strong community partnerships and promoting healthcare literacy, NAAHEC aims to address disparities, improve outcomes, and cultivate a healthier future for North Alabama. Our Neighbors’ Table Hunger comes in many forms. Our Neighbors’ Table is committed to establishing a community that provides for the whole person with nourishing food, kindness and dignity. Panhandle Breast Health Panhandle Breast Health works to decrease breast cancer deaths by providing education and reducing financial barriers to increase screening rates. Pitney Meadows Community Farm Founded in 2026, Pitney Meadows Community Farm’s mission is to celebrate and explore agricultural education, healthy food production, and recreation. Located on 166 acres in the heart of the city of Saratoga Springs and preserved in perpetuity as a working farm, Pitney Meadows is a unique resource. Prince William County Community Foundation (PWCCF) PWCCF’s mission is to create a stronger, healthier, and more connected community by addressing critical needs in food insecurity, health & wellness, scholarship, and philanthropy. PWCCF is committed to empowering individuals and families through equitable access to nutritious food, comprehensive healthcare, educational opportunities, and community-driven support. By fostering partnerships and promoting sustainable solutions, PWCCF aims to enhance the quality of life for all, ensuring a brighter future for every member of their community. Raytown Christian Church (Raytown Summer Lunch Ministry) Raytown Summer Lunch Ministry’s mission is to provide nutritious and kid-friendly meals to children during the summer months when they are not in school and receiving school meals. Regents of the University of California, Davis UC Davis Health is improving lives and transforming health care by providing excellent patient care, conducting groundbreaking research, fostering innovative, interprofessional education, and creating dynamic, productive partnerships with the community. RSVP Volunteers RSVP Volunteers creates and runs unique community programs powered by skilled volunteers to advance education and wellness for all ages and strengthen nonprofits through capacity-building and volunteer services. Second Harvest Food Bank of Orange County Second Harvest Food Bank of Orange County, in collaboration with partners, provides dignified, equitable and consistent access to nutritious food, creating a foundation for community health. The Icla da Silva Foundation The mission of the Icla da Silva Foundation is to save the lives of patients whose only cure is a bone marrow transplant by providing financial, emotional, and logistical support to remove barriers to treatment. There With Care of the Bay Area Founded in 2012, the mission of There With Care of the Bay Area is to provide a wide range of meaningful and fundamental services to children and families during the critical phase of a medical crisis. Universal Community Health Center Universal Community Health Center’s mission is to provide quality and accessible healthcare to under-served communities and to provide a patient centered model of care to empower communities towards wellness. West Cancer Foundation West Cancer Foundation breaks through barriers to cancer care and improves patient outcomes by providing accessible patient resources, early detection and education, and community-based research. Westside Family Healthcare Westside Family Healthcare’s mission is to improve the health of communities by providing equal access to quality healthcare, regardless of ability to pay. National Strategic Collaborations Foundation of Asthma and Allergy Impact Rescue (AAIR) The mission of The Foundation for Asthma and Allergy Impact and Rescue (AAIR) is to make sure that every child is rescued at school, healthy at home, and connected to care. Family Reach Foundation Family Reach is a nonprofit that provides non-medical financial support to families facing cancer. Cancer treatment requires more than medicine — families need a roof over their heads and food on their tables to survive. If a family can’t meet these basic needs, cancer treatment takes a back seat. They work with patients, providers, and community organizations to challenge the systems that force families to choose between their health and their home. LUNGevity Foundation LUNGevity Foundation is transforming what it means to be diagnosed and live with lung cancer through research, advocacy, and community. This mission brings them closer to their vision: a world where no one dies of lung cancer. Association of Black Cardiologists The Association of Black Cardiologists is dedicated to preventing and treating cardiovascular disease, including stroke, through education, research, advocacy, and community engagement, striving for optimal health for all by eliminating disparities. Cholangiocarcinoma Foundation (CCF) The Cholangiocarcinoma Foundation’s (CCF) mission is to find a cure and improve the quality of life for those affected by cholangiocarcinoma (bile duct cancer). Founded in 2006, in Salt Lake City, UT, by a family who lost a loved one to cholangiocarcinoma, CCF has grown to become the leading global resource in research, education, and public awareness. ZERO Prostate Cancer Zero Prostate Cancer’s mission is to improve and save lives from prostate cancer through advocacy, awareness, education, and support. GO2 for Lung Cancer GO2 for Lung Cancer relentlessly confronts lung cancer on every front, every day, for everyone. As the nation’s leading lung cancer advocacy organization that was founded by patients and survivors, they are dedicated to increasing survival and quality of life for those at risk, diagnosed, and living with lung cancer. National Minority Quality Forum The National Minority Quality Forum (NMQF) is a national 501(c)(3) with a mission to reduce patient risk for all. Young Survival Coalition (Breast) Young Survival Coalition supports the young breast cancer community and ignites global collaboration to improve quality of life worldwide. Black Women’s Health Imperative Black Women’s Health Imperative’s mission is to solve the most critical health issues that Black women and girls face through innovative programs, transformative research, and lifesaving policies.
US restaurants targeted for opposing ICE: ‘I refuse to cook for fascists’
Restaurants face one-star reviews and less business in an already precarious industry. Some restaurateurs fear speaking out as immigrants themselves
Google expands tools to let users remove sensitive data about themselves from Search
Users will be able to more easily request the removal of results that include private information or non-consensual explicit imagery.
Players Era NIL Payments Stalled in College Sports Commission Review
What remains unclear is the extent to which these delays are attributable to Players Era, the CSC, or the schools themselves.
This tiny organism refused to die under Mars-like conditions
Baker’s yeast isn’t just useful in the kitchen — it may also be built for space. Researchers found that yeast cells can survive intense shock waves and toxic chemicals similar to those on Mars. The cells protect themselves by forming special stress-response structures that help them endure extreme conditions. This resilience could make yeast a powerful model for astrobiology and future space missions.
Super Bowl ads try to overcome tough times with health, caring and the usual laughs
At a difficult time for America, Super Bowl advertisers ask viewers to take care of themselves and others — and maybe even crack a smile.
Super Bowl ads try to overcome tough times with health, caring and the usual laughs
At a difficult time for America, Super Bowl advertisers are asking viewers to take care of themselves and others — and maybe even crack a smile.
Super Bowl Ads Try to Overcome Tough Times With Health, Caring and the Usual Laughs
At a difficult time for America, Super Bowl advertisers ask viewers to take care of themselves and others — and maybe even crack a smile. Ring shows how neighbors can use their doorbell cameras to find lost pets. A Budweiser Clydesdale protects a bald eagle chick from the rain. Novartis touts a ...
Politicians ‘don’t live how we live’, voters tell me. The Mandelson scandal won’t change their minds
Whoever succeeds Keir Starmer will have an almost impossible task: convincing voters that politicians will serve the people, not themselves, says Guardian columnist John Harris
Reaction to Trump’s Racist Post Shows He Is Not Always Immune to Politics
With the midterm elections nearing, President Trump has found himself in the uncomfortable position of backtracking, even if only by degrees, at key moments.
Virginians urged to take care of mental health during winter weather
The Virginia Department of Health (VDH) is urging Virginians to take care of themselves and loved ones during winter weather.
He Built A Million-Dollar Business, Then Stopped Filing Taxes — Dave Ramsey Says '2,561 People Went To Jail Last Year' For That'
Early success can mask slow-moving financial disasters until they are impossible to ignore. Carlos called "The Ramsey Show,” saying his janitorial business grew into a million-dollar operation before years of unfiled tax returns, unpaid payroll taxes, and mounting debt left him considering bankruptcy. "I haven't filed taxes since 2017 or 2018," he told personal finance expert Dave Ramsey, saying he also has not paid payroll taxes since that time. Don't Miss: Fast Company Calls It a ‘Groundbreaki
Opinion | Peter Attia, the Epstein Files and the Lie Propping Up Big Wellness
Health influencers sell themselves as iconoclasts, but many have cozy, uncritical relationships with the rich and powerful.
Opinion | Lincoln as you’ve never known him
Matthew Pinsker reveals how the 16th president carefully built a partisan base essential to his rise.
Phillies invite 2 intriguing players to spring training
As the Phillies craft their 2026 plans, two non-roster invitees will have an opportunity to prove themselves at spring training.
Analysis: Trump’s quest to name things after himself takes an even more desperate turn
Donald Trump’s insatiable desire to name things after himself has been clear for a very long time. And as president, he’s rapidly pushed the envelope in that regard, naming things after himself in ways it appears no previous president ever has.
San Diego County health officials urge measles vaccinations amid nationwide surge
County health officials Thursday urged residents to protect themselves from measles by vaccinating as cases surge across the country, including local cases in Los Angeles and Orange counties.
'You're Not Daddy. Daddy's Gone,' Dave Ramsey Says After 46-Year-Old Sells Business For $1.23M And Fears Family Will Come For The Money
A 46-year-old who sold his business for $1.23 million is worried about how family members will react to the money. The caller, John, told "The Ramsey Show" that he recently sold a construction services business he inherited from his late father and now feels torn between protecting the proceeds and managing family expectations. He said his father died 12 years ago, leaving him sole ownership of the company. After rebuilding the business, he completed the sale and is now preparing to sell his hom
How Italy’s most polarizing politician hitched his comeback to the Winter Olympics
Matteo Salvini is betting on the infrastructure boost the Games will provide to reassert himself on the national stage, but it may not be that simple.
Muslims Move to Assert Political Power in New York City
Zohran Mamdani’s ascension to mayor has given Muslim organizers and faith leaders the impetus to insert themselves into more formal political alliances and networks.
Taylor Momsen gets candid on a 'Grinch' sequel with Jim Carrey
Monumental Sports & Entertainment Unveils “The Halo” At Reinvented Capital One Arena
Monumental Sports & Entertainment (MSE) unveiled The Halo, a multi-level hospitality space for nearly 4,500 venue guests at the 10,000-capacity Capital
If you want to win over Supreme Court justices, quote Antonin Scalia
Justice Antonin Scalia’s sudden death 10 years ago this month reordered the Supreme Court, presidential politics and, as seen at the court today, invigorated the status of the man himself.
How college sports juiced Olympic development : The Indicator from Planet Money
How did the U.S. become the Olympic powerhouse it is today? Cold War competition. The Soviet Union sponsored their athletes. But America wanted its athletes to pull themselves up by their bootstraps. It birthed an unexpected accelerator of Olympic development: College football. Stay with us now.On today’s show, how college football became an Olympic development engine. And how that engine might not be running as smoothly as it once did.Related episodes: Why the Olympics cost so muchYou can't spell Olympics without IPA huge EU-India deal, Heated Rivalry, and a hefty $200k to OlympiansWhy Host The Olympics?The monetization of college sportsFor sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org. Fact-checking by Sierra Juarez. Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.
Cavs newcomers shine in 124-91 win over Clippers
Schroder and Ellis made themselves right at home with the Cavs.
Jeanine Pirro faces pushback over comment about guns in DC
Comments from top officials in the Trump administration and Trump himself about guns similarly angered such groups last month
Patriots' rookies ready to take on sport's biggest stage as they prepare for Super Bowl
More than half of New England's players had never played in a postseason game before last month, and they now find themselves on the biggest stage in sports.
India Walton Will Return to Politics to Oppose Hochul as Delgado’s No. 2
Lt. Gov. Antonio Delgado’s choice of Ms. Walton may strengthen his bid to position himself as a left-leaning alternative to Gov. Kathy Hochul of New York.
IndyCar tabs Monumental Sports & Entertainment as marketing, hospitality agency for Freedom 250 GP
Monumental Sports & Entertainment has been signed to “serve as the official marketing, sponsorships and corporate hospitality sales agency” for the Freedom 250 Grand Prix of Washington D.C., according to the IndyCar Series. MSE owns the Washington Wizards NBA team, the Washington Mystics WNBA team, the Washington Capitals NHL team,...
New poll shows 45% of US voters identify as independents, shifting away from major political parties
A growing share of Americans are distancing themselves from both major political parties, a trend that's reshaping the electoral landscape.
Pittsburgh Steelers Trade Idea Sends Jalen Ramsey to Dallas Cowboys
The Pittsburgh Steelers will have to decide what they want to do in the offseason, and few names are more interesting in trade talks than Jalen Ramsey, whose experience continues to make him a popular name in trade talks.
Newsom’s anti-Trump public health platform
Click in for more news from The Hill{beacon} Health Care Health Care The Big Story Newsom’s anti-Trump public health platform California Gov. Gavin Newsom (D) has positioned himself a…
Jelly Roll admits 'dumb redneck' status when pushed on politics after bringing God to Grammys stage
Jelly Roll praised Jesus at the Grammy Awards, but avoided political talk, and called himself a "dumb redneck" who stays disconnected from current news and events.
Companies are ditching business with ICE
The backlash against ICE has grown beyond US borders, with companies taking action to distance themselves from the federal agency.
Companies are ditching business with ICE
The backlash against ICE has grown beyond US borders, with companies taking action to distance themselves from the federal agency.
LSU QB Garrett Nussmeier the big winner at Senior Bowl
Nussmeier likely entered Senior Bowl week with a day three grade, but he might have gotten himself into the day two discussion now.
Avalanche eager to regain footing in encounter vs. Red Wings
After beginning January on a historic pace, the Colorado Avalanche find themselves stumbling as they wrap up the month at the Detroit Red Wings on Saturday afternoon.
'ChatGPT saved my life.' How patients, and doctors, are using AI to make a diagnosis
Hundreds of millions of people are turning to chatbots to help figure out what's wrong with them. Doctors say that's not always a bad thing. In fact, many are using it themselves.
International Companies Doing Business With ICE Are Taking Heat
A number of companies have found themselves facing questions about their work with Immigration and Customs Enforcement amid the agency’s intense operation in Minnesota.
A Business Owner Is Getting Divorced, Asks Dave Ramsey If He'll Lose The Business. 'She's Actually 98% Owner Of The Business And I'm 2% Owner'
A Texas business owner is facing a painful split, not just from his wife, but potentially from the company he helped build. He says he’s done almost all the work since 2021, but legally owns just 2% of the business. His wife holds the other 98%, a structure their accountant recommended for tax reasons. Divorce And Ownership Don't Match Up Manny, who shared his story on the “EntreLeadership” podcast recently with personal finance expert Dave Ramsey, said, “She’s actually 98% owner of the business
Small Business Promotion Week: WashSmart Laundry
You won’t find any coins at this laundromat. WashSmart Laundry in North Arlington prides themselves not only on being coinless, but they also offer the latest high-powered, energy-efficient washers and dryers that not only clean faster but leave clothes “feeling softer.”
How widespread sports betting affects NFL players: ‘People have said they’d kill me’
We asked NFL players about their interactions with sports bettors and fantasy players — and whether they participate themselves.
How Stephen Miller micromanages Trump’s immigration policies
Stephen Miller has sought this week to distance himself from the recent fatal shootings in Minneapolis and the administration’s miscalculated response. But more than anyone, Miller has been the overall architect of Trump’s aggressive deportation push, encouraging heavy-handed operations in blue cities, and urging agencies to cast a wide net to meet hefty arrest quotas.
Washington Capitals and Monumental Sports & Entertainment Pride Auction Raises $30,485
Proceeds benefit the Wanda Alston Foundation, with a portion of funds allocated for MSE Foundation
Investment and Statecraft: The International Politics of Sovereign Wealth Funds - Georgetown Journal of International Affairs
In 1953, Kuwait established the world’s first sovereign wealth fund to invest the country’s oil revenues and generate returns that would reduce its reliance on a single resource. Since then, over 100 separate funds have been created to preserve national wealth and ensure long-term fiscal sustainability. Today, they manage over $10 trillion in global assets. In this discussion with GJIA, political economist Kathryn Lavelle explains the increasingly novel dynamics that surround fund behavior and what the world can come to expect from their growing presence in international financial markets. GJIA: When it comes to the roles sovereign wealth funds (SWFs) play in global markets and politics, what would you say makes them unique? Kathryn Lavelle: Sovereign wealth funds (SWFs) operate on behalf of governments as investors. That in itself is a strange relationship. Within them, a core contest takes place between the state’s interests (or sovereign) part of the dynamic, and the money interests (or wealth) part of it, and these two aspects are frequently in contradiction, serving fundamentally different goals. SWFs are also quite fascinating because when you talk to the people who manage these funds, they have an interest in convincing you that the decisions are made almost exclusively on a financial basis—they really will go to great lengths to differentiate their government owners and those who make the management decisions. At the same time, these people ultimately answer to someone in power. Therefore, for most SWFs, it remains deeply unclear who is actually making the investment decisions and for what purposes. Of course, it is not always clear how other vehicles, such as hedge funds and private equity make the decisions they do, but I think what a lot of people find particularly disconcerting about SWFs is that they seem to act on behalf of people who have a different identity from their own. People who could be trying to manipulate politics and markets in a way that would have a long-term effect on their own populations. Regular investors come and go at will, and they only share an interest in profit as far as most of us understand. However, SWFs have that extra “sovereign” part right behind them that obscures their true interest. GJIA: These funds can be found in countries all across the globe, in both authoritarian states and democracies. Would you say SWFs differ in their goals and structures between regime-type? KL: It is not necessarily regime type that makes the goals and structures of SWFs different. It has to do with their economies. Let’s look at a country like China. There’s going to be a debate about exactly how to characterize the regime, but it is a country with many different kinds of sovereign wealth funds, and a particularly opaque state connection to each. At one time, some of the state-owned Chinese oil companies created specialized investment vehicles listed outside Chinese markets that excluded parts of the firms that were more associated with human rights violations. At the same time, the China Investment Corporation (CIC)—China’s largest SWF—draws a lot of concern, not necessarily because of its investment activities, but because of the dynamics of global politics. So, I wouldn’t really tie differences to regime types themselves in a wholesale way, but rather to how such funds are perceived and how they are structured. Saudi Arabia’s SWF is getting all kinds of attention for its involvement in Hollywood, and this takes me right back to when I was a student in the 1980s, when people were concerned about Japanese investment entities buying assets in Hollywood. They aren’t quite the same in financial terms, but it’s the same kind of concern about foreign investment that drives people to be suspicious, and the whole idea that “foreigners are influencing Hollywood.” This holds true across industries, and it reflects where politics are in places like the United States right now. One metric we can try to look at is transparency, where all the funds will tell you, “we are transparent.” The problem you’ll keep running into with this approach is how you value things. When trying to do comparative studies of equity markets, you’ll find that every country doesn’t use Generally Accepted Accounting Principles like we do in the United States. A fund may appear opaque politically and not want people to show what they’re invested in or what their intent with that investment is, but they could also just not be able to report it because of the way it was purchased, or the kinds of shares they purchased. There are some assets out there that really are difficult to put a monetary value on. GJIA: To what extent do domestic politics shape SWF behavior in both the investing “home” country and the recipient “host” country? KL: This depends on the type of fund present and also on the extent to which voters’ political views are able to influence the fund. For example, in a democratic home state like Norway, the SWF doesn’t invest in nuclear weapons or tobacco because of social concerns, but there is a continuing debate over whether it should invest in oil, even though that’s where most of the money comes from. The degree to which Norway will continue to make those investments, and whether they contradict the government’s overall climate goals, is an open question in Norwegian politics. Because of the way the fund’s governance is structured, it may not be easy to resolve. On the other hand, some people consider pension funds, like the State Teachers Retirement System (STRS) in Ohio, to be quasi-SWF. They have a very strict separation between the people who make up the management division and the fund owners. No teacher or professor would want to invest in things that may harm the future of their students. At the same time, a fund manager might see an opportunity in a diversified multinational corporation that offers a good return, despite it deriving part of its revenue from e-cigarettes. These contests are very apparent. Domestic politics can work in host countries too. A good example is Singapore’s SWF, Temasek, investing in Thailand’s telecommunications sector. If you study political economy, you already know that countries everywhere are uncomfortable with foreign ownership of their telecom sectors because a foreign entity could monitor or manipulate our communications with each other. In the case of Temasek, there was significant pushback from Thai citizens surrounding the deal, which went on to influence national political sentiment toward Singapore as a whole, underscoring the risks some SWFs may face with their investment choices. In this case, fund behavior led to the dissolution of the entire Thai government in 2006 and a subsequent coup d’état. GJIA: To address some of this unease, the Santiago Principles were established in 2009 to ostensibly promote trust and transparency. From your perspective, have these mechanisms actually changed fund behavior? KL: In international relations theory, we always like to have a clear set of norms and best practices—the orientation we want the proverbial ship to be going in. In that regard, the Santiago Principles at least got the discussion going about which direction SWFs should take at a time when people were very skittish about the growing size of these funds. Nobody wanted them to be out there and potentially destabilizing economies, so talks about disclosure, conditions for withdrawal, and the independence of managers were helpful when initiated. The biggest stumbling block was that there wasn’t exactly a good way to measure compliance with the Principles, let alone how to hold funds to them. If you read the Principles, they’re overall quite vague. In general, a fund doesn’t want to reveal how and why they make certain investment decisions because that information is proprietary—a fund makes money off of how and why it makes decisions—so how do you reconcile that with loosely-defined ideas of openness? Some decisions might have a political purpose. The bottom line is that trying to figure out and assign a score to compliance is not easy, and it is therefore the reason why the Santiago Principles never really got off the ground to the point where they could truly direct fund behavior. GJIA: Many emerging markets are looking to build their own SWFs from mineral and oil revenues. Historically, have funds shaped development trajectories in these countries? KL: I think the big story in international emerging markets investment is that the investment is increasingly no longer unidirectional. In the past multinational corporations of primarily Western background were the main form of foreign direct investment in a country. That has changed dramatically, to the point where you have companies from so-called “developing countries” taking over companies in the United States. Therefore, the landscape of international investment has changed, and I think SWFs are certainly a possibility to be the next step in the game. Historically, you didn’t need an entire financial vehicle to reinvest commodity revenues in your country, but as emerging markets get more financially sophisticated, their capacity to operate such funds has increased. SWFs would allow treasuries to move from relying on holding foreign exchange assets like cash or government bonds to having broader financial markets and targeted growth areas, while easing pressure on welfare expenditures. GJIA: With their increasing financial weight, do you see the presence of SWFs being a factor in the political choices leaders will have to make with regard to domestic and foreign policy? KL: It will depend on just how big the funds get. One of the reasons people are already apprehensive is because of their scale, and if certain SWFs in certain countries achieve a large-enough size, the presence will absolutely be cause for concern. The other factor political leaders will have to consider are their objectives. It’s not always clear how to define a SWF, or even where its activity is concentrated, but it is certainly a worry from the perspective of national security of opaque external investment. More than that, I think one of the most interesting questions going forward is whether the United States, the home to the world’s largest financial markets, will develop its own fund, for which the Trump administration announced a plan. There have also been several proposals in Congress. Were it to come into being, it would have tremendous weight. At the same time, one of the hallmarks of U.S. capitalism is a lack of government ownership of shares, so it would not be clear how such a fund would be received in domestic politics, or which direction it would take. Given how politically fragmented the country is, a Democratic administration would likely be concerned about different sectors of the economy, such as healthcare, and want investment there, rather than a Republican administration, which might prefer defense industries. No investment vehicle could thrive under conditions of such instability. Moreover, it remains unclear where the money to fund a theoretical U.S. SWF would come from. It would be a fundamentally different entity depending on whether it is financed with debt, economic surplus, commodities, or the sale of state companies, as in the case of Singapore. If it is debt, or government borrowing of some form, then the fund would have to outperform whatever the cost of that debt is, which is not an easy thing to do. I think our political leaders have enough on their plate. Our system has worked well keeping political and investment functions generally separate. We have seen different forms of business rise and fall, and even the perception of different countries, all of which funds are tied to. Unless a major SWF either starts—like in the case of the United States—or collapses—an issue that concerns the Saudis, I don’t see any political tsunamis on the horizon. . . . Kathryn Lavelle is the Ellen and Dixon Long Professor of World Affairs at Case Western Reserve University in Cleveland, Ohio. Her research explores the exchange between domestic and international and political institutions with a particular emphasis on political economy and multilateralism. Dr. Lavelle’s first book, The Politics of Equity Finance in Emerging Markets, explored the political circumstances that surround large issues of stock in the developing world. After being granted tenure at Case Western, she was awarded an American Political Science Association Congressional Fellowship and named the William A. Steiger fellow, a designation given to the most promising political scientist in her class of fellows. While in Washington during 2006-2007, she worked on the staff of the House Committee on Financial Services on issues related to domestic and international monetary policy. Dr. Lavelle holds a PhD in political science from Northwestern University; an M.A. in government and foreign affairs from the University of Virginia; and a bachelor’s degree in international economics from Georgetown University. She is a permanent member of the New York Council on Foreign Relations. This transcript has been lightly edited for clarity and length. Interview conducted by Sid Mehrotra. Image Credit: Jason Leung, Unsplash Content Licenses, via Unsplash
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