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ICYMI Cruz in USA Today: Congress must fix college sports before it's too late - U.S. Senate Committee on Commerce, Science, & Transportation
WASHINGTON, D.C. – U.S. Senate Commerce Committee Chairman Ted Cruz (R-Texas) published an op-ed in USA Today emphasizing how the Protect College Sports Act, a bipartisan bill introduced with Ranking Member Maria Cantwell (D-Wash.), is the best legislative solution to stabilize college athletics for future generations. In the op-ed, Chairman Cruz argues that without congressional action, college athletics could be reduced to a super league dominated by the wealthiest […]
Jayapal, Markey Introduce Updated Legislation to Set Strong Guardrails for Private Equity in Healthcare
Washington (July 23, 2026) – Congresswoman Pramila Jayapal (WA-07) and Senator Edward J. Markey (D-Mass.) today reintroduced the Health Over Wealth Act, legislation that would require greater transparency into private equity firms and for-profit companies that own healthcare entities, including hospitals, nursing homes, and mental or behavioral health facilities. The legislation would put safeguards in place to […]
Ranking Members Markey, Velázquez Push to Roll Back Trump Administration’s Discriminatory SBA Lending Policy that Blocks Immigrant Entrepreneurs from Pursuing the American Dream
Bicameral resolution would rescind Trump administration policy banning green card holders from accessing SBA loans Resolution Text (PDF) | One-Pager (PDF) (Washington, July 23) – Ranking Member Edward J. Markey (D-Mass.) and House Small Business Committee Ranking Member Nydia M. Velázquez (D-NY-7) today introduced a Congressional Review Act (CRA) resolution to rescind the Trump administration’s policy that bans green card holders from accessing essential Small Business Administration (SBA) loans to start and grow their businesses and invest in Main Streets nationwide. Trump’s SBA restrictions buck decades of precedent, attacking immigrant small business owners who are lawfully in the U.S. with no justification. The Trump administration’s green card holder ban is the most recent escalation of SBA’s draconian citizenship restrictions that are killing jobs and putting the American Dream further out of reach for entrepreneurs. In Fiscal Year 2025, the SBA made an estimated $5.7 billion in loans to green card holders, which supported more than 80,000 American jobs. Ranking Member Markey’s introduction of the CRA resolution follows his introduction of the Investing in the American Dream Act alongside Ranking Member Velázquez earlier this year. The Investing in the American Dream Act would roll back the SBA’s draconian lending restrictions and restore previous SBA lending policies for immigrant entrepreneurs lawfully in the U.S., including green card holders, refugees, and asylees. More than 100 organizations have called for the passage of the legislation and over 60 Massachusetts state legislators have raised concerns about the impact of the citizenship restrictions in their local communities. “Once again, Donald Trump is shutting hardworking immigrants out of the American Dream with his discriminatory and dangerous policies, fear tactics, and violent rhetoric. The anti-small business lending requirements implemented by Trump’s SBA won’t Make America Great Again—they are Making America Hate Again,” said Ranking Member Markey. “I am fighting every single day to roll back Trump’s brazen attempt to steal the American Dream from entrepreneurs in Massachusetts and across the country who enrich our communities, strengthen our Main Streets, and create jobs in the United States.” “Starting and owning your own business is one of the pillars of the American Dream. Under the Trump Administration, the SBA has sought to deny immigrant small business owners and entrepreneurs that dream by preventing them from accessing the capital they need to grow and scale their businesses. Not only is this policy cruel, but it is also self-defeating and holds our country back economically. As Ranking Member of the House Small Business Committee, I will do everything in my power to reverse this terrible policy,” said Ranking Member Velázquez. Massachusetts state legislators applauded Ranking Member Markey’s actions and emphasized the critical contributions of green card holders to Bay State communities and the Commonwealth’s economy. "Green card holders are our neighbors, workers, entrepreneurs, and taxpayers,” said Massachusetts State Senator Adam Gómez (D-Springfield), Senate Chair of the Joint Committee on Community Development and Small Businesses. “They open restaurants, launch small businesses, create jobs, and contribute every day to the economic strength of Massachusetts. Denying lawful permanent residents access to SBA loan programs doesn't make our economy stronger—it makes it harder for small businesses to succeed. I support this resolution because opportunity should never be limited by unnecessary barriers that prevent hardworking people from investing in their communities and pursuing the American dream." “Senator Markey’s CRA Resolution provides a valuable moment for our federal leaders to show their commitment to small businesses and the American Dream,” said Massachusetts State Representative Andy X. Vargas (D-Haverhill), House Chair of the Joint Committee on Community Development and Small Businesses. “The SBA’s recent policy restricting lawful residents from accessing the popular 7(a) and 504 programs has shut out some of the most entrepreneurial and hard-working members of our community from much-need capital. In Massachusetts, these programs have invested millions of dollars into small businesses owned by green card holders, supporting thousands of jobs. This should not be a partisan issue. People who worked hard, have legal status, and contribute so much to their communities via employment and economic impact don’t deserve to be in the crosshairs for political purposes. The Senator’s resolution is a step forward in restoring access to the American Dream that small business owners across the country deserve.” Several small business advocates and stakeholders voiced their support for Ranking Member Markey’s efforts to roll back Trump SBA’s discriminatory lending rules. “Immigrant-owned businesses are the foundation of the American economy. They power our neighborhoods, provide essential services, and employ our loved ones. Yet, systemic hurdles like the Small Business Administration’s citizenship restrictions unfairly block their path to prosperity," said Elizabeth Sweet, Executive Director of the Massachusetts Immigrant and Refugee Advocacy (MIRA) Coalition. "We applaud Senator Markey’s continued leadership and look forward to a future where immigrant entrepreneurs can share their ingenuity without arbitrary restrictions that hold us all back.” “Independent restaurants have always been built by people willing to work hard, take risks, and invest in their communities. When lawfully authorized entrepreneurs lose access to the financing they need to start or grow a business, we all lose. These are the businesses creating jobs, filling storefronts, and strengthening our neighborhoods. Access to capital should help good businesses succeed, and that’s exactly what restoring these SBA loan programs would do,” said Jen Ziskin, Executive Director of Massachusetts Restaurants United. “At the Latino Economic Development Corporation, we see firsthand that access to capital transforms lives, creates jobs, and strengthens neighborhoods. Many of the entrepreneurs we serve are lawful permanent residents who have invested their savings, opened businesses, and employ local residents. Restricting access to SBA financing doesn’t just impact business owners, it limits economic opportunity for entire communities. Main Street succeeds when every qualified entrepreneur has a fair chance to grow,” said Andrew Melendez, CEO and Founder of the Latino Economic Development Corporation. "Immigrants and immigrant-owned businesses are the heart and soul of small business communities in cities and towns throughout the Commonwealth, and across America. Limiting access to these SBA loans not only sends the wrong message about immigration, it will have significant negative economic impact on our small business ecosystem,” said Keith Mahoney, Vice President of Public Affairs at the Boston Foundation. “The SBA’s recent policy changes that prevent Legal Permanent Residents, and other non-citizens from participating in any of the SBA’s valuable programs are changes that are unwelcome, immoral, and antithetical to our purpose, our mission, and our vision for Massachusetts communities and businesses. Immigrant entrepreneurs and others have expressed concern that Common Capital will ‘report them to ICE,’ so loan demand has decreased. There is no valid reason for excluding Legal Permanent Residents and other noncitizens who are lawfully present in the U.S. from accessing the SBA’s programs. Immigrant entrepreneurs start businesses, they create jobs, they support their families and their communities. Our government should be in the business of encouraging their full participation in our economy,” said Raymond Lanza-Weil, President of Common Capital. "ECCHO-Latino now represents over 400 educators and 300 microbusinesses across Massachusetts, where immigrants make up 60% of the childcare workforce. When a green card holder is ready to grow her business—from expanding her home child care to opening a center—she shouldn't be turned away by local banks simply because of federal citizenship rules. Blocking access to SBA loans kills opportunity and deepens our state's childcare crisis. ECCHO-Latino strongly supports Senator Markey and Representative Velázquez in passing this resolution to put Main Street first," said Harold Antonio Blanco, Co-Founder & Executive Director of ECCHO-Latino Inc. "This is exactly how political ideology ruins an economy. Washington has taken lawful, tax-paying entrepreneurs who live in our communities, invest in America, and hire American workers, and declared their businesses ineligible for critical financing simply because a green card holder owns even a fraction of the company. Using policies ostensibly aimed at illegal immigration to punish lawful permanent residents is nothing short of ideological overreach and economic self-sabotage. The SBA exists to help viable small businesses grow, rather than imposing nativist tests that ignore an entrepreneur’s credit history, business plan, or ability to create jobs. When the federal government closes the door on qualified entrepreneurs, they’re also closing the door on American entrepreneurship and on American workers, while handing future companies, jobs, innovation, and investment to our competitors. America should be competing to attract people who want to invest and build here, not creating arbitrary barriers that drive their talent and capital elsewhere,” said Javier Palomarez, President and CEO of the United States Hispanic Business Council (USHBC). "The U.S. Small Business Administration's decision to prohibit legal permanent residents, including green card holders, from accessing SBA-backed loans has the potential for disastrous consequences that could reverberate throughout America's economy for years to come. After all, immigrants are twice as likely to start small businesses as U.S.-born individuals. Congress must overturn rules requiring the SBA to block legal permanent residents from accessing lending resources because so many of the entrepreneurs who drive job creation in this country were born outside the United States," said John Arensemeyer, Founder and CEO of Small Business Majority. “NCRC supports the Congressional Review Act resolution to overturn SBA’s citizenship restrictions that bar green-card holders from receiving the 7(a) and 504 loans. When qualified entrepreneurs are denied access to SBA loans, all of Main Street gets hurt. Communities lose jobs. Neighborhoods lose services. Local economies lose the opportunity to build wealth and shrink disparities,” said Jesse Van Tol, President & CEO of the National Community Reinvestment Coalition (NCRC). “We cannot afford to have the American Dream out of reach for hard-working, immigrant small business owners.” “Asian Americans and Asian immigrants have been integral in building local economies. They create businesses, jobs, and opportunities in communities across the country that benefit everyone. Lawful permanent residents pay taxes, invest in their communities, and strengthen Main Street, yet the SBA's discriminatory citizenship restrictions unfairly deny them access to the same tools that help small businesses grow and succeed. We applaud congressional leaders for advancing this resolution to overturn the latest restrictions on SBA lending for green card holders, and we urge lawmakers to also pass the Investing in the American Dream Act to fully restore access to SBA loan programs for all eligible people in the United States. Ensuring that immigrant-owned small businesses have a fair opportunity to access capital is essential to building a stronger, more inclusive economy that works for all,” said Joanna Derman, Director of Anti-Profiling, Civil Rights and National Security at Asian Americans Advancing Justice (AAJC). "Immigrant-owned businesses often turn to SBA 7(a) and 504 loans because they face higher denial rates from traditional lenders,” said Imani Augustus, Director of the Center for Entrepreneurial Opportunity. "These programs provide the capital they need to expand operations, hire workers, and invest in their businesses. Reversing the ban on lawful permanent residents is a critical first step toward ensuring these financing tools are accessible to everyone strengthening their communities through entrepreneurship. We applaud this action and urge Congress to fully restore access by passing the Investing in the American Dream Act.” "Last year, nearly 5,700 SBA loans worth $5.7 billion went to businesses owned by green card holders, supporting more than 80,000 jobs. These are entrepreneurs who have put down roots here, hired their neighbors, and invested in the communities they call home. Barring them from capital doesn't protect Main Street—it starves it. What should matter is the strength of a business and its potential to grow, not the immigration status of its owner. This resolution doesn’t eliminate all the citizenship restrictions in SBA’s policy change, but it’s a step toward restoring a commonsense principle that stood for more than 30 years," said Howard Wial, Director of Research at ICIC. "I'm encouraged to see Congress moving to reopen access to capital for green card holders, a key tool for small business survival. Green card holders accounted for an estimated 5,700 SBA loans in Fiscal Year 2025, worth $5.7 billion and supporting more than 80,000 jobs across the country. That capital is often what keeps a business operating through its toughest stretches when cash flow gets tight. When qualified entrepreneurs lose access to that capital over their immigration status rather than their ability to repay a loan, it's the local economy that pays the price,” said Small Business for America's Future Co-Chair Shaundell Newsome, Founder of Sumnu Marketing. “Small businesses are the backbone of the American economy, and entrepreneurs —including green card holders — take risks every day to build businesses, create jobs, and strengthen communities. SBA loan programs should be administered with clear, consistent standards that safeguard public resources while ensuring these programs remain focused on supporting eligible entrepreneurs and job creators. This resolution responds to the opportunity to support all entrepreneurs and preserve the integrity of federally supported lending programs. We applaud the introduction of this resolution and remain committed to policies that strengthen small businesses, promote economic growth, and maintain confidence in these vital lending programs,” said Carolina Martinez, CEO of CAMEO Network. “National CAPACD wholeheartedly supports the introduction of this resolution aimed at overturning the SBA's misguided policy prohibiting immigrants from accessing the 7(a) and 504 loan programs. As a coalition, we are committed to creating systems, organizations, and societies that are fair and just. We believe we and our economy are stronger when we uplift our rich and diverse communities. Access to capital helps small businesses create jobs, build wealth, and strengthen neighborhoods. Restoring this pathway is an important first step toward ensuring immigrant entrepreneurs can continue to grow their businesses and contribute positively to our economy as a whole. We urge Congress to build on this momentum by passing the Investing in the American Dream Act, which would fully restore fair access to safe and affordable credit and uphold our commitment to a fair economy that works for everyone,” said Seema Agnani, CEO of National CAPACD. Ranking Member Markey is fighting for small business owners and immigrants that rely on SBA loans to start and run their businesses, create jobs, and contribute to their communities. In May, Ranking Member Markey highlighted the significant contributions of immigrant entrepreneurs in Massachusetts and across the country and condemned the Trump administration’s repeated attacks on immigrant communities at a Small Business Committee hearing. MIRA’s Elizabeth Sweet, who participated in Ranking Member Markey’s listening session earlier in May, provided testimony at the hearing. Also in May, Ranking Member Markey hosted a listening session at the Urban College of Boston to hear directly from several Massachusetts immigrant small business owners, lenders, and chambers of commerce how President Trump’s cruel and callous anti-immigrant policies are hurting Main Streets in the Bay State. Earlier in May, Ranking Member Markey hosted a press conference alongside Ranking Member Velázquez, Democratic lawmakers, and stakeholders to condemn the Trump administration’s harmful anti-immigrant lending policies and to introduce the Investing in the American Dream Act. In March, Ranking Member Markey released a comprehensive report detailing the harms to small business owners, workers, and consumers caused by the Trump administration’s ICE raids in communities across the country. In February, Ranking Member Markey introduced the Small Business ICE Disruption Fund Act, which would provide grants to small businesses that have been impacted by the Trump administration’s violent immigration enforcement actions on Main Streets across the United States. Earlier in February, Ranking Member Markey, Ranking Member Velázquez, Congressional Black Caucus Chair Yvette Clarke (D-N.Y.), Congressional Hispanic Caucus Chair Adriano Espaillat (D-N.Y.), and Congressional Asian Pacific American Caucus Chair Grace Meng (D-N.Y.) sent a letter urging the SBA to rescind their lending rule change that bars legal permanent residents from receiving SBA loans. Previously, Ranking Members Markey and Velázquez released a statement condemning the actions of the SBA after it announced that small businesses with legal permanent residents will be barred from receiving SBA loans. In December 2025, Ranking Member Markey and all Democratic members of the Senate Small Business Committee sent a letter to the SBA reiterating concerns with the SBA’s citizenship requirements and highlighting a drop in SBA lending volume. In September 2025, Ranking Member Markey heard directly from SBA lenders about the issues with the citizenship verification requirements. In July 2025, Ranking Members Markey and Velázquez sent a letter to the SBA expressing serious concerns with the agency’s new, draconian citizenship verification requirements that require small businesses seeking SBA loans to be 100% owned by U.S. citizens, nationals, and legal permanent residents. SBA has not responded to the letter. ###
Could increasing omega-3 intake boost recovery and long-term health in elite athletes?
As the Commonwealth Games approach, athletes chasing every extra edge on the track, court or in the pool might not find it in training, but on their dinner plates. In a study published in Sports Medicine—Open, ...
Which sports were cut from Commonwealth Games 2026?
Glasgow is staging a slimmed-down version of the Commonwealth Games after the state of Victoria backed out of hosting three years ago
Augusta Health, Sentara RMH named among the top hospitals in Virginia
Both Augusta Health and Sentara RMH Medical Center have been named among the top hospitals in the commonwealth in Forbes’ 2026 Top Hospitals by State report.
Asia's rich swap sponsorships for stakes in sports as dealmaking hits record
Asian wealthy families and fund managers are increasingly moving beyond sponsorships and charity-linked sporting events to invest directly in sports assets, betting that growing audiences and rising media-rights fees will drive longer term returns.
History suggests San Francisco homeowners will win big from the AI gold rush
San Francisco's last three booms handed large gains to property owners. The windfall from coming IPOs could cause an even bigger transfer of wealth
Commonwealth Games 2026 sports list: What's included and what's not
The Commonwealth Games 2026 in Glasgow features a total of 16 sports - 10 able-bodied and six integrated para sports. Indian athletes will compete in 13 at the CWG.
Newsom's populist act: Oppose state billionaire tax, embrace federal one
Gov. Gavin Newsom opposes the California wealth tax measure and supports one nationally. But there’s another tax-the-rich measure on the state ballot.
Dynasty Financial Partners's Latest Innovations
Houston-based registered investment advisor Americana Partners has stepped into a new avenue, having established a division catering to wealthy clients in the sports and entertainment industries. The new unit will serve athletes, entertainers, creators, agents, and coaches with support from former athletes, entertainment executives, and financial professionals. The division will offer wealth management services and other offerings, including income diversification, brand protection, intellectual property strategies, tax planning, and investment management. For clients in the entertainment sector, ...
Biggs Institute at UT Health San Antonio to lead $2.5 million national, multi-site study on dementia with Lewy bodies
Teaming with UF, UCSF and VCU to improve detection, bring hope Contacts: UT Health San Antonio, Steven Lee, (210) 450-3823, lees22@uthscsa.edu University of Florida, Jill Pease, (352) 273-5816, jpease@PHHP.UFL.EDU University of California San Francisco, Suzanne Leigh, (415) 476-2993, suzanne.leigh@ucsf.edu Virginia Commonwealth University, Leigh Farmer, (804) 828-7028, forresterlg@vcu.edu SAN ANTONIO, July 21, 2026 – The Glenn […]
Americana Partners Launches Sports & Entertainment Division
HOUSTON, July 21, 2026--Houston-based Americana Partners, an independent wealth management firm with over $11.5* billion in total client assets, today announced a new division focused on the sports and entertainment industries, tapping Associate Vice President Ben Davidson to lead the wealth management venture.
Americana Partners Launches Sports & Entertainment Division
HOUSTON, July 21, 2026--Houston-based Americana Partners, an independent wealth management firm with over $11.5* billion in total client assets, today announced a new division focused on the sports and entertainment industries, tapping Associate Vice President Ben Davidson to lead the wealth management venture.
YOHANNES WOLDEMARIAM - Liberation Gold and the New Politics of Extraction
Can political orders emerging from war build institutions strong enough to ensure that wealth becomes public capacity rather than a new form of domination?
Fake Spa Listings Take Deposits, Then Send Customers to Real Businesses
Customers searching online for a late-night massage around Jackson, Mississippi, are finding spa listings with real street addresses, glowing reviews, and around-the-clock availability. The businesses...
Why More Millennials Are Buying Businesses Instead Of Starting Them
Why more millennials are buying businesses instead of starting them and how acquisition entrepreneurship is creating a faster path to ownership and wealth.
Hendricks gave $25M to MAGA Inc., her largest recorded political donation ever
Many ultrawealthy people got access to President Trump after making major donations to his super PAC, MAGA Inc.
Business People: Daniel Farley promoted at U.S. Bank Wealth Management
FINANCIAL SERVICES U.S. Bank, Minneapolis, announced the promotion of Daniel Farley to chief investment officer for the Wealth Management Asset Management Group. Farley has worked for U.S. Bank since 2010, most recently as Private Wealth…
As Democrats move left, Klobuchar makes a business-friendly pitch in governor’s race
Her pro-growth message comes as Democrats increasingly want corporations and the wealthy to pay more taxes.
Meet JPMorgan wealth planner in your college team's locker room
Mikael Lemieux didn't talk about finances a lot when he was playing hockey. He's now helping JPMorgan get in with athletes when they're young.
Amazon delivery companies to lay off more than 100
San Francisco is totally unprepared for the coming wealth tsunami.
Meet the billionaires behind $336M ‘explosion’ of money in California politics, per new report
San Francisco is no stranger to concentrated wealth shaping City Hall, and big-money spenders did well here during the last primary.
Meet the billionaires behind $336M ‘explosion’ of money in California politics, per new report
San Francisco is no stranger to concentrated wealth shaping City Hall, and big-money spenders did well here during the last primary.
As AI spending surges, return-on-investment questions mount
The rapid expansion of artificial intelligence is creating major opportunities while also exposing companies to significant financial risks, The New York Times reports. Larry Ellison and his son are using Oracle-generated wealth to expand into media, with control of Paramount and a potential takeover bid for Warner Bros. Discovery. Meanwhile, Oracle is facing financial pressure […]
Young millionaire reveals the wealth-building lessons he learned from billionaires
The young entrepreneur behind 'School of Hard Knocks' shares his strategy for turning a content creator business into multiple revenue streams.
Socialist-backed Dem who ripped the wealthy cracks state’s top 1%, tax returns show
Abdul El-Sayed reported $262,000 in capital gains and owns two rental properties worth $750,000 while campaigning against wealthy landlords.
Fifth Third reports rise in quarterly profit on higher interest income
Fifth Third Bancorp reported a rise in second-quarter profit on Friday, helped by higher net interest income and fee growth in capital markets and wealth management businesses.
Americana Partners expands into sports and entertainment wealth management
The $11.5 billion Houston-based RIA has tapped a JPMorgan alum and former Division I soccer player to lead the buildout of its specialized services.
Can the “human rights economy” rebalance power in our politics?
Shifting focus from disparity of wealth to disparity of power could help redress economic inequality.
Shapiro Administration Celebrates Bette Brown Slayton Business Park Groundbreaking, Creating Shovel Ready Opportunities for Businesses in Bedford County - PA Department of Community & Economic Development
Supported by one of the first PA SITES grants and additional Commonwealth funding, this Bedford County Development Association project will provide shovel-ready sites for nine new or expanding businesses and […]
Three Clinicians Join Pozen-Commonwealth Fund Fellowship in Health Equity Leadership
The incoming fellows include two physicians and a nurse practitioner, all working to advance health equity across the U.S. healthcare system.
We Tracked Over $780 Million in Fundraising for Trump’s Presidency
The president and his allies have built a network of groups financed by wealthy donors and businesses that is advancing his priorities with little public disclosure.
How business ownership is once again becoming a family affair
The growing share of businesses being inherited rather than purchased among wealthy Americans reflects the broader great wealth transfer and signals a shift in how wealth and business ownership are changing across generations, Fortune reports. According to Bank of America’s 2026 Private Bank Study of Wealthy Americans, 23% of businesses owned by wealthy individuals are […]
The $124 trillion Great Wealth Transfer is more than just cash: More U.S. businesses are now being inherited than bought, BofA finds
A greater share of companies passed down to family members could be a sign of greater wealth concentration and the power of private markets.
Leonard Abramson, Health Care Innovator and Philanthropist, Dies at 93
He created U.S. Healthcare, one of the first H.M.O.s, and used his great wealth from the sale of the company for causes like advancing cancer research.
Sotheby’s Big T. Rex Auction Raises Concerns Hype and Wealth Are Upending Science
Private buyers are increasingly outbidding museums for fossils. That’s making it difficult—or even impossible—for researchers to improve our understanding of the past.
AI data center boom meets rural reality in Edgecombe County
This low-wealth county is facing economic promises and residents’ concerns over fossil‑fuel power, water use and rising utility bills.
Priscilla Presley’s Son Defends GoFundMe for Driveway Pizza Business
Priscilla Presley’s son Navarone Garibaldi Garcia is defending his decision to crowdfund a new pizza business after critics questioned why someone from a famous family ... Read More
How Wealthy People Are Getting to World Cup Games
The skies above the Hamptons are packed with choppers headed to games, as “inequality is taking it right in the face.”
Opinion: The ‘billionaire tax’ dominates this year’s ballot measure politics
The wealth tax is destined to be not only the single most controversial ballot measure this year but probably have the most expensive dueling campaigns.
Joe Klein: At 80, Here’s What I’ve Learned About Politics—and Life
I am 80 years old, this year of our 250th anniversary, and I find myself a cliché. My life has been a common political journey, from left to center. I recently took the Pew Research Center’s “political typology” test and found that I was a “pragmatic and polite conservative,” which seemed a rather abstruse basket: A politically mixed (though Republican-tilting) group, they lean conservative on economics and the role of government, while tilting more liberal on issues related to race and foreign policy. They prize civility and cooperation in politics. Well, that sounds pretty mushy—and I find it hard to square with the strong opinions I have on many issues. I’ve voted for Democrats in federal elections, but I grow more Republican the closer I get to local politics. Democrats, I’ve found, simply aren’t very good at running things, especially school systems, where they are in the thrall of the teachers unions. My friends joke about my obsession with the unions. They know all my lines. If industrial unions are organized against the power of capital, who are the public employees organized against? But enough of that. I’ve ranted that rant too often, and my political journey has been more complicated than that one issue. It has been empirical, based on actual experience—on a lifetime of reporting and a lot of reading. An early example: I was a journalist with the underground press in Boston at the turn of the 1970s and considered myself a member of the antiwar and civil rights movements. The first big issue I covered was busing to achieve school integration. Yes, the white bigots were disgusting. But I couldn’t find any black parents who favored the plan to bus their children to schools outside their neighborhoods either. Black activists and politicians—and white liberals—were gung ho, but not actual parents of black kids in school. Busing was a form of social engineering imposed from on high, by a judge—W. Arthur Garrity—who lived in a wealthy liberal suburb. Wealthy liberal suburbs were not affected by his plan, of course. I began to see that there were limits to what government could do, especially when it came to changing a society’s culture.
Citi Taps Former Merrill Lynch Executive to Lead Northeast Wealth Business
The bank has hired Frank Castellanos amid an ongoing turnaround effort that is placing the wealth unit at the center of the company.
Auchter's Art: Class in politics
It did occur to me to make Elon Musk the guy in the cartoon. After all, the newly minted trillionaire is very much the poster child for an absurd concentration of wealth leading to an absurd concentration of power.
Virginia cannabis budget language triggers legal confusion, political fallout
Virginia’s decision to revive legal cannabis sales through the state budget instead of standalone legislation has triggered several days of confusion over the commonwealth’s marijuana laws, with lawmakers, local prosecutors, Virginia State Police and legislative officials offering differing interpretations of when key provisions take effect. Much of the confusion focused on two issues: whether Virginia’s long-delayed retail cannabis market had accidentally been moved up by a year and whether existing criminal penalties for marijuana possession and distribution involving people younger than 21 were still enforceable.
Transparency and collaboration were at the forefront of the second annual PA One Health Consortium meeting
The multiday June event saw more than 30 expert speakers and 200 attendees committed to human, animal, plant and ecosystem health in the commonwealth.
MLS’ Newest Billionaire Owner Thinks Investors Can Do Better Than Buying A Sports Team
Months after spending hundreds of millions of his own cash to buy Sporting Kansas City, wealth advisor Peter Mallouk says he still prefers stocks as an investment.
Exclusive | Trump-Backed Company Behind Family Crypto Wealth in Talks to Sell Core Business
The potential sale by AI Financial marks an abrupt reversal for a company that has channeled more than half a billion dollars to the Trumps.
Billionaire John Arnold has already donated nearly half his wealth. Now he’s funding a hunt for the health risks of sports betting.
The foundation John Arnold runs with his wife, Laura, is funding 12 university studies on how online sports betting affects users' finances, mental health, and family life.
How Trump Accounts Platform reshape small business finance
I understand the immense effort required to run a business—long hours, complex supply chains, and personal sacrifices for employees and children. That’s why the U.S. Small Business Administration (SBA) is partnering with you to ensure your hard work leads to lasting stability, supporting our region’s families by providing immediate financial relief and long-term wealth building […]
Philanthropy: From temples to technology - India's wealthy are finally giving to science - India's wealthy are finally giving to science
A fresh wave of commitments to pure sciences marks a turning point in the way India's wealthy are giving.
Opinion | How Socialism Emerged in American Politics
The debate has shifted from whether the government should redistribute wealth to how much redistribution is enough.
It's possible to end corporate influence in politics
More than 15 years ago, the U.S. Supreme Court removed limits on corporate political spending in its notorious Citizens United decision, ushering in an era of unprecedented influence by moneyed interests. As a result, a small group of ultrawealthy donors have skewed the political system to their advantage — and today, social scientists link the […]
The wealthy people pledging to fund Trump accounts
Wealthy individuals like Michael Dell and Brad Gerstner are pledging to give money to American children's Trump Accounts.
Northern Trust sells $1.2B guardianship business to Wintrust
The deal boosts Wintrust’s assets under management in its wealth management business by $1.2 billion.
These 2 Renowned Financial Experts Have Opposing Views on Debt. So, Who's Right?
Entrepreneurs who understand the difference between predictable free cash flow and optimistic projections can use leverage to build wealth — while others quietly destroy their businesses with it.
As Small Business Owners Retire, Worker Cooperatives Could Help Close Wealth Gap » NCRC
Learn more about NCRC member Cooperative Fund of the Northeast (CFNE)'s work in collaboration with nonprofit developers the Cooperative Development Institute (CDI) and ICA Group helping business owners in the Northeast through the business conversion process and supporting employees as they become new owners.
FEP Integrates Diaphanum US Business for Global Growth
Family Enterprise Partners Diaphanum US integration reinforces FEP's global strategy. FEP Wealth LLC consolidates US expansion for independent wealth advisory
8,755 Shares in Live Nation Entertainment, Inc. $LYV Acquired by Elevation Point Wealth Partners LLC
Elevation Point Wealth Partners LLC acquired a new stake in shares of Live Nation Entertainment, Inc. (NYSE:LYV - Free Report) in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 8,755 shares of the
Henry Blodget's tech thriller examines AI, wealth, and data centers
Henry Blodget told Business Insider why he chose to edit his book with Claude — but wrote it by hand. He also included Claude's review on its cover.
Global wealth jumps but disparity widens, UBS report shows
Since 2020, average wealth per US adult has grown 10%, while median wealth has fallen 20%.
Carpinteria’s Performing Arts Center Offers a Wealth of Entertainment and Community Components
From films and plays to classes and camps, The Alcazar Theatre has been serving the Central Coast since 1928.
Where Trump’s Business Income Came From Last Year
Read more here on the crypto bets and real estate deals that turbocharged the president's personal wealth.
All politics is local — even the Declaration of Independence
"What I found to my surprise," said Maier, "was this mass of local 'declarations of independence,' the greater part of which come from Massachusetts."
Soaring revenue at Mar-a-Lago shows how Trump’s business interests and politics intersect
As President Donald Trump’s wealth has soared since retaking office, a new financial disclosure shows his two premier Florida resorts have also delivered record-breaking surges in revenue.
Soaring revenue at Mar-a-Lago shows how Trump’s business interests and politics intersect
As President Donald Trump’s wealth has soared since retaking office, a new financial disclosure shows his two premier Florida resorts have also delivered record-breaking surges in revenue.
Trump’s wealth grew on a scale without modern presidential precedent
President Trump's income has increased in office on a scale not seen by any past president — not even Trump.
South Coast Business & Technology Awards Raises More Than $200,000 for Scholarship Foundation
William Wang, Mission Wealth, and UCSB Dept. of Technology Management among the honorees
Trump earned $1.2 billion from crypto business, filings show
A recent federal filing reveals that President Donald Trump generated about $1.2 billion from his cryptocurrency ventures in 2025, highlighting the substantial wealth amassed since his return to the White House.
COVID Loans Were Meant For Businesses. DOJ Says $170K Went To His Personal Account
A North Carolina man has pleaded guilty after federal prosecutors said he obtained more than $170,000 from COVID-era business loan programs using false applications. Phillip ... Read More
Politics: High Cost Of Healthcare And The Political Fallout
Americans are grappling with a rising cost in healthcare. For the first time in five years, fewer than half of Americans can consistently afford healthcare. That’s according to the latest data from Gallup. The cost of healthcare in the US remains higher than any other large, wealthy country. According to a report from the Department of Health and Human Services, five million fewer people are enrolled in marketplace plans for 2026, compared to last year. That’s as average premium costs rose about 58%.With health care costs increasingly becoming a stress for Americans, voters are now making the issue a top priority at the ballot box. And it’s an issue that crosses party and geographic lines. According to new polling from The Century Foundation, 71% of Democrats, 66% of Republicans and 75% of rural voters agree that reigning in hospital costs should be a top priority for lawmakers. While new polling from Ipsos and Axios suggests that a majority of Americans say they’re more likely to vote for candidates in November who will lower their health costs.How will the issue of healthcare shape the midterms? And how are Americans grappling with the cost of their health?Find more of our programs online. Listen to 1A sponsor-free by signing up for 1A+ at plus.npr.org/the1a.
Politics: High Cost Of Healthcare And The Political Fallout
Americans are grappling with a rising cost in healthcare. For the first time in five years, fewer than half of Americans can consistently afford healthcare. That’s according to the latest data from Gallup. The cost of healthcare in the US remains higher than any other large, wealthy country. According to a report from the Department of Health and Human Services, five million fewer people are enrolled in marketplace plans for 2026, compared to last year. That’s as average premium costs rose about 58%.With health care costs increasingly becoming a stress for Americans, voters are now making the issue a top priority at the ballot box. And it’s an issue that crosses party and geographic lines. According to new polling from The Century Foundation, 71% of Democrats, 66% of Republicans and 75% of rural voters agree that reigning in hospital costs should be a top priority for lawmakers. While new polling from Ipsos and Axios suggests that a majority of Americans say they’re more likely to vote for candidates in November who will lower their health costs.How will the issue of healthcare shape the midterms? And how are Americans grappling with the cost of their health?Find more of our programs online. Listen to 1A sponsor-free by signing up for 1A+ at plus.npr.org/the1a.
Deutsche Bank sells India retail business to Kotak Mahindra
Deutsche Bank said on Tuesday that Kotak Mahindra Bank would acquire its Indian retail banking and wealth management business in India.
Union Pacific And Norfolk Southern: How Politics Can Have A Body Count
Advances in goods shipment must be achieved not to bring harm to the trucking industry, but to protect increasingly acquisitive Americans from death born of their wealth.
As Beta Technologies expands employment — and investors — other technical businesses struggle to survive
The electric aviation company is bringing new jobs and greater wealth to the state, but some aviation businesses say they are being squeezed for talent.
Senators, Pennsylvania businesses to represent Commonwealth at Great American State Fair
WASHINGTON, D.C. (WHTM) — Pennsylvania will be represented at the Great American State Fair after all. The Commonwealth’s delegation to the U.S. Senate announced a planned “strong…
Michael T. Cooney and Matthew Quinlan
Calamos Wealth Management announces the addition of two seasoned wealth management professionals. Michael T. Cooney joins the firm as a SVP, Senior Wealth Advisor, and Matthew Quinlan joins as a Wealth Advisor.
Gavin Newsom opposes a California wealth tax. He’s proposing a national billionaire tax instead
California Gov. Gavin Newsom on Friday proposed a national tax on billionaires that he says is the first part of an “economic reset for America” agenda, which aides explicitly say is part of his considering to launch a presidential campaign.
California unions, hospitals strike deal — but billionaire tax heads to ballot
Two healthcare ballot measures are gone. One very contentious wealth tax isn't.
Here’s What It Means to Be a Democratic Socialist
Universal health care, taxing the wealthy and opposition to military aid to Israel are among the movement’s key tenets.
Vistra Expands Latin American Business Reach
The launch follows the group's acquisition of a Latam business late in 2025.
Two rich Democrats were friends. Now they are spending millions to attack each other.
Wine mogul David Trone is spending millions in a comeback bid as wealthy incumbent April McClain-Delaney aggressively defends her seat.
Business Starts for June 22, 2026
In April, 1,513 new businesses filed incorporation paperwork with the Massachusetts Secretary of the Commonwealth, in order to do business in the state.
Why More Women Are Choosing Business Ownership Over Employment
More women are choosing business ownership over traditional employment in pursuit of flexibility, financial independence and long-term wealth creation.
The growing concentration of national influence in global science
Nature Human Behaviour - This analysis of nearly 240 million scientific papers reveals growing concentration of discursive influence in core, resource-wealthy countries, indicating that a few...
Wealth correlation with soccer ability? - Live Updates
It’s not just about soccer. Follow live reporting on the politics, diplomacy, business and power plays surrounding the world’s biggest sporting event.
Wealth management firm is the latest to announce a new Towne Center location
Merrill Lynch Wealth Management, a Bank of America company, plans to open a new location in Towne Center. Media reports surfaced early Friday that Bank of America would open its first Louisiana bra… Already an INSIDER? Sign in. Already an INSIDER? Sign in
92 Percent of Wealthy Americans Are Changing Their Financial Plans Because of This Trend—and It’s Reshaping How Founders Exit
The long-term strategy of business owners is shifting. Here's why.
Nicole Kidman Linked to Mystery Entertainment Executive Months After Keith Urban Divorce
Nicole Kidman is back in the romance-rumor cycle months after finalizing her divorce from Keith Urban, and the latest claim has sent fans looking for ... Read More
California wealth tax sparks debate among billionaires, voters
A wealth tax proposal in California is running into left-leaning resistance, with critics arguing it's not a stable revenue source.
What every worker should know before negotiating salary
These negotiation tips could help you boost your salary in your next offer, and build more wealth over time.
‘Magic Pill’ or Placebo?: Black Politicians and the Crypto Lobby
Young Black congresspeople are winning their seats with support from the crypto industry. But can investing in crypto help close the racial wealth gap?
‘Different worlds’: Americans see a huge divide between haves and have-nots, new poll shows
A national NBC News poll finds 81% of Americans say there is more that divides than unites the wealthy and those who aren’t wealthy.
Bernie Sanders unveils plan to give the public direct ownership of AI companies
The legislation would create a sovereign wealth fund overseen by an independent commission.
Talarico courted Silicon Valley donors in multi-day Bay Area trip
The Texas Democratic Senate candidate’s appeals to wealthy tech executives complicates his broadsides against megadonors’ outsized role in politics.
She Was Trusted to File a Business Owner’s Taxes. The Case Ended With $47,484 in Restitution
A Wisconsin business owner thought a friend was handling personal and business taxes. The case ended in Manitowoc County court with theft and forgery convictions, ... Read More
Jeff Bezos Just Raised $12 Billion. He’s Betting His Newest Business Will Create the Next Elon Musk or Henry Ford
Jeff Bezos is back in an operating seat for the first time since stepping down from Amazon (NASDAQ:AMZN), pointing a $12 billion war chest at what he calls the engine of civilizational wealth: invention itself. In a CNBC interview on June 11, 2026, Bezos and co-CEO Vik Bajaj outlined Prometheus, a Series B round raising ... Jeff Bezos Just Raised $12 Billion. He’s Betting His Newest Business Will Create the Next Elon Musk or Henry Ford
Tuesday Health Brings Community-Based Palliative Care to Massachusetts in Partnership with Commonwealth Care Alliance
/PRNewswire/ -- Tuesday Health, a leading palliative care provider group, today announced a partnership with Commonwealth Care Alliance (CCA) to deliver...
The Wealth Opportunity Hidden In America's Small Business Transition
Millions of small business owners are preparing to exit. Discover why acquisition entrepreneurship is creating a new generation of business buyers.