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How real estate professional status, REPS, works and can lower taxes
The rule, which tax experts have nicknamed the "marital loophole," allows qualifying investors to use real estate losses to offset W-2 income.
Live Nation Entertainment Says Trump Tax Law Drove its 2025 Federal Income Tax Bill to Zero
The company paid zero federal income tax in 2025 despite reporting $145 million of U.S. profits.
Live Nation Says Trump Tax Law Drove its 2025 Federal Income Tax Bill to Zero
The new tax law is the reason Live Nation paid zero federal income tax in 2025, despite $145 million of U.S. profits.
Here's how much Californian families spend on health care
Premiums and deductibles now take a significant share of median family income.
Pa. workers spend larger cut of income on employer-sponsored health benefits, new report shows
Some Pennsylvania workers spend about one in every $10 on employer-sponsored health insurance, according to The Commonwealth Fund.
EVAH: generating evidence for AI in health | News
The joint Evidence for AI in Health (EVAH) initiative will fund locally led evaluations to ensure AI tools for health are effective in low- and middle-income countries.
Live Nation Entertainment Full Year And Fourth Quarter 2025 Results
In 2025, the bond between artists and their global fan bases reached new heights, fueling another year of double-digit growth. As artists continue to unlock untapped markets and headline the world’s most iconic stadiums, we’ve built momentum that carries us into a record-breaking 2026. We’re not just building venues; we’re crafting world-class stages designed to elevate the artist’s vision and their connection to fans. By strategically expanding our global footprint and investing in premium, upgraded infrastructure, we provide the canvas for career-defining performances. This investment doesn’t just drive ticket sales—it revitalizes local economies and cements our venues as cultural anchors. With a deep pipeline of large-scale shows and ticket demand continuing its ascent, we are positioned for another year of double-digit operating income and AOI growth in 2026. Our commitment to being the ultimate partner for artists ensures we are set to compound this double-digit growth for years to come. – Michael Rapino, President and CEO
Catholic health provider agrees to $42 million settlement in pension dispute
The lawsuit alleged that Providence Health had failed to adhere to the federal Employee Retirement Income Security Act in managing the company’s 401(k) plan.
Walmart's growing share of high-income shoppers helped its e-commerce business turn into a powerhouse
Walmart has steadily gained share from households earning over $100,000 who come for the savings and stay for the convenience — and AI is helping.
High-income shoppers boost Walmart's e-commerce business
Walmart has steadily gained share from households earning over $100,000 who come for the savings and stay for the convenience — and AI is helping.
Live Nation Entertainment Reports Lower Net Income In FY25 Despite Revenue Growth
(RTTNews) - Live Nation Entertainment, Inc. (LVY) on Thursday reported full-year revenue of $25.20 billion for the year ended December 31, 2025, up 9 percent from $23.16 billion in 2024 and above $22.73 billion in 2023.
Walmart's sales are increasingly driven by higher-income shoppers
Families making less than $50,000 are stretched, though. "In some cases, people are managing spending paycheck to paycheck," the discount chain's CEO said.
Kathy Hochul's health care push runs into GOP wall
The Democratic governor has been trying to enlist the help of House Republicans to ensure people with low incomes and noncitizens can keep coverage.
Employer health coverage strains families in Kansas and Missouri
Kansas families spend nearly 10% of income on employer coverage, slightly more than Missouri households.
How a Tennessee Musician Built a Jewelry Business With Temu
When Shay Collins’ performance earnings dropped, her Temu-powered jewelry side hustle became a crucial income stream for her family.
Democrats aim to roll back business tax breaks to fund new per-child benefit for lower-income Colorado families
Many of the business tax breaks targeted under the plan were created or expanded by Republicans in Congress through their One Big Beautiful Bill Act
Earth Science Tech, Inc. (ETST) Reports Third Fiscal Quarter 2026 Results
Revenue of $8.4 million, up 14.1% year-over-yearGross profit margin of 76.3%, up 71 bps year-over-yearNet income of $910,000, up 341% year-over-yearGenerated positive cash from operations of $1.2 million fiscal year-to-datePeaks, the company’s telemedicine platform, surpasses $2.0 million in revenue in less than a year, scaling from $248,000 into a high‑margin growth platformReduced outstanding shares of common stock by 3.6% year over year through share repurchasesGeographic expansion underway w
A Look At Madison Square Garden Entertainment (MSGE) Valuation After Strong Second Quarter Earnings
Madison Square Garden Entertainment (MSGE) just posted second quarter results that caught investor attention, reporting revenue of US$459.94 million and net income of US$92.72 million, along with higher earnings per share from continuing operations. See our latest analysis for Madison Square Garden Entertainment. The latest earnings release and the extended Infosys partnership come on top of a strong run in the shares, with a 90 day share price return of 38.42% and a 1 year total shareholder...
Burden of disease modelling should be grounded in local knowledge
Nature Health - Disease modelling for low-income settings often lacks reliable data, which leads to modelled outputs that contrast with empirical data and local knowledge
How much of families' paychecks go toward healthcare costs? It depends on the state.
Families earning the median household income chuck 10% or more of their paychecks toward employer-sponsored health coverage in 19 states, a new analysis found.
Melco Resorts & Entertainment (MLCO) Is Down 12.9% After Return To Quarterly Profitability And Record Five-Star Awards
In February 2026, Melco Resorts & Entertainment reported fourth-quarter 2025 results showing revenue rising to US$1,293.27 million and a swing from a US$20.27 million net loss to a US$60.64 million net income, supported by stronger gaming performance in Macau and Cyprus. Alongside this financial improvement, Melco secured a record 19 Forbes Travel Guide Five-Star Awards and maintained about US$2.40 billion of liquidity, underscoring both operational strength and brand positioning across its...
3 tax mistakes that could trigger a business audit — plus the tools to avoid them
Whether you're worried about tracking expenses or how to report your income, these tools can help you avoid the mistakes that raise some red flags.
Healthcare costs are eating into Social Security checks
Out-of-pocket healthcare costs eat up roughly a third of a typical retiree’s Social Security income and almost a quarter of total income, according to a new report from the Center for Retirement at Boston College.
Life After Tax Reform: NAR Helps Bring Certainty to Business Planning
How the National Association of REALTORS®’ advocacy on the Qualified Business Income Deduction and other tax provisions benefits real estate professionals.
Federal Health Care Funding in Place for 2026
On February 3, President Trump signed legislation funding most federal agencies through fiscal year 2026 (FY26), which ends September 30. The package includes key health care extenders and reforms, including Medicare telehealth flexibilities and support for low-income beneficiary outreach. It also largely protects Administration for Community Living (ACL) programs and others which are important to […]
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.
BP reports fourth-quarter 2025 profits in line with expectations
BP posted a fourth-quarter underlying replacement cost profit, or adjusted net income, of $1.54 billion on Tuesday, compared with expectations of $1.55 billion in a company-provided poll of analysts and $1.17 billion a year ago.
House Oversight launches probe into Rep. Ilhan Omar’s finances, husband’s business dealings
Fox News chief congressional correspondent Chad Pergram reports as House Oversight launches an investigation into Rep. Ilhan Omar over questions about her finances and her husband’s income.
A Look At Madison Square Garden Entertainment (MSGE) Valuation After Quarterly Earnings Beat Expectations
Q2 earnings outperformance puts MSGE in focus Madison Square Garden Entertainment (MSGE) has moved onto more investor watchlists after its latest quarterly results, where revenue, net income and earnings per share all came in above analyst expectations. See our latest analysis for Madison Square Garden Entertainment. The stronger than expected Q2 numbers sit alongside a solid recent run in the shares, with a 30 day share price return of 10.62% and a 90 day share price return of 23.50%. Over...
Super Bowl LX players lose thousands to California's 'jock tax' on athlete income
Players competing in Super Bowl LX in Santa Clara will face California's jock tax, which subjects players to taxes for days spent in the state preparing for or participating in games.
'Millionaires tax' hearing, hastily called, brings big crowd to Olympia
Opponents of a proposed "millionaires tax" warn it will expand to more people, while supporters say it's a long overdue remedy to a regressive tax system.
Carlyle Group quarterly profit rises on private-equity dealmaking
Asset manager Carlyle Group posted a rise in fourth-quarter profit on Friday, helped by income from deals at its private-equity arm and solid gains across its credit and secondaries businesses.
Norman aims to retain high-income families with new entertainment district
Economic experts in Norman believe a billion-dollar entertainment district could help reverse the decline in high-income families, as the city faces a significant drop in such households.
Taiwan's ASE sees its advanced packaging business doubling to $3.2 billion in 2026
ASE Technology Holding, the world's largest chip packaging and testing provider, on Thursday said it expects its leading-edge advanced packaging business to double in size to $3.2 billion in 2026. The Taiwanese company made the comment on a conference call following its quarterly earnings, which saw it report fourth-quarter revenue of T$177.9 billion ($5.62 billion), up 9.6% from a year earlier. It booked a 58% rise in net income.
Sony Pictures Entertainment Posts 12% Quarterly Revenue Decline
Sony Pictures Entertainment Feb. 4 reported a 12% third-quarter (ended Dec. 31, 2025) revenue decline to under $2.3 billion compared with revenue of more than $2.6 billion in the previous-year period. Operating income dropped more than 11% to $197 million from operating income of $223 million. The top-grossing movie in the current quarter included Chainsaw … Continue reading "Sony Pictures Entertainment Posts 12% Quarterly Revenue Decline"
Philly businesses face new city taxes and higher bills this season
An exemption to the Philadelphia business income and receipts tax, known as BIRT, was eliminated in 2025, leading to new taxes for smaller operations.
Ferguson says he can’t support WA income tax bill without changes
Gov. Bob Ferguson says he won't support a proposed millionaire's tax without changes to send more of the proceeds back to the pockets of Washingtonians.
Jim Crist: How affordability relates to income inequality and money in politics
A formula for saving America
Democrats unveil WA income tax on people earning over $1 million
Washington state Democrats unveiled a bill to tax residents earning over $1 million annually. Gov. Bob Ferguson has already pledged to sign it — with a condition.
Disney’s Entertainment Profits Fall Despite Higher Streaming Results
Walt Disney Co. reported a sharp drop in profits from its entertainment segment for the December quarter, as lower profits from its TV networks offset better results from its streaming business. Profits from Disney’s sports segment, which includes ESPN, also fell. Overall Disney reported 5% higher revenue but 9% lower operating income. The company’s entertainment segment, which includes the
Hefty taxes kick back in for small Philly businesses
Many businesses are likely unprepared and unaware they need to start paying the city's Business Income and Receipts Tax.
When Health Insurance Costs More Than the Mortgage
As health care costs skyrocket and federal lawmakers pull back help on insurance premiums, more middle-income families are facing tough choices on health care.
Integration of health check-ups into school and healthcare systems can improve adolescent health in LMICs
Nature Medicine - In low- and middle-income countries (LMICs), adolescents have limited access to healthcare. A study in urban Zimbabwe demonstrated that routine check-up visits integrated within...
Owner of Wichita accounting business charged with 50 counts in federal court
She is accused of using client money for personal expenses, including more than $11,000 to the Plastic Surgery Center, court documents say.
Hims & Hers Super Bowl Ad To Spotlight The Health-Wealth Gap
Narrated by Common, HIms and Hers' 2026 Super Bowl ad highlights how income disparities shape health outcomes—and position affordability as part of the solution.
Mia Bonta pleads for ‘pandemic-level’ response to Feds’ gutting of Medi-Cal
Up to two million of the state’s lowest-income people may lose health insurance due to federal changes. Bonta wants to lead the charge to stop that.
Business Coach Arnaud CZ Releases Free Course to Help Corporate Fathers Build Side Income Amid Rising Job Uncertainty
PRAGUE, CZECHIA, Jan. 28, 2026 (GLOBE NEWSWIRE) -- Arnaud CZ, founder of the $100k Dad system, specializing in corporate-to-entrepreneur transit...
Walmart CEO Doug McMillon retiring as retailer gains more wealthy shoppers amid inflation
Walmart CEO Doug McMillon retires after 40 years, leaving behind a transformed retail giant that attracts higher-income shoppers through convenience.
Freezing temperatures force San Antonio farmers’ markets to close, impacting small businesses
Freezing temperatures and harsh winter weather over the weekend forced farmers’ markets across San Antonio to shut down, cutting off a key source of income for many small businesses, especially vendors who rely on busy Saturday and Sunday crowds.
In downtown Wilmington, Live Oak shutting down inclusive small business center
Live Oak Bank is turning Channel off. Described by Live Oak as an inclusive small business center, Channel opened in November 2021 to serve as a free resource for small business owners, helping numerous minority-owned and other small businesses from its headquarters downtown at 106 Market St. "After careful consideration, we’ve decided to bring Channel ... to a close at the end of this month. Live Oak determined that the needs of Wilmington’s small business community have evolved. Since Channel opened, the local small business ecosystem has grown significantly, with many strong organizations now offering education, technical assistance and community programming for entrepreneurs," stated Claire Parker, managing director of corporate communications for Live Oak Bank, in an email Monday. "With those resources firmly in place, Live Oak is refocusing on what we do best – providing banking and financing solutions that help small businesses grow and thrive." Channel's demise also resulted in the elimination of two positions – those of Channel's director, Chakema Clinton-Quintana, and Atiba Johnson, the certified professional business advisor (CPBA) at Channel. On Monday, Clinton-Quintana, who was elected to the Wilmington City Council in November, said of her immediate plans after Channel: "I will continue my work serving the public while I look for other full-time opportunities." She said Channel "served over 1,000 small business owners in the greater Wilmington area, as well as some of the surrounding areas, such as Brunswick and Pender. A lot of folks had reached out to us needing those resources because they were free, and we were able to assist them in that capacity." Johnson said he will be devoting his time to the Wilmington Minority Chamber of Commerce, which is not affiliated with the Greater Wilmington Chamber of Commerce. The minority chamber is celebrating its launch from 5 to 8 p.m. Tuesday at the Wilmington Sportsman Club, 1111 Castle St., Wilmington. Johnson, the founder and executive director of the new chamber, said about 50 businesses are on board to join the Wilmington Minority Chamber of Commerce. According to a news release, the new chamber "was established to foster growth, networking, and advocacy for underrepresented business owners. By providing essential resources and community engagement, the chamber aims to build a more inclusive and prosperous local economy." Johnson said the creation of the new chamber is in response to "lapses in funding, education, advocacy for minority businesses...Some of the things that are going on now just don't reach all the way down to those businesses." For Lynne Jones, owner of LJ Design Studio LLC, the loss of Channel also means a reduction in income. She had contracted with Channel to run the center's social media and to provide some marketing for small business owners. "It's pretty disappointing to hear that it is closing...it was a place to connect with other small business owners and collaborate. It was like a family for those of us who were there. If you had issues or things that you needed to talk through concerning your business, there was always someone there that you could sit down with and talk things through, recalibrate, and they set you off on your way to make that pivot and move in a different direction," Jones said Monday. She said she worked with many Channel participants creating their websites and will miss seeing the joy on their faces when those websites were up and running. Dawn McDowell, owner of Creatively Covered Co. LLC, credits Channel with helping her business grow and regrow after her social media pages were hacked and shut down in 2023. "Channel was a great resource for small businesses, for women-owned businesses, for minority-owned businesses; they provided a lot of assistance, especially when you needed it," McDowell said. "If it wasn't for Channel, I don't know if I'd be where I am now, in my business, and regrowing my business and even finding out about some of the certifications and things that were out there for small businesses that I just didn't know about ... because there was no one really sharing that information for small businesses, for minority- and women-owned businesses in particular." Parker said shutting down Channel was not part of an overall cost-cutting plan. She stated in the email, "Live Oak’s commitment to Wilmington remains strong. We are continuing to support entrepreneurs by focusing our efforts where we deliver the greatest value – through specialized banking and financing solutions aligned with our mission to be America’s small business bank." As for Channel's downtown office, Live Oak had leased the 5,000-square-foot space above Seabird restaurant in 2021. The bank’s lease for the office is up in March, Parker said.
Health Insurance Is Now More Expensive Than the Mortgage for These Americans
Monthly health-insurance bills are rocketing higher for middle-income earners who rely on Obamacare
We must not let AI ‘pull the doctor out of the visit’ for low-income patients
Generative AI is being pushed into healthcare – and diagnostic risks may deepen the class divide
My porta-potty business brings in $4.3 million a year
Daniel Tom, 31, owns and operates Bay Area Sanitation, overseeing a fleet of almost 2,000 portable toilets servicing construction sites and events across the San Francisco Bay Area. The company brought in $4.3 million in total income in 2025, according to documents reviewed by CNBC Make It.
Business Leaders Weigh In On US Economy, Outlook for US Credit Market
"Bloomberg Real Yield" highlights the market-moving news you need to know. Today's guests: Schwab Center for Financial Research Chief Fixed Income Strategist Kathy Jones, BlackRock Deputy CIO of Global Fixed Income Russ Brownback, AllianceBernstein Head of Credit Will Smith, and PineBridge Investments Co-Head of Leveraged Finance Steven Oh. (Source: Bloomberg)
New Report: ‘Invest in MI Kids’ Undercuts State’s Business Climate, Hurts Small Business
Michigan’s business community could be facing a pivotal moment if the proposed graduated income tax ballot measure gains enough signatures to move forward for voter consideration.
McKee finally endorsed a millionaire’s tax. Progressives and business groups aren’t happy.
Gov. Dan McKee's endorsement of a millionaire's tax in his fiscal 2027 proposal has reignited a longstanding policy debate, with progressive lawmakers saying McKee's proposal does not go far enough, and business groups slamming any income tax hikes.
York County plumbing company closes after a century in business
The company cited high costs and unsustainable income "during an economically challenging time" in a message to customers.
Millennium Creates New Credit Trading Business
Millennium Management is carving out a dedicated credit trading unit from its fixed income business in the latest change at the multistrategy hedge fund giant.
Merck partners with global health coalition to develop affordable Ebola vaccine
Merck and the Coalition for Epidemic Preparedness Innovations said on Wednesday they have partnered on a $30 million program to develop an updated version of the drugmaker's Ebola vaccine aimed at improving affordability and access for low- and middle-income countries.
Marketing exec turned to Uber Eats gig work for income, perspective
Jay Mandel spent decades in the corporate world in marketing roles before turning to Uber Eats last fall. It pays the bills and is humbling, he said.
Milwaukee residents' health affected by housing, income, education
The health department will focus on five priority health concerns – chronic disease, maternal and child health, mental health, substance use disorder, and violence and injury prevention – in the coming years.
What Live Nation Entertainment (LYV)'s Earnings Beat but Revenue Miss Means For Shareholders
In the past few days, Live Nation Entertainment reported quarterly results that exceeded analysts’ adjusted operating income estimates but fell short on revenue and event volume expectations, prompting a mixed reaction from the market. At the same time, analysts remained divided, with some reaffirming positive views based on continued demand for live events while others downgraded the stock amid ongoing concerns about the Ticketmaster business. We’ll now look at how this adjusted operating...
Lending to small businesses and low-income areas must expand, say Labour backbenchers
Senior politicians have tabled bill that would force UK banks to make affordable finance more accessible
A Look At Cardinal Health (CAH) Valuation As Momentum Meets Modest Discount To Fair Value
Cardinal Health (CAH) is drawing fresh attention as investors reassess its recent share performance alongside the company’s scale, with revenue of US$234.3b and net income of US$1.6b from its diversified healthcare operations. See our latest analysis for Cardinal Health. The latest share price of US$201.11 sits alongside a 30.33% 3‑month share price return and a 67.50% 1‑year total shareholder return, which points to strong recent momentum after a weaker year‑to‑date share price return. If...
Why Silicon Valley Is Obsessed With Biological Age Tests, Despite Dubious Science
Venture capitalist Meltem Demirors isn’t above the occasional splurge on bags, jewelry and other material things. But she much prefers to use her disposable income for an expanding array of exotic wellness experiments, including injecting peptides and hiring a personal longevity coach. “The only ...
Why saving money isn't enough for small business owners
Listen and subscribe to The Big Idea with Elizabeth Gore on Apple Podcasts, Spotify, or wherever you find your favorite podcast.Having enough capital is critical when running a business - but saving income isn't enough to help grow wealth... This week on The Big Idea with Elizabeth Gore, Howard Enterprise founder and the Wall Street Trapper Leon Howard joins the show to answer the question: How can I use a Wall Street mindset for my business? Howard, a financial educator, shares his expert advice for entrepreneurs on how they can grow their wealth and business, and set themselves up for long term success. Yahoo Finance’s The Big Idea with Elizabeth Gore takes you on a journey with America’s entrepreneurs as they navigate the world of small business. This post was written by Lauren Pokedoff
IRS will accept 2025 tax returns starting January 26
If you’re hoping to file your 2025 federal income tax return as soon as possible, the first day the IRS will start accepting returns is January, 26, the agency said on Thursday.
Michigan pays $3.5M for doulas so low-income moms have healthy births
To combat its high infant mortality rate, the state is reimbursing birth professionals to help expectant mothers. And outcomes are improving.
Leaders announce education campaign on affordable health insurance
The multimedia campaign recommends people check a box on their state income tax form. That will start a process to determine whether people are eligible for free or low-cost health insurance. The campaign comes after Affordable Care Act tax credits expired on Jan. 1.
Georgia state budget, personal income tax, among top issues for 2026 Georgia General Assembly
The new year is just getting underway, and it’s already a busy time for politics in Georgia ahead of the annual legislative session. WABE’s politics reporter Rahul Bali returned to “Closer Look” to talk more about Atlanta Mayor Andre Dickens' swearing-in ceremony and preview the upcoming legislative session.
Harris Health's push to condemn Hermann Park for Ben Taub goes against agency's own strategic plan
As Harris Health pushes ahead with its effort to expand Ben Taub Hospital by condemning a portion of Hermann Park, it appears that the push goes against the agency's own long-term strategic plan for serving low-income patients across Harris County.
Mayor Mamdani’s new job: Fixing New York’s affordability crisis
In New York City, the typical household spends more than half of its income on rent and 100,000 people sleep in homeless shelters every night.
Homegrown entertainment catches on across Southeast Asia in 2025
Increase in middle-income earners boosts experimental spending
Trump gives Christmas subsidies to farmers, lumps of coal to others
Per the U.S. Department of Agriculture, “Median total farm household income has exceeded the median U.S. household income in every year since 1998.
Pittsburgh should stop making businesses pay income taxes
Thank you for today’s editorial supporting a land-value tax and explaining the logic behind it. I ask you, who seem to understand that taxing something...
Nevada youth rank last in sports participation. Will rising costs make it worse?
Children from high-income families in Nevada are nearly three times more likely to play on a sports team as children from low-income families. Dive into the data on declining participation and rising costs.
Bausch Health (BHC) Is Up 5.3% After US$1.6 Billion Debt Exchange - Has The Bull Case Changed?
Bausch Health Companies recently completed fixed-income exchange offers, issuing US$1.60 billion of new 10.00% Senior Secured Notes due 2032 to refinance existing senior secured notes under Regulation S and Rule 144A. This large-scale refinancing reshapes the company’s debt profile and may influence how investors assess its balance-sheet resilience and long-term obligations. Next, we’ll examine how this large US$1.60 billion debt exchange reshapes Bausch Health’s investment narrative and...
Business owners donate to low-income residents in housing units where they grew up
They gave presents and gift cards to families in Elmdale Court of Lucas Metropolitan Housing.
27-year-old boosted his income from $50,000 to $432,000 at Amazon in 5 years—it allowed him to quit and start his own business
Nabeel Khan was methodical in building his career at Amazon, rising the ranks quickly from operations manager to project manager to product manager.
Medicaid Health Plans Step Up Outreach Efforts Ahead of GOP Changes
Even as President Donald Trump and GOP lawmakers say the One Big Beautiful Bill Act targets waste, fraud, and abuse, Medicaid health plans are hosting events across the U.S. to prevent low-income families from losing health insurance and food benefits next year.
The real reason incomes rise and why they drop
Getting ahead financially is mainly about what you earn at work, not what you make from investments. Researchers found that promotions, skills, and better jobs drive most upward income movement. But when people slip backward, falling investment income is usually the main reason. Labor builds income steadily; capital is riskier and more unpredictable.
East Lyme business owner sentenced to probation for tax fraud
An East Lyme woman who operated a cleaning business was sentenced to three years of probation for tax fraud after underreporting her income by hundreds of thousands of dollars.
Will 2026 make sense? Fixed income outlooks weigh politics and policy
While 2025 did not pan out as many expected, asset managers are penciling in better macro conditions with a chance of political bad weather.
5 Side Hustles From Home That Can Become Real Businesses In 2026
Side hustles from home are no longer just extra income. Here are five that can turn into real businesses in 2026, with clear next steps to apply.
Black-owned businesses highlighted in holiday market
G.I.F.T. stands for Generating Income for Tomorrow's Goal. The organization provides grants to Black-owned businesses in Kansas City with a specific interest in those operating in low-income areas.
Pre-budget leaks ‘unacceptable’, Rachel Reeves tells MPs
Chancellor says income tax U-turn was agreed in partnership with Keir Starmer
Louisville business crowd hears Kentucky Republicans talk 2026 legislative priorities
Republicans in the Kentucky legislature say Medicaid oversight, the state income tax and housing are key issues heading into the 2026 legislative session.
Omaha small business vendors see improved sales at Midwest Fest weekend
Holiday shopping season is crucial for vendors who rely on outdoor markets to supplement income.
Most countries make progress towards universal health coverage, but major challenges remain, WHO–World Bank report finds
A new joint report from WHO and the World Bank Group reveals that most countries – across all income levels and regions – have made concurrent progress in expanding health service coverage and reducing the financial hardship associated with health costs, since 2000.
Disbennett Wealth Management Group Awarded 2025 Best in Ohio Business - Financial Planning Firm by Ohio Business Magazine for Second Consecutive Year
Disbennett Wealth Management Group, a leading financial planning firm specializing in retirement income strategies and wealth management, is honored to announce that it has been named the 2025 Best in Ohio Business for Financial Planning Firm by Ohio Business Magazine—marking the second year in a row the firm has received this prestigious recognition. This consecutive win highlights the firm's continued commitment to delivering exceptional financial guidance for successful individuals, families,
City Council overrides four vetoes by Mayor Adams
One bill caps household rental contributions at 30% of monthly income.
Trump says Americans may soon pay ‘no income tax’ as White House explores alternative revenue streams
President Trump proposes eliminating income tax entirely, suggesting tariff revenue could replace traditional taxation in ambitious economic overhaul plan.
What’s at stake for health care reform? Insights from Florida and Massachusetts | Harvard T.H. Chan School of Public Health
Health care access, costs, and coverage – particularly for lower-income Americans – are expected to undergo dramatic changes in the next few years. Enhanced
Letters to the Editor: As production moves overseas, it’s American entertainment workers who suffer
'As with any business that goes to other countries, people here start losing their incomes and life possibilities. This leads to a downward spiral of any household, community, town, city or state now missing spending potential and tax benefits,' writes an L.A. Times reader.