Business

Washington Democrats Propose $16B Tax Hike to Close Budget Gap

Senate Democrats in Washington are advocating for new taxes to address a looming $16 billion budget shortfall, as revealed in a leaked email sent by Sen. Noel Frame (D-Seattle). The email, sent shortly after Governor Jay Inslee’s announcement of the shortfall, outlines additional taxes beyond those proposed by Inslee, which include a new wealth tax, a temporary 20% business surcharge, and an increase in business and occupation (B&O) tax rates.

New Photos Reveal Biden’s Involvement in Hunter’s Chinese Business Dealings

America First Legal (AFL) has released new photos showing President Joe Biden meeting with Hunter Biden's Chinese business associates, including an introduction to President Xi Jinping, during a 2013 trip to China. The images, obtained through AFL’s lawsuit against the National Archives and Records Administration (NARA), shed light on the connections between the Bidens and Chinese officials, despite previous efforts to withhold the photos until after the 2024 election.

Seattle City Council to Appoint Replacement for District 2 After Tammy Morales Resigns

Seattle's City Council will begin the new year by seeking a replacement for the District 2 position, following the resignation of Councilmember Tammy Morales. Morales, who represents neighborhoods like Rainier Beach, Beacon Hill, Columbia City, and the Chinatown/International District, announced that she would step down next month, citing mental health concerns. She stated that the pressures of her role had negatively impacted both her mental and physical well-being.

Trump Warns U.S. May Take Back Panama Canal

President-elect Donald Trump wrote on Truth Social that the United States may take back the Panama Canal unless the country lowers its costs and opposes Chinese influences.

Trump Appoints Television Producer Mark Burnett as Special Envoy to the U.K.

President-elect Donald Trump has appointed British television producer Mark Burnett as the Special Envoy to the United Kingdom, adding another high-profile name to his administration.

Maine Governor Janet Mills Creates Task Force Dedicated to Investigating Artificial Intelligence

Maine Governor Janet Mills signed an executive order on Friday to create a task force dedicated to examining the opportunities and challenges posed by artificial intelligence (AI) for the state’s residents, economy, and institutions.

Big Lots Announces ‘Going Out of Business’ Sales

Big Lots announced that it will begin its Going Out of Business (GOB) sales at all its stores.

Neil Cavuto Leaving Fox News After 28 Years

Neil Cavuto, a familiar face on Fox News for nearly three decades, is leaving the network, with his final show scheduled for Thursday afternoon. Cavuto’s contract, which ends at the close of this month, will not be renewed.

Federal Prosecution Could Mean Death Penalty for Accused Killer of UnitedHealthcare CEO

Former Judge Andrew Napolitano told Newsmax on Thursday that Luigi Mangione, the man accused of killing UnitedHealthcare CEO Brian Thompson, could face the death penalty if federal prosecutors pursue charges of murder as an act of terrorism.

North Carolina Secures Over $1.1 Billion in Aid for Hurricane Helene Recovery

In the wake of Hurricane Helene, which killed 103 people and caused an estimated $53 billion in damages, North Carolina has received significant aid for recovery efforts, including over $1.1 billion in state relief and billions more in federal requests. The storm, considered the state’s worst natural disaster, has prompted both state and federal governments to take action, though criticism has followed regarding the adequacy of those efforts.

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