The latest news
New York Coalition Challenges State Fiscal Policy with Aggressive Tax Proposals for Corporations and Wealthy Residents
Albany, Thursday, 12 February 2026.
On February 5, 2026, a coalition of activists and elected officials convened in Albany to promote the “Invest in Our New York” legislative package, signaling a deepening rift regarding state fiscal strategy. Despite Governor Kathy Hochul’s firm opposition to new levies, proponents—including New York City Mayor Zohran Mamdani—argue that increasing taxes on high-net-worth individuals and major corporations is essential to offset looming federal budget cuts affecting healthcare and childcare. Intriguingly, while New York City recently revised its projected two-year deficit down from $12 billion to $7 billion due to robust Wall Street bonuses, leadership insists that sustainable revenue requires structural tax reform rather than reliance on volatile economic fluctuations. With polling indicating that 78% of New Yorkers favor increased taxation on the wealthy, this legislative push highlights a critical debate over long-term economic stability versus short-term fiscal conservation.
latest news in economy
Declining Population Growth Projected to Slash U.S. GDP by $100 Billion in 2026
Washington, Wednesday, 11 February 2026.
A sharp demographic slowdown is set to cost the U.S. economy $100 billion this year. Analysis reveals a “growth gap” of 1.4 million fewer residents will eliminate vital household spending, threatening 741,500 jobs and challenging the nation’s reliance on workforce expansion.
latest news in companies
Select S&P 500 Leaders Achieve Dual Milestones of Sales Growth and Margin Expansion
New York, Wednesday, 11 February 2026.
A distinct cohort, including Palantir and Alphabet, distinguishes itself this earnings season by successfully combining double-digit revenue surges with expanded profit margins, signaling robust operational efficiency.
latest news in politics
Attorney General Bondi Defends DOJ Handling of Epstein Files in Contentious House Hearing
Washington D.C., Wednesday, 11 February 2026.
Attorney General Pam Bondi faced a volatile House Judiciary Committee on Wednesday, defending the Justice Department’s redaction of the Epstein files against accusations of a cover-up. In a hearing underscored by a grand jury’s recent refusal to indict Democratic lawmakers, the tension peaked when Representative Jamie Raskin accused Bondi of “coddling perpetrators” while Epstein survivors watched from the gallery.
latest news in global
US Energy Secretary Visits Caracas to Launch Historic Oil Sector Reconstruction
Caracas, Wednesday, 11 February 2026.
Marking the first high-level US energy visit in nearly 30 years, Secretary Chris Wright met Acting President Delcy Rodríguez today to kickstart a $100 billion overhaul of Venezuela’s oil sector, signaling a major diplomatic thaw following recent market-opening reforms.
latest news in general
Bad Bunny’s All-Spanish Set Highlights Rising Latin American Influence
Santa Clara, Monday, 9 February 2026.
Bad Bunny made history on February 8, 2026, delivering the Super Bowl’s first-ever all-Spanish halftime show, a strategic pivot highlighting the immense economic power of the Hispanic consumer base.
