Nicola Cetorelli and Shohini Kundu This post is the first in a three-part series on how bank regulation interacts with the organizational structure of banking firms. The series draws on the authors’ recent Staff Report, “Regulatory Arbitrage Within the Firm.” When economists and policymakers talk about nonbank finance, they usually have in mind activity that […]
Construction on Keystone Avenue and West Fourth Street started a few months ago, and now we’re hearing from viewers struggling with the delays there. Crews assured us everything has been going according to plan so far. Even with some challenges caused by the rain we’ve recently had, they say they’re still on track to finish […]
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Press Release LONDON — July 15, 2026 — ETFGI reports Global ETF Industry Reaches Record US$23.09 Trillion as YTD Net Inflows Hit All-Time High of US$1.33 Trillion at the end of June. During June, the ETFs industry globally gathered net inflows of US$258.79 billion, bringing year-to-date net inflows to a record US$1.33 trillion, according to ETFGI’s June 2026 […]
Wikimedia Commons The most consequential thing that the war between the United States and Iran revealed has nothing to do with missiles or centrifuges. The war has shown just how much of the world’s economy now turns on the unchecked decisions of individual men: an American president who could start the war without asking Congress, […]
A national small business association has recognized Washington state legislators who support small businesses, including several in the Mid-Columbia. NFIB has awarded its Guardian of Small Business Award to 16 state senators and 29 House members, with two legislators receiving special recognition. Lawmakers were scored on 10 votes in each chamber, and those who voted with the […]
When I acquired Tucson Foodie a little over four years ago, I believed it could become much more than a media company. While journalism remains at our core, we’ve discovered that some of our strongest community connections happen in person. That belief has grown our calendar from a handful of dinners to signature events like […]
By AMIR-HUSSEIN RADJY CAIRO (AP) — A few days after the U.S. and Israel launched a war on Iran, Reza Kiamarzi decided to trek into the mountains outside his home city of Isfahan in southern Iran. A veterinarian and researcher on birds of prey, his mission was to find nests of endangered falcons high up […]
The U.S. Forest Service earlier this month issued the Final Record of Decision (ROD) for the Hermosa Critical Minerals Project in Southern Arizona’s Patagonia Mountains, completing the federal environmental review required for portions of the project planned on National Forest land. The decision follows several years of environmental study, public input, tribal and interagency consultation. Project developer South32 says Hermosa could produce up […]
AT&T Inc. agreed to a proposed $184.1 million settlement to resolve a legal dispute alleging the company shortchanged thousands of retirees by using outdated actuarial assumptions to calculate certain pension benefits. The settlement in Scott, et al. v. AT&T Inc., filed July 9 in U.S. District Court for the Northern District of California, would provide […]
