gettyimages 2272919055

California billionaire tax could leave state with less revenue, Stanford study cautions

California voters next month will decide on whether to tax billionaire wealth, a proposal designed to generate billions of dollars to shore up the state’s healthcare system. But Stanford economists are now cautioning that the tax could backfire, leaving the state with less in tax revenue than before.  Seven billionaires have already publicly moved out…

Read Full News
gettyimages 2297612687

Stop the Steel? Iowa approves $1.36 billion for foreign-owned steel plant in swing district less than 2 weeks before early voting

“Stop the Steal” — or rather, steel — has an entirely new meaning for some Iowa voters in 2026. Protesters at the Iowa statehouse Friday carried signs reading “No Steel Steal!” as lawmakers raced through a one-day special session to award Mesabi Metallics $1.36 billion over ten years in tax incentives for a new steel…

Read Full News
screenshot 2026 09 16 at 7 28 18 pm

Coast Guard and FBI boarded 2 energy tankers due to cyberattacks. How big is the risk?

U.S. Coast Guard personnel and FBI agents boarded two Texas-bound energy tankers last month after cyberattacks struck the vessels while they were traveling toward the United States, according to U.S. officials. One of the vessels was the VL Prosperity, a 1,093-foot Liberian-flagged crude oil tanker headed to Galveston, Texas. Iranian state media identified the ship…

Read Full News
772137757 830596346805416 2051936017905104373 n

Construction workers find gold stash estimated to be worth $10 million during renovations in Belgium

Construction workers in Belgium stumbled upon a stash of gold believed to be worth more than $10 million during renovation work on a building. Police said they were “immediately” contacted by the workers after they discovered “a large quantity of gold” while working on a building in the east Flemish town of Dendermonde. The local…

Read Full News
1785919910 cbsn fusion breaking down the race between el sayed and stevens for michigans democratic senate primary thumbnail

Abdul El-Sayed and Haley Stevens in tight contest as Michigan counts Democratic Senate primary votes

Tuesday’s Michigan Democratic Senate primary race remains unsettled, with progressive Abdul El-Sayed holding onto a narrow lead over moderate Haley Stevens with votes still being counted. CBS News was describing the race overnight Wednesday as leaning toward El-Sayed. The race between the progressive former health official and Stevens, a moderate congresswomen, has served as an…

Read Full News