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jamie belsito

High‑Earners Pay More: Washington’s New Income Tax

March 12, 2026

Washington state has approved a new tax that will target people who make more than one million dollars each year. The bill was passed by the Senate with a 27‑to‑21 vote and will now go to Governor Bob Ferguson for his signature. The measure is not as controversial in the Senate as it was earlier in

finance

JPMorgan Cuts Loans to Private Credit Funds Over Software Risk

March 11, 2026

JPMorgan has tightened its lending rules for private credit groups, trimming the value of certain loans that these funds use as collateral. The bank’s move signals growing caution among traditional lenders toward the fast‑growing private credit market, especially when backing software companies that

finance

JPMorgan Cuts Risk in Software‑Loan Backed Deals

March 11, 2026

JPMorgan Chase has lowered the value of loans it holds as collateral, mainly those given to software companies, in its private‑credit financing arm. The change means that firms using these loans for “back‑leverage” will have less room to borrow and may need to lock up more assets. The bank’s move

politics

New Plan: Turning Streaming Fees into Live‑Music Funds

March 5, 2026

Portland is set to shake up its long‑standing arts tax. Council President Jamie Dunphy says the current $35 yearly levy on adults earning over $1, 000 is outdated and poorly managed. He plans to reallocate some of the unused $9 million that sits in reserve, aiming to give about $1. 5 million a year

celebrities

Hollywood Families That Keep the Spotlight Bright

March 3, 2026

In Hollywood, some surnames echo through decades like a familiar tune. These families have carved out legacies that span generations, each member adding their own chapter to the story of American film and television. The Baldwin clan began with four brothers—Alec, William, Daniel, and Stephen—who r

finance

Risky Moves and AI Hype May Spark a New Financial Crash

February 24, 2026

JPMorgan’s chief executive, Jamie Dimon, cautioned investors that the current boom in asset prices and high borrowing could trigger a crisis similar to 2008. He warned that banks taking on risky loans and the excitement around artificial intelligence are signs of a fragile system. Dimon compar

finance

Private Credit’s Rocky Road: A New Look at the Shaky Growth

February 24, 2026

In recent months, the private credit market has faced a series of shocks that reveal deep cracks in its foundation. The first blow came in September when two auto‑parts and auto‑lending firms, First Brands Group and Tricolor Holdings, both filed for bankruptcy. Their failures highlighted how much pr

crypto

The Hidden Agenda Behind Crypto and Bitcoin

February 16, 2026

Crypto and Bitcoin are often seen as revolutionary financial tools, but there's more to the story. Imagine a world where every transaction you make is tracked, monitored, and recorded. This is not a dystopian fantasy but a potential reality, according to some experts. The idea of a universal ledger

celebrities

Actors Share Love and Loss After James Van Der Beek’s Passing

February 12, 2026

The news of James Van Der Beek’s death at 48, after a fight with stage‑3 colorectal cancer, has set off a wave of heartfelt messages from his peers. Friends and co‑stars across the industry have taken to social media, each offering a personal tribute that highlights his warmth and talent. Sarah M

politics

Celebs Stand Against ICE After Deadly Shootings

January 29, 2026

In recent weeks, a wave of celebrities have taken to social media to criticize Immigration and Customs Enforcement (ICE) following the fatal shootings of two Minnesota residents. Alex Pretti, a U. S. citizen and intensive care nurse, was shot and killed by an ICE agent in Minneapolis. This incident