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mountain finance

Saks and Neiman Marcus Cut Store Count as Debt Gets Slashed

March 7, 2026

The luxury retail giants are trimming their physical footprints to stay afloat. In a new move, the parent company will shut 12 Saks Fifth Avenue locations and three Neiman Marcus shops by the end of May. This follows earlier closures that ended in April, bringing the total number of shutdowns to 24

politics

China Cuts Waste, Aims for Smart Spending

March 6, 2026

Lan Fo’an told reporters that the government cannot keep spending endlessly. The finance minister said money is not endless, so every dollar must earn something back. He announced a smaller stimulus plan for this year. The goal is to reduce wasteful costs across ministries. He added that n

politics

Closed Meetings Block Budget Cuts in Elmhurst

March 6, 2026

Elmhurst’s finance committee, tasked with trimming the city budget, has spent most of its time in private sessions. Since late January, about two‑thirds of the committee’s hours have been closed to the public. In total, members met privately for roughly three and a half hours while only two hours we

politics

Political Bribes and a Pardon: The Sittenfeld Saga

March 6, 2026

P. G. Sittenfeld became the youngest member of Cincinnati City Council in 2012 when he was just 27. Eight years later, the city’s top mayoral hopeful found himself in federal custody after an FBI sting that filmed him accepting $40, 000 from undercover agents posing as developers. The operation clai

weather

Mountain Snowfall Surprise: Big Drops Expected Friday

March 6, 2026

A cold front is moving into the Front Range, and people should expect a sudden change from the warm spell that has kept flowers bright and trees green. Early on Friday, the National Weather Service warned that Denver and Boulder could see up to six inches of snow, which might make the morning drive

politics

Switzerland Cuts F‑35 Order Amid Rising Prices

March 6, 2026

Switzerland has decided to buy about thirty Lockheed Martin F‑35A Lightning II fighters, down from the original plan for 36 jets. The change comes after the cost of each aircraft climbed, prompting officials to seek extra funding from parliament. Defence Minister Martin Pfister explained that the go

finance

Bankers' Bold Photo Shoot Sparks Company Displeasure

March 6, 2026

Two young bankers from a large Wall Street firm were caught in an unapproved magazine shoot that flaunted their expensive clothes and social outings. The photos were not cleared by the company before publication. One banker was photographed in a designer suit and a luxury watch, while the other wor

celebrities

Britney Spears Faces Arrest in Southern California

March 5, 2026

In a surprising turn, the pop icon was taken into custody by state police late Wednesday evening. The incident occurred near Ventura County, where officers stopped her vehicle around 9:30 p. m. PT and later released her the next day, with her car being towed by a local towing service. The official r

politics

State Education Funding Approved After Water‑Park Debate

March 5, 2026

The Wisconsin Joint Finance Committee gave the Department of Public Instruction (DPI) a $1. 75 million boost, a bit shy of the $2 million it asked for. The cut came after lawmakers questioned a pricey workshop that took place at a water‑park resort in Wisconsin Dells. Earlier this month, the comm

business

Crypto Fund Grows Even When Markets Shrink

March 5, 2026

Andreessen Horowitz, known as a16z, is launching another crypto fund. The new pot will be worth two billion dollars and should close by mid‑2026. Earlier, the firm pulled in four and a half billion for its 2022 fund, but this time it will raise faster. This change helps the firm keep up wit