Business

Yes. On September 25, 2026, the White House announced a pocket rescission targeting nearly $1 billion in previously appropriated federal funds under the Impoundment Control Act, notifying Congress just days before the fiscal year ends on September 30. The largest item was $567 million in HHS funding for services involving refugees, asylees, and other noncitizens; … Read more

Yes. U.S. Treasury Secretary Scott Bessent said the United States and China agreed to extend their bilateral trade truce—often called the Busan Agreement—through January 10. The arrangement had been scheduled to expire on November 10. Bessent announced the extension after meeting China’s vice premier, He Lifeng, in Washington as President Xi Jinping began a state … Read more

Yes. On September 25, 2026, Japan’s Finance Minister Satsuki Katayama said U.S. President Donald Trump expressed concern about yen weakness during a summit with Prime Minister Sanae Takaichi on the sidelines of the U.N. General Assembly in New York. Takaichi later confirmed that the U.S. side said a weak yen was creating difficulties for trade, … Read more

Yes. On September 24, 2026, Reuters reported that SoftBank Group raised about $11.1 billion through dollar- and euro-denominated senior notes in what LSEG data described as the largest high-yield corporate bond sale on record globally. The company said the financing supports its large OpenAI commitment and other AI-related investments, with dollar tranches yielding between 8.625% … Read more

Yes. Starbucks said on Sept. 24, 2026 it will close about 250 underperforming North America coffeehouses (~1% of ~18,000), with most closures by end of fiscal 2026.

Yes. The UAE’s civil aviation authority suspended Iranian airline flights after a U.S. secondary-sanctions deadline aimed at grounding Iran’s civil fleet.

Yes. On September 23, 2026, U.S. Treasury Secretary Scott Bessent said on Fox News that the United States and China had agreed to extend the “Busan Agreement”—their bilateral economic détente that had been scheduled to expire on November 10—until January 10. He said the announcement followed a meeting in Washington with Chinese Vice Premier He … Read more

For 2026 deaths, the federal estate tax basic exclusion is $15 million; taxable amounts use unified rates up to 40%.

Yes. In remarks prepared for a housing conference in Chicago on September 23, 2026, Federal Reserve Governor Michael Barr said that in his base case, further policy adjustments are likely needed to bring inflation down to target in a timely fashion, even after the prior week’s quarter-point increase that took the federal funds rate to … Read more

Composite-toe and steel-toe boots that carry the same ASTM F2413 ratings meet the same OSHA-referenced minimum impact and compression protection; OSHA does not require steel specifically.