Author: DailyWestern
In McCauley’s VoxEU post (first of three), he presents a pictorial depiction of exorbitant privilege: As McCauley notes: While the US Treasury downgrade did not drag down US states’ credit ratings, it did drag down the credit ratings of US government-sponsored enterprises that underwrite US home mortgages. On May 19, Moody’s followed up its US Treasury downgrade with a downgrade of its housing wards, Fannie and Freddie, as well as the Federal Home Loan Banks (those lenders of penultimate resort to US banks). This entry was posted on June 25, 2025 by Menzie Kent.
Salem, Oregon – Oregonians, and only Oregonians, have the unique opportunity to direct a portion of their state taxes to fund arts, heritage and humanities work across the state by using the Cultural Tax Credit. The vast majority of Oregonians who are eligible, however, are not aware of the opportunity. The Oregon Cultural Trust, a charitable state agency, administers the Cultural Tax Credit. Both were created by the Oregon State Legislature in 2001 in response to the national trend of decreased government funding for arts and culture. A young pow wow participant at the Four Rivers Cultural Center, funded in…
Major League Soccer have revealed the official jersey for the 2025 MLS All-Star Game, bringing a nostalgic twist to its 30th-anniversary celebrations. The match, which will feature MLS’s top talent facing off against LIGA MX’s best, is set for July 23 at Austin FC’s Q2 Stadium.The All-Star jersey is a modern homage to MLS’s early years, featuring a clean white base accented by green and blue – colours inspired by the league’s original branding. Subtle fireworks imagery appears across the front, symbolising both the explosive talent on display during All-Star Week and Austin’s vibrant, creative spirit.This jersey isn’t just a…
Los Angeles Clippers executive Lawrence Frank confirmed that re-signing James Harden is the team’s number one focus this offseason. Frank said, per reporter Law Murray, the Clippers “hope to continue to see his play” next season. Harden, 35, played 79 games in the 2024–25 regular season, averaging 22.8 points, 8.7 assists, and 5.8 rebounds per […] The post Lawrence Frank: Bringing back James Harden is Clippers’ top priority appeared first on TalkBasket.net.
The National Hurricane Center is continuing to monitor the development of Invest 95E in the Eastern Pacific, which is likely to become a tropical depression or Tropical Storm Flossie this weekend. FOX Weather Meteorologists Craig Herrera and Michael Estime break down the forecast on June 26, 2025.The National Hurricane Center (NHC) is continuing to monitor the development of an area of low pressure in the Eastern Pacific that’s expected to become a tropical depression or Tropical Storm Flossie this weekend.The area to watch has been designated as Invest 95E by the NHC. An invest is a naming conversion used to…
Katherine K’iya Wilson There’s a new crop taking root in the Willamette Valley under the nurturing care of the Elderberry Wisdom Farm near Salem, Oregon. Its leadership is seeding a new generation of filmmakers to tell their story of indigenous culture. Project mentor and filmmaker Katherine “K’iya” Wilson, whose Native American ancestry was hidden from her as a child, puts it this way, “to put cameras in the hands of native youth to film our stories is very powerful.” Rose High Bear, an Alaskan Athabascan who calls Oregon home, is the founder of the Elderberry Wisdom Farm. It’s a farm…
Country music icon Dolly Parton has long been vocal in her support for the LGBTQ+ community. But if social media posts are to be believed, she has changed her tune. “BREAKING NEWS: Dolly Parton announces her refusal to celebrate Pride Month in June — she says ‘WOKE’ doesn’t deserve to be commemorated,” read the caption of several Facebook posts. But there’s no evidence she said that. The posts link to web pages with un-bylined articles flooded with pop-up ads. The articles, which were similar in content, include a quote they say Parton gave in an interview with “The Tennessee Voice,”…
by Calculated Risk on 6/25/2025 07:59:00 PM Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios.Thursday:• At 8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for initial claims to increase to 247 thousand from 245 thousand last week.• At 8:30 AM: Gross Domestic Product, 1st quarter 2024 (Third estimate). The consensus is that real GDP decreased 0.2% annualized in Q1, unchanged from the second estimate of a 0.2% decrease.• At 8:30 AM: Durable Goods Orders for May from the Census Bureau. The consensus is for a 4.5% increase in durable goods…
Borussia Dortmund manager Niko Kovac admitted he was “delighted” after his side progressed to the knockout phase of the Club World Cup following a 1-0 win over South Korean club Ulsan.Dortmund went into the game knowing that a point would secure safe passage to the last 16, and while Kovac’s team made hard work of it against their already-eliminated opponents, the slim chance of their exit rarely looked like a genuine possibility.Daniel Svensson grabbed the only goal of the game on 36-minutes and it could have been more were it not for a combination of wasteful finishing and an inspired…
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