REVENUE GENERATION

May 29 2026POLITICS

New York Adds Tax on Luxury Second Homes

New York recently passed a budget that introduces a new tax on high-end second homes in New York City. The move aims to raise $500 million per year for the city, which is struggling with budget shortfalls. The tax targets luxury properties worth over $5 million, with rates increasing based on value.

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Mar 21 2026BUSINESS

Passaic Eyes More Money From Cannabis Factory

The city of Passaic has a rule that stops shops selling weed, but it is ready to let more factories make the product. The council has signed a second letter that supports a company called Integrity One Alternative Care, which wants to build a plant inside Passaic. The firm still needs the state’s fi

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Dec 10 2025SPORTS

SMU's New Plan to Boost Athlete Earnings and School Revenue

SMU is making a big move to help athletes and the school make more money. They've created a new team called Mustang Partners. This team will find ways to make money through deals, sponsorships, and special events. Other schools like Clemson, Kentucky, and Michigan State have done similar things. SM

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Jan 09 2025BUSINESS

Val Boreland to Lead NBCU Spin-Off's Entertainment

Val Boreland, a top executive known for scoring big content deals for NBCUniversal's cable networks, has been tapped to lead the entertainment division of a new spin-off company. This new entity, dubbed "SpinCo, " will be a separate, publicly traded part of NBCUniversal and is expected to launch lat

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Nov 17 2024BUSINESS

Why Texas Should Embrace Sports Betting

Texas is known for its strong economy, low taxes, and commitment to its residents. But when it comes to sports betting, the Lone Star State is falling behind. States like Florida and Louisiana are already making billions from legal sports betting. Texans are already betting on sports, but it's happe

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