America's top 1% has total net worth of $44 trillion

Recent Federal Reserve data reveals that America's wealthiest 1%, with assets exceeding $11 million, amassed a record $44.6 trillion in wealth by the end of the fourth quarter of 2023, with fluctuations observed based on geographical location.

DC Council approves bill allocating $515M to Capital One Arena project

The D.C. Council has approved an emergency bill that will provide $515 million for a publicly funded arena project after Virginia Gov. Glenn Youngkin’s plan to lure the NBA’s Washington Wizards and NHL’s Washington Capitals to Alexandria imploded last week.