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2025 job revisions worst since 2009, Microsoft partners with Starlink, continued violence in Puerto Vallarta worries American tourists, Central Oregon’s Mt. Hoodoo closed again, more sellers than buyers in real estate market sparks concerns, US Hockey team visits White House and State of the Union speech, Trump makes big claims unsubstantiated by fact checkers in speech.

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PNW Market Look

As of market close 2.24.26

Fintech Company Stripe, backed by Paypal investors, is in talks to acquire Paypal.

“Jamie Dimon says he’s starting to see parallels to the era before the 2008 financial crisis, when a rush to make loans ended disastrously” — Bloomberg

Meta to ink $100M deal with AMD for chips

Headline Roundup

  • State of the Union updates: Trump touts economic gains (CNBC)

  • Portland Community College unions authorize potential first strike (OPB)

  • Nonprofit’s Bar Tab May Violate Multnomah County Contracting Rules (WW)

  • Many Montana landlords haven’t filed to avoid second-home tax (MTFP) “Unless tens of thousands of landlords successfully apply in the coming days, long-term rental properties across the state could be hit with a double-digit increase on tax bills”

  • Microsoft and SpaceX's Starlink partner on global community internet effort (CNBC)

  • Raising Cane's returns life to vacant U District corner (DJC)

  • Salem deploys security robots in Pringle Parkade parking garage (KOIN)

  • In fight over Bend climate fee, neither side is happy (BendBulletin)

  • (MT) Federal appeals court sides with BNSF Railway in dispute with Libby asbestos victims (MTFP)

  • Montana’s 0% statewide sales tax may be attracting big data centers (HelenaIR)

  • Portland leaders push to double tax break for small businesses (ORLive)

  • How Jeffrey Epstein ingratiated himself with top Microsoft executives (SeattleTimes)

  • Portland company paid $600K in tariffs, now faces messy fight for refunds (BizJournals)

  • Big Pink owner snags foreclosed downtown building, pushing Portland bets to $125M (BizJournals)

  • Oregon wildlife officials deny petition aimed at reducing whale entanglements (KOIN)

  • Eastern Montana data center land deal sparks lawsuit over ‘stolen’ plans (Missoulian)

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What’s up with that?

Oregon Senate passes bill to move transportation referendum to May election (Katu)

“In a post on X last week, Senator Meek said, "SB 1599 takes us in the wrong direction. It risks pulling attention away from the work we should be doing this legislative session: Rebuilding public trust and finding a bipartisan path forward on transportation that Oregonians can support. This one is simple for me. I will be a no."

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