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Good Morning,
Oregon Duck mascot must be drama free, US GDP grew 1.4% vs 3% expected, IEEPA tariffs blocked by Supreme Court, Trump administration invokes other tariffs immediately, Amazon AI agent deletes code base, Oregon eyeing tax breaks for data centers, US bankruptcies on the rise, FDA retreats from ban on artificial colors, Mexican cartel leader killed, Oregon confirms 5 cases of measles, US strike on Iran increases in likelihood. What a weekend.
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PNW Market Look
As of market close 2.20.26
Key Events This Week via Kobeissi
1. Markets React to Trump's 15% Global Tariff - Monday
2. February Consumer Confidence data - Tuesday
3. Nvidia Reports Earnings - Wednesday
4. Initial Jobless Claims data - Thursday
5. January PPI Inflation data - Friday
6. Total of 11 Fed speaker events this week
Headline Roundup
Team USA defeats Canada in overtime for first gold in men's hockey since 'Miracle on Ice' Olympics (NBC)
Whitefish native Jake Sanderson, USA hockey win gold medal in OT thriller (HelenaIR)
Forbes House of the Week: Big Sky Country (Forbes)
Bend’s Hess qualifies, flashes ‘L’ sign and says he loves the USA (BendBulletin)
Bend Nurses Ratify New Contract at St. Charles Bend (theSource)
2 Northwest athletes medal as US claims 33 at Milan Cortina Winter Olympics (OPB)
The PPS Seismic Safety Conversation Grows Increasingly Complicated (WW)
Oregon’s Housing Crisis Burdens Nearly Half of the State’s Renters (WW)
City Hall protest prompts Portland councilor to advocate for open carry of firearms, report says (ORLive)
Nearly 3.4M pounds of recalled Trader Joe's chicken fried rice products may contain glass (KATU)
City agency commits $400k to Missoula river corridor upgrade project (Missoulian)
Trump nominates a hospitality executive to lead the National Park Service (Missoulian)
PacifiCorp to pay $575 million for wildfire damages on federal land (ORLive)
Much bigger data center tax breaks on deck in Oregon Gov. Tina Kotek’s bill (ORLive)
Federal Way’s Corinne Stoddard wins historic speedskating medal for Team USA (SeattleTimes)
Homeland Security Wants Social Media Sites to Expose Anti-ICE Accounts (NYT)
(WA) When affordable housing building sold, tenant rights violations ensued (SeattleTimes)
Mexican army kills leader of Jalisco New Generation Cartel, official says (KUOW)
Idaho health system awarded first SHIF grant for supportive housing (IBR)
Idaho Power will focus on namesake state with sale of portion of customer base (BoiseDev)
PGE to spend more than $1B on new battery, solar installations (BizJournals)
Zohran Mamdani declares NYC emergency, bans all travel during blizzard threatening city (Ground)
Tariff Ruling Sends CEOs Back to Company War Rooms (WSJ)
Oregon health officials declare measles outbreak with five confirmed cases (WSS)
Ski film explores ‘Inaccessible’ public lands in Montana’s Crazy Mountains (Missoulian)
PDX impacted after Alaska Airlines cancels Mexico flights due to ‘civil unrest’ (KOIN)
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