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Economic reporting from around the world, filtered to the sectors and policy areas our members build in — part of the same intelligence stream behind the Global Economic Outlook and NiDCC's market reports.

Huntsville City Council to vote on TVA rate changes aimed at shielding residents from data center costs

economy_fiscal — September 23, 2026, 2:53 PM · rocketcitynow.com

Huntsville City Council to vote on TVA rate changes aimed at shielding residents from data center costs

The Huntsville City Council is set to vote on proposed Tennessee Valley Authority (TVA) rate changes. These changes are designed to protect local residents from bearing the electricity costs associated with new, large data centers attracted to the region. The initiative aims to ensure that the economic benefits of data center growth do not negatively impact residential power bills.

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Imperial Oil Chief Calls for Alberta to Reject Separatism

economy_fiscal — September 23, 2026, 2:18 PM · Rigzone

Imperial Oil Chief Calls for Alberta to Reject Separatism

Imperial Oil Ltd. has become the first major energy company in Alberta to publicly oppose the province's separatist movement, with CEO John Whelan stating that a united Canada offers the strongest position for future challenges and opportunities. This stance comes as Alberta residents prepare to vote on a referendum for independence, despite a recent study indicating significant negative economic impacts from secession. Whelan also expressed support for Alberta's goal to double oil production, aligning with Premier Danielle Smith's objectives.

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Gifts From Covered Expatriates: Could Form 708 Trigger a 40% Tax?

economy_fiscal — September 23, 2026, 1:49 PM · CBIZ

Gifts From Covered Expatriates: Could Form 708 Trigger a 40% Tax?

The IRS has released Form 708, "United States Return of Tax for Gifts and Bequests Received From Covered Expatriates," which brings long-standing but previously dormant rules under Internal Revenue Code Section 2801 into practical focus. This new filing requirement, effective for transfers received in 2025, may impose a significant 40% transfer tax on U.S. recipients of gifts or inheritances from individuals who have expatriated and are classified as "covered expatriates." The article emphasizes the importance for international families and their advisors to understand these rules, differentiate Form 708 from other reporting forms like Form 3520, and engage in early planning to navigate potential tax obligations.

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Spring Hill considers one-year extension for Waste Management contract

economy_fiscal — September 23, 2026, 1:06 PM · Main Street Media of Tennessee

Spring Hill considers one-year extension for Waste Management contract

The city of Spring Hill is considering a one-year extension of its contract with Waste Management, which is set to expire on May 31, 2027. This extension would push the expiration to May 31, 2028, allowing the city more time to evaluate long-term solid waste and recycling options, including exploring other providers or bringing services in-house. While some board members support the extension for further evaluation, others favor immediately seeking bids for a new agreement.

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Tax withholding trims Box (NYSE: BOX) CFO stake

economy_fiscal — September 22, 2026, 11:31 PM · Stock Titan

Tax withholding trims Box (NYSE: BOX) CFO stake

Box's CFO, Dylan C. Smith, had 9,975 shares withheld to cover income tax obligations related to the net settlement of vested Restricted Stock Units (RSUs) on September 20, 2026. This transaction is not considered a sale and leaves him with 1,310,100 directly held shares. The shares withheld were valued at $33.72 each, and no Rule 10b5-1 trading plan was reported.

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