With a steady labor market and still-high inflation, two Federal Reserve officials are on the record this week noting that the next rate move might be up, not down. What they’re saying: In a speech Wednesday in El Paso, Dallas Fed president Lorie Logan said that consumer spending remains robust, corporate earnings are "going gangbusters" and the AI investment was continuing to…
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CNW CurrenSees Exploring the policies, markets and global events influencing currencies and the movement of money worldwide June 4, 2026 – via CurrencyNewsWire — According to the Federal Reserve’s latest Beige Book, economic activity expanded at a slight to moderate pace across most Federal Reserve districts, supported by continued strength in manufacturing, stable banking…
WASHINGTON– President Donald Trump appointed Bill Pulte, director of the Federal Housing Finance Agency, as the new acting director of national intelligence, tapping a trusted ally with no previous experience in an intelligence role to replace Tulsi Gabbard. In his new role, Pulte will oversee the U.S. intelligence community, composed of 18 agencies, including…
Retirement planning in America is largely focused on providing for the living expenses of retirees. What happens when you throw in a child? "I think it's a topic that's going to come up more and more," said Patrick Huey, a certified financial planner in Naples, Florida.
Paul Winfree, who wrote the Project 2025 chapter calling for sweeping Fed reforms, is now advising the new central bank chair.
Jerome Powell– who, until last week, led the U.S. central bank– received the John F. Kennedy Library Foundation’ s Profiles in Courage Award on Sunday for what the organization saw as his resistance to pressure from President Donald Trump to lower interest rates. The award, presented annually, usually goes to an elected official– past recipients include former…
Jerome Powell, the governor and former chair of the U.S. Federal Reserve, warned of the consequences of a politicized Fed and issued a broad call to defend democratic institutions in his first public remarks since completing his eight-year term at the helm of the U.S. central bank. "It is essential that we preserve what is good about these institutions, even as we…
Hunter Biden’s recent return to social media has sparked a wave of speculation about his political future, including an unlikely but increasingly discussed possibility: a run for president in 2028. The latest fuel for that conversation came this week when political prediction market account Kalshi Politics posted that Hunter Biden had a 14% chance of…
Despite her own disability, Bonnie Beaman worked to help her challenged daughter have a better life. Then came Medicaid cuts.
CIBC Asset Management Inc grew its position in shares of Analog Devices, Inc. (NASDAQ:ADI – Free Report) by 29.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 228,977 shares of the semiconductor company’s stock after purchasing an additional 52,310 shares during the quarter.…
Seaview Investment Managers LLC purchased a new position in JPMorgan Chase & Co. (NYSE:JPM – Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 25,118 shares of the financial services provider’s stock, valued at approximately $8,094,000. JPMorgan Chase & Co. comprises approximately…
Peak Wealth Management LLC purchased a new stake in Amazon.com, Inc. (NASDAQ:AMZN – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 2,062 shares of the e-commerce giant’s stock, valued at approximately $476,000.
Legal & General Group Plc trimmed its holdings in shares of MGIC Investment Corporation (NYSE:MTG – Free Report) by 24.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 368,183 shares of the insurance provider’s stock after selling 116,586 shares during the period. Legal &…
Parkside Investments LLC reduced its holdings in Alphabet Inc. (NASDAQ:GOOG – Free Report) by 7.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 51,244 shares of the information services provider’s stock after selling 4,160 shares during the period. Alphabet makes up about 2.0%…
Wisconsin healthcare advocates have been worrying for months that new work requirements for some people on Medicaid that will take effect next year will make it harder for people who are eligible to get on, or stay on, the health insurance program.
On May 29, Massachusetts Attorney General Andrea Campbell, a Democrat, took a significant step to crack down on Medicaid fraud, filing a complaint in Suffolk Superior Court accusing health insurer United Healthcare of submitting more than $100 million in fraudulent claims to MassHealth. A spokesperson for United Healthcare, in a statement emailed to the…
Paxos Securities Settlement Company has received regulatory approval to provide clearing and settlement services for U.S. stocks on a blockchain. The U.S. Securities and Exchange Commission (SEC) has authorized stablecoin issuer Paxos to become the first blockchain firm authorized to operate as a central securities depository for traditional stocks.
In this time of idiocracy, Donald Trump has replaced Tulsi Gabbard, the clownfuckingly incompetent former director of national intelligence with a soft spot for dictators, with Bill Pulte, the blockheaded golden boy construction heir who runs the Federal Housing Finance Agency and chairs Fannie Mae and Freddie Mac. He will reportedly continue to serve in…
In a significant ruling for insurance policyholders, the Ninth Circuit Court of Appeals recently reversed a lower court’s decision in Sycks v. Transamerica Life Insurance Company. This case highlights the judicial commitment to protecting the “reasonable expectations” of insureds, particularly when insurance policy language is complex or contradictory.
Eurizon Capital SGR S.p.A. bought a new stake in shares of Cincinnati Financial Corporation (NASDAQ:CINF – Free Report) in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm bought 7,540 shares of the insurance provider’s stock, valued at approximately $1,231,000.
