When Ian Davey of Davenport, Florida, filed an insurance claim for a 2023 car crash with a day care bus in Queens, he filled in a section asking whether the incident was staged with a definitive answer: “Hells F–ing NO.”
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For Russian-speaking Americans, navigating the U.S. financial system can feel like translating two languages at once, both the words and the concepts. A financial advisor who understands your cultural background, immigration journey, and cross-border financial complexities can make all the differenc…
JPMorgan Chase & Co., Visa, Bank of America, Intuit, and Citigroup are the five Financial stocks to watch today, according to MarketBeat’s stock screener tool. Financial stocks are shares of companies that provide financial services—such as banks, insurance companies, brokerages, asset managers, payment processors and certain real estate investment trusts—whose businesses…
State Farm, the nation’s largest auto insurer, has lowered insurance rates and is issuing an average dividend of $100 per vehicle to policyholders. Why it matters: Insurance rates skyrocketed during the pandemic, when vehicle prices spiked, but prices have since cooled off amid falling repair costs. Driving the news: State Farm policyholders on more than 49 million vehicles will…
EJF Capital LLC acquired a new position in shares of Simmons First National Corporation (NASDAQ:SFNC – Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 225,805 shares of the bank’s stock, valued at approximately $4,329,000. Simmons First National accounts for…
Lasalle Investment Management Securities LLC cut its stake in Sun Communities, Inc. (NYSE:SUI – Free Report) by 92.9% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 53,134 shares of the real estate investment trust’s stock after selling 693,298 shares during…
EJF Capital LLC purchased a new stake in shares of Merchants Bancorp (NASDAQ:MBIN – Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 36,297 shares of the company’s stock, valued at approximately $1,154,000. EJF Capital LLC owned about 0.08%…
Foyston Gordon & Payne Inc acquired a new stake in shares of Salesforce Inc. (NYSE:CRM – Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 17,418 shares of the CRM provider’s stock, valued at approximately $4,128,000.
EJF Capital LLC acquired a new position in shares of BankUnited, Inc. (NYSE:BKU – Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 62,414 shares of the financial services provider’s stock, valued at approximately $2,382,000. BankUnited accounts for about 1.4% of EJF…
New Age Alpha Advisors LLC increased its position in shares of American Homes 4 Rent (NYSE:AMH – Free Report) by 31.2% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 263,107 shares of the real estate investment trust’s stock after buying an…
An epic capital spending boom is squeezing certain prices higher, while promising sharp productivity gains and potentially huge job losses. What’s a central banker to do? The big picture: The AI boom is likely to affect the appropriate monetary policy in multiple ways, with some effects pointing to higher rates and others toward lower. Those different impacts will play out on…
Prediction market Kalshi disclosed Wednesday that it had suspended two users — an editor for the MrBeast YouTube platform and a former California gubernatorial candidate — for allegedly violating its prohibition against "insider trading." Why it matters: Prediction markets are under scrutiny over whether their platforms enable people with inside information to financially…
Lawmakers in California and New York are advancing similar bills to hold polluters accountable. Last year the Legislature passed a first of its kind resolution urging property insurers to take Big Oil to court to recover losses related to climate change, rather than raising premiums. Just from 2025 to 2026, Hawaiʻi homeowners are seeing premiums…
A new bill is meant to help save Illinois drivers money, but this writer says it does the opposite.
Gov. Walz unveils an anti-fraud package for 2026, wants to end earmarks to nonprofits.
CSVCAP notes that the global gold market is currently undergoing a period of structural adjustment shaped by monetary policy expectations, central bank reserve strategies, and ongoing macroeconomic uncertainty. While short-term price movements continue to reflect immediate economic data releases and currency fluctuations, the broader trajectory of gold remains closely tied to…
March seems to be more about the unfolding of current forces driving the capital markets, rather than new forces or policies. All the G10 central banks but the Reserve Bank of New Zealand meet in March, and none are likely to change policy. China formalizes its next Five-Year Plan. In the US, the Supreme Court’s ruling that the president’s use of emergency powers to levy widespread…
Dr. David Edward Marcinko, MBA MEd SPONSOR: http://www.CertifiedMedicalPlanner.org *** *** Prediction markets have evolved into a distinctive mechanism for aggregating information, translating collective expectations into tradable prices that reflect the probability of future events. At their core, these markets allow participants to buy and sell contracts whose value depends on…
Flood insurance is pushing buyers out of coastal real estate markets and creating an affordability barrier that is often overlooked. Joseph DeNaro, a realtor at Realty ONE Group Emerge who specializes in New Jersey beach communities, says flood insurance has become a third major cost factor, along with mortgage rates and property taxes, that removes […]
Hohimer Wealth Management LLC lowered its holdings in The Sherwin-Williams Company (NYSE:SHW – Free Report) by 79.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 772 shares of the specialty chemicals company’s stock after selling 3,071 shares during the quarter. Hohimer Wealth Management…
