Federal Reserve Bank of Minneapolis President Neel Kashkari delivered another pointed criticism of crypto while defending the Federal Reserve’s independence during remarks in Fargo, North Dakota, today.
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U.S. Senator Elizabeth Warren, a Democrat from Massachusetts, called on the Treasury Department and the Federal Reserve to confirm that they will not use taxpayer funds to support cryptocurrency investors or firms.
Theodore Roosevelt United States Courthouse in Brooklyn BROOKLYN, N.Y. – A New York judge has dismissed a racketeering lawsuit against lawyers accused of driving up insurance costs by faking accidents, saying the plaintiff insurance companies lacked standing to bring such a case.
California’s insurance crisis is has emerged largely from the growing scale and cost of wildfires. As insurers pay out billions in claims and reassess their exposure across the state, they have sharply raised premiums, reduced coverage, or left the market altogether. While the headlines often focus on homeowners in fire-prone areas, renters are increasingly feeling […]
The prices of precious metals gold and silver pulled back as the latest meeting minutes from the U.S. Federal Reserve show growing disagreement over the future direction of interest rates. The latest minutes show that the Federal Reserve remained divided at its January policy meeting but ultimately voted to pause interest rate cuts for the…
Houston private health insurance plans are gaining renewed focus as individuals evaluate coverage options within limited enrollment periods. Timely action and informed choices remain essential to secure compliant plans that provide essential healthcare benefits and long-term financial protection.
The hotel transaction market has endured one of the most dramatic interest rate increases in recent memory. Still, industry veterans now see signs of stabilization as buyers and sellers adjust their expectations. After the Federal Reserve raised the federal funds rate from 3.25% to 8.5% in just 14 months, starting in March 2022, pricing and […]
Tax refunds are expected to be huge this year. Learn what the fastest and safest way is to get yours and how to track it.
Senator Elizabeth Warren has sent a formal letter to Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell demanding they explicitly rule out any government rescue of crypto markets after Bessent failed to give a straight answer when pressed on whether taxpayer money could be used to support digital assets amid Bitcoin’s 50% slide…
House Judiciary Committee Republicans have subpoenaed eight Affordable Care Act health insurers for documents as part of a widening investigation of potential fraud surrounding the use of premium subsidies in the individual market, Axios has learned. Why it matters: Enhanced premium tax credits for ACA coverage expired on Jan. 1. But Republicans are pressing forward with their…
NewEdge Wealth LLC boosted its position in shares of Ryder System, Inc. (NYSE:R – Free Report) by 2.6% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 243,382 shares of the transportation company’s stock after purchasing an additional 6,150 shares during the…
Data: Commonwealth Fund; Map: Kavya Beheraj/Axios Health insurance costs ate up almost 9% of the median family income in Minnesota in 2024, according to a new analysis. Why it matters: The findings show how tough it can be to afford health care, even with insurance. Zoom in: The state-by-state breakdown of federal data by the Commonwealth Fund looked at how much people spent on…
A coalition backed by health insurers and employers is launching a new a new effort to showcase hospital pricing as a central driver of rising health care costs, Axios has learned. Why it matters: Health care affordability is emerging as a key election-year issue, with the Trump administration and many in Congress increasingly questioning why drug prices and insurance premiums are…
Governor Michael Barr said on Tuesday another central bank interest rate cut could come somewhere well down the road.
As efforts to extend health insurance subsidies have stalled, one negotiator, Ohio Republican U.S. Sen. Bernie Moreno seemed to blame former President Barack Obama’s signature health care law, the Affordable Care Act.
David explains how episodes including the Justice Department’ s attempted prosecution of members of Congress, the political pressure on the Federal Reserve, and the campaign-style appeals delivered at Fort Bragg represent a systematic attempt to erode the guardrails of American democracy. Then, David is joined by Mona Charen, a contributor at The Bulwark…
The Arizona Republican Party’s liability insurance paid $1 million in legal fees for the GOP electors who falsely asserted that Donald Trump won the state’s 2020 electoral votes, former chair Gina Swoboda told members of the party’s executive committee, Axios has learned. Why it matters: The payouts caused sky-high rates that left the party’s directors and officers "effectively…
Tax refunds are expected to be big this year. Learn what the fastest and safest way is to get yours and how to track it.
It’s the rare policy question that unites Republican Gov. Ron DeSantis of Florida and the Democratic-led Maryland government against President Donald Trump and Gov. Gavin Newsom of California: How should health insurers use AI?
Fraud is in the news. And no one likes it or wants it. Not elected officials, legitimate service providers, or the people who use the services. The state is focused on 14 Medicaid benefits, four of which are adult mental health services:
