The Federal Reserve raised interest rates a quarter point Wednesday, its first increase in three years, a unanimous move that came despite President Donald Trump's demands for cuts, with officials signaling more increases could follow this year. The increase keeps short-term borrowing costs elevated heading into fall for credit cards and auto loans, and can…
John C. Stanchina, who currently oversees Marsh Agency's mid- Atlantic operations and is based in Henrico County, will become president of Marsh Agency, a middle-market insurance and employee benefits company, in 2027.. Matt Stadler has been named CEO of Marsh Agency, effective Jan. 1, 2027, and will report to Nick Studer, president and CEO of Marsh Risk, its parent…
The Federal Reserve raised interest rates Wednesday for the first time in several years in the face of stubborn inflation. The central bank's Federal Open Market Committee, under Fed Chair Kevin Warsh, voted unanimously to increase the central bank's benchmark interest rate to a range of 3.75 percent to 4 percent. It marks the first time the Fed has hiked rates…
For a third time, the U.S. House has voted to end the war in Iran, approving a war powers resolution that would halt President Donald Trump’ s ability to continue military action without congressional approval. Trump is in North Carolina on Wednesday to campaign with Republican Senate nominee Michael Whatley as the former national party chairman tries to shore…
The staffs of roughly 200 New Jersey school systems may not know their 2027 health benefits premium costs when open enrollment starts next month as a result of a bureaucratic stalemate. Governor appointees to the School Employees' Health Benefits Commission, which governs the program, say state statutes restrict drastic changes to the benefits, which cover…
“The average annual homeowners’ insurance premium in Texas rose 79 percent in six years,” Abbott said.“ High insurance costs hit Texas families hard,” which is why he directed TDI“ to put consumers first, and TDI is taking action to do so. This is after Abbott proposed creating a Texas roof fortification program, The Center Square reported.. He also instructed TDI to…
MONTPELIER, Vt.—- National Life Group has been recognized on Forbes list of America’ s Best Insurance Companies 2027, previously making the list in 2024 and 2025. The award list was announced on September 15, 2026, and can be viewed on the Forbes website. America’ s Best Insurance Companies 2027 ranking is based on an independent survey of over 18,000 U.S. citizens.
The following information was released by the U.S. Senate Committee on Banking, Housing, and Urban Affairs:. United States Senator Elizabeth Warren, Ranking Member of the Senate Banking, Housing, and Urban Affairs Committee released the following statement:. "Donald Trump is driving up costs so much that even his sock puppet at the Fed might raise interest rates.
