Banco Santander announced Tuesday that its $12.2 billion acquisition of Stamford-based Webster Bank had been approved by the Federal Reserve, putting it on the verge of completing the deal. The authorization of the transaction by the Federal Reserve System's Board of Governors follows approvals by the Connecticut Department of Banking and federal…
These changes are contrary to Vermont's long-held "community rating" which mandates all people in the same group pay the same amount. Prior to establishment of Vermont's community rating, insurers denied coverage to people, refused to cover current and pre-existing conditions, and charged women higher rates than men. Governor Scott's focus on the cost of…
Most adult Americans take at least one prescription drug, and for too many, getting that prescription filled means battling the very system that's supposed to help them. Insurance denials have become alarmingly routine. And even when patients manage to access treatment, affordability remains a major challenge: nearly 60% of U.S. adults worry about being able…
In his campaign to remake the Federal Reserve, Chair Kevin Warsh has engaged what he calls the "very best minds." Yet there is a conspicuous absence from the various task forces he has created: anyone representing regular people or labor organizations. Fortunately, the Fed does not need a new task force to hear from the public— it just needs to listen to the Americans…
The continuing consistency reflects in broad terms the strategic commitment of new Fed Chairman Kevin Warsh to focus on data, not drama or political pressures. This laudable high-minded commitment is more easily declared than achieved in Washington at any time, but especially in the current intensely charged environment. The three dissenters were Beth…
CPI Card Group Inc., a payments technology leader providing a comprehensive range of physical and digital payment solutions for U.S. financial institutions, processors, fintechs, prepaid program managers and more, today reported financial results for the quarter ended June 30, 2026, and increased its 2026 financial guidance targets for revenue growth and…
On July 27, the New Jersey School Employees' Health Benefits Program commission approved the fiscal year 2027 health premium rate increases for retirees, but tabled the vote for active employees until Aug. 19, a treasury spokesperson confirmed. The New Jersey Educators' Association, which has been advocating for lower premiums all year, released a statement…
Fly Baghdad has announced that it has been removed from the U.S. Department of the Treasury’s Office of Foreign Assets Control List of Specially Designated Nationals and Blocked Persons, marking the successful conclusion of a comprehensive two-year compliance transformation. As of that date, Fly Baghdad is no longer subject to U.S. blocking sanctions, and…
