10 Years of Future-Proofing Its Business Model for This Exact Moment MIAMI, FL – May 12, 2026 (NEWMEDIAWIRE) – Novus Acquisition & Development Corp. d/b/a Novus Cannabis MedPlan (OTC: NDEV), a pioneer operating as a Specialized Cannabis and Traditional Health Insurance Carrier, today announced its Q1 2026 financial highlights during a landmark era for the industry. Novus is…
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The AFL-CIO, SEIU, and three of the largest teachers’ unions in the United States have formally urged senators to reject a crypto regulation bill set for a committee vote Thursday, warning that it could push pension funds and retirement systems deeper into volatile digital asset markets with inadequate consumer protections.
Advertisement On May 15, Jerome Powell’s tenure as chair of the Federal Reserve came to an end, bringing to a close one of the most significant periods of monetary policy in the history of cryptocurrency.
Data: KFF; Note: Enhanced ACA subsidies began in 2021 and ended in 2025.; Chart: Zachery Eanes/Axios The number of North Carolinians enrolled in health insurance plans through the Affordable Care Act has fallen significantly this year. More than 200,000 fewer people are getting insurance via the program this year, according to data compiled by KFF. Why it matters: The drop came…
Pennsylvania’s Affordable Care Act marketplace has seen health insurance cancellations skyrocket so far this year. The big picture: Spiking insurance premiums, driven in part by recently expired federal subsidies, are pushing enrollment down, as higher costs for energy, gas and food strain household budgets. State of play: Roughly 45,000 Pennsylvanians have dropped coverage through…
Retired AME Church ministers who sued over missing pension funds in an alleged embezzlement scheme settled with a life insurance group in a major resolution.
MONTREAL/ LONDON/ NEW YORK, May 12, 2026– Structured by T-RIZE Group, the Kairos Digital Loan Notes High-Yield programme opens with an initial $50 million tranche available to eligible institutional and qualified investors through regulated broker-dealers, including Texture Capital and Black Manta Capital Partners. T-RIZE Group today announced the…
Danica Pension Livsforsikringsaktieselskab boosted its stake in JPMorgan Chase & Co. (NYSE:JPM – Free Report) by 21.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 184,229 shares of the financial services provider’s stock after acquiring an additional 32,206 shares during…
First Eagle Investment Management LLC raised its holdings in shares of Omnicom Group Inc. (NYSE:OMC – Free Report) by 0.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,352,034 shares of the business services provider’s stock after purchasing an additional…
By AMELIA TWYMAN Capital News Service Self-employed piano and voice teacher Alice Goldberg of Cheverly, Maryland, was paying only $28 a month for health insurance last year thanks to a combination of state and federal subsidies that covered a significant portion of her costs. But now Goldberg’s federal subsidy has gone away, leaving her with […] The post Loss of federal…
Nearly 97% of the 1,507 Americans surveyed in February by financial services firm JG Wentworth said they had health insurance. In JG Wentworth's poll, 85.1% of respondents said they already had medical debt, and 81.3% owed $1,000 to $10,000. "While health insurance is in place to reduce your medical costs, it doesn't eliminate them entirely," a JG Wentworth…
Data: Federal Reserve Bank of New York; Chart: Courtenay Brown/Axios The uncomfortable new normal for the U.S. economy: spending growth concentrated at the top of the income ladder, a split largely explained by wealth gains from financial assets. Why it matters: The K-shaped economy is real, though it is not particularly new. That’s the conclusion of research out Friday morning…
When Kevin Warsh takes over as Federal Reserve chair, he will face vocal internal opposition to any attempts to cut rates prematurely. His predecessor will also still be roaming the halls. Why it matters: Taken together, Wednesday’s news out of the William McChesney Martin Jr. Building means that Warsh will face serious constraints if he wants to rapidly steer the Fed in ways that…
Federal Reserve chair Jerome Powell said on Wednesday that he will remain a central bank governor "for a period of time to be determined," citing attempted political interference. Why it matters: It extends Powell’s influence over monetary policy beyond the conclusion of his term as Fed chair on May 15. His term as one of seven Fed governors extends through January 2028. It denies…
The Federal Reserve left interest rates steady Wednesday in what was almost certainly Jerome Powell’s final meeting as its leader, but there were the most internal dissents at a Fed meeting in 34 years. The big picture: The surprising dissents show that Kevin Warsh, whose confirmation to lead the Fed is pending in the Senate, will face significant internal resistance to delivering…
Vinci Compass Investments NASDAQ: VINP reported record fee-related earnings for the first quarter of 2026, with management highlighting growth in assets under management, contributions from the Verde consolidation and continued expansion across Latin America.
Property and casualty insurance companies process millions of claims annually, according to the Insurance Information Institute. This includes those related to contractor and construction damage. There are several disputes regarding contractors’ insurance claims in the US involving challenging the findings, payout amount, or denial decision made by an insurance company after…
TOPEKA — Kansas state employees can choose between two health insurance companies after the Health Care Commission voted Monday to move forward with Aetna and Blue Cross Blue Shield of Kansas. Commission members debated whether to choose Aetna, dropping Blue Cross, for the state’s health insurance beginning Jan. 1, 2027, to save an estimated $240…
Many Michigan drivers expected auto insurance costs to keep falling after the state’s major no-fault reform changes. Instead, some residents are opening renewal notices this month and discovering that premiums are rising again, particularly in policies tied to Personal Injury Protection coverage. The latest increases are connected to ongoing adjustments involving PIP selections,…
