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Royal Bank of Canada Decreases Stake in Rocket Lab USA, Inc. (NASDAQ:RKLB)

May 22, 2025

Royal Bank of Canada cut its position in shares of Rocket Lab USA, Inc. (NASDAQ:RKLB – Free Report) by 10.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,999,629 shares of the rocket manufacturer’s stock after selling 223,784 shares during the…

N.J. public health plans are in distress — how would our governor hopefuls fix the mess?

May 22, 2025

Riven by years of municipal departures, soaring premiums, and surging prescription drug use, the local government part of the State Health Benefits Program is on a path to complete collapse, and New Jersey’s gubernatorial hopefuls differ on how to fix it.

Kelly explains how proposed federal budget cuts would impact AZ

May 22, 2025

As Republicans in Washington continue to negotiate provisions in President Donald Trump’s "big, beautiful" bill, a recent report from the Joint Economic Committee shows more than 300,000 Arizonans would lose health-insurance coverage if it were to become law.

CT lawmakers pledged long-term care insurance reform. Will it happen?

May 22, 2025

LTCI " data-image-caption="Genworth Financial, which has an office in Stamford, is one of the largest providers of long-term care insurance in the U.S. " data-medium-file="https://ctmirror.org/wp-content/uploads/2024/12/2024_1106_SR_Genworth_011-336×224.jpg" data-large-file="https://ctmirror.org/wp-content/uploads/2024/12/2024_1106_SR_Genworth_011-771×514.jpg" /> CT lawmakers who…

Why Volusia schools has faith in Curative, health-insurance startup led by 30-year-old CEO

May 22, 2025

After four decades, Volusia County Schools has abandoned its local health-insurance provider for a Texas startup led by a 30-year-old British ex-pat.

Why Volusia schools has faith in Curative, health-insurance startup led by 30-year-old CEO

May 22, 2025

After four decades, Volusia County Schools has abandoned its local health-insurance provider for a Texas startup led by a 30-year-old British ex-pat.

What Cuts to Medicaid and Obamacare Could Mean for Hospitals, Insurers and You

May 22, 2025

As Republicans consider major changes to Medicaid and Obamacare, we asked a leading economist about the shockwaves these sharp policy shifts could send throughout the entire health care system. Congress could soon overhaul health insurance in two big ways.

Over 7M could lose Medicaid coverage

May 22, 2025

WASHINGTON– House Republicans are proposing sweeping changes to the federal Medicaid program that would kick millions of beneficiaries off the health insurance program, which covers more than 71 million low-income Americans. The bill would also bar Medicaid from funding services at clinics that also perform abortions, such as Planned Parenthood.

Congressman in federal workers' corner

May 22, 2025

Mr. Connolly announced in November that he had been diagnosed with esophageal cancer, just days after winning reelection to his ninth term in the House of Representatives. As a young man, Mr. Connolly spent a decade as a Senate Foreign Relations Committee staffer overseeing the foreign assistance program and writing the annual foreign aid authorization bill.

State Farm seeks rest of 30% rate hike after getting approved for 17%

May 22, 2025

(The Center Square) – State Farm, California’s largest property insurer, is seeking the remainder of its originally requested 30% rate hike after getting emergency, temporary approval for a 17% rate hike earlier this month due to cost pressures from the state’s wildfires.

Health insurance Corpus Christi urged to expand coverage for weight loss drugs

May 21, 2025

Older adults call for better access to weight loss medications through health insurance Corpus Christi, highlighting the need for inclusive coverage and evolving group health policy standards.

Tax Efficiency Benefits Wealth Management Strategy

May 21, 2025

The discussion centers on a tax-planning strategy that focuses on reducing taxable income, which can produce significant savings compared to solely chasing higher investment returns. A real-life example illustrates how a high-income couple can lower their tax burden by using a specialized investment fund. This approach frees up capital, enabling an impressive effective return…

Louisiana won’t switch from an elected insurance commissioner to an appointed one

May 21, 2025

Legislation to convert Louisiana’s insurance commissioner from an elected office into an appointed one stalled on the state Senate floor Tuesday when the author of the proposal realized it was likely to fail.

Berkshire Hathaway’s profit dips, cash at record

May 21, 2025

Warren Buffett’s Berkshire Hathaway reported a decline in quarterly profit due to increased claims from wildfires. However, the company’s cash holdings surged to a record $347.7 billion. Wildfires have impacted several of Berkshire Hathaway’s insurance operations, leading to significant payouts.

L.A. Homeowners’ Suits Misread California’s Insurance Troubles

May 21, 2025

By Lewis Nibbelin, Contributing Writer, Triple-I Two lawsuits filed in Los Angeles claim major California insurers colluded illegally to impede coverage in wildfire-prone areas, forcing homeowners into the state’s last-resort FAIR Plan. Accusing carriers of violating antitrust and unfair competition laws, the two suits exemplify an ongoing disconnect between public and insurer…

Macro Briefing – Wednesday, May 21

May 21, 2025

The U.S. continues to struggle to fill open employment roles at manufacturing firms. There are nearly half a million open manufacturing jobs at the moment, according to the Bureau of Labor Statistics.

NJ local government health coverage at risk of ‘death spiral’

May 21, 2025

The health insurance system New Jersey uses to cover some 156,000 local government workers, retirees and their families is facing a “death spiral,” according to state officials, the result of rising prices, increasingly sick members and reduced cash reserves.

Cities Where Home Prices are Actually Falling

May 21, 2025

Housing In recent years, a number of intertwined economic forces have created one of the worst markets for prospective homebuyers in memory. In an effort to bring down inflationary pressures, the Federal Reserve has hiked interest rates, resulting in higher borrowing costs for mortgage holders. Since September 2022, the average interest on a 30-year fixed-rate…

Having $3M in Investments—Why Doesn’t It Feel Sufficient?

May 21, 2025

Personal Finance Published: May 21, 2025 1:12 pm Last Updated: May 21, 2025 1:13 pm Reaching 50 with $3 million saved is a significant achievement. According to the Federal Reserve’s 2022 Survey of Consumer Finances, analyzed by the Employee Benefit Research Institute, only 0.8% of U.S. households (across all ages) have $3 million or more…

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