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Tillis crashes Trump’s Fed tour

July 25, 2025

Sen. Thom Tillis (R-N.C.) joined the Fed tour on Thursday. Why it matters: The question for President Trump is if Tillis will join the battle on who should replace Fed Chair Jerome Powell — and which side he’ll be on. On a Senate Banking Committee with a 13-11 partisan split, each Republican will have the ability to vote with Sen. Elizabeth Warren (D-Mass.) and deadlock the…

Remembering Stephen Brown, the ‘Wizard of Oz’ who took John Hancock public

July 25, 2025

Would Mr. Brown— then an actuary overseeing individual life insurance products— move to the investment department, learn the ropes, and potentially take it over? A math major who joined Hancock straight out of college, Mr. Brown had no investment experience. Mr. Brown took her advice, betting that“ this would give me a real chance to run the company, "as he recalled in a…

Trump visits Fed in escalation of his pressure campaign against Powell

July 25, 2025

President Donald Trump took his criticism of Federal Reserve Chair Jerome H. Powell directly to the central bank chief Thursday afternoon, an unusual escalation of the White House's stinging critiques of cost overruns in renovating the historic buildings that house the Fed and, more broadly, the Fed's refusal to lower borrowing costs. The president's…

Experts weigh in on Powell, Fed renovations

July 25, 2025

Federal Reserve Chairman Jerome Powell may finally have had enough of the White House's pressure campaign to have him either slash rates or resign. For months, Powell has resisted reacting to constant public berating from President Donald Trump, but the final straw may have come earlier this month when White House advisers alleged Powell either lied to…

Putting ‘Quasi’ Back in the GSEs

July 25, 2025

BLOG VIEW: The U.S. Treasury Department and the Federal Housing Finance Agency (FHFA) have jointly issued new guidelines on releasing Fannie Mae and Freddie Mac from government supervision, restoring Treasury’s authority to approve any release plan.

Trump tussles with Powell during Federal Reserve visit but backs off firing threat

July 24, 2025

President Donald Trump said he won't fire Jerome Powell following a clash at the Federal Reserve that saw the Fed chair correct the president.

Trump tussles with Powell during Federal Reserve visit but backs off firing threat

July 24, 2025

President Donald Trump said he won't fire Jerome Powell following a clash at the Federal Reserve that saw the Fed chair correct the president.

Naples' Byron Donalds champions tax break bill to ease burden of flood insurance prices

July 24, 2025

Would an extra $800 a year help? New bill aims to ease the strain of flood insurance with tax relief for middle-income homeowners

President Trump to visit Federal Reserve, ups pressure campaign on Jerome Powell

July 24, 2025

President Trump's trip to the Federal Reserve marks just the fourth time a president has visited the Fed, which operates as an independent agency.

President Trump to visit Federal Reserve, ups pressure campaign on Jerome Powell

July 24, 2025

President Trump's trip to the Federal Reserve marks just the fourth time a president has visited the Fed, which operates as an independent agency.

New laws: You should know about these five bills that South Carolina lawmakers passed

July 24, 2025

Cellphone use while driving, education, and liquor liability insurance costs are among 81 bills from the 2025 legislature sent to the governor's desk

NY Alert: Federal Cuts Threaten More Than 1 Million Medicaid Recipients

July 24, 2025

Despite some celebrating the so-called "big, beautiful bill" pushed by President Donald Trump, in New York State the alarms are louder than ever. Kathy Hochul warned that thousands of New Yorkers are at serious risk of losing their health insurance coverage. Kathy Hochul has instructed state agencies to devise contingency plans to mitigate the impact, but…

3 Michigan hospitals ‘at risk’ of closing due to Trump Medicaid cuts UNC researchers identified three Michigan hospitals among 300-plus nationwide that may not survive Medicaid cuts approved by Trump.

July 24, 2025

Three rural Michigan hospitals are at a“ disproportionate risk of closing” due to the effects of the recently signed“ Big Beautiful Bill.”. The Michigan hospitals include McLaren Central Michigan in Mount Pleasant, University of Michigan Health-Sparrow Carson City Hospital and Ascension Borgess-Lee Hospital in Dowagiac. A fourth Michigan hospital— Aspirus…

Unum Group (NYSE:UNM) Shares Purchased by AE Wealth Management LLC

July 24, 2025

AE Wealth Management LLC boosted its position in Unum Group (NYSE:UNM – Free Report) by 1,863.1% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 133,982 shares of the financial services provider’s stock after acquiring an additional 127,157 shares during the quarter. AE Wealth Management…

Noesis Capital Mangement Corp Sells 2,181 Shares of Tesla, Inc. (NASDAQ:TSLA)

July 24, 2025

Noesis Capital Mangement Corp cut its holdings in shares of Tesla, Inc. (NASDAQ:TSLA – Free Report) by 6.5% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 31,334 shares of the electric vehicle producer’s stock after selling 2,181 shares during the…

Marketplace tax credits benefit everyone. Here's what will happen if they're cut | Opinion

July 24, 2025

If tax credits on Marketplace health insurance plans end, many people may lose coverage. This can impact their health and raise premiums for others.

Marketplace tax credits benefit everyone. Here's what will happen if they're cut | Opinion

July 24, 2025

If tax credits on Marketplace health insurance plans end, many people may lose coverage. This can impact their health and raise premiums for others.

RI lawmakers get free health insurance. Here's who is voluntarily paying, and who isn't.

July 24, 2025

The perk is worth up to $31,412.40 a year for lawmakers choosing a top-tier family plan, but not everyone takes it.

Poll: Property insurance biggest issue for Florida Republicans

July 24, 2025

A new survey by the University of North Florida Public Opinion Research Lab (PORL) shows that Florida Republicans are peeved about homeowners’ insurance. One in 5 respondents say property insurance is the biggest issue they face, including 26% of those voters 65 years of age or older.

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