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Newswires

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Federal Reserve hikes rates, sees more tightening ahead

6 minutes ago Newswires No comments.

WASHINGTON— The Federal Reserve raised interest rates Wednesday and flagged further increases in borrowing costs in coming months, with new U.S. central bank chief Kevin Warsh joining a unanimous decision that effectively acknowledges the Trump administration's inability so far to control inflation. While President Donald Trump promised to lower…

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Fed raises interest rates for first time in 3 years, battling persistent inflation

6 minutes ago

WASHINGTON— The Federal Reserve raised interest rates Wednesday for the first time in three years as inflation continues to dog the economy, largely driven by soaring gas and fuel oil prices while the war in Iran drags on. The central bank's Federal Open Market Committee voted 12-0 to increase its benchmark interest rate by a quarter of a percentage point,…

5 Best Home Warranty Companies in Virginia

23 minutes ago

Virginia homes face humid summers, freezing winters, and coastal storms in the same year. Liberty Home Guard- Best overall for Virginia homeownersAmerican Residential Warranty- Strong electronics and roof add-onsAIG Home Warranty- Insurer backing and dependable payoutsChoice Home Warranty- Simple, affordable nationwide plans2-10 Home Buyers Warranty-…

What the Fed's recent rate hike means for your money

2 hours ago

The Federal Reserve announced a 0.25% interest rate hike on Sept. 16, raising its benchmark interest rate into the 3.75% to 4% range. "The plain fact is that inflation is too high, and has been for too long," new Fed Chairman Kevin Warsh said after the announcement. Inflation has remained above the Fed' s 2% target for more than five years, worsening since the start of the…

Gold Moves Toward 4,500 as Central Bank Risks Ease

4 hours ago

Get Started 74% of retail CFD accounts lose money Read Review. With the Federal Reserve, Bank of Japan, and Bank of England decisions behind us, attention is shifting back to interest rates, the U.S. dollar, and the geopolitical backdrop. The Bank of Japan also raised rates, but the decision was not unanimous.

Firms move to cut benefits

4 hours ago

Walt Disney, Bloomberg, Starbucks and Deloitte are among those taking actions next year to rein in healthcare spending, from restricting spousal coverage to eliminating plan options or cutting drug benefits to deal with soaring costs. Insurer Aon predicted even higher costs, with U.S. employer healthcare costs increasing 9.5% next year, pushing average…

AM Best Upgrades Credit Ratings of Enact Holdings, Inc. and Certain Operating Subsidiaries

5 hours ago

AM Best has upgraded the Financial Strength Rating to A from A- and the Long-Term Issuer Credit Rating to“ a” from“ a-” of the following operating subsidiaries of Enact Holdings, Inc.: Enact Mortgage Insurance Corporation and Enact Mortgage Insurance Corporation of North Carolina. Both operating companies are domiciled in Raleigh, N.C. In addition, AM Best has…

Opelika City Council approves new regulations for hemp stores

5 hours ago

The Opelika City Council approved new regulations for hemp stores during its regular Tuesday meeting. The city council approved an annual General Liability Insurance agreement with Marsh& McLennan Agency. The city council approved a new job description for the Library Programming and Outreach Coordinator.The city council approved reclassifying the…

OKLAHOMA VOICE: Fed raises interest rates for first time in 3 years, battling persistent inflation

5 hours ago

WASHINGTON— The Federal Reserve raised interest rates Wednesday for the first time in three years as inflation continues to dog the economy, largely driven by soaring gas and fuel oil prices while the war in Iran drags on. The central bank's Federal Open Market Committee voted 12-0 to increase its benchmark interest rate by a quarter of a percentage point,…

Firms move to cut benefits

5 hours ago

Walt Disney, Bloomberg, Starbucks and Deloitte are among those taking actions next year to rein in healthcare spending, from restricting spousal coverage to eliminating plan options or cutting drug benefits to deal with soaring costs. Insurer Aon predicted even higher costs, with U.S. employer healthcare costs increasing 9.5% next year, pushing average…

ConsumerCoverage Publishes 2026 Analysis on Rising Driver Costs

5 hours ago

New analysis examines how inflation, gasoline prices, vehicle repair costs, and auto insurance are affecting American drivers.

Seeking Income And Volatility-Driven Gains: Does Actively Managed BNDS Offer Best Of Both Worlds?

6 hours ago

DETROIT, MICHIGAN- September 18, 2026- Will the Federal Reserve continue to raise interest rates or keep them steady? Yet economists and some Fed reserve governors are split on whether a rate hike will be enough to tame rising prices in the stores and at the pump, pointing to the war in Iran and tariffs, rather than underlying problems. Meanwhile, the White House…

Idaho looks at Montana model amid rising health insurance costs

6 hours ago

Sep. 18— BOISE— A committee of Idaho legislators continued its study of health insurance in the state on Tuesday, with an examination of Montana's response to rising costs and suggestion for the formation of an ongoing legislative committee to examine healthcare issues each year. Committee members heard from the administrator of Montana's health benefits…

How good is senior healthcare in California? See latest state rankings

6 hours ago

California was among one of the best states for senior healthcare in the United States, with high scores for prescription plans, coverage and more. See why California was among the best places for seniors seeking healthcare coverage in 2026:. California came in fourth place on Medicare Guide’ s 2026 of the list of the best states for senior healthcare, with an…

Healthcare access, treasurer says, improved for State Health Plan

6 hours ago

–Nearly 750,000 teachers, state employees, retirees, lawmakers active and retired, and members of higher education on Jan. 1 will have a new healthcare access through the State Health Plan and 12 Atrium Health hospitals in North Carolina. Members of the plan using primary care provided with Atrium Health can continue at no change in cost or benefit.

Trump backs Warsh, blames Fed board for rate hike

6 hours ago

–President Donald Trump blamed the Federal Reserve board for raising interest rates against his wishes, but the board he faulted includes three of his own appointees, all of whom voted for the increase. The federal government's interest costs have climbed as higher rates and a growing debt load raise the cost of borrowing and refinancing, with interest expense…

Is Your Home Insurance Enough to Weather a Disaster? How to Check

6 hours ago

You might assume you're covered for repairs after a disaster because you have homeowners insurance. Unfortunately, you could be wrong. As extreme weather becomes more frequent and destructive, homeowners across the country are discovering gaps in their insurance policies— after the damage has already been done.

September Issue of Best’s Review Ranks Top Mutuals and More

7 hours ago

The September issue of Best’ s Review includes the following exclusive rankings:. Top 25 US Property/Casualty Mutual Writers. Headquartered in the United States, the company does business in over 100 countries with regional offices in London, Amsterdam, Dubai, Hong Kong, Singapore and Mexico City.

County gets $208K back from alleged theft

7 hours ago

Bedford County says it has recovered a majority of the money from a recent fraud scheme involving its finance department. Additionally, the statement said the remaining $38,685.31 was reimbursed through the county's social engineering fraud liability insurance coverage, and results in no financial loss to Bedford County taxpayers.

Audit: Medicaid program erroneously paid up to $4.1M

7 hours ago

Oregon’ s Medicaid program overpaid up to $4.1 million to local healthcare organizations across the state after state officials failed to account for hundreds of duplicate identification codes for enrollees, putting federal funding for the program at risk, according to a new audit. State auditors believe that the duplicate codes cost the state anywhere…

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