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MADISON, Wis.- Low-income Wisconsin mothers could stay on Medicaid longer after giving birth and with less paperwork under a bill that has gained bipartisan support in the Republican-controlled Legislature. Democrats have long supported Medicare expansion in Wisconsin, and Democratic Gov. A similar bill failed to pass the Wisconsin Legislature in 2021,…

The move has surprised many as it breaks with their party's socially conservative approach to maternal and reproductive health in favor of one more commonly pushed by Democrats. According to POLITICO, many believe this may be a Republican strategy to soften their image with moderate voters, now that abortion is illegal in almost all circumstances in a…

ROLLING FORK, Miss.- The tornado that collapsed the roof and two walls of Jermaine Wells' Mississippi home also hurled a massive tractor tire that landed near him in the living room as his wife huddled in the laundry room. The couple survived the Friday night storm, but as they picked through the ruins of their one-story home Monday in Rolling Fork, he said they're not…

The president of the Federal Reserve in Boston, Susan Collins, said on Thursday, 30, that she foresees another interest rate hike by the US central bank, followed by a pause in monetary tightening until the end of the year. According to the leader, who participated in a panel at the National Association for Business Economics event, there is still more work to be done…

An officer guards the entrance to the Federal Reserve’s William McChesney Martin Building on March 13, 2023, in Washington, D.C. (Photo by Alex Wong/Getty Images) WASHINGTON — The Biden administration, placing blame on Trump-era rollbacks, Thursday called on federal banking regulators to reinstate safeguards for regional banks after the record-setting collapse of Silicon Valley…

Pre-tax profits of Wall Street firms were cut by 56% year-on-year "due to sharp declines in investment banking fees, influenced by Federal Reserve interest rate hikes, inflation and the Russian invasion of Ukraine," the report said. The auditor acknowledged that lower bonuses "will affect state and city tax collections," and while he noted that economic recovery…

The price of bitcoin, after a brutal plunge in 2022, surged about 70% since early January as traders increasingly bet that the Federal Reserve is close to declaring victory in its war on inflation. The banking crisis that engulfed Silicon Valley Bank, Signature Bank and Silvergate before spreading to Europe is believed to have been triggered in part by the…

WASHINGTON- The Federal Reserve's bank supervisors warned Silicon Valley Bank's management as early as the fall of 2021 of risks stemming from its unusual business model, a top Fed official said Tuesday, but its managers failed to take the steps necessary to fix the problems. The Fed official, Michael Barr, the nation's top banking regulator, said during a Senate…

This quickly changed in 2022 as the Federal Reserve steadily increased interest rates throughout the year in an effort to curb inflation. The 10- year U.S. Treasury rate, a benchmark measurement for interest rate movements, moved from 1.5 percent at the end of 2021 to almost 4 percent at the end of 2022.. The Bloomberg U.S. Aggregate Bond Index suffered a 13 percent…

The U.S. Federal Reserve and Banco de México revised upward their short-term inflation forecasts; however, the long-term outlook remained unchanged. Likewise, last Wednesday, March 22, the Federal Open Market Committee of the U.S. Federal Reserve unanimously decided to increase the federal funds rate by +25 b.p. to a range of 4.75%-5.00%, maintaining for the…

Luc Despins, a New York bankruptcy lawyer, used to take on tough jobs:. A video on the Internet accused Despins of helping to build concentration camps on behalf of the Chinese Communist Party. Guo may now find himself at the end of a remarkable trajectory, from Beijing- savvy billionaire to fugitive critic of the Chinese Communist Party and ally of Trump's…

Kirchner, 35, has since been fired from the heavily backed startup and charged with fraud by the U.S. Securities and Exchange Commission and the Department of Justice on suspicion of stealing company funds for personal use, including the jet. Of the $67 million the company collected from Goldman Sachs and other investors in 2020 and 2021, Kirchner stole $28…

In Newark federal court March 29, an Essex County woman admitted her role in a securities scheme involving a blockchain technology company that fraudulently induced victims to invest more than $25 million in cash and cryptocurrency. Prosecutors say that through CG Blockchain Inc. and BCT Inc., Pardo and a co-defendant, Boaz Manor, touted a product called…

A man from Maryland has admitted his involvement in fraudulently obtaining about $2 million in COVID relief funds and New Jersey unemployment benefits, U.S. Attorney Philip R. Sellinger said. Mohamed Kamara, 42, of Greenbelt, Md., pleaded guilty to wire fraud and conspiracy to commit wire fraud via a video conference before U.S. The New Jersey Department of Labor…

A New Jersey doctor has admitted to writing fraudulent prescriptions for which he received about $5 million in insurance payments, U.S. Attorney Vikas Khanna said. Vincent Tornari, 49, of Linwood, a pharmaceutical sales representative, pleaded guilty earlier this month and Ashley Lyons-Valenti, 66, of Swedesboro, a former advanced nurse practitioner,…

Doctors accused of writing costly prescription without any medical need

Schifeling, a specialist in geriatric and palliative care, recently discussed medical assistance in dying while commenting on an excerpt from“ Death’ s End, "the last book in a science fiction trilogy by Cixin Liu. Lonny Shavelson, chair of American Clinicians Academy on Medical Aid in Dying, said in an e-mail. California has the most patients— 677 in 2020— requesting…

A proposal in the Louisiana Legislature would change regulations that require specialty subcontractors, such as roofers, to obtain a license to work directly for a homeowner. (Canva image)Louisiana Insurance Commissioner Jim Donelon wants state lawmakers to fund a grant program that helps homeowners reinforce their roofs to withstand Category 4 hurricanes. Donelon prodded lawmakers…

—Low-income Wisconsin mothers could stay on Medicaid longer after giving birth and with less paperwork under a bill that has gained bipartisan support in the Republican-controlled Legislature. Democrats have long supported Medicare expansion in Wisconsin and Democratic Gov. A similar bill failed to pass the Wisconsin Legislature in 2021, and…