Florida's top five auto insurers are lowering premiums by an average of 8% for 2026, impacting nearly 80% of policyholders.
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Ohio's School Employees Retirement System will sell $20 million in investments from Iran and Sudan, nearly 20 years after pledging to divest.
Oil prices jumped and global stocks stumbled immediately following U.S. and Israeli strikes on Iran and Tehran's retaliation, but economists say the war will likely not have much impact on the Federal Reserve's upcoming interest rate decision. "Absent a prolonged war and major long-term disruptions to key shipping routes in the Strait of Hormuz, the impact on…
Several providers of in-demand therapy for children diagnosed with Autism Spectrum Disorder are no longer covered by these Medicaid groups.
Oklahoma legislators should pursue teacher raises through other stable sources that preserve the pension fund's trajectory toward full funding.
Political attack ads are taking on a different energy this primary cycle, thanks to big bucks from national super PACs backing cryptocurrency. Why it matters: The surge of attack ads is turning Illinois’ primary increasingly negative, even when the attacks are unrelated to digital currency. The big picture: The Fairshake political action committee (PAC) is a pro-crypto lobbying…
The Texas-based independent agency has expanded its solutions, offering personalized, multi-state insurance solutions. Founded in 2005, the firm empowers clients through education and proactive advocacy, providing customer-focused protection across auto, home, and business markets.
A coalition backed by health insurers and employers is launching a new a new effort to showcase hospital pricing as a central driver of rising health care costs, Axios has learned. Why it matters: Health care affordability is emerging as a key election-year issue, with the Trump administration and many in Congress increasingly questioning why drug prices and insurance premiums are…
Data: Commonwealth Fund; Map: Kavya Beheraj/Axios Health insurance costs ate up almost 9% of the median family income in Minnesota in 2024, according to a new analysis. Why it matters: The findings show how tough it can be to afford health care, even with insurance. Zoom in: The state-by-state breakdown of federal data by the Commonwealth Fund looked at how much people spent on…
Data: Commonwealth Fund; Map: Kavya Beheraj/Axios Health insurance costs ate up 11% of median family income in California in 2024, according to a new analysis. Why it matters: The findings show how tough it can be to afford health care, even with insurance, for many of the estimated 167 million Americans who get coverage through an employer. The state-by-state breakdown of federal…
US employment fell sharply in February, with nonfarm payrolls declining by 92,000, defying expectations for modest growth, and prompting analysts to weigh the implications for economic growth and Federal Reserve policy. The February jobs report underscores a bifurcated economic picture: slower macro growth alongside ongoing technological transformation, with AI-driven companies…
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Artificial intelligence is rewriting the rules of getting a first job. A new report from the Federal Reserve Bank of Dallas finds AI is doing two things at once in the labor market. That tension is what Laura Ward, president and CEO of Workforce Solutions Greater Dallas, University of North Texas President Harrison Keller and Ben Magill, UNT's chief economic…
Berkshire Hathaway Inc. (NYSE: BRK.A / BRK.B) remains a dominant force in the financial services sector, with a market capitalization of approximately USD 1.08 trillion and a price‑earnings ratio of 16.06. The conglomerate operates across insurance, freight rail, and utility businesses, providing property and casualty, reinsurance, and life, accident, and health reinsurance…
TLDR The Federal Reserve and other U.S. banking regulators issued guidance on tokenized securities. Regulators confirmed that capital rules remain technology-neutral. Banks must treat tokenized securities the same as traditional securities when legal rights match. The agencies stated that the blockchain type does not affect capital treatment. Tokenized securities may qualify as…
State Farm, the nation’s largest auto insurer, has lowered insurance rates and is issuing an average dividend of $100 per vehicle to policyholders. Why it matters: Insurance rates skyrocketed during the pandemic, when vehicle prices spiked, but prices have since cooled off amid falling repair costs. Driving the news: State Farm policyholders on more than 49 million vehicles will…
Prediction market Kalshi disclosed Wednesday that it had suspended two users — an editor for the MrBeast YouTube platform and a former California gubernatorial candidate — for allegedly violating its prohibition against "insider trading." Why it matters: Prediction markets are under scrutiny over whether their platforms enable people with inside information to financially…
Kalshi, one of the world’s largest prediction market companies, struck a deal with the Associated Press to license its elections data starting with the 2026 midterms. Why it matters: As the popularity of betting booms in the U.S., prediction markets are trying to distinguish themselves with partnerships that boost the credibility of information presented on their platforms. CNN and…
An epic capital spending boom is squeezing certain prices higher, while promising sharp productivity gains and potentially huge job losses. What’s a central banker to do? The big picture: The AI boom is likely to affect the appropriate monetary policy in multiple ways, with some effects pointing to higher rates and others toward lower. Those different impacts will play out on…

