The US Federal Reserve is widely expected to keep interest rates unchanged at its policy meeting this week, treading carefully amid uncertainty over President Donald Trump’s economic policies, which include spending cuts and sweeping tariffs.
INN Insider News
The architects of the new US foreign economic policy expected dollar appreciation to absorb some of the cost of US tariffs and expected some exporters to cut prices. Instead, the dollar has mostly fallen against the major currencies. Last week, the greenback recorded new lows for the year against the Chinese yuan, Mexican peso, euro, sterling, the Japanese yen, the Swedish krona,…
Natixis Advisors LLC lifted its holdings in shares of RTX Co. (NYSE:RTX – Free Report) by 9.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,351,320 shares of the company’s stock after acquiring an additional 112,873 shares during the…
Choate Investment Advisors grew its stake in The Home Depot, Inc. (NYSE:HD – Free Report) by 4.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 138,312 shares of the home improvement retailer’s stock after purchasing an additional 6,119 shares during the…
(The Center Square) — Insurance Commissioner Tim Temple will pursue legislation this session to provide for dedicated funding for the Louisiana Fortify Homes Program. Currently, the program’s funding is subject to legislative appropriation, making it unpredictable.
California Attorney General Rob Bonta has reached a $1.3 million settlement with Sedera, Inc. and Sedera Medical Cost Sharing Community, LLC over allegations of selling sham health insurance plans to more than two thousand Californians. The settlement resolves claims that the companies falsely marketed their plans as novel "non-insurance" medical cost-sharing products and as…
Florida lawmakers peppered the state’s sitting and former insurance commissioners for three hours on Friday to demand answers about why they didn’t bring immediate attention to a 2022 report detailing money transfers from Florida insurers to out-of-state affiliates.
Investor expectations for rate cuts are rising. Consumer’s inflation fears are rising while sentiment and employment expectations are sinking.
The uncertainties with corporate earnings, the reduction in liquidity operations and the lack of desire for the U.S. to continue to run up the credit card, is a limiting factor for the market at this time.
(The Center Square) – California Insurance Commissioner Ricardo Lara provisionally approved State Farm’s request for a 22% property insurance rate hike, citing a need to stabilize the insurance market.
We expect the Federal Reserve to remain on hold on 19 March, but a weaker growth outlook could lead to rate cuts in the second half of 2025.
A new proposal submitted to the U.S. Securities and Exchange Commission’s (SEC) newly-established Crypto Task Force by a Maximilian Staudinger makes the case for XRP as a “strategic financial asset” for the United States (using some very questionable math and logic).
Originally posted 2017-04-28 09:00:50. Guest Post Friday is back, and for this week, Construction Law Musings welcomes Steve Moore. Steve has been the Construction & Surety Manager for Towne Insurance Agency-Invincia, in Chesterfield, VA since 2010. Steve’s experience in the Virginia surety bonding marketplace started in 1985 with USF&G. His underwriting travels took him from…
The global economy is facing a series of growing risks, such as financial market volatility, currency imbalances and economic tensions.
Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. March 14, 2025 For release at 2:30 p.m. EDT The Federal Reserve Board on Friday announced its approval of the application by Renasant Corporation, of Tupelo, Mississippi, to merge with The First Bancshares, and thereby indirectly…
Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. March 14, 2025 For release at 2:30 p.m. EDT The Federal Reserve Board on Friday announced its approval of the proposal by EverBank Financial Corp, of Jacksonville, Florida, to acquire Sterling Bank and Trust, FSB, of…
Insurance commissioner said he had to “make an unprecedented decision in the short term.”
The United States’ unraveling defense commitments to Europe raise fundamental questions about geopolitical alignments, while U.S. President Donald Trump’s aggressive tariffs threaten a major reorientation of world trade. But there’s another set of risks lurking for global financial markets, which depend on reliable and ample dollar liquidity ultimately backstopped by the U.S.
Former central banker Mark Carney will be sworn in as Canada’s next prime minister on Friday with the country rattled by a breakdown in relations with the United States.
