U.S. Rep. Tom Emmer (R-MN) introduced legislation that would prevent the Federal Reserve from issuing a central bank digital currency (CBDC).© Shutterstock Specifically, the Anti-CBDC Surveillance State Act would prohibit the Federal Reserve from issuing a CBDC directly to individuals, or indirectly through an intermediary or third party. Further, it would prevent the Fed from…
INN Insider News
The Progressive Co. (NYSE:PGR – Get Free Report) declared a quarterly dividend on Monday, March 10th, RTT News reports. Investors of record on Thursday, April 3rd will be paid a dividend of 0.10 per share by the insurance provider on Friday, April 11th. This represents a $0.40 annualized dividend and a yield of 0.14%.
State employees are criticizing plans to make their health insurance more expensive, saying options officials are considering will hurt hiring and recruitment efforts and tarnish a benefit of working for the state. The State Health Plan spends more money than it takes in. Its Board of Trustees is considering ways to prevent insolvency. State Treasurer […]
Debt collectors will have to stop sending midnight “you up?” texts in Florida under legislation advancing in the House. Members of the Insurance and Banking Subcommittee amended and OK’d a bill (HB 147) that would extend to text messages an existing Sunshine State ban on debt collection calls between 9 p.m. and 8 a.m.
US employers added 151,000 jobs in February as hiring remained relatively steady— and Federal Reserve Chairman Jerome Powell said the central bank is in no hurry to cut interest rates as it awaits clarity on President Trump’ s trade policies. Meanwhile, Trump’ s back-and-forth on tariffs— implementing stiff taxes on Canada and Mexico earlier this week after a…
Jerome Powell, chairman of the Federal Reserve, warned about the heightened uncertainty surrounding U.S. President Donald Trump’s economic policies and their effects, noting that the central bank need not rush to adjust interest rates. The tariffs sent U.S. markets tumbling and economists have warned that, if sustained, these additional tariffs could weigh…
In a volatile week marked by economic uncertainty in the United States, after President Donald Trump imposed and then paused tariffs on Canada and Mexico. Wall Street closed higher on Friday, recovering from early declines after Federal Reserve Chairman Jerome Powell said the economy was "in a good place," but stocks posted a weekly loss on uncertainty over U.S….
The crypto industry spent lavishly to buy a friendly Congress in the 2024 elections, with their donations making up almost half of all corporate donations to PACs last year. They hope this week will begin the return on that investment—with assistance from Senate Democrats.
Yves here. This post unintentionally is a telling snapshot of where leading edge conventional wisdom is in terms of adapting to climate change and the inability of insurance to serve as an adequate remedy as losses keep rising. Admittedly, this post reports on a conference organized by an insurer-affiliated NGO, so it is arguable unduly…
Assetmark Inc. trimmed its position in shares of Corcept Therapeutics Incorporated (NASDAQ:CORT – Free Report) by 10.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 56,577 shares of the biotechnology company’s stock after selling 6,734 shares during the quarter. Assetmark Inc. owned…
M&T Bank Corp reduced its stake in shares of Viper Energy, Inc. (NASDAQ:VNOM – Free Report) by 16.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 47,733 shares of the oil and gas producer’s stock after selling 9,542 shares during the period. M&T Bank…
M&T Bank Corp boosted its holdings in shares of WEC Energy Group, Inc. (NYSE:WEC – Free Report) by 16.1% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 22,501 shares of the utilities provider’s stock after purchasing an additional 3,115 shares during the period.…
M&T Bank Corp decreased its holdings in Humana Inc. (NYSE:HUM – Free Report) by 13.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 8,437 shares of the insurance provider’s stock after selling 1,288 shares during the quarter. M&T Bank Corp’s holdings…
Aigen Investment Management LP lessened its stake in shares of Watsco, Inc. (NYSE:WSO – Free Report) by 55.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 500 shares of the construction company’s stock after selling 635 shares during the…
Atria Investments Inc cut its position in shares of Manulife Financial Co. (NYSE:MFC – Free Report) TSE: MFC by 15.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 70,496 shares of the financial services provider’s stock after selling 12,654 shares during…
A State Farm executive has been fired after an undercover video of him discussing the company's request for insurance rate hikes in California and appearing to denigrate residents of the fire-devastated Pacific Palisades region of Los Angeles circulated online. After the Los Angeles County wildfires, State Farm– by far the largest home insurer in…
Carney, 59, a Harvard grad, will oversee his country at a time when it is locked in a trade war with the United States, its largest trading partner.
Carney, 59, a Harvard grad, will oversee his country at a time when it is locked in a trade war with the United States, its largest trading partner.
JPMorgan Chase & Co., ProShares UltraPro Short QQQ, Walmart, iShares Bitcoin Trust, and UnitedHealth Group are the five Financial stocks to watch today, according to MarketBeat’s stock screener tool. Financial stocks represent equity in companies operating within the financial sector, including banks, insurance companies, investment firms, and other institutions that manage money….
