With the Affordable Care Act subsidies on the chopping block in the Republican-controlled Congress, it’s no surprise the Lee newspapers did an interview with Montana’s former senator Max Baucus. As the chairman of the Senate’s powerful Finance Committee, Baucus “was chief architect of the Affordable Care Act known as “Obamacare.” According to Baucus: “For 15 […]
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New Jersey has managed to escape the worst of 2025' s economic woes– from tariffs to inflation and a labor market upheaval spurred by artificial intelligence– though economic quality of life may be uneven for many residents for at least the next year, New York Federal Reserve President John Williams said. Still, the Garden State is well-poised to ride out an…
North Carolina’s infant mortality rate, already one of the worst in the nation, will continue to rise with the expiration of tax credits that kept ACA insurance coverage affordable, an OBGYN said Tuesday. Black babies in North Carolina die at three times the rate of white infants, a key factor that drives the state’s high […]
House Speaker Mike Johnson all but guaranteed that Congress will allow the enhanced premium tax credits to expire at the end of the year.
Millions of Americans are going to suffer when they do not have to. Next year, over 20 million Americans are going to face thousands of additional dollars in premiums if they want to keep their health insurance. Last week, the Senate failed to pass either Republican and Democratic proposals to address this reality. However, these…
The U.S. Securities and Exchange Commission (SEC) has dismissed or suspended the majority of its enforcement actions against cryptocurrency companies since President Donald Trump took office. In 2025 alone, the regulator dropped multiple investigations, marking one of the most significant pullbacks in crypto enforcement since the industry emerged.
The Federal Reserve cut short-term interest rates for a third time in 2025. What's next for borrowers and consumers?
Overbrook Management Corp cut its holdings in shares of The Progressive Corporation (NYSE:PGR – Free Report) by 42.1% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 41,214 shares of the insurance provider’s stock after selling 29,993 shares during the quarter.…
Once again, American policymakers have failed the American people. The U.S. Senate recently failed to pass competing health care bills, a decision that ensures Affordable Care Act (ACA) premium subsidies will expire at the end of the year and result in skyrocketing insurance costs for millions of Americans.
We’ve been here before: congressional Democrats and Republicans sparring over the future of the Affordable Care Act. But this time there’s an extra complication. Though it’s the middle of open enrollment, lawmakers are still debating whether to extend the subsidies that have given consumers extra help paying their health insurance premiums in recent years.
When Chiquita Brooks-LaSure stepped into her job overseeing the federal health insurance marketplace in 2021, about 12 million Americans were purchasing their health coverage there. By the start of 2025, that number had doubled.
The Federal Reserve lowered the federal funds target range by 25 basis points on Wednesday—its third consecutive rate cut—to 3.5 to 3.75 percent. Markets had anticipated the decision for weeks, reflecting growing expectations that the Fed would respond to rising downside risks in the labor market. Three officials dissented: Governor Stephen Miran again favored a…
Custodia Bank on December 15 asked the full Tenth Circuit Court of Appeals to reconsider the Federal Reserve’s denial of its master account, escalating a five-year legal battle that challenges federal authority over state-chartered crypto banks.
New signs on the radar indicates the bad old days of the Florida's insurance crisis are well in the rearview mirror, leaders say. Others not so sure.
In the 2026 elections, malpractice reform and healthcare licensing compacts should be at the top of your list when you consider your legislative and gubernatorial candidates.
Floridians are under siege. Property insurance rates have skyrocketed. Property taxes are rising. And meanwhile, out-of-state investors, hedge funds and part-time residents are profiting while the very people who call Florida home 365 days a year are being left behind.
The stagflation crisis of the 1970s stands as a clear warning of what might happen if the Fed’s independence is compromised.
Harrisburg-based Penn National Insurance, a property and casualty mutual insurance company, recently announced it has made leadership changes, effective in January. President and CEO Robert Brandon will transition to CEO in January and will retire in July. Brandon joined the company in 1995, becoming president and CEO in 2020. During his tenure, the company earned […] The post…
Bipartisan legislation introduced this week in the House would automatically extend the National Flood Insurance Program. © Shutterstock Sponsored by U.S. Reps. Troy Carter (D-LA), Julia Letlow (R-LA), Cleo Fields (D-LA), Clay Higgins (R-LA), Mike Ezell (R-MS) and Lizzie Fletcher (D-TX), the legislation would ensure the National Flood Insurance Program (NFIP) continues to serve…
