INN Insider News

A former Jaguars employee has been charged with wire fraud for allegedly racking up more than $22 million in fraudulent credit card purchases.

A Southwest Michigan woman was sentenced to more than 10 years in prison for pandemic fraud schemes she used to obtain more than $1 million in COVID-19 relief. Roshell Beaty, 46, of Benton Harbor, was sentenced to 10 years and four months in prison, U.S. Attorney for the Western District of Michigan Mark Totten said Tuesday. Beaty and codefendants stole $1,036,870…

Social Security checks are increasing next year thanks to the annual cost of living adjustments, but many seniors will also face higher medical care costs. The increase in Medicare costs comes in below the $179.80 that was forecasted by the The Senior Citizens League in September. "We are relieved to learn that the Medicare Part B increase in 2024 won't be as high…

A hospital system in Georgia. Two medical groups in San Diego. Another in Louisville, Kentucky, and nearly one-third of Nebraska hospitals.

A key factor in the slowdown is that the OECD expects the world's two biggest economies, the United States and China, to decelerate next year. The U.S. economy is forecast to expand just 1.5% in 2024, from 2.4% in 2023, as the Federal Reserve's interest rate increases 11 of them since March 2022 continue to restrain growth. The OECD foresees U.S. inflation dropping…

Both M&A activity and initial public offerings weakened last year following the Russian invasion of Ukraine and aggressive interest rate hikes by the U.S. Federal Reserve to control inflation. Goldman Sachs chief financial officer Denis Coleman said many clients had appetite and interest in "doing something strategic," but cautioned that financiers or…

Ohio's former top utility regulator, Sam Randazzo, is charged with crimes related to bribery and embezzlement. He pleaded not guilty to the charges.

A Southfield woman pleaded guilty in federal court in Detroit on Tuesday to stealing more than $300,000 in unemployment insurance benefits. Katrina Maddox, 47, entered her plea to wire fraud in connection with a scheme to defraud the State of Michigan out of pandemic-related unemployment insurance benefits. In a news release from the Department of Justice,…

Private health insurance companies are obliged to bear the costs of the surgeries required to change sex, including breast plastic surgery with implantation of a prosthesis, according to a unanimous decision by the Third Panel of the Superior Court of Justice, which ruled in favor of Ana Paula Santos, a client of Unimed in Uberaba. The five justices who make up…

Some Blue Shield of California members were recently notified that their personal data may have been compromised by a global cybersecurity breach this spring. A third-party vendor that provides vision benefits for many of Blue Shield's customers was one of "thousands of companies and governmental agencies" that were swept up in a global data security…

This spring the Oklahoma Health Care Authority began to remove more than 250,000 people who were added to the Medicaid rolls — including the homeless

Investors' renewed commitment to aggressive monetary easing in the United States runs counter to economists' assessments. Analysts generally agree that the cycle of interest rate increases is over, but consider it unlikely that the Federal Reserve will deliver a cumulative cut of 1.25 percentage points from March onwards, as the forward curve suggests.

Last week, the case of an investor who lost millions due to a recommendation made by billionaire Luiz Barsi came to light. Of his assets of R $21.5 million, Ferentini invested R $15.9 million, or 74% of the total in IRBR3 shares. The shares plummeted by more than 90% and the R $15.9 million turned into R $1.5 million.

Federal Reserve Chair Jerome Powell pushed back against Wall Street's growing expectations of interest-rate cuts in the first half of 2024, saying the committee will move cautiously with borrowing costs at a 22- year high but retain the option to hike further. "It would be premature to conclude with confidence that we have achieved a sufficiently…

With the new year, interest rates will start to fall and the end of the rapid and forceful tightening phase initiated in November 2021 by the Bank of England at the height of the energy price shock. A cycle then driven by the Federal Reserve in January 2022, a month before the Russian invasion of Ukraine, and consolidated at the beginning of the summer of that year by…

The benchmark index rose 8.9% in November, its biggest monthly gain since July 2022. The market marched steadily higher for much of November as investors grew hopeful that the Federal Reserve is finally done raising interest rates, which fight inflation by slowing the economy. Also, Treasury yields have generally been falling and easing pressure on stocks.

The story published earlier is still wrong. Raphael Bostic is not president of the Federal Reserve, as was stated in the text, but president of the Atlanta district of the Federal Reserve. The president of the Atlanta Federal Reserve, Raphael Bostic, said on Wednesday 29 that surveys and responses from business leaders say that the downward trajectory of…

The US economy has slowed from the October Beige Book report, the US Federal Reserve said Wednesday, referring to the document that provides a detailed assessment of the economy of the country's 12 regional central banks. The US issuing institute has indicated that four districts scored a "modest growth", two had a "flat to slightly down" evolution, and the…

Officials at the Centers for Medicare& Medicaid Services are encouraging seniors and other members of the public to become fraud detectives by reporting misleading or deceptive sales tactics to 800- MEDICARE, the agency’ s 24- hour information hotline. The new rules, which took effect Sept. 30, close some loopholes in existing requirements by describing what…