BlackRock, Inc. (NYSE: BLK) is one of today’s top gainers. The company’s shares have moved 4.77% on the day to $1,144. BlackRock, Inc. is a publicly owned investment manager. The firm primarily provides its services to institutional, intermediary, and individual investors including corporate, public, union, and industry pension plans, insurance companies, third-party mutual funds, endowments, […]
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There’ s a time-honored tradition of U.S. presidents, whose electoral fortunes tend to rise or fall with the state of the economy, grumbling about chairmen of the Federal Reserve Board. News broke over the weekend that Powell is under criminal investigation by the Justice Department, which sadly has become an attack tool of the president’ s, in connection with the…
Trump's Big Beautiful Bill increased U.S. debt and boosted health care costs. In that context comes Trump's latest attack on the Federal Reserve, which will ultimately hurt all Americans. Since returning to office last year, Trump has pressured Federal Reserve Chairman Jerome Powell to speed up interest rate cuts in an effort to boost the economy.
The Federal Home Loan Bank of Dallas is pleased to announce the appointment of two new members and the reappointment of three current members to its Affordable Housing Advisory Council. The 14- member Advisory Council advises the FHLB Dallas Board of Directors on affordable housing and economic development issues throughout its five-state District of…
Gryphon Holdings LLC, a leading innovator in insurance and financial services solutions, today announced that it has entered into a definitive agreement to acquire PrimeOne Insurance Company, a privately held specialty commercial lines carrier. “We are excited to welcome PrimeOne into the Gryphon enterprise,” said Erin Brennan Bagley, CEO of Gryphon.“ This…
NEXT Insurance, now operating as ERGO NEXT Insurance, today announced a new brand identity that reflects the company’ s next phase of growth as a leading small businesses insurance provider for more than 750,000 entrepreneurs. “By visually aligning our brands, we’ re ensuring our identity reflects both the strong foundation of ERGO and Munich Re and the…
Cambridge Mobile Telematics, the world’ s largest telematics provider, today announced DriveWell Fleet, a solution that enables commercial auto insurers to strengthen pricing decisions across their entire book of business by incorporating telematics data. DriveWell Fleet brings the benefits of CMT’ s proven telematics platform to the commercial auto…
The event, which will take place Feb. 1-3, 2026, in Nashville, TN, is hosted jointly with the American Property Casualty Insurance Association and the Insurance Careers Movement. “The Emerging Leaders Conference provides an important recognition of these individual’ s dedication and commitment to not just AM Best, but the entire insurance industry,” AM Best…
More Texans have signed up for health insurance through the Affordable Care Act marketplace compared to last year— despite the expiration of federal subsidies to lower the costs of premiums. As of Jan. 3, nearly two weeks before open enrollment closes on Thursday, 4.11 million Texans had selected a plan through the ACA marketplace, according to data released…
Massachusetts residents have just days remaining to get health insurance coverage through the Massachusetts Health Connector, including access to help paying for a plan through the ConnectorCare program, with the January 23 deadline looming. While some federal funding through enhanced Premium Tax Credits has expired due to inaction by Congressional…
Democrats on Wednesday unveiled a package of proposals aimed at lowering living costs, boosting wages and protecting affordable health insurance— while sharply criticizing Republican leaders and Gov. "We made it our goal to focus on three main things— making Iowa number one in education, lowering the cost of living and affordability, and making Iowa the best…
Just before Christmas, I sent an important letter to President Trump, advising him not to pardon Greg Lindberg. Billionaire Mr. Lindberg owned a number of North Carolina- based insurance companies, including Colorado Bankers Life Insurance Co., Bankers Life Insurance Co., Southland National Insurance Corp. and Southland National Reinsurance Corp. Mr….
SelectQuote, Inc., a leading distributor of Medicare insurance policies and owner of a rapidly-growing healthcare services platform, today announced that its SelectRx pharmacy recently reached a new, multiyear agreement with a significant, long-time PBM partner. This agreement, which took effect on January 1, 2026, offers more predictable economics,…
Swing-district Virginia Republicans faced a choice last week on whether to break with GOP leadership in the U.S. House of Representatives and vote with Democrats to extend enhanced federal subsidies for health insurance premiums that expired at the end of last year. One voted yes and another voted no, as Congress looks for a solution to a looming health care…
The following information was released by the Federal Reserve Board:. At the Delphi Economic Forum, National Gallery Alexandros Soutsos Museum, Athens, Greece. In addition to the other reforms embraced by Greece, deregulation freed businesses to compete domestically and internationally, and promoted individuals' access to the economy.
U.S. federal prosecutors are investigating Federal Reserve Chair Jerome Powell over his testimony regarding the renovation costs of the Fed's headquarters. The most likely outcome is that the FOMC continues to set the rate target as it has previously, albeit with extracurricular complications stemming from the prosecution. The FOMC will release several…
Interview with Luis de Guindos, Vice-President of the ECB, conducted by Kathryn Carlson, Geoffrey Smith and Johanna Treeck. What is the importance in your opinion of what happened in the United States on Sunday? It is very important for all of us that the principle of central bank independence is also applied to the Federal Reserve.
Attorney General Anthony G. Brown announced today that his Consumer Protection Division has entered into a settlement with Maryland- based KVS Title, LLC, a real estate title company, and joint venture companies that KVS formed with real estate agents and brokers in order to sell title insurance to consumers. The joint venture companies were Alliance Title…
The following information was released by the Henry J. Kaiser Family Foundation:. Authors: Drishti Pillai, Samantha Artiga, Alice Burns, and Jennifer Tolbert. The Trump Administration has taken action to share Medicaid data provided by states to the Centers for Medicare and Medicaid Services with the Department of Homeland Security and Immigration and…
