In a pivotal move for the crypto industry, the U.S. Securities and Exchange Commission (SEC) has issued guidance on stablecoins, bringing fresh clarity to a fast-growing segment of the digital asset market.
INN Insider News
As Wall Street faced a second consecutive day of turmoil on the 4th of April, Federal Reserve Chair Jerome Powell struck a cautious tone. He warned that the Trump administration’s push for “reciprocal tariffs” could throw a wrench into the U.S. economy’s recovery path.
Westpac Banking Corp lowered its position in United Parcel Service, Inc. (NYSE:UPS – Free Report) by 61.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 5,244 shares of the transportation company’s stock after selling 8,229 shares during the quarter. Westpac…
Westpac Banking Corp increased its holdings in shares of Devon Energy Co. (NYSE:DVN – Free Report) by 165.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 16,268 shares of the energy company’s stock after purchasing an additional 10,133 shares…
Pioneer Trust Bank N A OR lowered its stake in shares of Chevron Co. (NYSE:CVX – Free Report) by 7.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 53,205 shares of the oil and gas company’s stock after selling 4,125…
Pioneer Trust Bank N A OR lessened its stake in shares of The TJX Companies, Inc. (NYSE:TJX – Free Report) by 9.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 44,383 shares of the apparel and home fashions retailer’s stock after selling 4,690…
Pioneer Trust Bank N A OR lifted its holdings in McDonald’s Co. (NYSE:MCD – Free Report) by 14.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 17,236 shares of the fast-food giant’s stock after acquiring an additional 2,153 shares during the quarter. Pioneer…
The insurance protection that Social Security programs provide has tangible economic benefits; without them, we all need to rethink our finances.
The insurance protection that Social Security programs provide has tangible economic benefits; without them, we all need to rethink our finances.
34% tariff slated for U.S. products. China has announced it will impose a 34% tariff on imports of all U.S. products beginning April 10, part of a flurry of retaliatory measures following President Donald Trump's "Liberation Day" slate of double-digit tariffs. Deal caves over levy on China.
Investors hoping the Federal Reserve will quickly lower interest rates to rescue a new wobbly economy and sinking stock market from President Donald Trump's sweeping tariffs may be disappointed. Noting that tariffs could both push up inflation and slow the economy, Federal Reserve Chair Jerome Powell said Friday the central bank will be especially…
The exact economic impact of the trade war the White House has launched is not clear yet- but it will probably roil the economy more than expected, slowing growth and driving prices up, Federal Reserve Chair Jerome H. Powell said Friday. "While uncertainty remains elevated, it is now becoming clear that the tariff increases will be significantly larger than…
Rideshare services are popular in Sacramento, but accidents happen. When they do, figuring out compensation can be tricky. Insurance companies may try to limit payouts, leaving victims struggling. A rideshare accident lawyer in Sacramento can help if you’ve been injured. Understanding your rights makes a challenging situation more straightforward to navigate. Rideshare Insurance…
Stanislav Salkov joins the 2025 Global Recognition Awards as a judge, bringing expertise in investment banking, strategic leadership and crisis management. His analytical skills and global perspective will help identify exceptional candidates across diverse industries and geographical contexts.
Federal Reserve Board Chairman Jerome Powell addressed tariffs, inflation, and monetary policy at a speech on Friday.
Just a few years ago, Florida’s property insurance market was in serious distress. A combination of excessive litigation, escalating reinsurance costs, and the steady withdrawal of private carriers left homeowners with surging premiums and diminishing options. In response, Gov. Ron DeSantis and the Florida Legislature enacted a comprehensive package of reforms in 2022 designed…
Thousands of complaints lobbed against property insurers may have been buried on then-Chief Financial Officer Jimmy Patronis’ watch, per a new report by the Tampa Bay Times. Why it matters: Florida homeowners filed 52,000 complaints over a five-year period, but just 5% reached regulators. A state Office of Insurance Regulation (OIR) memo says that the dismal referral rate made it…
Data: Freddie Mac; Chart: Axios Visuals Mortgage rates plunged on Thursday following President Trump’s tariff announcement. Why it matters: It’s a silver lining for homebuyers as the sweeping tariffs announcement otherwise portends a dire state for the global economy. By the numbers: The average 30-year fixed rate fell to 6.55% from 6.75% on Wednesday, according to Mortgage News…
Under an emerging Republican plan to require some Medicaid recipients to work, between 4.6 million and 5.2 million adults ages 19 to 55 could lose their health care coverage, according to a new analysis.
