Ripple USD (RLUSD) liquidity more than tripled to $1.52 billion in early 2026, surging as the U.S. Senate advanced a sweeping ban on Federal Reserve digital currency development in early March. The growth, documented in a Messari report, reflects 550% expansion from $235 million at the end of 2025, driven by large token mints and…
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The surprisingly weak employment picture in February adds to the economic uncertainty over the war with Iran, which has caused oil prices to surge and saddled business and consumers with unforeseen costs. "The job market is struggling in the face of so many headwinds," said Heather Long, chief economist at Navy Federal Credit Union. It's a tense time for the U.S….
Heritage Insurance Holdings Inc. (NYSE: HRTG), a super‑regional property‑and‑casualty insurer focused on Florida single‑family and condominium homeowners, released its fourth‑quarter and full‑year 2025 results on March 9, 2026. The data, corroborated by multiple independent sources, demonstrate a sharp turnaround that underscores the company’s strategic positioning…
TLDR Nasdaq will partner with Kraken to develop a platform for tokenized stocks and exchange-traded products. The companies plan to launch the tokenized trading platform in early 2027. Tokenized shares will provide the same voting rights and dividend access as traditional stocks. Nasdaq submitted a proposal to the U.S. Securities and Exchange Commission to approve […] The post…
A long-shot campaign to restore public funding for abortion turned into the movement’s biggest success in a generation. Reproductive justice advocates rallied on Capitol Hill on July 8, 2015, the day that Representative Barbara Lee introduced the Equal Access to Abortion Coverage in Health Insurance (EACH) Act.
Political attack ads are taking on a different energy this primary cycle, thanks to big bucks from national super PACs backing cryptocurrency. Why it matters: The surge of attack ads is turning Illinois’ primary increasingly negative, even when the attacks are unrelated to digital currency. The big picture: The Fairshake political action committee (PAC) is a pro-crypto lobbying…
Data: Commonwealth Fund; Map: Kavya Beheraj/Axios Health insurance costs ate up 11% of median family income in California in 2024, according to a new analysis. Why it matters: The findings show how tough it can be to afford health care, even with insurance, for many of the estimated 167 million Americans who get coverage through an employer. The state-by-state breakdown of federal…
Data: Commonwealth Fund; Map: Kavya Beheraj/Axios Health insurance costs ate up almost 9% of the median family income in Minnesota in 2024, according to a new analysis. Why it matters: The findings show how tough it can be to afford health care, even with insurance. Zoom in: The state-by-state breakdown of federal data by the Commonwealth Fund looked at how much people spent on…
A coalition backed by health insurers and employers is launching a new a new effort to showcase hospital pricing as a central driver of rising health care costs, Axios has learned. Why it matters: Health care affordability is emerging as a key election-year issue, with the Trump administration and many in Congress increasingly questioning why drug prices and insurance premiums are…
Newswise — New York, NY (March 6, 2026) — Mount Sinai Health System and the 32BJ Health Fund announced today that they have agreed to partner directly to provide quality, affordable healthcare to eligible members and their families.
The Revolving Door Project, a Prospect partner, scrutinizes the executive branch and presidential power. Follow them at therevolvingdoorproject.org. It’s been roughly three years since three of the four largest bank failures in United States history nearly wiped out a half trillion dollars of wealth, with Silicon Valley Bank, Signature Bank, and First Republic Bank collapsing…
State Farm General, the financially imperiled California home insurance giant, will not raise rates any further for homeowners under a settlement with the California Department of Insurance and Consumer Watchdog. Last summer, an administrative law judge and Insurance Commissioner Ricardo Lara had given State Farm permission to temporarily raise rates…
So the stay-at-home father of four in Middleton was crestfallen when his health insurer, Blue Cross Blue Shield of Massachusetts, like others here and elsewhere, stopped covering pricey GLP-1 drugs for weight loss starting Jan. 1. The change meant Tierno’ s $25 monthly prescription would now cost roughly $500 out of pocket, he said, which was out of reach.
With the amount of money most of us are paying in monthly premiums, you would expect that your insurance would handle most of the cost. But that’s not always the case. Unfortunately, many patients discover that a routine visit or a quick procedure was billed as out-of-network. This leads to surprise costs that you can’t…
Two developments this week capture how the world of decentralized finance and cryptocurrency is winning in its efforts to challenge traditional banks. Driving the news: On Wednesday morning, Kraken Financial, a cryptocurrency-focused bank in Wyoming, announced it has been granted a limited master account from the Federal Reserve. It’s a win for the crypto sector after years of…
An epic capital spending boom is squeezing certain prices higher, while promising sharp productivity gains and potentially huge job losses. What’s a central banker to do? The big picture: The AI boom is likely to affect the appropriate monetary policy in multiple ways, with some effects pointing to higher rates and others toward lower. Those different impacts will play out on…
Prediction market Kalshi disclosed Wednesday that it had suspended two users — an editor for the MrBeast YouTube platform and a former California gubernatorial candidate — for allegedly violating its prohibition against "insider trading." Why it matters: Prediction markets are under scrutiny over whether their platforms enable people with inside information to financially…
Kalshi, one of the world’s largest prediction market companies, struck a deal with the Associated Press to license its elections data starting with the 2026 midterms. Why it matters: As the popularity of betting booms in the U.S., prediction markets are trying to distinguish themselves with partnerships that boost the credibility of information presented on their platforms. CNN and…
State Farm, the nation’s largest auto insurer, has lowered insurance rates and is issuing an average dividend of $100 per vehicle to policyholders. Why it matters: Insurance rates skyrocketed during the pandemic, when vehicle prices spiked, but prices have since cooled off amid falling repair costs. Driving the news: State Farm policyholders on more than 49 million vehicles will…
