Insurance commissioner warns of potentially higher medical costs. Health insurance premiums could spike without tax credit extension, he said.
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Moody’s Heaps Further Pressure on Mexico’s Economy by Changing Outlook of Banking System to Negative
This time, it’s not just Wall Street banks that should be worried about the contagion risks from a full-blown banking crisis in Mexico. So, too, should their European counterparts. Moody’s has changed the outlook of the Mexican banking system from positive to negative due to the ongoing tariff tensions with the United States and the…
An investment firm worked extensively with an embattled former member of the retired teachers’ pension fund, according to text messages in newly released court documents. Communications obtained via a records request reveal that QED associates consistently told then-board member Wade Steen what questions to ask, gave him documents to propose, and pushed him to follow…
Swiss National Bank lessened its holdings in shares of Vipshop Holdings Limited (NYSE:VIPS – Free Report) by 8.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 773,836 shares of the technology company’s stock after selling 69,626 shares during the period. Swiss National Bank…
Connor Clark & Lunn Investment Management Ltd. decreased its holdings in shares of Capital One Financial Co. (NYSE:COF – Free Report) by 49.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,478 shares of the financial services provider’s stock after…
Swiss National Bank boosted its position in GitLab Inc. (NASDAQ:GTLB – Free Report) by 3.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 215,000 shares of the company’s stock after purchasing an additional 7,700 shares during the period. Swiss National Bank…
Connor Clark & Lunn Investment Management Ltd. acquired a new position in shares of Hope Bancorp, Inc. (NASDAQ:HOPE – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 74,080 shares of the financial services provider’s stock, valued at approximately $910,000.…
Bitcoin miners are celebrating after the SEC staff released new guidance on its stance on Proof-of-Work mining, effectively removing $BTC mining activities from the oversight of the SEC.
GAYLORD— Potential cuts to Medicaid, the federal-state health insurance program that covers nearly 1 in 5 Americans, has prompted one Northern Michigan hospital executive to speak out. Any funding reductions to Medicaid would have severe consequences for patients, providers and local communities, according to Ed Ness, president and CEO of Munson Healthcare,…
The national average cost of full-coverage car insurance could increase by 8% by the end of the year if 25% tariffs on imports from Canada and Mexico go into effect April 2, according to an analysis by Insurify. Trump agreed to postpone until early April tariffs on imports from Mexico and Canada that fall under the USCMA, a free trade deal he signed in 2019.
Sitting tight is an understandable strategy as most economists— and even President Trump— warn of turbulence ahead. The latest: Fed chair Jerome Powell said Wednesday that the Fed is watching economic uncertainty closely— including the effects of Trump’ s evolving agenda— before making its next move on interest rates. Will spending fall as workers and employers…
Maybe you aren't counting the days until April 2, which Donald Trump calls "Liberation Day." The Federal Reserve predicted this week that tariffs and the uncertainty surrounding them will boost U.S. inflation, lower growth and increase unemployment- a triple whammy. The European Central Bank foresees a similar downdraft there.
Jonathan Kish had planned to build a wedding space with an open bar in the town of Hollywood. Instead, he sold the 6-acre property in rural Charleston County. The reason, in part, was because the insurance that state law requires for businesses that serve alcohol is far too expensive for businesses that already operate on […]
Buying and owning a home remains a priority for Americans, recent market research from U.S. Mortgage Insurers (USMI) confirms. In 2024, nearly 8 in 10 Americans viewed it as an important milestone, despite 58% of respondents answering that it has become harder to purchase a home in the last few years, the firm says.
Asian markets limped into the weekend on Friday following a tepid lead from Wall Street as the optimism stoked by a dovish US Federal Reserve meeting gave way to long-running fears about President Donald Trump’s tariff agenda.
Mission Prep (866-575-4960) is making it more affordable and accessible for adolescents in California to get treatment for anxiety with their expanded insurance network.
Former US President Donald Trump has once again thrown a curveball into the economic discourse, reportedly urging the Federal Reserve to slash interest rates. This stance, while familiar territory for Trump, has sent ripples of speculation and anticipation through the cryptocurrency market. Could this be the catalyst that propels Bitcoin and other digital assets to…
In this episode, I dive into some pressing financial topics with Paul Kiker from Kiker Wealth Management. We explore the Federal Reserve’s recent rate hike and QT decisions, the concept of Elon’s “magic money machines,” and the leading indicators that a recession has arrived. We also touch on the intriguing dynamics of the stock market…
By Michaela Platt, Communications Coordinator, Triple-I As businesses started incorporating Internet strategies into their operations, Casey Kempton had just begun her graduate studies in cognitive anthropology and was working for a tech startup. A Connecticut native, Kempton had always been aware of insurance giants based in her state.