Dover and Portsmouth are the only two members out of 90 who have not paid or agreed to pay assessment bills from SchoolCare, a nonprofit insurance risk pool. Dover and Portsmouth officials have stated they won't let their employees' health coverage lapse. Many school districts across the state have been hit with assessments, some of them in amounts over $1…
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President Trump called James Boasberg, the Judge who ruled against him, "wacky" and "out of control." Friday, Judge James Boasberg blocked the DOJ' s attempt to investigate Federal Reserve Chair Jerome Powell, regarding a construction project at the Federal Reserve Building. "President Trump explained he believes tariffs will benefit the U.S. economy because other…
Amid the flood of super PAC spending in four open-seat House primaries in the Chicago metro area, the primary campaign to replace soon-to-retire Sen. Dick Durbin in the U.S. Senate has gotten a bit lost. But super PAC money from corporate interests like the cryptocurrency industry has also characterized that race, along with millions from…
Democratic congressional candidate Sarah Trone Garriott backed a public health insurance option as she warned of Medicaid cuts closing rural hospitals
A bill advancing rapidly in the Iowa House would make a one-time tax increase on some health insurers and draw money from the Taxpayer Relief Fund to address the state’s Medicaid shortfall. House File 2739 was passed by a House Appropriations subcommittee and the full committee Monday. It would increase premium taxes on health maintenance…
Bamco Inc. NY purchased a new stake in shares of AbbVie Inc. (NYSE:ABBV – Free Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 21,000 shares of the company’s stock, valued at approximately $4,862,000.
Banco Bilbao Vizcaya Argentaria S.A. increased its holdings in shares of Union Pacific Corporation (NYSE:UNP – Free Report) by 44.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 24,548 shares of the railroad operator’s stock after purchasing an additional…
The Wall Street Journal’s conservative editorial board on Monday begged President Donald Trump to "take the hint" about a case he is pursuing against a political foe. For months, Trump has tried to remove Federal Reserve Chairman Jerome Powell because of his hesitance to lower federal interest rates. A federal judge recently rebuffed a Trump-appointed…
Rachel Racz, CEO of Nasdaq Texas, rings the Nasdaq closing bell on March 5 at the Alamo to commemorate the 190th anniversary of the Battle of the Alamo and the full operational launch of Nasdaq Texas following approval of its listing rules from the U.S. Securities and Exchange Commission. (Courtesy | Nasdaq Texas) "…
Ashley Groffenberger, the city’ s chief financial officer, sent a letter to the City Council on Monday, saying health insurance rates for city employees are poised to spike by nearly 23 percent in the fiscal year that starts in July— the highest year-over-year increase in premium costs the city has seen“ in recent history. " Boston included $483 million for all…
Congress should use this hearing to pin down Warsh’s views on reforming the Federal Reserve.
WASHINGTON — A federal judge blocked the Trump administration’s subpoenas to probe the Federal Reserve and Chair Jerome Powell, pointing to “a mountain of evidence” that President Donald Trump is using the investigation to force lower interest rates, according to an order unsealed Friday.
World stock markets were trading tentatively on Monday and oil prices shot up as investors attempted to assess the economic consequences of further interference in the Strait of Hormuz and waited on policy word on the major central banks meeting this week.
10:55am: Week ahead Wall Street is gearing up for a jam-packed week, with investors juggling central bank moves, major tech events, and a flood of corporate earnings. The spotlight will be on the Federal Reserve on Wednesday, when Chair Jerome Powell announces the latest interest rate decision, followed by his press conference. Market watchers are largely expecting the Fed to hold…
President Donald Trump’s campaign against U.S. Federal Reserve Chairman Jerome H. Powell is drawing criticism from both economists and legal scholars. Trump is furious with Powell for refusing to lower interest rates as much as he would like, and liberal economist Paul Krugman is warning that Trump risks a major financial crisis by trying to…
By Loretta Worters, Vice President – Media Relations, Triple-I During Women’s History Month, the insurance industry celebrates leaders who are shaping its future. One such leader is Kristen Martin, President and CEO of Utica National Insurance Group, whose path to the top reflects both determination and the power of community support.
If you watch the economy—or just feel the price of groceries and gas inch up every month—you’ve probably wondered whether the Federal Reserve might finally cut interest rates. For much of the past year, markets and economists have wrestled with conflicting signals about inflation and the U.S. economy. Some early forecasts pointed to a possible…
That’s just an average, though. Property owners pay wildly different amounts across the state and those property tax bills are likely to keep rising as local governments face increases in health insurance costs, salaries and other expenses. Another factor is how much aid to schools and local governments is contained in the budget for the…
U.S. Sens. Elizabeth Warren (D-MA) is among a group of senators sponsoring a bill that seeks to hold big bank executives accountable if the banks fail and they disregard prudent risk management. © Shutterstock The Failed Bank Executives Clawback Act of 2026 (S. 4050) would require the Federal Deposit Insurance Corporation (FDIC) to hold executives […] The post Senators introduce…
