Some Federal Reserve officials wanted to keep interest rate increases on the table, given the stubborn inflation that was set to be amplified by the Iran war, according to minutes from the central bank’s March 17-18 policy meeting, released Wednesday. Why it matters: Even as many officials see rate cuts down the line, the prospect of increasing rates highlights the uncertainty…
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Evergreen Capital Management LLC grew its holdings in shares of Bank of America Corporation (NYSE:BAC) by 21.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 412,946 shares of the financial services provider’s stock after acquiring an additional 73,920 shares during the period.…
President Donald Trump’s choice to lead the Federal Reserve needs to turn around America’s economy — but his surprising problem is Trump himself. “The high-wire act starts before Warsh even has the job,” wrote The Wall Street Journal’s Nick Timiraos on Monday about Kevin Warsh, who Trump has appointed to replace the incumbent Jerome Powell.…
House Bill 2528 is now law and will take effect July 1, ensuring that nurses are judged by what really matters— patient care, not clerical errors. In Amy's case, the Kansas Board of Nursing threatened her with an "unprofessional conduct" note on her professional record, forcing her to pay four times her normal malpractice insurance rate and struggle to find…
Deanna Adkins, 28, filed for bankruptcy in February. Her 66- year-old mother-in-law was scammed into homelessness before moving in with Adkins and her husband in Florida, she said, so Adkins bought her clothes, furniture and then things for the new baby. A new study from Choice Mutual, a life insurance agency, found the average yearly cost to support both child care…
The Senate Banking Committee chair said Kevin Warsh could become Fed chair in a few weeks, even though his colleague vowed to block the nomination.
More than half a million Georgians have dropped health insurance coverage amid stiff premium price hikes for federally subsidized Affordable Care Act plans, according to data obtained by The Current GA and the Georgia Recorder.
The U.S. Securities and Exchange Commission signaled a potential shake-up of Wall Street’s market surveillance system on Thursday, asking the public whether it should launch a full review of the Consolidated Audit Trail. The move could reopen a long-running fight over how much data the government should collect on stock and options trading, and at […] The post SEC Weighs…
About 21,000 fewer people enrolled in health insurance plans through the Oregon Health Insurance Marketplace compared with a year ago, according to a new report. The Oregon Health Authority on Thursday released its annual report giving insight into what enrollment rates are for the state’s health insurance exchange and explaining why those rates are changing.
In 2026, Nationwide Insurance has grown from a $10,000 pool for Buckeye State farmers to staple of the Columbus skyline and the U.S. financial market.
U.S. House members talked with oil industry executives, Lafourche officials and Louisiana government about policies affecting the Gulf. Here's the scoop.
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Some Federal Reserve officials wanted to keep interest rate increases on the table, given the stubborn inflation that was set to be amplified by the Iran war, according to minutes from the central bank’s March 17-18 policy meeting, released Wednesday. Why it matters: Even as many officials see rate cuts down the line, the prospect of increasing rates highlights the uncertainty…
The Review-Journal Wednesday editorial attempted to spike the ball, claiming“ the much-ballyhooed calamity— millions of Americans forced to go without health insurance coverage— never took place.” The editorial claims the shutdown fight over these subsidies in October and November was misguided, and effectively ACA enrollment has stayed flat.
The message from top Republicans on Tuesday morning was that things were on track for an orderly transition atop the Federal Reserve when chair Jerome Powell’s term ends next month. Events over the next 24 hours made those prospects messier. The big picture: As much as Senate Republicans seek an off-ramp that would smooth the path for Kevin Warsh’s confirmation as Fed chair, the…
Several major sportsbooks have contributed tens of millions of dollars to a new super PAC to support sports betting throughout the country, Axios has learned. Why it matters: Traditional sportsbooks have been advocating for broader legalization amid rising competition with prediction markets like Kalshi and Polymarket. Driving the news: DraftKings, FanDuel, Fanatics and Bet365 —…
Pennsylvania’s Affordable Care Act marketplace has seen health insurance cancellations skyrocket so far this year. The big picture: Spiking insurance premiums, driven in part by recently expired federal subsidies, are pushing enrollment down, as higher costs for energy, gas and food strain household budgets. State of play: Roughly 45,000 Pennsylvanians have dropped coverage through…
This article is republished from The Conversation under a Creative Commons license. Read the original article. President Donald Trump has again threatened to oust Federal Reserve Chair Jerome Powell, putting at risk a keystone of good economic policy and inflation management: central bank independence.
D.R. Horton, Inc. (NYSE:RTX) was one of the stocks on Jim Cramer’s recent Mad Money game plan. Presenting a scenario in which interest rates come down, Cramer said: My hope post-war is that interest rates come down. The new Kevin Warsh-led Federal Reserve cuts rates, and housing explodes. If that happens, D.R. Horton stock will…
