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…
INN Insider News
Indiana Governor Mike Braun signed House Bill 1042 on March 3, 2026, making the state the first to mandate cryptocurrency investment options in public pension funds while establishing broad legal protections for crypto users.
Former U.S. Treasury Secretary Janet Yellen warned Tuesday that escalating U.S.-Iran tensions could force the Federal Reserve to delay rate cuts, citing the risk of sustained oil price spikes and renewed inflation pressure. Speaking at a Long Beach conference, Yellen said the recent developments have made the Fed ‘even more reluctant to cut rates than…
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…
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…
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…
“More action to come.” We can be assured of that. Image courtesy of AAA National Average Gas Prices. Yellow highlights and percentage calculations (current vs month ago) are mine. It’s hard to say how much of the war is yet to be priced in. Some of the increase is seasonal.
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…
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…
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…
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…
Expectations that the Federal Reserve would resume interest rate cuts before September eroded further on Tuesday.
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…
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…
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…
TD Asset Management Inc cut its position in shares of Meta Platforms, Inc. (NASDAQ:META – Free Report) by 3.9% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 3,486,277 shares of the social networking company’s stock after selling 143,242 shares during the quarter. Meta…
Nearly two decades ago, progressives fought to include a so-called public option — a government-run health plan — in the broad health care overhaul known as Obamacare. That effort failed, defeated by heavy lobbying from the insurance industry and opponents who decried it as a government takeover of health care.
Medicaid has evolved from a small safety-net program into the largest health insurer in the United States, covering almost 80 million Americans at a combined federal and state cost of $919 billion in 2024.. This growth has been accompanied by a structural shift. Unlike Medicare, which is a uniform national program, Medicaid is effectively 50- plus programs…
The insurer said it reduced administrative costs, adjusted prices and benefited from investment gains. But payouts for member care and benefits rose.
