In this episode, I sat down with Paul Kiker to discuss the current state of the financial markets, focusing on the volatility we’re seeing and what it might be signaling. We delved into the impact of tariffs, the role of the Federal Reserve, and the potential for a recession. I shared my skepticism about the…
INN Insider News
As of February 2025, about 10% of Utah’s population rely on Medicaid and the Children’s Health Insurance Program for health care services. The public health programs serve over 353,000 people in the state, according to a study by the Kem C. Gardner Policy Institute. “Since Utah adopted Medicaid in 1966, changes in federal requirements and […]
COLUMBIA — South Carolina drivers who pay as little as possible for their auto insurance would need to double their coverage under legislation passed Thursday by the Senate. State-required insurance minimums set 18 years ago simply aren’t enough to cover any serious accident, which shifts the costs to the people who aren’t at fault, senators […]
Florida’s no-fault automobile insurance laws would be junked and replaced with a fault-based system under a bill overwhelmingly approved by a House panel Thursday morning. Insurance industry and medical lobbyists oppose the bill, HB 1181 arguing the change in law would increase automobile insurance costs for so-called “street legal” drivers, or those who carry the…
The state Treasurer’s Office is using ChatGPT in a 12-week artificial intelligence pilot program. State Treasurer Brad Briner said the department is using the OpenAI product to identify businesses with unclaimed property and analyze local government financial data. The office is a repository for unclaimed money from bank accounts, insurance policies and other sources, and […]
Amid a yearslong debate over how to make sure ambulance patients aren’t surprised with massive bills even when they have health insurance, the New Hampshire House of Representatives approved a bill aimed at solving the issue. The House voted, 250-85, to approve House Bill 316, which seeks to end balance billing — the practice of […]
The Missouri Farm Bureau would be allowed to sell health benefits plans that exclude people with pre-existing medical conditions and limit benefits to less than what’s permitted by federal law for health insurers, under legislation that passed the state Senate Thursday.
WASHINGTON — A report released Thursday by Democrats details how many people in each state would lose access to Medicaid if Republicans in Congress were to cut the program by one-third — a scenario some GOP lawmakers have floated as an option to help pay for tax cuts, though one so sweeping it would struggle […]
Donald Trump announced tariffs on auto imports but also raised the possibility of a new deduction for interest on car loans.
Insurance giant Geico will open a campus in Tampa, bringing more than 1,000 new jobs to the region, the company announced Thursday. Geico will occupy 190,000 square feet across the three-building Corporate Oaks Business Park near Tampa International Airport, the company confirmed in an email. The property was previously home to the offices of New York Life…
COLUMBIA — Senators passed legislation late Wednesday that changes the rules on personal injury lawsuits in South Carolina in hopes of driving down insurance rates that business owners say they simply can’t afford. The agreement that senators passed after 10 p.m. wrapped up four weeks of floor debate that pitted Republicans against Republicans in the […]
I want to recommend three new books about abolishing police and prisons. And I want to recommend multi-issue abolitionism beyond those two institutions. What else would I abolish? Well, a list might start with war, fossil fuels, militaries, prisons, nuclear energy, police, nuclear weaponry, campaign bribery, health insurance companies, the death penalty, the livestock industry,…
Investing Published: March 27, 2025 8:48 am Last Updated: March 27, 2025 8:50 am 2024 proved to be a watershed year for the pro-cryptocurrency community as the Securities and Exchange Commission (SEC) finally approved spot Bitcoin (CRYPTO:BTC) exchange traded funds (ETFs). With that, large-scale financial firms could now offer spot Bitcoin ETFs to the public for…
Today, it’s possible to secure a short-term CD with an annual percentage yield (APY) of up to 4.65%. These CDs typically have terms of a year or less. By opting to keep interest rates unchanged just over a week ago, the Federal Reserve essentially ensured that CD rates will continue to be attractive for the…
Norges Bank acquired a new stake in Shopify Inc. (NYSE:SHOP – Free Report) TSE: SHOP in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 14,504,856 shares of the software maker’s stock, valued at approximately $1,542,262,000. Norges Bank owned approximately 1.12% of…
Norges Bank purchased a new position in Palantir Technologies Inc. (NASDAQ:PLTR – Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 17,984,806 shares of the company’s stock, valued at approximately $1,360,191,000. Norges Bank owned about 0.79% of Palantir Technologies at the end…
Easterly Investment Partners LLC grew its holdings in Target Co. (NYSE:TGT – Free Report) by 147.5% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 117,944 shares of the retailer’s stock after acquiring an additional 70,283 shares during the quarter. Target accounts for…
Caisse Des Depots ET Consignations purchased a new position in Costco Wholesale Co. (NASDAQ:COST – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,475 shares of the retailer’s stock, valued at approximately $4,100,000.
Troutman Pepper Locke advised Mutual Capital Group, Inc., parent company of Mutual Capital Holdings, Inc. (MCH), in the close of its acquisition of ICC Holdings, Inc. (ICCH), parent company of Illinois Casualty Company. At the closing, MCH acquired ICCH in an all-cash merger valued at approximately $73.8 million. As part of the transaction, each share…
