The Federal Reserve was created in 1913 through a secret meeting on Jekyll Island, Georgia, involving bankers and politicians to craft a central banking reform plan that maintained private banker influence while appearing publicly controlled.
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Washington residents have seen home and auto insurance rates climb steeply over the past couple of years. On Monday, insurance industry representatives offered state lawmakers their breakdown of what’s behind those trends. They also explained how heightened risks from wildfires and other climate-related disasters are causing insurers to rethink underwriting in some regions. In…
Mr. Trump declared that he doesn't plan on ousting Federal Reserve Chair Jerome H. Powell before the central bank chief's term ends in May 2026, averting an early confrontation over the keystone principle of Fed independence- and a possible constitutional clash over the president's power to fire the Fed chair. Additionally, Mr. Trump said that he would not…
Tariffs could create uncertainty President-elect Trump has opened a potential Pandora's box with his recent vows to slap big tariffs on many foreign imports– not just on Chinese goods but on those from Mexico, Canada and elsewhere. "Tariffs in particular have the potential to disrupt trade, reduce domestic U.S. demand and increase inflation," investment firm…
The temporary injunction issued Monday would affect roughly 90,000 Deferred Action for Childhood Arrivals recipients in Texas.
Credit card processing fees cost American households an average of $1,100 annually and are expected to continue rising unless Congress acts, some say.
This story first appeared on KFF Health News. With Donald Trump’s return to the White House and Republicans taking full control of Congress in 2025, the Affordable Care Act’s Medicaid expansion is back on the chopping block. More than 3 million adults in nine states would be at immediate risk of losing their health coverage […]
62% Gallup: “Sixty-two percent of U.S. adults, the highest percentage in more than a decade, say it is the federal government’s responsibility to ensure all Americans have healthcare coverage.” Also interesting: “Fifty-four percent of U.S. adults approve of the ACA, essentially tying the record-high 55% readings in April 2017 (during Republican-led attempts to repeal the…
A class-action lawsuit has been filed against a major health services corporation, alleging significant labor law violations. The complaint was submitted by Nathalie Ortiz on November 26, 2024, in the Ventura Superior Court against Cigna-Evernorth Services Inc., Cigna Health and Life Insurance Company, and other unnamed defendants. The suit accuses these companies of failing to…
A Louisiana state appeals court has affirmed a lower court ruling in favor of Bordon Dairy Company in a liability case. In a December 6 ruling, the Louisiana First Circuit Court of Appeal agreed East Baton Rouge District Court Judge Beau Higginbotham was correct in ruling for Borden Dairy, Entergy Louisiana and others.
The Insurance Research Council recently released a report on auto insurance affordability in Louisiana. Unfortunately, the findings are not new. As has been the case for years, Louisiana is still the least affordable state in the nation for personal auto insurance, with drivers paying 40% above the national average for annual premiums.
A nonprofit model would shift the industry's focus from profits to the social purpose of keeping Americans as healthy as possible. The post The health insurance industry ought to be nonprofit appeared first on Rochester Beacon.
Police have arrested a 26-year-old man with a weapon consistent with the gun used to kill the head of the largest U.S. health insurer, New York’s police commissioner said Monday. The man was taken into custody after police got a tip that he had been spotted at a McDonald’s in Pennsylvania, New York Police Department…
On December 4, someone murdered UnitedHealthcare CEO Brian Thompson near the site of the company's annual investors' meeting. Thompson's killing was clearly planned rather than random, and at least appears to be job-related. If this "targeted killing" is indeed a "customer dissatisfaction" incident, I guess I understand the sentiment even if I don't approve of…
More Middle East instability has made gas price predictions difficult.
The FCPA "dog and pony" show took place last week. This year it was Chief Counselor Brent Wible who delivered the DOJ speech. Topics addressed included looking "back at [the DOJ's] achievements [in 2024] in the fight against foreign bribery; holding culpable individuals accountable; securing impactful corporate resolutions; and advancing the department’s corporate enforcement…
Americans hand over a huge chunk of their paycheck for a roof over their heads. Policymakers are looking out for indications of what President-elect Donald Trump plans to do to ease housing costs next year after an election where voters were laser-focused on the economy.
The state of Washington is helping Native Americans access health care after decades of barriers. Health insurers have made it difficult for tribal members to get care covered, despite state and federal laws that bar this.
This story first appeared on KFF Health News. With Donald Trump’s return to the White House and Republicans taking full control of Congress in 2025, the Affordable Care Act’s Medicaid expansion is back on the chopping block. More than 3 million adults in nine states would be at immediate risk of losing their health coverage […]
