To understand what the global economy will do this year, you have to understand what happens next in the Iran war. The outlook for the war and its aftermath, and what that means for the free passage of energy through the Strait of Hormuz, is the global economic outlook. That’s the uncomfortable reality hanging over the International Monetary Fund and World Bank Group spring…
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The Department of Justice has dropped its criminal investigation into the Federal Reserve and its chair, Jerome Powell.
Chart: Zachery Eanes/Axios; Source: Wake County Wake County’s biggest payers of property tax include drug makers, real estate developers, tech companies and a bank — but none of their land holdings come close to the value of Duke Energy’s. Why it matters: North Carolina lawmakers concerned about housing affordability are considering capping annual property tax increases, though…
Three political candidates running in both Democratic and Republican primaries across the United States were fined and suspended by Kalshi, the prediction market platform announced April 22. Matt Klein, who is currently running in the Democratic primary for the state's 2nd Congressional District, was handed a five-year suspension from the platform and a…
If the United States gets into the business of providing dollar liquidity to the United Arab Emirates and other Persian Gulf states battered by the Strait of Hormuz’s closure, it will amount to a novel use of an old power. The big picture: The Federal Reserve used swap lines with foreign central banks as a key tool to calm global financial disruptions in periods of stress, starting…
The Department of Justice said it will drop a criminal probe into Federal Reserve chair Jerome Powell on Friday, a sharp pivot in an unprecedented investigation into the nation’s top central banker. Why it matters: It opens the path for President Trump’s pick to lead the Fed to be confirmed to the post after a standoff with Sen. Thom Tillis (R-N.C.), who blocked confirmation until…
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 —…
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…
The global capital markets will enter May with a sense of transition rather than resolution. Neither the Federal Reserve, nor the European Central Bank or the Bank of Japan meet in the month ahead. The market is inclined to see the third consecutive hike by the Reserve Bank of Australia but the other G10 central banks that meet in May, Norway’s Norges Bank and Sweden’s Riksbank are…
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…
House Bill 696 fills a funding gap for Medicaid and adds rules that could make it harder for some North Carolinians to qualify for or keep coverage.
High health insurance premiums that were due earlier this year caused so much sticker shock that nearly 69,000 New Jersey residents didn't pay them. Those who failed to pay their premiums, which rose considerably after federal subsides expired this year, represent 14% of the 509,192 residents who signed up for insurance by Jan. 31, said the state Department of…
A former Texas Republican primary candidate was fined and suspended for 'political insider trading' on a prediction market.
Backers say requiring private insurers to cover infertility treatment would remove financial barriers to starting a family in Michigan.
Please enable JavaScript if it is disabled in your browser or access the information through the links provided below. April 24, 2026 For release at 4:00 p.m. EDT The Federal Reserve Board on Friday announced its approval of the application by Banco de Credito del Peru, of Lima, Peru, to establish a state-licensed branch in…
Citizens & Northern NASDAQ: CZNC shareholders on the company’s annual meeting webcast elected directors, approved an advisory executive compensation proposal, and ratified the appointment of Crowe LLP as independent auditor for 2026. Management also highlighted progress following the October 2025 completion of the merger with Susquehanna Community Bank and announced a quarterly…
A handful of states are considering legislation this session related to menopause and perimenopause, including proposals to mandate coverage and others to include work protections for people experiencing symptoms related to the conditions. Others have already said no to similar bills.
A fresh conflict involving Iran could rattle the U.S. and global economies, driving prices higher and slowing growth even if the fighting ends soon. Economists warn that inflation pressures, weaker output, and pricier loans could linger well after any cease-fire. The concern reflects how energy markets, shipping routes, and investor confidence react when risk rises…
ltci " data-image-caption="Adriana Falcón Trafford took out a long-term care insurance policy in 2001. When she signed up for the plan, the annual premium was $2,608. Now, it’s close to $7,000. " data-large-file="https://ctmirror.org/wp-content/uploads/2024/09/2024_0103_SR_Adriana_046-771×514.jpg" /> CT Mirror was awarded by the Association of Health Care Journalists for 'Priced…
