Neel Kashkari called cryptocurrency “utterly useless” Thursday, dismissing more than a decade of industry development as “word salad”, remarks that landed hours after CME Group announced plans to expand crypto derivatives trading around the clock.
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As budget negotiations continue, proposed cuts to the Resilient Florida Grant Trust Fund are drawing scrutiny. The House and Senate proposals released last week set funding at $110 million and $120 million respectively, just above the program’s statutory minimum and well below last year’s $174 million allocation, which was itself the lowest since the program…
The Allstate Corporation, a stalwart in the U.S. and Canadian property‑liability insurance market, announced a series of corporate actions and financial disclosures that collectively paint a portrait of a company managing significant short‑term risk while maintaining its long‑term shareholder commitments.
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…
Jupiter Asset Management Ltd. increased its holdings in shares of Morgan Stanley (NYSE:MS – Free Report) by 109.0% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 190,438 shares of the financial services provider’s stock after acquiring an additional 99,328 shares during the quarter. Jupiter…
Jupiter Asset Management Ltd. purchased a new position in shares of The PNC Financial Services Group, Inc (NYSE:PNC – Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 248,145 shares of the financial services provider’s stock, valued at…
Jupiter Asset Management Ltd. trimmed its stake in Bristol Myers Squibb Company (NYSE:BMY – Free Report) by 31.7% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 914,115 shares of the biopharmaceutical company’s stock after selling 424,240 shares during the quarter. Jupiter Asset…
Jupiter Asset Management Ltd. trimmed its position in shares of The Hartford Insurance Group, Inc. (NYSE:HIG – Free Report) by 9.4% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 465,897 shares of the insurance provider’s stock after selling 48,226 shares during…
Jupiter Asset Management Ltd. lowered its holdings in Verizon Communications Inc. (NYSE:VZ – Free Report) by 56.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 690,518 shares of the cell phone carrier’s stock after selling 880,445 shares during the period. Jupiter…
Jupiter Asset Management Ltd. raised its position in shares of Texas Capital Bancshares, Inc. (NASDAQ:TCBI – Free Report) by 148.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 379,331 shares of the bank’s stock after acquiring an additional 226,872 shares during the quarter. Jupiter…
In most of the accidents in San Diego, passengers suffer catastrophic injuries alongside the drivers. While they are not at fault, their sufferings may be no less than the driver’s or even more at times. In such cases, co-passengers can file a claim with their insurance company in San Diego to recover for lost wages,…
According to the Opinion, this matter involved a commercial property policy that offered protection to the Plaintiff’s property. The Plaintiff’s property allegedly sustained damages from a windstorm.
JPMorgan and Bank of America are projecting core PCE inflation at roughly 2.9% year-over-year ahead of this week’s key Federal Reserve inflation reading — a forecast that, if confirmed, would likely delay interest-rate cuts and pressure risk assets including Bitcoin.
Senator Elizabeth Warren is intensifying pressure on the Federal Reserve, demanding internal documents that explain recent shifts in Federal Reserve bank supervision and how officials plan to reassess the 2023 failure of Silicon Valley Bank. Her request signals mounting concern in Washington that changes to Federal Reserve bank supervision could weaken safeguards designed after…
Good Friday morning. A campaign listening session is doing double duty as a show of strength for U.S. Rep. Byron Donalds. The Southwest Florida Congressman will be in Tampa today for a 5 p.m. event to hear Floridians’ concerns on health care and insurance and field questions as he continues running ahead of the pack…
On January 30, 2026, Securities and Exchange Commission (SEC) Chair Paul Atkins and Commodity Futures Trading Commission (CFTC) Chair Michael Selig announced that Project Crypto—previously an SEC-led initiative—will proceed as a joint effort between the SEC and the CFTC…
The Arizona Republican Party’s liability insurance paid $1 million in legal fees for the GOP electors who falsely asserted that Donald Trump won the state’s 2020 electoral votes, former chair Gina Swoboda told members of the party’s executive committee, Axios has learned. Why it matters: The payouts caused sky-high rates that left the party’s directors and officers "effectively…
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…
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…
