The U.S. Senate confirmed Kevin Warsh yesterday as the new chair of the Federal Reserve, the world’s most influential central bank. The 56- year-old economist, nominated by President Donald Trump, will replace Jerome Powell at a particularly delicate moment for the U.S. and global economies. Furthermore, there are divisions within the Federal Reserve itself…
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Summit Wealth Group LLC Co. trimmed its stake in CocaCola Company (The) (NYSE:KO – Free Report) by 68.5% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 6,158 shares of the company’s stock after selling 13,399 shares during the quarter. Summit Wealth Group LLC…
Summit Wealth Group LLC Co. cut its holdings in shares of Verizon Communications Inc. (NYSE:VZ – Free Report) by 77.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 8,523 shares of the cell phone carrier’s stock after selling 28,734 shares…
Knuff & Co LLC lifted its stake in Netflix, Inc. (NASDAQ:NFLX – Free Report) by 889.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 166,326 shares of the Internet television network’s stock after purchasing an additional 149,510 shares during…
Madison Asset Management LLC bought a new position in shares of Fiserv, Inc. (NASDAQ:FISV – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 79,500 shares of the business services provider’s stock, valued at approximately $5,340,000.
If you go down the expansive California ballot for the June 2 primary, you will eventually hit the election for state insurance commissioner. The position, which oversees the insurance market for homeowner’s, automotive, business, workers’ compensation, medical malpractice, bail, and other insurance products—but not health insurance, which is almost entirely managed by…
The bill previously cleared the Senate Health & Social Services Committee on May 5.
A $22.1 million increase in allowable health insurance costs accounts for nearly the full tax levy increase in Passaic County’s adopted 2026 budget.
American Express Co. (NYSE: AXP) closed the day at $309.61 on 12 May 2026, comfortably below its 52‑week high of $387.49 but above its 52‑week low of $281.46. With a market capitalization of $214.46 billion and a price‑earnings ratio of 19.63, the company continues to command a premium in the consumer‑finance sector, buoyed by its…
The wish list includes doubling the size of the proposed child tax credit and cutting a tax on electricity and a fee on health insurance.
The wish list includes doubling the size of the proposed child tax credit and cutting a tax on electricity and a fee on health insurance.
Andreessen Horowitz, the venture capital giant known in Silicon Valley as a16z, has reportedly become the biggest known political donor bloc of the 2026 midterm elections, pouring more than $115 million into federal politics as the technology industry fights to shape the future of cryptocurrency and artificial intelligence regulation.
WASHINGTON — Kevin Warsh will officially take the lead at the Federal Reserve after U.S. senators voted Wednesday to confirm the economist and former central bank governor to replace Chair Jerome Powell.
The Senate on Wednesday confirmed Kevin Warsh as the next chair of the Federal Reserve in the most divisive confirmation vote in the central bank’s modern history, handing President Donald Trump a landmark win just as fresh inflation data clouds the path to the interest rate cuts he has loudly demanded.
Rising liability insurance costs are prompting doctors to call on states to impose more limits on the damages patients can collect in malpractice cases. Why it matters: More than half of the states have enacted malpractice payout limits, in an effort to make insurance premiums more predictable. But groups led by the American Medical Association say that without more relief,…
The Senate confirmed former finance executive and former Federal Reserve Governor Kevin Warsh as the U.S. central bank’s new chair May 13.
Kevin Warsh has been confirmed as the 17th leader of the Federal Reserve, becoming America’s economist-in-chief at a moment of resurgent inflation, public discontent with the economy and unprecedented attacks on the Fed’s independence. Driving the news: Warsh was confirmed to a four-year term as Fed chair Wednesday by a 54-45 Senate vote. He received unanimous support from…
Healthcare organizations entered 2026 facing continued financial pressure, rising specialty drug costs and growing demand for behavioral healthcare while also being pushed to modernize operations and improve access. From prior authorization reform and AI deployment to GLP-1 management and Medicare Advantage pressure, these trends are already…
With the Federal Emergency Management Agency (FEMA) Review Council’s final recommendations finally available, one particular recommendation stands out. In the section titled, “Shift to Private Market through Depopulation of Existing National Flood Insurance Program (NFIP) Policies,” the council recommends establishing a voluntary “take-out” program that would transfer…
