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.
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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…
While there may be benefits to a vertically integrated system, there will also be costs. Hawaiʻi’s largest healthcare insurer, HMSA, and its largest healthcare provider, Hawaii Pacific Health, have proposed a new partnership. Both companies would be subsidiaries of a new nonprofit organization, One Health Hawaii, which would have the power to impose rules that…
The U.S. Senate approved Kevin Warsh as a Federal Reserve governor by 51 votes to 45 on Wednesday, clearing the first procedural hurdle toward his potential nomination as Fed chair, a transition that crypto investors are watching closely given Warsh’s previously stated openness to Bitcoin as a store of value.
The core allegation is that United Healthcare falsely accused Merchia of healthcare fraud, which led to his indictment and arrest in Massachusetts, causing reputational and business harm in the District of Columbia and nationwide. The alleged defamation occurred when United Healthcare reported to the Massachusetts Insurance Fraud Bureau and law…
U.S. producer prices jumped the most since 2022 last month as the Strait of Hormuz energy shock continued to feed through the inflation pipeline, adding fresh concerns over the Federal Reserve’ s rate outlook.. The rate of increase in the headline Producer Price Index climbed from an upwardly revised 4.3% year-over-year in March to a whopping 6% in April, the…
Oklahoma’s current approach to insurance pricing operates like a tax increase imposed without public oversight of whether that tax is excessive.
Data: KFF; Note: Enhanced ACA subsidies began in 2021 and ended in 2025.; Chart: Zachery Eanes/Axios The number of North Carolinians enrolled in health insurance plans through the Affordable Care Act has fallen significantly this year. More than 200,000 fewer people are getting insurance via the program this year, according to data compiled by KFF. Why it matters: The drop came…
The Iran war is trapping the world’s central banks with an energy shock that simultaneously undermines growth and stokes inflation, with no good policy response to either. Each of the world’s most important central banks faces that dilemma in policy meetings this week. Why it matters: From Tokyo to Washington, central banks that were on track to normalize policy are now paralyzed,…
