Foreign central banks are dumping U.S. Treasuries as yields hit multi-decade highs and the national debt tops $39 trillion. This exodus leaves the Federal Reserve in a "debt trap," likely forcing a return to inflationary monetary policies.
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The millions of Floridians who don’t have health insurance can now choose from a catalog of 600 generic prescriptions on the TrumpRx.gov platform.
Washington, D.C., is locked in a battle over how to integrate crypto and fintech firms into the regulated financial system. Now the Federal Reserve is confronting a similar question: Who gets access to its payment infrastructure, and on what terms? Why it matters: The Fed on Wednesday night said it is seeking public comment on a proposal to extend limited access to its payment…
Brent crude's surge near $110 fuels inflation and stalls Fed rate cuts, but US energy independence offers a unique buffer.
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Insurance After a car accident, emotions run high and phones come out almost instantly. In that rushed moment, a simple text message can quietly shape the entire insurance claim in ways most drivers never expect. Insurance adjusters often review messages exchanged right after a crash because those words can reveal assumptions, admissions, or emotional reactions.…
Sunny skies and “low-risk” flood maps convince plenty of homeowners that flood insurance belongs in the same category as snow tires in Miami: unnecessary and expensive. That assumption creates a dangerous financial blind spot. Flooding does not politely follow neighborhood labels, and one bad storm can turn a “safe” property into a costly disaster zone…
Sovereign bond yields are surging as rising oil prices and massive deficits create a 'debt trap' for the Federal Reserve.
Kevin Warsh was nominated by President Trump in January 2026 to replace Jerome Powell as Chair of the Federal Reserve. He was confirmed by the US Senate last week and sworn in as the new Fed chair earlier this week. What are some of his views and priorities as he takes office? For a clue, … Continue reading A Foretaste of Warsh as Chair of the Federal Reserve The post A Foretaste…
On Friday, Kevin Warsh will be sworn in as the seventeenth Chair of the Federal Reserve Board of Governors, after being confirmed by the Senate in a tight 54-45 vote last week. After a politically contentious end to former Chair Jerome Powell’s term, Warsh must find the just-right policy path to balance economic data favoring monetary cooling and political…
Reaching the age of 50 or 55 without a strategically planned retirement strategy is a common source of financial stress. How much would I receive from Social Security if I retired today? Many are in the stage of’ greater capacity to generate income,’ and that is a competitive advantage, "says Damián Vlassich, Team Leader of Investment Strategies at IOL, and…
SAN DIEGO, Calif., May 21, 2026 (SEND2PRESS NEWSWIRE) — The Mortgage Collaborative (TMC), the nation’s largest independent cooperative network for mortgage lenders, announced a strategic partnership with TheZebra.com, the easiest way to compare and buy insurance, that will give TMC’s lender members a direct way to connect borrowers with home insurance options at the point…
Health savings accounts offer a triple tax advantage, but they can become a tax bomb for non-spouse heirs.
As Oklahoma homeowner pay record premiums, the candidates for insurance commissioner offer different visions for addressing issues.
The Federal Reserve Bank of Cleveland virtually gathered three experts together this week to discuss why independence from political interference with the Fed banking system is essential to setting policies that will fight inflation over the long term.
PATERSON— The Board of Education has approved a confidential settlement to end a lawsuit in which the district claimed $5 million in damages against various health benefits consultants in a scandal from seven years ago. The lawsuit stemmed from a school board decision in 2018 to leave the state's employee health benefits plan and switch to a medical…
Passaic County taxpayers are getting another increase. The county adopted a $496.3 million 2026 budget on May 12, raising the county tax levy for the third straight year, with health insurance costs accounting for nearly the entire increase. The budget calls for $383.8 million to be raised through the county purpose tax, up from $360.8 million in 2025.
Barney Frank— a decades-long fixture in Massachusetts Democratic politics, a veteran US House member, a pioneering gay-rights advocate, and a leading figure in the battle to recover from the 2008 Great Recession— died Tuesday evening in his Ogunquit, Maine, home of complications from congestive heart failure. Unlike major Bay State political figures such as…
Barney Frank, one of the first openly gay members of Congress and the progressive Democratic namesake of the Dodd-Frank Act, died on May 19, according to media reports. Frank represented Massachusetts in the U.S. House of Representatives from 1981 to 2013. "In the aftermath of the worst economic crisis since the Great Depression, Barney Frank was the…
