Newswires

Serious credit card delinquencies— balances 90 days or more past due— are the highest they’ ve been in 15 years, according to recent data from the Federal Reserve Bank of New York. You can perform a similar audit by listing your current credit card balances, interest rates and minimum payments, says Codi Morris, an Ohio- based certified credit counselor.From there,…

A new state report found that 13 of Virginia's 36 rural hospitals are at risk of closing, including the New River Valley's Carilion Giles Community Hospital and LewisGale Hospital Pulaski. A combination of low market share, limited negotiating power with health insurers, low Medicare and Medicaid reimbursement rates, inflation, high fixed costs and…

WASHINGTON— Federal Reserve Chairman Kevin Warsh opened a new era of U.S. monetary policy Wednesday, with officials agreeing to leave interest rates unchanged despite inflation stuck well above their target. GUN RIGHTS: The U.S. Supreme Court ruled in favor of a marijuana user Thursday, limiting the application of a federal law that bars drug users from owning…

CHICAGO— Agricultural conditions were unchanged or declined in most of the Federal Reserve Districts, while cost pressures intensified from fuel and fertilizer spikes. The Federal Reserve System's Beige Book provided a snapshot of economic conditions collected on or before May 27. This document summarizes comments received from contacts outside the…

The Shelbyville City Council has a new member after Jason Rhodes was appointed to fill the Street Commissioner position Monday night. The appointment came at the end of a busy council meeting that included renewing the city's health insurance through Blue Cross and Blue Shield. The council also approved a $15,303 invoice from Dick Clark Plumbing for repairs…

-Newly installed Federal Reserve Chair Kevin Warsh is wasting no time signaling that the central bank may be headed toward a more aggressive stance on interest rates- a shift that could ripple through Wall Street, corporate borrowing, and the broader U.S. economy. He has repeatedly warned that cheap money can encourage excessive risk taking on Wall Street,…

Decades of loose monetary policy have been replaced by stubborn structural inflation, prompting the Federal Reserve to hold interest rates at agonizing highs. According to recent data from the Federal Reserve Bank of St. Louis, 30- year fixed mortgage rates have hovered at levels not seen in a generation, effectively paralyzing the existing home market.

A survey released this month by the insurance firm Northwestern Mutual says that many Americans, including some in their 50 s and 60 s, rely on their parents for financial help. The Federal Reserve also conducts an annual survey on financial well-being, and it also reported an increase in the reliance on parents to pay the bills. In many ways this is not surprising;…

Three quarters of Midwestern homeowners are concerned about rising home insurance premiums and 86% of homeowners surveyed in a poll released Thursday by Climate Power and the Insurance Fairness Project say elected officials should do more to reduce the cost. The poll surveyed Iowa, Nebraska and Kansas homeowners and found they largely supported policy…

—The Federal Reserve has for decades moved steadily from a remote, opaque government agency that shared little about what it did or why to a more transparent institution willing to explain how it makes decisions and what it thinks about the economy. Warsh quickly made changes: The Fed's statement on its interest-rate decision was slashed to 132 words, from 341 in…

WASHINGTON— Federal Reserve Chairman Kevin Warsh opened a new era of U.S. monetary policy Wednesday, with officials agreeing to leave interest rates unchanged despite inflation stuck well above their target. GUN RIGHTS: The U.S. Supreme Court ruled in favor of a marijuana user Thursday, limiting the application of a federal law that bars drug users from owning…

For farmers and ranchers planning to fill the feed gap by planting annual forages from Aug. 1, 2026, through July 31, 2027, the USDA Risk Management Agency's Annual Forage insurance program provides the option of taking coverage for a lack of precipitation. The July 15 enrollment deadline is fast approaching for producers considering this program.

A rapid series of administrative, staffing and policy changes the Social Security Administration underwent early on in the second Trump administration are making it much harder to get disability benefits that millions of Americans rely on to make ends meet. For instance, Social Security officials announced in March 2025 that people would no longer be able…

Phil Scott has been busy signing legislation into law recently. "All Vermonters are impacted by Vermont's health insurance costs— individuals, small and large businesses, public employee plans, and nonprofits— and the Legislature must focus on system-wide savings for all, consistent with the GMCB's statutory purpose. "Families on the individual exchange lost…

Jason Miller watched his monthly health insurance premiums quadruple to $374 from $80 for a silver-level plan when the Affordable Care Act's enhanced tax credits ran out in December. It's up 37%- or more than $1,000- to $3,786 in 2026 with the expiration of the enhanced premium tax credits, according to a new analysis by San Francisco- based KFF, an independent…

A preliminary agreement signed Wednesday by President Donald Trump and President Masoud Pezeshkian of Iran began a 60- day period of negotiations between the countries. Critically, Iran promised to reopen the Strait of Hormuz, and the U.S. military said Thursday that it had lifted a blockade it had imposed on Iranian ships since April. But on Friday, the next…

Legislators this week approved a health tax bill meant to continue critical federal funding for the state’ s Medicaid program, also known as Medi-Cal. California has been charging Medi-Cal insurance plans at a higher rate than private plans. The state’ s newly-designed solution, Senate Bill 125, will lower the tax on Medi-Cal plans and raise the tax on private…

2026 JUN 19– By a News Reporter-Staff News Editor at NewsRx Policy and Law Daily– A new study on Insurance is now available. According to news reporting out of Los Angeles, California, by NewsRx editors, research stated,“ Housing is a critical social determinant of health, and individuals living in substandard housing often face greater healthcare needs and…

Presbyterian Health Plan officials took the hot seat Thursday as New Mexico lawmakers demanded answers for the insurer’ s choice to discontinue most Medicare Advantage plans and to implement a policy— now reversed— that would have cut reimbursement rates for speech, physical and occupational therapy services. Patricia Roybal Caballero, an Albuquerque…