WASHINGTON- The U.S. central bank held interest rates steady on Wednesday and projected higher inflation, steady unemployment and a single reduction in borrowing costs this year, a path that Federal Reserve Chair Jerome Powell said was subject to unusually high uncertainty as policymakers take stock of the impact of the U.S. and Israeli war with Iran.
Newswires
The following information was released by the National Association of Mutual Insurance Companies:. The National Association of Mutual Insurance Companies said today that a change in guidance from the government sponsored enterprises Fannie Mae and Freddie Mac long sought by mutual insurers will help ease the costs of homeownership.
Ways and Means Committee Chairman Jason Smith released the following statement after the Federal Open Market Committee announced it would not lower interest rates:. "President Trump's policies have rescued Americans from the massive $10 trillion spending spree that caused inflation to rise more than 21 percent over Joe Biden's time in office.
Today, U.S. Senators Tim Kaine and Tammy Duckworth and U.S. Representatives Johnny Olszewski and Dina Titus introduced the State Department Disability Policy and Accommodations Act, bicameral legislation to strengthen international disability rights and provide accommodations for State Department staff. The legislation would establish an Office of…
U.S. Congressman Andy Barr applauded President Donald Trump and Federal Housing Finance Agency Director Bill Pulte for taking action to restore consumer choice in homeowners insurance policiesan important step that will provide better access and affordability for homeowners, particularly in rural communities. Kentucky Farm Bureau applauds the…
Filing a Social Security disability claim is a step for people who cannot work because of a serious medical condition. The Social Security disability system in the United States is meant to help people who cannot work anymore because of long-term disabilities.. Social Security Disability Insurance is for people who have worked and paid Social Security taxes,…
The Federal Reserve's balancing act is getting harder. The central bank held its benchmark interest rate steady on Wednesday as policymakers face growing signs of a softening job market, even as the war in Iran puts more upward pressure on prices. "The implications of developments in the Middle East for the U.S. economy are uncertain."
Policymakers at the Federal Reserve held interest rates steady this afternoon. The U.S. war with Iran has triggered a spike in energy prices. NPR's Scott Horsley is here.
The Federal Reserve left interest rates unchanged on Wednesday, maintaining its wait-and-see approach after a series of cuts in late 2025.. "The implications of developments in the Middle East for the U.S. economy are uncertain." Mr. Powell said consumer spending is resilient and business investment is expanding, while housing activity "remains weak.
While the staff at the Department of Insurance can’ t help you probate a person’ s will, we can help you locate a lost life insurance policy. You can find the Lost Life Insurance and Annuity Service on the Department of Insurance’ s web page at: ncdoi.gov. Last year, the tool helped North Carolinians obtain $65.9 million in claims from life insurance policies that had…
WASHINGTON- Jerome Powell, the chair of the Federal Reserve, is not going anywhere. Powell, who has faced withering pressure from President Donald Trump just months before his term as chair ends, said Wednesday that he would continue to lead the central bank until his replacement was confirmed by the Senate. Technically, Powell's term as chair ends May 15, but he can…
It’ s open enrollment season for Medicare Advantage, when people currently enrolled in private managed-care plans can either sign up for a new one or switch to original Medicare through March 31. “We really want people to factor that in,” said Kata Kertesz, managing policy attorney at the Center for Medicare Advocacy.“ If someone is in a Medicare Advantage plan for…
Federal Reserve officials expect the Iran war will worsen inflation this year while having little impact on economic growth, but they still expect to cut their key rate once in 2026. The central bank said in a statement that the“ implications of developments in the Middle East for the U.S. economy are uncertain.” Still, by keeping their forecast for a rate cut this…
The postpartum Medicaid bill, now 2025 Wisconsin Act 102, expands coverage from 60 days after birth to a full year and makes Wisconsin the second-to-last state to adopt the expansion. Evers signed the bill at Children’ s Wisconsin Hospital in Milwaukee on Wednesday. But the tide turned last month after hours of private debate among Republicans and a concerted…
apa442908-Actuality– WASHINGTON– "on the economy"- At a news conference, Federal Reserve board chairman Jerome Powell says the Iran war's economic impact remains to be seen. apa442909-Actuality– WASHINGTON– "the rate cut"- At a news conference, Federal Reserve board chairman Jerome Powell says the central bank envisions one rate cut next year– but it depends.
Pennsylvania officials are advocating to strengthen mental health protections for first responders by closing insurance gaps during state-level disasters and highlighting recent reforms. The legislation represents a cultural shift in a field where personnel were historically told to "tough it out," according to Bob Brooks, president of the…
Federal Reserve Chair Jerome Powell will give remarks Wednesday afternoon after the nation's central bank decided to hold interest rates steady amid evolving impacts on the economy sparked by President Trump's military operation in Iran. Iran's throttling of the Strait of Hormuz has depleted the global supply of oil, natural gas, fertilizer and other…
2026 MAR 18– By a News Reporter-Staff News Editor at Mergers& Acquisitions Daily News– NFP, an Aon company and leading property and casualty broker and benefits consultant, announced the launch of its P&C Group Captive practice through the acquisition of Trinity Risk Advisors, LLC, a Charlotte, N.C.- based captive brokerage firm. Alan Wise, president of Trinity Risk,…
2026 MAR 18– By a News Reporter-Staff News Editor at Insurance Daily News– Fresh data on Pediatrics- Hospital Pediatrics are presented in a new report. According to news reporting originating in Ann Arbor, Michigan, by NewsRx journalists, research stated,“ Health events may disrupt insurance coverage. The news reporters obtained a quote from the research from the…