KBRA releases research examining the implications of the 2025 Atlantic hurricane season and the evolving reinsurance market for the U.S. property and casualty insurance sector. This outlook, driven by exceptionally warm Atlantic waters and conducive atmospheric conditions, raises the probability of significant insured losses, especially if storms…
President Trump on Monday shared a handwritten note to Federal Reserve Chair Jerome Powell urging him to lower interest rates, his latest attempt to push the central bank to do so. Trump posted on Truth Social complaining that Powell and the rest of the Federal Reserve board of governors "should be ashamed of themselves" for declining to lower interest rates.
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