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Trump shares handwritten note to Powell: 'You have cost the USA A Fortune'

June 30, 2025 Newswires No comments.

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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KBRA Releases Research – Keeping a Watchful Eye on Insurers Amid Busy Hurricane Forecasts

June 30, 2025

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…

A Cautionary Turkish Economic Tale

June 30, 2025

It pains me to say that the United States appears to be now treading the familiar path that recently got an emerging market economy like Turkey into deep economic trouble. Like Turkey, the United States is increasingly disregarding central bank independence, persistently running large external current account deficits, continually running large budget…

Findings from University of California Los Angeles (UCLA) in the Area of COVID-19 Described (Employment, Income, the Aca, and Health Insurance Coverage of Working-age Adults During the First Year of the Covid-19 Pandemic: a Reassessment): Coronavirus – COVID-19

June 30, 2025

2025 JUN 30– By a News Reporter-Staff News Editor at NewsRx COVID-19 Daily– New research on Coronavirus- COVID-19 is the subject of a report. Financial support for this research came from Agency for Healthcare Research& Quality. Our news journalists obtained a quote from the research from the University of California Los Angeles,“ Data Sources and Analytic…

Former Strong City Baltimore leader pleads guilty to federal bank theft charge

June 30, 2025

The former leader of a troubled Baltimore nonprofit pleaded guilty to a misdemeanor bank theft charge stemming from coronavirus relief funds that prosecutors said the organization obtained under false pretenses. The plea deal reached Friday means that federal prosecutors will not try Reginald Davis, 42, on harsher wire fraud and money laundering…

European Central Bank head: Frequent shocks to economy make inflation more unpredictable

June 30, 2025

—The head of the European Central Bank said inflation has become more unpredictable due to shocks like the COVID-19 pandemic and Russia’ s invasion of Ukraine— and that policymakers need to take the possibility of such extreme scenarios into account and communicate them to the public as well. “The world ahead is more uncertain, and that uncertainty is likely to…

Too Sick To Work, Some Americans Worry Trump’s Bill Will Strip Their Health Insurance

June 30, 2025

Stephanie Ivory counts on Medicaid to get treated for gastrointestinal conditions and a bulging disc that makes standing or sitting for long periods painful. In Warrenton, Missouri, Denise Sommer hasn't worked in five years and relies on Medicaid to get care for anxiety, high blood pressure, and severe arthritis in her back and knees. President Donald Trump's…

Iowa’s mental health system is about to change, again. Here's what to expect

June 30, 2025

For the second time in 12 years, Iowa's mental health system is undergoing an overhaul. Advocates of the change hope it will improve access to services and better coordination of care, by combining Iowa's 32 disparate mental health and substance use regions into seven unified behavioral health districts, while placing disability services under the…

Ask The Medicare Specialist

June 30, 2025

Answer: Connie didn't originally get her plan from The Health Insurance Store. If she had, it would be a certainty that she's on one of the best plans available in Western Pennsylvania. Eight companies sell Advantage Plans in Western Pennsylvania, and between them, there are over 100 total offerings to choose from!

AM Best Assigns Performance Assessment to Dynamic Reinsurance LLC

June 30, 2025

AM Best has assigned a Performance Assessment of PA-2 to Dynamic Reinsurance LLC. The outlook assigned to the Performance Assessment is stable. Dynamic Re operates as an underwriting agency providing comprehensive reinsurance solutions across multiple lines of business, including property, casualty, financial lines, marine cargo and engineering risks,…

Dearborn Group and Symetra Reach Agreement on Acquisition of Dearborn Group’s Life & Disability Business

June 30, 2025

Dearborn Group shifts focus to core health offerings as Symetra adds scale to growing Workforce Benefits business. CHICAGO& BELLEVUE, Wash.—- Dearborn Group, one of the nation’ s largest ancillary benefits providers, and Symetra Life Insurance Company, a national provider of life, retirement and employee benefit insurance products, today announced a definitive…

Labor reform for Uber and Didi drivers and delivery drivers: They see opacity in accident insurance.

June 30, 2025

The labor reform for digital platform workers is not clear on how and who will pay insurance premiums, in addition to the rules issued with Mexican Institute of Social Security to calculate their net income will leave many of the drivers and delivery drivers out of social security, specialists said. Last Friday, June 27, the general provisions that establish how…

Lawsuits filed: June 15-21, 2025

June 30, 2025

Cases that end in an "A" were filed in the 188th District Court; "B" in the 124th District Court; and "CCL2" in the County Court at Law 2:. 2025-1007- B, Capital Educators Federal Credit Union serviced by Upgrade Incet al VS Nicholas Bedard, Breach of Contract. 2025-1030- B, 21st Century General Agency, Inc. VS Sergio Alejandro Oviedo and Carrie C. Densman, Suit on Insurance…

GOP's 'BBB' would not offset damage done to ACA

June 30, 2025

Republicans in Congress have dropped the mantra to "repeal and replace" Obamacare that they repeated so often during President Donald Trump's first term. The Congressional Budget Office projects that eliminating this for the ACA would result in 700,000 people becoming uninsured by 2034.. This is in addition to the 4 million who are expected to lose coverage…

WHAT TO EXPECT FROM IOWA'S MENTAL HEALTH SYSTEM CHANGES

June 30, 2025

For the second time in 12 years, Iowa's mental health system is undergoing an overhaul. Advocates of the change hope it will improve access to services and better coordination of care, by combining Iowa's 32 disparate mental health and substance use regions into seven unified behavioral health districts, while placing disability services under the…

KBRA Releases Research – Private Credit: KBRA-Rated Private Equity and Private Credit Firms Demonstrate Resilience Through Market Challenges

June 30, 2025

KBRA releases a research report examining the resilience of its rated private equity and private credit firms. Amid ongoing trade tensions, tariffs, market volatility, and a possible economic slowdown, KBRA views alternative asset managers— particularly those geared toward PE and PC— as more resilient on average than other types of financial institutions.

Union County Commissioners Oppose One Big Beautiful Bill Act

June 29, 2025

ELIZABETH, NJ— The Union County Board of Commissioners are trying to prevent county residents from receiving cuts to their health insurance coverage, which could happen under a bill that is currently being reviewed by U.S. Congress. "We need leaders to stand up, speak out, and take on the Trump Administration and speak about how this will affect residents here…

Editorial: The Big Beautiful Bill and Obamacare

June 29, 2025

Republicans in Congress have dropped the mantra to "repeal and replace" Obamacare that they repeated so often during President Donald Trump's first term. The Congressional Budget Office projects that eliminating this for the ACA would result in 700,000 people becoming uninsured by 2034.. This is in addition to the 4 million who are expected to lose coverage…

Two new property insurers approved to sell in Florida. More coming, regulators say

June 29, 2025

The office on Friday identified the two new companies in a news release as Incline National Insurance Company, headquartered in Texas, and Florida Insurance and Reinsurance Company, a Florida- domiciled company that Insurance Commissioner Mike Yaworsky said will primarily offer coverage for condominiums and condo associations. The others are Apex Star…

GBP/USD Weekly Forecast: Near-Term Gains and Long-Term Technical Thoughts – 29 June 2025

June 29, 2025

On Thursday the GBP/USD tested highs around 1.37730, which had last been seen in February of 2022.– Not only did risk appetite return to financial institutions based on the ceasefire in the Middle East, but economic conditions in the U.S have created a notion that the U.S Federal Reserve will have to begin cutting the Federal Funds Rate no later than September,…

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