Three of the 12 voting members of the committee said they would have preferred to raise rates. The Fed is battling stubborn inflation, which has worsened as a result of the U.S. war with Iran. NPR's Scott Horsley is here in the studio with us now. SCOTT HORSLEY, BYLINE: Hi, Juana.
Newswires
The Federal Reserve held interest rates steady on Wednesday, a choice that may intensify questions about how U.S. central bank chief Kevin Warsh will deliver on his commitment to bring inflation back down to the 2% target. Those same three officials- the presidents of the Fed' s Cleveland, Dallas and Minneapolis regional banks- had also dissented at Jerome…
mmigration of foreignborn individuals moving to the U.S. has sparked serious debates about the pros and cons of the movement. In March, the Federal Reserve Bank of Dallas published a detailed study using data from 2021 to 2025 to estimate the impacts of unauthorized immigration in two key areas: the labor market and the housing market. Before jumping into the…
At a“ labor tailgate” held Wednesday by striking Mount Nittany Medical Center employees, speakers took aim at the health system terminating healthcare benefits for more than 900 workers on strike. Ro Khanna, D- California, followed Mount Nittany’ s official revocation of healthcare benefits from workers participating in the planned five-day strike.
By Whitney Downard| Pennsylvania Capital-Star. More than 600 Pennsylvanians signed a petition calling for a "healthcare cost freeze," organized by the Affordable Healthcare Coalition, which is scheduled to be delivered on Wednesday to the agency's Harrisburg office. Coalition members include Kraus' organization, Affordable PA, the Pennsylvania…
2026 JUL 29– By a News Reporter-Staff News Editor at Insurance Daily News– Data detailed on Post-Operative Complications have been presented. According to news reporting out of Salt Lake City, Utah, by NewsRx editors, research stated,“ Total ankle arthroplasty and ankle arthrodesis remain viable treatment options for end-stage ankle arthritis.
Greg Abbott raised the curtain on the third part of his plan to lower insurance costs for Texans. According to the Texas Association of Health Plans, insurance premiums for small businesses in Texas are jumping 15-20% in 2026— 36-82% above the national average. Because Texas is one of the most heavily mandated states in the country, the state is one of most…
Fed holds rates steady as three officials push for a hike
Net interest on the debt has already topped $827 billion this fiscal year, according to the Treasury Department. He pointed to a sharp rise in Treasury yields since the last meeting and said markets, not the central bank, should lead. The three who dissented– Beth Hammack, Neel Kashkari and Lorie Logan– favored a quarter-point increase, according to the statement.
At the UHI CommunityCare Clinic in Opa-locka, anyone without health insurance can get primary and specialty care, including free dental care, eye exams and prescription glasses. The clinic has seen an increase in patients since last year when more people were kicked off Medicaid, others dropped their health plans due to costlier health insurance premiums, and…
Ategrity Specialty Insurance Company Holdings today announced financial results for the quarter ended June 30, 2026. The Company reported net income attributable to stockholders of $33.5 million, or $0.67 per diluted share, compared to $17.6 million, or $0.39 per diluted share, in the prior-year period. Gross written premiums increased 23.4% to $206.8…
Oil prices jump following fighting with Iran, while US stocks sink after Fed opts not to raise rates
—Oil prices got back to jumping, while sinking technology stocks dragged Wall Street lower amid uncertainty about what the Federal Reserve will do to get high inflation under control. More drops for recent AI winners including Nvidia, Micron Technology and AMD weighed on the stock market. NEW YORK— Oil prices got back to jumping on Wednesday, while the U.S. stock…
Porch Group, Inc., a new kind of homeowners insurance company, today reported second quarter results through June 30, 2026, that exceeded our expectations. With strong capacity, expanding top-of-funnel activity, and rapid policy growth, we believe Porch is increasingly positioned for sustained profitability, a stronger balance sheet profile, and…
Today, Vermont's families, workers, and small businesses face some of the highest health insurance costs in America while having fewer affordable choices than people living in neighboring states. That experience has taught me an important lesson: Vermont gets much better policy when no single political philosophy dominates the debate.
WASHINGTON, DC Fannie Mae today reported its second quarter 2026 financial results and filed its Second Quarter 2026 Form 10- Q with the Securities and Exchange Commission. The filing provides condensed consolidated financial statements for the quarter ended June 30, 2026. Fannie Mae' s Form 10- Q for the quarter ended June 30, 2026.
—Federal Reserve leaves interest rate unchanged in 9-3 vote, but a hike is widely expected at next meeting in September.
HACKENSACK, N.J., July 29, 2026/ PRNewswire-PRWeb/– Paperclip, the leading secure data exchange platform for the insurance and financial services industry, announced today that National Life Group has joined its growing carrier network. The partnership enables distribution partners across the Paperclip ecosystem to seamlessly send Informal business to…
OFAC Sanctions Illicit Maritime Insurance Scheme and Iran's Shadow Fleet. Through the Persian Gulf Marine Insurance Company and HormuzSafe Marine Services Authority, the regime brokers IRGC-approved policies designed to extract revenue under the guise of maritime services, including payments in digital assets to evade sanctionsallowing Iran to…
Tacoma- based MultiCare and Mountlake Terrace- based Premera Blue Cross appear to have avoided breaking off insurance coverage for patients. Bill Akers, executive vice president at Premera Blue Cross, said in an emailed statement,“ MultiCare will remain in-network while both organizations work through the remaining contract details.” Akers added that the…
A new Insurance Information Institute members-only Issues Brief finds extreme heat, drought conditions and continued population growth in wildfire-prone areas are contributing to elevated wildland fire exposure across multiple regions of the country, including the Southeast and Great Plains. “Wildfire is increasingly a national risk issue rather…
