Ana Carolina Garriga, University of Essex and Cristina Bodea, Michigan State University. President Donald Trump has again threatened to oust Federal Reserve Chair Jerome Powell, putting at risk a keystone of good economic policy and inflation management: central bank independence. Powell has said he intends to remain at the helm after that if his replacement…
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Citizens Financial Group, Inc. today reported first quarter financial results. In addition, these materials will be furnished to the Securities and Exchange Commission on a Form 8- K and will be available on the SEC website at www.sec.gov. Credit is trending favorably, the Private Bank continues to grow nicely, and Reimagine the Bank is off to a great start.
The Fed's job is to stop second-order effects of price changes. " Yet the Federal Reserve operates under a dual mandate, which requires it to maintain both maximum employment and price stability as goals of monetary policy. If Warsh is serious about prioritizing price stability, he should advocate for Congress to adopt a single mandate focused on price…
The following information was released by the Illinois Senate Democrats:. With nearly one in 10 Americans lacking health insurance coverage according to the U.S. Census Bureau, State Senator Laura Ellman advanced new legislation to ensure Illinois residents are not locked out of coverage due to past-due premium payments. "Unexpected financial hardship can…
Employer-sponsored health insurance is the largest source of health coverage for U.S. residents under age 65. Unlike many other nations, the U.S. relies on voluntary, private health insurance as the primary source of coverage for residents who are not elderly, poor or disabled. A KFF analysis of the American Community Survey found that 154 million people under…
The following information was released by the Illinois Senate Democrats:. According to the Center for Disease Control, roughly 2.9 million adults and 456,000 children across the United States suffer from epilepsy or another seizure disorder. To expand Illinois patient access to these life-saving devices, Senate Bill 2762 would require health insurance…
The following information was released by the Oklahoma State Senate:. OKLAHOMA CITY- Legislation authored by SenatorKristen Thompson, R-Edmond, that will restore fairness and transparency in dental insurance practices has been signed into law by the governor. I appreciate Governor Stitt for signing this measure and the House bill author Speaker Pro Tem…
The following information was released by the Illinois Senate Democrats:. To ensure patients can consistently access the medicines they depend on, State Senator Laura Fine is leading legislation to safeguard insurance coverage for topical eye medications. Senate Bill 2921 passed the Senate on Tuesday and now heads to the House.
The following information was released by the Illinois Senate Democrats:. State Senator Willie Preston is spearheading a measure that would require health insurance companies to provide coverage for rehabilitative speech therapy as a treatment for stuttering. The measure is estimated to cost the state about $1.9 million, but Medicaid coverage will not…
But NPR pharmaceuticals correspondent Sydney Lupkin reports insurance coverage has not kept pace. SYDNEY LUPKIN, BYLINE: For Megan Lena, a special ed teacher in Massachusetts, the letter she got last spring from the company that manages her drug benefits really hurt. CVS Caremark said it was dropping Eli Lilly' s blockbuster obesity drug Zepbound from its…
COLUMBUS, Ohio— Bipartisan lawmakers in both chambers of the legislature are proposing a major overhaul to Ohio's Medicaid system, which they say would make things easier on patients, ensure public transparency, and potentially save the state millions. State Senators Louis Blessing and Beth Liston, along with Representative Karen Brownlee say Ohio's…
President Donald Trump vowed to fire Jerome Powell if he opted to stay on at the Federal Reserve after his term as chair ends, doubling down on a criminal investigation into the central bank that is threatening to delay the confirmation of Powell's successor. Powell's tenure as chair officially ends May 15, but both the law and past precedent suggest that he can…
—President Donald Trump is betting that the tax cuts he signed into law last year will resonate with voters in Las Vegas, where he highlighted his tax breaks for tipped workers in an appeal targeted at this year's midterm elections. The president recalled in his remarks how a woman in Las Vegas gave him the idea to make tips tax-free, a move that he said is now helping“…
The U.S. economy is holding up well, despite uncertainty over tariffs and other policies, said Daryl Bible, M&T Bank's chief financial officer. "The situation in Iran poses new risks to the U.S. and global economies through energy prices and uncertainty," Bible said Wednesday, as the bank released its first-quarter earnings. M&T is keeping tabs on customers who…
With the city of Auburn facing a $5 million budget deficit, a proposed retirement incentive for eligible employees could help close that gap. The Auburn City Council will consider the proposal at its meeting on Thursday. That incentive is a $10,000 cash payout or a $12,500 contribution toward the retiree's health insurance premiums.
2026 APR 15– By a News Reporter-Staff News Editor at Insurance Daily News– According to news reporting originating from Washington, D.C., by NewsRx journalists, a trademark application has been made for“ EH” by Katrin Lewertoff Lewertoff IP Law Group, LLC, representing Euler Hermes S.A. This application was made available to the public on March 27, 2026.
2026 APR 15– By a News Reporter-Staff News Editor at Insurance Daily News– Investigators publish new report on Managed Care. According to news reporting from Philadelphia, Pennsylvania, by NewsRx journalists, research stated,“ To examine the plausibly causal effect of Medicaid home- and community-based services use on Medicare community-initiated home…
NEW PROVIDENCE, NJ– The Borough of New Providence is proud to announce that it has been awarded a $10,000 "No Accident Today" safety incentive through the Garden State Municipal Joint Insurance Fund, recognizing the Borough's ongoing commitment to proactive safety practices and effective risk management. The Garden State Municipal Joint Insurance Fund is a…
Carina Tom was 18 years old, working at Glamour Shots in a Long Island mall, when someone walked in and mentioned an entry-level opening at a title insurance company nearby. Today, Tom is the president and owner of Nu World Connect Title, a full-service settlement and title insurance company with offices in New York, New Jersey, Connecticut, Pennsylvania, Florida,…
