The tools of diplomacy range from formal international agreements, like the High Seas Treaty for protecting marine life, which went into effect on Jan. 17, 2026, to deals between countries, to efforts led by companies, scientists and issue-focused organizations. As researchers in international trade and diplomacy at Arizona State University in the…
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Federally funded infrastructure projects continue to drive premium growth for U.S. surety bond writers, with underwriting profits in this construction-oriented line of business exceeding $2 billion for a third consecutive year in 2024, according to a new AM Best report. As federally funded projects connected to the Infrastructure Investment and Jobs…
WASHINGTON— President Donald Trump outlined his health care proposals to Congress on Thursday, asking lawmakers to approve several broad policy changes "without delay"— but left out any mention of enhanced tax credits whose expiration has left some Americans with skyrocketing costs. Health care costs, especially the rising price of health insurance, have…
–An early appraisal of President Donald Trump's health care plan found the changes could save $50 billion or add as much $350 billion in new costs over a decade. The plan has parts similar to the Republican's Lower Health Care Premiums for All Americans Act, which the Congressional Budget Office estimated could save $35.6 billion over a decade.
Supreme Court prepares to weigh Trump’s power over Federal Reserve
President Trump's power over the Federal Reserve will be front and center at the Supreme Court next week. Looming over it all is the Justice Department's criminal investigation into Jerome Powell, the Fed's chair, which came into public view last weekend. The Supreme Court's conservative majority has appeared sympathetic to Trump's efforts to eviscerate…
Donald Trump's henchmen are at it again, this time ginning up a phony criminal investigation into Federal Reserve Chair Jay Powell in much the same way that they've tried against Trump antagonists Jim Comey and Tish James. Those persecutions were horrible precedent in their own right, but this, signed off on by the U.S. attorney for D.C., Jeanine Pirro, is a…
Nevada lawmakers have enacted a first-of-its-kind law designed to keep insurance companies operating in the state as more insurers grow squeamish about doing business in wildfire-prone areas. But opponents worry the bill could make the growing insurance crisis worse. The bill took effect Jan. 1.
Jess sustained serious injuries in an automobile account when he was 35 and has not been able to work since. He qualified for Social Security Disability based on his payments into the system when he was working and is receiving monthly benefits. The individual opening an account in Texas must be a Texas resident, have a disability proved through SSDI or…
HENRICO, Va.— Sheldon Ekirch spends a lot of time on hold with her health insurance company. Sometimes, as the minutes tick by and her frustration mounts, Ekirch, 30, opens a meditation app on her phone. Patients with Ekirch's condition don't always respond to IVIG, but she said she deserves to try it, even though it could cost more than $100,000.
Nationwide, the number of people buying health plans on Obamacare insurance marketplaces is down by about 833,000 compared with a year ago, according to federal data released this week. But nine states and Washington, D.C., have deadlines later this month, so the numbers could change. Preliminary data released Monday by the federal Centers for Medicare& Medicaid…
WASHINGTON— Federal Reserve Chair Jerome Powell said Sunday the Department of Justice served the central bank with subpoenas and threatened it with a criminal indictment over his testimony last summer about the Fed's building renovations. WAR POWERS: Senate Republicans voted to dismiss a war powers resolution Wednesday that would have limited President…
The Centers for Medicare and Medicaid Services reports that 22.8 million consumers have signed up for 2026 individual market health insurance coverage through the Marketplaces since the start of the 2026 Marketplace Open Enrollment Period on November 1, 2025. HealthCare.gov: The 30 states that use the HealthCare.gov platform for the 2026 coverage year…
The economy is showing positive signs entering the new year, despite pressure from factors like tariffs, said Daryl Bible, M&T Bank's chief financial officer. Daryl Bible, M&T Bank's chief financial officer, said he sees signs of strength in the economy. "Employment is still softening to some extent, but it's not in arrears, it's not going negative," Bible said Friday,…
An independent U.S. monetary authority is imperative for economic growth, prosperity, stability, and— indeed— sustainability! About 50 years ago, my dissertation developed an early model of the monetary system and measured the effects of Federal Reserve policy. After the Panic of 1907, Congress created the Federal Reserve in 1913, formally added the Federal…
WASHINGTON— President Donald Trump's feud with Federal Reserve Chairman Jerome Powell has escalated into a Department of Justice investigation, raising alarm bells among some Republicans in the Senate, where Trump will need broad backing from GOP lawmakers to get his choice for the next Fed chairman approved after Powell's term ends in May.
WASHINGTON— President Donald Trump announced the outline of a health care plan Thursday that he wants Congress to take up as Republicans face increasing pressure to address rising health costs after lawmakers let subsidies expire. Democrats rejected the idea as a paltry substitute for the tax credits that helped lower monthly premiums for many people…
Democrats on Wednesday unveiled a package of proposals aimed at lowering living costs, boosting wages and protecting affordable health insurance— while sharply criticizing Republican leaders and Gov. "We made it our goal to focus on three main things— making Iowa number one in education, lowering the cost of living and affordability, and making Iowa the best…
The following information was released by the Federal Reserve Board:. Good morning and thank you for the invitation to join you today.1 It is a pleasure to be with you here in Boston at the New England Economic Forum to share my outlook on the economy and monetary policy, and I would like to thank Kathleen Murphy, the CEO of the Massachusetts Bankers Association, for…
The following information was released by the Federal Reserve Board:. At the American Institute for Economic Research, Shadow Open Market Committee, and Florida Atlantic University Conference, Boca Raton, Florida. It is an honor to speak at Florida Atlantic University, and I am glad to have the chance to talk with those here from the American Institute for…