Newswires

The Federal Home Loan Bank of Dallas and Red River Bank are celebrating a milestone: $12 million in FHLB Dallas grants delivered over 25 years to support affordable housing, disaster recovery and economic development in communities across Louisiana. FHLB Dallas and Red River Bank held a series of ceremonial check celebrations December 8-9 at several…

Jackson National Life Insurance Company ®, the main operating subsidiary of Jackson Financial Inc. i, today announced it has awarded $730,000 to nonprofits serving the communities where Jackson has offices: Lansing, Michigan; Nashville, Tennessee; and Chicago, Illinois. “At Greater Lansing Food Bank, we work toward more than just ensuring neighbors have…

—The Federal Reserve cut its benchmark interest rate by a quarter point Wednesday for the third time since September, bringing its key rate to about 3.6%, the lowest in nearly three years. Before September, it had gone nine months without a cut. Three of the big five banks cut their savings account rates since the last Fed rate cut in October, according to Ken Tumin,…

Chairman Rand Paul of the Senate Homeland Security and Governmental Affairs Committee, released a new report exposing the Federal Reserve's use of Interest on Reserve Balances. The report is based on over 40,000 pages of documents Chairman Paul obtained from the Federal Reserve detailing IORB payments for every two-week period from July 2013 through July…

The Federal Reserve cut its key interest rates by a quarter-point Wednesday, but whether it will help the slow-moving California economy and give consumers a meaningful boost is questionable. The accumulated savings from the Fed’ s moves are starting to add up to real money,” said Matt Schulz, chief consumer finance analyst at LendingTree, which tracks interest…

I follow the newspaper's Opinion section. There are over 300 million residents in the U.S., not just the 24 million on Obamacare. A family of four on private insurance pays upwards of $2,000 per month for the same coverage Obamacare participants get for below $250.

Louisiana has halted a contract with United Healthcare to provide Medicaid coverage for roughly 333,000 people in Louisiana, less than a month before next year's agreement was set to take effect. People on the United Healthcare plan will be redistributed to other plans, the Louisiana Department of Health said. The letter from the health department did not…

The agriculture organization's chief administrator, Rob Robertson, said Monday in Kearney that Congress appears stalled on providing subsidies for the ACA "Obamacare" program, leaving farmers uninsured, so Farm Bureau has taken matters into its own hands. Although the Nebraska Farm Bureau's plan is similar to many insurance plans, Farm Bureau has been…

CEDAR FALLS– Kaye Englin, president and CEO of the Community Foundation of Northeast Iowa, will serve as a panelist at the Federal Reserve Bank of Chicago's 39th Annual Economic Outlook Symposium on Friday, Dec. 12. Englin will participate in a panel discussion titled "Chicago Fed Contact Experiences in 2025," moderated by Steve Edwards, executive vice president…

—Federal Reserve cuts key interest rate but signals higher bar for future reductions.

And unless Congress extends tax credits that deeply subsidize health insurance costs, Idahoans’ average premiums are expected to double on the exchange next year, possibly prompting thousands to cancel their policies. On Thursday, the U.S. Senate is expected to vote on a bill by Democrats that would extend the enhanced premium tax credits for three years.

The U.S Fed is expected to cut its Federal Funds Rate by 25 basis points in a handful of hours. While some analysts claim the Fed will have to remain very cautious about the potential for future interest rate cuts, it needs to be pointed out that a power shift in the Federal Reserve will develop in the next two months rapidly, this as Jerome Powell exits the Chairman’ s…

The following information was released by the office of the New York State Comptroller:. New York City Health+ Hospitals will see pressure on key sources of revenue as Medicaid and low-income patients that rely on federal support lose health insurance, while reimbursement rates for health care programs are cut by Washington, making it harder for the largest…

The following information was released by Public Citizen:. "Insurers have used climate change to justify rate hikes, cancellations, and claim denials, yet they're quietly posting record profits," said Caroline Nagy, associate director of housing policy at Americans for Financial Reform Education Fund. "Transparency creates accountability, said Kevin Hill,…

State-owned Citizens Property Insurance Corp. is recommending a 2.6% statewide rate decrease for its personal lines accounts in 2026.. Most South Florida homeowners would see far larger decreases while average rates are projected to increase in several Central Florida counties, including Orange, Osceola, Lake and Brevard. During its quarterly meeting on…

AM Best has assigned a Long-Term Issue Credit Rating of“ bbb+” to the $70 million, 9% surplus notes, due December 2045, issued by Maine Employers’ Mutual Insurance Company. The surplus notes issuance is intended to strengthen the balance sheet and support MEMIC’ s acquisition of the Dakota Group, which is expected to close in January 2026, pending regulatory approval.

The deadline is approaching for Congress to extend the Affordable Care Act's enhanced premium tax credits and failing to do so is expected to cost about 4 million people their coverage over the next decade. Congress has until Dec. 31, to extend the Affordable Care Act's enhanced premium tax credits, though it remains unclear if the framework plans circulating…

Republicans held fast, but offered no solution other than their repeated claim over the past decade that they are working on something much better than the Obamacare Affordable Care Act. President Trump put forward the proposal to give cash subsidies directly to Americans, rather than insurance companies, so we could shop for the best deals.

Some of its components will require approvals by the Florida Legislature. The plan includes limiting AI use by insurance companies as well as licensed mental and behavioral health providers and restricting new data centers from landing on Florida farmland and getting public subsidies. A new report by the Massachusetts Institute of Technology and Oak…