The latest from Washington, D.C., impacting the insurance and financial services industries.
Insurance issues are on the line as federal and state lawmakers are on the ballot in 2024.
Trade policy with China sits at the center. China is no longer just a trading partner with whom we have differences. We're talking about electric vehicles, of which China commands almost 60% of the world market.
The Federal Reserve's anti-inflation interest-rate hikes helped, too. A flood of federal spending on infrastructure, microchips and electrification boosted North Carolina's construction sector, and the nationwide housing shortage hasn't hurt either. Ben Harris and Aaron Sojourner of the Brookings Institution designed a model to study this perception…
Trade policy with China sits at the center. China is no longer just a trading partner with whom we have differences. We're talking about electric vehicles, of which China commands almost 60 percent of the world market.
This rule pertains to significant changes to the Medicare Advantage, Medicare Prescription Drug Benefit Program, and other related health programs.
While U.S. lawmakers have a tentative agreement to avert a U.S. government shutdown on Jan. 20, congressional leaders are reported to be close to a separate deal that would restore President Joe Biden's 2021 expansion of the child tax credit in exchange for bringing back a pair of deductions for business investment. That might sound strange given the dire fiscal…
For example: after the Great Recession of 2009 the Fed printed new money and started buying $2 Trillion of government debt, aka " U.S. Treasuries") under the guise of Quantitative Easing (QE1) for the purpose of reducing Unemployment below 6%. In 2011 Standards& Poor downgraded U.S. Debt for the first time in history and Foreign Nations reduced their purchasing of…
Falling Treasury yields have either led stocks higher on the heels of slowing inflation data, or prompted investors to trim gains as price pressures quicken and the prospect of Federal Reserve interest-rate cuts dims. But Treasury yields also play a crucial role in the housing market. Core inflation, which strips out food and energy costs and is closely…
The rule sets requirements to improve the electronic exchange of health information and prior authorization processes for medical items and services.
Former President Donald Trump is cruising in Iowa but running ads in New Hampshire to dampen independent support for Nikki Haley, his nearest rival in the Granite State. The ads, which began running on MSNBC in recent days, hit Ms. Haley over her assertion that younger workers should prepare for a higher retirement age. Some polls show Ms. Haley trailing Mr. Trump by…
At the top of the list is implementing transparency, accountability and affordability in health care markets.
California homeowners battered by the meltdown of the Golden State "s home insurance market will have a new place to voice their frustration in 2024— at the ballot box. Adam Schiff, the frontrunner in the March 5 primary, has introduced a bill in Congress aimed at easing home insurance woes across the country and especially in California, where officials are…
