Editor Brian Harrod Provides Comprehensive up-to-date news coverage, with aggregated news from sources all over the world from the Roundup Newswires Network
The Supreme Court will decide whether some of the nation's largest health providers can rely on their church affiliations to avoid complying with federal laws covering pension benefits for workers. The justices agreed Friday to take up cases involving three nonprofit hospital systems being sued for underfunding their employee pension plans.
Virginia suffered only a glancing blow from Hurricane Matthew last month when unprecedented amounts of rain fell, but on Wednesday officials estimated flood damage to be hundreds of millions of dollars, making it the costliest storm since Hurricane Isabel in 2003. Emergency management officials are now renewing calls for residents to get flood insurance, saying a vast majority of homeowners in areas vulnerable to major hurricane storm surge lack coverage.
One of the great challenges experienced by both the press and at least some of the public in understanding Donald Trump is caught up in what his defenders often cite: The press during the long campaign made the mistake of taking Trump literally but not seriously, while Trump's many followers took him seriously but not literally. So how does all that work out regarding the president-elect's stand on Medicare? During the campaign, Trump made a point of vowing that he would keep his hands off both Medicare and Social Security.
Steven Mnuchin, president-elect Donald Trump's nominee to be treasury secretary, said Fannie Mae and Freddie Mac should leave government control and that the incoming administration "will get it done reasonably fast." The comments, which came in an interview on Fox Business, sent shares of the mortgage-finance giants soaring Wednesday.
Nov 30 Royal Bank of Scotland still faces challenges from past misconduct and bad assets, Bank of England Governor Mark Carney said on Wednesday after the British lender failed the central bank's latest stress test. The BoE ruled that RBS must boost its capital buffers, an unexpected result that underlines a litany of problems that RBS is grappling with.
Steven Mnuchin, President-elect Donald Trump's expected choice to be the nation's 77th treasury secretary, has had a long history as a successful financial executive and a shorter but significant period in a job that ushered him into Trump's inner circle: head of Trump's campaign finance operation. When Mnuchin, 53, was chosen by Trump as his national finance director in May, he told The Associated Press that the two men had been friends for 15 years.
Steven Mnuchin, President-elect Donald Trump's expected choice to be the nation's 77th treasury secretary, has had a long history as a successful financial executive and a shorter but significant period in a job that ushered him into Trump's inner circle: head of Trump's campaign finance operation. When Mnuchin, 53, was chosen by Trump as his national finance director in May, he told The Associated Press that the two men had been friends for 15 years.
Nov 29 The U.S. lawmakers who helped bring the Consumer Financial Protection Bureau into being rose to defend it on Tuesday, urging the full U.S. Court of Appeals for the District of Columbia to review a ruling that poses an existential threat to the agency. In an amicus brief, 21 current and former members of Congress said the whole court should review a decision reached by three of its judges in October that the CFPB's sole director has too much power and that the President should have power to fire the director.
U.S. banks' earnings in the July-September period jumped nearly 13 per cent from a year earlier as continued growth in lending fueled interest income. The data issued Tuesday by the Federal Deposit Insurance Corp. showed strength in the banking industry more than eight years after the financial crisis struck.
President-elect Donald J. Trump's campaign pledge to dismantle the Dodd-Frank Wall Street Reform and Consumer Protection Act might have struck a chord among voters, but the politics of repealing or replacing it won't be simple. The stakes are high as the CalPERS board debates whether to significantly decrease the nation's largest public pension fund's assumed rate of return, a move that could hamstring the budgets of contributing municipalities as well as prompt other public funds across the country to follow suit.
U.S. President Barack Obama said in 2013 that "consumers, small-business owners, and pharmacists" have benefited from the Affordable Care Act Talk that the Affordable Care Act would decimate small businesses ran rampant when the law was passed, but has it turned out to be true? The health care law has forced some small-business owners to make tough choices, with more expensive coverage requiring them to scale back or even preventing them from providing coverage to employees, they told MarketWatch. But other entrepreneurs say it has done nothing but good, allowing them to start their own businesses, stabilizing the cost of insuring employees, or simply giving them the peace of mind about getting health insurance in the future.
Donald Trump's first appointments as president-elect were a mixed bag for Speaker of the House Paul Ryan. Reince Priebus, a longtime Ryan ally from Wisconsin who headed the Republican National Committee, will be Trump's White House chief of staff.
Local residents impacted by Hurricane Matthew have more time to register for assistance, so officials want everyone to get registered and know the facts about receiving aid. The deadline to register for assistance from the Federal Emergency Management Agency is Jan. 9. That's a month beyond the original Dec. 9 registration deadline.
U.S. Representative Evan Jenkins urged Congress to act immediately to protect miners' pensions and healthcare benefits and pass legislation to keep our promise to them.
The holiday season is upon us, bringing with it family gatherings and familiar traditions. As you bustle about from place to place, sharing turkey dinners and catching up with loved ones, there's one errand you can avoid - a visit to the Social Security office.
With some in the finance industry salivating over the prospect of deregulation under Donald Trump, a key power broker is emerging who might bring headaches for Wall Street. House Financial Services Committee Chairman Jeb Hensarling has already been rumored as a potential Treasury Secretary under Trump and he's got a plan at his fingertips for ripping up and replacing the Dodd-Frank Act.
Before taking office, Trump signals campaign promises are negotiable U.S. presidential candidates frequently make campaign promises they can't deliver once in power. Check out this story on thetowntalk.com: http://usat.ly/2g2JP36 Trump made a lot of big promises on the campaign trail, as President-elect many of those declarations are starting to look less and less possible.
Vermont Sen. Bernie Sanders called on President-elect Donald Trump follow through on a raft of pledges-including heavy federal spending on Medicare, Medicaid, Social Security and infrastructure-that he made as candidate, in the face of the Republican Congress's budget-slashing ambitions. Trump split with decades of fiscally conservative GOP dogma during his erratic run at the presidency by promising to leave entitlement outlays untouched and to sink billions into the country's bridges, roads and water systems.
U.S. President-elect Donald Trump meets with Speaker of the House Paul Ryan on Capitol Hill in Washington, U.S., November 10, 2016. REUTERS/Joshua Roberts Whatever happened to "if it ain't broke, don't fix it?" Despite support for Medicare - the nation's health-care safety net for its senior population - many tea-leaf readers are predicting that the Yes, he is just the Speaker of the House and Donald Trump is the President-elect.
U.S. Senate candidate Loretta Sanchez holds a press conference in October to criticize the mortgage settlement made by Atty. Gen. Kamala Harris, now California's senator-elect, outside the Ronald Reagan State Building in Los Angeles.