Survivors of U.S. military strike in Caribbean were legitimate targets for second attack, admiral to tell lawmakers
Survivors of U.S. military strike in Caribbean were legitimate targets for second attack, admiral to tell lawmakers
U.S
What’s the Typical U.S. Bank Balance? The Data Explained
Key Takeaways Median bank account balances in the U.S. range from $5,400 for those under 35 to $13,400 for ages 65–74, according to Federal Reserve data. Couples—with and without kids—report higher median savings than single households. College-educated households have the highest bank balances. The data reflects median—not average—savings, offering a more accurate snapshot of what
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Skyward Specialty Promotes Burkhart to President, U.S. Property & Casualty
John Burkhart Skyward Specialty Insurance Group Inc., headquartered in Houston, Texas, promoted John Burkhart to president, U.S. property & casualty, Skyward Specialty Insurance. In this expanded role, Burkhart will assume oversight of the Company’s captives & specialty programs divisions in addition to his current responsibilities for professional lines, industry solutions, surety, accident & health, and
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Shutdown Sparks Sharp Drop in U.S. Consumer Sentiment
Key Takeaways The University of Michigan Consumer Sentiment Index fell to 50.3 in November, the lowest level since June 2022, while its survey results on current economic conditions were at the lowest point in the report’s 73-year history. While consumers had previously brushed off the government shutdown, this month’s results showed that the budget battle
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Nigeria says U.S. help against Islamist insurgents must respect its sovereignty
Nigeria says U.S. help against Islamist insurgents must respect its sovereignty
Nigeria says U.S. help against Islamist insurgents must respect its sovereignty Read More »
Fed Interest Rate Decision, U.S. Retail Sales, Meta Event, Earnings from FedEx, General Mills
Key Takeaways A Federal Reserve interest rate decision comes Wednesday, followed by remarks from Chair Jerome Powell. Meta Platforms CEO Mark Zuckerberg delivers a keynote at the company’s annual Meta Connect event. U.S. retail sales, housing starts, and jobless claims lead the week’s economic releases. FedEx, General Mills, and Bullish are among the companies scheduled
What This Means for the U.S. Economy
Key Takeaways Denmark will soon be tied with Libya as having the highest official retirement age, at 70 years old. Other countries with high retirement ages include Australia, Greece, Iceland, Israel, Italy, the Netherlands, Spain, and the United States. Countries with low official retirement ages often have high effective retirement ages, meaning people tend to
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U.S. E&S Growth Slows but Remains Strong
Direct written premiums saw double-digit growth for the seventh straight year for U.S. excess and surplus (E&S) insurers, according to Fitch Ratings’ latest annual property/casualty market review. Per a Fitch press release, U.S. E&S direct written premiums grew by 11% in 2024—down from 15% the prior year but higher than the 8% increase for U.S.
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U.S. Sets ESTA Fee to Nearly Double Starting Sept. 30
Starting September 30, the cost of entering the U.S. under the Visa Waiver Program is going up, nearly doubling from $21 to $40. Visitors to the U.S. from some of the nation’s closest allies will soon be required to pay these higher fees, which were outlined in the Trump administration’s “One Big Beautiful Bill.” The
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5 Reasons Behind the U.S. Housing Price Surge, Leaving Many Struggling to Buy or Rent
Key Takeaways Housing demand continues to outpace supply, driving up prices nationwide for home buyers and renters. High mortgage rates are pricing out some buyers while discouraging existing homeowners to sell. Restrictive local zoning regulation can make it harder to build new homes, driving up the cost of housing in those communities. Institutional buyers are
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