Financial Services

The Latest: House passes bill to cut auto insurance premiums

May 9, 2019

The Michigan House is moving to quickly pass its own overhaul of the state's auto insurance system a day after a plan was approved by the Senate

Insurance claims from deadly California wildfires top $12B

May 8, 2019

Insurance claims have topped $12 billion for the November wildfires in California, making them the most expensive in state history

Arkansas company buys remainder of Branson duck boat fleet

May 8, 2019

The company that originally owned a duck boat that sank on a Missouri lake last summer killing 17 people has sold the remainder of its fleet to an Arkansas-based investment company

Attorneys general from 33 states urge pot banking reform

May 8, 2019

Attorneys general from 33 states are urging Congress to approve a bill intended to fully open the doors of the U.S. banking system to the legal marijuana industry

Maxine Waters a model for many outspoken freshman Democrats

May 8, 2019

Maxine Waters is having her moment in power, becoming a foe to Trump and a role model to freshmen Democrats

Worsening US-China trade tensions rattle financial markets

May 7, 2019

The Dow Jones Industrial Average tumbled more than 470 points Tuesday as the U.S. and China moved closer to an escalation of their already costly trade war.

Lebanon's Central Bank workers suspend strike for 3 days

May 7, 2019

Lebanon's Central Bank of Lebanon employees suspend their open-ended strike for 3 days, hoping no wage cuts

Malaysia cuts interest rate for first time in 3 years

May 7, 2019

Malaysian central bank cuts key interest rate to counter weaker growth

Records: Cracks in Miami bridge grew 'daily' before collapse

May 6, 2019

Just hours before a pedestrian bridge collapsed and killed six people at a Miami university, engineers confirmed that cracks in the concrete structure "increased in length daily."

Lebanon stock trading suspended over central bank strike

May 6, 2019

The Beirut Stock Exchange says it is suspending trading due to the open strike declared by the employees of Lebanon's central bank

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