The White House announced on Thursday that it will send $500 refunds to nearly one million Americans enrolled in Obamacare health insurance plans across 30 states, citing “user fees” passed on to consumers in higher premiums that exceeded the amounts needed to run the Healthcare.gov federal exchange. Details of the Obamacare User Fee Refunds and … Read more
U.S. Treasury Secretary Scott Bessent urged Bank of Japan Governor Kazuo Ueda to conduct sound monetary policy to anchor inflation expectations and avoid excessive yen volatility during a G20 meeting in Asheville, North Carolina, according to the U.S. Treasury Department. The high-level discussions, held on September 1, 2026, cement the case for an impending Japanese … Read more
Federal Bank plans to raise $500 million through a five-year dollar bond sale, according to bankers who requested anonymity because they lack authorization to speak with the media. The capital-raising effort follows a board approval on Friday for foreign-currency-denominated bonds issued through the International Financial Services Centre Banking Unit located in GIFT City. Federal Bank … Read more