Understanding Post-Bankruptcy Liquidation Trusts
A main goal in bankruptcy is to get in and out as quickly as possible to minimize costs. It is often the case that even though a substantial portion of…
Dollar firm as inflation data douse bets for big Fed rate cut
By Kevin Buckland TOKYO (Reuters) – The dollar traded near a four-week high versus the euro on Thursday after signs of some stickiness in U.S. inflation reinforced expectations that the…
Oil prices flat as lower demand signs outweigh U.S. hurricane impact
By Katya Golubkova TOKYO (Reuters) – Oil prices were flat on Thursday as concerns about lower demand erased the gains from the previous session spurred by Hurricane's Francine's impact on…
Weekly Insulin Shots for Type 2 Diabetes May Be as Effective as Daily Shots
New research offers an alternative to daily insulin shots for the 8 million people in the United States with type 2 diabetes. Eli Lilly’s once-weekly insulin injection is just as…
James Earl Jones Lived with Diabetes for Decades Before His Death at 93
James Earl Jones, known for roles in Field of Dreams, The Lion King, and Star Wars, died at the age of 93. Jones was diagnosed with type 2 diabetes in…
BIOSECURE Act: Anticipated Movement, Key Provisions, and Likely Impact
Last night, the House of Representatives passed the BIOSECURE Act (BIOSECURE or the Act) by a bipartisan vote of 306 to 81. The BIOSECURE Act prohibits federal agencies from procuring…
Federal judge temporarily blocks Utah social media laws aimed to protect children
A federal judge in Utah has temporarily blocked social media access laws that leaders said were meant to protect the mental health and personal privacy of children, saying they are…
Atlanta Fed’s Bostic violated trading rules, US central bank watchdog says
By Michael S. Derby (Reuters) -Atlanta Federal Reserve President Raphael Bostic violated U.S. central bank policies governing how officials could trade and invest, the Fed's in-house watchdog said on Wednesday,…
Dow Jones Today: Major Indexes Fall After Inflation Data as Stock Market Recovery Fades
Traders Scale Back Bets on Big September Rate Cut 30 minutes ago Wednesday's inflation report solidified traders' expectations that the Federal Reserve will take a less aggressive approach to monetary…
Fed seen cutting policy rate by 25 bps next week
(Reuters) – U.S. central bankers will likely start a series of interest-rate cuts next week with a quarter-of-a-percentage point reduction, traders bet on Wednesday, as government data showed inflation cooled…