Financial services

FILE - In this July 5, 2016, file photo, visitors pass outside the front of a replica Noah's Ark at the Ark Encounter theme park during a media preview day, in Williamstown, Ky. In the Bible, the ark survived an epic flood. Yet the owners of Kentucky’s Noah’s ark attraction are demanding their insurance company rescue them from flooding that caused nearly $1 million in property damage. (AP Photo/John Minchillo, File)
May 24, 2019 - 6:41 pm
WILLIAMSTOWN, Ky. (AP) — In the Bible, the ark survived an epic flood. Yet the owners of Kentucky's Noah's ark attraction are demanding their insurance company bail them out after flooding caused nearly $1 million in property damage. The Ark Encounter says in a federal lawsuit that heavy rains in...
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Michigan Gov. Gretchen Whitmer speaks after touring the Hope Network Neuro Rehabilitation campus Thursday, May 16, 2019, in East Lansing, Mich. The Democrat says she is open to letting drivers opt out of mandatory unlimited medical coverage in their auto insurance policies, but opposes a full opt-out option. (AP Photo/David Eggert)
May 24, 2019 - 4:30 pm
LANSING, Mich. (AP) — Michigan's Legislature on Friday began passing a bill that would cut the country's highest auto insurance premiums by letting drivers forego a one-of-a-kind requirement to buy unlimited medical coverage for crash injuries. The voting followed the announcement of an agreement...
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FILE - This Jan. 15, 2019 file photo shows treasurer of Pennsylvania Joe Torsella before Pennsylvania Gov. Tom Wolf takes the oath of office for his second term at the state Capitol in Harrisburg, Pa. Pennsylvania’s treasury department is accusing about a dozen large financial firms of working together to illegally inflate the price of bonds issued by Fannie Mae and Freddie Mac over seven years. A federal court filing by Torsella on Thursday, May 23, cites what his office says is evidence from a “cooperating co-conspirator” in a U.S. Department of Justice investigation into price-fixing in the secondary market for bonds issued by government-controlled companies. (AP Photo/Matt Rourke, File)
May 24, 2019 - 3:41 pm
HARRISBURG, Pa. (AP) — Pennsylvania's treasury department is accusing about a dozen large financial firms of working together to illegally inflate the price of bonds issued by Fannie Mae and Freddie Mac over seven years. A federal court filing by Pennsylvania Treasurer Joe Torsella cites what his...
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Stephen Calk, center, leaves Federal court with his attorney Jeremy Margolis, left, Thursday, May 23, 2019, in New York. Calk charged in New York with issuing loans to win a role in President Donald Trump's administration has pleaded not guilty. (AP Photo/Mary Altaffer)
May 23, 2019 - 9:25 pm
NEW YORK (AP) — A banker who prosecutors say tried to buy himself a senior post in President Donald Trump's administration by making risky loans to former Trump campaign chairman Paul Manafort pleaded not guilty Thursday to a financial institution bribery charge as his lawyer said he's done nothing...
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Two people ask to take a photo with House Judiciary Committee Chairman Jerrold Nadler, D-N.Y., center, as the Senate and the House of Representatives shut down for the week-long Memorial Day recess, at the Capitol in Washington, Thursday, May 23, 2019. Rep. Nadler, whose district covers parts of Manhattan and Brooklyn in New York, has gained notoriety by leading one of the House committees investigating President Donald Trump. (AP Photo/J. Scott Applewhite)
May 23, 2019 - 2:49 pm
WASHINGTON (AP) — Plunging ahead despite paralyzing partisanship in the nation's capital, senior lawmakers of both parties Thursday proposed legislation to tackle "surprise medical bills" and other concerns, from prescription drug costs to uneven vaccination rates. The draft bill from Sens. Lamar...
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FILE - In this Wednesday, May 1, 2019, file photo, Federal Reserve Board Chair Jerome Powell speaks at a news conference following a two-day meeting of the Federal Open Market Committee, in Washington. Powell says a sharp rise in corporate debt is being closely monitored but currently the Fed does not see the types of threats that triggered the 2008 financial crisis. (AP Photo/Patrick Semansky, File)
May 20, 2019 - 8:47 pm
WASHINGTON (AP) — Federal Reserve Chairman Jerome Powell said Monday that the central bank is closely monitoring a sharp rise in corporate debt but currently does not see the types of threats that triggered the 2008 financial crisis. In remarks to a banking conference in Fernandina Beach, Florida,...
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In this 2014 photo, Randy Sullivan poses for a photo in Ketchikan, Alaska. Sullivan was the pilot of one of the two sightseeing planes that crashed in midair Monday, May 13, 2019, the National Transportation Safety Board announced after a team arrived from Washington, D.C., to investigate the crash. Alaska State Troopers in a statement late Tuesday said Sullivan was killed in the crash. (James Glionna/Los Angeles Times via AP)
May 15, 2019 - 8:06 pm
ANCHORAGE, Alaska (AP) — A newly married couple, a pilot who used his family's savings to buy his own plane, a devoted family man from Australia and an office manager at an insurance company with a vivacious personality and a heart of gold were among the six victims in this week's deadly mid-air...
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May 12, 2019 - 3:37 pm
ISLAMABAD (AP) — The International Monetary Fund said Sunday it reached a preliminary agreement with Pakistan for a $6 billion bailout over the next three years to finance sweeping economic reforms. Pakistan and the international lender reached a "staff level agreement" subject to approval by the...
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FILE - This Feb. 5, 2015, file photo shows the Anthem logo at the health insurer's corporate headquarters in Indianapolis. The Justice Department says a grand jury has indicted Fujie Wang and another Chinese man identified only as John Doe for hacking into the computers of health insurer Anthem Inc. and three other, unnamed companies, in an indictment unsealed Thursday, May 9, 2019, in Indianapolis. (AP Photo/Michael Conroy, File)
May 09, 2019 - 9:41 pm
INDIANAPOLIS (AP) — A federal grand jury has indicted two members of "extremely sophisticated" hacking group operating from China in the 2014-2015 theft of the personal information of nearly 79 million customers of insurer Anthem Inc., the biggest known health care hack in U.S. history. The Justice...
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President Donald Trump speaks during a event on medical billing, in the Roosevelt Room of the White House, Thursday, May 9, 2019, in Washington. (AP Photo/Evan Vucci)
May 09, 2019 - 3:13 pm
WASHINGTON (AP) — President Donald Trump on Thursday called for an end to "surprise medical bills," the astonishingly high charges insured patients can face when a member of a medical team that treats them is not in their insurer's network. "Not a pleasant surprise," Trump said of bills that arrive...
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