LA Crips leader who feds say posed as anti-gang activist arrested
The U.S. Attorney’s Office has announced several federal charges against a Los Angeles Crips gang leader, including racketeering.
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Federal Reserve holds interest rates steady, but trims growth outlook
Fed Chair Jerome Powell cites “high uncertainty” around the impact of Trump administration tariffs on key trading partners.
How other nations are reacting to Trump’s sweeping new tariffs
America’s global trading partners are bristling at President Trump’s tariff tactics, but many also stress a desire to strike new deals with the U.S.
Reinsurance market to plateau at a high level through future renewals: Sven Althoff
Hannover Re, one of Europe’s big four reinsurance companies, expects the renewal rounds for the rest of 2025 to be similar to the experience at January 1st with the market poised to plateau at a high level, according to Sven Althoff, Member of the Executive Board for property and casualty (P&C). Executives at Hannover Re…
Liberty Mutual Insurance elects Sweeney as Chairman, Long to retire
The Board of Directors of Liberty Mutual Insurance has elected Timothy M. Sweeney as the Chairman of Liberty Mutual Holding Company Inc., effective April 9th, 2025. Sweeney, currently the company’s President and Chief Executive Officer, will succeed David H. Long, who retires as Chairman and Director. Long has spent four decades at Liberty Mutual, becoming…
Latest clues in the search for U.S. student who vanished in Punta Cana
Here are the latest updates on what’s known about Sudiksha Konanki, a University of Pittsburgh student who went missing in Punta Cana, Dominican Republic.
HP Re appoints Matt Walters as Chief Operating Officer
HP Reinsurance SPC Ltd. (HP Re), a Cayman Islands based reinsurer established by North Carolina investment adviser Hale Partnership Capital Management, has announced the appointment of Matt Walters as Chief Operating Officer, effective April 2, 2025. Walters joins HP Re after a career at major investment banks, most recently serving as Group Head of Syndicated…
Howden names Brigitte Trafford as Group Chief Corporate Affairs Officer
Global insurance and reinsurance broker Howden has appointed Brigitte Trafford to the newly created role of Group Chief Corporate Affairs Officer, effective immediately. In the role, Trafford will report directly to David Howden, the Chief Executive Officer, and join the Global Leadership Team. She will lead the broker’s brand and marketing, communications, PR, public affairs,…
From busy airports to savings, here’s what to know about spring break travel
Airlines and airports say they expect to be busier than ever during spring break, which covers much of March and April. AAA says on average domestic air fares are up 7% from last year, while hotels will also cost more. CBS News senior transportation correspondent Kris Van Cleave has more.
Bitcoin: Currency, store of value or pure speculation?
Can bitcoin serve as a global currency, store of value, or does it remain purely speculative? We analyse key monetary properties, investment risks, and institutional adoption.