US Decides Against Renewing USMCA, Shifting to Rolling Talks
The U.S. won’t renew its trade deal with Canada and Mexico, choosing instead to conduct annual reviews of the pact in a decision that risks adding uncertainty for companies…
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Ex-Michigan Police Lieutenant Pleads Guilty to Falsifying Salvage Vehicle Inspections
A former Lincoln Township, Michigan Police Department Detective Lieutenant has pled no contest to falsifying salvage vehicle inspections, announced Michigan Attorney General Dana Nessel. Johnathan Chase, 54, of Stevensville,…
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Can Supply and Demand Predict the Stock Market?
Working in England in the 14th century was difficult to say the least. Between the harsh conditions and low wages, you also had to fight against the occasional disease…
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How Much is One Million Dollars Worth?
A reader asks: Came across the Capgemini 2026 Wealth Report (as of 2025) and was really surprised by the number of millionaires (25,300,000) mentioned with $1 million in investable…
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MGA Premiums Hit $108.7 Billion in 2025 as Capacity Scrutiny Tightens
Managing general agents posted a fifth straight year of double-digit premium growth in 2025, but AM Best warns of new headwinds for the segment. Managing general agents and other…
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Flood Re to Cut Insurance Payouts to Richest UK Households
The U.K.’s flood insurer of last resort is unfairly favoring wealthier households and will be reformed to reduce the burden of multimillion-pound payouts, the government said Wednesday. As part…
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The Race to Rescue 8,000 Sailors Still Stranded Behind Hormuz
At anchor in the Persian Gulf, Abhijit Chopra found out about the US-Iran peace deal when his phone lit up with messages from family and friends. The captain of…
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Why Poorer Students Earn Less (Even With the Same Degree)
I recently saw this video where Anna Stansbury, an assistant professor at MIT, explains that people who grew up in poverty end up earning less than their more affluent…
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Leverage in the Stock Market
Charlie Munger once said there are 3 ways for a smart person to go broke: liquor, ladies and leverage. It would seem many investors are taking the leverage theory…
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U.S. Property Claim Volume Falls as Severity Poised to Climb, Verisk Q1 2026 Report Shows
Claim assignments dropped nearly 9% year-over-year in Q1, but maturing severity figures could push average losses toward record territory, according to Verisk Property and Restoration Solutions. U.S. property claim…
