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Chubb–AIG Combination Doesn’t Guarantee Better Earnings
Some investors are weighing the possibility of a combination between insurers Chubb and American International Group.

By The Financial District
Dec 23, 20252 min read


Insurance Will Spike for the Poor, Who Will Subsidize Tax Cuts for Billionaires
Top health care executive John Driscoll calls the looming expiration of enhanced Affordable Care Act (ACA) subsidies “a tragedy in the making.”

By The Financial District
Dec 23, 20252 min read


Number of U.S. Workers Receiving Bonuses Is Declining
Many employees are thinking about raises and bonuses this time of year, but they may be disappointed.

By The Financial District
Dec 23, 20251 min read


Top 100 U.S. Charities Still See 4.4% Hike in Donations
There’s no denying it has been a difficult period for some of the nation’s top charities.

By The Financial District
Dec 22, 20252 min read


JPMorgan’s Dimon Signals Support for Kevin Warsh as Fed Chief
JPMorgan CEO Jamie Dimon signaled support for former Federal Reserve Governor Kevin Warsh as the next chair of the U.S. central bank.

By The Financial District
Dec 19, 20251 min read


China Executes Banker Over £116-Million Bribery Case
China has executed a former senior banker for accepting £116 million in bribes, marking the latest high-profile case in President Xi Jinping’s anti-corruption campaign.

By The Financial District
Dec 15, 20251 min read


PNB Returns to Bond Market with ₱15.7-B Dual-Tranche ASEAN Sustainability Offering
PNB Returns to Bond Market with ₱15.7-B Dual-Tranche ASEAN Sustainability Offering
Philippine National Bank (PNB) raised ₱15.7 billion through a dual-tranche three-year and five-year ASEAN Sustainability Bond issuance.

By The Financial District
Dec 14, 20251 min read


American Bitcoin Sinks 50% in Minutes as Crypto Sell-Off Deepens
American Bitcoin’s ABTC stock lost more than half its market value in just 30 minutes at one point last week.

By The Financial District
Dec 12, 20251 min read


White House to Withhold SNAP Food Aid From Dem-led States
The Trump administration said that it will move to withhold SNAP food aid from recipients in most Democratic-controlled states starting next week unless those states provide information on aid recipients.

By The Financial District
Dec 12, 20251 min read


Michael, Susan Dell to Donate $6.25-B for "Trump Accounts"
Billionaires Michael and Susan Dell have pledged $6.25 billion to provide 25 million American children aged 10 and under an incentive to claim the new investment accounts created as part of President Donald Trump’s tax and spending legislation.

By The Financial District
Dec 12, 20251 min read


BlackRock Bitcoin ETF Sheds $2.7-B in Record Outflows
BlackRock Inc.’s iShares Bitcoin Trust has posted its longest streak of weekly withdrawals since its January 2024 debut.

By The Financial District
Dec 12, 20251 min read


GOP Scuttles Trump Plan to Extend Obamacare Subsidies
President Donald Trump appeared ready to propose a policy framework to address health care costs that included extending subsidies under the Affordable Care Act set to expire at the end of December.

By The Financial District
Nov 28, 20251 min read


White House Okays Fast Debt Relief
The Trump administration has reached a new agreement with the American Federation of Teachers (AFT) that could unlock long-awaited student loan relief for millions of borrowers.

By The Financial District
Nov 28, 20251 min read


PNB and PMFTC Inc. Push Cashless Payments with QR PH-Powered Collection
Philippine National Bank (PSE: PNB) and PMFTC Inc. have officially signed a partnership agreement that will bring cashless payment technology to the frontlines of PMFTC’s sales operations nationwide.

By The Financial District
Nov 21, 20251 min read


Ex-Fed Gov Quit After She Violated Trading Rules
Former Federal Reserve Governor Adriana Kugler, whose abrupt resignation allowed President Donald Trump to install an ally at the US central bank, violated Fed ethics rules and was subject to an internal probe when she stepped down in August.

By The Financial District
Nov 20, 20251 min read


Canada Expands Aid to Manila Despite Governance Scandals
Even as the Philippines continues to address governance lapses, including the lingering “ghost flood control” controversy, Canada has chosen a markedly different posture – partnership, confidence, and long-term engagement.

By The Financial District
Nov 19, 20253 min read


PNB to Float ₱3-B Sustainability Bonds
Philippine National Bank (PNB) is set to offer at least ₱3 billion in peso-denominated, dual-tranche, fixed-rate sustainability bonds with tenors of three and five years, with an option to upsize the issuance.

By The Financial District
Nov 17, 20252 min read


Trump Aides Slam Pulte Over 50-Year Home Mortgage Plan
White House officials are furious with Bill Pulte, the Federal Housing Finance Agency director, who persuaded the president to suggest a 50-year mortgage plan.

By The Financial District
Nov 17, 20252 min read


Putin Okays Citi’s Russia Exit as Bank Reorganizes Worldwide
Russian President Vladimir Putin signed an order permitting Citigroup to sell its Russia-based division to emerging markets investment bank Renaissance Capital.

By The Financial District
Nov 13, 20251 min read


SoFi Rolls Out Crypto Trading for Retail Customers
Fintech bank SoFi rolled out crypto trading to retail customers on Tuesday, setting the pace as the first of several national banks planning similar moves in the coming months.

By The Financial District
Nov 13, 20251 min read


Trump Administration Bans Direct File Option for Taxpayers in 2026
Just after the Internal Revenue Service (IRS) had expanded its free online tax filing program to more taxpayers, the Trump administration appears to have axed the popular Direct File option for the 2026 filing season.

By The Financial District
Nov 11, 20251 min read


Norway’s Mega Wealth Fund Dumps Elon Musk’s $1-Trillion Tesla Pay Package
Norges Bank Investment Management (NBIM) said that it had already cast its vote against Elon Musk’s proposed remuneration package as CEO of Tesla.

By The Financial District
Nov 9, 20251 min read


USDA Threatens Stores Giving Discounts to People on Food Stamps
The Trump administration’s freeze on Supplemental Nutrition Assistance Program (SNAP) funds during the government shutdown is forcing struggling Americans to make hard decisions about feeding themselves and their families.

By The Financial District
Nov 6, 20252 min read


Trump Is the Only President to Defund SNAP in 61 Years: Columbus Dispatch
The nation is preparing for the impact of Supplemental Nutrition Assistance Program (SNAP) payments lapsing on Nov. 1 as the federal government shutdown enters its second month.

By The Financial District
Nov 5, 20251 min read
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