Heartland Newspapers - Insurance and Finance

Household Incomes Down; Survey Shows One in Four Think Themselves Poor

The continuing economic slump is taking a toll on Americans’ psyche, with many persons feeling flat broke, according to a new survey by online lender CashNetUSA.com.

Moody’s Warning Indicates Another US Debt Downgrade Is Coming

Moody’s Investors Service has announced it might follow Standard & Poor’s and downgrade U.S. government debt.

Financial Transaction Tax Bill to Fund Jobs Programs

Billions of dollars to pay for government infrastructure and jobs programs would be taken out of stocks, bonds, and derivatives trades under a bill introduced by Rep.

Fed Announces Limitless QE3; Skeptics Say It's More of What's Failed

By an 11-1 vote, the Federal Reserve Board of Governors signaled deep worry about the economy by pledging an open-ended program to create money and keep interest rates at or near record lows at lea

Republicans Put Gold-Backed Dollar Into Discussion if not Circulation

Not since 1971 has the dollar been tied to gold or other tangible asset. Now Republican Party leaders have put creation of a “gold commission” in the party’s official platform.

United States Drops Two Spots in World Competitiveness Ranking

For the fourth consecutive year, the World Economic Forum has lowered the United States in its annual ranking of the world’s most competitive economies.

Puerto Rico Embraces Pro-Growth, Pro-Wealth Policies

Four years ago Puerto Rico had a worse fiscal crisis than California, Illinois, or any other state.

Expect Few Insurers to Participate in Health Exchanges

From time to time we have chronicled the various failures of the Affordable Care Act (aka ObamaCare), and they are many.

Government Debt to Foreigners Sets New Record

The money the U.S. government owes to foreign entities rose to a record $5.2923 trillion in June, according to data released in mid-August by the U.S. Treasury.

Crop Insurance Making Millionaires—with Taxpayer Money

“Everyone in here is a millionaire” declares “Grandpa” Straub, a farmer from Fairbury, Illinois who serves as the star of a recent edition of National Public Radio’s Planet Money podcast.<
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