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Most Are Overcharged for Property Insurance, Vanderbilt Study Says
A new analysis suggests Americans are being overcharged by $150 billion annually to insure their homes, autos and businesses — and it proposes federal guardrails so that a public beset by affordability pressures could see savings. The analysis by the …
POSTED MAY 04, 2026 1:42 PM |
United Jet Hits Truck and Light Pole on Turnpike in Landing at Newark Airport
A United Airlines aircraft on Sunday struck a light pole and a trailer during its final approach to Newark Liberty International Airport, the New Jersey State Police said. The underside and tire of United Airlines Flight 169 struck a light …
POSTED MAY 04, 2026 11:44 AM |
Hedge Fund Fermat Invests in First-of-a-Kind Catastrophe Bonds
Fermat Capital Management has invested in the Asian Development Bank’s first-ever catastrophe bonds, designed to shield Kyrgyzstan and Tajikistan against specific types of natural disasters. The two sovereign bonds — each $80 million in size and with a three-year tenor …
POSTED MAY 04, 2026 11:31 AM |
FEMA Tells Court It’s Offering Jobs Back to Employees Let Go in January
An attorney representing the Trump administration informed a U.S. District Court Friday evening that the Federal Emergency Management Agency has begun offering new appointments to disaster workers whose contracts the agency did not renew in January, reversing a controversial decision …
POSTED MAY 04, 2026 11:31 AM |
US Says it Has Missile Destroyers in Gulf and 2 American Ships Have Crossed Hormuz
The U.S. military said two U.S. Navy guided-missile destroyers had entered the Gulf to break an Iranian blockade and that two U.S. ships had transited the Strait of Hormuz, after Iran said it had prevented a U.S. warship entering the …
POSTED MAY 04, 2026 11:15 AM |
DEI Programs Are Dwindling But the Trump Administration Isn’t Done
After a remarkably successful effort to extinguish diversity, equity and inclusion programs at US employers, federal officials are stepping up their push against corporate America’s remaining DEI initiatives. Last week it was a review of Walt Disney Co. television station …
POSTED MAY 04, 2026 10:49 AM |
Hantavirus Outbreak on Cruise Ship Leaves 3 Dead, WHO Says
Three people have died and one is in intensive care in South Africa after a cluster of hantavirus infections linked to a cruise ship in the Atlantic Ocean, the World Health Organization said Sunday. One case has been confirmed by …
POSTED MAY 04, 2026 10:33 AM |
China’s Unprecedented Defiance of US Sanctions Triggers Showdown
China has ordered its companies to ignore US sanctions, an unprecedented act of defiance that threatens to trap a vast banking sector in the crossfire as tension rises between the world’s largest economies. Beijing has often railed against unilateral sanctions …
POSTED MAY 04, 2026 9:50 AM |
Baltic Exchange Denies Mercuria’s Allegations Over Hormuz Freight Losses
The Baltic Exchange, the world’s top provider of benchmark shipping indices, has denied allegations from Mercuria that some of its oil tanker pricing data caused losses at the commodity trader. In a court filing dated April 30, Switzerland-based Mercuria said …
POSTED MAY 04, 2026 9:13 AM |
Plane Crashes in Texas Hill Country, Killing 5 Pickleball Players
Five members of a pickleball club who died after the small plane carrying them crashed in Texas are being mourned by a tight-knit community of fellow players. The Texas Department of Public Safety confirmed Saturday that Justin Appling, Hayden Dillard, …
POSTED MAY 04, 2026 7:00 AM |
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