Futures Flat, Bonds Drop Ahead Of Warsh Jackson Hole Speech

Collateral Damage By Molly Schwartz, Cross-ASset Macro Strategist at Rabobank Negotiations between the US and Iran are going nowhere. In fact, they’re not really even happening at all. Over the weekend, Axios reported that Iran gave the US a proposal to reopen the Strait — not to end the war. The proposal includes extending the ceasefire and an assertion that any conversations about Iran’s nuclear program are off the table until the Strait is open and the US blockade is lifted. The US has not indicated whether it will accept or reject the...

Cigna To Exit Obamacare In 2027 Amid Rising Costs Authored by Mary Prenon via The Epoch Times, The Cigna Group, one of the country’s largest health services and insurance firms, is joining others, including Aetna and UnitedHealthcare, in divesting its individual health exchange business. By the end of 2026, Cigna Group will no longer offer insurance through the Affordable Care Act (ACA), also known as “Obamacare,” the company said during its April 30 earnings call. According to its first-quarter earnings report, as of March 31, the company’s individual exchange business had 369,000 members...

Trump Admin Ends Medicaid Funding For Sex-Change Procedures On Kids Via American Greatness, The Trump administration announced Tuesday that Medicaid and the Children’s Health Insurance Program will no longer pay for sex-change procedures for minors, ending the use of federal taxpayer dollars for treatments officials say carry potentially irreversible health risks without sufficient evidence of clinical benefit. The Centers for Medicare & Medicaid Services said the new rule applies to puberty blockers, cross-sex hormones and sex-change surgeries for children. Mental health treatment for gender dysphoria and other conditions will remain eligible for coverage under...