Economic & Analysis News

HONG KONG--(BUSINESS WIRE)--Proposed changes in how the Hong Kong Insurance Authority (HKIA) evaluates non-life insurers’ required capital levels around natural catastrophes and man-made risks, as well as offshore reinsurance business, could bolster this geographic market’s position as a global reinsurance and risk management hub, according to a new AM Best report. The proposed refinements are stipulated in a recently released HKIA consultation paper, following the adoption of the Hong Kong Ris...

MADISON, Wis.--(BUSINESS WIRE)--Equal Pay Day marks the point in the year when women’s earnings catch up to what men earned the year before. While the date is symbolic, Summit Credit Union notes that its implications extend far beyond annual pay comparisons. Summit Credit Union CEO Kim Sponem highlights how pay disparities impact women’s retirement security, urging employers to adopt equitable compensation practices. Equal Pay Day Is About More Than Today’s Paycheck Most people assume that pove...

ATLANTA--(BUSINESS WIRE)--Operation HOPE, a national nonprofit dedicated to helping low-and moderate-income Americans thrive in an ever-changing economy, announced today the upcoming release of its Founder, Chairman and CEO John Hope Bryant’s latest book, Capitalism For All: Inclusive Economics and the Future-Proofing of America. The book will be published by Wiley on March 31, 2026. Following the book release, Operation HOPE will launch a national town hall series, the “Capitalism for All Tour...

SAN FRANCISCO--(BUSINESS WIRE)--Lenders shrugged off macro-economic headwinds and increased their new credit accounts to top-tier consumers, according to the latest edition of CreditGauge™ from VantageScore. Through the end of February 2026, the average VantageScore 4.0 credit score increased by one point to 701, driven by improved balance-to-loan ratios. “Top-tier consumers increased their new credit accounts as lenders boosted lending to more affluent borrowers,” said Susan Fahy, EVP and Chie...

BOZEMAN, Mont.--(BUSINESS WIRE)--FICO (NYSE: FICO), global analytics software leader, today released its Spring ’26 edition of the FICO® Score Credit Insights report, showing the average U.S. FICO Score declined to 714, continuing a gradual downward trend since 2023, even though a record 48.1% of consumers now have FICO® Scores of 750 or higher. The findings point to an increasingly segmented credit market consistent with a K-shaped economy, with a growing share of consumers maintaining strong...

LONDON--(BUSINESS WIRE)--AM Best has maintained its stable outlook on the United Kingdom non-life insurance segment, reflecting its opinion that the headwinds and tailwinds affecting the segment's operating environment remain broadly balanced. In its new Best’s Market Segment Report, “Market Segment Outlook: United Kingdom Non-Life Insurance,” AM Best states that the trends of minimal economic growth and increasing rates of unemployment persisting into 2026 mean that insurers are likely to face...

BOSTON--(BUSINESS WIRE)--Access Advance announces that Sharp Corporation, CB Cline, SK Planet, and Telechips, Inc have joined their Video Distribution Patent Pool (VDP Pool)....

SEATTLE--(BUSINESS WIRE)--Roughly three in five (59%) U.S. residents believe advances in artificial intelligence will eliminate jobs and make it harder for people to afford homes, according to a new survey fielded by Ipsos and commissioned by Redfin, the real estate brokerage powered by Rocket. Half as many people (30%) believe the opposite, that advances in AI will help boost the U.S. economy and help more people afford homes. AI has dominated headlines as rapid advances stoke fears that it co...

LOS ANGELES--(BUSINESS WIRE)--50LH's LA pilot shows when innovative products, appliances & fixtures simplify & help people enjoy everyday life, we can save time, money and water....

WINDSOR, Conn.--(BUSINESS WIRE)--SS&C GlobeOp Forward Redemption Indicator: March notifications 1.90%...