Latest — page 6
Markets
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Fed Flags Life Insurers’ Leverage as Firms Deepen Private-Credit Exposure, but Insurers Say Risks Are Managed
The Federal Reserve warns life insurers’ leverage is at historically high levels, but executives say their balance sheets and private-credit exposures remain disciplined and capital-efficient.
flood
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Zohran Mamdani’s Housing Plan Will Face New York City’s Flood Risk Reality
New York’s push for 200,000 new affordable homes under Zohran Mamdani’s plan collides with data showing rapidly expanding flood risk now engulfing both coastal and inland neighborhoods.
