US Economy

Inflation Reduction Act: Will it Impact Agents’ Client Coverage Choices?

TL/DR - The Inflation Reduction Act, signed into law in 2022, introduced provisions to help Medicare beneficiaries save on health insurance and prescription drug costs, such as a $35 insulin cost cap and prescription drug price negotiations. The negotiation process, set to run from 2023 to 2026, will select drugs for price negotiations each…
North Carolina

Asheville Activists Demand Urgent Climate Action Amid Rising Temperatures

TL/DR - Activists gathered at Pritchard Park in Asheville to advocate for climate action, emphasizing the unusually high temperatures in the area as evidence of climate change. Organized by the state chapter of Third Act NC, a national political advocacy group, the rally called for large U.S. banks to stop funding fossil fuels. The demonstration…
US News

Trump Lands in Milwaukee for GOP National Convention

TL/DR - Former US President Donald Trump has arrived in Wisconsin for the Republican National Convention, just a day after surviving an assassination attempt. The convention is proceeding as planned despite the incident, and Trump stated on social media that he won't let the attempt disrupt his schedule. The conference in Milwaukee is expected to…
US Economy

$208M Grant Awarded to Volvo Trucks

TL/DR - Mack and Volvo Trucks have been awarded over $208 million in federal funding from the Department of Energy through the Domestic Manufacturing Conversion Grant Program, supported by the Inflation Reduction Act. The grant will help to upgrade operations, sustain 7,900 union jobs, and create 295 new jobs in Virginia, Maryland, and…