Latest USA Headlines
All the headlines from our USA Topic Page, ordered by recency.
Dry Winter, Wet Spring Shrink U.S. Wheat Crop, Adding to Global Woes From War
Jun 2 2022 // North Dakota farmer Dwight Grotberg wanted to plant more wheat this spring to capitalize on soaring prices since Russia’s invasion of Ukraine cut grain exports and left the world short of millions of tonnes of wheat...
U.S. Product Recalls Reach 10-Year High in Q1
Jun 1 2022 // Over 900 million units were recalled during the first quarter in the United States in the automotive, consumer products, food and drink, pharmaceutical, and medical device industries according to Sedgwick’s latest...
U.S. P/C Q1 2022 Underwriting Income Up 5%: AM Best
May 31 2022 // AM Best reported Friday that first-quarter net underwriting income for the U.S. property/casualty industry rose 4.6% to $3.3 billion. Explaining the result, AM Best said that a 10.5 percent jump in net earned premiums and...
U.S. Consumer Spending Beats Expectations in April; Inflation Likely Peaked
May 27 2022 // U.S. consumer spending rose more than expected in April, while annual inflation appeared to have peaked, which could help to underpin economic growth in the second quarter amid rising fears of a recession. Consumer...
U.S. Seizes Iranian Oil Cargo From Russian-Operated Ship Near Greece: Sources
May 27 2022 // The United States has confiscated Iranian oil held on a Russian-operated ship near Greece and will send the cargo to the United States aboard another vessel, three sources familiar with the matter said. It was unclear...
People Moves: Great American Promotes Mulvey; Rivera Succeeds Lubrano at Berkley Product Recall; Fusion Names U.S. Team for M&A
May 27 2022 // Great American Promotes Mulvey to Divisional President Great American Insurance Group recently announced the promotion of Michael B. Mulvey to divisional president within its FCIA, the division that underwrites trade...
Study Finds Climate Change Could Hit U.S. Corn Belt Hard
May 26 2022 // Climate change could hit the U.S. Corn Belt especially hard, a study from Emory University finds. Without “major technological advances in agricultural practices,” the U.S. Corn Belt will be unsuitable for...
Twitter Will Pay $150M to Settle With U.S. Over Data Privacy Violations
May 26 2022 // Twitter Inc. has agreed to pay $150 million to settle allegations it misused private information, like phone numbers, to target advertising after telling users the information would be used for security reasons, according...
Mexico Prepared to Sue U.S. Mining Firm Vulcan Over ‘Ecological Catastrophe’: President
May 26 2022 // Mexico will go to local and international courts if there is no agreement with U.S. firm Vulcan Materials over its mining activity in the eastern state of Quintana Roo, President Andres Manuel Lopez Obrador said on...
Can U.S. Gunmakers Be Liable for Mass Shooting?
May 26 2022 // An 18-year-old gunman stormed a Texas elementary school on Tuesday and killed 19 children and two teachers, reigniting a debate in the United States over gun control and the potential legal liability for manufacturers of...
Munich Re Issues Green Bond in U.S. Market, in a First for a European Insurer
May 24 2022 // Following its successful placement of green bonds in 2020 and 2021, Munich Re has successfully placed its first green subordinated bond in a private placement to qualified institutional buyers in the U.S. market. By...
Average Age of US Cars Hits Record 12.2 Years in Fifth Straight Annual Increase
May 23 2022 // Cars on US roads are as old as they’ve ever been, potentially complicating efforts to expand the use of new safety and emissions-reduction technologies. The age of light vehicles domestically is now 12.2 years on...
Mental Telehealth CEO Ousted as U.S. Probes Prescription Practices
May 20 2022 // Cerebral Inc. directors voted to oust the mental telehealth giant’s founder and chief executive officer, Kyle Robertson, on Wednesday, as the booming industry draws scrutiny from federal law enforcement and patient...
U.S. Narrows Scope of Anti-Hacking Law Long Hated by Critics
May 19 2022 // The Department of Justice is changing its policy around a controversial anti-hacking law, addressing longstanding complaints from cybersecurity researchers that the law could criminalize good-faith efforts to improve...
Ford Recalls 39,000 U.S. SUVs After Engine Fire Reports
May 19 2022 // Ford Motor Company said Thursday it was recalling 39,000 SUVs after reports of 16 fires, and has advised owners to park their vehicles outdoors and away from structures until a fix is completed. The recall, which covers...
Architect of Allianz Fraud Made $60 Million as He Lied to Investors, U.S. Says
May 18 2022 // The star portfolio manager at the center of a fraud at the U.S. funds unit of Allianz SE relied on the German insurer’s good name to lure investors and thrived from a lack of oversight as he pocketed $60 million in...
U.S. Traffic Deaths Jump 10.5% in 2021 to Highest Number Since 2005
May 17 2022 // U.S. traffic deaths jumped 10.5% in 2021 to 42,915 – the highest number killed on American roads in a single-year since 2005, U.S. regulators said Tuesday in its preliminary estimate. The yearly increase is the...
U.S. SEC Chair Says Much to Be Done to Protect Crypto Investors
May 17 2022 // Cryptocurrency assets are highly speculative and investors in them need more protections or they could lose trust in the markets, Gary Gensler, chair of the U.S. Securities and Exchange Commission, said on...
U.S. FAA Finds Boeing 787 Certification Documents Incomplete: Sources
May 16 2022 // U.S. air-safety regulators have told Boeing Co. the documentation it submitted to win approval to resume 787 deliveries to airlines after a year is incomplete, two people familiar with the matter said. The U.S. Federal...
Report Forecasts ‘Above-Normal’ U.S. Wildfire Season, Worse in Drought-Plagued West
May 16 2022 // The U.S. has in store an “above-normal” wildfire season if a prediction from fire weather experts holds true — “intense” may be a better word for the expectations in the Western region. Early...
