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MetLife Inc. has closed a $10 billion risk transfer agreement that shifts a large block of variable annuity obligations to Talcott Resolution Life Insurance Company, an affiliate of Talcott Financial Group. The transaction, first announced in April 2025, is designed to trim MetLife’s exposure to market-sensitive guarantees while keeping policyholder service responsibilities under MetLife’s control. […]
U.S. officials continue to reconcile conflicting accounts of a Sept. 2, 2025 military operation that destroyed a vessel in the Caribbean Sea and killed 11 suspected drug traffickers. President Donald Trump and Defense Secretary Pete Hegseth initially framed the action as a decisive blow against South American cartels, but later disclosures that two survivors died […]
Australia will activate new rules next week that require social media companies to remove accounts held by users under 16 and to report regularly on their progress, marking one of the most stringent age-assurance frameworks yet introduced by any government. Starting 10 December 2025, Facebook, Instagram, Kick, Reddit, Snapchat, Threads, TikTok, X (formerly Twitter), YouTube […]
Beijing’s annual Central Economic Work Conference, expected in the coming days, will outline priorities for 2026 at a moment when confidence in China’s global standing contrasts sharply with enduring vulnerabilities at home. Economists point to three areas—real estate, consumer demand and deflationary pressure—that continue to weigh on the world’s second-largest economy even as its diplomats […]
The main U.S. equity benchmarks were modestly higher at midday Tuesday, reversing part of the previous session’s losses as investors focused on the Federal Reserve’s upcoming decision on interest-rate policy. Monday’s sharp decline had pushed the major averages to their lowest levels in several weeks. By late morning on Tuesday, buying interest returned across most […]
Republican Matt Van Epps is projected to claim the U.S. House seat for Tennessee’s 7th Congressional District after a closely watched special election held on 2 December 2025. With 86 percent of ballots tallied late Tuesday night, unofficial returns showed Van Epps leading Democrat Aftyn Behn by 52.4 percent to 46.5 percent in a district former President Donald […]
Claude, the rare albino American alligator that drew generations of visitors to the California Academy of Sciences in San Francisco, died on Tuesday at the age of 30, the museum confirmed. The 10-foot, 300-pound reptile had been undergoing veterinary treatment for a suspected infection after keepers noticed a decline in his appetite. An examination by […]
Stocks across the Asia-Pacific region traded mostly higher on Wednesday, supported by a rebound in U.S. technology shares and a sharp upswing in cryptocurrency prices during the previous U.S. session. Japan and South Korea In Japan, the Nikkei 225 climbed 0.76% in morning trading, extending gains from earlier in the week. The broader Topix, however, slipped […]
Minneapolis-based Xcel Energy Inc. has secured a new 20-year operating license for one of its nuclear facilities, a decision handed down by regulators in January 2025 that prolongs the plant’s life well into the mid-2040s. The approval comes as the company continues to strengthen its position as a major electric and natural gas provider across […]
The man accused of opening fire on two West Virginia National Guard members a few blocks from the White House has been formally charged with murder and related offenses, according to court documents unsealed on Tuesday. Prosecutors said Rahmanullah Lakanwal, a 29-year-old Afghan national who had been living in Bellingham, Washington, is facing one count […]
Washington — Agriculture Secretary Brooke Rollins said on Tuesday that the U.S. Department of Agriculture will begin suspending administrative funds to states that have not provided detailed data on the Supplemental Nutrition Assistance Program (SNAP). The announcement came during a Cabinet meeting at the White House and targets 21 states with Democratic majorities, including California, […]
Allstate Corporation remains one of the largest companies in the U.S. personal insurance sector, relying on a broad distribution network that combines its own branded agencies with a nationwide roster of independent outlets. A recently issued research note from Argus Research Group summarizes the company’s current standing and highlights the internal resources Argus will dedicate […]