Federal Government to revise Medicare Advantage Plans ratings

The US federal government is set to revise this year’s quality ratings of private Medicare plans, according Wall Street Journal report. This action could lead to substantial additional bonus payments for insurers in the next year, a welcome development for Medicare insurers grappling with escalating healthcare costs and lower-than-anticipated rates for the coming year. The […]

Cocoa back above $10,000/ton as chocolate industry supply outlook worsens

Cocoa prices rose back above $10,000 per metric ton on Thursday, heading toward all-time highs, as the chocolate industry’s supply crisis worsened after top producer Ivory Coast halted cocoa exports for June and forward sales for next season. That followed reports on Wednesday that Ghana, the world’s second largest producer of the chocolate ingredient, is […]

US, Indo-Pacific partners holding talks in Singapore on clean energy

The U.S.-led Indo-Pacific Economic Framework is holding a ministerial meeting this week in Singapore, including major firms joining a “Clean Economy” investor forum to boost infrastructure and climate investments across the region. It marks the first in-person IPEF ministerial session since the substantial conclusion of negotiations for the IPEF Clean Economy Agreement and the Fair […]

Stocks making the biggest moves premarket: Nvidia, Trump Media, Accenture and more

Check out the companies making headlines before the bell: Accenture — The tech stock jumped 8.6%. While Accenture missed earnings and revenue expectations in its latest quarter, according to FactSet, the information technology company posted more than $900 million in new generative AI bookings. Trump Media & Technology Group — Shares tumbled nearly 12% after the company on Tuesday […]