LA wildfires thrust insurance startup into spotlight as property owners scramble for protection
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Cash App owner failed to protect customers from fraud, feds say
Cash App-owner Block must offer up to $120 million in refunds to consumers who federal regulators say were exposed to potential fraud.CBS News - 2d -
‘A ton of unknowns’: months ago, LA residents lost wildfire insurance. Then the fires came
After insurers like State Farm dropped policies, to switch to the state’s Fair plan was prohibitively pricey for many. When James Borow realized last Tuesday that his Palisades house was on fire, ...The Guardian - 3d -
Hawaii lawmakers vow to stabilize property insurance market amid higher premiums
Hawaii lawmakers are beginning a new legislative session with a vow to try to stabilize the state’s property insurance marketABC News - 3d -
Wildfires in L.A.: Where Small-Business Owners Can Find Aid, Even If Insurers Are Squeezed
Despite insurers’ retrenchment in California, the onus is still on them to make their claimants whole, an insurance industry watchdog says.Inc. - 3d -
Veterinarian explains how to protect pets amid wildfires
A veterinarian shares some advice how to keep pets safe amid wildfire danger.ABC News - 6d -
Insurance stocks sell off sharply as potential losses tied to LA wildfires increase
Allstate, Chubb and Travelers are the most exposed carriers to insured losses in the wildfires, according to JPMorgan.CNBC - Jan. 10 -
California Wildfires Lay Bare an Insurance Crisis
Even before the latest blazes, California officials warned that an emergency state insurance fund was in trouble, while private insurers dropped coverage.The New York Times - Jan. 10 -
New Orleans attack and Las Vegas Cybertruck explosion put car-rental app Turo in the spotlight
The peer-to-peer service was used to rent vehicles used in the incidents on New Orleans’ storied Bourbon Street and at a Trump Organization–operated hotel in Las Vegas, leading investigators to ...MarketWatch - Jan. 2
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TikTok restoring U.S. service after Trump provided ‘assurance’
TikTok was available to some U.S. users on Sunday after President-elect Donald Trump said that he would sign an executive order to delay a federal ban.CNBC - 1h -
Charting the Biden economy: Despite all the growth and jobs, a deeply unpopular president
To the untrained eye, Joe Biden leaves the presidency with what appears to be a sterling economic record.CNBC - 4h -
Trump vowed to declare a national energy emergency as soon as he takes office — here's how he might do it
Trump has promised to flight inflation by slashing energy costs.CNBC - 50m -
Here are the top 10 U.S. stock analysts, according to TipRanks
TipRanks' analyst ranking service reveals the top 10 U.S. analysts whose ratings were the most successful between October 2023 to September 2024.CNBC - 7h -
Solana surges 12% on launch of Trump-themed meme coin, ether falls
Solana's SOL token rocketed after a meme coin linked to President-elect Donald Trump launched on the popular blockchain network.CNBC - 21h
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TikTok is now back after shutting down. Here’s what comes next under Trump.
The app still likely needs to find a buyer for its It’s been an eventful weekend for U.S. TikTok users, as the app went dark late on Saturday and is now back online as of midday Sunday.MarketWatch - 16m -
The Federal Work Force Grew Briskly Under Biden. It’s Still Historically Low.
Government agencies that shrank in President-elect Trump’s first term have mostly bounced back, and some have become even larger.The New York Times - 20m -
‘I reaped financial rewards’: I’m 51. My wife is 60. I have $4 million in savings. Should I give up my $300K advisory job to spend time with my wife?
“I worked in finance, top-tier private equity, for several years and reaped financial rewards.”MarketWatch - 40m -
TikTok is online again, but your favorite TikTokers have been preparing for an uncertain future
“It’s not easy to go to another platform” and build what you have on TikTok, one creator saysMarketWatch - 46m -
American Airlines Accused of Discrimination by Interracial Couple
In a lawsuit, two newlyweds say they were detained after a passenger and airline employees wrongly suspected the Black husband of trafficking his white wife.The New York Times - 46m