Travelers Expects 17 Billion Insured Loss from the California Wildfires Analysts Still Expect A Profit
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Lloyd’s of London expects $2.3bn losses from California wildfires
Insurance market says fine art losses were limited because rich residents took such possessions with them. Lloyd’s of London expects losses of $2.3bn (£1.78bn) from the California wildfires that ...The Guardian - 3d -
California braces for powerful atmospheric river as study finds storms are getting worse
Authorities are preparing for flooding and debris flows after recent wildfires have stripped vegetation from hillsides. California is bracing for a powerful atmospheric river storm that is expected ...The Guardian - 1d -
These 13 growth stocks are expected to roar back from their declines so far this year
These companies are expected by analysts to increase revenue by at least double the rate of the S&P 500. Their stocks are expected to rise at least 29% over the next 12 months.MarketWatch - 3d -
Record spring break travel expected despite higher costs
AAA says on average domestic air fares are up 7% from last year, while gas is cheaper. CBS News senior transportation correspondent Kris Van Cleave found some last-minute deals.CBS News - 19h -
After Colorado Wildfires, Two Families Saw Different Insurance Outcomes
Two neighboring families lost their houses in a Colorado wildfire. One was reimbursed for the contents of their home within seven weeks, and the other is still fighting.The New York Times - 6d -
Another avocado seller is downplaying tariffs — but is still monitoring this Trump policy
Calavo Growers Inc., a company that distributes avocados from Mexico and California, said Wednesday that it didn’t expect any U.S. tariffs on imports from Mexico to have a “meaningful impact” on ...MarketWatch - 17h -
Inflation rate eased to 2.8% in February, lower than expected
The core consumer price index was expected to increase 0.3% in February and 3.2% from a year ago.CNBC - 1d -
How to protect yourself as fraud losses hit $12.5 billion in 2024
A new FTC report reveals a sharp rise in fraud losses, with 2.6 million consumers reporting scams in 2024. With financial fraud surging, CBS News business analyst Jill Schlesinger shares how to ...CBS News - 20h -
Fantasy Baseball: Which Expected Statcast Stats from last season should we believe for these pitchers in 2025?
Statcast's Expected Stats are a powerful tool for fantasy baseball managers, including helping identify the luckiest and unluckiest pitchers.Yahoo Sports - 2d -
Oracle misses on earnings and issues weak revenue guidance
Oracle missed analysts' expectations for the third quarter.CNBC - 3d -
From busy airports to savings, here's what to know about spring break travel
Airlines and airports say they expect to be busier than ever during spring break, which covers much of March and April. AAA says on average domestic air fares are up 7% from last year, while hotels ...CBS News - 21h -
How rain in California threatened areas ravaged by wildfires
Atmospheric river rains in California threatened mudslides in areas where the wildfires swept through entire communities. CBS News' Carter Evans reports, and meteorologist Zoe Mintz has the latest ...CBS News - 16h -
Recently fired pregnant federal employees cope with loss of insurance
Many pregnant federal workers fired as part of recent DOGE cuts are now faced with complex challenges as they deal with the loss of their income and health insurance.NBC News - 2d -
Pacific Palisades pizzeria owner details recovery efforts from devastating wildfires
It's been just over two months since wildfires burned through Los Angeles, killing more than two dozen people and displacing tens of thousands. California officials say they've finished cleaning up ...CBS News - 3d -
California delegation pushes for Los Angeles County wildfire aid
California's congressional delegation urged Congress to approve federal funding to support recovery efforts after the Los Angeles County wildfires devastated communities across the Southern portion ...The Hill - 5d -
L.A. officials issue evacuation warnings for wildfire-affected areas ahead of heavy rain
The Los Angeles Fire Department issued evacuation warnings on Tuesday for residents living in the areas of the city savaged by recent wildfires ahead of heavy rain and mudslides expected later this ...NBC News - 1d -
Severe weather bringing mudslide threat, forcing evacuations in fire-scarred California
Thousands of people have been ordered to evacuate and officials say millions are at risk as a massive storm slams parts of California already reeling from January's devastating wildfires. CBS News ...CBS News - 22h -
Here’s why Ozempic maker’s new weight-loss drug isn’t good enough for investors
New trial data showed CagriSema led to “superior” weight loss, but at a rate much less than original expectations of 25%.MarketWatch - 3d -
Evacuations ordered in California as mudslide threat ramps up from storm
A flood watch is still in effect for parts of California where heavy rain in burned areas is creating landslide concerns, forcing thousands to evacuate. CBS News correspondent Carter Evans reports ...CBS News - 20h -
In Napa Vineyards, AI Boosts Grape Expectations
Artificial intelligence applications, from smart tractors to precision irrigation, are making their way into viticulture, while generative AI is creating labels and helping sell wine.Inc. - 3d -
Central banks should fear misbehaving inflation expectations
Widening dispersion and greater inflation uncertainty mean expectations are not as anchored as they appearFinancial Times - 2d -
Airline earnings face bumpy ride amid first-quarter ‘parade of horribles’
TD Cowen analysts expect airline stocks to remain volatile.MarketWatch - 1d -
LeBron James injury update: Lakers star expected to miss at least 1-2 weeks with groin strain, per report
James left Saturday's loss in the fourth quarter and did not returnCBS Sports - 4d -
Todd McShay suggests Derek Carr may still move on from the Saints in 2025
Veteran NFL draft analyst Todd McShay suggests Derek Carr may still be moved in 2025. But the salary cap math just doesn't check out.Yahoo Sports - 11h -
Mallinckrodt and Endo plan merger as they look to recover from opioid litigation
The new entity will be listed on the New York Stock Exchange and is expected to generate pro forma revenue of $3.6 billion in 2025 and at least $150 million of annual operating synergies by year ...MarketWatch - 23h -
Just months after wildfires, a powerful storm forces evacuations again in southern California
Southern California is on alert as a powerful storm moves into the region, with parts of Los Angeles County given instructions to evacuate. It comes just two months after wildfires sparked and ...CBS News - 21h -
Ulta issues weak guidance, citing consumer uncertainty, rising competition and company missteps
Ulta Beauty warned that profits and revenue will be worse than Wall Street expected in the year ahead.CNBC - 13h -
Northern lights sightings expected in Scotland over weekend
Met Office says aurora borealis may be visible across north of country and possibly even further south. The northern lights are expected to be visible in Scotland this weekend, the Met Office has ...The Guardian - 5d -
Inflation rises by 2.8% in February, slightly below expectations
The new consumer price index shows inflation cooled in February, coming in at a lower rate than economists expected. CBS News MoneyWatch correspondent Kelly O'Grady has a look at the numbers.CBS News - 1d -
Africa Received Billions in U.S. Aid. Here’s What It Will Lose.
The United States spent decades responding to conflicts and disease in Africa. The continent is now expected to be the hardest hit by the Trump administration’s aid cuts.The New York Times - 4d -
SpaceX rocket carrying NASA's newest space telescope launches from California
The $488 million Spherex mission aims to explain how galaxies formed and evolved over billions of years, and how the universe expanded so fast in its first moments.CBS News - 2d -
U.S. payroll growth totals 151,000 in February, less than expected
Nonfarm payrolls were expected to increase 170,000 in February, according to the Dow Jones consensus forecast.CNBC - 6d -
Wholesale price measure was flat in February, compared with expected increase
The producer price index was expected to rise 0.3% in February, according to the Dow Jones consensus forecast.CNBC - 21h -
Apple and Nvidia led Monday’s $750 billion tech wreck. How to play the aftermath.
Trump’s policy moves are causing angst. But one analyst says the broader AI thesis is still intact, and he names Tesla and Microsoft among big potential winners.MarketWatch - 3d -
Volkswagen expects revenue to grow in 2025, says it feels 'all-American' as tariffs loom
The carmaking giant said it expects to see revenue growth in 2025.CNBC - 3d -
Olivia Culpo announces she's expecting a baby with husband Christian McCaffrey
Olivia Culpo is expecting a baby with Christian McCaffrey, she announced Monday. The model-actor-influencer and the NFL running back got married last summer.Los Angeles Times - 3d -
Pimco books 17% instant profit on Thames Water emergency loan
Bond group records windfall on lifeline for UK utility even before deal is finalisedFinancial Times - 3d -
Wildfires are complicating cancer care: Study
Wildfires and other climate-induced weather extremes are posing an increased threat to cancer patients by shifting their treatment trajectories and access to care, a new study has determined. ...The Hill - 1d -
Roche takes big step in weight-loss field with $5.3 billion deal. Novo Nordisk shares fall.
Swiss drugmaker Roche on Wednesday announced a major deal in the weight-loss category, agreeing to pay up to $5.3 billion to Zealand Pharma in a licensing and development deal.MarketWatch - 1d -
Egg producer Vital Farms’ stock had its worst month ever, but it’s still a buy, analysts say
All eight analysts who cover the stock on FactSet have a buy rating. It’s all about the eggs.MarketWatch - 11h