Latest in US homeowners in disaster prone states face soaring insurance costs
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Here's how climate change is reshaping home insurance costs in California — and the rest of the U.S.
Even for homeowners outside of California, worsening extreme weather means higher insurance rates.CNBC - 2h -
US homeowners in disaster-prone states face soaring insurance costs
Climate crisis is making it harder for insurance companies to operate, with many pausing or withdrawing policies. Homeowners in the United States are facing an enormous financial crunch due to the ...The Guardian - 5h -
Netflix to raise prices in US as new subscribers soar
Squid Game 2 and live sports, including the Jake Paul v Mike Tyson fight, fuelled new memberships.BBC News - 8h -
Error-prone Gauff eliminated at Australian Open
Paula Badosa upset an error-prone Coco Gauff on Tuesday to advance to the Australian Open semifinals.ESPN - 1d -
First the fires, now the fight: Flaws in California insurance plan will test L.A. homeowners
An insurance pool created by officials in California to help residents in wildfire-prone areas could frustrate victims of the L.A. wildfire.NBC News - 2d -
More homeowners are being denied insurance. The L.A. fires can be a turning point.
Government should focus on these 3 questions to help find solutions.MarketWatch - 3d -
The MAGA fight over skilled immigrants could cost us all
Do we really want to live in a country without Nvidia, Tesla or Viggo Mortensen?MarketWatch - 4d -
US consumers ‘resilient’ in face of high prices and interest rates
Credit card data points to ‘robust’ growth at start of 2025 after shoppers spent $1tn during holiday seasonFinancial Times - 4d -
Last orders? Soaring costs and declining demand take toll on Japan’s legendary izakaya
Ramen restaurants also struggling as Japan’s culinary landscape faces economic challenges and changing customer behaviour. In the bowels of a commercial building in Tokyo’s Shinbashi neighbourhood ...The Guardian - 4d -
US Debt Faces Record as Trump and GOP Plan Tax Cuts
The Congressional Budget Office forecasts that annual deficits will top $21 trillion over the next decade.The New York Times - 4d -
From L.A. wildfires to hurricanes, immigrants help rebuild after disasters. Some may face deportation
As the number of extreme weather events exacerbated by climate change increases, there is a growing workforce of laborers, many of them without legal status.NBC News - 5d -
Home insurance costs soaring as climate-related events surge, Treasury Department says
During the period, costs for policies across all categories rose 8.7% faster than the rate of inflation.CNBC - 5d -
Extreme weather like California wildfires has increased homeowners’ insurance costs. Now we know how much extra they’re paying.
A new Treasury Department analysis looks at how climate-related disasters affected 246 million insurance policies.MarketWatch - 5d -
US woman to face shop owner murder plot charge
Aimee Betro, from Wisconsin, is due in court over matters dating back to 2019, prosecutors say.BBC News - 5d -
Our Insurance System Subsidizes Moves to Disaster Zones
Our policies encourage Americans to flock to areas particularly prone to climate-related disasters.The New York Times - 6d -
Watch Live: Marco Rubio faces senators at confirmation hearing for secretary of state
Sen. Marco Rubio, President-elect Donald Trump's pick for secretary of state, is facing questions from his Senate colleagues on Wednesday morning.CBS News - Jan. 15 -
Here's where insurance firms see the most risk for disasters
In the months preceding the outbreak of the infernos now raging through Los Angeles County, home insurance carriers began withdrawing new coverage in response to the rising threat from wildfires, ...NBC News - Jan. 14 -
California’s Insurance System Faces Crucial Test as Wildfire Losses Mount
The California FAIR Plan, the state’s insurer of last resort, had just $377 million available last week to pay claims that could reach billions, officials said.The New York Times - Jan. 14 -
Small Businesses and Homeowners in My Hometown Are Grappling With California’s Broken Insurance Market
One business owner in Altadena, where I once lived, would love to rebuild. But all of her customers lost their homes.Inc. - Jan. 13 -
California fires could be costliest disaster in US history, says governor
Gavin Newsom accuses Donald Trump of spreading disinformation after president-elect calls emergency response ‘incompetent’Financial Times - Jan. 13 -
MAP: Emergency room visits for respiratory illnesses are soaring in these states
A number of states are seeing a spike in hospital visits caused by respiratory illnesses as we enter the New Year.The Hill - Jan. 11 -
Walgreens shares soar 27% on big earnings beat, as drugstore chain cuts costs
Walgreens maintained its fiscal 2025 adjusted earnings guidance, but did not include a sales outlook in its release.CNBC - Jan. 10 -
How much does it cost to insure 1-ounce gold bars in 2025?
Planning to add 1-ounce gold bars to your portfolio? here's what you could pay to insure them this year.CBS News - Jan. 10 -
California homeowners battle an 'insurance crisis' as wildfires burn out of control
The wind-driven wildfires burning out of control in the Los Angeles area couldn't have emerged at a more perilous moment for California's homeowners, as officials try to rehab what they concede is ...NBC News - Jan. 10 -
Constellation’s stock soared on AI hopes. Now the energy company is using those gains to buy Calpine in $16 billion deal.
Constellation Energy Corp., an electricity provider whose stock has doubled over the last year on hopes it will help meet the voracious energy demand created by artificial-intelligence ...MarketWatch - Jan. 10 -
US job market soars past expectations in last report before Trump retakes White House
Economy adds 256,000 jobs in December, with Biden boasting of 16.6m jobs created during presidency. The US labor market expanded strongly in the last jobs report of the Biden administration , ...The Guardian - Jan. 10 -
TikTok, Facing a US Ban, Is Also Waging Legal Battles Around the World
TikTok is challenging a possible ban or forced sale to new owners in the United States, but has for several years been waging other fights in at least 20 countries.The New York Times - Jan. 10 -
L.A. wildfires to cost insurers more than $20 billion. Three companies are likely to foot most of the bill.
Allstate, Chubb and Travelers are likely to be the publicly traded insurance carriers most affected, as they are the most exposed to the California homeowners’ market.MarketWatch - Jan. 10 -
Thousands of L.A. homeowners do not have insurance amid fires
Thousands of Los Angeles homeowners do not have home insurance. Several private insurers in California have either raised prices or completely removed their coverage in at-risk areas. Business ...CBS News - Jan. 9 -
Before the Palisades Fire, many of those homeowners had lost insurance
About 1,600 policies for Pacific Palisades homeowners were dropped by State Farm in July, the state insurance office says.CBS News - Jan. 9 -
UK government seeks to soothe bond market nerves after borrowing costs soar
Treasury vows to stick to its fiscal rules and says gilt markets functioning ‘in an orderly way’Financial Times - Jan. 9 -
Albertsons leans on technology and cost cuts to go it alone — but faces this near-term hurdle
With no Kroger merger to rely on, grocery chain Albertsons said it would lean into an array of initiatives to drive growth.MarketWatch - Jan. 8 -
Heads say they face tough choices on school spending as costs rise
A new report says schools in England may have to make cuts to meet pupils' needs and cover pay rises.BBC News - Jan. 8 -
Navy faces steep shipbuilding costs
Welcome to The Hill's Defense & NatSec newsletter {beacon} Defense &National Security Defense &National Security The Big Story Navy's plan to build more ships faces steep costs The Congressional ...The Hill - Jan. 7 -
Faisal Islam: Soaring UK borrowing costs are a problem for Rachel Reeves
The Chancellor may face the prospect of breaking her own Budget rulesBBC News - Jan. 7 -
Will ‘pet tech’ products appeal as cost of animal ownership soars?
Accessories include doggy sunglasses and feline ‘Fitbits’ — but there’s a contradiction at the heart of the petcare boomFinancial Times - Jan. 4 -
5 ways seniors can lower their long-term care insurance costs in 2025
With these strategies, you can save on long-term care insurance costs while maintaining the coverage you need.CBS News - Jan. 3 -
Mike Johnson secures US House speakership after facing internal dissent
Three Republicans voted for someone else, but two later changed their votes while all Democrats backed Jeffries. After initially facing internal dissent, the Trump-endorsed Republican Mike ...The Guardian - Jan. 3 -
Did a Targeting Non-Call Cost Arizona State the Peach Bowl?
Targeting has been college football’s most controversial rule since it was implemented in 2008.The New York Times - Jan. 2