Latest in Wealth divide will steepen as climate change spikes insurance costs, report finds
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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 - Jan. 17 -
Next boss warns first jobs could be harder to find after tax changes
Job prospects for younger workers are likely to be hit by Budget measures, Lord Wolfson tells the BBC.BBC News - Jan. 17 -
From giant Lego-style bricks to artificial reefs, how the construction industry is using tech to tackle climate change
The building industry is "by far" the largest emitter of greenhouse gases of any sector, according to the U.N.CNBC - Jan. 17 -
Jury finds CNN defamed security consultant in Afghanistan evacuation report
CNN correspondent Alex Marquardt defended his story on Zachary Young, a security consultant who charged $14,000 or more to evacuate people from Afghanistan.Los Angeles Times - Jan. 16 -
Climate change, not mismanagement, is the primary driver of the California wildfires
Wildfires in Los Angeles are being driven by climate change, not political mismanagement, and California's leaders have taken meaningful steps to address the issue, but the sheer scale of the ...The Hill - Jan. 16 -
Zeldin: 'I believe that climate change is real'
Lee Zeldin told Sen. Bernie Sanders, I-Vt., that he believes in climate change and that it is an urgent issue that must be addressed during his Senate confirmation hearing to lead the Environmental ...NBC News - Jan. 16 -
Hirono presses Burgum on climate change and fossil fuels exacerbating global conflicts
Sen. Mazie Hirono, D-Hawaii, questioned Doug Burgum about the use of fossil fuels contributing to climate change and the potential to "exacerbate" conflicts around the world during his confirmation ...NBC News - Jan. 16 -
Year-end bonuses rise — but fewer workers are getting them, report finds
The average end-of-year bonus rose about 2% in 2024, according to an exclusive look at data from Gusto.CNBC - Jan. 16 -
Cancer cases are increasing in women while declining in men, report finds
Cancer cases are shifting from men to women in the U.S., and from older to younger adults, according to a new report from the American Cancer Society.NBC News - Jan. 16 -
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. - Jan. 15 -
Police probe drink spiking report in Parliament bar
A parliamentary researcher reported her drink had been tampered with at 6.30pm on Tuesday 7 January.BBC News - Jan. 15 -
Supreme Court allows Hawaii climate change lawsuits against energy companies
The court fight brought in Hawaii state court is similar to others filed against the nation's largest energy companies by state and local governments in their courts.CBS News - Jan. 13 -
Supreme Court allows Hawaii climate change lawsuit to move forward
The Supreme Court turned away appeals filed by various oil companies seeking to shut down a lawsuit brought in Hawaii aiming to hold them accountable for climate change.NBC News - Jan. 13 -
Spike in UK borrowing costs raises specter of public spending cuts
Former U.K. Finance Minister Vince Cable told CNBC on Friday that the UK was not in an "emergency panic situation," but was stuck in a low-growth trap.CNBC - Jan. 13 -
California congressman: 'Climate change has wreaked havoc on us'
Rep. Dave Min (D-Calif.) pointed to climate change as a significant contributor to the rapid spread of wildfires in California in an interview on NewsNation's "The Hill Sunday." Min, a new member ...The Hill - Jan. 12 -
Barcelona mayor turns tourist numbers into weapon against climate change
In the Spanish city of Barcelona, thousands of protestors took to the streets last year angry at the impact of millions of tourists on the lives of people who live there. But as the city also ...CBS News - Jan. 11 -
Barcelona uses its tourist tax to tackle the effects of climate change
Barcelona is one of the most visited cities in Europe. A small fee charged to visitors is helping the city address climate change.CBS News - Jan. 11 -
Climate change is putting the focus on Greenland, Canada and the Panama Canal
President-elect Trump has talked about taking control of Greenland, Canada and the Panama Canal to capitalize on climate change and secure freshwater and shipping lanes.The Hill - Jan. 11 -
The California Wildfires Are the Latest Disaster Supercharged by Climate Change
Extreme weather events — deadly heat waves, floods, fires and hurricanes — are the consequences of a warming planet, scientists say.The New York Times - Jan. 11 -
New Findings About Consciousness Are Changing How I Think About Patients
After brain injury, some patients are no longer able to respond to the world around them. Is this really the case?The New York Times - Jan. 11 -
Climate change parches Western US, providing fuel for fires
Climate change is making the Western United States drier, which can fuel wildfires like those affecting Los Angeles. With higher temperatures come parched landscapes full of vegetation that can ...The Hill - Jan. 11 -
The utterly plausible case that climate change makes London much colder
For some climate scientists, global warming threatens Britain with a more unexpected scenarioFinancial Times - Jan. 11 -
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 -
10-year Treasury yield spikes to highest level since late 2023 after hotter-than-expected jobs report
U.S. Treasury yields jumped after December's jobs report was stronger than expected.CNBC - 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 -
BlackRock quits climate change group in latest green climbdown
World’s largest money manager had staked out position as sustainable investment leaderFinancial Times - Jan. 9 -
Catastrophes cost world $320bn in 2024, reinsurer reports
Losses rise by 30% as climate change takes its tollFinancial Times - Jan. 9 -
What did Jimmy Carter do to fight climate change?
The wildfires in California are the latest in a string of natural disasters made worse by climate change. Former President Jimmy Carter was one of the first U.S. officials to draw attention to ...CBS News - Jan. 8 -
What is Biden's legacy on climate change?
Officials on Wednesday afternoon briefed President Biden about the massive wildfires in Southern California fueled by climate change. Slashing Mr. Biden's climate regulations is at the top of ...CBS News - Jan. 8 -
Treasury yield curve steepens for all the wrong reasons
Investors continued to sell off the 30-year Treasury bond for a sixth straight session on Wednesday, pushing its yield further into its highest closing level in more than a year.MarketWatch - Jan. 8 -
Private equity reduces patient care while enriching investors, Senate report finds
The Senate investigation of Apollo Global Management's purchase of Lifepoint Healthcare and Leonard Green & Partners' purchase of Prospect Medical Holdings reinforced the findings of past research.NBC News - Jan. 8 -
UK school budgets eroded by spiralling special needs costs, report shows
SEN spending and higher wages leave headteachers facing ‘very tight’ accounts in 2025, says IFSFinancial Times - Jan. 8 -
Traffic has gotten way worse in these US cities, report finds
You're not imagining it. Traffic congestion worsened last year in just about every American city studied by navigation and GPS company TomTom.The Hill - Jan. 7 -
The solicitor general climate change briefs that didn’t bark
This failure exposes the weakness of the Biden administration’s position supporting the climate change plaintiffs.The Hill - Jan. 7 -
What is HMPV? CDC 'monitoring' reports of spiking cases in China
The CDC’s actions come in response to China's government-run media confirming that positivity rates of HMPV hare rising in children under the age of 14, despite respiratory illnesses being down ...The Hill - Jan. 6 -
Climate change is hampering US apple quality and output: Study
Many of the nation's biggest apple-generating regions are confronting challenges in crop growth and development, due to the impacts of a changing climate, a new study has found. While apple ...The Hill - Jan. 6 -
Climate crisis ‘wreaking havoc’ on Earth’s water cycle, report finds
Global heating is supercharging storms, floods and droughts, affecting entire ecosystems and billions of people. The climate crisis is “wreaking havoc” on the planet’s water cycle, with ferocious ...The Guardian - Jan. 6 -
Departing Senate Environment Chair Carper pledges to 'never retire,' keep fighting climate change
Newly former Senate Environment and Public Works Committee Chair Tom Carper (D-Del.) may be departing Congress, but he told The Hill he’ll “never retire” and plans to continue working on ...The Hill - Jan. 5 -
Polish wealth managers warn against tax changes for family foundations
Structure was set up in 2023 to encourage money to stay in the countryFinancial Times - Jan. 5 -
PGA Tour moves toward changes to FedEx Cup finale. Finding a solution everyone likes won't be easy
Commissioner Jay Monahan wasn’t kidding when he told the PGA Tour staff in his year-end message that everything was on the tableABC News - Jan. 4