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Auto & Transport Roundup: Market Talk
Find insight on airline employment, Transat, Pirelli and more in the latest Market Talks covering the Auto & Transport sector.The Wall Street Journal - World -
With extreme weather comes extreme insurance premiums for homeowners
Annual wildfires and flooding are keeping major insurance companies from covering homeowners in California and Florida.CBS News - Top stories -
3 times to buy long-term care insurance at 65 (and 3 times not to)
Are you in the market for long-term care insurance at 65? Here are three times to, and not to, buy a policy.CBS News - Top stories -
TikTok to auto-flag AI videos – even if created on other platforms
Industry’s digital watermarking scheme will add to existing safeguards on TikTok’s own tools. TikTok will flag users who upload artificial intelligence-generated content (AIGC) to the video-sharing site from other platforms, the company says, ...The Guardian - World - Tiktok -
China Auto Sales Fell in April Amid EV Price War
China vehicle sales fell, as consumers held back from big-ticket purchases despite an intense electric-vehicle price war in the world’s largest auto market.The Wall Street Journal - World - China -
Unions Struggled in the South for Years. The Economy Gave Auto Workers an Opening.
Employees at Alabama’s Mercedes-Benz plant will vote in the week ahead on whether to unionize. The UAW had a big win last month at Tennessee’s Volkswagen plant.The Wall Street Journal - World -
Former NBA player Glen 'Big Baby' Davis sentenced to 40 months for defrauding league insurance plan
Former Boston Celtics forward Glen “Big Baby” Davis was sentenced to 40 months in a federal prison for his participation in a scheme that New York prosecutors said defrauded an insurance plan for NBA players and their families of more than $5 millionABC News - Sports - NBA -
Nearly half of cancer patients have more than $5,000 in medical debt, even if they have insurance
Health insurance doesn’t necessarily protect patients from medical debt, a new survey from the American Cancer Society's Cancer Action Network found.NBC News - Top stories -
As a Social Security cut looms, should seniors buy long-term care insurance now?
With a cut to Social Security benefits high, seniors may want the protection long-term care insurance policies provide.CBS News - Top stories -
VP Harris Announces $100 Million for Small Auto-Parts Firms as the U.S. Fights for a Competitive EV Edge
Small-business auto suppliers could score a grant of up to $300,000 under one of the new programs just announced.Inc. - Business -
No Interest to Cut Rates…(Yet)
And, Chris Mason speaks to Tory defector Natalie ElphickeBBC News - Top stories -
Are the Bank of England’s external rate-setters pointless?
With charts, data and vibes, we will prove: eh, probably not, but maybe more than they used to beFinancial Times - Business -
Bank of Mexico Leaves Benchmark Rate Unchanged at 11%
After cutting rates at its last meeting, the central bank voted unanimously for a pause as inflation edged higher in April.The Wall Street Journal - World - Mexico -
Why Higher Fed Rates Are Not Totally Off the Table
Fed officials still think their next move will be to cut rates, but they are not entirely ruling out the possibility that they might have to raise them.The New York Times - Business - Federal Reserve