Latest in Costs Soaring Climate
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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 - 10h -
Suess Microtec Shares Soar After Forecast-Beating Results
Shares in the German chip-equipment supplier surged after it reported full-year results that exceeded guidance, boosted by AI’s growing momentum.The Wall Street Journal - 15h -
The Cost of Surviving a Wildfire
Evacuating a disaster is often the lifesaving choice, but it comes with short-term costs to address immediate needs and incalculable personal and financial tolls in the future.The New York Times - 5h -
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 - 1d -
Webcam captures Kilauea's lava fountains soaring 200ft (60m) high
This is the fourth episode since eruption began December 2024.BBC News - 1d -
Morgan Stanley earnings jump on soaring trading and dealmaking revenues
Rival Goldman Sachs similarly reported robust performance in markets and investment banking unitsFinancial Times - 1d -
Climate ‘whiplash’ events increasing exponentially around world
Global heating means atmosphere can drive both extreme droughts and floods with rapid switches. Climate “whiplash” between extremely wet and dry conditions, which spurred catastrophic fires in Los ...The Guardian - 2d -
Soaring Bond Yields Put U.K. Government’s Economic Plan at Risk
Investors are demanding sharply higher yields on government bonds, threatening to upend the Labour Party’s plans to reinvigorate a stagnant British economy.The New York Times - 3d -
Cutting aeroplane contrails is an easy climate win
Tackling these emissions should be simple, fast and cost-effectiveFinancial Times - 4d -
Asset managers turn to defensive positioning as equity prices soar
Elevated level of stocks and prospect of higher for longer rates have some firms sending up caution flaresFinancial Times - 4d -
Bitcoin soared in 2024. How much — if any — should you own?
Bitcoin prices soared in 2024.NBC News - 6d -
Bitcoin soared in 2024. How much — if any — should you own?
The crypto asset was the top performer in 2024, rising about 125%. But finance pros say bitcoin should generally not account for over 5% of your portfolio.CNBC - 6d -
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 - 6d -
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 - 6d -
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 -
Consumer expectations for higher inflation soar in early January
Americans’ expectations for overall inflation over the next year jumped to 3.3% in January from 2.8% in the prior month, according to the University of Michigan’s gauge of consumer sentiment.MarketWatch - Jan. 10 -
The Costs of the Los Angeles Fires
Damages are now estimated to reach up to $57 billion. The blazes add to a string of climate-related catastrophes hitting businesses and homeowners.The New York Times - Jan. 10 -
Chinese toymaker taps ‘kidult’ craze as shares soar on Hong Kong debut
As birth rates fall in Asia, companies focus on nostalgic toys for young adultsFinancial Times - Jan. 10 -
BlackRock departs climate investment group
Asset management firm BlackRock is leaving a climate-focused investing group, the group confirmed. “We are disappointed to see any investor withdraw, but as a voluntary initiative, we respect any ...The Hill - 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 -
Climate 'whiplash' linked to raging LA fires
Experts say that rising global temperatures are making wild fires more likely in California.BBC News - Jan. 9 -
Flu cases in England’s hospitals soar after season starts early
NHS data shows mounting pressure from ‘quad-demic’ of virusesFinancial Times - Jan. 9 -
The Los Angeles wildfires are climate disasters compounded
Conditions for a January LA firestorm have not existed before now, writes a meteorologist and climate journalist. California wildfires – live Californians: have you been affected by the ...The Guardian - Jan. 9 -
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 -
Flying taxis are on the horizon as aviation soars into a new frontier
When he was still a boy making the long, tedious trips between his school and his woodsy home in the mountains during the 1980s, JoeBen Bevirt began fantasizing about flying cars that could whisk ...ABC 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 -
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 -
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 -
Nvidia stocks soar after GeForce RTX 50 series debuts at CES
Chipmaker Nvidia shares surge after founder Jensen Huang unveils next generation of AI for gamers at CES 2025.CBS News - Jan. 7 -
Your Customers Are Costing You Dearly
The customer is not always right. And some of them are more expensive than they’re worth.Inc. - Jan. 7 -
Red Wings soar past Jets 4-2 for fourth straight win
Dylan Larkin and Lucas Raymond each scored power-play goals to help lead the Detroit Red Wings to a 4-2 victory over the Winnipeg Jets on Saturday night that extended their winning streak to a ...ABC News - Jan. 4 -
Jets soar up to No. 1, plus New Year's resolutions for each team
A major shuffle in the voting gives us a brand-new order in the top five. Plus, here's what each team must focus on as the calendar has flipped.ESPN - Jan. 4 -
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 -
Why Coffee Prices Are Soaring (Again)
Wholesale coffee prices are trading near a 50-year high because of shortages related to extreme weather and increased global demand.The New York Times - Jan. 4 -
Transcript: Climate change is coming for your Bordeaux
Sonja Hutson talks to Will Schmitt and Susannah SavageFinancial Times - Jan. 3 -
Morgan Stanley to exit global climate coalition
Morgan Stanley on Thursday announced its departure from a coalition of banks that aims to target net-zero emissions through lending and investment, the fifth group to do so in recent weeks. “Morgan ...The Hill - Jan. 2 -
Job losses at Europe’s car parts suppliers soar as vehicle market slows
Falling sales growth and excess capacity have led to sector pain that the EV transition is not easingFinancial Times - Jan. 2