Higher Catastrophe Losses

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

Higher bond yields could knock bitcoin back down to $90,000

Bitcoin is on pace to record its third straight day of declines as macroeconomic headwinds weigh on the crypto after it hit a record high near $110,000 last month.

MarketWatch - Jan. 10

Gaza death toll may be 41% higher than official figures, study finds

The number of Palestinians killed during Israel's Gaza offensive is higher than local health authorities' figures suggest, researchers in London say.

NBC News - Jan. 10

Photos of Los Angeles show catastrophic scale of devastation as blazes burn uncontrolled

The wildfires in Los Angeles continued to burn mostly out of control, with at least five blazes being fueled by dry conditions and ferocious winds in California.

NBC News - Jan. 10

Oil futures end higher, with Brent turning up for the week

Oil futures gained on Thursday, with global benchmark prices turning higher for the week and buoyed by optimism over the outlook for demand.

MarketWatch - Jan. 9

A Ballerina Prized for Her Musicality Deals With Hearing Loss

Sara Mearns, the New York City Ballet principal, announced her 10-year struggle on Instagram. She tested out her new hearing aids in “The Nutcracker.”

The New York Times - Jan. 9

UK foreign policy chief says Trump is right to urge higher military spending from NATO

Britain's top diplomat says Europe’s security “is on a knife-edge” and President-elect Donald Trump is right to say NATO member nations must increase military spending

ABC News - Jan. 9

Van Dijk bristles at ref's decision in Spurs loss

Liverpool defender Virgil van Dijk has questioned the referee's decision to not hand Tottenham Hotspur's Lucas Bergvall a second yellow card before the 18-year-old scored the winning goal in the ...

ESPN - Jan. 9

First death confirmed from L.A.'s catastrophic Palisades fire

The Palisades blaze has become the city's most destructive in history. Strong winds and conditions are expected to worsen tonight.

NBC News - Jan. 9

Catastrophes cost world $320bn in 2024, reinsurer reports

Losses rise by 30% as climate change takes its toll

Financial Times - Jan. 9

Most Fed officials were worried about higher inflation, but not enough to put rate hikes on the table, minutes of December meeting show

“Almost all” Fed officials judged that the upside risks to inflation had increased, according to minutes of the Fed’s December meeting released Wednesday.

MarketWatch - Jan. 8

Fed’s Waller sees cooler inflation despite higher forecasts

Federal Reserve Governor Christopher Waller doubled down on more rate cuts and cooling inflation following higher price projections from the central bank and growing expectations among investors ...

The Hill - Jan. 8

No. 1 Tennessee trounced by Florida in first loss

In front of 11,011 fans in Gainesville, No. 8 Florida thumped top-ranked Tennessee 73-43 to knock off the last unbeaten team in Division I men's basketball, an authoritative performance that gave ...

ESPN - Jan. 8

Arteta laments 'different' Cup ball in Arsenal loss

Mikel Arteta has suggested Arsenal's failure to adapt to the Carabao Cup ball was a factor in Tuesday's 2-0 semifinal, first leg defeat to Newcastle United.

ESPN - Jan. 8

Holidays and higher egg prices lift Cal-Maine’s results and stock

Results reflected ‘seasonal boost leading up to the Thanksgiving holiday’ as well as higher prices due to bird-flu outbreak

MarketWatch - Jan. 8

US stocks slide as strong data sends Treasury yields higher

Investors bet Fed likely to lower interest rates just once this year after better than expected jobs and services figures

Financial Times - Jan. 7

Dassault Aviation Logs Higher Deliveries of Rafale Fighter Jets

Dassault Aviation delivered more Rafale fighter jets to customers last year than in 2023 as geopolitical tensions remain elevated..

The Wall Street Journal - Jan. 7

Immigration is a higher priority for Americans than it was a year ago, an AP-NORC poll shows

More Americans say immigration should be a top focus for the U.S. government in 2025, as the country heads toward a new Republican administration in which President-elect Donald Trump has promised ...

NBC News - Jan. 7

How Nato will hold European capitals to higher defence spending promises

Also in this newsletter: The countries breaking EU law by ignoring green deadlines

Financial Times - Jan. 7

Nvidia’s stock rallies as AI chip trade reloads for fresh run higher

Nvidia Corp.’s stock continued its rally Monday, embodying the red-hot momentum in the artificial-intelligence chip trade so far this year.

MarketWatch - Jan. 7

Stocks appear ‘rate sensitive once again’ as bond yields press higher

Rising interest rates in the bond market seems to be weighing on stocks, as investors wait for an upcoming U.S. jobs report and for Wall Street banks to kick off corporate earnings season.

MarketWatch - Jan. 6

Uber’s beaten-down stock is now riding higher, and these two factors explain why

Uber will buy back stock in an accelerated deal, while Wedbush has added it to its “Best Ideas List.”

MarketWatch - Jan. 6

Maiocco's Observations: Disastrous season ends with loss to Cardinals

The San Francisco 49ers ended a disastrous 2024 NFL season on Sunday with plenty more things going horribly wrong against the Arizona Cardinals.

Yahoo Sports - Jan. 6

Millions to See Higher Social Security Payments from Biden Bill

This bill will affect 3 million people’s Social Security benefits.

Inc. - Jan. 5

Edwards nets career-high 53 in loss to Pistons

The Pistons overcame Anthony Edwards' career-high 53 points to beat the Timberwolves on Saturday night.

ESPN - Jan. 5

How to maximize your 401(k) plan in 2025 with higher limits, bigger catch-up contributions

If you're eager to save more for retirement, you could be overlooking ways to maximize your 401(k) plan, including key changes for 2025. Here's what to know.

CNBC - Jan. 5

Brea, Kentucky hand Florida first loss of season

Koby Brea scored 23 points and hit seven 3-pointers off the bench to lead No. 10 Kentucky over No. 6 Florida, handing the Gators their first loss of the season.

ESPN - Jan. 4

Saracens rebound from heavy loss to beat Bristol

Saracens respond to a thumping Premiership defeat by Bath to hold off Bristol and end the Bears' record run of wins away from home.

BBC News - Jan. 4

US homebuilder shares slide on fears of higher rates and Trump tariffs

Threat of rising costs brings post-pandemic rally to a halt

Financial Times - Jan. 4

Stocks will struggle under Trump if this rate keeps going higher

U.S. debt concerns and higher Treasury yields may be stumbling blocks for stocks in 2025.

MarketWatch - Jan. 4

College Football Playoff: Sugar Bowl still draws higher TV audience than New Year's Eve Fiesta Bowl despite postponement

The game was pushed to Thursday afternoon after the terror attack on Bourbon Street.

Yahoo Sports - Jan. 4

Treasury yields end higher after ISM’s stronger-than-expected manufacturing data

Yields on U.S. government debt finished slightly higher on Friday after a manufacturing-related reading showed signs of improvement for the struggling sector.

MarketWatch - Jan. 3

Smart stands by 'aggressive' playcalls in CFP loss

Georgia coach Kirby Smart says he doesn't regret aggressive offensive playcalls that backfired during the Bulldogs' College Football Playoff quarterfinal loss to Notre Dame in the Sugar Bowl.

ESPN - Jan. 3

Oil prices end higher to kick off 2025, boosted by a stronger demand outlook

Oil futures began 2025 on a positive note, boosted by expectations for stronger demand.

MarketWatch - Jan. 2

Carville on Harris loss: ‘It is and it always will be the economy, stupid’

Democratic strategist James Carville, who coined the phrase “It’s the economy, stupid,” admitted his predictions for the 2024 race were wrong and that Democrats lost because of the economy. ...

The Hill - Jan. 2

5 New Year’s resolutions for higher education

Just over half of Americans believe higher education has a positive effect on the country, and majorities of both parties think higher education is unaffordable and headed in the wrong direction.