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Trump tariffs-led spike in energy prices is temporary, oil prices could ‘plummet’ as global growth slows
Oil prices are likely to fall in the longer run after the initial jump following Donald Trump's implementation of hefty tariffs, said industry watchers.CNBC - 13h -
Wealth divide will steepen as climate change spikes insurance costs, report finds
Climbing temperatures are sharpening economic divides in American communities, a new report has found. Rising insurance rates are increasingly making broad swaths of the country's biggest cities ...The Hill - 13h -
Rat populations spike in cities due to warming temperatures, study says
Large rat populations can have a damaging effect on cities. Researchers found that living with rats " impacts people and their psyche."CBS News - 2d -
With The Salary Cap Spiking, The Penguins Have A Huge - And Unique - Opportunity
Pittsburgh will be in a unique position to accelerate their retool this summer - and they need to take advantage if they canYahoo Sports - 2d -
Pause on U.S. Funding Spreads Fear of H.I.V. Spike Across Africa
Patients and health care advocates said the abrupt decision to halt U.S. funding for a lifesaving H.I.V. program led to widespread confusion. The backtracking didn’t help.The New York Times - 4d -
Why the home insurance model is broken
Wildfires ripped through Southern California this month leaving more than 16,000 structures destroyed and insurers facing $40 billion in payouts.CNBC - Jan. 27 -
Climate catastrophes call for state intervention on insurance
More public-private partnerships are the only viable model for a decent societyFinancial Times - Jan. 27 -
UK insurers set for record £70bn of pension transactions
Pension consultants WTW says improved funding positions have made bulk annuity deals more attractiveFinancial Times - Jan. 27 -
California Senate Insurance Committee still without leader amid corruption probe, insurance crisis
As California faces the largest insurance crisis in the state's history, there is still no leader of the state Senate Insurance Committee. Half committee members are new to the committee, the ...CBS News - Jan. 24 -
LA Times owner on spiking Harris endorsement: 'I knew I'd get pushback'
The billionaire owner of the Los Angeles Times in a new interview defended a decision not to endorse a presidential candidate in last year's election between President Trump and former Vice ...The Hill - Jan. 24 -
‘Cancel culture’ insurance offers respite to panicking celebrities
Policy includes 24/7 hotline and 60-day plan to manage negative media coverageFinancial Times - Jan. 24 -
Beijing tells insurers to buy more Chinese stocks
Equities rally as authorities set explicit investment targets for mutual funds and state-owned insurance companiesFinancial Times - Jan. 23 -
Family offices are paying executive assistants up to $190,000 a year as demand for talent spikes
The talent war between family offices and Wall Street has driven up salaries not only for top investment roles but also for administrative staff.CNBC - Jan. 22 -
Will Zalatoris a late withdrawal from Farmers Insurance Open
The field for the Farmers Insurance Open took another hit Wednesday when Will Zalatoris withdrew.Yahoo Sports - Jan. 22 -
What's covered under home insurance and what's not
Home insurance can help protect your home from disaster damage, but policy details may vary.CBS News - Jan. 22 -
Flow Specialty launches the 1st AI insurance broker
Flow Specialty, a specialty commercial brokerage, is announcing the industry’s first AI insurance broker. The brokerage’s platformless AI model has passed RPLU certification exams for the Cyber, ...VentureBeat - Jan. 22 -
How to insure physical gold
Insuring your gold can help protect this critical investment. Here's how to do it.CBS News - Jan. 22 -
West Africa's junta-led nations announce deployment of a joint force as extremist violence spikes
Niger’s defense minister says the junta-led West African countries of Niger, Burkina Faso and Mali have created a joint force that will soon be deployed in the restive Sahel region to face rising ...ABC News - Jan. 22 -
Insurers Were Right About California’s Wildfires
Regulators in California made it difficult for insurers to raise rates despite increasing risks. So the insurers stopped writing policies, which is logical. But they’ll get blamed and shamed anyway.Inc. - Jan. 21 -
Trump trade battles could spike food prices, help China: former Mexico trade chief
Trade battles being threatened by President Trump would spike food prices, help China and risk key U.S. economic relationships, Mexico's former trade chief said Monday “I say bring it on," Kenneth ...The Hill - Jan. 21 -
Comprehensive vs. collision auto insurance: What's the difference?
These coverages can protect your vehicle, but they're not always required — or necessary. Here's what to consider.CBS News - Jan. 21 -
Senate GOP spikes House tax plans
Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Senate GOP rejects House conservative tax pitch Senate Republicans are tossing ...The Hill - Jan. 17 -
LA rents spike after wildfires, forcing rental listing sites to act
Sites that host rental listings in the Los Angeles County area are scrambling to address rent gouging amid the destructive, deadly wildfires ravaging the region.ABC News - Jan. 17 -
Parliament bar closed after alleged spiking incident
Police are investigating a report that a woman had her drink spiked in the bar, which is closed pending a safety review.BBC News - Jan. 17 -
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 - Jan. 16 -
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 -
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 -
Major corporations are rushing to issue bonds as Treasury yields spike
Higher bond yields are spooking stocks, but retirees are helping to drive demand for annuities and corporate debt.MarketWatch - Jan. 11 -
Indonesia and Japan promise deeper defense and economic ties as regional tensions spike
Japan and Indonesia have pledged to deepen economic and defense ties during a visit by the Japanese prime minister amid heightened global geopolitical tensionsABC News - Jan. 11 -
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 -
California Wildfires Lay Bare an Insurance Crisis
Even before the latest blazes, California officials warned that an emergency state insurance fund was in trouble, while private insurers dropped coverage.The New York Times - Jan. 10 -
WATCH: Insurance expert on how to prepare for insurance claims amid California fires
ABC News’ Linsey Davis speaks with insurance broker Karl Susman about the difficulty of insuring homes and making fire claims in California as residents begin to survey the damage left by the fire.ABC 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 -
The Los Angeles Fires Will Put California’s New Insurance Rules to the Test
The state’s insurance industry was reformed in late 2024 to promote coverage in disaster-prone areas. Tens of billions in fire damage will stress-test the new regime.Wired - Jan. 9 -
Insurers brace for losses of up to $20bn from California wildfires
JPMorgan analysts double estimates as blazes continue to rageFinancial Times - Jan. 9 -
Vinicius red card is a chance for Real Madrid to calm vitriol, not spike it
Vinicius' sending-off vs. Valencia was a fairly unremarkable moment -- and just his second career red card -- but the manner in which it was covered must be scrutinized.ESPN - Jan. 9 -
Can Americans end our abusive relationship with private health insurance?
What we mainly fear is that “breaking up” with the current private insurance model would be even worseThe Hill - Jan. 8 -
Bank of England to relax rules for banks and insurers
PRA’s Sam Woods says burden can be eased without ‘race to the bottom’ on financial regulationFinancial Times - Jan. 8 -
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 -
Insurers limit coverage of prosthetic limbs, questioning medical need
Only 30% of beneficiaries who lost a limb in 2016 received a prosthesis within three years, a report found.CBS News - Jan. 6