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Thousands of LA County homeowners face a volatile home insurance market.In recent months, State Farm — California’s largest home insurer — dropped thousands of policyholders.Some have turned to the state’s insurer of last resort.Thousands of California homeowners at risk due to the Los Angeles County fires find themselves exposed in…
The US Surgeon General released a report directly linking alcohol to cancer.A BI analysis found that spending on most kinds of alcohol has declined — especially among young adults.It’s reflective of Gen Z’s shifting habits when it comes to alcohol consumption.By the time the US Surgeon General dropped its report…
Buying a home in America today is no walk in the park.Buyers have higher mortgage rates and larger down payments.Nine charts capture how homebuying has become a larger challenge over the years.Feel like buying a home is tougher than ever? You’re not the only one.Homebuyers are older than ever, make…
By Nupur Anand NEW YORK (Reuters) – JPMorgan Chase (NYSE:), the largest U.S. lender, plans to enter Kenya and Ivory Coast this year and grow its footprint in Africa, CEO Jamie Dimon told Reuters. International markets are a growth area for JPMorgan, which has more than $4.2 trillion in assets…
By Nathan Gomes (Reuters) – Boeing (NYSE:) has been mired in crisis all year. The year began with a mid-air panel blowout on a new 737 MAX jet that exposed safety and quality problems; in March, then CEO Dave Calhoun decided to step down, and now new chief executive Kelly…
By Tom Westbrook SINGAPORE (Reuters) -The dollar bounced, long-dated bond yields were up and Asian stocks rose after the U.S. Federal Reserve announced a 50-basis-point rate cut and flagged that its easing cycle would be measured. The hit a record high overnight and although it closed slightly lower, futures rose…