California bans insurance cancellation, non-renewals in LA areas affected by fires
The state of California announced a one-year moratorium on the cancellation or non-renewal of homeowners insurance policies in zip codes affected by the Los Angeles-area wildfires.
National Debt Tracker: American taxpayers (you) are now on the hook for $36,166,393,613,679.73 as of 1/10/25
The U.S. national debt is climbing at a rapid pace, on track to double over the next three decades amid a rush of spending by President Biden and Congress.
California fires: VP Harris called out over claim about canceled insurance
The insurance industry is pushing back against Vice President Kamala Harris suggesting carriers canceled the policies of some California wildfire victims, calling her claims "false."
How long will California wildfire victims wait for insurance payouts?
Several experts warned that it will be very hard to pinpoint when the victims of the Southern California wildfires will receive their insurance payouts.
How does California rebuild after wildfires? Government 'has to step up,' Mauricio Umansky says
The Agency founder and CEO Mauricio Umansky criticizes state leadership and high homeowner costs, but provides some 'optimism' about rebuilding California in the wake of devastating wildfires.
Consumers are ‘in trouble’ with ‘incredible loads’ of credit card debt, expert warns
A ‘Mornings with Maria’ panel provides their reactions to the December jobs report, detailing the impact it may have on the U.S. economy.
If you are 60 years old, new 401(k) rules could save you money
The 401(k) rules allow you to save more if you are close to retirement. Those rules got even better with the start of 2025 if you are aged 60-63. Here's what you need to know..
Natural disasters are worsening America's housing affordability crisis, expert warns
Romer Debbas managing partner Pierre Debbas says the economic consequences from the California wildfires will continue to be an 'unfortunate story.'
California insurance crisis: List of carriers that have fled or reduced coverage in the state
California has been hit with an exodus of property insurance companies in recent years, and the state's ongoing wildfires threaten to make the problem worse.
Judge halts attempt to retrieve Bitcoin hard drive worth nearly $750 million from landfill
A man's attempt to require a city council to let him search a landfill for his £600m bitcoin fortune was denied after a decade-long battle.
California wildfires could cost insurers $20B, highest in state’s history
An analysis by JPMorgan estimates that the insured losses from the Southern California wildfires could exceed $20 billion and push overall economic losses to $50 billion.
California fires: Insurance companies dropping coverage and fleeing the state due to decades-old law
A California law passed in 1988 and its regulations play a significant role in why insurance companies are fleeing the state, experts say.
California wildfires: What to know when filing an insurance claim
Residents impacted by the California wildfires may get inundated with calls from people offering to handle their claims for them. Here is what to know when filing a claim.
California wildfire backlash: State Farm, other insurers slammed for dropping coverage
The outbreak of deadly wildfires in Southern California has prompted criticism of insurers who have dropped coverage in the state due to regulations that make it hard to price for risk.
Elon Musk says DOGE will 'try' to hit its goal of $2T in cuts, but admits they might fall short
During a livestremed talk with Stagwell Inc. CEO Mark Penn, tech billionaire Elon Musk admits that the newly formed Department of Government Efficiency may not reach its goal.
California wildfires will fuel 'ripple effect of devastation': Insurance expert
CRMBC CEO and insurance industry expert Kaya Stanley explains how there's no state surplus to cover the 'catastrophic' economic losses associated with the Los Angeles wildfires.
Los Angeles area college campuses shut down as wildfires spread
Multiple universities in the Los Angeles area were forced to close their campuses and cancel classes on Wednesday as multiple wildfires raged in the region.
The thing we're going to need most for US' energy future is natural gas, exec says
American Petroleum Institute CEO Mike Sommers on whether the U.S. should pivot away from wind energy and the need for offshore oil.
Failure to pass one big bill for Trump is ‘not an option,’ GOP rep warns
Rep. Jason Smith, R-Mo., joins ‘Varney & Co.’ to break down the latest news from President-elect Trump as he pushes for ‘one big beautiful bill.’
Credit rating agency warns of congressional debt limit stalemate despite GOP majority
Fitch Ratings released a report warning that Congress could struggle to raise or suspend the debt limit while also dealing with annual spending bills and an anticipated tax reform bill.