#rate-hikes

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www.mercurynews.com
3 days ago
California

Newsom's plan to accelerate rate hikes invites insurance companies to set their own prices,' advocacy group contends

Newsom's proposal to speed up approval of rate hikes for property insurance may cost billions for Californians. [ more ]
#california
Kqed
2 weeks ago
California

Newsom Seeks Faster Track for Home Insurance Rate Hikes as Market Shrinks | KQED

California faces challenges with finding new homeowners insurance policies due to wildfires and inflation, leading to efforts by Gov. Newsom to expedite rate hike reviews. [ more ]
www.mercurynews.com
3 weeks ago
California

Newsom's latest insurance move could help Californians avoid cancelled policies but they'll have to pay

Governor Newsom plans to expedite insurance companies' rate hike approvals to address growing costs from wildfires and climate change. [ more ]
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#inflation
Fast Company
2 weeks ago
Business

Will inflation meet the 2% target? The Fed needs more time to figure it out

Higher interest rates may take longer than expected to curb inflation, potentially leading to further rate hikes rather than cuts. [ more ]
www.mercurynews.com
2 months ago
East Bay (California)

San Jose Water customers could see big increases in the next three years

San Jose Water seeks rate hikes due to inflation and costs
Proposed rate increases would impact customers significantly [ more ]
moreinflation
London Business News | Londonlovesbusiness.com
3 weeks ago
Business

Macro trader: Carry back in vogue

The 'Summer of Easing' is progressing uniformly, reducing FX volatility and potentially resuming the carry trade. Policy divergence may not occur as expected. [ more ]
Sacramento Bee
2 months ago
California

Major California property insurer decides to not renew tens of thousands of policies

State Farm to not renew 72,000 policies in California, citing challenges like higher construction costs and catastrophic events. [ more ]
Brooklyn Paper
2 months ago
Brooklyn

Advocates say proposed HEAT Act could reduce Brooklynites' utility bills * Brooklyn Paper

The HEAT Act could save Brooklynites over $100 on monthly utility bills
Current regulations allow utility companies to raise prices for new fossil fuel infrastructure [ more ]
New York Post
4 months ago
NYC real estate

Cantor Fitzgerald CEO Howard Lutnick warns of 'generational shift' in real estate market: '$1 trillion in defaults coming'

A "generational" shift in the real estate market is expected, with a potential default of $700 billion to $1 trillion in loan sales.
Loan sales will become a huge business as commercial buildings face high rates and owners struggle to pay off their mortgages. [ more ]
Chicago Tribune
4 months ago
Chicago

Editorial: Rising utility rates in northern Illinois are no different from tax increases. Lawmakers, follow Pritzker's lead.

Gov. J.B. Pritzker named new chairman and members to the Illinois Commerce Commission to address rising utility rates.
The ICC rejected rate-hike requests from utilities and put them on notice about their ability to profit from fuel-delivery systems. [ more ]
#rate hikes
London Business News | Londonlovesbusiness.com
6 months ago
Artificial intelligence

US stock market unchanged ahead of Thanksgiving

US stock futures relatively unchanged ahead of Thanksgiving week
Real estate sector performs well on expectations of no further rate hikes [ more ]
www.kqed.org
6 months ago
California

Regulators Expected To Vote On PG&E's Proposed Rate Hike | KQED

PG&E proposes burying power lines to prevent wildfires, but rate hikes may be necessary.
Protesters disrupt APEC conference in San Francisco, demanding climate action.
California sees closure of nearly 50 maternity wards, forcing some residents to travel long distances to give birth. [ more ]
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