No matter how far you live from Los Angeles’s devastating fires, you can’t outrun the coming increases in your property insurance premiums.
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MORTGAGE RATES RISE TO HIGHEST IN SIX MONTHS
After falling to 6.2 percent in September, the average national interest rate on a fixed-rate, 30-year mortgage climbed back to 6.93 percent last week, its highest since July, the Federal Home Loan Mortgage Corp. reported.
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U.S. JOBS IN DECEMBER UP, TYPES OF JOBS LOW
Last month, the U.S. economy created an estimated 256,000 nonfarm jobs, the most since March 2024 and far more than the 120,000 to 200,000 that analysts had predicted. Unemployment ticked down from 4.2 percent to 4.1 percent.
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ISRAEL INTENSIFIES STRIKES ACROSS LEBANON, EVEN AS HAMAS CEASEFIRE APPEARS CLOSE
The IDF carried out strikes across Lebanon on Monday on what it identified as Hezbollah targets even as the tenuous ceasefire with the Lebanese group held, and a new truce with Gaza’s Hamas seemed close.
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GAZA DEATH TOLL
The death toll in Gaza reached 46,645 on Tuesday as mediators say a ceasefire between Hamas and Israel is closer than ever.
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TRUMP’S TEAM: THE BILLIONAIRES CLUB
U.S. President-elect Donald Trump may have won the presidency by appealing to middle-class Americans drowning in debt and stagnant wages, but he appears set on turning the White House into an influential country club packed with billionaires and industry titans who stand to benefit “greatly” from winning Trump’s favor.
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CORPORATE BANKRUPTCIES SHOOT TO 14-YEAR HIGH
In 2024, at least 686 U.S. corporations filed bankruptcy, 8 percent more than in 2023 and the most since 2010 during the Great Recession when 828 corporations went bust, S&P Global Intelligence reported.
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TRUMP LIVES BY HIS WORD: WILL ISRAEL ACCEPT CEASEFIRE PROPOSAL
President-elect Donald Trump’s Mideast envoy has reportedly applied new pressure on Israeli Prime Minister Benjamin Netanyahu to accept a ceasefire agreement with Hamas and bring the 15-month-old genocide in Gaza to an end in exchange for the remaining hostages.
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U.S. BLASTS MILITIA IN SUDAN OF COMMITTING GENOCIDE WHILE ARMING ISRAEL’S ETHNIC CLEANSING IN GAZA
The U.S. announced sanctions against members of Sudan’s paramilitary force and accused the notorious group of committing genocide inside the country—all while supporting Israel’s atrocities in Gaza.
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CAN MUSK BECOME KINGMAKER IN GERMANY WITH HIS AfD SUPPORT?
Elon Musk, the world’s richest man, has used his proximity to U.S.President-elect Donald Trump and his social media platform X to criticize Washington and London, and has now turned his attention to Germany, where the “far-right” Alternative für Deutschland (AfD) is surging in polls before the country’s 23 February election.