Many Americans think they’re insulated from climate change. Their finances indicate otherwise

Key Points

Just 55% of Americans believe global warming will “hurt them a moderate amount,” according to a new study by Stanford University and Resources for the Future.
Climate change is already having a financial impact on most Americans, economists said.
Higher insurance rates for homeowners, inflation for groceries, and lost earnings due to heat are a few examples of broad economic impacts.

Source

Finance

Why millions of Americans would lose health insurance under House GOP megabill

June 6, 2025

Key Points Federal funding cuts in the House of Representatives’ One Big Beautiful Bill Act may prompt millions of Americans to lose insurance under Medicaid and the Affordable Care Act. With the Senate now poised to consider the legislation, here’s who experts say could be most vulnerable to getting dropped from health care coverage. Source

Finance

Long-awaited Trump-Xi call isn’t enough to resolve looming critical mineral shortage this summer

June 6, 2025

Key Points A high-stakes U.S.-China call has yet to resolve a rare earth metals shortage. Businesses say the shortage could halt production of cars and other industrial parts this summer. Only some Chinese suppliers of U.S. companies have received six-month export licenses. Source

Finance

Stocks making the biggest moves midday: Brown-Forman, Five Below, Ciena, PVH, Planet Labs and more

June 5, 2025

Check out the companies making the biggest moves midday: MongoDB — The document storage and retrieval provider surged 16% after first-quarter earnings of $1 per share, excluding one-time items, topped an LSEG estimate of 66 cents per share. Revenue of $549 million topped the consensus estimate of $528 million. Tesla — The electric vehicle maker […]