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

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

Stocks making the biggest moves midday: Planet Fitness, Whirlpool, Vital Farms, Shake Shack & more
Finance

Stocks making the biggest moves midday: Planet Fitness, Whirlpool, Vital Farms, Shake Shack & more

Check out the companies making the biggest moves midday: Planet Fitness — Shares fell nearly 33% after the gym operator lowered its full-year earnings outlook. The company now sees its bottom line growing about 4% year on year. That’s down from a forecast that called for an expansion of 9% to 10%. Vital Farms — […]

Read More
Kalshi traders see odds rising that a U.S.-Iran nuclear deal will be reached by 2027
Finance

Kalshi traders see odds rising that a U.S.-Iran nuclear deal will be reached by 2027

Key Points Traders on prediction markets platform Kalshi now see a 58% chance a deal is reached by 2027. That’s higher than before an Axios report said the two countries were close to a deal to end the war, but lower than in mid-April when there was more hope for an end to the conflict. […]

Read More
Ryan Cohen’s mysterious bank letter backing GameStop’s eBay bid reveals a big issue with deal
Finance

Ryan Cohen’s mysterious bank letter backing GameStop’s eBay bid reveals a big issue with deal

Key Points Earlier this week, GameStop made a bold offer to buy eBay for $56 billion. The video game retailer said that it has lined up a $20 billion financing commitment from TD Securities. A key condition in this financing letter from TD Securities would require the combined entity to maintain an investment-grade credit profile, […]

Read More