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Public finance

Impact of climate-fueled disasters seen in insurance, real estate data

Impact of climate-fueled disasters seen in insurance, real estate data

California, Climate Change, Insurance, Louisiana, Property taxes, Public finance, Trends in the Regions /

Point-Aux-Chenes, Louisiana, after Hurricane Ida in 2021.Bloomberg News Climate change-driven disaster risks are having a measurable impact on property insurance rates and home values, according to a recent National Bureau of Economic Research paper. Processing Content In a paper released in June 2024 and revised last month, academics Benjamin Keys and Philip Mulder say their […]

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Summers sees Trump naming ‘respected’ replacement for Powell

Summers sees Trump naming ‘respected’ replacement for Powell

Federal Reserve, FOMC, Monetary policy, Politics and policy, Public finance /

Former Treasury Secretary Lawrence Summers said he expects Donald Trump to name a mainstream candidate to replace Federal Reserve Chair Jerome Powell, despite the president’s bashing of the U.S. central bank leader for failing to cut interest rates this yearBloomberg News Former Treasury Secretary Lawrence Summers said he expects Donald Trump to name a mainstream

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