Finance

Homeowners insurance costs just hit a new high. It’s scaring off some buyers.

Homeowners insurance costs just hit a new high. It’s scaring off some buyers.

As homeowners insurance premiums hit record highs, homebuyers are growing increasingly concerned about their ability to afford them. The average single-family homeowner is now paying almost $2,370...

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Canada securities watchdog seeks first greenwashing sanction

Canada securities watchdog seeks first greenwashing sanction

(Bloomberg) — Canada’s biggest securities regulator is taking its first enforcement action related to so-called greenwashing by a fund manager. The Ontario Securities Commission is alleging Toront...

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World Bank’s $100 Billion Loan Facility Targets Africa

World Bank’s $100 Billion Loan Facility Targets Africa

Ajay Banga visits an electricity plant financed by the World Bank in Yopougon, a suburb of Abidjan, Ivory Coast. (Bloomberg) — Africa will be allocated 70% of the $100 billion that a...

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Ukraine Stepping Up Drone Attacks on Russian Oil Assets

Ukraine Stepping Up Drone Attacks on Russian Oil Assets

Ukrainians services use a reconnaissance drone to look for Russian logistical facilities. (Bloomberg) — Ukraine is increasingly targeting Russia’s oil refineries and export facilitie...

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The founders who cashed out on YouTube, Reddit, and Instagram—and missed out on becoming today’s billionaires

The founders who cashed out on YouTube, Reddit, and Instagram—and missed out on becoming today’s billionaires

To sell or not to sell. That’s the major dilemma founders around the world face: Once they’ve started to get big enough to attract the attention of buyers, they face the decision of whether to ca...

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