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Only 40% of This Year's Disaster Losses Were Insured, and Europe's Wildfires Just Proved It
Global insured losses from natural catastrophes reached an estimated $42 billion in the first half of the year, actually below the long-term trend.
Airlines Are Headed for a Record $41 Billion Profit Year, While Fewer People Actually Fly
Global airline passenger demand fell 1.7% year over year in June, the second straight monthly decline, dragged down by domestic softness in China,
GDP Grew 1.5%, Missed Every Forecast, and Still Beat the Prior Quarter
The advance estimate for second-quarter GDP came in at a 1.5% annualized growth rate, well below the 2.1% economists had forecast
Corporate Buybacks Crossed $1 Trillion Faster Than Ever, Led by a $60 Billion Nvidia Bet on Itself
Announced stock buybacks passed $1 trillion as of August 20, the shortest amount of time any year has taken to reach that milestone. Nvidia
Student Debt Just Shrank for the First Time in Years, and Not Everyone Will Like Why
America's total student loan balance fell by roughly $7 billion in the second quarter, landing at approximately $1.65 trillion. That'
AI Is Now Behind One in Four Data Breaches, and That Number Is Climbing Fast
There were 1,803 reported data compromises in the first half of this year, up from 1,732 over the same period last year,
EV Sales Are Setting Records Worldwide, Except in the One Market With the Biggest Tariffs
Global EV sales hit record highs across 50 countries in the second quarter, and electric vehicles are expected to account for roughly 29% of
Office Buildings Are Hitting Record Delinquency Rates, and the Debt Wall Is Just Getting Started
Trepp is tracking 130 CMBS loan maturities totaling $5.5 billion coming due this month alone, including five nonperforming loans, all of them tied
OPEC+ Is Pumping More Oil Into a Market That's Getting More Dangerous to Ship Through
Crude oil climbed above $81 a barrel recently, up nearly 5% in a single week, even as OPEC+ announced plans to expand monthly production.
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