Surging electricity demand and prices have recently been driven by the rapid construction of data centers needed to train and operate artificial intelligence systems. And those power-hungry AI data hubs may create unanticipated consequences for consumers — including increased housing costs.
The 30-year fixed-rate...
Both home and auto insurance rates have soared since 2020, with increases averaging 25 percent to 50 percent for home coverage and 40 percent to 50 percent for auto coverage in Maryland, according to an analysis by The Wall Street Journal.Homeowners insurance rates...
From 2021 through 2024, the number of homes sold in the Twin Cities metropolitan area that were affordable to low- and moderate-income buyers dropped 61 percent. During the same time period, cash buyers captured an increasing share of such affordable homes. Looking at...
Stand, a homeowners insurance provider for properties in high-risk areas, has raised a $35 million in a Series B funding round, which will support the company’s expansion into the Florida market.
This funding round was led by Eclipse, alongside previous investors Inspired Capital, Lowercarbon...