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The Home Insurance Crunch: See What’s Happening in Your StateAs climate change makes disasters more frequent and severe, the insurance industry is in tumult. Even in the Northeast, where homeowners insurance was still generally profitable last year, trends are worsening. In the state of Profitability of homeowners insurance in Iowa Source: AM Best Ratio of revenue to costs for homeowners insurance statewide. To measure the financial health of the homeowners insurance industry, The New York Times assembled data that compares revenues with costs for insurers in each state. The data show that homeowners insurance was unprofitable in 18 states last year, up from eight in 2013.
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download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewWhen Kari Lake jumped into the Arizona GOP Senate primary last October, many conservatives were thrilled with the decision, confident she'd energize base voters in the general election. It's still early in the campaign, but the numbers are a sign that she has so far not consolidated GOP support around her candidacy. "Ultimately, the Republican Senate committee is probably going to realize before too long that there's far better opportunities for victories in other parts of the country," he added. But in addition to Arizona, they're angling to flip seats in Montana, Ohio, Maryland, Michigan, Nevada, Pennsylvania, and Wisconsin.
Persons: , Kari Lake, Katie Hobbs, Donald Trump's, Lake, Ruben Gallego, It's, Sen, John Barrasso of, Matt Salmon, Todd Young, Democratic Sen, Joe Manchin, Young, he'd Organizations: Service, Arizona GOP, Republicans, Business, Emerson College Polling, Democratic, GOP, Senate Republican Conference, Politico, Washington Republicans, National Republican Senatorial, Arizona Rep, Lake, Republican, Todd Young of Locations: Arizona, John Barrasso of Wyoming, Todd Young of Indiana, West Virginia, Montana , Ohio, Maryland , Michigan, Nevada , Pennsylvania, Wisconsin
Ohio was one of three states that had warned the Democratic Party that Mr. Biden could be left off the ballot because the Democratic National Convention would take place after certification deadlines for presidential nominees. Election officials in Washington State also signaled that their state would accept a provisional certification of Mr. Biden’s nomination. Charles Lutvak, a spokesman for the Biden campaign, said that Mr. Biden would be on the ballot in all 50 states. Republicans in Ohio have said that passing the ban on foreign donations is the price that Democrats will have to pay to ensure that Mr. Biden is on the ballot in the state. “If Ohio bars Biden from the ballot, the Supreme Court should order him back on the ballot just like it did with Trump in Colorado,” Ms. Torres-Spelliscy said.
Persons: Biden, Mr, Biden’s, Frank LaRose, LaRose, Jason Stephens, Charles Lutvak, ” Mr, Lutvak, Barack Obama, Mitt Romney, Donald J, Trump, Hansjörg Wyss, Wyss, Joe Biden, ” Ciara Torres, Ms, Torres, Spelliscy Organizations: Democratic Party, Democratic, Convention, Alabama, State Legislature, Republican, General Assembly, Republicans, Ohio Senate, Democrats, state’s Senate Republican, Stetson University, Biden, Trump, Colorado Locations: Ohio, Washington State, Alabama, Swiss, state’s, Florida, Colorado, . Ohio,
Since 1940, the state has voted for the Republican presidential nominee in every election except for 1964 and 2008. And former President Donald Trump is virtually assured of winning the state this November, as he also did in 2016 and 2020. But an interesting thing happened on Tuesday: Trump won the GOP presidential primary, but former UN Ambassador Nikki Haley still won over 20 percent of the vote, despite her March exit from the race. With nearly all precincts reporting their results, Trump earned 461,663 votes (78.3 percent) to Haley's 128,168 votes (21.7 percent). But many suburban voters are also concerned about issues like the preservation of democracy, abortion rights, and environmental policy, which all strongly favor Biden.
Persons: , Mike Pence, Dan Quayle, Donald Trump, Trump, Nikki Haley, Haley, Biden Organizations: Service, Republican, Business, GOP, Indianapolis, — Trump, Marion, Trump, Indiana, RNC Locations: Indiana, Virginia, North Carolina, Indianapolis, Marion, Trump's, Hamilton County, Milwaukee, While Indiana
Tesla registrations dropped again in California last quarter, according to a California Auto Outlook report. The report says Tesla saw a 7.8% dip in sales in the state while Rivian's increased by 87.1% and GMC shot up by 24,700%. Tesla still leads the EV market in California, but CNCDA's president said the registration drops are notable. AdvertisementCalifornian drivers appear to be losing some enthusiasm for Tesla. A California Auto Outlook report shows year-over-year Tesla registrations are down again in the state.
Persons: Tesla, Organizations: California Auto, GMC, Service, Car Dealers, Business Locations: California
The Biden campaign sees abortion as an issue that can put Florida in play for Democrats this fall. AdvertisementIn recent decades, Florida was often seen as the quintessential presidential swing state. Former Secretary of State Hillary Clinton narrowly lost the state to Donald Trump in 2016. And President Joe Biden lost the state to Trump by 3 points in 2020. This story is available exclusively to Business Insider subscribers.
Persons: Floridians, , Barack Obama, Hillary Clinton, Donald Trump, Joe Biden Organizations: Biden, Democrats, Service, Republicans, Orlando, Democratic, Trump, Business Locations: Florida, North Florida, Miami, Tampa
“Will Joe Biden Debate? He eagerly attended almost all of the Republican primary debates and all of the general election debates in 2016. About two years ago, the Republican National Committee voted unanimously to withdraw from its participation in the nonpartisan Commission on Presidential Debates, the organization governing general-election presidential debates, citing bias. It’s not clear to the Biden campaign what, if anything, changed since the Republican Party pulled out of the commission. The Biden campaign views its 2020 debate experience with Trump as one that was ultimately positive for then-candidate Biden.
Persons: Donald Trump’s, Joe Biden, Biden, Howard Stern, , Trump, , Republican surrogates, Will Joe Biden, Donald Trump, Susie Wiles, Chris LaCivita, Kellyanne Conway, Kamala Harris, surrogates, hasn’t, Trump’s, they’re, ” Trump’s, Cornel West, Robert F, Kennedy Jr, isn’t, Ronna McDaniel, McDaniel, He’s, Joe Biden’s, Brett O’Donnell, prepped Sen, Mitt, Ron DeSantis, Mari Will, ” Will, Will, it’s Organizations: CNN, Trump, Truth Social, Fighters, Republican, Trump co, Republican National, Presidential, Labor, Biden, Republican Party, Florida Gov Locations: Biden’s State, Mitt Romney, Florida
"The Republican party has become extreme in the age of Trumpism," the state senator told Politico. President Joe Biden won Arizona in 2020, the first time that a Democratic presidential nominee had carried the state since 1996. Democratic Sen. Mark Kelly won a special election for his seat in 2020 and then won a full term in 2022. Advertisement"The trajectory of Arizona has been steadily trending bluer on a statewide level," state Sen. Priya Sundareshan recently told Politico. "It's not because Arizona is necessarily a blue state but it's because Arizona has rejected extremism and the Republican party has become extreme in the age of Trumpism."
Persons: , Joe Biden, Democratic Sen, Mark Kelly, Katie Hobbs, Ruben Gallego, Sen, Kyrsten Sinema, Republican Kari Lake, Priya Sundareshan, that'll, Biden, Donald Trump, Hobbs, Roe, Trump Organizations: Republican, Politico, Service, GOP, Arizona, Democratic, Democrat, Republicans, Wade Locations: Arizona, Phoenix , Arizona, dszc Arizona, Tucson, Maricopa County
Jim Pillen's support of a bill that would change the state's system of allocating electoral votes from one determined by individual congressional districts to one that would award the state's five electoral votes to the statewide victor. Nebraska Democrats vehemently fought back against this electoral change before the legislative session ended earlier this month and the measure didn't advance. If Nebraska went through with its change, Trump would likely win the state's entire share of electoral votes, given its strong GOP orientation. But if Maine also switched to a winner-take-all system before the 2024 election, Biden would be heavily favored to win all of that state's electoral votes and would thus win the Electoral College (270 to 268). Maine Democrats — who control the state legislature — had generally not spoken of tweaking their electoral allocation system ahead of 2024.
Persons: , Donald Trump, Maureen Terry, Jim Pillen's, Pillen, Joe Biden, Biden, Trump, North Carolina —, Maine Democrats —, Terry Organizations: Service, Maine Democratic, Electoral, Donald Trump . Maine, Congressional, Business, Republican Governor, Republican, Trump, Nebraska GOP Gov, Nebraska Democrats, Congressional District, Biden, Michigan, North Carolina, Democratic, Nebraska, Electoral College, Maine Democrats, Nebraska Republican Party Locations: Nebraska, Donald Trump ., Maine, Omaha, Pennsylvania, Wisconsin, Arizona, Georgia, Nevada, North
In recent months, the company has foreshowed it plans to challenge the law on First Amendment grounds. Krishnan said even the national security argument will not withstand legal scrutiny because the Chinese government could easily purchase the same data on Americans through the open market. TikTok’s looming legal challenge will be one of several that could eventually reach the US Supreme Court that could completely redefine online speech. Other high-profile cases that will determine whether social media companies can moderate content on their platforms are also likely to be decided this year. “The rules for online speech are being written by the Supreme Court this year,” Persily said.
Persons: CNN —, Joe Biden, , Shou Chew, TikTok, Ramya Krishnan, Nate Persily, Persily, , Christopher Wray, ” Wray, ” TikTok, ” Persily, Krishnan Organizations: CNN, Communist Party, Columbia University, Stanford, Stanford Cyber Policy, American, FBI, NBC, Supreme Locations: China, Montana, TikTok, American
For Uber and Lyft drivers, time is money, so widely accessible charging is key to the EV switch. A study by the US Department of Energy found that 1,000 fast chargers were needed for every 20,000 EV drivers on the road. A mad dash for EV licensesThe transition is getting an early test this year now that thousands more ride-hailing drivers have licenses. AdvertisementIn October, the Taxi & Limousine Commission opened applications for this gig work for the first time in five years — but for EV drivers only. In exchange, Uber drivers will get up to a 25% discount when they charge.
Persons: Manhattan, Tesla, Eric Adams, Bobby Familiar, Revel, Michael Replogle, David Do, Aeraj Qazi, Qazi, Guillermo Fondeur, Uber, he's, Fondeur, Adams, EVs, Con Edison, Flo, Replogle, it's, Josh Gold, Uber's, that's, Do, we've, Juliana Kaplan Organizations: EV, US Department of Energy, Business, NYC's Department of Transportation, Chargers, Taxi, Limousine Commission, TLC, New York Taxi Workers Alliance, Rentals, Department of Transportation, DOT, LaGuardia Airport, Tesla, Gravity, Green, Initiative Locations: New York City, Queens, NYC, Canadian, Canada, EVs, Manhattan, America
I know the legislature is doing a bill to try to protect our meat — You need meat, OK? "There's nothing about cultivated meat that is a conservative or a liberal thing," said Josh Tetrick, CEO of GOOD Meat — a cultivated meat company with the largest market share of the global industry so far. Other red-state politicians are also responding to the threat to their red meat, including Alabama State Sen. Jack Williams and Tennessee State Rep. Bud Hulsey, who have supported or proposed legislation to ban cultivated meat in their states. A nugget made from lab-grown chicken meat is seen during a media presentation in Singapore, the first country to allow the sale of meat created without slaughtering any animals.
Persons: , Ron DeSantis, DeSantis, Josh Tetrick, Mark Post, David Parry, Reuters SB1084, David Marshall, Alabama State Sen, Jack Williams, Bud Hulsey, Williams, Hulsey, hasn't, George Peppou, Justin Sullivan, there's, OpenSecrets, Alabama Sen, NICHOLAS YEO, Tetrick, Lauš Organizations: Service, GOP, Business, Maastricht University, Reuters, DeSantis, Arizona, Alabama State, Tennessee State, Marshall, FDA, USDA, Cargill, Foster Farms, US Department of Agriculture, Getty, Alabama, Foods Locations: Florida, Netherlands, Singapore, Alameda , California, California, AFP, United States, Czech
CNN —It’s 420 or “weed day,” and people around the world will be paying homage to their favorite guilty pleasure: marijuana. “I worry when people are in an enclosed space because new data is beginning to show that secondhand marijuana smoke may be just as dangerous as the primary smoke,” Page said. “Approximately 3 in 10 people who use marijuana have marijuana use disorder,” according to the US Centers for Disease Control and Prevention. In fact, some parents told doctors they believed vaping marijuana was safer than tobacco, Boyd told CNN earlier via email. A cloud of marijuana smoke rises as a clock hits 4:20 p.m. during the Mile High 420 Festival in Denver on "weed day" in 2022.
Persons: CNN —, Dr, Beth Cohen, Cohen, , , Robert Page II, ” Page, Weed, It’s, ’ ” Carol Boyd, Ann Arbor, Peter Grinspoon, ” Young, Sam Wang, Boyd, Grinspoon, Patrick T, Fallon, Nixon, ” Boyd, ” Grinspoon, ’ ”, Page Organizations: CNN, District of Columbia, University of California, University of Colorado Skaggs School of Pharmacy, Pharmaceutical Sciences, Center, Drugs, University of Michigan, US Centers for Disease Control, Prevention, CDC, Massachusetts General Hospital, Marijuana, Children’s Hospital, Yale Medicine, Drug, University of Colorado’s, Getty, University of Mississippi, US Drug, Administration Locations: United States, San Francisco, Colorado, Aurora, Ann, Boston, Children’s Hospital Colorado, Denver, AFP
In the days approaching April 1, the corridors and backrooms of the New York State Capitol tend to be filled with tension and chaos, as the governor, lawmakers and staff scramble to meet the deadline to pass a state budget that is as much a policy blueprint as it is a spending plan. Budget talks dragged out almost three weeks past the April 1 deadline, leading some to wonder whether Gov. Kathy Hochul, a Democrat in her first full term, had lost control of the process. But by the time the budget was officially passed by the Legislature on Saturday, it was clear that Ms. Hochul had achieved her goal: a final $237 billion budget that included a checklist of her priorities. They included new resources to fight retail crime, a statewide artificial intelligence consortium, and a landmark housing deal aimed at bolstering residential construction — all without raising taxes on the wealthy.
Persons: Kathy Hochul, Hochul Organizations: New York State Capitol
Fast food is getting more expensive, and Americans are annoyed about it. Diners told BI they're cutting back on how often they get fast food because of rising prices. AdvertisementBut cheaper fast food may be some way off. Experts say it could have a ripple effect on wages across the fast food industry nationwide, meaning that your favorite spots could become even pricier. The main reason Rodriguez gets fast food is the taste, he said.
Persons: , Sara Senatore, Dunkin, Warren Colehour, Chad Frye, Artur Widak, Frye, Martin Jennings, it's, Chipotle, James R, Martin, Ben Heyworth, Burger King, He's, Del, Richard McConnell, Ricardo Rodriguez, Rodriguez Organizations: Service, Bank of America, McDonald's USA, Getty, Subway, Consumers, McDonald's Locations: Ukraine, McDonald's, Kentucky, California, Florida, Olive, Burger, Oregon
Among them: Chief officers and some Maui Fire Department staff used “WhatsApp” for situational awareness updates, but not everyone in the department used the app. Despite this, the collective actions by MFD and law enforcement saved many lives and property across the island,” the report says. “Battalion Chiefs initiated upstaffing for some resources on the morning of August 8” – the day the four major wildfires ignited. “MFD requested law enforcement to facilitate evacuations over the radio. “That is still under investigation with the Bureau of Alcohol, Tobacco, Firearms and Explosives,” Maui Fire Department Chief Brad Ventura said Tuesday.
Persons: ” “, , , Anne Lopez, , upstaffing, Brad Ventura, ” Ventura, Ventura Organizations: CNN, Maui Fire Department, National Weather Service, Western Fire Chiefs Association, Staff, Hawaii’s, Fire Safety Research Institute, BCs, State, “ Battalion Chiefs, ICS, Incident Command, Hawaiian Electric Company, Alcohol, Tobacco, Firearms, Explosives Locations: Maui, , Lahaina
Both Biden and Trump view Georgia as a highly-coveted electoral prize in the 2024 election. AdvertisementSo Georgia remains a highly-competitive swing state, with both Biden and former President Donald Trump hoping to win its 16 electoral votes. A view of the gold-domed Georgia State Capitol and downtown Atlanta. In last month's Georgia GOP presidential primary, Trump easily defeated his onetime opponent, former UN ambassador Nikki Haley. A bulk of Haley's voters came from the Atlanta metropolitan area, primarily in suburbs where Trump was tripped up by Biden in 2020.
Persons: Biden, , Joe Biden's, Raphael Warnock, Jon Ossoff, Brian Kemp's, Stacey Abrams, Donald Trump, Brynn Anderson, Trump, Biden eked, Steve Helber, Henry, Barack Obama, Jason Allen Will, Nikki Haley, Haley, weren't, Kemp, Brad Raffensperger, Raffensperger Organizations: Biden, Trump, Service, Black, Democratic, Georgia, Republicans, GOP, CBS News, Marist, Marist Georgia Poll, Georgia State Capitol, AP, The, Cobb, Fulton County Locations: Georgia, Atlanta, Arizona , Michigan, Nevada , North Carolina , Pennsylvania, Wisconsin, The Atlanta, Fulton County, Gwinnett, Clayton , DeKalb
Opinion: How Trump plans to win the presidency
  + stars: | 2024-04-12 | by ( Julian Zelizer | ) edition.cnn.com   time to read: +6 min
A potentially successful multi-prong strategy with electoral, media, legal, legislative and third-party intervention appears to be in place. Julian Zelizer Larry LevantiWhile 2020 was about subverting the Electoral College, Trump has been trying to work the rules to his advantage in 2024. These tactics build on the ways that Trump’s campaign had moved to shift primary rules to favor him. Trump is also working the 24-hour cable news and social media ecosystem to his advantage. When a bipartisan group of senators pushed a right-of-center immigration and foreign aid bill, Trump rallied his House minions to subvert passage.
Persons: Julian Zelizer, Donald Trump, Julian Zelizer Larry Levanti, Trump, Joe Biden, , Biden, MAGA, Marjorie Taylor Greene, Greene, Mike Johnson, Robert Kennedy Jr, Jill, Timothy Mellon — Organizations: CNN, Princeton University, New York Times, America, Twitter, Electoral College, Republicans, GOP, MAGA Republicans, FISA, Green, The New York Times, Inc, Cornel Locations: In Nebraska, New York, Trump’s, Ukraine
Years before becoming House speaker, Republican Rep. Mike Johnson of Louisiana played a leading role aiding Donald Trump’s efforts to overturn the 2020 election. That history will be on display Friday, with Johnson set to deliver remarks alongside the former president about “election integrity” – a phrase Trump often uses to describe the lie that the 2020 election was rigged and unfounded concerns about future mass voter fraud. Johnson carved out an influential role after the 2020 election, helping Trump’s attempts to subvert the will of the people and overturn the legitimate results. He later recruited a majority of House Republicans to endorse a Trump-backed lawsuit seeking to invalidate the results from four key states that Trump lost: Pennsylvania, Georgia, Michigan and Wisconsin. (In truth, as the Supreme Court later affirmed, judges have the power to review state election laws.)
Persons: Mike Johnson, Donald Trump’s, Johnson, , Trump, Trump’s, Joe Biden’s, ” Johnson, Hugo Chávez’s, Smartmatic, would’ve, Biden, – Johnson Organizations: Republican, Trump, Voting Systems, Biden, Dominion, Fox News, House Republicans, Republicans, Democratic Locations: Louisiana, Hugo Chávez’s Venezuela, Georgia, Pennsylvania, Michigan, Wisconsin, Arizona
As things stand now, 48 states are set to allocate their electors this November according to the winner of the popular vote in their state. There, electoral votes are partially divvied up on a proportional basis. In Maine, two of the state’s four electoral votes go to the winner of the popular vote, while the other two are split between its two congressional districts. Biden won that election with 306 electoral votes; the Nebraska elector did not make a difference. Which is why Nebraska Republicans have launched an effort, backed by Trump, to end its quasi-proportional allocation of electoral votes.
Persons: Donald Trump, Joe Biden, Biden Organizations: Nebraska Republicans, Trump Locations: Maine, Nebraska, In Maine, Lincoln, Omaha
The stolen election falsehood that dominates the GOPJohnson’s willingness to lend the authority of his office to Trump’s “election integrity” campaign shows how Trump’s stolen election conspiracy theory has consumed almost every pillar of power in the GOP. Trump and Johnson are also expected to relitigate the 2020 election during Friday’s press conference, a Trump adviser told CNN. “IT’S SO THEY CAN VOTE, VOTE, VOTE,” Trump said on his Truth Social network in December. Two days after the election, Trump declared, “If you count the legal votes, I easily win. “I support President Trump, I’m one of his biggest fighters here in Congress.
Persons: Mike Johnson, Donald Trump, Trump, Aileen Cannon, Trump’s, Johnson, , CNN’s Kristen Holmes, Fredreka Schouten, CNN’s KFile, Lara Trump, William Barr, Hillary Clinton, Joe Biden’s, ” Trump, ” Johnson, Biden, There’s, , Matt Gaetz –, , ” Gaetz, Marjorie Taylor Greene, Greene, she’d, ” Greene, CNN’s Manu Raju, Kevin McCarthy, McCarthy —, Trump — Organizations: CNN —, Republican, GOP, Trump’s, Trump, Republicans, Republican National Committee, RNC, CNN, Democratic, Electoral, , Christian Broadcasting Network, Biden, Georgia Republican, House Republicans, Capitol Locations: Trump, Congress, Lago, Florida, New York, Georgia, American, Texas, Georgia , Michigan, Pennsylvania, Wisconsin, Ukraine, Mar, November’s
New York CNN —Lyft and Uber might hit reverse on plans to leave Minneapolis on May 1 over a new minimum wage for rideshare drivers set to go into effect on that day, if a city council measure passes Thursday. The issue stems from a March decision by the city council to override the mayor’s veto of a minimum wage for rideshare drivers, set at the local minimum wage of $15.57 an hour. The ordinance mandates rideshare drivers make at least $1.40 per mile and $0.51 per minute within Minneapolis. Now some council members want to amend the ordinance and lower the per-mile rate to $1.21, but maintain the proposed per-minute rate of $0.51. With this amendment, we can accomplish those goals.”The statement was released by Council President Elliott Payne and Council Members Katie Cashman and Aurin Chowdhury.
Persons: New York CNN — Lyft, Uber, Lyft, ” Uber, Jacob Frey, Frey, KARE, Elliott Payne, Katie Cashman, Aurin Chowdhury, Lyft didn’t Organizations: New, New York CNN, Minneapolis City, Twin, CNN, Minneapolis Star, Tribune Locations: New York, Minneapolis, Twin Cities, Minnesota
The result of the court's 2022 decision has been a patchwork of anti-abortion laws in GOP-leaning states, while blue states have largely become havens for abortion rights. Biden's support for abortion rights is already well-established, but Trump in recent months has sought to soften his position on the issue. Despite the pro-Trump push on abortion, Kennedy Jr.'s position on reproductive rights hasn't been as clear as Biden's stance. In a February interview with The Washington Post following a controversial Alabama IVF court ruling, Kennedy Jr. said he felt that women "have the right to choose" regarding abortion. When Kennedy Jr. was asked what he'd do to shore up reproductive rights as president, he told The Post: "I don't know, you tell me.
Persons: , Joe Biden, Wade —, Donald Trump, Trump, Robert F, Kennedy Jr, Biden, Jill Stein, Mike Pence, Neil Gorsuch, Brett Kavanaugh, Amy Coney Barrett, Ron DeSantis, hasn't Organizations: Service, Democratic, The New York Times, Business, Green Party, Times, Trump, The Times, GOP, Florida Gov, Washington Post Locations: Michigan, Israel, Gaza, Indiana, Florida, Alabama
But the Israel-Hamas war has complicated the party's hold on young voters and liberals in college towns. And the dynamic has created a rocky path for Biden as he needs these voters to turn out for him this fall. AdvertisementIn 2020, Biden easily won Dane County, emerging with a 181,000-vote margin over then-President Donald Trump en route to winning Wisconsin by roughly 20,000 votes. Related storiesLast week, Biden won nearly 89% of the vote in the Wisconsin Democratic presidential primary, per unofficial AP results. Biden traveled to Madison on Monday to unveil his revamped student-loan forgiveness plan, which could aid more than 30 million borrowers.
Persons: Biden, , Joe Biden, Dane County, Donald Trump, Megan Eisenstein, Dane Organizations: Service, Democratic, The New York Times, Trump, Wisconsin Democratic, Lawrence University Student Democrats, a College Democrats, US Locations: Israel, Madison, Wis, Hill, N.C, Gaza, Dane County, Wisconsin, Dane, Michigan
Miami has one of the hottest real estate markets in the country. Real estate developers are promoting new housing in drier parts of the city as an escape from regular flooding, researchers have found. And Miami is far from alone — coastal flooding, extreme heat, and other climate impacts are affecting cities across the country. And Miami residents are spending a larger share of their income on housing these days. The rent-to-income ratio in Miami has risen from 35.9% in 2019 to 37.0% at the end of last year, according to Moody's.
Persons: Moody's, Pedro, Organizations: Service, Business, Liberty, Dade, McKinsey & Company, Miami Locations: Miami, South Florida, Little Haiti, Liberty City, — Miami, Florida, Dade County
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