YOLO Crowd's Record Dip Buying Binge Calms a Jumpy Stock Market
Individual investors purchased a net $4.1 billion in US stocks through 12:30 p.m. in New York, the largest level ever for that time of day — and broke the $4 billion threshold by noon for the first time ever, according to data compiled by JPMorgan Chase & Co. quantitative and derivative strategist Emma Wu.
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Minnesotans can expect their home insurance to spike 15% this year, says new study — but many say it's already happening
A new study by Insurify is projecting a hike in homeowners insurance premiums — and Minnesotans will be particularly hard hit. Indeed, says that Minnesotans will face the fifth-highest rise in homeowners insurance premium rates in the country by the end of this year. But some are saying it's already happening. Natalie Beazer, along with her sister, Noleene Counts, searched far and wide for an accessible multi-generational home in Rogers, MN. Beazer told 5 Eyewitness News that 'it was just struggle after struggle after struggle.' Then, finally finding a potential new home, they struggled to find an affordable homeowners insurance policy. 'It's still ridiculously high,' Counts told 5 Eyewitness News. Their 'affordable' policy is around $4,000 a year, which is double what they were paying to insure their previous home. Don't miss Thanks to Jeff Bezos, you can now become a landlord for as little as $100 — and no, you don't have to deal with tenants or fix freezers. Here's how I'm 49 years old and have nothing saved for retirement — what should I do? Don't panic. Here are 6 of the easiest ways you can catch up (and fast) You don't have to be a millionaire to gain access to this $1B private real estate fund. In fact, you can get started with as little as $10 — here's how How extreme weather is fueling insurance price hikes Minnesotans can expect to spend about 15% more this year on their homeowners policy, according to an Insurify report. Realtor Amanda Cox Zuppan told 5 Eyewitness News that her clients are already seeing higher premiums. 'We're seeing premiums double and even triple at this point, and it really is affecting affordability for home buyers … specifically first-time home buyers or lower-income home buyers who are already struggling to come up with those monthly payments.' What's behind these sharp increases? The weather. In 2024, there were 27 confirmed weather or climate disaster events in the U.S. with losses exceeding $1 billion each, according to the National Centers for the Environmental Information (NCEI). But insurers need to stay profitable, so they're passing on the cost of higher claim payouts to customers through higher premiums. The average annual cost of home insurance is predicted to increase 8% to a national average of $3,520 by the end of the year, according to Insurify. That would translate to an estimated $261 over the next 12 months. But some states, like Minnesota, will pay more than others. 'Areas that are more sensitive to climate risks will naturally experience sharper insurance increases, but even less disaster-prone areas will see insurance premiums rise simply due to the fact that repairs have become more costly,' said Joel Berner, senior economist at in a trends analysis piece. 'Labor and material costs continue to grow,' he added, 'which puts insurers in a position where they have to pay out more for full-replacement claims and therefore have to charge higher premiums.' From hurricanes and tornadoes, to hail, flooding and wildfires, some parts of the country are becoming hard to insure. Floridians continue to pay the highest home insurance premiums, which are expected to rise to $15,460 by the end of the year — that's a 9% increase. The biggest culprit? Hurricanes. California homeowners will see their premiums jump 21%, thanks to factors such as the Palisades and Eaton fires. But Louisiana's premiums are rising the fastest. However, homeowners in every state will see price increases from 2% to 27%. Read more: Want an extra $1,300,000 when you retire? Dave Ramsey says — and that 'anyone' can do it What can Minnesota homeowners do? Mark Kulda, former Insurance Federation of Minnesota spokesperson, told 5 Eyewitness News in a previous newscast that an increase in storms in the state is largely to blame for the increase in premiums. 'All of a sudden, in 1998, someone [flipped] the switch, and we had year after year after year of billion-dollar-plus storms come… Now, we have six billion-dollar storms in one year,' he said. 'They're stronger, they're more intense, they're more frequent, and it's costing everybody more money.' Since 1980, Minnesota has experienced 58 weather disasters that have caused an estimated $20 to $50 billion in damages, according to the Insurance Federation of Minnesota, a non-profit state insurance trade association. So what can homeowners do about this? After all, they can't exactly control the weather. The Insurance Federation of Minnesota says they can start by reviewing their homeowners insurance coverage. It may make sense to shop around and compare policy options from different providers or bundle it with other policies from the same provider. The National Association of Insurance Commissioners offers a Consumer Insurance Search tool to help research specific insurance companies, including complaint data. But in high-risk areas, some insurers may stop selling policies altogether. However, the Minnesota Fair Access to Insurance Requirements (FAIR) Plan can help. The FAIR Plan provides 'basic and affordable property insurance' to homeowners 'without regard for environmental hazards.' And, while it hasn't yet launched, the Strengthen Minnesota Homes program will (eventually) provide financial assistance to homeowners 'to improve the resilience of their homes to protect against extreme weather events such as high wind and hail.' What to read next Robert Kiyosaki warns of a 'Greater Depression' coming to the US — with millions of Americans going poor. But he says these 2 'easy-money' assets will bring in 'great wealth'. How to get in now Accredited investors can now buy into this $22 trillion asset class once reserved for elites – and become the landlord of Walmart, Whole Foods or Kroger without lifting a finger. Here's how Rich, young Americans are ditching the stormy stock market — here are the alternative assets they're banking on instead Here are 5 'must have' items that Americans (almost) always overpay for — and very quickly regret. How many are hurting you? Stay in the know. Join 200,000+ readers and get the best of Moneywise sent straight to your inbox every week for free. This article provides information only and should not be construed as advice. It is provided without warranty of any kind. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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The 10 Most Hated Billionaires in 2025
Every time a wealthy person crosses over into billionaire status, those of us in lower wealth echelons may show the limitations of our ability for empathy. Generally, the 'have-nots' do not celebrate the 'have-way-too-much.' Watching Elon Musk get richer and richer while many struggle to get above living paycheck to paycheck can really suck. 'Hate' is a strong word, but it may be pretty close to (if not exactly) what many people feel toward billionaires. Find Out: Read Next: A recent study by found the 10 most hated billionaires of 2025. Data was collected from the number of Google search results containing the billionaire's name combined with terms like 'controversy,' 'scam' and 'fraud;' a sentiment-based 'Reddit hate score' on the social news aggregation and forum site, and the billionaire's public disapproval rating that factored in overall negative news coverage (for President Donald Trump, we didn't use public disapproval rating, but instead used fresh data from The Economist). Additionally, net worths were sourced from Forbes. See the 10 most hated billionaires, along with the companies they own and their respective net worths. 10. George Soros Key areas of success or businesses: Open Society Foundations, Soros Foundation Net worth: $7.5 billion Reddit hate score: 5.9 Public disapproval rating: 26% Overall hate score: 36 Check Out: 9. Bill Gates Key areas of success or businesses: Microsoft Net worth: $117 billion Reddit hate score: 8.2 Public disapproval rating: 27% Overall hate score: 41 8. Vince McMahon Key areas of success or businesses: WWE Net worth: $3 billion Reddit hate score: 8.6 Public disapproval rating: 23% Overall hate score: 43 7. Jamie Dimon Key areas of success or businesses: J.P. Morgan Chase/banking Net worth: $2.8 billion Reddit hate score: 9 Public disapproval rating: 25% Overall hate score: 46 6. Jeff Bezos Key areas of success or businesses: Amazon Net worth: $241.3 billion Reddit hate score: 8.2 Public disapproval rating: 30% Overall hate score: 47 5. Mark Zuckerberg Key areas of success or businesses: Meta/Facebook Net worth: $246 billion Reddit hate score: 9.1 Public disapproval rating: 40% Overall hate score: 56 4. Gautam Adani Key areas of success or businesses: Adani Group Net worth: $68 billion Reddit hate score: 7.1 Public disapproval rating: 51% Overall hate score: 56 3. Rupert Murdoch Key areas of success or businesses: Fox News, Sky News Net worth: $24 billion Reddit hate score: 9.2 Public disapproval rating: 55% Overall hate score: 64 2. Elon Musk Key areas of success or businesses: Tesla, SpaceX Net worth: $409 billion Reddit hate score: 9.4 Public disapproval rating: 36% Overall hate score: 92 1. Donald Trump Key areas of success or businesses: Real estate and politics Net worth: $5.5 billion Reddit hate score: 9.5 Public disapproval rating: 55% Overall hate score: 100 More From GOBankingRates 6 Popular SUVs That Aren't Worth the Cost -- and 6 Affordable Alternatives This article originally appeared on The 10 Most Hated Billionaires in 2025
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Hojlund's fight to answer Man Utd's striker question
Rasmus Hojlund is about to face a match at the stadium that will host next year's World Cup final. Manchester United's friendly with West Ham at MetLife Stadium, in the grand scheme of things, is nowhere near as big a deal. But for the Danish striker, it's crucial. A crowd approaching 50,000 is anticipated for United's opening game in the four-team Premier League Summer Series on Saturday evening, just west of New York City. Hojlund's performance could determine whether head coach Ruben Amorim keeps faith with him as United's attacking spearhead. United have spent more than £120m on forward players this summer - but three weeks before the start of the new Premier League season, do not have the number nine many informed observers believe they are desperate for. They were frustrated in their efforts to sign Liam Delap - who left Ipswich for Chelsea instead. And on Friday, Amorim hinted Hojlund remains his first choice for the role. Is he up to the task? Man Utd won't sell players on the cheap - Amorim Hey big spenders - Liverpool lead top-four domination of £1bn deals In May, United finished 15th in the Premier League, their worst final placing since relegation from the top flight in 1974. A Europa League final defeat by Tottenham compounded the disappointment. Vast improvement has to come - Amorim accepts as much. And for that to happen, his side must score more goals. They managed only 44 in the league last season. The week before last, minority owner Sir Jim Ratcliffe met chief executive Omar Berrada and technical director Jason Wilcox in Iceland. It is probably fair to assume the centre-forward position was discussed. And there is no doubt they wanted Delap. United have been targeting the domestic market because Amorim is keen to add players who do not need time to adapt to the Premier League. But Chelsea sealed the deal. Since then, the names of numerous alternatives have been advanced. Viktor Gyokeres was thought of as a target from the moment Amorim was appointed, given how successful the pair were together at Sporting after the 27-year-old had impressed in the Championship with Coventry. But Gyokeres is heading to Arsenal. Nicolas Jackson's name keeps being mentioned in connection with United. There have been conversations about the Chelsea forward, but not to the point where it has looked as if United might try to buy him. Aston Villa quickly shut down a link to their forward Ollie Watkins, letting it be known they have no interest in selling. Could United put that to the test? Watkins is an interesting case because he slipped down the pecking order at Villa when Marcus Rashford - unwanted by Amorim - arrived on loan. Would a more expensive Watkins, 29, who has scored 75 goals in 184 Premier League games be a better option that a cheaper Jackson, who has been excellent and erratic at Chelsea, often both in the same game? Man Utd to need to raise funds Former Everton striker Moise Kean, who re-established his reputation in Serie A with Fiorentina, Randal Kolo Muani, back at Paris St-Germain and unwanted after a loan spell with Juventus, and Crystal Palace's Jean-Philippe Mateta are all likely to be available. The same is true of RB Leipzig's Benjamin Sesko, although Newcastle is a more likely destination for the Slovakian. Then there are the wildcard options - out-of-contract forwards such as Dominic Calvert-Lewin and Jamie Vardy. But none of these options come without risk. And for United, funds are limited and there are so many weaknesses to address. Amorim referred to the need for more energy in midfield after last Saturday's 0-0 draw with Leeds in Stockholm. Amorim didn't mention the additional issues, but others have: Goalkeeper, central defence, the right-sided wing-back role. The list goes on. Not all of this can be dealt with in a single transfer window. It is quite possible 12 months from now, if he is still in post, Amorim will still be looking to address flaws that exist now, as well as those that emerge in the coming months. Funds are precious and United need to raise some. They might have generated around £30m this summer through sell-ons being activated for Alvaro Carreras, who has left Benfica for Real Madrid, Anthony Elanga joining Newcastle and Maxi Oyedele moving to Strasbourg - plus the covering of Rashford's wages for the season by his loan move to Barcelona - but more needs to be done. Rashford was one of five unwanted players effectively cast out of the first-team picture by Amorim - the other four being Jadon Sancho, Alejandro Garnacho, Antony and Tyrell Malacia. More money could be generated by selling those four - but Amorim has warned that they won't be allowed to leave on the cheap. Garnacho is a player capable of generating a sizeable fee - albeit not the £60m United went into the summer hoping for. He may be pivotal, especially if Chelsea go back for a player they were close to signing in January. But for now, Amorim has to maximise what he has. The case for sticking with Hojlund Against Leeds in Sweden, 18-year-old Chido Obi started. But the former Arsenal youngster currently appears to be an impact player. Hojlund took over for the second half. As usual, he worked hard enough, didn't receive the service a centre-forward would want and did his best for the team. But, as usual, he didn't score. He has scored 26 goals in 95 competitive appearances over two years at United - just over a goal every four games. The numbers are not terrible. But they include a run of five goals in four games last season and eight in eight the campaign before. Statistics can be manipulated to suit any argument - but if those two sequences are taken out, what is left is 13 goals in 83 appearances, or more than six games for every goal. That is clearly not good enough. The question is whether Hojlund can extend the more productive spells or if they are distorting the overall picture. On Friday, Amorim gave the impression he has not given up on the 22-year-old, who cost United £72m when they bought him from Serie A outfit Atalanta in 2023. In his opening media engagement of the summer in Chicago, United's head coach made a couple of significant points. Firstly, he insisted he would be happy to go into the new season with his current squad. In truth, he couldn't say anything else given there are no guarantees of further signings. Secondly, he confirmed his belief that his attacking reinforcements, Bryan Mbeumo and Matheus Cunha, could both operate as a spearhead in addition to the number 10 roles they appear best suited to. But it was towards the end of a long unrelated answer, in connection to captain Bruno Fernandes, that Amorim might have given an indication about his thinking. The coach wants Fernandes to operate deeper, away from those two prized number 10 spots. He thinks the Portuguese can cause more damage that way because he won't be marked as tightly. "If you have the threat of players; of Rasmus, Matheus and Brian, in the space and a player with Bruno's quality on the ball, it's really important," he said. Events can change course quickly at Old Trafford but at the very least, the namecheck suggested Hojlund is likely to get some time on the pitch with Cunha, Mbeumo and Fernandes at the MetLife and beyond. And if he finds a spark across a trio of pre-season fixtures against West Ham, Bournemouth and Everton over the next nine days, it may cause United's hierarchy to pause and think. To a greater or lesser degree, the search for a striker has been a feature of their summer. Can Hojlund prove he is the answer after all? Latest Manchester United news, analysis and fan views Get Man Utd news notifications
