Your 401(k) could shrink due to climate risks. A lawsuit argues that your employer has a duty to protect it

Climate change comes with serious financial risks, and those risks could affect your retirement account. Is it up to your employer, then, to protect your 401(k) from those concerns? That’s the question posed by a first-of-its-kind lawsuit, filed today in the U.S. District Court Western District of Washington. A former employee of Cushman & Wakefield…

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Trump fires Homeland Security Secretary Noem over mounting criticism of her immigration enforcement

President Donald Trump on Thursday fired his embattled Homeland Security Secretary Kristi Noem, after mounting criticism over her leadership of the department, including the handling of the administration’s immigration crackdown and disaster response. Trump, who said he would nominate Oklahoma Republican Sen. Markwayne Mullin in her place, made the announcement on social media after Noem faced a two-day grilling…

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Mortgage refinance comeback: United Wholesale Mortgage’s refi volume jumps 387% from cycle low

Want more housing market stories from Lance Lambert’s ResiClub in your inbox? Subscribe to the ResiClub newsletter. After taking a big macro hit during the 2022 rate-shock, United Wholesale Mortgage’s (UWM) refinance volume has found its footing—and keeps climbing: 2020: $140B 2021: $139B 2022: $36B 2023: $14B (cycle low) 2024: $43B 2025: $70B That’s a +387% increase in UWM’s refi…

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Meta CEO Zuckerberg takes issue with the word ‘addictive’ in deposition shown at landmark trial

Jurors in a bellwether trial about the impacts of social media on children watched a deposition of Meta CEO Mark Zuckerberg on Wednesday that explored what the architects of Facebook and Instagram knew from internal research about the negative experiences of young users and how the company responded. New Mexico’s attorney general alleges that Meta…

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AI is changing how people use AT&T home internet—and helping stabilize the network

It’s well known that artificial intelligence has driven skyrocketing demand for electrical power, computing hardware, and network connectivity at data centers. But AI has also quietly shifted how consumers use their home internet service. AT&T reports a recent boost in the share of data that customers upload through its network as they communicate with AI…

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