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In 2019, insurers declined to renew 235,000 home insurance policies in California statewide in a 31% increase in the statewide non-renewal rate from the previous year, with non-renewal rates in ZIP Codes with moderate to high wildfire risk increasing by 61% and in the top 10 counties for wildfire risk by 203%.
General George C. Marshall, the 50th U.S. Secretary of State. The Marshall Plan (officially the European Recovery Program, ERP) was an American initiative enacted in 1948 to provide foreign aid to Western Europe. The United States transferred $13.3 billion (equivalent to $173 billion in 2023) in economic recovery programs to Western European ...
Controls and taxes. Federal tax policy was highly contentious during the war, with President Franklin D. Roosevelt opposing a conservative coalition in Congress. However, both sides agreed on the need for high taxes (along with heavy borrowing) to pay for the war: top marginal tax rates ranged from 81% to 94% for the duration of the war, and the income level subject to the highest rate was ...
More than half of the $30 million that James Madison spent on football from 2010 to 2014 came from student fees, according to annual filings with the NCAA. All told, the university poured $146 million in subsidies into its athletics department over that period, spending more than $4 in student money for every $1 it earned from ticket sales ...
In order to raise capital, the group started to sell off some of its assets. On 29 September 2021, the company sold a 20% stake in Shengjing Bank, retaining 15%, raising 10 billion RMB (US$1.5 billion).
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In finance, a coupon is the interest payment received by a bondholder from the date of issuance until the date of maturity of a bond . Coupons are normally described in terms of the "coupon rate", which is calculated by adding the sum of coupons paid per year and dividing it by the bond's face value. For example, if a bond has a face value of ...
On May 25, 1979, American Airlines Flight 191, a McDonnell Douglas DC-10 on a Memorial Day weekend flight to Los Angeles International Airport, had its left engine detach while taking off from runway 32R, then stalled and crashed into a field some 4,600 feet (1,400 m) away. 273 died, including two on the ground, in the deadliest single-aircraft ...
Raising the minimum wage to $10.10 and indexing it to inflation would result in a net $2 billion increase in income during the second half of 2016, while raising it to $9.00 and not indexing it would result in a net $1 billion increase in income. Additionally, a study by Overstreet in 2019 examined increases to the minimum wage in Arizona.
Costco Wholesale Corporation (commonly shortened to Costco) is an American multinational corporation which operates a chain of membership-only big-box warehouse club retail stores. [4] As of 2021, Costco is the third-largest retailer in the world [5] and is the world's largest retailer of choice and prime beef, organic foods, rotisserie chicken ...
The Wheel of Time is a series of high fantasy novels by American author Robert Jordan, with Brandon Sanderson as a co-author for the final three installments. Originally planned as a six-book series with the publication of The Eye of the World in 1990, The Wheel of Time came to span 14 volumes, in addition to a prequel novel and three companion ...