A rising tide may lift all boats, but that doesn't apply to coastal real estate. Higher sea levels have slashed the home values of four New England states by more than $400 million over a dozen years, according to research from the Brooklyn-based nonprofit First Street Foundation. Massachusetts' property owners have suffered the biggest losses, with rising sea levels responsible for lowering the total value Bay State homes by more than $273 million. Maine is next, with nearly $70 million in losses, followed by Rhode Island at roughly $45 million. Losses in New Hampshire, which has the shortest coastline in New England, topped $15 million. One extreme example includes a house in Boston currently valued at $373,725 that would have been worth almost $800,000 if not for the higher sea level. Homeowners can find the information on a website called FloodIQ, which gives access to public data crunched in a way only previously undertaken by private companies such as insurers and … [Read more...] about In New England, home prices fall as seas rise
New york municipal bond funds
Elise Young, Bloomberg Published 8:44 am PST, Monday, January 14, 2019 Phil Murphy, governor of New Jersey, speaks during a budget press conference in Newark, New Jersey, U.S. Bloomberg Phil Murphy, governor of New Jersey, speaks during a budget press conference in Newark, New Jersey, U.S. Bloomberg Photo: Photographer: Alex Flynn/Bloombe Photo: Photographer: Alex Flynn/Bloombe Image 1 of / 1 Caption Close Image 1 of 1 Phil Murphy, governor of New Jersey, speaks during a budget press conference in Newark, New Jersey, U.S. Bloomberg Phil Murphy, governor of New Jersey, speaks during a budget press conference in Newark, New Jersey, U.S. Bloomberg Photo: Photographer: Alex Flynn/Bloombe New Jersey Gov. Murphy … [Read more...] about New Jersey Gov. Murphy finds fellow Democrats are biggest obstacle
Democrats hoping to flip the U.S. House in Tuesday's midterm elections will have a close eye on New Jersey.Many GOP-held seats in the House are seen as competitive. In South Jersey, one seat controlled by Republicans for 23 years is considered a likely Democratic win, and the race between a Republican incumbent and his Democratic challenger in a neighboring district is now considered a toss-up.In New Jersey's other major plot line, the state's senior senator is fighting for his political life. Also on the ballot: a special election for the Assembly, a statewide question on borrowing $500 million for education projects and a Camden city question about who should pick the members of its school board.Here's a rundown of what South Jersey voters can expect, as well as a list of voter resources:U.S. SENATENew Jersey's senior U.S. Sen. Robert Menendez, a Democrat seeking a third term, is facing a tough challenge from Republican Bob Hugin. Murray Sabrin of the Libertarian Party and … [Read more...] about 2018 New Jersey general election: What you need to know about the midterms
Susan Tompor Detroit Free Press Published 10:00 p.m. UTC Jul 18, 2018 Five years after Detroit's bankruptcy filing, retiree Barbara Yokom feels the financial hit each time she pays about $940 a month for health coverage. It's a bill that Yokom, 64, receives now only because the city ran into deep financial troubles and filed for Chapter 9 bankruptcy relief July 18, 2013. Her health-care insurance was covered when she retired in April 2012 after 38 years of working as a library technical assistant at the main branch of the Detroit Public Library. Retirees who are too young for Medicare, which covers those 65 and older, had to find health insurance elsewhere, and many paid a fairly steep price as they sought coverage under the Affordable Care Act, known as Obamacare. Health care wasn't the only hit, of course. Yokom saw a cut to her pension. She also was part of a group that had to hand over extra money that was part of a savings plan. She ended up turning … [Read more...] about Even 5 years later, retirees feel the effects of Detroit’s bankruptcy
THE BIG IDEA: Get ready for Macron-mania. Donald Trump was the first president since Calvin Coolidge, a century ago, not to welcome a foreign leader for a state visit during his first year in office. Fifteen months into his presidency, Trump is finally rolling out the red carpet for French President Emmanuel Macron. The country’s tricolor flag is flying all over downtown, and three days of events are planned in the capital city. After Macron lands this afternoon, the presidents and their wives will take a helicopter to Mount Vernon, George Washington’s home, for a sunset dinner on the terrace overlooking the Potomac. Trump and Macron will meet one-on-one tomorrow morning in the Oval Office. Vice President Pence will host a lunch for Macron at the State Department, and he will tour Arlington National Cemetery. The state dinner is Tuesday evening. “In a break with tradition, Trump invited no Democratic members of Congress or journalists,” the AP reports. … [Read more...] about The Daily 202: Macron wants to be Trump’s buddy. Can it last? Five flashpoints to watch.