❌

Reading view

Japan’s Economy Recovered In Second Half But Barely Grew in 2024

Though it recovered in the second half of the year, Japan’s economy barely grew in 2024 as a depreciated yen fueled inflation and strained households.

Β© Yuichi Yamazaki/Agence France-Presse β€” Getty Images

President Trump’s proposed tariffs on U.S. trading partners, including Japan, are likely to further boost the dollar against the yen.

California’s FAIR Plan Gets $1 Billion Bailout After L.A. Fires

The move will likely lead to higher costs for households across the state, and may push more insurers to leave, intensifying a home insurance crisis.

Β© Philip Cheung for The New York Times

Destruction left behind by the Eaton fire in Altadena, Calif., last month.

Natural Gas Could Get Priority Over Renewable Energy in Largest U.S. Grid

Federal regulators approved a proposal from the nation’s largest grid operator that will give primacy to 50 new power plants, a decision to help meet the country’s growing electricity demand.

Β© Tristan Spinski for The New York Times

A natural gas power plant in Westbrook, Maine. Utilities and grid operators in recent months have shifted from renewable energy and toward natural gas generations.
❌