If the rising price of homeowners insurance were factored into the US Consumer Price Index — a key metric of inflation — it could have added 80 basis points, or about 0.8%, to last year’s CPI increase of 3.4%, according to an analysis from Bloomberg Intelligence.
At Microsoft’s annual meeting on Dec. 13, shareholders will vote for the first time on whether to support an analysis of the climate risk posed by the company’s 401(k) retirement options.