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- 5 reasons your homeowners insurance will cancel (9 10 25)
5 reasons your homeowners insurance will cancel (9 10 25)
Jennifer Hutcheson
September 10, 2025
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💵 Today’s Top Stories
 | Did you know your home insurance company can drop you? Falling behind on your payments is an obvious red flag. But there are some reasons you may not realize. Read more. |
 | This apparently lucrative car wash business model is exploding. Here’s why you should be skeptical about signing up. Read more. |
 | One of the three major credit bureaus was breached at the end of July, spilling Social Security numbers and other personal information to identity thieves. Read more. |
 | Rakuten unlocks cash back on your everyday purchases. Here’s how it works and how much money you can earn from major retailers. Read more. |
💼 The Average American Worker Is Losing Confidence
The Fed’s dual mandate, in case you need a reminder, is maximum employment and stable prices.
The former, max employment, has started looking shakier lately. Employment numbers have come under extra scrutiny of late.
Phil Rosen of Opening Bell Daily pointed out a dataset that hasn’t made as many headlines but gives more of the sentiment of American workers.
The New York Fed’s Survey of Consumer Expectations for August came out this week. As you can see, the perception is moving negatively:
Odds of finding another job if you lose your current one: 44.9% (-5.8% month-over-month)*
Odds of leaving a job by choice in the next year: 18.9% (-0.1%)
Odds of losing your job in the next year: 14.5% (+0.1%)
Expectations that the unemployment rate will be higher in 12 months: 39.1% (+1.7%)
*The 44.9% figure is the lowest on record with a dataset that started in 2013.
Those with six-figure incomes lost the most confidence in finding a new job if they lose their current job (down almost 15% in August).
📊 Stat of the Day
🏹 15.8%: The increase in Robinhood’s stock price Monday. The investment company, which Clark has held a love/hate relationship with, shot up in price due to its acceptance into the S&P 500, showing how significant that is for publicly-traded companies.
💰️ Deal Alert: Today’s Top Deals
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🎙️ Podcast
Have you ever wondered why the stock market seems to be doing great while the economy feels just... okay? In this episode, fiduciary financial advisor Wes Moss explains why the stock market often tunes out economic "noise" like geopolitical events and rising unemployment. He reveals the number one thing that drives stock performance — and it's not what you think. Also, you've done all the right things: created a will, set up a trust, and made your wishes clear. So why do so many estate plans — even those of celebrities like Jimmy Buffett — end up in messy family feuds and court battles? Wes has the answer.
☎️ Need Money Help?
The Team Clark Consumer Action Center is a free helpline that can help you navigate your money questions. Call 636-492-5275. Visit clark.com/cac for more information.
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