Los Angeles fire losses could reach $30 billion for insurers
Multiple fires raging across the Los Angeles area will cost insurers as much as $30 billion, Wells Fargo and Goldman Sachs ...
What Los Angeles fire victims can expect from their insurance adjuster
A public insurance adjuster may help negotiate a better insurance payout for residents who lost their homes in the Los ...
Economic Toll of Los Angeles Fires Goes Far Beyond Destroyed Homes
The ongoing disaster will affect residents’ health, local industries, public budgets and the cost of housing for years to ...
The Cost of the Los Angeles Fires Is Looking Like $30 Billion—and Counting
While the insurance cost of the devastation is estimated to be around $30 billion, another tally puts the total damage at ...
Goldman Sachs rolls out an AI assistant for its employees as artificial intelligence sweeps Wall Street
Wall Street has embraced generative AI faster than any other disruptive tech in recent years because of how adept the models ...
ClimateConnections1d
Climate change made deadly Los Angeles wildfires 35% more likely: new attribution study
The fires, likely to be the costliest in world history, were made about 35% more likely due to the 1.3°C of global warming ...
How Do You Measure the Economic Toll of the L.A. Wildfires?
Perhaps no recent climate-related event better illustrates the myriad ways that climate change will affect the U.S. economy.
Bank earnings: JPMorgan, Wells Fargo, Goldman Sachs post beats, and Citi swings to a profit
JPMorgan, Wells Fargo, Goldman Sachs and Citi are kicking off earnings season on Wednesday with their December-quarter results.