Swiss Re expects L.A. wildfires to cost the global insurance industry $40 billion, making them the costliest U.S. fires ever
Read more at MarketWatch
-
Munich Re announces buybacks even after saying it expects $1.2 billion in claims from California fires
Shares of Munich Re climbed on Wednesday after the German reinsurer stuck to its outlook, despite announcing hefty expected claims from California wildfires.MarketWatch - 1d -
California governor asks Congress for nearly $40 billion for LA wildfire relief
California Gov. Gavin Newsom has asked Congress to approve nearly $40 billion in aid to help the Los Angeles area recover from January’s devastating wildfiresABC News - 4d -
Newsom requests nearly $40 billion in disaster aid following Los Angeles wildfires
California Gov. Gavin Newsom (D) sent a letter to members of Congress requesting nearly $40 billion in funding to rebuild communities after wildfires devastated the Pacific Palisades and Altadena ...The Hill - 4d -
California Gov. Gavin Newsom asks Congress for nearly $40 billion for Los Angeles wildfire relief
SACRAMENTO, Calif. — California Gov. Gavin Newsom has asked Congress to approve nearly $40 billion in aid to help the Los Angeles area recover from January’s devastating wildfires, which he said ...NBC News - 4d -
Bad DOGE: Firing IRS workers will fuel tax cheating and cost billions
Cutting IRS jobs may sound appealing to some, but the long-term consequences could be disastrous.The Hill - 2d -
L.A. fire victims face a dilemma: Sell their burned-down homes at a loss, or pay a staggering cost to rebuild?
Homeowners have been warned not to take lowball offers — but what is a reasonable price for a fire-damaged lot in one of the country’s most expensive real-estate markets?MarketWatch - 5d -
FireAid distributes first $50 million to L.A. wildfire relief groups
These grants coming from the massive benefit concert in January will prioritize immediate recovery services for displaced residents, workers, small-business owners and first responders.Los Angeles Times - Feb. 18 -
A look at the effort to save historic tiles from the L.A. wildfires
A group has banded together to try to preserve antique tiles amid the devastation in Altadena from the L.A. wildfires. CBS Los Angeles' Alys Martinez has the story behind Save the Tiles.CBS News - 3d -
L.A. County has cut homelessness, but wildfires threaten to erase gains
As Los Angeles looks to recover from historic wildfires, previously unsheltered and chronically homeless people are facing even greater instability.CBS News - 2d
More from MarketWatch
-
Here’s why the U.S. is not working to vaccinate birds against avian flu
More than 160 million birds have been culled during the bird-flu outbreak that started in 2022. So why is the U.S. not vaccinating chickens?MarketWatch - 3m -
Here’s why the U.S. is not working to vaccinate birds against avian flu
More than 160 million birds have been culled during the bird-flu outbreak that started in 2022. So why is the U.S. not vaccinating chickens?MarketWatch - 3m -
Mortgage rates are falling. Here’s how much income you need now to buy a house for $250,000, $400,000 and $1 million
Mortgage rates fell for the sixth week in a row, offering more financial relief to home buyers.MarketWatch - 13m -
Trump to ratchet up China tariffs again. Here’s why American consumers will feel the pain this time.
New York Fed analysis suggests “missing imports” from China could mean higher costs ahead.MarketWatch - 27m -
AMC’s most liquid bond is rallying following the movie-theater chain’s fourth-quarter results
AMC reported better-than-expected fourth-quarter revenue this week, boosted by an improving box officeMarketWatch - 28m
More in Business
-
Here’s why the U.S. is not working to vaccinate birds against avian flu
More than 160 million birds have been culled during the bird-flu outbreak that started in 2022. So why is the U.S. not vaccinating chickens?MarketWatch - 3m -
Here’s why the U.S. is not working to vaccinate birds against avian flu
More than 160 million birds have been culled during the bird-flu outbreak that started in 2022. So why is the U.S. not vaccinating chickens?MarketWatch - 3m -
Consumer Financial Protection Bureau drops lawsuits against Capital One and Berkshire, Rocket Cos. units
The moves are the latest sign of the abrupt shift at the agency since acting CFPB director Russell Vought took over this monthCNBC - 12m -
Mortgage rates are falling. Here’s how much income you need now to buy a house for $250,000, $400,000 and $1 million
Mortgage rates fell for the sixth week in a row, offering more financial relief to home buyers.MarketWatch - 13m -
Tate brothers arrive in US after Romania lifts travel ban
Right-wing influencers Andrew and Tristan had been detained on charges including sexual exploitationFinancial Times - 27m