Latest in As wildfire damage climbs to $40 billion, homeowners face higher insurance costs
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Aerial footage reveals extensive damage as Los Angeles area wildfires rage on
CBS News' Maurice Dubois gets a firsthand aerial look at how once-sprawling California communities have been destroyed by the wildfires.CBS News - Jan. 13 -
Eye Opener: Los Angeles wildfire death toll climbs as Santa Ana winds fuel new fire fears
As high winds continue to threaten Los Angeles, the death toll from the unprecedented wildfires rises. Also, confirmation hearings for President-elect Donald Trump's Cabinet nominees begin this ...CBS News - Jan. 13 -
Los Angeles area wildfire evacuees face price gouging
Forced to evacuate their homes amid perilous wildfires, Los Angeles residents now face price gouging while trying to find places to live.CBS News - Jan. 12 -
Trump has not responded to invitation to survey L.A. wildfire damage, Gov. Newsom says
During an exclusive interview with NBC News Correspondent Jacob Soboroff, California Gov. Gavin Newsom (D) says he wants President-elect Donald Trump to "take a look for himself" at the damage ...NBC News - Jan. 12 -
LA County supervisor pens letter to Trump asking him to visit wildfire damage
The Los Angeles County Board of Supervisors Chair urged President-elect Trump to visit the burning region in a Friday letter to the incoming leader. “I've sent a letter to President-Elect ...The Hill - Jan. 12 -
‘We’ve had two cars for 40 years’: With congestion charges, insurance and gas prices — should we sell our second car? Or will we regret it?
“I’m semi-retired working about 20 hours a month at my own business.”MarketWatch - Jan. 11 -
How to climb Everest in a week
An Austrian guide will soon lead trips up the world’s highest peak in less time than an average beach holiday. Is adventure travel going too high, too fast?Financial Times - Jan. 11 -
As L.A. Wildfire Damages Hit $20 Billion Estimate, Insurers Slump
The wildfire may be the costliest disaster in California history.Inc. - Jan. 10 -
Elected officials in California facing criticism over wildfire response
At least 10 people are dead and over 300,000 have been ordered or warned to evacuate as wildfires continue to devastate parts of Southern California. Some residents have been quick to blame ...CBS News - Jan. 10 -
How much does it cost to insure 1-ounce gold bars in 2025?
Planning to add 1-ounce gold bars to your portfolio? here's what you could pay to insure them this year.CBS News - Jan. 10 -
Insurance stocks sell off sharply as potential losses tied to LA wildfires increase
Allstate, Chubb and Travelers are the most exposed carriers to insured losses in the wildfires, according to JPMorgan.CNBC - Jan. 10 -
Gaza death toll 40% higher than official number, Lancet study finds
Analysis estimates death toll by end of June was 64,260, with 59% being women, children and people over 65. Research published in the Lancet medical journal estimates that the death toll in Gaza ...The Guardian - Jan. 10 -
California homeowners battle an 'insurance crisis' as wildfires burn out of control
The wind-driven wildfires burning out of control in the Los Angeles area couldn't have emerged at a more perilous moment for California's homeowners, as officials try to rehab what they concede is ...NBC News - Jan. 10 -
California official bans insurance cancellations, nonrenewals in wildfire-affected areas
California's insurance commissioner issued a one-year moratorium on policy nonrenewals and cancellations in areas affected by devastating wildfires in and around Los Angeles. “I am using my ...The Hill - Jan. 10 -
Eye Opener: California wildfire death toll climbs
The number of dead climbs in Los Angeles, as officials face tough questions about what led to one of the most devastating fires in California history. Also, a massive winter storm is causing ...CBS News - Jan. 10 -
California Wildfires Lay Bare an Insurance Crisis
Even before the latest blazes, California officials warned that an emergency state insurance fund was in trouble, while private insurers dropped coverage.The New York Times - Jan. 10 -
L.A. wildfires to cost insurers more than $20 billion. Three companies are likely to foot most of the bill.
Allstate, Chubb and Travelers are likely to be the publicly traded insurance carriers most affected, as they are the most exposed to the California homeowners’ market.MarketWatch - Jan. 10 -
WATCH: Insurance expert on how to prepare for insurance claims amid California fires
ABC News’ Linsey Davis speaks with insurance broker Karl Susman about the difficulty of insuring homes and making fire claims in California as residents begin to survey the damage left by the fire.ABC News - Jan. 9 -
LA wildfire damages set to cost record $135bn
Some of the most expensive properties in the US have been wiped out by the fires.BBC News - Jan. 10 -
L.A. wildfires have caused more than $135 billion in economic losses — and counting
Fires across Southern California are already one of the most damaging in the states history.MarketWatch - Jan. 10 -
Thousands of L.A. homeowners do not have insurance amid fires
Thousands of Los Angeles homeowners do not have home insurance. Several private insurers in California have either raised prices or completely removed their coverage in at-risk areas. Business ...CBS News - Jan. 9 -
California wildfire before and after images show damage, but look out for fake pictures online
The Palisades Fire in Los Angeles has burned more than 17,000 acres, or roughly 20 times the size of Central Park as of Thursday. CBS News confirmed executive editor Rhona Tarrant joins "The Daily ...CBS News - Jan. 9 -
Los Angeles officials face questions, criticism as out-of-control wildfires continue to rage
Authorities estimate that as of Thursday, more than 5,000 structures have been destroyed by the wildfires that have torched more than 30,000 acres across Los Angeles. Many questions remain about ...CBS News - Jan. 9 -
Fox Must Face Smartmatic’s $2.7 Billion Defamation Lawsuit, Court Rules
The complaint, which arose out of Fox News’s promotion of vote-rigging conspiracy theories after the 2020 U.S. presidential election, is on track to proceed to trial.The New York Times - Jan. 9 -
Los Angeles mayor faces backlash over wildfires
Los Angeles Mayor Karen Bass repeatedly dodged questions about her leadership and alleged lack of initial presence during the ongoing wildfires affecting the area.ABC News - Jan. 9 -
Before the Palisades Fire, many of those homeowners had lost insurance
About 1,600 policies for Pacific Palisades homeowners were dropped by State Farm in July, the state insurance office says.CBS News - Jan. 9 -
Insurers brace for losses of up to $20bn from California wildfires
JPMorgan analysts double estimates as blazes continue to rageFinancial Times - Jan. 9 -
California wildfire victims face uncertain future: "It looks like a war zone"
While many who evacuated from the fires in California don't know if their homes survived, others found a way back — only to see that there was nothing left. For those who found their house was ...CBS News - Jan. 9 -
Albertsons leans on technology and cost cuts to go it alone — but faces this near-term hurdle
With no Kroger merger to rely on, grocery chain Albertsons said it would lean into an array of initiatives to drive growth.MarketWatch - Jan. 8 -
LA wildfire causes 'significant damage' at school made famous by Hollywood
A high school that appeared in films such as Carrie is said to have been impacted by blazes, according to an official.BBC News - Jan. 8 -
Heads say they face tough choices on school spending as costs rise
A new report says schools in England may have to make cuts to meet pupils' needs and cover pay rises.BBC News - Jan. 8 -
Navy faces steep shipbuilding costs
Welcome to The Hill's Defense & NatSec newsletter {beacon} Defense &National Security Defense &National Security The Big Story Navy's plan to build more ships faces steep costs The Congressional ...The Hill - Jan. 7 -
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5 ways seniors can lower their long-term care insurance costs in 2025
With these strategies, you can save on long-term care insurance costs while maintaining the coverage you need.CBS News - Jan. 3 -
NBA Power Rankings: Knicks surging ahead of showdown vs. Thunder, Lakers climbing as LeBron turns 40
Elsewhere, the Cavs might be the best No. 2 team in the history of Power RankingsCBS Sports - Jan. 3 -
Ken Griffin's flagship hedge fund at Citadel climbs 15.1% in 2024
The billionaire investor's handful of hedge funds all posted double-digit returns in 2024, led by its tactical trading strategy.CNBC - Jan. 2 -
GTA 6 Could Sell 40 Million Copies And Make $3 Billion In First Year Alone
According to a research company, Grand Theft Auto VI could bring in more than $3 billion in total revenues during the first 12 months after launch. A report from Financial Times cites data from ...GameSpot - Jan. 2 -
Arsenal climb to second after Gabriel Martinelli rounds off win at Brentford
Mikel Arteta wanted to send a warning to Liverpool that Arsenal can push them all the way for the Premier League title and this was evidence that they mean business. Facing a Brentford side ...The Guardian - Jan. 1