Latest in U.S. economic losses from natural disasters reach $218 billion in 2024
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Disaster Losses Rose in U.S. in 2024 While Easing Globally
Damage from two hurricanes and a series of punishing wildfires left a price tag of $218 billion in economic costs last year, an 85 percent jump from 2023.Inc. - 1d -
Tips on overcoming the loss of cherished, personal belongings in disasters
Losing sentimental belongings can be traumatic for those who go through disasters that destroy homesABC News - 2d -
Trump's latest float: Major disaster relief changes: From the Politics Desk
President Donald Trump targeted FEMA on his first trip since taking office, visiting states that have been hit by natural disasters.NBC News - 1d -
U.S. economic losses from natural disasters reach $218 billion in 2024
Economic toll from hurricanes and other natural disasters soared in U.S. last year and were above average globally.CBS News - 1d -
How the Woolly Mammoth Could Prevent Trillions in Economic Loss
Colossal Biosciences isn’t bringing the woolly mammoth back just for fun. We need it.Inc. - 1d -
Chess: Dommaraju Gukesh recovers from brush with disaster at Wijk aan Zee
The 18-year-old Indian world champion was losing his first-round game in the Netherlands but his Dutch opponent, Anish Giri, blundered fatally when short of time. Gukesh Dommaraju played and won ...The Guardian - 1d -
Boeing expects $4 billion loss for fourth quarter after chaotic 2024
Boeing outlined expected results and charges across its business in preliminary fourth-quarter results.CNBC - 2d -
From tax lottery to tax credit: A better way to help disaster victims
As natural disasters leave many Americans facing economic hardship, the tax code's casualty loss deduction is providing assistance primarily to the wealthiest taxpayers. A reformed casualty tax ...The Hill - 2d -
Sacklers, Purdue Pharma reach $7.4 billion settlement in opioid lawsuits
Purdue Pharma and the Sackler families agreed Thursday to increase their financial contribution to $7.4 billion to resolve mass opioid litigation.ABC News - 2d -
Adapting to climate change amid rising natural disasters
As powerful weather events become more frequent, CBS News' Jonathan Vigliotti examines how we can adapt. He reflects on the recent Los Angeles wildfires, the planet's hottest year on record, and ...CBS News - 3d -
How to navigate financial recovery if you lose your home in a natural disaster
CBS News business analyst Jill Schlesinger joins "CBS Mornings" to explain how to financially recover and navigate your insurance claim if you lose your home in a natural disaster.CBS News - 3d -
Wales 'lacks plan' to tackle scale of nature loss
One in six species - such as water voles and curlews - are at risk of vanishing from Wales.BBC News - 6d -
Architectural losses from the L.A. wildfires
Thousands of structures were destroyed in the Los Angeles wildfires, including some architectural and historic landmarks. "Sunday Morning" looks at some of the treasures lost.CBS News - 6d -
Alyssa Naeher named 2024 U.S. Soccer Female Player of the Year as she retired from USWNT action
Naeher is just the second goalkeeper to win the award in 40 years.CBS Sports - Jan. 18 -
Tax breaks are becoming more generous for natural-disaster victims — just in time for Los Angeles wildfire victims, experts say
A longtime effort to make tax breaks more generous for victims of natural disasters is finally coming to fruition just as wildfire victims are staring at billions of dollars of devastation around ...MarketWatch - Jan. 18 -
I.M.F. Raises U.S. Economic Forecast as Other Regions Lag
It is projecting 2.7 percent growth for 2025. But uncertainty about pending Trump policies looms over the global economic trajectory.The New York Times - Jan. 17 -
Reinsurers little exposed to LA fires after retreat from disaster risks
Firms intended to backstop frontline insurers raised rates and increased recovery thresholds after losses on prior blazesFinancial Times - Jan. 17 -
EV, hybrid sales reached a record 20% of U.S. vehicle sales in 2024
DETROIT — Sales of all-electric vehicles and hybrid models reached 20% of new car and truck sales in the U.S. for the first time last year — marking a landmark year for “green” vehicles but coming ...NBC News - Jan. 16 -
Toyota reaches $1.6 billion settlement of emissions fraud case in U.S.
U.S. officials announced a $1.6 billion deal with Toyota's Hino Motors unit to settle charges it deceived regulators about the amount of emissions spewed by its diesel engines.CBS News - Jan. 16 -
Tax Deadline for 2024 Disaster-Hit Small Businesses Nears
The IRS cautions many small businesses that the filing extension periods given after natural disasters last year will end in early February, though other will have until May.Inc. - Jan. 15 -
Newsom says California wildfires will be one of the worst natural disasters in U.S. history
California Gov. Gavin Newsom told NBC News’ “Meet the Press” Saturday that the Los Angeles-area wildfires will be one of the worst natural disasters in U.S. history and called for an independent ...NBC News - Jan. 12 -
From U.S. Steel to the ‘Art of the Deal’ — Trump’s opportunity for economic statecraft
The deal-focused orientation of President-elect Trump can serve as both the carrot and the stick in a new diplomatic paradigm.The Hill - Jan. 12 -
Gov. Newsom says L.A. wildfires could be worst natural disaster in U.S. history: Full interview
California Gov. Gavin Newsom (D) exclusively speaks with NBC News Correspondent Jacob Soboroff as wind-fed wildfires sweep through the Los Angeles area.NBC News - Jan. 12 -
Lasting psychological impacts of natural disasters on survivors
As massive flames continue to ravage Southern California, survivors are left to pick up the pieces. Dr. Sue Varma talks about the long-term psychological effects of natural disasters, highlighting ...CBS 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 -
How to talk to kids about natural disasters
Here are some practical, research-backed ways to talk to children about natural disasters while keeping their emotional well-being—and your own—in mind.ABC News - Jan. 9 -
European imports of liquefied natural gas from Russia at ‘record levels’
Rystad Energy releases data days after Ukraine stopped flows of Russian gas through its pipelines. Europe bought a record amount of liquefied natural gas from Russia last year, data shows, despite ...The Guardian - Jan. 9 -
As natural disasters intensify, affected student loan borrowers have options
Federal student loan borrowers affected by the wildfires ripping across Southern California have relief options if they’re worried about keeping up with their payments as they recover.NBC News - Jan. 8 -
Economic loss from California wildfires could reach $52B-57B: Report
Total damage from the devastating wildfires scorching Southern California could amount to between $52 billion and $57 billion in economic losses, according to a new analysis. The estimate, issued ...The Hill - Jan. 8 -
As natural disasters intensify, affected student loan borrowers have options
Federal student loan borrowers impacted by the latest wildfires in California and other natural disasters have options if they're struggling.CNBC - Jan. 8 -
Microsoft Says AI Will Lead To Job Losses, Invests $80 Billion In The Tech
Microsoft has doubled down on its plan to invest $80 billion into artificial technologies in 2025, while at the same time admitting that advancements to the technology will lead to job losses. This ...GameSpot - Jan. 6 -
Trump Sees the U.S. as a ‘Disaster.’ The Numbers Tell a Different Story.
President Biden is bequeathing his successor a nation that by many measures is in good shape, even if voters remain unconvinced.The New York Times - Jan. 5 -
The Biggest U.S. Retailers Increased Their Dominance in 2024
Using distinct but overlapping business models, Amazon, Costco, and Walmart captured over half of recent growth in retailing, and are squeezing smaller rivals hard.Inc. - Jan. 3 -
Biden blocks Japan's Nippon Steel from $15 billion takeover of U.S. Steel
President Joe Biden said Friday that he has decided to block a $15 billion takeover of U.S.NBC News - Jan. 3 -
The Fallout from U.S. Steel
Nippon Steel’s $14 billion takeover bid for the steelmaker appears doomed, with President Biden expected to reject it. Litigation and diplomatic turmoil could follow.The New York Times - Jan. 3 -
Life Lessons From the Masters of Disaster
The President-elect and the mayor of Chicago are great examples of how not to behave at critical moments. Entrepreneurs, take note.Inc. - Jan. 2 -
Removal of waste from site of 1984 Bhopal disaster dismissed as ‘farce’
Indian government accused of PR stunt after moving 337 tonnes of toxic waste that had been held in containers. Forty years after one of world’s deadliest industrial disasters struck the Indian city ...The Guardian - Jan. 2 -
Ukraine Halts the Flow of Natural Gas From Russia to Europe
A transnational pipeline was shut down on Wednesday after Kyiv refused to renew a prewar agreement that allowed for the transit of Russian gas through its territory.The New York Times - Jan. 1