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A house is fully engulfed by flames at the Dixie Fire, a wildfire near the town of Greenville

Why Insurers Are Reducing Coverage In Florida, California

The insurance industry is becoming increasingly sensitive to the effects of climate change on their businesses. Some insurers are reducing coverage or new policies in California and Florida. This raises difficult questions about the future of doing business in certain regions of the United States, too.
Brushfires on Maui's west coast rapidly spread to engulf the seaside town of Lahaina, forcing many to flee into the ocean

Hawaii Fire Death Toll Hits 53, Expected To Rise

Brushfires on the west coast of Hawaii's Maui island – fueled by high winds from a nearby hurricane – broke out Tuesday and rapidly engulfed the seaside town of Lahaina. The flames moved so quickly that many were caught off-guard, trapped in the streets or jumping into the ocean in a desperate bid to escape.
Special Counsel Jack Smith (L), and the target of his investigations, former US President and 2024 presidential hopeful Donald Trump

Trump Faces Fresh Charges In Documents Case As Legal Woes Grow

Former US president Donald Trump faced fresh charges Thursday alleging that he attempted to obstruct the investigation into the mishandling of top-secret documents by conspiring to delete surveillance footage at his Mar-a-Lago property in Florida.
The Fed is widely expected to raise interest rates by 25 basis points -- chief Jerome Powell will address reporters after the decision is released

Powell: Fed Is No Longer Forecasting US Recession

The Federal Reserve is no longer forecasting a recession for the U.S. economy, according to Fed Chair Jerome Powell.The FMOC increased the benchmark lending rate by a quarter percentile on Wednesday in an effort to keep inflation on a downward trend.
Climate change is causing increasingly frequent and intense heat waves in major cities across the United States, like Miami

How Extreme Heat And Weather Affect US Business

Climate observers anticipate a hotter climate will make it harder to work outdoors, raise the cost of electricity, affect the reliability of the food supply and make it harder to insure homes and businesses.
Samuel Altman, CEO of OpenAI, is sworn in during a Senate Judiciary Subcommittee on artificial intelligence

Why The FTC Is Investigating OpenAI

Regulation is coming to the free-for-all world of artificial intelligence, as the Federal Trade Commission is taking a keen interest in ChatGPT parent company OpenAI.


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