Weather
European insurance giants take $3.5 billion hit from Los Angeles wildfires — beating estimates
Financial losses stemming from the California wildfires earlier this year have risen to at least $3.5 billion for European insurance giants, according to CNBC’s calculations. The insured losses, mainly from reinsurance claims, are being borne by 10 large, listed firms in Europe, mainly centered in Germany, the U.K., Switzerland and France. Germany-listed Munich Re and […]
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Insurers brace for impact as NOAA predicts above-average hurricane season
John Cangialosi, Senior Hurricane Specialist at the National Hurricane Center, inspects a satellite image of Hurricane Beryl, the first hurricane of the 2024 season, at the National Hurricane Center on July 1, 2024 in Miami, Florida. Joe Raedle | Getty Images News | Getty Images Government scientists on Thursday released a forecast for the 2025 […]
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USAID team fired while in Myanmar earthquake zone, ex-official says
A flag outside of the U.S. Agency for International Development (USAID) headquarters is seen on February 03, 2025 in Washington, DC. Kevin Dietsch | Getty Images Three U.S. aid workers were laid off while in Myanmar helping the rescue and recovery from the country’s massive earthquake, a former senior staffer said, as the Trump administration’s […]
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As Trump guts foreign aid, China and others lead Myanmar earthquake response
Rescue personnel work at the site of a building that collapsed after a strong earthquake struck central Myanmar on Friday, earthquake monitoring services said, which affected Bangkok as well, with people pouring out of buildings in the Thai capital in panic after the tremors, in Bangkok, Thailand, March 28, 2025. Athit Perawongmetha | Reuters BANGKOK […]
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Aid rushes into Myanmar after earthquake kills over 1,600, ravages cities
Thai rescue workers arrive on scene at a construction building collapse in the Chatuchak area following an earthquake on March 28, 2025 in Bangkok, Thailand. Lauren Decicca | Getty Images News | Getty Images Foreign rescue teams and supplies arrived in Myanmar on Sunday to help the impoverished country cope with an earthquake that killed […]
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Myanmar’s earthquake death toll jumps to more than 1,000 as more bodies recovered from the rubble
TOPSHOT – People drive on a motorbike past a collapsed building in Mandalay on March 28, 2025, after an earthquake in central Myanmar. A powerful earthquake rocked central Myanmar on March 28, buckling roads in capital Naypyidaw, damaging buildings and forcing people to flee into the streets in neighbouring Thailand. (Photo by AFP) (Photo by […]
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Bangkok declares ‘disaster zone’, 83 trapped under collapsed building after Myanmar earthquake
Thai rescue workers arrive on scene at a construction building collapse in the Chatuchak area following an earthquake on March 28, 2025 in Bangkok, Thailand. Lauren Decicca | Getty Images News | Getty Images Bangkok authorities declared the Thai capital a “disaster area” on Friday, after a powerful earthquake in Myanmar created tremors which caused […]
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Cyclone Alfred downgraded as millions of Australians stay indoors
Residents walk along the damaged foreshore of Nobby’s Beach located on the southern end of the Gold Coast on March 7, 2025. David Gray | Afp | Getty Images Ex-tropical cyclone Alfred lingered off the south-east Australian coast on Saturday and forecasters said Brisbane is likely to miss the worst of the storm, a relief […]
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Firings at the U.S. weather and oceans agency risk lives and the economy, former agency heads warn
Signage outside the National Oceanic and Atmospheric Administration (NOAA) Center for Weather and Climate Prediction headquarters in College Park, Maryland, US, on Thursday, Dec. 5, 2024. The conservative Project 2025 roadmap calls for slashing NOAA funding at a time when China is investing heavily in climate research. Photographer: Michael A. McCoy/Bloomberg via Getty Images Michael […]
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L.A. wildfire victims face financial anxiety amid recovery: ‘The uncertainty is very unsettling’
Key Points The Los Angeles wildfires that started on Jan. 7 are likely to be the costliest in U.S. history. Residents impacted by the Palisades Fire and the Eaton Fire now face ample financial questions and worries, tied to issues like homeowners insurance and relocation. It will take time to sort out many of their […]
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