A public insurance adjuster may help negotiate a better insurance payout for residents who lost their homes in the Los Angeles wildfires.

The ongoing disaster will affect residents’ health, local industries, public budgets and the cost of housing for years to come.

Wall Street has embraced generative AI faster than any other disruptive tech in recent years because of how adept the models are in replicating human cognition.

While the insurance cost of the devastation is estimated to be around $30 billion, another tally puts the total damage at upward of $250 billion.

Devastating fires in the Los Angeles area are likely to put modest pressure on the U.S. national economy in the

Amid the devastating wildfires in Los Angeles, some social media users are pointing fingers at OpenAI’s ChatGPT. The fires, which have burned over 17,200 acres, displaced tens of thousands and sparked heated discussions on climate policies and water management,

The Wall Street CEO discussed growing confidence among business leaders after his bank’s strong fourth-quarter report.

JPMorgan, Wells Fargo, Goldman Sachs and Citi kicked off earnings season on Wednesday with their December-quarter results.

A group of Pacific Palisades residents and businesses impacted by the Palisades Fire has filed a lawsuit in Los Angeles against the city's Department of Water and Power.

Analysts at Goldman Sachs warn that the recent fires in Los Angeles County might become the most costly in California's history. Losses could reach up to $40 billion (€38 billion), making it one of the 20 most expensive natural disasters in the US relative to GDP.

According to a recent estimate by Goldman Sachs, losses to insurance companies resulting from the Los Angeles wildfires could be as high as $30 billion.

Firefighters are working around the clock to contain the Palisades Fire and Eaton Fire. Thousands of people were forced to evacuate when the blazes ignited and destroyed more than 12,000 structures. Here are the latest updates.