Stories tagged: "economic fallout"


While the economic toll of 2020's wildfires is still not known, the US has experienced huge increases in billion-dollar weather disasters in the past four decades due to climate change (AP Photo/Noah Berger).
Billion-Dollar Disasters Are More Frequent Than Ever in the US—Wildfires Are Only Part of That Toll

Wildfires in the West will have an enormous financial toll, but they are part of a more worrying trend of huge financial losses tied to extreme weather events caused by climate change.

Image via Shutterstock
We Might Finally Have an Effective COVID-19 Treatment, But the Economy Is Getting Worse

Word of the drug came as the U.S. government reported that American economic output is shriveling in the biggest and fastest collapse since the Great Depression.