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

Analysts at Goldman Sachs warn that the recent fires in Los Angeles County could become the most costly in California's history. Losses might reach up to $40 billion, placing these fires among the 20 most expensive natural disasters in the U.

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.

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.

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,

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

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

Goldman Sachs CEO David Solomon told Cisco CEO Chuck Robbins in an on-stage event on Wednesday that the multi-year IPO drought should be coming to an end. "It's going to pick up," Solomon said, noting that the IPO market has "been slow, it's been turned off.

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.