California Wildfire

The fires that devastated Pacific Palisades and Altadena, California have been a nightmare for thousands of citizens who have lost loved ones and their homes. Although the human cost of tragedies of this magnitude can never be calculated, the financial fallout will extend far beyond the fire's...

President Biden announced a one-time payment of $770 for victims of the ongoing California wildfires on Monday. What Happened: The announcement came during a wildfire briefing at the White House on Monday. The President emphasized that the federal support is not waiting for the fires to end, but is...

PG&E Corporation (NYSE: PCG) shares are down 11 percent on Friday after reports have surfaced claiming downed power lines may be responsible for starting the devastating wild fires in Northern California. Investors are majorly concerned about potential liability for the fires. An 11 percent...