Economy - Finance > Sector

Climate events have cost the US economy more than $500 billion over the last 5 years, Fed official says

6 days ago   |   By Business Insider

Climate- and weather-related events have directly cost the US more than $500 billion over the past five years, according to a Federal Reserve official.
In addition to causing damage to natural resource and infrastructure, global warming is expected to disrupt business operations and economic activity in the coming years.
In January, top economists from both sides of the aisle signed a letter that said climate change was "a serious problem calling for immediate national action."
Visit the Business Insider homepage for more stories .
Climate and weather-related events have directly cost the...
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Alibaba says Singles' Day sales hit 91.2 billion yuan in first hour

Alibaba says Singles' Day sales hit 91.2 billion yuan in first hour

6 days ago   |   By Reuters

Chinese e-commerce giant Alibaba Group Holding Inc said on Monday that sales for its annual Singles' Day shopping blitz hit 91.2 billion yuan within the first hour, up 32% from last year's early haul of 69 billion yuan.
Read more ...

 

Climate events have cost the US economy more than $500 billion over the last 5 years, Fed official says

Climate events have cost the US economy more than $500 billion over the last 5 years, Fed official says

6 days ago   |   By Business Insider

Climate- and weather-related events have directly cost the US more than $500 billion over the past five years, according to a Federal Reserve official.
In addition to causing damage to natural resource and infrastructure, global warming is expected to disrupt business operations and economic activity in the coming years.
In January, top economists from both sides of the aisle signed a letter that said climate change was "a serious problem calling for immediate national action."
Visit the Business Insider homepage for more stories .
Climate and weather-related events have directly cost the...
Read more ...

 


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