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

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.

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.

The fires, likely to be the costliest in world history, were made about 35% more likely due to the 1.3°C of global warming that has occurred since preindustrial times.

Goldman Sachs Promotes Several Executives to Reinforce Wall Street Dominance (Reuters) - Goldman Sachs is tapping several executives to lead its prized Wall Street businesses, it said on Tuesday ...

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.

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