natural disasters

When so much critical infrastructure is based in one place, the dangers of disruption to supply chains can run high. The market reaction to Taiwan’s powerful earthquake on Wednesday showed how companies in the semiconductor supply chain have been ready for this moment for years. The 7.4...

President Joe Biden announced new funding Wednesday in an address to the nation in the wake of recent natural disasters that have wreaked havoc across Hawaii and Florida.  What To Know: Weeks after wildfires ripped across Hawaii and just hours after Hurricane Idalia made landfall in...

Hurricane Hilary rapidly intensified into a Category 4 storm, gaining strength as it moved off Mexico's west coast. Seasonally warm waters are fueling Hilary's development, taking it from a tropical storm to boasting winds of 145 miles per hour, as of Friday morning, according to the Los Angeles...

A jury in Oregon has ruled on damages against an energy company related to wildfires in the state in 2020. Here’s the company's link to Warren Buffett and more on the potential fines. What Happened: Electric utility company PacifiCorp was found liable for damages related to September...

The Algorand Foundation (CRYPTO: ALGO) announced the initial launch of the Kare Survivor Wallet. This project is a collaboration with the Disaster Services Corporation Society of St. Vincent de Paul USA (DSC SVDP-USA) and National Voluntary Organizations Active in Disaster (National VOAD...

The Procure Disaster Recovery Strategy ETF (NASDAQ: FEMA) gapped down about 0.5% on Friday on lower-than-average volume after gapping up to reach an all-time high of $27.30 on Thursday. Although the ETF currently lacks liquidity, FEMA outperformed the S&P 500 by almost 50% since Oct. 13,...

The National Oceanic and Atmospheric Administration's (NOAA) Climate Prediction Center forecasts a 65% chance of above-average hurricane activity for the 2022 season, making it the seventh consecutive year of above-average cyclone activity. NOAA predicts 14 to 21 named storms in the 2022...

Southern California residents were rattled again Friday morning as a major aftershock hit the region a day after the strongest earthquake in 20 years on Thursday. What Happened The 5.4-magnitude aftershock jolted residents out of bed just after 4 a.m. Pacific time near the high desert town of...

Even as memories of the 2010 Icelandic volcano grounding thousands of flights across Europe remain fresh, there are signs of another volcanic eruption in Iceland. The nation's meteorological department said two earthquakes of magnitude of about 4.5 occurred in the north-east part of the Katla...