Weekly Buzz: Finally a Good Week for 2025
Wall Street Today: Trump's on Deck After Market Nearly Hits Year High
Live Stock News: Market Climbs, TikTok Ban Confirmed, Intel for Sale, Week Ends with Positivity
Wall Street Today: Thursday Earnings Looked a Lot More Mixed, and Philly is Booming
10 Financials Stocks With Whale Alerts In Today's Session
Live Stock News: Sideways Trading Market After Big TSMC, UNH Earnings, Philly Economy is Booming
Wall Street Today: JPM and Banking Leads Market Higher
Live Stock: Banks Break the Bank on Earnings, Inflation Looks Tame for Dec
Wall Street Today: Market Barely Climbs, Wholesale Inflation Grows Less Than Feared
LA Fire Damage Revised up to $250B-$275B in Latest AccuWeather Estimate
Live Stock News: Tuesday Market Climbs and TikTok Sale Might be Incoming
AIG Is Maintained at Equal-Weight by Wells Fargo
American Intl Gr Analyst Ratings
Wells Fargo Maintains American International Group(AIG.US) With Hold Rating, Raises Target Price to $77
Express News | American International Group, Inc. : Wells Fargo Raises Target Price to $77 From $76
The California wildfires continue to become "politicized"! Trump seizes the opportunity to attack his political opponents: they had the chance to protect the forests.
① Southern California in the USA continues to face wildfires, with limited progress in firefighting efforts. Trump criticized California Governor Newsom for not adequately protecting forests, claiming that the Los Angeles area is "left desolate." ② There are a total of 105 wildfires across California, with areas burned exceeding 163 square kilometers, 12,300 buildings destroyed, and 0.15 million residents evacuated in Los Angeles County.
Institutions predict that the total losses from the Los Angeles wildfires may exceed 250 billion dollars, with insurance losses potentially reaching 30 billion dollars.
Wildfires in the Los Angeles area of the United States have been raging for nearly a week, and according to the latest estimates from Wells Fargo & Co, this could result in losses of up to 30 billion dollars for the Insurance industry, far exceeding the approximately 20 billion dollars in losses predicted by JPMorgan last week. According to a report by Wells Fargo & Co to clients over the weekend, homeowners' insurance companies will bear the brunt of the costs, with Allstate, Chubb, American International Group, and Travelers Cos among the companies tracked by Wells Fargo & Co having the largest exposure. Analysts state that the insurance company with the greatest untracked exposure is Wells Fargo & Co.
California Fires Seen Causing $30B in Insured Losses, Wells Fargo Says
Wall Street Today: Market Turns Around, Let's See if it Lasts
Live Stock News: Monday Market Falling, 'Too Big to Fail' Earnings to Start Q1 Report Season