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Disaster

$700 Billion Unpaid Mortgage Balances In Hurricane Harvey And Irma Disaster Areas

Even as the damage from Hurricanes Harvey and Irma is still being tallied, a preliminary assessment released last week by Black Knight Financial Services estimated that as many as 300,000 borrowers in the vicinity of Houston could become delinquent on their loans and 160,000 could become seriously delinquent, or more than 90 days past due. 

3 Dead After Buses Collide At New York City Intersection

3 Dead After Buses Collide At New York City Intersection

New York City officials say three people were killed and 16 more were injured when an MTA bus and a Dahlia charter bus collided in the Flushing neighborhood of Queens early Monday morning, AM New York reports.

The driver of the Dahlia bus, a passenger on the MTA bus and a pedestrian on the sidewalk died, officials said. At least 16 others were hurt, they said. The accident occurred at about 6:15 am at Main Street and Northern Boulevard, the FDNY said. One victim died at the scene, two others at the hospital, according to the Associated Press.

Gold, Guns, and Natural Disasters

Gold, Guns, and Natural Disasters

Before a forecast tropical storm, residents of a coastal floodplain keep one eye trained on the weather as they go about their daily business.  

Wary investors keep an eye out for potential political, geopolitical, as well as natural disasters.

Homeowners on the Gulf of Mexico take precautions against the potential for wind and water damage, as do market-minders seek indemnity from inflation and recession, up and down markets, changing tax policy, and potential for catastrophe. 

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