Latest news with #climate disasters
Bloomberg
5 days ago
- Climate
- Bloomberg
Torrential Rains Cause Flash Flooding Across New York Area
Good morning. Torrential downpours create flooding across New York. Nvidia plans to resume AI chip sales in China. And we explain what Donald Trump's new bill means for your taxes. Listen to the day's top stories. Torrential downpours unleashed flash flooding around New York, New Jersey and Connecticut last night. Multiple subway stations were inundated, forcing the MTA to suspend or severely delay service across several lines. Meanwhile, Texas is braced for another round of heavy rain. Read our explainer on why the state is so vulnerable to climate disasters.
Bloomberg
6 days ago
- Climate
- Bloomberg
Why Texas Is So Vulnerable to Climate Disasters
Texas is reeling from floods that have killed more than 100 people and caused an estimated $18 billion to $22 billion in damage. It's the latest in a string of climate disasters to hit the state hard, including 2017's Hurricane Harvey, which left Houston underwater, the 2021 deep freeze that knocked out the state's power grid, and multiple severe weather outbreaks last year that caused billions of dollars in losses.
