economic

Wildfires during pandemic intensify economic pain in West

The fires consuming the forests of California and Oregon and darkening the skies over San Francisco and Portland are also damaging a regional economy already singed by the coronavirus outbreak. Wildfires are destroying property, running up huge losses for property…

Fed cuts rates for first time since 2008

The Federal Reserve on Wednesday lowered interest rates for the first time since the Great Recession in 2008 to help stave off the possibility of an economic downturn.