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Business

“Salt water is making electric cars blow up after Hurricane Helene”

“…Salt water exposure can damage the battery components in electric vehicles, potentially leading to dangerous chemical reactions that could cause the vehicle to catch fire. Residents who may have left electric vehicles behind when they evacuated from affected areas are… Continue Reading…

Real Estate

“Mortgage applications plummet 14% as higher interest rates and Hurricane Ian crush demand”

“The highest mortgage rates in more than 20 years coincided with one of the deadliest hurricanes on record in the United States, both contributing to a steep drop in mortgage demand. Total mortgage application volume fell 14.2% last week compared… Continue Reading…

Economy

“Jamie Dimon says ‘brace yourself’ for an economic hurricane caused by the Fed and Ukraine war”

“JPMorgan Chase CEO Jamie Dimon says he is preparing the biggest U.S. bank for an economic hurricane on the horizon and advised investors to do the same… “You’d better brace yourself,” Dimon told the roomful of analysts and investors. “JPMorgan is bracing ourselves… Continue Reading…