The Economic Toll of the Los Angeles Fires

WSJ What’s News

The Wall Street Journal

Daily News, News

4.1 • 4.2K Ratings

🗓️ 9 January 2025

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Summary

P.M. Edition for Jan. 9. As wildfires continue to rage around Los Angeles, experts are starting to get a sense of their staggering toll. WSJ reporter Jean Eaglesham talks about how homeowners insurance could change in a state ravaged by fire. And five presidents were among the leaders honoring former President Jimmy Carter at his funeral today. WSJ reporter and editor Aaron Zitner reflects on differences between Carter’s political moment and today. Plus, after a recent terrorism attack, tourist-dependent New Orleans is working to make visitors feel safe. WSJ travel reporter Allison Pohle says it’s following Las Vegas’s lead. Alex Ossola hosts. Sign up for the WSJ's free What's News newsletter. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	This episode is brought to you by Curry's Business.
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0:11.0	Upgrade with their January epic deals with up to 40% of hundreds of products.
0:15.6	From laptops to TVs, connected mobile to coffee machines.
0:19.4	Shop at business.curries.co.com.
0:21.2	Visit your local hub or call their UK-based specialist business center.
0:26.1	Curry's Business, powering your business in 2025.
0:32.6	The Los Angeles wildfires could be the costliest in US history,
0:36.9	what that means for homeowners
0:37.9	and the state's insurance market.
0:40.0	The crucial thing now is whether efforts to stabilize the market are going to succeed
0:46.7	or whether, unfortunately, the losses from this are going to derail those attempts.
0:52.7	And five U.S. presidents gather in Washington to honor Jimmy Carter.
0:57.2	Plus, in the wake of its New Year's Day attack,
0:59.7	New Orleans is taking a page from Las Vegas' playbook to bring back tourists.
1:04.1	It's Thursday, January 9th.
1:06.1	I'm Alex Osloaf for the Wall Street Journal.
1:08.4	This is the PM edition of What's News,
1:10.4	the top headlines and
1:11.7	business stories that move the world today. The fires in and around Los Angeles continue to wreak
1:19.4	havoc. They've already killed at least five people and have destroyed or damaged thousands of buildings.
	...

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