America’s biggest banks have had star-turns this year for investors betting on the global economic rebound from the Covid-19 pandemic, but the encores might well be done. Lenders from the US and Europe have comfortably beaten earnings expectations while the world grappled with economic shutdowns and re-openings. But with third-quarter earnings coming up — starting with JPMorgan Chase & Co ...

New York City saw it coming. In May, in the kind of clarifying document that invariably gets noticed when it’s too late, the city mapped out the sort of devastation that Hurricane Ida would bring just a few months later. The message of the New York City Stormwater Resiliency Plan is that, weatherwise, the scale of everything has changed. The ...

From the way some analysts have been talking lately, you’d think that energy markets obeyed some version of the butterfly effect, where flapping wings will determine the formation of tornadoes weeks later. Call it the BlackRock Inc effect: Larry Fink needs only to whisper the words “ESG,” and natural gas and coal markets will explode 21 months into the future. ...