Economy

Follow coverage of the U.S. and global economy, jobs and unemployment; banking; interest rates and other decisions by the Federal Reserve (Fed) and Chair; and economic indicators such as the gross domestic product (GDP), factory orders and durable goods. Other topics include the federal budget deficit and national debt, and local economic columnist Jon Talton.

PG&E linked to fatal wildfires; its stock nose-dives 22%

Burned cars and downed power lines in the aftermath of the wildfires in Paradise, Calif., Nov. 10, 2018. (Jim Wilson/The New York Times) XNYT157 XNYT157

The California utility said it would not have enough insurance coverage if it’s found liable for the Camp fire wildfire raging in the state.

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