The ongoing government shutdown delayed the release of the Commerce Department's initial estimate of the third-quarter gross domestic product (GDP), as other data sources suggest solid economic growth ...

The report warns many economic models are failing to capture extreme weather events and rising uncertainty likely to dominate impacts in a hotter world.

Economic models used by governments, central banks and investors are “increasingly understating” climate change risks as the world continues to heat up. A new report led by the University of Exeter’s ...