USA

Weather risk can move markets months in advance: Stock traders pay attention to these 2 long-range climate forecasts

Months before winter arrives, traders are watching for clues in the long-range weather forecasts. Mario Tama/Getty ImagesTo understand how important weather and climate risks are to the economy, watch investors. New research shows that two long-range seasonal weather forecasts in particular can move the stock market in interesting ways.

Neediest areas are being shortchanged on government funds − even with programs designed to benefit poor communities

If you live in one of the most economically deprived neighborhoods in your city, you might think the government is directing a smaller share of public funds to your community. And you would typically be right.

This is the case even with programs that have been specifically designed to benefit low-income communities. Over the long run, federal funds tend to flow toward areas that are relatively better off.

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