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Tag Archives: piling

Atmospheric rivers pull California out of the drought and piling up in the snow

The atmospheric rivers that rain along the California coast also throw huge amounts of snow into the state's Sierra Nevada. Newly released NASA photos, taken four days and a year apart, show how much snow has fallen. In its press release, NASA highlighted Mammoth Mountain, which is now the snowiest ski resort in the United States, having reached more than …

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bear market in stocks, weak yuan show China problems are piling up

A deeper discomfort is spreading on China's financial markets. The benchmark index for Shanghai equities fell 20 percent in just five months to enter a bear market. The yuan is on its way to its longest losing streak in Hong Kong in four years. Business failures increase. The concern has its own reasons: The country's deleveraging campaign reduces available liquidity …

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