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After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup

2

Markets tumble worldwide as Fed resets expectations: $400 billion wiped off SpaceX stock

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Current price of oil as of June 23, 2026
EnvironmentWildfire

Much of Greece, Spain and Portugal is on fire as Southern Europe braces for wildfire season

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The Associated Press
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August 14, 2025, 11:09 AM ET
Spain wildfire
A resident battles a wildfire near the village of Abejera, Zamora province, Spain on August 13, 2025. Firefighters in Spain continue to battle fires across the country, where one volunteer has died while trying to extinguish a blaze, according to local authorities. Another man has died of burns near the capital city, Madrid. Across Europe, thousands have been forced from their homes by wildfires fuelled by an enduring heatwave. CESAR MANSO/AFP via Getty Images
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Fire crews in Greece, Spain and Portugal raced Thursday to contain wildfires, taking advantage of calmer winds that slowed the blazes’ advance. Much of southern Europe, however, remains at high risk under hot, dry conditions.

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A drop in wind speeds allowed firefighting aircraft in the three hard-hit countries to step up water drops, concentrating on existing fire zones rather than chasing fast-moving fronts. Authorities warned that extreme temperatures are likely to persist.

Spanish authorities reported the death of a 37-year-old volunteer firefighter who sustained severe burns in an area north of Madrid this week. It was the third reported death in Spain due to the recent fires. Thousands of people were evacuated from their homes in the region and still can’t return.

In Greece, the Fire Service said a major blaze outside the southern port city of Patras has been contained on the outskirts of urban areas after a large-scale deployment. Three people have been arrested in connection with the fire, which authorities said may have been deliberately set.

The European Union’s civil protection agency said it responded to requests for assistance this week from Greece, Spain, Bulgaria, Montenegro and Albania, sending firefighting planes and helicopters from other member states.

The agency said it had already activated assistance 16 times amid this summer’s wildfires as European countries have been hit by “a high number of catastrophic wildfires.”

The number of activations for 2025 already matches the total for wildfires during the entire 2024 fire season, it said.

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