storm probability News

In his 2007 book “The Black Swan: The Impact of the Highly Improbable,” finance writer Nassim Nicholas Taleb attempted to educate the public about the danger of rare, unusual events. This is obviously important in the world of finance — …

Eleven months ago, Houston had a deadly flood. This week, the city had another. Events like these are often called “100-year floods,” and that can be misleading. The U.S. government began using the term in the 1960s to describe a …