Council of Economic Advisers News

The Cost of Cyber Attacks to U.S. Economy

Malicious cyber activity cost the U.S. economy between $57 billion and $109 billion in 2016, the White House said Friday. The estimate comes in a Council of Economic Advisers report on the impact of cyber attacks on U.S. government and …

Inaction on Climate Change Costs Economy: White House

As the Obama administration defends its efforts to curb carbon emissions this week, it’s taking a new tack: arguing that it is smart economic planning. A new White House report says the cost of fighting climate change will increase 40 …