FOX Business’ Cheryl Casone breaks down the potential economic impact of the wildfires in Los Angeles as the flames continue to engulf local communities.
Some colleges and universities in the Los Angeles area shut down their campuses on Wednesday as multiple wildfires continue to rage in the region, consuming homes and businesses.
The California Institute of Technology (Caltech) closed its campus in Pasadena except for all nonessential operations and canceled classes due to the nearby Eaton Fire. School officials said the only people allowed on the premises were essential staff, emergency responders and residents.
The wildfires in Southern California are shown on a map. (Fox News)
A Caltech spokesperson told FOX Business that student residents are safe, have access to food, water, masks and emergency supplies, and have been asked to remain and stay off roadways.
They added that…
