[Fox News] Is the East Coast on the brink of a major earthquake — and are we prepared?

The earthquake that struck the East Coast earlier this month was felt by an estimated 42 million people and luckily caused little damage, but what are the chances of a bigger, more powerful quake striking the area? And if it does, what could it look like — and are we prepared?

The April 5 phenomenon was a 4.8 magnitude earthquake centered near Whitehouse Station in New Jersey, which is about 40 miles west of New York City.

Shaking was felt from Washington D.C. to Maine, according to the U.S. Geological Survey (USGS), and it followed a much smaller, 1.7 magnitude earthquake in New York City on Jan. 2

Earthquakes are rare along the East Coast, with the most powerful one in the last 100 years hitting in August 2011, clocking 5.8 on the Richter scale. It was centered in Virginia and felt from Washington, D.C. to Boston.

4.8 MAGNITUDE EARTHQUAKE STRIKES NEW JERSEY, SHAKING BUILDINGS IN SURROUNDING STATES

Before that, an earthquake in South Carolina in 1886 is understood to have measured between 6.6 and 7.3 on the Richter scale. There is no definitive measurement of that quake since the Richter scale has only been around since the mid-1930s, but the tectonic shift still killed 60 people.

Professor John Ebel, a seismologist in the Department of Earth and Environmental Sciences at Boston College, tells Fox News Digital that when quakes start breaking 5.0 on the Richter scale, damage begins to occur. 

For instance, the devastating earthquake that hit Turkey and Syria last year measured 7.8 and resulted in the death of nearly 62,000 people as tens of thousands of buildings were either destroyed or severely damaged.

California’s Loma Prieta earthquake in 1989, meanwhile, measured 6.9 and caused 69 deaths, and the 1994 Northridge earthquake in the Golden State clocked 6.7, killing 57 people. Thousands more were injured. 

“As you go above magnitude five, the shaking becomes stronger and the area over which the strong shaking is experienced becomes wider,” Ebel says. “So if you get a magnitude six, the shaking is ten times stronger than a magnitude five. So had this month’s earthquake been a 5.8, rather than a 4.8, then we would be looking at damage to unreinforced structures in the greater New York City area.”

“Now I have to qualify this and say that in the past few decades, New York City has had an earthquake provision in its building code while New Jersey, New York and Connecticut have all adopted some version of earthquake provisions in their building codes,” Ebel explained. “So modern buildings that are put up today will actually do quite well, even in strong earthquake shaking… If you have a magnitude 6 or even a magnitude seven.”

In terms of the Tri-state area, Ebel says that the region has had smaller earthquakes, but it’s been spared anything that’s been significantly damaging.

An 1884 quake in Brooklyn did cause limited damage and injuries. Seismologists estimated it would have measured in the region of 5.0 and 5.2, while a quake jolted Massachusetts in 1775 in the region of 6.0 and 6.3.

WHAT TO DO DURING AN EARTHQUAKE AND HOW TO PREPARE

“In 1884 there were things knocked from shelves, some cracks in walls that were reported, particularly plaster walls, which crack very easily if a building is shaken,” Ebel said. “There were some brick walls that had some cracks and people panicked because of the very strong shaking.”

A magnitude five earthquake hits the tri-state area once every 120 years, says Ebel, who penned the book “New England Earthquakes: The Surprising History of Seismic Activity in the Northeast.”

“The question is, can we have something bigger? And in my opinion, yes we can,” he said. “We can’t predict earthquakes, and we don’t know when the next one is going to occur, but we do have a low, not insignificant probability of a damaging earthquake at some point.”

Ebel said that the April 5 earthquake has left seismologists baffled since it didn’t occur on the Ramapo Fault zone, highlighting just how hard it is to predict the phenomenon from occurring. The Ramapo Fault zone is a series of small fault lines that runs through New York, New Jersey and Pennsylvania. Spanning more than 185 miles, it was formed about 200 million years ago.

“Right now it’s a seismological mystery,” Ebel said. “We have some earthquakes in our region where we don’t have faults mapped. But that’s even true in California. Not every earthquake occurs on a known or mapped fault in California, so there are still a lot of seismologists have to learn about the exact relationship between old faults and modern earthquakes.”

Ebel noted that buildings aren’t the only thing to consider when earthquakes strike. In the California quakes, overpasses crumbled while the electrical grid can go down too, causing electrical surges and fires.  

Toxic chemicals were knocked off of the shelves of a chemistry building in 1989 and the building had to be evacuated, Ebel said. 

“And you think about hospitals and some industrial facilities having that situation,” he explained. “So you have these things that are not catastrophic necessarily, but are going to be a real problem.”

And an earthquake doesn’t necessarily have to rattle land in order to cause destruction.

A jolt out at sea could trigger a dangerous tsunami, like the one on the edge of the Grand Banks of Newfoundland in Canada in 1929. It was felt as far away as New York City.

Waves as high as 23 feet crashed on the shore, according to the International Tsunami Information Center, with up to 28 people losing their lives. 

“A tsunami is not necessarily a very high probability event, but it’s one that we have to think about also,” Ebel says in relation to the East Coast.

The Fukushima nuclear accident in 2011 was triggered by an earthquake and subsequent tsunami.

Ebel says a tsunami similar to 1929 could cause a storm surge along the lines of Hurricane Sandy in 2012, where 43 people died in New York City. 

“The threat of an earthquake is not as great as in California, but it’s something that we have to take into account and have emergency plans for and have building codes for,” Ebel says. “Our state and local emergency management agencies in all the northeastern states do earthquake planning — what we call tabletop exercises — where they pretend an earthquake occurs.”

“So those kinds of preparations are made on a regular basis,” he concludes. “Building codes are constantly being reevaluated and approved, not just for earthquakes, but for fires and chemical spills and all kinds of things. So we’re getting more prepared all the time.”

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[Fox News] Get a handle on your time: Google Calendar tips and tricks

Before we get into it, I’ll acknowledge what you may be thinking: Using Calendar means handing over even more info to Google.

Win an iPhone 15 worth $799! I’m giving it to one person who tries my free daily tech newsletter. Sign up here while you’re thinking about it.

SEE WHAT THE HOME YOU GREW UP IN LOOKS LIKE NOW AND OTHER MAPS TRICKS

Sure, but here’s my take: For the sake of convenience, most of us choose a Big Tech company or two that we’re OK sharing a lot with. If you use Gmail and Google Maps, adding Calendar to the mix won’t make much difference in terms of privacy.

Here are some ideas to get the most out of it

Spoiler: A lot more than just meetings and dentist appointments. And yes, you can definitely use you preferred calendar app for all these things too, if Google isn’t your thing.

Let’s get to the tricks

FIX AUTOCORRECT IF IT’S DRIVING YOU DUCKING CRAZY

A little know-how goes a long way in getting more out of your everyday software.

Know when people are free: I use this daily at work. Put your cursor in the box labeled Search for people under the Meet with heading. Everybody in your organization should be searchable here, so no more setting meetings no one can attend. You can also create a new meeting, add guests and click Find a time under the date to see the attendees’ availability side by side!

WATCH OUT FOR THE NEW ‘GHOST HACKERS’

Automatically share meeting minutes: In your meeting details, click Create meeting notes under the event description to generate a Google Doc that automatically gets shared with attendees. It includes a built-in outline with the meeting date, attendees, notes and action items. Pro tip: Attach additional notes, docs, slides or whatever else to the meeting so no one’s looking around for them later!

Never miss a beat: When setting an appointment, simply click Add Notification. Choose how long before the event you’d like to be reminded. Boom! Whether it’s 10 minutes or a day in advance, Google Calendar’s got your back. No more oops moments.

You know I have more amazing tips up my sleeve. Get more Google Cal secrets.

Get tech-smarter on your schedule

Award-winning host Kim Komando is your secret weapon for navigating tech.

Copyright 2024, WestStar Multimedia Entertainment. All rights reserved. 

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[Fox Business] Mortgage rates are still above 7% and home prices remain high

Mortgage rates increased this week again, marking the second week in a row rates were above 7%. The average 30-year mortgage rate was 7.17%, up from last week when the average was 7.1%, Freddie Mac reported.

Last year at this time, 30-year mortgages were slightly better off, but not by much. The average rate was 6.43%.

“Mortgage rates continued rising this week,” Freddie Mac Chief Economist Sam Khater said in a press release.

“Despite rates increasing more than half a percent since the first week of the year, purchase demand remains steady,” Khater said. “With rates staying higher for longer, many homebuyers are adjusting, as evidenced by this week’s report that sales of newly built homes saw the biggest increase since December 2022.” 

Rates for 15-year fixed-rate mortgages aren’t faring much better than 30-year mortgages. The average interest rate this week was 6.44%, up from 6.39%. Last year, 15-year rates were below 6% at 5.71%.

If you’re looking to purchase a home in today’s market, you can explore your mortgage options by visiting Credible to compare rates and lenders and get a mortgage preapproval letter in minutes.

SPRING HOMEBUYING SEASON BRINGS SLIGHTLY MORE OPTIMISM AS LISTINGS CONTINUE TO RISE

Housing prices still haven’t recovered from their all-time high during the pandemic. From 2020 to now, the average sale price rose 27.5%, Rocket Mortgage reported

Home prices are still high but are starting to cool slightly. Home values are predicted to grow by 1.9% this year, Zillow found. This is slower than home prices have grown over the last few years. However, home sales are expected to dip this year, largely due to rising interest rates. An expected 4.06 million existing homes will sell in 2024, Zillow forecasts. This is down slightly from the 4.09 million that sold in 2023.

The limited number of listings also contributes to the prediction of lower home sales. New listings rose by 21% in February, but dropped to just 4% in March, signaling a tight market for prospective homebuyers.

If you think you’re ready to shop around for a home loan, consider using Credible to help you easily compare interest rates from multiple lenders in minutes.

MILLIONS OF HOMEOWNERS DON’T HAVE HOMEOWNERS INSURANCE DUE TO HIGH COSTS

Rising homeowners insurance costs affect the country as a whole, but prices are higher in specific parts of the country.

California, Texas and Florida have all had their fair share of price hikes, paired with insurers pulling their insurance from parts of the state. Now, Iowa is dealing with the same high home and auto insurance rates.

Rate hikes have been closely tied to the effects of climate change. More frequent severe storms have led to a higher number of claims, leading to serious losses for insurance companies. Iowa is no different. From 2020 to 2021, hail and windstorms across the state caused insurers to raise rates, which have now trickled down to homeowners.

“Iowa and the Midwest are a wreck right now when it comes to home insurance,” Jeff Weddle, general manager of Guardian Mutual Insurance Association in Dallas Center said.

Iowa’s current home insurance situation is “probably pretty close” to that of Texas and California, Weddle said.

Having enough homeowners insurance is vital. To ensure your insurance is suitable for your circumstances, visit Credible to check out plans, providers and costs.

MILLIONS HAVE MOVED OUT OF CERTAIN PARTS OF THE COUNTRY NOW DESIGNATED “CLIMATE ABANDONMENT AREAS”

Have a finance-related question, but don’t know who to ask? Email The Credible Money Expert at [email protected] and your question might be answered by Credible in our Money Expert column.

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