Hurricane Milton was a one-in-1,000-year rainfall event for the Tampa, Florida, area, with wind gusts around 100 miles per hour. The roof blew off the Tampa Bay Rays’ Tropicana Field, which was supposed to house hurricane workers. Hurricane Milton has torn through Florida, and now comes the recovery. A Morningstar analysis ahead of the storm…

Recovery efforts for Hurricane Helene are just getting started in the southeastern U.S., as Hurricane Milton makes landfall in Florida. The back-to-back disasters less than two weeks apart will have a lasting impact on the economy, Atlanta Federal Reserve Bank President Raphael Bostic warned during the week of Oct. 6. Bostic said hurricane season impacts…

The Social Security Administration announced Thursday, Oct. 10, that beneficiaries will receive a 2.5% increase in 2025. That amounts to a boost of about $50 per month, on average. More than 70 million Americans will be affected. Social Security is often a big issue during election years. Vice President Kamala Harris has stated she would…

Former President Donald Trump is scheduled to hold a rally in Reno, Nevada the night of Friday, Oct. 11. His appearance underscores the importance of Nevada, with the presidential election less than one month away. Nevada has six electoral votes and is viewed as one of just a handful of battleground states. Both the Trump…

Consumer price inflation cooled for the sixth straight month in September 2024, coming in at 2.4% annually. Monthly prices rose 0.2% from August, according to data released by the Bureau of Labor Statistics Thursday, Oct. 10. Core inflation, which removes more volatile food and energy prices, rose 3.3% annually and 0.3% compared to August. September’s…

On Sept. 27, eleven workers at a Tennessee plastics plant were swept away by floodwaters from Hurricane Helene while clinging to the back of a flatbed semitruck as the water rapidly rose. The truck was later struck by debris, causing at least 10 employees of Impact Plastics to be thrown into the floodwaters. Five workers…

The United States and China share a relationship that can be described as “complicated.” Their economies are deeply intertwined and interdependent. According to a Government Accountability Office report, nearly a third of foreign students and scholars in the U.S. are from China, with some involved in developing defense-related technologies. At first glance, the two countries…

Four weeks from today Americans head to the polls for Election Day 2024. By all accounts, it is an extremely close race for president with the result likely to be determined by a handful of states. A new poll, released by Reuters on Tuesday, Oct. 8, of just over 1,000 registered voters, shows Vice President…

Policies proposed by former President Donald Trump would add more than twice as much to the national debt as policies proposed by Vice President Kamala Harris, according to a bipartisan analysis by the Committee for a Responsible Federal Budget. The middle estimate for Harris’ plans is that they increase the debt by $3.5 trillion through 2035,…

Boeing and machinists are back at the negotiating table the morning of Monday, Oct. 7, after more than a week of stalemate. The International Association of Machinists and Aerospace Workers said Boeing’s last offer disrespected the entire union after the company released the terms to the public before the union had responded.  Even then, 80%…