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☆ Heard on the Street: A Soft Landing Is in View as Inflation Drops
▼ + stars: | 2023-11-14 | by ( ) www.wsj.com time to read: 1 min

Retail gasoline prices are lower now than they were in October. (cristobal herrera-ulashkevich/Shutterstock)A soft landing for the economy still isn’t guaranteed. But the drop in inflation makes it easier for the Federal Reserve to foam the runway. The decline in gasoline prices helped, but core prices—which exclude food and energy prices in an effort to better track inflation’s underlying trend—rose just 0.2% from a month earlier. That put core prices up 4% from a year earlier, the smallest gain since September 2021.

Persons: cristobal herrera Organizations: Federal Reserve, Labor Department

☆ Number of billion-dollar weather disasters in US blows through annual record with four months left in the year
▼ + stars: | 2023-09-11 | by ( Ella Nilsen | ) edition.cnn.com time to read: +15 min

This year’s billion-dollar disasters have caused 253 direct and indirect fatalities and have resulted in $57.6 billion in damage, NOAA data shows. Joe Raedle/Getty Images Ken Kruse looks out at floodwaters surrounding his apartment complex in Tarpon Springs, Florida, on August 30. Joe Raedle/Getty Images Florida's Fort Myers Beach is seen during high tide ahead of Hurricane Idalia on August 29. Eva Marie Uzcategui/Bloomberg/Getty Images Shelves are left empty at a Target store in Gainesville, Florida, on August 29. Sarah Salmonese sits where her apartment once stood in Lahaina, Hawaii, on Friday, August 11.

Persons: CNN — It’s, Idalia, Hilary, Rachel Cleetus, ” Cleetus, Cristobal Herrera, Shutterstock, Sean Rayford, Cheney Orr, Reuters Jewell Baggett, Ulashkevich, EFE, Thomas Simonetti, Jack Lemburg, Richard Burkhart, Douglas R, Clifford, Zuma Press Donnye Franklin, Joe Raedle, Rebecca Blackwell, Ron DeSantis, Savannah Alderman Nick Palumbo, Ken Kruse, Hurricane Idalia, Eva Marie Uzcategui, Christian Monterrosa, Stephen M, Dowell, Reagan Ortagus, Tyler, Bob Self, NOAA Ana Iris Aguiar, Alexandre Meneghini, Marco Bello, Adrees Latif, Samson, Victor Cassano's, Chris O'Meara, Yamil Lage, Sharon Walsh, Doug Engle, Christine Willis, Andrew West, Harvey, Irma, Maria, Adam Smith, Michael, Laura, Ida, Ian, ” Smith, Deanne Criswell, Sarah Salmonese, Go Nakamura, Ken Alba, Jae C, Yuki Iwamura, Patrick T, Fallon, Bryan Anselm, Mike Blake, Matthew A, Foster, Rick Bowmer, Lauren Haley, Makalea Ahhee, Justin Sullivan, Max Whittaker, Zoltan Balogh, Robert Gauthier, Mengshin Lin, Evelio Contreras, CNN Vixay Phonxaylinkham, Lana, Phonoxaylinkham, Marco Garcia, Claire Rush, Myrna Ah Hee, Sui, Ty O'Neil, Ku'u Kauanoe, ZUMA, Matthew Thayer, Criswell, It’s, ” Criswell, Cleetus, ” Organizations: CNN, National Oceanic, Atmospheric Administration, Idalia, NOAA, Tropical, Union of Concerned, “, Tampa Bay Times, ZUMA Press, Reuters, Press, Washington Post, Angels Episcopal Church, Savannah Morning, USA, Network Rescue, Zuma Press, AP Florida Gov, Savannah, Bloomberg, Getty, Duke, Orlando Sentinel, Florida Times, Union, AP, Reuters Pike Electric, Southwest Airlines, Tampa International Airport, Reuters Home Depot, Reuters Fort Myers, Federal Emergency Management, FEMA, Senate, Ukraine, New York Times, Staff, US Army National Guard, Maui Police, Facility, AP Volunteers, Grace Baptist, Volunteers, Los Angeles Times, Kahului Airport, Technologies, Kahului, AP Helicopters, Hawaii Army National Guard, Hawaii National Guard, Reuters Residents, ZUMA Passengers, Maui News Locations: United States, South, Midwest, California, Horseshoe Beach , Florida, Bend, Tampa, Horseshoe Beach, Perry , Florida, Keaton Beach , Florida, Madison , Florida, Steinhatchee , Florida, Samarra, St, Savannah , Georgia, Savannah, Steinhatchee, Crystal River , Florida, Perry, Crystal, Tarpon Springs , Florida, Mayo , Florida, Tarpon Springs, Myers, Hurricane, Gainesville , Florida, Sumterville , Florida, Johns County , Florida, Florida, NOAA, La Coloma, Cuba, Clearwater , Florida, Playa Majana, Suwannee , Florida, Batabanó, AFP, Guanimar, Ocala , Florida, USA, Reuters Fort Myers Beach, Gulf, Lahaina , Hawaii, Lahaina, Hawaii, Maui, Wahikuli, Wailuku, Kula , Hawaii, Kula, Kihei, West Maui, Grace, Napili, Honokowai, Honolulu, Maalaea, Kahului, Las Vegas, Church, Lahaina Hongwanji

☆ Cedar Key: Hurricane Idalia turned a 'haven for artists' into a flooded wreck
▼ + stars: | 2023-08-31 | by ( Eric Levenson | ) edition.cnn.com time to read: +13 min

Thomas Simonetti/The Washington Post/Getty ImagesA view of the flooding in Cedar Key, Florida, on August 30, 2023. Julio Cesar Chavez/ReutersPhotos on the Cedar Key Fire Rescue Facebook account showing some of the early destruction. And unlike Key West, Cedar Key has avoided high-end commercial development along its shores and remains a low-key spot. What Idalia did to Cedar KeyA vehicle was partially submerged after the arrival of Hurricane Idalia in Cedar Key on Wednesday. “Everything is flooded,” Shely Boivin, the manager of a beachfront motel in Cedar Key, told CNN.

Persons: CNN —, ”, Idalia, ” Michael Bobbitt, CNN’s John Berman, Thomas Simonetti, Julio Cesar Chavez, Bobbitt, “, John Muir, ” Muir, Leslie Sturmer, Julio, Cesar Chavez, Reuters Levy, Mayor Heath Davis, “ We’re, ” Bobbitt, ” Heather Greenwood, CNN’s Carlos Suarez, Sean Rayford, Cheney Orr, Reuters Jewell Baggett, Cristobal Herrera, Ulashkevich, EFE, Jack Lemburg, Richard Burkhart, Douglas R, Clifford, Zuma Press Donnye Franklin, Joe Raedle, Rebecca Blackwell, Ron DeSantis, Savannah Alderman Nick Palumbo, Ken Kruse, Hurricane Idalia, Eva Marie Uzcategui, Christian Monterrosa, Stephen M, Dowell, Reagan Ortagus, Tyler, Bob Self, NOAA Ana Iris Aguiar, Alexandre Meneghini, Marco Bello, Adrees Latif, Samson, Victor Cassano's, Chris O'Meara, Yamil Lage, Sharon Walsh, Doug Engle, Christine Willis, Andrew West, Shely Boivin, ” Boivin, ‘, John MacDonald Organizations: CNN, Rescue, Washington Post, Key, USA’s, University of Florida Institute of Food, Agricultural Sciences, WUFT, Reuters, Mayor, Tampa Bay Times, ZUMA Press, Press, Angels Episcopal Church, Savannah Morning, USA, Network Rescue, Zuma Press, AP Florida Gov, Savannah, Bloomberg, Getty, Duke, Orlando Sentinel, Florida Times, Union, AP, Reuters Pike Electric, Idalia, Southwest Airlines, Tampa International Airport, Reuters Home Depot, Reuters Fort Myers, Emergency Locations: Key , Florida, Gulf of Mexico, Cedar, Mexico, Dock, Horseshoe Beach , Florida, Bend, Tampa, Perry , Florida, Keaton Beach , Florida, Horseshoe Beach, Madison , Florida, Steinhatchee , Florida, Samarra, St, Savannah , Georgia, Savannah, Steinhatchee, Crystal River , Florida, Perry, Crystal, Tarpon Springs , Florida, Mayo , Florida, Tarpon Springs, Myers, Hurricane, Gainesville , Florida, Sumterville , Florida, Johns County , Florida, Florida, NOAA, La Coloma, Cuba, Clearwater , Florida, Playa Majana, Suwannee , Florida, Batabanó, AFP, Guanimar, Ocala , Florida, USA, Reuters Fort Myers Beach, Levy

☆ After a slow start, the 2022 hurricane season roared in with memorable and destructive storms
▼ + stars: | 2022-11-30 | by ( Jennifer Gray | ) edition.cnn.com time to read: +8 min

CNN —As the hurricane season closes, a handful of blockbuster storms made history after an eerily quiet first half of the season gave false hope. In fact, we didn’t have any named storms from July 3 to August 31, the first time that’s occurred since 1941. One of those storms was Hurricane Ian, which hit land in late September and will go down as the most memorable storm of the 2022 season. “Tropical storms have formed in every month outside of hurricane season, and there have been a few hurricanes, too,” NOAA said. Historically, we’ve seen at least 15 named storms form in the month of December, even all the way up to December 30.

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