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Floodwaters in the area of Gulfport, Fla., on Thursday, ahead of Hurricane Helene. Helene, a Category 4 hurricane, made landfall near Perry, Fla., some 200 miles north of Tampa. All three storms put wide swaths of the Tampa Bay region underwater, though none more than Helene, which brought storm surge into neighborhoods that had not seen such flooding in decades — or ever. Credit... Nicole Craine for The New York TimesImage Shore Acres, a flood-prone enclave on the edge of Tampa Bay in St. Petersburg. He would soon add another at three feet, to mark the amount of water that had flowed into his shop from Helene.

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☆ Why people are souring on one of the country's hottest housing markets
▼ + stars: | 2024-09-14 | by ( Jennifer Sor | ) www.businessinsider.com time to read: +8 min

download the appSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. AdvertisementThe exodus is mainly being driven by higher housing costs, a higher cost of living, and souring attitudes toward the influx of people who moved to Florida in recent years. Property insurance costs in the state are rising at the fastest pace in 20 years, according to Capital Economics. According to Cindy, her home insurance costs around $8,000 a year. The cost of living has also risen, in part due to rising housing costs and more people living in the city.

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☆ Where inflation is the highest and lowest in America
▼ + stars: | 2024-07-28 | by ( Bryan Mena | ) edition.cnn.com time to read: +8 min

The Honolulu metro area in Hawaii, meanwhile, saw the nation’s highest annual inflation rate in May, at 5.2%. Housing costs have therefore eased over the past year, tugging inflation overall much lower. Tight housing-market conditions are also plaguing New York, which at one point boasted the lowest inflation rate in the country. Housing costs make up about a third of the Labor Department’s CPI, a closely watched inflation gauge. Inflation is down substantially from the 40-year highs of two years ago, but housing costs have remained stubbornly elevated.

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☆ How the businessman who blew up MoviePass tried to create a 'TikTok killer' and cost investors millions
▼ + stars: | 2024-04-01 | by ( Ashley Rodriguez | Jason Guerrasio | ) www.businessinsider.com time to read: +22 min

At Vinco, Farnsworth employed several of the same tactics that he had at MoviePass and at his earlier ventures. "Ted took these press releases and really treated them like they were works of art for him," Matt Argall, a former advisor to Farnsworth, told BI. Hudson Bay has not been served the lawsuit as of the publication of this story. "Hudson Bay's investment in Vinco Ventures was a standard, fixed price convertible loan of which millions remain unpaid," Hudson Bay told BI in a statement. "If served, Hudson Bay will seek to have these baseless, factually flawed and frivolous claims, which have been repeatedly dismissed in other proceedings against other parties, dismissed expeditiously."

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☆ Factbox: U.S. companies gird themselves as Hurricane Ian makes landfall
▼ + stars: | 2022-09-28 | by ( ) www.reuters.com time to read: +6 min

Sept 28 (Reuters) - Hurricane Ian makes landfall in Florida with Category 4 fury on Wednesday, pushing residents to empty grocery shelves, board up windows and rush to evacuation shelters. Since then, it has been working to redeploy offshore personnel after determining Hurricane Ian no longer posed a significant threat to its assets. A spokesperson said the company was monitoring the hurricane and making adjustments to operations to keep warehouse staff and drivers safe. Costco Wholesale Corp closed nine stores located in Florida due to an impact of Hurricane Ian. CRUISE OPERATORSWalt Disney Co's Disney Cruise Line on Tuesday canceled its Disney Wish ship that was to set sail from Florida on Friday.

TAMPA, Fla. — More than 2 million people in Florida were under orders to pack up and head east to safer ground Tuesday as Hurricane Ian barreled north from Cuba on a path toward Tampa. But Burks, who moved to Tampa in 2005 and has weathered several hurricanes since then, said he's not going far. Many Floridians in more rural areas like Polk County live in trailers that are especially vulnerable to high winds. “Just go straight across the state to Broward, Miami-Dade, Palm Beach.”And "do not go north," because that's where Hurricane Ian is going, he said. Three bridges span Old Tampa Bay, two of which connect Tampa to St. Petersburg and the third of which links to northern Pinellas County.

☆ Millions in Florida urged to evacuate as Hurricane Ian nears
▼ + stars: | 2022-09-27 | by ( Brad Brooks | ) www.reuters.com time to read: +6 min

A man runs by a boarded up storefront, as Hurricane Ian spins toward the state carrying high winds, torrential rains and a powerful storm surge, in the downtown area of Tampa, Florida, U.S., September 27, 2022. The latest 8 p.m. EDT (2100 GMT) hurricane advisory put Ian's top winds at 120 mph (195 km per hour). Ian was most likely to come ashore south of Tampa near Sarasota, the National Hurricane Center (NHC) said. Parts of central Florida could see as much of 2 feet (0.6 meter) of rain from Ian, according to the National Weather Service. If Ian strikes Tampa, it would be the first hurricane to make landfall in the area since the Tarpon Springs storm in 1921.

Local residents fill sandbags, as Hurricane Ian spun toward the state carrying high winds, torrential rains and a powerful storm surge, at Ben T. Davis Beach in Tampa, Florida, U.S., September 26, 2022. Before heading to Florida, Hurricane Ian slammed into Cuba, forcing evacuations, cutting power to hundreds of thousands of people and swamping fishing villages. A Category 3 storm features maximum sustained winds of up to 129 miles per hour (208 km per hour). "I wasn't particularly scared until I saw the storm track this morning," Martino, 78, said as she prepared to go to her son's house north of Tampa. If Ian strikes Tampa, it would be the first hurricane to make landfall in the area since the Tarpon Springs storm in 1921.

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