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☆ Typhoon lashes central Japan, killing two
▼ + stars: | 2022-09-24 | by ( ) www.reuters.com time to read: +2 min

TOKYO, Sept 24 (Reuters) - A typhoon lashed central Japan on Saturday with torrential rain and fierce winds, killing two and leaving tens of thousands of households without power, the Kyodo news agency reported. Winds at the centre of Typhoon Talas were blowing at about 65 kph (40 mph), with peak gusts of about 90 kph (56 mph), it said. Central JR (9022.T) restarted some of its bullet train services, which had been suspended from Friday evening because of the rain. Although the JMA downgraded the typhoon to an extratropical cyclone on Saturday morning, it forecast further torrential rain in Shizuoka and urged caution for landslides and flooding. typhoon nanmadol, one of the biggest storms to hit Japan in years, killed at least two people and brought ferocious winds and record rainfall to the west of the country on Monday.

☆ The Fed can save the stock market if a recession hits. Experts explain how far the central bank will go with rate hikes – and when it could reverse course.
▼ + stars: | 2022-09-22 | by ( Phil Rosen | ) www.businessinsider.com time to read: +6 min

As of yesterday, the federal funds rate is now in a range of 3.0% to 3.25% after a third consecutive 75-basis-point rate hike and the fifth increase of the year. But should the unemployment rate rise and company earnings fall enough to kick off a deep recession, a markets-friendly central bank could emerge over the next year, according to Kolanovic. In his view, a Fed pivot won't materialize until the unemployment rate gets closer to 5%. How does the Fed's third outsized rate hike impact your outlook for the economy and for your portfolio? US stock futures struggled for direction early Thursday, as the odds of a soft economic landing dwindled following the Fed's rate hike Wednesday.

A man walks on the street in heavy rain and wind caused by Typhoon Nanmadol in Kagoshima on Japan's southernmost main island of Kyushu September 18, 2022, in this photo taken by Kyodo. NO COMMERCIAL OR EDITORIAL SALES IN JAPANTOKYO, Sept 19 (Reuters) - Typhoon Nanmadol brought ferocious winds and record rainfall to western Japan on Monday as one of the biggest storms to hit the country in years killed at least two people, disrupted transport and forced manufacturers to suspend operations. "We need to remain highly vigilant for heavy rains, gales, high waves and storm surges," a Japan Meteorological Agency (JMA) official told a news conference. Up to 400 mm (15.75 inches) of rain was expected in central Japan's Tokai region, the nation's industrial heartland, over the next 24 hours, it said. Intermittent bouts of heavy rain lashed Tokyo but businesses in the capital were largely operating as normal.

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