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☆ The US added very few jobs in October after hurricanes and strikes shook the economy
▼ + stars: | 2024-11-01 | by ( Madison Hoff | ) www.businessinsider.com time to read: +3 min

The US economy added just 12,000 jobs in October, way under the forecast of 106,000. Labor market watchers expected cooler job growth than September's, partly because of recent hurricanes and strikes. AdvertisementThe US economy added just 12,000 jobs in October, falling way short of the forecast of 106,000. AdvertisementThe mixed results in the jobs report could complicate the Fed's interest rate plans into next year. The new jobs report is the last US employment report before the presidential election on November 5.

Persons: —, Hurricane Helene, Hurricane Milton, Milton, Lydia Boussour, NORC, Kamala Harris, Donald Trump Organizations: Labor, Service, Hurricanes, Bureau of Labor Statistics, Labor Statistics, Boeing, Reserve, AP Locations: Hurricane, United States

☆ Friday's jobs report is expected to show the slowest pace of hiring in years
▼ + stars: | 2024-10-31 | by ( Jeff Cox | ) www.cnbc.com time to read: +3 min

Goldman Sachs estimates that Helene could shave as much as 50,000 off the payrolls count, though Hurricane Milton probably happened too late to impact the October count. The Boeing strike, meanwhile, could lower the total by 41,000, added Goldman, which is forecasting total payrolls growth of 95,000. Data has been solidYet indicators leading up to the much-watched jobs report show that hiring has continued apace and layoffs are low, despite the damage done from the storms and the strikes. Still, the White House is estimating that the events cumulatively may hit the payrolls count by as many as 100,000. The "disruptions will make interpreting this month's jobs report harder than usual," Jared Bernstein, chair of the Council of Economic Advisers, said Wednesday.

Persons: Angus Mordant, Dow Jones, Milton, Michael Arone, Arone, Goldman Sachs, Helene, Hurricane Milton, Goldman, Jared Bernstein Organizations: Bloomberg, Getty, of Labor Statistics, Hurricanes, Boeing, State Street Global Advisors, of Economic Advisers Locations: Catskill , New York, U.S, Hurricane

☆ Friday’s jobs report just might disprove right-wing conspiracy theories
▼ + stars: | 2024-10-31 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +7 min

But they may ditch their argument Friday morning, when the October jobs report is set to be released — just days before Election Day. Groshen disagreed, saying that initial estimates of the monthly change in hiring are “noisier than they used to be” because of the lower response. However, that gets smoothed out in later revisions as response rates improve with the additional time. That exacerbates the funding shortfall at the BLS, where inflation-adjusted funding has steadily declined over the past decade, she said. That would help improve, for instance, Federal Reserve officials’ ability to make interest rate decisions that hinge on the latest labor market data, Groshen told CNN.

Persons: Donald Trump, Hurricanes Helene, Milton, Republican Sen, Marco Rubio, ”, Harris, ” Rubio, Rubio, Erica Groshen, Trump, Karoline Leavitt, Kamala Harris “, Laura Kelter, Groshen, “ Organizations: New, New York CNN, Bureau of Labor Statistics, BLS, Hurricanes, Republican, Biden, Trump, Cornell University School of Industrial and Labor Relations, Department of Labor, Census Bureau, Management, CNN, Biden Administration, Employment, Federal Locations: New York, Florida, America

☆ Why the October jobs report on Friday could sink the market's soft-landing narrative
▼ + stars: | 2024-10-30 | by ( William Edwards | ) www.businessinsider.com time to read: +5 min

September's payrolls report exceeded expectations, but economists see weak gains for October. Even with lower expectations, a poor print could reset the market's narrative around a soft landing. AdvertisementThe narrative around ongoing labor-market strength revived with September's payrolls report, which topped economists' expectations by over 100,000 jobs. "The October jobs report will likely show a severe but short-lived hit from hurricanes Helene and Milton," Adams said. Another sign that September's jobs numbers may have been overstated is that other employment indicators haven't started to trend upwards.

Persons: September's, —, Hurricanes Milton, Helene, Tom Essaye, Ben McMillan, McMillan, Goldman Sachs, there's, Goldman, Claudia Sahm, Michael Cuggino, Bill Adams, Milton, Adams, Neil Dutta, David Rosenberg, Rosenberg, Dutta Organizations: Service, Bureau of Labor Statistics, Hurricanes, Boeing, IDX Advisors, of Labor Statistics, Comerica, Funds, Federal Reserve, Macro, BLS, PMI

Legal experts say an attempt to overturn the 2024 election results would be more difficult than in 2020. And a lost Chopin waltz is discovered after 200 years. Legal experts say those changes would make another attempt to overturn the result of the election much more difficult and unlikely. If Trump attempted to overturn the election result in Congress, he’d be up against the bipartisan Electoral Count Reform Act. This election season, voters said they are disillusioned by both major parties, especially over the handling of the war in Gaza.

Persons: Andrea Mitchell, Antony Blinken’s, Chopin, Donald Trump, Trump, he’d, Matthew Sanderson, Kamala Harris, JD Vance, hadn’t, Tony Hinchcliffe, ”, Hinchcliffe —, ➡️ Elon Musk, Harris, ➡️ Jeff Bezos, “, WaPo, ➡️, Democratic Sen, Bob Casey of Pennsylvania, Isaac Herzog, Antony Blinken, Nathan Howard, Benjamin Netanyahu, Yahya Sinwar’s, Blinken, Brittany Randall, Kamberlyn Bowler, ” Randall, Freddie Freeman, Jay Johnston, Bob’s, Helene, Milton, Matthew Perry’s, Suzaenne Perry, Mustafa Hussain, Vanessa Leroy, — Zara Katz, Brooks, Jolie, Elizabeth Robinson Organizations: NBC, Trump, Count, Washington , D.C, Trump’s New, PAC, The Washington Post, Democratic, ➡️ Authorities, Getty, U.S, United Nations, West Bank ., CDC, Los Angeles Dodgers, New York Yankees, JPMorgan, Cuban, NBC News, American, RNC, Ninja Locations: Washington ,, Georgia, Trump’s New York City, Puerto Rico, Michigan, Portland , Oregon, Vancouver , Washington, Iran, Tel Aviv, AFP, Israel, Washington, Gaza, Lebanon, Beirut, U.S, Junction , Colorado, “, Dearborn , Michigan, Dearborn, Detroit

☆ JOLTS report: Job openings fall to pre-pandemic levels
▼ + stars: | 2024-10-29 | by ( Alicia Wallace | ) edition.cnn.com time to read: +3 min

The first burst on Tuesday — a critical read on activity within the jobs market — showed that the once too-tight labor market is starting to look more like its pre-pandemic days. Economists were expecting the number of job openings to land at around 7.9 million, declining from the prior month’s initial estimate of 8.04 million, according to FactSet estimates. The decline in job openings reflects a labor market that has slowed back to a pre-pandemic pace after experiencing years of blockbuster growth. “Decreasing or subdued job openings, quits and hiring rates last month all point to a cooler labor market compared to one year ago,” Elizabeth Renter, senior economist for NerdWallet, wrote in commentary issued Tuesday. It’s also likely the last clean piece of labor market data: The ongoing Boeing strike and Hurricanes Helene and Milton are expected to heavily distort jobs data starting with the month of October.

Persons: ” Elizabeth Renter, NerdWallet, aren’t, It’s, Hurricanes Helene, Milton, “ Organizations: CNN, Federal Reserve, Bureau of Labor Statistics, “ Employers, Labor, Boeing, Hurricanes

☆ Hurricane season isn't over. Experts predict a final surge of storms and maybe even a December cyclone.
▼ + stars: | 2024-10-29 | by ( Morgan Mcfall-Johnsen | ) www.businessinsider.com time to read: +4 min

Hurricane season may end with a November surge of storms starting next week, AccuWeather forecasts. Chance of a December cycloneIt's already been a nasty hurricane season, with storms so far causing more than 300 deaths and nearly $500 billion of losses in the US, according to AccuWeather. Hurricane season ends on November 30, but DaSilva said there may be a rare December cyclone this year. However, the NHC said in August that this Atlantic hurricane season would likely produce 17 to 24 named storms total. AdvertisementThis could lead to a tropical storm or even a hurricane in the first few days of November," DaSilva said.

Persons: —, Hurricane Milton, Alex DaSilva, Chance, DaSilva, Hurricane, Sean Rayford, Bernie Rayno, Milton, Nicole, Hurricane Ian, Kate Organizations: Hurricanes, Service, Associated, National Hurricane Center, Business, NHC, Florida, Yankee Locations: Florida, Carolinas, Milton, Hurricane, Gulf Coast — Alabama, Mississippi , Louisiana, Texas, AccuWeather ., Bat Cave , North Carolina, Caribbean, Sarasota , Florida, Cuba

☆ Russia, China and Cuba amplified falsehoods about recent hurricanes, U.S. official says
▼ + stars: | 2024-10-28 | by ( Dan De Luce | Dan De Luce Is A Reporter For The Nbc News Investigative Unit. | ) www.nbcnews.com time to read: +2 min

A post on Oct. 9 falsely claimed the U.S. federal government was denying disaster relief funds to Americans. Influencers linked to China have also seized on divisive material about Hurricanes Helene and Milton, claiming without evidence on social media that “U.S. spending on foreign conflicts had undermined support for disaster victims,” the U.S. official said. The revelations from the U.S. official follow recently released research from the London-based Institute for Strategic Dialogue, which tracks disinformation and online extremism. Local, state and federal officials have struggled to counter a wave of disinformation about the hurricanes and their aftermath, including baseless conspiracy theories about weather modification and false claims about disaster relief efforts.

Persons: ”, Milton, Kamala Harris, Hurricane Milton, Eva Marie Uzcategui Organizations: Cuban, U.S, Disney, Hurricanes, The Washington, Getty, U.S ., Strategic, Ukraine, Local Locations: United States, Florida, China, Ukraine, Israel, Taiwan, Sarasota , Fla, Cuba, Moscow, Beijing, London, Russian

☆ FEMA conspiracy theories that have stoked chaos in the South date back to the 1980s
▼ + stars: | 2024-10-27 | by ( Bruna Horvath | Bruna Horvath Is An Intern On Nbc News' Tech Team. | ) www.nbcnews.com time to read: +12 min

Unlike with the hurricane rumor response page, FEMA did not appear to respond to the rumors on its page for the wildfires. By 2009, Alex Jones, perhaps one of the most widely known modern conspiracy theorists, was promoting the false FEMA camps conspiracy theory and deriding those who attempted to debunk it. The FEMA camps conspiracy theory continued throughout the height of the pandemic after President Joe Biden signed various executive orders regarding vaccinations and testing. Ron DeSantis said the plan was “not necessary” and referred to the vaccination sites as “FEMA camps.”Although the FEMA camp conspiracy theory has been shot down again and again, Aniano believes this won’t be the last of it. “The conspiracy theory, it’s going to come up again,” Aniano said.

Persons: Helene, Milton, Hurricane Helene, “, Tiffany Walters, Wendy Billot, Ida, Emily Kask, ” Sara Aniano, Fiona, Jimmy Carter, Camille, Carter, ”, Jonathan Drake, Oliver North, Reagan, Rebecca Rouse, ” Rouse, Conspiracism, antigovernment, ’, Alex Jones, Sandy, Jade Helm, conspiracists, insurrectionists, Aniano, ” Aniano, Donald Trump, Covid, Mike DeWine, Trump’s, ” DeWine, Bill Seitz, ’ ” Seitz, Seitz, Joe Biden, Biden, Ron DeSantis, “ Something’s Organizations: Federal Emergency Management Agency, FEMA, NBC News, Defamation League’s, Extremism, NBC, USA, Southern Poverty Law Center, Center for Strategic, International Studies, U.S ., Reuters, Tulane University, Oklahoma City, U.S . Army, The New York Times, Guardian, Ohio Gov, Trump’s FEMA, Ohio Department of Health, Republican, Ohio Public, Florida Gov Locations: Hurricane, North Carolina, ”, Houma, La, Texas, New Mexico, Hawaii, Maui, Mississippi, Canton , N.C, U.S, Mexico, Washington, America, Stafford, Ohio, Florida

☆ Dock tragedy is latest chapter in Gullah Geechee community’s long struggle
▼ + stars: | 2024-10-27 | by ( Ramon Sanchez | Ray Sanchez | ) edition.cnn.com time to read: +12 min

The collapse killed seven people, injured several others and gave his two girls what Michael Wood said was their first glimpse of the Gullah Geechee community’s longtime heartache and resilience. Courtesy Michael WoodThe October 19 tragedy is the latest chapter in the struggles of one of the last surviving Gullah Geechee communities in the Georgia Sea Islands. The state settlement included the construction of the dock and “new aluminum gangways” as well as improved ferry service. The day of the collapse Grovner eventually returned to the dock area, where he and others covered some bodies with blankets. White, the Georgia Southern University professor, added: “The Gullah Geechee community has always had to fight for their survival.

Persons: Michael, Kimberly Wood, Michael Wood, ”, Wood, Hailey, Kimberly, Riley, Joyce White, Jacqueline Crews Carter, Cynthia Gibbs, William Johnson Jr, Carlotta McIntosh, Isaiah Thomas, Queen Welch, Charles L, Charles Houston, Febury Hassan, Zelda Johnson, William Johnson Sr, John Thomas, Ben Crump, Gangway, Hogg, Walter Rabon, “, Milton, Ben Crump –, Lewis M, Levine, Susie, ” Michael Wood, I’m, Trevor Santos, Grovner, goddaughter, she’ll, Reginald Hall, ” Hall, ” CNN’s Dalia Faheid, Ashley R, Williams, Michelle Watson, Melissa Alonso, Sharif Paget, Sarah Dewberry, Zoe Sottile, Philip Wang, Adeline Chen, Teo Kermeliotis, Emma Tucker, Nicole Chavez, Devon Sayers, Kia Fatahi, Nick Valencia, Zenebou Sylla Organizations: CNN, Heritage Center, Georgia Southern University, Georgia Department of Natural Resources, Impact, DNR, Georgia Bureau of Investigation, Coast Guard Locations: gangway, Savannah, Georgia, Jacksonville , Florida, Atlanta, Darien , Georgia, Geechee, ”, Sapelo

The final pre-election edition of the closely watched monthly jobs report is set to be published Nov. 1, four days ahead of Election Day. All eyes are now on a handful of states expected to see razor-thin vote margins, likely to be determined by a small but crucial pool of persuadable voters. The exact impact on the jobs report is unclear. The strike, which kicked off in September, has coincided with layoff notices sent to 17,000 workers in Boeing's commercial aviation division. While the Keystone State's unemployment rate climbed by a tenth of a percentage point compared with the September 2023 figure, its latest reading, at 3.4%, marked two straight years below 4%.

Persons: Milton —, Boeing machinists, Goldman Sachs, “, Goldman, Helene, Trump Organizations: Boeing, of Labor Statistics, Nomura Holdings, Nomura, BLS, Electoral College, Keystone, Democratic, Republican Locations: U.S, Milton, North Carolina, Georgia, Arizona, Wisconsin, Pennsylvania

☆ Stratospheric, AI-enabled robotic cameras on balloons could help you get your insurance claim check faster
▼ + stars: | 2024-10-22 | by ( Diana Olick | In Dianaolick | ) www.cnbc.com time to read: +3 min

New technology, however, using drones, artificial intelligence and weather balloons aims to modernize and accelerate that process. Near Space Labs, a Brooklyn, New York-based startup, invented "Swifts," or stratospheric, AI-enabled robotic cameras that fly on weather balloons. The giant weather balloons fly twice as high as airplanes cruise. Insurance and reinsurance companies, like Swiss Re, are using Near Space to help them understand and price risk. In addition to Third Sphere, Near Space Labs is backed by Crosslink Capital, Wireframe Ventures, IAG Firemark Ventures, Toyota Ventures and Leadout Capital.

Persons: Helene, Milton, Rema Matevosyan, Matevosyan, Shaun Abrahamson, Lisa Rizzolo Organizations: Space Labs, Labs, Swifts, Insurance, Swiss, Crosslink, Wireframe Ventures, IAG Firemark Ventures, Toyota Ventures, Leadout, CNBC Locations: Brooklyn , New York

☆ Civil rights coalition calls on Musk and Zuckerberg to take action against election disinformation
▼ + stars: | 2024-10-21 | by ( Brian Stelter | ) edition.cnn.com time to read: +4 min

New York CNN —An umbrella organization of civil rights groups is alerting the public to “digital voting disinformation” and imploring social media companies to take action. Wiley’s coalition, representing more than 200 civil rights interest groups and other organizations, wants companies like Elon Musk’s X and Mark Zuckerberg’s Meta to more clearly separate fact from fiction. “Social media companies should be vigilant,” Wiley said, observing that information platforms don’t have to be overwhelmingly polluted. The Leadership Conference’s Center for Civil Rights and Technology decided to speak out after social networks were swamped with lies about Hurricanes Helene and Milton earlier this fall. The conduct of social media firms is of interest to civil rights groups; candidates and campaigns; government agencies; and election technology suppliers, just to name a few.

Persons: Maya Wiley, Elon, Zuckerberg’s Meta, ” Wiley, Musk, Donald Trump’s, Zuckerberg, Milton, ”, “ Organizations: New, New York CNN, Conference, Civil, Human, Wiley’s, Social, Republican, Conference’s Center for Civil Rights, Technology, Hurricanes, Dominion Voting Systems, Fox, Dominion, for Civil Rights Locations: New York, United States

☆ 3 major hurricanes in the last 13 months did billions of dollars of damage to Florida's farmlands — and that was before Milton
▼ + stars: | 2024-10-18 | by ( Aditi Bharade | ) www.businessinsider.com time to read: +5 min

Hurricane Milton's estimated damage to Florida's agriculture could go up to $2.5 billion. That's according to estimates from the Florida Department of Agriculture and Consumer Services. AdvertisementHurricane Milton singlehandedly wrecked as much havoc on Florida's agriculture as three other major hurricanes combined, according to new estimates from the state's agriculture department. The commodities affected by hurricane damage include animal products, citrus and non-citrus fruit farming, field crops, greenhouses, and vegetable farming, per the damage assessment. Representatives of Florida's Department of Agriculture didn't respond to a request for comment from Business Insider, sent outside business hours.

Persons: Idalia, Debby, —, Milton, — Helene, Wilton Simpson, Tom Vilsack, Simpson, Hurricane Milton, Hurricane Helene, Helene Organizations: Florida Department of Agriculture, Consumer Services, Hurricanes, Service, Milton, US Department of Agriculture, Department of, Agricultural Statistics Service, National Agricultural Statistics Service, Fitch, Hurricane, Analytics, Moody's Analytics, Florida's Department, Agriculture, Business Locations: Milton, Florida, Florida's

☆ Millions lose power every year because of extreme weather. Here’s how experts say we can prevent it
▼ + stars: | 2024-10-18 | by ( Ella Nilsen | ) edition.cnn.com time to read: +5 min

This ability to get electricity from one part of the country to another is ever more important as America’s grid is lashed by increasingly extreme weather. Extreme weather isn’t the only reason the grid needs to expand. “We run a VHS grid for a Hulu economy.”America’s grid is actually three grids: the Eastern and Western interconnections, plus the independent Texas grid. The physical electrical lines connecting all of the systems are fragile and outdated, experts told CNN. Clements cautioned that even a bigger grid can’t solve all the challenges posed by climate change-fueled extreme weather.

Persons: Cary Kottler, ” Kottler, Helene, Milton, ”, Allison Clements, “, you’ve, Clements, ” Clements, Rob Gramlich, Ariel Horowitz, Horowitz, Biden, Jennifer Granholm, there’s, Hurricane Helene Organizations: CNN, Texans, Pattern, Energy, “, Energy Department, DOE Locations: Uri, Texas, California

Ashley Aldous Pangborn, 35, said she was glad friends persuaded her to set up a GoFundMe campaign after Helene filled her family’s Homosassa, Florida, home with 28 inches of water. Ashley Aldous Pangborn and her family have been living in short-term rentals for the last few weeks. Ashley Aldous Pangborn, Homosassa, Fla. GoFundMe’s Hurricane Helene Relief Hub features thousands of fundraisers that it says it has determined are authentic. Ashley Aldous PangbornPangborn said she received the initial $750 relief payment FEMA provides to disaster survivors.

Persons: Helene, Milton, Biden, Donald Trump, crowdfunding, Ashley Aldous Pangborn, Idalia, ” Pangborn, Hurricane Helene, Ashley Aldous Pangborn Pangborn, Pangborn, she’s, “, ”, GoFundMe, who’ve Organizations: Federal Emergency Management Agency, FEMA, Hurricane Locations: Asheville, North Carolina, Florida, Homosassa, Fla, Milton, North Carolina’s, Smoky

☆ Retail sales rose 0.4% in September, better than expected; jobless claims dip
▼ + stars: | 2024-10-17 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

A customer during the grand re-opening of a Century 21 department store in New York, US, on Tuesday, May 16, 2023. Retail sales increased a seasonally adjusted 0.4% on the month, up from the unrevised 0.1% gain in August and better than the 0.3% Dow Jones forecast, according to the advanced report. Excluding autos, sales accelerated 0.5%, better than the forecast for just a 0.1% rise. The numbers are adjusted for seasonal factors but not inflation, which rose 0.2% on the month as measured by the consumer price index. Despite the decline in initial filings, continuing claims, which run a week behind, edged higher to 1.867 million.

Persons: Dow Jones, Helene, Milton Organizations: Federal Reserve, Commerce Department, Dow, Labor Department, Stock, Boeing Locations: New York, Florida, North Carolina, U.S, Michigan

☆ A full economic recovery in Asheville and Tampa ravaged by Milton and Helene may happen faster than you think
▼ + stars: | 2024-10-17 | by ( Elisabeth Buchwald | ) edition.cnn.com time to read: +4 min

New York CNN —The economic successes of Asheville, North Carolina and Tampa, Florida, have been the envy of many cities across the United States. Will the economies in hard-hit areas like Asheville and Tampa ever fully recover from the hurricanes? Economic activity plunged in the immediate months following Hurricane Katrina in New Orleans, Hurricane Harvey in Houston and Hurricane Irma in Columbia, South Carolina. But within one year after those hurricanes, among the costliest in the US in the last 20 years, economic activity rebounded to levels similar to or greater than before the hurricanes. People could similarly leave parts of Florida if home and flood insurance rates, which have gone up significantly in recent years, continue to jump post Helene and Milton, Kamins told CNN.

Persons: Hurricanes Helene, Milton, Hurricane Harvey, Hurricane Irma, Harvey, Irma, Eric Gay, Helene, Adam Kamins, ” Kamins, Kamins, he’s Organizations: New, New York CNN, Labor Department, Hurricanes, Office, National Guard, Hurricane, ” Local, Moody’s, CNN Locations: New York, Asheville , North Carolina, Tampa , Florida, United States, Will, Asheville, Tampa, New Orleans, Hurricane, Houston, Columbia , South Carolina, Sandy, New Orleans , Louisiana, Texas, ”, ” Local Louisiana, Orleans, Florida, North Carolina

☆ The SBA can't help business owners hit by Helene, Milton until Congress comes back post-election
▼ + stars: | 2024-10-17 | by ( Catherine Boudreau | ) www.businessinsider.com time to read: +5 min

The Small Business Administration ran out of funding for its disaster loan program on October 15. The lapse could slow recovery efforts by small businesses damaged by hurricanes Helene, Milton. The Small Business Administration said on October 15 that its disaster loan program had run out of money. In the meantime, Biden administration officials and business leaders are encouraging people to fill out applications for SBA disaster loans. Are you a business owner, homeowner, or renter affected by the SBA's pause in disaster loans?

Persons: Milton, —, Helene, isn't, Kit Cramer, Cramer, Hurricane Helene, Hurricane Milton, Joe Biden, Hurricanes Helene, Mike Johnson, Biden, Isabel Casillas Guzman Organizations: Business Administration, SBA, Service, Asheville Chamber of Commerce, Hurricane, FEMA, Hurricanes, Republican, Chamber of Commerce Locations: Asheville, Hurricane, reconvene, Louisiana, Washington, Swannanoa , North Carolina

The Summary Forecasts for hurricanes Helene and Milton were highly accurate. Nearly five days before Hurricane Milton hit Florida, National Hurricane Center forecasters predicted its track within just 12 miles of where the storm later made landfall. And yet, at a time when hurricane forecasts are at their most accurate, some meteorologists say they’ve never faced so much skepticism, hatred and conspiracy-minded pushback. They take it personally.”Hurricane forecasts have become more accurateHurricane forecasts have improved dramatically over the past 50 years. The National Hurricane Center publishes data each year about how its forecasts have aligned with reality, and the trend shows a decline in track errors since the 1970s.

Persons: Helene, Milton, ”, John Morales, they’ve, They’ve, “, there’s, Matthew Cappucci, ” Cappucci, Cappucci, Bill Gates, Bradley Panovich, “ It’s, Kim Klockow McClain, Shel Winkley, ” Winkley, Hurricane Milton “ Organizations: Hurricane Milton, National Hurricane Center, National Weather Service, NBC, MyRadar, Washington Post, Harvard, Climate, NOAA Locations: Florida, North Carolina, Appalachia, Louisiana, Charlotte , North Carolina, Hurricane

☆ Retail spending report could show consumers still pouring money into the economy
▼ + stars: | 2024-10-16 | by ( Jeff Cox | ) www.cnbc.com time to read: +2 min

Consumer spending was expected to hold strong in September, possibly even more than forecast and enough to throw another wrinkle into the Federal Reserve's thought process. "If retail sales accelerate considerably, in our view, the narrative may shift further toward 'no landing' or even re-acceleration." "Monthly retail sales data can be volatile. For now, Bhave thinks a strong sales report will "probably not … at least, not yet" hit Fed policy. At the same time the retail report drops, the Labor Department will issue its weekly reading on initial unemployment claims.

Persons: Dow Jones, Aditya Bhave, Bhave, Hurricanes Helene, Milton Organizations: Bank of America, Fed, Labor Department, Hurricanes, Boeing Locations: Michigan

ST. PETERSBURG, Fla. — Florida wildlife experts are warning locals in areas battered by Hurricanes Helene and Milton to avoid dark floodwaters for a hair-raising reason: alligators and snakes. The Florida Fish and Wildlife Conservation Commission wrote on X after Milton hit: “Some wildlife, such as alligators, snakes, and bears are more likely to be seen after a storm. She warned that alligators don’t want to be near people, but if someone tries to grab them, they will snap at them. Also ahead of Milton, the Florida Health department urged people to avoid floodwaters due to exposure to Vibrio, a flesh-eating bacteria commonly found in warm coastal waters. It stirred up colonies of yellow jackets in western North Carolina, likely due to their underground nests being destroyed from rain, flood water and toppled trees.

Persons: Milton, ” Rene Walker, “, ” Walker, Jen Messer, ”, Messer, ” Messer, ” Ron Magill, Keith March, We’ve, Walker, Hurricane Helene Organizations: Hurricanes, Hurricane Milton, Tampa Bay, NBC News, Florida Fish and Wildlife Conservation, gator, Zoo Miami, and Wildlife Conservation Commission, Florida Health Locations: PETERSBURG, Fla, — Florida, Hurricane, Tampa Bay, Tampa, Pascoe County, ”, Florida, Milton, North Carolina

☆ North Carolina: FEMA forced to pause Hurricane Helene aid due to reported threats toward responders
▼ + stars: | 2024-10-14 | by ( Paradise Afshar | Ella Nilsen | ) edition.cnn.com time to read: +4 min

CNN —Aid to several communities impacted by Hurricane Helene was temporarily paused in parts of North Carolina over the weekend due to reports of threats against Federal Emergency Management Agency responders, amid a backdrop of misinformation about responses to recent storms. Some FEMA teams helping disaster survivors apply for assistance in rural North Carolina are currently working at secure disaster recovery centers in counties where federal workers are receiving threats, a FEMA spokesperson told CNN on Monday. More than 100 people were killed in North Carolina and thousands of others were left grappling with catastrophic damage. There were more than 1,200 FEMA staff providing support in North Carolina as of Saturday, according to an update from the agency. FEMA officials have received threats before, but the difference is the magnitude of threats received in the wake of Helene’s devastation in North Carolina, the FEMA spokesperson told CNN.

Persons: Hurricane Helene, It’s, Helene, Phil Howell, Howell, we’ve, Hurricanes Helene, Milton, Joe Biden, ”, Kerry Giles, CNN’s Jalen Beckford Organizations: CNN, Federal Emergency Management Agency, FEMA, National Guard, Washington Post, Sheriff B, Facebook, Rescue, Hurricanes, Biden, Senior Locations: Hurricane, North Carolina, Rutherford County, Asheville, Florida, Ashe County, Tennessee, Virginia, ”, ” Rutherford

☆ Biden, surveying Milton's aftermath, announces $600M for rebuilding in Florida and other states
▼ + stars: | 2024-10-13 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Elyse-Perlmutter-Circle-Byline-Template.Jpg | Elyse Perlmutter-Gumbiner | ) www.nbcnews.com time to read: +4 min

President Joe Biden announced while surveying storm-damaged Florida on Sunday that over $600 million will flow to states affected by hurricanes Helene and Milton, which ravaged Georgia and North Carolina as well. Ahead of the storm, the Biden administration sought to combat misinformation about the emergency funds flowing to the state. No money is being diverted from disaster response needs. FEMA’s disaster response efforts and individual assistance is funded through the Disaster Relief Fund, which is a dedicated fund for disaster efforts. Disaster Relief Fund money has not been diverted to other, non-disaster related efforts.”FEMA uses Disaster Relief Fund money solely for that purpose.

Persons: Joe Biden, Milton, Pete Beach, Biden, ” Biden, Adrian Petrila, Kathleen Peters, Donald Trump, Jim Jordan, Trump, Mike Johnson, Kristen Welker, “ We’re, ”, “, Welker, I’ve, ” Johnson Organizations: St, Pete, Federal Emergency Management Agency, FEMA, Disaster Relief Fund, Disaster, Fund, Border, Lawmakers, NBC Locations: Florida, Georgia, North Carolina, St, St . Petersburg, Pinellas, Tampa, Ohio, U.S

Here’s the latest:• Gas stations still waiting for fuel: Just under 30% of the state’s gas stations have no fuel as of early Sunday, according to the monitoring website GasBuddy.com. In the hard-hit Tampa-St. Petersburg area, more than three quarters of stations, 77%, are out of gas. Some people told CNN they’ve had to use word of mouth to find out which stations have gas. Paula Cast told CNN her family visited four or five different gas stations Friday, but everything was closed. Then on Saturday, they got a call from one of their friends saying a Wawa station had gas.

Persons: Joe Biden, Ft ., Kevin Guthrie, Ron DeSantis, Crews, ”, Mike Jefferis, •, Biden, Hurricane Milton ”, Milton, Hillsborough County Sheriff Chad Chronister, ” Chronister, they’d, Chronister, CNN they’ve, Paula Cast, we’ve, CNN’s Sam Fossum Organizations: CNN, White House, • Gas, state’s Division, Emergency Management, Patrol, ”, FEMA, Hurricane, Hillsborough County Sheriff, National Weather Service, Hillsborough Locations: Milton, Florida, St, Petersburg, Tampa, Sarasota, Ft, Ft . Myers, Naples, Orlando, state’s, Plant City, Bradenton, Charlotte, Pinellas, Hillsborough, • St, Hillsborough County, Tampa Bay, Hillsborough , Sarasota, Manatee, Lithia , Florida, Valrico, Oldsmar, Pinellas County ., Wawa, Valrico , Florida

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