Post-tropical cyclone Milton, Tropical Storm Leslie

Milton, now categorized as a post tropical cyclone, is expected to continue moving northeast off of Florida’s Atlantic coast on Friday afternoon, as recovery efforts are underway for the millions impacted by the storm. The National Hurricane Center issued its final advisory on Thursday evening, with the storm continuing to generate maximum sustained winds of…

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The Fed has ‘growing confidence’ inflation is cooling

Federal Reserve Chair Jerome Powell on Monday said there’s “growing confidence” that inflation is moving toward the central bank’s 2% goal during a speech at the National Association for Business Economics conference in Nashville. Powell said that two further rate cuts are possible if the economy continues to perform as expected, though they are likely to…

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