LIVE NOW: View of Florida After Hurricane Debby Touched Down

Published on August 5, 2024

Hurricane Debby landed as a Category 1 storm in the Big Bend region of Florida’s Gulf Coast on the morning of Aug. 5. It began a slow crawl across the state, causing potentially dangerous storm surges, heavy rainfall, and catastrophic flooding. ...

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Hurricane Debby Moves Inland, Starts Slow Crawl to Carolinas

August 5, 2024
[epoch_component type=”live_update” section_title=”Hurricane Debby moves inland, starts slow crawl to Carolinas” update_time=”2024-08-05T10:26″ inline_authors=”194148″ update_source=”” pinned=”false”]Hurricane Debby continues its push deeper into the Florida Panhandle after making landfall in the Big Bend region around 7 a.m. EDT on Aug. 5.In its 8 a.m. intermediate advisory, the National Hurrican

Fed Official Says Central Bank Prepared to Step In With Emergency Measures If Economy Deteriorates Sharply

August 5, 2024
A senior Federal Reserve official said Monday that the U.S. central bank is prepared to step in with emergency rate cuts if the economy takes a sharp downturn, although he suggested that markets were overreacting amid Monday’s stock sell-off.Austan Goolsbee, president of the Federal Reserve Bank of Chicago, told CNBC’s “Squawk Box” on Aug. 5 that as inflation has come down, the effective federal f