President Trump: ‘We Will Be 100%’ With Hurricane Florence Victims Wednesday, President Donald Trump sought to offer comfort to families who suffered losses in Hurricane Florence, declaring “America grieves for you” as he arrived in North Carolina to survey damage left by the powerful storm. President Trump pledged to be with storm victims “100 percent” […]
Tropical Storm Florence’s Effect on the Commodities Markets $CORN, $WEAT, $SOY The impact of Florence chases Hogs to higher marks Soybean steady post-WASDE. Corn falls to the bottom of its trading range. Wheat declines sharply. Cotton remains firm on Florence. Meats move higher, though it is off-season for demand. As Florence bore down on the Carolinas, […]
Tropical Storm Florence, The Aftermath and Beyond Sunday, the flooding from Tropical Storm Florence spread across the Carolinas, with roads to Wilmington cut off by the epic deluge and muddy river water swamping entire neighborhoods miles inland. “The risk to life is rising with the angry waters,” Governor Roy Cooper declared as the storm’s death […]
Florence Punishes Carolinas with Rain, Flooding, 8 Dead Florence dumped huge amounts of rain on North and South Carolina as it blew inland Saturday, triggering dangerous flooding, knocking out power in nearly 900,000 homes and businesses, and causing at least 8 deaths so far. Florence’s intensity has diminished since it roared ashore along the US […]
Update: Florence Proves Deadly, 5 11 Have Died Already Florence slammed into the Carolina coast and moved inland Friday, knocking down trees, overflowing rivers, dumping sheets of rain and leading to the death of 5 people before it was downgraded to a tropical storm still capable of wreaking havoc. A mother and her baby died when […]
Hurricane Florence Performing as Predicted Florence Unleashes Wrath on Carolinas, With Worst Yet to Come Hurricane Florence is doing “exactly as predicted,” and the storm surge and flooding remain the major dangers, FEMA Administrator Brock Long said Friday after the eye of the storm made landfall. “Because of the expansive wind field and the slowdown […]
Hurricane Florence Will Not ‘Move the Needle’ on US Economy $DIA, $SPY, $QQQ, $RUTX, $VXX US Commerce Secretary Wilbur Ross predicts that Hurricane Florence will not be devastating to the overall US economic, despite any financial damage to North and South Carolina. “Overall, it’s not going to move the national economy,” Ross said Thursday while touring […]
Hurricane Florence’s Effect on Commodities $CORN, $WEAT, $SOY, $USO,$UNG Thursday’s US economic data included: CPI, Export Sales, Jobless Claims and followed by EIA Gas Storage. But the the Main headline is Hurricane Florence bearing down on the east coast, and a major tropical disturbance in the Gulf of Mexico, it is 1 that has a 50% chance of forming into […]
Florence Hammers the North Carolina Coast Hurricane Florence began hammering the North Carolina coast Thursday, with heavy surf pounding the Outer Banks and barrier islands, as the storm’s surge drove seawater over some beaches and past oceanfront homes. The storm was downgraded from a category 4 Thursday to a category 2, but its massive size, […]
Hurricane Florence: Winds and Rain Lashing the Carolinas President Trump urged people to get out of the way. “Don’t play games with it. It’s a big one The outer bands of wind and rain from a weakened but still deadly Hurricane Florence began lashing North Carolina on Thursday as the monster storm moved in for […]
Hurricane Florence Will Distort Economic Data, Expect Little Harm $HD, $LOW The coming economic impact of Hurricane Florence is unlikely to be large but will likely muddle US data for months, judging from past experience. Last year, Hurricanes Harvey and Irma constrained activity in Q-3 of Y 2017 and sparked rebuilding later in the year […]
Hurricane Florence from the International Space Station Hurricane Florence is predicted to slam into the US East Coast as an “extremely dangerous major hurricane” overnight Thursday. The storm may stall over South Carolina and North Carolina, dump several feet of rain, and trigger widespread floods. A camera aboard the International Space Station recorded video of Hurricane Florence Wednesday morning, […]
US Farmers Hurry to Harvest Crops as Hurricane Florence Looms $WEAT, $CORN, $SOY As powerful Hurricane Florence moves closer to the southeastern United States Tuesday, farmers in North Carolina rushed to harvest Corn and Tobacco and stock up on pig rations, while the danger of deadly flooding threatened a state where millions of farm animals […]
Gas Stations are Out of Gas in Florence’s Path $UGA As Hurricane Florence strengthens, over 1.5-M ordered to flee Tuesday, more than 1.5-M people were ordered to evacuate their homes along the US southeast coast to escape Hurricane Florence, a major Category 4 storm expected to make landfall in the Carolinas later this week. Gas […]
Hurricane Florence Driving Crude Oil and Gasoline Higher $USO, $OIL, $UGA Crude Oil and Gasoline posted the biggest gainers since late June as Hurricane Florence threatened US East Coast fuel markets and sanctions began crimping Iranian Crude Oil exports. Crude Oil futures in New York climbed 2.5%, while gasoline futures popped higher by 2.8% Tuesday. […]
Hurricane Florence Pounds Some Financial Markets $KBWP, $All, $TRV, $IAK, $HD, $LOW, $GNRC The path of Hurricane Florence’s potential destruction runs right through markets from stocks to mortgage-backed securities. The Category 4 storm, which is forcing more than 1-M people to flee to safety and could wreak as much as $27-B in damages in the […]
Hurricane Florence Seen Causing $27-B in Damages $HD, $LOW urricane Florence’s top winds hit 130 miles (209 kilometers) per hour to become a Category 4 storm, one step below the most severe level, as it pushed toward the U.S. East Coast, where mandatory evacuation orders went into effect. Parts of North Carolina’s Outer Banks were […]
Hurricane Florence Stalks US East Coast Monday, more than 1-M people were ordered to evacuate the path of Hurricane Florence as the Category 4 storm packing winds of 130 miles per hour (195 kilometers per hour) bore down on the East Coast of the United States. South Carolina Governor Henry McMaster told up to 1-M […]
Hurricane Florence on Course to the Carolinas Hurricane Florence has grown to a potentially catastrophic Category 4 storm Monday as it closed in on North and South Carolina, carrying winds and water that could wreak havoc over a wide stretch of the eastern United States later this week. The 1st effects were already being seen […]
Florence Approaches US Becoming an ‘Extremely Dangerous’ Storm People in Florida through North Carolina should ensure they have their hurricane plan in place and follow local officials asvise. Tropical Storm Florence is expected to grow into an “extremely dangerous” hurricane by Monday as it approaches the US East Coast, the National Hurricane Center said, urging […]
A 2.7-Mile-Wide Asteroid to Pass by Earth on 1 September This coming Labor Day weekend is set to get off to a stellar start when a 2.7-mile-wide asteroid has a “relatively close encounter” with Earth Friday, 1 September, according to NASA officials. The asteroid, named Florence, will be the largest to pass this close to […]
Modena, Italia Home of Ferrari & Osteria Francescana $RACE Modena is a microcosm of everything that draws 48.5-M travelers to Italy annually. Travelers to the small Northern Italian City of Modena in Emilia-Romagna, Italy’s agricultural center can find the most coveted dinning reservation on Earth, at Osteria Francescana (the best restaurant in the world), visit the […]