Southeast

Some 235,000 commercial buildings worth upwards of $1 trillion are in the path of Hurricane Milton as the storm barrells toward Florida, according to Moody's.

The State of Florida estimates anywhere from $10 billion to $20 billion worth of insured losses and damage, says CFO Jimmy Patronis as Hurricane Milton is on track to make landfall soon.

The first major amusement park in the Orlando metro area announced closures ahead of Hurricane Milton, which is expected to sweep over the area this week.

Hurricane Milton is already impacting the fuel supply in Florida with pumps near Tampa and Orlando running dry as people flee to safer areas.

Florida insurance and FEMA "isn't going to do much" to help businesses survive after "so much disaster" from Hurricane Helene and the creeping Hurricane Milton.

Hurricane Milton is barreling toward Florida as residents and the state's already battered insurance market prepare for what is expected to be a major property event.

Hurricane Helene hit North Carolina hard, including one of America's great treasures, the Biltmore Estate, a product of the Vanderbilt family in the Gilded Age.

Elon Musk accused the Federal Emergency Management Agency of hampering efforts to set up Starlink satellite internet to help in the wake of Hurricane Helene, which the agency has denied.

Japanese automobile manufacturer Toyota will not begin producing electric vehicles at its U.S. factories in 2025 as planned, postponing production until the first half of 2026.

Gov. Ron DeSantis said Florida's National Guard and State Guard will deploy to the state's ports to restore operations amid the dockworkers strike and Hurricane Helene recovery.

Hurricane Helene devastated the town of Spruce Pine, North Carolina, shutting down mining operations for pure quartz, a critical component for microchips and solar panels.

Roughly 1 in 200 family homes in Hurricane Helene-devastated Appalachia have flood insurance, according to a report.

An Airbnb owner from Chimney Rock, North Carolina, captured footage after Hurricane Helene passed by, and talks about impacts to the tourist season.

Hurricane Helene brought historic devastation across the Southeast leaving more than 100 people dead and a preliminary estimate puts its economic cost up to $34 billion.

Rep. Greg Murphy, R-N.C., said the "cataclysmic" damage brought by Hurricane Helene could leave western parts of the state in recovery mode for years.

The last full-size U.S. Kmart store location, which is in New York, is reportedly set to close in October 2024, leaving only one smaller store remaining.