Milton

Major U.S. equity indices edged lower on Thursday following a hotter-than-expected Consumer Price Index (CPI) inflation report for September and as oil prices spiked, driven by fuel disruptions caused by Hurricane Milton and rising tensions in the Middle East. The S&P 500 slipped 0.2% from its...

As Hurricane Milton barrels toward central Florida, Goldman Sachs estimated that the newly classified Category 5 storm could have an adverse impact of $150 million to $200 million on Walt Disney World’s Parks and experiences in the current quarter. This potential loss is primarily attributed...

Florida’s Gulf Coast, still grappling with the aftermath of Hurricane Helene, is now bracing for another major hurricane. Tropical Storm Milton is rapidly intensifying and is expected to hit the region as a Category 3 hurricane by mid-week. What Happened: Milton’s top winds reached 60...