White House and Republican leaders move to build congressional support for the debt ceiling deal. Some Senators vow to make changes if it makes it past the house. The bill heads to the House rules committee on May 30.  We have the details. The Atlantic Hurricane season is set to start on June 1st. We…

White House and Republican leaders move to build congressional support for the debt ceiling deal. Some Senators vow to make changes if it makes it past the house. The bill heads to the House rules committee on May 30.  We have the details. The Atlantic Hurricane season is set to start on June 1st. We…

HOUSTON—This year’s Atlantic hurricane season will bring an average number of ocean storms and hurricanes, the National Oceanic and Atmospheric Administration (NOAA) said on Thursday. NOAA forecasters estimate 12 to 17 named storms of which five to nine of those will develop into hurricanes and one to four will become major hurricanes during the June…

HOUSTON—A slightly below-average 2023 Atlantic hurricane season lies ahead with an El Nino weather phenomenon damping the storm outlook, a top U.S. hurricane forecaster said on Thursday. El Nino, a weather system that forms from warm ocean surface temperatures in the central and eastern Pacific, increases vertical wind shear, lessening or breaking up tropical storms….

Australia is tracking its highest category storm in years after tropical Cyclone Ilsa developed into a highest-severity category five system and is expected to cross Western Australia’s coast with winds up to 285 kilometres ( around 177 miles) per hour. Initially expected to make landfall as a category four system, the Bureau of Meteorology forecast…

Australia is currently monitoring its most severe storm in years as Severe Tropical Cyclone Ilsa has intensified into a Category 5 system, the highest level on the scale measuring cyclone strength. Ilsa is projected to make cross the coast in Western Australia (WA) as one of the most powerful cyclones to make landfall in the…

By Joy Taylor From Kiplinger’s Personal Finance Question: My home suffered significant damage from Hurricane Ian last year. Can I deduct the loss on my tax return? Answer: Personal casualty losses of individuals are deductible to the extent the losses are attributable to federal disasters, such as hurricanes, earthquakes, blizzards, wildfires, tornadoes or major flooding…

FORT MYERS, Fla.—The remains of a man who was reported missing after Hurricane Ian hit Florida’s Gulf Coast last year have been recovered from a sunken sailboat, sheriff’s officials said. The Lee County Sheriff’s Office said Sunday that the remains were identified as James “Denny” Hurst, 72, who was last known to be aboard the…

At least a dozen people in California have died and over 100,000 across the state are suffering outages as the region battles heavy storms, which forecasters predict will continue in the coming days. On Sunday, California Gov. Gavin Newsom said that 12 people had died over the past 10 days in the state owing to…

ZURICH—Hurricane Ian and other natural catastrophes have caused an estimated $115 billion of insured losses so far this year, well above the 10-year average of $81 billion, Swiss Re estimated on Thursday. Natural and man-made disasters did economic damage of $268 billion, of which $122 billion was covered by insurance, making 2022 one of the…