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Hurricane Debby makes landfall in Florida; expected to pound Southeast

Hurricane Debbie made landfall in Florida’s Big Bend at 7 a.m. ET on Monday, according to the National Hurricane Center (NHC). The storm reached maximum sustained winds of about 80 mph, making it a Category 1 hurricane. According to the NHC, the hurricane was moving in a north/northeast direction at 10 mph and made landfall […]

Dollar fades after claims data, pound recovers from BoE-led low – Yahoo Finance

Written by Chuck Mikolajczak NEW YORK (Reuters) – The dollar fell against most currencies on Monday as economic data showed signs of softening in the U.S. labor market, while the Bank of England opened the door to interest rate cuts. This caused the pound to rebound from its previous lows. The number of new applications […]