Hurricane Ian Death Toll Rises To Over 80
The death toll of Hurricane Ian past 80, while residents in the U.S. state of Florida and the Carolinas faced recovery costs expected in the tens of billions of dollars.
British Pound Plunges To Record Lows
The British pound plunged to an all-time low against the U.S. dollar Monday as investors ran for the exits after the new government’s fiscal plan threatened to stretch Britain’s finances to their limits.
CBO: Surging Federal Debt Under Obama Unsustainable
The U.S. budget deficit is likely to fall by $60 billion in 2015 due to strong revenue gains, the Congressional Budget Office said on Tuesday, enabling the government to stave off default without a debt limit hike perhaps through early December.