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Hurricane Milton

Banking & Finance / Public Companies

Home BancShares Sets Aside Another $16.7M to Cover Hurricane Loan Losses

The parent company of Centennial Bank has now set aside $33.4 million to cover potential hurricane-related loan losses this year. It's also deferring loan payments for affected customers. read more >
An American flag outside the U.S. Capitol building in Washington, D.C.
Banking & Finance / Construction / Government & Politics

Small Business Disaster Loan Program is Out of Money Until Congress Approves New Funds

The shortfall is delaying much needed relief for people applying for aid in the wake of the destruction caused by Hurricanes Helene and Milton. read more >
Business Services / Small Business

US Jobless Claims Hit 258,000, the Most In a Year. Analysts Point to Hurricane Helene, Boeing Strike

Outside of the weather and labor strife, some recent labor market data has suggested that high interest rates may finally be taking a toll on the labor market. read more >
Health Care / Manufacturing

Hurricane Milton Spares Daytona Beach Factory That’s a Critical Supplier of IV Fluids

The factory is seen as an important source of sterile intravenous, or IV, fluid supplies that had grown tight after Hurricane Helene hit Florida and several other states late last month. read more >