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Hurricane Milton Evacuations 'A Matter Of Life And Death,' Biden Says: Fed's Bostic Says Storm Could Have Significant Economic Impact Over Next 6 Months

Benzinga ·  04:32

Hurricane Milton is nearing the west coast of Florida and bringing a second powerful storm to the state within two weeks.

Here's the latest update on the storm, expected to make landfall in the U.S. on Wednesday night.

What Happened:Hurricane Milton reached Category 5 status Monday with winds of 180 miles per hour, making the storm one of the strongest in the world in 2024.

The hurricane was downgraded to a Category 4 storm on Tuesday, but could be elevated to Category 5 status once again Tuesday late or on Wednesday.

"I was just briefed by members of my team who are...

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