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Surging Treasury yields expose a brutal truth: America has no margin for error on its $39 trillion debt

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Weather and forecasting

Tropical Storm Laura, not yet a hurricane, threatens coastal Texas and Louisiana

Andrew Nusca
By
Andrew Nusca
Andrew Nusca
Editorial Director, Brainstorm; author, Fortune Tech
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Andrew Nusca
By
Andrew Nusca
Andrew Nusca
Editorial Director, Brainstorm; author, Fortune Tech
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August 24, 2020, 1:04 PM ET

Tropical Storm Laura, currently a few miles south of Cuba, is expected to make landfall in Louisiana and Texas late Wednesday night, bringing flooding rainfall and potential hurricane danger to the U.S. Gulf Coast.

Heavy rain and strong winds are already on tap for Cuba, Jamaica, and the Cayman Islands, according to meteorologists. By early Tuesday, Laura is expected to enter the Gulf of Mexico, where conditions could allow the storm to “strengthen significantly” into a proper hurricane, according to the Weather Channel.

A tropical storm is has maximum sustained surface winds between 39 mp.h. and 73 m.p.h. It becomes a hurricane once those winds reach 74 m.p.h.

An Aug. 24, 2020 forecast for Tropical Storm Laura from the National Hurricane Center.
An Aug. 24, 2020 forecast for Tropical Storm Laura from the National Hurricane Center.
National Oceanic and Atmospheric Administration

How bad could the damage be? It’s too early to tell, experts say. (Here’s the National Hurricane Center’s page for Laura, where you can track the storm’s progress.)

The center of the storm is currently forecast to make landfall near Lake Charles, La., about 140 miles east of Houston and 200 miles west of New Orleans. (Both of those cities are low-lying and prone to flooding, though neither is currently in the storm’s path.)

About the Author
Andrew Nusca
By Andrew NuscaEditorial Director, Brainstorm; author, Fortune Tech
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Andrew Nusca is the editorial director of Brainstorm, Fortune's innovation-obsessed community and event series. He also authors Fortune Tech, Fortune’s flagship tech newsletter.

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