More than 300 companies are talking to government officials in Washington about how detrimental the trade war is.Marketsread more
Powell stresses the central bank's independence in a speech that comes amid continuous pressure from the White House to cut interest rates.The Fedread more
In a text message, Grisham confirmed to CNBC that she will still be working for the first lady even as she takes on her new roles.Politicsread more
Acting Customs and Border Protection Commissioner John Sanders is resigning amid the furor over the Trump administration's treatment of migrant children.Politicsread more
Stocks should rally if the U.S. and China agree to new negotiations and a ceasefire in the trade war, but the economic impact of tariffs will continue.Market Insiderread more
Warren's election reform proposal includes standardized federal election rules, increased federal oversight of elections, and a constitutional amendment guaranteeing voting...Politicsread more
Apple's iOS 13 is coming this fall, but you can already try it on your iPhone with the new public beta. Here are some of the best hidden features.Technologyread more
Even if the debate stage will be more crowded than ever, recent history shows they can reveal the candidates' skills and character - even if the two stand at odds.Politicsread more
Micron beat analyst estimates on earnings and revenue for its fiscal third quarter of 2019.Technologyread more
Investors are piling into gold, sending the precious metal to a six-year high, and analysts think the commodity has established a base to go even higher.Marketsread more
Trump slams Iran on Twitter for issuing a "very ignorant and insulting statement" after the U.S. slapped fresh sanctions on Tehran.Politicsread more
Sammy Musovic was planning to buy a condo in Miami's Coconut Grove or South Beach at the end of the year, leaving his Manhattan restaurant business to his two sons.
"I was going to retire and go to Florida, but now I'm definitely reconsidering," the 55-year-old Musovic said after Hurricane Irma wreaked havoc on Florida. "I want to feel comfortable and enjoy myself, I don't want to feel like I'm in danger."
The Sunshine State — which benefits from an overall low cost of living, extensive availability of health-care facilities and recreational activities, including golf, museums and beaches, as well as no personal income tax — consistently ranks among the best place to retire. (Texas has also been considered a top retirement spot, in part because it also has no income tax.)
Of course, that also has to do with the weather, which aside from hurricane season, is generally balmy and beautiful.
But the devastation from Hurricane Irma, fresh on the heels of Hurricane Harvey, which plowed into Houston late last month, has some retirees and soon-to-be retirees like Musovic second-guessing their decision.
Over the last decade, Florida has been the most attractive destination by far for seniors, as measured by average annual net migration for the 55-plus set, according to an analysis of Census Bureau data by William Frey, a demographer at the Brookings Institution. But it's been steadily losing ground to states like Georgia, Arizona and the Carolinas.
And still, most American retirees are deciding to stay put, and those who do move usually don't go far, according to Rodney Harrell, director of AARP's Livable Communities program. (According to Brookings, less than 1 percent of Americans make an interstate move.)
"These weather events could have a real impact," said Karen Smith Conway, an economics professor at the University of New Hampshire, citing the increased cost of living, particularly with regard to insurance in the storm's aftermath.
According to Conway's research, Louisiana's in-migration was greatly impacted in the post-Katrina period. "We saw a big dropoff in their migration in the five years to follow," she said. "I would think there would be a similar dropoff after Irma."
Comparatively, after a series of hurricanes pummeled the Sunshine State in 2004-2005, including Charley and Ivan, there was an uptick in the number of retirees moving to south Georgia, "We saw a shift away from Florida," said Jon Rork, an economics professor at Reed College who also studies retirement migration.
"Past experience has shown us there will be a short-term blip; the question is how short is short term," Rork said.
"What we did see after 2004-2005 hurricanes is that property insurance rates went up and it did get more expensive here relative to the Carolinas or Tennessee," said AARP's Florida state director, Jeff Johnson.
The impact from this particular storm remains to be seen, Johnson said.
"My hope is, as we rebuild, leaders of the state are thoughtful about how we do it in a way that makes Florida even better for people of all ages — whether you are 8 or 108."
More from Your Money Your Future:
Would-be snowbirds come home to roost as over 80 percent of retirees age in place
Retire here if you want to save on these taxes
Older Americans lose $36.5 billion each year to financial abuse