Fed staff expects banking crisis to cause a recession this year

Bloomberg Creative/Getty Images(WASHINGTON) — The Federal Reserve’s staff is more worried about the U.S. economy tipping into a recession after the recent banking crisis, the minutes from the central bank’s meeting in March reveal.

Economists at the …

Torrential rain floods Fort Lauderdale, strands residents

Photography by Keith Getter (all rights reserved)/Getty Images(NEW YORK) — More than two feet of rain brought Fort Lauderdale to a halt on Wednesday, shutting down the city’s airport, stranding drivers on flooded streets, suspending rail services and …