Strong gusts of wind and bands of heavy rain hit the Jensen Beach Causeway Park in Jensen Beach, Florida on Tuesday. Photo: Adam DelGiudice/AFP/Getty Images
Hurricane Dorian is lashing Florida's northeast coast with tropical conditions, with dangerous winds and coastal flooding reported in the state as the deadly storm heads toward the U.S.
The big picture: Dorian was downgraded to a Category 2 storm on Tuesday, but the National Hurricane Center warns that it'll remain a powerful hurricane, and it's forecast to move near or over the Carolinas' coast Thursday through Friday morning. States of emergency have been declared in Florida, Georgia, South Carolina, North Carolina and Virginia. Mandatory evacuations had been taking place in the 5 states since the weekend, affecting millions of people, per ABC News
Editor's note: This is a developing news story. Please check back for updates.
China and much of Southeast Asia look to be bouncing back strongly from the coronavirus pandemic as stock markets and much of the country's economic data are returning to pre-pandemic levels.
What's happening: "Our tracking points to a clear V-shaped recovery in China," economists at the Institute of International Finance said in a note to clients Tuesday, predicting the country's second-quarter growth will rise above 2% after its worst quarter on record in Q1.