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mid-atlantic states. after leaving florida, ian did make landfall earlier today near myrtle beach, south carolina, as a category one hurricane. it heavily flooded a local street. do you see this? this was a scene a few miles south and nearby pawleys island. the streets are turning into rivers look at this. the power of the storm surge as the hurricane was churning, the atlantic ocean, it sliced a peer into. as ian news northward tonight, a tornado watches now in effect for parts of the carolinas and virginia for at least one more hour until 10 pm eastern. meanwhile, back in florida, the extent of the destruction, well, it s staggering. this, that we re looking at, that is aerial video of fort myers beach. much of the committee has simply been totally obliterated. the result of a hurricane smashing into that part of florida as a massive category four storm. last night, the sheriff s office in lee county what you campuses the fort myers area, is releasing this new video, ....
is a monster move again, and they have signaled that they are not done and project nag the interest rates are going to be going significantly higher from here, and the message that the fed is trying to convey is clear. they are serious about trying to get stubbornly high inflation back down, but the moves they are making here have lifted the interest rates to the highest level since 2008, and now the fed was late to this inflation fight. they did not start raising interest rates until earlier this years, and they have been forced to play catchup, and that has forced the interest rates to go rapidly higher, and we have not seen three straight moves of a percentage point and we have not seen anything like that since the modern era, and you have to go back to 1981, and this is not a perfect comparison, because that is before the fed publicly announced the fed moves, and what does it mean? it means the borrowing costs are higher, and interest rates and car loans and mortgag ....
it s the top of the hour on cnn newsroom. i m alisyn camerota. hurricane ian just made landfall as a category 1 storm on the south carolina coast. it hit near georgetown, between myrtle beach and charleston, and just as it did in florida, it s bringing life-threatening storm surge and heavy rains. it currently has 85-mile-per-hour winds. the tide has been going up in myrtle beach by a foot an hour. look at some of these images on your screen right now of all of the flood waters in myrtle beach. in north myrtle beach, this pier collapsed during the storm. obviously, we ll see much more damage once the storm passes through this area, and then in florida, utter destruction after the west coast got hammered. at least 25 people are dead as of last count. officials warn, though, that that number will likely rise. some areas like ft. myers beach are still impassable at this hour. stores and homes there have been reduced to shells, even if they are still on their foundations. ....
path the danger is real to state the obvious. please obey all warnings. brian in florida desperate search and rescue efforts underway this morning. at least 10 confirmed dead. officials warn that number likely to climb. significant damage that i saw was on fort myers beach there have been more than 700 confirmed rescues and there is likely many more than that. brian: there you go. before and after photos showing the extent of the damage in fort myers. curfew being enforced there to prevent looting. more than 2 million people across florida still have no power. we have live team coverage this morning. meteorologist adam klotz is standing by with ian s latest track. but, first, fox weather correspondent robert wray is live in fort myers with a look at the damage. robert? yeah, it s tremendous. it s really everywhere you look. and especially when you start heading down to fort myers beach where all those rescues have occurred and where governor antioxidant just tal ....