1. The demolition is done. Northridge Mall in Milwaukee is finally gone. City leaders gathered at the site today to celebrate the completion of the demolition. This is a milestone in the city's ongoing efforts to transform Granville Station. Now that the site is clear, future re-development can begin. There's no plan yet for what might be built on the land next. Milwaukee Mayor Cavalier Johnson says the city wants to listen and learn from the community and builders right now. They want to figure out what would be successful on the land and add vibrancy to the northwest side of the city. Northridge Mall closed back in 2002.
2. Jamaica is recovering after getting slammed by Hurricane Melissa. The storm barreled through the western part of the island, as a category five storm. Officials say about 77 percent of the island is without power. Doctor Dana Morris Dixon, Jamaica's Education Minister, told reporters today that the Jamaican government has issued an "all clear", so that rescue crews can start rebuilding.
Currently, Melissa is an “extremely dangerous” Category 3 hurricane as it closes in on Cuba, the National Hurricane Center warned.
3. The Federal Reserve is expected to cut interest rates later today. One interest rate cut now won't make a big change but over the course of months it could really start to impact consumers. So, what we could see is borrowing costs will go down a little bit for consumers and for businesses. So, we are looking at things like mortgage rates, which are now at their lowest level in about a year.