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Bloomberg

Torrential Rains Cause Flash Flooding Across New York Area

Good morning. Torrential downpours create flooding across New York. Nvidia plans to resume AI chip sales in China. And we explain what Donald Trump's new bill means for your taxes. Listen to the day's top stories. Torrential downpours unleashed flash flooding around New York, New Jersey and Connecticut last night. Multiple subway stations were inundated, forcing the MTA to suspend or severely delay service across several lines. Meanwhile, Texas is braced for another round of heavy rain. Read our explainer on why the state is so vulnerable to climate disasters.