AccuWeather predicts Hurricane Harvey to be the most costly natural disaster in US history
AccuWeather predicts Hurricane Harvey, which has wreaked havoc in Texas, to be the most costly natural disaster in United States history.
BLS: Americans Spend More on Taxes Than Food and Clothing Combined
Americans on average spent more on taxes in 2016 than they did on food and clothing combined, according to data released this week by the Bureau of Labor Statistics.
Trump vows ‘100 percent’ support, rapid federal aid to Harvey victims ahead of Texas visit
President Trump vowed ‘100 percent’ support Monday to the victims of the massive storm known as Harvey, while predicting he and Congress will be able to quickly approve emergency aid to help the region recover.
8th U.S. Circuit Court of Appeals rules against Planned Parenthood
Planned Parenthood had been on a legal winning streak, piling up decisions from judges who have ruled that states can’t stop the country’s largest abortion clinic network from receiving federal grant money.
Fed Lifts Capital Requirements for Banks
The Federal Reserve sent a message to the largest U.S. financial firms: Staying big is going to cost you, the Wall Street Journal reported.
Fed holds off on interest rate hike, downgrades economic forecast
Federal Reserve policymakers on Wednesday kept the central bank’s benchmark short-term interest rate near zero, opting against the first increase since 2006 after determining the economy still isn’t strong enough to handle it.
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