Rescue teams prepare for Imelda to rain down on eastern Texas
- The storm, which early Wednesday was about 25 miles north-northwest of Houston, is expected to drop 6 to 12 inches of rain in the next two to three days across portions of eastern Texas, the National Weather Service's Weather Prediction Center said.
- Imelda is slowly moving inland and has the potential to be among the more destructive storms in the US in recent months because of the amount of rainfall, CNN meteorologist Pedram Javaheri said.
- After drenching coastal Texas and southwestern Louisiana through Wednesday, the storm system is expected to douse eastern Texas and western Louisiana on Thursday, the hurricane center said.
- As much as 9 inches of rain had fallen by Wednesday morning in some areas southeast of Houston, according to the Harris County Flood Warning System.
- Several schools in the Houston-Galveston area announced they would cancel activities for Wednesday because of Imelda.
U.S. Treasury Yields Fall Ahead of Fed Bombshell – CCN.com
- U.S. government debt yields fell on Tuesday, extending their losses for the week as investors assessed mixed messages about the economy heading into the Federal Reserve’s upcoming policy decision.
- The price of U.S. government bonds rose on Tuesday, pushing yields down.
- The yield on the benchmark 10-year Treasury fell nearly 5 basis points to a low of 1.79%, according to CNBC data.
- The 2-year Treasury bond saw its yield fall to a low of 1.72%, which was also a decline of almost 5 basis points.
- Yields on the 30-year Treasury note fell nearly 6 basis points to 2.25%.
- The Federal Reserve will deliver its latest policy verdict on Wednesday amid confusion about which way officials will vote.
- At last check, the chance of a rate cut on Wednesday is almost 50-50, according to Fed Fund futures prices.
Hurricane Humberto is gaining strength and getting bigger as it barrels toward Bermuda
- The concern is not a direct landfall -- though that is still a possibility -- but that the island is now more likely to experience near-hurricane-force conditions because the wind field has expanded.
- Hurricane-force winds (those greater than 74 mph) extend outward up to 60 miles from the storm's center.
- However it tracks, tropical-storm-force winds (of at least 39 mph) will extend onto the island, possibly arriving as early as 8 a.m. ET Wednesday.
- A tropical storm warning and a hurricane watch have been issued by the Bermuda Weather Service.
- Such as warning is issued when tropical storm conditions are expected in the warning area, generally within 36 hours; a hurricane watch means hurricane conditions are possible in the watch area within 36 hours.
The Supreme Court, nationwide injunctions and leap frogging the lower courts
- On the one hand, there are those who say an aggressive solicitor general is coming to the Supreme Court with increasing frequency to ask for emergency relief.
- On the other hand, is a complaint from the highest levels of the Trump administration that such requests are warranted because lower courts are engaging in a relatively new tactic: issuing injunctions blocking controversial policies nationwide while the appeals process plays out.
- "In two and a half years, the solicitor general has applied for at least 20 stays; has sought certiorari before judgment in 10 different cases, and has sought extraordinary writs against three different district court judges," Vladeck writes.
- The appeals court issued a temporary stay -- again blocking the nationwide injunction -- but ordered more briefing on the issue for next week.
- All the while, the Supreme Court was considering the Department of Justice's separate request for relief.
An old telephone pole says goodbye with a touching farewell letter. That's right, a utility pole
- The wooden pole, which stood for years on the corner of 3rd and Federal in the southeast corner of Jefferson Square, was selected to be retired and replaced.
- I just wanted to say it's been my pleasure to be your corner telephone pole for many years now.
- It looks like I'll soon be replaced.
- The neighborhood has changed over the years but I've always been here--holding street signs, electric wires, telephone wires, cable, a light and lately this transformer.
- PECO Energy Company confirmed to CNN that it owns the pole and, yes, that it will soon be replaced.
- A new pole is being installed because one of the other companies that utilizes it for their operations will be upgrading their equipment, which requires a new pole, PECO spokeswoman Kristina Pappas told CNN.
- The pole replacement should be completed this month.
- So, for the pole, there is hope for a new life after this one.