Flooding swamps New Orleans; possible hurricane coming next

The system was expected to become a tropical depression by Thursday morning, a tropical storm by Thursday night and a hurricane on Friday.

Powells message to Congress: Rate cut is likely coming soon

The chairman’s remarks led investors to send stock prices up, bond yields down and the value of the U.S. dollar lower on expectations of lower interest rates.

Court policies punish the poor with fines, probation, debt

For years, state and city officials in the U.S. — unwilling to raise taxes — have steadily increased their reliance on court fines and fees to balance budgets. Poor defendants who can’t pay are often jailed.

‘Middle Class Joe’ Biden earned more than $15M after leaving White House

Joe Biden and his wife, Jill, took in more than $15 million since leaving the Obama White House, according to newly released documents, catapulting the Democratic presidential candidate into millionaire status and denting the working-class aura he’s developed over decades.

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