Bolton’s firing empowers Pompeo, opens door for Trump diplomacy

President Trump’s stunning dismissal of John R. Bolton clears the stage for Secretary of State Mike Pompeo — along with Vice President Mike Pence, one of the few members of Mr. Trump’s original national security inner circle still standing — to wield more influence over a raft of foreign policy challenges confronting the White House.

Deficit surpasses $1 trillion: CBO

The federal deficit surpassed $1 trillion in the first 11 months of fiscal 2019, the Congressional Budget Office (CBO) said Monday.

Trump administration unveils Fannie, Freddie overhaul, urges Congress to act

The U.S. Treasury on Thursday said the government should draw up a plan to begin recapitalizing mortgage giants Fannie Mae and Freddie Mac, while calling on Congress to pen a comprehensive housing reform that would allow them to be safely freed from government control.

Dorian creeps up US coast; near-record storm surge feared

A weakened but still deadly Hurricane Dorian crept up the Southeastern seaboard Wednesday, and millions were ordered to evacuate as forecasters said near-record levels of seawater and rain could swamp the coasts of Georgia and the Carolinas.

U.S. economy slowing, but consumers limiting downside

U.S. economic growth slowed in the second quarter, the government confirmed on Thursday, but the strongest consumer spending in 4-1/2 years amid a solid labor market threw cold water on financial market expectations of a recession.

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