Wall Street Rebounds After Fed Minutes Face No Bombshells
Wall Street rose for a second straight session as Fed minutes from the Aug 8 meeting offered no clear signal on further rate hikes. Oil dipped below 70 dollars a barrel while Conference Board consumer confidence fell, fueling signs the economy may be moderating. The minutes warned another increase could be needed to slow inflation, yet markets largely priced in a softer growth path.
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Mont Belvieu approves budget with various capital and subsidy plans
City council approves allocations including 150000 for exterior city hall facelift and landscaping, 675000 for water and sewer lines, 100000 for a citywide drainage plan, and 607633 for Eagle Pointe Golf Course subsidy. Tax rate unchanged though local bills rise. public hearings set for Sept 7 and Sept 11. An 18 inch pipeline permit from Enterprise Products is approved and Barbers Hill district gets a new animated sign with display restrictions.
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Theft suspect nabbed after Home Depot exit
A 19 year old Dayton man left Home Depot with merchandise when alarms sounded. He fled across a lot and was hidden behind a restaurant dumpster before being apprehended near West Cedar Bayou Lynchburg. He faces charges in Harris County and Baytown courts for theft trespass and evading arrest.
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Home Depot
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Baytown
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