Morning, friends. Grab your coffee, because Isaias is the big one today, with a Category 2 storm headed for the northern Gulf Coast. Your wallet also had a rough Thursday, with oil jumping, stocks sliding and mortgage rates climbing, and there's some Texas news mixed in too.
Hurricane Isaias Update: Cat 2 Storm Takes Aim at the Gulf Coast
Isaias is a Category 2 hurricane with 100 mph winds, and landfall is expected on the northern Gulf Coast late Friday or early Saturday. If you live along the coast or have family there, check in today and keep an eye on updates. Read the story →
Stock Market Slides as Treasury Yields Climb and Oil Jumps 5%
Stocks fell Thursday as Treasury yields hovered near 24-year highs and oil jumped about 5% on tanker attacks near Hormuz. That can show up fast at the gas pump and in your retirement account. Read the story →
Mortgage Rates Hit 7.49%, the Highest Level Since November 2023
The average 30-year mortgage rate has climbed to 7.49%, per the MBA, the highest in nearly three years. If you're shopping for a home or thinking about refinancing, that number matters. Read the story →
Trump Calls for a Paxton-Talarico Debate Texas Senate Race Has Not Had
Trump called for a Paxton-Talarico debate in the Texas Senate race, and Talarico accepted within hours. Ken Paxton hasn't said yes to any debate yet, so Texas voters are still waiting. Read the story →
Blue Origin Constellation Park Brings 2,000 Jobs to Hutto, Texas
Blue Origin and Gov. Greg Abbott announced a satellite manufacturing campus in Hutto, Texas, with more than 2,000 jobs and a $554.78 million investment. It's a big win for the Austin area's job market. Read the story →
That's the brief. Stay dry, stay safe, and go hug your people. Back tomorrow.
— Krish
Get THIS Morning Brief in your inbox every day — subscribe at thiswithkrish.com.
