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The National Hurricane Center has issued a hurricane warning for sections of the Louisiana coast as Tropical Storm Barry is churning the in the Gulf of Mexico. Barry remains a minimal tropical storm with 40 MPH winds, but is expected to gain strength as it turns toward the Louisiana coast. The National Hurricane Center expects the storm to make landfall during the middle of the day Saturday. The National Hurricane Center said a Hurricane Warning is now in effect for the coast of Louisiana from Intracoastal City to Grand Isle.Despite the disorganized nature of Barry on Thursday, the storm is in a favorable environment for strengtheningThe biggest impact of Barry could be the rain, which could cause flooding. The slow-moving storm could cause some areas to recieve more than a food of snow. 812

The Dow fell 460 points Friday as a leading indicator of a US recession and concern about a global slowdown spooked investors.The index shed 1.8%, while the S&P 500 closed down 1.9%. The Nasdaq plunged 2.5%. It was the worst performance for all three major indexes since January 3.The yield on 3-month Treasuries rose above the rate on 10-year Treasuries for the first time since 2007 — a shift that scared Wall Street. Investors have piled back into stocks after a sell-off in late 2018.The flattening yield curve, or the difference between short- and long-term rates, has worried investors for months. A narrowing spread is typically seen as sign that long-term confidence in the economy is waning, which could signal an eventual economic contraction.Friday's flip added to pressure on the Dow that was building before US markets opened.The index stumbled at the bell on poor manufacturing data from Germany, which also spelled trouble for the country's bond market. The yield on Germany's benchmark 10-year government bond fell below zero for the first time since October 2016.All of that news is fueling Wall Street's ongoing concerns about slowing global growth.White House economic adviser Larry Kudlow told CNBC last year that the spread between 3-month and 10-year Treasury yields was important to watch."It's actually not 10s to 2s; it's 10s to 3-month Treasury bills," Kudlow 1402

The House of Representatives on Thursday approved a resolution to formalize the procedures of the impeachment inquiry into President Donald Trump, marking a significant step in the ongoing inquiry and setting the stage for the next phase in the investigation.The vote was 232-196 and was the first time that the full House chamber took a vote related to the inquiry.The resolution provides the procedural details for how the House will move its impeachment inquiry into its next phase as it investigates a whistleblower complaint alleging that the President attempted to pressure Ukraine to interfere in the 2020 presidential election by investigating the family of his potential political rival, former Vice President Joe Biden.The speaker usually does not preside, but for this historic vote -- House Speaker Nancy Pelosi is doing so Thursday morning.Before the vote, Pelosi said she had the votes to pass the resolution but called it a "sad day" because "nobody comes to Congress to impeach a president.""Today we move further down the path in our inquiry by putting forth our procedures, which are very transparent and open and frankly more transparent and more open giving more privileges to the President," Pelosi said.Pelosi added: "It isn't about partisanship, it's about patriotism."The House Intelligence, Foreign Affairs and Oversight Committees have been 1379

The halftime show at a Thanksgiving football game between the Chicago Bears and Detroit Lions got off to a rough start.Brothers Osborne, a country music duo, only got a few notes into their first song before the music came to a halt and the lights dimmed abruptly at Ford Field in Detroit.The reason? The power had gone out.Moments later, the lights turned back on, and after a brief delay, the show resumed."Well obviously we've had a power hit here in Detroit, just a few notes into the Brothers Osborne here at halftime," announcer Joe Buck said on the broadcast, airing on FOX.A spokeswoman for DTE, a Detroit-based energy company, said in a statement that the company is working with the Lions to identify the cause of the outage.Ford Field said in a statement it was "due to an outside utility failure" and that the ensuing delay in the halftime show was due to the time it took to reset and reconnect the sound system transmitter.Many watching at home took to Twitter to comment on the incident."Just got secondhand shock from that power outage... you know EVERY tech and the control team were RUNNING," tweeted Devon Dyer."Power outage coming up clutch to give the audience enough time to look up who tf the Brothers Osborne are," said Jared Siegel."The Brothers Osbourne power outage is the most awkward musical technical issue since Ashley Simpson's SNL hoedown," said Melissa Chase. 1405

The Office of Personnel Management directed federal agencies to hold off on issuing expected pay raises for a number of senior government officials, including Vice President Mike Pence and Cabinet members, in a memo Friday evening.Dozens of high-ranking officials were supposed to see an increase in their salary, while hundreds of thousands of federal employees and government contractors are unsure when they will see their next paychecks amid the partial government shutdown.Last month, Congress failed to extend the pay freeze on the raises, which would have ended effectively on Saturday and let the increases kick in.But the OPM "believes it would be prudent for agencies to continue to pay these senior political officials at the frozen rate until appropriations legislation is enacted that would clarify the status of the freeze," Margaret Weichert, the acting director of the Office of Personnel Management, wrote in the memo.OPM plans to issue new guidance once Congress passes updated legislation, Weichert said in the memo.OPM's move comes after Trump 1076