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Rattled by a string of explosions, which has put the city on edge for the last two weeks, a possible new explosion was reported Tuesday evening near a Goodwill store, the Austin Police Department said on its Twitter account. But after an hour of investigating, the police department said the explosion stemmed from an an incendiary device. The department said the incident was likely not connected to a previous string of explosions. One male said to be in his 30s was transported to the hospital. Their condition is serious, but the injuries are not expected to be life threatening. Tuesday incident comes just hours after a package detonated at a FedEx package handling facility in Texas.The package's intended destination is unknown.  770

President Trump nominated Federal Reserve Governor Jerome Powell on Thursday to lead the world's most influential central bank.A Fed governor since 2012 and former Treasury official under the George H.W. Bush administration, Powell will replace current Fed Chair Janet Yellen. Yellen was nominated in 2013 by President Obama. Her term as the central bank's first female leader expires in February.It will be the first time in four decades that a new president hasn't asked the current Fed chair to stay on for a second term.Powell was among five candidates considered for the job. Also on the president's short list: former Fed governor Kevin Warsh, Stanford University economist John Taylor, the president's top economic adviser, Gary Cohn and Yellen.Ahead of Trump's formal announcement Thursday, Cohn praised the president's choice. "I'm really supportive of the president's decision -- and it's a great decision," he said speaking before The Economic Club of Washington.Related: Fed leaves interest rates alone and waits for TrumpThe position of Fed chair requires Senate confirmation. Republicans currently hold the majority and would be able to confirm Powell without any Democratic support, if necessary.At 64, Powell has been Yellen's ally on monetary policy, while also calling for easing some of the regulations on banks put in place after the 2008 financial crisis.Unlike almost all of his predecessors in the position, Powell is not an economist by training. Instead, he was a lawyer and former partner at private-equity firm, Carlyle Group.Two immediate challenges face Powell once he is confirmed in the role: How quickly to raise interest rates and how to continue to safely unwind the Fed's hefty balance sheet.It's the job of central bankers to shift policy levers, nudging interest rates higher or lower, to boost jobs and keep prices, or inflation, at the optimal level.What's made their job trickier is that inflation is signaling the Fed should not increase rates. But economic growth and a low unemployment rate of 4.2% are saying it should.Related: Powell would be the first investment banker to chair the Fed Powell has been supportive of Yellen's plan to gradually raise interest rates, if there are continued signs of improvement in the economy."The economy is as close to our assigned goals as it has been for many years," said Powell in a June speech at the Economic Club of New York. "Risks to the forecast now seem more balanced than they have been for a some time."Powell will also have to oversee how the central bank continues to shed some of the .5 trillion in investments it made in order to prop up the economy after the financial crisis. The Fed began the process of unwinding almost a decade's worth of stimulus investments in September.For years, the central bank piled up purchases of Treasury and mortgage-backed securities, a strategy intended to stimulate the economy by reducing borrowing costs for everyone. At the time, it also reduced its benchmark interest rate to zero, and only began raising it in December 2015, seven years after the crisis.Related: Fed taps Jerome Powell to head oversight of 'too big to fail' banksPowell voted in favor of winding down the Fed's balance sheet. And like Yellen, he's left the door open for a new round of asset purchases in the event of another crisis.In April, the Fed tapped Powell to serve as the new point man overseeing how Wall Street banks are regulated after Daniel Tarullo, the central bank's regulatory czar stepped down. Tarullo held the position for the past eight years.In this role, the Fed governor has sided with the Trump administration on easing some of the regulatory burdens on banks. He's specifically suggested relaxing the so-called Volcker Rule, which bars banks from taking risky bets with taxpayer money.The-CNN-Wire 3838

President Trump is thinking about using a travel ban-like executive order to keep a migrant caravan that's working its way through Mexico out of the US.The proposal, according to the San Francisco Chronicle, would block certain asylum-seekers at the Mexican border and represent a dramatic escalation of enforcement. This plan is just in the formative stages, though, and a government official familiar with the working version told the Chronicle it would probably face legal challenges.In the meantime, another US-bound immigrant caravan plans to leave next week from El Salvador. Among the travelers likely are pregnant women, who as immigrants?face particular stresses in America.PHOTOS: Scenes from the migrant caravan heading to U.S.Homeland Security Secretary Kirstjen Nielsen, referring to US troops who are expected to be deployed to the southern border to deter an incoming migrant caravan, said Thursday that "we do not have any intention right now to shoot at people.""We do not have any intention right now to shoot at people, but they will be apprehended, however," Nielsen said in an interview with Fox News. "But I also take my officers and agents, their own personal safety, extraordinarily seriously. They do have the ability, of course, to defend themselves."Defense Secretary James Mattis is expected to sign deployment orders that could send 800 or more troops to the border with Mexico to help border patrol authorities stop the caravan, according to three administration officials.Nielsen said the Department of Homeland Security has asked for the Department of Defense to help "bolster our capabilities" on the border in an effort to avoid a chaotic incident like when migrants were met at the Guatemalan-Mexican border by Mexican police in riot gear."We will absolutely not tolerate violence against border patrol in this situation," Nielsen said. "These are dedicated men and women risking their lives every day. I will not tolerate Mexicans or anybody else acting in a violent way towards our men and women on the border." 2146

PROVIDENCE, R.I. (AP) — As the world races to find a vaccine and a cure for COVID-19, there is seemingly no antidote in sight to the burgeoning outbreak of coronavirus conspiracy theories, hoaxes, anti-mask myths and sham treatments. The phenomenon, unfolding largely on social media, escalated this week when President Donald Trump retweeted a false video about an anti-malarial drug being a cure for the virus and it was revealed that Russian intelligence is spreading disinformation about the crisis through English-language websites. “It is a real challenge in terms of trying to get the message to the public about what they can really do to protect themselves and what the facts are behind the problem., said Michael Osterholm, head of the University of Minnesota’s Center for Infectious Disease Research and Policy.“You don’t need masks. There is a cure,” Dr. Stella Immanuel promised in a video that promoted hydroxychloroquine. “You don’t need people to be locked down.”The truth: Federal regulators last month revoked their authorization of the drug as an emergency treatment amid growing evidence it doesn’t work and can have deadly side effects. Even if it were effective, it wouldn’t negate the need for masks and other measures to contain the outbreak.None of that stopped Trump, who has repeatedly praised the drug, from retweeting the video. Twitter and Facebook began removing the video on Monday for violating policies on COVID-19 misinformation, but it had already been seen more than 20 million times.Experts say the flood of bad information is dangerously undermining efforts to slow the virus, which has been blamed for about 150,000 deaths in the U.S. 1682

President Donald Trump, after surveying the destruction wrought by wildfires in California, said Saturday that the devastation has not altered his opinion on climate change."No, no, I have a strong opinion. I want a great climate," Trump said when asked whether what he witnessed had changed his view."We're going to have that, and we are going to have forests that are very safe because we can't go through this," Trump continued during a briefing at a command center in Chico, California. "Every year we go through this. We're going to have safe forests, and that's happening as we speak."But later, on Air Force One alongside Democratic Gov. Jerry Brown and Lt. Gov. Gavin Newsom, who is also the state's governor-elect, Trump said that while he disagrees with the state leaders on the issue, their views are "maybe not as different as people think.""Is it happening? Things are changing," Trump said. "And I think, most importantly, we're doing things about. We're going to make it better. We're going to make it a lot better. And it's going to happen as quickly as it can possibly happen."Earlier Saturday, Trump said he thought there were "a lot of factors" involved when asked about the role of climate change in contributing to the fires."We have the management factor that I know Jerry has really been up on and very well, and Gavin is going to, we're going to be looking at that together," Trump said.Trump's remarks came after he was criticized last week for initially blaming California forest management for the destruction wrought by the fires, considered the deadliest and most destructive in California's history. Since the wildfires began, more than 70 people have died and more than 1,000 people remain missing."There is no reason for these massive, deadly and costly forest fires in California except that forest management is so poor," Trump wrote on Twitter last weekend. "Billions of dollars are given each year, with so many lives lost, all because of gross mismanagement of the forests. Remedy now, or no more Fed payments!" he wrote in a tweet.In a separate tweet, Trump wrote: "With proper Forest Management, we can stop the devastation constantly going on in California. Get Smart!"Trump's tweets drew criticism from leaders of firefighters' organizations and others."His comments are reckless and insulting to the firefighters and people being affected," said Harold Schaitberger, president of the International Association of Fire Fighters.Brian K. Rice, the president of the California Professional Firefighters, called Trump's tweets "ill-informed.""The President's message attacking California and threatening to withhold aid to the victims of the cataclysmic fires is ill-informed, ill-timed and demeaning to those who are suffering as well as the men and women on the front lines."Earlier Saturday, Trump visited a neighborhood in Paradise, California, with Mayor Jody Jones, as well as Brown, Newsom and Trump's emergency management director, Brock Long. Trump also toured areas in Malibu that had been affected."Nobody thought this could happen," Trump told reporters. "Hopefully this is going to be the last one of these," he added.Without explaining himself, the President said the floors of the forests need to be taken care of, and he again talked about time that needed to be spent on raking and cleaning. 3354