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The House Intelligence Committee on Friday released a redacted version of the Republican report on the committee's year-long Russia investigation, in which, GOP members say, they found no evidence of collusion between the Trump campaign and Russia and disputed the intelligence community's findings that Vladimir Putin tried to help elect Donald Trump President.The committee released the report with redactions from the intelligence community, along with a redacted Democratic dissent disputing the Republican conclusions.Rep. Mike Conaway, the Texas Republican who led the committee's Russia probe, said in a statement that the intelligence community made "overzealous redactions" to the report, and the committee plans to challenge them to get more of the report declassified."Many of the redactions include information that is publicly available, such as witness names and information previously declassified," Conaway said.Republicans ended their investigation into Russia's 2016 election meddling last month, concluding they found no evidence that Trump's team had colluded with Russians."We found no evidence of collusion, and so we found perhaps some bad judgment, inappropriate meetings," Conaway said when they submitted their report for declassification.But Democrats say Republicans failed to interview key witnesses and issue subpoenas to obtain necessary information, and were not interested in uncovering collusion. They are now continuing their own investigation without Republicans into Russia's election meddling. 1545
The Phoenix Police Department says the ex-boyfriend of Kiera Bergman, a 19-year-old woman who has been missing since August 4, has been arrested for identity theft.Police say 23-year-old Jon Clark was being questioned in relation to Bergman’s disappearance when police found several items with the personal identification of other people as well as items indicating forgery in his vehicle.Clark was arrested Friday and booked into jail for 22 counts of aggravated identity theft and two counts of forgery.Police have given no indication that this arrest connects Clark to Bergman’s missing person’s case.Bergman was last seen at her home near on Aug. 4.According to police, Bergman never returned home after leaving and has not been seen or heard from since.Kiersten Bragg, Bergman's mother, says her daughter went to work that Saturday morning, and Clark picked her up but she never made it back to their apartment.Police still say her disappearance is considered suspicious, and they are still asking anyone with any information on her disappearance to call 480-WITNESS. 1085
The job market keeps pumping out jobs.The unemployment rate fell to 3.9 percent and the economy added 157,000 jobs in July, the Labor Department said Friday.But workers' average hourly paychecks grew tepidly from the previous month and are up just 2.7 percent compared to the same time last year. During previous expansions, wages have grown at a faster pace. Economists' maintain that wages will rise as economy drains remaining slack from the labor market and businesses' pay more to retain workers.Related: How the US economoy is doing now in four charts"With inflation running at a roughly 2 percent rate, that means that there's not a lot of financial wiggle room for many Americans," said Mark Hamrick, Bankrate.com's senior economic analyst. Economists will get another update on inflation next week when consumer and producer price indexes' are released.A quirk in the calendar may explain why average hourly wages inched up only 7 cents from June to July, explained Josh Wright, chief economist at software firm iCIMS: The Labor Department surveys employers at a different time than when companies pay their workers.On the bright side, the hiring spree has continued as the economy marches along. The economy grew at 4.1 percent during the second quarter, its fastest place in nearly four years.Related: US economy grows at fastest paces since 2014In a statement on Wednesday, the Federal Reserve described a healthy picture of the US economy."Job gains have been strong, on average, in recent months, and the unemployment rate has stayed low," the Fed said. "Household spending and business fixed investment have grown strongly."Although the July hiring number fell below economists' expectations, the government revised the previous months' job gains by an additional 59,000. With revisions, job gains have averaged 224,000 a month over the past three months.So far this year, job growth has averaged 215,000 per month, above last year's pace of 182,000, noted PNC chief economist Gus Faucher.Last month, the manufacturing sector added 37,000 jobs. Economists were watching manufacturing closely for signs of a drag from the Trump administration's escalation of trade tensions with China and allies."It appears to be that the strength of fiscal stimulus measures are outweighing any kind of effect of trade tensions," said Wright from iCIMS.The retail sector also added 7,000 jobs, despite 32,000 jobs lost in sporting goods, hobby, book, music and toy stores.Despite many businesses' trouble finding qualified workers, they are still hiring and looking outside traditional pools for talent.That's good news for workers without a high school degree and those without a college degree. The unemployment rate ticked down for both groups last month."This is not a labor market in which you're going to get your wish list candidate," Wright said. "The question is, 'Can you hire someone who's good enough?'"The-CNN-Wire 2934
The number of people unable to make house payments on time has reached a nine-year high, according to a recent analysis of the data.Mortgage delinquencies were at 8.22 percent of all loans for the second quarter of 2020, says the Mortgage Bankers Association.At the end of June, an estimated 4.2 million Americans were on a forbearance plan, meaning they have an agreement with their mortgage lender to delay foreclosure."The COVID-19 pandemic's effects on some homeowners' ability to make their mortgage payments could not be more apparent. The nearly 4 percentage point jump in the delinquency rate was the biggest quarterly rise in the history of MBA's survey," said Marina Walsh, MBA's Vice President of Industry Analysis in a press release. "The second quarter results also mark the highest overall delinquency rate in nine years, and a survey-high delinquency rate for FHA loans."FHA, or Federal Housing Administration, loans are designed for low-to-moderate income borrowers and require a smaller down payment when purchasing a home. The survey found 15.65 percent of FHA loans were delinquent in the second quarter of 2020. That’s the highest rate since the Mortgage Bankers Association began keeping records in 1979.The survey asks loan servicers to report any loan that is not paid back according to the terms in the agreement.The high rate of mortgage delinquencies appear to be connected with availability of jobs. The five states with the largest increases in delinquency rate were New Jersey, Nevada, New York, Florida and Hawaii; all states with a high number of leisure and hospitality jobs that are now in flux because of the COVID-19 pandemic. 1669
The lengthy National Climate Assessment released on Friday includes detailed information about how specific regions of the US will be impacted.Below is a guide to what this report says about each region of the country in regards to climate change and its impacts. 276