The Trader 

Market Outlook: Texas toll on spending

The Trader

A Labour Day holiday today in North America marking the end of summer and Houston mayor Sylvester Turner expects public services and businesses to be up and running Tuesday.  Texas governor Greg Abbott estimates that hurricane damage to the state will be between $150 and $180 billion.  US Treasury Secretary Steven Mnuchin has urged Congress to increase the government’s debt ceiling in order to free up money for hurricane Harvey damage.

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