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Tyndall Air Force Base on path toward normalcy post-hurricane

Tyndall Air Force Base on path toward normalcy post-hurricane

Business
Dec. 6 (UPI) -- Nearly two months after Hurricane Michael rocked the Florida Panhandle, Tyndall Air Force Base is on the path toward resuming normal operations, officials said. Some 90 percent of debris has been removed and assessors have determined 20 percent of the base's facilities need to be demolished, 325th Fighter Wing Vice Cmdr. Jefferson Hawkins told the Panama City News-Herald newspaper. "The base is actually doing really well," Hawkins said. "We've got a lot of assets that the community doesn't have, which is unfortunate for the community." Rebuilding the decrepit facilities, however, will likely take up to five years, Hawkins said. Most airmen will return to the base on Dec. 10 and that they will "work at full capacity." Before the storm hit in October, the base contained mor...
These 20 jobs will put you on the path to be a millionaire

These 20 jobs will put you on the path to be a millionaire

Finance
Medical school might be your ticket into the millionaires' club — provided you can repay the debt you'll incur on the way. Indeed, many of the nation's highest-paying occupations are in the health-care field, according to a GoBankingRates analysis of 2017 compensation data from the U.S. Bureau of Labor Statistics. Anesthesiologists are the top earners in the U.S., bringing in an average salary of $ 265,990. Surgeons follow close behind, with an average annual salary of $ 251,890, while obstetricians and gynecologists earn an average of $ 235,240...
US Fed chair Jerome Powell backs cautious path on rates

US Fed chair Jerome Powell backs cautious path on rates

Business
The "consensus view" at the US Federal Reserve is that gradual interest rate rises remain the best policy, the head of the US central bank has said.Federal Reserve chair Jerome "Jay" Powell made the remarks at an annual economic conference in Wyoming.He said the difficulties of interpreting data suggest the wisdom of a conservative approach.However, he added, policymakers will act decisively in a crisis."I am confident that the [Fed] would resolutely 'do whatever it takes'," he said, according to a transcript of the speech at the Jackson Hole symposium.The Federal Reserve has been slowly raising rates since 2015, including two increases so far this year.Analysts expect one or two additional rate rises, with the next one anticipated at the bank's September...
Minnesota clears path for Enbridge oil pipeline

Minnesota clears path for Enbridge oil pipeline

Business
April 24 (UPI) -- With certain conditions, a judge in Minnesota backed a plan by Canadian oil shipper Enbridge to replace an aging oil pipeline with a bigger one.Enbridge is proposing an overhaul of the Line 3 segment of a broader network that extends through parts of Canada and into the northern United States. The company wants to pull the old network out and replace it with a new line capable of carrying more Canadian oil through the region.Administrative Law Judge Ann O'Reilly found that Line 3 is an integral part of the broader regional network, the company's Mainline pipeline system."Line 3, however, is old, needs significant repair, and poses significant integrity concerns for the state," her ruling read. "Accordingly, the judge finds that replacement of the line is a reasonable and ...
Most homes in Hurricane Harvey's path don't have flood insurance

Most homes in Hurricane Harvey's path don't have flood insurance

Finance
NOAA: Days of miserable weather aheadMost homes in the path of Hurricane Harvey don't have the flood insurance that owners would need to rebuild if their homes are damaged or destroyed. Standard homeowners insurance policies cover damage from the high winds that are associated with a hurricane, but they don't cover damage from rain or flood waters, such as storm surges or overflowing rivers. But the National Hurricane Center is forecasting up to 35 inches of rain in some locations by the middle of next week due to the storm, which could bring flooding far beyond the Texas coastline. Related: Hurricane Harvey could cause $ 40 billion worth of damage to Texas homes Figures from the National Flood Insurance Program show that only 15% of homes in Harris Country, which includes Houston, have fl...