The new tax law signed by President Donald Trump creates a federal tax deduction for interest on auto loans. Starting this year, taxpayers can deduct up to $10,000 of interest annually on loans for new vehicles assembled in the U.S. The deduction excludes some high-income earners and vehicles purchased for commercial use. An expert at…… MORE
PARIS (AP) — The European Union has decided to hold off on imposing retaliatory tariffs on U.S. goods that were set to begin Monday. European Commission President Ursula von der Leyen announced the delay on Sunday, following a letter from President Donald Trump about new U.S. tariffs on EU and Mexican goods starting Aug. 1.…… MORE
KERRVILLE, Texas (AP) — Emergency crews have suspended their search for victims of catastrophic flooding in central Texas amid new warnings that additional rain will again cause waterways to surge. Ingram Fire Department officials ordered search crews to immediately evacuate the Guadalupe River corridor in Kerr County until further notice, warning the potential for a…… MORE
Kerrville, TX (AP) – Federal regulators repeatedly granted appeals to remove Camp Mystic’s buildings from their 100-year flood map, loosening oversight as the camp operated and expanded in a dangerous flood plain in the years before rushing waters swept away children and counselors, a review by The Associated Press found. The Federal Emergency Management Agency included…… MORE
KERRVILLE, Texas (AP) — President Donald Trump toured the devastation from catastrophic flooding in Texas and lauded local officials amid mounting criticism that they failed to warn residents quickly enough that a deadly wall of water was coming their way. Trump met Friday with first responders and other state and local officials gathered at an…… MORE