Edwards update: Gov. John Bel Edwards is expected to announce whether he will lift the statewide mask mandate at a 1 p.m. news conference. The current mandate is scheduled to expire Wednesday. Watch the announcement here.
$80 per barrel: International oil benchmark Brent crude advanced for a sixth straight day this morning, jumping above $80 per barrel for the first time since October 2018 as demand rebounds and supply remains tight, CNBC reports. West Texas Intermediate crude futures, the U.S. oil benchmark, also rose for a sixth straight day, advancing about 1% to a more than two-month high of $76.28 per barrel. Both benchmarks are up more than 50% for 2021. Read the full story.
Imports increase: The U.S. trade deficit in goods increased in August amid a rise in imports as businesses replenished depleted inventories, suggesting trade could again be a drag on economic growth in the third quarter, Reuters reports. The goods trade deficit rose 0.9% to $87.6 billion last month, the Commerce Department said this morning. Read more.