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The bread section of a Kroger store is empty as people prepare for the possible arrival of Hurricane Harvey on August 24, 2017 in Houston, Texas.
A daily morning look at the financial stories you need to know to start the day.
STOCKS/ECONOMY
-Stock futures are higher after Thursday’s small losses. Investors await Fed Chair Janet Yellen’s speech at the Jackson Hole, Wyoming, conference. Durable goods orders come out at 8:30 a.m. ET.
-About 8 out of 10 Americans are living paycheck to paycheck.
HURRICANE WATCH
-Hurricane Harvey has already strengthened to a category 2 storm and could become the most powerful hurricane to hit the U.S. in 12 years.