A daily morning look at the financial stories you need to know to start the day.
-The Houston area is suffering from catastrophic floods with massive evacuations being ordered. The entire area from San Antonio to New Orleans is under flood watch or warning. FEMA expects more than 450,000 Harvey disaster victims to file for assistance. But Hannover Reinsurance says Harvey will be much less costly than Hurricanes Katrina or Sandy. President Donald Trump will visit Texas on Tuesday.