www.abccolumbia.com – Associated Press – 2025-05-13 09:29:00

SUMMARY: U.S. stocks showed mixed results on Tuesday after inflation slowed unexpectedly to 2.3% in April, down from 2.4% in March. The S\&P 500 rose by 0.1%, while the Dow Jones dropped 0.5%. The Nasdaq gained 0.5%. Market optimism stems from a recent U.S.-China trade pause, though economists warn inflation may rise again due to tariffs. UnitedHealth Group’s stock fell 13% after suspending its financial forecast, while Under Armour rose 2% after reporting slightly better-than-expected revenue. Overseas, European stocks rose modestly, and Nissan’s shares gained 3% after announcing restructuring plans.

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www.youtube.com – WPDE ABC15 – 2025-05-13 05:17:04

SUMMARY: Emotions ran high at a Darlington County School Board meeting as parents and teachers voiced their concerns over the relocation of Southside Early Childhood Center’s kindergarten students. Superintendent Tim Newman recommended moving 5K students to their zoned schools to keep families together. This decision, which had been discussed in April, was only communicated to faculty two weeks ago. Critics, including educators, expressed frustration over the lack of planning and communication. Despite opposition, the board voted 5-3 to approve the plan, starting in the 2025-26 school year, affecting schools like North Hartsville Elementary and Thornwell School for the Arts.

Emotions ran high Monday night as parents and teachers packed a Darlington County School Board meeting, pleading with leaders to reconsider a plan that could split up students and shake up classrooms.

ABC 15 was there as the board made a decision about the future of Southside Early Childhood Center.

Darlington County Superintendent Tim Newman presented the board with a recommendation to move rising 5K students from Southside to their zoned attendance-area schools beginning in the 2025–26 school year.

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www.abccolumbia.com – Associated Press – 2025-05-12 09:49:00

SUMMARY: U.S. stocks surged Monday after China and the U.S. agreed to a 90-day truce in their trade war, reducing most tariffs that threatened a recession and supply shortages. The S&P 500 rose 2.6%, nearing its February high, while the Dow gained 957 points and the Nasdaq 3.6%. Crude oil prices and the dollar also climbed, and Treasury yields jumped as rate cut expectations lessened. The tariff reductions—U.S. tariffs on Chinese goods cut from 145% to 30%, China’s on U.S. goods from 125% to 10%—mark progress but last only 90 days. Global markets, including India and Pakistan, also rallied amid easing conflicts and economic support.

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