News from the South - Georgia News Feed
Fed cuts key rate for first time in 4 years
SUMMARY: Loan affordability has improved following a Federal Reserve interest rate cut of half a percentage point, marking the first reduction in four years. This cut, driven by favorable inflation trends, enables cheaper car loans, home loans, and business loans, as well as lower credit card rates. A Cobb County business owner expressed hope for further rate cuts to facilitate aspirations like home ownership and education. With variable rate loan holders likely seeing lower bills soon, economists anticipate more rate cuts may occur later this year, with the next Federal Reserve meeting scheduled for November.
The Federal Reserve cut the rate by a half-percent cut. It’s a result of improvements in inflation.
News from the South - Georgia News Feed
Georgia EMTs help with medical evacuations in hurricane-ravaged areas
SUMMARY: Emergency services from American Medical Response (AMR) in Stone Mountain are aiding hurricane victims, deploying 750 EMTs to assist with medical transport in areas affected by Hurricanes Helen and Milton. Ed Powers, an experienced EMT, has been helping since September 24th, ensuring critical care for patients, including evacuating a 250-bed cardiac hospital. Powers emphasizes the fulfillment of making a difference in people’s lives. President Biden is set to visit Florida and has pledged federal support for recovery efforts. The Red Cross is accepting donations for victims, available through their website, phone, or by texting “Helen” to 90999.
American Medical Response has sent over 700 EMTs to help with patient transports for Hurricanes Helene and Milton.
News from the South - Georgia News Feed
Trump to speak to all female audience at townhall in Forsyth County
SUMMARY: Former President Trump will participate in a televised Town Hall in Forsyth County next week, focusing on women’s issues with an all-female audience. The event airs on Wednesday and aims to address the gender gap in support for both Trump and Vice President Harris. While some Democrats express skepticism about Trump’s commitment to women’s issues, Republican supporters believe female voters will remain loyal. This event, intended to sway voters in a crucial swing state, comes as early voting begins next week ahead of the November 5th election. The Harris campaign has criticized Trump’s motives, claiming he’s insincere.
Republican Donald Trump is expected to record a town hall next week with women voters in Forsyth County.
News from the South - Georgia News Feed
Burglars steal thousands in prescription drugs | FOX 5 News
SUMMARY: Crooks broke into Oldn Pharmacy in South Fulton early Thursday morning, using a saw to access a safe and stealing thousands of dollars in medication, including morphine and oxycodone. Store owner Linda Davis, who runs her business to provide affordable medication for the community, expressed her shock and heartbreak over the incident. The thieves disabled the alarm and completed the burglary in under 20 minutes. This break-in follows a similar incident at a beauty supply store in DeKalb County, where criminals stole $10,000 in merchandise. Police believe the suspects may be responsible for multiple break-ins and are seeking information.
A brazen burglary at a South Fulton drug store along Old National Highway, where thousands of dollars in drugs were pilfered, may be connected to a beauty supply store heist in DeKalb County.
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