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The inflation from tariffs that economists feared begins to emerge

Published

2 months ago

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www.abccolumbia.com – Associated Press – 2025-07-15 09:37:00

SUMMARY: Inflation rose to 2.7% annually in June, its highest since February, driven by President Donald Trump’s tariffs on imports such as furniture, clothing, and appliances. Monthly prices climbed 0.3%, up from 0.1% in May. Core inflation, excluding food and energy, increased 2.9% yearly. Gasoline, groceries, and durable goods all saw price hikes. Trump insists there is “no inflation” and urges the Federal Reserve to cut interest rates, but Fed Chair Jerome Powell remains cautious, citing tariff impacts on both prices and economic growth. Companies like Walmart and Nike have raised prices due to tariffs, though some delay increases pending trade negotiations.

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Trump revokes Secret Service protection for former Vice President Harris after Biden had extended it

Published

1 day ago

on

August 29, 2025

By

www.abccolumbia.com – Associated Press – 2025-08-29 09:46:00

SUMMARY: President Donald Trump has revoked Secret Service protection for former Vice President Kamala Harris, a senior White House official confirmed. Traditionally, former vice presidents receive six months of protection, but the Biden administration extended Harris’s detail to 18 months. Trump’s executive memorandum ends her security services effective Monday. Harris, who lost to Trump in the 2024 election and is launching a memoir book tour, is considered a potential 2028 presidential candidate. Trump’s decision follows a pattern of cutting security for political figures who fell out of favor. The move raises concerns among security experts amid a polarized political climate.

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Dawn Staley says she would have left South Carolina for New York Knicks coaching job

Published

3 days ago

on

August 28, 2025

By

www.abccolumbia.com – ABC Columbia Staff – 2025-08-28 09:29:00

SUMMARY: Dawn Staley revealed she would have left South Carolina, where she won three national championships, to become the New York Knicks head coach if offered the job. She interviewed for the position before the Knicks hired Mike Brown last month. Staley emphasized the significance of breaking barriers as the NBA’s first female head coach. During her interview, she asked Knicks officials if they were prepared for the unique challenges of hiring a female coach, which she believes may have hurt her chances. Despite this, Staley felt she performed well but sensed a shift in energy after raising those concerns.

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One year ago: Clinton fire scorches through historic piece of city's downtown

Published

3 days ago

on

August 27, 2025

By

www.youtube.com – WYFF News 4 – 2025-08-27 22:37:46


SUMMARY: One year ago, a devastating fire tore through several historic buildings on Musgrove Street in downtown Clinton, destroying four businesses and leaving a large empty lot. The fire engulfed beloved local establishments like House of Pizza and Aspen and Figs, deeply impacting owners who had invested their heart and soul into their businesses. Despite financial support from insurance and community backing, the loss remains painful. House of Pizza recently reopened nearby, symbolizing resilience. While recovery continues, the future of the vacant site remains uncertain. The fire marked a significant change, with the town still healing from the loss and looking forward to rebuilding.

One year ago: Clinton fire scorches through historic piece of city’s downtown

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