News from the South - South Carolina News Feed
US stocks rise in their return from the Juneteenth holiday
SUMMARY: U.S. stocks rose modestly on Friday after the Juneteenth holiday, with the S\&P 500 up 0.4%, Dow Jones gaining 162 points, and Nasdaq up 0.6%. Kroger and CarMax posted stronger-than-expected quarterly profits, boosting their shares. Meanwhile, Smith & Wesson fell 15.3% due to lower-than-expected earnings amid inflation, high interest rates, and tariff uncertainties. Treasury yields edged higher amid geopolitical tensions, as President Trump considers U.S. military involvement in the Israel-Iran conflict. Global markets saw gains in Europe, while Japan’s Nikkei slipped slightly after core inflation rose to 3.7% in May.
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News from the South - South Carolina News Feed
Watching the tropics
SUMMARY: Happy Sunday starts mild and gloomy in the Upstate, with temperatures in the low 70s, cooler in the mountains. Afternoon highs reach the low 80s, below average, with a 20% chance of rain and some sunshine. Showers increase Monday and Tuesday, with scattered storms likely, especially during the morning commute. Tropical activity is increasing, with a tropical wave off Africa having an 80% chance of developing into Invest 97L, potentially becoming Hurricane Erin, the season’s first hurricane. Track uncertainty remains, ranging from Bermuda to Florida. Locally, expect scattered showers and storms through the week, with temperatures returning near average by next weekend.
Watching the tropics
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News from the South - South Carolina News Feed
Gunman allegedly targets CDC over vaccine skepticism
SUMMARY: A deadly shooting occurred outside the CDC headquarters in Atlanta, with authorities suspecting the gunman targeted the agency due to vaccine skepticism. Officer David Rose was killed, and the shooter, Patrick Joseph White, was found dead nearby. The attack shattered windows at the CDC, causing fear among employees, some of whom expressed feeling vulnerable. The incident highlights growing vaccine misinformation and skepticism, which has increased since the pandemic. This comes amid recent federal funding cuts to mRNA vaccine research. The CDC held a Zoom call to address concerns, emphasizing the dangers of misinformation fueling such violent acts.
The Georgia Bureau of Investigation has named 30-year-old man, Patrick Joseph White of Kennesaw, Georgia as the shooter who …
News from the South - South Carolina News Feed
Governor to set limits on SNAP benefits.
SUMMARY: South Carolina Governor Henry McMaster plans to issue an executive order imposing new restrictions on SNAP benefits, affecting over 580,000 recipients. The order aims to limit purchases of items like candy and soft drinks, citing “common sense” and promoting healthier eating. Critics, including SNAP recipients and public health officials, argue these restrictions reduce personal freedom and may harm vulnerable populations. Dr. Bambi Gaddis highlights concerns about expanded work requirements and impacts on uninsured, unemployed, and undocumented individuals. She warns that cuts could increase food insecurity, especially among college students, and stresses the need for careful consideration before finalizing the changes.
Gov. Henry McMaster announced Wednesday that South Carolina will soon impose new restrictions on how low-income residents …
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