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Wall Street gains ground as China shores up its economy ahead of trade talks with the US

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www.abccolumbia.com – Associated Press – 2025-05-07 09:27:00

SUMMARY: Stocks rose on Wall Street Wednesday as China strengthened economic measures ahead of trade talks with the U.S. The S\&P 500 climbed 0.4%, the Dow gained 242 points (0.6%), and the Nasdaq rose 0.3%. Disney surged 9.9% after surpassing profit expectations and raising its forecast. However, broader concerns about tariffs impacting consumer spending and company forecasts linger. Super Micro Computer fell 4.4% after cutting its revenue forecast. As U.S.-China tensions remain high, a potential easing of tensions looms with upcoming U.S.-China trade talks. The Federal Reserve is expected to keep interest rates steady amid tariff uncertainties.

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News from the South - South Carolina News Feed

RCSD: Former county council member arrested

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www.abccolumbia.com – Tiffany Rigby – 2025-07-03 10:17:00

SUMMARY: Former Richland County Council member Anthony “Tony” Mizzell was arrested on June 29 after deputies observed his speeding Cadillac and initiated a traffic stop. Mizzell fled, claiming his daughter had a medical emergency, but deputies found no medical issues at the home he stopped at. The homeowner presented text messages and recordings of Mizzell threatening her. Two weapons were found in his vehicle. Mizzell became combative and threatened a deputy before being checked by EMS. Charged with failure to stop, reckless driving, third-degree domestic violence, and threatening a public official, he was later released on surety bonds.

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Lawsuit saga: Upstate restaurant still giving food away

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www.youtube.com – WYFF News 4 – 2025-07-02 20:15:32


SUMMARY: Angelina, an upstate restaurant, has been serving free food because the City of Fountain Inn has refused to grant it a business license. The owners, Paul and Virginia Kelly, reveal the original lawsuit against the building’s former tenants was dropped, but the city still won’t license Angelina. Losing hundreds of thousands in revenue, Angelina has sued the city. The city offered a license if the lawsuit is dropped, which the owners call blackmail—they just want to recoup losses. The city says it’s resolving the issue and awaits court dismissal to issue a license. Meanwhile, the community supports Angelina via GoFundMe.

Lawsuit saga: Upstate restaurant still giving food away

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Once known as ‘Dirty Myrtle,’ Myrtle Beach is now the fastest-growing US metro for seniors

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www.abccolumbia.com – Associated Press – 2025-07-02 10:11:00

SUMMARY: A South Carolina beach town once known as “Dirty Myrtle” for its rowdy nightlife has transformed into the fastest-growing U.S. metro area for senior citizens. Myrtle Beach’s population aged 65 and older grew by 6.3% last year and over 22% during the 2020s, now making up more than a quarter of its 413,000 residents. The pandemic encouraged retirees and remote workers from states like Ohio and New York to settle there, attracted by the climate, low taxes, and recreational opportunities. Nationwide, the senior population rose 3.1% last year, while the child population declined, reflecting an aging U.S. demographic.

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