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News from the South - Arkansas News Feed

Finance professor says people should be 'cautiously optimistic' about Fed rate cut

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www.youtube.com – 40/29 News – 2024-09-19 11:47:25

SUMMARY: The Federal Reserve has announced its first interest rate cut in four years, lowering rates by half a percentage point, signaling a shift in its approach to combating inflation, which has decreased significantly since its peak in 2022. This rate reduction could alleviate high borrowing costs for Americans on mortgages and credit cards. Local finance experts suggest that while immediate benefits might be subtle, businesses may find themselves with more capital for expansion, potentially leading to job creation as unemployment rises. A finance professor advises cautious optimism regarding the long-term effects of this rate cut on the economy.

U of A economic expert explains impact of key interest rate on businesses and jobs

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News from the South - Arkansas News Feed

Another arctic blast is heading to Arkansas | What to know

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www.youtube.com – THV11 – 2025-01-14 15:33:59

SUMMARY: After last week’s snowstorm, many in central Arkansas are returning to work and school. Areas remain icy, especially in untreated neighborhoods. A cold front on Tuesday will lower temperatures to the 40s, aiding thawing, while warmer temperatures later in the week may reach the upper 50s or near 60°F, helping further melt the snow. However, an Arctic blast is expected by Saturday, plunging temperatures into the teens by Sunday. While there’s low confidence for additional winter weather, the cold poses risks for freezing pipes, necessitating precautions like insulation and dripping faucets starting Saturday evening.

Arkansas is still thawing out from a recent snowstorm, but the THV11 Weather Impact Team has turned its attention to the next arctic blast. Here’s the latest.

https://www.thv11.com/article/weather/weather-impact/arctic-blast-heading-to-arkansas-what-to-know/91-86858e23-a4e7-48ee-8bd9-71a260b683fc

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News from the South - Arkansas News Feed

AGFC postpones Big Squirrel Challenge in Arkansas | Outdoor Report

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www.youtube.com – THV11 – 2025-01-11 15:49:36

SUMMARY: On a snowy Saturday, Trey Reed from Arkansas Game and Fish discussed the impact of the weather on upcoming events, particularly the UMX Big Squirrel Challenge, which has been postponed to February 7-8 due to safety concerns. Despite challenges, duck hunters remain hopeful for improved conditions this season, following recent snowfall in the Midwest. Reed also reminded listeners about the upcoming turkey hunting permit applications, starting January 15, with a $5 fee. Permits will be allocated to enhance hunting quality, with leftovers available for sale after the draw. For details, visit agfc.com.

Trey Reid with Arkansas Game & Fish joins Hayden Balgavy to discuss how the Big Squirrel Challenge in Arkansas has been postponed due to weather in the state.

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News from the South - Arkansas News Feed

Wrecks on Arkansas's snow-covered roads cause backups on the interstates

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www.youtube.com – 40/29 News – 2025-01-09 15:10:33

SUMMARY: Snow has been falling in the River Valley since early afternoon, impacting traffic on Interstate 40 and causing significant slowdowns due to stalled vehicles and accidents. Officials advise residents to stay home as the situation worsens, particularly on rural and dirt roads. Crews are working to clear roads, with expectations to finish within 72 hours. Pre-treatment efforts have helped the roads, but issues persist. The heaviest snowfall is expected tonight, exacerbating travel conditions. For continuous updates, viewers are encouraged to download the news app. Live coverage will continue throughout the day.

Wrecks on snow-covered roads are slowing traffic in parts of Arkansas.

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