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Surging job market could prove costly for households, businesses as odds of quick rate cuts fade

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1 hour ago

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www.abccolumbia.com – Associated Press – 2025-01-10 14:59:00

SUMMARY: U.S. job growth surged in December with an addition of 256,000 jobs, pushing unemployment down to 4.1%. This upbeat labor market contrasts sharply with expectations of recession and indicates the economy is rebounding post-COVID. The Federal Reserve, facing persistent inflation and high interest rates, may hold off on further rate cuts, impacting borrowing costs for consumers and businesses. Despite fewer jobs created than in previous years, average wages rose 3.9% year-over-year. While the economy maintains a solid pace, challenges remain, such as rising prices and labor shortages in various sectors, highlighting mixed sentiments among Americans regarding economic recovery.

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News from the South - South Carolina News Feed

Snow day 3 p.m. update: Ice begins to mix in for many in the Upstate

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2 hours ago

on

January 10, 2025

By

www.youtube.com – WYFF News 4 – 2025-01-10 14:36:37


SUMMARY: Downtown Greenville features a picturesque, snow-covered fountain, typically frozen in cold weather, now resembling a sculpture. While Greenville enjoys this winter beauty, nearby Atlanta faces significant travel disruptions due to 4-5 inches of snow. Snowfall continues to affect surrounding areas, with the radar showing a mix of snow, sleet, and freezing rain across the Carolinas. All counties in North Carolina and many in South Carolina are under winter weather advisories. Meteorologists predict continued snowfall and ice accumulation, urging caution for travelers, with conditions expected to improve only when temperatures rise above freezing next week.

Snow day 3 p.m. update: Ice begins to mix in for many in the Upstate

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News from the South - South Carolina News Feed

Winter storm plods into the Deep South, prompting states of emergency and school closures

Published

7 hours ago

on

January 10, 2025

By

www.abccolumbia.com – Associated Press – 2025-01-10 09:23:00

SUMMARY: A powerful winter storm swept through southern U.S. states on January 10, 2025, bringing heavy snow and icy conditions. Governors, including Arkansas’s Sarah Sanders, declared states of emergency and mobilized the National Guard to assist stranded motorists. Schools across many states, including Georgia and North Carolina, were closed due to hazardous travel conditions. Atlanta’s airport faced significant flight delays and cancellations as snow began falling, prompting a ground stop. The storm forecasted snowfall of up to 8 inches in parts of Georgia and surrounding states, while Richmond, Virginia, dealt with a boil-water advisory due to recent power outages.

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News from the South - South Carolina News Feed

Expected snow totals for parts of South Carolina for Friday

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1 day ago

on

January 9, 2025

By

www.youtube.com – WYFF News 4 – 2025-01-09 15:47:22


SUMMARY: A significant winter storm is affecting areas from Arkansas to North Texas, moving eastward toward Mississippi, Alabama, Tennessee, North Georgia, and the Carolinas. Winter storm warnings are in effect as snow and ice accumulation are expected. Tomorrow morning, temperatures will drop to the mid-20s, with snow beginning around mid-morning and continuing through the day, mixing with ice at times. Expected accumulations vary from a dusting to several inches, particularly in the mountains. Dangerous conditions are anticipated on roads and walkways due to slick surfaces, necessitating caution. The storm is expected to clear by Saturday morning.

Expected snow totals for parts of South Carolina for Friday

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