Stocks Tumble Amid Fears Of A Slowing Economy

August 5, 2024 9:59 am

NEW YORK (AP) — Nearly everything on Wall Street tumbled as fear about a slowing U.S. economy worsened and set off another sell-off for financial markets around the world. The S&P 500 sank 3% Monday for its worst day in nearly two years. The Dow Jones Industrial Average dropped more than 1,000 points, and the Nasdaq composite slid 3.4%. That followed a 12.4% plunge for Japan’s Nikkei 225, its worst since 1987. Treasury yields pared their losses after a report showed U.S. services businesses are continuing to grow. But worries are still high after Friday’s report showing U.S. employers pulled back on hiring last month by more than expected.

Four Dead In Wake Of Tropical Storm Debby

August 5, 2024 5:03 am

HORSESHOE BEACH, Fla. (AP) — Tropical Storm Debby slammed Florida with torrential rain and high winds, contributing to at least four deaths as it turned menacingly toward the Eastern Seaboard’s low-lying regions and threatened to flood some of America’s most historic Southern cities. The storm made landfall on the Gulf Coast of Florida early Monday as a Category 1 hurricane. It is now a tropical storm, with top wind speeds around 50 mph. At least four people have died as the result of the storm and more than 300,000 customers are without power in Florida and Georgia. Local leaders in Savannah, Georgia, are preparing for high water in case Debby stalls out over the city. An official in Charleston, South Carolina, says Debby could be a “historic and potentially unprecedented event.”

5 Hurt In South Strabane Township Crash

August 5, 2024 5:08 am

SOUTH STRABANE TOWNSHIP, Pa. — (WPXI) – Five people were  injured in a crash in South Strabane Township. Washington County dispatch said emergency crews were called to the intersection of Route 19 and Trinity Place at 4:21 p.m. on Sunday. South Strabane Township firefighters say the crash involved two vehicles. One had rolled onto its roof. Five people were taken to a hospital as a result of the crash. One person was flown to Allegheny General Hosptial and the other four were taken to local hospitals in ambulances. Their conditions are unknown at this time.

Investigation Continues Into Fatal Shooting

August 5, 2024 5:15 am

UNIONTOWN, Pa. — A man is dead after an early Saturday morning shooting at a Uniontown club. The Uniontown City Police Department says the shooting happened a little before 5 a.m. on Morgantown Street at Club Lux. A man was shot multiple times in “vital areas of his body,” according to Lt. Tom Kolencik. He was pronounced dead at a local hospital. The Fayette County Coroner identifies the man killed as Timothy Brooks, 24, of Uniontown. No arrests have been made, and no suspects have been identified yet. Lt. Kolencik says it’s still early in the investigation, and they are still interviewing witnesses. Anyone with information is asked to contact the Uniontown City Police Department or Crimestoppers of Fayette County.

Boil Water Advisory Lifted In Greene County

August 5, 2024 5:12 am

GREENE COUNTY, Pa. — (WPXI) – A boil advisory in a Greene County community has been lifted. The East Dunkard Water Authority issued a boil advisory for the Davistown area after a power failure caused the Donley water tank to drain on July 27. The water company is now lifting the advisory since water samples collected on Aug. 2 and 3 came back with acceptable results. Davistown residents no longer need to boil water or take other precautions before use.

Harris VP Selection Expected Tuesday

August 5, 2024 5:19 am

WASHINGTON (AP) — Democrats have unified with remarkable speed behind Vice President Kamala Harris as she has taken over the top of the party’s ticket heading into the November presidential election. It may be another story when it comes to a running mate.  Sources are saying that Harris has narrowed the field for her choice for a vice presidential running mate to two men, Pennsylvania Governor Josh Shapiro and Minnesota Governor Tim Walz.  An announcement is expected before a rally Tuesday evening in Philadelphia.

Trump Reminds Voters Of Harris’ Prior Fracking Stance

August 5, 2024 5:01 am

HARRISBURG, Pa. (AP) — Facing the need to win Pennsylvania, Vice President Kamala Harris has sworn off any prior assertion that she opposed fracking. But that hasn’t stopped Republican Donald Trump from wielding her now-abandoned position to win over working-class voters in the key battleground state where the industry means jobs. Last week, in his first appearance in Pennsylvania since Harris became the Democrats’ presumptive nominee, Trump repeatedly warned that Harris would ban fracking and devastate the economy in the nation’s No. 2 natural gas state. Harris called to ban fracking as a presidential primary candidate in 2019.

VP’s Campaign Launches ‘Republicans For Harris’ Push

August 5, 2024 5:02 am

WASHINGTON (AP) — Vice President Kamala Harris’ campaign is launching “Republicans for Harris” as she tries to win over Republican voters put off by Donald Trump’s candidacy. Harris’ team says the program will aim to use well-known Republicans to activate their networks, with a particular emphasis on primary voters who backed former U.N. Ambassador Nikki Haley. The program will kick off with dedicated events this coming week in Arizona, North Carolina, and Pennsylvania. Also, Republicans backing Harris will appear at rallies with the vice president and her soon-to-be-named running mate this coming week. The Harris campaign shared the details of the program first with The Associated Press before the official announcement Sunday.

Trump Pulls Out Of Debate With Harris On ABC

August 4, 2024 7:55 am

CHAPIN, S.C. (AP) — Donald Trump says he’s pulling out of a scheduled September debate with Vice President Kamala Harris on ABC and wants them to face off on Fox News. That seems to make it increasingly unlikely that the candidates will confront each other on stage before the November election. In social media posts late Friday, Trump said his agreement to a Sept. 10 debate on ABC “has been terminated” because he’ll no longer face President Joe Biden. Trump says he’ll appear on Fox News on Sept. 4. Harris’ campaign says Trump “is running scared and trying to back out of the debate he already agreed to and running straight to Fox News to bail him out.”  (Photo:  AP)

Alerts Issued For Tropical Storm Debby

August 4, 2024 7:56 am

MIAMI (AP) — A tropical depression in the Gulf of Mexico has strengthened into Tropical Storm Debby. Forecasters at the National Hurricane Center say the storm has maximum sustained winds of 50 mph as it moves toward Florida. They predict it will become a hurricane before coming ashore. Debby is likely to bring drenching rain and coastal flooding to much of Florida’s Gulf Coast by Sunday night. Forecasters warn it also could drop heavy rains over north Florida and the Atlantic coasts of Georgia, South Carolina and North Carolina early next week. Debby is the fourth named storm of the 2024 Atlantic hurricane season.