Category Archives: WPTF News

Wall Street clocks another winning week

Wall Street clocks another winning week

Stocks rose on Wall Street, marking their third winning week in the last four. The S&P 500 rose 0.8% Friday, leaving the index just shy of the record it set last week. The Dow Jones Industrial Average climbed 0.5%, and the Nasdaq composite added 1% to the record it set a day earlier. Expedia and Gilead Sciences rose sharply after reporting results that easily beat analysts’ forecasts. Both companies also raised their outlooks. Asian markets closed mostly lower except in Tokyo, where the Nikkei rose 1.9%. European markets were mixed. Treasury yields rose in the bond market.… Continue Reading

Iconic North Carolina tourist attraction damaged by Helene will be demolished

Iconic North Carolina tourist attraction damaged by Helene will be demolished

A beloved tourist attraction in western North Carolina’s Blue Ridge Mountains will be demolished starting later this month. The Lake Lure Flowering Bridge sustained severe damage from Hurricane Helene last year. It collapsed on one end and buckled in several other sections. The town says two engineering firms concluded the bridge was beyond repair. Demolition will begin Aug. 18. The Flowering Bridge was created in 2013 by a group of volunteers who sought to transform the historic bridge into something beautiful. The group says it will try to use pieces of the bridge in future gardens.… Continue Reading

Wall Street drifts as stock markets worldwide take Trump’s new tariffs in stride

Wall Street drifts as stock markets worldwide take Trump’s new tariffs in stride

NEW YORK (AP) — U.S. stocks drifted to a mixed finish as President Donald Trump’s tariffs on dozens of countries had only a muted effect on markets worldwide. The S&P 500 slipped 0.1% Thursday. The Dow Jones Industrial Average dipped 0.5%, and the Nasdaq composite rose 0.3% to a record. Worries are high that Trump’s tariffs are damaging the economy, particularly after last week’s worse-than-expected report on the job market. But hopes for coming cuts to interest rates by the Federal Reserve and a torrent of stronger-than-expected profit reports from big U.S. companies are helping to offset the concerns, at least for now. Treasury yields ticked higher.… Continue Reading

Rushing floodwater from heavy rain kills 2 in North Carolina

Rushing floodwater from heavy rain kills 2 in North Carolina

SPRING HOPE, N.C. (AP) — Two people were found dead in central North Carolina after rushing floodwaters pulled them from their submerged car. Another cluster of storms was dumping rain on the region Thursday, the day after the two bodies were found. Authorities say a 24-year-old woman and 55-year-old man from Louisburg were swept away while attempting to escape their vehicle. Flooding had swept the vehicle from the road into a ditch in the town of Spring Hope. An officer who tried to save them was swept into the floodwaters too before escaping unharmed. The storm’s pathway follows Tropical Storm Chantal’s flooding in parts of the region last month.… Continue Reading

Dean Cain, former TV Superman, will be sworn in as honorary ICE officer

Dean Cain, former TV Superman, will be sworn in as honorary ICE officer

Dean Cain wants to join the U.S. and Immigration Customs Enforcement agency. In an interview with Fox News, Cain said he has already spoken to the agency responsible for President Donald Trump’s mass deportations agenda. Assistant Secretary Tricia McLaughlin says Cain will be sworn in as an “honorary ICE Officer” in the coming month. McLaughlin referenced Cain’s 1990s role in “Lois & Clark: The New Adventures of Superman,” saying “Superman is encouraging Americans to become real-life superheroes.” Cain also posted a video encouraging others to join the agency. The 59-year-old been outspoken in his conservative viewpoints and endorsed Trump in three elections.… Continue Reading

FBI forces out more leaders, including ex-director who fought Trump demand for Jan. 6 agents’ names

FBI forces out more leaders, including ex-director who fought Trump demand for Jan. 6 agents’ names

WASHINGTON (AP) — The FBI is forcing out more senior officials, including a former acting director who resisted Trump administration demands to turn over the names of agents who participated in Jan. 6 Capitol riot investigations and the head of the bureau’s Washington field office. That’s according to people familiar with the matter and internal communications seen by The Associated Press on Thursday. Brian Driscoll led the bureau in the weeks that followed President Donald Trump’s inauguration last January. Steven Jensen for months led the Washington office, one of the bureau’s largest and busiest. Driscoll and Jensen have sent farewell messages to colleagues.… Continue Reading

North Carolina Gov. Stein signs stopgap budget bill and vetoes opt-in bill helping school choice

North Carolina Gov. Stein signs stopgap budget bill and vetoes opt-in bill helping school choice

RALEIGH, N.C. (AP) — North Carolina Gov. Josh Stein has signed a stopgap spending measure as lawmakers remain stuck in a budget impasse. But he also vetoed a bill Wednesday that would otherwise sign off on state involvement in a federal tax credit program to boost school-choice options. Stein criticized the spending plan for not providing enough pay raises or covering increased Medicaid expenses. The new law includes funds for state construction projects and employee benefits. The tax-credit program bill approved by Republicans seeks to opt in to the financial benefits within President Donald Trump’s new law for donations to K-12 scholarship organizations.… Continue Reading

North Carolina Gov. Stein signs stopgap budget bill and vetoes opt-in bill helping school choice

North Carolina Gov. Stein signs stopgap budget bill and vetoes opt-in bill helping school choice

RALEIGH, N.C. (AP) — North Carolina Gov. Josh Stein has signed a stopgap spending measure as lawmakers remain stuck in a budget impasse. But he also vetoed a bill Wednesday that would otherwise sign off on state involvement in a federal tax credit program to boost school-choice options. Stein criticized the spending plan for not providing enough pay raises or covering increased Medicaid expenses. The new law includes funds for state construction projects and employee benefits. The tax-credit program bill approved by Republicans seeks to opt in to the financial benefits within President Donald Trump’s new law for donations to K-12 scholarship organizations.… Continue Reading

New study sheds light on ChatGPT’s alarming interactions with teens

New study sheds light on ChatGPT’s alarming interactions with teens

New research from a watchdog group reveals ChatGPT can provide harmful advice to teens. The Associated Press reviewed interactions where the chatbot gave detailed plans for drug use, eating disorders, and even suicide notes. The Center for Countering Digital Hate found that testing ChatGPT with harmful prompts led the chatbot to respond in dangerous ways more than half the time. The study highlights the risks as more people, particularly teens, turn to AI for companionship and advice. OpenAI, the maker of ChatGPT, said after viewing the findings that its “work is ongoing” in refining “how models identify and respond appropriately in sensitive situations.”… Continue Reading

Panthers CB Jaycee Horn not seriously injured in car accident, is day to day with thumb injury

Panthers CB Jaycee Horn not seriously injured in car accident, is day to day with thumb injury

CHARLOTTE, N.C. (AP) — Carolina Panthers cornerback Jaycee Horn escaped serious injury after a car accident on Wednesday morning on the way to the team’s stadium. He injured his left thumb and missed a joint practice with the Cleveland Browns. Panthers coach Dave Canales says Horn will be evaluated daily. Horn will not play in Friday night’s preseason game against the Browns, but the team hopes he can play against Houston on August 16. Horn was alone in his car when the accident happened near the stadium. He was evaluated by team medical personnel and later seen joking with teammates on the sideline.… Continue Reading

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