State South Carolina Financial News

A parole board decided unanimously Wednesday that Susan Smith should remain in prison 30 years after she killed her sons by rolling her car into a South Carolina lake while they were strapped in their car seats.

Subscribe to enjoy similar stories.Explorers have dreamed of harvesting deep-sea metals since the 1870s, when the British scientific ship HMS Challenger pulled up mineral-laden rocks on its round-the-world voyage.The first commercial effort to exploit these riches failed a century later. In 1970, a U.S.

Frito-Lay is recalling a limited number of Tostitos tortilla chips because they may contain undeclared milk

“If you read the news, it feels like Armageddon,” he told employees in a meeting that lasted past 10 p.m. local time, according to Bloomberg. During the meeting, which was streamed live on his social media platform X, Musk further appealed: “I can’t walk past a TV without seeing a Tesla on fire. I understand if you don’t want to buy our product, but you don’t have to burn it down.” Musk also advised Tesla employees to “hang onto” their stock despite the «rocky moments.» Notably, Tesla shares have plunged more than 40% this year, erasing gains from a stock surge that followed President Donald Trump’s inauguration.

The premium carmaker expects its earnings margin for cars to be 5-7% in 2025, below an LSEG consensus estimate of 7.3%, dragged down one percentage point by the impact of tariffs already imposed by March 12.

dry spell that parched the land, then a spark, followed by some wind. Suddenly, swaths of South Carolina were consumed by voracious flames.

Scott Bessent, a seasoned Wall Street investor, was confirmed on January 28, 2025, as the 79th US Secretary of the Treasury, becoming the first openly gay cabinet member in a Republican administration. At 62, Bessent brings four decades of global investment experience to the role, having built strong ties with international financial leaders. His nomination secured bipartisan support in the Senate with a 68-29 vote. Republican Senator Mike Crapo praised Bessent’s commitment to economic growth, while Democratic Senator Ron Wyden expressed concerns about his alignment with President Donald Trump’s policies. «It is crucial to have a Treasury Secretary in place to navigate economic challenges, and I support his confirmation,» Wyden said. Despite reservations, several Senate Democrats backed Bessent, citing the need for stability in financial leadership.

A tornado watch was issued Wednesday morning for parts of North and South Carolina until early afternoon. Tornado warnings were issued in Florida and South Carolina on Wednesday morning. On Tuesday, high winds forced some changes to Mardi Gras in New Orleans, which moved up and shortened the two biggest parades to wrap them up ahead of the bad weather. Tornadoes touched down Tuesday in Texas, Oklahoma and Louisiana, according to preliminary information from the National Weather Service.

Subscribe to enjoy similar stories. A nuclear power renaissance—driven in part by power-hungry AI data centers—has revived a thorny problem: what to do with the radioactive waste left behind. Already, more than 90,000 metric tons of spent nuclear fuel is being stored at sites in 39 states.

White House clash between Ukrainian President Volodymyr Zelenskiy and Donald Trump divided the U.S. president's fellow Republicans and dimmed prospects that Congress will approve any further aid for Kyiv in its war with Russia. Some Republicans who had long supported Ukraine lashed out at Zelenskiy after Friday's exchange, in which Trump and Vice President JD Vance berated the Ukrainian leader before the world's media, accusing him of disrespect. Senator Lindsey Graham called for Zelenskiy to change his tune or resign, just hours after attending a friendly meeting between Zelenskiy and a dozen senators.

Scott Bessent on Monday to serve as President Donald Trump's treasury secretary, giving him the delicate balancing act of cutting taxes and curbing deficits while putting forward a plan on tariffs that doesn't jeopardize growth.

Pimco head of U.S public policy Libby Cantrill shares what she expects President-elect Trump to accomplish on his first day back in office on ‘Barron’s Roundtable.'

U_S_ Treasury nominee Scott Bessent plans to say at his confirmation hearing that President-elect Donald Trump has an opportunity to unleash “a new economic golden age.”

It turns out that $1.8 billion wasn’t just sitting in a bank account in South Carolina waiting to be spent

The tax deadline for some small businesses affected by severe weather in 2024 is drawing near, the IRS is reminding owners

Arkansas and North Carolina mobilized their National Guards for tasks such as helping stranded motorists, as governors in multiple states declared states of emergency. School was canceled for millions of children from Texas to Georgia and as far east as South Carolina. The storm piled up more than a year's worth of snowfall on some Southern cities. As much as a foot (about 31 centimeters) fell in parts of Arkansas. There were reports of nearly 10 inches (about 25 centimeters) in Little Rock, a city that averages 3.8 inches (9.7 centimeters) a year.

Las Vegas Strip to the record-breaking crowds watching Caitlin Clark sink dazzlingly deep 3-pointers, 2024 featured superstars rising to meet the moment. Just 10 months after signing a then-record $700 million, 10-year contract, Shohei Ohtani of Japan took the Los Angeles Dodgers to the World Series, where the team beat the New York Yankees for the title. The Boston Celtics won their league-best 18th NBA championship ring. In Las Vegas, the Kansas City Chiefs celebrated their second straight Super Bowl title with the most famous fan on the planet, Taylor Swift, cheering on her boyfriend, tight end Travis Kelce. One athlete, though, best captured the zeitgeist of 2024: Clark.

Boeing will invest $1 billion to ramp up production of its 787 Dreamliner aircraft in South Carolina, the company said in a statement. Boeing has been plagued by production quality problems and recently endured a strike that lasted more than 50 days and paralyzed two crucial factories. In October, Boeing unveiled plans to reduce its global workforce by 10 percent over the coming months, without giving further details.

Third Bridge global head of analysts Peter McNally discusses how the Boeing factory workers strike is impacting business on 'The Big Money Show.'

Jamie Lee Komoroski, the South Carolina woman who admitted to drinking and driving more than twice the speed limit when she crashed into a golf cart and killed a bride last year, will now spend up to 25 years in prison.

Cucumbers shipped to 13 U.S. states and five Canadian provinces and organic eggs sold in 25 Costco stores in five southern U.S. states have been recalled because of potential salmonella contamination