January 12, 2024
AP-Summary Brief News January 12, 2024 Houthi rebels vow fierce retaliation after American and British strikes against them DUBAI, United Arab Emirates (AP) — Yemen’s Houthi rebels are vowing fierce retaliation for American and British strikes against them, further raising the prospect of a wider conflict in a region already beset by Israel’s war in Gaza. The bombardment was launched in response to a recent campaign of drone and missile attacks on commercial ships in the vital Red Sea. The Houthis said Friday that the strikes killed at least five people and wounded six. As the bombing lit the predawn […]
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January 15, 2024
AP-Summary Brief-Business January 15, 2024 At Davos, conflict, climate change and AI get top billing as leaders converge for elite meeting DAVOS, Switzerland (AP) — Climate, conflict and the rise of artificial intelligence round out a to-do list of global priorities at this year’s edition of the World Economic Forum gabfest of business, political and other elites. Over 60 heads of state and government, including Israeli President Isaac Herzog and Ukrainian President Volodymyr Zelenskyy will be heading to Davos, Switzerland, this week to hold both public appearances and closed-door talks. They’ll be among more than 2,800 attendees, including academics, […]
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January 15, 2024
AP-Summary Brief News January 15, 2024 Donald Trump’s grip on Republican politics is put to the test in ice-cold Iowa’s leadoff caucuses DES MOINES, Iowa (AP) — Voting is set to begin in icy Iowa as former President Donald Trump eyes a resounding victory. The Iowa caucuses begin Monday at 8 p.m. Eastern. The caucuses are the opening contest in the months-long Republican presidential primary process. Trump began his day jabbing at his rivals on his Truth Social platform. Polls suggest Trump enters the day with a massive lead in Iowa. Trump’s onetime chief rival, Florida Gov. Ron DeSantis, is […]
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January 16, 2024
AP-Summary Brief-Business January 16, 2024 JetBlue’s $3.8 billion buyout of Spirit Airlines is blocked by judge citing threat to competition DALLAS (AP) — A federal judge is siding with the Biden administration and blocking JetBlue Airways from buying Spirit Airlines, saying the $3.8 billion deal would reduce competition. The Justice Department sued to block the merger, saying it would drive up fares by eliminating Spirit, the nation’s biggest low-cost airline. JetBlue argued that the deal would help consumers by making JetBlue a stronger competitor against bigger rivals that dominate the U.S. air-travel market. U.S. District Judge William Young, who […]
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January 16, 2024
AP-Summary Brief News January 16, 2024 A freed Israeli hostage relives horrors of captivity and fears for her husband, still held in Gaza KIBBUTZ NIR OZ, Israel (AP) — It’s been weeks since Sharon Alony Cunio and her twin 3-year-old girls were released from Gaza, where they were taken hostage from the Nir Oz farming village. Her husband, David, remains in captivity as Israel advances with its military offensive in response to the Oct. 7 Hamas cross-border attack. In an interview with The Associated Press, Sharon says it’s agonizing that her husband is kilometers away but out of reach. Days […]
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January 29, 2024
AP-Summary Brief-Business January 29, 2024 Inflation has slowed. Now the Federal Reserve faces expectations for rate cuts WASHINGTON (AP) — Chair Jerome Powell will enter this week’s Federal Reserve meeting in a much more desirable position than he likely ever expected: Inflation is getting close to the Fed’s target rate, the economy is still growing at a healthy pace, consumers keep spending and the unemployment rate is near a half-century low. When they last met in December, the Fed’s policymakers said they expected to cut their benchmark rate three times this year. Yet the timing of those rate cuts, […]
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January 29, 2024
AP-Summary Brief News January 29, 2024 Preliminary report suggests enemy drone that killed US troops in Jordan was mistaken for a US drone WASHINGTON (AP) — An enemy drone that killed three American troops and wounded dozens of others in Jordan may have been confused with an American drone returning to the U.S. installation. That’s according to two U.S. officials who were not authorized to comment and insisted on anonymity Monday. The officials say preliminary information suggests the enemy drone that struck the installation known as Tower 22 may have been mistaken for an American drone that was in the […]
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January 30, 2024
Creston – Sheriff B.Phil Howell announces the arrest of 43-year-old Robert Lee Robinson Jr. from Rutherford College, NC. Robinson was arrested on an outstanding warrant and subsequently charged with 2 Felony counts of Traffick in Methamphetamine. On January 22nd, 2024, Sheriff Deputy Cody Call was performing routine traffic stops on NC HWY 88 W in Creston. Deputy Call initiated a traffic stop on Robinson’s vehicle, and the Ashe County 911 Dispatch confirmed that Robinson had an outstanding warrant from Caldwell County for larceny. While performing a pat down search, deputies located a sock with a large amount of […]
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January 31, 2024
BOONE AREA CHAMBER OF COMMERCE RELEASES 2023 Q4 ECONOMIC INDICATORS REPORT Dr. Harry Davis points to more evidence of a potential soft landing for the High Country economy As the first month of 2024 nears its conclusion, the Boone Area Chamber of Commerce released its Q4 Economic Indicators Report for 2023. This redesigned quarterly report examines five key statistics within the Watauga County & High Country Economy, featuring a summary of local impacts by Dr. Harry Davis, Appalachian State and North Carolina Bankers Association Professor and long-standing regional economist. The report also includes quick stats and commentary on local commercial real estate […]
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January 31, 2024
BOONE, NC – The Watauga Economic Development Commission unanimously adopted a resolution in support of myFutureNC’s goals for post-secondary degree attainment for Watauga County. The measure was adopted at the January meeting of the Watauga EDC, held January 18, 2024, in the Blue Ridge Energy Community Room. The resolution states the Watauga EDC supports and endorses myFutureNC’s state-wide attainment goal that 2 million North Carolinians should have a high-quality credential or postsecondary degree by 2030. The resolution also supports the local adoption of myFutureNC’s educational attainment goal of 13,384 individuals with a high-quality credential or postsecondary degree by 2030 […]
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January 31, 2024
AP-Summary Brief-Business January 31, 2024 Federal Reserve signals that interest rate cuts aren’t imminent and leaves them unchanged for now WASHINGTON (AP) — The Federal Reserve indicated that it’s nearing a long-awaited shift toward cutting interest rates, a sign that officials are confident that they’re close to fully taming inflation. The Fed kept its key rate unchanged at about 5.4%, a 22-year high. But in a statement, it signaled a shift by dropping previous wording that had said it was still considering further hikes. Still, the central bank cautioned that it “does not expect it will be appropriate” to […]
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January 31, 2024
AP-Summary Brief News January 31, 2024 Islamic Resistance in Iraq group is to blame for Jordan drone strike that killed 3 troops, US says WASHINGTON (AP) — The United States has attributed the drone attack that killed three U.S. service members in Jordan to the Islamic Resistance in Iraq, an umbrella group of Iran-backed militias that includes the militant group Kataib Hezbollah. National Security Council spokesman John Kirby says the U.S. believes the attack was planned, resourced and facilitated by the group. The Sunday drone attack on a military base in Jordan killed the three troops and injured at least […]
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February 1, 2024
AP-Summary Brief-Business February 1, 2024 Inflation in Europe edges down again. But will Houthi attacks on ships spoil the relief? FRANKFURT, Germany (AP) — Inflation is headed down in Europe. The official figure came in at 2.8% on Thursday. That’s more relief for consumers whose paychecks didn’t go as far after inflation peaked at record-high double digits in 2022. The decline also is fueling speculation that it might soon be time for the European Central Bank to start cutting interest rates. But the newfound relief is at risk from attacks on ships in the Red Sea by Yemen’s Houthi […]
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February 1, 2024
AP-Summary Brief News February 1, 2024 The European Union overcame Hungary veto’s threat to seal a 50 billion-euro aid package for Ukraine BRUSSELS (AP) — A top European Union official says the 27 EU countries have sealed a deal to provide Ukraine with a new 50 billion-euro support package despite weeks of threats from Hungary to veto the move. The agreement announced by European Council President Charles Michel on financial aid for Ukraine’s war-ravaged economy was reached in the first hour of a summit in Brussels on Thursday. That Hungary so quickly lifted its veto came as a surprise. Prime […]
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February 2, 2024
AP-Summary Brief-Business February 2, 2024 The US didn’t just avoid a recession — it’s adding hundreds of thousands of new jobs WASHINGTON (AP) — The nation’s employers delivered a stunning burst of hiring to begin 2024, adding 353,000 jobs in January in the latest sign of the economy’s continuing ability to shrug off the highest interest rates in two decades. Last month’s job gain — roughly twice what economists had predicted — topped the December gain of 333,000, a figure that was itself revised sharply higher. The unemployment rate stayed at 3.7%, just above a half-century low. Wages rose […]
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