The U.S. economy expanded at a 6.4% rate in the first three months of this year, setting the stage for what economists say could be the strongest year for the economy in seven decades. In a related story, stock futures indicate the market is having its best week since April thanks to global expansion, infrastructure optimism and more. More: The Post and Courier
In other headlines:
CDC extends eviction moratorium for the ‘last time.’ The Biden administration on Thursday extended the nationwide ban on evictions for a month but said this is the last time it plans to do so. More: The Post and Courier
Calhoun statue could go to S.C. State Museum. Charleston officials confirmed Thursday that the city is involved in ongoing discussions with the South Carolina State Museum about the future of the John C. Calhoun statue. More: WCSC TV
Chauvin faces sentencing today, could serve up to 40 years. Derek Chauvin, the former Minneapolis police officer, is set to be sentenced today for the killing of George Floyd. His defense team has requested probation. More: The New York Times, The Wall Street Journal
McMaster defends end of S.C.’s federal pandemic unemployment benefits. Gov. Henry McMaster justified his decision to cut off federal pandemic unemployment benefits early as a way to encourage the state’s residents to get back to work. More: The Post and Courier
- To get dozens of South Carolina news stories every business day, contact the folks at SC Clips.
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