Binnie R. Stout (1933-2024)

Binnie R. Stout, 91, of Brighton Township, more affectionately known as “Amma”, passed away on Thursday, October 31, 2024 at Lakeview Personal Care Home of Darlington. She was born on September 23, 1933, in Wellington, Texas, the daughter of the late Albert Gatlin and Mary Ruth (Tedford) Quinet. In addition to her parents, Binnie was preceded in death by a brother, Billy Gatlin and a son-in-law, Jeff Richeal.

She is survived by her husband, Malcolm Stout, children, Ken Stout, Dolly Richeal, and Donna Pullman, grandchildren: Darcy Stiteler, Angela Erdelack, Amy Snider, Loni Smith, and Nick Stout; great-grandchildren: Jack, Carter, Josh, Jonah, Nate, Alex, Caileigh, and Emma; as well as numerous nieces, nephews, and special friends Aaron and Ron, who graciously provided help on the farm.

Binnie was a devoted homemaker, mother, grandmother, and great-grandmother.  She was a member of the New Brighton Church of Christ and enjoyed every moment spent with her family.

In keeping with Binnie’s wishes, all services were private.

Interment was in Grandview Cemetery of Beaver Falls.

The GABAUER FUNERAL HOME & CREMATION SERVICES, INC., 1133 Penn Avenue, New Brighton, was honored to care for Binnie and her family during this time.

Stocks and bitcoin jump after Trump’s victory. So do worries about inflation as Dow surges 1,500

A television screen on the floor of the New York Stock Exchange displays results of the Presidential election, Wednesday, Nov. 6, 2024. (AP Photo/Richard Drew)
By STAN CHOE AP Business Writer

NEW YORK (AP) — U.S. stocks stormed to records as investors bet on what Donald Trump’s return to the White House will mean for the economy and the world. The S&P 500 jumped 2.5% Wednesday for its best day in nearly two years. The Dow Jones Industrial Average surged 1,500 points, and the Nasdaq composite gained 3%. Big bank stocks led the way on expectations that Trump’s policies will lead to stronger economic growth and less regulation. Bitcoin also jumped to a record, while Treasury yields ran higher amid worries about bigger U.S. government borrowing and higher inflation. The U.S. dollar jumped against other currencies.
THIS IS A BREAKING NEWS UPDATE. AP’s earlier story follows below.
NEW YORK (AP) — The U.S. stock market, Elon Musk’s Tesla, banks and bitcoin are all storming higher Wednesday as investors bet on what Donald Trump’s return to the White House will mean for the economy and world. Among the losers the market sees: solar-power companies and potentially anyone worried about higher inflation.
The S&P 500 was jumping by 2.4% in afternoon trading and on track to top its all-time high set last month. The Dow Jones Industrial Average was up 1,438 points, or 3.4%, as of 2:30 p.m. Eastern time, while the Nasdaq composite was 2.8% higher.
The U.S. stock market has historically tended to rise regardless of which party wins the White House, with Democrats scoring bigger average gains since 1945. But Republican control could mean big shifts in the winners and losers underneath the surface, and investors are adding to bets built earlier on what the higher tariffs, lower tax rates and lighter regulation that Trump favors will mean.
“The markets are scrambling to figure out what happens next, but for the time being, the market is pricing in a higher growth and higher inflation outlook,” Peter Esho of Esho Capital said.
Of course, how much change Trump will be able to effect will likely depend on whether his fellow Republicans win control of Congress, and that’s still to be determined. That could leave room for snaps back in some of Wednesday’s big knee-jerk movements.
Nevertheless, the market is cleaving between rather clear winners and losers following Trump’s dramatic win. Among them:
Bank stocks, UP
Bank stocks led the market higher, in part on hopes that a stronger economy would mean more customers getting loans and paying them back with interest. They also rallied on hopes for lighter regulation from a Republican White House, which could spur more mergers and buyouts where investment banks could earn fees. JPMorgan Chase rose 10.6%, and financial stocks in the S&P 500 had the biggest gain by far among the index’s 11 sectors.
Crypto, UP
Trump has pledged to make the country “the crypto capital of the planet” and create a “strategic reserve” of bitcoin. The price of bitcoin hit an all-time high above $75,000, according to Coindesk, and was recently up 7.7% at roughly $75,466. Companies in the crypto industry also jumped, including trading platform Coinbase’s 32.1% leap.
Tesla, UP
Musk has become a close ally of Trump, exhorting the former president’s run. While Trump may end up hurting the electric-vehicle industry broadly by limiting government subsidies, analysts say Tesla could gain somewhat of an advantage by already being such a big player in the industry. Tesla revved 14.5% higher, while rival Rivian Automotive fell 8.4%.
Trump Media & Technology Group, UP
The company behind Trump’s Truth Social platform rose 3% after earlier jumping nearly 35%. It regularly trades more on Trump’s popularity than on prospects for its profits. Its rise came even after it filed unaudited financial documents with regulators late Tuesday saying it lost $19.2 million during the latest quarter and that its sales weakened from a year earlier.
Private-prison operators, UP
A Trump-led Washington could push for tougher enforcement of the nation’s borders, which could mean more business for companies that work with U.S. Immigration and Customs Enforcement, or ICE. GEO Group, which runs ICE processing centers, jumped 37.9%.
Stocks of smaller companies, UP
Trump’s America-First policies could help companies that focus on customers within the United States, rather than big multinationals who could be hurt by increased tariffs and protectionism. The Russell 2000 index of smaller stocks, which are seen as more domestically focused than the big stocks in the S&P 500, jumped 5.6%. That was more than double the S&P 500’s gain.
Treasury bond prices, DOWN
Investors see Trump’s policies potentially leading to stronger economic growth, which helps push prices down for Treasurys and their yields up. Tax cuts under Trump could also further swell the U.S. government’s deficit, which would increase its borrowing needs and force yields even higher. The yield on the 10-year Treasury jumped to 4.44% from 4.29% late Tuesday, which is a major move for the bond market. It’s up substantially from August, when it was below 4%.
Inflation worries, UP
Investors also see Trump’s policies likely adding to future inflation, particularly tariffs, which can add costs to U.S. households’ bills.
“Trump keeps openly telling people that he will increase tariffs not just on China but with every trade partner,” said Andrzej Skiba, head of BlueBay U.S. Fixed Income at RBC Global Asset Management. “We’re talking 10% tariffs across all global partners. This is a big deal because this could add 1% to inflation. If you add 1% to next year’s inflation numbers, we should say bye to rate cuts.”
A drop-off in immigration could also push companies to raise wages for workers faster, which in turn could put more upward pressure on inflation.
Expectations for interest rate cuts, MUDDLED
Much of Wall Street’s run to records this year was built on expectations for coming cuts to interest rates by the Federal Reserve, now that inflation seems to be heading back down to its 2% target. Easier interest rates help to boost the economy, but they can also give inflation more fuel.
The Fed will announce its latest decision on interest rates on Thursday, where the expectation is still for a cut, according to data from CME Group. But traders are already paring back their forecasts for how many cuts the Fed will provide through the middle of next year.
Foreign currencies, DOWN against the dollar
Trump has vowed to sharply hike tariffs on imports from China, Mexico and other countries, raising worries about trade wars and disruptions to the global economy. A measure of the U.S. dollar’s value against several major currencies climbed 1.6%, which means that those other currencies fell.
The euro sank 1.7%, the South Korean won fell 1.4% and the Mexican peso slipped a bit further against the dollar.
Rewnewable energy stocks, DOWN
Trump is a fan of fossil fuels, encouraging production of oil and natural gas. His win sent solar stocks sharply lower, including a 8.7% fall for First Solar and 15.1% slide for Enphase Energy.
The only stock with a bigger loss in the S&P 500 was Super Micro Computer, which said its sales for the latest quarter could come in below its prior forecast. Its stock sank 21.5%.
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AP Writers Zimo Zhong, Elaine Kurtenbah, Kirstin Grieshaber and Kelvin Chan contributed to this report.

Tesla shares soar 13% as Trump win sets stage for Elon Musk’s electric vehicle company

FILE – Tesla and SpaceX CEO Elon Musk listens as Republican presidential nominee former President Donald Trump speaks at a campaign event at the Butler Farm Show, Oct. 5, 2024, in Butler, Pa. (AP Photo/Alex Brandon, File)

By DAMIAN J. TROISE AP Business Writer

NEW YORK (AP) — Shares of Tesla soaring after an election that will send Donald Trump back to the White House, an outcome that has been strongly backed by CEO Elon Musk in the closing months of the race. Tesla stands to make significant gains under a Trump administration due to its size, with the expectation that subsidies for alternative energy and electric vehicles will be threatened. While that would be a negative overall for the industry, it could give Tesla an advantage because of its market share. Shares of Tesla spiked 13%, while shares of rival EV makers fell.

Over 80% Turnout in Beaver County For The General Election

Photo of voters lined up at the poll at Ridge Point Family Church in Brighton Twp.. Photo taken by Beaver County Radio Staff.

(Brighton Twp.,Pa.)  Beaver County registered voters showed up in a big way for the general election on Tuesday. Of the 117,488 registered voters in Beaver County 80.7% cast a ballot via mail in, early voting , absentee, or by going to the polls.  You can see a chart of the figures below.

Campfires on state game lands in Pennsylvania temporarily prohibited by the Pennsylvania Game Commission

The Pennsylvania Game Commission has noticed continuing conditions from droughts, therefore the building of campfires on state game lands was temporarily prohibited by the commission.

According to a statement from the Pennsylvania Game Commission, camping isn’t allowed on state game lands, but people are allowed to build small fires for cooking or for staying warm.  

35 of Pennsylvania’s 67 counties have had drought conditions declared and over the past week, over one hundred wildfires have been reported.

Pennsylvania Department of Conservation and Natural Resources announces open burn ban

Fires are always dangerous, and the Pennsylvania Department of Conservation and Natural Resources put an open burn ban in effect for both forests and state parks in Pennsylvania. Pennsylvanians were warned to not spark a flame near areas of wood, because according to a Facebook post from the department on Tuesday, “A single spark can ignite a wildfire, risking your safety and that of others.” The post also noted that the ban happened because of sunny weather, temperatures that were unreasonable and decreased humidity, which increases the chance of wildfires. According to a statement from the Pennsylvania Department of Conservation and Natural Resources, every state park and forest in Pennsylvania is put on this ban until further notice. 

National Adoption Month celebrated in November

(Reported by Danielle Smith of Keystone News Service)

November is National Adoption Month. In Pennsylvania, more than three thousand children in foster care are waiting for new families through adoption. Dr. Abigail Wilson with the Pennsylvania Council of Children, Youth and Family Services says nationwide, more than one-hundred and eight thousand children are in foster care awaiting adoption. Wilson says now is a great time to learn more about the joys and the challenges of adoptive families. She says the data also provides insights into the racial composition of the children who need permanent families.

Beaver County voted mostly Republicans in results for state and federal offices

(Reported by Beaver County Radio News Correspondant Sandy Giordano, Published on November 6th, 2024 at 7:48 A.M.)

By now, everyone knows that Republican Donald J. Trump will be the 47th President of the United States, according to election results from all 50 states. His total in Beaver County was 56,502. Democratic contenders Kamala  Harris and Tim Walz received 36,795 votes.

In Beaver County, almost all Republican contenders for the state and federal offices won, except for incumbent Democrat Representative in the 16th District Robert F. Matzie. He defeated  Michael J. Perich, 18,047 to 16,447. 47th district Senator Elder Vogel, Jr., an incumbent, defeated Democratic newcomer Kate Lennen 57,196 to 32,788.
The county has 117,448 registered voters, 71,497 voted on election Day, and there were 23,349 mail ballots.
In the highly contested race, Democratic incumbent Robert P. Casey, Jr. was defeated by  Republican Dave Mccormick 53,276, to 38,131.
Attorney General will be Republican Dave Sunday, he defeated Democrat Eugene Depasquale 53,461 to 36,966. Republican Defoor defeated Malcolm Kenyatta for state treasurer  54,353 to 35,281.  In the 17th district race, Republican Rob Mercuri defeated Chris Deluzio 53,564 to 40,000. In the 14th district, Republican Roman Kozak defeated Kenya Johns, 24,149 to 12,796.
Republican incumbent state representative in the 15th district Joshua Kail defeated Ashlee Caul 15,152 to 6,754.

Kail, Kozak, and Matzie Come up Winners for Pa State Rep.

(photo courtesy of Frank Sparks, Taken at the Beaver County Radio Cruzin on the Ridge earlier this year)

Frank Sparks, Beaver County Radio News

(Brighton Twp., Pa.)  The unofficial results are in and the Pa. Elections Office is reporting that  incumbents Josh Kail (R) 15th, Rob Matzie (D) 16th  have retained their seats in the General Assembly of Pennsylvania.  In the 14th District Beaver County Republican Chairman Roman Kozak gets the nod over Democrat and Beaver Falls Mayor Dr. Kenya Johns. Kozak will now replace retiring State Rep Jim Marshall who decided not to seek another term. Kozak doubled up Johns in receiving votes and cruised to a comfortable win. Kail also more than doubled up his opponent Ashlee Caul. The close race was in the 16th with Matzie retaining his seat by less than 1,700 votes. The results are listed below.

14th Legislative District By County –By Vote Method 
KENYA JOHNS (DEM)-34.64% (Votes: 12,796)
ROMAN KOZAK (REP)65.36% (Votes: 24,149)
15th Legislative District By County –By Vote Method 
ASHLEE CAUL (DEM)- 31.03% (Votes: 11,074)
JOSHUA D KAIL (REP)-68.97% (Votes: 24,614)
16th Legislative District  By County –By Vote Method 
ROBERT F MATZIE (DEM)52.27% (Votes: 18,047)
MICHAEL J PERICH (REP)- 47.73% (Votes: 16,477)

AP:Trump wins the White House in political comeback rooted in appeals to frustrated voters

Republican presidential candidate and former president, Donald Trump, speaks during the final day of the Republican National Convention Thursday, July 18, 2024, in Milwaukee. (AP Photo/Jae C. Hong)
By ZEKE MILLER, MICHELLE L. PRICE, WILL WEISSERT and JILL COLVIN Associated Press

WASHINGTON (AP) — Donald Trump was elected the 47th president of the United States on Wednesday, an extraordinary comeback for a former president who refused to accept defeat four years ago, sparked a violent insurrection at the U.S. Capitol, was convicted of felony charges and survived two assassination attempts.
With a win in Wisconsin, Trump cleared the 270 electoral votes needed to clinch the presidency.
The victory validates his bare-knuckle approach to politics. He attacked his Democratic rival, Kamala Harris, in deeply personal – often misogynistic and racist – terms as he pushed an apocalyptic picture of a country overrun by violent migrants. The coarse rhetoric, paired with an image of hypermasculinity, resonated with angry voters – particularly men – in a deeply polarized nation.
As president, he’s vowed to pursue an agenda centered on dramatically reshaping the federal government and pursuing retribution against his perceived enemies. Speaking to his supporters Wednesday morning, Trump claimed he had won “an unprecedented and powerful mandate.”
The results cap a historically tumultuous and competitive election season that included two assassination attempts targeting Trump and a shift to a new Democratic nominee just a month before the party’s convention. Trump will inherit a range of challenges when he assumes office on Jan. 20, including heightened political polarization and global crises that are testing America’s influence abroad.
His win against Harris, the first woman of color to lead a major party ticket, marks the second time he has defeated a female rival in a general election. Harris, the current vice president, rose to the top of the ticket after President Joe Biden exited the race amid alarm about his advanced age. Despite an initial surge of energy around her campaign, she struggled during a compressed timeline to convince disillusioned voters that she represented a break from an unpopular administration.
Trump is the first former president to return to power since Grover Cleveland regained the White House in the 1892 election. He is the first person convicted of a felony to be elected president and, at 78, is the oldest person elected to the office. His vice president, 40-year-old Ohio Sen. JD Vance, will become the highest-ranking member of the millennial generation in the U.S. government.
There will be far fewer checks on Trump when he returns to the White House. He has plans to swiftly enact a sweeping agenda that would transform nearly every aspect of American government. His GOP critics in Congress have largely been defeated or retired. Federal courts are now filled with judges he appointed. The U.S. Supreme Court, which includes three Trump-appointed justices, issued a ruling earlier this year affording presidents broad immunity from prosecution.
Trump’s language and behavior during the campaign sparked growing warnings from Democrats and some Republicans about shocks to democracy that his return to power would bring. He repeatedly praised strongman leaders, warned that he would deploy the military to target political opponents he labeled the “enemy from within,” threatened to take action against news organizations for unfavorable coverage and suggested suspending the Constitution.
Some who served in his first White House, including Vice President Mike Pence and John Kelly, Trump’s longest-serving chief of staff, either declined to endorse him or issued dire public warnings about his return to the presidency.
While Harris focused much of her initial message around themes of joy, Trump channeled a powerful sense of anger and resentment among voters.
He seized on frustrations over high prices and fears about crime and migrants who illegally entered the country on Biden’s watch. He also highlighted wars in the Middle East and Russia’s invasion of Ukraine to cast Democrats as presiding over – and encouraging – a world in chaos.
It was a formula Trump perfected in 2016, when he cast himself as the only person who could fix the country’s problems, often borrowing language from dictators.
“In 2016, I declared I am your voice. Today I add: I am your warrior. I am your justice. And for those who have been wronged and betrayed, I am your retribution,” he said in March 2023.
This campaign often veered into the absurd, with Trump amplifying bizarre and disproven rumors that migrants were stealing and eating pet cats and dogs in an Ohio town. At one point, he kicked off a rally with a detailed story about the legendary golfer Arnold Palmer in which he praised his genitalia.
But perhaps the defining moment came in July when a gunman opened fire at a Trump rally in Butler, Pennsylvania. A bullet grazed Trump’s ear and killed one of his supporters. His face streaked with blood, Trump stood and raised his fist in the air, shouting “Fight! Fight! Fight!” Weeks later, a second assassination attempt was thwarted after a Secret Service agent spotted the barrel of a gun poking through the greenery while Trump was playing golf.
Trump’s return to the White House seemed unlikely when he left Washington in early 2021 as a diminished figure whose lies about his defeat sparked a violent insurrection at the U.S. Capitol. He was so isolated at the time that few outside of his family bothered to attend the send-off he organized for himself at Andrews Air Force Base, complete with a 21-gun salute.
Democrats who controlled the U.S. House quickly impeached him for his role in the insurrection, making him the only president to be impeached twice. He was acquitted by the U.S. Senate, where many Republicans argued that he no longer posed a threat because he had left office.
But from his Mar-a-Lago resort in Florida, Trump – aided by some elected Republicans – worked to maintain his political relevance. Rep. Kevin McCarthy, the California Republican who at the time led his party in the U.S. House, visited Trump soon after he left office, essentially validating his continued role in the party.
As the 2022 midterm election approached, Trump used the power of his endorsement to assert himself as the unquestioned leader of the party. His preferred candidates almost always won their primaries, but some went on to defeat in elections that Republicans viewed as within their grasp. Those disappointing results were driven in part by a backlash to the U.S. Supreme Court ruling that revoked a woman’s constitutional right to an abortion, a decision that was aided by Trump-appointed justices. The midterm election prompted questions within the GOP about whether Trump should remain the party’s leader.
But if Trump’s future was in doubt, that changed in 2023 when he faced a wave of state and federal indictments for his role in the insurrection, his handling of classified information and election interference. He used the charges to portray himself as the victim of an overreaching government, an argument that resonated with a GOP base that was increasingly skeptical – if not outright hostile – to institutions and established power structures.
Florida Gov. Ron DeSantis, who challenged Trump for the Republican nomination, lamented that the indictments “sucked out all the oxygen” from this year’s GOP primary. Trump easily captured his party’s nomination without ever participating in a debate against DeSantis or other GOP candidates.
With Trump dominating the Republican contest, a New York jury found him guilty in May of 34 felony charges in a scheme to illegally influence the 2016 election through a hush money payment to a porn actor who said the two had sex. He faces sentencing later this month, though his victory poses serious questions about whether he will ever face punishment.
He has also been found liable in two other New York civil cases: one for inflating his assets and another for sexually abusing advice columnist E. Jean Carroll in 1996.
Trump is subject to additional criminal charges in an election-interference case in Georgia that has become bogged down. On the federal level, he’s been indicted for his role in trying to overturn the results of the 2020 election and improperly handling classified material. When he becomes president on Jan. 20, Trump could appoint an attorney general who would erase the federal charges.
As he prepares to return to the White House, Trump has vowed to swiftly enact a radical agenda that would transform nearly every aspect of American government. That includes plans to launch the largest deportation effort in the nation’s history, to use the Justice Department to punish his enemies, to dramatically expand the use of tariffs and to again pursue a zero-sum approach to foreign policy that threatens to upend longstanding foreign alliances, including the NATO pact.
When he arrived in Washington 2017, Trump knew little about the levers of federal power. His agenda was stymied by Congress and the courts, as well as senior staff members who took it upon themselves to serve as guardrails.
This time, Trump has said he would surround himself with loyalists who will enact his agenda, no questions asked, and who will arrive with hundreds of draft executive orders, legislative proposals and in-depth policy papers in hand.
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Colvin reported from West Palm Beach, Florida.