Baylor News

The last time the stock market was this high, the Great Recession had just started, and stocks were pointed toward a headlong descent.

But on Thursday, the Dow Jones industrial average hit its highest mark since December 2007, and the Standard & Poor’s 500 index soared to its highest level since January 2008 in a rally that marked a milestone: American stocks have come almost all the way back.

The Brothers Under Christ Island Party bill avoided a potential wipeout at Thursday’s meeting.

Ultimately the BYX bill was passed unanimously with the vote of the 27 senators present. Opposition to the bill came during its review by the finance committee. In a decision of two affirmative and three against, the committee did not want to recommend the bill for passage because of concerns about the amount of funds requested.

Gold medal. Gold star. Gold… water?

Barry M. Goldwater Scholarship workshops are being held from 5 to 6 p.m. Sept. 25 and Oct. 16 in the C206 Baylor Sciences Building.

Students interested in applying for the Goldwater scholarship should attend, but attendance is not mandatory.

Laboratory tests show that globs of oil found on two Louisiana beaches after Hurricane Isaac came from the 2010 BP spill.

Tests run by Louisiana State University for state wildlife officials confirmed that oil found on Elmer’s Island and Grand Isle matched the biological fingerprint of the hundreds of millions of gallons of oil that spewed from BP’s Macondo well.

Waco News

State News

Beyond the races for U.S. Senate and governor, Texas voters will decide who fills several statewide offices this November — positions that oversee everything from the state’s finances to its oil and gas industry.

INTERNATIONAL

The Iran war is now in its 46th day. Iran responded by restricting access to Hormuz, which carries about a fifth of the world’s seaborne oil, and moving to toll vessels transiting the strait. Waco drivers are already feeling it. The local average hit $3.38 a gallon last week, up 21 cents in seven days and 75 cents year-over-year, according to AAA data.

Gas prices in Texas have surged more than 70 cents per gallon since the U.S. went to war with Iran three weeks ago. The near-total shutdown of the Strait of Hormuz has driven oil prices up more than 40%, pushing the national average to its highest point since 2023 and sending diesel past $5 for the first time in three years.

The largest U.S. military operation in the Middle East in decades unfolded as American and Israeli forces struck Iran Saturday, killing its supreme leader and triggering retaliatory strikes from the Gulf to Israel. The White House said the campaign is aimed at dismantling Iran’s military and toppling its government.