11:30 LRN Newscast June 15

There’s a potential sign gas prices are peeking as Louisiana did not set a new record today for a statewide average. It’s at $4.55 for a gallon of regular gas, the same as yesterday. But Eric Smith, Associate Director of the Tulane Energy Institute says don’t expect any real relief until later this year…

Cut 6  (10) “…development activity.” 

For the second summer in a row, Louisiana is seeing an increase in RSV, the respiratory virus that usually causes wintertime colds in children. Dr. Mark Klein, physician in chief at Children’s Hospital in New Orleans believes the wearing of masks during the first year of the pandemic curbed the number of RSV cases.

Cut 3 (07) “…from it.”

He says it’s placed some children in intensive care.

A special session called by the governor for the Legislature to redraw a Congressional district map with two majority Black Districts is set to begin at noon today. A federal judge has determined the map approved by majority Republican lawmakers in February violates the Voting Rights Act. New Orleans Democrat, Representative Mandie Landry expects they’ll revisit maps presented during the first redistricting session…

Cut 16 (07)  “…Congressional maps.”
Louisianans with much of their wealth invested in stocks are growing worried about the emerging bear market. The Dow Jones and the S&P500 have both dropped around 20 percent, triggered by fears a recession is looming. Financial investments advisor Matt Kennedy says do not panic, but be ready to ride out some rough fiscal times…:

Cut 10 (07) “…level out some.”
Kennedy says selling stocks may not be the best move at this time.