Category Archives: WBAP 24/7 News

Federal Reserve’s Preferred Inflation Gauge Shows Price Pressures Eased Last Month

Federal Reserve’s Preferred Inflation Gauge Shows Price Pressures Eased Last Month

WASHINGTON (AP) — An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a sign that price pressures cooled after two months of sharp gains. Prices rose just 0.1% from October to November. Excluding the volatile food and energy categories, prices also ticked up just 0.1%, after two months…MORE

Amazon Workers Are Striking At Multiple Facilities.

Amazon Workers Are Striking At Multiple Facilities.

Amazon workers affiliated with the Teamsters union are on strike for a second day at seven of the company’s delivery hubs just days before Christmas. At midnight on Saturday, the Teamsters say workers at a prominent unionized warehouse in New York will also join. The union has not indicated how many employees were participating in…MORE

American Airlines Settles Discrimination Claims with Several Making the Allegations.

American Airlines Settles Discrimination Claims with Several Making the Allegations.

(ASSOCIATED PRESS) – American Airlines said Thursday it has settled a federal race discrimination lawsuit filed by three Black men who were ordered to deboard a flight last January. Financial details of the settlement weren’t released. American called it an “amicable resolution” to the lawsuit, which was filed in May in federal court in New…MORE

Unidentified Drones Hovering Restricted Military Zones in White Settlement

Unidentified Drones Hovering Restricted Military Zones in White Settlement

(WBAP/KLIF) — The unidentified flying drone issue comes to North Texas. White Settlement Police Chief Christopher Cook released a statement, Wednesday morning, regarding reports of drone sightings. In a post on the social media platform ‘X’, Cook says: “We started responding to multiple reports of drones flying near city neighborhoods, federal and military properties on…MORE

Federal Reserve Cuts Interest Rates 1/4 %

Federal Reserve Cuts Interest Rates 1/4 %

WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next year than it previously envisioned, largely because of still-elevated inflation. The Fed’s 19 policymakers projected that they will cut their benchmark…MORE

EPA Allows California to Ban Sales of New Gas-Powered Cars by 2035.

EPA Allows California to Ban Sales of New Gas-Powered Cars by 2035.

WASHINGTON (AP) — The Environmental Protection Agency on Wednesday granted two requests from California to enforce strict standards for vehicle emissions, including a rule aimed at banning sales of new gasoline-powered cars in the state by 2035. The incoming Trump administration is likely to try to reverse the action. The California rule is stricter than…MORE