Category Archives: WBAP 24/7 News

Oil Sells Off As Traders Calmly Look Beyond The Bombs In The Middle East

Oil Sells Off As Traders Calmly Look Beyond The Bombs In The Middle East

NEW YORK (AP) — If oil prices are any measure, Iran just flinched. The price of oil tumbled Monday on a bet that Iran’s decision to bomb U.S. and Qatari bases signals it is not planning to do the one thing that could really hurt America: Shut down the flow of oil. The 7% drop…MORE

Federal Reserve’s Bowman Says Rate Cut Should Be On Table In July

Federal Reserve’s Bowman Says Rate Cut Should Be On Table In July

WASHINGTON (AP) — Federal Reserve governor Michelle Bowman on Monday said the central bank should consider cutting its key interest rate as soon as its next meeting in July, underscoring deep divisions among Fed officials as they endure sharp criticism from the White House. Bowman, who was appointed to the Fed’s board of governors by…MORE

Musk Bets Cabs Will Give Tesla A lift After Boycotts And Sales Plunge

Musk Bets Cabs Will Give Tesla A lift After Boycotts And Sales Plunge

NEW YORK (AP) — Elon Musk has long promised to put a fleet of driverless Tesla “robotaxis” on the roads, but fans and shareholders have been kept waiting. Sunday, the billionaire may finally deliver. His Austin, Texas, electric vehicle maker has begun a test run in the city Sunday. Investors rattled by boycotts, plunging sales,…MORE

Governors Of Western States Give Mixed Reactions To Proposed Federal Land Sell-Off

Governors Of Western States Give Mixed Reactions To Proposed Federal Land Sell-Off

SANTA FE, N.M. (AP) — A Republican-sponsored proposal before Congress to mandate the sale of federal public lands is getting a mixed reception from the governors of Western states. Democratic New Mexico Gov. Michelle Lujan Grisham says the approach is problematic in New Mexico because of the close relationship residents have with those public lands.…MORE

Support For Solar Energy And Offshore Wind Falls Among Democrats And Independents

Support For Solar Energy And Offshore Wind Falls Among Democrats And Independents

A new poll shows Americans’ support for green energy tax credits and renewable energies like wind and solar power has decreased in recent years, driven by a softening in support from Democrats and independents. The Associated Press-NORC Center for Public Affairs Research poll finds U.S. adults’ support for tax credits for electric vehicles and solar…MORE

Iranian Attack on America’s Military Bases in Qatar; “Shelter in Place” Orders

Iranian Attack on America’s Military Bases in Qatar; “Shelter in Place” Orders

UPDATE: 6/23/2025 5:14 PM Fox News reports President Trump says both Iran and Israel have agreed to a ceasefire. More details as they become available. UPDATE 6/23/2025 3:45 PM: Iran fired 19 missiles at the base in Qatar, and one impacted the facility but caused no casualties, a Qatari military officer said late Monday. Maj.…MORE

U.S. B-2 Bombers Strike Iran Nuclear Facilities

U.S. B-2 Bombers Strike Iran Nuclear Facilities

(WBAP/KLIF) — WASHINGTON (AP) — President Donald Trump said Saturday that the U.S. military struck three sites in Iran, directly joining Israel ’s effort to decapitate the country’s nuclear program in a risky gambit to weaken a longtime foe amid Tehran’s threat of reprisals that could spark a wider regional conflict. President Trump to address…MORE

Senate Republicans Want To Change The Tax Breaks In Trump’s Big Bill

Senate Republicans Want To Change The Tax Breaks In Trump’s Big Bill

WASHINGTON (AP) — House and Senate Republicans are taking different approaches when it comes to the tax cuts that lawmakers are looking to include in their massive tax bill. Republicans in the two chambers don’t agree on the size of a deduction for state and local taxes. They are also at odds on such things…MORE