WASHINGTON (AP) — The Justice Department has filed an antitrust lawsuit against real estate software company RealPage, accusing it of an illegal scheme that allows landlords to coordinate to hike rental prices. The lawsuit accuses the company of violating antitrust laws through its algorithm that landlords use to get recommended rental prices for apartments. Justice…… MORE
Arbitration Hearing Between Canadian Railroads and Union Ends With No Decision on Back-To-Work Order
TORONTO (AP) — A workers union and Canada’s two major freight railroads wrapped up a nine-hour arbitration hearing with the Canada Industrial Relations Board. But there was no decision Friday on whether the board would order one of the railroads back to work following a potentially devastating stoppage. The Teamsters Canada Rail Conference filed a…… MORE
RFK Suspends Campaign and Endorses Trump
(WBAP/KLIF) PHOENIX, AZ — Robert F. Kennedy, Jr., has decided to suspend his campaign for President, however will remain on the ballot in states where he will not be a spoiler, but will withdraw his name in 10 battleground states where he is projected to affect the outcome. Kennedy also threw his support behind Former…… MORE
Fed Gives Green Light to Lowering Interest Rates
(WBAP/KLIF) — WASHINGTON (AP) — Federal Reserve Chair Jerome Powell all but proclaimed mission accomplished in the fight against inflation and signaled that interest rate cuts are coming in a much-anticipated speech Friday in Jackson Hole, Wyoming. Under Powell, the Fed raised its benchmark rate to the highest level in 23 years to subdue inflation…… MORE
VP NOMINEE TIM WALZ MILITARY BACKGROUND
Adam Schwarze, lifelong Minnesotan and a 21-year veteran who served as a Navy SEAL and a Marine, joined The WBAP Morning News to delve a little more into Walz background as a member of the Minnesota National Guard. … MORE