Category Archives: 24/7 Newsroom News

Biden Awards $1.7 Billion to Boost Electric Vehicle Manufacturing and Assembly in 8 States

Biden Awards $1.7 Billion to Boost Electric Vehicle Manufacturing and Assembly in 8 States

WASHINGTON (AP) — The Biden administration is awarding nearly $2 billion in grants to help restart or expand electric vehicle manufacturing and assembly sites in eight states, including the presidential battlegrounds of Michigan, Pennsylvania and Georgia. The Energy Department will issue grants totaling $1.7 billion to General Motors, Stellantis and other automakers to create or…MORE

US Inflation Cools Again, Potentially Paving Way for Fed to Cut Interest Rates Soon

US Inflation Cools Again, Potentially Paving Way for Fed to Cut Interest Rates Soon

WASHINGTON (AP) — Inflation in the United States cooled in June for a third straight month, a sign that the worst price spike in four decades is steadily fading and may soon usher in interest rate cuts by the Federal Reserve. In a better-than-expected report, consumer prices declined 0.1% from May to June after having…MORE

IRS Collects Milestone $1 Billion in Back Taxes From High-wealth Taxpayers

IRS Collects Milestone $1 Billion in Back Taxes From High-wealth Taxpayers

WASHINGTON (AP) — The IRS has collected $1 billion in back taxes from high-wealth tax cheats — a milestone meant to showcase how the agency is making use of the money it received as part of the Biden administration’s signature climate, health care and tax package signed into law in 2022. The announcement Thursday comes…MORE

Biden Forcefully Declares He’s Staying in Reelection Race in Major News Conference

Biden Forcefully Declares He’s Staying in Reelection Race in Major News Conference

WASHINGTON (AP) — President Joe Biden has opened his highly anticipated news conference with a forceful defense of his foreign and domestic policies, and is batting away questions about his ability to serve another four years, even as he flubbed a reference to Donald Trump in one of his first answers. Biden says: “I’m not…MORE

Equipment Failure Causes Long Lines for Dallas Love Field Passengers

Equipment Failure Causes Long Lines for Dallas Love Field Passengers

DALLAS – (WBAP/KLIF)  –  Ongoing issues with checking bags are still in delay mode at Dallas Love Field Airport today, with some passengers reporting a wait up to five hours just to check a bag. Among those waiting, Hurricane Beryl-delayed travelers and a 60 thousand attendee sorority conference in Dallas.    An airport controlled baggage…MORE