NEW YORK (AP) — U.S. stocks fell sharply Tuesday after disappointing inflation data made investors confront the bitter possibility that interest rates will stay high for months longer than they were hoping. The S&P 500 tumbled 1.4% as traders delayed forecasts for when the Federal Reserve will deliver the cuts to interest rates they crave…… MORE
Category Archives: Top Stories
Inflation Slowing But Slower Than Expectations.
Prices continued to rise in in January, but at a slowed pace; up from 3.4% to 3.1% on a twelve month basis, according to the U.S. Bureau of Labor Statistics. Core price growth was flat, at 3.9% as compared with December. The data for January slightly missed what was forecast; a reading of 2.9%, and…… MORE
Texas Republican Luttrell; Arizona’s Cotton, Introduce Measure to Use American Military to Capture or Kill Jalisco Cartel Leaders
By Kimberly James; WBAP and KLIF News, Dallas, Texas. Texas Republican Representative Morgan Luttrell and Arizona’s Tom Cotton have introduced a measure they say would help secure the border with Mexico. It would call on American Armed Forces to capture or kill leaders of the Jalisco Cartel. The Jalisco New Generation Cartel is one of…… MORE
Arrest of Suspect in Hit and Run Death of Arlington Police Officer Darrin
(ARLINGTON) – WBAP/KLIF – A suspect has been arrested and charged in connection with the September 21, 2021 hit and run death of 24-year APD veteran officer Darrin McMichael. The officer was riding a motorcycle to work on Interstate 20 near St. Augustin Drive just after 6 in the morning. McMichael struck the back of…… MORE
LISTEN LIVE: U.S. Supreme Court Now Hearing Arguments That May Determine Donald Trump’s Future Likelihood on Ballots This November.
The U.S. Supreme Court is now engaged; hearing arguments on the high stakes case concerning the eligibility of former President Donald Trump to be on ballots. The justices are considering whether they will rule Trump restored on Colorado’s primary ballot, after that state’s Supreme Court removed him citing the 14th Amendment “insurrectionist clause” for his…… MORE