Category Archives: WBAP 24/7 News

Trump Commutes The Sentence Of Ozy Media Co-Founder Carlos Watson

Trump Commutes The Sentence Of Ozy Media Co-Founder Carlos Watson

WEST PALM BEACH, Fla. (AP) — A White House official says President Donald Trump has commuted the sentence of Ozy Media co-founder Carlos Watson. Watson was convicted last year in a financial conspiracy case involving the defunct company. The commutation came just as Watson was due to report Friday to prison for a nearly 10-year…MORE

Elon Musk Sells X To His Own xAI For $33 Billion In All-Stock Deal

Elon Musk Sells X To His Own xAI For $33 Billion In All-Stock Deal

Elon Musk has sold social media site X to his own xAI artificial intelligence company in a $33 billion all-stock deal, the billionaire announced on Friday. Both companies are privately held, which means they are not required to disclose their finances to the public. Musk said in a post on X that the move will…MORE

US Consumers Remained Cautious About Spending Last Month As Inflation Ticked Higher

US Consumers Remained Cautious About Spending Last Month As Inflation Ticked Higher

WASHINGTON (AP) — An inflation gauge closely watched by the Federal Reserve remained high last month even before the impact of most tariffs has been felt. Americans’ spending rebounded in February after a fall last month and incomes increased. Friday’s report from the Commerce Department showed that consumer prices increased 2.5% in February from a…MORE