FORT WORTH (WBAP/KLIF News ) – Fort Worth police released details about the shooting of a man armed with a long gun accused of car jacking a driver during a chase Thursday evening. Sergeant Leah Wagner said the chase began around 5 p.m. near the intersection of Hazel Drive and Long Avenue when officers were…… MORE
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
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
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
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