What the Fed’s 10th Consecutive Rate Hike Means

(WBAP/KLIF) — With the Federal Reserve’s 10th consecutive rate hike, experts predict a further cooling to the housing market. The Fed, Wednesday, raised the interest rate a quarter of a percentage point to 5%. Bankrate Chief Financial Analyst Greg McBride says the 5% increase since last year makes buying a home even more expensive. He…MORE

Texas PUC: “Our Risk Goes up as the Sun Goes Down”

AUSTIN (WBAP/KLIF) – The Electric Reliability Council of Texas and the Texas Public Utility Commission updated Texans on the power supply headed into the summer months during a briefing on Wednesday. There was overall confidence from Texas regulators. “We’ve made the grid we’ve got as strong as possible using every tool we have available,” said…MORE

Senator Cruz Responds to Challenge by Congressman Allred in Race for Senate Seat

(WBAP/KLIF) – Republican senator Ted Cruz is pushing back after Democratic Congressman Collin Allred announced he is running against Cruz in the race for his Senate seat. “Democrats have once again turned to a far-left radical to run for Senate,” said Cruz spokesperson Nick Maddux on Wednesday. “Not only does Colin Allred vote with Nancy…MORE

1 Dead, 4 Hurt in Shooting Inside Atlanta Medical Building

ATLANTA (AP) — One person was fatally shot and at least four others injured Wednesday in a shooting at a medical building in Midtown Atlanta, police said. Atlanta police said there had been no additional shots fired since the initial shooting unfolded inside a Northside Medical building on West Peachtree Street in a commercial area…MORE