Category Archives: 24/7 Newsroom News

Mail Carriers Reach Tentative Contract With USPS That Includes Pay Raises and Air-Conditioned Trucks
Some 200,000 letter carriers have reached a tentative contract deal with the U.S. Postal Service that includes backdated pay raises and a promise to provide workers with air-conditioned trucks. The ne...
Cumulus Media Oct 19, 2024

Wealthier Americans Are Driving Retail Spending and Powering US Economy
WASHINGTON (AP) - It's a trend that has surprised many: Why, despite being squeezed by high prices, have Americans kept spending at retail stores and restaurants at a robust pace? One key reason is a ...
Cumulus Media Oct 19, 2024

CVS Health CEO Lynch Steps Down as National Chain Struggles to Right Its Path
CVS Health CEO Karen Lynch has stepped down with company shares sinking 19% this year and the health care giant struggling on several fronts. Company shares tumbled again Friday after CVS Health also ...
Cumulus Media Oct 19, 2024

Average Rate on a 30-year Mortgage in the US Rises to the Highest Level in 8 Weeks
The average rate on a 30-year mortgage in the U.S. moved higher for the third week in a row and reached the highest level since late August. The rate rose to 6.44% from 6.32% last week, mortgage buyer...
Cumulus Media Oct 17, 2024

US Shoppers Spent More at Retailers Last Month in Latest Sign Consumers Are Driving Growth
(Photo by Sean Gallup/Getty Images)WASHINGTON (AP) - Americans stepped up their purchases at retailers last month as low unemployment, steady pay gains and rising stock and home values helped sustain ...
Cumulus Media Oct 17, 2024

Big Tech’s Energy Needs Mean Nuclear Power is Getting a Fresh Look From Electricity Providers
NEW YORK (AP) - Nuclear power is garnering renewed attention amid growing demand for power and cleaner energy. The power source has seen a resurgence as nations focus on reducing emissions in an effor...
Cumulus Media Oct 17, 2024

Netflix’s Subscriber Growth is Slowing, but Its Profit and Stock Price Are Still Surging
Netflix says its subscriber growth slowed dramatically during the summer, a sign that the huge gains from the video-streaming service's crackdown on freeloading viewers is tapering off. The 5.1 millio...
Cumulus Media Oct 17, 2024

Supreme Court Allows Rule Limiting Pollution From Coal-Fired Power Plants to Remain in Effect
WASHINGTON (AP) - The Supreme Court has allowed a Biden administration rule aimed at limiting planet-warming pollution from coal-fired power plants to remain in place as legal challenges play out. The...
Cumulus Media Oct 17, 2024

US Filings for Jobless Applications Retreat Back to Recent Ranges After Big Jump Due to Hurricanes
The number of Americans filing for unemployment benefits last week came back down to more recent ranges after a big jump the week before due to hurricanes in the Southeast. The Labor Department report...
Cumulus Media Oct 17, 2024

Meta Lays Off Staff at Whatsapp and Instagram to Align With ‘Strategic Goals’
LONDON, UK – October 2021: Facebook social media company changes its corporate name to Meta.Meta says it has laid off some employees, including staff at WhatsApp And Instagram, to realign its re...
Cumulus Media Oct 17, 2024









