Category Archives: 24/7 Newsroom News
US Stocks Rise to Records After a Solid Jobs Report Overshadows Higher Oil Prices
NEW YORK (AP) - U.S. stocks rose to records following the latest sign that the nation's job market is doing better than economists expected. The S&P 500 climbed 0.8% Friday to an all-time high aft...
May 08, 2026 Bullish - green stock exchange market times buying hours volume chart with arrow up day trade.
Shipping Firms Are Being Whipsawed by Changing Stances and Risks as They Wait for Hormuz to Reopen
NEW YORK (AP) - With hundreds of vessels still stuck in the Persian Gulf and costs piling up, shipping companies are being whipsawed by uncertainty over how and when the Strait of Hormuz might reopen ...
May 08, 2026 TOPSHOT - In this picture obtained from Iran's ISNA news agency on May 4, 2026, vessels are pictured anchored in the Strait of Hormuz off Bandar Abbas in southern Iran. Iran's Revolutionary Guards on May 4 denied that any commercial ships had crossed the Strait of Hormuz, after the US military earlier said two US-flagged merchant vessels had transited through the vital waterway. (Photo by Amirhossein KHORGOOEI / ISNA / AFP via Getty Images) /
Trump Administration Settles Meatpacking Antitrust Case in Bid to Bring Down Grocery Prices
WASHINGTON (AP) - The Trump administration has reached a proposed settlement in an antitrust case against Agri Stats, a data-sharing company for the meatpacking industry. The federal government accuse...
May 08, 2026
Trump Says EU Has Until July 4 to Approve Last Year's Trade Deal or It Will Face Higher Tariffs
WASHINGTON (AP) - President Donald Trump says goods from the European Union will face higher tariff rates if the 27-member bloc fails to approve last year's trade framework by July 4. Trump's announce...
May 08, 2026
Federal Court Rules Against New Global Tariffs Trump Imposed After Loss at the Supreme Court
WASHINGTON (AP) - A federal court has ruled against the new global tariffs that President Donald Trump imposed after a stinging loss at the Supreme Court. A split three-judge panel of the Court of Int...
May 08, 2026
Lower-income Americans Hit Hardest by Gas Price Spike, Widening Inequalities, Study Finds
WASHINGTON (AP) - Lower-income Americans sharply reduced their gas consumption in the month following the Iran war, yet spiking prices still forced them to spend more at the pump, worsening the econom...
May 08, 2026
A Taiwanese Company May Expand to North Texas
(WBAP/KLIF) -- A Taiwanese electronics company, Lite-On Technology USA Inc., is considering a major expansion in McKinney, Texas, that could bring about 500 new jobs and advanced manufacturing to the ...
May 08, 2026
U.S. and Iran Exchange Fire in Strait of Hormuz; Peace Proposal Still Under Review
DUBAI, United Arab Emirates (AP) - U.S. forces fired on and disabled two Iranian oil tankers on Friday after exchanging fire with Iranian forces in the Strait of Hormuz overnight. The United Arab Emir...
May 08, 2026
Iran Attacks U.S. Naval Ships in Strait of Hormuz; U.S. Responds
(WBAP/KLIF) -- DUBAI, United Arab Emirates (AP) - The U.S. military said it intercepted Iranian attacks Thursday on three Navy ships in the Strait of Hormuz and "targeted Iranian military facilities r...
May 07, 2026 ruskpp / Depositphotos.com
Texas A&M Appoints New President
(WBAP/KLIF) -- AP -- Regents on Wednesday unanimously appointed Susan Ballabina as president of Texas A&M, putting her in charge of the state's largest public university as it continues to deal wi...
May 07, 2026
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