White smoke rose from the chimney of the Sistine Chapel on Thursday afternoon, signaling to the world that the College of Cardinals has successfully elected a new pope to lead the Roman Catholic Church. The election follows the death of Pope Francis last month. The identity of the new pontiff is expected to be revealed…… MORE
(WBAP/KLIF) — AP U.S. President Donald Trump said from the White House on Thursday that his government has reached a trade agreement with the United Kingdom. Trump said the deal increases access for U.S. agricultural products, though he added that the final details were still being written up. Britain says the deal will cut tariffs…… MORE
UPDATE: Lord Robert Prevost, now Pope Leo the 14th, the first American Pope, Cardinal to the city of Chicago, U.S., is chosen as the new Pope. He left as a missionary to go to Peru as a young man, starting his journey with the Catholic Church. VATICAN CITY (AP) — White smoke poured from the…… MORE
WASHINGTON (AP) — As Congress looks to slash spending and raise revenue for President Donald Trump’s tax bill, Republicans have turned attention to the huge endowments amassed by the country’s wealthiest colleges. Varying proposals have called for raising the rate to 14% or 21%, treating traditionally tax-free universities like major corporations. Trump previously said he…… MORE
WASHINGTON (AP) — The Federal Reserve will likely keep its key short-term interest rate unchanged on Wednesday, despite harsh criticism from President Donald Trump and his demand that the Fed reduce borrowing costs. After causing a sharp drop in financial markets two weeks ago by saying he could fire Fed Chair Jerome Powell, the Republican…… MORE