Category Archives: WBAP 24/7 News

Fed Chair Powell Faces Fresh Challenges to Fed Independence Amid Potential Rate Cuts

Fed Chair Powell Faces Fresh Challenges to Fed Independence Amid Potential Rate Cuts

WASHINGTON (AP) — Now that Federal Reserve Chair Jerome Powell has signaled that the central bank could soon cut its key interest rate, he faces a new challenge: how to do it without seeming to cave to the White House’s demands. For months, Powell has largely ignored President Donald Trump’s relentless hectoring that he reduce…MORE

European Postal Services Suspend Shipment of Packages to US Over Tariffs

European Postal Services Suspend Shipment of Packages to US Over Tariffs

ATHENS, Greece (AP) — Multiple postal services around Europe say they are suspending the shipment of many packages to the United States amid a lack of clarity over new import duties. Postal services in Germany, Denmark, Sweden and Italy say they will stop shipping most merchandise to the U.S. effective immediately. France and Austria will…MORE

Senate Approves Voting Map, Now Goes to Gov. Abbott

Senate Approves Voting Map, Now Goes to Gov. Abbott

AUSTIN, Texas (AP) — The Texas Senate has given final approval to a new, Republican-leaning congressional voting map, sending it to Gov. Greg Abbott for his signature. President Donald Trump has pushed for the map to help the GOP maintain its slim majority in Congress in the 2026 midterm elections. It has five new districts…MORE