Category Archives: WBAP 24/7 News

Powell Says Fed Rate Cut Is On Hold Even As Trump Demands Cuts

Powell Says Fed Rate Cut Is On Hold Even As Trump Demands Cuts

WASHINGTON (AP) — The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest rate, Chair Jerome Powell says, a stance directly at odds with President Donald Trump’s calls for immediate cuts. Powell said Tuesday that the economy is in a good position and that…MORE

Federal Judge Orders Trump Administration To Release EV Charger Funding In 14 States

Federal Judge Orders Trump Administration To Release EV Charger Funding In 14 States

SACRAMENTO, Calif. (AP) — A federal judge has partially granted a preliminary injunction that sought to release funds for the build out of electric vehicle chargers in more than a dozen states. The decision comes after 16 states and the District of Columbia sued the Trump administration for blocking funding for EV chargers that was…MORE

Louisiana Files Lawsuits Alleging Pharmaceutical Giant CVS Deceived Customers In Text Messages

Louisiana Files Lawsuits Alleging Pharmaceutical Giant CVS Deceived Customers In Text Messages

NEW ORLEANS (AP) — Louisiana accused pharmaceutical giant CVS of using its dominant market position to abuse customer information, drive up drug costs and unfairly undermine independent pharmacies. Louisiana Attorney General Liz Murrill announced Tuesday she had filed several lawsuits against CVS after the company sent out mass text messages to thousands of state residents…MORE