Category Archives: WBAP 24/7 News

Speaker Johnson Postpones Vote on a Bill to Avoid a Partial Government Shutdown

Speaker Johnson Postpones Vote on a Bill to Avoid a Partial Government Shutdown

WASHINGTON (AP) — Speaker Mike Johnson has postponed a vote on a temporary spending bill that would keep federal agencies and programs funded for six months. It’s becoming increasingly clear that the measure lacks the support to pass as a potential partial government shutdown looms. The legislation would also require that people registering to vote…MORE

US Inflation Reaches a 3-Year Low as Federal Reserve Prepares to Cut Interest Rates

US Inflation Reaches a 3-Year Low as Federal Reserve Prepares to Cut Interest Rates

WASHINGTON (AP) — The post-pandemic spike in U.S. inflation eased further last month as year-over-year price increases reached a three-year low, clearing the way for the Federal Reserve to cut interest rates and likely shaping the economic debate in the final weeks of the presidential race. Consumer prices rose 2.5% in August from a year…MORE

Norfolk Southern Fires CEO Alan Shaw for an Inappropriate Relationship With an Employee

Norfolk Southern Fires CEO Alan Shaw for an Inappropriate Relationship With an Employee

(AP) – Norfolk Southern says it has fired CEO Alan Shaw for having an inappropriate relationship with a subordinate. His departure ends two difficult years on the job and comes just days after the company’s board announced it was investigating his alleged ethical lapses. Shaw was leading Norfolk Southern in February 2023 when one of…MORE