Category Archives: WBAP 24/7 News

Powell Signals Fed May Cut Rates Soon Even as Inflation Risks Remain

Powell Signals Fed May Cut Rates Soon Even as Inflation Risks Remain

JACKSON HOLE, Wyo. (AP) — Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming months but gave no hint on the timing of a move and suggested the central bank will proceed cautiously as it continues to evaluate the impact of tariffs…MORE

What to Know About China’s New Regulations on Rare Earths

What to Know About China’s New Regulations on Rare Earths

BANGKOK (AP) — China has released new interim measures to tighten controls on mining and processing of rare earths that are used in many high-tech products including electric vehicles, smartphones and fighter jets. The rules released Friday by the Ministry of Industry and Information Technology apply both to rare earths originating in China and those…MORE