Category Archives: WBAP 24/7 News

January Home Sales Fall As High Mortgage Rates, Prices Freeze Out Would-Be Buyers

January Home Sales Fall As High Mortgage Rates, Prices Freeze Out Would-Be Buyers

LOS ANGELES (AP) — Sales of previously occupied U.S. homes fell in January as rising mortgage rates and prices put off many would-be homebuyers despite a wider selection of properties on the market. Existing home sales fell 4.9% last month from December to a seasonally adjusted annual rate of 4.08 million units, the National Association…MORE

Wall Street Plummets; Analysts Say Investors Seek Safer Monetary Shelters.

Wall Street Plummets; Analysts Say Investors Seek Safer Monetary Shelters.

NEW YORK (AP) — U.S. stocks fell sharply Friday after reports showed that worries among consumers and businesses about President Donald Trump’s policies may be hitting the U.S. economy. The S&P 500 sank 1.7% for its worst day in two months. The Dow Jones Industrial Average dropped 748 points, or 1.7%, and the Nasdaq composite…MORE

Senate Confirms Kash Patel as Next FBI Director

Senate Confirms Kash Patel as Next FBI Director

(WBAP/KLIF) –AP– The Senate voted to confirm Kash Patel as FBI director, a decision that places him atop the nation’s premier federal law enforcement agency, despite concerns from Democrats over his qualifications and the prospect that he would do President Donald Trump’s bidding. Patel was selected to replace Christopher Wray, who was picked by Trump…MORE

Maverick’s Anthony Davis Injury to Be Re-Assessed In Two Weeks.

Maverick’s Anthony Davis Injury to Be Re-Assessed In Two Weeks.

DALLAS – WFAA – (WBAP/KLIF) – Dallas Mavericks power forward Anthony Davis “is making good progress” and will be re-evaluated for his left adductor strain in two weeks, the team has announced. Davis was dominant in three quarters of his Mavs debut against the Houston Rockets on Feburary 8th, but left the game after a…MORE

Southwest Airlines Announces Sweeping Layoffs

Southwest Airlines Announces Sweeping Layoffs

DALLAS — (WFAA; WBAP/KLIF) – For the first time in its nearly 58-year history, Southwest Airlines announced it will be laying off hundreds of workers at its Dallas headquarters. On Monday, the airline announced it will be laying off 1,750 employees at the company’s Dallas Love Field HQ. That number equates to around 15% of…MORE