Category Archives: WBAP 24/7 News

US Consumer Confidence Rebounds After Five Straight Months of Declines Amid Tariff Anxiety

US Consumer Confidence Rebounds After Five Straight Months of Declines Amid Tariff Anxiety

WASHINGTON (AP) — Americans’ views of the economy improved in May after five straight months of declines sent consumer confidence to the lowest level since the onset of the COVID-19 pandemic, largely driven by anxiety over the impact of President Donald Trump’s tariffs. The Conference Board said Tuesday that its consumer confidence index rose 12.3…MORE

Salesforce Is Buying Informatica In A Deal Worth Approximately $8 Billion

Salesforce Is Buying Informatica In A Deal Worth Approximately $8 Billion

Salesforce is buying AI-powered cloud data management company Informatica in an approximately $8 billion deal. Informatica’s shareholders will receive $25 per share. The transaction will give Salesforce access to Informatica’s data management capabilities. Both companies’ boards have approved the deal, which is expected to close early in Salesforce’s fiscal 2027. (Copyright 2025 The Associated Press.…MORE

Trump Says He’ll Delay A Threatened 50% Tariff On The European Union Until July

Trump Says He’ll Delay A Threatened 50% Tariff On The European Union Until July

WASHINGTON (AP) — President Donald Trump says the U.S. will delay implementation of a 50% tariff on goods from the European Union from June 1 until July 9 to buy time for negotiations with the bloc. That agreement came after a call Sunday with Ursula von der Leyen, the president of the European Commission. Trump…MORE