Category Archives: WBAP Breaking News

Federal Reserve Cuts Interest Rates 1/4 %

Federal Reserve Cuts Interest Rates 1/4 %

WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next year than it previously envisioned, largely because of still-elevated inflation. The Fed’s 19 policymakers projected that they will cut their benchmark…MORE

Madison, Wisconsin School Shooting Injures Several; 3 Killed, More Injured.

Madison, Wisconsin School Shooting Injures Several; 3 Killed, More Injured.

UPDATE: Madison Police now identify the shooting suspect as a 17 year old female student found dead when they entered the school. Officials now confirm 2 people were killed in the shooting; a teenaged student and a teacher. Several more are hospitalized; reports place the injured between six and nine others. UPDATE: Madison Police now…MORE

Inflation Nudges Up; Slightly.

Inflation Nudges Up; Slightly.

WASHINGTON (AP) — Fueled by pricier used cars, hotel rooms and groceries, inflation in the United States moved slightly higher last month in the latest sign that some price pressures remain elevated. Consumer prices rose 2.7% in November from a year earlier, up from a yearly figure of 2.6% in October. Excluding volatile food and…MORE