NEW YORK (AP) — While prices for most goods have been falling throughout the year, inflation for a wide range of services remains high. That’s straining consumers eating out, servicing their cars and paying for various kinds of insurance. Prices for services rose 3.7% in September from a year ago, according to the personal consumption…… MORE
Slightly More Americans Apply for Unemployment Benefits Last Week, but Layoffs Remain at Low Levels
The number of Americans applying for jobless aid ticked up last week but layoffs remain at historically low levels. The Labor Department reported Thursday that jobless claim applications rose by 3,000 to 221,000 for the week of Nov. 2. That’s fewer than the 227,000 analysts forecast. The four-week average of weekly claims, which softens some…… MORE
Average Rate on a 30-year Mortgage in the Us Rises for 6th Straight Week
The average rate on a 30-year mortgage in the U.S. rose for the sixth straight week, returning to its highest level since early July. Mortgage buyer Freddie Mac said Thursday that the rate ticked up to 6.79% from 6.72% last week. That’s still down from a year ago, when the rate averaged 7.5%. When mortgage…… MORE
President-Elect Trump Picks Susie Wiles as White House Chief of Staff
DALLAS = (WBAP/KLIF) – President elect Donald Trump taps his campaign senior adviser Susie Wiles as White House Chief of Staff Wiles is a veteran of Florida politics, and directed Trump’s campaign to victory in the state in 2016. She also helped Ron DeSantis’ 20 18 campaign for Florida governor, before a falling out that…… MORE
Fed Cuts Interest Rate Again
DALLAS – (WBAP/KLIF) – In a unanimous vote, the Federal Open Market Committee has lowered its benchmark overnight borrowing rate by a quarter percentage point, to a target range of 4.50%-4.75%.The Fed justifies easing the rate as it supports employment as as much of a priority as stopping inflation. This rate sets what banks charge…… MORE
DFW’s Morning News-SPCA Pet of the Week-Mutters
Meet Mutters, our SPCA of Texas Pet of the Week.… MORE
Search Intensifies for Wylie Woman Who Vanished Sunday Night
WYLIE (WBAP/KLIF News ) – The search for a Wylie woman who vanished is intensifying. 46-year-old Melonie Ballenger has not been seen since Sunday night. Investigators said at 6:35 a.m. Monday, officers responded to a call from her husband who had reported her missing. He told officers his wife was last seen at their home…… MORE
City of Richardson Issues Boil Water Notice Prompting Closure of 5 Schools Thursday
RICHARDSON (WBAP/KLIF News ) – The City of Richardson issued a boil water notice for customers located in the southwest portion. In a Wednesday news release, officials blamed the issue on an equipment malfunction that caused a part of the city’s 767 water zone to experience a drop in pressure. That issue was not detected…… MORE
Dallas Voters Approve Proposition to Decriminalize Marijuana
DALLAS (WBAP/KLIF News ) – Dallas voters overwhelmingly approved a proposition that would decriminalize small amounts of marijuana. However, its recreational use is still illegal in Texas. Proposition “R” or the “Dallas Freedom Act” is a petition-driven amendment and was spearheaded by Ground Game Texas and was met with fierce support as well as backlash.…… MORE
Former President Donald Trump Wins Second Term, AP Projects
WASHINGTON (AP) — Donald Trump was elected the 47th president of the United States on Wednesday, an extraordinary comeback for a former president who refused to accept defeat four years ago, sparked a violent insurrection at the U.S. Capitol, was convicted of felony charges and survived two assassination attempts. With a win in Wisconsin, Trump…… MORE
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