Category Archives: 24/7 Newsroom News

Slowdown in US Hiring Suggests Economy Still Needs Rate Cuts, Fed’s Powell Says
Photo by Graeme Jennings-Pool/Getty ImagesWASHINGTON (AP) - Federal Reserve Chair Jerome Powell says that a sharp slowdown in hiring poses a growing risk to the U.S. economy. Powell’s comments T...
Cumulus Media Oct 14, 2025

IMF More Upbeat About US Growth Than Just Months Ago, but Outlook is Dimmer Than Last Year
WASHINGTON (AP) - The U.S. and global economies will grow a bit more this year than previously forecast as the Trump administration's tariffs have so far proved less disruptive than expected, the Inte...
Cumulus Media Oct 14, 2025

GM to Take a $1.6 Billion Hit as Tax Incentives for EV’s Are Slashed and Emission Rules Ease
General Motors will book a negative impact of $1.6 billion in its next quarter after tax incentives for electric vehicles were slashed by the U.S. and rules governing emissions are relaxed. Shares dip...
Cumulus Media Oct 14, 2025

Stellantis Says It Will Invest $13 Billion to Expand Its US Operations, Adding More Than 5,000 Jobs
(Photo by JEFF KOWALSKY / AFP) (Photo by JEFF KOWALSKY/AFP via Getty Images)Stellantis plans to invest $13 billion over the next four years to expand its manufacturing capacity in the United States. T...
Cumulus Media Oct 14, 2025

Meta Removes Ice-Tracking Facebook Page in Chicago at the Request of the Justice Department
Meta has removed a Facebook page used to track the presence of immigration agents at the request of the Department of Justice, the company confirmed on Tuesday. Attorney General Pam Bondi said in a po...
Cumulus Media Oct 14, 2025

31,000 Kaiser Permanente Nurses and Other Health Care Workers Strike for Better Wages and Staffing
SAN FRANCISCO (AP) - An estimated 31,000 Kaiser Permanente health care workers have gone on strike to demand better wages and staffing. The five-day strike began Tuesday and spans 500 medical centers ...
Cumulus Media Oct 14, 2025

As US Wood Tariffs Kick in, Kitchen Cabinet Companies Look for a Silver Lining
NEW YORK (AP) - New tariffs on imported kitchen cabinets, bathroom vanities, and upholstered furniture in the U.S. are expected to impact the home improvement industry. The tariffs took effect early T...
Cumulus Media Oct 14, 2025

Beyond Meat Shares Drop Below $1 on Investor Concerns
Beyond Meat's shares were trading below $1 Tuesday as investors fretted over the company's plans to cut its debt by issuing more shares. It was further bad news for the plant-based meat maker, which h...
Cumulus Media Oct 14, 2025
China Sanctions 5 US Units of South Korean Shipbuilder Hanwha Ocean Over Probe by Washington
HONG KONG (AP) - China has banned dealings by Chinese companies with five subsidiaries of South Korean shipbuilder Hanwha Ocean. The Commerce Ministry announced Tuesday that Beijing also was investiga...
Cumulus Media Oct 14, 2025

Trump Threatens Hamas After Hostage, Prisoner Swaps Between Israel and Hamas
WASHINGTON – (WBAP/KLIF) – In Washington D.C. today, President Trump responded to Hamas releasing 4 of 28 bodies of hostages believed to have died during captivity as pledged during a 72-h...
Cumulus Media Oct 14, 2025






