Category Archives: 24/7 Newsroom News

Trump Commutes Sentence of Former US Rep. George Santos in Federal Fraud Case

Trump Commutes Sentence of Former US Rep. George Santos in Federal Fraud Case

NEW YORK (AP) — President Donald Trump has commuted the sentence of former U.S. Rep. George Santos, who is serving more than seven years in federal prison after pleading guilty to fraud and identity theft charges. The New York Republican was sentenced in April after admitting last year to deceiving donors and stealing the identities…MORE

US Blocks a Global Fee on Shipping Emissions as International Meeting Ends Without New Regulations

US Blocks a Global Fee on Shipping Emissions as International Meeting Ends Without New Regulations

The U.S. has blocked a global fee on shipping emissions as an international maritime meeting ended Friday without adopting new regulations. The world’s largest maritime nations had been discussing ways to move the shipping industry away from fossil fuels. On Thursday, U.S. President Donald Trump urged countries to vote against the regulations. The International Maritime…MORE

Regional Banks’ Bad Loans Spark Concerns on Wall Street

Regional Banks’ Bad Loans Spark Concerns on Wall Street

NEW YORK (AP) — Wall Street is concerned about the health of the nation’s regional banks, after a few of them wrote off bad loans to commercial customers in the last two weeks. Zions Bank, Western Alliance Bank, and Jefferies disclosed bad investments, causing their stocks to fall sharply this week. On Tuesday, JPMorgan Chase…MORE

Trump Offers US Automakers Additional Relief From His Tariffs

Trump Offers US Automakers Additional Relief From His Tariffs

WASHINGTON (AP) — President Donald Trump is giving domestic automakers some relief from his tariffs. He’s extending a special rebate on auto parts until 2030. Tariffs on those parts had threatened to raise costs for automakers. The exemption was originally supposed to be a short-term bridge to give automakers time to move production lines back…MORE

Gold Prices Topped $4,300 This Week

Gold Prices Topped $4,300 This Week

NEW YORK (AP) — As economic uncertainty deepens, the rush for gold continues — with prices for the precious metal topping $4,300 for the first time this week. The going price for New York spot closed at a record $4,326 per troy ounce on Thursday. Futures also traded as high at more than $4,344 per…MORE

American Express Profits Surge 16% in Q3, Driven by Wealthy Card Members

American Express Profits Surge 16% in Q3, Driven by Wealthy Card Members

NEW YORK (AP) — American Express reports a 16% increase in third-quarter profits, driven by higher card spending, especially among its wealthiest members. On Friday, the company announced earnings of $2.9 billion, up from $2.51 billion a year ago. Earnings per share rose to $4.14, beating analysts’ expectations. AmEx recently refreshed its Platinum Card, adding…MORE

Former National Security Adviser John Bolton Indicted

Former National Security Adviser John Bolton Indicted

(WBAP/KLIF) — AP — Ex-Trump national security adviser John Bolton has been charged in a federal investigation into the potential mishandling of classified information. The investigation burst into public view in August when the FBI searched Bolton’s Maryland home and Washington office for classified records he may have illegally retained. Bolton’s attorney says many of…MORE

Trump threatens Hamas

WASHINGTON – (WBAP/KLIF) – In Washington D.C. , President Trump responded to Hamas releasing 4 of 28 bodies of hostages believed to have died during captivity as pledged during a 72-hour window between cease fire agreement and exchange of Israeli hostages for Palestinian prisoners. If “they dont’ disarm, we will disarm them”, Trump said during…MORE