Category Archives: WBAP 24/7 News

What’s In The US-UK Trade Deal?

What’s In The US-UK Trade Deal?

WASHINGTON (AP) — The Trump administration announced a trade deal with the United Kingdom Thursday in grandiose terms, but with only limited details about what it achieves. The agreement will open up the British market to American beef, ethanol, and other agricultural products. It will also allow British cars and steel better access to the…MORE

More Warning Signs Emerge For US Travel Industry As Summer Nears

More Warning Signs Emerge For US Travel Industry As Summer Nears

Travel technology company Expedia Group says reduced travel demand in the United States led to its weaker-than-expected revenue in the first quarter. The company said on Friday that bookings to the U.S. from Canada were down nearly 30%. Expedia was the latest American company to report slowing business with both international visitors and domestic travelers.…MORE

US And Chinese officials Meet In Geneva To Discuss Tariffs As The World Looks For Signs Of Hope

US And Chinese officials Meet In Geneva To Discuss Tariffs As The World Looks For Signs Of Hope

GENEVA (AP) — The U.S. Treasury Secretary and America’s top trade negotiator will meet with high-ranking Chinese officials in Switzerland this weekend to de-escalate a dispute that threatens to cut off trade between the world’s two biggest economies and damage the global economy. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson will meet in…MORE

Federal Reserve Official Sees Signs Of Slowing Economy But Not Ready To Cut Rates

Federal Reserve Official Sees Signs Of Slowing Economy But Not Ready To Cut Rates

WASHINGTON (AP) — A top Federal Reserve official said Friday that massive uncertainty created by President Donald Trump’s tariffs has caused some businesses to cut back on hiring and spending, threatening to slow the economy, but he added that it’s not yet clear whether the central bank should cut its key interest rate. Tom Barkin,…MORE