Category Archives: WBAP 24/7 News

The Far Side of the Moon Once Had Erupting Volcanoes Too

The Far Side of the Moon Once Had Erupting Volcanoes Too

NEW YORK (AP) — New research confirms volcanoes were erupting on the far side of the moon billions of years ago. Researchers analyzed lunar soil brought back by China’s Chang’e-spacecraft and found fragments of volcanic rock that were about 2.8 billion years old. The oldest dated back to 4.2 billion years. Previous studies have suggested…MORE

Retail Sales Up Solidly in October as Americans Showed Continued Willingness to Spend

Retail Sales Up Solidly in October as Americans Showed Continued Willingness to Spend

WASHINGTON (AP) — Americans stepped up their spending at retailers last month in the latest sign that healthy consumer spending is driving the economy’s steady growth. Retail sales rose 0.4% from September to October, a solid increase though less than the previous month’s robust 0.8% gain. A 1.6% jump in sales at auto dealers drove…MORE

Trump Names Interior-Designee Doug Burgum to Head New White House Council on Energy

Trump Names Interior-Designee Doug Burgum to Head New White House Council on Energy

WASHINGTON (AP) — President-elect Donald Trump said Friday that North Dakota Gov. Doug Burgum, Trump’s choice to head the Interior Department, will also head a newly created National Energy Council that will seek to establish U.S. “energy dominance” around the world. Trump said Burgum will oversee a panel that crosses all executive-branch agencies involved in…MORE

Judge Blocks Biden Administration’s Rule to Expand Overtime Pay for Millions

Judge Blocks Biden Administration’s Rule to Expand Overtime Pay for Millions

NEW YORK (AP) — A federal judge in Texas has blocked a new rule from the Biden administration that would have expanded access to overtime pay to millions more salaried workers across the U.S. In a Friday ruling, U.S. District Judge Sean Jordan sided with the state of Texas and a group of business organizations…MORE

Powell Says Fed Will Likely Cut Rates Cautiously Given Persistent Inflation Pressures

Powell Says Fed Will Likely Cut Rates Cautiously Given Persistent Inflation Pressures

WASHINGTON (AP) — Chair Jerome Powell says the Federal Reserve will likely cut its key interest rate slowly and deliberately in the coming months, in part because inflation has shown signs of persistence and the Fed’s officials want to see where it heads next. Powell, speaking in Dallas, said inflation is edging closer to the…MORE

Ben & Jerry’s Lawsuit Accuses Parent Company of Censorship Over Gaza

Ben & Jerry’s Lawsuit Accuses Parent Company of Censorship Over Gaza

Ben & Jerry’s has sued its parent company Unilever accusing it of silencing the ice cream maker from making statements in support of Palestinians in the war in Gaza. The complaint filed Wednesday in federal court in New York says multi-national conglomerate Unilever has failed to adhere to its contractual obligations in merger and settlement…MORE

Republicans Regain Control of the House

Republicans Regain Control of the House

(WBAP/KLIF) — CNN and NBC News both have projected that Republicans will retain control of the House of Representatives, gaining a trifecta of the House, Senate, and Presidency. Earlier on Wednesday, President-elect Trump met with President Biden at the White House, where Biden told Trump he’s looking forward to a “smooth transition” of power in…MORE

Senator John Thune Elected Senate Majority Leader

Senator John Thune Elected Senate Majority Leader

(WBAP/KLIF) — WASHINGTON (AP) — Republicans have elected South Dakota Sen. John Thune as the next Senate majority leader, completing a momentous shift in their leadership that elevates a top deputy of Sen. Mitch McConnell into a key position as President-elect Donald Trump returns to the White House. Thune, who is 63 and in his…MORE