Moody’s Has Downgraded the Economic Outlook for Dallas

(WBAP/KLIF) – Moody’s Investors Services has downgraded the economic outlook for Dallas from stable to negative after voters approved Proposition U. While the rating agency affirmed Dallas’ A-1 rating for its general obligation budget, the negative outlook could cause the city’s credit rating to go down over the next two years. A downgraded credit rating…MORE

Property Taxes Are Going Up Nationwide

(WBAP/KLIF) – A new study finds that property taxes have gone up in nearly every major city in the country, and the Dallas/Fort Worth Metroplex is no exception. The real estate company, Redfin recently issued a new report listing the top ten median property tax rates from 2019 to today. Homeowners in Dallas are paying…MORE

Shipping is Getting More Expensive With the USPS

(WBAP/KLIF) – The United States Postal Service is increasing their prices for shipping. A 3.2% increase for priority mail service, and a nearly 4% hike for USPS ground advantage is expected. The announcement comes after the postal service reported its financial results for the 2024 fiscal year, with net loss 9.5 billion dollars. The price…MORE

Barnes and Noble is Expanding

(WBAP/KLIF) – Despite an overall decline in brick-and-mortar stores nationwide, Barnes and Noble is opening over 60 new stores. Analysts say that since Barnes and Noble revamped their business model, the bookseller has been able to complete with online shopping and stay relevant. Barnes and Noble now prioritizes customer preferences in each market instead of…MORE

Mavericks’ Luka Doncic Sidelined With Bruised Right Knee and Will Miss Game Versus Thunder

OKLAHOMA CITY (AP) — Dallas Mavericks guard Luka Doncic will miss Sunday night’s game against the Oklahoma City Thunder due to a bruised right knee. Mavericks coach Jason Kidd would not say how long Doncic would be out. Doncic is averaging 28.2 points, 7.8 rebounds and 7.8 assists. He played a season-low 28 minutes on…MORE

An Israeli Strike in Beirut Kills Hezbollah’s Spokesman, While a Strike in Gaza Kills at Least 30

BEIRUT (AP) — A rare Israeli strike in central Beirut has killed the chief spokesman for the Hezbollah militant group. It was the latest in targeted killings of senior Hezbollah officials. Another strike hit central Beirut on Sunday night, and Lebanon’s Health Ministry says two people were killed. The strikes occurred as Lebanese officials considered…MORE

Biden for the First Time Oks Ukraine’s Use of US-Supplied Long-Range Missiles in Russia

MANAUS, Brazil (AP) — President Joe Biden has for the first time authorized the use of U.S.-supplied long-range missiles by Ukraine to strike inside Russia. That’s according according to one U.S. official and three people familiar with the matter. The decision is a major U.S. policy shift and comes as Biden is about to leave…MORE

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