DALLAS (WBAP/KLIF) – The Federal Reserve Wednesday raised interest rates to between 2.25 to 2.5%. That’s their highest mark in the last ten years. President Donald Trump was against the increase. Southern Methodist University Economist Bud Weinstein says he “can’t recall any other president that has been this critical of the Federal Reserve.” Weinstein adds…… MORE
Fed Hikes Key Rate 4th Time in 2018
NEW YORK (AP) – Federal Reserve policymakers expect to hike rates just two times next year, down from a previous expectation of three, a sign the Fed foresees a more cautious approach in 2019. They also forecast one additional rate hike in 2020, the same as an earlier projection. Fed policymakers also took a slightly…… MORE
King Arnold Officially Fills Vacancy on Dallas City Council
DALLAS (WBAP/KLIF) – The Dallas City Council District 4 seat is no longer vacant. Carolyn King Arnold, who has served on the council before, was sworn-in at a special council meeting Wednesday. “We have a wonderful citizen of Dallas who loves Dallas very much and loves District 4,” said Dallas Mayor Mike Rawlings. “She’s a…… MORE
Florida Man Dupes Crowley ISD Out of Almost $2 Million
CROWLEY (WBAP/KLIF News) – A Florida man is accused of duping the Crowley Independent School District out of almost $2 million. The scam involved a wire transfer scheme involving a fake construction company. According to a message posted the the district’s website, Superintendent Mike McFarland said on November 20, officials learned that money indented as payments…… MORE
Richardson Grandmother Earns Her Bachelor’s Degree
Richardson (WBAP/KLIF) – Janet Fein is now a college graduate! She received her degree in sociology Wednesday morning from the University of Texas at Dallas. What makes Fein unique is she is an 84 year old grandmother from Richardson. Fein decided to go back to school because she was bored with the offerings at her…… MORE
Embattled McKinney City Councilman Alleges Efforts to Oust Him Are Racially Motivated
McKinney, TX (WBAP/KLIF) – The McKinney City Council is looking for ways to remove an embattled councilman from office. Months after being censured in connection with his actions during a traffic stop, 31-year old La’Shadion Shemwell now faces a continuous household violence charge. According to an arrest-warrant affidavit, the woman told officers he had assaulted…… MORE
Man Dead After Chase and Shootout With Fort Worth Police
Fort Worth (WBAP/KLIF) – Fort worth police have been busy overnight. Police are currently on the scene of the fatal officer involved shooting of a man who opened fire during a chase and subsequently crash into a tree. Police were alerted to the man by a Florida police agency who said that they were…… MORE
Texas AG, universities face suit over Israel boycott law
DALLAS (AP) — The American Civil Liberties Union of Texas on Tuesday filed a lawsuit over a state law requiring contractors to certify that they do not boycott Israel or Israel-controlled territories, arguing the law forces people to choose between their First Amendment rights and their livelihoods. The ACLU says the law went into effect…… MORE
Frisco City Council to Temporarily Bans Ride-share Scooters
FRISCO (WBAP/KLIF News) — UPDATE: The city of Frisco temporarily bans all shared mobility services until further notice. There will be no time limit on this ban but Mayor Jeff Chaney said city staff will work diligently to come up with better ordinances and plans for this service. At a special meeting Tuesday night, some…… MORE
Frisco Animal Control Catches Coyote Likely Related to Recent Attacks
FRISCO (WBAP/KLIF) – Frisco police have caught a coyote but officers have not yet determined if it is responsible for a series of recent attacks. Frisco police think a coyote animal control removed from the affected area is believed to likely be related to a series of attacks on passersby. A handful of people have…… MORE
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