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Fed Cuts Interest Rates for Second Time This Year

Fed Cuts Interest Rates for Second Time This Year

(WBAP/KLIF) — NEW YORK (AP) — U.S. stocks drifted around their records on Wednesday after the Federal Reserve made moves to boost the job market but also warned that more help isn’t guaranteed. The Fed cut interest rates by a quarter-point to between 3.75% to 4%. The S&P 500 slipped 0.2% in late trading. The…

The Mavericks Have Filed a Lawsuit Against the Stars

The Mavericks Have Filed a Lawsuit Against the Stars

(WBAP/KLIF) – DALLAS, TX – The Mavericks believe that the NHL franchise hasn’t done enough to help improve the the American Airlines Center, and that the Stars have neglected maintenance and improvement projects at the arena. The NBA franchise is also claiming that the Stars breached a clause in a 1998 franchise agreement by relocating…

Texas Lawsuit Against Companies Behind Tylenol Asserts Unproven Claims of Autism Risk

Texas Lawsuit Against Companies Behind Tylenol Asserts Unproven Claims of Autism Risk

Texas Attorney General Ken Paxton is accusing the companies behind Tylenol of deceptively marketing the pain reliever to pregnant mothers. The lawsuit asserts unproven claims that early exposure to acetaminophen increases risk of autism and other disorders. Paxton announced the lawsuit against Johnson & Johnson and Kenvue on Tuesday. It alleges that the companies violated…

US Launches Strikes on 4 Alleged Drug-Running Boats in the Eastern Pacific, Killing 14

US Launches Strikes on 4 Alleged Drug-Running Boats in the Eastern Pacific, Killing 14

WASHINGTON (AP) — Defense Secretary Pete Hegseth has announced that the U.S. military carried out strikes in the eastern Pacific Ocean against four boats accused of carrying drugs, killing 14 and leaving one survivor. The strikes were launched Monday and announced on social media Tuesday. It’s the first time multiple strikes have been announced in…

Microsoft Shares Once Again Surpass $4 Trillion Valuation, Joining Nvidia

Microsoft Shares Once Again Surpass $4 Trillion Valuation, Joining Nvidia

Microsoft Corp. once again surpassed $4 trillion in valuation, joining artificial intelligence chipmaker Nvidia in the exclusive club that also briefly included Apple on Tuesday. The sky-high valuations highlight the investor frenzy around artificial intelligence. Earlier in the day, OpenAI said it has reorganized its ownership structure and converted its business into a public benefit…

Category 5 Hurricane Melissa Brings Flooding and Catastrophic Winds to Jamaica

Category 5 Hurricane Melissa Brings Flooding and Catastrophic Winds to Jamaica

KINGSTON, Jamaica (AP) — Hurricane Melissa has hit southwestern Jamaica as a catastrophic Category 5 storm, causing heavy flooding and wind damage. Melissa made landfall Tuesday in southwestern Jamaica with maximum sustained winds of 185 mph. Officials warned of devastating damage and urged residents to seek shelter as the hurricane crossed the island. Melissa’s winds…

Gaza Ceasefire Tested as Israel and Hamas Exchange Fire and Blame

Gaza Ceasefire Tested as Israel and Hamas Exchange Fire and Blame

DEIR AL-BALAH, Gaza Strip (AP) — Israeli Prime Minister Benjamin Netanyahu has ordered the army to carry out “powerful strikes” in Gaza. This decision comes after an Israeli official reported that Hamas fired on Israeli forces in southern Gaza. Hamas has delayed handing over another hostage’s body in response to Israel’s planned strikes. On Monday,…

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