Headline News from The Associated Press
AP Headline News - Feb 28 2024 18:00 (EST)
The Supreme Court says it will design, but the Donald Trump can be prosecuted in his election interference case. Sakamogani has details. Lower courts have rejected Trump's novel claims that former presidents have absolute immunity for actions falling within their official job duties. In appeals panel here in Washington had ruled a federal judge was right to say that the case against Trump can proceed and he can be prosecuted for actions while in the White House and leading up to the Capitol riot. The High Court justices are moving fast, saying they will hear arguments in late April and make a decision no later than the end of June. Sagar Megani Washington. A New York appellate judge has refused to halt collection of Trump's $454 million civil fraud penalty while he appeals. Rejecting a request to post bond covering a fraction of what he owes, the judge did grant some of Trump's requests, including pausing a three-year ban on him seeking loans from New York banks. That could help him secure the necessary bond. Congressional leaders have reached a tentative agreement to prevent a government shutdown. The deal would temporarily extend funding for one set of federal agencies through March 8th, another through March 22nd. President Biden continues to be fit for duty, that from his doctor after an annual physical White House Press Secretary Karine Jumpier was asked if it included a cognitive exam. The president doesn't need a cognitive test, that is not my assessment, that is not my assessment, that is the assessment of the president's doctor, that is also the assessment of the neurologist who has also made that assessment as well. A cluster of wildfires scorching the Texas pain handle, including a blaze that's grown into one of the largest in state history, nearly 800 square miles. Democrats jumped into neighboring Oklahoma, no deaths or injuries reported so far. Meantime, a rare outbreak of February tornadoes across four Great Lakes states. This is AP News. Damian Troy, you see now with the AP Markets Report. Stocks drifted lower on Wall Street Wednesday, weighed down by technology companies. The S&P 500 fell 0.2%, the Dow Jones industrial average slipped to 0.1%, the NASDAQ composite sank 0.5% a day after nearing its record set in 2021. The market regressed as NVIDIA and other big tech stocks pulled back a bit from their dominating run. Treasury yields also eased in the bond market after a report said the U.S. economy likely grew a touch slower at the end of 2023 than earlier estimated. The growth was nevertheless still solid. Bitcoin briefly topped $63,000 for the first time since 2021. Damian Troyese, New York. That growth estimate came from the Commerce Department, the nation's output of goods and services expanding at a 3.2% annual pace from October through December. U.S. growth is now top 2% for six straight quarters. I'm Ben Thomas, AP News. Thanks for listening. Hey there! Did you know King Super's always gives you savings and rewards on top of our lower than low prices? And when you download the King Super's app, you'll enjoy over $500 in savings every week with digital coupons. And don't forget fuel points to help you save up to $1 per gallon at the pump. Want to save even more? With a Boost membership, you'll get double fuel points and free delivery. So shop and save big at King Super's today! King Super's fresh for everyone! Savings may vary by state. Restrictions apply. See site for details. Hello, Saver! Whether you're saving for that trip to the tropics or saving for an emergency, now is the time to take advantage of Wells Fargo's savings options. Wells Fargo offers savings accounts that can help you save towards your goals. So, what are you saving for? Visit a Wells Fargo branch or Wells Fargo dot com slash save to open a savings account today. Wells Fargo Bank, NA member FDIC. Hello Saver! Whether you're saving for that trip to the tropics or saving for an emergency, now is the time to take advantage of Wells Fargo's savings options. Wells Fargo offers savings accounts that can help you save towards your goals. So, what are you saving for? Visit a Wells Fargo branch or Wells Fargo dot com slash save to open a savings account today. Wells Fargo Bank, NA member FDIC. (upbeat music)