Headline News from The Associated Press
AP Headline News - Apr 25 2024 18:00 (EDT)
(intense music) - AP News, I'm Ben Thomas. The Supreme Court's heard arguments over whether Donald Trump is immune from prosecution in the federal election interference case, Jackie Quinn has a recap. - The hearing ran over two hours, starting with an attorney for Donald Trump. - The framers of our constitution viewed an energetic executive as essential to securing liberty. - And D. John Sauer argues the fear of prosecution would hinder that. - That looming threat will distort the president's decision-making. - Justice Elena Kagan giving a hypothetical about a president ordering a military coup. - You're saying that's an official act. - I think it would depend on him. - But Trump appointee, Justice Brett Kavanaugh, says the question is when immunity can apply. - The president is subject to prosecution for all personal acts, just like every other American for personal acts. The question is, acts taking an official capacity. The case could be sent back to the lower courts, which could delay a decision until after the November election. I'm Jackie Quinn. - Trump was in court in Manhattan where David Packard, the former publisher of the National Inquirer, testified for a third day. Meantime, New York's highest court overturned movie mogul Harvey Weinstein's 2020 rape conviction in order to new trial, former federal prosecutor David Weinstein. - The thrust of their opinion was that they believed that the DA, by introducing evidence of uncharged conduct, subverted the thrust of what the case should be about. And that was, is Harvey Weinstein guilty of the specific crimes that were charged? - Atop Hamas official has told AP the group will agree to a five year truce with Israel, lay down its weapons and convert to a political party, if an independent Palestinian state is established, along pre-1967 borders. Meantime Israeli airstrikes at the southern Gaza city of Rafa, killing at least five. This is AP News. Weekly economic data applications for unemployment benefits fell again last week, while mortgage rates climbed for a fourth straight week, the average 30 year now 7.17%. And Seth Sutel has the AP markets report. - Stocks closed lower on Wall Street on worries about a potentially toxic cocktail for financial markets, when where inflation remains stubbornly high, but the economy's growth flags, a sharp drop for meta platforms, one of Wall Street's most influential stocks, also dragged the market lower. The S&P 500 fell half percent Thursday, after pairing an earlier drop of 1.6%. The DA lost 375 points, that's about 1%. The NASDAQ composite gave back 6/10%. Treasury yields climbed in the bond market, after the government reported that inflation remained hotter than forecast during the first three months of the year. Economies growth also slowed more than expected. The yield on the 10 year Treasury note rose to 4.71%. Seth Sutel, New York. - And I'm Ben Thomas, AP News. Thanks for listening. (speaking in foreign language) (speaking in foreign language) (speaking in foreign language) (speaking in foreign language) (speaking in foreign language) (speaking in foreign language) (speaking in foreign language) (speaking in foreign language)