Headline News from The Associated Press
AP Headline News - Apr 25 2024 13:00 (EDT)
AP News, I'm I up and drawn E. The nation's economy slowed last quarter, AP correspondent Shelley Adler has more. In the final three months of last year, the gross domestic product was 3.4%. The Commerce Department reports that number, which is the economy's total output of goods and services, sank to 1.6% in the first quarter of this year. And Gus Fauche, who's the chief economist at PNC Financial Services Group, says, that's okay. But 6% is close to the economy's long-run potential. It means that the economy is expanding at a solid pace, but not at that very rapid pace we saw in the second half of 2023. As for what these numbers mean to the Federal Reserve? The assumption is that we will see inflation slow over the next three, six months or so, and that should allow for rate cut sometime later this year. I'm Shelley Adler. An arguments before the U.S. Supreme Court, Michael DeBreen, a Justice Department attorney, was asked if any of Donald Trump's alleged actions after losing the 2020 election, spelled out in the Georgia indictment would be permissible under presidential immunity standards. Seeking as a candidate to oust the lawful winner of the election and have one self-certified with private actors is a private scheme to achieve a private end, and many of the co-conspirators alleged in the indictment are private. But for an incumbent president to then use his presidential powers to try to enhance the likelihood that it succeeds makes the crime in our view worse. Aria Longree resigned today as Prime Minister of Haiti, leaving the way clear for new government to be formed in the Caribbean country. At a news conference, Maximo Terreiro, chief economist of the Food and Agriculture Organization, said global hunger is getting worse. We saw a continued increase in trend in the number of people afflicted by a good food insecurity for a fifth consecutive year. This is AP News. Qualified power plants would be forced to capture smokestack emissions or shut down under a rule issued today by the Environmental Protection Agency. With Warren Ukraine at its border, Poland's government wants to be among the country's setting Europe's agenda. Speaking in Parliament, Poland's foreign minister Radik Sikorsky laid out the government's vision for his ambitions for Europe to be a more assertive global power. I'm Karen Chavez. The S&P 500 fell 1.3 per cent early today. The Dow Jones industrial average lost 503 points and the NASDAQ composite fell 2.1 per cent. I'm Haya Pandwani, AP News. What makes for a great vacation depends on who you ask. Are you looking to get away or bring everyone together? Do you want to get outside and play? There's a play at the plate. Fortunately, however you operate, I'm the destination you've been looking for. The name's Missouri, but you can call me Mo. And I have just one question. What's your Mo? Come see me at visitmo.com. Two vests on SUV Familiar. I'm the owner of the S&P 500, and I'm the person who's the best driver of the industry. In terms of keeping Colorado wild past the wind in the weather, I'm the owner of the New York City's financial program. I'm the owner of the city's largest industry in the world. In terms of keeping Colorado wild past, I'm the owner of the history of the city. I'm the owner of the city. Meet Tandem Moby, the impressively small and powerful automated insulin delivery system from Tandem Diabetes Care. The Tandem Moby insulin pump is about the size of an earbuds case, which means it offers wearability like never before. Wear it on body with an adhesive sleeve, clip it to your clothing, or simply slip it into the coin pocket of your pants. Discover a pump designed to fit your lifestyle and do what moves you with Tandem Moby. Learn more at TandemDiabetes.com. An adhesive sleeve sold separately, RX-only, indicated for patients with Type 1 Diabetes, six years and older safety info available at TandemDiabetes.com/safetyinfo. You have to celebrate your wins. We've won the Mint 400, and I celebrated that win for weeks, but then we had to focus and move on. Dustin Jones, championship winning Can Am Off Road Racer. Can Am is the same. The most race wins in all types of terrain with the Maverick X3, but then they focus and move on. The Maverick are 240 horsepower in the first seven-speed dual clutch transmission. This thing's a game changer. We celebrate those wins, but never for too long. The Can Am Maverick X3 and Maverick are. Visit canamoffroad.com.