Headline News from The Associated Press
AP Headline News - May 02 2024 18:00 (EDT)
"AP News, I'm Ben Thomas, an AP tally finds at least 2,000 people have been arrested so far and propelsimian protests on U.S. college campuses," Sagar McGonney reports President Biden weighed in today. President Biden has broken days of silence as police crack down over student protests of the war in Gaza. "Order must prevail." The president says dissent is essential for democracy. "But dissent must never lead a disorder." And while every American can express their views and peacefully protest. "It doesn't mean anything goes. It needs to be done without violence, without destruction, without hate and within the law." The president says the protest have not caused him to rethink his midi's policies, which have included supplying Israel with weapons, and he opposes sending in the National Guard to deal with the protests. Sagar McGonney, Washington. "Karen Chalmers, it's the latest on the Israel-Hamas War." In the past 24 hours, Gaza health officials say the bodies of over 2,000 people killed by Israeli strikes have arrived at hospitals throughout the enclave. Meanwhile, Hamas has said it will send a delegation to Cairo to continue ceasefire talks with Israel. The proposed truce with free hostages held by Hamas in exchange for a halt to the fighting and the delivery of much-needed food, medicine and water into Gaza. Palestinian prisoners aren't also expected to be released as part of the deal. I'm Karen Chavez. At Donald Trump's Hush Money trial, a lawyer who negotiated payments for a porn actor and a Playboy model to stifle stories of sexual encounters with Trump in the run-up to the 2016 election continued his testimony. Keith Davidson acknowledged texting "What have we done?" as he watched results come in, calling it gallows humor. At a bipartisan group of senators are calling for restrictions on the use of facial recognition technology by the Transportation Security Administration, and it's been rolling out in a pilot project at Select Airports. This is AP News. Weekly economic data, the number of Americans filing for unemployment benefits holding steady, mortgage rates on the rise, the average 30-year now 7.22 percent. And Seth Sutel has the AP market's report. "Stocks closed higher on Wall Street and trimmed their losses for the week. The S&P 500 climbed 9/10 percent. That came a day after swinging sharply when the Federal Reserve said it's likely to delay cutting interest rates. The Dow added 322 points, about 9/10 percent. The Nasdaq composite added 1.5 percent. Qualcomm, Carvana, and other companies helped lead the market higher after reporting stronger results for the latest quarter than expected. Treasury yields eased in the bond market following reports on unemployment claims and worker productivity. Next up is the government's monthly job report due out first thing Friday. Others are hoping the report will show that the job market is cooling enough to give the Fed room to cut interest rates. The yield on the 10-year Treasury note fell to 4.59 percent. Seth Sutel, New York. And I'm Ben Thomas, AP News.