Headline News from The Associated Press
AP Headline News - May 06 2024 18:00 (EDT)
AP News, I'm Ben Thomas. Hamas has abruptly accepted an Egyptian Qatari proposal for a ceasefire with Israel. Saqar Magani has details. It's unclear exactly what's in the proposal. Israel says the pitch is far from its essential demands, but it will still send negotiators to keep talking. Here at the White House, National Security spokesman John Kirby says CIA Director Bill Burns is combing through the proposal. He's talking to the Israelis about it. Kirby, though, is not talking about it. I don't know that it gets any more sensitive than right now, and the worst thing that we can do is start speculating about what's in it. Saqar Magani at the White House. For the celebrations at Al-Aqsa Hospital in Deir al-Bala, Israeli leaders have approved a military operation into the southern Gaza city of Rafa, and Israeli forces have been striking targets there. In New York, Columbia University is canceling its university-wide commencement ceremony following weeks of protests over the Israel Hamas war. The judge in Donald Trump's Hush Money trial has fined him another $1,000 for a gag-order violation, and warned him he could go to jail if he keeps it up. Our Michael Sisak's there. New York judge Juan Imershan, in his most explicit warning to date, said that it is clear the legal maximum fine allowed of $1,000 per violation isn't working. The judge said to Trump, "The last thing I want to do is put you in jail." Blood waters in the Houston area are receding, allowing residents to begin returning to their homes and assess damage, Harris County Judge Lena Hidalgo and sound from KTRK. Now, the challenging part, of course, as too many people know, is there waking up today seeing that they need to deal now with recovery? There is a bridge phase that we're in right now. And two U.S. officials tell AP an American soldier has been arrested in Russia accused of stealing. This is AP News. The go broke dates for Medicare and Social Security have been pushed back thanks to an improving economy. Medicare's hospital insurance trust fund pushed back five years to 2036, while Social Security's trust funds are now estimated to be unable to pay full benefits beginning in 2035. Incest to tell has the AP markets report. Stocks added to their gains from last week as technology stocks led the way. The S&P 500 climbed 1% Monday, the Dow rose 176 points, that's about half a percent, and as that composite added 1.2%, and video rose 3.8%, super microcomputer climbed 6.1%. Treasury yields held steady in the bond market following last week's big moves on hopes that rose, after Warren Buffett's company reported its latest quarterly results over the weekend. Disney and Uber will also report their earnings later this week. South Seutel, New York. And I'm Ben Thomas, AP News.