Headline News from The Associated Press
AP Headline News - May 13 2024 18:00 (EDT)
AP News, I'm Ben Thomas. Donald Trump's fixer turned foe Michael Cohen directly implicated the former president in a hush money scheme in Trump's criminal trial in New York today at the conclusion of the day's session the former president said this. "I have not come trust to prove you, fraud, or that any fraud has taken place. There's no fraud here. There's no crime here. This is four weeks of keeping me from not getting paid." Trump told jurors Trump approved hefty payouts to stifle stories about sex that the then-presidential candidate feared could be harmful to his 2016 campaign. The UN says nearly half a million Palestinians have been displaced by escalating Israeli military operations in both southern and northern Gaza. At the White House National Security Advisor, Jake Sullivan says Israel needs to focus beyond its military operations to defeat Hamas and on what Gaza will look like after. "We have a painful experience in counterinsurgency campaigns, fighting terrorists in urban environments in populated areas, and we know that it is not as simple as executing a military operation and calling it a day." Ukraine says its forces are locked in intense battles with Russian troops in both chants in the northeast. The governor of the Harkkeve region says only two to three hundred residents remain inside the town. Moscow's renewed offensive there is the most significant border incursion since its invasion began. In Maryland, Cruz conducted a controlled demolition to break down the largest remaining span of the collapsed Francis Scott Key Bridge in Baltimore. Marks a major step in freeing the container ship that crashed into it, it's been stuck amid the wreckage. And in western Canada, fire experts and officials are warning an intense wildfire could reach the town of Fort Nelson in British Columbia this week. Strong winds have been fueling the out of control blaze and are forecast to continue. Thousands have evacuated. This is AP News. How'd Wall Street start the week? "I'm Seth Zutel, and this is the AP Market Support. Stocks drifted to a mixed close on Wall Street, but they're still trading near their record highs. You guys can be 500-edged down by less than one-tenth of a percent Monday. The benchmark index is just slightly below the record high it's set in March. The Dow slipped 81 points, it's about two-tenths of a percent. But as that composite rose, three-tenths of a percent. Stocks have been doing relatively well this month, that's partly because of revived hopes that inflation will ease enough to convince the Federal Reserve to cut interest rates this year. A key test for those hosts will arrive on Wednesday, that's when the government releases its latest report on inflation. Video game seller GameStop soared to one of the market's biggest gains, that move was reminiscent of the meme stock craze from a few years ago. Seth Zutel, New York. Thank you Seth, and I'm Ben Thomas, AP News. Thank you for listening. An official message for Medicare. A new law is helping me save more money on prescription drug costs. Maybe you can save too. With Medicare's extra help program, my premium is zero and my out-of-pocket costs are low. Who should apply? Single people making less than $23,000 a year, or married couples who make less than $31,000 a year. Even if you don't think you qualify, it pays to find out. Go to ssa.gov/extrahelp. Paid for by the U.S. Department of Health and Human Services. So the quarterly projections are in the red area there, and these numbers, I guess, should be higher. This doesn't make any sense. Wait, you're not even our finance director, who are you? Oh, I'm the delivery driver, anyone over the noodle bowl? We need a receptionist. 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