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Headline News from The Associated Press

AP Headline News - May 30 2024 18:00 (EDT)

Duration:
3m
Broadcast on:
30 May 2024
Audio Format:
mp3

AP news, I'm Ham and Johnny. The jury and Donald Trump's criminal hush money trial has found the former president guilty of all felony counts against him. AP correspondent Ed Donahue reports. Former President Donald Trump has been found guilty of all 34 charges against him in his New York hush money trial. It makes Trump the first former U.S. president convicted of felony crimes. The reaction outside court took the jury only two days to reach the verdicts for falsifying business records in a scheme to illegally influence the 2016 election through hush money payments. There is the possibility Trump could face prison time as he is trying to return to the White House. We'll keep fighting. We'll fight till the end and we'll win because our country has gone to hell. We don't have the same country anymore. We haven't divided mess. The falsifying business records charges carry up to four years behind bars, but prosecutors have not said whether they intend to push for prison time. This is long from offer. Thank you very much. I'm Ed Donahue. Judge Juan Roshan has set Donald Trump's sentencing for July 11th. It's just days before Republicans are set to select him as their 2024 nominee. Trump spoke to reporters while exiting. This was a disgrace. This was a rigged trial by a conflicted judge who was corrupt. There's a rigged trial in disgrace. It wouldn't give us a venue change. This was a rigged disgraceful trial that the real verdict is going to be November 5th by the people. Trump also mentioned that he'll keep fighting. I think it's just a disgrace and we'll keep fighting. We'll fight till the end and we'll win because our country has gone to hell. We don't have the same country anymore. We haven't divided mess. We're nation and decline. Serious decline. This is AP News. U.S. and Britain strike Houthi targets in Yemen in the fifth combined operation since January against Iran-backed group. Wall Street's late May swoon continues. Major indexes closed lower on Wall Street because of sharp drops in several influential technology giants. The declines came even though most stocks in the market rose. The S&P 500 fell 6/10% Thursday. The Dow lost 330 points, it's about 9/10% and as that composite gave back 1.1%. Salesforce lost nearly a fifth of its value. The business software maker reported weaker revenue for the latest quarter than analysts had expected. NVIDIA finally ran out of momentum following its blowout profit report last week. The company, whose chips are used to power many AI applications, fell 3.8%. Treasury owes ease in the bond market following weaker than expected reports on the job market and the overall economy. The yield on the 10-year Treasury note fell to 4.55%. Seth Sutil, New York. I'm Haya Pinchwani, AP News. These days, work is in trouble. We've outsourced most of our manufacturing to other countries. And with that, we sent away good jobs and our capability to make things. American Giant is a clothing company that's pushing back against this tide. They make all kinds of high-quality clothing and active wear. They make sweatshirts, jeans, dresses, jackets, and so much more right here in the USA. So when you buy American Giant, you create jobs in towns and cities across the country and jobs bring pride, purpose. They stitch people together. If all that sounds good to you, visit american-giant.com and get 20% off your first order when you use code Staple20 at checkout. That's 20% off your first order at american-giant.com with promo code Staple20.