Headline News from The Associated Press
AP Headline News - Jul 11 2024 21:00 (EDT)
AP News, I'm Ben Thomas, President Biden's been answering questions about his fitness for office. "If I slow down, I can't get the job done. That's a sign that I shouldn't be doing it. But there's no indication of that yet. None." At a news conference wrapping up the NATO summit, Biden was asked what the Allies told him. "I've not had any of my European allies. Companies say Joe don't run, but I hear them say, 'You've got to win. I can't let this guy come forward. He'd be a disaster." A dozen House Democrats have called for Biden to exit the race. At the summit, Ukrainian President Vladimir Zelensky pushed for restrictions to be lifted on Ukraine's use of U.S. weapons to attack military targets inside Russia. "If we want to prevail, if we want to save our country and to defend it, we need to live all the limitations." Economic news, Shelley Adler reports inflation slowing. In a better-than-expected report, consumer prices declined 0.1 percent from May to June after having remained flat the previous month. All good news says Mark Hamrick, who's the senior economic analyst at Bankrate.com. "Whether you look at the headline or the core, excluding food and energy, these numbers came in better than expected, and consumers are obviously anxious to see better news on prices and inflation, and now they're finally getting it." And they may also finally get a break from the Federal Reserve in a couple of months. "Aconymous and other observers are really thinking that September is when we are likely to get the first rate reduction in this cycle." Going back to last year, prices were up 3 percent in June. That's cooler than the 3.3 percent annual rate in May. I'm Shelley Adler. The job market remains sturdy, with fewer Americans filing for unemployment benefits last week. And mortgage rates eased this week. Freddie Mac puts the average on the 30-year, at 6.89 percent. This is AP News. Actor Shelley Duvall has died of complications from diabetes at her home in Texas. That worked from her publicist. She was 75. Margie Zarletta has a look at her life. "Boy, was he a genius? He was beautiful, too. He had hair out to hair." Shelley Duvall did not intend to become an actor, but her life changed when she met filmmaker Robert Altman at a party, and he cast her in Brewster McCloud. "I love me!" "I love you!" Altman loved Duvall so much he cast her in his films Popeye, Nashville, and Three Women. "I met around here that the Donner party got snowballed." Duvall also was known for playing Wendy Torrance in the Shining opposite Jack Nicholson, and for recurring roles in Time Bandits. She later ventured into children's television with tall tales and legends and fairy tale theater. She had retired from acting in the early 2000s, but had accepted small roles in recent years. I'm Margie Zarletta. "He's large!" "Shall we Duvall and Popeye?" "Hi, I'm Ben Thomas, CP News. Thanks for listening." What's next? At Moss Adams, that question inspires us to help people and their businesses strategically define and claim their future. As one of America's leading accounting, consulting, and wealth management firms, our collaborative approach creates solutions for your unique business needs. We leverage industry-focused insights with the collective technical resources of our firm to elevate your performance, uncover opportunity, and move upward at MossAtoms.com. Why wear a seatbelt? The math speaks for itself. You have a one-in-40 chance of being in a crash this year, but wearing a seatbelt reduces your risk of serious harm by 50%. Their rollover crash more than three out of five jets are from those who weren't wearing theirs. Seatbelts save lives, over 370,000 in fact. Most passengers killed in crashes weren't buckled up. Nobody is above the laws of physics. Buckle up and shift in a safe. A message from the Colorado Department of Transportation.