Headline News from The Associated Press
AP Headline News - Jul 11 2024 18:00 (EDT)
- AP News, I'm Ben Thomas. Has provided schedule to hold a rare solo news conference this hour. The expressed purpose to wrap up the NATO summit. But soccer McGony reports it seen as a key test of whether he's capable of serving a second term after his disastrous debate. - The presidents tried to stop the bleeding since that night, unsuccessfully, and Democrat Dick Durban and others are looking for him to again press his case today. - What we saw on that debate night is not typical of what we're gonna see in the future. - Every word and gesture will be parsed, but this president's never quite been a master of rhetorical moments like some predecessors. - With the unbunding determination of our people. - Mr. Gorbachev, tear down this wall. - And the people who knocked these buildings down will hear all of us soon. - While the president does have some big policy successes. - I'm not bad at what I do. - He's had trouble selling them to the public. He told MSNBC this week, average Democrats still back him, even if some elites do not. Sager or McGony, Washington. - At the NATO summit, Ukrainian President Vodmer Zelensky hailed the allies for their war aid and committing to a path to NATO membership. At the same time, however, he emphatically pushed for the help to arrive faster and for restrictions to be lifted on Ukraine's use of US weapons to attack military targets inside Russia. - If we want to win, if we want to prevail, if we want to save our country and to defend it, we need to lift up all the limitations. - Remnants of hurricane barrel have brought heavy rain to Vermont, knocking out ridges, cutting off towns and washing away much of an apartment building. Meantime, Houston's largest utility says about half a million homes and businesses will be without power until next week. And authorities in western states are warning the risk of wildfires is rising amid the heat wave there. This is AP News. The Labor Department provided a fresh read on inflation today. Consumer prices declined 0.1% from May to June. Year over year prices were up 3% last month, cooling from May's rate. How did it play on Wall Street? - I'm Seth Zutel and this is AP Market Support. Most stocks rose after the latest update on inflation. Bolstered Wall Street's hopes that relief on interest rates may come as soon as September. Nearly 80% of the stocks in the S&P climbed on Thursday. Home builders, real estate owners and other stocks that benefit the most from easier interest rates led the way. Slumps for Nvidia, Tesla and other influential stocks masked the underlying strength. That dragged the S&P 500 down 9/10%. The NASDAQ fell 2%. The Dow edged up 32 points. That's about 1/10 of a percent. Bondiels fell sharply after the inflation report came in cooler than expected. The yield on the 10 year treasury note dropped to 4.21% Seth Zutel, New York. - And I'm Ben Thomas, AP News. Thank you 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 focus 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%. In a 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.