Headline News from The Associated Press
AP Headline News - Jul 05 2024 19:00 (EDT)
AP News, I'm Ben Thomas, President Biden made a campaign appearance in Madison, Wisconsin today addressing his dismal debate. "Can't say it's my best performance, but ever since then there's been a lot of speculation what you're going to do, is you're going to stay in the race, and you're going to drop out what you're going to do, and here's my answer, I am running and going to win again." At Donahue Reports, former President Trump denies knowing anything about Project 2025. "Organized by long-time allies and former Trump administration officials, it proposes a massive overhaul of the federal government." Heritage Foundation President Kevin Roberts said on a podcast, "Republicans are in the process of taking this country back, adding, 'We are in the process of the second American revolution, which will remain bloodless if the left allows it to be.'" On his social media site, Trump said he knows nothing about Project 2025 and has no idea who is behind it. Trump also said he disagrees with some of the things they're saying, calling them absolutely ridiculous and abysmal. The 922-page plan outlines a dramatic expansion of presidential power and a plan to fire as many as 50,000 government workers and replace them with Trump loyalists. And Donahue, Washington. The federal reserve is highlighting the importance of its political independence. In its twice yearly report on interest rate policies, it stressed the vital need for the central bank to operate independent of political pressures. The Labor Department reports U.S. employers added a solid 206,000 jobs in June, the unemployment rate ticked up to 4.1 percent. Stocks rallied on the news, the S&P and the NASDAQ closing at new highs, a winning week for both and the Dow. This is AP News. The Vatican has excommunicated a former ambassador to the U.S. Walter Ratlof has details. Archbishop Carlo Maria Vagana was formally outside the church and cannot celebrate or receive its sacraments. It was an inevitable end for the firebrand conservative who became one of Pope Francis's most ardent critics. Schism is one of the gravest crimes in canon law. It occurs when someone withdraws submission to the Pope or from the communion of Catholics who are subject to him. It's considered particularly dangerous to the faith because it threatens the unity of the church which is built on obedience to the Pope. The Vatican's doctrine office imposed the penalty, citing what it called Vagana's refusal to submit to the Pope's authority and the legitimacy of the Second Vatican Council. In recent years, Vagana has endorsed conspiracy theories about coronavirus vaccines, appeared at far-right political rallies in the U.S., backed Russia in its war in Ukraine and refused to recognize Francis as Pope. I'm Walter Ratlof. And I'm Ben Thomas, AP News. Thanks for listening. Selling a little, or a lot, Shopify helps you do your thing, however you cha-ching. 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