Headline News from The Associated Press
AP Headline News - Jul 05 2024 13:00 (EDT)
AP News, I'm Ed Donahue. There were some signs of weakness, but overall, the June Jobs Report from the Labor Department was strong. 206,000 jobs were added, slightly less than in May. The unemployment rate rose slightly. P&C Financial Economist Gush Voshay says it's too early for the Federal Reserve to start cutting interest rates. "We did get some better inflation numbers for May, but they want to see a few months of better inflation numbers. That being said, I expect we will get those and we will see the Fed start to cut the Fed funds rate towards the end of this year, with more than one interest rate cut in 2024." Voshay says this is the type of report the Fed wants to see. On Wall Street, stocks are mixed, the Dow is lower. On the subject of jobs, there is a new job in Britain for Keir Starmer. "I have just returned from Buckingham Palace, where I accepted an invitation from his majesty, the king, to form the next government of this great nation." Starmer led Britain's Labor Party to a landslide election victory. President Biden will be interviewed today by ABC's George Stephanopoulos as questions remain over whether he should step aside, following his debate performance last week in Atlanta, last night at the White House. "You got me, man. I'm not going anywhere. All right." There are signs key groups are already staking out positions on who should succeed Joe Biden as the Democratic nominee. Hurricane Barrela slammed it to Mexico's Yucatan Peninsula near the resort town of Toulan as a Category 2 storm after leaving a trail of destruction in the Caribbean at least 11 people are dead. Kansas' highest court struck down state laws today, regulating abortion providers more strictly than other health care professionals, and a ban on a common second trimester procedure. It suggests other restrictions in Kansas could fall. This is AP News. A judge says a Nashville school shooter's writings cannot be made public. "A chance to record judge has ruled that the writings of the person who killed three nine-year-olds and three adults at a private Christian elementary school in Nashville last year cannot be released to the public." The judge said that the Covenant's school children and parents hold the copyright to any writings or other works created by the shooter, who was Audrey Hale, a former student who was killed by police. Hale's parents inherited the works and then transferred ownership to the families. The ruling comes more than a year after several groups filed public records requests for documents seized by Metro Nashville Police during their investigation into the March 2023 shootings. I'm Shelley Atler. "Three people were killed when a pickup truck drove into a group celebrating the 4th of July and New York City charges against the driver are pending." I'm Ed Dottahue, AP News. As a proud military-friendly school, National University can help you find your calling. With more than 190 degrees, certificates, and credentials to choose from, and support for military spouses like you, it's no surprise that 25 percent of NU students are service members, veterans, spouses, and dependents. Earning a degree is a commitment, but at NU, you're never alone. Our dedicated military support teams and advisors are with you every step of the way. Learn more at nu.edu. 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. When you need mealtime inspiration, it's worth shopping king supers, where you'll find over 30,000 mouth-watering choices that excite your inner foodie. And no matter what tasty choice you make, you'll enjoy our everyday low prices, plus extra ways to save, like digital coupons worth over $600 each week. You can also save up to $1 off per gallon at the pump with fuel points. More savings and more inspiring flavors make shopping king supers worth it every time. King supers, fresh for everyone, fuel restrictions apply.