May 06 Powerful blast at Havana hotel kills at least 22 By Andrea Rodriguez, Associated Press Dr. Julio Guerra Izquierdo, chief of hospital services at the Ministry of Health, told reporters that at least 74 people had been injured. Among them were 14 children. Continue reading
May 06 Watch 3:24 News Wrap: April jobs report shows hiring still strong despite inflation In our news wrap Friday, April's jobs report shows the U.S. gained 428,000 net jobs despite inflation, supply shortages and rising interest rates. Also, Republican Rep. Marjorie Taylor Greene will be allowed to seek reelection, the Irish nationalist party Sinn… Continue watching
May 06 Pelosi says U.S. House will set staff minimum annual pay at $45,000, By Kevin Freking, Associated Press Speaker Nancy Pelosi is addressing concerns about the working conditions for some Capitol Hill aides. She's announced a $45,000 minimum yearly salary for House staffers. Continue reading
May 06 U.S. job market extends hiring streak with 428,000 jobs in April despite surging inflation By Paul Wiseman, Associated Press America's employers added 428,000 jobs in April, extending a streak of solid hiring that has defied punishing inflation, chronic supply shortages, the Russian war against Ukraine and much higher borrowing costs. Continue reading
May 05 Watch 4:06 Stocks plummet in worst day since 2020 as economic forecast darkens The stock market had its worst day since 2020 on Thursday, just one day after the Dow Jones Industrial Index average posted its best day in years. Washington Post columnist Catherine Rampell joins Judy Woodruff to discuss. Continue watching
May 05 Watch 3:38 News Wrap: 3 people killed near Tel Aviv as Israeli police search for attackers In our news wrap Thursday, three people were stabbed to death near Tel Aviv as Israeli police search for for a pair of suspected Palestinian attackers. Also, President Biden named Karine Jean-Pierre as his White House press secretary, dust storms… Continue watching
May 05 Boards of U.S. companies are still disproportionately white, despite greater overall diversity By Stan Choe, Associated Press Following a pressure campaign from outsiders, more companies are disclosing the racial breakdowns of their boards of directors. Continue reading
May 05 Stocks slump 3 percent as worries grow over higher interest rates By Damian J. Troise, Alex Veiga, Associated Press Stocks are slumping on Wall Street, erasing a rally from a day earlier, as markets assess the looming fallout from the Federal Reserve's stepped-up fight against inflation. Continue reading
May 04 Watch 4:26 Federal Reserve implements largest interest rate hike since 2000 By Paul Solman, Courtney Norris, Ryan Connelly Holmes, Dorothy Hastings The Federal Reserve raised interest rates again Wednesday in an effort to stamp down surging inflation. It increased rates by a half-percentage point, a move that will affect the pocketbooks of millions of Americans. Fed Chair Jerome Powell said more… Continue watching
May 04 How higher Federal Reserve rates stand to affect Americans’ finances By Christopher Rugaber, Associated Press Economists foresee the fastest pace of rate increases since 1989. The result could be much higher borrowing costs for households well into the future as the Fed fights the most painfully high inflation in four decades. Continue reading