US stocks rise despite weak jobs report
CNN
Bad economic news was once again greeted with cheers on Wall Street. Investors brushed off Friday's surprisingly weak jobs report, which showed far fewer jobs were added last month than expected.
The Dow and the S&P 500 both rose to new all-time highs Friday morning, and the Nasdaq soared nearly 1.5% as big tech stocks bounced after a recent stretch lagging the broader market. The jobs report also showed that the unemployment rate ticked up and wages surged. The jump in worker paychecks may not seem like a bad thing, but it tends to set off alarm bells about inflation. And many economists are worried inflation is due to come roaring back because of all the stimulus from Washington.
Virginia on Friday became the latest state to escalate the nationwide redistricting battle ahead of November’s midterm elections that will determine which party controls the US House during the final two years of President Donald Trump’s time in office.
CIA Director John Ratcliffe met with Venezuela’s acting president Delcy Rodríguez in Caracas on Thursday, according to a US official.
Minneapolis police killing of George Floyd more than five years ago continues to cast a long shadow over the Twin Cities and has colored the response to last week’s killing of Renee Good by an ICE agent.
Public opinion on nearly every aspect of President Donald Trump’s first year back in the White House is negative, a new CNN poll conducted by SSRS finds, with a majority of Americans saying Trump is focused on the wrong priorities and doing too little to address cost of living.
Jacob Frey delivered a stern message one week ago to federal agents following the deadly shooting of a Minnesota woman who was protesting their efforts to round up immigrants in the state. “Get the f**k out of Minneapolis,” Frey said.
Tensions flared in Minneapolis again Thursday in the wake of a second shooting by a federal immigration officer in just one week, as President Donald Trump threatened to invoke a centuries-old law that would allow the deployment of US troops to Minnesota.
When Venezuela’s opposition leader María Corina Machado walked into the White House on Thursday, she came bearing the gift US President Donald Trump has long coveted: a Nobel Peace Prize.
Dolls, pencils, backyard chickens and ‘a piece of broccoli’: The Trump team’s awkward austerity talk
Amid the European debt crisis in the early 2010s, a Fox News pundit named Donald Trump warned about a backlash against leaders asking people to tighten their belts.
The longtime government contractor whose activity prompted the controversial search of a Washington Post reporter’s home acknowledged he mishandled classified information, prosecutors said, according to a court hearing transcript obtained by CNN.
President Donald Trump has been threatening to invoke the Insurrection Act for a very long time. Dating back to his first term, he has repeatedly floated the rarely invoked law, which gives a president extraordinary powers to dispatch the military to put down domestic unrest.
Haitian security forces on Wednesday bombed three houses belonging to top gang leader Jimmy “Barbecue” Cherizier, local outlet Gazette Haiti reported on Wednesday, after unverified footage showed a large explosion in the capital Port-au-Prince.
Depending on how the department chooses to implement the change, costs could range from $10 million to $125 million, the CBO said in a letter to two Democratic senators.
Tensions flare in Minneapolis after federal agent shoots and injures man who allegedly assaulted him
Law enforcement and demonstrators clashed last night near where a federal agent shot and injured a man after he allegedly assaulted the agent. The city is reeling over last week’s fatal shooting by an ICE agent of Renee Good sparked nationwide protests. Follow for live news updates.