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Stocks end rocky week with their 5th straight weekly decline

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NEW YORK -- A turbulent week on Wall Street ended Friday with more losses and the   stock market 's fifth straight weekly decline. The latest pullback came as investors balanced a strong U.S. jobs report against worries the Federal Reserve may cause a recession in its drive to halt inflation. The S&P 500 ended with a loss of 0.6%, having come back partway from a bigger loss of 1.9%. Roughly 70% of the companies in the benchmark index fell. Technology stocks weighed down the index the most. The Dow Jones Industrial Average fell 0.3%, while the Nasdaq slid 1.4%. Both indexes also pared some of their losses from earlier in the day. Investors focused on new data Friday showing U.S. employers continue to hire rapidly, and workers are getting relatively big raises, though short of inflation. The market's reaction reflects concerns among investors that the strong numbers would keep the Fed on track for sharp and steady increases in interest rates to corral inflation, analysts said...
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22 dead in apparent gas explosion at hotel in Cuba

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At least 22 people are dead, including one minor, from an explosion at a hotel in Havana, Cuba, apparently caused by a gas leak, officials said. Cuban President Miguel Diaz-Canel was at the scene of the Saratoga Hotel in Havana with other officials. Search and rescue work continues to see if people are trapped, according to Luis Antonio Torres Iribar, first secretary of the Party in Havana. The president's office said Friday evening that 64 people hospitalized, including 14 minors. "It wasn't a bomb or an attack, it's an unfortunate accident," Diaz-Canel said, in Spanish, of the explosion. The hotel, a popular tourist destination in the capital city, had been closed for two years due to the  COVID-19 pandemic , according to  its Facebook page . It was currently working to get ready to reopen on May 10. The five-story building is located in the Old Havana neighborhood and was remodeled as a hotel in the 1930s. It is located just across the street from Cuba's Na...
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Elizabeth Warren talks to 'The View' about the repercussions of ending Roe v. Wade

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Sen. Elizabeth Warren, D-Mass., joined "The View" Friday to reiterate what she says will be the devastating effects on women's health if Roe v. Wade is overturned. Since the  leak of Justice Samuel Alito's draft opinion  that would repeal Roe v. Wade was released Monday, Warren has been vocal about her opposition to the court and Republican leaders who have been pushing laws in states to ban legal abortion. Warren told "The View" that if the Supreme Court moves forward with the decision, it will be hardest on women who can't afford to travel to locations that permit abortion, including those living in poverty and minorities. MORE: Chief Justice Roberts responds to leaked Supreme Court draft opinion "Who is this going to fall on? This is going to fall on the most vulnerable women in the country," the senator told the View. In the leaked draft regarding the Supreme Court’s case on Mississippi’s 15-week abortion ban, Alito contended the Constituti...
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Judge rules GOP Rep. Marjorie Taylor Greene can stay on ballot

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An administrative law judge in Georgia on Friday ruled that GOP Rep. Marjorie Taylor Greene can stay on the ballot for the state's 14th Congressional District following a challenge to her reelection candidacy. A group of Georgia voters had argued that Greene was not eligible to run for reelection under the "disqualification clause" of the Fourteenth Amendment due to her alleged support for the Jan. 6 attack on the Capitol. In his 19-page opinion, Judge Charles Beaudrot said that the burden of proof is on the challengers and that they "failed to prove their case by a preponderance of the evidence." Beaudrot also said that the evidence in the case was insufficient to establish that Greene "engaged in insurrection or rebellion against the same, or [gave] aid or comfort to the enemies thereof under the 14th Amendment to the Constitution." The judge's ruling allowing Greene to stay on the ballot for the state's May 24 primary was reaffirmed shortly ...
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