Tuesday, May 24, 2022

News wrap: April jobs report shows hiring still strong despite inflation

The jobs were too few to improve the mood on Wall Street. And after sliding further, the Dow Jones Industrial Average ended – down another 98 points to close below 32900. The Nasdaq fell 173 points. That is, about 1.5 percent. The S&P 500 was down 23. The Nasdaq and S&P have fallen for five consecutive weeks, the most in more than 10 years.

Republican Congressman Marjorie Taylor Greene will be allowed to run for re-election in Georgia. A state judge today rejected a bid to disqualify him on grounds that he played a key role in the January 6 riots at the US Capitol. The Georgia Secretary of State then accepted the finding.

In the Middle East, Israeli security launched a massive search operation near Tel Aviv last night for two Palestinians suspected of killing three Israelis and injuring four. Witnesses and emergency personnel said the attackers used axes. Hundreds of people gathered today at the funeral of two of the victims.

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The attack was part of the worst wave of violence inside Israel in years.

The Irish nationalist party Sinn Féin is set to win elections for a new assembly in Northern Ireland tonight. It is the former political wing of the Irish Republican Army, and its victory in today’s vote would end years of pro-British Protestant supremacy. Sinn Féin is in favor of a reunion with Ireland, but the prospect of any such move is years away.

And in this country, just before Mother’s Day, the US Census Bureau reports that the average age of women giving birth has risen to 30, the highest on record. That’s because birth rates for women in their 20s have declined over the past three decades. At the same time, rates have risen for those in their late 30s and early 40s.

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Still to come on “newshour”: Hillary Clinton speaks on expected Supreme Court decision to overturn Roe v. Wade; We examine the history of abortion rights and access in the United States; David Brooks and Karen Tumultee reflect on the political news of the week; and many more.

Nation World News Desk
Nation World News Deskhttps://nationworldnews.com
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