US adds 263000 jobs in April as wage gains steady
U S employers added 263000 jobs in April signaling continued solid growth. Unemployment fell to 3.6 percent while average hourly pay rose 3.2 percent year over year. Fed watch stays cautious though. inflation remains tame and rate hikes paused. Dow rose about 0.5 percent on the news as investors welcomed the stronger labor market.
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Dems threaten Barr anew with contempt over report
The House Judiciary Committee warned Attorney General William Barr it will pursue contempt of Congress if he does not meet a Monday deadline to produce Robert Mueller's full, unredacted Russia probe report and related materials. Nadler narrowed the scope to materials directly cited, and urged court involvement for grand jury items. Senate chair Graham floated Mueller testimony on Barr’s handling of his findings.
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Ohio judges strike down map as partisan gerrymander
A federal panel ruled Ohio's congressional districts unconstitutional as drawn by Republicans to favor them, ordering a new map for 2020. The decision could boost Democrats by creating more favorable boundaries and turnout, while Republicans vow an appeal amid broader gerrymandering cases at the Supreme Court.
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