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Tough U.S. jobs report shows Biden’s rocky road to full economic recovery

Business · 11:11 PM UTC

President Joe Biden reacted on Friday to a disappointing April jobs report by saying the U.S. economy has a "long way to go" before recovering from its pandemic slump, and he urged Washington to do more to help the American people.

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Talking Points

India

IndiaGandhi warns 'explosive' COVID wave threatens India and the world
IndiaSurging India virus cases may derail recovery but ratings outlook stable-S&P
IndiaBritain labels coronavirus "variant of concern" linked to travel from India
IndiaIndian shares set for strong weekly gains, metal stocks surge

Business

BusinessAnalysis: Fund managers see value, cyclical stocks running further despite slow U.S. jobs recovery
BusinessU.S. hiring takes big step back as businesses scramble for workers, raw materials
BusinessAnalysis: Cryptocurrency ethereum is flourishing but risks linger
BusinessAuto sector urges U.S. Congress to help fund its computer chip needs

United States

United StatesFour ex-cops indicted on U.S. civil rights charges in George Floyd killing
United StatesTexas is latest U.S. state to advance Republican-backed voting limits
United StatesU.S. President Biden says he is confident he can meet Russia's Putin soon
United StatesAfter shock U.S. jobs data, Republicans and Democrats spar over benefits

Americas

AmericasBrazil judge sees signs of ‘arbitrary execution’ in Rio police raid
AmericasHow confusion around Biden policies birthed a new refugee camp on the U.S. border
AmericasMexico's America Movil says loses tribunal ruling against Colombia

America Movil on Friday said the World Bank's International Centre for Settlement of Investor Disputes (ICSID) tribunal has ruled against the company in its dispute with Colombia and ordered it to pay $2.2 million to cover the costs of the case.

AmericasTrees, visas and graft feature in Harris migration call with Mexico

Health & Pharmaceuticals

Health & PharmaceuticalsCDC says U.S.-bound air travelers can use some self-administered COVID-19 tests
Health & PharmaceuticalsEU calls on U.S. and others to exports their vaccines
Health & PharmaceuticalsAstraZeneca weighs seeking full, not emergency, U.S. approval for COVID-19 shot - WSJ
Health & PharmaceuticalsHow the U.S. locked up vaccine materials other nations urgently need

Energy

EnergyUnion offered Exxon 6-yr deal with no raise first year -sources
EnergyCarbon emissions drop across Europe in 2020 - Eurostat
EnergyU.S. stops Trump-era effort to loosen safety rules for Arctic drilling
EnergyOil notches second weekly gain despite India virus surge

Sustainable Business

Sustainable BusinessTop U.S. fund leader wants voluntary climate disclosure rules
Sustainable BusinessU.S. stops Trump-era effort to loosen safety rules for Arctic drilling
Sustainable BusinessCarbon emissions drop across Europe in 2020 - Eurostat
Sustainable BusinessMilitary coup puts Telenor's future in Myanmar on the line

Lifestyle

LifestyleOrdering takeout? Try a live concert at home
Lifestyle‘SNL’ host Elon Musk takes a Saturday off from Tesla’s troubles
Lifestyle101 carat diamond to be auctioned in Geneva jewellery sale
LifestyleS.Africa losing cultural landmarks like Apartheid Museum to COVID