Stocks edge higher...Solid job gain expected...Eurozone inflation up
SINGAPORE (AP) — Global markets made modest gains on Friday as traders awaited cues from the release of U.S. jobs data. Futures point to opening gains on Wall Street. Benchmark U.S. crude oil fell to just above $61.50 per barrel. The dollar slipped against the yen and gained against the euro.
WASHINGTON (AP) — U.S. employers are expected to have delivered a solid month of job growth in April, buoyed by a resilient economy that has confounded concerns that 2019 would begin with a slowdown. Economists have forecast that employers added 181,000 jobs in April and that the unemployment rate stayed at a low 3.8%, according to data provider FactSet. It would follow a 196,000 job gain in March.
FRANKFURT, Germany (AP) — Inflation rose in April in the 19-country eurozone, at first glance an encouraging sign for the European Central Bank in its struggle to sustainably raise prices. The European Union’s statistics agency Eurostat said Friday that annual inflation rose to 1.7% in April from 1.4% in March. Core inflation, which excludes volatile items like food and fuel, jumped to 1.2% from 0.8%.
SAN FRANCISCO (AP) — After years of pressure to crack down on hate and bigotry, Facebook has banned Louis Farrakhan, Alex Jones and other extremists, saying they violated its ban on “dangerous individuals.” The company also removed right-wing personalities Paul Nehlen, Milo Yiannopoulos, Paul Joseph Watson and Laura Loomer, along with Jones’ site, Infowars, which often posts conspiracy theories. The latest bans apply to both Facebook’s main service and to Instagram and extend to fan pages and other related accounts.
APEX, N.C. (AP) — Buyer beware. The Wild West. That’s how experts describe the all but unregulated world of service dog training. The Americans with Disabilities Act does not require that a service dog be professionally trained and limits what local and state governments can require. Experts say that makes already vulnerable families easy prey for incompetent or unscrupulous trainers. North Carolina and Virginia are currently investigating two nonprofits for alleged fraud affecting dozens of families.