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Traders work during the opening bell at the New York Stock Exchange on Friday. Losses on Wall Street deepened following a bruising open, as global markets were poised to conclude their worst week since 2008 with another rout.

Wall Street's Brutal Week Slashed Nearly 3,600 Points From Dow

The U.S. stock market ended its worst week since the financial crisis with the Dow Jones Industrial Average falling 12.4%. Fed Chairman Jerome Powell promises to support the economy as necessary.

Republican Sen. Ted Cruz of Texas is among those promising to challenge the Jan. 6 vote to certify the Electoral College results.

Pence Backs Republican Lawmakers' Plan To Object To Electoral College Results

Eleven senators and senators-elect said they would reject electors "from disputed states" without an investigation into the votes in those states. They did not provide evidence for their concerns.

Matthew Carnes prepares to change diapers for his newborn daughter, Evelina Carnes, as his wife, Breanna Llamas, keeps watch in the postpartum unit at Providence St. Mary Medical Center in Apple Valley, Calif., in March. The U.S. has reported another record low in its birthrate.

U.S. Birthrate Fell By 4% In 2020, Hitting Another Record Low

For the sixth year in a row, the number of U.S. births fell in 2020, reaching the lowest level since 1979. The fertility rate remains "below replacement" — the level needed to compensate for deaths.

The U.S. Supreme Court ruled 6-2 for Google in a case in which tech giant Oracle accused it of illegally copying its code. The decision is the culmination of a decade-long legal battle between the two companies.

Supreme Court Hands Google A Win Over Oracle In Multibillion-Dollar Case

By a 6-to-2 vote, the justices said Google's use of Oracle code did not infringe copyright laws.

U.S. Unemployment Rate Inched Up In May

The Labor Department on Friday reported a jobless rate of 7.6 percent as employers added 175,000 jobs and more people began to look for work last month. That's up from April's rate of 7.5 percent.

About half the juvenile offenders released from prison on Rikers Island in New York return within a year, New York City Department of Corrections Commissioner Dora Schriro says.

Goldman Sachs Hopes To Profit By Helping Troubled Teens

Goldman Sachs has invested $9.6 million in a new initiative for juvenile offenders in the New York City prison system. While the Department of Corrections needs the money, some wonder if private investment has a place in government agencies.

FAU's Stadium Naming Deal Turns Into PR Disaster

Florida Atlantic University says the $6 million deal to sell the naming rights of its football stadium to a private company is off. GEO is a private prison corporation. There were jokes the new stadium was going to be called Owlcatraz.

Artist Jackie Sumell set out to build a dream home for bank robber Herman Wallace, whose additional conviction for killing a prison guard is the subject of a long-running dispute.

Building A Home For A Client Who Can't Live In It

A troubling political art piece wrapped in a high-concept documentary, Herman's House follows the efforts of a provocative artist to build a model of a solitary confinement prisoner's dream home. Neither the home nor the prisoner is properly detailed, but the journey is unsettling.

In June Jobs Numbers, Signs For Optimism

The job market improved in June, as employers added 288,000 workers to their payrolls and the unemployment rate fell to 6.1 percent. In another welcome development, the ranks of the long-term unemployed declined.

Aereo.com, a Web service that provides television shows online, is shown on an iPhone on April 22. The company lost a Supreme Court case Wednesday, as the justices ruled it violates copyright law.

Aereo's TV Streaming Service Is Illegal, Supreme Court Says

The court's 6-3 decision reverses a lower court ruling on what has been a hotly contested issue. Aereo lets subscribers watch TV programming that it routes onto the Internet.

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