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US consumer spending, income temporarily fall ahead of massive fiscal stimulus WASHINGTON (Reuters) -U.S. consumer spending fell by the most in 10 months in February as a cold snap gripped many parts of the country and the boost from a second round of stimulus checks to middle- and lower-income households faded. But the drop ...
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Charting a bullish reversal, S&P 500 extends rally from 50-day average The bullish reversal from support — also illustrated on the daily chart — preserves a comfortably bullish intermediate-term bias. Meanwhile, the Dow Jones Industrial Average DJIA ...
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Calls intensify for Congress to intervene on Libor Federal Reserve Chair Jerome Powell and Treasury Secretary Janet Yellen both recently told lawmakers that Congress should pass a bill to provide automatic fallback language for trillions of dollars worth of legacy contracts that would automatically swap in a ...
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Better Buy: Skyworks Solutions vs. Intel Skyworks, which generated over half of its revenue from Apple (NASDAQ: AAPL) last year, produces wireless and radio frequency chips for a wide range of markets. Intel is the world's largest manufacturer of x86 central processing units (CPUs) for PCs and data ...
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US consumers haven't been this optimistic in a year The UMich Consumer Sentiment index hit 84.9 this month, its highest level in a year. · Gauges for current and future economic conditions also surged amid stimulus and vaccine optimism.
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Volkswagen will seek damages from former executives accused in emissions fraud. The decision by the German carmaker's supervisory board marks a turnabout. Volkswagen had been reluctant to publicly accuse former top managers of complicity in the emissions fraud, which has cost Volkswagen tens of billions of euros in fines, settlements ...
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Chainalysis Raises Another $100 Million Amid a Blockchain Boom Chainalysis Inc., a blockchain research, risk-management and analysis firm, raised $100 million from investors led by Paradigm, co-founded by Coinbase's Fred Ehrsam. The new investment values Chainalysis at more than $2 billion and comes just months ...
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ThredUp and 5 More Stocks Start Trading Today. What Investors Need to Know. ThredUp, the well-known re-commerce site, is leading a slate of six companies to the public equity markets Friday. Ikena Oncology, the first of the group to begin trading, soared nearly 91%. The debuts follow a questionable performance by initial public ...
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EU clears vaccine sites to boost inoculation drive BRUSSELS/BARCELONA (Reuters) - The European Medicines Agency approved on Friday two factories for the production of COVID-19 vaccines, with the European Union banking on them to boost deliveries in the second quarter and accelerate the slow ...
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Chip shortage hits Windsor Assembly; Chrysler Pacifica minivan plant to be down for month The global chip shortage slamming the auto industry will shutter the Windsor Assembly Plant, which has more than 4,500 workers, for a month, and a separate Stellantis plant that produces the Jeep Cherokee will also be down for several weeks, presumably ...
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Recon: GSK, Vir seek EUA for COVID antibody; FDA adcomm votes 19-to-1 against Pfizer's tanezumab Welcome to Regulatory Reconnaissance, your daily regulatory news and intelligence briefing. In Focus: US. Biden sets goal of 200 million US COVID-19 shots in his first 100 days (Reuters) (Politico); J&J on track to meet vaccine delivery goal, White House ...
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How to get grilling and outdoor cooking this spring and summer However, for people who have never owned a grill, cooking outdoors may seem a little intimidating. This article can help you take that first easy step along the path to becoming a true grill master by getting you grilling outside this year.
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Norwegian Air Wins Irish Court Approval for Restructuring Norwegian Air Shuttle ASA secured approval of its restructuring plans from an Irish High Court judge, paving the way for the discount carrier to exit insolvency and raise up to 5 billion kroner ($582 million) in fresh capital. The examinership process won legal ...
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How to help your adult kids build their own credit "Teach your child to never spend money on the card that they do not have in their bank account", he advises. "Credit card interest rates are debt-inducing if not carefully managed, so it's crucial that they understand the importance of paying off cards in full each ...
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Beware, home buyers: A record number of homes are selling above their asking price 'When the pandemic is over, purchasing a home is going to cost much more than ever before,' one economist says. With so few homes for sale, buyers are being forced to stretch their budgets to make a compelling offer. Getty Images/iStockphoto. Email icon ...
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Rapid City Regional Airport Receives $1.9 Million in State Funds to Develop New Air Service Smaller airports in Aberdeen, Pierre and Watertown that serve as essential air service locations will receive a share of $600,000 in incentive funding. Rapid City Regional Airport already received $9.2 million in emergency CARES Act funding in ...
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SANY embraces the era of cleaner fuel with hydrogen fuel cell construction vehicles CHANGSHA, China, March 26, 2021 /PRNewswire/ -- Every year on this day, millions of people across the world switch off lights at home, in buildings and in the streets for Earth Hour. Since 2008, the "hour of no power" serves as a symbol of commitment to ...
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New York launches Excelsior Pass for confirming Covid tests, vaccines Albany, N.Y. — New York's Excelsior Pass, a new system for confirming Covid tests and vaccinations, is launching statewide. The app will allow New Yorkers to store information on negative Covid tests or their vaccination status. They can then print out a pass ...
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Facebook, Uber Set Dates for Some Workers to Return to Offices Two Silicon Valley tech titans, Facebook and Uber, have set dates for a fraction of their workforces to return to the office. Uber said Thursday it plans to welcome back 20% of its workers at its Mission Bay offices in San Francisco on March 29, but the return to ...
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Berkshire Hathaway Lobbies Texas for More Gas-fired Power (Bloomberg) -- Warren Buffett's Berkshire Hathaway Inc. is proposing an $8.3 billion plan to help Texas avoid a repeat of February's blackouts: Building a lot of new natural gas plants. The conglomerate is asking state lawmakers to approve a plan for a new ...
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The New York Times Auctioned an Article as an NFT for More Than $500000 The article titled "Buy this column on blockchain!" was written by technology expert Kevin Roose. The buyer, whose nickname is @3FMusic, paid 350 Ethereum cryptocurrencies. Proceeds ...
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Survey: Jump in German business optimism despite pandemic FRANKFURT, Germany (AP) — German businesses grew more optimistic in March, despite a growing number of coronavirus cases and a looming tightening of pandemic restrictions, according to a closely watched survey released Friday. The Ifo institute's ...
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Lowe's giving away free family project kits every week in April April 8: Garden-to-Go kit sponsored by Miracle-Gro with exclusive recipes from professional cook and food stylist Amanda Frederickson. April 15: Lowe's Mystery Garden Pinata with mystery seed packets.
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Fed Says Restrictions on Bank Dividends and Buybacks to End WASHINGTON (AP) — The Federal Reserve said Thursday that as of June 30 it will end for most banks the temporary limits it had imposed on their ability to make dividend payments and buy back their own stock. The Fed imposed the restrictions last summer, ...
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United Airlines adds routes to Ohio and other Midwestern states The new destinations more than double United's nonstop flights out of Charleston and create another route for those traveling to and from Ohio, one of the top states of origins for visitors to the Lowcountry, said Helen Hill, the CEO of the Charleston Area ...
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Vaccines require investors who are long-term greedy So far, not much greed. But the UK is the exception. The profit motive is alive and well in Covid-19 vaccine development and does not seem to have done its adherents any harm at all.
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EXPLAINER: What's a SPAC, the latest craze on Wall Street? CHARLOTTE, N.C. (AP) — Special-purpose acquisition companies, better known as SPACs, have been embraced by big institutions and small-pocketed investors alike. Celebrities and famous athletes have endorsed them. A SPAC is essentially just a pile of ...
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Price Chopper and Girl Scouts team up to sell cookies in stores SYRACUSE, N.Y. — The Girl Scout Cookie Season will soon come to and end and because of challenges brought on by the pandemic, many troops have unsold cookies. To help Girl Scouts boost sales, Price Chopper/Market32 will be offering some flavors in ...
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SpaceX conducts static fire test of SN11 rocket ahead of expected launch Friday The last high-altitude test, wrapped with a successful landing. However, the prototype later exploded due to a suspected gas leak, according to reports. This will be the fourth ...
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What Is NFT And How Does It Works – A Detailed Guide Fungible assets or fungibility denotes an item or an asset that has the ability to trade or get exchanged with a similar type of asset or good, whereas non-fungible assets tokens are unique digital assets whose ownership can be tracked on a blockchain ...
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UK and EU take first step since Brexit to cooperate on financial services The move could help finance firms in the City of London to one day win back some access to the single market they lost when the UK left the EU. The two sides have agreed a Memorandum of ...
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FTSE 100 and Wall Street rise on recovery optimism London's blue-chip index is trading 0.9 per cent higher this afternoon as higher retail sales triggered a new wave of confidence in the economic recovery. Mining stocks including Rio Tinto, Anglo American and BHP pushed ...
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Pa. hits 1 million mark for COVID-19 cases reported Lehigh County recorded 33,159 cases, with 803 deaths. Northampton had 29,543 people test positive, and 673 deaths have been attributed to the virus. Luzerne County had 26,479 cases with 757 deaths. There are ...
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Ovarian cancer drug developed with University of Cambridge research can now be used in combination PARP is short for poly (ADP-ribose) polymerase, and is a protein that helps damaged cells to repair themselves. Some cancers rely on PARP to maintain their DNA. By preventing PARP from working, olaparib prevents this DNA damage repair, which causes the ...
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UPMC says new COVID treatment cuts risk of death by 70% UPMC has released encouraging data about a COVID-19 treatment. Monoclonal antibodies help block the virus and slow down infection. It's a treatment authorized by the FDA for emergency use. UPMC says monoclonal antibodies cut the risk of ...
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Citigroup Bans Friday Zoom Calls to Ease Pandemic Stress Citigroup has declared Fridays "Zoom-free" in order to mitigate pandemic fatigue among staff. The banking giant's CEO, Jane Fraser – who took over the role earlier this month – has implemented the policy banning Zoom video calls on the last day of the ...
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Stuart Leven to leave Royal Caribbean Leven, who has been with the company for eight years, has held roles including vice president EMEA and managing director of RCL Cruises. Most latterly he was in charge of government relations. Sean Treacy, ...
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World's first "green Bitcoin" to be created as UK cryptocurrency firm strikes deal Argo Blockchain, based in London, has confirmed that it has signed a Memorandum of Understanding (MoU) with DMG Blockchain Solutions to launch the first Bitcoin mining pool powered by only clean energy. The project ...
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Health Highlights: March 26, 2021 By Robert Preidt HealthDay Reporter. (HealthDay). China Briefs Foreign Diplomats on COVID-19 Origins Research. A briefing for foreign diplomats Friday by Chinese officials about ongoing research into the origins of COVID-19 comes ahead of the ...
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California's unemployment rate goes down slightly to 8.5 percent California's unemployment rate dropped 0.5 percentage points to 8.5 percent in February as the state's employers gained 141,000 jobs, according to data released on March 26 by the California Employment Development Department (EDD) from two surveys.
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PointsBet Gains Sports Betting and iGaming Access in Pennsylvania, Mississippi PointsBet now has market access in 14 states and is live in Colorado, Illinois, Indiana, Iowa, New Jersey and Michigan. As part of the extension with PNG, PointsBet will pay PNG a portion of the net gaming revenues derived from each additional state.
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