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72K New COVID Cases, 476 Deaths In US

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Iran Blames Israel For Incident At Natanz Nuclear Site, Vows To Take Revenge

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Britain's Prince Philip Dies At 99

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JPMorgan Q1 Profit Soars, Results Top Estimates

US investment bank JPMorgan Chase & Co. (JPM) reported Wednesday a profit for the first quarter that soared five-fold from last year, driven by primarily by credit reserve releases compared to last year's credit reserve builds. Both earnings per share...

Moderna's 6-month Review Of COVID-19 Vaccine Post Dose 2 Shows More Than 90% Efficacy
Torn & Glasser Recalls Dark Chocolate Espresso Beans Sold At Kroger
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Singapore Central Bank Maintains Monetary Policy

Singapore central bank retained its monetary policy stance as the policymakers viewed it appropriate amid weak outlook for core inflation and continuing economic recovery. The Monetary Authority of Singapore decided to maintain a zero percent per annum...

New Zealand Central Bank Keeps Policy Unchanged
European Economics Preview: Eurozone Industrial Output Data Due
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Biden Nominates Christine Wormuth As First Woman Secretary Of US Army

President Joe Biden has nominated international security expert Christine Wormuth as the new Secretary of the US Army. This the first time in the U.S. history that a female is appointed to this key post. If confirmed, she would be the first woman to...

106 People Are Shot To Death A Day In US, Biden Says Unveiling Executive Actions On Gun Violence
White House Announces Executive Actions On Gun Control
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European Shares Rise On Earnings

European stocks were moving higher on Wednesday as inflation fears eased and investors cheered strong earnings updates from the likes of SAP and LVMH Moet Hennessey. Benchmark U.S. Treasury yields extended their decline to mark a fresh three-week low...

Asian Shares Rise After US Inflation Data
European Shares Seen Tad Higher At Open
COVID-19: Drugs in Development
JPMorgan Q1 Profit Soars, Results Top Estimates
Torn & Glasser Recalls Dark Chocolate Espresso Beans Sold At Kroger
European Shares Rise On Earnings
Moderna's 6-month Review Of COVID-19 Vaccine Post Dose 2 Shows More Than 90% Efficacy
Asian Shares Rise After US Inflation Data
Singapore Central Bank Maintains Monetary Policy
European Shares Seen Tad Higher At Open
New Zealand Central Bank Keeps Policy Unchanged
European Economics Preview: Eurozone Industrial Output Data Due
Asian Markets Mostly Higher
Top Stories

United Airlines' New Pilot Trainees To Be At Least 50% Women, People Of Color

unitedairlines april07 United Airlines is planning to train 5,000 new pilots at its new pilot training academy by 2030, of which at least half will be women and people of color. In a statement, the only major U.S. airline to own a flight school said its United Aviate Academy will begin accepting applications for the training program for commercial airline pilot.

Wall Street Set To Start Low

wallstreet sept18 07apr21 A slew of Fed speeches and FOMC minutes of its latest monetary policy meeting might be the highlights on Wednesday. Asian shares finished broadly up, while European shares are trading mostly down. The U.S. Futures Index point to lower open for Wall...

U.S. Stocks May Continue To Experience Choppy Trading

wallstreet4 061518 07apr21 Following the lackluster performance seen in the previous session, stocks may continue to experience choppy trading on Wednesday. The major index futures are currently pointing to a slightly lower open for the markets, with the Dow futures down by 39 points.

U.S. Trade Deficit Widens To Record $71.1 Billion In February

trade deficit 040721 Largely reflecting a steep drop in the value of exports, the Commerce Department released a report on Wednesday showing the U.S. trade deficit widened more than expected in the month of February. The Commerce Department said the trade deficit widened to $71.1 billion in February from a revised $67.8 billion in January.
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Economy
ukgdp oct10 13apr21The UK economy recovered in February despite the coronavirus lockdown restrictions being in place, data from the Office for National Statistics revealed Tuesday. Gross domestic product grew 0.4 percent monthly, following a revised 2.2 percent fall in January. Nonetheless, this was slower than the expected growth of 0.6 percent. February's GDP was 7.8 percent below the levels seen last year.

China's Exports Rise Less Than Expected In March

European Economics Preview: UK GDP, Foreign Trade Data Due

U.S. Wholesale Inventories Rise Slightly More Than Expected In February

U.S. Producer Prices Jump Much More Than Expected In March

German Industrial Output Falls; Exports Continue To Rise

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Health

Moderna's 6-month Review Of COVID-19 Vaccine Post Dose 2 Shows More Than 90% Efficacy

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Moderna, Inc. announced that updated cases in its trial show its COVID-19 Vaccine (mRNA-1273) is greater than 90% effective against all cases of COVID-19, with around 6 months median follow-up post-dose 2. The new data from the Phase 3 COVE Study also shows that the vaccine is greater than 95% effective against severe cases of COVID-19.
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Markets
French stocks advanced on Wednesday and bond yields eased after data showed U.S. inflation was not rising too fast as had been feared. Benchmark U.S. Treasury yields extended their decline to mark a fresh three-week low as inflation fears receded for now. There is some disappointment on the vaccine...
Business
uber april13
Ride-hailing company Uber Technologies Inc. (UBER) Chief Executive Officer Dara Khosrowshahi said the company could enter the cannabis delivery business "when the road is clear." "When the road is clear for cannabis, when federal laws come into play, we're absolutely going to take a look at it,"...
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Stock Alerts

Stock Alert: B. Riley Financial Gains 14%

Stock Alert: Mackinac Financial Gains 55% On Merger Plan With Nicolet

Stock Alert: Danaher Shares Rise On Upbeat Revenue Outlook

Stock Alert: Fiverr International Shares Up 2%

Stock Alert: Canaan Declines 20% Despite Narrower Quarterly Loss

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Latest Updates on COVID-19
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COVID-19: Drugs in Development
Cryptocurrency

ConsenSys Raises $65 Mln Funding From JP Morgan, Mastercard

Blockchain technology company ConsenSys Tuesday said it has raised $65 million in funding from companies like JP Morgan Chase (JPM), Mastercard Inc. (MA) and UBS AG (UBS) and also from firms in the decentralized finance area. Other contributors to... Read More
FDA Monitor

Biotech Stocks Facing FDA Decision In April 2021

Four novel drugs were approved by the FDA in March taking the tally of new drug approvals in the first quarter of this year to 14. Let's take a look at what's in store for April 2021. Read More
Biotechnology

Torn & Glasser Recalls Dark Chocolate Espresso Beans Sold At Kroger

Los Angeles, California-based Torn & Glasser is recalling 7464 units of dark chocolate espresso beans sold at Kroger citing undeclared walnut, an allergen, the U.S. Food and Drug Administration said. The dark chocolate walnuts were mislabeled as "dark chocolate espresso beans". Read More
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Economic Calendar
DateIndicatorPeriodCountry
04/14/21 7:0Retail Sales (Y-o-Y)FEB South Africa
04/14/21 7:0Retail Sales (M-o-M)FEB South Africa
04/14/21 5:0Industrial Production (Y-o-Y)FEB Eurozone
04/14/21 5:0Industrial Production (M-o-M)FEB Eurozone
04/14/21 4:0CPI - EU Harmonised (Y-o-Y)MAR Bulgaria
04/14/21 4:0CPI - EU Harmonised (M-o-M)MAR Bulgaria
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