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74K New COVID Cases, 909 Deaths In US

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8 Killed In Mass Shooting At Indianapolis FedEx Facility

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US, NATO Ending Afghanistan Military Mission

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Australia Says Google Misled Users About Use Of Location Data

Australian competition regulator said the country's Federal Court found that Google and its Australian arm misled users about the collection and use of personal location data. The data was collected through Android mobile devices between January 2017...

CBS To Combine News And TV Stations, Names Co-heads
Target Recalls Cat & Jack Baby Rompers
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U.S. Consumer Sentiment Improves Less Than Expected In April

After reporting a substantial rebound in U.S. consumer sentiment in the previous month, the University of Michigan released a report on Friday showing sentiment has continued to improve in April but by much less than anticipated.

U.S. Housing Starts Skyrocket To Highest Level Since June 2006
China Logs Record Growth In Q1
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US Troops To Withdraw From Afghanistan By September 11

All US troops will withdraw from Afghanistan by September 11, 2021, which marks the 20th anniversary of the Al-Qaeda terrorist attacks on American soil. White House officials announced on Tuesday that after a rigorous policy review, President Biden...

Biden Nominates Christine Wormuth As First Woman Secretary Of US Army
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U.S. Stocks Extend Yesterday's Rally, Dow And S&P 500 Set New Record Highs

Extending the rally seen in the previous session, stocks moved mostly higher over the course of the trading day on Friday. With the continued upward move, the Dow and the S&P 500 once again set new record closing highs.

European Stocks Close Higher Again On Recovery Optimism
Asian Shares Advance On Economic Optimism
COVID-19: Drugs in Development
U.S. Stocks Extend Yesterday's Rally, Dow And S&P 500 Set New Record Highs
Modest Strength Remains Visible On Wall Street
U.S. Consumer Sentiment Improves Less Than Expected In April
Dow, S&P 500 Rise To New Record Highs But Nasdaq Nearly Flat
IDB, Citi Pilot Cross-border Payments To Dominican Republic On Blockchain
GM, LG Energy Solution Invest $2.3 Bln To Build Second Battery Plant In U.S.
74K New COVID Cases, 909 Deaths In US
U.S. Housing Starts Skyrocket To Highest Level Since June 2006
Australia Says Google Misled Users About Use Of Location Data
U.S. Stocks May See Further Upside In Early Trading
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Asian Markets Mostly Lower Amid Cautious Trades

asiadown march17 11apr21 Asian stock markets are mostly lower on Monday, despite broadly positive cues from Wall Street on Friday, as trader continue to be cautious amid the surge in coronavirus cases in the region and the possible restrictions on economic activity in several markets. The US Federal Reserve chair Jerome Powell on Sunday also warned that coronavirus remains a threat to the economy.

China Fines Alibaba $2.8 Bln For Anti-monopoly Violations

alibaba april12 Alibaba Group was fined 18.23 billion yuan or about $2.79 billion by Chinese regulators as a result of an anti-monopoly investigation. The fine amounts to about 4% of the company's 2019 domestic revenue.

European Shares Set To Follow Asian Peers Lower

stockmarkets jan04 12apr21 European stocks may drift lower at open on Monday as investors weigh an uneven global economic recovery and brace for U.S. earnings reports this week. Asian markets fell in cautious trade as a resurgence of coronavirus infections in many countries...

Health Alert Issued For Certain Raw Ground Turkey Products Of Plainville Brands

plainvillebrands april12 The U.S. Department of Agriculture's Food Safety and Inspection Service or FSIS issued a public health alert for around 211,406 pounds of raw ground turkey products over concerns of Salmonella Hadar illness. The affected products were produced by Pennsylvania -based Plainville Brands, LLC. A recall was not issued as the products are believed to be no longer available for consumers to purchase.
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Economy
china flag 041317 16apr21China's economy registered record growth in the first quarter of 2021, largely due to the extremely low base of comparison as the pandemic struck the economy in the same period last year. Gross domestic product advanced 18.3 percent on a yearly basis in the first quarter, much faster than the 6.5 percent growth posted in the preceding quarter, data from the National Bureau of Statistics revealed.

European Economics Preview: Eurozone Final Inflation Data Due

U.S. Homebuilder Confidence Improves Modestly In April

U.S. Business Inventories Increase 0.5% In February, Matching Estimates

U.S. Industrial Production Rebounds Less Than Expected In March

New York Manufacturing Index Jumps To Multi-Year High In April

Philly Fed Index Unexpectedly Indicates Faster Growth In April

U.S. Retail Sales Soar 9.8% In March, Much More Than Expected

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Health

74K New COVID Cases, 909 Deaths In US

uscoronavirus april16
74312 new coronavirus cases were reported in the United States on Thursday, taking the national total to 31495652. This is higher than the 7-day average of 70514. 909 new deaths were reported in the country on the same day. With this, the COVID death toll in the U.S. increased to 565289, according to the latest data from Johns Hopkins University. The 7-day average of COVID deaths is 750. Washing
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Markets
Despite suffering a couple of setbacks during the course of the day's session, the Canadian stock market ended on a positive note on Friday, supported by gains in some telecom, healthcare, materials and consumer discretionary sections.
Business
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Morgan Stanley (MS) reported a first-quarter profit that more than doubled from last year, reflecting strong performance across all of its business segment. Net revenues for the quarter grew 61 percent from the previous year. Quarterly adjusted earnings per share beat analysts' estimates.
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Stock Alerts

Stock Alert: EHang Holdings Slips 7% On Quarterly Results

Stock Alert: Axalta Coating Systems Reach New 52-Week High

Stock Alert: Mer Telemanagement Solutions Surges 70% On Merger Deal With Sharplink

Stock Alert: Lattice Semiconductor Shares Reach All-Time High

Stock Alert: Domtar Gains 5%

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

IDB, Citi Pilot Cross-border Payments To Dominican Republic On Blockchain

The Inter-American Development Bank and Citi Innovation Labs have successfully completed a proof-of-concept to make cross-border payments from the U.S. to countries in Latin America and the Caribbean, using blockchain and tokenized money. The platform provided full traceability of the transactions, exchange rates, and fees on blockchain. 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
04/16/21 13:0Baker Hughes - Rig CountAPR 16 United States
04/16/21 9:30CB Leading IndexMAR Eurozone
04/16/21 9:30CB Coincidence IndexMAR Eurozone
04/16/21 8:30Housing Starts (M-o-M)MAR United States
04/16/21 8:30Building Permits (M-o-M)MAR United States
04/16/21 8:30Wholesale Sales (Y-o-Y)FEB Canada
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