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homebuilding-091819.jpg New residential construction in the U.S. showed a substantial rebound in the month of August, according to a report released by the Commerce Department on Wednesday. The report said housing starts soared by 12.3 percent to an annual rate of 1.364 million in August after slumping by 1.5 percent to a revised rate of 1.215 million in July.

cancerdrugs-sept18.jpg The U.S. Food and Drug Administration on Tuesday unveiled a new international collaboration for simultaneous review and approval of cancer drugs along with the agency's Australian and Canadian counterparts. The simultaneous approval of cancer therapies by the three regulators is intended to accelerate the process of making these new treatments available to patients around the world.

wallstreet-sept06_18sep19.jpg After ending yesterday's choppy trading session modestly higher, stocks may give back some ground in early trading on Wednesday. The major index futures are currently pointing to a slightly lower open for the markets, with the Dow futures down by 34 points.

americanvoters-sept18.jpg Climate Change will be one of the factors that decide who will win the next U.S. presidential election, according to a poll conducted by CBS among a cross section of American voters. The issue is influencing Democrats more than Republicans. It is the most pressing issue for Democrats after health care, the poll shows. 72 percent of Democrats who took part in the poll say climate change is very i

bankofengland-3-fx_18sep19.jpg The Bank of England is set to hold its key interest rate steady on Thursday, at the final policy session ahead of the Brexit scheduled on October 31. Policymakers are likely to retain the interest rate at 0.75 percent and quantitative easing at GBP 435 billion. The announcement is due at 7.00 am ET.

wallstreet-sept18.jpg The FOMC meeting will be the highlight on Wednesday. The Fed Chair press conference will be held at 2.30 pm ET. The federal funds rate is expected at 1.875 percent. The Housing Starts data is also a major announcement on the day. Asian shares finished mixed, while European shares are trading down....

quickstand-sept18.jpg Humanscale Corp. recalled about 24,900 units of QuickStand Lite workstations for concerns of injury hazard. These include about 2,200 units sold in Canada. The recalled workstation's arm can break and cause the workstation to fall, posing a risk of injury. The company has already received 52 reports of the arm breaking, including 12 reports of minor injuries.

fashionbrandscoop-sept18.jpg Retail giant Walmart announced the exclusive relaunch of fashion boutique Scoop as its private brand. Scoop, which was founded by Stefani Greenfield, had closed all 16 of its stores in New York City in 2016 amid growing rent prices. Walmart's Scoop brand now offers a curated collection of more than 100 trend-inspired styles, which are size-inclusive and incredibly affordable.

stockmarkets-aug17_18sep19.jpg European stocks inched higher on Wednesday as oil prices fell back and investors turned their attention to a slew of central bank meetings due this week for policy cues. Upcoming U.S.-China trade talks also remained on investors' radar. The Federal Reserve is expected to announce a rate cut of at...

eurozoneflag-aug23_18sep19.jpg Eurozone inflation was stable in August at its lowest level in nearly three years, latest data from the Eurostat showed on Wednesday, confirming the preliminary estimates released on August 30. Headline inflation was 1 percent in August, the same as in July. The rate was the lowest since November 2016.

ukinflation-071719_18sep19.jpg UK consumer price inflation eased to a 32-month low in August as computer games and clothing turned cheaper, data from the Office for National Statistics showed Wednesday. Consumer price inflation eased to 1.7 percent from 2.1 percent in July. The rate was forecast to ease moderately to 1.9 percent. This was the lowest rate since December 2016 and well below the central bank's 2 percent target.

kfc-sept18.jpg Kentucky Fried Chicken or KFC is testing a new combination of fried chicken and glazed donuts in sandwich. Beginning September 16, the new item is available for a limited time, in select KFC locations in Virginia and Pennsylvania. The customers can choose from two options, such as a chicken and donut basket meal, and a chicken sandwich, featuring a fried chicken patty between two donuts.

pharma-041917_18sep19.jpg Today's Daily Dose brings you news about Bankruptcy filing of Sienna Biopharma; the first approval under FDA's Project Orbis, and public offering of Translate Bio.

stockmarkets-aug20_18sep19.jpg European stocks are likely to open flat to slightly lower on Wednesday as oil prices retreated and investors looked forward to an interest rate cut by the U.S. Federal Reserve later today. Oil extended steep losses from the previous session after Saudi Arabia reassured markets, saying that full production...

canntrust-sept18.jpg Canada-based CannTrust Holdings Inc. said Tuesday that Health Canada has suspended the company's license to produce and sell recreational and medical cannabis in Canada. The suspension of the license is due to CannTrust's previous non-compliance with certain regulatory requirements. Shares of CannTrust tumbled 14 percent in the regular trading session on NYSE following the news.

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