According to sources with knowledge of the matter, the US Justice Department is investigating Kabbage Inc and other fintech companies over the Paycheck Protection Program loan calculations.
The US President Joe Biden assured on Friday that he would be able to meet Vladimir Putin in the very close future.
The Dow Jones and S&P 500 indices set record highs on Friday amid publication of the US employment data which removed concerns about close rate hikes.
United Airlines announced on Friday that it would postpone scheduled flights to Delhi and Bangalore in June because of the pandemic.
According to experts' opinion, the US Fed could increase rates no earlier than at the end of next year.
On Friday, the United Steelworkers union offered Exxon Mobil new six-year deal which contained to salary increase in the first year.
According to the Bloomberg News, Goldman Sachs approved acquisiton and sale of derivatives linked to Bitcoin prices.
The US automakers warned on Friday that would be forced to cut production even more due to the ongoing computer chips' shortage.
On Friday, representatives of auto sector called the US Congress to help the industry with chips shortage by boosting domestic production.
The unemployment rate in Canada increased 0.6% to 8.1% in April from the previous month, a report published by the Statistics Canada shows.
US stocks reached record highs on Friday after weak US jobs data alleviated concerns over higher interest rates in the near future.
Goldman Sachs allows investors to trade derivatives linked to bitcoin prices, Bloomberg News reports.
US wholesale inventories increased less than expected in March, data published by the Commerce Department show.
On Friday, the White House Advisor Heather Boushey commented that the impact of the coronavirus on the labour market had been decreasing.
The Chairman of the SEC Gary Gensler stated on Friday that the SEC should implement new rules to control the impact of apps, social media and other tech on the financial markets.
On Friday, the US Chamber of Commerce announced that the US government should end the $300 unemployment benefit program to solve labour shortages.
Reuters revealed on Friday that European Union leaders were divided in regards to the idea presented by the US to waiver patent rights on COVID-19 vaccines.
Germany's worker union IG Metall revealed on Friday that it would set up a worker council at the new Tesla's factory in Berlin.
The Health Minister of Germany Jens Spahn stated on Friday that the AstraZeneca vaccine would be made available to all adults.
During Friday's US trading hours, commodity prices surged due to the decline of the value of the US Dollar, which was caused by worse than expected employment data.
On Friday, US stock indices started the day by reaching new all-time-high levels, as worse than expected US employment data beat down the value of the USD.
At 12:30 GMT on Friday, the USD/CAD currency exchange rate increased volatility to 40 pips during a period of ten minutes. The move was caused by US and Canadian monthly employment data.
On Friday, at 12:30 GMT, the release of US Employment data sets caused a surge of the EUR/USD of 71 base points. In addition, an all-out decline of the US Dollar was taking place.
IAG, the owner of British Airways, is expecting the travel to recover starting from July, after anticipating its capacity would only climb to 25% in the second quarter.