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Yellen comments on Biden's 2022 budget plan
Sat, 10 Apr 2021 17:00:07 GMT
 
On Friday, the US Treasury Secretary Janet Yellen stated that President Joe Biden's 2022 budget plan would increase the overall IRS budget by $1.2B or 10.4%. >>
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Iran and US clash on sanctions
Sat, 10 Apr 2021 16:00:07 GMT
 
On Friday, officials from the United States and Iran disagreed over what sanctions the US should remove before Tehran returns to the 2015 nuclear agreement. >>
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Investors, traders look to upcoming earnings
Sat, 10 Apr 2021 15:00:07 GMT
 
Investors and traders are looking ahead to the upcoming US corporate earnings reports, beginning next week, as overall S&P 500 earnings are expected to have surged by 25% in the >>
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Amazon.com wins fight against union
Sat, 10 Apr 2021 14:00:10 GMT
 
On Friday, workers at an Amazon.com warehouse in Alabama voted against forming a union in a major win for the world's largest online retailer. >>
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GM lowers truck production
Sat, 10 Apr 2021 10:00:07 GMT
 
General Motors Co stated on Friday that it would cancel some shifts at two of its plants responsible for truck production because of the ongoing chip shortage. >>
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Biden's plan to generate $1.2B for IRS
Sat, 10 Apr 2021 09:16:21 GMT
 
On Friday, the US Treasury Secretary Janet Yellen noted that President's tax plan would increase the Internal Revenue Service (IRS) budget by $1.2B or 10.4%. >>
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China fines Alibaba
Sat, 10 Apr 2021 08:31:09 GMT
 
On Saturday, China instructed Alibaba to pay a $2.75B fine which was equivalent to nearly 4% of the company's revenue for abuse of its dominant position in the market. >>
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Biden proposes $14B boost for climate
Sat, 10 Apr 2021 04:00:10 GMT
 
The US President Joe Biden proposed $14B in funding initiatives to fight climate changes in the 2020 budget, including capital injections for science research and environmental regulation. >>
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China to clear Tencent's $3.5B Sogou deal
Sat, 10 Apr 2021 03:00:06 GMT
 
China's antitrust regulator is set to clear Tencent Holdings's plan to take one of the country's search engine Sogou private, sources said. >>
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Spain to subsidise EV sales
Fri, 09 Apr 2021 22:34:34 GMT
 
The government of Spain approved a plan to spend up to €800M until 2023 to encourage electric vehicle sales, the Energy Ministry stated. >>
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Brazil's inflation rises above 6% in March
Fri, 09 Apr 2021 20:00:05 GMT
 
As reported by statistics agency IBGE on Friday, the annual rate of consumer inflation in Brazil rose to 6.10% in March, the highest since December 2016. >>
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Canada adds more jobs in March
Fri, 09 Apr 2021 19:00:07 GMT
 
Canada added 303,100 jobs in March and the unemployment rate fell to 7.5%, Statistics Canada reported on Friday. >>
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Crude oil prices edge lower
Fri, 09 Apr 2021 18:00:06 GMT
 
Crude oil prices declined on Friday. Brent crude futures fell by 0.32% to $62.88 a barrel at 12:30 GMT, while the US West Texas Intermediate crude futures were at $59.43, >>
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US producer prices increase in March
Fri, 09 Apr 2021 17:00:08 GMT
 
As reported by the US Labor Department on Friday, US producer prices rose more than expected last month. >>
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McDonald's to add 25K new staff
Fri, 09 Apr 2021 15:41:56 GMT
 
McDonald's Corp is planning to hire 25,000 new staff in its US restaurants in Texas this month, as lockdown restrictions are easing ahead of summer. >>
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