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Market News

March 16, 2021
Blizzard Fires 50 People Amid Shift Away From Live Events
Blizzard, a division of Activision Blizzard Inc., fired about 50 people on Wednesday across various support departments that largely handled live...
March 16, 2021
Bill Gross Says He’s Short Treasuries, Expecting 3%-4% Inflation
Legendary bond investor Bill Gross said he’s short Treasuries and expects U.S. inflation to accelerate to a pace of 3% to 4% in coming months.
March 16, 2021
McConnell Rules Out GOP Support for Tax Hikes for Infrastructure
Senate Minority Leader Mitch McConnell said there was no chance that Republicans would back any tax increases to pay for President Joe Biden’s...
March 16, 2021
France and Italy Signal They’ll Allow AstraZeneca Vaccine Again
Italian Prime Minister Mario Draghi and French President Emmanuel Macron are ready to allow the use of AstraZeneca’s Covid-19 vaccine again if the...
March 16, 2021
Kamala Harris Says the ‘Status of Women Is the Status of Democracy'
United Nations (AP) -- U.S. Vice President Kamala Harris told the U.N.’s premiere global body fighting for gender equality that “the status of...
March 16, 2021
Smoking Headed for Extinction in U.S. by 2050, Report Says
Cigarette use in a number of developing countries may fall to zero in the next three decades as smokers quit or switch to alternative products,...
March 16, 2021
Mercer-Backed Parler Casts Its Reboot as Fight for Free Speech
March 16, 2021
Intel, Ford Urge Tax Benefits for Chips, U.S. Manufacturing
Foreign producers of semiconductors, electric car batteries and pharmaceuticals will continue to squeeze U.S. manufacturing unless Congress provides...
March 16, 2021
Citi Urges Dealmakers to Send More Business to Private Bankers
Citigroup Inc.’s dealmakers have been keeping busy with family offices looking to get in on the blank-check frenzy. Now the lender wants to bring...
March 16, 2021
ECB’s Kazimir Urges Faster Fiscal Response as Bond Yields Curbed
The European Central Bank is shielding the euro-zone economy from higher bond yields partly because the region is rolling out its fiscal stimulus too...