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United States · 4:22 AM UTCU.S. economy likely created nearly a million jobs in April

U.S. employers likely hired nearly a million workers in April as they rushed to meet a surge in demand, unleashed by the reopening of the economy amid rapidly improving public health and massive financial help from the government.

Healthcare & PharmaceuticalsAnalysis: U.S. move to loosen vaccine patents will draw drug companies to bargain -lawyers
Autos & TransportationTesla tells regulator that full self-driving cars may not be achieved by year-end
BusinessStocks rally into U.S. jobs report as commodity prices surge
United KingdomBritish Airways owner IAG expects travel recovery from July
Autos & TransportationBMW confirms 2021 outlook, but sees volatility ahead
Retail & ConsumerAdidas shrugs off China boycott call to raise outlook
United KingdomHoliday Inn owner says U.S. demand picks up ahead of summer
BusinessU.S. SEC chair tells Congress he plans new rules on climate risk, trading
IndiaAnalysis: Indian airlines risk consolidation, plane repossessions amid COVID-19 surge
AmericasLatest COVID-19 wave less damaging for emerging market stocks

Huge COVID-19 outbreaks in India, Brazil and Turkey have put developing economies at the epicentre of the pandemic, but their reluctance to fully lock down combined with hopes of vaccine progress globally appear to be desensitizing markets.

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United StatesBiden willing to accept 25% corporate tax rate to fund spending programs
BusinessGlobal stocks rally into U.S. jobs report amid surging commodity prices
Media & TelecomMilitary coup puts Telenor’s future in Myanmar on the line
BusinessFed says stock market boom, ‘ebullient’ investors warrant caution
BusinessPeloton unveils treadmill safety fixes as recall hits sales forecast
United StatesAnalysis: How Biden plans to add $600 billion to the U.S. 'care economy'
BusinessU.S. weekly jobless claims drop below 500,000; layoffs lowest since 2000
BusinessU.S. households and businesses facing unequal recovery, Fed report finds