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U.S. Dollar Drops As Jobless Claims Rise More Than Expected
The U.S. dollar moved lower against its major counterparts in the New York session on Thursday, as strong jobless claims data raised the prospect of interest rate cuts this year.
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Canadian Market Moderately Higher At Noon
Consumer discretionary and healthcare stocks are in demand in the Canadian market, which is up in positive territory around noon on Thursday after a steady start.
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U.S. Trade Deficit Unexpectedly Widens To Largest Since Last April
A report released by the Commerce Department on Thursday showed the U.S. trade deficit unexpectedly widened in the month of February. The Commerce Department said the trade deficit increased to $68.9 billion in February from a revised $67.6 billion in January. Economists had expected the trade deficit to narrow to $67.0 billion from the $67.4 billion originally reported for the previous month.
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EFFECTOR Reports Results Of Phase2 KICKSTART Trial Of Tomivosertib-Pembrolizumab In NSCLC
eFFECTOR Therapeutics, Inc. (EFTR) announced Thursday topline results from the primary analysis of the randomized Phase 2 KICKSTART trial which tested tomivosertib or placebo, each combined with pembrolizumab, as frontline treatment for patients with non-small cell lung cancer (NSCLC) with PD-L1 =50%.
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Cardio Diagnostics Inks Nationwide Telehealth Deal With Navierre
Cardio Diagnostics Holdings, Inc. (CDIO), an AI-driven precision cardiovascular medicine company, announced Thursday a strategic partnership with Navierre, an innovative digital health technology platform, to significantly expand access to Cardio Diagnostics' industry-leading, AI-enabled precision cardiovascular diagnostic tests.
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U.S. Weekly Jobless Claims Climb To Two-Month High
A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits rose by more than expected in the week ended March 30th. With the bigger than expected increase, jobless claims reached their highest level since the week ended January 27th.
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Skipify In Partnership With Visa To Extend Reach And Capabilities Of Skipify's Connected Wallet
Fintech company Skipify announced Thursday its partnership with payments technology company Visa, Inc. (V) through the Visa Digital Commerce Program in its bid to reinvent the way consumers transact, leveraging cutting-edge technologies to simplify and accelerate the payment process.
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Cloud Software Group, Microsoft Ink 8-Year Strategic Partnership To Expand Collaboration
Cloud Software Group, Inc. and Microsoft Corp. (MSFT) announced Thursday they inked an eight-year strategic partnership agreement to strengthen the go-to-market collaboration for the Citrix virtual application and desktop platform and support the development of new cloud and AI solutions with an integrated product roadmap.
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ECB Policymakers Increasingly Confident Of Inflation Falling To 2% Target - Minutes
The European Central Bank's rate-setters were increasingly confident of inflation on track to reach the 2 percent target, but saw the need for patience even as they agreed the scope for an interest rate cut has strengthened, minutes of the March 6-7 policy session showed Thursday.
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U.S. Trade Deficit Unexpectedly Widens To $68.9 Billion In February
A report released by the Commerce Department on Thursday showed the U.S. trade deficit unexpectedly widened in the month of February.
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U.S. Weekly Jobless Claims Rise More Than Expected
A day ahead of the release of the more closely watched monthly jobs report, the Labor Department released a report on Thursday showing first-time claims for U.S. unemployment benefits rose by more than expected in the week ended March 30th.
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Acumen Pharma Partners Lonza To Advance Sabirnetug For Alzheimer's Disease Treatment
Biopharmaceutical company Acumen Pharmaceuticals, Inc. (ABOS) on Thursday signed a collaboration agreement with Lonza, a global partner to the pharmaceutical, biotech and nutraceutical markets.
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Boston Scientific Says FTC Issues Second Request Amid Boston Scientific And Axonics Merge Review
Boston Scientific Corp. (BSX) revealed Thursday in a Form 8-K filing with the U.S. Securities and Exchange Commission that the company and Axonics each received a request for additional information from the U.S. Federal Trade Commission (FTC) in connection with the FTC's review of the merger.
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