The 5 best air purifiers in 2021

An air purifier can help clean your indoor air of pollutants, dust, and smoke. We tested and researched more than 10 air purifiers to determine the best for your needs and budget. The Blueair Blue Pure 211+ can clean a 650-square-foot room in 15 minutes and indicates when to replace filters. An air purifier can help improve the quality of […]

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Nasdaq moves higher as tech stocks retrace some losses

NEW YORK (Reuters) – The tech-heavy Nasdaq index partly rebounded on Friday from its worst day in four months in choppy trading, even as sentiment remained fragile, with fears of a rise in inflation keeping U.S. bond yields near a one-year high.FILE PHOTO: A Wall Street sign is pictured outside the New York Stock Exchange in the Manhattan borough of […]

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Americans' personal income and spending soared in January thanks to stimulus checks and unemployment insurance

Personal income soared by 10% from December 2020 to January 2021 thanks in large part to government stimulus benefits, according to a new analysis from the U.S. Bureau of Economic Analysis (BEA). The December 2020 Covid-19 relief bill provided $600 stimulus payments for many individuals and extended key federal unemployment benefits. The BEA finds those two social benefits "more than […]

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Fiscal stimulus fires up U.S. consumer spending; inflation benign

WASHINGTON (Reuters) – U.S. consumer spending increased by the most in seven months in January as the government doled out more pandemic relief money to low-income households and new COVID-19 infections dropped, positioning the economy for faster growth in the first quarter.FILE PHOTO: Carlos Gonzalez, managing partner of the Oz Ladies’ and Gentlemen’s Nightclub, counts money ahead of the Tampa […]

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European shares drop as bond rout sparks profit taking

(Reuters) – European stocks fell on Friday as investors booked profits in high-flying technology shares due to concerns over rising inflation and interest rates on the back of a jump in bond yields. The benchmark European stock index was down 0.6%, paring earlier losses but still on track to record its first weekly fall this month. London’s FTSE 100 slipped […]

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Wall Street extends losses as inflation fear lingers

(Reuters) – Wall Street’s main indexes extended losses on Friday as fears of a potential rise in inflation kept U.S. bond yields around one-year high, while tech stocks clawed back some losses.Slideshow ( 2 images )Shares of Amazon.com Inc, Microsoft Corp and Alphabet Inc edged up between 0.4% and 1%, but were headed for their worst week in months. The […]

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U.S. consumer spending rebounds; inflation muted

WASHINGTON (Reuters) – U.S. consumer spending increased by the most in seven months in January as the government doled out more pandemic relief money to low-income households and new COVID-19 infections dropped, setting up the economy for faster growth in the first quarter.FILE PHOTO: Carlos Gonzalez, managing partner of the Oz Ladies’ and Gentlemen’s Nightclub, counts money ahead of the […]

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Cathie Wood's ARK Innovation ETF bought 1.2 million shares of Twitter on Thursday following the social media company's ambitious growth plans

ARK Investment Management Cathie Wood’s ARK Innovation ETF added 1,268,926 shares of Twitter on Thursday. The move came after Twitter reported it plans to “at least” double revenue by the end of 2023. The ARK Innovation ETF now owns some 3.1 million shares of Twitter making it the funds’ 39th largest holding. Visit the Business section of Insider for more […]

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