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MARKETS LIVE BLOG:

STOCKS EXTEND GAINS; NASDAQ JUMPS AS TREASURY YIELDS SLIDE

Disappointing jobs data appear to make case for monetary policy to stay on hold and interest rates to remain low

Crisis Management

Yahoo Finance Canada presents CRISIS MANAGEMENT, a livestream show on the Canadian economy that builds a crisis playbook during COVID-19 times and beyond.

Latest Stories

  • Elvis Cordero visits mom Amanda Kloots in sweet moment on Mother's Day edition of 'The Talk': 'Are you kidding me?!'

    This marks their first Mother's Day since Nick Cordero died in July from COVID-19.

  • Justice Dept. rule would aim to crack down on 'ghost guns'

    The Justice Department on Friday released a proposed rule that would broaden the definition of a firearm, requiring some gun-making kits to include a serial number as the Biden administration moves forward to combat so-called “ghost guns.” It comes several weeks after President Joe Biden promised a crackdown on “ghost guns,” homemade firearms that lack serial numbers used to trace them and are often purchased without a background check. For years, federal and local law enforcement officials have been sounding the alarm about what they say is a loophole in federal firearms law, allowing people who are generally prohibited from owning guns to obtain them by making the weapons themselves.

  • Keir Starmer admits Labour lost voters’ trust and takes ‘full responsibility’ for election debacle

    ‘We’ve been talking to ourselves instead of to the country’ says Labour leader

  • I-84 to close between Eagle Road, Connector early Monday morning for Idaho Power project

    Traffic will be diverted off the interstate for a few miles for three hours, when the highway is generally not busy.

  • Biden claims April jobs report is ‘rebuttal’ to idea Americans don’t want to work

    The US economy gains just 266,000 jobs in April

  • Coldplay Debuts New Uplifting Track 'Higher Power' — Which First Premiered in Outer Space

    "The song is about trying to find the astronaut in all of us, the person that can do amazing things," Coldplay frontman Chris Martin said of the newly released track

  • Biden and Merkel can’t agree on vaccines. As an American in Europe, I’m on Merkel’s side

    I want to know why my country isn’t doing more

  • Brian Pallister continues to underachieve on paid sick leave

    A new provincial so-called sick leave program strictly limited to COVID-19 is woefully inadequate, says Unifor.

  • California reports first ever yearly population decline

    SACRAMENTO, Calif. — California’s population fell by more than 182,000 people in 2020, marking the first year-over-year loss ever recorded for the nation’s most populous state. State officials announced Friday that California’s population dipped 0.46% to just under 39.5 million people from January 2020 to January 2021. The news comes one week after the U.S. Census Bureau announced a paltry population growth for California, resulting in the state losing a congressional seat for the first time because it grew more slowly than other states over the past decade. But the census numbers reflect the state’s population in April 2020. The new state numbers released Friday reflect the state’s population as of January 2021. The state four most populated cities -- Los Angeles, San Diego, San Jose and San Francisco -- lost a combined 88,000 people. LA dropped the most at nearly 52,000 and has now lost about 75,000 people in the last three years to fall to an overall population of just over 3.9 million. California became a state in 1850 on the heels of a gold rush that prompted people to seek their fortune out west. The population soared following World War II with the help of a robust defence and aerospace industry. It boomed again in the 1980s and 1990s as technology companies put Silicon Valley on the map. But the growth slowed after the end of the Cold War in the 1990s when the federal government cut back on defence spending and again in the years before the Great Recession in the late 2000s. State officials say California has seen more people leave than move in from other states for much of the last three decades. However, that had been offset by international immigration and births so that California continued to grow. That changed in 2020. State officials say a declining birth rate, plus reductions in international immigration and an increase in deaths because of the coronavirus, led to the state's first ever year-over-year population loss. California had a negative international migration in 2020, which state officials say was a direct impact from the Trump administration's decision to stop issuing new visas for much of that year. Coronavirus restrictions around the world also caused about a 29% decline in international students coming to California, or about 53,000 people. Plus, about 51,000 people died from the coronavirus in California last year. That's a 19% increase above the state's average death rate for the past three years. In all, 51 of the state's 58 counties posted death rates above the three-year average — including 12 that had increases of 20% or more. “As the pandemic recedes and with changes in federal immigration policy, we expect to return to more normal immigration trends into California from other countries,” said H.D. Palmer, spokesman for the Department of Finance. “All of which means that by the time we do this same projection 12 months from now, we expect that 2021 will show a return to a slightly positive growth rate.” The state's population has become a political issue this year in light of the effort to recall Gov. Gavin Newsom, with Republicans blaming high taxes and the governor's policies for people fleeing the state. From 2010 to 2020, about 6.1 million people left California for other states compared to about 4.9 million people who moved to California from other states, according to an analysis of census data by the Public Policy Institute of California. The Department of Finances population estimate comes from a number of sources, including birth and death counts, the number of new driver's licenses and address changes, school enrollments and federal tax returns. Adam Beam, The Associated Press

  • Sea-Tac airport lines stretched to garage. Now TSA is testing checkpoint reservations

    With the program, travelers won’t have to stand in line at all.

  • Why MoneyGram International Stock Surged Today

    Its direct-to-consumer business is skyrocketing, and that's good news, considering its getting new competitors in stores.

  • Learning Care Group Celebrates Nationwide ‘Teacher of the Year’ Darla Heeter

    Darla Heeter Learning Care Group is proud to honor Darla Heeter from its Childtime location in Lilburn, GA, as this year’s recipient of the company’s prestigious Teacher of the Year award. LILBURN, Ga., May 07, 2021 (GLOBE NEWSWIRE) -- Learning Care Group is proud to honor Darla Heeter from its Childtime location in Lilburn, GA, as this year’s recipient of the company’s prestigious Teacher of the Year award. Heeter has been selected in recognition of her remarkable work in inspiring a love of learning in children of all backgrounds and abilities, helping prepare them for future success. She was chosen from more than 18,000 early education teachers nationwide from the Learning Care Group portfolio of schools – Childtime, Creative Kids Learning Centers, The Children’s Courtyard, Everbrook Academy, La Petite Academy, Montessori Unlimited, Pathways Learning Academy, Tutor Time, U-GRO Learning Centres, and Young School. Heeter, a Georgia Pre-K Lead Teacher, is being honored for her excellence as an educator and for her outstanding work in building strong partnerships with families to support children’s developmental journey. “Darla does an amazing job personalizing the learning experience for each child to support their unique developmental needs,” said Anne Manousos, Senior Division Vice President for Learning Care Group. “She delves deeply into our teaching resources to create highly effective lesson plans, empowering and inspiring her students. She’s wonderfully supportive of her fellow teachers and collaborates closely with parents, sharing best practices and strengthening the bond between home and school. We’re honored to have Darla represent us as our Teacher of the Year.” A lifelong learner, Heeter is deeply committed to her profession and especially passionate about providing nurturing support that encourages children to develop positive behaviors. She has made a profound impact by leveraging the company’s Positive Behavior Support program and resources, including its proprietary myPath app, with her own students, as well as in mentoring colleagues in creating plans that help children build positive behaviors in the classroom, and in life. About Learning Care Group, Inc. Learning Care Group is a leader in early childhood education, with more than 50 years of experience in inspiring children to love learning. Headquartered in Novi, Mich., the company is the second largest for-profit early education and care provider in North America. Learning Care Group provides early education and care for children ages 6 weeks to 12 years through ten unique brands: Childtime Learning Centers, The Children’s Courtyard, Creative Kids Learning Centers, Everbrook Academy, La Petite Academy, Montessori Unlimited, Pathways Learning Academy, Tutor Time Child Care/Learning Centers, U-GRO Learning Centres and Young School. It operates more than 950 schools (corporate and franchise) across 37 states, the District of Columbia and internationally, and has a capacity to serve more than 132,000 children. Learning Care Group supports child development for infants to school-agers through a comprehensive, research-based curriculum in a safe, nurturing, and fun school environment. It empowers children to be ready for school, instills a lifelong love of learning, and provides a foundation for the future. Learning Care Group also offers early education and child care programs for organizations, including onsite locations, as well as corporate partnerships and back-up care programs in its community-based schools. For more information, please visit www.learningcaregroup.com Contact: Lydia Cisaruk – Director of Communications, Learning Care Group; (248) 697-9140; lcisaruk@learningcaregroup.com A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/dc8c0868-5f06-4e2c-a6b5-234395f94f87

  • Novo Nordisk A/S purchases B shares worth DKK 2,586 million from Novo Holdings A/S under the 2021 share repurchase programme

    Bagsværd, Denmark, 7 May 2021 — Novo Nordisk A/S has today entered into an agreement to purchase 5,610,000 B shares of DKK 0.20 to a value of DKK 2,586 million from Novo Holdings A/S. This transaction is part of Novo Nordisk A/S’ 2021 share repurchase programme of up to a total of DKK 18 billion to be executed during a 12-month period beginning 3 February 2021. The transaction price is DKK 461.04 per share and has been calculated as the three-day volume weighted average market price from 5 May 2021 to 7 May 2021 in the open window following the announcement of Novo Nordisk A/S’ quarterly financial results. Prior to the sale of B shares, Novo Holdings A/S’ ownership of Novo Nordisk A/S was 28.5% of the share capital and 76.9% of the votes. Following the transaction, Novo Holdings A/S owns 537,436,000 A shares of DKK 0.20 and 116,129,000 B shares of DKK 0.20, corresponding to 28.3% of the capital and 76.8% of the votes in Novo Nordisk A/S. The transaction is in line with the announcement on 5 May 2021 that Novo Holdings A/S intends to maintain its ownership of Novo Nordisk A/S’ share capital around 28%. In addition, transactions related to Novo Nordisk’s incentive programmes have resulted in a net transfer from Novo Nordisk of 9,954 B shares in the period from 5 May 2021 to 7 May 2021. With the transactions stated above, Novo Nordisk A/S owns a total of 11,257,435 B shares of DKK 0.20, corresponding to 0.5% of the share capital, as treasury shares. The total amount of A and B shares in the company is 2,310,000,000 of DKK 0.20 including treasury shares. About Novo Holdings A/S Novo Holdings A/S is a private limited liability company wholly owned by the Novo Nordisk Foundation. It is the holding company of the Novo Group, comprising Novo Nordisk A/S and Novozymes A/S, and is responsible for managing the Novo Nordisk Foundation’s assets. Novo Holdings is recognized as a leading international life science investor, with a focus on creating long-term value. As a life science investor, Novo Holdings provides seed and venture capital to development-stage companies and takes significant ownership positions in growth and well-established companies. Novo Holdings also manages a broad portfolio of diversified financial assets. Further information: www.novoholdings.dk. About Novo Nordisk A/SNovo Nordisk is a leading global healthcare company, founded in 1923 and headquartered in Denmark. Our purpose is to drive change to defeat diabetes and other serious chronic diseases such as obesity and rare blood and endocrine disorders. We do so by pioneering scientific breakthroughs, expanding access to our medicines and working to prevent and ultimately cure disease. Novo Nordisk employs about 45,800 people in 80 countries and markets its products in around 170 countries. Novo Nordisk's B shares are listed on Nasdaq Copenhagen (Novo-B). Its ADRs are listed on the New York Stock Exchange (NVO). For more information, visit novonordisk.com, Facebook, Twitter, LinkedIn, YouTube. Further information Media: Mette Kruse Danielsen +45 3079 3883 mkd@novonordisk.com Michael Bachner (US) +1 609 664 7308 mzyb@novonordisk.com Investors: Daniel Muusmann Bohsen +45 3075 2175 dabo@novonordisk.com Valdemar Borum Svarrer +45 3079 0301 jvls@novonordisk.com Ann Søndermølle Rendbæk +45 3075 2253 arnd@novonordisk.com David Heiberg Landsted +45 3077 6915 dhel@novonordisk.com Mark Joseph Root (US) +1 848 213 3219 mjhr@novonordisk.com Company announcement No 31 / 2021 Attachment PR210507_NHAS_buyback

  • Doctors have the top paying jobs across US, report says. That’s not the case in DFW

    People in the region’s highest-earning position make nearly $253,000 a year on average, data show.

  • Election results live – Scotland majority for SNP ‘hangs in balance’ as London mayor race closer than expected

    Follow all the latest developments

  • India in process of securing commercial supplies of LMO from Gulf countries: Pradhan

    New Delhi [India], May 8 (ANI): Petroleum and Natural Gas Minister Dharmendra Pradhan on Friday said he had close consultations during the last week with his counterparts from some Gulf countries on ways to increase import of liquid medical oxygen (LMO) into India and deeply appreciates the initial gesture of goodwill with complimentary LMO supplies particularly from UAE, Kuwait, Bahrain and Saudi Arabia.

  • Eva Longoria's red bikini is a sexy tribute to 'Desperate Housewives'

    Eva Longoria rocked a red bikini on Instagram, saluting her Desperate Housewives character who loved diamonds and the happy hue. "Even #20YearsLater, she still knew red was her color," Longoria, 46, wrote on Instagram Friday, posting a photo of herself posing in a red one-shoulder bikini. Another slide featured her as Gabrielle Solis, the model turned housewife character who loved the color red (it's also Longoria's real-life favorite shade) on the ABC drama that ran for eight seasons until 2012. "#DesperateHousewives," she tagged the image with more than 91,000 likes.

  • Final 'FF7 Remake Intergrade' trailer offers a peek at the DLC chapter

    There's also a look at a new minigame.

  • Save an impressive $800 on this massive 75-inch 4K TV at Walmart

    At nearly 45 percent off, now's the time to buy one — or more: "Bought two of these bad boys," wrote a fan.

  • FA in talks with UEFA over moving Champions League final to UK

    Shapps said the British Government was “very open to hosting the final” between Manchester City and Chelsea.