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U.S. retail sales post largest gain in 10 months; weekly jobless claims fall

U.S. retail sales post largest gain in 10 months; weekly jobless claims fall

U.S. retail sales rose by the most in 10 months in March as Americans received additional pandemic relief checks from the government and increased COVID-19 vaccinations allowed broader economic re-engagement.
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Advocacy group urges Zuckerberg to cancel plans to launch Instagram for kids

Advocacy group urges Zuckerberg to cancel plans to launch Instagram for kids

An advocacy group on Thursday called on Facebook Inc Chief Executive Officer Mark Zuckerberg to not create a version of photo-sharing app Instagram for children who are under 13, as it would put them at "great risk".
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Former Puig president Mariano Puig dies

Former Puig president Mariano Puig dies

Businessman Mariano Puig, former president of Puig and architect of the multinational Catalan fragrance company's international expansion, has passed away at the age of 93. 
Fashion
Instagram launches test where users can choose to see likes

Instagram launches test where users can choose to see likes

Instagram is launching a small global test on Wednesday where users can choose whether to hide like counts on their own posts or other people's posts, a Facebook spokeswoman said.
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U.S. consumer prices post biggest gain in 8-1/2 years as economy reopens

U.S. consumer prices post biggest gain in 8-1/2 years as economy reopens

U.S. consumer prices rose by the most in more than 8-1/2 years in March as increased vaccinations and massive fiscal stimulus unleashed pent-up demand.
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China's Ant to become financial holding firm under enforced revamp

China's Ant to become financial holding firm under enforced revamp

China's Ant Group, the fintech giant whose $37 billion IPO was derailed by risk-wary regulators days before it was due to list in November, will restructure as a financial holding company.
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Self-driving truck startup TuSimple targets over $8 billion valuation in U.S. IPO

Self-driving truck startup TuSimple targets over $8 billion valuation in U.S. IPO

Self-driving truck startup TuSimple Holdings Inc said on Wednesday it was targeting a valuation of more than $8 billion in its U.S. initial public offering (IPO).
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Euro zone poised for five-year post-pandemic consumption boom

Euro zone poised for five-year post-pandemic consumption boom

The euro zone economy is poised for up to five years of private consumption above pre-pandemic levels once Europe's households are able to spend freely again, a European Central Bank policymaker forecast on Tuesday.
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Payments giant Stripe expands to Middle East with Dubai office

Payments giant Stripe expands to Middle East with Dubai office

Digital payments giant Stripe on Tuesday announced the opening of an office in United Arab Emirates financial capital Dubai, its first expansion into the Middle East region.
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U.S. factory orders decline in February

U.S. factory orders decline in February

New orders for U.S.-made goods fell in February, likely weighed down by unseasonably cold weather, though manufacturing remains strong as the economic recovery regains steam amid an improving public health situation.
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Japan Feb household spending seen down for third straight month

Japan Feb household spending seen down for third straight month

Japanese household spending likely dropped in February from a year earlier, falling for a third straight month, a poll found on Friday, suggesting emergency coronavirus measures kept a lid on consumer expenditure.
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Amazon illegally fired employees critical of work conditions, labor board finds

Amazon illegally fired employees critical of work conditions, labor board finds

Amazon.com Inc illegally fired two employees who advocated for better working conditions during the pandemic, the U.S. National Labor Relations Board has found.
Fashion
Millennials and global consumers push U.S. companies to get political

Millennials and global consumers push U.S. companies to get political

A push to attract young and diverse talent and global consumers is behind some of corporate America’s willingness to speak out on politically charged issues, executives and corporate governance experts said.
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CFDA and Swarovski Foundation launch award for innovation in sustainability

CFDA and Swarovski Foundation launch award for innovation in sustainability

The Council of Fashion Designers of America and the charitable foundation run by crystal maker Swarovski have partnered up to launch a $30,000 annual scholarship for fashion students innovating with sustainable systems.
Fashion
Biden proposes $2 trillion "once-in-a-generation" investment in U.S. economy

Biden proposes $2 trillion "once-in-a-generation" investment in U.S. economy

President Joe Biden on Wednesday called for a sweeping use of government power to reshape the U.S. economy and counter China's rise in a $2 trillion-plus proposal that has been met with swift political resistance.
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FashionNetwork.com's daily newsletters will return tomorrow

FashionNetwork.com's daily newsletters will return tomorrow

Due to a serious technical issue, FashionNetwork.com has been unable to deliver our recent newsletters. We are currently working to resolve this issue.
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