NewsWatch: Dow retreats from record while surge in bond yields sends Nasdaq down 3%


Stocks finish sharply lower Thursday as another jump in U.S. Treasury yields meeting, reflected expectations for faster economic recovery and inflation, fueling more rotation into sectors likely to benefit from business sectors reviving from the pandemic. rather than technology stocks that benefited from last year’s work-from-home trend. See full story.

NFL signs $110 billion media rights deal — Amazon will get exclusive rights to Thursday Night Football

Amazon Prime Video will get exclusive rights to Thursday Night Football as part of the deal. See full story.

Biden touts meeting goal of 100 million vaccine shots well before 100-day mark

President Joe Biden on Thursday celebrates that his administration is set to achieve his goal of administering 100 million COVID-19 vaccine shots in his first 100 days in office. See full story.

IRS: We’ll delay April 15 tax-filing deadline by one month — but there’s one caveat

The IRS has already received more than 55 million tax returns. See full story.

Biden administration to cancel $1 billion in student-loan debt held by scammed borrowers

Borrowers who requested loan forgiveness but got only partial relief under former Secretary of Education Betsy DeVos will have their debts wiped away. See full story.


May 17 is the new date to file 2020 income taxes and pay any amount due, but some workers may have to send the IRS money before then. See full story.

: Online grocer Ocado dismisses Amazon as a ‘very small competitor’ ahead of first Kroger warehouse launch

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