Tellwut US Newsletter - 50 Exclusive Points - April 16 2021
$1,400 stimulus checks helped March retail sales soar 9.8%
Newly vaccinated and armed with $1,400 stimulus checks, Americans went on a spending spree last month, buying new clothes and going out to eat again. Retail sales surged a seasonally adjusted 9.8% in March after dropping about 3% the month before, the Commerce Department said Thursday. The increase was the biggest since May of last year, when stores reopened after closing at the start of the pandemic.
Johnson & Johnson COVID-19 Vaccine In Limbo As Officials Seek Evidence
Johnson & Johnson’s COVID-19 vaccine will remain in limbo for a while longer after government health advisers declared Wednesday that they need more evidence to decide if a handful of unusual blood clots were linked to the shot — and if so, how big the risk really is. The reports are exceedingly rare — six cases out of more than 7 million U.S. inoculations with the one-dose vaccine. But the government recommended a pause in J&J vaccinations this week.
Child safety groups ask Facebook to scrap plans for Instagram for kids
An international coalition of public health and child safety advocates urged Facebook executives Thursday to abandon plans to launch a version of Instagram for children under age 13 because its members feared it would put young users at "great risk."
Survey: 39% of Americans Say Netflix Has Best Original Content of All Streaming Services
Netflix’s multibillion-dollar content spending continues paying off: The lion’s share of U.S. consumers say the streamer has the best original programming, according to a new Morgan Stanley survey. Netflix remains the most frequently cited as offering the best original programming — with 38% of survey respondents picking it as No. 1.
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