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Wednesday, April 01, 2015

THE WORLD'S FINANCIAL NEWS ON APRIL 1, 2015.



On this first day of the second quarter, stocks try to get off to a winning start, after the Dow slipped into negative territory on the last day of March. The S&P 500 and Nasdaq held on their first quarter gains. (CNBC)

The first of two major jobs reports is out at 8:15 a.m. ET this morning, withADP private payrolls data. It's often seen as a preview of the government's employment report, which is released on Friday. (CNBC)

Warren Buffett said he would not raise interest rates significantly if he ran the Fed. The billionaire investor also talked about his new auto dealership business, food mergers, Iran, and the "religious freedom" measures. (CNBC)

Two billionaires join CNBC's "Squawk Box" this morning: Sam Zelluntil 9 a.m. ET and Mark Cuban at 8:30 a.m. ET.

The dollar index, tracking against a basket of six other currencies, rose nearly 9 percent in the the first three months of the year, for the best quarter since the third quarter of 2008. (CNBC)

Oil prices were under pressure this morning, with the extension of the Iran nuclear talks. But the six nations, including the U.S., and Tehran failed to agree on crucial details such as the lifting of U.N. sanctions. (CNBC & Reuters)

The CEO of Wal-Mart (WMT) is asking the governor of Arkansas to veto a "religious freedom" measure-similar to the law in Indiana that's created a firestorm of concern over discrimination. (Reuters)

Apple (AAPL) has just received a patent for using facial recognition to unlock a mobile device. Smartphones powered by Google's (GOOG) Android have a similar unlocking feature. (Re/code)

GoDaddy (GDDY) makes its Wall Street debut today, after pricing its IPOabove the expected range at $20 a share-the Internet services company at about $4.5 billion including debt. (CNBC)

Despite volatility in rates, mortgage applications moved decidedly higher last week, continuing their strong stride into spring. Total volume increased 4.6 percent, according to the Mortgage Bankers Association (MBA).

Billionaire Manhattan developer Howard Milstein and New Jersey real estate veteran Carl Goldberg are planning to make a rival $88 million bid for Atlantic City's bankrupt Revel casino. (AP)

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