More Pain on Horizon for Dollar Bears Pummeled by Rising Yields

More Pain on Horizon for Dollar Bears Pummeled by Rising Yields

The Bloomberg Dollar Spot Index on Monday touched the highest in more than three months. The move is an offshoot of surging Treasury yields, which are luring dollar buyers betting the Biden administration’s $1.9 trillion spending package will fuel economic …
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Apollo-Athene merger billed as 'natural progression'

Apollo Global Management agreed to acquire Athene Holding in an all-stock deal valuing Athene at roughly $11 billion, the companies said Monday. Apollo was already the annuity seller’s biggest shareholder, with the firm and related entities owning a 35% …
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Pittsburgh moves to cloud-based services powered by Google

The idea is to save money and improve the online services the city uses for residents, Molly Onufer, Mayor Bill Peduto’s assistant communications director, said. If they see a need for a new online application …
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GameStop and Workhorse Group Are Leading the Stock Market Higher Because Investors Love These Business Moves

With stimulus legislation apparently moving forward, Americans should get a boost to their financial situation, but how far that will go remains to be seen. As of 11:15 a.m. EST, the Dow Jones Industrial Average (DJINDICES: ^DJI) was up 406 points to 31,902.
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Mortgage Rates Hit Highest Level Since July

Throughout most of last year, mortgage rates were in free fall. Interest rates repeatedly hit record lows never seen before. This drove a refinancing boom and helped some buyers afford to purchase new homes even as property values also rose.
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