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Bonds are stuck in a rut as Fed waits to cut rates

More than 80% of U.S. investment-grade corporate bonds are still trading at a discount, according to BondCliQ Source link

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Reddit prices IPO at $34 a share, at high end of its target range

Reddit is poised to take the plunge into public markets after announcing pricing for its closely-watched initial public offering. Source

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Five Below’s stock sinks on full-year forecast as company blames weaker profits on theft

Shares of teen-centric discount retailer Five Below Inc. sank on Wednesday after the company forecast full-year profit and sales that

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Trump’s reasons for not putting up $454 million appeals bond are bogus, New York attorney general says

Letitia James said Trump’s explanation for his inability to secure a $454 million bond doesn’t fly, pointing to other, bigger

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Treasury yields still broadly lower after Fed decision

Treasury yields remained lower on Wednesday soon after the Federal Reserve left interest rates unchanged and signaled that three quarter-point

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Washington should be helping businesses that want to transfer their retiree pension payments

U.S. Labor Department pension report may run counter to life insurance industry practices. Source link

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My mother-in-law will leave her house to her five grandchildren rather than her two sons. But her elder son won’t move out of her home. Is this a bad sign?

“There is concern that he will not sell her home but will decide to live in it himself.” Source link

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Biden’s EPA rolls out regulation that aims to boost sales of EVs

President Joe Biden’s administration on Wednesday released a much-anticipated final rule on tailpipe emissions for new passenger vehicles, putting forward

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Best places to retire for people who love wine country

There are beautiful retirement spots across the country and in a range of budgets Source link

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General Mills’ stock jumps after profit beat as price gains offset volume drop

General Mills’ stock jumped Wednesday, after the consumer-foods company reported fiscal third-quarter profit that rose above expectations, as price increases and