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Authorities bond yields are shifting as the main focus continues on financial talks
U.S. Treasury bond yields rose slightly Tuesday morning as investors watched the coronavirus stimulus move in Congress. The yield on the benchmark 10-year Treasury note rose to 0.936% at 5:05 a.m. ET, while the yield on the 30-year Treasury note rose to 1.694%. The returns move inversely to the prices. Government bond yields rose Tuesday…
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Uber sells self-propelled ATG unit to Aurora
Uber’s self-driving unit, Advanced Technologies Group (ATG), is being acquired by its start-up competitor Aurora Innovation, the companies said on Monday. The deal, which is expected to close in the first quarter of 2021, values ATG at around $ 4 billion. The unit was valued at $ 7.25 billion in April 2019 when Softbank, Denso…
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Biden’s plan to cancel pupil debt may have restricted financial advantages and dangers
U.S. President-elect Joe Biden shows reporters as he arrives to announce candidates and candidates for his economic policy team at his interim headquarters in Wilmington, Delaware, U.S., December 1, 2020. Leah Millis | Reuters If President-elect Joe Biden keeps his campaign promise to provide student loans to many borrowers, he will tick an important box…
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US inventory futures fell barely after Friday’s report session
Traders work on the trading floor of the New York Stock Exchange. NYSE US stock futures were slightly lower early Monday after a record session as Wall Street searched for evidence of additional tax aid. Dow Jones Industrial Average futures traded 74 points, or 0.25%, lower. The S&P 500 was lower 0.25% and the Nasdaq…
