Treasury yields rise, 10-year climbs to 1.23%

There are no major economic releases due out on Wednesday. Auctions are scheduled to be held on Wednesday for $30 billion of 119-day bills and $24 billion of 20-year bonds. U.S. Treasury yields rose on Wednesday morning, with the 10-year rate climbing to 1.23%. The yield on the benchmark 10-year Treasury note added 2 basis […]

Home insurance company Kin to go public via SPAC merger

Direct-to-consumer home insurance technology company Kin Insurance is going public through a reverse merger with Omnichannel Acquisition Corp. The agreement values Kin Insurance at roughly $1.03 billion. Kin's technology-first approach enables customers to insure homes online within minutes. In this article OCA Direct-to-consumer home insurance technology company Kin Insurance is going public through a reverse […]

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Youth brain activation data from the largest longitudinal neuroimaging study to date provides valuable new information on the cognitive processes and brain systems that underlie adolescent development and might contribute to mental and physical health challenges in adulthood. The study published today online in Nature Neuroscience. Because of the notable brain, cognitive, is generic norvasc […]

Market comeback rally gains steam with the Dow jumping 400 points

U.S. stocks jumped on Friday, rebounding for a second day led by technology shares and reopening trades after Wall Street started the week with big losses. The Dow Jones Industrial Average climbed 400 points. The S&P 500 gained 1.6%. The tech-heavy Nasdaq Composite, the relative underperformer for the week, snapped back by 2.5%. The major […]

Economy surges to start the year as GDP jumps 6.4% in the first quarter

First-quarter GDP for 2021 increased at a 6.4% rate, just below the Dow Jones estimate. That marked the second-fastest pace for growth since the second quarter of 2003 and was exceeded only by the reopening-fueled burst of Q3 in 2020. Initial jobless claims fell to a fresh pandemic-era low but were higher than expected. Economic […]

Treasury yields fall following Fed Chair Powell's comments on the economy

Fed Chair Powell and Treasury Secretary Janet Yellen are due to make their first joint appearance in front of the U.S. House Committee on Financial Services at 12 p.m. ET on Tuesday. In prepared remarks, Powell said that the economic recovery from the pandemic had "progressed more quickly than generally expected and looks to be […]

NY Gov. Cuomo's little brother silent on big brother's nursing home scandal

New Yorker who lost mother-in-law in nursing home blasts ‘disgrace’ Cuomo Robin Hepworth tells ‘Hannity’ correspondent Lawrence Jones embattled governor ‘needs to resign’ CNN’s Chris Cuomo is remaining silent on the nursing home scandal surrounding his big brother, New York Gov. Andrew Cuomo. Since the scandal broke last week, Cuomo has neither mentioned it on his […]

Stock futures higher following best week since November

U.S. stock index futures rose in overnight trading on Sunday, as the major averages looked to accelerate gains following the best week since November. Futures contracts tied to the Dow gained 105 points, or 0.37%. S&P 500 futures were 0.4% higher, while Nasdaq 100 futures advanced 0.38%. The S&P 500 closed at a record high […]