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10-Year Treasury Yield Hits 1.75% Following Hot Inflation Reading

10-Year Treasury Yield Hits 1.75% Following Hot Inflation Reading

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The 10-year U.S. Treasury yield hit 1.75% after an inflation report showed that consumer prices rose at their fastest pace since 1982.
Pepco Group Quarterly Revenue Rises on 161 Store Openings

Pepco Group Quarterly Revenue Rises on 161 Store Openings

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Pepco Group, the owner of PEPCO, Poundland, and Dealz discount retailer brands in Europe, posted a 12% rise in its quarterly total revenue.
Fintech Firm Checkout's Valuation Touches $40 Bln After Latest Funding

Fintech Firm Checkout’s Valuation Touches $40 Bln After Latest Funding

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Checkout.com said its valuation more than doubled to $40 billion in a year, following a $1 billion investment in the financial technology.
Pfizer to Cut U.S. Sales Staff As Meetings with Healthcare Providers Move to Virtual

Pfizer to Cut U.S. Sales Staff As Meetings with Healthcare Providers Move to Virtual

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Pfizer said it is reducing its U.S. sales staff as it expects doctors and other healthcare providers to want fewer face-to-face interactions.
Citi to Exit Mexican Consumer Business as Part of Strategy Revamp

Citi to Exit Mexican Consumer Business as Part of Strategy Revamp

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Citi bank said ending its 20-year retail presence in the country that was the last of its overseas consumer businesses.
U.S. New Vehicle Prices Hit Record High in December – Kelley Blue Book

U.S. New Vehicle Prices Hit Record High in December – Kelley Blue Book

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The average transaction price of new vehicles in the United States shot up nearly 14% in December from the previous year.
Evergrande: Real Estate Giant Moves From Shenzhen Head Office To Cut Costs

Evergrande: Real Estate Giant Moves From Shenzhen Head Office To Cut Costs

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Cash-strapped Chinese real estate giant Evergrande has moved out of its Shenzhen headquarters to cut costs.
Tesla Surmounts Supply Chain Woes with Blockbuster Q4 Deliveries

Tesla Surmounts Supply Chain Woes with Blockbuster Q4 Deliveries

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Tesla Inc on Sunday reported record quarterly deliveries that far exceeded Wall Street estimates. Know more.
Shell Pursues $7 Billion Buyback ‘At Pace’ Despite LNG Troubles

Shell Pursues $7 Billion Buyback ‘At Pace’ Despite LNG Troubles

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Royal Dutch Shell said it will pursue its $7 billion share buyback program after selling its U.S. shale business "at pace".
AI Startup Fractal Becomes Unicorn with $360 Million Investment from TPG

AI Startup Fractal Becomes Unicorn with $360 Million Investment from TPG

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Fractal, an artificial intelligence (AI) and analytics solutions firm, has raised $360 million from private equity firm TPG.

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