BlackRock‘s Rick Rieder told CNBC on Tuesday he frequently has discussions about whether the U.S. economy will run too hot, too fast in its recovery from the coronavirus pandemic. “Listen, every client call I’m on including the one I just finished … is talking about overheating,” the chief investment officer of global fixed income at the world’s
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Dogecoin (DOGE) has been the poster child of altcoins for a very long time, particularly as it’s been around since 2013, making it one of the oldest cryptocurrencies in existence. The inflationary meme-coin quickly became synonymous with wild price pumps due to its small nominal value and concentrated holdings. Doge starts altseason by the way
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Fiscally solvent school districts Illinois increased in fiscal 2020 even as they navigated COVID-19’s impact on operations. Of the state’s 851 districts, 728 landed in the top category of financial recognition based on fiscal 2020 results, up from 706 for fiscal 2019 and 697 in 2019, according to the Illinois Board of Education’s 2021 fiscal
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Pfizer made $3.5bn from Covid-19 vaccine sales in the first quarter and boosted its full-year expectations for revenue from the jabs to $26bn from $15bn as it reported its quarterly earnings on Tuesday. The US pharmaceutical company, which splits its Covid vaccine profits with its development partner BioNTech, raised its overall full-year revenue guidance to
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Municipal secondary markets were lightly traded and benchmark yields were little changed on a quiet Monday in which U.S. Treasuries were slightly stronger and all muni eyes are on the week’s new-issues, led by large state general obligation deals along with a diversity of credits from which to choose. This month brings a larger calendar
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The EU and India plan to revive long-stalled talks on a comprehensive trade deal as they seek to deepen economic ties and respond to China’s rise.  The two sides could announce as soon as Saturday the relaunch of negotiations that were suspended in 2013 amid disagreements over tariff rules for car parts and free-movement rights
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At CNBC’s Stock Draft, an annual stock-picking competition, bitcoin was the number one pick. Tim Seymour, the founder of Seymour Asset Management, believes that the government will come out with regulations that support bitcoin. He is confident that the cryptocurrency will take him “to the top” this year. Bitcoin Was Top Pick at Annual Stock
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