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  • Suze Orman: Stimulus checks are for survival, not the stock market
    Yahoo Money

    Suze Orman: Stimulus checks are for survival, not the stock market

    Coronavirus stimulus checks should be spent on necessary expenses and not invested in the stock market, according to personal finance expert Suze Orman.

  • Reuters

    TREASURIES-Yields retreat after 10-year hits near 13-month high

    "Certainly when you see this kind of employment situation, you see January get revised higher, those who have inflation fears, this is a little bit of an arrow in their quiver, if you will," said JJ Kinahan, chief market strategist at TD Ameritrade in Chicago. "On top of a lot of the other good news we are getting, on top of the fact it does look like we are closer to a stimulus plan, a lot of money continuing to slosh around in the economy does give some credence to these inflation fears." The yield on 10-year Treasury notes was up 0.9 basis points to 1.559%.

  • AM Best Withdraws Credit Ratings of Georgia Casualty & Surety Company
    Business Wire

    AM Best Withdraws Credit Ratings of Georgia Casualty & Surety Company

    AM Best has withdrawn the Financial Strength Rating of A-(Excellent) and the Long-Term Issuer Credit Rating of "a-" of Georgia Casualty & Surety Company (GCS) (Johns Creek, GA) following its Feb. 1, 2021, acquisition by Builders Mutual Insurance Company. No final Credit Rating (rating) action was taken due to GCS effectively being sold as a shell. The existing ratings of the members of Columbia Insurance Group are unchanged.