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Top News In ஊட்டி ப்ரெஸிடெஂட் பேட்ரிக் ஹார்‌கர் Today - Breaking & Trending Today

Mid-Day Market Update: Crude Oil Rises Over 1%; BioXcel Therapeutics Shares Plummet

Mid-Day Market Update: Crude Oil Rises Over 1%; BioXcel Therapeutics Shares Plummet
benzinga.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from benzinga.com Daily Mail and Mail on Sunday newspapers.

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Mid-Morning Market Update: Markets Open Higher; CarMax Profit Beats Views

Mid-Morning Market Update: Markets Open Higher; CarMax Profit Beats Views
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US Treasury yields rise, but hold below one-year highs of last week

US Treasury yields rise, but hold below one-year highs of last week
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NewsNow: US Banking Regulation news | Breaking News 24/7

NewsNow: US Banking Regulation news | Breaking News 24/7
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WRAPUP 1-Fed policymakers see rebound ahead, even if no herd immunity

5 Min Read
Feb 11 (Reuters) - A slower-than-expected vaccine rollout and the rise of coronavirus variants may make attaining herd immunity against COVID-19 difficult, but that should not stop the economy from rebounding, according to a U.S. central banker Thursday.
“I don’t think the economy requires herd immunity,” Richmond Federal Reserve Bank President Thomas Barkin told Reuters Thursday. “Consumers who get vaccines, who have money in their pockets.are going to be free to spend,” he said.
Analysts have long predicted economic activity will pick up as more people are vaccinated, but hopes for a quick path to a fully immunized populace have faded amid vaccine shortages and other roadblocks. President Joe Biden said earlier this week it will be “challenging” for the economy to reach herd immunity by summer’s end. Barkin’s remarks signal a growing understanding that an economic rebound and an ongoing pandemic are not mutually exclusive realities. ....

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