The FINANCIAL — Mortgage rates sharply fell this week reaching a new record low. Following the trend of the 10-year Treasury yield, the 30-year fixed-rate mortgage dropped to average 2.81% this week from 2.87% the prior week. During the pandemic, many Gen
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The FINANCIAL — L Brands reportedly is close to a deal to sell control of Victoria’s Secret to Sycamore Partners. L Brands is expected to keep a 45 per cent stake in the separate company, which will include the Pink chain. Meantime,
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