Tech stocks lead sell-off – Houston Chronicle

Wednesday’s strong rally mostly wiped out in another volatile day


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Apollo Commercial Real Estate Finance, Inc. Declares Quarterly Common Stock Dividend

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NEW YORK, Sept. 16, 2020 (GLOBE NEWSWIRE) — Apollo Commercial Real Estate Finance, Inc. (the “Company”) (NYSE:ARI) today announced the Board of Directors declared a dividend of $0.35 per share of common stock, which is payable on October 15, 2020 to common stockholders of record on September 30, 2020.

About Apollo Commercial Real Estate Finance, Inc.
Apollo Commercial Real Estate Finance, Inc. (NYSE: ARI) is a real estate investment trust that primarily originates, acquires, invests in and manages performing commercial first mortgage loans, subordinate financings and other commercial real estate-related debt investments. The Company is externally managed and advised by ACREFI Management, LLC, a Delaware limited liability company and an indirect subsidiary of Apollo Global Management, Inc., a leading global alternative investment manager with approximately $414 billion

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American Financial Group, Inc. Management to Participate in the 2020 Keefe, Bruyette & Woods Virtual Insurance Conference

American Financial Group, Inc. (NYSE: AFG) announced today that Carl H. Lindner III and S. Craig Lindner, Co-Chief Executive Officers, and Brian S. Hertzman, Senior Vice President & Chief Financial Officer, will participate in the 2020 Keefe, Bruyette & Woods Virtual Insurance Conference on Wednesday, September 9, 2020.

While there will be no Company presentation, AFG will host several investor meetings in this virtual setting. The investor material to be used in the meetings will be posted via a link under Events on the Investor Relations page of AFG’s website,, just prior to the conference.

About American Financial Group, Inc.

American Financial Group is an insurance holding company, based in Cincinnati, Ohio with assets of approximately $70 billion as of June 30, 2020. Through the operations of Great American Insurance Group, AFG is engaged primarily in property and casualty insurance, focusing on specialized commercial products for businesses, and in

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Connecticut Money: Turnaround underway for U.S. economy

After a stellar 2019, the U.S. economy crashed through the floor this year amid the global coronavirus pandemic, as “stay at home” orders sent unemployment soaring and had businesses reeling. The third quarter has brought some relief, but at the end of August many businesses remained closed and many people remained out of work.

GDP (gross domestic product) plummeted 31.7 percent in the second quarter, by far the worst performance in history, according to the U.S. Bureau of Economic Analysis (BEA). That followed a 5 percent drop in the first quarter. March and April were stay-at-home months,

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Best Personal Loan Rates for September 2020

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Advertised & Editorial Rates: This table includes two types of listings: ads that we may be paid for (“advertiser listing”); and listings that we research and publish to provide a more holistic view of market rates (“editorial listings”). Here’s how to tell the difference: if you see a clickable button, such as a green “Next” button, that is an advertiser listing, and if you do not see a clickable button, it’s an editorial listing. For more information, see our Advertising Disclosure

Accuracy of Advertised Terms: Each advertiser is

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3 Reasons Not to Sell ExxonMobil Stock

ExxonMobil‘s (NYSE:XOM) troubles don’t seem to be ending. Rising debt levels and mega capital spending plans in an unfavorable oil price environment led to a steep fall in the stock’s price over the past few years. Its removal from the Dow Jones Industrial Average Index has further aggravated investors’ concerns about the oil giant, which at one time was the largest listed company by market capitalization. ExxonMobil stock has fallen more than 40% in 2020. But there are reasons why you shouldn’t sell this stock just now.

1. A stronger balance sheet than global peers

One key factor that contributed to ExxonMobil’s survival for more than 100 years is its financial discipline. With rising debt levels recently, though, investors are concerned that ExxonMobil isn’t keeping up on this front. Consistently low oil and gas prices have impacted the company’s earnings in the last few years, but it has proceeded

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Unum finds more than half of U.S. workers forego disability insurance, leave income at risk

“People are more likely to protect their homes, phones, or cars than their most important asset: their income,” said Chris Pyne, executive vice president of Group Benefits at Unum. “But without a paycheck, they likely wouldn’t even have these other assets.”

As for why people lack the protection, a third of workers (33%) say they’re healthy and don’t need it, 29% say they can’t afford it, 11% don’t see the value in it, and 10% don’t know what it covers.1 Of those who had to file a disability claim within the past five years, 99% were glad they had disability coverage.

Workers have a one in four chance of suffering a disability before they retire, according to the Council for Disability Awareness.Today, those chances could be higher with nearly 6 million confirmed cases of COVID-19 as of August 2020.4 The unpredictable coronavirus pandemic underscores

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Treasury says it aims to fix problem that blocked money for NY firefighters with 9/11 illnesses

WASHINGTON — The U.S. Treasury Department says it’s working to fix an administrative problem that has blocked some payments for medical services to New York City 9/11 survivors, including firefighters and paramedics, for almost four years.

a group of people standing on top of a snow covered road

© Provided by NBC News

The New York Daily News reported Thursday that the Treasury Department “started withholding parts of payments — nearly four years ago — meant to cover medical services for firefighters, emergency medical technicians and paramedics treated by the FDNY World Trade Center Health Program.”

In June, Rep. Peter King, a Republican from New York City’s Long Island suburbs, sent a letter to Treasury Secretary Steven Mnuchin to “express my concerns regarding the Treasury Department’s withholding of $1.5 million in reimbursements to the New York City Fire Department (FDNY) for health care provided to firefighters who are sick and injured due to the toxins they encountered at Ground Zero.” King told

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Best Personal Loans of September 2020

The best personal loan lenders offer great loan products at a low interest rate, but they are not the only game in town. If you need money to fund a project or pay an unexpected expense, here are two other options:

Credit cards

A credit card can provide fast cash in an urgent situation. If you qualify for a card with a 0% APR introductory offer, you have months (generally between 12 and 18) to pay the debt off with no interest. One caveat: Never use a credit card with a 0% transfer offer unless you are confident you can pay it off in full before the promotional rate expires and the interest rate shoots up to its standard rate.

Secured line of credit 

A secured line of credit can help you snag the best rates for personal loans. That’s because a secured line of credit requires you to

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After Jane Fraser at Citigroup, Who’s Next to Break Banking’s Glass Ceiling?

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Citigroup made history by appointing Jane Fraser as its next chief executive, making her the first woman to lead a major Wall Street bank when she takes over early next year. That makes us wonder: Who’s next? Here are some of the top contenders to break the glass ceiling in banking:

Executives who might take over their current companies:

Marianne Lake: A two-decade veteran of JPMorgan Chase, she now heads the firm’s enormous consumer-lending business. She was previously C.F.O., and after an executive shake-up last year has been considered a top contender to succeed Jamie Dimon.

Jennifer Piepszak: She succeeded Ms. Lake as JPMorgan’s C.F.O. last year as part of the executive reshuffle. Previously, the 25-year veteran of the firm ran Chase’s credit-card business. Like Ms. Lake, she is seen as a leading

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