The Week in Review
Futures started this week roughly flat after a volatile, yet strong previous week for the markets. Investors monitored treasury yields, along with benefits of stimulus.
Fed commentary on Wednesday alleviated rate hike fears and reinforced a strong economic outlook.
Toward the end of the week, rising treasury yields weighed on growth/tech stocks, and sentiment was further dampened by disappointing jobless data.
The Fed failed to extend relief to banks, which may lead them to sell more investments. This drove up treasury yields.
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This Week’s Top Stories
No one could have predicted how the last year unfolded for the housing market. Looking ahead, there are still many unanswered questions. Read about housing market trends over the past year and what to expect as mortgage rates climb and the labor market regains strength.
Two venture-backed health tech companies, Grand Rounds and Doctor On Demand, are merging. Grand Rounds was most recently valued at $1.34 billion and Doctor On Demand was last valued at $820 million. Learn more about this deal and about the future of the telehealth industry.
For over a year, millions of Americans have been working from home. Zoom fatigue and the difficulties of juggling childcare and other responsibilities while working have taken a toll on many. Now, as more people receive COVID-19 vaccines, some companies are making plans for how to bring people back to offices safely. Learn about how Goldman Sachs, Ford, Uber, and other employers are approaching WFH policies this summer.
Deep Dives from SoFi Learn
If you’re wondering how to afford a down payment, or how much the average down payment on a house is, our guide can answer your questions. Read How to Afford a Down Payment on Your First Home for more info.
A self directed 401(k) plan allows you to add alternate investments to your portfolio, such as real estate. Read more about self directed 401(k) rules and options.
Learning how to coupon can help you save money every week. And it isn’t as hard—or as time-consuming—as you may think. Here are some coupon tips for beginners.
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