U.S. President Donald Trump purchased about $100 million in municipal and corporate bonds from mid-November to late December, his latest disclosures showed, including up to $2 million in ?Netflix (NFLX) and Warner Bros Discovery (WBD) bonds just weeks after the companies announced ?their merger.
U.S. President Donald Trump purchased about $100 million in municipal and corporate bonds from mid-November to late December, his latest disclosures showed, including up to $2 million in ?Netflix (NFLX) and Warner Bros Discovery (WBD) bonds just weeks after the companies announced their ?merger.
U.S. Federal Reserve Vice Chair Philip Jefferson, responding to the Department of Justice subpoena of Fed Chair Jerome Powell, said on Friday he considered Powell to be "of the highest integrity."
U.S. Federal Reserve Vice Chair Philip Jefferson, responding to the Department of Justice subpoena of Fed Chair Jerome Powell, said on Friday he considered Powell to be "of the highest integrity."
US equity indexes slipped, while government bond yields jumped on Friday after reports that National Economic Council Director Kevin Hassett may not be the frontrunner to become the next chair of the Federal Reserve.
US equity indexes closed lower this week amid divergent bank earnings, hot-and-cold inflation data, and the threat to the Federal Reserve's independence from a Department of Justice probe. * The S&P 500 closed at 6,940.01 on Friday versus 6,966.28 a week ago.
Major US equity indexes eased Friday as government bond yields rose after President Donald Trump signaled Kevin Hassett, the National Economic Council director, may remain in his current role and is no longer the frontrunner to become the next chair of the Federal Reserve.
Inter & Co Inc (INTR): * ?SAYS IT ?RECEIVED FEDERAL ?RESERVE ?APPROVAL ?TO ESTABLISH U.S. BANKING ?BRANCH - ?STATEMENT. * APPROVAL ALLOWS ?INTER ?TO ?ESTABLISH A BRANCH IN ?MIAMI, FLORIDA. * MOVE WILL EXPAND ?INTER'S ?CROSS-BORDER CAPABILITIES AND BROADEN ITS ?RANGE OF FINANCIAL SERVICES Source text: [ID: nGNX69fhlW] Further ?company coverage:
At the onset of the COVID-19 pandemic, the U.S. Federal Reserve slashed interest rates and used massive bond purchases to flood financial markets with liquidity to try to offset the actual and potential economic devastation from the health emergency.
* Fed transcripts reveal some internal division not previously known. * Policymakers adopted an all-in approach to battle crisis. * Political independence became a more prominent concern by June.
US equity indexes were muted to mixed, while government bond yields jumped ahead of Friday's close after it emerged that National Economic Council Director Kevin Hassett may not be the frontrunner to become the next chair of the Federal Reserve.
Financial stocks were advancing in late Friday trading, with the NYSE Financial Index adding 0.5% and the State Street Financial Select Sector SPDR ETF up 0.2%. The Philadelphia Housing Index was down 0.7%, and the State Street Real Estate Select Sector SPDR ETF gained 1.2%. Bitcoin was declining 0.6% to $94,994, and the yield for 10-year US Treasuries climbed 7 basis points to 4.23%. In econom...
Inter, the financial institution serving more than 41 million customers, has received regulatory approval from the Florida Office of Financial Regulation and the Federal Reserve to establish a state?licensed international banking branch in Florida, marking a significant milestone in its international expansion.
The Federal Reserve should keep the door open to interest rate cuts amid a fragile labor market, Vice Chair for Supervision Michelle Bowman said Friday. While the US economy continues to grow at a strong pace, the labor market has become "increasingly more fragile," Bowman said in prepared remarks for delivery in Massachusetts.
* Yields edge up, remain range-bound. * Bowman says Fed should be ready to cut rates. * Trump says he may keep Hassett in current role. By Chuck Mikolajczak. U.S. Treasury yields advanced on Friday and were poised for a weekly advance as investors weighed mixed economic data and unprecedented pressure from the White House to lower interest rates.
Federal Reserve Vice Chair Philip Jefferson on Friday appeared to signal his support for leaving short-term borrowing costs unchanged at the central bank's January 27-28 meeting, saying he is "cautiously optimistic" about the economy, the labor market and inflation in the coming year ?now that the Fed's rate cuts have put monetary policy in the range of neutral.
Financial stocks were advancing in late afternoon trading Friday, with the NYSE Financial Index adding 0.5% and the State Street Financial Select Sector SPDR ETF up 0.2%. The Philadelphia Housing Index was shedding 0.7%, and the State Street Real Estate Select Sector SPDR ETF gained 1.2%. Bitcoin was declining 0.6% to $94,994, and the yield for 10-year US Treasuries climbed 7 basis points to 4....
* Polymarket betting site favors Warsh for Fed Chair role. * Japan considers intervention to counter yen weakness. * Takaichi plans snap election to gain support for fiscal policies. By Karen Brettell.
According to Avery Shenfeld, in his 'Week Ahead' market call, a 0.4% drop on Monday in the CPI for December would represent a trend-like 0.2% rise in seasonally adjusted terms, and leave the 12-month rate at 2.2%. He said that's "quite favourable" given that there's an upward bias in the 12-month figure because the prior December benefited from a short lived sales tax holiday on items like rest...
US benchmark equity indexes were higher intraday as markets evaluated shifting dynamics in the race to replace Jerome Powell as Federal Reserve chair. The S&P 500 and the Nasdaq Composite were up 0.2% each at 6,956.1 and 23,571.8, respectively, after midday Friday.
Foothill-Eastern Transportation Corridor Agency, one of two toll systems operated by The Transportation Corridor Agencies, received a ratings boost to A3.
Financial stocks were advancing in Friday afternoon trading, with the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF each rising 0.7%. The Philadelphia Housing Index was down 0.5%, and the State Street Real Estate Select Sector SPDR ETF rose 1.1%. Bitcoin was declining 0.9% to $95,117, and the yield for 10-year US Treasuries was rising 5.7 basis points to 4.22%. In e...
A squabble between the U.S. Department of Transportation and the state of Maryland appears to be moving towards a resolution which effects two major bridges in the Washington D.C. ? Baltimore region.
US industrial production increased more than expected in December, led by a rebound in utilities, data from the Federal Reserve showed Friday. Industrial output rose 0.4% last month following a similar, upwardly revised pace of growth in November. Utilities output expanded 2.6% in December following a 0.3% contraction the month before, underpinned by gains in natural gas, the Fed said.
US equity indexes were muted to mixed in midday trading on Friday amid strong gains in government bond yields, as President Donald Trump appeared to signal National Economic Council Director Kevin Hassett may not be the next head of the Federal Reserve.
Financial stocks were advancing in Friday afternoon trading, with the NYSE Financial Index rising 0.6% and the State Street Financial Select Sector SPDR ETF adding 0.7%. The Philadelphia Housing Index was down 0.5%, and the State Street Real Estate Select Sector SPDR ETF rose 1%. Bitcoin was declining 0.6% to $95,049, and the yield for 10-year US Treasuries was rising 6 basis points to 4.22%. I...
* Manufacturing production increases 0.2% in December. * Slump in motor vehicles output is offset by jump in primary metals. * Industrial production rises 0.4% as utilities provide a boost. By Lucia Mutikani.
Bringing the Human Edge to AI Transformation, the global workforce leader joins world leaders to advance practical solutions and close the skills gap. MILWAUKEE, Jan. 16, 2026 ?As artificial intelligence reshapes every industry, a critical gap is emerging.
Federal Reserve Vice Chair for Supervision Michelle Bowman warned that labor market conditions could weaken further and said the central bank should avoid signaling a pause in monetary policy.
US equity indexes were mixed in midday trading on Friday amid gains in government bond yields. The Nasdaq Composite rose 0.2% to 23,572.2, with the S&P 500 up 0.2% to 6,955.1, while the Dow Jones Industrial Average was little changed at 49,458.6. Materials, utilities, and consumer staples were among the steepest decliners.
* Yields edge up, remain range-bound. * Several Fed officials due to speak on Friday. * Trump says he may keep Hassett in current role. By Chuck Mikolajczak. U.S. Treasury yields rose on Friday and were on pace for a weekly advance as investors weigh recent economic data and the path of interest rates from the Federal Reserve in the near term.
Federal Reserve Vice Chair for Supervision Michelle Bowman said on Friday a fragile job market that could weaken quickly means the U.S. central bank should stand ready to cut interest rates again if needed.
U.S. President Donald Trump on Friday praised economic adviser Kevin Hassett at a White House event and said he may want to keep him in his current role, as the president considers his nominee for the ?next Federal Reserve chair. "I see Kevin's in the audience, and I just want to thank you. "Kevin ?Hassett is so ?good.
President Donald Trump on Friday praised economic adviser Kevin Hassett at a White House event and said ?he may want to keep him in ?his current role, as the president considers ?his nominee for the ?next ?Federal Reserve chair. "I see Kevin's in the audience, ?and I just ?want to thank you. "Kevin Hassett is so good. "You've been incredible.
Kosmos Energy (KOS) said Friday it has priced $350 million of 11.25% senior secured bonds due 2031 in the Nordic market. Net proceeds will be used to finance the tender offer for up to $250 million of its 7.75% senior notes due 2027, to repay debt, and for general corporate purposes, the firm said. MT Newswires does not provide investment advice.
U.S. factory production unexpectedly increased in December amid a surge in primary metals output that offset a decline at motor vehicle assembly plants, but activity contracted in the fourth quarter against the backdrop of challenges from import tariffs.
Canadian housing starts came in at a "robust" 282,400 annualized units in December, marking an 11% month-over-month increase from November's level, said TD. The picture was unchanged on a trend basis, however, with the six-month moving average of starts clocking in at 264,400 units, the bank added.
As global leaders gather for the World Economic Forum in Davos, Switzerland, January 19-23, Semperis leadership will be attending the Cyber Future Dialogue 2026, running in parallel to WEF, to ensure that cybersecurity continues to be at the center of the global economic agenda.
Canadian housing starts rose 5.6% in 2025 to 259,028 units ?as starts increased more than expected in December, data ?from the national housing agency showed on ?Friday.
White House adviser Kevin Hassett played down the federal criminal investigation into Federal Reserve Chair Jerome Powell on Friday, saying he expected there would be "nothing to see here". The Trump administration ?has opened a criminal investigation into Powell over cost overruns for a $2.5 billion ?project to renovate two historical buildings at the Fed's headquarters ?complex.
The total monthly seasonally adjusted annual rate of housing starts for all areas in Canada was up 11% in December at 282,439 units compared with November's 254,625 units, said the Canada Mortgage and Housing Corp. Friday. The rural starts monthly SAAR estimate was 12,271 units, noted CMHC.
The PIMCO U.S. Stocks PLUS Active Bond Exchange-Traded Fund aims to outperform the S&P 500 by combining passive equity1 tracking with PIMCO?s active fixed income expertise2 PIMCO, a global leader in active fixed income with deep expertise across public and private markets, is expanding its exchange-traded fund offerings with the launch of PIMCO U.S. Stocks PLUS Active Bond ETF.
Canadian housing starts rose 5.6% in 2025, ?the fifth highest ?annual total on ?record, helped by ?higher-than-expected ?starts in December, ?data from ?the national housing agency showed ?on Friday.
In general the bond market is volatile, and fixed income securities carry interest rate risk. (As interest rates rise, bond prices usually fall, and vice versa. This effect is usually more pronounced for longer-term securities.) Fixed income securities also carry inflation risk and credit and default risks for both issuers and counterparties. Unlike individual bonds, most bond funds do not have a maturity date, so avoiding losses caused by price volatility by holding them until maturity is not possible.
Lower-quality debt securities generally offer higher yields, but also involve greater risk of default or price changes due to potential changes in the credit quality of the issuer. Any fixed income security sold or redeemed prior to maturity may be subject to loss.
Before investing, consider the funds' investment objectives, risks, charges, and expenses. Contact Fidelity for a prospectus or, if available, a summary prospectus containing this information. Read it carefully.
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