News Results

  1. Bitcoin, Ethereum, Dogecoin Drop Amid Inflation Concerns In Fed Minutes; Biden Leads Trump By Just A Point In Latest Poll - Top Headlines Today While US Slept
    Benzinga | 10:33 AM EDT

    Crypto US Markets US Politics World Politics US Economy World Economy Tech Electric Vehicle Consumer Communication Industrial Healthcare General Photo by FellowNeko on Shutterstock

  2. Gold Falls From Highs
    Benzinga | 09:33 AM EDT

    By RoboForex Analytical Department. The price of gold fell to $2370.00 per troy ounce by Thursday following the release of the minutes from the latest US Federal Reserve meeting. The Fed indicated that more time is needed to be confident that US inflation is declining towards the 2% target. Higher interest rates reduce the attractiveness of gold, which does not yield interest.

  3. 'You Can't Ignore' China, Says JPMorgan APAC CEO Highlighting Beijing's Significance In Global Economy: 'You Have To Do Business There'
    Benzinga | 04:37 AM EDT

    JPMorgan Asia Pacific CEO Sjoerd Leenart emphasized the significance of China in the global economy, stating that it is a country that can?t be ignored. What Happened: Leenart highlighted the growing importance of China as a global economic powerhouse, asserting that it is a country that businesses must engage with.

  4. Biden Administration Backs Independent Federal Reserve Amid Trump's Alleged Plans To Control US Monetary Policy: 'Highly Motivated' By History
    Benzinga | 05/22/24 11:22 PM EDT

    The Biden administration has reaffirmed its support for an autonomous Federal Reserve amid reports of former President Donald Trump?s intentions to influence U.S. monetary policy. What Happened: The White House Council for Economic Advisors underlined the importance of central bank independence in a blog post on Wednesday, as reported by Reuters.

  5. Fed Minutes Raise Risk Of 'Higher-For-Longer' Interest Rates: 'Bears Would Normally Get Excited, But...'
    Benzinga | 05/22/24 04:05 PM EDT

    The minutes from the May Federal Open Market Committee meeting delivered a harsh reality check to investors, countering the dovish signals earlier conveyed by Fed Chair Jerome Powell during the May press conference. Three key messages reignited investor fears about the increasing likelihood of a prolonged period of high interest rates.

  6. High Interest Rates Here To Stay? Fed Minutes Reveal Disinflation Takes 'Longer Than Previously Thought'
    Benzinga | 05/22/24 02:22 PM EDT

    The minutes from the latest Federal Open Market Committee meeting released Wednesday reveal increased uncertainty about the swift decline of inflation toward the 2% target, with the majority of board members indicating the need to keep restrictive interest rates for an extended period.

  7. Arthur Hayes: Bitcoin Could Strengthen As Policymakers Choose 'Easy Button' To Avoid Raising Rates
    Benzinga | 05/22/24 02:10 PM EDT

    In his latest blog post, BitMex co-founder Arthur Hayes pointed out how he sees global economic policies influencing the broader economic landscape and the future of cryptocurrencies.

  8. 5 Things To Know In Investing This Week: The Let's Look At The Data Issue
    Benzinga | 05/22/24 01:35 PM EDT

    DKI stock pick, AuthID (AUID), announces 1Q revenue almost as high as all of 2023. This week, we'll address the following topics: AuthID (AUID) reports 1Q revenue almost as high as full year 2023 revenue. Lyn Alden @LynAldenContact makes an important point about fiscal dominance. The PPI comes in hot. The CPI comes in light. DKI has said the dollar is losing share as the world's reserve currency.

  9. Mortgage Applications Climb For Third Week As 30-Year Interest Rates Drop
    Benzinga | 05/22/24 09:05 AM EDT

    Mortgage applications in the U.S. saw an increase of 1.9% for the week ending May 17, continuing an upward trend following a 0.5% rise the previous week. The rise in applications aligns with a decrease in average mortgage rates, which reached a seven-week low due to expectations of lower inflation reducing long-dated Treasury yields.

  10. AMC Bonds Hold Gains After Meme Stock Selloff: Is It A Better Bet Than Buying Shares?
    Benzinga | 05/21/24 03:33 PM EDT

    Shares of AMC Entertainment Holdings Inc. (AMC) have experienced extreme volatility in recent weeks, ignited by the return of Keith Gill?also known as Roaring Kitty ? to social media.

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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