News Results

  1. Globe Union Gains Competitive Momentum by Moving to Rimini Street, Improving ERP Maintenance ROI and Optimizing Talent Resources
    Business Wire | 09:01 AM EST

    Company accelerates key innovation projects, reallocates labor and time, and saves hard costs by choosing Rimini Street's Smart Path Rimini Street, Inc. (RMNI), a global provider of enterprise software products and services, the leading third-party support provider for Oracle and SAP software products, and a Salesforce partner, today announced that Globe Union, a market leader in kitchen and bath prod...

  2. Canada Dec. trade deficit narrows to C$160 mln on lower energy exports
    Reuters | 08:46 AM EST

    Canada posted a C$160 million trade deficit in December, as exports fell largely on energy products while imports were driven down mainly by consumer goods, Statistics Canada said on Tuesday. The deficit was better than analysts' expectation of a C$500 million deficit and smaller than a revised C$219 million deficit in November.

  3. Moldova's central bank says it cuts key rate to 17% from 20%
    Reuters | 08:42 AM EST

    Moldova's central bank has cut its key interest rate to 17% from 20% as consumer price inflation has continued to slow, Central Bank Governor Octavian Armasu said on Tuesday. The central bank last cut the interest rate at the start of December.

  4. U.S. trade deficit widens in December
    Reuters | 08:42 AM EST

    The U.S. trade deficit widened in December, reversing some of the prior month's sharp contraction, as imports rebounded and exports declined further. The trade deficit increased 10.5% to $67.4 billion, the Commerce Department said on Tuesday. Imports increased 1.3% to $317.6 billion, with goods rising 1.8% to $258.8 billion.

  5. Unaffordability Continues to Weigh Heavily on Consumer Perceptions of Housing Market
    PR Newswire | 08:30 AM EST

    Elevated Mortgage Rates and Home Prices Are Dampening Consumer Opinion of Home Purchase Conditions WASHINGTON, Feb. 7, 2023 /PRNewswire/ -- The Fannie Mae?Home Purchase Sentiment Index? increased for the third consecutive month in January but still remains well below its pre-pandemic highs.

  6. FOREX-Dollar inches up as focus turns to Powell speech
    Reuters | 08:25 AM EST

    The dollar hovered near one-month highs on Tuesday ahead of a speech by Federal Reserve Chair Jerome Powell that will be scoured by investors for any signals on how high U.S. interest rates may go this year.

  7. U.S. offers support to India's G20 presidency on energy, food issues
    Reuters | 08:22 AM EST

    The United States will support India's G20 presidency including on issues such as food and energy security, the U.S. embassy there said on Tuesday, as New Delhi seeks the backing of its partners ahead of key meetings starting this month.

  8. Fed's Kashkari Says Aggressive Rate Hikes Needed To Curb Inflation: 'Haven't Seen Anything Yet To Lower My Rate Path'
    | 08:03 AM EST

    Ahead of the market open on Tuesday, a Fed official warned that the war against inflation is far from over. What Happened: The strong January payrolls report showed that the central bank has more work to do in its fight against inflation, said Minneapolis Fed President Neel Kashkari in an interview with CNBC's Squawk Box.

  9. WisdomTree and Voya Investment Management Co. LLC Launch the WisdomTree Voya Yield Enhanced USD Universal Bond Fund (UNIY)
    Business Wire | 08:00 AM EST

    WisdomTree, Inc. (WT), a global financial innovator, and Voya Investment Management Co. LLC, the asset management business of Voya Financial, Inc. (VOYA), announced today the launch of the WisdomTree Voya Yield Enhanced USD Universal Bond Fund on the NASDAQ. WisdomTree (WT) and Voya have a long-standing relationship, with Voya acting as sub-adviser to UNIY, as well as to several of WisdomTree?s portfolios.

  10. CANADA STOCKS-TSX futures flat ahead of Macklem, Powell speeches
    Reuters | 07:25 AM EST

    Futures for Canada's main stock index were flat on Tuesday as investors looked for clues on the interest rate-hike trajectory ahead of speeches from both U.S. Federal Reserve chair and the Bank of Canada's governor due later in the day. March futures on the S&P/TSX index were flat at 7:01 a.m. ET.

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.

fir_news_results