-Grocery giants Walmart (WMT), Target (TGT) and Aldi are trumpeting their Thanksgiving meal deals as more affordable than ever. Walmart's (WMT) meal this year features nine Great Value private-label brand items out of 15, compared with nine out of 21 brands last year - a higher percentage of in-house brands. The company accomplished this by subbing in a stuffing mix and sidelining onions, celery and broth.
* Target (TGT), Walmart's (WMT) meal kits swap national brands for private labels. * Food costs rose 2.7% in September, government data shows. * NielsenIQ: 58% of shoppers worry about food price inflation. By Siddharth Cavale. Grocery giants Walmart (WMT), Target (TGT) and Aldi are trumpeting their Thanksgiving meal deals as more affordable than ever.
* * Dow and S&P 500 turn slightly positive in late afternoon. * Dollar lower against major currencies. By Caroline Valetkevitch. The Nasdaq ended slightly lower on Friday but registered its biggest weekly percentage drop since early April as investors worried about the sustainability of a rally in artificial intelligence shares, while U.S. Treasury yields inched lower.
The Nasdaq ended slightly lower on Friday but registered its biggest weekly percentage drop since early April as investors worried about the sustainability of a rally in artificial intelligence shares, while U.S. Treasury yields inched lower. Chip and other tech-related stocks have been some of the biggest losers this week, while the Nasdaq fell about 3% for the week.
Radian Group Inc (RDN): * Radian Group Inc (RDN) - ON NOV 4, ENTERS CREDIT AGREEMENT WITH ROYAL BANK OF CANADA - SEC FILING. * Radian Group Inc (RDN) - SECURES $500 MILLION UNSECURED REVOLVING CREDIT FACILITY - SEC FILING. * Radian Group Inc (RDN) - CAN INCREASE BORROWING CAPACITY BY $250 MILLION - SEC FILING.
The Federal Reserve governor argued that stablecoins' increasing demand for dollar-tied assets such as Treasuries will force monetary policy decisions.
US equity indexes fell this week as a deterioration in labor market data called into question big-tech valuations, prompting investors to book profits. * The S&P 500 closed at 6,728.81 on Friday versus 6,840.20 a week ago. * Challenger, Gray & Christmas reported Thursday firms planned to cut 153,074 jobs in October, the largest for the month since 2003, up from 55,597 a year ago.
The Standard & Poor's 500 index fell 1.6% this week, led by the technology sector, as consumer sentiment dropped to a three-year low. The S&P 500 ended Friday's session at 6,728.80. This marks its first weekly loss since the week ended Oct. 10. Economic readings have been sparse for the past month as the government shutdown has delayed multiple reports.
* * Dow and S&P 500 turn slightly positive in late afternoon. * Dollar lower against major currencies. By Caroline Valetkevitch. The Nasdaq ended barely lower on Friday but registered its biggest weekly percentage drop since early April as investors worried about the sustainability of a rally in artificial intelligence shares, while U.S. Treasury yields inched lower.
* Indexes: Dow up 0.16%, S&P 500 up 0.13%, Nasdaq off 0.21% * Democrats propose a deal to end shutdown. * Tesla shareholders approve $1 trillion CEO pay package. * Microchip Technology (MCHP) falls following its disappointing sales forecast. * Expedia (EXPE) jumps after annual revenue growth forecast hike. By Stephen Culp.
The political appointee leveling fraud accusations against perceived opponents of President Donald Trump enlisted a man who'd once been convicted of a felony sex offense as a consultant to mortgage giants Fannie Mae and Freddie Mac, according to six people familiar with the role.
The muni market may see additional volatility due to "uncertainties related to the future of tariffs and stronger inflation prints," said Barclays (BCS) strategists led by Mikhail Foux.
Policy uncertainty, including on global trade and central bank independence, and overall geopolitical risk topped the list of financial stability concerns in a new Federal Reserve survey released on Friday. The biannual Financial Stability Report found that acute concern about trade had abated somewhat, while worry about artificial intelligence was on the rise.
* Democrats propose a deal to end shutdown. * Tesla shareholders approve $1 trillion CEO pay package. * Microchip Technology (MCHP) falls following its disappointing sales forecast. * Expedia (EXPE) jumps after annual revenue growth forecast hike. By Stephen Culp.
AM Best has downgraded the Financial Strength Rating to B+ from B++ and the Long-Term Issuer Credit Rating to ?bbb-? from ?bbb? of The Group Insurance Trust of the California Society of Certified Public Accountants.
Financial stocks were higher in late Friday afternoon trading, with the NYSE Financial Index and the Financial Select Sector SPDR Fund each adding 0.4%. The Philadelphia Housing Index was up 0.1%, and the Real Estate Select Sector SPDR Fund increased 0.9%. Bitcoin climbed 1.8% to $103,146, and the yield for 10-year US Treasuries was slightly lower at 4.09%. In economic news, the University of M...
Unemployment rate expectations continued to worsen in the US last month, a survey by the Federal Reserve Bank of New York showed Friday. The mean probability that the jobless rate will rise in the next 12 months rose by 1.4 percentage points to 42.5% in October, marking its third consecutive monthly increase, according to the Fed branch's latest Survey of Consumer Expectations.
Financial stocks were higher in late Friday afternoon trading, with the NYSE Financial Index and the Financial Select Sector SPDR Fund each adding 0.4%. The Philadelphia Housing Index was up 0.1%, and the Real Estate Select Sector SPDR Fund increased 0.9%. Bitcoin climbed 1.8% to $103,146, and the yield for 10-year US Treasuries was slightly lower at 4.09%. In corporate news, Huntington Bancsha...
Federal Reserve Governor Stephen Miran on Friday said that if stablecoins end up enjoying widespread adoption it could mean the central bank needs to keep short-term interest rates lower than they would otherwise be.
* Stablecoin adoption may lower Fed's short-term rates, Miran says. * Stablecoins boost dollar's dominance, increase demand for US Treasury bills. * Miran compares stablecoin impact to past global savings affecting US rates. By Michael S. Derby.
Fed Vice Chair Philip Jefferson said that the FOMC should move cautiously as it lower the federal funds rate closer to neutral, focusing on incoming information to determine the pace meeting-by-meeting, and suggested that the current policy rate is "still somewhat restrictive."
US benchmark equity indexes were lower intraday amid continued weakness in technology shares, while a survey showed that consumer sentiment fell to the lowest level since 2022. The Nasdaq Composite was down 1.4% at 22,722.3 after midday Friday, while the S&P 500 fell 0.8% to 6,663.1. The Dow Jones Industrial Average lost 0.5% to 46,688.
AM Best has affirmed the Financial Strength Rating of A+ and the Long-Term Issuer Credit Ratings of ?aa-? of the key life/health insurance and annuity operating subsidiaries of Wilton Re Ltd., collectively referred to as Wilton Re.
Argentina's industrial output fell 0.7% in September compared to the same month last year in non-seasonally adjusted terms, data from national statistics agency INDEC showed on Friday. September industrial output in South America's second-largest economy decreased 0.1% compared to August in seasonally adjusted terms, according to the INDEC data.
Financial stocks were mixed in Friday afternoon trading, with the NYSE Financial Index easing 0.1% and the Financial Select Sector SPDR Fund adding 0.1%. The Philadelphia Housing Index was shedding 0.5%, and the Real Estate Select Sector SPDR Fund rose 0.4%. Bitcoin was increasing 0.8% to $102,581, and the yield for 10-year US Treasuries was decreasing 1.6 basis points to 4.08%. The University ...
Financial stocks were mixed in Friday afternoon trading, with the NYSE Financial Index easing 0.1% and the Financial Select Sector SPDR Fund adding 0.1%. The Philadelphia Housing Index was shedding 0.5%, and the Real Estate Select Sector SPDR Fund rose 0.4%. Bitcoin was increasing 1.1% to $102,713, and the yield for 10-year US Treasuries was decreasing 2 basis points to 4.07%. In corporate news...
The industry for years has lobbied Congress and the Treasury Department to make the changes, but the issue has taken on more urgency amid a data center boom that promises to transform the U.S. energy landscape
* * Sentiment shifting for AI rally. * Wall Street stocks sharply lower. By Caroline Valetkevitch. Major stock indexes extended sharp declines on Friday, with the Nasdaq on track for its biggest weekly percentage decline since March as investors worried about the sustainability of a rally in artificial intelligence shares, while U.S. Treasury yields edged lower again.
US consumer sentiment fell to the weakest level in more than three years amid concerns about the government shutdown's impact on the economy, preliminary results from a University of Michigan survey showed Friday. The main sentiment index dropped for a fourth consecutive month, to 50.3 in November from 53.6 in October.
Regulatory News: WINAMP GROUP SA, owner of the Winamp platform, announces that the Luxembourg-based fund Hexagon Capital Fund has proceeded, on 6 November 2025, with a second subscription of 250 bonds issued by Winamp Group SA, each with a nominal value of ?1,000, representing a total amount of ?250,000.
Michael S. Eisenga, Chief Executive Officer of?First American Properties, today issued a statement in response to the latest University of Michigan Consumer Sentiment Index and layoff data from Challenger, Grey & Christmas, which together point to a clear slowdown in economic activity and rising financial pressure across American households.
Borrowing costs in the euro area nudged up on Friday and German bond yields hovered around one-month highs with traders confident that the European Central Bank is likely done with its easing cycle. In earlier trade, both 10 and 30-year German bond yields rose 3-4 bps to their highest since October 10, to around 2.68% and 3.28% respectively.
Canadian National Railway (CNI) on Friday said it is raising US$700 million in a public debt offering. The company said the offering is made up of US$300 million of 4.200% Notes due 2031 and US$400 million of 4.750% Notes due 2035.
Federal Reserve Vice Chair Philip Jefferson said that as interest rates have moved toward a more neutral level, "it makes sense" now to proceed with caution.
Several fast-casual chains recently cited poor sales to younger adult consumers, a key cohort for the industry, in an apparent confirmation of the labor market concerns the Federal Reserve has cited as it started cutting interest rates.
Consumer expectations for one-year US inflation growth slowed to a 3.2% gain in October from a 3.4% gain in the previous month, according to a survey released by the New York Federal Reserve Bank on Friday. The median inflation expectations remained at a 3.0% gain for the three-year period for the sixth straight month and remained at a 3.0% gain for five years ahead.
KBRA releases the October 2025 issue of CMBS Trend Watch. As we approach year-end, commercial mortgage-backed securities private label issuance is on track to have its strongest year since 2007. In October, KBRA published pre-sales for seven deals, including four SB, two conduits, and one Agency.
AM Best has affirmed the Financial Strength Rating of A++ and the Long-Term Issuer Credit Ratings of ?aa+? of General Reinsurance Corporation and its core property/casualty and lifeinsurance subsidiaries operating in the United States and internationally.
The average American is growing more pessimistic about the economy, as a key sentiment index fell to its lowest level since June 2022, marking one of the bleakest readings since the survey?s inception in 1952.
Americans last month said that they expected moderating near-term inflation pressures as they continued to worry about the outlook for the job market and their personal finances, a report from the Federal Reserve Bank of New York said on Friday.
* Investors cautious amid lack of fresh economic data. * University of Michigan survey shows consumer sentiment decline. * Potential Supreme Court decision could impact Treasury issuance. By Davide Barbuscia. U.S. Treasury yields were little changed on Friday as investors locked in profits from the previous day's bond rally and looked ahead to a busy week of government debt auctions.
* NY Fed October survey finds lower near-term expected inflation. * NY Fed report says consumers more concerned about current and future finances. * NY Fed report finds concerns about job market. By Michael S. Derby.
U.S. consumer sentiment slumped to near a 3-1/2-year low in early November as households across the political spectrum worried about the economic fallout from the longest government shutdown in history, which has caused disruptions ranging from food benefit payments to grounded flights.
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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