News Results

  1. Durable Goods Orders Jump 9.2% In March, But One Category Tells The Real Story
    Benzinga | 09:20 AM EDT

    U.S. durable goods orders jumped sharply in March, marking the biggest gain since July 2024, but the high single-digit headline spike hides a mixed picture that casts doubt on whether factory momentum was firing on all cylinders ahead of Trump's April 2 tariff move.

  2. Fed's Independence Could 'Disappear In A Week,' Says Economist Ken Rogoff, As Trump Thinks He's 'Smarter Than The Central Bankers' Amid Ongoing Feud With Jerome Powell
    Benzinga | 06:50 AM EDT

    American economist Kenneth Rogoff says that the Federal Reserve?s autonomy is a lot more fragile than most people realize. What Happened: On Wednesday, while appearing on the In Good Company podcast, Rogoff spoke extensively on the recent conflict between President Donald Trump and Fed Chair Jerome Powell.

  3. Super Micro Stock Gains As Trump Signals No Plans To Fire Powell
    Benzinga | 04/23/25 03:27 PM EDT

    Super Micro Computer, Inc. (SMCI) stock is trading higher amid overall market strength after President Donald Trump said he had no intention of firing Federal Reserve Chair Jerome Powell. The Details: According to the Wall Street Journal, Trump told reporters he wants Powell to "be a little more active in terms of his idea to lower interest rates," but added, "no, I have no intention to fire him."

  4. Bessent Blasts China's Economic Model, Calls For Global Reset, IMF Refocus
    Benzinga | 04/23/25 11:19 AM EDT

    U.S. Treasury Secretary Scott Bessent called for a sweeping overhaul of the International Monetary Fund and World Bank, criticizing China's export-driven model and urging a global economic reset aligned with the Trump administration's redefined vision of the Washington Consensus.

  5. Fed's Jerome Powell Isn't Budging On Rate Cut Despite Trump's Bashing And Pressure ? Here's Why
    Benzinga | 04/23/25 04:51 AM EDT

    Despite President Donald Trump?s persistent criticism, Federal Reserve Chairman Jerome Powell is not rushing to cut interest rates. What Happened:?Trump has been outspoken on social media, referring to Powell as ?Mr Too Late? and ?a major loser? for what he sees as a reluctance to ease policy.

  6. Will Tariffs Leave A Mark? Business Activity Data Lands Wednesday In First Read Since Trump's Move
    Benzinga | 04/22/25 03:54 PM EDT

    The first big economic pulse check since President Donald Trump's tariff announcement arrives Wednesday, and Wall Street is watching closely. S&P Global will release its flash Purchasing Managers? Index surveys for April, covering the United States, the United Kingdom, Germany and France.

  7. Plug Power Stock Is Up 11% Tuesday: What's Going On?
    Benzinga | 04/22/25 03:32 PM EDT

    Plug Power Inc (PLUG) shares are trading higher by 11.5% to 88 cents Tuesday afternoon. What To Know: Tuesday?s market bounce followed Monday's sell-off, which was triggered by the Trump administration?s pressure on the Federal Reserve. Sentiment improved further after U.S. Treasury Secretary Scott Bessent signaled a potential easing in U.S.-China tensions.

  8. IMF Slashes US Growth Outlook As Trump Tariffs Bite, Raises Recession Odds To 40%
    Benzinga | 04/22/25 11:06 AM EDT

    The International Monetary Fund has sharply downgraded its 2025 growth forecast for the United States, citing President Donald Trump's sweeping tariffs and a surge in economic uncertainty as major headwinds. In its April 2025 World Economic Outlook, the IMF now projects U.S. GDP growth at just 1.8% for the year, marking a 0.9 percentage point cut from its January forecast.

  9. Bitcoin's Dual Role Could Propel It To $200,000: Standard Chartered
    Benzinga | 04/22/25 09:34 AM EDT

    Bitcoin is regaining attention as a hedge against systemic risk as concerns mount over the independence of the U.S. Federal Reserve. What Happened: According to Standard Chartered?s Global Head of Digital Assets Research, Geoffrey Kendrick, Bitcoin has a dual role as both a tech-correlated asset and a safeguard against private and public sector financial disruptions.

  10. Chicago Fed Chair Goolsbee Agrees With Bessent: 'Fed Independence Is A Jewel Box,' Awaits Tariff Revisit Before 'Jumping To Action'
    Benzinga | 04/22/25 05:10 AM EDT

    Chicago Federal Reserve President Austan Goolsbee has underlined the need to wait for policy action on tariffs before jumping to any ?action,? while agreeing with Treasury Secretary Scott Bessent?s comments on the central bank?s independence being like a ?jewel box? that needs to be preserved.

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