News Results

  1. Klook Closes $100 Million Investment to Fuel Next Decade of Travel Experiences Growth
    Business Wire | 02/11/25 09:00 PM EST

    Investment Positions Klook to Lead the Next Decade of Tourism Growth and Innovation in Asia Pacific Klook, a leading platform for experiences and travel services in Asia, today announced US$100 million in funding led by the global growth investment firm Vitruvian Partners. This press release features multimedia.

  2. Best?s Special Report: U.S. Economy Starts 2025 on Solid Ground
    Business Wire | 02/11/25 08:53 AM EST

    The U.S. economy continues to outperform expectations and has entered 2025 on firm footing, according to a new AM Best report. According to the Best?s Special Report, ?U.S. Economy Starts 2025 on Solid Ground,? the country?s gross domestic product continues to grow based in part on healthy consumer spending, strong corporate profits, slowing inflation and a more accommodative monetary policy.

  3. QuSecure?s Post-Quantum Cryptography Solution Featured in Inaugural World Economic Forum Quantum Application Hub Debut at Davos 2025
    Business Wire | 02/06/25 11:38 AM EST

    QuSecure?s QuProtect Showcased Cutting-Edge Quantum-Resilient Cybersecurity Solutions for Global Leaders Last Month QuSecure?, Inc., a leader in post-quantum cryptography, today announced its inclusion in the inaugural World Economic Forum Quantum Application Hub, which debuted at the WEF Annual Meeting in Davos, Switzerland, last month.

  4. Northern Trust Forecasts Moderate Global Equity Returns, Solid High Yield Bond Performance and Strength in Private Credit
    Business Wire | 02/06/25 04:00 AM EST

    Trends in AI, energy and globalization cited as key elements affecting economic growth globally during next decade Northern Trust (NTRS) today issued its Capital Market Assumptions 2025 Edition, forecasting moderate global equity performance, improving high yield bond returns and strength in private credit.

  5. Wells Fargo Confirms Termination of Two Longstanding Federal Reserve Consent Orders
    Business Wire | 02/04/25 11:07 AM EST

    Wells Fargo & Company (WFC) today confirmed that the Federal Reserve Board of Governors terminated two longstanding consent orders: a 2011 consent order regarding the company?s legacy mortgage servicing activities and a 2011 consent order regarding its legacy Wells Fargo Financial business. This press release features multimedia.

  6. Beer Industry Pours $878 Billion into the Global GDP
    Business Wire | 02/04/25 09:00 AM EST

    WASHINGTON---- The beer industry delivered a remarkable $878 billion to the global GDP in 2023, which represented 0.8% of the global GDP, according to the latest figures revealed by the World Brewing Alliance. This press release features multimedia.

  7. January?s Zeta Economic Index (ZEI) Shows US Economy Holding Steady Heading into 2025
    Business Wire | 02/04/25 08:30 AM EST

    Consumer Spending Remains Resilient Post-Holiday, With Dining Activity Up and Retail Facing Seasonal Headwinds Zeta Global (ZETA), the AI Marketing Cloud, today released the Zeta Economic Index for January 2025. Following the surge in consumer spending during the 2024 holiday season, the US economy appears to be holding steady at the start of 2025, despite an expected post-holiday correction from retail.

  8. SMBC Group Americas Unit Designated Primary Dealer by Federal Reserve Bank of New York
    Business Wire | 02/03/25 09:00 AM EST

    SMBC Nikko Securities America, Inc., a registered broker-dealer and direct subsidiary of SMBC Americas Holdings, Inc., has been designated a primary dealer by the Federal Reserve Bank of New York.

  9. KBRA Releases Research ? Retail Sales and Hiring Firm in December as Q4 GDP Slows to 2.3%
    Business Wire | 01/31/25 06:39 PM EST

    KBRA releases research examining solid December retail sales and employment growth. Click here to view the report. Recent Publications About KBRA KBRA, one of the major credit rating agencies, is registered in the U.S., EU, and the UK. Doc ID: 1007822. View source version on businesswire.com: https://www.businesswire.com/news/home/20250131690657/en/ Source: Kroll Bond Rating Agency, LLC.

  10. ImmunityBio Announces Collaboration with BeiGene on Confirmatory Phase 3 Trial of ANKTIVA? and PD-1 Checkpoint Inhibitor Combination in Non-Small Cell Lung Cancer
    Business Wire | 01/29/25 08:30 AM EST

    CULVER CITY, Calif. The Phase 3 trial design is based on the synergistic potential already demonstrated in the QUILT 3.055 study that a CPI and ANKTIVA, an IL-15 superagonist, prolongs overall survival in the study population compared to historical controls in this setting.

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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