News Results

  1. CSquared brings high-speed connectivity to West Africa with Adtran open optical solution
    Business Wire | 06/01/23 08:00 AM EDT

    News summary: MONROVIA, Liberia---- Adtran (ADTN) today announced that CSquared is using its FSP 3000 open optical transport technology to bring high-speed broadband connectivity to homes and businesses across Liberia. This press release features multimedia. ?In the race to digitalize the global economy, it?s important that Africa doesn?t get left behind.

  2. ICE Benchmark Administration Provides Update Regarding LIBOR? Cessation and "Synthetic" LIBOR
    Business Wire | 05/31/23 09:22 AM EDT

    Intercontinental Exchange, Inc. (ICE), a leading global provider of data, technology, and market infrastructure, today announced that ICE Benchmark Administration Limited, the authorized and regulated administrator of LIBOR?, has provided an update regarding LIBOR cessation and ?synthetic? LIBOR.

  3. UBS Releases Statement Regarding Use of U.S. Dollar LIBOR Rate for Fifteen ETNs
    Business Wire | 05/31/23 08:30 AM EDT

    The UK Financial Conduct Authority announced that the three-month USD LIBOR settings will either cease publication or no longer be representative after June 30, 2023.

  4. UKG: Expect ?Upside Surprise? in May Jobs Report
    Business Wire | 05/30/23 05:00 AM EDT

    Live workforce activity briefing to analyze surging shift work, labor market outlook today at 10:00 a.m. ET UKG: This press release features multimedia. About UKG At UKG, our purpose is people.

  5. Federal Reserve Surveys: U.S. businesses, consumers want faster payment options to help navigate evolving needs
    Business Wire | 05/24/23 02:42 PM EDT

    Facing a dynamic and increasingly on-demand, online environment, a majority of businesses and consumers are already using faster payments, and most say they are likely to use faster payments more often in the future, according to new studies released today by the Federal Reserve.

  6. Builders FirstSource Releases 2023 Corporate Social Responsibility Report
    Business Wire | 05/24/23 07:00 AM EDT

    Builders FirstSource, Inc. (BLDR), the nation?s largest supplier of building products, prefabricated components, and value-added services to the professional market for new residential construction and repair and remodeling, announced today that it has published its 2023 Corporate Social Responsibility report, highlighting advancements in environmental, social, and governance across the Company in 2022.

  7. Barclays Research Expects a Series of Supply Shocks to Fan Inflationary Forces
    Business Wire | 05/23/23 03:00 AM EDT

    In the 2023 Equity Gilt Study, Barclays Research Analysts Take Stock of Recent Shifts in Climate, Labour Markets and Chip Manufacturing, and Examine the Implications for Growth and for Prices In this year?s edition of our flagship annual publication, Barclays Research analysts delve into several supply shocks the world is likely to face in coming years and how they might impact the global economy.

  8. Federal Reserve consumer payment survey shows continuation of pandemic trends, including rising credit card usage and enduring demand to hold cash
    Business Wire | 05/19/23 02:20 PM EDT

    The Federal Reserve System?s FedCash? Services released a report from its ongoing research into the payment habits of the U.S. population.

  9. AM Best Affirms Credit Ratings of Royal Bank of Canada Insurance Company Ltd.
    Business Wire | 05/19/23 10:44 AM EDT

    AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of ?a+? of Royal Bank of Canada Insurance Company Ltd.. The outlook of these Credit Ratings is stable.

  10. Redfin Reports Fewer Metros Are Seeing Home-Price Declines As Lack of Inventory Keeps Prices Afloat
    Business Wire | 05/18/23 03:15 PM EDT

    U.S. home prices are down 2.7%, the smallest decline in over a month, and prices are dropping in fewer metros ? The median U.S. home-sale price fell 2.7% during the four weeks ending May 14, the smallest decline in over a month. Monthly mortgage payments hit a record high due to still-high prices and elevated mortgage rates.

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.