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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
National House Prices Grew Modestly in 2024 ?Higher mortgage rates in the latter half of the year, combined with higher inventory levels, triggered the cooling trend, says Chief Economist Mark Fleming? First American Data & Analytics, a leading national provider of property-centric information, risk management and valuation solutions and a division of First American Financial Corporation (FAF), today...
National House Prices Grew Modestly in 2024 ?Higher mortgage rates in the latter half of the year, combined with higher inventory levels, triggered the cooling trend, says Chief Economist Mark Fleming? First American Data & Analytics, a leading national provider of property-centric information, risk management and valuation solutions and a division of First American Financial Corporation (FAF), today...
National House Prices Grew Modestly in 2024 ?Higher mortgage rates in the latter half of the year, combined with higher inventory levels, triggered the cooling trend, says Chief Economist Mark Fleming? First American Data & Analytics, a leading national provider of property-centric information, risk management and valuation solutions and a division of First American Financial Corporation (FAF), today...
National House Prices Grew Modestly in 2024 ?Higher mortgage rates in the latter half of the year, combined with higher inventory levels, triggered the cooling trend, says Chief Economist Mark Fleming? First American Data & Analytics, a leading national provider of property-centric information, risk management and valuation solutions and a division of First American Financial Corporation (FAF), today...
?Higher mortgage rates in the latter half of the year, combined with higher inventory levels, triggered the cooling trend, says Chief Economist Mark Fleming? First American Data & Analytics, a leading national provider of property-centric information, risk management and valuation solutions and a division of First American Financial Corporation (FAF), today released its December 2024 Home Price Index...
National House Prices Grew Modestly in 2024 ?Higher mortgage rates in the latter half of the year, combined with higher inventory levels, triggered the cooling trend, says Chief Economist Mark Fleming? First American Data & Analytics, a leading national provider of property-centric information, risk management and valuation solutions and a division of First American Financial Corporation (FAF), today...
?. DAVOS, Switzerland---- The Travel and Tourism sector?s essential contribution to shaping the global landscape was underscored at the World Economic Forum Annual Meeting in Davos this week with His Excellency Ahmed A. Al-Khateeb, Saudi Arabia Minister of Tourism, urging world leaders to provide the industry with the focus and collaborative solutions it deserves.
The Kingdom of Saudi Arabia will host a regular high-level World Economic Forum global meeting in Riyadh, with the first slated for the Spring of 2026, it was announced today. This press release features multimedia.
Insurity?s 2025 AI in Insurance Report highlights key insights on consumer confidence in AI for assessing and processing claims after severe weather events Insurity, a leading provider of cloud-based solutions for insurance carriers, brokers, and MGAs, today released its 2025 AI in Insurance Report, shedding light on consumer sentiment around the use of artificial intelligence in claims process...
Today, the Michigan Economic Development Corporation unveiled ?Michigan?s Roadmap to a Sustainable World,? a short film on the state?s leadership and initiatives in clean energy and sustainability. This press release features multimedia.
At the World Economic Forum, Jeff Rowe, CEO of Syngenta Group, presented the five key trends in AI that will define agriculture in 2025. This press release features multimedia. The five key trends in AI identified by Syngenta are: Jeff Rowe, CEO of Syngenta Group, stated: ?AI and digital tools are revolutionizing farming and sustainable practices.
Guangdong Province is expected to maintain its leading position as China?s top provincial economy in 2024, with its GDP estimated to surpass 14 trillion yuan, according to the Guangdong Provincial People?s Congress report on January 15, 2025. This press release features multimedia.
Franklin Templeton Institute?s Global Investment Management Survey reveals optimistic outlook for the economy, equities, fixed income and alternative investments in 2025 Investors are gearing up for a promising 2025, citing stable inflation, rates, and low unemployment according to the latest Global Investment Management Survey by the Franklin Templeton Institute.
Advisor concerns for a major equity market downturn largely wavered in the final quarter of 2024 Registered Investment Advisors have an improved outlook and increased optimism following the U.S. election, according to the latest RIA Economic Outlook Index from Security Benefit in partnership with Greenwald Research.
MISSISSAUGA, Ontario---- Schneider Electric, the leader in the digital transformation of energy management and automation, today announced that its Wuxi factory in China has been recognized by the World Economic Forum as a Sustainability Lighthouse. This press release features multimedia.
Report details how private credit will continue to remain a resilient, high-performing asset class amidst global economic shifts and market volatility Percent, the platform powering the modern private credit marketplace, released their 2025 Private Credit Outlook.
Fab 12A in Tainan, Taiwan is among 17 new sites joining the Global Lighthouse Network United Microelectronics Corporation (UMC), a leading global semiconductor foundry, today announced that its flagship Fab 12A in Tainan, Taiwan has been selected for the World Economic Forum?s Global Lighthouse Network, a group of 189 sites identified as exemplars in leveraging Fourth Industrial Revolution technologi...
Atlantic Union Bankshares Corporation (AUB) and Sandy Spring Bancorp, Inc. (SASR) jointly announced today the receipt of regulatory approvals from the Federal Reserve Bank of Richmond, acting on delegated authority from the Board of Governors of the Federal Reserve System, to complete the previously announced merger of Sandy Spring with and into Atlantic Union in an all-stock transaction.
Strategos Group is pleased to announce that its newest partner Gregory Haile, J.D., who leads the firm?s recently launched Higher Education and Workforce Advisory practice, has been appointed the 2025 chair of the Federal Reserve Bank of Atlanta?s board of directors.
UMB will have approximately $66 billion in assets, elevating it to the top 4% of publicly traded U.S. banks UMB Financial Corporation (UMBF) and Heartland Financial USA, Inc. (HTLF) are pleased to share that the necessary regulatory approvals from the Office of the Comptroller of the Currency and the Board of Governors of the Federal Reserve System have been received to complete the previously announced acqu...
Economic Slowdown Would Have an Outsized Impact on Top U.S. Travel Destinations New data by leading global economic forecaster Oxford Economics Research shows that the Durbin-Marshall credit card bill introduced in 2023 could create an economic slowdown for the U.S. costing $227 billion in lost economic activity and 156,000 lost jobs.
This year?s Index failed to match its record-shattering performance from 2023 but still posted third-highest score of all time while cementing positive long-term trend for conscious consumerism After a dozen years of tracking socially responsible spending, the U.S. remains on a positive trajectory, according to the most recent Conscious Consumer Spending Index.
Texas Ports contribute more than $713.9 billion in economic activity for the State accounting for 28% of Texas? gross domestic product, further advancing Ports as a catalyst for state economic growth and job generation, according to a recent economic impact study by the Texas Ports Association. This press release features multimedia.
?Steady, single-digit house price growth signals a return to normal following the pandemic-to-post-pandemic roller-coaster ride, says Chief Economist Mark Fleming? First American Data & Analytics, a leading national provider of property-centric information, risk management and valuation solutions and a division of First American Financial Corporation (FAF), today released its November 2024 Home Price...
National House Prices Hover Near Historical Norms ?Steady, single-digit house price growth signals a return to normal following the pandemic-to-post-pandemic roller-coaster ride, says Chief Economist Mark Fleming? First American Data & Analytics, a leading national provider of property-centric information, risk management and valuation solutions and a division of First American Financial Corpor...
National House Prices Hover Near Historical Norms ?Steady, single-digit house price growth signals a return to normal following the pandemic-to-post-pandemic roller-coaster ride, says Chief Economist Mark Fleming? SANTA ANA, Calif.
National House Prices Hover Near Historical Norms ?Steady, single-digit house price growth signals a return to normal following the pandemic-to-post-pandemic roller-coaster ride, says Chief Economist Mark Fleming? First American Data & Analytics, a leading national provider of property-centric information, risk management and valuation solutions and a division of First American Financial Corpor...
National House Prices Hover Near Historical Norms ?Steady, single-digit house price growth signals a return to normal following the pandemic-to-post-pandemic roller-coaster ride, says Chief Economist Mark Fleming? First American Data & Analytics, a leading national provider of property-centric information, risk management and valuation solutions and a division of First American Financial Corpor...
National House Prices Hover Near Historical Norms ?Steady, single-digit house price growth signals a return to normal following the pandemic-to-post-pandemic roller-coaster ride, says Chief Economist Mark Fleming? First American Data & Analytics, a leading national provider of property-centric information, risk management and valuation solutions and a division of First American Financial Corpor...
Redfin reports homebuying activity picked up in November as election uncertainty dissipated and buyers grew more accustomed to elevated mortgage rates ? Existing home sales rose 0.7% month over month in November to a seasonally adjusted annual rate of 4,269,85?the highest level since March 2023.
Former Governor of the Reserve Bank of India Raghuram Rajan and former First VP and COO of the Federal Reserve Bank of Boston Kenneth Montgomery Join Advisory Board Ripple, the leading provider of digital asset infrastructure for financial institutions, today announced that Ripple USD will be available on global exchanges starting tomorrow, December 17, 2024.
Emissions analysis shows California has cut close to a quarter of the state?s climate pollution in 16 years, as officials scramble to protect clean air progress California has cut more than 22% of its greenhouse gas emissions since passing its landmark climate law in 2006, while growing its gross domestic product per capita by 38%, according to new data released today.
With a leading U.S. economy, WFII believes stock rally will broaden, long-term yields will rise, the commodities bull-cycle will resume, and alternatives will shift for recovery. Wells Fargo Investment Institute today released its ?2025 Outlook: Charting the Economy?s Next Chapter. WFII?s global economic outlook is that the U.S. economy?s continued expansion will lead the world economy.
Today, Citi Wealth released its full-year Wealth Outlook for 2025 ? Growth Amid Discord: Strategies for a ?Rule-Breaking? Expansion. Having defied usually reliable recession signals, the global economic expansion is expected to continue in 2025 and 2026.
Kevin DeMeritt, CEO of Lear Capital, detailed the potential impacts of ending the Federal Reserve and the future of precious metals markets during a recent appearance on the ?Redacted News? podcast.
AM Best has affirmed the Financial Strength Rating of B and the Long-Term Issuer Credit Rating of ?bb+? of Mongolian National Reinsurance JSC. The ratings reflect Mongolian Re?s balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.
Prestigious industry recognitions and strategic partnerships with top firms in Canada, the U.K. and the U.S. fuel Conquest?s strong growth trajectory Conquest Planning Inc., a technology platform modernizing financial planning with customized and consumable advice, today celebrates a significant milestone after recently surpassing 1 million financial plans.
Uniphore to Make Debut at WEF?s Annual Meeting in Davos Uniphore, one of the world?s largest AI-native Enterprise class companies, announced that it has joined the World Economic Forum?s invite-only Innovator Community as a member of their Unicorn Community, which unites private start-up companies that are valued at more than $1 billion.
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.