News Results

  1. Redfin Reports U.S. Home Prices Hit Another Record High, But Mortgage Rates Are Starting to Decline?Which Could Give Buyers Relief
    Business Wire | 06/13/24 08:00 AM EDT

    Daily average mortgage rates dropped to their lowest level in three months on Wednesday, after the May CPI report showed that inflation is continuing to cool. ? The median U.S. home-sale price hit an all-time high of $394,000 during the four weeks ending June 9, up 4.4% year over year?the biggest increase in about three months. There are signs that home-price growth could ease soon.

  2. Schwab Trading Activity Index?: Score Moves Fractionally Higher in May, Remaining at Moderate-Low Levels
    Business Wire | 06/10/24 12:30 PM EDT

    Schwab clients were net buyers during the May period, decreasing exposure in the Communication Services, Consumer Discretionary and Financial sectors The Schwab Trading Activity Index? increased to 49.05 in May, up slightly from its score of 48.87 in April. This press release features multimedia.

  3. Inclusively Is Selected by the World Economic Forum as a Technology Pioneer
    Business Wire | 06/06/24 12:57 PM EDT

    As a recognized leader in creating inclusive workplaces, this invite enables Inclusively to support the Forum?s Centre for the New Economy and Society Inclusively, a leading workforce inclusion platform, today announced that it was selected by the World Economic Forum?s Global Innovators Community to join the 2024 Technology Pioneers cohort.

  4. Fero Labs named 2024 Technology Pioneer by World Economic Forum for Trailblazing Profitable Sustainability in Industrial Optimization
    Business Wire | 06/06/24 09:00 AM EDT

    Fero Labs receives prestigious recognition and joins exclusive global leaders to drive AI innovations that create positive change Fero Labs, the only Profitable Sustainability Platform for industrial optimization, proudly announced its recognition as a 2024 Technology Pioneer by the World Economic Forum. This press release features multimedia.

  5. EdgeCortix Awarded 2024 Technology Pioneer by the World Economic Forum
    Business Wire | 06/06/24 09:00 AM EDT

    Selected among 100 most promising technology pioneers from across 23 global economies and 5 continents EdgeCortix? Inc., a fabless semiconductor company focused on energy-efficient AI processing, today announced that it has been selected as a 2024 Technology Pioneer by the World Economic Forum.

  6. Robust.AI Selected as 2024 Technology Pioneer by World Economic Forum
    Business Wire | 06/06/24 08:00 AM EDT

    Robust.AI will engage in the Forum?s Centre for Advanced Manufacturing and Supply Chains Robust.AI, the company transforming how robots collaborate with people, was selected as a distinguished Technology Pioneer within the World Economic Forum?s Innovator Communities.

  7. Fourth Power Named 2024 World Economic Forum Technology Pioneer
    Business Wire | 06/06/24 06:00 AM EDT

    BOSTON---- Marking the significance of its innovative utility-scale thermal battery technology and grid decarbonization capability, Fourth Power has been named a 2024 World Economic Forum Technology Pioneer. The diverse community of world-renowned start-ups fostered by WEF all share a goal to positively shape a shared future through original solutions.

  8. U.S. Business Travel Industry Responsible for 2% of U.S. GDP and 3.5% of Employment in Latest Full-Year Figures
    Business Wire | 06/05/24 07:30 AM EDT

    GBTA study reveals for every 1% of growth in business travel, the U.S. economy sees nearly 60,000 jobs, $2.9 billion in paid wages, $1.2 billion in tax revenue and $4.8 billion in new GDP The Global Business Travel Association today unveiled a new study, the ?GBTA U.S. Economic Impact Study: Business Travel?s Impact on Jobs and the U.S. Economy,? which quantifies the significant economic ...

  9. Global high-net-worth population and wealth back to record levels despite global instability
    Business Wire | 06/05/24 06:43 AM EDT

    PARIS---- The Capgemini Research Institute?s World Wealth Report 2024, published today, reveals the number of high-net-worth individuals1 and their wealth reached unprecedented levels in 2023, sparked by a rebound in the global economic outlook.

  10. SW Graduate School of Banking at SMU Cox 2024 On-Campus Session Set for May 28?June 7
    Business Wire | 05/30/24 05:45 PM EDT

    Jeffrey R. Schmid, president and CEO of the Federal Reserve Bank of Kansas City to provide commencement address on June 7, 2024, at 1 p.m. The SW Graduate School of Banking at SMU Cox 2024 session will be May 28?June 7, on the Southern Methodist University campus in Dallas.

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.