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.
Alcoa Corporation (AA) today announced that it has joined the World Economic Forum?s First Suppliers Hub, a global repository of innovative suppliers providing materials needed to support the ambition of industrial decarbonization in the world by 2050.
The Central and Eastern Europe Fund, Inc. (CEE). As previously reported, certain of the Fund?s Russian holdings have been valued at zero since March 14, 2022 in light of measures adopted by the Russian Central Bank and Government, as well as sanctions implemented by the United States and other countries in response to Russia?s invasion of Ukraine.
New report shows strong interest in transparency and personalized pricing Zilliant, the leader in pricing lifecycle management, today announced the findings of its inaugural Consumer Price Index Survey. The study of 2,003 U.S. consumers1 was designed to understand emerging pricing trends and consumer sentiment in today?s dynamic market.
National House Prices Stabilize After Nine-Month Slowdown ?House Price Growth Nationally Likely to End the Year Not Too Hot, Not Too Cold, 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 October 2024 H...
National House Prices Stabilize After Nine-Month Slowdown ?House Price Growth Nationally Likely to End the Year Not Too Hot, Not Too Cold, 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 October 2024 H...
National House Prices Stabilize After Nine-Month Slowdown ?House Price Growth Nationally Likely to End the Year Not Too Hot, Not Too Cold, 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 October 2024 H...
National House Prices Stabilize After Nine-Month Slowdown ?House Price Growth Nationally Likely to End the Year Not Too Hot, Not Too Cold, 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 October 2024 H...
?House Price Growth Nationally Likely to End the Year Not Too Hot, Not Too Cold, 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 October 2024 Home Price Index report.
Today, on the margins of the G20, a group of public and private sector leaders launched the Brazil Restoration & Bioeconomy Finance Coalition to accelerate the conservation and restoration of Brazil?s forests, with a targeted, aggregate investment of at least $10 billion by 2030 among all Coalition members.
Redfin reports existing home sales rose 1.6% month over month in October to a seasonally adjusted annual rate of 4,179,346, and are on track to finish this year higher than last year ?Existing home sales rose 1.6% month over month in October?the biggest gain since January 2022?to a seasonally adjusted annual rate of 4,179,346.
KBRA is proud to host an exclusive Bank Symposium on November 20, bringing together an elite group of policymakers, regulatory officials, bankers, and top debt investors at a critical moment in global politics. The symposium comes at a pivotal time for the banking sector as regulation and market dynamics continue to evolve in response to global economic changes.
Federal Reserve Financial Services helps financial institutions detect duplicate activity at no additional cost Federal Reserve Financial Services today announced the expansion of FedDetect Duplicate Notification for Check Services to include commercial checks, alongside its existing Treasury check notification service.
The company has secured partnerships with major biogas suppliers, green methanol product offtakers, equipment and technology corporations, and a licensing agreement with MIT. Emvolon, an MIT spun-off technology company that converts greenhouse gas emissions into carbon-negative fuels and chemicals, today announced several commercial and technical milestones.
KBRA releases research that provides an overview of the manufactured housing sector with a focus on consumer lending. Despite softening home prices and the Federal Reserve signaling it will continue lowering interest rates, the costs of single-family homeownership remain significantly higher than before the pandemic. Click here to view the report.
Diversity coalition report shows economic impact of spending with minority-owned, women-owned, veteran-owned, and small business enterprises A study commissioned by the Illinois Utilities Business Diversity Council revealed that goods and services purchased by Illinois utilities from minority-owned, women-owned, veteran-owned, and small business suppliers in 2023 contributed $3.5 billion to the...
Lomholt-Thomsen to focus on global growth and client strategy NIQ, the world?s leading consumer intelligence company, announced the appointment of Steen Lomholt-Thomsen as its new Chief Commercial Officer, effective November 1, 2024.
JBT Corporation, a leading global technology solutions provider to high-value segments of the food and beverage industry, today announced that the Financial Supervisory Authority of the Central Bank of Iceland has granted an extension of the expiration of JBT?s voluntary takeover offer to acquire all issued and outstanding shares of Marel hf..
FirstSun Capital Bancorp (FSUN) and HomeStreet, Inc. (HMST) announced that, based on discussions FirstSun and its subsidiary, Sunflower Bank, N.A. have had with the Federal Reserve and the Texas Department of Banking, that regulatory approvals necessary for the mergers with HomeStreet (HMST) and its subsidiary, HomeStreet Bank to proceed have not been obtained and FirstSun and Sunflower have been asked to withdraw ...
Napier AI / AML Index provides insights into 35 countries, highlighting which are stronger and weaker when it comes to stopping money flowing into the shadow economy Money laundering cost the global economy $5.2 trillion in 2023 alone Italy, the Czech Republic and Finland rank at the top, respectively, in terms of countries with the most effective spend on anti-money laundering.
ABU DHABI, United Arab Emirates---- AD Ports Group, the leading facilitator of global trade, logistics, and industry in the Arabian Gulf and Red Sea, unveiled a new economic impact report that underscored the Group?s growing role as a driver of economic diversification in Abu Dhabi and the UAE. This press release features multimedia.
FedEx (FDX) delivered more than $85 billion in direct impact and $39 billion in indirect impact to the global economy in fiscal year 2024 FedEx Corp. (FDX) today released its annual economic impact report, analyzing the company?s worldwide network and role in building prosperity in local communities during its 2024 fiscal year1.
Canada?s economy continues to grow, supported by a still favorable labor market, rising asset prices and falling inflation, according to a new AM Best report. However, population growth has started to outpace job creation, resulting in wage growth slowing and the unemployment rate increasing.
Fabio Natalucci Appointed as the CEO of the Institute, Steering Global Thought Leadership on Key Economic and Financial Trends Global professional services firm Andersen is launching the Andersen Institute for Finance & Economics under the leadership of Fabio Natalucci to focus on key global trends affecting the world economy, financial markets, and business decisions.
New offering equips students with advanced quantitative skills to tackle global economic challenges The Fletcher School, the graduate school of global affairs at Tufts University, has launched a STEM-designated track in International and Development Economics as part of its renowned Master of Arts in Law and Diplomacy program.
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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