News Results

    PR Newswire | 03/29/23 04:00 AM EDT

    LONDON, March 29, 2023 /PRNewswire/ --?The British Virgin Islands' positive role in the global economy has been underscored in a new independent report launched today: 'Beyond globalisation: The British Virgin Islands contribution to global prosperity in an uncertain world'[1]. The report, based on quantitative and qualitative research of firms operating in the BVI1, shows that the BVI is home...

  2. US Consumer Confidence Increased Slightly in March
    PR Newswire | 03/28/23 10:00 AM EDT

    NEW YORK, March 28, 2023 The Conference Board Consumer Confidence Index? increased slightly in March to 104.2, up from 103.4 in February. "Driven by an uptick in expectations, consumer confidence improved somewhat in March, but remains below the average level seen in 2022. "While consumers feel a bit more confident about what's ahead, they are slightly less optimistic about the current landscape.

  3. CGTN: Analysis: China's economic resilience boosts global recovery prospects
    PR Newswire | 03/25/23 10:10 AM EDT

    BEIJING, March 25, 2023 Over the past three years, China has weathered several COVID-19 waves with massive vaccination drive. In response to the constantly evolving situation, China has optimized its COVID-19 response strategy by coordinating epidemic prevention and control with economic and social development.

  4. Banking System Instability May Prove Catalyst for Recession
    PR Newswire | 03/24/23 08:30 AM EDT

    Housing Activity Expected to Remain Subdued as Most Homeowners Remain 'Locked In' to Low Mortgage Rates WASHINGTON, March 24, 2023 /PRNewswire/ -- Due to stronger-than-expected economic data, Fannie Mae's Economic and Strategic Research Group revised upward its first quarter 2023 GDP forecast, which it finalized prior to the recent financial turmoil, and now projects a modest recession to begi...

  5. Mixed IT Employment Landscape: IT Jobs Continue to Slip in February Despite Unfilled Positions
    PR Newswire | 03/23/23 01:53 PM EDT

    ALEXANDRIA, Va., March 23, 2023 ?IT Jobs declined 0.12% month-over-month in February despite an unemployment rate in IT of only 2.1% in Q4, according to TechServe Alliance, the national trade association of the Technology Staffing and Solutions Industry. "In the aggregate, U.S. IT employment continued to decline reflecting softer demand in some sectors of the economy.

  6. Vena Enters 2023 Strong Following Record Q4 and 2022
    PR Newswire | 03/23/23 06:00 AM EDT

    CPM software provider grows customer base, empowering companies to Plan For Anything??amid global economic challenges. TORONTO, March 23, 2023 /PRNewswire/ --?Vena, the Complete Planning platform loved by finance and trusted by business, today announced record revenues and customer wins in its latest fiscal year despite significant economic headwinds.

  7. L3COS launches Decentralized Digital Assets Exchange & Marketplace featuring 100% liquid tokenized deposits safeguarded by Central Banks.
    PR Newswire | 03/22/23 09:00 AM EDT

    LONDON, March 22, 2023 L3COS, a blockchain based operating system, is pleased to announce the launch of its decentralized exchange in April 2023. The exchange is L3COS' first product to market made possible through proprietary Fiat-on-Chain? technology aiming to bridge the gap between traditional banking rails and a DEFI environment.

  8. Fla.'s Housing Market: Inventory, Median Prices Up in February
    PR Newswire | 03/21/23 11:05 AM EDT

    ORLANDO, Fla. Still, economic uncertainty, inflation and interest rates fluctuating above 6% impacted the state's housing sector. "The 30-year fixed mortgage rate was in the 6- to 6.5% range for much of January, which helped spur some renewed activity in the existing home sales market," said Florida Realtors Chief Economist Dr. Brad O'Connor.

    PR Newswire | 03/21/23 07:15 AM EDT

    Financing led by RBC with participation from existing investor CRCM Ventures provides capital to help support the growth of ClearBlue Market's technology platform. TORONTO, March 21, 2023 /PRNewswire/ - ClearBlue Markets Holding, a leading global carbon markets company, announced it has raised $8 million as part of its Series A financing led by Royal Bank of Canada.

  10. Setting the bar for economic growth
    PR Newswire | 03/20/23 08:58 AM EDT

    BEIJING, March 20, 2023 A news report from Beijing Review: China has set its GDP growth target at around 5 percent for this year. "The growth target is achievable in light of China's average annual GDP growth rate of 6.2 percent in the past 10 years. The NPC and CPPCC National Committee full sessions, China's major annual political events, ran from March 4 to 13 this year.

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.