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...
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.
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.
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...
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.
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.
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.
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.
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.
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.
NEW YORK, March 17, 2023 The Conference Board Leading Economic Index? ?for the?U.S. fell again by 0.3 percent in February 2023 to 110.0, after also declining by 0.3 percent in January.
CLEARWATER, Fla. Recently, the U.S. Bureau of Labor Statistics reported that, in 2022, total job separations in America increased by 3.2 million over 2021 while the number of people quitting their job reached 50.6 million, the highest annual level in the survey's history.
Foundation leadership to meet with grantees, private sector, and government officials in support of India's renewable energy initiatives, and G20 leadership to help reform international financial institutions NEW YORK, March 15, 2023 /PRNewswire/ -- The Rockefeller Foundation announced today that President Dr. Rajiv J. Shah, along with leaders of the Foundation's Power & Climate and Asia Regio...
RALEIGH, N.C., March 15, 2023 Several factors, including global economic conditions, government regulations, and trends in construction and manufacturing, will likely influence the outlook for carbon steel production in 2023-24. ?In general, a strong global economy and increased demand for construction and manufacturing products are likely to drive carbon steel production.
NGA's EIM contract integrates commercial solutions into agency processes to further national security ARLINGTON, Va., March 15, 2023 /PRNewswire/ -- Royce Geo?today announced its continued support of the National Geospatial-Intelligence Agency's Economic Indicator Monitoring contract.
US Treasury official, speaking in her personal capacity, to keynote the?Future of Money, Governance, and the Law?hosted by the?Government Blockchain Association, May 24-25, Washington, DC.
Unemployment rate for tech remains low with sustained demand for tech talent DOWNERS GROVE, Ill. #JobsReport data. "As expected, the lag in labor market data means prior layoffs announcements are now appearing in BLS reporting," said Tim Herbert, chief research officer, CompTIA.
PITTSBURGH, March 10, 2023 Federated Hermes Premier Municipal Income Fund (FMN) has declared a dividend. Tax-Free Dividend Per Share The change from the previous month is due to ongoing rate increases from the Federal Reserve, which have caused the fund's cost of leverage to increase more rapidly than portfolio income.
LONDON, March 9, 2023 The increase in central bank rates to combat inflation and Russia's ongoing conflict in Ukraine continue to negatively impact economic activity around the world. Governments are faced with tough trade-offs as they balance concerns for society, the environment, and security in the coming years.
LONDON, March 9, 2023 The increase in central bank rates to combat inflation and Russia's ongoing conflict in Ukraine continue to negatively impact economic activity around the world. Governments are faced with tough trade-offs as they balance concerns for society, the environment, and security in the coming years.
WASHINGTON, March 8, 2023 Dr. Thomas J. Miller, Jr. of Mississippi State University announced the release of a new study, "Effects of Illinois' 36% Interest Rate Cap on Small-Dollar Credit Availability and Financial Well-Being" in collaboration with fellow finance experts J. Brandon Bolen of Mississippi College and Gregory Elliehausen, Board of Governors, Federal Reserve System.
ROSELAND, N.J., March 8, 2023 Private sector employment increased by 242,000 jobs in February and annual pay was up 7.2 percent year-over-year, according to the February ADP? National Employment ReportTM produced by the ADP Research Institute? in collaboration with the Stanford Digital Economy Lab.
TEMPE, Ariz. Nancy LeMaster, MBA, Chair of the Institute for Supply Management? Hospital Business Survey Committee: "The Hospital PMI??registered 53.5 percent in February, a 1-percentage point increase from the January reading of 52.5 percent, indicating a 33rd consecutive month of growth.
New survey from Paxos shows that 75 percent of consumers remain confident in the future of crypto NEW YORK, March 7, 2023 /PRNewswire/ --?Despite a disruptive end to 2022 within the crypto industry, a vast majority of consumers remain confident in the future of cryptocurrency and are unphased by the volatility the marketplace has experienced over the previous months.
BEIJING, March 7, 2023 ?As an important part of China's economic development, the private sector contributes over 60 percent of the gross domestic product, over 50 percent of the total tax revenue and over 80 percent of urban employment, besides more than 70 percent of technological innovations and 90 percent of market entities in China, according to the National Development and Reform Commission.
NEEDHAM, Mass. OverviewThe majority of travelers plan to travel in the upcoming season according to consumer sentiment research commissioned by Tripadvisor (TRIP) in six key global markets. Inflationary pressures appear to have less impact on travel planning, when compared to data from previous editions of the Seasonal Travel Index.
NEW YORK, March 7, 2023 Consumers' planned budgets for shopping have dropped slightly over the six-month period according to the results of two surveys, each of more than 450 US consumers, fielded in August 2022 and February 2023. In August, 19% of respondents expected to budget more shopping through the end of 2022.
Latest recognition for PPI ETF that finished 2022 as #1 in its Morningstar category, garnering attention and assets for its proven approach to combating the effects of inflation and profiting in an environment of rising prices NEW YORK, March 6, 2023 /PRNewswire/ -- AXS Investments, a fast-growing asset manager focused on providing access to alternative investments for growth, income and divers...
BEIJING, March 6, 2023 China sets its GDP growth target for 2023 at around 5 percent. It is worth noting that the international community generally believes that the 5 percent target is "moderate," "gentle," and "cautious." In fact, 5 percent is not low. The Government Work Report also summarized the work of the past year and the past five years.
BEIJING, March 6, 2023 China has set its annual GDP growth target at around 5 percent for 2023, as the country embarked on a rapid economic recovery after a decisive victory against COVID-19, while putting emphasis on ensuring economic stability and high-quality growth, sustainable development amid global economic volatility and geopolitical uncertainty.
BEIJING, March 3, 2023 A report from chinadaily.com.cn: China's GDP growth was the top concern among global internet users, according to an online survey by China Daily's website and 10 global media outlets.
Top ESG evaluators recognize Infosys' (INFY) dedication to sustainability and ethics in business BENGALURU, India, March 2, 2023 /PRNewswire/ -- Infosys?, a global leader in next-generation digital services and consulting, today announced it is featured as a top performer across several global industry rankings and assessments in Environmental, Social, and Governance in FY22-23.
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.
Log In Required
Line of Credit Log In Required
Publication Date