News Results

  1. Manufacturing PMI? at 50.9%; September 2022 Manufacturing ISM? Report On Business?
    PR Newswire | 10/03/22 10:00 AM EDT

    New Orders and Employment Contracting; Production and Backlogs Growing; Supplier Deliveries Slowing at a Slower Rate; Raw Materials Inventories Growing; Customers' Inventories Too Low; Prices Increasing at a Slower Rate; Exports Contracting; Imports Growing. TEMPE, Ariz.

  2. Canvass AI CEO, Humera Malik, Joins World Economic Forum Strategy Series Event to Discuss AI Impact on Productivity and Sustainability
    PR Newswire | 10/03/22 09:00 AM EDT

    DENVER and TORONTO, Oct. 3, 2022 Canvass AI, a leader in industrial AI software, today announced that Humera Malik, CEO, will be speaking at the World Economic Forum Strategy Series event on October 4, 2022 in Troy, Michigan, which will be hosted by the newly launched US ?Center for Advanced Manufacturing.

  3. Fluency's CBDC technology meets all key ECB foundation design aspects for a digital euro
    PR Newswire | 09/30/22 03:52 PM EDT

    LONDON, Sept. 30, 2022 The European Central Bank released on 29th September 2022, their latest progress report on the investigation phase of their digital euro project and elaborates on foundational design features approved by the Governing Council. Further detailed information can be found at the following ECB link.

  4. SOS Limited Reports 2022 Interim Financial Results
    PR Newswire | 09/28/22 09:00 AM EDT

    Cryptocurrency mining and hosting services being rolled out in the ?U.S. Revenue declines due to global economy slow down Cash balance increased? from $185.5 million to $247.4 million NEW YORK, Sept. 28, 2022 /PRNewswire/ -- SOS Limited (SOS) today repot 2022 Interim financial results from operation.

  5. Ideanomics' subsidiary Energica to provide electric motorcycles for the upcoming G20 Bali summit
    PR Newswire | 09/28/22 05:00 AM EDT

    NEW YORK, Sept. 28, 2022 ?Ideanomics?, a global company focused on accelerating the commercial adoption of electric vehicles, today announced that its subsidiary Energica will provide 88 EsseEsse9+ motorcycles for the upcoming G20 Summit in Bali, Indonesia. This is Energica's largest single order to date and is valued at nearly $2 million.

  6. Consumer Confidence Improved Again in September
    PR Newswire | 09/27/22 10:00 AM EDT

    NEW YORK, Sept. 27, 2022 The Conference Board Consumer Confidence Index? increased in September for the second consecutive month. ?"Consumer confidence improved in September for the second consecutive month?supported in particular by jobs, wages, and declining gas prices," said Lynn Franco, Senior Director of Economic Indicators at The Conference Board.

  7. PENNSYLVANIA MEDIAN HOME SALES PRICE DIPS IN AUGUST
    PR Newswire | 09/23/22 10:03 AM EDT

    LEMOYNE, Pa., Sept. 23, 2022 For the first time since February, the median price for existing homes sold in Pennsylvania fell month over month, dropping 4.7% in August compared to July, according to a report prepared for the Pennsylvania Association of Realtors?. The median existing home sales price was $209,794 in August, up 5% year-over-year, but down from July's record high of $219,154.

  8. The Conference Board Leading Economic Index? (LEI) for the U.S. Declines Further in August
    PR Newswire | 09/22/22 10:00 AM EDT

    NEW YORK, Sept. 22, 2022 The Conference Board Leading Economic Index? ?for the?U.S. decreased by 0.3 percent in August 2022 to 116.2, after declining by 0.5 percent in July. "The US LEI declined for a sixth consecutive month potentially signaling a recession," Ataman Ozyildirim, Senior Director, Economics, at The Conference Board.

  9. Economic Indicators Continue to Point to Likely Recession in 2023
    PR Newswire | 09/21/22 08:30 AM EDT

    Housing Expected to Cool Even Further as Mortgage Rates Move Higher WASHINGTON, Sept. 21, 2022 Economic growth is projected to resume in the second half of 2022, but the combination of high inflation, monetary policy tightening, and a slowing housing market is likely to tip the economy into a modest recession in the new year, according to the September 2022 commentary from the Fannie Mae Econom...

  10. CGTN: China takes concrete action in boosting global economic recovery
    PR Newswire | 09/19/22 12:33 PM EDT

    BEIJING, Sept. 19, 2022 At the recently concluded Samarkand summit of the Shanghai Cooperation Organization, China expressed its readiness to work with the global countries to deepen practical cooperation in areas such as trade and investment, infrastructure, and maintaining the stability of supply chains. Efforts are already under way.

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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