News Results

  1. Economic Forecaster: ?Practical? Rate Cuts in 2024 Will Deliver a Growth Resurgence in 2025
    GlobeNewswire | 02/28/24 10:30 AM EST

    Economic growth in 2023 was robust when measured by gross domestic product, but business investment had turned anemic. ?2023 ended robustly by the GDP metric.

  2. Hunton Andrews Kurth Welcomes Travis G. Hill, Former CEO of Virginia ABC Authority, to Global Economic Development, Commerce, and Government Relations Team
    GlobeNewswire | 02/27/24 08:44 AM EST

    Hunton Andrews Kurth LLP is pleased to announce that Travis G. Hill, former CEO of the Virginia Alcoholic Beverage Control Authority and former Deputy Secretary of Agriculture and Forestry, has joined the firm?s Global Economic Development, Commerce and Government Relations Group as Counsel.

  3. Equipment Leasing and Finance Association?s Survey of Economic Activity: Monthly Leasing and Finance Index
    GlobeNewswire | 02/26/24 08:00 AM EST

    The Equipment Leasing and Finance Association?s Monthly Leasing and Finance Index, which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new business volume for January was $9.3 billion, up 6% year-over-year from new business volume in January 2023.

  4. Existing-Home Sales Rose 3.1% in January
    GlobeNewswire | 02/22/24 10:00 AM EST

    Key Highlights Existing-home sales grew in January, according to the National Association of Realtors?. Among the four major U.S. regions, sales accelerated in the Midwest, South and West, and remained steady in the Northeast. # # # For local information, please contact the local association of Realtors? for data from local multiple listing services.

  5. Trust Stamp listed by the Federal Reserve for combating synthetic identity fraud
    GlobeNewswire | 02/16/24 11:15 AM EST

    Trust Stamp, the Privacy-First Identity CompanyTM, providing AI-powered trust and identity services to global customers in both the governmental and private sectors has been listed by the Federal Reserve as a Fraud Mitigation Service Provider in the context of synthetic identity fraud having participated in a call for participation in September 2022.

  6. Jeff Ludwig Appointed to Federal Reserve Board Advisory Council
    GlobeNewswire | 02/06/24 08:00 AM EST

    Midland States Bancorp, Inc. (MSBI) today announced that Jeffrey G. Ludwig, its President and Chief Executive Officer, has been appointed to the Federal Advisory Council? of the Board of Governors of the Federal Reserve Board.

  7. TRU Staffing Partners Unveils Comprehensive 2024 eDiscovery Jobs Report at LegalWeek 2024
    GlobeNewswire | 01/30/24 07:00 AM EST

    TRU Staffing Partners, a globally recognized award-winning talent agency and four-time Inc. 5000 Fastest-Growing U.S. company, today announced the release of its highly anticipated 2024 eDiscovery Jobs Report during ALM?s LegalWeek 2024 event.

  8. Pending Home Sales Climbed 8.3% in December
    GlobeNewswire | 01/26/24 10:00 AM EST

    Key?Highlights Pending home sales in December elevated 8.3%, according to the?National Association of Realtors?. The Midwest, South and West posted monthly gains in transactions while the Northeast recorded a loss. # # #*The Pending Home Sales Index is a leading indicator for the housing sector, based on pending sales of existing homes.

  9. Chemung Financial Corporation Reports Annual Net Income of $25.0 million, or $5.28 per share, and Fourth Quarter 2023 Net Income of $3.8 million, or $0.80 per share
    GlobeNewswire | 01/25/24 04:10 PM EST

    Chemung Financial Corporation (CHMG), the parent company of Chemung Canal Trust Company, today reported net income of $25.0 million, or $5.28 per share, for the year ended December 31, 2023, compared to $28.8 million, or $6.13 per share, for the year ended December 31, 2022.

  10. Guggenheim First Quarter 2024 High-Yield and Bank Loan Outlook: Higher-Quality Leveraged Credit Should Benefit from Fed Easing Cycle
    GlobeNewswire | 01/24/24 04:22 PM EST

    Guggenheim Investments, the global asset management and investment advisory business of Guggenheim Partners, today provided its First Quarter 2024 High-Yield and Bank Loan Outlook.

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.

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