Provident Bank, a leading New Jersey-based financial institution, today released results from its 2023 Consumer Spending Survey, which polled 1,000 adults living in the U.S. to determine how consumers are adjusting their personal spending, saving and travel habits.
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 February was $7.9 billion, up 11 percent year-over-year from new business volume in February 2022.
Alpha Transform Holdings subsidiary Alpha Sigma Capital Research, a leading blockchain research firm, today released a research report on OriginTrail,?a new ecosystem dedicated to making the global economy work sustainably by organizing humanity's most important knowledge assets.
Key Highlights WASHINGTON ? Existing-home sales reversed a 12-month slide in February, registering the largest monthly percentage increase since July 2020, according to the National Association of Realtors?. Month-over-month sales rose in all four major U.S. regions.
The Open Society Foundations today announced that they are giving $1.7 million to a United Nations initiative in the Middle East and North Africa region that seeks to catalyze increased public spending on achieving the UN?s Sustainable Development Goals by negotiating reduced national debt service payments.
Numerator Projections Indicate a Likely Modest Increase in the Rate of Inflation for Food at Home and Alcoholic Beverages at Home in the Upcoming Consumer Price Index Report Numerator projects the Consumer Price Index for food at home and for alcoholic beverages at home both increased 0.5% month-over-month in February.
Marathon Digital Holdings, Inc. (MARA), a leader in supporting and securing the Bitcoin ecosystem, today announced that based on the information made publicly available on Sunday, March 12, 2023 by the Treasury, Federal Reserve, and Federal Deposit Insurance Corporation, the Company?s deposits that were held at Signature Bank, New York, NY are secure and available for use as of Monday, March 13, 2023.
Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.73 percent. ?Mortgage rates continue their upward trajectory as the Federal Reserve signals a more aggressive stance on monetary policy,? said Sam Khater, Freddie Mac?s Chief Economist.
Poptential?, an award-winning family of free social studies course packages, offers instructors a variety of content to help students learn about the national debt using pop culture media to engage students. On January 19, 2023, the United States hit the national debt ceiling, the limit on how much national debt Congress allows the treasury to incur.
Zerify Inc. (ZRFY), the 22-year-old cybersecurity company focused on secure video conferencing & digital communications, announced today that last Thursdays Federal Reserve Zoombombing attack was preventable and to prove it?s point, Zerify (ZRFY) is offering a three month free trial of its Zerify Meet, the industry?s most secure video conferencing platform, with no strings attached.
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 $8.8 billion, up 6 percent year-over-year from new business volume in January 2022.
Key Highlights Existing-home sales fell for the twelfth straight month in January, according to the National Association of Realtors?. Month-over-month sales were mixed among the four major U.S. regions, as the South and West registered increases, while the East and Midwest experienced declines.
The latest International Monetary Fund report that was released in January 2023, indicates a projected growth of 4.5 per cent for the nation of St Kitts and Nevis this year. The report also found that the country?s Citizenship by Investment Programme also played a role in supporting the Twin Federation?s growth. The expected growth in St Kitts and Nevis? real GDP is 5.9 per cent for 2023.
Numerator projects that the Consumer Price Index for food at home increased 0.3% month-over-month in January. Numerator, a data and technology company providing insights into consumer behavior, has released its monthly Numerator Inflation Report, an advance projection of the US Bureau of Labor Statistics? monthly Consumer Price Index.
Numerator projects that the Consumer Price Index for food at home increased 0.3% month-over-month in January. Numerator, a data and technology company providing insights into consumer behavior, has released its monthly Numerator Inflation Report, an advance projection of the US Bureau of Labor Statistics? monthly Consumer Price Index.
Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.12 percent. ?Following an interest rate hike from the Federal Reserve and a surprisingly strong jobs report, mortgage rates increased slightly this week,? said Sam Khater, Freddie Mac?s Chief Economist.
Good news for savers. For those seeking to grow their savings, this presents a good opportunity to consider high yield savings accounts and certificates of deposit accounts. Co-founder of CompareAccounts.com Conor Keenan stated, "Our mission is to provide consumers with the necessary tools and information to make informed decisions about their finances.
HMG Strategy, the world's #1 digital platform for connecting business technology executives to reimagine the enterprise and reshape the business world, has published its 2023 Leadership and Technology Research Agenda. In 2023, HMG Strategy?s Research Team is focusing on the criticality of demonstrating resilient leadership in the face of global economic headwinds.
HomeTrust Bancshares, Inc. (HTBI), the holding company of HomeTrust Bank, today announced it has received the regulatory approvals, including approval from the Federal Reserve Bank of Richmond and the North Carolina Office of the Commissioner of Banks, necessary to complete the proposed merger of Quantum Capital Corp. with and into HomeTrust followed by the merger of Quantum National Bank with and int...
World Woman Foundation collaborates with?Cavrnus, Inc., and 10-year-old artist Aayati, the Co-Founder and Creator of Queendom Metaverse, to launch the first-ever metaverse to empower young girls between the ages of 10 to 18. According to UN Women, there are currently 1.1 billion girls worldwide. More than 450 global leaders from 30-plus countries attended the launch of the Queendom Metaverse.
First Fed Bank, subsidiary of First Northwest Bancorp (FNWB), announced today that Lynn Terwoerds has been appointed to the Board of Directors. "Lynn is a trusted leader and strategist with extensive experience in cybersecurity for Fortune Global 500 companies. ?First Fed is committed to delivering excellence to their customers, communities, and growing number of fintech partners.
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 December was $12.9 billion, up 9 percent year-over-year from new business volume in December 2021.
The U.S. economy will progressively slow through the first half of 2023 and fears of a recession are still high, and still warranted. U.S. consumers are still spending but doing so by increasing dependence on credit.
Key Highlights Existing-home sales retreated for the eleventh consecutive month in December, according to the National Association of Realtors?. Three of the four major U.S. regions recorded month-over-month drops, while sales in the West were unchanged.
PlugXR's no-code platform allows users to create the fastest Immersive applications, including Metaverse, Augmented Reality, and Virtual Reality applications by anyone. PlugXR V5.0 is already in action at the World Economic Forum 2023.
Pano AI, a pioneer in climate adaptation, has been selected as a winner of the World Economic Forum?s ?UpLink Trillion Trees: United States Challenge,? a competition to find innovative and ecopreneurial solutions to conserving and restoring US forests.
Numerator, a data and technology firm advancing market research, has released its monthly Numerator Retail Sales Report, an advance projection of the U.S. Census Bureau?s monthly retail and food services sales report, excluding motor vehicle & parts, gasoline, and miscellaneous retailers.
Freddie Mac reiterated today that it will transition its legacy U.S. dollar LIBOR-indexed contracts to an index based on the Secured Overnight Financing Rate for loans and securities for which Freddie Mac is responsible for selecting the replacement index.
Numerator, a data and technology company serving the market research space, has released its monthly Numerator Inflation Report, an advance projection of the U.S. Bureau of Labor Statistics? monthly Consumer Price Index. According to Numerator, seasonally adjusted prices for all food at home purchases increased 1.2% in December, an acceleration from the 0.5% increase in November.
Numerator, a data and technology company serving the market research space, has released its monthly Numerator Inflation Report, an advance projection of the U.S. Bureau of Labor Statistics? monthly Consumer Price Index. According to Numerator, seasonally adjusted prices for all food at home purchases increased 1.2% in December, an acceleration from the 0.5% increase in November.
Patch announced today it will join the First Movers Coalition, aligning with the technology platform?s mission to advance technology that makes meaningful climate action a part of everyone?s business. FMC aims to decarbonize ?hard to abate? industrial sectors that currently account for 30% of global emissions.
HMG Strategy, the World?s #1 digital platform for enabling technology executives to reimagine the enterprise and reshape the business world, is excited to share its lineup of 2023 CIO & CISO Executive Leadership Summits the company will be producing.
PDS Biotechnology Corporation (PDSB), a clinical-stage immunotherapy company developing a growing pipeline of targeted immunotherapies for cancer and infectious disease, today announced expanded interim data in a Phase 2 clinical trial investigating the PDS0101-based triple combination therapy in advanced human papillomavirus-positive cancers.
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.