News Results

  1. The Conference Board Leading Economic Index? (LEI) for the U.S. Fell in April
    PR Newswire | 05/19/22 10:00 AM EDT

    NEW YORK, May 19, 2022 The Conference Board Leading Economic Index? for the U.S. decreased by 0.3 percent in April to 119.2, following a 0.1 percent increase in March. "The US LEI declined in April largely due to weak consumer expectations and a drop in residential building permits," said Ataman Ozyildirim, Senior Director of Economic Research at The Conference Board.

  2. Rapidly Rising Rates and Persistent Inflation Further Soften Economic Outlook
    PR Newswire | 05/19/22 08:30 AM EDT

    Housing Activity Expected to Slow Further as Affordability Worsens WASHINGTON, May 19, 2022 ?Persistent inflation, rising interest rates, and a slowdown of global economic growth are the primary contributing factors to updated expectations that full-year 2022 real GDP will grow at the reduced rate of 1.3 percent, 0.8 percentage points less than previously predicted, according to the May 2022 co...

  3. GI Hub convenes global experts to advise on a G20 framework to boost investment in sustainable infrastructure
    PR Newswire | 05/18/22 07:40 PM EDT

    SYDNEY, May 18, 2022 The Global Infrastructure Hub has announced the formation of a Technical Working Group of global infrastructure, finance, and climate experts to provide strategic advice to the G20 and GI Hub on a forthcoming framework that will offer new recommendations for scaling up private sector investment in sustainable infrastructure.

  4. Second G20 DEWG focuses on digital connectivity for recovery
    PR Newswire | 05/18/22 02:54 PM EDT

    JAKARTA, Indonesia, May 18, 2022 ?The Indonesian government has urged the G20 Digital Economy Working Group to continue the discussion on digital connectivity. Johnny G. Plate, stated. The DEWG is part of the Indonesian G20 Sherpa Track.

  5. Huma calls for safeguarding of scientific collaboration to tackle global health challenges during event at World Economic Forum
    PR Newswire | 05/18/22 08:17 AM EDT

    LONDON, May 18, 2022 Huma, a global digital health technology company and member of the World Economic Forum's Global Innovators Community, calls for the commercial sector to 'recognise the value of scientific collaboration' and build on the innovation to help people live longer, fuller lives seen during the COVID-19 pandemic.

  6. Global Industry Statement on the WTO Moratorium on Customs Duties on Electronic Transmissions
    PR Newswire | 05/17/22 03:36 PM EDT

    NEW YORK, May 17, 2022 The United States Council for International Business joined today nearly 100 other global trade and industry associations to urge WTO?members to renew the Moratorium on Customs Duties on Electronic Transmissions at the 12th WTO Ministerial Conference in June.

  7. Filecoin Foundation Announces Decentralized Web Gateway at Davos, a Multi-day Event Held During The World Economic Forum Annual Meeting 2022
    PR Newswire | 05/16/22 12:00 PM EDT

    Filecoin Foundation leaders and partners will discuss the power of the decentralized web alongside one of the world's preeminent gatherings of global leaders SAN FRANCISCO, Calif.

  8. New Report Estimates the Metaverse Could Contribute 2.8% to Global GDP in Its First Decade
    PR Newswire | 05/16/22 06:00 AM EDT

    The contribution to GDP in 2031 from the metaverse could be $3 trillion if adoption begins in 2022, according to economists from Analysis Group?. BOSTON, May 16, 2022 /PRNewswire/ -- Economic experts at Analysis Group, one of the largest international economics consulting firms, released a report suggesting that if metaverse adoption and impact evolves similarly to mobile technology, it could c...

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.