Bitdeer Technologies Group (BTDR), a world-leading technology company for blockchain and high-performance computing, today announced the pricing of its underwritten public offering of US$150,000,000 aggregate principal amount of 8.50% convertible senior notes due 2029.
Municipal bond mutual funds saw inflows as investors added $528.7 million to funds after $674.1 million of inflows the week prior, according to LSEG Lipper. This marks seven straight weeks of inflows.
Interest rate expectations for the Federal Reserve have undergone volatile swings recently due to conflicting economic data. However, these expectations have significantly shifted, with markets now pricing in a higher likelihood of a more modest 25-basis-point cut.
Salt Lake City School District is seeking $730 million of bonds and Salt Lake County is asking for $507 million of bonds at the Nov. 5 general election.
Image: CS 2024 Winners The Federal Home Loan Bank of Indianapolis has awarded the 2024 Community Spirit Award to Vice President James Parker of Central Savings Bank in Sault Ste.
Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.49 percent. ?While rates increased slightly this week, they remain more than half a percent lower than the same time last year,? said Sam Khater, Freddie Mac?s Chief Economist.
Amazon.com Inc (AMZN) shares are trading higher Thursday. What Happened: According to data released by the Census Bureau on Thursday, retail sales jumped 1% month-over-month in July versus economist expectations for a 0.3% increase. Jobless claims also fell to their lowest levels in five weeks, easing concerns over weakening labor market conditions.
Bitdeer Technologies Group (BTDR), a world-leading technology company for blockchain and high-performance computing, today announced a proposed registered underwritten public offering by the Company of US$150,000,000 aggregate principal amount of its convertible senior notes due 2029, subject to market and other conditions. The Notes will be senior, unsecured obligations of the Company.
U.S. retail sales soared by 1% month-over-month in July, sharply rebounding from stagnation in June and far outpacing the anticipated 0.3%, according to preliminary estimates released Thursday. At the same time, initial jobless claims fell short of expectations last week, signaling easing concerns in labor market conditions.
The latest price moves in bitcoin (BTC) and Crypto (CRCW) markets in context for Aug. 15, 2024. First Mover is CoinDesk?s daily newsletter that contextualizes the latest actions in the Crypto (CRCW) markets.
The state has selected a stretch of Interstate 24 between Nashville and Murfreesboro to be its first "Choice Lane," an optional toll lane to bypass congestion.
Marathon Digital Holdings, Inc. (MARA), a global leader in leveraging digital asset compute to support the energy transformation, today announced the closing of its offering of 2.125% convertible senior notes due 2031.
The Investment Company Institute reported $839 million of inflows into municipal bond mutual funds for the week ending Aug. 7 after $442 million of outflows the week prior. Exchange-traded funds saw $680 million of inflows after $950 million of inflows the previous week.
The latest inflation figures have set the stage for a potential shift in monetary policy, with experts suggesting this could herald a bullish period for cryptocurrencies. What Happened: As the Federal Reserve contemplates interest rate cuts, financial analysts are pointing to a changing economic landscape that may favor digital assets in the coming months.
The Financial Industry Regulatory Authority adds Morgan Stanley (MS) to the growing list of firms charged with mark-up and mark-down failures on municipal securities transactions.
The July consumer inflation data released Wednesday suggests the Federal Reserve may not cut rates as deeply as expected in September, one CIO said in the wake of the Consumer Price Index report.
Today, we got the July Consumer Price Index report which showed an overall increase of 2.9% for the last year and 0.2% for the month. The CPI just cracked 3% and the sticky Core is declining. Now above 2%. Still not "restrictive", but tighter than before. Food: Food inflation came in at 2.2%, up 0.2% from last month.
Gold prices have seen significant fluctuations recently, mostly due to U.S. economic data that fell short of expectations. The market reacted to disappointing inflation reports, and the release of the U.S. Producer Price Index, which also missed economists' forecasts, added to the volatility, causing gold prices to swing.
By RoboForex Analytical Department USD/JPY has retreated from its peak this week, settling at 146.82. The yen gained some strength as the US dollar weakened following July's lacklustre US Producer Price Index data. The focus now shifts to the July US Consumer Price Index, due for release today.
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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