Grants Provided Through FHLB Dallas? Partnership Grant Program. Representatives from the Federal Home Loan Bank of Dallas and eight of its members awarded $283,000 in grants to eight nonprofits in DFW. This press release features multimedia.
- A look at the day ahead in Asian markets. Risk assets in Asia are set to open positively on Friday after a show of fortitude on Wall Street saw U.S. stocks end a choppy session in the green, as local attention turns to the latest inflation figures from Japan.
Nearly $49.5 million in Affordable Housing Program subsidy will benefit?affordable housing development in Kentucky, Ohio, Tennessee and beyond CINCINNATI, Nov. 21, 2024 /PRNewswire/ -- Federal Home Loan Bank of Cincinnati President and CEO Andrew S. Howell announced the recipients of 56 Affordable Housing Program grants totaling over $49.5 million?marking FHLB Cincinnati's largest grant announc...
A look at the day ahead in Asian markets. Risk assets in Asia are set to open positively on Friday after a show of fortitude on Wall Street saw U.S. stocks end a choppy session in the green, as local attention turns to the latest inflation figures from Japan.
U.S. small-cap stocks are delivering a standout performance in November, aligning with a well-established seasonal trend that often paves the way for a strong December. Historically, small caps tend to excel in the final two months of the year, with November?s impressive gains often rolling into December as part of the so-called ?Santa Rally.
Casella Waste Systems Inc (CWST): * Casella Waste Systems Inc (CWST) - OFFERING OF UP TO $45.0 MILLION OF FINANCE AUTHORITY OF MAINE SOLID WASTE DISPOSAL REVENUE BONDS SERIES 2024 Source text: Further company coverage:
Casella Waste Systems, Inc. (CWST), a regional solid waste, recycling and resource management services company, today announced an offering of up to $45.0 million aggregate principal amount of the Finance Authority of Maine Solid Waste Disposal Revenue Bonds Series 2024 under an indenture between the Authority and the bond trustee.
MicroStrategy? Incorporated today announced that it completed its previously announced offering of its 0% convertible senior notes due 2029. The notes are unsecured, senior obligations of MicroStrategy.
* US initial jobless claims rise less than expected. * Bitcoin continues climb toward $100,000. * Safe-haven yen strengthens on Ukraine conflict, Ueda comments. By Chuck Mikolajczak.
U.S. Treasury yields gained on Thursday as traders awaited fresh data that will offer further clues on Federal Reserve policy, after the U.S. government bonds earlier drew a safe-haven bid on news of a Russian missile attack on Ukraine.
"Volatility creates all kinds of opportunities in the municipal space, not just for tax-loss harvesting, but for positioning and parts of the yield curve that might be undervalued or certain sectors or states that are poised to perform well going into yearend," said Tim McGregor, a managing partner at Riverbend Capital Advisors.
* Canadian dollar gains 0.1% against the greenback. * Touches its strongest level since Nov. 12. * Government unveils C$6.3 billion in new spending. * 10-year yield touches four-month high at 3.466% By Fergal Smith.
- Chicago Federal Reserve President Austan Goolsbee on Thursday reiterated his support for further interest rate cuts and his openness to doing them more slowly, remarks that underscore the U.S. central bank's debate that it's not about whether, but over how fast and how far, borrowing costs should be lowered.
U.S. mortgage rates increased to a four-month high this week, which together with higher home prices could sideline potential buyers from the housing market in the near term. The average rate on the popular 30-year fixed-rate mortgage increased to 6.84%, the highest level since July, from 6.785% last week, mortgage finance agency Freddie Mac said on Thursday.
U.S. mortgage rates increased to a four-month high this week, which together with higher home prices could sideline potential buyers from the housing market in the near term. The average rate on the popular 30-year fixed-rate mortgage increased to 6.84%, the highest level since July, from 6.785% last week, mortgage finance agency Freddie Mac said on Thursday.
New data from the New York Federal Reserve suggests the U.S. central bank isn't facing any roadblocks to continuing forward with its ongoing effort to shrink the size of its balance sheet. The regional Fed bank reported on Thursday that its Reserve Demand Elasticity Measure 50th percentile reading stood at -0.15 on Nov. 13, holding steady relative to where it was a month ago.
New data from the New York Federal Reserve suggests the U.S. central bank isn't facing any roadblocks to continuing forward with its ongoing effort to shrink the size of its balance sheet. The regional Fed bank reported on Thursday that its Reserve Demand Elasticity Measure 50th percentile reading stood at -0.15 on Nov. 13, holding steady relative to where it was a month ago.
Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.84 percent. ?Mortgage rates ticked back up this week, continuing to approach 7 percent,? said Sam Khater, Freddie Mac?s Chief Economist.
Median household income grew less than half per capita GDP rate, study finds WASHINGTON, Nov. 21, 2024 While U.S. Gross Domestic Product growth has been robust in recent years, the average American has experienced a far more modest increase in income?less than half that of per capita GDP?an indication GDP may not be the best indicator of the nation's economic health, according to a new report b...
* US initial jobless claims rise less than expected. * Bitcoin continues climb toward $100,000. * Yen strengthens on Ukraine conflict, Ueda comments. By Chuck Mikolajczak.
BEIJING, Nov. 21, 2024 Chinese President Xi Jinping's visit to Latin America not only marks a new chapter in China's relations with the continent but also underscores China's commitment to advancing cooperation with and amplifying the voice of Global South nations, experts said.?Xi left Brasilia on Thursday after attending the 19th G20 Leaders' Summit and paying a state visit to Brazil.
Macro investor Jim Bianco, president of Bianco Research, has sparked a heated debate on Twitter about the potential long-term value of Bitcoin and its implications for the global economy.
-Uncertainties around U.S. policies may slow global economic growth modestly in 2025, according to major brokerages. World economies and equity markets have had a robust year, with global growth expected to average 3.1% this year, a Reuters poll published in October showed.
Freddie Mac Multifamily today announced a new CUSIP registration capability to better align its ML-Deal offerings for both commercial mortgage-backed securities and municipal bond investors, increasing liquidity across both markets and advancing Freddie Mac?s mission.
U.S. Treasury yields slipped on Thursday, drawing safe-haven bids on news of a Russian missile attack on Ukraine and after a mixed set of economic data showing the world's largest economy is gradually slowing.
Data detailing liquidity conditions in short-term markets showed few signs of pressure as of the middle of November, the Federal Reserve Bank of New York said Thursday. The bank said it Reserve Demand Elasticity Measure stood at -0.15 on Nov. 13, holding steady relative to readings a month ago.
U.S. existing home sales rebounded sharply in October, posting the first annual gain since mid-2021, as buyers rushed into the market to take advantage of a brief decline in mortgage rates. Home sales jumped 3.4% last month to a seasonally adjusted annual rate of 3.96 million units, the National Association of Realtors said on Thursday.
U.S. existing home sales rebounded sharply in October, posting the first annual gain since mid-2021, as buyers rushed into the market to take advantage of a brief decline in mortgage rates. Home sales jumped 3.4% last month to a seasonally adjusted annual rate of 3.96 million units, the National Association of Realtors said on Thursday.
NEW YORK, Nov. 21, 2024 The Conference Board Leading Economic Index???for the?US declined by 0.4% in October 2024 to 99.5, following a 0.3% decline in September.
Key Highlights Existing-home sales rose in October, according to the National Association of Realtors?. Sales improved in all four major U.S. regions. # # # For local information, please contact the local association of Realtors? for data from local multiple listing services.
* Weekly jobless claims drop 6,000 to 213,000. * Continuing claims increase 36,000 to 1.908 million. * Existing home sales rebound 3.4% in October. * Median home price rises 4.0% to $407,200 from year ago. By Lucia Mutikani.
Wall Street's main stock indexes opened higher on Thursday after data reflected a robust labor market, and AI-heavyweight Nvidia advanced after reporting upbeat quarterly results and forecast.
Alcoa Corporation (AA) today announced that it has joined the World Economic Forum?s First Suppliers Hub, a global repository of innovative suppliers providing materials needed to support the ambition of industrial decarbonization in the world by 2050.
* Snowflake jumps after raising annual product revenue forecast. * Deere shares up after Q4 profit beats estimates. * Crypto stocks gain as bitcoin prices near $100,000. * Weekly jobless claims stand at 213,000. * Futures: Dow up 0.45%, S&P 500 up 0.47%, Nasdaq up 0.49% By Johann M Cherian and Purvi Agarwal.
VALLEY FORGE, Pa., Nov. 21, 2024 Vanguard today launched Vanguard Core Tax-Exempt Bond ETF and Vanguard Short Duration Tax-Exempt Bond ETF, two active municipal ETFs managed by Vanguard Fixed Income Group.
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.