News Results

  1. Jeff Bezos Counters Elon Musk-Led DOGE Cost-Cutting Plan, Says America Needs 'Growth Orientation:' Here's What The Amazon Founder Said To Tackle National Debt
    Benzinga | 12/05/24 07:02 AM EST

    Amazon.com Inc. founder Jeff Bezos offered an optimistic perspective on addressing America?s national debt crisis, emphasizing economic growth over spending cuts at the New York Times DealBook Summit on Wednesday. What Happened: ?The way out is by outgrowing them,? Bezos said, referring to economic challenges including the deficit and national debt.

  2. Fed Chair Powell Says Economy Remains Strong, Bitcoin Is 'Like Gold': Expert Weighs In
    Benzinga | 12/04/24 07:25 PM EST

    Federal Reserve Chair Jerome Powell said the U.S. economy remains strong and even commented on Bitcoin at the New York Times DealBook Summit on Wednesday. The Details: "The U.S. economy is in very good shape right now.

  3. Fed Chair Powell: Bitcoin Is 'Like Gold, It's Just Virtual And Digital'
    Benzinga | 12/04/24 03:56 PM EST

    Federal Reserve Chair Jerome Powell addressed the perception of Bitcoin at the DealBook Summit on Wednesday, asserting that the cryptocurrency is more akin to gold than the U.S. dollar. ?People use Bitcoin as a speculative asset.

  4. Jerome Powell Says US Economy In 'Remarkably Good Shape,' Fed Can Be 'A Little More Cautious' With Interest Rates
    Benzinga | 12/04/24 02:39 PM EST

    Federal Reserve Chair?Jerome Powell?painted a rosy picture of the U.S. economy ahead of key jobs data due Friday. What Happened: Speaking at the New York Times DealBook Summit on Wednesday, Powell stressed that the current state of the economy allows the Fed to exercise caution in moving rates back down to a more neutral level. ?The U.S. economy is in very good shape right now.

  5. Interest Rate Cut In December? St. Louis Fed's Musalem Urges 'Patient Approach' In 'Last Mile' To 2%
    Benzinga | 12/04/24 09:38 AM EST

    An interest rate cut at the upcoming Federal Reserve?s Dec. 18 meeting remains far from being a done deal, as St. Louis Fed President Alberto Musalem's latest remarks suggest policymakers may face a heated debate in the weeks ahead.

  6. Poland's GDP Set for Growth in 2025 as EU's Fastest Economy
    Benzinga | 12/03/24 04:02 PM EST

    Poland?s GDP is set to expand further in 2025, cementing its position as the European Union?s fastest-growing economy. Polish economic growth is projected at 3.7% next year, supported by private consumption and investments, European Commission data showed.

  7. Fed's Kugler Sees Inflation Progress But Warns: 'Policy Is Not On A Preset Course'
    Benzinga | 12/03/24 02:20 PM EST

    Federal Reserve Governor Adriana Kugler said on Tuesday that inflation ?appears to be on a sustainable path? but indicated that challenges still persist, adding that monetary ?policy is not on a preset course. #8221; Speaking at the Detroit Economic Club, Kugler described recent inflation readings as encouraging.

  8. Earnings Outlook For National Bank of Canada
    Benzinga | 12/03/24 09:01 AM EST

    National Bank of Canada (NTIOF) will release its quarterly earnings report on Wednesday, 2024-12-04. Analysts anticipate National Bank of Canada (NTIOF) to report an earnings per share of $1.81. The market awaits National Bank of Canada's (NTIOF) announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

  9. Earnings Preview For Royal Bank of Canada
    Benzinga | 12/03/24 09:00 AM EST

    Royal Bank of Canada (RY) is set to give its latest quarterly earnings report on Wednesday, 2024-12-04. Analysts estimate that Royal Bank of Canada (RY) will report an earnings per share of $2.16. The announcement from Royal Bank of Canada (RY) is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

  10. Federal Reserve's Christopher Waller Signals December Rate Cut, Predicts Inflation's 'Downward Path To 2%'
    Benzinga | 12/02/24 11:15 PM EST

    On Monday, Federal Reserve Governor Christopher Waller indicated he is ?leaning toward? supporting an interest rate cut at the central bank?s December meeting while acknowledging recent inflation data has raised concerns about price pressures stalling above the Fed?s 2% target.

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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