U.S. job openings increased marginally in August while hiring declined, consistent with softening labor market conditions that could allow the Federal Reserve to cut interest rates again next month despite resilient consumer spending.
U.S. job openings increased marginally in August while hiring declined, consistent with softening labor market conditions that could allow the Federal Reserve to cut interest rates again next month despite resilient consumer spending.
The Conference Board's measure of consumer confidence fell to 94.2 in September from 97.8 in August, below a reading of 96.0 expected in a survey compiled by Bloomberg as of 7:35 am ET and the lowest level since April 2025.
Australian home prices increased at the fastest pace in a year in September, driven by rate cuts and record-low listings, property consultant Cotality said on Wednesday. National home prices increased 0.8% to a record median value of A$857,280 in September, marking the strongest monthly gain since October last year, according to figures from Cotality, formerly CoreLogic.
FNRP CIO Michael Hazinski Highlights Opportunities Emerging from Fed Rate Cut RED BANK, N.J., Sept. 30, 2025 /PRNewswire/ -- First National Realty Partners, a leading national private equity commercial real estate firm, anticipates increased commercial real estate transaction activity following the Federal Reserve's decision to reduce its benchmark interest rate.
A sharp deterioration in consumers' views of the current economic situation weighed on confidence NEW YORK, Sept. 30, 2025 /PRNewswire/ -- The Conference Board?Consumer Confidence Index? declined by 3.6 points in September to 94.2, down from 97.8 in August.
The Institute for Supply Management's Chicago PMI reading fell to 40.6 in September from 41.5 in August, compared with an expected 43.3 print in a survey compiled by Bloomberg as of 7:35 am ET. Other regional manufacturing data already released for September have indicated mixed results. The national ISM manufacturing index is due to be released on Wednesday.
Greystone, a leading national commercial real estate finance company, announced the closing of a $30,000,000 Freddie Mac Conventional loan for Sloane Chelsea, a 266-unit high-rise multifamily property located at 360 West 34th Street in New York, NY. The financing was originated by Robert Meehan, Managing Director at Greystone.
The consensus is overwhelmingly for no policy change on Tuesday at Colombia's central bank, said Societe Generale. The bank doesn't rule out a 25bps cut to 9.0% following a narrow 4-3 vote in favor of a hold in July. The hawkish hold at the last meeting presents upside risk to SocGen's house view for 8.75% by end 2025 and 7.25% at the end of 2026. MT Newswires does not provide investment advice.
"The intersection between the public impact and the financial markets is unique and it brings a lot of good people to the same place. I really enjoy being a part of this community," Connor Benoit said.
Since joining Orrick in Los Angeles more than a decade ago, Steffi Chan has brought her technical expertise and leadership skills to her local government and state agency clients.
Since joining Ramirez's Texas public finance banking team six years ago, Sara Cheek has participated in more than $50 billion of bond issuances for various clients across Texas.
Conza has led multiple financings for the airport's multibillion dollar capital program as he strategically plans for future aviation needs that serve both the local community and air travelers.
Since joining Ramirez's Texas public finance banking team six years ago, Sara Cheek has participated in more than $50 billion of bond issuances for various clients across Texas.
"Jenna's ability to proactively identify and assess weaknesses and events that have impacted her covered credits has been instrumental in the company's risk managing efforts," said Victor Chu, a managing director with Assured Guaranty.?
"Public finance isn't about just numbers or documents," said Charity Karanja. "It's about enabling access, driving development and creating opportunities."
"Municipal finance ? especially bond insurance ? is pretty niche, so BAM's managment realizes we need to be proactive in introducing the industry to young professionals," said Ben O'Malley.
Tom Ricchiuto credits his multiple mentors for building his confidence and skills and encouraging him to be himself, be human, and remember that clients and colleagues are people first.?
"Early on in my career I learned to search for opportunities. It's like hitting a really good golf shot and then you are hooked," said Cameron Thatcher. "That was me."
As bond counsel, Walsh has financed health care and affordable care facilities, continuing care retirement communities, charter schools and many other nonprofit organizations.
"Taking the time to inspire, mentor and grow someone's knowledge is a benefit to the industry. I want to be someone the next generation can look to help them find their path," said Tom Zemetis.
Federal Reserve Bank of Boston President Susan Collins said Tuesday she's open to more interest rate cuts amid expectations price pressures will start to wane some time next year.
Federal Reserve Bank of Boston President Susan Collins said on Tuesday that she's open to more interest rate cuts amid expectations price pressures will start to wane sometime next year. "It may be appropriate to ease the policy rate a bit further this year - but the data will have to show that," Collins said in remarks delivered to the Council on Foreign Relations in New York.
Federal Reserve liquidity facilities saw much less interest from Wall Street than expected on Tuesday as the third quarter came to a surprisingly quiet close. On Tuesday, money market funds and other eligible firms parked $49.1 billion at the central bank's overnight reverse repo facility.
Joint initiative will create a Business Spend Index Report to provide AI-powered predictions into future business spend and global trade, equipping businesses to build resilience FOSTER CITY, Calif.
The Case-Shiller National Home Price index fell by 0.2% in July before seasonal adjustment following a 0.1% increase in June. National home prices were up 1.7% year-over-year, slower than the 1.9% gain in June and one of the weakest rates in the last 10 years according to S&P. The 10-city index and 20-city index both fell by 0.3% in the month.
The FHFA's measure of home prices fell by 0.1% in July after an unrevised 0.2% decrease in the previous month, less than the 0.2% drop expected in a survey compiled by Bloomberg as of 7:35 am ET. Prices were up 2.3% from a year earlier in July. Home prices declined in five of the nine regions from June, was up in three regions and held steady in one region.
Carnival Corporation (CCL) said Tuesday it has commenced a private offering of new senior unsecured notes worth $1.25 billion, expected to mature in 2029. The cruise company said it intends to use the proceeds, together with cash on hand, to fully redeem its $2 billion 6% senior unsecured notes due 2029. MT Newswires does not provide investment advice.
The euro zone economy is handling U.S. tariffs better than earlier expected, leaving inflation risks "quite contained," European Central Bank President Christine Lagarde said on Tuesday. The ECB has kept interest rates steady since June and signalled that it was in no hurry to adjust policy further as the economy was holding up and inflation was now firmly around its 2% target.
Since spring this year, eurozone inflation has fluctuated closely around the 2.0% year-over-year target, said Berenberg. While inflation has likely increased in September, judging by Tuesday's data from key member states, such a short-term uptick would still be no reason for the European Central Bank to shift its policy stance, in Berenberg's view.
U.S. Federal Reserve vice chair Philip Jefferson, a potentially pivotal figure in President Donald Trump's effort to appoint a majority of the Fed's 7-member Board of Governors, said on Tuesday he has not yet considered whether to keep his board seat after his vice chair term ends in September 2027.
MIAMI, Sept. 30, 2025 Carnival Corporation (CCL) & plc today announced that Carnival Corporation (CCL) commenced a private offering of new senior unsecured notes in an aggregate principal amount of $1.25 billion, expected to mature in 2029. This press release does not constitute a notice of redemption with respect to the 2029 Unsecured Notes.
Chile's unemployment rate hit 8.6% in the quarter through August, government statistics agency INE said on Tuesday. Economists polled by Reuters expected it to come in at 8.7%.
Prospera Funds Inc., a newly formed asset management firm founded by veteran industry executive Michael Pierce, proudly announces the launch of its first ETF, Prospera Income ETF . The Prospera Income ETF aims to deliver attractive, consistent monthly distributions 3-4% above the 10-year U.S. Treasury yield.
A hold would surprise markets more than economists when the Reserve Bank of India offers its latest decision on Wednesday, said Scotiabank. Markets are roughly 80% priced for a cut, but the majority of economists lean toward a hold, noted the bank. The RBI has the cover to cut, given that inflation remains low at close to 2% year over year, pointed out Scotiabank.
Brazil's public sector gross debt stood at 77.5% of gross domestic product in August, central bank data showed on Tuesday, unchanged from the previous month, while economists polled by Reuters expected it to rise to 78% of GDP. The public sector recorded a primary deficit of 17.255 billion reais for the month, narrower than the 21 billion real shortfall forecast in the poll.
The US dollar fell against its major trading partners early Tuesday, except for a gain versus the Canadian dollar, before a busy schedule of economic data releases, starting with weekly Redbook same-store sales at 8:55 am ET. Home price data for July follows at 9:00 am ET and the Chicago purchasing managers' index for September is due to be released at 9:45 am ET.
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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