Lower borrowing costs expected to accelerate multifamily, mixed-use, and adaptive reuse development across Austin, San Antonio, San Marcos, Dallas?Fort Worth, and Houston The Federal Reserve?s recent 25-basis-point rate cut, lowering the benchmark to 4.00?4.25%, is being hailed by American Ventures Founder & CEO Shravan Parsi as a critical turning point for Texas commercial real estate.
U.S. job openings increased marginally in August while hiring declined, consistent with lackluster labor market conditions that could allow the Federal Reserve to cut interest rates again next month despite resilient consumer spending. Households are also growing pessimistic about the labor market.
US consumer confidence this month deteriorated to its lowest level since April amid concerns about the labor market, while 12-month inflation expectations declined, a report by the Conference Board showed Tuesday. The consumer confidence index dropped 3.6 points sequentially to 94.2 in September.
* Job openings increase 19,000 to 7.227 million in August. * Fed likely to cut rates to shore up labor market. * Government shutdown will delay economic data releases. By Lucia Mutikani.
US job openings rose in August, while hiring eased as markets weighed the prospects of a potential federal government shutdown that could delay crucial economic data, including Friday's nonfarm payroll report. Vacancies increased to 7.23 million as of the last day of August from 7.21 million the month before, according to the Bureau of Labor Statistics' job openings and labor turnover survey.
Federal Reserve Vice Chair Philip Jefferson said despite the near term cloudiness to economic projections, he does expect inflation to resume its downward trajectory next year and reach the Fed's 2% inflation target in the coming years.
ING continues to expect the Australian dollar to maintain its good performance into a seasonally favorable Q4. With the Reserve Bank of Australia now sounding more cautious on rate cuts, AUD can attract good buying flows until the data offers more clarity, wrote the bank in a note. The RBA held the cash rate steady at 3.6% earlier Tuesday.
Thermo Fisher Scientific Inc. (TMO) is tapping the U.S. investment-grade bond market with a four-part, dollar-denominated offering, as companies move to secure funding ahead of a potential U.S. government shutdown. Citing sources familiar with the matter, Bloomberg noted that the longest tranche of the sale ?a 12-year security ?could yield about one percentage point above Treasuries.
When the Bank of Canada began cutting rates in summer 2024, the prevailing view was that it would reignite a housing frenzy, Rosenberg Research said. "That has not happened at all," noted Rosenberg Research. The BoC has taken the policy rate from 5.0% to 2.5%, but housing starts and home sales have gone nowhere, stated Rosenberg.
The U.S. Labor Department said on Tuesday the weekly jobless claims report would not be released in the event of a government shutdown, clarifying an earlier statement. Government funding will expire at midnight on Tuesday unless Republicans and Democrats agree to a last-minute temporary spending deal.
KBRA is pleased to announce the assignment of preliminary ratings to three classes of FREMF Series 2025-K172 mortgage pass-through certificates and three classes of Freddie-Mac structured pass-through certificates, Series K-172. The underlying transaction is collateralized by 36 fixed-rate multifamily mortgage loans.
* BANK OF CANADA TO AUCTION C$23 BILLION T-BILLS ON OCTOBER 7, FINAL CALL FOR TENDERS SHOWS. * BANK OF CANADA TO SELL C$13.4 BILLION 98-DAY T-BILLS, C$4.8 BILLION 182-DAY T-BILLS, C$4.8 BILLION 364-DAY T-BILLS Source text: https://www.bankofcanada.ca/markets/government-securities-auctions/calls-for-tenders-and-results/regular-treasury-bills/
* Gold up 11.6% so far this month. * Payrolls data likely to be delayed if government shutdown occurs. * Gold on track for best month since August 2011. * Silver on track for best month since July 2020. By Noel John and John Biju.
U.S. consumer confidence declined more than expected in September amid mounting worries over the availability of jobs. The Conference Board said on Tuesday its consumer confidence index dropped by 3.6 points to 94.2 this month.
U.S. consumer confidence declined more than expected in September amid mounting worries over the availability of jobs. The Conference Board said on Tuesday its consumer confidence index dropped by 3.6 points to 94.2 this month.
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.
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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