US equity futures were little changed pre-bell Wednesday as traders awaited minutes from the Federal Reserve's most recent policy-setting meeting. Dow Jones Industrial Average futures were 0.3% higher, S&P 500 futures were up 0.2%, and Nasdaq futures were 0.2% higher. The Federal Open Market Committee is scheduled to release the minutes from its latest meeting at 2 pm ET.
Chicago, Los Angeles and Portland will face economic costs from the Trump administration's showy deployments of National Guard troops and immigration agents.
Rezolve Ai (RZLV), the category-defining platform at the intersection of AI, commerce, and payments, today unveiled its framework for what it believes will be the next era of intelligent trade, the Age of Agentic Commerce, where autonomous AI systems will search, negotiate, and transact on behalf of people and enterprises in real time.
The US dollar rose against its major trading partners early Wednesday, except for a decline versus the Canadian dollar, ahead of the release of weekly oil stocks inventory data at 10:30 am ET and the minutes of the Sept. 16-17 Federal Open Market Committee meeting at 2:00 pm ET.
Wall Street futures pointed modestly higher pre-bell Wednesday, as traders awaited minutes of the Federal Reserve's Sept. 16-17 policy session, slated for release in Washington at 2 pm ET. In the futures, the S&P 500, the Nasdaq, and the Dow Jones pointed up about 0.2% from Tuesday closes.
The worst performing G10 currency overnight Tuesday was the New Zealand dollar, which has weakened by around 1.0% against the US dollar, said MUFG. The sell-off for the kiwi since the summer has been reinforced overnight by the Reserve Bank of New Zealand's decision to deliver a larger 50bps rate cut, stated MUFG.
North American Construction Group (NOA) overnight Tuesday said it entered into an underwriting agreement to sell an additional $125 million of its 7.75% senior unsecured notes due May 1, 2030, representing an additional issuance to the $225 million of 7.75% senior unsecured notes issued May 1. The company expects $350 million of initial notes and notes outstanding following the closing of the offering.
Uruguay's central bank late Tuesday said its Monetary Policy Committee cut its policy rate by 50bps to 8.25%. "As long as this scenario continues to evolve as expected, the BCU will continue the cycle of interest rate reductions toward a neutral policy stance" wrote the central bank in its policy statement. MT Newswires does not provide investment advice.
Canada's trade data have been pushed around this year by some big swings in gold exports and imports, said Bank of Montreal. Gold, silver and platinum exports fell almost 12% month over month in August, but are still up 13% from a year ago, noted the bank. Looking through the swings -- and more importantly -- exports of these precious metals have hit a towering $58 billion over the past year.
North American Construction (NOA) said Tuesday it has priced $125 million worth of its 7.75% senior unsecured notes due 2030 at 103% of face value in a private placement. The offering is in addition to a $225 million worth of debt issued under identical terms in May, the company said.
Federal Reserve Governor Stephen Miran on Wednesday sharply challenged the widespread view that tariffs are a significant cause of inflation, stating he sees no evidence in the data that they are a ?material driver? of rising consumer prices. Speaking at the MFA Policy Outlook 2025 conference, Miran outlined a data-driven case against the tariff-inflation link.
North American Construction Group Ltd. (NOA) announced today that it has entered into an underwriting agreement with a syndicate of underwriters to sell, pursuant to a private placement offering, an additional $125 million aggregate principal amount of its 7.75% senior unsecured notes due May 1, 2030, representing an additional issuance to the $225 million aggregate principal amount of 7.75% senior u...
The large issuance of munis this year, up 12.9% year-to-date, "disadvantaged" the asset class compared to other U.S. fixed income assets for a majority of 2025, said Pat Haskell, head of the municipal bond group at BlackRock.
IREN Limited (IREN) today announced its intention to offer, subject to market and other conditions, $875 million aggregate principal amount of convertible senior notes due 2031 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
Financial stocks were mixed in late Tuesday afternoon trading with the NYSE Financial Index dropping 0.4% and the Financial Select Sector SPDR Fund gaining 0.1%. The Philadelphia Housing Index fell 3%, and the Real Estate Select Sector SPDR Fund shed 0.4%. Bitcoin declined 2.6% to $121,544, and the yield for 10-year US Treasuries dropped 4 basis points to 4.13%. In economic news, the US economy...
The US labor market outlook worsened further in September as earnings growth expectations reached the lowest in more than four years, while unemployment views increased, a survey by the Federal Reserve Bank of New York showed Tuesday.
Minneapolis Fed President Neel Kashkari said that he has seen signs of stagflation in recent data and warned that any rapid rate cuts could cause a sudden jump in inflation.
Stradling clients "were fortunate to receive proactive contact from SEC staff to reschedule imminent matters leading up to the shutdown," said Kathleen Marcus, a partner at Stradling.
Gold futures rose above $4,000 for the first time, buoyed by investor hedging against economic and political risks amid expectations of more interest rate cuts from the Federal Reserve. Gold for December delivery rose 0.8% to $4,008.2 per troy ounce in Tuesday trade, having reached $4,014.60 earlier in the session.
A debt restructuring by Ninnekah Public Schools aimed to reduce the impact of a court-approved settlement that will still result in a huge property tax hike.
Financial stocks were mixed in afternoon trading with the NYSE Financial Index dropping 0.4% and the Financial Select Sector SPDR Fund gaining 0.2%. The Philadelphia Housing Index fell 2.7%, and the Real Estate Select Sector SPDR Fund shed 0.2%. Bitcoin declined 2.3% to $121,815, and the yield for 10-year US Treasuries dropped 4 basis points to 4.12%. The US economy likely added 17,000 jobs in ...
Kenya's central bank Tuesday said its Monetary Policy Committee decided to lower the Central Bank Rate by 25bps to 9.25% as inflation stays on target. Kenya's overall inflation stood at 4.6% in September compared with 4.5% in August, and remained below the mid-point of the target range of 5%, more or less 2.5 percentage points.
Top US banks are calling on President Donald Trump for lead roles in the planned initial public offering of mortgage financing companies Fannie Mae and Freddie Mac, The Wall Street Journal reported Tuesday.
The recovery in Canadian trade from Q2's weakness was never going to be a straight line and August saw a curve in the wrong direction with the trade deficit widening by more than expected, said CIBC after Tuesday's data.
Consumer expectations for one-year US inflation growth increased to a 3.4% gain in September from a 3.2% gain in the previous month, according to a survey released by the New York Federal Reserve Bank on Tuesday. The median inflation expectations remained at a 3% gain for the fifth straight month for the three-year period and increased to a 3% gain from a 2.9% gain for five years ahead.
The Department of Transportation is offering its Consolidated Transportation Bonds in a competitive sale Wednesday to what promises to be a receptive market.
Canada's merchandise trade deficit widened to $6.3 billion in August from a revised $3.8 billion -- previously $4.9 billion -- in July, said Bank of Montreal after Tuesday's data. Exports dropped 3.0% month over month, ending three months of recovery from the spring plunge.
Canada's trade deficit widened from a revised $3.8 billion in July to $6.3 billion in August, said TD after Tuesday's data. Exports in August pulled back 3% month-on-month after three consecutive monthly gains, noted the bank.
Progyny, Inc. (PGNY), a global leader in women?s health and family building solutions, today announced that CEO Pete Anevski has been honored with the recognition as a Champion for Women?s Health by the World Economic Forum and the Global Alliance for Women?s Health.
Canada's trade deficit widened back out in August, as exports dropped off by 3.0% month over month and imports rose by 0.9% month over month, said CIBC.
News Summary Fortinet?, the global cybersecurity leader driving the convergence of networking and security, today announced that?Fortinet (FTNT) will again participate in the upcoming?World Economic Forum? Annual Meeting on Cybersecurity in Dubai, United Arab Emirates,?October 14-16.
Not for distribution to U.S. Newswire Services or Dissemination in the United States TORONTO, ONTARIO / ACCESS Newswire (ACCS) / October 7, 2025 / AmeriTrust Financial Technologies Inc. (AMTFF), a fintech platform targeting automotive finance is announcing that it has entered into an agreement with Clarus Securities Inc. in connection with a best efforts brokered offering consisting of a Debenture Offering of...
Canada's merchandise trade deficit with the world widened to $6.3 billion in August from $3.8 billion in July as exports fell 3.0% month over month, while imports were up 0.9% month over month, said the country's statistical agency Tuesday. August's deficit was worse than the $5.70 billion consensus deficit provided by MUFG.
Top US banks are calling on President Donald Trump for lead roles in the planned initial public offering of mortgage financing companies Fannie Mae and Freddie Mac, The Wall Street Journal reported Tuesday.
The Reserve Bank of New Zealand is slated to announce its policy decision at 9 p.m. ET on Tuesday. Consensus is divided between a 25bps cut and double that amount, with a slight leaning toward 25bps, said Scotiabank. Whatever the RBNZ does, it may surprise one or the other camp, noted the bank.
The US dollar rose against its major trading partners early Tuesday ahead of a busy day of economic data releases and appearances by Federal Reserve officials. The US government shutdown continues to impact the scheduling of government-produced data releases, postponing the release of international trade data for August.
Top US banks are calling on President Donald Trump for lead roles in the planned initial public offering of mortgage financing companies Fannie Mae and Freddie Mac, The Wall Street Journal reported Tuesday.
Solaris Energy Infrastructure (SEI) said Tuesday it priced an upsized offering of $650 million 0.25% convertible senior notes due 2031. Underwriters were granted a 13-day option to buy up to an additional $97.5 million of notes to cover over-allotments, Solaris said.
Canada is scheduled to release its international merchandise trade data for August at 8:30 a.m. ET on Tuesday, said Bank of Montreal. Canada's merchandise trade deficit is expected to widen to $6.0 billion in August from $4.9 billion in July, noted the bank.
Commerzbank in its "European Sunrise" note of Tuesday highlighted: Markets: United States Treasuries, Bund- and OAT-futures are little changed. Fed: Kansas City Federal Reserve Bank President Jeff Schmid says rates are "appropriately calibrated," monetary policy should "lean against demand growth" to relieve price pressures.
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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.
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