* Fed needs to move slowly with further rate cuts, Jefferson says. * Focus shifts to US non-farm payrolls data due on Thursday. By Brijesh Patel. Gold fell for a fourth straight session on Tuesday, weighed down by a firm dollar and diminished prospects of a U.S. interest rate cut next month. Spot gold was down 0.8% at $4,011.85 per ounce, as of 0646 GMT.
JP Morgan Asset Management's Bob Michele says the U.S. economy is ending the year on strong footing, with companies and consumers handling tariffs better than expected and a Federal Reserve rate cut potentially adding momentum heading into 2026.
JOHANNESBURG, Nov. 18, 2025 /PRNewswire/ --?Africa's abundant natural resources, young population and expanding middle class are set to redefine the continent's role in global economic growth, sustainable development and the energy transition, S&P Global (SPGI) said in its latest Look Forward Journal.
* * Open to shared services, vanilla derivatives in ring-fenced banks. * BoE to present reform proposals with finance ministry in 2026. By Phoebe Seers and Tommy Reggiori Wilkes.
OSI Systems, Inc. (OSIS) today announced the pricing of its offering of $500 million aggregate principal amount of 0.50% 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.
Amazon.com, Inc. (AMZN) is raising $15 billion through its first U.S. dollar bond sale since 2021. On Monday, the company launched a six-part bond offering, according to a filing with the Securities and Exchange Commission. The issuance included $2.5 billion each in 2028 and 2030 notes, $1.5 billion in 2033 notes, $3.5 billion in 2035 notes, $3 billion in 2055 notes and $2 billion in 2065 notes.
Bank of Japan Governor Kazuo Ueda said on Tuesday he told Prime Minister Sanae Takaichi the central bank was gradually raising interest rates to guide inflation smoothly towards its 2% target and ensure the economy achieves sustainable growth.
* Meeting scheduled 3:30 p.m., comes amid weak yen. * Finance minister voices alarm over volatile yen moves. * PM Takaichi has voiced displeasure over BOJ rate-hike plan. * Focus on whether PM would nod to near-term BOJ rate hike. By Leika Kihara.
Wall Street stocks closed sharply lower on Tuesday, extending a selloff prompted in part by the run-up to Nvidia (NVDA) earnings, which could test the artificial intelligence boom amid mounting valuation concerns. All three major U.S. stock indexes ended deep in negative territory, with crude, bitcoin and gold advancing and U.S. Treasury yields dipping as investor risk appetite soured.
* Stocks fall as investors await U.S. economic data. * Japan's PM Takaichi to meet BOJ governor as markets speculate on rates. * Fed rate-cut expectations decrease despite U.S. economic weakness. By Scott Murdoch.
* Fed needs to move slowly with further rate cuts, Jefferson says. * Focus shifts to US non-farm payrolls data due on Thursday. By Brijesh Patel. Gold fell for a fourth straight session on Tuesday, weighed down by a firm dollar and diminished prospects of a U.S. interest rate cut next month. Spot gold was down 0.1% at $4,039.19 per ounce, as of 0131 GMT.
Hyatt Hotels Corporation (H), a leading global hospitality company, announced today the pricing of its public offering of $400,000,000 aggregate principal amount of senior notes due 2035, which will bear interest at a fixed annual rate of 5.400%. The offering is expected to close on November 26, 2025, subject to customary closing conditions.
Gold fell for a fourth straight session on Tuesday, weighed down by a firm dollar and diminished prospects of a U.S. interest rate cut next month. FUNDAMENTALS. * Spot gold was down 0.1% at $4,038.43 per ounce, as of 0104 GMT. * The dollar held steady against its rivals after a sharp rise in the previous session.
* Dollar up as Fed fund futures imply a reduced 42% chance of December cut. * Finance minister Katayama says 'alarmed' over one-sided FX moves. * PM Takaichi to meet BOJ Governor Ueda later today. By Gregor Stuart Hunter.
British savers will have up to 120,000 pounds of their money protected in the event of a bank failure, the Bank of England said on Tuesday after increasing the deposit guarantee limit by 40%. The current Financial Services Compensation Scheme cap of 85,000 pounds was set in 2017.
* Fannie Mae officials found no clear evidence of fraud against James. * James faces charges of bank fraud, denies allegations. * Pulte accused of abusing position to target James. By Sarah N. Lynch and Andrew Goudsward.
Redwood Trust (RWT) said Monday it has priced an underwritten public offering of $100 million of 9.50% senior notes due 2030. The company said it has granted its underwriters a 30-day option to buy up to an additional $15 million of the notes. Redwood said it expects to close the offering on Nov. 19, with net proceeds to be used for general corporate purposes.
Federal Reserve Gov. Christopher Waller said in a speech Monday that private and public-sector data suggests that the labor market is continuing to weaken, making a 25 basis point rate cut in December a prudent choice.
Redwood Trust, Inc. (RWT) today announced the pricing of an underwritten public offering of $100,000,000 aggregate principal amount of its 9.50% senior notes due 2030.
Eight Democratic U.S. senators on Monday asked a congressional watchdog to "promptly" investigate whether Federal Housing Finance Agency Director Bill Pulte misused his authority by making criminal referrals against perceived opponents of President Donald Trump.
* US jobs, Nvidia (NVDA) earnings headline week ahead. * European shares slip. * Treasury yields dip. * Bitcoin erases year-to-date gains. By Stephen Culp. U.S. stocks extended their selloff and benchmark Treasury yields inched lower as investors embarked on a week of accelerated economic data releases in the aftermath of the longest government shutdown ever in the United States.
The Toronto Stock Exchange closed lower on Monday with the Bank of Canada seen moving back to the sidelines on rates after today's October inflation update, while the Information Technology sector led decliners amid early nerves across North America ahead of Nvidia reporting results after the bell Wednesday, providing market watchers with clues on the state of play in artificial intelligence.
U.S. firms in recent weeks have begun talking more frequently about plans for layoffs, adding to the case for reducing interest rates another quarter of a percentage point when the Fed meets next month, Federal Reserve Governor Christopher Waller said on Monday. "Four to six weeks ago, we were still in this kind of no hire, no fire mode," Waller said.
US equity indexes closed lower Monday amid persistent inflation concerns, which lowered expectations for a December interest rate cut by the Federal Reserve. * The chances of a quarter-point interest rate cut in December fell to 42.9% from 44.4% Friday, according to CME Group's FedWatch Tool.
The "data dumps" over the next several weeks could lead to market volatility, said Abdulla Begai, director and fixed income portfolio management at A&M Private Wealth Partners.
Financial stocks were decreasing in late Monday afternoon trading, with the NYSE Financial Index and the Financial Select Sector SPDR Fund each falling 1.9%. The Philadelphia Housing Index was dropping 2.5%, and the Real Estate Select Sector SPDR Fund was down 0.8%. Bitcoin was falling 2.6% to $91,792, and the yield for 10-year US Treasuries decreased 2 basis points to 4.13%. In corporate news,...
Moody's downgraded Six Flags Entertainment's (FUN) credit ratings further into junk-grade territory on Monday, citing the amusement park owner's weak operating results.
Moody's downgraded Six
Flags Entertainment's (FUN) credit ratings further into junk-grade territory on Monday, citing the amusement park owner's weak operating results. "Six Flags' weak operating performance resulted in credit metrics that are substantially worse than what we expected at the time of the merger," the analysts wrote.
Financial stocks were decreasing in late Monday afternoon trading, with the NYSE Financial Index and the Financial Select Sector SPDR Fund each falling 1.9%. The Philadelphia Housing Index was dropping 2.5%, and the Real Estate Select Sector SPDR Fund was down 0.8%. Bitcoin was falling 2.6% to $91,792, and the yield for 10-year US Treasuries decreased 2 basis points to 4.13%. In corporate news,...
U.S. firms have begun talking more frequently about layoffs as they plan for weaker demand and possible productivity gains from artificial intelligence, Federal Reserve Governor Christopher Waller said in remarks that continued to build the case for further rate cuts amid a broad policy dispute at the U.S. central bank.
The data available during the recent U.S. government shutdown shows the job market near stall speed, with state unemployment claims rising slightly, layoff numbers increasing, and no evidence of building wage pressures, facts that warrant another quarter-percentage-point interest rate cut when the U.S. central bank meets next month, Federal Reserve Governor Christopher Waller said on Monday.
* Dollar extends gains against its main rivals. * Fed needs to move slowly with further rate cuts, Jefferson says. * Fed minutes due on Wednesday. * Focus on US non-farm payrolls report on Thursday. By Pablo Sinha.
AlphaTON Capital (ATON), a specialized digital asset treasury company accelerating the growth of The Open Network Telegram ecosystem, today announced the selection of P2P.org as an institutional staking partner to support the Company's TON treasury yield generation operations.
Fed Vice Chair Philip Jefferson suggested that the FOMC should move slowly with considering further rate reductions as the target moves closer to neutral, but conceded that risks to employment have increased.
Bitcoin dropped to its lowest level in six months on Friday, as a broad sell-off in risk assets deepened amid fading hopes that the Federal Reserve will cut U.S. interest rates at its upcoming policy meeting.
Ponce Bank announced today that it has been awarded $50,000 through the Federal Home Loan Bank of New York Small Business Recovery Grant Program. The FHLBNY Small Business Recovery Grant Program provides member financial institutions with funds to assist small businesses and nonprofits within the FHLBNY district, which includes New York, New Jersey, Puerto Rico, and the U.S. Virgin Islands.
Gold traded lower midafternoon Monday for a third-straight session amid dimming hopes for a December interest-rate cut from the Federal Reserve and a stronger dollar. Gold for December delivery was last seen down $23.40 to US$4,070.80 per ounce.
Financial stocks were decreasing in Monday afternoon trading, with the NYSE Financial Index down 0.6% and the Financial Select Sector SPDR Fund shedding 0.9%. The Philadelphia Housing Index was 1.4% lower, and the Real Estate Select Sector SPDR Fund was easing 0.1%. Bitcoin was falling 1.2% to $93,104, and the yield for 10-year US Treasuries was declining 2 basis points to 4.13%. In corporate n...
The benefit to Hungary's credit rating of any potential U.S. financial backstop package remains difficult to factor in, Fitch has said, and should be unnecessary given the country's uninterrupted access to borrowing markets.
The Federal Reserve should move "slowly" with its monetary policy easing as the balance of risks has shifted, Vice Chair Philip Jefferson said Monday. Jefferson voted in favor of the quarter-percentage-point rate cut that the Fed delivered last month, which followed a similar move in September, amid concerns regarding the labor market.
Amazon.com (AMZN) has commenced a US dollar corporate bond sale in as many as six parts, Bloomberg reported Monday, citing a person familiar with the matter. The tech giant is looking to raise about $12 billion from the sale, which is its first such offering in about three years, according to the report.
Financial stocks were decreasing in Monday afternoon trading, with the NYSE Financial Index down 0.6% and the Financial Select Sector SPDR Fund shedding 0.9%. The Philadelphia Housing Index was 1.4% lower, and the Real Estate Select Sector SPDR Fund was easing 0.1%. Bitcoin was falling 1.2% to $93,104, and the yield for 10-year US Treasuries was declining 2 basis points to 4.13%. In corporate n...
* Trump's new bond investments span several industries. * He acquired Intel (INTC) bonds after government acquired a stake. By Nandita Bose. U.S. President Donald Trump bought at least $82 million in corporate and municipal bonds from late August to early October including new investments in sectors benefiting from his policies, financial disclosures made public on Saturday showed.
U.S. President Donald Trump bought at least $82 million in corporate and municipal bonds from late August to early October including new investments in sectors benefiting from his policies, financial disclosures made public on Saturday showed.
Streamlined solution delivers faster approvals, expanded eligibility and up to 200 basis points in savings for community projects The Federal Home Loan Bank of Chicago today announced the launch of its enhanced Community Advance product, backed by $10 million in interest rates subsidies for 2025 to help member institutions fund affordable housing, support small businesses, and expand access to ...
Canadian headline consumer price index inflation for October came in at 2.2% year over year, right in line with expectations for a 2.2% year-over-year print -- decelerating from September's 2.4%, said TD. Gasoline prices were the big drag on the headline, falling 9.4% compared with the 4.1% decline in September.
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.