In the first of his three-part 2026 municipal outlook series, Market Intelligence analyst Jeff Lipton forecasts for sub-5% returns, continued demand, possibly more curve steepening as the Fed eases slowly, the economy skirts recession, and AI, tariffs and midterm politics potentially reshaping risks across public finance sectors.
The US services sector grew last month at the slowest pace since April amid weak business inflows and employment volumes, while the outlook deteriorated, S&P Global (SPGI) said Tuesday. The firm's services purchasing managers' index fell to 52.5 in December from 54.1 the previous month, representing the slowest growth for eight months.
* Indexes up: Dow 0.53%, S&P 500 0.25%, Nasdaq 0.18% * Cooling systems firms fall after Nvidia CEO's comments. * Memory chipmakers clock gains, SanDisk (SNDK) at record high. * Albemarle gains after Berenberg raises PT. By Purvi Agarwal and Nikhil Sharma.
* Wall Street stocks up. * Oil prices dip. * Traders focus on US jobs data later in week. By Caroline Valetkevitch and Elizabeth Howcroft. Major stock indexes rose on Tuesday while the dollar edged higher as investors focused on key market data later this week that could help to gauge the outlook for ?Federal Reserve policy. Oil prices eased.
Microsoft (MSFT), McKinsey, and other US companies are each putting up as much as $1 million to sponsor a venue to host government officials in Davos, Switzerland, during President Donald Trump's visit to the World Economic Forum, The Financial Times reported Monday.
* Barkin emphasizes balancing employment, inflation goals. * Fed's rate policy requires fine-tuned judgments. * Miran advocates for sharp rate cuts to boost growth. By Howard Schneider and Michael S. Derby.
National plaintiffs? law firm Berger Montague PC announces that a class action lawsuit has been filed against SLM Corporation (SLM) a/k/a Sallie Mae on behalf of investors who purchased or otherwise acquired Sallie Mae securities during the period of?July 25, 2025 through August 14, 2025 , inclusive.
Federal Reserve Bank of Richmond President Tom Barkin said economic uncertainty should ease in the coming year as businesses gain confidence in sustained demand and adapt to the new policy environment.
* Demand for safe haven assets cools after geopolitical tensions. * Fed's Miran says he wants big rate cuts this year. * Aussie dollar hits over one year high. By Chibuike Oguh and Alun John.
Charter Communications (CHTR) said Tuesday that its CCO Holdings and CCO Holdings Capital subsidiaries plan to offer senior unsecured notes to qualified institutional buyers. The companies will use the proceeds for general corporate purposes, including notes redemption and debt repayment, Charter Communications (CHTR) said.
Federal Reserve Governor Stephen Miran, whose term at the U.S. central bank ends later this month, said on Tuesday aggressive U.S. interest rate cuts are needed this year to keep the economy moving forward. "I think policy is clearly restrictive and holding the economy back," Miran ?said in an interview with the Fox Business channel.
Federal Reserve Governor Stephen Miran, whose term at the U.S. central bank ends later this month, said on Tuesday aggressive U.S. interest rate cuts are needed this year to keep the economy moving forward.
Canada's services economy remained in contraction in December as trade uncertainty weighed on employment and client spending, S&P Global's Canada services PMI data showed on Tuesday.
New responsible financing options aim to provide uninterrupted access ahead of changes to federal student loan programs NEW YORK, Jan. 6, 2026 Medforth Global Healthcare Education today announced it is collaborating with Sallie Mae, the leader in private student lending, to make responsible financing solutions available to healthcare students at Medforth's two healthcare education institutions:...
$10 Million Bond Offering Supports Expansion of Low-Cost Natural Gas?Powered Digital Infrastructure, Featuring a 10% Annual Yield HOUSTON, Jan. 6, 2026 Offering a timely investment opportunity focused on converting low-cost natural gas into high-value digital infrastructure, Mindstream, LLC, DBA Mindstream Energy, a U.S.-based, privately held company incorporated in the state of Florida, today ...
Installed Building Products, Inc. (IBP), an industry-leading installer of insulation and complementary building products, announced today that it has launched an offering of $500 million in aggregate principal amount of senior unsecured notes due 2034 in an offering exempt from the registration requirements of the Securities Act of 1933, as amended.
Further changes to the Federal Reserve's short-term interest rate will need to be "finely tuned" to incoming data given the risks to both the U.S. central bank's employment and inflation goals, Richmond Fed President Thomas Barkin said on Tuesday. "Both sides of our mandate bear watching.
Further U.S. Federal Reserve interest rate changes will need to be "finely tuned" to incoming data given risks to both the Fed's unemployment and inflation goals, Richmond Fed president Tom Barkin said on Tuesday.
The US dollar rose against its major trading partners early Tuesday ahead of another light data release day. Weekly Redbook same-store sales are due to be released at 8:55 am ET, followed by S&P Global's services purchasing managers' index data for December at 9:45 am ET. Richmond Federal Reserve President Tom Barkin is scheduled to speak at 8:25 am ET.
Six Flags Entertainment Corporation (FUN), the largest regional amusement park operator in North America, today announced that the Company and its wholly-owned subsidiaries, Canada?s Wonderland Company and Millennium Operations LLC, intend to offer, subject to market conditions and other factors, $1.0 billion in aggregate principal amount of Senior Notes due 2032 in a private offering to persons reas...
Microsoft (MSFT), McKinsey, and other US companies are each putting up as much as $1 million to sponsor a venue to host government officials in Davos, Switzerland, during President Donald Trump's visit to the World Economic Forum, The Financial Times reported Monday.
Morgan Stanley (MS) forecast gold would hit $4,800 per ounce by the fourth quarter of this year, exceeding last year's records, citing falling interest rates, a change in leadership at the Federal Reserve, and buying by central banks and funds.
SAN DIEGO, Jan. 6, 2026 Realty Income Corporation (O), The Monthly Dividend Company?, today announced the pricing of its offering of $750.0 million aggregate principal amount of 3.500% convertible senior notes due 2029 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.
The fund is betting on a liquidity wave driven by U.S. deficit spending and potential money printing by the Federal Reserve, which Hayes expects to support crypto prices.
Britain's dominant services sector ended 2025 on a weaker footing than previously thought, according to a closely watched survey that also suggested higher prices could hit consumers as firms passed on rising costs.
* Demand for safe haven assets cools after geopolitical tensions. * Market attention turning to US macroeconomic data. * Fed's Kashkari warns of risks to labour market, fuelling rate cut expectations. * ISM Manufacturing PMI slides to 14-month low. * Aussie dollar hits over one year high. By Gregor Stuart Hunter and Alun John.
The euro zone economy expanded at a slower pace last month but ended 2025 with its strongest quarterly growth in more than two years as solid momentum in services offset a manufacturing contraction, a survey showed on Tuesday.
* Final services PMI at 52.7 in December vs 53.1 in November. * Slight slowdown mainly due to easing growth in new business. * Business expectations at lowest level since April. By Miranda Murray.
The Bank of Japan should set policy to anchor long-term inflation expectations around 2%, former deputy governor Masazumi Wakatabe, who is currently a member of a key government panel, was quoted as saying at the panel's meeting last month.
* Wakatabe expects inflation to moderate, real wages to turn positive in 2026. * Japan faces risks unique to inflation era, Wakatabe says. * Remarks highlight growing attention to rising bond yields. By Leika Kihara.
Geopolitics, U.S. midterm elections and diverging monetary policies are among key drivers for world markets in 2026, alongside an artificial intelligence boom that has raised concerns about a tech share bubble. "The true black swan, then, could lie elsewhere," said Swissquote Bank senior analyst Ipek Ozkardeskaya, referring to a rare, high-impact event that jolts markets.
* Analysts see risks from US midterms and rate cuts. * Stock markets to rise, albeit at slower pace than in 2025. * Borrowing costs in key markets to remain high. * Dollar expected to fall, yen to strengthen. By Canan Sevgili, Alessandro Parodi, Paolo Laudani and Vera Dvorakova.
* Demand for safe haven assets cools after geopolitical tensions. * Market attention turning to US macroeconomic data. * Fed's Kashkari warns of risks to labour market, fuelling rate cut expectations. * ISM Manufacturing PMI slides to 14-month low. By Gregor Stuart Hunter.
Major stock indexes including the Dow Jones Industrial Average and European shares rose to record highs on Tuesday,?while the dollar edged higher as investors focused on key market data this week that could help gauge the outlook for Federal Reserve policy. Oil prices fell as investors assessed expectations of ample global supply this year against uncertainty around Venezuelan crude output.
SPOKANE, Wash. Up to $50,000,000 Aggregate Tender Cap for the Securities of The Corporation of Gonzaga University ????????? _________________________ ??????? Term Bond maturing on April 1, 2046 is subject to sinking fund redemption payments on April 1, 2044, 2045, and 2046 and its purchase price will be calculated assuming its average life date of April 10, 2045 as its maturity date.
Williams announced today that it has priced a public offering of $500 million of its 5.650% Senior Notes due 2033 at a price of 104.465 percent of par, $1.25 billion of its 5.150% Senior Notes due 2036 at a price of 99.882 percent of par, and $1 billion of its 5.950% Senior Notes due 2056 at a price of 99.645 percent of par.
Oil prices fell on Tuesday as traders weighed the prospect of higher Venezuelan crude output following the U.S. capture of President Nicolas Maduro, adding to expectations of ample global supply this year amid weak demand.
* Geopolitical tensions cool demand for safe haven assets. * Fed's Kashkari warns of risks to labour market. * ISM Manufacturing PMI slides to 14-month low. By Gregor Stuart Hunter.
As U.S. cities face increased exposure to climate-driven physical risks, Kestrel, the leader in Sustainability Intelligence?, today released its Resilience Taxonomy for U.S. Infrastructure. This framework provides the first standardized "best practices" for benchmarking resilience in the $4.3 trillion municipal bond market.
Rogers Sugar (RSGUF) after trade Monday announced a public offering of $50 million in convertible unsecured subordinated debentures, each priced at $1,000. Monday's statement noted the underwriters have an option to purchase up to an additional $7.5 million of debentures, which would increase total gross proceeds to $57.5 million if fully exercised.
Improved risk sentiment after the capture of Venezuelan President Nicol?s Maduro helped pull investors into all markets and munis are a "beneficiary" of that shift, said James Pruskowski, an investor and market strategist.
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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