The number of Americans filing new applications for unemployment benefits rose moderately last week, suggesting that layoffs were relatively low at the end of 2025, though demand for labor remained sluggish. Claims have been choppy in recent weeks amid challenges adjusting the data for seasonal fluctuations around ?the year-end holiday season.
The U.S. unemployment rate was unchanged at 4.6% in December, the Chicago Federal Reserve estimated on Thursday, a figure that suggests the labor market remained stuck in a low-hire, low-fire mode and may add ?to the case for more Fed interest rate cuts ahead.
Canada recorded a smaller-than-expected trade deficit in October and the share of exports to the United States fell to its lowest ever non-pandemic level, official data indicated on Thursday. Statistics Canada recorded a deficit ?of C$583 million as imports increased at a greater pace than exports. Analysts had expected a C$1.36 ?billion deficit.
Brazil's annual inflation rate likely slowed further in December, a Reuters poll showed, falling further below the upper limit of the central bank's target range for a second month in a row. Banco Central do Brasil's goal for the IPCA consumer price index growth is 3%, with a tolerance margin of plus or ?minus 1.5 percentage points.
The Nashville Metropolitan Airport Authority is issuing municipal bonds to finance upgrades to an airport bulging at the seams after rapid traffic growth.
The Economic Sentiment Indicator for the eurozone fell from 97.1 to 96.7 in December, said ING. Not a large move, but reflective of an economy showing modest growth without any meaningful signs of a pickup, wrote the bank in a note.
Industrial production in Brazil remained unchanged in ?November from October, government statistics agency ?IBGE said on Thursday, amid ?signs that high interest ?rates are ?slowing activity in Latin America's largest economy.
Futures tracking Canada's resources-heavy stock index were flat on Thursday, pressured by a decline in precious metal prices, while investors turned cautious ahead of a key jobs report later in the week. March ?futures on Toronto's S&P/TSX Composite index were up 0.03% as of 6:42 a.m. ?ET, after the benchmark pulled back from a record high ?on Wednesday due to cooling precious metal prices.
Toronto home sales were down 8.9% year over year in December, closing out a very subdued year, said Bank of Montreal. Those eagerly awaiting a rebound in volumes and prices on the back of the Bank of Canada rate cuts were sorely disappointed, stated BMO.
Tanger?, a leading owner and operator of outlet and open-air retail shopping destinations, announced today that its operating partnership, Tanger Properties Limited Partnership, has priced and upsized the previously announced offering of $220 million aggregate principal amount of its 2.375% Exchangeable Senior Notes due 2031 in a private placement to persons reasonably believed to be qualified ...
* * Few exporters applied for RBI's loan moratorium. * Exporters face challenges with new orders and thinner margins. By Ashwin Manikandan and Shivangi Acharya. India's central bank is considering new ways to support exporters hit by U.S. tariffs after a moratorium on loan repayments it offered last year drew few takers, two sources aware of the matter said.
Commerzbank in its "European Sunrise" note of Thursday highlighted: Markets: United States Treasuries weaken in late New York session, recover in Asia. Fed: Federal Reserve Vice Chair for Supervision Michelle Bowman says the Fed is revisiting how it issues certain bank ratings.
NEW YORK, Jan. 8, 2026 ?Compass, Inc., today announced the pricing of its offering of $850.0 million in aggregate principal amount of convertible senior notes due 2031 in a private offering, which represents a $100.0 million increase from the previously announced size of the offering.
Societe Generale in its early Thursday economic news summary pointed out: -- Brent crude defends $60/barrel, US dollar mildly bid, 10-year United States Treasury yield reverses ISM gain, declines to 4.13% on lower oil. -- Greenland: European Union ambassadors meet on Thursday in the Political and Security Committee.
* Market positioning will prevent significant dollar drop, Natixis says. * Focus on Friday's jobs report to gauge Fed's 2026 rate path. * Supreme Court decision on Trump's tariffs could hurt the greenback. * Japan-China tensions in the spotlight. By Stefano Rebaudo and Ankur Banerjee.
* Central bank expects inflation to increase in coming months. * Swiss inflation edged higher in December. * SNB sees current monetary conditions as "appropriate" By John Revill. The Swiss National Bank's policymakers expect inflation to revive gradually, the minutes of their latest rate-setting meeting showed on ?Thursday, which will help it avoid cutting or hiking interest rates.
The Swiss National Bank froze its key interest rate at ?0% in December because ?it expects the current ?low rate of ?inflation to ?rise and be within its ?0-2% target range, ?the central bank said on Thursday ?in ?the ?minutes for its latest policy decision.
* Q4 underlying sales up 2.9% vs 1.5% previous quarter. * FY underlying sales up 2.4% vs 5.5% previous year. * Sees 2026 profit flat. * Shares down 7% By Sarah Young. LONDON, Jan 8 - Greggs (GGGSF), Britain's biggest fast ?food chain, warned subdued consumer confidence meant profit would be flat this year, despite ?a pick-up in sales in its Christmas quarter, hitting its shares.
* Traders weigh wobbly labour market data, see no Fed move in January. * Focus on Friday's jobs report to gauge 2026 rate path. * Supreme court decision on Trump's tariff to bring volatility. By Ankur Banerjee.
Arrowhead Pharmaceuticals, Inc. (ARWR) today announced the pricing of its concurrent public offerings of $625,000,000 aggregate principal amount of 0.00% convertible senior notes due 2032 and 3,100,776 shares of common stock, at a public offering price of $64.50 per share.
Major stock indexes were mixed and Treasury yields rose on Thursday ahead of Friday's key U.S. jobs report, while defense company shares gained amid U.S. President Donald Trump's plans for a $1.5 trillion military budget. An aerospace and defense index rose to an all-time high, with European defense shares also hitting a new high.
The dollar gained against the euro and Swiss franc on Thursday, as investors awaited Friday's crucial nonfarm payrolls report, which could help assess the U.S. labor market and the probable path of interest rates. Data on Thursday showed that the number of Americans filing new applications for unemployment benefits increased moderately last week amid relatively low layoffs.
* Traders weigh wobbly labour market data, see no Fed move in January. * Focus on Friday's jobs report to gauge 2026 rate path. * Supreme court decision on Trump's tariff to bring volatility. By Ankur Banerjee.
T-Mobile US, Inc. (TMUS) announced today that T-Mobile USA, Inc., its direct wholly-owned subsidiary, has agreed to sell $1,150,000,000 aggregate principal amount of its 5.000% Senior Notes due 2036 and $850,000,000 aggregate principal amount of its 5.850% Senior Notes due 2056 in a registered public offering.
Vornado Realty Trust (VNO) announced today that Vornado Realty L.P., the operating partnership through which Vornado Realty Trust (VNO) conducts its business, has priced an offering of $500 million aggregate principal amount of 5.75% senior unsecured notes due February 1, 2033.
US President Donald Trump called for a 50% increase in US defense spending to $1.5 trillion for 2027 in a Truth Social post on late Wednesday. Trump said the boost would allow the country to build a "Dream Military" while maintaining national security. Trump added that tariff revenue could fund the increase, reduce the national debt, and benefit moderate-income Americans.
AM Best has affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of ?bbb-? of Element Insurance Company. The ratings reflect Element?s balance sheet strength, which AM Best assesses as adequate, as well as its adequate operating performance, very limited business profile and appropriate enterprise risk management.
The U.S. Bureau of Economic Analysis said on Wednesday it would use an average of September and November Consumer Price Index data ?to produce October estimates for the inflation measures tracked ?by the Federal Reserve for monetary policy.
The U.S. Bureau of Economic Analysis said on Wednesday it would use an average of September and November Consumer Price Index data ?to produce October estimates for the inflation measures tracked ?by the Federal Reserve for monetary policy.
US equity indexes closed mixed on Wednesday, with the S&P 500 and the Dow Jones Industrial Average retreating from record levels amid a sharp sell-off in utilities, industrials, and materials, as well as a worsening geopolitical crisis.
Installed Building Products (IBP) priced $500 million of 5.625% senior unsecured notes due 2034. Net proceeds will be used to fund the conditional redemption in full of 5.75% senior unsecured notes due 2028, to pay redemption and offering-related expenses, and for general corporate purposes, the company said Wednesday in a statement. MT Newswires does not provide investment advice.
Brazil posted a foreign exchange outflow of around $33.3 ?billion in 2025, the ?largest since 2019, preliminary data ?from the ?central ?bank showed on Wednesday. * The outflow ?grew from ?the nearly $18.6 billion deficit recorded in 2024. * ?The movement ?was ?driven mainly by financial flows, where net outflows came ?in at around $82.5 billion.
Surprisingly, the expected surge in net supply last year did not elicit a major repricing in the muni market, said Pat Luby, head of municipal strategy at CreditSights.
Financial stocks were decreasing in late Wednesday trading, with the NYSE Financial Index down 1% and the State Street Financial Select Sector SPDR ETF falling 1.3%. The Philadelphia Housing Index dropped 2.7%, and the State Street Real Estate Select Sector SPDR ETF shed 0.9%. Bitcoin was declining 3% to $90,869, and the yield for 10-year US Treasuries fell 4 basis points to 4.14%. In economic ...
Financial stocks were decreasing in late Wednesday afternoon trading, with the NYSE Financial Index down 1% and the State Street Financial Select Sector SPDR ETF falling 1.3%. The Philadelphia Housing Index dropped 2.7%, and the State Street Real Estate Select Sector SPDR ETF shed 0.9%. Bitcoin was declining 3% to $90,869, and the yield for 10-year US Treasuries fell 4 basis points to 4.14%. In...
University Park joined four other cities in placing measures on the May 2 ballot asking voters to decide whether to withdraw from Dallas Area Rapid Transit.
* Mixed economic data ahead of December jobs report. * Fed weighs labor market against inflation concerns. * Supreme Court decision on tariffs could impact markets. By Karen Brettell. U.S. Treasury yields fell on Wednesday in choppy trading as traders evaluated economic releases showing a mixed picture on the U.S. economy ahead of Friday's highly anticipated jobs report for December.
The US services sector expanded for a third straight month in December, reaching its highest reading of 2025, aided by strength in demand and a rebound in employment, the Institute for Supply Management said Wednesday. The ISM's purchasing managers' index rose to 54.4 last month from 52.6 in November.
AM Best has downgraded the Financial Strength Rating to B- from B and the Long-Term Issuer Credit Rating to ?bb-? from ?bb? of Mountain Life Insurance Company. The ratings reflect Mountain Life?s balance sheet strength, which AM Best assesses as adequate, as well as its marginal operating performance, limited business profile and marginal enterprise risk management.
Financial stocks were decreasing in Wednesday afternoon trading, with the NYSE Financial Index down 0.8% and the State Street Financial Select Sector SPDR ETF falling 1.2%. The Philadelphia Housing Index dropped 1.8%, and the State Street Real Estate Select Sector SPDR ETF shed 0.4%. Bitcoin was declining 2.7% to $91,226.13, and the yield for 10-year US Treasuries was falling 4 basis points to ...
Financial stocks were decreasing in Wednesday afternoon trading, with the NYSE Financial Index down 0.8% and the State Street Financial Select Sector SPDR ETF falling 1.2%. The Philadelphia Housing Index dropped 1.8%, and the State Street Real Estate Select Sector SPDR ETF shed 0.4%. Bitcoin was declining 2.7% to $91,226.13, and the yield for 10-year US Treasuries was falling 4 basis points to ...
* STOXX 600 closes flat. * Oil prices slide after US strikes deal. * German unemployment rate rises in December. By Niket Nishant and Pranav Kashyap. European stocks ended flat on Wednesday, snapping a run of record closes as investors paused to digest the latest U.S.-Venezuela developments and sifted through a fresh batch of economic data.
* Audit court needs more time to assess if liquidation justified. * Review of central bank documents seen taking about 30 days. * Investors awaiting potential payouts from deposit guarantee fund. By Ricardo Brito.
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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