Classiq, the leading quantum computing software company, today announced it will attend the World Economic Forum Annual Meeting 2026 in Davos-Klosters, Switzerland, and will participate in Davos Innovation Week on January 19, 2026.
Financial stocks declined in Tuesday afternoon trading with the NYSE Financial Index falling 1.1% and the State Street Financial Select Sector SPDR ETF dropping 1.6%. The Philadelphia Housing Index was little changed, and the State Street Real Estate Select Sector SPDR ETF rose 0.2%. Bitcoin gained 2.3% to $93,277, and the yield for 10-year US Treasuries declined 2 basis points to 4.17%. In eco...
Even as President Donald Trump has laid out clear markers as to what he expects for his upcoming selection as Federal Reserve chair, some current central bankers remain confident that whoever gets the job will stick to the Fed's mission in part as the weight of responsibility becomes clear to the new leader.
* Fed officials confident new chair will uphold mission despite Trump's pressure. * Williams and Musalem emphasize importance of Fed's independence and mission. * Trump's attacks on Fed include threats and legal actions against Powell. By Michael S. Derby and Howard Schneider.
Financial stocks declined in Tuesday afternoon trading with the NYSE Financial Index falling 1.2% and the State Street Financial Select Sector SPDR ETF dropping 1.8%. The Philadelphia Housing Index eased 0.1%, and the State Street Real Estate Select Sector SPDR ETF shed 0.3%. Bitcoin rose 2.3% to $93,277, and the yield for 10-year US Treasuries declined 2 basis points to 4.17%. In corporate new...
Bank?Leumi is the first bank in Israel to issue covered bonds abroad ? an innovative debt instrument with significantly lower funding costs than standard corporate bonds. TEL AVIV, Israel, Jan. 13, 2026 /PRNewswire/ -- Bank?Leumi has raised approximately EUR 750 million following the issuance of covered bonds to European investors, with record demand of approximately EUR 4.6 billion.
The Trump administration's decision to open a criminal investigation into the head of the Federal Reserve has intensified fears about the independence of the U.S. central bank, the top policymaking body for the world's biggest economy. President Donald Trump has criticised the Fed and its chair, Jerome Powell, for not lowering interest rates fast enough.
German Bunds followed United States Treasuries higher after the release of December U.S. consumer price index data to close the day little changed on a relatively quiet Tuesday for eurozone economic news, said Daiwa Capital Markets. Wednesday will bring a brief pause to the eurozone economic dataflow, noted the bank.
The Dow Jones Industrial Average was down, the S&P 500 was roughly flat and the Nasdaq Composite was up in late-morning trading Tuesday, as investors digested the latest batch of inflation data. The Bureau of Labor Statistics said the US seasonally adjusted consumer price index, a measure of inflation, rose by 0.3% in December, right on expectations in a survey compiled by Bloomberg.
* Stocks mixed after inflation data. * Dollar pares gains. * Oil surges on Iran troubles. * Earnings season kicks off with big US banks. By Isla Binnie and Amanda Cooper.
* Powell threatened with indictment over Fed renovation testimony. * Statement in support of Fed chief signed by 11 central bank peers. * Trump again demands big Fed rate cut, says he'll name Powell's successor in weeks. * Latest move could have 'reverse consequences,' JPMorgan's Dimon warns. * Top Senate Republican says probe of Fed 'had better be legit' By Balazs Koranyi and Manya Saini.
Euro zone bond yields edged up on Tuesday, after reversing Monday's drop, as central bank chiefs lined up in support of Federal Reserve Chair Jerome Powell after the Trump administration threatened him with a criminal prosecution. Easing some concerns around the Fed's independence, ?the Trump administration's move was also criticised by key members of the president's Republican Party.
The United Kingdom is scheduled to publish the November gross domestic product Thursday, said Deutsche Bank. After a disappointing start to Q4, the bank expects some rebound in November. The bank will also be looking for any upward revisions to either the September or October GDP prints. Deutsche Bank estimates November GDP to have expanded -- although marginally.
President Donald Trump welcomed December inflation figures released on Tuesday, saying they supported his push for Federal Reserve ?chair Jerome Powell to cut interest rates. The closely ?watched core CPI year-on-year figure came ?in at 2.6%, less than the ?2.7% ?markets had expected. "We have very low inflation.
Maryland is currently battling federal job losses and string of financial challenges but is starting the new year with a new triple-A rating on its general obligation bonds complete with a stable outlook.
Federal Reserve officials are hedging about how much rising productivity will help return inflation to the U.S. central bank's 2% target, reiterating this week they need to keep interest rates at current levels until it becomes clearer that price pressures will ease.
Inflation looked stable in December, but a closer look at the CPI revealed that several everyday costs continued to rise fast enough to keep household budgets under pressure ? particularly housing, food and utilities. The Consumer Price Index rose 2.7% year over year in December, unchanged from November and in line with estimates, according to the Bureau of Labor Statistics.
* Yen tumbles on Japan's fiscal spending concerns. * Fed has more room to cut rates amid inflation data. * Traders watch for possible yen intervention by Japan. By Karen Brettell.
US consumer inflation held steady year over year last month, while core prices grew less than projected, government data showed Tuesday. The consumer price index rose 2.7% annually in December, unchanged from November's year-over-year change, the Bureau of Labor Statistics reported. "Inflation remained steady in December," TD Economics Senior Economist Leslie Preston said in a note.
AM Best has affirmed the Financial Strength Rating of B++, the Long-Term Issuer Credit Rating of ?bbb?, and the Vietnam National Scale Rating of aaa.VN of Post-Telecommunication Joint Stock Insurance Corporation.
U.S. consumer prices increased in December, lifted by higher costs for rents and food as some of the distortions related to the government shutdown that had artificially lowered inflation in November unwound, cementing expectations the Federal Reserve would leave interest rates unchanged this month.
Leading central bankers from Europe to Asia have voiced firm support for Federal Reserve Chair Jerome Powell, backing his defense of monetary independence as the U.S. Justice Department ramps up its investigation into his congressional testimony.
* World Bank sees global GDP growth at 2.6% versus 2.7% in 2025. * Growth forecasts slightly above global lender's June 2025 predictions. * World Bank says gains concentrated in wealthy countries, growth too slow to reduce extreme poverty. By David Lawder.
Brazil's central government ended 2025 with a primary deficit equivalent to ?0.48% of gross domestic product, ?Finance Minister Fernando Haddad said ?on Tuesday, citing a ?figure ?that includes court-ordered payments.
GFL Environmental (GFL) on Tuesday said it is planning to start a private offering of US$1 billion of senior notes due 2034. The company said the notes will be issued by its wholly owned U.S. unit and will be guaranteed by GFL and certain of its other units.
President Donald Trump welcomed December inflation figures released on Tuesday, saying they supported his push for Federal Reserve chair ?Jerome Powell to cut interest rates. The closely watched ?core CPI year-on-year figure came in at ?2.6%, less than the 2.7% ?markets ?had expected. "We ?have very low inflation.
President Donald Trump welcomed inflation figures released ?on Tuesday, ?using the U.S. consumer ?price data ?to ?reiterate his push ?for Federal ?Reserve chair Jerome Powell to ?cut ?interest ?rates "meaningfully."
Canada's December Labour Force Survey posted a net 8,000 gain in jobs following six months of double-digit swings, said Bank of Montreal. The softer increase in jobs was coupled with an uptick in labor force participation, driving the jobless rate three tenths higher to 6.8%. Looking through the monthly volatility, the labor market had a 'so-so' year, noted the bank.
The global economy is proving more resilient than expected, with 2026 GDP growth expected to improve slightly over forecasts from last June, the World Bank said on Tuesday while warning that growth is too concentrated in advanced countries and overall too weak to reduce extreme poverty.
The global economy is proving more resilient than expected, with 2026 GDP growth expected to improve slightly over forecasts from last June, the World Bank said on Tuesday while warning that growth is too concentrated in advanced countries and overall too weak ?to reduce extreme poverty.
Inflation may not subside quickly enough for Federal Reserve Chair Jerome Powell ?to deliver another interest-rate cut before his term ends in May, with the Bureau ?of Labor Statistics reporting consumer prices rose 2.7% in December ?from a year earlier, in line ?with economists' expectations and ?well above the Fed's target.
Performance Shipping Inc. (PSHG), a global shipping company specializing in the ownership of tanker vessels, announced that it has successfully placed a USD 50 million tap issue in its outstanding senior secured bond due July 17, 2029, with ISIN: NO0013607028, paying a fixed coupon of 9.875% per annum, payable semi-annually in arrears.
Editor?s note: This article was updated to add more detail and context. Inflation held steady in December, with fresh data showing price pressures remained firm above the Fed?s 2% target but failed to accelerate into year-end. The Consumer Price Index rose 2.7% year over year in December, according to data released Tuesday by the Bureau of Labor Statistics.
Euro zone government bond yields edged higher on Tuesday, reversing Monday's drop, as central bank chiefs lined up in support of Federal Reserve Chair Jerome Powell after the Trump administration threatened him with a criminal prosecution. Easing some concerns around the Fed's independence, the Trump ?administration's move was also criticised by key members of the president's Republican Party.
Brazil ran a $2.9 billion trade surplus with Iran last year, government data shows, making the South American nation a ?potential candidate for new U.S. tariffs.
Lebanese prosecutors have indicted former central bank governor Riad Salameh and two lawyers on charges including embezzlement of public funds, forgery and illicit enrichment, judicial authorities said on Tuesday.
The U.S. Consumer Price Index came in roughly in line with expectations as market participants largely expects the Fed to leave interest rates unchanged at the January meeting.
Visa forecasts structural economic transformation driven by AI adoption, supply chain rewiring and accelerating business investment that supports stable 2.7% global growth SAN FRANCISCO---- Visa, a global leader in digital payments, today released its Global Economic Outlook for 2026, revealing that while headline growth appears steady at 2.7%, the global economy is undergoing fundamental trans...
Circle Internet Group, Inc. (CRCL), one of the world?s leading internet financial platform companies, today released a flagship report that charts the formation of a new global economic architecture: ?Beyond Stablecoins: The Rise of the Internet Financial System. This press release features multimedia.
U.S. consumer prices increased in December, data showed on Tuesday, as the distortions related to the government shutdown that had artificially lowered inflation in the November unwound, cementing expectations the Federal Reserve would leave interest rates unchanged this month. The Consumer Price Index rose 0.3% last month, the Labor Department's Bureau of Labor Statistics said on Tuesday.
VAUGHAN, ON, Jan. 13, 2026 GFL Environmental Inc. (GFL) today announced that it is planning to commence, subject to market and other conditions, a private offering of US$1 billion in aggregate principal amount of senior notes due 2034.
Jerome Powell, head of the U.S. Federal Reserve, said on Sunday the Justice Department has opened a criminal investigation against him for allegedly misleading Congress about a building renovation project at the central bank's headquarters.
Inflation may not subside quickly enough for Federal Reserve Chair Jerome Powell to deliver another interest-rate cut before his term ends in May, with the Bureau of Labor Statistics ?reporting consumer prices rose 2.7% in December from a year earlier, in ?line with economists' expectations and well above the Fed's ?target.
The US seasonally adjusted consumer price index, a measure of inflation, rose by 0.3% in December, right on expectations in a survey compiled by Bloomberg, according to data released Tuesday by the Bureau of Labor Statistics. November percent changes are unavailable due to missing data in October resulting from the federal government shutdown.
Traders on Tuesday boosted bets the Federal Reserve may ?not wait until Fed ?Chair Jerome Powell's term ?ends in ?May before ?cutting interest rates again, ?after ?the Bureau of Labor Statistics reported underlying ?consumer ?prices rose ?a bit less than expected last month.
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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