Schneider Electric, a global energy technology leader, announces its participation in the World Economic Forum Annual Meeting in Davos, Switzerland. ?It is clear we have entered a new era where AI and energy are inseparable, and together, they will reshape every business,? said Olivier Blum, CEO of Schneider Electric. ?AI requires compute, and compute requires energy.
U.S. President Donald Trump's tariff decisions since he took office in January 2025 have shocked financial markets and sent a wave of uncertainty through the global economy.
Indonesian President Prabowo Subianto has nominated his nephew to join the central bank's board of governors, his spokesperson said, amid growing concern about its independence as the government seeks more support for ambitious economic targets.
* China 2025 GDP expands 5.0%, meeting government's target. * Q4 GDP growth slows to 4.5% y/y, just above market forecast. * Full-year resilience helped by exporters' diversification. * Export growth too fast to be sustained, warn analysts. * Weak consumption is a longer-term threat to Chinese growth.
* Home prices fell 0.4% month-on-month, 2.7% annually in December. * Property sector faces persistent downturn despite government pledges. * NBS data shows secondary market weakness across tier-one to tier-three cities. By Liangping Gao and Ryan Woo.
China's economy grew 5.0% last year, meeting the government's target by seizing a record share of global demand for goods to offset weak domestic consumption, a strategy that blunted the impact of U.S. tariffs but is increasingly hard to sustain.
China's industrial output rose ?5.2% in December from a ?year earlier, faster than the 4.8% pace ?in November, but ?retail sales ?growth slowed further, dousing momentum in the ?economy heading into ?2026 and adding pressure for more stimulus. The output data ?from the National ?Bureau ?of Statistics exceeded expectations for a 5.0% rise in a Reuters ?poll of 23 analysts.
Property investment in China dropped 17.2% in 2025, ?widening from the ?15.9% year-on-year fall in ?the first ?11 ?months, official data showed ?on Monday. Property ?sales by floor area decreased ?8.7%, ?after ?falling 7.8% in the January-to-November period. New construction starts ?measured by floor area slumped 20.4%, after a 20.5% dive ?in ?the first 11 months.
China's economy grew 4.5% in the fourth quarter from a year earlier, official data showed on Monday, a ?touch above analysts' expectations and bang in ?line with the government's annual growth target.
China's new home prices extended their decline in ?December, official data showed ?on Monday, underscoring persistent ?strains in the ?property ?sector despite repeated government pledges ?to stabilise ?it. Prices fell 0.4% month-on-month, the ?same ?pace ?of decline as in November, according to Reuters ?calculations based on National Bureau of Statistics data.
* China's Q4 GDP growth seen at 4.4%, vs 4.8% in Q3. * 2025 growth estimated at 4.9%, largely meeting official target. * GDP, Dec activity data due 0200 GMT on Monday. * 2026 outlook clouded by trade tensions, structural risks. * Leaders pledge to ramp up policy support this year. By Kevin Yao.
The rise of artificial intelligence continues to accelerate, with relentless demand now deepening the global memory chip shortage. In addition, we now have the Federal Reserve actively tracking AI's contribution to GDP growth. And when it comes to the advisory office, AI is there too.
Invitation-only global forum convened by the Future Economic Cooperation Council, in cooperation with the Ministry of External Affairs, Government of India, and Government of Maharashtra, bringing together senior political leadership, international delegations, global capital and industry MUMBAI, India, Jan. 18, 2026 /PRNewswire/ -- Senior policymakers, global CEOs, investors and leaders of mul...
JPMorgan CEO Jamie Dimon on Saturday confirmed he was not asked to be Federal Reserve chair, hours after U.S. President Donald Trump disputed a report saying he offered Dimon the role. Earlier this week, ?the Wall Street Journal reported Trump offered to nominate Dimon for Fed chair, although the ?news outlet added the JPMorgan (JPM) boss took the offer as a joke.
JPMorgan CEO Jamie Dimon on Saturday confirmed he was not asked to be Federal Reserve chair, hours after U.S. President Donald Trump disputed a report saying he offered Dimon the role. Earlier this week, the Wall Street Journal ?reported Trump offered to nominate Dimon for Fed chair, although the news outlet added the ?JPMorgan (JPM) boss took the offer as a joke.
U.S. President Donald Trump on Saturday said he never offered to nominate JPMorgan CEO Jamie Dimon for the job of Federal Reserve chair, contradicting ?a report this week, and added he plans to sue the bank over its ?treatment of him following the January 6, 2021 attack on ?the U.S. Capitol.
U.S. President Donald Trump on Saturday said he never offered to nominate JPMorgan CEO Jamie Dimon for the job of Federal Reserve chair, contradicting a report this week, and added he plans ?to sue the bank over its treatment of him following the January 6, ?2021 attack on the U.S. Capitol.
U.S. President Donald Trump on Saturday said he ?never offered to nominate ?JPMorgan CEO Jamie Dimon ?for the job ?of ?Federal Reserve chair, contradicting a ?report this ?week. In a post on Truth ?Social, ?Trump ?blasted a Wall Street Journal report that said ?he offered the Fed chair post to Dimon.
The U.S. Supreme Court signaled four months into Donald Trump's second presidential term last year its interest in shielding the Federal Reserve from political interference.
* Case involving Fed's Lisa Cook comes to court on Wednesday. * Trump has sought to fire Cook in an unprecedented step. * Fed officials given tenure protections under federal law. By John Kruzel. The U.S. Supreme Court signaled four months into Donald Trump's second presidential term last year its interest in shielding the Federal Reserve from political interference.
U.S. President Donald Trump purchased about $100 million in municipal and corporate bonds from mid-November to late December, his latest disclosures showed, including up to $2 million in ?Netflix (NFLX) and Warner Bros Discovery (WBD) bonds just weeks after the companies announced ?their merger.
U.S. President Donald Trump purchased about $100 million in municipal and corporate bonds from mid-November to late December, his latest disclosures showed, including up to $2 million in ?Netflix (NFLX) and Warner Bros Discovery (WBD) bonds just weeks after the companies announced their ?merger.
U.S. Federal Reserve Vice Chair Philip Jefferson, responding to the Department of Justice subpoena of Fed Chair Jerome Powell, said on Friday he considered Powell to be "of the highest integrity."
U.S. Federal Reserve Vice Chair Philip Jefferson, responding to the Department of Justice subpoena of Fed Chair Jerome Powell, said on Friday he considered Powell to be "of the highest integrity."
US equity indexes slipped, while government bond yields jumped on Friday after reports that National Economic Council Director Kevin Hassett may not be the frontrunner to become the next chair of the Federal Reserve.
US equity indexes closed lower this week amid divergent bank earnings, hot-and-cold inflation data, and the threat to the Federal Reserve's independence from a Department of Justice probe. * The S&P 500 closed at 6,940.01 on Friday versus 6,966.28 a week ago.
Major US equity indexes eased Friday as government bond yields rose after President Donald Trump signaled Kevin Hassett, the National Economic Council director, may remain in his current role and is no longer the frontrunner to become the next chair of the Federal Reserve.
Inter & Co Inc (INTR): * ?SAYS IT ?RECEIVED FEDERAL ?RESERVE ?APPROVAL ?TO ESTABLISH U.S. BANKING ?BRANCH - ?STATEMENT. * APPROVAL ALLOWS ?INTER ?TO ?ESTABLISH A BRANCH IN ?MIAMI, FLORIDA. * MOVE WILL EXPAND ?INTER'S ?CROSS-BORDER CAPABILITIES AND BROADEN ITS ?RANGE OF FINANCIAL SERVICES Source text: [ID: nGNX69fhlW] Further ?company coverage:
At the onset of the COVID-19 pandemic, the U.S. Federal Reserve slashed interest rates and used massive bond purchases to flood financial markets with liquidity to try to offset the actual and potential economic devastation from the health emergency.
* Fed transcripts reveal some internal division not previously known. * Policymakers adopted an all-in approach to battle crisis. * Political independence became a more prominent concern by June.
US equity indexes were muted to mixed, while government bond yields jumped ahead of Friday's close after it emerged that National Economic Council Director Kevin Hassett may not be the frontrunner to become the next chair of the Federal Reserve.
Financial stocks were advancing in late Friday trading, with the NYSE Financial Index adding 0.5% and the State Street Financial Select Sector SPDR ETF up 0.2%. The Philadelphia Housing Index was down 0.7%, and the State Street Real Estate Select Sector SPDR ETF gained 1.2%. Bitcoin was declining 0.6% to $94,994, and the yield for 10-year US Treasuries climbed 7 basis points to 4.23%. In econom...
Inter, the financial institution serving more than 41 million customers, has received regulatory approval from the Florida Office of Financial Regulation and the Federal Reserve to establish a state?licensed international banking branch in Florida, marking a significant milestone in its international expansion.
The Federal Reserve should keep the door open to interest rate cuts amid a fragile labor market, Vice Chair for Supervision Michelle Bowman said Friday. While the US economy continues to grow at a strong pace, the labor market has become "increasingly more fragile," Bowman said in prepared remarks for delivery in Massachusetts.
* Yields edge up, remain range-bound. * Bowman says Fed should be ready to cut rates. * Trump says he may keep Hassett in current role. By Chuck Mikolajczak. U.S. Treasury yields advanced on Friday and were poised for a weekly advance as investors weighed mixed economic data and unprecedented pressure from the White House to lower interest rates.
Federal Reserve Vice Chair Philip Jefferson on Friday appeared to signal his support for leaving short-term borrowing costs unchanged at the central bank's January 27-28 meeting, saying he is "cautiously optimistic" about the economy, the labor market and inflation in the coming year ?now that the Fed's rate cuts have put monetary policy in the range of neutral.
Financial stocks were advancing in late afternoon trading Friday, with the NYSE Financial Index adding 0.5% and the State Street Financial Select Sector SPDR ETF up 0.2%. The Philadelphia Housing Index was shedding 0.7%, and the State Street Real Estate Select Sector SPDR ETF gained 1.2%. Bitcoin was declining 0.6% to $94,994, and the yield for 10-year US Treasuries climbed 7 basis points to 4....
* Polymarket betting site favors Warsh for Fed Chair role. * Japan considers intervention to counter yen weakness. * Takaichi plans snap election to gain support for fiscal policies. By Karen Brettell.
According to Avery Shenfeld, in his 'Week Ahead' market call, a 0.4% drop on Monday in the CPI for December would represent a trend-like 0.2% rise in seasonally adjusted terms, and leave the 12-month rate at 2.2%. He said that's "quite favourable" given that there's an upward bias in the 12-month figure because the prior December benefited from a short lived sales tax holiday on items like rest...
US benchmark equity indexes were higher intraday as markets evaluated shifting dynamics in the race to replace Jerome Powell as Federal Reserve chair. The S&P 500 and the Nasdaq Composite were up 0.2% each at 6,956.1 and 23,571.8, respectively, after midday Friday.
Foothill-Eastern Transportation Corridor Agency, one of two toll systems operated by The Transportation Corridor Agencies, received a ratings boost to A3.
Financial stocks were advancing in Friday afternoon trading, with the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF each rising 0.7%. The Philadelphia Housing Index was down 0.5%, and the State Street Real Estate Select Sector SPDR ETF rose 1.1%. Bitcoin was declining 0.9% to $95,117, and the yield for 10-year US Treasuries was rising 5.7 basis points to 4.22%. In e...
A squabble between the U.S. Department of Transportation and the state of Maryland appears to be moving towards a resolution which effects two major bridges in the Washington D.C. ? Baltimore region.
US industrial production increased more than expected in December, led by a rebound in utilities, data from the Federal Reserve showed Friday. Industrial output rose 0.4% last month following a similar, upwardly revised pace of growth in November. Utilities output expanded 2.6% in December following a 0.3% contraction the month before, underpinned by gains in natural gas, the Fed said.
US equity indexes were muted to mixed in midday trading on Friday amid strong gains in government bond yields, as President Donald Trump appeared to signal National Economic Council Director Kevin Hassett may not be the next head of the Federal Reserve.
Financial stocks were advancing in Friday afternoon trading, with the NYSE Financial Index rising 0.6% and the State Street Financial Select Sector SPDR ETF adding 0.7%. The Philadelphia Housing Index was down 0.5%, and the State Street Real Estate Select Sector SPDR ETF rose 1%. Bitcoin was declining 0.6% to $95,049, and the yield for 10-year US Treasuries was rising 6 basis points to 4.22%. I...
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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