DALLAS, Jan. 21, 2026 ?Comerica Bank announced today it received the highest overall rating of "Outstanding" in its 2025 Community Reinvestment Act Performance Evaluation by the Federal Reserve Board.
* Japanese bonds rally, underpin Treasuries. * Trump says US won't use force on Greenland. * Investors focus on US 20-year auction. By Gertrude Chavez-Dreyfuss. U.S. Treasury yields edged lower on Wednesday, pulling back from multi-month highs reached in the previous session after a steep selloff, as a recovery in Japanese government bonds helped steady global fixed-income markets.
Conservative and liberal U.S. Supreme Court justices signaled skepticism on Wednesday toward President Donald Trump's bid to fire Federal Reserve Governor Lisa Cook in a case with the central bank's independence at stake.
U.S. President Donald Trump said he has interviewed several strong candidates for Federal Reserve chair, but complained that nominees tend to change once they take office. "Everyone ?that I interviewed is great.
U.S. construction spending increased more than expected in October, likely reflecting home renovations, with activity elsewhere weak. The Commerce Department's Census Bureau said on Wednesday that construction spending rose 0.5% after falling 0.6% in September. The data was delayed by?the 43-day ?government shutdown.
U.S. construction spending increased more than expected in October, likely reflecting home renovations, with activity elsewhere weak. The Commerce Department's Census Bureau said on Wednesday that construction spending rose 0.5% after falling 0.6% in September. The data was delayed by the ?43-day government shutdown.
A lawyer for Donald Trump's administration faced skeptical questions from conservative and liberal U.S. Supreme Court justices on Wednesday as he defended the president's unprecedented bid to fire Federal Reserve Governor Lisa Cook in a case that could threaten the central bank's independence.
US construction spending rose by 0.5% in October, compared with a 0.1% increase expected in a survey compiled by Bloomberg and following a 0.6% decrease in September.
* Trump sought to fire Fed Governor Cook in August. * Lower courts blocked Cook's removal. * Central bank independence at stake in case. By Andrew Chung, John Kruzel and David Lawder. U.S. Supreme Court justices signaled skepticism on Wednesday toward President Donald Trump's unprecedented bid to fire Federal Reserve Governor Lisa Cook in a case with the central bank's independence at stake.
U.S. President Donald ?Trump ?said everyone he ?has ?interviewed ?for the ?job ?of Fed chair is great, ?but ?added ?that the problem was ?that they change once they get ?the ?job. He also said ?he will announce a new Fed ?chair soon.
Uniti Group (UNIT) said Wednesday that its subsidiaries have launched a private offering of $500 million in 8.625% senior notes due 2032. The notes will be issued by Uniti Services, Uniti Fiber Holdings, Uniti Group Finance 2019 and CSL Capital.
* Commercial banks must tokenise the money they handle. * Stablecoins will spread due to US push to defend dollar. * Only stable pegs are central bank, private banks' money. By Valentina Za and Antonella Cinelli.
NewGenIVF Group Limited (NIVF), a technology-driven company building a diversified ecosystem across fertility technology, digital assets, and real estate development, today announced the appointment of award-winning Web3 legal and regulatory specialist Joshua Chu as Senior Counsel to lead the Group?s tokenization strategy, alongside the formal engagement of Evident Capital, Hong Kong?s first fully...
Uniti Group Inc. (UNIT) today announced that its subsidiaries, Uniti Services LLC, Uniti Fiber Holdings Inc., Uniti Group Finance 2019 Inc. and CSL Capital, LLC, have commenced an offering of $500 million aggregate principal amount of 8.625% senior notes due 2032, subject to market and other conditions.
* Trump says he is asking Congress to cap credit card interest rates. * JPMorgan CEO says rate cap would cut off credit for 80% of Americans. * Banking industry pushes back against Trump proposal. By Manya Saini.
DAVOS, Switzerland, Jan. 21, 2026 As political and business leaders gather at the World Economic Forum Annual Meeting 2026 in?Davos under the theme "A Spirit of Dialogue," a practical question looms large: amid rising geopolitical uncertainty and pressure on global trade and investment, how can the movement of people, commerce, and capital remain efficient and resilient?
The US dollar was mixed against its major trading partners early Wednesday -- up versus the euro and pound, down versus the yen and Canadian dollar -- ahead of a busier economic data schedule after Tuesday's slow start to the week.
Brazil's central bank ordered on Wednesday the liquidation of Will Financeira SA, a unit of troubled lender Banco Master, in the latest drastic step involving illiquid institutions tied to the conglomerate. Mastercard (MA) said on Tuesday it ?had suspended Will Bank cards from its network due to non-compliance with settlement schedules under its payments arrangement.
Citizens Financial Group (CFG) reported a 31.7% surge in fourth-quarter profit on Wednesday, helped by recovery in capital markets activity that boosted underwriting fees. Federal Reserve rate cuts and easing concerns over ?the impact of tariffs have boosted commercial activity, encouraging companies to pursue refinancing ?and expansion plans, lifting demand for underwriting and loan syndication.
Canadian housing starts ended 2025 on a strong note, rising for the second consecutive month to reach 282,400, their highest level in five months and well above consensus expectations, said National Bank of Canada.
Central bank independence is crucial to controlling inflation, Swiss National Bank Chairman Martin Schlegel said on Wednesday, as the U.S. Federal Reserve chair faces a criminal probe and an onslaught of attacks from President Donald Trump.
* Central bank independence seen as crucial to control inflation. * No plans to increase or decrease gold holdings. * Inflation could turn negative in some months, not a problem. By John Revill.
The U.S. Federal Reserve will hold its key interest rate through this quarter and possibly until Chair Jerome Powell's tenure ends in May, according to a majority of economists polled by Reuters, a shift from last month when most expected at least one cut by March.
The U.S. Federal Reserve will hold its key interest rate through this quarter and possibly until Chair Jerome Powell's tenure ends in May, according to a majority of economists polled by Reuters, a shift from last month when most expected at least one cut by March.
President Donald Trump's contested firing of Federal Reserve Governor Lisa Cook has become a test case in his bid to assert control over the U.S. central bank and his ongoing efforts to push the limits of presidential power. As the first sitting Fed policymaker to be the target of an attempted presidential ouster, Cook is no stranger either to being first, or to being targeted.
U.S. Supreme Court justices signaled skepticism on Wednesday toward President Donald Trump's unprecedented bid to fire Federal Reserve Governor Lisa Cook in a case with the central bank's independence at stake.
President Donald Trump's contested firing of Federal Reserve Governor Lisa Cook has become a test case in his bid to assert control over the U.S. central bank and his ongoing efforts to push the limits of presidential power. As the first sitting Fed policymaker to be the target of an attempted presidential ouster, Cook is no stranger either to being first, or to being targeted.
U.S. Commerce ?Secretary ?Howard Lutnick ?was heckled ?at ?a ?World ?Economic Forum ?dinner ?hosted ?by Blackrock's Larry Fink, ?the Financial Times ?reported, citing ?sources ?familiar with the matter.
* Trump sought to fire Fed Governor Cook in August. * Lower courts blocked Cook's removal. * Central bank independence at stake in case. By Andrew Chung and John Kruzel.
The following are the top stories in the Wall Street Journal. - Two Democratic ?senators demanded records from Trump administration officials related to the Justice ?Department's criminal probe of Federal Reserve Chair Jerome ?Powell, calling the investigation a serious misuse ?of power.
* PIF taps debt market for the first time in 2026. * Indicative pricing for 10-year sukuk set at 120 basis points over U.S. Treasuries. * Orders from investors exceed $7 billion.
The European economy needs a "deep review" to face "the dawn of a new international order", European ?Central Bank President Christine Lagarde told French radio RTL on ?Wednesday.
Connecting Excellence ?Group ?PLC : * ?CONNECTINGEXCELLENCE - ?SETTLEMENT ?OF ?FIRST ?XCE BTC BOND ISSUE. * ?CONNECTING ?EXCELLENCE ?GROUP : RECEIVED SETTLEMENT OF ?10 BITCOIN FOR FIRST ?XCE ?BTC BOND, ?ISSUED ON 31 DECEMBER ?2025 Source text: Further ?company coverage:
Europe must wake up in the face of threats of fresh tariffs by U.S. ?President Donald Trump over Greenland, European Central Bank ?policymaker Francois Villeroy de Galhau said on ?Wednesday. "Europe must stand firm and ?defend itself, ?and Europe can also wake up and play ?its own cards," Villeroy ?told France 2 television. "We must defend ourselves on tariffs.
Growth is going to be the ?priority of the ?United States' presidency ?of the ?Group of ?20 industrialised nations, U.S. ?Treasury ?Secretary Scott Bessent said on Wednesday.
The White House may shrug off any fallout from the simmering transatlantic trade war on U.S. stocks or even the dollar, but a surge in U.S. Treasury yields could prove especially toxic for Donald Trump's administration in a mid-term election year.
U.S. Democratic senators Elizabeth Warren and Dick Durbin on Tuesday called for President Donald Trump's administration to turn over records related to the Justice ?Department's criminal probe of Federal Reserve Chair Jerome Powell.
* Trump steps up push to take control of Greenland. * Stocks selloff across Wall Street, Europe and Asia. * US Treasury yields spike, curve steepens. * Gold, silver climb to record highs. By Chibuike Oguh and Elizabeth Howcroft.
US equity indexes sank on Tuesday after trade war worries with Europe intensified the move up in long-dated Treasury yields following a sell-off in government bonds in Japan, the largest holder of US government debt.
CHICAGO, Jan. 20, 2026 Ziegler is pleased to announce the successful closing of Messiah Lifeways $82,320,000 Series 2026A Bonds. Messiah Lifeways is a non-profit corporation based in Pennsylvania that serves as the parent to Messiah Village.
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.