Financial stocks were advancing in late Thursday afternoon trading, with the NYSE Financial Index up 0.4% and the State Street Financial Select Sector SPDR ETF increasing 0.6%. The Philadelphia Housing Index was down 0.8%, and the State Street Real Estate Select Sector SPDR ETF shed 0.7%. Bitcoin was adding 0.5% to $89,844, and the yield for 10-year US Treasuries was slightly lower at 4.25%. In...
HOUSTON, Jan. 22, 2026 Rice University launched the Global Brain Economy Initiative Jan. 21 during the annual meeting of the World Economic Forum in Davos, Switzerland. This initiative positions brain capital, or brain health and brain skills, at the forefront of global economic development, particularly in the age of artificial intelligence.
* Trump says US will have total, permanent access to Greenland. * Even with Greenland deal, caution persists -strategist. * US data mixed, inflation benign, but little rates reaction. * US yield curve continues to flatten, as tariff risk off for now. * US 10-year TIPS auction shows weak results. By Gertrude Chavez-Dreyfuss.
Observers said the Supreme Court likely will allow Federal Reserve Gov. Lisa Cook to remain at her post while she challenges her purported removal by President Donald Trump. But her continued presence would slow, rather than stop, the president's quest for a voting majority on the central bank board.
Financial stocks were advancing in Thursday afternoon trading, with the NYSE Financial Index up 0.8% and the State Street Financial Select Sector SPDR ETF increasing 0.7%. The Philadelphia Housing Index was down 0.5%, and the State Street Real Estate Select Sector SPDR ETF eased 0.1%. Bitcoin was decreasing 0.1% to $89,316, and the yield for 10-year US Treasuries was steady at 4.25%. In economi...
Maryland Governor Wes Moore unveiled his $70.8 billion budget proposal that is designed to close a $1.5 billion gap via cuts, fund transfers and swaps of bonds for cash.
Northern Trust (NTRS) on Thursday reported a rise in fourth-quarter profit?as a market rally lifted asset values, boosting fee income. Shares of the asset and wealth manager hit an ?all-time high of $157.60. Investor demand for AI-linked stocks, Federal Reserve rate cuts and ?easing tariff worries?have powered a broad market rally,?supporting ?asset managers and custodians.
Weekly applications for unemployment insurance largely held steady after slipping below the 200,000 level earlier this month, while continuing claims fell to the lowest since November. For the week through Jan. 17, the seasonally adjusted number of initial claims rose by 1,000 to 200,000, the Department of Labor said Thursday.
Financial stocks were advancing in Thursday afternoon trading, with the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF each increasing 0.8%. The Philadelphia Housing Index was down 0.2%, and the State Street Real Estate Select Sector SPDR ETF eased 0.1%. Bitcoin was increasing 0.2% to $89,545, and the yield for 10-year US Treasuries was steady at 4.25%. In corporate ...
Dallas Area Rapid Transit's moratorium on new debt issuance comes as voters in five of its 13 member cities will decide whether to withdraw from the agency.
Gold pushed past $4,900 per ounce for the first time on Thursday, powered by ongoing geopolitical tensions, a softer U.S. dollar and expectations of Federal Reserve interest rate cuts, while silver and platinum prices hit fresh record highs. Spot gold ?climbed to a record peak of $4,917.65 per ounce, as of 01:51 p.m. ET.
US consumer spending grew in October and November, while the Federal Reserve's preferred inflation metric for November accelerated in line with market expectations, delayed government data showed Thursday. Personal consumption expenditures rose 0.5% each in October and November, the Bureau of Economic Analysis said.
As we move just twenty days into 2026, the U.S. housing market is already sending clear and increasingly consequential signals. Based on December housing data released to date, combined new and existing home sales for 2025 are estimated at approximately 4.7 million units, well below the long-term annual average of 5.9 million and rivaling only the weakest years of the Global Financial Crisis.
Central bank independence - the ability to set interest rates free from political pressure - is widely seen as critical to a nation's economic wellbeing, and it's one reason why President Donald Trump's attempt to fire Federal Reserve Governor Lisa Cook is drawing so much attention.
Central bank independence - the ability to set interest rates free from political pressure - is widely seen as critical to a nation's economic wellbeing, and it's one reason why President Donald Trump's attempt to fire Federal Reserve Governor Lisa Cook is drawing so much attention.
Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.09%. ?With the economy improving and the average 30-year fixed-rate mortgage nearly a percentage point lower than last year, more homebuyers are entering the market,? said Sam Khater, Freddie Mac?s Chief Economist.
* Trump says US will have total, permanent access to Greenland. * Even with Greenland deal, caution persists -strategist. * US data mixed, inflation benign, but little rates reaction. * US yield curve continues to flatten, as tariff risk off for now. By Gertrude Chavez-Dreyfuss.
In the first half of January, Mexican headline inflation was revised upward, increasing from 3.69% in December to 3.77%, and coming in below the consensus expectation of 3.87%, said Scotiabank after Thursday's data. Core inflation rose from 4.33% to 4.47% versus 4.52% consensus, noted the bank.
The Kansas City Fed monthly manufacturing index remained at 0 in January, below expectations for an increase to 4 in a survey compiled by Bloomberg. Annual revisions were incorporated into the data. Other regional manufacturing data released so far have shown a rebound from negative readings in the previous month.
The US economy grew in the third quarter at a slightly stronger pace than initially estimated as readings for exports and investment were revised higher, the Bureau of Economic Analysis said Thursday. Real gross domestic product in the world's largest economy increased at a 4.4% annualized rate in the September quarter, according to the BEA's updated estimate.
* US data shows consumer spending increased in October, November. * Aussie hits 15-month high as jobs data raises RBA hike prospects. * Yen still in intervention territory, BoJ hawkish tilt expected. By Hannah Lang and Stefano Rebaudo.
UBS said it no longer expects rate cuts in 2026 by the central banks of South Korea and Taiwan. The bank had previously expected the BoK to reduce rates twice by 25bps, while the CBC was seen cutting by 12.5bps this year. MT Newswires does not provide investment advice.
SPARTA, Mich. "We are deeply grateful for the opportunity to partner with the Federal Home Loan Bank of Indianapolis to award Fresh Coast Alliance a $1 million Affordable Housing Program grant," said ChoiceOne Chief Executive Officer Kelly Potes.
U.S. consumer spending increased solidly in November and October,?likely keeping the economy on track?for a third straight quarter of strong growth. Consumer spending, which accounts for more than two-thirds of economic activity, rose 0.5% after rising by the same margin in October, the Commerce Department's Bureau of Economic Analysis said on Thursday.
U.S. consumer spending increased solidly in November and October, likely keeping the economy on track for a third straight quarter of strong growth. Consumer spending, which accounts for more than two-thirds of economic activity, rose 0.5% after rising by the same margin in October, the Commerce Department's Bureau of Economic Analysis said on Thursday.
* Weekly jobless claims increase 1,000 to 200,000. * Third-quarter gross domestic product growth revised up to rate of 4.4% * Consumer spending increases strongly in October and November. * Inflation rises moderately in October and November. By Lucia Mutikani.
After cutting interest rates by three-quarters of a percentage point in 2025, Federal Reserve policymakers have signaled they will wait and see what happens with the economy before making another move. Here is a look at Fed officials' recent comments, ?sorting them under the labels "dove" and "hawk" as shorthand for their monetary policy leanings. A graphic is also available.
US stocks look set to open higher in Thursday's trading session as investors parse gross domestic product and unemployment figures released earlier in the morning, and look ahead to inflation and oil inventory figures coming out later in the day. Dow Jones Industrial Average futures were up 0.5%, S&P 500 futures were rising 0.7%, and Nasdaq futures were tracking 1% higher.
UBS said it expects Canada's gross domestic product growth to be 1.5% for 2025, then rising to 1.8% this year and in 2027. The Canadian consumer price index is estimated at 2.0% in 2025, at 2.1% this year and then at 2.0% in 2027, the bank added. MT Newswires does not provide investment advice.
* Futures up: Dow 0.41%, S&P 500 0.60%, Nasdaq 0.91% * Procter & Gamble Q2 revenue is a touch shy of estimates. * US final Q3 GDP +4.4% vs est +4.3% By Sruthi Shankar and Pranav Kashyap.
The U.S. economy grew a bit faster than initially thought in the third quarter, the government said on Thursday, while corporate profits were also revised higher.
The U.S. economy grew a bit faster than initially thought in the third quarter, the government said on Thursday, while corporate profits were also revised higher.
Environmental & Public Health International? announced that its?Lead Service Line Replacement Cost Calculator? has been published on the World Economic Forum?s UpLink Innovation Portal, a global platform connecting governments, development partners, and investors with vetted, deployable solutions advancing sustainable development.
SHENZHEN, China, Jan. 22, 2026 ?May Li, Board Secretary of Mindray Medical , delivered a keynote speech at the 44th J.P. Morgan Healthcare Conference on January 15, 2026, outlining the company's strategic vision for the next decade centered on three core pillars: Globalization, Recurring Business Expansion, and Intelli-Digitalization.
Turkey's central bank Thursday said its Monetary Policy Committee decided to reduce the policy rate -- the one-week repo auction rate -- to 37.0% from 38.0%. All but two forecasters of a survey had expected a bigger cut, noted Scotiabank after the policy decision.
US economic growth, measured by gross domestic product, was revised up slightly to a 4.4% increase in Q3 from a 4.3% gain in the advance estimate. No revision was expected in a survey compiled by Bloomberg. Personal consumer expenditures were unrevised from the 3.5% increase in the advance estimate and were above a 2.5% gain in Q2.
BEIJING, Jan. 22, 2026 China's GDP grew at 5 percent year-on-year to 140.19 trillion?yuan in 2025, data from the National Bureau of Statistics showed on Monday, meeting the annual growth target of around 5 percent and surpassing the 140-trillion-yuan threshold for the first time.
US initial jobless claims rose to a level of 200,000 in the employment survey week ended Jan. 17 from an upwardly revised 199,000 level in the previous week, compared with expectations for a larger increase to 209,000 in survey of analysts compiled by Bloomberg. Initial claims were at a level of 224,000 in the employment survey week ended Dec. 13.
U.S. consumer spending increased solidly in November and October as households stepped up purchases of a range of goods and services, likely keeping the economy on track for a third straight quarter of strong growth. But the boom in economic growth evident in reports on Thursday has not been accompanied by a strong labor market.
The number of Americans filing new applications for unemployment benefits increased less than expected last week, suggesting the labor market maintained a steady pace of job growth in January. Initial claims for state unemployment benefits rose 1,000 to a seasonally adjusted 200,000 for the ?week ended January 17, the Labor Department said on Thursday.
Royal Bank of Canada (RY) said Thursday it received an unsolicited mini-tender offer from TRC Capital Investment to purchase up to 500,000 of its shares at CA$224 per share in cash. Royal Bank said it recommends that shareholders reject the offer as the price is about 4.5% lower than the closing share price of the shares on Jan. 13, the business day before the date of the offer.
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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