U.S. wholesale inventories increased in November, suggesting inventory investment could add to gross domestic product in the fourth quarter after ?being a drag for two straight quarters. Stocks at wholesalers ?rose 0.2% after a similar gain in ?October, the Commerce Department's Census ?Bureau said ?on Thursday.
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Rating of ?bbb+? of Advantage Life Puerto Rico A.I.. The outlook of these Credit Ratings is stable. The ratings reflect ALPR?s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.
U.S. wholesale inventories increased in November, suggesting inventory investment could add to gross domestic product in the fourth quarter after being a ?drag for two straight quarters. Stocks at wholesalers ?rose 0.2% after a similar gain in October, ?the Commerce Department's Census Bureau ?said on Thursday.
Canadian housing starts are trending at about 260,000 annualized units, close to post-war highs, said TD. However, in per capita terms, recent homebuilding activity is cast in a more moderate light, while the housing supply gap remains large at an estimated 400,000 units, wrote the bank in a note to clients.
AM Best has revised the outlook to negative from stable for the Long-Term Issuer Credit Rating and affirmed the Financial Strength Rating of B++ and the Long-Term ICR of ?bbb+? of Advantage Life Assurance I.I,. The outlook of the FSR is stable.
AM Best has affirmed the Financial Strength Rating of B++, the Long-Term Issuer Credit Rating of ?bbb? and the Philippines National Scale Rating of aa+.PH of Malayan Insurance Co., Inc.. The outlook of these Credit Ratings is negative.
Released new white paper, "Investing in Brain Health: The Bronx Model for Scalable Dementia Risk Reduction" Participated in The Brain Economy Lunch with West Health, Rice and Davos Alzheimer's Collaborative NEW YORK, Jan. 29, 2026 /PRNewswire/ -- CaringKind, the nation's first Alzheimer's organization and a trusted leader in dementia care and brain health innovation, today announced it joined t...
Canada's trade deficit widened substantially from $395 million in October to $2.2 billion in November, said TD after Thursday's data. Exports in November pulled back 2.8% month over month. Otherwise, eight of 11 product categories registered a gain in October, with a 7.6% month-over-month increase in crude oil exports providing the largest lift.
The U.S. trade deficit widened by the most in nearly 34 years in November amid a surge in capital goods imports, likely driven by an artificial intelligence investment boom, which could prompt economists to trim their economic growth estimates for ?the fourth quarter.
Canada's international trade deficit widened to $2.2 billion in November, from $400 million in the prior month, as exports dropped off, coming in worse than the consensus expectation for a $0.7 billion shortfall, CIBC noted Thursday.
The U.S. trade deficit widened by the most in nearly 34 years in November amid a surge in capital goods imports, likely driven by an artificial intelligence investment boom, which could prompt economists to trim their economic growth estimates for ?the fourth quarter. Trade contributed to GDP growth in the second and ?third quarters of 2025.
German prosecutors have applied to a court to confiscate some 35 million euros worth of property they had seized in a money laundering investigation into the former governor of Lebanon's central bank and other defendants.
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B++ and a Long-Term Issuer Credit Rating of ?bbb+? of Aventus Insurance Company. These Credit Ratings reflect Aventus? balance sheet strength, which AM Best assesses as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.
Five former traders jailed in Britain for rigging global benchmark interest rates ?can launch a fresh attempt to ?overturn their convictions, Britain's ?Criminal Cases Review Commission said ?on ?Thursday.
US equity futures were flat ahead of Thursday's opening bell as traders digested major earnings from the technology sector and Wednesday's Federal Reserve policy decision. Dow Jones Industrial Average futures were 0.1% higher, S&P 500 futures were up 0.2%, and Nasdaq futures were 0.1% higher.
By Jamie McGeever. Given the host of debates currently swirling around the Federal Reserve, Chair Jerome Powell's press conference on Wednesday was remarkable for being so decidedly unremarkable.
Download the Report: naiop.org/contributions26 WASHINGTON, Jan. 29, 2026 Commercial real estate continues to be a cornerstone of the U.S. economy, generating trillions of dollars in economic activity and supporting tens of millions of jobs, according to a new report released by the NAIOP Research Foundation.
CVR Energy (CVI) said Thursday it has launched an offering of $1 billion in total principal amount of senior unsecured notes due 2031 and senior unsecured notes due 2034.
Canada's merchandise trade deficit with the world widened from $395 million in October to $2.2 billion in November as exports fell 2.8% month over month, while imports edged down 0.1% month over month, said the country's statistical agency on Thursday. The deficit was much wider than the $700 million consensus deficit provided by MUFG.
The US international trade deficit widened to $56.83 billion in November after narrowing to a $29.21 billion gap in October, compared with a $44.0 billion gap expected in a survey compiled by Bloomberg as of 7:30 am ET. Exports declined in the month, while imports rose.
US initial jobless claims declined to a level of 209,000 in the week ended Jan. 24 from an upwardly revised 210,000 level in the previous week, compared with expectations for a level of 205,000 in survey of analysts compiled by Bloomberg. The four-week moving average rose by 2,250 to 206,250 after falling by 1,250 to a level of 204,000 in the previous week.
The number of Americans filing new applications for unemployment benefits fell last week from an upwardly revised level in the prior week, suggesting layoffs remained low, but tepid hiring is stoking households' anxiety about the labor market.
The number of Americans filing new applications for unemployment benefits fell slightly last week, still consistent with a relatively low level of layoffs, though lackluster hiring is stoking anxiety among households over the labor market.
* Central government posted primary deficit of 0.48% of GDP. * Fiscal result deteriorated year-on-year. * Primary surpluses of 0.5%-1% of GDP needed to stabilize debt. By Marcela Ayres.
* Exports to US drop to 68% in November from 76% a year ago. * US trade surplus increased to C$6.6 billion in November. * Exports of metals, non-metallic goods down 24.4%, led by gold. * Imports from other countries rose 7.8%, led by China. By Promit Mukherjee.
US equity futures were little changed pre-bell Thursday as traders digested major earnings from the technology sector and Wednesday's Federal Reserve policy decision. Dow Jones Industrial Average futures were 0.1% higher, S&P 500 futures were up 0.2%, and Nasdaq futures were 0.1% higher.
Universal Digital Intl Limited on Thursday launched USDU, the UAE?s first central bank-approved stablecoin that puts it in direct competition with Circle?s USDC . This make Universal Digital the first company registered by the Central Bank of the UAE to issue a Foreign Payment Token, The Block reported.
Eldridge marks the third anniversary of the Eldridge BBB?B CLO ETF. An actively managed exchange-traded fund, CLOZ invests in a diversified portfolio of primarily BBB and BB-rated tranches of collateralized loan obligations ? floating-rate bonds backed by senior secured corporate loans.
South Africa's central bank kept its main lending rate ?unchanged at 6.75% on Thursday, saying it wanted to see inflation expectations fall ?further and citing potential price pressures including electricity tariffs. The majority ?of economists polled by Reuters had ?expected no change in ?the repo rate.
The governor, in the final year of his term, asked lawmakers to approve reforms that would fix the Virgin Islands Water and Power Authority's balance sheet.
The U.S. ?should ?have substantially lower ?interest rates ?now ?and ?should ?have the lowest in ?the ?world, ?President Donald Trump on ?Thursday, one day after the ?U.S. ?Federal Reserve moved ?to hold benchmark rates steady.
United States manufacturing gross domestic product is almost 10% above its pre-COVID level, while the Canadian manufacturing GDP has yet to reach 2019 levels, said CIBC. The U.S. performance isn't only stronger but it's also much more capital-intensive, wrote the bank in a note to clients.
Mast MT1 achieves excavation-to-delivery in nine months, the largest issuance to-date under Puro.earth's Terrestrial Storage of Biomass methodology and the first to finance post-wildfire recovery SEATTLE, Jan. 29, 2026 /PRNewswire/ --?Mast Reforestation today announced the delivery and sale of more than 80% of its biomass burial carbon dioxide removal credits from Mast Wood Preserve MT1, its p...
Pultegroup (PHM) on Thursday posted a drop in profit and revenue for the fourth quarter, as homebuyer demand struggles to pick up amid an inflationary environment. U.S. homebuilders continue to offer incentives such ?as mortgage rate buydowns and smaller, more affordable homes to stimulate demand - which ?in turn has hurt their margins.
There was no surprise when the Bank of Canada held steady at a policy rate of 2.25% on Wednesday, said Rosenberg Research. In his post-meeting press conference on Wednesday, BoC Governor Tiff Macklem noted that geopolitical risks -- especially on trade -- appear to have rebounded in January, after being a bit quieter in the second half of 2025.
The US dollar rose against its major trading partners early Thursday, except for a decline versus the Canadian dollar, before a busy day of data releases, starting with weekly jobless claims, revised Q3 productivity and trade data for November, all at 8:30 am ET.
Brazil's central government ended 2025 with ?a primary deficit ?of 61.7 billion ?reais, equivalent ?to ?0.48% of gross ?domestic ?product, Treasury data showed on ?Thursday, a ?real ?increase of 32.3% from the previous ?year's shortfall.
CVR Energy, Inc. (CVI) announced today that, subject to market conditions, it intends to offer for sale in a private placement pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended, $1 billion in aggregate principal amount of senior unsecured notes due 2031 and senior unsecured notes due 2034.
Brazil's Finance Minister Fernando Haddad said on Thursday that the ?central bank's announcement that it ?will begin cutting ?interest rates at ?its next ?meeting in March will help ?put the ?country's public debt on a better trajectory.
US equity markets were tracking in the green before the opening bell Thursday as traders digest the latest financial results of some of the biggest technology companies and Federal Reserve Chair Jerome Powell's post-policy meeting comments. The S&P 500 rose 0.2%, the Dow Jones Industrial Average increased 0.5% and the Nasdaq edged up 0.1% in premarket activity.
Euro zone bond yields were little changed on Thursday as concerns persisted over the strength of the euro and whether it might prompt the European Central Bank to ease policy, while the U.S. ?Federal Reserve kept rates on hold.
Brazil's bank lending increased 10.2% in 2025, official data showed on Tuesday, exceeding the central bank's forecast, driven mainly ?by stronger-than-expected household borrowing amid government credit-stimulus measures.
Chile's ?unemployment ?rate hit 8.0% ?in ?the ?quarter ?through ?December, statistics agency ?INE said ?on ?Thursday, below the ?8.3% expected by ?economists ?polled by Reuters.
The Bank of Canada delivered a neutral hold in its first decision of 2026, as was broadly expected going in Wednesday's policy meeting, said RBC. There was nothing particularly compelling from Wednesday's meeting to warrant a change in probability assessments for the BoC going forward, noted the bank.
Jan 29 - ?. What matters in U.S. and global markets today. By Mike Dolan, Editor-At-Large, Finance and Markets. Global markets are digesting a torrent of new information on the earnings, currency and political fronts - yet they are holding up reasonably well. The Federal Reserve meeting yesterday - and the decision to leave rates unchanged - did nothing to disturb the existing market view.
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.
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