Weekly applications for unemployment insurance in the US dropped, while continuing claims reached the lowest level since September 2024, government data showed Thursday. For the week through Jan. 24, the seasonally adjusted number of initial claims decreased by 1,000 to 209,000 from the previous week's average that was revised upwards by 10,000, the Department of Labor said.
The widening of Canada's merchandise trade deficit in November was entirely due to a decline in exports, particularly of metal and non-metallic mineral products, said National Bank of Canada.
President Donald Trump said on Thursday he intends to announce his pick to replace Federal Reserve Chair Jerome Powell next week, as speculation intensifies over who will lead the U.S. central bank after Powell steps aside from the job in May. "We're going to be announcing the head of the Fed ... and it'll be a person that will, I think, do a good job," Trump said ?during his first cabinet me...
AM Best has revised the outlooks to positive from stable and affirmed the Financial Strength Rating of B+ and the Long-Term Issuer Credit Rating of ?bbb-? of Well Link Life Insurance Company Limited.
The European stock markets were mixed in Thursday trading as The Stoxx Europe was off 0.2%, Germany's DAX tumbled 2.1%, the FTSE 100 gained 0.2%, France's CAC was up 0.1%, and the Swiss Market Index rose 1%. The Economic Sentiment Indicator, released by the European Commission, increased 1.9 points to 99.2 in the European Union, and 2.2 points to 99.4 in the euro area in January from December.
Freddie Mac today released the results of its Primary Mortgage Market Survey?, showing the 30-year fixed-rate mortgage averaged 6.10%. ?Mortgage rates remain near their lowest levels in three years, which is encouraging for potential homebuyers who have waited to enter the market for some time,? said Sam Khater, Freddie Mac?s Chief Economist.
The Bank of Canada held rates at at 2.25% at Wednesday's meeting, with the statement maintaining directionality in the next move and this was emphasized by Governor Tiff Macklem too, said UBS. Updated projections were little changed and uncertainty reigns, wrote the bank in a note to clients.
* Investors await payrolls data next week for signals on economy. * Fed chief upbeat about economy, but hints at medium-term cuts. * Yield curve steepens on inflation worries. By Tatiana Bautzer.
AM Best has affirmed the Financial Strength Rating of B and the Long-Term Issuer Credit Rating of ?bb? of National Insurance Company. The ratings reflect NIC?s balance sheet strength, which AM Best assesses as strong, as well as its adequate operating performance, limited business profile and marginal enterprise risk management.
NEWARK,?Del. As owners increasingly treat animals like family members?a trend known as "pet humanization"?disposable income is being aggressively channeled into premium nutrition, preventative health services, and lifestyle products. Economic Resilience and the Rise of Digital Health Despite broader inflationary pressures, the sector remains remarkably resilient.
Canada's merchandise trade deficit widened to $2.2 billion in November from a revised $400 million in October, said Bank of Montreal. Exports fell 2.8% month over month as gold shipments reversed following two months of strength, although they are still up almost 40% year-to-date.
Euro zone bond yields edged lower in afternoon trading on Thursday as concerns persisted over the strength of the euro and whether it might prompt the European Central Bank to ease monetary policy sooner than many currently expect. As ?the euro zone is a net energy ?importer, even modest currency gains can reduce the cost of energy and other imports, potentially lowering inflation.
Brazilian state-run bank BRB will likely have to set aside more than 5 billion reais to cover transactions with failed lender Banco Master, a central bank director told the federal police in testimony seen by Reuters.
Sherwin-Williams Co (SHW): * SHERWIN-WILLIAMS SAYS EXISTING ?HOME ?SALES OUTLOOK IN ?2026 VARIES FROM ?SLIGHTLY ?DOWN TO UP ?DOUBLE ?DIGITS; DEMAND HARD TO ?PREDICT - CONF ?CALL. * ?SHERWIN-WILLIAMS EXPECTS NEW RESIDENTIAL ?MARKET TO BE DOWN MID SINGLE DIGITS THIS ?YEAR - ?CONF CALL.
Wednesday was policy rate decision day in Canada with the central bank meeting, said National Bank of Canada. The Bank of Canada decision to hold was announced alongside a fresh Monetary Policy Report, offering an updated assessment of economic conditions, including inflation. In recent years, the bank noted it has criticized the BoC's treatment of underlying inflation.
TEMPE, Ariz. Please note that differences in rounding practices may result in computed values that differ from published values. About ISM? PMI??Reports?The ISM? PMI? Reports?are considered by many economists to be the most reliable near-term economic barometer available.
Canada's international trade deficit widened to $2.2 billion in November from $400 million in the prior month, as exports dropped off, said CIBC after Thursday's data. The result was worse than the consensus expectation for a $700 million shortfall, noted the bank.
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.
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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