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Financial stocks rose in late Thursday afternoon trading, with the NYSE Financial Index advancing 0.9% and the State Street Financial Select Sector SPDR ETF adding 0.8%. The Philadelphia Housing Index rose 0.3%, and the State Street Real Estate Select Sector SPDR ETF gained 1.4%. Bitcoin was falling 6.3% to $83,864, and the yield for 10-year US Treasuries dropped 2.2 basis points to 4.23%. In e...

Financial stocks rose in late Thursday afternoon trading, with the NYSE Financial Index advancing 0.9% and the State Street Financial Select Sector SPDR ETF adding 0.8%. The Philadelphia Housing Index rose 0.3%, and the State Street Real Estate Select Sector SPDR ETF gained 1.4%. Bitcoin was falling 6.3% to $83,864, and the yield for 10-year US Treasuries dropped 2.2 basis points to 4.23%. In c...

Campbellsville University "shares many of the characteristics of schools that are struggling" in higher education, said Lisa Washburn of Municipal Market Analytics.

* All four candidates for top Fed job support lower interest rates. * Betting markets see Rieder as Trump's most likely nominee. * Fed Governor Waller, former Fed Governor Warsh also on short list. By Steve Holland.

The wide gulf between the Trump administration and the U.S. Federal Reserve over where interest rates ought to be masks the fact that the two sides have begun to share a consensus about the near-term economic outlook.

Greystone, a leading national commercial real estate finance company, announced it has provided a $49,207,000 Fannie Mae DUS? loan to refinance a 150-unit multifamily community located in Norwalk, Connecticut. Built in 2024 in Fairfield County, SoNo Central is a six-story apartment complex featuring studio, one-, and two-bedroom units, and 12 commercial units.

* Fed and administration align on productivity gains. * Fed cautious on rate cuts despite administration's push for deeper reductions. * Powell optimistic about economic growth, sees stable unemployment rate. By Howard Schneider.

Initial jobless claims decreased by 1,000 to 209,000 in the week ended Jan. 24, but the four-week moving average rose by 2,250 to 206,250 after three straight decreases. Insured claims fell by 38,000 to 1.827 million in the employment survey week ended Jan. 17, the lowest level since the week ended Sept. 21, 2024, when it was 1.825 million.

Stifel Canada's quarterly consumer spending survey suggests that spending intentions are moderating sequentially compared with October 2025. "In almost all categories we monitor, female and low income respondents, as well as young shoppers show declining spending intentions," write analysts Martin Landry and Daryl Young.

Bitcoin is down over 5% on Thursday as broader risk-off sentiment sweeps through global markets. Weakening tech earnings and a hawkish pivot from the Federal Reserve are driving capital out of risk assets. Crypto trader Jelle highlighted that this is the largest Bitcoin correction since 2021, but it's still far from the biggest drawdown in BTC's history.

The board of directors of the Federal Home Loan Bank of Atlanta today approved a cash dividend for the fourth quarter 2025 at an annualized rate of 6.40 percent.

Financial stocks rose in Thursday afternoon trading with the NYSE Financial Index advancing 0.6% and the State Street Financial Select Sector SPDR ETF adding 0.5%. The Philadelphia Housing Index eased 0.1%, and the State Street Real Estate Select Sector SPDR ETF gained 1%. Bitcoin fell 6.6% to $83,769, and the yield for 10-year US Treasuries dropped1.6 basis points to 4.235%. In economic news, ...

Market Intelligence analyst Jeff Lipton uses the Federal Reserve's latest Flow of Funds data to show how households still dominate municipal bond ownership even as ETFs surge and banks and insurance companies trim exposure, reshaping muni demand heading into 2026.

Financial stocks rose in Thursday afternoon trading, with the NYSE Financial Index advancing 0.6% and the State Street Financial Select Sector SPDR ETF adding 0.5%. The Philadelphia Housing Index was up 0.1%, and the State Street Real Estate Select Sector SPDR ETF rose 0.6%. Bitcoin was falling 5.1% to $84,597, and the yield for 10-year US Treasuries was decreasing 1.6 basis points to nearly 4....

Payden & Rygel has released its 2026 unconstrained bond market outlook, ?2026: A Tale of Two Cities ? Investing Across a Bifurcated Global Economy,? arguing that concentrated growth, uneven household finances, and diverging emerging?market trajectories are creating a more fragmented opportunity set for fixed income investors.

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.

* Weekly jobless claims fall 1,000 to 209,000. * Continuing claims decrease 38,000 to 1.827 million. * Trade deficit widens 94.6% to $56.8 billion. By Lucia Mutikani.

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.