U.S. President Donald Trump ?said ?he will ?announce his ?pick ?to ?replace ?Federal Reserve Chair ?Jerome ?Powell ?on Friday morning. "I'll be announcing ?the Fed chair tomorrow ?morning," ?Trump said at ?the Kennedy Center on Thursday.
U.S. President Donald ?Trump ?said he will ?announce his ?pick ?to ?replace ?Federal Reserve Chair ?Jerome Powell ?on ?Friday morning. "I'll be announcing ?the Fed chair tomorrow ?morning," ?Trump said at the ?Kennedy Center on Thursday.
Japan's factory output edged down ?0.1% in ?December from ?the previous ?month, ?better than the median ?market ?forecast for a 0.4% ?dip, ?government ?data showed on Friday. Manufacturers surveyed by ?the Ministry of Economy, Trade and Industry ?expect ?seasonally adjusted output ?to jump 9.3% in January and fall 4.3% in ?February.
Deal Upsized to $150 million Sky Harbour Group Corporation (SKYH), an aviation infrastructure company building the first nationwide network of Home Base Operator campuses for business aircraft, announced today that its indirect, wholly-owned subsidiary Sky Harbour Capital III LLC priced its Series 2026 Aviation Facilities Project bonds at a yield of 6.0%. The Series 2026 Bonds were priced at par, carr...
Core consumer prices in Japan's capital rose 2.0% in January from a year earlier, data showed on Friday, ?slowing from the previous month but matching the central ?bank's target. The increase in the Tokyo core ?consumer price index, which excludes ?volatile costs ?of fresh food, compared with a median market forecast ?for a 2.2% rise.
CVR Energy, Inc. (CVI) announced today the pricing of its private placement pursuant to Rule 144A and Regulation S under the Securities Act of 1933, as amended, of $600 million in aggregate principal amount of 7.500% senior unsecured notes due 2031 and $400 million in aggregate principal amount of 7.875% senior unsecured notes due 2034.
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Rating of ?a? of Virginia Surety Seguros de M?xico, S.A. de C.V.. In addition, AM Best has also affirmed the Mexico National Scale Rating of ?aaa.MX? of VSSM.
The bitcoin-friendly nation's central bank now holds over $360 million of the yellow metal, while the government, led by President Nayib Bukele, has bitcoin holdings worth $635 million.
* Investors await payrolls data next week for signals on economy. * Fed chief upbeat about economy, but hints at medium-term cuts. * Markets expect an agreement to avert government shutdown. By Tatiana Bautzer.
AM Best has affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of ?a? of Assurant Da?os M?xico, S.A. and Assurant Vida M?xico, S.A.. In addition, AM Best has also affirmed the Mexico National Scale Rating of ?aaa.MX? of ADM and AVM.
ATLANTA, Jan. 29, 2026 Invesco Mortgage Capital Inc. (IVR/PC) today announced financial results for the quarter ended December 31, 2025. Update from John Anzalone, Chief Executive Officer "During the fourth quarter, financial conditions improved, underpinned by two interest rate cuts from the Federal Reserve, robust corporate earnings and strong economic growth.
US equity indexes ended mostly lower Thursday as details from Microsoft's (MSFT) quarterly results triggered a sell-off in the technology sector. * Initial jobless claims declined to 209,000 in the week ended Jan. 24 from an upwardly revised 210,000 in the previous week, compared with analyst expectations of 205,000 according to a survey compiled by Bloomberg.
Over the past five years, January has seen a relatively stable market tone, said Jeff Timlin, managing partner and head of municipal bond investing at Sage Advisory.
Fourth Quarter 2025Key Financial Results: Key Business Results: Key Capital and Liquidity Measures: Full Year 2025Key Financial Results: Key Business & Capital and Liquidity Results: Key UpdatesM&A: Core G&A: Corporate Debt: Corporate Anniversary: SAN DIEGO, Jan. 29, 2026 -- LPL Financial Holdings Inc. (LPLA) today announced results for its fourth quarter ended December 31, 2025, reporting net income...
New framework brings clarity, credibility, and market-specific rigor to blue finance across the U.S. municipal market Kestrel today announced the release of its Methodology for Assessing Blue Bonds Eligibility in the U.S. Municipal Bond Market, a new framework for evaluating municipal bonds that finance water-, coastal-, and ocean-related projects.
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.
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.