* ECB expected to stay on hold for fifth meeting. * Immediate risk of Trump tariffs over Greenland has passed. * Policymakers concerned about euro's rise to $1.20. By Yoruk Bahceli and Stefano Rebaudo. The European Central Bank meets next Thursday with policymakers relieved that the threat of fresh U.S. tariffs over President Donald Trump's demands to buy Greenland proved short-lived.
The choice of Kevin Warsh to lead the U.S. Federal Reserve clears uncertainty on Wall Street about the central bank's likely next chair, but leaves investors weighing how the former Fed governor's past hawkish leanings will mesh with President Donald Trump's insistence on far lower interest rates.
U.S. President Donald Trump ?will sign executive orders at ?11 a.m. on ?Friday and ?later participate in ?a policy meeting at ?2 p.m., ?according to a schedule released by the ?White House ?on ?Thursday that did not provide further details. Trump told reporters ?earlier on Thursday he planned to announce his pick to replace Federal Reserve ?Chair ?Jerome Powell on Friday.
* Trump to announce new Fed chair on Friday, endorses deal to avoid shutdown. * S&P 500 futures extend losses after tech selloff rattles markets. * Precious metals plunge, failing to find a floor after flash crash. By Gregor Stuart Hunter.
Long-dated U.S. Treasuries were sold in Asia on Friday on speculation President Donald Trump would nominate former Federal Reserve Governor Kevin Warsh to head the U.S. central bank and that he would push to reduce the amount of ?bonds the bank owns.
President Donald Trump said on Thursday he intends to announce his pick to replace Federal Reserve Chair Jerome Powell on Friday, with speculation intensifying that the nod will go to former Fed Governor Kevin Warsh. Bloomberg News later reported that the White House is preparing for Trump to nominate Warsh as the next Fed chair, citing people familiar with the matter.
President Donald Trump said on Thursday he intends to announce his pick to replace Federal Reserve Chair Jerome Powell on Friday, with speculation intensifying that the nod will go to former Fed governor Kevin Warsh. Bloomberg News later reported that the White House is preparing for Trump to nominate Warsh as the next Fed chair, citing people familiar with the matter.
* Trump to announce Fed Chair nominee, Warsh considered. * Dollar index rises 0.4%, trims weekly decline to 0.9% * Trump endorses spending deal to avoid government shutdown. By Rocky Swift and Rae Wee.
Former Federal Reserve Governor Kevin Warsh came to the ?White House for a ?meeting with U.S. ?President Donald Trump ?on ?Thursday, according one source ?familiar with ?the matter.
The Trump ?administration ?is preparing for ?the president ?to ?nominate ?Kevin ?Warsh to ?be ?the ?next Federal Reserve chair, Bloomberg ?News reported on ?Thursday, ?citing people familiar ?with the matter.
Former Federal Reserve Governor Kevin Warsh came to the ?White House for a ?meeting with U.S. ?President Donald Trump ?on ?Thursday, according one source ?familiar with ?the matter.
Global stocks slumped for a second straight session and the dollar strengthened sharply on Friday after U.S. President Donald Trump announced former Federal Reserve governor Kevin Warsh as his choice to become the next chair of the central bank, while a reading on inflation was stronger than expected.
* Tokyo core CPI rises 2.0% in January vs forecast +2.2% * Slowdown due to base effect of last year's food price spike. * Index excluding fresh food, fuel rises 2.4% yr/yr. * Focus on corporate price-setting behaviour in April. By Leika Kihara.
Core inflation in Japan's capital slowed to a 15-month low in January due to the effects of gasoline subsidies and easing price pressure on food, data showed on Friday, a sign consumers were getting some respite from the rising cost of living.
The U.S. dollar gained on Friday after former Federal Reserve Governor Kevin Warsh was selected to be the next Fed chair, and as the U.S. currency recovered from a sharp selloff earlier in the week that analysts say was overdone in the short-term.
* All four candidates for top Fed job support lower interest rates. * Warsh was at White House on Thursday to meet with Trump. * Bloomberg News reports Warsh is to be the nominee. * BlackRock's Rieder, Fed Governor Waller also on short list. By Bo Erickson and Andrea Shalal.
President Donald Trump said on Thursday he intends to announce his pick to replace Federal Reserve Chair Jerome Powell on Friday, with speculation intensifying that the nod will go to former Fed governor Kevin Warsh. "I'll be announcing the Fed chair tomorrow morning," Trump said at the Kennedy Center on Thursday, in response to a question from Reuters.
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. After the central bank announced it was leaving interest rates on hold as expected, Powell fielded the usual run of questions on jobs, inflation and the economic outlook, indicating that the Fed is now in pause mode.
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.
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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