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The drinking and clean water state revolving fund programs and other water infrastructure programs are up for reauthorization this year.

Financial stocks rose in late Tuesday afternoon trading, with the NYSE Financial Index increasing 0.2% and the State Street Financial Select Sector SPDR ETF ahead 0.4%. The Philadelphia Housing Index was fractionally higher, and the State Street Real Estate Select Sector SPDR ETF rose 0.3%. Bitcoin was declining 0.2% to $64,528, and the yield for 10-year US Treasuries was slightly higher at 4.0...

AM Best has removed from under review with negative implications and downgraded the Financial Strength Rating to A from A+ and the Long-Term Issuer Credit Rating to ?a? from ?aa-? of Travelers Insurance Company of Canada. In addition, AM Best has affirmed the FSR of A and the Long-Term ICR of ?a? of Definity Insurance Company.

Moos, who was most recently a managing director of municipal bond sales at Wells Fargo (WFC), will report to Bryan Baebler, BAM's head of municipal capital markets.

* Investors fear Trump's speech may increase market anxiety. * Potential topics include Iran, tariffs, and Federal Reserve governance. * Trump's affordability focus may affect bond market and credit card rates. By Suzanne McGee and Laura Matthews.

Chicago Fed President Austan Goolsbee said that the FOMC should maintain its focus on inflation and should not allow it to remain elevated but acknowledged the recent slowdown in hiring and the uncertainty that businesses face after the Trump Administration's tariffs were overturned.

The Conference Board's Consumer Confidence Index rose to 91.2 in February from an 89.0 reading in January due to an increase in the expectations reading that was offset by a decline in the present situation measure. The assessment of labor force conditions improved slightly in February, but the assessment of business conditions deteriorated.

Federal Reserve Gov. Lisa Cook said AI could boost productivity, but warned the transition may raise unemployment and force difficult tradeoffs between inflation and jobs.

AM Best has revised the outlooks to stable from negative and affirmed the Financial Strength Rating of A and the Long-Term Issuer Credit Ratings of ?a? for the members of Mercury Casualty Group.

Financial stocks rose in Tuesday afternoon trading, with the NYSE Financial Index increasing 0.2% and the State Street Financial Select Sector SPDR ETF ahead 0.5%. The Philadelphia Housing Index was adding 0.3%, and the State Street Real Estate Select Sector SPDR ETF rose 0.3%. Bitcoin was declining 0.6% to $64,321, and the yield for 10-year US Treasuries was slightly higher at 4.04%. In corpor...

* Consumer confidence index rises 2.2 points to 91.2 in February. * Labor market differential improves but consumers still worried about jobs. * House prices gain 0.1% in December; up 1.8% year-on-year. By Lucia Mutikani.

The proposal would cut the risk factor from Fed oversight and bar supervisors from pushing banks to cut off disfavored businesses, including in crypto.

Financial stocks were advancing in Tuesday afternoon trading, with the NYSE Financial Index increasing 0.2% and the State Street Financial Select Sector SPDR ETF ahead 0.5%. The Philadelphia Housing Index was adding 0.3%, and the State Street Real Estate Select Sector SPDR ETF rose 0.3%. Bitcoin was declining 0.6% to $64,321, and the yield for 10-year US Treasuries was slightly higher at 4.04%....

The Federal Reserve must avoid easing its monetary policy further as inflation remains a key concern among businesses and consumers, Chicago Fed President Austan Goolsbee said Tuesday. Given the US economy's "solid" growth in 2025 and a largely steady labor market, Goolsbee said the focus for near-term Fed policy decisions should shift back to inflation that remains well above the 2% target.

U.S. ?tariffs and uncertainty have ?weighed ?on global economic ?growth, ?but ?many parts of ?the economy ?have proved more resilient ?than ?expected, ?Swiss National Bank Chairman Martin ?Schlegel said ?on Tuesday. Speaking at an ?event ?in Zurich, ?Schlegel ?also noted that inflationary pressures in Switzerland had barely ?changed.

US consumer confidence improved this month as labor market concerns eased somewhat, while inflation expectations remained elevated, the Conference Board said Tuesday. The consumer confidence index rose by 2.2 points to 91.2 in February from last month's upwardly revised 89.

* Trump could lay out future trade policy in remarks later. * Investors want to go long Treasuries, rates trader says. * US 2/10 yield curve flattens for 10th straight session. * US rate futures still price in two cuts in 2026. By Gertrude Chavez-Dreyfuss.

The Albany-based lawyer specializes in conduit financing.?

Plano is the first of six Dallas Area Rapid Transit member cities to cancel a May 2 election to drop out of the agency, while others could follow suit.

Quebec's gross domestic product in November fell 0.3% month over month, marking the second consecutive monthly decline and the eighth contraction in the last 10 months, said National Bank of Canada. The performance of the Quebec economy also contrasts with that of the country as a whole, as Canadian GDP remained relatively stable in November, noted the bank.

Nigeria's central bank Tuesday said its Monetary Policy Committee decided to reduce the Monetary Policy Rate by 50bps to 26.50% MT Newswires does not provide investment advice.

Hungary's central bank Tuesday said its Monetary Council reduced rates by 25bps, as expected by the majority of economists.

U.S. wholesale inventories increased marginally in December amid strong sales growth, government data ?showed on Tuesday. Stocks at wholesalers ?rose 0.2%, matching the gain in November, the ?Commerce Department's Census Bureau said. Inventories, a key part of gross domestic product, ?advanced 2.9% on ?a year-over-year basis in December.

* Yen weakens on report PM Takaichi questioned BOJ rate hike plans. * Economists expected BOJ rate hike to 1% by end-June. * Traders focus on US tariffs and geopolitical tensions with Iran. By Karen Brettell.

With Finland and Sweden in NATO and a major rise in defense spending, Europe should be a much safer place than it used to be four years ago when Russia attacked Ukraine, said Berenberg. After all, the combined gross domestic product of the European Union, the United Kingdom and Norway is roughly ten times the size of the Russian economy, noted the bank.

The Conference Board's measure of consumer confidence rose to 91.2 in February from 89.0 in January, above a reading of 87.1 expected in a survey compiled by Bloomberg.

U.S. consumer confidence rebounded more than expected in February, but the share of consumers viewing jobs as "hard to get" increased to a five-year high, raising the risk of the unemployment rate increasing this month.

U.S. consumer confidence rebounded more than expected in February amid an improvement in households' perceptions of the labor ?market, a survey showed on Tuesday. "Confidence ticked up as consumers' pessimistic expectations for the ?future eased somewhat," ?said Dana ?Peterson, chief economist at the Conference Board.

Confidence edged higher but remained well below heights reached in late 2024 NEW YORK, Feb. 24, 2026 The Conference Board Consumer Confidence Index? increased by 2.2 points in February to 91.2, from an upwardly revised 89.0 in January.

Governor Tiff Macklem's recent speech suggests the Bank of Canada is sticking to a script in insisting the recent weak economic growth is largely a reflection of structural shifts in the Canadian economy linked to United States tariffs and demographic change, says CIBC.

Artificial intelligence has triggered a generational shift in the U.S. labor market and could lead to a possible rise in the unemployment rate that the U.S. central bank may not be able to counter with ?lower interest rates, Federal Reserve Governor Lisa Cook ?said on Tuesday.

Federal Reserve Governor Christopher Waller said on Tuesday he doesn't expect the adoption of artificial intelligence technology to totally upend the job market in the U.S. 'I'm not a doom and gloomer" about AI's economic impact, Waller said in a virtual appearance at a Federal Reserve Bank of ?Boston conference. For ?the U.S. economy and those who are part of it, AI is "a tool we can use.

U.S. single-family house price gains slowed in December, but economists believe tight inventory could prevent an outright decline in national home prices. House prices edged up 0.1% after an upwardly revised 0.7% increase in November, ?the Federal Housing Finance Agency said on Tuesday.

Federal Reserve Governor Christopher Waller said Tuesday the U.S. central bank is carefully moving ?to adopt artificial intelligence technology ?in a system-wide approach. "We cannot approach AI casually," and "as a ?central bank, we hold ourselves to a ?high standard" when using the ?technology, Waller said ?at a conference held by the Federal Reserve Bank ?of Boston.

U.S. single-family house price gains slowed in December, but economists believe tight inventory could prevent an outright decline in national home prices. House prices edged up 0.1% after an upwardly revised 0.7% increase in November, ?the Federal Housing Finance Agency said on Tuesday.

With recent economic and inflation data cooling off, the pricing of 2026 rate hikes has been stopped, and traders now see a chance of a Bank of Canada cut this year, said National Bank of Canada. But for National, the BoC is more likely to be sidelined all year as economic uncertainty and expecations around mixed data give the central bank conflicting signals.

The Case-Shiller National Home Price index fell by 0.3% in December before seasonal adjustment following a 0.1% decrease in November. National home prices were up 1.3% year-over-year, down from 1.4% in November. The 10-city index and 20-city index both declined by 0.1% in December.

The FHFA's measure of home prices rose by 0.1% in December after an upwardly revised 0.7% increase in the previous month, below a 0.3% gain expected in a survey compiled by Bloomberg. Prices rose in six of the nine regions, were down in two and unchanged in one region. Overall prices were up 1.8% from a year earlier in December.