U.S. President Donald Trump's barrage of tariffs last year had only a minimal impact on U.S. economic output but raised significant federal revenue and contributed to a further U.S.-China trade decoupling, a new Brookings Institution academic paper showed on Wednesday.
The dollar held on to gains at the start of Asian trading on Thursday as investors sought clarity on whether a de-escalation in the U.S.-Israeli conflict with Iran was imminent and trimmed bets that the Federal Reserve's next move may be a hike. Against the yen, the U.S. dollar was flat at 159.41 yen, holding near its strongest levels since 2024.
LYON, France---- Regulatory News: POXEL SA, a clinical-stage biopharmaceutical company that has developed innovative treatments for serious chronic diseases with metabolic pathophysiology, including metabolic dysfunction-associated steatohepatitis and rare metabolic diseases, announces that it has signed, on March 25, 2026, the new Tranche D PDR subscription agreement with IPF Partners, for ?3....
Freddie Mac today posted to its website its?Monthly Volume Summary for February 2026, which provides information on Freddie Mac?s mortgage-related portfolios, securities issuance, risk management, delinquencies, debt activities, and other investments. Freddie Mac?s mission is to make home possible for families across the nation.
KBRA assigns a long-term rating of AA to the State of Louisiana General Obligation Bonds, Series 2026-A and affirms the long-term rating of AA for the State's outstanding General Obligation Bonds. Key Credit Considerations The rating actions reflect the following key credit considerations: Credit Positives. Credit Challenges. Rating Sensitivities For Upgrade. For Downgrade.
Colliers International Group (CIGI) said late Wednesday it completed a private placement of CA$550 million of 4.73% fixed rate senior unsecured notes due 2033. The notes were issued by its subsidiary, Colliers Macaulay Nicolls, and fully guaranteed by Colliers, according to the company.
Apollo Global Management, Inc. (APO) today announced that it has priced an offering of $750 million aggregate principal amount of its 5.700% Senior Notes due 2036. The notes will be fully and unconditionally guaranteed by certain subsidiaries of the Issuer that are obligors under the Issuer?s outstanding debt securities.
Veteran investor and housing finance leader brings deep capital markets and mortgage experience to support Better?s next phase of AI-driven growth through Tinman? AI Platform Better Home & Finance Holding Company (BETR), the leading AI-powered homeownership company, today announced that Hugh Frater, a founding partner and former managing director of BlackRock and former CEO of Fannie Mae, has been app...
Colliers International Group Wednesday said it completed a private placement of C$550 million of 4.73% fixed rate senior unsecured notes due 2033. The notes were issued by Colliers Macaulay Nicolls, a subsidiary of Colliers, and are fully guaranteed by the company.
"Rates, not fundamentals, continue to drive benchmark yields higher, leaving munis on track for their fourth-worst monthly performance in 15 years," said James Pruskowski, managing director at Hennion & Walsh.
?. Colliers International Group Inc. (CIGI) today announced the completion of a private placement of C$550 million, equivalent to approximately US$400 million, of 4.73% fixed rate senior unsecured notes due 2033. The Notes were issued by Colliers Macaulay Nicolls Inc., a subsidiary of Colliers, and are fully guaranteed by Colliers.
Financial stocks were advancing in late Wednesday afternoon trading, with the NYSE Financial Index rising 0.6% and the State Street Financial Select Sector SPDR ETF increasing 0.2%. The Philadelphia Housing Index was 0.3% higher, and the State Street Real Estate Select Sector SPDR ETF was up 0.3%. Bitcoin was increasing 0.5% to $70,893, and the yield for 10-year US Treasuries dropped 6.4 basis ...
Financial stocks were advancing in late Wednesday afternoon trading, with the NYSE Financial Index rising 0.6% and the State Street Financial Select Sector SPDR ETF increasing 0.2%. The Philadelphia Housing Index was 0.3% higher, and the State Street Real Estate Select Sector SPDR ETF was up 0.3%. Bitcoin was increasing 0.5% to $70,893, and the yield for 10-year US Treasuries dropped 6.4 basis ...
The war in Iran has clouded
the outlook for France's economy, with the impact depending on
how long the conflict lasts and how high energy prices rise, the
French central bank said on Wednesday.
The U.S. Department of Transportation will release $1.05 billion that was set aside by the Biden administration for the long-awaited Blatnik Bridge project.
While European Central Bank policymakers reinforced that the April and June Governing Council meetings were live for a rate hike, German Bunds followed the global trend higher on Wednesday, said Daiwa Capital Markets.
Financial stocks were advancing in Wednesday afternoon trading, with the NYSE Financial Index rising 1% and the State Street Financial Select Sector SPDR ETF increasing 0.2%. The Philadelphia Housing Index was 0.2% higher, and the State Street Real Estate Select Sector SPDR ETF was up 0.4%. Bitcoin was increasing 2.3% to $70,731, and the yield for 10-year US Treasuries was dropping 6.6 basis po...
Gold traded higher early Wednesday, rising off a near three-month low as treasury yields fell. Gold for April delivery was last seen up US$154.40 to US$4,588.50 per ounce, after falling to the lowest since Jan. 2 a day earlier. The price of the metal has dropped 18% since the United States and Israel launched their war on Iran on Feb. 28.
Financial stocks were advancing in Wednesday afternoon trading, with the NYSE Financial Index rising 0.7% and the State Street Financial Select Sector SPDR ETF increasing 0.2%. The Philadelphia Housing Index was fractionally lower, and the State Street Real Estate Select Sector SPDR ETF was up 0.2%. Bitcoin was increasing 0.7% to $71,025, and the yield for 10-year US Treasuries was dropping 6.4...
* Fed saw narrow loss on operations in 2025. * Smaller interest expenses lower level of loss. * Experts see long path to cover losses related to pandemic era policy. By Michael S. Derby. The U.S. Federal Reserve reported a much narrower loss last year in an audited financial statement released on Wednesday, as its balance sheet contracted and it benefitted from a drop in interest expenses.
Regulatory News: SpineGuard, an innovative company deploying its digital surgical guidance technology?which measures tissue electrical conductivity locally in real time to ensure the safe and simplified placement of bone implants?announced today the full repayment of its bonds issued to Norgine and Harbert European Growth.
Mexico's March H1 headline inflation reading came in above expectations, driven by perishable foodstuffs and air transportation due to the upcoming Easter holidays, said Deutsche Bank. On the other hand, core inflation came in well aligned with expectations, easing slightly at an annual rate, wrote the bank in a note to clients.
Grifols' (GRFS) long-term issuer default rating was upgraded to BB- from B+ with a stable outlook, Fitch Ratings said in a statement Wednesday. Fitch also upgraded the company's senior secured ratings to BB+ and senior unsecured ratings to B+, according to the statement.
The U.S. Federal Reserve reported a much narrower loss last year in an audited financial statement released on Wednesday, as its balance sheet contracted and it benefitted from a drop in interest expenses. The Fed said that its total comprehensive loss for the full year of 2025 stood at $19.6 billion, compared with losses of $77.5 billion in 2024 and $114.6 billion in 2023.
* Volatility and Iran war delay investments, Dallas Fed reports. * Smaller E&P firms plan to increase drilling wells, larger firms cautious. * U.S. shale firms expect WTI crude to average $74 a barrel by year-end 2026. By Siddharth Cavale.
AM Best has affirmed the Financial Strength Rating of B++ and the Long-Term Issuer Credit Ratings of ?bbb? of American Health and Life Insurance Company and Triton Insurance Company. The ratings of AHLIC reflect its balance sheet strength, which AM Best assesses as very strong, as well as its strong operating performance, neutral business profile and appropriate enterprise risk management.
U.S. Democratic Senator Elizabeth Warren on Wednesday pressed top Federal Reserve official and former veteran Wall Street bank attorney Randall Guynn to explain how he is handling potential conflicts of interest in his new role, according to a letter reviewed by Reuters.
AM Best has revised the outlook to positive 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 Pedcor Assurance Company.
AM Best has assigned a Financial Strength Rating of A+ and a Long-Term Issuer Credit Rating of ?aa? to AXA XL Excess & Surplus Lines Insurance Company, a subsidiary of AXA S.A. The outlook assigned to these Credit Ratings is stable.
The U.S. current account deficit narrowed sharply in the fourth quarter, hitting the lowest level in nearly five years, amid a rise in primary income and a reduction in the goods trade deficit partly because of tariffs on imports.
Ripple is piloting its RLUSD stablecoin in a trade finance sandbox backed by Singapore's central bank, targeting faster and more efficient cross-border payments. The pilot, part of the Monetary Authority of Singapore's BLOOM initiative, involves Ripple partnering with Unloq to automate trade payments, CoinDesk reported on Wednesday.
The interest rate on the most popular U.S. home loan surged by the most in 11 months last week to the highest since October as rising oil prices from the war in Iran fanned inflation fears, forcing up yields on the Treasury bonds most influential to mortgage rates.
Uniform retailer Cintas (CTAS) raised its annual forecasts for revenue and profit on Wednesday, betting on resilient demand for its workplace essentials and facility services. The company also beat Wall Street estimates for third-quarter revenue, benefiting from employment growth in key U.S. industries such as healthcare, social assistance and construction.
America?s permitting system is driving billions in hidden costs and slowing critical housing, infrastructure, and economic development projects, according to a new report from?Labrynth, an AI-native regulatory intelligence company.
Brazil's government has issued an executive order establishing 15 billion reais in credit lines managed by state development bank BNDES to support companies hit by geopolitical instability, it said on Wednesday. * The package is aimed at exporters and companies considered strategic to Brazil's trade balance, the government says.
* BANK OF CANADA SAYS IT RESUMES MARKET OPERATIONS; WILL PROCEED WITH ITS REGULAR SCHEDULE FOR MARKET OPERATIONS, INCLUDING TODAY'S AM AUCTION OF RECEIVER GENERAL BALANCES.
By Jamie McGeever. Markets overshoot, and the dramatic surge in bets on higher interest rates in light of the Middle East energy shock is the latest case in point: the move may be logical, but its magnitude is questionable. As the dust settles on one of the busiest central bank weeks in years, the Iran war shows no sign of ending and markets remain in flux.
Gold's violent reversal this month shows how a quick sentiment flip can erase value. Prices peaked just shy of $5,600 an ounce in late January, capping a powerful rally driven by geopolitical tension, central bank demand, and retail momentum.
Chile's central bank reduced its growth expectations for the country's economy in 2026 while its inflation forecast increased amid pressures from rising global fuel prices.
The US Q4 current account deficit narrowed to $190.75 billion from a revised $239.14 billion in the previous quarter, compared with expectations for a $208.5 billion deficit from a survey compiled by Bloomberg as of 7:30 am ET. The narrower current account deficit reflected a smaller goods and services gap, the return to surplus for the primary income component and a smaller secondary income gap.
Chile's gross domestic product is expected to grow between 1.5% and 2.5% this year, the central bank said on Wednesday, reducing its forecast from a previous range of 2% to 3%. The bank also raised its forecast for inflation in 2026 to 3.6% from a previous 2.9%, amid pressures from rising global fuel prices.
Iowa lawmakers have to merge competing visions for property tax reform after multiple bills passed out of committee in the state House and Senate this month.
Liberty Energy Inc. (LBRT) today announced that it proposes to offer $450.0 million aggregate principal amount of convertible senior notes due 2032, subject to market conditions and other factors, in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended.
U.S. corporate finance chiefs' outlook for the economy improved over the first months of the year, at least until the outbreak of the U.S.-Israeli war on Iran, with executives expecting to increase employment amid solid revenue growth, though with continued pressure as well to raise prices, according to a Federal Reserve survey.
U.S. corporate finance chiefs' outlook for the economy improved over the first months of the year, at least until the outbreak of the U.S.-Israeli war on Iran, with executives expecting to increase employment amid solid revenue growth, though with continued pressure as well to raise prices, according to a Federal Reserve survey.
PANAMA CITY, March 25, 2026 Bladex,?a Panama-based multinational founded by the central banks of 23 Latin American and Caribbean countries to promote foreign trade and economic integration in the region, today hosted its 2026 Investor Day, "Our 2030 Vision."
The major foreign exchange rates have remained stable overnight Tuesday, as market participants wait to see if there is any progress in talks between the United States and Iran to end the conflict, said MUFG. The price of oil has settled back closer to US$100/barrel for Brent.
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.