* Weekly jobless claims increase 22,000 to 231,000. * Continuing claims rise 25,000 to 1.844 million. * Job openings drop 386,000 to 6.542 million in December. * Hiring advances 172,000 to 5.293 million; quits steady. By Lucia Mutikani.
The number of Americans filing new applications for unemployment benefits increased more than expected last week amid winter storms, and while job openings fell to a more than five-year low in December, the decline was concentrated in a single industry.
Brazilian President Luiz Inacio Lula da Silva is leaning toward nominating economists Guilherme Mello and Tiago Cavalcanti to roles as central bank directors, as suggested by Finance Minister Fernando Haddad, two people familiar with the matter told Reuters.
State-level data released by the Bureau of Labor Statistics Tuesday showed the unemployment rate rose in six states in December and held steady elsewhere. The largest unemployment rate increases were in Delaware, where it rose by 0.3 percentage point, and Illinois, where it rose by 0.2 percentage point. The national unemployment rate was reported at 4.4% in December, down from 4.5% in November.
The U.S. Supreme Court signaled four months into Donald Trump's second presidential term last year its interest in shielding the Federal Reserve from political interference.
The U.S. Supreme Court signaled four months into Donald Trump's second presidential term last year its interest in shielding the Federal Reserve from political interference.
* Case involving Fed's Lisa Cook comes to court on Wednesday. * Trump has sought to fire Cook in an unprecedented step. * Fed officials given tenure protections under federal law. By John Kruzel. The U.S. Supreme Court signaled four months into Donald Trump's second presidential term last year its interest in shielding the Federal Reserve from political interference.
Resulting ION.au assets will be deployed into large-scale tokenization and stablecoin programs across I-ON's expanding open-finance network, underscoring accelerating institutional demand for its regulated, gold-backed digital asset platform.
The number of Americans filing new applications for unemployment benefits fell to a seven-month low last week, suggesting layoffs remained low, though the labor market is struggling to generate enough jobs for those out of work amid economic uncertainty.
The number of Americans filing new applications for unemployment benefits fell to a seven-month low last week, suggesting layoffs remained low, though the labor market is struggling to generate enough jobs for those out of work amid economic uncertainty.
* Alphabet up after report on talks with Meta to supply AI chips. * Retail sales, producer prices, consumer confidence reports released. * Kohl's and Abercrombie boost S&P Retail index. By Stephen Culp.
Wall Street extended its rally on Tuesday as a spate of economic data appeared to support the case for the U.S. Federal Reserve to implement its third and final rate cut of the year in December, while softness in the tech sector limited the Nasdaq's gains. All three major U.S. stock indexes closed in positive territory, with the blue-chip Dow out front.
Diverging Performance Within Asset Classes Bolsters Case for Active Management Northern Trust Asset Management, a leading global investment management firm with $1.4 trillion in assets under management as of September 30, 2025, expects the global economy in 2026 to continue to grow by maintaining momentum and avoiding recession, despite ongoing risks.
-?A total of 17 abstracts, including three accepted for presentation in the Cosmetic "Top Ten" Session, underscore Allergan Aesthetics' global industry leadership across multiple aesthetic categories -?Oral abstract presentations include Phase 3 clinical study results for first-in-class botulinum neurotoxin serotype E? and results from a Phase 4 study evaluating natural outcomes and patient sat...
A new report from the Global Electronics Association, ?Powering the U.S. Economy: The Economic Reach of Electronics Manufacturing,? finds that U.S. electronics manufacturing remains a powerful engine of economic growth and resilience?supporting 5.2 million American jobs, contributing $853 billion to U.S. gross domestic product, and generating $1.8 trillion in total economic output.
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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