Nearly $49.5 million in Affordable Housing Program subsidy will benefit?affordable housing development in Kentucky, Ohio, Tennessee and beyond CINCINNATI, Nov. 21, 2024 /PRNewswire/ -- Federal Home Loan Bank of Cincinnati President and CEO Andrew S. Howell announced the recipients of 56 Affordable Housing Program grants totaling over $49.5 million?marking FHLB Cincinnati's largest grant announc...
Median household income grew less than half per capita GDP rate, study finds WASHINGTON, Nov. 21, 2024 While U.S. Gross Domestic Product growth has been robust in recent years, the average American has experienced a far more modest increase in income?less than half that of per capita GDP?an indication GDP may not be the best indicator of the nation's economic health, according to a new report b...
BEIJING, Nov. 21, 2024 Chinese President Xi Jinping's visit to Latin America not only marks a new chapter in China's relations with the continent but also underscores China's commitment to advancing cooperation with and amplifying the voice of Global South nations, experts said.?Xi left Brasilia on Thursday after attending the 19th G20 Leaders' Summit and paying a state visit to Brazil.
NEW YORK, Nov. 21, 2024 The Conference Board Leading Economic Index???for the?US declined by 0.4% in October 2024 to 99.5, following a 0.3% decline in September.
VALLEY FORGE, Pa., Nov. 21, 2024 Vanguard today launched Vanguard Core Tax-Exempt Bond ETF and Vanguard Short Duration Tax-Exempt Bond ETF, two active municipal ETFs managed by Vanguard Fixed Income Group.
Economy Remains on Strong Footing, though Core Inflation Remains Sticky WASHINGTON, Nov. 21, 2024 Existing home sales are now expected to rise only 4 percent next year from a 2024 pace that is on track for a nearly 30-year low, according to the November 2024 commentary from the Fannie Mae?Economic and Strategic Research Group.
PITTSBURGH, Nov. 21, 2024 /PRNewswire/ -- National inflation levels may be on the decline, but when it comes to True Loves' gifts, the price of decking the halls keeps rising. The PNC CPI measures the change in prices consumers could expect to pay for True Love's gifts from the classic holiday carol, "The Twelve Days of Christmas."
BEIJING, Nov. 21, 2024 As the?digital economy emerges as a driving force behind global growth, nations worldwide are exploring ways to harness its potential for inclusivity and innovation. ? China's digital economy has not only fueled domestic growth but also contributed to the development of digital infrastructure in other countries.
BEIJING, Nov. 21, 2024 This is an article from?China.org.cn: Chinese President Xi Jinping has emphasized that in a world of economic globalization, only by upholding openness and cooperation in global industrial and supply chains can win-win development be achieved. Rapid reconstruction of global industrial and supply chains The world today is undergoing major changes unseen in a century.
BEIJING, Nov. 20, 2024 On Tuesday afternoon local time, President?Xi Jinping arrived in Brasilia and began his state visit to Brazil. Following two important multilateral meetings - the APEC meeting and the G20 Summit, the interactions between China and Brazil have also attracted great attention from the international media.
NORFOLK, Va., Nov. 20, 2024 PRA Group, Inc. (PRAA), a global leader in acquiring and collecting nonperforming loans, announced today the pricing of its upsized offering of $150.0 million aggregate principal amount of 8.875% Senior Notes due 2030, which was upsized by $50.0 million from the previously announced $100.0 million, at a price of 103.625% of their principal amount, in a private transaction t...
LEXINGTON, Ky., Nov. 20, 2024 Ramaco Resources, Inc. (METCB), an operator and developer of high-quality, low-cost metallurgical coal in Central Appalachia and future developer of rare earth and critical minerals in Wyoming, announced today that it plans to offer senior unsecured notes due 2029 in a registered underwritten public offering.
An?actively-managed?real?assets?fund?seeks?to?navigate?growth?and?inflation risks. NEW?YORK, Nov. 20, 2024 - World?renown economist?Nouriel?Roubini and?Atlas?Capital?Team?Inc, a pioneer in modern investment solutions, are proud to announce the launch of its inaugural exchange- traded fund on the Nasdaq, the?Atlas America Fund.
BEIJING, Nov. 19, 2024 ?Chinese President Xi Jinping has met with a number of leaders on the sidelines of the 19th G20 Leaders' Summit held in Rio de Janeiro, Brazil, underscoring the world's recognition of China's role as a powerful and stabilizing force amid global geopolitical uncertainties as well as China's significant contribution to promoting development globally.
BEIJING, Nov. 19, 2024 On November 18 at the 19th G20 Summit, addressing the Fight Against Hunger and Poverty and the Reform of the Institutions of Global Governance, President Xi Jinping delivered two important speeches, titled "Building a Just World of Common Development" and "Working Together for a Fair and Equitable Global Governance System."
BEIJING, Nov. 19, 2024 Chinese President?Xi Jinping's remarks at the 19th G20 Summit in Rio de Janeiro, Brazil, where he called for building a fair and equitable global governance system and outlined China's eight actions for global development, drew widespread attention and positive response among participants.
WASHINGTON, Nov. 19, 2024 Fannie Mae today announced its?2025 Benchmark Securities? Issuance Calendar. The 2025 Benchmark Securities Calendar identifies at least one calendar day per month for a Fannie Mae Benchmark Notes? announcement. On a weekly basis, Fannie Mae also has the option to auction Benchmark Bills? with maturities of one year or less.
The second phase of the pilot will demonstrate a new set of use cases, such as trade finance; infrastructure development is set to begin in the coming weeks SAN FRANCISCO, Nov. 19, 2024 /PRNewswire/ -- The Central Bank of Brazil has selected Banco Inter alongside Microsoft Brazil, 7COMm and Chainlink to build a trade finance solution as part of the second phase of Brazil's DREX, Brazilian digit...
BEIJING, Nov. 19, 2024 Chinese President?Xi Jinping attended the 19th G20 Summit in Rio de Janeiro on Monday. In his remarks on Fight Against Hunger and Poverty at Session I of the 19th G20 Summit on Monday, Xi called for building a just world of common development.
MECHANICSBURG, Pa. ?, Nov. 18, 2024 Select Medical Holdings Corporation (SEM), today announced that Select Medical Corporation, a wholly-owned subsidiary of Holdings, has priced a private offering of $550.0 million in aggregate principal amount of its 6.250% senior notes due 2032.
BEIJING?, Nov. 18, 2024 The 19th G20 Summit is being held in Rio de Janeiro, Brazil, from November 18 to 19. Chinese President?Xi Jinping said at the summit that China has announced the decision to give all the least developed countries having diplomatic relations with China zero-tariff treatment for 100 percent tariff lines.
CALGARY, AB, Nov. 18, 2024 NOVA Chemicals Corporation announced today the pricing of a private offering of $400 million of senior unsecured notes, structured as 7-year non-call 3-years.
LIMA, Peru, Nov. 18, 2024 With the international community increasingly at risk of being torn apart by the centrifugal force generated by the black hole at its center, Brazil making "Building a Just World and a Sustainable Planet" the priorities for the G20 Summit it is hosting in Rio de Janeiro on Monday and Tuesday is a timely attempt to refocus the attention of the participating leaders on t...
Sustainability Bonds Rated 'A+' by S&P Global Ratings, Enable Growth for Loan Fund BOSTON, Nov. 18, 2024 /PRNewswire/ -- BlueHub Capital today announces its affiliate, BlueHub Loan Fund, a leading national nonprofit community development financial institution, successfully issued $86.8 million of Sustainability Bonds in its second public debt offering.
BEIJING, Nov. 18, 2024 A news report by?China.org.cn on China-U.S. trade: ? The stereotype that China has been taking advantage of the China-U.S. trade stems from the U.S.'s trade deficit with China.
BEIJING, Nov. 18, 2024 Chinese President?Xi Jinping arrived in Rio de Janeiro on Sunday local time for the 19th G20 Summit and a state visit to Brazil.
CALGARY, AB, Nov. 18, 2024 NOVA Chemicals Corporation announced today that it intends to offer $400 million in aggregate principal amount of senior unsecured notes due 2031 in a private placement to eligible purchasers under Rule 144A and Regulation S of the Securities Act of 1933, as amended.
MECHANICSBURG, Pa., Nov. 18, 2024 Select Medical Holdings Corporation (SEM), today announced that Select Medical Corporation has commenced a private offering, subject to market and other customary conditions, of $850 million in aggregate principal amount of senior notes due 2032.
HYDERABAD, India and GENEVA, Nov. 18, 2024 /PRNewswire/ -- AM Green Kakinada Cluster has joined the World Economic Forum's 'Transitioning Industrial Clusters' initiative aimed improving collaboration and develop a shared vision among co-located companies and public institutions with the goals of driving economic growth, employment and reducing CO2e emissions.
BEIJING, Nov. 17, 2024 Brazil officially assumed the one-year presidency of the G20 in December 2023, with the motto "Building a just world and a sustainable planet." Over recent years, the two nations have strengthened cooperation across various sectors, including renewable energy, space technology and sustainable agriculture, working together to promote environmental and economic sustainability.
BEIJING, Nov. 16, 2024 Over the decades, the Asia-Pacific region has been a vital driver of global economic growth. At the same time, Asia-Pacific cooperation is confronted with challenges such as rising tendencies of geopolitics, unilateralism and protectionism.
BEIJING, Nov. 16, 2024 Chinese President?Xi Jinping's written speech at the APEC CEO Summit in Lima, Peru on Friday, in which he called for jointly promoting a universally beneficial and inclusive economic globalization, boosted confidence and opened the door further for cooperation, Chinese and foreign business leaders said.
BEIJING, Nov. 15, 2024 As the world confronts intertwined challenges of economic inequality, environmental sustainability, and social justice, global collaboration is essential. David Ferguson stressed the value of inclusive dialogue within platforms like the G20. In the TED-style segment, speakers presented innovative strategies for sustainability.
BEIJING, Nov. 14, 2024 China is ready to work with Peru to champion true multilateralism, promote an equal and orderly multipolar world and a universally beneficial and inclusive economic globalization, Chinese President Xi Jinping said in a signed article published Thursday in Peruvian media outlet El Peruano.
Living-wage job prospects mixed across demographic categories WASHINGTON, Nov. 14, 2024 The U.S. "functional unemployment" rate saw a slight uptick in October, rising 0.1 percentage points, according to the latest True Rate of Unemployment by the Ludwig Institute for Shared Economic Prosperity.
BEIJING, Nov. 13, 2024 Chinese President?Xi Jinping is traveling from November 13 to 21 to attend the 31st APEC Economic Leaders' Meeting and pay a state visit to Peru, and attend the 19th G20 Summit and pay a state visit to Brazil, at the invitation of Peruvian President Dina Ercilia Boluarte Zegarra and Brazilian President Luiz In?cio Lula da Silva.
CDR Project Developer Intends to Remove 10,000 Tonnes of CO2?from the Air via up to 10 Different Technologies at the World's First CDR Innovation & Commercialization Center MONTR?AL, Nov. 13, 2024 /PRNewswire/ --?Deep Sky, the Canadian carbon removal project developer, has sold carbon removal credits to its founding buyers including Royal Bank of Canada and Microsoft.
NEW YORK, Nov. 12, 2024 Safehold Inc. (SAFE) today announced that its operating company, Safehold GL Holdings LLC, has priced a public offering of $400 million aggregate principal amount of its 5.650% senior notes due 2035?. The Notes will mature on January 15, 2035. The offering is expected to settle on November 14, 2024, subject to the satisfaction of customary closing conditions.
Cruise Economic Contribution Outpacing Global GDP WASHINGTON, Nov. 12, 2024 ?Cruise Lines International Association, the leading voice of the cruise industry, shared highlights from the association's new 2023 Global Economic Impact Study last week at the annual CLIA Cruise Forward conference in Miami.
NEW YORK, Nov. 12, 2024 W. P. Carey Inc. announced today that it has priced an underwritten public offering of ?600 million aggregate principal amount of 3.700% Senior Notes due 2034. Interest on the Notes will be paid annually on November 19 of each year, beginning on November 19, 2025. The offering of the Notes is expected to settle on November 19, 2024, subject to customary closing conditions.
Early Career Talent Receives Meaningful Work Experience TORONTO, Nov. 12, 2024 With the global unemployment rate at 13%?for those aged 15-24,? Geotab continues to step up by providing young people hands-on work experience. The program is designed to help early career talent from universities and colleges begin their journey in the working world.
BOGOTA, Colombia, Nov. 8, 2024 Ecopetrol S.A. (EC) informs that Fitch Ratings? reported on November 6, 2024, that it has maintained the global credit rating of the Company at?BB+?with a stable outlook.
NEWTOWN, Pa., Nov. 8, 2024 ?EPAM Systems (EPAM), Inc.?, a leading digital transformation services and product engineering company, today announced the release of the?StatGPT 2.0 Platform, created in collaboration with the International Monetary Fund for evaluating and testing by Statistical Data and Metadata?eXchange sponsor organizations and selected national statistical organizations.
NEW YORK, Nov. 7, 2024 Bramshill Investments is excited to announce industry recognition of our Securitized Products team and the Bramshill Multi-Strategy Income Fund. "We are highly honored that HFM has recognized all of our hard work with this industry wide 40 Act award. Please find With Intelligence's "HFM US Performance Awards 2024" winners here.
WASHINGTON, Nov. 7, 2024 Fannie Mae?today announced Scott D. Stowell has been appointed to its Board of Directors. "We are pleased to welcome Scott to Fannie Mae's Board of Directors," said Michael J. Heid, Chair of the Board.
WASHINGTON, Nov. 7, 2024 Fannie Mae today announced that it has approved the Mortgage Partnership Finance? Program, administered by the Federal Home Loan Bank of Chicago on behalf of six Federal Home Loan Banks, to sell loans made to Native Americans and secured by tribal trust lands under the company's Native American Conventional Lending Initiative program.
TEMPE, Ariz. The report was issued today by Nancy LeMaster, MBA, Chair of the Institute for Supply Management? Hospital Business Survey Committee: "The Hospital PMI??registered 51.9 percent in October, a 3.1-percentage point decrease from the September reading of 55 percent, indicating a 14th consecutive month of growth.
NEW YORK, Nov. 7, 2024 National Debt Relief, America's leading debt settlement firm, has partnered with Docsumo, an innovative Document AI platform, to revolutionize the debt relief industry. Danny Tilipman, President & Co-Founder of National Debt Relief, illustrates the effectiveness of the partnership: "Docsumo has been instrumental in addressing our unique needs.
HPSI Up Significantly from All-Time Low Recorded Two Years Ago WASHINGTON, Nov. 7, 2024 The Fannie Mae Home Purchase Sentiment Index? increased 0.7 points in October to 74.6, pushing the measure of consumer confidence to its highest level since February 2022 and significantly higher than the all-time low recorded two years ago.
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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