* 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.
Wells Fargo Securities will price for the Chicago Transit Authority $575 million of first and second lien sales tax receipts bonds on Thursday, Feb. 5.
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.
Gilmore & Bell, P.C., a leading public finance law firm, is pleased to announce that Shelby Exposito has been named director in the Kansas City office. Ms. Exposito serves as bond counsel to state and local government agencies, cities, counties and school districts.
Indiana looks to entice the National Football League's Chicago Bears to move to northwest Indiana by offering state-backed bonds to fund a new stadium.
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.
CHICAGO, Jan. 12, 2026 ?Ziegler, a specialty investment bank, is pleased to announce the successful closing of The Moorings of Arlington Heights' $162,860,000 Series 2025 Bonds issued through the Illinois Finance Authority. The Moorings of Arlington Heights is a Life Plan Community situated on a 45-acre campus in Arlington Heights, Illinois.
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.