On May 28, 2026, the?District of Columbia Housing Finance Agency issued $23.8 million in tax exempt bonds, underwrote $14.9 million in federal funding, and leveraged $3.0 million in DC Low Income Housing Tax Credit equity for the construction of 950 Eastern Ave in Ward 7?s Burrville neighborhood. Cubed Partners LLC and the United Planning Organization are the developers of 950 Eastern Avenue.
Financial stocks were higher in late Tuesday afternoon trading, with the NYSE Financial Index increasing 0.9% and the State Street Financial Select Sector SPDR ETF adding 0.6%. The Philadelphia Housing Index climbed 3.4%, and the State Street Real Estate Select Sector SPDR ETF rose 2.1%. Bitcoin was falling 2.3% to $61,906.8, and the yield for 10-year US Treasuries was decreasing 2.2 basis poin...
Financial stocks were higher in late Tuesday afternoon trading, with the NYSE Financial Index increasing 1.1% and the State Street Financial Select Sector SPDR ETF adding 0.8%. The Philadelphia Housing Index climbed 3.4%, and the State Street Real Estate Select Sector SPDR ETF rose 2.2%. Bitcoin was falling 2.1% to $61,759, and the yield for 10-year US Treasuries was decreasing 2.4 basis points...
* Loonie touches its weakest since December 4 at 1.3969. * Trade surplus widens to C$2.72 billion. * Price of oil settles 3.4% lower. * Canadian bond yields ease across the curve. By Fergal Smith. The Canadian dollar steadied near its lowest level this year against the U.S. dollar after data showed that Canada's trade surplus widened in April and ahead of a Bank of Canada interest rate decision.
Argentina's industrial output fell 2.8% in April compared to the same month last year in non-seasonally adjusted terms, data from national statistics agency INDEC showed on Tuesday.
The US Consumer Price Index is expected to rise by 0.5% in May after a 0.6% gain in April, according to a survey compiled by Bloomberg. The year-over-year rate is forecast to rise to 4.2% from 3.8% as a result. The CPI data are scheduled to be released at 8:30 am ET Wednesday.
Entrepreneur Don Buckner Sr. Reveals How Circulating Capital Domestically Powers True Economic Growth, Stronger Communities, and Superior Investment Returns LEESBURG, Fla. "Money must flow in a circle," says Buckner.
Four deals were on the day-to-day calendar, "playing it close to the vest, and all of a sudden, boom, they all get done," said Pat Luby, head of municipal strategy at CreditSights.
* US May CPI data due on Wednesday. * Traders see about 68% chance of US rate hike in December. * Oil falls after Iran, Israel halt strikes on each other. By Anushree Mukherjee.
Financial stocks were higher in Tuesday afternoon trading, with the NYSE Financial Index increasing 0.5% and the State Street Financial Select Sector SPDR ETF adding 0.6%. The Philadelphia Housing Index was rising 2.2%, and the State Street Real Estate Select Sector SPDR ETF climbed 1.9%. Bitcoin was falling 2.7% to $61,381, and the yield for 10-year US Treasuries was decreasing 1 basis point t...
ADA, Okla. The findings come from the LegalShield Consumer Stress Legal Index, a leading indicator of foreclosure filings, housing starts, and existing-home sales built on U.S. Census Bureau regional definitions. "What our data is showing is essentially two housing markets inside one country," said Matt Layton, senior vice president of Consumer Analytics for LegalShield.
Financial stocks were advancing in Tuesday afternoon trading, with the NYSE Financial Index and the State Street Financial Select Sector SPDR ETF each adding 0.3%. The Philadelphia Housing Index was rising 2.2%, and the State Street Real Estate Select Sector SPDR ETF climbed 1.9%. Bitcoin was falling 2.7% to $61,381, and the yield for 10-year US Treasuries was decreasing 1 basis point to 4.542%...
The U.S. trade deficit narrowed in April as exports of petroleum products and capital goods jumped to record highs, a trend that if sustained, will put trade on course to contribute to economic growth in the second quarter.
AM Best has assigned a Long-Term Issue Credit Rating of ?a? to Principal Financial Group, Inc.?s recently announced USD 400 million issuance of 5.3% senior unsecured notes due 2037. The proceeds from this debt issuance are expected to be used to cover general business purposes, as well as to prefund upcoming maturities.
A further gain in Canadian exports brought a wider trade surplus in April, even after a pullback in gold trade took some of the shine off, CIBC said Tuesday. The further gain in export volumes at the start of Q2, following a solid rise in March, will mean that net trade should be a positive for quarterly GDP and support a rebound in economic activity following two marginal contractions.
Amazon (AMZN) has issued C$14 billion of Canadian dollar-denominated notes, a final pricing term sheet filed with the SEC on Monday showed, marking a record size for the Canadian corporate bond market. The previous record size of C$8.5 billion was set by Google-parent Alphabet last month.
Amazon (AMZN) has issued C$14 billion of Canadian dollar-denominated notes, a final pricing term sheet filed with the SEC on Monday showed, marking a record size for the Canadian corporate bond market. The previous record size of C$8.5 billion was set by Google-parent Alphabet last month.
US existing home sales increased to the highest level since December in May, a move that is expected to bode well for the economy, the National Association of Realtors said Tuesday. Sales rose 3.2% sequentially to a seasonally adjusted annual rate of 4.17 million units last month. "More Americans are on the move, with home sales rising to the highest level since December.
The U.S. Food and Drug Administration on Tuesday said it added bemotrizinol to its list of permitted active ingredients, marking the first new UV filter to be cleared for over-the-counter sunscreens since the late 1990s. * Bemotrizinol helps protect against both ultraviolet A and B rays and has low levels of absorption through the skin into the body, the FDA said.
The US trade deficit narrowed in April as export growth outpaced an increase in imports, government data showed Tuesday. The goods and services deficit narrowed $700 million to $55.9 billion in April from March on a seasonally adjusted basis, the US Census Bureau and the Bureau of Economic Analysis said. Exports increased 2.6% to $327.1 billion in April and imports rose 2% to $383 billion.
* US May CPI data due on Wednesday. * Traders see about 70% chance of US rate hike in December. * Oil falls after Iran, Israel halt strikes on each other. By Anushree Mukherjee. Gold prices fell on Tuesday, tracking a broader market sell-off and pressured by rising expectations of a U.S. interest rate hike this year, while investor focus turned to key inflation data due later this week.
Muni bond issuers cut their median audit times from 2023 to 2024, with issuers in all governmental bond and most revenue bond sectors reducing audit timelines.
Canada's trade balance moved into a $2.7 billion surplus in April, widening from $1.8 billion the prior month, said TD after Tuesday's data. Exports in April rose by 1.6% month over month, following sturdy gains over the last two months.
National Bank of Canada retained Rockpoint Gas Storage's outperform rating and C$35 price target, according to a note published Sunday. The bank recently hosted institutional investor meetings with Rockpoint executives led by Chief Executive Officer Toby McKenna.
* TSX up 0.6% * BoC rate decision awaited. By Tharuniyaa Lakshmi. Canada's main stock index rose on Tuesday as easing Middle East tensions lifted global sentiment, ahead of the Bank of Canada's rate decision this week. At 10:09 a.m. ET, the Toronto Stock Exchange's S&P/TSX composite index was up 0.6% at 34,717.89 points.
* Traders await CPI data for signs of persistent inflation pressures. * Fed funds futures price in 68% chance of rate hike by December. * Treasury auctions this week test investor demand amid fiscal concerns. By Karen Brettell. U.S. Treasury yields edged lower on Tuesday as traders awaited key consumer price inflation data for signs of whether price pressures are continuing to build.
U.S. existing home sales increased more than expected in May, though rising mortgage rates and still-tight inventory remain a challenge for the housing market. Home sales jumped 3.2% last month to a seasonally adjusted annual rate of 4.170 million units, the National Association of Realtors said on Tuesday.
U.S. existing home sales increased more than expected in May, though rising mortgage rates and still-tight inventory remain a challenge for the housing market. Home sales jumped 3.2% last month to a seasonally adjusted annual rate of 4.170 million units, the National Association of Realtors said on Tuesday.
Existing-home sales increased by 3.2% month-over-month and year-over-year, according to the National Association of REALTORS? Existing-Home Sales report. Month-over-month sales increased in the Northeast, Midwest and South, and were unchanged in the West. ?More Americans are on the move, with home sales rising to the highest level since December.
The pace of US existing home sales rose by 3.2% to a 4.17 million seasonally adjusted annual rate in May from 4.04 million in April, compared with a smaller expected increase to a 4.07 million rate in a survey compiled by Bloomberg as of 7:35 am ET, data from the National Association of Realtors released Tuesday showed.
* Trade gap with China shrank as exports and imports declined. * Imports rose on strong demand for capital goods, especially AI-related equipment. * Services exports dipped, mainly due to weaker travel and transport. By Lucia Mutikani.
* Oil falls after Iran, Israel halt strikes on each other. * US May CPI data due on Wednesday. * Traders see about 70% chance of US rate hike in December. By Anushree Mukherjee.
Canada's merchandise trade surplus widened to $2.7 billion in April from $1.8 billion in the prior month, said Bank of Montreal after Tuesday's data. That marks back-to-back months in surplus, with April's reading the largest since the start of 2025, noted the bank. Exports rose 1.6% month over month in April after popping more than 10% in the prior month, on the back of higher energy prices.
Rocket Companies (RKT) intends to offer $600 million of senior debt maturing in 2031, along with an equal amount of obligations maturing in 2034, the company said Tuesday. The proposed securities will receive full unsecured backing from domestic units that currently guarantee existing corporate debt, the company said.
Canada's trade surplus in goods widened further in April, helped not only by higher oil prices but also by an increase in export volumes, said CIBC after Tuesday's release of the international merchandise trade data. The $2.72 billion surplus in April was wider than the $1.75 billion in the prior month but broadly in line with consensus expectations of $2.55 billion, noted the bank.
BlackRock (BLK) is closely watching Wednesday's CPI as an early test of how U.S.-Iran tensions are feeding into already elevated prices in the economy.
Canada's merchandise trade surplus with the world widened to $2.7 billion in April from $1.8 billion in March, as exports rose 1.6% month over month, while imports edged up 0.3% month over month, said the country's statistical agency on Tuesday. This was the second consecutive monthly trade surplus, and the largest since January 2025, wrote Statistics Canada in a statement.
The US international trade deficit narrowed to $55.88 billion in April from a $56.59 billion gap in March, compared with a $56.1 billion gap expected in a survey compiled by Bloomberg as of 7:35 am ET. Exports rose more than imports, narrowing the deficit.
The U.S. trade deficit narrowed in April as exports of petroleum products and capital goods jumped to record highs, a trend that if sustained, will put trade on course to contribute to economic growth in the second quarter.
The U.S. trade deficit narrowed in April as exports jumped to a record high, a trend that if sustained, puts trade on course to contribute to economic growth this quarter. The trade gap contracted 1.2% to $55.9 billion, the Commerce Department's Bureau of Economic Analysis and Census Bureau said on Tuesday.
Canada's goods trade surplus in April jumped by 55% to a 15-month high of C$2.72 billion, in part because the Iran war has pushed up the price of crude, Statistics Canada said on Tuesday. Analysts polled by Reuters had forecast a surplus of C$2.57 billion. Total exports increased 1.6% in April to reach a record high of C$75.16 billion.
* Iran, Israel halt strikes on each other. * US May Consumer Price Index due on Wednesday. * Traders see over 68% chance of US rate hike by December. By Noel John. Gold edged higher on Tuesday supported by lower oil prices as tensions eased in the Middle East, but concerns about U.S. interest rate hikes ahead of key inflation data this week capped gains.
ROSELAND, N.J., June 9, 2026 ?For the four weeks ending May 23, 2026, U.S. private employers added an average of 29,000 jobs per week, according to the NER Pulse, a weekly update of the monthly ADP National Employment Report. Employment growth eased for the third consecutive week. The NER Pulse is an estimate of the week-over-week change in employment based on a four-week moving average.
After the Canadian economy was officially declared not yet to be in recession, the May Labour Force Survey hammered home the point, said Bank of Montreal. The labor market has been a source of weakness for the economy, partly due to extreme swings in the post-pandemic population growth, noted the bank.
Multiple municipal bond offerings this week have a high exposure to climate risk, specifically high Flood Risk and Hurricane Risk Scores, according to ICE Climate Data. A $7 million offering from Ellicottville Central School District, N.Y., records a Flood Risk Score of 5.0 out of 5.0, ICE reports.
While the city projects a water emergency, capital costs in the state's latest water plan skyrocket and demand exceeds capacity in a state financing program.
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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