All News Results

  • Where the 2020 presidential candidates, including Elizabeth Warren and Bernie Sanders, stand on affordable housing

    'California, perhaps the epicenter of unaffordable housing, is scheduled to have its primary earlier than in past election cycles'. Housing hasn't traditionally been a hot topic in presidential elections, but with homeownership financially out of reach for many Americans, the candidates vying for the Democratic nomination have been eager to discuss the issue. Bernie Sanders is the latest Democratic presidential candidate to release a comprehensive housing reform plan.

  • Investors and the Fed: I'm OK, You're OK

    The big news out of the Federal Reserve Wednesday is that most policy makers don't expect to cut rates further this year. The bigger news is that, for now at least, stock-market investors don't seem all that upset. The Fed's policy-setting committee lowered its target range on overnight interest rates by a quarter point to a range of 1.75% to 2%, just like nearly everyone thought it would, and offered up a policy statement virtually identical to the one released following July's...

  • Here are 5 things to know about the recent repo market operations

    Goldman expects Fed to make repo operations permanent. Chaos in short-term funding markets this week led the Federal Reserve to step in with a series of overnight rescue operations to help keep credit flowing through the financial system. Here are five things to know about gyrations in overnight lending rates, which several times in the past week spiked to almost 10%.

  • U.S. oil prices pare most of their gains as gasoline futures rally

    Oil futures rose Thursday, but U.S. prices gave up nearly all of their earlier gains by the settlement. Prices found support as Saudi Arabia reportedly contacted foreign producers to help fill holes in its supply chain following last weekend's attacks on the country's production facilities. However, news of storm disruptions to refining activity in Texas suggested a slowdown in demand for crude, prompting U.S. prices to give up nearly all of the day's gains.

  • Gasoline futures rally as tropical storm floods Texas; U.S. crude oil nearly erase the day's gain

    By Myra P. Saefong and William Watts, MarketWatch. Doubts emerge over Saudi Arabia's output recovery. Gasoline took the spotlight away from oil on Thursday as reports of massive flooding in Texas led to concerns of a slowdown in refining activity and lower demand for crude.

  • Ahead of the next financial crisis, one market strategist claims this is 'the best long-term risk-reward trade out there'

    And there's an ETF play for it. Kevin Muir, longtime trader and market strategist at Toronto-based East West Investment Management, says he's preparing for a market storm that nobody else seems to even be considering. "Contrary to the debt-will-overwhelm-us crowd, I believe the next great financial crisis will not be a deflationary shock, but a return of inflation no one is positioned for," he wrote in his Macro Tourist blog this week.

  • Gold marks first loss in 4 sessions

    Gold futures settled with a loss on Thursday, their first in four sessions, a day after the Federal Reserve announced a widely expected cut in interest rates, but raised doubts over the outlook for further monetary easing this year. "The Fed is, without a doubt, a headwind at this juncture," said Adam Koos, president of Libertas Wealth Management Group. "However, the market testing summer highs is putting a damper on the fear trade," and haven demand for gold.

  • Gold logs first loss in 4 sessions after Fed delivers 'hawkish cut' to interest rates

    By Myra P. Saefong and William Watts, MarketWatch. Palladium scores another record settlement. Gold prices ended lower Thursday, marking their first loss in four sessions, a day after the Federal Reserve delivered a widely expected interest rate cut but left traders uncertain on the outlook for further monetary easing.

  • Apple Can't Win Its $14 Billion European Tax Battle

    Apple (AAPL)' s EUR13 billion tax fight with Europe is grinding through the courts. It could end up generating unwelcome headlines--for Apple (AAPL) and Brussels alike. What was a story about the European Union hitting what it sees as an undertaxed technology giant has turned into a tussle for billions in tax revenue between Brussels and Washington.

  • In a blow to financial-services industry, the CFPB will keep consumer complaints database public

    Consumer advocates had feared that the agency would make the database private. The Consumer Financial Protection Bureau is keeping its consumer complaints database public, in a surprising move that may assuage advocates' concerns. The agency said Wednesday that it will continue to publish consumer complaints publicly, but that it was also make significant changes to the database.

News, commentary and research reports are from third-party sources unaffiliated with Fidelity. Fidelity does not endorse or adopt their content. Fidelity makes no guarantees that information supplied is accurate, complete, or timely, and does not provide any warranties regarding results obtained from their use.