Over the quarter, Franklin California Tax-Free Income Fund underperformed its benchmark, the Linked Bloomberg Muni Bond ...

High-yield bonds, known as junk for their below-investment grade ratings, ended Tuesday in positive territory on a total return basis since Trump entered the White House. And they are up slightly ...

S&P Global Ratings has dinged L.A.’s bond ratings as the city wrestles with a nearly $1 billion budget shortfall.

KBRA assigns preliminary ratings to five classes of notes totaling to $200.00 million issued by SAFCO Auto Receivables Trust 2025-1 ("SAFCO 2025-1" or the "Issuer"), a subprime auto loan ABS ...

LOS ANGELES - S&P Global Ratings has downgraded the City of Los Angeles' bond ratings, signaling increased financial distress as the city struggles to close a nearly $1-billion budget deficit. On ...

Financial markets have been on a rollercoaster ride for a few months, and no one knows how long the instability will last.

So if you invest in this type of high-yield fund now, you have potential for capital gains as bonds mature. The two funds are managed a bit differently, with the BrandywineGlobal Corporate Credit Fund ...

Mortgage rates have been riding a roller coaster in April, and the latest swing is a three-day decline—dropping the Friday ...

The debt is spread across three programs and will contribute to park and transportation projects as well as city fleet assets ...

The bond rating downgrades came days after Mayor Karen Bass outlined the city’s stark economic situation in her proposed ...

Los Angeles Mayor Karen Bass is currently seeking a state bailout, but given that the state says it has “no capacity” for new ...

Standard & Poor's 500 downgraded its credit rating of city of Los Angeles general obligation bonds, citing its “weakening ...