Fallen angels began 2025 on a positive note, outperforming the broad high-yield market by 0.10% (1.48% vs. 1.38%). Read more ...

When reviewing nonprofit tax filings from the nine private colleges and universities that have operated in Northeastern ...

Sen. Richard Blumenthal (D-Conn.) urged Secretary of State Marco Rubio to explain the department’s plan to purchase $400 ...

Moritz Kraemer was an executive in S&P’s sovereign-bond unit when it cut the U.S.’s rating in 2011. Now an economist for German bank LBBW, he says the dysfunction in Washington has only worsened. Read ...

The credit ratings of Europe's NATO members are likely to suffer if they ramp up defence spending in line with U.S. President ...

WSJ: You were at S&P when the firm downgraded the U.S. in 2011. How big of a factor was governance then? Kraemer: Governance and institutional quality was the key driver of the do ...

PDI, a closed-end fund managed by PIMCO, offers a robust 13.5% dividend yield and is well-positioned for the coming rate ...