PFO's performance is highly sensitive to interest rates; future rate cuts should act as a strong catalyst for price and NAV ...

Borrowers came under tremendous pressure over the last four years as deposit-taking institutions (DTIs) and other lending ...

In today's time, everyone thinks about increasing their income. For this, there are many investment options available. Where ...

A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, ...

Two top Federal Reserve officials could dissent from the central bank’s likely decision Wednesday to hold its key interest ...

BNY Mellon High Yield Strategies Fund, a CEF, aims to provide attractive total return from its portfolio of credit ...

Keeping your money in a Bank of America savings account could be costing you hundreds of dollars a year. Here's what to do ...

Berkshire sold 48,660,056 shares of Bank of America ( BAC 0.58%), a stock up 520% since Buffett first took a stake in August ...

A whopping 17 certificates offer at least 4.50% APY right now, with terms stretching as long as 2027. Alternatively, you can lock in 4.28% to 4.40% for 3 to 5 years.

Tariffs are keeping U.S. interest rates high. Federal Reserve Chair Jerome Powell said Tuesday the central bank would have lowered rates this year if not for Trump's tariffs, which caused ...

Mortgage rates snapped a five-week streak of declines and ticked up on Thursday, following a strong jobs report that dramatically reduced the odds of a Federal Reserve rate cut this month.