The US High Yield strategy climbed 1.35% (Institutional shares), net of fees, for the quarter, outperforming the 0.95% return of its benchmark, the ICE BofA US High Yield Index.

Bank of America downgraded the retail giant, Target Corporation, after the company’s Q1 results missed Wall Street’s expectations. Weakening revenues In its Q1 print, the company’s sales fell by 2.8%, ...

Bank of America downgrades Target (TGT) to Hold, citing market share losses, margin pressures, and near-term headwinds.

Habitual deficit financing — the very disease Alexander Hamilton warned against — has become business as usual.

Economists consider Moody's downgrade justified, given the U.S.'s reluctance to address its rising debt and deficit.

Moody’s downgraded the credit rating of the United States due to concerns over its $36 trillion debt pile. The move sent ripples through financial markets and could complicate President Donald Trump’s ...

The S&P 500 was down 1.5% in late trading and on track for a second drop after breaking a six-day winning streak. The Dow ...

U.S. stocks have recently recovered most of their steep losses from earlier in the year as Trump has delayed or rolled back ...

Stocks tumbled Wednesday amid signs that tariffs are weighing on consumer spending and investor concerns about the U.S. fiscal outlook.

An economist explains why the recent credit rating downgrades for major U.S. banks might not carry a big impact.

Moody's has downgraded deposit ratings of top US lenders JPMorgan Chase, Bank of America and Wells Fargo just days after stripping the nation of its triple-A rating.