PIMCO Global StocksPLUS & Income Fund is downgraded to Hold due to heightened risk from elevated leverage and interest rates.

All major U.S. stock indices improved more than 1.5% on Aug. 22, 2025, following Federal Reserve Chair Jerome Powell’s latest hint at a possible cut in the nation’s interest rate next month.

Mortgage rates dropped this week to their lowest level in more than a year, mortgage buyer Freddie Mac said Thursday. Freddie Mac's latest Primary Mortgage Market Survey, released Thursday, showed the ...

When traders think of the U.S. financial sector, they often default to banks. But the sector encompasses a far broader range of businesses—including asset managers, insurers, broker-dealers, hedge ...

Management described the environment as more normalized and supportive for agency mortgages, with the conclusion of quantitative tightening and the announcement of T-Bill purchases helping to solidify ...

WASHINGTON (Reuters) -U.S. President Donald Trump has created a lot of leverage on trade with his letters on tariff rates, U.S. Treasury Secretary Scott Bessent told Bloomberg Television in an ...