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

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

The next federal government should be thinking about ways to get control of the financially imprudent behaviour of the state ...

Benchmark 10-year and two-year U.S. Treasury prices rallied for a fourth straight day after more data hinted at a weaker economic trajectory.

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 ...

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 ...

Every Thursday, Freddie Mac, a government-sponsored buyer of mortgage loans, publishes a weekly average of 30-year mortgage ...